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The Crypto Comeback
  + stars: | 2024-05-21 | by ( Sabrina Tavernise | David Yaffe-Bellany | Will Reid | ) www.nytimes.com   time to read: 1 min
This month, customers of FTX — Sam Bankman-Fried’s cryptocurrency exchange, which collapsed in 2022 — were told that they would get their money back, with interest. David Yaffe-Bellany, our technology reporter, explains what was behind this change in fortune and what it says about the improbable resurgence of crypto.
Persons: Sam Bankman, , David Yaffe
This episode contains explicit language. Over recent months, protests over the war in Gaza have rocked college campuses across the United States. As students graduate and go home for the summer, three joined “The Daily” to discuss why they got involved, what they wanted to say and how they ended up facing off against each other. On today’s episode
Locations: Gaza, United States
Nvidia's CEO Jensen Huang knows he's a tough boss and has no regrets about it. In a recent interview with "60 Minutes," employees at the company's Santa Clara headquarters told correspondent Bill Whitaker that the entrepreneur is "demanding," a "perfectionist," and "not easy to work for." Huang, who co-founded the chipmaker in 1993 which is now worth over $2 trillion, said this described him "perfectly." "He is to some degree cutthroat," Wladislaw Rivkin, associate professor of organizational behavior at Trinity Business School, told CNBC Make It. Many smaller companies have gone bankrupt but Nvidia "survived," Rivkin noted.
Persons: Jensen Huang, Santa Clara, Bill Whitaker, Huang, Whitaker, Wladislaw Rivkin, Rivkin, Sankalp Chaturvedi, Chaturvedi Organizations: CNBC, Trinity Business School, Nvidia, Imperial College Business School . Workers Locations: Santa, Silicon Valley
Listen and follow The DailyApple Podcasts | Spotify | Amazon MusicColumbia University has become the epicenter of a growing showdown between student protesters, college administrators and Congress over the war in Gaza and the limits of free speech. Nicholas Fandos, who covers New York politics and government for The Times, walks us through the intense week at the university. And Isabella Ramírez, the editor in chief of Columbia’s undergraduate newspaper, explains what it has all looked like to a student on campus.
Persons: Nicholas Fandos, Isabella Ramírez Organizations: Spotify, Amazon Music Columbia University, The Times Locations: Gaza, New York
Listen and follow The DailyApple Podcasts | Spotify | Amazon MusicThe prosecution and the defense both opened their cases on Monday in the first criminal trial of Donald Trump. Jonah Bromwich, who watched from inside the courtroom, walks us through the arguments.
Persons: Donald Trump, Jonah Bromwich Organizations: Spotify
Listen and follow The DailyApple Podcasts | Spotify | Amazon MusicWarning: this episode contains descriptions of violence. A massive scam targeting older Americans who own timeshare properties has resulted in hundreds of millions of dollars sent to Mexico. Maria Abi-Habib, an investigative correspondent for The Times, tells the story of a victim who lost everything, and of the criminal group making the scam calls — Jalisco New Generation, one of Mexico’s most violent cartels.
Persons: Maria Abi, Habib Organizations: Spotify, The Times Locations: Mexico, Jalisco
And when Russia invades Ukraine, he immediately decided it was time for World Central Kitchen to step into a war zone. michael barbaroAfter the break, my colleague Adam Rasgon on what happened to the World Central Kitchen workers in that caravan. So Adam, what ends up happening to this convoy that our colleague Kim Severson just described from World Central Kitchen? adam rasgonSo what we know is that members of the World Central Kitchen had been at a warehouse in Deir al-Balah in the Central Gaza Strip. michael barbaroAnd so what is the reaction from not just World Central Kitchen, but from the rest of the world to this airstrike?
Persons: michael barbaro, ” I’m Michael Barbaro, Kim Severson, Adam Rasgon, Kim, kim, José Andrés, you’re, kim severson, tapas, He’s, severson, he’s, kim severson He’s, Hurricane Sandy, Hurricane Harvey, Maria, Hurricane Maria, José, he’d, Goya, couldn’t, Nobody, there’s, they’ve, — michael barbaro, Chef Olivier, We’re, we’ve, Michael Jordan, Adam, adam rasgon, Al Rashid, Israel, adam rasgon There’s, adam rasgon President Biden, , David Cameron —, david cameron, adam rasgon —, benjamin netanyahu, adam rasgon — Benjamin Netanyahu, Herzi Halevi, WCK, rasgon, that’s, michael barbaro Adam, it’s Organizations: The New York Times, Hurricane, Army, Federal Emergency Management Agency, FEMA, National Guard, Kitchen, Central, Central Kitchen, Gaza, UN, Red Crescent, White, British, IDF, Jerusalem Bureau Locations: Gaza, Haiti, Spanish, America, Washington ,, New York, DC, Miami, Hurricane, Houston, Puerto Rico, José, Russia, Ukraine, Poland, Lviv, Israel, North Gaza, Great Britain, Asia, Central America, Deir al, Rafah, Palestine, Jerusalem, Cyprus
Listen and follow The DailyApple Podcasts | Spotify | Amazon MusicOver the past week, Donald J. Trump has burned down and rebuilt the Republican National Committee, gutting the leadership and much of the staff. Shane Goldmacher, a national political correspondent for The Times, explains why the former president is trying to reinvent such a crucial piece of campaign apparatus so close to an election.
Persons: Donald J, Trump, Shane Goldmacher Organizations: Spotify, Republican National Committee, The Times
Listen and follow The DailyApple Podcasts | Spotify | Amazon MusicIn the past few weeks, activists in Michigan have begun calling voters in the state, asking them to protest President Biden’s support for the Israeli military campaign in Gaza by not voting for him in the Democratic primary. The activists are attempting to turn their anger over Gaza into a political force, one that could be decisive in a critical swing state where winning in November is likely to be a matter of the slimmest of margins. Jennifer Medina, a political reporter for The Times, explains how the war in Gaza is changing politics in Michigan.
Persons: Biden’s, Jennifer Medina Organizations: Spotify, Democratic, The Times Locations: Michigan, Gaza
Listen and follow The DailyApple Podcasts | Spotify | Amazon MusicA Times investigation has found that dentists and lactation consultants around the country are pushing “tongue-tie releases” on new mothers struggling to breastfeed, generating huge profits while often harming patients. Katie Thomas, an investigative health care reporter at The Times, discusses the forces driving this emerging trend in American health care and the story of one family in the middle of it.
Persons: Katie Thomas Organizations: Spotify, Times, The Times
Social media posts by Maldivian officials may cost the country millions in tourism revenue, as calls by Indian travelers to boycott the island nation intensify. Travel bookings to the Maldives tumbled following a diplomatic row that erupted last week after a series of posts appeared on X, formerly known as Twitter, on India Prime Minister Narendra Modi's account. Amid reports that thousands of Indian travelers have canceled trips to the Maldives, one prominent Indian travel booking website, EaseMyTrip, announced it is suspending flight bookings from India to the Maldives. The Maldives, located some 340 miles to the south, is the preferred playground for India, however. In 2023, more than one in 10 arrivals were from India, making it the country's largest source market, followed by Russia and China, according to Maldives tourism statistics.
Persons: Ankit Chaturvedi, Narendra Modi's, EaseMyTrip, Organizations: CNBC Travel, India, India Express Locations: India, Maldives, Lakshadweep, Andaman, Sri Lanka, Russia, China
The Bad Vibes Around a Good Economy
  + stars: | 2023-11-30 | by ( Sabrina Tavernise | Shannon Lin | Mary Wilson | ) www.nytimes.com   time to read: 1 min
Listen and follow The DailyApple Podcasts | Spotify | Amazon MusicThe American economy, by many measures, is doing better than it has done in years. But for many Americans, that is not how it feels. Their feelings point to an enduring mystery: Why do Americans feel so bad when the economy is so good? Jeanna Smialek, who covers the Federal Reserve and the U.S. economy for The Times, discusses a new way to understand the disconnect.
Persons: Smialek Organizations: Spotify, Federal Reserve, The Times Locations: U.S
REUTERS/Rula Rouhana Acquire Licensing RightsMUMBAI, Nov 28 (Reuters) - Advocates for the energy transition are concerned ahead of the COP28 summit in Dubai about the high cost of capital available to make change happen, as policymakers ratchet up their rhetoric on the need for tight monetary policy. COP28 is widely expected to focus on climate finance, specifically to build on the G20 nations' commitment to triple renewables deployment to about 11,000 gigawatts by 2030, which will need funds of around $4.5 trillion. Climate finance is going to be the "Achilles' heel" of COP28, said Vaibhav Chaturvedi, fellow at the Council on Energy, Environment and Water (CEEW). Linda-Eling Lee, head of the MSCI Sustainability Institute, said companies and investors cannot be expected to commit long-term capital to the energy transition if policymakers change track suddenly. Agreements on greater transparency in disclosures, along with innovations in finance, will help mobilise more private sector funds, Lee said.
Persons: Rula, Gauri Singh, IRENA, Vaibhav Chaturvedi, Chaturvedi, Linda, Eling Lee, Lee, Divya Chowdhury, Jan Harvey Organizations: Abu Dhabi Sustainability, REUTERS, Rights, International Renewable Energy Agency, Reuters Global Markets, Council, Energy, Bridgetown Initiative, World Bank, Bank, MSCI Sustainability Institute, Finance, Thomson Locations: UAE, Abu Dhabi, Rights MUMBAI, Dubai, Barbados, Bridgetown, Mumbai
[1/6] Ola electric scooters are seen outside the Ola Electric Service Centre, in Thane on the outskirts of Mumbai, India, October 25, 2023. Aggarwal's Ola Electric, which he likens to Tesla in the West, is zipping towards a stock-market listing after going from zero to 338,000 e-scooter sales in about two years. But he acknowledged service capacity issues and said Ola was "aggressively" bolstering its service network by adding 100 new centres and hiring more technicians. 'TESLA FOR WEST, OLA FOR REST'Aggarwal often declares, "Tesla is for the West, Ola for the rest", and he's a man in a hurry. "Electric vehicles are new to people so they aren't aware of how to ride the vehicle to maximise optimal output," he said.
Persons: Francis Mascarenhas, it's, Elon Musk, Aggarwal's Ola, Tesla, Ola, Devendra Ghuge, Aggarwal, Ola EVs, Ravi Bhatia, Bhatia, Japan's SoftBank, Ronald Radhakrishnan, Koradia, Riddhima Talwani, Aditi Shah, Rishika Sadam, Sriram, Arpan Chaturvedi, Anushree, Pandya, Francis Mascerehnas, Varun Vyas, Munsif, Jatindra, Saurabh Sharma, Sumit Khanna, Jose Devasia, Aditya Kalra Organizations: Ola Electric Service Centre, REUTERS, Staff, Reuters, JATO Dynamics, WEST, OLA, West, Singapore's Temasek, Industry, Hero Electric, TVS, EV, Ola, Fayaz Bukhari, Thomson Locations: Thane, Mumbai, India, THANE, HYDERABAD, DELHI, MUMBAI, Chennai, Bengaluru, India's, U.S, China, Kochi, New Delhi, Bhubaneswar, Lucknow, Ahmedabad, Jose, Srinagar
[1/5] Heavy machinery is used amid rescue operations after workers got trapped in a collapse of an under-construction tunnel, in Uttarkashi, in the northern state of Uttarakhand, India, November 26, 2023. REUTERS/Francis Mascarenhas Acquire Licensing RightsSILKYARA, India, Nov 26 (Reuters) - Indian rescuers began drilling vertically on Sunday from the top of a mountain under which 41 workers became trapped two weeks ago while working on a highway tunnel in the Himalayas, government officials said. The men, construction workers from some of India's poorest states, have been stuck in the 4.5-km (3-mile) tunnel being built in Uttarakhand state since it caved in early on Nov. 12. But rescuing them will take much longer than previously hoped as rescuers have switched to manual drilling following damage to the drilling machine, officials said on Saturday. Initially, the rescue plan involved pushing a pipe wide enough to pull the trapped men out on wheeled stretchers.
Persons: Francis Mascarenhas, Deepak Patil, Priyanka Chaturvedi, Mayank Bhardwaj, Nick Macfie Organizations: REUTERS, Authorities, Rescuers, Reuters, Sunday, Thomson Locations: Uttarkashi, Uttarakhand, India
Listen and follow The DailyApple Podcasts | Spotify | Amazon MusicAs the war against Hamas enters a seventh week, Israel finds itself under intense pressure to justify its actions in Gaza, including the raid of Al-Shifa Hospital, which it says is a center of Hamas activity. Hamas and hospital officials deny the accusation. Patrick Kingsley, the Jerusalem bureau chief for The Times, was one of the reporters invited by the Israeli military on an escorted trip into the enclave.
Persons: Patrick Kingsley Organizations: Spotify, Hamas, Shifa, The Times Locations: Israel, Gaza, Al, Jerusalem
Adani has denied wrongdoing, saying that Indian authorities assessed its coal shipments before releasing them from ports. India's Supreme Court is also overseeing the market regulator's probe of Hindenburg's allegations. If India's Supreme Court allows the agency's latest request, it would then need to seek an order from Singapore's Court of Appeal to release the material. The Singapore court declined requests from Reuters last month to inspect related case documents, saying in written responses that the files were sealed. The stance adopted by Adani's companies in Singapore "created impediments" and the investigation "remains stalled", the revenue agency told India's Supreme Court in 2021 filings.
Persons: Adani, Hindenburg, Gautam Adani, Narendra Modi's, Modi, Lucien Wong, Adani's, Arpan Chaturvedi, Aditya Kalra, Sudarshan Varadhan, David Crawshaw Organizations: Adani Group, Revenue Intelligence, Adani, Adani Enterprises, Reuters, India's, Ministry of Finance, Ministry of Home Affairs, Hindenburg Research, Investigators, Singapore Attorney, Thomson Locations: India, DELHI, Singapore, Adani, Gujarat, Indonesia, SINGAPORE, Singapore's, Mumbai, New Delhi
Hamas’s Bloody Arithmetic
  + stars: | 2023-11-14 | by ( Michael Barbaro | Mary Wilson | Asthaa Chaturvedi | ) www.nytimes.com   time to read: 1 min
Listen and follow The DailyApple Podcasts | Spotify | Amazon MusicTo much of the outside world, Hamas’s decision to murder hundreds of Israelis and trigger a war that has since killed many thousands of its own people looks like a historic miscalculation — one that could soon result in the destruction of Hamas itself. Hamas’s leaders, however, say that it was the result of a deliberate calculation. Ben Hubbard, the Istanbul bureau chief for The New York Times, has been reporting on their decision, and what went into it.
Persons: Ben Hubbard Organizations: Spotify, The New York Times Locations: Istanbul
Listen and follow The DailyApple Podcasts | Spotify | Amazon MusicIt’s been one month since the attack on Israel, but Washington has yet to deliver an aid package to its closest ally. The reason has to do with a different ally, in a different war: Speaker Mike Johnson has opposed continued funding for Ukraine, and wants the issue separated from aid to Israel, setting up a clash between the House and Senate. Catie Edmondson, who covers Congress for The Times, discusses the battle within the Republican Party over whether to keep funding Ukraine.
Persons: It’s, Mike Johnson, Catie Edmondson Organizations: Spotify, Ukraine, Senate, The Times, Republican Party Locations: Israel, Washington, Ukraine
Listen and follow The DailyApple Podcasts | Spotify | Amazon MusicIn a major new campaign poll from The New York Times and Siena College, former President Donald J. Trump leads President Biden in five of the six battleground states likeliest to decide the 2024 presidential race. Widespread discontent with the state of the country and growing doubts about Biden’s ability to perform his job as president threaten to unravel the diverse coalition that elected him in 2020. Nate Cohn, The Times’s chief political analyst, explains why the results are less a reflection of Trump’s growing strength than they are of Biden’s growing weaknesses.
Persons: Donald J, Trump, Biden, Nate Cohn Organizations: Spotify, The New York Times, Siena College
Listen and follow The DailyApple Podcasts | Spotify | Amazon MusicAlmost immediately after Israel was attacked on Oct. 7, it began preparing for a ground invasion of Gaza, drafting hundreds of thousands of its citizens and amassing forces along its southern border. But more than two weeks later, that invasion has yet to happen. Patrick Kingsley, the Jerusalem bureau chief for The Times, explains why.
Persons: Patrick Kingsley Organizations: Spotify, The Times Locations: Israel, Gaza, Jerusalem
India's top court declines to legalise same-sex marriage
  + stars: | 2023-10-17 | by ( ) www.reuters.com   time to read: +1 min
[1/3] A writer and member of the lesbian, gay, bisexual and transgender community (LGBT community) holds the pride flag while waiting to hear the judgement on same-sex marriage by the Supreme Court in New Delhi, India, October 17, 2023. REUTERS/Anushree Fadnavis Acquire Licensing RightsNEW DELHI, Oct 17 (Reuters) - India's top court on Tuesday said it cannot legalise same-sex marriages, with the chief justice of the country saying making such a law is the domain of parliament. Chandrachud said there was a degree of "agreement and disagreement on how far we have to go" on same-sex marriages as he began reading his order. Two of the other four judges agreed with Chandrachud on the court not legalising same-sex marriages, making it a majority. The court ruling comes five years after a historic 2018 judgement when the Supreme Court scrapped a colonial-era ban on gay sex.
Persons: Anushree, Chandrachud, Narendra Modi's, Arpan Chaturvedi, Shilpa Jamkhandikar Organizations: REUTERS, Supreme, Rajesh, Thomson Locations: New Delhi, India, DELHI, Taiwan, Nepal, Asia
India awaits top court verdict on same-sex marriages
  + stars: | 2023-10-16 | by ( ) www.reuters.com   time to read: +2 min
REUTERS/Francis Mascarenhas/File Photo Acquire Licensing RightsNEW DELHI, Oct 16 (Reuters) - India's top court will deliver a verdict on Tuesday on granting legal recognition to same-sex marriages, a ruling that has the potential to spark momentous changes in the world's most populous country. The case is seen as a milestone event for LGBTQ rights in India, following a historic 2018 judgement by the Supreme Court that scrapped a colonial-era ban on gay sex. A five-judge bench of the Supreme Court headed by the Chief Justice of India heard arguments in the case between April and May and reserved its order on May 11. The Supreme Court website showed late on Monday that the verdict is due to be pronounced on Tuesday. Members of India's lesbian, gay, bisexual, transgender, and queer community (LGBTQ) say they face discrimination despite the 2018 judgement, and that the absence of legal backing for same-sex marriages violates their constitutional rights.
Persons: Francis Mascarenhas, Shivam Patel, Arpan Chaturvedi, Bill Berkrot Organizations: Queer Azadi, REUTERS, Thomson Locations: Mumbai, India, DELHI, Taiwan, Nepal, Asia
SummaryCompanies China's Vivo faces growing trouble as executive arrestedIndian agency's court filing accuses company of visa violationsChinese nationals went to "sensitive" border areas, agency saysVivo, India's No. "Many employees of Vivo group companies worked in India without appropriate visas," the agency said in the filing. "They have concealed information regarding their employer in their visa applications and cheated the Indian embassy or missions in China." China's foreign ministry, which said this week it was closely following the case, did not respond to a Reuters request for comment. In their decades-old border dispute, both India and China claim large tracts of land controlled by the other in the western Himalayas.
Persons: Guangwen Kuang, Arpan Chaturvedi, Aditya Kalra, Brenda Goh, David Kirton, Krishn Kaushik, Clarence Fernandez Organizations: Indian, Vivo, Krishn, Thomson Locations: DELHI, Jammu, Kashmir, Beijing, New Delhi, India, Ladakh, Vivo, China, Shanghai, Shenzhen
A man walks past a logo of Xiaomi, a Chinese manufacturer of consumer electronics, outside a shop in Mumbai, India, May 11, 2022. A Xiaomi India spokesperson strongly denied the accusation. A spokesperson from Vivo did not respond immediately to repeated requests for comment, nor did the NewsClick news portal, which has denied all wrongdoing in the past. “It is further learnt that big Chinese Telecom companies like Xiaomi, Vivo, etc. NewsClick said this week it does not publish any news or information at the behest of any Chinese entity or authority.
Persons: Francis Mascarenhas, Prabir Purkayastha, NewsClick's Purkayastha, Xiaomi, NewsClick, Munsif, YP Rajesh, Andrew Heavens Organizations: REUTERS, Xiaomi, Vivo Mobile, Vivo, Media, Chinese Telecom, YP, Thomson Locations: Mumbai, India, DELHI, NewsClick, NewsClick's, Delhi, China, Court, New Delhi, Bengaluru
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