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☆ How AI could power the climate breakthrough the world needs
▼ + stars: | 2023-11-26 | by ( Clare Duffy | Rachel Ramirez | ) edition.cnn.com time to read: +14 min

The tool uses data on the climate, water and soil of a particular location to measure how viable the landscape will be for growing in the coming years. “The way we think about AI is it’s a time and effectiveness multiplier to the solutions for climate change,” Gupta told CNN. But for all of AI’s promise, the infrastructure that supports the technology — data centers filled with rows of powerful, energy-sucking computers — could itself be a strain on the environment. For now, the amount of energy used to power AI is relatively small compared to what’s consumed by transportation or buildings. Data center operators like Google are already thinking about how to reduce the resources needed to power the computing behind their AI models.

Persons: David Rind, ClimateAi, Himanshu Gupta, ” Gupta, ”, Fengqi, “, Kara Lamb, Aditya, Dan Keeler, ” Keeler, Anna Liljedahl, ” Liljedahl, Keeler, Daniel Leal, ClimateAi’s Gupta, Anna Robertson, ” Robertson, Alex de Vries, Alex Kraus, Adam Selipsky, —, Gupta Organizations: David Rind . New York CNN, Farmers, CNN, Cornell, Getty, Technology, Climate Research, Google, Bloomberg, Web Services, —, “ Regulators, ” Tech Locations: David Rind . New York, India, Maharashtra, Columbia, American, Ireland, Oregon, United States

☆ OpenAI’s wild week explained: How the Sam Altman story unfolded
▼ + stars: | 2023-11-22 | by ( Diksha Madhok | Clare Duffy | ) edition.cnn.com time to read: +7 min

ET, OpenAI publicly announced that it had fired Altman over concerns that he was not always truthful with the board. Sam Altman, left, appears onstage with Microsoft CEO Satya Nadella at OpenAI's first developer conference, on Nov. 6, 2023, in San Francisco. OpenAI’s board was also reportedly having second thoughts and considering asking the ousted CEO to return. Ultimately, Microsoft and Altman appear to be the big winners from the dust-up: Altman will continue leading the firm he helped to found. “We are encouraged by the changes to the OpenAI board,” Nadella said on X.

Persons: Elon, Sam Altman —, —, OpenAI, ChatGPT, Altman, Ilya Sutskever, Greg Brockman, Mira Murati, Altman’s, “, what’s, ” Brockman, Kara Swisher, Sam Altman, Satya Nadella, Barbara Ortutay, Nadella, Brockman, Emmett Shear, Murati, ” Nadella, ”, Justin Sullivan, Bret Taylor, Larry Summers, Adam D’Angelo, Shear, … Organizations: New Delhi CNN, Valley Bank, Google, Microsoft, OpenAI's, Sunday, OpenAI, CNBC, Twitter Locations: New York, New Delhi, OpenAI, San Francisco, San Francisco , California

☆ Sam Altman returns to OpenAI in a bizarre reversal of fortunes
▼ + stars: | 2023-11-22 | by ( Clare Duffy | David Goldman | ) edition.cnn.com time to read: +5 min

In its announcement of Altman’s firing, OpenAI claimed that Altman had been insufficiently “candid” with the board. But then hundreds of OpenAI employees, nearly the company’s entire staff, threatened to leave, potentially for Microsoft, if the company’s board didn’t resign and reinstate Altman as CEO. It’s unclear how Shear will be affected by Altman’s return. “We are encouraged by the changes to the OpenAI board,” Microsoft CEO Satya Nadella said on X. Publicly, Altman has long cautioned about risks posed by AI, and he has pledged to lawmakers and customers that he would move OpenAI forward responsibly.

Persons: Sam Altman, Bret Taylor, Adam D’Angelo, Larry Summers, “, Altman, Steve Jobs, OpenAI, Kara Swisher, Nadella, Greg Brockman, Altman’s, —, Emmett Shear, didn’t, Shear, …, ” Brockman, Satya Nadella, Jony, CNN’s Juliana Liu, Diksha Madhok Organizations: New, New York CNN, Twitter, Microsoft, CNN, Twitch Locations: New York, OpenAI, Silicon

☆ Here are the dozen brands that have paused ads on X amid ongoing crisis for Elon Musk’s platform
▼ + stars: | 2023-11-22 | by ( Clare Duffy | ) edition.cnn.com time to read: +3 min

New York CNN —At least a dozen major brands have halted ad spending on X, formerly Twitter, since its latest advertiser exodus began last week over concerns about antisemitism and hate speech on Elon Musk’s social media platform. The ongoing exit of advertisers marks a deepening crisis for X, which was already struggling to woo brands back to the platform following Musk’s takeover last year. IBM’s decision also came after Musk had publicly endorsed an antisemitic conspiracy theory in a post on X earlier in the week. X also said it had made the pro-Nazi accounts identified by Media Matters ineligible for monetization, meaning ads can no longer be run on their pages. (Media Matters has vowed to fight the lawsuit from X and says it stands by its reporting.)

Persons: Axios, they’d, Musk, Apple, Linda Yaccarino, Richard Spencer, —, CNN’s Oliver Darcy, Liam Reilly, Brian Fung Organizations: New, New York CNN, Elon, Fox Sports, Ubisoft, TechCrunch, Paris, CNN, White, IBM, Media, Disney, Paramount, Comcast, Lionsgate, NBCUniversal, Warner Bros, Media Matters, University of Michigan, D.C, National Football League Locations: New York, Washington

☆ The major companies still advertising on X despite Elon Musk’s antisemitic endorsement
▼ + stars: | 2023-11-22 | by ( Oliver Darcy | Liam Reilly | ) edition.cnn.com time to read: +5 min

But those assurances have rung hollow as advertisements have continued to be placed on accounts posting hate speech and conspiracy theories. “Elon introduced unique risks,” marketing industry veteran Lou Paskalis, the founder and chief executive of marketing consultancy AJL Advisory, told CNN. “It’s self-destructive for any advertiser to be associated with him,” Sonnenfeld told CNN. His endorsement of the post came as the progressive watchdog Media Matters issued a report that indicated advertisements for major brands appeared next to neo-Nazi hate speech on X. Legal experts have told CNN that the lawsuit is deeply flawed and could open the billionaire up to embarrassing revelations during the discovery process.

Persons: Elon Musk’s, Brian McCarthy, Musk, George Soros —, X, “ Elon, Lou Paskalis, ” Jeffrey Sonnenfeld, ” Sonnenfeld, ”, Ted Boutrous, Boutrous, ” CNN’s Clare Duffy Organizations: CNN, NFL, Walmart, State, The New York Times, Washington Post, The, Mondelēz International, Ritz Crackers, Twitter, Defamation League, Apple, Disney, IBM, Paramount, Fox Sports, Paris, Warner Bros ., AJL, Yale School of Management, Media, Media Matters, Ted Boutrous CNN Locations: Wendy’s, White

☆ Here are six important questions as Elon Musk faces an ever-deepening crisis over his unhinged behavior
▼ + stars: | 2023-11-21 | by ( Oliver Darcy | ) edition.cnn.com time to read: +6 min

CNN —Elon Musk has an ever-deepening crisis on his hands. Days after the billionaire conspiracy theorist endorsed an antisemitic post on his hate-drenched platform, X, there is mounting pressure for others to take additional action against the unhinged businessman. Here are six questions about the calamity besieging X:What is Musk doing with his lawsuit against Media Matters? Earlier this year, the NFL expressed concern when a Media Matters report found its ads were appearing next to accounts belonging to racists. But it has not said a word since, even as X continued placing ads for NFL teams onto VDARE’s account.

Persons: CNN — Elon Musk, It’s, Musk, Ted Boutrous, X, ” Angelo Carusone, Will Linda Yaccarino, Lou Paskalis, Clare Duffy, Elon Musk, ” Paskalis, she’s, ‘, ” Yaccarino, Axios, TechCrunch, I’m, newsrooms, Casey Newton, ” Newton Organizations: CNN, Media Matters, Media, Hamas, AJL Advisory, NFL, The Washington Post, Financial Times, New York Times Locations: Israel

☆ Paris Hilton’s media company suspends ads on X, one month after agreeing to touted partnership with the platform
▼ + stars: | 2023-11-21 | by ( Liam Reilly | Clare Duffy | ) edition.cnn.com time to read: +2 min

“11:11 Media made the decision to immediately pull the campaign from the platform,” Bruce Gersh, 11:11 Media’s president and chief operating officer, told CNN on Tuesday. The decision by Hilton’s company to pull its advertising is a blow to X and the platform’s chief executive, Linda Yaccarino, who announced a major promotional partnership with Hilton just last month. A spokesperson for Hilton declined to comment on whether the suspension of 11:11’s ad campaign also meant the end of Hilton’s partnership with X. IBM halted its ad spend on X on Thursday after a report from progressive media watchdog Media Matters showed its ad had run alongside pro-Nazi content on X. Other major brands, including Disney and Paramount, followed suit on Friday, but did not specify their reasoning for pulling their ad spending from X.

Persons: Elon Musk’s, ” Bruce Gersh, Linda Yaccarino, Hilton, X Organizations: CNN, Paris, Media, Yaccarino, X, IBM, Disney, Paramount Locations: Hilton

☆ What OpenAI’s turmoil is really all about
▼ + stars: | 2023-11-21 | by ( Allison Morrow | ) edition.cnn.com time to read: +7 min

OpenAI’s incredible upheaval — with former CEO Sam Altman caught in the middle — could have broad implications for who gets to control the future of artificial intelligence. However, Microsoft has already won the war: It is OpenAI’s most important stakeholder, with a promised $13 billion investment. In the past year, he has become the public face of the industry, and was instrumental in forging OpenAI’s partnership with Microsoft, which began in 2019. Altman, sources say, wanted to move quickly, while the OpenAI board wanted to move more cautiously. Both achievements are possible, and OpenAI’s strange structure — a nonprofit overseeing a for-profit company — was designed to contain AI from destroying humanity.

Persons: Sam Altman, OpenAI, ChatGPT, Altman, Greg Brockman, Satya Nadella, Kara Swisher, ”, Jason Schloetzer, Gil Luria, Davidson, “, Luria, ” Schloetzer, —, — CNN’s Clare Duffy Organizations: New, New York CNN, Microsoft, CNBC, CNN, Georgetown’s McDonough School of Business, D.A, Google Locations: New York, Silicon

☆ Media Matters: Elon Musk’s X sues media watchdog over report on pro-Nazi content on the social media site
▼ + stars: | 2023-11-20 | by ( Brian Fung | Clare Duffy | ) edition.cnn.com time to read: +6 min

The lawsuit filed Monday accuses Media Matters of distorting how likely it is for ads to appear beside extremist content on X, alleging that the group’s testing methodology was not representative of how real users experience the site. “Media Matters designed both these images and its resulting media strategy to drive advertisers from the platform and destroy X Corp.”The lawsuit simultaneously names Media Matters and Eric Hananoki, its senior investigative reporter, as defendants. It calls for a judicial order forcing Media Matters to remove its analysis from its website and accuses Media Matters of interfering with X’s contracts with advertisers, of disrupting their economic relationships and of unlawfully disparaging X. In a statement Monday evening, Media Matters President Angelo Carusone vowed to defend the group against the suit. “Media Matters stands behind its reporting and looks forward to winning in court.”On Monday evening, X CEO Linda Yaccarino chimed in defending the social media site.

Persons: Elon Musk, Eric Hananoki, Angelo Carusone, ” Carusone, ”, Linda Yaccarino chimed, I’m, ” Yaccarino, “, Ken Paxton, Musk, ” Musk, opportunistically, that’s, Steve Vladeck, Joan Donovan, ” Ken White, “ X, ” White, White, Mark Pittman, Donald Trump, Pittman, Joe Biden’s, Jon Passantino, Dan Berman Organizations: CNN, Media, “ Media, X Corp, Court, Northern, Northern District of, “, Whites, Disney, Paramount, Warner Bros, Northern District of Texas, University of Texas, Boston University, YouTube, of Columbia Locations: Northern District, Northern District of Texas, Texas, Los Angeles, California

☆ ‘Pizzagate’: Elon Musk is now boosting the years-old conspiracy theory
▼ + stars: | 2023-11-20 | by ( Clare Duffy | ) edition.cnn.com time to read: +3 min

New York CNN —Elon Musk on Monday boosted the dangerous, years-old “Pizzagate” conspiracy theory in a post on X, the platform formerly known as Twitter, just days after being roundly criticized and facing an advertiser exodus following his embrace of an antisemitic conspiracy theory. Musk last week faced backlash from the White House and others for engaging with an antisemitic conspiracy theory. Musk’s company has also claimed that Media Matters’ report was misleading and that it has taken steps to combat antisemitism and discrimination on the platform. X on Monday sued Media Matters, accusing it of distorting how likely it is for ads to appear beside extremist content on X. However, X has not removed the pro-Nazi accounts mentioned in Media Matters’ report, instead saying that their posts had little engagement and that they would no longer be eligible for monetization.

Persons: New York CNN — Elon Musk, Musk, Hillary Clinton, Clinton, ” Edgar Maddison Welch’s, Welch, It’s, ” Musk, Paul Pelosi, Nancy Pelosi, ”, Andrew Bates Organizations: New, New York CNN, Twitter, Media, Whites, White, CNN, Disney, Paramount, IBM, Monday, monetization Locations: New York, Washington

☆ Catch up on the OpenAI’s wild 60 hours… in 60 seconds
▼ + stars: | 2023-11-20 | by ( Clare Duffy | ) edition.cnn.com time to read: +5 min

ET, OpenAI publicly announced that it had fired Altman over concerns that he was not always truthful with the board. OpenAI’s strategic partners, including investor Microsoft, were also reportedly informed of Altman’s ouster minutes before the board’s announcement. Microsoft CEO Satya Nadella reportedly mediated the discussion. Hundreds of employees on Monday morning signed an open letter calling on the company’s board to resign and reinstate Altman and Brockman. The Verge reported Monday afternoon that Altman and Brockman could still return to OpenAI if the board members who fired him resign.

Persons: Sam Altman —, he’d, OpenAI, Altman, Ilya Sutskever, Greg Brockman, Mira Murati, Altman’s, “, what’s, ” Brockman, Kara Swisher, Joel Saget, Satya Nadella, Nadella, Brockman, Emmett Shear, Murati, openai, ” Altman Organizations: New, New York CNN, Microsoft, Google, Getty, OpenAI Locations: New York, AFP, OpenAI

☆ Ad execs encourage X CEO Linda Yaccarino to quit after Elon Musk’s antisemitic embrace
▼ + stars: | 2023-11-20 | by ( Clare Duffy | Oliver Darcy | ) edition.cnn.com time to read: +3 min

Hundreds of major brands paused their ad spend after Musk’s acquisition over concerns about content moderation and the platform’s future under the eccentric billionaire. But at least a half dozen major advertisers, including media giants Disney, Paramount and NBCUniversal, halted their spending on X on Friday. IBM also suspended advertising on the platform after its ad appeared alongside pro-Nazi content. The decisions to drop the platform followed criticism of Musk over his public embrace of an antisemitic conspiracy theory favored by White supremacists. “No critic will ever deter us from our mission to protect free speech,” Yaccarino said in the Sunday letter.

Persons: Linda Yaccarino, Elon, Lou Paskalis, “, ” Paskalis, ”, Musk, White supremacists, Elon Musk, she’s, ‘, ” Yaccarino, I’m, Yaccarino, it’s Organizations: New, New York CNN, X, AJL, CNN, Disney, Paramount, IBM, Media, monetization Locations: New York

☆ DeSantis refuses to condemn Elon Musk for endorsing antisemitic conspiracy theory
▼ + stars: | 2023-11-19 | by ( Alison Main | ) edition.cnn.com time to read: +3 min

CNN —Republican presidential candidate Ron DeSantis on Sunday refused to directly condemn Elon Musk for publicly endorsing an antisemitic conspiracy theory popular among White supremacists. The X post, which Tapper showed DeSantis, said: “Jewish communties (sic) have been pushing the exact kind of dialectical hatred against whites that they claim to want people to stop using against them.” The post also referenced “hordes of minorities” flooding Western countries, a popular antisemitic conspiracy theory. The Council on American-Islamic Relations has also seen an uptick in reports following the attack, but it did not have numbers to release. Pressed by Tapper again on Musk’s tweet, DeSantis maintained: “I have no idea what the context is.”“I know Elon Musk, I’ve never seen him do anything. CNN’s Jack Forrest, David Goldman, Avery Lotz, Jack Forrest, Brian Fung, Clare Duffy and Samantha Delouya contributed to this report.

Persons: Ron DeSantis, Elon Musk, White, CNN’s Jake Tapper, Musk, Tapper, DeSantis, Robert Bowers, ”, I’ve, Jamie Raskin, “, CNN’s Jack Forrest, David Goldman, Avery Lotz, Jack Forrest, Brian Fung, Clare Duffy, Samantha Delouya Organizations: CNN, Republican, Sunday, Defamation League, Islamic Relations, Twitter, Disney, Paramount, Comcast, Lionsgate, Warner Bros, Democratic Locations: Florida, Pittsburgh, Israel, America

☆ Homebuilder stocks could get another boost from rate hikes ending
▼ + stars: | 2023-11-17 | by ( Krystal Hur | ) edition.cnn.com time to read: +7 min

New York CNN —For over a year, the red-hot housing market has been at the mercy of the Federal Reserve’s rate hikes, which have driven mortgage rates to sky-high levels. Mortgage rates have hovered above 7% since August, according to Freddie Mac data. Both those factors have helped create a scorching-hot housing market and a boom in homebuilder stocks, as Americans turned to building as a buying alternative. Moderating bond yields could change the narrative for the housing market. Tight supply and elevated mortgage rates this year made home purchases the least affordable they’ve been since 1984.

Persons: Bell, Freddie Mac, Toll, DR Horton, Lennar, Price, Steve Sosnick, ”, John Petrofsky, Chris Isidore, Danielle Wiener, Bronner, haven’t, Clare Duffy, Donie, Meta Organizations: CNN Business, Bell, New, New York CNN, Homeowners, DR, Federal, Treasury, Interactive, National Association of Home Builders, FBB Capital Partners, Starbucks, United Auto Workers, SAG, Writers Guild of America, Starbucks Workers United, Facebook, Street, Washington Post Locations: New York, Wells Fargo, Buffalo , New York, United States, Brazil, Israel, Italy

☆ Sam Altman, CEO of ChatGPT parent company Open AI, is out after board found he was ‘not consistently candid’
▼ + stars: | 2023-11-17 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +6 min

CNN —OpenAI, the company behind the viral chatbot ChatGPT, fired its CEO and founder, Sam Altman, on Friday. The company, in a statement, said an internal investigation found that Altman was not always truthful with the board. ChatGPT launched late last year, making Altman an overnight quasi-celebrity and the face of a new crop of AI tools that can generate images and texts in response to simple user prompts. Google has a rival called “Bard,” and other generative AI tools have been developed in recent months. “I am sure the OpenAI board took this decision after a lot of deliberation,” he said.

Persons: CNN — OpenAI, Sam Altman, shockwaves, Altman, Mr, ” OpenAI, Mira Murati, “, ”, what’s, ChatGPT, “ Bard, Kamala Harris, Joe Biden, OpenAI, Elon Musk, Arun Chandrasekaran, he’s, Murati, Mira, Eric Schmidt, ” Schmidt, ” Reece Hayden, ” Hayden, CNN’s Clare Duffy Organizations: CNN, Fortune, Microsoft, Google, “, White House, Gartner Research, Dartmouth, OpenAI, Tesla, ABI Research Locations: openai, San Francisco, Albania

CNN —A growing list of companies said they have suspended advertising on X, the platform formerly known as Twitter. Disney and Warner Bros.’ advertising pauses follow similar moves by Lionsgate and IBM. The iPhone maker also pulled its advertising from the social media platform, according to multiple news outlets, including Axios, which first reported Apple’s withdrawal. Full stop.”An analysis by the watchdog group Media Matters found this week that in addition to IBM, ads by Apple, Comcast, NBC and Oracle had appeared alongside similar content. In August, two other brands, NCTA — the Internet and Television Association — and Gilead Sciences paused their spending on X after their ads were also run alongside pro-Nazi content.

Persons: Elon Musk, White, Linda Yaccarino, X Organizations: CNN, Twitter, Disney, Warner Bros, Lionsgate, IBM, Bloomberg, Apple, Media, Comcast, NBC, Oracle, NBCU, Thursday’s Media, and Television Association, Gilead Sciences

☆ Online hate watchdog moves to dismiss lawsuit from Elon Musk’s X
▼ + stars: | 2023-11-16 | by ( Clare Duffy | ) edition.cnn.com time to read: +5 min

New York CNN —Nonprofit online watchdog the Center for Countering Digital Hate on Thursday hit back at Elon Musk’s X in a motion to dismiss the social media company’s August lawsuit. CCDH claims that X’s lawsuit is “riddled with legal deficiencies” and attempts to punish the nonprofit for its First Amendment protected speech, according to its Thursday filing in the Northern District Court of California. X and a lawyer representing the company did not immediately respond to a request for comment on CCDH’s Thursday filing. In its complaint against CCDH, X alleges it has lost “at least tens of millions of dollars” in advertising revenue. “Instead, X Corp. has ginned up baseless claims purporting to take issue with how the CCDH Defendants gathered data that formed the basis for their research.”

Persons: CCDH, Musk, —, “, ” Musk, X, ”, Imran Ahmed, ” “, ” Ahmed, Elon, California’s Organizations: New, New York CNN, Nonprofit, Elon Musk’s, X Corp, Twitter, Court, “, Defamation League, Whites, CNN Locations: New York, Northern, California, Israel

☆ IBM to pause ad spending on X after its ads ran on pro-Nazi accounts
▼ + stars: | 2023-11-16 | by ( Liam Reilly | Clare Duffy | ) edition.cnn.com time to read: +4 min

New York CNN —IBM on Thursday announced it had suspended advertising on Elon Musk’s X, the platform formerly known as Twitter, after an ad for the computing giant appeared alongside pro-Nazi content. The accounts remained active on X Thursday afternoon, hours after the report was published. No brands had specifically targeted the pro-Nazi accounts identified in Thursday’s report for their advertisements, nor did the company intentionally place their ads there, the spokesperson said. Full stop.”IBM is not the first company to part ways with X after its ad appeared next to hateful content. Musk’s X has also come under fire for reinstating the accounts of users who were previously banned on the social media platform, including far-right and neo-Nazi figures.

Persons: Elon Musk’s, ”, NBCUniversal’s Bravo, Adolf Hitler, Linda Yaccarino, NCTA, Yaccarino, Musk, Jonathan Greenblatt, ” Greenblatt, Musk’s, –, Brian Fung Organizations: New, New York CNN, IBM, Elon, Media, IBM —, Apple, Oracle, Comcast, NBCU, CNN, and Television Association, Gilead Sciences, Adobe, Adobe , New York University Langone Hospital, University of Maryland’s, Whites, Defamation League Locations: New York, Nazi, Adobe ,, America

☆ Meta is now allowing lies about the 2020 election in political ads
▼ + stars: | 2023-11-15 | by ( Clare Duffy | ) edition.cnn.com time to read: +4 min

The policy means that Meta, the parent company of Facebook and Instagram, will be able to directly profit from political ads that boost false claims about the legitimacy of the 2020 election. The 2020 election was not rigged or stolen. Dozens of lawsuits attempting to challenge the 2020 presidential election results were dismissed at the state and federal levels in states across the country following a push to overturn the outcome that began in November 2020. But more recently, social platforms have shifted in how they handle election advertisements and misinformation related to the 2020 election. It also said it would prohibit political advertisers from using the company’s new, artificial intelligence tools that help brands generate text, backgrounds and other marketing content.

Persons: Meta, Donald Trump, X, Michael Aciman, –, Brian Fung Organizations: New, New York CNN, Facebook, Street, Washington Post, Meta, YouTube, Twitter Locations: New York, United States, Brazil, Israel, Italy, YouTube’s

☆ YouTube to roll out labels for ‘realistic’ AI-generated content
▼ + stars: | 2023-11-14 | by ( Clare Duffy | ) edition.cnn.com time to read: +4 min

New York CNN —YouTube will soon require disclosures on videos that contain content generated by artificial intelligence and could mislead viewers. YouTube is just the latest platform to introduce rules meant to make AI-generated content more transparent. TikTok added a new label for AI-generated content earlier this year and said users must disclose when content depicting “realistic scenes” is created or edited with AI. YouTube introduced, for example, a feature that lets creators add AI-generated video or image backgrounds to vertical videos and tools to help creators draft outlines for videos. The platform also noted that synthetic or AI-generated content that violates its community guidelines will be subject to the same restrictions or removals as other videos.

Persons: Product Management Jennifer Flannery O’Connor, Emily Moxley, ” Flannery O’Connor, Moxley Organizations: New, New York CNN, YouTube, Google, Product Management, Facebook, Creators, YouTube’s Locations: New York, United States

☆ Investors see opportunities in these beaten-down areas of the stock market
▼ + stars: | 2023-11-10 | by ( Krystal Hur | ) edition.cnn.com time to read: +6 min

New York CNN —Cash is king right now, but investors aren’t casting stocks away completely. Yields jumped on Thursday, after Fed Chair Jerome Powell said in a speech that he’s unsure whether the central bank has adequately tightened monetary policy. Ham says he sees opportunities in dividend growth stocks, whose declines this year mean they’re priced at attractive levels. Investors also shouldn’t overlook small-cap stocks, says Matt Stucky, chief portfolio manager of equities at Northwestern Mutual Wealth Management Company. However, investors are bullish about another pause in rate hikes next month, according to fed funds rate futures.

Persons: Cash, That’s, Jerome Powell, ”, Emerson Ham III, Ham, Dave Sekera, he’s, They’re, hasn’t, Matt Stucky, Stucky, It’s, “, ” Powell, Bryan Mena, Powell, Trevor, Elon Musk, Clare Duffy, Musk, Read Organizations: CNN Business, Bell, New York CNN, Federal Reserve, Investment Company Institute, Treasury, Advisors, Big Tech, Morningstar Research Services, Utilities, Northwestern Mutual Wealth Management Company, International Monetary Fund, Economic, of New, LinkedIn, Facebook, Center, Anti, Defamation League, ADL Locations: New York, Washington ,, of New York

☆ A top LGBTQ+ advocacy org is quitting X over safety concerns
▼ + stars: | 2023-11-09 | by ( Clare Duffy | ) edition.cnn.com time to read: +4 min

Fellow civil rights organization the Human Rights Campaign in June declared a “state of emergency” for members of the LGBTQ+ community. “We have seen this rhetoric transcend politics and appear on social media platforms,” a representative for the Trevor Project told CNN. “The content we share on social media is intended to uplift and affirm LGBTQ young people, shedding light on stories to deepen the public understanding of their experiences. The company has also been attempting to convince many advertisers to resume or increase their spending on the platform despite concerns that ads could show up alongside hateful content or misinformation. CNN has reached out to X about the Trevor Project deleting its account.

Persons: Trevor, ”, Elon Musk, “, ” Musk, —, Musk, we’ve, Jack Dorsey, Linda Yaccarino Organizations: New, New York CNN, LinkedIn, Facebook, Center, Anti, Defamation League, ADL, Human, Trevor Project, CNN, Twitter Locations: New York, United States

☆ Elon Musk laid him off. Now he’s aiming to build a social network that’s better than X
▼ + stars: | 2023-11-07 | by ( Clare Duffy | ) edition.cnn.com time to read: +17 min

They wanted it to be everything most social media struggles to be: positive, safe and inclusive. And as the user base of the platform now known as X splinters, so does Black Twitter, the community of Black users that was a big part of Twitter’s growth and culture. Legacy social media platforms have repeatedly failed to anticipate how their products might be manipulated or misused until something goes wrong. Alphonzo Terrell, co-founder of the social media app Spill, demonstrates how the platform works during an interview with CNN. CNNEven with AI content moderation models, other social media companies often fail to catch harmful content that makes it onto their platforms.

Persons: Alphonzo Terrell, he’d, Terrell – who’d, –, Elon Musk, Terrell, DeVaris Brown, “, ‘, ’ ” Terrell, who’s, Brown, Musk, ”, Maya Umemoto Gorman, …, ” Terrell, Brown —, Kenya Parham, weren’t, Elon, Maya Iman ‘, they’ve, “ That’s, Alphonzo Terrell “, Paul Barrett, they’d, it’s, — don’t, Jalaiah Harmon, Taylor Lorenz, Latoya Lee, ” Lee Organizations: New, New York CNN, Twitter, Elon, CNN, Spill, Washington Post, HBO, Showtime, YouTube, Intel, Cisco, Microsoft, NYU Stern Center for Business, Human, Apple, Kapor Center, Social, Mac Venture, Netflix, Disney, Amazon Prime, VH1, Pew Research Center, New York Times, California State University Fullerton Locations: New York, Los Angeles, Kenya, Spill, Georgia

☆ Bumble founder Whitney Wolfe Herd steps down as CEO. She’ll be replaced by Slack’s leader
▼ + stars: | 2023-11-06 | by ( Clare Duffy | ) edition.cnn.com time to read: +4 min

New York CNN —Bumble founder Whitney Wolfe Herd is stepping down as chief executive after nearly a decade running the dating app company. Wolfe Herd will remain at Bumble as executive chair. Wolfe Herd started her career at rival dating service Tinder, which she co-founded. Today, Bumble is the parent company of four apps — Bumble, Official, Badoo and Fruitz — and the Bumble app has expanded to include features to help people find friends and professional connections. When Bumble made its initial public offering in 2021, Wolfe Herd, then 31, became one of the world’s youngest self-made female billionaires.

Persons: Bumble, Whitney Wolfe, Wolfe, Lidiane Jones, Slack, ” Wolfe Herd, Jones, Wolfe Herd, Andrey Andreev, Andreev, —, Salesforce, Sonos, ” Jones Organizations: New, New York CNN, Wall Street, Group, Microsoft, Bumble Locations: New York

☆ YouTube to stop repeatedly recommending certain types of content to teen users
▼ + stars: | 2023-11-02 | by ( Clare Duffy | ) edition.cnn.com time to read: +3 min

New York CNN —YouTube is implementing new safeguards that could help prevent the platform from sending teen users down potentially harmful content rabbit holes. The platform plans to limit repeated content recommendations for videos on certain topics, including content that idealizes certain body weights, James Beser, director of product management for YouTube Kids and Youth, said in a blog post Thursday. In 2021, lawmakers called out Instagram and YouTube for promoting accounts featuring content depicting extreme weight loss and dieting to young users. Earlier this year, YouTube rolled out changes to its policies on eating disorder content, adding prohibitions on certain types of videos on the topic and limiting others to be viewable by only adult users. The reminders will be set to pop up every hour as a default for teen users, although parents can update their frequency.

Persons: James Beser, ” Beser, ” Allison Briscoe, Smith, “, YouTube’s, ” Organizations: New, New York CNN, YouTube, Families Locations: New York, United States

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