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The $16.6m bag: Original Birkin smashes records at Paris auction

The $16.6m bag: Original Birkin smashes records at Paris auction

NZ Herald10-07-2025
The first-ever Birkin bag designed by French luxury brand Hermes for celebrity Jane Birkin has sold for €8.58 million ($16.6m) at a Sotheby's auction in Paris, smashing previous price records for a handbag.
The modern design classic, owned by a Paris-based handbag collector, sparked a telephone bidding war up to
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CEO resigns after viral video from Coldplay concert
CEO resigns after viral video from Coldplay concert

Otago Daily Times

time8 hours ago

  • Otago Daily Times

CEO resigns after viral video from Coldplay concert

The chief executive of an American IT company captured in a widely circulated video showing him embracing an employee at a Coldplay concert has resigned. Andy Byron resigned from his job as CEO of Cincinnati-based Astronomer, according to a statement posted on LinkedIn and X by the company on Saturday. "Astronomer is committed to the values and culture that have guided us since our founding. Our leaders are expected to set the standard in both conduct and accountability, and recently, that standard was not met," the company said in its post on LinkedIn. The move comes a day after the company said that Byron had been placed on leave and the board of directors had launched a formal investigation into the jumbotron incident, which went viral. The pair were captured embracing at the Coldplay concert. Image: YouTube A company spokesman later confirmed in a statement to AP that it was Byron and Astronomer chief people officer Kristin Cabot in the video. The short video clip shows Byron and Cabot as captured on the jumbotron at Gillette Stadium in Foxborough, Massachusetts, during a Coldplay concert on Wednesday. Lead singer Chris Martin asked the cameras to scan the crowd for his Jumbotron Song, when he sings a few lines about the people the camera lands on. "Either they're having an affair or they're just very shy," he joked. Internet sleuths identified the man as the chief executive officer of a US-based company and the woman as its chief people officer. Pete DeJoy, Astronomer's cofounder and chief product officer, has been tapped as interim CEO while the company conducts a search for Byron's successor. Most concert venues warn attendees that they can be filmed and it is common practice especially when bands like to use performances for music videos or concert films. Once captured, a moment can be shared widely. "They probably would have got away with it if they hadn't reacted," said Alison Taylor, a clinical associate professor at New York University's Stern School of Business. And by the time the alleged identities emerged on social media, it hit a classic nerve around "leaders acting like the rules don't apply to them", she added.

Boss resigns after viral video from Coldplay concert
Boss resigns after viral video from Coldplay concert

Otago Daily Times

time8 hours ago

  • Otago Daily Times

Boss resigns after viral video from Coldplay concert

The chief executive of an American IT company captured in a widely circulated video showing him embracing an employee at a Coldplay concert has resigned. Andy Byron resigned from his job as CEO of Cincinnati-based Astronomer, according to a statement posted on LinkedIn and X by the company on Saturday. "Astronomer is committed to the values and culture that have guided us since our founding. Our leaders are expected to set the standard in both conduct and accountability, and recently, that standard was not met," the company said in its post on LinkedIn. The move comes a day after the company said that Byron had been placed on leave and the board of directors had launched a formal investigation into the jumbotron incident, which went viral. The pair were captured embracing at the Coldplay concert. Image: YouTube A company spokesman later confirmed in a statement to AP that it was Byron and Astronomer chief people officer Kristin Cabot in the video. The short video clip shows Byron and Cabot as captured on the jumbotron at Gillette Stadium in Foxborough, Massachusetts, during a Coldplay concert on Wednesday. Lead singer Chris Martin asked the cameras to scan the crowd for his Jumbotron Song, when he sings a few lines about the people the camera lands on. "Either they're having an affair or they're just very shy," he joked. Internet sleuths identified the man as the chief executive officer of a US-based company and the woman as its chief people officer. Pete DeJoy, Astronomer's cofounder and chief product officer, has been tapped as interim CEO while the company conducts a search for Byron's successor. Most concert venues warn attendees that they can be filmed and it is common practice especially when bands like to use performances for music videos or concert films. Once captured, a moment can be shared widely. "They probably would have got away with it if they hadn't reacted," said Alison Taylor, a clinical associate professor at New York University's Stern School of Business. And by the time the alleged identities emerged on social media, it hit a classic nerve around "leaders acting like the rules don't apply to them", she added.

Tech firm CEO resigns after viral Coldplay concert video
Tech firm CEO resigns after viral Coldplay concert video

1News

time10 hours ago

  • 1News

Tech firm CEO resigns after viral Coldplay concert video

Tech company chief executive Andy Byron has resigned after a viral video showed him embracing a woman, widely believed to be an employee, at a Coldplay concert. Byron stepped down from his role as CEO of US-based artificial intelligence company Astronomer following widespread online speculation that the woman in the video was the company's HR chief, Kristin Cabot. Earlier this week, a pair were spotted together on the "kiss cam" screen at Gilette Stadium in Foxborough, Massachusetts, before both promptly ducked out of view. "Either they're having an affair, or they're just very shy," Coldplay lead singer Chris Martin joked to the crowd. The company said in a statement that leaders were expected to meet standards of conduct and accountability, which had not been met in this case. ADVERTISEMENT "Andy Byron has tendered his resignation, and the board of directors has accepted," the statement said. "The board will begin a search for our next chief executive as cofounder and chief product officer Pete DeJoy continues to serve as interim CEO. "Before this week, we were known as a pioneer in the DataOps space, helping data teams power everything from modern analytics to production AI. "While awareness of our company may have changed overnight, our product and our work for our customers have not. We're continuing to do what we do best: helping our customers with their toughest data and AI problems." The move comes a day after the company said that Byron had been placed on leave, and the board of directors had launched a formal investigation into the incident. A short video clip from the Coldplay concert showed a man and a woman cuddling and smiling, his arms wrapped around her, as she leaned back into him. When they saw themselves on the big screen, her jaw dropped, her hands flew to her face, and she spun away from the camera. He ducked out of the frame, as did she. Additional reporting by the Associated Press

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