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Chevron CEO on the record about EV transition and oil demand
  + stars: | 2023-06-27 | 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 EmailChevron CEO on the record about EV transition and oil demandChevron CEO Michael Wirth speaks with CNBC's Andrew Ross Sorkin from the Aspen Ideas Festival about the transition to EVs and what the shift means for energy companies such as Chevron.
Persons: Michael Wirth, CNBC's Andrew Ross Sorkin Organizations: Chevron, Aspen Ideas
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRalph Lauren CEO on consumer spending: We're seeing them gravitating towards higher priced itemsRalph Lauren CEO Patrice Louvet joins CNBC's Andrew Ross Sorkin from the Aspen Ideas Festival to discuss consumer spending habits, whether consumers are trading down, marketing in today's landscape, and more.
Persons: Ralph Lauren, Lauren, Patrice Louvet, Andrew Ross Sorkin Organizations: Aspen Ideas
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWall Street offers top benefits for dads, according to JUST CapitalCNBC's Andrew Ross Sorkin reports on the latest paternal benefits data in corporate America.
Persons: Andrew Ross Sorkin Organizations: Street, JUST Capital Locations: America
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNYC office occupancy reaches 50% of pre-pandemic levels; Westfield gives up SF Centre mallCNBC's Andrew Ross Sorkin and Joe Kernen reports on the latest news.
Persons: Andrew Ross Sorkin, Joe Kernen Organizations: Westfield, SF
Oura, the company behind the smart ring that allows users to track a variety of biometric data, is adding new features around social sharing and sleep tracking as the battle among tech companies to land and keep trackers on the wrists and fingers of consumers continues. The company's new community-sharing feature, which it calls Circles, allows ring wearers to create private groups where they can share readiness, sleep, and activity scores. Hale noted that the data being shared is "only shared with the people that you want to share with. It's not like a social feature where you're posting your scores to Twitter, although frankly, some people do that." "This is about creating a small, intimate group of empathy and support," he said.
Persons: Tom Hale, Hale, CNBC's Andrew Ross Sorkin, It's Organizations: Twitter
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailApollo Global CEO: There's no alpha left in publicly-traded marketsCNBC's Andrew Ross Sorkin discusses his one-on-one interview with Apollo Global Management CEO Marc Rowan at The Economic Club of New York on Tuesday.
Persons: Andrew Ross Sorkin, Marc Rowan Organizations: Apollo, Apollo Global Management, The Economic, of New Locations: of New York
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTwitter’s top users are posting less since Elon Musk takeover last year, survey findsCNBC's Andrew Ross Sorkin reports on the latest survey results from Pew Research Center.
Twitter is accusing Microsoft of using the social media company's data in ways that were unauthorized and never disclosed. However, for one of the Microsoft services using Twitter data, "account information outright states that it intends to allow its customers to 'go around throttling limits,'" Spiro wrote. A Microsoft spokesperson acknowledged receipt of the letter and told CNBC the company will review it and "respond appropriately." "Today we heard from a law firm representing Twitter with some questions about our previous use of the free Twitter API," the spokesperson said in an email. Read the full letter from Twitter to Microsoft, here.
Lawmakers, thought leaders and developers have been puzzling over how to regulate emerging generative AI technology since it exploded into public consciousness following the release of OpenAI's viral chatbot ChatGPT late last year. The buzz around the technology has sparked a red-hot AI arms race between major tech companies like Google and Microsoft, the latter of which is a longtime partner of OpenAI. Nadella said AI development is happening quickly, but that people remain integral to the process. But Nadella said he believes AI will also create new jobs. "Steve Jobs had this beautiful, beautiful line, right, which is 'computers are like the bicycles for the mind,'" Nadella said.
Microsoft CEO Satya Nadella said it is "factually not correct" to claim that Microsoft controls its partner OpenAI, in an excerpt of a pre-taped interview with CNBC's Andrew Ross Sorkin airing Tuesday. "Look, while I have a lot of respect for Elon and all that he does, I'd just say that's factually not correct," Nadella said. Microsoft announced a multiyear, multibillion-dollar investment into OpenAI in January, which marked the third phase of the partnership between the two companies. Nadella said AI development is happening quickly but that it is important for Microsoft to capitalize on the technology and its promise. Nadella's full interview with Sorkin will be streamed Tuesday on NBC News Now and Peacock at 10:30 p.m.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMicrosoft CEO Satya Nadella on OpenAI relationship, generative A.I., Microsoft-Activision dealCNBC's Andrew Ross Sorkin sits down with Microsoft CEO Satya Nadella to discuss the company's relationship with OpenAI, concerns of A.I. moving too fast, Microsoft-Activision merger, and more.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMicrosoft CEO on A.I. race: 'Not a given' that Alphabet or Microsoft are the only two games in townCNBC's Andrew Ross Sorkin sits down with Microsoft CEO Satya Nadella to discuss ways to regulate A.I., Big Tech and the idea of incumbency, and whether a small player can still win in today's A.I.
Antitrust enforcement, rather than the absence of it, can better position the U.S. to stay ahead of China in the race to build cutting-edge technologies, Federal Trade Commission Chair Lina Khan said on CNBC's "Squawk Box" Wednesday. The tech industry often points to the threat of China catching up to U.S. technologies as an argument against more aggressive enforcement against them. Khan said Wednesday that lessons of the past suggest more aggressive enforcement at home will actually benefit the U.S. on the international stage. Khan offered an example of two historic tech antitrust cases in the last century, those of IBM and AT&T . "I think we saw that Silicon Valley was birthed in the wake of strong competition and antitrust enforcement," Khan added.
OpenAI hasn't trained its AI large-language models such as GPT with paying customer data "for a while," CEO Sam Altman told CNBC on Friday. "Customers clearly want us not to train on their data, so we've changed our plans: We will not do that," Altman told CNBC's Andrew Ross Sorkin. "We don't train on any API data at all, we haven't for a while," Altman told CNBC. OpenAI's business customers, which include Microsoft , Salesforce and Snapchat , are more likely to take advantage of OpenAI's API capabilities. The Guild had been pushing for limitations on the use of OpenAI's ChatGPT for script generating or rewriting.
Watch CNBC's full interview with Airbnb CEO Brian Chesky
  + stars: | 2023-05-04 | 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 EmailWatch CNBC's full interview with Airbnb CEO Brian CheskyAirbnb CEO Brian Chesky joins CNBC's Andrew Ross Sorkin on 'Squawk Box' to discuss the company's renewed focus on private room rentals, new programs and margins, the potential of A.I., and more.
Twitter begins removing legacy blue checkmarks
  + stars: | 2023-04-21 | 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 EmailTwitter begins removing legacy blue checkmarksTwitter has begun removing legacy blue checkmarks for formerly verified users who declined to pay for a subscription. CNBC's Andrew Ross Sorkin reports.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBernard Arnault's fortune nears $210B as he widens gap with Elon MuskCNBC's Andrew Ross Sorkin reports on the wealth gap amongst the world's richest.
Amazon CEO Andy Jassy said he doesn't pay much attention to the company's stock price, even after the shares lost half their value in 2022 amid fears of a recession and a bad year for tech stocks across the board. "I don't spend a lot of my time focused on the stock price," Jassy said Thursday in an interview with CNBC's Andrew Ross Sorkin on "Squawk Box." Jassy said he prefers to look at the stock's performance over the long term, rather than focusing on a snapshot in time. In 2021, when Jassy took over from founder Jeff Bezos, he was awarded a pay package worth roughly $212 million, of which a significant portion was comprised of Amazon stock. Amazon said in a proxy filing Thursday it did not grant Jassy any new stock in 2022.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGenerative A.I. can disrupt the news media landscape, says Penske Media's Jay PenskeCNBC's Andrew Ross Sorkin joins 'The Exchange' from Kiawah Island with George Pyne of Bruin Capital, and Jay Penske of Penske Media, to discuss sports team valuations, ChatGPT's influence on the media industry, and commoditizing intellectual property.
Uber-owned 'Careem' spinning off its super app business
  + stars: | 2023-04-10 | 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 EmailUber-owned 'Careem' spinning off its super app businessCNBC's Andrew Ross Sorkin reports on news from an Uber-owned app in the Middle East.
OpenAI says its GPT-4 model can beat 90% of humans on the SAT
  + stars: | 2023-03-15 | 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 EmailOpenAI says its GPT-4 model can beat 90% of humans on the SATCNBC's Andrew Ross Sorkin reports on the latest news in the artificial intelligence space.
Lloyd's of London CEO on RTO: 'We need to get Monday back'
  + stars: | 2023-03-09 | 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 EmailLloyd's of London CEO on RTO: 'We need to get Monday back'CNBC's Andrew Ross Sorkin reports on comments from the CEO of Lloyd's of London.
Goldman Sachs CEO David Solomon said Tuesday that asset management and wealth management would be the growth engine for the bank after his efforts in consumer finance went awry. "The real story of opportunity for growth for us in the coming years is around asset management and wealth management," Solomon told CNBC's Andrew Ross Sorkin. Solomon added that Goldman was already the fifth biggest active asset manager in the world. "There's real opportunity across the firm for us to continue to make the firm more durable," Solomon said. He also acknowledged that the company didn't "execute well" on parts of his consumer push, but added that management would reflect and learn from the episode.
Ozy CEO Carlos Watson arrested and charged with fraud
  + stars: | 2023-02-24 | 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 EmailOzy CEO Carlos Watson arrested and charged with fraudCNBC's Andrew Ross Sorkin reports on the latest media executive to be arrested.
Their latest Gen Z salary transparency report found that, after surveying 1,853 Gen Z jobseekers, women expect a $6,200 lower average salary compared to men. "I was surprised that women are still asking for less money and have lower salary expectations," Workman tells CNBC Make It. Though women have historically been paid less than men, the gap has narrowed significantly since 1960. What's more, for every dollar paid to white dads, Black, Native American, and Latina moms earn 52 cents, 49 cents, and 47 cents, respectively. Several states, cities, and counties across the country have already passed legislation making salary transparency a requirement, including California, Colorado, Connecticut, Maryland, Nevada, Rhode Island, Washington and New York City.
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