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Corporate Responsibility

UAL

United Airlines (NASDAQ:UAL) is exploring the use of passenger data to offer personalized ads to customers. This could open a new revenue stream by featuring ads on in-flight entertainment systems or the airline's app. While the potential for increased ad revenue exists, United is still undecided and is considering privacy concerns, ensuring an opt-out option for passengers.

Portfolio Pulse from Benzinga Neuro

November 23, 2023 | 8:44 am

GM

GOOG

TSLA

Ark Invest analyst Tasha Keeney highlighted that GM's Cruise took more risks in autonomous driving than Waymo or Tesla, with a higher crash rate per million miles. Despite the pause in Cruise operations due to safety concerns, its efforts alongside Waymo have aided regulatory approval for autonomous cars, which may benefit Tesla. Elon Musk responded, emphasizing the safety of Tesla's FSD and its future potential with Version 12 neural nets. Cruise has paused operations to rebuild trust and undergo safety reviews, planning a relaunch in one city.

Portfolio Pulse from Anan Ashraf

November 23, 2023 | 8:44 am

GM

General Motors Co's autonomous vehicle subsidiary Cruise is planning to re-launch its operations in one city after a brief pause due to safety concerns. The pause came after an accident involving one of its AVs and subsequent suspension of permits by the California DMV. Cruise aims to rebuild trust and prove its performance in one city before expanding. The re-launch timeline and city name remain undisclosed. Cruise's co-founders resigned recently, but GM CEO Mary Barra remains optimistic about Cruise's potential.

Portfolio Pulse from Anan Ashraf

November 23, 2023 | 5:52 am

META

TWTR

Amid controversies with Elon Musk's X (formerly Twitter), Democrats and corporate leaders are exploring alternative communication platforms. High-profile individuals like President Biden and VP Harris, who have been active on X, are considering other options due to issues with leadership at OpenAI and allegations of misinformation on X. Mark Zuckerberg's Threads, a rival to X, has been identified as a potential alternative, despite concerns about Meta's own issues. This shift is partly due to dissatisfaction with X's content moderation policies, as highlighted by a letter from Democratic House members accusing X of profiting from misinformation.

Portfolio Pulse from Benzinga Neuro

November 23, 2023 | 4:42 am

TSLA

Tesla Inc (NASDAQ:TSLA) has made the design and engineering of its original Roadster fully open source, as announced by CEO Elon Musk. The original Roadster was Tesla's first vehicle, released in 2008. Musk indicated that individuals could now build their own Roadster, with the caveat that 'some assembly required.' Tesla's website includes a disclaimer that it provides no warranties for work done by non-Tesla personnel using the disclosed information. The new generation Roadster's production has been delayed, with an expected completion of design and engineering this year and production by the end of next year.

Portfolio Pulse from Anan Ashraf

November 23, 2023 | 4:10 am

MSFT

Microsoft Corp. (NASDAQ:MSFT) had plans to accommodate OpenAI staff in its San Francisco LinkedIn offices following Sam Altman's temporary removal as CEO. The company was preparing resources, including MacBook laptops and training clusters, for OpenAI's team. However, with Altman's reinstatement as CEO, the move might be halted. This comes amid internal discontent at Microsoft due to pay disparities, especially during a period of layoffs and salary freezes. Microsoft, a major investor in OpenAI, also sought to implement management changes at OpenAI to maintain strategic oversight.

Portfolio Pulse from Benzinga Neuro

November 23, 2023 | 4:09 am

AAPL

Apple Inc. CEO Tim Cook shared the five books that have significantly influenced him on Dua Lipa's BBC podcast. He discussed the importance of succession planning at Apple and revealed his daily strength training routine. The books mentioned include 'To Kill A Mockingbird', 'Shoe Dog', 'When Breath Becomes Air', 'I Am Malala', and biographies of civil rights leaders.

Portfolio Pulse from Ananya Gairola

November 23, 2023 | 4:09 am

BTCUSD

Changpeng Zhao, known as CZ, resigned as CEO of Binance following a $4.3 billion settlement with the US Justice Department over alleged violations. A new token named 'CZ coin' surged 4,000% on DEXs post-announcement. Richard Teng will replace CZ as CEO. Bitcoin saw a 3.11% increase in the last 24 hours.

Portfolio Pulse from Mehab Qureshi

November 23, 2023 | 3:41 am

MSFT

The Cambridge Dictionary's Word of the Year, 'hallucinate', reflects a growing concern in the AI industry about the accuracy of AI-generated content. The term now describes AI systems presenting false data as true, leading to issues like job loss and misinformation. Microsoft has faced criticism for inaccuracies in AI-produced articles. Morgan Stanley analysts have noted the problem of AI fabricating facts. The release of Vectara's open-source Hallucination Evaluation Model represents a step towards responsible AI and reducing misinformation risks.

Portfolio Pulse from Benzinga Neuro

November 23, 2023 | 2:49 am

MSFT

Sam Altman, CEO of OpenAI, was reportedly dismissed following a staff letter about a significant AI breakthrough named Q*. Elon Musk expressed extreme concern over the development. The AI, Q*, is a step towards AGI and has shown the ability to solve certain mathematical problems. Over 700 employees considered leaving for Microsoft due to the revelation. Altman is set to return as CEO with a new board. Earlier, Musk had called for a pause in advanced AI development, to which Altman had responded skeptically.

Portfolio Pulse from Benzinga Neuro

November 23, 2023 | 12:25 am