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Microsoft’s Windows 11 brings the Start menu to the center of the screen.

Jordan Novet | CNBC

Microsoft on Tuesday said it started rolling out the next major update to its Windows 11 PC operating system. The new version contains a chatbot called Copilot that bears some resemblance to startup OpenAI’s popular ChatGPT.

Copilot is a generative artificial intelligence that can create human-like text and other content with just a few words of human direction. It relies on underlying large language models that Microsoft-backed OpenAI has trained on voluminous sets of data to compose email text, answer questions and automatically perform actions in Windows, augmenting its knowledge with information from websites.

Microsoft upgraded its Bing search engine with a chatbot earlier this year, and now a variation is enhancing the latest version of the world’s most widely used PC operating system. Meanwhile, later this week, the company will start selling the Microsoft 365 Copilot, an AI add-on for corporate workers that use its productivity apps.

PC-specific features in the Windows Copilot include the ability to open apps, switch to dark mode, turn on Bluetooth and get guidance on making a screenshot. While you’re looking at a website in the Edge browser, you can have the Copilot come up with a summary of what’s on the page. On Apple’s Mac computers, people can have conversations with the Siri assistant, but its answers aren’t as detailed as those from Windows Copilot.

Windows 11 now represents about 24% of desktop PCs, according to StatCounter data, while Windows 10, which will be supported until October 2025, controls almost 72% of the market. After that, Windows 11, which debuted in 2021, could become more popular.

“We are seeing accelerated Windows 11 deployments worldwide from companies like BP, Eurowings, Kantar and RBC,” Microsoft CEO Satya Nadella said on a conference call with analysts last week.

Windows remains important at Microsoft, providing one-tenth of total revenue. Microsoft wants to keep Windows relevant because it’s a foundation for the company’s Microsoft 365 productivity applications and a springboard for growth in the Azure public cloud.

Copilot is probably the biggest part of this year’s Windows 11 release. Some people are already using Copilot, by way of a “continuous innovation” release that Microsoft issued in September. The process gives the company a way to provide new features to customers a few times a year, rather than sticking to the previously announced annual schedule.

When you click on the new Copilot icon in the taskbar or hit the Windows+C keyboard shortcut, you can bring up a panel on the right side of your display where you can have a text conversation with the new virtual assistant. It’s meant to be more capable than Cortana, which Microsoft introduced in 2015 with the launch of Windows 10 and has been gradually eliminating.

Here’s a list of some of the other new features of the Windows 11 2023 Update, also known as 23H2:

  • A virtual video editor. An auto-compose feature in the built-in Clipchamp video-editing app is making the process of putting together a final video a bit easier, using AI. After you answer a few questions, Clipchamp will prepare a compilation of scenes drawn from your footage.
  • Polyglot screen reading. Last year, Microsoft introduced natural-sounding voices that use AI to read text on screen in Windows’ Narrator accessibility feature. The new update adds support for additional languages, including English in the United Kingdom and India, French, German, Japanese, Korean, Mandarin Chinese, Portuguese and Spanish.
  • Lower energy bills. Some PCs have built-in presence sensors that can make your display turn off when you walk away and then wake up when you return. A new energy-saving “adaptive dimming” feature can dim your screen when you look away from the display and brighten it up when you look at it again. You can turn this feature on or off when setting up a device with this update or in the Settings app.
  • Boot to the cloud. If you have a cloud-based version of Windows, you can log directly into the cloud instance as your primary experience on your PC.
  • Smarter snipping. It’s getting easier to pull out text directly from screenshots with Windows. With the updated Snipping Tool app included with Windows 11, you can copy text from a screenshot and quickly redact emails or phone numbers.
  • Better backup. Microsoft will let users back up apps they’ve previously installed on a PC to restore them, along with pinned app preferences, in the future.
  • Paint with words. In the next few weeks — Microsoft is trying out this feature with testers — the Paint app will receive AI powers. You’ll be able to type in a few words and pick a style, and Paint will create an image according to your description. It’s similar to tools from Adobe and other companies, as well as Microsoft’s own image creator in the Bing search engine.
  • More taskbar customization. Windows 11 introduced a stark new taskbar that puts the Start button and a series of app icons in the center at the bottom of the screen. Now you can view app icons with labels, similar to how you could in Windows 10. Even apps that aren’t running can appear with labels. You can also hide the time and date.
  • Notepad with memory. Notepad will automatically save your status so that if you close the note-taking app and reopen it, you can get right back to your work.
  • Easier picture hunting. Microsoft wizened up the Photos app for Windows 11 so you can type in keywords and objects in the search box to find relevant images stored in OneDrive.
  • File recommendations at work. If you’re using Windows 11 on your work computer, the File Explorer and Start menu will start showing suggestions of files you might want to open based on your usage.
  • Games right away. Microsoft is starting to test “instant games,” which will let you try playing casual games you find in the company’s Store app without downloading and installing them first. Google tried something similar on Android a few years ago.
  • Developer landing pad. The Dev Home app gives software developers a destination for tracking activity on Microsoft-owned GitHub, monitoring PC activity and setting up a new type of PC storage volume called a Dev Drive.
  • A home for system stuff. When you click on the “All apps” button in the Start menu, apps that Microsoft considers system components, such as File Explorer, will display a new “system” label. Until now, you could manage them by going to Settings > Apps > Installed apps. Now there’s a dedicated page for them at Settings > System > System components.

Some of these features might not work right away and will appear in the new update over time. For example, the Windows Copilot is still in preview and is only available in North America and parts of Asia and South America. The company wants to expand the feature to other regions in the future.

How to try the new features

If you’d like to get your Windows 11 PC running version 23H2, you can open the Settings app, find the Windows Update section and hit the “Check for updates” button. A blog post has detail on the update for education and commercial customers.

Microsoft will eventually offer the update to your Windows 11 PC. If Microsoft determines that the new update could cause an issue, you won’t be given a chance to install it until everything has been ironed out.

WATCH: Microsoft’s Yusuf Mehdi discusses the tech giant’s AI ambitions with Copilot

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Dogecoin surges 20% after Trump announces a Department of Government Efficiency — DOGE

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Dogecoin surges 20% after Trump announces a Department of Government Efficiency — DOGE

Chesnot | Getty Images

Dogecoin shot higher on Tuesday night, extending its postelection surge after President-elect Donald Trump formally announced the creation of the Department of Government Efficiency, which he referred to as “DOGE” in his statement.

Tesla CEO Elon Musk and Vivek Ramaswamy, former Republican presidential candidate and Strive Asset Management co-founder, will lead the department, Trump said in a statement. Together, they “will pave the way for my Administration to dismantle Government Bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies.”

Dogecoin was last up nearly 20%. It has been one of the biggest winners in the postelection rally, gaining 153% since election day compared to bitcoin’s 30% rise in the same period. It also shot past XRP this week to become the sixth largest cryptocurrency by market cap.

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Dogecoin jumped after President-elect Donald Trump announced the creation of the Department of Government Efficiency, or “DOGE.”

Memecoins are seen as a gauge of retail interest and risk appetite in crypto. When memecoin activity ramps up, it usually indicates that retail investors are participating and have an appetite to speculate further out on the risk curve.

Trump initially floated the idea of an efficiency commission in September. Since then, Musk — who has called himself the “Dogefather” in the past and has been known to make public comments about the memecoin that influence its price — has posted on his social media platform X, referring to the commission as the “Department of Government Efficiency” or “D.O.G.E.”

Dogecoin gained relevance in 2021 following Musk’s endorsement and continuous hype on social media, which has since become a big catalyst for the coin. In May that year, Musk’s posts fueled dogecoin’s rally to its all-time high of 67 cents, per Coin Metrics. Though his appearance at the time on SNL, in which he called dogecoin “a hustle,” sent its price crashing down.

The rest of the crypto market was on pause from its postelection rally. Bitcoin was trading flat at about $87,000, after briefly touching $90,000 in late afternoon trading. Crypto stocks Coinbase and MicroStrategy were lower by 1% and 2%, respectively, in extended trading.

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Trump says Musk and Ramaswamy will lead government efficiency group

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Trump says Musk and Ramaswamy will lead government efficiency group

Elon Musk embraces Donald Trump during a campaign rally in Butler, Pennsylvania on Oct. 5, 2024.

Anna Moneymaker | Getty Images

President-elect Donald Trump said Tuesday that Elon Musk and former Republican presidential hopeful Vivek Ramaswamy will lead an efficiency group when his second term begins in January.

Trump wrote in a post that the Department of Government Efficiency, or DOGE, will “become, potentially, ‘The Manhattan Project’ of our time.” He also said the group would, “pave the way” for his next administration to “dismantle Government Bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies.”

Trump didn’t specify where cuts will take place or when the department may be formed. Congress hasn’t created or funded such an office. He said the group’s “work will conclude no later than July 4, 2026.”

Musk’s involvement in the envisioned group was previously promised by Trump and touted by the Tesla CEO, who spent an estimated $200 million backing the Republican nominee’s 2024 campaign, as a reason to put the former president back in the White House. Musk, who also runs defense contractor SpaceX, has reportedly been stationed at Trump’s Mar-a-Lago resort in Florida since Election Night.

Ramaswamy, who challenged Trump in the Republican primary, is co-founder of investment firm Strive Asset Management. He has opposed the widespread adoption of environmental, social and governance, or ESG, principles by companies.

Trump announced a number of other appointments Tuesday, including naming Fox News host Pete Hegseth as his pick for defense secretary and John Ratcliffe as CIA director.

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Spotify shares pop on better-than-expected profit forecast

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Spotify shares pop on better-than-expected profit forecast

The Spotify logo is displayed on a screen on the floor of the New York Stock Exchange on Dec. 4, 2023.

Brendan Mcdermid | Reuters

Spotify shares rose in extended trading Tuesday after the Swedish music streaming company issued a profit forecast for the fourth quarter that topped estimates.

Here’s how the company did, compared with what analysts expected:

  • Earnings per share: 1.45 euros vs. 1.72 euros expected by LSEG
  • Revenue: 3.99 billion euros vs. 4.02 billion euros expected by LSEG
  • Monthly active users (MAUs): 640 million vs. 639 million expected by StreetAccount

While the company’s earnings and revenue for the third quarter trailed estimates, investors focused instead on guidance for the current period.

Spotify said operating income in the fourth quarter will come in at 481 million euros, exceeding the average analyst estimate of 432.7 million euros, according to StreetAccount. MAUs will increase to 665 million, while analysts were expecting 659.3 million, based on a StreetAccount estimate.

Still, revenue guidance trailed estimates. The company said sales will reach 4.1 billion euros, below the average analyst estimate of 4.26 billion euros, according to LSEG.

Subscribers to Spotify Premium, the company’s ad-free membership service that allows users to select songs on an unlimited basis, increased 12% year over year to 252 million, slightly ahead of estimates.

Spotify shares rose about 8% after the report to $452.35 after rising 2.2% in regular trading. The stock has more than doubled in value this year.

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