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☆ Exclusive: Ex-Truepill CEO just scored $6 million to help health plans and pharma companies ditch middlemen and work closely with patients
▼ + stars: | 2024-03-11 | by ( ) www.businessinsider.com time to read: +5 min

He's launched a new company, Foundation Health, to help them do that quickly and at a low cost. Foundation aims to make it easy for insurers to set up their own online pharmacies and pharma companies to sell drugs directly to consumers. "The main focus area for us is to help health plans disintermediate PBMs," Afridi said. Foundation Health wants to help customers ditch big PBMsFoundation's software enables a few different things. Finally, direct-to-consumer health companies can plug into Foundation's technology to power their services, instead of building their own pharmacies and hiring doctors.

Persons: Umar Afridi, disruptors, Afridi, He's, disintermediate, Garry Tan, Y, they've, pocketing, Eli Lilly's, Jack Altman Organizations: California, Cuban, Plus, Business, Foundation Health, Foundation, pharma, Alt, Liquid Ventures, Exceptional, Storm Ventures, PageOne Ventures, Federal Trade Commission Locations: drugmakers

The Dells contributed nearly $976 million to their charitable funds, which distribute gifts to a wide array of charities. Together, the 50 donors on the list contributed a total of $11.9 billion to charity in 2023. Only 23 of the richest Americans on the Forbes 400 list donated enough to appear on the Philanthropy rankings. 13 on the list, they contributed $210 million to the Institute for Protein Innovation, which shares its data with scientists for free. _____Maria Di Mento is a senior reporter and Jim Rendon is a senior writer at the Chronicle of Philanthropy, where you can read the full article.

Persons: Michael Bloomberg, Phil Knight, Penny, Michael Dell, Susan, Bill Gates, Melinda French Gates, Bernie Marcus, Ken Langone, Arthur Blank, “, ”, Renee Kaplan, — Franklin Antonio, Hugh Hoffman, —, Tim Springer, Chafen Lu, Diego’s Jay Kahn, Lauder, Sergey Brin’s, Michael J, Robert Kraft, Lucia Woods, David, Kathleen LaCross, Pierre Omidyar, Pam, They’re, John, Laura Arnold, Laura, ” Laura Arnold, Wendy Schmidt, Eric Schmidt, “ Younger, Kaplan, Jeff Sobrato, _____ Maria Di Mento, Jim Rendon, Kay Dervishi Organizations: New, New York City, Nike, Bloomberg, Knights, University of Oregon, Dells, Forbes, Forward, Qualcomm, Summer Science, SETI Institute, ALS Association , University of Cincinnati Foundation, Cincinnati Zoo, Botanical, Nature Center, Yale University, Institute for Protein Innovation, Price Club, Apple, San Diego Foundation, Discovery Foundation, Google, Fox Foundation, Parkinson’s Research, New England Patriots, Foundation, Combat, Ms, Foundation for Women, Chicago Foundation for Women, University of Virginia Darden School of Business, eBay, District of Columbia, Associated Press, Philanthropy Locations: New York, Portland , Oregon, Ohio, Moderna, California, Florida, Texas, Virginia, Washington, Hawaii, Massachusetts

☆ Apple, Zuck, Elon, and the lesson of Microsoft Windows
▼ + stars: | 2024-01-24 | by ( Alistair Barr | ) www.businessinsider.com time to read: +9 min

However, this person has been investing for more than 2 decades and sold a startup to a big tech company in the first dot-com boom. "The lesson of Microsoft Windows"Then this hedge funder schooled me on the "lesson of Microsoft Windows." He also pointed out that if you don't own a big platform, your life kinda sucks. AdvertisementThe biggest betsThis is why big tech companies are investing 100s of billions of dollars to find the next big platforms. Big Tech is all about winning our attention and being the first "funnel" that sends us out into the world.

Persons: Mark Zuckerberg, —, Apple, Tesla, it's, Mark Gurman, I've, Matthew Ball, Zuckerberg, Ball, OpenAI, Nora Naughton, Elon Musk Organizations: Apple, Service, Apple's, Microsoft, Microsoft Windows, Android, Amazon, Google, Big Tech, Tesla, Software, GM, Ford, Meta Locations: American

KARACHI, Pakistan (AP) — From Berlin to London and Limassol to Karachi, thousands of people took to the streets Sunday to mark the 100th day of Israel’s war with Hamas. Opposing demonstrations either demanded the release of Israeli hostages held by Hamas or called for a cease-fire in Gaza. In the southern Pakistani city of Karachi, tens of thousands waved Palestinian flags or wore the keffiyeh, the traditional Palestinian scarf, to express their solidarity with Palestinians in a rally organized by the country’s largest religious political party, Jamaat-e-Islami. The party’s Karachi chief, Hafiz Naeem Ur Rehman, called on the U.S. to stop backing Israel and compensate Palestinians for their losses. Protesters in London held posters with photos and the words “100 days in hell” to express their solidarity with Israel.

Persons: Hafiz Naeem Ur Rehman, Israel, ” Rehman, Ishrat Zahid, ”, Ayelet Svatitzky, “, ’ ’, Nadav Popplewell, Channah Peri, Peri, Roi Popplewell, Akrotiri, Osman Delibas, Delibas, Pope Francis, ____, Hadjicostis, Christophe Ena, Andrew Wilks, Frances D'Emilio Organizations: Hamas, Islami, Organization of Islamic Cooperation, Protesters, Israel, Palestine, ” Protesters, RAF, British, British Ministry of Defense, Turkey’s Humanitarian Relief Foundation, . Foundation, Anadolu, Associated, Associated Press Locations: KARACHI, Pakistan, Berlin, London, Limassol, Karachi, Gaza, Pakistani, Israel, Dublin, Edinburgh, Paris, ”, Cyprus, British, Yemen, Britain, Egypt, Turkey, Istanbul, Iraq, Kurdish, St, Ukraine, Palestine, Rome

The Ms. Foundation published research last week advocating for more financial support for women and gender nonconforming people of color leading nonprofits on the frontlines of social justices issues. “At this moment, when women and women’s bodies and gender nonconforming folks are being attacked on a daily basis, are they willing to move 10% to us?” Teresa Younger, Ms. Foundation’s president and CEO, said of other foundations. The Ms. Foundation found that many frontline organizations, like Power Rising, work across issue areas, often in tandem with other groups and in response to unfolding events. The organization advises foundations to build on trust-based giving, to support self-guided capacity building for these organizations, and to diminish grantmaking tied to specific issue areas. ___Associated Press coverage of philanthropy and nonprofits receives support through the AP’s collaboration with The Conversation US, with funding from Lilly Endowment Inc.

Persons: Alex Soros, George Soros, Trump, ” Alex Soros, Shawnda Chapman, ”, ” Teresa Younger, it’s, Laleh Ispahani, Ketanji Brown Jackson, Leah D, Daughtry, grantmaking, Ispahani, Mark Malloch, Brown Organizations: Open Society, Society, Ms, Foundation for Women, OSF, National Women's Law, Alliance for Youth, U.S, Supreme, Foundation, Associated, Lilly Endowment Inc, AP Locations: U.S

☆ Vaping Declines Among High School Students, Survey Shows
▼ + stars: | 2023-11-02 | by ( Christina Jewett | More About Christina Jewett | ) www.nytimes.com time to read: +4 min

About 90 percent of the students who reported vaping said they used flavored products, citing favorites that tasted like fruit and candy. Public health experts also linked other state and local flavor bans and education campaigns to the falling high school vaping rate, which is the lowest in nearly a decade. In all, about 2.1 million middle and high school students reported using e-cigarettes, down from 2.5 million last year. While the agency has authorized about two dozen vaping products for sale, thousands of illicit candy-colored flavored vapes have flooded the country and are top sellers. Other researchers noted that the combined general use of tobacco products by middle and high school students barely fell, to 10 percent this year from 11 percent last year.

Persons: vaping, Juul, Brian King, There’s, Dr, Neff, “, ” Dr, ”, Karen Knudsen Organizations: Public, ., Food and Drug Administration, Federal, University of Southern, American Cancer Society Locations: California, University of Southern California

NEW YORK (AP) — The HBCU Transformation Project, a coalition of 40 historically Black colleges and universities, on Wednesday announced a $124 million gift from philanthropic funders Blue Meridian Partners to increase enrollment, graduation rates and employment rates for the schools' graduates. “This very significantly scaled grant from them signals to the philanthropic community that this is a really good investment to make,” he said of the Blue Meridian gift. The donation will expand the work of the project, which has already received $75 million from Blue Meridian Partners since 2020. Blue Meridian Partners also provided funds to those organizations to improve their capacity to support the schools. HBCUs have received significantly less support from philanthropic foundations than predominantly white schools.

Persons: Michael Lomax, ”, Lomax, HBCUs, George Floyd Organizations: Wednesday, Blue Meridian Partners, Blue Meridian, Thurgood Marshall College Fund, for Education Advancement, Department of Education, Ivy League, HBCUs, Associated, Lilly Endowment Inc, AP Locations: UNCF, Black

"High level, we want this to become something like your personal AI friend," said developer Div Garg, whose company MultiOn is beta-testing an AI agent. The race towards increasingly autonomous AI agents has been supercharged by the March release of GPT-4 by developer OpenAI, a powerful upgrade of the model behind ChatGPT - the chatbot that became a sensation when released last November. GPT-4 facilitates the type of strategic and adaptable thinking required to navigate the unpredictable real world, said Vivian Cheng, an investor at venture capital firm CRV who has a focus on AI agents. OpenAI itself is very interested in AI agent technology, according to four people briefed on its plans. There are at least 100 serious projects working to commercialize agents, said Matt Schlicht, who writes a newsletter on AI.

Persons: Siri, Alexa, Tony Stark's, Kanjun Qiu, Reid Hoffman, Mustafa Suleyman, Qiu, OpenAI, Vivian Cheng, CRV, Aravind Srinivas, Jarvis, Yoshua Bengio, Satya Nadella, Apple's Siri, it's, Google, Edward Grefenstette, Jason Franklin, WVV Capital, Hesam Motlagh, Matt Schlicht, Anna Tong, Jeffrey Dastin, Kenneth Li Organizations: Microsoft, Google, U.S . Federal Trade Commission, Reuters, FTC, OpenAI's, Financial Times, Amazon, Alexa, Investors, WVV, Google Ventures, Entrepreneurs, Thomson Locations: Silicon, Jarvis, GPT, Cognosys, San Francisco, Palo Alto

☆ How to thrive in a new era of AI with trust and confidence
▼ + stars: | 2023-06-02 | by ( Sponsor Post | Created Ibm With Insider Studios | ) www.businessinsider.com time to read: +6 min

But success in applying AI, whether based on the most advanced machine learning (ML) or the latest generative AI leveraging foundation models, is not just measured in speed. Whether based on ML or foundation models, the more customized your AI models are to those priorities, the better you will be able to serve your customers and deliver real business value. A hybrid cloud architecture provides the data foundation for extending AI deep into the business. If the models contain bias, or if AI models are misleading, "hallucinate," or are not explainable, the risk and cost of reputational damage and regulatory fines could be high. Three opportunities to put AI into actionHere are the best opportunities to derive benefit from AI in your business today:1.

Persons: IBM Watson, Carhartt, Let's Organizations: IBM Consulting, IBM, Dutch Bank ABN AMRO, IT, Insider Studios

☆ China's internet giants bet big on A.I. as Beijing looks to rival U.S. on tech 'paradigm shift'
▼ + stars: | 2023-05-23 | by ( Ryan Browne | ) www.cnbc.com time to read: +6 min

"This kind of computing power needs to be provided as a kind of public service or infrastructure. China, specifically, "has some of the most advanced AI tech in the world," he added. "We believe this is a Game of Thrones also playing out in the China Tech market as the gloves are on for this battle," Ives said. Many innovative vendors are going after this market and China tech is now in the midst of a secular shift around AI." The comments from some of China's top tech companies last week hint at how Beijing is seeking to ramp up its rivalry with the U.S. on AI.

Persons: BABA BABA, Robin Li, Baidu, Ernie Bot, OpenAI's ChatGPT, Tencent, Martin Lau, Lau, Alibaba, Daniel Zhang, Dan Ives, Ives, Hao Hong, CNBC's, —, Tencent's Lau, Baidu's Li, Didi, Meituan Organizations: HK, Microsoft, Google, Wedbush Securities, CNBC, China Tech, Big Tech, Baidu, U.S, Nvidia, chipmaker Micron, Grow Investment Locations: China, Beijing, U.S, Alibaba

☆ Paparazzi Speak on Meghan and Harry’s Car Chase
▼ + stars: | 2023-05-19 | by ( Jacob Bernstein | ) www.nytimes.com time to read: +2 min

You’re killers,” Mr. Eichner said. One person who has excelled despite these odds is Kevin Mazur, an event photographer who co-founded the company Wire Image. In 2007, Wire Image was sold to Getty as part of what was described at the time as a $200 million deal. But Mr. Mazur continues to shoot constantly, including on Tuesday, when he was the sole photographer with full access at the Ms. Foundation gala. At the same time, the cries of victimhood by paparazzi are less likely to elicit sympathy than the ones made by a man whose mother died in a car crash fleeing from them.

☆ Prince Harry and Meghan: Photo agency says it denied Harry and Meghan request to turn over photos from chase
▼ + stars: | 2023-05-19 | by ( Lauren Said-Moorhouse Niamh Kennedy Jessie Gretener | Lauren Said-Moorhouse | Niamh Kennedy | ) edition.cnn.com time to read: +4 min

The NYPD simply said “numerous photographers” had “made their transport challenging” following their departure from the Ziegfeld Ballroom. “We stand by our founding fathers.”The Sussexes declined to comment on the matter when approached by CNN. The Princess of Wales died in 1997 after suffering internal injuries resulting from a high-speed car crash in Paris. Once the photographs are out and the stories then put next to it, then comes the social media harassment. To see another woman in my life, who I love, go through this feeding frenzy – that’s hard.

London CNN —There’s no denying the echoes to the late Princess Diana’s 1997 death in a car crash in Paris. As their first public appearance since Prince Harry returned from King Charles’ coronation in London, it had initially seemed a pretty routine affair. Chris Sanchez, who was part of the royal security detail, told us they were immediately followed from the event by a dozen vehicles. It is important to note that these photographers have a professional responsibility to cover newsworthy events and personalities, including public figures such as Prince Harry and Meghan Markle,” the statement outlined. However, those images appear to show Prince Harry documenting the moment on his phone, so we may yet learn more about what exactly happened from their perspective in the future.

☆ Prince Harry, wife Meghan in 'near catastrophic car chase' involving pararazzi, Harry's spokesperson says
▼ + stars: | 2023-05-17 | by ( ) www.cnbc.com time to read: +1 min

Prince Harry, Duke of Sussex, and Meghan, Duchess of Sussex, arrive at the 2022 Robert F. Kennedy Human Rights Ripple of Hope Award Gala at the Hilton Midtown in New York on December 6, 2022. Britain's Prince Harry, his wife Meghan and her mother were involved in a "near catastrophic car chase" involving paparazzi photographers, a spokesperson for the prince said on Wednesday. Pictures that have appeared on social media have shown Harry, Meghan and her mother, Doria Ragland, in a taxi. "Last night, the Duke and Duchess of Sussex and Ms Ragland were involved in a near catastrophic car chase at the hands of a ring of highly aggressive paparazzi," the spokesperson said in a statement. Harry and Meghan stepped down from their royal roles in 2020 and moved to the United States partly because of what they described as intense media harassment.

☆ Harry, Meghan in 'near catastrophic' paparazzi car chase, spokesperson says
▼ + stars: | 2023-05-17 | by ( ) www.reuters.com time to read: +2 min

The incident occurred after they left the Ms. Foundation for Women on Tuesday night where Meghan was honoured for her work. "Last night, the Duke and Duchess of Sussex and Ms Ragland were involved in a near catastrophic car chase at the hands of a ring of highly aggressive paparazzi," the couple's spokesperson said in a statement. The couple's spokesperson said the chase could have been fatal and involved paparazzi driving on the sidewalk, running red lights, and driving while taking pictures. Pictures that have appeared on social media show Harry, Meghan and her mother sitting in the back of a New York taxi. The spokesperson said these were "a small glimpse at the defense and decoys required to end the harassment".

☆ What's better than OpenAI? Developers shop for alternatives
▼ + stars: | 2023-03-29 | by ( Krystal Hu | ) www.reuters.com time to read: +5 min

George Mathew, an AI investor at Insight Partners, compared the AI foundation models to other technological breakthroughs which spawned competition. As the infrastructural layer of AI applications, foundation models have attracted the most investment from venture capitalists and strategic investors. Writing assistant Jasper.ai began with OpenAI's models, but does not want to rely on a single model, CEO Dave Rogenmoser told Reuters. For example, it uses OpenAI’s model to generate long articles, and Cohere to auto-complete sentences at faster speed and lower cost. Fergal Reid, Intercom's director of machine learning, conceded that OpenAI's GPT-4 is "very expensive."

☆ Dorothy Pitman Hughes, pioneering feminist who co-founded Ms. Magazine, dies at 84
▼ + stars: | 2022-12-11 | by ( The Associated Press | ) www.nbcnews.com time to read: +1 min

Dorothy Pitman Hughes, a pioneering Black feminist, child welfare advocate and activist who co-founded Ms. Magazine with Gloria Steinem, formed a powerful speaking partnership with her and appeared with her in one of the most iconic photos of the feminist movement, has died. Gloria Steinem, left, and Dorothy Pitman Hughes attend the Ms. Foundation for Women Gloria Awards in New York in 2014. Hughes, a pioneering voice in child care, organized the first shelter for battered women in New York City and co-founded the New York City Agency for Child Development. She met Steinem in 1968, according to a biography on the Ms. Magazine website, when Steinem, then a journalist, was writing a story for New York Magazine about Pitman Hughes’ child care center. Hughes was born Dorothy Jean Ridley on Oct. 2, 1938, in Lumpkin, Georgia, her family wrote in an obituary posted by the funeral home.

☆ Gold will hit $3,000 an ounce and the dollar will surge 50% against the Japanese yen. Here are the 10 outrageous 2023 predictions from one European bank
▼ + stars: | 2022-12-06 | by ( Carla Mozée | ) www.businessinsider.com time to read: +7 min

Gold surging to $3,000 an ounce is part of Saxo Bank's list of 10 Outrageous Predictions for 2023. The Danish bank's annual list also foresees Japan setting a floor of 200 yen to temporarily halt a surging US dollar. Sign up for our newsletter to get the inside scoop on what traders are talking about — delivered daily to your inbox. Saxo predicted 2023 as the year the market discovers that inflation will continue to burn hot for the foreseeable future, driving gold to $3,000 an ounce. "Under-owned gold rips higher on the sea-change reset in forward real interest rate implications of this new backdrop, it said.

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