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Robert F. Kennedy Jr.’s running mate, the Silicon Valley investor Nicole Shanahan, said on Wednesday night that she had given another $8 million to their independent presidential campaign as it carries out the expensive endeavor of gaining ballot access across the country and tries to propel Mr. Kennedy onto debate stages. Ms. Shanahan, a lawyer who was formerly married to the Google co-founder Sergey Brin, gave the campaign $2 million shortly after Mr. Kennedy named her as his running mate in March. After a nod to the media, Ms. Shanahan said, “I think I know what they’re going to say — they’re going to say Bobby only picked me for my money,” a remark that drew laughter from the crowd. She followed performances by comedians including Russell Brand, Rob Schneider and Jim Breuer, a former “Saturday Night Live” cast member. Many of the performers praised Mr. Kennedy, but they also used their time onstage to rail against Covid vaccinations, Dr. Anthony S. Fauci, the mainstream news media and President Biden.
Persons: Robert F, Kennedy Jr, Nicole Shanahan, Kennedy, Shanahan’s, Shanahan, Sergey Brin, , Bobby, , Russell Brand, Rob Schneider, Jim Breuer, Mr, Anthony S, Biden Organizations: Mr, PAC, Google Locations: Nashville, Ryman
Frank McCourt, a real estate billionaire and the former owner of the Los Angeles Dodgers, said Wednesday he is laying the groundwork to acquire TikTok as part of a broad initiative to make a healthier internet. Still, McCourt said, the potential opportunity to acquire TikTok is a chance to rewire how social media works. “We can, and must, do more to safeguard the health and well-being of our children, families, democracy and society,” McCourt said in a statement. McCourt joins a host of other would-be suitors angling to pick up a platform used by 170 million Americans. A group of eight TikTok creators on Tuesday also filed a separate lawsuit challenging the potential ban.
Persons: Joe Biden, TikTok, Frank McCourt, McCourt, ” McCourt, Kirkland, Ellis, Sir Tim Berners, Lee, Steven Mnuchin, Kevin O’Leary, , , Topher Townsend, ” TikTok Organizations: New, New York CNN, Los Angeles Dodgers, TikTok, Guggenheim Securities, Former, O’Leary Ventures, US Department of Justice Locations: New York, United States, China
In the early hours of Jan. 29, 2022, as a snowstorm raged, a 46-year-old Boston police officer, John O’Keefe, was discovered unresponsive outside the home of a fellow officer in Canton, Mass. Officer O’Keefe had severe head injuries and hypothermia and was pronounced dead that morning. Ms. Read was arrested three days later, and the case has transfixed Boston ever since. Ms. Read, 44, is now on trial in a Massachusetts courtroom, accused of killing Officer O’Keefe by backing into him with her sport utility vehicle after an argument and then leaving the scene. Her lawyers, along with a vocal and devoted squad of defenders, say she is innocent, alleging a sweeping conspiracy and cover-up by law enforcement officials to hide the truth about the murder.
Persons: John O’Keefe, Karen Read, O’Keefe, Read Organizations: Boston Locations: Canton , Mass, Massachusetts
There’s a three-letter abbreviation that economists have started pronouncing with the energy of a four-letter word: “O.E.R.”It stands for owner’s equivalent rent, and it has been used to measure American housing inflation since the 1980s. As its name suggests, it uses a combination of surveys and market data to estimate how much it would cost homeowners to rent the house they live in. But three years into America’s price pop, it has become almost cliché for economists to hate on the housing measure. The most intense haters insist that it is giving a false impression about where inflation stands. “It’s just not adding anything to our understanding of inflation,” said Mark Zandi, chief economist of Moody’s Analytics and a frequent adviser to the Biden administration.
Persons: There’s, “ It’s, , Mark Zandi, Biden, Zandi, grousing, Organizations: New York Times
In today's big story, we're looking at Google's big event that's pitching all the ways AI agents can make our lives easier . Google I/O, the tech giant's biggest developer conference, was heavy on the rise of so-called AI agents , writes Business Insider's Hugh Langley, who was there in person. AdvertisementGoogle's faithful, old search engine got a noticeable facelift with the help of AI , writes BI's Geoff Weiss. Steven Puetzer/Getty, Tyler Le/BIThe stakes for Google are high, as nailing AI agents opens up a massive business opportunity. For AI agents to be so intuitive, they'll need access to seemingly every aspect of our lives.
Persons: , Tyler Le, you've, OpenAI's ChatGPT, Hugh Langley, Sundar Pichai, Geoff Weiss, Hugh, Alistair Barr, Gregory Wayne, Steven Puetzer, hasn't, Alistair, Demis Hassabis, Minchillo, Keith Gill, Naz Vahid, Andy Sieg's, Noah Berger, Jia Feng, Tingting Ji, Jenny Chang, Rodriguez, BI's Peter Kafka, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Service, Business, Google, Astra, GameStop, AMC Entertainment, JPMorgan, Citi, Amazon Web Services, Walmart, UPS, Nielsen, Cisco Systems, Warner Bros, Discovery Locations: New York, Dublin, London
Mr. Biden recently indicated he would debate Mr. Trump, but had until now declined to give any firm commitment or specific details. In a video announcing his offer, Mr. Biden taunted Mr. Trump. Mr. Trump leads Mr. Biden in most polls of battleground states, including the recent surveys by The New York Times, Siena College and The Philadelphia Inquirer. Significantly more voters trust Mr. Trump over Mr. Biden to handle the economy. Mr. Biden, exasperated, famously said to Mr. Trump, “Will you shut up, man?
Persons: Biden, Donald J, Trump, , Robert F, Kennedy Jr, Mr, Biden’s, Jennifer O’Malley Dillon, O’Malley Dillon, , Trump’s, “ Let’s, Donald, Ms, Mark Makela, “ Will, Susie Wiles, Chris LaCivita, Reagan, , There’s, Kennedy, Wiles, LaCivita, George W, Bush’s, Barack Obama, Mitt Romney, Richard Perry, Romney, Hillary Clinton’s, Bill Clinton, Reid J, Epstein Organizations: The New York Times, Biden, Commission, Mr, Trump, , , Republican National Convention, Republican National Committee, Siena College, The Philadelphia Inquirer, White House, CNN, Electoral College —, Republican, Democratic, ” Networks, CBS News, ABC News, Telemundo Locations: Washington, Trump’s Manhattan, York, Milwaukee, America
A Big Plot Twist at OpenAI
  + stars: | 2024-05-15 | by ( Andrew Ross Sorkin | Ravi Mattu | Bernhard Warner | ) www.nytimes.com   time to read: +1 min
Behind a big shake-upA day after OpenAI announced major updates to its ChatGPT chatbot, the company said its chief scientist and co-founder was leaving. There were signs that Ilya Sutskever would quit, six months after he helped lead the rebellion that briefly ousted Sam Altman as OpenAI’s C.E.O. But it also raises questions about the future of a leading developer of generative A.I. “OpenAI would not exist without him and certainly was shaped by him,” Altman told The Times about Sutskever. But Sutskever’s presence at OpenAI may have become untenable.
Persons: OpenAI, Ilya Sutskever, Sam Altman, OpenAI’s, “ OpenAI, ” Altman, Altman, Elon Musk, Sutskever Organizations: Times
Sergey Brin said at Google I/O that Project Astra is "the perfect hardware" for smart glasses. Google's cofounder said the tech giant was a decade too early with Google Glass, which famously flopped. Google revealed Project Astra on Tuesday, an AI agent that was also working on prototype glasses. Amazon also launched its own version of smart glasses in 2019. But as companies like Google and OpenAI show off just how impressive the next level of AI is, don't be surprised if the idea of AI glasses gains more traction.
Persons: Sergey Brin, , Pichai, Zuckerberg, Meta's Organizations: Google, Astra, Service, Project Astra, CNBC, Amazon, Business
Have you all noticed the Republican stars and wannabes showing up at Donald Trump’s trial? For its part, Team Trump may just be happy to have some respectable, unindicted players on Mr. Trump’s side. OK, Mr. Paxton doesn’t strictly meet those criteria, but you get my point. And of the many sordid ways Mr. Trump sets himself apart, his crew of henchmen is a doozy. Michael Cohen deserves top billing with his juicy court appearances this week, as Mr. Trump’s former fixer shared the nitty-gritty of how to keep your boss’s alleged extramarital encounters from blowing up a presidential campaign.
Persons: Donald Trump’s, Mike Johnson, J.D, Vance, Rick Scott, Doug Burgum, Ken Paxton, Vivek Ramaswamy …, Paxton doesn’t, Trump, underscoring, we’d, Michael Cohen, Trump’s, Steve Bannon, Rudy Giuliani, Paul Manafort Organizations: Republican, Team Trump, Trump, fixer Locations: North Dakota, Texas, Trump II
Derek Arthur andGovernor Ron DeSantis of Florida recently signed a bill that bans both the production and the sale of lab-grown meat. In this audio essay, the columnist Paul Krugman argues that DeSantis’s actions represent a window into the modern Republican Party, a party in which “politics is about displaying what kind of person you are and what your allegiance is, as opposed to actually getting policies that work in place.”(A full transcript of this audio essay will be available within 24 hours of publication in the audio player above.)
Persons: Derek Arthur, Ron DeSantis, Paul Krugman Organizations: Republican Party Locations: Florida
Read previewPresident Joe Biden's campaign is trolling Donald Trump over his Manhattan criminal trial while pushing the former president to agree to an unprecedented summer presidential debate. On Wednesday morning, Biden's campaign proposed two presidential debates outside the traditional nonpartisan organization that has scheduled such contests for decades. Their suggestion includes an unprecedented June debate, which would easily be the earliest major presidential debate. ;'"The biggest shake-up to presidential debates in decadesBiden's proposed debates would be in June and early September. The organization, the Commission on Presidential Debates, has faced criticism in recent years, especially from Republicans, over its selection of moderators.
Persons: , Joe Biden's, Donald Trump, Biden, CNN's, I’ve, Donald, — Joe Biden, Trump, Juan Merchan, doesn't, Let's, Biden's, Robert F, Kennedy Jr, Jen O'Malley Dillon, Dillon, George H.W Bush's, O'Malley Dillon Organizations: Service, Manhattan, Business, Republican National Convention, Electoral College –, American Locations: @CNN, Manhattan
Live Updates: Inflation Expected to Cool Slightly
  + stars: | 2024-05-15 | by ( Ben Casselman | ) www.nytimes.com   time to read: +9 min
Housing Inflation Remains Stubbornly High Economists had expected two measures of rental inflation to fade in 2023 and 2024, but that process is taking time to play out. There are two main measures of inflation in America, the Consumer Price Index and the Personal Consumption Expenditures index. Consumer Price Index Inflation Remains Hotter The Consumer Price Index is climbing faster than the Personal Consumption Expenditures index, in large part because it weights housing more heavily. With housing, Consumer Price Index inflation totaled 3.5 percent in March. But the convergence between new and existing rent inflation is taking a lot longer than expected.
Persons: There’s, “ It’s, , Mark Zandi, Biden, Zandi, grousing, , O.E.R, We’re, would’ve, Mark Franceski, I’ve, Ernie Tedeschi, Tedeschi Organizations: New York Times, Federal Reserve, Index, Housing, Zelman, Associates, White House Council, Economic Advisers Locations: America, bam, Europe
AdvertisementSo who is Larry Page and how did he get to where he is today? AdvertisementPage and Sergey Brin create GoogleGoogle co-founders Sergey Brin and Larry Page met as students at Stanford. Google's parent company, Alphabet, has developed self-driving cars through Waymo, the company formerly known as the Google Self-Driving Car project. Page's personal lifeGoogle cofounder Larry Page and his wife, the scientist Lucinda Southworth C Flanigan/FilmMagicThroughout it all, Page has kept information about his personal life closely guarded. Life after GoogleGoogle cofounder Larry Page bought Cayo Norte, an island in Puerto Rico.
Persons: , Larry Page, Sergey Brin, Page, Sundar Pichai, Gloria, Carl Page —, Larry, what's, Nikola Tesla, he's, Brin's, BackRub, Brin, Eric Schmidt, Schmidt, Andy Rubin's, he'd, Andrew Kelly, Sergey, Lucinda Southworth C, Lucinda Southworth, Richard Branson, Page's, Carl Victor Page, Carl Page, He's, Hugh Langley Organizations: Service, Google, Business, Michigan State University . Education, Getty, Michigan State University, The, Montessori, Google Google, Stanford, Associated Press, University of Michigan, Labs, Reuters Page, Virgin Group, Investments, Carl Victor Page Memorial Foundation, Zee Aero, Pacific, Virgin Island, Atomic Locations: Michigan, Waymo, Toronto, Stanford, Caribbean, Palo Alto, Cayo Norte, Puerto Rico, Koop, Tavarua, Fiji
Michael Cohen and Rosie O’Donnell: A Love Story
  + stars: | 2024-05-15 | by ( Jacob Bernstein | ) www.nytimes.com   time to read: +1 min
The text came through on Michael D. Cohen’s iPhone on Monday morning, shortly before he took the stand in a Manhattan courtroom as the star witness in the criminal case against his former boss, Donald J. Trump: “breathe - relax - tell the truth - u got this - i love u.”An hour later, another text came in from the same person: “Ur doing great.”“Thank you and truly love you,” Mr. Cohen wrote back to the sender, who was not his wife, either of his children or another family member, but the comedian and actress Rosie O’Donnell. Politics, the cliché goes, makes strange bedfellows. But few relationships seem as unlikely as the intense bond that has developed between Mr. Cohen and Ms. O’Donnell, two Long Island natives of the same generation who were pulled into Mr. Trump’s force field in vastly different ways years ago, and who connected as they surveyed the damage afterward. It is not lost on Ms. O’Donnell, 62, that Mr. Cohen, 57, once helped carry out Mr. Trump’s campaign of insults against her, tormenting her for her looks and her weight and calling her “wacko.”
Persons: Michael D, Donald J, , Mr, Cohen, Rosie O’Donnell, O’Donnell, Trump’s, Organizations: Trump, Mr Locations: Manhattan, Long
President Donald Trump and Democratic presidential candidate Joe Biden during the final presidential debate at Belmont University in Nashville, Tennessee, on Oct. 22. President Joe Biden on Wednesday challenged former Donald Trump to two head-to-head debates before the November election, with several special conditions. Both proposed showdowns would be held without the involvement of the non-partisan commission that typically organizes presidential debates. "Just tell me when, I'll be there," wrote Trump. " During the 2020 debates, Biden and Trump regularly broke out into shouting matches as they each tried to get a word in edgewise.
Persons: Donald Trump, Joe Biden, Biden, Trump, Donald, Jen O'Malley Dillon, O'Malley Dillon, Trump's, Robert Kennedy Jr, doesn't Organizations: Democratic, Belmont University, Wednesday, Republican, CNN, Republican National Convention, Democratic National Convention, White, New York Times, American People Locations: Nashville , Tennessee, Democratic, York, Pennsylvania, Michigan, Wisconsin, United States
Google I/O 2024 "should assuage fears over [Alphabet's] AI competitive position," analysts at Oppenheimer wrote in a research note to clients on Wednesday. Here's the full list of Alphabet's AI updates. "I was using Google Search versus using ChatGPT … [and] ChatGPT was so much more thorough than Google without ads. The next big question in AI: Who will Apple choose to partner with for its own AI features? Google CEO Sundar Pichai speaks at the Google I/O developer conference.
Persons: Goldman Sachs, Oppenheimer, Bard, Jim Cramer, Siri, Alexa —, Sundar Pichai, ChatGPT, Jim, Goldman, Jim Cramer's, Andrej Sokolow Organizations: Citi, Google, Wednesday, ChatGPT, Microsoft, Gmail, Gemini, Apple, Developers, CNBC, Getty
Six Flags stock has ticked up nearly 7% in 2024. The analyst reiterated an overweight rating on the stock as well as a $1,200 per share price target, implying more than 31% upside from Tuesday's close. The analyst has a buy rating on Nvidia with a $1,150 per share price target, or about 26% upside ahead. He also raised his price target on U.S.-listed shares to $5.40 per share from $4.80, though the new forecast calls for a 6% decline over the next year. NIO YTD mountain NIO YTD Lai had downgraded Nio to underweight in February due to slowing sales momentum.
Persons: Chris Woronka, Woronka, Brian Evans, John Vinh doesn't, NVDA, Vinh, Timothy Arcuri, Arcuri, — Brian Evans, Goldman Sachs, Alphabet's, Eric Sheridan, Sheridan, Oppenheimer, Jason Helfstein, GOOG, Helfstein, Brent Thill, Jefferies, Nick Lai, YTD Lai, Fred Imbert, ~$ ( ~$) Organizations: CNBC, JPMorgan, Deutsche Bank downgrades, Flags Entertainment, Deutsche Bank, Fair, Nvidia, Blackwell, UBS, Google, Gemini
In 2016, I was offered a role as a director of product design at a New York tech startup called UpTop. How I got a job at a New York tech startupI studied business law at college in Ukraine but decided I wanted to follow my passion and become a designer. I worked at three other companies in Ukraine before moving to the US, doing UX and product design. In the US, I feel that big companies are developing original ideas and patents, while in Ukraine, the biggest tech companies provide consultancy services. As a product design director at UpTop, I could choose which features to research and test and decide how a certain feature would be implemented.
Persons: , Yaroslav Zubko, I'd, hadn't, I've, UpTop, it's, Tinder Organizations: Service, Business, Zubko, Deloitte Locations: New York, Ukraine, America, UpTop, Tinder, SoftServe, Ukrainian
In the letter, the campaign proposed debate dates in June and September. CNN has reached out to the Trump campaign and the committee for comment. In recent public appearances, Trump has seemed eager to debate Biden – he set up an empty lectern at a campaign rally in Wisconsin early last month in a taunt to Biden. The Commission on Presidential Debates announced dates for three presidential debates last November. The campaign also proposed that a vice presidential debate take place in late July after the Republican Party nominates its candidate for that position.
Persons: Joe Biden’s, Donald Trump, Biden, “ Donald Trump, ” Biden, I’ll, Donald –, Biden’s, Trump, Biden –, , Joe, ” Trump, Jen O’Malley Dillon, Organizations: Washington CNN, CNN, Presidential, Republican Party Locations: Wisconsin, Green Bay, Texas, Virginia, Utah
Google unveils new AI models
  + stars: | 2024-05-15 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGoogle unveils new AI modelsCNBC's Steve Kovach joins 'Squawk Box' to discuss the latest products unveiled at Google's annual developers conference, I/O.
Persons: Steve Kovach Organizations: Google
Less than a week after two public sculptures featuring a livestream between Dublin, Ireland, and New York City debuted, “inappropriate behavior” in real-time interactions between people in the two cities has prompted a temporary shutdown. The creators of the sculptures are now “investigating possible technical solutions to inappropriate behaviour by a small minority of people in front of the Portal,” according to a statement from the Dublin City Council. “Dublin City Council had hoped to have a solution in place today, but unfortunately the preferred solution, which would have involved blurring, was not satisfactory,” the City Council said late Tuesday. The Dublin-New York city pairing isn’t the first real-time bridge between cities through these sculptures. The first Portals, according to the organization’s website, linked Vilnius, Lithuania, with Lublin, Poland, in 2021.
Persons: Niall Carson, , Benediktas Gylys, Daithí, de Róiste, , De Róiste Organizations: CNN, New York City, Dublin City Council, City Council, Dublin, AP Organizers, Flatiron NoMad Partnership, Flatiron, Public, Broadway, Fifth, Dublin’s, Mayor, Róiste’s, Smart Locations: Dublin, Ireland, New, New York, , York, Poland, Brazil, Lithuania, City, Vilnius, Lublin
He previously took home the title of Morningstar fixed-income manager of the year in 2016. Generating long-term outperformance The largest among the many funds O'Neil co-manages is the Fidelity Total Bond Fund (FTBFX), which has $35.8 billion in assets and a 5.32% 30-day SEC yield. From December 2004 through the end of March 2024, Fidelity Total Bond Fund's 3.7% annualized gain topped the typical intermediate core-plus bond Morningstar Category fund's 3.3% and the 3.1% of its benchmark, the Bloomberg U.S. The 'secret sauce' The fixed-income team also benefits from teaming up with equity analysts when they talk to corporate executives, public agencies and government issuers. "If you're a buyer of nominal yields, you're finding the market very attractive.
Persons: Fidelity's Ford O'Neil, O'Neil, O'Neil —, Morningstar, Ford …, Dan Culloton, Morningstar's Culloton, FTBFX, it's Organizations: Fidelity, Harvard University, One, CNBC, Harvard, Bond Fund, SEC, Bloomberg U.S, Total Bond, Bond, Federal Reserve, Fed, Treasury Locations: Wharton, U.S
Meanwhile, OpenAI on Monday launched a new AI model and desktop version of ChatGPT, along with a new user interface. Gemini AI updatesGoogle introduced updates to Gemini 1.5 Pro, its AI model that will soon be able to handle even more data — for example, the tool can summarize 1,500 pages of text uploaded by a user. Generative AI tools such as chatbots and image creators continue to have issues with accuracy, however. New search featuresThe tech giant is launching "AI Overviews" in Google Search on Monday in the U.S. AI Overviews show a quick summary of answers to the most complex search questions, according to Liz Reid, head of Google Search. Google Search found the model of the record player and suggested that it could be malfunctioning because it wasn't properly balanced.
Persons: Sundar Pichai, Andrej Sokolow, Anthropic, OpenAI, There's, Pichai, Gemini, Apple's Siri, Prabhakar Raghavan, Liz Reid, you'll, that's, Google's, Tony Stark's, , ChatGPT, Demis Hassabis Organizations: Google, Getty, Gemini, Monday, Gmail, Astra Project Astra, Marvel, Astra Locations: U.S
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGoogle still doesn't have an answer to Apple's AI-potential, says Wedbush's Dan IvesDan Ives, Wedbush, joins 'Power Lunch' to discuss the latest announcements from Google's i/O event and what it means for the stock and position in the AI mega cap sector.
Persons: Wedbush's Dan Ives Dan Ives
Google revealed a new AI-powered video generator called Veo at I/O on Tuesday. Veo can generate videos longer than a minute and understands filmmaking lingo, Google said. It's a direct challenge to OpenAI's Sora tool, which was unveiled earlier this year. Google's new text-to-video tool called Veo can generate 1080p videos based on text, image, and video prompts, the company announced on Tuesday from the Google I/O stage. Google showed off some impressive clips created by Veo in the announcement.
Persons: It's, , Veo Organizations: Google, Service, OpenAI, Business
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