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☆ The AI boom reminds this expert of the dot-com bubble — with one dangerous difference
▼ + stars: | 2024-05-05 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

Read previewThe AI boom resembles the dot-com bubble — but there's one big difference that makes this craze far more dangerous, says one expert. "Many dot-com companies that drove the internet change went broke doing it. Many AI companies driving as big a change will go broke or lose half their value." "The giant AI pioneers won't go broke, but if AI losses drive their stock prices down, lots of investors will suffer," Gordon said. He's previously drawn a line between the dot-com bubble and the tech-stock boom.

Persons: —, Erik Gordon, Gordon, He's Organizations: Service, Business, University of Michigan's Ross School of Business, Nvidia, Microsoft, Big Tech

☆ ‘Cabs to get into space’: How this Indian startup wants to revolutionize satellite space travel
▼ + stars: | 2024-04-23 | by ( Amy Gunia | ) edition.cnn.com time to read: +7 min

But its private sector has played a limited role in space exploration, acting mostly as suppliers and vendors for its national space agency, the Indian Space Research Organization (ISRO). “Very few companies globally are able to make it to orbit yet.”Pawan Chandana, the co-founder of Skyroot Aerospace Skyroot Aerospace Pvt. As Indian space startups mature over the coming years, he expects the government to become a customer, enabling further growth. Many private space companies source income from governments, including Space X, which has raked in billions of dollars from US government contracts. In November 2022, Skyroot Aerospace launched India's first privately built rocket, Vikram-S. Skyroot Aerospace Pvt.

Persons: Vikram, ” Pawan Chandana, “, Pawan Chandana, Narendra Modi, ”, Susmita Mohanty, Skyroot, Chandana, ridesharing, Kari Bingen, Modi, Mohanty Organizations: CNN, Indian Space Research Organization, ISRO, Elon, SpaceX, Skyroot Aerospace, Skyroot Aerospace Skyroot Aerospace, . Ltd, McKinsey & Company, Economic, ’, LEO —, Vikram Sarabhai, Aerospace Security, Center for Strategic, International Studies, Deloitte, India’s, NASA Locations: India, United States, Hyderabad, Thiruvananthapuram, Singapore

☆ House Democrats keep options open as effort to oust Johnson grows
▼ + stars: | 2024-04-16 | by ( Lauren Fox | Kristin Wilson | ) edition.cnn.com time to read: +9 min

He’d let Putin take all of Europe,” Florida Rep. Jared Moskowitz said on CNN after Massie announced Tuesday he’d join Greene in her effort to oust Johnson. “Let’s just hope that that does not happen, and that we can do our responsibilities, protect and defend our own democracy as we protect theirs,” former House Speaker Nancy Pelosi said. “If Speaker Johnson wants to talk to Hakeem Jeffries, I think we’d be open to something like that. If only a handful of Republicans vote to oust Johnson, only a handful of Democrats would be needed to step in and help him keep his job. And that is where Democrats would have to decide if they’d help Johnson.

Persons: Mike Johnson, institutionalists, Johnson, Hakeem Jeffries, Kevin McCarthy, Israel, Marjorie Taylor Greene, Thomas Massie, He’d, Putin, Jared Moskowitz, Massie, he’d, Greene, Tom Suozzi, Johnson –, “ Let’s, Nancy Pelosi, “, Johnson’s, Sara Jacobs, ”, Jeffries, hypotheticals, McCarthy, Matt Gaetz, –, Chuck Schumer, ’ –, Alejandro Mayorkas –, wouldn’t, Ann Kuster, Mike Gallagher, they’d, ‘, ’ Jeffries, Gerry Connolly, “ It’s, Rosa DeLauro, We’ve, can’t, “ We’ve, Jamie Raskin, Jim Himes, “ Gerry, ” Himes Organizations: CNN — House, Democratic, Union, ”, CNN, New York Democratic, Republicans, California Democratic, Florida Rep, White, Foreign Intelligence, of Homeland, GOP, ” New Hampshire Democratic, Republican Rep, Louisiana Republican, Republican, Maryland Democratic, House Intelligence Locations: Israel, Europe, ” Florida, California, Ukraine, Louisiana, Haiti, Sudan, Gaza, “, Connecticut

☆ I catapulted off the deck of a US aircraft carrier in a largely windowless prop plane the Navy's been flying since the 1960s. It was jarring and intense.
▼ + stars: | 2024-02-24 | by ( Jake Epstein | ) www.businessinsider.com time to read: +5 min

Catapulting off an aircraft carrier is a sharp, jarring experience even more intense than the landing, and I recently experienced this firsthand in a US Navy C-2 Greyhound. Jake Epstein/Business InsiderThere were a couple of very small windows on the aging Greyhound, but they were behind me, mostly out of sight. Jake Epstein/Business InsiderAside from facing the wrong way, taking off from Bahrain felt a lot like any other commercial flight I've ever been on. AdvertisementMy first look at the flight deck after landing on the USS Dwight D. Eisenhower. Jake Epstein/Business InsiderSuddenly, we shot up at a force that felt far greater than the catapult launch, gaining a lot of altitude in a quick spurt.

Persons: —, Dwight D, Eisenhower, Houthi, Ike, Jake Epstein, rocketing Organizations: Service, US, Greyhound, Grumman, Navy Locations: US Navy, Bahrain, Red, Iran, Yemen

☆ A renowned market bear who called the dot-com bubble warns concentration in tech stocks now exceeds levels seen just before the 2000 crash — and cautions that the sector's earnings are not keeping up
▼ + stars: | 2024-02-17 | by ( William Edwards | ) www.businessinsider.com time to read: +5 min

For example, the tech sector’s valuations are generally lower than they were then, though still elevated. One is that the fundamentals of the tech sector are detached from its price action. While the sector’s earnings have performed better than the rest of the market on average, earnings expectations have been rising faster than actual subsequent earnings performance. Many parallels between the dot-com bubble and today’s market have been called to light in recent weeks. Only time will tell if tech stocks are in a bubble that's due to burst.

Persons: Albert Edwards, “, ” Edwards, Edwards, Michael Hartnett, Jeffrey Schulze, Adam Karr, ”, Quincy Krosby, Hartnett Organizations: Societe Generale, Nasdaq, Business, Generale, Bank of America, Orbis Investment Management, Artificial Intelligence, LPL Financial Locations: Japan

Here are some key findings from an Associated Press investigation into Rocha's alleged betrayal and the missed red flags that could have helped him avoid scrutiny for decades. Rodríguez told AP he believed at the time he received from the Cuban defector in 2006 was an attempt to discredit a fellow anti-communist crusader. It wasn’t just Rodríguez’s tipster — whom he refused to identify to the AP but says was recently interviewed by the FBI. Officials told the AP that as early 1987, the CIA was aware Castro had a “super mole” burrowed deep inside the U.S. government. The FBI and CIA declined to comment, and the State Department didn’t respond to requests.

Persons: Manuel Rocha, Félix Rodríguez, Rocha, “, ” Rodríguez, MANUEL ROCHA, ”, Fidel Castro’s, Fidel Castro, “ El, Liliana Ayalde, Castro, Evo Morales, Ayalde, retracing, “ Che ” Guevara, Rodríguez, tipster, Peter Romero Organizations: MIAMI, Ivy League, CIA, Cuban, Miami, FBI, State Department, Associated Press, WHO, Yale, of Intelligence, Authorities, The Taft School, Prosecutors, U.S, AP, Officials, . Locations: America, Cuban, Cuba, Chile, Colombia, New York City, Connecticut, Bolivia, U.S, Paraguay, Brazil, Latin America, Investigative@ap.org

☆ ‘Super El Niño’ is here, but will it last? What’s in store for the coming months
▼ + stars: | 2024-02-07 | by ( Mary Gilbert | ) edition.cnn.com time to read: +4 min

CNN —The current El Niño is now one of the strongest on record, new data shows, catapulting it into rare “super El Niño” territory. It means a very strong El Niño is ongoing. El Niño influences weather around the globe, so its strength and demise will continue to have an impact on the weather we experience in the coming months. Average conditions during an El Niño winter across the continental US. El Niño has been known to enhance atmospheric river events on the West Coast.

Persons: El, El Niño, Niño, Michelle L’Heureux, ” L’Heureux, L’Heureux, El Niños, Javier Torres, There’s, CNN’s Rachel Ramirez, Brandon Miller Organizations: CNN, El, AFP, Getty Locations: El, California, West Coast, Americas, Chile, Valparaiso, South America, Africa, Australia, Asia

☆ Factbox-What Are the Contentious Events Behind India's New Ram Temple?
▼ + stars: | 2024-01-20 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +3 min

(Reuters) - Indian Prime Minister Narendra Modi will lead a ceremony on Monday to consecrate a grand new temple to the Hindu god-king Ram, delivering on a campaign promise his political party made more than three decades ago. Legal battles ended in 2019 with the Supreme Court deciding to allow a Hindu temple to be built there, on condition that Muslims received another plot to build a mosque. In Dec. 1949, authorities seized the mosque after Hindu activists placed idols of Ram inside the disputed structure. Hindu and Muslim groups tried unsuccessfully to resolve the dispute through talks, before Modi's Hindu nationalist Bharatiya Janata Party (BJP) launched a nationwide campaign in 1990 to build the temple. He rode to the office of prime minister in 2014 on a Hindu nationalist platform that included the promise to build the temple.

Persons: Narendra Modi, Ram, Modi, Modi's, Nripendra Misra, Lord Vishnu, Babur, India's, Lal Krishna Advani, Krishn Kaushik, Krishna Das, YP Rajesh, Clarence Fernandez Organizations: Reuters, Indian, Bharatiya Janata Party, BJP, YP Locations: India, Ayodhya, Uttar Pradesh, New Delhi, Gujarat

☆ 'Vote of confidence': UK hails $37 billion of foreign investment
▼ + stars: | 2023-11-26 | by ( Alistair Smout | ) www.reuters.com time to read: +5 min

Australian funds IFM Investors and Aware Super will pump 10 billion pounds and 5 billion pounds, respectively, into projects ranging from infrastructure and energy transition to affordable housing, Sunak's Downing Street office said in a statement. It added that Spanish power giant Iberdrola (IBE.MC) would add 7 billion pounds to its investment plans in Britain, which include transmission and distribution electricity networks. France has overtaken Britain as the European country with the highest number of new FDI projects. President Emmanuel Macron announced 13 billion euros ($14 billion) of investment commitments in France at a similar FDI gathering in May. "It wants to deal with one person," investment minister Dominic Johnson told Reuters, adding ministers could then have "very strong, frank discussions with the international investment community about how we can make the environment more investable".

Persons: Rishi Sunak, Kemi Badenoch, Sunak's, Iberdrola, Sunak, Emmanuel Macron, Stephen Schwarzman, David Solomon, Goldman Sachs, Jamie Dimon, JP Morgan Chase, Amanda Blanc, Dominic Johnson, IFM, King Charles, William Schomberg, Alistair Smout, Louise Heavens, Mark Potter Organizations: British, Global Investment, Business, IFM, Microsoft, Blackstone, LBC, Nissan, Reuters, Thomson Locations: Hampton, East Molesey, Surrey, Britain, France, Germany, England, Buckingham

☆ New Hampshire sets primary date for Jan. 23, defying Biden's order
▼ + stars: | 2023-11-15 | by ( Jarrett Renshaw | ) www.reuters.com time to read: +2 min

The dispute between New Hampshire and the Democratic Party also means Biden’s name will be missing from the New Hampshire presidential primary ballot this year. Biden ousted Iowa and New Hampshire from the first spots on the party's nominating calendar in favor of South Carolina, a more diverse state. Biden credits South Carolina and its large Black population with catapulting him to the White House in 2020. The winner of the New Hampshire primary is not expected to get any delegates necessary to secure the nomination, making South Carolina the first vote of any consequence. For Democrats, South Carolina’s primary will be on Feb. 3, followed by Nevada’s on Feb. 6.

Persons: Joe Biden disembarks, Brittany Hosea, Joe Biden, Biden, Nevada’s, Jarrett Renshaw, Bill Berkrot Organizations: Air Force, San Francisco International Airport, APEC, Economic Cooperation, REUTERS, U.S, Democratic Party, Democratic National Committee, Democratic, New, Iowa, Biden, South, White House, Republican, Thomson Locations: Asia, San Francisco , California, U.S, New Hampshire, South Carolina, Iowa, Nevada

☆ Biden registers for South Carolina primary, seen as first test of re-election strength
▼ + stars: | 2023-11-10 | by ( Jarrett Renshaw | ) www.reuters.com time to read: +3 min

The filing marks a return to a state that Biden credits with catapulting him to the White House. Biden ousted Iowa and New Hampshire from the top spots on the party's nominating calendar in favor of South Carolina. The move forces any Democratic challenger to Biden to compete first in South Carolina instead of Iowa and New Hampshire, two largely white states which both rejected him in 2020. Biden did not register for New Hampshire's primary, slated for January, after the state refused the Democratic Party's request to move the date back. A CNN poll published on Oct. 31 found that Biden's overall approval rating in South Carolina was just 33%, lower than his national approval, which has hovered around 40% in most polls.

Persons: Joe Biden's, Biden, Dean Phillips, Marianne Williamson, “, Kamala Harris, catapulting, Joe Biden, Carol Fowler, Harris, Phillips, Williamson, Jimmy Carter's, “ We’re, David Ljunggren, Leslie Adler, Aurora Ellis Organizations: Friday, South Carolina Democratic, Black, Palmetto State, Biden, Democratic, Democratic National Committee, Iowa, New, CNN, Thomson Locations: Minnesota, Palmetto, New Hampshire, South Carolina, Iowa, Nevada and Michigan

☆ Biden to register for South Carolina primary, seen as first test of re-election strength
▼ + stars: | 2023-11-10 | by ( Jarrett Renshaw | ) www.reuters.com time to read: +3 min

Nov 10 (Reuters) - U.S. President Joe Biden's re-election campaign on Friday will register for the South Carolina Democratic primary, the party's first official clash and an early enthusiasm test for a president dogged by a rash of recent polls that show declining support among Black voters. It will mark a return to a state that Biden credits with catapulting him to the White House. Biden ousted Iowa and New Hampshire from the top spots on the party's nominating calendar in favor of South Carolina. James Clyburn, a South Carolina congressman and one of the nation's most influential Black leaders, is filing on behalf of the Biden campaign. A CNN poll published on Oct. 31 found that Biden's overall approval rating in South Carolina was just 33%, lower than his national approval, which has hovered around 40% in most polls.

Persons: Joe Biden's, Biden, Dean Phillips, Marianne Williamson, catapulting, Joe Biden, Carol Fowler, Derrick Johnson, Phillips, Williamson, Jimmy Carter’s, James Clyburn, Jarrett Renshaw, Leslie Adler Organizations: South Carolina Democratic, Black, Biden, Democratic, Democratic National Committee, Iowa, NAACP, New, South, CNN, Thomson Locations: Minnesota, Palmetto, New Hampshire, South Carolina, Iowa, Nevada and Michigan

☆ I read Rep. Anna Paulina Luna's children's book based on the 2020 election. It suggests Joe Biden's election victory wasn't legitimate and underscores that election denialism is never really going awa
▼ + stars: | 2023-11-07 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +6 min

Republican Rep. Anna Paulina Luna recently wrote a children's book based on the 2020 election. In "The Legend of Naranja," a Biden-like banana cheats in a race against a Trump-like orange. It's yet another sign that 2020 election denialism is never really going away. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Nonetheless, it stands as a solid example of how lies about the 2020 election will be massaged, repackaged, and filtered down to the next generation over the coming years.

Persons: Anna Paulina Luna, denialism, —, Andrew Gamberzky, she's, Kevin McCarthy, Adam Schiff of, Donald Trump, Joe Biden —, Trump, Luna, Sara Carter, Andy Gamberzky, Jabin, Naranja, would've, there's, Manzana —, Naranja selflessly, you've, Hunter Biden, It's Organizations: Biden, Trump, Service, Florida Republican, Democratic, Adam Schiff of California, Washington, Caucus Locations: Florida

☆ Novo Nordish and Eli Lilly cash in on blockbuster weight-loss drugs
▼ + stars: | 2023-11-02 | by ( Manav Tanneeru | Samantha Delouya | ) edition.cnn.com time to read: +2 min

New York CNN —As prescriptions for weight-loss and diabetes drugs skyrocket, so too has revenue for drugmakers Novo Nordisk and Eli Lilly. On Thursday, Novo Nordisk, the Denmark-based company behind Ozempic and Wegovy, reported a 29% increase in sales to $8.4 billion for the third quarter. The pharmaceutical companies are two of the biggest beneficiaries of the recent weight-loss drug frenzy, with Novo Nordisk catapulting to Europe’s most valuable company in September. Novo Nordisk reported that its obesity care sales grew 174% in the first nine months of 2023, mainly driven by US demand. The success of Novo Nordisk and Eli Lilly’s drugs has inspired other companies to dive into the prescription weight-loss business, including WeightWatchers, now known as WW International.

Persons: Eli Lilly, Mounjaro, Wegovy, Novo, –, Eli Lilly’s Organizations: New, New York CNN, drugmakers Novo Nordisk, Novo Nordisk, Novo Nordisk catapulting, International Locations: New York, Denmark, United States, Novo

☆ María José Llergo’s Songs Have Flamenco Roots. They Raise a Ruckus.
▼ + stars: | 2023-10-24 | by ( Carolina Abbott Galvão | ) www.nytimes.com time to read: +1 min

Llergo said she knows she isn’t the first person to traverse genres — and she’s not just talking about the Catalan pop star Rosalía, whose debut album, “El Mal Querer,” is often credited with catapulting flamenco onto the global stage. (Incidentally, she and Llergo both studied at the Escola Superior de Música de Catalunya in Barcelona under the same mentor, José Miguel Vizcay.) “Flamenco has always lent itself to other styles. All you have to do to find proof of that is look back at people like Lola Flores and Camarón,” Llergo said, referring to Camarón de la Isla, the singer often credited as the 20th century’s “god” of flamenco. “I run through your body like water runs through a river,” she sings in the synth-heavy “Juramento,” in a nod to her predecessor.

Persons: Llergo, she’s, “ El Mal Querer, José Miguel Vizcay, Flamenco, Lola Flores, ” Llergo, “ It’s, ” Organizations: Escola Superior, sierra Locations: Barcelona, Camarón, Água, Spain, ”

☆ Abrams tanks were 'built to kill' Russian armor, but Ukraine has its work cut out for it keeping them in the fight
▼ + stars: | 2023-09-27 | by ( Chris Panella | Ryan Pickrell | ) www.businessinsider.com time to read: +12 min

Ukraine has received a first batch of US-provided M1A1 Abrams tanks. It's heavy-duty, combat-proven armor that was built with a very specific mission in mind: killing Russian tanks. The promise to deliver American-made Abrams tanks to Ukraine followed plans from the UK, Germany, and other European partners to provide Ukraine with Challenger and Leopard tanks. AdvertisementAdvertisement"The Abrams was built, A1 and A2 alike, knowing we had to kill many more Russian tanks. AdvertisementAdvertisementUS M1A1 Abrams tanks needed for training the Armed Forces of Ukraine arrive by rail at Grafenwoehr, Germany, May 14, 2023.

Persons: Abrams, it's, —, Robert Greenway, Volodymyr Zelenskyy, Biden, M1A1 Abrams, Lance Cpl, Scott Jenkins, Joe Biden, M1A1s, Pat Ryder, Gian Gentile, RAND's, Gentile, Leo, Challenger, Allan Tannenbaum, Greenway, Charlie Company ,, Brendan Mullin, there's, It's, Tylon Chapman, Douglas R, Bush, we've Organizations: US Army, Service, Ukraine, Soviet, Hudson Institute, Army, New York Times, M1A1, Iraq's, Special Forces, Marine Corps M1A1, 2nd Tank Battalion, 2nd Marine Division, Marine Expeditionary Force, US Marine Corps, Kyiv, Pentagon, Challenger, Leopard, Leopards, RAND's Arroyo Center, US, Charlie, Charlie Company , 1st Tank Battalion, 1st Marine Division, United Arab Emirates, Armed Forces, US Air National Guard, Honeywell, Abrams, Acquisition, Logistics, Technology, M1 Abrams Locations: Ukraine, Soviet, Pohjankangas, Niinisalo, Finland, Scott Jenkins Ukraine, Germany, RAND's Arroyo, Russian, Iraq, Soviet Union, U.S, Kuwait, Grafenwoehr

☆ As Instacart goes public, it's no victory lap for founder Apoorva Mehta
▼ + stars: | 2023-09-19 | by ( Darius Rafieyan | ) www.businessinsider.com time to read: +10 min

Mehta was replaced as CEO of Instacart in July 2021 following a messy dispute with some of the company's largest investors. Instacart Founder Apoorva Mehta in his 2003 yearbook photo from Westdale Secondary School. The app started gaining momentum and Mehta put out ads on Craigslist for shoppers to do the grocery runs for him. Whole Foods reportedly broke the news to Mehta and a fellow Instacart executive on an early morning call. In a sworn affidavit, Mehta denies that he misappropriated any trade secrets and says he's since cut ties with Singh.

Persons: Apoorva Mehta, Mehta, Safeway Mehta, Hamilton Public Library Mehta, Bing Gordon, Kleiner Perkins, Gordon, he'd, Garry Tan, Tan, Garry, Andreessen Horowitz, catapulting Mehta, Forbes, Instacart, Mike Moritz, Fidji Simo, Simo, That's, Mehta's, he's, Tejasvi, Singh, Sam Bankman, NextMed, it's Organizations: Instacart, Safeway, Westdale Secondary, Hamilton Public Library, The University of Waterloo, Amazon, NPR, Electronic Arts, YC, TechCrunch, Sequoia Capital, Khosla Ventures, Forbes, Foods, Costco, Kroger, Facebook, Sunrise Locations: India, Libya, Hamilton , Ontario, Toronto, Seattle, San Francisco, wallowing, Sequoia, Mehta's, Marin County

☆ ESPN Enters Sports Gambling in $2 Billion Deal With Casino Company
▼ + stars: | 2023-08-08 | by ( Kellen Browning | More About Kellen Browning | ) www.nytimes.com time to read: +1 min

ESPN on Tuesday announced a 10-year deal with Penn Entertainment, a casino company, to create an online sports betting brand called ESPN Bet, catapulting the sports entertainment network into the lucrative world of online gambling. Penn will operate the online sports book and pay ESPN $1.5 billion in cash for the use of ESPN’s name, marketing, “access to ESPN talent” and other promotional tools, Penn said in a news release. Penn will also give ESPN options to buy $500 million in Penn stock, the news release said. Jimmy Pitaro, the chairman of ESPN, said in the news release that he believed ESPN’s strong brand, combined with Penn’s technology and experience running a sports book, provided a “tremendous opportunity to serve the ever-growing number of consumers interested in betting.”Jay Snowden, Penn’s chief executive, called the deal “transformative” and said it would help Penn continue to evolve into a “North American entertainment leader.”

Persons: Penn, Jimmy Pitaro, ” Jay Snowden, ” Organizations: ESPN, Tuesday, Penn Entertainment, ESPN Bet, Penn Locations: Penn, American

☆ Women’s World Cup: Japan Rolls and England Gets By
▼ + stars: | 2023-07-22 | by ( Claire Fahy | The New York Times | ) www.nytimes.com time to read: +4 min

Japan wants to get back in the contender conversation after last reaching a World Cup quarterfinal in 2015, and started with a dominant win Saturday against Zambia. England vs. Haiti Aside from the United States, England may be facing the greatest expectations of any team in the tournament. But some of those names are missing from England’s current World Cup roster, after the Euro captain Leah Williamson and the star forward Beth Mead both tore anterior cruciate ligaments. At the 2019 World Cup, the team lost to Italy in the round of 16, a stage it hopes to reach again this year, unlikely as that is. According to their coach, Shui Qingxia, the Chinese are looking at this World Cup as an opportunity to reintroduce themselves to the world stage.

Persons: Alessia Russo, Kethna Louis of, Darren England, aly, ake, ove, C Organizations: Zambia, Haiti, European, Japan, WIN, JAPAN Locations: United States, Vietnam, Japan, England, Kethna Louis of Haiti, Shutterstock Denmark, Denmark, Sweden, Norway, Haiti, Zambia, Japan Japan

☆ Wimbledon 2023: The favorites to win the championships, the main challengers and how to watch
▼ + stars: | 2023-07-02 | by ( Matias Grez | ) edition.cnn.com time to read: +6 min

Despite struggling for form in the lead up to the French Open, Djokovic found his A-game when it mattered most in Paris and looked largely unstoppable. Lisi Niesner/ReutersRybakina became the first player from Kazakhstan to win a grand slam title after beating Ons Jabeur in three sets in last year’s Wimbledon final, catapulting her to stardom overnight. Belarussian Sabalenka and Poland’s Iga Świątek are joint favorites to win the title alongside Rybakina, according to bookmakers. Sabalenka has three titles to her name this year, including that maiden grand slam in Australia, and has matched her career-high of No. Iga Swiatek is a four-time grand slam champion but is yet to win Wimbledon.

Persons: Novak, Roger Federer’s, –, Björn Borg –, Djokovic, Spain’s Carlos Alcaraz, Garros, Carlos Alcaraz, Susan Mullane, Reuters Alcaraz, Alcaraz, – Daniil Medvedev, Stefanos Tsitsipas, Casper Ruud, Holger Rune, Frances Tiafoe, Julian Finney, Francis Tiafoe, Chile’s Nicolas Jarry, Elena Rybakina, Donna Vekić, hadn’t, Kazakhstan's Elena Rybakina, Linda Noskova, Lisi Niesner, Reuters Rybakina, Belarussian, Iga, Rybakina, Sabalenka, Aryna Sabalenka, agains Karolina Muchova, Veronika Kudermetova, Świątek, Tatjana Mariana, hasn’t, Joaquim Ferreira, Coco Gauff, Ekaterina Alexandrova, Madison Keys Organizations: CNN — Tennis, All England Club, Wimbledon, Roland, Queen's, USA, Sports, Reuters, Queen’s, Getty, Stuttgart, Eastbourne International, Czech, Stade Roland, Bad, Junior Wimbledon, Bernarda Pera, BBC, ESPN, Tennis Channel Locations: London, Paris, Germany, Wimbledon, Kazakhstan, Australia, United Kingdom

☆ Greek migrant boat tragedy: CNN investigation raises questions about coast guard's account of shipwreck
▼ + stars: | 2023-06-23 | by ( Florence Davey-Attlee Elinda Labropoulou Jomana Karadsheh Gianluca Mezzofiore Katie Polglase | Florence Davey-Attlee | Elinda Labropoulou | ) edition.cnn.com time to read: +10 min

They also call into question the Greek coast guard’s version of events, suggesting more lives could have been saved, and may even point to fault on the part of Greek authorities. The Hellenic Coast Guard has declined to answer CNN’s specific requests for response to the survivor testimonies. The Greek coast guard has maintained that people onboard the trawler had refused rescue and insisted they wanted to continue their journey to Italy. The haunting final words sent from the migrant boat came just minutes before it capsized. Most of all, Mostafa says, he wishes the Greek coast guard had never approached their boat: “If they had left us be, we wouldn’t have drowned.”

Persons: “, Rami, ”, Mostafa, Nikos Alexiou, Byron Smith, ” Rami, Lucky, –, ” Mostafa, Nawal Soufi, …, superyacht, Stringer, Eurokinissi, Vincent Cochetel, Stelios Misinas, Reuters Cochetel, ” Omer Shatz, Mohammad, Fadi, Kyriakos Mitsotakis, Mitsotakis Organizations: CNN, Hellenic Coast Guard, Reuters CNN, Cross, UNHCR, European Union, “, Getty, ” Workers, Reuters, Center for Constitutional, Human Locations: Greece, Syria, Greek, Coast, Athens, Tobruk, Libya, Italy, Kalamata, AFP, Berlin, Netherlands, Sunday’s, Europe

☆ Check out the 11-slide pitch deck these ex-DeepMind staffers used to raise $5.5 million for their large language model startup Glyphic AI
▼ + stars: | 2023-06-14 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +2 min

London-based Glyphic AI has raised $5.5 million from Point72 Ventures. A startup founded by former DeepMind staffers using AI to help sales teams just raised $5.5 million in fresh funds. London-based Glyphic AI, founded last year, has developed a "copilot" that automates an array of manual processes in the sales process. With the recent explosion of ChatGPT catapulting many AI startups into the spotlight, VCs are scrambling to invest in AI startups that enhance workplace productivity. With the fresh funds, Glyphic AI will build out its team, and hone in on its AI and software development.

Persons: Glyphic's, Adam Liska, Liska, Devang Agrawal, that's, Mehdi Ghissassi, Rushin Shah Organizations: London, Point72 Ventures, Creator, Dhyan Ventures, Google Locations: London

☆ Nasdaq futureproofs itself, but at 2021 prices
▼ + stars: | 2023-06-12 | by ( John Foley | ) www.reuters.com time to read: +3 min

NEW YORK, June 12 (Reuters Breakingviews) - Nasdaq (NDAQ.O) is catapulting itself into the future - but paying yesterday’s high prices to get there. She pursued this one with gusto, though: Adenza wasn’t for sale when Nasdaq started wooing Thoma Bravo, say people familiar with the situation. Little wonder Nasdaq shares plunged over 10% on Monday. The U.S.-based exchange operator would pay just under $5.8 billion in cash and the rest in new Nasdaq shares, leaving Thoma Bravo with a 14.9% stake. Nasdaq shares had fallen 9.4% by 10.00am EST on June 12.

Persons: Thoma, Adena, Friedman, Bob Greifeld, Adenza, Thoma Bravo, Jonathan Guilford, Sharon Lam Organizations: YORK, Reuters, Nasdaq, Thoma Bravo, Calypso Technology, Thomson Locations: U.S

☆ Friday's kind of broad rally has eluded Wall Street for quite some time. We hope it has legs
▼ + stars: | 2023-06-03 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +8 min

Club name and Dow stock Caterpillar (CAT) was one of the leaders, soaring more than 8% and accounting for over 100 points of the 30-stock average's 700-point surge. Meanwhile, the tech darlings that have recently propelled the market higher — including top-performing Club stocks Nvidia (NVDA) and Meta Platforms (META) — took a relative backseat Friday. For that reason, it's a hopeful sign to see other sectors walk the runway in the Wall Street fashion show Friday. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Jim Cramer, —, industrials, Jim, haven't, Meta, OpenAI, it's, Dow, Jim Cramer's, Luke Sharrett Organizations: Dow, Caterpillar, Nvidia, Nasdaq, Dow Jones, fellow Club, Halliburton, HAL, Apple, Facebook, Microsoft, Big Tech, FactSet, industrials Honeywell, Emerson Electric, Natural Resources, Linde, LIN, CNBC, Whayne, Bloomberg, Getty Locations: U.S, Louisville , Kentucky

☆ How AI Is Catapulting Nvidia Toward the $1 Trillion Club
▼ + stars: | 2023-05-27 | by ( Asa Fitch | ) www.wsj.com time to read: 1 min

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