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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHoneywell Industrial Automation CEO on AI's impact on workforce and business efficiencyLucian Boldea of Honeywell Industrial Automation says AI will tackle both the 'quantity' and 'quality' of workforce skills gap.
Persons: Lucian Boldea Organizations: Honeywell, Automation
But the Biden administration, lawmakers and ports management continue to differ in their views of the true nature of the threat. Kurt Fredrickson, a Coast Guard spokesman, told CNBC via email that even if the software is not Chinese, all software has vulnerabilities, regardless of origin. "Software is everywhere," Gene Seroka, executive director of the LA port, told CNBC in a recent interview at the TPM conference. They warn the crane software concerns are part of a much larger societal risk. He added that regardless of the origin of the crane software and the origin of a crane's manufacturing, there are ways to mitigate cyber risk.
Persons: Biden, Jay Vann, Robert Murray, it's, Kurt Fredrickson, Murray, Carlos Gimenez, Melanie Stambaugh, Greg Ehrie, Doug Vogt, Vogt, Mario Cordero, Noel Hacegaba, Cordero, Gene Seroka, Lucian Niemeyer, Trump, Niemeyer Organizations: CNBC, ABB, Germany's Siemens, Counterterrorism, Law, Intelligence, Homeland Security, U.S . Coast Guard Cyber Command, Biden Administration, People's, Capitol, National Association of Waterfront Employers, Coast Guard, Transportation, Maritime Security, of South Carolina, Northwest Seaport Alliance, USCG, American Association of Port Authorities, New Jersey Port Authority, Siemens, New, Port, Biden, North Carolina Ports, ZPMC, NC, United States Coast Guard, Samsung, U.S . Department of Homeland Security, DHS, U.S . Coast Guard, Security, Defense for Energy, National Security, Management, Maritime Transportation, Joint Force, MTS, Readiness Locations: China, Swiss, People's Republic of China, U.S, of South, China . Port of Long Beach, Tacoma, Seattle, York, New Jersey, New York, Port of New Orleans, of Long Beach, Port of Long, Port of Los Angeles, Port, Oakland, Georgia, Finland, Japan, Taiwan, Europe, Shanghai
Seattle University is making plans for a new art museum, thanks to a gift of a $300 million art collection and $25 million in seed money from a donor, the university trustees announced on Wednesday. The donation — by Richard Hedreen, a real estate developer — is the largest gift in the history of the university, a Jesuit institution founded in 1891, the trustees said in a statement. Hedreen is donating his entire collection, which has more than 200 works of art dating from the 15th century to today, including art by Thomas Gainsborough, Lucian Freud and Amy Sherald. “It’s a remarkable teaching collection,” the university’s president, Eduardo Peñalver, said in a phone interview, adding that “we look forward to having that on our campus and have our faculty, our students be able to use that across the entire curriculum in sparking their own learning and discussion.”
Persons: Richard Hedreen, Thomas Gainsborough, Lucian Freud, Amy Sherald, , Eduardo Peñalver, Organizations: Seattle University,
Khorram allegedly ordered prostitutes and illicit drugs for Combs and his guests and according to the lawsuit, Jones believed Khorram “aided and abetted” Combs’ sexual assault. “Our attempts to share this proof with Mr. Jones’ attorney, Tyrone Blackburn, have been ignored, as Mr. Blackburn refuses to return our calls. “This was done to ease Mr. Jones’ anxiety concerning homosexuality,” the suit alleges. In a statement to CNN, he called Jones’ allegations “false.”“My lawyer will be handling this going forward,” Stevie J added. Combs was present while Mr. Jones was being assaulted by Cuba Gooding Jr.,” the suit alleges.
Persons: CNN —, Sean “ Diddy ” Combs, ” Rodney “, Rod ” Jones, videographer, Combs, Jones, Combs ’, Kristina Khorram, Sir Lucian Grainge, Justin, Justin Combs, Khorram, Khorram “, abetted ” Combs, , DeLeon Tequila, Grainge, Habtemarian “, ” Jones, Shawn Holley, Sean Combs, , ” Holley, Tyrone Blackburn, Blackburn, “ Justin Combs, Sean, Diddy, Chris Pizzello, Steven ‘ Stevie J ’ Jordan, Stevie J, , Oscar, Cuba Gooding, Jr, Mr, “ Mr, ” Gooding, Casandra Ventura, ” Ben Brafman, Ventura, ” Weeks, ” Combs, Rodney Jones, Lucian Grainge, Grainge “ Organizations: CNN, Universal Music Group, Motown, Ethiopia, Khorram, Billboard, Islands, Motown Records, Cuba Locations: New York, Los Angeles
Since then, I've lived in places like Wales, the Czech Republic, Spain, Italy, and Greece. But I loved immersing myself in new cultures, forming close friendships, and discovering new delicacies in every possible city. I felt knowledgeable about my destinations from my education, books, and television, but you never truly know a country until you've lived like a local. Here are 11 things that surprised me during my travels. AdvertisementLiving in Spain can require a lot of paperworkSome parts of Spain still embrace the tradition of siesta.
Persons: , Lucia, I've, you've, Shutterstock There's, Lucian, Nasha Smith, haven't, St, Nasha Smith Kentucky Fried Organizations: Service, Business, siesta, KFC, Barbados, Rihanna Locations: St, Wales, Czech Republic, Spain, Italy, Greece, Prague, Crocetta del, Venice, Bologna, Texas, New York, Kansas , Mississippi, Tennessee, Europe, Caribbean, Olympia, Skafidia, Barcelona, Llobregat, Barcelona's, Nasha Smith Kentucky, Asia, New Zealand, Detroit , Louisiana, Central Europe, Czech
Kate Moss at 50: A supermodel through the decades
  + stars: | 2024-01-16 | by ( Amy Woodyatt | ) edition.cnn.com   time to read: +7 min
CNN —British supermodel Kate Moss turns 50 today — and she remains as much a cultural icon as when she emerged as a breakout star more than three decades ago. Johnny Green/PA/Getty Images Kate Moss and her then-boyfriend, the actor Johnny Depp, attend the Golden Globe Awards in 1995. Dave M. Benett/Getty Images Kate Moss and Jamie Hince pose with bridesmaids after getting married on July 1, 2011 in Southrop, England. Jewel Samad/AFP/Getty Images Moss arrives for a screening of the movie "Loving" at the 2016 Cannes Film Festival. Scroll through the gallery above to see some of the most memorable moment’s from Kate Moss’ life and career.
Persons: Kate Moss, Moss, it’s, , Corinne Day, Cindy Crawford, Naomi Campbell, Claudia Schiffer, Chanel, Calvin Klein, Johnny Green, Johnny Depp, Ron Davis, Pierre Verdy, Donatella Versace, De, UPPA, Zuma Moss, Pete Doherty, MJ Kim, Alexander McQueen's, Andy Paradise, Banksy, Andy Warhol's, Marilyn Monroe, Carl De Souza, Marc Jacobs, Patrick McMullan, Mario Testino, Kate Who, Dave M, Jamie Hince, bridesmaids, Neil Mockford, Stella Tennant, Lily Cole, Karen Elson, Jourdan Dunn, David Gandy, Jewel Samad, Antonin Thuillier, Stella McCartney, Chris Joseph, Louis Vuitton's, Peter White, Lila, Princess Eugenie of York, Jack Brooksbank, George's, Alastair Grant, Stephane De Sakutin, Amber Valletta, Daniele Venturelli, Amber Heard, Evelyn Hockstein, Jamie McCarthy, David Bailey, Kate, ” Moss, Jefferson Hack, Marc Quinn, Lucian Freud, Johnny Cash, Paul McCartney, Elton John Organizations: CNN, Vogue, Burberry, British Vogue, Getty, Globe, Glastonbury Music, Olympic, London, Louis, Milan, BBC, Forbes, Stripes Locations: British, South London, Croydon, London, Couture, Paris, AFP, Glastonbury, New York City, Southrop, England, St, Windsor , England, Fairfax, Fairfax , Virginia, Arizona, Egypt
The lack of sunlight from shorter winter days can bring on depressive symptoms, and social isolation is common among people with seasonal affective disorder. BenAkiba/E+/Getty ImagesTaking care of your health is key to dealing with seasonal affective disorder. Here’s what experts say you can do to manage seasonal affective disorder. Social isolation is common among people with seasonal affective disorder, and isolating may contribute to depressive symptoms. Antidepressants are another option that Manu recommended for people with severe seasonal affective disorder.
Persons: Joseph Takahashi, , Jason Tucciarone, ” Tucciarone, Tucciarone, Thomas Kilkenny, Kilkenny, Lucian Manu, Manu, Jocelyn Solis, Moreira Organizations: CNN, University of Texas Southwestern Medical Center, Stanford University School of Medicine, Northwell Health, Kilkenny, , Stony Brook Medicine Locations: New York, Tucciarone, Stony
[1/2] Universal Music Group logo is seen displayed in this illustration taken, May 3, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsOct 26 (Reuters) - Cultural phenomenon Taylor Swift helped fuel revenue at Universal Music Group (UMG.AS) in the third quarter, the world's largest record label said on Thursday. Universal Music and a number of its artists also partnered with YouTube on a Music AI Incubator, to explore how to use the technology to enhance artist creativity. EBITDA for the quarter fell 11.3% to 478 million euros, reflecting the impact of non-cash share-based compensation expenses of 103 million euros during the quarter. Revenue from music publishing rose 17.5% to 491 million euros, while merchandise sales increased 20.1% to 227 million euros.
Persons: Dado Ruvic, Taylor Swift, Swift, Lucian Grainge, Grainge, we're, Morgan Wallen, Olivia Rodrigo, King, Prince, Dawn Chmielewski, Chizu Nomiyama, Jonathan Oatis Organizations: Universal, REUTERS, Universal Music, YouTube, Revenue, Thomson Locations: Los Angeles
Donald Trump is attending his NY civil fraud trial, now midway through its third week. She told a court officer she wanted to 'help' Trump, but was told to sit down, and later arrested. AdvertisementAdvertisementA female court employee was arrested on a contempt of court charge on Wednesday after approaching Donald Trump from the audience of his civil fraud trial in New York and trying to speak to him during testimony. She sat back down in the audience when told to by a court officer. A spokesman for the New York court system, Lucian Chalfen, later confirmed that the woman was a court employee.
Persons: Donald Trump, Trump, , Lucian Chalfen, Chalfen Organizations: Service, Law360, New, NY, Trump, Mr Locations: New York
The future of AI is set to be "spiritually, politically, and economically" corrosive, Lanier said. He noted that people building AI tech should let go of sci-fi wish fulfillment. He noted that, while this year has been the "year of AI," next year the world is going to be "flooded, flooded with AI-generated music." A deluge of generative AI content, from simple search prompts to eerie deepfakes, is now up for broad government regulation. In addition to AI-generated content nixing human connection found through creative works and causing an eventual collapse of the creative economy, Lanier said AI-generated content that can be perfected and customized also undermines peoples' "sense of reality.
Persons: Lanier, , Arianna Huffington's, OpenAI's ChatGPT, Lucian Grainge, Grainge, Kali Hays Organizations: Service, Microsoft, Universal Music, Twitter Locations: khays@insider.com, @hayskali
There’s mischief in every Dahl story, and the voice of the writer is very strong. When I made “Fantastic Mr. Fox” and I was working on the script, we stayed at the house for some time. In those days, that writing hut was still filled with his things and left the way he had it. I remember there’s a portrait of Lucian Freud by Francis Bacon next to a portrait of Francis Bacon by Lucian Freud. It sounds like the kind of set I might expect to see in a Wes Anderson film, filled with these totems and details.
Persons: he’s, Ophelia, Lucy, Theo, Henry Sugar, Ralph Fiennes, Fox ”, Dahl, He’d, Lucian Freud, Francis Bacon, Wes Anderson
As an NYU student, I've been able to study abroad in Florence and Paris. I still love traveling and will study abroad again next semester. AdvertisementAdvertisementAt Gallatin, I have the freedom to study abroad as many times as I want. Because of this, I studied at NYU Florence in the fall and NYU Paris in the spring of my sophomore year. I leaned into my other identities: I'm Black, Caribbean, Haitian, and St. Lucian, as well as a New Yorker.
Persons: I've, I'm, Lucian Organizations: NYU, Service, New York University, Gallatin School, NYU Florence, NYU Paris, NYU London, New Yorker Locations: Florence, Paris, Italy, Wall, Silicon, Gallatin, it's, Caribbean, New, America, Europe, London
Roman Abramovich and his ex-wife have an art collection worth close to $1 billion, leaked documents revealed. Works by Freud, Hockney, and Picasso are among the 367 items in the collection, The Guardian reported. Before oligarchs' assets were seized by the UK last year, Zhukova took majority control of the collection. Filip FilipovicAbramovich was among seven Russian oligarchs sanctioned by the UK in March last year. His assets, including Chelsea soccer club, were frozen and his $700 million superyacht, on which pieces from the art collection are believed to be displayed, was seized.
Persons: Roman Abramovich, Freud, Hockney, Picasso, Zhukova, Dasha, OCCRP, Monet, Andrew Renton, Francis Bacon's, Abramovich, Lucian Freud's, Cate Gillon, Vladimir Putin's, Putin's, Filip Filipovic Abramovich, Meritservus Organizations: Guardian, Service, The Guardian, Goldsmiths, University of London, Chelsea soccer, Government Locations: Wall, Silicon, Cyprus, London, Ukraine, Britain
A federal judge set Trump's election interference trial in Washington, DC, for March 4, 2024. Prosecutors want a trial quickly because Trump's social media attacks could influence the jury pool. Lucian Chalfen, a spokesperson for the New York state court system, told Insider that Trump's trial date in Manhattan has not been changed. Judges have sought to reign in Trump's social media posts in other ways. Lauro has previously said he wants the case trial in West Virginia, which legal experts say is unlikely to happen.
Persons: Donald Trump, Molly Gaston, Jack Smith, Tanya Chutkan, Trump, Joe Biden, Chutkan, Juan Merchan, Lucian Chalfen, Merchan, Judge Chutkan, Chalfen, Donald J, Tasos Katopodis, Trump's, Fani Willis, Georgia's, Jean Carroll's, Lewis Kaplan, Kaplan, defaming Carroll, John Lauro, Lauro Organizations: Prosecutors, Justice Department, Service, Justice, US, Republican, New, Trump, Fulton, Trump — Locations: Washington ,, Wall, Silicon, Washington , DC, Washington, DC, New York, Manhattan, Fulton County, Atlanta, West Virginia
Universal Music earnings boosted by strong sales
  + stars: | 2023-07-26 | by ( ) www.reuters.com   time to read: +1 min
July 26 (Reuters) - The world's largest record label Universal Music Group (UMG.AS) on Wednesday posted a better than expected second quarter core profit margin, boosted by strong sales from artists including Taylor Swift and South Korea's SEVENTEEN. Universal Music's quarterly margin on adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) rose to 21.9%, from 20.0% a year earlier, the group said in a statement. Adjusted EBITDA rose by 16.4% to 590 million euros ($653 million), higher than a company-provided consensus of 547 million euros. Universal Music reported revenues of 2.7 billion euros in the quarter, helped by a 10.6% yearly rise in recorded music subscriptions, the company added. Apart from Taylor Swift and South Korean boy band SEVENTEEN, other top sellers in the second quarter were King & Prince, Morgan Wallen, and Stray Kids, Universal Music said.
Persons: Taylor Swift, Lucian Grainge, Prince, Morgan Wallen, Alessandro Parodi, Toby Chopra, Barbara Lewis Organizations: Universal Music, Universal, Thomson Locations: South Korean
LONDON, June 23 (Reuters) - The last-ever portrait Austrian artist Gustav Klimt painted before he died is headed for auction next week, with a price estimate of $80 million. "Dame mit Fächer" ("Lady with a Fan") - a portrait of an unnamed woman - was still on an easel in Klimt's studio when the painter died in February 1918. It leads Sotheby's Modern & Contemporary Evening Auction on June 27 in London, with a price estimate of around 65 million pounds ($80 million). That price tag makes it "the most valuable ever to have been offered at auction in Europe," according to Sotheby's. "It’s very rare for a Klimt painting of this quality and caliber of a portrait of a woman to come to auction."
Persons: Gustav Klimt, Klimt, Helena Newman, Lucian Freud’s, Penelope Cuthbertson, Leonor Fini, Alberto Giacometti, Buste, Diego, Will Russell, Marie, Louise Gumuchian, Matthew Lewis Organizations: Sotheby’s, Reuters, Thomson Locations: London, Europe, Asia, Sotheby’s Europe
“As your president, I will do everything in my power to protect our L.G.B.T.Q. At the time, this sort of rhetoric was common among Trump and his allies, who fashioned themselves in the mold of European right-wing populists, demonizing Muslims as a threat to hard-won Western sexual freedoms. Seven years later, as the battle against wokeness has supplanted the war on terror in the right-wing imagination, conservative sympathies are reversing. “Republicans are wooing Muslim voters by promising to protect them from L.G.B.T.Q. “The revolt against the radical L.G.B.T.Q.I.+ takeover of the U.S. won another battle this week,” the article crowed.
Persons: Donald Trump, , Trump, Geert Wilders, Lucian Wintrich, wokeness, ” David Weigel, Laura Ingraham, ” Ingraham, Kareem Monib Organizations: Republican, Republican National Convention, Trump, White House, Pundit, Fox News, Muslim City Council, U.S Locations: Orlando, MAGA, Semafor, Maryland, Hamtramck, Mich
The motion also noted that the judge encouraged a former Trump Organization executive to cooperate during a prior case, calling that a preconceived bias against Trump. It is proceeding in state court ahead of a decision. The Trump Organization was not successful in getting him to step aside in the tax-fraud case. Trump's lawyers say the judge pushed former Trump Organization CFO Allen Weisselberg to cooperate during plea negotiations in last year's tax fraud case against him and the company. The Trump Organization was found guilty of tax fraud and fined $1.6 million.
Persons: Donald Trump, Justice Juan Merchan, Stormy Daniels, Read, Trump's, Juan Merchan, Merchan, Trump, Robert Tembeckjian, Daniels, Stephanie Clifford, Lucian Chalfen, Loren, Allen Weisselberg, Weisselberg, Karen Freifeld, Luc Cohen, Andy Sullivan, David Gregorio Our Organizations: U.S, Justice, New, Trump Organization, Trump, Democratic, Biden, Judicial, Manhattan District Attorney, Authentic, Thomson Locations: Manhattan, New York City, U.S, New York, Merchan
[1/3] An Air France aircraft, operated with sustainable aviation fuel (SAF) produced by TotalEnergies, is refueled before its first flight from Nice to Paris at Nice airport, France, October 1, 2021. Sustainable aviation fuel, or SAF, is typically made using biomass-based feedstocks such as soybean oil and used cooking oil. Honeywell said its process can reduce greenhouse gas emissions by 88% compared with traditional petroleum-based jet fuel. SAF is typically two to four times costlier than petroleum-based jet fuel. The United States produces around 24.7 billion gallons of petroleum-based jet fuel annually.
April 26 (Reuters) - Universal Music Group (UMG.AS), the label representing Drake and Taylor Swift, on Wednesday posted a slump in first-quarter core profit due to compensation expenses, and reiterated concerns over AI-made music. Core profit, or earnings before interest, taxes, depreciation and amortisation (EBITDA), slumped 43.4% in constant currency to 261 million euros ($288.04 million), due to non-cash, share-based compensation expenses, part of an equity compensation plan announced last year. Excluding these expenses, adjusted EBITDA was 522 million euros, up 13.0% on the same basis, and beating a consensus cited by Credit Suisse which had expected 513 million euros. UMG's CEO, Lucian Grainge, has come under shareholder pressure over an "excessive" $100 million pay deal, The Financial Times reported on Wednesday. Labels now face challenges like slowing global revenue growth in recorded music, particularly in established markets like the U.S, while the emergence of AI-generated music adds to their concerns, as many laws do not currently deem the replication of artists' voices as strictly illegal.
Universal Music profit slumps due to compensation expenses
  + stars: | 2023-04-26 | by ( ) www.reuters.com   time to read: +1 min
April 26 (Reuters) - Universal Music Group (UMG.AS), the label representing Drake and Taylor Swift, on Wednesday posted a significant drop in core profit due to compensation expenses, even as sales edged up in the first quarter. Core profit (EBITDA) for the first quarter fell 43.4% at constant currency to 261 million euros ($288.07 million), with the metric's margin also dropping to 10.6% from 20.6% in the same quarter a year earlier. The drop was due to non-cash, share-based compensation expenses of 261 million euros during the quarter, part of a global equity compensation plan announced in the fourth quarter of last year, UMG said. UMG's CEO Lucian Grainge has come under shareholder pressure over an "excessive" $100 million pay deal, The Financial Times reported on Wednesday. The group nonetheless posted higher first quarter sales, helped by growth in recorded music and music publishing.
The NY judge handling Donald Trump's criminal case made a $15 donation to President Joe Biden's campaign in 2020. Legal experts told Insider that it likely won't get the judge thrown off the case. But it will "feed the Trump PR beast" and doesn't bode well for public perception, the experts said. Legal experts told Insider on Friday that the political donations likely won't get New York Supreme Court Justice Juan Merchan thrown off of Trump's case, but that it will "feed the Trump PR beast" and doesn't bode well for public perception. "The Trump people will pounce on that"Former President Donald Trump appears in court for his arraignment, on April 4, 2023 in New York.
The NY judge handling Donald Trump's criminal case has gotten death threats, a source said. New York Supreme Justice Juan Merchan has received multiple threats over the last week, said the source. Trump targeted Merchan and his family in verbal and online attacks on the day of his Tuesday arraignment. A spokesman for New York's Office of Court Administration told Insider in a statement on Thursday that there continues to be a beefed up security presence "in and around" state courthouses. A spokesperson for Trump's 2024 presidential campaign did not immediately respond to a request for comment by Insider on Thursday.
Universal Music's CEO could receive stock options worth up to $100 million under a new contract. He took a annual pay cut to $5 million in the new contract that runs to 2028. Half of the $100 million equity option will be paid out in installments if the share price hits the targets of 26.50 euros, 30 euros, and 38 euros. The stock closed Friday at 23.30 euros in Amsterdam, valuing the company at just over 42 billion euros ($45 billion). Apple CEO Tim Cook collected almost $100 million last year alone, making about $83 million in stock awards, $12 million in incentives and salary of $3 million, CNBC reported.
A Manhattan grand jury did not meet as had been expected on Wednesday, a law enforcement source said, although it was unclear why that was or how much longer the grand jury would take to conclude its work. The Insider news outlet first reported the news that the grand jury would not convene on Wednesday. A spokesperson for Manhattan District Attorney Alvin Bragg's office declined to comment on the grand jury. Security officials are bracing for possible unrest, but so far few of Trump's supporters have heeded his call for protests. Several media outlets reported that his lawyer, Evan Corcoran, would testify on Friday before a federal grand jury in Washington investigating whether Trump mishandled sensitive federal documents.
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