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☆ Tumblr is selling user data to train AI. Things could get weird.
▼ + stars: | 2024-02-28 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +3 min

Read preview404 Media reported that Auttomatic, the company that owns WordPress and Tumblr, is making a deal to provide data from their sites to help train OpenAI and Midjourney. The blog post says that Auttomatic's sites currently block AI crawlers, but when they start sharing data with the AI companies, they'll offer an opt-out from doing so in the future. Reddit has a $60 million-a-year deal to license its data to Google to train its AI. This can be controversial for some users, who feel uncomfortable about their content — on Tumblr, this is often personal writing or photography or art — being used to train AI. When platforms with user-generated content are selling that content to train AI, it feels, well, understandably weird.

Persons: —, Auttomatic, Sherlock Holmes fanfiction, Sherlock, Watson, Reddit, I'm, Midjourney Organizations: Service, Business, Google, Facebook

☆ The future of the US economy is in the South
▼ + stars: | 2024-02-28 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +4 min

If you're searching for the future of the American economy , look South. Population growth is among the key drivers of economic growth , and Americans are clustering in the South. The South had the highest job openings rate and the lowest unemployment rate of any region, per BofA. Houston's energy economy , Miami's proximity to Latin America and growing financial industry , Dallas's blossoming environment of diversified business behemoths, and Nashville's status as a healthcare and tech hub could position each of these Southern cities to thrive in the future. To varying degrees, some Southern cities are already seeing how high housing costs can plague an area with surging demand .

Persons: weren't, who've, Niall Ferguson, Barron's, Houston — Organizations: Service, Bank of America, Business, Texans, Dallas Fed, Houston Locations: Northeast, Midwest, West, Southern, United States, Carolina, Georgia, Florida, South Carolina, Texas, New York, San Francisco, Houston, Dallas, Nashville, Miami, Stanford, America, San Francisco , New York, Los Angeles

☆ When my oldest sister died suddenly, I moved to Houston to help out with my mom's care. I'm glad for this time with her.
▼ + stars: | 2024-02-28 | by ( Sheryl Nance-Nash | ) www.businessinsider.com time to read: +6 min

When my oldest sister died unexpectedly, my other sisters and I had to rethink my mom's care. I moved to Houston, too, to be closer to Mom and help take care of her. When my oldest sister died unexpectedly and tragically in 2020, the world turned upside down, including the plan for who would take care of our mom. My youngest sister Lorie was still in California, but lived a two-hour drive each way from our mom. My other two sisters and I had a decision to makeMe, Lorie, and our middle sister, Kai, who lives in Houston, did a Zoom and discussed what to do next.

Persons: —, Sharon, Lorie, Kai, that's, Houston, I've Organizations: Service, sis Locations: Houston, California, New York, Jamaica, Stanislaus County, Kai, Texas, United States

☆ A UPS worker who made $2,600 in one week explains how he did it
▼ + stars: | 2024-02-28 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

Adrian De La Torre, 30, is an Oregon-based package handler (also known as a pre-loader) who earns $21 per hour for the part-time role. De La Torre earned 51 hours of overtime pay just in time for Christmas. But, De La Torre said he "spent months preparing my mind and body" for the long workweeks. AdvertisementThe package handler said he's lost about 65 pounds since starting at the company four years ago. One UPS driver previously went viral online for his $2,400 paycheck, but he only worked 49 hours that week.

Persons: —, Adrian De La Torre, De La Torre, subreddit, he's, bro Organizations: Service, Business, De, BI, Teamsters, UPS Locations: Oregon

☆ Gen Z like 'safety capitalism.' It's a lot like what we have now but with more help for people who lose their jobs or get sick.
▼ + stars: | 2024-02-28 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +5 min

Gen Zers are less likely to take certain risks, which could be one reason they want more of a social safety net. If you ask many Gen Zers that question, they'll say the current social safety net is insufficient. AdvertisementSixty-five percent of Gen Zers think the government should provide a job to anyone who wants one, according to a Wake Forest survey of 2,000 Gen Zers and millennials conducted with YouGov in 2022. Exactly what, if any, changes the US should make to its social safety net is up for debate. Some young people may look to Europe, where countries generally have a larger social safety net than the US.

Persons: —, Zers, Christina Elson, Elson, millennials, Gen Zers, Gen, Z, it's, Charlie Munger, Munger Organizations: Service, Center, Wake Forest University, Wake, YouGov, Social Security Locations: American, Europe, Germany

☆ One New Yorker won $150,000 when she found out her landlord had been overcharging her. Now a bunch more tenants are using stabilization laws to get money back and pay cheaper rent.
▼ + stars: | 2024-02-28 | by ( Juliana Kaplan | Eliza Relman | ) www.businessinsider.com time to read: +13 min

AdvertisementAs TikTok becomes the new town square for all things economic transparency, the latest target of populist ire is New York City landlords. Several videos that have recently gone viral show viewers how to look into their rent histories and call out examples of potentially illegal hikes. Wait times for rent histories are now at 20 business days, up from 10 in late January, as a result of "social media activity." Klenkar has made TikToks about her old apartment and rent histories and has had "lots" of people reach out with their own rent histories. More may be on their way as New Yorkers seem to be requesting their rent histories en masse.

Persons: they've, —, Danielle —, Danielle, TikTok, it's, There's, they're, Allia Mohamed, She's, Mohamed, They've, he's, Carla —, Carla, Thomas Trutschel, Anna Klenkar, Klenkar, I've, Gothamist, DHCR, overcharge, Esteban Girón, shouldn't, It's Organizations: New York, Tenants, Service, Business, BI, Yorkers, New, US, Division, Housing, Community, Rent Administration, Rent, New York State Homes, Community Renewal, Tenant Union, Tenants PAC, Directors Locations: New York State, Cobble Hill, Brooklyn , New York, York City, New York, New York City, New, Washington Heights, Manhattan, Long Island City, Lower, Side, backpay

☆ Apple's EV exit shows the challenges of the once red-hot market
▼ + stars: | 2024-02-28 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

The ending is abrupt, but Apple's EV ambitions weren't easily realized. AdvertisementNurPhoto/Getty, Tyler Le/BIApple's departure shows how challenging the once red-hot EV market has become. In the long run, Apple's exit could even be spun as a win for the EV market. Less competition is rarely good, but some of Apple's employees could land at rival EV makers, providing a much-needed boost. OpenAI fires back at The New York Times.

Persons: Donald Trump, Nikki Haley, Tyler Le, Aaron Mok, weren't, Elon Musk, That's, Rivian, Spencer Platt, Mislav Matejka, Morgan Stanley's, Ellen Zentner, Zentner, Jamie Dimon, he's, Slaven, Jenny Chang, Rodriguez, Satya Nadella, It's, Reddit, isn't, Wendy's, Dan DeFrancesco, Hallam Bullock, Jordan Parker Erb Organizations: Republican, Apple, Bloomberg, Tesla, EV, Getty, Elon, Google, Microsoft, The New York Times, Times, Paramount, HP Locations: Michigan, China, New York, London

☆ 3 reasons why your spouse shouldn't be your best friend
▼ + stars: | 2024-02-27 | by ( Julia Pugachevsky | ) www.businessinsider.com time to read: +4 min

Making your partner your best friend is a new phenomenon in human history. AdvertisementWhether you've just been to a wedding or your Instagram feed, you've probably encountered someone's significant other being referred to as their best friend. While close friendship is a core part of all healthy romantic relationships, it's also really important to have friends — including your best friend — be separate from the person you share a bed, mortgage, or child with. "If things go south, as romantic relationships can, then you put all of your eggs in one basket." She shared the reasons everyone should have all kinds of meaningful friendships and relationships outside of their romantic partner.

Persons: Rhaina Cohen, —, it's, Cohen, isn't Organizations: Service

☆ 6 rules to follow to invest like Jim Cramer from when to buy and sell and when to be patient
▼ + stars: | 2024-02-27 | by ( Zev Fima | ) www.cnbc.com time to read: +11 min

On the other hand, if you find a great company with a broken stock, the price will eventually follow the strong fundamentals. We didn't see anything on the earnings release or hear anything on the conference call that led us to believe otherwise. Look no further than Danaher 's fourth-quarter earnings release and price reaction. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Jim Cramer, aren't, it's, Omaha Warren Buffett, Patience, Nelson Peltz, Jim, he's, isn't, Jim Cramer's Organizations: CNBC, Bulls, Microsoft, Nvidia, Palo Alto Networks, Palo Alto, Palo, Investors, GE Healthcare, Abbott Labs, Omaha, Disney, ESPN, Charitable Trust, Investing, Broadcom, VMware, Jim Cramer's Charitable Locations: New York City, GLP1, cybersecurity

☆ 4 reasons why Wall Street fears that Nvidia's hard-earned gains could go up in smoke
▼ + stars: | 2024-02-27 | by ( James Faris | ) www.businessinsider.com time to read: +8 min

In the last 15 months, Wall Street analysts have hailed generative AI as the most impactful innovation in decades and compared its theoretical impact to that of the internet. While the full impact of AI isn't clear yet, companies are under immense pressure to convince investors that they're not falling behind. "We can't envision any of these large cloud companies or consumer companies pulling back on AI spending anytime soon," Colello said. UBS"This is not always a harbinger of slowing revenue growth and a concentrated H200/B100 launch could be adding to near-term opex," Arcuri wrote in a recent note. AdvertisementDespite what Nvidia's recent performance suggests, Wall Street is notoriously tough to please.

Persons: —, Morgan Stanley, Steve Sosnick, Wedbush's Dan Ives, who's, Marcelli, they're, Sosnick, Brian Colello, Colello, They're, we're, Vivek Arya, Arya, Michael Landsberg, Landsberg, Jason Draho, Draho, Timothy Arcuri, Arcuri Organizations: Service, Wall Street, Business, Nvidia, Interactive, Bulls, Bank of America, Wedbush Securities, UBS, UBS Global Wealth Management, Morningstar, Landsberg Bennett, Wealth Management

☆ Viking stock doubled Tuesday. Here's where the next moves in the obesity space could come from
▼ + stars: | 2024-02-27 | by ( Christina Cheddar Berk | In | ) www.cnbc.com time to read: +8 min

VKTX YTD mountain Viking shares year to date Then, Viking shares more than doubled in trading on Tuesday, putting the stock on pace to report a more than 300% year-to-date gain, after the company said its GLP-1/GIP receptor agonist VK2735 hit all its primary goals in a phase 2 clinical trial. The Tema Cardiovascular and Metabolic ETF (HRTS) , which is up 12% year to date, owns Novo, Lilly and Viking. Still early days Some analysts and investors admit it is still very early days for obesity treatment and many questions remain to be answered. "We continue to expect above consensus growth in the space, as we are bullish on adoption from payers and broader obesity uptake," Meacham wrote. For obesity only, Lilly has already gained a 38% share, despite only being in the market for 13 weeks, he said.

Persons: Eli Lilly, Geoff Meacham, Meacham, Lilly, Yuri Khodjamirian, Khodjamirian, Jeff Jonas, Becton Dickinson, Novo, BofA's Meacham, What's, Tema's, it's, Gabelli's Jonas, he's, William Blair, Andy Hsieh, Hsieh Organizations: Novo Nordisk, Bank of America, Centers for Disease Control, Zealand Pharma, Viking Therapeutics, Zealand, Food and Drug Administration, Novo, Metabolic, Therapeutics, Pharmaceuticals, Rock, AstraZeneca, Roche, Gabelli Funds, FDA, Viking, Merck, Pfizer Locations: U.S, Tema, Novo Nordisk's, GLP, Lilly

☆ I'm 39, and I tell men I want to get married and have kids by the second date
▼ + stars: | 2024-02-27 | by ( Melissa Persling | ) www.businessinsider.com time to read: +5 min

I'd wonder how they could be so foolish as to divulge their innate longing for offspring at their advanced age. during a game of pool on a second date with a man drinking a light beer. I'm not exactly the ideal candidate for a man who wants to start a family the old-fashioned way. AdvertisementIn all honesty, dating at my age and with my goals requires patience and a healthy relationship with reality. In fact, I've spoken with and even dated several men who prefer dating women my age.

Persons: I'd, I'm, coy, Chad !, divorcés, Amal, George Clooney Organizations: pleasantries Locations: what's

☆ I dated my coworker. Then he broke up with me and became my boss.
▼ + stars: | 2024-02-27 | by ( Lara Sterling | ) www.businessinsider.com time to read: +9 min

While we didn't work together directly, I interacted with him sometimes. But even back then, I knew that dating a coworker was a bad idea. AdvertisementThough our company didn't forbid colleagues from dating one another, we both already sensed the taboo nature of our dalliance so we tried to keep it a secret. When you add in the chance of sexual harassment allegations, I would never recommend dating a coworker. Even if you work in different departments, dating a coworker is opening a Pandora's box of emotions that are difficult to navigate professionally.

Persons: —, Austin, peeking, we'd, Logic, Eros, didn't, It's, I've, I'm, you've, who've, haven't, Lara Sterling Organizations: Service, Business, Austin, Society for Human Resource Management Locations: Austin, Los Angeles

☆ God's Man in Washington
▼ + stars: | 2024-02-27 | by ( Mattathias Schwartz | ) www.businessinsider.com time to read: +34 min

Trump's departure from the White House hasn't stopped him from using the old administration's star power to fuel Capitol Ministries' growth. But regardless of what happens this coming November, Capitol Ministries is quickly becoming the face of American GOP-style evangelicalism around the world. Other than Ralph's wife, Danielle, and a few members of Capitol Ministries' administrative staff, the room was almost entirely men. Rick Perry spoke to Drollinger at Capitol Ministries' global summit in Washington, DC. And yet, on the question of whether and why to support Israel, Drollinger was indeed looking to Revelation for answers.

Persons: Cheyne, —, He'd, Christ, Rick Perry, Cheriss, Trump, Mike Johnson —, Ralph Drollinger, Drollinger, Alex Acosta, Perry, Acosta, Mike Pompeo, Betsy DeVos, Sonny Perdue, Ben Carson, Jeff Sessions, hasn't, Danielle, you've, Donald Trump, Capitol Ministries doesn't, Samson, Matthew, didn't, Volodymyr Zelenskyy, Rick, I'm, Ralph Drollinger's, Daniel Ortega, Ralph, he'd, Washington —, Ortega, Douglas Coe, Maria Butina, Joe Biden, forbearance, Bruce Westerman, Bruce Westerman of, Glenn, Thompson, George Washington, Fame, Mike Johnson, Benjamin Netanyahu, Johnson, Washington, Moses, I've, Westerman, I'd, Netanyahu, God, that's, he's, we're, That's, Israel, King David, wilder, MAGA, David Barton, WallBuilders, doesn't, George W, Bush, Donald Trump's, Mattathias Schwartz Organizations: Hill Club, Business, Israel, Mmm, Christ, Capitol Ministries, Capitol Hill, Capitol Ministries Bible, Trump Cabinet, BI, GOP, Capitol, White, Capitol Ministries ', Trump, NBA, of Energy, Trump's, American GOP, Pacific, BI Drollinger, Capitol Hill Club, Washington Hilton, Senate, Training, Liberty, Gettysburg, Capitol Ministry, NPR, United States Congress, Washington Bible, Republican, Democratic, Times, Wall Street Journal, Brown University Locations: Washington , DC, Arkansas, Hebrew, Israel, Gaza, Egypt, United States, Texas, Washington, Seoul, Kathmandu, Iowa, Rwanda, Ukraine, Washington ,, Drollinger, Nicaragua, California, Nicaraguan, Bruce Westerman of Arkansas, Pennsylvania, Philadelphia, schwartz79@protonmail.com

☆ I've been a celebrity stylist for over 10 years. Here are 10 things you'll never find in my closet.
▼ + stars: | 2024-02-26 | by ( Sandra Okerulu | ) www.businessinsider.com time to read: +7 min

I've been working as a celebrity stylist for over 10 years, and I've seen my share of bad trends. AdvertisementI've worked as a celebrity stylist for over a decade, so I've seen plenty of trends come and go — many of which will never make their way into my closet. Wedges are heavy, and the style isn't here to stayI'm 5-foot-9, and I love showing off my legs by wearing shoes that give my ankles a run for their money. If you think I'm wrong, trying packing them for a trip. But when I'm wearing colors, I feel bold, beautiful, and ready to face new challenges.

Persons: I've, I'm, —, Jessica Simpson, Sandra Okerulu, Crocs weren't, they're, I'd Organizations: Service, Air Force Locations: Tahiti

☆ A longtime Russia ally suspended participation in Putin's NATO rival after calling it ineffective
▼ + stars: | 2024-02-26 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +4 min

Armenia, formally a key ally of Russia, has suspended its participation in a Russia-led international alliance, according to its prime minister, Nikol Pashinyan. The Collective Security Treaty Organization, or CSTO, is considered Russia's equivalent to NATO, and Russian President Vladimir Putin hoped it could rival the Western military alliance. But splinters have emerged in the group since Russia invaded Ukraine, and Armenia has repeatedly challenged its usefulness. Pashinyan has frequently expressed frustration with Russia and the CSTO in recent years, accusing the alliance of being ineffective and describing Armenia as no longer an ally of Russia. Frustrations with Russia have also risen among other CSTO members, experts told Business Insider last year.

Persons: Nikol, Vladimir Putin, Pashinyan, France24, Putin, snubs, Jaroslava Barbieri Organizations: NATO, Security, Organization, Moscow Times, Soviet Union, University of Birmingham Locations: Armenia, Russian, CSTO, Russia, Ukraine, Soviet, Azerbaijan, France, Eurasia, Nagorno, Karabakh, Iran, North Korea, China, tatters

☆ The FAA investigated Boeing's safety culture — and what they found wasn't good
▼ + stars: | 2024-02-26 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +4 min

Read previewThe Federal Aviation Administration spent nearly a year investigating Boeing's safety culture, uncovering a troubling workplace culture that made safety issues difficult to report. The FAA published the results of its investigation on Monday in a scathing 50-page report detailing 27 areas where Boeing's safety procedures and culture were insufficient. Staff also did not know their role in the safety management systems, and were skeptical of the systems' lasting power. The panel said it could not pinpoint a consistent and clear process for employees to report safety concerns. The experts found Boeing's documentation of its safety management systems overly complex and constantly changing, which created a culture of confusion among the employees.

Persons: —, weren't Organizations: Service, Federal Aviation Administration, FAA, Business, Boeing Max, Boeing, Alaska Airlines, National Transportation Safety, Staff

Sal Khan, 31, earns $220,000 a year and lives with his parents in Houston. "I do think my relationship now has been the best with my parents than it has been before," Khan tells CNBC Make It. But that won't be the end of his living arrangement with this parents: Khan hopes to move his parents to his new home, too. The bulk of his savings are earmarked for more down payments on properties, Khan says. Sal Khan hopes that sharing his story will dispel the stigma about living with parents as an adult.

Persons: Sal Khan, Khan, Erik Mauck, that's, it's, Khan's, Nina Nguyen, Krishnan, Khan didn't Organizations: CNBC, Ohio State University, Bay Area, Costco, Gas, Wealthfront Locations: Houston, Pakistan, U.S, Bay, Chicago, Texas, California, Arizona, Florida

☆ A former resident of The World cruise ship spent 6 years onboard, says it's not unlike 'The White Lotus'
▼ + stars: | 2024-02-26 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +3 min

Read previewA former resident of The World, an exclusive private residential ship with a strict invite-only policy, said living on board was not unlike HBO's "The White Lotus." In fact, Antonucci told CNN Travel that it was not dissimilar to the popular HBO series, which has won 15 Primetime Emmy Awards. AdvertisementDescribing the ship as a "country club meets sorority house," Antonucci told CNN Travel that there was "drinking and carousing" and infidelity on board. Though Antonucci told CNN Travel that people begged him not to write about them, guests later asked him why they weren't featured. At first, he told CNN Travel, he was shocked by how expensive everything was, but by the second day he asked how he could sign up.

Persons: —, Peter Antonucci, Antonucci, I'm, sinning, you've Organizations: Service, CNN Travel, Business, HBO, CNN

☆ An airline replaced 3 flights with an A380 superjumbo to cope with Taylor Swift travel rush
▼ + stars: | 2024-02-26 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

Qantas used an Airbus A380 to replace three flights from Melbourne to Sydney on Friday. Demand for air travel has been "incredibly high" during Taylor Swift's Australian tour, Qantas said. AdvertisementAustralia's Qantas flew an Airbus A380 from Melbourne to Sydney on Friday to help cope with huge demand for air travel during Taylor Swift's Eras Tour. AdvertisementCoupled with "incredibly high demand" for flights into the city because of Swift's tour, Qantas decided to operate a special flight to transport the passengers. Swift's tour has been huge for local economies.

Persons: Taylor, —, Swift, Sebastian Kahnert, QF7168, she's, AirDNA Organizations: Qantas, Airbus, Service, Australia's Qantas, Boeing, Qantas Airbus, Getty, Wales Locations: Melbourne, Sydney, Boston, Pittsburgh, Los Angeles, London, Singapore, Flightradar24, Cardiff, Warsaw, Poland

Our experts answer readers' insurance questions and write unbiased product reviews (here's how we assess insurance products). This week, a reader paid half the cost of their brother's funeral out of their own pocket. He had life insurance, with the money going to my mother and my two adult kids. Try saying something like, "I didn't have the chance to prepare for my brother's funeral expenses financially. You weren't wrong to ask, and you certainly weren't wrong to assume your brother's life insurance would cover the funeral costs.

Persons: —, didn't, Dear, what's, I'm, weren't, isn't Organizations: Business, Service Locations: Florida

☆ The best and most daring looks celebrities wore to the 2024 Screen Actor Guild Awards
▼ + stars: | 2024-02-25 | by ( Eve Crosbie | Hannah Getahun | ) www.businessinsider.com time to read: +1 min

The 30th Screen Actors Guild (SAG) Awards were held in Los Angeles on Saturday. Many stars weren't afraid to have fun with daring looks on the red carpet. AdvertisementAwards season continued on Saturday with the Screen Actors Guild (SAG) Awards, which celebrated last year's best television and film performances. Before the 30th annual event, celebrities posed for the cameras in their stand-out suits, colorful gowns, and daring ensembles. Here are some of the best and most daring looks from the night.

Persons: weren't, Tan France, Carey Mulligan's, Ali Wong, — Organizations: Actors Guild, Service, Screen Actors Guild Locations: Los Angeles, Tan

☆ I thought I'd hate all-inclusive resorts. Then I went to one.
▼ + stars: | 2024-02-24 | by ( Monica Humphries | ) www.businessinsider.com time to read: +9 min

I thought all-inclusive resorts didn't foster experiences unique to a destination. It was peaceful, quiet, and far from anything I envisioned when it came to staying at an all-inclusive resort. Between the picture-perfect accommodations and excursions, I was willing to challenge thoughts on all-inclusive resorts. We were told to meet at the outdoor dinner table at 7 p.m.Sure, Thatch Caye missed some elements of many all-inclusive resorts. And while I still plan to steer clear of many of the major all-inclusive resorts, I'll no longer shudder when I see those two little words.

Persons: —, Matteo Colombo, I've, you've, Justin Francis, Jobs, Monica Humphries, Katie, I'd, wasn't, Guy Organizations: Service, Getty, Quintana, Quintana Roo Tourism, US Travel Locations: Belize, Dangriga, Cancún, Mexico, Jamaica, Dominican Republic, Quintana Roo

If you get a tax bill you can't afford, you can apply for a payment plan to pay it back over time. That's the day your tax return and payment for any tax owed is due to the IRS and most local tax agencies. That's because filing your tax return can come with some surprises — the least pleasant of which is a tax bill you weren't expecting. Prepare for next yearThe best way to avoid a surprise tax bill is to pay what you expect to owe in taxes year-round. If you're self-employed (including any freelancing on the side of other employment), make quarterly estimated tax payments to stay ahead of your liability and avoid additional penalties.

Persons: —, that's, they'll Organizations: Service, IRS, Google

☆ Google says Microsoft offered to sell Bing to Apple in 2018, but search-quality issues got in the way
▼ + stars: | 2024-02-24 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

Microsoft offered to sell its Bing search engine to Apple in 2018, Google said in a court filing earlier this month. In the fourth quarter, Microsoft generated $3.2 billion from search and news advertising, while Google search and other revenue totaled $48 billion. Google said in its filing that when Microsoft reached out to Apple in 2018, emphasizing gains in Bing's quality, Microsoft offered to either sell Bing to Apple or establish a Bing-related joint venture with the company. Google said Apple CEO Tim Cook sent an email to Apple executives about the assessment of Bing, but his remarks are redacted in the filing. Cue testified that "if Apple did not receive the massive payments it sought from Google, Apple would have developed its own search engine," the Justice Department asserted in its filing.

Persons: Tim Cook, Eddy, Apple's, Bing, Apple, Satya Nadella, Rob Sanderson Organizations: Apple, Allen, Co . Media, Technology Conference, Microsoft, Google, U.S . Justice Department, Bing, Safari, Justice Department, Windows, MSN, Department, Bloomberg Locations: Sun Valley , Idaho

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