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☆ Elon Musk's payday drama comes to a head today
▼ + stars: | 2024-06-13 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

It's always sunny at Business Insider when "Welcome to Wrexham" star Rob McElhenney is around. In today's big story, we're looking at the drama between Tesla shareholders over Elon Musk's bumper pay package that gets decided on today . As funny as that sounds, the battle over Elon Musk's pay package is no joke. One longtime Tesla investor said the EV maker is " kind of the bottom of the pecking pole of Elon's companies ." Vote here on if you're for or against Musk's pay package .

Persons: —, Rob McElhenney, Elon, Apu Gomes, Chelsea Jia Feng, Insider's Grace Kay, they're, he's, Brooks Kraft, Musk, it's, Gwynne Shotwell, Somodevilla, Blackstone, Dan Ives, Araya Doheny, Patrick Fallon, Jenny Chang, Rodriguez, Henrik, Fisker, VCs, that's, whittle, Mark Zuckerberg, de Haro, Gen Zers, Mike Verdu, Slack, Brad Smith, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Service, Business, Elon, Getty, Retail, Brooks Kraft LLC, Nvidia, Tesla, Wall, SpaceX, Federal Reserve, Big Apple, Apple, Microsoft, BI, Adobe Locations: Wrexham, Delaware, Tesla, Manhattan, New York, London

☆ Adobe employees slam the company over AI controversy: 'Let's avoid becoming like IBM'
▼ + stars: | 2024-06-12 | by ( Eugene Kim | ) www.businessinsider.com time to read: +6 min

The company had to quell those concerns with a blog post denying this. But some Adobe employees are still not happy with the response, and they are calling for improved communication with customers. According to screenshots of an internal Slack channel, obtained by Business Insider, Adobe employees complained about the company's poor response to the controversy and demanded a better long-term communication plan. Advertisement"We've never trained generative AI on customer content, taken ownership of a customer's work, or allowed access to customer content beyond legal requirements. Some employees applauded Adobe's effort to use language that is easier to understand in the blog post.

Persons: —, Adobe, Slack, We've, Scott Belsky, Belsky Organizations: Service, Business, Adobe, IBM, Software, YouTube

☆ Microsoft is considering an AI revamp of its 365 software bundles, sources say
▼ + stars: | 2024-06-11 | by ( Ashley Stewart | ) www.businessinsider.com time to read: +7 min

The plan focuses on Microsoft 365, a popular suite of productivity software used by thousands of businesses. This is a big risk for the company because Microsoft 365 has been an important source of revenue and growth, even without fancy new AI capabilities. The problem was that Microsoft salespeople started to pitch E5 as the last business software suite that customers would need to buy. AdvertisementA "spiritual successor"The generative AI boom, and Microsoft's early lead here, have increased the chances that a new 365 bundle will emerge soon. Microsoft has new AI tools that it can integrate with 365 and use that to persuade customers to upgrade their software bundle.

Persons: —, Satya Nadella, Jared Spataro's, Microsoft salespeople, it's, Slack Organizations: Service, Microsoft, Business, Microsoft's Productivity, Processes, Sharepoint, European Commission, EU Locations: Capex

☆ OpenAI ex-employees worry about company's control over their millions of dollars in shares
▼ + stars: | 2024-06-11 | by ( Hayden Field | ) www.cnbc.com time to read: +12 min

However, current and former OpenAI employees have been increasingly concerned about access to liquidity, according to interviews and documents shared internally. "We're incredibly sorry that we're only changing this language now," an OpenAI spokesperson told CNBC after the company changed course. In at least two tender offers, the sales limit for former employees was $2 million, compared to $10 million for current employees. In addition to current and former employees, OpenAI has a third tier for share sales that consists of ex-employees who now work at competitors. OpenAI said it's never canceled a current or former employee's vested equity or required a repurchase at $0.

Persons: Sam Altman, Jason Redmond, OpenAI, Slack, Siri, Ilya Sutskever, Jan Leike, Altman's, Sarah Friar, Larry Albukerk, Albukerk, CNBC they've, it's, Doug Brayley Organizations: Microsoft, AFP, Getty, CNBC, Apple, Federal Trade Commission, Justice Department, Nvidia, OpenAI, EB Exchange, Ropes & Gray Locations: Redmond , Washington, OpenAI, California

☆ Microsoft is considering a big new software bundle as it works out how to charge for AI, sources say
▼ + stars: | 2024-06-11 | by ( Ashley Stewart | ) www.businessinsider.com time to read: +7 min

☆ Apple is bringing one of iPhone owners' 'most requested' features to text messages
▼ + stars: | 2024-06-10 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +1 min

Texting on your iPhone is about to look a lot more like Slack and email. iOS 18 will allow users to schedule text messages to be sent later, Apple announced at WWDC. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementYour iPhone is about to get some new features that'll make texting seem a lot more like email or Slack. Apple's iOS 18 update will come with the ability to schedule text messages to be sent at a later time, it announced Monday at its annual WWDC event.

Persons: Slack, —, Ronak Shah Organizations: Apple, Service, Business

Analyst Stephen Grambling reiterated his overweight rating on shares, which he thinks should move higher based on potential earnings upside. Analyst Christopher Horvers upgraded the big-box retailer to overweight and hiked his price target by $15 to $81, which suggests 25.4% potential upside. Analyst Tom O'Malley's price target is now $145 per share, which implies 19.9% potential upside from Friday's close. Ramsey also attributed his new price target to the firm's latest data center modeling which estimates a software-based revenue breakout for Nvidia. He raised his price target to $150, which implies 40.8% upside from Friday's close.

Persons: Morgan Stanley, Stephen Grambling, Grambling, — Pia Singh, Christopher Horvers, Horvers, Tom, O'Malley, TD Cowen, Matthew Ramsey, Ramsey, Rajat Gupta, Gupta, CVNA, Joseph Moore, Moore, Fred Imbert Organizations: CNBC, Monday, JPMorgan, North America Gaming, Illinois Senate, Walmart, Nvidia, Barclays Barclays, Sovereign, Broadcom, AMD Locations: Illinois, North, IL

☆ The best new features in iOS 18
▼ + stars: | 2024-06-10 | by ( Ana Altchek | ) www.businessinsider.com time to read: +5 min

Apple's iPhone operating system, iOS 18, was a major topic of discussion at the event, and it's expected to be released later this year. Related storiesHere are some of the changes we're most excited about iOS 18. AdvertisementA new home screen designApple iOS 18 will let you customize your home screen wallpaper, app icons, and widgets. iOS 18 will now allow users to tap back on a message with any emoji or sticker. AdvertisementApple IntelligenceApple will be integrating a much-anticipated generative AI system into iOS 18.

Persons: —, Ronak Shah, You'll, Shah, Craig Federighi, Apple Cash, Apple, Siri Organizations: Service, Apple, Business, Tapbacks, Google, Apple Intelligence Apple, OpenAI Locations: Siri

☆ Stock market heads into the week ahead at a record, but with some uneasiness underneath the surface
▼ + stars: | 2024-06-08 | by ( Michael Santoli | ) www.cnbc.com time to read: +8 min

The S & P 500 made a new record high, its 25 th of the year. And on the surface, there is a stolid calm that suggests a system in comfortable equilibrium, the market achieving a kind of homeostasis. Four of the past five days last week, the S & P 500 moved less than 0.2%. The S & P 500 is up almost 2% since its closing peak at the end of the first quarter, perhaps the moment of maximum belief in a seamless soft economic landing. Three stocks together now account for fully 20% of the S & P 500 market value, mocking the notion of diversification and dashing most active investors' hopes of beating the bogey.

Persons: Keith Gill, Michael Mauboussin, Scott Chronert Organizations: Nvidia, GameStop, Apple, Microsoft, Federal Reserve, Investment, Morgan Stanley Investment Management, Fed, Citi, CPI Locations: rebalancing, U.S

☆ Narendra Modi’s India
▼ + stars: | 2024-06-06 | by ( Alex Travelli | ) www.nytimes.com time to read: +1 min

Despite having led India for a decade, Modi has in some ways kept his country guessing about his vision. On major issues — India’s relationships, its economy, its society and its government — it’s still unclear what sort of country Modi wants India to be. India has spent recent years deepening its relationship with the United States. It has gotten closer to American allies, including Japan and Australia, and ordered high-end American weapons systems — the kind that create dependence down the road. After Russia invaded Ukraine, the United States tried in vain to persuade India to take a stand against the war.

Persons: Narendra Modi, Modi, — it’s Locations: India, United States, Japan, Australia, China, Beijing, U.S, Russia, Ukraine

☆ This AI skill pays over $100,000 a year and is in 'crazy demand,' says IBM exec—it's one 'you can use almost anywhere'
▼ + stars: | 2024-06-05 | by ( Morgan Smith | ) www.cnbc.com time to read: 1 min

Bosses want to hire people with AI aptitude, but many employees aren't focused on the new technology. Yet over two-thirds of desk workers say they've never used AI, according to a March 2024 Slack Workforce Lab survey of more than 10,000 professionals. People who don't learn AI risk losing career opportunities to those who do, says Lydia Logan, IBM's vice president of global education and workforce development. Generative AI is expected to affect more than 300 million jobs worldwide, per Goldman Sachs's estimates. The one AI skill that's in "crazy demand," according to Logan, and that she encourages everyone to learn, is prompt engineering.

Persons: aren't, Lydia Logan, Goldman Organizations: — Locations: Logan

☆ I've stopped making friends at work
▼ + stars: | 2024-06-04 | by ( Alexandra Karplus | ) www.businessinsider.com time to read: +8 min

Because the city has a large transient population, I've seen many friends and coworkers come and go — but even this has had benefits. I've made trips to visit my work friends in their new homes around the world. Work friendships started back in New York and are still going strongThese types of strong connections with colleagues didn't just start in Singapore. More than half of those surveyed said they'd met a close friend through their work or a spouse's work. I haven't been introduced to any of my coworkers' friends or partners, nor has my husband met any of them.

Persons: —, Peter, he'd, I've, I'm, didn't, Jacques Torres Chocolate, lockdowns, they'd, Slack, Vivek Murthy, Murthy, haven't Organizations: Service, Singapore Botanic Gardens, Business, Global, Business Insider, Research, Survey Center, American, Associated Press Locations: Singapore, New York, Guildford, Bali, —, Manhattan, Dumbo , Brooklyn, Bangkok

☆ Job openings fell again in April, hitting lowest level since February 2021 in a sign of labor market weakening
▼ + stars: | 2024-06-04 | by ( Jeff Cox | ) www.cnbc.com time to read: +2 min

Job openings fell more than forecast in April, signaling a potential weakening in the labor market that could provide the Federal Reserve with more impetus to start lowering interest rates. The Labor Department's Job Openings and Labor Turnover Survey released Tuesday showed that the level of employment vacancies slipped to 8.06 million for the month, down by nearly 300,000 from March and close to 19% lower than a year ago. The ratio of job openings to available workers edged down from 1.2 to 1, after being around 2 to 1 when openings peaked above 12 million in March 2022. Fed officials watch the JOLTS report closely for signs of labor market slack as they look for direction on monetary policy. While job openings slid, hires moved slightly higher as did separations and quits, a sign of worker confidence in the ability to move to other positions.

Persons: Dow Jones, nonfarm Organizations: Reserve, Labor, Bureau of Labor Statistics

☆ Gold little changed as traders seek more data for Fed rate cues
▼ + stars: | 2024-06-03 | by ( ) www.cnbc.com time to read: +2 min

Gold prices were little changed on Monday as traders awaited more U.S. economic data this week, after recent data showed that inflation stabilized and lifted hopes for the Federal Reserve to cut interest rates later this year. Gold prices were little changed on Monday as traders awaited more U.S. economic data this week, after recent data showed that inflation stabilized and lifted hopes for the Federal Reserve to cut interest rates later this year. "Gold is getting a little bit of support after the marginally softer than expected Personal Consumption Expenditures numbers supported the notion that the Fed can cut rates this year," Rodda said. Data on Friday showed that the U.S. inflation had stabilized in April, raising bets for a rate cut in September. Spot gold may break support at $2,319 per ounce, and fall towards $2,302, according to Reuters technical analyst Wang Tao.

Persons: Bullion, Kyle Rodda, Rodda, Wang Tao Organizations: Federal Reserve, Capital.com, Institute of Supply, PMI, Traders Locations: .

☆ Fauci to Face Grilling by Republican Committee on Covid Origins
▼ + stars: | 2024-06-03 | by ( Benjamin Mueller | Sheryl Gay Stolberg | ) www.nytimes.com time to read: +1 min

Dr. Anthony S. Fauci, the former government scientist both celebrated and despised for his work on Covid, is set to return to Capitol Hill on Monday for a reunion with some of his fiercest antagonists: members of a Republican-led House panel who accuse him of helping to set off the worst pandemic in a century. Republicans on the House Select Subcommittee on the Coronavirus Pandemic have spent 15 months rooting through emails, Slack messages and research proposals for evidence against Dr. Fauci. In half a million pages of documents and more than 100 hours of closed-door testimony, the panel has so far found nothing linking the 83-year-old immunologist to the beginnings of the Covid outbreak in China. But the panel has turned up emails suggesting that Dr. Fauci’s former aides were trying to evade public records laws at the medical research agency he ran for 38 years until his retirement in December 2022. Some of those emails paint Dr. Fauci as being preoccupied with his public image; one April 2021 message from an aide said that while Dr. Fauci “prides himself on being like teflon,” he appeared to be “getting worried about the brown stuff hitting the fan” over questions about research funded by his agency, the National Institute of Allergy and Infectious Diseases.

Persons: Anthony S, Slack, Fauci, Fauci’s, Fauci “ Organizations: Capitol, Republican, National Institute of Allergy Locations: China

☆ A juggernaut of the stock market's growth has hit a wall — buy these stocks instead
▼ + stars: | 2024-06-02 | by ( Jim Cramer | ) www.cnbc.com time to read: +12 min

How much do we pay for an enterprise software business that may have hit the wall, suddenly slowing down to sales growth in the high single digits from growth in the double digits? But Salesforce is the most glaring of the enterprise software behemoths, which include ServiceNow , Adobe , Workday , SAP , Intuit , and fallen star MongoDB . Or to put it another way, Salesforce needs its clients to hire more people to increase sales growth. SaaS is another form of enterprise software, is another form of applications software, is another form of kryptonite. Of course, there will be enterprise software companies that defy the slowdown.

Persons: Marc Benioff, Dow Jones, Salesforce, Ullal, Jensen Huang, that's, Thoma, —, Elon Musk's, Wells, It's, Charlie Scharf, Goldman Sachs, Dan Schulman, Bill Ready, Stanley Black, Decker, Jim Cramer's, Jim Cramer, Jim, Marlena Sloss Organizations: Oracle, Dow, Adobe, SAP, Intuit, Mad, Arista Networks, Microsoft, Nvidia, Arm Holdings, Thoma Bravo, Taiwan Semiconductor, Indy, Federal, Paypal, Fed, Jim Cramer's Charitable, CNBC, Bloomberg, Getty Locations: Norfolk Southern, Wells Fargo, Wells, Dover, Informatica

☆ Inflation Remains Steady, With Signs of Further Cooling
▼ + stars: | 2024-05-31 | by ( Lydia Depillis | ) www.nytimes.com time to read: +1 min

Inflation remained essentially flat in April while showing signs of progress, the Commerce Department reported Friday, in a closely watched measure that will guide the Federal Reserve in any decision to loosen interest rates in the coming months. The Personal Consumption Expenditures price index rose 2.7 percent from a year earlier, the same level as in March. After stripping out volatile food and fuel prices for a clearer reading of price trends — called the core index — inflation remained steady at 2.8 percent on an annual basis. On a monthly basis, inflation also remained flat, with prices rising 0.3 percent in April. That “core” index showed a slight moderation, rising 0.2 percent from the previous month, compared with 0.3 percent in March.

Persons: “, ”, Bill Adams Organizations: Commerce Department, Federal Reserve, Comerica Bank Locations: U.S

political memoThe outcome of Donald Trump’s Manhattan trial on Thursday had seemed almost unthinkable to the Trump team as recently as last summer. Guilty.”When Mr. Trump got up to leave court, his face looked as if he’d been punched in the solar plexus. Mr. Trump and his allies on Capitol Hill and in conservative media assiduously prepared their audiences to be outraged, whatever the outcome. “There’s a sense of personal resentment,” added the senator, who is on a shortlist to be Mr. Trump’s running mate. He got MAGA’d yesterday,” Mr. Trump said in the hallway outside the courtroom.

Persons: Donald Trump’s Manhattan, Donald J, Trump’s, Trump, Mr, Eric, Eric Trump’s, Steve Witkoff, ” Mr, Witkoff, Adam Gray, Jack Smith, Washington, Tanya Chutkan, Manhattan, Mark Pomerantz, Alvin L, Bragg, Michael D, Cohen, “, President Biden, Stephen K, Bannon, Alvin Bragg, Emil Salman, Biden, ” Neil Newhouse, Republican pollster, ”, Newhouse, —, J.D, Vance, MAGA, Robert De Niro, De Niro, ” Ruth Igielnik Organizations: Trump, Republican National Convention, Credit, The New York Times, Democratic, Capitol, Republican, Senate, Republicans, Trump . Credit, Mr, New York Times, Quinnipiac University, “ Voters, Fox, stoke, Biden Locations: Manhattan, Florida, Georgia, New York, U.S, Trump ., Siena, Ohio, Lower Manhattan

☆ Stock market today: Sell-off continues as markets digest new data, brace for PCE
▼ + stars: | 2024-05-30 | by ( Max Adams | Matthew Fox | ) www.businessinsider.com time to read: +3 min

Markets are bracing for the release of PCE inflation data on Friday. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Markets are now bracing for the release of personal consumption expenditures data, which is the Fed's preferred inflation measure. Economists expect the data to show inflation in April rose 2.7% year-over-year, while core PCE rose 0.2%, compared to 0.3% in March.

Persons: —, Bill Adams Organizations: Service, Dow Jones, Comerica Bank, Treasury, Fed Locations: Salesforce, Here's

☆ Salesforce shares plunge 16% on first revenue miss since 2006
▼ + stars: | 2024-05-29 | by ( Jordan Novet | ) www.cnbc.com time to read: +2 min

Analysts surveyed by LSEG had expected $2.40 in adjusted earnings per share on $9.37 billion in revenue. It's the first time since 2006 that Salesforce fell short on revenue, according to LSEG data. The company now expects adjusted earnings of $9.86 to $9.94 per share, compared with $9.68 to $9.76 three months ago. Analysts polled by LSEG were looking for $9.76 in adjusted earnings per share and $38.08 billion in revenue. During the quarter, Salesforce started selling its Einstein Copilot assistant sales and customer service reps.

Persons: Marc Benioff, LSEG, Salesforce, Einstein, Slack, Robert Hum Organizations: Economic, Revenue, Professional Services Locations: Davos, Switzerland

☆ ‘It’s putting patients’ lives in danger’: Nurses say ransomware attack is stressing hospital operations
▼ + stars: | 2024-05-29 | by ( Sean Lyngaas | ) edition.cnn.com time to read: +9 min

“It’s putting patients’ lives in danger,” said a nurse who works at Ascension Providence Rochester Hospital, a 290-bed facility about 25 miles north of downtown Detroit. The health care sector reported 249 ransomware attacks to the FBI last year, more than any other sector, with some cases affecting patient records. And, perhaps more than any other sector, health care firms hold an enormous volume of sensitive data that is ripe for targeting and extortion schemes. The hack cut off health care providers from billions of dollars of revenue and snarled service at pharmacies across the US. (She said her firm had no specific insights into the Change Healthcare or Ascension ransomware attacks.)

Persons: cyberattack, “, ”, cybercriminals, Mac Walker, Walker, ” Walker, Ascension’s, Ascension, Dina Carlisle, “ There’s, Andrew, ” Sezaneh Seymour, ” Bryan Vorndran, Vorndran Organizations: CNN, Ascension Providence Rochester Hospital, “, FBI, Biden, White House, Department of Health, Services, OPEIU, University of Minnesota School of Public Health, Change Healthcare, UnitedHealth, Healthcare Locations: Detroit, Birmingham , Alabama, St, Louis, Rochester , Michigan, ” OPEIU

☆ We're cutting our price target on Salesforce after mixed earnings, soft guidance
▼ + stars: | 2024-05-29 | by ( Zev Fima | ) www.cnbc.com time to read: +8 min

The company's balance of margin expansion with the potential for faster top-line growth should lead to strong earnings growth. Non-GAAP operating margin benefited from the lower cost of revenues, sales and marketing, and general and administrative expenses. Management reduced its revenue growth forecast for the subscription and support business to slightly below 10% over last year. The adjusted operating margin target of 32.5% was reaffirmed and is in line with expectations. For the second quarter, Salesforce estimates revenues of $9.2 to $9.25 billion, below the $9.345 billion estimate.

Persons: Salesforce isn't, Brian Millham, Marc Benioff, we've, Salesforce, That's, Jim Cramer's, Jim Cramer, Jim, David Paul Morris Organizations: Revenue, LSEG, SAP, Microsoft, Nvidia, CRM, Management, buybacks, CNBC, Bloomberg, Getty Locations: San Francisco , California, U.S

☆ Trump trial: CNN’s in-the-courtroom reporters describe key moments
▼ + stars: | 2024-05-25 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +15 min

A judge found Trump liable for fraud for inflating his net worth to get friendly loans, and juries found Trump liable for sexual abuse and defaming Carroll. DEL VALLE: This is actually my fourth Trump trial. Here, it’s almost been interesting how at moments it just felt like a regular trial. Reporters in the courtroom sat behind Trump – with a view often blocked by the many officers in the aisles of the gallery. The response prompted one of the biggest laughs in the courtroom in the entire trial – even several jurors were laughing.

Persons: Donald Trump’s, CNN’s Kara Scannell, Lauren del Valle, Jeremy Herb, Jean Carroll, Trump, defaming Carroll, del, he’s, it’s, That’s, I’ve, Kara, Lauren, Daniels, It’s, Susan Hoffinger, Christine Cornell, Michael Cohen’s, Todd Blanche, Blanche, Cohen, Keith Schiller, Cohen …, flailing, Kaitlan Collins, Robert Costello, Emil Bove’s, Costello, Judge Juan Merchan, ” Merchan, –, admonish, David Pecker, Trump’s, Pecker, Jane Rosenberg Hope Hicks, Hope Hicks, CNN Madeleine Westerhout, Madeleine Westerhout, Attorney Alvin Bragg, Boris Epshteyn, “, Joshua Steinglass, Emil Bove, Jaden Jarmel, Schneider, Bove, ”, ” Jarmel, ” Bove Organizations: CNN, Trump, New, DEL VALLE, Midway, National Enquirer, Trump … DEL VALLE, White House, VALLE, White, Attorney, Republican Locations: York, New York, del Valle, Manhattan

Several park visitors were swept off the bridge to their deaths in recent years during periods of high water. The crew members were among thousands of mostly youthful workers who labor to maintain the trails that thread through America’s public lands. The National Park Service recorded 325.5 million visits to its parks last year, up 4 percent over the previous year and the second busiest year on record. But the 236,000 miles of trails that wend their way through the parks, forests and deserts are often neglected and are certainly undervalued. That poses dangers to hikers and impedes access to the wonders that can be found on public lands.

Organizations: Forest, National Park Service Locations: Yosemite, Talladega, Allegheny, Michigan , Minnesota, Wisconsin

Bill Gates and Warren Buffett have given each other a few tips over the course of their friendship, which has lasted for more than three decades and counting. One of those lessons is something Gates wishes he'd learned a lot sooner, to clear up his busy schedule — and possibly even made him happier and more productive. "In hindsight, it's a lesson I could have learned a lot sooner had I taken more peeks at Warren Buffett's intentionally light calendar." Gates finally learned to cut his employees, and himself, some slack after catching a peek of the Berkshire Hathaway CEO's personal daybook. "[I] remember Warren showing me his calendar ... he [still] has days that there's nothing on it," Gates said, adding that Buffett's sparser schedule taught him an important lesson.

Persons: Bill Gates, Warren Buffett, Gates, he'd, it's, Warren Buffett's, He's, —, Charlie Rose, Buffett, Berkshire Hathaway, Warren, It's Organizations: Microsoft, Berkshire, Workers, Stanford University, Northern Arizona University, CNBC

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