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Usher Gets Married After the Super Bowl
  + stars: | 2024-02-13 | by ( Sadiba Hasan | ) www.nytimes.com   time to read: +1 min
After delivering a dynamic halftime performance at the Super Bowl, the R&B star married his partner, Jennifer Jean Goicoechea, in Las Vegas on Sunday. “We can confirm that Usher and Jennifer Goicoechea took the next step in their relationship and did get married on Sunday night in Las Vegas surrounded by close friends and family,” said Lydia Kanuga, a representative for Usher. “They both look forward to continuing to raise their children together surrounded by love and thank everyone for the well wishes.”According to a court document, Ms. Goicoechea and Usher Raymond IV married at Vegas Weddings, a chapel in downtown Las Vegas. “We were beyond thrilled to host in this epic day for Usher and his new wife,” Melody Willis-Williams, president of Vegas Weddings, said in a statement. The couple obtained their marriage license from the Clark County Marriage License Bureau on Thursday.
Persons: It’s, Usher, Jennifer Jean Goicoechea, , Jennifer Goicoechea, , Lydia Kanuga, Goicoechea, Usher Raymond IV, Ronald Joseph Pokrywka, who’s, Ron DeCar, Elvis, DeCar, Jonnetta Patton, Usher’s, Melody Willis, Williams Organizations: Super, Vegas Locations: Las Vegas, Clark
During the game’s commercial breaks, Temu managed to grab several 30-second ad slots estimated to cost $7 million each . Temu is spreading across AmericaSigns so far suggest US consumers are buying the Temu hype. AdvertisementResults published this month from a survey of around 600 consumers, carried out by investment bank Jefferies, found that almost one in three, or 31%, had used Temu. Temu lacks US-based apparel brands, the bank said, making online window shopping on the site less appealing to Americans, for now. That said, Temu looks ready to put its all into America.
Persons: , Taylor, Travis Kelce, didn’t, Temu, Shein, Jefferies, TikTok Organizations: Service, Super, Business, Bernstein Research, Bowl, Jefferies, Amazon, Bloomberg Locations: Tokyo, China, America, Europe, Beijing
Read previewMasayoshi Son owes much of his success to an incredibly prescient dot-com era bet on Alibaba. The SoftBank chief first invested $20 million in Jack Ma's ecommerce upstart in 2000, when it was just a year old. That faith was handsomely rewarded, with SoftBank realizing an incredible $72 billion gain on its investments in Alibaba over the course of 23 years. Arm and the Vision Funds collectively represent 70% of SoftBank’s net asset value, a key performance indicator that reflects the total value of its holdings. Arm, SoftBank's latest golden child, is on course to deliver, but there is still much work to be done to get the Vision Funds back on track.
Persons: , Jack Ma's ecommerce, Ma, Son, Masayoshi Son's, Jack Ma, Alibaba, ChatGPT, Yoshimitsu Goto, SoftBank, Uber, Sam Altman, he'll Organizations: Service, Business, Future Publishing, Vision, Apple, Google, Nvidia, Samsung, Nasdaq, Funds Locations: Alibaba, China, British, London
Read previewWho knows what kind of fate would have awaited Uber had Travis Kalanick decided not to relinquish his power in 2017. But instead of crashing, Uber has seemingly defied the odds thanks to Kalanick's successor, Dara Khosrowshahi. Net profit for the year hit $1.9 billion versus an enormous $9.1 billion loss in 2022, which had been inflated by revaluations of Uber's equity investments. Former Uber boss Travis Kalanick. But having been at the helm of online travel business company Expedia for 12 years before moving to Uber, Dara's success appears to come from his pedigree as an operator.
Persons: , Uber, Travis Kalanick, Dara Khosrowshahi, Khosrowshashi, Eric Piermont, Khosrowshahi, SoftBank, Didi Chuxing Organizations: Service, Business, AFP Dara's Locations: Silicon, San Francisco, China
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AI is paving the way to the future tooBill Gates-backed company KoBold Metals has used AI to discover a huge new copper mine. Chip Somodevilla/Getty ImagesAs well as seeing AI be used to excavate the past, it seems to be getting used to forge a path to the future too. Clearly then, billions of dollars aren't just being spent on AI for the sake of achieving some productivity and efficiency hacks. AI could also help usher humans into a new age of discovery.
Persons: , Nat Friedman, Bill Gates, Chip Somodevilla, Jeff Bezos, Josh Goldman reckons Organizations: Service, Business, KoBold Metals, KoBold, Democratic Locations: Rome, Egypt, Switzerland, Zambia, Democratic Republic of Congo
Apple's China problems are piling up
  + stars: | 2024-02-06 | by ( Hasan Chowdhury | ) www.businessinsider.com   time to read: +1 min
Apple's China problems are about to get bigger. Domestic chipmakers are drawing up plans to supply smartphone makers like Huawei with advanced chips. It's a move that could help Chinese smartphone makers produce more rivals to the iPhone. Chinese smartphone makers have had a hard time getting their hands on high-end semiconductors — a crucial smartphone component — in recent years. This story is available exclusively to Business Insider subscribers.
Persons: Organizations: Huawei, Service, Business Locations: China, Western
‘Ghetto Fabulous’ on the Red Carpet
  + stars: | 2024-02-06 | by ( Sadiba Hasan | ) www.nytimes.com   time to read: +1 min
The rapper leaned heavily into the era at the Grammy Awards on Sunday, wearing custom Baby Phat. She arrived in a fur-lined denim jacket and a matching maxi skirt that trailed behind her as she walked the red carpet. Baby Phat was started by Kimora Lee Simmons in 1999. But in its heyday Baby Phat never had a big presence on red carpets. Since then, though, streetwear and hip-hop have only become more influential at even the most rarefied houses.
Persons: Spice, Phat, Kimora Lee Simmons, women’s streetwear, Baby Phat, Missy Elliott, Lil ’ Kim, Jennifer Lopez, Simmons, , Lil Durk, Pharrell Williams, Louis Vuitton
Bangladesh Welcomes Biden Letter on Support for Economic Goals
  + stars: | 2024-02-05 | by ( Feb. | At A.M. | ) www.usnews.com   time to read: +2 min
DHAKA (Reuters) - President Joe Biden said the U.S. is willing to work with Bangladesh to help the South Asian nation achieve its economic goals, nearly a month after Prime Minister Sheikh Hasina was sworn in following an election boycotted by the opposition. Biden made his comments in a letter to Hasina, Foreign Minister Hasan Mahmud told reporters on Monday, adding through this letter ties between the two countries will advance further. Hasina and her party won a fourth straight term in the Jan. 7 election, which the main opposition dismissed as a sham. "We welcome the letter written by President Biden. "The United States is committed to supporting Bangladesh's ambitious economic goals and partnering with Bangladesh on our shared vision for a free and open Indo-Pacific," Biden said in his letter, provided to reporters.
Persons: Joe Biden, Sheikh Hasina, Biden, Hasina, Hasan Mahmud, Mahmud, Ruma Paul, Sharon Singleton Organizations: U.S . State Department, Reuters, Bangladesh Nationalist Party, BNP Locations: DHAKA, U.S, Bangladesh, United States, Dhaka didn't, Russia, Ukraine
Read previewApple is about to find out what developers really make of its App Store shake-up . The iPhone maker has started to offer 30-minute online consultations to any app maker seeking to give feedback on a raft of controversial changes made to its App Store last month . To address lawmakers' concerns, Apple set about allowing third-party app stores onto iOS. AdvertisementFor one, it can expect to hear strong thoughts about rules dictating which third-party app stores will be allowed onto its operating systems. That said, it's still open to talk about topics including alternative distribution on iOS, alternative payments in the App Store, and more.
Persons: , Tim Sweeney, Daniel Ek, Don Emmert, Sarah Bond, Apple, Sweeney, It's, Zach Meyers, it's Organizations: Service, Union's, Business, Apple, EU, Epic, iOS, Getty, Center, European Locations: Cupertino , London, Singapore, AFP, @Zach_CER
Getty ImagesThe Meta CEO reigns over an empire of social media apps that will be familiar to many Americans. Facebook bought the instant messaging app for $19 billion back in 2014, and has been able to turn it into a mega-hit across the world ever since. Such features seem to be of interest to businesses: WhatsApp's daily business users jumped 80% in the US last year, per data from Apptopia first reported by the Big Technology newsletter. 'Channels'WhatsApp is trying to offer the perks of social media without the publicity of it all. In late 2022, the Meta chief acknowledged that while there is still some time before bets on the metaverse can prove successful, "business messaging is probably going to be the next major pillar."
Persons: WhatsApp, iMessage, Mark Zuckerberg, , Zuckerberg Organizations: Meta, Service, Apple, Bloomberg Intelligence, Facebook, Chevrolet, Samsung, Big Technology Locations: America
The day after their first date in February 2021, Damian Courtney Dizárd surprised Conswella Gilmore with a silver ring from David Yurman. “Like the younger generation says, I wanted to shoot my shot,” Mr. Dizárd, 51, said. He then invited her to Miami for his birthday trip the month after, and Ms. Gilmore, 50, agreed to go. They had been talking on the phone at all hours of the day for four months. Ms. Gilmore had been following Mr. Dizárd, a wedding and event photographer, and his words resonated with her.
Persons: Damian Courtney Dizárd, Conswella Gilmore, David Yurman, Mr, Dizárd, Gilmore, Chip, messaged, , Connie Organizations: Instagram Locations: Miami
Everyone has been waiting for Tim Cook to talk about Apple's foray into AI. The comments come as Apple's Big Tech rivals benefit from their early moves in the technology. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementIt's been a long time coming, but Tim Cook is finally talking about artificial intelligence on his own terms. CEO Satya Nadella described the period as one in which the company "moved from talking about AI to applying AI at scale."
Persons: Tim Cook, , It's, Mark Zuckerberg, Josh Edelson, Satya Nadella, Mark Gurman, John Giannandrea, Craig Federighi, Cook, Christoph Dernbach, Goldman, Mike Ng, We've Organizations: Big Tech, Service, Apple, Apple's Big Tech, , Google, Meta, Microsoft, Amazon, Getty, Vision, Apple Vision Pro, Huawei Locations: AFP, China
"Our job is 98% done," Privatisation Minister Fawad Hasan Fawad told Reuters when asked about the plan to sell the airline. Details of the privatisation process have not been previously reported. PIA had liabilities of 785 billion Pakistani rupees ($2.81 billion) and accumulated losses of 713 billion rupees as of June last year. Its CEO has said losses in 2023 were likely to be 112 billion rupees. PIA spokesman Abdullah Hafeez Khan said the airline was assisting the privatisation process, extending "full cooperation" to the transaction adviser.
Persons: Asif Shahzad, Fawad Hasan Fawad, Fawad, Ernst & Young, Shamshad Akhtar, Abdullah Hafeez Khan, Nawaz, Nawaz Sharif, Imran Khan, Sharif's, Ishaq Dar, EASA, Brendan Sobie, Gibran Peshimam, Raju Gopalakrishnan Organizations: Pakistan International Airlines, International Monetary Fund, PIA, IMF, Reuters, Caretaker, Ernst &, Ernst, FAST, Pakistan Muslim League, European Union Aviation Safety Agency, Heathrow, Manchester, Birmingham, Kuwaiti Locations: Asif Shahzad ISLAMABAD, Pakistan, Czech, Hungarian, Karachi, Europe, Kuala Lumpur, Toronto, Singapore, East, North America, Paris, New York
On February 1, 2004, the now-infamous “Nipplegate” incident occurred at the Super Bowl XXXVIII halftime show as Janet Jackson performed with Justin Timberlake, crescendoing to a costume malfunction/reveal that begot the aforementioned name. Journalist Jason Lipshutz tweeted in 2017, “Justin Timberlake officially doing Super Bowl halftime. Dream setlist - “Lovestoned” - 9-minute Janet Jackson apology - “Gone” (w/ *NSYNC)”Justin Timberlake officially doing Super Bowl halftime. And as with every Super Bowl, the anniversary of “Nipplegate” has not been forgotten. One person posted on X (formerly Twitter) Wednesday, “20 years ago, justin timberlake exposed janet jackson’s breast at the 2004 superbowl halftime show.
Persons: Taylor Swift, Janet Jackson, Justin Timberlake, crescendoing, Timberlake, Jackson, Gerrick Kennedy, Justin, revictimize Janet, , , Janet, Jason Lipshutz, “ Justin Timberlake, ” Justin Timberlake, Britney Spears, justin timberlake, janet jackson’s, jackson, timberlake, Spears, , ’ ”, that’s, ” Jackson, ” Hasan Ay, Ay, ” “ Justin, She’s, ” Kennedy, Kelly, clowning Janet Organizations: CNN, Super, Federal Communications Commission, CBS, Bowl, , viacom, ” CNN
Musk's Tesla pay was structured without a salary to involve 12 stock option awards that would only be given once performance goals for each of them were met. Though Musk can appeal the decision, there are signs that this battle is about more than just the massive pay package that has propelled him to a $205 billion fortune. The carmaker is currently worth $600 billion, up from roughly $50 billion in 2018, when Musk received his pay plan. So it's reasonable to take Musk at face value when he says his Tesla pay, as McCormick put it, is a "means of bankrolling that mission." Closer to home, Musk's legal battle could trigger a rethink of where Corporate America goes to do business.
Persons: , Elon, Thomas Jefferson, Tesla, Richard Tornetta —, Musk, Judge Kathaleen McCormick, Musk's Tesla, Chandan Khanna, , Judge McCormick, McCormick, DealBook, that's Organizations: Service, The, The Diamond State, Business, SpaceX, Toyota, Delaware Inc, Corporate America Locations: Delaware, The Diamond, Tesla, Mars, America's, America, Nevada, Texas
A look at the Neuralink brain chip. Apple is set to launch its Vision Pro headset on Friday in what it describes as its big foray into "spatial computing." That space is essentially your head, with the Vision Pro built to create a canvas that emerges before your eyes while you wear it. question, the Vision Pro is also a response to the growing suite of headgear that Mark Zuckerberg has been creating at Meta. Products include the mixed reality Meta Quest Pro and Meta Quest 3, which, like the Vision Pro, are designed to be worn over your head.
Persons: , they've, Elon Musk, Musk, Neuralink's, Stephen Hawking, Neuralink, Mark Zuckerberg Organizations: Service, Business, Samsung, IDC, Welfare, China's Ministry of Industry, Information Technology, stoke, Apple, Meta, Products, company's Locations: Silicon, Neuralink's
Read previewWhen Apple launches the Vision Pro on Friday, it could really do with developers lapping it up. Given the price tag, Apple watchers aren't expecting the Vision Pro to fly off the shelves immediately. AdvertisementTo spur future consumer sales then, Apple really needs developers onside to help make the Vision Pro a success. In theory, it means developers aren't strictly limited to releasing their apps to Apple users through its own App Store. More broadly, it puts Apple and developers at odds with each other at a moment when Apple really needs apps for Vision Pro.
Persons: , It's, aren't, Apple Apple, Daniel Ek, Ek, Tim Sweeney, Sweeney, Apple, Apps, Mark Gurman Organizations: Service, Apple, Business, Vision, European Union, bloc's, Epic, Microsoft, Valve, Vision Pro
Apple just did something unthinkable: it opened up its App Store. AdvertisementApple's absolute rule over the App Store has just been broken for the first time since its launch in 2008. Developers in the EU could previously only sell apps through Apple's App Store. It means developers can simply bypass the App Store. Did... did Apple just introduce the equivalent of Unity's runtime install fee... but for all iOS app developers in the EU?!
Persons: , Peter Kafka, Apple, Tim Sweeney, Tim Sweeny, Rachel Luna, Stringer Apple, Sweeney, Nikita Bier, Eric Seufert, Heracles Capital, Seufert, Ashley Gullen, Z7KMiWEqmD — Ashley Gullen Organizations: Apple, Service, European Union, Digital, Epic, Microsoft, Valve, Heracles, European, Unity, European Commission Locations: iPhones, EU
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementRecent advances in generative AI, spurred by OpenAI's ChatGPT , mean the technology is now a much bigger problem. In the UK, research by Fenimore Harper Communications found more than 100 deepfake video ads impersonating Prime Minister Rishi Sunak on Facebook. Though it's not clear exactly who is behind the deepfakes in the US and UK, the recent proliferation of AI means almost anyone with internet access and an AI tool can cause some havoc. Earlier this month, OpenAI unveiled its plans to prevent the misuse of AI ahead of this year's elections.
Persons: , Ethan Mollick, OpenAI's ChatGPT, Joe Biden, Deepfake robocalls, Joe Biden's, Drew Angerer, Biden, Rishi Sunak, Leon Neal, Fenimore Harper's, Meta, it's, Mollick, OpenAI, Lisa Quest, Oliver Wyman, Spriha Srivastava Organizations: Service, Business, Voters, Wharton, NBC News, PLOS, Fenimore Harper Communications, Facebook, UK, Ireland Locations: Britain, India, Mexico, New Hampshire, Turkey, Malaysia, Philippines, United States, Davos
While EV sales are continuing to grow, they are doing so at a slower pace, research shows. Elon Musk warned a slowdown in sales growth was coming when Tesla reported earnings on Wednesday. The Warren Buffett-backed EV maker, which sells its vehicles in more than 60 countries and recently overtook Tesla on global EV sales, put an early focus on affordable models such as the $10,000 Seagull. EV sales surged 40% year-on-year in the last three months of 2023 —a "strong result by any measure," as the industry research noted. Aran Waid, senior analyst at Benchmark Mineral Intelligence, said growth in EV sales globally was continuing but that it had "fallen short of automaker expectations."
Persons: Tesla, , Elon Musk, Musk, China's BYD, Warren Buffett, BYD, Kelley, Aran Waid, Josh Lefkowitz, Mary Barra, Nora Naughton, Suzuki Organizations: EV, Service, Tesla, Getty Images, Benchmark Mineral Intelligence, Ford, General Motors, Hertz, BMW, Toyota, Honda, Nissan Locations: Europe, Japan
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewJon Stewart will return to "The Daily Show" after an extended search for a host to replace Trevor Noah. This story is available exclusively to Business Insider subscribers. Per The Hollywood Reporter, Stewart will return in a limited capacity as host on Monday nights, running through the 2024 election. He took over from prior host Craig Kilborn in 1999, and stayed on the show until 2015.
Persons: , Jon Stewart, Trevor Noah, Stewart, Craig Kilborn, John Leguizamo, Hasan Minhaj, Chris McCarthy, Jon, McCarthy Organizations: Service, Business, Hollywood, Showtime, MTV Entertainment Studios
A bunch of executives at e-commerce firm Wayfair singled out remote workers as the ones who were more likely to have been laid off in a fresh round of cuts, The Wall Street Journal. The targeting of remote workers will come as little surprise for many, given the ugly battle that's been raging over remote work in recent months. Some bosses such as Elon Musk have disparaged remote workers as lazy members of the "laptop classes living in la la land," and called out the practice as "morally wrong." However, the Wayfair layoffs are a reminder that remote workers are in grave danger if their managers don't believe they're putting in the hours away from the office. Many remote workers will be feeling more vulnerable than ever.
Persons: , Wayfair, Niraj Shah, Shah, Elon Musk, Goldman Sachs, David Solomon, Ken Griffin Organizations: Service, Street, Business, Elon, Meta, Google, eBay, Billionaire, Citadel Locations: la la
That's according to a report from Bloomberg , which stated that Altman had been busy pitching heavyweight investors to back a new AI chip venture that would give his company a lot more control over its chip supply. AdvertisementBut a bunch of tech companies have started designing their own. In November, for instance, Microsoft unveiled its new Azure Maia AI chip , designed with large language model (LLM) training in mind. Despite this, Altman's plan has already won fans. "Building the best AI assistants, AIs for creators, AIs for businesses and more – that needs advances in every area of AI."
Persons: , Sam Altman doesn't, Altman, Maia, Jensen Huang, Altman's, It's, Adam Niewinski, Mark Zuckerberg Organizations: Service, Business, Microsoft, Nvidia, Bloomberg, Intel, NVIDIA, Getty, Altman, OTB Ventures, AIs Locations: AFP
In today's big story, we're looking at how there's no more loyalty in corporate America between employers and their workers. Business Insider's Aki Ito, who has covered workplace trends better than anyone, dove into the deterioration of loyalty in corporate America. The best example of the deterioration of loyalty in corporate America these days is in Big Tech. AdvertisementOne year later, Big Tech's layoffs are back and could become the new normal, Business Insider's Peter Kafka writes. However, the best representation of the growing employee-employer chasm in Big Tech is at Google.
Persons: , hustleharder, Insider's Aki Ito, they're, Insider's Peter Kafka, Kali Hays, BI's Eugene Kim, Ashley Stewart, Long, Sundar Pichai, BI's Hasan Chowdhury, Brian Moynihan, Moynihan, Laura Labovich, Asher, Emerson, Bill O'Leary, there's, Frederic J . Brown, haven't, Christian Dior, Dan DeFrancesco, Diamond Naga Siu, Hallam Bullock, Jordan Parker Erb Organizations: Service, Big, Workers, Amazon MGM Studios, Big Tech, Google, OsakaWayne, Investment, New, Bank of America's, Fed, Washington, Getty, Meta, OpenAI Mafia, Shoppers, Spotify, Couture, United Airlines, The, Business Locations: America, Big Tech, Big, Bethesda, That's, Paris, New York, San Diego, London
Much of today's most popular AI models, such as OpenAI's GPT-4, are trained on what's publicly available on the internet. It's worth noting that AI models exist today that are pretty effective at generating images, but these are text-to-image models, like Midjourney and Stable Diffusion. Koller also sees issues with today's LLMs. This isn't the first time doubts have been raised about the capacity of today's AI models. Steve Jennings/Getty Images for TechCrunchThis is not to say today's LLMs are useless.
Persons: , OpenAI's ChatGPT, Bill Gates, Daphne Koller, MacArthur, Koller, Neilson Barnard, chatbots, Yann LeCun, , today's LLMs, LLMs, that's, Kai, Fu Lee, Steve Jennings Organizations: Economic, Service, Big Tech titans, Google, Microsoft, Getty, Meta Locations: Davos, Switzerland, today's, silico
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