Google’s former CEO Eric Schmidt spoke at the Sifted Summit on Wednesday 8, October.Bloomberg | Bloomberg | Getty ImagesGoogle’s former CEO Eric Schmidt has issued a stark reminder about the dangers of AI and how susceptible it is to being hacked.Schmidt, who served as Google’s chief executive from 2001 to 2011, warned about “the bad stuff that AI can do,” when asked whether AI is more destructive than nuclear weapons during a fireside chat at the Sifted Summit”Is there a possibility of a proliferation problem in AI? Absolutely,” Schmidt said Wednesday. The proliferation risks of AI include the technology falling…
Author: usaeverydaylife
Check out the companies making the biggest moves in midday trading: Oracle — Shares of the software company rose more than 3% on Thursday after Baird initiated coverage with a outperform rating and a $365 price taget. The firm said Oracle has a strong position in the artificial intelligence growth story. The stock has had a wild ride in recent sessions as investors debated its outlook. Week to date, shares have gained 4%. MP Materials — Shares of the rare earth materials producer rose 7%. BMO Capital Markets reinstated coverage at a market perform rating, calling MP the U.S.’ “rare…
Retail investors are rushing back into the stock market after a relatively snoozy summer, according to JPMorgan. Retail investors poured around $7 billion into purchases on balance over the last week, said Arun Jain, an analyst at the bank. That’s a noticeable jump from the $5.3 billion average seen weekly over the last two months. Jain pointed to recent stock records as boosting optimism for everyday traders. The gold and bitcoin rallies also helped drive exuberance among this group, he said. Single stock purchases had their strongest net flows in over three months on Monday, according to the investment bank.…
A view from the Delta Sky Club at Los Angeles International Airport, Sept. 2, 2022.AaronP | Bauer-Griffin | GC Images | Getty ImagesDelta Air Lines customers are getting used to first class.Revenue from the pricier, roomier seats toward the front of the plane could eclipse sales from standard coach seats for at least a quarter or two next year, Delta executives said Thursday.In the last quarter, Delta said ticket revenue from its premium cabin rose 9% from last year to nearly $5.8 billion, while main-cabin ticket revenue fell 4% from a year earlier to just over $6 billion.CEO Ed Bastian…
An illustration photo shows Sora 2 logo on a smartphone.Cfoto | Future Publishing | Getty ImagesThe Creative Artists Agency on Thursday slammed OpenAI’s new video creation app Sora for posing “significant risks” to their clients and intellectual property.The talent agency, which represents artists including Doja Cat, Scarlett Johanson, and Tom Hanks, questioned whether OpenAI believed that “humans, writers, artists, actors, directors, producers, musicians, and athletes deserve to be compensated and credited for the work they create.””Or does Open AI believe they can just steal it, disregarding global copyright principles and blatantly dismissing creators’ rights, as well as the many people…
(This is The Best Stocks in the Market , brought to you by Josh Brown and Sean Russo of Ritholtz Wealth Management.) Josh — We’re revisiting Netflix (NFLX) today as the stock nears an inflection point. We wrote this name up for you guys 87 days ago and the stock has basically gone nowhere so far. After an incredible first six months of the year, Netflix spent the summer chilling out on the couch. In my opinion, there’s a good chance that the consolidation below highs we’ve been watching play out is about to come to an end. The upcoming…
The grip Meta Platforms has on digital advertising is only getting stronger. Meta is making a change to its recommendation engine. Starting Dec. 16, conversations users are having with the company’s generative artificial intelligence tools — such as chatbots within Facebook, Instagram, WhatsApp, and Messenger, as well as the standalone Meta AI app and website — will be used to make ads and content more personal. While users cannot opt out, Meta said the “update won’t apply” to those who do not interact with AI on its platforms. The company also said AI conversations involving health, politics, and religion will…
U.S. Senate Majority Leader John Thune (R-SD) holds a copy of the Continuing Appropriations and Extensions Act as he speaks during a press conference, accompanied by Speaker of the House Mike Johnson (R-LA) and other fellow Republicans, on the first day of a partial government shutdown, at the U.S. Capitol, in Washington, D.C., U.S., October 1, 2025. Nathan Howard | ReutersThe Senate on Thursday is set to vote for a seventh time to try to end the government shutdown, as the stalemate on Capitol Hill continues with no sign of a breakthrough.Now in its ninth day, more of the shutdown’s…
Sopa Images | Lightrocket | Getty ImagesOpenAI’s short-form artificial intelligence video app Sora hit 1 million downloads less than five days after its launch in late September, according to an executive.Bill Peebles, head of Sora at OpenAI, shared the milestone in a post on X late Wednesday. He said Sora reached 1 million downloads even faster than ChatGPT, the company’s popular AI chatbot that supports 800 million weekly active users.Sora allows users to generate short videos for free by typing in a prompt. The app is only available on iOS devices and is invite-based, which means people need a code…
President of France Emmanuel Macron prepares to deliver a speech during a state banquet at Guildhall on July 9, 2025 in London, England. President Emmanuel Macron and Mrs Brigitte Macron are in the U.K. for the first visit state visit made by France in 17 years. They stayed at Windsor Castle, hosted by King Charles III and Queen Camilla.Leon Neal | Getty Images Entertainment | Getty ImagesThe resignation of Prime Minister Sebastien Lecornu has shown that this latest French government crisis is different to the previous ones because, this time, key allies of the government had been instrumental in toppling…
