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AdvertisementCustomer-friction concerns, partnership hiccups, compatibility questions, latency problems, and accuracy issues have snarled progress, according to internal Amazon documents and multiple people involved in the project. AdvertisementA product of this scale is "unprecedented, and takes time," an Amazon spokesperson told Business Insider. Related storiesFor example, without more clearly defined responsibilities with third-party partners, Amazon expected further delays in the launch. AdvertisementLatency has been a particularly tough problem for the AI Alexa service. Related storiesNew risksIn late August, Amazon discovered several new risk factors for the AI Alexa service.
Persons: Alexa, that's, Amazon, Taylor Swift, they're, ChatGPT, Andy Jassy, Andy Jassy Mike Blake, Claude Haiku, Rohit Prasad, Claude, AGI NurPhoto, , Fortune, Amazon's Organizations: Uber, Ticketmaster, Alexa, Echo, Amazon, Business, Bloomberg, TV, Reuters, General Intelligence, AGI, Companies
Still, Atomico said this shows that European tech funding levels have finally "stabilized" despite worsening global macroeconomic conditions leading to three consecutive years of declines. In the period spanning 2015 to 2024, European startups have bagged $426 billion, dwarfing the sum of investment deployed into tech firms the decade prior. Europe's first $1 trillion tech firm? Atomico said it's optimistic about the next decade in European tech. The VC firm, which was established by Skype co-founder Niklas Zennström, is predicting the entire European tech ecosystem combined could be valued at $8 trillion by 2034, up from around $3 trillion currently.
Persons: Reeves, Oli Scarff, Atomico, Tom Wehmeier, Wehmeier, Europe's, Rachel Reeves, techUK, Niklas Zennström Organizations: Startup Coalition, Getty Images Venture, European Tech, CNBC, VC, Skype, Spotify, Google, Apple, Facebook, Meta, Microsoft, Nvidia, Tesla Locations: British, State, Europe, U.S, China, Atomico, United States
Empty lot Grand Ave. Dean St. Project site Pacific St. The Upper West Side project was recommended for approval while the Crown Heights project wasn’t. The Upper West Side project was recommended for approval while the Crown Heights project wasn’t. The Upper West Side project was recommended for approval while the Crown Heights project wasn’t. City Council vote Here’s where things ended for the Crown Heights project, which was rejected by the council member from the area.
Persons: Nadine Oelsner, Dean St, Aviles, Booker T, Booker, Oelsner, It’s, Crystal Hudson, Oelsner’s, Hudson, Mark Levine Organizations: New York, West, Street Manhattan Queens, Street Brooklyn Staten, Street Brooklyn, . Census, Crown, Census, 108th, Google, West Side Federation for Senior, 109th St, St, Washington, Washington Middle School, Washington Middle, Side Federation for Senior, Budget Commission, Manufacturing, Fulton St, Vanderbilt, ., Plaza Manufacturing, Army Plaza Lafayette, Army Plaza Lafayette Ave . Manufacturing, , New York City Department of City Planning, Riverside Park, Broadway, St ., St . West 108th St, , New York City Department of, HSN, Pontiac, West Side, West Side Federation, City Planning Department Locations: New, United States, Crown Heights, Brooklyn, Manhattan, Westchester County, Long, New York City, Street Brooklyn Staten, Prospect, Crown, U.S, Park, Riverside, Phoenix, Atlanta, City, St, Fulton, Ave, Vanderbilt Ave, Franklin, Army Plaza Lafayette Ave, , New, St . West, Amsterdam, Heights
Tech: We're in the middle of a white-collar recession, and tech workers are shouldering much of it . We're in the middle of a white-collar recession, and tech workers . AdvertisementElon Musk's government efficiency commission has been tasked with cutting government spending, raising questions about the future of millions of jobs. Tech jobs are mired in a recession. White collar hiring is in a huge slump, and tech workers are some of the hardest hit .
Persons: Trump hasn't, Tesla, Chelsea Jia Feng, Madison Hoff, Vivek Ramaswamy, Musk, Alice Tecotzky, John L, Dorman, Allison Robbert, Scott Bessent, Cantor Fitzgerald, Howard Lutnick, Marc Rowan, Kevin Warsh, Trump, Goldman Sachs, Morgan Stanley, Natalie Ammari, Uber, Verily, , Rebecca Zisser, Elon Musk, Bluesky —, Jake Paul's, Netflix's Jake Paul, Mike Tyson, wasn't, Donald Trump's, Satya Nadella, Dan DeFrancesco, Grace Lett, Ella Hopkins, Hallam Bullock, Amanda Yen, Milan Sehmbi Organizations: Business, Google, Trump, Tech, Getty, Elon, Department of Education, Veterans Affairs, Department of Government, Social Security, Medicare, Twitter, Getty Government, Allison, Treasury, BCA Research, Goldman, BI, LinkedIn, Microsoft, China Economic, Security, Walmart Locations: Washington , DC, China, Brazilian, New York, Chicago, London
Many new Bluesky users are praising the feeling on the site as being similar to "old Twitter." This week, the app shot to the top of Apple's App Store and Google's Play Store, and a Bluesky spokesperson told Business Insider it hit 18.3 million registered users. Advertisement"Consumers, time and time again, show us that they will put a brand in jeopardy if the leadership is associated with ideology the consumers don't care for," Lind told Business Insider. A spokesperson for Bluesky told Business Insider that the platform aims to give users more choice and offer creators independence from being locked into specific platforms. A few weeks ago, Bluesky had less than 1 million daily users in the US, "so the acceleration is tremendous," said David Carr, an editor at Similarweb.
Persons: Bluesky, Elon Musk's, Jonathan Bellack, Mark Cuban, he'd, That's, Stephen Lind, Lind, We've, Jack Dorsey, Twitter, Dorsey, David Carr Organizations: Social, Business, Applied Social Media, Cuban, Meta, USC Marshall School of Business, Bluesky, Twitter Locations: Similarweb
Future growth will have to come from Blackwell, its next-generation chip that has just started shipping to end-users such as Microsoft , Google and OpenAI. More important than Nvidia's third-quarter results will be what the company says about demand for the Blackwell chip. In August, Nvidia said it expected about "several billion" in Blackwell sales during the January quarter. Nvidia reported 122% growth in sales in the most-recent quarter. That was lower than the 262% year-over-year growth it reported in the April quarter and the 265% growth in the January quarter.
Persons: Jensen Huang, Frank Lee, Lee, Blackwell, Raymond James, Srini Pajjuri, ChatGPT, LSEG, Huang Organizations: Nvidia, HSBC, Microsoft, Google, Blackwell, Nintendo Locations: Vilhelm, Kastrup, Denmark, NVDA
AdvertisementGoogle pays Apple at least $20 billion a year to make its search engine the default on iPhones. Those payments were at the heart of a federal antitrust case Google lost earlier this year. That's because a long-running deal between Apple and Google, where Google pays Apple at least $20 billion a year to make Google the default search engine on iPhones, is at the heart of the US government's antitrust case against Google. (Though, confusingly, an earlier Bloomberg report about the DOJ's plan focused on forcing Google to sell off its Chrome browser and never mentioned the Apple payments.) AdvertisementBut even if that happens, it doesn't mean Apple automatically loses all the money Google pays it every year.
Persons: it's, Judge Amit P, Mehta, Microsoft's Bing, they're, Trump, Tim Cook, Cook Organizations: Apple, Google, US Department of Justice, Street, Bloomberg, Trump, Big Tech Locations: China
Vice President Kamala Harris and Democrats convinced frequent voters and highly engaged voters to stick with them in the 2024 presidential election. “One of the main takeaways from this cycle is that the Democratic Party has a lot of work to do on how we’re reaching voters,” Democratic strategist Christina Freundlich said. 'We simply stopped communicating to many voters'Democrats overperforming with highly engaged voters — but struggling with less-engaged voters — reflects America’s political realignment over the past decade, as Democrats have made gains among college-educated and more frequent voters, while Republicans have won over more working-class and less-frequent voters. Media consumption also underscores the political split between highly engaged voters and less-engaged ones. Schale, the Democratic strategist from Florida, argues that Democrats “simply stopped communicating” with huge swaths of voters.
Persons: Kamala Harris, Harris, Donald Trump, Trump, Christina Freundlich, , Steve Schale, Barack Obama's, Joe Biden, Schale, Sen, John Fetterman, , It’s, Jesse Ferguson, , ” Ferguson, Doug Heye, ” Heye, “ Harris Organizations: NBC, Democratic Party, Democratic, PAC, Democrats, Republicans, GOP, Media, TV, Google, Biden, Trump, Voters Locations: Florida,
To get the best flight prices, consider flying mid-week or traveling to and from another airport. Then we switched to a VPN, using five of the most popular services, and repeated the searches while appearing to be in a different country. Original flight price, Chicago to Seattle: $361Surfshark VPN price: $361Original flight price, Nashville to New York: $99Surfshark VPN price: $99Learn more at the Surfshark website. Original flight price, Chicago to Seattle: $361Cyberghost VPN price: $361Original flight price, Nashville to New York: $99Cyberghost VPN price: $99Learn more at the Cyberghost website. VPNs: When they're usefulWhile a VPN can't reliably help you book cheaper flights, having one can protect your digital privacy and security, especially when you travel.
Persons: , NordVPN NordVPN, Surfshark, Cyberghost Cyberghost Organizations: Service, Northern, Google, PIA Locations: United States, Chicago, Seattle, Nashville, New York City, China, New York, Africa, U.S, JFK, LaGuardia, Newark
Trump taps Brendan Carr to chair Federal Communications Commission
  + stars: | 2024-11-18 | by ( ) www.cnbc.com   time to read: +1 min
Brendan Carr speaks during a House Committee on Energy and Commerce Subcommittee on Communications and Technology Hearing titled Connecting America. President-elect Donald Trump will tap Brendan Carr, a critic of the Biden administration's telecom policies and Big Tech, as chairman of the Federal Communications Commission, he said in a statement on Sunday. Carr, 45, is currently the top Republican on the FCC, the independent agency that regulates telecommunications. Last week, Carr wrote to Meta's Facebook, Alphabet's Google , Apple and Microsoft saying they had taken steps to censor Americans. Trump also sued CBS over its "60 Minutes" interview with Vice President Kamala Harris.
Persons: Brendan Carr, Donald Trump, Carr, Joe Biden's, Disney's, Trump, Kamala Harris Organizations: Energy, Communications, Technology, Biden, Big Tech, Federal Communications Commission, Republican, FCC, Elon, SpaceX, Commerce Department's, Facebook, Google, Apple, Microsoft, Sunday, Disney's ABC, NBC, Paramount, CBS
AdvertisementTwinMind, founded by former Google X employees, builds an AI assistant to better understand you. A startup formed from a handful of former Googlers — specifically Google X, the skunkworks lab that explores sci-fi moonshot ideas — is coming out of stealth. Related storiesWolverine originsAt Google X, George was the first machine learning scientist on Wolverine, a hearing wearable project first reported on by Business Insider in 2021. AdvertisementWhen ChatGPT launched in late 2022, George was working at JPMorgan with TwinMind cofounder and CTO Sunny Tang, a Google X alum. AdvertisementHe said they figured it out and claims the TwinMind app can run for 12 hours in the background non-stop before running out the battery.
Persons: , Jarvis, Marvel's Tony Stark, it's, Daniel George, Dan Roth, Rocketship, Anand Rajaraman, Michael Liou, galore, George, you've, TwinMind, ChatGPT, Sunny Tang, Siri, they're Organizations: Google, Oracle, Business, JPMorgan, Android Locations: Robinhood
New York CNN —President-elect Donald Trump’s pick for chairman of the Federal Communications Commission, Brendan Carr, wasted no time in stating his priorities on Sunday night. Carr is now the senior Republican at the agency, which meant he was widely expected to get the chairman appointment. As chairman, Carr may be able to steer generous federal subsidies to Starlink. In his Project 2025 chapter, Carr laid out an agenda for the federal agency under a future Trump administration. The FCC chairman during Trump’s first term in office, Ajit Pai, had a very different set of priorities.
Persons: Donald Trump’s, Brendan Carr, Carr, ” Carr, Elon Musk, , Trump, NewsGuard, hasn’t, “ Carr, Gigi Sohn, Tom Wheeler, Trump’s, Ajit Pai, Pai, Jessica Rosenworcel, can’t Organizations: New, New York CNN, Federal Communications Commission, FCC, Democrats, Republican, Politico, Elon, Facebook, Twitter, Meta, Microsoft, Apple, Trump, Communications, Free Press, Democratic, Democrat Locations: New York, Big Tech
AdvertisementSiddharth Kashiramka joined Amazon in 2022 as a product manager for AI projects. He worked as a product manager at Capital One and was previously a consultant at PwC. Show variety: Throughout the résumé, Kashiramka used a range of keywords, including "leveraged," "delivered," "established," and "collaborated." One page résumé: "I think the résumé should be one page," he said about keeping the document short. Kashiramka is a senior product manager at Amazon's office in Crystal City, Virginia.
Persons: Siddharth Kashiramka, Alicia Tillman, Kashiramka Organizations: Amazon, Capital, Big Tech, ATS, Meta, Google, PwC, Business Locations: Virginia, Seattle, Crystal City , Virginia
CNN —Pioneering travel guidebook writer Arthur Frommer has died at the age of 95, according to a statement from the media brand he founded. He continued to write, travel, publish, speak at conferences and give interviews into his 90s. But for Frommer, travel writing was about more than recommending hotels or providing historical facts about famous attractions. “Throughout his remarkable life, Arthur Frommer democratized travel, showing average Americans how anyone can afford to travel widely and better understand the world,” she wrote in the announcement of her father’s death. We will all miss him greatly.”Frommer died of complications from pneumonia, according to the Associated Press, citing Pauline Frommer.
Persons: Arthur Frommer, Pauline Frommer, , , Frommer, Arthur, Arthur Frommer democratized, ” Frommer Organizations: CNN, Yale Law School, US Army, Google, Associated Press, Locations: Virginia, Europe
Here are Monday's biggest calls on Wall Street: Oppenheimer reiterates Netflix as outperform Oppenheimer said the Jake Paul-Mike Tyson fight "demonstrates [the] ability for meaningful" live event viewership for Netflix. Goldman Sachs initiates Ingram Micro as buy Goldman said the IT solutions provider is well positioned. Goldman Sachs initiates Gatx as buy Goldman said it's bullish on the railcar company. Baird upgrades Roku to outperform from neutral Baird said in its upgrade of Roku that it sees an "attractive long-term opportunity." Needham upgrades Robin Hood to buy from hold Needham said the stock is a beneficiary of the Trump election.
Persons: Oppenheimer, Jake Paul, Mike Tyson, it's bullish, Goldman Sachs, Ingram, Goldman, Baird, Morgan Stanley, Raymond James, Wells, Needham, Biogen, it's, Robin Hood, Trump, Donald Trump's, Bernstein, Tesla Organizations: Netflix, Citi, Astera, Ingram, GATX Corporation, RBC, UBS, Franco, Wheaton Precious Metals, WPM, HSBC, Moderna, Air Products, Hewlett Packard Enterprise, Enterprise, Aetna, Bank of America, Nvidia, " Bank of America, DOJ, Google, BMO, SEC, EV Locations: Nevada, Asia
She started with a $39,000 salary in NYC, facing financial challenges and strict budgeting. I graduated in 2013 with a degree in biology and landed my first job in NYC as a sessions assistant, making $39,000. I learned financial discipline, thinking ahead for unforeseen expenses, and developing a method for organizing my money. I was proud of myself, but I still had recurring anxiety about losing the job and the money. A high-paying job came with the benefit of having peace of mindWhen I started at Google, my base salary was $132,000.
Persons: McCoy, Khayla McCoy, I've, I'm Organizations: General Assembly, BlackRock, Google Locations: Madisonville , Tennessee, NYC, Ellevest
Tesla shares jumped on Monday following a report that President-elect Donald Trump's transition team are planning to make a federal framework to regulate self-driving vehicles a top priority for the U.S. Transport Department. ET, Tesla stock was up 7.98% in U.S. premarket trading after the release of the Bloomberg News report, which cited unnamed sources familiar with the matter. CNBC could not independently verify the report and has requested comment from the Trump team and from the National Highway Traffic Safety Administration, a Transportation Department unit tasked to oversee self-driving technologies. Full Self-Driving, or FSD, is Tesla's premium driver assistance system, currently available in a "supervised" version for Tesla electric vehicles. Trump's transition team is reportedly looking for policy leaders for the Transportation Department to develop a federal regulatory framework for self-driving vehicles, according to Bloomberg.
Persons: Elon Musk, Donald Trump, Tesla, Donald Trump's, Musk, Vivek Ramaswamy, Google's, Emil Michael, Sam Graves of, Garret Graves Organizations: Republican, U.S . Transport Department, Bloomberg, CNBC, Trump, National, Traffic Safety Administration, Transportation Department, White, Government, FSD, Uber Locations: Butler , Pennsylvania, U.S, Texas, California, Sam Graves of Missouri, Garret Graves of Louisiana
AdvertisementRolls-Royce is in talks with potential customers for its nuclear reactors, per the Financial Times. The company said the reactors could provide energy for data centers, mining, and space missions. Rolls-Royce is in early-stage talks with potential customers for its compact nuclear reactors, which are designed to power data centers on Earth and one day to be sent into space, the Financial Times reported. Big Tech companies — including Google, Amazon, and Microsoft — have expressed interest in nuclear power to meet AI's high energy demands. In July 2024, Rolls-Royce was awarded funding from the agency's National Space Innovation Programme, or NSIP, for space nuclear power.
Persons: Royce, Jake Thompson, Microsoft —, Thompson Organizations: Financial Times, Business, Big Tech, Google, Microsoft, Royce, UK Space Agency, Innovation
Thomas Plantenga, CEO of used fashion resale app Vinted, on center stage during Web Summit 2024 in Lisbon, Portugal. The Republican politician's victory was a key topic on various prominent tech bosses' lips at the Web Summit conference in Lisbon, Portugal. "It's time for Europe to step up," Yen told CNBC on the sidelines of Web Summit. US Big Tech 'playing extremely unfairly'However, Proton's Yen urged the EU not to water down its push to rein in America's tech giants. 'AI sovereignty' now a key battlegroundAnother theme that attracted much chatter on the ground at Web Summit was the idea of ​​"AI sovereignty."
Persons: Thomas Plantenga, Harry Murphy, Donald Trump's, Andy Yen, Yen, Trump, Proton's Yen, Mitchell Baker, Baker, it's, Plantenga, we'll, OpenAI, Christian Kroll, Shelley McKinley, GitHub, McKinley Organizations: Web, Getty Images, Portugal — Tech, Big, Republican, Proton, CNBC, European Union, Apple, Microsoft, Meta, Markets, US Big Tech, Mozilla Foundation, Google, Trump Locations: Lisbon, Portugal, Getty Images LISBON, Europe, America, EU, Lithuania
Local residents walk past destroyed houses in the city, approximately 10 km from the frontline, on November 16, 2024 in Pokrovsk, Ukraine. Libkos | Getty ImagesThe Kremlin has lashed back against a White House decision to now allow Ukraine to use U.S.-made long-range weapons for limited strikes inside Russian territory. "The issue is not about allowing the Ukrainian regime to strike Russia with these weapons or not. The issue is about making a decision: NATO countries directly participate in the military conflict or not. Ukraine's President Volodymyr Zelenskyy addresses lawmakers as he presents the so-called 'Victory Plan' during a parliament session, amid Russia's attack on Ukraine, in Kyiv, Ukraine October 16, 2024.
Persons: Joe Biden, Biden, Volodymyr Zelenskyy, Dmitry Peskov, Vladimir Putin, Sergei Ilnitsky, Putin, Zelenskyy, Andrii Nesterenko Organizations: Libkos, White, NBC, Artillery Rocket Systems, Ukraine, Ukrainian, Reuters, Commonwealth of Independent States, CIS, Google, Ria Novosti, NATO, Kremlin, Institute for, Tactical Missile Locations: Pokrovsk, Ukraine, Washington, U.S, Moscow, Russian, Russia, NATO, United States, Kursk Oblast, Kyiv
AdvertisementAWS hired Julia White as its new chief marketing officer, replacing Raejeanne Skillern. Amazon Web Services has a new marketing chief. On Monday, AWS's CEO, Matt Garman, told employees that the company had hired Julia White, a former SAP and Microsoft executive, as its new chief marketing officer. Before that, she spent almost 20 years at Microsoft in various roles, including corporate vice president for the Azure cloud computing unit. The company recently added Colleen Aubrey, a former Amazon advertising executive, as a senior vice president of AWS Solutions, and Baskar Sridharan, an ex-Google Cloud vice president, as a vice president of AI/ML services.
Persons: Julia White, Raejeanne Skillern, White, Matt Garman, Einat Weiss White, Raejeanne, Skillern, Colleen Aubrey, Baskar, Adam Selipsky, Matt Wood, Garman, Julia, she's, Matt Organizations: SAP, Microsoft, AWS, Amazon, AWS Solutions, Google Cloud, Corporate
AdvertisementA federal judge ruled in August that Google violated antitrust law to keep a monopoly on search. DOJ officials reportedly plan to ask a judge to force Google to sell Chrome. Officials from the DOJ are reportedly planning to ask a judge to force Google to sell its Chrome browser. Business Insider previously reported Google's total search revenue was $279.8 billion in 2022. Representatives for the Department of Justice did not immediately respond to a request for comment from Business Insider.
Persons: Amit Mehta, Lee, Anne Mulholland, Peter Cohan Organizations: Google, Justice, DOJ, Chrome, Bloomberg, Prosecutors, Department of Justice, Business, Google Services, Babson College
His latest fascination is Google's Gemini Live, an AI voice assistant. Marc Benioff gave Google's AI voice assistant, Gemini Live, his stamp of approval. "Just downloaded Gemini Live, and I'm absolutely blown away," he wrote in an X post on Sunday. Google released a smartphone app for Gemini Live on Apple's App Store on Thursday, just a few months after the virtual assistant was made free for users. We already have that live," Benioff said.
Persons: Marc Benioff, Benioff, Sundar Pichai, Copilot, Insider's Ashley Stewart, OpenAI's ChatGPT, ChatGPT's, Axios, Jensen Huang, David Sacks Organizations: Gemini, Microsoft, Google, Apple, Apple Intelligence, Business, BI, Pacific, Nvidia Locations: Francisco
Tech jobs are mired in a recession
  + stars: | 2024-11-18 | by ( Aki Ito | ) www.businessinsider.com   time to read: +9 min
But ask white-collar professionals who are actually looking for a job, and they'll tell you horror stories that are eerily similar to Bach's. As I wrote last spring, that's because the job market has essentially split into two distinct tiers. AdvertisementNow, new data from LinkedIn — which tracked how often its users landed new jobs — shows which white-collar jobs are being hit the hardest. AdvertisementAnother reason tech companies are hiring fewer professionals is that their existing employees are opting to stay put. "We're slowly, slowly recovering," says Art Zeile, the CEO of Dice, a tech job board.
Persons: Jon Bach, Bach, I've, that's, Kory Kantenga, , they'd, Jenny Diani, Jon Stross, Santiago Rodriguez, it's, we're, We're, Zeile, Dice, Aki Ito Organizations: eBay, LinkedIn, Autodesk, Google, Business Locations: coders, Silicon Valley
That's for good reason: An Apple TV set didn't make sense years ago. But in theory, if that goes well, then maybe Apple will be more interested in chasing an Actual TV Set. Apple still sells a dedicated Apple TV box, which you can plug into any TV to transform it into an "Apple TV." AdvertisementYou can debate whether Apple TV+ is actually successful — its movie strategy seems … challenged — but it at least makes sense strategically: Apple TV+ is supposed to generate recurring monthly revenue, and Apple is all about recurring monthly revenue as part of its "services" push. A TV set — even the most awesome TV set — would be a one-and-done proposition for Apple.
Persons: you've, That's, Mark Gurman, Gurman, doesn't, Tim Cook's, Donald Trump, Cook, Trump, Apple, we've, Ben Lovejoy, Steve Jobs, Yukari Iwatani Kane, Walt Mossberg, Jobs, I'm Organizations: Apple, Trump, YouTube, Google
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