DIRS.INFO The most relevant business & tech news

A Hurricane Milton tornado tore through a Florida retirement community Wednesday, killing multiple residents and leaving a level of destruction not seen locally for decades, officials said. Four people died in St. Lucie County, on Florida’s east coast, and more than one of those fatalities came at the Spanish Lakes Country Club Village, a neighborhood designed for residents 55 and older, county spokesman Erick Gill said. “I can’t confirm that all of them [the four deaths] were from the Spanish Lakes neighborhood that was hardest hit,” Gill told NBC News. “I’ve worked for St. Lucie County for 21 years. “We’re not going to stop until we double-check, triple-check to make sure that anyone in there that needs to be rescued is rescued,” St. Lucie County Sheriff Keith Pearson said in a video message to the community.

Persons: Lucie County, Erick Gill, “, ” Gill, Milton, Gill, “ I’ve, Frances, Jeanne, We’re, ”, Keith Pearson Organizations: Hurricane Milton, Lakes Country Club, Spanish Lakes, NBC News, Lakes Country, Google, Hurricane, St Locations: Florida, St, Lucie, Florida’s, Spanish, Fort Pierce, Fla, Hurricane Milton, ”, “, Lucie County, ” St

☆ The WNBA is having a real moment - Caitlin Clark and the league’s historic season by the numbers
▼ + stars: | 2024-10-10 | by ( Harry Enten | ) edition.cnn.com time to read: +4 min

They’ve been higher this WNBA season, starting with the draft in April, than at any point since we’ve had data (2004). A little more than 4,000 people attended their average game in 2023, which ranked them second to last. Angel Reese and Caitlin Clark were teammates in the 2024 WNBA All-Star Game. More people tuned into the average nationally televised WNBA game this season, 657k, than in any season in the 21st century. These Sky-Fever numbers actually match or exceed the average nationally televised MLB regular season game.

Persons: I’m, Caitlin Clark, They’ve, we’ve, Clark, Angel Reese, Juan Ocampo, Reese, Reese showdowns, Tiffany Hayes, Sabally, Ethan Miller, Aaron Judge, Mike Trout, It’s Organizations: CNN, Indiana Fever, WNBA, NBA, hometown Indiana Pacers, Chicago Sky, Getty, CBS Sports, ESPN, Liberty, Las Vegas Aces, Clark’s Locations: York

☆ A lot is riding on Musk and Tesla’s ‘robotaxi’ event
▼ + stars: | 2024-10-10 | by ( Chris Isidore | ) edition.cnn.com time to read: +6 min

New York CNN —Elon Musk and Tesla have pledged a game-changing moment in the company’s history Thursday night. For the last decade, the electric vehicle maker’s CEO has vowed that true self-driving cars from Tesla were right around the corner. And even if the technology is as advanced as Musk likes to claim, getting regulatory approval to operate could be difficult. Tesla and Musk have made promises many, many times before about autonomous vehicle capabilities and when true self-driving would be available. “Either you walk away from the event as a jaw dropping moment, or you walk away with a shrug of shoulders event.”

Persons: New York CNN — Elon, Tesla, ”, Dan Ives, Waymo, they’ve, GM’s, Musk, “, FSD, “ You’d, Gordon Johnson, it’s, Gene Munster, ” Munster, “ They’ve, Ives Organizations: New, New York CNN, Warner Bros, Wedbush Securities, Apple, Motors ’, state’s Department of Motor Vehicles, Deepwater Asset Management, Munster Locations: New York, California

☆ Big backer of Nvidia heaps on praise after the recent stock rally. Where we stand now
▼ + stars: | 2024-10-10 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +4 min

Morgan Stanley has a buy-equivalent rating on the Club stock and a price target of $150 a share, implying 13% upside from Wednesday's close. If artificial intelligence models are tasked with completing more complicated tasks, that could play into Nvidia's hands over time, Morgan Stanley reasoned. Several positive updates on AI adoption last month helped Nvidia's stock mount the comeback, which has completely erased a severe post-earnings slide that began Aug. 28 . More recently, Nvidia CEO Jensen Huang has touted "insane" demand for Blackwell . Nvidia CEO Jensen Huang talks onstage with Salesforce CEO Marc Benioff during Salesforce's Dreamforce on September 17, 2024 in San Francisco, California.

Persons: Morgan Stanley's, Jensen Huang, Morgan Stanley, Nvidia's, Morgan, Jim Cramer, Jim Cramer's, Jim, Marc Benioff, Salesforce's Dreamforce, Justin Sullivan Organizations: Nvidia, Club, Blackwell, Tech, Microsoft, Nasdaq, Google, Apple, Devices, Broadcom, CNBC, Getty Locations: —, San Francisco , California

☆ Here are the best and worst-case scenarios for Google in its battle with the DOJ
▼ + stars: | 2024-10-10 | by ( Hugh Langley | ) www.businessinsider.com time to read: +6 min

AdvertisementFor years, the US Justice Department's lawsuit against Google's Search business has been largely ignored by Wall Street and even many of Google's employees. They also include sharing some of Google's search data with rivals. The DOJ is also considering cracking open Google's search index and forcing it to share data, including the nitty-gritty of how Google ranks website quality. The DOJ said this could include the models used for Google's AI Search features. AdvertisementThe DOJ has said it's also weighing a proposal that websites can opt out of Google's AI training and from appearing in AI search results altogether.

Persons: —, Department's, Bernstein, Amit Mehta, Dan Morgan, monetization, Max, Morgan, Dan Ives, Liz Reid, Marissa Mayer, it's, It's Organizations: US Justice Department, Google, Analysts, Service, Google's, Wall, DOJ, Apple, European Union, Chrome, Wedbush, Tech, Media, Finance, Sunshine Locations: European, Europe

Learn moreThe October Prime Day event is almost over, and there are only a few hours left to get the best Amazon Prime deals. Below, we've compiled the 100+ best Prime Day deals you can get right now. Tech and gaming Prime Day dealsWhether you're an Apple aficionado looking for a good deal or a gamer yearning for a PS5, Prime Day has you covered. View at AmazonFor more highlights of Prime Day sales on Amazon products, check out our roundups of the best Prime Day Fire TV Stick deals and best Prime Day Amazon Echo deals. You can find the top sales in our guides to the best women's Prime Day clothing and shoes, men's Prime Day clothing and shoes, and Prime Day coach bags.

Persons: we've, there's, Bose, Apple, We've, it's, shams, Dyson, OmniForce, Bissell, Ashley Caitbrook, Ashley, you've, recyclables, callouts, Dyson Airwrap, ”, Gabrielle Chase, “, wardrobes, Tabby, clogs, Pullover Organizations: Business, Amazon Prime, Apple, Samsung, PlayStation, LG, Amazon, Apple AirPods, Amazon Bose, Amazon LG, Tech, Sony, Google, Slim, Air, MacBook, Amazon Apple, Amazon Samsung Galaxy Watch, Galaxy Watch, Garmin, Amazon Samsung, Galaxy, Alexa, Kindle, Casper, Pillow, Dyson, Upright, Bissell, AMD, futon, Amazon Philips, Chatelet Air, DELTA, Delta, Philips, Adidas Locations: Amazon, Keurigs

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhat a Google break up would mean for investorsIn August 2024, a federal judge determined that the online search giant Google is a monopolist that wields its power to stifle competition. The court opinion builds on years of investigation into one of the most valuable companies in the U.S. stock market. Some observers believe the raft of antitrust lawsuits could lead to a structural break-up of Google, which could potentially unlock value for investors.

Organizations: Google Locations: U.S

☆ Mark Cuban says his best employees share this soft skill: 'You need to reduce stress, not create it'
▼ + stars: | 2024-10-10 | by ( Morgan Smith | ) www.cnbc.com time to read: +2 min

The best employees Mark Cuban has hired aren't the ones with unwavering confidence or sharp business acumen. "For me, the number one thing is you reduce stress rather than create it," Cuban, 66, told CNBC Make It at an event announcing his AI partnership with Google. "There's a lot of people that are just a whirlwind and everything seems to be difficult, causing a lot of unnecessary stress." Research has shown that stress seriously impacts productivity and job performance, and it's estimated to cost American businesses more than $300 billion every year. With all this in mind, Cuban said, "the greatest value you can offer a boss is to reduce their stress."

Persons: Mark Cuban, Cuban, Wiens, It'll Organizations: CNBC, Google, Research, University of Pennsylvania's, Medical Education

☆ Why the U.S. government is investigating Google
▼ + stars: | 2024-10-10 | by ( Carlos Waters | In Carloswaters | ) www.cnbc.com time to read: +3 min

Google, the online search and digital ad goliath, is the first U.S. tech giant to land in federal court fighting antitrust concerns in decades. Google controls an estimated 88% of the market for general search online, according to the August opinion from Judge Mehta. And late in 2023, a jury delivered a guilty verdict against Google in a trial about business practices related to the Google Play app store. In September 2024, Epic filed an additional antitrust lawsuit against Google and Samsung, alleging that the company continued to use its monopoly power to unfairly harm competition. Watch the video above to see why the U.S. government is investigating Google.

Persons: Amit Mehta, Judge Mehta, Bing, Lee Hepner, Nikolas Guggenberger, Gene Munster Organizations: Google, U.S, District of Columbia, Justice Department, American Economic Liberties, Epic Games, Samsung, University of, Deepwater Asset Management, CNBC Locations: U.S

☆ OpenAI chair Bret Taylor talks AI agents, regulation and the tech's current boom
▼ + stars: | 2024-10-10 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +2 min

Bret Taylor, board chairman of OpenAI, joined CNBC's Squawk on the Street Thursday to discuss his artificial intelligence startup Sierra. Taylor co-founded Sierra in March of 2023, and it aims to help companies build AI agents that can interface directly with their customers. AI agents vary in their complexity, but they can generally help users answer questions, automate processes and perform specific tasks, according to the company's website. Sierra is already valued at around $4 billion, and Taylor said he is excited to build an "enduring company." Taylor joined OpenAI's board after the company's CEO Sam Altman was briefly ousted last fall.

Persons: Bret Taylor, CNBC's Squawk, Taylor, We're, Sam Altman, Mira Murati Organizations: OpenAI, Sierra, Google, Big Tech Locations: Silicon, U.S

☆ The Nobel committee just entered the AI chat
▼ + stars: | 2024-10-10 | by ( Allison Morrow | ) edition.cnn.com time to read: +4 min

When asked by a reporter whether the committee took the AI connection into consideration when judging the nominees, one member on the chemistry committee basically brushed off the question and insisted the decisions were made purely on the science. The Nobel committee letting politics or PR weigh on their decisions? At first glance, it could seem like the Nobel committee has been gulping down Big Tech’s AI Kool-Aid. While gesturing to generative AI, Wong noticed that no one mentioned ChatGPT or Gemini or any other consumer-facing AI tools that companies are peddling. Similarly, in announcing the chemistry prize on Wednesday, committee members talked a lot about amino acid sequences and structural biochemistry.

Persons: CNN Business ’, —, John Hopfield, Geoffrey Hinton, — Demis Hassabis, John M, David Baker, CNN’s Jake Tapper, Hassabis, Matteo Wong, Wong, ” Wong Organizations: CNN Business, New York CNN, Princeton, Google, New York Locations: New York, US, Stockholm

☆ Here are Thursday's biggest analyst calls: Nvidia, Microsoft, Netflix, CVS, Honeywell, Nike, AIG, Sunnova & more
▼ + stars: | 2024-10-10 | by ( Michael Bloom | ) www.cnbc.com time to read: +14 min

Barclays upgrades CVS to overweight from equal weight Barclays said the stock is a "new margin story." JPMorgan downgrades Honeywell to neutral from overweight JPMorgan said it's downgrading the stock after 15 years with an overweight rating. UBS upgrades Tronox to buy from neutral UBS said it's bullish on the chemical manufacturer. "We upgrade shares of EVGO from Neutral to Buy, following the $1.05bn DOE loan conditional commitment announced last week. "Our bullish view of AIG reflects its outsized EPS growth, lower exposure to risks facing commercial lines carriers (casualty reserves and higher cat loads), high capital flexibility, and attractive valuation."

Persons: Morgan Stanley, Goldman Sachs, Goldman, it's bullish, Jefferies, TD Cowen downgrades, Cowen, Bernstein, Brinker, Kevin Hochman, Truist, it's, BIRK, Cantor Fitzgerald, Mara, Cantor, MARA, Wolfe, Google's, Satya Nadella, Lucas Jackson Organizations: Nvidia, Netflix, Barclays, JPMorgan, Honeywell, Microsoft, UBS, TD Cowen downgrades Pepsi, U.S, Department of Energy, DOE, RBC, PayPal, Cirrus, Bank of America, underperform Bank of America, Nike, Mara Holdings, AIG, DOJ, Google, Reuters Locations: EVGO, EAT's, LHX, New York City

☆ Prime Day TV Deals: Up to 50% Off Samsung, LG and More
▼ + stars: | 2024-10-09 | by ( Henry St. Leger | ) www.nbcnews.com time to read: +9 min

I frequently cover shopping events like Prime Day, Black Friday and Cyber Monday as a freelance writer for NBC Select, so I know how to find deals that are actually worth buying. SKIP AHEAD Best Prime Day TV deals | Best Prime Day TV sales | How I picked the best TV deals | Why trust NBC Select? Best Prime Day TV deals4.4-star average rating from 579 reviews on AmazonLowest price in three monthsThe Samsung QN90C is one of the best TVs out there, in my opinion. There are few features and no Fire TV platform — you’ll need a Fire TV Stick for that — but as an entry-level soundbar, it’s worth picking up for this October Amazon Prime Day. Best Prime Day TV salesHere are the best Prime Day TV sales to know about.

Persons: I’ll, Samsung’s, you’re, TikTok Organizations: NBC, Big Deal, Samsung, Amazon, LG, Fire, Netflix, Amazon Prime, Disney, Google, Wellness, Bath, Giftable Tech, Facebook, Twitter

☆ She explores the world ‘until it’s ugly.’ The internet is obsessed
▼ + stars: | 2024-10-09 | by ( Francesca Street | ) edition.cnn.com time to read: +10 min

She doesn’t talk much – other than to declare what she sees “not ugly” or “ugly.” Her eyes widen and her forehead furrows depending on what she sees. Her Google Earth videos were born out of her desire to explore the globe, within the constraints of her lifestyle as a Londoner in her early 20s. Exploring the globeGupta posted her first “exploring every country until it’s ugly” video this past summer, on her TikTok and Instagram. (She goes by @natooooooosh on both platforms)Pretty quickly, Gupta’s videos were inundated with likes, views and comments. Natasha GuptaThe idea of exploring the world via Google Earth or Google Street View in the name of art and/or internet content – isn’t new.

Persons: Natasha Gupta, Gupta, ”, It’s, Gupta’s, “, ” Gupta, –, Jay Fujiwara, – Gupta, “ I’m, she’s, you’re, She’s, Natasha Gupta Gupta, “ It’s, London . Gupta, ’ Organizations: CNN, Google Locations: France, Philippines, Japan, England, London, Australia, Italy, New York, Ohio, Bulgaria, Poland, Milan

☆ Jim Cramer says Google would be 'a shell of its former self' if DOJ forces a breakup
▼ + stars: | 2024-10-09 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +3 min

CNBC's Jim Cramer on Wednesday criticized the Department of Justice's potential remedies in the Google search-monopoly case, arguing that, if they were implemented, the California tech giant would be "a shell of its former self." In early August, Judge Amit Mehta ruled that Google used illegal practices to maintain a monopoly in the internet search market. "This is devastating," Cramer said Wednesday on "Squawk on the Street," reacting to the DOJ filing. The stock has lagged the S & P 500 considerably since the monopoly ruling was handed down Aug. 5. Including Wednesday's intraday move, shares are down more than 3.5% compared with a nearly 8% gain for the S & P 500.

Persons: CNBC's Jim Cramer, Amit Mehta, Cramer, Lee, Anne Mulholland, It's Organizations: of, Google, U.S ., Trust, CNBC, Justice Department, Wall, Greyhound, Club Locations: California, U.S

☆ DOJ considers breakup of Google as remedy to guilty antitrust verdict
▼ + stars: | 2024-10-09 | 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 considers breakup of Google as remedy to guilty antitrust verdictCNNBC's Jennifer Elias reports on the latest news from Google.

Persons: Jennifer Elias Organizations: DOJ, Google

☆ CNBC Daily Open: Opportunity in October’s choppiness for stocks
▼ + stars: | 2024-10-09 | 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. Both West Texas Intermediate and Brent futures retreated 4.63% during U.S. trading hours Tuesday, halting the red-hot rally oil prices have experienced the past week. The central bank's likely to make another half-point cut in November, Paul Bloxham, HSBC's chief economist for Australia and New Zealand, told CNBC. On the back of such turbulence, CNBC Pro asks two strategists whether now's the time to invest in China.

Persons: It's, Paul Bloxham, HSBC's Organizations: Central, CNBC, Technology, Nasdaq, Google, U.S . Department of Justice, U.S, The New York Times, West Texas Intermediate, Brent, Reserve Bank of New, CSI, CNBC Pro Locations: New York, United States, Jerusalem, Israel, Zealand, Reserve Bank of New Zealand, Australia, New Zealand, China

☆ DOJ considering Google breakup, hedge fund manager discusses
▼ + stars: | 2024-10-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDOJ considering Google breakup is just a 'haircut' to the stock's valuation: Hedge fund managerDavid Neuhauser of Livermore Partners discusses the U.S. Department of Justice's consideration of a Google breakup and where he sees investment opportunities in technology and artificial intelligence.

Persons: David Neuhauser Organizations: DOJ, Google, Livermore Partners, U.S . Department

☆ Why Google should negotiate with the DOJ
▼ + stars: | 2024-10-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy Google should negotiate with the DOJGil Luria, D.A. Davidson managing director, joins CNBC's 'Squawk on the Street' to discuss the DOJ considering breaking up Google, how Google should handle the case and what businesses it could possibly let go if needed.

Persons: DOJ Gil Luria, D.A, Davidson Organizations: Google, DOJ

☆ The DOJ is considering asking judge to break up Google
▼ + stars: | 2024-10-09 | by ( Jordan Hart | Kelsey Vlamis | ) www.businessinsider.com time to read: +4 min

Prosecutors proposed remedies after Google antitrust violation ruling by a federal judge. Judge Amit Mehta previously ruled Google violated antitrust laws by securing default search deals. AdvertisementProsecutors said they're considering a requirement that Google share the data that powers a big chunk of its business — the inputs and models for Google search and search results — through an application programming interface. Another proposal would prevent the company from using its other products, such as Chrome and Android, to promote Google search over competitors. Google previously said that the company plans to appeal the ruling, which could delay the judge from imposing any remedies filed by the prosecution.

Persons: Amit Mehta, —, Prosecutors, doled, Evelyn Mitchell, Wolf, Mehta, Dan Ives Organizations: Service, Google, Big Tech, Apple, Prosecutors, Companies, Microsoft, Wedbush Securities, Department of Justice

☆ Rep. Ro Khanna on DOJ-Google antitrust case, child online safety concerns and 2024 election
▼ + stars: | 2024-10-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRep. Ro Khanna on DOJ-Google antitrust case, child online safety concerns and 2024 electionRep. Ro Khanna (D-Calif.) joins 'Squawk Box' to discuss news of DOJ considering a possible breakup of Google following the court's monopoly ruling, child online safety concerns, state of the 2024 election, and more.

Persons: Ro Khanna Organizations: DOJ, Google

☆ What the Google break-up threat means for Alphabet's stock
▼ + stars: | 2024-10-09 | by ( Hakyung Kim | In Hakyungkim | ) www.cnbc.com time to read: +3 min

The Justice Department's proposals included "behavioral and structural remedies" that would prevent Google from using its products against its rivals. GOOGL YTD mountain Google shares in 2024 Overall, Alphabet shares likely won't change much on the DOJ's initial framework in the short term, according to JPMorgan. The myriad of potential outcomes for Google means there isn't much near-term clarity for the stock. Indeed, Alphabet shares are up 15% in 2024, versus S & P 500's 21% gain. The bigger catalyst for Alphabet shares is the company's opportunity to further reduce its headcount and save on costs, analyst Thomas Champion wrote in a Sept. 30 research note.

Persons: Doug Anmuth, Anmuth, JPMorgan's Anmuth, Craig Moffett, Moffett, Piper Sandler, Thomas Champion, — CNBC's Jennifer Elias, Michael Bloom Organizations: Justice, Google, DOJ, JPMorgan, Meta Locations: U.S

☆ Judge's ruling against Google in Epic Games case highlights a shift in antitrust law
▼ + stars: | 2024-10-09 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +6 min

A law professor said the ruling shows how antitrust law is used against Big Tech companies. Management and law experts told Business Insider the ruling highlights how antitrust law is being used against Big Tech companies — and could cost Google billions of dollars in lost revenue. Historically, he said, liberal judges tended to favor antitrust law more than conservative ones. When Epic Games' case against Apple was similarly appealed, the Supreme Court denied requests to hear it, leaving Apple with its partial victory. AdvertisementRepresentatives for Epic Games directed Business Insider to a public thread about the Google ruling, posted on X by the company's CEO, Tim Sweeney.

Persons: —, James Donato's, Peter Cohan, Cohan, Apple, Yvonne Gonzalez Rogers, Eric Chaffee, Chaffee, Alden Abbott, Abbott, Tim Sweeney, Sweeney Organizations: Google, Apple, Big Tech, Service, Management, Epic Games, Northern, Northern District of, Babson College, Case Western Reserve University School of Law, Epic, DOJ, Business, Mercatus Center Locations: California, Northern District, Northern District of California, United States

☆ Who will win the robotaxi race? Tesla, Waymo, or Uber?
▼ + stars: | 2024-10-09 | by ( Alistair Barr | ) www.businessinsider.com time to read: +7 min

Today, consumers open the Uber app because they know there will likely be loads of cars nearby to pick them up. And drivers come to Uber because they know there will be many riders waiting and willing to pay. Uber doesn't buy and maintain cars. AdvertisementA robotaxi futureWhat happens if Tesla and Waymo driverless cars replace human drivers? It has already struck deals with Waymo and Cruise, another AV company, to have their driverless cars be part of the existing Uber rideshare network.

Persons: Tesla's, Elon, Uber, Uber doesn't, Tesla, Bernstein, Lyft, Waymo, Ben Thompson, Thompson, Dara Khosrowshahi Organizations: Google, Tech, Waymo

☆ It would be hard to find any regular people who think Google is a bad actor, says Jim Cramer
▼ + stars: | 2024-10-09 | by ( Jim Cramer | ) 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 EmailIt would be hard to find any regular people who think Google is a bad actor, says Jim Cramer'Mad Money' host Jim Cramer looks at regulatory headwinds facing the market.

Persons: Jim Cramer Organizations: Google

Search resuls for: "Google"

25 mentions found