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"How does leadership plan to address these concerns and regain the trust, morale and cohesion that have been foundational to our company's success?" "Despite the company's stellar performance and record earnings, many Googlers have not received meaningful compensation increases" a top-rated employee question read. Google's use of cashThere were a lot of employee questions ahead of last week's meeting directed at the company's buyback, Porat said. With respect to the decline in morale brought up by employees, Pichai said "leadership has a lot of responsibility here, adding that "it's an iterative process." CNBC reported last week that Google is laying off at least 200 employees from its "Core" organization, which includes key teams and engineering talent.
Persons: Sundar Pichai, Loren Elliott, Ruth Porat, We've, Alphabet's, Hollie Adams, Porat, Prabhakar Raghavan, dory, Pichai, Ted, Larry Page, Jim Cramer Organizations: Inc, Government, Society, Bloomberg, Getty, Google, Economic, Finance, CNBC Locations: Stanford , California, Davos, Switzerland, U.S
Read previewA more intense cold war between the US and China would have a potentially dire impact on the global economy, according to an official from the International Monetary Fund. Speaking at Stanford University on Tuesday, IMF deputy managing director Gita Gopinath said that while US-China tensions haven't yet devolved into a full-blown cold war, such an escalation would be a major headwind to global growth. Advertisement"The emergence of these 'connector' countries—perhaps most notably Mexico and Vietnam—may have helped cushion the global economic impact of direct trade decoupling between the U.S. and China," Gopinath said. Zooming out, Gopinath highlighted that geopolitical instability in regions like the Middle East and turmoil stemming from the Russia-Ukraine war has sparked trade turbulence unseen since the Cold War. The IMF emphasized that trade fragmentation carries a higher price tag today, with the goods trade-to-GDP ratio now at 45% compared to 16% at the onset of the Cold War.
Persons: , Gita Gopinath, Gopinath Organizations: Service, International Monetary Fund, Stanford University, Tuesday, Business, IMF, U.S Locations: China, Mexico, Vietnam, Russia, Ukraine
Read previewA luxury gym chain is launching a program costing $40,000 a year that it says will help clients to boost their longevity. But experts told Business Insider you don't need to spend thousands of dollars to enjoy a long, healthy life. The program, which will later be available in other states, aims to help customers "live 100 healthy years," Jonathan Swerdlin, co-founder of Function Health, told CNBC. Research suggests that weight, or strength, training is beneficial for longevity because it builds muscle mass, which helps maintain strength and mobility into older age. One 2022 study found that those who did 30 minutes of strength training a week were 10% to 20% less likely to die from chronic illnesses, such as heart disease, diabetes, and cancer.
Persons: , Jonathan Swerdlin, Maveron, Dan Belsky, Robert N Butler, Michael Snyder, Snyder, Belsky, Virend Somers Organizations: Service, Function, CNBC, Business, Consulting, of Labor, Robert N Butler Columbia Aging Center, Center for Genomics, Medicine, Stanford University, Research, Mayo Clinic Locations: New York City, Highland Park , Texas
Carlos Barria | Afp | Getty ImagesDifferences between U.S.-led Western and China-aligned economic blocs threaten global trade cooperation and economic growth, a top official with the International Monetary Fund warned on Tuesday. IMF Deputy Managing Director Gita Gopinath said in a speech at Stanford University that events such as the global pandemic and Russia's invasion of Ukraine have disrupted global trade relations in ways not seen since the Cold War. "Increasingly, countries around the world are guided by economic security and national security concerns in determining who they trade with and invest in," she said, adding that this has resulted in countries increasingly picking sides between China and the U.S. Trade between the China and U.S. blocs has declined compared with trade among countries within the groupings, Gopinath said. The U.S. bloc mainly includes Europe, Canada, Australia and New Zealand, while China-leaning countries include Russia, Eritrea, Mali, Nicaragua and Syria.
Persons: Xi Jinping, Carlos Barria, Gita Gopinath, Gopinath Organizations: National Committee, China Relations, China Business Council, Economic Cooperation, APEC, Afp, International Monetary Fund, Stanford University, U.S, IMF, Trade, West Locations: Asia, San Francisco , California, China, Ukraine, Washington, Beijing, U.S, South, Taiwan, Europe, Canada, Australia, New Zealand, Russia, Eritrea, Mali, Nicaragua, Syria
TikTok sues to block prospective US app ban
  + stars: | 2024-05-07 | by ( Brian Fung | ) edition.cnn.com   time to read: +9 min
If it loses, TikTok could be banned from US app stores unless its Chinese parent company, ByteDance, sells the app to a non-Chinese entity by mid-January 2025. But Virginia Democratic Sen. Mark Warner, an advocate for the TikTok legislation, said in remarks on the Senate floor in April that the briefings provided critical insight into the risk TikTok poses. US policymakers have described the law at issue as a forced divestiture of TikTok, not an outright app ban. Some US officials have been trying to ban TikTok from the United States since 2020, when former President Donald Trump moved to block the app by executive order. (Trump has since reversed his position, saying a TikTok ban would only help Meta, a company Trump blames for his 2020 election defeat.)
Persons: Washington CNN — TikTok, Joe Biden, TikTok, Bytedance, , didn’t, Virginia Democratic Sen, Mark Warner, Warner, they’ve, They’ve, , Tuesday’s, ByteDance, TikTok’s, Berman, Evelyn Douek, Biden, Gautam Hans, Hans said, Jennifer Huddleston, Donald Trump, Trump, Douek, ” Douek Organizations: Washington CNN, Appeals, District of Columbia Circuit, Justice Department, Oracle, Foreign Investment, Republican, Democrat, Virginia Democratic, Senate, Stanford University, Cornell University . Still, Apple, Google, Cato Institute, European Commission, Trump Locations: China, United States, TikTok, Israel, Ukraine, Montana, Canada, United Kingdom, India
Opinion | A Thank-You Note to the Campus Protesters
  + stars: | 2024-05-07 | by ( Bret Stephens | ) www.nytimes.com   time to read: +1 min
Dear anti-Israel campus protesters:Though it may take a few years before you realize it, supporters of Israel like me have reasons to give thanks to militant anti-Zionists like you. Recently, a friend asked what I would have made of your protests if they had been less fervently one-sided. If, for instance, pro-Palestinian student groups at Harvard and Columbia hadn’t castigated Israel immediately following the worst massacre of Jews since the Holocaust. What if you had avoided demonizing anyone who supports Israel’s right to exist — which includes a vast majority of Jews — as modern-day Nazis? And I would have had to fight harder to make my case that Israel must get rid of Hamas.
Persons: Columbia hadn’t, Israel, hadn’t, demonizing, undecideds Organizations: Harvard, Columbia, West Bank Locations: Israel, Harvard, Columbia, Berkeley, Stanford, Gaza
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. But amid the chaos, there was one solid thing in Partovi's life, one thing he knew he could always put in order: computer code. Related storiesNow, Partovi has reached the top echelon of seed investors, ranking 13th on Business Insider's Seed 100 list. 'Neo Scholars'Through his seed-stage fund Neo, Partovi has amassed a formidable portfolio of early-stage investments, including Ramp, Deel, Vanta, MosaicML, and many more. As these "Neo Scholars," as they're known, graduate or drop out to build startups, Neo backs them with money from its investment fund.
Persons: , Ali Partovi, Saddam Hussein, Partovi's, Hadi, Partovi, Facebook, Uber, There's Erik Goldman, Dropbox, Vanta, There's Ari Steinberg, who's Organizations: Service, Business, Boston University, Sharif University of Technology, Harvard, Microsoft, University, CS, Stanford, Facebook, Airbnb Locations: Tehran, Iran, Iraq, North America, Silicon
Why does the US not have federal AI regulation? Biden signed the executive order on "Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence" near the end of 2023. Another challenge comes from AI experts and researchers choosing private sector jobs instead of ones in the government, a kind of "brain drain," Zhang said. "Less than 40% go to government looking to create all those AI regulations and governance structures." AdvertisementThe vast majority of AI experts end up working in the private sector rather than for universities or federal governments.
Persons: , hasn't, Joe Biden, Trump, Kevin McCarthy, Biden, I'm, Jason Green, Lowe, It's, Sen, Martin Heinrich, Sam Altman, Bill O'Leary, Rebecca Finlay, Finlay, we're, she's, Daniel Zhang, Zhang, Drew Angerer, That's, there's Organizations: Service, White, Business, Bills, Republican, Artificial Intelligence, Federal Government, Science & Technology, Congress, Microsoft, Google, Defense, Center, Senate, Washington, Getty, Stanford Institute for, AI, Stanford's, for, Biden Locations: Silicon Valley, Korean, Washington , DC, Congress, North America
Combination showing Former FTX CEO, Sam Bankman-Fried (L) and Zhao Changpeng (R), founder and chief executive officer of Binance. A month earlier, on the opposite coast in downtown Manhattan, FTX's Sam Bankman-Fried received a 25-year prison sentence for his crimes. At the beginning of his trial, SBF sported a fresh haircut and wore suits, but by its end, his curls were wild again. Cryptocurrency exchange Binance founder and CEO Changpeng Zhao speaks at a Binance fifth anniversary event in Paris, France, July 8, 2022. watch nowMoney makes all the differenceUnlike SBF, CZ didn't have his wealth wiped out by bankruptcy of the crypto company he founded.
Persons: Sam Bankman, Zhao Changpeng, Mike Segar, Benjamin Girette, Changpeng Zhao, FTX's Sam Bankman, Fried, Zhao, Binance's Zhao, FTX's, Toyotas, Braden Perry, Perry, Manfred, SBF, Michael Lewis, Lewis, Sam didn't, Amr Alfiky, Sam, Caroline Ellison, , Zhao's, Yi He, Binance, David Ryder, Yang, Rachel Zhao, Yesha Yadav, Yadav, Mark Bini, Lewis Kaplan, Bankman, Kaplan, perjured, Neama Rahmani, Rahmani, Tre Lovell, Zhao hasn't, Lovell, weren't, FTX Organizations: Reuters, Bloomberg, Getty, Department of Justice, CFTC, Stanford University's, Bankman, CZ, Staff, Reuters Prosecutors, Alameda Research, Vanderbilt University, Wall Street, CNBC, FTX, Emergency Economic, Justice Department, DOJ Locations: Seattle, Manhattan, California, Hong Kong, Bahamas, Palo Alto, U.S, New York City, Alameda, Seattle , Washington, Paris, France, Angeles, Binance, Dubai, Delaware
No matter where you get your college rankings, there's a good chance one or more of the Ivy League universities will be on top of the list. You don't need an Ivy League education to be successful in life, though. Forbes recently compiled a list of colleges that aren't in the Ivy League, or even in the group of schools that have become known as "Ivy-plus," for their comparable exclusivity, rigor and positive student outcomes. Aside from the eight Ivy League schools and four Ivy-plus schools — Massachusetts Institute of Technology, University of Chicago, Stanford University and Duke University — Forbes selected colleges based on exclusivity and a survey of hiring managers it conducted to establish what it is calling "New Ivies." The median earnings are among former attendees of each school, 10 years after starting college, according to the College Scorecard.
Persons: there's, Forbes, Duke University — Organizations: Ivy League, Department, Education's, Harvard, Yale, — Massachusetts Institute of Technology, University of Chicago, Stanford University, Duke University, Duke University — Forbes, University of California, Military, Forbes
Read previewGrowing research on the trillions of microbes that make up what's known as our gut microbiome is changing the way we think about our bodies. The brain, immune system, and gut appear to be interconnected — suggesting taking care of our gut health is key to both physical and mental health. For instance, the gut microbiome helps to "train" our immune system to distinguish friend from foe to prevent chronic inflammation, Lyman told Business Insider. Related storiesLyman shared three things he does to cultivate a healthy gut microbiome for his mind and body with BI. Gut gardeningLyman finds it helpful to think of his gut microbiome as a garden that needs tending to.
Persons: , Monty Lyman, Lyman, we've, Kinga Krzeminska, I've Organizations: Service, University of Oxford, Business, Stanford University
The Nvidia CEO has an engaged leadership style with 60 direct reports, which he says empowers others. AdvertisementRunning a $2 trillion company comes with early morning starts — just ask Jensen Huang. Huang works holidays but finds it relaxingNvidia CEO Jensen Huang. When I'm not working, I'm thinking about working, and when I'm working, I'm working. Got insights into what it's like working for Jensen Huang?
Persons: Jensen, Huang, , Jensen Huang, Mohd Rasfan, Huang doesn't, workshy, Nicolai Tangen, Tangen, Nicolai, Huang's, Patrick Collison, I'm, Michael M, That's Organizations: Nvidia, Service, Financial Times, New York Times DealBook, Microsoft, Apple, Getty, Norges Bank Investment Management, Stripe Sessions, Big Tech, CNN, Forbes, Stanford School of Business, Stanford University Locations: AFP
Just ahead of its blowout first-quarter earnings report on April 25, Google laid off at least 200 employees from its "Core" teams, in a reorganization that will include moving some roles to India and Mexico, CNBC has learned. The Core unit is responsible for building the technical foundation behind the company's flagship products and for protecting users' online safety, according to Google's website. Core teams include key technical units from information technology, its Python developer team, technical infrastructure, security foundation, app platforms, core developers, and various engineering roles. Many Core teams will hire corresponding roles in Mexico and India, according to internal documents viewed by CNBC. Asim Husain, vice president of Google Developer Ecosystem, announced news of the layoffs to his team in an email last week.
Persons: Sundar Pichai, Asim Husain, Husain, Ruth Porat, Prabhakar Raghavan Organizations: Inc, Government, Society, Google, CNBC, Mexico City, U.S Locations: Stanford , California, India, Mexico, Sunnyvale , California, Bangalore, Brazil
AI stocks plunged on Wednesday after AMD reported guidance that put a cloud over future AI chip demand. AdvertisementAI stocks plunged on Wednesday after AMD offered analysts 2024 revenue guidance for its AI chip that was below analyst estimates. AMD raised its 2024 revenue guidance for its MI300 AI chip by $500 million to $4 billion. While supply constraints seem to be a headwind for AMD's AI chip business, so too could be competition. The company's MI300 chip is a direct competitor to Nvidia's immensely popular H100 chip, and AMD claims that its chip outperforms Nvidia's.
Persons: , Lisa Su, Goldman Sachs, Nvidia's, Jensen Huang, Huang Organizations: AMD, Micro Computer, Nvidia, Service, Bloomberg, Nvidia's, Stanford Economic
Selective college admissions have been a vortex of anxiety and stress for what seems like forever, inducing panic in more top high school seniors each year. But the 2023-2024 admissions season was not just an incremental increase in the frantic posturing and high-pressure guesswork that make this annual ritual seem like academic Hunger Games. The so-called Ivy-Plus schools — the eight members of the Ivy League plus M.I.T., Duke, Chicago and Stanford — collectively received about 175,000 applications in 2002. In 2022, the most recent year for which totals are available, they got more than 590,000, with only a few thousand more available spots. A legal challenge swept the rules away, freeing the most powerful schools to do pretty much whatever they wanted.
Persons: , clamoring, Stanford — Organizations: Hunger, Ivy League, Stanford Locations: Duke, Chicago, United States
Steve Bowsher, In-Q-TelSteve Bowsher, president and CEO of In-Q-Tel. He made an early bet on Palantir, blowing the doors open for Silicon Valley techies to go after federal contracts. The son of a federal employee who grew up devouring spy novels, Bowsher has always been interested in the work of the government but actually cut his teeth in Silicon Valley. After graduating from Stanford, he worked for three startups and spent eight years at venture fund InterWest Partners. By combining Silicon Valley's swashbuckling ethos with a government agency's mission-driven mentality, Bowsher has helped shepherd some of the biggest defense tech success stories of the past two decades.
Persons: Steve Bowsher, Bowsher Organizations: Magazine, Stanford, InterWest Partners Locations: Menlo Park , California, Silicon Valley
Biotech company Neoplants just released the first houseplant grown to reduce indoor air pollution. Neo P1 can remove 30 times more VOC's, harmful indoor pollutants, than a typical houseplant. This week, the France-based biotech company Neoplants released the first houseplant bioengineered to remove harmful chemicals from indoor air. AdvertisementUnpacking the Neo P1 systemThe Neo P1 system comes with a marble queen pothos potted in a specially designed "shell," and a six-month supply of power drops. AdvertisementStriving for sustainabilityEvery part of the Neo P1 air purifying system is manufactured in the US.
Persons: , you'd, Glenn Morrison, Patrick Torbey, Lionel Mora weren't, Mora, Torbey, Morrison, Neoplants, Jennifer Brophy, " Mora, it's, we'll Organizations: Biotech, Neoplants, Service, American Lung Association, University of North, Business, Stanford University, MIT Tech Locations: France, University of North Carolina, Torbey, VOCs, Neoplants, Paris
A general view of the atmosphere during The SDI Takeover @ Dave & Buster's in Los Angeles on June 23, 2022Arcade giant Dave & Buster's is taking its games to a new level by offering social wagering on its app. Customers can soon make a friendly $5 wager on a Hot Shots basketball game, a bet on a Skee-Ball competition or on another arcade game. Dave & Buster's, started in 1982, now has more than 222 venues in North America, offering everything from bowling to laser tag, plus virtual reality. The company says it has five million loyalty members and 30 million unique visitors to its locations each year. "We're thrilled to work with Lucra to bring this exciting new gaming platform to our customers,"said Simon Murray, senior vice president of entertainment and attractions at Dave & Buster's.
Persons: Buster's, We're, Lucra, Simon Murray, Dylan Robbins, Michael Madding, Robbins, Madding, Goldman Sachs, Marc Lasry, John Isner, Julie, Zach Ertz Organizations: SDI, Stanford Graduate School, Business, Raptor, SeventySix, Dupr, @ & ' Locations: Los Angeles, North America
As a psychologist who researches emotional intelligence, I know people with high EQ tend to have a critical skill I like to call "emotional sovereignty." When you know how to handle your emotions, you can harness them for creativity, energy, deeper relationships, and greater happiness and fulfillment. Others may be surprised by the fact that you no longer suppress your emotions — they might even be a little uncomfortable with it at first. Others may be surprised by the fact that you no longer suppress your emotions — they might even be a little uncomfortable with it at first. A psychologist and research scientist by training, Seppälä's expertise is the science of happiness, emotional intelligence, and social connection.
Persons: you've, I'm, It's, Emma Seppälä Organizations: Yale School of Management, Stanford University's Center for Compassion, Education, CNBC Locations: Yale
Dr. Matthew JonesMost of Jones' clients work in tech and often deal with fast-paced work environments and uncertainty. AdvertisementJones shared six of the biggest communication mistakes he's seen business leaders and cofounders make — from how they address conflict to ignoring it until it's too late. They only understand business languageJones said there are three types of languages that all business teams speak: operational, psychological, and archetypal. They don't check in enoughJones said that when business leaders don't normalize listening and giving feedback, it can create rifts between them over time. AdvertisementUnfortunately, that represents the smallest percentage of his business clients; the vast majority "are currently experiencing varying degrees of conflict," he said.
Persons: , Matthew Jones, Dr, Jones, cofounders, it's Organizations: Service, Business, Stanford
AI startup Holistic, founded by ex-DeepMind scientists, is raising $200 million in new funding. The Paris-based startup is raising capital from Accel and BPI France, sources say. The startup aims to develop a multi-agent AGI, per a leaked investor deck obtained by BI. AdvertisementA Paris-based AI startup founded by two ex-DeepMind scientists is set to raise around $200 million in new funding. Ex-DeepMind scientist Laurent Sifre is chief LLM officer.
Persons: AGI, , Charles Kantor, Karl Tuyls, Laurent Sifre Organizations: Accel, BPI France, BI, Service, Stanford Business School, Business Locations: Paris
Washington CNN —The US government has asked leading artificial intelligence companies for advice on how to use the technology they are creating to defend airlines, utilities and other critical infrastructure, particularly from AI-powered attacks. The Department of Homeland Security said Friday that the panel it’s creating will include CEOs from some of the world’s largest companies and industries. The list includes Google chief executive Sundar Pichai, Microsoft chief executive Satya Nadella and OpenAI chief executive Sam Altman, but also the head of defense contractors such as Northrop Grumman and air carrier Delta Air Lines. It also includes federal, state and local government officials, as well as leading academics in AI such as Fei-Fei Li, co-director of Stanford University’s Human-centered Artificial Intelligence Institute. The US government already uses machine learning or artificial intelligence for more than 200 distinct purposes, such as monitoring volcano activity, tracking wildfires and identifying wildlife from satellite imagery.
Persons: Sundar Pichai, Satya Nadella, Sam Altman, Northrop Grumman, , Alejandro Mayorkas, Fei Li, Joe Biden Organizations: Washington CNN, Department of Homeland Security, Google, Microsoft, Delta Air Lines, DHS, , Amazon Web Services, IBM, Cisco, , Civil, Stanford, Intelligence, Safety, Security
Before the Supreme Court heard arguments on Thursday on former President Donald J. Trump’s claim that he is immune from prosecution, his stance was widely seen as a brazen and cynical bid to delay his trial. The practical question in the case, it was thought, was not whether the court would rule against him but whether it would act quickly enough to allow the trial to go forward before the 2024 election. Instead, members of the court’s conservative majority treated Mr. Trump’s assertion that he could not face charges that he tried to subvert the 2020 election as a weighty and difficult question. They did so, said Pamela Karlan, a law professor at Stanford, by averting their eyes from Mr. Trump’s conduct. “What struck me most about the case was the relentless efforts by several of the justices on the conservative side not to focus on, consider or even acknowledge the facts of the actual case in front of them,” she said.
Persons: Donald J, Pamela Karlan, Trump’s, , “ I’m, Samuel A, Alito Jr Organizations: Stanford
We meet them in Stanford, where Art is attending, while Patrick has left education to become a professional tennis player. “I think she’s making me an honest man. You don’t believe me?” “No, I’m just — I’m not sure how she’s thinking about all of this. So we cut to a sort of reverse shot, extreme close up, where Patrick hugs, in a sort of ambiguous way. When the sugar goes on the cheek of Patrick, Art takes it off with his hand in a very nice gesture of kindness — and very intimate, I would say.
Persons: I’m Luca Guadagnino, ’ — Patrick Zweig, Josh O’Connor, Art Donaldson, Mike Faist —, Patrick, Tashi Duncan, Tashi, , Josh, Mike Organizations: , , Zendaya Locations: Stanford
Corey Griffin landed a job as a software engineer at Apple after showcasing his side hustles. He worked for Apple Music but left to pursue his business this year. I applied for a job at Apple 4 timesI landed a job as a software engineer at Apple in August 2021. I left my Apple job after 2 yearsI worked on software for the Apple music team, including radio and podcasts. I left Apple in December 2023 to pursue my media business full-time, particularly the Speakflow product.
Persons: Corey Griffin, Griffin, , Vox, I'd Organizations: Apple, Apple Music, Service, Los Angeles . Business, Big Tech, Stanford, Harvard, Rotten Locations: Los Angeles, Culver City , California
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