Sunday, December 22

Tag: AMZN

X Is Working to Lure Smaller Advertisers as Elon Musk Keeps Alienating Big Brands
8Dec By adminNo Comments
Technology

X Is Working to Lure Smaller Advertisers as Elon Musk Keeps Alienating Big Brands

X wants Facebook’s secret weapon: small businesses.The social-media site formerly known as Twitter largely relies on advertising revenue from the world’s largest brands. But since owner Elon Musk alienated some of the biggest spenders, finding a new customer base has become critical.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Bond Yields Tumble, Stocks Retreat
7Dec By adminNo Comments
Money

Bond Yields Tumble, Stocks Retreat

A rally in Treasurys intensified Wednesday, dragging yields on 10-year notes to the lowest level since August, while stocks turned lower. Major indexes wavered between small gains and losses before ending the session around their lows of the day. The S&P 500 lost 0.4%, while the Dow Jones Industrial Average shed 70 points, or 0.2%. The tech-heavy Nasdaq Composite fell 0.6%. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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How Long Can the ‘Magnificent Seven’ Stocks Hold the Line?
5Dec By adminNo Comments
Money

How Long Can the ‘Magnificent Seven’ Stocks Hold the Line?

As in the eponymous 1960s Western, the so-called “Magnificent Seven” stocks keep on winning. This also means investors are betting the farm on just a handful of bullets hitting their targets.The S&P 500 is in a bull market, fueled by soft inflation data in the U.S. and Europe and the widespread belief that interest rates will start coming down early next year. Yet the stock market has become so top-heavy that speaking of a “bull market” carries less meaning than before. Without Apple, Microsoft, Alphabet, Amazon.com, Nvidia, Tesla and Meta Platforms—the high-growth, technology-related companies that analysts have dubbed the “Magnificent Seven”—the S&P 500 would only be up 9% this year, rather than 19%. Some 44% of stocks in the index are down this year.Copyright ©2023 Dow Jones &a...
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Tech’s New Normal: Microcuts Over Growth at All Costs
5Dec By adminNo Comments
Technology

Tech’s New Normal: Microcuts Over Growth at All Costs

The tech industry has largely recovered from the downturn, but Silicon Valley learned a long-lasting lesson: how to do more with less. Amazon, Google, Microsoft and Meta Platforms have been cutting dozens or a few hundred employees at a time as executives keep tight controls on costs, even as their businesses and stock prices have rebounded sharply. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Medical AI Tools Can Make Dangerous Mistakes. Can the Government Help Prevent Them?
2Dec By adminNo Comments
World

Medical AI Tools Can Make Dangerous Mistakes. Can the Government Help Prevent Them?

Doctors have started using artificial intelligence in novel ways to communicate with patients and help make diagnoses. Now the government is wrestling with how to ensure the tools do no harm.Federal regulators are proposing a new labeling system for AI healthcare apps designed to make it easier for clinicians to spot the pitfalls and shortcomings of these tools. The Biden administration has proposed that these apps come with a “nutrition label” that discloses how the app was trained, how it performs, how it should be used and how it shouldn’t. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Amazon Hires Elon Musk’s SpaceX for Three Rocket Launches
1Dec By adminNo Comments
Technology

Amazon Hires Elon Musk’s SpaceX for Three Rocket Launches

Jeff Bezos and Elon Musk have both spent decades building space companies. Now, Bezos’ Amazon.com is turning to Musk’s SpaceX for a ride to orbit.Amazon, which Bezos founded and where he still serves as executive chairman, said Friday that it hired Musk’s SpaceX to conduct three rocket launches for the Seattle company’s planned satellite-internet division. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Amazon Debuts Cyber Insurance Program for Speedy Policy Estimates
29Nov By adminNo Comments
World

Amazon Debuts Cyber Insurance Program for Speedy Policy Estimates

Nov. 29, 2023 7:00 am ET|WSJ ProAmazon.com’s AWS cloud unit debuted Wednesday a program designed to cut the time to acquire cyber insurance from weeks to days, via partnerships with brokers and insurers.Through AWS’s Cyber Insurance Competency program, customers can allow brokers access to data from their Security Hub console. This gives potential insurers a list of controls enabled on a particular account, information on vulnerabilities and other details that allow carriers to quickly evaluate applications against AWS’s standards for security best practices and their own underwriting standards, and provide policy quotes.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Microsoft Needs a Better Seat at OpenAI’s Table
28Nov By adminNo Comments
Money

Microsoft Needs a Better Seat at OpenAI’s Table

Microsoft played a weak hand rather well in the drama that engulfed OpenAI last week. But the tech giant now has a complicated task ahead: It needs to solidify its relationship with the high-profile startup while also showing it can chart its own course in the vital field of artificial intelligence.Wall Street has cheered Microsoft CEO Satya Nadella’s handling of the situation, which began with the surprise firing of OpenAI Chief Executive Sam Altman by the company’s board of directors late on Friday, Nov. 17, and concluded with Altman agreeing four days later to return to his role. In the interim, Microsoft announced plans to hire Altman directly, along with any other OpenAI employees who cared to join. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5ed...
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Buybuy Baby Is Back—and Opening Stores Again  
27Nov By adminNo Comments
World

Buybuy Baby Is Back—and Opening Stores Again  

Updated Nov. 27, 2023 11:55 am ETWEST HARTFORD, Conn.—The new owners of Buybuy Baby recently reopened 11 stores, betting that many expectant parents still prefer to shop for strollers, cribs and car seats in person. Those stores had been closed for roughly three months after former parent company Bed Bath & Beyond’s bankruptcy. The baby-products retailer plans to open more than 100 new U.S. stores over the next three years, the company said, and eventually expand internationally. That number would put the company’s store footprint on par with where it was before the chapter 11 filing. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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