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Opinion | The Tech Bro Style in American Politics
  + stars: | 2024-09-26 | by ( Paul Krugman | ) www.nytimes.com   time to read: +1 min
It seems hard to believe now, but in 2021, Time named Elon Musk its Person of the Year. Musk’s right-wing turn isn’t universal or even typical: Reporting suggests that even with the rightward turn of several boldface names, Silicon Valley remains heavily Democratic. But right-wing tech bros are exerting a significant and, I’d argue, malign influence on the political landscape. Consider the case of JD Vance, the junior senator from Ohio and Donald Trump’s running mate. He’s a remarkable campaigner — remarkable, that is, in the sense that he seems incredibly bad at it.
Persons: Elon, Musk, I’d, JD Vance, Donald Trump’s, Vance, , rollouts Organizations: Time, SpaceX, Twitter Locations: Silicon, Ohio
For long term investors we continue to believe they have the best enterprise AI platform and retain our 18-month $500 price target." Truist initiates First Solar as buy Truist said the solar company has a wide moat. " Deutsche Bank reiterates Tesla as buy The firm said it's sticking with its buy rating heading into the company's delivery report in October. UBS reiterates Micron as buy UBS said it's sticking with the stock following earnings on Wednesday. "We are taking the opportunity to reaffirm our positive view on DKNG and up our year-end 2025 price target to $54."
Persons: Goldman Sachs, Goldman, Morgan Stanley downgrades, Morgan Stanley, Oppenheimer, Truist, Tesla, Jefferies downgrades Hershey, Jefferies, it's, Orion, Bernstein, NYCB, Morgan Stanley downgrades Sonos, there's, JPMorgan, Ralph Lauren Organizations: UBS, GE Healthcare, Entertainment, Tencent, Microsoft, Inc, Deutsche Bank, Hershey, Susquehanna, Nvidia, NVIDIA, Nike, Deutsche, Apple, Barclays, Community Bank, Micron, MU, " Bank of America, Meta, Bank of America, SONO, UW, GE Vernova, GE, RL Locations: China
BI broke down the pros, cons, and frequently asked questions about basic income. Universal basic income and guaranteed basic income could fill gaps in the existing US social safety net, experts said. A benefit of basic income is the element of choice, according to Shafeka Hashash, associate director of guaranteed income at the Economic Security Project. Private donors often fully or partially fund basic income programs, lessening the cost burden on local governments. US states with active basic income programs include California, Illinois, Colorado, New York, Georgia, Louisiana, and more.
Persons: , Melvin Carter, Paul, Shafeka Hashash, Hashash, It's, John Gillette, Oscar Wong, UBI, Andrew Yang, Howlette, hasn't, Michael Tubbs, Allan Baxter, What's, Sam Altman, Elon Musk Organizations: Service, Business, St, SDI, SNAP, Economic Security, Arizona, Rep, American, Orleans Mayor's, Youth, University of British Columbia, Alaska Permanent Fund, Tech Locations: Valley, America, Los Angeles and Illinois, Texas, Missouri, Arizona , Iowa, South Dakota, Orleans, Denver, Atlanta, Alaska, California , Illinois, Colorado , New York , Georgia, Louisiana, Canada, Brazil, China, Germany, India, Iran, Ireland, California, New Mexico, Oregon
My fallback question was always the same with teens I didn't know well: "So…what are you going to do after high school?" AdvertisementEvery teen is differentAs an eldest daughter, I knew what I'd do after high school well before I graduated. Related storiesSo when my kids got to high school, I had to chill out. I had one kid who knew he was headed to college, even if he didn't know where until right before high school graduation. AdvertisementSomeday, I'll look back and know the answer to what my teens will do in the years after high school.
Persons: I've, I, hadn't, She's, I'm, she's Organizations: Service
A leaked internal guidebook from MrBeast is being passed around the tech world. Tech workers and investors are digging into the YouTuber's views on hiring, managing, and more. Related storiesA hardcore founder who writes like a real personMrBeast's guidebook is the latest "hardcore" corporate document to go viral in the tech world. "Leaked internal emails and memos are religious texts for the tech world," Alder said. Donaldson's casual, unpretentious writing style was a big factor in helping it spread across the tech world, industry insiders told BI.
Persons: , He's, Jimmy Donaldson, Donaldson, Brian Chesky, Combinator's Paul Graham, Tom Alder, Alder, Jeff Bezos, ByteDance, Donaldson isn't, it's, John McCarus, Steve Jobs, MrBeast, Rachel Roberts Mattox, Mattox, Marc Cohen, Abhishek Sharma Organizations: Tech, Service, Hacker, Big Tech, YouTube, Unbundled, Google Locations: Silicon Valley
Read previewThe Israeli Air Force is pounding the enormous missile arsenal Hezbollah built up over the past 18 years since its last full-fledged war with Israel. The air war is attempting to destroy Hezbollah's long-range missile arsenal, their most threatening weapons for Israelis which Iran provided as a last-resort threat to safeguard its nuclear program. That is one reason it proved reluctant to risk an all-out war between Hezbollah and Israel. Still, it's possible that the destruction of its Hezbollah missile deterrent will convince Iranian officials to build nuclear weapons faster as the ultimate deterrent. Advertisement"Many in Iran and the Iranian establishment now believe that Iran has no choice but to pursue nuclear weapons," Azizi said.
Persons: , Freddy Khoueiry, RANE, Khoueiry, Israel, Kyle Orton, Hassan Nasrallah, MAHMOUD ZAYYAT, Orton, Arash Azizi, Ismail Haniyeh, Azizi Organizations: Service, Israeli Air Force, Business, Operation Northern Arrows, Hezbollah, Islamic Revolutionary Guard Corps, Israel, Getty, Fajr, Clemson University, Iran's, United Nations Locations: Israel, Iran, Lebanon, East, North Africa, South Lebanon, Lebanese, Beirut, Tel Aviv, Israel's, South, AFP, Syria, Tehran
Finally, and most importantly, for the subject for this week's podcast, he's the Esports World Cup CEO. So if I would have any idea, any understanding on video games, right, I would watch that too. There's always a clear qualifying way to go to the Esports World Cup, right? I mean, in stadiums, security is being paid by the state for big competition, like a World Cup, right? Arjun KharpalAnd Ralf are you likely to keep the Esports World Cup in Saudi if you renew this next year?
Persons: Ralf Reichert, CNBC's, Tom Chitty, Reichert, Paris, Ralf Reichart, you've, it's, Arjun Kharpal Ralf, I've, I'd, There's, Arjun Kharpal, we're, haven't, Ralf Reichart It's, what's, Tom Chitty Ralf, What's, I'm, esports, we've, We've, Ralf, Ralf Reichart I'd, that's, Arjun, Tom, we'll Organizations: Sports League Gaming, MLS, Premier League, esports, Saudi Locations: esports, Riyadh, Saudi, German, Gothenburg, Sweden, Bangladesh, China, East, Africa, Saudi Arabia
We also ordered oeufs en meurette, a delectable (to us) dish of two eggs poached in a red wine, shallot and bacon sauce. Surely, tasting and being up close with dozens of the world’s best-prepared eggs could make our stubborn son fall in love with oeufs! Ollie seemed to get over his egg skepticism once he was allowed to peek behind the scenes. This was the first egg dish that Ollie had ever enjoyed. Ollie chewed and chewed the sandwich with the serious skepticism of a judge in a cooking competition.
Persons: we’d, oeufs, Mars, Ollie, , I’m, Linda, Linda Khazri, Édouard Vermynck, Geoffroy Langella, Geoffroy, oeufs mayo Locations: France, La
In September 2023, NYC Mayor Eric Adams gave hip-hop mogul Sean "Diddy" Combs a key to the city. Both Adams and Combs were charged with crimes in September 2024. Go to newsletter preferences Thanks for signing up! AdvertisementAbout a year ago, New York Mayor Eric Adams gave Sean Combs, the music mogul known as Diddy, a key to the city. During a ceremony in Times Square, Adams handed Diddy the key, a symbol of recognition for New Yorkers who have achieved remarkable success.
Persons: Eric Adams, Sean, Diddy, Combs, Adams, they're, , Sean Combs Organizations: Service, New, Catholic, Business Locations: New York, Harlem, Bronx
OpenAI is said to be closing a funding round that could value the company at as much as $150 billion. "Kushner is betting the ranch on OpenAI and Sam Altman just as Masa Son pledged 40% of his Vision Fund on Yahoo and Jerry Yang. "Second, Sam Altman has proven himself to be one of the greatest tech founders of this generation. Sam Altman has said that AI superintelligence could be a reality within "a few thousand days ." "Everybody wants Sam Altman at the helm, and they're willing to do anything to keep him as the CEO.
Persons: OpenAI, , Sam Altman, ChatGPT, Mira Murati, Bob McGrew, Barret Zoph, Murati's, John Schulman's, Joe Aaron, Aaron, Capital's Josh Kushner, Kushner, Masa Son, Jerry Yang, Jerry Yang wasn't, Jai Das, Goldman Sachs, who's, Altman, they've, Ben Narasin, They're Organizations: Service, Research, Post, Reuters, Nvidia, Apple, Fund, Yahoo, Sapphire Ventures, Venture Locations: Silicon, UAE, OpenAI
Transgender influencer Dylan Mulvaney, who documented her transition in her viral "Days of Girlhood" TikTok series, announced her debut book Wednesday. “Paper Doll” will be released March 11. Last year, Mulvaney shot to national attention after a partnership promoting Bud Light's March Madness contest became a culture war flashpoint. “For months now, I’ve been scared to leave my house, I have been ridiculed in public, I’ve been followed, and I have felt a loneliness that I wouldn’t wish on anyone,” Mulvaney said at the time. Mulvaney has since released her debut single, “Days of Girlhood,” along with a music video.
Persons: influencer Dylan Mulvaney, , , ” Mulvaney, Mulvaney, Bud Light's, Rock, Bud Light, I’ve, shouldn’t Organizations: Pride, Transgender Law Center Locations: American,
Pop star Chappell Roan revealed in a TikTok video Wednesday that she’s voting for Vice President Kamala Harris in November, though she stopped short of endorsing the Democratic presidential candidate. The singer-songwriter’s announcement followed an intense and dayslong online backlash from her liberal fanbase. Others called her a “closet Republican.”In response to the backlash, Roan released a TikTok video Tuesday saying she was not voting for former President Donald Trump, though that message did little to quell the fan fury. Visibly frustrated with her critics, Roan on Wednesday tried to clear the air for good on where she stands on the 2024 election. “Team PopFlop is sincerely apologising for the post regarding Chappell Roan’s issues with endorsement,” the account, which has over 36,000 followers, said.
Persons: Chappell Roan, Kamala Harris, Roan, , Donald Trump, “ I’m, you’re, ” Roan, Kamala, , Harris, Roan’s, Brian Hughes, Trump, , I’ll, PopFlop, Chappell Organizations: Democratic, Guardian, Republican, Governors Ball Music, White, , NBC Locations: Gaza, Israel, Pennsylvania , Wisconsin, Georgia, New York City
Li-Chen Miller, the vice president of product in charge of Ray-Ban Meta glasses, told CNBC that when she travels, she uses the glasses to take photos of her hotel room door, and later, she asks Meta AI to recall the number. AI that speaksZuckerberg also introduced improvements to its Meta AI chatbot that will allow people to interact with it using their voice instead of written text. Users will now be able to have natural voice conversations with Meta AI, which is accessed through Meta apps like Messenger and Instagram. Users will be able to perform actions using their voice, such as telling Meta AI to take a photo by talking to their smartphone. The new Siri-like Meta AI voice feature will be available over the next month for U.S., Canadian, Australian and New Zealand users of WhatsApp, Instagram, Facebook and Messenger.
Persons: Meta, “ I’ve, ” Zuckerberg, Mark Zuckerberg, Apple hasn’t, Zuckerberg, won’t, EssilorLuxottica, Ban, Ray, Chen Miller, Judi Dench, John Cena, Keegan, Michael Key, Kristen Bell, Siri, OpenAI, ChatGPT Organizations: Labs, Meta, Apple, VR, Amazon Music, Amazon, Quest Pro, Orion, Facebook, CNBC, IDC Locations: Menlo Park , California, Oculus, New Zealand
In today's big story, the economy is heading in the right direction, but consumers aren't buying it . Things seem to be going really well for the economy, right? Consumers aren't feeling bullish about the economy these days. Last time around, pesky inflation was keeping things like groceries and housing costs high, even as the rest of the economy showed improvement. China's stimulus plan to boost its ailing economy sent emerging markets indexes to their highest level since April 2022 .
Persons: , Rebecca Zisser, We've, Insider's Juliana Kaplan, Spencer Platt, Getty, Tyler Le, We'll, Morgan, Mike Wilson, Steven Blitz, China's, aren't, Chelsea Jia Feng, weren't, Natalie Ammari, that's, Ron Sherman, Gen, Mark Zuckerberg, Dan DeFrancesco, Jack Sommers, Jordan Parker Erb, Amanda Yen Organizations: Service, Business, Federal Reserve, Conference Board, Fed, Chelsea, Spotify, Visa, US Justice Department, Prosecutors, Meta Locations: Austin , Texas, New York, London
But Diddy's empire began to crumble when Ventura sued Combs last year, accusing him of rape and abuse. Last week, Combs was arrested and indicted on racketeering and sex trafficking charges by federal prosecutors in Manhattan. AdvertisementSean "Diddy" Combs depicted in a courtroom sketch from September 17, 2024. Jane Rosenberg/ReutersAs discussions and theories have swirled around Combs' felony counts, his famous friends, colleagues, and labelmates have also become sources of speculation. However, according to Evan Nierman, CEO of the crisis PR firm Red Banyan , that silence is almost certainly strategic.
Persons: , Sean, Diddy, Combs, Jennifer Lopez, Cassie Ventura, Jay, Naomi Campbell, Justin Bieber, Mary J, Blige, John Legend, Mark Wahlberg, Prince Harry, Ventura, Jane Rosenberg, There's, Damian Williams, Ricky Vigil, Justin E Palmer, Evan Nierman, Nierman, Sean Combs, they'd, disavow Combs, Chris Brown, Jeff Kravitz, Eric Schiffer, he'd, Schiffer, " Schiffer, Usher, WireImage Usher, Streisand Organizations: Service, Metropolitan Detention Center, Hollywood, Business, Prosecutors, Diddy, Management, Ventura Locations: New York's, Manhattan, Combs, publicists
Vox Media has also doubled down on investing in podcasting and is helping its podcast creators expand into live events. Jackie Cinguina, chief marketing officer, and Lillian Xu, executive director, spoke with BI about the company's offerings for podcast creators. Vox Media leans on specific marketing, like placing podcast talent into larger in-person events to perform, like South by Southwest. "From an audience standpoint, we thought it was really important," Xu said about bringing back live events. You see them react to the audience and feed off of them when they are in front of a live audience."
Persons: , Cary, Michael Huang, Cary Huang, Huang, Tana Mongeau, Brooke Schofield, Jake Shane, Ethan, Hila Klein, Mongeau, Schofield, Hugo Amsellem, it's, Jenna Bandy, Bree Green, Carson Roney, Alex Sheinman, Claire Parker, Ashley Hamilton, Parker, Hamilton, cohost Claire, Dan Howell, Phil Lester, Howell, Lester, Ariana Nathani, Jackie Cinguina, Lillian Xu, Cinguina, Vox, Xu, they're, Delia Cai, Hunter Harris, Emilia Petrarca, Sophia Efthimiatou, Efthimiatou Organizations: Service, Saban Media Center, Disney, Nickelodeon, YouTube, Business, Dolby Theatre, Snapback Agency, Snapback, of, Creators, Netflix, Vox, Vox Media, BI, Southwest, IRL Locations: Hollywood, LA, America, of America, York, Hamilton, South
Opinion | Silicon Valley’s MAGA Moment
  + stars: | 2024-09-25 | by ( Chris Hughes | ) www.nytimes.com   time to read: +1 min
I co-founded Facebook in college 20 years ago, but I left California and start-up culture behind long ago for public policy and economics. As we sat over scrambled eggs, chicken sausage and whole-wheat toast, I was struck by how many of the wealthiest and most powerful figures in Silicon Valley — including some I knew — were now loudly backing Mr. Trump. Mr. Trump claims that Mark Zuckerberg called him to say that he wouldn’t support a Democrat in November, although Mr. Zuckerberg’s spokesperson denied the claim. It would be easy to write off tech’s rightward drift as nothing more than the rich acting in their economic self-interest, but Silicon Valley has always been driven by profit, and it hasn’t tilted Republican since the 1980s. Even now, it remains largely Democratic, even though even some of Kamala Harris’s strongest Valley supporters worry about how she might approach tech policy.
Persons: Donald Trump, Trump, , Marc Andreessen, Ben Horowitz, Elon Musk, Mark Zuckerberg, Zuckerberg’s, Kamala Harris’s Organizations: Facebook Locations: Flatiron, Manhattan, California, Silicon Valley
Winners in each category are based on votes from Aldi shoppers in the US — this year, the chain collected 37,000 responses. Kristina LopezIn the "Feel Good Pick" category, shoppers voted for their favorite "balanced swap." Many shoppers want Huntington Home Swedish dishcloths back on shelvesIn the new "Encore" category, shoppers voted for which limited-edition Aldi item they'd like to see return to shelves. Shoppers gave the crown to Specially Selected Napa Valley cabernet sauvignonFor years, Aldi has been famous for its budget-friendly wine selection. This year, the title of best Specially Selected wine went to the Napa Valley cabernet sauvignon that usually retails for about $15.
Persons: , Brian Custer, Anthony St, Clair, It's, Angus, Angus ribeye, Kristina Lopez, Caesar, might've Organizations: Service, Aldi, Business, Shoppers, Voters, The, Mama, of Fame, Aldi Aldi, Huntington, Huntington Home Locations: New York, Gouda, The Netherlands, Aldi's, romaine, Asiago, Atlantic, Napa, sauvignon
AdvertisementNow, he said, it's changing fast, driven by Lithuania's burgeoning tech startup scene. Tech Zity, an ambitious project a short walk from Cyber City, could help to turbocharge Lithuania's tech scene. Tech Zity is set to become Europe's biggest tech campus. Like Cyber City, Tech Zity is being developed on the site of a Soviet-era factory. Tech Zity, on the site of a Soviet-era sewing factory, is under construction, and it is set to become Europe's biggest tech campus.
Persons: , Joshua Nelken, Marijus, Vinted, Briedis, that's, Valdas Benkuskas, it's, Kipras Krasauskas, Krasauskas, gesturing Organizations: Service, Vilnius Old Town, Business, Cyber, Nord Security, Nord Security's, Security's, Soviet Union, Vilnius, BI, Tech, Kilo Health Locations: Vilnius Old, Soviet, Lithuania, Vilnius, Silicon Valley, Baltics, Central, Eastern Europe, Lithuanian, Berlin, London, Amsterdam, Cyber, Cyber City, European, City, Soviet Union
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. After graduation I was hired by McKinsey & Company, a management consulting firm, where I was a business analyst. I traveled the globe as an exec, but returned home for the Renaissance fair every yearI first went to a Renaissance faire on a middle school field trip. Courtesy of George ApplingFrom 2015 to 2018 I had a foot in both worlds: running the faire while also launching a tech company. But the most important thing to me is the joy that the faire and its summer camp bring to people.
Persons: , George Appling, I'd, Sherwood, I've Organizations: Service, Texas, Business, McKinsey & Company, Harvard, Texas Renaissance, Mobile World Locations: Texas, Australia, England, Russia, Sherwood, Austin, Barcelona
Read previewNvidia CEO Jensen Huang was one of several big names to try out Meta's new "Orion" prototype glasses at Meta's Connect event on Wednesday — and he appeared to be a fan. The Nvidia CEO, who was one of the testers, referred to the glasses' 100-gram weight as "a big deal" and complimented various aspects of the technology. AdvertisementThe "Orion" glasses are the first prototype of full holographic augmented reality, and Zuckerberg referred to them as the "most advanced glasses the world has ever seen." The Meta CEO named several of the challenges with building the glasses, like the need for a wide field of view while keeping them light. The Meta CEO has bragged about stockpiling GPUs to build a "massive amount of infrastructure" to further the company's AI efforts.
Persons: , Jensen Huang, Mark Zuckerberg, Huang, Zuckerberg, it's Organizations: Service, Business, Nvidia, Meta
Best Friends Forever Fest 2024 festival scheduleThe Best Friends Forever Fest 2024 takes place on Friday, October 11, Saturday, October 12, and Sunday, October 13, in Downtown Las Vegas. How to buy tickets for Best Friends Forever Fest 2024You can buy original 2024 Best Friends Forever Fest tickets directly through the festival's website. The prices for original 2024 Best Friends Forever Fest tickets vary depending on ticket type. The prices for 3-Day Best Friends Forever Fest resale tickets begin at $257 on Vivid Seats and $202 on StubHub. The 2024 Best Friends Forever Fest has an incredibly exciting lineup for emo and indie rock music fans.
Persons: we've, Algernon Cadwallader, Braid, Mary, Rainer Maria, Piebald Organizations: Business, Fest, Downtown, Cap'n Jazz, Sunday, Vivid, concertgoers, PLUS, Jazz, American Football, City Devils, Drug Locations: Las Vegas, Downtown Las Vegas, wristbands, Indian, Unwound
New York CNN —OpenAI Chief Technology Officer Mira Murati — who has been instrumental in the development of ChatGPT and the artificial intelligence image generator Dall-E — said Wednesday she is leaving the company. “My six-and-a-half years with the OpenAI team have been an extraordinary privilege,” Murati said in a note to the OpenAI team, which she posted to X. Fellow OpenAI co-founder John Schulman exited in August to join rival Anthropic. Murati joined OpenAI’s leadership team in 2018 after working at augmented reality company Ultraleap (then called Leap Motion) and Tesla. During the debacle, Murati joined more than 500 fellow OpenAI employees in threatening to quit if Altman was not brought back to the company.
Persons: Mira Murati —, , , ” Murati, “ There’s, shakeup, OpenAI, Ilya Sutskever, John Schulman, Greg Brockman, Murati, Sam Altman, Altman, Mira, , ” Altman Organizations: New, New York CNN, OpenAI, Bloomberg, OpenAI’s, Tesla, o1 Locations: New York, Silicon Valley
The chunky black frames, demonstrated by CEO Mark Zuckerberg, are still in development with no timeline on launch. However, the Orion shades represent a first look at the company's holographic AR glasses ambitions. They represent the convergence of the company's Quest line of headsets and its Ray-Ban Meta Smart Glasses, which Jim Cramer has been praising for months and months now. During his Connect keynote Wednesday, Zuckerberg shared a montage of user experiences with the Orion glasses, showing first impressions from notable celebrities. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
Persons: , Mark Zuckerberg, Jim Cramer, Zuckerberg, Orion, Jensen Huang, Huang, it's, Jim Cramer's, Jim, Manuel Orbegozo Organizations: Meta, Orion, Nvidia, Apple, CNBC Locations: Menlo Park , California, U.S
In addition to the Quest 3S, Meta on Wednesday also showcased its latest prototype of augmented-reality smart glasses and announced a flurry of new features for its Meta AI chatbot. What it doesMetaA Meta representative said the "S" in Quest 3S stands for "start" — as in getting started with VR. Orion is Meta's first "fully-functioning" prototype AR glasses, Zuckerberg said, and the device is tethered wirelessly to a small "puck." The Orion glasses are an improvement on Project Nazare, prototype smart glasses that Zuckerberg announced in 2021, when the company changed its name from Facebook. As part of Wednesday's event, Meta announced new Meta AI features for its Ray-Ban smart glasses.
Persons: Mark Zuckerberg, David Paul Morris, Meta, Apple hasn't, Zuckerberg, Meta's, Cristiano Amon, Nurphoto, EssilorLuxottica, Ban, Ray, Chen Miller, Judi Dench, John Cena, Keegan, Michael Key, Kristen Bell, Siri, OpenAI, ChatGPT Organizations: Meta, Inc, Chase Center, Bloomberg, Getty, Labs, Apple, VR, Amazon Music, Amazon, Quest Pro, Orion, Facebook, Qualcomm, Samsung, Google, Nurphoto, CNBC, IDC, Wednesday Locations: San Francisco , California, Menlo Park , California, Oculus, New Zealand
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