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☆ Dan Niles reveals why he prefers the 'Fantastic Four' and when the 'AI bubble' might pop
▼ + stars: | 2024-03-04 | by ( Ganesh Rao | ) www.cnbc.com time to read: +3 min

Hedge fund manager Dan Niles has named Nvidia , Meta , Microsoft and Amazon as his favorite stock picks thanks to their ability to boost earnings in 2024. "If you look at the last three years … the move in technology stocks had nothing to do with earnings," Niles told CNBC's Street Signs Asia last week. Specifically, he called out estimate increases at Nvidia, Meta, Microsoft, and Amazon thanks to their booming AI businesses. "Those names are being driven by earnings," Niles asserted. When will the AI bubble pop?

Persons: Dan Niles, Niles, Nvidia's, ChatGPT, it's Organizations: Nvidia, Meta, Microsoft, Big Tech, Federal Reserve, Apple, Google, Amazon, Netscape, Nasdaq

☆ Silicon Valley moguls are weighing in on Elon Musk's battle with OpenAI and it's getting cattier than a 'Real Housewives' reunion
▼ + stars: | 2024-03-04 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

Read previewElon Musk and his fellow billionaire tech bros are brawling over their differing views on OpenAI, and the back-and-forth is getting ugly. On Thursday, Elon Musk sued OpenAI and its CEO, Sam Altman. "Vinod doesn't know what he is talking about here," Musk wrote in a reply on X. "Vinod is lobbying to ban open source," Andreessen wrote on X.AdvertisementVinod is lobbying to ban open source. Representatives for Musk, Khosla, and Andreessen did not immediately respond to a request for comment from Business Insider sent outside regular business hours.

Persons: —, Elon Musk, OpenAI, Sam Altman, Altman, Musk, OpenAI didn't, Vinod Khosla, Khosla, Elon, Vinod doesn't, @OpenAI, Marc Andreessen, Vinod, Andreessen, D9ihtHEOiB, Marc Andreessen 🇺🇸 ( Organizations: Service, Microsoft, Business, xAI, Venture, Netscape Locations: OpenAI

☆ The stock market debate is trapped in the '90s with both bulls and bears drawing comparisons
▼ + stars: | 2024-02-10 | by ( Michael Santoli | ) www.cnbc.com time to read: +10 min

Value-investing asset manager GMO last week published a study showing that the top ten S & P 500 stocks by size have handily beaten an equal-weighted pool of the other 490 for several years now. Neither is Microsoft, a useful indicator give that it was the largest stock by market cap both in December 1999 and today. Indeed, today the stock market has done well even as expectations for the speed and depth of rate cuts this year have diminished. (Industrials are leading, the equal-weight S & P is up 19% from October and there were 204 new 52-week highs on the NYSE Friday over 24 new lows.) The S & P 500 uptrend has for weeks targeted the 5050 area, as an immediate culmination point, and it's just about there.

Persons: Morgan, Marko Kolanovic, —, Janus, Stocks, it's, Alan Greenspan, Greenspan, Jerome Powell, Ned Davis, Ed Clissold, Jurrien, Goldman Sachs Organizations: Nvidia, Cisco, Nasdaq, Cisco Systems, Microsoft, Fed, Netscape, Boston, NYSE Locations: Russia, It's, Orange County, Calif

☆ Zero knowledge proofs could 'fix the Internet' and make us all trust each other again, former Merck CIO says
▼ + stars: | 2024-01-10 | by ( Julie Bort | ) www.businessinsider.com time to read: +5 min

Read preview"I think we're at the cusp of changing the world," investor Clark Golestani said of a technology called Zero Knowledge Proofs. Golestani spent 24 years as a chief information officer at pharma giant Merck, before becoming a venture investor five years ago. He's an investor and board member of a startup named Toposware that hopes to embed ZKP security into its customers' everyday internet usage. It's a tech that Andreessen Horowitz crypto investor Michael Blau recently compared to a magician's trick. Toposware is developing a cloud service, a so-called "settlement layer" where companies can add its ZKP service to their networks.

Persons: —, Clark Golestani, Golestani, Theo Gauthier —, Taher Elgamal, Andreessen Horowitz, Michael Blau, Blau, Toposware, Gauthier Organizations: Service, pharma, Merck, Netscape Communications, Business, Stanford, CEA, French Atomic Energy Commission Locations: Toposware, Europe, United States

☆ Opinion | A Tech Billionaire’s Case for Why Tech Billionaires Should Rule the World
▼ + stars: | 2023-10-28 | by ( Elizabeth Spiers | ) www.nytimes.com time to read: +2 min

It takes a certain kind of person to write grandiose manifestoes for public consumption, unafflicted by self-doubt or denuded of self-interest. In this vision, wealthy technologists are not just leaders of their business but keepers of the social order, unencumbered by what Mr. Andreessen labels “enemies”: social responsibility, trust and safety, tech ethics, to name a few. But the real problem with Mr. Andreessen’s manifesto may be not that it’s too outlandish, but that it’s too on-the-nose. In the case of ordinary individuals, however, debt is regarded as not just a financial failure but a moral one. (If you are successful and have paid your student loans off, taking them out in the first place was a good decision.

Persons: Marc Andreessen, Andreessen Horowitz, ” Organizations: Netscape

☆ A quick explainer on Silicon Valley's newest, controversial philosophy
▼ + stars: | 2023-10-25 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +5 min

It's an old Silicon Valley philosophy packaged anew: Growth without guardrails. Silicon Valley enters the age of e/accAndreessen and other prominent Silicon Valley figures such as Y Combinator president Garry Tan have quietly added the term e/acc to their social media profiles. In his manifesto, Andreessen calls it "techno-optimism." To some extent, it's a repackaging of what Silicon Valley has always peddled — let us build, grow, and make money without limitations. "Techno-optimists believe growth is progress," Andreessen argues, adding that growth is driven by the progress of technology without hindrance.

Persons: Marc Andreessen, —, Andreessen, Andreessen Horowitz, Andy Warhol, Milton Friedman, Prometheus, Y, Garry Tan, pesky ethicists, Carl, Benedikt Frey, Frey Organizations: Service, Silicon, acc Andreessen, acc, Netscape, Oxford Internet Institute Locations: Silicon Valley, digressions, OpenAI

casey newton[CHUCKLES]:: And it would be so funny if the AI actually already was deceptive and was just like, oh, yeah, Kevin, you’ve already figured us out. But I also think it’s part of this sort of undercurrent of the conversation, especially around AI right now. Marc Andreessen — he is clearly so angry at all of the people who criticize technology, technology companies, tech investors. And he is just really, really going after that crowd with this piece. brent sealesYou know I don’t really know.

Persons: kevin roose Casey, casey newton What’s, kevin roose, casey newton, hasn’t, kevin roose I’m, I’m, KEVIN, casey newton Yes, Kevin Roose, ” casey newton, Casey Newton, Marc Andreessen, Casey, we’ve, kevin roose Totally, Claude chatbot, Claude, Anthropic’s, chatbot, Anthropic hadn’t, Anthropic, Kevin, — they’re, roose, Meta, it’s, I’ve, Bard, casey newton It’s, there’s, you’ve, casey newton Yeah, didn’t, Kevin — I’m, it’ll, Kevin —, Andreessen Horowitz, Uncle Marc, ”, “ you’re, Tucker Carlson, Jesus Christ, casey newton Well, kevin roose Oh, he’s, McCarthy, —, Nick Land, casey newton Totally, You’re, Daron Acemoglu, Simon Johnson, It’s, Marc Andreessen —, they’re, Nietzschean supermen, Nietzschean, Marc, casey newton Heck, Andreessen, Marc Andreessen decries, Marc Andreessen’s, CASEY, kevin roose That’s, you’re, Nat Friedman, who’s, Daniel Gross, John, Patrick Collison, Toby Lutke, Shopify, Aaron Levie, Brent Seales, — casey newton, There’s, Luke Farritor, ” brent seales, brent seales, that’s, Seales, haters, brent seales That’s, you’ll, casey newton Yep, brent seales —, brent seales We’d, brent seales They’re, They’re, Luke, Brent, brent seales Pliny, Elder, Jesus, brent seales What’s, casey newton Right, we’re Organizations: YouTube, The New York Times, Facebook, Google, Intelligence, America, AIs, Stanford, Communist, Netscape, Fox News, Communist Party, Technology, Venture, Twitter, acc, kevin roose Venture, Companies, Meta, University of Kentucky, British Locations: ”, Anthropic, China, Florida, California, United States, Europe, Romanian, interpretability, Valley, America, Silicon, Silicon Valley, Vesuvius, Rome, Greece, Herculaneum, Venice, Roman

☆ The Rise and Fall of SBF
▼ + stars: | 2023-10-02 | by ( Andy Kessler | ) www.wsj.com time to read: 1 min

Journal Editorial Report: The week's best and worst from Kim Strassel, Bill McGurn and Dan Henninger. Images: AP/AFP/Getty Images Composite: Mark KellyI first got to know author Michael Lewis, then of “Liar’s Poker” fame, when in the mid-1990s I took him around Silicon Valley in an old beat-up convertible. I told stories and showed him where the first integrated circuit and microprocessor were invented, plus Xerox Parc and its beanbag chairs, Hewlett Packard and Intel. As we drove around, I shared my history with entrepreneur Jim Clark, his time at Silicon Graphics and early days with Netscape, and of the venture capitalist Glenn Mueller, who committed suicide after being denied access to invest.

Persons: Kim Strassel, Bill McGurn, Dan Henninger, Mark Kelly, Michael Lewis, “, Hewlett, Jim Clark, Glenn Mueller Organizations: Getty, Xerox Parc, Hewlett Packard, Intel, Silicon Graphics, Netscape Locations: Silicon

The Google sign is reflected in a rain puddle outside their offices in Cambridge, Massachusetts, U.S., June 27, 2017. Acquire Licensing RightsWASHINGTON, Sept 13 (Reuters Breakingviews) - Want to know how to remove Google as the iPhone’s default search tool? According to him, the search engine operated by Alphabet (GOOGL.O) enlists Apple (AAPL.O) to answer the query by directing users to its website. Using Google as the default search engine wasn’t Apple’s “choice,” Dintzer said. Follow @BenWinck on XFollow @thereallsl on XCONTEXT NEWSThe U.S. Department of Justice’s antitrust case against Alphabet’s Google started on Sept. 12.

Persons: John Schmidtlein, Kenneth Dintzer, Google, ” Schmidtlein, Schmidtlein, ” Dintzer, It’s, Tim Cook, Alphabet’s Google, Ben Winck, Lauren Silva Laughlin, Jeffrey Goldfarb, Sharon Lam Organizations: Google, Rights, Reuters, Apple, U.S . Department of, Yahoo, Verizon Communications, Microsoft, Netscape, U.S, U.S . Department, Alphabet’s, Thomson Locations: Cambridge , Massachusetts, U.S, Safari, Japan, Washington, New York

WASHINGTON (AP) — Google will confront a threat to its dominant search engine beginning Tuesday when federal regulators launch an attempt to dismantle its internet empire in the biggest U.S. antitrust trial in a quarter century. If he decides Google broke the law, another trial will decide what steps should be taken to rein in the Mountain View, California-based company. Political Cartoons View All 1152 ImagesGoogle counters that it faces a wide range of competition despite commanding about 90% of the internet search market. One possibility is that the company could be forced to stop paying Apple and other companies to make Google the default search engine on smartphones and computers. Distracted, the software giant struggled to adapt to the impact of internet search and smartphones.

Persons: Judge Amit Mehta, Sundar Pichai, Larry Page, Eddy, Trump, Microsoft's Bing, Andy Bechtolsheim, Page, Sergey Brin, Justice Department's, litigator Kenneth Dintzer — Organizations: WASHINGTON, Google, Inc, Apple, Justice Department, Firefox, Regulators, Sun Microsystems, Microsoft, Netscape, Justice Locations: , California, Silicon

☆ Landmark Google trial opens with sweeping DOJ accusations of illegal monopolization
▼ + stars: | 2023-09-12 | by ( Brian Fung | ) edition.cnn.com time to read: +8 min

Also being called anticompetitive are Google’s contracts to ensure that Android devices come with Google apps and services — including Google search — preinstalled, the Justice Department claimed. For Google’s opening statement, attorney John Schmidtlein said that Apple’s decision to make Google the default search engine in its Safari browser demonstrates how Google’s search engine is the superior product consumers prefer. The Google case “could not be more different” from the historic Microsoft litigation at the turn of the millennium, Schmidtlein continued. Google has previously said that consumers choose Google’s search engine because it is the best and that they prefer it, not because of anticompetitive practices. Google’s search business provides more than half of the $283 billion in revenue and $76 billion in net income Google’s parent company, Alphabet, recorded in 2022.

Persons: Sundar Pichai, Google’s, Kenneth Dintzer, ” Dintzer, John Schmidtlein, Apple, ”, Schmidtlein, Bing, General Merrick Garland, Anna Moneymaker, ” Schmidtlein, “, Kent Walker, Ken Buck, Trump, Global Affairs Kent Walker, Biden, Amit Mehta, Mehta Organizations: CNN, Google, Justice Department, Microsoft, Apple, Samsung, DOJ, Netscape, Gmail, U.S, The Justice Department, Global Affairs, Court, District of Columbia, Eastern, of Locations: United States, Washington, Apple . WASHINGTON, DC, Washington ,, California , New York , Colorado, Virginia, Colorado, of Virginia

Google has grabbed a 90% market share in search in the U.S. in recent years, according to government estimates. Rather, the makers of phones and web browsers set Google search as their default because they wanted to deliver the "highest quality" experience for their customers, Google claimed in its January filing. The Justice Department has the burden to show that Google's business deals harmed competition for search. The trial court in that case found Microsoft unlawfully tried to block rival browser Netscape Navigator. The Google trial at the U.S. District Court for the District of Columbia is expected to last about 10 weeks.

Persons: Alphabet's, Rather, Judge Amit Mehta, Barack Obama, Mehta, Peter Navarro, Donald Trump, Stewart Rhodes, Mike Scarcella, Amy Stevens, Diane Craft Organizations: Microsoft, U.S . Justice Department, Apple, Google, Mozilla, The, Department, GOOGLE, Justice, DOJ, Netscape, U.S, District of Columbia, WHO, U.S . Foods, U.S . Capitol, Thomson Locations: Washington, U.S

☆ Billionaire investor Marc Andreessen says the best startup founders have these 3 traits
▼ + stars: | 2023-06-29 | by ( Aaron Mcdade | ) www.businessinsider.com time to read: +3 min

The pair discussed a wide range of topics including the rise of AI and the history of Silicon Valley. Andreessen gave a set of traits that he thinks the best founders in Silicon Valley share. Billionaire tech investor Marc Andreessen says the best startup founders in Silicon Valley share a few important traits. Overall, he said he believes the best founders are "some combination" of super-smart, super-energetic, and super-courageous. The best founders are capable of dealing with lots of rejection, he said.

Persons: Marc Andreessen, Lex Fridman, Andreessen, Fridman, Andreessen Horowitz Organizations: Billionaire, Netscape Locations: Silicon Valley, Silicon

☆ Norwest Venture Partners just hired ex-Salesforce sales guru David Rudnitsky. Here's why VC firms are now expanding their platform teams.
▼ + stars: | 2023-06-28 | by ( Madeline Renbarger | ) www.businessinsider.com time to read: +4 min

Norwest has hired ex-Salesforce sales guru David Rudnitsky to be its third operating executive. The hire is part of the firm's recent expansion of its portfolio services team for its founders. Here's why more VC firms may be doubling down on these roles during the market downturn. "We try to be an invited guest in the companies," he said of his work with his first four Norwest portfolio companies. For Norwest, its portfolio services team was launched 13 years ago by partner Katie Belding, who has been at the firm for over two decades.

Persons: Norwest, David Rudnitsky, Rudnitsky, he's, Marc Benioff, I've, It's, Andreessen Horowitz, Kleiner Perkins, Katie Belding, Belding, Lisa Ames, Renée Cohen Organizations: Norwest Venture Partners, Oracle, Netscape, Salesforce

In a letter to the Federal Trade Commission on Wednesday, Google alleged Microsoft uses unfair licensing terms to "lock in clients" to exert control over the cloud-computing market. The letter was sent in response to a broad FTC request for comment on potential anti-competitive acts in the cloud industry. Google described Microsoft's licensing restrictions as a "complex web" that prevents businesses from diversifying their enterprise software vendors. Microsoft and Google both have active cybersecurity practices that respond to and research cyber threats. In its FTC letter, Microsoft also alleged Oracle's practices are harmful to customers.

Persons: Trump, Ken Paxton Organizations: Google, Microsoft, Federal Trade Commission, U.S . Department of Justice, Texas, Oracle, Netscape Locations: Europe, U.S

☆ A.I. Is Having a ‘Netscape Moment’
▼ + stars: | 2023-05-19 | by ( Pui-Wing Tam | ) www.nytimes.com time to read: 1 min

There are parallels between today’s fervor for A.I.-powered chatbots like ChatGPT and Bard and the excitement over the Netscape browser from the 1990s. Both allowed people to recognize the possibilities around an existing technology, leading to new innovation. The Netscape browser was one of the first tools that helped people easily surf the World Wide Web. While the internet had been around since the 1960s, in its early days it was used mostly by academics, and it was difficult for anyone else to gain access to it.

☆ The World Wide Web Turns 30: A History of the Internet Technology
▼ + stars: | 2023-04-30 | by ( Matthew Riva | ) www.wsj.com time to read: 1 min

The Mosaic browserThe most popular early browser was released eight days before CERN unleashed the web's source code. The move enabled people for the first time to see text and photos side-by-side, and encouraged growth of the fledgling web. One of Mosaic’s developers was Marc Andreessen, who went on to co-found Netscape and Silicon Valley venture capital firm Andreessen Horowitz. National Center for Supercomputing Applications/University of Illinois Board of Trustees

☆ ChatGPT is the Myspace of AI: It's fun, but it's far from taking your white-collar job
▼ + stars: | 2023-03-18 | by ( Madison Hoff | ) www.businessinsider.com time to read: +8 min

Despite excitement around ChatGPT and GPT-4, there are concerns about AI tools taking jobs. "Artificial intelligence may have a role in displacing, or at least reducing, the need for less skilled workers," Lee said. Hope Bradford, senior director of digital transformation at Kelly, a staffing and workforce company, told Insider that AI tools help HR professionals screen candidates. Are white-collar workers' jobs at risk of being cut because of AI tools? While people have found success and the pros of AI tools, there's still uncertainty about their future and fears still loom.

☆ The Microsoft-Activision deal gives Lina Khan a $69 billion problem in 2023. Defeating it will set the tone on Big Tech deals for years to come.
▼ + stars: | 2023-01-05 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +6 min

The FTC has a $69 billion headache to deal with in 2023 in the form of Microsoft's Activision buyout. Chair Lina Khan wants to rein in Big Tech but will be tested by one a Silicon Valley veteran. The outcome of the deal will have ramifications beyond Microsoft: the rest of Silicon Valley lies in wait before making their next big moves, as any decision will set the tone for Big Tech deals in years to come. That said, Microsoft's acquisition of Activision will prove even tougher to tackle than anything Amazon has thrown up for the FTC chief to date. Failure will likely embolden Big Tech to test the waters further.

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☆ Marc Andreessen on the best investment advice he's ever received and 4 other money insights
▼ + stars: | 2022-10-16 | by ( David Rubenstein | ) www.businessinsider.com time to read: +4 min

Marc Andreessen: From Warren Buffett, probably: Put all your eggs in one basket and watch that basket. Marc Andreessen: People read about something in the paper, see it on TV, and take a flyer without deeply understanding it. Marc Andreessen: For most forms of investing, the mistakes are the investments you make where you lose money. David Rubenstein: If somebody wants to be a venture capital investor, what would you like them to know most about the art of` venture capital investing? Marc Andreessen: It's an alchemy of understanding people, understanding technology, understanding markets.

☆ Microsoft a anunțat sfârșitul Internet Explorer
▼ + stars: | 2021-05-22 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: +3 min

Microsoft a anunțat săptămâna aceasta că va încheia suportul oferit pentru Internet Explorer pe 15 iunie 2022, după ani de zile în care a ezitat să anunțe sfârșitul browserului, deși a fost vizibil ignorat de companie. Cândva cel mai folosit browser web la nivel mondial, Internet Explorer a intrat pe o pantă descendentă în ultimii 20 de ani. Internet Explorer a fost lansat în 1995, browserul fiind livrat alături de Windows 95, și a fost un mare succes, depășind rapid Netscape Navigator. Între timp, utilizatorii de internet au migrat către browsere mai moderne, iar Internet Explorer a devenit cunoscut pentru viteza scăzută, problemele de securitate și tehnologia sa învechită. Microsoft a mai avut o tentativă de a relansa Internet Explorer, cu varianta din 2011.

Organizations: Microsoft, CNN, Internet, Windows, Netscape, Compania Locations: internauți

☆ Microsoft a anunțat că va renunța la Internet Explorer la 27 de ani după lansare
▼ + stars: | 2021-05-21 | by ( Onixmedia Srl | ) diez.md time to read: +1 min

Microsoft a anunțat că va renunța la Internet Explorer la 27 de ani după lansareMicrosoft a anunțat că va renunța la Internet Explorer la 27 de ani după lansarea faimosului browser. „Aplicația de desktop Internet Explorer 11 va fi retrasă și nu va mai primi asistență tehnică pentru anumite versiuni ale Windows 10 de la 15 iunie 2022”, a anunțat compania fondată de Bill Gates. Microsoft Edge are o cotă de doar 3 % din piață în timp ce Internet Explorer deține o fracțiune minusculă a unei piețe pe care odată a dominat-o. Internet Explorer a fost lansat în 1995 fiind integrat în Windows 95 și a devenit un succes instant. În perioada de glorie a IE browserul Microsoft era folosit de către 95 % din utilizatori.

Persons: Bill Gates Organizations: Microsoft, Internet, Windows, Netscape

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