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☆ David McCormick and the Search for a Republican Message
▼ + stars: | 2023-03-12 | by ( Barton Swaim | ) www.wsj.com time to read: 1 min

PhiladelphiaVarious factions of the American right have in recent years become adept in the art of blaming each other for the Republican Party’s travails. Trump-influenced protectionists blame free-marketeers for selling out the working class to Chinese manufacturing. Pro-business establishmentarians fault the Trumpians for alienating suburban moderates. Libertarians and nationalists denounce “neocons” for entangling America in costly and futile wars.

☆ Technology Chiefs Seek Help Wrangling Cloud Costs
▼ + stars: | 2023-03-03 | by ( Belle Lin | ) www.wsj.com time to read: +6 min

Some chief information officers have turned to cloud management tools and established internal teams to oversee their cloud spending. Mr. Nimboorkar said the company has since built a dedicated team to manage its Amazon Web Services spending and invested in a third-party cloud spending management tool. Executives from all three cloud giants have said customers are optimizing or reining in their cloud spending, citing economic factors. Many of the best practices in cloud spending management have been codified by the nonprofit FinOps Foundation, which promotes cloud financial literacy and accountability, she said. That model allows Mr. Kanchi to wholly manage cloud spending, he said, but was only possible after UST figured out how to tag cloud usage by its various business units.

☆ In the midst of the AI boom, investors are doubling down on diligence. Here are the five questions VCs are asking every generative AI startup during pitches.
▼ + stars: | 2023-03-02 | by ( Stephanie Palazzolo | ) www.businessinsider.com time to read: +7 min

Buzzy generative AI startups have so far avoided the troubles plaguing the rest of the tech world. Here are the five diligence questions investors are asking generative AI startups, according to VCs. But for generative AI startups, 2023 has been much of the same — and that hasn't been a bad thing. Insider spoke with eight of these VCs about the top five questions they're asking generative AI startups during diligence processes. One hallmark of generative AI startups are their eye-staggering round sizes.

☆ Pete Buttigieg's presidential hopes make him an easy target for Republicans — and his slow response in Ohio gave them plenty of ammo
▼ + stars: | 2023-03-01 | by ( Nicole Gaudiano | ) www.businessinsider.com time to read: +9 min

Transportation Secretary Pete Buttigieg hasn't ruled out running for the White House again. He's in the spotlight and the hot seat far more than most other transportation secretaries before him. The search-engine test shows Buttigieg has become a high-profile target who finds himself in the spotlight far more than most other transportation secretaries before him. However, no transportation secretary has likely entered the job with more star power. After he strode onto the stage of The Late Show last fall, host Stephen Colbert noted that not many transportation secretaries have been guests on late night talk shows.

☆ It's not just you: Cybercriminals are also using ChatGPT to make their jobs easier
▼ + stars: | 2023-02-26 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +8 min

ChatGPT can quickly generate targeted phishing emails or malicious code for malware attacks. AI companies could be held liable for chatbots counseling criminals since Section 230 may not apply. Sergey Shykevich, a lead ChatGPT researcher at cybersecurity company Checkpoint security, has already seen cybercriminals harness the AI's power to create code that can be used in a ransomware attack. In dealing with unlawful or criminal content on their sites from third-party users, most tech companies cite Section 230 of the Communications Decency Act of 1996. In addition, ChatGPT continues to implement guardrails to deter illegal activity, although these guardrails can often be sidestepped with the right script.

☆ Ohio Democratic Sen. Sherrod Brown, who'll likely face a tough reelection fight in 2024, says he won't 'run from Biden': 'I run my own race, and my own brand'
▼ + stars: | 2023-02-26 | by ( John L. Dorman | ) www.businessinsider.com time to read: +3 min

Sen. Sherrod Brown told Politico he was "fine" with Biden running on the same ballot as him in 2024. Brown is seeking a fourth term in the Senate and has carved out a unique appeal among Ohio voters. And despite President Joe Biden's eight-point statewide loss to former President Donald Trump in 2020, Brown told Politico he was "fine" running alongside the president on the same ballot should the commander-in-chief seek reelection next year. So, I'm not going to run from Biden," Brown told Politico. In the 2018 Senate race, when Brown defeated then-GOP Rep. Jim Renacci, the senator won 98% of Democrats, 56% of Independents, and 11% of Republicans, per CNN exit polling.

☆ Beaten and divided, Italy's centre-left seeks new leader
▼ + stars: | 2023-02-24 | by ( Crispian Balmer | ) www.reuters.com time to read: +3 min

[1/3] Centre-left Democratic Party (PD) supporters gather during the electoral campaign closing event of Enrico Letta, secretary of PD, in Piazza del Popolo, ahead of the general election, in Rome, Italy, September 23, 2022. REUTERS/Guglielmo MangiapaneSummary Italy's PD looking to recover after 2022 election defeatParty seeks ninth leader in just 16 yearsModerate regional president faces young left-wingerROME, Feb 24 (Reuters) - Italy's centre-left Democratic Party (PD) will chose a new leader this weekend who it hopes can pull the group out of a tail spin and provide a credible challenge to the nationalist prime minister, Giorgia Meloni. PD supporters will have to pick between two starkly different candidates who offer opposing views on how to revive the party after a string of crushing election defeats. He promotes himself as a sound administrator and proven vote winner, who would seek cross-party alliances to defeat the ruling right-wing coalition. Makeshift voting booths are being set up across the country and PD officials hope at least a million people take part.

☆ UK supermarkets Tesco, Aldi and Asda are rationing fruit and salad vegetables
▼ + stars: | 2023-02-22 | by ( Anna Cooban | ) edition.cnn.com time to read: +6 min

Asda told CNN that it was temporarily limiting purchases of some items to three packs per customer. These include tomatoes, peppers, cucumbers and lettuce. Morrisons told CNN that it had imposed a cap of two packs per customer on tomatoes, peppers, cucumbers and lettuce. Sainsbury’s (JSAIY), the United Kingdom’s second-largest food retailer, told CNN it had no plans to ration the sale of fruit and vegetables. The high-end supermarket chain told CNN that it was “monitoring the situation” but had no plans to introduce rationing.

☆ A top-5% fund manager shares 4 reasons why he's getting optimistic about the economy after hiding nearly half of his assets in cash last summer — and details 6 of his favorite stocks to buy now
▼ + stars: | 2023-02-22 | by ( James Faris | ) www.businessinsider.com time to read: +7 min

Leading fund manager Jeff Muhlenkamp put about half of his fund into cash last summer. Last summer, Jeff Muhlenkamp was so concerned about the US economy that he put nearly half of his fund's assets into cash. But in recent months, Muhlenkamp has moved more money into select stocks — even though he acknowledges that there are still lingering risks for stocks and the economy. "You're seeing buyers come back into the market," Muhlenkamp said. Lastly, Microsoft is like Apple in that it's a mature mega-cap company with profitable businesses that produce tons of cash, Muhlenkamp said.

☆ Another Stock Market Crash Coming, Wall Street's Top Investors Warn
▼ + stars: | 2023-02-22 | by ( Linette Lopez | ) www.businessinsider.com time to read: +12 min

This elation has lulled Wall Street into a false sense of security, according to the investing world's elite who I've spoken with over the past few weeks. It's like all the good little boys and girls on Wall Street asked for a rally for Christmas and got it. He added that nonprofessional retail investors' strong return to the market indicated an unsustainable rally. Anytime Wall Street has forgotten that over the past year, it has gotten punished. And that means Wall Street will eventually have to open its eyes, take its fingers out of its ears, and watch this bear-market rally fall apart.

☆ Britain facing tomatoes shortage after overseas harvests disrupted
▼ + stars: | 2023-02-20 | by ( ) www.reuters.com time to read: +1 min

LONDON, Feb 20 (Reuters) - Britons are facing a shortage of tomatoes after supermarket supplies, including at market leader Tesco (TSCO.L) and No. 2 Sainsbury's (SBRY.L), were impacted by disrupted harvests in southern Europe and North Africa. "However, supermarkets are adept at managing supply chain issues and are working with farmers to ensure that customers are able to access a wide range of fresh produce," he said. Last year Britain's grocers suffered supply chain disruptions due to Russia's invasion of Ukraine but availability was much improved in the run-up to Christmas, with an exception being eggs. In winter, Britain has typically imported around 90% of crops like cucumbers and tomatoes, but has been nearly self-sufficient in the summer.

KYIV, Feb 19 (Reuters) - A hairdresser by day and a "drone hunter" by night, Oleksandr Shamshur, 41, is among tens of thousands of volunteers helping defend the skies over Ukraine against Russian attacks. [1/7] Hairdresser and Ukrainian Territorial Defence unit volunteer Oleksandr Shamshur, 41-year-old, prepares to guard sky over capital against Russian suicide drones in the beginning of his shift, amid Russia's attack on Ukraine, in Kyiv, Ukraine February 2, 2023. "With the enemy at the doorstep, I had to do something, I had to act in defence," he said. During the night of Dec. 29-30, Shamshur said, his rooftop unit shot down two drones over Kyiv. Reporting by Margaryta Choronkondratenko and Yiming Woo; writing by Mark Heinrich; editing by John StonestreetOur Standards: The Thomson Reuters Trust Principles.

☆ OpenAI CEO Sam Altman said ChatGPT is 'cool,' but it's a 'horrible product'
▼ + stars: | 2023-02-13 | by ( Samantha Delouya | ) www.businessinsider.com time to read: +2 min

OpenAI CEO Sam Altman said ChatGPT was a "horrible product" in an interview, citing the AI chatbot's outages. OpenAI reportedly released ChatGPT to the public as a last resort due to internal beta testing issues. Altman conceded that the AI chatbot was "cool" but that it wasn't a "great, well-integrated product." In his interview with "Hard Fork," Altman conceded that ChatGPT's AI technology is "cool, for sure." But no one would say this was like a great, well-integrated product yet... but there is so much value here that people are willing to put up with it," Altman said.

☆ Global investors losing appetite for Chinese government bonds
▼ + stars: | 2023-02-10 | by ( Summer Zhen | ) www.reuters.com time to read: +4 min

Signs of a peak in developed market rates are another reason why China's bonds, yielding roughly 3% on 10-year investments, are less appealing, given the potential greater capital gains elsewhere. "If investors are saying that I want to trade the China recovery, the answer is not Chinese government bonds (CGBs). "China bonds served as a very good type of diversifier, in particular over the past 3 years," said Pang. But as global rates hit a peak, it made sense to plough limited cash into better yielding markets, he said. ($1 = 6.7969 Chinese yuan renminbi)Reporting by Summer Zhen Additional reporting by Rae Wee in Singapore Editing by Vidya Ranganathan and Kim CoghillOur Standards: The Thomson Reuters Trust Principles.

[1/3] The signage at the main gate of The Walt Disney Co. is pictured in Burbank, California, May 7, 2012. This is a win for all shareholders," a spokesperson for Peltz's Trian Fund Management said on Thursday. The decision, first reported by CNBC, came only hours after Disney reported earnings that topped Wall Street expectations and Iger outlined a corporate restructuring that addresses many of Peltz' criticisms. Disney's stock price climbed 3.6% in Thursday trading. "Bob Iger has a long, strong track record which provides confidence he will manage this transition for Disney."

Disney issued a statement applauding Peltz's decision to end a board challenge which it called a "distraction. 'FIRST PHASE' IN DISNEY'S TRANSFORMATIONFor Peltz's Trian Fund Management the board challenge appears to have paid off with an estimated 20% gain on his investment. Analysts said Peltz made a reasonable request for one board seat and to join the 12-member board himself. Peltz appeared on CNBC on Thursday to announce his proxy fight with Disney was over. "Bob Iger has a long, strong track record which provides confidence he will manage this transition for Disney."

☆ Here are Thursday's biggest analyst calls: Exxon, Disney, Tesla, Apple, Affirm, Ulta, Alphabet & more
▼ + stars: | 2023-02-09 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Baird downgrades Bunge to neutral from outperform Baird downgraded the agribusiness and food company's after its disappointing earnings report on Wednesday. JPMorgan reiterates Uber as a top pick JPMorgan says it's sticking with the stock after its "strong" earnings report on Wednesday. Goldman Sachs reiterates Exxon as buy Goldman says it's sticking with its buy rating on shares of Exxon. Bank of America reiterates Apple as neutral Bank of America says Apple Services are at risk for further deceleration. Oppenheimer reiterates Ulta as outperform Oppenheimer says the bull case still has legs" for Ulta.

☆ The 13 top VC firms dedicated to investing in artificial intelligence and machine learning that founders should know
▼ + stars: | 2023-02-06 | by ( Stephanie Palazzolo | ) www.businessinsider.com time to read: +1 min

Insider rounded up the top 13 AI- and ML-focused VC firms that founders should know. These funds have invested in hot startups like Adept, Hugging Face, Weights & Biases, and Synthesia. In a year marked by turmoil and uncertainty, artificial intelligence has been a bright spot for tech investors and startup founders alike. Despite the hype, a group of VCs have been so bullish on AI and ML that they've created entire firms dedicated exclusively to investing in the space. Here are the top 13 venture-capital firms dedicated to artificial-intelligence and machine-learning investing that founders should know:

☆ FDA withdraws Covid antibody treatment Evusheld because it's not effective against 93% of subvariants
▼ + stars: | 2023-01-27 | by ( Spencer Kimball | ) www.cnbc.com time to read: +3 min

The FDA pulled Evusheld from the market because it is not effective against more than 90% of the Covid subvariants that are currently circulating in the U.S. People with compromised immune systems, such as cancer chemotherapy and organ-transplant patients, are some of the groups most vulnerable to severe disease from Covid. More than 7 million adults in the U.S. have a compromised immune system. He said lawmakers' failure to pass additional Covid funding means there isn't money to invest in new antibodies. President Joe Biden told people with compromised immune systems to consult with a doctor.

☆ Trump's return to Instagram and Facebook could doom Truth Social
▼ + stars: | 2023-01-27 | by ( Diamond Naga Siu | ) www.businessinsider.com time to read: +5 min

Truth Social only just became available on Androids in October. Trump's return to social media spells doom for Truth Social. After the Capitol insurrection, former president Donald Trump was banned from a slew of social media platforms. Trump is contractually required to post on Truth Social before making the same post on another site for six hours. My colleague Beatrice Nolan breaks down the future of Truth Social and what it means for Trump's supporters.

BANGKOK, Jan 27 (Reuters) - Thailand's ruling pro-military Palang Pracharat party has chosen political veteran and former army chief Prawit Wongsuwon as its prime minister candidate, a senior official said on Friday, as parties gear up for an election that must be held by May. "He is the centre of the party ... our members, parliamentarians all see him as talented and most suitable," Palang Pracharat's deputy leader Paiboon Nititawan said after a party meeting. Both are former army chiefs who often refer to each other as brothers, hailing from the elite Queen's Guard unit. In a Facebook post on Wednesday Prawit said "politicians must be able to work with all parties, compromise to reduce conflict and adhere to the public interest." A "divide and conquer" strategy might work, he added, with Prawit's party able to win votes in areas where Prayuth may not be popular.

☆ I booked over $120,000 in revenue with podcast ads in 2 years. Here's how I grew and monetized my show.
▼ + stars: | 2023-01-26 | by ( Marta Biino | ) www.businessinsider.com time to read: +5 min

In early 2020, he decided to start a podcast and has since booked over $120,000 in sponsorships. Here's how he began monetizing, as well as his tips for new podcasters to make money from ads. It took about six months for me to start landing regular sponsorship deals with brands for the podcast, and since then, I've booked partnerships worth over $120,000. These types of sponsorships were my second-biggest revenue stream in 2022, at about $53,000 for both the newsletter and the podcast. The quality of your audio mattersOne of the first things I did was hire an audio engineer to make the audio sound good.

☆ What diabetes is revealing about the benefits and risks of personal medicine connected to the internet
▼ + stars: | 2023-01-21 | by ( Ellen Sheng | ) www.cnbc.com time to read: +4 min

Devices such as insulin pumps, which go back decades, and continuous glucose monitors, which monitor blood sugar levels 24/7, are increasingly connected to smartphones via Bluetooth. Sleep apnea, Type 2 diabetes and remote health careIt's not just diabetes where the medical device market is offering patients new benefits from remote monitoring. The number of internet-connected medical devices grew during the pandemic, as lockdowns created a big push to treat people at home. Multiple forms of medical cybersecurity riskIndustry security experts categorize cybersecurity risks of medical devices into three buckets. Many medical devices such as insulin pumps require patients to create online accounts to download data to a computer or smartphone.

Despite German efforts to pressure the U.S. into providing Abrams tanks to Ukraine, the Pentagon’s top leaders are against sending them, three U.S. officials said. At the same time, the officials said President Joe Biden would not pressure Germany to send the Leopard tanks to Ukraine. Asked Friday about sending Abrams tanks to Ukraine, Biden was noncommittal. They also have argued they are not the right vehicles for the fight in Ukraine right now, according to the officials. Artur Widak / AP fileU.S. officials said opposition within the Biden administration to sending Abrams tanks to Ukraine is not due to concerns Russia would see the move as escalatory.

☆ More Companies Are Hiring CMOs With Performance-Marketing Backgrounds
▼ + stars: | 2023-01-17 | by ( Patrick Coffee | Destination Xl Ceo Harvey Kanter | ) www.wsj.com time to read: +6 min

Companies looking to hire CMOs and other top-level marketing executives amid an economic downturn are increasingly favoring candidates with deep experience in so-called performance-marketing. Performance-marketing campaigns push consumers to take a specific action, such as clicking a link or providing an email address, while brand marketing aims to increase awareness of a company and shape perceptions of that business. The trend will create a challenging job market for senior executives whose careers have centered on more traditional, brand-based marketing. “If we are awesome at performance marketing and don’t understand what it means to engage a consumer—in reality that means brand-level marketing as well—we will lose,” Mr. Kanter said. PREVIEWIndustry leaders frequently debate whether brand and performance marketing should be separate disciplines run by different people.

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