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Sitting atop its stainless steel Super Heavy booster, Starship stood taller than the Statue of Liberty at the company's new orbital launchpad in South Texas. As the booster fell back to Earth, Starship continued to climb toward the heavens, then shut off its engines to glide through space. Once fully operational, Starship will be able to carry up to 150 metric tonnes (165 US tons) to space, per SpaceX. Illustration of SpaceX Starship human lander design that will carry NASA astronauts to the Moon's surface during the Artemis mission. NASA's new moon rocket, SLS, could send 46 tons into orbits beyond the moon.

Persons: —, Elon, Musk, Dan Huot, Marianne Ayala, Morgan Stanley, Artemis, Artemis III Organizations: Service, SpaceX, Business, SpaceX's, Texas launchpad, X, NASA, Super, Saturn, Morgan, SLS, SpaceX SLS, Apollo Locations: South Texas, Texas

(AP) — A Nebraska woman allegedly found a lucrative quirk at a gas station pump — double-swipe the rewards card and get free gas! The 45-year-old woman was arrested March 6 and faces felony theft charges accusing her of a crime that cost the gas station nearly $28,000. But the company was unaware of a glitch that allowed anyone swiping a rewards card twice to put a gas pump into demonstration mode. In demo mode, the user could pump gas at no cost. A probable cause statement from prosecutors said the loss-prevention manager determined that one particular card had been used repeatedly to obtain free gas.

Persons: LINCOLN, Thompson Organizations: —, Prosecutors, Police, Bosselman Enterprises, Authorities Locations: Neb, Nebraska, Lincoln

☆ Mark Zuckerberg is becoming Meta's ultimate influencer
▼ + stars: | 2024-03-12 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

Zuck has been using his platforms to demo Meta's products, including the company's AI glasses. In a video posted late last year, he used Meta's AI Ray-Bans to guide him through braiding his daughter's hair. Zuckerberg posted a video reviewing Apple's new mixed-reality headset, perhaps unsurprisingly deciding Meta's $500 Quest headset was superior. The billionaire has also taken to criticizing Apple's headset on other social media platforms and behind closed doors in private meetings. In a post on Threads last week, Zuckerberg said if Meta's Quest is like the Vision Pro in five years, "we'll have regressed significantly."

Persons: Mark Zuckerberg, Zuck, —, Zuckerberg, Meta's, Ray, He's, he's, Anant Ambani, Priscilla Organizations: Apple's, Service, buzzy Locations: Asia, Japan, Tokyo

So we have to talk about the drama that has been playing out in the past week between OpenAI and Elon Musk. According to OpenAI, Elon Musk wanted majority, equity, initial board control, and to be CEO of this new for-profit subsidiary. It’s basically —casey newtonIt’s like, I’m going to find a way to follow your rule, but in the worst way possible. Like, working was one I thought that, oh, I’m going to work in this all the time. kevin roose[LAUGHS]: Well, I thought, like, I’m going to take some spatial videos.

Persons: casey newton Casey, kevin roose, casey newton, Kevin, casey newton What’s, Kevin Roose, Casey Newton, OpenAI, Will, Joanna Stern, Casey, it’s, kevin roose I’m, Elon Musk, It’s, casey newton Let’s, Elon, he’s, I’ve, casey newton What’d, there’s, you’ve, we’re, GPT, Sam Altman’s, that’s, AGI, Annie “, Sam Altman, who’s, isn’t, “, we’ve, ” casey newton Go, He’s, Ilya Sutskever, Greg Brockman, Ilya, casey newton Yes, Tesla, casey newton Well, they’ll, casey newton Oh, kevin roose It’s, don’t, kevin roose Will, casey newton Right, casey newton Mhm, kevin roose They’re, Microsoft’s Bing, Microsoft Bing, Bing, Apple, Europe — casey newton, Charles Duhigg, John Gruber, they’ve, casey newton It’d, — casey newton, they’re, They’ve, you’ll, Apple’s, casey newton It’s, I’ll, casey newton Sure, GDPR, you’re, kevin roose Really, let’s, kevin roose Casey, kevin roose —, Jonah Stern, casey newton Wow, Joanna, Let’s, kevin roose Joanna Stern, joanna, casey newton Hi, kevin roose Long, joanna stern, —, kevin roose We’re, Kara Swisher, kevin roose Don’t, I’m, casey newton Don’t, casey newton That’s, Neil Patel, Um, kevin roose That’s, kevin roose Sure, casey newton Great, KEVIN, IV, wearables, Fitbits, kevin roose Oh, hadn’t, casey newton —, casey newton I’ve, Joe Rogan Organizations: The New York Times, Elon, Apple’s, OpenAI, Microsoft, Google, Google’s, Facebook, Tesla, Big, European Union, Digital Services, Giants, Apple, Digital Markets, EU, Bloomberg, Digital, Spotify, General, Apple Vision Pro, Street, Apple Vision, Vision, New York Times, “, Housewives, Club, Ray, Tesla Chargers, Vision Pro, Apple Watch, Sony Locations: Los Angeles, Europe, what’s, Elon, OpenAI, Japan, South Korea, Turkey, United Kingdom, United States, Reddit, American, America, California, Florida, United, Mars, The

☆ Apple's car prototype was internally called the 'Bread Loaf' because of its shape: Bloomberg
▼ + stars: | 2024-03-07 | by ( Matthew Loh | ) www.businessinsider.com time to read: +2 min

Apple employees called the design of their first electric vehicle the "Bread Loaf," per Bloomberg. CEO Tim Cook appeared impressed, but the "Bread Loaf" wasn't always viewed in a positive light, per Bloomberg. AdvertisementApple employees working on the tech giant's first electric car built a prototype in 2020 that they called the "Bread Loaf," a name that was at times used disparagingly. The car team used the "Bread Loaf" name "not always affectionally," according to Bloomberg reporters Mark Gurman and Drake Bennett. Apple's killing of the car project comes as the electric vehicle market slows from its initial burst of hype and sales.

Persons: Tim Cook, wasn't, —, Mark Gurman, Drake Bennett, Cook, Apple honchos, Tesla Organizations: Apple, Bloomberg, Service, Business

☆ Google's Gemini firestorm shows the risks of the company's race to catch up with its AI rivals
▼ + stars: | 2024-03-06 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +5 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. The company has been defending itself against fierce backlash sparked by its AI chatbot's image-generating feature. The product has landed Google at the center of what was described in some circles as a "woke" culture war. AdvertisementGoogle's 'Gemini era' is all about GPT-4Pichai claimed late last year Google was entering its "Gemini era." The model is widely seen as the company's answer to OpenAI's GPT-4, a product heavily backed by Microsoft and already powering many of the company's AI products.

Persons: —, execs, Critics, Andrés, Sergey Brin, Sundar Pichai, Brin, Alex Heath, Heath, Pichai, OpenAI's, Google's Bard, Bing, Gvirtz, Sandra Wachter, Wachter Organizations: Service, Google, Business, Big Tech, King's Business School, Engineers, Gemini, Microsoft, chatbots, Financial, Oxford Internet Institute

☆ Elon Musk has a unique plan to solve Twitter's ad problems
▼ + stars: | 2024-03-05 | by ( Peter Kafka | ) www.businessinsider.com time to read: +1 min

Elon Musk owns X, formerly Twitter, which has an advertising problem. AdvertisementThe company formerly known as Twitter has a well-known advertising problem: It is owned by Elon Musk, who does his best to repel advertisers. So look at a (very partial) solution to Twitter's advertising problem: Elon Musk! More specifically, Elon Musk's Tesla, which is advertising on the company formerly known as Twitter:This new? Model Y starts at $36,490 after Federal Tax Credit for eligible buyersBook a Demo Drive to try it https://t.co/McJ7TwPy4c — Tesla (@Tesla) February 29, 2024Beyond the novelty, a couple of other ideas:

Persons: Elon Musk, —, Elon, Elon Musk's Tesla, uM6X0cQnKL — Jay Yarow, Tesla, Jay, — Tesla Organizations: Elon, Service, Twitter, YouTube, Federal Tax

☆ Bugatti CEO responds to Elon Musk's claim that Tesla Roadster will be able to do 0-60 mph in under a second
▼ + stars: | 2024-03-04 | by ( Camilo Fonseca | ) www.businessinsider.com time to read: +3 min

The new Tesla Roadster will be able to go from 0-60 mph in record time, according to Elon Musk. AdvertisementElon Musk's ambitious new promises for the long-awaited Tesla Roadster have raised eyebrows — including Bugatti's CEO's. Last week, Musk announced on X, formerly Twitter, that Tesla had "radically increased the design goals for the new Tesla Roadster." Those numbers, while eye-popping, are technically feasible, according to Mate Rimac, CEO of Bugatti Rimac. AdvertisementIt's not the first time the Tesla CEO has made big promises.

Persons: Elon Musk, Mate Rimac, Nevera, —, Elon, Bugatti's CEO's, Musk, Tesla, Rimac Organizations: Tesla, Service, Bugatti Locations: Croatian

☆ Bugatti CEO responds to Elon Musk's claim that the Tesla Roadster will be able to do 0 to 60 mph in under a second
▼ + stars: | 2024-03-04 | by ( Camilo Fonseca | ) www.businessinsider.com time to read: +3 min

Read previewElon Musk's ambitious new promises for the long-awaited Tesla Roadster have raised eyebrows — including the Bugatti CEO's. Last week, Musk announced on X, formerly Twitter, that Tesla had "radically increased the design goals for the new Tesla Roadster." Those numbers, while eye-popping, are feasible, Mate Rimac, the CEO of Bugatti Rimac, said. Previously, the Tesla Roadster was billed as reaching 60 mph in 1.9 seconds, a figure that's still up on Tesla's website. "I think it has a shot at being the most mind-blowing product demo of all time," he added on X.AdvertisementIt's not the first time the Tesla CEO has made big promises.

Persons: —, Elon, Musk, Tesla, Rimac, Bugatti Rimac Organizations: Service, Tesla, Bugatti, Business Locations: Croatian

☆ Venture capital firm's plan to buy nonprofit hospital system has Ohio community on edge
▼ + stars: | 2024-03-02 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +17 min

In late 2022, Harrison joined venture firm General Catalyst, which has backed tech highfliers like Stripe, Snap and Airbnb . This is the first holistic transformation of a health system to a thoughtful combination of digital and in-person care." "It just makes people a little nervous, and it doesn't feel quite aligned with this concept of health care being a human right." To revolutionize how we care for patients, we in health care are doing the same." "This is not like a turnaround, this is not a distressed system," Harrison said.

Persons: Marc Harrison, who's, Astrid Stawiarz, Mark Zuckerberg, Elon Musk, He's, screeds, Harrison, Catalyst, HATCo, Fitch, Ceci Connolly, Connolly, She's, Freddy Krueger, John Bass, Bass, he's, Chris Bischoff, Bischoff, it's, Harrison isn't, Michael Greeley, Greeley, Beaumont, Cliff Deveny, hadn't, Deveny, Ben Sutton, Sutton, Shammas Malik, James Hardy, Hardy, Mayor Malik, Malik, we've, Capital's Greeley, Catalyst's Organizations: Healthy, CNBC, Intermountain Healthcare, Catalyst, Summa Health, Health Assurance Transformation Corporation, Summa Health Medina, Urban Institute, Fitch Ratings, Alliance of Community Health, General Catalyst, HCA Healthcare, University of California Davis Health, Intermountain, Flare Capital Partners, Beaumont Health, Health, Akron, Ideastream Public Media, HATCo Locations: New York City, Silicon Valley, Utah, Ohio, Harrison, PitchBook, U.S, Canada, Israel, Michigan, Beaumont, Akron, Summit County, Akron's

☆ Here's what tech giants are betting on next — from robot dogs to smartphones you can wear on your wrist
▼ + stars: | 2024-03-01 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +4 min

Arjun Kharpal | CNBCThe Mobile World Congress, the world's largest mobile show, is a place where device makers show off some of their latest innovations. Arjun Kharpal | CNBCTecno showed off an augmented reality glasses product with a video game controller attached. Arjun Kharpal | CNBCXiaomi has spent years talking up its smartphones' camera capabilities. Arjun Kharpal | CNBCChinese firm Tecno showed off a robot dog. Arjun Kharpal | CNBC

Persons: Arjun Kharpal, It's, There's, Oppo Oppo, Kharpal, CNBC Tecno, CNBC Xiaomi, German Shepherd, Tecno Organizations: Mobile, CNBC, Congress, Motorola, China's Lenovo, CNBC Lenovo, Samsung Galaxy, Samsung, CNBC Samsung Locations: Barcelona, Spain, Korean, German

☆ There are growing calls for Google CEO Sundar Pichai to step down
▼ + stars: | 2024-03-01 | by ( Hugh Langley | ) www.businessinsider.com time to read: +5 min

The slip-up was so bad it sent the company's stock tumbling, and had CEO Sundar Pichai address the troops, calling the situation "completely unacceptable." The debacle has strengthened the narrative that Google is suddenly behind in the AI race, and now there's a growing chorus of voices calling for CEO Sundar Pichai to be replaced. Pichai, who was appointed CEO of Google in 2015, and Alphabet in 2019, has proven a strong peace-time CEO for the company. He's been an effective and steady hand who protects Google's prized search business and deals diplomatically with regulators. Responding to a tweet by Color Health CEO Othman Laraki, who said Google as facing an "unsolvable problem," Mayer defended Google somewhat.

Persons: —, Sundar Pichai, Ben Thompson, Googlers, Mark Shmulik, chatbot, He's, Pichai, Aravind Srinivas, Sundar, Srinivas, Marissa, Marissa Mayer, Othman Laraki, Mayer, They've, Hugh Langley Organizations: Service, Google, Business, Color, Gartner Locations: Silicon Valley

☆ Inside The New York Times' big plans for its Cooking app
▼ + stars: | 2024-02-29 | by ( Lucia Moses | ) www.businessinsider.com time to read: +9 min

She joined the Times in 2007 as a web producer and later helped launch the Cooking app in 2014. Rachel Vanni via The New York TimesWhile many media companies have struggled recently, The New York Times has been a big digital success story. The Cooking app, along with Games, The Athletic, and Wirecutter, have bolstered the company's subscription business by providing different entry points. The "All Access" bundle strategy also lets the Times leverage upticks in demand for different types of content depending on the time of year (such as the winter holidays, which are peak cooking times) or news cycles. Cooking has learned that newer users perceive Times recipes as taking longer than they say.

Persons: foodies, Emily Weinstein, weren't, Rachel Vanni, Camilla Velasquez, Cooking's, Weinstein, Eric Kim, Melissa Clark, Clark, Matthew Tom, Wolverton, Adam Nagourney, Meredith Levien, Los Angeles Times haven't, they're, It's, Wirecutter, Condé, Bon Appétit, Carla Lalli, Molly Baz, Alison Roman, David Lebovitz's Organizations: The New York Times, Times, Business, New York Times, Games, The Athletic, Food, NYT, YouTube, longtime, Journalism, Athletic, Washington Post, Los Angeles Times Locations: America, TikTok

☆ As AI takes hold of your smartphone, the end of the app era could be in sight
▼ + stars: | 2024-02-28 | by ( Hugh Langley | ) www.businessinsider.com time to read: +5 min

Smartphone makers flooded Mobile World Congress to show off new AI features. More AI tools are moving on to devices, which would make them faster and cheaper to run. Now, as the industry looks to capitalize on the AI boom and galvanize a stagnating mobile market, phone makers want the AI tools to run locally on the phone itself. The company attended MWC to tout how it's helping phone makers such as Samsung and Honor run more AI tools on their phones. Samsung was also there, previewing some of the AI tools it's begun to roll out on its phones, including a nifty live-translation feature.

Persons: —, chipmakers, it's, Morgan Stanley, Francisco Cheng, Hugh Langley, Cheng, Siri, Francisco Jeronimo, Jeronimo Organizations: Congress, Service, Mobile, Companies, Qualcomm, Samsung, Hugh Langley Qualcomm, MWC, Google, Motorola, IDC, Insider, Deutsche Telekom, Brain.ai Locations: Barcelona

We demo the new $3,500 Apple Vision Pro. Here's why these tech goggles could be the future of computing — but may not be worth the price.

Organizations: Apple Vision

☆ Elon Musk says the long-delayed Roadster is a Tesla-SpaceX collab and could be 'mind-blowing'
▼ + stars: | 2024-02-28 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

Elon Musk says Tesla's revived Roadster has had a design revamp. Elon Musk says the much-delayed Tesla Roadster has had a design overhaul. "Tonight, we radically increased the design goals for the new Tesla Roadster," Musk said. Back in 2018 Musk posted this tweet:SpaceX option package for new Tesla Roadster will include ~10 small rocket thrusters arranged seamlessly around car. The original Tesla Roadster.

Persons: Elon Musk, Musk, … — Elon, Tesla Organizations: SpaceX, Tesla, Tesla Roadster, Business

☆ Elon Musk again promises next-generation Roadster, six years after first hyping it
▼ + stars: | 2024-02-28 | by ( Lora Kolodny | In Lorakolodny | ) www.cnbc.com time to read: +2 min

Six years ago, Elon Musk hyped a next-generation Roadster, the name of Tesla's debut car from 2008. A refreshed version was never produced, but Musk is once again promising a new Roadster is on the way. "Tonight, we radically increased the design goals for the new Tesla Roadster," Musk wrote on X as part of a series of posts Tuesday night. Musk first promoted the next-generation Roadster concept in June 2018 in a series of tweets. He said at that time, "SpaceX option package for new Tesla Roadster will include ~10 small rocket thrusters arranged seamlessly around car."

Persons: Elon Musk, Musk, Tesla, Musk's, BYD, Morgan Stanley Organizations: Tesla, SpaceX, Ferrari, China Passenger Car Locations: U.S, China

☆ How Overtime is turning high school sports leagues into a $100 million business
▼ + stars: | 2024-02-27 | by ( Lucia Moses | Ashley Rodriguez | ) www.businessinsider.com time to read: +6 min

This year, Overtime is on track to make $100 million based on deals that are locked in, a 30% year-over-year increase. Amazon pays Overtime to stream its Overtime Elite basketball league, which pays its teen players upwards of $100,000 annually plus bonuses. Advertisement"We have three-year sponsorship deals with major brands," Porter said, referring to Overtime's league deals. For example, GMC and C4 Energy drink pay Overtime to sponsor its Overtime Elite practice courts and Overtime Boxing ring, respectively. Its young audience also poses some limitations.

Persons: —, Dan Porter, CRO Rich Calacci, Porter, it's, that's, Megan Marks, Zack Weiner, It's, Breanna Stewart who's Organizations: Service, GMC, State, Adidas, Amazon Prime, Elite, Business, NBA, C4 Energy, Dentsu Media, millennials, NFL, Endeavor, Liberty Media Corp, Netflix Locations: America

☆ Meta aims to reveal and demo Orion, its first true AR glasses, during its fall developer conference
▼ + stars: | 2024-02-27 | by ( Kali Hays | ) www.businessinsider.com time to read: +3 min

Meta plans to show off years of work on new augmented reality glasses during its developer conference this year. While the AR glasses will not be for sale to the public after the reveal, a handful of employees are already experimenting with advanced prototypes, one of the people noted. The AR glasses are a separate product from Meta's better-known Ray-Ban smart glasses and Quest headsets. He posted a photo to Threads earlier this month showing several versions of Meta glasses on his desk. So far, Meta's AR glasses are costly to produce, much less sell at retail.

Persons: what's, Ray, Andrew Bosworth, Mark Zuckerberg, Bosworth, Kali Hays Organizations: Orion, Reality Labs Locations: khays@insider.com

☆ Huawei spin-off Honor shows off tech to control a car with your eyes and chatbot based on Meta's AI
▼ + stars: | 2024-02-25 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +2 min

Honor demonstrated how its smartphone eye-tracking technology could be used to control a car. One demo involved an app to control a car. As part of its press conference, Honor demonstrated eye-tracking technology in the smartphone. BARCELONA — Chinese firm Honor on Sunday showed off technology that allows a user to control a car just by using their eyes. In a video about the feature, Honor showed how a person could stare at one of the commands and the car would carry out the function such as moving forward.

Organizations: Mobile, Huawei, MWC Locations: Barcelona, Spain, BARCELONA, China

☆ Odysseus lunar lander is sideways on the moon after historic touchdown
▼ + stars: | 2024-02-23 | by ( Jackie Wattles | ) edition.cnn.com time to read: +5 min

CNN —The Odysseus lunar lander is sideways on the moon, Intuitive Machines, the company that built the vehicle, said during a news conference Friday. Steve Altemus, chief executive officer and cofounder of Intuitive Machines, uses a model to represent how the Odysseus spacecraft landed on the moon. ‘A punch in the stomach’Notably, Intuitive Machines realized prior to descent that Odysseus had a faulty piece of navigation equipment. The hack ultimately worked, and the spacecraft made it to the lunar surface in operational condition. All told, Odysseus will likely be able to spend about nine days operating on the lunar surface, according to Tim Crain, Intuitive Machines’ chief technology officer.

Persons: Odysseus, Odie ”, Steve Altemus, NASA “, ” Altemus, Altemus, Joel Kearns, ” Kearns, “, Tim Crain, Odie, ”, ” Crain Organizations: CNN, Machines, NASA, NASA’s Langley Research Center, Apollo

☆ NASA is back on the moon — with the first commercial lunar landing ever
▼ + stars: | 2024-02-23 | by ( Ellyn Lapointe | Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +7 min

The IM-1 mission's landing helps catapult the US into a 21st-century space race to the moon's south pole. AdvertisementAn American moon lander touched down on the lunar surface for the first time in over 50 years on Thursday. For its last lunar landing attempt in January, NASA partnered with the Pittsburgh-based company Astrobotic Technology to send its Peregrine spacecraft to the moon. Intuitive Machines' Odysseus moon lander beamed back its first images from space earlier this month. So NASA and Intuitive Machines have officially put the new commercial lunar era in swing, and they're just getting started.

Persons: —, Astrobotic, Odysseus, Tim Crain, Japan's, Trent Martin, NASA hitches, they're Organizations: NASA, Service, Houston, SpaceX, US, Spaceflight, Payload, Pittsburgh, Technology, Machines Locations: Russia, India, Japan, China

☆ Intuitive Machines snags the first commercial moon landing ever. Its Odysseus lander returns NASA to the moon after 52 years.
▼ + stars: | 2024-02-22 | by ( Ellyn Lapointe | Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +6 min

Intuitive Machines mission control reported that it was receiving pings from the lander, which means it touched down at about 6:24 p.m. Intuitive Machines' Odysseus moon lander beamed back its first images from space earlier this month. Intuitive MachinesNASA has several CLPS missions scheduled over the next two years, including two more with Intuitive Machines. AdvertisementEven later this year, a different Intuitive Machines spacecraft is scheduled to head to the western edge of the moon's near side. So NASA and Intuitive Machines have officially put the new commercial lunar era in swing, and they're just getting started.

Persons: Astrobotic, Odysseus, Tim Crain, —, Japan's, Trent Martin, NASA hitches, they're Organizations: Houston, NASA, SpaceX, US, Spaceflight, Payload, Pittsburgh, Technology, Machines Locations: Russia, India, Japan, China

☆ Google halts AI tool’s ability to produce images of people after backlash over historically inaccurate depictions of race
▼ + stars: | 2024-02-22 | by ( Catherine Thorbecke | Clare Duffy | ) edition.cnn.com time to read: +3 min

The embarrassing blunder shows how AI tools still struggle with the concept of race. Google’s attempt to overcome this, however, appears to have backfired and made it difficult for the AI chatbot to generate images of White people. Gemini, like other AI tools such as ChatGPT, is trained on vast troves of online data. Experts have long warned that AI tools therefore have the potential to replicate the racial and gender biases baked into that information. This screen grab shows CNN asking Google Gemini to create an AI-generated image of a "White farmer in the South" and the tool's response.

Persons: OpenAI’s Dall, Gemini, Clare Duffy, ”, “, Jack Krawczyk, Bard, James Webb Organizations: New, New York CNN, Google, CNN, White, Tech, Gemini, James Webb Space Telescope Locations: New York, White, Dublin ”

☆ Five moves Walmart is making to overhaul its business for the future
▼ + stars: | 2024-02-19 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +7 min

New York CNN —Walmart, the global mega-retailer that began in Arkansas in 1962, is making huge moves in 2024. It’s making investments in technology and inventory that move it into new businesses and which will alter the Walmart experience of many customers. Stock splitThe mega-retailer announced a 3-for-1 stock split that takes effect this week. A stock split means a single share gets split into multiple shares. Under the plan Walmart announced, people who own shares by close of business on February 22 will get two additional new shares of Walmart for every share they own.

Persons: Doug McMillon, Jeffries, “, ”, McMillon, Burt Flickinger, Blake Droesch, CNN’s Parija Kavilanz, Nathaniel Meyersohn, Elisabeth Buchwald, Alicia Wallace Organizations: New, New York CNN, Walmart, ”, Labor, Consumer, Microsoft, Strategic Resource, CNN, Costco, Telsey Group, Target, Intelligence, FactSet Locations: New York, Arkansas, Las Vegas

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