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☆ Podcast: Japan's quest for the most powerful microchip leads semiconductor revival
▼ + stars: | 2024-08-13 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +25 min

At the end of [the] 1980s, Japanese companies accounted for like 51% of the global semiconductor market. So by doing this ... one thing undercut Japanese semiconductor chip makers' competitiveness in the global market. Another thing [is] that [it] forced open [the] Japanese semiconductor market to foreign players, and this creates opportunity for the U.S., South Korea and Taiwan. And Japanese companies are trying to both develop their own capacity but also attract phone companies to establish fabs there. So by collaborating with international companies, Japanese companies can leverage their existing technology and manufacturing techniques to expand their global share as well.

Persons: Tom Chitty, Fei Xue, Tom Chitty Well, Arjun, Kharpal Fei, Reagan, Arjun Kharpal, Fei, it's, TSMC, Fei Xue Yes, Rapidus, Arjun Kharpal Fei, they're, there's, ASML, you've, He'd, Tom Chitty Fei, Arjun Arjun Kharpal, Tom, Tom Chitty We'll Organizations: TSMC, Rapidus Corporation, Samsung, Economist Intelligence Unit, Economist Intelligence, The Economist, Economist, East, International Relations, U.S, U.S ., Taiwan Semiconductor Manufacturing, IBM, Apple, EV, Japan, Nvidia, Micron, Sony, Nintendo, Canon, South, Samsung Electronics, Tokyo, Screen Holdings Locations: Japan, Taiwan, U.S, Netherlands, Tokyo, beyondthevalley@cnbc.com, East Asia, Fei Xue Japan, South Korea, Japan's, Kyushu, Kumamoto Prefecture, TSMC, That's, China, Kumamoto

☆ Google launches first AI-powered Android update and new Pixel 9 phones
▼ + stars: | 2024-08-13 | by ( Jennifer Elias | ) www.cnbc.com time to read: +3 min

In this article GOOG Follow your favorite stocks CREATE FREE ACCOUNTGoogle announced its first smartphone fully powered by its AI "Gemini" system. Google on Tuesday announced new artificial intelligence features that are coming to Android devices. Google doesn't make a lot of money from its hardware business but the latest Android features could help drive new revenue through the company's Gemini AI subscription program. Google previously had some AI features in Android, but this is the first year it's heavily emphasizing new capabilities powered by a large AI language model installed on devices. New Pixel 9 phones and Pixel Watch 3Zoom In Icon Arrows pointing outwards

Persons: Sameer Samat, Samat, Gemini, Siri Organizations: Google, Gemini, Apple, YouTube, Gmail, Apple Intelligence

☆ Google Debuts A.I.-Powered Phones in Latest Attempt to Best the iPhone
▼ + stars: | 2024-08-13 | by ( Nico Grant | ) www.nytimes.com time to read: +1 min

When Google released its first Android smartphone in 2008, the company’s founders slid onstage in roller skates. On Tuesday, executives left the skates behind but kept to the tone of that pitch: Google crammed all the cutting-edge technology it could into the latest Pixel phones. Google is hoping the features will help the four new phones — including the Pixel 9, Pixel 9 Pro and the double-wide Pixel 9 Fold — finally overcome consumer apathy to its smartphone ambitions. It is Google’s latest attempt to make a splash in a smartphone market dominated by its partner Samsung, as well as by Apple, which has already detailed the A.I. It has about 5 percent of the smartphone market in the United States, and generally less than that in other major markets, like Britain, Germany and India, according to Statista, which compiles data.

Persons: Larry Page Organizations: Google, Samsung, Apple Locations: United States, Britain, Germany, India

☆ U.S. Said to Consider a Breakup of Google to Address Search Monopoly
▼ + stars: | 2024-08-13 | by ( David Mccabe | Nico Grant | ) www.nytimes.com time to read: +1 min

Google was found last week to have violated antitrust law by illegally maintaining a monopoly in internet search. They are discussing various proposals, including breaking off parts of Google, such as its Chrome browser or Android smartphone operating system, two of the people said. The government is meeting with other companies and experts to discuss their proposals for limiting Google’s power, the people said. Judge Amit P. Mehta of U.S. District Court for the District of Columbia has asked the Justice Department and Google to come up with a process for determining a fix in the case by Sept. 4. He has scheduled a hearing on Sept. 6 to discuss next steps.

Persons: Amit P, Mehta Organizations: Google, Justice Department, U.S, District of Columbia

The Pixel Watch 3, which comes in a familiar 41mm size and, for the first time, a larger 45mm size, is available to preorder now ahead of a September 10 release date. AdvertisementGoogle Pixel Watch 3: FeaturesGoogle updated the display for the Pixel Watch 3 to its super-bright Actua display, which can reach a brightness of up to 2000 nits and should make glancing at the Pixel Watch 3 for the time, widgets, and workout data effortless in bright sunny conditions. The new 45mm Pixel Watch 3 is the biggest Pixel Watch so far. Antonio Villas-Boas/Business InsiderApart from a new larger size (45mm) and Actua display, little has changed about Google's signature Pixel Watch design, or even its internals. The Pixel Watch 3 will roll out with Google's Wear OS 5 operating system, which introduces the new Auto Bedtime Mode.

Persons: Antonio Villas, It'll Organizations: Business, Google, Pixel, Boas, Galaxy Watch

For the first time, Google's Pixel Pro series comes in two sizes with the introduction of the brand new Pixel 9 Pro XL. It's the Pixel 9 Pro that offers something that wasn't available before — a Pixel Pro with a smaller display. AdvertisementPixel 9, Pixel 9 Pro, Pixel 9 Pro XLThe Pixel 9 and Pixel 9 Pro models are evolutions over previous generations. Antonio Villas-Boas/Business InsiderGoogle's Pixel 9 Pro Fold is also a total evolution of the original Google Pixel Fold. AdvertisementThe Pixel 9 starts at $799, the Pixel 9 Pro at $999, the Pixel 9 Pro XL at $1,099, and the Pixel 9 Pro Fold at $1,799.

Persons: Antonio Villas, Google's didn't Organizations: Business, Google, Boas, Apple, Samsung, Galaxy, Gemini

☆ Opinion | The Google Antitrust Case Must Not End With a Slap on the Wrist
▼ + stars: | 2024-08-13 | by ( Tim Wu | ) www.nytimes.com time to read: +1 min

A federal judge held last week that Google has a monopoly on online search and has been illegally defending that monopoly for years. The verdict is important and correct, yet it leaves open an important question: What should the remedy be? The government’s case centered on payments, which in 2021 totaled more than $26 billion, that Google pays Apple and others to be the default search engine on their products. In doing so, Google kept Apple out of the search market and, the judge ruled, weakened its other competitors. But if the court merely decrees that Google now abandon those agreements, it won’t be enough to unlock a long-monopolized market.

Persons: Amit Mehta Organizations: Google, Biden, Apple

☆ The No. 1 trait you need to be successful, says ex-Google recruiter: 'The rules of the game are constantly changing'
▼ + stars: | 2024-08-13 | by ( Gili Malinsky | ) www.cnbc.com time to read: +2 min

Successful people are "open to unexpected opportunities and embrace change instead of fearing it," he previously told Make It. Former DoorDash and Google recruiter Nolan Church swears by another trait: continual learning. People who are constantly learning are "able to adapt as the rules of the game are constantly changing," he says. 'Filling skills gaps' is keySimilarly, as the way businesses and customers function is changing, so are the skills that you need to serve them. Constantly learning enables you to continue "filling skill gaps," says Church.

Persons: Joseph Fuller, Benjamin Granger, Nolan Church Organizations: Harvard Business School

☆ Google AI & device event underway: Here's what to know
▼ + stars: | 2024-08-13 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGoogle AI & device event underway: Here's what to knowCNBC's Deirdre Bosa joins 'The Exchange' to discuss the latest developments happening in technology.

Persons: Deirdre Bosa Organizations: Google

☆ 'We haven't seen the bottom in this correction': Dan Niles names 2 tech stocks to ride out a potential recession
▼ + stars: | 2024-08-13 | by ( Ganesh Rao | ) www.cnbc.com time to read: +4 min

Hedge fund manager Dan Niles is betting on Apple and Meta Platforms as two stocks that can ride out a potential U.S. recession. Apple Niles expects strong revenue growth in the coming year as consumers upgrade to AI-enabled iPhones. "Their revenue growth has been minuscule the last three years because people already have a smartphone. "I think that revenue growth goes to double digits over 10% probably next year, as people upgrade to an AI-enabled smartphone." Meta Niles expressed particular confidence in Meta's prospects, praising the company's effective use of AI in its core business.

Persons: Dan Niles, Niles, CNBC's, AAPL, Apple Niles, Meta Niles, Meta Organizations: Apple, Niles Investment Management, Meta, Google, Microsoft

☆ Airbnb's ongoing battle with hotels for travelers has taken a noticeable turn
▼ + stars: | 2024-08-13 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

Go to newsletter preferencesSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. In today's big story, Airbnb said its struggles are tied to consumers spending less, but it's also because they're opting for hotels instead . The big storyPlenty of vacancyiStock; Rebecca Zisser/BIAirbnb took a noticeable step back in its ongoing battle with hotels. But Airbnb's struggles are also a product of travelers opting for hotels instead , writes Business Insider's Dan Latu. The death of the so-called millennial lifestyle subsidy — for which Airbnb was a key player — resulted in consumers rethinking things.

Persons: —, Airbnb, it's, let's, Rebecca Zisser, Execs, Airbnb's, Dan Latu, haven't, Jenny Chang, Rodriguez, Bloomberg it's, BI Bank of America isn't, Nicolás Ortega, Nate Silver, Chelsea Jia Feng, Alexander, Tal, Oren Alexander, Musk, Trump, Elon Musk's, Donald Trump, Ron DeSantis, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock Organizations: Service, Apple, Business, Bloomberg, Getty, BI Bank of America, Viking, Israel, BI, Apple Intelligence, Trump, X, Florida Gov, Google Locations: Iran, New York, London

☆ BakerAvenue's King Lip says he's still overweight tech and growth
▼ + stars: | 2024-08-13 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBakerAvenue's King Lip says he's still overweight tech and growthKing Lip, BakerAvenue Wealth Management chief strategist, joins 'Closing Bell' to discuss Google's unveiling of new AI features.

Organizations: Wealth Management

☆ Google's big Pixel event was sure giving OpenAI vibes
▼ + stars: | 2024-08-13 | by ( Ana Altchek | ) www.businessinsider.com time to read: +1 min

Google may have taken Sam Altman's apparent dig at its event "aesthetic" into consideration. Google's Made By Google Pixel event featured dim lighting and a simple setup with wood in the background. The event aesthetic draws a sharp contrast from Google I/O and the Made By Google event last year. You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. The OpenAI CEO made the apparent dig about the vibe of Google's I/O event back in May, and the tech giant seems to have switched up its event staging for its most recent Made By Google event, which took place Tuesday.

Persons: Sam Altman's, Google's, — Organizations: Google, Service, Business

☆ Google integrates AI into hardware
▼ + stars: | 2024-08-13 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGoogle integrates AI into hardwareCNBC's Deirdre Bosa and Rick Osterloh join 'Power Lunch' to discuss Google AI integration into its hardware.

Persons: Deirdre Bosa, Rick Osterloh

☆ DOJ's Kanter on preserving competition: We want existing incumbents to work harder and deliver more
▼ + stars: | 2024-08-13 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDOJ's Kanter on preserving competition: We want existing incumbents to work harder and deliver moreJonathan Kanter, Assistant Attorney General for Justice Department’s Antitrust Division, joins 'Squawk Box' to discuss the government's battles against corporate giants, fallout from Google's antitrust ruling, DOJ's antitrust fight against Big Tech and healthcare sectors, and more.

Persons: DOJ's Kanter, Jonathan Kanter Organizations: Justice Department’s Antitrust, Big Tech

After tearing into each other in the past, the world's richest person and Republican presidential nominee have become close political allies. December 2016: Musk appointed to Trump's advisory councilsDonald Trump on Tuesday escalated his feud with Elon Musk in a series of Truth Social posts belittling the billionaire. May 2022: Musk said he would reinstate Trump's Twitter accountTesla CEO Elon Musk. "You know [Musk] said the other day 'Oh, I've never voted for a Republican,'" Trump said during a Saturday rally in Anchorage, Alaska. AdvertisementJuly 2022: Musk says Trump shouldn't run againElon Musk.

Persons: —, Elon, Donald Trump, Trump, Musk, Yasin Ozturk, Hillary, Elon Musk, Evan Vucci, Uber, Travis Kalanick, flack, Alex Brandon, Musk's, Tesla, Justin Sullivan, He's, Thomas Edison, Jonathan Ernst, Chris Saucedo, unban Trump, Patrick T, Fallon, I've, Alexi Rosenfeld, getty, Seth Herald, Twitter, Ron DeSantis, DeSantis, David Sachs, John Moore, Joe Biden, Ohio Sen, JD Vance, Vance, MAGA, Biden, Kamala Harris, Harris Organizations: Service, Trump, Twitter, Business, CNBC, Elon, White, SpaceX, Donald Trump AP, America, Ford, General Motors, NASA's Kennedy Space Center, REUTERS, SXSW, Financial Times, US, Getty, Republican, and Freedom Coalition, White House, Radical Left, Florida Gov, The New York Times, GOP, Times, Republican National Convention, Ohio, Wall Street, Democratic Locations: United States, Paris, Anchorage , Alaska, California, Cape Canaveral , Florida, U.S, Nashville , Tennessee, Musks, Silicon Valley, Mexico, Eagle Pass , Texas, Eagle, , Texas, Washington, Ukraine, Lago, Harris

☆ The startup landscape for deals is drastically changing
▼ + stars: | 2024-08-12 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're looking at how the startup landscape is drastically changing thanks to the entrance of private-equity firms and the rise of acquihires . Private equity is filling the gap left by a frozen IPO market and corporates unwilling or unable to cut deals, writes Business Insider's Melia Russell. Perhaps most importantly, a PE deal means equity holders get cash immediately, unlike an IPO that has some holding periods. Acquihires where the brains behind buzzy AI startups sell themselves (instead of the entire company) to bigger players are in vogue, writes BI's Ben Bergman and Sri Muppidi. Depreciation costs to massive GPU chip investments pose a huge risk for AI companies .

Persons: —, You've, Alyssa Powell, Insider's Melia Russell, shivers, Samantha Lee, BI's Ben Bergman, Sri, acquihires, they'll, VCs, it's, Taylor Swift, Tyler Le, Fisker, Zuck, Elon Musk's, Mark Zuckerberg, Jenny Chang, Rodriguez, Biden, Donald Trump, Elon Musk, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Amanda Yen Organizations: Service, Business, SV Getty, Tech, guardrails, Character.AI, Getty, UBS, Mega, Revenue Locations: Europe, New York, London

☆ The era of freeloading is officially over
▼ + stars: | 2024-08-12 | by ( Allison Morrow | ) edition.cnn.com time to read: +4 min

But thanks to the fine-tuning of the tech that Corporate America uses to police subscriptions, those freeloading days are over. Costco and Disney this month took a page from the Netflix playbook and announced they are cracking down on account sharers. Disney’s streaming business — Disney+, Hulu and ESPN+ — only became profitable in the second quarter this year. Like Netflix, Costco is betting that you’re already emotionally invested in the routine and the satisfaction of getting a closet’s worth of toilet paper that can last the whole year. Last year, the store reported $4.6 billion in revenue from membership fees, and that accounts for the majority of its profit.

Persons: CNN Business ’, they’d, It’s Organizations: CNN Business, New York CNN, Thought Police, Costco, Netflix, America, Disney, Wall Street, Amazon, Apple, HBO, YouTube, Hulu, ESPN, Costco there’s Locations: New York

☆ AI's big marketing problem: People don't want to hear about it
▼ + stars: | 2024-08-12 | by ( Lucia Moses | Lara O'Reilly | ) www.businessinsider.com time to read: +7 min

Advertisers love talking about AI, but they face a big problem: consumers are suspicious of the tech and don't want to be bombarded with messaging about it. This issue was on full display at the Olympics, where Google face-planted with an ad for its Gemini AI tool. To date, 575 companies have bought ads to market AI products in 2024, up from 186 in all of 2023. "In the same way, I wouldn't trumpet that my new product was designed in Photoshop, so why would I talk about how my product was designed using AI? One of the top-performing US ads of 2023 came from Adobe, which ran a spot featuring a girl using AI to create a birthday card.

Persons: Iain Thomas, Sora, Josh Campo, Razorfish, Matt Rebeiro, Iris, Rebeiro, System1, Dove, Microsoft's, chatbot —, Thomas, JLo Organizations: Service, Olympics, Google, Business, Sounds, Washington State University, of Hospitality Marketing, Management, Yahoo, Publicis Media, YouTube, Enterprises, Adobe, Cadbury Locations: MediaRadar

☆ Marketers are living in an AI advertising minefield
▼ + stars: | 2024-08-12 | by ( Lucia Moses | Lara O'Reilly | ) www.businessinsider.com time to read: +7 min

This issue was on full display at the Olympics, where Google face-planted with an ad for its Gemini AI tool. "There seems to be this fundamental misunderstanding of what we should be using AI for," said Iain Thomas, who cowrote a book on AI, "What Makes Us Human?," and is a founder of Sounds Fun, an agency that helps marketers harness AI. To date, 575 companies have bought ads to market AI products in 2024, up from 186 in all of 2023. "In the same way, I wouldn't trumpet that my new product was designed in Photoshop, so why would I talk about how my product was designed using AI? One of the top-performing US ads of 2023 came from Adobe, which ran a spot featuring a girl using AI to create a birthday card.

☆ Market Navigator: Options for Google
▼ + stars: | 2024-08-12 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMarket Navigator: Options for GoogleTony Zhang, OptionsPlay chief strategist, joins 'Power Lunch' to discuss the re-rating of Google.

Persons: Tony Zhang Organizations: Google

☆ Moscow and Kyiv trade barbs over nuclear plant fire as tempers flare over Ukraine's ongoing incursion
▼ + stars: | 2024-08-12 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +7 min

A fire broke out Sunday in Europe's largest nuclear power plant, located in southern Ukraine, with Ukraine and Russia trading blame over the incident. "As long as Russian terrorists retain control of the nuclear power plant, the situation is not and cannot be normal. A view of the Russian-controlled Zaporizhzhia nuclear power plant in southern Ukraine on June 15, 2023. He said he had met with Russia's President Vladimir Putin who had "clearly indicated increasing vigilance and attention to strategic infrastructure facilities, which include the nuclear power plant." International Atomic Energy Agency (IAEA) inspectors are seen at the Russian-controlled Zaporizhzhia nuclear power plant in southern Ukraine on June 15, 2023.

Persons: Volodymyr Zelenskyy, Zaporizhzhia, Zelenskyy, Olga Maltseva, Yevgeny Balitsky, Balitsky, Vladimir Putin, Alexei Smirnov, Roman Pilipey, Putin Organizations: Anadolu, Getty, Zaporizhzhya NPP, Afp, NATO, CNBC, International Atomic Energy Agency, IAEA, AFP, Russian Ministry of Defense, Russian, Ukrainian Armed Forces, Institute for, Kremlin, AP Locations: Zaporizhzhia, Ukraine, Russia, Anadolu, Moscow, Kyiv, Russian, Enerhodar, Europe, Zaporizhia, Kursk, Kursk Oblast, Soviet, Sumy, Ukrainian, Sudzha

☆ I'm a Google technical program manager. This is how AI has transformed my job.
▼ + stars: | 2024-08-12 | by ( Ana Altchek | ) www.businessinsider.com time to read: +1 min

Karanveer Anand, a technical program manager at Google, explained how AI is integrated into his work. AdvertisementThis as-told-to essay is based on a conversation with Karanveer Anand, a 29-year-old technical program manager at Google. Business Insider has verified his identification and employment. We have a lot of companywide AI training, organization-specific AI training for different teams, and hackathon challenges to help drive innovation. This story is available exclusively to Business Insider subscribers.

Persons: Karanveer Anand, Anand, — Organizations: Google, Service, Business

☆ A crypto data leak led the FBI to America's most wanted sex trafficking fugitive. Now, the victims want his bitcoins.
▼ + stars: | 2024-08-11 | by ( Laura Italiano | ) www.businessinsider.com time to read: +16 min

Four bitcoin wallets that led to sex-trafficking fugitive Michael Pratt's capture are seen in the bottom left corner. AdvertisementFrom Michael Pratt's 2019 criminal complaint. Federal prosecutors say Pratt increased traffic by forwarding each victim's video link to her school, work, family, and social connections. Michael Pratt's Swiss ID and Barcelona Mailboxes Etc. AdvertisementThese days, DeBarber runs the Baltimore-based Phoenix AI cybersecurity firm with cofounder Justine Li, a Girls Do Porn victim and plaintiff.

Persons: —, Michael James Pratt —, Pratt, Michael Pratt's, Michael Pratt, it's, Charles DeBarber, ike, ake, ould, ong, hough, erving, J ames, rove, ratt, ong K ong, egan, ove, arlene, lew, anni, rooke,, rian H olm,, wiss Organizations: Service, Spanish, Business, Spain's Policia Nacional, Policia Nacional, ust Locations: New Zealander, Madrid, Southern California, Spain, bitcoin, omiting,, ife, ictim

☆ Nights in Las Vegas Are Becoming Dangerously Hot
▼ + stars: | 2024-08-11 | by ( Ronda Kaysen | Aatish Bhatia | ) www.nytimes.com time to read: +12 min

This June and July, nights in Las Vegas stayed above 79 degrees for all but seven days. And hot nights are something more people are experiencing: No American major metro area has grown as much as Las Vegas has over the last three decades. Even after the sun set in Las Vegas in June and July, temperatures routinely remained in the 80s and 90s. Populations have doubled or more over a generation, with the number of abnormally hot nights rising at similar rates. A growing dangerLas Vegas metro 1984 Urban Core This was the Las Vegas metro in 1984.

Persons: ”, Matt Woods, —, Bridget Bennett, Ariel Choinard, “ You’re, Ms, Choinard, Anita Swogger, Tristan, Chima Cyril Hampo, Mr, Swogger, Tollis, Yanci, Yanci Hill, Steffen Lehmann, Blanca Solis, Solis, Richard Kettler, Solis’s, “ Organizations: Vegas, Las Vegas, National Weather Service, The New York Times, Southern, Resilience, Desert Research Institute, Southern Nevada Health, Duke University, U.S ., Atlanta, National Weather, Major metros, Las, Regional Transportation Commission, Drexel University, Weather Service, University of Nevada Locations: United States, Las Vegas, Vegas, Southern Nevada, Clark County, Austin , Texas, Raleigh, N.C, Orlando, Fla, Austin, Phoenix, … Las Vegas Austin , Texas Raleigh, Phoenix Atlanta, Nevada, Arizona, East Las Vegas, Asia, Henderson, Stewart, Las

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