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☆ Here are Monday's biggest analyst calls: Nvidia, Amazon, Apple, Tesla, Dell, Micron & more
▼ + stars: | 2024-05-20 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Monday's biggest calls on Wall Street: Melius reiterates Apple as buy Melius said it sees several positive catalysts ahead for Apple. Bernstein reiterates Dell as outperform Bernstein raised its price target on the stock to $155 per share from $120. Goldman Sachs reiterates Amazon as buy Goldman said it's standing by its top pick status on shares of Amazon. " Barclays reiterates Nvidia as overweight Barclays raised its price target on Nvidia to $1,100 from $850. Morgan Stanley upgrades Micron to equal weight from underweight Morgan Stanley raised its price target on Micron to $130 per share from $98.

Persons: Melius, Bernstein, Dell, Stifel, Baird, Goldman Sachs, Goldman, –, Huntington Ingalls, it's, it's bullish, Redburn, Tesla, Morgan Stanley, Salesforce, Jefferies, Evercore, TJX Organizations: Apple, Developers, Citi, RIO, Nvidia, Barclays, Robotics, Group, Marex Group, Micron, Hasbro, U.S . Steel, UBS, Universal Health Services, JPMorgan, TJX Companies, SSS, Seaport, FedEx, US Locations: Tinto, America, Cleveland, China

☆ Twitter now directs to X.com in the latest step in Musk's rebrand of the platform
▼ + stars: | 2024-05-17 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +1 min

Elon Musk just took the next step in rebranding Twitter as X.Twitter.com now redirects to the X.com domain. Musk has had a fascination with using the letter X for his businesses dating back to at least 1999. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementSocial media users trying to access Twitter may notice something different today: Typing in Twitter.com now redirects to the X.com domain. Platform owner Elon Musk confirmed the change in a post early Friday morning, saying, "All core systems are now on X.com."

Persons: Elon Musk, — Organizations: Twitter, Service

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMorgan Stanley discloses $270 million investment in Grayscale Bitcoin ETF: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's episode, Tiago Sada, head of product, engineering, and design at Worldcoin parent company Tools for Humanity, discusses the foundation's new data protection system.

Persons: Morgan Stanley, explainers, Tiago Sada Organizations: CNBC Crypto, CNBC, Humanity

☆ The future of data protection and AI workloads in the cloud
▼ + stars: | 2024-05-09 | 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 EmailThe future of data protection and AI workloads in the cloudCNBC's Frank Holland discusses the key takeaways from this year's RSA Conference.

Persons: Frank Holland Organizations: RSA Conference

☆ Google's controversial move to kill the web cookie just got delayed until 2025
▼ + stars: | 2024-04-24 | by ( Ana Altchek | ) www.businessinsider.com time to read: +4 min

Google delayed the removal of third-party cookies from Chrome again. AdvertisementGoogle is delaying its removal of third-party cookies on Chrome — again. Third-party cookies are small data files stored on a user's device. Related storiesIn January, Google experimented with phasing out cookies for 1% of Chrome users, which is about 30 million people. "We welcome Google's announcement clarifying the timing of third-party cookie deprecation," a CMA spokesperson told BI.

Persons: —, It's, hinging, Stephen Almond, Almond Organizations: Google, CMA, ICO, Service, Apple, Mozilla, Chrome, Markets Authority, Consumers Locations: aaltchek@insider.com

☆ Grindr shared the HIV status of users with ad firms, lawyers say
▼ + stars: | 2024-04-22 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +3 min

Read previewA class action claim filed against LGBTQ+ dating and hookup app Grindr alleges that "potentially thousands" of UK app users had their private information, including HIV statuses, shared with third parties. The claim, lodged on Monday by UK-based law firm Austen Hays, accuses Grindr of breaching UK data-protection laws by sharing sensitive information with third parties without users' consent. Austen Hays alleges that the data breaches occurred before April 2018 and between May 2018 and April 2020, "although they may extend to further periods," it said. With more of us finding love and connections online, the risk of extremely personal data being shared and potentially monetized is growing. In an email statement sent to Business Insider, a Grindr spokesperson said: "We are committed to protecting our users' data and complying with all applicable data privacy regulations, including in the UK."

Persons: —, Austen Hays, Grindr, Chaya Hanoomanjee Organizations: Service, Business, Norwegian Data Protection Authority, Data

☆ Dutch government says it may stop using Facebook over privacy concerns
▼ + stars: | 2024-04-19 | by ( Ryan Browne | ) www.cnbc.com time to read: +1 min

The Dutch government said Friday that it may be forced to stop using Facebook after a warning from the Netherlands' privacy regulator about the Meta -owned social media platform's privacy risks. The Dutch Data Protection Authority (DPA) issued a statement advising the Dutch Interior Ministry not to rely on Facebook pages to communicate with citizens if it doesn't have a clear idea of how Facebook uses the personal data of people who visit government pages. The Interior Ministry had previously asked the DPA to advise on whether the government could use Facebook pages in a compliant way. The government wants clarity from Meta "as soon as possible, at the latest before the summer recess, on how they are addressing our concerns," Alexandra van Huffelen, the Dutch Minister for Digitalization, said in a statement. "Otherwise, in line with the advice of the DPA, we will be forced to stop our activities on Facebook pages," she added.

Persons: Alexandra van Huffelen Organizations: Facebook, Meta, Dutch Data Protection Authority, Dutch Interior Ministry, Interior Ministry Locations: Netherlands

☆ 3 reasons companies are investing in AI-powered PCs
▼ + stars: | 2024-04-18 | by ( Sponsor Post | ) www.businessinsider.com time to read: +7 min

Organizations and individuals who delay investing in the latest AI PCs risk falling behind in an increasingly competitive landscape where technological advancements are essential for staying innovative, collaborative, and secure. These AI PCs possess the ability to anticipate and comprehend user requirements, resulting in a highly personalized and responsive interaction. The new Latitude AI PCs can deliver up to 38% less power when running AI-enhanced collaboration features like Zoom.22. Content creators can save time by generating images 1.7 times faster with StabilityAI on their Dell AI PCs or Dell AI workstations with new Intel processors.33. Knowledge workers can optimize their Dell AI PCs by utilizing just 1% of CPU usage, effectively detecting malware with Crowdstrike4.

Persons: cyberattacks, Dell, Read, Forrester Organizations: Forrester, Processing, Dell, Intel, Dell Optimizer, Dell Technologies, Insider Studios, Forrester Consulting, Services Locations: NPU, Argentina, Chile, China, Colombia, Costa Rica, Guatemala, Hong Kong, Korea, Malaysia, Russia, South Africa, Taiwan, Ukraine, Venezuela, Vietnam, Thailand, Philippines

☆ Check out the pitch deck that helped adtech identity company ID5 raise $20 million from investors including TransUnion and Martin Sorrell's S4S
▼ + stars: | 2024-04-09 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +4 min

Adtech company ID5 said Tuesday it had raised $20 million in Series B investment. The ID5 identifier has been deployed by more than 66,000 publishers, per the metadata company Sincera. ID5 has now raised just over $27 million in funding to date, though the company declined to disclose its post-money valuation. New investors in this round included the credit reporting and data agency TransUnion and advertising veteran Martin Sorrell's venture capital firm S4S Ventures. Check out key slides from the pitch deck that helped ID5 raise $20 million in Series B funding.

Persons: ID5, Mathieu Roche, Martin Sorrell's, Sorrell, Matt Spiegel, Spiegel, Matt, Roche Organizations: Business, Data Protection, Publishers, Trade, S4S Ventures, Progress Ventures, Seventure Partners, Capital Partners, Aperiam Ventures

☆ US lawmakers unveil a plan to give all Americans a right to online privacy
▼ + stars: | 2024-04-08 | by ( Brian Fung | ) edition.cnn.com time to read: +5 min

Washington CNN —Two leading US lawmakers have reached a bipartisan deal that could, for the first time, grant all Americans a basic right to digital privacy and create a national law regulating how companies can collect, share and use Americans’ online data. But it could also override some of the toughest state-based privacy laws in the nation, such as in California. And it would guarantee Americans the right to request copies of their data, to correct it or even to have it deleted from a company’s records. The draft legislation breaks a yearslong deadlock between Republicans and Democrats over the scope of any national privacy bill. It would preempt more than a dozen state privacy laws already on the books in states such as California, Texas and Virginia.

Persons: hoover, Washington Sen, Maria Cantwell, Cathy McMorris Rodgers, —, ’, Biden, we’ve, ”, McMorris Rodgers, Cantwell, Joe Biden’s Organizations: Washington CNN, General Data Protection, Republicans, Democratic, Senate, Committee, Washington Rep, Republican, House Energy, Commerce, Democrats Locations: United States, California, China, Russia, California , Texas, Virginia

☆ 3 keys to curbing data security risks when adopting generative AI
▼ + stars: | 2024-04-03 | by ( Sponsor Post | ) www.businessinsider.com time to read: +5 min

Generative AI is poised to boost annual profits by $2.6 to $4.4 trillion, according to consulting firm McKinsey & Company. As is the case with any nascent technology, generative AI services come with their fair share of risks and uncertainties, but running generative AI solutions in your data center may result in more flexibility and control over data. Fast Facts: Generative AI is poised to boost annual profits by $2.6 to $4.4 trillion45% of IT decision-makers cited risks to data and IP as the top reason they are hesitant about embracing generative AI. of IT decision-makers cited risks to data and IP as the top reason they are hesitant about embracing generative AI. Weigh generative AI's many risksControl is critical at a time when concerns about managing generative AI technologies loom large.

Persons: LLMs, Dell Organizations: McKinsey & Company, Dell Technologies, Dell, Insider Studios Locations: GenAI

☆ Wirecard tried to destroy its whistleblower. Now, he's founded a startup to protect others who speak out.
▼ + stars: | 2024-03-29 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +6 min

Read previewBeing a whistleblower was antithetical to everything Pav Gill had done during his nine-year stint as a corporate lawyer. When Wirecard headhunted the Singaporean native to be its head of legal, Gill took up the position enthusiastically. Despite the fruitful outcome, the experience of being a whistleblower traumatized Gill. AdvertisementThis realization was the driving force behind Gill setting up his startup — Confide — a platform for 'internal whistleblowers' to raise issues within their organizations. AdvertisementGill anticipates that this model will work best for companies with over 50 employees, and ideally above 250 employees.

Persons: —, Pav Gill, Gill, foraying, Wirecard, Gill's, don't, " Gill, they're Organizations: Service, Allen, Business, Financial, Directive, EU Locations: Wirecard, Asia, Singapore, ESG

☆ FTC conducting inquiry into Reddit's AI data-licensing practices ahead of IPO
▼ + stars: | 2024-03-15 | by ( Jonathan Vanian | In | ) www.cnbc.com time to read: +4 min

Reddit said Friday that the Federal Trade Commission sent a letter to the company about its data-licensing business related to the training of artificial intelligence systems. "On March 14, 2024, we received a letter from the FTC advising us that the FTC's staff is conducting a non-public inquiry focused on our sale, licensing, or sharing of user-generated content with third parties to train AI models," Reddit said in an updated IPO prospectus. Reddit filed for an IPO in February, and plans to trade on the New York Stock Exchange under the ticker symbol "RDDT." Reddit said "the opportunity does not conflict with our values and the rights of our Redditors," referring to its users and forum moderators. "We do not believe that we have engaged in any unfair or deceptive trade practice," Reddit said.

Persons: Reddit, hasn't Organizations: Federal Trade Commission, New York Stock Exchange, FTC, Google Locations: Klaviyo

☆ Europe is trying to regulate AI. That could backfire.
▼ + stars: | 2024-03-14 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +4 min

One AI expert said it risks creating "AI policy tax havens" as countries try to attract investment. "Europe is NOW a global standard-setter in AI," Thierry Breton, the European internal market commissioner, said on X. Other countries, including China, have already brought in rules around specific uses of AI. AdvertisementThe legislation has been questioned by some commentators, such as AI and deepfakes expert Henry Ajder, who called it "very ambitious." The EU legislation plans to assign the risks of AI applications into three categories, with applications that cause unacceptable risk set to be banned.

Persons: —, Thierry Breton, Henry Ajder, Neil Serebryany, Avani Desai, Schellman, Marcus Evans, Norton Rose Fulbright Organizations: EU, Intelligence, Service Locations: Europe, China, EU, California

☆ Sweeping EU rules for tech giants take effect today. Here’s what’s changing
▼ + stars: | 2024-03-07 | by ( Brian Fung | ) edition.cnn.com time to read: +11 min

The new EU regulations force sweeping changes on some of the world’s most widely used tech products, including Apple’s app store, Google search and messaging platforms, including Meta’s WhatsApp. Its broad obligations affect six of the world’s largest tech companies: Amazon, Apple, Google, Meta, Microsoft and ByteDance, the parent company of TikTok. While the law could increase demand for tech companies to extend EU-specific features to other markets, few platforms have shown signs they plan to do so. Tech pushes backBut some tech companies have pushed back on the DMA, warning that it could lead to unintended consequences. “The changes the DMA requires will inevitably cause a gap” between EU users’ security and the security Apple users enjoy outside the EU, it added.

Persons: Meta’s, Apple, Bing, Elon Musk’s, “ Fortnite, ”, Agustin Reyna, “, Apple’s, ” Apple, Reyna, ” BEUC, Tim Sweeney, Meta —, Daniel Friedlaender, CCIA, Friedlaender, Olesya Dmitracova Organizations: Washington CNN, Apple, Google, Union citizens, Big Tech, Spotify, Netflix, Digital Markets, Meta, Microsoft, European Commission, EU, YouTube, Epic, Consumer, Tech, Games, CNN, Computer, Communications Industry Association Locations: United States, Europe

☆ Things really aren't going to plan for Sam Altman's strange eyeball-scanning orb
▼ + stars: | 2024-03-07 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +1 min

Sam Altman's Worldcoin project has been banned in Spain over privacy concerns. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementSam Altman's futuristic Worldcoin project has just been banned in Spain. On Wednesday, Spanish data protection regulator AEPD cited concerns around Altman's iris-scanning orb and ordered Worldcoin to immediately cease the collection of personal information in the country for at least three months.

Persons: Sam Altman's, —, Sam, Worldcoin Organizations: Service, Business Locations: Spain

☆ Meta accused of ‘massive, illegal’ data collection operation by European consumer rights groups
▼ + stars: | 2024-02-29 | by ( Anna Cooban | ) edition.cnn.com time to read: +3 min

London CNN —European consumer rights groups have accused Meta, the owner of Facebook and Instagram, of carrying out a “massive” and “illegal” operation of collecting data from hundreds of millions of users in the region. The European Consumer Organisation (BEUC), an umbrella body for 45 consumer groups, said eight of the groups were filing complaints with their respective national data protection authorities Thursday. The company’s practices, the groups argue, breach parts of the European Union’s signature data privacy law, the General Data Protection Regulation or GDPR. Several days later, Meta launched a subscription service allowing its European users to pay up to €12.99 ($14) a month to use ad-free versions of Facebook and Instagram. The organization filed a complaint with European consumer protection authorities in November, arguing that this “pay-or-consent” approach was an example of an unfair and “aggressive” commercial practice prohibited under EU law.

Persons: Meta, “, Ursula Pachl, Brian Fung Organizations: London CNN, Facebook, European Consumer Organisation, General Data, CNN, Meta Locations: Europe, United States

☆ Still a question over how AI will be integrated into Alphabet's products, says former Google VP
▼ + stars: | 2024-02-27 | 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 EmailStill a question over how AI will be integrated into Alphabet's products, says former Google VPRob Leathern, former Google VP of product for privacy and data protection, joins 'Squawk on the Street' to discuss the overall concerns with the development of artificial intelligence, the growing amount of people who are unsure if Alphabet can 'disrupt itself', and more.

Persons: Rob Leathern Organizations: Google

☆ A college is removing its vending machines after a student discovered they were using facial recognition technology
▼ + stars: | 2024-02-25 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +4 min

A university in Canada is expected to remove a series of vending machines from campus after a student discovered a sign they used facial recognition technology. The smart vending machines at the University of Waterloo first gained attention this month when Reddit user SquidKid47 shared a photo. Stanley investigated the smart vending machines, discovering that they're provided by Adaria Vending Services and manufactured by Invenda Group. Canadian publication CTV News reported that Mars, owner of M&M's, owns the vending machines. AdvertisementIn response to the student publication's report, the director of technology services for Adaria Vending Services told MathNEWS that "an individual person cannot be identified using the technology in the machines."

Persons: SquidKid47, Stanley, MathNEWS, Adaria, MathNews, we've, Rebecca Elming, TikTok Organizations: University of Waterloo, Business, University, Waterloo, Ars Technica, Adaria Vending Services, Invenda Group, CTV News, Data, Invenda, Guardian, DePaul University Locations: Canada, China

☆ Outside the US, teens’ social media experiences are more tightly controlled
▼ + stars: | 2024-02-13 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +4 min

Here’s a closer look at how child safety is regulated on social media platforms in other parts of the world. “It will take a couple of years until the first round of the audits of social media companies mandated in the DSA are published,” he said. Can social media companies be sued in the EU? At the same time, however, China’s government also largely blocks access to social media platforms as part of its efforts to monitor and censor the internet. And in Brazil, a data protection law includes special protections for children’s data, including consent to share personal data.

Persons: Here’s, Apple –, what’s, haven’t, Fernando Hortal Foronda, ”, “, Asha Allen, Brian Fung, Clare Duffy Organizations: CNN, European, Meta, Apple, Digital Services, Companies, Big Tech, EU, European Consumer Organisation, DSA, ” Tech, European Commission, EU’s Digital Service, Centre of Democracy and Technology, Justice, European Union, Minor Protection Locations: EU, Centre of Democracy and Technology Europe, China, India, Brazil

☆ EU tells Hungary its 'sovereignty' law violates EU law
▼ + stars: | 2024-02-07 | by ( ) www.cnbc.com time to read: +1 min

Hungary's new law on "protecting national sovereignty", which the ruling Fidesz party said was necessary to protect against foreign political interference, violates European Union law, the European Commission said on Wednesday. The Hungarian legislation violates EU laws on democracy and the equal rights of EU citizens, the data protection law and several rules applicable to the internal market, the Commission said. The legislation came as nationalist Prime Minister Viktor Orban, who has clashed repeatedly with the European Union over democratic rights in Hungary, stepped up his party's campaign ahead of European Parliament elections next June. Under the law, a separate authority to explore and monitor risks of political interference will be set up. If it does not address the grievances stated in the letter, the Commission may decide to send a reasoned opinion - a formal request to comply with EU law - as a next step in the procedure.

Persons: Viktor Orban Organizations: Union, European Commission, European Union Locations: Hungary, Hungarian

☆ Shadow AI in the 'dark corners' of work is becoming a big problem for companies
▼ + stars: | 2024-02-07 | by ( Rachel Curry | ) www.cnbc.com time to read: +5 min

Known as shadow AI, this is the AI usage within a company that occurs "in dark corners," said Jay Upchurch, CIO of data analytics platform SAS. Shadow IT is nothing new, and shadow AI is the latest iteration of the phenomenon. The problem is that shadow AI is more complex, and more dangerous, than shadow IT was in the past. Remote users and cloud-based concernsEducation on the risks of shadow AI and the best ways to procure approval help, but they only go so far. Ultimately, Upchurch emphasizes that while shadow AI is very real, so is AI itself.

Persons: Jay Upchurch, Tim Morris, Tanium, Ameer Karim, Morris, Mike Scott, CISO, Scott, Karim, Upchurch, it's Organizations: SAS, Companies, Samsung, Microsoft

☆ China vows to help its EV champions succeed overseas despite threats of sanctions
▼ + stars: | 2024-02-07 | by ( Laura He | ) edition.cnn.com time to read: +3 min

On Wednesday, China’s Commerce Ministry posted a document signed late last year by nine government agencies, including the Foreign Ministry and the central bank, vowing to support Chinese EV makers with their globalization push. It also encouraged Chinese EV companies to cooperate with foreign manufacturers in technology and build supply chains that can benefit everyone. Chinese EV makers are taking the world by storm, even if they are largely locked out of key markets like the United States. Chinese EV makers are seeking alternative growth engines overseas because the picture is gloomy at home. The flood of cheaper Chinese vehicles has triggered trade tensions with some countries.

Persons: “, Biden Organizations: Hong Kong CNN, China’s Commerce, Foreign Ministry, Chinese EV, Getty, EV, China Association of Auto Manufacturers, European Commission, Wall Street Locations: China, Hong Kong, Europe, United States, Chinese, China's Shandong, Australia, Southeast Asia, Japan, Shenzhen, Hungary

☆ Lucas Ocampos: LaLiga to report fan who poked player in the backside to the juvenile prosecutor’s office
▼ + stars: | 2024-02-06 | by ( Matias Grez | ) edition.cnn.com time to read: +3 min

CNN —LaLiga, Spain’s top soccer league, says it is going to report a young Rayo Vallecano fan who poked Sevilla forward Lucas Ocampos in the backside to the juvenile prosecutor’s office. “LALIGA is going to report the facts to the Juvenile Prosecutor’s Office as it involves a minor,” the league said in a statement to CNN. After the match, Ocampos said he hoped the league takes the incident as seriously as it takes incidents of racist abuse. Ocampos said he hopes the league takes the incident as seriously as racism. “Rayo Vallecano has always promoted the maximum respect towards referees, footballers and coaches.

Persons: CNN —, Rayo Vallecano, Lucas Ocampos, Ocampos, Valentín, “, ” Ocampos, DAZN España, Rayo, “ Rayo Vallecano, ” Sevilla, ” Rayo, Martin Presa Organizations: CNN, Sevilla, Rayo, Argentine, Isi, “, Police, Madrid, Rayo Vallecano, Sevilla FC, Spanish Locations: Europe

☆ Here are Jim Cramer’s rapid-fire takes on 5 stocks in the news Tuesday
▼ + stars: | 2024-02-06 | by ( Matthew J. Belvedere | ) www.cnbc.com time to read: +1 min

Broadcom – JPMorgan reinstated coverage on Broadcom , also a Club stock, following a period of restrictions. Jim said of Broadcom: "Those who don't own this stock, I'd still buy it." "Gross margins are really good. "They are really cyber terror. They are actually terror," Jim said, meaning Palantir focuses its big data protection against cyber terrorists.

Persons: Rich Galanti, Gary, Millerchip, Rich, Jim Cramer, Cramer, Jim, Palantir, DocuSign Organizations: Costco, Kroger, CNBC, Club, Broadcom, JPMorgan, Computer, Spotify, Palo

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