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☆ Microsoft to roll out new autonomous AI agents next month, fending off challenge from Salesforce
▼ + stars: | 2024-10-21 | by ( Ryan Browne | ) www.cnbc.com time to read: +5 min

Starting next month, they'll move into public preview, meaning more organizations can start building AI agents of their own. AI agents can act as virtual workers that can carry out a series of tasks without supervision. Microsoft demonstrated how its autonomous AI agents work. Competition is fierceMicrosoft is doubling down on AI agents at a time when competition is intensifying up in the red-hot artificial intelligence space. Microsoft 365 Copilot is a service offered by the tech giant that embeds generative AI into its suite of productivity apps.

Persons: Satya Nadella, Dimas Ardian, they'll, Jared Spataro, Salesforce, Zahra Bahrololoumi, —, Bahrololoumi, I'm, Marc Benioff Organizations: Bloomberg, Getty, Microsoft, Copilot, Dynamics, McKinsey, CNBC, Crown Commercial Service Locations: Jakarta, Indonesia, Salesforce, London, U.S, San Francisco, Ireland, Copilot

☆ Nvidia, Google, Microsoft and more head to Las Vegas to tout health-care AI tools
▼ + stars: | 2024-10-19 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +4 min

Costfoto | Nurphoto | Getty ImagesNvidia , Google , Microsoft and dozens of other tech companies are descending on Las Vegas next week to showcase artificial intelligence tools they say will save doctors and nurses valuable time. Based on the speaking agenda and announcements leading up to the conference, AI tools to conquer administrative burdens will be the star of this year's show. Tech companies, eager to carve out a piece of a market that could top $6.8 trillion in spending by the decade's end, argue that their generative AI tools can help. Josh Edelson | AFP | Getty ImagesGoogle, for instance, said it's working to expand its health-care customer base by tackling administrative burden with AI. Vertex AI Search for Healthcare allows developers to build tools to help doctors quickly search for information across disparate medical records, Google said.

Persons: Alex Schiffhauer, Josh Edelson, Satya Nadella, Dimas Ardian, DAX Copilot, that's, Shiv Rao, Abridge Organizations: Nurphoto, Getty, Nvidia, Google, Microsoft, Las, CNBC, Mercer, Tech, AFP, Healthcare, Google's, Bloomberg Locations: Hangzhou, China, Las Vegas, Mountain View , California, Jakarta, Indonesia

☆ UK regulator warns of big fines, service suspensions for tech giants ahead of new safety rules
▼ + stars: | 2024-10-17 | by ( Ryan Browne | ) www.cnbc.com time to read: +2 min

The Online Safety Act includes sweeping new rules that will force large tech firms to do more to combat illegal content online. Over the past six months, Ofcom has consulted on its codes and guidance for illegal harms, pornography age verification and children's safety. The regulator added that, while these are positive steps, more changes will be needed wen the Online Safety Act comes into force. From December this year, Ofcom will publish first edition illegal harms codes and guidance. Tech platforms will then have three months to complete an illegal harms risk assessment.

Persons: it's Organizations: — Technology, Ofcom Locations: British

☆ CNBC Daily Open: Bullish sentiment and broadening rally – plenty to like about markets
▼ + stars: | 2024-10-16 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +3 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Breather from rally U.S. markets fell Monday, weighed down by a drop in semiconductor stocks and a 8.1% slide in UnitedHealth . Tech stocks fell 6.36%, while telecoms stocks rose 1.97%. Indeed, San Francisco Fed President Mary Daly, who's a member of the Federal Open Market Committee this year, noted that the central bank is "a long way from where [rates are] likely to settle."

Persons: ASML, there's, They're, Michael Hartnett, Mary Daly, who's, Dow, Piper, Craig Johnson, –, Jeff Cox, Samantha Subin, Yun Li, Lisa Kailai Han, Alex Harring Organizations: New York Stock Exchange, CNBC, UBS, Tech, ASML's, Bloomberg, Nvidia, AMD, Semiconductor, Nasdaq, Dow Jones, Dow, Survey, U.S . Federal Reserve, San Francisco Fed, Federal Locations: New York City, U.S, Tuesday's, Netherlands, ., Beijing

☆ Stock futures are little changed after S&P 500 slips from record highs: Live updates
▼ + stars: | 2024-10-15 | by ( Jesse Pound | ) www.cnbc.com time to read: +1 min

Stock futures were calm on Tuesday evening as Wall Street looks to see whether equities can be rebound to record highs this week. Futures tied to the S&P 500 were flat. Nasdaq 100 futures ticked up by less than 0.1%, while Dow Jones Industrial Average futures added just 2 points. The Dow and S&P 500 both slipped from their recent records during Tuesday's regular trading session, falling 0.75% and 0.76%, respectively. Tech stocks – semiconductors, in particular – weighed on the S&P 500 and the Nasdaq.

Persons: Bryn Talkington, Morgan Stanley Organizations: Dow Jones Industrial, Dow, Nasdaq, Tech, Nvidia, Management, UnitedHealth, Abbott Laboratories

☆ We still have this lagging chipmaker on our buy list as the stock market pushes to more new highs
▼ + stars: | 2024-10-14 | by ( Jeff Marks | ) www.cnbc.com time to read: +3 min

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. 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. Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street.

Persons: Jim Cramer, Morgan Stanley, Wells, Stocks, Lisa Su, Su didn't, Goldman Sachs, Johnson, Jim Cramer's, Jim Organizations: CNBC, Dow, Nasdaq, Monday, Tech, Energy, Wells, Nvidia, AMD, Citigroup, Bank of America, United Health, Walgreens, Abbott Laboratories, Jim Cramer's Charitable Locations: Friday's, China

☆ Biden is going after corporate giants for being too big. Here's who he's targeted so far.
▼ + stars: | 2024-10-13 | by ( Katie Balevic | ) www.businessinsider.com time to read: +6 min

Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . "This is definitely a different agenda than previous presidents," Rebecca Allensworth, an antitrust expert at Vanderbilt University, told Business Insider. AdvertisementHere are some of the biggest companies Khan and Biden have targeted. "I think there's a reason why they have one big monopolization case, at least, against each of the four major American tech companies," Allensworth told BI.

Persons: Joe Biden's, Biden, —, Joe Biden, Rebecca Allensworth, Kamala Harris, Lina Khan, Khan, Rafael Henrique, Merrick Garland, Alain Jocard, Sundar Pichai, Justin Sullivan, Jeff Bezos, EMMANUEL DUNAND, WhatsApp, Allensworth, it's Organizations: Google, Apple, Meta, Microsoft, Service, Vanderbilt University, Big Tech, Federal Trade Commission, Nvidia, OpenAI, Department of Justice, The New York Times, FTC, Getty, Justice Department, Nation Entertainment, Prosecutors, DOJ, The, Department, Amazon, Tech, JetBlue, Spirit Airlines, Albertsons Companies Locations: OpenAI

☆ Earnings will drive the stock market in the week ahead. That's a good thing
▼ + stars: | 2024-10-13 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +7 min

In Friday's look at wholesale inflation, the producer price index was unchanged month over month . We'll hear from Club holdings Morgan Stanley and Abbott Laboratories on Wednesday morning. Morgan Stanley: The ongoing recovery in investment banking will be front and center. That was a key theme in the second quarter , and the hope is that the July-to-September period showed a continuation of the trend for Morgan Stanley. Morgan Stanley has been strong lately, though.

Persons: Jim Cramer, Jim, Gamble, — Wells, industrials, Goldman Sachs, ASML, Morgan Stanley, Morgan Stanley's, Louis, Abbott, Charles Schwab, Johnson, JB Hunt, Kinder Morgan, Huntington, Jim Cramer's, Charly Triballeau Organizations: Club, Dow Jones, Nasdaq, Procter, Federal, JPMorgan, —, Tech, . Utilities, UnitedHealth, Taiwan Semiconductor Manufacturing, Abbott Laboratories, Abbott Labs, NEC, Abbott, Food and Drug Administration, Walgreens Boots Alliance, Citigroup, Bank of America, United Airlines, Interactive, US Bancorp, Citizens, Alcoa, PPG Industries, CSX, Truist, Netflix, Crown Holdings, American Express, Gamble, CNBC, New York Stock Exchange, Financial, Afp, Getty Locations: Wells, U.S, Wells Fargo, St, Taiwan, New York City

☆ Stock market next week: Earnings season ramps up with more big bank results
▼ + stars: | 2024-10-11 | by ( Sarah Min | Nicole Teo | ) www.cnbc.com time to read: +6 min

And, with earnings season set to ramp up, that could mean further gains. Already, on Friday, JPMorgan Chase and Wells Fargo were rallying in midday trading after reporting their latest results this week, an auspicious start to the earnings season. A strong earnings season Earnings results next week will be dominated by reports from the banking sector, giving investors further insight into the health of the capital markets as well as the consumer. Several regional banks are also set to announce how they did in the most recent quarter as well, such as PNC Financial Services Group and Citizens Financial Group. Even so, investors are optimistic about the outlook for corporate profits this earnings season, especially with expectations having come down.

Persons: what's, Oppenheimer, Wells Fargo, Charlie Ashley, Ashley, Goldman Sachs, Morgan Stanley, Ross Mayfield, Catalyst's Ashley, Baird's Mayfield, Mayfield, Charles Schwab, Huntington Bancshares Organizations: Dow Jones, Tech, Nvidia, JPMorgan Chase, Traders, Federal Reserve, Catalyst Funds, Nasdaq, Ashley . Bank of America, PNC Financial Services Group, Citizens Financial Group, Private Wealth Management, Treasury, Columbus, Columbus Day, Index, United Airlines, Hunt Transport Services, Citigroup, State, Goldman Sachs Group, Walgreens Boots Alliance, Johnson, Bank of America, PNC Financial Services, UnitedHealth, Price, PPG Industries, Steel Dynamics, Discover Financial Services, CSX, Abbott Laboratories, U.S . Bancorp, Financial Group, Philadelphia Fed, Retail, Manufacturing, Netflix, T Bank Corp, Elevance, Truist, Blackstone, Housing, Schlumberger, Procter, Gamble, Fifth Third Bancorp, Regions Financial, American Express Locations: Ashley, bullish, Prologis, NAHB

☆ Why the U.S. government is investigating Google
▼ + stars: | 2024-10-10 | by ( Carlos Waters | In Carloswaters | ) www.cnbc.com time to read: +3 min

Google, the online search and digital ad goliath, is the first U.S. tech giant to land in federal court fighting antitrust concerns in decades. Google controls an estimated 88% of the market for general search online, according to the August opinion from Judge Mehta. And late in 2023, a jury delivered a guilty verdict against Google in a trial about business practices related to the Google Play app store. In September 2024, Epic filed an additional antitrust lawsuit against Google and Samsung, alleging that the company continued to use its monopoly power to unfairly harm competition. Watch the video above to see why the U.S. government is investigating Google.

Persons: Amit Mehta, Judge Mehta, Bing, Lee Hepner, Nikolas Guggenberger, Gene Munster Organizations: Google, U.S, District of Columbia, Justice Department, American Economic Liberties, Epic Games, Samsung, University of, Deepwater Asset Management, CNBC Locations: U.S

☆ Big backer of Nvidia heaps on praise after the recent stock rally. Where we stand now
▼ + stars: | 2024-10-10 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +4 min

Morgan Stanley has a buy-equivalent rating on the Club stock and a price target of $150 a share, implying 13% upside from Wednesday's close. If artificial intelligence models are tasked with completing more complicated tasks, that could play into Nvidia's hands over time, Morgan Stanley reasoned. Several positive updates on AI adoption last month helped Nvidia's stock mount the comeback, which has completely erased a severe post-earnings slide that began Aug. 28 . More recently, Nvidia CEO Jensen Huang has touted "insane" demand for Blackwell . Nvidia CEO Jensen Huang talks onstage with Salesforce CEO Marc Benioff during Salesforce's Dreamforce on September 17, 2024 in San Francisco, California.

Persons: Morgan Stanley's, Jensen Huang, Morgan Stanley, Nvidia's, Morgan, Jim Cramer, Jim Cramer's, Jim, Marc Benioff, Salesforce's Dreamforce, Justin Sullivan Organizations: Nvidia, Club, Blackwell, Tech, Microsoft, Nasdaq, Google, Apple, Devices, Broadcom, CNBC, Getty Locations: —, San Francisco , California

Hurricane Milton makes its way toward Florida. Hurricane Milton plows toward FloridaFlorida is, once again, bracing for a direct hit as Hurricane Milton approaches the state and the window to evacuate closes. A storm surge of up to 15 feet is forecast along a stretch of the coast that includes Tampa, St. Petersburg and Sarasota. Florida is especially vulnerable to storm surge because “it doesn’t take much to push water over land that would be dry,” said Cody Fritz, the Storm Surge Unit Team Lead at the National Hurricane Center. “Where?”Follow our live blog for the latest forecasts and information about Hurricane Milton.

Persons: Milton, Harris, Trump, Hurricane Milton, ”, Cody Fritz, Helene, they’re, “, ‘, ’ ”, Mark Prompakdee, Read, Sen, Sherrod Brown, Chuck Todd, Elon Musk, Josh Shapiro, Musk, Trump’s Butler, Benjamin Netanyahu, Lloyd Austin, Yoav Gallant, Joe Biden, Lisa Marie Presley, it’s Grazer, Ethel Kennedy, Robert F, Kennedy, Tama, David Ingram, — Elizabeth Robinson, Elizabeth Robinson Organizations: NBC, National Hurricane Center, Storm Surge, Twin, NBC News, Hurricane, More Hurricane Milton, Trump, Democratic, Trump ”, Saints, Republicans, White, Tech, Pennsylvania Gov, Washington D.C, U.S . Defense, Israeli, ISIS, Border Patrol, Biden, Alaska Locations: Florida, Arizona, Hurricane, Florida Florida, Tampa, St, Petersburg, Sarasota . Florida, St . Petersburg, Twin City, Hurricane Milton, More, battlegrounds, Phoenix, Utah, Ohio, Trump’s Butler , Pennsylvania, Washington, U.S, Iran, Afghan, Oklahoma, America, San Francisco

☆ Who will win the robotaxi race? Tesla, Waymo, or Uber?
▼ + stars: | 2024-10-09 | by ( Alistair Barr | ) www.businessinsider.com time to read: +7 min

Today, consumers open the Uber app because they know there will likely be loads of cars nearby to pick them up. And drivers come to Uber because they know there will be many riders waiting and willing to pay. Uber doesn't buy and maintain cars. AdvertisementA robotaxi futureWhat happens if Tesla and Waymo driverless cars replace human drivers? It has already struck deals with Waymo and Cruise, another AV company, to have their driverless cars be part of the existing Uber rideshare network.

Persons: Tesla's, Elon, Uber, Uber doesn't, Tesla, Bernstein, Lyft, Waymo, Ben Thompson, Thompson, Dara Khosrowshahi Organizations: Google, Tech, Waymo

☆ CNBC Daily Open: Opportunity in October’s choppiness for stocks
▼ + stars: | 2024-10-09 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Both West Texas Intermediate and Brent futures retreated 4.63% during U.S. trading hours Tuesday, halting the red-hot rally oil prices have experienced the past week. The central bank's likely to make another half-point cut in November, Paul Bloxham, HSBC's chief economist for Australia and New Zealand, told CNBC. On the back of such turbulence, CNBC Pro asks two strategists whether now's the time to invest in China.

Persons: It's, Paul Bloxham, HSBC's Organizations: Central, CNBC, Technology, Nasdaq, Google, U.S . Department of Justice, U.S, The New York Times, West Texas Intermediate, Brent, Reserve Bank of New, CSI, CNBC Pro Locations: New York, United States, Jerusalem, Israel, Zealand, Reserve Bank of New Zealand, Australia, New Zealand, China

☆ Recession fears are fading. Now it’s time for America’s companies to back that up
▼ + stars: | 2024-10-09 | by ( Krystal Hur | ) edition.cnn.com time to read: +4 min

New York CNN —Hopes for avoiding a recession are growing on Wall Street. Now, investors are looking to the upcoming earnings season for clues about the US economy’s health. The earnings season begins in earnest Friday with quarterly updates from big banks including JPMorgan Chase, Wells Fargo and BlackRock. Wall Street will also parse the September Consumer Price Index report and wholesale inflation figures due later this week. Wall Street will also eye developments from the tech companies whose mammoth stock returns have helped power this year’s bull market.

Persons: Motors, “, ”, Sarah Henry, Wells, Mark Malek, Siebert, Dave Sekera Organizations: New, New York CNN, Economic, PepsiCo, Conagra Brands, Logan Capital, JPMorgan Chase, Federal Reserve, Tech, “, FactSet, Apple, Nvidia, Communication, Morningstar Locations: New York, Wells Fargo, BlackRock

☆ As AI innovation takes hold, business leaders need to think cross-functionally and keep learning, says Maggie Hulce, Indeed's chief revenue officer
▼ + stars: | 2024-10-09 | by ( Julia Hood | ) www.businessinsider.com time to read: +8 min

Maggie Hulce is Indeed's chief revenue officer and a member of BI's Workforce Innovation board. Cross-functional understanding, Hulce said, is an essential skill for today's C-suite as executives navigate the innovation juggernaut of artificial intelligence. How are you and other business leaders driving AI adoption in companies? You can have lots of different functional leaders who grew up in and have expertise in their function — but when you're solving customer problems, you're solving operational problems. These are customer problems, end to end.

Persons: Maggie Hulce, —, Hulce, Chris Hyams, it's Organizations: Service, Business, Pathfinder, Companies, Technology

☆ Why the interest-rate cut isn't delivering the relief consumers were hoping for
▼ + stars: | 2024-10-09 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

In today's big story, we got our first interest-rate cut, but it doesn't feel like it for many consumers . We finally got an interest-rate cut, but borrowing costs are still high. First off, last month's interest-rate cut wasn't going to provide immediate relief. Yes, the average 30-year fixed mortgage rate has gone up 47 basis points since the Fed cut rates , writes BI's Matthew Fox. So the Fed cut rates but borrowing costs went up?

Persons: —, Milton, Alyssa Powell, isn't materializing, Jennifer Sor, Let's, BI's Matthew Fox, I'm, It's, BI's James Rodriguez, who's, Warren Faidley, Hurricane Milton, Hindenburg, Chelsea Jia Feng, Vinod Khosla, OpenAI, Mark Zuckerbergs, Gen Zers, haven't, Rebecca Zisser, Elon Musk's, Tesla, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Milan Sehmbi, Amanda Yen Organizations: Business, Service, Gas, Hindenburg, Tech, DOJ, Google, Walt Disney World, Hurricane Milton, Federal Reserve, Fed, Treasury, Hurricane, Energy, Futures, Bank of America, Disney Locations: Florida, Warren, Tampa, Chelsea, Robotaxi, Hurricane, New York, London

☆ Oil falls and Palo Alto pops — plus, the 2 stocks on our buy list Tuesday
▼ + stars: | 2024-10-08 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. The Club stock is up nearly 5% after Goldman Sachs put a new Street high price target of $425 a share on the cybersecurity provider. 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, we've, downgrades, Goldman Sachs, we're, We're, Helen of Troy, Jerome Powell, Jim Cramer's, Jim Organizations: CNBC, ., Stocks, Microsoft, Palo Alto Networks, The, Procter & Gamble, Honeywell International, Constellation Brands, Honeywell, Corona, Revlon, Hydro, Federal, Jim Cramer's Charitable Locations: China, Palo Alto

☆ Apple could launch a ring to rival Samsung by 2026, research firm predicts
▼ + stars: | 2024-10-08 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +1 min

In this article AAPL Follow your favorite stocks CREATE FREE ACCOUNTApple CEO Tim Cook gestures during the annual developer conference event at the company's headquarters in Cupertino, California, U.S., June 10, 2024. Carlos Barria | ReutersApple could launch a connected ring to rival Samsung by 2026, according to CCS Insight, adding to the U.S. tech giant's focus on health. In fact, I would go so far as to say, at the point that Tim Cook decides to relinquish control and he retires ... "Given how deeply and personally invested Tim Cook is in health, I think that a ring is a very complimentary extension to Apple," he said, referring to Apple CEO Cook. Similar to smartwatches, a smart ring is embedded with various sensors to track health metrics like heart rate.

Persons: Tim Cook, Carlos Barria, Ben Wood, CNBC's, Cook, Wood Organizations: Reuters Apple, Samsung, CCS Insight, Apple, Apple Watch, Samsung Galaxy, South Locations: Cupertino , California, U.S, Cupertino, South Korean

☆ Earnings season kicks off after a blowout jobs report upended investors' hopes of another interest-rate cut
▼ + stars: | 2024-10-07 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

Tech: Amazon's Prime Day kicks off tomorrow, and there are some deals on surprising items . Amazon's Prime Day kicks off tomorrow, and there are some deals on . Getty Images; Jenny Chang-RodriguezWe've already got one indication companies are in good shape: Friday's blockbuster jobs report . But another blowout report — 250,000 jobs added and at least 4% wage growth — could lead the Fed to reconsider its easing policy. In addition to the usual Prime Day gadgets, like TVs and Airpods, Amazon is dishing out deals on tents, pocket knives, and chainsaws.

Persons: —, Jenny Chang, Rodriguez, Matthew Fox, we'll, Rodriguez We've, there's, Philipp Carlsson, Chelsea Jia Feng, haven't, Donald Trump's, Tyler Le, John Tomac, that's, boomers, They're, Gen Xers, Gen Zers, Kamala Harris, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Grace Lett, Amanda Yen, Milan Sehmbi Organizations: Business, Service, . Tech, Amazon's, Pfizer, Wall Street, JPMorgan, Wells Fargo, Big Tech, Getty, Fed, Boston Consulting, Trump Media, Microsoft, BI, pharma, CBS, ASEAN Locations: Israel, fintech, Vientiane, Laos, New York, London, Chicago

☆ Why so many entry-level jobs aren't entry-level
▼ + stars: | 2024-10-06 | by ( Tim Paradis | ) www.businessinsider.com time to read: +10 min

"That's really frustrating for entry-level job seekers like me," Goyenka told Business Insider. AdvertisementShe told BI that the volume of vacancies for entry-level tech roles has been declining for about three years in several countries where Generation operates. Generation found in a survey that 94% of employers required that applicants for entry-level tech jobs have experience working in a related field. Beyond raising their standards for entry-level positions, some employers in various industries simply aren't posting as many of these jobs. In a prior role, he spent more than 15 years filling staff-level tech jobs.

Persons: —, Goyenka, He's, Daniel Zhao, Mona Mourshed, they've, Mourshed, Jason Henninger, Heller, Henninger, Corey Moss, Pech, Moss, It's, Jennifer Neef, Neef, Rod Danan Organizations: Service, Business, Glassdoor, LinkedIn, Arizona State University, BI, Employers, Florida State University, University of Illinois, Illini, Tech, Arizona State grad Locations: Bellevue , Washington, Urbana, Champaign

☆ Google Search's new AI makeover is the latest change the rest of the internet needs to navigate
▼ + stars: | 2024-10-04 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

In today's big story, Google Search is going to look a whole lot different thanks to generative AI . According to Rhiannon Bell, the vice president of user experience for Google Search, it's a "pretty dramatic shift from where we were before." AdvertisementAnd yes, in case you were wondering if it was coming, Google is going to start putting ads in its AI Search results — but only when Google deems them relevant. Google's new AI-organized search results GoogleSearch's revamp addresses a big concern for the rest of the internet. One survey conducted earlier this year found 60% of people who used Google's AI search found it more effective than non-AI powered Search.

Persons: —, Morgan Stanley, Tyler Le, Hugh Langley, Tech's, Hugh, Rhiannon Bell, Gen, Jenny Chang, Rodriguez, Ned Davis, Kalshi, Andy Jassy F, Carter Smith, Chelsea Jia Feng, Andy Jassy, Marc Andreessen, he's, Alyssa Powell, dockworkers, hasn't, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Milan Sehmbi, Amanda Yen Organizations: Business, Service, Costco, Tech, Google, Getty, Ned, Ned Davis Research, CFTC, Bloomberg, Getty Images, Amazon, LinkedIn, YouTube, EU . US Department of Labor Locations: China, San Francisco, EU, New York, London

☆ I'm a computer science professor at UC Berkeley. Tech jobs are drying up and graduates are no longer guaranteed a role.
▼ + stars: | 2024-10-04 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +5 min

James O'Brien is a UC Berkeley professor who says tech graduates struggle to secure top jobs. O'Brien says we need to embrace universal basic income as AI shrinks the job market. AdvertisementThis as-told-to essay is based on a transcribed conversation with James O'Brien, a professor at the University of California, Berkeley. There's still demand for people, and some people are getting jobs, but not across the entire industry. AdvertisementThere are also people coming from other schools that don't have quite the strong reputation that Berkeley does, and they're not getting job offers at all.

Persons: James O'Brien, O'Brien, —, I've, It's, it's, they're, that's Organizations: UC Berkeley, Service, University of California Locations: Berkeley

☆ CNBC Sport: A responsible look at women's sports exuberance
▼ + stars: | 2024-10-03 | by ( Alex Sherman | In Alex-Sherman | ) www.cnbc.com time to read: +28 min

Media landscape shifts Most of the value in professional sports is propelled by media rights deals, and we're in an unusual sweet spot right now for sports. Still, gaining access to 11 teams' media rights is probably in the league's long-run best interest. You have the WNBA rights term worth $2.2 billion over 11 years with league expansion going from 12 to 15 teams. Media landscape shifts Most of the value in professional sports is propelled by media rights deals, and we're in an unusual sweet spot right now for sports. Still, gaining access to 11 teams' media rights is probably in the league's long-run best interest.

Persons: Alex Sherman, Jeff Zucker, Patrick Whitesell, Zucker, Scripps –, it's, Alex Michael, he's, Michael, they're, There's, Caitlin Clark, Michael said, weathers, AEW, I'm, Tony Khan —, he'd, Khan, US Networks Kathleen Finch, Max, hasn't, Finch, Rob Manfred, doesn't, CNBC's Lillian Rizzo, Craig Kilborn, Barrett, Jackson, Caitlin Clark's, You've, Soccer League's Nielsen, Tom Brady, Father, Brady, Jess Golden, Michael Jordan, Libs, Jim France, OneFootball, Lionel Messi, Jessica Pegula, CNBC's, Venu, Fubo, Venu …, Nike, Matthew Friend, John Donahoe, Elliott Hill, Sabrina Ionescu –, Jane Hali, Jessica Ramirez, AE1, Gabrielle Fonrouge, Ariel Atkins, DiDi Richards, Craig Hudson Organizations: CNBC, Endeavor, WNBA, NCAA, National Women's Soccer League, Amazon, CBS, ESPN, Scripps, NBA, Fox, NBC, Apple, Google, MLS, Clark, Warner Bros ., TNT, TBS, Warner Bros, Discovery, US Networks, Diamond Sports Group, U.S, Bankruptcy, Southern, Southern District of, Major League Baseball, Atlanta Braves, MLB, Holdings, UFC, WWE, WME Sports, ATP, Miami, NCAA Women's, Soccer, Angel City FC, NFL, Premier League, Netflix, Tech, CNBC Sport, Father Time, NASCAR, Motorsports, Major League Soccer, American, NHL, Buffalo Sabres, Bills, Disney, International Center for Law & Economics, Nike, New York Liberty, Air Force, Air Jordan, League Men's NCAA, Gonzaga, Pac, West Coast Conference, FloSports, Sports, Indiana Fever, Washington Mystics, Capital, Washington , D.C, Washington Post Locations: York City, Southern District, Southern District of Texas, OpenBet, U.S, Kobe, Washington ,

☆ Digital bank Revolut slams Meta over approach to scams, says tech giant should compensate victims
▼ + stars: | 2024-10-03 | by ( Ryan Browne | ) www.cnbc.com time to read: +2 min

British financial technology firm Revolut on Thursday criticized Facebook parent company Meta over its approach to tackling fraud, saying the U.S. tech giant should directly compensate people who fall victim to scams via its social media platforms. In a statement, Woody Malouf, Revolut's head of financial crime, said that Meta's plans to tackle financial fraud on its platforms amount to "baby steps, when what the industry really needs is giant leaps forward." "These platforms share no responsibility in reimbursing victims, and so they have no incentive to do anything about it. Britain's Payments System Regulator had previously recommended a £415,000 maximum compensation amount for fraud victims, but backed down following backlash from banks and payment firms. The fintech firm published a report Thursday alleging that 62% of user-reported fraud on its online banking platform originated from Meta, down from 64% last year.

Persons: Revolut, Woody Malouf, Malouf, Meta, Revolut's Malouf, WhatsApp Organizations: Facebook, Meta, NatWest, Metro Bank, CNBC, Regulator, Consumer Security Locations: U.S, Meta

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