DIRS.INFO The most relevant business & tech news

☆ Exclusive: Meta bars political advertisers from using generative AI ads tools
▼ + stars: | 2023-11-07 | by ( Katie Paul | ) www.reuters.com time to read: +4 min

Meta AI logo is seen in this illustration taken September 28, 2023. Alphabet's (GOOGL.O) Google, the biggest digital advertising company, announced the launch of similar image-customizing generative AI ads tools last week. TikTok and Snapchat owner Snap (SNAP.N) both bar political ads, while X, previously known as Twitter, has not rolled out any generative AI advertising tools. Meta's top policy executive, Nick Clegg, said last month that the use of generative AI in political advertising was "clearly an area where we need to update our rules." Earlier, Clegg told Reuters that Meta was blocking its user-facing Meta AI virtual assistant from creating photo-realistic images of public figures.

Persons: Dado Ruvic, Meta, Nick Clegg, Clegg, Joe Biden, Katie Paul, Kenneth Li, Matthew Lewis Organizations: REUTERS, Meta, Housing, Employment, Health, Pharmaceuticals, Services, Google, Reuters, Thomson Locations: New York

☆ Exclusive: Amazon previews FTC defense at companywide meeting
▼ + stars: | 2023-11-07 | by ( Greg Bensinger | Thomson Reuters | Greg Bensinger Joined Reuters As A Technology Correspondent In Focusing On The World'S Largest Technology Companies. He Was Previously A Member Of The New York Times Editorial Board | ) www.reuters.com time to read: +3 min

Nov 7 (Reuters) - Amazon.com's (AMZN.O) top lawyer on Tuesday previewed the broad outlines of the company's possible defense against the U.S. Federal Trade Commission's antitrust lawsuit against the retailer, at a private companywide meeting. The lawsuit, which was joined by 17 state attorneys general, was filed in federal court in Seattle and follows a four-year investigation into the company's practices. The agency asked the court to issue a permanent injunction ordering Amazon to stop what it called unlawful conduct. Amazon has said it disagrees with the FTC and would defend itself in court. "The whole complaint is based on a very constrained and manufactured view that Amazon is a monopoly," said Zapolsky.

Persons: David Zapolsky, Taylor Swift, Zapolsky, Andy Jassy, Ty Rogers, Greg Bensinger, Kenneth Li, Matthew Lewis Organizations: U.S . Federal Trade, Reuters, Amazon, U.S . Federal Trade Commission, Big Tech, FTC, Thomson Locations: Seattle, San Francisco

☆ Former Meta employee tells Senate company failed to protect teens' safety
▼ + stars: | 2023-11-07 | by ( Katie Paul | ) www.reuters.com time to read: +3 min

Meta and Facebook logos are seen in this illustration taken February 15, 2022. The employee, Arturo Bejar, worked on well-being for Instagram from 2019 to 2021 and earlier was a director of engineering for Facebook's Protect and Care team from 2009 to 2015, he said. "Every day countless people inside and outside of Meta are working on how to help keep young people safe online," the Meta statement said. In his testimony, Bejar recounted that in one meeting Meta Chief Product Officer Chris Cox was able to cite precise statistics on teen harms off the top of his head. "I found it heartbreaking because it meant that they knew and that they were not acting on it," said Bejar.

Persons: Dado Ruvic, Arturo Bejar, Bejar, Meta, Mark Zuckerberg, Zuckerberg, Chris Cox, Katie Paul, Kenneth Li, Aurora Ellis Organizations: Meta, REUTERS, Facebook, Facebook's, Care, Privacy, Technology, Wall Street, Thomson

☆ Exclusive: Meta to bar political advertisers from using generative AI ads tools
▼ + stars: | 2023-11-06 | by ( Katie Paul | ) www.reuters.com time to read: +4 min

Meta AI logo is seen in this illustration taken September 28, 2023. Alphabet's (GOOGL.O) Google, the biggest digital advertising company, announced the launch of similar image-customizing generative AI ads tools last week. Snapchat owner Snap (SNAP.N) and TikTok both bar political ads, while X, previously known as Twitter, has not rolled out any generative AI advertising tools. Meta's top policy executive, Nick Clegg, said last month that the use of generative AI in political advertising was "clearly an area where we need to update our rules." Earlier, Clegg told Reuters that Meta was blocking its user-facing Meta AI virtual assistant from creating photo-realistic images of public figures.

Persons: Dado Ruvic, Meta, Nick Clegg, Clegg, Joe Biden, Katie Paul, Kenneth Li, Matthew Lewis Organizations: REUTERS, Meta, Google, Reuters, San, Thomson Locations: United Kingdom, San Francisco

☆ Elon Musk's X restructuring curtails disinformation research, spurs legal fears
▼ + stars: | 2023-11-06 | by ( Sheila Dang | ) www.reuters.com time to read: +9 min

It also shows a majority of survey respondents fear being sued by X over their findings or use of data. European Union regulators are also currently investigating X's handling of disinformation, which was the focus of multiple stalled or canceled independent research studies, the survey found. She helped conduct the research survey for the coalition, a global group with more than 300 members, that works to advance the study of technology's impact on society. 'X' logo is seen on the top of the headquarters of the messaging platform X, formerly known as Twitter, in downtown San Francisco, California, U.S., July 30, 2023. Short-form video app TikTok announced an academic research API earlier this year, but its onerous terms and conditions limit its usefulness for researchers, said Megan A.

Persons: Elon, Musk's, Josephine Lukito, Musk, Carlos Barria, Lukito, Tim Weninger, Megan A, Brown, X, CCDH, Imran Ahmed, Bond Benton, Linda Yaccarino, Sheila Dang, Zeba Siddiqui, Martin Coulter, Supantha Mukherjee, Kenneth Li, Anna Driver Organizations: Social, Reuters, Twitter, Coalition for Independent Technology Research, Center, Union, University of Texas, San, EU, Reuters Graphics, REUTERS, University of Notre Dame, New York University, Tech Policy Press, Facebook, Montclair State University, Sprinklr, Thomson Locations: Israel, Gaza, quantifies, U.S, Australian, Austin, San Francisco, San Francisco , California, China, Sprinklr, London, Stockholm

☆ Top Wall Street analysts say buy these dividend stocks for enhanced returns
▼ + stars: | 2023-11-05 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +7 min

Ares CapitalThis week we will first look at a high-dividend yield stock Ares Capital (ARCC). ARCC offers a dividend yield of 9.8%. Citi's dividend yield stands at 5%. The company pays a dividend yield of 2.5%. On Oct. 26, Tigress Financial Partners analyst Ivan Feinseth reiterated a buy rating on AT&T stock with a price target of $28.

Persons: Justin Sullivan, Wall, Kenneth Lee, Lee, TipRanks, James Fotheringham, Fotheringham, Peter Saleh, Saleh, Ivan Feinseth, Feinseth Organizations: Citibank, ARCC, RBC Capital, Ares, Citigroup, Citi, BMO Capital, Tigress Financial, Edge, T Locations: California

☆ Comments on Morgan Stanley naming Ted Pick as CEO
▼ + stars: | 2023-10-26 | by ( ) www.reuters.com time to read: +3 min

The corporate logo of financial firm Morgan Stanley is pictured on the company's world headquarters in New York, U.S. April 17, 2017. REUTERS/Shannon Stapleton/File photo Acquire Licensing RightsOct 25 (Reuters) - Below are some quotes from banking observers and CEOs about Morgan Stanley's (MS.N) naming of insider Ted Pick on Wednesday as its chief executive officer effective Jan. 1, replacing long-time leader James Gorman. DAVID SOLOMON, CEO, GOLDMAN SACHS"First, I want to congratulate James Gorman for his very successful run as CEO at Morgan Stanley. James has been a remarkable CEO, a builder, a competitor, but also a great friend. I also congratulate Ted Pick on his appointment as the incoming CEO.

Persons: Morgan Stanley, Shannon Stapleton, Morgan Stanley's, Ted Pick, James Gorman, BRIAN MULBERRY, MOODY'S, STEPHEN BIGGAR, Eaton Vance, DAVID SOLOMON, GOLDMAN SACHS, James, We're, BRIAN MOYNIHAN, KENNETH LEON, MARK NARRON, FITCH, Saeed Azhar, Nupur Anand, Lananh Nguyen, Rod Nickel, Sonali Paul Organizations: REUTERS, ANA, Gorman, Wealth, OF, Thomson Locations: New York, U.S

Nvidia and AMD could sell PC chips as soon as 2025, one of the people familiar with the matter said. Nvidia and AMD would join Qualcomm (QCOM.O), which has been making Arm-based chips for laptops since 2016. Nvidia spokesperson Ken Brown, AMD spokesperson Brandi Marina, Arm spokesperson Kristen Ray and Microsoft spokesperson Pete Wootton all declined to comment. Executives at Microsoft have observed how efficient Apple’s Arm-based chips are, including with AI processing, and desire to attain similar performance, one of the sources said. AMD's entry into the Arm-based PC market was earlier reported by chip-focused publication SemiAccurate.

Persons: Intel’s, Ken Brown, Brandi Marina, Kristen Ray, Pete Wootton, ”, Jay Goldberg, Will Moss, Stephen Nellis, Max A, Kenneth Li, Josie Kao Organizations: NVIDIA, Handout, REUTERS, Nvidia, Arm Holdings, Reuters, Windows, Apple, IDC, Devices, AMD, Qualcomm, Microsoft, Intel, D2D, Software, Thomson Locations: Santa Clara , California, San Francisco

Those summaries appear on the top of the Google search homepage, with links to “dig deeper,” according to Google’s overview of SGE. Most significantly, publishers want to be compensated for the content on which Google and other AI companies train their AI tools – a major sticking point around AI. In late September Google announced a new tool, called Google-Extended, that gives publishers the option to block their content from being used by Google to train its AI models. Publishers want clicks to secure advertisers, and showing up in Google search is key to their business. When given the option, websites are blocking their content from being used for AI if doing so doesn’t impact search, according to exclusive data from AI content detector Originality.ai.

Persons: Annegret, Jon Fosse ”, –, Japan –, ”, Danielle Coffey, Forrester, Nikhil Lai, “, Helen Coster, Kenneth Li, Claudia Parsons Organizations: Google, Arena, REUTERS, NPR, The New York Times, Reuters, News Media Alliance, Washington Post, Thomson Locations: Berlin, Germany, United States, India, Japan, Paris, SGE

A view of a Nvidia logo at their headquarters in Taipei, Taiwan May 31, 2023. U.S. officials asked for input in devising a "tamperproof" way to keep systems that might contain up to 256 AI chips from being strung together into a supercomputer. The other primary gift that U.S. officials gave Nvidia, Intel and AMD was hobbling their most capable Chinese competitors. New rules will make it nearly impossible for Moore Threads and Biren, two well-funded Chinese startups founded by Nvidia veterans, to have their designs manufactured using cutting-edge chipmaking technology. That means whatever Nvidia is able to sell to China will likely be Chinese buyers' best legal option.

Persons: Ann Wang, ChatGPT, Thomas Krueger, They're, Moore, Piper Sandler, Dan Hutcheson, Japan's, Clete Willems, Akin Gump, Gregory Allen, David Kanter, Stephen Nellis, Max A, Kenneth Li, Jamie Freed Organizations: REUTERS, FRANCISCO, Biden, Nvidia, Intel, Devices, U.S . Bureau of Industry and Security, U.S . National Security Council, BIS, AMD, Japan's Nikon, U.S, Center for Strategic, International Studies, Real, Thomson Locations: Taipei, Taiwan, China, U.S, Netherlands, Japan, San Francisco

The updates include the addition of memory storage to its developer tools for using AI models. The new features are expected to be rolled out at OpenAI’s first-ever developer conference in San Francisco on November 6, sources said. Keeping developers happy has been a major focus for OpenAI, these sources told Reuters. Earlier this year, the company rushed to release ChatGPT plugins, add-on tools that allow developers to create applications within ChatGPT. Earlier this year, Altman admitted to a group of developers in London that plugins have not gained market traction.

Persons: Sam Altman, Elon Musk, Altman, Musk doesn't, OpenAI, Jasper, ChatGPT, Lakshya Bakshi, Krystal Hu, Anna Tong, Kenneth Li, Nick Zieminski Organizations: Reuters, Elon, Google, Thomson Locations: OpenAI’s, San Francisco, London

He said in the short-term resources could be diverted if the conflict expands, such as staff at tech companies being called up as military reservists. "They will probably increase the investment in AI," Krosby said. "It could bolster support for more financial resources for tech for the military, which then ultimately transitions to the private sector tech companies," Krosby added. The tech sector has shown resilience in the past, overcoming a number of conflicts with Hamas in Gaza. Apjit Walia the Managing Director at DVN Capital said the Israeli tech sector "has historically bounced back from geopolitical tragedies."

Persons: Amir Cohen, Israel, Jack Ablin, Quincy Krosby, Jensen Huang, Benjamin Netanyahu, LPL's Krosby, Krosby, DVN Capital, Max A, Cherney, Mica Rosenberg, Steven Scheer, Kenneth Li, Megan Davies, Jamie Freed Organizations: Intel, REUTERS, FRANCISCO, Tech, Hamas, Cresset Wealth, Financial, Intel Corp, Sunday, Nvidia, Tel, Semiconductor, Meta, Apple, Microsoft, IBM, Google, Facebook, DVN, Thomson Locations: Petah Tikva, Tel Aviv, Israel, JERUSALEM, Gaza, Charlotte , North Carolina, United States, Silicon Valley, Kiryat Gat, Apjit, Francisco, New York, Jerusalem

CEO Sam Altman has made the acquisition of more AI chips a top priority for the company. Meta's (META.O) custom chip effort has been beset with issues, leading the company to scrap some of its AI chips, according to a Reuters report. OpenAI's main backer, Microsoft (MSFT.O), is also developing a custom AI chip that OpenAI is testing, The Information has reported. Demand for specialized AI chips has soared since the launch of ChatGPT last year. Nvidia is one of the few chipmakers that produces useful AI chips and dominates the market.

Persons: Dado Ruvic, OpenAI, Sam Altman, Altman, Bernstein, Stacy Rasgon, Anna Tong, Stephen Nellis, Max A, Kenneth Li, Stephen Coates 私 Organizations: REUTERS, FRANCISCO, Reuters, Nvidia, Microsoft, Google, Amazon.com, Annapurna Labs, Devices Locations: WASHINGTON, San Francisco

Taylor Swift attends the 2023 MTV Video Music Awards at the Prudential Center in Newark, New Jersey, U.S., September 12, 2023. In her next act, Swift is poised to lift another corner of the economy: a movie box office still trying to recover from the pandemic and Hollywood strikes. “Swift and Beyonce will certainly fill some of the gaps,” said Box Office Pro senior analyst Shawn Robbins. BLOCKBUSTER SALESAdvance sales for "Taylor Swift: The Eras Tour" are on pace with a Star Wars or Marvel blockbuster. “But there's no question that the Eras Tour with Taylor Swift has really launched that into a new atmosphere.

Persons: Taylor Swift, Andrew Kelly, Swift, Taylor, Beyonce, ”, Barbie ”, “ Oppenheimer, “ Swift, Shawn Robbins, “, it's, Hunter, “ We’ve, Rolando Rodriguez, Brock Bagby, Queen Bey, Bruce Nash, Nash, Riley, Eric Wold, Dawn Chnmielewski, Lisa Richwine, Kenneth Li, Mark Porter Organizations: Prudential Center, REUTERS, AMC Theatres, Hollywood, Pro, SAG, Marvel, National Association of Theatre Owners, B, ”, Wedbush Securities, Thomson Locations: Newark , New Jersey, U.S, United States, Canada, Missouri, Los Angeles, New York

At issue is RISC-V, pronounced "risk five," an open-source technology that competes with costly proprietary technology from British semiconductor and software design company Arm Holdings (O9Ty.F). RISC-V can be used as a key ingredient for anything from a smartphone chip to advanced processors for artificial intelligence. The RISC-V technology came from labs at the University of California, Berkeley, and later benefited from funding by the Pentagon's Defense Advanced Research Projects Agency (DARPA). Its executives said in August they believe RISC-V will speed up chip innovation and transform the tech industry. Jack Kang, vice president of business development at SiFive, a Santa Clara, California-based startup using RISC-V, said potential U.S. government restrictions on American companies regarding RISC-V would be a "tremendous tragedy."

Persons: Florence Lo, Joe Biden's, Marco Rubio, Mark Warner, Mike Gallagher, Biden, Michael McCaul, McCaul, " Rubio, Warner, Jack Kang, Kang, Kevin Wolf, Akin Gump, Barack Obama, Wolf, Max A, Cherney, Stephen Nellis, Will Dunham, Kenneth Li Organizations: REUTERS, U.S ., Arm Holdings, Republican, Democratic, Reuters, Commerce Department, People's, CCP, Chinese Communist Party, House Foreign Affairs, of Industry, Security, Commerce, University of California, Pentagon's Defense, Research Projects Agency, DARPA, HUAWEI, Huawei Technologies, Qualcomm, Google, Thomson Locations: China, U.S, Beijing, People's Republic of China, Communist China, Swiss, Berkeley, United States, SiFive, Santa Clara , California, San Francisco

☆ Meta's new AI chatbot trained on public Facebook and Instagram posts
▼ + stars: | 2023-09-28 | by ( Katie Paul | ) www.reuters.com time to read: +4 min

REUTERS/Carlos Barria/File Photo Acquire Licensing RightsMENLO PARK, California, Sept 28 (Reuters) - Meta Platforms (META.O) used public Facebook and Instagram posts to train its new Meta AI virtual assistant, but excluded private posts shared only with family and friends in an effort to respect consumers' privacy, the company's top policy executive told Reuters in an interview. "We've tried to exclude datasets that have a heavy preponderance of personal information," Clegg said, adding that the "vast majority" of the data used by Meta for training was publicly available. He cited LinkedIn as an example of a website whose content Meta deliberately chose not to use because of privacy concerns. Meta AI was the most significant product among the company's first consumer-facing AI tools unveiled by CEO Mark Zuckerberg on Wednesday at Meta's annual products conference, Connect. The public Facebook and Instagram posts that were used to train Meta AI included both text and photos, Clegg said.

Persons: Mark Zuckerberg, Carlos Barria, Meta, Global Affairs Nick Clegg, We've, Clegg, Bing, Mickey Mouse, Katie Paul, Kenneth Li, Matthew Lewis Organizations: Meta, REUTERS, MENLO, Facebook, Reuters, Global Affairs, Google, Microsoft's, Thomson Locations: Menlo Park , California, U.S, , California, Menlo Park, California

☆ Meta's new AI assistant trained on public Facebook and Instagram posts
▼ + stars: | 2023-09-28 | by ( Katie Paul | ) www.reuters.com time to read: +4 min

He cited LinkedIn as an example of a website whose content Meta deliberately chose not to use because of privacy concerns. Meta AI was the most significant product among the company's first consumer-facing AI tools unveiled by CEO Mark Zuckerberg on Wednesday at Meta's annual products conference, Connect. The public Facebook and Instagram posts that were used to train Meta AI included both text and photos, Clegg said. Interactions with Meta AI may also be used to improve the features going forward, the spokesperson said. Clegg said Meta imposed safety restrictions on what content the Meta AI tool could generate, like a ban on the creation of photo-realistic images of public figures.

Persons: Mark Zuckerberg, Carlos Barria, Meta, Global Affairs Nick Clegg, We've, Clegg, Bing, Mickey Mouse, Katie Paul, Kenneth Li, Matthew Lewis, Lincoln Organizations: Meta, REUTERS, MENLO, Facebook, Reuters, Global Affairs, Google, Microsoft's, Thomson Locations: Menlo Park , California, U.S, , California

A smartphone with a displayed Meta logo is placed on a computer motherboard in this illustration taken February 23, 2023. She is leaving her position at the end of the month but not immediately leaving the company, one of the sources said. Meta on Wednesday introduced the company's first generative AI products for consumers, including a chatbot that can generate both text responses and photo-realistic images. Some of the company's initial efforts proved slower than using existing chips, leading the company to scrap some of its AI chips. Meta is working on a newer chip that will span all types of AI work.

Persons: Dado Ruvic, Alexis Black Bjorlin, Yee Jiun, Black Bjorlin, Katie Paul, Stephen Nellis, Kenneth Li, Lisa Shumaker Organizations: REUTERS, Meta, Broadcom, Intel, Nvidia, Reuters, Thomson

Amazon's employees and cloud customers will gain early access to technology from Anthropic as part of the deal, which they can infuse into their businesses. They declined to state how much Amazon now would own of Anthropic or the startup's updated valuation, last estimated at more than $4 billion. The deal also shows ongoing maneuvering by the cloud companies to secure ties with AI startups reshaping their industry. Yet with Monday's deal, Anthropic is giving a boost to Amazon Bedrock, a service that has attracted thousands of users to start building AI applications. Asked if Amazon would invest in additional AI startups beyond Anthropic, Selipsky said, "I honestly don't know what the future will hold."

Persons: Anthropic, OpenAI, Adam Selipsky, Dario Amodei, Selipsky, Claude, Amodei, Jeffrey Dastin, Kenneth Li Organizations: FRANCISCO, Amazon, Microsoft, Google, Amazon's, GOOGLE, LexisNexis, Bridgewater Associates, Thomson Locations: Anthropic, San Francisco

They declined to state how much Amazon now would own of Anthropic or the startup's updated valuation, last estimated at more than $4 billion. The deal also shows ongoing maneuvering by the cloud companies to secure ties with AI startups reshaping their industry. Yet with Monday's deal, Anthropic is giving a boost to Amazon Bedrock, a service that has attracted thousands of users to start building AI applications. LexisNexis, a data analytics company, is working with Anthropic and Amazon to make its own legal search capabilities more "intelligent," Amodei said. Asked if Amazon would invest in additional AI startups beyond Anthropic, Selipsky said, "I honestly don't know what the future will hold."

Persons: Anthropic, OpenAI, Adam Selipsky, Dario Amodei, Pascal, Selipsky, Claude, Amodei, Jeffrey Dastin, Kenneth Li Organizations: FRANCISCO, Amazon, Microsoft, Google, Amazon's, REUTERS, LexisNexis, Bridgewater Associates, Thomson Locations: Anthropic, San Francisco

Lachlan Murdoch and his siblings attended Dalton, a private school on Manhattan’s Upper East Side, and other elite schools, including Trinity School. In 1999, Lachlan Murdoch assumed responsibility for print operations in the U.S. [1/3]Then Newscorp chairman Rupert Murdoch and son Lachlan Murdoch in the crowd before Super Bowl LI at NRG Stadium in Houston, Texas, U.S., February 5, 2017. The newly constituted Fox was reduced to a handful of assets, including the Fox broadcast network, Fox News, Fox Sports and Fox Business, with Lachlan Murdoch serving as its executive chair and chief executive officer. As chief executive of Fox Corp since 2019, Lachlan Murdoch has presided over the media properties during seismic change in the industry, as viewers cut cable subscriptions in favor of streaming services.

Persons: Lachlan Murdoch, Rupert Murdoch, Murdoch, Rupert Murdoch’s, Anna, Australian Broadcasting Corp’s, Paddy Manning’s, “, Lachlan, James, Dalton, Manning, Robert Deutsch, Walt Disney, Brother James Murdoch, Chris Mitchell, ”, James Murdoch, Kathryn, Fox, Donald Trump, Dawn Chmielewski, Helen Coster, Kenneth Li, Nick Zieminski Organizations: News Corp, Fox Corp, Wall Street Journal, Fox News, Sun, Fox Sports, Fox Entertainment, Australian Broadcasting, New, New York Post, The New York Times, Daily News, Wall Street, San Antonio Express, Monopoly, Trinity School, Trinity Conservative Society, Princeton, News Ltd, U.S ., New York, Century Fox, Walt, Fox, Fox Business, Disney, New York Times, Daily, Dominion Voting Systems, Thomson Locations: Australia, United States, London, New York, U.S, Illyria, NRG, Houston , Texas, Los Angeles

[1/3] Then Newscorp chairman Rupert Murdoch and son Lachlan Murdoch in the crowd before Super Bowl LI at NRG Stadium in Houston, Texas, U.S., February 5, 2017. In 1999, Lachlan Murdoch assumed responsibility for print operations in the U.S. Lachlan Murdoch founded Illyria Pty, a private investment company, whose acquisitions included a network of Australian radio stations. The newly constituted Fox was reduced to a handful of assets, including the Fox broadcast network, Fox News, Fox Sports and Fox Business, with Lachlan Murdoch serving as its executive chair and chief executive officer. While Rupert Murdoch built his legacy pursuing the television, movie and newspaper businesses with equal abandon, Lachlan’s legacy is still taking shape.

Persons: Rupert Murdoch, Lachlan Murdoch, Robert Deutsch, Murdoch, Rupert Murdoch’s, Anna, Australian Broadcasting Corporation’s, Paddy Manning’s, “, Lachlan, James, Dalton, Manning, Walt Disney, Brother James Murdoch, Lachlan Murdoch doesn’t, Chris Mitchell, ”, Fox, Donald Trump, Dawn Chmielewski, Helen Coster, Kenneth Li, Nick Zieminski Organizations: News Corp, Fox Corp, Wall Street Journal, Fox News, Sun, Fox Sports, Fox Entertainment, Australian Broadcasting, New, New York Post, The New York Times, Daily News, Wall Street, San Antonio Express, Monopoly, Trinity School, Trinity Conservative Society, News, New York, Century Fox, Walt, Fox, Fox Business, Disney, New York Times, Dominion Voting Systems, Thomson Locations: NRG, Houston , Texas, U.S, Australia, United States, London, New York, Princeton, Illyria, Los Angeles

☆ Why former Goldman Sachs partners say they left the firm
▼ + stars: | 2023-09-20 | by ( Dakin Campbell | ) www.businessinsider.com time to read: +23 min

Goldman Sachs partners are leaving — some 202 during David Solomon's five years as CEO by Insider's calculation. In particular, before Solomon, Goldman nurtured many fiefs and then spread the wealth from the most successful ones across the firm. Of the former Goldman executives that Insider interviewed, here are the most cited reasons they gave for leaving Goldman. When both men struggled, senior partners left, and Goldman stumbled in its efforts to wind down its balance-sheet investments. Goldman Sachs partners are paid well by any standard: $950,000 in base salary and often multiples of that in annual bonuses.

Persons: Goldman Sachs, David Solomon's, Solomon, Goldman, David Solomon, John Waldron, Goldman's, Adebayo Ogunlesi, Mike Mayo, Andrew Toth, Devin Ryan, Ryan, Waldron, Tony Fratto, Mike Blake, Eric Lane, Julian Salisbury, Lane, Luke Sarsfield, Sarsfield, Marc Nachmann, he's, Fratto, Stephanie Cohen, Cohen, Kathy Ruemmler, Charles Dharapak, Barack Obama's, Kenneth Lay, Jeffrey Skilling, Ruemmler, Unbeknown, Jeffrey Epstein, dealmaking, David S, Holloway, Mayo, David doesn't, GreenSky, Brendan McDermid, It's, Alison Mass, Hank Paulson, Russell Horwitz, David, it's, Emmalyse Brownstein Organizations: Wall, JPMorgan, Wells, Wells Fargo Securities, Investors, Goldman, AWM, Sarsfield, BAE Systems, Justice Department, Street Journal, Bloomberg, Employees, Partners, Federal Reserve, United Capital Financial Partners, Reuters, GreenSky Locations: New York, Wells Fargo, Salisbury, Manhattan, Texas, Plano, London, Paris, Chicago

☆ Disney, Charter’s Spectrum deal will reshape media -executives
▼ + stars: | 2023-09-14 | by ( Dawn Chmielewski | ) www.reuters.com time to read: +5 min

Disney also agreed to drop eight of its less-viewed networks, signaling the end of bloated cable TV bundles. Broadcasters could negotiate fees that included adding new cable TV channels. The new type of bundle deal combining traditional channels with streaming services provides a way forward for the media business. Pity the cable TV channels that few people watch, said one TV station group executive. Paramount Global has created numerous spin-offs of its main cable channels, with Nickelodeon siring five programming offspring, Nick Jr., Nick at Nite, TeenNick, Nicktoons and Nick Music.

Persons: Dado Ruvic, John Malone, Walt Disney, ”, Craig Moffett, “, you’re, Rich Greenfield, Jonathan Miller, Nick Jr, Nick, Nick Music, Moffett, Dawn Chmielewski, Kenneth Li, Josie Kao Organizations: REUTERS, Liberty Broadband, Charter Communications, Reuters, Disney / Charter, Disney, Broadcasters, Cable, P Global Market Intelligence, Netflix, Leichtman Research, Paramount, ESPN, FX, Integrated Media Co, Warner Bros Discovery, American Heroes Channel, Paramount Global, Nickelodeon, Nick, Thomson Locations: U.S, Greenfield, Los Angeles, New York

☆ Nvidia's dominance in AI chips deters funding for startups
▼ + stars: | 2023-09-11 | by ( Max A. Cherney | ) www.reuters.com time to read: +5 min

U.S. chip startups have raised $881.4 million through the end of August, according to PitchBook data. Nvidia has "indirectly" contributed to overall AI chip fundraising woes, because investors want "Home run only type investments with a huge investment, huge return," Mythic CEO Dave Rick said. About two years ago, new investments in chip startups were often $200 million or $300 million. At least two AI chip startups have overcome investor reluctance by trumpeting potential customers or their relationships with well-known executives. While these chip makers in Nvidia's shadow struggle, startups in AI software and related technologies do not face the same constraints.

Persons: Ann Wang, Nvidia’s, Greg Reichow, Dave Rick, Rick, Rivos, Brendan Burke, Tenstorrent, Jim Keller, Max A, Kenneth Li, Cynthia Osterman Organizations: REUTERS, Nvidia, Eclipse Ventures, Apple, Devices, Microsoft, AMD, Intel, Thomson Locations: Taipei, Taiwan, Santa Clara , California, U.S, San Francisco

Search resuls for: "Kenneth L"

25 mentions found