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The Latest Breaking News from CNBC

Renegade SEC Commissioner Wants To Save Crypto: Live With Hester Peirce, Nick Gillespie, and Zach Weissmueller

Join Reason on YouTube and Facebook on Thursday at 1 p.m. ET for a discussion of what the SEC's settlement with crypto giant Kraken means for the future of decentralized finance

Reason

Microsoft and Google are in a ‘Game of Thrones’ battle over A.I., Wedbush’s Dan Ives says

Tech companies are racing to figure out how to implement A.I. in their products, and it’s not just about search engines.

Fortune

'Father of the internet’ Vint Cerf tells investors to think before pouring money into A.I. bots like ChatGPT

Google evangelist Vint Cerf thinks investors should "be thoughtful" before pouring money into ChatGPT-like tools just because they are cool.

Fortune

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read the most diverse news in one place.

Microsoft's demo of Bing AI also made factual errors

Tech leaders are increasingly warning that A.I. programs like ChatGPT and Google's Bard can give convincing, yet entirely incorrect, answers.

Fortune

Inflation may stick around for a decade because of millennial and Gen Z spending

Will young Americans' spending habits be what causes inflation to stick around longer?

Fortune

The SEC gives crypto a fresh scare

Recent enforcement actions constitute the clearest warning yet.

Axios

Tesla Stock Could Hit $1,500 A Share By 2030, Says Investor Ron Baron

Tesla stock is back on the rise after a miserable end of 2023. The EV maker cut prices and demand is high. It seems EVs are catching on and are here to stay.

InsideEVs

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Biden says Chinese spy balloon was ‘not a major breach’ of national security after crucial evidence lost in ocean

The president says he wanted it to be shot as soon as possible

The Independent UK

Disney CEO Bob Iger says success made him ‘overconfident’ and dismissive of others. Now he wants to bring more ‘self-awareness’ to his second stint with the company

Iger recently returned to the helm of the entertainment giant.

Fortune

Santos linked to bad checks to breeders

According to Santos, someone had stolen his checkbook

Salon

Dominion nails Fox News over fraud proof

Dominion's attorney took the company's complaints to a judge

Salon

Kids valentines are too damn competitive

Forget homemade or mere paper sentiments. Don't show your face in class unless your cards come with a bonus item

Salon

Signs of life in the housing market could spell trouble

"All things being equal, that means we'd have to do more with our other tools," Minneapolis Fed President Neel Kashkari says.

Fortune

Look Out Google, Microsoft Is Coming For Search Share: Why Satya Nadella Says ‘I’ve Never Ever Felt This Liberated In Terms Of Opportunity’

Microsoft Corp (NASDAQ: MSFT) doubled down on its investment in OpenAI's ChatGPT last month, and among the many use cases, the tech giant has set its sights on arguably the most near-term AI opportunity

Zenger

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Fortune

Ford’s CEO is the new face of a more ‘efficient’ corporate America after getting candid and hinting at more layoffs: ‘It takes us 25% more engineers to do the same work’

CEOs are channeling their companies' economic woes into a push for greater efficiency.

Fortune

Morgan Stanley's chief strategist thinks investors are in for a bumpy ride after they realize there's no more Fed rate cut 'heroin'

“Once people realize the Fed’s not cutting rates—there’s no more heroin, so to speak—then we’re going to price the fundamentals, which are clearly deteriorating in our view,” Wilson told CNBC Tuesday.

Los Angeles Times

Jay Leno broke bones in a recent motorcycle accident — and now his 'Garage' is canceled

Jay Leno broke his collarbone and several other bones in a motorcycle accident last week, the comic revealed in an interview published Thursday night. The revelation comes less than two months after he suffered second-degree burns in a car fire in his Burbank garage — and at the same time…

Motor1

[UPDATE] Report: Jay Leno's Garage TV Series Cancelled

The network is allegedly changing its programming strategy during primetime. Leno's show doesn't fit with that plan.

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news in one place.

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Tribune News Service

As Boeing posts more red ink, CEO cites progress, swipes at FAA

Still struggling with a wobbly supply chain and production slowdowns, Boeing lost $663 million, or $1.06 per share, in the fourth quarter despite Wall Street analysts’ expectation of a profit.

Fortune

JPMorgan’s top strategist warns stocks have a 10%-plus drop ahead: ‘Things have to get worse before they can get better’

“I think it created this narrative that the worst is behind us...the recession happened somehow magically last year,” JPMorgan's top strategist told CNBC Tuesday. “We don’t agree.”

The Independent UK

Former Google employee documents ‘day in my life getting laid off’ TikTok video

Nicole Tsai’s video garnered more than three million views as Google lays off 12,000 workers

Fortune

Jamie Dimon says remote work ‘doesn’t work’ for bosses, young workers, or ‘spontaneity'

But it does work for women, the JPMorgan chief added.

Fortune

JPMorgan CEO Jamie Dimon says that Bitcoin is a ‘hyped-up fraud’ and cryptocurrencies are a ‘waste of time'—but blockchain is a 'deployable' technology

“I think all that's been a waste of time and why you guys waste any breath on it is totally beyond me,” Dimon told CNBC on Thursday. “Bitcoin itself is a hyped up fraud. It’s a pet rock.”

Fortune

JPMorgan CEO Jamie Dimon says Ukraine could be an 'inflection point for the Western world': 'The only thing that matters for the future of the world is how this thing plays out'

A recession may be on the way, but Jamie Dimon says the Ukraine war is still the world's most challenging crisis.

Fortune

Cisco’s CEO at Davos says most executives are ‘very optimistic’ about the economy's future—despite Americans' recession fears

While some Davos attendees warned of a looming recession, Cisco's CEO isn't worried. And Carlyle Group's co-founder argued that it might even be a good time to invest in stocks.

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