DIRS.INFO The most relevant business & tech news

☆ How producer Nick Lee helped Ariana Grande make the most personal song on her new album
▼ + stars: | 2024-03-13 | by ( Callie Ahlgrim | ) www.businessinsider.com time to read: +5 min

Ariana Grande's new album "Eternal Sunshine" ends with a personal ballad called "Ordinary Things." AdvertisementIf Ariana Grande's new album "Eternal Sunshine" has a moral, it won't be found on the club-ready lead single "Yes, and?" It's the most intimate moment on Grande's seventh album, "Eternal Sunshine," released Friday, and it all came together with the help of Nick Lee. Lee, who is credited as a coproducer on "Ordinary Things," made the song's original beat with his friend Luka Kloser. "Intro (End of the World)" and "Ordinary Things" frame the album as a sacred quest to find peace and romantic clarity.

Persons: Ariana Grande's, Nick Lee, Lee, —, Grande, Marjorie Grande, nudging, he'd, Luka Kloser, Max Martin, it's, Kloser, Martin, Shintaro Yasuda, Aaron Paris, Nonna, Lee wasn't, that's Organizations: Grande, Service, Business, Spotify Locations: New York City, Los Angeles

☆ Pfizer is betting big on cancer drugs to turn business around after Covid decline – here's what to know
▼ + stars: | 2024-03-10 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +13 min

Now, the company is betting on cancer drugs to help it regain its footing after a rocky year marked by the rapid decline of its Covid business. That $43 billion Seagen acquisition doubled Pfizer's oncology drug pipeline to 60 different experimental programs. Some analysts noted that it might take a few years for some of Pfizer's cancer drugs in mid-stage development to show pivotal clinical trial data and become less risky. Revenue from the blockbuster breast cancer drug Ibrance and prostate cancer treatment Xtandi, which Pfizer shares with Astellas Pharma, has declined over the past year. They are among the most expensive prescription drugs in the U.S. Before the Seagen deal, 94% of Pfizer's cancer products were small-molecule drugs.

Persons: Wall, Seagen, Chris Boshoff, Boshoff, David Ryder, Trung Huynh, Joe Biden's, Chris Schott, Suneet Varma, RemeGe, Merck, Padcev, Guggenheim, Pfizer's, Pfizer hasn't, Dr, Mikael Dolsten, Irfan Khan Organizations: Nurphoto, Getty, Pfizer, Astellas Pharma, Guggenheim, Bloomberg, UBS, Medicare, Drug Administration, FDA, ADC, JPMorgan, Drugs, CNBC, CVS Pharmacy, Los Angeles Times Locations: Covid, Bothell , Washington, U.S, biologics, China, Eagle Rock , California

☆ Did your chef wash their hands? Handwashing ‘lie detectors’ could find out
▼ + stars: | 2024-03-08 | by ( Parija Bhatnagar | Parija Kavilanz | ) edition.cnn.com time to read: +8 min

Food workers wash their hands as they should only one in three times, according to the Centers for Disease Control and Prevention. The consequence: Germs spread from food workers’ hands to food, which can trigger an outbreak of dangerous foodborne illness in restaurants. By improving handwashing practices, food workers can be a critical part to preventing outbreaks of diseases like norovirus, Salmonella, and E. coli, it said. “In all circumstances, thorough, frequent hand hygiene is critical for preventing the spread of disease. Technology can potentially assist with increasing compliance and quality of hand hygiene, and that is very exciting indeed,” she said.

Persons: It’s, Christine Schindler, Schindler, ”, ” Waanders, Rebecca Bartles, Bartles, Don’t, there’s, ” Schindler, “, “ We’ve, PathSpot, Colin McCabe Organizations: New, New York CNN, Centers for Disease Control, Taco Bell, Association for Professionals, CNN, “, Environmental Health, Duke University, Employees, Valor Siren Ventures, Starbucks Locations: New York, “, United States

☆ Archimedes’ death ray might have worked, teen science project suggests
▼ + stars: | 2024-03-08 | by ( Taylor Nicioli | ) edition.cnn.com time to read: +7 min

But one fabled device has left scientists speculating on its existence for hundreds of years — the death ray. For his 2022 science project, Sener recreated the Archimedes screw, a device for raising and moving water. Sener found the death ray to be one of the more intriguing devices — sometimes referred to as the heat ray. Archimedes’ death ray is more commonly speculated to have been an array of several mirrors or polished shields. Sener’s mom, Melanie, was not surprised by her son’s choice in science project.

Persons: Archimedes, Brenden Sener, Sener, ” Sener, Melanie Sener, Cliff Ho, Ho, ”, “, Thomas Chondros, Melanie, … He’s Organizations: CNN, London Public, Canadian Science Fair, Sandia National Laboratories, US Department of, National Nuclear Security Administration, Greece’s University of Patras, Massachusetts Institute of Technology, University Locations: Greece, London , Ontario, Syracuse, Albuquerque , New Mexico, Chondros

☆ Opinion | From ‘Dune’ to Decadence (and Back)
▼ + stars: | 2024-03-08 | by ( Ross Douthat | ) www.nytimes.com time to read: +1 min

There are three great novels that I read as an early adolescent that I would take to a desert island if I ever needed to be set up for decades of rereading: The “Lord of the Rings” trilogy, “Watership Down” and “Dune.” I’ve written more in the past on J.R.R. Tolkien’s work and even on Richard Adams’s great rabbit epic than on Frank Herbert’s magnum opus. So I can’t let the occasion of “Dune: Part Two” and its imperial command of the box office pass without some kind of comment. The first is about the story’s contemporary resonance. What’s getting less attention, and what I want to highlight, is the larger civilizational dynamic that the book sets up, and how it speaks to our own moment.

Persons: Richard Adams’s, Frank Herbert’s, Denis Villeneuve’s, What’s

☆ The breathtaking scope of Sam Altman's future AI empire
▼ + stars: | 2024-03-07 | by ( Darius Rafieyan | ) www.businessinsider.com time to read: +9 min

If Sam Altman is to achieve his dream of artificial general intelligence in his lifetime, that number will need to double or triple every year for the foreseeable future. These wide-ranging plans for global transformation go far beyond Altman's role as the CEO of generative AI behemoth OpenAI, developer of ChatGPT. EnergyThe first pillar of Altman's grand unified theory of the future rests on energy. Headlining the event was company chairman and investor Sam Altman, who appeared via video call projected on a towered cineplex. And Altman's AGI empire extends beyond just the energy and raw material required to build AGI.

Persons: Sam Altman, he's, Altman, it's, Max, Jack, Sam himself, Sam, David Kirtley, Helion, He's, Joe Betts Lacroix, Lacroix, where's, Joe Biden, Tade Oyerinde, Oyerinde, Ali Ghodsi, Ghodsi Organizations: Nvidia, Business, Elon, Altman, OpenAI, Energy, Bloomberg, Concorde, Wall Street, Retro Biosciences, Capitol, PAC Locations: Silicon Valley, OpenAI, Davos, New York, Redmond , Washington, Washington

☆ Silicon Valley moguls are weighing in on Elon Musk's battle with OpenAI and it's getting cattier than a 'Real Housewives' reunion
▼ + stars: | 2024-03-04 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

Read previewElon Musk and his fellow billionaire tech bros are brawling over their differing views on OpenAI, and the back-and-forth is getting ugly. On Thursday, Elon Musk sued OpenAI and its CEO, Sam Altman. "Vinod doesn't know what he is talking about here," Musk wrote in a reply on X. "Vinod is lobbying to ban open source," Andreessen wrote on X.AdvertisementVinod is lobbying to ban open source. Representatives for Musk, Khosla, and Andreessen did not immediately respond to a request for comment from Business Insider sent outside regular business hours.

Persons: —, Elon Musk, OpenAI, Sam Altman, Altman, Musk, OpenAI didn't, Vinod Khosla, Khosla, Elon, Vinod doesn't, @OpenAI, Marc Andreessen, Vinod, Andreessen, D9ihtHEOiB, Marc Andreessen 🇺🇸 ( Organizations: Service, Microsoft, Business, xAI, Venture, Netscape Locations: OpenAI

☆ Former M.I.T. Student Pleads Guilty in 2021 Killing of Yale Student
▼ + stars: | 2024-02-29 | by ( Christopher Maag | ) www.nytimes.com time to read: +1 min

A former graduate student at M.I.T. has pleaded guilty to killing a Yale graduate student in January 2021 in a gruesome shooting that shocked people on both university campuses. That changed on Thursday, when Mr. Pan pleaded guilty, possibly bringing an end to a case that had caused some Connecticut residents to question the competence of local police. Mr. Pan faces a single charge of murder, according to a statement by John P. Doyle Jr., the state’s attorney in New Haven. ’s department of electrical engineering and computer science, Mr. Pan met Zion Perry, an undergraduate student at M.I.T., and they became friends.

Persons: Qinxuan, Pan, John P, Doyle Jr, Zion Perry, Perry, Kevin Jiang Organizations: Yale, New Haven, Facebook Locations: M.I.T, Connecticut, New Haven

☆ China, Xi Jinping Plan to Crush Elon Musk, Tesla, and the US EV Industry
▼ + stars: | 2024-02-25 | by ( Linette Lopez | ) www.businessinsider.com time to read: +13 min

If China EV Inc. were allowed to enter the US today or next year, the legacies would be gutted." The year Musk tittered at the idea of Chinese EVs overtaking Tesla, the country produced only 5,000 electric cars. It has more trade barrier protection from a China Auto Inc. onslaught, but it may not work forever. AdvertisementWe want to maintain an auto industry in the US — that's essential for jobs, national security, and for other sectors of the economy. Sure, Chinese EV makers are lean and mean, but they've never had to deal with international markets before.

Persons: Elon Musk, Warren Buffett, Le, haven't, carmakers, Jim Farley, Tesla, Xi, Andy Wong, Xi Jinping, Li Auto, BYD, Trump, Mary Lovely, Joe Biden's, Biden, it's, Lovely, they've Organizations: Tesla, Bloomberg TV, America's, GM, Ford, Sino, EV, China EV Inc, ascendance, Chery, US, Chinese Communist Party, CCP, Companies, SAIC, Energy Department, China Auto Inc, Peterson Institute, United Auto Workers, White, Auto Locations: Chinese, China, Beijing, Japan, Europe, North America, Brussels, Washington, Hungary, Mexico, Canada, America

☆ These 3 names that are about to report quarterly results have strong earnings momentum
▼ + stars: | 2024-02-20 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

About 80% of S & P 500 constituents have already reported, with more than three-quarters of these names beating earnings estimates, according to FactSet. The 14 analysts covering the stock rate it either a buy or a strong buy, with their average price target of $613.86 implying about 12% upside ahead, per LSEG. Average earnings estimates on the power company have ticked up roughly 8% over the past three months, while shares have added about 12% in 2024. Seven of the 13 analysts covering the stock rate it a buy or a strong buy, but their average price target of $124.64 suggests downside of nearly 5%, per LSEG. Mizuho Securities is neutral on the stock, recently raising its price target to $132 from $116.

Persons: Goldman Sachs, David Kostin, Raymond James, Srini Pajjuri, Anthony Crowdell Organizations: CNBC, Nvidia, Constellation Energy, Mizuho Securities, Constellation Locations: Mizuho

☆ Students can soon major in AI at this Ivy League university—it'll prepare them for 'jobs that don't yet exist'
▼ + stars: | 2024-02-16 | by ( Kamaron Mcnair | In Kamaronmcnair | ) www.cnbc.com time to read: +4 min

"This dedicated AI program will accelerate students to become AI leaders as quickly as possible in order to address societal challenges as soon as possible." At Penn, all students in the AI program will be required to satisfy an ethics requirement. The new AI courses will be available to all Penn students, regardless of their major. "A cohort of AI engineering students makes for the perfect educational laboratory for testing how best to integrate AI in learning." Penn's new degree will be "training students for jobs that don't yet exist," Ghrist said in the press release.

Persons: Penn grads, Neera, George Pappas, Pappas, Robert Ghrist, Andrea Mitchell, Ghrist Organizations: University of Pennsylvania, Ivy League, Penn, Intelligence, Carnegie Mellon's School of Computer Science, Purdue's College of Science, Stanford University and Massachusetts Institute of Technology, UPS, Penn Engineering, CNBC, Robotics, Machine, Andrea Locations: Penn, U.S

☆ US moon landing: Second NASA-backed company aims for lunar landing attempt
▼ + stars: | 2024-02-12 | by ( Jackie Wattles | ) edition.cnn.com time to read: +7 min

It will amount to “a high-energy fastball pitch towards the moon,” as Intuitive Machines CEO Stephen Altemus put it. Once in Earth’s orbit, the lunar lander will separate from the rocket and begin venturing on its own, using an onboard engine to boost itself on a direct trajectory toward the lunar surface. Founded in 2013, Intuitive Machines will be the second of the CLPS program participants — after Astrobotic — to attempt a moon landing. If all goes according to plan, Odysseus will spend seven days operating on the moon as the lunar lander basks in the sun. Altemus estimates that Intuitive Machines has about an 80% chance of safely landing Odysseus on the moon.

Persons: Odysseus, Odie, Stephen Altemus, Peregrine, Chandan Khanna, CLPS, ”, Joel Kearns, Astrobotic —, Jeff Koons —, —, “ We’ve, who’s, Odysseus ’, Altemus, “ It’s, ” Altemus Organizations: CNN, NASA, SpaceX, Technology, Cape Canaveral Space Force, Payload, “, Columbia, United States, Peregrine Locations: United States, Cape Canaveral , Florida, Houston, Pittsburgh, Cape, China, India, Japan, British, Russia

☆ Can Germany’s sputtering economy be revived in 2024?
▼ + stars: | 2024-02-10 | by ( Hanna Ziady | ) edition.cnn.com time to read: +11 min

Europe’s biggest economy shrank last year for the first time since the onset of the Covid-19 pandemic. And the outlook isn’t much brighter: the International Monetary Fund predicts that Germany will be the slowest-growing major economy in 2024, eking out an increase of just 0.5%. “Germany needs a fundamental economic transformation,” Marcel Fratzcher, president of the German Institute for Economic Research in Berlin, told CNN. Carsten Koall/Getty ImagesHomegrown troublesAlongside an external environment that has become more hostile to Germany’s outward-facing economy, the country’s internal political climate has worsened. Businesses such as these, which can find new markets and applications for their know-how, may hold the key to reviving Germany’s moribund economy.

Persons: What’s, ” Marcel Fratzcher, ”, Carsten Brzeski, Jens Schlueter, Constanze Stelzenmuller, Christian Lindner, Olaf Scholz, Robert Habeck, Carsten Koall, Michael Probst, Karl Haeusgen, ” Sebastian Shukla, Chris Stern Organizations: London CNN — Trains, Lufthansa, International Monetary Fund, European Union, European Commission, German Institute for Economic Research, CNN, ING, Brookings Institution, Volkswagen, Biden, Free Democratic Party, Social Democratic Party and, Green Party, Deutsche, LinkedIn, Investors, SAP, chipmaker Infineon, Intel, MAN Energy Solutions, Germany’s Machinery, Equipment Manufacturers Association Locations: Europe’s, Germany, Ukraine, Berlin, Europe, China, Zwickau, United States, Russia, “, Japan, masse, Frankfurt, ”, Hamburg, Jungheinrich, Augsburg, Munich, Esbjerg, Denmark

☆ Nuclear fusion: Scientists just set a new energy record in a step toward unleashing the limitless, clean energy source
▼ + stars: | 2024-02-08 | by ( Angela Dewan | ) edition.cnn.com time to read: +4 min

London CNN —Scientists and engineers near the English city of Oxford have set a nuclear fusion energy record, they announced Thursday, bringing the clean, futuristic power source another step closer to reality. To generate fusion energy, the team raised temperatures in the machine to 150 million degrees Celsius — around 10 times hotter than the core of the sun. An animation showing how tokamaks generate nuclear fusion energy. “Our successful demonstration of operational scenarios for future fusion machines like ITER and DEMO, validated by the new energy record, instil greater confidence in the development of fusion energy,” Fasoli said in a statement. A view of Torus Hall, where the JET tokamak machine lies.

Persons: Ambrogio Fasoli, ” Fasoli, Aneeqa Khan, Khan, ”, Copernicus Organizations: London CNN —, CNN, JET, EUROfusion, United Kingdom Atomic Energy Authority, University of Manchester Locations: Oxford, France

☆ I'm an AI startup founder and love hiring liberal arts grads. They give us a surprising edge.
▼ + stars: | 2024-02-07 | by ( Megan Carnegie | ) www.businessinsider.com time to read: +6 min

Barthélémy Kiss, 36, is a politics graduate running his second AI company Powder. Kiss has hired career switchers and liberal arts grads to work on his most recent AI project. Working on this startup, I've learned that people with a liberal arts background have a major edge in our industry. The liberal arts grads we've hired have a creative, human-centric approach to understanding the best applications of AI in their respective fields. We need creative thinkers to get the best out of AI technologyHuman creativity is crucial in the AI space.

Persons: Barthélémy, Kiss, switchers, grads, —, Eric Risser, We've, I've, grads we've, Stan, Maryan, Pierre Boulez Organizations: Service, Unity, Creative, Ircam Locations: Paris

☆ The high-profile failure of a $3.7B aircraft carrier shows how Britain is struggling to keep up with first-rate militaries
▼ + stars: | 2024-02-05 | by ( Tom Porter | ) www.businessinsider.com time to read: +4 min

Years of underfunding have left the UK's navy in a threadbare state, according to a report. AdvertisementThe high-profile failure of the UK's flagship aircraft carrier over the weekend has shown how Britain is struggling to keep up with first-rate navies around the world. AdvertisementThe Prince of Wales and the HMS Queen Elizabeth have only been in service for around three years. Having two aircraft carriers means that HMS Prince of Wales can quickly prepare to deploy in place of HMS Queen Elizabeth," said a spokeswoman. Advertisement"HMS Prince of Wales will deploy soon on NATO exercise Steadfast Defender, carrying out her duties to keep the nation and our allies safe."

Persons: underfunding, —, Elizabeth, Wales, Tom Sharpe, Lord Houghton, of Wales, HMS Queen Elizabeth, Prince, Sir Richard Barrons Organizations: NATO, Service, Britain's Royal Navy, US Navy, Navy, The Times, Britain's, Ministry of Defence, Armed Forces, Financial Locations: Britain, East Asia, Russia, Ukraine, Red, Bahrain, Wales

☆ Stanley Tumblers Contain Lead. Owala, Hydro Flask Pounce.
▼ + stars: | 2024-02-03 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +4 min

Read previewThe news that Stanley's insulated stainless steel cups contain lead sparked a frenzy of concern on social media about the potential health risks for consumers. Stanley acknowledged in a statement that it uses "an industry standard pellet" that contains "some lead" to seal the vacuum insulation of its tumblers. We want to assure you that Hydro Flask does not use lead in our vacuum sealing process," HydroFlask said in a post on Threads earlier this week. Marketing experts told Business Insider this is a smart strategic move for companies seeking to differentiate themselves from Stanley and win over customers. And lead is still bad for manufacturing workers and the environment — it's just not a significant health risk for Stanley customers.

Persons: —, Stanley, hasn't, Jack Caravanos, HydroFlask, Anita Rao, Rao, Bruce Clark, They're, isn't, nibble Organizations: Service, Business, New York, Washington Post, Hydro, Georgetown University, Northeastern University, NBC Locations: New York University, Oregon

☆ Self-navigating ships could change the shipping industry. Here are the companies poised to benefit
▼ + stars: | 2024-02-02 | by ( Hakyung Kim | ) www.cnbc.com time to read: +7 min

Worldwide, the autonomous ships market reached $4.13 billion in 2022, and is forecasted to grow to $10.1 billion in 2032, according to Emergen Research . Avikus said this journey marked the first time autonomous navigation successfully enabled a large vessel to complete a trip over 10,000 kilometers. HiNAS 2.0 deployed a level-three autonomous navigation system, meaning that human intervention is only deployed in an emergency situation. The success of the HiNAS 2.0 and Prism Courage journey marked a foray into greater commercialization and implementation of autonomous ship navigation technology. The company is aiming for its fully autonomous ship technology to reach full-scale commercialization by 2025.

Persons: Patrick Ryan, Covid, Courage, Avikus, Carol Schleif, Rudy Negenborn, — Ryan, Ryan, BMO's, Morgan Stanley, Ravi Shanker, Shanker, Hunt, C.H, Robinson, Negenborn Organizations: Research, American Bureau of Shipping, Hyundai, Yara International ASA, Yara, BMO Family, Delft University of Technology, Moeller, Maersk, Yara International, Mitsui, Mitsui O.S.K, Royce, Shipbuilders, Expeditors International Locations: Covid, Avikus, Freeport, of Mexico, Panama, Korea, Red, Suez, U.S, Danish, American, ADRs, Japan

☆ FDA panel to examine ways to better evaluate pulse oximeters for skin color bias
▼ + stars: | 2024-02-02 | by ( Jacqueline Howard | ) edition.cnn.com time to read: +6 min

CNN —The longstanding problem of pulse oximeters providing less-accurate readings for people with dark skin tones is getting another look from a panel of experts for the US Food and Drug Administration. The FDA’s Anesthesiology and Respiratory Therapy Devices Panel of the Medical Devices Advisory Committee is meeting Friday to review ways to better evaluate the accuracy and performance of pulse oximeters in patients with darker skin. Pulse oximeters are fingertip clamps that send light beams through your finger to estimate the oxygen saturation of your blood and your pulse rate. “That standard is then applied to all people as a one-size-fits-all, but time and again, we have seen in medicine that this approach leads to poor outcomes for certain groups, especially Black patients,” Ibekie said. “We need to address the root and work harder to conduct research with patients that represent our populations as a whole,” she said.

Persons: Dionne Ibekie, “, Ibekie, ”, ” Ibekie, “ I’m, Leo Anthony Celi, ” Celi, White, Dr, Sanjay Gupta Organizations: CNN, US Food and Drug Administration, Medical Devices, FDA, MIT Laboratory, Computational Physiology, MIT Institute for Medical Engineering, Science, Genomics, CNN Health Locations: Illinois

☆ The US, Russia and China are in a race to dominate new-wave nuclear energy — and win global influence
▼ + stars: | 2024-02-01 | by ( Angela Dewan | Ella Nilsen | ) edition.cnn.com time to read: +12 min

Russia's floating nuclear power plant, Akademik Lomonosov, leaving the service base Rosatomflot on August 23, 2019. For some experts, nuclear energy — in all forms, large or small — has an important role to play in that transition. Globally, the construction of conventional nuclear power plants dipped following the Chernobyl meltdown in 1986. Russia has already built or designed nuclear plants — the traditional type — for China, India, Bangladesh, Turkey, Slovakia, Egypt and Iran. “It certainly dampens the excitement abroad,” said John Parsons, a senior lecturer at MIT and a financial economist focused on nuclear energy.

Persons: Akademik Lomonosov, Biden, Lomonosov, Maxim Shemetov, “ There’s, ”, Josh Freed, China —, Vladimir Putin’s, Bill Gates ’, Luo Yunfei, Kirsten Cutler, they’re, Cutler, ” Cutler, They’re, John Parsons, John Kerry, Thomas Mukoya, Way’s Freed, “, ” Parsons, Mohammed Hamdaoui, ” Hamdaoui, “ It’s Organizations: CNN, Reuters, European Union, International Energy Agency, Energy, World Nuclear, IEA, US, SMR, US Export, Import Bank, International Development Finance Corporation, GE Hitachi Nuclear Energy, China, Changjiang, China News Service, Nuclear Energy, US State Department, “, MIT, InfluenceMap, The State Department, Nuclear Regulatory Commission, NRC, Rystad Energy Locations: Alaska, Russian, Russia, China, European, Japan, India, South Korea, Europe, Dubai, America, Poland, North Carolina, Southeast Asia, Bangladesh, Turkey, Slovakia, Egypt, Iran, Lomonosov, Siberia, Russia’s, Washington, Bill Gates ’ TerraPower, Wyoming, Changjiang Li Autonomous County, Hainan province, United States, Oregon, Idaho, United Arab Emirates

And the company predicts a small improvement this year even as it plans for lower vehicle selling prices due to increased discounts. Cost cutting by simplifying engineering and manufacturing saved GM about $1 billion last year, Jacobson said, with another $1 billion expected this year. The company expects EV losses to ease this year and hit low-to-mid single digit profit margins in 2025 as it adds more EVs to its lineup. It also took a $1.7 billion accounting charge on the valuation of its electric vehicle inventory that is going to bring losses, Jacobson said. This year, the company expects $1.3 billion in higher labor costs and is prepared for about a $3 billion hit due to lower prices, Jacobson said.

Persons: Paul Jacobson, “ It's, ” Jacobson, Jacobson Organizations: DETROIT, —, Motors, Detroit, North, United Auto Workers, GM, UAW, Chevrolet Bolt, Cruise, Revenue Locations: North American

☆ Google will spend $700 million on severance this quarter
▼ + stars: | 2024-01-30 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +1 min

Google expects to incur $700 million in severance costs this quarter. The costs were revealed in Alphabet's Q4 earnings report, released Tuesday. Severance and related costs were $2.1 billion for 2023, following mass layoffs that year. AdvertisementGoogle spent billions on employee severance following the company's mass layoffs last year, its latest earnings report showed. Alphabet's earnings for the fourth quarter and fiscal year of 2023, released Tuesday, showed that the company also expects to incur $700 million in severance costs for this quarter.

Persons: Severance, — Organizations: Google, Service, Business

☆ Boeing was once known for safety and engineering. But critics say an emphasis on profits changed that
▼ + stars: | 2024-01-30 | by ( Chris Isidore | ) edition.cnn.com time to read: +22 min

Boeing is back in the headlines for all the wrong reasons again after the Alaska Airlines 737 Max 9 incident. Boeing workers participating in a "Quality Stand Down" at Boeing's 737 Max factory in Renton, Washington on January 25, 2024. One of the first Boeing 737 Max jets on the production line at the company's manufacturing facility in Renton, Washington, U.S., on Monday, Dec. 7, 2015. The airlines around the world that have already bought Boeing planes basically need to keep using those models, whatever the problems. Commercial pilots are certified on specific models and are not able to easily move from single-aisle to widebody versions of Boeing jets, let alone between a Boeing and an Airbus jet.

Persons: I’m, Dave Calhoun, we’ve, ”, “, Calhoun, Max, Jason Redmond, Stan Deal, Ed Pierson, McDonell Douglas, Critics, ” Ron Epstein, McDonnell Douglas, Jim McNerney, Tammy Duckworth, Aaron Schwartz, ‘ We’re, Richard Aboulafia, Joshua Drake, Boeing Calhoun, Bank of America’s Epstein, it’s, Pierson, Max ”, Robert Clifford, people’s, ” Calhoun, David Ryder, Aboulafia, Boeing’s Organizations: New, New York CNN, Boeing, Alaska Airlines, National Safety Transportation Board, Pilots, Max, Alaska Air, Getty, Foundation for Aviation Safety, CNN, “ Boeing, Bank of America, General Electric, Procter, Gamble, McKinsey, Co, GE, Associated, Pentagon, Capitol, FAA, Airbus, Joshua Drake Photography, Blackstone Group, Nielsen, Bank of, Aviation, Bloomberg, Ethiopian Aircraft Accident, US National Transportation Safety Board, Internal Locations: New York, Renton , Washington, AFP, Alaska, Soviet Union, Pacific, Chicago, Seattle, Washington, DC, Mobile , Alabama, Wichita, Oklahoma, Carolina, South Carolina, Calhoun, Indonesia, Ethiopia, Renton , Washington , U.S

☆ What to know about human brain implants
▼ + stars: | 2024-01-30 | by ( Jen Christensen | ) edition.cnn.com time to read: +4 min

Here’s what to know about brain implants. What is a human brain implant? Doctors implant these kinds of devices on the surface of the brain or deep with in it. Neuralink’s equipment is about the size of a coin; Synchron’s is a small stent-like device that goes into the blood vessels in the brain. In 2021, Neuralink demonstrated how this worked with a monkey named Pager, who had two of these wireless devices implanted into its brain.

Persons: CNN —, Synchron, won’t, we’ve, ”, Paul Nuyujukian, Neuralink, ” Nuyujukian, Dr, Sanjay Gupta, “ Organizations: CNN, CNN — Elon, Stanford University, CNN Health, US Food and Drug Administration

☆ Icon of the Seas: The world’s largest cruise ship sets sail on maiden voyage
▼ + stars: | 2024-01-27 | by ( Terry Ward | ) edition.cnn.com time to read: +12 min

CNN —There is nothing subtle about the world’s largest cruise ship. The commotion brought traffic to a halt along the causeway to Miami Beach that parallels the cruise ship channel. Icon of the Seas’ list of superlatives and firsts is longFinding time to fit in everything onboard Icon of the Seas promises to keep passengers busy. A Royal Caribbean spokesperson said Icon of the Seas is 24% more energy efficient than required for ships designed today. Royal Caribbean International is clearly pitching Icon of the Seas to a market that goes beyond cruising.

Persons: Lionel Messi, ”, Hurricane Hunter, Oz, Bryan Comer, Comer, Colleen McDaniel, McDaniels, ” McDaniels, Michael Verdure, Rob Clabbers, Q, ” Clabbers, Wagyu, Michael Bayley, ” Bayley, Jay Schneider, Royal, “, ‘, ’ ” Schneider, Terry Ward Organizations: CNN, Port, Hurricane, Storm, Royal, The International Council, Clean Transportation, Royal Caribbean International, Cruise, CNN Travel, Seas, Star, Royal Caribbean Locations: Port of Miami, Turku, Finland, Miami Beach, Argentine, Miami, Eastern Caribbean, Sedona , Arizona, Royal Caribbean, Florida’s Port Canaveral, Orlando, Chicago, Izumi, Caribbean, Vegas, Florida, Tampa

Search resuls for: "Engineering and"

25 mentions found