DIRS.INFO The most relevant business & tech news

☆ I moved my family from the US to Switzerland 8 years ago. The difference in our quality of life is astounding.
▼ + stars: | 2024-09-24 | by ( Amy Aves Challenger | ) www.businessinsider.com time to read: +5 min

We folded seamlessly into our interconnected Swiss communityMy family didn't feel unwelcome or different in our new community. Amy ChallengerBecause of my husband's job, we quickly obtained resident permits to live in Switzerland and acquired health insurance. It eases our days and helps us stay connected to the beautiful nature around us. As the US continues to deal with extreme political divides, we're staying abroadWe are much more connected to nature in Switzerland. Earlier this year — almost eight years after moving to Switzerland — I returned to the US to stay in Manhattan with my youngest daughter.

Persons: —, Amy Challenger, we're, Switzerland — Organizations: Service, Sandy Hook Elementary, Business, South, Trump Locations: Switzerland, Lake Zurich, Africa, Asia, Europe, South America, Connecticut, Manhattan, Central Park

☆ Traveling to die: The latest form of medical tourism
▼ + stars: | 2024-08-23 | by ( Debwaldman | Kff Health News | ) edition.cnn.com time to read: +9 min

At that point, she would have had to travel to Switzerland — or live in the District of Columbia or one of the 10 states where medical aid in dying was legal. (Montana effectively allows aid in dying through a 2009 court decision, but that ruling doesn’t spell out rules around residency. In Oregon, 23 out-of-state residents died using medical assistance in 2023, just over 6% of the state total, according to the Oregon Health Authority. She would’ve preferred to travel from her home in Pennsylvania to neighboring New Jersey for medical aid in dying, but it is allowed there only for state residents. Instead she has arranged to die in Vermont, one of two states that explicitly allow medical aid in dying for nonresidents.

Persons: Francine Milano, she’d, ”, “, Milano, Oncologist Charles Blanke, he’s, ” Blanke, Peg Sandeen, Kris Brackin, would’ve, nonresidents, Eric Harkleroad, Diana Barnard, there’s rescheduling, “ It’s, Anita Hannig, Sandeen, Barnard, Blanke, Airbnbs, Milano hasn’t, Dr, Sanjay Gupta, That’s, she’ll, it’s Organizations: Health, District of Columbia, Vermont Department of Health, Oregon Health Authority, KFF, Craigslist, CNN, CNN Health, KFF Health Locations: Pennsylvania, Vermont, Lancaster, Switzerland, District, Oregon, Montana, New York, California, Portland, U.S, Carolinas, Florida, Texas, New Jersey, America, . Delaware, Burlington, When Oregon

☆ I had my first baby in Switzerland and the second after moving home to Chicago. Giving birth in the US left much to be desired.
▼ + stars: | 2024-08-02 | by ( Chantal Panozzo | ) www.businessinsider.com time to read: +7 min

AdvertisementArrival at the delivery ward in the US vs SwitzerlandSo no, the suburban Chicago hospital had no birthing stool. In Switzerland, the standard of care is a five-day hospital stay for a vaginal birth and a 10-day hospital stay for a C-section. AdvertisementDuring my five-day hospital stay in Switzerland, in addition to constantly monitoring my baby and my health, I was taught to breastfeed, diaper, and bathe my baby. The author found giving birth in Switzerland much easier than back home in Chicago. AdvertisementChantal Panozzo is writing a book about what she wishes she'd known about American life before giving up her Swiss residency permit.

Persons: —, GYN, I'd, Chantal Panozzo, Peterson, haven't, she'd Organizations: Service, Business, Swiss, OB, Commonwealth Fund, Disease Control Locations: Chicago, Switzerland, Swiss, America

It’s rare for Russian criminal hackers to land in U.S. prisons and even rarer for them to get out early. But two of the eight Russians released in Thursday’s prisoner swap with the U.S. are seasoned cybercriminals. It is believed to be the first time the U.S. has released international hackers in a prisoner exchange, according to cybercrime experts and a review conducted by NBC News. The two convicted Russian hackers, Vladislav Klyushin and Roman Seleznev, are in their early 40s. Natalia Kolesnikova / AFP - Getty ImagesThat was true for the men released Thursday.

Persons: Evan Gershkovich, Vladislav Klyushin, Klyushin, Seleznev, Todd Carroll, “ It’s, ” Carroll, ”, “, “ I’m, Natalia Kolesnikova, Philip Reiner, they’ve, Vladimir Putin’s Organizations: U.S, Kremlin, Wall, ., NBC News, FBI, Getty, Institute for Security, Technology Locations: U.S, United States, Russia, Russian, Sverdlovsk Regional, Yekaterinburg, AFP, Sion , Switzerland, Seleznev, Maldives

☆ CNBC's Inside India newsletter: Can India's hot deal-making season extend to a free trade agreement?
▼ + stars: | 2024-08-01 | by ( Ganesh Rao | ) www.cnbc.com time to read: +3 min

Customers browse the S1 Pro electric scooter of Ola Electric Mobility Pvt. SoftBank -backed Ola Electric is set to raise nearly three quarters of a billion dollars with a stock market listing. India and four European nations — Iceland, Liechtenstein, Norway and Switzerland — struck a free trade agreement (FTA) earlier this year. "Our Free Trade Agreement negotiations is the floor not the ceiling of our ambitions to unlock our shared potential and deliver growth, from Bengaluru to Birmingham," Lammy said last week before his visit. India and the U.K. also have high rankings on the World Bank's Trade Complementarity Index, which indicates whether countries are natural trade partners.

Persons: Ola, Samyukta Lakshmi, Bharat, Switzerland —, David Lammy, Lammy, Chietigj Bajpaee, Narendra Modi's, Aastha Gudwani, Murugesh Organizations: Ola Electric Mobility, Ola Experience, Ola, Bloomberg, Getty, Mankind, Vaccines, South, House, India, Indian, Bank of America's, NYSE Locations: Bengaluru, India, Iceland, Liechtenstein, Norway, Switzerland, New Delhi, Birmingham, South Asia, Bank of America's India, Singapore, Japan

☆ Trekking Across Switzerland, Guided by Locals’ Hand-Drawn Maps
▼ + stars: | 2024-07-17 | by ( Photographs | Text Ben Buckland | ) www.nytimes.com time to read: +14 min

Trekking Across Switzerland, Guided by Locals’ Hand-Drawn Maps Nostalgic for a time before ubiquitous connectivity, a writer ditched his phone and relied instead on serendipity — and maps made by people he met along the way. So perhaps the most difficult day was also the day I knew for sure that I would make it — that I’d find my way across Switzerland with nothing but the hand-drawn maps of strangers. The map I’m using was drawn by Susana, a Portuguese woman who married into a local family and now runs a mountain refuge near the village of Grindelwald. Days 9 and 10 43 miles, through the original heart of Switzerland and the turquoise lakes of the canton of Glarus. This is the heart of Switzerland — the original cantons that formed the Old Swiss Confederacy, the precursor to the modern-day country.

Persons: Chris, Rocher de Naye, Melanie, Col de Chaude, d’Oex, “, ”, I’ve, ” I’ve, Rudy, Nestor, Dora, haven’t, Sherlock Holmes, Susana, I’m, Simon, he’s, They’re, Kris, Andy Clark, we’ve, it’s, Peter, Andrea, won’t, Jon, you’re Organizations: Sparta —, Restaurant, Energy, Swiss Confederacy Locations: Switzerland, American, Lake Constance, Lake Geneva, Montreux, Caux, Europe, Col, Charlotte, Gstaad, Bernese, xenia, Lenk, Adelboden, Lake, Portuguese, Grindelwald, Meiringen, Engelberg —, Tasmania, Swiss, Danish, Glarus, Schwyz, Liechtenstein

☆ I loved my first visit to Switzerland — but my trip would've been better if I hadn't made these 5 mistakes
▼ + stars: | 2024-07-04 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +6 min

I think I would've been better off in a cheap hotel room, which likely would've had a better bed and no kitchen area, which I didn't need. Using Google Maps to locate bus stopsThis sneaky bus stop was in an underground pass beneath a building. I would walk to the exact spot where Google Maps said the bus stop was and see no signs or benches. I'd wander around looking for the bus stop while watching several buses drive past me without stopping. AdvertisementEach time, I had to ask a local or two where the bus stop was.

Persons: —, Moritz, Morgan McFall, Johnsen, I'd, would've, Airbnb Organizations: Service, Business, Google, SBB Locations: Switzerland, Zurich, Swiss, Europe, Sion, France, St, Johnsen Switzerland

☆ Top 10 most expensive cities for expats in 2024
▼ + stars: | 2024-06-18 | by ( Charmaine Jacob | In Charmainemariajacob | ) www.cnbc.com time to read: 1 min

Hong Kong retained its pole position as the world's most expensive city for expats in 2024, according to Mercer. Asia's biggest financial hubs have once again clinched the top spots for being the costliest cities for international workers to live in, according to Mercer. Hong Kong was ranked as the most expensive city for expats to live in, followed by Singapore and Zurich, according to the Cost of Living City Ranking 2024. Cities in Switzerland — Zurich, Geneva, Basel and Bern — snagged four out of 10 spots. New York City ranked No.

Persons: Mercer . Hong Kong Organizations: Bern — snagged, New York City Locations: Hong Kong, expats, Mercer, Mercer . Hong, Singapore, Zurich, Switzerland — Zurich, Geneva, Basel, Bern, New, London

☆ Transgender swimmer Lia Thomas loses challenge barring her from elite women’s swimming races
▼ + stars: | 2024-06-13 | by ( Lauren Merola | ) www.nytimes.com time to read: +3 min

Transgender swimmer Lia Thomas lost her challenge against the Court of Arbitration of Sport in Switzerland — the world’s top court in matters of sporting fairness — to overturn the rules of World Aquatics that prevent transgender women from competing in women’s divisions. The ruling excludes transgender women who underwent male puberty, like Thomas, from participating in women’s races. By 2021, Thomas met the NCAA hormone therapy requirements to swim on Penn’s women’s team and did so for the 2020-21 and 2021-22 seasons. Thomas called the CAS decision “deeply disappointing” in a statement from her legal team, according to Athlete Ally. Last year, the governing bodies for track and field as well as cycling ruled that transgender women could not compete in women’s events.

Persons: Lia Thomas, Thomas, Thomas ’, Ally, ”, Austin Killips, Mike Comer Organizations: Aquatics, University of Pennsylvania, NCAA, Cycling Union Locations: Switzerland, Berlin, Toronto

☆ European leaders are planning a $4.3 billion Iron Dome-style defense system
▼ + stars: | 2024-05-22 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +3 min

Read previewEuropean countries are preparing to reveal plans for a $4.3 billion Iron Dome-style air and missile defense system, Poland's prime minister announced on Monday. The European Sky Shield Initiative, or ESSI, is conceived as a means to jointly procure ground-based interoperable air defense systems. There is no reason for Europe not to have its missile defense shield," Tusk said, per The Telegraph. Related storiesIsrael's Iron Dome has long been seen as one of the world's most advanced air defense systems, protecting the country's skies from rockets and other projectiles. AdvertisementWhile a direct hot-war attack by Russia on NATO Europe is not considered an immediate likelihood, many countries — particularly those that border Russia — are deeply alarmed.

Persons: —, . Donald Tusk, Tusk, ESSI, Olaf Scholz, It's, Andrzej Duda Organizations: Service, AVN, European Council, Kyiv Post, Business, Sky Shield Initiative, Telegraph, NATO, Patriots, IRIS Locations: Kyiv, Israel, Europe, Russia, Iran, NATO Europe, Ukraine, Germany, Austria, Switzerland, Turkey, Greece, German, ESSI

☆ Opinion: Eurovision’s slogan is ‘United by Music.’ The reality turned out very different
▼ + stars: | 2024-05-12 | by ( Opinion Louis Staples | ) edition.cnn.com time to read: +8 min

CNN —The Eurovision Song Contest is a glittery and eccentric spectacle that rivals the Super Bowl for its attraction to audiences. When combined with the jury vote, Israel’s impressive public vote tally saw Golan finish in fifth place overall. Despite this, the EBU has always insisted that Eurovision is an apolitical music competition between broadcasters, rather than a political competition between governments. The 2023 contest in Liverpool was a moving display of unity — so much that Liverpool’s slogan, “United By Music,” was adopted by Eurovision for all future contests. On Saturday, there was very little sense that Eurovision was “united by music.” Some fans boycotted, while others mobilized online to vote for Israel.

Persons: Louis Staples, Celine Dion, Louis Staples Louis Staples, Greta Thunberg, Eden Golan, Israel, —, Lasagna, Golan, Nemo, Russia —, ”, Turkey, Isaac Herzog, Bambie, Joost Klein, AVROTROS, Martin Österdahl Organizations: Guardian, Rolling Stone, Wired, CNN, Super Bowl, Hamas, European Broadcasting Union, Eurovision, EBU, “ United, Music, Israel, Ukraine, Twitter, Facebook Locations: London, Slate, Switzerland, Swedish, Malmö, Gaza, Europe, Turkey, Israel, Russia, Greece, Cyprus, Ukraine, Liverpool, United Kingdom, Italy, France, Germany, Netherlands, Dutch

☆ 'Stability is fragile': An overlooked European conflict zone is at a tipping point between peace and combat
▼ + stars: | 2024-02-08 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +1 min

The clash broke out in the village when a group of armed Serbs blocked a bridge with two trucks. A shootout erupted after the group opened fire on police, leaving one police officer dead and another injured. Relations between Serbia and Kosovo, which have been fraught since the pair's brutal conflict in the 1990s, remain delicate one year on from a tentative agreement on a new path to normalization. We cannot take peace and stability for granted," Miroslav Lajčák, EU special representative for the Belgrade-Pristina dialogue and Western Balkans, told CNBC in Davos, Switzerland last month. The Belgrade-Pristina dialogue is a series of talks facilitated by the European Union designed to ease hostilities between the neighboring southeastern European countries.

Persons: Milan Radoicic, Vudi Xhymshiti, Miroslav Lajčák Organizations: Kosovo Police, Kosovo Serb, Milan, Anadolu Agency, Getty Images, Belgrade, CNBC, European Union Locations: Banjska, Zvecan, Kosovo, Davos, SWITZERLAND, Russia, Ukraine, EU, Serbia, Pristina, Balkans, Switzerland, Belgrade, Serbs

American ski racer Mikaela Shiffrin will skip giant slalom and slalom races this weekend in Andorra to give her knee more time to mend. Shiffrin, who’s chasing her sixth overall World Cup title this season, was hurt in a crash nearly two weeks ago during a downhill event at Cortina d’Ampezzo, Italy. Although she avoided major damage to her left knee, she said she’s dealing with an MCL sprain along with a sprain of the tibiofibular ligament. She added that she continues to recover from a bone bruise she suffered at the start of the season. “I really want to do this right,” Shiffrin said Wednesday of her recovery.

Persons: who’s, She's, Shiffrin, Lara, “, ” Shiffrin, It’s, Sofia Goggia, who've, Petra Vlhova, Alexis Pinturault, Corinne Suter, Aleksander Aamodt Kilde, she's, Lena Duerr Organizations: Cortina d’Ampezzo, Cortina, Sofia Locations: Andorra, Italy, Colorado, Switzerland, Milan, Norwegian, “

☆ Russia's war in Ukraine has had an unlikely consequence — it has revived the EU's plans to get even bigger
▼ + stars: | 2024-02-05 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +1 min

People hold a banner and Ukrainian flags during a rally to mark the one-year anniversary of Russia's invasion of Ukraine on February 24, 2023 in Belgrade, Serbia. As part of the Western Balkans block waiting for EU-membership, Serbia is caught in a geostrategic rivalry between its Western allies and Russia. Davos, SWITZERLAND — As spiking geopolitical tensions thrust the European Union into the spotlight, attention has turned to the strategically important Western Balkans. The Western Balkans, comprised of Albania, Bosnia and Herzegovina, North Macedonia, Montenegro, Kosovo and Serbia, represent a notable gap in the map of EU membership in southeastern Europe. "I see the European Union more ready for the Balkans than the Balkans for the European Union," Miroslav Lajčák, EU Special Representative for the Belgrade-Pristina Dialogue and Western Balkans, told CNBC last month.

Persons: —, Miroslav Lajčák, Lajčák Organizations: EU, Union, European Union, Belgrade, Pristina, CNBC Locations: Ukraine, Belgrade, Serbia, Balkans, Russia, Davos, SWITZERLAND, Albania, Bosnia, Herzegovina, North Macedonia, Montenegro, Kosovo, Europe, Yugoslavia, European, Western Balkans

☆ 'The Davos underground': A final take on the secretive parties of the world's rich and powerful
▼ + stars: | 2024-01-31 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +23 min

"That's when you get the good s---," said a Davos attendee who is regularly selected to join the exclusive backroom of the Annual Davos Wine Forum Tasting. Zoom In Icon Arrows pointing outwards JPMorgan took over the Kirchner Museum for its annual drinks event. Zoom In Icon Arrows pointing outwards The attire of the Davos set is decidedly not chic. Zoom In Icon Arrows pointing outwards The color of your conference badge determined access to World Economic Forum events. Zoom In Icon Arrows pointing outwards Skiing and snowboarding post panels and broadcasting was another favorite pastime of some Davos goers.

Persons: bankrolled, Vladimir Putin's, Putin, George Soros, Bill Browder, Anthony Scaramucci, Anthony, Scaramucci, queued, Latour, Donald Trump, —, Mark Milley, Matt Damon, Richard Branson, Andrea Bocelli, Chris Coons, Paul Ryan, bartenders, Champagne Perrier, Chateau Latour, L'Eglise, Burgundy Olivier Bernstein Bonnes, Domaine Comte Georges de Vogue, Tenuta, Casanova di Neri, Stephen King, Browder, Doug Emhoff, Gary Cohn, Ian Bremmer, Sir Martin Sorrell, Sting, Bill Gates, Sam Altman, Marc Benioff, Ray Dalio, Emhoff, Ernst Ludwig Kirchner, Brian Moynihan, IBM's Gary Cohn, Jack Hidary, Sir Richard Moore, Barry Colson, Davos goer, Moritz, Eve, CNBCers, Emmanuel Macron, John Kerry, Joe Short, roundtables, Wyclef Jean, Diane von Fürstenberg, George Osborne, David Rhodes, Osborne, Politico's Suzanne Lynch, Princess Beatrice, David Blaine, Milley —, Tij, CNBC Tij Organizations: Economic, CNBC, Congress Center, Russian, Russian Direct Investment Fund, Moonshot Investor Network, Putin, Hermitage Capital, SkyBridge, White House Communications, Chiefs, Bordeaux Smith Haut, Platz, Politico, IBM, AB InBev, White, Trump, Eurasia Group, Capital, Microsoft, Wall Street, Billionaire Microsoft, Light, Infosys, Bloomberg House, JPMorgan, Kirchner Museum, Financial, Hotel, CNBC CNBC, Bank of America, New, Davos, U.S . Climate, Accenture, Golf Club Davos, Palantir, Chancellor, Sky News's, Sting, Workers, Swiss Army, Army, Gliding Locations: Davos, Switzerland, Soviet, Ukraine, Moscow, Hungarian, Hermitage, Providence, Europe, Davos's, Bordeaux, Bordeaux Smith Haut Lafitte, Bello, Santa Cruz, Napa Valley Tuscany, Schatzalp, Scalettastrasse, Emirates, Halifax, Canada, Salt Lake City, U.S, Palantir, Swiss

☆ Blockchain, the tech behind bitcoin, may have found its 'killer use case' by keeping AI in check
▼ + stars: | 2024-01-22 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +2 min

Businesses have been looking to put these principles to use in other applications for blockchain, which is sometimes referred to as distributed ledger technology. That means the answers an AI system may give would contain those biases and false information. In the case of AI, training data can be put on the blockchain. Hallucinations broadly refer to when an AI system gives out false information. Sheila Warren, the CEO of the Crypto Council for Innovation, said, however, that a blockchain-based AI training data ledger could be the "killer use case" for the technology.

Persons: Blockchain, Parlika, Sheila Warren, Warren Organizations: CNBC, Casper Labs, IBM, Economic, Crypto, Innovation Locations: DAVOS, Switzerland, Davos

☆ Grayscale CEO says most of the 11 approved bitcoin ETFs won't survive, defends highest fees in industry
▼ + stars: | 2024-01-19 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +2 min

When the U.S. Securities and Exchange Commission approved a swathe of spot bitcoin ETFs earlier this month, much focus was on the management fees that firms from BlackRock to Fidelity were charging. The Grayscale Bitcoin Trust ETF is the world's largest, with over $25 billion in assets under management. "Investors are weighing heavily things like liquidity and track record and who the actual issuer is behind the product. The Grayscale CEO said two to three of the spot Bitcoin ETFs "will maybe obtain some kind of critical mass" of assets under management, but that the others may be pulled from the market. "I don't ultimately think that the marketplace will have ultimately these 11 spot products we find ourselves having," Sonnenshein said.

Persons: Michael Sonnenshein, Sonnenshein Organizations: Forbes, Summit, New York Historical Society, U.S . Securities, Exchange Commission, Fidelity, CNBC, Economic Locations: BlackRock, DAVOS, Switzerland, Davos

☆ Top CEOs fear that volatile supply chains are now just the new normal
▼ + stars: | 2024-01-19 | by ( Silvia Amaro | ) www.cnbc.com time to read: +2 min

Kristian Helgesen | Bloomberg | Getty ImagesDAVOS, Switzerland — Top CEOs are closely following tensions in the Red Sea, warning that this kind of volatility for supply chains is likely here to stay. Houthi rebels from Yemen have attacked commercial vessels traveling in the Red Sea since November. Supply chains were massively disrupted during the pandemic and the subsequent bounce back, given the restrictions and the closure of borders. Tobias Meyer, the CEO of DHL, shared concerns over the new normal for supply chains. "We have an issue in the Panama Canal, we have an issue in the Red Sea.

Persons: Ebba, A.P ., Kristian Helgesen, Jesper Brodin, Brodin, Tobias Meyer Organizations: A.P, A.P . Moeller, Maersk, Bloomberg, Getty, Ingka, CNBC, Economic, IKEA, DHL Locations: Suez, Egypt, DAVOS, Switzerland, Red, Yemen, Iran, Gaza, United States, Hope, Africa, Asia, Europe, Davos, Panama

☆ Saudi Arabia goes big in Davos as it looks to become a top AI tech hub for the Middle East
▼ + stars: | 2024-01-19 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +7 min

A pop-up showcasing Saudi Arabia's Neom development features among the most prominent on the Davos promenade in 2024. But Saudi Arabia is keen to capture some of the limelight, and talent, from its neighbor on the Arabian Peninsula — an ambition laid bare on the Davos Promenade this year. "He's driving entrepreneurship, he's diversifying the economy ... And there are a lot of people that are really interested in working in Saudi Arabia," said Bremmer. "In the Emirates and in Saudi Arabia, you have millions of people that need upskilling, particularly Saudi Arabia which has a much larger population," Hidary said. Hidary, who was recently in Saudi Arabia, says that the UAE and Saudi Arabia are looking at countries like Singapore and Israel that have supported start-ups and are driven by technology.

Persons: Mohammed al, Jadaan, Prince Mohammed bin Salman's, Ian Bremmer, he's, Bremmer, Jamal Khashoggi, King Abdullah, KAUST, Harri Jarvelainen, Vera Futorjanski, Futorjanski, Israel Jack Hidary, Hidary, — CNBC's Karen Gilchrist Organizations: Saudi, CNBC, United Arab, prince's, —, Economic, Al, U.S, Eurasia Group, MBS, World Bank, Research Technology Centers, King, King Abdullah University of Science, Technology, UCLA, Riyadh's, Center, AI Research, AI, Artificial Intelligence Authority, Veritas Ventures, Emirates Locations: Davos, CNBC DAVOS, Switzerland, United Arab Emirates, Saudi Arabia, Neom, Saudi, Riyadh, China, Istanbul, UAE, Singapore, Israel, Emirates

DAVOS, Switzerland — OpenAI founder and CEO Sam Altman said generative artificial intelligence as a sector, and the U.S. as a country are both "going to be fine" no matter who wins the presidential election later this year. Altman was responding to a question on Donald Trump's resounding victory at the Iowa caucus and the public being "confronted with the reality of this upcoming election." "I believe that America is gonna be fine, no matter what happens in this election. Trump won the Iowa Republican caucus in a landslide on Monday, setting a new record for the Iowa race with a 30-point lead over his closest rival. When asked whether there's a danger that AI furthers that hurt, Altman responded, "Yes, for sure."

Persons: Switzerland —, Sam Altman, Altman, Donald Trump's, We're, what's, Trump, we've, we're, Anna Makanju Organizations: Iowa, Bloomberg, Economic, Trump, Iowa Republican Locations: DAVOS, Switzerland, America, Davos, Iowa, San Francisco, OpenAI

☆ Lenovo bets its Motorola smartphone brand will be the third-biggest globally in 3 years
▼ + stars: | 2024-01-19 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +2 min

In this article 992-HK Follow your favorite stocks CREATE FREE ACCOUNTA Motorola Razr Flip Smartphone kept at dispay at the launch event of the new Motorola Flip Smartphones, Motorola Razr 40 and Motorola Razr 40 Ultra, in New Delhi, India. Kabir Jhangiani | Nurphoto | Getty ImagesDAVOS, Switzerland — Motorola will likely be the third-biggest smartphone player in the world in three years, according to a top executive at Chinese tech firm Lenovo , the owner of the brand. In 2020, Lenovo rebooted the iconic Motorola Razr as a foldable smartphone. Motorola and Lenovo combined had around a 4% market share in the third quarter 2023, making it the eighth-largest player globally, according to Counterpoint Research. The executive said Motorola is looking to grow "stably" in the markets it is in until it reaches 10% market share in those places which will uplift its market share globally.

Persons: Kabir Jhangiani, Matthew Zielinski, Zielinski Organizations: HK, Motorola, Nurphoto, Getty, Lenovo, Google, Samsung, Apple, CNBC, Economic, Research Locations: dispay, New Delhi, India, DAVOS, Switzerland, Davos, U.S, America

☆ Pushback against Trump plays into the hands of the Chinese, Austria minister says
▼ + stars: | 2024-01-18 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +1 min

Republican presidential candidate and former U.S. President Donald Trump gestures during a campaign rally ahead of the New Hampshire primary election, in Atkinson, New Hampshire, U.S. January 16, 2024. Davos, SWITZERLAND — Liberal pushback against a likely highly divisive U.S. election will play into the hands of the Chinese, Austria's Minister for Foreign Affairs, Alexander Schallenberg, said Thursday. "They treat democracy as a weakness, making us slower, making us more cumbersome. A spokesperson for the Chinese embassy in the U.K. wasn't immediately available for comment when contacted by CNBC. Trump, for his part, was considered highly skeptical of China during his time in office, opting for a protectionist approach.

Persons: Donald Trump, Alexander Schallenberg, Schallenberg, CNBC's Silvia Amaro, Trump, Biden Organizations: New, Liberal, Foreign Affairs, CNBC, Economic, wasn't, Republican Locations: New Hampshire, Atkinson , New Hampshire, U.S, Davos, SWITZERLAND, Switzerland, China

The topic of Donald Trump has dominated dinners and parties at Davos, with many in attendance at the World Economic Forum mulling the former president's potential return to the White House after his resounding Iowa caucus victory. 2024 predictionsJamie Dimon, President & CEO,Chairman & CEO JPMorgan Chase, speaking on CNBC's Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 17th, 2024. Steve Schwarzman, Chairman, CEO & Co-Founder Blackstone Group, speaking on CNBC's Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 17th, 2024. Adam Galici | CNBCBlackstone CEO Stephen Schwarzman expressed another common theme among executives — that both Trump and U.S. President Joe Biden are flawed choices. Marc Benioff, co-founder, chairman and CEO Salesforce, speaking with CNBC's Sara Eisen at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 17th, 2024.

Persons: Donald Trump, Evelyn Hockstein, —, I'm, Trump's, Jamie Dimon, JPMorgan, Adam Galici, Jamie Dimon wouldn't, CNBC's, Dimon, Biden, Trump, he's, Steve Schwarzman, Stephen Schwarzman, Joe Biden, Schwarzman, Ben Smith, Smith, Marc Benioff, Salesforce, Bloomberg's Brad Stone, CNBC's Sara Eisen Organizations: Reuters, Switzerland — Global, Washington , D.C, Trump, ., JPMorgan Chase, CNBC, NATO, White, U.S, Capitol, Blackstone Group, CNBC Blackstone, Biden, Wall Street Locations: Des Moines , Iowa, U.S, Reuters DAVOS, Switzerland, Washington ,, Davos, Trade, China, Mexico, United States

Sam Altman, CEO of OpenAI, at the Hope Global Forums annual meeting in Atlanta on Dec. 11, 2023. DAVOS, Switzerland — Sam Altman said he was 'surprised' by The New York Times' lawsuit against his company OpenAI, saying its artificial intelligence models didn't need to train on the news publisher's data. According to Altman, OpenAI wanted to pay the outlet "a lot of money to display their content" in ChatGPT, the firm's popular AI chatbot. "We were as surprised as anybody else to read that they were suing us in the New York Times. "We are open to training [AI] on the New York Times, but it's not our priority," Altman said in front of a packed Davos crowd.

Persons: Sam Altman, Altman, OpenAI, isn't, it's, ChatGPT Organizations: Hope, The New York Times, New York Times, Economic, Microsoft Locations: Atlanta, DAVOS, Switzerland, ChatGPT, Davos

☆ China courts global elite at Davos with largest presence in years
▼ + stars: | 2024-01-18 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +1 min

Participants walk in the street of the Alpine resort of Davos during the World Economic Forum. Davos, SWITZERLAND — China returned to Davos in full force this week as it attempts to thaw relations with the international community and court investment following years of Covid-19 lockdowns and rising geopolitical tensions. A delegation led by Chinese Premier Li Qiang is estimated to be the largest since 2017, when President Xi Jinping led an 80-strong cohort of Chinese business leaders and billionaires up the Swiss mountain. Li went on to meet for lunch with a host of top business leaders, including the CEOs of JPMorgan, Bank of America, Standard Chartered and Blackstone. He was joined by several other high ranking ministerial representatives including the Deputy Foreign Minister Ma Zhaoxu and Commerce Minister Wang Wentao.

Persons: Premier Li Qiang, Xi Jinping, Li, Ma Zhaoxu, Wang Wentao Organizations: Economic, Premier, JPMorgan, Bank of America, Standard Chartered, Blackstone, People's Bank of China, CNBC Locations: Davos, SWITZERLAND, China

Search resuls for: "Switzerland —"

25 mentions found