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Alphabet needs to correct its artificial intelligence flubs and prove its monetization potential if it hopes to renew investors confidence. GOOGL YTD mountain Alphabet shares this year "There's uncertainty around the moat," said Jamie Meyers, an analyst at Laffer Tengler Investments. "It's an opportunity that is meaningfully underestimated by investors given everything that's happened," said Deepwater Asset Management's Gene Munster. Using the pullback as an opportunity Many investors, however, are finding the positive in Alphabet's recent troubles for their portfolios, and using the recent stock performance as a buying opportunity. Laffer Tengler's Meyers also noted that Alphabet's advantage in personal data, strong user base and dominant market position could give them and edge in AI once they correct their mistakes.
Persons: giant's, Jamie Meyers, It's, They're, Alphabet's, Gene Munster, OpenAI, Dan Hanson, Neuberger Berman, They've, Michael Sansoterra, they're, Hanna Howard, Brad Gerstner, CNBC's, Laffer Tengler's Meyers, Deepwater's Munster Organizations: Microsoft, Meta, Nvidia, Investments, Google, Investors, Silvant Locations: Munster
Perplexity CEO Aravind Srinivas weighed in on Google's Gemini drama in an interview with The Verge. He criticized Google's handling of the situation and said the issue was " easy to catch in testing." download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Aravind Srinivas, chief executive of AI search-engine startup Perplexity, said Google's flub with Gemini was avoidable in a recent interview with The Verge. This story is available exclusively to Business Insider subscribers.
Persons: Aravind Srinivas, Perplexity, , Google's, Gemini Organizations: Service, Google, Business
“Donald Trump with the MAGA Republicans are trying to take away our freedoms,” Biden told the crowd on Friday. “He thinks Putin is a strong — basically, he’s a decent guy,” Biden said of Trump. “Orbán of Hungary, who stated flatly he doesn’t think democracy works — he’s looking for dictatorship.”“That’s who he’s meeting with,” Biden added. Toward the beginning of his speech, Biden referenced the raucous exchange he had the previous night with GOP Rep. Marjorie Taylor Greene. “If you’re tired, you probably watched my address last night,” Biden told the crowd.
Persons: Joe Biden, Biden, “ Donald Trump, MAGA, ” Biden, “ That’s, lambasting, Wade, Vladimir Putin, , Putin, Trump, Viktor Orbán, ” “, Marjorie Taylor Greene, , Laken Riley, Greene, flub, Donald Trump, , Riley, he’s, Benjamin Netanyahu, he’d, GOP Sen, Katie Britt’s, ” CNN’s Donald Judd, MJ Lee Organizations: Washington CNN, Union, MAGA Republicans, NATO, Mar, GOP, Georgia Republican, Chamber, Pennsylvania, Israeli Locations: Pennsylvania, Philadelphia, Roe, Mar, Hungary, night’s, , Gaza
Joe Biden will give his third State of the Union address on Thursday. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . On Thursday, Biden will deliver his State of the Union address to what could be his largest audience before Election Day. In this sense, Biden's speech comes with additional pressure. The State of the Union is not an explicit campaign speech.
Persons: Joe Biden, Biden, , Robert Hur's, Ronald Reagan's, Trump, Nikki Haley's, Sen, Elizabeth Warren of, you'll, he's, Bernie Sanders, Sanders Organizations: Service, NFL, Republican National, GOP, Democrats, Biden, The Washington Post Locations: Elizabeth Warren of Massachusetts
On Monday in Manhattan, Allen Weisselberg pleaded guilty to two state felony counts of perjury. Both lies involved the size of Donald Trump's Trump Tower penthouse on Fifth Avenue in Manhattan. AdvertisementAllen Weisselberg had little choice but to plead guilty to perjury after Manhattan prosecutors caught him blatantly lying about lying, as they revealed in court Monday. Weisselberg was at that sit-down with Forbes, assistant Manhattan district attorney Gary Fishman said Monday, during the ex-CFO's plea hearing. Engoron and state officials have contended that the square footage was intentionally inflated by Trump and Weisselberg as far back as 2012.
Persons: Allen Weisselberg, Donald Trump's Trump, , Trump's, inescapably, Trump, He'd, Donald Trump's, Arthur Engoron, Donald Trump, Forbes, Weisselberg, Gary Fishman, he'd, Stormy Daniels Organizations: Trump Org, Service, Trump Organization, NY, General's, New York, Trump, New York Thomson Reuters, Forbes Locations: Manhattan, New York City, New York
Read previewThe White House physician said President Joe Biden is "a healthy, active, robust 81-year-old male" following Biden's annual exam. "He continues to be fit for duty and fully executes all of his responsibilities without any exemptions or accommodations," Kevin O'Connor, the president's physician, wrote in a summary released by the White House. Biden spent most of the afternoon at Walter Reed Medical Center completing his third annual physical since his election. The White House and Biden's lawyers have vigorously disputed Hur's conclusion about the president's memory, arguing that the special counsel crossed the line in putting such conjecture into his lengthy report. While some tried to argue that Trump forgot the name of former first lady Melania Trump, the context suggests he was instead shouting out a former Trump White House official.
Persons: , Joe Biden, Kevin O'Connor, Biden, Robert Hur, Kate Porter, Donald Trump, Seth Meyers, Meyers, Mercedes, Trump, Melania Trump Organizations: Service, White, Walter Reed Medical Center, Business, California Democrat, Trump White House Locations: Mexico, Egypt, California
Trump is giving every impression that his second term would be even more aberrant than his first, as he vows to use presidential power to exact retribution against his enemies. While a Biden vs. Trump race would be a rematch of 2020, it would not necessarily be the same. In Trump, voters can pick an ex-president facing 91 criminal charges who has been found liable for fraud, sexual battery and defamation in court. It also offered a potential roadmap to the substance and character of his possible second term. Why the 2020 election lineup may be locked inThe renewed focus on Biden’s age is likely to open another round of speculation about whether he could be replaced on the Democratic ticket.
Persons: Joe Biden, Donald Trump, Biden, Trump, he’s, Vladimir Putin, Nikki Haley’s, crave, Robert F, Kennedy Jr, , “ Donald Trump’s, Putin, ” Biden, Trump’s, , Florida GOP Sen, Marco Rubio, “ Donald Trump, ” Rubio, Charles Michel, Russia, Tucker Carlson, Manuel Balce Ceneta, Michael, He’s, Michael Haley, Nikki Haley, Arizona Sen, John McCain, Robert Hur’s, parry, Mandel Ngan, gaffes —, , Ro Khanna, Jake Tapper, Biden’s missteps, Haley, Nancy Pelosi, he’d, Dean Phillips, Kamala Harris, Harris Organizations: CNN, Oval, Biden, Trump, NATO, White, Florida GOP, Foreign Relations, Union, European Council, GOP, ABC, Getty, ” Democratic, Democratic, Democratic Party Locations: South Carolina, Russia, NATO, Europe, miscalculations, Moscow, Ukraine, Poland, Baltic States, Florida, “ State, Russian, Conway , South Carolina, Africa, Arizona, Vietnam, Egypt, Mexico, AFP, California, reunifying
The human brain has trouble pulling names out of stuffed memory banks on cue. But when are those and other verbal stumbles normal, and when might they be a sign of cognitive trouble? Former President Donald Trump, Biden's likely opponent in the November presidential election, has also. And while Trump often brags about passing a screening-style memory test several years ago, Lenze said the best assessment includes rigorous neuropsychological testing. ___The Associated Press Health and Science Department receives support from the Howard Hughes Medical Institute’s Science and Educational Media Group.
Persons: Joe Biden, Macron, Mitterrand, I’m, , Jay Olshansky, Biden, ” Biden, Donald Trump, Biden's, Trump, Nikki Haley, Nancy Pelosi, , Eric Lenze, Louis, Emmanuel Macron, Francois Mitterrand, ” Mitterrand, ” Lenze, It’s “, Olshansky, everybody's, Lenze Organizations: WASHINGTON, University of Illinois, White, GOP, Washington University, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: Chicago, St
When President Biden appeared at a last-minute news conference on Thursday night, he hoped to assure the country of his mental acuity hours after a special counsel’s report had devastatingly referred to him as a “well-meaning, elderly man with a poor memory.”Instead, a visibly angry Mr. Biden made the exact type of verbal flub that has kept Democrats so nervous for months, mistakenly referring to the president of Egypt, Abdel Fattah el-Sisi, as the “president of Mexico” as he tried to address the latest developments in the war in Gaza. The special counsel’s report and the president’s evening performance placed Mr. Biden’s advanced age, the singularly uncomfortable subject looming over his re-election bid, back at the center of America’s political conversation. The 81-year-old president — already the oldest in the nation’s history — has for years fought the perception that he is a diminished figure. “My memory is fine,” he insisted on Thursday from the White House.
Persons: Biden, Abdel Fattah el, Biden’s, , Locations: Egypt, Mexico, Gaza
The pregame presidential interview is a relatively young tradition, stretching back only to Barack Obama’s first year in office, and one that Donald Trump skipped once himself. “We hope viewers enjoy watching what they tuned in for — the game,” White House communications director Ben LaBolt told CNN. In past years, the Super Bowl presidential interviews often drove news coverage for days. But the Biden White House has always been skeptical of the value of doing so, in part due to anxiety that a flub could become an unwanted distraction. Biden’s last major interview was on comedian Conan O’Brien’s podcast, recorded at the White House in December.
Persons: Joe Biden, Biden, Taylor Swift, Travis Kelce, Barack Obama’s, Donald Trump, It’s, ” Biden, Kamala Harris, Ben LaBolt, Conan O’Brien’s Organizations: CNN, Advisers, Kansas City Chiefs, Super, San Francisco 49ers, MAGA, NFL, Democratic Party, White House, White, Saturday’s South Carolina Democratic, House, Chiefs, Detroit Lions, Lions, Green Bay Packers, Biden White Locations: Saturday’s, Wilmington , Delaware
5 Podcasts for Hollywood’s Awards Season
  + stars: | 2024-01-28 | by ( Emma Dibdin | ) www.nytimes.com   time to read: +4 min
The 2024 awards season has felt unusually hectic so far, thanks to the strike-delayed Emmy Awards shifting from their usual fall airdate to January. But even when there’s nothing quite so unusual going on, the analysis here always makes awards season more interesting. Starter episode: “Oscar Voters, Start Your Engines”There’s a peculiar category of film that debuts with great fanfare, attracts plenty of awards buzz, and then fades from the cultural consciousness without a trace (and no awards). Not all of the films discussed on “This Had Oscar Buzz” fall into that bracket, but, as the title suggests, the focus is on the movies that had that buzzy aura around them, at least for a while. Starter episode: “Alexander (With David Sims)”Though not a traditional awards season podcast with predictions or play-by-play recaps, “The Town” is an invaluable resource for anyone hoping to understand the upheaval in Hollywood.
Persons: , Michael Hogan, Katey Rich, Richard Lawson, Joanna Robinson, Oscar, Andrew Scott, Emma Stone, Greta Lee, “ Oscar, Buzz ”, Jennifer Aniston, Aniston, Joe Reid, Chris Feil, don’t belittle, “ Alexander, David Sims, , Matthew Belloni, Puck, , Brooks Barnes Organizations: Sundance, The Hollywood, Hollywood, The New York Times, Hollywood Foreign Press Association Locations: Hollywood, La, Los Angeles, Cannes, Venice, Toronto
Only after he was awkwardly pulled aside on stage and informed that he was in Sioux City did he make a correction. Trump's Sioux flub caught the attention of Florida Gov. “I don’t think he’s senile. A Trump spokesperson noted that Trump hasn’t criticized Biden directly on age, and Trump has long argued that Biden's problem isn't actually his age but his mental state. But when a reporter noted Trump’s actual age, neither woman saw it as problem.
Persons: , Donald Trump, Joe Biden, Trump, Viktor Orbán, , ” Biden, Biden, , Skylar Swan, it’s, Melody Crowder, Meyer, they’ve, they’re, ” Crowder, Cecelia S, Curtis, ” Curtis, Sioux flub, Ron DeSantis ’, Chris Christie, ” Christie, flubs haven't, Trump hasn’t, isn't, Harris, Josh Schwerin, Trump’s, ” Schwerin, Nikki Haley, Haley, Heidi Morin, ” interjected Kristin Brand, ” Brand, Janine Whitcomb, ” ___ Colvin Organizations: WASHINGTON, Hamas, Trump, Democratic, Republican, Associated Press, NORC, for Public Affairs Research, Davidson College, United State, Democrat, Biden, Florida Gov, Former New Jersey Gov, National, Fox News, Former South Carolina Gov, United Nations Locations: Hungarian, Turkey, U.S, Summerville , South Carolina, North Carolina, Iowa, United, Summerville, Sioux City , Iowa, Sioux Falls, South Dakota, Sioux City, Israel, Gaza, Derry , New Hampshire, Bourne , Massachusetts, Morin, Epping
Trump, the front-runner of the GOP presidential primary, reportedly discussed sensitive information about U.S. nuclear submarines – including the number of warheads they routinely carry and how close they can get to Russian submarines without being detected – to an Australian businessman. Earlier this week, the House ousted Kevin McCarthy – a stunning scene put in motion by a handful of far-right, MAGA lawmakers and one that marked the first time in history that the maneuver has been used to successfully oust a House speaker. Trump himself considered filling the role of speaker after being nominated by Texas Rep. “I have been asked to speak as a unifier because I have so many friends in Congress,” Trump told Fox News Digital on Thursday. Trump is still considering a Tuesday visit to the Capitol, timed to when the GOP conference is set to hold a forum for the Speaker candidates.
Persons: Donald Trump, Trump, that’s, Donald Trump's, there’s, Kevin McCarthy, MAGA, Steve Scalise, Jim Jordan – Trump, Troy Nehls, Marjorie Taylor Greene, , ” Trump, , I’m, Jordan, Jim Jordan, Joe Biden, Hunter Biden, hasn’t, throngs Organizations: Capitol, GOP, Department, White, intel, Republican Party, Louisiana Rep, Ohio, Texas Rep, Georgia, Fox News Digital, Washington , D.C, Congressional, Trump Locations: Russian, Australian, Trump’s, Louisiana, Washington ,
Kamala Harris was recently described in a new book as someone who failed to achieve anything substantive as VP. Experts who spoke to Insider say that much of the criticism against Harris isn't always fair. She has yet to meaningfully prove herself in her role as vice president , Democrat colleagues say. Mondale expanded the role of the vice president to become a de facto advisor to the president and execute their agenda. I don't think she's an especially outstanding vice president, but it just seems like she's a pretty standard one."
Persons: Kamala Harris, Harris isn't, Harris, combatting, She's, Joe Biden's, Franklin Foer, Julia Azari, Walter Mondale, Jimmy Carter, Azari, Mondale, Foer, Nadia, Brown, stokes, she's, it's, Biden, they're Organizations: Service, Asian, Marquette University, Biden, Politico, Democratic Party, Gender, Georgetown University, NBC, Central Locations: Wall, Silicon, Milwaukee , Wisconsin, predicaments
"My kids — they like the Blizzards," DeSantis said, as he ordered one for himself. "They like cones, too, but that gets very messy in the car, so we try to stay away from that." Trump had visited the fast food chain and seemed unfamiliar with the famous ice cream treat, asking "What the hell is a Blizzard?" DeSantis, flanked by Iowa Secretary of Agriculture Mike Naig, also used the campaign stop to praise the state's governor, Republican Kim Reynolds, shortly before she signed a six-week abortion ban into law. "She’s done so much, over so many different issues, to make this one of the best-governed states in the country," DeSantis told reporters.
Persons: Ron DeSantis, Donald Trump, DeSantis, Trump, Mike Naig, Republican Kim Reynolds, Reynolds Organizations: Florida Gov, Iowa, Republican, NBC News, Des Moines Locations: BOONE , Iowa, Florida, Des Moines, Bluffs, DeSantis
A recent article on the "Star Wars" films had numerous errors, The Washington Post reported. The story was one of five articles published using Google's Bard and OpenAI's ChatGPT technologies as the outlet pilots new AI initiatives, a representative of Gizmodo told Insider. These will all be designed to complement our journalism and give our editorial teams new tools to serve our audiences." Gizmodo reporters weren't the only ones angered at the flub — readers, too, expressed their dissatisfaction with the AI creation. At the same time, outlets — including Insider — have announced new initiatives to experiment with AI, with editorial procedures in place meant to prevent errors from being published.
Persons: Gizmodo, James Whitbrook, George Lucas, Whitbrook, Google's Bard, Merrill Brown, Brown, Slack, Claire Lower, LifeHacker, — Brown, Jim Spanfeller, Lea Goldman —, Organizations: Washington Post, Intelligence, GMG Union, Gizmodo, Twitter, NPR
What’d you call it, a weeble?”In a statement to CNN Tuesday afternoon, Suarez denied that he was unaware of the Uyghur situation and the human rights abuses China is accused of committing. “Of course, I am well aware of the suffering of the Uyghurs in China. China has a deplorable record on human rights and all people of faith suffer there. The following year, the UN High Commissioner for Human Rights found China’s treatment of Uyghurs constituted “crimes against humanity.”China denies allegations of such human rights abuses in Xinjiang. “Part of American foreign policy should always be that we fight for human rights for all people.
Persons: Francis Suarez, Hugh Hewitt’s, , ” Suarez, ” Hewitt, Suarez, “ What’s, Hewitt, Hugh, I’ll, Hugh Hewitt, , Donald Trump, Joe Biden, Nikki Haley, ” Haley, Gary Johnson, Organizations: CNN CNN — Miami, Republican, CNN, State Department, UN, Human Rights, American Enterprise Institute Locations: China, Xinjing, ” China, Xinjiang, United States, Aleppo
Aussie billionaires’ solar spat enters new phase
  + stars: | 2023-05-29 | by ( ) www.reuters.com   time to read: +2 min
MELBOURNE, May 29 (Reuters Breakingviews) - The battle between two of Australia’s richest men for control of bankrupt renewables startup Sun Cable has ended in a whimper. Surprisingly absent from the final bout was Squadron Energy, one of Fortescue Metals (FMG.AX) founder Andrew Forrest’s investment companies. Both were early investors in Sun Cable; their spat over its strategy plunged the firm into administration in January. Cannon-Brookes wants to stick to the original plan of sending most of the energy it produces to Singapore via an undersea cable. Now the race is on to see which of the two men is first to flick the on switch.
Saudi is a BRIC in crumbling East-West money wall
  + stars: | 2023-05-29 | by ( ) www.reuters.com   time to read: +2 min
MUMBAI, May 29 (Reuters Breakingviews) - Middle East money is the answer to plugging the growing financial gaps created in Asia by Western investment restrictions, or at least that’s the very wishful thinking of the regions’ financiers and governments. Even if the NDB might have teamed up with Saudi regardless of sanctions on Russia, any deal will be high on symbolism. It makes sense for petrodollar countries to look East given Asia’s growing oil demand. Bankers also want Middle East companies to come and list in Hong Kong as those from elsewhere stay away and economists believe Middle East funds will step up investments into China as global funds retreat. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.
Lufthansa sale is ironic end to Italy airline saga
  + stars: | 2023-05-26 | by ( ) www.reuters.com   time to read: +2 min
MILAN, May 26 (Reuters Breakingviews) - Italy’s epic airline soap opera has found a paradoxical end. After multiple sale attempts by Italian governments of all political leanings, plus over 10 billion euros of wasted state support, it’s Prime Minister Giorgia Meloni – an avowed nationalist – who is cutting the umbilical cord with the country’s state-owned national carrier. The state will inject 250 million euros of equity in ITA before Lufthansa buys its initial minority stake. At 0.3 times projected 2023 revenue of 2.5 billion euros, the overall price tag is cheaper than the 0.5 times Lufthansa currently trades at, and also than the 1 billion euro-plus levels mooted last year. But Lufthansa CEO Carsten Spohr is still scooping up a supposed national treasure at an undemanding price.
BYD and Great Wall feud portends potholes ahead
  + stars: | 2023-05-25 | by ( ) www.reuters.com   time to read: +2 min
HONG KONG, May 25 (Reuters Breakingviews) - China’s Great Wall Motor (601633.SS) has made a rare public allegation that BYD’s (002594.SZ), (1211.HK) Qin Plus and Song Plus hybrid models do not meet emissions standards in the country. Thursday’s accusations sent BYD’s Hong Kong-listed shares down 5.4%, but the whistleblower’s own stock fell 7.3% by market close. BYD is currently the world’s best-selling electric-car marque per Bernstein, and it sold nearly 15,000 electric passenger cars outside China in the year to April. As for Great Wall, some 73,789 of its cars, representing nearly a quarter of its sales, were overseas in the same period. If the mud Great Wall slings ends up sticking, the global image of Chinese auto brands could get stained just as they expand into global markets.
Using frozen Russian money for Kyiv is barmy
  + stars: | 2023-05-25 | by ( ) www.reuters.com   time to read: +2 min
European officials are still discussing options to use the proceeds of Russia’s frozen funds to help Ukraine. Yet funnelling the money to the war-torn country, which looks justifiable on moral grounds, would set a bad precedent. Euroclear, the Belgium-based settlement house, is sitting on some 180 billion euros of Russian central bank reserves – part of the 280 billion euros Ukraine’s allies froze last year after Russia’s invasion. The clearing firm also holds another 17 billion euros from sanctioned Russian individuals. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.
Embracer gaming deal flub leaves credibility wound
  + stars: | 2023-05-24 | by ( ) www.reuters.com   time to read: +3 min
LONDON, May 24 (Reuters Breakingviews) - A communications glitch is raising credibility questions at video game giant Embracer (EMBRACb.ST). Gaming companies occasionally make games in partnership with media giants that control popular intellectual property – like film, TV or comic book characters – but lack the knowhow to create video games. Conversely, a hot developer may sign a deal to produce exclusive content for a specific video game marketplace, like the Epic Games Store. It said on Wednesday that adjusted operating profit for the current financial year would likely be between 7 billion and 9 billion Swedish crowns ($650 million and $840 million), from 10.3 billion to 13.6 billion Swedish crowns previously. Among those is Savvy Games, owned by Saudi Arabia’s Public Investment Fund, which bought a roughly 8% stake for 103 Swedish crowns a share in June last year, versus a share price of roughly 23 Swedish crowns on Wednesday morning.
CNN —If you’re one of the lucky members of the BeyHive who scored tickets to Beyoncé’s “Renaissance” tour this summer, expect one of the more epic nights of your life. Fans have been waiting for this tour since last summer, and it’s finally time to unleash our inner alien superstars. Here’s what “Renaissance” tour-goers need to know before the show hits their hometown (or, before they fly across the world to catch it – the things we do for Beyoncé). Kevin Mazur/Getty Images for ParkwoodThe aesthetic of the “Renaissance” tour, based on the footage fans have captured, is more “Alien Superstar” than “Cuff It”: Think Afrofuturist cyborgs with impeccable style. ), and she lets those in the audience know that a “queen moves at her own pace.” We’ll have to keep waiting on those music videos.
A top tip for central banks: talk less, smile more
  + stars: | 2023-04-11 | by ( Ben Winck | ) www.reuters.com   time to read: +8 min
WASHINGTON, April 11 (Reuters Breakingviews) - Investors hang on central bankers’ every word, hoping to gain an edge for their next trade. But with consumer prices rising at the fastest pace in decades, central bankers can’t easily cut borrowing costs, either. Chatty central banks are a relatively new phenomenon. Investors are also more sensitive to central banks today than in years past. Still, being more careful about what’s said, and how it’s said, could help central banks better balance their priorities.
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