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How Not to Be a Selfish Gardener - The New York Times
  + stars: | 2024-05-02 | by ( Olivia Laing | ) www.nytimes.com   time to read: +3 min
The idea of the garden as a place of sinister seclusion has found its way to the world of high fashion. In Ballard’s characteristically bleak tale, a desperate mob advances on an elegant garden, where Count Axel and his wife live out a civilized, secluded existence. The selfish gardener of the 21st century creates idyllic vistas that rely on fertilizers and pesticides that poison the wider ecosystem or demand water in a time of drought. In her gripping memoir of the Second World War, “War in Val d’Orcia,” she describes a similar tide of desperate humanity approaching her garden gate. Unlike Ballard’s Count Axel, she didn’t seek to repel them, retiring to the library to dust her statues.
Persons: J.G ., Count Axel, Anna Wintour, Iris Origo, Val d’Orcia, Christopher Lloyd, Fergus Garrett, Garrett Organizations: Vogue Locations: J.G . Ballard, La Foce, Tuscany, Val, England
Meta acquired a horde of GPUs in order to change its algorithm, not to build generative AI tools. However, Mark Zuckerberg decided to buy twice as many GPUs as Meta needed just in case"Our normal principle is there's going to be something on the horizon that we can't see yet." NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementWhen Mark Zuckerberg started amassing a large amount of GPUs in 2022, it was not for anything related to generative AI.
Persons: Meta, Mark Zuckerberg, , Zuckerberg, TikTok, Dwarkesh Patel, they're, we're, Kali Hays Organizations: Meta, Service, Nvidia, Facebook Locations: khays@businessinsider.com
President Vladimir V. Putin of Russia kept returning to one message over and over in his meandering, two-hour interview with the former Fox News host Tucker Carlson: Russia wants to negotiate a peace deal in Ukraine, albeit on the Kremlin’s terms. That message seemed aimed at the American right and Republicans in Congress, with an eye to undermining support for aid to Ukraine. If so, the day after the long-anticipated interview, it seemed lost in the muddle. The Russian leader’s discursive historical diatribes, delving into everything from the Rurik dynasty to the Golden Horde, dominated commentary about the interview online and overshadowed the message he intended to deliver. In Russia on Friday, experts and even some of Mr. Putin’s allies were also puzzling over why he gave short shrift to his main ideological commonality with Mr. Carlson’s followers: opposition to L.G.B.T.Q.
Persons: Vladimir V, Putin, Tucker Carlson, Rurik, Putin’s, Carlson’s Organizations: Fox News, Golden Horde Locations: Russia, Ukraine
Opinion | Here Comes Trump, the Abominable Snowman
  + stars: | 2024-01-13 | by ( Maureen Dowd | ) www.nytimes.com   time to read: 1 min
It’s the latest hot TV genre: a woman in a frigid outpost, bundled in puffy outerwear, trying to uncover truths buried in ice. And now I find myself in puffy outerwear, trudging through snow in glacial Iowa, trying to uncover truths buried in the ice. I don’t have as much of a mystery to unravel as the TV detectives. The only thing the horde of reporters here is trying to figure out is if Donald Trump will win the caucuses on Monday with a plurality or if he can pull off a majority. No one is expecting a Jimmy Carter/Barack Obama-style upset.
Persons: puffy outerwear, ” Jodie Foster, ” Emma Corrin, Donald Trump, Jimmy Carter, Barack Obama Organizations: puffy Locations: Alaska, Iceland, Iowa
The shutdowns of 2020 created a perfect storm for the housing market — and supercharged the clash between Wall Street and regular homebuyers. Given the attention these markets received during the pandemic, it's no wonder that the battle between Wall Street and Main Street became the dominant story of COVID-era homebuying. Advertisement"If Wall Street was really gobbling up Main Street," Sharga told me, "we would see homeownership rates go down." Wall Street landlords have also been increasingly selling off homes to regular people, a Business Insider analysis found. Still circlingWhile average homebuyers have staged a comeback over the past three years, Wall Street isn't ready to jump out of the housing market altogether.
Persons: homebuyers, That's, Wall, elbowed, Rick Sharga, CJ Patrick Company, they're, who've, Axios, Sharga, CoreLogic, Pretium —, John Voorheis, Voorheis, , Freddie Mac, James Rodriguez Organizations: Rage, Federal Reserve Bank of Philadelphia, Parcl Labs, Labs, National Association of Realtors, Wall Street, Investor, Wall, Tricon, Associates, Investors, Center for Economic Studies, Census Locations: Phoenix, Chicago, homebuilders, homeownership, Dallas, Charlotte, North Carolina, Atlanta
These are Wall Street’s favorite Warren Buffett stocks
  + stars: | 2023-11-26 | by ( Brian Evans | ) www.cnbc.com   time to read: +2 min
Berkshire Hathaway's stock portfolio is stuffed with companies that are also beloved by Wall Street analysts. E-commerce giant Amazon is the most recommended stock in the pool of candidates, with roughly 84% of analysts rating it a buy. Snowflake stock has climbed 18% so far in 2023, almost matching the S & P 500 return. SNOW YTD mountain Snowflake stock. Other stocks in the Berkshire portfolio that Wall Street also favors are Sirius parent Liberty Media and the country's second-largest oil major Chevron .
Persons: Warren Buffett, Warren, Tyler Radke, Michael Bloom Organizations: Wall Street, Berkshire Hathaway, Buffett, CNBC Pro, CNBC Berkshire Hathaway, Citigroup, Sirius, Liberty Media Locations: Berkshire, Chevron
Caroline Ellison got into the wrong car as she departed from the courthouse on Tuesday. A picture from the scene shows her shocked and panicked expression as she realized her mistake. The blunder illustrates the media circus around Sam Bankman-Fried's criminal trial. AdvertisementAdvertisementCaroline Ellison has had a chaotic few days since she began testifying in the criminal trial of her ex-boyfriend Sam Bankman-Fried. A picture from the scene shows Ellison's seemingly panicked expression as she realized she'd gotten into the wrong vehicle.
Persons: Caroline Ellison, Sam Bankman, , Ellison, she'd, Ellison's, Eduardo Munoz Alvarez, Fried Organizations: Service, InnerCity Press, Alameda Research, Prosecutors Locations: Manhattan
Ray Epps, in the red Trump hat, center, gestures to others as people gather on the West Front of the U.S. Capitol in Washington, D.C., Jan. 6, 2021. Ray Epps , the pro-Trump protester at the center of right-wing conspiracy theories about the government orchestrating the Capitol riot, plans to plead guilty Wednesday to a disorderly conduct charge related to his presence there, his attorney said. Epps, who is a former member of the right-wing Oath Keepers group, traveled to Washington, D.C., to protest the 2020 election results. In Monday's filing in U.S. District Court in Washington, D.C., Epps was charged with one count of knowingly engaging in "disorderly and disruptive conduct" with the "intent to impede and disrupt" the government's activity taking place Jan. 6. Epps' conduct "did in fact impede and disrupt the orderly conduct of Government business and official functions," U.S. Attorney Matthew Graves wrote in the two-page information.
Persons: Ray Epps, Epps, Joe Biden, Donald Trump, Edward Ungvarsky, Mike Pence, Trump, James Boasberg, Tucker Carlson, Matthew Graves Organizations: U.S, Capitol, Washington , D.C, Electoral, NBC News, Trump, FBI, U.S . Department of Justice, Fox News, Government Locations: Washington ,, Washington
While Brutti generally does the talking for (La)Horde — Harel and Debrouwer understand English, but aren’t as comfortable communicating — they speak as one. “He was like, ‘You’re young, you’re hot at the moment — if not now, when?’” the group said. It made them think — not about the job, but about how applying for it could serve (La)Horde, in a deeper way. They decided that they would create a manifesto about what contemporary dance could be today. Contemporary dance is something.
Persons: — Harel, Debrouwer, Childs, , Dimitri Chamblas —, Arts —, Chamblas, , , Horde Organizations: Ballet National, Marseille, California Institute of, Arts Locations: Los Angeles, Marseille
A conspiracy theory surrounding Nvidia has made the rounds on social media, and a Wall Street firm is having none of it. Bernstein debunked the baseless theory that CoreWeave is a shell company driving much of Nvidia's recent growth. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. And while Nvidia did buy a stake in CoreWeave, it also invested in 10 other AI startups so far this year. He reiterated his "Outperform" rating on Nvidia with a $675 price target, representing potential upside of 46% from current levels.
Persons: Bernstein, Stacy Rasgon, CoreWeave, Rasgon Organizations: Nvidia, Service, Twitter, Magnetar Capital, Blackstone, Blackrock, NVIDIA, Cloud Service Providers Locations: Wall, Silicon, CoreWeave, Texas, FQ2
“We’re going to be going crazy,” Mr. Cenat, a social media superstar who has become known for his marathon streaming sessions, said during a Wednesday broadcast on the social media platform Twitch. He announced a gathering in Union Square to tens of thousands of viewers. Two days later, thousands of young people showed up in Union Square, some of them jumping on cars and vans, many with their phones out and filming. Mr. Cenat was arrested — along with at least 65 other people — and charged by the police with inciting a riot. For those unfamiliar with Mr. Cenat — which it’s safe to say includes most over-21 New Yorkers — it was as though full-blown Beatlemania had suddenly materialized for some guy on the Q train.
Persons: Kai Cenat, “ We’re, Mr, Cenat, Beatlemania Organizations: ., Yorkers Locations: Union, York, Union Square, . New York
Summer is generally the busiest travel season of the year, and the Northeast, where I live, has been hit with consecutive weekends of severe thunderstorms, leading to thousands of flight cancellations. Dealing with the fallout of the cancellations is an additional fiasco on top of the already chaotic summer airport scene. At the risk of sounding like a hack comic — What is the deal with airlines? I tried to change that flight on my phone using the airline’s app, so I could get home sooner, but it and the airline’s website kept crashing. I went to the airport, but the gate agents told me they couldn’t reach the airline’s booking system, either on their computers or on the phone.
Locations: Savannah , Ga, New York, New York City, Atlanta
Why Did 488 Golden Retrievers Gather in Scotland?
  + stars: | 2023-07-19 | by ( Judith Newman | ) www.nytimes.com   time to read: 1 min
What is the sound of 488 golden retrievers barking? Imagine the sense of helplessness you might feel when someone’s baby is crying and you can’t solve the problem. Then multiply by, oh, 488. Then add in drenching rain and an onslaught of midges. For the photo, the owners were instructed to leash their dog to a stake in the ground and then scurry away for approximately 15 seconds so that the photographer, Lynn Kipps, could capture the wagging horde.
Persons: Lynn Kipps Locations: Scottish
The Great Bob Thompson, in Two Parts
  + stars: | 2023-06-15 | by ( Roberta Smith | ) www.nytimes.com   time to read: +1 min
But Thompson never doubted his talent and had a voracious appetite for culture in many forms: He consorted with New York’s Beat poets and its free jazz musicians as well as a broad range of artists. His career lasted barely eight years, but he left behind several hundred paintings, drawings and oil studies — a fabulous horde whose magnitude is still not well known. Some works are fairly true to the originals in their composition; elsewhere Thompson took liberties of all kinds. Frequent additions include large silhouettes of monstrous birds that protect, threaten or attack — either physically or spiritually. Sometimes the human figures grasp the birds by their feet, holding them aloft, like trophies or weapons.
Persons: Bob Thompson, Thompson, Giotto, Manet Organizations: York’s Locations: Louisville, Ky, Rome
New York will get a new dance festival this fall: Van Cleef & Arpels, the French luxury jeweler, announced on Tuesday that it would sponsor a 16-day event partly aimed at bringing more international choreographers and ensembles to the city. The festival, Dance Reflections, will feature groups like LA(HORDE), a French collective that will perform a work set to electronic music with the Ballet National de Marseille. The festival will open with an American classic: “Dance,” a 1979 collaboration between the postmodern choreographer Lucinda Childs and the composer Philip Glass, performed by the Lyon Opera Ballet on Oct. 19 at New York City Center. “We want to combine together very different approaches and to promote the diversity and richness of dance,” Serge Laurent, director of dance and culture programs for Van Cleef & Arpels, said in an interview. “It’s important for the development of artists and audience to be exposed to different approaches, and to have another view of the international scene.”The lineup also includes work by the experimental choreographer Gisèle Vienne and U.S. premieres by Rachid Ouramdane, who directs the Chaillot-Théâtre National de la Danse in Paris; the contemporary choreographer Dimitri Chamblas, in a collaboration with Kim Gordon; the Polish-born choreographer Ola Maciejewska; and the British-Rwandan artist Dorothée Munyaneza.
Persons: Van Cleef, Lucinda Childs, Philip Glass, ” Serge Laurent, , Gisèle Vienne, Rachid Ouramdane, Dimitri Chamblas, Kim Gordon, Ola Maciejewska, Dorothée Munyaneza Organizations: Ballet, de Marseille, Lyon Opera Ballet, New York City Center, Danse, British Locations: York, French, Paris, Polish, Rwandan
Gold flirts with all-time highs as banking concerns deepen
  + stars: | 2023-05-04 | by ( ) www.cnbc.com   time to read: +2 min
Ingots of 99.99 percent pure gold are placed in a workroom at Krastsvetmet precious metals plant in the Siberian city of Krasnoyarsk, Russia, January 31, 2023. REUTERS/Alexander ManzyukGold made another run toward record highs on Thursday as U.S. banking concerns accelerated a flight to the safe-haven asset and sustained its stellar rally driven by bets for a pause in U.S. rate hikes. Spot gold was up 0.3% at $2,045.79 per ounce after climbing earlier to $2,072.19, shy of a record high of $2,072.49. The Fed Funds target rate stands in the 5%-5.25% range, with markets expecting rate cuts in the second half of the year. In physical markets, lofty prices have tarnished gold demand in top Asian retail hubs.
In South Africa, a social media influencer who added “Vladimir” to his Twitter name to convey his reverence for the Russian president transmits Russian-generated content over Twitter and Telegram to a growing audience that now numbers 148,000 followers. On Afrique Média, a television channel based in Cameroon that reaches millions of people in Africa and recently signed a partnership with RT, the state-funded Russian television network, pundits regularly praise Russia’s invasion of Ukraine, with one recently declaring, “Glory to Putin.”An animated video circulating online shows a brave Russian commando from the Wagner group, which is fighting for Russia in Ukraine, joining West African soldiers to defeat a horde of invading zombies from France. Over the past year, a flood of pro-Russian content has increasingly been surfacing on news outlets and social media platforms in Africa. The messages aim to drum up support for the invasion of Ukraine, and to frame Russia’s growing presence on the African continent as beneficial, while vilifying American and European — especially French — involvement in Africa.
Before I go check my remaining stash to make sure it's all real, let's dive into today's tech. Amazon's flawed job posting process. The company had little oversight of the hiring process until last year, Insider learned. Check out this leaked, all-hands message about "single-digit" percentage cuts to AWS)My colleague Eugene Kim breaks down Amazon's flawed hiring process. He shared the red flags he overlooked during the hiring process, including the hiring of a new chief revenue officer.
Posting to social media sounded like an easy work-from-home gig, so he applied. This post from the Prigozhin-backed Social CMS network in Mexico referred to America as "we." He verified his account by providing chat transcripts, screenshots, contracts, and internal company documents. But just because Social CMS didn't yield an immediate, large-scale impact doesn't mean it should be ignored. "I didn't know who are you," wrote the person who is listed in the corporate directory as Prigozhin's media liaison.
Startup investors are increasingly warning of an apocalyptic scenario in the VC world — namely, the emergence of "zombie" VC firms that are struggling to raise their next fund. Life becomes harder for zombie firms in a higher interest rate environment, as it increases their borrowing costs. Investors expect this gloomy economic backdrop to create a horde of zombie funds that, no longer producing returns, instead focus on managing their existing portfolios — while preparing to eventually wind down. "There are definitely zombie VC firms out there. "We're going to see a lot more zombie venture capital firms this year," Steve Saraccino, founder of VC firm Activant Capital, told CNBC.
Super Bowl ads lean on stars, humor to grab attention
  + stars: | 2023-02-09 | by ( Sheila Dang | ) www.reuters.com   time to read: +5 min
[1/3] Musician Ozzy Osbourne takes part in a Super Bowl ad for Workday, in this undated handout photo provided by Workday. Big-name celebrities are not uncommon in Super Bowl ads. A 30-second Super Bowl spot this year sold for a little over $7 million, according to a person familiar with the ad sales. “Advertisers want people talking about their brand, and not just during the 30 to 60 seconds of (Super Bowl) air time,” Rucker said. Some stars will poke fun at themselves or their careers in Super Bowl ads.
It was unclear how large or violent such demonstrations might shape up to be, but skittish authorities took no chances. Citing the call to action on social media, a Supreme Court justice ordered local authorities in cities across Brazil to prevent protesters from blocking roads or occupying public spaces and buildings. A police officer carries away part of a vandalized sculpture Tuesday at the Supreme Court building in Brasília. Carl De Souza / AFP - Getty ImagesJustice Minister Flávio Dino told local press this week that authorities have identified some of the protest’s financiers. In November, the Supreme Court froze 43 bank accounts of people accused of having financed roadblocks that disrupted highway traffic in the wake of Lula’s victory.
How to be hawkish by J.Powell
  + stars: | 2022-11-30 | by ( Wayne Cole | ) www.reuters.com   time to read: +2 min
SYDNEY, Nov 30 (Reuters) - A look at the day ahead in European and global markets from Wayne Cole. The analyst view is that he will have to play Grinch to stop U.S. markets from further easing financial conditions. Since the Fed hiked by 75 basis points on Nov. 2, 10-year yields have fallen 38 basis points and undone much of that good work. Whether he can be hawkish enough is another matter given the signs of a turning point in inflation are mounting. That suggests today's EU-wide inflation figure will undershoot the forecast of 10.4%, even if the core measures prove stickier.
Russian forces withdrew from the southern city of Kherson last week — a major victory for Ukraine. Last week, Moscow ordered a withdrawal of troops from Kherson — the largest city that was occupied by Russian forces since the start of the invasion in February. During their retreat from Kherson, Russian forces blew up two major power-providing facilities in the region, plunging thousands into darkness, Volodymyr Kudrytskyi, the head of Ukraine's power grid operator Ukrenergo, said last week. Some Kherson residents told The Guardian they're trying to collect as much wood as possible to keep warm. Officials in Ukraine's capital city Kyiv are preparing for the possibility of a complete evacuation because they are unable to maintain their electricity grid.
Amid persistent inflation, investors have been nervously eyeing how consumer spending pans out during the crucial holiday season, when retailers make more than a third of their annual profits. The world's largest retailer by sales forecast holiday quarter U.S. same-store sales, excluding fuel, to increase about 3%, below estimates of a 3.4% increase. The company's comments follow those of FedEx and Amazon, which have also warned of muted holiday season demand in recent weeks. Home improvement chain Home Depot (HD.N) on Tuesday left its annual forecasts unchanged, adding to holiday season concerns amid a slowing housing market. read moreFor the full-year, Walmart forecast net sales to rise 5.5%, above its previous forecast of a 4.5% increase.
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