Microsoft (MSFT) is making a multi-year, multi-billion dollar investment in OpenAI, the company behind the much discussed artificial intelligence-powered chatbot, ChatGPT. The move comes as Microsoft looks to add OpenAI’s capabilities to its own software offerings, giving it a potential edge over competitors ranging from Salesforce (CRM) to Google (GOOG, GOOGL). “We formed our partnership with OpenAI around a shared ambition to responsibly advance cutting-edge AI research and democratize… Source link
Read More »Salesforce faces two activist investors amid layoffs, slowing growth
Already under siege from Wall Street analysts amid slowing growth, Salesforce execs have returned from schmoozing clients in the Swiss Alps at The World Economic Forum only to be greeted by one of the most feared activist investors in the game. Elliott Management has taken a multi-billion dollar position in Salesforce, a source familiar with the matter confirmed to Yahoo Finance, adding that the investment management behemoth may push for a board seat. “Salesforce is one of the preeminent… Source link
Read More »What investors need to hear from Tesla this week: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Monday, January 23, 2023 Today’s newsletter is by Brian Sozzi, an editor-at-large and anchor at Yahoo Finance. Follow Sozzi on Twitter @BrianSozzi and on LinkedIn. Read this and more market news on the go with the Yahoo Finance App. Last week in Davos, Elon Musk didn’t come up in one chat — on or off the record — among any of the 75+ business… Source link
Read More »Mike McCarthy apologizes to cameraman after postgame misunderstanding
SANTA CLARA, Calif. — After the Dallas Cowboys lost a 19-12 divisional playoff game to the San Francisco 49ers on Sunday, head coach Mike McCarthy said emotions ran high. “It’s very tough,” McCarthy said. “In those moments, you just have to be real and genuine. “It’s raw in the locker room right now.” Emotions were raw, too, as the Cowboys left the Levi’s Stadium field after the game. A photo of McCarthy approaching the tunnel near the western end zone opened questions about… Source link
Read More »Was it his last with Dallas?
The Dallas Cowboys were forced to desperate measures at the end of Sunday’s 19-12 playoff loss to the San Francisco 49ers. As the final score indicates, those measures didn’t pan out. And they spelled an unceremonious end to Ezekiel Elliott‘s season in what could be his final game in a Cowboys uniform. Facing third-and-10 at their own 24-yard line with six seconds remaining, the Cowboys faced little choice but to empty the playbook while trailing by seven. Empty the playbook, they did. Under… Source link
Read More »49ers deny Cowboys in playoffs again; advance to another NFC championship game
San Francisco 49ers linebacker Fred Warner led the charge in a fierce defensive effort against the Dallas Cowboys in their divisional playoff game at Levi’s Stadium on January 22, 2023 in Santa Clara, California. (Photo by Lachlan Cunningham/Getty Images) For the second straight season, the San Francisco 49ers knocked the Dallas Cowboys out of the playoffs. In a grind-it-out defensive struggle, the 49ers prevailed 19-12 in the divisional playoff game at Levi’s Stadium. Last season, San… Source link
Read More »Defense carries 49ers to a win over Cowboys and trip to NFC championship game
Every play for the Dallas Cowboys seemed like a struggle. Getting positive yardage required a huge effort or inspired play. In a conference championship round filled with star quarterbacks, the San Francisco 49ers‘ defense might end up being the star of the NFL’s final four. San Francisco’s defense kept the team in the game until the offense got something going. The 49ers took a lead with Christian McCaffrey‘s 2-yard touchdown run to start the fourth quarter and then went on a long, grinding… Source link
Read More »Defense carries 49ers to a win over Cowboys and trip to NFC championship game
Every play for the Dallas Cowboys seemed like a struggle. Getting positive yardage required a huge effort or inspired play. In a conference championship round filled with star quarterbacks, the San Francisco 49ers‘ defense might end up being the star of the NFL’s final four. San Francisco’s defense kept the team in the game until the offense got something going. The 49ers took a lead with Christian McCaffrey‘s 2-yard touchdown run to start the fourth quarter and then went on a long, grinding… Source link
Read More »Citadel Makes $16 Billion to Top Paulson’s ‘Greatest Trade Ever’
(Bloomberg) — Ken Griffin’s Citadel churned out a record $16 billion in profit for clients last year, outperforming the rest of the industry and one of history’s most successful financial plays. Most Read from Bloomberg The top 20 hedge fund firms collectively generated $22.4 billion in profit after fees, according to estimates by LCH Investments, a fund of hedge funds. Citadel’s gain was the largest annual return for a hedge fund manager, surpassing the $15 billion that John Paulson… Source link
Read More »Joe Burrow, Bengals plow past Bills in snowy AFC divisional game
With heavy snow falling all day long at the Buffalo Bills’ Highmark Stadium, it was the visiting Cincinnati Bengals who looked like the more comfortable team in the conditions. Joe Burrow calmly carved through Buffalo’s defense and led his Bengals to their second straight AFC championship game with a 27-10 win on Sunday in the divisional round. In a battle of two of the game’s best quarterbacks, Burrow and Buffalo’s Josh Allen, only one offense was able to get off the ground. Allen and co…. Source link
Read More »