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(Aside from Chinese workers, Chinese restaurant owners in Chinatown also hire many Latino and Southeast Asian immigrants.) Last month, the owners of the Sichuanese restaurant agreed to pay 22 employees $1.61 million in a hefty wage theft settlement, including nearly $600,000 in tips that the workers say were withheld from them. They’re just driven to make the most money possible.”In Boston, three local Chinese grocery stores were ordered in May to pay nearly $1 million for alleged wage theft and other labor violations. Two years earlier, the Chinatown restaurant Happy Lamb Hot Pot reached a wage theft settlement of nearly $900,000 with 14 former employees. In 2014, some 300 employees organized and won a record $4 million wage theft settlement against Yank Sing, a storied dim sum parlor that won a James Beard Award in 2009.
Persons: John Wang, Wang, , what’s, ” Wang, , Shaw San Liu, Seth Weisburst, , Palyn Hung Mitchell, Joy Luck, they’ve, Patrick Mock, They’ve, Sarah Anh, They’re, Happy, Karen Chen, ” Liu, Liu, Yank Sing, James Beard, ” Hung Mitchell Organizations: NBC Asian, , New York Federal Reserve, Chinese Progressive Association, Department, Asian Law Caucus, NBC, Flushing Workers Center Locations: San Francisco’s Chinatown, China, Taiwan, NBC Asian America, Chinatown, , New York City, Flushing, New, Boston, San Francisco
The two best teams in baseball are the San Francisco Giants and Los Angeles Dodgers. That’s been clear all summer, and it’s even more obvious now when there are two weeks left in the season and they’re both on pace to win about 104 games. It would be the first time two clubs in the same league finished with that many victories since 1942. Yet when October rolls around, either the Giants or Dodgers will be forced to play in the do-or-die wild-card game against a far inferior opponent. After dominating the competition for six months, the fate of one of these squads will come down to nine innings—all because of geography and the quirks of MLB’s postseason structure.
Persons: That’s Organizations: San Francisco Giants, Los Angeles Dodgers, Giants, Dodgers
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Organizations: Wall Street
There appears to be no sailing around the breathtaking backup of container ships off the jammed ports of Los Angeles and Long Beach. The neighboring California ports are the principal seaborne gateway to the U.S. thanks to the growth of containerization over the past 60 years and an explosion in goods trade, particularly U.S. trade with China. Smaller ports like Oakland and Seattle can handle just a fraction of the containers processed at the ports of Los Angeles and Long Beach. In recent weeks, the Port of Savannah has had 20 or more ships at anchor waiting for a berth. Companies that mitigated risk by shipping through alternative ports have found themselves snarled by the Southern California congestion in other ways, too.
Persons: , Nathan Strang, Justin Sullivan, Craig Grossgart, Sri Laxmana, Bjorn Vang Jensen, Griff Lynch, Jordan Haws, Paul Berger Organizations: Sunday, Marine Exchange, Flexport Inc, Shipping, Seko Logistics, Robinson Worldwide Inc, “ Shipping, Intelligence ApS, Georgia Ports Authority, Companies, Malouf, Port Houston, Paul.Berger Locations: Los Angeles, Long Beach, Southern California, Pedro Bay, San Francisco, U.S, California, China, New York, New Jersey, The California, Port of Oakland, Oakland, Seattle, Long, Chicago, West Coast, Angeles, L.A, Itasca, Ill, North America, Gulf, East Coast, Asia, Coast, Denmark, Port, Savannah, Georgia, Logan , Utah, Pacific
FILE PHOTO: Crew members stand near an Airbus A321 aircraft of Bamboo Airways before a flight at Noi Bai airport in Hanoi, Vietnam January 16, 2019. REUTERS/KhamHANOI (Reuters) - Vietnam’s Bamboo Airways will sign a deal valued at nearly $2 billion with General Electric to purchase GEnx engines to power Boeing 787-9 Dreamliner aircraft, the airline said on Tuesday. The deal will be signed in the United States later on Tuesday in the presence of Vietnam President Nguyen Xuan Phuc, Bamboo said in a statement. Bamboo said it aims to finalise procedures for non-stop commercial flights to the United Sates early next year, pending government approvals. Bamboo said it is also seeking to expand its international flight network and open more routes to Australia, the United Kingdom and Germany, using its Boeing 787-9 Dreamliner aircraft.
Persons: Nguyen Xuan Phuc, Bamboo Organizations: Airbus, Bamboo Airways, REUTERS, General Electric, Boeing, San Francisco International Airport, Los Angeles International Airport Locations: Noi Bai, Hanoi, Vietnam, Kham HANOI, United States, Australia, United Kingdom, Germany
Crew members stand near an Airbus A321 aircraft of Bamboo Airways before a flight at Noi Bai airport in Hanoi, Vietnam January 16, 2019. REUTERS/KhamHANOI, Sept 21 (Reuters) - Vietnam's Bamboo Airways will sign a deal valued at nearly $2 billion with General Electric (GE.N) to purchase GEnx engines to power Boeing 787-9 Dreamliner aircraft, the airline said on Tuesday. The deal will be signed in the United States later on Tuesday in the presence of Vietnam President Nguyen Xuan Phuc, Bamboo said in a statement. Bamboo said it aims to finalise procedures for non-stop commercial flights to the United Sates early next year, pending government approvals. Bamboo said it is also seeking to expand its international flight network and open more routes to Australia, the United Kingdom and Germany, using its Boeing 787-9 Dreamliner aircraft.
Persons: Nguyen Xuan Phuc, Bamboo, Tom Hogue, Ed Davies Organizations: Airbus, Bamboo Airways, REUTERS, General Electric, Boeing, San Francisco International Airport, Los Angeles International Airport, Thomson Locations: Noi Bai, Hanoi, Vietnam, Kham HANOI, United States, Australia, United Kingdom, Germany
But are their efforts going to benefit humanity as a whole or just an elite few? Tech investor Jaan Tallinn, the co-founder of Skype, told CNBC that Silicon Valley's quest to live forever will eventually benefit humanity as a whole. "I think involuntary death is clearly morally bad, which makes the quest for longevity a morally noble thing to engage in," Tallinn said. Jon Crowcroft, a computer science professor at Cambridge University, told CNBC they'd be better off pumping more of their billions into climate change mitigation technologies instead of longevity research. But Tallinn told CNBC he finds the tech billionaire's efforts to support longevity research "commendable."
Persons: Jeff Bezos, Shepard, Alfred Lord Tennyson, Larry Page, Oracle's Larry Ellison, Palantir's Peter Thiel, Stefan Schubert, Sean O hEigeartaigh, Ó hÉigeartaigh, Ó, Jon Crowcroft, CNBC they'd, Bezos, Elon Musk, Yuri Milner, Ellison, Sergey Brin, Calico, Thiel, Donald Trump's, Peter Thiel Organizations: Technologies, London School of Economics, Political Science, CNBC, Tech, Jaan, Skype, Cambridge University's Center, Cambridge University, Tallinn, Altos, MIT Technology, Facebook, Oracle, Google, PayPal, PayPal Inc, VCG, Methuselah, Yorker, Unity Biotechnology Locations: Jaan Tallinn, Tallinn, Russian, New Yorker, San Francisco
After reading the script for "The Social Network," Peter Thiel didn't like how the film portrayed him. But for some Thiel fellows, the program ended up being "disastrous," according to a new biography about the billionaire entrepreneur and venture capitalist. The staff failed to act quickly enough to help either of them, past fellows told Chafkin. I just need someone to hang out with," one Thiel fellow told Chafkin. One fellow told Chafkin that "they'd come to regard their time with Thiel not as some profound intellectual exercise, but rather, 'a super-smart PR move.'"
Persons: Peter Thiel didn't, Max Chafkin, Peter Thiel, , Thiel, Caroline Tompkins, Aaron Sorkin's, Zuckerberg, Chafkin, Thiel Fellows Organizations: Social Network, Service, Silicon, Caroline Tompkins and Penguin Press, TechCrunch, MIT, Harvard, Yale, Stanford, Fund, Thiel Locations: California, San Francisco, Silicon, Silicon Valley
Uber shares up 6% as it revises its outlook higher
  + stars: | 2021-09-21 | by ( Sam Shead | )   time to read: +1 min
Uber on Tuesday revised its financial outlook for the third quarter, with bookings and adjusted earnings now expected to be better than first reported. Gross bookings for the second quarter came in at $21.5 billion, with mobility accounting for $8.6 billion and food delivery accounting for $12.9 billion. "They say that crisis breeds opportunity and that's certainly been true of Uber during the last 18 months," Uber CEO Dara Khosrowshahi said in the filing. Shares of the company were up around 6% in the premarket trade on the New York Stock Exchange. Uber previously said it expected its adjusted EBITDA for the third quarter to be better than a loss of $100 million.
Persons: Uber, Gross, Dara Khosrowshahi Organizations: SEC, New York Stock Exchange Locations: San Francisco
Uber (UBER) — Uber shares rose 5.7% in the premarket after the ride sharing company revised its financial outlook higher for the third period. Johnson & Johnson (JNJ) — Johnson & Johnson shares gained 0.8% in early morning trading after the pharmaceutical company said its Covid-19 booster shot is 94% effective when administered two months after the first dose in the U.S. Enphase Energy (ENPH) — Enphase Energy shares rose 1.8% in early morning trading after KeyBanc initiated coverage of the stock with an overweight rating. Vail Resorts (MTN) — Vail Resorts shares added 1.7% in the premarket after KeyBanc upgraded the stock to overweight from sector weight. Big Lots (BIG) — Shares of Big Lots fell 1.3% in early morning trading after Piper Sandler downgraded the retailer to neutral from overweight.
Persons: — Uber, Johnson, — Johnson, KeyBanc, Vail, Piper Sandler Organizations: Uber Technologies Inc, SEC, U.S, Apple, Journal, Chevron, Exxon Mobil, Enphase Energy, Vail Resorts, MTN Locations: San Francisco , California, U.S
As we welcome Afghan refugees, fear-mongering language instead of policy debate only causes harm. When I left the church, my phone began buzzing: A friend was asking about news reports of police and National Guard from red states being sent to the Texas border. After meeting with El Paso community members after citizens of his state were slaughtered in 2019, Abbott issued a rare admission of guilt. The El Paso shooter was himself directly inspired by the Christchurch, New Zealand terrorist, who shot 51 predominantly Muslim people to death in two mosques. Likewise, when it comes to the border, politicians like Abbott have a right to argue in favor of decreased immigration and increased border enforcement.
Persons: Abbott, Jack Herrera, I'm, I've, Greg Abbott, Doug Doucey, Dan Patrick, Patrick, — Abbott, Renauld Camus, Donald Trump, Stephen Miller, Miller, Tom Cotton, Biden, Cotton Organizations: Texas Gov, Service, San Francisco's Mission, National Guard, Texas, Arizona, El, Walmart, Taliban, Cato Institute Locations: Southern, San Francisco's, El Paso, Texas, El, Europe, Rio Grande, Taliban, Christchurch , New Zealand, Christchurch, New Zealand, Afghanistan, United States, Afghan, California
Fearing that growth in California’s solar power sector could grind to a halt, the association representing the industry has filed a lawsuit against the state over a new requirement that installers be “certified electricians.”In the lawsuit filed on Friday, the California Solar and Storage Association asked the Superior Court of California in San Francisco to overturn the rule changes and allow the current training standards to remain in place for those who install increasingly popular solar panels and battery systems. “This is devastating to California’s solar industry and the state’s ability to build a clean energy future,” Bernadette Del Chiaro, executive director of the association, said in an interview. “What they’re saying is, this stuff is so dangerous that only certified electricians can do it. We don’t have any evidence, a shred of evidence, that there’s a problem.”Ms. Del Chiaro said the new rules would affect hundreds of solar companies in the state and 35,000 workers. And with electricians already in high demand for construction projects and other services, finding enough people who meet the requirement, she said, will make it nearly impossible for solar and battery companies to deliver their products.
Persons: ” Bernadette Del Chiaro, Ms, Del Chiaro Organizations: , and Storage Association, Superior, of Locations: California, of California, San Francisco
LONDON — Klarna will likely wait for volatility in the stock market to settle before solidifying plans for an initial public offering, CEO Sebastian Siemiatkowski has told CNBC. "The volatility in the market right now makes me nervous to IPO to be honest," Siemiatkowski told CNBC's Karen Tso at the London Tech Week conference on Monday. Last privately valued at $46 billion, Klarna is by far the most valuable "pure play" BNPL firm. As for where Klarna could eventually go public, Siemiatkowski says it hasn't yet decided on a location. He said he likes the London market due to "the amount of expertise and the quality of the regulators" and "the fact that the U.K.'s a neutral place in the world."
Persons: Sebastian Siemiatkowski, Siemiatkowski, Karen Tso, Worldpay, Klarna's, Snoop Dogg Organizations: CNBC, London Tech, FIS, Square, Ant Locations: Worldpay, San Francisco, London
But it has become ensnared in partisan politics, with Republicans refusing to allow a debt ceiling increase at a time when Democrats control Congress and the White House. Mr. Biden will argue that a lot has, and insist he is not spinning toward a Cold War with China. The allies recognize, of course, the differences between Mr. Biden and Mr. Trump. But in conversations over the past two weeks, they say they have new concerns about the United States. Al Sharpton, who said he was nervous that Mr. Biden would not follow up his lofty statements and speeches with action.
Persons: Mitch McConnell, Roy Blunt, John Barrasso, John Thune, Joni Ernst, Al Drago, , Rosa DeLauro, Mitch McConnell of, McConnell, Trump, Biden, Doug Mills, Biden’s, Donald J, , Mr, ’ ’ Jen Psaki, Emmanuel Macron, , António Guterres, Scott Morrison of Australia, Xi, Kenny Holston, I’m, Al Sharpton, ” Mr, Sharpton, Read, Kiana, , Fort, Camp Atterbury, ‘ don’t, Jim Wilson, Barack Obama, Kayla Williams, Ms, Williams, McDonough, Denis R, “ Don’t, Bill Clinton, Acuna, Paul Ratje, D.H.S, ” D.H.S, Jen Psaki, Alejandro N Organizations: Capitol, ., The New York Times, Republicans, Treasury Department, White, Democratic, Treasury, Republican, Democrats, General, Video, Credit, New York Times, General Assembly, Bowl, Trump, United Nations, Assembly, Senate, The New York, Disease Control, White House, United States, Dulles International, Virginia Department, Health’s, Marine Corps Base, Holloman Air Force Base, Joint, McGuire, Dix, Veterans, New York Times Veterans, Department of Veterans Affairs, Public, Intergovernmental Affairs, Security, United States Border Patrol, Acuna Del, AFP, . Border Patrol, Department of Homeland Security, Twitter, Border Patrol, Al, U.S . Department of Homeland Security Locations: . Credit, United States, Connecticut, Mitch McConnell of Kentucky, Afghanistan, Afghan, China, Kabul, France, America, New York, Australia, U.S, Beijing, Washington, United, Virginia, Marine Corps Base Quantico, Fort Lee, Fort Pickett, New Mexico, Fort McCoy, Wisconsin, Fort Bliss, Texas, Lakehurst, New Jersey, Indiana, San Francisco, Rio Grande, Acuna Del Rio, Del Rio , Texas, Mexico, Rio, Al Jazeera, White, Del Rio
S&P 500 - % Dow - % Nasdaq - %Stocks begin to stabilize after a rout set off by China’s property market woes. The global growth outlook for 2021 was revised down slightly to 5.7 percent, from 5.8 percent. Erin Woo Despite having signed an N.D.A., Gangakhedkar printed out some documents and took them home when she left Theranos. Erin Woo Cheung said they were constantly having to recalibrate the machines, which made results take 2-3 days rather than the couple hours promised. Erin Woo Cheung just said she “became concerned about a month in” with the vitamin D samples, in November of 2013.
Persons: Ng Han Guan, Evergrande, hadn’t, ” Lauren Goodwin, , ” Joseph Kalish, Ned Davis, Andy Wong, China Evergrande, Xu Jiayin, , Zhiwu Chen, Adnan Abidi, ” Laurence Boone, Boone, Ms, ” Read, Fortune, Alyson Shontell, Roy Rochlin, Shontell, Alan Murray, “ Alyson, Shontell’s, Clifton Leaf, Brian O’Keefe, Sally Buzbee, Julie Pace, Axios, Sara Kehaulani Goo, Aja Whitaker, Moore, Taylor Swift, Drake, Billie Eilish, Mario Anzuoni, Lucian Grainge, Bob Dylan’s, William A, Vincent Bolloré, Read, Philip Cheung, ” Bernadette Del Chiaro, Del Chiaro, Joyia, Arnold Schwarzenegger’s, Biden’s, Audra Melton, Peter S, Goodman, Samuel Darguin, Elizabeth Holmes, Erin Griffith, Erin Woo, , Judge Davila, — Erin Griffith, Gangakhedkar, Holmes, Balwani, Cheung, Surekha Gangakhedkar, Erin Woo Cheung, she’d, Erin Woo Erika Cheung, We’re, Erika Cheung, Erin Griffith That’s, S., O.P., ory Organizations: Dow, Associated Press, Nikkei, Mizuho, New York Life Investments, Federal, Republicans, Ned, Ned Davis Research, Democratic, Associated, Beijing, University of Hong, Reuters, Organization, Economic Cooperation, Development, Business, Washington Post, Vivendi, Universal, Reuters Vivendi, Music, Apple, Spotify, Facebook, Pershing, Universal Music, Securities and Exchange Commission, The New York Times, , and Storage Association, Superior, of, Contractors State, Gov, Energy Department, Utilities, California Public Utilities Commission, Credit, Factories, Haitian American Caucus, Google, Coast, Royal Dutch Shell, ConocoPhillips, Shell, Chesapeake Energy, Activision Blizzard, Activision, Stanford University, Twitter, Walgreens Locations: Beijing, China, Europe, Asia, Hong Kong, Japan, University of Hong Kong, New Delhi, U.S, Paris, United States, Germany, France, Italy, Spain, Clifton, Billie Eilish ., Amsterdam, Tencent, California, Los Angeles, of California, San Francisco, Alabama, Haiti, New York, Manhattan, Hudson, St, piecing,
This abridged version of the new hire deck outlines Lyft's culture, core values, and mission. Emily Nishi, CPO, said orientation shows employees how to maximize their experience. For a day-and-a-half, these employees get to know each other and the company in an interactive introduction to life at Lyft. The new version of orientation is designed to "bring our core values and our mission to life," she added. Nishi emphasized the importance of making sure Lyft's entire workforce is aligned on the company values from day one.
Persons: Emily Nishi, Lyft, Lyft's, There's, Uber, Insider's Graham, Nishi, we've, Tat Bellamy Walker Organizations: CPO, San, Drivers, Lyft, New, LinkedIn, WSB, Insider's Graham Rapier Locations: Lyft, San Francisco, New York City, Atlanta
Airbnb CEO: We had to rebuild our company from the ground up
  + stars: | 2021-09-21 | by ( )   time to read: +8 min
New York (CNN Business) Airbnb has been on a wild ride. Some people look at this and they say, 'Wait, things have fundamentally changed and business travel has changed and the way people view travel has changed.' Before the pandemic, we used to live in one place or house, work in another place or office, go to a third place — travel. And so this is, I think, going to open up a huge amount of flexibility, and therefore a lot more travel for people. It's interesting how you talk about work, travel, home, all in the same place.
Persons: Airbnb, Brian Chesky, CNN's Erin Burnett, Burnett, That's, you've, Morgan Stanley, San Francisco —, Mack Organizations: CNN Locations: York, San Francisco, San Francisco — San Francisco, Burnett, Hurricane
CNBC TechCheck Evening Edition: September 21, 2021
  + stars: | 2021-09-21 | by ( )   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCNBC TechCheck Evening Edition: September 21, 2021CNBC's TechCheck brings you the latest in tech news from CNBC's 1 Market in the heart of San Francisco.
Persons: TechCheck Organizations: CNBC Locations: San Francisco
Investors were also nervous ahead of the Federal Reserve’s policy meeting this week. Microsoft Corp, Google-owner Alphabet Inc , Inc, Apple Inc, Facebook Inc and Tesla Inc were among the biggest drags on the S&P 500. But all of the 11 major S&P 500 sectors were lower, with economically sensitive groups like energy down the most. The S&P 500 is down about 4.8% from its intra-day record high hit on Sept. 2 and is on track to snap a seven-month winning streak. The S&P 500 posted no new 52-week highs and three new lows; the Nasdaq Composite recorded 20 new highs and 178 new lows.
Persons: Evergrande, , Jake Dollarhide, , Morgan Stanley, Caroline Valetkevitch, Jain, Sagarika, Noel Randewich, Sriraj Kalluvila, Lisa Shumaker Organizations: Dow, Nasdaq, Microsoft Corp, Google, Inc, Inc, Apple Inc, Facebook Inc, Tesla Inc, Treasury, Longbow, Management, , Dow Jones, United, NYSE Locations: China, Tulsa , Oklahoma, United States, India, Britain, New York, Bengaluru, San Francisco
Twitter seeks to settle 2016 class action lawsuit for $800 mln
  + stars: | 2021-09-20 | by ( )   time to read: +1 min
A Twitter logo is seen outside the company headquarters in San Francisco, California, U.S., January 11, 2021. REUTERS/Stephen LamSept 20 (Reuters) - Twitter Inc (TWTR.N)said on Monday it would pay $809.5 million to settle a shareholder class action lawsuit from 2016 that alleged the company misled investors about its daily and monthly user engagement numbers. The individual defendants and Twitter continue to deny any wrongdoing or any other improper actions, the company said in a regulatory filing. Twitter also said it expects to record a charge for this settlement during the third quarter. The case commenced in 2016 in the United States District Court for the Northern District of California.
Persons: Stephen Lam, Twitter, Nivedita Balu, Saumyadeb Organizations: REUTERS, Twitter, United States, Court, Northern, Northern District of, Thomson Locations: San Francisco , California, U.S, Northern District, Northern District of California, Bengaluru
Throughout her adult life, Miquelle West has hesitated to date. Her mother, Michelle, now 60, has been incarcerated for almost three decades now. Miquelle West and her mother, Michelle West, at Walt Disney World. Marcel Mays’ mother died of a heart attack seven days after he was released in 2010. Michelle West.
Persons: Miquelle West, Michelle, Michelle West, , “ I’ve, I’m, Miquelle, “ We’re, ” West, Miquelle’s, Marcel Mays, , “ Michelle doesn’t, ” Mays, , ” Marion “ Pete ” Mays, ” Marion Mays, haven’t, “ Journaling, Evelyn J, Patterson, ” Patterson, ” Marcel Mays, Marion, Marcel Mays ’, West, Barack Obama’s, Obama, ” Miquelle, don’t, Marion Mays, Michelle West “, Laura B, Morse, “ You’re, “ I’m, ” Morse, “ couldn’t, ” Michelle West’s, Mays, , She’s, plexiglass Organizations: Miquelle, Walt Disney, NAACP, Vanderbilt University, , White, Wests, NBC News, CAN, Facebook, Twitter Locations: New York City, Detroit, Kalamazoo , Michigan, New York, Atlanta, California, San Francisco
MLB roundup: Cardinals edge Padres for 8th straight win
  + stars: | 2021-09-20 | by ( )   time to read: +10 min
Sep 19, 2021; St. Petersburg, Florida, USA; Tampa Bay Rays second baseman Brandon Lowe (8) is safe at second during the second inning against the Detroit Tigers at Tropicana Field. Tyler O'Neill scored three runs and drove in another for the Cardinals, who extended their winning streak to eight games. TJ Friedl hit his first major-league home run for the Reds, who fell three games behind the St. Louis Cardinals for the second NL wild-card spot. Martinez homered and Enrique Hernandez and Kevin Plawecki each drove in two runs as Boston beat visiting Baltimore. Marlins 6, Pirates 5 (10)Lewin Diaz hit a two-run homer in the 10th inning to lift host Miami over Pittsburgh.
Persons: Brandon Lowe, Mike Watters, Edmundo Sosa, Harrison Bader, Dylan Carlson, Tyler O'Neill, Tommy Pham, Happ, Alex Reyes, Giovanny Gallegos, Will Smith, Gavin Lux, Corey Seager, Lux, Seager, TJ Friedl, Joey Votto, Jose Ramirez, Ramirez, Harold Ramirez, Gerrit Cole, Eric Haase, Dustin Garneau, Wily Peralta, Haase, Peralta, Kyle Funkhouser, Martinez, Enrique Hernandez, Kevin Plawecki, Baltimore . Hunter Renfroe, Rafael Devers, Hirokazu Sawamura, Sawamura, Garrett Whitlock, Garrett Richards, Jose Berrios, Bo Bichette, Berrios, Vladimir Guerrero Jr, Jose Siri, Chas McCormick, Siri, Brandyn Sittinger, Carlos Correa, McCormick, Ryan Pressly, Juan Soto, Paolo Espino, Espino, Soto, Patrick Wisdom's, Willson Contreras, Matt Duffy, Frank Schwindel, Jandel Gustave, Boxberger, David Bote, Wisdom, Kris Bryant, Jarred Kelenic, Logan Gilbert, Jake Bauers, Mitch Haniger, Yasmani Grandal, Cesar Hernandez, Jose Abreu, Leury Garcia, Lucas Giolito, Jordan Lyles, Grandal, Max Fried, Eddie Rosario, Adam Duvall, Rosario, Anthony DeSclafani, Fried, Austin Riley, Duvall, Jed Lowrie's, Frankie Montas, Shohei, Montas, Ohtani, Yan Gomes, Matt Chapman, Lewin Diaz, Bryan De La Cruz, Ben Gamel's, Diaz, Chad Kuhl, Jeff McNeil, Edwin Diaz, Bryce Harper, McNeil, Kyle Gibson, Harper, Freddy Galvis Organizations: Tampa Bay Rays, Detroit Tigers, Tropicana Field, Louis Cardinals, San Diego Padres, Cardinals, Padres, National League, J.A, Dodgers, Reds, Cincinnati, San Francisco Giants, National League West, NL, Yankees, Cleveland, Tampa Bay, Tigers, Rays, Detroit, Tampa, Milwaukee, Red Sox, Orioles, Boston, Baltimore ., Baltimore, American League, Blue Jays, Toronto, Minnesota, Twins, Astros, Diamondbacks, Houston, Nationals, Rockies, Washington, Cubs, Brewers, Chicago, Mariners, Royals, Seattle, Kansas City, White Sox, Rangers, American League Central, Cleveland Indians, New York Yankees, Braves, Giants, Atlanta, San, San Francisco, Athletics, Oakland, Marlins, Pirates, Miami, Pittsburgh, The Marlins, Mets, Phillies, Philadelphia, NL East, Cincinnati Reds, Thomson Locations: St, Petersburg , Florida, USA, Los Angeles, New York, Arizona, Colorado, Chicago, Texas, San Francisco, Anaheim , Calif, Realmuto
Oracle uses AI to automate parts of digital marketing
  + stars: | 2021-09-20 | by ( Stephen Nellis | )   time to read: +2 min
REUTERS/Brendan McDermid/File PhotoSept 20 (Reuters) - Oracle Corp (ORCL.N) announced on Monday a new system that it says will use artificial intelligence to automate key parts of digital marketing campaigns. Once primarily known for its database software, Oracle is competing against firms like Adobe Inc (ADBE.O) and Inc (CRM.N) to sell cloud-based software used for marketing business-to-business products that typically cost thousands of dollars or more. Oracle's Fusion Marketing system, as the product announced Monday is called, uses artificial intelligence to automatically assemble marketing campaigns and determine whether the people who interact with emails or advertisements might eventually buy a product, sending their contact information to sales teams. And some of the data will come from massive marketplaces of third-party data that Oracle has acquired in recent years to grow its digital advertising business. "A lot of it is much more measurable than it has been in the past," Rob Tarkoff, executive vice president or Oracle's advertising and customer experience cloud, said of digital marketing campaigns.
Persons: Brendan McDermid, Rob Tarkoff, Stephen Nellis, Stephen Coates Organizations: Oracle Corp, New York Stock Exchange, REUTERS, Oracle, Adobe Inc, Inc, Oracle's, Thomson Locations: New York, U.S, San Francisco
On Monday, DoorDash expanded alcohol delivery to 20 states, as well as Washington, DC. Besides Total Wine stores, DoorDash delivers alcohol, where permitted, for Albertsons, Smart & Final, 7-Eleven, and mom-and-pop convenience stores and grocers. By pushing alcohol delivery in more states, the San Francisco-based delivery app intensifies its battle with Instacart, which it reportedly passed up buying earlier this summer. Data shows investing in grocery e-commerce, particularly alcohol delivery, is a good move for delivery apps and grocers. DoorDash appConsumers get convenience, while DoorDash merchants see dollar signs, company President Christopher Payne said.
Persons: DoorDash, Instacart, Nielsen, Christopher Payne, Payne, Kroger Uber, Kroger Organizations: Instacart, Bank of America, Wine, Albertsons, Smart, Nielsen, Grubhub, Walmart, Safeway, Vons, Kroger, Costco, Convenience, Walgreens Locations: Washington, San Francisco, DoubleDash, DoorDash's
San Francisco (CNN Business) Employees at Telhio Credit Union are already used to having their internal communications monitored to ensure compliance with US financial rules. In August, the company began using software from a startup called UnBiasIt to monitor for signs of or keywords related to racial, gender, or age bias, Telhio spokeswoman Jessica Bing told CNN Business. Companies can customize the software to look for certain words or phrases, and update it over time with new ones. The software "is not looked at as a 'gotcha' for employees," Bing said, because in cases of unconscious bias in particular a person may not know they've said or written something that's not okay. Formed in late 2020, UnBiasIt began rolling out its software to companies in March, according to Dean Haynesworth, Black Progress Matters' CEO and cofounder.
Persons: Jessica Bing, Bing, they've, UnBiasIt, Dean Haynesworth, Haynesworth Organizations: San Francisco, CNN Business, Employees, Telhio Credit, Matters Locations: San, Columbus , Ohio, Phoenix , Arizona
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