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Can Google Give A.I. Answers Without Breaking the Web?
  + stars: | 2024-05-14 | by ( Kevin Roose | ) www.nytimes.com   time to read: +1 min
The question speaks to one of the most fragile dependencies in today’s online media ecosystem. Most big publishers, including The New York Times, receive a significant chunk of traffic from people going to Google, searching for something and clicking on articles about it. And even when Google announced its first generative A.I. At its annual developer conference on Tuesday, Google announced that it would start showing A.I.-generated answers — which it calls “A.I. More than a billion users will get them by the end of the year, the company said.
Persons: ChatGPT, chatbot, Bard, Organizations: Google, The New York Times Locations: United States
A farmers holds cocoa beans while he is drying them at a village in Sinfra, Ivory Coast, on April 29, 2023. Cocoa prices dropped more than 19% on Monday, giving up a large part of the strong gains that lifted them to all-time highs earlier this year. Prices last traded at around $7,175, after dropping about $1,700 per metric ton. Earlier in the year, cocoa futures hit a record of $11,722 per metric ton. Cocoa prices soared this year amid a shortage of cocoa beans due to supply disruptions, including heavy rains and disease.
Locations: Sinfra, Ivory Coast
In today's big story, we're looking at the people preparing for the collapse of the financial system . The big storyPreparing for the worstAdobe; Chelsea Jia Feng/BIOpinions fluctuate on the economy, but one group has a decidedly strong take. In the subreddit r/economiccollapse, users are preparing for a Soviet Union-type fall of the US economy , writes Business Insider's Jennifer Sor. Further down the economic totem pole, ALICEs (asset limited, income constrained, employed) are struggling to make ends meet . 3 things in techAlex Wong/Getty Images, STR / Contributor/Getty Images, Stephane De Sakutin/Contributor/Getty Images, Abanti Chowdhury/BIHow Mark Zuckerberg turned against the news.
Persons: , Chelsea Jia Feng, Jennifer Sor, Jennifer, aren't, Tyler, there's, Neil Dutta, Jim Simons, annualized, Alex Wong, Stephane De Sakutin, Abanti Chowdhury, Mark Zuckerberg, Zuckerberg, Rupert Murdoch, Sam Altman, Alyssa Powell, Rick Doblin, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover, Grace Lett Organizations: Service, Business, Chelsea, Macro, Renaissance Technologies, Big Tech, Apple, FDA, FOX Locations: Soviet Union, China, Washington, Beijing, New York, London, Chicago
Rory and Casey Jones built a villa in Bali for 2.287 billion Indonesian rupiah, or about $143,000. AdvertisementFor Rory Jones and his wife Casey, building a house in Bali seemed like a good idea — even though they had never been to Indonesia. The couple, from Tasmania, Australia, dreamed of retiring early, so they spent a lot of time investing in the stock market. Rory and Casey Jones built a villa in Bali. That said, the couple has plans to build more investment properties in Bali in the future.
Persons: Rory, Casey Jones, , Rory Jones, Casey, Jones, " Jones, videographer, aren't, Propertia Organizations: Service, Global Consulting, Facebook Locations: Bali, Indonesia, Tasmania, Australia, Thailand, Philippines, Portugal, Southeast Asia, Bingin, Uluwatu
Preparation and being in the right place at the right time is how he said he's built up his real-estate portfolio in Erie County, Pennsylvania, over the last four decades. Throughout his real-estate investing journey, many of Miller's deals came about through seller financing and being at the right place at the right time. Another financing strategy Miller employed to build his portfolio was using a hard-money lender. "Hard-money lending is probably something that's going to help you grow your portfolio faster than any other thing," Miller said. "Most of these programs range anywhere from a hundred percent financing all the way up to 105% financing, depending on the state."
Persons: Joel Miller, he's, Miller, Miller —, , Miller's, Jeff Welgan, Freddie Mac's, Welgan Organizations: Business, Facebook, Housing Act Locations: Erie County , Pennsylvania, New
Officials are tentatively scheduled to carry out the controlled demolition around 5 p.m., according to the US Coast Guard. The planned demolition is aimed at helping officials remove debris and ultimately free the 213-million-pound Dali cargo ship, which veered off course March 26 and struck a pillar of the Francis Scott Key Bridge, causing it to fall into the water below. The collapse killed six construction workers and destroyed a key thoroughfare, threatening the economy at the Port of Baltimore. Officials last week recovered the sixth and final body, allowing them to proceed with the plan to free the Dali. “The safest and swiftest method to remove the bridge piece from on top of the M/V Dali is by precision cuts made with small charges,” the Key Bridge Response Unified Command said in a news release last week.
Persons: CNN — Crews, Francis Scott Key, Dali, Kevin Dietsch, Holly Yan, Dakin Andone Organizations: CNN, US Coast Guard, Port, Baltimore Sun, WBAL, Command, , US Army, US Army Corps of Engineers, Unified Command, Army Corps, Engineers, Committee, Transportation, Infrastructure, National Transportation Safety, Coast Guard, Army Corps of Engineers, US Department of Transportation Locations: Baltimore, Port of Baltimore
First-class travel has exhibited special strength, though management noted that can be tied in part to a resurgence of business trips. People taking these loans are more likely to be lower-income with no more than a high school diploma, Lanier said. Daniel Acker | Bloomberg | Getty ImagesFrozen food maker Tyson Foods has seen consumers shifting more to eating at home than the quick-service restaurants it supplies. It's also important to remember that lower-income Americans were feeling financial pressures before the pandemic, said Tyler Schipper, an associate professor of economics at the University of St. Thomas in Minnesota. Airbnb touted interest in travel to events like the Paris Olympics and the European Cup in Germany this summer.
Persons: there's, It's, Christophe Le Caillec, underscoring, Blair Lanier, Lanier, McDonald's, Tyson, Daniel Acker, Tyson Foods, Stanley Black, Decker, Jane Fraser, CNBC's Sara Eisen, Fraser, Nancy Lazar, Piper Sandler, Tyler Schipper, Thomas, Schipper, Eric Thayer, We've, Cliff Pemble Organizations: TSN, American Express, Federal Reserve, CNBC, People, University of Michigan, San Francisco Federal Reserve, U.S, PepsiCo, Bloomberg, Getty, Tyson, Management, Adobe Analytics, Furniture, Citigroup, University of St, Airlines, Delta Air Lines, JetBlue Airways, Caribbean . Booking Holdings, Paris Olympics, European, Ticketmaster, Cedar Fair, Flags, Wayfair, Garmin Locations: America, U.S, Minnesota, New York, Germany, Valencia , California
Read previewOpenAI rival Cohere has unveiled an updated AI model it says is more useful and cheaper to run than GPT-4. The AI startup says it is rolling out the ability to fine-tune its Command R AI model, allowing it to outperform larger models like GPT-4 in some use cases while costing up to fifteen times less to operate. Similarly, when analyzing financial data Command R was 6.2% more accurate than GPT-4 and 5.3% more accurate than Claude. AdvertisementCohere said that as Command R, which initially launched in March, is significantly smaller than the likes of GPT-4, it costs much less to run. Related storiesFine-tuning on the Command R model is available on Cohere's platform from Thursday, with availability on other platforms coming in the near future.
Persons: , Cohere, Nick Frosst, Claude Opus, Claude, Mark Zuckerberg, Sam Altman, Altman, they're, Frosst, It's, Emad Mostaque, Mustafa Suleyman, We're Organizations: Service, Business, Amazon, GPT, Command, Meta, Intelligence, Stanford University, Cohere, Big Tech, Stability, Microsoft Locations: GPT, Toronto
Read previewI remember when the Mediterranean diet first became one of the hottest fads in the nutrition community — all of a sudden, my Greek salads looked super appetizing to my college roommates. Now, it's been named the healthiest diet in the world for the seventh year in a row. The condiment is a Mediterranean-diet staple and an easy swap for just about any sauce. Hanasch/ShuttershockJust because you're following a Mediterranean diet doesn't mean you can't enjoy dessert. AdvertisementYou don't need to cut out dairy to enjoy the Mediterranean dietAlthough some may say the Mediterranean diet limits cheese and dairy, my family would beg to differ.
Persons: , it's, you'd, Krzysztof Slusarczyk, creamer Organizations: Service, Business Locations: Greece, Mediterranean, tangier
Her trip inside B-15 marked the first time anyone ever dove beneath an iceberg. Professional diver Jill Heinerth has been exploring Earth's oceans for 35 years. Once inside, Heinerth described it as "this dynamic environment that's beautiful. During their second dive inside B15, they got caught in a powerful current sucking them deeper inside the iceberg. AdvertisementSince Heinerth's dive, iceberg B15 has almost entirely melted away.
Persons: Jill Heinerth, She's, it's, Heinerth, Jill, gobsmacked, www.IntoThePlanet.com Organizations: Service, Business, Disney, WBUR, NASA Locations: Jamaica, Antarctica, B15
Apple wants to give the iPad a boost
  + stars: | 2024-05-07 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +7 min
The tech giant's event will reportedly showcase a new family of… iPads and iPad accessories. But Apple's event , which kicks off at 10 a.m. EST, is looking to give the iPad a boost. iPhone sales have noticeably dipped, which is why you're hearing Apple tout its "services" business , writes BI's Peter Kafka. And the new product Apple wants you to be excited about — the Vision Pro — hasn't lived up to the hype. a16z joins the Big Tech "fake work" debate.
Persons: , Tyler Le, they're, iPads, Antonio Villas, Boas, BI's Peter Kafka, Peter, hasn't, Katie Notopoulos, Wall, Lauren DeCicca, Tim Cook, Katie, aren't, I'd, we'll, I'm, Alyssa Powell, Danielle DiMartino Booth, James Devaney, Roger Kisby, Jack Dorsey's, Elon, Dorsey, Elon Musk, Satya Nadella, OpenAI, Jeff Bezos, Mark Zuckerberg, Warren Buffett, Berkshire Hathaway, a16z, Emily Sundberg, Andreessen Horowitz, David Ulevitch, Vladimir Putin, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Service, Business, Apple, Google, Getty, US Treasury, National Bureau of Economic Research, Images, Penske Media, Microsoft, Tech, Paramount, Berkshire, Big Tech, Walt Disney Company Locations: BREIT, New York, London
That shakiness around when the cuts are coming, as well as the expectation that rates could remain higher for longer creates an opportunity for active managers. Rick Rieder, BlackRock's global chief investment officer of fixed income, told CNBC in a phone interview. Indeed, core bond funds were among the winners in the 2008 crisis. For starters, they should think about the role they want a given bond fund to play within their portfolio: Is it to offset equity risk or to boost returns? "You're not investing in bond funds to shoot the lights out and build your wealth pile," said Morningstar's Jacobson.
Persons: Rick Rieder, Rieder, Eric Jacobson, Morningstar, John Croke ,, Morningstar's Jacobson, Jaime Quinones, they're, Quinones Organizations: Federal Reserve, Barclays, Bank of America, Citigroup, CNBC, Bloomberg, SEC, Morningstar, Vanguard, Stockade Wealth Management, Mutual Locations: Marlboro , N.J
Warren Buffett's reasons this weekend for trimming Berkshire Hathaway's massive Apple stake exemplify one of Jim Cramer's primary rules of investing. More recently, Jim steadfastly stood by his "own it, don't trade it" conviction as Apple shares went on a rough ride earlier this year. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Warren, Jim Cramer's, Jim, Buffett, Tim Cook, CNBC's Becky Quick, Cook, Becky, Jim likes Apple, Apple, Jim Cramer, Warren Buffett Organizations: Apple, Developers, CNBC, Berkshire Locations: Berkshire, Omaha , Nebraska
Read previewThe AI boom resembles the dot-com bubble — but there's one big difference that makes this craze far more dangerous, says one expert. "Many dot-com companies that drove the internet change went broke doing it. Many AI companies driving as big a change will go broke or lose half their value." "The giant AI pioneers won't go broke, but if AI losses drive their stock prices down, lots of investors will suffer," Gordon said. He's previously drawn a line between the dot-com bubble and the tech-stock boom.
Persons: , Erik Gordon, Gordon, He's Organizations: Service, Business, University of Michigan's Ross School of Business, Nvidia, Microsoft, Big Tech
Nvidia is dominating earnings season, and it hasn't even reported results yet. Other mega-cap tech giants have been mentioning on earnings calls that they're boosting investment in AI infrastructure. AdvertisementThe company is gearing up for the release of its next-generation AI chip, named Blackwell, later this year. Nvidia has competition, but it still dominatesRecent earnings results from Nvidia's rival, AMD, suggest that most of this business is going to Nvidia and not its competitors. AdvertisementInvestors will have to wait until after the market close on May 22 to hear what Nvidia's earnings results actually are.
Persons: Blackwell, Elon Musk, We've, Musk, Tesla, Meta, Yann LeCun, John Werner, Brian Olsavsky Organizations: Nvidia, Microsoft, Tesla, Meta, UBS, Blackwell, AMD, Intel, Gaudi Locations: Meta
In one lunar region, Japan’s “Moon Sniper” mission has beaten the odds and survived three long, frigid lunar nights since its sideways landing on January 19. The Tianwen-2 mission will visit the space rock later this decade. But first, China has set its sights on returning to the moon’s “hidden side.”An illustration depicts the far side of the moon, with Earth behind it. Since the Chang’e 4 mission in 2019, China remains the only country to have landed on the moon’s far side, sometimes called the “dark side” of the moon. Scientists hope that returning samples from the far side could solve some of the biggest remaining lunar mysteries, including the moon’s true origin.
Persons: Graziano Ranocchia, Ranocchia, Plato, Emma Pomeroy, “ She’s, , Pomeroy, Armas Rakus, Suni Williams, Butch Wilmore, Kevin Bacon, Ashley Strickland, Katie Hunt Organizations: CNN, Engineers, Japan Aerospace Exploration Agency, NASA, Apollo, Platonic Academy of Athens, University of Pisa, Netflix, University of Cambridge, Norton Disney, Archaeology Group, Roman, International Space, CNN Space, Science Locations: China, Kurdistan, Gunung Leuser, South Aceh, Indonesia, Morocco
That was eight years ago and followed an egg-freezing debacle that made it blindingly clear my path to parenthood would be circuitous, at best. @#$" — assumedly a stand-in for an expletive and, as it turned out, a very accurate foreshadowing of what was to come. Being pregnant at my age has proven a challenge, in more ways than oneNow, at 47, I am eight months pregnant and nearly downright blissful. AdvertisementLast summer, following two surgeries (one nearly killed me) for uterine fibroids, I was finally ready to go. The truth is, there was no other path to parenthood for me.
Persons: Organizations: Service, Central, Business
When you invest in an index fund, you're essentially buying a basket of stocks that represents a broad market or theme. "That book makes a really good case for index funds." They own the Vanguard 500 Index Fund Admiral Shares Fund (VFIAX), the Vanguard Information Technology Index Fund ETF (ETF, VGT), and the Fidelity MSCI Information Technology Index ETF (ETF, FTEC). Note that ETFs, like index funds, offer an easy way to diversify and bundle several securities into one investment. Since index funds are passively managed, they typically have lower costs than actively managed funds — and, historically, they outperform active funds.
Persons: Carl, Mindy Jensen, JL Collins, Mindy, it's, They're, Collins, Jamila, Ali, Josh Lupo, Josh, Jack Bogle, Warren Buffett Organizations: Business, Independence, Apple, Microsoft, IRA, FIRE, Fund, Vanguard Information Technology Index Fund ETF, Fidelity Locations: American
Apple just launched a $110 billion stock buyback program, the biggest in history. Apple's new stock buyback program is more than the value of Boeing, Airbnb, and Chipotle. AdvertisementApple just launched a $110 billion stock buyback, the biggest in stock market history. Since then, the company's stock buyback programs have reduced its total share count to 15.44 billion, and at current prices, this stock buyback program would retire an additional 600 million shares. To put in perspective just how big Apple's stock buyback program is, consider these companies that have a total market value of less than $110 billion.
Persons: , Apple, Dan Ives, Corey Lever, Eric Risberg, Chipotle, Gregory, Brandon Bell, Airbnb, ROSLAN RAHMAN Organizations: Apple, Boeing, Service, Greater, Waste, AP, Portland Press, Getty, Dell Technologies Dell, DELL Locations: Greater China, Oakland, Calif, , Texas
“The far side of the moon is very different from the near side,” said Li Chunlai, China National Space Administration deputy chief designer. The Yutu-2 lunar rover took an image of the Chang'e-4 lunar probe on the far side of the moon on January 11, 2019. Far side mysteriesDespite years of orbital data and samples collected during six of the Apollo missions, scientists are still trying to answer key questions about the moon. Hector Retamal/AFP/Getty ImagesChang’e-6 is just one mission heading to the moon’s far side as NASA has plans to send robotic missions there as well. Cracking the lunar codeOne of the most fundamental questions that scientists have tried to answer is how the moon formed.
Persons: Von, hasn’t, , Li Chunlai, David Trone, Bill Nelson, ” Nelson, “ We’re, Pink Floyd, Renu Malhotra, Louise Foucar, we’ve, Noah Petro, Artemis III, , ” Petro, Artemis, Malhotra, Brett Denevi, ” Denevi, Hector Retamal, Denevi, Aitken, “ it’s, CNN’s Wayne Chang Organizations: CNN, China National Space Administration, NASA, Louise Foucar Marshall Science Research, Planetary Sciences, University of Arizona, Apollo, Reconnaissance, Artemis, Soviet Union, Johns Hopkins, Getty Locations: China, Tucson, AFP, Hainan Province
Holladay was driving the cars during the early car crash scene and the final car jump scene. He recalled breaking the Guinness World Record for most cannon rolls performed in a car to Business Insider. When I was hired as Ryan Gosling's stunt driver for "The Fall Guy," the film's stunt coordinator gave me one big objective. Although we had other stunts and cannon rolls to perform for other scenes, completing this big stunt felt like a real victory. A side-by-side picture of the car jump.
Persons: Logan Holladay, Ryan Gosling's, Guy, Holladay, , Adam Kirley, Daniel Craig's, Eric Laciste, we'd, Ryan Gosling, David Leitch, Colt, Tom Ryder, Aaron Taylor, Johnson, Emily Blunt, Chris O'Hara, Ryder Organizations: Business, Service, Guinness, Universal Pictures Locations: Sydney, Australia
For almost 10 years, I struggled with a type of OCD known as sexual orientation OCD (SO-OCD). When I moved to a progressive city, I accepted my queerness and now I'm engaged to the woman I love. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAlegra Kastens, LMFT, founder of the Center for OCD, Anxiety, and Eating Disorders, told me: "OCD doesn't exist in a vacuum. She had a queer friend who lived in the building, and that friend flirted with me.
Persons: , I'd, You've, Alegra, queerness Organizations: Service, Michigan Locations: Denver
The company said a mid-teens percent of mobile customers abandon their carts due to long wait times. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Related storiesNarasimhan said on the company's earnings call that nearly two-thirds of Starbucks' morning business in the US is from rewards members using the mobile app, which has yielded a remarkable insight. "In other words, customers using Mobile Order-Pay put items into their carts and sometimes chose not to complete the order, citing long wait times and product unavailability." That works out to more than one in eight mobile order customers opting not to buy a menu item they were otherwise interested in — a hefty chunk of cash left on the table for Starbucks.
Persons: , Laxman Narasimhan, Narasimhan Organizations: Starbucks, Service, Mobile Locations: Seattle
The space rock, known as 2016 HO3, is a rare quasi-satellite — a type of near-Earth asteroid that orbits the sun but sticks close to our planet. Astronomers first discovered it in 2016 using the Pan-STARRS telescope, or Panoramic Survey Telescope and Rapid Response System, in Hawaii. Scientists call the asteroid Kamo’oalewa, a name derived from a Hawaiian creation chant that alludes to an offspring traveling on its own. Kamo’oalewa specimen: A connecting puzzle pieceStudying crater impacts on the moon can also help scientists better understand the consequences of asteroid impacts should a space rock pose a threat to Earth in the future. There’s no other place, no other planet in our solar system with a moon like our moon.
Persons: they’ve, Giordano Bruno, Yifei Jiao, , Erik Asphaug, Kamo’oalewa, “ You’d, Asphaug, ” Jiao, ” Asphaug, Renu Malhotra, China’s, Patrick Michel, Noah Petro, Artemis III, Petro, , ” Petro, “ It’s Organizations: CNN, Survey Telescope, University of Arizona’s, Laboratory, Tsinghua University, University of, London, NASA, Arizona State University, University of Arizona, National Centre for Scientific Research, Reconnaissance, Artemis Locations: Hawaii, Beijing, , France
"I think you can be successful with more side hustles than you think," Cody Berman, who co-runs online printables course Gold City Ventures, told CNBC Make It in January. In seventh grade, she started selling leggings for teen girls who couldn't afford larger, trendy brands. Bella Lin, 17, started a side hustle to give her guinea pigs more quality of life. Your ability to stay up-to-date on industry trends and audience demographics can affect your earnings over time, Etsy seller Tim Riegel told Make It last year. Riegel started his side hustle — making and selling steel fire pits — in 2021.
Persons: Cody Berman, Bella Lin —, Bella Lin, Lin, you've, Tim Riegel, Riegel, Becky Powell, Powell, Becky Powell's, , Morgan Eckroth Organizations: Gold City Ventures, CNBC, Onyx Labs, YouTube, Barista Locations: Gold, Beaverton , Oregon, Portland , Oregon, U.S
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