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This story is available exclusively to Business Insider subscribers. AdvertisementA representative for Sternlicht told Business Insider the house was to be demolished but did not provide further comment. The tony island of Nantucket is a favorite among billionaires like former Google CEO Eric Schmidt and Blackstone leader Steve Schwarzman. "Erosion takes out houses, roads, infrastructure, sewer beds, even airport runways," he told Business Insider. Despite the island's propensity for natural destruction, the town has strict rules regarding what structures owners can take down.
Persons: Barry, Sternlicht, Forbes, Shelly Lockwood, tony, Eric Schmidt, Steve Schwarzman, James Pallota, Pallota, Lockwood, Brendan Maddigan, Steven Cohen, Cohen Organizations: Service, Billionaire, Business, Sternlicht, Nantucket Current, Blackstone, Celtics, Boston Globe Locations: Nantucket
The World Anti-Doping Agency on Thursday appointed a special prosecutor to review how 23 Chinese swimmers who tested positive for a banned drug were allowed to avoid public scrutiny and compete at the 2021 Olympics, where they won gold medals and set records. The decision to appoint the special prosecutor, Eric Cottier of Switzerland, came amid an outcry from top government officials, antidoping experts and authorities, and athletes over the way Chinese antidoping officials and the global regulator, known as WADA, handled the positives. “WADA’s integrity and reputation is under attack,” the WADA president, Witold Banka, said in a statement. “In the past few days, WADA has been unfairly accused of bias in favor of China by not appealing the Chinada case to the Court of Arbitration for Sport. We continue to reject the false accusations and we are pleased to be able to put these questions into the hands of an experienced, respected and independent prosecutor.”
Persons: Eric Cottier of, WADA, Witold Banka, , Organizations: Doping Agency, New York Times, Sport Locations: Eric Cottier of Switzerland, China
10 Highlights From the Venice Biennale
  + stars: | 2024-04-24 | by ( Jason Schmidt | Photographs | ) www.nytimes.com   time to read: 1 min
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The Biden administration’s top drug official called on Monday for an independent investigation into how Chinese and global antidoping authorities decided to clear 23 elite Chinese swimmers who tested positive for a banned drug months before the Summer Olympics in 2021. The official, Rahul Gupta, who is the director of the Office of National Drug Control Policy, said that he planned to bring up the handling of the positive tests during a two-day meeting of sports ministers in Washington. Top members of the World Anti-Doping Agency are scheduled to attend the event, which starts Thursday. “The United States stands by its commitment to ensure that every American athlete and those across the globe are provided a level playing field and a fair shot in international athletic competitions,” Dr. Gupta said in response to questions from The New York Times. “There must be rigorous, independent investigations to look into any incident of potential wrongdoing.”
Persons: Rahul Gupta, , ” Dr, Gupta Organizations: Biden, of National Drug Control, Doping Agency, The New York Times Locations: Washington, United States
The revelation that 23 Chinese swimmers tested positive for a banned drug seven months before the Tokyo Olympics but were secretly cleared and allowed to continue competing has exposed a bitter and at times deeply personal rift inside the sport, and brought new criticism of the global authority that oversees drug-testing. An American Olympian who took home a silver medal from Tokyo said she felt her team had been “cheated” in a race won by China. A British gold medalist called for a lifetime ban for the swimmers involved. The sports minister in Germany, where a documentary on the case was broadcast Sunday, demanded an investigation. And a simmering feud between officials at the World Anti-Doping Agency, the global regulator known as WADA, and their U.S. counterparts burst into the open in a flurry of caustic statements and legal threats.
Persons: , , WADA Organizations: New York Times, Tokyo Games, China, Doping Agency Locations: Tokyo, China, American, British, Germany
In the first days of 2021, seven months before the pandemic-delayed Tokyo Olympics, 23 of China’s best swimmers tested positive for the same banned drug at a domestic meet. Chinese antidoping officials investigated and declared the case an unusual mass-contamination event that could be traced to the presence of a heart medication, trimetazidine, known as TMZ, in the kitchen of a hotel where the swimmers had stayed for a New Year’s event in late December 2020 and early January 2021. The World Anti-Doping Agency, the global authority that oversees national drug-testing programs, looked into the episode but then accepted that theory and allowed China to keep the results secret.
Organizations: TMZ, Doping Agency Locations: Tokyo, China
Twenty-three top Chinese swimmers tested positive for the same powerful banned substance seven months before the Tokyo Olympic Games in 2021 but were allowed to escape public scrutiny and continue to compete after top Chinese officials secretly cleared them of doping and the global authority charged with policing drugs in sports chose not to intervene. Several of the athletes who tested positive — including nearly half of the swimming team that China sent to the Tokyo Games — went on to win medals, including three golds. Many still compete for China and several, including the two-time gold medalist Zhang Yufei, are expected to contend for medals again at this year’s Summer Games in Paris. China acknowledged the positive tests in a report by its antidoping regulator, saying the swimmers had ingested the banned substance unwittingly and in tiny amounts, and that no action against them was warranted. But an examination by The New York Times found that the previously unreported episode sharply divided the antidoping world, where China’s record has long been a flashpoint.
Persons: Tokyo Games —, Zhang Yufei Organizations: Tokyo Olympic Games, Tokyo Games, New York Times, Aquatics, Doping Agency Locations: China, Paris
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBritish Chamber of Commerce in Germany: Brexit continues to have negative impactMichael Schmidt, president of the British Chamber of Commerce in Germany, discusses a report that found Brexit continues to negatively weigh on business and trade in the U.K. and European Union.
Persons: Brexit, Michael Schmidt Organizations: British, of Commerce, British Chamber of Commerce, Union Locations: Germany
However, if you were a fan of German soccer club Bayer Leverkusen, little changed for you over those 31 years – there was just a lot of disappointment. Since winning the German Cup in 1993, Leverkusen relentlessly explored increasingly agonizing ways of spurning chances to win trophies. The current season has already reaped rewards in the form of the Bundesliga title, with potential domestic and European competition success transforming this into a season for the ages. Everybody was on the pitch this evening, everybody was crying.”After years being the butt of the joke, Leverkusen fans could finally spin the narrative. Leverkusen fans celebrated en masse on the pitch after winning the German league title.
Persons: , David Letterman ’, Xabi, Alonso, Mike Hewitt, , Schwarzroten, ‘ You’ll, Olaf Schmidt –, , midfifelder, Jeremie Frimpong, Xabi Alonso, Lars Baron, Florian Wirtz’s wizardry, Deutscher Meister ’, ” Schmidt, , Schmidt, Andreas Rentz, ” Uwe Schewiola Organizations: CNN, Chicago Bulls, NBA, The Bulls, Bayer Leverkusen, Basque, Bundesliga, Europa League, West Ham United, Getty, Real Madrid, , Olaf Schmidt – Leverkusen, CNN Sport, Bayern, Spain, Leverkusen, Bayern Munich, Bayer, Werder Bremen, Black, Reds, FC Kaiserslautern Locations: German, Europe, Real, London, Liverpool, Bayern Munich, Real Madrid, Germany, England, Spain, Italy, Tolosa, West Ham
CNN —Police launched an investigation Wednesday into the fire that tore through Copenhagen’s famous stock exchange building, causing the collapse of its spire and damaging centuries-old artwork and architecture. “It gives me hope because we have decided to rebuild the stock exchange because it’s part of European history as a trading continent,” he said. The old stock exchange – located only a few minutes walk from Christiansborg Palace – dates back to 1625. It was built in the Dutch Renaissance style at the request of King Christian IV and had recently been undergoing renovations with its facade covered in scaffolding and protective coverings. It has been at the heart of Danish business since then; while it no longer houses the Danish stock exchange, it serves as the headquarters of the Chamber of Commerce.
Persons: Brian Belling, Liselotte, ” Belling, , it’s, Eva Simoni Lomholdt, Ida Marie Odgaard, Ritzau Scanpix, Brian Mikkelsen, King Christian IV, Mette Frederiksen, , Jakob Engel, Schmidt Organizations: CNN — Police, Firefighters, ” Police, Ritzau Scanpix, Reuters, Residents, Notre Dame Cathedral, Getty, Danish Chamber of Commerce, Chamber of Commerce Locations: Copenhagen, Danish, Ritzau, Ritzau Scanpix Denmark, Børsen, Paris, Denmark, AFP, Palace
Consumer prices in Britain rose at the slowest rate in two and a half years, the country’s Office for National Statistics reported on Wednesday. Inflation was 3.2 percent in the year through March, down from 3.4 percent in February but a touch higher than the 3.1 percent economists expected, a sign that the path to cooler inflation could be bumpy. Core inflation, which strips out volatile food and energy prices, was 4.2 percent, down from 4.5 percent the month before. Economists expect inflation to continue to slow over the next few months, possibly going below the Bank of England’s target of 2 percent, as household energy bills fall. Britain’s unemployment rate rose more than expected in its latest reading, published this week.
Organizations: National Statistics, Bank of Locations: Britain
CNN —Denmark’s old stock exchange was engulfed in a massive fire on Tuesday morning, with video from the scene showing flames ripping violently through the historic building in the center of the capital. Footage showed huge plumes of black smoke billowing from the Copenhagen landmark as emergency responders worked below. Ida Marie/Ritzau Scanpix/AFP/Getty ImagesPeople salvage a painting from the old stock exchange after a violent fire broke out on Tuesday morning. Ida Marie Odgaard/Ritzau Scanpix/AFP/Getty ImagesThe old stock exchange – located only a few minutes walk from Christiansborg Palace – dates back to 1625. The Danish Chamber of Commerce, which is based in the building, described the scene as “a terrible sight.”File photograph of the Old Stock Exchange building.
Persons: CNN —, Ida Marie, Ritzau Scanpix, Ida Marie Odgaard, King Christian IV, Jakob Engel, Schmidt, Luke MacGregor, Frank Trier Mikkelsen, Mikkelsen Organizations: CNN, Getty, Danish, of Commerce, Old Stock Exchange, Bloomberg Locations: Copenhagen, AFP, Palace, Danish
It is already illegal in England and Wales to share explicit deepfakes without the subject’s consent, with perpetrators facing jail time. Last year, changes to the Online Safety Act already criminalized the sharing of deepfake sexual images in England and Wales. The new offense applies only to adults as, under existing English and Welsh rules, creating deepfake sexual images of minors is already a crime. The creation of deepfakes has included super-imposing women’s faces, without their consent, onto sexually explicit images. A directive criminalizing the creation of sexually explicit deepfakes has also been proposed in the European Union.
Persons: Laura Farris, , Bill, deepfakes, Taylor Swift, Farris, , Helle Thorning, Schmidt Organizations: London CNN, United Kingdom’s, ITV, Criminal, European Union, Facebook Locations: England, Wales, Scotland, Northern Ireland, United States, India
New York CNN —Meta’s Oversight Board is set to evaluate the company’s handling of deepfake pornography amid growing concerns that artificial intelligence is fueling a rise in the creation of fake, explicit imagery as a form of harassment. “Deepfake pornography is a growing cause of gender-based harassment online and is increasingly used to target, silence and intimidate women – both on and offline,” Meta Oversight Board Co-Chair Helle Thorning-Schmidt said in a statement. The board makes recommendations to the company about how to handle certain content moderation decisions, as well as broader policy suggestions. The second case involves an AI-generated image of a nude woman being groped, which was posted to a Facebook group for AI creations. As part of this latest review, the Oversight Board is seeking public comments — which can be submitted anonymously — about deepfake pornography, including how such content can harm women and how Meta has responded to posts featuring AI-generated explicit imagery.
Persons: Meta, Taylor Swift, , Helle Thorning, Schmidt, Organizations: New, New York CNN, , Meta Locations: New York, United States, India, Denmark, American
In the clubhouse after the Los Angeles Dodgers won their season opener in Seoul last month, Shohei Ohtani’s longtime interpreter, Ippei Mizuhara, made a stunning admission to the team: He was a gambling addict, and Ohtani had paid his debts to a bookmaker. Ohtani, who is not fluent in English, listened but failed to fully grasp what Mizuhara said. He knew enough to grow suspicious, however, and he wanted answers. A couple of hours later, around midnight, Ohtani finally had the chance to pull Mizuhara into a conference room in the basement of the Fairmont Ambassador Hotel in Seoul. With just the two of them there, Mizuhara leveled with his boss: He had accrued enormous debts to the bookmaker and had been stealing the baseball star’s money to pay them off.
Persons: Shohei Ohtani’s, Ippei Mizuhara, Ohtani, Mizuhara Organizations: Los Angeles Dodgers Locations: Seoul, Fairmont
CNN —Germany will provide a one-time payment of $236 (€220) to Holocaust survivors, to help them cope with the impacts of the Hamas-led October 7 attacks in southern Israel. Berlin will compensate 113,000 Holocaust survivors in Israel in the form of $27 million (€25 million), according to the German finance ministry. “Many Holocaust survivors were hit particularly hard by the Hamas attacks, whether through the loss of their homes, support systems in the form of care,” a German finance ministry spokeswoman said. The additional funds were aimed at helping the Holocaust survivors ”as quickly as possible (…) in this frightening and hopeless war situation,” the spokeswoman added. The payments are being distributed in Israel in cooperation with the Claims Conference and the Holocaust Survivors Rights Authority of the Israeli government, the German finance ministry said.
Persons: , Israel, , Gideon Taylor, Adolf Hitler’s Nazi Organizations: CNN, Hamas, Ministry of Health, Rights Watch, Oxfam, Conference, Holocaust Survivors Rights Authority, German Finance Ministry Locations: Germany, Israel, Berlin, Gaza
Federal prosecutors released a detailed complaint on Thursday that claimed Ippei Mizuhara, the former interpreter for Shohei Ohtani, orchestrated a sprawling scheme over years to steal $16 million of the baseball star’s money to feed his gambling addiction. The money that Mizuhara took from Ohtani came directly from an account where Ohtani’s baseball salary was paid, the authorities said. “There’s no indication Mr. Ohtani authorized the $16 million from his account to the bookmakers,” said E. Martin Estrada, the U.S. attorney for the Central District of California. The authorities charged Mizuhara with bank fraud, for which the maximum penalty is 30 years in prison. The complaint contains a message sent by Mizuhara in which he admits to a bookmaker that he stole the money from Ohtani.
Persons: Ippei Mizuhara, Shohei Ohtani, Mizuhara, Ohtani, , , Martin Estrada Organizations: Central, Central District of, Mizuhara Locations: U.S, Central District, Central District of California, Ohtani
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCherie Blair and Helle Thorning-Schmidt discuss AI and gender equalityHelle Thorning-Schmidt, the former prime minister of Denmark and co-chair of the Oversight Board, and Cherie Blair CBE KC, founder of the Cherie Blair Foundation for Women, discuss how to advance gender equality.
Persons: Cherie Blair, Helle Thorning, Schmidt Organizations: KC, Cherie Blair Foundation for Women Locations: Denmark
The ocean has now broken temperature records every day for more than a year. And so far, 2024 has continued 2023’s trend of beating previous records by wide margins. In fact, the whole planet has been hot for months, according to many different data sets. “There’s no ambiguity about the data,” said Gavin Schmidt, a climatologist and the director of the NASA Goddard Institute for Space Studies. “So really, it’s a question of attribution.”Understanding what specific physical processes are behind these temperature records will help scientists improve their climate models and better predict temperatures in the future.
Persons: , , Gavin Schmidt Organizations: NASA Goddard Institute for Space Studies, European Union
Wealthy U.S. families are increasingly applying for second citizenships and national residences as a way to hedge their financial risk, according to a leading law firm. The wealthy are building these "passport portfolios" — collections of second, and even third or fourth, citizenships — in case they need to flee their home country. "The U.S. is still a great country, it's still an amazing passport," said Dominic Volek, group head of private clients at Henley & Partners. Instead, many wealthy Americans are shopping around for an added visa or citizenship program to supplement their U.S. passport. According to Henley, the top destinations for supplemental passports among Americans are Portugal, Malta, Greece and Italy.
Persons: Robert Frank, citizenships, Dominic Volek, Peter Thiel, Eric Schmidt, Volek, Henley, It's Organizations: Henley & Partners, ., Henley, Malta, Visa Locations: Wealthy, New Zealand, Cyprus, Portugal, Malta, Greece, Italy, Europe, European, Germany, France, U.S
Ippei Mizuhara, the former translator for Shohei Ohtani who was fired late last month amid allegations he stole millions of dollars from the baseball star’s bank account to cover debts that Mizuhara owed to an illegal bookmaker, is in negotiations to plead guilty to federal crimes in connection with the purported theft, according to three people briefed on the matter. The investigation, which began about three weeks ago after news of the alleged theft broke while Ohtani’s team, the Los Angeles Dodgers, was opening its season with two games in South Korea, is rapidly nearing a conclusion, according to the people, who spoke on the condition of anonymity because the inquiry is continuing. A guilty plea from Mizuhara before a federal judge — likely to include an admission of a range of facts related to any illegal conduct — could confirm the account that Ohtani gave to reporters two weeks ago, in which he said he had no knowledge of what happened to the money. Those briefed on the matter claim that prosecutors have uncovered evidence that Mizuhara may have stolen more money from Ohtani than the $4.5 million he was initially accused of pilfering, the people said. In particular, the authorities think they have evidence that Mizuhara was able to change the settings on Ohtani’s bank account so Ohtani would not receive alerts and confirmations about transactions, the three people said.
Persons: Ippei Mizuhara, Shohei Ohtani, Mizuhara, , Ohtani, pilfering Organizations: Los Angeles Dodgers Locations: South Korea, Mizuhara
Editor’s Note: In this appeal to Congress, more than 35 artists, activists, scholars and others call for funding for Ukraine. On territory that Russia occupies, it tortures Ukrainian citizens, kidnaps Ukrainian children and murders Ukrainian leaders. By fighting Russia alone, they protect Europe. By fighting a conventional war against a nuclear power, they are making nuclear proliferation and nuclear war less likely. Together we call upon Congress to do the right thing – right now.
Persons: Read, Stringer, Abrams, José Andrés, Gabrielle Carteris, Mona Charen, Misha Collins, Rosario Dawson, Felicia Day, Doug Fears, Jonathan Safran Foer, Francis Fukuyama, Mark Hamill, Gale Anne Hurd, Dara Khosrowshahi, William Kristol, Eric Edelman, Scott Kelly, Daniel Lubetzky, Michael McFaul, Kate McKinnon, Alyssa Milano, Viggo Mortensen, Patton Oswalt, Phillips O’Brien, Brad Paisley, Sean Penn, Serhii Plokhii, Ivanna Sakhno, Eric Schmidt, Liev Schreiber, Timothy Snyder, Terrell Jermaine Starr, Barbra Streisand, Hilary Swank, Peter Wehner, Katheryn Winnick Organizations: Ukraine, CNN, Getty Locations: Russia, Russian, Crimean Tatars, Ukrainian, Kharkiv, Mariupol, Aleppo, Grozny, Europe, Donetsk, Ukraine, AFP, China, Beijing, Asia, East, Africa, United States
Advancements in AI tech have given birth to an industry of AI influencers, and major companies are beginning to show interest in their far more cost-effective approach to marketing. AdvertisementMiquela's success didn't spark a virtual-influencer revolution, but that was largely because of cost — human influencers were still cheaper. She sees AI influencers being used to provide a deep level of information, support, and guidance on brands and products. Do AI influencers really stand a chance at building trust with an audience? A study in the European Journal of Marketing found that consumers were just as likely to follow an AI influencer as a human influencer but that they didn't trust the AI influencer as much.
Persons: Zers, Gen Z, influencers, wannabes, — they're, Nikita Baklanov, Julia Broome, Baklanov, Broome, she'd, it's, Miquela Sousa, Lil Miquela, Instagram Miquela, Calvin Klein, Imma, HypeAuditor, Euronews, who's, Jenny Dearing, Dearing, ChatGPT, chatbot, Eric Schmidt, Jonathan Haidt Organizations: Stanford, UGC, Prada, Companies, Meta, Instagram, AIs, Oxford, Advertising, Air, European, Marketing, Air Canada, Google, Alpha Locations: strategize, TikTok, Antarctica, Air Canada
Berlin CNN —Germany has hit back at allegations by Nicaragua that it has been “facilitating genocide” in Gaza, telling an international court on Tuesday that history undergirds German support for Israel. But Germany argued Tuesday that because the “bedrock” of Nicaragua’s case was aimed at Israel and its “alleged violations of international law by Israel,” the ICJ did not have jurisdiction. British lawyer Samuel Wordsworth, who advocated on behalf of Berlin, said the case against Germany is “entirely dependent” upon a “prior finding of breach” of international law by Israel in Gaza. The ICJ is hearing a separate case brought against Israel by South Africa, but has not ruled on whether Israel has breached international law in Gaza. The international court will now consider whether to order the emergency measures requested by Nicaragua.
Persons: Germany’s, Tania von Uslar, Gleichen, Berlin “, , , Von Uslar, , ” von Uslar, Netherlands Carlos Jose Arguello Gomez, Alain, Samuel Wordsworth, Israel, Israel –, Christian Tams Organizations: Berlin CNN —, Israel, International Court of Justice, UN, German, Office, ICJ, Nicaraguan, UNRWA Locations: Berlin CNN — Germany, Nicaragua, Gaza, The Hague, Germany, Israel, Nazi, Netherlands, French, Berlin, South Africa
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Jordan and Comer subpoenaed the tapes after Hur released his report in February. AdvertisementSpecial counsel Robert Hur questioned Biden in October about classified documents found in 2022 at his Deleware home and an office he used after leaving office. AdvertisementBiden's handling of classified documents is unlikely to be a major campaign pillar for Republicans and GOP frontrunner former President Donald Trump in the coming election, Schmidt predicted. "That's why Republicans think it's so important they get ahold of these tapes," Schmidt said.
Persons: , Joe Biden's, Carlos Uriarte, Jim Jordan of, James Comer of, Comer, Hur, Uriarte, Matthew Schmidt, Robert Hur, Biden, zeroed, Schmidt, Donald Trump, Merrick Garland Organizations: Service, Justice, DOJ, Jordan, Business, University of New, Republicans, Washington Post, CNN, Justice Department, GOP Locations: Jim Jordan of Ohio, James Comer of Kentucky, University of New Haven
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