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☆ Apple is coming off a terrible year and Wall Street is torn on whether it's set for more pain or about to skyrocket.
  + stars: | 2023-01-05 | by ( Phil Rosen | ) www.businessinsider.com   time to read: +5 min
While the meeting minutes don't tell us exactly what the Fed will do next month, generally they are worth paying attention to for hints into the thinking of central bankers. Shares fell further on Tuesday and Wednesday after a Nikkei report said demand for MacBooks, AirPods, and Apple Watches is weakening. But Loup Funds' Gene Munster said Apple stock should be worth double its current value, given that it's one of the world's greatest companies. What's your outlook for Apple stock this year? This hedge fund manager has returned 163% over the last year, and he's anticipating more pain to come for stocks.
☆ Google execs warn company's reputation could suffer if it moves too fast on AI-chat technology
  + stars: | 2022-12-13 | by ( Jennifer Elias | ) www.cnbc.com   time to read: +7 min
Some of them are wondering where Google is in the race to create sophisticated chatbots that can answer user queries. After all, Google's prime business is web search, and the company has long touted itself as a pioneer in AI. Billions of people across the globe use Google's search engine, while ChatGPT just crossed 1 million users in early December. Taking Google 'for granted'Employees had other concerns about Google search. Industry estimates still show that Google holds at least 90% of the search market, and the company remains under scrutiny by regulators.
☆ A tense all-hands meeting at Google leaves employees worried about layoffs
  + stars: | 2022-12-12 | by ( Matt Weinberger | ) www.businessinsider.com   time to read: +5 min
Oh, and Insider released its inaugural Cloudverse list of the 100 top leaders building the next generation of the Internet. Insider's Hugh Langley reports on a tense all-hands inside Google, where employees once again pushed CEO Sundar Pichai to comment on the possibility of layoffs. Google employees have been worried about layoffs for a while, especially while pretty much all of the search giant's peers in Big Tech have cut jobs in recent weeks and months. Notably, employees used the all-hands to raise concerns over a new performance tool named GRAD. Swapping Big Tech for climate tech.
☆ Will 'Emancipation' set Will Smith free from 'the slap?'
  + stars: | 2022-12-10 | by ( Lisa Respers France | ) edition.cnn.com   time to read: +6 min
Three things to watch‘Emancipation’Will Smith (center) in a scene from "Emancipation." Smith has been banned from attending the Oscars for the next decade, but he is still eligible for nominations. ‘Idina Menzel: Which Way to the Stage?’Idina Menzel attends the American Music Awards on November 20, 2016 in Los Angeles. A Boogie wit da Hoodie performs at the Rolling Loud Los Angeles festival on December 15, 2019 in Los Angeles. Something to sip onNick Cannon attends an event at the GRAMMY Museum on June 25 in Los Angeles.
☆ Idealab founder Bill Gross started selling solar energy kits in 1973 at 15 years old. Now he's leading solar tech company Heliogen
  + stars: | 2022-11-28 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com   time to read: +11 min
Idealab and Heliogen Founder Bill Gross speaks onstage during Vox Media's 2022 Code Conference on September 08, 2022 in Beverly Hills, California. "Because I was reading Popular Science magazine, I saw people used to take out little ads in the back," Gross told CNBC. One limiting factor for solar energy is its intermittency, which means it only delivers power when the sun is shining. But we're delivering the energy continuously because the energy is coming out of the rock bed," Gross told CNBC. The price of fossil fuels after Russia invaded Ukraine is a game changer," Gross told CNBC.
☆ Inside Amazon's Alexa unit, once considered to key to the company's future but now facing heavy layoffs
  + stars: | 2022-11-27 | by ( Matt Turner | Lisa Ryan | Hallam Bullock | ) www.businessinsider.com   time to read: +3 min
Over a dozen current and former employees told Insider's Eugene Kim that the division is in crisis — and the mounting losses and massive cuts underscore the swift downfall of Alexa. Go inside Amazon's Alexa unit. Jerod Harris/Getty ImagesWalt Disney stunned Hollywood this week by reinstating Bob Iger as its chief executive, and company insiders told us that his return to the throne came together in a matter of days. Getty ImagesTwitter's remaining employees are now expected to keep its CEO Elon Musk up to date on everything they work on each week. Responding to a tweet citing correspondent Kali Hays' report on the leaked email, Musk said the decision was "not unreasonable."
☆ We're sticking with Apple despite questions about holiday-quarter iPhone production delays
  + stars: | 2022-11-09 | by ( Kevin Stankiewicz | ) www.cnbc.com   time to read: +7 min
He continued, "If sales in the quarter are back-end loaded because of production delays, the week could be a notably strong one for Apple." We're not recommending investors step in and buy Apple shares here, recognizing the macro environment is complicating the valuations for large-cap tech stocks. This is part of the reason why we lowered our price target on Apple shares last week despite its better-than-expected fiscal fourth quarter , also referred to as the September quarter. Apple shares on Wednesday are trading at roughly 22 times forward earnings, above their five-year average of 21.4, according to FactSet. In Wednesday's note, Sacconaghi suggests an undertone of demand softening could be at play with the aforementioned iPhone production cuts.
☆ What to expect from Netflix's new subscription with ads
  + stars: | 2022-10-14 | by ( Jordan Parker Erb | ) www.businessinsider.com   time to read: +5 min
After months of talking about it, Netflix has finally released more details about its newest subscription tier, "Basic with Ads." I've got the deets you'll want to know about Netflix's new plan, so let's get into it. At $6.99 per month, the subscription is $3 less than Netflix's basic ad-free plan — but it will also come with more restrictions. Here's what we know about the plan, "Basic with Ads," available starting next month:If you subscribe to the ad plan, Netflix says you can expect four to five minutes of ads per hour. Basic with Ads will become available in Canada on November 1, and in the US and UK on November 3.
☆ Goldman Sachs insiders are concerned about CEO David Solomon's push to build his personal brand
  + stars: | 2022-09-25 | by ( Matt Turner | Jordan Parker Erb | Lily Katzman | ) www.businessinsider.com   time to read: +5 min
On the agenda today:But first: This week, Insider launched its inaugural Climate Action 30, a prestigious list of leaders working toward climate solutions. Lily Katzman, an associate editor on our Special Projects team, gives us a behind-the-scenes look at the project. InsiderWhen we say climate heroes, the usual suspects — think Greta Thunberg and Al Gore — come to mind. That's where Insider's Climate Action 30 comes into play. ReutersDavid Solomon, Goldman Sachs' CEO, moonlights as an electronic-music DJ, playing high-profile gigs like the Lollapalooza music festival and Tomorrowland, a Belgian music festival.
☆ Amazon's new unit has more than 400 employees, focused on helping engineers avoid rote work
  + stars: | 2022-09-22 | by ( Jordan Parker Erb | ) www.businessinsider.com   time to read: +5 min
Today, we're kicking things off with my colleague Eugene Kim's look at a (secret) new team at Amazon. Amazon CEO Andy Jassy is trying to fix the company's crumbling engineering culture. According to leaked documents, Amazon formed the "Amazon Software Builder Experience" group to "focus on improving the experience of software builders across Amazon." Some Amazon engineers have expressed that they're "overwhelmed" by mundane software upgrade work, manual testing and deployment, and hard-to-use developer tools. The Meta CEO announced on Instagram: "Happy to share that Max and August are getting a new baby sister next year!"
☆ Here's the bizarre reason you're not supposed to use the bottom button on suits
  + stars: | 2017-03-31 | by ( Jacob Shamsian | ) www.businessinsider.com   time to read: +6 min
Men's suit designers often even tailor the fabric so suit jackets and waistcoats looks more flattering unbuttoned at the bottom. The story of King Edward VII (who ruled from 1901 to 1910) is often dismissed as a myth — but it's completely true. The Duke of Roxburghe at Buckingham Palace in 1910, after the death of King Edward VII. "Edward VII always left his bottom waistcoat button open because he was fat," Amies answered. In that case, follow Edward's advice in leaving the bottom button unbuttoned, but do button the top one.
Persons: King Edward VII, it's, Prince, —, Edward VII, Prince George, Robert Johnson, isn't, Sir Hardy Amies, Queen Elizabeth II, Savile, Sir Amies, Roxburghe, . Phillips, Phillips, Amies, Leo, Jerod Harris, Edward, Queen Elizabeth II's, Dylan Martinez, Reuters Edward Organizations: Buckingham Palace, Royal Society for, of Arts , Manufactures, Commerce, Getty, Geographic, Oxford, of, Reuters Locations: Wales, England, London, Buckingham, Britain, USA, Ludlow
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