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☆ Dell's tepid outlook casts pall over strong quarter
▼ + stars: | 2023-03-02 | by ( ) www.reuters.com time to read: +2 min

[1/2] A Dell laptop is seen for sale in a store in Manhattan, New York City, U.S., November 24, 2021. Meanwhile, revenue from the commercial and consumer units, which indicate PC demand, was down 17% and 40%, respectively. Dell forecast first-quarter revenue to decline between 17% and 21%. Dell's full-year profit and revenue forecast also disappointed Wall Street even as the lifting of lockdowns in China was expected to ease supply chain pressures and reduce component and freight costs. Separately, Dell said Chief Financial Officer Tom Sweet would retire by the end of its fiscal second quarter, and named company veteran Yvonne McGill as his successor.

☆ Three-Stock Dinner: TSLA, CRM & SI
▼ + stars: | 2023-03-02 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThree-Stock Dinner: TSLA, CRM & SIEva Ados, chief investment strategist at ERShares, joins Eamon Javers and the 'CNBC Special: Taking Stock' to discuss three stocks, including Tesla, Salesforce and Silvergate Capital.

☆ Factbox: TikTok's Chinese ownership, security concerns spark bans across nations
▼ + stars: | 2023-02-28 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Dado Ruvic/IllustrationFeb 28 (Reuters) - The White House has set a 30-day deadline for U.S. government agencies to remove Chinese-owned social media app TikTok from all federal devices and systems. AfghanistanIs in talks to ban TikTok and video game PUBG, with the Taliban claiming those were leading Afghan youths "astray." U.S. Congress passed a bill in December 2022 to ban TikTok on federal devices. U.S. Educational InstitutionsBoise State University, University of Oklahoma, University of Texas-Austin, and West Texas A&M University are some of the schools to ban TikTok on university devices and Wi-Fi networks. European CommissionThe European Union's executive arm, the European Commission, has issued an order to ban the use of popular Chinese app TikTok on its staff's phones due to cybersecurity concerns.

☆ Nvidia files mixed shelf offering of up to $10 bln
▼ + stars: | 2023-02-28 | by ( ) www.reuters.com time to read: 1 min

Feb 28 (Reuters) - U.S. chipmaker Nvidia Corp (NVDA.O) filed a mixed shelf offering of as much as $10 billion with the U.S. Securities and Exchange Commission on Tuesday. The mixed shelf will include shares of its common stock, preferred stock, warrants, debt securities and purchase contracts, the company said. Reporting by Eva Mathews in Bengaluru; Editing by Krishna Chandra EluriOur Standards: The Thomson Reuters Trust Principles.

☆ Vice Media names co-CEOs to replace veteran exec. Nancy Dubuc- NYT
▼ + stars: | 2023-02-27 | by ( ) www.reuters.com time to read: 1 min

Feb 27 (Reuters) - Digital media firm Vice Media named co-chief executive officers to replace veteran television executive Nancy Dubuc who announced her departure last week, the New York Times reported on Monday. Chief Financial Officer Bruce Dixon and Chief Strategy Officer Hozefa Lokhandwala will helm the top role together, according to the Times. The company did not immediately respond to a Reuters request for comment. Reporting by Eva Mathews in Bengaluru; Editing by Shinjini GanguliOur Standards: The Thomson Reuters Trust Principles.

☆ Meta builds A-team focused on AI products
▼ + stars: | 2023-02-27 | by ( ) www.reuters.com time to read: +2 min

[1/2] A smartphone with a displayed Meta logo is placed on a computer motherboard in this illustration taken February 23, 2023. REUTERS/Dado Ruvic/IllustrationFeb 27 (Reuters) - Meta Platforms Inc (META.O) is creating a new top-level product group focused on generative artificial intelligence (AI), Chief Executive Mark Zuckerberg said on Monday, as the AI race among Big Tech firms heats up. "We're starting by pulling together a lot of the teams working on generative AI across the company into one group focused on building delightful experiences around this technology," Zuckerberg said in an Instagram post. Shares of Meta Platforms closed down 0.5% on Monday. Reporting by Eva Mathews in Bengaluru; Editing by Shinjini GanguliOur Standards: The Thomson Reuters Trust Principles.

Meta's LLaMA, short for Large Language Model Meta AI, will be available under non-commercial license to researchers and entities affiliated with government, civil society, and academia, it said in a blog. Large language models mine vast amounts of text in order to summarize information and generate content. "Generative AI is a new application of AI that Meta has less experience with, but is clearly important for the future of their business." It described its 65-billion-parameter LLaMA model as "competitive" with Google's Chinchilla70B and PaLM-540B, which are even larger than the model that Google used to show off its Bard chat-powered search. Meta in May last year released large language model OPT-175B, also aimed at researchers, which formed the basis of a new iteration of its chatbot BlenderBot.

☆ EA founder Trip Hawkins dives into Web3 with Barcelona-based startup
▼ + stars: | 2023-02-24 | by ( Eva Mathews | ) www.reuters.com time to read: +1 min

Feb 24 (Reuters) - Former Apple executive Trip Hawkins, who founded the company behind the best-selling sports videogame franchise "FIFA", is joining a Web3 startup, looking to take on top blockchain games like Axie Infinity. The founder of Electronic Arts (EA.O) will join as co-founder and security chief of Games for a Living (GFAL), Hawkins told Reuters in an interview. Interest for Web3 gaming has risen over the past year as it is touted to attract more cryptocurrency users. Hong Kong-based blockchain gaming developer Animoca Brands, which backs popular NFT game Axie Infinity, raised more than $500 million in 2022. "Web3 is the bridge to the metaverse," Hawkins said on Thursday.

☆ Alibaba beats quarterly revenue estimates as COVID curbs ease
▼ + stars: | 2023-02-23 | by ( ) www.reuters.com time to read: +1 min

Feb 23 (Reuters) - Alibaba Group Holding Ltd (9988.HK) reported better-than-expected quarterly revenue on Thursday, as the Chinese e-commerce giant benefited from the country easing COVID-19 curbs. The company has weathered a weak economy in China, which only last December lifted its zero-Covid policy after three years. Revenue rose 2% to 247.76 billion yuan ($35.92 billion) for the three months ended Dec. 31, compared with a Refinitiv consensus estimate of 245.18 billion yuan drawn from 23 analysts. Net income attributable to ordinary shareholders was 46.82 billion yuan, up from 27.69 billion yuan in the same quarter one year ago. ($1 = 6.8985 Chinese yuan renminbi)Reporting by Eva Mathews in Bengaluru and Josh Horwitz in Shanghai; Editing by Sriraj KalluvilaOur Standards: The Thomson Reuters Trust Principles.

☆ Factbox: Company reaction to the U.S. Inflation Reduction Act
▼ + stars: | 2023-02-23 | by ( ) www.reuters.com time to read: +3 min

REUTERS/Fabian Bimmer/File PhotoFeb 22 (Reuters) - Companies across North America and Europe have in recent months cheered the Biden Administration's $430 billion U.S. Inflation Reduction Act (IRA) that includes major provisions to cut carbon emission, boost domestic production and manufacturing. Holcim AG (HOLN.S)The world's biggest cement maker expects the IRA to provide a strong momentum for its business in North America. This month, it agreed to buy U.S. roofing systems manufacturer Duro-Last in a $1.29 billion deal, its latest move to bolster presence in North America. Linde (LIN.N),The gas giant has estimated the total investment opportunity for the company in the United States alone could exceed $30 billion over the next decade. BMW (BMWG.DE)The company plans to produce at least six fully electric models in its plant in South Carolina by 2030.

☆ Biggest security benefits, risks with new Meta, Twitter verified identity subscriptions
▼ + stars: | 2023-02-23 | by ( Cheryl Winokur Munk | ) www.cnbc.com time to read: +12 min

As Twitter and Meta Platforms move to paid subscriptions for social media identity verification and security, the battle to stay safe online continues. With social engineering and phishing the primary sources of social media account compromise, it's unlikely verified accounts will actually be more secure. "Twitter is only eliminating the SMS-based two-factor authentication capability, and does offer two additional methods for two-factor authentication that are stronger and more reliable than SMS-based authentication," Ramzan said. When signing on for a social media account, try to give away as little personal information as possible, Buzzard said. Aura recommends social media users disable third-party apps that are connected to their social media accounts.

☆ Netflix cuts prices in some countries to boost subscriptions
▼ + stars: | 2023-02-23 | by ( ) www.reuters.com time to read: +1 min

Feb 23 (Reuters) - Netflix Inc (NFLX.O) said on Thursday it had reduced the prices of its subscription plans in some countries, as the streaming giant looks to retain subscriber growth amid stiff competition from rivals. According to the Wall Street Journal, which reported the Netflix news first earlier in the day, the price cuts span across some Middle Eastern countries, sub-Saharan African markets and parts of Latin America and Asia. The cuts apply to certain tiers of Netflix in those markets and in some cases halving the cost of a subscription, the Journal reported. Netflix, which operates in over 190 countries, has been looking to grow share in newer international regions as the U.S. and Canada markets saturate. We can confirm that we are updating the pricing of our plans in certain countries," a spokesperson for the company said.

☆ Comcast takes advantage of AI rally to sell more BuzzFeed shares
▼ + stars: | 2023-02-22 | by ( ) www.reuters.com time to read: +1 min

It has so far sold more than 11 million BuzzFeed shares (BZFD.O) since Jan. 30, reducing its stake to 15.% from 24%. The sale fetched Comcast about $28 million, according to a Reuters calculation. It sold roughly four million shares for an average price of around $2.90 apiece at the end of January, and most recently dumped another 500,000 shares for an average of $2.05 a share, filings by Comcast (CMCSA.O) showed. NBCUniversal, Comcast's entertainment unit, had invested $200 million in BuzzFeed in 2015 and injected another $200 million in 2016, valuing the company at around $1.7 billion. Retail investor interest in AI-related shares have been rising since last month after OpenAI drew a multi-billion dollar investment from Microsoft Corp (MSFT.O).

☆ Meta preparing for fresh round of job cuts - Washington Post
▼ + stars: | 2023-02-22 | by ( ) www.reuters.com time to read: +1 min

Feb 22 (Reuters) - Facebook-parent Meta Platforms Inc (META.O) is planning a fresh round of job cuts in a reorganization and downsizing effort that could affect thousands of workers, the Washington Post reported on Wednesday. Last year, the social media giant said it will let go of 13% of its workforce, or more than 11,000 employees, as it grappled with soaring costs and a weak advertising market. Meta plans to push some leaders into lower-level roles without direct reports, flattening the layers of management between top boss Mark Zuckerberg and the company's interns, the Washington Post reported, citing a person familiar with the matter. Meta, once worth more than $1 trillion, is now valued at $446 billion. More than 100,000 layoffs were announced at U.S. companies in January, led by technology companies, according to a report from employment firm Challenger, Gray & Christmas Inc.

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☆ Three-Stock Lunch: Regeneron, General Mills and DocuSign
▼ + stars: | 2023-02-21 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThree-Stock Lunch: Regeneron, General Mills and DocuSignEva Ados, chief investment strategist at ERShares, joins ‘Power Lunch’ to discuss Regeneron, General Mills and DocuSign.

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Identity theft is often a crime of opportunity, so reducing risk goes a long way to protect against identity theft. How to reduce the risk of identity theftEva Velasquez, president of the Identity Theft Resource Center, says it's best to take multiple steps to secure your identity. Editor's Rating 4.6/5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star Editor's Rating 4.7/5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star Editor's Rating 4.8/5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star Learn more On Aura's website Learn more On IDShield's website Learn more On IdentityForce's website1. While this doesn't necessarily prevent identity theft, it does mitigate any potential damages as a result of identity theft. You can report identity theft over the phone; however, you will not receive an identity theft report.

☆ Paramount takes a knock from ad slump as streaming shines
▼ + stars: | 2023-02-16 | by ( ) www.reuters.com time to read: +2 min

Shares in the media company fell about 8% before the bell. TV advertising revenue fell 7% in the three months to December, despite a lift from political advertising on the back of U.S. mid-term elections in November. The company last month said it would integrate Showtime, known for popular shows, including "Billions," "Yellowjackets" and "Dexter", with Paramount+ across platforms later this year as it prioritizes streaming services. Operating losses in the company's direct-to-consumer unit, which houses its streaming services like Paramount+ and PlutoTV, rose to $575 million from $502 million. Investors have focused on the service as the company has outlined plans to spend aggressively on content to fend off competition.

☆ Instagram rolls out broadcast chat feature 'Channels'
▼ + stars: | 2023-02-16 | by ( ) www.reuters.com time to read: 1 min

Feb 16 (Reuters) - Instagram, the social media platform owned by Meta Platforms Inc (META.O), is rolling out a broadcast chat feature called Channels, the company's boss Mark Zuckerberg said on Thursday. "I'm starting a channel to share news and updates on all the products and tech we're building at Meta," Zuckerberg said in a Facebook post. "It will be the place I share Meta product news first." The company will also introduce the feature to Messenger and Facebook in the coming months. Reporting by Eva Mathews in Bengaluru; Editing by Shailesh Kuber and Maju SamuelOur Standards: The Thomson Reuters Trust Principles.

☆ Roblox dazzles Wall St with bookings beat on holiday boost
▼ + stars: | 2023-02-15 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Brendan McDermidFeb 15 (Reuters) - Roblox Corp (RBLX.N) on Wednesday reported better-than-expected bookings for the fourth quarter as users spent more money on the online gaming platform during the holiday season, sending its shares up about 16% in premarket trading. Average daily active users (DAUs) were 58.8 million at the end of December, up 19% year-over-year, but flat compared with the third quarter. For January, estimated bookings came in at $267 million to $271 million, up between 19% and 21% year-on-year. Roblox booked a loss of 48 cents per share in the fourth quarter, smaller than the 52 cents loss that Wall Street expected. Shares were trading at $41.37 before the bell on Wednesday, adding to the 25% climb marked so far this year.

☆ What Rom-Coms Teach Us About Love, Life and Meg Ryan’s Hair
▼ + stars: | 2023-02-14 | by ( Tala Safie | Alexis Soloski | ) www.nytimes.com time to read: +1 min

THE ENDThank you for playing,Photo credits: Sony Pictures (“Jerry Maguire”); Universal Pictures (“Love Actually,” “Marry Me,” “Notting Hill,” “Forgetting Sarah Marshall,” “Along Came Polly,” “Bridesmaids”); 20th Century Fox (“Say Anything,” “The Devil Wears Prada,” “There's Something About Mary”); Columbia Pictures (“50 First Dates,” “When Harry Met Sally,” “Hitch,” “The Holiday,” “The Wedding Planner,” “Cruel Intentions”); Miramax (“Bridget Jones’s Diary,” “Kate & Leopold,” “She’s All That”); MGM (“Licorice Pizza”); TriStar Pictures (“Sleepless in Seattle”); Warner Bros. (“You've Got Mail,” “Crazy, Stupid, Love”); Lionsgate (“Shotgun Wedding”); New Line Cinema (“Monster-in-Law”); Buena Vista Pictures (“Pretty Woman,” “10 Things I Hate About You,” “High Fidelity”); Disney (“The Princess Diaries”); Focus Features (“Deliver Us from Eva”); Paramount Pictures (“How to Lose a Guy in 10 Days”). A quiz by Tala Safie and Alexis Soloski. Produced by Sean Catangui, Amanda Webster, Alicia DeSantis and Lorne Manly.

☆ Rep. George Santos' press secretary said she fields endless angry calls, gets dirty looks on the Hill, but still thinks her boss is a 'borderline genius'
▼ + stars: | 2023-02-13 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +6 min

Insider interviewed Rep. George Santos' 24-year-old press secretary, Gabrielle Lipsky. The scandal-ridden lawmaker is facing calls to resign, but Lipsky still thinks he's a "borderline genius." Compared to Gabrielle Lipsky, the 24-year-old press secretary for embattled congressman George Santos, we probably have it easy. Being the press secretary for a member of Congress was always likely to involve long hours, challenging work, and lots of stress. Despite all this, Lipsky says that working for Santos, who she claims is a "borderline genius," is an invaluable learning experience.

☆ Belgium detains another EU lawmaker in graft investigation
▼ + stars: | 2023-02-10 | by ( ) www.reuters.com time to read: +2 min

BRUSSELS, Feb 10 (Reuters) - Belgian prosecutors investigating a corruption scandal that has hit the European Parliament carried out new searches on Friday and took in for questioning a lawmaker whose immunity from prosecution was waived last week. Federal prosecutors said in a statement that an EU member of parliament (MEP) it identified as "M.T. ", and whom a source close to the case said was Marc Tarabella, was detained early on Friday. The European Parliament last week waived the immunity of Tarabella and Italian Andrea Cozzolino, both of the centre-left Socialist and Democrats. Through their lawyers, both have denied wrongdoing and said they are ready to answer questions of Belgian authorities.

☆ Trump rape case: After 3 years, the former president finally agrees to submit DNA. Here's why it could be too late.
▼ + stars: | 2023-02-10 | by ( Ashley Collman | Laura Italiano | ) www.businessinsider.com time to read: +6 min

Trump is now willing to submit a DNA sample for his civil rape case in NY, new court papers say. Trump's sudden willingness to submit a DNA sample — something requested by his accuser for three years — was confirmed in court papers Friday. Carroll's lawyers said they planned to respond to Trump's DNA offer later Friday. A photo from the lab report that Donald Trump rape accuser E. Jean Carroll submitted in January, 2020 as part of her defamation lawsuit against the former president. Letting Trump's DNA into the case would be an 11th-hour roll of the dice for both sides.

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