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☆ YouTube stars help NFL bring in more viewers, league says
▼ + stars: | 2024-02-09 | by ( Zach Vallese | ) www.cnbc.com time to read: +3 min

YouTube bet big on the NFL to boost its subscriber base, and content creators have been key to that push. After YouTube committed $2 billion per year to secure the rights to NFL Sunday Ticket, YouTube TV grew from 5 million subscribers in 2022 to more than 8 million this year. Enlisting some of YouTube's top creators to promote NFL Sunday Ticket helped drive engagement among tens of millions of users, the league said. A subscription to YouTube TV costs $73 per month, with an additional annual fee of $349 for access to NFL Sunday Ticket. YouTube TV enlisted familiar YouTube stars including lifestyle creators, vloggers and sports creators to attract new audiences to the NFL.

Persons: Christian Oestlien, Sean Evans —, Ian Trombetta, Nielsen, Tom Rogers, Rogers, Sundar Pichai Organizations: YouTube, NFL, NFL Sunday, Netflix, Disney, Nielsen Locations: U.S

☆ Google's CEO starts his morning reading this niche website. Zuck and Nadella like it too.
▼ + stars: | 2024-02-08 | by ( Aaron Mok | ) www.businessinsider.com time to read: +1 min

Google CEO Sundar Pichai doesn't read legacy media outlets first thing in the morning. Instead, Pichai reads a niche website called Techmeme which compiles tech news across outlets. Meta CEO Mark Zuckerberg and Microsoft CEO Satya Nadella are also readers of the site. AdvertisementGoogle CEO Sundar Pichai doesn't start his mornings reading the Wall Street Journal over a cup of coffee. Become an Insider and start reading now.

Persons: Sundar Pichai doesn't, Mark Zuckerberg, Satya Nadella, —, Techmeme Organizations: Meta, Service, Street, Wired, Bloomberg, CNBC, Business

☆ Google rebrands Bard AI to Gemini and launches a new app and subscription
▼ + stars: | 2024-02-08 | by ( Hayden Field | ) www.cnbc.com time to read: +4 min

Google on Thursday announced a major rebrand of Bard, its artificial intelligence chatbot and assistant, including a fresh app and subscription options. Google also announced new ways for consumers to access the AI tool: As of Thursday, Android users can download a new dedicated Android app for Gemini, and iPhone users can use Gemini within the Google app on iOS. Likewise, chief executives at tech giants from Microsoft to Amazon underlined their commitment to building AI agents as productivity tools. Google's Gemini changes are a first step to "building a true AI assistant," Sissie Hsiao, a vice president at Google and general manager for Google Assistant and Bard, told reporters on a call Wednesday. Currently, though, the tools, including Gemini, are largely limited to tasks such as summarizing, generating to-do lists or helping to write code.

Persons: Bard, OpenAI's, Sundar Pichai, Pichai, Sissie Hsiao, There's, Google's Hsiao, Hsiao Organizations: Google, Bard, Microsoft, GE, Spotify, Pfizer, Gemini Locations: Korean

☆ Watch CNBC's full interview with Alphabet and Google CEO Sundar Pichai
▼ + stars: | 2024-02-08 | 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 EmailWatch CNBC's full interview with Alphabet and Google CEO Sundar PichaiAlphabet and Google CEO Sundar Pichai joins 'Squawk Box' to discuss the company's AI rebranding from Bard to Gemini, the launch of the paid 'Gemini Advanced' version, how Gemini stacks up against Microsoft and other AI competitors, deepfake concerns, state of the streaming wars, tech layoffs, and more.

Persons: Sundar Pichai, Bard, Gemini Organizations: Microsoft

☆ Alphabet CEO Sundar Pichai on layoffs: Important to create capacity from within to invest for future
▼ + stars: | 2024-02-08 | 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 EmailAlphabet CEO Sundar Pichai on layoffs: Important to create capacity from within to invest for futureAlphabet and Google CEO Sundar Pichai joins 'Squawk Box' to discuss the company's AI rebranding from Bard to Gemini, the launch of the paid 'Gemini Advanced' version, how Gemini stacks up against Microsoft and other AI competitors, deepfake concerns, state of the streaming wars, tech layoffs, and more.

Persons: Sundar Pichai, Bard, Gemini Organizations: Microsoft

☆ Alphabet CEO Sundar Pichai: Gemini allows us to push the boundaries of where we need to go
▼ + stars: | 2024-02-08 | 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 EmailAlphabet CEO Sundar Pichai: Gemini allows us to push the boundaries of where we need to goAlphabet and Google CEO Sundar Pichai joins 'Squawk Box' to discuss the company's AI rebranding from Bard to Gemini, the launch of the paid 'Gemini Advanced' version, how Gemini stacks up against Microsoft and other AI competitors, deepfake concerns, state of the streaming wars, tech layoffs, and more.

Persons: Sundar Pichai, Bard, Gemini Organizations: Microsoft

☆ Tech execs are telling investors they have to spend money to make money on AI
▼ + stars: | 2024-02-02 | by ( Hayden Field | ) www.cnbc.com time to read: +10 min

One theme investors heard repeatedly from top execs is that, when it comes to AI, they have to spend money to make money. Last year marked the beginning of the generative AI boom, as companies raced to embed increasingly sophisticated chatbots and assistants across key products. One key priority area, based on the latest earnings calls, is AI models-as-a-service, or large AI models that clients can use and customize according to their needs. Alphabet executives highlighted Vertex AI, a Google product that offers more than 130 generative AI models for use by developers and enterprise clients such as Samsung and Shutterstock. Alphabet executives touted Google's Duet AI, or "packaged AI agents" for Google Workspace and Google Cloud, designed to boost productivity and complete simple tasks.

Persons: Sundar Pichai, Mandel Ngan, Satya Nadella, Mark Zuckerberg, Josh Edelson, Zuckerberg, Nadella, Amy Hood, Pichai, You've, durably, Ruth Porat, Andy Jassy, Jassy, Tim Cook, Cook, Thos Robinson, Microsoft's, Rufus, Bard Organizations: Artificial Intelligence, AFP, Getty, Microsoft, Apple, Nvidia, Meta, Google, Amazon, New York Times, Samsung, GE, Spotify, Pfizer Locations: Washington ,, Menlo Park , California, LLMs, New York City

☆ Why dragging tech CEOs in front of Congress might mean something this time
▼ + stars: | 2024-02-01 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +6 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. But his consistent criticism of some of the real issues happening in Big Tech has sometimes reminded me of a classic Clickhole headline: "Heartbreaking: The Worst Person You Know Just Made a Great Point." Section 230 is controversial and has become a rallying point for some conservatives and others, who think it allows Big Tech to hide from criticisms that it isn't fair to all sides. Clearly, these big platforms haven't succeeded — sometimes motivated by a whole bunch of internal factors, including profit. AdvertisementBut if there were some magic bullet to stop child exploitation, I truly believe the companies would've used it by now.

Persons: —, Sen, Josh Hawley, Hawley, Mark Zuckerberg, flay, Sundar Pichai, Zuckerberg, Utah Sen, Orrin Hatch, Zuckerberg blinked, Meta, sextortion, Marsha Blackburn, Wednesday's, there's Organizations: Service, Big Tech, Republican, Business, Twitter, Google, Facebook, Street, Meta, ACLU, Electronic Frontier Foundation Locations: Big, Missouri, Utah, Florida, Tennessee

☆ Why don't many executives take pay cuts to avoid layoffs? An ex-Microsoft HR VP explains.
▼ + stars: | 2024-02-01 | by ( Chris Williams | ) www.businessinsider.com time to read: +6 min

The executives in charge never seem to pay a price for the pain they cause, and here are several reasons why. AdvertisementFor these companies, cutting 10,000 employees saves them in the neighborhood of a billion dollars a year in costs. More importantly, boards see handcuffing the executive to the stock price roller coaster as a good thing. If they take action that increases the company's value and its stock price, everyone wins. The difference then is the stock package and the stock price — just what the boards of these companies want.

Persons: —, there's, I've, Google's Sundar Pichai, Satya Nadella, it's, Sundar, you'll, They're, Sundar Pichai, Tim Cook, Chris Williams Organizations: Service, Microsoft, Business, Apple

☆ Google cofounder Larry Page quietly bought a Puerto Rico island for $32 million, records show
▼ + stars: | 2024-02-01 | by ( Hugh Langley | ) www.businessinsider.com time to read: +7 min

The Google cofounder purchased Cayo Norte, a large private island in Puerto Rico, in 2018, according to documents reviewed by Business Insider. Cayo Norte sits about 20 nautical miles east of Puerto Rico and just northeast of Culebra, another island that forms an archipelago. Cayo Norte is known for its white sandy beaches, surrounding coral reefs, and preserving a refuge for endangered sea turtles. Google cofounder Larry Page bought Cayo Norte, an island in Puerto Rico. Page purchased the Lollik islands, which sit 23 miles east of Cayo Norte, in 2014 for $23 million, BI previously reported.

Persons: —, Larry Page, Page, Lucinda Southworth, Cristina Rosado, Southworth, Dan Shelley, Hugh Langley, Shelley, Louis Padrón, Richard Gautier, Wayne Osborne, Great Hans Lollik, Hans Lollik, Osborne, Lucinda Southworth C, Mary Ann Lucking, Lucking, Sergey Brin, Kimberly White, Sundar Pichai, Brin, Kitty Hawk Organizations: Service, Google, Business, Virgin Island Properties, US Virgin, BI, LLC, Area, Cayo Norte, SVI Investments, Virgin Islands Locations: Cayo Norte, Puerto Rico, Caribbean, US, Puerto Rico's Fajardo, Cayo, Culebra, SVI, Padrón, Virgin, Great, Conservation, Kimberly White Cayo

☆ Why was a revolting YouTube video of a purported decapitated head left online for hours?
▼ + stars: | 2024-01-31 | by ( David Goldman | ) edition.cnn.com time to read: +4 min

New York CNN —A disturbing video of a man holding what he claimed was his father’s decapitated head circulated for hours on YouTube. The incident is one of countless examples of gruesome and often horrifying content that circulates on social media with no filter. The horrifying decapitation video was published hours before major tech CEOs are headed to Capitol Hill for a hearing on child safety and social media. Our teams are closely tracking to remove any re-uploads of the video.”But online platforms are having difficulty keeping up. Advocates say that tech platforms can no longer be left to self-regulate.

Persons: Taylor Swift, Sundar Pichai, Justin Mohn’s, they’re, Elon Musk, YouTube haven’t, they’ve, ”, Josh Golin, James Steyer, Steyer Organizations: New, New York CNN, Facebook, Capitol, YouTube, Elon, Amazon, Microsoft, Big Tech Locations: New York

☆ Working for Google used to be 'sexy and exciting,' with a strong sense of security. Now, not so much.
▼ + stars: | 2024-01-31 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. The tech giant has been caught up in the wave of tech layoffs sweeping the industry. Unsurprisingly, the cuts have gone down badly with remaining Google employees, with some lashing out at the tech giant's "boring and glassy-eyed" leaders. "The reason they're taking it harder is that it's not a feeling of 'Google doing what Google has to do.' AdvertisementHe added: "Working for Google is just not as sexy and exciting as it used to be, especially if you are at risk of being laid off anytime."

Persons: —, Sundar Pichai, Severance, Ben Hardy, Hardy, Thomas Roulet, it's, Roulet, They're, Google's Organizations: Service, Google, Business, London Business School, Workers Locations: Cambridge

☆ Google's layoffs already impacted its culture. Now they're affecting its bottom line.
▼ + stars: | 2024-01-31 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

In today's big story, we're looking at highlights from two of the world's biggest tech companies' earnings reports, including how much layoffs cost for one of them. Tech: Tech CEOs will testify before Congress today for a hearing on child safety. Mateusz Wlodarczyk/Getty ImagesThere's been plenty of speculation about what Google's mass layoffs last year meant for its famous culture. Jerod Harris/Getty ImagesCongress is set to grill some of the biggest names in tech today. Leaders from Meta, X, TikTok, and other tech companies will face questions over their platforms' efforts to protect children from sexual exploitation online.

Persons: It's, Sundar Pichai, Mateusz Wlodarczyk, Sarah Jackson, Satya Nadella Stephen Brashear, Hisham Ibrahim, Jerome Powell's, Claudia Sahm, Powell, Linda Yaccarino, Jerod Harris, Linda Yaccarino's, Jack Dorsey's Block, Dorsey, Brooks Kraft, Dan DeFrancesco, Hallam Bullock, Jordan Parker Erb Organizations: Business, Tech, Google, Microsoft, Getty, Bloomberg, JPMorgan, Meta, Elon Musk's, Brooks Kraft LLC, Los Angeles Times, UPS, Bureau of Labor Statistics, Amazon, Boeing, Mastercard Locations: Chipotle, New York, London

That's Wall Street's reaction to quarterly results on Tuesday from Alphabet and Microsoft . Both companies reported revenue and earnings that exceeded estimates, yet the stocks sold off in extended trading. Alphabet on Tuesday reported 13% revenue growth, the fastest rate of expansion since early 2022. Revenue at Microsoft increased 18% to $62.02 billion, topping the $61.12 billion average analyst estimate. Both companies also beat expectations in their cloud businesses, with Google Cloud reporting 25% growth and Microsoft's larger Azure and other cloud services expanding by 30%.

Persons: Sundar Pichai Organizations: Americas, U.S . Chamber, Commerce, Microsoft, Apple, Google Locations: Los Angeles , California

☆ Alphabet set to report fourth-quarter earnings after the bell
▼ + stars: | 2024-01-30 | by ( Ari Levy | ) www.cnbc.com time to read: +4 min

Alphabet is scheduled to report fourth-quarter earnings Tuesday after the market closes. Revenue: $85.33 billion, according to LSEG. $85.33 billion, according to LSEG. $8.94 billion, according to StreetAccount. Between 2015 and the end of 2021, revenue growth reached at least 15% in all but three quarters.

Persons: Sundar Pichai, Pichai, — CNBC's Jennifer Elias Organizations: Allen, Co . Media, Technology Conference, Google, Microsoft, Meta, YouTube, Amazon Web Services, KeyBanc, Markets, Tech, Apple Locations: Sun Valley , Idaho

At Meta, in CEO Mark Zuckerberg's words, 2023 was the "year of efficiency," and the stock jumped almost 200% alongside 20,000 job cuts. AI demand is so great that some tech companies are cutting headcount in parts of the business to invest more heavily in developing AI products. Phil Spencer, CEO of Microsoft Gaming, appears at the Political Opening of the Gamescom conference in Cologne, Germany, on Aug. 23, 2023. Within tech, a wide variety of companies, big and small and spanning the consumer and enterprise markets, are eliminating jobs. But, he added, there's an "enormous base" of small and mid-sized tech companies across the U.S., and that in some cases contractors, freelancers and overseas workers are being hit particularly hard.

Persons: Peter Kramer, They've, Mark Zuckerberg's, Zeile, Phil Spencer, Franziska Krug, Sundar Pichai, Bob Carrigan, Nigel Vaz, Publicis Sapient, Salesforce, Meta's, " Vaz, Levi Strauss, Bob Bakish, Tim Herbert, Herbert, there's, Vaz, Michael Bloom, Annie Palmer, Jennifer Elias Organizations: Nasdaq, CNBC, Apple, Meta, Microsoft, Investors, Activision Blizzard, SAP, Microsoft Gaming, Facebook, Citigroup, Paramount, Commerce Department, Gross Locations: Cologne, Germany, U.S

☆ AI hiring frenzy to fuel layoffs in other tech segments as firms strive to balance costs
▼ + stars: | 2024-01-26 | by ( Sheila Chiang | ) www.cnbc.com time to read: +1 min

(Photo by Jakub Porzycki/NurPhoto via Getty Images)As tech firms prioritize investments into artificial intelligence and go on a hiring spree, other segments are likely to see layoffs continue into 2024, according to industry experts. More than 20,000 tech employees have already lost jobs so far in 2024, according to tracker layoffs.fyi. "Google and the rest of Big Tech are betting big on AI while cutting back on non-strategic areas. Layoffs will continue to happen for Big Tech in some areas while the hiring frenzy in AI will be unprecedented as this arms race continues across the tech world," Dan Ives, managing director at Wedbush Securities, told CNBC. Google CEO Sundar Pichai last week warned employees there would be more job cuts this year as the company continues to shift investments toward AI.

Persons: Jakub Porzycki, Dan Ives, Sundar Pichai, Pichai Organizations: Getty, Google, Big Tech, Wedbush Securities, CNBC, Microsoft Locations: Krakow, Poland

☆ Tech layoffs are expected to continue as companies seek to hire more AI talent, analyst says
▼ + stars: | 2024-01-26 | by ( Aaron Mok | ) www.businessinsider.com time to read: +3 min

And more Big Tech layoffs may be coming this year as companies bet big on AI, an analyst told CNBC. As of January 2024, 89 tech companies have laid off almost 25,000 employees, according to tracker site Layoffs.fyi. "Google and the rest of Big Tech are betting big on AI while cutting back on non-strategic areas," Dan Ives, a tech analyst at Wedbush Securities, told CNBC. Layoffs will continue in some areas, while"the hiring frenzy in AI will be unprecedented as this arms race continues across the tech world." But while growing investment in AI may soon put more out of work, new roles are being created within the AI space.

Persons: —, it's, Dan Ives, Ives, Sundar Pichai Organizations: Big Tech, CNBC, Google, Service, Wedbush Securities, Business, Amazon, Prime, Amazon MGM Studios, SAP, Apple, Meta, Nvidia

☆ Salesforce is the latest tech company to cut jobs with 700 layoffs, report says
▼ + stars: | 2024-01-26 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

The cuts will affect around 700 employees, The Wall Street Journal reported. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. The layoffs are the latest in a wave of cuts sweeping the tech industry this month. More than 20,000 tech workers across 80 companies have been affected by job cuts in the first month of the year, according to tracker Layoffs.fyi . January is historically a common month for layoffs as companies adjust budgets and plans for the new year.

Persons: Salesforce, —, Marc Benioff's, Sundar Pichai Organizations: Street Journal, Service, Business, Industry, Google, Tech

☆ TECH'S JOB-CUTS JANUARY
▼ + stars: | 2024-01-24 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +3 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . But by the third week of the month, layoffs had become a reality for many in tech. More than 70 tech companies have swung the ax so far this year, affecting more than 13,000 workers, according to tracker Layoffs.fyi. January is historically a common month for layoffs as companies adjust budgets and plans for a new year. In January 2023, more than 270 tech companies laid off nearly 90,000 employees, according to Layoffs.fyi.

Persons: —, Sundar Pichai, Dan Clancy, it's, Jason Citron Organizations: Industry, Google, Service, Tech, Workers, Prime, Amazon MGM Studios, YouTube, eBay Locations: TikTok, overhiring

☆ A leaked email from YouTube to creators outlines the new rules for joining its exclusive short-form community program
▼ + stars: | 2024-01-24 | by ( Marta Biino | Amanda Perelli | ) www.businessinsider.com time to read: +2 min

Read previewYouTube is introducing stricter rules for joining its exclusive community support program for short-form creators. This month, members of the creator community were notified that the support would get more exclusive, to ensure "the most engaged and interested creators" were being managed, according to an email viewed by Business Insider. The creator asked to remain anonymous to protect their relationship with YouTube, but their identity is known to BI. The decision to make the shorts community more exclusive didn't come as a surprise to many creators, given the increased popularity of the feature. AdvertisementAnd according to data from the creator-marketing platform CreatorIQ, brands increased their influencer-marketing spend on YouTube shorts by 700% in 2023.

Persons: —, Sundar Pichai, we're Organizations: Service, Business, YouTube, Google

☆ Google's efforts to shrink its workforce in Korea has hit a snag as some employees are refusing to go
▼ + stars: | 2024-01-23 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

About 10 Google employees from its office in Seoul have accepted the company's suggestion to resign, the report said. Around 100 Google workers in Korea formed a union last year due to mounting concerns over the industry-wide layoffs in the US. "With the ongoing job cuts within the US tech industry, employees have been concerned about their job security and decided to establish a union," Kim Jong-sub, head of the Google Korea union, told Korea Herald last April. Google laid off 12,000 employees in 2023 — about 6% of its headcount — and it's continuing to make job cuts this year. A total of 262,595 employees were laid off from 1,186 tech companies in 2023, Layoffs.fyi, which tracks job cuts, showed.

Persons: KangNam, Bongsoo Jung, Kim Jong, Sundar Pichai, Hugh Langley, Google didn't Organizations: Service, Google, Korea JoongAng Daily, Business, Google Korea, Korea Herald, Korea Locations: South Korea, Korea, Seoul

☆ eBay is laying off 1,000 employees, about 9% of its staff
▼ + stars: | 2024-01-23 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +2 min

New York CNN —eBay is cutting 1,000 roles, about 9% of its full-time employees, the company’s CEO announced online Tuesday. CEO Jamie Iannone cited the “challenging macroeconomic environment” as an external pressure but added that there are factors the company can control. “We’re committed to treating everyone with respect and empathy through this transition and providing impacted employees with support and resources,” Iannone said. The eBay action is the latest round of layoffs to hit the tech industry in the first month of 2024, after an already difficult 2023 for the sector. Almost 11,000 tech employees have been laid off at 63 companies so far in 2024, according to data from layoffs.fyi.

Persons: Jamie Iannone, Iannone, ”, “ We’re, ” Iannone, Sundar Pichai, ” Duolingo, Brian Fung, Jennifer Korn, Clare Duffy, Catherine Thorbecke Organizations: New, New York CNN, eBay, Google Locations: New York, layoffs.fyi

☆ Alphabet cuts ties with Australian AI firm that helped train Bard and Google Search
▼ + stars: | 2024-01-23 | by ( Hayden Field | ) www.cnbc.com time to read: +4 min

Google and Alphabet CEO Sundar Pichai departs federal court on October 30, 2023 in Washington, DC. Appen, based in Australia, has helped train AI models for a star-studded list of tech behemoths. Five customers — Microsoft , Apple , Meta , Google and Amazon — have in the past accounted for 80% of Appen's revenue. Alphabet accounted for roughly one-third of Appen's revenue, meaning the decision to end the relationship will impact "at least two thousand subcontracted Alphabet workers," according to a statement Monday from the Alphabet Workers Union. Alphabet has cut contractual ties with Appen , the artificial intelligence data firm that helped train Google's chatbot Bard, Google Search results and other AI products.

Persons: Sundar Pichai, Pichai, Appen, Bard, Appen's, OpenAI's ChatGPT, Google's Bard, didn't, Bard chatbot Organizations: Google, Microsoft, Apple, Alphabet Workers, Appen, Revenue, Australian Securities Exchange, CNBC, Adobe, Nvidia, U.S . National Labor Relations Board Locations: Washington ,, Australia

☆ A Michigan computer science major says he sent out 456 internship applications and only got 3 offers
▼ + stars: | 2024-01-22 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +2 min

Read previewComputer science major Oliver Wu says he pulled out all the stops in his quest for a summer internship. This story is available exclusively to Business Insider subscribers. "I started applying in July, and soon I hit 200 applications," Wu said, adding that he was making 15 to 20 applications a day before the school term began. AdvertisementLast week, Google CEO Sundar Pichai told staff to brace for more job cuts this year. Wu did not immediately respond to a request for comment from Business Insider sent outside regular business hours.

Persons: —, Oliver Wu, Wu, Wu isn't, Sundar Pichai, Pichai Organizations: Service, University of Michigan, Business, Newsweek, Ford, Tech, Business Insider

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