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As a teen, Chet Kapoor dreamed of working for tech mogul Steve Jobs. One day, that dream became a reality when Kapoor was hired as an intern at software company NeXT, founded by Jobs. "I was one step below the person that opened doors but that didn't matter because I worked 20 yards away from him [Jobs] every day." Kapoor made his mark in Silicon Valley as CEO of cloud software company Apigee, which was acquired by Google in a $625 million deal in 2016. However, he credits a lot of his success to his experience working as Jobs' intern in the early days.
Persons: Chet Kapoor, Steve Jobs, Kapoor, Steve, DataStax —, Jobs Organizations: NeXT, Jobs, CNBC, Google, IBM Locations: Silicon Valley
Royal warrants act as a stamp of approval to indicate the preferred goods and services used by the royal household and senior members of the royal family. The use of royal warrants can be traced back to medieval times when Henry II first granted a Royal Charter to the Weavers’ Company, according to the Royal Warrants Holders Association. In the 15th century, the first official royal warrants were granted, including to the King’s printer, William Caxton. A window display at Fortnum and Mason celebrates the coronation of King Charles III on April 29, 2023 in London, England. “It seems quite clear that if there are any [Environmental, Social and Governance] problems with the company, they will not get a royal warrant,” he said.
Persons: Camilla, Shane Connolly, Mason, King Charles III, Prince of Wales, Charles, Henry II, William Caxton, David Haigh, , Chris J Ratcliffe, Haigh, Bob Lindo, ” Haigh, Tom Athron Organizations: CNN’s Royal, London CNN, Charter, Weavers ’, Royal, Parliament, Brand, CNN, Corgi, Fortnum, Social Locations: London, England, America, East, China, Camel, Cornwall
New York CNN —Netflix is rebuilding the cable bundle, sans one important ingredient: news. The company, having blown up the decades-old linear television business and ushered in the costly and destabilizing era of streaming, is inching closer and closer to resembling the entertainment behemoths of yesteryear. Netflix has shown little-to-no interest in investing in either live-news or pre-taped programming (a la, a show akin to “Vice News Tonight” or “60 Minutes”). Rebuilding the traditional cable package without news is akin to putting together a meal that includes steak, potatoes and ice cream, but not the broccoli. The vegetables might not be the tastiest, most popular item on the menu, but neglecting them would not be healthy.
Persons: Tom Brady, John Mulaney’s “, , Bela Bajaria, , Organizations: New York CNN, Netflix, NFL, WWE, Meta, Republicans, Journalists, Warner Bros, Discovery, CNN, Comcast, NBC, Disney, ABC News, Paramount, CBS, SPAN Locations: New York
In particular, it beat OpenAI's GPT 3.5, a model that was released two years earlier, an eternity in AI years. This new, leaner model will cost users only 35 cents per million tokens, compared with $7 per million for the Gemini 1.5 Pro model. But it remains to be seen if state-of-the-art is actually a good business model. said the founder and CEO of one seed-stage startup that's training new AI models, "but then, you know, as businesses, what you also want to do is what is good enough." As AI models get bigger and gobble up more money and computing resources, there are often diminishing returns in terms of performance.
Persons: , Databricks, Ali Ghodsi, Ghodsi, Claude, it'll, Morgan Stanley, Martin Kon, Kon, OpenAI Organizations: Service, Business, Companies, Google, Gemini, Microsoft, Apple
Mr. Trump faces 34 felony counts of falsifying business records to hide the reimbursement of Mr. Cohen. Mr. Trump, 77, has denied the charges and says he did not have sex with Ms. Daniels. Mr. Blanche grilled Mr. Cohen about social media posts. Their defense of Mr. Trump follows a gag order that bars him from attacking jurors and witnesses like Mr. Cohen. Mr. Trump has already been cited for 10 violations so far and threatened with jail if he continues.
Persons: Michael D, Cohen, Michael Cohen, Donald Trump, Todd Blanche, Trump, Stormy Daniels, Daniels, Trump’s, Juan M, Merchan, , Mr, Blanche, ” Mr, Donald J, Mark Peterson, Cohen’s, Mike Johnson of, Johnson, , Doug Burgum, Vivek Ramaswamy Organizations: Mr, Prosecutors, Republican Party Locations: Manhattan, Lake, Mike Johnson of Louisiana, North
View more opinion on CNNCNN —It was a carefully choreographed show of force in Beijing Thursday as Russian President Vladimir Putin arrived for yet another meeting with his Chinese counterpart, Xi Jinping. Frida Ghitis CNNOn Wednesday, Slovakian Prime Minister Robert Fico was shot multiple times and gravely wounded in an assassination attempt. Russia’s lightning assault, according to Ukrainian President Volodymyr Zelensky, who cancelled all his foreign travel, aims to force Ukraine to stretch its defenses. Security officers move Slovak Prime Minister Robert Fico in a car after the assassination attempt in Handlova, Slovakia, on Wednesday May 15. Every day, the stark reality that what began in Ukraine will change Europe for years to come becomes more inescapable.
Persons: Frida Ghitis, Vladimir Putin, Xi Jinping, Robert Fico, Fico, Putin, , Volodymyr Zelensky, Donald Trump, Joe Biden’s, David Cameron, , Fico —, Radovan Stoklasa, Sergei Shoigu, Andrey Belousov, laughably, Rishi Sunak, Mark Rutte, Russia's, Alexander Ryumin, Emmanuel Macron, , Mikko Heiskanen, Xi Organizations: CNN, Washington Post, Politics, CNN CNN, Frida Ghitis CNN, Wednesday, Slovakian, Kyiv, British, Putin, Kremlin, Moscow, European Union, Reuters, Europe, Russia, Republicans, Russian, West, NATO, Institute for, Locations: Beijing, Europe, Ukraine, Kharkiv, Russia, Georgia, Soviet Republic, Moscow, Moldova, Slovak, Slovakia, , Handlova, Iran, North Korea, China, Norway, London, British, Netherlands, , Germany, Berlin, Finland
More than 100,000 are also in the dark in Louisiana as storms batter the state, as well. Parts of Texas and western Louisiana are under a rare Level 4 of 4 high risk of excessive rainfall Thursday, the Weather Prediction Center said. Major flooding has prompted water rescues in at least one Texas city. Texas and Louisiana have been in the bull’s-eye of seemingly unrelenting rounds of torrential, flooding downpours since the start of April. A tornado warning had been issued earlier Thursday evening in Harris County, including downtown Houston, according to the National Weather Service.
Persons: Samuel Peña, John Whitmire, Houston Mayor John Whitmire, Houstonians, what’s, Hurricane Harvey Organizations: CNN, Houston Fire, Hyatt, Weather Prediction, WPC, National Weather Service, Houston, KPRC, Houston Astros, Oakland Athletics, Houston Mayor, Centerpoint, METRO, Training, Florida Panhandle, Regional Climate Center ., Hurricane Locations: Houston, Hyatt Regency, Texas, Louisiana, Bryan, United States, Georgia, Waco, Mississippi, Lake Charles , Louisiana, Harris County, Harris, city’s, Gulf, Alabama, Florida, Shreveport , Louisiana
Biden has already pardoned federal marijuana offenders and urged individual state governors to take similar steps. On Thursday, the Justice Department is taking the next formal step in the process of easing federal restrictions on cannabis, according to a senior administration official. The rescheduling proposal will appear publicly in the Federal Register, opening it up for a 60-day public comment period. While the process for rescheduling marijuana is lengthy, the president’s aides believe the step is a necessary one to place the drug in a more appropriate category. Biden’s advisers also privately acknowledge the potential political benefit of loosening rules on marijuana, which has gained wider cultural acceptance over the last decade.
Persons: Joe Biden’s, ” Biden, , Biden, I’m, Organizations: Washington CNN, Department, Justice, Federal, Drug, Justice Department
Eli Lilly dips: Shares of Eli Lilly are sitting out the rally on news that Swiss pharmaceutical firm Roche 's experimental obesity drug demonstrated promise in a Phase 1 study. "Doug McMillon, the CEO of Walmart, made the point repeatedly that the company's success this quarter came from lower prices," Jim Cramer said. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Jim Cramer, Eli Lilly, Roche, It's, inflect, We're, Doug McMillon, Estee Lauder, Jim, Jim Cramer's Organizations: CNBC, Viking Therapeutics, Club, Deere, Walgreens Boots, Walmart, Costco, Materials, Jim Cramer's Charitable Locations: Swiss, Amgen, China
Columbia cited security concerns in canceling the large event, a school official told CNN, and instead is holding smaller ones. “Canceling the traditional commencement ceremony was one of the toughest calls in a year of many tough calls,” Shafik wrote in an op-ed in the Columbia Daily Spectator, noting her top priority has been the safety of students, faculty and staff. Fifty people were arrested, and police began the booking process onsite, university spokesperson Tom Vasich said in an email. Pro-Palestinian protesters had set up a campus encampment on April 29, when the university also called in local law enforcement. “This is not protest, this is pure hate.”The building’s takeover came a day after the UCB Divest Coalition agreed to end its campus encampment following discussions with university leadership.
Persons: Minouche Shafik, , Shafik “, Ben Chang, Shafik, , ” Shafik, Tom Vasich, ” Vasich, Vasich, Anna, Dan Mogulof, Nazism ”, David, Mogulof, Santiago Mejia, ” Carol Christ, Jagdeep Singh Bachher, Ana Mari Cauce, ” Cauce, David Ryder David Ryder, , Russell Dorn, Robert Manuel, ” Manuel, Manuel, , ” Benjamin Meyer, Morehouse, Joe Biden’s, David A, Thomas, CNN’s Victor Blackwell, Amanda Musa, Matt Egan, Julia Vargas Jones, Andy Rose, Chris Boyette, Melissa Alonso Organizations: CNN — Pro, Columbia University, Ivy League school’s, New York, CNN, Barnard College, American Association of University Professors, , Columbia Daily Spectator, UC Irvine, University of California, Irvine Police Department, Orange County Sheriff’s Department, Authorities, KABC, UC Berkeley, Pro, KGO, Jewish Community Relations, Nazism, UCB, UC Berkeley’s, Palestine, San Francisco, Getty, UC Regents, UC, Regents, University of Washington, Seattle, Wednesday, REUTERS, Reuters, University, ” DePaul University, Police, DePaul University in, WLS, DePaul, ” University, Coalition, ” Morehouse, Morehouse College’s, White House, White Locations: Israel, Gaza, Shafik, Columbia, Irvine, Orange, Berkeley, Merced, Seattle, DePaul University in Chicago, Atlanta
He then declared Johnson the winner, with video footage showing a confused Hughes shaking her head. Hennessey took to Facebook after the fight to apologize and accept “full responsibility” for the mistake, writing on Sunday: “I own it. It’s all on me.”He added: “I have apologized to all involved and now I apologize to you. Not my best day in the office.”Nina Hughes was confused after being announced as the winner before the fight was awarded to Johnson. I was just about to do the post-fight interview but then they started dragging me back by my hand.
Persons: ” Dan Hennessey, Nina Hughes, Cherneka Johnson, Vasiliy, George Kambosos Jr, Hughes, Hennessey, Johnson, , ” Nina Hughes, Richard Wainwright, , ” Hennessey, ” Hughes, I’d, I’ve, ’ ”, ‘ What’s Organizations: CNN, Boxing Association, WBA bantamweight, New Zealand, Facebook, Guardian, WBA Locations: Perth, Australia
Market talk : The S & P 500 and Nasdaq jumped to new intraday highs Wednesday, extending the gains from the prior session's late-day rally. In fact, the S & P 500 broke above 5,300 for the first time ever. The one thing we're staying guarded about in this rally is how overbought the stock market has become. You have to go back to last December to find a time when the S & P 500 Short Range Oscillator was this overbought. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .
Persons: Jim Cramer, Dow, Jan, Danaher, prudently, Cramer, we're, Jim Cramer's, Jim Organizations: CNBC, Nasdaq, Bank of America Healthcare, Disney, Cisco Systems, Walmart, Deere, Baidu, Jim Cramer's Charitable Locations: China
CNN —The floating pier that will allow for humanitarian aid to flow into Gaza from the sea is moving from the port of Ashdod toward Gaza, according to a US defense official. Cyprus is the staging point for the humanitarian aid that will be shipped to Gaza through the maritime corridor and the pier. The US was closely watching whether what it called a “limited” Israeli incursion into Rafah in southern Gaza would affect the temporary pier. “I can just tell you it’s a third-party contractor, but that’s it,” deputy Pentagon press secretary Sabrina Singh said at a press briefing. Once the humanitarian aid arrives in Gaza, the UN World Food Program will distribute it to the Palestinian population.
Persons: Pat Ryder, Sabrina Singh, Ryder, ” Ryder Organizations: CNN, Pentagon, UN, Food Locations: Gaza, Ashdod, Cyprus, Rafah
Alphabet's YouTube on Tuesday said it would comply with a court decision and block access inside Hong Kong to 32 video links deemed prohibited content, in what critics say is a blow to freedoms in the financial hub amid a security clampdown. The action follows a government application granted by Hong Kong's Court of Appeal requesting the ban of a protest anthem called "Glory to Hong Kong." In comments criticizing the court order, YouTube said the ruling would raise skepticism around the Hong Kong government's work to foster the digital economy and reclaim its reputation as a predictable place for doing business. "If you start to send platforms 100 or 1,000 links for takedown every day, this will drive platforms crazy and also make global investors more worried about Hong Kong's free market environment. How predictable and how stable the policy environment is matters a lot to foreign investors, and Hong Kong is now at a crossroads to defend its reputation."
Persons: Hong Kongers, We'll, George Chen, Chen, Hong Organizations: YouTube, Hong, Appeal, U.S ., Asia Group, Washington DC, Meta Locations: Hong Kong, Hong Kong's, Washington, Greater China
Shares of former President Donald J. Trump’s social media company have been on a wild ride since making their debut on Wall Street in March: soaring, crashing and then climbing again. The rally has pushed the value of Mr. Trump’s majority stake in the company to some $6 billion, a major windfall as he ramps up his presidential campaign and faces steep legal bills tied to the multiple cases against him. On Wednesday, the share price of Trump Media & Technology Group traded at around $53, approaching where the parent company of Truth Social ended its first day of trading on March 26, at just under $58. Mr. Trump owns nearly two-thirds of the company, but he is not allowed to sell his shares or use them as collateral for a few months. Trump Media’s multibillion-dollar market valuation has put it in the same league as established companies like American Airlines and Hasbro.
Persons: Donald J, Trump Organizations: Trump Media & Technology Group, Truth Social, American Airlines, Hasbro, & $
Netflix and the N.F.L. Sign a Three-Season Deal
  + stars: | 2024-05-15 | by ( Nicole Sperling | ) www.nytimes.com   time to read: +1 min
On Wednesday, the streaming giant announced a three-season deal with the National Football League that will include showing two Christmas Day games on its service this year. It’s the first time Netflix has become partners with a major sports league, and it likely won’t be the last. The move follows Netflix’s increasingly aggressive push into the business of live events. “There are no live annual events, sports or otherwise, that compare with the audiences N.F.L. football attracts.”The streaming business has matured in the United States, and though Netflix is the dominant service, it still needs to keep growing.
Persons: Tom Brady ”, John Mulaney, Katt Williams, Foke ”, , Bela Bejaria Organizations: Netflix, National Football League Locations: Los Angeles, United States, America
The official said that coordination between the two countries on the Rafah operation, which Egypt has publicly opposed, “didn’t go well. The top diplomats in both countries traded blame over the closure of the Rafah crossing as aid deliveries through the key land crossing halted. Rafah had been the entry point for nearly a quarter of the relief entering the Gaza Strip before Israel’s operation. Videos released by the Israeli military last week showed Israeli flags raised on the Palestinian side of the frontier. It is unclear how many troops Israel now has stationed across the border in Rafah.
Persons: “ didn’t, Israel, , ” Israel, Israel Katz, David Cameron, Annalena Baerbock, Sameh Shoukry, Katz, ” Shoukry, Shoukry, Egypt didn’t, Fatah, Abdel Kareem Hana Organizations: CNN, ” CNN, Street, Palestinian, US State Department, Israeli, Foreign, German, AFP, Getty, Israel Locations: Egypt, Israel, Gaza’s, Rafah, Gaza, Cairo
Deep out-of-the-money call options saw an explosion in trading volume just before the return of "Roaring Kitty." AdvertisementThe recent explosion in meme stocks like GameStop and AMC Entertainment looks suspicious, according to one market expert. Aside from the call options, GameStop stock has been gaining since late April, jumping about 60% from April 24 through March 10 despite no fundamental news on the company. "A suspicious person might wonder why 'Roaring Kitty' chose to return to social media today. The SEC filings in BBBY were boilerplate, and the social media post literally had no words.
Persons: Steve Sosnick, , Sosnick, Kitty, Ryan Cohen, Cohen, it's Organizations: GameStop, Interactive, Service, AMC Entertainment, Interactive Brokers, Yahoo Finance, SEC Locations: Bath
Madonna honored her mother, who died from breast cancer at 30, in a Mother's Day Instagram post. "Nobody told me my mother was dying," the singer, 65, wrote in the caption, recounting her childhood. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementMadonna paid tribute to her mother, who died aged 30 after a battle with breast cancer, in an emotional Mother's Day post. On Sunday, the pop star uploaded an Instagram post and recalled what it felt like as a child.
Persons: Madonna, Organizations: Service, Business
CNN —The forceful direct examination of former Trump fixer-turned-star prosecution witness Michael Cohen concluded Tuesday in the Manhattan criminal trial of former President Donald Trump. But the cross was uneven and Cohen, like Stormy Daniels before him, held his own. Whether that will change in the days ahead remains to be seen, but in any event, the cross of Cohen got off to an inauspicious start. ), his anti-Trump podcast (showing bias, but Cohen owned it) and even selling anti-Trump merchandise (showing financial motive, but again failing to get a rise out of Cohen). However, even when Blanche confronted Cohen with his most inflammatory social media comments, such as calling Trump a “dictator douchebag” and a “Cheeto-dusted cartoon villain,” Cohen was utterly unfazed.
Persons: Michael Cohen, Donald Trump, Todd Blanche, Cohen, Stormy Daniels, Trump, Allen, Weisselberg, Daniels, Norm Eisen, Susan Hoffinger, , Hoffinger, , Blanche, ” Cohen, Susan Necheles, Necheles, Judge Juan Merchan, douchebag ”, mercifully, Blanche’s Organizations: CNN, Trump fixer, Trump, Trump Organization, Trump “, Twitter Locations: Manhattan
Mr. Cohen said that, according to Mr. Trump, she recommended calling it “locker-room talk” to explain it away. Mr. Cohen brought many of those moments to life, describing Mr. Trump’s micromanagement and his campaign’s panic after the release of the “Access Hollywood” tape. Mr. Cohen also bolstered testimony by David Pecker, the former National Enquirer publisher, establishing a deal to suppress unflattering stories about Mr. Trump. “Once I received the money back from Mr. Trump, I would deposit it and no one would be the wiser,” Mr. Cohen said. He also held a news conference blasting Democrats, whom he and Mr. Trump blame for the case, and Mr. Cohen.
Persons: Michael D, Cohen, Donald J, Trump’s, , Stormy Daniels, Trump, Daniels, Melania, , Todd Heisler, ” Mr, Karen McDougal, ” Cohen, Mr, Trump’s micromanagement, David Pecker, Keith Davidson, Daniels’s, , , Allen Weisselberg, J.D, Vance of, Vance, Rick Scott of, Ken Paxton, Tommy Tuberville, Michael Cohen, Organizations: ., New York Times, Playboy, National Enquirer, Republican, Prosecutors Locations: Manhattan, Lower Manhattan, Vance of Ohio, Rick Scott of Florida, Texas, Alabama
Read previewOpenAI unveiled its latest ChatGPT tech on Monday, presenting a new voice mode that can show and detect emotion in a sophisticated, conversational style. They also cautioned that most people have been reacting to a tech demo, which can often be highly tailored and might not necessarily reflect the product's true capability. pic.twitter.com/ZncytI234K — Allen T (@Mr_AllenT) May 13, 2024OpenAI also showed potential adopters new use cases, such as translation and teaching services. AdvertisementThe new video camera and voice features do wonders for ChatGPT's potential in roles like customer support, van Rossum added. But it's going to be much more difficult for ChatGPT to take over customer support, teaching, or negotiation, Leong said.
Persons: , Scarlett Johansson, OpenAI, — Allen, Mira Murati, ChatGPT, wpB6sGjA7E, Alex Kantrowitz, Siri, Alexa, Daan van Rossum, van Rossum, Leslie Teo, Teo, Ben Leong, it's, Leong, Simon Lucey, Lucey, We've Organizations: Service, Big, Business, AIs, Companies, Singapore, National University of Singapore, University of Adelaide's Australian Institute for Machine, Microsoft Locations: Big Tech, Singapore
Read previewA restaurant in Las Vegas hosted what parents described as an "extremely disappointing" "Bluey" meet-and-greet event which left kids upset and their parents angry. one person wrote on Facebook. "Bluey is a guy in Bluey pajamas," one person wrote. Some people said they wouldn't return to the restaurant after their experience at the Bluey event. one Facebook user wrote.
Persons: , FOX5 Vegas, Taj Wilder, FOX5, , Instagram, Ludo Studio, Richard Haigh, Willy Wonka Organizations: Service, Facebook, Business, Staff, Sams Club, Costco, Brand Finance, Bloomberg Locations: Las Vegas, Glasgow
Read previewWhether you like it or not, Sam Altman just let you know you're getting an AI best pal. Advertisement"I see you're rocking an OpenAI hoodie, nice choice," ChatGPT told a user in one demo. the AI bot said, before delivering a story about a robot named Bite in dramatic, singing, and robotic voices, depending on the request from the user. This is where AI labs are leading us: to a near future of AI as coworker, friend, and ubiquitous presence," Mollick wrote on Substack. AdvertisementIt's something its rivals will pay close attention to, with the possibility of a new battle emerging between companies trying to release the most human, friendly AI bot they can.
Persons: , Sam Altman, Mira Murati, Altman, Scarlett Johansson, Spike Jonze's, ChatGPT, Barrett —, he'd, Joaquin Phoenix's, Samantha, Ethan Mollick, Mollick, OpenAI, Mustafa Suleyman, Siri Organizations: Service, Business, Wharton University, Microsoft, Apple
“Sounds like something I would say,” responded Cohen, Trump’s former lawyer and fixer. The question set the tone for the cross-examination of the Manhattan district attorney’s key witness in the hush money trial against the former president. For roughly two hours, Blanche began a cross-examination to try to discredit Cohen’s allegations against Trump. Blanche then asked whether Cohen called Trump a “Cheeto-dusted cartoon villain.”“That also sounds like something that I said,” Cohen said. “You were telling the truth, correct?” Blanche asked in regards to the compliments Cohen gave Trump.
Persons: Donald Trump’s, Todd Blanche, Michael Cohen, Blanche, Cohen, Cohen “, , Trump’s, Stormy Daniels, Trump, Daniels, Joshua Steinglass, Juan Merchan, ” Cohen, , Donald Trump, ’ ” Cohen, Trump Blanche, ” Blanche, Blanche . Trump, Robert Mueller’s, Jay Sekulow, , Susan Hoffinger, Florida Sen, Rick Scott, Sen, J.D, Vance of Ohio, Doug Burgum, Mike Johnson, Byron Donalds, Cory Mills, Vivek Ramaswamy, Johnson, Lara Trump, Eric Trump, ” Ramaswamy, ” Trump Organizations: CNN, Trump, Trump . Assistant, Trump –, Federal, Commission, FBI, Trump Organization, North Dakota Gov, Republican National Committee Locations: Manhattan, Russia, United States, New York, Florida, Louisiana
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