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☆ Humane's AI Pin got trashed by a YouTuber, and it sparked a firestorm over whether that's fair
▼ + stars: | 2024-04-15 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +3 min

YouTube tech reviewer Marques Brownlee gave a scathing review of Humane's new AI pin. Some X users said Brownlee's review would mark a death knell for the company. AdvertisementIn his review, Brownlee applauded the build and craftsmanship of the device. AdvertisementIn another viral tweet, however, the user Daniel Vassallo called Brownlee's review "distasteful" and "almost unethical" given his huge following. Vassallo told Business Insider he wasn't defending Humane and actually thought the substance of Brownlee's review was "fair and balanced."

Persons: Marques Brownlee, —, Brownlee, Sam Sheffer, Humane's, Daniel Vassallo, Vassallo, MKBHD, Alex Finn, Alex Kehr Organizations: YouTube, Service

☆ Lion Sleeps It off After Saturday Stroll Through Italian Town
▼ + stars: | 2023-11-13 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +1 min

LADISPOLI, Italy (Reuters) - A lion that escaped from an Italian circus has been taking well-deserved naps to recover from a Saturday night out in the seaside town of Ladispoli that sparked panic before authorities managed to recapture him. The adult lion, named "Kimba", escaped from the "Rony Roller" circus on Saturday afternoon and was on the loose for around seven hours before he was sedated with an aesthetic dart. Footage and pictures, some taken by locals, went viral and showed the lion roaming around the town streets, skirting houses and fences, and standing in front of a carabinieri police car. Local authorities are investigating how the lion managed to get out of its metal enclosure. In a Facebook post on Monday, local mayor Alessandro Grando wrote that he would ask council experts to check if there were legal grounds to revoke the permits for the "Rony Roller" circus.

Persons: Rony Vassallo, Alessandro Grando, Giuseppe Altavilla, Cristiano Corvino, Roberto Mignucci, Oriana Boselli, Federico Maccioni, Keith Weir Organizations: carabinieri, Reuters Locations: LADISPOLI, Italy, Ladispoli, Ladipsoli

☆ Lion sleeps it off after Saturday stroll through Italian town
▼ + stars: | 2023-11-13 | by ( ) www.reuters.com time to read: +1 min

LADISPOLI, Italy, Nov 13 (Reuters) - A lion that escaped from an Italian circus has been taking well-deserved naps to recover from a Saturday night out in the seaside town of Ladispoli that sparked panic before authorities managed to recapture him. The adult lion, named "Kimba", escaped from the "Rony Roller" circus on Saturday afternoon and was on the loose for around seven hours before he was sedated with an aesthetic dart. Local authorities are investigating how the lion managed to get out of its metal enclosure. A lion that escaped from a circus near Rome is seen in front of a house before it was captured and sedated to be brought back to "Rony Roller" Circus, November 11, 2023. In a Facebook post on Monday, local mayor Alessandro Grando wrote that he would ask council experts to check if there were legal grounds to revoke the permits for the "Rony Roller" circus.

Persons: Rony Vassallo, Alessandro Grando, Giuseppe Altavilla, Cristiano Corvino, Roberto Mignucci, Oriana Boselli, Federico Maccioni, Keith Weir Organizations: carabinieri, Carabinieri Military Police, Handout, REUTERS Acquire, Reuters, Thomson Locations: LADISPOLI, Italy, Ladispoli, Rome, Ladipsoli

☆ Investors fear US data disruption from looming government shutdown
▼ + stars: | 2023-09-29 | by ( Laura Matthews | ) www.reuters.com time to read: +4 min

A shutdown would disrupt government services including the publication of major U.S. economic data such as keenly-watched employment and inflation reports that can move equity and bond markets globally. "If the government data releases are suspended, this will increase volatility and decrease visibility, in a time when forecasting is already difficult," said Clifton Hill, global macro portfolio manager, at Acadian Asset Management. Hill said that investors would have to make assumptions based on survey and non-government economic data that is available. Key government data releases due over the next two weeks include jobless claims, unemployment and inflation, which influence monetary policy. Peter Vassallo, a foreign exchange portfolio manager at BNP Asset Management said delays in economic data "is unfortunately just something that we have to deal with as it comes."

Persons: Brendan McDermid, Clifton, Hill, Jeffrey Roach, Roach, James Knightley, Peter Vassallo, Vassallo, Lynn Martin, Chris Murphy, Goldman Sachs, shutdowns, Acadian's, Moody's, Fitch, Murphy, Laura Matthews, Megan Davies, Jamie Freed Organizations: New York Stock Exchange, REUTERS, Acadian Asset Management, Federal, LPL, U.S . Federal Reserve, Fed, BNP, Management, NYSE, Susquehanna International Group, United Auto Workers, Thomson Locations: New York City, U.S, Washington, Clifton Hill

☆ Analysis: Forex derivatives nudged out into the open as regulations increase costs
▼ + stars: | 2023-06-20 | by ( Laura Matthews | ) www.reuters.com time to read: +6 min

REUTERS/Dado Ruvic/IllustrationNEW YORK, June 20 (Reuters) - Foreign-exchange investors are moving more of their over-the-counter (OTC) derivatives trades to lookalike products on exchanges to avoid higher costs due to recent global regulations, helping inject transparency into a multitrillion-dollar market that is largely hidden from the public eye. The gradual behavioral change in FX derivatives trading is being caused by increasing margin and collateral costs, said Joe Midmore, chief commercial officer at OpenGamma, a derivatives analytics firm. OTC derivatives are privately negotiated contracts while cleared derivatives, though bilaterally negotiated, are booked with a clearinghouse such as a listed exchange. "They will also incur the operational, legal and custody costs of setting up margin facilities as well as the capital costs of posting margin," Houston said. "There is inherently risk involved in lots of people transacting derivatives with each other," said Riddle.

Persons: Dado Ruvic, Ben Feuer, Joe Midmore, ”, Michael Riddle, Paul Houston, Houston, ForexClear, James Pearson, Tom Arnold, Joe Spiro, Peter Vassallo, Riddle, Laura Matthews, Shankar Ramakrishnan, Megan Davies, Matthew Lewis Organizations: REUTERS, Societe Generale, Banking Supervision, International Organization of Securities Commissions, CME, CME Group, FX, Reuters Graphics British, Financial, ForexClear, BNP, Management, Thomson Locations: Saudi, New York, Hazeltree

☆ After FTX's collapse, VCs across industries are finally admitting to crypto's failures — and they're preparing for 'more blows to come'
▼ + stars: | 2022-11-14 | by ( April Joyner | ) www.businessinsider.com time to read: +8 min

Investors stuck to crypto startups they considered "safe bets," but FTX's failure challenges that idea. Crypto startups held yacht parties through the summer and into early fall at events such as NFT.NYC and Messari Mainnet. "The whole crypto space is a high-leverage space, and it's susceptible to cascading failures." The events of the past week are unlikely to whet risk-averse LPs' appetite for crypto, investors told Insider. Even so, several investors who have backed crypto startups told Insider that despite the industry's recent travails, they remain believers in the technology.

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