DIRS.INFO The most relevant business & tech news

☆ Here’s why high interest rates haven’t caused a US recession
▼ + stars: | 2024-03-19 | by ( Bryan Mena | ) edition.cnn.com time to read: +5 min

America’s economy remains remarkably solid, despite the high interest rates. The Fed dramatically cut interest rates in the early days of the Covid-19 pandemic to help shore up an economy dealing with high unemployment, prompting mortgage rates to also drop in tandem. Those homeowners who locked in an affordable 3% mortgage rate, for instance, aren’t likely to trade it for anything higher. Fed officials reflected in their latest economic projections from December that they expect to cut interest rates three times this year, which would also lower mortgage rates. That all means that Americans have been well equipped to deal with the effects of high interest rates.

Persons: Jerome Powell, ” Powell, ” Dan North, Freddie Mac, ” Karen Manna, Federated Hermes, “, ”, Powell Organizations: DC CNN, Federal Reserve, Reserve, CBS, Allianz Trade, CNN, Fed, Employers, Consumer Finances, Federated Locations: Washington

☆ Standing Up to China, Philippine Leader Courts New Network of Partners
▼ + stars: | 2024-03-16 | by ( Sui-Lee Wee | Camille Elemia | ) www.nytimes.com time to read: +1 min

With China aggressively asserting its claims on the South China Sea, President Ferdinand R. Marcos Jr. of the Philippines spent his first year on the job beefing up Manila’s alliance with its oldest ally, the United States. Mr. Marcos is adding a new intensity to his muscular foreign policy at a critical moment in his country’s territorial dispute with Beijing. In January, Mr. Marcos and the leaders of Vietnam, another country fighting off Chinese claims to the crucial waterway, pledged closer cooperation between their coast guards. This month, Mr. Marcos clinched a maritime cooperation deal with Australia. “It has to be recognized that the South China Sea handles 60 percent of the trade of the entire world.

Persons: Ferdinand R, Marcos Jr, Marcos, it’s, Mr Organizations: Maritime, Australia, South China, ASEAN, Association of Southeast Asian Nations Locations: China, Philippines, United States, Beijing, Vietnam, Europe, South, Berlin

It's all set up beautifully, and we can show you where to watch an Ireland vs. Scotland live stream for free today. ITV has you covered with today's free Ireland vs. Scotland live stream. You can also use it for more international viewing, such as:How to watch Ireland vs. Scotland live stream free from anywhereYou can watch Ireland vs. Scotland for free via the UK's ITVX streaming service. Sign in/create a free login and watch Ireland vs. Scotland. How to watch Ireland vs. Scotland live stream in the USANBC is the exclusive broadcast partner for the Six Nations in the United States.

Persons: ExpressVPN, Peacock, Stan Organizations: Business, Nations, Scotland, England, France, ITV1, BBC1, ITV, Ireland, Six Nations, USA NBC, BBC, Six, Australia Australian, Sports Locations: Ireland, Scotland, France, UK, USA, United States

It's great to see every game still matters in this final weekend of the Six Nations, and we can help you watch a free France vs. England live stream from anywhere. ITV has you covered with today's free France vs. England live stream. You can also use it for more international viewing, such as:How to watch France vs. England live stream free from anywhereYou can watch France vs. England for free via the UK's ITVX streaming service. How to watch France vs. England live stream in the USANBC is the exclusive broadcast partner for the Six Nations in the United States. So France vs. England will stream live on its Peacock streaming service (starts at just $5.99 monthly).

Persons: ExpressVPN, Peacock, Stan Organizations: Business, Six Nations, Scotland, ITV1, BBC1, ITV, Nations, England, USA NBC, BBC, Six, France, Australia Australian, Sports Locations: England, Ireland, France, UK, USA, United States

If you're tuning in late to the five-game cup, we'll help show you where to watch the Wales vs. Italy live stream for free, wherever you are. BBC1 has you covered with today's free Wales vs. Italy live stream. Short for virtual private networks, these handy apps let your devices mimic an international location so you can watch Wales vs. Italy online for free today. The BBC is showing the Wales vs. Italy live stream. How to watch Wales vs. Italy live stream in the USANBC is the exclusive broadcast partner for the Six Nations in the United States.

Persons: ExpressVPN, Peacock, Stan Organizations: Business, Six Nations rugby, Wales, ITV1, BBC1, Nations, Welsh, BBC, Six Nations, ITV, USA NBC, Six, Today's Wales, Australia Australian, Sports Locations: Italy, Wales, Ireland, France, USA, United States

☆ Even Apple's $2 billion fine seemingly hasn't stopped its beef with Spotify
▼ + stars: | 2024-03-15 | by ( Aaron Mok | ) www.businessinsider.com time to read: +1 min

Apple still hasn't responded to Spotify's request to update its EU app with price information. Spotify claims the silence is Apple's way of "avoiding" compliance with the DMA, per The Verge. Spotify issued the update a day after the EU hit Apple with a nearly $2 billion fine. AdvertisementNot even a nearly $2 billion fine from the European Commission seems to be able to stop Apple from beefing with Spotify. Apple reportedly hasn't acknowledged the update Spotify made to the European version of its app, according to an email Spotify sent to the EU Commission The Verge obtained.

Persons: —, hasn't Organizations: Apple, Spotify, EU, Service, Business

☆ Amazon's social commerce strategy: How the company could benefit from a TikTok ban
▼ + stars: | 2024-03-15 | by ( Kate Rooney | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAmazon's social commerce strategy: How the company could benefit from a TikTok banAmazon has been beefing up its social media shopping strategy, and some say could benefit from a potential TikTok ban. CNBC's Kate Rooney joins 'Squawk on the Street' with the details.

Persons: CNBC's Kate Rooney Organizations: Amazon

Wherever you are in the world, we can show you where to watch a free Wales vs. France live stream with just a few simple clicks. As detailed below, the best source of a free Six Nations live stream each week is via the UK channels, ITV1 and BBC1. BBC has you covered with today's free Wales vs. France live stream. BBC1 is showing the Wales vs. France live stream today and will host one of three games each weekend. Sign in/create a free login and watch Wales vs. France.

Persons: ExpressVPN, Peacock, Stan Organizations: Business, Nations, ITV1, BBC1, BBC, Wales, France, Six Nations, ITV, USA NBC, Six, Today's Wales, Australia Australian, Sports Locations: Italy, Wales, France, Ireland, USA, United States

Wherever you are in the world, we'll show you exactly where to watch England vs. Ireland for free. As detailed below, the best source of a free Six Nations live stream each week is via the UK channels, ITV1 and BBC1. ITV has you covered with today's free England vs. Ireland live stream. ITV1 is showing the England vs. Ireland live stream today and will host two out of three games each weekend. How to watch England vs. Ireland live stream in the USANBC is the exclusive broadcast partner for the Six Nations in the United States.

Persons: ExpressVPN, Peacock, Stan Organizations: Business, Ireland, Nations, England, ITV1, BBC1, ITV, BBC, Six Nations, USA NBC, Six, Australia Australian, Sports Locations: England, Ireland, France, USA, United States

☆ Sam Altman and Elon Musk are beefing, but the two share plenty in common
▼ + stars: | 2024-03-07 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're looking at Sam Altman's sprawling AI empire amid his beef with Elon Musk . AdvertisementBut first, the sun never sets on Sam Altman's AI empire. OpenAI CEO Sam Altman was thrust into the mainstream consciousness with the release of ChatGPT in 2022. Elon Musk and Sam Altman Michael M. Santiago/Getty, Nordin Catic/Getty, Tyler Le/BIThere is another tech billionaire whose vision exceeds a singular company. But unlike Musk, Altman has, somewhat incredibly, mostly skirted controversy (save for his ouster-then-return saga ).

Persons: —, There's, Sam Altman's, Elon Musk, Alastair Grant, Rebecca Zisser, Sam Altman, Altman, Darius Rafieyan, Sam Altman Michael M, Nordin Catic, Tyler Le, Elon, Musk, OpenAI, execs, Altman isn't, Robert Downey Jr, Tony Stark, Goldman Sachs, Jenny Chang, Rodriguez, Neema Raphael, Goldman's, Jerome Powell, Powell, Li Qiang's, Xi Jinping, Fernando Gutierrez, leapfrog, Ridley Scott's, Napoleon, BI's Peter Kafka, Elon Musk's, Joe Biden, Dan DeFrancesco, Hallam Bullock, Jordan Parker Erb, George Glover Organizations: Service, Elon, Business, OpenAI, Microsoft, Goldman, Beijing, Nvidia, leapfrog Apple, Apple, Google, FTC, Facebook, Variety, Tesla, Costco, Kroger, Digital Locations: China, Delaware, New York, London

☆ A Russian warship's last-resort machine-gun fire wasn't enough to defeat the Ukrainian sea drone assault that sunk it, video shows
▼ + stars: | 2024-03-06 | by ( Chris Panella | ) www.businessinsider.com time to read: +5 min

A newly surfaced video shows armed Russian crews attempting to defend a landing ship from Ukrainian sea drones. Russia has been upping its defenses against naval drones, but it's unclear how effective they are. AdvertisementA newly surfaced video shows a Russian warship crew making their last stand against Ukraine's exploding sea drones. The Ukrainian drones targeted and destroyed Black Sea Fleet warships, a section of the Kerch Bridge connecting occupied Crimea with Russia, attacked bases, and went after other key infrastructure in and around the Black Sea. New look at a Ukrainian Sea Baby USV, this one christened “Avdiivka”.

Persons: —, Caesar Kunikov, 4XYsK2WFPY, 🇺🇦🇷🇺, Ker Organizations: Service, Telegram, USVs, unm, unc Locations: Russian, Russia, Ukraine

☆ Wall Street weighs in on what's wrong with Apple and whether the stock can make a comeback
▼ + stars: | 2024-03-06 | by ( Samantha Subin | ) www.cnbc.com time to read: +6 min

But the tides have shifted in recent months as investors overlook the $2.6 trillion company for rosier AI opportunities. "Everybody's waiting for Apple to come along," said Max Wasserman, co-founder and senior portfolio manager at Miramar Capital. "Great cash flow, great balance sheet, but they're just not demonstrating that they're going to be the new leader in AI." Apple's AI story Last month, Apple pulled the plug on its decade-long autonomous vehicle project in what many on Wall Street viewed as a move to divert resources toward AI prospects. Another way Apple could satisfy the need for AI progress is through a merger or acquisition of a company with large-scale AI capabilities, Meeks said.

Persons: Max Wasserman, they're, Tim Cook, haven't, CFRA Research's Angelo Zino, Wasserman, That's, Paul Meeks, Miramar's Wasserman, Melius Research's Ben Reitzes, Rosenblatt's Barton Crockett, Meeks, hasn't, Michael Bloom Organizations: Apple, Miramar Capital, Nasdaq, Nvidia, Meta, Microsoft, Union, Huawei, Accounting, Portfolio Management, Apple's, Conference Locations: China

☆ Russia can't reach a pro-Russian region in Moldova easily — but there are ways it can cause trouble
▼ + stars: | 2024-03-05 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +5 min

Mikhail Svetlov/Getty ImagesMoscow is continuing its saber-rattling over the pro-Russian region of Transnistria in Moldova, and analysts are saying that while Russian authorities would find it hard to physically reach the breakaway region to annex it, there are still ways it can stir up pro-Russian unrest — and trouble for Moldova. All U.N. members consider the region to be part of Moldova, which has expressed a desire to reintegrate the region. Similarly to Ukraine, Moldova has a pro-Western government and wants to join the European Union. Problematically for Russia, Moldova and Transnistria are landlocked, sandwiched between Romania and Ukraine. CNBC has asked the Kremlin to comment on concerns that Moscow could look to destabilize Moldova and is awaiting a response.

Persons: Vladimir Putin, Mikhail Svetlov, Russia, Problematically, it's, Ian Bremmer, doesn't, Maia Sandu, Putin, Sergei Lavrov, Abdoulaye Diop, Maxim Shipenkov, Lavrov, Bogdan Tudor Organizations: Getty, Moldovan, Kremlin, Russia's Defense Ministry, European Union, Eurasia Group, Gazprom, Western, CNBC, Foreign Affairs, Cooperation of, Reuters, Russian, West, RIA Novosti, Google, Russian Federation, Institute for, EU, Afp Locations: Kremlin, Moscow, Russian, Transnistria, Moldova, Russia, Ukraine, Moldovan, Romania, Cooperation of Mali, Reuters Russia, Central Asia, USSR, Sochi, Donetsk, Luhansk, South Ossetia, Abkhazia, Georgia

☆ Just over half of Americans over the age of 65 are earning under $30,000 a year, and it shows how stark the retirement crisis is
▼ + stars: | 2024-03-04 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +4 min

Many older Americans are financially vulnerable, with over half living on incomes of $30,000 or less a year. And, as Sanders' report notes, about 10% of older Americans live in poverty, according to an analysis from the Center on Budget and Policy Priorities. Without Social Security income, around 38% of Americans 65 and older would be living below the poverty line. Even so, America's Social Security benefits lag behind many other wealthy countries; benefits amount to, on average, 51.8% of workers' earnings across the OECD. All of that comes as older Americans see their adult children leaning on them financially, as Gen Zers and millennials weather their own economic storms.

Persons: Bernie Sanders, —, Sanders, Zers, I'm, Jane, you'll Organizations: Service, Health, Education, Labor, Wall, Survey, Federal Reserve's Survey, Consumer Finance, Budget, Security, OECD, Social Security Locations: Japan

☆ France's Rafale fighter jet is so popular its manufacturer can't keep up
▼ + stars: | 2024-03-04 | by ( Michael Peck | ) www.businessinsider.com time to read: +6 min

France's Dassault Aviation may not be able to meet demand for its Rafale fighter jet. AdvertisementFrance's Rafale fighter has become so popular that the manufacturer may not be able to meet demand, according to a British think tank. Advertisement"The French aircraft maker aimed to produce 15 Rafales last year but only completed 13," IISS said. AdvertisementA French Dassault Rafale M fighter jet launches from the French aircraft carrier Charles De Gaulle during interoperability exercises with the aircraft carrier USS Dwight D. Eisenhower, March 3, 2020. This helps explain why the Rafale has become popular with India and several Middle Eastern nations.

Persons: —, IISS, Lockheed Martin, Richard Aboulafia, Charles De Gaulle, Dwight D, Eisenhower, Michael Peck Organizations: Dassault Aviation, Rafale, Service, International Institute for Strategic Studies, French Air Force, Navy, Defense News, Dassault, UAE, French, Lockheed, Dassault Rafale, US Navy, Kaleb, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: India, British, Ukraine, Egypt, Greece, Qatar, Croatia, UAE, Indonesia, Mica, France, , Michigan, Russia, Forbes

☆ What to Know About the Doctor Protests in South Korea
▼ + stars: | 2024-02-29 | by ( Jin Yu Young | ) www.nytimes.com time to read: +1 min

For more than a week, procedures at some of the largest hospitals in South Korea have been disrupted because thousands of medical interns and residents walked off their jobs. The dispute started in early February, when the government proposed admitting more students to medical schools to address a longstanding shortage of physicians in South Korea. The doctors then took to the streets to the protest the plan, threatening to strike or quit their jobs. Trainee doctors — who are a crucial part of large hospitals — started submitting their resignations on Feb. 19. As of Wednesday, nearly 10,000, or about 10 percent of all doctors in the country, had done so, according to government data.

Persons: ’, ’ pushback, — Locations: South Korea

☆ China doubles down on national security, expanding its state secrets law
▼ + stars: | 2024-02-28 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +4 min

Edgar Su | ReutersBEIJING — China is beefing up national security measures by expanding its protections of state secrets to include a broad category of "work secrets." The new rules, set to take effect May 1, describe how precautions taken for state secrets should also apply to unclassified information known as work secrets. "There is a risk that individual departments will overzealously identify matters as 'work secrets,'" Daum said. He also founded the website China Law Translate, which published an unofficial English translation of the new rules. Growing national security concernsThe updated state secrets law comes as Beijing and Washington increasingly cite national security risks when announcing new restrictions for business.

Persons: Edgar Su, Xi Jinping, Jeremy Daum, Yale Law School's Paul Tsai, Daum, Jeremy Daum Yale Law School's Paul Tsai, Gabriel Wildau Organizations: of, Initiative, Reuters, Yale Law, Yale Law School's Paul Tsai China Center, China, Jeremy Daum Yale Law, Jeremy Daum Yale Law School's Paul Tsai China Locations: Beijing, China, Reuters BEIJING, Washington

☆ Smartphone makers are dreaming of a 'supercycle' driven by AI. Analysts disagree
▼ + stars: | 2024-02-27 | by ( Ryan Browne | ) www.cnbc.com time to read: +6 min

Samsung has gone big on generative AI with its Galaxy S24 Ultra smartphone. When was the last smartphone supercycle? Smartphone makers have been dreaming of a "supercycle" in their industry, driven by AI, after a bruising few years that saw device sales slow aggressively. 'AI phone era'Major smartphone players are betting that a supercycle is about to happen thanks to AI. "We're right now at the dawning of an entirely new era, an AI phone era," Kitto said.

Persons: Kim Hong, they're, Francisco Jeronimo, Jeronimo, Ben Wood, Wood, James Kitto, Kitto, Brian Rakowski, Rakowski, We've Organizations: Samsung Electronics, Reuters, Reuters BARCELONA –, Samsung, Google, Galaxy, Apple, Financial Times, Mobile, Congress, Huawei, Qualcomm, IDC, Twitter, CNBC, 3G, CCS, Samsung's, Google's, Android Locations: Seoul, South Korea, Reuters BARCELONA, Chertsey , England

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

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

Learn moreWe're heading back to mainland Europe today for the clash of the blues in a free France vs. Italy live stream in this weekend's final Six Nations match. Wherever you are in the world, we'll show you where to watch France vs. Italy for free. ITV has you covered with today's free France vs. Italy live stream. ITV1 is showing the France vs. Italy live stream today and will host two out of three games each weekend. How to watch France vs. Italy live stream in the USANBC is the exclusive broadcast partner for the Six Nations in the United States.

Persons: ExpressVPN, Stan Organizations: Business, Nations, Wales, ITV1, BBC1, ITV, BBC, Six Nations, USA NBC, Six, Today's, Australia Australian, Sports Locations: Europe, France, Italy, Ireland, USA, United States, Today's France

Learn moreDon't miss out on today's free Wales vs. Ireland live stream, as this annual clash rarely disappoints. Wherever you are in the world, we'll show you exactly where to watch Wales vs. Ireland for free. ITV has you covered with today's free Ireland vs. Wales live stream. ITV1 is showing the Ireland vs. Wales live stream today and will host two out of three games each weekend. How to watch Ireland vs. Wales live stream in the USANBC is the exclusive broadcast partner for the Six Nations in the United States.

Persons: ExpressVPN, Stan Organizations: Business, Wales, ITV1, BBC1, ITV, Nations, BBC, Six Nations, Ireland, USA NBC, Six, Australia Australian, Sports Locations: Wales, Ireland, France, USA, United States

Learn moreAmbitions of winning the Six Nations trophy take a backseat today as the Calcutta Cup is up for grabs, so let us show you how to watch a free Scotland vs. England live stream. The BBC has you covered with today's free Scotland vs. England live stream. BBC1 is showing the Scotland vs. England live stream today and will host one of the three games each weekend. How to watch Scotland vs. England live stream in the USANBC is the exclusive broadcast partner for the Six Nations in the United States. How to watch Scotland vs. England live stream in the UKITV and the BBC share the official broadcasts for the Six Nations 2024 edition in the UK.

Persons: ExpressVPN, Stan Organizations: Business, Nations, Calcutta, Rugby Union, ITV1, BBC1, BBC, Scotland, England, Six Nations, ITV, USA NBC, Six, Australia Australian, Sports Locations: England, Scotland, Ireland, France, USA, United States

☆ Mark Zuckerberg has entered his Posting Era
▼ + stars: | 2024-02-16 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +6 min

Mark Zuckerberg put out an Instagram video reviewing the Apple Vision Pro this week. AdvertisementHaving not personally tested both devices, I am not fully qualified to judge whether Mark Zuckerberg's video review accurately compares Apple's Vision Pro to the Meta Quest 3. Mark Zuckerberg has entered his Posting Era. I don't attempt to think too hard about Mark Zuckerberg's inner life, but I don't get the sense that what we're seeing is a window into his soul. What I see now is something I never thought might happen: Mark Zuckerberg is getting high on his own supply.

Persons: Mark Zuckerberg, Meta's, He's, —, Mark Zuckerberg's, We've, Zuckerberg, it's, Priscilla, Mark, I've, Andrew, Boz, Bosworth, Steve Ballmer, poopooed, Ping, Cook, Elon, Zuckerberg's, Apple, It's, Tim Cook, Meta Organizations: Apple Vision, Service, Meta, Vision, Morning, Vision Pro, Microsoft, Apple, Apple's, Facebook, iTunes Locations: TikTok

SAN FRANCISCO (AP) — A former interim mayor of San Francisco announced Tuesday he's running for his previous job, joining a competitive field of candidates who say the city has crumbled under the watch of Mayor London Breed, who is up for reelection this year. The lawyer and former city supervisor said he had not planned to return to politics but feels he has the right skills to turn San Francisco around. While she's not on the March 5 ballot, Breed is pushing a pair of public safety proposals that are. Critics say the ballot measures are not in line with San Francisco voters who value privacy over surveillance and encouraging rather than mandating participating in drug treatment programs. Meanwhile, political action committees supporting Breed have raised $1.3 million, including $200,000 from Michael Bloomberg, former New York City mayor.

Persons: —, London Breed, Mark Farrell, Breed, Ed Lee, San, ” Eric Jaye, “, ” Jaye, San Jose . San, Farrell, Ahsha Safaí, Daniel Lurie, Levi Strauss, she's, Lurie, E, Miriam Haas, Haas, Michael Bloomberg, Safaí Organizations: FRANCISCO, San Francisco, London, Associated Press, Democratic, New York City Locations: San Francisco, Francisco's, San Jose ., San Jose . San Francisco, New York

As with every game throughout this tournament, we can help show you where to watch a free Ireland vs. Italy live stream from anywhere on the planet. ITV has you covered with today's free Ireland vs. Italy live stream. ITV1 is showing the Ireland vs. Italy live stream today and will host two out of three games each weekend. How to watch Ireland vs. Italy live stream in the USANBC is the exclusive broadcast partner for the Six Nations in the United States. How to watch Ireland vs. Italy live stream in the UKITV and the BBC share the official broadcasts for the Six Nations 2024 edition in the UK.

Persons: ExpressVPN, Stan Organizations: Business, England, ITV1, BBC1, ITV, Nations, BBC, Six Nations, Ireland, USA NBC, Six, Australia Australian, Sports Locations: Irish, Marseille, Italy, Ireland, France, USA, United States

Search resuls for: "beefing"

25 mentions found