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☆ How Amazon revamped its AI-sales machine to compete with OpenAI, Microsoft, and Google
▼ + stars: | 2024-11-29 | by ( Eugene Kim | ) www.businessinsider.com time to read: +11 min

AdvertisementAWS faces competition from OpenAI, Microsoft, and Google in AI, risking its cloud dominance. It offers new financial incentives for AI sales. "This is a great time to partner with our sales teams for this #OneTeam effort," AWS said in an internal memo obtained by Business Insider. Many AWS sales teams have new performance targets tied to AI products. The Find One, Launch One, Ramp One initiative includes AWS sales architects.

Persons: Matt Garman, Einat Weiss, they're, salespeople, Garman, AWS's, Microsoft Satya Nadella, Justin Sullivan, Q, hasn't Organizations: Microsoft, Google, North, Business, AWS, Messaging, Amazon, BI, there's, Amazon Connect Locations: OpenAI, North America

☆ Photos show Black Friday crowds at retailers across the US even as more shoppers move online
▼ + stars: | 2024-11-29 | by ( Talia Lakritz | ) www.businessinsider.com time to read: +1 min

AdvertisementEven as online Black Friday shopping increases, people still formed lines at stores across the US. Crowds descended on stores like Best Buy and shopping centers like the American Dream mall. Target attracted in-person Black Friday shoppers with exclusive in-store Taylor Swift merchandise. Retailers like Target also drew customers to brick-and-mortar locations by releasing exclusive Taylor Swift merchandise in-store on Black Friday before making it available online the following day. Take a look at Black Friday crowds across the US.

Persons: Taylor Swift Organizations: Target, National

☆ Ditch all the negativity: Here's what can go right to lift each of our 34 stocks
▼ + stars: | 2024-11-29 | by ( Paulina Likos | ) www.cnbc.com time to read: +20 min

To counter that, Jim Cramer has said investors should not lose sight of what can go right for their stocks. Smooth chip updates: AMD needs to successfully carry out its annual release cycle for AI chips. That needs to be sustained to justify Meta's heavy spending on AI chips. Nevertheless, correcting this dynamic should translate into faster revenue growth rates. Palo Alto Networks Bigger deals: Cybersecurity is a secular growth market: As the number of bad actors grows, companies can't afford to not invest in defense.

Persons: Jim Cramer, Abbott, Donald Trump, Trump, Joe Biden, Eaton, Eli Lilly, Eli Lilly's GLP, Lilly, Hurricanes Helene, Milton, Elliott Management's, Elliott, Jim, Linde, Morgan Stanley Lower, Morgan, Biden, –, Jensen Huang, Palo, Stanley Black, Brian Niccol's, Wells, Jim Cramer's, Timothy A, Clary Organizations: Abbott, Devices, Microsoft, AMD, Nvidia, Justice Department, Services, Trump, Apple, Apple Intelligence, Federal, Bristol Myers Squibb, Bristol Myers, Broadcom, Constellation Brands, Modelo, Costco, U.S, Netflix, Coterra Energy, LNG, DuPont, GE Healthcare, GE, Hurricanes, Honeywell Business, Honeywell, Linde, Meta, Facebook, Federal Reserve, GOP, Nvidia's, Industry, Palo Alto, Decker, Starbucks, Walt Disney Parks, TJX, Jim Cramer's Charitable Trust, CNBC, Traders, New York Stock Exchange, Getty Locations: U.S, BlackRock, Corona, China, Dover, –, New York City

☆ Is the vibecession about to end?
▼ + stars: | 2024-11-29 | by ( William Edwards | ) www.businessinsider.com time to read: +5 min

Optimism surged post-2016 election, with small businesses planning to hire more employees. Yes, that's a portmanteau of vibes and expansion, and it's the upbeat version of its better-known cousin, the vibecession. Advertisement"Small business owners lean Republican," said Oliver Allen, a senior US economist at Pantheon Macroeconomics, in a November 12 note. Goldman Sachs"After Donald Trump was elected the 45th President in November 2016, the National Federation of Independent Businesses (NFIB) small business optimism index skyrocketed. "We expect an improving small business operating environment will boost the sentiment and spending of SMBs in 2025 and lift the earnings and valuation of stocks with revenues tied to that spending."

Persons: Kyla Scanlon, National Bureau of Economic Research hasn't, there's, Donald Trump's, Oliver Allen, Goldman Sachs, Donald Trump, David Kostin, they're, Daniel Zhao, Louis, Zhao Organizations: National Bureau of Economic Research, Pantheon, National Federation of Independent Businesses, Chief US, Economics, Workers, Glassdoor, Louis Fed Locations: St

☆ As many as one in 10 coders are 'ghost engineers,' Stanford researcher says, lurking online and doing no work
▼ + stars: | 2024-11-28 | by ( Katherine Long | ) www.businessinsider.com time to read: +5 min

His research, which hasn't been peer-reviewed, found that about 9.5% of coders were "ghost engineers.' AdvertisementMeasuring output is difficultDenisov-Blanch calls these workers "ghost engineers," defined as software engineers who are only 10% as productive or less than their median colleague. More remote workers were superstar codersMusk now aims to apply that same ruthless efficiency to the federal government. On one hand, he found that the prevalence of "ghost engineers" among remote workers was more than double that among in-person workers. But he also found that many more of the most effective engineers — employees whose performance was at least five times better than their median colleague — were working remotely.

Persons: hasn't, Yegor, Blanch, Paul Graham, Graham, Elon Musk, nobody's, coders Musk, Musk, — Organizations: Stanford, Business, Software, Twitter, CNN, of Government Locations: Silicon Valley

☆ When to quit working, take Social Security, and focus on yourself: Older Americans share their regrets about navigating retirement.
▼ + stars: | 2024-11-28 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +10 min

Many had regrets about retiring too early, taking Social Security prematurely, and draining savings. Regrets included retiring too early, taking Social Security benefits prematurely, and draining retirement savings too quickly. Kathleen RuddAt 62, she retired from a job paying almost $60,000 a year and opted to take Social Security early. Cashing out Social Security too fastSharon, 77, took Social Security too early, prompting her to unretire to cover expenses. Advertisement"If only someone had just said, do not take Social Security early, do not invest your money this way," Sharon said.

Persons: boomer, they've, Kathleen Rudd, Rudd, wasn't, David John, John, Misty Miller, Miller, it's, Sharon, Cindy Kohli, Kohli, reprioritize Organizations: Social, Social Security, AARP, Security, Social Security Disability Insurance, Veterans Affairs Locations: Colorado, Sacramento, Atlanta, Arizona

☆ Will TikTok be banned? Here are the latest details on the app's legal fight to stay in the US and Trump's options
▼ + stars: | 2024-11-28 | by ( Dan Whateley | ) www.businessinsider.com time to read: +7 min

The US government is on track to force the app out on January 19, the day before Donald Trump takes office. There's a possibility that President Joe Biden could extend that deadline by 90 days, but he hasn't said he will. AdvertisementBut will a TikTok ban actually happen? While there is bipartisan support in Congress for a TikTok ban, support for a ban is fading among the American public. Some members of Congress have raised concerns that TikTok could be used as a CCP propaganda tool.

Persons: Donald Trump, Joe Biden, hasn't, Read, Amanda Perelli, TikTok, Matthew Schettenhelm, Trump, I'm, G.S, Hans, Nathan Posner, Getty Images Trump, ByteDance, John Moolenaar, Shou Chew, Chip Somodevilla Organizations: Business, Appeals, District of Columbia Circuit, DC, Bloomberg Intelligence, DC Circuit, Pew Research, Trump, Department, Congress, Cornell Law School, Washington DC, Anadolu Agency, Getty Images, Rep, Chinese Communist Party, CCP, Foreign Locations: TikTok, Los Angeles, Washington, United States, China, US

☆ Trump faces a far more emboldened Kim Jong Un this time around
▼ + stars: | 2024-11-28 | by ( Tom Porter | ) www.businessinsider.com time to read: +7 min

AdvertisementTrump has boasted about his chemistry with North Korean dictator Kim Jong Un. Donald Trump has long reminisced about the unlikely bromance he formed with North Korean dictator Kim Jong Un while president. His comments suggest that Trump will find Kim a much tougher and more emboldened character to deal with this time around. North Korea's Kim Jong Un and Russia's Vladimir Putin at a military parade in Pyongyang in June. "Kim likely sees in Trump a once-in-a-lifetime opportunity to remake his country's relationship with the US, and thereby the wider world," said Chan.

Persons: Kim Jong Un, Kim, Donald Trump, Kim Jong, Kim hasn't, Trump, Jeremy Chan, Bruce Bennet, Kim overplayed, Bennet, Kim Jae, Vladimir Putin, Putin, Chan, Daniel Salisbury, Russia's Vladimir Putin, GAVRIIL GRIGOROV, —, Ellen Kim Organizations: Trump, North, North Korean, Eurasia Group, Getty, Reuters, RAND Corporation, UN Security Council, South, Centre for Science & Security, King's College, Center for Strategic, International Studies Locations: North Korean, Korean, Pyongyang, North Korea, Russia, Ukraine, China, Asia, Hanoi, Anadolu, South Korea, King's College London, Trump, Korea

☆ 6 charts show why Gen X is so bummed about money right now
▼ + stars: | 2024-11-28 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +5 min

AdvertisementAs many Americans struggle with a high cost of living, Gen X is in a particularly tight spot. Gen X has the highest income of all but also the highest debt. As a Bank of America Institute research note said, Gen X has seen its discretionary spending drop the most of all generations. The analysis attributed that, in part, to Gen Xers trying to sock away more for retirement and investing more. AdvertisementBut as Bank of America notes, Gen X is in the "sandwich" phase of life: Some are juggling supporting adult children and older relatives.

Persons: X, Gen X, Xers —, they're, Xers, Gen Xers, I'm, Wendy Graham, Barbara Lose, Graham, who's, Xer Organizations: Federal Reserve Bank of Philadelphia, Philadelphia Fed, Bank of America Institute, of Labor Statistics, Bank of America, University of Michigan's Locations: Philadelphia, Florida

☆ Assault trial for man accused in wrong-door shooting of Ralph Yarl moves forward
▼ + stars: | 2024-11-27 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Dennis-Romero-Circle-Byline-Template.Jpg | Dennis Romero | ) www.nbcnews.com time to read: +3 min

Prosecution of an 86-year-old white man charged in the wrong-door injury shooting of a Black teenager in Kansas City, Missouri, last year will move forward, a judge indicated Tuesday. Cleo Nagbe, mother of Ralph Yarl, said the teen's family is pleased the case remained on schedule. “The family of Ralph Yarl is grateful that the trial against Andrew Lester is moving forward,” she said in a statement sent to NBC affiliate KSHB of Kansas City, Missouri. After the shooting, Yarl sought help from the residents of neighboring homes, his family's lawyers said, and was eventually hospitalized. If Lester is successfully prosecuted on the assault charge, he faces a maximum sentence of life in prison.

Persons: Andrew Lester, David P, Chamberlain, hasn't, Cleo Nagbe, Ralph Yarl, ”, Ralph, Lester, Yarl, Gwyneth Paltrow, Halle Berry, Chrissy Teigen, Kim Kardashian, Viola Davis, “, he's Organizations: NBC, Street, Northeast 115th Locations: Kansas City , Missouri, Clay, Northeast

☆ The best reading order for Jennifer L. Armentrout's 'Blood and Ash' and 'Flesh and Fire' series
▼ + stars: | 2024-11-27 | by ( Samantha Grindell | ) www.businessinsider.com time to read: +7 min

AdvertisementJennifer L. Armentrout is releasing the sixth "Blood and Ash" book in June 2025. Armentrout's "Blood and Ash" and "Flesh and Fire" series are interconnected, which can confuse readers. As a devoted reader of fantasy and romance books, it's no surprise I binged Jennifer L. Armentrout's New York Times bestselling "Blood and Ash" series. I've since become a huge fan of "Blood and Ash" and its companion series, "Flesh and Fire," which Armentrout has been publishing since 2021. Armentrout also created a prequel series to 'Blood and Ash'Armentrout has published a prequel series to "Blood and Ash" called "Flesh and Fire."

Persons: Jennifer L, it's, Armentrout's, Sarah J, Maas, Armentrout, Solis, Poppy, Hawke, Seraphena, Sera, It's, Ash, you'll Organizations: Armentrout's New York Times, Blue Box Press, Goodreads Locations: Sera

☆ Marc Andreessen is hopping on the Musk bandwagon and slamming manned fighter jets, saying there won't be 'spam in the can' if pilots aren't in the plane
▼ + stars: | 2024-11-27 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +4 min

Andreessen's comments echo that of Elon Musk, who said this week that he thinks crewed fighter jets are inefficient. Elon Musk isn't the only tech executive who thinks drones are way better than fighter jets. Related Video The true cost of America's war machinesAI-controlled jets, Andreessen told Rogan, are "far superior" to fighter jets that need pilots. Advertisement"Crewed fighter jets are an inefficient way to extend the range of missiles or drop bombs. Drones have been game-changing in modern warfare, but military experts say there are still advantages to having manned fighter jets over drones.

Persons: Marc Andreessen, Elon Musk, Andreessen Horowitz, Joe Rogan, Andreessen, Rogan, Musk, Eric Schmidt, Schmidt, Sebastian Thrun, Donald Trump's, Vivek Ramaswamy, Justin Bronk, Mark Gunzinger Organizations: Elon, Andreessen, Business, Stanford University, Ares Industries, of Government, The Wall, Pentagon, Royal United Services Institute, US Air Force, Concepts, Mitchell Institute for Aerospace Studies Locations: Silicon, Russia

☆ 'Moana 2' has a dramatic ending with a big twist. Here's what it means for the future of the franchise.
▼ + stars: | 2024-11-27 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +3 min

It has big implications for the future of the franchise, including a possible "Moana 3." "Moana 2" follows the titular hero on another adventure at sea, and it concludes with a thrilling ending. And, of course, there's the demigod Maui (Dwayne Johnson), who, by the end of the movie, teams up with Moana. Still under the thumb of Nalo, the mid-credit scene teases that Matangi will be helping Nalo as the god sets out to take on Moana. The scene also teases the return of Tamatoa, the enormous singing crab from the first "Moana" movie.

Persons: Nalo, Loto, Moni, Kele, Maui, Dwayne Johnson, It's, Moana, Motufetu, Disney hasn't Organizations: Disney Locations: Motufetu, Moana, Maui

☆ Generative AI's hype has yet to lead to a must-have gadget for the holiday season
▼ + stars: | 2024-11-27 | by ( Jonathan Vanian | In | ) www.cnbc.com time to read: +3 min

Generative artificial intelligence has taken Silicon Valley by storm since the launch of OpenAI's ChatGPT chatbot in November 2022. There was a lot of optimism over the potential of GenAI gadgets at the CES trade show in January, said Paul Gagnon, vice president for analyst firm Circana. Additionally, consumers may find current GenAI devices too expensive, and they may be confused about what the devices can actually do, he said. The reality is that while GenAI has captivated Silicon Valley, it's still "inning zero" in regard to widespread adoption, Bajarin said. Despite Silicon Valley not having a breakout year for GenAI hardware, here are a few GenAI devices early adopters can buy.

Persons: chatbot, Paul Gagnon, Gagnon, we've, — there's, hasn't, Ben Bajarin, Ray, Bajarin, Ryan Reith, Reith, GenAI, Steve Koenig Organizations: Nvidia, CES, Creative, Microsoft, Apple, Intel, Dell, Lenovo, IDC, Consumer Technology Association Locations: Silicon

☆ 'Moana 2'-led Thanksgiving box office could be best in post-pandemic era
▼ + stars: | 2024-11-27 | by ( Sarah Whitten | ) www.cnbc.com time to read: +3 min

The domestic box office is poised for its biggest Thanksgiving haul since the pandemic thanks to a Polynesian princess, a pair of witches and a revenge-fueled gladiator. Disney's "Moana 2" is set to hit theaters Wednesday and generate between $120 million and $150 million in box office receipts in the U.S. and Canada through Sunday. Box office analysts believe the five-day Thanksgiving weekend, which runs from Wednesday to Sunday, should easily clear $200 million in ticket sales and could even become the second- or third-highest Thanksgiving period in cinematic history. After ruling the Thanksgiving box office for years with titles from Pixar and Disney Animation, it's failed to live up to expectations with its recent string of releases. In 2016, "Moana" opened over the Thanksgiving holiday, generating $82.1 million.

Persons: It'll, Universal's, Shawn Robbins, that's, Ralph, Paul Dergarabedian, it's, Coco Organizations: Fandango, Pixar, Disney Animation, Disney, Comcast, CNBC Locations: U.S, Canada, Comscore, NBCUniversal

☆ I use the term 'partner' when speaking about my boyfriend. I didn't expect it to be a controversial label.
▼ + stars: | 2024-11-26 | by ( Stephanie Kaloi | ) www.businessinsider.com time to read: +3 min

AdvertisementAfter my divorce, I fell for a man quickly, and the word "boyfriend" didn't fit. The word 'partner' felt right for usWhen he suggested "partner," I liked how it felt. The word "partner" feels adult and right to me. Reactions to us using 'partner' have been mixedI have found that older couples (typically ages 40 and up) in the US have had the strongest reactions to one of us introducing the other as a partner. in response to using the word "partner," and huffed at when I repeated it instead of swapping the word for something more palatable.

Persons: —, hasn't, couldn't, they've, we've, I've Locations: Europe, France

☆ Many digital health startups are quietly raising down rounds and closing up shop. Here's why.
▼ + stars: | 2024-11-26 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +9 min

Now, VCs say many digital health startups are cutting their valuations to live another day. As of mid-November, PitchBook data shows 327 digital health startups that grabbed funding in 2021 but haven't raised since. Not even the AI boom, which has brought back-to-back fundraises for hot healthcare startups like Abridge, can make up for the discrepancy. "There are more digital health companies that are selling assets, selling people, or whatever they can," said Greg Yap, a partner at Menlo Ventures. AdvertisementVCs told BI they're pushing the next generation of healthcare startups for better discipline in balancing growth with profits.

Persons: haven't, Greg Yap, Doba Parushev, CareFirst, Parushev, Jenny Chang, Rodriguez, Alyssa Jaffee, she's, that's, Ruth, Alison Greenberg, Healthworx's Parushev, Forward's, Rob Price, Axios, LetsGetChecked, Galym, Yap, cofounders Umar Afridi, Sid Viswanathan, VCs Organizations: Healthcare, Business, Menlo Ventures, Healthworx Ventures, Getty, Ruth Health, Carta, Optum Ventures, Lightspeed Ventures Partners, Omada, Walgreens, Walmart Locations: Forward's San Francisco

This spiraled into a diss-track war in April and May, with Cole, Drake, Rick Ross, and Lamar all releasing new songs. Later in the track, Drake references Cole's diss track and apology. Evan Agostini/Invision/APLater in the track, Drake raps that he gave Future his first No. At the end of the track, Lamar samples a 1994 Tupac interview to simulate a conversation between the two rappers. Instead of insulting Drake, Lamar claims that the "Push Ups" rapper's circle has been feeding him lies, leaking information about him, and hoping for his downfall.

Persons: Drake, Kendrick Lamar, Lamar, Lamar dissed Drake, J, Cole, Rick Ross, Hannah Getahun, Joseph Okpako, WireImage Lamar, Jermaine Cole, Big, Wale, Pusha, Meek Millz, Big Sean, Jay, Tyler, Mac Miller, Kunta, Lamar hasn't, Meek, Getty, Tim Mosenfelder, Aubrey, Muhammad Ali, Michael Jackson, Jackson, “, rics,, m., ake Organizations: UMG, Spotify, Future, Metro, Universal Music Group, Wireless, Lamar, Big, Rocky, Rap Locations: Drake's, Lamar, Drake, Diss, Lamar's, Florida

☆ Agility Robotics CEO tells BI how its humanoid robots are getting paid — and warns against empowering them with AI
▼ + stars: | 2024-11-26 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +7 min

AdvertisementAgility Robotics CEO Peggy Johnson says humanoid robots are filling some labor gaps. AdvertisementDigit is Agility Robotics' mobile manipulation humanoid robot. It competes with the likes of Apptronik, which is working with NASA on humanoid robots, and Boston Dynamics, which has created humanoid robots called Atlas that it says can run and jump over obstacles, as well as perform factory worker tasks. Agility Robotics' humanoid robots are currently only permitted to work inside a specific, cordoned-off space separate from human workers. Agility Robotics takes a similarly cautious approach to its application of artificial intelligence, which is deep in the hype stage.

Persons: Peggy Johnson, it'll, Johnson, GXO, Ford, —, Optimus, ChatGPT, doesn't Organizations: Robotics, pharma, Silicon, Agility Robotics, Business, Deloitte, Bureau of Labor Statistics, Digit, GXO Logistics, Mobile, Ford Amazon, Agility, NASA, Boston Dynamics, Gallup, Microsoft, Qualcomm Locations: Lisbon, Portugal

☆ Agility Robotics CEO tells BI how its humanoid robots are entering the workforce — and getting paid for it
▼ + stars: | 2024-11-26 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +7 min

Agility Robotics is hoping to deploy them across industries like grocery, automotive, and pharma. AdvertisementDigit is Agility Robotics' mobile manipulation humanoid robot. It competes with the likes of Apptronik, which is working with NASA on humanoid robots, and Boston Dynamics, which has created humanoid robots called Atlas that it says can run and jump over obstacles, as well as perform factory-worker tasks. Agility Robotics' humanoid robots are permitted to work only inside a specific, cordoned-off space separate from human workers. Agility Robotics takes a similarly cautious approach to its application of artificial intelligence, which is deep in the hype stage.

Persons: Peggy Johnson, it'd, Johnson, GXO, Ford, —, ChatGPT, doesn't Organizations: Robotics, pharma, Silicon, Agility Robotics, Deloitte, Bureau of Labor Statistics, Digit, GXO Logistics, Mobile, Ford Amazon, Agility, NASA, Boston Dynamics, Gallup, Microsoft, Qualcomm Locations: Lisbon

Learn moreThis year's Black Friday sales are shaping up to be particularly noteworthy, and Skims' sale is no exception: for the first time ever the brand is offering a sitewide sale. There's never been a better time to shop Skims than right now when the brand's Black Friday deals are live. We're adding a snug bodysuit and cozy onesie to our carts, but you can find more of the best Black Friday deals on Skims below. View at SkimsBlack Friday Skims FAQsWhen does the Skims Black Friday sale start and end? Black Friday 2024 is the best time to shop at Skims since the brand is offering its first-ever sitewide sale.

Persons: Kim Kardashian, Skims, There's, ”, Olivia Rose Rushing, “, Conz Preti, Celia Fernandez, It’s, There’s Organizations: Business, Skims Locations: Skims

☆ Lauren Boebert took down her shortlived Cameo account that offered videos for $250
▼ + stars: | 2024-11-26 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +3 min

AdvertisementRep. Lauren Boebert joined Cameo on Saturday, offering personalized videos for $250 and up. Rep. Lauren Boebert has taken down her Cameo account just days after creating it. The firebrand Colorado conservative joined the online platform on Saturday, offering personalized videos for a starting fee of $250. However, by becoming the first Congress member to join the platform while holding office, Boebert may have broken House ethics rules. AdvertisementThe rules state that House members are not allowed to receive any payment of money or a thing of value for an appearance, speech, or article.

Persons: Lauren Boebert, Cameo, Marjorie Taylor Greene, Boebert, Matt Gaetz, Donald Trump, George Santos, Aaron Scherb, Scherb, didn't Organizations: Republican, firebrand Colorado, Former, Colorado Politics, Congressional District, Congressional Locations: Florida, George Santos of New York, Colorado's

Macy’s on Monday said an employee responsible for managing accounting for small package deliveries concealed up to $154 million in expenses over the course of nearly three years. Macy's said it discovered the issue while preparing its financial report for the three-month period ending Nov. 2. The company said the employee, who was responsible for the accounting of small package delivery expenses, "intentionally made erroneous accounting accrual entries" to hide about $132 million to $154 million from the fourth quarter of 2021 through the most recently completed quarter. The independent investigation hasn't identified any other Macy's employee, the company said. The move will leave 350 Macy’s locations, as well as Bloomingdale’s and Bluemercury beauty and skin care stores, which the company said have been “outperformers” within the Macy’s portfolio.

Persons: Macy’s, didn't, Macy's, Tony Spring Organizations: Inc

☆ Bitcoin's march to $100,000 stalls. Here's what's keeping it below the milestone
▼ + stars: | 2024-11-25 | by ( Ryan Browne | ) www.cnbc.com time to read: +5 min

Bitcoin hit a new record high last week, with prices climbing above $99,000 for the first time. CNBC asked analysts for their take on why bitcoin has so far failed to breach the widely-watched $100,000 mark. "There's a ton of leverage in the system right now," Novogratz, a longtime crypto investor, told CNBC's "Squawk Box" on Friday. Novogratz added that he's advocating investors buy "straight bitcoin" rather than bitcoin-exposed plays, such as MicroStrategy which owns a huge, multi-billion-dollar pile of bitcoin in its corporate treasury reserves. Deutsche Bank's Laboure said she thinks the idea of a U.S. national bitcoin is still far off, practically speaking.

Persons: Fernando Gutierrez, Donald Trump, Trump's, hasn't, bitcoin, Andre Dragosch, Bitwise, Bitcoin, Dragosch, Novogratz, CNBC's, David Morrison, Morrison, Marion Laboure, Trump, Gary Gensler —, Deutsche Bank's Laboure, Laboure Organizations: Getty, CNBC, Galaxy Digital, Trade, Deutsche Bank, bitcoin, Trump, Securities, Exchange, Deutsche Locations: Juarez, Europe, U.S

☆ Marc Benioff thinks we've reached the 'upper limits' of LLMs — the future, he says, is AI agents
▼ + stars: | 2024-11-25 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +3 min

AdvertisementTech titan Marc Benioff says we're near the "upper limits" of LLM use in AI advancement. In a podcast, the Salesforce CEO said the future of AI lies in agents that work autonomously. Maybe we'll be there one day," Benioff said, referencing the 1984 film about a cyborg assassin. "I actually think we're hitting the upper limits of the LLMs right now," Benioff said. Salesforce offers prebuilt and customizable AI agents for clients seeking to automate customer service tasks.

Persons: Marc Benioff, Benioff, —, Jensen Huang, we'll, Arnold Schwarzenegger, Matthew Broderick, Salesforce Organizations: Bloomberg, Nvidia, Business Locations: LLMs

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