OpenAI is coming for Google Chrome. On Tuesday, CEO Sam Altman announced ChatGPT Atlas, OpenAI's entry into the increasingly competitive web browser space. Shortly after the news, shares of Google Chrome-maker Alphabet dipped 3%.ChatGPT Atlas combines multiple OpenAI products into one, bundling the chatbot functionality with a browser along with the ability for paid users to summon "agent," the company's AI tool capable of taking control of the user's mouse and keyboard. The chatbot functionality of the ...

Core Insights - Coca-Cola's investment in Costa Coffee is under review as the expected growth has not materialized [2][3] - The CEO acknowledged that the coffee segment remains attractive and profitable, but the current business model has not generated the desired multiplier effect [3] Company Strategy - Coca-Cola acquired Costa Coffee for approximately $5.1 billion to establish a presence in the coffee market, which is seen as a key growth area [1] - The company primarily generates revenue from selling drink concentrates and ingredients to partners, rather than through retail operations [2] Financial Performance - Coca-Cola reported a 5% increase in net sales, reaching $12.46 billion in the third quarter, which positively impacted its stock price, rising about 4% [4] Future Considerations - The company is contemplating the future direction of its coffee business, indicating a potential shift in strategy [3] - There are reports of Coca-Cola exploring a sale of Costa Coffee, although this was not addressed in the latest earnings call [4]

Gold is trading more like a trending stock on Reddit than a haven for investors, and may have topped out after its record surge, billionaire investor Bill Gross told Business Insider. The yellow metal fell as much as 6.3% on Tuesday, suffering its worst drop in 12 years. The drop coincided with an even steeper 8.7% decline in spot silver prices.The moves suggest investors are taking profits after gold and silver's record-setting gains this year, and perhaps acting on Gross's latest warning. After cautioni ...

Warner Bros. Discovery, the conglomerate that owns HBO, CNN, and the Warner Bros. studio, has officially hung a "for sale" sign on itself. But wait a minute. Didn't Paramount owners Larry and David Ellison already offer to buy WBD? So wasn't it already for sale?Yes, they did. And yes, it was. So the right way to view WBD's announcement Tuesday morning, where it said it would conduct "a review of strategic alternatives to maximize shareholder value" is primarily a formality: WBD has rejected Paramount's bi ...

Core Insights - The article discusses unconventional career paths into Big Tech, emphasizing the importance of adaptability and strategic positioning in job applications. Group 1: Career Path and Education - The individual transitioned from a biology degree to project management roles in tech, highlighting that a traditional tech background is not always necessary for success in Big Tech [2][5]. - Certifications in project management, such as CAPM and CSM, were pursued to build a foundation in project management, demonstrating the value of relevant skills over traditional degrees [6]. Group 2: Job Application Strategies - The advice to keep job titles as they appear in HR systems was challenged, as adapting titles to better reflect actual responsibilities can enhance résumé effectiveness [12][14]. - Removing graduation years from résumés can help avoid age bias, allowing the focus to remain on current skills [15]. - Direct outreach to individuals within companies, rather than solely applying through official job portals, has proven to yield better results in securing interviews [16][18]. - Applying for jobs even when not meeting all qualifications can lead to opportunities, as many candidates still receive interviews despite not checking every box [19][20]. Group 3: Online Presence and Authenticity - The notion of maintaining a strictly formal online presence was reconsidered, with authenticity being recognized as a valuable asset in professional networking [21][22].

Thought Elon Musk's $1 trillion Tesla pay package would have an easy ride? Think again.A second influential proxy-advisory firm is urging Tesla shareholders to vote against Elon Musk's proposed $1 trillion compensation deal, warning that it would hand the billionaire CEO an "unprecedented" payout while shrinking other investors' stakes. Glass Lewis & Co. told clients in a paper published last Friday that the award "warrants significant shareholder concern."It joined Institutional Shareholder Services (ISS ...

Core Insights - Netflix is focusing on maximizing the value of its existing subscriber base rather than solely pursuing subscriber growth, as it has a significant number of subscribers already [4][6] - The company has announced a partnership with Spotify to stream video podcasts, which will enhance its content offerings and potentially attract advertisers [5][6] - The competitive landscape for streaming services is intensifying, with various companies making significant moves to capture market share [6] Streaming Industry Developments - ESPN's streaming service gained 1.2 million subscribers in its first month, surpassing initial analyst estimates [7] - Disney+ and Hulu experienced a rise in cancellations but are also increasing prices to improve margins, with plans for a unified streaming app next year [8] - Paramount is making a comeback in the streaming space under new leadership, focusing on live sports content [9] - Amazon's Prime Video is enhancing its competitive position by hiring a former Netflix executive, with a notable increase in its share of US TV watch time [10] - Apple TV is expanding into live sports by acquiring rights to F1 races, while also rebranding by dropping the "+" from its name [11]

Warner Bros. Discovery is reviewing a potential sale of the company, citing unsolicited interest in the entire entity, even as it continues to pursue a spinoff of its cable assets, which is already underway. The news follows reports that David Ellison's Paramount Skydance is pursuing a bid for WBD as he builds a media and tech powerhouse.This story will be updated. ...

Good morning and welcome to day two of First Trade. Did you heed our warning about crypto treasuries? Or are you one of the retail traders who has lost a combined $17 billion investing in them? RundownHe wants to be your new meme-stock folk hero. We talked with the investor trying to engineer a GameStop-like rally in Beyond Meat. Could he be the next Roaring Kitty?Creative financing strategies for real estate. Business Insider's Kathleen Elkins spoke to part-time real estate investors who shared tips for s ...

Amazon is paying out $1.5 billion to customers as part of a settlement over its Prime subscription. Last month, Amazon and the Federal Trade Commission agreed to the settlement, worth $2.5 billion in total. The FTC alleged in 2023 complaint that Amazon "knowingly duped" people into enrolling in automatically renewing Prime subcriptions and "complicated the cancellation process." Amazon said at the time of the settlement that the company and its executives "have always followed the law."The federal claims c ...