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☆ The next phase of the war between Walmart and Amazon will be fought on your TV
▼ + stars: | 2024-02-25 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +5 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Representatives for Walmart and Amazon did not respond to requests for comment from Business Insider. Walmart currently sells ad space to suppliers on its internal site and app and conducts ad campaigns through promoted posts on external social media sites. Advertisement"Walmart's consumer reach could propel Vizio's ad business to eventually rival Samsung and Roku. In Q4, which included the holiday shopping season for both companies, Walmart reported $173.4 billion in revenue, compared to Amazon's reported $169.96 billion.

Persons: —, Forbes, David Zapletal, Kenneth Suh, AdWeek, Ross Benes, Doug Herrington, Fortune, Seth Dallaire Organizations: Service, Amazon, Business, Walmart, Hulu, Walmart Connect, Samsung, CTV, Insider Intelligence, Amazon's

☆ This husband and wife are the biggest trolls on TikTok — and it pays
▼ + stars: | 2024-02-22 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +5 min

Christi Fritz and her husband have gone viral on TikTok for cutting the soles off their shoes to go barefoot. Advertisement"My husband and I have removed the bottoms of all our shoes," Christi Fritz says in a voiceover of their most viral TikTok video, with 56 million views. "We decided to start walking barefoot," Christi explains. ("Grounding" or "earthing" is a Gwenyth Paltrow-endorsed practice meant to commune with nature by walking barefoot on the soil. In a follow-up to their viral barefoot video, the Fritzes stroll down the streets of downtown Cleveland barefoot and into the public library.

Persons: Christi Fritz, —, Seth Fritz, Christi, Paltrow, ike, y oung, ideo, ealth, iral Organizations: Service, ritz, ust

☆ Why Walmart is buying Vizio
▼ + stars: | 2024-02-20 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +3 min

Walmart announced Tuesday that it’s buying TV maker Vizio for $2.3 billion to shore up its advertising business and create a more potent rival to Amazon’s booming ad business. The deal would give Walmart more ways to offer ads through Vizio televisions, as well as create entertainment options exclusively for customers with Vizio TVs. “We also believe it enables a profitable advertising business that is rapidly scaling,” Walmart US chief revenue officer Seth Dallaire said in a news release Tuesday. Walmart wants to move into the lucrative advertising space to supplement its low-margin retail business. Its advertising business reached $3.4 billion last year, but makes up less than 1% of its total sales.

Persons: Seth Dallaire, Roku Organizations: New, New York CNN, Walmart, Smart, Kroger, Target, Google, Facebook Locations: New York, America

☆ Rex Chapman: Former NBA star is glad to ‘be on the other side’ of drug and gambling addiction
▼ + stars: | 2024-02-20 | by ( Wynn Westmoreland | ) edition.cnn.com time to read: +5 min

Rex Chapman arrives at the premiere of the second season of "Ted Lasso" on Thursday, July 15, 2021, at the Pacific Design Center. Kentucky Wildcats guard Rex Chapman (3) in action against the Iona Gaels at Rupp Arena in December 1986. He says the drug addiction was a gateway to a gambling addiction which cost him nearly all of the $40 million he earned during his career. [And that] once I was able to get clean, there were people willing to give me opportunities,” Chapman told CNN. “It’s Hard for Me to Live With Me” is published by Simon and Schuster and Rex Chapman can be heard weekly on his podcast “Owned” by Smartless Media.

Persons: Rex Chapman, Chapman, ”, CBS Sports ’ Seth Davis, Ted Lasso, Jordan Strauss, Dell Curry’s, Steph Curry, ’, Wayne –, –, Malcolm Emmons, King Rex, “, I’m, Phoenix Suns Rex Chapman, Los Angeles Lakers Kobe Bryant, Sam Mircovich, ” Chapman, aren’t, ” Simon, Schuster, he’s, Chapman’s, John Lucas, ‘, Simon Organizations: CNN, Former, “ Sports, Charlotte Hornet, Phoenix Suns, CBS Sports, Pacific Design Center, NBA, ABA, Kentucky Wildcats, Iona, Rupp Arena, University of Kentucky, Los Angeles Lakers Kobe, Smartless Media Locations: El Camino

☆ Walmart to buy TV maker Vizio for $2.3 billion in move to grow its ad business
▼ + stars: | 2024-02-20 | by ( Jacob Pramuk | ) www.cnbc.com time to read: +2 min

Walmart has agreed to buy TV maker Vizio , the companies announced Tuesday, as the largest U.S. retailer grows its high-profit ad business. Walmart will acquire Vizio for $2.3 billion, or $11.50 per share, in cash. But in buying the company, Walmart touted the potential to boost its ad business through Vizio's SmartCast Operating System, which allows users to stream free ad-supported content on their TVs. As it pushes for higher profits, the retail titan has tried to expand its media business Walmart Connect, which comes with bigger profit margins than selling groceries or clothing. In a news release, Walmart said Vizio's SmartCast system has 18 million active accounts.

Persons: Seth Dallaire Organizations: Walmart, Vizio, Walmart Connect, Walmart U.S, CNBC PRO Locations: Secaucus New Jersey, U.S

Justice Department prosecutors had recommended sentencing McGonigal to a prison term of two years and six months for the Washington case alone. McGonigal was scheduled to report to prison next month to begin serving his sentence in the New York case. McGonigal was separately charged with concealing his ties to the former Albanian official, a naturalized U.S. citizen who was living in New Jersey. McGonigal pleaded guilty last September to concealing material facts, a charge punishable by a maximum prison sentence of five years. McGonigal didn't need more prison time beyond his 50-month sentence in New York “to serve the ends of justice,” Ducharme argued.

Persons: —, Charles McGonigal, Colleen Kollar, McGonigal, ”, Kollar, “, Oleg Deripaska, didn't, McGonigle, Elizabeth Aloi, Seth Ducharme, ” Ducharme Organizations: WASHINGTON, FBI, U.S, Justice Department, Albanian Locations: New York, U.S, Albanian, Washington ,, Washington, Russia, Crimea, New Jersey, Albania, Russian, Europe

LOS ANGELES (AP) — Underneath his umbrella, NFL legend Dan Marino stood nearly drenched on the sideline watching Prince’s epic “Purple Rain” Super Bowl halftime performance in 2007 during a torrential Miami downpour. “The halftime performance has come a long way,” said the Hall of Fame quarterback who played 17 seasons with the Miami Dolphins and competed in the 1985 Super Bowl. His show will be vastly different than the NFL’s first Super Bowl halftime show in 1967, which featured marching bands from the University of Arizona and Grambling State University, a historically Black college, along with hundreds of flying pigeons, thousands of balloons and two soaring men wearing jetpacks. After the inaugural Super Bowl, the NFL kept bringing back other marching bands, drill teams, signed Chubby Checker and Up with People, an organization that stage positive thinking through dance and song performances. Dudowsky recalled when Coldplay frontman Chris Martin said the “Super Bowl of music is the Super Bowl.” He said the halftime show has been able to grow thanks to the NFL's ability to adjust to the current culture and giving deserving artists the platform to express their artistry.

Persons: Dan Marino, Marino, Michael Jackson, Beyoncé, Aerosmith, ”, Marino's, Rihanna, Katy Perry's, Scarlett Johansson, doesn’t, she’s, Justin Timberlake, Janet Jackson ’, Gaga, ” Johansson, “, you’ve, Kris Jenner, Jenner, ” Usher —, Chubby Checker, Gloria Estefan, Billie Jean, Diana Ross, Jennifer Lopez, Shakira, Seth Dudowsky, Jay, —, don’t, Dudowsky, Chris Martin, Dr, Dre, Snoop Dogg, Dogg, Roger Goodell, ” Dogg, Usher, he's Organizations: ANGELES, of Fame, Miami Dolphins, Super, Kansas City Chiefs, Philadelphia Eagles, Associated Press, Bowl, University of Arizona, Grambling State University, NFL, New, Rose Bowl, Coldplay, Roc Nation Locations: Miami, Las Vegas, U.S, Southern California

NASHUA, N.H. (AP) — A man convicted of opening fire inside a New Hampshire church during a wedding, wounding a bishop and the bride, was sentenced Monday to 40 years to life in prison. The shooting happened nearly two weeks after Holloway’s stepfather, a pastor at the church, was killed by the son of the groom. The jury acquitted Holloway of an attempted murder charge in the shooting of McMullen. Authorities said Castiglione is the father of a man convicted of killing Holloway’s stepfather. Brandon Castiglione was convicted of second-degree murder and sentenced to 42 years in prison earlier this year for fatally shooting Holloway’s stepfather, Luis Garcia, inside his home.

Persons: Dale Holloway, “, Seth Dobieski, Dobieski, Holloway, Stanley Choate, Claire McMullen, McMullen, ”, Choate, I’ve, I’m, Mark Castiglione, Castiglione, Holloway’s, Brandon Castiglione, Luis Garcia Organizations: New England Pentecostal Ministries, Authorities Locations: NASHUA, N.H, New Hampshire, Pelham, McMullen

☆ Jam Master Jay murder jury views graphic crime scene photos in death of Run-DMC DJ
▼ + stars: | 2024-01-29 | by ( Laura Italiano | Natalie Musumeci | ) www.businessinsider.com time to read: +6 min

"He died instantly," prosecutor Miranda Gonzalez told jurors, shot in the head at such close range, his hair was singed. Then, "as quickly as they came, they fled," she told jurors. AdvertisementMizell "had a tremendous amount of blood already pooled on the floor," the detective told jurors. "It was an ambush, an execution, motivated by greed and revenge," Gonzalez told jurors. AdvertisementProsecutors allege that before Mizell's death, Mizell told Washington that Washington would not be involved in the drug distribution in Maryland, which led the suspects to plot to kill Mizell.

Persons: —, Jason William Mizell —, Jay —, Miranda Gonzalez, Karl ", Jordan Jr, Ronald, Tinard, James Lusk, Lusk, Tony Rincon, Mizell, Gonzalez, Mizell's, Artie McConnell, Jay Bryant, Jason Mizell, Seth D, DuCharme, Washington, Jordan, he'd, John Diaz, Ezra Spilke Organizations: Service, Business, Queens, of, Jordan, EMS, Eastern, Prosecutors, Associated Press . Locations: New York, Washington, of New York, Jordan, Jamaica, Queens, Rincon, Maryland, Associated Press . Washington

Now Jay’s case is the first of those killings to go to trial. Opening statements are set for Monday in the federal murder trial of Karl Jordan Jr. and Ronald Washington, who were arrested in 2020. Jay, born Jason Mizell, formed Run-DMC in the early 1980s with Darryl “DMC” McDaniels and Joseph Simmons, known as DJ Run and Rev. Political Cartoons View All 253 ImagesThey were the first rappers with gold and platinum albums and a Rolling Stone cover. He considered Jay to be family, since the DJ grew up across the street from Jordan's father, his defense wrote.

Persons: Jay, Karl Jordan Jr, Ronald Washington, “, ”, Seth DuCharme, gunning, Jason Mizell, Darryl “, ” McDaniels, Joseph Simmons, Aerosmith, ” Jay, people's, Tricky, Tupac Shakur, Prosecutors, Washington, Jordan, wasn't, Susan Kellman, Jay —, Judge LaShann DeArcy, Jordan's, Mark DeMarco, Jordan “ Organizations: Brooklyn U.S, Adidas, MTV, Roll Hall of Fame, Police, Prosecutors, DJ, Playboy, Authorities, New York Daily News Locations: Washington, Jordan, Hollis, Queens, York, Angeles, Shakur’s, Las Vegas, Los Angeles, indicting Washington, Maryland, Jordan's

☆ Jam Master Jay’s life and death and the long search for the Run-DMC DJ’s killers
▼ + stars: | 2024-01-28 | by ( Eric Levenson | ) edition.cnn.com time to read: +6 min

With Jam Master Jay scratching the turntables as DJ, they created a new sound and street look, with their Adidas gear, leather jackets, gold chains and black Kangol hats. Jason Mizell (Jam Master Jay), Joseph Simmons (Run) and Darryl McDaniels (DMC) pose at the Grammy Awards in the 1980s. The coffin of Run-DMC's Jam Master Jay was carried out of Allen A.M.E Cathedral after his funeral on November 5, 2002. Seth DuCharme, acting US attorney for the Eastern District of New York, announced charges in August 2020 against two men in the killing of Jam Master Jay. In a statement, Jam Master Jay’s son Jesse Mizell and the Mizell family thanked those who had reached out in support.

Persons: Jay, Ronald Washington, Karl Jordan Jr, Jason Mizell, Joseph Simmons, Darryl McDaniels, Aerosmith, ” Jay, Tricky, ”, ’, “ King, wasn’t, “, Allen A.M.E, Hanny Ray Abrams, Jordan, Mizell, Seth DuCharme, Brendan McDermid, Seth D, DuCharme, ” DuCharme, Jesse Mizell, Jay Bryant, Bryant, Cesar de Castro Organizations: CNN, Prosecutors, Queens, Adidas, Stone, DJ Times, Duo, Hulton, Hall of Fame, MTV, of Fame, Allen A.M.E Cathedral, Getty, Eastern, of, Reuters Locations: New York City, Brooklyn, Jamaica, Queens, Allen, AFP, of New York, Washington, Jordan, Reuters Jordan

☆ A sales practice at American Express is under scrutiny. Here's what we know about the investigation.
▼ + stars: | 2023-11-29 | by ( Dakin Campbell | ) www.businessinsider.com time to read: +12 min

It's not clear how much scrutiny the company is under for management's role in developing and training employees to sell the product. Subpoenas are issued to compel parties such as company executives and employees, or former employees, to appear for interviews or turn over documents. In July, the OCC assessed a $15 million civil penalty against American Express National Bank. The IRS is also involvedBrooklyn attorneys are coordinating their criminal investigation alongside the IRS's criminal-investigation unit, the people BI spoke with said. Sinking morale among some sales employeesThe investigations are taking a toll on Amex's results-driven culture, current and former sales employees told BI, because compliance staff have gotten more involved in the sales process.

Persons: Amex, hadn't, salespeople, It's, Adam Isserlis, Isserlis, John Marzulli, Brian Morris, Hiral Mehta, Morris, Boies, Boies Schiller Flexner, Seth DuCharme, Charles Blazer, he's, Mehta, Hiral, Brian Organizations: American Express, Business, Justice, New York State Department of Financial Services, BI, Brooklyn, Eastern, of, OCC, American Express National Bank, Consumer Financial, Justice Department, Department of Financial Services, Department of Justice, IRS, Federal Deposit Insurance Corp, FDIC's, Government, Costco, Securities, Eastern District, Department of Homeland Security, Boies Schiller, FIFA, Taco Bell Locations: Brooklyn , New York, of New York, Eastern, Brooklyn

☆ Andrew Tate said he'd give $1M a month to Elon Musk after major companies suspended their ad campaigns on X. It's not nearly enough to help him.
▼ + stars: | 2023-11-20 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +3 min

Several large companies have pulled ads on X after Elon Musk reposted an antisemitic remark. AdvertisementAndrew Tate has stepped in to pledge funds to Elon Musk's X after antisemitism row caused several major companies to pull ads from the platform. Since returning to X, Tate seems to be earning a significant amount under Elon Musk's content-creator plan, claiming he received $20,000 during one payout. Several right-wing figures stepped in to express support for Musk, including Seth Dillon, the CEO of satirical site Babylon Bee, and commentator Tim Pool. "I will advertise X on X," he wrote on X.

Persons: Elon Musk, influencers, Andrew Tate, Tate, —, Elon Musk's, Musk, Jack Dorsey, Seth Dillon, Tim Pool, Tate —, Tristan Organizations: Service, Elon, Elon Musk's, Disney, Apple, IBM, Bloomberg, Sun Locations: Romania

☆ Usher to headline Super Bowl 2024 halftime show
▼ + stars: | 2023-09-24 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Andrew Kelly/File Photo Acquire Licensing RightsSept 24 (Reuters) - Grammy-winning artist Usher will headline the halftime show at the 2024 Super Bowl in Las Vegas, Nevada, the National Football League (NFL), Apple Music and label Roc Nation announced on Sunday. The 58th Super Bowl is scheduled to take place at Las Vegas' Allegiant Stadium on Feb. 11, 2024. "It's an honor of a lifetime to finally check a Super Bowl performance off my bucket list," Usher said in the statement. Last year's Super Bowl Halftime Show, headlined by R&B star Rihanna, was the most-watched halftime performance of all time, organizers said. Iconic artists including the Rolling Stones, Beyonce, Stevie Wonder, Prince and Bruce Springsteen have taken the Super Bowl stage over the years.

Persons: Usher, Karl Lagerfeld, Andrew Kelly, Usher Raymond IV, Seth Dudowsky, Rihanna, Beyonce, Stevie Wonder, Prince, Bruce Springsteen, Maria Caspani, Bill Berkrot Organizations: Metropolitan Museum, Art's, REUTERS, National Football League, Apple Music, Roc Nation, Billboard, of, Thomson Locations: New York City , New York, U.S, Las Vegas , Nevada, Las Vegas

LOS ANGELES (AP) — Usher has a new confession: The Grammy winner will headline the Apple Music Super Bowl Halftime Show in Las Vegas. The NFL, Apple Music and Roc Nation announced Sunday that Usher would lead the halftime festivities from Allegiant Stadium on Feb. 11. “It’s an honor of a lifetime to finally check a Super Bowl performance off my bucket list,” Usher said in a statement. Usher is expected to wrap up his Las Vegas residency in early December before he makes his Super Bowl halftime appearance a couple months later. Usher will join a list of celebrated musicians who have played during Super Bowl halftime shows including Beyoncé, Madonna, Dr. Dre, Snoop Dogg, Coldplay, Kendrick Lamar, Eminem, U2, Lady Gaga, Michael Jackson and Katy Perry.

Persons: — Usher, Usher, “, ” Usher, Ray Charles ’, ”, Ludacris, Lil Jon, Alicia Keys, He's, NBC’s, “ Hustlers, Roc, Jay, ” “, he’s, Jeezy, Usher bares, ” Jay, Jesse Collins, Hamish Hamilton, It’s, Rihanna, Oliver Schusser, Beyoncé, Dre, Snoop Dogg, Coldplay, Kendrick Lamar, Eminem, Lady Gaga, Michael Jackson, Katy Perry, “ Usher, Seth Dudowsky Organizations: ANGELES, Apple Music, NFL, Apple, Roc Nation, Allegiant, Loves, Las, Roc, Super, of Music Locations: Las Vegas, superstardom, U.S, Paris

☆ Former F.B.I. Spy Hunter Pleads Guilty to Aiding Russian Oligarch
▼ + stars: | 2023-08-15 | by ( Michael Rothfeld | More About Michael Rothfeld | ) www.nytimes.com time to read: +1 min

Under the plea deal, the maximum prison term Mr. McGonigal could serve is five years, instead of the sentence of up to 20 years he might otherwise have faced. In court, Mr. McGonigal told the judge that he had known he could not legally perform services for Mr. Deripaska, who was placed on a U.S. sanctions list in 2018. The plea brings the prosecution of Mr. McGonigal, 55, in New York to a relatively speedy conclusion after fewer than seven months. agents in January at John F. Kennedy Airport upon his return from an overseas business trip. Mr. McGonigal has pleaded not guilty to those charges but is in talks to resolve them; his lawyer, Seth D. DuCharme, told the judge overseeing the Washington case that he expected to provide an update on the talks after Labor Day.

Persons: McGonigal, Deripaska, Vladimir Potanin, Potanin, John F, Seth D, DuCharme Organizations: Mr, Kennedy, Washington, Labor Locations: Cyprus, New Jersey, New York, Washington, Eastern Europe

☆ Disgraced former FBI agent Charles McGonigal pleads guilty to working with a sanctioned Russian oligarch
▼ + stars: | 2023-08-15 | by ( Mattathias Schwartz | Rebecca Cohen | ) www.businessinsider.com time to read: +2 min

Charles McGonigal pleaded guilty on Tuesday to working with a sanctioned Russian oligarch. He admitted to money laundering and violating sanctions. McGonigal pleaded guilty to one count of money laundering and conspiracy to violate sanctions. Insider previously reported that federal prosecutors charged McGonigal with money laundering and making false statements in his mandatory employee disclosures to the FBI. In court, McGonigal admitted he took money to collect information about Deripaska's business competitor in order to get him sanctioned.

Persons: Charles McGonigal, McGonigal, Oleg Deripaska, Judge Rearden, Rearden, Seth DuCharme, He's Organizations: FBI, Service, Washington DC —, Russia, Washington DC, UN Locations: Russian, Wall, Silicon, New York, Washington

☆ Former head of FBI intelligence pleads guilty to conspiracy in connection to scheme working for sanctioned Russian oligarch
▼ + stars: | 2023-08-15 | by ( Lauren Del Valle | ) edition.cnn.com time to read: +2 min

CNN —The former head of counterintelligence for the FBI’s New York field office pleaded guilty Tuesday to one count of conspiracy in connection to a scheme working for a sanctioned Russian oligarch in 2021. In court on Tuesday, McGonigal answered a series of questions about the illegal scheme for Deripaska and his mental competency before District Judge Jennifer Rearden accepted his guilty plea. “Mind is clear,” he told the judge, saying he feels “great.”In court, McGonigal, 55, said he is “deeply remorseful” for his actions. “I agreed with another party to collect open source derogatory information about a Russian oligarch named Vladimir Potanin who was a business competitor of Oleg Deripaska,” he said. McGonigal now could face up to a maximum five-year term in prison for the one count he pleaded guilty to Tuesday, Rearden said in court.

Persons: Charles McGonigal, John F, Oleg Deripaska, Seth DuCharme, McGonigal, Jennifer Rearden, ”, “, Vladimir Potanin, Deripaska, Rearden Organizations: CNN, FBI’s, FBI, Emergency Economic, US, Office, Southern, of, Kennedy International Airport Locations: York, Russian, of New York, New York, Washington, Albanian, Albania, McGonigal, United States

[1/3] Charles McGonigal, a former FBI official who has been charged with working for sanctioned Russian oligarch Oleg Deripaska, arrives at Federal Court in New York City, U.S., August 15, 2023. At the time, McGonigal pleaded not guilty to four criminal counts including sanctions violations and money laundering. McGonigal told the court he was "deeply remorseful" for his actions. U.S. District Judge Jennifer Rearden is scheduled to sentence McGonigal on Dec. 14. U.S. prosecutors charged McGonigal as they ramped up efforts to enforce sanctions on Russian officials and police their suspected enablers following the Russian invasion of Ukraine in February 2022.

Persons: Charles McGonigal, Oleg Deripaska, Brendan McDermid, McGonigal, Vladimir Potanin, Seth DuCharme, Jennifer Rearden, Matthew Olsen, Washington, Jody Godoy, Grant McCool Organizations: FBI, Court, REUTERS, Prosecutors, Deripaska, U.S . Department of Justice's National Security Division, Kremlin, Thomson Locations: Russian, New York City, U.S, New York, Manhattan, Russia, Cyprus, New Jersey, Ukraine, Nornickel

☆ Charles McGonigal: Ex-FBI counterintelligence chief in talks to plead guilty over work he did for Russian oligarch
▼ + stars: | 2023-08-07 | by ( Kara Scannell | ) edition.cnn.com time to read: +1 min

CNN —The former head of counterintelligence at the FBI’s New York office is in talks to plead guilty to charges relating to work he allegedly did for a sanctioned Russian oligarch after leaving the government, according to a court order. Charles McGonigal was indicated earlier this year on charges, including violating US sanctions, conspiracy, and money laundering for working in 2021 with Russian oligarch Oleg Deripaska, who was sanctioned for interfering in the 2016 US presidential election. The same day McGonigal was charged in a separate case in Washington for concealing $225,000 he allegedly received from a former Albanian intelligence employee. McGonigal, who is one of the highest-ranking former FBI officials to be charged with a crime, has pleaded not guilty to both indictments. No further details were included in the brief court order setting the plea proceeding.

Persons: Charles McGonigal, Oleg Deripaska, McGonigal, Jennifer Reardon, ”, Seth DuCharme Organizations: CNN, Labor Locations: York, Russian, Washington, Albanian, Albania

☆ AI explosion merits regulation to rein in threats, experts say
▼ + stars: | 2023-07-12 | by ( Sheila Dang | ) www.reuters.com time to read: +3 min

We need to do the proper basic maintenance and we need regulation." Regulation is already being prepared in several countries to tackle issues around AI. The European Union's proposed AI Act, for example, would classify AI applications into different risk levels, banning uses considered "unacceptable" and subjecting "high-risk" applications to rigorous assessments. Developing ever-more powerful AI will also risk eliminating jobs to a point where it may be impossible for humans to simply learn new skills and enter other industries. "It seems like the most obvious thing in the world not to put AI into nuclear command and control," he said.

Persons: Michelai Graham, Richard Sonnenblick, Seth Dobrin, Read, Ian Swanson, Dobrin, Anthony Aguirre, –, Sheila Dang, Deepa Babington Organizations: Artificial Intelligence, Protect, Regulators, AI Institute, Life Institute, Thomson Locations: Plainview, Austin, AUSTIN, United States

☆ Even Walmart needs a side hustle. Here are 4 other ways the store chain makes its money – besides selling merchandise.
▼ + stars: | 2023-04-09 | by ( Ben Tobin | ) www.businessinsider.com time to read: +5 min

WalmartLike Walmart Connect, Walmart Luminate — a data monetization platform — has grown in spades since its launch in October 2021. Walmart has been working hard to increase its number of sellers on Walmart Marketplace. Walmart GoLocal launched in 2021. By the end of 2022, Walmart GoLocal delivered from more than 5,000 business and retail locations. "Through Walmart GoLocal, any merchant from national retailers to small town shops can use Walmart's growing delivery platform to power their local delivery efforts.

☆ As retail gets choppy, Walmart flexes its grocery muscle, deep pockets and huge reach
▼ + stars: | 2023-04-04 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +6 min

In this article WMT Follow your favorite stocks CREATE FREE ACCOUNTBloomberg | Bloomberg | Getty ImagesAs shoppers get thrifty, Walmart is flexing its muscles. And its huge reach allows Walmart to make money in other ways, including selling ads, offering delivery services and fulfilling online orders for third-party sellers. Here's a closer look at some key themes for Walmart that could emerge at the investor event:Checking the consumer's healthAs the nation's largest retailer, Walmart is a bellwether. It said it expects same-store sales for Walmart U.S. will increase between 2% and 2.5% excluding fuel, in the fiscal year ahead. The retailer will likely showcase how it is growing online sales and trying to make them profitable.

☆ The Paradox of Prosecuting Domestic Terrorism
▼ + stars: | 2023-02-08 | by ( James Verini | ) www.nytimes.com time to read: +52 min

The preventive approach to domestic terrorism goes back even further than the 1990s and it begins with the basic police work and surveillance of the joint terrorism task forces. In fact, there is no section of the U.S. Criminal Code that criminalizes domestic terrorism as such. The absence of clear law around domestic terrorism, and the imperatives of prevention, mean that investigators and prosecutors who work domestic terrorism cases must focus on more common charges: weapons violations, illegal drug possession, burglary, aiding and abetting and so forth. But this was not enough to overrule the fear of domestic terrorism that was gripping the nation and that hung in the courtroom. It reflected the legal paradoxes of the case and domestic terrorism law in general or, maybe more accurately, the absence of it.

☆ Trump probably won't win his $50 million lawsuit against Bob Woodward with experts saying the suit 'turns the First Amendment on its head'
▼ + stars: | 2023-02-02 | by ( Charles R. Davis | ) www.businessinsider.com time to read: +9 min

Former President Trump claims he owns the audio rights to interviews conducted by Bob Woodward. But legal experts say it's unlikely a court will agree with Trump, who claims he's owed $50 million. "The case centers on Mr. Woodward's systematic usurpation, manipulation, and exploitation of audio of [former] President Trump," states the complaint, filed with a federal court in Florida. The audiobook didn't go on sale for another two years — after, Woodward says, he decided its release served the public interest. "Filing a lawsuit over publishing those interviews turns the First Amendment on its head."

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