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Persons: Dow Jones
OpenAI is introducing a new feature that gives the chatbot a voice to respond to you with audio. "Voice chat was created with voice actors we have directly worked with. The bid to make chatbots more human-like comes as companies seek to transform generative AI technology into useful tools that act as personal assistants for users. ChatGPT will also have a new feature that allows it to "see," with users able to show ChatGPT what they're talking about by showing them images. "Voice and image give you more ways to use ChatGPT in your life," OpenAI said.
Persons: , Joanna Stern, OpenAI, We're, Siri Organizations: Service, Apple Locations: Wall, Silicon, Ember
He later addressed supporters outside a boat manufacturing facility, where he showed off a slew of new South Carolina endorsements, including from the state's attorney general, its secretary of state, its House majority leader and other members of the South Carolina House of Representatives. While his rivals have been busy holding town halls and visiting local diners, Trump has spent much of the last months responding to his mounting legal troubles. Beyond his complaints with the press, Trump lashed out at Mark Milley, the retiring chairman of the Joint Chiefs of Staff, over phone calls he made to China in the final stormy months of Trump’s presidency. But Trump on Friday claimed Milley had committed “an act so egregious that, in times gone by, the punishment would have been DEATH! Ambassador and current GOP rival Nikki Haley, a native of South Carolina, calling her “Birdbrain."
Persons: Donald Trump ramped, Glock, Trump, Joe, ” Trump, Mark Milley, Milley, , , , Mitch McConnell, , New Jersey Sen, Bob Menendez, Lockheed Martin, Nikki Haley, Howard Stern, Michelle Price Organizations: Republican, South Carolina House of, GOP, Trump, NBC, MSNBC, Fake News Media, Joint Chiefs of Staff, USA, Democratic, New, Strike Fighter, U.S . Air Force, Lockheed, Boeing, ___ Associated Locations: SUMMERVILLE, S.C, South Carolina, Summerville, Carolina, Michigan, China, United States, U.S, New Jersey, Columbia, New York
EY chief economist Gregory Daco thinks "consumers are becoming more conservative with their spending." Coming up is another headwind: the restart of federal student-loan payments. The different economic threats means consumer spending growth may not be so hot next year, as consumers are already reducing their spending. Other economists have pointed out how the upcoming student-loan payment restart will have an impact on the economy. Have you changed your spending habits or are you spending less on certain items given the restart of student-loan payments, fewer savings, and other factors?
Persons: Gregory Daco, Taylor Swift, it's, Daco, Torsten Sløk, NYU Stern, David Kelly Organizations: Service, Consumer, Bureau of Labor Statistics, BLS, NYU, Morgan Asset Management, AAA, CNBC Locations: Wall, Silicon, American, , mhoff@insider.com
Instacart founder's empty fridge was the "lightbulb moment" for coming up with the idea for the delivery startup, he said. Apoorva Mehta walked away with over $1.1 billion in net worth after the delivery startup's IPO on Wednesday. AdvertisementAdvertisementMehta walked away with a fortune of over $1.1 billion after his delivery startup's IPO on Tuesday. Before starting the company, Mehta quit his job at Amazon in 2010 and moved to San Francisco to become an entrepreneur. During the early stages of Instacart, Mehta also said he missed the application deadline for the startup accelerator YCombinator by over two months.
Persons: Apoorva Mehta, Instacart, Mehta, Fidji Simo, — Aswath, NYU's Stern School of Business —, Damodaran Organizations: Service, Meta, Bloomberg, SEC, NYU's Stern School of Business, Amazon, CNBC Locations: Wall, Silicon, San Francisco, Friday's
Amazon plans to invest $4 billion in AI startup Anthropic, the firm announced Monday. The move gives Amazon a stake in a foundational AI company to compete with Microsoft and Google. Conor Grennan, dean of students and head of generative AI at NYU Stern, wrote in a LinkedIn post that "this Anthropic deal has predator moves against Microsoft and Google written all over it." Google invested $300M months ago & Anthrophic should have used GCP as their preferred cloud provider. Instead:"Anthropic selects AWS as its primary cloud provider."
Persons: Anthropic, Claude, , OpenAI, Conor Grennan, Grennan, Gergely Orosz, GCP, NYU Stern's Grennan Organizations: Amazon, Microsoft, Google, Service, NYU Stern, Nvidia, Alexa, GCP, NYU, AWS Locations: Anthropic, OpenAI
RENO, Nev. (AP) — The Nevada Republican Party approved rules Saturday for their presidential caucus that many campaigns suspect are meant to help former President Donald Trump win the state's GOP delegates. The provisions would bar any candidate from the Feb. 8 caucus if they participate in the state-run primary two days earlier. The moves reflect Trump's grip on many state parties and his status as the perennial frontrunner, particularly in Nevada, where the state GOP is run by allies of the former president. But those results will likely be symbolic since the state party refuses to use them to determine delegates. The national Republican Party generally allows state parties to decide how they will award delegates.
Persons: The, Donald Trump, Ron DeSantis, Trump, Michael McDonald, Joe Lombardo’s, ” McDonald, , ” Jim DeGraffenreid, ” DeGraffenreid, ” ___ Michelle L, Price, Stern Organizations: The Nevada Republican Party, GOP, Florida Gov, Associated Press, Nevada Republican Party, Republican Party, Republican, Nevada Republican Club, Nevada GOP, Republican Gov, Committeeman, Trump, America Statehouse News Initiative, America Locations: RENO, Nev, Florida, Nevada, Nevada , Louisiana , Pennsylvania, New Jersey, In Michigan, Idaho , Louisiana, Colorado, New York
Donald Trump hit out at radio personality Howard Stern in a late-night social media post. He said Stern was a "disloyal guy" and a "broken weirdo" in a Truth Social post. "The real Howard Stern is a weak, pathetic, and disloyal guy, who lost his friends and MUCH of his audience," Trump wrote in the post. "His influence is gone, and without that, he's got NOTHING - Just a broken weirdo, unattractive both inside and out, trying like hell to be relevant!" Stern said on "The Howard Stern Show" on Monday that he took it as a compliment when people called him woke.
Persons: Donald Trump, Howard Stern, Stern, Trump, he's, CNN's KFile Organizations: Service, Trump Locations: Wall, Silicon
Apple is marketing a security feature after the WSJ revealed it can be used by iPhone thieves. Thieves have reportedly taken up to $10,000 through iPhones by using the Apple ID reset feature. Earlier this week, Apple made a post on X, previously known as Twitter, that included a short video on how Apple users can change the passwords to their Apple ID accounts. "I absolutely cannot believe Apple is marketing this as a feature," Stern wrote on X. "Of course, I tried it like minute three, I tried it," Ayas told Insider in reference to the "Find my iPhone" feature.
Persons: they've, Apple, Joanna Stern —, Stern, John Gruber, Gruber, wasn't, Ayas, — Apple, Apple hasn't, Gruber didn't Organizations: Apple, Service, Street, Mac, . Apple Locations: Wall, Silicon, New York
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNYU professor says he's skeptical of any company entering the market with a 'SoftBank-based pricing'Aswath Damodaran, professor of finance at NYU Stern School of Business, discusses recent initial public offerings, such as Arm's, and says "I just don't trust SoftBank."
Persons: Damodaran Organizations: NYU Stern School of Business
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
iPhone and Samsung Battery Heat Test: How Hot Is Too Hot? Heat is enemy No. But at what temperature will you get a warning? WSJ’s Joanna Stern heated up an iPhone and a Samsung Galaxy S to get the answers. Photo illustration: Nayon Cho for The Wall Street Journal
Persons: Joanna Stern, Nayon Cho Organizations: Samsung Battery, Samsung Galaxy, Wall Street
UNITED NATIONS (AP) — It's Day 2 of the U.N. General Assembly high-level meeting that brings world leaders together at U.N. headquarters in New York. Political Cartoons View All 1169 Images— Speech count: 37, including opening speeches from the secretary-general and General Assembly presidentWHAT TO EXPECT AT THE UN GENERAL ASSEMBLY ON DAY 2— The U.N. Security Council will also meet. On the agenda: “maintenance of peace and security in Ukraine.” That country's president, Volodymyr Zelenskyy, is expected to attend. Climate Ambition Summit, where only leaders from nations that bring ideas for new and meaningful action will be allowed to speak. ___For more coverage of this year's U.N. General Assembly, visit https://apnews.com/hub/united-nations-general-assembly
Persons: , António Guterres, Volodymyr Zelenskyy, Joe Biden, Benjamin Netanyahu, Netanyahu, QUOTABLE, , Gustavo Petro Organizations: UNITED NATIONS, General Assembly, UN GENERAL, General, . Security, Ambition, Israeli Locations: U.N, New York, Manhattan, Libya, Nagorno, Karabakh, Ukraine
On Wednesday, the Federal Open Market Committee will announce whether it will raise interest rates again or implement a pause. AdvertisementAdvertisementHatzius also said at the NYU forum that "we've seen a very substantial rebalancing of the labor market." "We have seen clear evidence that inflation is moving down to the Fed's target, or strongly in the direction of the Fed's target, without a substantial deterioration in the real economy," Hatzius said. "We're entering a period where consumers are returning to an environment where they're much more dependent on the path of the labor market, on the flow of income creation," Meyer said. Goldman Sachs predicted those events could stunt economic growth — and complicate the Fed's job in the months to come.
Persons: Jerome Powell, Powell, Jan Hatzius, Goldman Sachs, we've, Hatzius, Nick Bunker, it's, Bunker, Julia Pollak, Pollak, Michelle Meyer, Meyer Organizations: Service, Federal, Economic, North America, Bureau of Labor Statistics, NYU, Jackson, Mastercard, Politico, of Labor Statistics, Fed Locations: Wall, Silicon
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Persons: Dow Jones
You can walk out of the Savers in Manchester, N.H., with a shirt for as little as $4.99. Framed artworks too big for shelves lean invitingly against one of the walls. The thrift store’s manager says that shopping there is like a personal treasure hunt, which was certainly the case for one woman who made the find of a lifetime in 2017. Two women in the image appeared to be in a standoff, the elder displaying stern disapproval. The shopper was taken by the painting — Who were the women?
Persons: Wyeth, ” “ Robin Hood ”, “ Robinson Locations: Manchester, N.H, American
But I also spent time with Ossie and Ruby when they came to the rehearsals for my first Broadway show, “A Raisin in the Sun” [in 2004]. When Jeffrey approached me about possibly doing this on Broadway, I said, “I’m your guy,” because I love Ossie Davis. I found out that he always loved the play, so to have him want to be in it and produce it with Jeffrey Richards made it a reality. KARA YOUNG I was really surprised that Ossie Davis wrote a play like this. [Dee starred in the original 1959 Broadway production with Davis joining the cast later that year.]
Persons: KENNY LEON, Jeffrey Richards, Helen Stern Richards, Ossie, Ruby, Jeffrey, , Ossie Davis, LESLIE ODOM, LEON, Leslie, KARA, Sun ”, Dee, Davis, LEON I don’t, shortchange Ossie Organizations: Fox Theater, Freedom, Sun Locations: Atlanta, Philly, America, American
Like most lobstermen, the Maine House Republican leader scrambled to complete his work ahead of the remnants of Hurricane Lee. Rep. Billy Bob Faulkingham was rushing home from sea when a giant wave rose up, seemingly from nowhere, and towered over his boat. Suffering a black eye, facial fracture and stitched lip, Faulkingham counted Polk and himself lucky to be alive Monday. In the meantime, the Coast Guard, responding to the beacon, alerted Faulkingham's wife at 12:20 p.m. and the search was on. He hauled them onto his lobster boat and rush to shore, where an ambulance took them to the hospital.
Persons: Hurricane Lee, Rep, Billy Bob Faulkingham, Alex Polk, ” Faulkingham, Faulkingham, Polk, It’s, , Faulkingham's, Mikie Faulkingham, Lee, Diolanda Caballero, , — it’s, ” Caballero Organizations: Maine House Republican, Atmospheric Administration, . Coast Guard, lobstermen, Coast Guard, Associated Press, National Weather Service Locations: Hurricane, Winter, Desert Island, Acadia, Gulf of Maine
Gavin Newsom said Sunday that he plans to sign into law a pair of climate-focused bills intended to force major corporations to be more transparent about greenhouse gas emissions and the financial risks stemming from global warming. Newsom's announcement came during an out-of-state trip to New York’s Climate Week, where world leaders in business, politics and the arts are gathered to seek solutions for climate change. California lawmakers last week passed legislation requiring large businesses from oil and gas companies to retail giants to disclose their direct greenhouse gas emissions as well as those that come from activities like employee business travel. The goal is to increase transparency and nudge companies to evaluate how they can cut their carbon emissions. Newsom, a Democrat, said he wants California to lead the nation in addressing the climate crisis.
Persons: Gavin Newsom, , Sen, Scott Wiener, ” Wiener, Newsom’s, Henry Stern, Newsom Organizations: , Democrat, Court Locations: — California, New, California, , Los Angeles, San Francisco
Taiwan blasts Elon Musk over latest China comments
  + stars: | 2023-09-14 | by ( ) www.reuters.com   time to read: +2 min
"Their (Beijing's) policy has been to reunite Taiwan with China. Taiwan Foreign Minister Joseph Wu, in a post on X late Wednesday, responded that he hoped Musk could ask China to "open @X to its people". China blocks X, along with other major Western social media like Facebook. This is not the first time Musk, whose Tesla had a large factory in Shanghai, has riled Taiwan. Last October, he suggested that tensions between China and Taiwan could be resolved by handing over some control of Taiwan to Beijing, drawing a similarly strong reprimand from Taiwan.
Persons: Elon Musk, waded, Joseph Wu, Ukraine's, Wu, Taiwan's, Tesla, Ben Blanchard, Stephen Coates Organizations: YouTube, U.S . Pacific Fleet, Taiwan, Facebook, Russia, Thomson Locations: TAIPEI, Taiwan, China, Beijing, Taipei, Los Angeles, Hawaii, Sevastopol, People's Republic of China, Shanghai
SACRAMENTO, Calif. (AP) — California lawmakers were scheduled to vote Thursday on whether to give Democratic Gov. Five companies paid roughly $750 million last year to lease areas off the California coast to build wind turbines. The bill before lawmakers Thursday would let the state buy the power. Consumers would not pay it until the wind projects are up and running, likely several years from now. The bill lawmakers approved on Wednesday also includes provisions to fast-track new electric transmission projects.
Persons: Gavin Newsom's, Alex Jackson, , Sen, Brian Dahle, ” Scott Wetch, Newsom, Henry Stern, Alice Reynolds, ” Reynolds Organizations: Democratic Gov, American Clean Power Association, Republican, of Water Resources, Democratic, California Public Utilities Commission Locations: SACRAMENTO, Calif, California
It marked the longest a genetically modified pig kidney has ever functioned inside a human, albeit a deceased one. “Two months is a lot to have a pig kidney in this good a condition. Political Cartoons View All 1160 ImagesSo-called xenotransplantation attempts have failed for decades — the human immune system immediately destroyed foreign animal tissue. Montgomery gambled that maintaining Miller's body on a ventilator for two months to see how the pig kidney worked could answer some of those questions. She recently got a card from a stranger in California who's awaiting a kidney transplant, thanking her for helping to move forward desperately needed research.
Persons: gurney, Maurice “ Mo ” Miller, , Dr, Robert Montgomery, Montgomery, , Mary Miller, Duffy, Miller, ” Miller, Sue Duffy, Montgomery’s, immunologist Massimo Mangiola, Jeffrey Stern, Karen Maschke, Mangiola Organizations: NYU Langone, Food and Drug Administration, Associated Press, University of Maryland, FDA, NYU, Hastings Center, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: Newburgh , New York, California
By raising interest rates, the Fed "wants us to buy fewer cars. There are signs that a drop in savings could be making it harder for Americans' to keep up with paying off debt. Long-term interest rates rising for non-economic reasonsLong-term interest rates are on the rise, even though economic data on the whole is improving. Higher-interest payments for the US governmentSløk also noted higher interest payments for the US government as another downside risk to the outlook. Projections published by the Congressional Budget Office show increasing estimates for the upcoming decades for federal interest payments as a share of GDP.
Persons: Torsten Sløk, Sløk, Paul Krugman, Persis Yu, Jan Hatzius, Goldman Sachs, Hatzius, it's, , you've, Andy Kiersz, That's, Brent Organizations: Service, Apollo Global Management, NYU Stern School of Business, Federal Reserve, San, San Francisco Fed, Student, Protection, CNBC, New York Fed, Banking, West Texas, Labor Statistics, US, Fitch, Congressional Locations: Wall, Silicon, San Francisco, China, Japan, Europe, Germany
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSoftBank's involvement in the ARM IPO is a red flag, says NYU's Aswath DamodaranAswath Damodaran, professor of finance at NYU Stern School of Business, joins 'The Exchange' to discuss a potentially over-zealous hype going into the ARM IPO valuation, concerns about SoftBank's involvement in the ARM IPO, and expectations for upcoming IPOs in the pipeline.
Persons: NYU's, Damodaran Organizations: ARM, NYU Stern School of Business
iPhone and Samsung Battery Heat Test: How Hot Is Too Hot? Heat is enemy No. But at what temperature will you get a warning? WSJ’s Joanna Stern heated up an iPhone and a Samsung Galaxy S to get the answers. Photo illustration: Nayon Cho for The Wall Street Journal
Persons: Joanna Stern, Nayon Cho Organizations: Samsung Battery, Samsung Galaxy, Wall Street
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