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Stone Age humans once sheltered in lava tube caves
  + stars: | 2024-05-08 | by ( Mindy Weisberger | ) edition.cnn.com   time to read: +7 min
Beginning in the Stone Age, Neolithic herders descended into and occupied these vast tunnels, known as lava tubes, archaeologists have discovered. Umm Jirsan spans nearly 1 mile (1.5 kilometers), with passages that are up to 39 feet (12 meters) tall and as much as 148 feet (45 meters) wide. The researchers enter Umm Jirsan, the longest lava tube system in the region. Animal carvingsIn another tunnel near Umm Jirsan, the researchers found 16 panels of engraved rock art. “Collectively, the archaeological findings at the site and in the surrounding landscape paint a picture of recurrent use of the Umm Jirsan Lava Tube over millennia,” Stewart said.
Persons: Jirsan, haven’t, Umm, , Mathew Stewart, ” Stewart, Umm Jirsan, Guillaume Charloux, Charloux, Stewart, , , ” Mindy Weisberger Organizations: CNN —, Australian Research Centre, Griffith University, CNN, Umm, French National Centre for Scientific Research, , Saudi Geological Survey, Arabia, Scientific Locations: Medina, Saudi Arabia, Umm Jirsan, Australia, Arabia, Asia
Sohail Prasad, an entrepreneur, launched a fund in March called the Destiny Tech100. The fund owns shares in hot tech start-ups like the payments firm Stripe, the rocket maker SpaceX and the artificial intelligence company OpenAI. Few people get the chance to invest in these privately held companies since their shares are not openly traded. Mr. Prasad’s intention with Destiny was to let the rest of the world get a piece of them through his fund. But soon after Destiny debuted, two tech start-ups — Stripe and Plaid, a banking service — said the fund did not legally own their shares.
Persons: Sohail Prasad, Destiny, , Robinhood, Prasad, Organizations: SpaceX
Another start-up founder is going to prison for overstating his company’s performance to investors. His misrepresentations allowed him to raise $117 million in funding from top investment firms, valuing his start-up at $1.1 billion. When HeadSpin’s board members found out about the behavior in 2020, they pushed Mr. Lachwani to resign and slashed the company’s valuation by two-thirds. Mr. Lachwani is at least the fourth start-up founder in recent years to face serious consequences after taking Silicon Valley’s culture of hype too far. Other founders currently in prison for fraud include Sam Bankman-Fried of the cryptocurrency exchange FTX and Elizabeth Holmes and Ramesh Balwani of the blood testing start-up Theranos.
Persons: Manish Lachwani, Lachwani, Sam Bankman, Elizabeth Holmes, Ramesh Balwani
In front of rolling cameras and a crowd of nearly 300 guests, Prince Harry, Duke of Sussex, barreled toward one end of a polo field in South Florida on Friday. “The Duke of Sussex may score a goal!” an announcer cried through a loudspeaker at the Royal Salute Polo Challenge to Benefit Sentebale, which was attended by spectators including Serena Williams and Meghan, Duchess of Sussex, and by film crews with Netflix. The streamer is producing a polo-related project with Harry and Meghan that was announced on Thursday and that will be filmed in Wellington, an affluent area near Palm Beach known for its equestrian scene. The announcer and many in the crowd groaned audibly when Harry missed the shot. He was wearing a blue and white jersey with the No.
Persons: Prince Harry, Duke of Sussex, , Duke, Sussex, Serena Williams, Meghan, Duchess of Sussex, Harry Organizations: Royal, Netflix Locations: South Florida, Wellington, Palm, Lesotho, Botswana
Stripe, a payments start-up, is one of the most successful companies to emerge from Silicon Valley in a generation. It is a problem that has vexed retail investors for years, as start-ups like Stripe, SpaceX and OpenAI soar to enormous valuations in the private market. Only so-called accredited investors with a high net worth are allowed to invest in private tech start-ups. It is offering a publicly traded fund that contains shares of 23 private tech companies including Stripe, SpaceX, OpenAI, Discord and Epic Games. Sohail Prasad, the chief executive of Destiny XYZ, the parent company of the fund, said his goal was to let anyone own part of the tech industry’s top private companies.
Persons: Destiny Tech100, Sohail Prasad Organizations: SpaceX, Games, New York Stock Exchange Locations: Silicon
In the four years since their unlikely bond was posted online, the odd couple has attracted almost two million followers on Instagram and Facebook. But in an emotional video posted online Tuesday, Peggy’s owners, Juliette Wells and Reece Mortensen, announced that the animals had been separated. Wildlife officials worried that others would follow their lead of domesticating wild animals in the hope of profiting online. Followers are being urged to write to their local member of parliament and the director general of the department. Bernard Ashcroft, CEO of Wildlife Rescue Australia, said the law prohibits people from taking wild animals as pets, for good reason.
Persons: Australia CNN —, Peggy, Molly ”, Molly, Juliette Wells, Reece Mortensen, , Wells, , Darryl Jones, Molly didn’t, “ Peggy, Mortensen, DESI, Jones, Australia – “, “ It’s, ” Jones, Bernard Ashcroft Organizations: Australia CNN, Facebook, DES – Department of Science, Department of Science, Griffith University, CNN, Australia –, Wildlife Rescue Locations: Brisbane, Australia, Staffordshire, Australian, crazily
Ms. Yahyaoui’s compelling background helped her stand out among entrepreneurs when she moved in 2018 to San Francisco, where she founded a student aid start-up called Mos. The app hit the top of Apple’s App Store and Ms. Yahyaoui raised $56 million from high-profile investors, including Sequoia Capital, John Doerr and Steph Curry, according to PitchBook, which tracks start-ups. In podcasts, TV interviews and other media, Ms. Yahyaoui, 39, frequently discussed Mos’s success. But internal company data viewed by The New York Times showed that as of early last year, only about 30,000 customers had paid for Mos’s student aid services. Less than 10 percent of Mos’s roughly 153,000 bank users had put their own money into their accounts, the data showed.
Persons: Amira Yahyaoui, Yahyaoui, John Doerr, Steph Curry, Mos Organizations: Sequoia Capital, The New York Times, TechCrunch Locations: Tunisian, Algerian, San Francisco
What’s in Our Queue? ‘Veep’ and More
  + stars: | 2024-03-20 | by ( Erin Griffith | ) www.nytimes.com   time to read: 1 min
What’s in Our Queue? ‘Veep’ and MoreI’m a reporter covering tech start-ups and venture capital for The Times. I’m always a few years late to books, music and movies — and totally OK with that. Here are five things I’ve been enjoying lately →
Persons: , I’m, I’ve Organizations: The Times
Read previewRon Howard explained why he refused to let his eldest daughter, Bryce Dallas Howard, become a child actor despite his own famed career. Ron Howard (left) on "The Andy Griffith Show." In the interview, Ron recalled how his parents — Rance and Jean Howard — were both actors who knew the importance of supervising their children on sets. I also thought, 'Hey, if one of our kids tries to act as a child, boy or girl, they're going to be unfairly compared," Ron told the outlet. "I started working as a waitress on the weekends at a deli, and it was fantastic," Bryce told People.
Persons: , Ron Howard, Bryce Dallas Howard, Ron, Bryce, Andy Griffith, Opie Taylor, — Rance, Jean Howard —, Jean, Cheryl, Paige, Jocelyn, Reed, Iona Wolff, Henry Winkler —, you've, Howard, Graham Norton Organizations: Service, Business, CBS Locations: Hollywood
Reid Hoffman, a founder of LinkedIn and a longtime venture capitalist, is no longer the public face of the venture firm Greylock. Michael Moritz, a force at Sequoia Capital for 38 years, officially separated from the investment firm last summer. They are among the most recognizable of a generation of Silicon Valley investors who are getting out of venture capital at the end of a lucrative 15-year upswing for the industry. Investors at Tiger Global, Paradigm, Lightspeed Venture Partners, Emergence Capital and Spark Capital have all announced plans to step back. Foundry Group, a venture firm in Boulder, Colo., that has backed 200 companies since 2006, said in January that it would not raise another fund.
Persons: Reid Hoffman, Michael Moritz, Jeff Jordan, Andreessen Horowitz Organizations: LinkedIn, Sequoia Capital, Tiger Global, Lightspeed Venture Partners, Spark, Foundry Group, Apple, Google Locations: Silicon, Boulder, Colo,
And he recognized that TikTok was a national security threat, and we are proceeding, because that threat continues today,” she said. Nowhere in the bill does it say Tiktok,” Pence told CNN. The measure’s fate, however, is less certain in the Senate, but Scalise told CNN he’s had conversations with senators who are “interested” in the legislation. While many senators told CNN they were still reviewing the legislation Monday night, there is a core group of senators who have expressed support or openness to the House bill. “He’s wrong,” Roy, a House Freedom Caucus member, told CNN.
Persons: Donald Trump, Cathy McMorris Rodgers, TikTok, , “ I’m, there’s, McMorris Rodgers, , Morgan Griffith, doesn’t, Jeff Duncan, CNN he’s, we’ve, ByteDance, ” Duncan, “ We’ve, Greg Pence, Bill, can’t, , ” Pence, Steve Scalise, Scalise, Shou Chew, Chew, Mariannette Miller, Meeks, Chip Roy, ” Roy, it’s, Tik Tok, Bob Good, Troy Nehls, Trump, ” Nehls, CNN’s Sam Fossum, Manu Raju, Lauren Fox Organizations: CNN — House Republicans, House Energy, Republican, GOP, of Justice, Energy, Commerce, , Caucus, CNN, Chinese Communist Party, South Carolina Republican, Republicans, Punchbowl News, Trump, Rep, Iowa Republican, Texas Republican, Communist, Texas Rep Locations: United States, Virginia, Indiana, Texas, China
Australian farmers rip out millions of vines amid wine glut
  + stars: | 2024-03-09 | by ( ) edition.cnn.com   time to read: +5 min
About two-thirds of Australia’s wine grapes are grown in irrigated inland areas such as Griffith, its landscape shaped by vine-growing techniques brought by Italian migrants arriving around the 1950s. That would destroy more than 20 million vines across 12,000 hectares (30,000 acres), Reuters calculations based on Wine Australia data show, or about 8% of Australia’s total area under vine. “If half the vines in Australia were ripped out, it still might not solve the oversupply,” said a wine maker in Western Australia. When China blocked imports during a political dispute in 2020, Australia lost its biggest wine export market by value. And unlike Europe, it offers farmers no financial aid to help them destroy vines and excess wine.
Persons: , , James Cremasco, Griffith, TWE.AX, Carlyle Group’s, Andrew Calabria, Cremasco, Jeremy Cass, Tim Mableson, Bill Calabria, Andrew’s, There’ll Organizations: CNN, Accolade, Wine, Riverina Winegrape Growers, Growers, KPMG Locations: Australia, China, Griffith, Calabria, Riverina, Wine Australia, Western Australia, Chile, France, United States, Bordeaux, Europe, Tasmania, Yarra, Victoria
Dakota Johnson says people don't need to be related by blood to be considered family. AdvertisementDakota Johnson opened up about what it's like being in a blended family during an interview with Bustle. At the end of the day, they all see themselves as family, regardless of blood relation, Johnson said: "And we are always going to be a family. AdvertisementJohnson isn't the only celebrity who has a blended family. Kourtney Kardashian and Travis Barker also have a large, blended family as a result of their marriage.
Persons: Dakota Johnson, — Melanie Griffith, Don Johnson, Johnson, Chris Martin, Gwyneth Paltrow, , Melanie Griffith, Apple, Moses —, Nick Cannon, Elon Musk, Kourtney Kardashian, Travis Barker, Z Organizations: Service, Coldplay, US Census Bureau
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUK official discusses UK-Saudi deal to boost research and innovation tiesAndrew Griffith, U.K. minister of state for science, research and innovation, names the areas of science and technology that the two countries want to collaborate on, saying it's "all about the shared challenges."
Persons: Andrew Griffith Locations: Saudi
DCM Ventures, a Silicon Valley venture capital firm, began investing in China’s start-ups in 1999. The move reaped such blockbuster returns that in 2021, DCM said it planned to “double down” on its strategy of investing in China, the United States and Japan. DCM’s messaging is one example of an industrywide shift happening between Silicon Valley investors and Chinese start-ups. The about-face stems from the tense relationship between the United States and China as they jockey for geopolitical, economic and technological primacy. The countries have engaged in a trade war amid a diplomatic rift, enacting tit-for-tat restrictions including U.S. moves to curb future investments in China and to scrutinize past investments in sensitive sectors.
Organizations: Ventures, China’s, The New York Times Locations: Silicon, China, United States, Japan, South Korea
Last May, Anthropic, one of the world’s hottest artificial intelligence start-ups, raised $450 million from investors including Google and Salesforce. By August, Anthropic had landed $100 million from two Asian telecoms. Then Amazon committed $4 billion to it, followed by $2 billion more from Google. This month, the venture capital firm Menlo Ventures closed a deal to invest $750 million in Anthropic. Its five funding deals stood out not just for their speed and size, but for their unusual structures.
Persons: Anthropic Organizations: Google, Menlo Ventures Locations: Anthropic
CNN —Dakota Johnson is choosing to sit out from watching her newest movie, and her reasoning might be a bit surprising. “Madame Web” stars Johnson as a clairvoyant paramedic and is tenuously connected to Sony Pictures’ grouping of films that include both the “Venom” movies as well as 2022’s “Morbius” with Jared Leto. Reviews for “Madame Web” have been less than enthusiastic, with a 13% on Rotten Tomatoes. When it comes to self care, though, at least Johnson knows the right answer to the question, “Do you Google yourself?”“No! God no,” the daughter of Melanie Griffith and Don Johnson told MagicFM this week.
Persons: Dakota Johnson, , MagicFM, she’ll, Johnson, Grey, , ” Johnson, Meryl Streep, Adam Driver, Emma Stone, Nicole Kidman, Jared Leto, Melanie Griffith, Don Johnson Organizations: CNN, Sony Pictures, Rotten
A junta spokesman did not respond to calls from Reuters seeking comment. The current size of the anti-junta resistance is now likely higher with the emergence of more resistance groups as the conflict drags on, analysts said. The Tatmadaw, as the military is known, has not publicly declared the size of its fighting force in recent years. A dozen people eligible to serve also told Reuters that they would rather leave the country than join the military. "They couldn't send backup troops in Rakhine battles," AA spokesman Khine Thu Kha told Reuters via phone.
Persons: Richard Horsey, Nobel, Aung, Suu Kyi, Ye Myo Hein, Generals, Anthony Davis, Miemie Winn Byrd, Htet Myat, Min Aung Hlaing, Andrew Selth, Selth, Khine Thu Kha, Devjyot, Miral Fahmy Organizations: Reuters, United States Institute of Peace, British, U.S ., Griffith Asia Institute, Arakan Army, Reuters Staff Locations: China, Bangladesh, Myanmar, Suu, U.S, Rakhine
And yet, Walton's wife and children didn't have to pay a dime in estate tax. With an FLP, an individual — often a parent or two parents — pools their business assets, which are commonly real estate or stock. There are pragmatic reasons for keeping family business assets consolidated, according to Dan Griffith of Huntington Private Bank. Another sweetener: you can claim a discount on the assets within the FLP and use even less of your estate tax exemption. This would eliminate all gift and estate tax on the business even if the couple dies after the Trump tax cuts sunset.
Persons: , Sam Walton, didn't, Donald Trump, Dan Griffith, , Griffith, Robert Strauss, Weinstock Manion, Strauss, Edward Renn, Renn, Trump, that's, Katie Carlson Organizations: Service, Walmart, Business, Huntington Private Bank, IRS, Partners, Bank of, Trump
Jessica Simpson wears Dallas Cowboys quarterback Tony Romo's jersey number at a 2007 Eagles-Cowboys football game in Texas. LM Otero/APA swift understandingSwift first appeared at a Chiefs game in September before the now-couple confirmed their romance. Fans display signs in support of Taylor Swift during a Raiders-Chiefs football game in Kansas City in December. Amid the chaos of every day life – she has four kids – Swift’s music provides an escape. Taylor Swift celebrates with fans at the Dolphins-Chiefs football game in Kansas City in January.
Persons: Jessica Simpson, Tony Romo, Romo, Simpson, Todd Chance, Taylor, Travis Kelce, , ” Chance, Chance, Swift, They’re Chiefties, Tony Romo's, LM Otero, Chance’s, Harold, Todd, ’ ”, , Taylor Swift, Jamie Squire, Megan Jennings, Jennings, , ” Jennings, “ She’s, Danielle Griffith, Taylor immerses, ” Griffith, Neilson, Donna Kelce, Travis, Jason, “ I’ve, CNN’s Lisa Respers, ” Kelce, “ I’m Organizations: CNN, Dallas Cowboys, Philadelphia Eagles, Cowboys, Kansas City Chiefs, Chiefs Kingdom, NFL, Chiefs, Swift, Eagles, “ Wolfpack, Super Bowl, Bowl, Raiders, Kansas City, Dolphins, Facebook Locations: Chiefs Kingdom, Texas, Missouri, Kansas, Kansas City, Swiftie, CNN’s Lisa Respers France
Apple | Spotify | Amazon | YouTube Listen and follow ‘Hard Fork’Bluesky, the Twitter spinoff, is now open for public sign-ups. Can its dreams of decentralization fix social media? We talk with the company’s chief executive, Jay Graber. Then, the New York Times reporter Erin Griffith on how Adobe’s failure to acquire Figma has spooked tech companies and upset Silicon Valley’s start-up pipeline. And finally, updates on ancient scrolls and artificial intelligence, Google’s chatbots, and the fight between record companies and TikTok.
Persons: Jay Graber, Erin Griffith, Figma, Google’s chatbots Organizations: Apple, Spotify, YouTube, New York Times
“I’m still waiting to see when that happens,” Griffiths said. Photos You Should See View All 21 ImagesSudan plunged into chaos last April with street battles between the generals’ rival forces in the capital, Khartoum, that spread to other areas. Western Darfur, which was wracked by bloodshed and atrocities in 2003, has been an epicenter of the current conflict, an arena of ethnic violence where paramilitary troops and allied Arab militias have been attacking African ethnic groups. Secretary-General Guterres urged support for the ICC, saying its role in prosecuting those involved in “atrocities” in Darfur “is absolutely essential.”Humanitarian chief Griffith and U.N. refugee chief Filippo Grandi appealed for $4.1 billion in international support for embattled civilians in Sudan amid signs that some may be dying of starvation after nearly a year of war. The agencies said that half of Sudan’s population, or around 25 million people, requires support and protection, and that the requested funds would go to help millions of civilians in Sudan and others who have fled abroad.
Persons: António Guterres, , ” Guterres, , Abdel Fattah Burhan, Mohamed Hamdan Dagalo —, Guterres, , Martin Griffiths, “ I’m, ” Griffiths, Karim Khan, ” Khan, General Guterres, Griffith, Filippo Grandi Organizations: UNITED NATIONS, United Nations, Rapid Support Forces, African Union, Arab League, International Criminal Court, ICC Locations: Sudan, Addis Ababa, Ethiopia, Geneva, Switzerland, Khartoum, Darfur, Rome, Chad
On Dec. 18, a $20 billion deal by Adobe, the software giant, to buy Figma, a San Francisco start-up darling, fell apart after more than a year of regulatory scrutiny. In a blog post that day, Dylan Field, Figma’s chief executive and co-founder, painted an optimistic picture of what would come next. Behind the scenes, the start-up, a design platform, is picking up the pieces. In recent weeks, Figma said it had reset its internal valuation to $10 billion — half of what Adobe planned to pay for it. Figma is also grappling with a tech industry that has been changed by a frenzy over artificial intelligence.
Persons: Dylan, , , Figma, Michael Amodeo Organizations: Adobe Locations: San Francisco
A congressional investigation has determined that five American venture capital firms invested more than $1 billion in China’s semiconductor industry since 2001, fueling the growth of a sector that the United States government now regards as a national security threat. Funds supplied by the five firms — GGV Capital, GSR Ventures, Qualcomm Ventures, Sequoia Capital and Walden International — went to more than 150 Chinese companies, according to the report, which was released Thursday by both Republicans and Democrats on the House Select Committee on the Chinese Communist Party. The investments included roughly $180 million that went to Chinese firms that the committee said directly or indirectly support Beijing’s military. That includes companies that the U.S. government has said provide chips for China’s military research, equipment and weapons, such as Semiconductor Manufacturing International Corporation, or SMIC, China’s largest chipmaker. The report by the House committee focuses on investments made before the Biden administration imposed sweeping restrictions aimed at cutting off China’s access to American financing and technology.
Persons: Walden International —, Biden Organizations: , GSR Ventures, Qualcomm Ventures, Sequoia Capital, Walden International, Republicans, Democrats, Chinese Communist Party, Semiconductor Manufacturing International Corporation Locations: United States
The effect of police violence on Black Americans is tracked in two new studies, with one tying police-involved deaths to sleep disturbances and the other finding a racial gap in injuries involving police use of Tasers. The health effects of police violence on Black people “need to be documented as a critical first step to reduce these harms,” three editors of JAMA Internal Medicine wrote in an editorial published Monday with the studies. For the sleep study, researchers looked at responses from more than 2 million people from 2013 through 2019 in two large government surveys. They focused on people's reports of sleep in the months following police-involved killings of unarmed Black people. ___The Associated Press Health and Science Department receives support from the Howard Hughes Medical Institute’s Science and Educational Media Group.
Persons: Eric Garner, Tamir Rice, , Atheendar, Tasers, , Kevin Griffith Organizations: Mapping, Justice Department, University of Pennsylvania, Vanderbilt University, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: U.S
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