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Chaos at OpenAI ensues
  + stars: | 2023-11-21 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +9 min
In today's big story, we're looking at the continued fallout from the shocking Sam Altman ouster at OpenAI. Altman is alive and well, but his run as CEO of OpenAI ended abruptly on Friday. But in the days since his firing, he's escaped a messy weekend looking like the ultimate hero, Business Insider's Katie Notopoulos writes. To be fair, Microsoft CEO Satya Nadella and OpenAI CEO Emmett Shear don't seem to know why either. Meanwhile, Salesforce's Marc Benioff is already actively recruiting OpenAI employees on X.
Persons: , Sam Altman, Altman, OpenAI, he's, Katie Notopoulos, Altman isn't, Ilya Sutskever —, Sutskever, Kali Hays, Satya Nadella, Emmett Shear, Satya Nadella Stephen Brashear, Julie Bort, Microsoft's Nadella, Nadella, that's, Madeline Renbarger, That's, It's, Kali, Ashley Stewart, Salesforce's Marc Benioff, Scott Olson, Bridgewater's, Greg Jensen, Jim Chanos, Elon, New York Jefferson Siegel, Nvidia's, Jensen Huang, execs, Elon Musk, Linda Yaccarino, Arantza Pena Popo, Camila Téllez, Melkorka, Téllez, Carly Rae Jepsen, Björk, Colleen Ballinger, Clinton, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, Microsoft, Getty, BlackRock, Reuters, Nvidia, Elon, HP, Nordstrom, Clinton Lee Locations: OpenAI, Silicon Valley, Bridgewater, New York, Texas, Millennials, New York City, San Diego, London
The Moline, Illinois-based company posted a 60% rise in quarterly profit, yet investors were seemingly unimpressed as shares slumped for the world's largest farm equipment maker. While it easily beat profit expectations, Deere's stock slump is consistent with other cyclical companies that have outperformed estimates. Deere expects 2023 net income between $9.75 billion and $10.00 billion, up from its previous outlook of $9.25 billion to $9.50 billion. Construction and forestry equipment sales increased 14% on solid demand backdrop fueled by U.S. President Joe Biden administration's $1 trillion infrastructure deal. Sales from equipment operations rose about to $14.28 billion compared to $13 billion a year ago.
Persons: Bianca Flowers, Deere, Kristen Owen, Owen, Jerry Revich, Goldman Sachs, Joshua Jepsen, Joe Biden administration's, Vinay Dwivedi, Elaine Hardcastle, Marguerita Choy Organizations: Deere, Co, REUTERS, Oppenheimer, Co Inc, Goldman, Deere's, U.S, Thomson Locations: Bondurant , Iowa, U.S, Moline , Illinois, Chicago, Bengaluru
So why are stars with the means to hide away suddenly out and about in unexpected public places? Something to sip on…David Letterman visits a Hy-Vee store in Iowa on Friday, July 21, 2023. From Hy-VeeDavid Letterman could totally have been forgiven for visiting Des Moines, Iowa, recently and staying in his hotel room. Instead, the former late-night host was bagging groceries at a Hy-Vee grocery store and using his famous voice on the store’s PA system. “Yellowstone” creator Taylor Sheridan has recruited some heavy hitters for his action thriller series “Special Ops: Lioness,” about a special forces unit led by a tougher-than-nails CIA operative named Joe played by Zoe Saldaña.
Persons: Keyser, , David Letterman, Vee David Letterman, Letterman, Rahal Letterman Lanigan, Lana Del Ray, , Ed Sheeran, Symoné, Rodin Eckenroth, Miranda Maday, Keke Palmer, Carly Rae Jepsen, Mike Pont, Carly Rae Jepsen’s, it’s, Jepsen, “ It’s, “ There’s, Can’t, … Zoe Saldana, Joe, Greg Lewis, Taylor Sheridan, Zoe Saldaña, Nicole Kidman, Morgan Freeman Organizations: CNN, Hy, Vee, Waffle, Air & Space Museum, Getty, Paramount, Yellowstone Locations: Iowa, Des Moines , Iowa, , Alabama, Nashville, Los Angeles , California, America, New York City
The track list — featuring song titles like “I Hate Love,” “My Mistake” and “Red Flag Collector” — practically screamed divorce, babe, divorce. But Clarkson, 41, said she wanted “Chemistry” to depict a full arc of a relationship, including its high points. (A remix by David Guetta kicks the song into an even higher gear.) The slower, sultry “Magic” addresses a more long-term devotion: “Magic takes time, and I’ve got my sights and they’re set on you,” she sings breathily. Clarkson delivers these vocals with her signature virtuosity, but she doesn’t quite inhabit these relatively faceless songs as fully as she does when she’s singing about love gone wrong.
Persons: Adele, Simon Konecki, , Kelly Clarkson —, , Clarkson, Brandon Blackstock, Jesse Shatkin, Carly Rae Jepsen, David Guetta, I’ve
If you're already in the UK, you can watch loads of Glastonbury across the BBC on broadcast TV. How to watch Glastonbury in the UKCoverage is spread across multiple BBC channels on TV throughout the weekend. How to watch Glastonbury live stream from anywhere for freeIf you try to live stream Glastonbury via the iPlayer from abroad, you'll find you're geo-blocked due to your location. So yes, before we get into my Wicker Man story…How to live stream Glastonbury with a VPNSign up for a VPN if you don't have one. Watch live and on-demand footage.
Persons: you'll, ExpressVPN, Elton John, Michael Eavis, I've, Carley Rae Jepsen, Maisie Peters, Sparks, Fred, Raye, Jacob Collier, Rick Astley, Tom Grennan, Lewis Capaldi, Lizzo, Boy Slim, Christine, Blondie, Yusuf, Cat Stevens, Becky Hill, Elton John BBC Organizations: Glastonbury, BBC, Young, Rick Astley BBC, Blondie BBC Locations: Glastonbury, Texas, Queens
Alex Akmal and her partner, Alex, along Memorial Union Terrace on Lake Mendota. In the case of Gen Z, one move often begets another, according to one demographer. Gen Z bonds have been cemented even more because many young people are delaying marriage and having children, the center found. After her studies, she said she might move to Washington, D.C., an even larger Gen Z hangout with those offerings and more. Cities must evolve for the futureFor whatever reason they are coming to these cities, these Gen Zers are here to stay.
Alex Akmal moved to Madison, Wisconsin, from Missoula, Montana, after graduating from college. What sold her on the city was a great job offer, its college town flair, and its affordability. It's a college town, and it's an awesome place. When I was finishing college, I decided wherever I end up, it needs to be a college town or have a major college in it. Madison, Wisconsin.
Gen Z is moving in droves to college towns after they get their degree. Alex Akmal and her partner, Alex, along Memorial Union Terrace on Lake Mendota. Gen Z bonds have been cemented even more because many young people are delaying marriage and having children, the center found. After her studies, she said she might move to Washington, D.C., an even larger Gen Z hangout with those offerings and more. For whatever reason they are coming to these cities, these Gen Zers are here to stay.
Critical decisions made as CFO: Mr. Jepsen allowed the company to incur higher costs to expedite shipping for parts to factories and deliveries to customers. Enphase faced pressure last year from higher costs and the effects of a strong U.S. dollar. Ken Jacobson, CFO of Avnet Photo: AVNET INC.Ken Jacobson, Avnet Inc.Age: 45Career path: Mr. Jacobson, who had previously served as interim CFO from 2017 to 2018, stepped in officially as CFO in September. Mr. Jacobson says Avnet’s interest expenses on its debt have almost tripled over the past year. While there was some attrition in the beginning, it hasn’t been as bad as other companies, Mr. Jacobson said.
London CNN —The number of bank robberies in Denmark fell to zero last year, as beefed-up security and reduced use of cash in the Nordic country make holdups less lucrative. In 2021, Denmark had just one bank robbery, according to data from Finance Denmark, an industry group for lenders. Increased camera surveillance, improved alarm systems and stronger cooperation with the police have helped to bring the number down, according to Michael Busk-Jepsen, director of digitalization at Finance Denmark. Of around 800 bank branches in Denmark, only about 20 still have staff handling deposits and withdrawals, Busk-Jepsen told CNN. Cash withdrawals have fallen by about 75% over the last six years, Bloomberg reported, citing central bank data.
NEW YORK, Dec 6 (Reuters) - For much of Wall Street, trading this year has been like riding a wild roller coaster. For thousands of employees of Citadel and Citadel Securities, the hedge fund and trading business founded by Ken Griffin, last weekend was spent riding the real things. This year is shaping up to be a record for Citadel and Citadel Securities, Ahmed confirmed. Across Wall Street, firms are preparing for leaner times by cutting jobs and bonuses, while many Americans are struggling with rising prices for food, gasoline and rents. After the 2008 financial crisis, Wall Street firms that were criticized for their excesses have sometimes shied away from lavish gatherings or held them in private.
NEW YORK, Dec 6 (Reuters) - For much of Wall Street, trading this year has been akin to riding a wild roller coaster. This year is shaping up to be a record for Citadel and Citadel Securities, the spokesman confirmed. The Citadel Global Fixed Income Fund is up 28.1% for the year, while Citadel Tactical Trading is up 22.4% and Citadel Equities Fund is up 17.8%, an investor said. Across Wall Street, firms are preparing for leaner times by cutting jobs and bonuses. After the 2008 financial crisis, Wall Street firms that were criticized for their excesses have sometimes shied away from lavish gatherings or held them in private.
Billionaire Ken Griffin treated Citadel employees and their families to a weekend at Disney World. The 20th-anniversary event for Citadel Securities is one of many lavish events for the firm. This weekend, founder Ken Griffin treated Citadel and Citadel Securities' employees and their partners and children to an all-inclusive weekend in Disney World. The Disney World extravaganza was the 20th-anniversary celebration of market maker and trading firm Citadel Securities, and a belated event for hedge fund Citadel's 30th anniversary, which was in 2020. Citadel employees and families gathered at the Orange County Convention Center in Orlando, Florida on Saturday night for a party that featured a concert headlined by Coldplay.
A man pauses outside of the New York Stock Exchange (NYSE) on January 15, 2016 in New York City. While they aren't internally announced and paid until early next year, firms are wrapping up discussions about the size of bonus pools that divisions will be able to disperse from. And for many firms, the pools are being resized from Olympic to kiddie. The Financial Times reported Friday that JPMorgan Chase, Citigroup, and Bank of America are considering cutting bonus pools within M&A and IPO teams by 30%. More on how crypto firms are hoping ads can quell trust concerns.
No judgment if Halloween is your thing, but I don’t like to be scared so I don’t indulge. Three things to watch‘The Surreal Life’The new cast of "The Surreal Life" sit down for dinner -- and some heated conversation -- in a scene from the VH1 show. From VH1/YouTubeI should probably start by mentioning that Dennis Rodman likes to walk around the house in which he filmed the new season of “The Surreal Life” naked. ‘The White Lotus’ Season 2(From left) Will Sharpe, Aubrey Plaza, Meghann Fahy and Theo James in a scene from season 2 of "The White Lotus" on HBO. And not to give too much away, but there’s a cool scene in season two which addresses binge-watch culture.
(video) Recomandări de la Mircea, fără spoilere: cinci seriale de investigație care te vor ține cu sufletul la gurăInițial, serialul s-a afirmat ca un vasal al filmului, al cărui scop era în mare parte doar să distreze lumea. Chiar dacă a evoluat mult, serialul a reușit să-și păstreze convenția: nici până astăzi nu e neapărat să fie bun la toate capitolele pentru a fi privit de milioane de oameni. Împreună vor să dezvolte un domeniu de investigație inovator, care încorporează psihologia, antropologia și sociologia, ca metodă de a dezvălui motivul crimei. În rest, te asigur că vei avea o călătorie frapantă în lumea complicată a agenților și a minților sociopate, pe Netflix. Un caz real despre care a fost scrisă o carte și despre care a fost realizat acest miniserial captivant, informativ, dar puțin cam exagerat.
Persons: Mircea, Tobias Lindholm, Jens Møller, Jakob Buch, Kim Wall, Anakin Skywalker, Nicole Kidman, Hugh Grant, Grace Fraser, Noah, Fraser ., Grace, Jonathan Groff, Bill Lin, Holt, Wendy Carr, Anna, David Fincher, Netflix, David Budd, David Madden, Julia Montague, Montague, Budd, Statele Unite . Dr . Nancy Jaax, Peter Jahrling, Wade Carter, Liam Cunningham Organizations: Wars, HBO, FBI Holden Ford, BBC, National Geographic, Armatei SUA Locations: New York, britanic, Statele Unite, Filipine, SUA
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