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The article presents brief profiles of the top 50 personalities deemed worthy of recognition. They include Vanessa Pappas, chief operating officer of the social networking company TikTok, Russian opposition leader Alexey Navalny, and MacKenzie Scott, philanthropist and ex-wife of Amazon founder Jeff Bezos.

The sudden termination of Sam Altman, the CEO of OpenAI, has sparked controversy and revealed ideological clashes within the company and the broader AI debate. One side advocates for slowing down AI development to address safety concerns, while the other seeks to accelerate innovation for profit. Microsoft, a major investor in OpenAI, has had no direct influence on the company's operations until now. The battle for OpenAI's soul and its potential impact on the AI industry is still unfolding. [Extracted from the article]

In the Bloomberg Originals mini-documentary The Hidden Threat to US Energy Security, we explore how America is trying to make up some lost ground in this critical sector, with billions of dollars allocated under President Joe Biden's Inflation Reduction Act. (Bloomberg) -- The modern solar cell - the basis for today's solar panels - was an American invention. To see more Bloomberg Originals video documentaries, click here.To subscribe to the Bloomberg Originals YouTube channel, click here. [Extracted from the article]

The article reports on the issue of internet cookies. It mentions the text files created through internet searches, the use of these files to direct internet advertising based on previous searches, and the question of user privacy and how Google Inc. plans to make changes in its use of cookies.

The article profiles 50 publicly traded companies forecasted by the periodical to be successful in 2019. Companies featured include beverage company AB InBev, health insurer Anthem, and bank Barclays.

The article reports on the security flaws found in Intel microchips. It mentions the design feature that could allow the chip to be hacked, the lack of crisis management action by the company or chief executive officer Brian Krzanich, and the long-held belief that chips weren't vulnerable.

In the Bloomberg Originals mini-documentary Maui Fire: How "Risk Blindness" Made It Worse, we explore why people, companies and politicians who are well aware of climate risk nevertheless fail to plan or react appropriately. "Risk Blindness" Is Making the Climate Crisis Worse (Bloomberg) -- The firestorm that razed the Hawaiian town of Lahaina this month was catastrophic. [Extracted from the article]

The article focuses on the problems caused by private equity (PE) firms holding on to the businesses they acquire for increasingly long periods while investors are waiting for their payoff. Cited are the decline in private equity exits via sales or initial public offerings in the past decade, a record pile of unspent capital among PE firms, and the move of PE firms in going through their portfolios to find non-plum assets to sell.

Every year a fair portion of companies sold by PE firms are bought by other PE firms. That's prompted PE firms to rifle through their portfolios to find non-plum assets to sell, even though, all things being equal, they'd probably rather wait and get a higher price further down the line. Today those firms are sitting on a record pile of unspent capital: about $1.5 trillion, according to Preqin Ltd., the investment data company. [Extracted from the article]

The article reports on the threat posed by Saudi Arabia, which pays high wages to soccer players, to the business plan of U.S. private equity firms to boost the commercial revenue of European soccer while finding a way to cap the costs of the sport. It informs about the possible introduction of a wage cap at Premier League teams in the United Kingdom (UK). Also noted is the inflationary impact on player salaries in the Saudi top league.

In June the Times of London reported that the UK's Premier League teams - more than half of which have US owners - are considering introducing a wage cap. (Bloomberg Businessweek) -- The US private equity firms that have piled into European soccer over the past few years might, all of a sudden, have a problem in the form of Saudi Arabia. [Extracted from the article]

(Bloomberg) -- Nvidia Corp. had a good Thursday. As analysts revised their earnings estimates upward, the chipmaker's valuation as a multiple of its expected earnings declined. Even though Nvidia, by some measures, is getting cheaper, it's still the most expensive stock in the Philadelphia Stock Exchange Semiconductor Index, where chipmakers trade at an average of 26 times their forward earnings. [Extracted from the article]

As analysts revised their earnings estimates upward, the chipmaker's valuation as a multiple of its expected earnings declined. (Bloomberg) -- Nvidia Corp. had a good Thursday. Even though Nvidia, by some measures, is getting cheaper, it's still the most expensive stock in the Philadelphia Stock Exchange Semiconductor Index, where chipmakers trade at an average of 26 times their forward earnings. [Extracted from the article]

The article explores the role of artificial intelligence (AI) in electronic commerce. Topics discussed include Google's vision for integrating generative AI into search, how AI paired with Google's data sets can improve customer experience, and the increased competition between Google and Amazon.com in the digital marketplace.

Now it's signaling that AI, where Amazon.com Inc. appears to lag Google technologically, offers it a chance to catch up. But Google has been trying to crack e-commerce for years: A sizable proportion of online shopping searches start at Amazon, completely circumventing Google. [Extracted from the article]

The article discusses the business performance of media firm BuzzFeed Inc. under the leadership of chief executive officer (CEO) Jonah Peretti. Topics explored include the reputation earned by the firm as a news and entertainment media publisher, the observed similarities between BuzzFeed and Blockbuster Video, and the decline in revenue of BuzzFeed which may be attributed to the increasing preference of consumers for social media platforms.

In the article, the author examines the performance of companies, particularly on those that are expected to layoff more employees. Also cited are the another round of layoffs implemented by Meta Platforms Inc., the number of companies whose revenue per employee has declined from pre-pandemic levels, and the companies expected to terminate some workers like Bank of America, Citigroup, and Medtronic.

The article presents information on the results of a survey of executives across industries about corporate technology spending, which was conducted by "Bloomberg Businessweek" with Bloomberg Intelligence. Topics discussed include the share of respondents who think technology will be important to their business, cybersecurity share of technology budget and an increase in corporate technology budget.

The author discusses the significant role of software interface in the success of electric vehicles (EV). Topics explored include the way automobile manufacturers initially regarded the powertrain as the core technology of EV, the notable features of the user interface of Tesla EV, and the recruitment of software engineers by Volkswagen's automotive software company Cariad.

The article takes a look at the struggle of consumer electronics, carmakers and other companies over the supply of semiconductors due to factors including Russia's invasion of Ukraine and supply chain disruptions. It reports the response of the U.S. including a capital spending to bolster the domestic semiconductor industry under the Chips and Science Act and measures banning the export of chips, high-performance computing and artificial intelligence applications and equipment to China.

The article reports on the anticipated growth of the smart glasses industry. It mentions the increase in the need for eyeglasses, the opportunity to integrate augmented reality into glasses, and Facebook Inc.'s relationship with eyewear manufacturer EssilorLoxottica SA to release Ray-Ban Stories.

In The Hard Thing About Hard Things, a 2014 broad how-to guide for startup founders, venture capitalist Ben Horowitz outlines five steps to do layoffs properly: Get your head right; don't delay; be clear in your own mind why you're firing people; train your managers; and address the whole company. That's because, while those losing their jobs bear the brunt, managers also need to think about how it will affect the morale of other employees. Camilla Boyer, director of executive communications at payments processor Checkout.com, condenses the advice to three concepts: accountability, empathy and closure. [Extracted from the article]