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☆ I'm an engineer who left Silicon Valley for Philadelphia. I was worried about leaving the tech hub, but I love Philly's lower cost of living.
▼ + stars: | 2024-11-23 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +6 min

I found that I was clashing with the culture of Silicon Valley. I attributed that attitude to the Silicon Valley atmosphere. In Silicon Valley, you have a lot of Google people, a lot of Meta people, and, at the time I was there, a lot of Tesla people. An aerial view of Silicon Valley. The sustainability hub is in Silicon Valley, and moving to the other side of the country felt like I was separating myself from that.

Persons: Adam Fletcher, Fletcher, NerdWallet, unravels ChatGPT, I've, They're, we're, It's, There's, Philadelphia Jon Lovette, Philly Organizations: San, Philadelphia, Stanford, Applied Materials, East, Carbon, Carbon Reform, Eagles, Phillies, University of Pennsylvania, Drexel University Locations: San Francisco, East, San Francisco , California, Philadelphia , Pennsylvania, Philly, Philadelphia, Bay, Santa Clara, California, Silicon Valley, Silicon, East Coast, Rittenhouse, New York, DC

☆ Amazon to invest another $4 billion in Anthropic, OpenAI’s biggest rival
▼ + stars: | 2024-11-22 | by ( Hayden Field | Hayden Field Is A Cnbc Reporter | ) www.nbcnews.com time to read: +3 min

Amazon on Friday announced it would invest an additional $4 billion in Anthropic, the artificial intelligence startup founded by ex-OpenAI research executives. Anthropic is the company behind Claude — one of the chatbots that, like OpenAI’s ChatGPT and Google’s Gemini, has exploded in popularity. In March, Amazon’s $2.75 billion investment in Anthropic was the company’s largest outside investment in its three-decade history. The companies announced an initial $1.25 billion investment in September 2023. In September, Anthropic rolled out Claude Enterprise, its biggest new product since its chatbot’s debut, designed for businesses looking to integrate Anthropic’s AI.

Persons: Claude chatbot, Claude —, Claude, It’s, Anthropic, Jared Kaplan, Kaplan, Claude Enterprise Organizations: Microsoft, Meta, AWS, Amazon’s, CNBC, Google Locations: Anthropic, Amazon, San Francisco

☆ OpenAI is eyeing a shot at 2 of Google's most dominant territories: report
▼ + stars: | 2024-11-22 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +3 min

The browser would be integrated with ChatGPT, according to the report. OpenAI is eyeing two territories that have long been dominated by Google, according to a report from The Information: web browsing and search. As of August, Google Chrome held about 65% of the global web browser market share, according to Statista, a data analytics firm. And as of January, Google Search accounted for about 82% of the global search engine market share. OpenAI already has positioned ChatGPT as a search engine rival with the release of ChatGPT search in October.

Persons: OpenAI's ChatGPT, OpenAI, Ben Goodger, Department's Organizations: ChatGPT, Google, Chrome, DOJ

☆ The portfolio's biggest stock winners — and laggards — for the week
▼ + stars: | 2024-11-22 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

Markets: The stock market is wrapping up a good week, with the S & P 500 on Friday pacing for its fifth straight session of gains. Next week: It's a holiday-shortened week with markets closed Thursday for Thanksgiving and closed early (1 p.m. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, industrials, Coterra, We're, Blackwell, CrowdStrike, Robert F Kennedy, we'll, JM Smucker, Jim Cramer's, Jim Organizations: CNBC, ., Walmart, Costco, Utilities, Nvidia, Coterra Energy, Technology, Enterprise, Department of Health, Human Services, Department of Justice, Google, Chrome, Burlington Stores, Dick's Sporting Goods, JM, Abercrombie, Fitch, Dell Technologies, HP Inc, Federal, Jim Cramer's Charitable, Traders, New York Stock Exchange, NYSE Locations: New York City

☆ Apple and Google could face a competition probe over their huge mobile ecosystems in the UK
▼ + stars: | 2024-11-22 | by ( Ryan Browne | ) www.cnbc.com time to read: +2 min

LONDON — Apple and Google could face a competition investigation into their dominance of mobile web browsers and apps in the U.K. The U.K.'s Competition and Markets Authority issued a report Friday with a provisional decision from an independent inquiry group tasked by the regulator with carrying out an in-depth review of the mobile browser markets. In the report, the group recommended that the CMA investigates Apple and Google's activities in mobile ecosystems under the new Digital Markets, Competition and Consumers Act (DMCC), a new U.K. law coming into force next year which seeks to prevent anti-competitive behavior in digital markets. The DMCC is akin to the Digital Markets Act in the European Union. The group also said it found a revenue-sharing agreement between Google and Apple to make Google the default search engine on iPhone "significantly reduces their financial incentives to compete in mobile browsers on iOS."

Organizations: Apple, Google, Markets Authority, CMA, Markets, Competition, Consumers, Digital, European Union

☆ The do's and don'ts of planning your holiday shopping to avoid the rush, according to a Google Trends expert
▼ + stars: | 2024-11-22 | by ( Ana Altchek | ) www.businessinsider.com time to read: +3 min

A Google Trends and tech expert suggests avoiding bakeries, salons, and grocery stores on Saturdays. The holiday season is right around the corner and planning your week ahead could help you beat the crowds and save time. Business Insider spoke to Google Trends and technology expert Jennifer Jones ahead of Thanksgiving to get advice on the best way to plan your week during the holiday rush. AdvertisementIf you plan to shop on Black Friday, Google's data shows that the busiest travel times are between 11:00 a.m. and 2:00 p.m. Don't hit the road on these daysIf you plan to travel Thanksgiving week, make sure you avoid leaving Friday.

Persons: Jennifer Jones, Saturday Jones, Jones, it's Organizations: Google, Business, Saturday

CNN —Nearly six years after actor Jussie Smollett was accused of staging a hate-crime hoax in downtown Chicago and lying to police, an Illinois Supreme Court decision overturned his conviction on Thursday over prosecutorial issues, according to the Associated Press. Brothers Olabinjo Osundairo and Abimbola Osundairo arrive at court for a hearing for actor Jussie Smollett in Chicago on July 14, 2021. Kamil Krzaczynski/ReutersIn a statement thanking fans in 2019, Smollett said he had “been 100% factual and consistent on every level” in response to doubts about his story’s integrity. Smollett told Abimbola Osundairo he was disappointed in the “Empire” team’s reaction to the letter, according to prosecutors. I wouldn’t have had a trial,” Smollett told ET.

Persons: Jussie Smollett, Kim Foxx, –, Nenye, Smollett’s, Joe, ” Uche, “, he’s, ”, CNN’s Laura Coates, Foxx, Dan K, Webb, Smollett, Donald Trump –, Olabinjo, Abimbola Osundairo, Kamil Krzaczynski, Eddie Johnson, ” Johnson, Johnson, Brian CassellaPool, Holliday, ” Smollett, Tonight’s Nischelle Turner, ‘, Chris Boyette, Bill Kirkos, Omar Jimenez, Steve Almasy, Ashley Killough, Christina Maxouris Organizations: CNN, Associated Press, AP, Fox, ”, Chicago, Smollett, Chicago Police Department, Authorities, Reuters, Chicago Police, Chicago police, Police, Chicago Tribune Locations: Chicago, Illinois, Cook, City, MAGA, Cook County

☆ Amazon Invests $4 Billion in Anthropic, Deepening Its A.I. Ties
▼ + stars: | 2024-11-22 | by ( Adam Satariano | More About Adam Satariano | ) www.nytimes.com time to read: +1 min

While Anthropic and OpenAI continue to raise significant sums, some smaller companies have essentially been folded into Google and Microsoft. U.S. regulators are also scrutinizing the multibillion-dollar investments that Microsoft, Amazon and Google are putting into A.I. But the deals are seen as allowing the big companies to form deep ties with their smaller rivals while avoiding most government scrutiny. Like OpenAI, Anthropic is a developer of so-called generative A.I., the technology capable of learning from vast amounts of data to create humanlike text and images. Anthropic has tried to position itself as one of the more responsible actors in the field of A.I.

Persons: OpenAI, Anthropic’s Claude, Anthropic Organizations: Google, Microsoft, The New York Times, The Times Locations: U.S

☆ Amazon to invest another $4 billion in Anthropic, OpenAI's biggest rival
▼ + stars: | 2024-11-22 | by ( Hayden Field | ) www.cnbc.com time to read: +3 min

Amazon on Friday announced it would invest an additional $4 billion in Anthropic, the artificial intelligence startup founded by ex-OpenAI research executives. Anthropic is the company behind Claude — one of the chatbots that, like OpenAI's ChatGPT and Google's Gemini, has exploded in popularity. In March, Amazon's $2.75 billion investment in Anthropic was the company's largest outside investment in its three-decade history. The companies announced an initial $1.25 billion investment in September 2023. In September, Anthropic rolled out Claude Enterprise, its biggest new product since its chatbot's debut, designed for businesses looking to integrate Anthropic's AI.

Persons: Claude chatbot, Claude —, Claude, It's, Anthropic, Jared Kaplan, Kaplan, Claude Enterprise Organizations: Microsoft, Meta, AWS, Amazon's, CNBC, Google Locations: Anthropic, Amazon, San Francisco

☆ 'A lot of room to go' before Google antitrust case is decided, says BofA's Justin Post
▼ + stars: | 2024-11-22 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'A lot of room to go' before Google antitrust case is decided, says BofA's Justin PostJustin Post, BofA Securities senior internet technology analyst, joins CNBC's Kate Rooney and Deidre Bosa on 'The Exchange' to discuss the AI landscape, Google's antitrust scrutiny, and more.

Persons: BofA's Justin, Justin Post, Kate Rooney, Deidre Organizations: BofA Securities

☆ Amazon tries again, with another $4 billion, to get Anthropic to use its AI chips rather than Nvidia GPUs
▼ + stars: | 2024-11-22 | by ( Emma Cosgrove | Ben Bergman | ) www.businessinsider.com time to read: +5 min

The deal includes an agreement for Anthropic to use Amazon's AI chips more. The goal of all this money is mainly to get Amazon's AI chips to be used more often to train and run large language models. It's also going to help Amazon design future Trainium chips and contribute to building out an Amazon AI model development platform called AWS Neuron. The Information reported recently that Anthropic prefers to use Nvidia GPUs, rather than Amazon AI chips. In May, Bernstein analyst Stacy Rasgon told Business Insider he wasn't aware of any companies using Amazon chips at scale.

Persons: Anthropic, It's, Dario Amodei, we've, Andy Jassy, Bernstein, Stacy Rasgon, Jassy, Amodei Organizations: Amazon, Nvidia, Business, Google, — Locations: Anthropic, San Francisco

☆ Why some U.S. companies are scaling back DEI programs
▼ + stars: | 2024-11-22 | by ( Delon Thornton | ) www.cnbc.com time to read: +1 min

Donald Trump's election has left some concerned that his policies could harm diversity, equity and inclusion initiatives, especially given some of his outspoken Cabinet picks and his interest in potentially dismantling the Department of Education. Though some companies are pulling back, many still view DEI as essential. DEI became a top priority for U.S. companies after the 2020 protests following George Floyd's murder. But in the past couple of years, some of these same companies like Google, Meta , Lowe's and Ford have scaled back their DEI initiatives, citing political pressure, high costs and economic uncertainty. Watch the video above to find out more about why some companies are pulling back from DEI initiatives.

Persons: Donald Trump's, Mary, Frances Winters, George Floyd's Organizations: of Education, The, Companies, Harvard Kennedy School, Fortune, McKinsey Institute, Google, Ford

☆ CNBC Daily Open: Expectations can be an irrational thing. Just look at Nvidia
▼ + stars: | 2024-11-22 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Markets digest Nvidia earningsU.S. markets rose on Thursday after digesting Nvidia's earnings release. "If someone bought or if the Bluesky company went down, everything is open source." [PRO] Focus on Nvidia's BlackwellDespite Nvidia's revenue growth rising at a slower pace each subsequent quarter, analysts are still optimistic on the stock.

Persons: Donald Trump, Michael Novogratz, Trump's, Trump, Bluesky, Jay Graber, Nvidia's Blackwell, Blackwell, Colette Kress Organizations: CNBC, U.S . Department of Justice, Google, Chrome, JD Sports, Galaxy Digital, U.S . Federal Reserve, Elon, Nvidia Locations: British

☆ CNBC Daily Open: Expectations can move shares in strange ways — just look at Nvidia
▼ + stars: | 2024-11-22 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Markets digest Nvidia earningsU.S. markets rose on Thursday after digesting Nvidia's earnings release. [PRO] Stimulus boosting Chinese marketsChinese markets are "turning a corner" after the Beijing unleashed several stimulus measures to boost the economy, said HSBC . "The market has so far reacted positively to these initiatives,' analysts from HSBC wrote in a Nov. 19 note, in which they picked two Chinese stocks to hold for 2025.

Persons: Hong, Aftereffects, Gautam Adani, CNBC's Ganesh Rao Organizations: CNBC, U.S . Department of Justice, Google, Chrome, Nikkei, Bank of Japan, Reuters, Adani, Motors, Germany's Volkswagen, Nissan, HSBC Locations: Asia, Pacific, Japan, U.S, India, China, Beijing

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow corporate America may be 'quiet quitting' DEIAs companies navigate a politically charged climate in 2024, some are scaling back their DEI initiatives. While many Fortune 1000 companies committed to DEI after George Floyd's death in 2020, major corporations like Google, Meta, and Ford are retreating amid conservative pressures and economic concerns. However, DEI advocates argue the pullback is overstated, with many executives still prioritizing diversity. Despite challenges, most companies recognize DEI's long-term value.

Persons: George Floyd's Organizations: DEI, Google Locations: America

☆ CFPB expands oversight of digital payments services including Apple Pay, Cash App, PayPal and Zelle
▼ + stars: | 2024-11-21 | by ( Hugh Son | ) www.nbcnews.com time to read: +3 min

The Consumer Financial Protection Bureau on Thursday issued a finalized version of a rule saying it will soon supervise nonbank firms that offer financial services likes payments and wallet apps. That would include payments services from Apple, Google and Amazon, as well as fintech firms including PayPal and Block and peer-to-peer services Venmo and Zelle. While the CFPB already had some authority over digital payment companies because of its oversight of electronic fund transfers, the new rule allows it to treat tech companies more like banks. “Digital payments have gone from novelty to necessity and our oversight must reflect this reality,” said CFPB Director Rohit Chopra. The CFPB said the rule will take effect 30 days after its publication in the Federal Register.

Persons: ”, Rohit Chopra, CFPB, Trump Organizations: Consumer Financial, Tech, Apple, Google, PayPal, “, Federal

☆ Vicky Nguyen shares holiday travel safety tips
▼ + stars: | 2024-11-21 | by ( Dateline Nbc | ) www.nbcnews.com time to read: +6 min

When it comes to holiday travel, the most wonderful time of the year can feel like the most stressful. Andrea Canning spoke with Today Show Senior Consumer Investigative Correspondent, Vicky Nguyen, on today’s episode of Dateline: True Crime Weekly and got some travel safety tips you can use year round. In that same vein, getting a nice night of sleep ahead of time and making sure that you’ve packed the car. Canning: Um, OK, so if you’re flying, any tips on how to book holiday travel with regards to making sure everything goes smoothly, you’re not scammed in some way? The most dangerous part of booking an air travel vacation or holiday is that scam that you mentioned, Andrea.

Persons: Andrea Canning, Vicky Nguyen, Vicky, Good, Canning, Andrea, you’ve, I’ve, you’re, It’s, There’s, we’ve, it’s, “ We’re, Everyone’s Organizations: Consumer Investigative, Department of Homeland Security, TSA, DMV Locations: It’s

☆ DOJ calls for Google to sell Chrome and HomeGoods highlighted on TikTok: Morning Rundown
▼ + stars: | 2024-11-21 | by ( Elizabeth Robinson | Elizabeth Robinson Is A Newsletter Editor For Nbc News | Based In Los Angeles. | ) www.nbcnews.com time to read: +9 min

Trump’s plans for his first day in officePresident-elect Donald Trump plans to waste little time when he begins his second term in office. But much of Trump’s Day One goals will likely focus on stopping illegal immigration, the centerpiece of his candidacy. Chrome, which Google launched in 2008, provides the search giant with data it then uses for targeting ads. Additionally, the DOJ said that Google should be prevented from entering into exclusionary agreements with third parties like Apple and Samsung. These are some of the quirky items TikTok users have discovered during trips to their local HomeGoods stores.

Persons: Donald Trump, Laken Riley’s, Pope Francis, Joe Biden, Trump, won’t, Elon Musk, Vivek Ramaswamy, Matt Whitaker, Matt Gaetz, Dr, Mehmet Oz, Laken Riley, Jose Antonio Ibarra, Ibarra, Riley, Riley’s, Allyson Phillip, “, ”, → Susan Smith, →, Bryan Kohberger, Pope, Carlo Acutis, Francis Basilica, ” Pope Francis, he’ll, Acutis, Maurizio Cattelan’s “, Patrick Mahomes, Travis Kelce —, Milhouse Van Houten, Halyna Hutchins, Joel Souza, Jeff Greenberg, Daysia Tolentino, — Saba Organizations: Catholic, Biden, Trump, Security, Elon, Wall Street, NATO, Cabinet, Medicare, Services, North Carolina Republican, Democratic, U.S, University of Idaho, Google, Chrome The Department, Justice, Chrome, DOJ, Apple, Samsung, Android, Adolescents, Vatican News, FBI, Kansas City Chiefs, Indiana University, Hoosiers, NBC News, Staff, Universal, Getty, NBC, Target Locations: Russia, Ukraine, North, California, Venezuelan, St, Assisi, Italy

☆ Australia launches ‘landmark’ bill to ban social media for children under 16
▼ + stars: | 2024-11-21 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +3 min

SYDNEY, Australia — Australia’s center-left government on Thursday introduced a bill in Parliament that aims to ban social media for children under 16 and proposed fines of up to $32 million for social media platforms for systemic breaches. Australia plans to trial an age-verification system that may include biometrics or government identification to enforce a social media age cut-off, some of the toughest controls imposed by any country to date. France last year proposed a ban on social media for those under 15, but users were able to avoid the ban with parental consent. The law would force social media platforms, and not parents or young people, to take reasonable steps to ensure the age-verification protections are in place. “Social media has a social responsibility ... that’s why we are making big changes to hold platforms to account for user safety,” she said.

Persons: Anthony Albanese, ByteDance’s TikTok, Elon Musk’s, Snapchat, Albanese, Michelle Rowland, Rowland, ” Organizations: ”, Liberal Party, Facebook, Google, YouTube, Labor, United Locations: SYDNEY, Australia, France, United States

The Department of Justice is calling for Google to divest its Chrome browser, following a ruling in August that the company holds a monopoly in the search market. Chrome, which Google launched in 2008, provides the search giant with data it then uses for targeting ads. Additionally, the DOJ said that Google be prevented from entering into exclusionary agreements with third parties like Apple and Samsung. In August, a federal judge ruled that Google holds a monopoly in the search market. Last month, the DOJ indicated it was considering a breakup of Google businesses, including potentially breaking up its Chrome, Play or Android divisions.

Persons: Sherman Organizations: Justice, Google, Chrome, DOJ, Apple, Samsung, Microsoft, Android

☆ Stocks making the biggest moves midday: Netflix, Alphabet, Nvidia, BJ's Wholesale Club and more
▼ + stars: | 2024-11-21 | by ( Pia Singh | In | ) www.cnbc.com time to read: +3 min

Nvidia — Shares of the chipmaker dipped about 1% in midday trading, after gyrating earlier in the session. Analysts polled by LSEG had called for earnings of 75 cents per share on $33.16 billion in revenue. Baidu — U.S. shares of the Chinese search engine fell about 5% after Baidu's third-quarter revenue declined by 3% compared to the year-ago period . BJ's Wholesale Club — Shares moved 9% higher after the warehouse club's third-quarter adjusted earnings beat the Street's estimates. The company said it will increase its membership fee and announced plans to repurchase $1 billion shares.

Persons: LSEG, Snowflake, Sridhar Ramaswamy, Merus, Goldman Sachs, — Stocks, Michael Novogratz, MicroStrategy, Miner Mara Holdings, BJ's, PDD, — CNBC's Sean Conlon, Yun Li, Michelle Fox Organizations: Nvidia —, Nvidia, Baidu, Department of Justice, Google, Chrome, Netflix, of America, —, Galaxy Digital, Miner, BJ's Wholesale, PDD Holdings

☆ I moved from the US to Rome for a slower pace of life, but after 7 years I've realized there are some Italian ways I'll never fully adjust to
▼ + stars: | 2024-11-21 | by ( ) www.businessinsider.com time to read: +5 min

I moved to Italy in my 20s after a summer study abroad in Rome during my senior year of college. The most shocking cultural differences are the little things in daily lifeA big part of the "la dolce vita" concept is that life moves slower. Italy isn't as "online" as the US, so you're better off going to a place in person rather than trying to call or email. AdvertisementThe traditional Italian home, which is pretty tiny, isn't designed for people to spend a lot of time there. Seeing the way Italians live, though, has left me in awe of the typical American home, decorated to personal taste with private green space.

Persons: I'm, it's, I've Organizations: KFC, Google Locations: Italy, Rome, United States, America, —, Missouri

☆ 3-Stock Lunch: Google, Deere and Starbucks
▼ + stars: | 2024-11-21 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email3-Stock Lunch: Google, Deere and StarbucksQuint Tatro, Joule Financial founder, joins 'Power Lunch' to discuss stock plays for three stocks.

Persons: Quint Tatro Organizations: Google, Deere, Joule Financial

☆ DOJ seeks Google Chrome break off
▼ + stars: | 2024-11-21 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDOJ seeks Google Chrome break offCNBC's Deidre Bosa joins 'Money Movers' with the latest details on the DOJ's scrutiny of Google.

Persons: Bosa Organizations: DOJ, Google

☆ 'Fast Money' traders talks regulatory headwinds in the Big Tech space
▼ + stars: | 2024-11-21 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'Fast Money' traders talks regulatory headwinds in the Big Tech spaceThe 'Fast Money' traders talk recent slate of regulatory headwinds that could impact Big Tech including Amazon and Google.

Organizations: Big Tech, Amazon, Google

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