Tag Archives: Big

Bob Iger will face yet another challenge as Disney (DIS) CEO — activist investor Nelson Peltz. On Wednesday, Disney announced Nike executive chairman Mike Parker will take over Susan Arnold’s position as chairman of the board, and also recommended shareholders vote against Peltz in his efforts to win a seat on the company’s board. “While senior leadership of The Walt Disney Company and its Board of Directors have engaged with Mr. Peltz numerous times over the last few months, the Board does… Source link

Innovation is almost always welcomed in the ever-changing tech world. But the latest artificial intelligence trend taking the industry by storm could spell trouble for Google-parent Alphabet ‘s profitability near term, according to Morgan Stanley. This emerging threat, known as ChatGPT, went viral when it debuted in November, amassing a million users within days of its launch. Developed by San Francisco-based OpenAI and backed by Microsoft and LinkedIn co-founder Reid Hoffman, the chatbot… Source link

The layoff axe swinging at Salesforce may be yet another sign that Big Tech still remains too bloated after years of aggressive hiring into a potential sharp 2023 economic slowdown. “I think we will see more layoffs,” Independent Wealth Solutions Management portfolio manager Paul Meeks said on Yahoo Finance Live (video above), adding that “these companies have probably gotten fat over the years, so I expect continued trimming.” Tree trimming contractors work to cut down a large tree stump… Source link

Image: Getty Images/iStockphoto Microsoft’s $1 billion investment in OpenAI that helped produce ChatGPT could soon be used to improve its search engine, Bing, according to a story from The Information.  Bing could be getting ChatGPT-enhanced search capabilities as early as March in a move that capitalizes on Microsoft’s $1 billion investment in Open AI in 2019, which included an exclusive multi-year cloud-computing partnership to build new Azure AI supercomputing technologies.  Also:  Source link

Netflix (NFLX) shares have been on a tear over the last six months of the year. But investors will have plenty to worry for the company in 2023, according to one Wall Street analyst. Needham’s Laura Martin argued in a new client note on Thursday the stock will battle several headwinds in the new year including slowing subscriber growth and increased pressure on its key financial metric, average revenue per user, or ARPU. Shares of Netflix, down about 50% since the start of the year, have… Source link

“We had over 400 launches this year,” Nadig said, which he thinks could be a record. Looking at funds that launched this year, Nadig noted the Fairlead Tactical Sector ETF (TACK ), which uses a sector rotation strategy and technical analysis. Since its launch in March, it’s beaten the S&P by about 10%. “It’s a hole in the marketplace, there’s not a lot of these actively managed, technical rotation type strategies out there,” Nadig said, noting that this has been several… Source link

Captcha, vector illustration Denis Lytiagin | Istock | Getty Images Have you ever been left confused by the mutated text that often appears when trying to make an online purchase, asking you to prove you’re not a robot? Or gotten a headache from squinting at your screen, trying to figure out if one of the boxes actually has a bike, car, boat, stop sign or traffic light in it? These are called CAPTCHAs – an acronym standing for “Completely Automated Public Turing test to tell Computers and… Source link

Subscribe to the Yahoo Fantasy Football Forecast Matt Harmon is joined by Andy Behrens and Scott Pianowski to preview all of the Saturday, Sunday and Monday NFL games happening in Week 15 to help you win your fantasy football playoff matchup. Can you trust Dallas Goedert this week? Is Miles Sanders a terrible fantasy football analyst? What can we expect from Desmond Ridder (and will he help Drake London)? Lots of questions are answered in this very fun episode. Andy makes the pitch that Texans… Source link

Companies like TomTom have struggled for years to beat Google Map’s might in the world of navigation and geolocation, but a partnership facilitated by the Linux Foundation might offer them and the likes of Meta and Microsoft a new means of one-upping the current king.Image: TomTom Some of Google’s biggest rivals are coming together in a kind of rogues gallery with the hopes of creating new open source services to knock Google Maps from its mapping throne. On Thursday, the nonprofit Linux… Source link

The NBA’s annual trade window unofficially opens Thursday, when the majority of free agents who signed new contracts this past summer become eligible to be moved. San Antonio Spurs center Jakob Poeltl figures to be an important name leading up to the Feb. 9 trade deadline. Poeltl, 27, will reach unrestricted free agency for the first time in July, and that uncertainty — as with Pacers big man Myles Turner — often leads to trades that precede offseason activity, allowing a team to… Source link