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☆ AI industry leaders create forum to regulate big machine learnings models
▼ + stars: | 2023-07-26 | by ( ) www.reuters.com time to read: +1 min

July 26 (Reuters) - OpenAI, Microsoft (MSFT.O), Alphabet's (GOOGL.O) Google and Anthropic are launching a forum to regulate the development of large machine learnings models, the industry leaders of artificial intelligence said on Wednesday. The group will focus on ensuring safe and responsible development of what is called "frontier AI models" that exceed the capabilities present in the most advanced existing models. They are highly capable foundation models that could have dangerous capabilities sufficient to pose severe risks to public safety. Generative AI models, like the one behind chatbots like ChatGPT, extrapolate large amounts of data at high speed to share responses in the form of prose, poetry and images. The industry body, Frontier Model Forum, will work to advance AI safety research, identify best practices for deployment of frontier AI models and work with policymakers, academic and companies.

Persons: Sam Altman, Brad Smith, Chavi Mehta, Jeffrey Dastin, Arun Koyyur Organizations: Microsoft, Google, European Union, Frontier Model, Thomson Locations: Bengaluru, Palo Alto

☆ Will Smith-backed U.S. broker Public launches in the UK in first foray overseas
▼ + stars: | 2023-07-13 | by ( Ryan Browne | ) www.cnbc.com time to read: +5 min

Gabby Jones | Bloomberg | Getty ImagesAmerican stock brokerage startup Public launched its services in the U.K. Thursday, marking its first international expansion its launch in 2017. The app, backed by celebrities including Will Smith and skateboarding legend Tony Hawk, will offer U.K. users commission-free trading in over 5,000 U.S.-listed stocks during the country's regular trading hours. Bibas said that, for now, the U.K. is the only country Public is focusing on for its international expansion. In the future, it hopes to take learnings from its U.K. launch to open in other European markets. Freetrade, the U.K. brokerage startup, slashed its valuation by a whopping 65% last month to £225m in a crowdfunding round, citing a "different market environment."

Persons: Gabby Jones, Will Smith, Tony Hawk, AJ Bell, Hargreaves Lansdown, Leif Abraham, Public's, Abraham, Jannick Malling, PFOF, Dann Bibas, Bibas, he's Organizations: Bloomberg, Getty, Public, CNBC, Jannick, GameStop, Citadel Securities, European Union, Khepri Advisers, Financial, Authority, Accel, Tiger Global Locations: U.S, Abraham, Denmark, Germany, New York, Copenhagen, London, Amsterdam, Covid

☆ Icon of the Seas: The world's biggest cruise ship is almost ready
▼ + stars: | 2023-06-27 | by ( Maureen O'Hare | ) edition.cnn.com time to read: +4 min

Royal Caribbean International’s Icon of the Seas is a mammoth 365 meters long (nearly 1,200 feet) and will weigh a projected 250,800 tonnes. Royal Caribbean InternationalIt’s being built at Meyer Turku shipyard, one of Europe’s leading shipbuilders, in Turku, Finland. At an on-site press panel earlier this year, Royal Caribbean International president and chief executive Michael Bayley told media that the vessel was on track to join the Royal Caribbean fleet on October 26, ahead of its 2024 debut. The Icon completed its first set of sea trials on June 22, according to a Royal Caribbean statement. Royal Caribbean InternationalThe ship promises more than 40 ways to dine, drink and be entertained, many of which are included in the cruise fare.

Persons: Michael Bayley, ” Bayley Organizations: CNN, Royal Caribbean, CN, Meyer Turku, Royal Caribbean International, Royal Locations: Finland, Turku, Royal Caribbean, Caribbean, Western, Miami, CocoCay, Beach

☆ Being CMO at Indeed is truly my dream job, and it's highly complex. Here are some of the ways I keep myself and my team on track
▼ + stars: | 2023-06-20 | by ( ) www.businessinsider.com time to read: +7 min

After a weird and winding career path, I finally landed my dream job as chief marketing officer at Indeed. The CMO role is demanding and requires that I stay on top of current events, technology, and our business needs. After running product marketing for a division of Apple, I moved on to lead various parts of B2B marketing for Facebook. Now I have my dream job; I'm CMO of Indeed, a leading matching and hiring platform. Our mission is to help people get jobs – and we do that all day, every day.

Persons: Roe, Wade Organizations: Apple, Facebook, Get, CMO Locations: North America, Covid, CFOs

At his grooming salon in San Diego, anything is possible: Bernedoodles become giraffes and poodles become Pokémon. Feitosa, a native of São Paulo, Brazil, opened Gabriel Feitosa Grooming Salon in 2018, capitalizing on a $1.3 billion global pet grooming market. As a dog grooming artist, Feitosa combines traditional grooming techniques with unique designs, and uses vegan, pet-friendly dyes. Finding career inspiration while running an errandFeitosa's dog grooming career began when he was 12. He left high school right before graduating to pursue dog grooming as his full-time career, working at the salon and teaching dog grooming at a vocational school based on his real-world learnings.

Persons: Gabriel Feitosa, poodles, Feitosa, São Paulo, Tasia Jensen, it's Organizations: CNBC Locations: San Diego, São Paulo, Brazil, TikTok, São, Sacramento, Calif

☆ A Rivian customer waited 3 years for his dream car. It died within days.
▼ + stars: | 2023-06-12 | by ( Nora Naughton | ) www.businessinsider.com time to read: +7 min

When Chase Merrill took his first ride in his new Rivian R1S, it was his favorite car that he had ever driven. "I hit about 2 ½-feet of snow and it just stopped right there," Merrill told Insider. Rivian risks alienating early adoptersChase Merrill's Rivian R1S the day it was delivered. For a young company like Rivian, these early fans can make or break its reputation, shareholders, analysts, and Rivian investors have told Insider. Merrill's Rivian returns with an error messageChase Merrill's Rivian R1S was loaded onto a flatbed tow truck.

Persons: I'm, Chase Merrill, Merrill, Rivian's, Bensaid, Chase Merrill's Rivian, Chase Merrill Merrill isn't, Rivian, —, Tony Caravano, Caravano, Merrill's Rivian, Chase, Rivian R1S, it's Organizations: Morning, Merrill, Toyota, EV Locations: , New York, snowbanks, Chelsea , Massachusetts, Toyota Tacoma

☆ Former Yahoo CEO Marissa Mayer bets on digital problem that Apple iOS 17 is focused on, too
▼ + stars: | 2023-06-07 | by ( Carolyn Chun | ) www.cnbc.com time to read: +2 min

Whenever there's mention of a new CEO opening in tech, former Yahoo CEO and former Google vice president Marissa Mayer's name always seems to come up. However, Mayer raised some eyebrows in 2020 when instead of turning up at another Silicon Valley giant, she launched startup Sunshine to focus on the seemingly "smaller" problem of contacts. Mayer and co-founder Enrique Muñoz Torres started working on Sunshine in 2018 to automate the mundane task of organizing contact information. The company also has Sunshine Birthdays and Sunshine Circles that delve into organizing birthdays and sharing information with groups. "The idea is that Sunshine Contacts basically becomes the brain that operates your contacts," Mayer told CNBC back in 2020 when the app was launched.

Persons: Marissa Mayer's, Mayer, CNBC's Julia Boorstin, Enrique Muñoz Torres Organizations: Yahoo, Google, CNBC, Summit, Sunshine, Lumi Labs Locations: Sunshine, Santa Barbara , California

☆ I'm EY's global chairman and CEO. Here are the 3 most important lessons I've learned through my career.
▼ + stars: | 2023-06-03 | by ( Carmine Di Sibio | ) www.businessinsider.com time to read: +8 min

It's also when business graduates think about the positive impact they would like to make on the working world. Here are three lessons that are never too late for anyone to put into practice no matter where you are in your career. By day, I worked at Arthur Young — one of predecessor member firms of the EY organization. Recently the EY organization decided not to move forward with Project Everest. The views reflected in this article are the views of the author and do not necessarily reflect the views of the global EY organization or its member firms.

Persons: Carmine Di Sibio, Di Sibio, —, It's, EY, I've, Arthur Young —, we've, you'll Organizations: Service, NYU Stern, Technology, NYU, Microsoft, World

☆ I'm a VP at the company behind Advil and Tums. My day starts with double-screening YouTube and Netflix and ends with surfing Amazon ratings.
▼ + stars: | 2023-05-28 | by ( Robin Madell | ) www.businessinsider.com time to read: +5 min

Courtesy of Beth Gaeta Beth GaetaI'm an early bird. Next, I touch base with my colleagueCourtesy of Beth Gaeta Beth GaetaWe go over P&L assumptions for new product proposals or budgets to support the high volume of consumer research we do. Courtesy of Beth Gaeta Beth GaetaI get home at around 6:30 p.m. Courtesy of Beth Gaeta Beth GaetaWhen I get home from work, I often get pulled outside to watch my younger daughter practice gymnastics on our trampoline. We also try to take a walk together whenever we canCourtesy of Beth Gaeta Beth GaetaWith the extra hours of sunlight, we have more opportunities to go on walks after work.

☆ As generative AI dominates Google's product lineup, employees ask leaders: What's going on with Assistant and Nest?
▼ + stars: | 2023-05-19 | by ( Hugh Langley | Rosalie Chan | ) www.businessinsider.com time to read: +3 min

Generative AI was undoubtedly the star of Google's I/O developer conference. Google also recently reshuffled its Assistant team to focus more on Bard, CNBC previously reported. CEO Sundar Pichai said there was "a reason" the Assistant team was also working on Bard, before handing it to Sissie Hsiao, Google's head of Assistant and Bard. Google's voice concierge wasn't the only product MIA from I/O – Nest, the company's brand of smart home speakers. Google's Nest manager Sameer Bansal said in response that Nest is a "core part" of the device strategy.

☆ India's opposition Congress gains key foothold with state election win
▼ + stars: | 2023-05-14 | by ( Yp Rajesh | ) www.reuters.com time to read: +4 min

At the same time, they cautioned that Congress' victory on Saturday in Karnataka state, home to the booming tech hub of Bengaluru, was largely due to local factors. The party has won just one state election since December 2018, crumbling under the onslaught of the BJP's Hindu nationalism, the government's generous social spending, Modi's popularity, and its own leadership vacuum. "This is an amazing beginning," said Rajeev Gowda, the head of research at Congress and a former federal lawmaker. "We need to adapt these learnings to every election-going state in 2023 and more importantly to parliamentary elections next year," he said. Asked by the India Today-Axis poll how they would vote if the Karnataka election had been a national election instead, 10% of the respondents shifted to Modi, enough to overturn the result.

☆ Analysis: India's opposition Congress gains key foothold with state election win
▼ + stars: | 2023-05-14 | by ( Yp Rajesh | ) www.reuters.com time to read: +4 min

☆ McDonald’s new battle over the way the Big Mac and fries are packaged
▼ + stars: | 2023-05-13 | by ( Carolyn Chun | ) www.cnbc.com time to read: +8 min

Reusable packaging may be next. McDonald's biggest reusable packaging changes are outside US McDonald's has made several big packaging changes in recent years, mostly coming from outside the U.S. and following governmental action. And at the end of last year, McDonald's France launched a reusable plastic food container in its signature red color – though not without initiating a new controversy over the decision to not use all glass or metal. There are many challenges that come with reusable packaging, and McDonald's has looked to highlight that as it agrees to conduct more research on the reusables economy. The economics case for reusable packagingAdvocates for reusable packaging argue that the economics will work.

☆ Macy’s opens more strip mall stores as expansion strategy faces pivotal test
▼ + stars: | 2023-05-04 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +11 min

The shops, called Market by Macy's and Bloomie's, are about one-fifth of the size of the retailer's typical Macy's and Bloomingdale's stores. It has not announced the locations of the four Market by Macy's stores, but said the additional Bloomie's store will be in Seattle. By opening the strip-mall shops, the retailer could steal business away from its larger namesake mall stores. Market by Macy's stores have worked best in shopping centers with grocery anchors or stores such as off-mall retailers that draw traffic, Mastronardi said. Melissa Repko | CNBCInside of Market by Macy's, shoppers find a narrower mix of merchandise than in the mall stores.

☆ Boeing has unveiled a new plane for its 'ecoDemonstrator' program — a modified 787. See all 10 of the company's testbed jets.
▼ + stars: | 2023-05-03 | by ( Taylor Rains | ) www.businessinsider.com time to read: +8 min

Boeing announced a new addition to its fleet of ecoDemonstrator aircraft on Thursday — a Boeing 787-10 Dreamliner. While not every experimental technology makes it onto a future Boeing jet, about a third actually have. 2014: Boeing 787Boeing 787 ecoDemonstrator. BoeingIn 2014, the planemaker debuted its second ecoDemonstrator — a Boeing 787 Dreamliner. The 787 ecoDemonstrator tested 35 projects, including a collaboration with Delta Air Lines to generate real-time turbulence reports.

☆ At Microsoft, Charlie Bell's shackles are finally off. Watch out, Amazon.
▼ + stars: | 2023-04-26 | by ( Ashley Stewart | ) www.businessinsider.com time to read: +16 min

Many in the industry, including current and former Microsoft and Amazon executives, wonder whether there's a better job for Bell. It could get intense, with Bell going toe-to-toe with Jassy and getting into disputes with Selipsky. "There were two different sets of security products and actually different security organizations that were securing the products for Microsoft," Bell said. While Bell has imported some processes from Amazon, he has introduced them with a "Microsoft flavor," by using Microsoft productivity tools, one person said. "So many decisions get made at Microsoft by looking at PowerPoints, and sometimes those PowerPoints lack details," Rashid, the former Microsoft and Amazon executive, said.

☆ How PepsiCo is trying to get Doritos and Cheetos bags into compost bins
▼ + stars: | 2023-04-19 | by ( Ian Thomas | ) www.cnbc.com time to read: +4 min

But more chip bags and snack containers being sold also means more waste from plastic and other packaging materials, something PepsiCo is aiming to take on. "Two years ago, if you think about our multipack packages, there was one plastic [packaging] outside, and each multipack serving," he said. McDonald's recently agreed under pressure from activist shareholders to produce a report on reusable packaging in exchange for having a shareholder vote on the issue rescinded. As far back as 2019, both Coke and Pepsi had already cut ties with a plastics industry association, and issued previous goals related to recyclable, compostable and reusable packaging. Taking what it learned from creating the Off The Eaten Path's packaging, Frito-Lay has introduced other packaging made from 85% renewable plant materials that produce roughly 60% lower greenhouse gas emissions than traditional snack bags.

☆ Snpachat rolls out My AI chatbot powered by ChatGPT to all users
▼ + stars: | 2023-04-19 | by ( Samantha Kelly | ) edition.cnn.com time to read: +2 min

Snap, the company behind Snapchat, announced on Wednesday that its customizable My AI chatbot, is now accessible to all users within the app. The feature, which is powered by the viral AI chatbot ChatGPT, was previously only available to paying Snapchat+ subscribers. The tool offers recommendations, answers questions, helps users make plans and can write a haiku in seconds, according to the company. The move comes more than a month after ChatGPT creator OpenAI opened up access to its chatbot to third-party businesses. In a blog post on Wednesday, Snap acknowledged “My AI is far from perfect but we’ve made a lot of progress.”It said, for example, about 99.5% of My AI responses conform to its community guidelines.

☆ Netflix says it will finally crack down on password sharing soon
▼ + stars: | 2023-04-18 | by ( Samantha Delouya | ) www.businessinsider.com time to read: +2 min

Netflix said it has delayed rolling out its paid sharing program to Q2 from Q1. Under the new policy, members will pay a fee to share accounts with people outside of their households. "We're pleased with the most recent launches of paid sharing, and while we could have launched broadly in Q1, we found opportunities to improve the experience for members. Under Netflix's new "paid sharing" policy, members would have to pay a fee to share their accounts with people outside of their households. In January, Netflix's co-CEO, Greg Peters, warned that password sharing would not be a "universally popular move," according to The Hollywood Reporter.

☆ I make 6-figures a month in revenue making games on Roblox. Here's how I started earning thousands in my first year.
▼ + stars: | 2023-04-18 | by ( Robin Madell | ) www.businessinsider.com time to read: +10 min

Madsen creates new games on Roblox and updates his previous games to keep up a revenue stream. I remember when I made my first $2 from a Roblox game I created in 2017. Now, I've been generating six figures a month in revenue from Roblox experiences I've created or been a part of creating since 2021. I also create Roblox experiences outside of Splitting Point with friends. The reason is that even if it's a beautifully designed game, it isn't a Roblox game.

☆ These are the tech jobs most threatened by ChatGPT and A.I.
▼ + stars: | 2023-04-15 | by ( Mikaela Cohen | ) www.cnbc.com time to read: +7 min

A recent Goldman Sachs report found 300 million jobs around the world stand to be impacted by AI and automation. Just like similar trends in history, creative jobs will be in demand after the widespread inclusion of generative AI and other AI tech in the workplace. But even though these jobs will still exist, their tasks and responsibilities could likely be diminished by GPT and generative AI. But other forms of generative AI can go further, reconstructing different outcomes based on patterns and learnings, and almost mirroring a human brain, he said. In this broader set of tasks, generative AI can mimic what an engineer would do through the development cycle.

☆ The next big thing in Big Tech career path is an AI-based 'bilingual' job skillset
▼ + stars: | 2023-04-02 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +8 min

Microsoft unveiled new versions of its Bing internet-search engine and Edge browser powered by the newest technology from ChatGPT maker OpenAI. But the biggest one of all may be next, he says, through the combination of artificial intelligence and branches of science involved in medicine. But the opportunity won't translate into achievement without a new form of collaboration between the classic big tech talent and the medical field. One of her portfolio companies, Insitro, was founded by Stanford AI researcher Daphne Koller (Koller co-founder edtech company Coursera). "There is lots of exciting big talent opportunities coming from big tech and big cap pharma," she said.

☆ Facebook owner Meta planning lower bonus payouts for some employees- WSJ
▼ + stars: | 2023-03-28 | by ( ) www.reuters.com time to read: +1 min

March 28 (Reuters) - Facebook owner Meta Platforms Inc (META.O) is planning to lower bonus pays for some employees, and assess staff performance more frequently, the Wall Street Journal reported on Tuesday, citing an internal memo. The bonus multiplier for that grade has been cut to 65% from 85% earlier, WSJ said, adding that the company will also restart assessing staff performance twice a year. "We are making changes to our performance process, taking into account learnings and feedback over the last year while optimizing for the future. These changes are not related to workforce restructuring," a Meta spokesperson said in a statement to Reuters, without giving any further details. Reporting by Shubhendu Deshmukh in Bengaluru; Additional reporting by Lavanya Ahire; Editing by Varun H KOur Standards: The Thomson Reuters Trust Principles.

☆ Meta is lowering bonus payouts for some employees and reverting to twice-a-year performance reviews
▼ + stars: | 2023-03-28 | by ( Kali Hays | Britney Nguyen | ) www.businessinsider.com time to read: +3 min

Meta is dropping bonus pay for lower-performing employees. "This is a hunger games situation," a current Meta employee told Insider. "If you survive layoffs, you'll be straight into performance review in June," the employee said. Although Meta has long had bi-annual performance reviews, the company memo as reported by WSJ said the upcoming review in June is "a calibrated performance signal for fairness." Are you a Meta employee or someone else with insight to share?

☆ How Girl Scouts found itself in a cookie debacle
▼ + stars: | 2023-03-25 | by ( Danielle Wiener-Bronner | ) edition.cnn.com time to read: +7 min

New York CNN —For decades, Girl Scouts has used cookie sales to raise funds and teach scouts about entrepreneurship. “Right now we are focused on ensuring all Girl Scouts have a successful Cookie Season,” Girl Scouts USA told CNN in a statement, adding that it is also focused on optimizing its operations “in real-time, and [capturing] learnings that will inform our strategy going into future seasons.”But for the scouts, those learnings have been hard-won. That meant shoppers could order it themselves, though Girl Scouts encouraged them to ask scouts to place the orders. Plus, Girl Scouts built a lot of hype with the limited-time offer, creating a sense of urgency, Esper noted. Francine Orr/Los Angeles Times/Getty ImagesYet as customers clamored for the cookie, scouts and their parents learned there was no chance of increasing supply by the end of the cookie season in April.

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