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Microsoft is rolling out an unorthodox pricing model for its new security chatbot that becomes available to the public on April 1. Microsoft considered input from early customers as well as the costs of tapping OpenAI's LLMs that process users' prompts, Vasu Jakkal, a corporate vice president at Microsoft, told CNBC. Microsoft charges for use of its Azure OpenAI Service based on the number of tokens a client uses. BP is an early customer of the new security service. Copilot for Security can answer questions by drawing on information from Microsoft's own security products and third-party providers.
Persons: Satya Nadella, Nadella, Andrew Conway, Conway, Vasu Jakkal, Chip Calhoun, Copilot, UnitedHealth Organizations: Microsoft, Security, Gaming, Activision Blizzard, Windows, Dynamics, CNBC, OpenAI, BP Locations: Seoul, Charlotte, Russian
"But I think it's not just this week's inflation indicator, it's also the December payroll numbers ... they'll be quite critical." "Our view is that the Fed will probably start cutting rates when inflation goes below the 3% mark. The weaker-than-expected data weighed on Treasury yields, with the yield on benchmark 10-year notes slipping 9.6 basis points on Monday. The dollar index , a measure of the greenback against a basket of currencies, fell to 103.07, its lowest since Aug. 31. Data showed retail sales in Australia unexpectedly slipped in October as consumers cut back on everything but food, though analysts believe many were merely saving some money to splurge on Black Friday sales that took place this month.
Persons: DAX, Vasu Menon, they'll, Menon, Dave Ramsden, Christine Lagarde, Jerome Powell, HSI, Brent, Ankur Banerjee, Sam Holmes, Kim Coghill Organizations: Federal, Investors, OCBC Bank, of England, European Central Bank, Japan's Nikkei, Treasury, New Zealand, Thomson Locations: SINGAPORE, Asia, Pacific, Japan, Singapore, U.S, Hong Kong, Australia
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMicrosoft Security VP Vasu Jakkal talks cybersecurity with Jim CramerVasu Jakkal, Microsoft VP of Security, joins 'Mad Money' host Jim Cramer to talk security threats facing Microsoft in the current AI focused landscape.
Persons: Vasu Jakkal, Jim Cramer Vasu Jakkal, Jim Cramer Organizations: Microsoft
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe are seeing an unprecedented threat landscape, says Microsoft VP of Security Vasu JakkalVasu Jakkal, Microsoft VP of Security, joins 'Mad Money' host Jim Cramer to talk security threats facing Microsoft in the current AI focused landscape.
Persons: Vasu Jakkal Vasu Jakkal, Jim Cramer Organizations: Microsoft
In a Monday interview with CNBC's Jim Cramer, Microsoft security executive Vasu Jakkal said generative artificial intelligence is essential to the company's cybersecurity business. "We have the super power of generative AI, which is helping us defend at machine speed and scale, especially given the cybersecurity talent shortage," she said. She pinpointed two types of cybersecurity threats: espionage related to geopolitics and financial cybercrime. Microsoft can use data to train its AI models to understand these threats, she said. She said Microsoft is partnering with 15,000 companies and organizations, and that 300 security vendors are building on the company's platforms.
Persons: CNBC's Jim Cramer, Vasu Jakkal, Jakkal Organizations: Microsoft
It's life as usual in Jaisalmer Fort, a UNESCO World Heritage Site that thousands of people call home. Jaisalmer Fort, a UNESCO World Heritage Site in Rajasthan, India. But today, the fort attracts other types of outsiders – hundreds of thousands of travelers who come to the location, which was named a UNESCO World Heritage Site in 2013, along with five other forts in Rajasthan. But unlike the others, Jaisalmer Fort boasts a royal palace as well as public temples, shops, hotels, cafes and homes. Struggles of a 'living fort'But Jaisalmer Fort's status as a "living fort" isn't without consequence, said heritage specialist Kavita Jain.
Persons: Chaitanya Raj Singh, Sanjay Vasu, Didier Marti, Vasu, King Rawal Jaisal, Kavita Jain, Asheesh Srivastava, Shri Girdhar Smarak, Srivastava Organizations: UNESCO, Heritage, Indian National Trust for Art, Cultural Heritage Locations: Jaisalmer Fort, Rajasthan, India, Jaisalmer, Pakistan
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSingapore's recent political scandals do not represent political upheavals: OCBCDespite recent political scandals, Vasu Menon from OCBC Bank says Singapore is "still a good bet", and is sticking to a positive position on the country's economy and markets.
Persons: Vasu Menon Organizations: OCBC Bank Locations: Singapore
Many in the industry, including current and former Microsoft and Amazon executives, wonder whether there's a better job for Bell. It could get intense, with Bell going toe-to-toe with Jassy and getting into disputes with Selipsky. "There were two different sets of security products and actually different security organizations that were securing the products for Microsoft," Bell said. While Bell has imported some processes from Amazon, he has introduced them with a "Microsoft flavor," by using Microsoft productivity tools, one person said. "So many decisions get made at Microsoft by looking at PowerPoints, and sometimes those PowerPoints lack details," Rashid, the former Microsoft and Amazon executive, said.
[1/5] Delta Airlines passenger jets are pictured outside the newly completed 1.3 million-square foot $4 billion Delta Airlines Terminal C at LaGuardia Airport in the Queens borough of New York City, New York, U.S., June 1, 2022. REUTERS/Mike SegarCHICAGO, April 12 (Reuters) - Delta Air Lines (DAL.N) is doubling down on more profitable premium travel as it looks to shore up its defenses against an economic downturn. Chief Executive Ed Bastian told Reuters the U.S. carrier will have premium seats on every plane it flies starting this summer. Rivals United Airlines (UAL.O) and American Airlines (AAL.O) are also chasing premium revenue. CHANGING TRAVEL PATTERNSThe quest for premium revenue has its underpinnings in the post-pandemic travel patterns.
Microsoft on Tuesday announced a chatbot designed to help cybersecurity professionals understand critical issues and find ways to fix them. The Microsoft Security Copilot draws on GPT-4, the latest large language model from OpenAI — in which Microsoft has invested billions — and a security-specific model Microsoft built using daily activity data it gathers. Microsoft isn't talking about how much Security Copilot will cost when it becomes more widely available. The service will work with Microsoft security products such as Sentinel for tracking threats. Security Copilot will be available to a small set of Microsoft clients in a private preview before wider release at a later date.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina's reopening is a 'mixed blessing' and 'wild card' for 2023, says OCBC BankVasu Menon of the bank says inflation could be "reignited" after China's reopening, but on the flip side, the resumption of production and the easing of supply chains could lead prices to fall.
He's bullish heading into 2023 on physical collectibles because supply is limited but constantly created. He thinks digital collectibles will have a place in the industry when the market is less volatile. A July report by Market Decipher estimated the size of the sports-memorabilia market at $26.1 billion as of 2022 and predicted it to rise to $227 billion by 2032. Vasu KulkarniCourtside VC invests in all facets of the sports space, but Kulkarni leads the collectibles portfolio. Kulkarni thinks the NFT market will become less of a "money-making mechanism" and more tied to real-world utilities, which could make it less volatile.
Vasu Kulkarni is the founder and CEO of Courtside VC, a venture firm focused on sports. His company was one of the early investors of StockX and The Athletic, but "missed" on Overtime. Kulkarni built Courtside VC to help sports startup founders like himAs Krossover grew into a multimillion-dollar company, Kulkarni began to realize the opportunity to invest in other sports-related startups. But Courtside VC has hit on enough startups to raise another $55 million in 2019. Courtside VC has invested in focusing on youth sports, fitness and wellness, esports, sneaker culture, and real-money gaming.
Amsterdam Schiphol Airport has stopped taking new registrations for its VIP service. The service allowed passengers to jump the lines at airports, along with other perks. The service allowed passengers to skip the lines at airports, among other perks. "Due to the large volume of requests, we can only accommodate VIP service for our regular guests," the post said. The VIP service has a starting price of 617.10 euros, including Value Added Tax (VAT), for a single passenger and gives customers access to the airport's VIP Centre, and VIP lounges.
American Airlines says customers want more business-class seats over first-class seats. American Airlines Group Inc. is replacing its first-class seats on international flights with new business-class suites. The reason: Customers aren’t that interested in buying first-class seats, Chief Commercial Officer Vasu Raja said on an earnings conference call Thursday, explaining a change first announced last month.
American Airlines is ditching first class because customers aren't booking seats. The airline is instead focusing on its new business class offering, known as Flagship Suites. AA said it plans to increase the number of premium seats on its planes by 45% by 2026. American Airlines did not immediately respond to Insider's request for further comment, made outside normal US working hours. The American Airlines Group, which includes regional carriers Piedmont, Envoy, and PSA, flew more than 500,000 flights in the third quarter of the year.
"Holiday flights are going to be expensive once again," said Scott Keyes, founder of flight-deal site Scott's Cheap Flights. "The pricing power has shifted back to the airlines for winter holiday travel." Windfall for airlinesThe three biggest U.S. airlines — Delta , United and American — each reported profits and record revenue for the third quarter. "Demand has not come close to being quenched by a hectic summer travel season," Delta CEO Ed Bastian said on the carrier's quarterly call last week. "When you are opening your Christmas presents, ideally that's when you should be thinking about booking those summer flights," he said.
A polling station is pictured during the primary election in Atlanta, Georgia, U.S. May 24, 2022. REUTERS/Dustin Chambers/File PhotoSept 21 (Reuters) - A Georgia county has validated 15,000 to 20,000 registered voters whose status was challenged ahead of the Nov. 8 midterm election, officials said on Wednesday, leaving another 16,000 pending cases to resolve, according to the group leading the challenge. Supported by prominent allies of the former president, VoterGA has contested 37,000 voter registrations in the county of about 562,000 active voters. Trump's claims have been rejected by multiple courts, state reviews and members of his former administration. The American Project announced in August it would sponsor lawsuits related to claims about the 2020 election in Georgia, including several involving VoterGA and Favorito.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailA 75 basis point rate hike by the U.S. Fed is 'lock and loaded' says OCBC BankVasu Menon of the bank says, however, that a 75 basis point hike itself won't rattle the market. Rather, he adds, the question is whether the U.S. Federal Reserve will continue with more 75 basis point hikes or "step it up" to 100 basis points.
Ransomware is following the business and distribution model that made cloud giants so successful. Experts say it's so easy to buy ransomware tool kits that hackers can make a monthly income from it. In the same vein, ransomware developers are taking care of back-end operations to get hackers up and running. Today's ransomware gig economy includes a network of behind-the-scenes operatorsThe ransomware gig economy behind ransomware-as-a-service programs has also expanded rapidly over the past two years. Record-breaking payouts include a $4.4 million ransom secured by hackers that attacked the fuel-pipeline operator Colonial Pipeline in 2021.
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