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☆ Elon Musk's xAI is on a hiring spree for 'AI tutors'
▼ + stars: | 2024-10-16 | by ( Helen Li | ) www.businessinsider.com time to read: +4 min

Elon Musk's AI startup xAI is hiring AI Tutors for data annotation to train language algorithms. xAI partners closely with X, formerly known as Twitter, which sees user decline and ad pullbacks. AdvertisementElon Musk's new AI company is on a hiring spree for a new type of data annotator. Last week, xAI listed multiple job postings for "AI Tutors." Multiple AI Tutors started their jobs in August and September, according to a LinkedIn analysis by Business Insider.

Persons: Elon, —, Musk, it's, X, xAI, Jensen Huang, Colossus Organizations: Service, Business, SpaceX, Tesla, Disney, Apple, Nvidia, NPR, Forbes Locations: Memphis, Brazil, San Francisco

☆ CNBC Daily Open: Bullish sentiment and broadening rally – markets are in a good place
▼ + stars: | 2024-10-16 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

Spencer Platt | Getty Images News | Getty ImagesThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. What you need to know todayThe bottom lineDespite markets falling Tuesday, there's still plenty to like about their current state. Weighed down by ASML's 16% dive and a report by Bloomberg on potential AI-chip export controls, semiconductor stocks like Nvidia and AMD fell 4.7% and 5.2% respectively. Still, investors are the most bullish in four years, according to the October BofA Global Fund Manager Survey.

Persons: DJI, Spencer Platt, there's, They're, Michael Hartnett, Mary Daly, who's, Dow, Piper, Craig Johnson, –, Jeff Cox, Samantha Subin, Yun Li, Lisa Kailai Han, Alex Harring Organizations: AMD, New York Stock Exchange, Getty, CNBC, ASML's, Bloomberg, Nvidia, Semiconductor, Nasdaq, Dow Jones, Dow, Survey, U.S . Federal Reserve, San Francisco Fed, Federal Locations: U.S, Beijing

☆ I bought a $54,000 abandoned house in Japan and turned it into a luxury Airbnb—take a look inside
▼ + stars: | 2024-10-16 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: +6 min

Death rates have surpassed birth rates in Japan, contributing to abandoned properties. "Like to create something really, really good that you're very proud of — it just makes me very happy." The property still had belongings of its previous residents, a common occurrence among abandoned properties in Japan. Courtesy of Anton Wormann. Courtesy of Anton Wormann

Persons: Anton Wormann, Anton Wormann Anton Wormann, Wormann, —, Japan's, Tokyo akiya, Anton Wormann's akiya Organizations: CNBC, Tokyo, Wormann Locations: Japan, Sweden, Paris, London, Milan, New York, Tokyo

☆ Apple's Made-in-the-USA chips signal a turnaround for the US' big semiconductor bet
▼ + stars: | 2024-10-16 | by ( Jacob Zinkula | Alistair Barr | ) www.businessinsider.com time to read: +7 min

AdvertisementThe US's efforts to produce more semiconductor chips have encountered some challenges over the past few years, but the tide may be turning. In 2022, President Joe Biden signed the CHIPS Act into law, which included $39 billion in manufacturing incentives for chip production in the US. Last year, TSMC announced that the official opening of its first Arizona fab would be pushed back from 2024 to 2025. TSMC's production of Apple chips is good news for Americans hoping to land jobs in the industry, Patel said. He said he thinks TSMC's production of Apple chips would bode well for the future.

Persons: TSMC, Biden, It's, —, Tim Culpan, Culpan, Tim Cook, Dylan Patel, SemiAnalysis, Mark Muro, Apple, Harris, Joe Biden, Arizona hasn't, it's, Morris Chang, Patel, Muro, bode Organizations: Apple, Service, Brookings Institution, Biden, Management, Workers, Brookings Institute, Semiconductor Industry Association Locations: Arizona, Taiwan, Phoenix

☆ UK's ultra-rich non-doms urge Italian-style tax regime to prevent wealth exodus
▼ + stars: | 2024-10-16 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +6 min

Mike Kemp | In Pictures | Getty ImagesLONDON — Britain's ultra-rich non-doms are urging the government to introduce an Italian-style flat-tax regime to prevent a wealth exodus, as their preferential status comes under threat in the upcoming budget. That differs from Italy's regime, which charges a recently doubled rate of 200,000 euros per year regardless of wealth bracket. Non-doms move their moneyReeves had previously said that scrapping the program could generate £2.6 billion ($3.38 billion) for the Treasury over the course of the next government. We need to understand that we need people to be investing here, to create the jobs, wealth, prosperity that we want. Labour courts wealth creatorsThe Labour government has said it is determined to address unfairness in the tax system, pledging in its election manifesto to close non-dom tax loopholes.

Persons: Mike Kemp, Leslie MacLeod Miller, Rachel Reeves, Reeves, Alex Stewart, doms, Sadiq Khan, MacLeod Miller, Dominic Lawrance, Charles Russell Speechlys, Keir Starmer Organizations: Porsche, GTS, Chanel, Bond, Investors, Britain, Oxford Economics, Foreign Investors, CNBC, Labour Party, Treasury, FIFB, Oxford, Labour, Labour's, Investment Locations: London, United Kingdom, IHT, Italy, Switzerland, Dubai, Westbourne, Bayswater, Royal Oak

☆ GM to invest $625 million in joint venture to mine EV battery raw materials in U.S.
▼ + stars: | 2024-10-16 | by ( Michael Wayland | ) www.cnbc.com time to read: +1 min

General Motors Chair and CEO Mary Barra is shown on screen via livestream as she introduces her digitally delivered keynote address at CES 2022 at The Venetian Las Vegas on January 5, 2022 in Las Vegas, Nevada. DETROIT — General Motors has agreed to establish a joint venture with Lithium Americas Corp. that includes the automaker supplying $625 million in cash and credit to the Canadian mining business, the companies announced Wednesday. The deal is centered on the development, construction and operation of a lithium carbonate mining operation called Thacker Pass in Humboldt County, Nevada. Securing raw materials such as lithium from the U.S. is crucial to GM's plans to profitably grow its all-electric vehicle business to meet tightening federal requirements of the vehicles and the large batteries needed to power them. "Sourcing critical EV raw materials, like lithium, from suppliers in the U.S., is expected to help us manage battery cell costs, deliver value to our customers and investors, and create jobs."

Persons: Mary Barra, Motors, We're, Jeff Morrison Organizations: DETROIT —, Lithium Americas Corp, GM Locations: Vegas, Las Vegas , Nevada, DETROIT, Humboldt County , Nevada, U.S

☆ Giant tube worms found living beneath the ocean’s floor
▼ + stars: | 2024-10-16 | by ( Ashley Strickland | ) edition.cnn.com time to read: +8 min

CNN —Scientists have uncovered communities of animals such as tube worms and snails living in volcanic caves beneath the seafloor, revealing a previously unknown but thriving ecosystem. An eelpout swims by a tower of tube worms at the Tica Vent, a hydrothermal vent site on the East Pacific Rise. Tube worms are immobile creatures that settle and grow in one place without moving, like barnacles. A large cluster of stationary tube worms thrives at the Fava Flow Suburbs, a site on the East Pacific Rise. Researchers use a robotic arm to lift a small portion of volcanic rock to verify that life exists beneath the ocean floor.

Persons: “, ”, Dr, Sabine Gollner, Gollner, ” Gollner, Monika Bright, ” Bright, Alex Rogers, Rogers, It’s, ” Rogers, Mónika Naranjo, Shepherd Organizations: CNN —, Central America, Nature Communications, Royal Netherlands Institute for Sea Research, Ocean Institute, Schmidt Ocean, University of Vienna, Ocean Locations: Central, limnology, ”

☆ GM makes a $625 million lithium-battery move to shore up its EV supply chain
▼ + stars: | 2024-10-16 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +3 min

General Motors is investing $625 million in the electric vehicle supply chain. The funds will help Lithium Americas Corp develop and operate a major lithium mine in Nevada. Despite EV production cuts, GM aims to strengthen the domestic lithium supply chain. AdvertisementDetroit-based automaker General Motors is pumping money into the domestic supply chain for electric vehicle batteries. Related stories"Today's joint venture announcement is a win-win for GM and Lithium Americas," Evans continued.

Persons: —, Jonathan Evans, " Evans, Jeff Morrison, GM's Organizations: Motors, Americas Corp, Service, General Motors, EV, GM, US Department of Energy, DOE, Lithium, Rio Tinto, Street Journal Locations: Nevada, Detroit, Humboldt County , Nevada, Thacker, North America, Lithium Americas, Rio

☆ Alibaba's international arm says its new AI translation tool beats Google and ChatGPT
▼ + stars: | 2024-10-16 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +1 min

BEIJING — Chinese e-commerce giant Alibaba 's international arm on Wednesday launched an updated version of its artificial intelligence-powered translation tool that, it says, is better than products offered by Google, DeepL and ChatGPT. Alibaba's fast-growing international unit released the AI translation product as an update to one unveiled about a year ago, which it says already has 500,000 merchant users. Sellers based in one country can use the translation tool to create product pages in the language of the target market. Large language models power artificial intelligence applications such as OpenAI's ChatGPT, which can also translate text. Alibaba's translation tool is based on its own model called Qwen.

Persons: Marco MT, Sellers, Kaifu Zhang Organizations: Alibaba, Google, Flores, Alibaba International Digital Commerce Group, CNBC Locations: China, BEIJING

☆ Defector Media started with a bang. It's an uphill climb to keep growing — just like in most of digital media.
▼ + stars: | 2024-10-16 | by ( Peter Kafka | ) www.businessinsider.com time to read: +5 min

Defector, which relies on subscription revenue, was a hit out of the gate. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Defector's revenue is now up to $4.6 million a year, and it's still profitable. Defector thinks it can combat this with gift links that paying subscribers can pass along to their friends.

Persons: Deadspin, —, Tom Ley, Meredith DotDash, Jasper Wang, That's Organizations: Service, Media, Twitter, Google, Facebook

☆ My husband and I are full-time housesitters for people around the world. We don't have a permanent home and have no housing costs.
▼ + stars: | 2024-10-16 | by ( Amy Hornsby | ) www.businessinsider.com time to read: +5 min

Since our housing costs are basically zero, we love this lifestyle and have no plans to stop. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementHousesitting also lets us travel while working remotely, allowing us to find a home on the road and save money on housing. I got an in-office job, rented a house, and started looking at visa options for my husband to stay. Many people don't understand how we live and were perplexed when we gave up a more stable choice for life on the road.

Persons: —, I've, Housesitting, It's, We've, COVID Organizations: Service, Facebook, Sheffield Locations: South Korea, Poland, England, France, Swiss

☆ Robots and AI-powered assistive tech are poised to transform accessibility and mobility
▼ + stars: | 2024-10-16 | by ( Jake Hall | ) www.businessinsider.com time to read: +8 min

She credited assistive technologies more broadly with saving her from "desperation and extremely dark thoughts." The Atalante X is made by Wandercraft, a company founded by a group of engineers in 2012 that develops mobility technologies. Kevin Piette, a Paralympic tennis player, carried the Olympic torch in the Atalante X, Wandercraft's robotic exoskeleton. Advancing rehabilitationDr. Laurent Metz, Wandercraft's global chief medical officer, described the Atalante X as a "walking robot full of sensors." Other assistive technologies are redefining accessibility and mobility.

Persons: there's, —, Esther Klang, Klang, Wandercraft, Kevin Piette, Laurent Metz, Metz, ReWalk, Elaine Schaertl, Short, Tatum, Dani Clode, neuroscientists, Clode, It's Organizations: Service, Robotics, Tufts University, Tatum Robotics, National Disability Institute Locations: Wandercraft's, Europe, Brazil

☆ The next time an astronaut steps foot on the moon, it could be in a Prada spacesuit. See the design.
▼ + stars: | 2024-10-16 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +5 min

Axiom Space unveiled a Prada-designed spacesuit on Wednesday at the International Astronautical Congress in Milan, where Prada is headquartered. The Prada spacesuit is designed to withstand extreme temperatures. Russell Ralston, executive vice president of extravehicular activity at Axiom Space, told Business Insider that the "critical design review" stage will begin in 2025. Advertisement"Once the AxEMU spacesuit is through NASA's CDR and qualification testing, the spacesuit will be ready for the Artemis III mission," he said in a statement. Artemis III will follow NASA's Artemis II, which is scheduled to launch no earlier than September 2025.

Persons: Artemis, —, Michael Suffredini, Matt Ondler, it's, Russell Ralston, Prada, Artemis III Organizations: Prada, Service, International Astronautical, NASA, Extravehicular, Mercury, Space, Business Locations: Milan, Houston

“I noticed that my family had already created a very welcoming environment for the Latino community, the Mexican community, the immigrant community,” said Café Ollín co-owner Jonathan Perez, whose parents opened the restaurant. NBC NewsThe restaurant has hosted queer singles’ nights, LGBTQ+ paint and sips and drag shows, providing a safe community space for all who enter. “I think it was still very much taboo and especially, in the Hispanic community, the Mexican community,” he said. Mole chicken served with rice, beans and tortillas at the Ollín restaurant. Perez said it’s all about having your family of chance, and your family of choice.

Persons: “, ”, Café Ollín, Jonathan Perez, ” Perez, He’s, Perez, it’s, It’s, Perez’s, Juan, Jonathan Perez Café Ollín, Trevor, Ollín, Leticia Organizations: NBC, East Harlem New Locations: New York, East Harlem, Ollín, East, East Harlem New York, New York City, Mexico, Israel

☆ Easy potluck recipes that are sure to please a crowd
▼ + stars: | 2024-10-15 | by ( Taylor Murray For Food Network | ) edition.cnn.com time to read: +3 min

No one ever said it was a competition but let’s face it, there’s a clear winner at every potluck. We rounded up some of our favorite dishes that are perfect for the potluck, from amazing appetizers to decadent desserts. These recipes are all guaranteed party food favorites, travel well, and make a big portion (or can be easily scaled up). Food NetworkGet the RecipeButternut Squash-Stuffed ShellsA cheesy tray of stuffed shells gets an autumnal makeover in this fall-forward side dish. Armando Rafael / Food NetworkGet the Recipe

Persons: Tara Donne, Matt Armendariz, Teri Lyn Fisher, it’s, Marshall Troy, Armando Rafael Organizations: Food

☆ Maine shooting survivors claim Army negligence and FDA's weight-loss drug decision: Morning Rundown
▼ + stars: | 2024-10-15 | by ( Elizabeth Robinson | Elizabeth Robinson Is A Newsletter Editor For Nbc News | Based In Los Angeles. | ) www.nbcnews.com time to read: +8 min

Supporters of then-President Donald Trump bang on glass where election absentee ballots are counted at Detroit's TCF Center on Nov. 4, 2020. Jeff Kowalsky / AFP via Getty Images fileNearly four years later, the mayhem at the TCF Center is burned into the minds of many election officials, lawyers and poll watchers. An NBC News investigation can now report the extent of the Republican Party and Trump campaign’s involvement in the TCF Center ordeal in 2020. ➡️ Former President Bill Clinton said the election will come down to whether there is a fair and transparent vote tally. ➡️ House Speaker Mike Johnson predicts the election will reflect “a demographic shift” showing larger blocs of voters helping elect Republicans.

Persons: Donald Trump, Trump, “, Jeff Kowalsky, ➡️ Harris, ”, Harris, ➡️, Bill Clinton, Mike Johnson, Robert Card, Card’s, Lilly’s, Mounjaro, wouldn’t, Eli Lilly, Bao Li, Qing Bao —, Jimmy Chin, — Elizabeth Robinson, Elizabeth Robinson Organizations: FDA, Trump, Democrat, TCF Convention, Detroit's TCF Center, Getty, TCF Center, NBC, Republican Party, RNC, Democratic, of Defense, Army, Keller Army Community Hospital, Secret Service, Zoo, Canada, Indiana, ”, Geographic, Ikea Locations: Detroit, AFP, Michigan, Erie , Pennsylvania, Maine, U.S, Lewiston , Maine, West Point , New York, North Carolina, China, Irvine, Everest

☆ This robot amputates its own limbs to survive
▼ + stars: | 2024-10-15 | by ( Amy Gunia | ) edition.cnn.com time to read: +4 min

Yale’s gecko-inspired robot’s ability to reconfigure itself creates a soft robot that’s even more adaptable. Tan, who works on materials for soft electronics and soft robotics, says that Yale’s robot is the first self-amputating, self-reconfigurable soft robot she’s seen. “What if a soft robot is just minding its own business walking in the wild, but then some part of it is trapped under a rock?” he questioned. “How does the rest of the robot continue on to finish its mission?”Three soft robot modules join to cross a gap that’s too wide for one to bridge on its own. “We can now adapt soft robots … after the robot is underway for its tasks,” he said.

Persons: Bilige Yang, ”, Yu Jun Tan, Tan, Yang, Yale University Yang Organizations: CNN, Yale University, Yale, Department of Mechanical Engineering, Materials Science, Materials, National University of Singapore, NUS Locations: Connecticut

☆ Elon Musk faces doubts about whether he can still deliver. Starship stuck the landing.
▼ + stars: | 2024-10-15 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +6 min

SpaceX made history as it returned its Super Heavy booster to its launch site in Texas. For Elon Musk, it was a chance to prove the doubters wrong — and he did. SpaceX Starship. Related storiesAnd Musk earned online applause from legions of Starship fans, including Google CEO Sundar Pichai. Wall Street analysts attributed the decline partly to skepticism over Tesla's ability to deliver fully autonomous driving.

Persons: Elon Musk, —, SpaceX's, Musk, SERGIO FLORES, Dan Huot, Sundar Pichai, Tesla, Gretchen Newsom, Lex Fridman, Artemis, Peter Thiel Organizations: SpaceX, Super, Service, AFP, Getty, National Press Club, Google, Twitter, eventual, Wall Street, Warner Bros Studios, California Coastal Commission, Federal Emergency Management, Elon Locations: Texas, California

☆ BlackRock, Fidelity snap up Hyundai India shares in record $3.3 billion IPO
▼ + stars: | 2024-10-15 | by ( ) www.cnbc.com time to read: +2 min

Amit Dave | ReutersHyundai Motor India sold shares worth $989.4 million to institutional investors including BlackRock and Fidelity on Monday, as the carmaker launched a $3.3 billion IPO that will be the country's largest share offering yet. The Government of Singapore and BlackRock together picked up stakes worth a total of $77.3 million, while Fidelity bought shares worth $76.5 million. The year-to-date volume has already surpassed the $7.42 billion total raised last year. watch nowAt that size, Hyundai India will make up about 40% of its parent company Hyundai Motor's market capitalization. Hyundai India's IPO is set to eclipse the country's previous record of Life Insurance Corporation of India's 2022 deal when it raised $2.5 billion.

Persons: Amit Dave Organizations: Hyundai Motor India, Reuters Hyundai Motor India, BlackRock, Fidelity, Singapore, Hyundai, Retail, Life Insurance Corporation, India's, IDBI, Hyundai India Locations: Ahmedabad, India, Hyundai India, Mumbai

☆ Two pioneering Black CEOs have a warning for companies abandoning diversity
▼ + stars: | 2024-10-15 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +7 min

But opponents ignore both the history of so-called meritocracy, and the fact that DEI programs benefit business, Frazier and Chenault argue. But they said opponents have weaponized select examples of diversity programs that are not practiced widely to oppose DEI entirely. Brandon Bell/Getty ImagesMeanwhile, conservative legal groups are now filing lawsuits targeting companies’ diversity initiatives, and Republican leaders like Florida Gov. Frazier and Chenault said there was a split between companies that rushed to create diversity programs in the wake of George Floyd’s murder in 2020 and companies that have embedded these programs into their business. “For those companies that had integrated DEI into the way they do business, fundamentally, it’s marbled into the meat, so to speak.

Persons: Ken Frazier, Ken Chenault, Ken Chenault’s, John Deere, Davidson, Bud Light’s, Frazier, ” Frazier, America’s “, Elon, Chenault, Roy Vagelos —, — Frazier, Vagelos, weren’t, Merck, —, ” Chenault, don’t, George Floyd, Brandon Bell, Ron DeSantis, Arkansas Sen, Tom Cotton, Bud Light, Robby Starbuck, Starbuck, George Floyd’s, They’re, ” Organizations: New, New York CNN, America, Merck, Black, American Express, Fortune, CNN, Corporate America, Tractor Supply, Boston Consulting Group, DEI, Revelio Labs, White, ” Companies, McKinsey, Republican, Florida Gov, Disney, Nike, Harley Locations: New York, Philadelphia, America, Arkansas

☆ Election prediction markets are in a sprint to prove themselves as forecasting and investing tools
▼ + stars: | 2024-10-15 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +7 min

"Things were going okay before the election contracts, but since we put them on the platform there's been a lot more interest," Sanders said. The election contracts on each site are binary, and they pay out $1 if the correct outcome is chosen and $0 for the incorrect outcome. A fifth arena, Polymarket, is a blockchain-based prediction platform that is not open to U.S. customers. If they prove to be accurate over time, the prediction markets may also serve non-traders such as consultants and fundraisers who want to glean more insight into the election. Concerns More ominously, critics of the election markets have raised alarm that they could be moved by one or two big traders for possibly nefarious purposes.

Persons: politicos, Kalshi, Steven Sanders, Sanders, John Phillips, Phillips, Tarek Mansour, Bob Elliott, Ray, Elliott, Polymarket, Nikki Haley, Michelle Obama, Matt Thompson, Thompson, Koleman Strumpf, Cantrell Dumas, Dumas, PredictIt's Phillips, Strumpf, Mansour, We've Organizations: Wall, Interactive, Futures Trading Commission, CFTC, Kalshi, Funds, Bridgewater Associates, South Carolina Gov, Republican, Little Harbor Advisors, Wake Forest University, Better, CNBC, Wake Locations: Iowa, Winston, Salem, N.C, Susquehanna

☆ Taboola is looking to compete with Google and Facebook for small-business clients using a new generative AI tool for ad campaigns
▼ + stars: | 2024-10-15 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +4 min

The tool was built using OpenAI's GPT-4o and data input from years of Taboola ad campaigns. They've maxed out Google and Facebook, not because their threshold for margin is tapped, but the way most spend on Google and Facebook, they will spend, and spend, and spend, and they stop because it gets expensive," Singolda said in an interview. Singolda said Abby was designed to help Taboola bring on more advertisers and tackle the onboarding process. And Taboola itself already offers an AI tool called Maximize Conversions that automates its clients' ad bidding strategies. Advertisement"I don't see generative AI tools as likely to drive near-term adoption of new ad platforms among SMBs," Lipsman said.

Persons: Abby, Taboola, —, Adam Singolda, Singolda, Publicis, Andrew Lipsman, Lipsman Organizations: Service, BBC, CBS, Yahoo, Apple News, Business, Google, Facebook, Big Tech, Omnicom, WPP

☆ Jim Harbaugh: LA Chargers head coach to wear heart monitor for two weeks after leaving Sunday’s game with ‘atrial flutter’
▼ + stars: | 2024-10-15 | by ( Ben Morse | ) edition.cnn.com time to read: +2 min

The 60-year-old did return to the game by the end of the quarter and coached the rest of the game on the sidelines. Afterwards, Harbaugh said he left the game with an arrhythmia, also known as an irregular heartbeat. “I’ll always remember the one in 2012, it was during the Monday night game,” Harbaugh told reporters on Sunday. Harbaugh also recalled telling Chargers quarterback Justin Herbert ahead of Sunday’s game that he felt unusually pumped up. “I don’t know if I’m really fired up for the game or this is my arrhythmia kicking back in,” Harbaugh recalled telling Herbert.

Persons: Jim Harbaugh, ” Harbaugh, Harbaugh, “ I’ll, San Francisco QB, Colin Kaepernick, Colin, “, didn’t, Justin Herbert, I’m, Herbert Organizations: CNN, Los Angeles Chargers, Chargers, Denver Broncos, San Francisco, 49ers, Chicago Bears, Mayo Clinic, cardiologists, Arizona Cardinals, New Orleans Saints

☆ Delivery Hero vs. Just Eat? One has 60% upside in a 'winner-takes-all' market, says Stifel
▼ + stars: | 2024-10-15 | by ( Ganesh Rao | ) www.cnbc.com time to read: +4 min

Berlin-based Delivery Hero and Dutch multinational Just Eat Takeaway are two companies at the center of the ruthless online food delivery sector. Over the past decade, Delivery Hero has accumulated net losses of 9.6 billion euros ($10.47 billion) , while Just Eat Takeaway has racked up 7.1 billion euros in losses. Delivery Hero wins? The investment bank is particularly bullish on Delivery Hero, initiating coverage with a "Buy" rating and a price target of 60 euros, implying a potential upside of 60%. Meanwhile, Just Eat Takeaway (TKWY) has a "Hold" rating from Stifel, with a 17% upside potential on the current share price.

Persons: Stifel, Benjamin Kohnke, Uber, Stifel's Kohnke, Kohnke, — CNBC's Michael Bloom Organizations: Investment, Dubai Financial, Deutsche Bank, RBC Locations: Berlin, U.S, Europe, Dubai, Northern Europe

☆ I started my higher education at a community college and now have a six-figure job at a tech company. You don't need to have it all figured out in the beginning.
▼ + stars: | 2024-10-15 | by ( Kaila Yu | ) www.businessinsider.com time to read: +7 min

AdvertisementThis as-told-to essay is based on a conversation with Jen Lew, a 44-year-old business operations director based in San Francisco, about her career journey. I didn't know what to major in, so I figured I'd start with a more cost-effective community college and transfer to a state college in two years. Now, I'm a business operations director at LinkedIn without an MBA or Ivy League education. I didn't know what I wanted to do and was willing to take any job. After about two years in product management, LinkedIn contacted me directly about their global ad operations job.

Persons: Jen Lew, Lew's, —, It's, Ziff Davis, I'm, Manseen Logan Organizations: Safeway, Service, San Mateo City College, San Francisco State University, Ivy League, Metareward, Yahoo, LinkedIn Locations: San Francisco, Metareward, New York, mlogan

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