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☆ Google is facing its first real competition in search
▼ + stars: | 2023-02-08 | by ( Diamond Naga Siu | ) www.businessinsider.com time to read: +5 min

This is the first time search engines are in legitimate competition — with all thanks to ChatGPT for the plot twist. Now, the chatbot is integrated in Bing and gives the search engine its first fighting chance against Google. Microsoft for now has a "first-mover" advantage, meaning its first-ever AI search engine can attract a large share of users. More on the first-ever search engine race here. Tech workers with skills in Web3, AI, and cybersecurity remain in high demand.

☆ Shark Tank's Kevin O'Leary is in talks with ChatGPT creator OpenAI for an equity investment in the company
▼ + stars: | 2023-02-07 | by ( Phil Rosen | ) www.businessinsider.com time to read: +2 min

In an exclusive interview with Insider, Kevin O'Leary shared that he's in talks to invest in OpenAI. "I'm looking at the ChatGPT deal right now from an equity perspective, deciding what allocation I want to put into it," O'Leary said. OpenAI last month secured a $10 billion investment from Microsoft, a move O'Leary cheered as a shareholder in the tech giant. "I like to invest in the first-mover because they have a marketing advantage," O'Leary said in a Tuesday call. "Either it'll have a good outcome or it won't, but I won't take down the ship or sell the farm for it.

☆ The biggest risks in procrastinating on iPhone, Android software updates
▼ + stars: | 2023-02-05 | by ( Kaitlin Balasaygun | ) www.cnbc.com time to read: +6 min

watch nowNot all software updates offer an array of new features, but when they do it can feel like you are getting a new phone without added cost. Yet, many users still do whatever they can to put off the 30 minutes that a software update can take. Discomfort often stems from the perception that software updates will require users to relearn how to use certain features on their device and threatens their current habits. When 30 days have passed, the system then prompts the user to install the system update. When a major security update comes out, everyone should act relatively fast.

☆ Rep. George Santos doubled down on the claim his mother died from cancer due to 9/11, despite records showing she wasn't even in the country
▼ + stars: | 2023-02-05 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +3 min

George Santos doubled down on claims that his mother died due to 9/11. Santos explained that he meant she died of cancer due to "toxic dust" from the terror attack. The NYT previously reported that immigration records showed his mother was in Brazil on 9/11. He claimed in a 2021 tweet that "9/11 claimed my mother's life," even though his mother, Fatima Devolder, died of cancer in 2016. When asked about the immigration documents in the OANN interview, Santos responded that they "didn't know where that came from."

I used to meticulously track my monthly spending across a variety of categories. The reality, though, is that my income and spending fluctuate in ways that made my budget stressful. That's when, for the first time in my life, I decided to get serious about creating a realistic monthly budget and sticking to it. Instead of giving myself a spending goal for different categories of my life, I'm focusing on meeting weekly savings goals. For example, if my monthly income was $5,000, I made a goal of saving $1,666 every month and a weekly goal of $416.

☆ The largest hedge fund in the world just named a 37-year-old woman as a co-CIO. Meet the top 11 execs leading Bridgewater into its new era.
▼ + stars: | 2023-02-02 | by ( Alyson Velati | Michelle Abrego | ) www.businessinsider.com time to read: +12 min

Karen Karniol-Tambour will join co-CIOs Greg Jensen and Bob Prince to oversee the hedge fund's investment strategy. Despite a breakout year for many multi-strategy and macro hedge funds, Bridgewater lagged behind its peers. Nir Bar Dea, co-CEOBar Dea. Bridgewater AssociatesAs cochief investment officer, Jensen oversees Bridgewater's investment strategies and research efforts as well as its investment talent. Since joining Bridgewater in 1986, he has been a partner in building the hedge fund's investment process and products.

☆ Chelsea smash British transfer record to sign Benfica's Fernandez
▼ + stars: | 2023-02-01 | by ( Martyn Herman | ) www.reuters.com time to read: +4 min

LONDON, Feb 1 (Reuters) - Chelsea announced the signing of Enzo Fernandez from Benfica on Wednesday after days of complex negotiations between the clubs to secure the Argentina midfielder for a British transfer record 106.8 million pounds ($131.46 million). Premier League club Chelsea announced the signing on Wednesday 1000 GMT via a video on Twitter, which showed a clip of a clock ticking down, making a reference to race against time to sign the World Cup winner. It takes Chelsea's transfer spending in January alone to close to 300 million pounds and to more than 500 million pounds since last May's takeover by an investment group led by American Todd Boehly and Clearlake Capital. His fee eclipses the 100 million pounds Manchester City paid Aston Villa for England midfielder Jack Grealish in 2021. On Tuesday, Chelsea sold experienced midfielder Jorginho to Premier League leaders Arsenal for 12 million pounds.

☆ Abuses Proliferate in Police Squads Like Memphis's Scorpion Unit
▼ + stars: | 2023-01-28 | by ( Katherine Long | Jack Newsham | ) www.businessinsider.com time to read: +27 min

Street Crime Unit. Jon Naso/NY Daily News Archive via Getty ImagesMemphis police chief Davis also has prior experience with special street crime units. Street crime squads are popular among politicians who say only aggressive policing will reduce violent crime. In the late 1990s, the Street Crime Unit tripled in size, amid a panic over a rising number of homicides. In a city grappling with violent crime, authorities touted the Street Crime Unit as a bright spot.

☆ Intel's horrible quarter revealed an inventory glut and underused factories
▼ + stars: | 2023-01-26 | by ( Kif Leswing | ) www.cnbc.com time to read: +3 min

Intel guided for about $11 billion in sales in the March quarter, which would be a 40% year-over-year decline. Gross margin will be 34.1%, a huge decrease from the 55.2% in the same quarter in 2021, Gelsinger's first at the helm. Dropoff in gross marginUnderpinning all of this is that Intel's gross margin continues to decline, hurting the company's profitability. Intel said that its gross margin would be hit by 400 basis points, or 4 percentage points, because of factories running under load because of soft demand. "We have a number of initiatives under way to improve gross margins and we're well under way.

☆ China's Covid wave drives up consumer interest in insurance after health system shortfalls
▼ + stars: | 2023-01-26 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +7 min

For people planning to spend more on that health category, 47% said in December they intend to spend more on health insurance. "This experience is also driving increased interest in commercial health insurance which could cover access to premium private providers," Lipson said. Anecdotes depict a public health system overwhelmed with people at the height of the wave, and long wait times for ambulances. Some of the players in China's health insurance industry include Ping An , PICC and AIA . Hospital fundingHowever, one of the barriers to improving China's public health system is its fragmented financing system, according to Qingyue Meng, executive director at Peking University's China Center for Health Development Studies.

“To the people of #NY03 I have my story to tell and it will be told next week,” Santos tweeted on Dec. 22. After images surfaced showing Santos dressed in drag, Santos insisted it was “categorically false” that he had ever performed as a drag queen. A Siena College survey released Monday showed many New York voters seem to agree with Stern’s assessment. Just 16% of New York voters said they viewed Santos favorably — including a mere 15% of Republicans. Additionally, 59% of New York voters said Santos should resign while just 17% said he should not.

☆ Amazon warns employees not to share confidential information with ChatGPT after seeing cases where its answer 'closely matches existing material' from inside the company
▼ + stars: | 2023-01-24 | by ( Eugene Kim | ) www.businessinsider.com time to read: +7 min

An Amazon lawyer warned employees about sharing confidential company information with ChatGPT. Others wondered if they were even allowed to use the AI tool for work. She warned employees not to provide ChatGPT with "any Amazon confidential information (including Amazon code you are working on)," according to a screenshot of the message seen by Insider. Overall, Amazon employees in the Slack channel were excited about the potential of ChatGPT, and wondered if Amazon was working on a competing product. For Amazon employees, data privacy seems to be the least of their concerns.

☆ New Zealand farmers sour on Ardern’s Labour, complicating new PM's path
▼ + stars: | 2023-01-21 | by ( Lucy Craymer | ) www.reuters.com time to read: +4 min

Rural voters say reforms by Ardern's Labour Party, meant to improve the environmental impact of farming, are costly and ineffective. Farmers worry that the extra costs and work will make their products more expensive and less competitive in foreign markets. The government has proposed an unpopular plan for farmers to pay for methane emissions from their sheep and cows. New Zealand farmers are some of the most efficient in the world. Andrew Hoggard, national president of Federated Farmers, said many Labour regulations were impractical and made farming difficult.

Despite German efforts to pressure the U.S. into providing Abrams tanks to Ukraine, the Pentagon’s top leaders are against sending them, three U.S. officials said. At the same time, the officials said President Joe Biden would not pressure Germany to send the Leopard tanks to Ukraine. Asked Friday about sending Abrams tanks to Ukraine, Biden was noncommittal. They also have argued they are not the right vehicles for the fight in Ukraine right now, according to the officials. Artur Widak / AP fileU.S. officials said opposition within the Biden administration to sending Abrams tanks to Ukraine is not due to concerns Russia would see the move as escalatory.

☆ US Labor Department accuses Amazon of failing to keep warehouse workers safe
▼ + stars: | 2023-01-18 | by ( Catherine Thorbecke | ) edition.cnn.com time to read: +3 min

CNN —Amazon has been accused by federal safety regulators of failing to keep warehouse workers safe from workplace hazards at three US facilities, in the latest example of government officials scrutinizing the e-commerce giant’s labor practices. The Department of Labor said Wednesday that its Occupational Safety and Health Administration (OSHA) has cited Amazon and issued hazard letters related to injury risks from workers lifting packages after inspecting three warehouse facilities in Deltona, Florida; Waukegan, Illinois; and New Windsor, New York. An Amazon spokesperson said the company “strongly” disagrees with OSHA’s claims and intends to appeal. “We’ve cooperated fully, and the government’s allegations don’t reflect the reality of safety at our sites,” Kelly Nantel, an Amazon spokesperson, told CNN in a statement Wednesday. But Amazon is also known for carefully tracking worker productivity and for working conditions that have been called “grueling.”“We have to keep up with the pace,” Jennifer Bates, an Amazon warehouse employee who helped organize a union push at an Alabama facility, said in testimony before the Senate Budget Committee in 2021.

☆ I left Manhattan for LA. It's easier to make friends, my cost of living is lower, and I'm so much happier here.
▼ + stars: | 2023-01-18 | by ( Daniel Zahler | ) www.businessinsider.com time to read: +14 min

I got the full New York City experienceI lived in Manhattan for 12 years. In 2015, I decided to sublet my West Village pad and spend the winter in Santa Monica. Santa Monica is one of the priciest areas of California, but it's still cheaper than Manhattan. Today I'm paying $3,000 a month for a spacious apartment in the heart of Santa Monica with amazing views of mountains and palm trees. New York City is unrivaled in its energy and diversity and is the major league of cities — truly world-class.

NEW YORK, Jan 11 (Reuters) - The U.S. Supreme Court on Wednesday allowed New York to enforce a Democratic-backed gun control law adopted after the justices last year struck down the state's limits on carrying concealed handguns outside the home in a landmark ruling that expanded gun rights. Circuit Court of Appeals in December put that decision on hold while the state pursues an appeal. Wednesday's action may not be the last time the Supreme Court addresses New York's new gun law. New York state Attorney General Letitia James, a Democrat, praised the court's decision to keep the law in effect. Democratic Governor Kathy Hochul signed into law the Concealed Carry Improvement Act on July 1, a week after the Supreme Court's landmark ruling against a New York concealed carry permit restriction.

☆ Why artificial intelligence is set to be a game changer for businesses in 2023, according to 7 founders
▼ + stars: | 2023-01-10 | by ( Jennifer Ortakales Dawkins | ) www.businessinsider.com time to read: +4 min

The most common theme was artificial intelligence and how they thought it would be used this year. Insider surveyed 68 founders for their 2023 predictions and the industries they believed would gain market value in the coming year. Here's why founders are talking about AI and how they think it will be used in 2023. It could have an outsize effect on healthcareMany founders believe we'll see significant advancements in healthcare using AI and similar technologies. Katie Wilson, a cofounder and the CEO of the vegan-snack brand BelliWelli, believes AI and robots will be at the forefront of the industry.

☆ Rich Russians can't easily travel overseas after Putin's invasion, so they're going on cruises at home instead
▼ + stars: | 2023-01-08 | by ( Stephanie Stacey | ) www.businessinsider.com time to read: +3 min

Russia's cruise industry enjoyed "serious growth" in 2022, a lawmaker told the news agency TASS. Many Russians went on cruises for the first time because they couldn't travel overseas. Konstantin Puchkov of the online travel marketplace Cruise House told Insider that river cruises had been particularly popular. The added burdens of international travel mean that Russia's domestic cruises are now attracting wealthier customers — including those who've previously vacationed overseas. Russian tourists can still technically enter Europe through third countries, such as Turkey, but that makes journeys more expensive and time-consuming.

☆ McDonald's to boost restaurant growth, streamline some programs
▼ + stars: | 2023-01-06 | by ( Hilary Russ | ) www.reuters.com time to read: +2 min

McDonald's beat sales and profit estimates in its last quarterly earnings results in October, helped by higher menu prices and increased foot traffic from inflation-weary customers looking for value meals. Its global same-store sales increased 9.5% in the third quarter. read moreLike other fast-food chains, McDonald's has hiked menu prices to keep up with surging commodity and labor costs. McDonald's strong sales and profits also mean that it - like several other restaurant chains including Starbucks Corp (SBUX.O) and Chipotle Mexican Grill Inc (CMG.N) - can embark on big expansion plans. It now also plans to streamline technology - including its loyalty programs - and menu development in order to get new products into use globally more quickly.

☆ Saudi Arabia's new love for soccer could cause ripple effects across the sports world
▼ + stars: | 2023-01-06 | by ( Elliot Smith | ) www.cnbc.com time to read: +8 min

Portuguese football star Cristiano Ronaldo poses for a photo with the jersey after signing with Saudi Arabia's Al-Nassr Football Club in Riyadh, Saudi Arabia on December 30, 2022. Al Nassr Football Club / Handout/Anadolu Agency via Getty ImagesSoccer superstar Cristiano Ronaldo's move to Saudi club Al-Nassr, and the kingdom's growing investments in the sport, could have ripple effects across Europe and the U.S., experts have told CNBC. The former Real Madrid, Manchester United and Juventus star earlier this week contended that the "unique contract" was befitting of his status as a "unique player." The Financial Times reported in October that the Saudi PIF had committed more than $2 billion to sponsorship deals over the first eight months of 2022, most of which was directed toward domestic soccer competitions. The Saudi PIF's takeover of Newcastle United was met with criticism across the soccer world — deemed an effort to launder the country's reputation against the backdrop of a poor human rights record.

☆ McDonald's plans reorganization, job cuts as it accelerates restaurant openings
▼ + stars: | 2023-01-06 | by ( Amelia Lucas | ) www.cnbc.com time to read: +2 min

McDonald's is planning job cuts and a reorganization as the company refocuses its priorities to accelerate restaurant expansion, CEO Chris Kempczinski told employees Friday. As part of the reorganization, the company will be deprioritizing and halting certain initiatives, according to a company-wide memo from Kempczinski viewed by CNBC. "Today, we're divided into silos with a center, segments, and markets," Kempczinski wrote. Currently, McDonald's organization is divided into three segments: the U.S., international operated markets and international developmental licensed markets. Additionally, McDonald's said Friday it will speed up its development plans for new restaurants.

Of course, there isn't one best credit card to use in New York City. Show more Regular Annual Percentage Rate (APR) 20.74% - 27.74% Variable Editor's Rating 4.65 /5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star 4.65 out of 5 Stars Our editor's ratings analyze fees, bonuses, rewards, and benefits to highlight the simplest and most valuable credit cards available. Details Rewards Earn 2x Miles on dining at restaurants worldwide, and for takeout and delivery in the U.S. It earns 2x Chase Ultimate Rewards points on travel (outside of purchases made through Chase Ultimate Rewards) and 3x points on dining. It's the best card to use for dining out, takeout, and food delivery in New York City because you'll earn 4 American Express Membership Rewards points per dollar spent.

☆ Quiet quit, rage quit, or find a new job? Here's how to decide.
▼ + stars: | 2023-01-02 | by ( Shana Lebowitz | ) www.businessinsider.com time to read: +4 min

Quiet quitting can mean doing your job without caring much about it. Rage quitting involves leaving suddenly after frustrations have built up. "Quitting" has taken on many new (and confusing, if you're over 30 like I am) connotations, including quiet quitting, rage quitting, and good old-fashioned leaving to pursue another opportunity. Below you'll find the case for quiet quitting, rage quitting, and finding a new job. Consider rage quitting if … your job is hurting your mental healthIt's considered professional to give your employer at least some notice before you leave.

☆ ‘I work just 5 hours a week': A 39-year-old who makes $160,000/month in passive income shares his best business advice
▼ + stars: | 2023-01-01 | by ( Graham Cochrane | ) www.cnbc.com time to read: +3 min

When starting a business, it's sometimes hard to know what to prioritize, and going at it alone can be overwhelming. I work just five hours a week from my home office and make $160,000 a month in passive income. To get clear about the type of business and life you want, ask three questions: What does a perfect day look like to you? Before you start a new task, ask yourself three questions: What's the expected outcome for doing this task? Can I point to a direct link between doing that task and earning income?

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