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☆ Inside the investing strategy of Hunterbrook Capital, the news-driven hedge fund. Can it succeed in a ruthless industry?
▼ + stars: | 2024-04-29 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +6 min

Small team, limited scopeThe hedge fund makes trades based solely on news from Hunterbrook Media, its media sister company, sometimes getting advanced copies of the articles and placing trades before publication. AdvertisementThe hedge fund, however, has just one sole full-time employee. Before a story is published on Hunterbrook Media, the firm's general counsel reviews it to make sure there's not any insider information — such as leaked earning figures — in it. AdvertisementIf the general counsel and the executives green light the story to be shared, then it goes to the hedge fund — in other words, Dunlevie and Horwitz — prepublication. Opportunities few and far between so farInvestigations from Hunterbrook Media so far have less than a 50% hit rate on turning into trades for the hedge fund.

Persons: —, Nate Anderson's Hindenburg, Carl Icahn's, Nathaniel Horwitz, Matt Murray, Paul Steiger, Bethany McLean, That's, Courtney Dunlevie, Horwitz, Sam Koppelman, Brian Koppelman, Dunlevie, Horwitz — prepublication, isn't, It's Horwitz, Matt, Pulitzer, Tony Horwitz, Geraldine Brooks, Cash, Hunterbrook, Marc Lasry, David Fialkow, Matt Cherwin, we're, " Horwitz Organizations: Service, Business, Hunterbrook, Hunterbrook Media, Wall Street, Barclays, Commonstock, Phoenix Suns, Avenue Capital, Catalyst, JPMorgan Locations: Italian, Korean, Brazil

☆ Eat, sleep, live luxury: LVMH is building whole cityscapes centered on their designer stores
▼ + stars: | 2024-04-28 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +5 min

Luxury powerhouse LVMH is investing billions in real estate, The Wall Street Journal reported. Michael Burke, head of LVMH Fashion Group, told the Journal, "We're creating a city." According to the Journal, the company spent $2.1 billion last year acquiring properties in Paris ahead of the Olympic games. Related storiesThe luxury brand is among several spending billions on luxury stores and experiences. Chanel and LVMH are also interested in purchasing properties on New York's Fifth Avenue and the Champs-Élysées in Paris, the Journal reported.

Persons: —, Louis Vuitton Moët Hennessy, Louis Vuitton, Frank Gehry, Michael Burke, we're, Burke, Bernard Arnault, Saint Laurent, Chanel, LVMH, Amar Sitayeb, Saint, Alan DeSousa Organizations: Street Journal, Service, Wall Street Journal, Dior, LVMH, Design, Miami Design District, Gucci, Montenapoleone, The New York Times, Times, Canada, Laurent, Global News, Business Locations: Paris, Pont Neuf, Miami, Montreal, Milan's, New, The, Marais

☆ Google removes links to California news sites, citing proposed state law requiring payment to publishers
▼ + stars: | 2024-04-13 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +5 min

New York CNN —Google is removing links to California news websites in reaction to proposed state legislation requiring big tech companies to pay news outlets for their content, the company announced Friday in a blog post. “It’s time they start paying market value for the journalism they are aggregating at no cost from local media.”Charles F. Champion, the president and CEO of the California News Publishers Association, said Google is suppressing California news. Google has not responded to CNN’s request for comment about the current state of talks with the Canadian government. The company had a similar reaction to a 2021 Australian law that would require platforms to compensate Australian news outlets for using their content. Google said at the time it would pay publishers through its Google News Showcase instead of paying them for links.

Persons: Tempore Mike McGuire, ”, Assemblymember Buffy Wicks, “, Charles F, we’ve, CJPA, Jaffer Zaidi Organizations: New, New York CNN, Google, California Journalism, Meta, California, Pro, Tempore, ”, California News Publishers Association, Global, Australian Competition, Consumer Commission Locations: New York, California, America, Canada, Australian, Australia

☆ Google removing links to California news websites as part of test in response to pending legislation
▼ + stars: | 2024-04-12 | by ( Alex Koller | ) www.cnbc.com time to read: +2 min

Google headquarters is seen in Mountain View, California, United States on May 15, 2023. Google will begin removing links to California news websites from search results for some Californians in response to a bill that would require online ad companies to pay a fee for connecting state residents to news sources. The recent developments have upended many online publishers that count on Facebook and Google for traffic and are particularly painful for publications that rely on advertising revenue. "If passed, CJPA may result in significant changes to the services we can offer Californians and the traffic we can provide to California publishers," Zaidi wrote. Supporters of the California bill say it will help news publishers receive a fair chunk of the ad profits reaped by tech juggernauts like Apple , Google and Meta.

Persons: Jaffer Zaidi, Zaidi Organizations: Google, California Journalism, Facebook, Meta, Google News, Apple Locations: View , California, United States, California, France, Germany, Spain, Australia, Canada, New Zealand

☆ Canada spies found China 'clandestinely and deceptively' interfered in last two elections
▼ + stars: | 2024-04-09 | by ( ) www.cnbc.com time to read: +1 min

Canada's domestic spy agency concluded that China interfered in the last two elections, an official probe heard on Monday, the firmest evidence so far of suspected Chinese meddling in Canadian politics. Canada's domestic spy agency has concluded that China interfered in the last two elections, based on the firmest evidence so far of suspected Chinese meddling in Canadian politics. Under pressure from opposition legislators unhappy about media reports on China's possible role, Trudeau set up a commission into foreign interference. "We know that the PRC (Peoples' Republic of China) clandestinely and deceptively interfered in both the 2019 and 2021 elections," it said. "State actors are able to conduct foreign interference successfully in Canada because there are few legal or political consequences.

Persons: Justin Trudeau's, Trudeau, Erin O'Toole Organizations: Justin Trudeau's Liberal Party, Canadian Security Intelligence Service, Peoples, Global News, Conservatives, CSIS Locations: China, Peoples ' Republic of China, PRC, Canada

☆ Kate, Princess of Wales conspiracies peddled by Russian disinformation group, experts say
▼ + stars: | 2024-03-30 | by ( Christian Edwards | ) edition.cnn.com time to read: +8 min

The motive of such campaigns, Innes said, is to “destabilize” Russia’s Western antagonists and “undermine trust” in their institutions. The pattern of behavior was one his team recognized from a group of Russian actors his team had studied before. It is a commercial firm contracted to run disinformation campaigns, Innes said. Aaron Chown/Press Association/APMeta said it disrupted the group, but its disinformation campaigns have since grown more sophisticated. The timing of the Kate conspiracies was also propitious for the Kremlin – coming just as Putin secured a fifth term in power in a stage-managed election devoid of credible opposition.

Persons: Catherine, Princess of Wales, Kate, “, ” Martin Innes, ” Innes, Emmanuel Macron, Innes, Princess, Wales, ”, Instagram –, Doppelganger, Aaron Chown, King Charles III, Rasmus Kleis Nielsen, ” Anna George, Timothy Snyder, Vladimir Putin’s, Henry Nicholls, Prince William, ’ ”, Putin Organizations: CNN, Cardiff University, –, Soviet, Meta, Facebook, Press Association, AP Meta, US Treasury, British Embassy, Reuters Institute for, Journalism, Oxford University, Oxford Internet Institute, Yale, Russian Foreign, ” Police, London Clinic, Getty, CNN’s Royal, Kremlin Locations: Wales, Ukraine, ”, Russia, Soviet Union, London, Moscow, Cardiff, Russian, United States, Europe, British, Kensington, Britain, AFP, Windsor

☆ Britain's royal family should follow the lead of major CEOs when it comes to transparency, says expert
▼ + stars: | 2024-03-16 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +6 min

The royal household is exempt from freedom of information laws in the UK since it isn't a public authority. Hay suggested that the monarchy should follow the lead of major companies that have been transparent when a CEO becomes unwell. While Kensington Palace was clear that it wouldn't provide a "running commentary" on the princess' well-being, that didn't stop conspiracy theories on her whereabouts. Meanwhile, CNN said it was reviewing all Kensington Palace handouts in light of the incident. Kensington Palace did not immediately respond to a request for comment.

Persons: Kate, —, Bob Krist, George Hay, Hay, JP Morgan Chase, Jamie Dimon, António, Osório, Prince William, Catherine, Duchess, Chris Jackson, Phil Chetwynd, Buckingham, King Charles, Charles III, Max Mumby, Graham Smith, Jack Royston, Royston, Kensington Organizations: Service, Brand Finance, Windsor, Getty, Tourism, Frogmore, Reuters, Barclays, CNBC, Lloyds Banking Group, BBC News, BBC, AFP, CNN, YouGov Locations: London, Britain, António Horta, Horta, Kensington, Cambridge, Belgium, Greece, Bulgaria, Republic

☆ OpenAI strikes deals with more major news publishers, posing a threat to Google's dominance
▼ + stars: | 2024-03-16 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +6 min

The ChatGPT maker announced this week it had struck partnerships with two major European media organizations: France's Le Monde and Spain's Prisa Media. This story is available exclusively to Business Insider subscribers. This is a "threat" to GooglePublishers who've signed agreements with OpenAI say they hope the partnerships will bring new life to their business. By wooing users with a better interface, OpenAI could threaten Google's dominance over online search, Zaman said. OpenAI did not immediately respond to a request for comment from Business Insider.

Persons: —, OpenAI, Brad Lightcap, Axel Springer, Roger Lynch, Condé Nast, Google Publishers who've, Le Monde, Tauhid Zaman, Zaman, Hugh Martin Organizations: Service, Prisa, Business, Politico, CNN, Fox Corp, Bloomberg, ChatGPT, Yorker, Wired, The New York Times, Microsoft, Google Publishers, Google, Facebook, Media, Yale School of Management, Publishers, Scripps School of Journalism, Ohio University Locations: OpenAI

☆ Kate Middleton and Prince William's united front fell apart
▼ + stars: | 2024-03-15 | by ( Anneta Konstantinides | Samantha Grindell | ) www.businessinsider.com time to read: +13 min

Exactly a week after Prince Harry and Meghan Markle's interview with Oprah Winfrey catapulted the royal family into crisis in March 2021, Prince William and Kate Middleton released a photo on Mother's Day in the UK. Fast-forward three years, and the royal family has found themselves surrounded by controversy yet again. The ensuing photos were a PR dream for the royal family: Kate with a goat! Prince William, Kate Middleton, Meghan Markle, and Prince Harry visiting Sandringham in 2018. EBASTIEN BOZON/AFP via Getty ImagesRumors swelled around the royal family in the weeks leading up to the Mother's Day photo fiasco.

Persons: Prince Harry, Meghan Markle's, Oprah Winfrey, Prince William, Kate Middleton, Diana, William, Kristen Meinzer, Prince, Princess of Wales, —, Kate, ANDY COMMINS, Harry, Winfrey, University of St Andrews —, Meghan, Harry's, Eric Shiffer, didn't, Oprah, Duke, Duchess, Meghan Markle, Samir Hussein, Clare McHugh, they'll, It's, Middleton, Queen Elizabeth II's, EBASTIEN BOZON, she'd, King Constantine's, there's, Meinzer, Charles, King Charles, King Charles III, JONATHAN BRADY, Buckingham, Camilla, Carole Middleton, William —, Phil Chetwynd, Marlene Koenig, Princess, Josh Shinner, There's, Schiffer, rota —, ungentlemanly, rota, Kate's, it's, Princess Diana's Organizations: Business, Getty, Westminster Abbey, University of St, Sandringham, Kensington, Buckingham Palace, Kensington Palace, TMZ, Daily Mail, Associated Press, Reuters, Agence France, Presse, ABC News, Adobe, BBC, Royal Locations: Kensington, Westminster, Sussex, California, AFP, Gaza, Buckingham Palace, Kensington Palace, Wales

☆ The final scenes of 'The Crown' uncannily predicted the current state of Britain's royal family
▼ + stars: | 2024-03-15 | by ( Mikhaila Friel | Eve Crosbie | ) www.businessinsider.com time to read: +7 min

One scene showed a conversation between the Queen and Prince Philip about the next generation of royals. The royal family suffered several setbacks after King Charles took the throne in September 2022. AdvertisementThe final moments of Netflix's "The Crown" seemingly predicted the state of the royal family in the aftermath of Queen Elizabeth's death. The royal family is in chaosIn January 2023, Prince Harry's bombshell memoir, "Spare," was published, revealing previously unreleased details about his fallout with the royal family. The most recent Sovereign Grant report showed that the royal family cost British taxpayers £86.3 million, or about $110.5 million, during the 2022-23 financial year.

Persons: Queen, Prince Philip, King Charles, —, Queen Elizabeth's, Queen Elizabeth II, Imelda Staunton, Olivia Colman, Claire Foy, Prince Phillip, it's, Philip, We'll, chides Philip, Samir Hussein, Prince Harry's, William, Harry, Meghan Markle, Camilla, Meghan, Buckingham, Graham Smith, King Charles ', King Charles and Prince William, Chris Jackson, Smith, hadn't, Grant, Kate Middleton Duchess, Cambridge, Germany Chris Jackson, Kate Middleton, Charles, Kate, Wales, Evan Nierman, Instagram, Phil Chetwynd Organizations: Service, Netflix, Windsor Castle, Getty, Getty Images, REUTERS, Metropolitan Police, Sky, BI, British, PR, BBC, AFP Locations: British, George's, Windsor, Buckingham, Poland, Germany, Berlin, Kensington

☆ Kate’s photo should have quelled the rumors. Editing it has done exactly the opposite
▼ + stars: | 2024-03-11 | by ( Lauren Said-Moorhouse | Max Foster | ) edition.cnn.com time to read: +7 min

The photograph was released by Kensington Palace early Sunday on the couple’s official social media accounts, to mark Mother’s Day in the United Kingdom. I hope everyone celebrating had a very happy Mother’s Day,” she wrote before ending her post with a “C” for Catherine. This year’s Mother’s Day photograph was also the first proper sighting of the princess since Christmas Day. Questions about the Mother’s Day image first emerged on social media. In the past, the family’s amateur photographs have been well received when posted on social media.

Persons: Catherine, Princess of Wales, Kate, Prince George , Princess Charlotte, Prince Louis, –, Prince William, ”, Princess of, Prince George, Princess Charlotte, Princess, Wales, Catherine , Princess of Wales, They’ve, they’ve, William Organizations: London CNN, Kensington Palace, CNN, Associated Press, Daily Telegraph, Daily Mail, CNN’s Royal, Westminster Abbey Locations: Kensington, United Kingdom, Princess of Wales, Windsor, Adelaide

☆ Rupert Murdoch pulls Fox News-style channel off the air in UK after failing to build an audience
▼ + stars: | 2024-03-05 | by ( Jon Passantino | Oliver Darcy | ) edition.cnn.com time to read: +3 min

After building a global newspaper empire and witnessing the ratings and profits success of the right-wing Fox News Channel in the US, Murdoch sought to break into the UK television business, replicating the opinion-driven talk format. “A large proportion of our live viewing is already through streaming on televisions and we intend to continue to grow this. Clips will continue to be shared through social media,” Taunton said. “More and more, audiences are consuming video news and opinion online through their phones and this evolution is set to continue. “Creating professional quality, TV-like video that does well digitally – via streaming services and social media – will be the focus of future investment for all our brands, including Talk.”

Persons: Rupert Murdoch, Scott Taunton, ”, Murdoch, ” Taunton, Piers Morgan, Morgan, ” Morgan, that’s, Tucker Carlson, Don Lemon, It’s, “ Organizations: New, New York CNN, Fox News, CNN, Fox News Channel, BBC, Sky News, YouTube Locations: New York, TalkTV

☆ Facebook is getting rid of the News tab in the U.S. and Australia
▼ + stars: | 2024-03-01 | by ( Jonathan Vanian | In | ) www.cnbc.com time to read: +5 min

Meta said Thursday that it would remove a dedicated section for news articles in April that will affect Facebook users in the United States and Australia. "The number of people using Facebook News in Australia and the U.S. has dropped by over 80% last year." Meta's decision to remove the Facebook News tab comes after the company said in September that it would eliminate the news section for Facebook users in the U.K., France and Germany. However, Meta said that it "will not enter into new commercial deals for traditional news content in these countries and will not offer new Facebook products specifically for news publishers in the future." A year ago, Facebook represented about 50% the media outlets' social traffic.

Persons: Meta's Mark Zuckerberg, Zuckerberg, Jay Y, Lee, Meta, it's, Chartbeat, Similarweb, Mother Jones, Monika Bauerlein, Bauerlein, Sam Altman Organizations: Meta, Samsung Electronics, South Korean, Seoul Economic, Facebook, U.S, CNBC, Canadian, Nvidia Locations: South Korea, Seoul, United States, Australia, France, Germany

☆ Intuitive Machines stock has surged 300%. How Wall Street reads the moon-fueled rally
▼ + stars: | 2024-02-22 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +6 min

NASA TVMuch like Intuitive Machines' spacecraft, its stock has been flying to the moon the past week. Stock Chart Icon Stock chart icon Intuitive Machines stock trading around its IM-1 moon mission. Only a handful of Wall Street analysts cover the $1 billion space company. Along with Canaccord Genuity analyst Austin Moeller, Sullivan and Sheppard were unanimous in their reads that retail, not institutional, investors are driving the current Intuitive Machines' rally. Intuitive Machines and NASA leaders showcase a mockup of the company's Nova-C lunar lander during a presentation on May 31, 2019.

Persons: It's, We've, Cantor Fitzgerald's Andres Sheppard, Sheppard, Josh Sullivan, Canaccord, Austin Moeller, Sullivan, Aubrey Gemignani, NASA Canaccord's Moeller, they'll, Moeller Organizations: NASA, Wall, CNBC, Wall Street, FactSet, Payload Locations: Texas, U.S

LONDON (AP) — The Associated Press won the best documentary prize at the British Academy Film Awards for Ukraine war documentary “20 Days in Mariupol,” produced with PBS’ “Frontline.”Filmmaker Mstyslav Chernov admitted the accolade made him feel conflicted. It’s a huge responsibility,” the Ukrainian journalist said after winning the trophy Sunday at London’s Royal Festival Hall. Chernov arrived in Mariupol one hour before Russia began its bombardment, along with photographer Evgeniy Maloletka and field producer Vasilisa Stepanenko. It is nominated in the best documentary category at the March 10 Academy Awards, the first-ever Oscar nomination for the 178-year-old AP. “Cities get occupied and destroyed and our work represents what is happening to Ukraine now,” Chernov said.

Persons: ”, Mstyslav Chernov, “, It’s, ” Chernov, Chernov, Evgeniy Maloletka, Vasilisa Stepanenko, — unflinchingly, Stepanenko, Lori Hinnant, let’s, Derl McCrudden Organizations: Associated Press, British Academy, Ukraine, PBS, London’s Royal, Hall, AP, Russia, Hamas, International Federation of Journalists Locations: Mariupol, Ukrainian, Ukraine, Russia, Avdiivka, Israel

☆ Ukraine is so desperate for arms, it's itching to get its hands on Canada's 83,000 decommissioned rockets
▼ + stars: | 2024-02-06 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +1 min

Canada has decommissioned over 83,000 CRV7 ground attack rockets. Ukraine now hopes Canada will give them the decades-old rockets instead of disposing of them. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementUkraine's military spy chief is asking Canada for its decommissioned rockets to replenish its dwindling supply of arms. Budanov, who heads Ukraine's military intelligence, has his sights set on Canada's decommissioned CRV7 ground attack rockets.

Persons: —, Kyrylo Budanov, Budanov Organizations: Service, Global, Business Locations: Canada, Ukraine

☆ Meta's retreat from news accelerated in 2023, leaving publishers scrambling for traffic
▼ + stars: | 2024-01-22 | by ( Jonathan Vanian | In | ) www.cnbc.com time to read: +14 min

At Mother Jones, a 48-year-old nonprofit magazine specializing in politics and investigations, the implications were dramatic. "The firehose of Facebook traffic was never going to pay for our journalism, for the majority of our journalism," Bauerlein said. Last decade, many publishers saw their "social traffic decline pretty dramatically," with Facebook deprioritizing text-based articles in favor of video content, Cholke said. "If we all end up finding news in the metaverse, then you'll be finding Mother Jones in the metaverse," she said. What Mother Jones won't do, she said, is "bet everything on one platform, because that never works out."

Persons: Mark Zuckerberg, Sen, John Kennedy, Bill Clark, Reuters Mother Jones, Monika Bauerlein, Mother Jones, Meta, Donald Trump, Bauerlein, Jill Nicholson, Nicholson, Zuckerberg, David Carr, Carr, We've, Meta hasn't, It's, Similarweb, Sam Cholke, John S, Adams, Jonah Peretti, " Peretti, Jessica Probus, BuzzFeed's, BuzzFeed, Probus, Cholke, that's, Chartbeat's Nicholson, Mathew Ingram, Facebook, Ingram, Pew, Elisa Shearer, influencers, Jones Organizations: Facebook, Reuters, Mother, CNBC, Google, Meta, Daily, Comcast, Vice Media, Institute for Nonprofit News, Texas Tribune, Montana Free Press, The Texas Tribune, Institute for Nonprofit, Longtime, Columbia Journalism, Pew Research Center, Pew Locations: Washington, France, Germany, Australia, Helena, American

☆ U.K. Opens Inquiry Into Jeff Zucker’s Emirati-Backed Bid for The Telegraph
▼ + stars: | 2023-11-30 | by ( Michael M. Grynbaum | ) www.nytimes.com time to read: +1 min

Jeff Zucker’s re-entry into the global news business has hit a snag. The announcement capped a week of growing outcry in Westminster over Mr. Zucker’s use of roughly $1 billion in Emirati money to acquire the news organizations, which are hugely influential in British conservative politics. Tories lined up to denounce the proposed deal, warning that the Emiratis’ involvement could lead to undue foreign influence over The Telegraph’s coverage. The review, announced by Britain’s culture secretary, does not necessarily end Mr. Zucker’s chance of success. Since then, Conservative Party eminences have lined up to denounce his bid — often in essays published by newspapers controlled by Mr. Zucker’s rivals — and Tory members of Parliament urged regulators to consider the constraints on press freedoms in the Middle East.

Persons: Jeff Zucker’s, Zucker, Zucker’s, Rupert Murdoch, Lord Rothermere, Murdoch, — Organizations: CNN, The Daily Telegraph, The Spectator, Tories, The Daily, The, Conservative Party Locations: Westminster

[1/4] Olympic and Paralympic track star Oscar Pistorius leaves court after appearing for the 2013 killing of his girlfriend Reeva Steenkamp in the North Gauteng High Court in Pretoria, South Africa, June 14, 2016. REUTERS/Siphiwe Sibeko/Files Acquire Licensing RightsJOHANNESBURG, Nov 24 (Reuters) - South African former Paralympic star Oscar Pistorius, jailed nine years ago for killing his girlfriend Reeva Steenkamp, was granted parole on Friday effective from Jan. 5. His total sentence was lengthened to six years in 2016, less than half the 15-year minimum term sought by prosecutors. In 2017, the Supreme Court more than doubled his total sentence to 13 years and five months, saying the six-year jail term was "shockingly lenient". Pistorius was denied parole in March after it was ruled that he had not completed the minimum detention period required to be considered for parole.

Persons: Oscar Pistorius, Reeva Steenkamp, Siphiwe, Pistorius, Steenkamp, Mr Pistorius, Rob Matthews, I'm, Oscar, Matthews, Bhargav Acharya, Tannur Anders, Nick Macfie, Toby Chopra, Andrew Heavens Organizations: North, North Gauteng High Court, REUTERS, Rights, Paralympic, Appeal, Department of Correctional Services, Pistorius, Rehabilitation, Constitutional, Thomson Locations: North Gauteng, Pretoria, South Africa, Rights JOHANNESBURG

Olympic and Paralympic track star Oscar Pistorius leaves court after appearing for the 2013 killing of his girlfriend Reeva Steenkamp in the North Gauteng High Court in Pretoria, South Africa, June 14, 2016. REUTERS/Siphiwe Sibeko/Files Acquire Licensing RightsJOHANNESBURG, Nov 24 (Reuters) - South Africa's former Paralympic star Oscar Pistorius, jailed in 2014 for killing his girlfriend Reeva Steenkamp, will get another chance for an early release at a parole hearing on Friday. He was sent back to jail for six years in 2016 after a High Court sentence, which was less than half the 15-year minimum term sought by prosecutors. Several factors are typically taken into account by a parole board before inmates are released on parole. Pistorius was denied parole in March after it was ruled that he had not completed the minimum detention period required to be considered for parole.

Persons: Oscar Pistorius, Reeva Steenkamp, Siphiwe, Pistorius, Steenkamp, Singabakho Nxumalo, Conrad Dormehl, Bhargav Acharya, Olivia Kumwenda, Ken Ferris Organizations: North, North Gauteng High Court, REUTERS, Rights, Paralympic, Appeal, South Africa's Department of Correctional Services, Correctional, Reuters, Atteridgeville Correctional, Constitutional, Thomson Locations: North Gauteng, Pretoria, South Africa, Rights JOHANNESBURG, Atteridgeville

☆ A catering driver was so committed to the grind that he won $36.5 million and showed up for work the next Monday at 4:30 a.m.
▼ + stars: | 2023-11-23 | by ( Matthew Loh | ) www.businessinsider.com time to read: +2 min

Richer, who works as a driver for a catering company, said he feels "the same" after his big win. AdvertisementA man in Montréal who snagged a $36.5 million lottery jackpot in October said he went straight back to work the next Monday. AdvertisementHe went straight back to work at 4:30 a.m. on October 9, the Monday after he'd won, according to Loto-Québec. "I just can't leave them alone in the dark because, without me there, the shipping department is just not feasible," Richer told CTV News. Richer told CTV News that he plans to buy a new house and car, and might buy his family a vacation.

Persons: Pierre Richer, Richer, —, Loto, Québec, He'd, Lotto Max, he'd Organizations: Service, Lotto Max, Global, Lotto, CTV News Locations: Montréal, Champlain

☆ The noise from pickleball courts is driving everyone crazy. Scientists are trying to come up with a solution.
▼ + stars: | 2023-11-21 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +7 min

AdvertisementNow, scientists are looking into everything from acoustic fabrics to court spacing in a bid to come up with a solution. Why is pickleball noise so annoying? The engineer founded Pickleball Sound Mitigation LLC, a firm that specializes exclusively in the sport, per The Hustle. AdvertisementThe organization hopes the "quiet category" could soon "encompass a wide range of products, including paddles, balls, paddle covers, and noise mitigation screens for pickleball courts," the statement. USA Pickleball is also compiling a list of acoustic experts trained to help dampen the noise of the game, per Axios.

Persons: —, Sue, Ellen Welfonder, she'd, Nicole Laffan, Laffan, RJ Sangosti, Kausik Sarkar, Braxton Boren, WUSA9, Boren, Bob Unetich, Unetich, Pickleball, Carl Schmits Organizations: Service, Washington Post, Fitness Industry Association, New York Times, Northeastern Global, MediaNews, Denver, Getty, George Washington University, University, Carnegie Mellon University, USA Locations: British Columbia, Washington, Denver , Colorado, USA

☆ A note from Business Insider's new CEO
▼ + stars: | 2023-11-14 | by ( Barbara Peng | ) www.businessinsider.com time to read: +3 min

Today I am excited to share some news: we're officially returning to the name Business Insider. There is so much I love about Business Insider. Two years later, we adopted the name Business Insider. We help them discover the ideas and the people who are changing business, tech, and beyond. A future as Business Insider reaffirms our center of gravity around business, tech, and innovation.

Persons: we're, It's, We've, Henry Blodget, —, Henry, doesn't, we've, We'll, – Organizations: Business, Financial Locations: New York, London

Nov 8 (Reuters) - Australian Laura Enever has surfed her way into the record books after stroking into a giant four-story wave in Hawaii earlier this year, the World Surf League and Guinness World Records said on Wednesday. Enever, 31, was surfing at an outer reef on Oahu's North Shore in January when she caught a huge blue wall measured at 43.6 feet (13.3m), breaking the world record for the biggest wave ever paddled into by a woman. "I came up from that wave, and there was a huge, huge wave behind that took out the whole lineup, and I just saw boards flying everywhere. When I got to the inside, I was almost laughing - I just couldn't believe I'd caught that wave but also escaped that crazy, huge wave behind mine." The biggest wave ever ridden was a 26.2m monster at Nazare, towed into by Germany's Sebastian Steudtner in 2020.

Persons: Laura Enever, Enever, I'd, Aaron Gold, Gabeira, Germany's Sebastian Steudtner, Lincoln, James Redmayne, Peter Rutherford Organizations: Surf League, Guinness World Records, Thomson Locations: Hawaii, Enever, Shore, Waimea, Maui, Nazare, Portugal, Sydney

[1/3] Ukrainian Foreign Minister Dmytro Kuleba looks on during his meeting with his South African counterpart Naledi Pandor, as they hold a joint press conference in Pretoria, South Africa, November 6, 2023. Jacoline Schoonees/DIRCO/Handout via REUTERS Acquire Licensing RightsPRETORIA, Nov 6 (Reuters) - South Africa is recalling diplomats from Israel to assess its relationship with the country amid a rise in civilian casualties from its war with the Palestinian militant group Hamas, its foreign minister said on Monday. South Africa does not have an ambassador in Israel. The country is "extremely concerned at the continued killing of children and innocent civilians" in the Palestinian territory, the foreign minister said. Over 1,400 people were killed by Hamas in the deadly Oct. 7 attack on southern Israel, which South Africa has condemned, while also calling for the return of hostages.

Persons: Dmytro Kuleba, Naledi, Jacoline, Naledi Pandor, Cyril Ramaphosa, Pandor, Carien du Plessis, Tannur Anders, Bhargav, Promit Mukherjee, Christina Fincher Organizations: Ukrainian Foreign, REUTERS Acquire, Rights, Palestinian, Hamas, ., Cairo Peace, United Nations, Ukrainian, Thomson Locations: Pretoria, South Africa, Handout, Rights PRETORIA, Israel, Africa, Palestine, Cairo, Gaza, Russia, Ukraine

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