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☆ CNBC TechCheck Evening Edition: June 6, 2024
▼ + stars: | 2024-06-06 | 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 TechCheck Evening Edition: June 6, 2024CNBC's TechCheck brings you the latest in tech news from CNBC's 1 Market in the heart of San Francisco.

Persons: TechCheck Organizations: CNBC Locations: San Francisco

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow Walmart turned Bentonville, Arkansas into a boomtownWalmart's hometown of Bentonville, Arkansas has become a boomtown with many amenities you might expect to find in New York or San Francisco – fancy restaurants, craft cocktails, bike paths and a world-class art museum. The town has more cranes per capita than any other U.S. city as Walmart builds a 350-acre new headquarters. Bentonville's population is expected to triple by 2050. But with the boom comes big-city economic challenges. CNBC's Melissa Repko travels to Bentonville for the story.

Persons: CNBC's Melissa Repko Organizations: Walmart Locations: Bentonville , Arkansas, New York, Francisco, Bentonville

☆ California City Leaders End Cloud-Brightening Test, Overruling Staff
▼ + stars: | 2024-06-05 | by ( Soumya Karlamangla | Christopher Flavelle | ) www.nytimes.com time to read: +1 min

Elected leaders in Alameda, Calif., voted early on Wednesday to stop scientists from testing a device that might one day be used to artificially cool the planet, overruling city staff members who had found the experiment posed no danger. The test involved spraying tiny sea-salt particles across the flight deck of a decommissioned aircraft carrier, the U.S.S. Versions of that device could eventually be used to spray the material skyward, making clouds brighter so that they reflect more sunlight away from Earth. Scientists say that could help to cool the planet and to fight the effects of global warming. That has pushed the idea of deliberately intervening in climate systems closer to reality.

Locations: Alameda , Calif, Alameda, San Francisco Bay

☆ I left the Bay Area and moved countries for a tech job — and I'm 100 times happier and less stressed now than I was in Silicon Valley
▼ + stars: | 2024-06-05 | by ( Robin Madell | ) www.businessinsider.com time to read: +10 min

AdvertisementI didn't work in tech when I lived in the Bay Area, but I do nowIn the Bay Area, I worked in marketing and graphic design and did off-and-on work in café management and the brewing industry. The Bay Area didn't fit into his free-spirit mentality, and he also needed a change. In the Bay Area, there was no getting into a job like this "by accident" for me. Moving out of the Bay Area felt like someone turned all the heat off before I boiled to deathWhen I left the Bay Area, I received the type of inner peace I never thought possible. Even people who stayed there feel the same way, they no longer live in that Bay Area, either.

Persons: —, Agata Pona, It's, we'd, would've, didn't, couldn't, joggers, Manseen Logan Organizations: Service, SUSO Digital, San Francisco Bay Area, Business, Whole Foods, Poland —, Stanford, Big Tech, Salvadoran Locations: Area, Poland, San Francisco Bay, Poznań, Silicon Valley, California, Portland , Arizona, Texas, Bay, mlogan@businessinsider.com

☆ Private payrolls growth slows to 152,000 in May, much less than expected, ADP says
▼ + stars: | 2024-06-05 | by ( Jeff Cox | ) www.cnbc.com time to read: +2 min

Private job creation slowed more than expected in May, according to a report Wednesday from ADP that signals further sluggishness in the labor market. A number of sectors saw job losses on the month. The report comes two days ahead of the more closely watched nonfarm payrolls count from the Bureau of Labor Statistics. The ADP report showing private payroll growth of 188,000 in April overshot the BLS count of 167,000. Correction: The ADP figure for May was the lowest monthly level since January.

Persons: Dow Jones, Nela Richardson, nonfarm Organizations: Dow, Bureau of Labor Statistics, BLS, Wall Locations: Central, San Francisco , California, Trade

☆ India’s economic boom won’t be derailed by its election shock
▼ + stars: | 2024-06-05 | by ( Diksha Madhok | ) edition.cnn.com time to read: +5 min

New Delhi CNN —Narendra Modi has declared victory in India’s election but he’ll need the support of smaller parties to govern, a shock result that could make it harder for him to pass major economic reforms. Experts have highlighted land reform as an example of policies that might now be tougher for Modi to implement. India will need to address those issues if it is to capitalize on the massive rethink underway among companies on supply chains. Despite the surprise electoral setback for Modi’s right-wing, Hindu-nationalist Bharatiya Janata Party (BJP), experts say the world’s fastest growing major economy will continue to live up to its billing. The party’s underperformance led to a plunge on India’s stock market, which had its worst day in four years Tuesday.

Persons: New Delhi CNN — Narendra Modi, ”, Peeyush Mittal, Modi, ” Shilan Shah, underperformance, Aditya Suresh, Shah, Malcolm Dorson, It’s Organizations: New, New Delhi CNN, Matthews Asia, Apple, Foxconn, Bharatiya Janata Party, BJP, Capital Economics, Investors, Macquarie Capital, Unified Locations: New Delhi, United Kingdom, India, China, San Francisco, Beijing, Washington, United States, Western

☆ CNBC TechCheck Evening Edition: June 05, 2024
▼ + stars: | 2024-06-05 | 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 TechCheck Evening Edition: June 05, 2024CNBC's TechCheck brings you the latest in tech news from CNBC's 1 Market in the heart of San Francisco.

Persons: TechCheck Organizations: CNBC Locations: San Francisco

☆ Nvidia passes Apple in market cap as second-most valuable public U.S. company
▼ + stars: | 2024-06-05 | by ( Kif Leswing | ) www.cnbc.com time to read: +2 min

Nvidia passed Apple in market cap on Wednesday as investors continue betting on the chipmaker behind the artificial intelligence boom. Nvidia also hit a $3 trillion market cap milestone on Wednesday after shares rose over 5%. Microsoft is the most valuable publicly traded company, with a market cap of $3.15 trillion, as of Wednesday. Apple was the first company to reach a $1 trillion and $2 trillion market cap. Nvidia shares have gone parabolic as its AI business has developed, rising more than 3,290% over the past five years.

Persons: Jensen Huang, Apple Organizations: Nvidia, Technology, Apple, Microsoft Locations: San Jose , California, China, U.S

☆ A San Francisco Gen Xer quit his job to escape 60-hour workweeks and spend his time being an 'older dad': 'I'll be 70 when my son graduates from high school'
▼ + stars: | 2024-06-05 | by ( Jacob Zinkula | Andy Kiersz | ) www.businessinsider.com time to read: +6 min

Gerstbacher, a 50-year-old based in San Francisco, was "really unhappy" at work, he told Business Insider via email. First, he's an "older dad," and he wanted to maximize the time he could spend with his three-year-old son. "I felt that I should take the quality time now since I'll be 70 when my son graduates from high school," he said. However, the decline in working men is also due to some positive developments, like the growth of women in the workforce. AdvertisementEven though he's in the process of returning to the workforce, Gerstbacher said he's continued to prioritize spending time with his son.

Persons: —, Francisco Gen Xer, Randy Gerstbacher, Gerstbacher, He's, they've, hasn't, he'd, he's Organizations: Service, Business, CDC, Bureau of Labor Statistics Locations: San Francisco

☆ I've been to every national park in California. Skip crowded Yosemite and check out these hidden gems instead.
▼ + stars: | 2024-06-04 | by ( Ash Czarnota | ) www.businessinsider.com time to read: +1 min

Channel Islands National Park is often called "the Galapagos of North America." Channel Islands National Park features hundreds of endemic plant and animal species. Ash CzarnotaLocated off the coast of Southern California near Los Angeles, Channel Islands National Park is often called "the Galapagos of North America" because of its natural diversity. The Channel Islands consist of five islands: Santa Cruz, Anacapa, Santa Rosa, San Miguel, and Santa Barbara. If you only have a day to kill, I'd recommend visiting Santa Cruz Island.

Persons: Czarnota, I'd Organizations: Channel Locations: North America, Southern California, Los Angeles, Santa Cruz, Anacapa, Santa Rosa, San Miguel, Santa Barbara

☆ Elon Musk ordered Nvidia to ship thousands of AI chips reserved for Tesla to X and xAI
▼ + stars: | 2024-06-04 | by ( Lora Kolodny | In Lorakolodny | ) www.cnbc.com time to read: +12 min

Correspondence from Nvidia staffers also indicates that Musk diverted a sizable shipment of AI processors that had been reserved for Tesla to his social media company X, formerly known as Twitter. "Elon prioritizing X H100 GPU cluster deployment at X versus Tesla by redirecting 12k of shipped H100 GPUs originally slated for Tesla to X instead," an Nvidia memo from December said. In a post on X in November, Musk wrote, "X Corp investors will own 25% of xAI." At Tesla, Musk has promised to build a $500 million "Dojo" supercomputer in Buffalo, New York, and a "super dense, water-cooled supercomputer cluster" at the company's factory in Austin, Texas. WATCH: Musk ordered Nvidia to ship thousands of AI chips to X

Persons: Elon Musk, David Swanson, Reuters Elon Musk, he's, Tesla's, Musk, Tesla, Elon, Critics, OpenAI's ChatGPT, Axios Harris, Jensen Huang, Huang, David Paul Morris, xAI's Grok, xAI, he'd, He's, Leo Koguan, Gerber Kawasaki's Ross Gerber, Joel Fleming, Fleming, hasn't, Ethan Knight Organizations: SpaceX, Tesla, Reuters, Nvidia, Tesla's Texas, CNBC, X Corp, EV, Google, Meta, Microsoft, Blackwell, Nvidia Corp, Technology, Bloomberg, Getty, Twitter, Equity Litigation Locations: Beverly Hills , California, Tesla's, U.S, San Jose , California, Buffalo , New York, Austin , Texas, North Dakota, Delaware, Tesla, xAI, SolarCity, Texas, New York

☆ MLB bans Padres player for betting on his team's games
▼ + stars: | 2024-06-04 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +1 min

MLB player Tucupita Marcano has been banned for gambling on his own team's games. Marcano bet on 25 Pittsburgh Pirates games he didn't play in. AdvertisementIn yet another spots-betting scandal, San Diego Padres player Tucupita Marcano has been permanently banned for gambling on hundreds of games — including his own team's. Major League Baseball (MLB) cited Rule 21 stating players can't bet on games where they have "a duty to perform," but noted Marcano didn't actually play in any of the games. Four other players also received one-year suspensions for gambling, MLB announced Tuesday.

Persons: Tucupita Marcano, Marcano, —, didn't Organizations: Pittsburgh Pirates, Service, San Diego Padres, Major League Baseball, MLB, Business

☆ San Diego Padres player Tucupita Marcano banned for life by MLB after betting on games
▼ + stars: | 2024-06-04 | by ( Ben Morse | ) edition.cnn.com time to read: +5 min

CNN —San Diego Padres infielder Tucupita Marcano has been banned for life by Major League Baseball for betting on baseball games. The MLB investigation found that 25 of those bets included Pirates games while Marcano was assigned to the Major League club. Those players are Oakland Athletics pitcher Michael Kelly, Padres minor league pitcher Jay Groome, Philadelphia Phillies minor league infielder José Rodríguez and Arizona Diamondbacks minor league pitcher Andrew Saalfrank. According to MLB rules, a player found guilty of betting on baseball games involving teams other than their own are subject to a one-year suspension. “The longstanding prohibition against betting on Major League Baseball games by those in the sport has been a bedrock principle for over a century.

Persons: Tucupita Marcano, Marcano, ”, Michael Kelly, Jay Groome, José Rodríguez, Andrew Saalfrank, Rob Manfred, Manfred, “, Kelly, A’s, Michael, Rodríguez Organizations: CNN, San Diego Padres, Major League Baseball, MLB, Pittsburgh Pirates, Pirates, Major League, Marcano’s Pirates, Padres, Major League Baseball’s, “, Players Association, Oakland Athletics, Philadelphia Phillies, Arizona Diamondbacks, “ MLB, Oakland, Phillies, Diamondbacks

☆ The best hidden gems to visit in summer tourist hot spots, from someone who's been to every European country
▼ + stars: | 2024-06-04 | by ( Maria Noyen | ) www.businessinsider.com time to read: +6 min

If so, we'll take a wild guess that you're visiting either Spain, Italy, France, or Greece. Here, Abbamonte shares a few alternatives to popular tourist hot spots that anyone visiting Spain, Italy, France, and Greece should check out. Related stories"I've done a lot of road trips around the north of Spain," Abbamonte said. Even so, some of Abbamonte's favorite spots in Italy don't get the love he believes they deserve. AdvertisementOne of his favorites is Biarritz, a seaside hub known for its surfing culture in the Basque region of France.

Persons: —, Lee Abbamonte, Europe's, He's, Colin Rieser, Abbamonte, they're, he'd, Peter.Zelei, Italy don't, Grace Kelly, Bruno Morandi, Saint Paul De Vence Organizations: Service, Business, Camino, Biarritz Locations: Europe, Spain, Italy, France, Greece, Abbamonte, Barcelona, Madrid, Ronda Ronda, Spain's Andalusia, Seville, Ibiza, Majorca, Ronda, Andalucia, Marbella, Sevilla, Gibraltar, Santiago, Santiago de Compostela, Hydra, Mykonos, Aegina, Poros, Meteora, Thessaly, Como, Florence, San Gimignano, Tuscany, Siena, Pisa, Gimignano, Biarritz, Paris, Nice, Basque, It's, San Sebastian, Spanish, Sebastian, Saint, Avignon, Monte Carlo, Monaco

☆ Internet addiction may harm the teen brain, MRI study finds
▼ + stars: | 2024-06-04 | by ( Kristen Rogers | ) edition.cnn.com time to read: +8 min

A new study has possibly captured that objectively, finding that for teens diagnosed with internet addiction, signaling between brain regions important for controlling attention, working memory and more was disrupted. Specifically, internet ‘addiction,’ which was initially conjured up by (psychiatrist) Ivan K. Goldberg in 1995 as a joke. Das wasn’t involved in the study. “Overall, the mechanisms underlying internet addiction are more like an emerging pattern than a finished picture,” Chang said. “Similar to substance and gambling disorders, internet addiction rewires the brain, making it harder to resist internet related stimuli,” he added.

Persons: ”, Max Chang, ” Dr, David Ellis, Ellis, wasn’t, Ivan K, Goldberg, ’, ” Ellis, isn’t, Eva Telzer, ” Telzer, Smita Das, Das wasn’t, Caglar, Yildirim wasn’t, ” Chang, Chang, Yildirim, Das, ” Das, “ Organizations: CNN — Teens, Mental Health, Brigade, Family Service, University of Bath’s Institute for Digital Security, Disorders, University of North, Chapel Hill, Stanford Medicine, Khoury College of Computer Sciences, Northeastern University, American Psychiatric Association, APA Locations: San Francisco, United States, Asia, China, University of North Carolina, Chapel, California, Boston, APA’s

☆ The best hidden gems to visit in Spain, Italy, France, and Greece, from someone who's been to every European country
▼ + stars: | 2024-06-04 | by ( Maria Noyen | ) www.businessinsider.com time to read: +6 min

If so, we'll take a wild guess that you're visiting either Spain, Italy, France, or Greece. Here, Abbamonte shares a few alternatives to popular tourist hot spots that anyone visiting Spain, Italy, France, and Greece should check out. In Spain, forget Barcelona or Madrid and explore the cliffside city of RondaRonda is a historic city in Spain's Andalusia region. Related stories"I've done a lot of road trips around the north of Spain," Abbamonte said. AdvertisementOne of his favorites is Biarritz, a seaside hub known for its surfing culture in the Basque region of France.

☆ Databricks acquires data optimization startup Tabular in fresh challenge to Snowflake
▼ + stars: | 2024-06-04 | by ( Jordan Novet | ) www.cnbc.com time to read: +4 min

Data analytics software maker Databricks said in a statement on Tuesday that it's acquiring Tabular, a startup that helps optimize data stored in the cloud. The gesture could help Databricks more quickly bring out products as it faces competition from Snowflake and other entities. Databricks is paying over $1 billion to buy Tabular, Databricks CEO Ali Ghodsi said in an interview. Snowflake was also bidding on Tabular, as was Confluent , a person familiar with the matter told CNBC. Focusing more on Iceberg tables might allow Databricks to take business from Snowflake clients that embrace the format.

Persons: Ali Ghodsi, Databricks, Snowflake, Ryan Blue, Dan Weeks, Okta, Mike Scarpelli, Morgan Stanley, Ghodsi, Andreessen Horowitz, Frank Slootman's, Jefferies, Brent Thill Organizations: Databricks, Summit, Street Journal, CNBC, Developers, Netflix, Salesforce, Amazon, Services, Monday, Zetta Venture Partners Locations: San Francisco, Snowflake, Delta

☆ 16 rising stars of sports betting and gaming who are driving growth areas like responsible gaming, micro betting, and pick 'em fantasy
▼ + stars: | 2024-06-04 | by ( Ashley Rodriguez | Tiara White | ) www.businessinsider.com time to read: +2 min

Richard Taylor helped build BetMGM's responsible-gaming departmentRichard Taylor. He knew working in responsible gaming could bring a lot of good to the industry. He was previously the director of responsible gaming at MGM Resorts International and moved almost four years ago to BetMGM, where he currently serves in the same role. "I was fortunate enough to be selected to be the first director of responsible gaming," he told BI. He said this excited him because he could take the knowledge he obtained over the years to hopefully help young staff build good habits.

Persons: Richard Taylor, Mitchell Ternay, Taylor Organizations: MGM Resorts International, San Diego Padres, Las Vegas Locations: Las Vegas, Taylor

☆ Xabi Alonso: ‘Not winning treble with Bayer Leverkusen will make me a better manager’
▼ + stars: | 2024-06-04 | by ( Amanda Davies | ) edition.cnn.com time to read: +9 min

Xabi Alonso and Bayer Leverkusen are a living, breathing testament to that. “During the first weeks of the competition, I had a good feeling that we could make a good season. “For sure, I was not that optimistic that we could fight until the last week, but that we could have a good season? Could Leverkusen become just the second German team in history to complete a treble after Bayern Munich? “For the whole of Europe or even the whole world to see how good the teams are, how good the players are … it’s really, really important.

Persons: it’s, Xabi Alonso, they’ve, ‘, ’, ” Alonso, Amanda Davies, Alonso, ”, “, Francis Gonzalez, Granit, Victor Boniface, Florian Wirtz, Jeremie Frimpong, Ina Fassbender, “ We’re, Alonso applauds, Alex Grimm, It’s, Atalanta, That’s, Premier League …, Hesham, Jeremie, Frimpong, ” It’s, Vincent Kompany, Arne, he’d Organizations: Italy CNN, Bayer Leverkusen, CNN, Globe Soccer, “, Real Madrid’s, Real, Sociedad, Real Sociedad, Real Sociedad B, Bundesliga, Champions, Champions League, Bayern Munich, –, Leverkusen, Real Madrid, League, Getty, Augsburg, Invincibles, Benfica, Atalanta, Europa League, Kaiserslautern, Leverkusen's Europa League, Borussia Dortmund, ‘ Farmers League, Liga, Premier League, – Bayern Munich, Liverpool Locations: Sardinia, Italy, AFP, Germany, Europe, Dortmund, San Francisco, Delhi, Liverpool, Merseyside

☆ Biden's new immigration executive order could tighten labor markets, but ease supply chain bottlenecks
▼ + stars: | 2024-06-04 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +8 min

Mike Blake | ReutersSince 2019, immigration has added 2 million workers to the U.S. labor supply, according to an April analysis by Tedeschi. Without immigrants, Tedeschi estimated that the size of the U.S. labor supply would have shrunk by 1.2 million during that period. The short answer is that this executive order will probably not increase inflation. Some experts say the executive order could bring down costs by smoothing out the U.S.-Mexico supply chain. Biden's executive order could help clear some of these supply chain bottlenecks.

Persons: Joe Biden, Leah Millis, Joe Biden's, Biden, Andrés Manuel López Obrador, Jose Luis Gonzalez, Ernie Tedeschi, Tedeschi, Trucks, Daniel Becerril, Donald Trump, I'd, Mike Blake, Tara Watson, Guillermo Arias, Jerry Pacheco, It's, Pacheco, Watson, Trump, Saul Loeb Organizations: White, . Border Patrol, Department of Homeland Security, NBC, Texas National Guard, Reuters, United, Yale University's, White House Council, Economic Advisers, Customs, Brookings, Immigrants, AFP, Getty Images Shipping, Border Industrial Association, Getty Locations: U.S, Mexico, Washington , U.S, United States, Texas, Ciudad Juarez, Nuevo Laredo, Biden's, San Diego , California, Mesa Port, Tijuana , Mexico, New Mexico, Calexico , California

☆ Biden expected to immediately use new asylum restrictions in sweeping measure
▼ + stars: | 2024-06-04 | by ( Priscilla Alvarez | Donald Judd | ) edition.cnn.com time to read: +7 min

Biden unveiled the sweeping executive action Tuesday afternoon at the White House, attempting to use executive action to affect the situation on the border after a bipartisan measure failed earlier this year. The new executive action bars migrants who cross the border illegally from seeking asylum – a departure from decades-long protocol – once a daily threshold is met. Senior administration officials told reporters Tuesday it would be lifted when there’s a daily average of less than 1,500 encounters in between ports of entry. Senior administration officials acknowledged that federal resources are strained, which could pose a challenge, but they maintain that the measure will help them remove people more quickly. Senior administration officials Tuesday cited the measure as a tool to help head off that potential increase.

Persons: Washington CNN —, Biden, Joe Biden, Donald Trump, ” Biden, Jose Luis Gonzalez, Critics, Trump, they’re, Gregory Bull, ”, “, There’re Organizations: Washington CNN, White House, White, Republicans, Homeland Security, Texas National Guard, Reuters Homeland Security, Customs and Border Protection, Border Patrol, Trump, AP, “, Migrants Locations: Mexico, United States, Ciudad Juarez, Trump’s, San Diego, Cuba, Haiti, Nicaragua, Venezuela

☆ 4 things to do as soon as layoff rumors hit the office, according to an HR professional with 20 years' worth of experience
▼ + stars: | 2024-06-04 | by ( Alyshia Hull | ) www.businessinsider.com time to read: +5 min

Read previewThis as-told-to essay is based on a conversation with Leigh Henderson, a 42-year-old CEO of HR Manifesto, in San Antonio. I worked as an HR leader for nearly 20 years, supporting a handful of Fortune 100 organizations. Then after navigating a shocking layoff myself, I started HR Manifesto, a community on TikTok. AdvertisementAfter working in HR, here are four things I'd tell my friends to do if they heard rumors of layoffs happening in their office. AdvertisementIf you're an HR professional with advise on how to navigate the workplace during difficult times, and want to share your story, email Manseen Logan at mlogan@businessinsider.com.

Persons: —, Leigh Henderson, there's, you've, it's, what's, Manseen Logan Organizations: Service, Business, HR Locations: San Antonio, TikTok, mlogan@businessinsider.com

☆ MLB bans Padres’ Tucupita Marcano permanently for betting on baseball
▼ + stars: | 2024-06-04 | by ( Lukas Weese | ) www.nytimes.com time to read: +4 min

Major League Baseball permanently banned San Diego Padres infielder Tucupita Marcano on Tuesday for placing hundreds of bets on baseball, including wagers on the Pittsburgh Pirates when he was a member of the team last season. MLB’s Department of Investigations found Marcano placed 387 baseball bets, including 231 MLB-related bets, through a legal sportsbook in 2022 and 2023, the league said. The Department of Investigations found all four players placed MLB-related bets while in the minors. MLB said a legal sports betting operator informed the league in March that it had “identified past baseball betting activity” from accounts connected to multiple players. He placed 29 baseball bets, including 28 MLB-related bets and one parlay bet on college baseball games in 2021 and 2022, the league said.

Persons: Tucupita Marcano, Marcano, Pete Rose, Rob Manfred, Michael Kelly, Jay Groome, José Rodriguez, Andrew Saalfrank —, ”, Kelly —, Marcano hadn’t, Kelly, Groome, Rodríguez, Saalfrank, Zac BonDurant Organizations: Major League Baseball, San Diego Padres, Pittsburgh Pirates, MLB’s Department of Investigations, MLB, Pirates, Cincinnati Reds, Major League, Oakland Athletics, Padres, Philadelphia Phillies, Arizona Diamondbacks, Department, Investigations, ’, A’s, Marcano, Houston Astros, Boston Red Sox, Triple, Phillies, Chicago White, Diamondbacks, Getty

☆ Lyft's CEO faces pushback after driving for the app and posting about how great it was
▼ + stars: | 2024-06-04 | by ( Alex Bitter | ) www.businessinsider.com time to read: +4 min

Read previewSome Lyft drivers are deriding a LinkedIn post by the company's CEO after he spent an hour and a half shuttling customers around Napa Valley over the weekend. The CEO, David Risher, posted on Monday about a series of rides he completed in California's wine county. Related storiesSome comments on the post lauded the CEO for seeing what the job that keeps his company running is actually like. "Some people claim that Lyft drivers are friendlier, but that's a misconception since most of us drive for both companies." AdvertisementA Lyft spokesperson told Business Insider that Risher completed the rides without a status boost under the Lyft Rewards program.

Persons: —, David Risher, Risher, LinkedIn Risher, Lyft, Uber, commenter, Dara Khosrowshahi, He's, Khosrowshahi Organizations: Service, Lyft, Business, LinkedIn, Gilbert AZ, Tempe AZ, Drivers Locations: Napa Valley, California's, Napa, Gilbert, San Francisco

☆ CNBC TechCheck Evening Edition: June 3, 2024
▼ + stars: | 2024-06-03 | 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 TechCheck Evening Edition: June 3, 2024CNBC's TechCheck brings you the latest in tech news from CNBC's 1 Market in the heart of San Francisco.

Persons: TechCheck Organizations: CNBC Locations: San Francisco

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