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☆ Intuitive Machines stock spikes as lunar company's first moon mission begins
▼ + stars: | 2024-02-15 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +1 min

Shares of Intuitive Machines spiked in early trading on Thursday, as the space company began its first mission to the moon's surface earlier in the morning. A SpaceX rocket launched Intuitive's IM-1 mission successfully. The cargo lunar lander, loaded with research, is headed for the moon and Intuitive expects to make a landing attempt next week. Intuitive's stock rose as much 25% in trading before pairing gains to trade about 22% up from its previous close at $4.98 a share. "You could make money a whole lot of ways – but this isn't just about making money.

Persons: Steve Altemus Organizations: SpaceX, Kennedy Space Center, CNBC Locations: Cape Canaveral , Florida

☆ Apple calls its Vision Pro a ‘spatial computer’—here’s what that means
▼ + stars: | 2024-02-08 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +2 min

Think of "spatial computing" as an umbrella term that refers to merging the digital world with the physical world in a seamless way. Instead, Apple refers to the Vision Pro as a "spatial computer." If you're in the U.S. and have an extra $3,500 lying around, you can now get Apple's latest gadget, the Vision Pro — but don't call it a virtual reality headset. While both augmented reality and virtual reality fall under the spatial computing umbrella, the two terms refer to different user experiences. Apple is positioning the Vision Pro as a full-on computer that could work as an alternative to your desktop or laptop, instead of a device that's mainly used for entertainment, he adds.

Persons: Apple, Louis Rosenberg, Rosenberg, they're Organizations: Apple, Vision, CNBC Locations: U.S

☆ Columbia CEO says warm winter affected company’s fourth-quarter sales
▼ + stars: | 2024-02-02 | by ( Micah Washington | ) www.cnbc.com time to read: +1 min

Columbia Sportswear CEO told CNBC's Jim Cramer on Friday that the company is still heavily dependent on winter weather for sales and is looking or opportunities to venture out after reporting disappointing fourth-quarter earnings. Columbia, known for its winter apparel, faces challenges with increasingly warm weather. "Those kinds of things can keep us straight and narrow and a time when the business has been more challenged." Columbia shares were down 0.87% on Friday after the bell after the company reported weaker than expected earnings. However it expects 2024 to be a challenging year as "retailers are placing orders cautiously, and economic and geopolitical uncertainty remains high."

Persons: CNBC's Jim Cramer, Boyles, Boyle, We're Organizations: Columbia

☆ The White House weighs in on the AI copyright debate for the first time
▼ + stars: | 2024-02-01 | by ( Kali Hays | ) www.businessinsider.com time to read: +15 min

In the three months since the executive order was issued, the White House has made progress on a number of the directives. Something else that has developed since the executive order came out is the debate around copyright and AI. Some that I'm really excited about are AI for science and generative AI, but also more generally AI systems in biology and healthcare. AdvertisementAnd then second, in the executive order, we stand up the AI Safety Institute at the Department of Commerce. Do you or the White House have thoughts on where AI training falls in copyright law?

Persons: Joe Biden's, There's, Ben Buchanan, Buchanan, Biden, there's, I'm, Ben, we've, Biden's, They're, let's, We've, they've, Schumer Organizations: Artificial Intelligence, National Security, White, US, Meta, Microsoft, Google, National Security Council, Management, AI, Department of Commerce, NIST, Defense, of Commerce, Commerce Locations: deepFakes, United States, whitehouse.gov, EU

☆ 5G-powered wearable tech could be the key to inclusive experiences for deaf and hard-of-hearing audiences at live performances
▼ + stars: | 2024-01-30 | by ( Bella Sayegh | ) www.businessinsider.com time to read: +8 min

Wearable technology has been used in multiple industries, such as healthcare and fitness. Fewer lags and faster download speeds make the real-time experience required for wearable technology possible. The primary purpose of the wearables, she said, is to help those who are deaf or hard of hearing experience music inclusively. The Vibrotextile wearable technology is a haptic vest with wrist and ankle bands. "People want to be connected, and I think that's the most important aspect of technology," Rosella said.

Persons: —, Jill Stark, Stark, Jeffrey Stark, Jill Stark Stark, Francesca Rosella, Rosella, CuteCircuit, Stark —, SoundShirts, Cooper Hewitt, Don Emmert, Rachel Arfa, Daniel Belquer, Belquer Organizations: Service, Lyric Opera of Chicago, Fortune Business, Lyric Opera, Smithsonian Design, Getty, Chicago Lyric Opera, Chicago Mayor's, People, Labs, 5G Locations: London, New York City, AFP

☆ Lavazza calendar: African photographers are celebrating the birthplace of coffee
▼ + stars: | 2024-01-25 | by ( Arya Jyothi | ) edition.cnn.com time to read: +6 min

Every year since 1993, the Italian coffee manufacturer has produced a photography calendar, featuring images from the likes of Helmut Newton, David La Chapelle and Annie Leibovitz. This year’s edition celebrates the African continent as the birthplace of coffee (widely considered to be Ethiopia). But the theme itself, for me, was so powerful,” said 33-year-old Kenyan photographer Thandiwe Muriu. Photo by Thandiwe Muriu / 2024 Lavazza CalendarFor 31-year-old South African photographer and filmmaker Aart Verrips, the Lavazza project, and its emphasis on Africa and African creatives, is a big step forward in terms of recognition. “I brought that [theme] into every kind of image [for the Lavazza calendar],” said Verrips.

Persons: Helmut Newton, David La Chapelle, Annie Leibovitz, Thandiwe, Aart Verrips, Daniel Obasi, Giuseppe e, ”, Thandiwe Muriu, “, ” Muriu, Muriu, ” Verrips, Daniel Obasi’s, Obasi, ” Obasi, we’ve Organizations: CNN, Lavazza Locations: Ethiopia, “, Africa, African, Europe, Badagry, Lagos State

NEW YORK (AP) — The Biden administration proposed banning another type of bank “junk fee” on Wednesday, targeting fees that are typically charged by banks when a transaction is declined in real time. It's the second major proposal by the Consumer Financial Protection Bureau over fees that Americans sometimes run into when they bank, following the bureau's announcement that it plans to reduce overdraft fees to as little as $3. The CFPB used the example of a customer trying to buy $100 in groceries with $90 in their bank account, and the transaction is declined at checkout. When this happens, banks can charge a fee when a customer attempts to withdraw or debit their account more than their available funds. Biden has made the elimination of “junk fees” one of the cornerstones of his administration’s economic agenda heading into the 2024 election.

Persons: —, Biden, “, Banks, ”, Rohit Chopra, Joe Biden, Chopra Organizations: Consumer Financial

☆ BodyArmor thinks eliminating this one ingredient will help it topple Gatorade
▼ + stars: | 2024-01-18 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +4 min

New York CNN —Coca Cola-owned BodyArmor is unleashing its newest beverage as part of its years-long effort to overthrow Pepsi’s Gatorade from its position as the top-selling sports drink brand. Rolling out to retailers this month is BodyArmor Zero Sugar, a sugar-free version of its popular flavored sports drink, taking aim at Gatorade’s G Zero beverages. “We know that there is a consumer that looks specifically for zero sugar, and until now, BodyArmor didn’t have a product to play with there.”BodyArmor Zero Sugar comes in four flavors, including fruit punch, lemon lime, orange and cherry lime. BODYARMOR Sports DrinkSweating from competitionBodyAmor has been gaining on the dominance Gatorade has held for about six decades but still lags far behind. Research firm Euromonitor reports that Gatorade commanded 63.5% of US sports drink marketshare in 2023, compared to BodyArmor’s 12% and 14.3% for its sister brand Powerade.

Persons: Pepsi’s, isn’t, Federico Muyshondt, Coke, “, BodyArmor, ” Muyshondt, It’s, ”, Muyshondt, BodyAmor, Zero, Duane Stanford, Powerade, Stanford, ” Stanford, BodyArmor’s Muyshondt, “ BodyArmor Organizations: New, New York CNN, Pepsi’s Gatorade, Gatorade, CNN, Research, Beverage Digest, BodyArmor, Stanford Locations: New York, Canada

☆ These are the skills employers are looking for as AI use expands, according to leaders at Davos
▼ + stars: | 2024-01-17 | by ( Kylie Kirschner | ) www.businessinsider.com time to read: +5 min

Read previewSince the release of ChatGPT just over a year ago, it's become increasingly clear that the world will have to adapt as the influence of generative AI grows. And that's been borne out at this year's World Economic Forum in Davos, where AI has been a key topic. Business Insider spoke to industry leaders from companies including McKinsey, KPMG, IBM, and Coursera about the skills they believe will be important in the era of generative AI. Know how to optimize data for generative AI. "Being able to look at data, evaluate data, cleanse data, anonymize data — all that — is going to be even more important than historically it's been," Knopp said.

Persons: —, it's, Katy George, George, Paul Knopp, Knopp, that's, Jeff Maggioncalda, Maggioncalda, John Granger, Granger Organizations: Service, Business, Economic, McKinsey, KPMG, IBM, KPMG US, IBM Consulting, Employees Locations: Davos, Maggioncalda

☆ An upgrade, a 'top pick' and a potential deal: 3 of our stocks make news Tuesday
▼ + stars: | 2024-01-16 | by ( Paulina Likos | ) www.cnbc.com time to read: +6 min

We're taking a closer look at a few of our stocks in the headlines on Tuesday: Starbucks, Constellation Brands and Walt Disney. The firm said it is looking beyond the current quarter, noting that Starbucks is "underearning vs its potential." Constellation Brands News: Bernstein named Constellation Brands its top pick for 2024 in a Tuesday research note. That's why a potential partnership that would give equity ownership of ESPN to a professional sports league would be so interesting. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Walt Disney, Morgan Stanley, Bernstein, Jim, Bob Iger, Wells Fargo, Nelson Peltz, Jim Cramer's, Jim Cramer, Spencer Platt Organizations: Starbucks, Constellation Brands, Walt, Modelo, Disney, ESPN, National Football League, New York, NFL Media, NFL Network, Players Association, NFL, Netflix, CNBC, People, Starbucks Workers United, Getty Locations: Israel, China, Corona, Pacifico, New, New York City

☆ Seeking nominations for the top founders innovating and reshaping social media
▼ + stars: | 2024-01-08 | by ( Sydney Bradley | Amanda Perelli | ) www.businessinsider.com time to read: +1 min

Business Insider is looking for startup founders building new and innovative social-media platforms. AdvertisementA lot of social media has become quite … boring. Last year, we wrote about how social media as we knew it — namely, the classic feed — was on the decline and instead, users were opting for group chats and smaller, niche apps and online communities. Who are the founders building the anti-Instagrams? AdvertisementThe list of founders will be determined by BI based on our reporting and the nominations we receive.

Persons: — Organizations: Service, BI, Google

☆ GitHub execs say coders are rushing to use its AI coding tool despite copyright concerns
▼ + stars: | 2023-12-19 | by ( Rosalie Chan | ) www.businessinsider.com time to read: +7 min

Last month, the company launched new updates to Copilot Chat, a chat function that can help developers troubleshoot bugs or answer coding questions. Copyright risksIn September, Microsoft announced a policy that it would provide indemnification coverage to copyright claims related to its AI-powered Copilot tools, including GitHub Copilot. If customers don't want their code included in training sets for AI, they can make their GitHub code bases private. "That's part of listening to the community and trying to understand the feedback and how can we help," McKinley said. "Others are experimenting with AI," Shani said.

Persons: GitHub, GitHub's, Shelley McKinley, McKinley, Inbal Shani, Shani, GitHub McKinley, she's, OpenAI, we've, We're Organizations: Business, Microsoft, Northern Locations: GitHub, Northern California

☆ LinkedIn shelved planned move to Microsoft Azure, opting to keep physical data centers
▼ + stars: | 2023-12-14 | by ( Jordan Novet | ) www.cnbc.com time to read: +4 min

LinkedIn has set aside an effort to relocate its data center technology out of its physical facilities and into Microsoft's Azure cloud, according to people familiar with the matter. A LinkedIn spokesperson confirmed that the Microsoft subsidiary changed direction on Blueshift and said LinkedIn continues to use Azure. Under the leadership of Nadella, Microsoft has moved some of its acquired assets to Azure, including GitHub and Minecraft developer Mojang. More recently, Azure has gained attention because of Microsoft's investment in OpenAI, which uses Azure infrastructure for running the large language models powering ChatGPT and other products. Microsoft said in October that third-quarter revenue from Azure and other cloud services grew 29%, while LinkedIn revenue was up 8%.

Persons: Satya Nadella, Mohak Shroff, Raghu Hiremagalur, we've, Hiremagalur, Nadella, OpenAI, LinkedIn's Karin Kimbrough Organizations: Microsoft, LinkedIn, Amazon Web Services, CNBC, Nadella, Wired, OpenAI Locations: Blueshift, OpenAI

☆ Italian designers Krill are using fruit peel to make furniture
▼ + stars: | 2023-12-04 | by ( Arya Jyothi | ) edition.cnn.com time to read: +6 min

Using fruit peel, orange seeds and coffee ground waste collected from businesses in Italy, Krill products can be redistributed to the same businesses for use in their offices, instead of furniture made from common plastics. “After three or four years, you have to change your furniture [anyway],” says Marco Di Maio, director of operations at Krill. “But if all that furniture was made using our materials, we would be able to recover them, crush them and print other furniture with the same material. First, the food waste is dried and crushed into a very fine powder. It’s also looking to develop injection molding — injecting the molten compound of food waste and PHB into a mold instead of 3D-printing — which could cut costs and save time.

Persons: “, ”, Marco Di Maio, Di Maio, won’t, Rekrill, we’ve, ” Di Maio, San, Iles, Ellen MacArthur, bioplastics, ” Iles, It’s Organizations: CNN, Circle Economy Foundation, bioplastics, Ellen MacArthur Foundation Locations: Milan, Italy, San Pellegrino, Sicily, “

☆ How Deere is preparing for a fully autonomous farm by 2030
▼ + stars: | 2023-12-01 | by ( Kiley Lambert | ) www.cnbc.com time to read: +6 min

Jahmy Hindman is senior vice president & chief technology officer of Deere & Company , a position he has held since July 2020. The best example of this is our See & Spray technology. Before AI, farmers had to spray the entire field to get rid of the weeds. AI will also help us reach our goal of creating a fully autonomous production cycle for corn and soybean farmers by 2030. An example of this is the ability to retrofit See & Spray technology onto a sprayer built in 2018.

Persons: Jahmy Hindman, Hindman, John Deere, we've, we'll, we're, It's, it's Organizations: Deere & Company, Solutions, CNBC, Summit, Technology, Big Tech, Hindman : Technology, Deere Locations: Hindman

☆ Sending money both at home and abroad can have its challenges. New innovations are tackling those problems.
▼ + stars: | 2023-11-30 | by ( Sponsor Post | Created Insider Studios With Mastercard | ) www.businessinsider.com time to read: +5 min

Almost half — 47% — of SMEs who have experienced problems with international payments say they have become less confident about sending money across borders and as a result send fewer payments overseas. "The market expectation is that the user experience for domestic payments can be replicated with cross-border payments. However, cross-border payments still face a lot of challenges. "Against this backdrop, it's never been more crucial for cross-border payments to arrive safely. The G20 Roadmap for Enhancing Cross-Border Payments aims to make such transactions "cheaper, faster, more transparent, and more accessible" by 2027.

Persons: Rasika Raina, Mastercard's, Raina, it's Organizations: Mastercard, Research, Insider Studios

☆ Stock trading platform Robinhood to launch in UK after two failed attempts
▼ + stars: | 2023-11-30 | by ( Ryan Browne | ) www.cnbc.com time to read: +3 min

Features include the ability to choose from 6,000 U.S. stocks and 24-hour trading five days a week. Robinhood currently offers 24-hour trading in the U.S., allowing trades to happen outside 9:30 a.m. Robinhood won't offer U.K. stocks to begin with but will look to add them as it brings more products into the platform. Jordan Sinclair, Robinhood's U.K. chief, said he expects 24-hour trading to be popular, as it will let users trade on market-moving news. Dan Moczulski, U.K. managing director of EToro, a rival stock trading platform, said the arrival of more competition in the retail trading market marks "an exciting time for the industry."

Persons: Rafael Henrique, Robinhood, Jordan Sinclair, Sinclair, Tenev, Dan Moczulski, Moczulski, Vlad Tenev, We've Organizations: Getty, Robinhood's, CNBC Locations: U.S, British, England

☆ 25 promising sports startups to watch, according to VCs and other top investors
▼ + stars: | 2023-11-28 | by ( Margaret Fleming | Ashley Rodriguez | ) www.businessinsider.com time to read: +1 min

Business Insider asked top sports VCs and investors for the most promising startups in the space. They came back with companies innovating in AI, tech, ticketing, media, betting, and more. Some companies like WSC Sports work with the pros, while others like ARod's Jump are yet to reach the market. Startups are upending nearly every corner of the sports landscape, from the way athletes train, to ticketing in stadiums, to how fans bet on sports. This story is available exclusively to Business Insider subscribers.

Organizations: WSC, Business

☆ Microsoft exec says OpenAI employees can join with same compensation
▼ + stars: | 2023-11-21 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +2 min

Microsoft CTO Kevin Scott on Tuesday offered to match compensation for the hundreds of employees at OpenAI who are threatening to resign following Sam Altman's sudden ouster as CEO. "Know that if needed, you have a role at Microsoft that matches your compensation and advances our collective mission." But, the comment gives some clarity to what Microsoft is willing to pay employees and how many it would hire. Early Monday morning, Microsoft CEO Satya Nadella said that Altman, Greg Brockman, who resigned as OpenAI's president, and their colleagues would join Microsoft as part of a new AI research group. More than 600 OpenAI employees then signed a letter to the company's board and threatened to join their former boss at Microsoft unless the members resigned.

Persons: Kevin Scott, Sam Altman's, Sam Altman, Scott, Altman, Satya Nadella, Greg Brockman, Nadella, Brockman, OpenAI, Emmett Shear, Ilya Sutskever —, — Adam D'Angelo, Tasha McCauley, Helen Toner, Sutskever, Jordan Novet Organizations: Research, Microsoft, CNBC Locations: OpenAI

Microsoft CEO Satya Nadella told CNBC's Jon Fortt on Monday that the governance structure of OpenAI needs to change, three days after the sudden firing CEO Sam Altman. Early Monday morning Nadella said that Altman, Brockman and their colleagues would join Microsoft as part of a new AI research group. That post followed news that ex-Twitch CEO Emmett Shear had been named OpenAI interim head as Altman looked to depart. Nadella told Fortt that Microsoft respects OpenAI's nonprofit roots and shares its belief that AI needs to be developed and rolled out in a safe manner. WATCH: A timeline of the drama between Sam Altman, OpenAI and Microsoft

Persons: Satya Nadella, CNBC's Jon Fortt, Sam Altman, Nadella, Altman, OpenAI, Greg Brockman, Brockman, Emmett Shear, Fortt Organizations: Microsoft, Tiger, Sequoia Capital

☆ EVs need new and improved tires. These 7 companies are reinventing them for the electric era.
▼ + stars: | 2023-11-20 | by ( Andrew Moseman | ) www.businessinsider.com time to read: +7 min

Drivers must keep track of their condition because driving on old, bald tires is a disaster waiting to happen. And disposing of or recycling millions of old tires around the world is a dirty business in dire need of new solutions. For eco-minded users, Treads promises to recycle all your old tires and donate a percentage of profits to atmospheric carbon removal. SailunLocation: ChinaSailun is not a startup, but an established Chinese tire company. Sailun says the rubber compound in its ERange electric vehicle tires has a lower rolling resistance compared to ordinary tires.

Persons: —, James Dyson, It's, Tyromer, Michigan's, TyreFlow, Sailun, Andrew Moseman Organizations: Service, Smart Tire, NASA's Glenn Research Center, Smart Tire Company, NASA, Program, Hyundai, Kia, British, Planet Fund, Imperial College London, University of Waterloo, Discount Locations: Los Angeles , California, London, Ontario, Canada, Plymouth , Michigan, Texas, Park City , Utah, Lancaster, Pennsylvania, U.S, China

☆ Here are three key takeaways from Microsoft's bullish AI event
▼ + stars: | 2023-11-17 | by ( Morgan Chittum | ) www.cnbc.com time to read: +5 min

During Microsoft's Ignite conference in Seattle this week, the software giant announced its foray into the AI processor market with two new chips , a deepening partnership with leading AI chipmaker Nvidia (NVDA), additional features for AI assistant 365 Copilot and more. Shares have since notched all-time highs , boosted by startup OpenAI — whose technology powers several of Microsoft's AI offerings — announcing its most powerful tool to date at the start of November. Here are the Club's top-three takeaways from Microsoft's Ignite conference, along with what Wall Street's saying about the event . The chief executive said generative AI could one day be " bigger than the internet, by far ," while announcing joint AI projects with Microsoft. Microsoft stock has been the best."

Persons: Maia, Jeff Marks, Jensen Huang, Jim Cramer, Jefferies, Goldman Sachs, Jim Cramer's, Jim, Satya Nadella, Sam Altman, Justin Sullivan Organizations: Microsoft, Club, Microsoft's Ignite, Nvidia, Foundry Service, CNBC Locations: Seattle, OpenAI, San Francisco , California

Thursday's early calls featured a retail upgrade and an EV charging stock downgrade. The analyst reiterated his buy rating and $450 price target on the stock. Microsoft's AI cybersecurity solution Security Copilot, which was only recently expanded through an early access program on Oct. 19, already has tons of pent-up interest, Thill said. The firm downgraded shares from neutral to underperform and lowered its price target on the stock by $17 to $43. He gave the stock a $50 price target — $13 higher from the previous one — which implies 23.1% upside for shares since Wednesday's close.

Persons: Wells Fargo, Goldman Sachs, Kash Rangan, Rangan, Maia, Brent Thill, Thill, Vivek Arya, Arya, Raimo, Microsoft's, — Pia Singh, Elizabeth Suzuki, Vijay Rakesh, Rakesh, Vikram Bagri, Bagri, Fred Imbert, Edward Kelly, Kelly Organizations: CNBC, Citi, Microsoft's Ignite, Jefferies, Microsoft, Bank of America, Nvidia, Devices, Barclays, Advance, AAP, Mizuho, Intel, Mizuho Securities, Foundry, Foundry Services, Sapphire, Sierra, AMD, Wells Locations: Seattle, U.S, Wells Fargo, Wednesday's

☆ You can now build your own version of ChatGPT—here’s what to know
▼ + stars: | 2023-11-11 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +3 min

On Monday, OpenAI, the company that created ChatGPT, announced users will now be able to create customized versions of the viral AI chatbot. Typically, you would need to have a good understanding of coding and machine learning, plus access to large sets of training data, if you wanted to build a useful AI chatbot. But now, "anyone can easily build their own GPT — no coding is required," OpenAI said in its Nov. 6 blog post. "There could be funny chatbots, serious chatbots or chatbots that can give you personalized advice." For example, a famous chef may be able to build their own AI chatbot that has knowledge of their personal cooking style and recipes, says Lipson.

Persons: OpenAI, Hod Lipson, They're, Lipson, Warren Buffett Organizations: Columbia University, CNBC

☆ The best and worst restaurant chain apps, from Starbucks to McDonald's
▼ + stars: | 2023-11-06 | by ( Nancy Luna | ) www.businessinsider.com time to read: +11 min

We can order food, earn rewards, and find unique online-only offers. McDonald'sAfter lagging behind rivals for years, the chain's app now has over 57 million active members. That feature has been around since Dunkin's mobile app first launched in August 2012. The chain first began testing mobile ordering in a handful of markets in 2009 before going national in 2011. For example, the Chipotle app gives you uber-specific portion size choices such as "normal," "extra" or "light' servings.

Persons: —, Taco Bell, Dunkin, Taco, Brian Niccol, it's, Wendy's, Burger King, Domino's, They've, I'm, Joe, Chipotle Organizations: Starbucks, Service, Subway Subway, Subway, Restaurant, Taco Bell, Burger, Chipotle Locations: Cava, Burger

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