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☆ What activist investor Nelson Peltz can bring to the board of underperforming Disney
▼ + stars: | 2024-01-18 | by ( Paulina Likos | ) www.cnbc.com time to read: +5 min

Trian officially nominated Peltz and former Disney CFO Jay Rasulo as directors for consideration at the company's upcoming annual meeting. Trian oversees about $3 billion worth of Disney stock. The board oversight is awful," the activist investor told Jim, who agrees. In March 2018, Peltz joined the board of Procter & Gamble — a relationship that led to market share gains and improved financial performance. Peltz has been pushing Disney board representation since the beginning of 2023 .

Persons: Trian, Nelson Peltz, Peltz, Jay Rasulo, Disney, Morgan Stanley, James Gorman, Ike Perlmutter's, Bob Iger, Jim, we've, Procter & Gamble, there's, Iger, Bob Chapek, Jim Cramer's, Jim Cramer, David A Organizations: Trian Partners, Disney, Marvel Entertainment, missteps, CNBC, ESPN, DIS, Procter &, Netflix, Alpha, Grogan Locations: New York

☆ Amazon's biggest generative AI product launch was rushed and flawed, leaving insiders looking for answers
▼ + stars: | 2024-01-10 | by ( Eugene Kim | ) www.businessinsider.com time to read: +9 min

"Q should be more polished, given how far behind we are," one of the Amazon employees told BI. An Amazon spokesperson said Q is not based on a single AI model, and its launch followed standard operating procedure. They said Q primarily used Claude Instant 1.2, a cheaper, lighter, and faster version of the AI model that was released in August. More approachable, but too simpleCurrently, Amazon Q is only offered in preview mode to select customers. Some AWS employees, however, say it feels like the company is in a mad dash to release new products, even if they are subpar.

Persons: —, Q, That's, Anthropic's Claude, It's, Google's Bard, Claude, Andy Jassy, Richard Brian Bedrock, Dario Amodei, Anthropic, Randall Hunt, Hunt, Corey Quinn, Quinn, Amazon's Trainium, Adam Selipsky, Selipsky, Amazon's Organizations: Service, Amazon, Business, Microsoft, Google, Claude, AWS's, Oracle, Duckbill, Nvidia, AWS

☆ How a violent 1800s uprising against machines could foreshadow our future with AI
▼ + stars: | 2023-12-05 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +6 min

AdvertisementI asked Merchant for his perspective on how history informs how we should think about AI and labor. AdvertisementTake the clothworkers: skilled weavers made really high quality cloth and framework knitters made stockings that were nice and durable. Just about everyone loses except the factory owners, who profit from churning out more shoddily made stuff at a rate that the skilled workers can't compete with. AdvertisementBased on your understanding of history, what are the chances that AI helps people by lowering the gap between lower skilled and higher skilled workers? Now, as then, the vast, vast majority of the time, AI absolutely cannot replicate a good writer or worker's output.

Persons: —, Insider's Aki Ito, Brian Merchant, Merchant, Aki Ito, Aki, coders, Ian, it's Organizations: Big Tech, Service Locations: England

INDIANAPOLIS (AP) — The Indiana Pacers entertain fans with their sprinter-like tempo and historic scoring pace. So we're excited to go to Vegas and play some more defense." It's not that the league's worst-ranked scoring defense suddenly found a magical solution. “The old saying is offense wins games, defense wins championships. I'm a big believer in that myself so if we keep winning games, we'll figure it out on defense.”___

Persons: Tyrese Haliburton, “, Tatum, ” Haliburton, we’re, Rick Carlisle's, Frank Vogel's, ” Bruce Brown, —, Haliburton, he's, Michael Jordan, LeBron James, Jordan, James, ” Carlisle, Jayson, Tyrese, they're, Myles Turner, ” Organizations: INDIANAPOLIS, The Indiana Pacers, Boston, NBA, Pacers Locations: Las Vegas, Vegas, Boston, Indiana

☆ AI Helps Unskilled Employees on the Job, Hurts Experienced Workers
▼ + stars: | 2023-12-04 | by ( Aki Ito | ) www.businessinsider.com time to read: +13 min

The numbers have prompted AI optimists to predict an economic boom and AI pessimists to worry about a future of fewer jobs. The question isn't how much AI helps out around the office but who it helps — and why. AI, in other words, is raising overall productivity by narrowing the gap between high performers and low performers. Researchers tasked people to write a short story, with and without the help of an AI tool for generating ideas. A few enterprising employers will go all in on hiring job candidates with less experience and boosting their performance with AI.

Persons: I've, optimists, It's, coders, it's, Bolt, it'll, we'll, isn't, We've, there's, Aki Ito Organizations: Software, Management, Law, Business Locations: United States

☆ China’s Economy Is Stuck in a Vicious Cycle
▼ + stars: | 2023-11-30 | by ( Nathaniel Taplin | ) www.wsj.com time to read: 1 min

The pandemic-era collapse in consumer confidence, borrowing, and job prospects is still a huge obstacle to China’s recovery. Photo: Cfoto/Zuma PressChina probably can’t fix its broken housing market without fixing the labor market and consumer confidence. But more exuberant consumers and a stronger labor market depend on a healthier housing sector, too. Until Beijing finds a way to square that circle, expect China’s subpar recovery to dribble on.

Organizations: Zuma Press China Locations: Beijing

Thankfully, the best Cyber Monday pillow deals are here to help you save on options that are perfect for different needs, including neck pain, travel, side sleeping, and more. We've tested dozens of pillows for our best pillows guide and are tracking discounts on our favorites. The best Cyber Monday pillow deals include our best budget pick, the Beckham Hotel Collection Gel Pillow, which is down to under $40 for a pair at Amazon (when you apply the coupon). These Cyber Monday pillow deals are only expected to last until midnight, so we recommend snagging them while you still can. The best Cyber Monday pillow deals right nowBrowse more pillow deals at Leesa | Tempur-Pedic | Brooklinen | ParachutePillow Cyber Monday FAQsWhat kind of pillow should you buy?

Organizations: Leesa

☆ ‘Wish’ Review: Disney Trips Upon a Star
▼ + stars: | 2023-11-22 | by ( Kyle Smith | ) www.wsj.com time to read: 1 min

An image from Disney’s ‘Wish’ Photo: DISNEYThe formulaic nature of Disney stories helps make them reassuring to young viewers, but “Wish,” the latest in what is now a seven-year string of subpar features from Walt Disney Animation Studios, is all formula. On the basis of its half-thought-out script, Hollywood writers’ fears of being supplanted by artificial intelligence appear well-founded. This movie seems proud, even smug, about recycling scraps from other fairy tales. Beginning with “Once upon a time” and closing (spoiler alert) with “and they all lived happily ever after,” “Wish” self-consciously throws the raw stuff of fairy tales—a kingdom, a secret, friendly animal companions, wishes, cute magic and dark sorcery—into a blender in hopes of making a delightful new concoction. What comes out has as much flavor as a glass of water.

Persons: ’, “, ” Organizations: Walt Disney Animation Studios

☆ A realtor says a $660 apartment listing asking tenants to share a bed proves how 'grim' the affordable housing crisis is
▼ + stars: | 2023-11-22 | by ( Maria Noyen | ) www.businessinsider.com time to read: +5 min

Anya Ettinger said the listing paints a "grim" picture of housing affordability in major cities. But, according to the listing, you wouldn't just be sharing the apartment space — you'd be sharing a queen-sized bed too. According to Ettinger, listings like this one are a result of the affordable housing crisis in Toronto. But as of today, Ettinger said the listing she discovered is just another example of how severe the housing crisis is. "It just paints a very grim picture of the affordability crisis that we're experiencing here," she said.

Persons: Anya Ettinger, —, she's, Ettinger, she'd, They're, Insider's Alcynna Lloyd, Olivia Chow Organizations: Facebook, Service, UBS, CBC Locations: Toronto, Canada

☆ Apple is going to make texting between iPhones and Android a lot less awful starting next year
▼ + stars: | 2023-11-17 | by ( Haley Tenore | ) www.businessinsider.com time to read: +3 min

Apple will support RCS, Rich Communication Services later in 2024, according to 9To5Mac. AdvertisementThis is a reversal from what Apple CEO Tim Cook said about the idea of RCS texting last year. In 2022, Cook said that he didn't get many requests to improve cross-platform texting. He encouraged an audience member at the 2022 Code Conference to switch over to Apple when he asked about cross-platform texting. AdvertisementThis was part of a campaign called #GetTheMessage, which according to Android, was launched to encourage Apple to support RCS and modernize cross-platform texting.

Persons: —, iMessage, Tim Cook, Cook, haven't, Sameer Samat, Samat Organizations: Apple, Rich Communication Services, Google, Service Locations: Las Vegas

☆ Here are Thursday's biggest analyst calls: Nvidia, Amazon, Target, DoorDash, Intel, Plug Power & more
▼ + stars: | 2023-11-16 | by ( Michael Bloom | ) www.cnbc.com time to read: +9 min

Bank of America reiterates Roblox as buy Bank of America said the stock is becoming "more investable." Deutsche Bank initiates Wayfair as buy Deutsche said in its initiation of the stock that it's a "pure-play e-commerce leader." Deutsche Bank initiates DoorDash as buy Deutsche said in its initiation of the company that it has "superior unit economics." Bank of America initiates Gen Digital as buy Bank of America said it likes the cyber safety vendor. Goldman Sachs reiterates Amazon as buy Goldman said it sees an "underappreciated secular growth opportunity" for Amazon shares into next year. "

Persons: it's, Goldman Sachs, Goldman, 1QFY, Roblox, Price, Stifel, Baird, Catalent, 1HCY24, Piper Sandler, Piper, Philip Morris, Guggenheim, Wells, TD Cowen downgrades Organizations: UBS, Nvidia, Qs, Networks, Palo Alto Networks, 1QFY billings, billings, Bank of America, Products, Deutsche Bank, Deutsche, HSBC downgrades Altice, HSBC, Goodyear Tire, Goodyear, " Bank of America, ITT, of America, Aerospace & Defense, Digital, JPMorgan, Entertainment, Mizuho, Intel, AMD, Amazon, Citi, EV, TD Cowen downgrades Target Locations: HSBC downgrades Altice USA, China

☆ Tesla's New CyberBeer Apparently Tastes Like "Hot Garbage"
▼ + stars: | 2023-11-16 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +4 min

Some Tesla superfans who bought it are saying the bottles are rusty and it tastes like "hot garbage." AdvertisementSome Tesla superfans aren't thrilled with Tesla's new CyberBeer — and they're taking to social media to air their grievances. "Tesla Cyberbeer is hot garbage," one person complained in a post on X on Tuesday. "Why does the Tesla CyberBeer feel like something I'm gonna get alcohol poisoning from?" And the unboxing experience was "premium" for the CyberBeer, Judkins said, noting that the two CyberSteins help make the "$150 price tag easier to swallow."

Persons: Tesla, —, aren't, Jeremy Judkins, 7FgRrmGtJm, Cybertruck, Elon Musk, Frederic J . BROWN, Elon, Lakshmi, Judkins, udkins Organizations: Service, Getty, Tesla, Elon Musk, Twitter, ust Locations: AFP, Lakshmi Varanasi, Elon

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

The monthly decline in the producer price index was the largest since April 2020, when the country was facing the shock of the COVID-19 pandemic. Excluding energy and food costs, the core index is now at 2.9% annualized, slightly above where it stood in September. Analysts had predicted a monthly drop of 0.1% and an annual rate of 1.9% for the overall index. It was the second reading in as many days that showed inflation receding closer to the Federal Reserve’s 2% annual target. The core index, leaving out energy and food costs, came in at 4%.

Persons: ” Kathy Jones, John Sedunov, ”, Jerome Powell, “, Wells, Dan North Organizations: of Labor Statistics, “, Analysts, Schwab Center, Financial Research, Dow Jones, Research, Villanova University, International Monetary Fund, Treasury, Census, North America, Allianz Trade, Consumers Locations: Washington, U.S

☆ Ending the 40-hour workweek is possible, but it'll require sacrifices from all of us
▼ + stars: | 2023-11-07 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In today's big story, we're looking at the internet calling for changes to the "soul-crushing" and "depressing" 9-to-5 workday. The 40-hour workweek is facing a reckoning after a recent grad's viral TikTok emotionally questioning how people have time for a personal life while working a full-time job. AdvertisementAdvertisementSo yes, upending the 9-to-5 is possible — and worth considering — but only with a bit of sacrifice from all of us. Earnings today: Uber, eBay, H&R Block, Nintendo, and other companies.

Persons: —, Dolly Parton, Jeff Kravitz, FilmMagic, Dolly, Gen, Insider's, Gen Z, Tim Paradis, I've, we'd, Rebecca Zisser, Ray Dalio, That's, Rob Copeland's, Dalio, Warren Buffett's, Sam Altman Justin Sullivan, OpenAI's, Sam Altman, Slack, Lidiane Jones, Bumble, Tesla, Samantha Lee, WeWork, they're, Billie Jean King, Bryan Johnson, Dustin Giallanza, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, Bridgewater Associates, Bank of America, EV, Microsoft, Billie Jean King Cup, eBay, Nintendo Locations: Taylor, Berkshire, Kentucky, Mississippi, Sevilla, Spain, Australia, Canada, Czech Republic, France, Germany, Italy, Kazakhstan, Poland, Slovenia, Switzerland, New York City, San Diego, London, New York

☆ 4 big takeaways from earnings season as Wall Street digests surprisingly resilient corporate results
▼ + stars: | 2023-11-06 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +5 min

The S&P 500 looks on track to have the strongest earnings season since the third quarter of 2021. Earnings are telling markets four things about the state of the economy, Bank of America says. Bank of America in a note on Monday pointed to so-far resilient earnings season, despite earlier concerns on Wall Street over a sustained slowdown in corporate profits. Meanwhile, revenue per worker in the S&P 500 is approaching its highest level since 2008, despite sales slowing down. Investors, though, are still waiting on the rest of S&P 500 firms to report their financials over the next few weeks.

Persons: — Organizations: Bank of America, Service, Pfizer, Merck

An office of TikTok, whose move could double or triple the number of subpar grades given this year, some managers say. Photo: how hwee young/ShutterstockSINGAPORE—TikTok is asking managers across the world to give more employees lower ratings in performance reviews, a move that staff fear could reduce bonuses and lead to layoffs, people familiar with the matter said. In mid-October, managers were told by senior management and staff in human resources that they needed to assign more performance reviews at the lower end of the company’s bell-curve rating system, employees managing teams in the U.S., Singapore and China told The Wall Street Journal. This could double or triple the number of subpar grades given on some teams this year, the people said.

Organizations: SINGAPORE, Wall Street Locations: U.S, Singapore, China

Organizations: SINGAPORE, Wall Street Locations: U.S, Singapore, China

Organizations: SINGAPORE, Wall Street Locations: U.S, Singapore, China

☆ How 2023 became the year of the lab-grown diamond
▼ + stars: | 2023-10-26 | by ( Diana Pearl | ) edition.cnn.com time to read: +9 min

The company isn’t the only one seeing big sales from this category: Lab-grown diamond brand Brilliant Earth saw a 15.7 percent net sales increase in 2022, to $440 million. Dorsey, another exclusively lab-grown jewelry brand, sold over a million stones last year. Broadening the marketMany consumers plough the savings from buying a lab-grown diamond into more jewelry — a bigger engagement ring, for instance. Valeria Mongelli/Bloomberg/Getty Images/File“The lab-grown diamond is not in competition with mined diamonds, it’s a complement to mined diamonds,” said Sayed Haider, COO, merchandising and operations at Diamond Nexus, which added a line of lab-grown diamonds to its offering earlier this year. Lab-grown diamond brand Dorsey sold over a million stones last year.

Persons: CNN CNN —, Pandora, ”, Pamela Anderson, Dorsey, Tiffany, Lionel Bonaventure, haven’t, Paul Zimnisky, Golan, De, Mary Carmen Gasco, Megan Strachan, Valeria Mongelli, Sayed Haider, “, Strachan, Grace Coddington, Pandora Dorsey, influencers, Bella Hadid, Justin, Hailey Bieber, that’s, Zuo Dongchen, Anderson, Precious Lee, De Beers, Bruce Cleaver, Fred, Ashley Barrett It’s, Shah Organizations: The, Fashion, CNN CNN, Diamond District, New, Brands, Cartier, Getty, De Beers, Pandora, Business, Bloomberg, Diamond Nexus, ”, Vogue, Marketing, Publishing, British Fashion Council, Business of Fashion, CNN Locations: New York, Astor, Paris, AFP, Zhengzhou, China

☆ Jamaica’s Women’s World Cup squad refuses to play upcoming matches over ‘constant mistreatment’ and delayed payments
▼ + stars: | 2023-10-23 | by ( Ben Church | ) edition.cnn.com time to read: +5 min

Members of the World Cup squad, the statement read, were still waiting for correct payments for their performances at the tournament and accused the Jamaica Football Federation (JFF) of poor management. If there is a grievance or concern, this must be placed squarely on the table to be addressed and documented to the JFF.”Players from Jamaica's World Cup squad have refused to play the team's upcoming games. Jamaica made its own history at the World Cup, becoming the first Caribbean nation ever to reach the knockout phase of the tournament. Jamaica eventually lost to Colombia in the last 16 of the Women's World Cup. A long battleFor years, Jamaica’s women’s team has battled for better funding and working conditions.

Persons: Allyson Swaby, Khadija Shaw, Xavier Gilbert, Gilbert, Lorne Donaldson, “, ”, David Gray, Luis Rubiales, Jennifer Hermoso, Rubiales, Jorge Vilda, Robert Cianflone, Jamaica’s, Bob Marley’s, Cedella Organizations: CNN, World, Jamaica Football Federation, Getty, Spanish national team, Royal Spanish Football Federation, Concacaf Gold, Panama, Jamaica Gleaner, FIFA, Jamaica Locations: AFP, Jamaica, Caribbean, Guatemala, Colombia, Australia, New Zealand, France, Brazil, Panama

The defending World Series champion Astros were again felled by a subpar start from Framber Valdez and lackluster play at home. But the Rangers got some insurance from an RBI double by Garver with one out in the eighth off Abreu. Josh Sborz walked Alex Bregman to start the Houston eighth and struck out Alvarez before José Abreu singled with one out. Abreu singled on a grounder to right field before Tucker grounded into a force out that left him out at second and sent Alvarez to third. Heim, who had a career-high 18 home runs in the regular season, also homered off Valdez in Game 2 of this series.

Persons: — Nathan Eovaldi, Mitch Garver, Jonah Heim, Adolis García, Eovaldi, Framber Valdez, Valdez, Bryan Abreu, García, Stanek, Yordan Alvarez, Garver, Heim, Mauricio Dubón, Abreu, It’s, Cliff Lee, They’d, José Leclerc, Jose Altuve, Josh Sborz, Alex Bregman, Alvarez, José Abreu, Leclerc, Kyle Tucker, Jon Singleton, Jeremy Peña, Houston’s, Tucker, Dubón, Altuve, Brantley, barehanded, Nathaniel Lowe, Josh Jung, Garcia, Bryan Abreu's, John McHale Jr, Rob Manfred, Evan Carter, Adolis Garcia, ___ Organizations: HOUSTON, Texas Rangers, Houston Astros, Rangers, Astros, The Rangers, Houston, The Astros, Tampa, Eovaldi, Valdez, Major League Baseball Locations: Houston, García, Arlington, Washington, Valdez, Texas, Tampa Bay

MONTEVIDEO, Uruguay (AP) — Neymar was in tears as he left the field with a left knee injury at the end of the first half of Brazil's 2-0 World Cup qualifying loss at Uruguay on Tuesday. Neymar used crutches as he left the stadium. Brazil's doctor Rodrigo Lasmar told reporters it was too early to determine the severity of Neymar's injury. Brazil went on to suffer its first loss in 37 matches in World Cup qualifying. Neymar made his national team debut in 2010 and has 79 goals in 128 appearances for Brazil.

Persons: — Neymar, Neymar, Richarlison, Rodrigo Lasmar, “, ” Lasmar, ”, Al Hilal, ___ Organizations: Uruguay, Centenario, Al, Saudi Pro League Locations: MONTEVIDEO, Uruguay, Brazil, Montevideo, Venezuela

If you're curious to see how this game plays out, read on to learn where to watch Cowboys vs. Chargers live streams. We'll break down all your Monday Night Football live stream options, including potential international access using a VPN. How to watch Cowboys vs. Chargers from anywhereIf you're in the US, Monday Night Football usually airs weekly on ESPN at 8:15 p.m. For $6.99 per month, NFL+ offers live streams for all local broadcasts and primetime games, including Monday Night Football, Sunday Night Football, and Thursday Night Football. Remaining Monday Night Football scheduleHere's a list of all upcoming Monday Night Football games for the 2023-24 NFL season.

Persons: Dak, You'll, you've, ExpressVPN, NFL RedZone Organizations: Dallas Cowboys, Los Angeles Chargers, Cowboys, Chargers, subpar, San Francisco 49ers, ESPN, ABC, . Chargers, ESPN2, NFL, Football, NFL Network, NFL Films, NFL Shop, Watch Cowboys, ESPN doubleheaders, Minnesota Vikings, Las Vegas Raiders, Detroit Lions, New York Jets, Denver Broncos, Buffalo Bills, Philadelphia Eagles, Kansas City Chiefs, Chicago Bears, Cincinnati Bengals, Jacksonville Jaguars, Green Bay Packers, New York Giants, Tennessee Titans, Miami Dolphins, New England Patriots —, Baltimore Ravens Locations: Dak Prescott, DAZN

☆ AI content editing is the hot freelance side hustle as businesses and individuals look to give their ChatGPT content a 'human touch'
▼ + stars: | 2023-10-05 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +4 min

A Fiverr representative told Insider that pay for these projects varies, but typically starts at about $100 to $125. Customers might ask freelancers to fine-tune AI-generated marketing materials or to optimize AI content for search engines. "AI-content-editing services ensure that there is always a human touch and that nothing is lost in translation when it comes to AI-generated content." AdvertisementAdvertisementChatGPT's flaws could lead the demand for AI-editing skills to grow furtherBusinesses could be turning to AI-generated content for a variety of reasons. Content editing isn't the only AI skill that's seen a spike in interest on Fiverr.

Persons: —, it's, Sheraz Organizations: Service, Time Magazine, New, Nao Locations: New York City, Australia

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