Bloomberg Television7 min
By The Way: Headlines You May Have Missed
Lisa Mateo, David Gura, Christina Ruffini, Joey Ruffini
Interview
Jensen Wong and Leather Jacket Discourse
- New York Magazine's The Cut reported that a Tom Ford leather jacket worn by NVIDIA CEO Jensen Huang sold for $960,000.
- The jacket has reportedly lost significant value since the initial sale.
- Media outlets including The Washington Post and The New York Times framed Huang's signature jacket style as a symptom of a "textbook midlife crisis."
- Enthusiast Harris Swisher criticized the specific style as a "midlife crisis jacket" defined by stiff, overly polished leather with rivets but no rhinestones.
Microsoft Global Outage Impact
- A widespread Microsoft outage forced financial traders to revert to using telephones and fax machines due to system unavailability.
- Social media reactions included the hashtag #FourDayWeekend as workers utilized the downtime for leisure activities like gym visits and yoga.
- Burger King publicly urged troubleshooting teams to take their time to enjoy a "Whopper" during the restoration effort.
- Bloomberg Terminal and email services reportedly remained functional for the show's hosts despite the broader disruption.
Intensified Competition for AI Talent
- Companies are offering signing bonuses of up to $30,000 and referral bonuses of $30,000 to secure AI software engineers.
- Recruitment packages increasingly include luxury vacation incentives valued at $10,000 to attract top talent.
- High demand is extending beyond software engineering to construction and manufacturing roles required for building data centers.
- Major players including OpenAI and Anthropic are aggressively hiring, creating a talent shortage that drives up compensation packages for a shrinking pool of qualified workers.
Frontier Airlines "First Class" Pricing
- Frontier Airlines announced the launch of a "first class" fare option starting March 5.
- The $129 starting price secures a seat with legroom and the elimination of the middle seat, allowing passengers to occupy a two-seat row.
- The fare includes a dedicated power port but explicitly excludes meals, snacks, or warm beverages.
- The Points Guy noted that the seats do not recline, characterizing the offering as a marginal improvement over standard economy rather than a traditional luxury experience.