Anne Wojcicki attends the WSJ Magazine Style & Tech Dinner in Atherton, California, on March 15, 2023.Kelly Sullivan | Getty Images Entertainment | Getty Images23andMe appointed three new independent directors to its board, the company announced Tuesday, one month after all seven of its previous directors abruptly resigned.The new board members are Andre Fernandez, the former chief financial officer of WeWork; Jim Frankola, the former CFO of the enterprise cloud company Cloudera; and Mark Jensen, a tech advisor and former managing partner at Deloitte, according to a release. The only other board member is 23andMe’s co-founder and CEO Anne Wojcicki. Fernandez,…
Author: usaeverydaylife
Jannik Sinner has withdrawn from the Paris Masters with an intestinal virus.The world No. 1 said he is “very disappointed to tell you I’m not able to play this tournament” in a video shared on X by the event organizers.“I came here very early to prepare and felt sick. I’m having a virus at the moment … Body-wise I’m not ready to compete, I’m very very sorry for that.“See you guys next year.” A message from Jannik to the fans who is sad to annonce that he has to retire due to illness, get well soon @janniksin ❤️🩹#RolexParisMasters pic.twitter.com/ZigQMMKSAh —…
Artificial intelligence-related stocks have been on the rise this year, and UBS is becoming even more bullish on some names. Nvidia has been the bellwether for names in the space, and the chip darling has surged about 186% this year. In comparison, the S & P 500 has risen more than 22% in 2024. “We believe we are still in the early stages of the AI growth story,” UBS equity strategist Sundeep Gantori wrote in a Monday note to clients, noting the launch of ChatGPT in 2022 as an inflection point for AI adoption. “While the theme’s initial gains thus…
We’re using proceeds from the sale to help fund our purchases of two other Club stocks. Source link
Employees work on the production line of new energy vehicles at Huaian BYD Industrial Co., Ltd. on August 26, 2024 in Huaian, Jiangsu Province of China. Zhao Qirui | VCG | Visual China Group | Getty ImagesThe European Union has decided to increase tariffs on Chinese-built electric vehicles to as much as 45.3% at the end of its highest profile investigation that has divided Europe and prompted retaliation from Beijing.Just over a year after launching its anti-subsidy probe, the European Commission will set out extra tariffs ranging from 7.8% for Tesla to 35.3% for China’s SAIC, on top of the EU’s…
BATH TOWNSHIP, Ohio — Carrie Brown was an exasperated middle-school teacher who had a famous student she knew she could count on.In the fall of 2017, Brown was teaching social studies at Old Trail School, a small, private institution of about 500 children from ages 2 through the eighth grade on a sprawling 62 acres inside Cuyahoga Valley National Park, a few miles northeast of Akron, Ohio.Each day at recess, as Brown looked out onto the outdoor basketball court at the bottom of an old amphitheater, she watched her sixth-grade students bicker intensely over who should have the ball or…
McDonald’s Chris Kempczinski speaks about fresh beef expansion at a McDonald’s event in Oak Brook, Illinois.Richa Naidu | ReutersA week after health authorities publicly linked a deadly E. coli outbreak to McDonald’s Quarter Pounder burgers, the company’s CEO, Chris Kempczinski, told investors that the situation is now behind them.”How we’ve handled the issue, now that we’re moving … we view it as being behind us,” Kempczinski said on the company’s call Tuesday.During his prepared remarks, he said that the “situation appears to be contained.”On Sunday, McDonald’s said Quarter Pounder burgers would return to roughly a fifth of its U.S. footprint…
Eyes are on megacap tech earnings this week, and it is a big one for Google parent Alphabet as the tech behemoth faces several questions around its artificial intelligence spending spree and scrutinized dominance in online search. Alphabet is set to post its third-quarter financial report after the closing bell on Tuesday. Several analysts maintained their buy ratings ahead of the results and expect AI-driven gains to appear in its search and YouTube segments. Still, the consensus revenue estimate implies Alphabet could post its slowest year-over-year growth since the third quarter of 2023 . Analysts polled by LSEG expect Alphabet…
GitHub CEO Thomas Dohmke speaks at the Collision conference in Toronto on June 27, 2023.Chloe Ellingson | Bloomberg | Getty ImagesMicrosoft has a very expensive and very public relationship with artificial intelligence startup OpenAI. But one of Microsoft’s most successful AI products, GitHub Copilot, is now going beyond OpenAI to give developers more choice in what models they want to use.GitHub, which Microsoft acquired in 2018, said in a blog post on Tuesday that developers will be able to power the GitHub Copilot Chat feature with Anthropic’s Claude 3.5 Sonnet model or Google’s Gemini 1.5 Pro model, as alternatives to…
Back in the dark days of the 1980s, Manchester United used to run an advert in their official match programme with the slogan: “This season we mean business!”It became a standing joke among fans once this slogan was not only retained beyond the miserable first few months of one campaign but well into the next.But there was always a belief within the game that United, having fallen into decline after winning their first European Cup in 1968, would rise again.Liverpool were English football’s dominant force, but the Merseyside club’s chief executive Peter Robinson often warned of the danger that “that…
