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☆ JetBlue is painting its planes blue. Is that a good idea?
▼ + stars: | 2023-06-15 | by ( Dennis Green | ) www.businessinsider.com time to read: +5 min

JetBlue announced on Wednesday it's going to paint its planes blue. JetBlue's current white livery, for comparison's sake with the new blue one. JetBlue will be prominent on a plane's underside in the new livery. "The refreshed livery design was extensively reviewed and researched across the organization to ensure we will maintain our standard of great service. Southwest Airlines' paint scheme is the most similar to JetBlue's new one, with a blue fuselage and the airline's name in a large white typeface.

Persons: Jayne O'Brien, Lukas Wunderlich, John Hansman, It's, Hansman, it's, Kamil Krazaczynski Organizations: JetBlue, MIT Aeronautics, Astronautics, Getty, Spirit Airlines, Southwest Airlines, Sun, Frontier Locations: Delta, United, Alaska

☆ Lionel Messi is already impacting US soccer
▼ + stars: | 2023-06-14 | by ( Matias Grez | ) edition.cnn.com time to read: +7 min

CNN —Lionel Messi’s move to Inter Miami is yet to be finalized, but already his impact on Major League Soccer is being felt. “For those people who want to be able to say: ‘I was there at Lionel Messi’s first MLS game,’ demand will exceed supply. Before Messi, Pelé was arguably the most famous face to play soccer in the US. Inter Miami fans have had very little to cheer this season, sitting bottom of the Eastern Conference. CNN has reached out to Major League Soccer, Inter Miami, Messi’s representative, Apple and David Beckham, who is part of Inter Miami’s ownership team, to confirm the financial details.

Persons: Lionel Messi’s, David Beckham, Zlatan Ibrahimovic, Wayne Rooney, Messi, Jim Curtin, “, Messi’s, Kieran Maguire, The Price, ” Maguire, He’s, Cruz Azul, –, TickPick, StubHub, Pelé, George Tiedemann, Lionel Messi, Beckham, Maguire, ”, we’ve, Michael Reaves, Eddy, “ He’s, it’s Messi Organizations: CNN, Inter Miami, Major League Soccer, Philadelphia Union, ” Inter Miami, Football, University of Liverpool Management School, CNN Sport, Premier League, Arsenal, MLS, Inter Miami’s Leagues, Cruz, New York Red Bulls, Big Apple, Inter, Los Angeles FC, Eastern Conference, NFL, MLB, NHL, New York Cosmos, North American Soccer League, Argentine, Los Angeles Galaxy, NBA, ”, Miami, Apple TV’s, Apple, Leagues Cup Locations: Manchester City, Los, Miami, United States, USA, Canada, Mexico, States, Saudi, Saudi Arabia

☆ Oracle hits record after 50% surge in 2023, defying tech struggles
▼ + stars: | 2023-06-14 | by ( Jordan Novet | ) www.cnbc.com time to read: +7 min

Larry Ellison, Oracle's chairman and technology chief, speaks at the Oracle OpenWorld conference in San Francisco on September 16, 2019. For years, the database software developer lagged behind tech rivals in building cloud technology that met the demands of the modern-day enterprise. The shares are up over 50% in 2023, which would mark the best year for shareholders since the dot-com boom of 1999. Oracle got its latest boost this week after reporting stronger-than-expected earnings and revenue, prompting nods of approval from analysts. On Oracle's earnings call this week, CEO Safra Catz took a minute to express gratitude to the company's customers and employees.

Persons: Larry Ellison, Justin Sullivan, Larry Ellison's, Goldman Sachs, Ellison, Bill Gates, Let's, it's, Eric Lynch, Scharf, Salesforce, Kash Rangan, Oracle, Lynch, Safra Catz, Catz, Jefferies, Brent Thill Organizations: Oracle, Getty, Nvidia, Bloomberg, Microsoft, Scharf Investments, Google, Goldman, Amazon Web Services, Monday, Exxon Mobil, Pfizer Locations: San Francisco, TikTok, Cohere, IaaS, NetSuite, Los Gatos , California, Silicon Valley, A.I

☆ Fanatics holds second investor day as the company moves toward IPO
▼ + stars: | 2023-06-13 | by ( Jessica Golden | ) www.cnbc.com time to read: +2 min

Portrait for a profile on Fanatics founder & CEO Michael Rubin at his office in downtown NYC. Fanatics held its second investor day in nearly a year as the company quietly moves closer to an initial public offering, a source familiar with the matter tells CNBC. Investors were also treated to a surprise visit by football great Tom Brady, an investor in the company. Last November, Rubin gathered sell-side analysts for a meet-and-greet and to talk about his growth plans for the company. And in April, the company announced it was hiring Deborah Crawford from Meta to lead investor relations, a new position at the company.

Persons: Michael Rubin, Goldman Sachs, Tom Brady, Brady, Rubin, Deborah Crawford, Ness Organizations: CNBC, Barclays, NBA Players Association, Philadelphia 76ers, New Jersey Devils, NFL, NHL, NBA, MLB, Topps, CNBC Disruptor Locations: York, NY, NYC, New York, Florida, Meta, U.S

☆ Saudi Arabia is now stealing sporting headlines as prince pursues global ambitions
▼ + stars: | 2023-06-12 | by ( Nic Robertson | ) edition.cnn.com time to read: +9 min

CNN —Saudi Arabia has been in the headlines a lot lately – this time for trying to find its place in the sporting world. The kingdom’s golfing coup is perhaps the crowning sporting achievement so far of heir apparent Crown Prince Mohammed Bin Salman (MBS). Regional outlierBy the time King Salman came along, the 21st century was passing Saudi Arabia by. Saudi Arabia has led efforts to bring Syria in from the cold and tried to mediate in conflicts such as those in Sudan and even Ukraine. On oil, he has made Saudi Arabia a bolder player.

Persons: LIV Golf, Cristiano Ronaldo, Ballon d’Or, Karim Benzema, Jamal Khashoggi, Prince Mohammed Bin Salman, King Salman’s, King Salman, LIV, Liberalizations, Al Hathloul, can’t, Xi Jinping, Vladimir Putin, Bashar al, Assad, Yemen’s, Putin, Xi Organizations: CNN, golf’s, Dubai, Saudi Pro League, France, Washington Post, Formula, MBS, Ritz, Saudi, Washington Locations: Saudi Arabia, Saudi, Portuguese, Istanbul, Riyadh, Mecca, Dubai, Moscow, Beijing, Ukraine, Syria, Sudan, Turkey, Syrian, Iran, Asia, Iraq, Afghanistan, Israel, Jeddah

☆ The recycling idea at Levi's, Adidas, Zara to stop trillions in fast fashion from going to waste
▼ + stars: | 2023-06-11 | by ( Carolyn Chun | ) www.cnbc.com time to read: +8 min

The multi-trillion dollar fashion industry contributes significant greenhouse gas emissions, between 8% to 10% of total global emissions, according to the United Nations. With the majority of textiles in the fashion industry blended, it is harder to recycle one fiber without harming another. Spinnova partnered with the world's largest pulp and paper company this year, Suzano, to turn wood and waste into recycled textile fiber. Textile waste, by some measures, is a bigger issue than plastics waste, and it has a similar problem. Late last year it worked on a limited collection with fast fashion clothing giant — and consumer consumption flashpoint — Zara, using its recycled textile waste material.

Persons: LEVI, Alexander Donka, Paul Dillinger, Levi Strauss, Spinnova, Chloe Songer, Songer, Victor J, Levi's Levi Strauss, Dillinger, You've, we're, —, Stacy Flynn, Flynn, Levi's, Stella McCartney, — Zara Organizations: McKinsey, United Nations, McKinsey Sustainability, Co, Shoppers, Blue, Bloomberg, Getty, Adidas, CNBC Locations: Sweden, Africa, Zara, New York

☆ Nvidia invests in Google-linked generative A.I. startup Cohere
▼ + stars: | 2023-06-08 | by ( Natalie Rose Goldberg | ) www.cnbc.com time to read: +4 min

Cohere, an enterprise-focused generative artificial intelligence startup, has raised $270 million in a Series C round of venture capital which includes AI giant Nvidia as an investor. In the new Cohere round, Oracle and Salesforce were also investors. Cohere is one of the companies that the new Salesforce Ventures generative AI fund is investing in. "We want to build that toolkit that's accessible to any dev," co-founder and CEO Aidan Gomez told CNBC in June 2022. Nvidia founder and CEO Jensen Huang expressed confidence in Cohere, saying in a press release announcing the funding, "The team at Cohere has made foundational contributions to generative AI.

Persons: OpenAI, Cohere, Aidan Gomez, Gomez, Nick Frosst, Jensen Huang, DTCP Organizations: Nvidia, Oracle, Microsoft, CNBC, Google, Google Research, Inovia Capital, Schroders, Thomvest Ventures, Ventures Locations: CoreWeave, Cohere

☆ Tesla's Cybertruck is finally coming. It's going to rattle rivals and transform the EV market as we know it.
▼ + stars: | 2023-05-21 | by ( Nora Naughton | ) www.businessinsider.com time to read: +5 min

The futuristic-looking truck is going to redefine what a pickup truck can look like. Tesla’s entry to the pickup truck market could be exactly what the segment needs. Tesla is finally ready to enter the most lucrative vehicle segment in the US: pickup trucks. The Cybertruck's arrival is expected to shake up the electric pickup truck market – and the entire stalwart truck market – with its arresting design and high-tech features. "This is going to be Tesla's take on the pickup truck, which is enough on its own, and competitors should be very wary of that."

☆ Wiz ranks as No. 5 on Disruptor 50 list with a start as a $10 billion startup
▼ + stars: | 2023-05-17 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWiz ranks as No. 5 on Disruptor 50 list with a start as a $10 billion startupAssaf Rappaport, Wiz CEO, one of the companies on this year’s annual Disruptor 50 list, joins 'Squawk on the Street' to discuss the state of cybersecurity.

☆ Brex Co-CEO Henrique Dubugras: It's easier to get new customers now than before the banking crisis
▼ + stars: | 2023-05-11 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBrex Co-CEO Henrique Dubugras: It's easier to get new customers now than before the banking crisisBrex Co-CEO Henrique Dubugras joins CNBC's Julia Boorstin and 'Fast Money' to discuss his Disruptor 50 company that is shaking up the fintech landscape.

☆ EV big rigs already make sense for half of the $4 trillion freight truck market, says Einride CEO
▼ + stars: | 2023-05-11 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +4 min

Swedish EV trucking startup Einride has been able to so far go toe-to-toe with Tesla and its Semi in attracting top corporate clients. "In the $4 trillion freight mobility space, between 40%-50% should be electric driven by the business case today," Falck said on CNBC's "Worldwide Exchange" in an interview on Thursday after his company ranked No. "In the near-term, of course, the business case for diesel becomes slightly better," Falck said in the April interview. In freight, unlike the consumer market, "it's not about range, it's about how to secure the business case," he said. Swedish electric vehicle maker Einride will supply two of its heavy-duty trucks to PepsiCo as part of an expansion into the U.K. Einride

May 10 (Reuters) - Alphabet Inc's (GOOGL.O) Google on Wednesday began unveiling more artificial intelligence in its products to answer the latest competition from Microsoft Corp (MSFT.O), which has threatened its perch atop the nearly $300 billion search advertising market. He said Google is integrating generative AI into search. For years the top portal to the internet, Google has found its position in question since rivals began exploiting generative AI as an alternative way to present content from the web. That has represented a technological affront and a business one: Microsoft said every percentage point of share it gained in search advertising could draw another $2 billion in revenue. Pichai said earlier this year that generative AI to distill complex queries would come to Google Search, as would more perspectives, "like blogs from people who play both piano and guitar."

☆ Early MIT research shows 'Industrial Revolution-level large' leap for workers using ChatGPT, generative AI
▼ + stars: | 2023-05-10 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +2 min

He did say the time-saving component of the tech is among the things that struck him. I mean, the amount of time it could save you, if you were doing all kinds of things, is unbelievable," Buffett said. OpenAI CEO Sam Altman told CNBC's Julia Boorstin in an interview after being named the No. 1 company on the 2023 CNBC Disruptor list this year that the legal profession is a good example. "That is a pattern we're seeing again and again in many industries, and I'm super excited about it," Altman said.

May 10 (Reuters) - Alphabet Inc's (GOOGL.O) Google on Wednesday is expected to unveil more artificial intelligence in its products to answer the latest competition from Microsoft Corp (MSFT.O), which has threatened its perch atop the nearly $300-billion search advertising market. For years the top portal to the internet, Google has found its position in question since rivals began exploiting generative AI as an alternative way to present content from the web. That has represented a technological affront and a business one: Microsoft said every percentage point of share it gained in search advertising could draw another $2 billion in revenue. Sundar Pichai, Alphabet's chief executive, this year said generative AI to distill complex queries would come to Google Search, as would more perspectives, "like blogs from people who play both piano and guitar." At Wednesday's conference, it is expected to announce a more powerful AI model known as PaLM 2, CNBC reported.

☆ Drone maker Zipline, on track for 1 million deliveries, adds vitamins, pizzas and prescriptions to cargo
▼ + stars: | 2023-05-10 | by ( Carolyn Chun | ) www.cnbc.com time to read: +2 min

watch nowDrone technology company Zipline, which rose to prominence flying critical medical supplies like blood bags and vaccines over rugged terrain in Rwanda, has seen the commercial side of its business boom. Deals with Walmart, and a new drone design, are making Zipline a bigger player in the world of retail and home delivery, and not only in hard-to-reach places. On Wednesday, the company announced new delivery deals in the U.S., with nutritional supplement and wellness retail company GNC for Salt Lake City, and Seattle-area pizza chain Pagliacci Pizza for the greater Seattle metro area. Pagliacci and Zipline have created a new custom-designed pizza box to fit two 13" pizzas and side dishes in Zipline drones. Rinaudo Cliffton said that Zipline has already delivered in urban cities across the U.S. where people don't expect this technology to start.

☆ Zipline ranks at No. 25 in the eleventh annual Disruptor 50 list
▼ + stars: | 2023-05-10 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailZipline ranks at No. 25 in the eleventh annual Disruptor 50 listKeller Rinaudo Cliffton, Zipline CEO, one of the companies on this year's annual Disruptor 50 list, joins 'Power Lunch' to discuss drone delivery across the U.S.

☆ Disruptor 50: SoLo Funds model of community finance
▼ + stars: | 2023-05-10 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDisruptor 50: SoLo Funds model of community financeTravis Holoway, co-founder and CEO of SoLo Funds, discusses how the fintech platform has grown since its founding in 2018, and aims to serve economically-disadvantaged communities worldwide.

☆ Use of small-dollar loans is up as inflation, credit crunch stretch wallets
▼ + stars: | 2023-05-10 | by ( Ian Thomas | ) www.cnbc.com time to read: +1 min

While the inflation trend took a welcome turn in the latest data, many shoppers are still dealing with historically high prices and sticker shock across the economy. The consumer price index, a key barometer of inflation, increased 4.9% in April compared to last year, marking the smallest annual reading in two years, according to the U.S. Bureau of Labor Statistics. Those challenges are leading many consumers to turn to alternative ways to access needed capital, especially consumers that historically have been underserved by the traditional banking system. Helping this underserved consumer segment was the impetus of SoLo Funds, which ranked No. The fintech firm acts as a peer-to-peer lending platform, letting would-be borrowers create a loan request and the terms, and put it on a marketplace where other individuals can fund those loans directly.

☆ The 2023 CNBC Disruptor 50: How we chose the companies
▼ + stars: | 2023-05-09 | by ( David Spiegel | ) www.cnbc.com time to read: +5 min

The last Disruptor 50 company to go public was Gojek, which debuted on the Indonesia Stock Exchange more than a year ago. The last Disruptor 50 IPO in the U.S. market, Nubank , happened on December 9, 2021. Here's how we chose them:All private, independently owned startup companies founded after Jan. 1, 2008, were eligible to be nominated for the Disruptor 50 list. The 2023 list also features the first founder to have two companies make the Disruptor 50 (Rodney Williams of SoLo Funds). Imagine what that number could have been a year or two ago …Special thanks to the 2023 CNBC Disruptor 50 Advisory Council, who again offered us their time and insights.

☆ Monarch Tractor ranks as No. 49 on Disruptor 50 List with investment in climate tech
▼ + stars: | 2023-05-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMonarch Tractor ranks as No. 49 on Disruptor 50 List with investment in climate techCNBC's Julia Boorstin reports on this year's annual Disruptor 50 list, which highlights the 50 top companies disrupting markets.

☆ OpenAI ranks as No. 1 on Disruptor 50 list with $30 billion valuation and 200 million users
▼ + stars: | 2023-05-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOpenAI ranks as No. 1 on Disruptor 50 list with $30 billion valuation and 200 million usersCNBC's Julia Boorstin reports on this year's annual Disruptor 50 list, which highlights the 50 top companies disrupting markets.

☆ Climeworks: 2023 CNBC Disruptor 50
▼ + stars: | 2023-05-09 | by ( Cnbc.Com Staff | ) www.cnbc.com time to read: +1 min

The company created a demo prototype in 2012 and launched its first direct carbon capture plant in Iceland two years later. The company partners with CarbFix, which dissolves the captured carbon dioxide in water, then combines the mixture with basalt rock formations. The carbon dioxide converts into solid carbonate minerals in about two years. Climeworks also sells some of the carbon dioxide for use in sparkling water or soft drinks. Climeworks started providing certified carbon removal services to Microsoft, Spotify and Stripe earlier this year for an undisclosed price.

☆ BlocPower: 2023 CNBC Disruptor 50
▼ + stars: | 2023-05-09 | by ( Cnbc.Com Staff | ) www.cnbc.com time to read: +1 min

Brooklyn-based cleantech company BlocPower is squarely positioned with a mission to fight climate change while solving social injustices, focusing on renewable energy, reduction of carbon pollution, and urban redevelopment in lower-income areas. BlocPower was founded in 2014 by Donnel Baird, the child of Guyanese immigrants, who drew on his experience growing up in the Bedford-Stuyvesant area of Brooklyn in an apartment without well-functioning heating and cooling systems. This retrofitting of older buildings can lead to major energy savings, 30% to 50%, and a reduction of at least 40% in greenhouse gas emissions, BlocPower says. In Buffalo, BlocPower inked a contract with utility National Fuel Gas Company to upgrade hybrid heating and cooling systems in 34 low-to-middle income residential and commercial buildings. It also sealed a deal with Fujitsu General America to bring a better-functioning automatic heating and cooling unit to the U.S.

☆ OpenAI: 2023 CNBC Disruptor 50
▼ + stars: | 2023-05-09 | by ( Cnbc.Com Staff | ) www.cnbc.com time to read: +1 min

Since launching ChatGPT in November, OpenAI has quickly become a household name. Microsoft came into the picture in 2019 with a $1 billion investment. The tech giant followed up with a multi-billion-dollar investment in 2023, with some reports putting the figure as high as $10 billion. Today, OpenAI is reportedly valued at $29 billion, though the company has not shared total funding or valuation data. Microsoft has been integrating the technology into Bing, its search engine, as well as its Microsoft 365 bundle and Dynamics 365 sales and marketing tools.

☆ Zipline: 2023 CNBC Disruptor 50
▼ + stars: | 2023-05-09 | by ( Cnbc.Com Staff | ) www.cnbc.com time to read: +3 min

But with the release of its latest drone, Zipline is spreading its unmanned wings far beyond medicine. Zipline also has relationships with medical providers in the country, and in recent years has conducted long-range medical drone flights in challenging geographies including the Appalachian regions of North Carolina. In 2022, Zipline became the first company to receive FAA Part 135 approval for long-range drone delivery in the U.S., a huge step towards greater domestic expansion. From lunch deliveries with Sweetgreen to health prescriptions from Walmart, Zipline can maneuver peak order times by creating its Zips in a way that automatically redistributes the drones from dock to dock for loading and launching. Zipline has already completed 540,000 deliveries to customers, which is more than what Alphabet and Amazon have delivered combined.

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