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The future looked bright despite the rain on Tuesday evening at the Museum of Modern Art, where guests — including Elon Musk and Seth Meyers — gathered for a screening of a new PBS documentary series, “A Brief History of the Future.”Mr. Musk, flanked by security, came with a preschooler in tow, his 3-year-old son, X Æ A-12, who is better known simply as X. (Same as Mr. Musk’s social media platform.) X’s mother, the musician Grimes, is featured in the documentary series, which follows innovators who are trying to tackle some the world’s most pressing problems, like climate change and pollution. The documentary, as the title might suggest, centers on futurism. Its adherents approach these obstacles and challenges with a distinct sense of optimism.
Persons: Elon Musk, Seth Meyers —, Mr, Grimes Organizations: Museum of Modern Art, Elon, PBS
They are flying cars, they're flying cars,Tom Chitty: These vehicles aren't necessarily actually cars with wheels, either, because I know that you've done you've got a program coming up soon about eVTOL. And the idea is there's going to be a fleet of these run by an operator. You've alluded to this feature program we've got coming out looking at the future of these, these flying cars, basically in these eVTOLs. And also, we can't finish this episode about flying cars and eVTOLs without talking about Chitty Chitty Bang Bang, the OG. Yeah, no, that's, that's very surprising.
Persons: Tom Chitty, Arjun Kharpal, who's, I've, we've, We've, I'm, they'd, I'd, there's, Arjun, that's, we're, you've, there'll, they're, You've, Kharpal, it's, you'll, They've, Morgan Stanley, someone's, What's, they've, They're, Big Ben, Chitty Chitty Bang Bang, Chitty Bang Bang, Tom, We'll Organizations: JPMorgan, CNBC, Mar, Airbus, Archer Aviation, Joby, Infrastructure, Boeing, Heathrow Airport, Civil Aviation Administration, U.S . Federal Aviation Administration, FAA, Autonomy, London, Transport Locations: Spain, China, Europe, Munich, Germany, beyondthevalley@cnbc.com, London, Chinese, Guangzhou, Birmingham, U.S, Manchester, it's, eVTOLs, Battersea, Heathrow
eVTOLS: How flying cars are becoming reality
  + stars: | 2024-03-28 | by ( Arjun Kharpal | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmaileVTOLS: How flying cars are becoming realityMost innovators and investors tend to reject the term flying car. Instead, the acronym eVTOL, which stands for electric vertical take-off and landing, has taken off.
Some critics of the suit believe it could make the iPhone worse, leading to security concerns and a less seamless experience. But is that something that iPhone users really want? The DOJ filed an antitrust lawsuit against Apple on Thursday. AdvertisementFor its part, Apple has argued that the DOJ's lawsuit could pose any number of issues for iPhone users — from security and privacy concerns to a degradation in user experience. A less seamless user experienceThe DOJ's lawsuit could also have a detrimental impact on Apple's signature user experience, according to some experts.
Persons: , Apple, Jeff Chiu, Tim Cook, Cook, Benedict Evans, Evans, Jennifer Huddleston, Koch, Huddleston, Adam Kovacevich, Dave Lee, Lee, Forrester, Dipanjan Chatterjee, Apple's, Chatterjee, Fortune Organizations: DOJ, Apple, Service, US Department of Justice, AP, Union's, Venture, Cato Institute, Apple Watch, of, Big Tech, Bloomberg
Shop at Amazon Shop at DreoTyphur Sous Vide Station If you’ve been wanting to venture into the benefits of cooking with Sous Vide, Typhur’s Sous Vide Station incorporates all functions of sous vide cooking into one unit, with a built-in tank, scheduling functions, and step-by-step cooking instructions on a large LCD display. Shop at Amazon Shop at TramontinaAdvertisementSustainability and alternative materialsEco-friendly materials are at the forefront of home and kitchen design. Shop at Amazon Shop at UmbraFull Circle Grate Expectations Stainless Steel Coarse Grater with Food Catcher Full Circle should be on your radar for eco-friendly cleaning tools and hydration solutions. From earth tones and pastels to vibrant collections, you can coordinate your kitchen in monochrome hues, prints, and textures. Shop at Amazon Shop at Walmart Shop at TargetLuma Nugget Countertop Ice Maker We've been searching for a more affordable nugget ice maker, and this small appliance from Luma might be the one.
Persons: It's, Dreo ChefMaker Combi Fryer, you’ve, Zyliss, Joe Derochowski, Dyson, Brabantia Organizations: Business, Shop, kraft, Cork, Walmart, Everest
Why EVs are causing a tire boom
  + stars: | 2024-03-19 | by ( Robert Ferris | In | ) www.cnbc.com   time to read: +1 min
With their heavy weight and quick acceleration, EVs tend to burn through tires about 20% faster than internal combustion vehicles do, according to AlixPartners. Other technical challenges include dampening tire noise, which is a lot more noticeable in the cabin of an otherwise silent EV, and improving an EV's range. Michelin research shows tire selection can impact an EV's range by 10% to 15%. Currently only about half of buyers do, according to Northcoast Research estimates. "If EV does kind of evolve and proliferate through the car population like some think, it may bring about what I call the gold rush for tire manufacturers," said John Healy, an analyst with Northcoast Research.
Persons: John Healy Organizations: Michelin, Northcoast Research
The Ginsburg award “celebrates leaders who have demonstrated extraordinary accomplishments in their chosen fields,” according to the foundation. The award “has previously recognized women of distinction” but was expanded this year to include men and women. In addition to Musk and Murdoch, lifestyle icon Martha Stewart, actor Sylvester Stallone and financier Michael Milken are also 2024 recipients of the award. The Opperman Foundation did not respond to an inquiry Friday from CNN. CNN also reached out Sunday night for comment on Jim Ginsburg’s interview.
Persons: Ruth Bader Ginsburg, Elon Musk, Rupert Murdoch, , ” Jim Ginsburg, Paula Reid, Ginsburg, , Murdoch, Martha Stewart, Sylvester Stallone, Michael Milken, Barbra Streisand, Jim Ginsburg, Reid, Jim Ginsburg’s, Stewart, Ruth Bader Ginsburg’s “, CNN’s Tierney Sneed Organizations: CNN, SpaceX, Opperman Foundation, Opperman, Foundation,
CNN —The family of the late liberal Justice Ruth Bader Ginsburg wants her name pulled off an award after the foundation in charge of doling it out named SpaceX CEO Elon Musk and conservative media mogul Rupert Murdoch among this year’s recipients. In addition to Musk and Murdoch, lifestyle icon Martha Stewart, actor Sylvester Stallone and financier Michael Milken are also recipients of the award. The Ginsburg award “celebrates leaders who have demonstrated extraordinary accomplishments in their chosen fields,” according to an announcement by the foundation on Wednesday. “Justice Ginsburg fought not only for women but for everyone,” said Julie Opperman, chair of the foundation, in a statement accompanying the announcement this week. Barbra Streisand receives The Justice Ruth Bader Ginsburg Woman of Leadership Award on July 1, 2023 in Malibu, California.
Persons: Ruth Bader Ginsburg, Elon Musk, Rupert Murdoch, Ginsburg’s, Ginsburg, , Trevor Morrison, Murdoch, Martha Stewart, Sylvester Stallone, Michael Milken, , Barbra Streisand, “ Justice Ginsburg, Julie Opperman, Stewart, ” Murdoch, Kevin Mazur, Dwight D, Morrison, CNN’s Devan Cole Organizations: CNN, SpaceX, Opperman, , New York University School of Law Locations: Malibu , California
FoundersCard is an exclusive membership for startup founders, CEOs, entrepreneurs, and innovators. FoundersCard members can gain access to private, exclusive networking events. Benefits of FoundersCard MembershipFoundersCard offers a wide range of benefits that can be loosely broken into three categories: savings and discounts, VIP treatment and perks, and exclusive events. British Airways offers FoundersCard members up to 10% off most round-trip fares between the US or Canada and the UK. FoundersCard is a private membership club offering access to exclusive benefits and networking opportunities for entrepreneurs and business professionals.
Persons: , — there's, FoundersCard, Eric Kuhn, it's, MOO, General Assembly —, isn't Organizations: Service, Cathay Pacific, British Airways, . Alaska Airlines, Continental, JetBlue, Mint, American Airlines, Qantas, Australian, Emirates, Singapore Airlines, UPS, Apple, General Assembly, Business, Chevron Locations: Austin, Canada, Continental US, Hawaii, Australia, New Zealand, East, Asia, Africa, LegalZoom, Chevron
After falling out with Kassan, UTA may think twice about buying another agency. The media and ad industry will be watching to see what, if any, leadership changes UTA makes at MediaLink. The end of the ad industry schmoozefest? One industry veteran said they saw Kassan's exit as an opportunity to change how ad industry consultants operate and charge for services. At the center of the dispute between UTA and Kassan is the MediaLink founder's $950,000 annual expense account.
Persons: Michael Kassan, MediaLink, Kassan, Jeremy Zimmer, Kassan wasn't, Vianney Tisseau, headhunting, Jon Miller, Sanford Michelman, Michelman, Robinson, Ethan Miller, Julian Jacobs, David Anderson, WME, Kassan's, Wenda Harris Millard, wasn't, what's, There's, Lou Paskalis, Marc Sternberg's, Lady Gaga, Elton John, Mariah Carey, Tom Brady, Rob Norman, WPP's Organizations: UTA, Cannes Lions, Consumer, Business, Los Angeles Superior Court, Los, Judicial, Mediation Services, Variety Cannes Lions Studio, Integrated Media, Getty, Talent, Accenture, General Motors, Netflix, JUV Consulting, Madison, Endeavor, Writers Guild of America, Zimmer, Western Initiative Media Worldwide, Interpublic Group, Bank of America, AJL, Marc Sternberg's Brand, Kassan, Southwest, NFL Locations: MediaLink, Cannes, France, Madison, Droga5, Hollywood, Kassan, California, South, Austin
South by Southwest acknowledged artists who boycotted the festival due to US Army sponsorship. Despite the controversy, SXSW is maintaining its military sponsorship. Greg Abbott on Tuesday, after he demanded artists who pulled out of the festival due to US Army involvement not visit or return to Texas. The Army is hosting a range of panels at the festival from "Transforming for the Future: Innovation, Tech, and the Army" to "Unleash Your Beast: Army Functional Fitness." Mong Tong at the SXSW Music Opening Party Music Festival Showcase as part of SXSW 2024 Conference and Festivals held at the Palm Door on Sixth on March 12, 2024 in Austin, Texas.
Persons: Greg Abbott's, , Greg Abbott, Governor Abbott, Abbott, Mong Tong, Diego Donamaria, Rachel Chinouriri, Chinouriri, Eliza McLamb, Ellen Lovett Organizations: US Army, Gov, SXSW, Service, Southwest, Army, Israel, U.S, Collins Aerospace, BAE Systems, RTX Corporation, Raytheon, Texas Tribune, Innovation, Tech, Getty, Star Locations: Southwest, Texas, Austin, Antonio, Austin , Texas
A job listing indicates that a new Montessori Ad Astra school will open this summer. Musk cofounded Ad Astra in 2014. AdvertisementA job listing indicates that Elon Musk is planning to launch a new Ad Astra school in Texas. Musk cofounded Ad Astra in 2014 with Josh Dahn. Ad Astra appears to be partnering with Xplor Education, a firm that provides software for childcare operators, to form the new Montessori school.
Persons: Musk, , Elon Musk, Josh Dahn, Dahn, it's, execs, didn't Organizations: Ad Astra, Astra, Service, Business, Xplor Education, Montessori, The New York Times, Maria Montessori Institute, The Boring, SpaceX, Times, Bel Air Locations: Texas, Boca Chica , Texas, Bastrop , Texas, Austin
There's a disconnect between the level of AI training that leadership teams believe they're giving their employees and the level of training that managers and employees think they're getting, research shows. Nearly three-quarters (73%) of C-suite executives believe their company fully embraces generative AI, including training for the technology, according to a 2023 Upwork survey. "Executives sometimes have a broad-brush approach to AI training," said Apratim Purakayastha, chief technology officer at Skillsoft. Plus, they were 1.9 times more likely to have a formal generative AI skills program in place for their workforce, as well as 3.8 times more likely to have a well-defined generative AI strategy. Generative AI, Monahan notes, can usher in a new era of productivity — if we let it.
Persons: Kelly Monahan, it's, Apratim Purakayastha, Monahan, Purakayastha, Job redesigns, Robert Solow, redesigns, that's, they're, Organizations: Upwork's Research, IBM, Pew Research Locations: upskilling, American, Davos, Switzerland
Overlaid on that picture is the company name, Grier Shoe Shop, and its address — which is part of an area known as Black Wall Street. With these ventures, she's part of a growing class of Black entrepreneurs tapping into Tulsa's history for inspiration and resources for support. He also won a grant from a Black Wall Street organization. The Black Wall Street Mural in the Greenwood district of Tulsa, Oklahoma, on Friday, June 19, 2020. Greenwood, known as Black Wall Street, was one of the most prosperous African-American enclaves in the U.S. before it was burned down by a white mob in 1921.
Persons: Venita Cooper, Parnia Mazhar, Grier, Silhouette, They've, Cooper, Dominick Ard'is, George Floyd, Ashli Sims, she's, Sims, North Martin Luther King, Edna Martinson, It's, Martinson, LaTanya White, he's, Adesanya, Grant Warner, James Lowry, Lowry, who's, Greenwood, Christopher Creese Organizations: Silhouette, NBC News, Tulsa, Build, Art, NBC, North Martin Luther King Jr, Ku Klux, House, Art Basel, Southwest, Black, Stanford, National Bureau of Economic Research, Creative, CNBC, Harvard Business School, Center for Black Entrepreneurship, Black Economic Alliance Foundation, Boston Consulting, Bloomberg, Getty Locations: Greenwood, Tulsa , Oklahoma, TULSA, Tulsa, North, Miami, South, Austin, U.S, PalmPlug, Seattle, America
But how will patent protections apply to inventions made with the help of AI tools, particularly generative AI? In connection with training an AI system, what level of planning will be required? “A natural person who only presents a problem to an AI system may not be a proper inventor” of something, the USPTO said. In that case, the USPTO had rejected the patent applications of an inventor who had given his AI system sole credit for the inventions. The inventorship guidelines will help everyone understand the boundaries of patent protections as AI is increasingly used in the inventive process.
Persons: , Jamie Nafziger, Dorsey, Whitney, Thaler, Vidal, Ryan McCarthy, Hall, It’s, Estill, John Bergmayer Organizations: CNN, Office, Biden, White, USPTO
Mark Kashef had long considered finance the most stable, lucrative field you could work in — until the release of ChatGPT. Kashef adds that, in the long term, he wouldn't be surprised if AI surpassed finance in terms of job opportunities and earning potential. AI brings new fears and opportunities for workersEconomists and HR experts say the future of the AI job market is bright — but its success isn't guaranteed. "If you look at the descriptions for AI job postings, many of the roles are still very exploratory, alluding to building or testing new products," Pollak says. Several industries outside of tech have demonstrated a clear, consistent interest in hiring for AI jobs, including retail, finance, health care and education, Pollak notes.
Persons: Mark Kashef, ChatGPT, Kashef, it's, wouldn't, , Julia Pollak, Pollak, Trey Causey, Causey, Ryan Sutton, Robert Half Organizations: Ottawa, Queen's University, Companies, Meta, Netflix, Amazon, Business Locations: , Kingston , Ontario, ODAIA, Toronto
London CNN —A South African entrepreneur who designed a smart locker system that improves access to healthcare has won a major award for African engineering. In June, the usual iteration of the Africa Prize will also go ahead, during which four finalists will battle it out for a £25,000 ($31,600) prize. “There isn’t enough funding available for African startups,” she tells CNN. “We don’t want all the funding to come in the form of grants, as we see in the Africa Prize. We want investors to start to believe that they can also make money by investing in African startups.
Persons: Pelebox, King Charles III’s, Anne, James Oatway, Royal Academy of Engineering Hutiri, , , Aisha Raheem, Farmz2U, Samuel Njuguna, Rebecca Enonchong, It’s, That’s, Organizations: London CNN, UK’s Royal Academy of Engineering, Africa, Engineering Innovation, Academy, SMS, Royal Academy of Engineering, , CNN, Chura, The Academy Locations: African, London, South Africa, Namibia, Botswana, Africa, Nigerian, Kenya, Nigeria, Egypt
Among the most broadly played investment "factors" — including value, momentum, low volatility, dividend yield — quality has dominated the market, the representative iShares MSCI USA Quality ETF (QUAL) up 25% in the past year, compared to 13% for S & P 500 value and less than 5% for the equal-weighted S & P 500. Even within industry sectors, the stocks with higher quality scores have sped ahead ( Costco in retail, WW Grainger in industrials, etc.). The quality label is based on strong balance sheets, high and steady profit margins, consistency of earnings growth and the like. Sure, there are multi-year secular growth stories animating the AI innovators and weight-loss-drug developers, but most quality stocks stand out for steadiness. Any give-back of the leading quality growth names wouldn't be easily absorbed by the broader market.
Persons: iShares, WW Grainger, Berkshire Hathaway, Goldman Sachs, FactSet, Michael Gates, Ed Yardeni, it's, Jerome Powell Organizations: Costco, Nasdaq, Nvidia, Microsoft, Apple, Visa, Mastercard, Nike, Bank of America, Citi, Invest, BlackRock's, Yardeni Research Locations: industrials, Berkshire
Applying for a business credit card using an EIN keeps your personal and business finances separate. Advantages of using an EIN for business cardsUsing an EIN for business credit cards offers several advantages for business owners. SVB Innovators Card: The SVB Innovators Card earns 2x points on all business spending, making it a rewarding choice for business owners who want a business credit card using only an EIN. The SVB Innovators Card earns 2x points on all business spending, making it a rewarding choice for business owners who want a business credit card using only an EIN. How to obtain an EIN for business card applicationsIf you want to get a business credit card using your EIN, you might need to start by obtaining the EIN itself.
Persons: , EIN, Holly Johnson, it's, Julia Menez, BILL, Keogh Organizations: Service, Internal Revenue Service, IRS, Card, EIN Locations: United States, Chevron
This article is part of our "Business for Good" series spotlighting business leaders and companies that are driving meaningful changes from Singapore. Currently based in Singapore, he's serving as our trusted resource for the innovative projects unfolding in one of the world's most advanced and progressive business hubs. The city-state's government is nimble and efficient; the business atmosphere is open and collegial; and the quality of life is unparalleled. NesteSingapore is considered a global business hub thanks to its great sea and air connectivity, developed infrastructure, stable political and regulatory environment, and skilled workforce. Bartholomeusz shares my appreciation for Singapore's public safety.
Persons: Kris LeBoutillier, he's, It's, Steven Bartholomeusz, APAC, it's, José Pedro Borges, Borges, Maya Hari, — Hari, Hari, Terrascope Organizations: EDP Renewables, APAC, Cisco, Google, Microsoft, José Pedro Borges Companies, Insider Studios, Singapore Economic Development Board Locations: Singapore, Asia, Thailand, Indonesia, New York City, Neste, Neste Singapore, Lisbon, EDPR
Billionaires are actually great for the economy, a director at the American Enterprise Institute argues. That's because billionaire innovators produce trillions of dollars of value for the US. The center-right think tank's Michael Strain argues that billionaires produce many times their net worth in value for the economy through their innovations. But billionaire innovators — not billionaire heirs and heiresses — may be the exception to that, Strain said. AdvertisementIn fact, billionaire innovators should be considered "worthy of emulation" for children, Strain added, praising an array of business icons.
Persons: , Elon Musk, Jeff Bezos, Michael Strain, heiresses, Strain, Bezos, Mark Zuckerberg, Bernard Arnault — Organizations: American Enterprise Institute, Service, Amazon, Syndicate, Economic
The company's stunning progress garnered the love of Wall Street, with analysts upping their price targets on the stock to account for future growth and naming it among their top AI picks. Nvidia's 'iPhone moment' Few could have predicted the frenzy ChatGPT would create when it debuted in late 2022, but no company could have been better prepared for the excitement than Nvidia. What to expect in 2024 Many on Wall Street don't foresee Nvidia hype dying down in the new year. In fact, many investors expect shares to keep rising as long as the company can smash expectations and guide higher. That's a feat many on Wall Street expect the company to accomplish, with the consensus price target implying another 35% upside for shares, according to FactSet.
Persons: Paul Meeks, Karl Freund, Freund, They've, Kim Forrest, Meeks, there'll, Ken Mahoney, Forrest, they've Organizations: Nvidia, Devices, Research, Bokeh Capital Partners, Intel Locations: Nvidia's
In the pharmaceutical industry, AI may one day accelerate new-drug development. In the foreseeable future, McClain expects the healthcare industry to use AI technology to design personalized medicines. Risks to considerWhile AI offers promise for the healthcare industry, there are also a variety of risks professionals using AI must consider and mitigate. Showalter said that a lack of "comprehensive regulations" can also make using AI technology in healthcare settings risky. With this in mind, he said, the medical industry must understand the "fundamentals of AI and its applications in healthcare."
Persons: , Sean McClain, McClain, Tim Showalter, Showalter, it's, Fred, haven't, Surya Josyula, Josyula Organizations: Experts, Service, Northwestern Medicine, Fred Hutchinson Cancer Center, UW Medicine, University of California, Fujitsu, Aichi Cancer, Fujitsu Laboratories of America Locations: University of California San Diego, Nagoya, Japan, China, United States
Now, though, a massive new study published in the journal Nature has shed new light on the effect of remote work on innovation. Even though remote work is a relatively new development in corporate settings, scientists and inventors have been collaborating over long distances for decades. On remote teams, by contrast, the more established collaborators tended to come up with the original idea on their own. And just because remote collaboration didn't work for innovation in the past doesn't necessarily mean it won't work in the future. But the study's findings — given the remarkable sweep of the data it examined — do suggest some guidance for companies in the age of remote work.
Persons: haven't, Carl Benedikt Frey, Frey, Watson, Crick's, they'll, who's, Slack, you'll, we're, Aki Ito Organizations: Netflix, Oxford University, University of Pittsburgh pored, Oxford, Duke University, Business Locations: Silicon Valley
I first spoke to Kwasi Mitchell, Deloitte's first chief purpose officer, in March about change in corporate America. For one, his role evolved from broadly touching on sustainability, equity, and social impact to overseeing all DEI — diversity, equity and inclusion — responsibilities at the consulting firm. Mitchell's insights are part of Business Insider's year-end leadership package, "Looking Ahead 2024," which digs into vision, strategy, and challenges across corporate America. I distinctly remember sitting across the table, starting to work with our collaborators on what actually could this be. Having a coalescing force with a few organizations to drive momentum could be really really interesting and impactful in the future.
Persons: Kwasi Mitchell, Deloitte's, Mitchell, there's, He's, we've Organizations: Service, DEI Institute, Deloitte, Economic, San Francisco Chamber of Commerce Locations: America, Business, San Francisco, Francisco, Ukraine, Israel, Palestine
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