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☆ Live Updates: Yale Students Arrested as Campus Chaos Spreads
▼ + stars: | 2024-04-22 | by ( Alan Blinder | ) www.nytimes.com time to read: +11 min

Some reportedly shouted at Jewish students and made antisemitic statements. Still, some Jewish students who are supporting the pro-Palestinian demonstrations on campus said they felt solidarity, not a sense of danger, even as they denounced the acts of antisemitism. Image Grant Miner, a Jewish graduate student at Columbia University, says he doesn’t feel unsafe on campus. Jewish students get harassed trying to leave @Columbia’s campus tonight. Image At the “Gaza Solidarity Encampment” on the Columbia campus, tents were crowded together Sunday night.

Persons: Eric Adams, ” Andrew Bates, Nemat Shafik, Minouche, “ Al, Adams, Grant Miner, Bing Guan, New York Times “, “, U2Ii5GTuLm — David lederer, @Davidlederer6, ”, Eliana Goldin, Aryeh, . Goldin, Samantha Slater, Shafik, Mr, Miner, ” Makayla, Gubbay, —, “ There’s, ” Ms, Elie Buechler, Rabbi Buechler, Hillel, ” Brian Cohen, Noah Levine, “ I’m, Xavier Westergaard, Sharon Otterman Organizations: Columbia, Jewish, White, New, ”, Columbia University, Credit, New York Times, Palestinian, Israel, University, New York Police Department, Barnard College, Gaza Solidarity, New York Times Students, Ivy League, Campus, “, Hillel, Broadway, Jewish Voice, Peace Locations: Upper Manhattan, New York City, American, Israel, Columbia, Poland, @Columbia’s, Europe, Chabad, Gaza, Palestine, Amsterdam

☆ 6 portfolio stock earnings and the Fed's favorite inflation gauge dominate the week ahead
▼ + stars: | 2024-04-20 | by ( Zev Fima | ) www.cnbc.com time to read: +11 min

The Nasdaq sank 2% on Friday as Netflix dropped nearly 11% post-earnings and Club stock Nvidia fell 10%, entering bear market territory but still up more than 50% in 2024. Following a much stronger-than-expected March retail sales report last month, fresh economic data and six Club stock earnings will take center stage in the week ahead. While lower rates may help stock multiples, that is not a sustainable path to higher equity prices over time. Earnings : The latest quarterly reporting season is starting to ramp into high gear with six Club names set to report next week. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Dow, Jerome Powell, Jim Cramer, Mark, Meta, Bing, Ford, Vimal, Lockheed Martin, Clark, Philip Morris, Sherwin, Williams, Baker Hughes, Lam, Northrop, Dr Pepper, CARR, Edwards Lifesciences, Jim Cramer's, Jim, Michael M Organizations: Nasdaq, Netflix, Nvidia, Dow Jones, Federal, Fed, Hamas, Gross, Google, Reality Labs, General Motors, Honeywell, Microsoft, Verizon Communications, Albertsons Companies, SAP, Cadence Design Systems, United Parcel Service, General Electric, GE, PepsiCo, Lockheed, Spotify Technology, RTX Corporation, JetBlue Airways, Halliburton, HAL, Philip Morris International, Quest Diagnostics, Texas Instruments, Seagate Technology, Mattel, Veralto Corporation, Boeing, General Dynamics, Boston, Hilton, Fisher, Otis Worldwide, IBM, Grill, Viking Therapeutics, Lam Research, Whirlpool, WM, Honeywell International, Royal Caribbean Cruises, American Airlines, Altria, Newmont, Caterpillar, Southwest Airlines, Myers Squibb, AstraZeneca, Mobileye, Northrop Grumman, CNBC, Comcast, Merck, Dow Inc, Carrier Global, Union Pacific, Intel, Western, Mobile, L3Harris Technologies, Exxon Mobil, Chevron, Colgate, Palmolive, HCA Healthcare, Charter Communications, Newell Brands, Jim Cramer's Charitable, Traders, New York Stock Exchange, Santiago, Getty Locations: Israel, Iran, Ukraine, destocking, China, Cleveland, Freeport, McMoRan, Kimberly, Masco, Bristol, New York City

☆ AI has racist tendencies. Scientists and founders are trying to fix it.
▼ + stars: | 2024-04-20 | by ( Monica Melton | ) www.businessinsider.com time to read: +11 min

The police had used a facial-recognition AI program that identified her as the suspect based on an old mugshot. AdvertisementThe Detroit Police Department said that it restricts the use of the facial-recognition AI program to violent crimes and that matches it makes are just investigation leads. AdvertisementThe study also found that in a hypothetical murder trial, the AI models were more likely to propose the death penalty for an AAE speaker. A novel proposalOne reason for these failings is that the people and companies building AI aren't representative of the world that AI models are supposed to encapsulate. Bardlavens leads a team that aims to ensure equity is considered and baked into Adobe AI tools.

Persons: —, Woodruff, who's, Ivan Land, Joy Buolamwini, Timnit Gebru, Valentin Hofmann, OpenAI's, AAE, Geoffrey Hinton, Christopher Lafayette, Udezue, OpenAI, Google's, John Pasmore, Latimer, Buolamwini, Timothy Bardlavens, Microsoft Bing, Microsoft Bardlavens, Bardlavens, Esther Dyson, Dyson, Arturo Villanueva, I'd, Villanueva, Alza, We're, Andrew Mahon, Alza's Organizations: Service, Detroit, Business, Court of Michigan, Detroit Police Department, Microsoft, IBM, Allen Institute, AI, Dartmouth College, Center for Education Statistics, Big Tech, Udezue, Meta, Google, Tech, Companies, Adobe Locations: That's, American, Africa, Southeast Asia, North America, Europe, Spanish

☆ Ad transparency tools are 'major disappointment' ahead of election, new study shows
▼ + stars: | 2024-04-16 | by ( Hayden Field | ) www.cnbc.com time to read: +5 min

That's according to research out Tuesday from Mozilla and CheckFirst, which concludes that leading tech platforms are lagging in their ad transparency tools. None of the results were great, and some were "a major disappointment," according to the researchers. "This is now no longer something that's voluntary," Claire Pershan, EU advocacy lead at Mozilla, told CNBC. It's troubling news as the major platforms prepare for a huge year of elections that affect upward of 4 billion people in more than 40 countries. Lesplingart told CNBC that users had to know the advertiser name, targeted country and date of the advertisement in order to export to an ad file.

Persons: Sundar Pichai, Microsoft's Bing, Claire Pershan, Amaury Lesplingart, CheckFirst, Josh Becker, Lesplingart, Bing, Alibaba's, Zalando, Booking.com, TikTok, it's, we'd Organizations: Inc, Government, Society, Mozilla, Google, LinkedIn, Union's Digital Services, CNBC, Democratic, X, European Commission, DSA, Meta, YouTube Locations: Stanford , California, U.S, Meta, California

☆ Oh look at that! Now Google is using AI to answer search queries.
▼ + stars: | 2024-04-15 | by ( Peter Kafka | ) www.businessinsider.com time to read: +7 min

AdvertisementThe upshot: For now, Google is testing out self-generated "AI overviews" for some regular search queries where it thinks the answer might be complex (but answerable). A Google rep told me the AI answers have been deployed in a "very limited percentage of search traffic" in the US and the UK. Screenshot/GoogleBecause I am A Responsible Journalist, I also asked Google how Google Magi, which powers these results, does or doesn't interact with the tech powering Google Gemini, its much-maligned "woke AI" chatbot. Right now, Google tries to keep you on Google by surfacing text from a site that purports to answer your query. AdvertisementOn the one hand, maybe Google becomes even more valuable because you're no longer even pretending it's a "search engine" — it's just an answer machine.

Persons: —, you've, Microsoft's Bing, truman, OpenAI, Bing, It's, Google's, You've, Jason Kelce's, Taylor Organizations: Google, Service, National Locations: vietnam

☆ OpenAI speeds up growth with plans to open NYC office, more hiring and new products
▼ + stars: | 2024-04-15 | by ( Kali Hays | ) www.businessinsider.com time to read: +4 min

The generative artificial intelligence company, best-known as the creator of ChatGPT, is looking to open next year an office in New York City, according to two people familiar with the plans. Early last year, OpenAI had only about 400 employees all working out of one San Francisco office. It's now looking for a second office in San Francisco, according to a report in the San Francisco Chronicle. OpenAI has taken a selective approach to hiring, the person added, relative to how much interest the company receives for its job postings. The other is a search product likely to incorporate Microsoft's Bing search engine, according to a report from The Information.

Persons: OpenAI, Bing, Sam Altman, It's, it's, Kali Hays Organizations: Service, Business, Meta, Google, Microsoft, San Francisco Chronicle, LinkedIn Locations: New York City, San Francisco, Tokyo, London, Dublin, New York, Manhattan, Brooklyn, Big Tech, OpenAI, Francisco, khays@businessinsider.com

☆ Macy's proxy fight is over, but the battle for the department store's future wages on
▼ + stars: | 2024-04-13 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +7 min

Arkhouse then launched its proxy fight and put forward nine nominees to Macy's 15-person board. Turning the tideOther department store chains have faced challenges from activists in recent years, and even when those efforts fall short, the pressure can bring about sweeping changes. That includes Macy's locations with stronger sales as well as its two chains that have outperformed the namesake brand, higher-end department store chain Bloomingdale's and beauty chain Bluemercury. Arkhouse claims Macy's refused to engage with it, and Macy's rebuffed Arkhouse saying it didn't have the financing for the takeover it proposed. Arkhouse, for its part, has said it plans to keep Macy's stores open.

Persons: Bing Guan, Tony Spring, Arkhouse, Neil Saunders, Macy's, Michelle Gass, Levi Strauss, Chip Bergh, Ben Hider, —, GlobalData's Saunders, It'll, Gavriel Kahane, Kahane, it's Organizations: Macy's Inc, National Retail Federation, Bloomberg, Getty, Arkhouse Management, Capital Management, American, Brigade, Levi, Herald, Sears, CNBC, Macy's, Fortress Investment Group, One Investment Management Locations: Herald, New York, Macy's, New York City

☆ Beyoncé's covers are landing Boomer country artists in the ears of Gen Z
▼ + stars: | 2024-04-01 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +5 min

She weaves in samples and references to Black artists, including Sister Rosetta Tharpe, Chuck Berry, and Roy Hamilton. A cover song isn't just a copyThere's a long history of non-country artists doing country covers. Related storiesFor artists, cover songs "are like a stepping stone. Solis, the ethnomusicologist, pointed out that country music has grown out of a history of people playing other artists' songs, particularly Black artists. Beyoncé's "Jolene" cover is #3 on Apple Music Charts, while "Blackbird" is #12.

Persons: Cowboy Carter, Jolene, —, Carter, It's, Queen Bey, she's, Rosetta Tharpe, Chuck Berry, Roy Hamilton, Willie Nelson, Linda Martell, Bey, Dolly Parton, Paul McCartney, Tanner Adell, Brittney Spencer, Tiera Kennedy, Reyna Roberts, Tina Knowles, Gabriel Solis, Patsy Cline's, Bing Crosby, Don Cusic, Beyoncé, — Bey, Solis, " Solis, Tracy Chapman's, Luke Combs, Martell, Nelson, Parton, Cusic Organizations: Service, University of Washington, Western Music Hall of Fame, Spotify, Apple, YouTube Locations: America, Beyoncé

☆ Opinion | Deep-Sixing Pornographic Deepfakes for Good
▼ + stars: | 2024-03-31 | by ( ) www.nytimes.com time to read: +1 min

To the Editor:Re “Deepfake Violations, Met With a Shrug,” by Nicholas Kristof (column, March 24):Mr. Kristof underscores the urgent need to address the distressing prevalence of nonconsensual A.I. sexual content online and in top search engine results, to protect individuals, particularly the women and girls overwhelmingly targeted, from exploitation and harm. I urge all readers to raise their voices by sending letters, emails or open letters tagged on social media and LinkedIn to Google and Microsoft Bing executives and social media teams. Our collective advocacy can amplify the call for these tech giants to take proactive measures in removing such content from their search results. ‘After school, I came home, and I told my mom we need to do something about this.’

Persons: Nicholas Kristof, Mr, Kristof, Microsoft Bing, Brittany Poley, Nicholas Kristof’s, ’ Francesca, ‘, ’ Organizations: Google, Microsoft Locations: ”, Brittany, Brittany Poley Washington

☆ Microsoft picks company veteran Pavan Davuluri to lead Windows and Surface
▼ + stars: | 2024-03-26 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

Microsoft said Monday it has selected company veteran Pavan Davuluri to lead its Windows operating system and Surface devices teams. Davuluri's promotion comes a week after Microsoft said it was hiring former DeepMind co-founder Mustafa Suleyman as the head of a new organization called Microsoft AI. The Windows team will continue to work closely with the Microsoft AI team on AI, silicon, and experiences.The Web Experiences team will report into Mustafa in the new Microsoft AI organization. Mike Davidson continues to lead Design and will work with Pavan and team on how to realign Windows design. They will join the Microsoft AI leadership team along with Jordi, Mike, and Rukmini, all reporting to Mustafa.We are excited for this team to help Microsoft AI achieve its bold ambition to build world-class consumer AI products.

Persons: Pavan Davuluri, Panos Panay, DeepMind, Mustafa Suleyman, Mikhail Parakhin, Parakhin, Kevin Scott, Rajesh Jha, Davuluri, Read, Satya, Shilpa Ranganathan, Jeff Johnson, Mustafa, Jordi Ribas, Andrey Proskurin, Fatima Kardar, Nick Lee, Rukmini Iyer, Paul Viola, Weiqing, Mike Davidson, Pavan, Ali Akgun, Kya Sainsbury, Carter, Qi Zhang, Rajesh Sundaram's, Jordi, Mike, Rukmini Organizations: Microsoft, Windows, Bing, WWE

☆ Microsoft's reshuffle continues as Bing chief plans to exit the role. It comes days after Satya Nadella poached Mustafa Suleyman.
▼ + stars: | 2024-03-26 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +2 min

Bing chief Mikhail Parakhin is leaving the role and will report to Microsoft's CTO in the meantime. The reorganization comes days after Satya Nadella tapped Mustafa Suleyman to lead its AI efforts. Days after Satya Nadella announced he was bringing Inflection AI's cofounder Mustafa Suleyman into the mix as its EVP and CEO of Microsoft AI, Mikhail Parakhin has "decided to explore new roles." Related storiesParakhin, who led the company's Bing search engine and advertising businesses, will report to Microsoft CTO Kevin Scott. AdvertisementMicrosoft has built AI into its Bing search engine and created other AI tools for Windows and Office under the Copilot brand over the last year.

Persons: Bing, Mikhail Parakhin, Parakhin, Satya Nadella, Mustafa Suleyman, —, Kevin Scott, Pavan, Rajesh Jha, Microsoft's, Satya, Nadella, Suleyman, Karén Simonyan, Simonyan, Nadella's, Microsoft didn't Organizations: Service, Microsoft, Google, Windows, Bloomberg

☆ Microsoft's hiring of Inflection staff came amid a lack of consumer-AI vision and board concerns about OpenAI, insiders say
▼ + stars: | 2024-03-20 | by ( Ashley Stewart | ) www.businessinsider.com time to read: +5 min

Microsoft's hiring spree from the startup Inflection AI came amid concerns from the software giant's board about instability at OpenAI and internal doubts about consumer-AI vision and strategy, insiders said. Suleyman, who cofounded the AI pioneer DeepMind, is set to be CEO of Microsoft AI. Microsoft's consumer-AI vision needed a boostSome Microsoft insiders told Business Insider the company's consumer-AI strategy needed a boost and more of a visionary leader. As the new CEO of Microsoft AI, Suleyman's purview is set to include thousands of employees who report to Mikhail Parakhin. Parakhin has played a significant role in Microsoft's AI work and is generally respected within the company for his technical prowess.

Persons: Mustafa Suleyman, Karén Simonyan, Suleyman, they've, Mikhail Parakhin, Parakhin, Rajesh Jha, Jha wasn't, Jha, Microsoft's, Frank Shaw, Shaw, Sam Altman, Satya Nadella, Nadella hadn't, Nadella, Amy Hood, It's, didn't, OpenAI Organizations: Big Tech, Business, Microsoft, BI, Google, Insiders, Microsoft's Locations: OpenAI

Mustafa Suleyman, Co-founder Inflection.ai & DeepMind, speaking on CNBC's Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 17th, 2024. Microsoft said Tuesday it has hired Mustafa Suleyman, a co-founder of artificial intelligence startup DeepMind that Google acquired in 2014, to lead Copilot AI initiatives. Suleyman will become an executive vice president and CEO of Microsoft AI, reporting to CEO Satya Nadella. The new Microsoft AI group will work on Copilot, which appears in Bing, Windows and other Microsoft products. WATCH: We've hit 'peak hype' of the AI revolution, says DeepMind co-founder Mustafa Suleyman

Persons: Mustafa Suleyman, Inflection.ai, Suleyman, Satya Nadella, DeepMind, Elon Musk, Karén, Nadella, Mustafa, Demis Hassabis, Hassabis Organizations: Microsoft, Google, Windows, Consumer Locations: Davos, Switzerland, Bing

☆ AI Is Upending Google's Search Business. a Lady Gaga Query Shows How.
▼ + stars: | 2024-03-19 | by ( Kali Hays | Hugh Langley | ) www.businessinsider.com time to read: +16 min

Search versus SGESince December, Business Insider has plugged the same queries into Google's traditional search engine and its generative AI version to see how information is presented differently. Mark Mahaney, a top internet analyst at ISI Evercore, has been testing SGE alongside generative AI rivals like Perplexity and OpenAI's ChatGPT. Ray has spotted answers in SGE results that are not sourced from websites that rank in the top 100 positions for that query in traditional Search results. Neither query produced any sort of generative AI response — although a search for "common cold" did. They've already got billions of people using Chrome and using Google search," Shmulik told BI.

Persons: It's, Mark Mahaney, Mahaney, SGE, Adweek, Alan Antin, Google's SGE, Gaga's, Gaga, Tiffany, Kali Hays, Google's, Sundar Pichai, Lily Ray, Ray, Mark Shmulik, Bernstein, Susan Orlean, Evercore's Mahoney, we're, Bernstein's, Shmulik, he's, ChatGPT Organizations: Google, Business, Microsoft, Gartner, ISI, New York Magazine, BI, GitHub, LinkedIn, SGE, Bing Locations: SGE, OpenAI

☆ Matthew Perry's stepdad says the actor was happy before his death, and it's unfair that he 'didn't get to have his third act'
▼ + stars: | 2024-03-13 | by ( Olivia Singh | ) www.businessinsider.com time to read: +3 min

Read preview"Dateline" correspondent Keith Morrison is still feeling the ripple effects of his stepson Matthew Perry's death five months later. Morrison told Kotb that Perry's unexpected death has been particularly difficult on his mother. Morrison said that Perry was happy prior to his death. Advertisement"He said so, and he hadn't said that for a long time," Morrison told Kotb. "It's a source of comfort, but also, he didn't get to have his third act, and that's not fair.

Persons: —, Keith Morrison, Matthew Perry's, doesn't, Morrison, Suzanne Perry, Perry, Chandler Bing, Matthew Perry, NBC Perry, I've, Kotb, I'd, hadn't, didn't, that's, Reisig, Getty Morrison, John Bennett Perry, isn't, it's Organizations: Service, Business, NBC Locations: Los Angeles

☆ Microsoft begins blocking some terms that caused its AI tool to create violent, sexual images
▼ + stars: | 2024-03-08 | by ( Hayden Field | ) www.cnbc.com time to read: +4 min

The AI tool now also blocks requests to generate images of teenagers or kids playing assassins with assault rifles — a marked change from earlier this week — stating, "I'm sorry but I cannot generate such an image. There is also a warning about multiple policy violations leading to suspension from the tool, which CNBC had not encountered before Friday. Microsoft has started to make changes to its Copilot artificial intelligence tool after a staff AI engineer wrote to the Federal Trade Commission Wednesday regarding his concerns about Copilot's image-generation AI. Shane Jones, the AI engineering lead at Microsoft who initially raised concerns about the AI, has spent months testing Copilot Designer, the AI image generator that Microsoft debuted in March 2023, powered by OpenAI's technology. All of those scenes, generated in the past three months, were recreated by CNBC this week using the Copilot tool, originally called Bing Image Creator.

Persons: Shane Jones, OpenAI's DALL, Jones, lacy, Elsa, Lina Khan Organizations: CNBC, Microsoft, Federal Trade, Disney, Palestinian, Israeli Defense Forces, Commerce, Science, Transportation, FTC Locations: Gaza

☆ Premarket stocks: Why another unexpectedly hot jobs report could derail markets
▼ + stars: | 2024-03-08 | by ( Krystal Hur | ) edition.cnn.com time to read: +7 min

New York CNN —Wall Street was taken aback by the US labor market’s resilience in January. Another unexpectedly hot report could shake things up again. The January jobs report showed that the US economy added a stunning 353,000 jobs that month and the unemployment rate stayed at 3.7%. The new EU regulations force sweeping changes on some of the world’s most widely used tech products, including Apple’s app store, Google search and messaging platforms, including Meta’s WhatsApp. The broad obligations apply only to the EU, which could leave tech users in the United States and other markets looking longingly at some of the features Big Tech is rolling out in response to the European directive.

Persons: Jerome Powell, he’s, “, ” Powell, Bonnie Cash, —, ’ ”, BeiChen Lin, It’s, Loretta Mester, ”, José Torres, Meta’s, Brian Fung, Apple, Bing, Read, Elisabeth Buchwald, NYCB, Steven Mnuchin’s, Alessandro DiNello, ” Read Organizations: CNN Business, Bell, New York CNN, Federal, Financial, Capitol, Reuters, Traders, Russell Investments, ” Cleveland Federal, CNBC, Market, Interactive Brokers, Apple, Google, Union citizens, Big Tech, New York Community Bank, Silicon Valley Bank, Liberty Strategic Capital Locations: New York, Washington ,, United States, NYCB, Silicon

So we have to talk about the drama that has been playing out in the past week between OpenAI and Elon Musk. According to OpenAI, Elon Musk wanted majority, equity, initial board control, and to be CEO of this new for-profit subsidiary. It’s basically —casey newtonIt’s like, I’m going to find a way to follow your rule, but in the worst way possible. Like, working was one I thought that, oh, I’m going to work in this all the time. kevin roose[LAUGHS]: Well, I thought, like, I’m going to take some spatial videos.

Persons: casey newton Casey, kevin roose, casey newton, Kevin, casey newton What’s, Kevin Roose, Casey Newton, OpenAI, Will, Joanna Stern, Casey, it’s, kevin roose I’m, Elon Musk, It’s, casey newton Let’s, Elon, he’s, I’ve, casey newton What’d, there’s, you’ve, we’re, GPT, Sam Altman’s, that’s, AGI, Annie “, Sam Altman, who’s, isn’t, “, we’ve, ” casey newton Go, He’s, Ilya Sutskever, Greg Brockman, Ilya, casey newton Yes, Tesla, casey newton Well, they’ll, casey newton Oh, kevin roose It’s, don’t, kevin roose Will, casey newton Right, casey newton Mhm, kevin roose They’re, Microsoft’s Bing, Microsoft Bing, Bing, Apple, Europe — casey newton, Charles Duhigg, John Gruber, they’ve, casey newton It’d, — casey newton, they’re, They’ve, you’ll, Apple’s, casey newton It’s, I’ll, casey newton Sure, GDPR, you’re, kevin roose Really, let’s, kevin roose Casey, kevin roose —, Jonah Stern, casey newton Wow, Joanna, Let’s, kevin roose Joanna Stern, joanna, casey newton Hi, kevin roose Long, joanna stern, —, kevin roose We’re, Kara Swisher, kevin roose Don’t, I’m, casey newton Don’t, casey newton That’s, Neil Patel, Um, kevin roose That’s, kevin roose Sure, casey newton Great, KEVIN, IV, wearables, Fitbits, kevin roose Oh, hadn’t, casey newton —, casey newton I’ve, Joe Rogan Organizations: The New York Times, Elon, Apple’s, OpenAI, Microsoft, Google, Google’s, Facebook, Tesla, Big, European Union, Digital Services, Giants, Apple, Digital Markets, EU, Bloomberg, Digital, Spotify, General, Apple Vision Pro, Street, Apple Vision, Vision, New York Times, “, Housewives, Club, Ray, Tesla Chargers, Vision Pro, Apple Watch, Sony Locations: Los Angeles, Europe, what’s, Elon, OpenAI, Japan, South Korea, Turkey, United Kingdom, United States, Reddit, American, America, California, Florida, United, Mars, The

☆ Sweeping EU rules for tech giants take effect today. Here’s what’s changing
▼ + stars: | 2024-03-07 | by ( Brian Fung | ) edition.cnn.com time to read: +11 min

The new EU regulations force sweeping changes on some of the world’s most widely used tech products, including Apple’s app store, Google search and messaging platforms, including Meta’s WhatsApp. Its broad obligations affect six of the world’s largest tech companies: Amazon, Apple, Google, Meta, Microsoft and ByteDance, the parent company of TikTok. While the law could increase demand for tech companies to extend EU-specific features to other markets, few platforms have shown signs they plan to do so. Tech pushes backBut some tech companies have pushed back on the DMA, warning that it could lead to unintended consequences. “The changes the DMA requires will inevitably cause a gap” between EU users’ security and the security Apple users enjoy outside the EU, it added.

Persons: Meta’s, Apple, Bing, Elon Musk’s, “ Fortnite, ”, Agustin Reyna, “, Apple’s, ” Apple, Reyna, ” BEUC, Tim Sweeney, Meta —, Daniel Friedlaender, CCIA, Friedlaender, Olesya Dmitracova Organizations: Washington CNN, Apple, Google, Union citizens, Big Tech, Spotify, Netflix, Digital Markets, Meta, Microsoft, European Commission, EU, YouTube, Epic, Consumer, Tech, Games, CNN, Computer, Communications Industry Association Locations: United States, Europe

☆ Coastal cities are sinking in the US and pushing sea level rise into overdrive
▼ + stars: | 2024-03-06 | by ( Rachel Ramirez | ) edition.cnn.com time to read: +5 min

CNN —Dozens of cities along the US coastline are sinking at alarming rates, leaving them far more exposed to devastating flooding from sea level rise than previously thought, scientists reported Wednesday. Cities on the East Coast where sinking land is exacerbating sea level rise include New York City and Atlantic City; Virginia Beach; Charleston, South Carolina; and Savannah, Georgia. As much as a third of sea level rise in this region over the next three decades could come from the sinking effect, the report found. This is a particular problem in areas where new coastal land has been created over the years by backfilling with sediment. Additionally, researchers say most sea level rise studies make projections for the end of the century, which “is viewed as too far (away) to begin planning,” Shirzaei said.

Persons: ”, Manoochehr Shirzaei, Leonard Ohenhen, Ophelia, Bing Guan, Kristina Hill, you’ll, ” Ohenhen, Joe Raedle, ” Shirzaei Organizations: CNN, Virginia Tech, Cities, Seaboard, Corpus Christi, Reuters, University of California, Getty Locations: East, New York City, Atlantic City, Virginia Beach, Charleston , South Carolina, Savannah , Georgia, Gulf, East Coast, Louisiana, Texas, Galveston, Freeport, Corpus, Northeast, Hamilton Beach, Queens, Berkeley, New Orleans, Port, Miami

☆ Microsoft engineer warns company's AI tool creates violent, sexual images, ignores copyrights
▼ + stars: | 2024-03-06 | by ( Hayden Field | ) www.cnbc.com time to read: +11 min

Jones was noodling with Copilot Designer, the AI image generator that Microsoft debuted in March 2023, powered by OpenAI's technology. "It was an eye-opening moment," Jones, who continues to test the image generator, told CNBC in an interview. watch nowMicrosoft's legal department told Jones to remove his post immediately, he said, and he complied. Jones said the risk "has been known by Microsoft and OpenAI prior to the public release of the AI model last October." "I am certainly convinced that this is not just a copyright character guardrail that's failing, but there's a more substantial guardrail that's failing," Jones told CNBC.

Persons: Jakub Porzycki, Shane Jones, Jones, OpenAI's DALL, Lina Khan, Khan, deepfakes, he's, Satya Nadella, Sam Altman, Justin Sullivan, Darth Vader, Elsa, Mickey Mouse, guardrail that's Organizations: Microsoft, Nurphoto, Copilot, CNBC, Commerce, Science, Transportation, Federal Trade, Google, Getty, pitchfork, Disney, Wars, Palestinian, Israel Defense Forces Locations: Krakow, Poland, Redmond , Washington, San Francisco, hoodies, Gaza

☆ Foot Locker's post-earnings plunge could be setting up a buying opportunity
▼ + stars: | 2024-03-06 | by ( Zev Fima | ) www.cnbc.com time to read: +9 min

The company's long-term goal, as part of Foot Locker's "Lace Up" turnaround plan, is to achieve $350 million in operating cost savings. Digital sales now represent nearly 20% of Foot Locker's total sales, Dillon said on the call. Still, the bright spots were not enough to block out the sting from Foot Locker's guidance. By store, in North America, same-store-sales were up 4.8% at Foot Locker and 6.9% at Kids Foot Locker. A Foot Locker store near the Times Square neighborhood of New York, US, on Monday, Nov. 13, 2023.

Persons: Locker, —, Mary Dillon, Dillon, we've, Foot, FactSet, Jim Cramer's, Jim Cramer, Jim, Bing Guan Organizations: Nike, Revenue, SG, Wall Street, CNBC, Bloomberg, Getty Locations: North America, —, Middle East, Africa, Asia, Pacific, New York

☆ Google's Gemini firestorm shows the risks of the company's race to catch up with its AI rivals
▼ + stars: | 2024-03-06 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +5 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. The company has been defending itself against fierce backlash sparked by its AI chatbot's image-generating feature. The product has landed Google at the center of what was described in some circles as a "woke" culture war. AdvertisementGoogle's 'Gemini era' is all about GPT-4Pichai claimed late last year Google was entering its "Gemini era." The model is widely seen as the company's answer to OpenAI's GPT-4, a product heavily backed by Microsoft and already powering many of the company's AI products.

Persons: —, execs, Critics, Andrés, Sergey Brin, Sundar Pichai, Brin, Alex Heath, Heath, Pichai, OpenAI's, Google's Bard, Bing, Gvirtz, Sandra Wachter, Wachter Organizations: Service, Google, Business, Big Tech, King's Business School, Engineers, Gemini, Microsoft, chatbots, Financial, Oxford Internet Institute

☆ 'Bachelor' contestant Rachel Nance's love with Joey is a 'slow burn'
▼ + stars: | 2024-03-04 | by ( Olivia Singh | ) www.businessinsider.com time to read: +3 min

On the show, Rachel described herself to Joey as a "slow burn" because she's hesitant to open up too much based on experiences in her past relationships. Now, she's one of the final four women that Joey has selected for the upcoming hometown dates. She's a 27-year-old ICU nurse from HawaiiJoey Graziadei and Rachel Nance on season 28, episode seven of "The Bachelor." "I hope whoever I marry loves to travel as much as me," Rachel captioned a photo of the sky that was taken from the window of an airplane and posted in 2020. "Rachel Nance on paper, Rachel Green at heart," she captioned a photo shared on Instagram in September.

Persons: —, Rachel Nance, Joey Graziadei, Rachel, Joey, Hawaii Joey Graziadei, ABC Rachel, She's, Mount Rushmore, Chandler, Ross, Rachel Green Organizations: Service, Business, ABC, University of Maine, Fort Kent, Cal State Fullerton, Mount, Reisig, NBCU, Instagram Locations: Hawaii, Fort, Spain

☆ Forced to Change: Tech Giants Bow to Global Onslaught of Rules
▼ + stars: | 2024-03-04 | by ( Adam Satariano | David Mccabe | ) www.nytimes.com time to read: +1 min

And Apple will give iPhone and iPad users access to rival app stores and payment systems for the first time. The tech giants have been preparing ahead of a Wednesday deadline to comply with a new European Union law intended to increase competition in the digital economy. Those changes are some of the most visible shifts that Microsoft, Apple, Google, Meta and others are making in response to a wave of new regulations and laws around the world. In the United States, some of the tech behemoths have said they will abandon practices that are the subject of federal antitrust investigations. “This is a turning point,” said Margrethe Vestager, the European Commission executive vice president in Brussels, who spent much of the past decade battling with tech giants.

Persons: ”, Margrethe Vestager Organizations: Google, Microsoft, European Union, Markets, Apple, Justice Department, European Commission, “ Locations: United States, Brussels

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