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(Reuters) - PricewaterhouseCoopers said Wednesday that it will give 4,000 of its legal professionals access to an artificial intelligence platform, becoming the latest firm to introduce generative AI technology for legal work. Other companies, law firms and professional services firms have also started to experiment with generative AI technology. Global law firm Allen & Overy last month became the first major legal business to publicly partner with Harvey. Other legal technology companies are rushing to incorporate generative AI capabilities into products. Casetext, a legal research company, said Tuesday its recently-released AI legal assistant product is also built on OpenAI's latest model, GPT-4.

☆ Farmers' protest party set to shake up Dutch political landscape
▼ + stars: | 2023-03-15 | by ( Bart H. Meijer | ) www.reuters.com time to read: +2 min

AMSTERDAM, March 15 (Reuters) - A farmers' protest party looks set to shake up the political landscape in the Netherlands on Wednesday, with polls indicating it will be the big winner in provincial elections that determine the make-up of the Senate. The BBB or BoerBurgerBeweging (Farmer-Civilian Movement) party is expected to ride a wave of protests against the government's environmental policies and is poised to win more Senate seats than Prime Minister Mark Rutte's conservative VVD party, a poll by research company I&O showed last week. The BBB says the problem has been exaggerated and that proposed solutions will lead to farm closures and food production shortages. The party won a single Lower House seat in 2021, but its popularity has surged on the back of growing distrust of the government and anger over issues such as immigration. Rutte's government, in its fourth consecutive term since 2010, has dropped to a 20% approval rating, its lowest in a decade.

☆ UK public inflation expectations rise unexpectedly -Citi/YouGov
▼ + stars: | 2023-03-03 | by ( ) www.reuters.com time to read: +1 min

LONDON, March 3 (Reuters) - The British public's expectations for inflation over the coming year and five to 10 years ahead rose unexpectedly in February, U.S. bank Citi said after publishing a monthly survey conducted by market research company YouGov. The Bank of England closely watches surveys of inflation expectations as it believes they influence businesses' pricing decisions and the extent to which workers push for higher pay. However, Citi said public expectations for inflation in 12 months time rose to 5.6% in February from 5.4% in January, while expectations for the long term rose to 3.8% from 3.5%. Long term expectations had fallen during the previous five months. "Today's unexpected increase re-affirms continued upside risks that have stalked UK inflation expectations in recent months," Citi economist Ben Nabarro said, adding that food shortages had probably boosted perceptions of inflation.

☆ The popularity of ChatGPT is a 'milestone' in establishing Qualcomm as an A.I. company, CEO says
▼ + stars: | 2023-03-01 | by ( Jenni Reid | ) www.cnbc.com time to read: +1 min

The explosive popularity of ChatGPT is an opportunity to show off the capabilities of artificial intelligence on smartphones, according to chip company Qualcomm 's chief executive. "This is the milestone we've been waiting for to establish Qualcomm as an AI company," Cristiano Amon told CNBC at the Mobile World Congress in Barcelona. Developed by research company OpenAI, chatbot ChatGPT has been shared widely online, as users ask it to answer questions, generate text or provide detailed, responsive information. Qualcomm recently released videos of text being used to generate AI images on an Android phone, which it also demonstrated at the conference. "For you to make that happen, you can't run everything in a data center, you're going to have to bring the AI to the devices."

☆ Gary Vaynerchuk compares the rise of AI like ChatGPT to the way the internet revolutionized work: 'AI is coming for our jobs and that's ok'
▼ + stars: | 2023-02-24 | by ( Jason Lalljee | ) www.businessinsider.com time to read: +5 min

Gary Vaynerchuk predicts that AI software like ChatGPT will eliminate many jobs. He's optimistic about workers' ability to rally and adapt to AI, or create new roles. That's been true to an extent about previous types of automation, but AI looks likely to impact a broader demographic of workers. Like Vaynerchuk points out, there's some reason to be optimistic long-term about the job shake ups technology can cause. But Vaynerchuk is more convinced that AI represents the status quo for automation.

☆ Household budgets are shredded: These stocks will benefit as consumers trade down to store brands
▼ + stars: | 2023-02-14 | by ( Michelle Fox | ) www.cnbc.com time to read: +12 min

Shoppers are largely creatures of habit, but after two years of rising prices, a broader shift to private label brands is underway. 'A tailwind' for private label That is good news for store brands, otherwise known as private label. Yet the biggest pure play on private label brands is Treehouse Foods , Chappell said. "That's where you're going to see them lean into store brands," said Mary Ellen Lynch, principal of IRI's center store solutions. Americans forced to trade down due to supply chain constraints found store brands they enjoyed, she said.

☆ Gen Z's top 10 brands are out — and they reveal an obsession with self care
▼ + stars: | 2023-02-13 | by ( Alex Bitter | ) www.businessinsider.com time to read: +1 min

The top 10 consumer brands among Gen Z include healthy food options and self-care items. Numerator compiled a list of the top 10 brands favored by Gen Z consumers, or those born between the mid-1990s and the early 2010s. "Gen Z consumers are all about self-care, which is reflected in the brands they choose to buy," said Molly Ryan, a Numerator analyst. The brands on the list had twice the penetration among Gen Z consumers as they did among all US households and grew sales at least 30% between 2021 and 2022. Check out the 10 brands that most interest Gen Z:

☆ Anheuser-Busch InBev’s Super Bowl Ad Reflects a Shift in Strategy
▼ + stars: | 2023-02-10 | by ( Jennifer Maloney | ) www.wsj.com time to read: 1 min

Squeezed by inflation, people are drinking at home again. The shift is causing whiplash for companies like Budweiser brewer Anheuser-Busch InBev SA, which had to pivot during the pandemic when consumers were stuck at home in lockdown and then flocked back to bars and restaurants when restrictions were lifted. Consumers in December said they were dining out less and eating at home more than they had over the past year, and they planned to eat at home even more in the coming month, according to a survey across 15 countries by Ipsos, a survey-based research company. AB InBev, which charts consumer trends through online panels, has received similar feedback.

☆ How Budweiser Tackled a Beer-Free World Cup
▼ + stars: | 2023-02-09 | by ( Katie Deighton | ) www.wsj.com time to read: +9 min

In the end, the brewer found a way to navigate the World Cup beer-free and roll with the media attention that the alcohol ban generated. Soccer’s 2022 FIFA World Cup in Qatar ran from Nov. 20 to Dec. 18. World Cup sponsors Kia and Adidas similarly maintained their reputational scores, according to the Morning Consult data. Budweiser doesn’t pay a reported $75 million for the official beer sponsorship of the World Cup just to serve beer at stadiums. But the ban on alcoholic Budweiser undermined the impetus for being at the World Cup, Mr. Marcondes said.

☆ Manhattan rents hit an all-time high in January
▼ + stars: | 2023-02-09 | by ( Robert Frank | ) www.cnbc.com time to read: +2 min

Median rents in Manhattan hit a new record in January as a strong job market and limited supply of apartments lifted prices. But despite a cooling economy and high-profile layoffs in finance and tech, rental demand in Manhattan remains strong. Analysts say the main driver for Manhattan's rental market is a strong job market. Analysts say rents aren't likely to come down much, if at all, in the coming months, unless the economy and job market loses steam. "I believe 2023 will be just as strong as 2022 as far as the rental market [goes]," Young said.

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSBF heads back to court, and SEC to crack down on firms giving bad crypto advice: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Sonnet Frisbie, the managing director of geopolitical risk analysis at Morning Consult, discusses the research company's data revealing that trust in crypto across 17 major markets dropped in 2022 by 30% on average amid a series of high-profile bankruptcies and scandals.

☆ Leaked Microsoft research claims Bing and ChatGPT can 'challenge Google's monopoly'
▼ + stars: | 2023-02-07 | by ( Eugene Kim | ) www.businessinsider.com time to read: +4 min

A Microsoft study found positive market sentiment on Bing and ChatGPT's potential to challenge Google. Bing could potentially "level the playing field" with Google search, according to the study. Sprinklr, which analyzes online sentiment, studied a wide range of comments about Microsoft, its Bing search engine, ChatGPT, and Google. Many people see "ChatGPT + Bing as a 'threat' or 'challenge' to Google Search," it added. "Bing can leverage the power of ChatGPT for improved results and challenge Google's monopoly," the report, marked Microsoft Confidential, explained.

☆ Leaked Microsoft research shows the market is embracing Bing and ChatGPT's potential to 'challenge Google's monopoly'
▼ + stars: | 2023-02-07 | by ( Eugene Kim | ) www.businessinsider.com time to read: +4 min

The study found positive market sentiment around Bing and ChatGPT's potential to challenge Google's search engine. The market "welcomes a change" and for Microsoft's Bing to potentially "level the playing field" with Google search, according to the study. Sprinklr, which analyzes online sentiment, studied a wide range of comments about Microsoft, its Bing search engine, ChatGPT, and Google. Many people see "ChatGPT + Bing as a 'threat' or 'challenge' to Google Search," it added. "Bing can leverage the power of ChatGPT for improved results and challenge Google's monopoly," the report, marked Microsoft Confidential, explained.

☆ The next 'White Lotus' is expected to be filmed in one of these locations in Asia
▼ + stars: | 2023-02-07 | by ( Chris Dwyer | ) www.cnbc.com time to read: +5 min

When the HBO black comedy "The White Lotus" premiered in the summer of 2021, it took viewers to Hawaii's sunny Maui. The Maldives was named-dropped near the end of season two of "The White Lotus," leading fans to speculate it would be the next filming location. Cue the theories that "The White Lotus" is heading to the Southeast Asian nation known as "The Land of Smiles." Two characters spent the night in Villa Tasca in the second season of "The White Lotus." Beyond "The White Lotus," the broader trend of traveling to visit iconic TV and movie locations continues to grow.

☆ PGA Tour Reboots Website as Golf Seeks Wider Fan Base
▼ + stars: | 2023-02-06 | by ( Megan Graham | ) www.wsj.com time to read: +6 min

The PGA Tour is revamping its digital properties as it works to attract a broader group of fans to golf. The changes come as professional sports strive to draw younger fans who are showing less interest than older generations. The PGA Tour, a membership association for touring professional golfers that co-sanctions tournaments, is familiar with the dynamic. Bite-sized contentThe PGA Tour released a new app in November. “Golf is not a short game,” said Derek Fridman, a design partner at digital agency Work & Co, which worked with the PGA Tour on its digital reboot.

☆ Baidu, the Chinese search engine giant, announces ChatGPT-style AI bot
▼ + stars: | 2023-02-06 | by ( Michelle Toh | ) edition.cnn.com time to read: +2 min

Hong Kong CNN —Chinese search engine giant Baidu says it will be launching its own ChatGPT-style service. It will launch a new artificial intelligence chatbot called “Wenxin Yiyan” in Chinese, or “Ernie Bot” in English, a spokesperson told CNN on Tuesday. Baidu (BIDU) is currently testing the project internally and will likely roll out the service to users in March, the person said. The company did not provide further details, such as how the tool would look or whether it would appear as a feature within its popular search engine. Baidu’s AI investments can be seen as “both an offensive and defensive strategic move in China,” Daniel Ives, managing director of Wedbush Securities, told CNN.

☆ Twitter's ailing ad business offered a glimmer of hope as it lures big Super Bowl advertisers to platform on gameday weekend
▼ + stars: | 2023-02-01 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +5 min

The Super Bowl could be the most lucrative day for Twitter's ad business since Elon Musk's takeover. A handful of Super Bowl advertisers are poised to spend on Twitter on gameday weekend later this month, handing the beleaguered social media giant's ad business a much-needed boost, according to industry sources. A promoted trend costs $700,000 during the Super Bowl, compared to $100,000 on an ordinary day, Ad Age first reported. Upfront Super Bowl bookings on Twitter are still lower than in previous years, according to people familiar with the matter. To be sure, many big Super Bowl advertisers have no plans to appear on Twitter this time around.

☆ UK shop price inflation hits record 8% in January: BRC
▼ + stars: | 2023-02-01 | by ( David Milliken | ) www.reuters.com time to read: +2 min

[1/2] People shop next to the clubcard price branding inside a branch of a Tesco Extra Supermarket in London, Britain, February 10, 2022. Overall food prices, which include longer-life goods, rose by 13.8%, while non-food prices were 5.1% higher. BRC chief executive Helen Dickinson said she did not think shop prices had peaked yet, as retailers were still facing rising energy bills and labour shortages. The BRC collected its price data between Jan. 1 and Jan. 7. Figures released by market research company Kantar on Tuesday , which covered the four weeks to Jan. 22, showed annual grocery price inflation of 16.7%.

☆ The best company for growing your career, according to research: ‘Less than 5%’ of roles require a bachelor’s
▼ + stars: | 2023-01-31 | by ( Gili Malinsky | ) www.cnbc.com time to read: +3 min

Data research company the Burning Glass Institute, Harvard Business School and the Schultz Family Foundation recently ranked the 250 biggest U.S. public companies in terms of this kind of investment. Of all of the companies they surveyed, one stood out as the best place to grow your career: telecommunications giant AT&T. "In fact, less than 5% of all roles at AT&T require a college degree." "Additionally, of the roughly 45,000 roles we filled across the business in 2022, nearly 50% were filled by existing employees." Check out:The 10 best U.S. places to work in 2023, according to GlassdoorWant to land a remote job in 2023?

☆ 3 of TikTok's most popular financial influencers want you to know one thing: There's no one quick way to get rich
▼ + stars: | 2023-01-29 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +6 min

Most young Americans are on TikTok, and surveys have found that roughly a third of them are seeking financial guidance on the platform. The 34-year-old uses his knowledge to dole out investing advice for his over 500,000 followers across TikTok, Instagram, and Patreon. He produces what he hopes is "entertaining but also educational" financial content for his 1.6 million TikTok followers, he told Insider. He says "absolutely nothing" he posts should be taken as financial advice, however. That said, he shares his investing tips and opinions with his audience, as well as what has helped him personally as a crypto investor.

☆ How Google’s long period of online dominance could end
▼ + stars: | 2023-01-26 | by ( Brian Fung | ) edition.cnn.com time to read: +7 min

This week, the Justice Department accused Google of running an illegal monopoly in its online advertising business and called for parts of it to be broken up. In the meantime, two other thorny issues are poised to determine Google’s future on a potentially shorter timeframe: The rise of generative artificial intelligence and what appears to be an accelerating decline in Google’s online ad marketshare. An ad sales machine under pressureAll this has taken place against the backdrop of what seems to be an extended, multi-year decline in Google’s online advertising marketshare. One-off factors like the pandemic and the war in Ukraine, as well as fears of a looming recession, have broadly affected the online advertising industry. Whatever the cause, Google’s advertising business, which is still massive, seems to face growing headwinds.

☆ Thousands rally for 'Invasion Day' protests on Australia Day holiday
▼ + stars: | 2023-01-26 | by ( ) www.reuters.com time to read: +2 min

SYDNEY, Jan 26 (Reuters) - Thousands of Australians marked the country's national holiday on Thursday with rallies in support of the nation's Indigenous people, many of whom describe the anniversary of the day a British fleet sailed into Sydney Harbour as "Invasion Day". An annual poll by market research company Roy Morgan released this week showed nearly two-thirds of Australians say Jan. 26 should be considered "Australia Day", largely unchanged from a year ago. The rest believe it should be "Invasion Day". Australia's largest telecoms company, Telstra Corp Ltd (TLS.AX), this year gave its staff the option to work on Jan. 26 and take another day off instead. The constitution, which came into effect in January 1901 and can't be amended without a referendum, does not refer to the country's Indigenous people.

☆ Lawsuits over Stability AI's Stable Diffusion could threaten the future of AI-generated art
▼ + stars: | 2023-01-25 | by ( Asia Martin | ) www.businessinsider.com time to read: +7 min

Stability AI, the startup that makes the popular AI art tool Stable Diffusion, faces two lawsuits. The company's most well-known product is the controversial Stable Diffusion (also known as DreamStudio to users). Enter text into a search bar, and Stable Diffusion will, for a lack of a better word, draw an image to match, right on the spot. What's old is new againStability Diffusion released Stability AI in August, a time when the generative-AI market was starting to heat up. Mostaque's tweet added that Stability AI would offer "opt outs" and use alternate datasets and models with content licensed under the more-permissive creative-commons copyright process.

[1/2] Credit card is seen in front of displayed Visa logo in this illustration taken, July 15, 2021. REUTERS/Dado Ruvic/IllustrationJan 24 (Reuters) - U.S. card companies are expected to post the slowest revenue growth in seven quarters, as consumers tighten their purse strings and avoid spending on luxury and big-ticket items. Card firms pocket a small percentage of the dollar value of transactions and stand to lose out on fees if customers pivot away from buying luxury items. Shares in Visa, Mastercard and Amex closed last year between 3% and 10% lower. Mastercard and Visa are set to report quarterly results on Thursday, with AmEx rounding off the season on Friday.

☆ Microsoft invests billions in ChatGPT-maker OpenAI
▼ + stars: | 2023-01-23 | by ( Associated Press | ) www.nbcnews.com time to read: +3 min

Microsoft says it is making a “multiyear, multibillion dollar investment” in the artificial intelligence startup OpenAI, maker of ChatGPT and other tools that can write readable text and generate new images. The tech giant on Monday described its new agreement as the third stage of a growing partnership with San Francisco-based OpenAI that began with a $1 billion investment in 2019. The partnership positions Microsoft to sharpen its competition with Google in commercializing new AI breakthroughs that could transform numerous professions, as well as the internet search business. Microsoft’s supercomputers are helping to power the startup’s energy-hungry AI systems, while the Redmond, Washington-based tech giant will be able to further integrate OpenAI technology into Microsoft products. OpenAI started out as a nonprofit artificial intelligence research company when it launched in December 2015.

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