Opinions expressed by Entrepreneur contributors are their own. Months ago, ChatGPT introduced a memory feature that remembers details across conversations — and most users still aren’t aware of what it means and don’t realize the massive privacy and copyright risks it poses. Imagine sensitive client information or trade secrets bleeding across projects without your knowledge….
President-elect Donald Trump’s new team is starting to take shape. Trump has hired top aide, Susie Wiles, 67, an experienced Republican strategist and operative whose political career dates back to the 1970s, for the chief of staff position. Related: Meet the ‘Whale’ Who Won $85 Million Betting on Donald Trump—Here’s How He Did It “Susie…
The Federal Trade Commission banned businesses from writing and buying their own reviews in an August ruling. Now, it’s alleging that a customer review site, Sitejabber, published “misleading” ratings and reviews on behalf of the 130,000 businesses on its platform. The FTC’s proposed order would stop Sitejabber from “misrepresenting” customer ratings and reviews “in the…
Japanese automaker Nissan reported a loss on Thursday for the fiscal quarter, leading the company to announce it is cutting 9,000 people, around 6% of its workforce. Nissan models did not sell well in the U.S. last quarter. Makoto Uchida, Nissan’s CEO, told reporters that he is taking the situation “very seriously,” according to the…
On Thursday, the Federal Reserve’s Federal Open Market Committee (FOMC) announced that it would lower the federal funds rate by 25 basis points (bps), or 0.25%, because of “somewhat elevated” inflation and an unemployment rate that “moved up but remains low.” The rate is now 4.5% to 4.75%, down from 4.75% to 5%. A lower…
On Election Day, an anonymous trader called the “Trump whale” got lucky. Or maybe it was more than luck. Not only did he predict that Donald Trump would win the presidency, but he also bet big that Trump would win the popular vote and triumph in Pennsylvania, Michigan, and Wisconsin. Related: Here’s How Donald Trump’s…
Nvidia passed Apple on Tuesday to claim the top spot as the biggest company in the world with a market cap of $3.43 trillion to Apple’s $3.38 trillion. At the time of writing, Nvidia had a market cap of $3.584 trillion, higher than Apple’s $3.389 trillion and Microsoft’s $3.102 trillion. Apple and Microsoft are currently…
On January 2, Amazon’s 350,000 corporate employees will have to return to the office five days a week instead of working a hybrid schedule. After the announcement, employees speculated that the mandate was a way to get them to quit without formal layoffs, but Amazon CEO Andy Jassy reassured employees at an all-hands meeting Tuesday…
If you bought even just a bar of bath soap last year, you contributed to the wellness industry—and a new report released Tuesday from the Global Wellness Institute showed you helped it reach a record-high of $6.32 trillion in 2023. That’s bigger than the pharmaceutical and sports categories. The wellness industry overall grew 25% from…
The Ray-Ban Meta smart glasses have been named one of Oprah’s favorite things and are gaining traction: At one point in July, Meta CEO Mark Zuckerberg said, “Demand is still outpacing our ability to build them.” While Meta basks in demand, with more than 700,000 pairs of Ray Ban Metas sold, an industry competitor is…
