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Big tech companies continue cost cutting
  + stars: | 2023-04-03 | by ( Paayal Zaveri | ) www.businessinsider.com   time to read: +5 min
Tech companies have chased short-term fads in a desperate attempt to win the favor of Wall Street investors — and it's making the online experience worse. As tech companies continue to focus on efficiency, it's clear that one metric is the most important: revenue per employee. After years of over-hiring, tech companies are now looking to squeeze the most efficient performance from each worker, my colleague Hasan Chowdhury reports. But it's another sign that tech companies are drifting away from pro-remote work policies. Google, Meta, and Microsoft have all failed to make their AR and VR devices into mainstream successes.
Trump calls Ron DeSantis 'Rob' in press release
  + stars: | 2023-03-22 | by ( Sonam Sheth | ) www.businessinsider.com   time to read: +3 min
A new Trump press release called Florida Gov. Ron DeSantis "Rob." Ron DeSantis as "Rob" in a Wednesday press release. "ICYMI: 'Steve Bannon calls Rob DeSantis a 'weasel' and Mike Lindell brands him 'disgusting' for his response to Trump's looming indictment..." the press release said. He frequently calls DeSantis "Ron DeSanctimonious," and according to Bloomberg, he's also been workshopping other nicknames including "Tiny D," "Ron DisHonest," and "Ron DeEstablishment."
Crypto's go-to bank collapsed. What now?
  + stars: | 2023-03-09 | by ( Allison Morrow | ) edition.cnn.com   time to read: +4 min
New York CNN —Yesterday, the financial world witnessed a classic run on the bank when Silvergate Capital, the go-to US lender for crypto companies, said it would wind down its operations and voluntarily liquidate. ICYMI: Silvergate was, for most of its existence, a traditional Southern California regional bank. In the same period, the global crypto industry has lost two-thirds of its value, falling from a $3 trillion market cap to $1 trillion. I’ve heard the “don’t blame crypto” argument a thousand times. And it was the same story nearly a year ago, when the Terra/Luna crash last spring wiped out billions overnight — don’t blame crypto; those were toxic algorithmic stablecoins, you can’t trust those.
It's time to chill with al the recession talk
  + stars: | 2023-02-06 | by ( Allison Morrow | ) edition.cnn.com   time to read: +8 min
New York CNN —In 2021, a bunch of economists and policy makers underestimated the inflation that was taking root around the world. In 2022, as inflation hit 40-year-highs and the Fed ramped up interest rates, many of those commentators went full-on gloomy — predicting a recession was all but inevitable. And that makes it hard, if not impossible, to imagine a recession anytime soon. “Any concern the economy is in recession or close to a recession should be completely dashed by these numbers,” Moody’s Analytics chief economist Mark Zandi told CNN on Friday. “The economy is further away from recession than ever,” wrote Christopher Rupkey, chief economist at Fwdbonds.
Microsoft could bring back Clippy, but make him smart
  + stars: | 2023-01-25 | by ( Allison Morrow | ) edition.cnn.com   time to read: +6 min
New York CNN —This week, Microsoft confirmed it’s planning to invest billions in OpenAI, the company behind the viral new chatbot tool ChatGPT. The prospect of Microsoft, maker of software that people mostly hate, getting involved with ChatGPT, a product people generally like, is raising a lot of eyebrows. Almost immediately, people began joking on social media that ChatGPT could be used to revive the broadly maligned, big-eyed goon known as Clippy. “There is a kernel of truth to the Clippy comparison,” David Lobina, an artificial intelligence analyst at ABI Research, told Sam. All of the above suggestions were generated by asking ChatGPT various forms of the question, “How could Microsoft integrate ChatGPT into its products?”Argh, Samantha, you scamp!
Some people may even find a kind of beauty in the way the system was designed to keep special interests in check. “To have a strong capitalist system, you have to have competition,” said Senator Amy Klobuchar, who called the hearing. “You can’t have too much consolidation — something that, unfortunately for this country, as an ode to Taylor Swift, I will say, we know all too well.”(Nice one, Ames.) ICYMI, tickets for Swift’s Eras Tour, which begins in March, went up for pre-sale on Ticketmaster in mid-November. But the bigger question of whether Live Nation is a monopoly is up to the Department of Justice.
I’m seeing the words “recession,” “crypto,” “debt ceiling,” the “M&M’s spokescandy scandals…”And yet, I am bound my duty as a journalist not to shy away from the hard candy shell news. I know, I know, you’re all tired of the media’s relentless coverage of the M&M Spokescandy Saga, aka the Culture War Battle that is shaping social discourse in the Year of Our Lord 2023. The company claims it didn’t think anyone would notice when it released the changes to the characters’ appearance. “We definitely didn’t think it would break the internet,” it said in a press release that frankly reeked of champagne and high fives. Oh you didn’t think anyone would notice, M&M marketing wizards?
The GOP-controlled House passes a rules package for 118th Congress with just one GOP defection, NBC’s Kyle Stewart reports. ... President Biden spends his final day in Mexico City at North American Leaders’ Summit. But first: The news that the Justice Department is reviewing Obama Era classified documents found at a think tank tied to President Biden is quite a political gift to Donald Trump. “When is the FBI going to raid the many homes of Joe Biden, perhaps even the White House?” Trump posted on his Truth Social account. 6: The number of shootings recently at or near the homes of New Mexico Democratic political leaders, including the incoming state House speaker.
The new House GOP majority returns to elect a speaker after failing on three votes Tuesday. ... Nancy Pelosi reacts to GOP dysfunction: “As one who loves this institution, I think it’s a sad day.” ... And President Biden appears with Senate GOP Leader Mitch McConnell to tout the bipartisan infrastructure law. Andy Beshear) all appear at an event in Kentucky promoting a bridge improvement from the bipartisan infrastructure law. 16: How many years Senate Minority Leader Mitch McConnell has served as Senate GOP leader, making him the longest-serving Senate leader ever, per NBC News’ Frank Thorp. Eyes on 2024: DeSantis takes office amid GOP chaosAs the GOP descended into chaos on Capitol Hill Tuesday, Florida GOP Gov.
The Save America PAC is subscribed to the New York Times and the "thoroughly disgusting" Washington Post, among other outlets. Trump's Save America PAC subscribed to the New York Times, the "thoroughly disgusting" Washington Post, and even Insider. During the 2021-2022 election cycle, the Save America PAC purchased multiple $17 subscriptions to the New York Times, $40 subscriptions to the Financial Times, and a $75 subscription to the Washington Post. The Save America PAC did not respond to Insider's request for comment. On December 14, for example, the Save America Joint Fundraising Committee blasted out a text message from the former president.
But first, Elon Musk staked his Twitter leadership on a poll and it closed just minutes ago. Elon Musk topped off a turbulent week by launching a poll asking Twitter users whether he should quit as CEO. After SEC filings showed Musk sold about $3.6 billion of Tesla stock, its share price tumbled more than 15% amid a growing view that Twitter is becoming a distraction. This is a developing story and Tesla stock is currently up almost 5% in premarket trading. ICYMI: Phil Rosen, your usual host of this newsletter, discussed the "stunning" state of America's oil industry with Citi's Ed Morse.
But first: The results from five counties will help tell us if Democrat Raphael Warnock is on track to win tonight’s Senate runoff in Georgia. Warnock got 56.9% of the vote in Cobb when he won the Jan. 2021 runoff, and he got just under that last November (56.8%). And in Gwinnett, Warnock got 60.6% of the vote in the 2021 runoff, compared with 58.9% last month against Walker. In rural Chattooga — one of NBC News’ “County to County” counties — Warnock got just 20.5% when he won the 2021 runoff, and he got less than that in the November general election (19.8%). Data Download: The number of the day is … $7.79 billionThat’s how much money was spent on political television, radio and digital ads this entire cycle (starting the day after the 2021 Georgia Senate runoff through today’s runoff), per AdImpact.
WASHINGTON — If it’s Monday ... It’s the last day of campaigning before tomorrow’s Georgia Senate runoff. ... NBC’s Vaughn Hillyard covers the closing messages by Democrat Raphael Warnock and Republican Herschel Walker. And just looking at the campaigns, which get the biggest bang per advertising buck, it’s Warnock at $25.2 million, versus Walker at $10.1 million. But now it’s $11.8 million — behind Warnock’s $25 million and the $20.3 million from Georgia Honor, a Democratic Super PAC. Runoff watch: Walker accuser speaks to NBC NewsDays after she first revealed an allegation of domestic abuse against Georgia Republican Senate hopeful Herschel Walker, a former girlfriend of his sat down with NBC News to detail those allegations.
Today, we're taking a look inside the rise and fall of Amazon's Alexa unit, and detailing more potential layoffs at Twitter, so we're not off to a great start — but let's keep our fingers crossed. Employees took us inside Amazon's floundering Alexa unit. With Amazon's Alexa — and the devices team at large — the prime target of the biggest layoffs in the company's history, Insider's Eugene Kim spoke with more than a dozen employees to understand the current state of the unit. Employees told Insider a combination of low morale, failed monetization attempts, and lack of engagement across users and developers made them feel as though the team was deadlocked over the last few years. Here's everything employees told us.
Disney’s tale of two Bobs
  + stars: | 2022-11-21 | by ( Allison Morrow | ) edition.cnn.com   time to read: +6 min
This was a big surprise Sunday night, for a few reasons:1) Iger has previously dismissed the idea of going back to Disney. Then, he kept going: Iger’s Disney acquired Lucasfilm, home of the Star Wars franchise, for a little over $4 billion. Disney shares surged 9% Monday morning, reflecting investors’ hopes that Iger will swoop in and work his magic. The Trump news was no surprise — even before buying Twitter, Musk made clear he would reinstate Trump and rethink the site’s content-moderation policies. And if Musk’s strategy is to stoke controversy, he’s already brought out the big guns in letting Trump back on.
In Arizona Senate, Democratic Sen. Mark Kelly is ahead of Republican Blake Masters by 115,000 votes with 80% in. On Dobbs, the national exit poll showed 27% of voters picking abortion as their No. And remember that our final NBC News poll found Trump as one of the most unpopular political figures we measured, especially compared with President Biden. In each state, those Democratic secretaries of state nominees were running against Republicans who cast doubt on the 2020 election result. Two of those five feature Democrat vs. Democrat contests, thanks to the state’s Top 2 primary, so those will stay in the Democratic column.
Texas Sen. Ted Cruz was the only GOP committee member to oppose the bill. Other numbers to know:155 miles per hour: How fast the maximum sustained winds of Hurricane Ian were as of Wednesday morning, per the National Hurricane Center. 23 percentage points: Democrat Beto O’Rourke’s edge over Republican Gov. Last night, Democratic Gov. Tim.”Oklahoma Senate: Former President Donald Trump endorsed Republican Sen. James Lankford in his Senate bid, after conspicuously not endorsing the GOP incumbent in his primary.
Well, we took the guesswork out of it for you by analyzing some data to determine just how much different companies pay their employees. Positions we looked at included data scientists, data engineers, senior analysts, and more — see how their salaries stack up. Positions we looked at included data scientists, data engineers, senior analysts, and more — see how their salaries stack up. Finally, take a look at Insider's Big Tech salary database to see how much Apple, Microsoft, Intel, Facebook, and other companies pay their workers. By combing through data, Insider got a sense of how companies like Google, Hulu, and Disney pay their employees.
Here's the deal: Morgan Stanley just got slapped with a $35 million fine for "astonishing" failures that led to the mishandling of sensitive data on some 15 million customers, my colleague Matt Egan writes. Eventually, the devices, still loaded up with sensitive data, wound up on an auction site. "If not properly safeguarded, this sensitive information can end up in the wrong hands and have disastrous consequences for investors." Morgan Stanley agreed to pay the fine without admitting or denying the findings in the settlement. "We have previously notified applicable clients regarding these matters, which occurred several years ago, and have not detected any unauthorized access to, or misuse of, personal client information," Morgan Stanley said in a statement.
... And Joe O’Dea pitches himself as pro-abortion rights in Colorado Senate while Democrats push back. The Republican Party holds all-time high advantages on the economy, crime and border security, while the Democrats have an all-time high on abortion and a double-digit edge on health care. Midterm roundup: Trump hits the trail in OhioFormer President Donald Trump traveled to Ohio over the weekend to boost GOP Senate hopeful J.D. Not every GOP Senate candidate is eager to campaign with Trump. It’s a position on abortion that is different from that of his fellow Republican Senate candidates, many of whom favor stricter bans with few exceptions.
Financial markets are on a knife's edge, and have been for weeks, as they await word from the central bank on how much monetary tightening to expect. On Monday, Wall Street vacillated between slight gains and losses , effectively in a holding pattern while investors awaited word from the Silver Fox himself, Mr. Federal Reserve Chairman Jerome Hayden Powell. Fed Chair Jerome Powell speaks during a news conference following a meeting of the Federal Open Market Committee in July. Of course, emoticons became emoji (style note: the plural of emoji is emoji), and our text conversations added a new layer of meaning. Like, check this out:OK, fine 😂OK, fine 😔OK, fine 🙃OK, fine 🙄...You get the idea.
Financial markets are on a knife’s edge, and have been for weeks, as they await word from the central bank on how much monetary tightening to expect. On Monday, Wall Street vacillated between slight gains and losses, effectively in a holding pattern while investors awaited word from the Silver Fox himself, Mr. Federal Reserve Chairman Jerome Hayden Powell. Fed Chair Jerome Powell speaks during a news conference following a meeting of the Federal Open Market Committee in July. Of course, emoticons became emoji (style note: the plural of emoji is emoji), and our text conversations added a new layer of meaning. Like, check this out:OK, fine 😂OK, fine 😔OK, fine 🙃OK, fine 🙄…You get the idea.
Глава Датского агентства по лекарствам Таня Эриксен, упала в обморок во время пресс-конференции. Конференция была организована, чтобы объявить, что Дания навсегда снимает вакцину AstraZeneca из кампании вакцинации. Позже Таня Эриксен была доставлена ​​в больницу. Сейчас ее состояние хорошее, пишет mediafax.ro . ICYMI — The head of #Denmark‘s medicines agency, Tanja Erichsen, collapsed during the press conference announcing the #AstraZeneca discontinuation.pic.twitter.com/gwG6roCiAa — Disclose.tv 🚨 (@disclosetv) April 15, 2021фото: скриншот видео https://twitter.com/disclosetvnokta
Persons: ​ ​, ICYMI, Tanja Erichsen, Таня Эриксен Organizations: AstraZeneca, AstraZeneca discontinuation.pic.twitter.com, Датское агентство по лекарствам Locations: Дания
NASA: „Tocmai am gasit apa...
  + stars: | 2020-10-27 | by ( ) www.realitatea.md   time to read: +1 min
Agenţia spaţială americană NASA a publicat luni, 26 octombrie, dovezi despre existenţa apei pe satelitul natural al Pământului. Descoperirea motivează NASA de a amplasa o bază acolo. A fost posibil cu ajutorul unui observator montat pe un Boeing 747 modificat în stare să zboare deasupra a 99% din atmosfera terestră. Scientists think the water could be stored inside glass beadlike structures within the soil that can be smaller than the tip of a pencil. A recap: https://t.co/lCDDp7pbcl pic.twitter.com/d3CRe96LDm — NASA (@NASA) October 26, 2020Următorul obiectiv al Agenţiei spaţiale este să trimită prima femeie sau următorul bărbat în locul cu pricina.
Persons: Agenţia, Hannah Sargeant, Milton Keynes . ? Organizations: NASA, Open University, NASA, SOFIATelescope
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