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☆ Not even Google's cleaning robots are safe from the tech industry's layoffs and cost-cutting efforts
  + stars: | 2023-02-26 | by ( Aaron Mcdade | ) www.businessinsider.com   time to read: +3 min
Google is reportedly shutting down Everyday Robots, a subsidiary of parent company Alphabet. The company made over 100 robots that could perform simple cleaning and organizing tasks. Everyday Robots — which was formed within X, the "moonshot program" of Google's parent company Alphabet — is being shuttered as a cost-cutting measure, according to Wired. The company developed over 100 robots trained to perform tasks like cleaning cafeteria tables and separating trash and recyclables. The robots use cameras and machine learning to evaluate their environment, and position their arm to clean and perform simple tasks.
☆ A biotech millionaire claimed his wild routine cut his biological age by 5 years. Scientists aren't sure most of it really works.
  + stars: | 2023-02-08 | by ( Marianne Guenot | Lloyd Lee | ) www.businessinsider.com   time to read: +11 min
Bryan Johnson, a 45-year-old biotech CEO, has spent millions in his quest to reverse aging. He claims his biological age has been cut by 5 years with a strict regimen controlled by doctors. The Green Giant smoothie, which Bryan Johnson drinks every morning at around 5am. Intrusive measurements, including regular colonoscopiesA nurse performs a blood test for Bryan Johnson. But does that mean they've cracked the code on how to measure the "biological age" of a person accurately?
☆ Biden will take aim at smoking in his State of the Union speech as part of his 'cancer moonshot'
  + stars: | 2023-02-07 | by ( Nicole Gaudiano | ) www.businessinsider.com   time to read: +3 min
Biden will announce plans to accelerate progress in lowering cancer deaths. Biden will announce plans tonight to accelerate progress in the fight against cancer deaths, and that includes fighting the biggest, preventable driver: smoking. "We're going to continue to focus on prevention," Danielle Carnival, the White House "Cancer Moonshot" coordinator, told reporters during a Tuesday morning call. He launched his "Cancer Moonshot" program while serving as vice president after losing his son Beau to a brain tumor in 2015. Also as part of his plan to tackle cancer, Biden will call on Congress to reauthorize the National Cancer Act to update cancer research and care systems and the administration will take steps to ensure patient navigation services are covered benefits.
☆ Billion-dollar startup plans to bring the dodo back from the dead, and claims it can also revive the woolly mammoth
  + stars: | 2023-02-01 | by ( Marianne Guenot | ) www.businessinsider.com   time to read: +3 min
Colossal Biosciences, a biotech company, says it will aim to revive the dodo using gene editing. This is the latest attempt to revive extinct animals in the face of the biodiversity crisis. The bird is the latest in the collection of long-gone animals scientists at the company want to revive. The startup has previously said it plan to recreate the Tasmanian wolf and the woolly mammoth. A stuffed dodo bird at the Natural History Museum on February 5, 2013, in London, England.
☆ Inside the private meeting at Jack Ma's apartment where he plotted to take on Silicon Valley with a trusted 'ragtag bunch' of early employees
  + stars: | 2023-01-24 | by ( Brian A. Wong | ) www.businessinsider.com   time to read: +8 min
In one apartment, Jack, Lucy Peng, and a few other leaders worked alongside the firm's engineers. Everyone's enthusiasm flowed from their strong identification with the company's mission and Jack's vision, and if it was part of our mission, all believed, it was certainly achievable. In fact, in time, I would grow to better understand and more deeply embrace Alibaba's mission, vision, and values and the way they motivated our people. That's what Savio Kwan, Alibaba's first COO, did, codifying Jack's ideas into our company mission, vision, and values. Their efforts would form the basis of Alibaba's core mission, vision, and values statement— the guiding force or beliefs for Alibaba's development then and now.
☆ Google called on cofounders Larry Page and Sergey Brin in ChatGPT fightback after issuing a 'code red', report says
  + stars: | 2023-01-21 | by ( Sam Tabahriti | ) www.businessinsider.com   time to read: +3 min
Google asked Larry Page and Sergey Brin for help combatting ChatGPT, per The New York Times. The release of OpenAI's writing bot sparked concerns over the future of Google's search engine. The release of ChatGPT on November 30 has sparked internal concerns over the continued dominance of Google's search engine. Vic Gundotra, a former senior vice president at Google, told The Times the cofounders had always been keen on AI. Page was reportedly unimpressed with a new Gmail feature in 2008, saying: "Why can't it automatically write that email for you."
☆ Apple CEO Tim Cook's slow, steady leadership style may turn out to be the exact antidote to the carnage sweeping the tech sector
  + stars: | 2023-01-20 | by ( Paayal Zaveri | ) www.businessinsider.com   time to read: +4 min
Apple is now the only major tech giant that hasn't conducted mass layoffs recently. Apple is in a different position than its peers because it has been more strategic about its growth. Wall Street hopes that CEO Tim Cook's pragmatic approach puts Apple in a better spot. Apple is in a different, stronger position, though, industry analysts tell Insider — a position that they say validates CEO Tim Cook's pragmatic approach to growth. Lastly, another hallmark of Cook's strategy is that Apple doesn't have a history of pouring money into risky, whimsical side projects.
☆ Evercore ISI's top picks for 2023 include a tech comeback story and a car racing play
  + stars: | 2023-01-12 | by ( Michelle Fox | ) www.cnbc.com   time to read: +4 min
Finding opportunities amid the market volatility is "mission critical," and there are several to be had this year, according to Evercore ISI. The Wall Street firm is predicting an economic and earnings recession, catalyzing a "cathartic" volatility spike in 2023. "Alpha opportunities are surfacing in 2022's wreckage from inflation's breakout resulting in record tightening, catalyzing a stock/bond correlated decline. With that in mind, Evercore came up with its top stock picks for 2023. The streaming company should enjoy a comeback this year, after losing 51% in 2022, according to analyst Mark Mahaney.
☆ U.S. first lady Jill Biden has surgery to remove cancerous skin lesions
  + stars: | 2023-01-11 | by ( Andrea Shalal | ) www.reuters.com   time to read: +4 min
All cancerous tissue was removed, the White House physician said. Jill Biden went to the hospital for removal of a skin lesion above her right eye. "All cancerous tissue was successfully removed, and the margins were clear of any residual skin cancer cells. "Again, all cancerous tissue was successfully removed," O'Connor said. President Biden "wanted to be there to support her," White House press secretary Karine Jean-Pierre said.
☆ Microsoft's reported $10 billion OpenAI bet is a gamble on the future of AI
  + stars: | 2023-01-11 | by ( Matt Weinberger | ) www.businessinsider.com   time to read: +5 min
We're less than two weeks into 2023, and it's already become clear that OpenAI's ChatGPT will be the defining technology of the year. But it just goes to show you how much confidence Microsoft and others have in the future of AI. Still, that $29 billion valuation is rich for a company with limited revenue and the high costs of running advanced AI. Read Insider's list of the top 12 AI tools that are helping content creators do their work, from dubbing to writing copy, according to industry insiders. Read Insider's guide on how to take a Snapchat screenshot without alerting the other party.
☆ Google's farm-tech moonshot is becoming a full-fledged company as the unit doubles down on more commercial AI projects
  + stars: | 2023-01-10 | by ( Hugh Langley | ) www.businessinsider.com   time to read: +2 min
Mineral, an agriculture-tech project inside Google's moonshot lab, X, is spinning out into a company. It's launching under the parent company, Alphabet, as X is evolving to be more commercial. Alphabet's moonshot lab, X, has announced it's turning its agriculture-technology project, Mineral, into an official company. Mineral will spin off of X and become a business under the parent company Alphabet, Mineral's CEO Elliott Grant wrote in a blog post on Tuesday. Mineral entered into a partnership last year with the berry seller Driscoll's to help farmers create tastier strawberries, Bloomberg reported at the time.
☆ Google's most cutting-edge moonshot lab is refocusing on actually making money
  + stars: | 2023-01-10 | by ( Matt Weinberger | ) www.businessinsider.com   time to read: +5 min
I'm Matt Weinberger, deputy editor of Insider's tech analysis team, filling in for my colleague Diamond Naga Siu for the next few days. It's yet another sign that the tech industry is very different than it was even a year ago. A moonshot in the foot for Google: Insider's Hugh Langley reports that Google's X Development is scaling back from its pioneering, famously envelope-pushing roots as a tech research lab. Instead, it'll focus on initiatives that actually make money for Google and its parent company Alphabet. Read Insider's in-depth review of the newest model of the iPad Pro, released in late 2022.
☆ Google's moonshot factory is coming down to Earth
  + stars: | 2023-01-10 | by ( Hugh Langley | ) www.businessinsider.com   time to read: +12 min
The project, known internally by its codename, "Valkyrie," was the typical science-fiction-sounding idea that Google's self-described "moonshot factory" was designed to dream up. But amid a lack of successful launches and a tech industry facing economic headwinds, insiders say the lab is now hitting the hard-reset button and rethinking its purpose within Alphabet, Google's parent company. X swapped standard corporate titles like "Communications Lead" and "Manager" for grander and more-nebulous names like "Factory Whisperer" and "Firestarter." Its internet-balloon unit, Google Loon, meant to bring people in rural areas online, was shuttered in January 2021. "I think the infusion of VC people is a good thing," one former senior X employee said.
☆ Tech Industry Reversal Intensifies With New Rounds of Layoffs
  + stars: | 2023-01-09 | by ( Dana Mattioli | Miles Kruppa | ) www.wsj.com   time to read: 1 min
The Spheres at the headquarters of Amazon, which said planned layoffs will affect more than 18,000 employees. Tech’s reassessment is intensifying, as a new wave of layoffs signals how executives are pivoting from a growth-above-all mindset to protecting their bottom line. After a bruising 2022 in which companies from small startups to tech giants slammed the brakes on expansion, some of the biggest names in the sector are demonstrating that an era of austerity is only beginning, with expenses closely scrutinized and moonshot projects abandoned. Amazon.com Inc. and Salesforce Inc. both announced plans for layoffs in the past week.
☆ Inventor in Baja is testing a plan to cool the Earth by mimicking a volcanic eruption
  + stars: | 2023-01-07 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com   time to read: +14 min
When Luke Iseman was thinking of launching a solar geoengineering startup, he talked to experts in the field. I want no geoengineering to occur," Iseman told CNBC. And that's a that's a pretty terrifying world to imagine," Iseman told CNBC. "Initially, I was really skeptical entirely of the of the voluntary carbon credit market," Iseman told CNBC. Pasztor told CNBC.
☆ I moved to the US to pursue a career in academia before realizing it's a broken system. Here's how I pivoted to climate tech and found a job that made me happier than ever.
  + stars: | 2022-12-29 | by ( Aaron Mok | ) www.businessinsider.com   time to read: +5 min
He was on track to become an academic but pivoted to climate tech for a better work-life balance. But now I work in climate tech, and I've never been happier. Building an online presence helps candidates stand out in a competitive job marketBuilding my online presence really set me apart from the typical candidate. I also launched a newsletter called Geospatial Jobs to compile open positions in climate tech for thousands of subscribers. Take advantage of the high demand for climate-tech jobs todayNow is the best time to break into climate tech.
☆ CIOs Nominate Their Favorite Reads of 2022
  + stars: | 2022-12-28 | by ( Tom Loftus | ) www.wsj.com   time to read: +9 min
Chief information officers, ever alert to any development in a field that only hurtles forward, largely reflected that alacrity in their choice of reading during 2022. PREVIEWChris Bedi, chief digital information officer, ServiceNow Inc. Photo: IBM Corp.Ron Guerrier, chief information officer, HP Inc. Photo: Cisco Systems Inc.Fletcher Previn, chief information officer, Cisco Systems Inc. Photo: Home Depot Inc.Fahim Siddiqui, chief information officer, Home Depot Inc.
☆ 'One of our best years on record': With VC deals on the decline, venture-debt investors are cleaning up. But there's a dark side to startups borrowing cash.
  + stars: | 2022-12-27 | by ( Darius Rafieyan | ) www.businessinsider.com   time to read: +7 min
As the Fed keeps raising interest rates to fight inflation, venture-debt defaults could soon go up. Venture debt, like a typical venture-capital investment, involves betting big on fledgling startups that may be far off from profitability. In the first six months of the year, venture debt increased 7.5%, even as VC funding fell 8% over the same period. The year for debtArmentum's Markell said venture debt had exploded in popularity this year as traditional VC deals dwindled and startup valuations plummeted. Factoring in expected Fed rate rises, Kroll thinks these interest rates will climb to as much as 12% next year.
☆ Here are the 10 Dow stocks analysts think will see the most gains in 2023
  + stars: | 2022-12-22 | by ( Michelle Fox | ) www.cnbc.com   time to read: +2 min
With that in mind, CNBC Pro looked at stocks in the Dow that have the most upside to the average analyst price target, per FactSet. Salesforce takes the top spot, with nearly 50% upside to the average analyst price target. Tech giant Apple could also see big gains, with the average analyst price target implying upside of 28%. The stock has had a lackluster year, losing 25%, but 62% of analysts covering Apple rate it a buy. 4 spot with nearly 21% upside to the average analyst price target.
☆ Here are Friday's biggest analyst calls: Apple, Amazon, Meta, Nvidia, Carvana, Delta, Walmart & more
  + stars: | 2022-12-16 | by ( Michael Bloom | ) www.cnbc.com   time to read: +7 min
Evercore ISI names Apple as a top pick in 2023 Evercore said it sees 2023 as a "moonshot" year for Apple. MKM names Walmart a top 2023 pick MKM said it sees further share gains for Walmart in 2023. " JPMorgan names Eli Lilly a top 2023 pick JPMorgan said Eli Lilly is "best-in-class." Canaccord names Yeti and Traeger top 2023 picks Canaccord says Yeti should hold up well in a recessionary environment. YETI Holdings (YETI : BUY, $58 PT): We believe the core YETI consumer should hold up relatively better in a recession as it skews a bit higher end.
☆ It's been 50 years since the last moonwalk. NASA astronauts explain why it took so long.
  + stars: | 2022-12-09 | by ( Morgan Mcfall-Johnsen | Hilary Brueck | ) www.businessinsider.com   time to read: +7 min
The 50th anniversary of the last Apollo astronaut moonwalk is Wednesday. NASA astronauts say it's taking so long to return to the moon because of politics and money. But NASA built Orion to send astronauts back into lunar orbit and, as early as 2025, link up with SpaceX's Starship to land astronauts on the moon. NASA astronaut Victor Glover visits the Space Launch System rocket inside Kennedy Space Center's Vehicle Assembly Building, on July 15, 2021. NASA/Kim ShiflettAs early as 2004, former President George Bush was setting goals to return astronauts to the moon.
☆ Prince William gave a $1.2 million Earthshot prize to a startup that makes edible packaging from seaweed
  + stars: | 2022-12-03 | by ( Stephanie Stacey | ) www.businessinsider.com   time to read: +3 min
Prince William awarded five Earthshot Prizes of $1.2 million on Friday to fund climate innovation. The prestigious Earthshot Prizes were awarded on Friday in Boston. Each winner will receive £1 million ($1.2 million) to develop their climate innovations. The star-studded ceremony, hosted by Prince William and Kate Middleton, had various celebrities in attendance including Billie Eilish, Ellie Goulding, Annie Lennox, Rami Malek, Catherine O'Hara, and David Beckham. The Earthshot Prizes were launched in 2020 by Prince William and Sir David Attenborough.
☆ It's not just Elon Musk. Tech CEOs everywhere are quietly asking their employees to step it up or risk getting fired.
  + stars: | 2022-12-03 | by ( Diamond Naga Siu | ) www.businessinsider.com   time to read: +5 min
Tech CEOs are turning up the heat, even if it's not as blatantly "hardcore" as Elon Musk's verbiage. Major tech CEOs have been asking employees to step up throughout this year's stingier economy. Employees at Google, Amazon and others have all been asked to work harder or risk their jobs. Sign up for our newsletter for the latest tech news and scoops — delivered daily to your inbox. In October, Meta told managers to mark 15% of its employees as "needs support" in what workers dubbed "quiet layoffs," Insider previously reported.
☆ How the founder of SiriusXM wants to tackle an organ shortage with 3D-printed hearts and lungs
  + stars: | 2022-11-30 | by ( Andrew Dunn | ) www.businessinsider.com   time to read: +5 min
She is the CEO of the $12 billion biotech United Therapeutics and founder of SiriusXM. Her company, the $12 billion Maryland-based biotech United Therapeutics, has already put gene-edited pig hearts, lungs, and kidneys into humans in clinical studies. Rothblatt previously founded SiriusXM before starting United TherapeuticsUnited TherapeuticsThe organ research is far from the first moonshot in Rothblatt's career. After that compound's owner, the pharma giant GSK, declined to test it against PAH, Rothblatt founded United Therapeutics in 1996 and bought the rights to the molecule. That drug helped save Jenesis, and United Therapeutics now sells a suite of PAH treatments that have helped over 12,000 patients.
☆ Google has a secret new project that is teaching artificial intelligence to write and fix code. It could reduce the need for human engineers in the future.
  + stars: | 2022-11-23 | by ( Hugh Langley | ) www.businessinsider.com   time to read: +4 min
Google is working on a tool that teaches code to write and rewrite itself. The project was spun up at the company's moonshot unit X, and moved into Google Labs this year. Google is working on a secretive project that uses machine learning to train code to write, fix, and update itself. It could have profound implications for the company's future and developers who write code. Google Labs pursues long-term bets, including projects in virtual and augmented reality.
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