Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "ear on"


25 mentions found


download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. This story is available exclusively to Business Insider subscribers. AdvertisementLinda, a phone sex operator, told Business Insider that artificial intelligence is being adopted by some in the sex work community, and she now regularly sees AI-generated images on profiles of fellow phone sex workers. "It's not for everyone, but, honestly, I think it's great — like you want a sex robot, guys — here ya go! " Representatives for OpenAI did not immediately respond to a request for comment from Business Insider.
Persons: , Scarlett Johannson, Joaquin Pheonix —, OpenAI, Scott Woods, Sam Altman, Linda, Kaitlyn, Amouranth, Siragusa Organizations: Service, Business, Mars, BI, Polygon, The New York Post Locations: Berlin
Apple desperately needs its Next Big Thing
  + stars: | 2024-05-14 | by ( Paris Marx | ) www.businessinsider.com   time to read: +10 min
But after a decade of doing that, iPhone sales are slowing, revenue is down, and the company, again, needs to find its next big thing. Apple's own outlook suggests poor iPhone sales will persist, especially as sales in China rapidly decline. The drawbacks of Cook's divestment from product design and development are now becoming clearer. Both the EU and the US cases would also make some people more likely to switch to a cheaper phone, which would threaten iPhone sales even further. The drawbacks of Cook's divestment from product design and development are now becoming clearer.
Persons: Steve Jobs, Jobs, Apple, Tim Cook, Cook, haven't, Steve, Tripp Mickle, Jony Ive, we've, wouldn't, Let's, aren't, Peter Kafka Organizations: Apple, Apple Watch, IBM, Google, EU, Bloomberg, Nasdaq, Business Locations: China, Asia, India, Indonesia
Ramp: 2024 CNBC Disruptor 50
  + stars: | 2024-05-14 | by ( Cnbc.Com Staff | ) www.cnbc.com   time to read: 1 min
When the economic outlook is uncertain, companies keep a closer eye on expenses. Ramp is among the increasing number of expense management software offerings available to companies big and small. Companies save an average of 5% a year on expenses. The company passed $300 million in annualized revenue in 2023 and grew transaction volume sixfold, surpassing $10 billion in accounts payable volume. At a time when many other startups are finding it more challenging to raise capital, Ramp raised $300 million last August from existing investors, including Thrive Capital, Sands Capital and General Catalyst.
Persons: Catalyst Organizations: Companies, Sands Capital
Central banks accounted for one-quarter of gold demand in 2022 and 2023, as the institutions bought over 1,000 tons of gold each year, according to the World Gold Council in a recent report. Related storiesThe world's central banks continued buying gold, snapping up 290 tons of gold in the first quarter of this year — the strongest start to any year on record, according to the council. AdvertisementThis suggests that gold purchases by some central banks may have been driven by concerns about sanctions risk, Gopinath said. Central banks will keep buying, despite high pricesWhile China's central bank gold buying has been hogging the headlines, other central banks are also loading up on gold. The World Gold Council wrote in its recent report that other big gold buyers included Turkey and India.
Persons: , Gita Gopinath, it's, Gopinath, IMF's Gopinath Organizations: Service, Monetary Fund, Business, World Gold, US Treasury, Agency, JPMorgan Locations: Ukraine, Central, Russia, China, Turkey, India
Traders at JPMorgan broke down how they expect stocks will react to Wednesday's report, with a focus on core CPI month over month, based on six different scenarios: 40% chance — The reading rises 0.3%-0.35%: This is the most likely outcome, per JPMorgan traders. S & P 500 moves could range between a 0.5% loss and a 1% gain. 10% chance — Core inflation climbs more than 0.4%: The S & P 500 would drop 1.75% to 2.5% under such a hot report, JPMorgan traders think. 7.5% chance — Core CPI gains 0.2%-0.25%: A decline in housing cost increases along with lower core goods prices could make this outcome possible. It would also send the S & P 500 up 1.5% to 2%, JPMorgan traders said.
Persons: Dow Jones, Defensives outperforming Organizations: CPI, Traders, JPMorgan, of Labor Statistics
Meme stocks are having a moment, but the broader market is rallying as well. While GameStop's 74% rally got a lot of attention Monday ( "meme stocks are back!" ), the evidence indicates that a broad rally is dragging up a lot of stuff that hasn't been performing well this year. The S & P 600 Small Cap advance/decline is also near the highest levels since December, while the S & P Mid Cap 400 advance/decline line is at a new high. So when you hear the tired old refrain, "meme stocks are back," take a look at the rest of the market.
Persons: hasn't, Marko Kolanovic, Morgan, BoE, Ryan Detrick Organizations: Fed, ECB, Intel, Nike, Comcast, ChargePoint Holdings, CRISPR Therapeutics, Unity Software, Carson Group, CNBC
"We're like the engine room of the company," Hassabis told CNBC, speaking about his newly integrated AI unit within Google. Last month, Alphabet CEO Sundar Pichai merged Hassabis' DeepMind with Google Brain, a separate AI team, and selected Hassabis to lead the group. DeepMind CEO Demis Hassabis at a 2017 event in China. During his career at DeepMind and then at Google, Hassabis dominated the field of AI. Microsoft CEO Satya Nadella (R) speaks as OpenAI CEO Sam Altman (L) looks on during the OpenAI DevDay event in San Francisco on Nov. 6, 2023.
Persons: He's, Hassabis, Sundar Pichai, It's, Demis Hassabis, Geoffrey Hinton, Hinton, DeepMind, Elon Musk, OpenAI, Satya Nadella, Sam Altman, Justin Sullivan, Critics, they've, ChatGPT, AlphaFold, Eli Lilly Organizations: Google, CNBC, Microsoft, Elixir Studios, Hassabis, Washington Post, Employees, Novartis, TED Locations: China, DeepMind, San Francisco, ChatGPT, LLMs
But in a sign of how eager the Chinese government remains to suppress public discussion of the outbreak, it was unclear on Monday evening whether Ms. Zhang, 40, had actually been set free. The lawyer who represented Ms. Zhang during her trial, Zhang Keke (the two are not related), said he could not reach her mother all day. The group, which gave Ms. Zhang a press freedom award in 2021, noted that journalists released from imprisonment in China are often kept under surveillance. Ms. Zhang was an early symbol of the mistrust that many Chinese harbored toward the government’s handling of the outset of the pandemic, and the hunger they had for unfiltered information. A former lawyer from Shanghai, she traveled in early 2020 to Wuhan, the city where the virus was first detected, as a self-styled citizen journalist.
Persons: Zhang Zhan, Zhang, Zhang Keke Locations: China, Shanghai, Wuhan
The contributors listed on the tax return include billionaire Republican megadonor Jeff Yass, who Accuracy in Media said gave it $1 million. The family foundation of shipping supply magnate Richard Uihlein is also identified on the tax return, which says the Ed Uihlein Family Foundation gave $10,000. According to its tax return, Accuracy in Media said it received $15,000 from the Coors brewing family's charitable foundation. But AIM president Adam Guillette told CNBC Yass had been misidentified, and he did not give to the organization. Nonprofit groups are not required to release their donors' names publicly, but they are required to report to the IRS the names of donors who gave $5,000 or more.
Persons: Claudine Gay, Pat Greenhouse, Jeff Yass, Richard Uihlein, Ed Uihlein, Milstein, Adam Milstein, Adolph Coors, Peter H, Janine, John Harvard, Joseph Prezioso, Adam Guillette, Guillette, Phil Headley, Uihlein, Israel, Ben Curtis Organizations: Harvard, Harvard University, Boston Globe, CNBC, Media, Foundation, Milstein Family Foundation, Internal Revenue, Coors, Adolph Coors Foundation, Molson Coors, Susquehanna International Group, Pro, Harvard University in, Afp, Getty, IRS, CNBC Yass, JBS, Company, AIM, Nonprofit, Independent Women's, South, IWF, Amazon, Project Veritas, Harvard College Locations: Yass, Uihlein, Harvard University in Cambridge , Massachusetts, South Carolina, Israel, Gaza, Harvard University in Cambridge
European markets are heading for a mixed open at the start of the new trading week, and investors will be keeping a close eye on the latest U.S. inflation figures. April's consumer price index report is due out on Wednesday, with traders hoping that a return to rate hikes is largely off the table for the U.S. Federal Reserve despite a slew of hotter-than-expected inflation prints recently. Overnight, Asia-Pacific markets were mixed as investors assessed China's stronger-than-expected April inflation data; China's consumer price index climbed 0.3% year on year, beating Reuters estimates of a 0.2% rise. India's inflation figures will also be out late Monday, with economists polled by Reuters expecting inflation in the world's fifth-largest economy to slow slightly to 4.8% in April, down from March's 4.85%.
Organizations: U.S . Federal, Reuters Locations: Asia, Pacific, March's
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. There was largely an "absence of news" last week, Jim Cramer noted, and yet stocks were still able to advance. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Jim Cramer, Stocks, Jim, OpenAI, Vimal Kapur, Jim Cramer's Organizations: CNBC, Dow Jones Industrial, Nasdaq, Apple, Bloomberg News, Developers Conference, Honeywell International, Club, Honeywell, AAPL
Stock futures were little changed on Sunday, with Wall Street looking toward fresh inflation data this week. Futures tied to the S&P 500 fell 0.1%, while Nasdaq 100 futures hovered near the flatline. Investors will look for insights into the Federal Reserve's monetary policy moving forward with April's consumer price index report due out on Wednesday. Results so far have helped stocks remain resilient despite the inflation overhang. 92% of S&P 500 companies have reported as of Friday, with neatly 80% of firms surpassing Wall Street forecasts, per FactSet data.
Persons: Dow, Venu Krishna Organizations: New York Stock Exchange, Stock, Nasdaq, Dow Jones Industrial, Federal, Traders, Fed, Wall, Barclays Locations: New York City
CNN —President Joe Biden is facing backlash from lawmakers in both parties over his ultimatum that a major Israeli offensive in the city of Rafah would result in a shut-off of some US weapons. “So if you’re worried about Palestinian casualties, the stated policy here actually doesn’t make a ton of sense,” Vance said. The president’s announcement amounted to a turning point in US-Israeli ties since the seven-month conflict between Israel and Hamas began in October. Still, the president’s aides said the message shouldn’t have been a surprise to their intended recipients in Israel given repeated warnings to Prime Minister Benjamin Netanyahu. “I think President Biden has taken forceful action – so much so there’s been a lot of blowback for his recent public statement.”CNN’s Kit Maher, Aileen Graef, Kevin Liptak, Jennifer Hansler and Kylie Atwood contributed to this report.
Persons: Joe Biden, CNN’s Erin Burnett, , Republican Sen, JD Vance, CNN’s Dana, , Biden, ” Vance, Benjamin Netanyahu, Burnett, Israel, Lindsey Graham of, Graham, GOP Sen, Rick Scott of, Israel ”, Josh Gottheimer, Adam Smith, Erin Burnett, , Netanyahu, Democratic Sen, Chris Murphy, Bash, Murphy, Antony Blinken, ” Blinken, Chris Van Hollen, Margaret Brennan, Van Hollen, ” Van Hollen, ” Murphy, ” Democratic Sen, Chris Coons, Van Hollen’s, there’s, ” CNN’s Kit Maher, Aileen Graef, Kevin Liptak, Jennifer Hansler, Kylie Atwood Organizations: CNN, GOP, Republican, Union, Hamas, Fox News, Democrats, House Democrats, Rep, Congress, Democratic, Connecticut, , CBS, Ministry, Health, State Department, ” Democratic Locations: Rafah, Ohio, “ State, Israel, Rafah —, Gaza, Lindsey Graham of South Carolina, Rick Scott of Florida, New Jersey, Washington, , Iraq, Afghanistan, United States, Maryland, Chris Coons of Delaware
CNN —Rafael Nadal said he is unsure whether he will be able to play at the French Open for likely the final time later this month, after he was defeated in the second round of the Italian Open by Hubert Hurkacz on Saturday. “The decision (to appear at the French Open) as you can imagine, is not clear in my mind today,” the 22-time grand slam winner said afterwards, according to the ATP Tour. 9 Hurkacz in Rome, in what was likely his last appearance at a tournament he has won a record 10 times. Nadal has won the Italian Open 10 times during his career. Nadal told reporters on Saturday that there were two ways for him to approach this year’s French Open.
Persons: CNN — Rafael Nadal, Hubert Hurkacz, Roland Garros, ” Nadal, Nadal, Guglielmo Mangiapane, , Organizations: CNN, ATP Locations: Rome
Trump’s lead jumped to 9 points over Biden when Kennedy, Green Party candidate Jill Stein and independent Cornel West were included in the ballot test. (To make the debate stage, candidates must also appear on state ballots totaling at least 270 electoral votes. I should point out that third party and independent candidates tend to see their polling decline over the course of the campaign. Now, it’s quite possible that Kennedy voters will stick by him the more they hear about his positions. National polling for the most part has, after all, shown Kennedy voters prefer Trump to Biden, though not uniformly.
Persons: Robert F, Kennedy Jr, Kennedy, Donald Trump, Joe Biden, Ross Perot, Perot, Biden, Trump’s, Jill Stein, Cornel West, Ralph Nader, Gary Johnson, I’m, , Trump, Kennedy –, Kennedy “, Kennedy’s, we’ve, they’re, Don’t Organizations: CNN, Trump, Biden, Green Party, Cornel, Green, Libertarian Party, NBC, NBC News, Monmouth University, Quinnipiac University Locations: Monmouth
The town of Vovchansk in the northern Kharkiv region, liberated from Russian occupation more than 18 months ago, awoke Friday to intense shelling and aerial bombardment. As of Saturday, it appeared the Russians still held a handful of Ukrainian border villages, with intense aerial bombardment continuing in the Vovchansk area. Barros says that it is instead to compel Ukrainian forces to pivot from Donetsk to Kharkiv region. Gunners fire at Russian positions in the Kharkiv region on April 21. In Krasnohorivka, for example, Ukrainian units were able for months to use apartment buildings and a brick factory as defensive positions.
Persons: Volodymyr Zelensky, Vadym Skibitsky, George Barros, Sever, , ” Barros, Anatolii Stepanov, Barros, exacerbates, Vyacheslav Madiyevskyy, Zelensky, Chasiv, Chasiv Yar, Skibitsky, Stanislav, , that’s Organizations: CNN, Ukraine, Russian, Ukrainian Defense Intelligence, Institute for, ” Gunners, Getty, Manpower, Reuters, Gunners, Kharkiv, United States, Zelensky Locations: Vovchansk, Kharkiv, Russia, Donetsk, Ukraine, North, Washington, “ Russia, Ukrainian, AFP, Sumy, Donetsk oblast, Belgorod, Russian, Chasiv Yar, Chasiv, , Kreminna, Kharkiv oblast
Ukraine has been targeting Russian oil refineries in recent months. The Biden Administration has criticized the strikes, warning of global energy price rises. AdvertisementUkraine has been ramping up attacks on Russian oil refineries in recent months as it seeks to hamper Russian export revenues and curtail fuel supplies to Russian President Vladimir Putin's forces. Advertisement"Those attacks could have a knock-on effect in terms of the global energy situation," Austin said. Related storiesThe experts said that Ukrainian attacks on oil refineries would only hinder Russia's ability to turn its oil into refined products such as gasoline and would not impact the volume of oil it can extract or export.
Persons: Biden, , Vladimir Putin's, Radiy Khabirov, Lloyd Austin, Austin, Michael Liebreich, Lauri Myllyvirta, Sam Winter, Levy, Alexander Novak Organizations: Biden Administration, Service, Reuters, Russia's, Defense, Foreign Affairs, Bloomberg New Energy Finance, Centre for Research, Energy, Clean, Princeton University, Bloomberg Locations: Ukraine, Russia's Kaluga, Russia's Republic, Bashkortostan, Russia, China, India
Night skies in many parts of the Northern Hemisphere are expected to bloom again on Saturday night with the vivid colors of the northern lights, or aurora borealis, as a powerful geomagnetic storm caused by a hyperactive sun persists through the weekend. The National Oceanic and Atmospheric Administration, which monitors space weather, said in an update on Saturday that it continued to observe solar activity that could lead to periods of “severe-extreme” geomagnetic storms. Major power utilities had largely prepared their electrical grids for the solar storm, and their customers were unaffected. For most people, the solar storm was a gift: It caused ribbons of pink, purple and green light across night skies of much of the United States, Canada and Europe. Where evening skies are clear on Saturday, the lights can be expected again.
Organizations: Northern, Atmospheric Administration Locations: United States, Canada, Europe
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. The subsequent uproar resulted in Thomas updating financial disclosures to indicate his ties to the conservative donor. "I think what you are going to find and especially in Washington, people pride themselves on being awful. It is a hideous place as far as I'm concerned," Thomas told his Friday audience, per the AP. Representatives for Thomas and the Supreme Court did not immediately respond to a request for comment.
Persons: , Clarence Thomas, he's, Thomas, Justice, Kathryn Kimball Mizelle —, Donald Trump, it's, Harlan Crow, Ginni Thomas Organizations: Service, Circuit Judicial, Associated Press, Business, US, The New York Times, Finance Locations: Clear , Alabama, Washington
The stakes could hardly be higher. This July, for the first time in more than a decade, Venezuelans will vote in a presidential election with an opposition candidate who has a fighting — if slim and improbable — chance at winning. Amid an economic and democratic crisis that has led more than seven million Venezuelans to abandon the country — considered among the world’s largest displacements — Nicolás Maduro, the country’s authoritarian president, has done something few thought he would: allowed an opposition candidate with widespread support to appear on the ballot. Though largely unknown, the challenger is leading in several polls, underscoring how many Venezuelans are hungry for change.
Persons: Maduro
Cherry trees in bloom near the Nippon Budokan in Tokyo, Japan, on Sunday, April 7, 2024. Bloomberg | Bloomberg | Getty ImagesJapan led gains in Asia-Pacific markets on Friday after stronger-than-expected, year-on-year consumer spending data, and as renewed rate cut hopes by the U.S. Federal Reserve bolster market sentiment. Japan's overall household spending in March fell 1.2% year on year, less than the 2.4% expected by a Reuters poll of economists. However, on a month-on-month basis, household spending rose 1.2%, compared with estimates of a 0.3% drop. Should the index reach the futures level, it would be its highest in about nine months.
Persons: Cherry, Kospi Organizations: Nippon Budokan, Bloomberg, Getty Images Japan, U.S . Federal Reserve, Nikkei Locations: Tokyo, Japan, Asia, Pacific
Shop at Amazon Shop at Walmart Shop at Best Buy What we like Check mark icon A check mark. Shop at Amazon Shop at Best Buy Shop at Samsung What we like Check mark icon A check mark. Unfortunately, the S95D's matte screen has one notable side effect: it hurts black-level performance in a bright room. In contrast, the elevated black levels caused by the S95D's matte screen are more pronounced and easier to notice. AdvertisementSamsung S95D vs. S95C: Price and availabilityThe S95C currently costs a lot less than the S95D.
Persons: I've, Slim, Steven Cohen, it's Organizations: Business, Samsung, Shop, Walmart Shop, Dolby, Sony, Amazon, Samsung TV
Climeworks' direct-air-capture plant can remove up to 36,000 metric tons of carbon from the air a year. AdvertisementThe startup Climeworks this week switched on the largest direct-air-capture plant, which pulls carbon dioxide from the sky and locks it away underground. Climateworks' Mammoth plant also cost hundreds of millions of dollars to build, though the company didn't disclose the exact amount. AdvertisementClimeworks aims to become large enough to remove 1 million metric tons of carbon a year by 2030 and 1 billion metric tons by 2050 — or a megaton and gigaton. The two plants could remove more than 2 million metric tons of carbon dioxide from the air each year.
Persons: Climeworks, , it's, JPMorgan Chase, Jan Wurzbacher, Wurzbacher Organizations: Service, UN, Carbon Project, Microsoft, Swiss, JPMorgan, US Department of Energy, Occidental Petroleum Locations: Mammoth, Iceland, Paris, Canada, Norway, Oman, Kenya, Louisiana, West Texas
CNN —Russia’s President Vladimir Putin said his forces were “always ready” to combat external threats, as he addressed crowds gathered at Moscow’s Red Square on Thursday to celebrate the Soviet Union’s victory over Nazi Germany in World War II. Around 27 million people in the Soviet Union died in World War II, more than in any other country. Russian Defence Minister Sergei Shoigu salutes soldiers as he is driven along Red Square. Russian Foreign Ministry spokeswoman Maria Zakharova told TASS in an interview that “unfriendly countries” were not invited for a third Victory Day since the war in Ukraine began. His Victory Day address comes just days after the Russian leader was inaugurated for a fifth term in office, in a carefully choreographed ceremony.
Persons: CNN —, Vladimir Putin, , Putin, ” Putin, , Sergei Shoigu, Alexander Nemenov, Sefa, Shoigu, Alexander Lukashenko of, Emomali, Serdar, Miguel Diaz, Thongloun, Maria Zakharova, ” Zakharova, Mikhail Klimentyev, Reuters Putin Organizations: CNN, Nazi, Russian, Getty, Canel, Russian Foreign Ministry, TASS, Sputnik, Reuters, Kyiv, Kremlin Locations: Soviet, Nazi Germany, Russia, Ukraine, “ Russia, AFP, Red Square, Anadolu, Alexander Lukashenko of Belarus, Kazakhstan, Tajikistan, Turkmenistan, Cuba, Laos, Guinea, Bissau, Russian, United States
Trump denies having a sexual encounter with Daniels and has pleaded not guilty. It was expected that the cross would be even tougher today and, indeed, Necheles furiously attacked Daniels from the get-go. In the most pointed back-and-forth of the day, Necheles attacked Daniels’ recollection of the circumstances surrounding her alleged sexual encounter with Trump in 2006. It also reinforced Daniels’ Tuesday testimony that she felt a power imbalance with Trump at the time of the encounter. I interviewed him on these identical facts for the first Trump impeachment and I expect he, like Daniels, will exceed expectations.
Persons: Norman Eisen, , Donald Trump, Stormy Daniels, Daniels, Susan Necheles capably, Norm Eisen, Necheles, Trump, ” Daniels, I’m, unclothed, , Michael Cohen Organizations: CNN, Manhattan, Trump, Prosecutors, Twitter, Facebook
Total: 25