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Bank of America Customized Cash Rewards Credit Card OverviewThe Customized Cash Rewards Credit Card for Students' long 0% introductory APR is a standout addition to a card that also offers a welcome bonus and ongoing rewards. If your credit falls short, consider other options like a secured credit card or a starter credit card that gives you a better shot at approval. Bank of America Customized Cash for Students RewardsStudent and no-fee credit cards don't always come with welcome bonuses or earn rewards for ongoing spending, but the Customized Cash Rewards Credit Card for Students offers both. Bank of America Customized Cash Rewards for Students Benefits and FeaturesThe Customized Cash Rewards Credit Card for Students doesn't come with luxury benefits like airline and hotel status or expedited airport security. Compare the Bank of America Customized Cash Rewards for StudentsWe compared the Customized Cash Rewards Credit Card for Students with two other popular student credit cards.

Persons: don’t, you'd, cardholders, Merrill, You'll, you've, doesn't, you'll Organizations: Business, Bank of America, of America, Mobile Banking, Students, Amazon, Target, Walmart, Costco, Sam's, Merrill, Capital, Uber, Capital One Entertainment Locations: Capital

Discover it® Cash Back OverviewIf you prefer earning cash back without paying an annual fee, the Discover it® Cash Back is one of the best cash back credit cards out there. Discover it® Cash Back Benefits and FeaturesThe Discover it Cash Back is a fairly straightforward card. Like the Discover it® Cash Back, it has no annual fee and Discover will match your cash back earned after your first account year. Like the Discover it® Cash Back, the Citi Custom Cash℠ Card has no annual fee. Discover it® Cash Back Frequently Asked QuestionsWhat credit score do I need to be approved for the Discover it® Cash Back?

Persons: you’ve, You'll, That's, you've, you'll, Chase, There's Organizations: Business, Citi, Walmart, Discover, American Cancer Society, Children's Miracle Network, Diabetes Research Foundation, World Wildlife Fund, Cash Locations: Discover

The information for the following product(s) has been collected independently by Business Insider: Bank of America® Customized Cash Rewards Credit Card for Students, Chase Freedom® Student credit card. Discover it Student Cash Back Card RewardsHow to Earn RewardsTo maximize the cash back you earn with the Discover it® Student Cash Back, you'll need to activate the rotating bonus categories each quarter through your online Discover account. Discover it Cash Back Student Card Frequently Asked QuestionsIs the Discover it Student Credit Card only for students? Discover allows you to have a maximum of one Discover student credit card account. However, you're eligible to apply for a second Discover credit card after your first Discover credit card has been open for more than 12 months and you're no longer a student.

Persons: you've, it's, You'll Organizations: Business, Bank of America, Discover, Walmart, PayPal, American Cancer Society, Children's Miracle Network, Diabetes Research Foundation, World

Discover it Student Chrome Benefits and FeaturesOutside of the Cashback Match™ offer and 2% bonus categories, there are a few perks that help the Discover it® Student Chrome stand out from the regular Discover it® Chrome. Discover it Student Chrome Annual Fee and Other CostsThe Discover it® Student Chrome doesn't charge an annual fee or foreign transaction fees. What's the difference between the Discover it Student Cash Back and Discover it Student Chrome? Both the Discover it® Student Chrome and Discover it® Student Cash Back are meant for current college or university students. Opening a student credit card like the Discover it® Student Chrome can help you build a positive credit history and credit score.

Persons: you’ve, you've, Banks, you'll, it's, cardholders, Price Organizations: Business, Bank of America, Gas, Discover, Trust, Amazon, PayPal, Uber, Capital One Entertainment, Capital, Walmart, Target, Chrome, Finance Locations: Capital

Best Credit Cards With No Foreign Transaction Fee of 2024Discover it® Cash Back: Best with no annual feeChase Sapphire Preferred® Card: Best travel card with an annual fee under $100Chase Sapphire Reserve®: Best premium travel cardThe Platinum Card® from American Express: Best premium card with the most benefitsCapital One Venture Rewards Credit Card: Best card with the simplest reward structureIntroduction to No Foreign Transaction Fee Credit CardsForeign transaction fees are some of the most irritating charges associated with credit cards. Other credit cards offer higher rewards in certain categories of spending Insider’s Take If you want an easy, no-fuss travel rewards credit card, the Capital One Venture Rewards Credit Card is a great fit. Other credit cards offer higher rewards in certain categories of spending Insider’s Take If you want an easy, no-fuss travel rewards credit card, the Capital One Venture Rewards Credit Card is a great fit. No Foreign Transaction Fee Credit Card Frequently Asked QuestionsHow do foreign transaction fees work? Why You Should Trust Us: How We Chose the Best Credit Cards With No Foreign Transaction FeesVirtually all of the best travel rewards credit cards waive foreign transaction fees by this point, so for this guide, we focused on narrowing it down to the best options in various categories.

Persons: you’ve, Chase Travel ℠, Chase, Uber, Wiley, Julie Mehretu, Peacock, Uber Cash, Miles, There's, You'll, you'll Organizations: Chase, Chase Sapphire, American Express, Walmart, Discover, Chase Travel, Sapphire, Hotel, FDIC, TSA, Express, Hilton, Marriott, Saks, Entertainment, Disney, ESPN, The New York Times, Street, American, Global, Saks Fifth, Capital, Sapphire Reserve, Austin Airport, Amex, Visa, Mastercard, Business Locations: airfare, Hulu, Hong Kong, Boston, Chevron

☆ Morgan Stanley says there's an AI opportunity investors are missing — and this chip stock is top way to play
▼ + stars: | 2024-07-19 | by ( Hakyung Kim | ) www.cnbc.com time to read: +1 min

Semiconductor manufacturer Arm Holdings may be a key player in the rise of "edge AI," according to Morgan Stanley. Edge AI refers to deploying AI models and machine learning on local devices, such as sensors or Internet of Things devices, rather than on the cloud. The growing edge AI landscape gives the company opportunities throughout smartphones, auto vehicles and even in AI PCs, said Simpson. In particular, the rise of chips in auto vehicles is a significant opportunity, Simpson believes, forecasting auto royalties to soar to $1.1 billion by 2030. "We think of Arm products as fundamental to the successful emergence of edge AI," Simpson said.

Persons: Morgan Stanley, Lee Simpson, Simpson Organizations: Arm Holdings, Edge, ARM

☆ A major shift at Starbucks has changed its personality
▼ + stars: | 2024-07-19 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +9 min

Employees who brewed and served Starbucks coffee, whom Starbucks called baristas, handwrote customers’ names on their drink orders. But Starbucks’ business has transformed, and it has struggled to maintain its identity as that third place along the way. In some stores, customers complained online that Starbucks pulled out comfortable chairs and replaced them with hard wooden stools. Mobile ordering was another major step in Starbucks’ road to becoming primarily a take-away business. Starbucks also is opening 2,000 new stores, including traditional Starbucks locations, pick-up stores, delivery-only stores and drive thru-only locations.

Persons: Howard Schultz, ” Schultz, “, Stephen Brashear, Michelle Eisen, ”, ” Eisen, Laxman Narasimhan, — it’s, Schultz, Tim Boyle, Wall, Tom Cook, Casey, “ It’s, Cook, ” ‘, Michael Casey, Alex Wong, Joe Pine, Eisen Organizations: New, New York CNN, Starbucks ., Starbucks, Employees, Getty, Starbucks Workers, LinkedIn, Mobile, Horizons, Harvard Business Locations: New York, America, Buffalo , New York, United States, North America, U.S, Newsmakers, Buffalo

☆ Nokia shares slide 8% after posting lowest quarterly net sales figure since 2015
▼ + stars: | 2024-07-18 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +1 min

BARCELONA, SPAIN - FEBRUARY 26: A logo sits illuminated at the Nokia booth in the Mobile World Congress 2024 on February 26, 2024 in Barcelona, Spain. (Photo by Xavi Torrent/Getty Images)Shares of Finnish telecom firm Nokia tumbled on Thursday after the company reported a 32% drop in second-quarter operating profit on the back of weak demand for its 5G equipment. Earlier in the day, Nokia said its comparable operating profit declined to 423 million euros ($462 million) in the second quarter, down by nearly a third from the 619 million euros posted in the same period of last year. Citing "ongoing market weakness," the company said net sales also eased by 18% to 4.47 billion euros – the lowest level achieved since the fourth quarter of 2015, according to LSEG data. The landscape likewise remains "challenging as operators continue to be cautious" in the mobile networks sector, he warned.

Persons: Xavi Torrent, Pekka Lundmark Organizations: Nokia, Mobile, Xavi Locations: BARCELONA, SPAIN, Barcelona, Spain, Helsinki, London

The Q3 2024 bonus categories are gas and EV charging, movies, and ticketed live entertainment events such as concerts and shows. That's why you can think of the Chase Freedom Flex® and Chase Freedom® bonus categories as earning you either 5% back or 5x points. Q3 2024: Chase Freedom Flex® and legacy Chase Freedom® cardholders can activate bonus categories online or through their Chase account until September 14, 2024. Points earned on the Chase Freedom Flex® and the Chase Freedom® can be transferred to certain travel credit cards for significantly higher value. In Q3 2024, the bonus categories are gas and EV charging, movies, and live entertainment.

Persons: cardholders, Chase, takeout, you’ve, Cash, you've Organizations: Business, Citi, Citi Strata Premier, Card, Citi Prestige, EV, Walmart, Freedom, Chase, Chase Travel, PayPal, Foods, Gas, Amazon, Target, Wholesale, eBay, Cable, Department, Chase Travel ℠, Sapphire, United, Hyatt, Marriott, Discover, Restaurants, Citi Prestige ®, JetBlue, Singapore Airlines, Chase Credit, FDIC Locations: United Airlines, drugstores, Chevron

☆ Samsung shares hit over 3-year high after better-than-expected guidance on strong AI demand
▼ + stars: | 2024-07-05 | by ( Sheila Chiang | In Sheilachiang | ) www.cnbc.com time to read: +1 min

The stock climbed as much as 2.24% on Friday morning, trading at a high of 86,500 Korean won ($62.73), according to LSEG data. The expected operating profit beat a LSEG estimate of 8.51 trillion won. The firm also said it expects revenue for the second quarter to be between 73 trillion to 75 trillion won, from 60.01 trillion won a year ago. This is in line with the 73.7 trillion won estimated by LSEG analysts. The South Korean electronics giant saw record losses in 2023 as the industry reeled from a post-Covid slump in demand for memory chips and electronics.

Persons: Joan Cros Organizations: Samsung, Mobile, Getty, Samsung Electronics, South, LSEG, Business Locations: Barcelona, Spain, Korean

☆ Microsoft reaches settlement in California over claims it punished employees for taking protected time off
▼ + stars: | 2024-07-03 | by ( Jordan Novet | ) www.cnbc.com time to read: +2 min

Microsoft is paying $14.4 million to settle a case in California over allegations that the company retaliated against employees who had taken legally protected time off. Within core Microsoft, women represented 31.2% of the workforce in 2023, up from 27.6% in 2019, according to the company's latest diversity report. Employees have reported feeling worried about retaliation after asking for protected leave, according to the California complaint. As part of the settlement, Microsoft will provide training to direct and second-level managers of staff members in California and to human-resources employees who deal with their bonuses and merit increases. Managers will also be instructed not to consider time off for protected leave when making "impact" decisions.

Persons: Microsoft's, Microsoft didn't, Satya Nadella, Mustafa Suleyman Organizations: Microsoft, Mobile, California's Civil Rights Department, Employees Locations: Barcelona, California, Redmond , Washington

☆ You're probably missing out on this international travel hack that saves time at the airport and costs nothing
▼ + stars: | 2024-06-28 | by ( Joey Hadden | ) www.businessinsider.com time to read: +6 min

AdvertisementMobile Passport ControlInternational travelers use Mobile Passport Control to get through customs. While it's a more useful perk than Mobile Passport Control, not every international traveler wants to pay $100 and go to the airport for an interview. Global Entry and Mobile Passport Control lanes. How to use the appOnce your flight lands in the US, open the Mobile Passport Control app. The Mobile Passport Control app presented on an iPhone.

Persons: —, Sean Cudahy, Guy, Joe Raedle, John F, Kennedy, Cudahy, It's, I've, Chris Hondros, Getty Images Cudahy, you'll, Joey Hadden Organizations: Service, US Customs, Border Protection, CBP, Business, Control, Getty, Mobile, Google, Apple, Dallas Fort, Residents, Visa, Global, TSA, Getty Images Locations: Dallas Fort Worth

☆ Chinese smartphone maker Honor says AI's power is 'worthless' without data privacy
▼ + stars: | 2024-06-28 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +3 min

watch now"Without data security and user privacy protection, AI will become worthless," Zhao said in Mandarin, translated by CNBC. But I believe on-device AI, in its capabilities and empowerment of consumers, will become more and more intimate, more and more understanding." "It will give consumers more support and help them interact with the future AI world," he added. He said a system collecting lots of user data to deliver more personalized features becomes a "stronger" object compared to the individual using the system. The Honor Magic V2, the latest foldable smartphone from the Chinese manufacturer, is on display at the Mobile World Congress 2024 in Barcelona, Spain.

Persons: George Zhao, John Hoffman, Zhao, Apple, OpenAI's Organizations: Shanghai Mobile, Congress, CNBC, Apple, Mobile, Apple Intelligence, Baidu, Google, Nurphoto, Getty Locations: HANGZHOU, China, U.S, Shanghai, Barcelona, Spain

☆ A peak boomer who lives on $1,100 monthly from Social Security struggles to afford food: 'I have to survive, I have no choice.'
▼ + stars: | 2024-06-23 | by ( Allie Kelly | ) www.businessinsider.com time to read: +5 min

Read previewAngela Babin lives in a mobile home in Houma, Louisiana — about 60 miles southwest of New Orleans. She lives on her Social Security income, which she first started receiving in 2008 after she had to retire early for medical reasons. AdvertisementEven with the Social Security check and some SNAP food benefits, Babin said it's difficult to afford groceries. Like the millions of other older Americans living on a fixed Social Security income, Babin said it's difficult to get by. Are you living paycheck to paycheck or on Social Security?

Persons: —, Angela Babin, haven't, Ida, she's, Babin, hasn't Organizations: Service, Business, Social, Social Security, Security, Survey, Women, SNAP Locations: Houma , Louisiana, New Orleans, Louisiana

☆ There may not be many of them. But these Southern lesbian bars are still finding ways to thrive
▼ + stars: | 2024-06-15 | by ( Leah Asmelash | ) edition.cnn.com time to read: +14 min

While not an official tally, the Lesbian Bar Project aims to amplify and keep track of these spaces, which can register with the project. In the South, The Lipstick Lounge, Tennessee’s only bar registered with the Lesbian Bar Project, is in Nashville’s hip East End neighborhood. By the end of Burton’s trip, she found that the narrative of “dying lesbian bars” was maybe not totally accurate. “Sometimes it’s a physical shift from a lesbian bar to a bar that sometimes holds … queer or lesbian nights,” Burton said. Though the two are married, they don't classify their bar as a lesbian bar.

Persons: Sade, Tracy Chapman croon, Erin Karcher, “, Karcher, Joy Carter, ” Carter, it’s, ” Karcher, Lillian Faderman, you’re, “ We’re, ”, ” There’s, We’re, Krista Burton, Moby Dyke, —, isn’t, ” Burton, Burton, bartenders, Sue Ellen’s, Shamecca, they’ve, who’ve, ” Le’Teshia, Herz, Kimberly McKeand, CBS42, Le’Teshia, Christa Suppan, ” Suppan Organizations: CNN, Durham Performing Arts Center, Lesbian, Nucleus, Lesbian Bar, Gallup, Stonewall, Mobile Locations: Durham, Raleigh, North Carolina , Texas, Tennessee, Chicago, San Francisco, Durham , North Carolina, Georgia, Atlanta, Washington, North Carolina, New York, Seattle, America, Herz, Mobile , Alabama, Tulsa , Oklahoma, Dallas, Richmond , Virginia, Mobile, Gulf, Florida, Mississippi, ”, Virginia, Richmond

☆ Starbucks' Howard Schultz talks Steve Jobs screaming at him and wishing he'd trademarked the latte in a new podcast
▼ + stars: | 2024-06-09 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +10 min

Starbucks didn't sell its own coffee early on"When Starbucks opened in Pike Place Market in 1971, they were using Peet's Coffee. Howard Shultz is going to acquire Starbucks Coffee Company, and he's never going to hear from you again." Together the trio made the "huge decision" to sell Starbucks coffee in Costco, which sparked a "revolt inside the halls of Starbucks," Schultz said. Related storiesThe former Starbucks CEO faced similar blowback when he agreed to let United Airlines serve his company's coffee. "We're not a beverage company serving coffee, we are a coffee company serving people.

Persons: —, Howard Schultz, Schultz, Bill Gates, Steve Jobs, Costco's, Bernard Arnault, Lavazza, I've, Samuel Stroum, it's, Howard Shultz, he's, Brian Ach, latte, Jeff Brotman, Jim Sinegal, they've, Coke, Pepsi, Steve, Justin Sullivan, Blackstone, Alexandre, Louis Vuitton, Alexandre Arnault, Donato Sardella, Louis Organizations: Service, Starbucks, Business, Pepsi, Microsoft, Starbucks Coffee Company, Costco, United Airlines, Starbucks Facebook, Staff, Getty, Tiffany's, Louis Vuitton Locations: Coke, Pike, San Francisco, Seattle, Chicago, America, Costco, Atlanta, New York, Apple's, California, Mobile, Italy, Milan

CNN —AT&T’s second prolonged outage so far this year left customers irate on Tuesday, with experts criticizing the company’s response and saying the wireless company risked losing user loyalty over the issues. Because of the problem connecting to other carriers, thousands of Verizon customers also reported a service outage on Down Detector Tuesday. In a statement Tuesday, AT&T said it had resolved the outage and that calls between AT&T customers were not impacted. Tens of thousands of AT&T customers in America could not make phone calls, send texts, reach emergency services or access the internet. After two consecutive outages and a March data breach, North said AT&T needs to work to regain customer trust.

Persons: ”, Mojtaba, ” Vaezi, Karen North Organizations: CNN —, Verizon, Wireless, Laboratory, Villanova University, CNN, University of Southern, & & Locations: New York City, Chicago, Philadelphia, Dallas, Pittsburgh, Indianapolis, America, University of Southern California, Camden County , Georgia, Scranton , Pennsylvania

☆ Why the market shifted to defense, plus the lingering hangover of Dell's backlog
▼ + stars: | 2024-06-04 | 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. "We can't seem to mount any sort of rally for the likes of Club stocks Eaton and Dover . 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, that's, Cramer, Jim, Dell, Brown, Forman, we'll, Jim Cramer's, Michael Dell, Kike Rincon Organizations: CNBC, Labor, Procter, Procter & Gamble, Costco, May, Services, Jim Cramer's Charitable, Dell Technologies, MWC, Mobile World Congress, Fira, Gran, Europa Press, Getty Locations: Procter &, Costco, Eaton, Dover, CrowdStrike, Campbell Soup, L'Hospitalet de Llobregat, Barcelona, Catalonia, Spain

☆ Shares of Dell fall 16% as AI servers are sold at 'near-zero margins'
▼ + stars: | 2024-05-31 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +3 min

Shares of Dell Technologies fell more than 16% Friday after investors were discouraged by the company's lower-than-expected artificial intelligence server backlog and an estimated decline in margins. Bernstein analysts said the "principle disappointment" in Dell's results was that operating margins for its Infrastructure Solutions Group compressed year over year. Additionally, operating profits were flat compared with the same period last year, even though the company brought in around $1.7 billion in incremental AI server revenues. The analysts said this resurfaced concerns that Dell's AI servers are being sold at "near-zero margins." Bank of America analysts said Dell reported a strong quarter, and they reiterated their buy rating on the stock.

Persons: Michael Dell, Dell, FactSet, Bernstein, — CNBC's Michael Bloom, Kif Leswing Organizations: Dell Technologies, MWC, Mobile World Congress, Fira, Gran, Dell, Infrastructure Solutions, Bank of America, JPMorgan Locations: L'Hospitalet de Llobregat, Barcelona, Catalonia, Spain

☆ Dell shares fall despite growing AI server business
▼ + stars: | 2024-05-30 | by ( Kif Leswing | ) www.cnbc.com time to read: +2 min

Michael Dell, Chairman and CEO of Dell Technologies, is speaking at the Mobile World Congress 2024 in Barcelona, Spain, on February 27, 2024. Dell reported first-quarter earnings on Thursday that beat analyst estimates for earnings and sales, as the company has emerged as one of the top vendors for AI servers. When the company reported earnings in February, it reported earnings per share that were significantly higher than expectations. Dell reported $955 million in net income during the quarter, or $1.32 per diluted share, versus $578 million, or 79 cents, in the year-ago period. Dell's division including data center sales, called Infrastructure Solutions Group, saw sales rise 22% on an annual basis to $9.2 billion.

Persons: Michael Dell, Dell, FactSet, Jensen Huang Organizations: Dell Technologies, Mobile, Infrastructure Solutions, Dell, Nvidia, Solutions Locations: Barcelona, Spain

Daiwa raised its price target to $1,325 on Nvidia, calling for more than 15% upside. Mizuho, meanwhile, upgraded PayPal to buy from neutral with a price target that implies more than 45% upside. — Brian Evans 5:46 a.m.: Daiwa increases Nvidia price target, says company is AI's 'big winner' Shares of soaring chipmaker Nvidia have more room to run, according to Daiwa Capital Markets. Analyst Louis Miscioscia raised his price target on the chipmaker to $1,325 from $900, which implies more than 15% upside from Wednesday's close. Nvidia stock has gained roughly 132% in 2024, adding to last year's 238% surge, as investors cheer the company's AI prospects.

Persons: Daiwa, Mizuho, Okta's, OKTA, Peter Levine, Brian Evans, Maheep Mandloi, — Brian Evans, Baird, Michael Ha, Ha, Louis Miscioscia, Miscioscia, Dan Dolev, Dolev, Fred Imbert Organizations: CNBC, Nvidia, PayPal, Mizuho Securities, Solar Mizuho Securities, UnitedHealth, Daiwa, Markets, Mizuho, comm Locations: Wednesday's, OptumCare

☆ A top secret meeting is kicking off in Madrid with the CEOs of Google DeepMind, Anthropic and Microsoft AI in attendance
▼ + stars: | 2024-05-30 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +2 min

Google DeepMind co-founder and Chief Executive Officer Demis Hassabis gives a conference during the Mobile World Congress (MWC), the telecom industry's biggest annual gathering, in Barcelona on February 26, 2024. The CEOs of artificial intelligence heavyweights Google DeepMind, Microsoft AI, Anthropic and Mistral AI are among the elite list of business and political leaders attending a secretive meeting kicking off in Madrid, Spain, on Thursday. AI will once again dominate discussions at the annual Bilderberg Meeting after catapulting onto the agenda last year following the meteoric rise of the burgeoning technology. U.S. Deputy Treasury Secretary Wally Adeyemo, Ukrainian Foreign Minister Dmytro Kuleba and NATO Secretary General Jens Stoltenberg are also among the political figures who will attend for geopolitical discussions including on China and Russia. According to its organizers, the closed nature of the event aims to foster "informal discussions about major issues."

Persons: Demis Hassabis, Jane Fraser, Eric Schmidt, Albert Bourla, Wael Sawan, Peter Thiel, Wally Adeyemo, Dmytro Kuleba, Jens Stoltenberg Organizations: Google, Mobile World Congress, MWC, Microsoft, Mistral, Citigroup, Pfizer, NATO, Chatham House, Economic Locations: Barcelona, Madrid, Spain, Ukrainian, China, Russia, Spanish, Chatham, Davos, Switzerland

☆ Samsung faces probe after two chip workers exposed to radiation, authorities say
▼ + stars: | 2024-05-29 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +1 min

Samsung at the Mobile World Congress 2023 on March 2, 2023, in Barcelona, Spain. (Photo by Joan Cros/NurPhoto via Getty Images)South Korean authorities are investigating Samsung, after assessing that two workers at one of the tech giant's plants were exposed to radiation. The two patients, who are hospitalized, were showing "abnormal" symptoms of radiation exposure in their fingers, the Nuclear Safety and Security Commission in South Korea said in a Google-translated statement on Wednesday. The prospective radiation exposure incident took place at Samsung's Giheung plant, which is around 25 miles south of the South Korean capital of Seoul. The exact cause of the radiation exposure is not known at this time, with the Nuclear Safety and Security Commission carrying out an ongoing probe.

Persons: Joan Cros Organizations: Samsung, Mobile, Getty Images, Nuclear Safety, Security Commission, CNBC Locations: Barcelona, Spain, South Korea, Samsung's, Seoul

☆ AST SpaceMobile partners with Verizon, adding to AT&T coverage deal for satellite internet to phones
▼ + stars: | 2024-05-29 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +1 min

Satellite-to-phones service provider AST SpaceMobile announced a partnership with Verizon on Wednesday, adding to the company's recent deal with AT&T to provide remote coverage across the United States. AST SpaceMobile is building satellites to provide broadband service to unmodified smartphones, in the nascent "direct-to-device" communications market. The company's chairman and CEO, Abel Avellan, touted AST's agreements with Verizon and AT&T as "essentially eliminating dead zones and empowering remote areas of the country with space-based connectivity." Verizon's deal effectively includes a $100 million raise for AST, as well, in the form of $65 million in commercial service prepayments and $35 million in debt via convertible notes. The companies said that $45 million of the prepayments "are subject to certain conditions" such as needed regulatory approvals and signing of a definitive commercial agreement.

Persons: Abel Avellan, Kalapala Organizations: AST, Verizon, AT Locations: United States

☆ China's Honor will have Google AI features, including Gemini, on its upcoming smartphones
▼ + stars: | 2024-05-22 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +1 min

Honor will integrate generative AI experiences into its forthcoming hardware, which will be powered by Google Cloud, the company said. A spokesperson for the Chinese firm told CNBC that this would include Google's AI assistant Gemini, as well as Imagen 2, a text-to-image generation tool. Smartphone makers are attempting to bring AI features to their phones, in a bid to get users to upgrade to their latest flagship devices. The integration with Google's AI features builds on Honor already running the U.S. firm's operating system Android on its smartphones. Designing advanced generative AI features can be difficult for individual smartphone makers, so partnering with Google gives them a shortcut to the latest generative AI apps that employ the tech.

Persons: George Zhao, Gemini Organizations: CNBC, Mobile, Congress, Google, Samsung, Gemini

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