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☆ Why OpenAI should fear a Scarlett Johansson lawsuit
▼ + stars: | 2024-05-22 | by ( Brian Fung | ) edition.cnn.com time to read: +11 min

“It doesn’t matter if OpenAI used any of Scarlett Johansson’s actual voice samples,” Li posted on Threads. Here, Johansson could accuse OpenAI of illegally monetizing who she is by essentially fooling users into thinking she had voiced Sky. But there’s substantial case law — and one very inconvenient fact for OpenAI — undercutting that defense, legal experts say. According to Johansson, OpenAI approached her to perform as Sky; Johansson declined. While California’s publicity law protects all individuals, some state statutes only protect famous people, and not all states have such legislation on the books.

Persons: Will Scarlett Johansson, OpenAI, Johansson, OpenAI’s, Sam Altman, OpenAI didn’t, demoed, Tiffany Li, Scarlett Johansson’s, ” Li, monetizing, John Bergmayer, “, ”, —, Bette Midler, Midler, Tom Waits, Waits, …, James Grimmelmann, Scarlett Johansson ”, Altman, Sky’s, Johansson ”, Samantha, ‘, ” Grimmelmann, Joel Saget, ” Bergmayer, Dana Rao, Adobe’s, we’re, Jennifer Rothman, ” Rothman Organizations: Washington CNN, University of San, Public, Ford Motor Company, Appeals, Circuit, Frito, Cornell University, Getty, Adobe, FAIR, University of Pennsylvania Locations: University of San Francisco, California, Midler’s, Paris, AFP

Once Mr. Trump was elected, he agreed to repay Mr. Cohen for the $130,000 hush-money deal and more. And at a meeting in Trump Tower just weeks before he was sworn in, Mr. Trump signed off on the fakery, Mr. Cohen recounted from the stand. “What, if anything, did Mr. Trump say at that time?” a prosecutor asked Mr. Cohen. There, he said, Mr. Trump’s chief financial officer, Allen Weisselberg, explained how Mr. Trump would reimburse Mr. Cohen for the payoff. To reach Mr. Trump, Mr. Cohen testified, he called the candidate’s bodyguard, Keith Schiller.

Persons: Donald J, Todd Blanche, Blanche, Michael D, Cohen, Trump, Trump’s, —, Alvin L, Bragg, Cohen —, Marc F, Scholl, ”, ” Mr, Stormy Daniels, Mr, “, Michael M, Joshua Steinglass, Juan M, Merchan —, “ Trump, David Pecker, Pecker, Hope Hicks, Penny, Daniels, Allen Weisselberg, Weisselberg, Susan Hoffinger, Cohen’s, Keith Schiller, Schiller, William K, Rashbaum Organizations: Trump, Mr, Trump “, New, National Enquirer, Playboy, fixer Locations: Manhattan, New York

☆ 5 secrets to moving better and preventing avoidable injury
▼ + stars: | 2024-05-16 | by ( Dana Santas | ) edition.cnn.com time to read: +8 min

Even the most basic of human movement patterns — walking — can land you in the emergency room due to tripping or losing balance. Read on for five essential strategies to correct improper movement patterns, enhance movement quality and minimize your risk of injury. Understanding what constitutes right and wrong movement is crucial in preventing injury. Include strength training in your workoutsRegular strength training builds more than muscle; it also increases bone density, joint stability, endurance, metabolism and overall durability. Remember, injury prevention begins with understanding proper movement mechanics and consistently practicing functional movement patterns.

Persons: Dana Santas, Aaron Lockwood Organizations: Pain, CNN, US Centers for Disease Control, Lockwood, CNN’s

☆ Elon Musk's Tesla dreams may hinge on his blossoming bromance with Argentina's libertarian president Javier Milei
▼ + stars: | 2024-05-13 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

Elon Musk seems to be courting Argentine President Javier Milei to secure lithium supplies. AdvertisementTesla CEO Elon Musk has been cozying up to Argentine president Javier Milei — and lithium may be one reason why. Milei told the TV show "La Noche De Mirtha" in December that Musk had called him and said he was "extremely interested" in lithium. Argentina's ambassador to the US, Gerardo Wethein, told Argentine media that the pair talked about Tesla's "investment opportunities" in lithium, the Financial Times reported. Musk met up with Milei again last week, shared a photo of them on X, and later told his followers: "I recommend investing in Argentina."

Persons: Elon Musk, Javier Milei, —, Milei, Musk, Tesla, Gerardo Wethein, Donald Trump, He's Organizations: Argentine, EV, Service, Business, United States Geological Survey, Reuters, Financial Times Locations: Argentina, Argentine, Texas, Tesla's, Austin

☆ Shein's U.S. charm offensive and IPO could hinge on NRF membership. So far, it's been rejected
▼ + stars: | 2024-05-13 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +9 min

Open to allIt's unclear why the NRF rejected Shein's membership application, but according to one of the people familiar, someone with sway is strongly against the company's admittance. The NRF's board has a leadership team and an executive committee. An NRF membership application form that can be found online states: "Companies principally engaged in retailing are eligible for membership in the Federation." Two of the board members said they weren't aware of any instances where the NRF denied a retailer membership. "I don't think they are in the business of turning anyone down," one of the board members told CNBC.

Persons: Scott Olson, Matthew Shay, Courtney Reagan, CNBC Steve Dennis, Neiman, Sears, Dennis, Shein, John Furner, Bob Eddy, Mike George, Brian Cornell, Tony Spring, wasn't, Wang Ying, Ashley Sanchez, Joscelin Flores, Allen J, They've, Temu, it's Organizations: Getty, National Retail Federation, CNBC, Neiman Marcus, New York Stock Exchange, Shay, Walmart U.S, BJ's Wholesale, Qurate, QVC, Federation, Brands, Publicis Groupe, Coresight, Xinhua News Agency, Forum, World Retail, Los Angeles Times, Chinese Communist Party Locations: Whitestown , Indiana, New York City, America, U.S, New York, United States, Hamburg, Germany, Los Angeles, Paris, Davos, Switzerland, Las Vegas, Shoptalk, Fontana, Ontario Mills, Ontario

☆ From a melt-up to a sell-off, the next 2 weeks will determine the stock market's direction for the summer
▼ + stars: | 2024-05-13 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

The next two weeks of data will likely set the direction for the stock market this summer, according to UBS. The bank said the upcoming release of the April CPI report and Nvidia's earnings report next week are crucial. "Inflation and NVIDIA earnings data that exceed expectations could set the stage for an early summer melt-up," UBS said. AdvertisementThe next two weeks are going to be crucial for the stock market and could determine its direction over the upcoming summer months, according to a note from UBS. Advertisement"Inflation and NVIDIA earnings data that exceed expectations could set the stage for an early summer melt-up," Draho said.

Persons: —, Jason Draho, Draho, bode Organizations: UBS, NVIDIA, Service

☆ Election Updates: Trump returns to the trail as Biden makes a West Coast fund-raising swing.
▼ + stars: | 2024-05-11 | by ( Chris Cameron | ) www.nytimes.com time to read: +5 min

The thinking of party leaders is that Mr. Hernandez would stay in the race if he won the nomination, running interference for Ms. Lake. “They’re not even trying to cover their tracks at this point,” Cody Hannah, a co-chair of the Arizona Green Party, said in an interview on Friday. We know they aren’t genuine Greens.”Efforts to reach Mr. Norton and Mr. Hernandez were not immediately successful. Mr. Hannah, the Green Party’s co-chair, said party members were not familiar with either Mr. Hernandez or Mr. Norton. “These are people who essentially have no connection to our party deciding who’s on our primary ballot,” he said.

Persons: Mike Norton, Arturo Hernandez, —, Norton, Ruben Gallego, Hernandez, Kari Lake, Donald J, Trump, Gallego, Eduardo Heredia, “ They’re, ” Cody Hannah, “, Lake, Kyrsten Sinema, Robert F, Kennedy Jr, circulators, Mr, Joe Lombardo, Hannah, ” Organizations: Arizona Green, U.S . Senate, Republicans, Green Party, Democratic, Green Party of, Arizona Green Party, Greens, Democratic Party, Republican Party, Senate, Green, New York Times, Republican, Federal, Commission Locations: Arizona, Quintana, Green Party of Pima County

☆ For Columbia and a Powerful Donor, Months of Talks and Millions at Risk
▼ + stars: | 2024-05-10 | by ( Alan Blinder | ) www.nytimes.com time to read: 1 min

On Jan. 19, Angelica Berrie sent an email to Nemat Shafik, the president of Columbia University. Ms. Berrie reported that the Russell Berrie Foundation, named for her late husband, had scheduled three grant payments to Columbia. But after months of campus protests around the Israel-Hamas war, Ms. Berrie also delivered a warning. As the foundation prepared to transfer almost $613,000, Ms. Berrie told Dr. Shafik that future giving would partly hinge on “evidence that you and leaders across the university are taking appropriate steps to create a tolerant and secure environment for Jewish members of the Columbia community.”Months passed, and the foundation, which has donated about $86 million to Columbia over the years, did not like what it saw. Frustrated and flummoxed by the sustained tumult at Columbia, the foundation suspended its giving to the university late last month.

Persons: Angelica Berrie, Nemat Shafik, Berrie, Shafik Organizations: Columbia University, Ms, Russell Berrie Foundation, Columbia Locations: Israel, Columbia

☆ Judge’s Decisions in Documents Case Play Into Trump’s Delay Strategy
▼ + stars: | 2024-05-08 | by ( Alan Feuer | ) www.nytimes.com time to read: +1 min

The decision by Judge Aileen M. Cannon to avoid picking a date yet for former President Donald J. Trump’s classified documents trial is the latest indication of how her handling of the case has played into Mr. Trump’s own strategy of delaying the proceeding. It is not impossible that the trial could still take place before Election Day, but the path is exceedingly narrow. And the question of when — or even whether — the charges against Mr. Trump will go before a jury will now largely hinge on how Judge Cannon handles an array of pretrial matters in the next few months, issues that many legal experts have said she could dispense with much more quickly. Judge Cannon, who was appointed by Mr. Trump in his final days in office, has been on the bench for only four years. For months now, she has stood in the glare of the spotlight with each of her most minute decisions scrutinized by an often critical gallery of legal scholars and reporters.

Persons: Aileen M, Cannon, Donald J, Trump’s, Trump, Judge Cannon Organizations: Mr, White

☆ The world's happiest countries are targeting net-negative emissions — despite a growing 'greenlash'
▼ + stars: | 2024-05-01 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +6 min

It is aiming to be the first high-income country to reach net zero emissions in 2035 and net negative by 2040. Denmark, which the World Happiness Report recognized as the world's second-happiest country, is targeting net zero by 2045 — and net negative by 2050. Thierry Monasse | Getty Images News | Getty ImagesDanish Climate Minister Lars Aagaard said the need for negative emissions was clear. He added that Denmark's ability to achieve net negative emissions would hinge upon policies implemented over the next five to seven years. Sopa Images | Lightrocket | Getty Images

Persons: Sergei Gapon, Thierry Monasse, Lars Aagaard, Denmark's Aagaard, —, Stefano Guidi, Donald Trump, Joe Biden, Trump, Biden, Kai Mykkänen, Mykkänen, Moscow … Organizations: Afp, Getty, Atlantic ., Agriculture Ministers, CNBC, Lars Aagaard Danish Climate, United Arab Emirates, Union, Nationalist, Former U.S, Finnish Climate Locations: Copenhagen, Denmark, Atlantic, Atlantic . Finland, Finland, Brussels, Belgium, Lars Aagaard Danish, Panama, Europe, Germany, France, Turin, Italy, U.S, November's, Paris, Finnish, Helsinki, Montreal, Beijing, Moscow, of Finland, Neva Guba

☆ Trump Media insider trading trial begins with co-founder testifying, 'I've never been paid at all'
▼ + stars: | 2024-05-01 | by ( Dan Mangan | ) www.cnbc.com time to read: +6 min

The first witness in the insider trading case against Bruce Garelick was Andy Litinsky, a co-founder of Trump Media. Garelick has decided to take his chances with a jury after his two co-defendants, the brothers Michael Shvartsman and Gerald Shvartsman, pleaded guilty on April 3 to insider trading charges in the case. Garelick, Bach argued, "acted in good faith at all times." Shahabian repeatedly had Litinsky describe the confidentiality agreements in letters of intent that Trump Media signed with two prospective merger partners, DWAC and Bennessere Capital Acquisition Corp. Asked if he traded stock based on the confidential information, Litinsky likewise replied, "No," noting, "It would be against the rules."

Persons: Bruce Garelick, Amr Alfiky, Donald Trump, Andy Litinsky, Litinsky, Garelick, Michael Shvartsman, Gerald Shvartsman, Gerald, Attorney Elizabeth Hanft, Michael Schvartsman, Jonathan Bach, Bach, Bruce, Michael Shvartsman's, Matthew Shahabian, Wes Moss, Trump, Michael Kovac, Wireimage, Shahabian Organizations: Manhattan Federal Court, Reuters, Trump Media, Trump, Attorney, NBC, Hammerstein, DWAC, Bennessere, Corp Locations: Manhattan, New York City, U.S, Florida, DWAC, Providence , Rhode Island, Miami

☆ Earnings playbook: Beware of these stocks reporting soon where analysts are slashing their earnings expectations
▼ + stars: | 2024-05-01 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

NRG has run up about 40% this year, and is sitting within 2% of the average price target from analysts. This is especially notable given that the average analyst target has risen nearly 75% over the past six months. Match Group also made the list, with the average analyst earnings per share estimate falling more than 16% over the last three months. The average analyst price target for Match has fallen by almost 18% over the past six months given that sell-off. But that average price target still implies upside of around 40%, per FactSet, which underscores the magnitude of its recent slide.

Persons: Gordon, Haskett's Don Bilson, Bilson, FactSet Organizations: CNBC Pro, NRG Energy, NRG Locations: Texas

☆ GM and Ford's gas-powered profits and hybrid successes show how hard it will be for Tesla to weather an EV slowdown
▼ + stars: | 2024-04-30 | by ( Nora Naughton | ) www.businessinsider.com time to read: +3 min

Tesla finally has to deal with the EV slowdown. The EV company can't rely on hybrids and gas cars like competitors. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Both Ford and GM exceeded analyst expectations for the first quarter thanks to cost cutting and stronger demand for gas-powered cars. But the tables have turned now as traditional automakers are able to tap into a newly popular segment unoccupied by Tesla: hybrids.

Persons: Tesla, Musk, —, Elon, Mary Barra, Barra, ruffle Musk Organizations: EV, Service, Ford, GM Locations: North America

☆ Democrats could go even further than before if they sweep the White House, Senate, and House again
▼ + stars: | 2024-04-30 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +6 min

But there's a not-insignificant chance that not only does Trump lose again, but that Democrats find themselves once again in control of the White House, the Senate, and the House of Representatives at the beginning of 2025. Democrats are broadly seen as favored to retake the House, with nearly 20 House Republican incumbents fighting to hold on in districts won by Biden in 2020. Jon Tester of Montana and Sherrod Brown of Ohio will have to win in order for Democrats to maintain the Senate majority. Biden supports it, and House Democrats have already voted for it twice, once in 2021 and again in 2022. AdvertisementManchin and Sinema, two key obstacles to Biden's party-line agenda, won't be in the Senate next year.

Persons: Biden's, —, Donald Trump, It's, Sens, Kyrsten Sinema, Joe Manchin, Joe Biden's, Biden, Trump, Kamala Harris, Jon Tester, Sherrod Brown, Chip Somodevilla, Roe, Wade, Sinema, Manchin, Jabin, Progressive Caucus's, that's Organizations: Service, Trump, White, Senate, Democratic, Biden, Republican, Montana, Getty, House Democrats, Washington, Democrats, Progressive Locations: California, New York, Arizona, Ohio, Montana, Arizona , Pennsylvania, Wisconsin, Michigan, Washington

☆ 3 issues that could make or break the US economy over the next year, according to top economist Mohamed El-Erian
▼ + stars: | 2024-04-29 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

Mohamed El-Erian named three key risks that will determine where US growth is headed in 2024 through 2025. That includes changes to the Fed's inflation target and low-income consumer spending. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementIf Wall Street was wrong about recession odds in 2023 and 2024, forecasting for next year won't be any easier, Cambridge economist Mohamed El-Erian wrote in Project Syndicate. "Given high interest rates and some creditors' loss of enthusiasm, this cohort's willingness to consume will hinge on whether the labor market remains tight," El-Erian wrote.

Persons: Mohamed El, Erian, —, he's Organizations: Service, Project Syndicate, Federal Reserve, El Locations: Cambridge, El

☆ Teamsters union endorses activist Ancora in Norfolk Southern proxy fight
▼ + stars: | 2024-04-25 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +3 min

Activist Ancora on Thursday won the support of the BMWED Teamsters in the investor's efforts to oust Norfolk Southern CEO Alan Shaw and a majority of the railroad's 13-person board. The labor group said it would back the activist's seven director nominees over Norfolk Southern management, a significant endorsement in an industry unusually dependent on union support. The support from the BMWED Teamsters, whose members build and maintain the track infrastructure that keeps Norfolk Southern trains moving, amounts to a sharp rebuke of Shaw and Norfolk Southern's board. Norfolk Southern and Ancora have been locked in a proxy contest for several months. Neuberger Berman, for example, is backing the activist and said that Norfolk Southern had a history of poor governance and that a boardroom change was needed.

Persons: Ancora, Alan Shaw, Shaw, Tony Cardwell, Cardwell, Jim Barber, Jamie Boychuk, Boychuk, Barber, It's, John Orr, Glass Lewis, Neuberger Berman Organizations: Thursday, Teamsters, Norfolk Southern, Norfolk, BMWED Teamsters, Labor, American Federation of Labor, Industrial Organizations, CSX, Ancora Locations: Norfolk Southern, Norfolk, U.S, East Palestine , Ohio, Washington

☆ Sidestep injury with the lateral lunge
▼ + stars: | 2024-04-25 | by ( Dana Santas | ) edition.cnn.com time to read: +6 min

The side or lateral lunge is one of the best exercises for building lateral stability and mobility in the often neglected frontal plane. The side lunge also improves the mobility and stability of your hips, knees and ankles to avoid related strains and sprains. By strengthening the muscles involved in lateral movement with side lunges, you can accomplish these chores more efficiently while reducing your risk of muscle strain or injury. Training with side lunges can increase your lateral movement strength, enhance your mobility and boost your confidence to be more adventurous outdoors. The side or lateral lunge strengthens the quadriceps, hamstrings, glutes, adductors and core to help you ward off injuries.

Persons: Dana Santas Organizations: Pain, CNN

☆ Supreme Court to hear Trump immunity claim in election interference case
▼ + stars: | 2024-04-25 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +2 min

The Supreme Court on Thursday is set to consider whether former President Donald Trump is immune from federal prosecution on criminal election interference charges. Along with Smith's case in Washington, D.C., Trump is charged in Georgia with attempting to reverse his loss to Biden in that state's 2020 contest. Trump will not be at the Supreme Court to hear the oral arguments because he is required to attend his New York criminal trial. ET before the nine justices, three of whom were nominated by Trump during his one term as president. The Supreme Court agreed to take up the case after two lower courts rejected Trump's claim that he is immune from the indictment being prosecuted by Smith.

Persons: Donald Trump, Jack Smith's, Joe Biden, Trump, Smith Organizations: Defense Department, HHS, White, Trump, Washington , D.C, Biden, Supreme Locations: Washington , U.S, Washington ,, Georgia, Manhattan, York

☆ Here are Wednesday's biggest analyst calls: Tesla, Amazon, Airbnb, Domino's, Walmart, Disney & more
▼ + stars: | 2024-04-24 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Bernstein reiterates Tesla as underperform Bernstein said it still sees minimal positive catalysts ahead for Tesla following earnings on Tuesday. Bank of America upgrades Tesla to buy from neutral Bank of America said it sees a slew of "positive catalysts" ahead for Tesla shares following earnings on Tuesday. Citi downgrades Molson Coors to sell from neutral Citi said it's concerned about slowing growth. Citi upgrades SiriusXM to neutral from sell Citi said the risk/reward is now more balanced. Citi reiterates Amazon as buy Citi raised its price target on the stock to $235 per share from $215.

Persons: Piper Sandler, Piper, Bernstein, Tesla, underperform Bernstein, KBW, Wells, Citi downgrades Molson, it's, Oppenheimer, Domino's, it's bullish, DPZ, SIRI, Morgan Stanley, Morgan Stanley it's, GenAI, Guggenheim, Enphase, Jefferies Organizations: Tesla, Mizuho, Bank of America, of America, Packaging Corporation of America, Citi downgrades, Citi downgrades Molson Coors, Citi, TAP, Deutsche Bank, Deutsche, Computer, Micro, Sea Limited, fintech JV, Amazon, Disney, Atlanta Braves, Braves, Microsoft Locations: Singapore, BNPL

☆ CEOs share the 3 kinds of toxic employees you never want to be: 'Have some honesty about it'
▼ + stars: | 2024-04-23 | by ( Ashton Jackson | ) www.cnbc.com time to read: +2 min

So, whether you want help recognizing the toxic employees around you — or you'd like to avoid becoming one yourself — watch out for these three red flags, CEOs say. The entitled employeeDon't ever act like you're owed a promotion or raise, says Tom Gimbel, CEO of staffing and recruiting firm LaSalle Network. "[People who say] 'I'm only going to do what's in my job description, I'm not going the extra mile, I'm not going to commit time to this' and expect to be rewarded" aren't desirable employees, Gimbel tells CNBC Make It. Sometimes, employees are caught off-guard when colleagues with less tenure get promoted first, but time alone doesn't entitle anyone to a promotion. When the employee turned in the work, it contained a noticeable error — and they blamed Fox, saying her instructions were unclear.

Persons: Tom Gimbel, I'm, Gimbel, Talia Fox, Fox Organizations: Society of Human Resource Management, LaSalle Network, CNBC, KUSI

☆ The electric car revolution is on track, says IEA
▼ + stars: | 2024-04-23 | by ( Hanna Ziady | ) edition.cnn.com time to read: +4 min

“The continued momentum behind electric cars is clear in our data, although it is stronger in some markets than others,” IEA executive director Fatih Birol said in a statement. Last year, global EV sales grew 35% to almost 14 million. “Intensifying market competition and improving battery technologies are expected to reduce (EV) prices in the coming years,” the IEA said. “Growing electric car exports from Chinese automakers, which accounted for more than half of all electric car sales in 2023, could add to downward pressure on purchase prices,” it added. By 2030, almost one in three cars on the roads in China is set to be electric, according to the IEA.

Persons: —, Tesla, “, Fatih Birol, China’s BYD, Brandon Bell, EVs, ” Birol Organizations: London CNN — Global, International Energy Agency, IEA, Li, Getty, European Union, EV, Volkswagen, Audi, BMW Locations: China, Chinese, Germany, United States, Austin , Texas, EVs, Europe

☆ Fed officials cast more doubt on the timing of rate cuts this year
▼ + stars: | 2024-04-18 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

Read previewFederal Reserve officials heaped more doubt on the timing of rate cuts this year, echoing Chair Jerome Powell in stating that the path to 2% inflation looks uncertain. The Fed has projected three rate cuts to come by the end of 2024. Fed Chair Powell suggested earlier in the week that rate cuts could be delayed, causing stocks to slide. Inflation risks haven't been lost on investors, who have been steadily dialing back their expectations for Fed rate cuts over the last few months. Markets are now expecting just one or two rate cuts by the end of the year, according to the CME FedWatch tool, down from six cuts that were anticipated at the start of 2024.

Persons: —, Jerome Powell, Loretta Mester, Mester, Michelle Bowman, Bowman, John Williams, It's, Williams, Powell, haven't Organizations: Service, Cleveland Fed, Business, York Fed

☆ What does Goldman Sachs want in a coder? For them to have studied philosophy
▼ + stars: | 2024-04-18 | by ( Bianca Chan | ) www.businessinsider.com time to read: +5 min

Read previewArtificial intelligence is redefining what it takes to be a software engineer on Wall Street. A typical software developer holds a computer science degree. Goldman Sachs' chief information officer, Marco Argenti, recently encouraged his daughter, a college student, to concentrate her education on philosophy if she wants to pursue a career in engineering. AdvertisementZafar said he's paying more attention to people with "a computer science degree and an English minor," or "a psychology major and a computer science minor." Advertisement"That software engineer might get replaced by a sort of prompt engineer," Vyas said.

Persons: —, Goldman Sachs, Marco Argenti, Argenti, he's, it's, Citi's, Shadman Zafar, Zafar, Jensen Huang, Ken Griffin, Deepali Vyas, Korn, Vyas Organizations: Service, Wall, Business, Harvard, Amazon Web Services, Nvidia, World, Citadel Locations: Dubai

☆ Netflix gained 9.3 million subscribers this year as it adjusts streaming strategy
▼ + stars: | 2024-04-18 | by ( Samantha Delouya | ) edition.cnn.com time to read: +6 min

CNN —Netflix, the dominant player in streaming, says it grew sales, profits and added more than 9 million subscribers as it revealed first-quarter results on Thursday. In total, Netflix now has 269.6 million subscribers, a record high. In recent months, Netflix has made moves to expand and even radically reinvent its business in an effort to juice profit. In January, Netflix announced it had acquired the exclusive rights to "WWE Raw" live, currently seen on Comcast's USA cable network. In January, Netflix’s president of advertising, Amy Reinhard, shared that Netflix’s ad-tier had more than 23 million users.

Persons: ”, eMarketer, Ross Benes, Wall, Peacock, ” Alicia Reese, “, Greg Peters, ” Reese, Reese, Robert Falconer, Amy Reinhard, Peters, We’ve Organizations: CNN, Netflix, Disney, Max, Warner Bros, City, Wedbush Securities, WWE, USA, Rockstar Locations: Hulu, United States

☆ Netflix is the dominant streaming service. So why is it changing its model?
▼ + stars: | 2024-04-18 | by ( Samantha Delouya | ) edition.cnn.com time to read: +5 min

CNN —Netflix, the dominant player in streaming, is expected to announce its first-quarter results on Thursday after enjoying months as a Wall Street darling. But much of the company’s past growth and success, analysts say, has come from its old, well-established business model. In recent months, Netflix has made moves to expand and even radically reinvent that business. Last year, Netflix made a particularly risky bet by pushing users who share passwords to create their own accounts — but that paid off. Netflix’s reinventionFor Netflix, last month’s Oscars were a disappointment: Though the streaming service led its rivals in nominations, it took home just one award, for best live-action short film.

Persons: Peacock, ”, Ross Benes, ” Alicia Reese, “, Greg Peters, ” Reese, Reese, Robert Falconer, Amy Reinhard, “ I’m, Peters, We’ve Organizations: CNN, Netflix, Disney, Max, Warner Bros, City, Wedbush Securities, WWE, USA, Rockstar Locations: Hulu, eMarketer, United States

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