Business & Economy: 5 of 10
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81.
+18
Salesforce CEO says he took a 10-day 'digital detox' trip to French Polynesia in the wake of company layoffs
Salesforce CEO Marc Benioff told NYT he went to French Polynesia for a device-free trip after layoffs, and said the "digital detox" was "freeing."
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82.
+15
Tesla cofounder says he was 'basically unemployable' and out of money for 2 years after being ousted from the company
Martin Eberhard was forced to resign as CEO of the electric-car maker and left it in 2007. His history with Tesla is a sore subject for Elon Musk.
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83.
+22
Apple's retail staff is reportedly testing its 'buy now, pay later' service
Apple has expanded the internal testing for its Pay service's buy now, pay later feature to include its retail employees, according to Bloomberg. When the tech giant's experimental features make their way to its retail staff, that's typically a sign that it's going to be released in the near future. Apple Store workers started testing the company's credit card in 2019 a month before it became available, and staff at its HQ visitor center tested Tap to Pay shortly before the first partner companies like Square and PayPal launched support for the payment solution.
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84.
+17
Tesla Agrees To Open Thousands Of Its Chargers To Other EVs By 2024, White House Says
Tesla has agreed to open at least 7,500 proprietary chargers to other electric vehicles by 2024, as part of a wider policy effort by the Biden administration to establish a national network of 500,000 electric vehicle chargers across the U.S. by 2030.
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85.
+21
Bank of America: It only Takes $93 million to Move the Bitcoin Price 1%
A 2021 report from US banking giant Bank of America (BofA) claimed that at a price-tag of $60,000, it only took $93 million in capital to move the Bitcoin price by one percent. Since then, the BTC exchange supply ratio dropped precipitously, per the latest data.
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86.
+30
What is Google doing with its open source teams?
Nothing good – the recent layoffs hit its best and brightest leaders hard
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87.
+19
34-year-old's online business brings in $66,000/month: 'I never thought I could make money doing what I love'
I spent most of my childhood playing video games, and I won my first cash prize tournament at 17 years old. But I never thought I could make money doing exactly what I love. So I did what I thought I was expected to do: Go to college and get a traditional 9-to-5 job. After I graduated, I enlisted in the U.S. Army to take advantage of its student loan repayment program. But the dream of a career in video games lingered, and I drew up a business plan to become a full-time streamer.
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88.
+25
AI-powered investment fund beats the market by almost 100%
IBM's Watson supercomputer is working wonders in an area where OpenAI's ChatGPT does not have much to offer, the stock market. An exchange-traded fund (ETF) is using the power of artificial intelligence (AI) to balance its portfolio and has done pretty well for itself this year, ETF.com reported.
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89.
+28
11 of the Sleaziest Snake Oil Ads From Truth Social
Former President Donald Trump is reportedly planning to abandon Truth Social, the destitute social media platform he created after Twitter and Facebook kicked him off their sites. But in recent months, both Twitter and Facebook have welcomed him back. That’s bad news for Truth Social which, like all social media platforms, makes its money on holding users’ attention long enough to show them ads.
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90.
+31
Apple's iconic '1984' Super Bowl ad aired on this day 39 years ago
Almost 40 years ago, Apple Computer aired its now-iconic commercial introducing the Macintosh during Super Bowl XVIII. Although “1984” became a cultural phenomenon and a watershed moment for product launches, Apple’s Board of Directors was against it from the start.
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91.
+16
‘McDonald’s, I’m done’: Fast food chain’s new AI ordering system isn’t exactly going to plan according to bewildered TikTokers
Nine sweet teas. Two packs of butter. Four sides of ketchup. A caramel sundae. These are among the extra items baffled customers have had added to their orders as fast food chain McDonald’s continues to roll out its robot ordering system. The restaurant giant’s A.I. venture has been a long time in the making. In 2021, it announced a joint venture with IBM to “further accelerate the development of its Automated Order Taking (AOT) technology”.
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92.
+20
Warner Bros. Discovery May Not Combine HBO Max With Discovery Plus After All
Warner Bros. Discovery might be flip-flopping on a plan to combine its HBO Max and Discovery Plus streaming services into a single direct-to-consumer product. According to The Wall Street Journal, the debt-laden WBD now plans to keep Discovery Plus as a stand-alone service.
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93.
+31
Here's How Apple Has Avoided Layoffs and May Fare Better Than Peers
The combination of rising interest rates and ongoing inflation have led to cooling customer demand and shrinking advertising budgets lead Amazon, Microsoft, and now Google to dramatically hired like mad during the early pandemic years, but are now looking to rein in their spending.
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94.
+20
Under-screen Face ID patent describes what could be a next-generation Dynamic Island
An Apple patent granted today appears to describe a new approach to under-screen Face ID, which could also allow the company to embed additional sensors into an iPhone display. The patent seemingly describes an evolution of the Dynamic Island approach, but applied in a more flexible way …
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95.
+15
Is this the end of non-compete contracts?
The US Federal Trade Commission wants to ban non-compete agreements. That's a great idea in my book.
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96.
+22
Nashville vs. TN Legislature: Councilmembers worry GOP proposed bills could hurt city
Nashville’s mayor promised that people who live in Music City won’t pay for a new Titans stadium, but some Metro councilmembers are concerned a bill filed by GOP lawmakers could make th…
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97.
+26
Tesla surges above $500 billion market cap as its post-earnings rally helps pare last year's brutal rout
Tesla pushed above a market valuation of $500 billion on Thursday after the EV maker's record quarterly profit fueled a rally that chipped further away at last year's stock plunge. The stock jumped as much as to 11.7% to reach $161.42 a share, propelling the company's market capitalization to $510 billion.
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98.
+15
Amazon Is Pocketing Half of Retailers' Sales
A new report shows Amazon raised the total cost sellers are required to pay out toward warehouse storage fees, packaging, delivery, and advertising on the site.
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99.
+4
Government and Bank of England facilitate sale of Silicon Valley Bank UK
Silicon Valley Bank (UK) Ltd has today been sold to HSBC. HSBC is headquartered in London, is the largest bank in Europe and is one of the world’s largest banking and financial services institutions, serving 39 million customers globally. Customers of SVB UK will be able to access their deposits and banking services as normal from today.
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100.
+20
COVID is 'pretty much out of the models' for pharma companies: Wells Fargo analyst
Some health companies' quarterly earnings were boosted by COVID-19 products in the past few years, and most are starting to see a shift away from pandemic profits for 2023. Wells Fargo analyst Mohit Bansal said as much about three companies reporting earnings this week: "COVID is pretty much out of the models. Pfizer (PFE) is probably the only one in our coverage where it is still a significant part of it because it was their biggest business last year."