Author: arthursheikin@gmail.com

[ad_1] CNN  —  Tesla reported another record sales plunge Wednesday, as brand damage from CEO Elon Musk’s political activities and increased competition continued to batter the once fast-growing electric car maker. Tesla reported it sold 384,122 cars in the quarter, down nearly 60,000 cars, or 13.5% from the sales total a year ago. That marks the largest year-over-year drop in sales in the company’s history. However, that number is up 14.1% from its first quarter total. Despite the sales drop, shares of Tesla (TSLA) opened up nearly 4% in Wednesday trading following the report. That’s because it exceeded some analyst…

[ad_1] This as-told-to essay is based on a transcribed conversation with Sandy Yawn, a superyacht captain and star of ‘Below Deck Mediterranean.’ The following has been edited for length and clarity.When I started my yachting career more than 30 years ago, I’d never seen a woman captain.Women worked on ships, but they were few and far between in the world of yachts, and I’d never seen one at the helm.I fell into yachting, or maybe the job found me. When I started working maintenance on boats, I had no idea yachting could be a career. Decades later, I’m a superyacht…

[ad_1] When OpenAI leaders Nick Turley and Mark Chen talk about hiring, they don’t rattle off Ivy League credentials or AI competition wins.Instead, they value something far more human: curiosity and initiative.In a Tuesday episode of OpenAI’s podcast, Turley, the head of ChatGPT, said the single most important trait he looks for isn’t technical prowess, but curiosity.”It’s the number one thing that I’ve looked for,” Turley said. “And it’s actually my advice to students when they ask me, ‘What do I do in this world where everything’s changing?'””There’s so much we don’t know,” he said. “There’s a certain amount of…

[ad_1] Editor’s note: If you or someone you know is struggling with suicidal thoughts or mental health matters, please call the 988 Suicide & Crisis Lifeline by dialing 988 to connect with a trained counselor, or visit the 988 Lifeline website. CNN  —  Travis Tanner says he first began using ChatGPT less than a year ago for support in his job as an auto mechanic and to communicate with Spanish-speaking coworkers. But these days, he and the artificial intelligence chatbot — which he now refers to as “Lumina” — have very different kinds of conversations, discussing religion, spirituality and the…

[ad_1] President Donald Trump has made it clear what he wants: lower interest rates, and ASAP.That’s the thrust behind his yearslong feud with Jerome Powell, the Fed Chair who’s stood pat on interest rates, even amid pointed criticisms and threats from the president that his position is in jeopardy.Trump — who has, among other things, called Powell “too late,” a “major loser,” and “very stupid” — appeared to signal that he was ready to take his fight with Powell to the next level last week, after the Wall Street Journal reported that the president was considering announcing a new Fed…

[ad_1] I started my career in the US Coast Guard as a college sophomore in 1996. After graduating, I was stationed on a ship in Charleston, South Carolina, chasing drug runners in the Caribbean.I transitioned into crisis management and moved four times over the next 12 years. I responded to Hurricane Katrina in 2005 and worked on Capitol Hill as a congressional fellow for the late Congressman Elijah Cummings in 2007.I loved my career and learned from some exceptional leaders. I also had the misfortune of surviving a few toxic ones. I was one of 50 Black women officers out…

[ad_1] In Silicon Valley, it is the summer of compensation FOMO.Startup employees and venture investors have been swapping stories about eye-popping salary and equity packages as Meta CEO Mark Zuckerberg has rushed to pay top dollar to poach elite AI and machine-learning talent. While some people are getting offers in the tens of millions of dollars, others who aren’t getting such rich packages thrown their way are feeling left out.”There’s a ton of ripple effects I’m hearing in the Valley,” said Deedy Das, an AI investor at Anthropic backer Menlo Ventures. “There is a sense of jealousy, envy, and helplessness,…

[ad_1] Skims’ cofounder said he wanted the firm to become the Starbucks of underwear.Jens Grede, who cofounded the loungewear company with his wife Emma Grede and media personality Kim Kardashian, said he looks to the coffee chain a lot for inspiration.In a podcast episode with Colossus, released Tuesday, Grede said the “first sip feeling” with a Starbucks drink was a “distinct sensory experience.””Every office building in America has free coffee. My office has free coffee. Pretty good ones, too,” he said. “But I still think that Starbucks is worth my $5.50 or $6.””It’s at a premium, but it’s still available…

[ad_1] A new age of human-looking, multi-tasking robots may be here sooner than you think, says Vinod Khosla.In an episode of the “Uncapped” podcast published on Tuesday, the billionaire venture capitalist predicted that robots that don’t need to be programmed would be available in a few years. The 70-year-old VC’s notable investments include OpenAI, DoorDash, Block, and Impossible Foods.”Robotics will take a little longer, but I think we’ll have the ChatGPT moment in the next two to three years,” he said.Khosla said that these robots will most likely be humanoid. He said there will be enough demand for them to…

[ad_1] Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.EY breached independence rules for its audits of Shell in the US and in the UK, the energy major has revealed, putting the Big Four firm in regulators’ crosshairs again. Shell said on Wednesday that the EY partner who led the audit of its 2023 and 2024 financial results had exceeded the period allowed under strict rotation rules set by US regulators, meaning the individual was not eligible to perform that role. EY also told Shell that it had breached UK…