Author: arthursheikin@gmail.com
[ad_1] As President Donald Trump tries to force Lisa Cook out of her job at the Federal Reserve, her lawyers have pointed to a similar event in history — one where the president lost at the Supreme Court.On October 7, 1933, President Franklin D. Roosevelt fired William E. Humphrey from his post at the Federal Trade Commission. The reason was purely political: The president wanted to replace Humphrey with someone else who could better advance his priorities. “I do not feel that your mind and my mind go along together,” Roosevelt told Humphrey in a letter.Humphrey was no shrinking violet.…
[ad_1] Starbucks CEO Brian Niccol didn’t shy away from praising one of his company’s newest rivals during a recent speech.Niccol shared what he thinks he can learn from Luckin Coffee, a Chinese rival that opened its first US stores earlier this year, while speaking at the Fast Company Innovation Festival on September 16.Luckin is known for its unlikely flavors — think pineapple cold brew and coconut lattes — and impressively low prices. All ordering happens through an app, making the process impersonal and streamlined.When asked what he admires about the chain, Niccol pointed to their flavor combinations.”The one thing that they…
[ad_1] Are you a jerk? Don’t expect to ask your chatbot and get an honest answer.Anyone who has used bots like ChatGPT, Gemini, or Claude knows they can lean a little … well, suck-uppy. They’re “sychophants.” They tell you what you want to hear.Even OpenAI’s Sam Altman acknowledged the issue with the latest iteration of ChatGPT, which supposedly was tuned to be less of a yes man. Now, a study by university researchers is using one of the key barometers of knowing-if-you’re-a-jerk: Reddit’s “Am I the Asshole” page — where people post stories good and bad, and pose the age-old…
[ad_1] YouTube has put traditional media companies like Disney and Netflix on watch, grabbing the top spot in share of TV viewing among media companies for months running. But the Google platform is far from done.”It’s still early days,” Kurt Wilms, senior director of product, told Business Insider in an interview on Tuesday. “Especially with Gen Z.””YouTube’s always known that creators are the lifeblood of what people want to watch, and I think it’s flattering that other streamers are figuring that out and talking to creators, too,” he said.On Tuesday, YouTube announced a slew of new products and updates at…
[ad_1] With the Federal Reserve expected to resume its rate-cutting cycle on Wednesday, investors may start looking for new income opportunities in dividend-paying stocks. The market is pricing in 100% odds that the central bank decreases rates at its meeting, with the majority expecting a 25 basis point — or 0.25 percentage point — cut, according to the CME FedWatch tool . As a result, yields on cash instruments like money markets and short-term bonds should start to come down. Bond yields move inversely to prices. Falling bond yields generally make dividend payouts look relatively more attractive. Dividends are also…
[ad_1] For years, Big Tech CEOs have touted visions of AI agents that can autonomously use software applications to complete tasks for people. But take today’s consumer AI agents out for a spin, whether it’s OpenAI’s ChatGPT Agent or Perplexity’s Comet, and you’ll quickly realize how limited the technology still is. Making AI agents more robust may take a new set of techniques that the industry is still discovering. One of those techniques is carefully simulating workspaces where agents can be trained on multi-step tasks — known as reinforcement learning (RL) environments. Similarly to how labeled datasets powered the last…
[ad_1] Harjot Gill was running FluxNinja, an observability startup he co-founded several years after selling his first startup Netsil to Nutanix in 2018, when he noticed a curious trend. “We had a team of remote engineers who were starting to adopt AI code generation on GitHub Copilot,” Gill told TechCrunch. “We saw that adoption happen, and it was very clear to me that as a second-order effect, it’s going to cause bottlenecks in the code review.” In early 2023, Gill started CodeRabbit, an AI-powered code review platform, and it acquired FlexNinja. Gill’s prediction has come true: developers are now…
[ad_1] Before the Golden State Valkyries ever drafted a player, 15,000 fans had already placed deposits for season tickets.”This fan base acts as if we’ve been here for 30 years,” Jess Smith, the team’s president, told Business Insider.These sales set a high bar for the newest team in the Women’s National Basketball Association, which is seeing unprecedented growth. Record viewership has led the league to ink an 11-year media rights deal in July 2024 with Disney, Amazon Prime Video, and NBCUniversal, worth about $2.2 billion.With a majority of the season complete, the Valkyries became the first expansion team to clinch…
[ad_1] Nikola Tesla once said: “A thousand years hence the telephone and motion picture camera may be obsolete, but the principle of the rotating magnetic field will remain a vital living thing for all time to come.” Just today we added a 3% position in MP Materials , symbol “MP,” in our Active Opps portfolio and a 2% stake in our Tactical Alpha Growth portfolio. MP is the United States’ only large-scale producer of rare earth minerals, producing 15% of the world’s supply or rare-earth oxides — the essential building block of high-strength permanent magnets. According to the MP website,…
[ad_1] Gemini’s mobile adoption has been soaring since the August launch of its Nano Banana image editor model, which has received positive reviews, particularly from users who say they can now more easily perform complex edits and create realistic images. The app has climbed to the top of global app stores’ charts and has seen a 45% month-over-month increase in downloads in the month of September so far, according to new data provided by app intelligence firm Appfigures. Though the month is only half over, Gemini’s app has already gained 12.6 million downloads in September, up from 8.7 million in…