DIRS.INFO The most relevant business & tech news

☆ TensorWave wants to break Nvidia's dominance in AI compute. Here's an exclusive look at the pitch deck it used to raise $43 million.
▼ + stars: | 2024-10-08 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +2 min

TensorWave has raised $43 million for its AI cloud service platform. BI got an exclusive look at the 9-slide pitch deck used to secure the funding. AdvertisementTensorWave, a startup providing a cloud platform for AI applications that runs on chips designed by an Nvidia rival, has raised $43 million in funding. AdvertisementThe startup's pitch deck, shared exclusively with BI, states that "buyers desperately need an alternative for AI compute infrastructure." Check out the 9-slide pitch deck TensorWave used to secure the fresh funding.

Persons: TensorWave, —, Darrick Horton, Piotr Tomasik, Tomasik Organizations: AMD, BI, Service, Nvidia, Maverick Capital, Translink Capital, Venture Partners, AMD Ventures Locations: Vegas

☆ 18 Best Pregnancy-Safe Skin Care in 2024, According to Experts
▼ + stars: | 2024-10-07 | by ( Macaela Mackenzie | ) www.nbcnews.com time to read: +32 min

SKIP AHEAD The best pregnancy-safe skin care products in 2024 | How to shop for pregnancy-safe skin care | Why trust NBC Select? How I picked the best pregnancy-safe skin care productsI asked board-certified dermatologists about common pregnancy skin concerns like dryness and sensitivity and for their recommendations on pregnancy-safe formulas. The best pregnancy-safe skin care products in 2024When you’re pregnant, it may feel like you have to abandon your skin care routine and start new, but experts say that is not always the case. The fragrance-free formula has broad-spectrum protection, which means it keeps your skin safe from both UVA and UVB rays. How to shop for pregnancy-safe skin careWhen shopping for pregnancy-safe skin care, experts say the best approach involves assessing your skin’s changing needs and talking with your doctor about what ingredients you feel comfortable using.

Persons: Sejal Shah, ”, Rachel Nazarian, Erum Ilyas, you’re, Shah, La, Mili Godio, It’s, niacinamide, EltaMD, Posay’s, ceramides, Ilyas, Nazarian, “, Squalane, “ It’s, dullness, There’s, Melasma, you’ve, they’re, retinoids, it’s, “ it’s, Oxybenzone, clary, TikTok Organizations: NBC, Dermatology, Neutrogena’s Hydro, La Roche, American Academy of Dermatology, OB, American College of Obstetricians, Alpha, National Institutes of Health, NIH, Facebook, Twitter Locations: New York, Pennsylvania, erring

☆ I toured an electric 'air taxi' that plans to launch in New York and Los Angeles as soon as 2025. See inside.
▼ + stars: | 2024-10-07 | by ( Taylor Rains | ) www.businessinsider.com time to read: +1 min

Joby Aviation plans to launch commercial "air taxis" in New York City and Los Angeles in 2025. The company has backing from from Toyota, Uber, and Delta Air Lines. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementElectric aircraft manufacturer Joby Aviation plans to launch commercial "air taxis" in New York City and Los Angeles by late 2025 as a more efficient alternative to driving or taking the train. AdvertisementJoby has secured hundreds of millions of dollars of investments from Toyota, Delta Air Lines, and Uber, with which it has a strategic partnership to launch its commercial air taxi service by 2025 (pending regulatory approval).

Persons: Joby's, —, Joby Organizations: Aviation, Toyota, Delta Air Lines, Service, Joby Aviation Locations: New York City, Los Angeles

☆ Yields are rising for the right reasons, says Solus' Dan Greenhaus
▼ + stars: | 2024-10-07 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailYields are rising for the right reasons, says Solus' Dan GreenhausDan Greenhaus, Solus Alternative Asset, joins 'Power Lunch' to discuss geopolitical tensions, the Fed and the jobs data and what it all means for the market.

Persons: Solus, Dan Greenhaus Dan Greenhaus Organizations: Fed

☆ The Russian arms dealer who was exchanged for Brittney Griner is trying to sell weapons to the Houthis: report
▼ + stars: | 2024-10-07 | by ( Joshua Nelken-Zitser | ) www.businessinsider.com time to read: +4 min

Viktor Bout is brokering weapons sales to Iran-backed Houthis in Yemen, per The Wall Street Journal. Houthi rebels have been attacking commercial shipping in the Red Sea since last year. AdvertisementThe notorious Russian arms dealer, who was exchanged for US basketball star Brittney Griner two years ago, is trying to sell weapons to the Iran-backed Houthis in Yemen, according to The Wall Street Journal. According to an April Defense Intelligence Agency report, container shipping through the Red Sea has declined massively, alternative shipping routes are increasing voyage costs, and insurance premiums for Red Sea transits have spiked. While the weapons deal reportedly orchestrated by Viktor Bout does not involve anti-ship missiles, it would still represent a notable Russian intervention in the ongoing Red Sea crisis.

Persons: Viktor Bout, Brittney, Houthi, —, Griner, Louise Nevill, Marsh, Antony Blinken, Blinken Organizations: Street, Service, US, Wall Street, Kremlin ultranationalist, Kremlin, Business, April Defense Intelligence Agency, Reuters, Ukraine Locations: Iran, Yemen, Red, Europe, East, Africa, Russia, Moscow, Israel, Gaza

☆ Customers noticed Whole Foods skimped out on its Berry Chantilly Cake. It quickly changed course
▼ + stars: | 2024-10-07 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +4 min

New York CNN —Fans of Whole Foods’ iconic Berry Chantilly Cake have been up in arms on social media over the past few weeks. Berry Chantilly fans say they were victims of skimpflation, a member of the shrinkflation and inflation family. Whole Foods customers were quick to catch on, and by Friday, the company announced it had reversed its changes. “Based on feedback from our customers, we will reintroduce single slices of the Berry Chantilly Cake that are the same as the classic our customers know and love,” a Whole Foods spokesperson told CNN on Friday. The cake slices will be back to their previous version by next week, the company said.

Persons: Berry, It’s, ”, Berry Chantilly, they’re, “, ” Joseph Balagtas, Edgar Dworsky, ” Dworsky, Dworsky, Blommer, Balagtas, ” Balagtas Organizations: New, New York CNN, Foods, Purdue University, CNN, Louis Federal Reserve, Consumer, “ Manufacturers, St, Reuters, Companies Locations: New York, West Africa, North America

Driverless cars are speeding onto America's streets, but whether the public will trust robotaxis remains an open question. Nearly two-thirds of Americans said they would not want to ride in a driverless passenger vehicle if they had the opportunity, according to a Pew Research Center Survey. Tesla's upcoming robotaxi launch threatens to throw the whole autonomous vehicle space off course. Alphabet -owned Waymo is the leader in the space, with the company claiming it has notched more than 22 million driverless miles. Uber has hedged its bets by inking high-profile deals with autonomous vehicle companies, but it's unclear how long those partnerships will last.

Persons: robotaxis, Tesla, Elon Musk, Waymo, Cruise Organizations: Pew Research Center Survey, GM Locations: San Francisco , Los Angeles, Phoenix

Learn moreThe American Music Awards, or AMAs, are back to celebrate their 50th anniversary. We'll show you everything you need to know about where to watch the American Music Awards 50th Anniversary Special, including what channel it airs on and how to live stream it without cable. Where to watch the American Music Awards 50th Anniversary Special in the USThe American Music Awards 50th Anniversary Special will air on CBS on Sunday, October 6, at 8 p.m. Check price at FuboHow to watch the American Music Awards 50th Anniversary Special from anywhereEven if you're traveling away from home, you can still catch the anniversary special with your subscriptions by using a VPN (virtual private network). Check price at ExpressVPNHow to watch the American Music Awards 50th Anniversary Special with a VPNSign up for a VPN if you don't have one.

Persons: Dick Clark, Cedric The, Kate Hudson, Reba McEntire, Samuel L, Jackson, Gladys Knight, Nelly, Jennifer Hudson, Jennifer Lopez, Mariah Carey, Fubo, ExpressVPN Organizations: Business, Green, American, CBS, Paramount, DirecTV, Showtime, Paramount Plus, Nickelodeon, Comedy Central, BET, MTV, DirecTV Stream

☆ Harris floods the zone with Howard Stern, Stephen Colbert, podcast interviews in final election sprint
▼ + stars: | 2024-10-06 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +2 min

To kick off the week, Harris' interview with Alex Cooper on the popular "Call Her Daddy" podcast is expected to air Sunday. The Trump campaign declined to do a "60 Minutes" interview after initially accepting the invitation, according to the network. On Tuesday, the Harris campaign will fly the vice president to New York for appearances on ABC's "The View," CBS' "The Late Show with Stephen Colbert" and "The Howard Stern Show." Along with various appearances on Fox News, more friendly territory for the Republican nominee, Trump has interviewed on podcasts that are popular with young men like "This Past Weekend w/Theo Von" and the "Lex Fridman Podcast." Over the course of Harris' fast-tracked campaign, the vice president has sat for interviews with CNN, a panel from the National Association of Black Journalists, MSNBC and some local outlets.

Persons: Kamala Harris, Donald Trump, Harris, Alex Cooper, Tim Walz, Bill Whitaker, Trump, Stephen Colbert, Howard Stern, Joe Biden, Theo Von, Lex Fridman, Phil, Shawn Ryan, Elon Musk Organizations: Democratic, U.S, Republican, Michigan U.S, CBS, Minnesota Gov, Univision, Trump, Fox News, Navy, CNN, National Association of Black Journalists, MSNBC Locations: Redford Charter Township, Michigan, New York, Spanish

☆ I worked as a wealth advisor for Goldman Sachs. Here's what I learned from how the super rich manage their money.
▼ + stars: | 2024-10-06 | by ( Ella Hopkins | ) www.businessinsider.com time to read: +8 min

Ayesha Ofori worked in wealth management for Goldman Sachs for six years. AdvertisementThis as-told-to essay is based on a transcribed conversation with 40-year-old Ayesha Ofori, CEO of Propelle, from London, about her experience working at Goldman Sachs. If you'd asked me what success looked like at the time, it would've been being a partner at Goldman Sachs. AdvertisementSaving money isn't enoughWhen I was at Goldman Sachs, I noticed we didn't have many women clients. When I worked at Goldman Sachs, I was focused on paying off my student loans and saving money.

Persons: Ayesha Ofori, Goldman Sachs, Ofori, —, Goldman, I'd, you'd, would've, I'm, It's, I've, you'll Organizations: Service, Goldman Sachs, Business, Columbia Business School, Goldman, Invest Locations: London, New York

ASHEVILLE, N.C. — The deluge came furiously — and shockingly fast. Sean Rayford / Getty ImagesA week after Helene ravaged the hills, hollows and river valleys of western North Carolina, recovery and rescue efforts remained ongoing. Tropical Storm Fred made it even worse,” he added, referencing a storm that hit in 2021. But assessing who will need shelter — and for how long — is something “we kind of have to start figuring out,” he said. “We’re going to have to make some decisions here really soon.”Minyvonne Burke reported from Asheville, North Carolina, and Lewis Kamb from Seattle.

Persons: —, James Yulon Ferguson, Ferguson, ”, “, Sean Rayford, Helene, “ We’ve, Mark Pless, “ That’s, ” Vincent Floriani, Ulysse Bellier, Justin Graney, Jeff Brooks, “ It’s, Brooks, Pless, we’ll, they’re, Bryant Morehead, “ Covid, Fred, Morehead, Haywood, Allison Joyce, Devonna Brown, “ We’re, ” Minyvonne Burke, Lewis Kamb Organizations: Republican, Getty, North Carolina Emergency Management, Duke Energy, Homeland Security, Federal Emergency Management Agency, FEMA, NBC News Locations: ASHEVILLE, N.C, Rock, North Carolina, State, Canton, Asheville, Swannanoa, AFP, Buncombe County, Haywood, Haywood County, Asheville , North Carolina, Seattle

☆ 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

☆ A majority of North Carolina homeowners didn't have flood insurance. Then Helene hit.
▼ + stars: | 2024-10-04 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +7 min

Heavy rains from Hurricane Helene caused flooding across western North Carolina, like here in Asheville. Melissa Sue Gerrits/Getty ImagesBut only about 2.6% of the 4.3 million properties across the state — or around 115,000 properties — had flood insurance as of June 2024, according to private provider Neptune Flood Insurance, which analyzed data from the government-backed National Flood Insurance Program. North Carolina Department of Insurance communications director Jason Tyson estimated that about 139,000 properties in the state have flood insurance through the NFIP. Part of the problem with flood insurance is a common misconception that regular home insurance covers flooding, which is rarely the case, four experts knowledgable about flood insurance and disaster management told Business Insider. "We don't think of western North Carolina and the Appalachian mountains as an area that has significant flood risk."

Persons: Hurricane Helene, Melissa Sue Gerrits, Neptune, Jason Tyson, Sue Gerrits, Trevor Burgess, Jeffrey Schlegelmilch, Schlegelmilch, Margaret Walls, they're, there's, It's, it's, Helene, Jeremy Porter, Burgess, Yanjun Liao, Liao Organizations: Service, North, Climate Office, Neptune Flood Insurance, Flood Insurance, North Carolina Department of Insurance, The North, Information Center, Business, Getty, National Center for Disaster Preparedness, Columbia Climate School, FEMA, Associated Press, Resources Locations: Hurricane, North Carolina, Asheville, —, The, The North Carolina, Black Mountain , North Carolina, State, North, Florida , Louisiana, Texas, Asheville , North Carolina

Minneapolis CNN —One state audit found that bonus checks intended for frontline workers during the pandemic were handed out to undeserving recipients. Another criticized a Minnesota state agency for failing to ensure there were no conflicts of interest in taxpayer-funded mental health and addiction programs. His fans were easy to find last month at the Minnesota State Fair, which drew nearly 2 million people this year. Republican state Sen. Mark Koran, second from right, speaks with constituents at the Minnesota State Fair. “We are troubled by MDE’s decision,” the auditor’s report said, using the acronym for the Minnesota Department of Education.

Persons: Tim Walz, Judy Randall, –, Walz, Randall, “, ”, Lisa Demuth, Elizabeth Flores, Sen, Mark, Governor Walz, Rick Hansen, Erik Biever, ” “ Tim Walz, Stephen Maturen, Willie Jett, Jett –, ” Walz, “ There’s, Mark Koran, CNN “ They’ve, they’ve, Dan Myers, ’, Blois Olson, he’s, “ They’re, ” Olson, Olson, Aimee Bock, Bock, Bock –, MDE, ” Andrew Luger, Glen Stubbe, Andrew Luger, ” Luger, Walz’s, Heather Mueller –, Jett, Ann, Keith Ellison, Scott Jensen, ” Jensen, “ Who’s, ” Miriam Ackerman, ” Randall, Democrat Mark Dayton –, Lisa Demuth CNN Walz, haven’t, Bill Walsh, Randall “, … you’re Organizations: Minneapolis CNN, Democratic Gov, CNN, of Public, Democratic, GOP, Twin Cities, Star Tribune, Getty, Republican, ”, Randall’s Office, Legislative, Minnesota State Fair, Gov, Minnesota Department of Education, Minnesota Star Tribune, Congressional Republicans, Democrats, Minnesota, Fair, University of Minnesota, Republicans, White, Democrat, FBI, Feds, Minneapolis TV, –, Department of Human Services, DHS, of, American Locations: Minneapolis, Minnesota, unaccountability, East

And they’ve kept up a drumbeat of dubious claims about voting, along with the lie that the election was stolen in 2020. Prosecutors allege that the Trump campaign used similarly aggressive tactics in Philadelphia to force confrontation with election officials, which Trump and his allies used to claim his supporters were denied access to observe the count. Election officials have been operating in an increasingly hostile environment as GOP skepticism of election administration has climbed. Among them: shifting numbers of noncitizens Trump allies claimed had voted in the 2020 election. In Georgia, state courts are reviewing new rules from the State Election Board that Democrats say give county election officials broad authority to delay certification of the results in search of purported election irregularities.

Persons: Donald Trump, They’ve, they’ve, ”, Sean Morales, Doyle, Brennan, ’ playbook, Jack Smith’s, Trump, Hannah Fried, Smith, Rebecca Cook, Brooks, Republican Al Schmidt, Schmidt, “, You’ve, Michael Whatley, Whatley, Zach Manifold, Joshua Lott, noncitizens Trump, hasn’t, Cleta Mitchell, –, “ I’ve, ” Lisa Posthumus Lyons, ” Posthumus Lyons, Jocelyn Benson, Patrick T, Fallon, Mike Pence, Pence, Trump’s, Smith’s, Adrian Fontes, ” Fontes, It’s, Morales, ” CNN’s Marshall Cohen, Fredreka Schouten Organizations: CNN, Justice Department, Republican, Trump, GOP, TCF Center, Detroit’s TCF Center, Prosecutors, Republican National, RNC, Guadalupe, Washington Post, Getty, Republicans, America, Legal Foundation, United Sovereign Americans, Center, Fox News, Republican Party, Board, Arizona, Brennan Locations: Detroit , Michigan, Florida, Philadelphia, Michigan, Pennsylvania, Gwinnett County , Georgia, ”, Gwinnett County, Guadalupe Mercado, Guadalupe , Arizona, Kent County , Michigan, Swing, Georgia , Michigan, Maricopa, AFP, Georgia, Arizona, Cochise County

☆ Google Search's new AI makeover is the latest change the rest of the internet needs to navigate
▼ + stars: | 2024-10-04 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

In today's big story, Google Search is going to look a whole lot different thanks to generative AI . According to Rhiannon Bell, the vice president of user experience for Google Search, it's a "pretty dramatic shift from where we were before." AdvertisementAnd yes, in case you were wondering if it was coming, Google is going to start putting ads in its AI Search results — but only when Google deems them relevant. Google's new AI-organized search results GoogleSearch's revamp addresses a big concern for the rest of the internet. One survey conducted earlier this year found 60% of people who used Google's AI search found it more effective than non-AI powered Search.

Persons: —, Morgan Stanley, Tyler Le, Hugh Langley, Tech's, Hugh, Rhiannon Bell, Gen, Jenny Chang, Rodriguez, Ned Davis, Kalshi, Andy Jassy F, Carter Smith, Chelsea Jia Feng, Andy Jassy, Marc Andreessen, he's, Alyssa Powell, dockworkers, hasn't, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Milan Sehmbi, Amanda Yen Organizations: Business, Service, Costco, Tech, Google, Getty, Ned, Ned Davis Research, CFTC, Bloomberg, Getty Images, Amazon, LinkedIn, YouTube, EU . US Department of Labor Locations: China, San Francisco, EU, New York, London

Furniture and other manufactured goods, especially machinery like farm equipment, vehicles and auto parts, could also be disrupted, the lobbying group said. “There’s no reason for people to go out and do like we did during Covid and hoard,” Ellen said. There’s no reason for people to go out and do like we did during Covid and hoard. “There’s no reason to panic,” he said, adding that many companies and freight operators have spent months preparing for the strike. Agresta advised consumers to consider similar products and local options if shortages arise for perishable goods, including produce.

Persons: feedstocks, ” Ellen, Andy Ellen, Joseph Agresta, tammytheblackprepper, Agresta, ”, Ron Vachris, “ Organizations: North Carolina Retail, Rutgers Business School, Walmart, Costco Locations: Canada, Mexico, West Coast

☆ More younger people are getting colonoscopies, a new study suggests
▼ + stars: | 2024-10-03 | by ( Kaitlin Sullivan | Kaitlin Sullivan Is A Contributor For Nbcnews.Com Who Has Worked With Nbc News Investigations. She Reports On Health | Science | ) www.nbcnews.com time to read: +4 min

Colorectal cancer cases have been rising in people younger than 50 over the last two decades. The U.S. Preventive Services Task Force isn’t the first group to suggest lowering the screening age. The new study found that colorectal cancer screening among 45 to 49-year-olds remains low overall, but increased threefold following the 2021 guideline change. “One of the biggest predictors of whether you get age-appropriate cancer screening is whether or not you have insurance,” Lieu said. Colonoscopy is the gold standard for colorectal cancer screening, since it can detect not only cancerous tumors, but precancerous polyps that can be removed before they can turn into cancer.

Persons: ”, Sunny Siddique, Siddique, ” Siddique, you’re, Christopher Lieu, Lieu, ” Lieu, “ We’re, Marwan Fakih, Colonoscopy, ” Fakih Organizations: JAMA, U.S . Preventive Services Task Force, U.S . Preventive Services, Force, American Cancer Society, Preventive, Yale School of Public Health, University of Colorado School of Medicine Locations: U.S, of Hope, Los Angeles

☆ Ship queue grows at U.S. ports as dockworker strike enters third day
▼ + stars: | 2024-10-03 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +3 min

One alternative would be to sail to West Coast ports on the other side of the country, likely using the Panama Canal, a journey of thousands of miles that would hike costs and add weeks to delivery times. Bryan R. Smith / AFP - Getty Images fileThe ILA is seeking a big pay raise along with commitments to halt port automation projects it fears will kill jobs. The USMX had offered a 50% pay bump, but the ILA said it was insufficient to address its concerns. The strike affects 36 ports — including New York, Baltimore and Houston — that handle a range of containerized goods. Biden’s administration has repeatedly said it will not use federal powers to halt the strike.

Persons: ”, Everstream’s Jena Santoro, Bryan R, Smith, USMX, ” USMX, “, Joe Biden’s, Morgan Stanley Organizations: International Longshoremen’s Association, Reuters, ILA, United States Maritime Alliance, Getty, Houston, National Retail Federation Locations: U.S, East Coast, Gulf Coast, West Coast, Panama, Maine, Texas, Bayonne , New Jersey, AFP, New York, Baltimore

ReutersLebanon’s Foreign Minister Abdallah Bou Habib told CNN that Hezbollah leader Hassan Nasrallah had agreed to a 21-day ceasefire just days before he was assassinated by Israel. “He [Nasrallah] agreed, he agreed,” Habib told Christiane Amanpour in an interview aired on Wednesday. ]”White House senior adviser Amos Hochstein was then set to go to Lebanon to negotiate the ceasefire, Habib continued. We need the United States’ help. Whether we get it or not, we’re not sure yet, but [the] United States is very important, vital for the ceasefire to happen,” said Habib.

Persons: Hassan Nasrallah, Abdallah Bou Habib, Israel, Joe Biden, Emmanuel Macron, Nasrallah, ” Habib, Christiane Amanpour, “, Nabih Berri, Benjamin, Netanyahu, Biden, Macron, Amos Hochstein, Habib, Washington, ”, we’re Organizations: Reuters Lebanon’s, CNN, US, UN, Assembly, White House, European Union, United Arab Emirates, United Locations: Sidon, Lebanon, Beirut's, Lebanese, Beirut, United States, France, Australia, Canada, Germany, Italy, Japan, Saudi Arabia, United Kingdom, Qatar, States

☆ Marc Andreessen hits on the existential question facing the AI industry
▼ + stars: | 2024-10-03 | by ( Rob Price | ) www.businessinsider.com time to read: +5 min

There are two competing visions for the future of the AI business, according to Marc Andreessen. Instead, it's one of the most fundamental (and arguably surreal) questions facing the AI industry today, according to legendary investor Marc Andreessen. In the first vision, AI startups are in a winner-takes-all race. These AI models, such as Meta's Llama offerings, are freely available for almost anyone to use, while OpenAI sells access to propriety, closed models. But if downloadable, open-source models pull all prices down to the "cost of production," then Andreessen's first vision — of "infinite profits" — starts to appear a little less likely.

Persons: Marc Andreessen, isn't, —, Andreessen, there's, Rice, OpenAI, Kevin Weil, Robert Nishihara, Weil, Mark, Zuckerberg Organizations: Service, Google, Ray Summit, Anyscale, Meta Locations: San Francisco

☆ How Trump consolidated control over his party and right-wing media in a ‘cloud of confusion’
▼ + stars: | 2024-10-03 | by ( Brian Stelter | ) edition.cnn.com time to read: +7 min

The filing emphasizes Trump’s fake electors plot and describes the former president’s attempts to sow confusion in the aftermath of the election. The following is adapted from the newly expanded paperback edition of “Network of Lies,” my book about the 2020 election and the chaotic aftermath. “Cloud of confusion” was the perfect, succinct summary of the right’s strategy. He is emulating the successful strategy of Vladimir Putin.”The “cloud of confusion” clearly affected some of the people who stormed the Capitol on January 6, 2021. His social media footprint showed how he was radicalized—and how he trusted both Trump and Carlson over reliable sources of news.

Persons: Jack Smith, Donald Trump, Trump, Kenneth Chesebro, ” Chesebro, Jack Smith’s, Biden, Chesebro, Jim Troupis, ”, Mike Pence, MAGA, Sean Hannity, Tucker Carlson, Hannity, Roe, Kamala Harris, Trump’s, Hillary Clinton, John Podesta, “ Trump, ” Trump, “, Vladimir Putin, Daniel Donnelly Jr, —, Carlson, “ Tucker, Donnelly, provocateur, Carlson “, Cheseboro Organizations: CNN, “ Network, Republican, Democratic, WI, Trump, GOP, White, Capitol, Busch, St, Louis Cardinals, Facebook, Fox, NBC Locations: Wisconsin, Ohio, ”, Missouri

☆ An iconic gem of New York City's skyline is the latest victim of the office collapse
▼ + stars: | 2024-10-03 | by ( Katie Balevic | ) www.businessinsider.com time to read: +3 min

The Chrysler Building, a renowned gem of NYC, is the latest victim of the office apocalypse. AdvertisementThe Chrysler Building, a long-admired gem of New York City's skyline, could be the latest victim of the nationwide office collapse. AdvertisementThe website for RFR Holding, a private real-estate-management company, still features the Chrysler Building. Business Insider could not immediately reach RFR Holding or its attorneys on Thursday. What that means for the iconic Chrysler Building — and the rest of the New York City skyline — remains to be seen.

Persons: Cooper, —, John Ruth, RFR, Terrence Oved, Darren Oved, Morgan Stanley Organizations: Chrysler, Cooper Union, RFR, Service, Street Journal, Business, Seagram, Journal, New Locations: York, Lexington, New York, California , Texas , New Jersey, Florida, New York City

☆ There's already a queue of cargo ships backing up at US ports
▼ + stars: | 2024-10-03 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +5 min

AdvertisementCargo vessels (green dots) and tankers (red dots) at anchor outside Eastern US ports. AdvertisementCargo vessels (green dots) and tankers (red dots) along the Mid-Atlantic. Cargo vessels (green dots) and tankers (red dots) along the Gulf Coast. Cargo vessels (green dots) and tankers (red dots) outside Savannah, Georgia, and Charleston, South Carolina. Cargo vessels (green dots) and tankers (red dots) outside Norfolk, Virginia.

Persons: —, Andrew Coggins, Coggins, MarineTraffic.com Burt Flickinger, MarineTraffic.com, Brandon Daniels, Daniels, Taft, Hartley, Hurricane Helene Organizations: Industry, Service, International Longshoreman's Association, Reuters, Pace University, MarineTraffic.com, Strategic Resource, ILA, US Marine Alliance Locations: East, Gulf Coast, New York, Virginia Beach, Savannah, Miami , New Orleans, Houston, Gulf, Western, Savannah , Georgia, Charleston , South Carolina, Norfolk , Virginia, Hurricane

But investing in the stock market should be boring rather than exciting. While some hands-on traders approach betting on the stock market similarly to betting money on sports, the truth is they should have very little in common. Compared to sports betting, investing in the stock market should be "non-adrenaline focused," Egan said. While an explosion of confetti might make trading stocks more entertaining, investing in the stock market should be boring. Historically, the average stock market return is about 10% each year.

Persons: —, Dan Egan, Egan, Robinhood, doesn't, you'll, Ally Invest Organizations: Sports, Service, University of California, University of Southern, SoFi, Ally Locations: Massachusetts, Los Angeles, University of Southern California

Search resuls for: "Alternative"

25 mentions found