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☆ Long-serving US Democratic Senator Dianne Feinstein dead at 90
▼ + stars: | 2023-09-29 | by ( Will Dunham | ) www.reuters.com time to read: +7 min

Feinstein was a Washington trailblazer who, among other accomplishments, became the first woman to head the influential Senate Intelligence Committee. Feinstein joined the Senate in 1992 after winning a special election and was reelected five times, including in 2018, along the way becoming the longest-serving woman senator ever. Health issues slowed Feinstein late in her career, when she was the oldest senator at the time. She ran for governor in 1990, winning the Democratic primary but losing to Republican Pete Wilson in the general election. Feinstein then ran in 1992 for the Senate seat that Wilson had previously held, easily defeating the Republican appointed to the seat.

Persons: Sen, Dianne Feinstein, William Barr, Department's, Feinstein, Dianne, Francisco’s, Nancy Pelosi, Pelosi, George Moscone, Harvey Milk, Milk, Dan White, Ramsay Hunt, al, Osama Bin Laden, John McCain of, Edward Snowden, Republican George W, Bush's, Lindsey Graham, Donald Trump's, Amy Coney Barrett, Trump, Joe Biden's, She, Francisco's, Republican Pete Wilson, Wilson, Feinstein's, Bertram Feinstein, Richard Blum, Will Dunham, Susan Heavey, Scott Malone, Diane Craft, Jonathan Oatis Organizations: Committee, Democratic U.S, Washington trailblazer, Intelligence, Senate, U.S, Francisco's, of Supervisors, Moscone, Republicans, Health, Republican, CIA, AMERICA, National Security Agency, NSA, Capitol, Stanford University, San, Supervisors, Democratic, Thomson Locations: Washington , U.S, WASHINGTON, California, Washington, San Francisco County, Connecticut, United States, al Qaeda, Pakistan, John McCain of Arizona, Vietnam, America, Iraq, San Francisco

☆ The Surprising Song That Changed Jeff Tweedy’s Life
▼ + stars: | 2023-09-29 | by ( Natalia Barr | Photography David Kasnic For Wsj. Magazine | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones, jeff, tweedy, wilco

☆ Special counsel notes Trump’s gun store visit and Milley remarks in push for gag order
▼ + stars: | 2023-09-29 | by ( Katelyn Polantz | ) edition.cnn.com time to read: +5 min

Prosecutors raise Trump’s recent attacks on MilleyIn the filing, prosecutors say Trump continues to make remarks that could hurt the integrity of his trial, including in how he has recently attacked Milley. The judge is set to consider the prosecutors’ request for a limited gag order at a hearing October 16. They are asking for Chutkan to limit Trump’s ability to speak about witnesses and others involved in the case against him. The prosecutors also said a limited gag order, as they propose, wouldn’t be a “contempt trap” as Trump’s team has said. Instead, it would be an even more limited speech restriction than others granted previously in high-profile, politically charged cases in DC’s federal court, the prosecutors argued.

Persons: Donald Trump, Trump, hadn’t, Mark Milley, Milley, Trump’s, Tanya Chutkan, ”, Bill Barr, Mike Pence, “, premised, —, Donald J, wouldn’t Organizations: CNN, Federal, Trump, Prosecutors, Milley, NBC, Press, Georgia, ‘ Locations: South Carolina, Washington ,, Washington, DC

A customer leaves after speaking with FDIC representatives inside of the Silicon Valley Bank headquarters in Santa Clara, California, U.S., March 13, 2023. REUTERS/Brittany Hosea-Small Acquire Licensing RightsCompanies Silicon Valley Bank FollowWASHINGTON, Sept 28 (Reuters) - The leadership of Silicon Valley Bank and its government supervisors failed to quickly recognize risks looming in the firm before its March failure, according to a report from the U.S. Federal Reserve's inspector general. Specifically, the IG said Fed examiners struggled to transition from monitoring the bank as a smaller regional firm to stricter oversight as it rapidly grew in size, applying insufficient resources and expertise to monitoring its activities. Addressing supervisory shortcomings is a top priority for Fed Vice Chair for Supervision Michael Barr and other financial regulators in the coming months. In response to Thursday's IG report, the Fed said it generally agreed with the findings and was already working to implement several of its recommendations.

Persons: Brittany Hosea, ineffectively, Michael Barr, Barr, Pete Schroeder, Mark Porter, Marguerita Choy Organizations: Bank, REUTERS, WASHINGTON, Silicon Valley Bank, U.S, U.S . Federal, IG, Thomson Locations: Santa Clara , California, U.S, U.S .

☆ The Big Yawn: You really think the FTC will win against Amazon?
▼ + stars: | 2023-09-27 | by ( Alistair Barr | ) www.businessinsider.com time to read: +7 min

Insider has asked Apple, Google and Amazon for comment on various antitrust allegations in the past. But consumers don't pay for Google Search. The results of a Google search Alistair Barr/Insider/GoogleThe Amazon situation is similar. Marketpulse estimated earlier this year that Amazon sellers pay more than 50% of their revenue to Amazon in fees now. The results of an Amazon search Alistair Barr/Insider/AmazonEven Apple does this in its App Store.

Persons: —, Mark Schlisky, didn't, Lina Kahn, haven't, Vail, Alistair Barr, superstores, Burton Organizations: FTC, Amazon, DOJ, Google, Apple, Service, Bernstein, Big Tech, Ikon, Epic's, Epic, Vail Resorts

☆ Trump asks judge to reject gag order requested by prosecutors in federal election interference case
▼ + stars: | 2023-09-26 | by ( Mary Kay Mallonee | ) edition.cnn.com time to read: +3 min

“The Proposed Gag Order is nothing more than an obvious attempt by the Biden Administration to unlawfully silence its most prominent political opponent,” Trump’s attorneys said in the response. Trump is asking US District Judge Tanya Chutkan to deny the prosecutor’s request for a gag order entirely, requesting a hearing on the matter. Chutkan, an Obama appointee overseeing the criminal case in Washington, DC, hasn’t yet made a decision on the request for a gag order. Justice Department prosecutors previously said a limited gag order on the former president is needed to protect the integrity of the trial in March. Trump’s legal team also responded to prosecutors request for a court order that would block them from polling potential jurors for the case without the court’s approval first.

Persons: Donald Trump’s, Jack Smith, ”, Trump, Tanya Chutkan, Chutkan, ” Trump, “, President Trump, Prosecutors, Mike Pence, Bill Barr – Organizations: CNN, Biden Administration, US, Justice Department, Prosecutors, Defense Locations: Washington ,, United States, Chuktan

☆ Insider Today: Side hustles' turning point
▼ + stars: | 2023-09-21 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

A new study from Morgan Stanely makes the case that generative AI will enable people to work multiple jobs, writes Insider's Alistair Barr. In the US alone, multi-earning has increased 11% over the past year, largely thanks to the rise of generative AI tools like ChatGPT. New research from EY found that nearly 40% of Gen Zers had a side hustle to earn extra money. Adding fuel to the fire is the fact bosses don't seem to care if their employees are working multiple jobs, albeit with one caveat. To be sure, executives' acceptance of employees working multiple jobs might be short-lived.

Persons: Randy Rush, Morgan Stanely, Alistair Barr, Morgan Stanley, EY, Gen Zers, Zers, Gen, Z, Alex Wong, we're, It's, Peter Brown, alums, —, Brooks Kraft, Cassidy Hutchinson, Rudy Giuliani, Joe Biden, Volodymyr Zelenskyy, Mike Minnis, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, Fed, cofounders, Renaissance Technologies, Tesla, Bugatti, Brooks Kraft LLC, Getty, Netflix, United Nations General Assembly, Darden, Olive Garden, LongHorn Locations: Wall, Silicon, Asia, Scottish, —, Europe, Americas, Olive, New York City, San Diego, London

☆ AI models from OpenAI and other tech giants are being bombarded by a new swarm of bots 'extracting intelligence'
▼ + stars: | 2023-09-21 | by ( Alistair Barr | ) www.businessinsider.com time to read: +5 min

These bots scrape information from AI models, including OpenAI's GPT-4. "AI models can, in theory, share everything they know. This is often done by infiltrating applications that have official accounts and API connections with the largest and most powerful AI models, Rauch explained. Evading China's AI model blockadeA third reason for this new phenomenon: China blocked access to ChatGPT, GPT-4 and many of the other top generative AI models. So an an app could offer a seat where the user can only query AI models a certain number of times per day.

Persons: Guillermo Rauch, OpenAI's, Elad Gil, Sarah Guo, Rauch, OpenAI Organizations: Service, Google Locations: Wall, Silicon, China, GPT

The only other U.S. high-speed line is Amtrak's Acela service between Boston and Washington, D.C., which began in 2000. Brightline began planning in 2012. A 2018 partnership with Richard Branson's Virgin Group to rebrand Brightline as Virgin Trains USA quickly soured. According to the lawsuit, Brightline says Virgin “ceased to constitute a brand of international high repute, largely because of matters related to the pandemic." He said Brightline’s accommodations “compare really well to some of the best trains” he’s taken in Europe, where high-speed rail between cities is common.

Persons: Florida's Brightline, It's, Mike Reininger, John Renne, Brightline, ” Renne, Richard Branson's, Virgin “, hasn’t, Eric Flowers, ”, ” Brightline, Reininger, ” Reininger, Robert Barr, You’ve, Barr Organizations: MIAMI, Fortress Investment, West Palm Beach, D.C, Amtrak, Florida Atlantic University's Center for Urban, Environmental Solutions, Miami -, Richard Branson's Virgin Group, Virgin Trains USA, Virgin, Orlando Locations: United States, Miami, Orlando, West Palm, Southern California, Las Vegas, Boston, Washington, Florida, Tampa, Jacksonville, Miami - Orlando, London, U.S, West, County, We’re, Vero, Brightline’s Miami, South, Florida’s, Europe

☆ Instacart's IPO flops as the stock slumps. Here are 7 reasons why.
▼ + stars: | 2023-09-20 | by ( Alistair Barr | ) www.businessinsider.com time to read: +6 min

This is one of the concerns that has turned Instacart's IPO into a flop on its second day as a public company. To be successful, an IPO must deliver a big pop to the investors who signed on to buy stock when it debuts. He came out with an analysis of Instacart's business on Tuesday, valuing the company at $29 a share. The reason: The grocery business is low-margin, so there's not a lot of room for Instacart to skim more fees. "In short, the growth in online grocery sales will be higher than total grocery sales growth, but not overwhelmingly so."

Persons: Aswath Damodaran, Fidji Simo, Instacart, Rowe Price, Damodaran, there's, Uber, Instacart doesn't Organizations: Service, Fidelity, DST Global, NYU's Stern School of Business, Instacart Shoppers, Shoppers, Tech Locations: Wall, Silicon, Aswath, COVID

☆ HustleGPT: Generative AI will boost income and help millions of workers take on second and third jobs, Morgan Stanley predicts.
▼ + stars: | 2023-09-20 | by ( Alistair Barr | ) www.businessinsider.com time to read: +3 min

Generative AI is making it easier to work multiple jobs at the same time. AI tools will lift earnings from multiple jobs by at least $83 billion by 2030, Morgan Stanley says. They forecast $400 billion in income from multiple jobs by 2030, with generative AI contributing about $83 billion of that. Morgan Stanley noted a 14% lift in call center productivity and a 55% boost for writing code, as examples. In content creation and e-commerce, 37% and 34% of respondents respectively said their income had been boosted with the help of generative AI tools.

Persons: Morgan Stanley, AlphaWise, Morgan Stanley Research There's, Bard, Claude, Morgan Organizations: Service, Morgan Stanley Research, Google Locations: Wall, Silicon, India, OpenAI, Anthropic

☆ The summer is over, schools are back, and the data is in: ChatGPT is mainly a tool for cheating on homework.
▼ + stars: | 2023-09-19 | by ( Alistair Barr | ) www.businessinsider.com time to read: +4 min

When the summer began, ChatGPT traffic suddenly fell. One hypothesis stood out: Millions of students went on summer break, so they didn't need ChatGPT to cheat — er, I mean research. Back when summer began, online search interest in Minecraft jumped, while ChatGPT interest declined. Mark Shmulik, a top internet analyst at Bernstein, made this point at the start of the summer, when usage fell. "This idea that if the ChatGPT drop-off is due to students on summer break, that implies a narrower audience and fewer use cases."

Persons: ChatGPT, OpenAI's, they're, François, Mark Shmulik, Bernstein, OpenAI, Shakespeare Organizations: Service, Google Locations: Wall, Silicon, Minecraft

☆ Cerebral Valley, the AI conference that spawned a $1.3 billion deal, is coming back to San Francisco this year
▼ + stars: | 2023-09-19 | by ( Alistair Barr | ) www.businessinsider.com time to read: +3 min

Cerebral Valley, an AI conference run by Eric Newcomer's eponymous publication, just announced its second gathering of 2023. CVAI2 (Cerebral Valley AI Summit version 2.0) will take place on November 15 at the SFJAZZ Center in Hayes Valley, San Francisco. The neighborhood is nicknamed Cerebral Valley these days, due to the plethora of AI startups that have sprouted there. Ali Ghodsi, CEO of Databricks, and Naveen Rao, CEO of MosaicML, met for the first time at the initial Cerebral Valley AI Summit. That's the biggest generative AI startup deal so far, by my counting.

Persons: Vinod Khosla, Reid Hoffman, Adam D'Angelo, Eric Newcomer's, Mustafa Suleyman, Ali Ghodsi, Kanjun Qiu, Chris Lattner, May Habib, Naveen Rao, Jason Warner, Max Child, James Wilsterman, Amjad Masad, Clem Delangue, Emad, Daniela Amodei, Cristobal Valenzuela, Shane Orlick, MosaicML, it's Organizations: SFJAZZ, Service, Industry Locations: Hayes Valley, San Francisco, Wall, Silicon, Jasper

☆ Trump says it was his decision to persist with 2020 election challenges
▼ + stars: | 2023-09-17 | by ( Jason Lange | ) www.reuters.com time to read: +2 min

Republican presidential candidate and former U.S. President Donald Trump speaks as he campaigns at the Iowa State Fair in Des Moines, Iowa, U.S. August 12, 2023. "It was my decision," Trump told NBC's "Meet the Press" program, that the election was "rigged" against him, adding that he relied heavily upon his own "instincts" in coming to that conclusion. Trump has continued to make false claims that the election was stolen from him through widespread voting fraud. Asked why he dismissed the views of lawyers in the White House and his campaign that he had lost the election, Trump responded: "Because I didn't respect them." U.S. courts threw out dozens of legal challenges from Trump's campaign and allies following the November 2020 election.

Persons: Donald Trump, Evelyn Hockstein, Joe Biden, Biden, Trump, NBC's, William Barr, Bill Barr, Jason Lange, Scott Malone, Will Dunham Organizations: Fair, REUTERS, Rights, Former U.S, Trump, Republican, Democratic, Press, White, Thomson Locations: Iowa, Des Moines , Iowa, U.S, Former, Washington, Georgia

☆ The UAW strike and the inexorable math of electric vehicles
▼ + stars: | 2023-09-17 | by ( Alistair Barr | ) www.businessinsider.com time to read: +6 min

EVs have fewer parts than gas-powered vehicles. This means fewer jobs in the industry. That means fewer jobs because EVs are much simpler and therefore easier to assemble. Higgins wrote a book about Tesla, called Power Play, that expertly explains how the company developed a more efficient vehicle manufacturing process. The Tesla Giga Press is a giant machine that uses aluminum die casting to make much larger vehicle parts.

Persons: Stellantis, Tesla, I've, Jim Farley, Carl Court, Elon Musk, Tim Higgins, Higgins Organizations: GM, Ford, EV, Service, Bloomberg, Congressional Research Service, Labor, Auto, Financial Times, UAW, Street, Tesla, Shanghai, Giga, Tesla Giga Press, Toyota, Hyundai, Reuters Locations: Wall, Silicon, Dagenham , England

☆ Rudy Giuliani 'may have been compromised' by the Kremlin, and FBI leaders didn't care, alleges special agent Johnathan Buma
▼ + stars: | 2023-09-16 | by ( Mattathias Schwartz | ) www.businessinsider.com time to read: +10 min

Johnathan Buma says his FBI supervisors didn't care about his leads tying Giuliani to Russian intelligence. They are also investigating Hunter Biden for the firearm-related charges that he was indicted for this week. FBI didn't care about Giuliani's possible Kremlin ties, Buma says"Rudy Giuliani may have been compromised by individuals suspected of being involved in Russian counterintelligence influence operations," Buma told Insider. According to Buma's disclosure, an FBI Intelligence Information Report asserted that Fuks was "a co-opted asset of the RIS" or the Russian intelligence services. Hunter Biden left his laptop at a computer repair store in April 2019.

Persons: Johnathan Buma, Giuliani, Hunter Biden, Robert Mueller's Trump, Donald Trump's, Buma, Biden, Trump, Rudy Giuliani, Pavel Fuks, Fuks, Burisma, Hunter's, George Soros, Hunter Biden's, Bill Barr's, Geoffrey Berman, Bill Barr, Barr, Berman, he's, Amelia Kosciulek, we're, aren't, Mattathias Schwartz Organizations: FBI, Service, Los Angeles Field Office, Trump, GOP, of Justice, New York Post, Southern, of New, Washington Field Office, New York Field Office Locations: Russian, Wall, Silicon, Russia, Mar, Lago, Ukrainian, Moscow, Washington, Ukraine, Ukraine —, Delaware, of New York, Buma, schwartz79@protonmail.com

☆ The raw materials for creating AI
▼ + stars: | 2023-09-15 | by ( Alistair Barr | Kali Hays | ) www.businessinsider.com time to read: +5 min

The AI models behind this technology are built using high-quality datasets from millions of different sources. These are the raw materials for model "training," in industry parlance. Nvidia GPUs are the main hardware required for AI model training. AdvertisementAdvertisementOver 8,000 authors, including Margaret Atwood and James Patterson, signed an open letter demanding compensation from AI companies for using their works to train AI without permission. Got a tip or insights about the leading AI companies OpenAI, Google, Microsoft and Meta?

Persons: ChatGPT, Nat Friedman, Ben Thompson, Friedman, There's, OpenAI, Reddit, Sarah Silverman, Margaret Atwood, James Patterson, JK Rowling's Harry Potter, Alistair Barr Organizations: Service, Nvidia, Tech, Amazon, LexisNexis, Meta, Google, Microsoft, Twitter Locations: Wall, Silicon, abarr@insider.com

☆ Special counsel seeks court order limiting Trump's public statements
▼ + stars: | 2023-09-15 | by ( Katelyn Polantz | ) edition.cnn.com time to read: +5 min

CNN —Justice Department prosecutors want US District Judge Tanya Chutkan to reel in Donald Trump’s public statements in the federal 2020 election interference case against him, asking her to place a court order limiting what he can say, according to a newly released filing. The request for a limited gag order, filed in recent days, represents the most direct response from prosecutors with special counsel Jack Smith’s office to the former president’s public statements to date. The Justice Department said the order is needed to protect the integrity of his trial in March. Trump has already been ordered not to intimidate potential witnesses or talk to them about the facts of the case. They are also seeking a court order that would block Trump’s lawyers from polling potential jurors for the case without the court’s approval first.

Persons: Tanya Chutkan, Donald Trump’s, Jack Smith’s, Trump, ”, Smith, Joe Biden, Chutkan, Mike Pence, Bill Barr –, Prosecutors, ” Trump, Smith’s Organizations: CNN — Justice Department, Justice Department, Trump –, Chutkan, Trump, ” Prosecutors, Defense, Capitol Locations: Washington ,, United States

Yelling at Michael Barr, the Federal Reserve’s top banking regulator, has never been particularly effective, his friends and co-workers will tell you. That hasn’t stopped America’s biggest banks, their lobbying groups and even his own colleagues, who have reacted to his proposal to tighten and expand oversight of the nation’s large lenders with a mix of incredulity and outrage. The proposal would push up the amount of easy-access money that banks need to have at the ready, potentially cutting into their profits. Lawmakers sent worried letters to the Fed and peppered its officials with questions about what the proposal would contain. The Bank Policy Institute, a trade group, recently rolled out a national ad campaign urging Americans to “demand answers” on the Fed’s new capital rules.

Persons: Michael Barr, hasn’t, Kevin Fromer, Barr, Lawmakers Organizations: Federal, Financial Services, Mr, BNP Paribas, HSBC, TD Bank, Hill, Bank Policy Institute, Fed

☆ How this aggressive growth fund beat the S&P 500 without Nvidia or Big Tech
▼ + stars: | 2023-09-11 | by ( Weizhen Tan | ) www.cnbc.com time to read: +4 min

Many growth funds have performed on pace with the S & P 500 this year, driven by mega-cap names such as Nvidia , Alphabet and Tesla . The Needham Aggressive Growth Fund , however, has outperformed. Aggressive growth funds are focused on investing in growth stocks, with high potential future to grow — but also higher risk. Picking companies Portfolio manager Barr, who has managed the fund since 2010, told CNBC Pro that "there is a rich universe of investment opportunities beneath the big tech companies like Nvidia." "There are small-cap companies with rapid growth, and also with the steady growth that Needham prefers."

Persons: It's, John Barr —, Barr, Needham Organizations: Nvidia, Big Tech, Morningstar, CNBC, Apple, Needham Funds Locations: industrials, Barr, United States

REUTERS/Evelyn Hockstein/File Photo Acquire Licensing RightsWASHINGTON, Sept 8 (Reuters) - The Federal Reserve's top regulatory official said on Friday the central bank is "a long way" from any decision on whether it would issue its own digital currency, and added it would not do so without official support in Washington. Fed Vice Chair for Supervision Michael Barr said while officials are investigating a central bank digital currency (CBDC), the Fed was far from any decision. "Of course, investigation and research are very different from decision-making about next steps in terms of payments system development, and we are a long way from that." Barr's comments echo those of Fed Chair Jerome Powell, who also has said the Fed would not move to issue a digital currency without explicit authorization from Congress. It is important to get the legislative and regulatory framework right before significant risks emerge," he said.

Persons: Michael Barr, Evelyn Hockstein, Barr, Jerome Powell, Pete Schroeder, Hugh Lawson, Andrea Ricci Organizations: Banking, Housing, Urban Affairs Committee, Capitol, REUTERS, Rights, Federal, U.S ., Thomson Locations: Washington , U.S, Washington, Philadelphia

☆ Morning Bid: Markets find feet after Apple topples
▼ + stars: | 2023-09-08 | by ( ) www.reuters.com time to read: +4 min

People walk near an Apple logo outside its store in Shanghai, China September 8, 2023. The stock appeared to stabilize in out-of-hours trade on Friday and Morgan Stanley analysts claimed China's iPhone bans would at most hit Apple revenues by about 4%. The upshot was the rates market calmed a bit - with the odds on another Fed hike in the cycle falling back below 50% despite the red hot jobless claims readout. That helped Treasury yields <US10YT+RR> fall back too, aided by the stock market wobble and an oil price coming off the boil. The stock exchange there halted trading in both securities and derivatives markets due to a black rainstorm warning.

Persons: Aly, Mike Dolan, Apple sideswipe, Morgan Stanley, We've, John Williams, Austan Goolsbee, Lorie Logan, Michael Barr, Mary Daly, Andrew Cawthorne Organizations: Apple, REUTERS, Federal, Huawei, New, Fed, Chicago Fed, Dallas Fed, San Francisco Fed, Kroger Reuters Graphics Reuters, Reuters, Thomson Locations: Shanghai, China, U.S, India, Asia, Hong Kong, United States, New Delhi

☆ ‘Barbie’ Is Still Dominating the Summer. So Is the Soundtrack.
▼ + stars: | 2023-09-04 | by ( Natalia Barr | ) www.wsj.com time to read: 1 min

Persons: Dow Jones

☆ China's government-approved AI chatbots were released to the public this week. Baidu's chatbot Ernie reportedly says a Chinese military takeover of Taiwan is possible.
▼ + stars: | 2023-09-02 | by ( Aaron Mok | Alistair Barr | ) www.businessinsider.com time to read: +4 min

The Chinese government recently approved several generative AI chatbots for public use. Baidu's new Ernie AI chatbot weighed in on the future of Taiwan. Zhipu, from shopping-platform Meituan, gave the best results, he said, though "all the Chinese bots have catching up to do." On Taiwan: When the reporter asked these AI bots whether Taiwan is a country, Ernie declared that a Chinese military takeover of Taiwan is possible, according to the report. When the reporter asked these AI bots whether Taiwan is a country, Ernie declared that a Chinese military takeover of Taiwan is possible, according to the report.

Persons: Ernie AI chatbot, Baidu's, Ernie, Baidu, SenseTime's SenseChat, Bytedance's, Zheping Huang, Tencent's, SenseTime, Xi Jinping Organizations: Bloomberg News, Morning, Baidu, Reuters, Bloomberg Locations: Taiwan, China

☆ A hidden reason for San Francisco's remote work 'doom loop': Air conditioning
▼ + stars: | 2023-09-02 | by ( Alistair Barr | ) www.businessinsider.com time to read: +3 min

San Francisco remains firmly at the bottom of US rankings when it comes to office attendance. In San Francisco, it was 65 degrees fahrenheit. It's probably another reason why San Francisco remains firmly at the bottom of the rankings when it comes to office attendance by employees. Its report for July 2023 shows visits to office buildings in San Francisco are still almost 50% below 2019 levels. AdvertisementAdvertisementMore CEOs are keen to get employees back to the office now, including several leaders of tech companies in the San Francisco Bay Area.

Persons: It's, There's Organizations: Washington DC, Morning, San, San Francisco Bay Area Locations: San Francisco, Washington, Tokyo, Francisco's, Japan's, San Francisco Bay

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