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☆ Apple doing 'extremely well' in challenging macroeconomic environment, says analyst
▼ + stars: | 2023-05-05 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailApple doing 'extremely well' in challenging macroeconomic environment, says analystRichard Windsor, founder at Radio Free Mobile, discusses Apple's latest earnings and his outlook for the consumer market.

The size of subsidies under the EU Chips Act, which aims to tempt the world's top chipmakers to build factories in the bloc and double its share of global output to 20% by 2030, lags the $52 billion CHIPS for America Act. Taiwan accounts for more than 60% of global chip production and concerns are growing about heightened tensions between Taipei and Beijing. But Europe's relatively modest subsidies could put a brake on its ambition, said Richard Windsor of research company Radio Free Mobile. GOOD STARTThe EU Chips Act is a good start given the EU has little choice but to join the subsidy race, but the bloc should play to its chipmaking strengths, said Christopher Cytera, research fellow at the Centre for European Policy Analysis. Catching up on the chips race is more than just building factories and the Chips Act acknowledges this with its focus on developing skilled labour for the future, said Anielle Guedes, senior research analyst at IDC Technologies.

☆ Best Online Stock Trading Platforms of 2023
▼ + stars: | 2023-02-02 | by ( ) www.wsj.com time to read: +20 min

Luckily, the past few years has seen a profusion of online stock trading platforms. We spent hours comparing more than a dozen stock trading platforms looking for the most intuitive tools, in-depth research and access to guidance and other educational content. We considered all of this when making our picks for the Best Stock Trading Platforms of 2023. How we pickedTo pick Buy Side from WSJ’s best stock trading platforms, we reviewed offerings from more than a dozen companies. Morgan Stanley is the corporate parent of E*Trade, one of the stock trading platforms considered for this story.

☆ Microsoft's $10 billion bet on ChatGPT's maker gives it a powerful new weapon in the cloud wars with Amazon and Google
▼ + stars: | 2023-01-25 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +6 min

Cloud, increasingly important to Microsoft, Amazon, and Google, is slowing down in the short term. But the company has a longer-term strategic weapon that could help it win the cloud wars: its once-in-a-generation bet on OpenAI. Any hint of a slowdown in growth for Microsoft's Azure, Amazon's AWS, and Google Cloud tends to provoke analyst angst. Even if there are immediate challenges for cloud growth, Microsoft sees its OpenAI bet, reported to be worth $10 billion, as a bigger strategic move. Microsoft Cloud, which also includes revenue from Office 365 and other products as well as Azure, represented around 50% of the company's overall revenue.

☆ Google's big fear is AI running wild. After ChatGPT, it's too late.
▼ + stars: | 2023-01-19 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +6 min

It's in Google's financial interest to present itself as a responsible custodian of AI. On Monday, some of Google's most senior executives, including CEO Sundar Pichai, senior vice president James Manyika, and the chief executive of its AI research unit DeepMind, Demis Hassabis, published an explainer on their approach to AI research, titled "Why we focus on AI (and to what end)." This is a "thinly veiled swipe at OpenAI and ChatGPT", according to a research note from Richard Windsor of Radio Free Mobile. In other words: If ChatGPT and its successors cause widespread havoc, it'll ruin AI adoption for everyone, including Google. There'll be more ChatGPT momentsThere is a flood of money pouring into generative AI startups promising real-world applications.

☆ ChatGPT and generative AI look like tech's next boom. They could be the next bubble.
▼ + stars: | 2023-01-12 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +5 min

Generative AI is the catchall term for artificial intelligence that can create something new — text or images for example — from existing data, when given prompts. OpenAI's generative AI tools can seemingly do anything from write poetry and code to producing frame-worthy art, triggering huge excitement in the space. How generative AI generates revenue is unclearAll of this might be justifiable if there was a clear path for AI firms to make money. Some of the hype around generative AI may be justified and the technology feels genuinely exciting. But to avoid another bubble, investors would do well to quiz the fundamentals of generative AI businesses, before handing out hefty valuations.

☆ BuzzFeed's $300M purchase of Complex promised to grow both brands, but insiders say strategies have clashed and Complex's culture is being 'completely gutted'
▼ + stars: | 2023-01-03 | by ( Lucia Moses | ) www.businessinsider.com time to read: +9 min

Complex insiders worry that the cuts threaten their brand's culture and future. Clashing video strategies as some fear Complex culture is being 'completely gutted'Kevin Hart appeared on Complex's "Hot Ones" series. Before joining with BuzzFeed, Complex's then-CEO Rich Antoniello had conversations with Vice Media and Vox Media. But Complex insiders felt especially aggrieved when, this fall, BuzzFeed announced a global expansion for ComplexCon. To Complex insiders, BuzzFeed's plan to take the event to Australia, Europe, and Asia simultaneously was unrealistic and under-resourced.

☆ Polish regulator accuses T-Mobile of misleading advertising
▼ + stars: | 2023-01-02 | by ( ) www.reuters.com time to read: +1 min

WARSAW, Jan 2 (Reuters) - Polish regulator UOKiK has accused the Polish unit of T-Mobile of misleading advertising relating to a free mobile data offer, with the company potentially facing a fine of 10% of annual revenue. "After reading the advertisement, the consumer should have a general, but realistic, idea of the presented offer," the head of UOKiK Tomasz Chrostny said in a statement. "The T-Mobile promotional slogan may suggest receiving a one-time data package of 1200 GB, and not a dozen or so smaller packages, provided that the fee is paid periodically." T-Mobile Polska did not immediately respond to an e-mailed request for comment. ($1 = 4.3822 zlotys)Reporting by Alan Charlish, Marek Strzelecki; Editing by Kirsten DonovanOur Standards: The Thomson Reuters Trust Principles.

☆ Complex insiders say owner BuzzFeed has shed key talent, failed to invest in core content, and threatens to dilute the hip culture brand: 'The BuzzFeed ethos does not get it'
▼ + stars: | 2022-12-22 | by ( Lucia Moses | ) www.businessinsider.com time to read: +9 min

Clashing video strategies as some fear Complex culture is being 'completely gutted'Kevin Hart appeared on Complex's "Hot Ones" series. Before joining with BuzzFeed, Complex's then-CEO Rich Antoniello had conversations with Vice Media and Vox Media. Rubbing salt in the wound, Complex insiders said they felt their brand was scrappier and more culturally relevant than BuzzFeed, which many consider past its prime. But Complex insiders felt especially aggrieved when, this fall, BuzzFeed announced a global expansion for ComplexCon. To Complex insiders, BuzzFeed's plan to take the event to Australia, Europe, and Asia simultaneously was unrealistic and under-resourced.

☆ Inside SoftBank Vision Fund's awful, terrible, really bad year. How the venture fund tumbled, according to former employees, investors and rival VCs.
▼ + stars: | 2022-12-08 | by ( Hasan Chowdhury | Ben Bergman | Samantha Stokes | ) www.businessinsider.com time to read: +12 min

SoftBank's Vision Fund just experienced one of its most dismal years in its history. SoftBank's Vision Fund was once a power broker, having raised a jaw-dropping $100 billion in 2017, followed by plans to raise $108 billion for Vision Fund 2 in 2019 — two of the largest venture-investing vehicles ever established. But insiders are now questioning if it will ever regain influence, according to 11 ex-Vision Fund investors, former employees, VCs, and industry analysts who weighed in on the future of the Vision Fund. One ex-Vision Fund investor described Son, now taking the reins of Vision Fund 2, as someone who is "not a manager." Given its investing performance so far, the obvious question is what happens once Vision Fund 2 has reached full investment.

☆ Best Online Stock Trading Platforms of 2022
▼ + stars: | 2022-10-15 | by ( ) www.wsj.com time to read: +15 min

Luckily, the past few years has seen a profusion of online stock trading platforms. We spent hours comparing more than a dozen stock trading platforms looking for the most intuitive tools, in-depth research and access to guidance and other educational content. We considered all of this when making our picks for the Best Stock Trading Platforms of 2022. How we pickedTo pick Buy Side from WSJ’s best stock trading platforms, we reviewed offerings from more than a dozen companies. Morgan Stanley is the corporate parent of E*Trade, one of the stock trading platforms considered for this story.

☆ French telecoms tycoon Niel ventures into crowded payment sector
▼ + stars: | 2022-09-27 | by ( Mathieu Rosemain | ) www.reuters.com time to read: +2 min

Xavier Niel, founder of French broadband Internet provider Iliad, arrives for a hearing on the concentration of media ownership in the country, at the French Senate in Paris, France, February 18, 2022. REUTERS/Sarah Meyssonnier/File PhotoRegister now for FREE unlimited access to Reuters.com RegisterPARIS, Sept 27 (Reuters) - Xavier Niel, the founder and owner of French telecoms group Iliad, is venturing into the crowded payment sector with the aim of applying the same low-cost formula he used for mobile phone services. Register now for FREE unlimited access to Reuters.com RegisterThe payment sector includes bigger companies such as U.S.-based Stripe and Netherlands-based Adyen (ADYEN.AS), currently valued at about 40 billion euros ($38.50 billion). Iliad's Free Mobile services shook France's mobile market in 2012 with cheaper contracts, unleashing a wave of cut-throat competition whose effects are still be felt today. ($1 = 1.0391 euros)Register now for FREE unlimited access to Reuters.com RegisterReporting by Mathieu Rosemain; editing by Richard LoughOur Standards: The Thomson Reuters Trust Principles.

☆ Radio Free Mobile: Ethereum 'merge' could have significant ramifications for tech industry
▼ + stars: | 2022-09-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRadio Free Mobile: Ethereum 'merge' could have significant ramifications for tech industryRichard Windsor, founder of Radio Free Mobile, discusses the likely impact of the Ethereum 'merge' on the tech industry, the outlook for semiconductors, and the sinking valuations of major tech companies.

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