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☆ Goldman recommends buying call options in these two tech titans before their earnings reports
▼ + stars: | 2023-04-13 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

Goldman Sachs recommends clients buy call options on Apple and Microsoft ahead of each company's earnings reports in two weeks. For Apple, Goldman thinks the mobile app spending portion of the company will beat Wall Street expectations and service revenue will become the main force behind earnings growth. "While app spending growth has slowed, as we lap recent benefits from consumer stimulus and engagement benefits due to the pandemic he expects app spending to resume mid-teens growth in F2024." AAPL YTD mountain Apple could beat expectations in mobile app spending and boost shares as investors look toward earnings, according to Goldman Sachs. "AI-related 12 April 2023 3 Goldman Sachs Weekly Options Watch workloads can also provide a boost to Azure over time.

☆ I got addicted to an app that helped me turn my most ambitious goals into daily routines
▼ + stars: | 2023-04-11 | by ( Shubham Agarwal | ) www.businessinsider.com time to read: +12 min

Once I complete the task, I mark it on a calendar in the app and a colorful streak grows. Each time I logged a successful session on Everyday and the habit's streak grew, it felt like a microwin. Streaks reward repetition, Lindemans explained, but the reason they're so motivating is not the sense of accomplishment they imbue. After all, I was being motivated by the app instead of by my desire to meet my goals. The apps helped me focus on the action itself instead of on setting up my own structure for carrying them out.

☆ A tiny home maker is putting its unique mirrored units on wheels — see inside the mobile ADUs
▼ + stars: | 2023-04-11 | by ( Brittany Chang | ) www.businessinsider.com time to read: 1 min

But it recently launched a chassis with wheels that can be attached to these mirrored homes. This simple chassis speeds up some permitting requirements and therefore, the time it takes to deploy one of the homes, the company says. ÖÖDSource: Insider

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☆ Bill Gates says pausing the development of AI systems will not 'solve' challenges ahead, days after Musk and others cautioned about 'risks to society' from the tech
▼ + stars: | 2023-04-05 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

Bill Gates said he didn't think a halt on advanced AI development for six months is practical. His comments came a week after an open letter called for a six-month pause on advanced AI development. Gates, however, isn't the only high-profile voice cautioning about pausing AI development. Last week, billionaire investor Bill Ackman warned that shutting down AI development for six months would allow bad actors six more months to catch up to current technology. Bill Gates did not immediately respond to Insider's request for comment sent via the Bill & Melinda Gates Foundation outside regular business hours.

☆ Cash App creator and former Square CTO Bob Lee has died after a reported stabbing in San Francisco
▼ + stars: | 2023-04-05 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

Bob Lee died after a stabbing on Tuesday morning, NBC Bay Area reports. He created Cash App while working as Square's CTO, before moving on to MobileCoin. "Bob was a force of nature," said MobileCoin CEO Joshua Goldbard. It was there that he created Cash App, the mobile payment app which rivals Venmo. "Bob was a force of nature," MobileCoin CEO Joshua Goldbard told Insider.

☆ Stocks making the biggest moves midday: Bed Bath & Beyond, EVgo, UBS and more
▼ + stars: | 2023-03-30 | by ( Alex Harring | ) www.cnbc.com time to read: +4 min

A Bed Bath & Beyond store in the Brooklyn borough of New York, US, on Monday, Feb. 6, 2023. Bed Bath & Beyond Inc. said it would shutter another 87 stores in addition to the 150 closures it announced in August. Juniper Networks — The cloud computing network provider added 1.3% on the back of an upgrade to outperform from in line by Evercore ISI. Crocs — Shares rose 3% after B. Riley initiated coverage of the stock as a buy, saying the shoe company is underappreciated. Interpublic Group of Companies — The advertising agency gained 3% following an upgrade to buy from neutral by Bank of America.

☆ Prince Harry back in UK court for battle with Daily Mail publisher
▼ + stars: | 2023-03-30 | by ( Michael Holden | ) www.reuters.com time to read: +3 min

LONDON, March 30 (Reuters) - Britain's Prince Harry returned to the High Court in London on Thursday where his lawyer was fighting an attempt by a newspaper publisher to throw out his and other high-profile figures' lawsuit which alleged widespread unlawful acts by journalists. Harry, the singer Elton John and five other high-profile people are suing publisher Associated Newspapers, alleging they were the victims of phone-hacking and other serious privacy breaches by journalists from the Daily Mail and Mail on Sunday or private investigators working on their behalf. The publisher's lawyer Adrian Beltrami told the court on Wednesday the claims were rejected "in their entirety". The judge, Matthew Nicklin, is not expected to rule for some weeks on whether the case should proceed to trial. During an exchange with Sherborne, he suggested that if it did, it would be a "massive trial" which would last a "substantial period of time".

☆ Want in on the AI boom? These 8 high-quality stocks are already ahead of the pack
▼ + stars: | 2023-03-30 | by ( Paulina Likos | ) www.cnbc.com time to read: +13 min

AI-powered technology companies Microsoft Microsoft arguably pushed AI into the mainstream with its unexpected release of its new AI-powered search engine Bing. During its annual conference for developers earlier this month, Nvidia demonstrated the fundamental importance of its role in facilitating the usage AI applications. Also unveiled were four new chips designed specifically for inferencing , which are optimized for various new generative AI applications. To facilitate these operations, AMD provides machine learning and deep learning systems which offer higher-performance computing capabilities to accelerate AI applications. Qualcomm Qualcomm (QCOM) is focused on making AI technology on-device processing more efficient across different industries and products.

☆ 4G internet is set to arrive on the moon later this year
▼ + stars: | 2023-03-28 | by ( Ryan Browne | ) www.cnbc.com time to read: +1 min

Nokia hopes to install a data network on the moon sometime in 2023, an executive told reporters. Nokia is preparing to launch a 4G mobile network on the moon later this year, in the hopes of enhancing lunar discoveries — and eventually paving the path for human presence on the satellite planet. The network will be powered by an antenna-equipped base station stored in a Nova-C lunar lander designed by U.S. space firm Intuitive Machines, as well as by an accompanying solar-powered rover. The infrastructure will land on the Shackleton crater, which lies along the southern limb of the moon. Nokia says the technology is designed to withstand the extreme conditions of space.

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☆ Bitcoin is poised to blow up Africa's $86 billion banking system
▼ + stars: | 2023-03-26 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +16 min

Then there's mobile money, which has been around since the early 2000s. Africa's mobile money transactions rose 39% to more than $700 billion in 2021, according to data from the GSM Association, a non-profit representing mobile network operators worldwide. That cash network was extraordinarily difficult and expensive to build, which is why there aren't a lot of direct competitors. Bitnob is SMS-based and piggybacks on the mobile money system, making it easier for people to send money directly into bank accounts and mobile money wallets in African countries. "We're able to settle into bank accounts or mobile money accounts, without the recipients having to interact with bitcoin themselves," Parah tells CNBC.

☆ How this 26-year-old went from running bitcoin trading desks in Taco Bells to creating the largest crypto exchange in Africa
▼ + stars: | 2023-03-25 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +28 min

Yellow Card CEO Chris Maurice just before meeting with the Securities and Exchange Commission in Accra, Ghana. Chris MauriceFrom there, Yellow Card users can send or receive digital cash in eligible markets. Zoom In Icon Arrows pointing outwards Yellow Card CEO Chris Maurice in Accra, Ghana loading cash onto his Mobile Money account, MoMo. Yellow Card has facilitated $1.75 billion in transactions since launching in 2019 and has about 220 employees – mostly in Africa. A resident checks his phone outside a mobile money kiosk in the Kibera district of Nairobi, Kenya, on Monday, Aug. 1, 2022.

☆ Google Bard is already behind in the AI wars with OpenAI and Microsoft
▼ + stars: | 2023-03-23 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +5 min

Google Bard, the search firm's answer to ChatGPT, has underwhelmed early testers. Users in the US and UK trying out the AI chatbot find it pales in comparison to OpenAI's tech. The makers of the Twofer Goofer word puzzle found ChatGPT was much better at solving the brainteasers than Google's Bard. It's possible that the company does have a super impressive AI tool up its sleeve. Insider's Hugh Langley reported earlier in March that Google employees are testing a more intelligent version of Bard, nicknamed "Big Bard."

☆ Bill Gates Says Artificial Intelligence Is the Most Revolutionary Technology in Decades
▼ + stars: | 2023-03-22 | by ( Alyssa Lukpat | ) www.wsj.com time to read: 1 min

Bill Gates said he believes artificial intelligence is the most revolutionary technology he has seen in decades, on par with computers, cellphones and the internet. “The development of AI is as fundamental as the creation of the microprocessor, the personal computer, the Internet, and the mobile phone,” he wrote in a blog post on Tuesday. “Entire industries will reorient around it. Businesses will distinguish themselves by how well they use it.”

☆ Bill Gates Says AI Is the Most Revolutionary Technology in Decades
▼ + stars: | 2023-03-22 | by ( Alyssa Lukpat | ) www.wsj.com time to read: 1 min

☆ Bill Gates says that in the future ChatGPT will be like 'having a white-collar worker available to help you'
▼ + stars: | 2023-03-22 | by ( Grace Dean | ) www.businessinsider.com time to read: +4 min

Bill Gates said in a blog post that ChatGPT will be like "having a white-collar worker" as an assistant. Gates said it was realistic that people would use AI as a digital personal assistant in the future. "Although humans are still better than GPT at a lot of things, there are many jobs where these capabilities are not used much," Gates wrote. "As computing power gets cheaper, GPT's ability to express ideas will increasingly be like having a white-collar worker available to help you with various tasks," Gates continued. Gates wrote that firms could also create company-wide agents which would have access to sales information, finance documents, product schedules, and industry news and which employees could consult.

☆ Bill Gates says OpenAI's GPT is the most important advance in technology since 1980
▼ + stars: | 2023-03-21 | by ( Kif Leswing | ) www.cnbc.com time to read: +2 min

Microsoft founder Bill Gates speaks during the Global Fund Seventh Replenishment Conference in New York on September 21, 2022. Microsoft co-founder Bill Gates says that OpenAI's GPT AI model is the most revolutionary advance in technology since he first saw a modern graphical desktop environment (GUI) in 1980. Now, Gates sees parallels with OpenAI's GPT models, which can write text that resembles human output and generate nearly usable computer code. "The whole experience was stunning," Gates wrote. Gates and Microsoft have close ties to OpenAI, which developed the GPT model.

☆ Bill Gates just published a 7-page letter about AI and his predictions for its future
▼ + stars: | 2023-03-21 | by ( Grace Mayer | ) www.businessinsider.com time to read: +5 min

Bill Gates published a 7-page letter on the future of artificial intelligence. The Microsoft cofounder published a seven-page letter on Tuesday, titled "The Age of AI has Begun," outlining his views on the future of artificial intelligence. It's possible that AI could also aid in the treatment of patients who don't live nearby health facilities, Gates wrote. "Even once the technology is perfected, learning will still depend on great relationships between students and teachers," the letter reads. "To make the most of this remarkable new technology, we'll need to both guard against the risks and spread the benefits to as many people as possible," Gates wrote.

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☆ A foldable iPhone may be able to shut itself to protect the screen if it's dropped, Apple patent application shows
▼ + stars: | 2023-03-19 | by ( Sam Tabahriti | ) www.businessinsider.com time to read: +2 min

A patent application showed a foldable iPhone could close itself to protect the screen if dropped. Apple has not confirmed any plans to start producing a foldable iPhone. Speculation about a foldable iPhone has circulated online for several years without any confirmation from Apple. Ben Wood, chief of research at CCS Insight, told CNBC last October that a foldable iPhone would probably sell for about $2,500. Patent applications do not mean that Apple has any plans to start making a foldable iPhone but indicate the company is still mulling the idea.

☆ Subway will sell 50% discounts for its footlong sandwiches to app users — and they could sell out within hours
▼ + stars: | 2023-03-17 | by ( Nancy Luna | ) www.businessinsider.com time to read: +3 min

Subway is bringing back its Footlong Pass subscription program. Passes will be available on the chain's app, which has seen a surge in downloads lately, as well as online. And, they're about to surge even more as the chain plans to bring back its wildly popular $15 Footlong Pass deal. One million Subway app downloads in a monthAccording to app intelligence firm Apptopia, Subway's menu overhaul, and recent promotions are causing a surge in app downloads. McDonald's (3.2 million downloads) and Starbucks (1.3 million downloads) came in at No.

☆ Match Group CEO spent $50,000 on 'Clash of Clans' in 3 months: 'I still look back at that with lots of shame'
▼ + stars: | 2023-03-16 | by ( Grace Mayer | ) www.businessinsider.com time to read: +2 min

CEO of Match Group Bernard Kim spent $50,000 on the mobile gaming app Clash of Clans. Speaking at a dating summit, Kim said the rewards of mobile gaming don't compare to those of of online dating. Kim was previously steeped in the mobile gaming industry as the president of mobile gaming group Zynga, known for creating Words With Friends. Like mobile games, many dating apps — including those in Match's portfolio — offer in-app purchases, including a new $50-per-month Hinge subscription. "I've personally spent $50,000 in three months in 'Clash of Clans,' and I still look back at that with lots of shame," he added.

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