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Oppenheimer raised its price target on Microsoft to $500 on the potential of increasing AI adoption. Shares of AT & T are up 9% on the year, but analyst Michael Rollins' $20 price target implies that shares could rise another 9%. Analyst Andrew Obin upgraded the Post-it and Scotch parent to buy from neutral and raised his price target by $15 to $120. Analyst Christopher Nardone upgraded the shoe maker to buy from neutral and raised his price target by $16 to $87. Analyst Jay Sole upped his price target on the clothing maker by $14 to $174, now suggesting upside of 43.4%.

Persons: Oppenheimer, Exxon, Neal Dingmann, Dingmann, aren't, — Spencer Kimball, Michael Rollins, Rollins, Lisa Kailai Han, BofA, Andrew Obin, William Brown, Michael Roman, Brown, Obin, — Alex Harring, Christopher Nardone, Nardone, Skechers, Jeffrey Zekauskas, Zekauskas, Huntsman, Benjamin Soff, Soff, Fred Imbert, PVH, Jay Sole, Calvin Klein, Tommy Hilfiger, Sole, Alex Harring, Morgan Stanley, Dara Mohsenian, Mohsenian, Anthony Chukumba, Chukumba, Gavin Parsons, Parsons, Tami Zakaria, Zakaria, Herc, Morgan, Tim Hsiao, Bernstein's Eunice Lee, NIO, America's Ming Hsun Lee, Timothy Horan, Horan, Rob Sanderson, Sanderson Organizations: CNBC, Microsoft, Loop, Exxon, Natural Resources, Citi, AT, VZ, Bank of America, Huntsman, JPMorgan, Deutsche Bank, UBS, Colgate, Palmolive, Loop Capital, UBS shaves, Boeing, Rentals, United Rentals, Herc Holdings, Wall, 3Q, Bank, OpenAI Locations: Truist, Guyana, OPEC, Thursday's, America's

☆ 3 easy ways a gut-health expert sneaks fermented foods into her diet
▼ + stars: | 2024-06-07 | by ( Kim Schewitz | ) www.businessinsider.com time to read: +1 min

Eating fiber and fermented foods is good for gut health and overall well-being. Fermented foods like kimchi, yogurt, and cheese boost gut microbiome diversity and immunity. AdvertisementYou might have heard by now that eating lots of fiber and fermented foods is good for your gut health. Most people already consume fiber, which is found in plants such as vegetables, beans, and nuts, but fermented foods such as kimchi and kombucha are less central to the average Western diet. A gut health dietitian shared tk easy ways to add more fermented foods to your diet.

Persons: — Organizations: Service, Business

☆ Alphabet's new CFO was in the middle of the GLP-1 boom. Now she's onto generative AI
▼ + stars: | 2024-06-06 | by ( Jennifer Elias | ) www.cnbc.com time to read: +10 min

Alphabet announced on Wednesday that Eli Lilly Chief Financial Officer Anat Ashkenazi will be its new CFO after an almost year-long search. Shares of Eli Lilly have soared 90% in the past year and are trading at a record. When she joined Eli Lilly in 2001, she came in through the company's new venture capital division, which was co-founded by her then-spouse Ron Laufer. Fastest growth in decadesFounded in 1876, Eli Lilly has long been one of the major U.S. pharmaceutical companies. But the last couple years have marked a period of historic growth for Eli Lilly due to the exploding popularity of GLP-1s.

Persons: Anat Ashkenazi, Eli Lilly Eli Lilly Alphabet's, Ruth Porat, Eli Lilly, Ashkenazi, it's, Eli Lilly's, David Ricks, Morgan Stanley, Sundar Pichai, Hollie Adams, Ron Laufer, John Smiley, Eli, It's, Trump, Eli Lilly's Covid, we're, Askhenazi, OpenAI's, Larry Page, Sergey Brin, CNBC's Eric Rosenbaum, Toby Lyles Organizations: San, San Francisco Bay Area, Google, Economic, Bloomberg, Getty, CNBC, Tel Aviv University, Hebrew University, U.S . Food, Drug, U.S . Department of Justice, FDA, Reuters, Employees, NBC Locations: U.S, Indiana, San Francisco Bay, Davos, Switzerland, Israel, biopharma, North Carolina, Germany, New Jersey

☆ Lauren Sánchez celebrated her son's graduation in a $2500 designer latex dress and gold jewelry
▼ + stars: | 2024-06-06 | by ( Amanda Krause | ) www.businessinsider.com time to read: +1 min

Lauren Sánchez has been celebrating her son Nikko Gonzalez's college graduation since May. In one video featured in the post, she's seen wearing a latex Versace dress and gold statement jewelry. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementLauren Sánchez is celebrating her oldest child's college graduation in style. The former news anchor and current fiancée of Jeff Bezos shared an Instagram video on Wednesday to applaud her son Nikko Gonzalez on his recent milestone.

Persons: Lauren Sánchez, Nikko Gonzalez's, she's, —, Jeff Bezos, Nikko Gonzalez Organizations: Service, Business Locations: Nikko

☆ Move over 'Magnificent 7,' the 'Fantastic 5' may offer higher earnings and return potential
▼ + stars: | 2024-06-06 | by ( Pia Singh | ) www.cnbc.com time to read: +6 min

Looking for a less risky way to find growth stocks amid all the artificial intelligence hype? Looking ahead, Thornburg expects the Fantastic Five's outperformance to continue, with the forward price-to-earnings ratio of the European group falling below the seven U.S. stocks starting in 2026 and running through 2028. The money manager also projected that the European group will increase earnings 18% a year over the next three years versus 14% for the "Mag 7." ASML, the biggest producer of the equipment used to manufacture semiconductors, makes "leading-edge" lithography equipment needed to produce AI chips, Anderson said. He manages the Thornburg International Growth Fund , a concentrated portfolio of high-quality companies based outside the U.S., which has gained 8.8% year-to-date.

Persons: Nicholas Anderson, Anderson, Thornburg, It's, it's, FactSet, ASML Organizations: Thornburg Investment Management, Novo Nordisk, ASML, LVMH, AstraZeneca, SAP, Nvidia, Big Tech, Microsoft, Apple, GLP, Nordisk, Taiwan Semiconductor, Bloomberg, Growth Fund Locations: U.S, Novo, Europe, Belgium

☆ Parents of teens competing at the 'Olympics of science fairs' share 5 parenting rules they live by
▼ + stars: | 2024-06-06 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +7 min

They had all won regional, state, or national science fairs and finally made it to the Regeneron International Science and Engineering Fair (ISEF) to compete for $9 million in prizes. It's nothing to do with science," Motwani said. Morgan McFall-JohnsenThe moms said their children were motivated to muscle through when their science fair projects got tough, simply because they liked doing it. Advertisement"Our lives actually revolve around science fair because this is something that my kids enjoy doing," Estrada said. Otherwise, he would work on science fair projects until 2 a.m., she said.

Persons: —, Morgan McFall, Johnsen, That's, Smriti Motwani, Divij, Ayush Garg, Divij Motwani, Johnsen Maria Estrada, Pauline, John, Estrada didn't, Estrada, he's, Motwani, Alexa Groff, Taylor, Groff, Maddux Alexander Springer, Pauline Victoria Estrada, Maria Estrada Estrada, It's, she's, Dexter Organizations: Service, Los Angeles Convention Center, Regeneron, Science, Engineering, Business, Fresno State, BI, ISEF, Oahu Locations: Los Angeles, Iowa, Fresno

☆ I study the world's 'Blue Zones': This is the No. 1 thing 20-year-olds looking to live longer should do
▼ + stars: | 2024-06-06 | by ( Renée Onque | ) www.cnbc.com time to read: +1 min

For two decades, Dan Buettner has studied longevity in places like Ikaria, Greece and Okinawa, Japan. While identifying the world's "Blue Zones," the five areas with the longest-living people, the researcher has studied what factors lead to prolonged lifespans. "The average 20-year-old female could live about 10 extra years if they ate a Blue Zone type diet," Buettner says, referring to a whole-food, plant-based diet. Men, he found, could live an extra 13 years if they eat like Blue Zone residents. Buettner says there is one key thing people in their 20s can do right now to boost their longevity.

Persons: Dan Buettner, Buettner Locations: Ikaria, Greece, Okinawa, Japan

☆ Netflix's Hit Man has a dark but satisfying ending. Here's how it compares to Gary Johnson's real-life story.
▼ + stars: | 2024-06-06 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +6 min

Read previewNetflix's "Hit Man" is based on the true story of former fake hitman Gary Johnson (Glen Powell) — but the ending is different from reality. Adria Arjona as Madison and Glen Powell as Gary Johnson in "Hit Man." Last year, Netflix bought "Hit Man" for $20 million to stream on their platform. In 'Hit Man,' Gary and Madison get away with killing two people and raise a family togetherAdria Arjona and Glen Powell in "Hit Man." The real Gary Johnson didn't murder anyone or marry MadisonAustin Amelio, Sanjay Rao, and Retta as New Orleans detectives Jasper, Phil, and Claudette in "Hit Man."

Persons: —, Gary Johnson, Glen Powell, Gary, Austin Amelio, Adria Arjona, Brian Roedel, Skip Hollandsworth, Richard Linklater, Powell, Linklater, Madison, Ron, empathizes, Jasper, Gary suffocates, Madison Austin Amelio, Sanjay Rao, Phil, Claudette, Johnson, Hollandsworth, Rick Kern, Netflix Powell, floodgate, It's Organizations: Service, New Orleans Police Department, Business, Madison, Netflix, Texas Monthly, Monthly, AGC, Gary, Texas, Getty, UPI Locations: New Orleans, Jasper, Madison, Gary

☆ An Army veteran spent 2 years looking for his missing son in the desert. Now, he's running for Congress.
▼ + stars: | 2024-06-06 | by ( Matthew Loh | ) www.businessinsider.com time to read: +10 min

Read previewEvery fortnight or so, David Robinson starts his YouTube livestream, upbeat and all smiles. "It's inexcusable for us to have as many missing persons cases in this country as we do," he said in a stream on March 10. David Robinson speaks about his run for US Congress on his YouTube livestream. In 2021, almost 40% of the 521,000 persons reported missing in the US involved missing persons of color. The International Commission on Missing Persons told BI it's "impossible" to estimate the average cost of a search and recovery operation.

Persons: —, David Robinson, Robinson, Daniel, It's, Robinson's GoFundMe, he's, He's, Joe Wilson, Daniel Robinson, David Robinson Robinson, undressed, who'd, Daniel ., hasn't, Daniel's, YouTuber Gabby Petito, Gabby Petito, HelpFindDaniel, Petito, Petito's, Tammy Phillips, Phillips, Wilson Organizations: Service, YouTube, Army, Business, Democratic, National, Police, Buckeye Police Department, BI, Twitter, Buckeye, TNS, ABACA, Reuters, Commission, Congress, US Locations: Arizona, South Carolina, Buckeye , Arizona, Tempe, Afghanistan, Texas, Robinson's district

☆ CNBC Daily Open: Nvidia pushes past $3 trillion
▼ + stars: | 2024-06-06 | by ( Abid Ali | ) www.cnbc.com time to read: +3 min

CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Nvidia passes AppleArtificial intelligence chipmaker Nvidia surpassed the $3 trillion market capitalization mark, pushing past Apple to become the second most valuable company behind Microsoft. Baron backs Musk's pay dealBillionaire investor Ron Baron has publicly defended Elon Musk's controversial $56 billion Tesla pay package. Elliott retakes SoftBank stakeElliott Management, an activist investor, has taken a $2 billion stake in SoftBank and is pushing for a $15 billion share buyback. In 2020, at Elliott's urging, SoftBank launched a $20 billion share buyback and asset disposal program.

Persons: Ron Baron, Elon, Baron, Elliott retakes SoftBank, Elliott, SoftBank, Son's, Archer, Goldman Sachs Organizations: New York Stock Exchange, CNBC, Nvidia, Nasdaq, Hewlett Packard Enterprises, Dow Jones, Treasury, Apple, Microsoft, Baron Capital, Elliott Management, Electric, FAA, Archer Aviation, Federal Aviation Administration, United Airlines Locations: New York City, U.S, Tesla, Delaware, SoftBank, Elliott's

☆ Elliott builds $2 billion position in SoftBank, pushes for buyback
▼ + stars: | 2024-06-05 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +3 min

Investment firm Elliott Management has rebuilt its position in Japanese conglomerate SoftBank and is pushing the Masayoshi Son-led firm to begin a $15 billion share buyback, according to a person familiar with the matter. The news, first reported by the Financial Times, sent SoftBank shares up as much as 6.3%. SoftBank shares have surged in recent months largely off the back of its Arm investment. SoftBank's Japanese shares trade at their highest level in decades. SoftBank launched a $20 billion share buyback and asset disposal program in 2020 during Elliott's initial campaign.

Persons: Son, Elliott, SoftBank, Elliot, Nabeel Bhanji, unfriendliness, WeWork Organizations: SoftBank Group Corp, University of Tokyo, Investment, Elliott Management, Financial Times, Tokyo Stock Exchange, Mitsubishi Fudosan, Toshiba, Dai Nippon Printing, Vision Locations: Tokyo, Japan, SoftBank, China

☆ Christina Applegate says MS made her depressed. I was too when first diagnosed, but I found a way out.
▼ + stars: | 2024-06-05 | by ( Lindsay Karp | ) www.businessinsider.com time to read: +5 min

On a recent episode of the MeSsy podcast, Christina Applegate said she doesn't enjoy living because of her multiple sclerosis (MS) battle. It took me 13 years to get diagnosed with multiple sclerosisSeven years ago, I received my official MS diagnosis after 13 years of pleading with doctors for an answer. AdvertisementIt took the author 13 years to get diagnosed with MS and an additional three years for the meds to start working on her symptoms. You begin comparing life before disease onset to your current capabilities, and you mourn the loss of everything in between. For the first three years, the infusions worsened every MS symptom I'd ever had.

Persons: Christina Applegate, Applegate, I've, I'd, — I'd, —, Christina, Jamie, Lynn Sigler, there's, Christina — Organizations: Service

☆ At 33, I was a new mom and couldn't move my hand. 3 years later, I got a diagnosis that changed everything.
▼ + stars: | 2024-06-05 | by ( Snehal Amembal | ) www.businessinsider.com time to read: +5 min

You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. "Jellyfish doo doo doo doo doo doo," the line from "Baby Shark Dance" kept playing on loop as my 11-month-old son looked at me expectantly, wanting me to wiggle my fingers and dance along. Three years later, at 36, I received a formal diagnosis — now with two children, the oldest was 3 and my second son was 18 months. I was on maternity leave, and at the time, I was working as an HR manager for a private healthcare organization. What brings me absolute joy, though, is when my kids are asked what their mom does.

Persons: Snehal Amembal, YOPD, Parkinson's, credit's, Mr Parkinson's Organizations: Service

☆ SoftBank shares jump up to 6.3% on report that Elliott Management's pushing for $15 billion in buybacks
▼ + stars: | 2024-06-05 | by ( Sheila Chiang | In Sheilachiang | ) www.cnbc.com time to read: +2 min

SoftBank Group Corp. is scheduled to announce its earnings figures on May 13. Elliott is lobbying for $15 billion worth of share buybacks, arguing that the buybacks will boost SoftBank's share price and "act as a sign of Son's confidence in his strategy," the Financial Times reported. SoftBank shares hit a high of 9,572 yen on Wednesday, 6.32% higher than its Tuesday closing price, according to LSEG data. Elliott had invested $2.5 billion in SoftBank in 2020 and sought share buybacks worth $20 billion along with governance changes, Financial Times reported that year. SoftBank Group declined to comment.

Persons: Toru Hanai, Elliott, SoftBank, Elliott's, Masayoshi Son Organizations: SoftBank Corp, SoftBank Group Corp, Bloomberg, Getty, SoftBank, Elliott Management, Financial Times, U.S Locations: Tokyo, Japan, SoftBank

☆ A baby boomer who saved over $2 million for retirement explains what he thinks he did right to make the system work for him
▼ + stars: | 2024-06-05 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +6 min

One in five older Americans have no retirement savings, Social Security doesn't feel like much of a guarantee, and the pension era is over. While the widespread shift over the last five decades to 401(k)s for retirement savings has meant some Americans can't afford the burden of being primarily responsible for their retirement finances, others have been able to work the system to their advantage. Throughout his nearly 40-year-long career in geology, he was able to sock away over $2 million for his retirement, even after putting multiple kids through college. He thinks some just didn't know much about 401(k)s during the switch from a pension or didn't understand them. Advertisement"If I had to tell people what to do, there's save big and save early — or save early, and it doesn't have to be big, but save early and you get all that compounding," Mark said.

Persons: Mark —, —, Mark, he's, it's, Roth Organizations: Service, Social Security, Bureau of Labor Statistics Locations: —

☆ With Paramount's long and winding sales process coming to an end, here's what comes next for the media giant
▼ + stars: | 2024-06-04 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

AdvertisementThe media giant, which owns Paramount Pictures and CBS, has been in the news as an acquisition target since late last year. Skydance might not be as recognizable a name, but the company's owner and CEO David Ellison is. It's "is Paramount big enough to survive on its own?" The rush to corner the market on data centers is a move by Big Tech to secure the keys to the coming AI kingdom. Big Tech, finance, and consulting jobs are becoming harder to come by, upending the job search for young people.

Persons: —, Donald Trump, Rebecca Zisser, Warner, David Zaslav, Byron Allen, David Ellison, Larry Ellison, he's, Phillip Faraone, Peter Kafka, That's, Larry Ellison's, Alyssa Powell, Savita Subramanian, Gary Shilling, Kitty, Keith Gill, Arif Qazi, Jason Zander, they'll, Apple's, Siri, Dominic Bugatto, that's, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover, Annie Smith Organizations: Service, Paramount, Business, Paramount Pictures, CBS, RedBird Capital Partners, KKR, Warner Bros . Discovery, Sony, Hollywood, Getty, Tech, Bank of America, Wall Street, GameStop, Google, Microsoft, Big Tech, BI, Washington Post, Hewlett Packard Enterprise Locations: China, India, Texas, New York, London

☆ Jill Biden has attended each day of Hunter Biden's trial so far. Melania Trump missed every day of Donald Trump's.
▼ + stars: | 2024-06-04 | by ( Laura Italiano | Brent D. Griffiths | ) www.businessinsider.com time to read: +4 min

First Lady Jill Biden walks into federal court in Wilmington, Delaware, on the first day of Hunter Biden's gun trial. "Happy Birthday," Hunter Biden was overheard telling the first lady at one point, according to The Washington Post. Hunter Biden and wife Melissa Cohen Biden enter federal court in Wilmington, Delaware for opening statements in his gun trial. Both the Biden trial and Trump hush-money trial featured testimony that close family members could find difficult to sit through. NEW POTUS statement as son Hunter Biden’s trial gets underway.

Persons: —, Jill Biden, Hunter, Biden, Melania Trump, Donald Trump's, Lady Jill Biden, Matt Slocum Jill Biden, Hunter Biden, Caleb Boggs, Melissa Cohen Biden, Matt Slocum, Abbe Lowell, Hallie Biden, Lowell, Judge Maryellen Noreika, Donald Trump, Eric, Donald Trump , Jr, Tiffany Trump, Republican Trump, Trump, Stormy Daniels, Playboy Bunny Karen McDougal, Hunter Biden’s, GS50fddvt8 — Kellie Meyer, Jill Organizations: Service, Business, The Washington Post, Trump, Republican, White Locations: Delaware, Manhattan, Wilmington , Delaware, Wilmington

The current leadership of Paramount Global presented a go-forward plan at the company's annual shareholder meeting Tuesday in the event a sale of the company doesn't happen. Redstone has been supportive of the Office of the CEO leadership team that has run the company since former CEO Bob Bakish stepped down in late April. The plan that Paramount Global shareholders are hearing on Tuesday will essentially serve as Redstone's alternate option if she chooses not to sell. "We'll be thoughtful with how we deploy capital, with our world-class content being the priority," said Robbins during the presentation Tuesday. On Tuesday, Robbins said the company has been "aggressively exploring all options" when it comes to partnerships with other streamers.

Persons: George Cheeks, Chris McCarthy, Brian Robbins —, —, David Ellison's, Shari Redstone, Bob Bakish, Robbins, Cheeks, McCarthy Organizations: Paramount, SAG, Paramount Global, CBS, Paramount Media Networks, Paramount Pictures, Media, RedBird Capital, KKR, CNBC, Amusements Locations: Los Angeles , California, U.S

☆ Meet Angelina Jolie and Brad Pitt's 6 children
▼ + stars: | 2024-06-04 | by ( Olivia Singh | ) www.businessinsider.com time to read: +13 min

AdvertisementVivienne Jolie-Pitt, Angelina Jolie, Zahara Jolie-Pitt, and Shiloh Jolie-Pitt at the world premiere of "Eternals" at the El Capitan Theatre in Hollywood on October 18, 2021. On her 18th birthday on May 27, Shiloh filed to legally change her name to Shiloh Jolie, TMZ and People reported. Knox, Zahara, Pax, Jolie, Vivienne, and Shiloh at the world premiere of "Maleficent: Mistress of Evil" in 2019. AdvertisementShiloh Jolie-Pitt, Zahara Jolie-Pitt, Angelina Jolie, Vivienne Jolie-Pitt, Maddox Jolie-Pitt and Knox Jolie-Pitt at the UK premiere of "Eternals" on October 27, 2021 in London, England. Vivienne is listed as "Vivienne Jolie" in the Playbill, but it's unclear if she legally changed her name.

Persons: —, Angelina Jolie, Brad Pitt, Jolie, Pitt, Maddox Jolie, Maddox, Yoon Suk, Stefani Reynolds, Rath Vibol, Maddox Chivan Thornton Jolie, Billy Bob Thornton, he'll, Maleficent, Jason Merritt, Zahara, Joe Biden, Yoon Suk Yeol, Kim Keon Hee, Zahara Marley Jolie, Christopher Jue, Disney Jolie, Kung, Shiloh, Kevin Winter, Robert Procop, Vivienne Jolie, Zahara Jolie, Shiloh Jolie, Jon Kopaloff, Pax, Matt Sayles, Invision, Jolie's, Oprah, tracksuits, Marilla, Marilla Sicilia, Vivienne, Doja, Hamilton Evans, He's, he's, Brad, Pax Jolie, Pax Thien, JC Olivera, Knox, Knox Léon Jolie, Issei Kato, Knox Léon, Vivienne Marcheline, Leon, Marcheline, Vivi, Marie Claire, Princess Aurora, Tigress, Knox Jolie, Karwai Tang, Getty Images Knox, Viv, isn't Organizations: Service, Miraval, Business, South, White, Getty, Pitt Foundation, Netflix, Vogue, Pitt, FBI, Yonsei University, British Vogue, Japan, Disney, Entertainment, El Capitan Theatre, Lexus, Spelman College, Spelman's Alpha Kappa Alpha, AP Pitt, Fair, Rome, Pax Thien Jolie, JR, Museum, Tolerance, BBC, REUTERS, Getty Images, Marvel, People Locations: France, Washington ,, Cambodia, Pitt's, Seoul, South Korea, British, Tokyo, Japan, Zahara, Ethiopia, Shiloh, Hollywood, Atlanta, Marilla Sicilia, Vegas, Vietnam, Paris, Knox, Los Angeles, London, England

☆ My family covered the bridesmaids' expenses at my daughters' weddings because it didn't seem right to ask the women to pay
▼ + stars: | 2024-06-04 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +5 min

Jordison, who worked as a school librarian and preschool teacher before retiring, said that when her daughters got married in the aughts, they opted to pay for all the bridesmaids' expenses. Related storiesFor her first daughter's wedding, Jordison said she knew they wanted to cover the bridesmaid expenses. She said for her first daughter's wedding they were able to have 400 guests, but opted not to do a sit-down dinner and didn't have any wedding favors. AdvertisementJordison said covering the bridesmaids' expenses was well worth it. They also say there are some costs bridesmaids expect to pay, like for their dress, while others should be optional or covered by the bride, like hair and makeup.

Persons: —, Jean Jordison's, Jordison, we're Organizations: Service, Business Locations: Iowa City , Iowa, bridesmaids

☆ Ericsson is shutting down its ad division, the latest in a long line of telco-adtech divorces
▼ + stars: | 2024-06-04 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +4 min

Read previewSwedish telecommunications-equipment company Ericsson plans to shut down Emodo, the advertising business it launched in 2017, multiple people familiar with the matter told Business Insider. "Emodo was created in a strategic play for Ericsson to provide our telco customers with monetization opportunities through digital advertising," an Ericsson spokesperson said in a statement. Emodo had only this year brought on a new team to help it build AI-powered ad solutions for connected TV. The closure of Emodo marks the latest in a long line of telco-adtech collaborations that have bitten the dust. The Singaporean telecoms company Singtel divested its Amobee adtech division to the adtech company Tremor International, now known as Nexxen, in 2022.

Persons: —, Emodo, Andrew Rutledge —, DoubleClick, Matt Prohaska, Prohaska Organizations: Service, Ericsson, Business, CTV, Samsung, Verizon, Yahoo, AOL, Microsoft, Singtel, Prohaska Consulting Locations: Xandr

☆ It's all unraveling at OpenAI (again)
▼ + stars: | 2024-06-04 | by ( Madeline Berg | ) www.businessinsider.com time to read: +10 min

In a statement to Business Insider, an OpenAI spokesperson reiterated the company's commitment to safety, highlighting an "anonymous integrity hotline" for employees to voice their concerns and the company's safety and security committee. Safety second (or third)A common theme of the complaints is that, at OpenAI, safety isn't first — growth and profits are. (In a responding op-ed, current OpenAI board members Bret Taylor and Larry Summers defended Altman and the company's safety standards.) "I have been disagreeing with OpenAI leadership about the company's core priorities for quite some time, until we finally reached a breaking point." (Altman and OpenAI said he recused himself from these deals.)

Persons: —, Sam Altman, Daniel Kokotajlo, OpenAI, Altman, Helen Toner, Tasha McCauley, Toner, McCauley, Bret Taylor, Larry Summers, Kokotajlo, Jan Leike, Ilya Sutskever, Leike, Stuart Russell, NDAs, Scarlett Johansson, lawyered, Johansson, " Johansson, I've, Sam Altman — Organizations: Service, New York Times, Business, Times, Twitter, Microsoft, The New York Times, BI, Street, OpenAI, OpenAI's, Apple Locations: OpenAI, Russian, Reddit

☆ Paramount and Skydance agree to terms of a merger deal
▼ + stars: | 2024-06-03 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +2 min

Paramount and Skydance have agreed to terms of a merger, CNBC's David Faber reported Monday. A Paramount special committee and the buying consortium — David Ellison's Skydance, backed by private equity firms RedBird Capital and KKR — agreed to the terms. The deal currently calls for Redstone to receive $2 billion for National Amusements, Faber reported Monday. Following the close of the deal, Skydance and RedBird would own two-thirds of Paramount, and the class B shareholders would own the remaining third of the company, Faber reported. The deal will not require a vote from the shareholders, which was part of the negotiations, Faber reported.

Persons: Skydance, CNBC's David Faber, — David Ellison's Skydance, KKR —, Shari Redstone, Faber, RedBird, Paramount's, Bob Bakish, George Cheeks, Chris McCarthy, Brian Robbins Organizations: Paramount, Columbia, —, RedBird Capital, KKR, Amusements, Apollo Global Management, Sony Pictures, National Amusements, Wall Street, CNBC, Apollo, Sony, Redstone, CBS, Showtime, MTV Entertainment Studios, Paramount Media Networks, Paramount Pictures, Nickelodeon Locations: Hollywood , California

☆ I am self-employed. I have no idea when I will be able to retire.
▼ + stars: | 2024-06-03 | by ( Ilene V. Smith | ) www.businessinsider.com time to read: +4 min

I had a number in mind, but it wasn't my ageWhen I thought about retirement, I had a specific number in mind. Plus, I wanted to travel as long as I was physically able to and continue going to the theater regularly. Now, AI is changing the way everyone does business, and I'm not sure if I'm willing or able to climb the steep learning curve ahead. The final — and perhaps most compelling — reason for me to retire is so I can pursue my passions. I don't need to announce my retirement, throw myself a retirement party, or give myself a gold watch.

Persons: I'm, I've Organizations: Service, Social Security

Below, we'll show you where to watch Mayor of Kingstown Season 3 (and how to get caught up on Seasons 1 and 2). Where to watch Mayor of Kingstown in the USMayor of Kingstown Season 3 returns to Paramount+ on Sunday, June 2. Paramount Plus Essential (Monthly Plan) Paramount Plus is perfect for viewers who want to stream CBS TV shows, local NFL games, and tons of content from Nickelodeon, Comedy Central, BET, and MTV. Shop at ParamountWhere to watch Mayor of Kingstown in Canada, the UK, Australia, and moreYou can also catch Mayor of Kingstown on Paramount+ in Canada, the UK, and Australia, among other regions. Paramount Plus Essential (Monthly Plan) Paramount Plus is perfect for viewers who want to stream CBS TV shows, local NFL games, and tons of content from Nickelodeon, Comedy Central, BET, and MTV.

Persons: Jeremy Renner's, we've, Mike McLusky, Renner, Hugh Dillon, Taylor Handley, Emma Laird, Tobi Bamtefa, Taylor Sheridan, Yellowstone, ExpressVPN Organizations: Business, Paramount, Showtime, CBS, NFL, Nickelodeon, Comedy Central, BET, MTV, Shop Locations: Kingstown, Kingstown , Michigan, Dillon, Mayor, Tulsa, Canada, Australia

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