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☆ Trump versus Harris: What the November election means for defense stocks
▼ + stars: | 2024-10-09 | by ( Brian Evans | ) www.cnbc.com time to read: +9 min

No matter who voters choose, whether it is former President Donald Trump or Vice President Kamala Harris , Liwag doesn't expect a meaningful shake-up in the outlook for defense stocks. Still, the analyst notes that even cases where an administration cuts defense spending, stocks can still carve out gains. During the Obama administration, the defense budget fell 3.3%, but defense stocks gained 2.1%. The defense stocks Morgan Stanley covers have outperformed the S & P 500 since Russia's invasion of Ukraine, Liwag said. "Historically, the conventional wisdom has been that Republicans are positive for defense spending and defense stocks, while Democrats are negative," Harned said.

Persons: Bernstein, Douglas Harned, Lockheed Martin, Morgan Stanley, Kristine Liwag, Donald Trump, Kamala Harris, Liwag, Bernstein's Harned, Harned, Harris, Wolfe Research's, Tobin Marcus, Marcus, Ronald Epstein, Epstein, Trump, Northrop, Obama, Northrop Grumman, Morgan Stanley's, Michael Ciarmoli, Truist, Leonardo Organizations: P Aerospace, Defense, Industry, L3Harris Technologies, Lockheed, CNBC, " Bank of America, Democratic, Senate, Republican, U.S . House, Trump White House, Republican Senate, Trump, Abrams, Space Force, Northrop Grumman, General Dynamics, Hamas, Dynamics, Northrop, Gulfstream, Leonardo DRS, Moog, Republicans Locations: Ukraine, U.S, Russia, Crimea, Iran, Israel

☆ Mountain Dew is putting the mountain back in its logo
▼ + stars: | 2024-10-09 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +4 min

New York CNN —“Mtn Dew” is getting a makeover, with the word “mountain” reappearing on cans and bottles following a roughly two-decade-long hiatus. “Mountain Dew appears ready to shake off the adrenaline rush that has defined the brand’s marketing for almost two decades, when a key strategy was to market Dew like an energy drink to an energy drink crowd,” Duane Stanford, editor and publisher of Beverage Digest, told CNN. A major change in marketing is essential for Mountain Dew. The new look for Mountain Dew is more about an “evolution and nurturing that we wanted to give to this beloved franchise,” said JP Bittencourt, vice president of marketing at Mountain Dew. “This design has been in the works for some time, so this is not a response to anybody.”A rebrand could also attract drinkers that have perhaps forgotten about Mountain Dew.

Persons: ” Duane Stanford, Spelling, ”, Mauro Porcini, Porcini, ” Porcini, Stanford, Ramon Laguarta, ” —, Bittencourt Organizations: New, New York CNN —, Mtn, PepsiCo, CNN, Beverage Digest, Mist, Dew, Rockstar Energy Locations: New York, North America, Tennessee Smoky

☆ Watch CNBC's full interview with Shake Shack CEO Rob Lynch and Union Square's Danny Meyer
▼ + stars: | 2024-10-09 | 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 EmailWatch CNBC's full interview with Shake Shack CEO Rob Lynch and Union Square's Danny MeyerRob Lynch, Shake Shack CEO, and Danny Meyer, Union Square Hospitality Group founder, join 'Money Movers' to discuss overall restaurant demand, why earlier reservations are doing better, and much more.

Persons: Rob Lynch, Danny Meyer Rob Lynch, Shake, Danny Meyer Organizations: Shake Shack, Union, Square Hospitality Group

☆ Foreign adversaries will try to cast doubt on election results after Nov. 5, U.S. intel officials say
▼ + stars: | 2024-10-08 | by ( Dan De Luce | Dan De Luce Is A Reporter For The Nbc News Investigative Unit. | ) www.nbcnews.com time to read: +4 min

Foreign adversaries will try to shake Americans’ confidence in the legitimacy of election results in November by giving voice to false claims or spreading their own disinformation about ballot counting, U.S. intelligence officials said Tuesday. In its latest assessment of foreign threats to the election, intelligence officials said the main foreign powers seeking to shape the outcome of the vote — Russia, China and Iran — also were focusing on meddling in congressional and state races. China’s election influence efforts were focused on “tens” of races, with Beijing denigrating particular candidates with a variety of social media and other online activities, the intelligence official added. Officials also said foreign adversaries are getting more skilled at using Americans to spread their manufactured falsehoods. Intelligence officials reiterated that Russia’s disinformation campaign is directed at undermining Vice President Kamala Harris and her fellow Democrats as Moscow seeks to undercut Western support for Ukraine.

Persons: ”, Iran —, “, Kamala Harris, Donald Trump’s, Joe Biden, Biden Organizations: Intelligence, Ukraine, Democratic Locations: Russia, China, Iran, U.S, Cuba, Havana, Ukraine, Kyiv, Beijing, Moscow

☆ NFL Week 5: All the crazy way teams scored (and won)
▼ + stars: | 2024-10-07 | by ( Andrew Greif | Andrew Greif Is A Freelance Sports Journalist. | ) www.nbcnews.com time to read: +3 min

In Week 5, scoring returned — and, in several cases, it happened in some of the oddest and most unexpected ways. The Jacksonville Jaguars’ Tank Bigsby was first hit 14 yards from the end zone by one Indianapolis Colts tackler and appeared to be wrapped up by another at the 11. Yet, with two teammates pushing him forward, he wound up with a touchdown instead of a short gain, a score that became part of Jacksonville’s first victory. Two minutes before halftime, Green Bay Packers quarterback Jordan Love dropped back into his end zone and was shoved with two hands — but not sacked for a safety — by a chasing Rams defender. Officially, he went 101 yards, 18 yards longer than Seattle’s previous franchise record for a fumble return.

Persons: —, Bigsby, Jordan Love, Still, Love, Deommodore Lenoir, Patrick Surtain II, Gardner Minshew, Minshew, Minshew’s, Aidan O’Connell, Lamar Jackson, Isaiah, Eric Gray, Gray, Rayshawn Jenkins, Jenkins, Isaiah Simmons, Bryce Ford Organizations: NFL, Jacksonville Jaguars, Indianapolis Colts, Green Bay Packers, Rams, San Francisco 49ers, San, Las Vegas Raiders, Denver Broncos, Raiders, Baltimore Ravens, Cincinnati, Sunday, Seahawks, Giants, Seattle, Wheaton Locations: Jacksonville’s, Los Angeles, San Francisco, Arizona, Seattle

I've wanted Home Depot's 12-foot skeleton since it first was a thing. (See our "alternatives" section below if you can't get your hands on the 12-foot skeleton.) James Brains/Business InsiderThe 12-foot skeleton didn't just arrive via the classic FedEx or UPS. While it's quite cumbersome, someone might try to steal your 12-foot skeleton, which only weighs about 60 pounds. The 12-foot skeleton has become a landmark in my neighborhood.

Persons: I've, it's, Skelly Skelly, Skelly, James Brains, Jack Skellington, Erin Brains, Skelly Ripa, Skelloncé, MaSkully Skullkin, We've, we've Organizations: Business, Bowl, Skelly The East, Skelly The East Lansing Home Depot, FedEx, UPS, Depot Locations: Skelly The East Lansing

☆ UK Prime Minister Keir Starmer attempts government reset less than 100 days into office
▼ + stars: | 2024-10-07 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +4 min

Britain's Prime Minister Keir Starmer speaks at a press conference, during his visit to the European Commission headquarters on October 2, 2024 in Brussels, Belgium. LONDON — British Prime Minister Keir Starmer is seeking to reset his government and recover from a shaky first 100 days in office beset by policy misfires, doom mongering and a "freebie" scandal. "A challenge for the prime minister lies in the fact No. Keir Starmer now needs to show he's got control," he added. Former Finance Minister Jeremy Hunt has denied the claims as "fictitious."

Persons: Keir Starmer, Starmer, Sue Gray, Gray, Morgan McSweeney, Downing, James Lyons, Phillip Blond, thinktank, Tony Travers, Travers, he's, Rachel Reeves, Reeves, Jeremy Hunt Organizations: Britain's, European Commission, LONDON, Labour, CNBC, London School of Economics, Labour Party, Conservative, Treasury, Conservative Party, Former, Citi, KPMG, Employment Locations: Brussels, Belgium, TikTok, Ukraine

☆ The problem — and opportunity — with Wall Street downgrades of Apple and Amazon
▼ + stars: | 2024-10-07 | by ( Zev Fima | ) www.cnbc.com time to read: +7 min

A couple of analyst downgrades are making the rounds Monday on megacap stocks that rarely see ratings cuts: Apple and Amazon. At Jefferies, analysts downgraded Apple to a hold but increased the price target to $213 apiece from $205. It also presents a problem for investors who see the downgrades as a reason to sell some shares. After all, you'll be hard-pressed to find companies anywhere more in charge of their own destinies than Apple, Amazon — or any of the Super Six (Meta, Nvidia, Alphabet, Microsoft). Apple and Amazon aren't where they are because of luck, but rather because they make their own luck.

Persons: downgrades, They're, Jim Cramer, I'm, Jim, you've, it's, Philip Fisher, Apple, Jim Cramer's, Michael M Organizations: Jefferies, Apple, CNBC, Apple Intelligence, Wells, Nvidia, Microsoft, Amazon, Jim Cramer's Charitable, Fifth, Santiago, Getty Locations: Wells, New York City

☆ Adtech is undergoing an exec shake-up as investors seize control and startups enter a new era
▼ + stars: | 2024-10-07 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +9 min

Louisa Wong stepped down as chief executive of Gamut Capital-owned XR Xtreme Reach in August. In July, Dave Clark left his role as chief executive of Triplelift. Those experts — bankers, adtech executives, and consultants — told Business Insider that the revolving door is likely to continue over the next six months as investors press adtech companies for growth. AdvertisementAs TV viewing grew fragmented, several adtech companies that took on investment in recent years positioned themselves as rivals to ratings giant Nielsen. The increasing complexity for advertisers offers opportunities for adtech companies to innovate.

Persons: —, there's, Louisa Wong, Chandler Bigelow, Doug Knopper, Jo Kinsella, Dave Clark, Triplelift, Eric Roza, Ross McCray, Peter Liguori, Axios, Chris Karl, Blackstone, Mark Wright, Wright, Karl, JEGI, Prohaska's Wright, Nielsen, hasn't, There's, Megan Clarken, Criteo, Domenic Venuto Organizations: CTV, Service, Vista Equity, Vista Credit Partners, Google, Prohaska Consulting, Public, CIL Management, Amazon, Nielsen, Walmart, Progress Partners, Horizon Media

“When you’re a regular person and you’re going on to your email job during the day and then every time you take a dopamine break on your phone, you’re getting hit by ‘You’re not fashionable enough. Everyone is overconsuming to keep upWhen shopping for clothes, Martinson is almost exclusively a thrifter. “They’re grasping at straws, just throwing something at the wall to see what sticks.”The new mall is TikTok ShopFast fashion was the first harbinger of the death of personal style, Thomas said. If you’re going to buy a clothing item, think of three outfits you can wear it with. Pre-Industrial Revolution habits of secondhand shopping, mending old clothes and keeping things around are coming back.

Persons: Fiza Faheem, ”, Faheem, microtrends, XCX’s, They’ve, Instagram, Dejeuné Harris, you’re, ‘ You’re, it’s, Alana Martinson, Dana Thomas, “, Luke Meagher, Tamika Smith, Harris, I’m, “ I’m, TikTok, ” Harris, Thomas, ” Thomas, “ We’d, Zara …, ” Martinson, Hope, ” Meagher, they’ve Organizations: University of York, Washington , D.C, YouTube Locations: Washington ,, Zara, ”, U.S, TikTok

☆ Harris weighs more breaks with Biden as he keeps injecting himself into the campaign
▼ + stars: | 2024-10-06 | by ( Edward-Isaac Dovere | ) edition.cnn.com time to read: +13 min

Neither aides in the Harris campaign nor the Biden White House would commit to another joint campaign event between now and the election. President Joe Biden speaks during a news conference in the Brady Press Briefing Room at the White House on October 4, 2024. “Joe Biden has delivered a whole lot for Pennsylvania — especially when it comes to infrastructure, energy jobs. “I don’t think president and the vice president are going to be exactly the same on every issue. “The president is all in to help get the vice president elected,” the senior adviser said.

Persons: Kamala Harris, Joe Biden, Harris, Biden, he’d, they’re, Donald Trump’s, “ I’ll, Tim Walz’s, Ohio Sen, JD Vance, hasn’t, Harris ’, Helene, ”, she’s, Debbie Dingell, “, Joe Biden ’, we’ve, ” Biden, “ She’s, dismissively, Florida Sen, Marco Rubio, Andrew Harnik, Liz Cheney’s, The Trump, bigfooted Harris, He’s, Mitch Landrieu, “ They’ve, ” Trump, Trump, Donald Trump, Josh Shapiro, “ Joe Biden, Brendan Boyle, ” Boyle, Arizona Sen, Mark Kelly, John Modlin, Rebecca Noble, ” Harris ’, Kelly, I’m, ” Kelly, he’s, can’t, don’t, “ That’s, ” CNN’s Gregory Krieg Organizations: CNN, White, Biden, Minnesota Gov, Michigan, Trump, Florida, Democratic, Biden White, Democratic Pennsylvania Gov, ” Democratic, US Border Patrol, Getty, Democrat, West Locations: Milwaukee, Pennsylvania, Germany, Angola, Minnesota, what’s, North Carolina, Michigan, Israel, Brady, Detroit, Trump, Philadelphia, Mexican, Mexico, US Border Patrol Tucson, Douglas , Arizona, AFP

☆ Turn vegetables from a necessary side to a main attraction
▼ + stars: | 2024-10-05 | by ( Madeline Holcombe | ) edition.cnn.com time to read: +8 min

With a full harvest of colder-month produce in the grocery store, here is how you can fall in love with vegetables. The crispy outside is nice, but it is important to pair that with a tender inside when it comes to these winter vegetables, Chambers said. Caroline Chambers' Harissa Roasted Veggies demonstrates how you can add some flavor to your dishes once you have cooked your veggies right. Remove the roasted veggies from the oven and transfer to a cooling rack. Spread a nice spoonful of whipped feta over the bottom of a bowl or plate and top it with a pile of roasted veggies and a sprinkle of nuts.

Persons: Caroline Chambers, Cook, Chambers, Eva Kolenko, “, they’re, ”, “ That’s, “ You’re, ” Chambers, burrata Organizations: CNN, & Co, Union Square & Co Locations: Carmel Valley , California, brussels

☆ As forex markets await political shocks, one tipping point could lead to a 'catastrophic trade' that unwinds markets
▼ + stars: | 2024-10-05 | by ( Laila Maidan | ) www.businessinsider.com time to read: +6 min

The yen carry trade unwind in August led to a temporary market pullback and recovery. AdvertisementThe foreign exchange market has been eerily quiet since the yen carry trade unwind. Much of the moves from the yen carry unwinding witnessed in August happened at this layer, Barrett said. But what we've seen in the yen carry trade is only the beginning, Barrett said. "Now, you may not think that's a yen carry trade, but it's absolutely the purest yen carry trade because all of that pension fund money started off as yen," Barrett said.

Persons: —, David Barrett, allocators, unwinding, Barrett, It's, it's, Harris, David, Trump Organizations: Service, EBC Financial, Bank of, Bloomberg, Big Tech, Nvidia Locations: Bank of Japan, Japan

☆ How China's stimulus could provide a boost to new CEOs at Nike and Starbucks down the line
▼ + stars: | 2024-10-05 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +5 min

Brian Niccol and Elliott Hill are taking over Starbucks and Nike , respectively, just as a key market that weighed on their predecessors gets a boost. As China's economic stimulus takes shape, it could end up helping these global brands. Nike and Starbucks in China While the exact plans for Niccol and Hill are still unclear, the Chinese market seems like it will be an area of focus. At Starbucks, the company's leadership team in China has already been reshuffled since Niccol took over in September. Still, a rebound for China's consumer won't necessarily boost sales for Starbucks and Nike without better execution.

Persons: Brian Niccol, Elliott Hill, Hartmut Issel, Niccol, Matthew Friend, Hill, Chen Luo, Ellen Hazen, . Putnam, Hazen, Eric Clark, I'd, it's, Clark, America's Luo, — CNBC's Michael Bloom Organizations: Starbucks, Nike, Bank of America — Nike, UBS, Bank of America, CNBC, Brands, Bank, America's Locations: China, United States, Niccol, .

Week 5 of the NFL season is here and we have a full slate of intriguing storylines to follow, led by a pair of players facing former teams. While Rodgers has the accolades, Minnesota's Sam Darnold has been the better quarterback so far this season. Cardinals (1-3) at 49ers (2-2)The 49ers’ offense has been banged up, but it rebounded last week in a win over New England. An NFL All-Pro four consecutive years while in Buffalo, Diggs is averaging a career-low 9.3 yards per catch in Houston. That’s not a good sign for a defense that has allowed 26.0 points per game, the fifth-highest average.

Persons: Sam Darnold, Stefon Diggs, Josh Allen, Aaron Rodgers, Rodgers, Minnesota's Sam Darnold, Jayden Daniels, Tyler Huntley, Jacoby Brissett, Jordan Love, that’s, Chiefs haven’t, Rashee Rice, Isiah Pacheco, —, Stefon, Texans ’ wideout, Diggs, C.J ., Nico Collins, It’s, Anthony Richardson, Richardson, Jonathan Taylor, Trevor Lawrence, Bryce Young, Caleb Williams, Davante Adams, Maxx Crosby, Adams, Gardner, Jakobi Meyers, Bo Nix, Nix, Geno Smith, Smith, Daniel Jones, Jones, Malik Nabers, Justin Fields, Russell Wilson, Wilson, Dallas ’, DeMarcus Lawrence, Micah Parsons Organizations: NFL, Minnesota, Vikings, Jets, Bills, Texans, Monday . Jets, NFC, York, Patriots, Broncos, Browns, Bengals, Cardinals, Washington . Dolphins, Dolphins, Pats, Ravens, AFC North, 49ers, New, NFC West . Packers, Rams, Packers, Chiefs, Saints, Kansas City, Colts, Jaguars, Indianapolis, Bears, Panthers, Raiders, Denver, Giants, Seahawks, Seattle, Detroit, Cowboys, Steelers, Pittsburgh, Dallas Locations: London, Baltimore, Cincinnati, New England, Orleans, Buffalo, Houston, C.J . Stroud , Houston, Jacksonville, Indianapolis, Carolina

☆ I'm a new mom and a recent cancer survivor. I have to make space for both the joy and the fear.
▼ + stars: | 2024-10-04 | by ( Autumn Gavora | ) www.businessinsider.com time to read: +6 min

I've learned that it's OK to make space for both. For the next year and a half, the same lymph node was flagged as suspicious, leaving me in a constant state of limbo. The lymph node that had caused me so much anxiety — the last holdout — was clear. Most of all, I've learned to enjoy the life that I was given a second chance to live. I've learned to cherish this incredible gift while hoping to be here with him as long as possible.

Persons: I've, —, Will Organizations: Service, Daily

☆ Jim Cramer's week ahead: CPI data and earnings from Delta, Domino's and major banks
▼ + stars: | 2024-10-04 | by ( Julie Coleman | ) www.cnbc.com time to read: +3 min

CNBC's Jim Cramer reviewed next week's top market-moving action, highlighting new consumer price index data and a slew of earnings reports as the season begins, including ones from Delta , Domino's and several major banks. The labor department will release September's CPI report on Thursday, and Cramer said investors who want a rate cut are hoping for a cool number. Friday brings the producer price index report, and like the CPI, this data will be a metric for the Fed's next decision, Cramer said. Big ticket financial earnings will also come out that day, including Wells Fargo , JPMorgan and Blackrock . He said banks represent the least expensive group on the market, and investors should use any weakness to buy them.

Persons: CNBC's Jim Cramer, Cramer, he's, Delta, Tesla Organizations: Wall, PepsiCo, General Motors, Federal, Big Tech, AMD, HP Enterprise, Big, JPMorgan, Blackrock Locations: Delta, Domino's, Wells Fargo

☆ A girl murdered in 2006 was just revived as an AI chatbot — and her family had no idea
▼ + stars: | 2024-10-04 | by ( Matthew Loh | ) www.businessinsider.com time to read: +9 min

Jennifer Ann Crecente, a high school girl murdered in 2006, recently reappeared as a chatbot on Character.ai. It had been 18 years since Jennifer Ann, a high school senior and Crecente's only child, was murdered by her ex-boyfriend in Austin. Grieving, Crecente had started a nonprofit in her name, working since 2006 to raise awareness for teenage dating violence. Drew CrecenteThe website also listed Jennifer Ann as an "expert in journalism" with expertise in video game news. "This is not quite impersonation in the sense that it seems transparent that it is an AI model," Conitzer said of the chatbot mimicking Jennifer Ann.

Persons: Jennifer Ann Crecente, —, Drew Crecente, Jennifer Ann, Crecente, she'd, I've, he'd, Jennifer Ann's, Brian, Brian Crecente, Character.ai, y3gvAYyHVY, Jennifer Ann chatbot, he's, they're, Cassie Lawrence, Vincent Conitzer, Conitzer, Sue Morris, Dana, they've, Morris, Noam Shazeer, Daniel De Freitas, Shazeer, De Freitas, Winni Wintermeyer, Elon Musk, Nicki Minaj, Ryan Gosling, Andreessen Horowitz, Dominic Perella Organizations: Service, Google, BI, Safety, Institute for, Oxford University, Farber Cancer Institute, Washington, Financial Times, Business Locations: Character.ai, Austin, San Francisco, Character.AI, Boston

☆ Medicare shake-up sends Humana stock down 23% in a week for its worst drop since 2009
▼ + stars: | 2024-10-04 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +3 min

Humana's stock is down 23% in its worst weekly drop since 2020 and biggest two-day decline since 2009. The drop comes as Medicare downgraded ratings on some of Humana's health insurance plans. The health insurer's shares are down 23% since the start of the week, marking its biggest weekly drop since 2020 and its biggest two-day decline in 15 years. Over those days, the stock declined 22%, the biggest two-day drop since the financial crisis in 2009. They said Medicare Advantage plans could see further pressure if Democrats win in the upcoming elections, which would hinder Humana's recovery.

Persons: —, It's, AJ Rice, Humana's downgrades Organizations: Service, Humana, UBS, Bank of America

The lead detective in the case, Brian Wharton, accepted the shaken baby syndrome diagnosis, and Roberson was arrested before an autopsy was even completed. Shifting scienceThe concept of shaken baby syndrome began in the 1970s. Hundreds of possible shaken baby and abusive head trauma cases are reported to hospitals in the U.S. every year, according to a nonprofit advocacy group. A Mississippi man on death row for a shaken baby diagnosis was resentenced to life in prison in 2018 after evidence was re-examined. "The shaken baby concept did not add up," Sween said.

Persons: Robert Roberson, Lester Holt, Greg Abbott, I've, I'm, Roberson, Abbott, Holt, Nikki, Brian Wharton, Wharton, Kate Judson, Judson, Andie Asnes, Asnes, Robert Dunham, Phillips, Gretchen Sween, Sween, Robert Organizations: NBC News, Texas Gov, NBC, Texas, Criminal Appeals, Prosecutors, Center, Integrity, Forensic Sciences, American Academy of Pediatrics, Yale School of Medicine, Child, National Registry Locations: Texas, East Texas, Dallas, U.S, Mississippi

☆ Google Search is about to see 'a pretty dramatic shift'
▼ + stars: | 2024-10-03 | by ( Hugh Langley | ) www.businessinsider.com time to read: +5 min

A Google VP said the updates are "a pretty dramatic shift from where we were before." Advertisement"From a user perspective, this is a pretty dramatic shift from where we were before," said Rhiannon Bell, vice president of user experience for Google Search, in a roundtable with reporters. Of course, it leads to questions about how Google Search rankings — an ever-changing, ever-elusive algorithm — will work with these new formats. Using Google Lens to searchGoogle is upgrading Lens, a feature that uses the phone camera to search for information about what it sees. "Today, 20% of all Google Lens searches are actually shopping-related, which is pretty interesting," said Lens product director Lou Wang.

Persons: —, Rhiannon Bell, Bell, Lou Wang Organizations: Google, Google VP, Service, Google's, Lens Locations: Lens

☆ OpenAI's latest funding round could be a bargain or a bust for investors
▼ + stars: | 2024-10-03 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +4 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The high-profile startup announced the closing of a $6.6 billion funding round that valued it at $157 billion. And more exits could be coming since OpenAI is reportedly working on allowing its employees to sell their shares in the company . Win McNamee and Didem Mente/Anadolu Agency via Getty Images; Jenny Chang-Rodriguez/InsiderIt's important to remember OpenAI's eye-popping valuation is just that … a valuation. Which gets us back to $157 billion OpenAI.

Persons: —, Elon Musk's, Josh Kushner's, Cathy Wood's, Chase, Here's, Mira Murati, Kevin Weil, Rob Price, OpenAI, Sam Altman, Win McNamee, Didem, Jenny Chang, Rodriguez, Brad Gerstner, Dan DeFrancesco, Hallam Bullock, Jordan Parker Erb, Milan Sehmbi, Amanda Yen Organizations: Business, Service, Elon, Elon Musk's SpaceX, Venture, Microsoft, Nvidia, Anadolu Agency, Getty, Big Tech Locations: Silicon Valley, New York, London

☆ Dating Apps Helped Me Find Love. Now They've Become a Total Scam.
▼ + stars: | 2024-10-03 | by ( Albert Fox Cahn | ) www.businessinsider.com time to read: +22 min

I spent some time alone after things ended, but by the end of 2012, I was ready to re-embrace online dating. Within a few years, my fellow millennials and I were reportedly spending 10 hours a week on dating apps. "Dating apps are designed to be a miserable experience," Stephanie Rodgers, the founder of the forthcoming dating app Verb, said. Increasingly, it feels like dating apps make things more monotonous and cumbersome to incentivize us to pay for upgrades. And while dating apps' cost in terms of harassment, threats, and violence is paid disproportionately by women, its financial cost is disproportionately paid by men.

Persons: —, I've, I'd, it's, undateable, Phil, begrudgingly, Tinder, Charlotte Fox Weber, Weber, Swiping, Koshiro, Stephanie Rodgers, Rodgers, you'll, we're, curt, It's, I'm Organizations: Congressional, New York Times, Harvard Law, Facebook, Match, The League, Upper East, Grand Central Locations: DC, Washington, Western Europe, East, Asia, Raya, Brooklyn, Americas

☆ TV personality La La Anthony on why you should have multiple streams of income: You're 'crazy if you only do one thing'
▼ + stars: | 2024-10-02 | by ( Renée Onque | ) www.cnbc.com time to read: +4 min

And TV personality La La Anthony says, "you'll be crazy if you only do one thing. You got to do multiple things and get multiple things going for yourself." "There was a time where you could only do one thing, or people only wanted you to do one thing," Anthony tells CNBC Make It. But I think now it's a different time, a different day, where everyone's doing multiple things." She suggests not allowing fear to creep in and cause you to think that you won't be able to balance multiple things you're passionate about.

Persons: La La Anthony, Anthony, isn't, we've, Get Organizations: MTV, Starz, CNBC, Amgen

☆ OpenAI's rivals are on the prowl after an exodus of high-level executives
▼ + stars: | 2024-10-02 | by ( Melia Russell | Ben Bergman | ) www.businessinsider.com time to read: +7 min

Investors are flocking to OpenAI, but it's losing high-level executives at an alarming rate. Suddenly, it's open season for OpenAI employees. Rivals like Anthropic and Perplexity are signaling to workers that they put mission over profits. Suddenly, it's starting to feel like open season for OpenAI employees. A recruiter said his search firm has fielded more interest from current OpenAI employees since the board's ouster of Sam Altman a year ago.

Persons: —, Mira Murati, Ilya Sutskever, Andrej Karpathy, John Schulman, Greg Brockman, Alex Klein, he's, Dan Miller, Tim Tully, Sam Altman, Jason Redmond, weren't, Klein, OpenAI, Jack Guez, Anthropic, Jan Leike, Schulman, Durk Kingma, Kingma, Matt Murphy, Arvind Jain, Jain, Matt Hoffman, Johnny Ho, Ho Organizations: Rivals, Service, OpenAI, LinkedIn, Menlo Ventures, Ark Venture Fund, Business, Getty, Google, Anthropic, Employees, Engineers Locations: OpenAI, AFP, Bay

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