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☆ Activist ValueAct is poised to trim fat and help boost profits at Meta Platforms. Here’s how
▼ + stars: | 2024-11-16 | by ( Kenneth Squire | ) www.cnbc.com time to read: +8 min

Now, ValueAct has engaged another titan of the market, Meta Platforms, announcing an approximately $1 billion dollar position in the company. With the stock price up about 56% in 2024, ValueAct still sees significant untapped value in Meta. ValueAct has shown at Microsoft and Salesforce that it is very good in helping companies trim fat and build muscle. The AI spending, while concerning to some in the market, can be the muscle that strengthens Meta's core FoA business. It should more than justify Meta's AI spend.

Persons: ValueAct, Mason Morfit, Mark Zuckerberg, OpenAI's GPT, Meta, Martha Stewart Living, Ken Squire Organizations: Reality Labs, Facebook, Microsoft, Meta, RL, Spotify, OpenAI, Adobe, New York Times, Expedia, Century Fox, KKR, 13D Locations: Salesforce

☆ An effective, cheap hedge on Apple shares into earnings, according to Mike Khouw
▼ + stars: | 2024-10-21 | by ( Michael Khouw | ) www.cnbc.com time to read: +5 min

The largest source of revenue is the iPhone, and the company released its iPhone 16 last month. Other Apple products include Mac computers and iPad tablets, Apple Music, the Apple Watch, and other wearable devices. Android mobile devices indeed have a more significant smartphone market share internationally. The DOJ filed suit in March of this year, allegedly violating antitrust laws by monopolizing the smartphone market. At 31.5 times forward earnings estimates, Apple is four turns richer than the 27.5 5-year average.

Persons: Saudi Arabia's, what's, Dan Ives, YTD Organizations: Apple, Apple Music, Apple Watch, Cloud Services, Samsung, Microsoft, Saudi, Aramco, Android, DOJ, CNBC, NBC UNIVERSAL Locations: Americas, United States, Korea, China, Wedbush

☆ Kirill Shevchenko: Chess grandmaster expelled from competition for allegedly using a mobile phone during matches
▼ + stars: | 2024-10-16 | by ( George Ramsay | ) edition.cnn.com time to read: +3 min

CNN —A Romanian chess grandmaster was expelled from a national-level competition after being accused of using a mobile device during play, organizers announced on Monday. Kirill Shevchenko, currently 69th in the chess world rankings, was competing at the Spanish Team Championship in the Spanish enclave of Melilla when the alleged instance of cheating occurred. Subsequently, his draws in the opening two rounds of the competition for the Silla – Integrant Collectius team were turned into defeats. If further information comes to light, we will decide within the Federation our next steps.”The Romanian Chess Federation directed CNN to its statement when contacted for comment. CNN has contacted the International Chess Federation (FIDE) for comment on the incident.

Persons: Kirill Shevchenko, Integrant, ”, Integrant Col·lectius, “, Shevchenko, Chess.com, Óscar Bruno de Prado, FEDA, Silla, ” Shevchenko Organizations: CNN, Spanish Team, Silla, Spanish Chess Federation, ”, Facebook, Romanian Chess Federation, Federation, Romanian, International Chess Federation Locations: Romanian, Spanish, Melilla, Ukraine, Romania

☆ Tech execs from Salesforce and Qualcomm share their best practices for implementing AI in the workplace
▼ + stars: | 2024-10-15 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +5 min

Tech execs discussed AI's role in the workplace at the trade show MWC Las Vegas. "And where I'm seeing a little bit more hesitation and where people really need to invest in their red-teaming efforts, really need to invest in their evaluation frameworks, is those large external-facing use cases that are actually going to touch millions of customers," Williams added. AdvertisementOthers cautioned about companies getting swept up in the AI boom and implementing AI just for the sake of it. In her keynote, Salesforce's Goldman concluded with the importance of "making sure that we're leveraging AI in service of human strengths." "To make AI work for our businesses, we have to first make sure it works for the people our businesses serve and the people our businesses employ," she said.

Persons: —, We've, Durga Malladi, Shankar Arumugavelu, Arumugavelu, Paula Goldman, Salesforce's, Goldman, Julian Williams, Williams, Piers Sanders, Salesforce's Goldman Organizations: Tech, MWC, Vegas, Service, Mobile, Congress, Verizon, Qualcomm, Verizon Global Services, AI, VC, MWC Las Vegas, Sand Technologies Locations: Anthropic

The S24, S24 Plus, and S24 Ultra are all down to all-time low prices on Amazon. Samsung Galaxy S24 Prime Day dealsDeal pricing for Samsung's Galaxy S24 phones may differ slightly depending on the color you choose. Samsung Galaxy S24 $599.99 $799.99 Save 25% The Galaxy S24 runs on the most powerful processor for Android phones in 2024. View at Amazon What we like Check mark icon A check mark. General performance is very similar to the regular S24Samsung Galaxy S24 Ultra $916.74 $1,299.99 Save 29% The Galaxy S24 Ultra is Samsung's top-end phone in 2024, set apart from its Galaxy S24 siblings and most of the premium phone competition with its four cameras, giant 6.8-inch display, stunning battery life, and included S Pen stylus.

Persons: it's Organizations: Business, Deal, Samsung, Galaxy, Google, Samsung Galaxy, Samsung's Galaxy

How Credit Card Cell Phone Protection WorksIf cell phone insurance on a credit card sounds too good to be true, this guide is for you. The Best Credit Cards with Cell Phone ProtectionThere are dozens of credit cards that now offer cell phone protection when you use them to pay your phone bill. Here are some of the best options:Best overall credit card with cell phone protection: Ink Business Preferred® Credit CardBest no-annual-fee Chase credit card with cell phone protection: Chase Freedom Flex®Most affordable premium credit card with cell phone protection: Capital One Venture X Rewards Credit CardBest American Express credit card with cell phone protection: The Platinum Card® from American ExpressBest airline credit card with cell phone protection: Delta SkyMiles® Platinum American Express CardBest cash back credit card with cell phone protection: Wells Fargo Active Cash® CardBest credit card with cell phone protection for paying rent: Bilt Mastercard®Chase Credit Cards with Cell Phone ProtectionThe Ink Business Preferred® Credit Card comes with one of the most generous cell phone protection coverage limits of up to $1,000 per claim with a $100 deductible, up to three times per year. You'll find cell phone insurance on the following Amex cards:Wells Fargo Credit Cards with Cell Phone ProtectionWells Fargo is unique in that it offers cell phone insurance as a standard benefit on all of its personal credit cards, even the ones with no annual fees. Read our guide to the best Wells Fargo credit cardsCell Phone Protection Credit Card ComparisonInk Business Preferred® Credit Card Apply now lock icon An icon in the shape of lock.

Persons: Wells, I'd, they'll, takeout, Chase, Uber, Wiley, Julie Mehretu, Peacock, Uber Cash, you've, It's, you’re, you'll, Jasmin Baron, Read Organizations: Business, Cell, Express, American Express, Wells, Mastercard, Capital, Venture, Protection, Chase Travel, FDIC, Chase, One, Hilton, Marriott, Saks, American, Entertainment, Disney, ESPN, The New York Times, Street, Walmart, TSA, Global, Saks Fifth Locations: Wells Fargo, Hulu, Wells, Canada

☆ Connecting your phone to rental car infotainment system? There is a big, hidden privacy risk
▼ + stars: | 2024-09-25 | by ( Barbara Booth | ) www.cnbc.com time to read: +6 min

The recent data breach that exposed the sensitive information of some 300,000 Avis customers highlighted some critical vulnerabilities within the rental car industry. Yet, there's another, often overlooked security risk when drivers use a rental car: the personal data you unknowingly leave behind when syncing your mobile device to a rental car's infotainment system. Privacy policies say the customer is responsibleExperts agree that car rental companies need to start implementing best practices to better protect customers. Despite this, many rental companies lag in applying adequate protections. When you read those car rental agreements, they say you leave the data in the car, it's your problem.

Persons: Ford's, Biden, Andrea Amico, Privacy4Cars, James Hajjar, Hajjar, you've, Clyde Williamson, John Price, Yashin Manraj Organizations: Avis, Hartford, Enterprise, Pvotal Technologies, Android, Apple Locations: U.S, Protegrity

☆ Hezbollah pager attacks are a harbinger of a darker, more dangerous age of individualized strikes, military expert says
▼ + stars: | 2024-09-18 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +3 min

Read previewThe simultaneous detonation of thousands of pagers in Lebanon on Tuesday is a harbinger of a darker and more dangerous age of individualized attacks, according to a retired general and warfare strategist. The pagers were ordered by Hezbollah and were tampered with before they reached Lebanon, some of the officials said. "This is yet another demonstration that individuals are increasingly vulnerable to highly precise and personalized attacks," he said. Related storiesRyan cited the use of armed first-person-view drones on the battlefields in Ukraine and Russia, which he said showed the use of lethal personalized attacks had escalated in the past two years. He said the pager attack on Hezbollah "opens a dangerous Pandora's box" and makes almost everyone a "walking ticking bomb."

Persons: —, Israel, Washington, pagers, Mick Ryan, Ryan, Yousef Munayyer, Munayyer Organizations: Service, Wireless, Business, US State Department, New York Times, Sky News, US Air Force, Arab Center Washington DC Locations: pagers, Lebanon, Iran, Australian, Ukraine, Russia, Vietnam

☆ Apple is taking a bigger bite out of the creator economy and influencers are fuming
▼ + stars: | 2024-09-11 | by ( Amanda Perelli | ) www.businessinsider.com time to read: +6 min

Read previewApple's in-app fees are eating away at creator earnings without giving much back in return, according to disgruntled members of the influencer industry. The fee takes a percentage of donations and purchases made through Apple mobile devices, affecting marketers, followers, and creators themselves. Advertisement"There's no denying the positive impact Apple has had on the creator economy," said Lindsey Gamble, who advises influencers on marketing strategies. Patreon is the latest creator platform hit with Apple's in-app fee. Jim Louderback, a creator economy advisor, recently wrote that creators should Boycott Apple in his newsletter, "Inside the Creator Economy."

Persons: —, Lindsey Gamble, influencers, Gamble, Apple, Hulu, TikTok, HBO's Max, influencers Rosanna Pansino, Lauren Riihimaki, YouTuber, Patreon, Jim Louderback, Boycott Apple, Louderback, vig Organizations: Service, Substack, YouTube, Facebook, Business, Apple, Mighty Networks, Services, Spotify, Hollywood, Netflix, Hype, Apple's, Google

☆ Visiting China in 2024: A guide to visas, mobile payments and more
▼ + stars: | 2024-09-10 | by ( Maggie Hiufu Wong | ) edition.cnn.com time to read: +20 min

We’ve put together a guide to some of the most frequently asked questions regarding China travel. China travel FAQsDo you need a visa to go to China? However, travelers visiting under these visa-free transit programs have more restrictions in terms of places they can visit. Exploring the country via China’s vast high-speed railway network is not an option for those entering under the two transit visa schemes. Beijing, China's capital city, accepts international travelers visiting under the 144-hour visa-free transit program.

Persons: it’s, ”, Denny Tian, Gabriela Correia, Correia, Tian, Greg Baker, Correira, ” Gabriela Correia, David Tucker, We’ve, John Seaton Callahan, China ’, Kevin Frayer, –, ” Correira, you’ve, Didi, Uber, Yan Cong, China’s Organizations: CNN, Immigration Administration, China, Google, Getty, “, Service, Shanghai Hongqiao, Hong Kong, Hong, Hong Kong Immigration, Travelers, Facebook, ”, Publishing, United, US, Baidu, Apple, China Railway, Bloomberg Locations: China, Beijing, Portugal, Shanghai, AFP, “, Hunan, Singapore, Thailand, Austria, Australia, Belgium, France, Germany, Hungary, Ireland, Italy, Luxembourg, Malaysia, Netherlands, New Zealand, Poland, Spain, Switzerland, New York, Japan, South Korea, United Kingdom, United States, Hong Kong, Macau, Jiangsu, Zhejiang, Asia, Tibet, Tibet Autonomous Region, Hainan, China's, Hawaii, ”, Canada

☆ Best Buy stock soars on a beat and raise. We think that's just the beginning
▼ + stars: | 2024-08-29 | by ( Zev Fima | ) www.cnbc.com time to read: +9 min

Best Buy 's quarterly beat and guidance raise on Thursday was good for a 15% pop in the stock as investors rewarded better execution and the promise of wider adoption of AI devices and lower interest rates. BBY YTD mountain Best Buy YTD Thursday's advance sent Club stock Best Buy back above $100 and above our price target of $95. On the call, Best Buy CEO Corie Barry, said that growth in tablets, computing, and services, was more than offset by declines in appliances, home theater, and gaming. Best Buy Why we own : We took a position in Best Buy because we believe it will prove to be a go-to destination for consumers looking to upgrade hardware, much of which was purchased during Covid, to new AI-powered devices. Microsoft PCs on display at a Best Buy store in Secaucus, N.J. Melissa Repko | CNBC

Persons: there's, Corie Barry, comps, we're, Barry, Jim Cramer's, Jim Cramer, Jim, Melissa Repko Organizations: Revenue, LSEG, Home, Computer, Target, Walmart, Amazon, Costco, Management, Mobile, Microsoft, Geek, CNBC Locations: Lowe's, Williams, Sonoma, Secaucus, N.J

☆ Nokia phone maker launches Barbie handset for $130 — with no internet
▼ + stars: | 2024-08-28 | by ( Ryan Browne | ) www.cnbc.com time to read: +1 min

The HMD Barbie phone is a co-branded product with Mattel, the toymaking giant behind the franchise. HMD, the company behind Nokia -branded phones, launched a Barbie-branded phone Wednesday that comes with calls, texts and a classic "flip" design — but no internet or social media apps. The HMD Barbie Phone is a hot pink device that flips open and shut and sports a bold "Barbie" logo on the back, harking back to the iconic fashion doll collection. A U.S. launch is planned "soon," according to HMD, which added that it will reveal exact details of the U.S. launch on social media. Unlike the internet-connected smartphones of today, which are the most widely adopted form factor when it comes to mobile devices, HMD's Barbie phone won't be connected to the internet.

Persons: Barbie, Lars Silberbauer Organizations: Mattel, Nokia Locations: U.S

How to stream NFL games without cableBelow, we'll dive deeper into all your NFL streaming options. We'll show you how to watch Thursday Night Football, Monday Night Football, Sunday Night Football, and more, whether you want an all-inclusive streaming service or cheaper monthly subscriptions. What you get:Local games on FoxLocal games on CBSSunday Night Football on NBCMonday Night Football on ESPNNFL Network gamesWhat you don't get:Thursday Night Football gamesOut-of-market games**Out-of-market games are available with the NFL Sunday Ticket package. What you get:Thursday Night Football gamesExclusive Wild Card game in January 2025What you don't get:Local games on CBSLocal games on FoxMonday Night Football on ESPNSunday Night Football games on NBCNFL Network gamesOut-of-market Sunday afternoon gamesNFL+NFL+ Subscription NFL Plus lets you stream live games to your phone or mobile device, and watch on-demand content from NFL Films and the NFL Network. The platform will let you watch local and primetime broadcast games (regular and postseason), NFL Network games, and out-of-market preseason games.

Persons: we've, Hulu's, Peacock, Al Michaels, Kirk Herbstreit, Kaylee, There's, DAZN, Flatenna, ExpressVPN, you'll Organizations: Business, NFL, Super, Football, TV, NFL Network, Fox, NBC, ESPN, CBS, Sling, ESPN NFL Network, Fubo, Hulu, Fox Local, Disney Plus, Disney, YouTube, NFL Redzone, Sports, NFL Sunday, Sunday, CBS Local, Fox Monday, Paramount, Nickelodeon, Comedy Central, BET, MTV, Showtime, Fox Sunday, Amazon, Amazon Prime, Thursday, ESPN Sunday Night, NBC NFL Network, NFL Films, NFL RedZone, MLB, NHL, UFC, ESPN ESPN, Jets, 49ers, Bengals, Seahawks, Lions, Ravens, Buccaneers, Chargers, Cardinals, Giants, Steelers, Cowboys, Bears, Apple, Android, Smart, Sony, LG, Panasonic, PlayStation, Xbox, Night Football NFL Network, Twitch Locations: United States, China, United Kingdom, Canada, Australia, AWST

☆ Why Google should feel nervous about OpenAI's SearchGPT, according to a search engine expert
▼ + stars: | 2024-08-06 | by ( Ana Altchek | ) www.businessinsider.com time to read: +5 min

Read previewWith the recent launch of SearchGPT, OpenAI has positioned itself to compete with Google in the search engine market. The new tool allows users to search the web in real time and automatically summarize results from Microsoft's Bing. Chris Rodgers, the CEO at SEO agency CSP, has worked in the search engine industry for over 20 years. He told Business Insider that SearchGPT may not pose an immediate threat to Google Search. He also said Google should feel the heat because OpenAI has presented a better strategy than Google in its rollout of SearchGPT.

Persons: —, OpenAI, Microsoft's Bing, hasn't, Chris Rodgers, Rodgers, that's, Axel Springer, SearchGPT, it's Organizations: Service, Google, Business, Astra, Vox Media, News Corp Locations: ChatGPT

☆ Russian soldiers are relying heavily on their personal cellphones to wage war in Ukraine even though it risks getting them killed
▼ + stars: | 2024-07-27 | by ( Jake Epstein | ) www.businessinsider.com time to read: +6 min

Former US military officers say this trend underscores a lack of secure military communication options or discipline and leaves Russian soldiers vulnerable to Ukrainian attacks. Russian military officers look at their smartphones while walking past the Kremlin in Moscow in April 2024. Ukrainian soldiers prepare a BM-21 artillery vehicle in its fighting position in the Donetsk region in July 2024. AdvertisementOne such incident occurred at the very end of 2022, when Ukraine launched a devastating precision strike against Russian troops gathered in Makiivka, in the eastern Donbas region. Related storiesUkraine's military intelligence agency, the HUR, regularly publishes audio of purported interceptions from calls made by Russian soldiers.

Persons: —, Dan Rice, Rice, Mark Cancian, Diego Herrera Carcedo, Cancian, HUR Organizations: Service, Former US, Business, State Duma, State, Defense, Institute for, Kremlin, US, American University Kyiv, US Marine Corps, Center for Strategic, International Studies, Getty, Russian, Kyiv, Ukrainian, Russian Defense Ministry, US Army, United Locations: Ukraine, Russian, Moscow, Donetsk, Anadolu, Makiivka, Russia, United States

☆ We live in hotels full-time with our 14-month-old baby. We won't be settling in the suburbs.
▼ + stars: | 2024-07-24 | by ( Megan Carnegie | ) www.businessinsider.com time to read: +8 min

When my wife got pregnant with our 14-month-old Noah, we continued traveling throughout the pregnancy and Noah's infancy. Yusuf OmarAdapting Noah to nomad lifeSumaiya: Now, we're building our company and raising Noah, our 14-month-old, as best we can. AdvertisementSumaiya and Yusuf Omar flying with baby Noah. When we're on business trips, hotels are a business expense, which is the majority of why we travel. In addition to hotels, we've also spent short stints at our parents' homes and lived in a rented van.

Persons: —, Yusuf, Sumaiya Omar, Noah, Sumaiya, Noah's, Noah Omar, Yusuf Omar, COVID, Yusuf Omar Living, we're, Yusuf Omar Sumaiya, we've, Yusuf Omar We, Omar, London Yusuf Omar Yusuf, nannies, Yusuf Omar Yusuf Organizations: Service, Business, Hindustan Times, CNN International, CNN, UN Locations: London, Sumaiya, Durban, South Africa, Gold Coast, Australia, India, Sydney, isn't, New York

☆ Russian lawmakers seek to punish troops using smartphones on Ukraine battlefields
▼ + stars: | 2024-07-23 | by ( Christian Edwards | Anna Chernova | ) edition.cnn.com time to read: +3 min

CNN —Russia’s lower house of parliament has proposed punishing Russian soldiers caught using smartphones while fighting in Ukraine, state media TASS reported, amid growing concerns that electronic devices can reveal troops’ location on the battlefield. According to a draft law supported by the State Duma Committee on Defense, carrying internet-connected cell phones whose data can identify Russian troops or the location of forces will be classified as a “gross disciplinary offense” punishable by up to 10 days of arrest. Both Russian and Ukrainian militaries have reportedly used enemy cell phones to identify targets during the war, scraping data from photos and messages to track coordinates and launch attacks. Although the Kremlin has acknowledged the risks posed by soldiers carrying cell phones, Russian military bloggers have criticized the draft law, claiming it shows the Duma’s lack of understanding of the nature of modern warfare. Russian soldiers are already banned from publicly distributing information that could reveal the identity or location of military personnel.

Persons: United Kingdom –, Elon, ”, let’s Organizations: CNN, TASS, State, Defense, Ukraine’s Security, Russia’s Defense Ministry, Kremlin, Veteran Records, Duma, Federation Council Locations: Ukraine, United States, Australia, Canada, New Zealand, United Kingdom, Ukrainian, Makiivka

Best Investing Apps of 2024Top Investing Apps of 2024The best investment apps help you achieve wealth-building goals while diversifying your portfolio and providing the accessibility and convenience of mobile trading for the everyday investor. Here are the best investment apps available to traders, as chosen by Business Insider's editors in 2024. Best Investing App OverallE*TRADE is a one-stop shop for investing and the overall best app. Betterment reviewBest Investing App for MobileAs one of the best stock trading apps for beginners, Acorns Invest is the best investing app for mobile traders seeking automated trading strategies and customized ETF portfolios. Best Investment Apps FAQsWhat is the best app to start investing on?

Persons: you'll, Vanguard's, Wealthfront, you've, Charles Schwab, we've, Brian Fry, Charlotte Geletka, Kaysian Gordon Organizations: Business, Mobile, Finance, M1 Finance, M1, IRA, Vanguard, Stock Market ETF, Bond, Blackrock, Invest, Chevron, SoFi Invest, Fidelity, Apple

☆ Why outlets are lagging behind other mall categories in the U.S.
▼ + stars: | 2024-07-18 | by ( Darren Geeter | ) www.cnbc.com time to read: +1 min

Outlet malls have been an American staple for shoppers since the 1930s. Historically, outlets were attached to the factories where apparel was made, selling out-of-season, overrun or faulty merchandise at a discount to employees. In 2023, the U.S. outlet industry was a $64.9 billion industry, with 342 centers spread across the nation, according to IBISWorld. That's what draws them into our shopping centers," said Stephen Yalof, CEO of Tanger Outlets . Watch the video to learn why the outlet mall recovery is lagging behind other mall counterparts and how the industry is combating e-commerce shopping.

Persons: they're, Stephen Yalof Organizations: Tanger Locations: American, U.S

☆ iPhone users in Europe will no longer have to use Apple Pay for mobile payments
▼ + stars: | 2024-07-11 | by ( Hanna Ziady | ) edition.cnn.com time to read: +3 min

London CNN —Apple has yielded to pressure by European regulators to give rivals access to the contactless payments technology on iPhones, meaning that their users will no longer be limited to the Apple Pay mobile wallet. Under the agreement, third-party mobile wallet developers will gain free access to the standard technology used for contactless payments with iPhones, known as near-field communication (NFC) technology. Apple will also allow iPhone users to choose which mobile wallet to make the default wallet on their phones. “Apple Pay and Apple Wallet will continue to be available in the European Economic Area for users and developers.”The European Commission first raised objections against Apple’s tap-to-pay practices in 2022, having opened a formal antitrust investigation into Apple Pay two years earlier. That means rivals wanting to create apps or wallets using the tap-to-pay features on iPhones have been unable to do so and users have been forced to use Apple Pay for mobile payments.

Persons: London CNN —, Margrethe Vestager, Apple, “, ” Vestager, ” Organizations: London CNN, London CNN — Apple, Apple, European Union, Digital Markets, European Commission, Economic, CNN, “ Apple, Economic Area, NFC

☆ Samsung workers in South Korea declare an indefinite strike to campaign for better pay and leave policies
▼ + stars: | 2024-07-10 | by ( Diksha Madhok | Yoonjung Seo | ) edition.cnn.com time to read: +3 min

Seoul/New Delhi CNN —The largest labor union at Samsung Electronics in South Korea has declared an indefinite strike after a three-day walkout failed to yield any ground in a tense dispute between workers and the tech giant over pay and bonuses. The announcement Wednesday follows a strike earlier this week involving 6,000 workers, mainly from the company’s semiconductor division, according to the union. The National Samsung Electronics Union (NSEU) said that its 31,000 members — representing a nearly quarter of the company’s total workforce in the country — would launch an indefinite strike from July 10 — the largest labor action in the smartphone and chipmaking giant’s 55-year history. Samsung Electronics said last week that it estimates a more than 15-fold rise in its second-quarter operating profit, as compared to the same time previous year. Jung Yeon-je/AFP/Getty ImagesThe workers want this optimism reflected in their pay.

Persons: Jung Yeon, Son Woomok, chipmaker, ”, Woomok Organizations: New Delhi CNN, Samsung Electronics, National Samsung Electronics Union, Getty, CNN Locations: Seoul, New Delhi, South Korea

☆ How YouTube became a TV powerhouse and how much ad revenue it makes
▼ + stars: | 2024-06-24 | by ( Lucia Moses | ) www.businessinsider.com time to read: +10 min

The Google-owned video platform dominated streaming TV viewing for all of 2023, ahead of Netflix, by one widely cited measurement. It also only includes free YouTube, not YouTube TV, YouTube's pay TV service. With those platforms included, YouTube takes second place in monthly TV viewing, behind linear giant Disney, with an 11.5% share. In 2023, YouTube reached a deal to make NFL's Sunday Ticket games an add-on for YouTube TV subscribers. YouTube TV is a $72.99 a month bundle of TV channels.

Persons: —, It's, Here's, Nielsen, isn't, it's, influencers, Gen, Zers, alums Organizations: Service, YouTube, Google, Netflix, Disney, Warner Bros, Paramount, NFL, Business, Showtime, Starz, Procter, Procter & Gamble, Nielsen, Hollywood, Madison Ave, Read, Shorts, Warner Bros ., Deloitte, Alpha Locations: Procter &, Netflix's

☆ What is Apple’s AI doing with your data?
▼ + stars: | 2024-06-13 | by ( Brian Fung | ) edition.cnn.com time to read: +8 min

As much as possible, Apple will try to process AI prompts directly on your device using smaller AI models. After fulfilling a user’s AI request, Private Cloud Compute scrubs itself of any user data involved in the process, Apple said. For example, when you use ChatGPT, OpenAI discloses that it uses your data to further train its AI models. With Private Cloud Compute, you theoretically won’t have to take Apple’s word that it doesn’t use your data for AI training. Apple’s AI models didn’t spring up out of nowhere.

Persons: Washington CNN —, you’ve, Apple, ChatGPT, Siri, didn’t, OpenAI, ChatGPT’s, ”, Craig Federighi, —, ” “, Apple hasn’t Organizations: Washington CNN, Worldwide Developers, Apple, Apple Intelligence Locations: Apple’s

☆ Samsung Electronics’ workers in South Korea go on strike for the first time ever
▼ + stars: | 2024-06-07 | by ( Yoonjung Seo | Diksha Madhok | ) edition.cnn.com time to read: +2 min

Seoul CNN —A labor union at Samsung Electronics in South Korea said many workers went on strike Friday, marking the first such walkout in the smartphone and chipmaking giant’s 55-year history. The Nationwide Samsung Electronics Union (NSEU) said last week that its 28,000 members — just under a quarter of the company’s total workforce in the country — would stage a one-day strike on June 7, following failed negotiations over pay and bonus arrangements. A Samsung spokesperson told CNN that, “there is no impact on production and management activities” as a result of the one-day walkout. The vast majority of the world’s advanced microchips are made in just two places: Taiwan and South Korea. Taiwan’s industry is larger and more dominant, something South Korea is keen to challenge.

Persons: —, Son Woomok, Anthony Wallace, chipmaker Organizations: Seoul CNN, Samsung Electronics, Nationwide Samsung Electronics Union, CNN, Reuters, Samsung, SK Hynix, Micron Technology, Getty, Intel Locations: Seoul, South Korea, AFP, Taiwan

☆ CNN executive Rachel Smolkin named CEO of Oregon Public Broadcasting
▼ + stars: | 2024-06-06 | by ( David Goldman | ) edition.cnn.com time to read: +3 min

CNN —Rachel Smolkin, a veteran media executive who leads CNN’s global digital news, is departing the network to become the next president and CEO of Oregon Public Broadcasting. OPB called Smolkin a forward-thinking journalist and a strong business strategist who can help lead the 100-year-old public media organization through a difficult environment for the journalism industry – and public media, in particular. “Rachel will advance our work with deep experience in journalism, wide professional networks and adaptive leadership skills.”Smolkin joined CNN in 2014 to lead politics coverage for CNN Digital. Over the past several years, Smolkin’s purview grew to include national, international, business and live news for CNN Digital. Before joining CNN, Smolkin worked at Politico, USA Today and the American Journalism Review.

Persons: Rachel Smolkin, OPB, ”, Rukaiyah Adams, “ Rachel, ” Smolkin, Rachel, Virginia Moseley, CNN’s, “ She’s, Smolkin, Mark Thompson, “, Steve Bass, Sam Feist Organizations: CNN, Oregon Public Broadcasting, CNN Digital, University of Virginia’s Darden School of Business, Politico, USA, American, SPAN Locations: Oregon, Pacific Northwest, ”, Washington

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