2/29/2024 0 Comments Names for company newslettersWe were surprised by this dataset, as it has often felt like things have been trending in the opposite direction recently, with increased talk of employee apathy, the rise of forums like r/antiwork on Reddit and trends like quiet quitting. The greatest satisfaction rate gains came in what the Board refers to as “ experience of work” factors - American employees are now happier with their work/life balance and work load, for example, and contentment with compensation and workplace benefits also saw rises last year. US workers are feeling very contented according to an annual survey from The Conference Board which put overall job satisfaction at 62.3% in 2022, the highest level on record. SoftBank now pins its hopes on the forthcoming Arm IPO, where it holds a 25% stake, as a potential source of additional funds, as it begins to aggressively pursue investments in AI. Indeed, the Japanese conglomerate confessed that it had “effectively” used all of its remaining shares in Alibaba for financing. In August, it announced the sale of its remaining stake in Uber and offloaded approximately $29 billion worth of its Alibaba shares last year as well. In order to cover these substantial losses, the company has resorted to selling its most profitable and notable holdings. At its peak, SoftBank’s funds had gained more than $66bn in value - gains that have since been wiped out despite a modest resurgence in tech stocks this year. All told, the fund launched with more than $100bn, and through aggressive investments in companies like WeWork, Uber, DoorDash, Klarna, Flexport, Grab and many others, it quickly became a kingmaker for any company looking to raise investment and “blitz scale”. Although it has roots back to the early 80s, SoftBank became a global powerbroker in the tech world thanks to the launch of its Vision Fund in 2017.Led by CEO Masayoshi Son, the Vision Fund - anchored by $45bn from Saudi Arabia’s PIF - immediately became the world’s largest venture capital fund, hunting for, and often creating, the next "unicorns" (companies valued at more than $1bn) around the world. Last week, SoftBank announced a staggering record loss of $32 billion for its flagship Vision Fund during its most recent fiscal year, as the once seemingly unstoppable Japanese company continues to wrestle with mounting investment losses. Go deeper: Explore the rise and fall of certain names with the full dataset. The multi-year reigns of Olivia and Liam, for example, are actually relatively short when looking at previous tenures of names like Mary, the most common female name for a third of the last 100 years, while Michael topped the boys chart for a staggering 43 years, with David unseating the name just once (in 1960). The names that occupy the top spots, however, have historically held onto number one for a decade or more. As in the case of Yellowstone, culture, media and technology ( baby Alexa, anyone?) can all have a pretty profound effect on the popularity of names further down the list. The SSA has been tracking baby names since the late 1800s, using applications for Social Security cards to gather data for each state. Meanwhile, Paramount’s western hit Yellowstone has clearly influenced parents picking names for their new sons - Dutton and Kayce, the two fastest-growing boys’ names of 2022, both feature in the show. In other, slightly less predictable naming news, Wrenlee was the fastest-rising name for female babies last year. For boys, Liam has topped the chart for a 6th consecutive year, while Olivia has added a 4th year to her reign atop the girls’ list. The Social Security Administration published its annual list of the most common baby names in the US, and it’s a couple of familiar monikers that clinched the top spots in 2022.
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