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☆ The FTC is going to war with tax services that bill themselves as free
▼ + stars: | 2024-02-28 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +4 min

The FTC filed a lawsuit against H&R Block over what the commission called deceptive advertising. AdvertisementSo-called "free" online tax filing services like Intuit's TurboTax and H&R Block's Online Filing option have, for a long time, not actually been free for many Americans. The consumer protection agency filed a complaint against H&R Block last week, accusing the company of deceptive advertising and unfairly deleting users' tax data. A 2019 ProPublica investigation found Intuit and H&R Block's practices — including hiding their free filing options from Google search — are part of a decadeslong lobbying effort by the companies to keep tax filing services complicated. It was partially because of those lobbying efforts that the IRS did not roll out its own online free tax filing pilot until last year.

Persons: —, Samuel Levine, Levine, Dara Redler, Derrick L, Plummer Organizations: FTC, H, Intuit, Service, Consumer, Business, NPR, Google, IRS Locations: FTC's

☆ An act of generosity is one of the 'quickest and easiest ways to get happier'—here's why
▼ + stars: | 2024-02-28 | by ( Renée Onque | ) www.cnbc.com time to read: +3 min

Buying someone a coffee or holding the door open for the person behind you are examples of one of the simplest ways to increase your happiness: generosity. "One of the quickest and easiest ways to get happier is to be generous," Dan Harris said in a recent episode of his podcast, "Ten Percent Happier with Dan Harris." In some ways, that's the least interesting part of it," said Chris Anderson, curator of TED who spoke with Harris for his podcast. The scientific explanation behind that is that "we are wired to be generous," Anderson said. It's really, really true now, more so than it has ever been," Anderson said.

Persons: Ruth Gottesman, Gottesman, Dan Harris, Chris Anderson, Harris, Anderson, We've Organizations: Albert Einstein College of Medicine, Research, CNBC, Harvard, Nature Communications, TED, Cleveland

☆ The 'biggest mistake' buyers make when negotiating a car purchase, according to a former broker
▼ + stars: | 2024-02-28 | by ( Nicolas Vega | ) www.cnbc.com time to read: +2 min

Buying a car can be stressful, especially when you're negotiating with dealers armed with tricks designed to get you to spend more money. Wiener said that of all the negotiating mistakes that buyers make, one looms above the rest. "You never want to say what you're willing to pay per month," Wiener said. Rather than laying out how much money you're open to spending on your car payment, you should instead determine what the dealership is willing to sell you the car for. He gave the example of a client who wanted to buy a car and put $10,000 down with 0% financing.

Persons: Tosh, Daniel Tosh, Marty Wiener, Wiener, you've, it's, David Weliver Organizations: CNBC

☆ I’ve spent 20 years studying what makes relationships successful—here's the No. 1 'non-negotiable' ritual
▼ + stars: | 2024-02-28 | by ( Sara Nasserzadeh | ) www.cnbc.com time to read: +4 min

As a social psychologist, couples counselor and relationship expert, I've spent over 20 years working with thousands of individuals and couples. I've found that it's usually these daily tasks, and each partner's perception of fairness, that ultimately causes a lot of conflict. Be realistic about your list and talk about the resources you each need. Over time, a lot of things become automatic and some tasks only have to be discussed when there's a change. Make a list you can refer back to and adjustCreate a list that's visible to you both, like a shared online calendar with different color coding.

Persons: I've, Pejman, Sara Nasserzadeh Organizations: Wednesday, NPR, BBC, CNN, USA, CNBC

☆ The Startup Keeping Wind Turbine Blades Out of Landfills
▼ + stars: | 2024-02-28 | by ( Elizabeth Mccauley | Manuel Silva-Paulus | ) www.businessinsider.com time to read: 1 min

Conventional recycling techniques don't work on wind turbine blades. Now, an Ohio startup is turning them into park benches and planters. But how much trash will the wind energy industry create?

Locations: Ohio

☆ NASA’s DART mission: Spacecraft impact reshaped Dimorphos asteroid
▼ + stars: | 2024-02-27 | by ( Ashley Strickland | ) edition.cnn.com time to read: +7 min

CNN —When NASA’s Double Asteroid Redirection Test spacecraft intentionally slammed into the asteroid Dimorphos in September 2022, the impact may have caused “global deformation” of the space rock, according to new research. Dimorphos is a moonlet asteroid that orbits a larger parent asteroid known as Didymos. The DART mission ended upon impact, but prior to colliding with Dimorphos, the spacecraft transmitted an incredibly detailed view of the little asteroid’s boulder-covered surface that is helping researchers learn more about how the space rock formed. Rather than forming a simple crater on Dimorphos, the DART impact reshaped the entire asteroid, the results have suggested. Recreating the DART impactA team of researchers modeled the impact using the Bern smoothed-particle hydrodynamics shock physics code to achieve their results.

Persons: Dimorphos, It’s, ”, Dr, Sabina Raducan, Japan’s, ” Raducan, Martin Jutzi, Hera, Raducan, Sir Brian May, Claudia Manzoni Organizations: CNN, DART, Dimorphos, University of Bern’s Physics Locations: Italian, Dimorphos, Bern, Switzerland

☆ The UK military is putting a new focus on trench warfare after seeing what's happening in Ukraine
▼ + stars: | 2024-02-27 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +4 min

The UK is putting new focus on preparing its troops for trench warfare. Trench warfare may have been somewhat "consigned to history," one said — but no longer. AdvertisementThe UK military is putting a renewed focus on preparing for trench warfare after observing the fight between Russia and Ukraine. Russia's invasion of Ukraine has brought trench warfare back to Europe, with both sides digging vast networks of fortifications. Other NATO members are also training troops on trench warfare, citing its resurgence in the war in Ukraine.

Persons: —, Wilson, Kostya, Davidson, Operation Interflex Organizations: Service, Business, Ministry of Defence, NATO Locations: Ukraine, Russia, Russia's, Europe, England, Col, Germany, Ukraine —, Britain, Iraq, Afghanistan, Ukrainian, Bakhmut, British

☆ My first job ever was at my local White Castle: 3 skills I learned working in fast food that I still use today
▼ + stars: | 2024-02-27 | by ( Renée Onque | ) www.cnbc.com time to read: +5 min

Ironically, I worked at the same exact White Castle location that my dad did when he was around the age of 18. At 18 with zero work experience, my options were limited to retail and fast food; I landed on the latter and snagged my first gig at White Castle. How to maintain clear communication when my patience is testedIn fast food, the customer is always right, even when they're wrong. I have my job at White Castle to thank for my ability to pivot at work during intense moments like that one. So, remember to be extra kind to fast food and retail workers.

Persons: I'm, chastising, Tiffanie Boyd, McDonald's, Let's, Boyd Organizations: White, Communication, CNBC Locations: White, fryer, Canada

☆ Use this simple strategy to win your boss over, say two CEOs: ‘Don't be afraid to be seen’
▼ + stars: | 2024-02-26 | by ( Morgan Smith | ) www.cnbc.com time to read: +3 min

But it takes a lot more than being a hard worker who meets deadlines to be a standout employee. Hoskins has noticed that younger employees — Gen Zers and millennials —are especially good at establishing strong, empathetic relationships with higher-ups. If it's hard to find time on their calendar for a check-in, Cohen says you can still build a strong personal relationship with your boss with small gestures. What most employees don't realize, adds Hoskins, is that "as much as you want your boss to like you, they want you to like them too. So don't be afraid to be seen, to build a close relationship with them."

Persons: Andy Cohen, Diane Hoskins, Hoskins, Gen Zers, — Hoskins, Alison Green, Cohen Organizations: CNBC

☆ Sayre Gomez’s paintings show LA ‘as it is, rather than a projection’
▼ + stars: | 2024-02-26 | by ( Victoria Woodcock | ) edition.cnn.com time to read: +7 min

CNN —It was not until I looked at “Family Room” for the second time that I saw the two children. The scene of decay and demise is a painting by LA-based artist Sayre Gomez, called “Family Room,” that brings together disparate elements of his hometown in an unnervingly photorealist style. The work forms part of his solo show “Heaven N’ Earth,” at art dealer Xavier Hufkens’ flagship gallery in Brussels, Belgium, exploring the complex dichotomies of the urban landscape. The Broad Museum in Los Angeles has also recently added Gomez’s work to its collection. Gomez's photo-realistic work is currently appearing in a solo show at Xavier Hufkens in Brussels, Belgium (above) and a group show at The Broad in Los Angeles.

Persons: Sayre Gomez, Xavier Hufkens, ” Gomez, Xavier Hufkens It’s, “ Gomez, Gomez, ”, Ed Rusha, Jack Goldstein, ” Sayre Gomez, Sam Ramirez, it’s, fabricators, John Baldessari, Xavier Hufkens “, Ed Schad, David Zwirner Organizations: CNN, Los Angeles Homeless Services Authority, California Institute of the Arts, Lucasfilm, Peabody Werden, Voorlinden, The Broad Museum Locations: LA, Brussels, Belgium, deindustrialization, ”, Chicago, Los Angeles, Boyle Heights, Hollywood, Netherlands, Hope, Angeles, California

☆ Remains of Oregon teen who went missing over 50 years ago are identified after someone uploaded their DNA into genealogy site
▼ + stars: | 2024-02-25 | by ( Dalia Faheid | ) edition.cnn.com time to read: +3 min

CNN —The remains of a Portland, Oregon, teenager who vanished in the late 1960s have been identified through advanced DNA testing more than 50 years after she went missing, authorities said. In 1970, a Boy Scout troop leader discovered the girl’s remains buried in a shallow grave on Sauvie Island in Oregon. Investigators at the time were unable to identify them, but noted that that trauma to the body indicated foul play, Oregon State Police announced in a news release on Thursday. Family members told authorities they believed Young went missing from Portland around the time the remains were discovered, according to the news release. “Sandra Young has now regained her identity after 54 years,” said Dr. Nici Vance of the Oregon State Medical Examiner’s Office.

Persons: Sandra Young, Young, “ Sandra Young, ”, Nici Vance, Sandy Young’s, ” Vance Organizations: CNN, Boy Scout, Investigators, Oregon State Police, Grant High School, Oregon State Medical Examiner’s Office, Oregon, Medical Examiner, Portland Police Locations: Portland , Oregon, Oregon, Portland, Sauvie, ”

☆ Women can exercise less often than men and still see greater health benefits, new study shows
▼ + stars: | 2024-02-24 | by ( Renée Onque | ) www.cnbc.com time to read: +4 min

Women may see greater health benefits from exercising regularly than men do, according to a recent study. DON'T MISS: Exercise 2-4x more than the HHS recommends to achieve maximum benefit, says new studyResearchers also found that women were able to see greater health benefits with less exercise than their male counterparts. Men who engaged in about five hours of moderate to vigorous exercise each week lowered their chances of dying by 18% in comparison to men who didn't. The reason why women may have stronger benefits from regular exercise than men isn't clear, though it's possible it boils down to differences in anatomy, the study's researchers told CBS News. Exercising regularly is great for heart health in general"I think the big message is physical activity helps to reduce cardiovascular mortality, period," Garg tells CNBC Make It.

Persons: Beteal, wasn't, Nadish, Garg Organizations: American College of Cardiology, HHS, University of Miami Miller School of Medicine, CBS News, Hermann, CNBC, U.S . Department of Health, Human Services Locations: UHealth, Houston

☆ Here's why the $3,500 Apple Vision Pro headset is so expensive
▼ + stars: | 2024-02-24 | by ( Kif Leswing | ) www.cnbc.com time to read: +3 min

A customer tries on the Apple Vision Pro headset during the product launch at an Apple Store in New York City on Feb. 2, 2024. The Vision Pro, the new virtual reality headset from Apple, can transport you to Hawaii or the surface of the moon. The Vision Pro provides a preview of what using a computer could be like in five years, early adopters say. The Vision Pro starts at $3,499. Each Vision Pro needs two of them, one for each eye.

Persons: It's, Omdia, Jacky Qiu, OTI, Qiu Organizations: Apple, Quest, Sony Semiconductor Locations: New York City, Hawaii

☆ 7 in-demand side hustles you can do from home—some can pay as much as $100 an hour
▼ + stars: | 2024-02-24 | by ( Morgan Smith | ) www.cnbc.com time to read: +3 min

There are dozens of in-demand, non-tech side hustles you can do remotely to earn extra cash — some of which can pay as much as $100 an hour. These jobs have dozens of active listings and offer remote, part-time opportunities. Some of these remote side hustles can pay upwards of $100 per hour, depending on your level of skill and the project. Bookkeepers on Upwork, for example, can charge as much as $175 an hour or, for some projects, $300 an hour. The most salient benefit of pursuing one of these remote side hustles, says Frana, is the flexibility.

Persons: FlexJobs, Toni Frana, Frana, Angelique Rewers, BoldHaus Organizations: CNBC

☆ How Hermes Became the Ultimate Status Symbol
▼ + stars: | 2024-02-24 | by ( Madeline Berg | ) www.businessinsider.com time to read: +11 min

Now, its shares are also hot commodities, with their performance outpacing bigger luxury brands like Louis Vuitton owner LVMH and Gucci-maker Kering. "The curse of retail is everyone chases more," Simeon Siegel, a senior retail analyst at BMO Capital Markets, told Business Insider about luxury brands. "Brand equity is much more diluted than Hermès'," Herzog said of brands like Gucci and Louis Vuitton. Hermès is 'fairly recession-proof'Keeping it simple has helped Hermès hold its own as luxury brands start to lose their shine after a multiyear spending boom. It also announced it will expand the Saint Junien facility in New Aquitaine (also France) which makes Kelly and Birkin bags.

Persons: Hermès, Louis Vuitton, LVMH, Kering's, hasn't, it's, Axel Dumas, Simeon Siegel, Siegel, Birkin, —, waitlists, Edward Berthelot, there's, Hitha Herzog, Nicole Pollard Bayme, Kelly, Versace, Herzog, Gucci, Saint Laurent, Bernstein, Luca Solca, Chanel, Solca, Winston Chesterfield, Barton, That's, Williamsburg , Brooklyn —, Axel, Pierre, Alexis Dumas —, Bernard Arnault's LVMH, Dumas, Barton's Chesterfield, They've, Cousins Axel Dumas, Alexis Dumas, Rodrigo Vaz, Thierry Hermès, they've, We're Organizations: BMO Capital Markets, Capri Holdings, North, Gucci Locations: Hermès, London, China, France, Louviers, Ardennes, New Aquitaine, Aspen , Colorado, Naples, Florida, Nanjing, Princeton , New Jersey, Williamsburg , Brooklyn

☆ How Hermès became the ultimate status symbol
▼ + stars: | 2024-02-24 | by ( Madeline Berg | ) www.businessinsider.com time to read: +11 min

A cashmere throw blanket splashed with the letter H. For years, Hermès' iconic products have been coveted by those in the know. Now, its shares are also hot commodities, with their performance outpacing bigger luxury brands like Louis Vuitton owner LVMH and Gucci-maker Kering. "Brand equity is much more diluted than Hermès'," Herzog said of brands like Gucci and Louis Vuitton. Hermès is 'fairly recession-proof'Keeping it simple has helped Hermès hold its own as luxury brands start to lose their shine after a multiyear spending boom. It also announced it will expand the Saint Junien facility in New Aquitaine (also France) which makes Kelly and Birkin bags.

☆ Harvard-trained investor says this is the 'really powerful' financial lesson she wishes she’d learned at a young age
▼ + stars: | 2024-02-24 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +4 min

Alexa von Tobel realized the importance of being financially savvy at a young age, but she still wishes she'd learned more about money as a kid. Like most children in the U.S., von Tobel received "no formal education" on personal finance. "Appreciating that you can have your dollars work hard for you, and on behalf of you, is a really powerful concept," von Tobel says. 'A skill set that you need for your whole life'Given her success as a fintech founder and investor, von Tobel clearly mastered that particular financial lesson eventually. "That concept is very powerful," von Tobel says.

Persons: Alexa von Tobel, she'd, von Tobel, Von Tobel's, von Tobel's, von, Von Tobel Organizations: Harvard University, CNBC, Northwestern Mutual Locations: U.S

☆ This simple job interview trick can help you get hired 'on the spot,' says 19-year recruiting pro—but most people skip it
▼ + stars: | 2024-02-23 | by ( Morgan Smith | ) www.cnbc.com time to read: +3 min

In a job interview, your body language can make or break your chances of landing an offer. This means that, in a job interview, how you speak is just as important as what you say, says Bert Bean, CEO of the staffing firm Insight Global. Bean has interviewed hundreds of job applicants in his 19-year career as a recruiter-turned-CEO. Showing that you are energized and enthusiastic about a role is the top "green flag" hiring managers look for in a job interview, Shekhinah Bass, an executive at Goldman Sachs, told CNBC Make It in August. It's important to note, however, that body language isn't the only way to show your enthusiasm or engagement during a job interview.

Persons: Bert Bean, Bean, He's, it's, Shekhinah, Goldman Sachs, Bass Organizations: Research, Insight, CNBC

☆ Casimir Funk is today's Google Doodle: What to know about the genius who created the term 'vitamins'
▼ + stars: | 2024-02-23 | by ( Renée Onque | ) www.cnbc.com time to read: +2 min

If you take a multivitamin every day or a vitamin D supplement every now and then, you have Casimir Funk to thank. Born Kazimierz Funk on Feb. 23 in 1884, the Polish-American biochemist introduced the concept of vitamins, which he called "vital amines," according to Google. "In his later research, Funk studied animal hormones and contributed to the knowledge about hormones of the pituitary and sex glands, emphasizing the importance of balance between hormones and vitamins." Funk's family describes him as someone who was a "driven and curious child," according to Google. But Funk was also a family man who valued time with his loved ones, even after becoming well-known for his discoveries, his family told Google.

Persons: Casimir Funk, Kazimierz Funk, Funk Organizations: Google, American Nutrition Association, Nutrition, of Fame, University of Bern, University of Berlin, Pasteur Institute Locations: Polish, American, Europe, Switzerland, Paris, Albany, N.Y

☆ Opinion: Who is winning? Gen. Petraeus on Ukraine war, two years in
▼ + stars: | 2024-02-23 | by ( Peter Bergen | ) edition.cnn.com time to read: +18 min

CNN —Two years into the Ukraine war, the tide has shifted, and Russian forces have some momentum, according to retired US General David Petraeus. Michal Dyjuk/AP/FILELast weekend Gen. Petraeus was at the Munich Security Conference, the leading global national security conference that was attended by pretty much every European leader and by top American officials – including Vice President Kamala Harris and Secretary of State Antony Blinken. BERGEN: At the Munich Security Conference, what was the mood like? BERGEN: Who’s winning the war in Ukraine? BERGEN: What’s going on in Ukraine looks a lot like World War I, in the sense that it’s trench warfare, minefields, machine guns.

Persons: Peter Bergen, ”, David Petraeus, Vladimir Putin’s, Putin, Lord Andrew Roberts, ” David Petraeus, Michal Dyjuk, Petraeus, Kamala Harris, Antony Blinken, Alexey Navalny’s, Volodymyr Zelensky, Gen, PETRAEUS, I’ve, Olaf Scholz, Jens Stoltenberg, Tobias Schwarz, they’ll, Who’s, I’m, Vladimir Putin, Alexey Navalny, we’re, didn’t, Thomas Peter, –, Zelensky, can’t, what’s, There’s, Sergei Supinsky, it’s, Andrew Roberts, Biden, Donald Trump’s Organizations: New, Arizona State University, Apple, Spotify, Trump Administration, CNN, Munich Security Conference, Conference, Supreme, NATO, Munich, Reuters, Republicans, Kremlin, Russian Federation, Kherson –, Tactical Missile Systems, Pentagon, Getty, Congress, Munich Security, PETRAEUS Locations: New America, Ukraine, United States, Afghanistan, Iraq, Avdiivka, BERGEN, Munich, Europe, Russia, Russian, Spain, Moscow, Kyiv, Kharkiv, Chernihiv, Sumy, Kherson, Ukrainian, Swedish, Donetsk, Sevastopol, Crimea, North Africa, Egypt, Kremlin, St, Petersburg, Moldova, Transnistria, Baltic, Soviet Union, AFP, ” BERGEN

☆ 23-year-old's dorm room side hustle brings in $124,000 a year: 'You can start with as little as $5'
▼ + stars: | 2024-02-22 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +5 min

After making $200 off her own used clothes, she turned to some of her favorite places to shop: thrift stores. Much of her business' growth came from her dorm room at Duke University, where she graduated last year with a degree in psychology. I had maybe 200 or so items in my dorm room my sophomore year, and now I have 1,300 items [in a storage unit]." How much cash do you need to start a thrifting side hustle? [In terms of the thrifting], you can start with as little as $5.

Persons: they've, Sophie Riegel didn't, I've, Riegel, she's, She's, —, you've, You've Organizations: CNBC, eBay, Duke University, YouTube Locations: AskMakeIt@cnbc.com

☆ Boxabl customers tired of waiting for their tiny homes ask for their deposits back as a cash crunch looms
▼ + stars: | 2024-02-22 | by ( Daniel Geiger | Alex Nicoll | ) www.businessinsider.com time to read: +12 min

While most of those customers say they have received their money, some said their refund requests were disputed or ignored. Two-thirds, or 23, of those people said they had asked to be refunded, or were going to ask Boxabl for their money back. Boxabl said it recently received approval to sell its homes in Arizona and is close to receiving similar clearances in California and Nevada. Amid its own dwindling cash supply, Boxabl has recently appeared less willing to grant refunds to some depositors who want out. When he sent an email in January to Boxabl asking for a refund, the company declined his request.

Persons: —, Boxabl, Dan Pena, Pena, Chris Armbruster, Gary Palmer, Palmer, He's, Galiano Tiramani, Zach Punnett, Punnett, Tiramani, What's, Paolo, Boxabl Galiano, Paolo Tiramani, Peers, Helene, Ali Faraji, Faraji, wouldn't Organizations: Service, North Las, Business, Securities and Exchange Commission, SEC, Oklahoma City, Archdiocese, Regulators, Tesla Plaid Locations: North Las Vegas, California, Los Angeles, Joshua Tree, Fort Worth , Texas, Riverside , California, Guantanamo Bay, Arizona, Nevada, Oklahoma, California , Virginia , Nevada , Arizona , Utah, Hawaii, Canada, Atlanta, Aptos, Santa Cruz

Mickey Todiwala | CNBC Make ItShe first learned about the program from her husband, who'd read about it online. Mickey Todiwala | CNBC Make ItRubia Daniels says her background in construction is helpful to envision what her final space will look like. On one recent visit to Mussomeli, Daniels brought along two fellow Californians, Alfredo Ramirez and his mother, Elena, to tour the houses. Meredith Tabbone 1-euro homeowner from ChicagoTabbone flew to see her new home for the first time in June 2019. Mussomeli, Sicily, has seen its population decline from roughly 16,000 in the 1950s to less than 10,000 today.

Persons: Rubia Daniels, Daniels, who've, Vittorio Sgarbi, Mickey Todiwala, Toti, who'd, didn't, she's, Alfredo Ramirez, Elena, Meredith Tabbone, Tabbone, Chicago Tabbone, I've, Danny McCubbin, who's, Jamie Oliver, McCubbin, Mussomeli, Prezioso, Natalie Milazzo, Milazzo, Nigrelli, Martina Giracello, Gianluca Militello, Giracello, It's, Meredith Tabbone Tabbone Organizations: CNBC, realtors, U.S Locations: Sicily, Berkeley, Calif, Italy, Salemi, Towns, Sicily's, Palermo, Belgian, Mussomeli, California, Petaluma , Calif, Sambuca, Sicilia, Chicago, United States, Australia, London, Mussomeli's, Milan, Cammarata, Caltanissetta, Europe, Africa, Airbnbs

☆ Mark Cuban got the idea for a $5.7 billion business in a California Pizza Kitchen
▼ + stars: | 2024-02-22 | by ( Megan Sauer | ) www.cnbc.com time to read: +3 min

That's where Mark Cuban and his college friend Todd Wagner were in 1995, eating lunch and talking about Indiana University basketball. "There's got to be a way that we can listen to Indiana University basketball ... over the internet," Cuban recalled the two of them saying, during a MasterClass course released Thursday. Cuban and Wagner sold the company to Yahoo for $5.7 billion in stock in 1999. It remains Cuban's most lucrative entrepreneurial endeavor, topping the $6 million sale of his first company, software business Microsolutions, in 1990. Disclosure: CNBC owns the exclusive off-network cable rights to "Shark Tank," which features Mark Cuban as a panelist.

Persons: Mark Cuban, Todd Wagner, There's, Cuban, Wagner, Broadcast.com, he's Organizations: Ivy League, Indiana University basketball, Yahoo, Hoosiers, Cost, CNBC Locations: Dallas, Bloomington , Indiana, Broadcast.com, Cuban

☆ AI isn't driving tech layoffs — but it does make a good scapegoat
▼ + stars: | 2024-02-21 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

Layoffs have been sweeping the tech sector and some are blaming AI. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementFears about AI leading to job cuts are increasingly common, especially as everyday usage of the technology grows. The development was causing anxiety in the ad sales departments, per the report, which later faced a round of job cuts. While AI may not simply replace workers, companies' investment in AI development may be causing cutbacks in other areas.

Persons: —, Duolingo, Hugh Langley, Fortune's Jeremy Kahn Organizations: Service, Bloomberg, Google, Business

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