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Generative AI is revolutionizing cybersecurity in connected networks. Generative AI has become a double-edged sword for the security of connected networks. On one hand, generative AI can speed up cybersecurity problems, making it easier and cheaper for bad actors to conduct identity attacks. Business Insider spoke with several cybersecurity professionals who attended the annual RSA conference this week in San Francisco about how generative AI is increasingly used in cybersecurity for 5G devices and networks. Now that mobile and Internet of Things devices have become more ubiquitous, they're using even more data, which generative AI can help filter and secure.
Persons: , David Cooper, Cooper, Shaun McAlmont, Chris Novak, David Aviv, Steve Wilson, Ev Kontsevoy, It's, Rohit Ghai, Ghai, Wilson Organizations: Service, Accenture Security, RSA, Verizon Business Locations: cybersecurity, San Francisco
CNN —No one dares speak louder than a whisper as nearly 1,000 people respectfully take their seats inside the dimly lit Crucible Theatre. They’ve come to witness the nerve-shredding, silently electric atmosphere of the World Snooker Championship. The World Snooker Tour (WST) – organizers of the World Snooker Championship – say the sport is watched by half-a-billion people around the world. The Crucible Theatre has been the home of the World Snooker Championships since 1977. Saudi Arabia’s pursuit of snooker should not be surprising, but moving the World Snooker Championship would be an emotional decision for many of its fans.
Persons: they’re, They’ve, Shaun Murphy, It’s, , they’ve, George Wood, Mike Watterson, Hossein Vafaei, , it’s, ” Murphy, Young, Murphy, ” Ronnie O'Sullivan, Ronnie O’Sullivan, Ronnie O’Sullivan’s, O’Sullivan, , , Steve Dawson Organizations: CNN, Crucible, CNN Sport, Sheffield, Crucible Theatre, , Wembley, Snooker, Wimbledon, , Theatre Locations: Sheffield, England, Augusta, Saudi Arabia, , Saudi, China
Gold bracelets at a gold jewelry store in the Zhejiang Province of China. Thousands of people in China have been duped into forking out money on "fake gold" — inferior or artificial gold — after trying to purchase so-called "999 gold" online, according to the government. The purest form of gold is commonly referred to as 999 gold, because it has gold content of 99.9%. "Fake gold is becoming a major problem in China as more Chinese are looking to put their savings into gold," said China Market Research Group's Managing Director Shaun Rein. Fake gold gets darker or reveals a greenish color when placed under flame, while pure gold turns brighter on exposure to heat.
Persons: Shaun Rein, Nikos Kavalis, Rein, Taobao, Pinduoduo Organizations: Visual China, Getty, Research, India, World Gold, Metals, ChinaFotoPress Locations: Zhejiang Province, China, scammers, Nantong
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTesla's attempts to compete on price in China have destroyed its brand image: AnalystShaun Rein of China Market Research Group says Chinese NEV companies are going to "decimate" their Western counterparts within China, but investors need to be cautious in the short term due to the price-cutting cycle.
Persons: Shaun Rein Organizations: China Market Research Group Locations: China
How Ozempic Is Transforming a Small Danish Town
  + stars: | 2024-04-20 | by ( Eshe Nelson | ) www.nytimes.com   time to read: +1 min
As the sun sets over the harbor in Kalundborg, a small town about 60 miles west of Copenhagen, light streams through the glass walls of Shaun Gamble’s cafe and bathes his afternoon customers in a warm glow. Nearby, at a sprawling manufacturing plant, Novo Nordisk makes nearly all of its semaglutide, the active ingredient in the company’s wildly popular diabetes and obesity treatments Ozempic and Wegovy. It’s the largest manufacturing investment in Denmark by a company, and it’s happening in this town of fewer than 17,000 people. Novo Nordisk plans to add 1,250 jobs to the existing 4,500 employees at the Kalundborg plant. A highway is being extended; investors are snapping up houses and planning new construction; universities have begun offering biotech courses to feed Novo Nordisk and nearby businesses with workers.
Persons: Shaun Gamble’s Organizations: Novo Nordisk, Nordisk Locations: Kalundborg, Copenhagen, Denmark, Novo
In your 30s, your list of financial burdens is probably growing, including everything from paying for child care to saving up for a first home. Despite these challenges, Americans in their 30s managed to save the most money out of any age group in 2023, according to data from New York Life. Parents in the U.S. spend around 24% of their household income on child care each year, a recent report from Care.com found. "But child care, we have to pay for that once the baby's born. If you're in your 30s and want to save more this year, here are two strategies to help stash away more cash.
Persons: it's, Shaun Melby, Care.com, you've Organizations: New York, Melby Wealth, CNBC Locations: New, U.S
The annual Coachella music festival, held in Indio, California, is underway. Here are the celebrities who have attended the music festival so far. The likes of Jeff Bezos and Lauren Sanchez, Taylor Swift, and even Blackpink's Lisa have been spotted among the audience. Here are the celebrities who have been seen enjoying Coachella 2024 so far. Taylor Swift and Travis KelceTaylor Swift and Travis Kelce at Neon Carnival held during the Coachella Music and Arts Festival on April 13, 2024 in Thermal, California.
Persons: Taylor Swift, Rihanna, Lisa, , Lana Del Rey, Tyler, Jeff Bezos, Lauren Sanchez, Travis Kelce Taylor Swift, Travis Kelce, Gilbert Flores, Swift, Jason, Lauren Sánchez, Kris Jenner's, Corey Gamble, Lana Del Rey's, Rocky, Shakira, Blackpink's Lisa LISA, BLACKPINK, Bizarrap's, Blackpink's Lisa, Blackpink, Barry Keoghan Barry Keoghan, Tommaso Boddi, Sabrina Carpenter's, Keoghan, Carpenter, Justin Bieber, Jaden Smith Bieber, Smith, Hailey Bieber Hailey Bieber, Campbell Puckett, 🌵🎡, Rob e, mee, fou, ann u, e, Lew, tim e Organizations: Service, Billboard, Los Angeles Times, Coachella Music, Arts Festival, Getty, NFL, Coachella, AP, Valley Music, Arts, spo Locations: Indio , California, Thermal , California, Coachella, Singapore, fes, Fes
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHarvard becomes the latest Ivy League school to reinstate the SAT admission requirementShaun Harper, business professor at the University of Southern California, joins CNBC's 'Squawk Box' to react to the news of Harvard University becoming the latest Ivy League school to reinstate SAT for admissions.
Persons: Shaun Harper Organizations: Harvard, Ivy League, University of Southern, Harvard University Locations: University of Southern California
Sometimes events are simply fantasy themed, without reference to specific books or fantasy worlds. Dreams shattered.”She attributes the growing demand for fantasy events to the commercial success of fantasy romance books, especially among Millennial women. The past year has also seen a spike in the popularity of “romantasy,” or romance fantasy books. “You know, work dredges on for a lot of people,” said Brittany Proctor, a Michigan-based entrepreneur who’s been hosting fantasy balls in the Midwest since 2022. In fact, Proctor is considering scaling back some of her events due to the sheer number of these fantasy balls that have been cropping up in recent years.
Persons: San Diego Comic Con, Con, Harry Potter, , Katherine Stinson, Eric Atticus, Stinson, Dana John, , she’s, Alexander Chernev, Matt Harris, Sarah J, Maas, Patti McConville, Juliette Sureau, Sureau, Sophie Valfroy, “ romantasy ”, “ They’re, ” Juliette Sureau, Shaun Wada, Ariana Smoak Holly Simone, Tok, Simone, Shawn Strider, ” Stinson, Brittany Proctor, who’s, ” Maja Djikic, you’re, ” Djikic, Proctor, “ I’ve, I’m Organizations: New, New York CNN, Social, Allied, Research, Disney, Universal, San Diego Comic, TikTok, CNN, Stinson, Northwestern’s Kellogg School of Management, Barnes, Noble Booksellers, Times, Google, , University of Toronto Locations: New York, Canada, Houston, Houston , Texas, Texas, New York City, USA, TikTok, Columbia , South Carolina, London, Los Angeles, Michigan, , Bahamas
CNBC Daily Open: Wall Street wary as inflation data looms
  + stars: | 2024-03-12 | by ( Sumathi Bala | ) www.cnbc.com   time to read: +2 min
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Overnight, U.S. stocks ended mixed as investors await key inflation data for clues on the Federal Reserve's path on rate cuts. "The question is to what extent and how broad will it be," he told CNBC. Web inventor's top predictionsTim Berners-Lee, recognized for inventing the World Wide Web, told CNBC his top predictions for the future of the web — and how it will be transformed by Al.
Persons: Patria Stodghill, vender Susan Mendoza, Hang Seng, Dow, Shaun Rein, it's, Steven Okun, Tim Berners, Lee Organizations: Patria, Washington , DC, CNBC, CSI, Nikkei, Nasdaq, China Market Research, APAC Advisors, Al, Barclays Locations: Washington ,, Hong Kong, Asia, China, U.S, Washington
Declining foreign investment and a prolonged property slump are just some of the issues that have put pressure on the Chinese economy — and stock market. We're still relatively underweight China, but we've been reducing that underweight [as] some of the stocks there have become really, really cheap." China Market Research Group's Shaun Rein agrees. "If you're a multinational, if you're looking to drive growth over the next three to five years, the next China is China. Shares in Fufeng are held in the iShares MSCI China Small-Cap ETF , while Xinyi Glass shares are held in the Franklin FTSE Hong Kong ETF and SPDR S & P China ETF .
Persons: Kamil Dimmich, CNBC's, we've, Shaun Rein, it's, Salomon, Arc'teryx, Dimmich Organizations: Shanghai, South Capital, Research, Amer Sports, New York Stock Exchange, Stock, Fufeng Group, Ford, General Motors, Hong Kong Stock Exchange, Xinyi, Franklin FTSE, Franklin FTSE Hong Kong ETF Locations: China, It's, India, Vietnam, Franklin FTSE Hong
Bloomberg | Bloomberg | Getty ImagesValuations of Chinese stocks are "way too low" and investors should be looking to cautiously re-enter the world's second-largest economy, according to Shaun Rein, founder and managing director of the China Market Research Group. However, Rein attributed this to the Lunar New Year period, and insisted that deflation "still looms over the Chinese economy." "They're cautious about whether or not the government is going to launch a bazooka-like stimulus — clearly they're not going to." "But we think China's low inflation is a symptom of its growth model built on a high rate of investment. As reducing dependence on investment is still far off, we expect inflation to stay low in the long run."
Persons: Shaun Rein, Rein, CNBC's, Huang Organizations: Bloomberg, Getty, China Market Research Group, Capital Economics Locations: China
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Wall Street ends mixedU.S. stocks ended mixed Monday as investors await key inflation data for clues on the Federal Reserve's path on rate cuts. Oracle shares spikeOracle shares surged 13% as quarterly earnings topped estimates, but revenue came in slightly soft of expectations. [PRO] Barclay's three global picksBarclays picked three European stocks for investors to consider buying for the next quarter.
Persons: Dow, Bitcoin, Shaun Rein, it's, Safra Catz, Trump, Donald Trump Organizations: CNBC, Nasdaq, China Market Research, Oracle, Facebook, Barclays Locations: China, U.S
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina's economy is 'weak, but not that weak' and valuations are too low, strategist saysShaun Rein, founder and managing director of the China Market Research Group, discusses the outlook for the Chinese economy and its impact on global markets.
Persons: Shaun Rein Organizations: China Market Research Locations: China
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe next China is not India or Vietnam — it's still China, says strategistShaun Rein, founder of the China Market Research Group, says "multinationals, if you're thinking about a three-, five-year growth plan, you got to be investing in India, but you have to be investing in China, because there's no other country that has the scale of China."
Persons: Shaun Rein Organizations: China Market Research Locations: China, India, Vietnam
CNN —An Alabama Supreme Court ruling that decided frozen embryos are children, and those who destroy them can be held liable for wrongful death, shows a new way in which the overturning of Roe v. Wade can affect how embryos are viewed under certain state laws. That decision is the first known case in which a US court has ruled that frozen embryos are human beings. Events leading up to the Alabama Supreme Court decision can be traced to 2006, when the criminal statute for homicide in the state was changed to include in utero. President Joe Biden said in a statement Thursday that the Alabama Supreme Court decision was a “direct result” of the overturning of Roe. “From the beginning, I’ve been warning that the fall of Roe v. Wade wasn’t just about abortion – and the recent Alabama Supreme Court ruling proves that,” Illinois Sen. Tammy Duckworth, who introduced the legislation with Pennsylvania Rep. Susan Wild, wrote in an email Thursday.
Persons: Roe, Wade, Mack, Carmack, ” Dr, Shaun Williams, , Williams, Joe Biden, ” Biden, , Dr, Sanjay Gupta, I’ve, Wade wasn’t, , Illinois Sen, Tammy Duckworth, Susan Wild, ” CNN’s Devan Cole Organizations: CNN, An, An Alabama Supreme, Alabama, of, Democratic, Senate, CNN Health, , Pennsylvania Locations: An Alabama, US, Alabama, Connecticut, of Alabama, , America, Illinois
ESPN Bet is coming to the Big Apple. Wynn Interactive, a subsidiary of Wynn Resorts, was awarded a New York mobile sports betting license in 2021. Penn was not — and it has missed out on the action from the nation's largest sports betting market. But Eilers & Krejcik estimated ESPN Bet came away with 8% market share when it launched in November, good enough to take a third-place position. Now, if New York gaming regulators sign off on the license transfer to Penn, ESPN Bet could provide new and potentially formidable competition in the nation's biggest sports betting market.
Persons: Wynn, Penn, Dave Portnoy, Portnoy, FanDuel, Shaun Kelley, Taylor Swift, Travis Kelce Organizations: ESPN Bet, Big Apple, Penn Entertainment, Wynn Resorts, Wynn Interactive, New, New York, Gaming Commission, ESPN, National Football League, Caesars, Krejcik, Bank of America, NFL, Kansas City Chiefs, Penn, CNBC PRO Locations: New York, Pennsylvania, BetMGM
CNBC Pro combed through Bank of America research to find attractive stocks heading into earnings. Global Payments Analyst Jason Kupferberg is doubling down on shares of the payment processing company heading into earnings on Feb. 14 . "If executed well, we still think integrations between ESPN's media app and ESPN Bet could drive sustainable high-single-digit market share," he said. "We are Buy rated on PENN given stable regional gaming trends and upside opportunity from ESPN Bet," Kelley wrote. … While disappointing at face, turnarounds are never a straight line and we think investor expectations for PENN & ESPN Bet remain low.
Persons: it's, there's, Jason Kupferberg, Kupferberg, GPN, Tal Liani, Liani, Shaun Kelley, that's, Kelley, Penn Organizations: Nvidia, Bank of America, CNBC, Arista Networks, Penn Entertainment, Global, Arista, Microsoft, TAM, Penn, ESPN, ESPN Bet, PENN, SG, Enterprise, SAP, VMWare, Dell, Penn Ent, Interactive, Locations: Bank, CY25, 2H24
Read previewSports betting companies are set to score big at this weekend's Super Bowl, with DraftKings and FanDuel leading the rush, Bank of America said in a Friday note. Sunday's game will see the Kansas City Chiefs play against the San Francisco 49ers, paving the way for blowout betting activity. DraftKings and FanDuel stand to benefit the most from this weekend of big betting, BofA equity strategists led by Shaun Kelley wrote. AdvertisementSports betting industry players are also positioned to benefit from the expected attendance of Taylor Swift, whose presence may kick betting activity into a higher gear, BofA wrote. Some examples of these proposition bets — wagers not tied to the game's outcome — include DraftKings' "how you get the girl," where Kelce scores a touchdown in each half.
Persons: , FanDuel, Shaun Kelley, Kelley, Taylor Swift, BofA, Travis Kelce's, Swift, FanDuel isn't, Goldman Sachs, it's, Research Ben Andrews, Jim Chanos Organizations: Service, Bank of America, Kansas City Chiefs, San Francisco 49ers, Business, 49ers, Chiefs, NYSE, Leisure, Research
Penn Entertainment's ESPN Bet sports betting service could prove to be a winner at the Super Bowl on Sunday — helped by the Taylor Swift effect, according to Bank of America. Morgan Stanley analyst Stephen Grambling calculates Swift could lead to about a 10% rise in viewership. These include proposition, or "prop," bets that aren't tied to the final score, such as "How many times will Taylor Swift be shown on camera during the telecast of the game?" or "Will the MVP mention Taylor Swift in his speech?" ESPN Bet especially could benefit because, compared with other sports betting platforms, it "may have a higher proportion of female bettors," Kelley wrote.
Persons: , Taylor Swift, Travis Kelce, Shaun Kelley, Morgan Stanley, Taylor, Stephen Grambling, Swift, Grambling, Kelley, Clark Hunt, CNBC's, aren't, — CNBC's Michael Bloom Organizations: Penn, ESPN Bet, Bank of America, Kansas City Chiefs, NFL, Chiefs, ESPN Locations: Las Vegas, U.S
This story is from Headway, an initiative from The New York Times exploring the world’s challenges through the lens of progress. “A beacon.”That was how Shaun Donovan, former commissioner of New York City’s Department of Housing Preservation and Development, heralded Via Verde, the South Bronx development, in 2011. Construction was nearly done at the time, and I chose Via Verde for the subject of my first column as The New York Times’s architecture critic. Most important, its goal was larger than itself: to reimagine subsidized housing for a new century. Engineers, solar experts, community groups, architectural organizations as well as the New York City Council pulled in unison.
Persons: what’s, Shaun Donovan Organizations: The New York Times, New York City’s Department of Housing Preservation, Via Verde, Guggenheim, Bloomberg, . Engineers, New, New York City Council Locations: New, Via Verde, Bronx, York, Paris, New York, grumbled
Pieter Tritton, a former cocaine smuggler, speaks with Business Insider about trafficking cocaine from Ecuador to Europe through a cartel connection. Tritton was arrested in Ecuador and sentenced to 12 years in one of the world's most violent and corrupt prisons. David McMillan is a British Australian former drug smuggler. Shaun Attwood is a former drug smuggler who ran a successful ring trafficking MDMA pills in the US in the '90s. He speaks with BI about his experience with drug-dealing gangs and how the drug market works.
Persons: Pieter Tritton, Tritton, David McMillan, Adi Jaffe, Jaffe, Shaun Attwood, Attwood, Neil Woods, Woods, incapablestaircase.com Adi Jaffe, Neil Organizations: University of California Locations: Ecuador, Europe, British Australian, Southeast, Central Asia, Los Angeles, American
“How to Have Sex” is not didactic, however, which is what makes it so effective. And it starts out so fun, like a more innocent and realistic “Spring Breakers.”Parties on screen rarely feel as fun as they’re supposed to — the joy often looks a little forced. This is something Skye makes her feel self-conscious about while also trying to push her to get rid of on the trip. There is a hard turning point when things stop being fun in “How to Have Sex,” when one morning Tara is missing from both hotel rooms. “How to Have Sex,” a MUBI release in select North American theaters Friday, has not been rated by the Motion Picture Association.
Persons: Molly Manning Walker, Mia McKenna, Bruce, Enva Lewis, Lara Peake, Walker, Romeo, Badger, Shaun Thomas, Tara, He’s, Skye, Paddy, Samuel Bottomley, you’ve, she’s, McKenna Organizations: MTV Beach, Motion Locations: Skye, Greece
3 market share position," said Jeff Stantial, director of gaming and leisure research at Stifel. DraftKings stock tripled in 2023 and has already gained nearly 10% in 2024. 'Buying' market share The remaining market share is up for grabs and fluctuates among the smaller players. Stantial expects ESPN Bet has the edge over BetMGM, but says both sportsbooks remain tightly contested for a larger slice of market share. ESPN Bet has been running promotions that include $150 of free bets and $1,000 deposit match upon signing up, according to JPMorgan analyst Joseph Greff.
Persons: Jeff Stantial, Bank of America's Shaun Kelley, You've, Stantial, Joseph Greff, Greff, Walt Disney, Barstool, FactSet, JPMorgan's Greff, Bet365, Clark Lampen, Lampen Organizations: DraftKings, Penn Entertainment, ESPN Bet, MGM Resorts International, Baltimore Ravens, Kansas City Chiefs, San Francisco 49ers, Detroit Lions, New York Stock Exchange, NCAA, Bank of America's, Euronext Dublin, BetMGM, ESPN Bet's, Professional, Amateur Sports Protection, ESPN BET, ESPN, Walt, Barstool Sports, Sportico, Penn, MGM Locations: U.S, North Carolina, Ireland, WynnBet, BetMGM, PENN, York
Read previewAlligators have been spotted seemingly frozen in ice during a cold snap in Texas — but they aren't dead. A video that has gone viral on TikTok shows one of these motionless alligators almost completely submerged under ice. The alligator in the video is in a state of brumation, which is a type of hibernation in reptiles. "The ice will insulate the water, so it'll keep the water a lot warmer than the air," said Handhart. AdvertisementAs well as Texas, several alligators were found frozen inside "giant ice cubes" at the Swamp Park, near Ocean Isle Beach, North Carolina, LiveScience reported.
Persons: , Eddie Handhart, Shaun Fogget, Handhart, LiveScience, he's, he'd Organizations: Service, Business, Crocodiles, Gator Country Locations: Texas, Beaumont , Texas, brumation, Ocean Isle Beach , North Carolina
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