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☆ PayPal just opened a new ad business. The exec leading it unpacks the plan to link advertisers with its trove of transaction data.
▼ + stars: | 2024-10-10 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +5 min

PayPal is set to launch an ad business, starting in the US. AdvertisementPayPal is set to announce the official launch of PayPal Ads on Thursday. This new advertising business looks to help marketers tap into data on the billions of transactions that take place across its payments platforms. Users can opt-out of their data being shared with advertisers, PayPal said. Advertisement"Mastercard already has a data business," Webster said.

Persons: —, Mark Grether, Uber's, Grether, JiYoung Kim, Lyft, It's, Alex Chriss, Diego Scotti, Robert Webster, Webster, Dunn, Bradstreet Organizations: PayPal, Service, Business, Amazon, Walmart, Nordstrom, Ticketmaster, Chriss, Verizon, TAU Marketing Solutions, Mastercard Locations: York, Germany, Experian

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

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

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

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

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

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

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

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

☆ Chipotle's prices vary across the US. Here's how to see the difference.
▼ + stars: | 2024-10-10 | by ( Alex Bitter | ) www.businessinsider.com time to read: +5 min

One patron pulled pricing data and found some wide differences between Chipotle locations. It shows that the same meal can cost up to 40% more at some Chipotle locations than others. "Me and my friends loved going to Chipotle," Cohen said. It's common for prices to vary at US restaurants depending on the cost of living where they're situated. A five-minute drive away, another Chipotle location was charging $10.95 for the same order when Cohen pulled the data.

Persons: Chipotle, —, Adam Cohen, Cohen, — Cohen, Chicken Al Pastor, Adam Cohen Adam Cohen Cohen, chipotlecost.com, I've Organizations: Service, Binghamton University, East, Taco, Purdue University, West Lafayette Chipotle Locations: New York, —, West Lafayette , Indiana, The Bronx, New York City, West Lafayette, Brea , California, West Coasts, Los Angeles, San Francisco, Ohio, Oklahoma, taconomical.com, Taco Bell, Indiana, West, Chipotle

Check out our main Prime Day deals hub for sales, broken down into categories like tech, home and kitchen, style and beauty, and more. View at Amazon What we like Check mark icon A check mark. Easy-to-use Alexa voice controlCheck mark icon A check mark. This is a relatively new product on the market, and we're seeing the first ever sale during Prime Day. Check out our roundup of all of the best Prime Day deals , or browse Amazon's website for the full selection.

Persons: Dyson, Rocco, seltzer Organizations: Business, Deal, Samsung, Alexa Voice, Amazon, Shark, Dyson, Upright, Amazon Philips, Philips, Amazon Samsung

☆ Colorado court dismisses suit against baker who wouldn't make transgender-themed cake
▼ + stars: | 2024-10-09 | by ( ) www.nbcnews.com time to read: +3 min

Lower courts in Colorado had concluded that Masterpiece Cakeshop and the bakery’s owner, Jack Phillips, had violated Autumn Scardina’s rights by refusing to make her a pink cake with blue frosting because of her identity as a transgender woman. Scardina had initially filed a discrimination complaint with the Colorado Civil Rights Division after Phillips refused to make the cake she wanted to order to celebrate her birthday and her identity as a transgender woman. Justice Melissa Hart, writing for the majority, said Scardina should have challenged that decision in an appeals court, rather than file a new lawsuit. The U.S. Supreme Court in 2018 ruled in Phillips’ favor but on narrow grounds that avoided setting a major precedent allowing people to claim religious exemptions from anti-discrimination laws. But in June 2023, in a case billed as a sort of sequel, the 6-3 conservative majority U.S. Supreme Court held the First Amendment protected web designer Lorie Smith from being compelled by Colorado to provide services to same-sex weddings.

Persons: Jack Phillips, Phillips, Scardina, Melissa Hart, Richard Gabriel, ”, construe, John McHugh, Scardina’s, ” Scardina, Phillips ’, Lorie Smith Organizations: U.S, Supreme, Colorado Supreme, Colorado Anti, Colorado Civil Rights, Defending, Colorado Civil, Phillips Locations: Colorado

☆ How to Say No to Our A.I. Overlords
▼ + stars: | 2024-10-09 | by ( Brian X. Chen | More About Brian X. Chen | ) www.nytimes.com time to read: +1 min

Big tech brands like Google, Apple, Microsoft and Meta have all unleashed tech that they describe as artificial intelligence. Soon, the companies say, we’ll all be using A.I. The companies rely on user activity to train and improve their A.I. systems, so they are testing this tech inside products we use every day. And whenever you use the search tool inside Instagram, you may now be interacting with Meta’s chatbot, Meta AI.

Persons: A.I, Meta’s chatbot Organizations: Google, Apple, Microsoft, Meta, Apple Intelligence

☆ I've been covering Prime Day for years — here are 35 deals that are more than 50% off, which is my threshold for a great discount
▼ + stars: | 2024-10-09 | by ( Lauren Savoie | Sally Kaplan | Deputy Executive Editor | ) www.businessinsider.com time to read: +9 min

View at Amazon What we like Check mark icon A check mark. Attractive, vintage lookCheck mark icon A check mark. Checked bag and carry-on bag in one matching setCheck mark icon A check mark. View at Amazon What we like Check mark icon A check mark. Excellent mappingCheck mark icon A check mark.

Persons: I've, I'm, we've, you've, vacuums, Jolene Loafer, Pullover, Taylor Organizations: Business, Deal, iRobot, Paris Chatelet Air, Alexa, Amazon, Amazon Philips, Taylor Tote

☆ One of Amazon's top AI executives is out
▼ + stars: | 2024-10-09 | by ( Eugene Kim | ) www.businessinsider.com time to read: +2 min

Matt Wood, the vice president of AI at Amazon Web Services, is leaving after 15 years. Wood's departure comes amid fierce AI competition from Microsoft, Google, and OpenAI. AdvertisementMatt Wood, the vice president of artificial intelligence at Amazon Web Services, is leaving. He worked on AWS's machine-learning and AI technology, laying some of the groundwork for the company's latest growth initiatives. Related storiesIt's also the latest exit amid AWS's notable executive turnover in recent years.

Persons: Matt Wood, —, Wood, he's, didn't, It's, Adam Selipsky, Matt Garman, Richard Puccio, Rachel Thornton, Chris Vonderhaar Organizations: Amazon Web, Microsoft, Google, AWS, Service Locations: Amazon

☆ A new HBO documentary suggests bitcoin's creator is Canadian programmer Peter Todd
▼ + stars: | 2024-10-09 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +4 min

A new HBO documentary says that Canadian programmer Peter Todd is the creator of bitcoin. It points to several things to back the claim, but Todd denies he is the token's creator. The true identity of Satoshi Nakamoto, who wrote the bitcoin white paper, has been hotly debated. AdvertisementA new HBO documentary suggests the identity of bitcoin's inventor is a Canadian programmer named Peter Todd. "Money Electric: The Bitcoin Mystery," which premiered on HBO on Tuesday, names Todd as bitcoin's pseudonymous creator, Satoshi Nakamoto.

Persons: Peter Todd, Todd, Satoshi Nakamoto, —, Len Sassaman, Nick Szabo, Adam Back, Cullen Hoback, Nakamoto, Nakamoto's, Hoback, I'm Satoshi, I'm Craig Wright, Satoshi, bettors Organizations: HBO, Service, Nakamoto, New York Times, Polymarket Locations: Canadian

☆ Kalshi expands Trump, Harris election bet options, adds Senate races, CFTC complains
▼ + stars: | 2024-10-09 | by ( Dan Mangan | ) www.cnbc.com time to read: +5 min

Kalshi wagers on the presidential race outcomes were split 50-50, roughly reflecting national polling on the contest. The new contracts were added to Kalshi's platform within days of a favorable federal appeals court ruling for the company on Oct 2. Even more political races could soon become available for betting with Kalshi contracts, the CFTC said, citing contract terms published on the exchange's web site. But the commission argues that Kalshi's contracts might cast doubt on the integrity of elections. The appeals court initially blocked that judge's ruling from taking effect, which meant Kalshi could not offer any political contracts.

Persons: Kamala Harris, Donald Trump, Kalshi, KalshiEx, It's, there's, Tarek Mansour, Mansour, Patricia Millett Organizations: White, Electoral, Commodity Futures Trading Commission, U.S ., Appeals, District of Columbia Circuit, CNBC Locations: Washington ,

☆ US government considers a breakup of Google
▼ + stars: | 2024-10-09 | by ( Clare Duffy | Brian Fung | ) edition.cnn.com time to read: +3 min

The US Department of Justice in a court filing Tuesday night said it may recommend dismantling Google’s core businesses, separating Google’s search business from Android, Chrome and the Google Play app store. “That would prevent Google from using products such as Chrome, Play, and Android to advantage Google search and Google search-related products and features — including emerging search access points and features, such as artificial intelligence — over rivals or new entrants,” the government said in its court filing. The case had been described as the biggest tech antitrust case since the US government’s antitrust showdown with Microsoft at the turn of the millennium. Whatever ultimately happens to Google could set the stage for potential remedies in other, ongoing antitrust cases against tech giants. Google faces a separate case brought by DOJ attorneys, along with 17 states, who allege that its advertising business is anticompetitive.

Persons: ”, Amit Mehta, ” Kent Walker Organizations: CNN, Baby, Google, US Department of Justice, Android, Apple, Microsoft, DOJ, Meta, Ticketmaster

☆ The best October Prime Day deals on Amazon Kindle, Fire tablets and more
▼ + stars: | 2024-10-08 | by ( Henry St. Leger | ) www.nbcnews.com time to read: +5 min

Amazon Prime Big Deal Days is here, offering discounts on Amazon devices during the 48-hour sale, exclusive to Prime members. SKIP AHEAD Best Prime Day Amazon device deals | How I picked the best Amazon device deals | Why trust NBC Select? Best Prime Day Amazon device deals3.9-star average rating from 9,304 reviews on AmazonAmazon’s Echo Buds were at their lowest price ever on the last Prime Big Deal Day, and are well worth a look this time around. How I found the best Prime Day Amazon device dealsAll of my recommendations above are based on NBC Select’s previous coverage and reporting. To round up the best Prime Day sales on TVs, I found highly-rated products at their lowest price ever or their lowest price in three months.

Persons: I’ll, Alexa, TikTok Organizations: Amazon, NBC, Big Deal, Deal, Alexa, Echo, Amazon Music, Spotify, Netflix, Disney, Marvel, Wellness, Bath, Giftable Tech, Facebook, Twitter

☆ Meme coins tied to the identity of bitcoin's inventor have rallied ahead of a new documentary that could reveal their identity
▼ + stars: | 2024-10-08 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +4 min

The jump in bitcoin creator-themed tokens comes ahead of a new HBO documentary about bitcoin. Crypto watchers believe the film will reveal the true name of bitcoin's pseudonymous creator, Satoshi Nakamoto. Coins like LEN, SASHA, and ODIN reference Len Sassaman, an American programmer long suspected of being bitcoin's creator. SZABO, meanwhile, a coin referencing computer scientist Nick Szabo, is up 377%. AdvertisementIn recent days, participants have increasingly bet in favor of Nick Szabo, a computer scientist who published research on bitcoin's precursor "bit gold."

Persons: Satoshi Nakamoto, —, LEN, SASHA, ODIN, Len Sassaman, SASHA —, SZABO, Nick Szabo, ADAM, Adam Back, Nakamoto, Satoshi Nakamotor, Sassaman, Meredith Patterson, Cullen, Szabo Organizations: HBO, Service, CoinMarketCap Locations: American, bettors

☆ Ark Invest expects this tech stock to disrupt Big Tech firms
▼ + stars: | 2024-10-08 | by ( Ganesh Rao | ) www.cnbc.com time to read: +2 min

Big Tech companies will face stiff competition over the coming years, with emerging players in software and data management taking market share, according to Ark Invest. Mega-cap U.S. firms such as Microsoft , Amazon , Google , and Oracle have led the charge in the rise of artificial intelligence. Palantir Palantir, a data analytics company, appears to be providing customized AI and data services to its customers, compared with off-the-shelf products from Big Tech giants. The value of Palantir's services becomes even more compelling when combined with AI capabilities, according to Ark's Bhushan. So Palantir goes in, and it consolidates all this data," Bhushan noted.

Persons: Rahul Bhushan, CNBC's, Bhushan, Palantir, Ark's Bhushan, PLTR Organizations: Big Tech, Invest, Microsoft, Google, Oracle, Ark Invest, Amazon Web Services, Ark Venture

☆ Former Humane execs secure $25 million valuation after departing AI hardware startup
▼ + stars: | 2024-10-08 | by ( Hayden Field | ) www.cnbc.com time to read: +5 min

Two former executives of Humane, the embattled AI hardware startup, are reemerging with a new artificial intelligence software venture that has raised $4 million at a $25 million valuation. He and Hartley Moy are marketing the startup toward enterprise customers in industries like finance, insurance, SaaS, healthcare services and media. "It really came down to the opportunity that we saw in the enterprise side of the house," Hartley Moy, Infactory's CEO, told CNBC. But the two's departure had to do with the business opportunities they saw when working at Humane, Hartley Moy said. WATCH: Former Apple designers launch $700 Humane AI Pin as smartphone replacement

Persons: Brooke Hartley Moy, Ken Kocienda, Kocienda, Hartley Moy, Sam Altman, Marc Benioff, Slack, Andreessen Horowitz, Infactory, Ohtani Organizations: Humane, CNBC, HP, Microsoft, Tiger Global, Google, Apple, Bee Partners, SPV Locations: Salesforce

☆ Afghan national charged with Election Day terrorist plot in US
▼ + stars: | 2024-10-08 | by ( Hannah Rabinowitz | ) edition.cnn.com time to read: +3 min

CNN —The Justice Department announced charges Tuesday against an Afghan national who was allegedly plotting a terrorist attack in support of ISIS on Election Day in the United States. The juvenile has also been arrested, according to court documents. The indictment comes as the Justice Department has publicly – and repeatedly – said its focus is on protecting the November presidential election from foreign threats. Tawhedi’s alleged plot, which prosecutors say was aimed at targeting “large gatherings of people,” was foiled less than a month before voters head to the polls. They also cited a video found on the phone that prosecutors say showed the 27-year-old telling his child about the rewards a martyr receives in the afterlife.

Persons: Nasir Ahmad Tawhedi, Tawhedi, –, Tawhedi’s, ”, General Merrick Garland, Christopher Wray, Garland, ” Tawhedi Organizations: CNN, The Justice Department, Afghan, ISIS, FBI, Justice Department, White Locations: United States, Oklahoma, Afghanistan, Oklahoma City, Washington

Learn moreWith Amazon's Prime Big Deal Days underway, some of the best Prime Day MacBook deals are live. For coverage of all the top sales for Prime Big Deal Days, take a look at our live roundup of the best Prime Day deals. Apple MacBook Air 13-inch M2 (2022) $749.00 $999.00 Save 25% The 2022 MacBook Air introduced Apple's M2 processor, which improved performance over the M1 version. From a portability standpoint, Apple's MacBook Air models are lighter, thinner, and more portable than MacBook Pro laptops at comparable display sizes. Check out our roundup of all of the best Prime Day deals, or browse Amazon's website for the full selection.

Persons: we'd, they're Organizations: Business, Amazon's, Deal, Apple, Apple MacBook, Air, MacBook, Highlights, Pro Apple, Pro

Learn moreAs the Amazon Prime Big Deal Days event kicks off, so do Prime Day monitor deals. View at AmazonThe best Amazon Prime Day gaming monitor dealsThe Samsung Neo G9 is 36% off, a fairly common deal for this model, but it's also often found at full price. However, it retains HDR1000 certification, a 1000R certification, AMD FreeSync Premium Pro, and a 240Hz refresh rate. It also has a blazingly fast 360hz refresh rate, making this an ideal high-end gaming monitor. It also supports HDR10 but its contrast performance can't match that of an OLED monitor.

Persons: We've, it's, OLED Organizations: Business, Amazon Prime, Deal, Gamers, Philips, LG, Dell, AMD, Samsung, Asus, Amazon Samsung, Amazon LG, Amazon, Amazon Dell Locations: Amazon

Apple iPad (9th Generation) $199.00 $329.00 Save 40% The 2021 9th-gen 10.2-inch iPad is great for those who need an iPad for simple and basic tasks, like streaming videos, browsing the web, and running apps. View at Amazon What we like Check mark icon A check mark. View at Amazon What we like Check mark icon A check mark. View at Amazon What we like Check mark icon A check mark. The featherweight, 8.3-inch iPad Mini offers ultimate portability, while the 13-inch iPad Air and iPad Pro boast the largest screens at the expense of portability.

Persons: Apple's, it's Organizations: Business, Prime, Deal, Apple, Apple iPad, iPad

We're seeing huge Prime Day laptop deals, including big savings on gaming laptops, MacBooks, and more. Some of the best Prime Day laptop deals we've found include Lenovo's IdeaPad Slim 3i for 15% off, which was already an amazing value at full price. The best Amazon Prime Day gaming laptop dealsThe MSI Katana A15 for 18% off is an excellent deal that brings the upper-mid-range gaming laptop under $1,500. View at AmazonThe best Amazon Prime Day laptop dealsThe 14-inch HP laptop is an incredible deal at 29% off, bringing high-performance specs to $500. Check out our roundup of all of the best Prime Day deals, or browse Amazon's website for the full selection.

Persons: Slim Organizations: Business, Deal, Slim 3i, Amazon, Amazon Lenovo Legion 5i, Lenovo, Asus, MacBook, Apple MacBook, Air, Apple, Microsoft

☆ Google ordered to open Android app store in Epic Games trial
▼ + stars: | 2024-10-07 | by ( Kif Leswing | ) www.cnbc.com time to read: +3 min

A U.S. judge issued a permanent injunction on Monday that will force Google to offer alternatives to its Google Play store for downloading apps on Android phones. Google will also be restricted from paying fees or sharing revenue with companies in exchange for them choosing not to compete with Google's app store. The Fortnite maker accused Google of anti-competitive practices, including paying hardware companies and Android phone makers to not develop competing app stores. Epic Games prevailed over Google late last year, and Monday's filing details the changes Google has to make. Epic Games mostly lost in a very similar suit against Apple and its control of the App Store.

Persons: Judge James Donato, Apple's, Tim Sweeney, Sweeney Organizations: Epic, Google, Games, Epic Games, Apple Locations: Los Angeles, U.S, California

☆ Wells Fargo downgrades Amazon on slowing growth expectations, Walmart competition
▼ + stars: | 2024-10-07 | by ( Fred Imbert | ) www.cnbc.com time to read: +2 min

The good times for Amazon may be over for now, according to Wells Fargo. "Amazon is likely still a solid margin expansion story over the long term," he added. "But as Amazon management has said multiple times, margin expansion won't be linear. We, and market consensus, likely became a bit exuberant in our extrapolation of margin expansion trends in 2023 and early '24 to '25 and beyond forecasts." "In addition to cheaper fulfillment pricing than Amazon, Walmart can match Prime's shipping speeds.

Persons: Ken Gawrelski, Gawrelski, Amazon's Organizations: North America Retail, Amazon, Services, Walmart Locations: Wells Fargo, Friday's, SPX

☆ One of Walmart's big bets is paying off in its retail battle against Amazon, analysts say
▼ + stars: | 2024-10-07 | by ( Alex Bitter | ) www.businessinsider.com time to read: +3 min

Walmart's logistics business is pressuring Amazon's own, according to Wells Fargo analysts. But Amazon "is no longer the only scaled marketplace in North America," Wells Fargo analysts led by Ken Gawrelski wrote in a research note on Monday. They pointed to Walmart's announcement in August, for instance, that third-party sellers would be able to use Walmart's fulfillment network for orders placed outside of Walmart's website. The analysts cited the pressure from Walmart's fulfillment business as just one of the challenges facing Amazon's income. Amazon's stock slid more than 3% on Monday to about $180.50 after the Wells Fargo analysts published their note.

Persons: Amazon's, Wells, Wells Fargo, —, Ken Gawrelski, Gawrelski Organizations: Walmart, Service, Amazon, Wells, Amazon Web Services Locations: North America, Walmart's

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