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CNBC Anchors Share Their Stories Of Ambition
  + stars: | 2023-02-13 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCNBC Anchors Share Their Stories Of AmbitionAndrew Ross Sorkin, Becky Quick, Joe Kernen, Jon Fortt, Melissa Lee, Kelly Evans and Tyler Mathisen share what ambition means to them and how CNBC fuels its ambitious audience every day.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJon Fortt's Working Lunch: A.I. startup CEO learned to code through competitive eventsCNBC's Jon Fortt joins 'Power Lunch' to introduce a startup CEO whose company is building on top of open AI tools, and who also knows what it's like to be an underdog.
"It's a new day in search," Microsoft CEO Satya Nadella said Tuesday during an AI event held at the company's headquarters, saying that the "race starts today." So far, Microsoft is making significant headway within AI and rising in popularity in the tech world. Alphabet, he added, "got beaten to market by Microsoft" despite its investments in the space. Alphabet Microsoft may be taking the lead on AI in the near term, but investors shouldn't sleep on Alphabet just yet. "We believe GOOGL has the AI tech and scale to maintain/grow its leading user base," said Morgan Stanley's Brian Nowak in a Thursday note.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTech layoffs: Zoom and ebay are the latest companies to cut their workforceCNBC's Jon Fortt reports on news from the tech sector.
Microsoft CEO Satya Nadella said on Tuesday that search powered by artificial intelligence is the biggest thing to happen to his company in the nine years he's been at the helm. "I have not seen something like this since I would say 2007-2008, when the cloud was just first coming out," Nadella told CNBC's Jon Fortt in an interview. Microsoft invited reporters to its headquarters in Redmond, Washington, for an event that centered around new AI-powered updates to the company's Bing search engine and Edge browser. Nadella said search is a very profitable business, so these developments reflect a big opportunity for Microsoft. Microsoft's event Tuesday follows the company's January announcement regarding a multibillion-dollar investment in ChatGPT-maker OpenAI.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe most profitable large software business is 'search,' says Microsoft CEO Satya NadellaCNBC’s Jon Fortt sits down with Microsoft CEO Satya Nadella to discuss its new AI-powered updates to its Bing search engine, Edge browser and more.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIt's a new day in search, rapid innovation to come, says Microsoft CEO Satya NadellaCNBC’s Jon Fortt sits down with Microsoft CEO Satya Nadella to discuss new AI-powered updates to its Bing search engine and Edge browser.
Satya Nadella reflects on his nine years of leading Microsoft
  + stars: | 2023-02-07 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSatya Nadella reflects on his nine years of leading MicrosoftCNBC’s Jon Fortt sits down with Microsoft CEO Satya Nadella to discuss its new AI-powered updates to its Bing search engine and, Edge browser and more.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailExisting jobs will be more productive because of AI, says Microsoft CEO Satya NadellaCNBC’s Jon Fortt sits down with Microsoft CEO Satya Nadella to discuss its new AI-powered updates to its Bing search engine and Edge browser and more.
CNBC's experts analyze growing layoffs in the tech industry
  + stars: | 2023-01-26 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCNBC's experts analyze growing layoffs in the tech industryCNBC's Steve Kovach, Jon Fortt and Dom Chu join 'Power Lunch to discuss the over-hiring practices that contributed to tech layoffs.
How the proposed noncompete bans could impact the labor market
  + stars: | 2023-01-26 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow the proposed noncompete bans could impact the labor marketCNBC's Jon Fortt reports on a proposal from the Federal Trade Commission.
Earnings or Data: What matters more?
  + stars: | 2023-01-12 | by ( Jon Fortt | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEarnings or Data: What matters more? CNBC's Jon Fortt joins 'Squawk Box' to share two competing ideas for 2023, addressing what factors are more important to the economy- earnings numbers or Fed policy.
The company's devices and services organization, which oversees the development of products such as Alexa, Echo smart speakers and Kindle e-readers, was among the groups affected. Still, Amazon remains "fully committed" to the Alexa unit despite the company taking steps to be more disciplined with costs in "a very uncertain economy," Limp said. At one point, Amazon had 5,000 people working on Alexa and Echo. Amazon has sold devices such as the Echo at or near cost because its goal isn't to make money from them. The prices of some commodities used in Amazon devices, such as memory and displays, has increased, and those could get passed along to consumers, he said.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOn the other hand: Should invesotrs be concerned about widespread tech layoffs? CNBC's Jon Fortt reports on the recent wave of technology layoffs.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIs Justin Bieber's music catalog worth $200 million? Here are both sides of the issueJustin Bieber is on the verge of selling his music rights to a publicly traded U.K.-investment company backed by Blackstone in a $200 million transaction, according to The Wall Street Journal. CNBC's Jon Fortt joins 'Squawk Box' to break down whether Bieber's catalog is worth $200 million.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailStartup Shippo works with small businesses to print affordable, efficient shipping labelsCNBC's Jon Fortt joins 'Power Lunch' to discuss Shippo, a late-stage startup that helps small businesses find affordable shipping options, charting a path to profitability as a startup and providing shipping label services for small-businesses.
The Rise of ChatGPT: Game changer or gimmick?
  + stars: | 2022-12-15 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Rise of ChatGPT: Game changer or gimmick? Two weeks ago, a new artificial intelligence program ChatGPT made its debut online. But does it represent a breakthrough that will spawn new businesses, or is it more of a gimmick? CNBC's Jon Fortt weighs in on both sides of the issue.
Peter Kern, CEO of online travel company Expedia Group , sees the cloud as an area where his company can reduce its fixed costs. Amazon leads the market in cloud computing, with an estimated 39% share. Selipsky said that moving IT jobs to the cloud could help budget-strapped organizations save money, citing customers Agco and Carrier Global . It offers Graviton computing instances based on energy-efficient Arm-based chips, a less expensive alternative to instances using standard AMD and Intel processors. He said AT&T 's DirecTV unit was able to eliminate 20% of computing costs by adopting current-generation Graviton chips.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailShould Apple cut app store fees after Musk criticism? Here are both sides of the argumentApple's app store is in the spotlight again after Twitter's Elon Musk claimed the company takes too large a cut of transactions on the platform. Should Apple CEO Tim Cook reduce the company's app store fees? CNBC's Jon Fortt joins 'Squawk Box' with both sides of the argument.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAWS CEO Adam Selipsky on impact of slowing economy, cloud consumptionAmazon Web Services' annual cloud conference is back in full swing in Las Vegas for the first time since the onset of the pandemic and CNBC TechCheck's Jon Fortt sits down exclusively with AWS CEO Adam Selipsky. He says that although AWS is in a temporary hiring freeze, they are absorbing spikes in the cost of energy and tech labor, making the case that its scale and experience in cloud technologies make it a port in the storm of a volatile economy.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWill holiday shopping pick up or go cold? Here are both sides of the issueThe holiday shopping season officially begins next week, and there are mixed signals on whether consumers will open up their wallets in a slow economy. Will spending pick up or fall short? CNBC's Jon Fortt joins 'Squawk Box' with both sides of the argument.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIs the crypto revolution doomed? Here are both sides of the argumentThe crypto market is reeling after Binance backed out of its planned acquisition of FTX. So, is the revolution doomed? CNBC's Jon Fortt joins 'Squawk Box' to weigh in on both sides of the issue.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTyson Foods CFO arrested after allegedly becoming intoxicated, falling asleep in wrong houseCNBC's Jon Fortt reports John R. Tyson, the CFO of Tyson Foods, was arrested early Sunday in Arkansas after allegedly becoming intoxicated and falling asleep in the wrong house.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWill New York City's salary transparency law actually make a difference? New York City began enforcing its new salary transparency law requiring most job postings to include a salary range. Will the rule boost fairness in the job market? CNBC's Jon Fortt joins 'Squawk Box' with both sides of the issue.
The business Wadhwani oversees is roughly three times the size as Chakravarthy's in terms of revenue. For Wadhwani, Figma represents a risky bet on growth at a time when Wall Street is telling tech companies to tighten their belts and preserve cash. The make-or-break betIn his 15-year tenure as CEO, Narayen hasn't been shy about dealmaking, just at a smaller size. And it might be Wadhwani's make-or-break opportunity to prove he should be CEO of the fourth-biggest U.S. business software company by market cap. Shantanu Narayen, CEO, Adobe Mark Neuling | CNBCThe revenue became more predictable and less closely associated with product releases.
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