Some locations are Instagram gold. This app helps you find them.

New York (CNN Business)Wonder Bar in Austin is basically an Instagram playground. It has it all: bright yellow banana swings, a bathtub filled with rubber duckies, a rideable unicorn and neon signs galore that say things like “Head in the clouds” and “Searching for Uranus.” But on one quick day trip to Sedona, Arizona, in 2017, Aneloski didn’t have time to find nearby photo locations. That’s when she got the idea to streamline the “location scouting process for creatives,” she told CNN Business. The app is for people who make money off their social media posts, also known as influencers or content creators, as well as millennials who want to find unique — and social media friendly — places while …

People are sick of drinking. Investors are betting on the ‘sober curious’

New York (CNN Business)Getaway in Brooklyn was comfortably full for a Saturday night, when I came in to try my first “shrub” an acidic beverage made from vinegar, fruit, sugar, club soda and zero alcohol. “It’s such a part of the culture, especially here in San Francisco that I would go out for dinner and have two to three drinks everyday,” Silicon Valley entrepreneur Justin Kan, the CEO of law-tech startup Atrium, told CNN Business. He said he has seen a shift recently within his tech circle. “I was at a dinner with a lot of tech people last night and probably half the people weren’t drinking.” Kan announced last month, in a post on Twitter, that he was giving …

Snap completes shakeup of its leadership team

New York (CNN Business)Snap, the parent company of messaging app Snapchat, has promoted two executives amid a wider shakeup of its leadership team. Spiegel has been working to cement his leadership team after a challenging 2018 for the company. Last year, Snap rolled out a poorly received redesign of the Snapchat app, and faced a declining user base and an exodus of top executives, including VP of Marketing Steve LaBella, Chief Strategy Officer Imran Khan and two CFOs. Spiegel — who cofounded the company — has reportedly clashed in the past with some of the high-profile hires who have departed, such as former Snap CFO Tim Stone. In recent months, Spiegel has been on a hiring spree. In April, Snap …

The ‘Jurassic Park’ computer company just got sold for $1.3 billion

New York (CNN Business)Cray has been synonymous with supercomputing for nearly half a century. Now the legendary tech company is joining the business that pioneered Silicon Valley: HP Enterprise. The first Cray computer, the Cray-1, was less than a thousandth the speed of an iPhone XS and had 8 MB of memory (0.2% of the iPhone’s memory). It cost just under $9 million ($33 million in today’s dollars, adjusted for inflation). But Cray computers were a game-changer. They revolutionized weather forecasting simulations decades ago, and they continue to predict weather today. NOAA’s weather-prediction system is built by Cray, Dell (DELL) and IBM (IBM). Supercomputers are also used for national defense and scientific research, among other projects. The human genome was …

Apple pledges to help rebuild Notre Dame Cathedral

New York (CNN Business)Apple will help rebuild Notre Dame. ome of France’s wealthiest families have spearheaded a fundraising effort to rebuild the Paris cathedral following a massive fire. The effort reached $900 million on Wednesday, according to the French culture minister. The billionaires behind luxury giants LVMH Group, Kering and L’Oreal on Tuesday promised a total of €500 million ($565 million). Meanwhile, French oil and gas company Total will give €100 million ($113 million), while consulting firm Capgemini committed €1 million ($1.1 million). Monday’s fire devastated large parts of the cathedral, including its iconic spire. The blaze was extinguished after nine hours. French President Emmanuel Macron said he wants Notre Dame rebuilt in five years. Original Article : HERE ; …

Lyft rises 8.7% on its first day of trading

(CNN)For years, Uber tried to bulldoze ahead of Lyft and other rivals through a mix of aggressive fundraising and dirty tricks. At one point in 2017, Uber’s former CEO, Travis Kalanick, was caught bragging on video that it was “a piece of cake” to compete with Lyft. “I’ve beaten them,” he said. Lyft priced its initial public offering at $72 a share on Thursday, valuing the company at around $24 billion. The amount was above its original proposed price range of $62 to $68 a share. In an unusual move, Lyft founders Logan Green and John Zimmer joined other execs to kick off their Wall Street debut at a former car dealership in Los Angeles, thousands of miles from the …

UK spies think they can handle Huawei in 5G networks. The US doesn’t agree

Hong Kong (CNN Business)The United Kingdom could undermine an American-led campaign to keep Chinese tech company Huawei out of super-fast 5G mobile networks around the world. The National Cyber Security Centre declined to comment Monday on the specifics of the Financial Times report but said in a statement that it has “a unique oversight and understanding of Huawei engineering and cyber security.” The intelligence agency is playing an important role in a broader UK government review examining the security of technology that operators plan to use in 5G networks in the country. “The review is looking at a range of options and will conclude in the spring. No decisions have been taken and any suggestion to the contrary is inaccurate,” …