DIRS.INFO The most relevant business & tech news

☆ He was stressed out and unfulfilled living in NYC. So, at 25, he left and moved to Bangkok to start anew.
▼ + stars: | 2024-10-28 | by ( Amanda Goh | ) www.businessinsider.com time to read: +8 min

Paul Lee, 28, left New York City to move to Thailand in 2021. Life in NYC felt competitive and materialistic, which left him feeling unfulfilled. AdvertisementFour years ago, Paul Lee, 28, left New York City to move to Bangkok. Advertisement"It's already much nicer, bigger, and cheaper than the one I was living in New York City," he added. AdvertisementEven though Bangkok is a vibrant city, the pace of life is still slower than in NYC, Lee said.

Persons: Paul Lee, —, Lee, It's, I'm, Lee isn't, there's, I've, Paul Lee . Organizations: Service, Big Apple, Business, New, Suvarnabhumi, Economist Intelligence Locations: New York City, Thailand, Bangkok, Macon , Georgia, Georgia, South Korea, New York, Thong Lo, SoHo, NYC, Jeju, Lee's, In Thailand, Pattaya, United States

☆ Why this ‘Magnificent 7’ stock is still a buy even though it’s behind on AI
▼ + stars: | 2024-10-28 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +1 min

What's more, the enormous Amazon Web Services cloud services business effectively allows Amazon the leeway to figure out the best path forward in terms of applying AI to the rest of its businesses. At the same time, Amazon's Prime Video platform presents a formidable opponent against Netflix . Wang also said Amazon's Prime membership rolls could benefit from the upcoming holiday shopping season. So Amazon has a little bit of time to get their AI story right," he said. Wang added that investors can expect more insight into Amazon's investments during its December re:Invent conference.

Persons: Ray Wang's, Wang, Amazon's Organizations: Constellation Research, Amazon, Netflix, Microsoft, Google

☆ Intercepted audio purports to show a chaotic start to North Koreans joining Russia's fight
▼ + stars: | 2024-10-28 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +4 min

Ukraine shared audio it said was intercepted from Russians readying to receive North Korean troops. It comes as NATO confirms that North Korean troops are already fighting in Ukraine. AdvertisementNorth Korean forces are facing a frantic and unorganized start as they join Russia's fight against Ukraine, intercepted audio suggests. Voices discuss the imminent arrival of North Korean servicemen. They talk in exasperated terms over unclear communication about the North Korean troops.

Persons: readying, —, it's, Mark Rutte, Joseph S, Bermudez Jr, Bermudez Organizations: NATO, Service, Ukraine, North Korean servicemen, Separate Marine Brigade, North, Center for International, Strategic Studies Locations: Ukraine, North, Russia's, Kursk, Russia, Moscow, Pyongyang, North Korea

☆ Meet OpenAI’s first chief economist—3 things you may not know about him
▼ + stars: | 2024-10-28 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +1 min

[alt heds: OpenAI has hired its first chief economist – 3 things to know about him3 things you may not know about OpenAI's new chief economist]While no one knows exactly how artificial intelligence will reshape society, OpenAI plans to analyze the technology's potential economic impact. On Oct. 22, OpenAI named Dr. Aaron "Ronnie" Chatterji as its first chief economist. In this role, he will oversee research on a range of AI-related topics, including how AI innovations may impact the global economy and how the workforce can utilize AI tools both now and in the future, according to OpenAI's press release. While this move marks a first for OpenAI, it won't be Chatterji's first high-profile role. Here are three things you may not know about OpenAI's new chief economist.

Persons: OpenAI, –, Aaron, Ronnie, Chatterji, Larry Summers Organizations: U.S . Treasury

☆ Why North Korea would want to go to war for Russia
▼ + stars: | 2024-10-28 | by ( Chris Panella | ) www.businessinsider.com time to read: +8 min

North Korea sent thousands of troops to support Russia in its war against Ukraine. AdvertisementWhy is North Korea helping Russia? STR/KCNA VIA KNS/AFP via Getty ImagesIt's unclear what exactly is driving North Korea to become increasingly involved in the war and send troops to Russia. North Korea also has an aging fighter jet fleet it wants to upgrade and a desire for advanced satellite technologies. Beijing has often aligned with Russia and North Korea, and Western officials have accused China of also giving military aid to Russia in return for certain technologies and information.

Persons: Kim, Putin, —, Mark Rutte, Vladimir Putin, Kim Jong, KRISTINA KORMILITSYNA, Ivan Samoilov, Rutte, Kirby, Kurt Campbell, Defense Lloyd Austin, Biden, Seoul's Organizations: Ukraine, Service, US, Korean, Russian, NATO, Department of Defense, Pentagon, Ukrainian, North, Duma, Research, Gwara, Getty, VIA KNS, National Security, Technologies, Roman, Defense, Publicly, Ministry of Foreign, South Locations: Korea, Russia, Ukraine, South Korea, Kursk, Ukrainian, North Korea, Russian, Pyongyang, Korean, Moscow, Iran, North Korean, AFP, Kyiv, China, Beijing

☆ Trump’s social media company has tripled in value in five weeks
▼ + stars: | 2024-10-28 | by ( Matt Egan | ) edition.cnn.com time to read: +5 min

New York CNN —Trump Media & Technology Group is losing money, generating very little revenue and its main product Truth Social remains a relatively small player in social media. And yet Wall Street is valuing former President Donald Trump’s social media company at nearly $8 billion, a price tag that has tripled in the span of just five weeks. Since plunging to record lows on September 23, Trump Media’s share price has skyrocketed. Trump Media’s share price saw a sharp decline in July after President Joe Biden ended his reelection bid. “If this were called Joe’s Media Company, we wouldn’t even be talking about it and it wouldn’t have a value anywhere close to this.

Persons: New York CNN —, Donald Trump’s, “ I’ve, ” Gene Munster, Munster, Trump, ” Munster, “, it’s, ” Trump, George Kailas, ” Kailas, Kailas, “ There’s, Joe Biden, Kamala Harris, Harris, ”, Steve Sosnick, Sosnick, ” Sosnick, he’s Organizations: New, New York CNN, New York CNN — Trump Media & Technology Group, Trump, White, Trump Media, Republican, Asset Management, CNN, Democratic, Interactive Brokers, Munster, “, Joe’s Media Company Locations: New York, Munster, Trump’s

☆ Apple Intelligence is finally here for some as part of the iOS 18.1 software update
▼ + stars: | 2024-10-28 | by ( Jordan Hart | ) www.businessinsider.com time to read: +4 min

Apple rolled out long-awaited AI features to some iPhone and other users with its iOS 18.1 update. The new software is officially available on iOS 18.1, iPadOS 18.1, and macOS Sequoia 15.1, months after the tech giant first announced Apple Intelligence at the Worldwide Developers Conference. These are the Apple Intelligence features out nowApple Intelligence was revealed at Apple WWDC 2024. AdvertisementWith iOS 18.1, Apple said Siri can field typed requests, answer "thousands of questions" about Apple products, and understand context better. AppleTo ensure they get the features, iPhone owners must join a waitlist to request activation of Apple Intelligence.

Persons: Dan Ives, —, Siri, Apple, There's, Tim Cook Organizations: Apple, Apple Intelligence, Service, Sequoia, Worldwide, Wedbush Securities Locations: Australia, Canada, New Zealand, South Africa

☆ Russia can't sustain its attack on Ukraine without North Korean troops, NATO chief says
▼ + stars: | 2024-10-28 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +2 min

Ukraine has said it expects to encounter North Korean troops on the battlefield within days. AdvertisementNATO's chief said Russia can't sustain its invasion of Ukraine without North Korean troops. Mark Rutte said at a press conference on Monday that North Korean troops were deployed to Russia's Kursk region, where Ukraine occupies territory. Ukrainian President Volodymyr Zelenskyy said over the weekend that he was expecting to see North Korean troops in battle within days. For his part, Putin last Friday seemed unmoved by external criticism, saying whether Russia deploys North Korean troops is Russia's "sovereign decision."

Persons: Mark Rutte, Putin, —, Vladimir Putin, Volodymyr Zelenskyy, Zelenskyy, Rutte Organizations: NATO, Russia, Service, North, South Korea's National Intelligence Service, Ukraine Locations: North Korea, Ukraine, Korean, Russia, Russia's Kursk, South, Korea, South Korea

☆ Bret Taylor’s AI startup Sierra raises funding at $4.5 billion valuation
▼ + stars: | 2024-10-28 | by ( Kate Rooney | ) www.cnbc.com time to read: +2 min

Bret Taylor, co-CEO of Salesforce, speaks at the Viva Technology Conference in Paris on June 15, 2022. Artificial intelligence startup Sierra, co-founded by ex-Salesforce co-CEO Bret Taylor, is more than quadrupling its valuation to $4.5 billion in a fresh funding round. The San Francisco-based company, which was valued at $1 billion in January, raised $175 million in a funding round led by Greenoaks Capital. Sierra is focused on helping enterprises like home security company ADT , Sonos , Weight Watchers and Casper personalize and implement AI agents for customer service. Taylor describes Sierra as "conversational AI," and bristles at the word "chatbot," even banning the phrase in the company's downtown San Francisco office.

Persons: Bret Taylor, Sierra, Taylor, Marc Benioff, Elon Musk, Clay Bavor, Casper personalize, Bavor, ICONIQ, Josh Kushner’s Organizations: Salesforce, Viva Technology Conference, Greenoaks Capital, Twitter, Elon, Google, Sierra, Google Labs, CNBC Locations: Paris, San Francisco

☆ Jim Cramer wants to buy more shares of 2 portfolio companies with favorable catalysts
▼ + stars: | 2024-10-28 | by ( Paulina Likos | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. "You want to own the stock," Jim said. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Stocks, Jim, TD Cowen, Jim Cramer's Organizations: CNBC, Nasdaq, Microsoft, Delta Air Lines, Home Depot, Dow, pullbacks, Semiconductor, Spotify Locations: Delta

☆ Apple announces new iMac with M4 chip, starts at $1,299
▼ + stars: | 2024-10-28 | by ( Kif Leswing | ) www.cnbc.com time to read: +1 min

Apple on Monday announced an updated iMac with the company's latest M4 chip. Unlike on the iPhone, where only phones released in the past two years will support Apple Intelligence, all of Apple's computers with the M1 chip and newer since 2020 can run the company's artificial intelligence. For example, you might highlight the text of an email and use Apple Intelligence to make it sound more professional or more concise. Apple plans to release another version of Apple Intelligence in December that adds OpenAI's ChatGPT support into writing tools and Siri. It comes with an updated Magic Mouse and Magic Keyboard with USB-C charging, too, replacing the older Lightning port.

Persons: Apple's, Siri, It's Organizations: Apple, Apple Intelligence

☆ Apple’s iPhone AI debuts today. Here’s what to expect
▼ + stars: | 2024-10-28 | by ( John Towfighi | ) edition.cnn.com time to read: +7 min

Apple’s AI features for iPhones will be available for free to users with any iPhone 16, iPhone 15 Pro and Pro Max, who update to iOS 18.1. Apple Intelligence is also available for iPad and Mac models that support iPadOS 18.1 and macOS Sequoia 15. The AI features rolling out with iOS 18.1The Apple Intelligence features rolling out Monday include improvements to writing and editing, Siri and the Photo app. “Some market participants are optimistic that Apple Intelligence could dramatically boost iPhone shipments soon,” Kuo said in the blog post. Following Apple's new product announcements, customers can pick up the new iPhone 16, 16 Plus, 16 Pro and 16 Pro Max, Apple Watch Series 10, AirPods 4, AirPods Pro 2 and AirPods Max from UK Apple Stores today.

Persons: Pro Max, Siri, Angelo Zino, Dan Ives, ” Ives, didn’t, Chi Kuo, Kuo, ” Kuo, Max, Peter Nicholls, “, Wedbush’s Ives, CFRA Research’s Zino, ” Zino, Apple’s Organizations: CNN — Apple Intelligence, Apple Intelligence, Pro, Microsoft, Google, Apple, Developers Conference, Big Tech, Apple Apple, CFRA Research, CNN, Wedbush Securities, TF International Securities, Regent, AirPods, Apple Stores Locations: London, England

☆ Analysis: How a night of fighting words upended the election
▼ + stars: | 2024-10-28 | by ( Tom Foreman | ) edition.cnn.com time to read: +22 min

“We’ve got to take a look at what I was left when I became president.” Biden rises to the challenge. Former President Donald Trump, left, and President Joe Biden take part in the CNN presidential debate on June 27. “I would say that there was a time period in which it felt like Donald Trump couldn’t lose,” she says. “Donald Trump knows how to turn every moment into victimhood,” pollster Frank Luntz notes on CNN. A crowd waits in the sun for Donald Trump to speak at an event in Butler, Pennsylvania, on July 13.

Persons: Joe Biden, Donald Trump, “, Biden, Trump, Jake Tapper, Dana Bash, “ We’ve, ” Biden, Will Lanzoni, CNN’s Kristen Holmes, ”, He’s, Hunter, They’ve, ” Trump, smirking, Austin Steele, ” Holmes, ” CNN’s John King, Phil Mattingly, Michigan’s Gretchen Whitmer, J.B, Pritzker, Kentucky’s Andy Beshear –, ” Mattingly, gleeful, Ronald Reagan’s, David Chalian, Grover Cleveland, Republican hagiographers, Holmes, Donald Trump couldn’t, slanders, anyone’s, shrugged, “ He’s, nodded, didn’t, pollsters, Team Trump, “ Donald Trump, ” pollster Frank Luntz, ” Donald Trump, Tom Brenner, “ They’re, They’re, Pollsters, Lounging, Hillary Clinton, ” King, ‘, ’, Gene J, Let’s, “ I’m, Mike DiFrischia, CNN’s Erin Burnett, “ Joe Biden – You’re, Donna Hutz, Anna Moneymaker, MAGA, Corey Comperatore, Helen, David Dutch, James Copenhaver, Thomas Matthew Crooks, Crooks, John Miller, Franklin Graham, “ Trump, Kimberly Cheatle, Zach Cohen, Evan Vucci, chokeholds Organizations: CNN, ”, Trump, Biden, Democratic, gleeful Trump, Georgia Tech, GOP, Republican, White House, Republican Party, Capitol, Surveys, Team, New York Times, Team Trump, Pew Research, Electoral College, Republican National Convention, Secret, Marine, Bethel Park Skilled Nursing, Rehabilitation Center, Washington Post, Secret Service Locations: United States, Georgia, Trump, —, California, Michigan’s Gretchen Whitmer , Illinois, New York, Chesapeake , Virginia, Ukraine, Gaza, Mexico, Atlanta, Florida, Nevada , Arizona, Georgia , Wisconsin , Michigan, Pennsylvania, Butler , Pennsylvania, Ohio, USA, American, America

☆ AI startup Sierra raises $4.5 billion valuation
▼ + stars: | 2024-10-28 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAI startup Sierra raises $4.5 billion valuationArtificial intelligence startup Sierra, co-founded by ex-Salesforce co-CEO Bret Taylor and Google executive Clay Bavor, is more than quadrupling its valuation to $4.5 billion in a fresh funding round.

Persons: Bret Taylor, Clay Bavor Organizations: Google

☆ What These Founders Learned From Trying to Take on Elon Musk's Twitter
▼ + stars: | 2024-10-28 | by ( Amanda Hoover | ) www.businessinsider.com time to read: +9 min

About three weeks after Elon Musk bought Twitter in October 2022, #RIPTwitter started trending. As the bird app's outlook grew more bleak, several alternative conversation platforms hatched: Narwhal, Spoutible, Spill, Post, and Cohost among them. I talked to several founders about what they learned trying to compete with Musk, and the state of civil discussion online. "There's a ton of power in whoever controls" a big social media platform, Thompson says. Spill, a Black-owned social platform, has been downloaded more than half a million times.

Persons: Elon Musk, RIPTwitter, shitposting, Gabor Cselle, Cselle, Meta, Jack Dorsey, Twitter, Musk, Twitters, he's, imminently, Fortune, Noam Bardin, Andreessen Horowitz, Bardin, Laurene Powell Jobs, Nicholas Thompson, Thompson, Narwhal, Trump, Hitler, Alphonzo Terrell, Kerry Washington, Terrell, there's, Joe Biden, Kamala Harris, Harris, I've, I'm Organizations: Elon, Google, Twitter, Anti Software Software, Politico, Boston Globe, The, Amplica Labs, Democratic, Spill, Phillies

☆ Ukraine's surrender hotline is tempting North Koreans to desert, promising they'll be well fed
▼ + stars: | 2024-10-28 | by ( Kwan Wei Kevin Tan | Mia Jankowicz | ) www.businessinsider.com time to read: +4 min

Ukraine is offering comfortable beds and warm meals to North Korea troops who surrender to them. AdvertisementUkraine is enticing Russia-bound North Korean troops with comfortable beds and warm meals in exchange for their surrender. AdvertisementOn Sunday, Ukrainian President Volodymyr Zelenskyy said in an evening address on Telegram that North Korean troops "may appear on the battlefield" any day now. Related storiesRussia's use of North Korean troops is another indicator that it's relying more on allies to sustain its wartime efforts. But Ukraine's attempt to encourage North Korean troops to surrender faces distinct hurdles.

Persons: —, Putin, chatbot, Volodymyr Zelenskyy, Zelenskyy, Joseph S, Bermudez Jr, Kim, Bermudez, Bruce W, Bennett Organizations: Service, Korean People's Army, YouTube, North, Business Insider, Ukraine, Pyongyang that'll, Center for International, Strategic Studies, Workers ' Party of, RAND Locations: Ukraine, Korea, North Korea, Russia, South Korea, Europe, Pyongyang, Workers ' Party of Korea

☆ China's muted response to the Russia-North Korea alliance could come at a cost
▼ + stars: | 2024-10-28 | by ( Hannah Abraham | ) www.businessinsider.com time to read: +6 min

AdvertisementWith North Korean forces believed to be moving toward Russia's front lines, fears are growing that the Ukraine war is about to enter a new phase. Around 3,000 North Korean soldiers arrived in Russia last week, according to US, South Korean, and Ukrainian intelligence. The reports signaled a deepening military alliance between Russia and North Korea — an alliance that has been met with a muted response from China. AdvertisementThe bland statement may have been aimed at balancing its influence over North Korea and Russia with its relationship with Ukraine's Western allies. For North Korea, China has long been its most important ally, providing trade, diplomatic support, and military aid to Kim Jong Un.

Persons: —, Ukraine's, Bruce Klingner, Kim Jong Un, Ali Wyne, Sari Arho Havrén, Trump, Ann Marie Dailey Organizations: Service, Council, Foreign Relations, European Union, EU, Bank, China, Heritage Foundation, North, Royal United Services Institute, RAND Locations: China, Russia, Ukraine, South, North Korea, EU, Beijing, North, Eurasia, Korea

☆ Apple Intelligence rollout could be an inflection point, says Futurum Group CEO's Daniel Newman
▼ + stars: | 2024-10-28 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailApple Intelligence rollout could be an inflection point, says Futurum Group CEO's Daniel NewmanCNBC’s Steve Kovach joins 'Power Lunch' with Daniel Newman, Futurum Group CEO, to discuss the initial rollout of Apple's Apple Intelligence features.

Persons: CEO's Daniel Newman, Steve Kovach, Daniel Newman Organizations: Apple Intelligence, Futurum, Apple's Apple Intelligence

☆ Wall Street braces for a Trump or Harris presidency. Here's what that means for your portfolio.
▼ + stars: | 2024-10-28 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

In today's big story, the first of our five-part refresher series on the potential impact Donald Trump and Kamala Harris presidencies could have on US consumers. Business Insider's Matthew Fox detailed how Wall Street sees former President Donald Trump and Vice President Kamala Harris affecting the investment landscape if they win the White House. One of the biggest areas where Harris and Trump differ is their proposed tax policies, which are believed to have big impacts on stocks. AdvertisementTrump's universal tariffs proposal is also viewed as having a big impact. It's a big week for Apple.

Persons: —, Donald Trump, Kamala Harris, Jenny Chang, Rodriguez, Matthew Fox, Harris, Trump, it's, Alyssa Powell, Joe Biden, Steve Sosnick, Neil Dutta, Goldman Sachs, Morgan Stanley, Rebecca Zisser, Elon Musk, James Yates, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Grace Lett, Amanda Yen, Milan Sehmbi Organizations: Business, Service, Getty, BI, White, Bank of America, Interactive Brokers, JPMorgan, Twitter, Elon, Apple, Apple Intelligence, iOS, Venture, Ford Motors, MLB, LA Dodgers, New York Yankees, Forbes Locations: It's, New York, London, Chicago

☆ Arm CEO says AI growth is being limited by finding enough talent: 'I need more engineers'
▼ + stars: | 2024-10-28 | by ( Jaures Yip | ) www.businessinsider.com time to read: +4 min

Arm CEO Rene Haas said in a recent interview that he needs more engineers to drive AI growth. Companies are aggressively recruiting top AI talent, with some offering lucrative compensation. AdvertisementThe AI train is running at full steam, but Arm CEO Rene Haas believes there's one thing they need to keep it moving — more engineers. The comments from Arm and its CEO highlight how the generative artificial intelligence boom following ChatGPT's launch nearly two years ago has led to a talent war for top AI engineers and researchers. Related storiesA limited pool of researchers and candidates with experience in areas like machine learning and data engineering has allowed AI talent to become more selective when evaluating job offers.

Persons: Rene Haas, —, Haas, Sam Altman, Mark Zuckerberg, Ram Srinivasan, JLL Organizations: Service, Bloomberg, SEC, Competition Locations: British, PwC

☆ Apple releases Apple Intelligence. Here's how to get it on your iPhone
▼ + stars: | 2024-10-28 | by ( Kif Leswing | ) www.cnbc.com time to read: +3 min

Manuel Orbegozo | ReutersApple on Monday released iOS 18.1, an update that includes the company's artificial intelligence, called Apple Intelligence, for the iPhone 16 and iPhone 15 Pro. "Given the staggered launch of Apple Intelligence, we expect iPhone demand to pick up post initial release of Apple Intelligence in late Oct," Bank of America Securities analyst Wamsi Mohan wrote in an Oct. 25 note. Opt inYou need an iPhone 15 Pro, iPhone 15 Pro Max or any iPhone 16 model to install and use Apple Intelligence. You also need to turn it on by asking for access to Apple Intelligence in the Settings app. Zoom In Icon Arrows pointing outwards Apple Intelligence can summarize important emails inside the Mail app.

Persons: Tim Cook, Steve Jobs, Manuel Orbegozo, Siri, Wamsi Mohan Organizations: Apple, Steve, Reuters Apple, Apple Intelligence, Nvidia, Apple Inc, iOS, " Bank of America Securities Locations: Cupertino , California

☆ Apple can't sell the new iPhone in the world's 4th most populous country
▼ + stars: | 2024-10-28 | by ( Polly Thompson | ) www.businessinsider.com time to read: +3 min

Apple has been banned from selling the iPhone 16 in Indonesia. Apple's share of the Indonesian market has grown to around 10% in recent years. AdvertisementThe Indonesian government has blocked Apple from selling its latest iPhone 16 in the country because it does not meet local regulations. The ministry said 9,000 iPhone 16 products had already entered the country. Of the 235 million smartphones Apple sold globally last year, the company only sold about 3.4 million in Indonesia, the FT reported.

Persons: Apple hasn't, —, Apple, Tim Cook, Joko Widodo Organizations: Apple, Service, Indonesia's Ministry of Industry, Ministry of Industry, Indonesian, Anadolu, Getty, Apple Intelligence Locations: Indonesia, Indonesian, China

☆ Google reportedly paid $2.7 billion for a deal with Character.AI. Now, it's entangled in a lawsuit over a teen's suicide.
▼ + stars: | 2024-10-28 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +6 min

A mother is suing Character.AI after her son died by suicide moments after talking to its chatbot. Character AI's founders were re-hired by Google as part of a deal reportedly worth $2.7 billion. Garcia blames the chatbot for her son's death and, in the lawsuit against Character.AI, alleged negligence, wrongful death, and deceptive trade practices. AdvertisementAjder also said Character.AI had faced some public criticism over its chatbot before Google closed the deal. A Google spokesperson told Reuters the company was not involved in developing Character.AI's products.

Persons: Character.AI, —, Sewell Setzer, Megan Garcia, Garcia, Setzer, Jain, Megan Garcia's, Character.AI Character.AI, Noam Shazeer, Daniel De Freitas, Shazeer, De Freitas, Henry Ajder, wasn't, Ajder, it's Organizations: Google, Service, Business, BI, Tech, Law Project, Trust, Safety, Prevention, Street Journal, Reuters Locations: Character.AI

☆ Cramer says to not trade big winners ahead of earnings
▼ + stars: | 2024-10-28 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer on Monday discouraged investors from making any moves in high-value stocks ahead of earnings reports, especially in Big Tech — which will be viewed with intense scrutiny. "No one on Wall Street knows what any of the quarters will look like, except for the principals," he said. For example, he described why it's difficult to trade Alphabet based on earnings, saying that often some data in the Google parent's quarter fails to impress Wall Street. And according to Cramer, many on Wall Street will carefully examine each tech giant's spending on data centers and Nvidia products. "I am indeed trying to discourage you from trading these stocks ahead of the quarters.

Persons: CNBC's Jim Cramer, Cramer Organizations: Big Tech, Google, Microsoft, Apple, Nvidia Locations: China, It's

☆ Stocks making the biggest moves midday: Taiwan Semiconductor, On Semi, Delta Air Lines and more
▼ + stars: | 2024-10-28 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +4 min

Robinhood — The fintech stock rose less than 3% after it said Monday that users will have the chance to trade a Kamala Harris or Donald Trump contract ahead of next week's presidential election. ON Semiconductor — The semiconductor product maker rose 5% after third-quarter earnings and revenue topped analyst estimates. Nutanix — The cloud infrastructure stock rose 4% following an upgrade to overweight from equal weight at Morgan Stanley. Moderna — Shares jumped after Moderna and Merck said they initiated a phase 3 trial investigating a treatment for non-small cell lung cancer. Moderna shares advanced 3.9%, while Merck was slightly higher.

Persons: Wells, Steven Cahall, Kamala Harris, Donald Trump, Israel, FactSet, Eugene Hsiao, Wolfe, Roy Jakobs, Nutanix, Morgan Stanley, Meta Marshall, Merck, Timothy Wojs, Aaon, — CNBC's Sean Conlon, Michelle Fox, Alex Harring, Sarah Min, Pia Singh Organizations: Spotify, U.S . Occidental Petroleum, Exxon, BP —, Citi, McDonald's, Taiwan Semiconductor Manufacturing, Huawei, Reuters, The U.S, Delta Air Lines, CrowdStrike, Honeywell —, Philips —, —, Moderna, Merck, Baird Locations: China, Atlanta

Search resuls for: "Intelligence"

25 mentions found