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George Walker IV/AP Trump supporters watch election results come in at his election night party at the Palm Beach County Convention Center. Eva Marie Uzcategui/Bloomberg/Getty Images Election workers process mail-in ballots in West Chester, Pennsylvania, on Tuesday. Trump and Harris tied with three votes each in the tiny New Hampshire township, kicking off Election Day. Joseph Prezioso/AFP/Getty Images Election workers prepare ballots in Denver on Monday, November 4. RJ Sangosti/The Denver Post/Getty Images A patron eats inside a restaurant near the White House that had plywood covering its windows on the eve of Election Day. David Dee Delgado/AFP/Getty Images Election workers sort ballots during early voting in San Francisco on Thursday.

Persons: Donald Trump, Trump, Kamala Harris, Joe Biden, he’d, George W, Bush, Harris, Hillary Clinton, Austin Steele, Roe, Wade, Biden, It’s, West Virginia Sen, Joe Manchin’s, Jim Justice’s, Montana Sen, Jon Tester, Tim Sheehy, Ohio Sen, Sherrod Brown, Bernie Moreno, Sue Ogrocki, Colin Allred, Texas Sen, Ted Cruz, Debbie Mucarsel, Powell, Sen, Rick Scott, Mitch McConnell, John Cornyn, South Dakota Sen, John Thune, Democrats didn’t, Hakeem Jeffries, hamstrung, they’re, Harris underperformed Biden, –, ”, Jen O’Malley Dillon, David Axelrod, Puerto Rico, Chip Somodevilla, Ron DeSantis romped, Melania, Barron, “, Will Lanzoni, CNN Trump, Ian Maule, Go Nakamura, Jeff Roberson, Vincent Alban, Chet Strange, Leah Charles, Tianna Adams, George Walker IV, Christian Monterrosa, Shelby Knowles, Jason Bean, Rebecca Blackwell, Leah Millis, Brynn Anderson, Matt York, Paul Kuehnel, David Robert Elliott, Nathan Howard, San Francisco Columbarium, Jeff Chiu, Nicole Craine, Ernesto Benavides, Steven Vandenburgh, Charlie Riedel, Lindsey Wasson, Andres Leighton, Butch Wilmore, Suni Williams, Nick Hague, Don Pettit, Hague, Eva Marie Uzcategui, Matt Slocum, Susan B, Anthony, Lauren Petracca, Richard Burkhart, Ronald Reagan, Chris Pizzello, Rebecca Droke, Jay Janner, Ken Brandon, Charlie Neibergall, Scott Morgan, John Locher, Jordan Dunson, Chris Lachall, Bill Clark, David Goldman, David Dee Delgado, Suzanne Kreiter, Ryan Collerd, Joseph Prezioso, Charles Rex Arbogast, Patrick T, Fallon, Evan Vucci, Nam, Rebecca Cook, Elijah Nouvelage, Ed Jones, Jonathan Drake, Reuters Ohio Sen, JD Vance, Carolyn Kaster, Carlos Berríos Polanco, Skye, Quinn Glabicki, Jose Luis Magana, RJ Sangosti, Robyn Beck, Zach Boyden, Holmes, Mike Stewart, Carlos Osorio, Steven Senne, David Paul Morris, Kayria Hildebran, Jenny Kane, Craig Hudson, Bing Guan, Scott Olson, Lynne Sladky, Allison Joyce, Megan Varner, Scott Graham, Adam Bettcher, RONDA CHURCHILL, Republicans —, Texas — Organizations: CNN, White, Republican Senate, Democrats, Biden, Sun, Republican, Trump, Howard University, Democratic, Republicans, GOP, Navy, Bernie Moreno . Ohio Republican, AP Democrats, Senate, Rural, Penn State University, CNN –, Dorton, Voters, Republican Gov, Miami, Dade, CNN Trump, Reuters Trump, West Palm Beach, Reuters, Carolina, AP Trump, Convention, Center, Bloomberg, Getty, Empire, People, Reno Gazette, USA, Florida's, AP Observers, Spelman College, AP, York Hospital, Kansas City Urban Youth Academy, New York Times, CNN Howard University, San Francisco, AP Voters, NASA, Space, Mount Hope, Savannah Morning, Ronald Reagan Presidential, Austin American, Statesman, Hartford Memorial Baptist Church, Honda, Allegiant, Las Vegas Raiders, First Presbyterian Church, City, Inc, First Presbyterian, of, Boston Globe, Getty Images Trump, College Park ,, Getty Images Workers, Sipa, US, Denver Post, City of, Reuters Voters, City Hall, Atlanta's, Museum of Art, Pisgah Baptist Locations: Pennsylvania, Michigan, Wisconsin, Georgia, North Carolina, Arizona, Nevada, Michigan , Pennsylvania, Arizona , Georgia, New Mexico, Virginia, Trump, Washington , DC, West, Montana, Bernie Moreno ., Westlake , Ohio, Kentucky, Texas, South Dakota, Washington, New York, California, America, Pennsylvania’s Huntingdon, Montgomery County, Philadelphia, Harris, Oakland County, Trump’s, Raleigh , North Carolina, United States, Florida, Ohio, Dade County, West Palm Beach , Florida, Las Vegas, Chandler , Arizona, West Palm Beach, West Palm, Pewaukee , Wisconsin, Denver, Greensboro , North Carolina, Beach, Fulton, Fairburn , Georgia, Reno , Nevada, St . Petersburg , Florida, Atlanta, Phoenix, York , Pennsylvania, Kansas City , Missouri, Waleska , Georgia, Navajo, Kayenta , Arizona, AFP, Lawrence , Kansas, Seattle, Chinle , Arizona, West Chester , Pennsylvania, Rochester , New York, Garden City , Georgia, Savannah, Simi Valley , California, Pittsburgh, Austin , Texas, Hartford, Detroit, Omaha , Nebraska, Savannah , Georgia, Camden , New Jersey, San Francisco, Alexandria , Virginia, of Dearborn , Michigan, Boston, Lancaster , New Hampshire, Chicago, Palm Beach , Florida, College Park, College Park , Georgia, Leicester , North Carolina, Reuters Ohio, Cincinnati, Dearborn , Michigan, Caguas , Puerto Rico, Springfield , Pennsylvania, Dixville, New Hampshire, City, City of Industry , California, Des Moines , Iowa, Charlotte , North Carolina, Grand Rapids , Michigan, Providence , Rhode Island, Henderson , Nevada, Bronx, Portland , Oregon, Oregon, New Castle , Delaware, Pisgah, Pisgah Baptist Church, Brooklyn, Kenosha , Wisconsin, Miami, Wilmington , North Carolina, Minneapolis

☆ Trump will win second term, CNN projects, in historic comeback after losing four years ago
▼ + stars: | 2024-11-06 | by ( Stephen Collinson | ) edition.cnn.com time to read: +27 min

Trump’s supporters see him as a unique figure whose blunt, sometimes vulgar and often racially suggestive rhetoric reveals him as a scourge of political correctness. Austin Steele/CNN Trump supporters hold up posters that read "47" as they attend an election watch party in Chandler, Arizona. Go Nakamura/Reuters Trump supporters cheer at his election night watch party in West Palm Beach. George Walker IV/AP Trump supporters watch election results come in at his election night party at the Palm Beach County Convention Center. Patrick T. Fallon/AFP via Getty Images Trump and his wife, Melania, walk up to the press after voting in Palm Beach, Florida, on Tuesday.

Persons: Donald Trump, Trump, ”, Kamala Harris, Joe Biden’s, Trump’s, he’s, Harris, Jack Smith, Melania, Barron, “, Will Lanzoni, CNN Trump, Ian Maule, Austin Steele, Go Nakamura, Jeff Roberson, Vincent Alban, Chet Strange, Leah Charles, Tianna Adams, George Walker IV, Christian Monterrosa, Shelby Knowles, Jason Bean, Rebecca Blackwell, Leah Millis, Brynn Anderson, Matt York, Paul Kuehnel, David Robert Elliott, Nathan Howard, San Francisco Columbarium, Jeff Chiu, Nicole Craine, Ernesto Benavides, Steven Vandenburgh, Charlie Riedel, Lindsey Wasson, Andres Leighton, Butch Wilmore, Suni Williams, Nick Hague, Don Pettit, Hague, Eva Marie Uzcategui, Matt Slocum, Susan B, Anthony, Lauren Petracca, Richard Burkhart, Ronald Reagan, Chris Pizzello, Rebecca Droke, Jay Janner, Ken Brandon, Charlie Neibergall, Scott Morgan, John Locher, Jordan Dunson, Chris Lachall, Bill Clark, David Goldman, David Dee Delgado, Suzanne Kreiter, Ryan Collerd, Joseph Prezioso, Charles Rex Arbogast, Patrick T, Fallon, Evan Vucci, Nam, Rebecca Cook, Elijah Nouvelage, Ed Jones, Jonathan Drake, Reuters Ohio Sen, JD Vance, Carolyn Kaster, Carlos Berríos Polanco, Skye, Quinn Glabicki, Jose Luis Magana, RJ Sangosti, Robyn Beck, Zach Boyden, Holmes, Mike Stewart, Carlos Osorio, Steven Senne, David Paul Morris, Kayria Hildebran, Jenny Kane, Joe Biden, Craig Hudson, Bing Guan, Scott Olson, Lynne Sladky, Allison Joyce, Megan Varner, Scott Graham, Adam Bettcher, RONDA CHURCHILL, Hillary Clinton, –, Smith, Mostafa Bassim, Vladimir Putin, Trumpism, Mike Pence, Sen, Stephen Maturen, Grover Cleveland Organizations: CNN, Washington, Trump, GOP, Republican Party, Capitol, ” Overseas, Howard University, CNN Trump, Reuters Trump, West Palm Beach, Republican, Reuters, Carolina, AP Trump, Convention, Center, Bloomberg, Getty, Empire, People, Reno Gazette, USA, Florida's, AP Observers, Spelman College, AP, York Hospital, Kansas City Urban Youth Academy, New York Times, CNN Howard University, San Francisco, AP Voters, NASA, Space, Mount Hope, Savannah Morning, Voters, Ronald Reagan Presidential, Austin American, Statesman, Hartford Memorial Baptist Church, Honda, Allegiant, Las Vegas Raiders, First Presbyterian Church, City, Inc, First Presbyterian, of, Boston Globe, Getty Images Trump, College Park ,, Getty Images Workers, Sipa, US, Denver Post, City of, Reuters Voters, City Hall, Atlanta's, Museum of Art, Pisgah Baptist, Secret Service, Republicans, Justice Department, White, Police, Anadolu Agency, NATO, Hezbollah, House, Herb Brooks National Hockey Center Locations: Lago, America, Wisconsin, Georgia, Pennsylvania, North Carolina, ”, West Palm Beach , Florida, Las Vegas, Washington , DC, Chandler , Arizona, West Palm Beach, West Palm, Pewaukee , Wisconsin, Denver, Greensboro , North Carolina, Beach, Fulton, Fairburn , Georgia, New York, Reno , Nevada, St . Petersburg , Florida, Philadelphia, Atlanta, Phoenix, York , Pennsylvania, Kansas City , Missouri, Waleska , Georgia, Navajo, Kayenta , Arizona, AFP, Lawrence , Kansas, Seattle, Chinle , Arizona, West Chester , Pennsylvania, Rochester , New York, Garden City , Georgia, Savannah, Simi Valley , California, Pittsburgh, Austin , Texas, Hartford, Detroit, Omaha , Nebraska, Savannah , Georgia, Camden , New Jersey, San Francisco, Alexandria , Virginia, of Dearborn , Michigan, Boston, Lancaster , New Hampshire, Chicago, Palm Beach , Florida, College Park, College Park , Georgia, Leicester , North Carolina, Reuters Ohio, Cincinnati, Dearborn , Michigan, Caguas , Puerto Rico, Springfield , Pennsylvania, Dixville, New Hampshire, City, City of Industry , California, Des Moines , Iowa, Charlotte , North Carolina, Grand Rapids , Michigan, Providence , Rhode Island, Henderson , Nevada, Bronx, Portland , Oregon, Oregon, New Castle , Delaware, Pisgah, Pisgah Baptist Church, Brooklyn, Kenosha , Wisconsin, Miami, Wilmington , North Carolina, Minneapolis, United States, Manhattan, Butler , Pennsylvania, Ohio, Washington, Florida, British, Ukraine, Europe, Taiwan, Israel, Gaza, Lebanon, Iran, Afghanistan, St Cloud , Minnesota

☆ OpenAI has secured a $157 billion valuation. Now comes the hard part.
▼ + stars: | 2024-10-03 | by ( Hasan Chowdhury | Riddhi Kanetkar | ) www.businessinsider.com time to read: +7 min

OpenAI is now worth $157 billion, but it can't rest easy yet. Now comes the hard part: emerging victorious in a fiercely competitive AI industry. Though Sam Altman's company cemented its status as a frontrunner in the generative AI boom this week, securing a new $157 billion valuation after raising $6.6 billion of fresh capital from marquee investors, its leading position is hardly guaranteed. Sure, Altman's company now casts a massive shadow over the industry with its fresh $157 billion valuation. AI companies have been spending huge sums to purchase chips from Jensen Huang's Nvidia.

Persons: OpenAI, —, Sam Altman's, Sam Altman, Andrew Caballero, Reynolds, Altman, Elon Musk's, Ilya Sutskever, Nathan Benaich, Dario Amodei, Jensen, Jeff Chiu, Benaich, it's, VCs Organizations: Service, Valley's, Financial, Nvidia, SoftBank, Microsoft, Elon, Air Street Capital, The New York Times, Google, Big Tech, Meta Locations: Silicon Valley, AFP

☆ California touted reparations push, but advocates say new policies fall short
▼ + stars: | 2024-09-30 | by ( Michela Moscufo | Michela Moscufo Is A Freelance Journalist Based In New York. | ) www.nbcnews.com time to read: +7 min

Members of the California Legislative Black Caucus heralded his signature on four bills, including an apology for the state’s role in promoting slavery. In his remarks, Newsom said the bill could not function without the accompanying Freedmen Affairs Agency, which would have been established by another one of Bradford’s bills. The centerpiece of Bradford’s reparations package was the Freedmen Affairs Agency, which would have overseen state reparations initiatives. By the final hours of the legislative session, dozens of protesters had gathered in the lobby of the Capitol to support Bradford’s bills. Jeff Chiu / AP fileOrganizer Chris Lodgson was another community leader who went to the Capitol to lobby for Bradford’s bills.

Persons: Gavin Newsom, —, Sen, Steven A, Bradford, Newsom, “, ”, Kamilah Moore, Steven Bradford, Reginald Jones, Sawyer, Jeff Chiu, Assemblymember Lori Wilson, Tayfun, Moore, Chris Lodgson, H.R, Sheila Jackson Lee, “ It’s Organizations: California Legislative Black Caucus, Task Force, California Senate, Assembly, Freedmen Affairs Agency, Black Caucus, Force, Black Caucus . California Gov, Getty, Bradford, Capitol, Task, Coalition, Equitable, Congressional Black Caucus, Washington , D.C, National, U.S . Rep Locations: California, Oakland, Calif, San Francisco, Anadolu, Sacramento, Los Angeles, Equitable California, Washington ,, New York, Illinois

☆ Insider Today: Nike's airball
▼ + stars: | 2024-09-22 | by ( Matt Turner | ) www.businessinsider.com time to read: +5 min

Go to newsletter preferencesSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. This story is available exclusively to Business Insider subscribers. I'll be here on the weekend to break down some of the biggest stories in business and help you get ahead. The Oregon-based company last week announced Elliott Hill would return to the company as CEO, replacing John Donahue. AdvertisementAn internal "Frequently Asked Questions" document, obtained by Business Insider, outlined how the RTO plan will work.

Persons: —, Matt Turner, Donald Trump, There's, It's, it's, Elliott Hill, John Donahue, Dre Waltizer, Jeff Chiu, Alyssa Powell, Larry, Wayne Osborne, Osborne, Wayne, Andy Jassy, David X Prutting, Paul Porter, Rebecca Zisser, Alexander brothers, Oren, Alon, Tal Alexander, iStock, — Mark Zuckerberg, Taylor Swift Organizations: Service, Fed, Nike, Business, Investors, Google Locations: China, The Oregon

☆ The race in Big Tech to sell customers on AI products is heating up
▼ + stars: | 2024-09-16 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

Meanwhile, in today's newsletter, we're looking at how AWS is ramping up its sales team to pitch customers on AI . The big storySell, sell, sellAmazon; Getty Images; Alyssa Powell/BIWhen it comes to the AI revolution, building is only half the battle. AdvertisementAfter drawing scrutiny from investors about their massive investments in generative AI, tech companies are prioritizing getting returns on their big bets. Amazon; OpenAI; Microsoft; Getty Images; Chelsea Jia Feng/BIAWS' pressure to ramp up AI sales isn't just focused on ROI. And while these companies can't afford not to pitch their customers on AI tech, they also risk turning them off to the idea by selling them products that might not live up to expectations.

Persons: —, Donald Trump, Trump, Alyssa Powell, Insider's Eugene Kim, Eugene, Chelsea Jia Feng, it's, Anna Kim, Getty, Tyler Le, Martha Stewart, Al Capone, Morgan Stanley, Dre, Jeff Chiu, Larry Page's, Wayne Osborne, Elon, Grimes, Ryan Mac, Kate Conger unearths, Musk, Department's, We've, Kamala Harris, Biden, Booker, Dan DeFrancesco, Hallam Bullock, Milan Sehmbi, Amanda Yen Organizations: Service, FBI, Business, Amazon Web Services, that's, AWS, Microsoft, Getty, Google, Sunshine, Twitter, Huber & Starke, Hollywood, Teamsters Locations: West Palm Beach , Florida, today's, Florida, hustles, New York, London

☆ We're about to find out if Jensen Huang can get investors to snap out of their AI panic
▼ + stars: | 2024-09-11 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +4 min

Read previewJensen Huang faces a monumental task as he takes center stage at a Goldman Sachs event on Wednesday: getting AI investors to stop panicking. However, there are signs suggesting that investors are getting pretty angsty over the future of Nvidia and AI more broadly. The markets are in a panic over AINvidia has been a powerhouse at the center of the generative AI boom. First, Nvidia's 122% year-on-year revenue growth in the last quarter was smaller than the 262% growth it recorded in the previous quarter. "I do not believe that Jensen is able to say anything that will quell investors' nerves," he said.

Persons: —, Jensen Huang, Goldman Sachs, Chris Beauchamp, Jeff Chiu, Beauchamp, Bernstein, Emma Cosgrove, Huang, Blackwell, Alvin Nguyen, Forrester, Jensen Organizations: Service, Nvidia, Technology Conference, Business, Google, Meta, Microsoft, Santa, Big Tech, Blackwell Locations: San Francisco, Santa Clara

☆ Tractor Supply warned climate change and a lack of diversity would hurt business. Now it’s ignoring those risks
▼ + stars: | 2024-07-11 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +9 min

Hal Lawton, the chief executive of the Brentwood, Tennessee-based company, had said these initiatives “make great business sense for Tractor Supply.”But Tractor Supply has decided that all of those risks are now worth ignoring. By walking away from diversity and climate goals, Tractor Supply has become the latest corporate giant to retreat from progressive initiatives it once promoted, joining Bud Light, Target and others. Tractor Supply declined to comment on these statements. Tractor Supply’s customer base has historically been primarily older men, who lean Republican, but Tractor Supply has increasingly tried to draw Millennials and women, who tend to favor Democrats. Tractor Supply’s reversal could hurt it with these customers, who could be crucial as the company’s historic base ages out of the market.

Persons: Hal Lawton, Bud, ”, Nooshin Warren, “ They’re, ” John Boyd, Steve Helber, Robby Starbuck, “, It’s, ” Boyd, Donald Trump, Joe Biden, ” Lawton, ” Eric Bloem, George Floyd, Bill Ackman, Elon Musk, They’ve, Chick, Bud Light, Jeff Chiu, Bud Light’s, influencer Dylan Mulvaney, CNN’s Eva Rothenberg Organizations: New, New York CNN, Tractor Supply, Supply, Human Rights, Bud Light, University of Arizona, National Black Farmers Association, AP Tractor Supply, Human, Tennessee’s, Congressional District, ”, Black Farmers Association, CNN, “, Tractor, Republican, Pew, Democratic, Disney, Nike, Anheuser, Busch InBev, Target Locations: New York, Brentwood , Tennessee, United States, America, Minneapolis

☆ The complicated partnership between Apple and OpenAI
▼ + stars: | 2024-06-14 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +9 min

Nearly an hour later, the iPhone maker announced a much-rumored partnership with OpenAI to bring its ChatGPT technology to devices later this year. “I think Apple will take a pragmatic approach to the OpenAI partnership,” Wood said. Apple said it will not share any personal user information with OpenAI, so inquiries made through ChatGPT won’t be linked to an Apple user’s account. So it came as no surprise when some industry watchers, including Elon Musk, were quick to react to Apple’s partnership with OpenAI. “When users do query ChatGPT, Apple will track the prompts and gather metrics to improve its own models,” he said.

Persons: Sam Altman, Steve Wozniak, OpenAI, Altman, Tim Cook, ”, Ben Wood, “ Apple, Siri, Apple, ” Wood, Jeff Chiu, It’s, ” Cook, it’ll, Wood, Reece Hayden, Elon Musk, Musk, ” Musk, Annette Zimmermann, ” Andrew Cornwall, Forrester, “ Organizations: CNN, Apple, Insight, Apple Intelligence, Nvidia, Microsoft, ChatGPT, ABI Research, Industry, OpenAI, SpaceX, Gartner Locations: China, Washington, Cupertino , Calif

☆ 7 US tech billionaires have seen a $230 billion surge in wealth this year as stocks soar on the promise of AI revolution
▼ + stars: | 2024-05-28 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

Jensen Huang is leading the pack with a $50 billion wealth gain so far this year. Steven Ferdman/Getty ImagesYTD wealth gain: $17.7 billionTotal net worth: $148 billionSource of wealth: Microsoft stock, which is up 14% year-to-date. Jeff BezosAdvertisementReutersYTD wealth gain: $26.6 billionTotal net worth: $203 billionSource of wealth: Amazon stock, which is up 19% year-to-date. Jeff Bottari/Getty ImagesYTD wealth gain: $42.0 billionTotal net worth: $170 billionSource of wealth: Meta Platforms stock, which has surged 35% year-to-date. Vincent Thian/APYTD wealth gain: $49.6 billionTotal net worth: $93.6 billionSource of wealth: Nvidia stock, which has soared 123% year-to-date.

Persons: Jensen Huang, —, Huang, Steve Ballmer, Steven Ferdman, Jeff Bezos, Sergey Brin Lionel Hahn, Larry Page, Jeff Chiu, Michael Dell Dell, Michael Dell, Mark Zuckerberg, Jeff Bottari, Vincent Thian Organizations: Service, Nvidia, Bloomberg, Microsoft, LA Clippers, Getty, Google, Dell, UFC Locations: San Francisco , California, Las Vegas

☆ Here's how your iPhone could get worse if the DOJ's antitrust lawsuit succeeds
▼ + stars: | 2024-03-23 | by ( Grace Kay | ) www.businessinsider.com time to read: +7 min

Some critics of the suit believe it could make the iPhone worse, leading to security concerns and a less seamless experience. But is that something that iPhone users really want? The DOJ filed an antitrust lawsuit against Apple on Thursday. AdvertisementFor its part, Apple has argued that the DOJ's lawsuit could pose any number of issues for iPhone users — from security and privacy concerns to a degradation in user experience. A less seamless user experienceThe DOJ's lawsuit could also have a detrimental impact on Apple's signature user experience, according to some experts.

Persons: —, Apple, Jeff Chiu, Tim Cook, Cook, Benedict Evans, Evans, Jennifer Huddleston, Koch, Huddleston, Adam Kovacevich, Dave Lee, Lee, Forrester, Dipanjan Chatterjee, Apple's, Chatterjee, Fortune Organizations: DOJ, Apple, Service, US Department of Justice, AP, Union's, Venture, Cato Institute, Apple Watch, of, Big Tech, Bloomberg

☆ Apple’s Vision Pro headset to hit stores in the US. Here’s what you need to know
▼ + stars: | 2024-02-02 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +6 min

CNN —The Vision Pro, Apple’s first new product in seven years, will officially launch in stores on Friday in the US. The Apple Vision Pro headset is displayed in a showroom on the Apple campus in Cupertino, Calif., after it's introduction at the company's annual developers conference, Monday, June 5, 2023. The Vision Pro is a high-priced headset that blends virtual reality with augmented reality that projects digital images on top of real-world settings. Vision Pro includes surround sound, with audio pods that sit outside the ears to deliver rich immersive audio. Morgan Stanley analysts project the company will ship up to 400,000 Vision Pro units this year.

Persons: Apple’s, Tim Cook, Cook, Jeff Chiu, it’s, Siri, Luke Skywalker’s, Ming, Chi Kuo, Morgan Stanley Organizations: CNN, Apple Stores, New York Times, Apple, Pro, Vision, Disney, Apple Watch, Shipping Locations: Cupertino , Calif

☆ A Senate hearing with top tech CEOs about online child safety had plenty of fireworks
▼ + stars: | 2024-02-01 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. In today's big story, we're looking at the grilling tech CEOs got during a contentious Senate hearing, with one notable exception. The big storyTech on trialAnna Moneymaker/Getty ImagesTech CEOs testified in a Senate hearing that turned into the type of fiery debates found on their social-media platforms. Executives for Meta, TikTok, X, Snapchat, and Discord were grilled by US lawmakers during a contentious Senate hearing on online child sexual exploitation. The most shocking moment involved Meta CEO Mark Zuckerberg, BI's Lauren Steussy reports.

Persons: —, we're, Anna Moneymaker, Aaron Mok, Camilo Fonseca, Mark Zuckerberg, BI's Lauren Steussy, GOP Sen, Josh Hawley, Zuckerberg, Shou Zi Chew, Republican Sen, Tom Cotton, Linda Yaccarino, Alex Wong, Chew, X's Yaccarino, BI's Katie Notopoulos, Yaccarino, Katie, It's, there's, Sen, Lindsey Graham, We've, Jerome Powell, Win McNamee, Troy Rohrbaugh, Jamie Dimon, it's, Jeff chiu, Alyssa Powell, Byron Allen, Dan DeFrancesco, Hallam Bullock, Jordan Parker Erb Organizations: Business, Service, Tech, Getty Images Tech, Meta, GOP, Republican, Chinese Communist Party, Pew, Big Tech, Federal Reserve, Paramount, Getty, Apple Locations: Washington, Washington ,, New York, London

☆ Scott Peterson's case taken up by Los Angeles Innocence Project
▼ + stars: | 2024-01-19 | by ( Minyvonne Burke | Minyvonne Burke Is A Senior Breaking News Reporter For Nbc News. | ) www.nbcnews.com time to read: +3 min

The Los Angeles Innocence Project has taken up the case of Scott Peterson, who was convicted of murdering his pregnant wife, Laci Peterson. The nonprofit organization, which represents people convicted of crimes who want to prove their innocence, is seeking new evidence in Peterson's original trial. "The Los Angeles Innocence Project (LAIP) represents Scott Peterson and is investigating his claim of actual innocence," a spokesperson for the organization said in a statement. Peterson and the Los Angeles Innocence Project are seeking new materials to be presented in court to prove his innocence in the case in an effort to eventually overturn his conviction, the filing stated. Scott Peterson listens during a hearing at the San Mateo County Superior Court in Redwood City, Calif., in 2022.

Persons: Scott Peterson, Laci Peterson, Conner, Peterson, Jeff Chiu, Richelle, Peterson ”, ” Organizations: Angeles Innocence, ABC News, NBC Bay, Los Angeles Innocence, San, Court Locations: California, San Mateo County, Redwood City, Calif, Berkeley Marina

☆ The Cost of Doing Business With China? A $40,000 Dinner With Xi Jinping Might Be Just the Start
▼ + stars: | 2023-11-28 | by ( Lingling Wei | Liza Lin | ) www.wsj.com time to read: 1 min

China’s President Xi Jinping met with the heads of American businesses in San Francisco earlier this month. Photo: Jeff Chiu/Associated PressBroadcom Chief Executive Hock Tan shelled out $40,000 to sit at Xi Jinping ’s table for the Chinese leader’s recent dinner in San Francisco with the heads of American businesses. Tan had a lot more at stake—a $69 billion deal he was waiting on China to approve. For months, Chinese regulators wouldn’t clear the U.S. chipmaker’s bid to buy enterprise software developer VMware, leading Broadcom to put off its date for completion of the deal—first announced in May 2022—three times. Intel’s planned acquisition of Israeli firm Tower Semiconductor , for more than $5 billion, was scuttled in August after Chinese regulators failed to approve it.

Persons: Xi Jinping, Jeff Chiu, Hock Tan, Jinping, Tan, — Organizations: Associated Press Broadcom, VMware, Broadcom, Tower Semiconductor Locations: San Francisco, China, Beijing

☆ APEC Summit Biden Aims to Fortify Ties With Asian Nations at Summit in San Francisco
▼ + stars: | 2023-11-16 | by ( Katie Rogers | ) www.nytimes.com time to read: +12 min

Image President Xi Jinping of China spoke to a crowd of U.S. business executives at a dinner in San Francisco on Wednesday evening. “There are hundreds and hundreds of activists —” Crowd: “Go home Xi Jinping!” “— who are coming together from all corners of this nation.” “We are really upset. 1 question for us is: Are we adversaries or partners?” Mr. Xi asked. Mr. Orlins said the Chinese had prepared three versions of a speech Mr. Xi could deliver that night. After Wednesday’s events with Mr. Biden, Mr. Xi picked the friendliest one.

Persons: Xi Jinping, Carlos Barria, Xi, —, Xi Jinping doesn’t, ”, ” “, Jinping, Josh Edelson, Xi —, Mr, Tim Cook, Larry Fink, BlackRock, Jerry Brown, Elon Musk, ” John L, Holden, Biden, Doug Mills, ” Michael Hart, Jim Wilson, Angus, Gina M, Raimondo, “, Ms, “ I’m, Stephen A, United States — Deng Xiaoping, Jiang Zemin, Hu Jintao, Deng, It’s, ” Mr, Orlins, “ They’re, Jeff Chiu, Biden’s Organizations: Visit, Credit, Agence France, Hyatt Regency, Apple, Boeing, Pfizer, Nike, FedEx, Elon, McLarty Associates, San Francisco . Credit, New York Times, U.S, American Chamber of Commerce, ., Mr, National Committee, United, China Relations, Associated, U.S ., China Business Council, Economic Cooperation, Consulate Locations: China, U.S, San Francisco, Hong Kong, Tibet, United States, California, Filoli, San Francisco ., ”, Iowa, Asia, Pacific

☆ Yelp Profit Soared With Help From IRS Guidance on R&D Tax Deductions
▼ + stars: | 2023-11-10 | by ( Jennifer Williams-Alvarez | Mark Maurer | ) www.wsj.com time to read: 1 min

Yelp’s office in San Francisco. The company’s third-quarter earnings included $15 million from a one-time tax adjustment after new IRS guidance. Photo: Jeff Chiu/Associated PressYelp ’s profit rocketed more than sixfold in its latest quarter, and it wasn’t entirely due to restaurant reviews. The surge in earnings was in part the effect of a one-time tax adjustment related to deductions for research and development, following recent guidance from the Internal Revenue Service.

Persons: Jeff Chiu, Yelp Organizations: Associated, Internal Revenue Service Locations: San Francisco

☆ How Bud Light Won UFC Back: Global Ambition Meets a Worldwide Footprint
▼ + stars: | 2023-11-09 | by ( Katie Deighton | ) www.wsj.com time to read: 1 min

The third round of a UFC bout got under way in 2012, when Bud Light was a sponsor of the mixed martial arts promoter. Bud Light is returning as UFC’s beer sponsor next year. Photo: Jeff Chiu/Associated PressBud Light’s partnership deal with UFC last month was a rare win for the beer brand this year, an annus horribilis dominated by a damaging consumer boycott over its collaboration with a transgender influencer. The brewer, which had first sponsored UFC from 2008 until 2017, took back the official U.S. beer rights from Modelo, the same brand that surpassed Bud Light this spring as the top-selling beer in the U.S. Its parent, Anheuser-Busch InBev, was praised by UFC Chief Executive Dana White for having core values in line with the mixed martial arts promoter.

Persons: Bud Light, Jeff Chiu, Associated Press Bud Light’s, Bud, Dana White Organizations: UFC, Associated Press, Modelo, U.S, Anheuser, Busch InBev

☆ Apple rejected opportunities to buy Microsoft’s Bing, integrate with DuckDuckGo
▼ + stars: | 2023-10-05 | by ( Brian Fung | ) edition.cnn.com time to read: +6 min

But it also shows how Apple has wrestled with Google’s rise and how some at Apple yearned for “optionality.” Apple didn’t immediately respond to a request for comment. (Last week, Nadella testified that he has spent every year of his tenure as CEO trying to persuade Apple to adopt Bing.) He made a similar argument internally about DuckDuckGo, saying in an email that moving ahead with that partnership was “probably a bad idea.” (DuckDuckGo licenses search results from Bing.) Still, Giannandrea testified, some within Apple thought that dealing with Bing in some fashion could yield benefits to Apple. Apple today has the enormous resources to build a true rival to Google, Giannandrea testified.

Persons: Microsoft’s Bing, they’ve, Gabriel Weinberg, John Giannandrea, Apple, Apple didn’t, Laura Jones, Jeff Chiu, Giannandrea, Bing, Tim Cook, Satya Nadella, Nadella, DuckDuckGo, Weinberg, Jakub Porzycki, ” Weinberg, ”, Apple’s, Cook, Bing “, “, Adrian Perica, ” Giannandrea, “ it’s Organizations: CNN, Apple, Google, Microsoft, Cook, Bing, Mozilla, Opera, Samsung Locations: Bing, San Francisco

☆ Anchor Brewing, America's oldest craft brewery, just shut down. Here's what's next
▼ + stars: | 2023-07-31 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +5 min

New York CNN —Anchor Brewing, which has been America’s oldest craft brewer with 127 years in business, closed its taprooms for good on Sunday. There’s hope that could happen: Roughly two dozen different investors as well as a group of Anchor’s employees have “expressed interest in buying all or parts of Anchor Brewing,” company spokesman Sam Singer told CNN. Anchor got its start in 1896 in San Francisco, becoming the nation’s first-ever craft brewery. Under Sapporo’s ownership, production of Anchor’s beer declined every year except in 2021, according to the Brewers Association. Brewbound, a beer industry website, previously reported that Sapporo’s recent purchase of craft brewer Stone Brewing sparked concerns among Anchor’s employees of how their brewery fit into plans.

Persons: there’s, There’s, Sam Singer, Singer, Jeff Chiu, they’ve, Anchor, ” Singer, Anchor’s, Justin Sullivan, Fritz Maytag Organizations: New, New York CNN, Brewing, CNN, Anchor Brewing, Sapporo, Warehouse Union, ” Employees, Getty, North, Anchor, Maytag Corporation, Steam, Brewers Association . Brewbound, Stone, Craft, Craft Business Locations: New York, San Francisco, Sapporo USA, Sapporo, United States, North America, California

☆ An alcohol-free San Francisco mansion is now a hype house for developers making their own AI apps
▼ + stars: | 2023-06-01 | by ( Sindhu Sundar | ) www.businessinsider.com time to read: +3 min

A wave of generative AI founders have reportedly found a venue in HF0 to develop their ideas. The New York Times reports the effort is a communal hub for founders and ex-Big Tech engineers. In an alcohol-free, work-hard, play-hard hotel environment, developers can revel and dine together while building their businesses, The New York Times reports. It's been steadily attracting developers with a knack for AI, according to The Times' feature, though it's open to aspiring tech founders in general. Read the full story at The New York Times.

Persons: revel, Hacker, It's, who've, Andreessen Horowitz, Lu, Jeff Chiu, Dave Fontenot, Emily Liu, Evan Stites, Clayton, HF0, Fontenot didn't, ChatGPT Organizations: New York Times, Big Tech, Morning, The Times, Google, Sequoia, Times, The New York Times Locations: HF0, San Francisco, San

☆ Biden Nominates Monica Bertagnolli to Run National Institutes of Health
▼ + stars: | 2023-05-15 | by ( Liz Essley Whyte | ) www.wsj.com time to read: 1 min

Dr. Monica Bertagnolli, a surgeon by training, previously taught at Harvard Medical School. Photo: Jeff Chiu/Associated PressPresident Biden nominated Dr. Monica Bertagnolli to head the National Institutes of Health and steer the federal government’s pursuit of cutting-edge medical research. The Wall Street Journal in April first reported the White House’s pick. Monday’s nomination would end a 17-month search to find a scientist to head an agency, with a $47 billion yearly budget, that plays an important role conducting and funding disease, drug and vaccine research.

☆ Amazon VP in charge of the Astro home robot leaves after less than 2 years, leaked email shows
▼ + stars: | 2023-05-15 | by ( Eugene Kim | ) www.businessinsider.com time to read: +3 min

Ken Washington, VP of consumer robotics, is leaving Amazon. Amazon's VP of consumer robotics Ken Washington is leaving the company, according to an internal email seen by Insider. At Amazon, he was in charge of the consumer robotics unit, which oversees Astro, the home monitoring robot that remains invite-only 18 months after its launch. Amazon executive Dave Limp AP/Jeff ChiuIn an email to Insider, Amazon's spokesperson confirmed Washington's departure. Amazon's spokesperson told Insider the invite requests for Astro "remain strong" and it plans to add "even more new features."

☆ Help Still Wanted: Fewer Job Openings Won’t Faze the Fed
▼ + stars: | 2023-05-02 | by ( Justin Lahart | ) www.wsj.com time to read: +1 min

Fed policy makers have been arguing that a drop in the number of job vacancies could effectively cool off the job market. Photo: Jeff Chiu/Associated PressThere was a big debate among economists and U.S. policy makers last year over whether job openings could come down without tanking the job market. Well, job openings are down and the job market is still strong, but the debate is hardly resolved. Newsletter Sign-up Markets P.M. Agenda-setting analysis and commentary on the biggest corporate and market stories from our Heard on the Street team. Data on job openings from the Labor Department and, before December 2000, from a series constructed by Federal Reserve Bank of San Francisco economist Regis Barnichon that goes back to 1951, shows that there has never been a decline of 20% or more in job openings without a substantial increase in the unemployment rate.

☆ With First Republic, JPMorgan’s Dimon Gets Over Financial Crisis Laments
▼ + stars: | 2023-05-01 | by ( Telis Demos | Aaron Back | ) www.wsj.com time to read: 1 min

JPMorgan Chase & Co. bought First Republic Bank early Monday after the Federal Deposit Insurance Corp. took over the troubled lender. Three of the four biggest U.S. bank failures have occurred in the past two months. Photo: Jeff Chiu/APWhen it comes to taking on troubled banks, this time may be different for JPMorgan Chase . The U.S.’s biggest bank has stepped up to acquire the deposits and most of the assets of First Republic Bank , which was closed by the Federal Deposit Insurance Corp. in the early hours of Monday morning. The deal has echoes of past rescues by JPMorgan, but may have a happier ending.

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