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☆ British chip giant Arm chooses New York listing in a blow to London
▼ + stars: | 2023-03-03 | by ( Sam Meredith | ) www.cnbc.com time to read: +2 min

City workers in Paternoster Square, where the headquarters of the London Stock Exchange is based, in the City of London, UK, on Thursday, March 2, 2023. British chip designer Arm, owned by Japan's SoftBank, and building materials group CRH intend to shun London and pursue stock market listings in the U.S., dealing a blow to the U.K.'s post-Brexit vision. Arm said in a statement Friday that it was seeking to pursue a U.S.-only listing this year. It comes shortly after CRH, one of the FTSE 100 's biggest companies, said it plans to move its primary stock market listing to New York. The news is likely to bolster fears that the U.K. stock market is losing out to international rivals.

☆ CNET is laying off 10% of its staff, weeks after reports of it using AI to write articles — but it says the 2 things aren't linked
▼ + stars: | 2023-03-03 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

CNET is laying off roughly 10% of staff including several long-time employees, The Verge reported. The news come just weeks after the company was found to be using AI to generate articles. CNET told Insider that layoffs are unrelated to its use of AI to create content. CNET revealed it had published 77 articles since November using an "internally designed AI engine." The company said it would stop using AI to generate articles in a staff call in January.

☆ At China political meeting, internet bosses are out, chip execs are in
▼ + stars: | 2023-03-03 | by ( Laurie Chen | ) www.reuters.com time to read: +4 min

HARDWARE FOCUSNewcomers to the events include representatives from chip firms Semiconductor Manufacturing International Corporation (SMIC), state-backed Hua Hong Semiconductor Ltd, Shandong Youyan Semiconductor Materials Co. in the NPC and Cambricon Techologies Corp in the CPPCC. Other new NPC delegates come from robotics, laser, aerospace and aeronautics firms. Delegates for the NPC and CPPCC are chosen every five years by the Communist Party and have the option to resign. Some celebrity CPPCC delegates did not reappear on this year's list, such as Hong Kong action star Jackie Chan, film director Feng Xiaogang and state television anchor Bai Yansong. Yao Ming, a retired basketball star who heads the Chinese Basketball Association, has moved from the CPPCC to the NPC.

Here's an update on technology-related holdings in Jim Cramer's Charitable Trust, the portfolio we use at the CNBC Investing Club. Jim ran through the 35 stocks during the Club's inaugural Annual Meeting, an in-person event Saturday in New York City. Big picture, we think AMD shares will continue to increase in value as its leadership over Intel is further cemented. But sentiment is improving, with AMD shares climbing around 21% year to date. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ China's Tencent establishes team to develop ChatGPT-like product -sources
▼ + stars: | 2023-02-27 | by ( Josh Ye | ) www.reuters.com time to read: +2 min

HONG KONG, Feb 27 (Reuters) - Chinese internet giant Tencent Holdings (0700.HK) has set up a development team to work on a ChatGPT-like chatbot, two people familiar with the matter told Reuters. ChatGPT's uncanny ability to create cogent blocks of text instantly has sparked worldwide frenzied interest in the technology behind it called generative AI. A number of Tencent rivals including Alibaba Group (9988.HK) and Baidu Inc (9888.HK) have also announced they are working on their own offerings. Asked for comment, Tencent reiterated a Feb.9 statement that it is conducting research on ChatGPT-tool technology. That also marked the first time an AI model has scored better than humans on CLUE since the test was established three years ago.

☆ ChatGPT frenzy sweeps China as firms scramble for homegrown options
▼ + stars: | 2023-02-11 | by ( ) www.cnbc.com time to read: +3 min

Microsoft -backed OpenAI has kept its hit ChatGPT app off-limits to users in China, but the app is attracting huge interest in the country, with firms rushing to integrate the technology into their products and launch rival solutions. OpenAI or ChatGPT itself is not blocked by Chinese authorities but OpenAI does not allow users in mainland China, Hong Kong, Iran, Russia and parts of Africa to sign up. Dozens of bots rigged to ChatGPT technology have emerged on WeChat, with hobbyists using it to make programmes or automated accounts that can interact with users. ChatGPT supports Chinese language interaction and is highly capable of conversing in Chinese, which has helped drive its unofficial adoption in the country. SleekFlow, a Tiger Global-backed startup in Hong Kong, said it was integrating the AI into its customer relations messaging tools.

☆ The inside story of how Microsoft caught up with Google on AI, and the unlikely executive who made it happen
▼ + stars: | 2023-02-10 | by ( Ashley Stewart | ) www.businessinsider.com time to read: +9 min

With OpenAI technology, Microsoft CEO Satya Nadella is challenging Google's online search monopoly. "Who'd have thought, even just a few months ago, that Google would be on their back foot," said Soma Somasegar, a former Microsoft executive. Google was also busy incorporating machine-learning and other AI technology into popular products such as Google Photos, Google Translate, and its search engine. Microsoft's new Bing search engine uses a newer version of GPT-3 to answer complex questions. Microsoft's positive feedback loopThe OpenAI deal laid the foundation for Microsoft to catch Google in the AI race.

☆ ChatGPT frenzy sweeps China as firms scramble for home-grown options
▼ + stars: | 2023-02-10 | by ( Josh Ye | ) www.reuters.com time to read: +6 min

[1/2] A response in Chinese by ChatGPT, an AI chatbot developed by OpenAI, is seen on its website in this illustration picture taken February 9, 2023. OpenAI or ChatGPT itself is not blocked by Chinese authorities but OpenAI does not allow users in mainland China, Hong Kong, Iran, Russia and parts of Africa to sign up. Dozens of bots rigged to ChatGPT technology have emerged on WeChat, with hobbyists using it to make programmes or automated accounts that can interact with users. ChatGPT supports Chinese language interaction and is highly capable of conversing in Chinese, which has helped drive its unofficial adoption in the country. CENSORSHIPReuters' tests of ChatGPT indicate that the chatbot is not averse to questions that would be sensitive in mainland China.

☆ Morning Bid: Powell confesses 'This time it's different'
▼ + stars: | 2023-02-08 | by ( ) www.reuters.com time to read: +5 min

Any fear of a radical Fed rethink on the back of the jobs numbers seemed wide of the mark. "This cycle is different from other cycles...it has just confounded all sorts of attempts to predict," Powell admitted. And many think last week's jobs report should similarly be treated with care. They included a minimum tax for billionaires and a quadrupling of the tax on corporate stock buybacks. Brands, Eaton Corp, etcUS terminal rateReuters GraphicsReuters GraphicsReuters GraphicsBy Mike Dolan, Editing by Raissa Kasolowsky <a href="mailto:mike.dolan@thomsonreuters.com" target="_blank">mike.dolan@thomsonreuters.com</a>.

☆ Stocks making the biggest moves premarket: Tyson Foods, PayPal, Children's Place and more
▼ + stars: | 2023-02-06 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Tyson Foods – Shares of the food processing giant suffered a 6% drop in premarket trading after the company reported weaker-than-expected results for the first quarter. Analysts expected $1.34 per share in earnings and revenue of $13.52 billion, according to Refinitiv. PayPal — Shares of the payments company fell 2.6% in premarket after Raymond James downgraded the stock to market perform from outperform. Lyft — Shares of the ride-hailing company fell about 2% in premarket trading after Lyft was downgraded to hold from buy at research firm Gordon Haskett. Energizer Holdings — The battery maker's stock fell 6% after revenue and earnings for the recent quarter fell short of expectations, according to analysts surveyed by FactSet.

☆ Premarket stocks: The bear market could make a comeback
▼ + stars: | 2023-02-06 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +6 min

New York CNN —Investors who believe the bear market is over are “ignorant,” Lisa Shalett, chief investment officer of Morgan Stanley Wealth Management, told CNN. She believes a bigger drop is on its way as the Fed’s rapid interest rate hikes reduce economic growth down the road. Investors, she said, haven’t yet priced that hit to the economy into stock prices. They do, however, see increased interest rates as a long-term positive. How do you grow when you already have such a large percentage of the market share?

☆ Stocks making the biggest moves after hours: Apple, Amazon, Ford and more
▼ + stars: | 2023-02-02 | by ( Jesse Pound | ) www.cnbc.com time to read: +5 min

Here are the notable stocks making moves after hours on Thursday, Feb. 2. Apple — The consumer tech stock tumbled 4% in extended trading after the company reported weaker-than-expected results for its fiscal first quarter. The company reported $1.88 in earnings per share on $117.15 billion of revenue. Amazon reported $149.20 billion in revenue for the quarter, above the $145.42 billion expected, according to Refinitiv. The company reported a 2% decline in comparable transactions year over year, thanks in part to weakness in China.

☆ Your earnings investing playbook for the big Apple, Amazon and Alphabet results after the bell
▼ + stars: | 2023-02-02 | by ( Jesse Pound | ) www.cnbc.com time to read: +6 min

Thursday is a massive day for tech investors, as Amazon , Apple and Google-parent Alphabet are all set to report fourth-quarter earnings after the market close. Here are some key stats about Amazon's earnings report: Over the past three months, earnings estimates have fallen from nearly 22 cents per share to about 17, according to FactSet. Here are some key stats about Apple's earnings report: Over the past three months, earnings estimates have dropped from about $2 per share to roughly $1.94, according to FactSet. Alphabet Alphabet's earnings report could provide investors a clear window into the tech industry more broadly, given the company's reliance on search advertising and cloud computing. Here are some key stats about Alphabet's earnings report: Over the past three months, earnings estimates have declined by about 2 cents per share to roughly $1.18, according to FactSet.

☆ UK PM reportedly restarts talks with SoftBank about listing Arm in London
▼ + stars: | 2023-01-09 | by ( Ryan Browne | ) www.cnbc.com time to read: +2 min

SoftBank has stopped working on a London initial public offering for chip designer Arm because of political upheaval in the British government, the Financial Times reported. British Prime Minister Rishi Sunak reportedly reopened negotiations with the CEOs of SoftBank and Arm, in a renewed attempt to have the chip designer list its shares in London. Sunak is the third British prime minister to try to convince SoftBank to list its Arm division in the U.K. since a proposed buyout of Arm by Nvidia was scrapped. In May, former PM Boris Johnson wrote to SoftBank appealing for the Japanese firm to list Arm in London. With 6,000 staff globally and 3,000 in the U.K., Arm is widely regarded as the jewel in the crown of the British tech industry.

☆ Hot AI startup Scale AI, valued at $7 billion, has laid off 20% of its staff. Insiders say employees found out when they were locked out of their computers.
▼ + stars: | 2023-01-09 | by ( Samantha Stokes | Stephanie Palazzolo | ) www.businessinsider.com time to read: +4 min

Scale AI laid off 20% of its workforce this morning, Insider has learned. Scale AI has raised more than $600 million from investors like Tiger and Y Combinator and was valued at $7 billion. Buzzy artificial intelligence data-management startup Scale AI, which was last valued at $7 billion in 2021, laid off 20% of its workforce Monday morning, Insider has learned. Founded in 2016 by Alexandr Wang and Lucy Guo, Scale AI was a member of the prestigious accelerator program Y Combinator's summer 2016 cohort. However, the job cuts at Scale AI – once a Silicon Valley darling – seem to suggest otherwise.

☆ CES technology trade show adopts social theme
▼ + stars: | 2023-01-07 | by ( Dawn Chmielewski | ) www.reuters.com time to read: +2 min

Las Vegas, Jan 6 (Reuters) - Farm equipment took the keynote spotlight at the CES technology trade show in Las Vegas, as "human security for all" became the first theme in its 56-year history. "Technology allows farmers to create more with less," May told an audience of 2,000 at one of the world's largest tech events, organized by the Consumer Technology Association (CTA). The trade group is partnering with the World Academy of Art and Science and the United Nations Trust Fund for Human Security to encourage the tech industry to help tackle the world's most pressing problems. The CES sessions are the first phase of the trade group's "rolling thunder" campaign to raise awareness across all sectors of the economy, said Garry Jacobs, executive chairman of the Human Security For All campaign. Reporting by Dawn Chmielewski in Las Vegas; Editing by Richard ChangOur Standards: The Thomson Reuters Trust Principles.

☆ Tech’s biggest show is set to kick off in Las Vegas. Here’s what to expect
▼ + stars: | 2023-01-04 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +5 min

The Consumer Electronics Show, now in its 56th year, kicks off this week in Las Vegas with a familiar mix of cutting edge technology and oddball gadgets. And this year’s event, in particular, could show how companies are thinking about products as pandemic concerns recede for some consumers but recession concerns remain. This year, featured speakers will include executives from traditional tech companies such as Samsung, Sony and Amazon, as well as other brands like John Deere, Delta and BMW. Still, the topic of virtual reality products will remain a focus for some companies. HTC is expected to launch the Vive Focus 3 this week at the show, with an emphasis on the metaverse.

☆ A $3,300 self-driving stroller is at this year’s CES. Are parents ready?
▼ + stars: | 2023-01-04 | by ( Jennifer Korn | ) edition.cnn.com time to read: +2 min

New York CNN —Hang onto your baby bonnets: Self-driving technology is coming to strollers. Canadian-based baby gear startup Gluxkind was showing off its Ella AI Powered Smart Stroller at this year’s CES, the consumer electronics show in Las Vegas that offers some of the most cutting edge – and out-there – new technologies. The smart stroller offers much of the same tech seen in autonomous cars and delivery robots, including a dual-motor system for uphill walks and automatic downhill brake assist. The Ella stroller is able to drive itself for hands-free strolling – but only when a child is not inside. Deliveries of the stroller are expected to begin in April 2023, according to the company website.

☆ AI is the most exciting consumer tech breakthrough since the iPhone, says Lightspeed's Mignano
▼ + stars: | 2022-12-30 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAI is the most exciting consumer tech breakthrough since the iPhone, says Lightspeed's MignanoMichael Mignano, Lightspeed Partners, joins 'Closing Bell' to discuss what makes a successful start up, attractive industries in the private markets and where AI is headed.

☆ You can literally bend this $2,000 computer screen with your hands to switch between a flat and curved display
▼ + stars: | 2022-12-30 | by ( Aaron Mok | ) www.businessinsider.com time to read: +3 min

Corsair launched its latest gaming monitor called Xeneon Flex earlier this month that costs $2,000. The 45-inch screen can be bent to create a curved monitor, which can add immersion when gaming. Xeneon Flex is built with cutting-edge visual features and customizable lighting effects. The Xeneon Flex is an OLED display with a resolution of 3440 by 1440 and 240Hz refresh rate. The Xeneon Flex will be showcased at the 2023 Consumer Electronics Show — the world's biggest consumer tech showcase based in Las Vegas — which starts on January 5th.

☆ Samsung unveils new smart fridge with a huge 32-inch screen that lets you watch TikTok and order from Amazon in your kitchen
▼ + stars: | 2022-12-29 | by ( Aaron Mok | ) www.businessinsider.com time to read: +2 min

Samsung announced its latest smart fridge called the Bespoke Refrigerator Family Hub Plus. The new fridge includes a 32-inch screen so users can watch TikTok videos and buy Amazon groceries. The fridge has a 32-inch, built-in vertical touchscreen — more than double the screen on its existing model — that lets users watch TikTok videos and order groceries on Amazon. The Family Hub Plus also comes with the Samsung TV Plus service which includes more than 190 TV channels in the US and 80 channels in South Korea that can be accessed for free. The Family Hub Plus is an expansion of Samsung's SmartThings home product line, which launched in 2016 and aims to automate tasks through a connected home.

☆ Google's popular program to turbocharge climate startups doesn't take equity and is open in Europe. Its sustainability boss explains how to land a spot.
▼ + stars: | 2022-12-15 | by ( Tasmin Lockwood | ) www.businessinsider.com time to read: +5 min

Google for Startups has launched an equity-free climate change accelerator in Europe. The Google for Startups Accelerator: Climate Change program has launched in Europe after running for two years in North America. Some 21 startups have taken part in the original program, chosen out of a pool of "hundreds," according to Google. It comes as Europe continues to grapple with high energy prices; Google hopes the accelerator will help respond to the crisis. He is looking for agenda-setting solutions that help companies or individuals "really leapfrog" forward.

☆ Wilmington Trust's Meghan Shue believes markets will shift focus to earnings
▼ + stars: | 2022-12-14 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWilmington Trust's Meghan Shue believes markets will shift focus towards earningsWilmington Trust's Meghan Shue joins 'TechCheck' to discuss expectations for earnings in 2023, favoring enterprise and cloud names over consumer technology and valuations coming down in the year ahead.

☆ The Best Electric Razor for a Smoother Shave
▼ + stars: | 2022-12-13 | by ( ) www.wsj.com time to read: +19 min

You can find a capable electric shaver for even less, but the learning curve (and lack of add-ons) could prove problematic. If you’d like to read how we vetted and tested these electric shavers, scroll down for all the details. Best overall electric shaverBuy Side Top Pick Braun Series 7 7027cs $137 at Amazon $ 150 Save $ 13 $139 at Walmart The best combination of performance, accessories and price of any electric shaver. Best lower-price electric shaverAndis ProFoil Lithium Titanium Foil Shaver $55 at Amazon $ 68 Save $ 13 $55 at Walmart This model is priced as low as you’ll want to go for a quality electric shaver. Make sure the electric shaver you’re buying has the accessory package that makes the most sense for your needs and your budget.

☆ These 4 global consumer tech stocks are set to win on China reopening, HSBC says
▼ + stars: | 2022-12-09 | by ( Ganesh Rao | ) www.cnbc.com time to read: +2 min

Four technology stocks are set to be "winners from a potential consumer recovery" in China, according to HSBC. Consequently, shares of Luxshare, Wingtech and Sunny Optical have fallen between 37% and 57% this year. That means the two companies face downside risks if orders from Apple do not materialize or there is a drop in consumer demand for Apple products. According to recent Bank of America research, a handful of global chip tech stocks are also set to soar on strong EV car sales in China. While a rise in consumer demand was assured in the near term, Xiaolin Chen, head of international business at ETF firm KraneShares, warned that sustained Chinese GDP growth of 5% every year faced hurdles.

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