Archive List for Business

Grayscale CEO says American voters want more crypto regulation

While the crypto world is abuzz with excitement after the Securities and Exchange Commission (SEC) approved trading of spot bitcoin ETFs, traditional investors are still awaiting further regulatory precautions before going in on crypto assets, according to a Harris Poll on Grayscale’s behalf. Grayscale CEO Michael Sonnenshein — whose company runs its own bitcoin trust ETF (GBTC) — sits down with Yahoo Finance’s Julie Hyman and Brian Sozzi from the World Economic Forum in Davos, Switzerland to discuss these poll results surveying American voters and whether crypto is on voters’ minds when casting their in the 2024 US presidential election. “When it comes to new technologies like crypto, like bitcoin, […]

Google CEO warns employees of imminent 2024 job cuts

In a memo, Alphabet (GOOG, GOOGL) CEO Sundar Pichai warned employees of additional job cuts to come in 2024, after laying off over 100 workers at YouTube. Not entirely exclusive to Big Tech, companies like Amazon (AMZN) and BlackRock (BLK) have also expanded plans for layoffs. Yahoo Finance Live anchors Seana Smith and Brad Smith explore the Google parent company’s outlook. About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. – Get the latest news and data at finance.yahoo.com – Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or […]

Musk wants more control of @tesla: It’s ‘absurd,’ investor says #shorts

Tesla CEO Elon Musk (TSLA) posted on X saying he’s ‘uncomfortable growing Tesla to be a leader in AI & robotics without having ~25% voting control.’ Musk currently owns 13% of Tesla. Ross Gerber, Gerber Kawasaki Wealth & Investment Management CEO discusses the latest outlook on Elon Musk and his role as CEO. Gerber joined Yahoo Finance Live on January 16, 2024. #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #businessnews #business #stockmarket #financenews #elonmusk #tesla #teslastock #teslanews #artificialintelligence #ai #tech #technology #ev #evs

Meta exec details election advertising guidelines: ‘We’ve got our playbook’ #shorts

Meta Head of Global Business Group Nicola Mendelsohn discusses election advertising on how Meta thinks about its global election strategy. Mendelsohn remarks that Meta isn’t sitting and waiting around for American elections to form policy; rather, it has an ongoing role in global election advertising. Mendelsohn joined Yahoo Finance’s Brian Sozzi and Julie Hyman on January 16, 2024, at the World Economic Forum in Davos, Switzerland. #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #businessnews #business #stockmarket #financenews #meta #metaverse #metanews #election #election2024 #executive #outlook #worldeconomicforum #2024

CFPB aims to stop banks ‘abuse’ of overdraft fees: CFPB Director

The Consumer Financial Protection Bureau is trying to clamp down on overdraft fees issued by the nation’s largest banks. CFPB Director Rohit Chopra joined Yahoo Finance’s Jennifer Schonberger to discuss the proposed overdraft fee changes, noting they aim to empower consumers to “manage their overdraft loans more effectively,” though the proposals do not eliminate them entirely. Chopra says banks have displayed “a lot of abuse” around overdraft fees, fueling a “billion dollar bonanza.” He argues these new rules look to “close a longstanding loophole” and force fairer, upfront terms for customers. While banks “will always look to find profits everywhere they can,” Chopra calls the CFPB proposal “quite reasonable.” Chopra […]

AI should help the ‘f***ing ****show’ that is social media, @salesforce CEO says

Salesforce CEO Marc Benioff discusses the future of AI and its impact upon the social media landscape. Benioff believes that the governance around AI will determine its future success and recalls how the governance around social media impacted consumers. Benioff joined Yahoo Finance’s Brian Sozzi on January 17, 2024 at the World Economic Forum in Davos, Switzerland. #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #businessnews #business #stockmarket #financenews #salesforce #ceo #ai #artificialintelligence #tech #technology #worldeconomicforum

Bill Gates on AI: ‘Productivity of white collar will go up’ #shorts

Former Microsoft (MSFT) President and CEO Bill Gates discusses AI, from productivity to regulation and misinformation. Gates joined Yahoo Finance’s Julie Hyman and Brian Sozzi from the World Economic Forum in Davos, Switzerland on January 16, 2024. #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #businessnews #business #stockmarket #financenews #billgates #ai #artificialintelligence #tech #technology #worldeconomicforum #2024

Apple & Microsoft: The future of AI in enterprise and consumer tech

Investors paid careful attention to Apple (AAPL) and Microsoft (MSFT) at CES 2024 (Consumer Electronics Show) as, for a brief moment, Microsoft took over as the most valuable company for the first time since 2021. Microsoft has made a lot of ground for investment and development of AI, from purchasing OpenAI to the buzz around ChatGPT, while Apple has been grappling with weaker iPhone demand, especially in China. Constellation Research Founder and Principal Analyst R “Ray” Wang joins Yahoo Finance to give insight into Apple’s AI strategy and share some of the latest tech innovations seen at CES. “What we’ve seen over the last couple of quarters is declining revenues […]

Spot bitcoin ETF approval allows exposure to bitcoin: Sen. Lummis #shorts

Senator Cynthia Lummis (R-WY) joined Yahoo Finance to discuss the SEC’s recent approval of spot bitcoin ETF applications. Lummis details how the arrival of bitcoin spot ETF’s will allow investors to gain exposure to the asset class without being forced to self-custody. Segment aired on January 11, 2024. #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #businessnews #business #stockmarket #financenews #crypto #cryptocurrency #bitcoin #bitcoinnews #etf #etfs #explained

Real estate: What REIT investors should be looking for #shorts

Cohen & Steers Real Estate Strategy Head Rich Hill discusses what REIT [Real Estate Investment Trust] market investors should focus on in the new year and breaks down the REIT real estate trends from last year. Hill joined Yahoo Finance Live on January 3, 2024. #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #businessnews #business #stockmarket #financenews #housingmarket #housing #2024 #opportunities #realestate #realestateinvesting #investing