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In today's big story, we're looking at how AI could completely upend venture capitalism amid a wider shakeup for the industry . The generative AI boom was a welcome change for a venture industry looking for a new trend to back (and hopefully profit from). Some of the adjustments aren't novel to the VC industry. ACME Capital; Getty Images, Chelsea Jia Feng/BIThe VC industry might be doomed with or without AI. AdvertisementScott Stanford, a cofounder and partner at early-stage VC firm ACME Capital, told BI's Blake Dodge that half of today's VC firms will shutter in the next decade .
Persons: , VCs zentilia, Jenny Chang, Rodriguez, Insider's Ben Bergman, Ben, Long, Scott Stanford, Chelsea Jia Feng, BI's Blake Dodge, Hany Nada, Jared Siskin, Bobby Jain's, Jonathan Barton, Jain, Rebecca Zisser, OpenAI, Apple, Elif, Jeff Bezos, Robert Winnett, Will Lewis, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Annie Smith, Grace Lett, Amanda Yen Organizations: Service, Business, ACME, Getty, ACME Capital, Stanford, BI, Madison, Conservancy, Jain, EV, Ford, European, Regulators, Anadolu Agency, Getty Images, Washington, Harvard, Leagues Locations: today's, Wall, Saudi, Saudi Arabia, Europe, Brazil, Southeast Asia, London, American, Paris, New York, Chicago
Read previewIf King Charles had high hopes for how the world would react to his first official portrait, they might be dashed by now. King Charles and Jonathan Yeo met four times between 2021 and 2023 for the painting. AdvertisementIts red color is particularly evocative, Khan added. Jonathan Yeo was a 'safe choice' for a royal portrait, one critic saidKhan said he's fairly confident that drawing links to the royal family's murky past with colonialism wasn't on Yeo's agenda. AdvertisementKhan, the London-based critic, admitted that he likes at least one element of the royal portrait.
Persons: , King Charles, Jonathan Yeo, AARON CHOWN, Queen Camilla, Yeo, Tabish Khan, Khan, he's, it's, Stanley Kubrick's, wasn't, Jonathan, Charles, There's, Richard Morris, Morris, Henry VIII, Philip Mould, HENRY NICHOLLS Organizations: Service, Business, Getty, Rhode Island School of Design Locations: British, Buckingham, Washington, London
Somewhere between Clubhouse and X (formerly Twitter), Airchat's feed of audio snippets transcribed by the app has sparked conversation. Already, the invite-only app has a channel dedicated to the creator economy titled "Creators" — including industry figures like Eric Wei (CEO of Karat), Lia Haberman (influencer marketing expert), and Brett Dashevsky (host of Creator Economy NYC events). Dashevsky, a self-described "avid Twitter user," said that Airchat is already displacing his average Twitter screen time. It wouldn't come as a surprise to anyone in tech or social media to see Meta double down on Threads' audio tools. But she added that she could see Meta brainstorming ways to promote Threads' audio tools, which could become a concern for Airchat.
Persons: Naval Ravikant, Brian Norgard, Airchat, Washington Post's Taylor Lorenz, George Santos, Eric Wei, Lia Haberman, Brett Dashevsky, Haberman, it's, Diana, Umana, Meghana Dhar, Meta, Dashevsky, I've Organizations: Naval, CPO, Business, Tech, Republican, Apple, Big Tech Locations: VCs, Washington
"Shōgun," created by Rachel Kondo and Justin Marks, takes place at the turn of the 17th century in Japan. Hiroyuki Sanada as Yoshii Toranaga in the series premiere of "Shōgun." The Washington Post's Lili Loofbourow wrote that "Shōgun" will draw comparisons to "Game of Thrones" because it has a "proven combination of gorgeous set pieces, moral ambiguity, cliffhangers (literally, in one case!) According to critics, however, FX's "Shōgun" more effectively shifts the focus to the story's cast of Japanese characters. AdvertisementReviews praised Hiroyuki Sanada's performance as Toranaga YoshiiHiroyuki Sanada as Yoshii Toranaga in "Shōgun."
Persons: , James Clavell's, Rachel Kondo, Justin Marks, John Blackthorne, Yoshii Toranaga, Hiroyuki Sanada, Katie Yu, Alan Sepinwall, Nick Hilton, Lili Loofbourow, Loofbourow, Cosmo Jarvis, Anna Sawai, Time's Judy Berman, Mike Hale, Toda Mariko, IGN's Samantha Nelson, Sanada, Hiroyuki Sanada's, Yoshii Hiroyuki Sanada, Stone's Sepinwall, Today's Kelly Lawler, IGN's Nelson, Toranaga, Critics, IndieWire's Ben Travers, Travers, Rebecca Nicholson, Yuka Kouri, Kurt Iswarienko, Variety's Alison Herman, showrunners Marks, Jonathan van Tulleken, Helen Jarvis, Carlos Rosario Organizations: Service, Hulu, Disney, Taiko, Regents, Business, Thrones, FX, New York Times Locations: United Kingdom, Japan, Kanto, Washington, Osaka, Hulu
A small group of lawyers and media executives gathered in a well-appointed back room to listen to Gabriel Shipton, Assange's half-brother. In the case of Vault 7, WikiLeaks' source turned out to be a disgruntled former C.I.A employee. AdvertisementAdvertisementIn New York, Gabriel Shipton, Assange's half-brother, declined to rule out the possibility of a plea deal. Every time the Australian government raises this issue, the Chinese government puts out a statement about Julian Assange. Senator Peter Whish-Wilson, right, was part of a delegation of Australian officials in the US to press for the release of Julian Assange.
Persons: Julian Assange, Assange, Gabriel Shipton, Tucker Carlson, Tucker, Shipton, he'd, Anthony Albanese, Joe Biden, Monique Ryan, Albanese, Mike Pompeo, Caroline Kennedy, Der Spiegel, El Pais, David Hicks, Julian, John Shipton, Assange's, John, Gabriel, Brett Assange, Peter Whish, Wilson, We've, Robert Carr, Chelsea Manning's, Obama, We're, Cheng Lei, , Chelsea Manning, Manning, What's, Julian Assange's, John MacDougall, , they'd, he's, John Young, Laura Poitras's, Mueller, Robert Mueller's, John Podesta's, Bernie Sanders, John Koeltl, They've, Donald, Trump, we've, James Comey, Hillary Clinton, He's, I'm, Yevgeny Prigozhin's Wagner, I've, Putin, exfiltrate Assange, Julian wasn't, Dana Rohrabacher, Rohrabacher, Jennifer Robinson, Tracey Nearmy, we'd, Marjorie Taylor, Greene, Antony Blinken, Biden, Mattathias Schwartz Organizations: United Nations General Assembly, WikiLeaks, Washington Post, Washington, DOJ, The Washington, Australia's Labor Party, New, Biden, Senate Intelligence, Justice Department, New York Times, Guardian, Chelsea, Pentagon, Getty, Justice, The State Department, Laura Poitras's WikiLeaks, State Department, DNC, Democratic, Committee, Democratic National Convention, of, Russian Federation, Novaya Gazeta, Trump, CIA, The Justice Locations: New York, London, Assange's, Pacific, Ecuadorian, Washington, Russia, Australia, Shipton, Brig, Chelsea, Iraq, Australian, China, American, Moscow, Getty Shipton, … Shipton, Cryptome, There's, Southern, of New York, Russian, Ukrainian, Ukraine, Panama, schwartz79@protonmail.com
A shutdown could risk Social Security payments and SNAP benefits. But with House Republicans in disarray , that seems unlikely to happen before the weekend deadline. But even if the Senate agrees on that measure, House Republicans continue to be at odds. Speaker of the House Kevin McCarthy told Punchbowl News on Tuesday that he wouldn't engage in "hypotheticals" when it comes to a clean Senate funding bill. AdvertisementAdvertisementStill, the Biden administration is continuing to place the blame on House Republicans for bringing the US to the brink of a government shutdown once again.
Persons: , Nancy Altman, Biden, Tom Vilsack, Vilsack, that's, Chuck Schumer, Mitch McConnell, Kevin McCarthy, Jeff Stein, McCarthy, Gofyc437z6 —, I'm Organizations: SNAP, Service, Republicans, Social, Social Security, CNN, Women, Assistance, WIC, USDA, Management, Budget, Punchbowl News, Conservative, Washington, Representatives Locations: America
Elon Musk's control over Starlink is in the spotlight after he thwarted a Ukrainian attack. "If the Ukrainian attacks had succeeded in sinking the Russian fleet, it would have been like a mini Pearl Harbor and led to a major escalation," Musk told Isaacson. (Musk later reassured a Russian ambassador that Ukraine would not be able to use Starlink for offensive operations, according to Isaacson). AdvertisementAdvertisementAs Ukrainian officials see it, sinking Russia's fleet, if that was indeed a possibility, would have prevented hundreds of missiles from raining down on the country's infrastructure, and spared civilian lives. Even if it wanted to change Musk's mind, it is not clear that it can actually compel him to do anything when it comes to Ukrainian attacks on territory controlled by Russia.
Persons: Elon, Musk, , Walter Isaacson, Isaacson, Starlink, Biden, Pettyjohn, it's, Paul Hennessy, David Frum, George W, Bush, Nicholas Grossman, Grossman, Joe Biden, Josh Marshall, cdavis@insider.com Organizations: Service, SpaceX, Fleet, Russian, Pentagon, Ukraine, Center, New, New American Security, Defense Department, Falcon, Getty, University of Illinois, Daily, Washington, Twitter Locations: Wall, Silicon, Sevastopol, Crimea, Ukraine, Crimean, Russian, Sevastopol —, United States, New American, Washington, Ukrainian, Russia
Prosecutors want to know how intoxicated Rudy Giuliani was during and after the 2020 election. They also want to know if Trump knew that Giuliani was drunk when he was advising the former president. An aide testified that Giuliani was "intoxicated" on Election Night 2020 but Giuliani said he was only drinking Diet Coke. Investigators have also asked witnesses if Trump gossiped about Giuliani's drinking, and if the former president ever said Giuliani's drinking habits affected his judgment. One Trump aide, Jason Miller, previously said Giuliani was drunk at the White House's 2020 election night party.
Persons: Rudy Giuliani, Trump, Giuliani, Coke, Jack Smith, Donald Trump, Jason Miller, Miller, Donald J, Carol Leonnig, Philip Rucker, Michael Wolff Organizations: Service, Washington, Department, Trump Locations: Wall, Silicon, York, Georgia
Critics have pointed to drag shows and the use of critical race theory, both of which Milley said are overstated. Milley, the nation's highest-ranking military officer, said he supported Defense Secretary Lloyd Austin's decision to ban drag shows at military bases after some Republican lawmakers sparked an outcry. Rep. Matt Gaetz, a Florida Republican, who criticized the drag shows, called the Pentagon's new policy a "HUGE VICTORY." Critics have also taken aim at critical race theory, an academic theory that looks at America's history of racism and discrimination through a modern lens. Already, three military services are without a Senate-confirmed leader, the first time that's happened in the nation's history.
Persons: Mark Milley, Milley, Lloyd Austin's, Austin, Matt Gaetz, Critics, Donald Trump, Republican Sen, Tommy Tuberville, C.Q, Brown Jr Organizations: Washington Post, Service, Joint Chiefs of Staff, Washington Post's, Nellis Air Force Base, Ramstein Air Base, Florida Republican, Republicans, Department of Defense, Republican, Air Force Locations: Wall, Silicon, Nevada, Germany, Florida
Low-income parents and babies are eligible to receive the benefit, which subsidizes food and care. If the GOP bill were passed, millions would see a benefit cut, especially to fruit and vegetable budgets. In total, according to CBPP's analysis, the $6 billion the GOP bill allocates to WIC would lead to 5.3 million children and pregnant, postpartum, or breastfeeding parents seeing their food assistance cut, or completely gone. Per the USDA, 6,260,000 people participated in WIC in fiscal year 2022; as of April 2023, there were over 6.6 million Americans participating, including nearly 1.5 million infants and 3.6 million children. The proposed cuts to WIC come after an already-precarious time for low-income Americans receiving food subsidies.
Persons: Catherine Rampell, Tonyia Canales, Canales Organizations: GOP, Service, Women, Budget, WIC, Budget Management, OMB, Washington, Congress Locations: Wall, Silicon, Texas
Jeff Bezos is playing an increasingly active role in operations at The Post, The New York Times says. Bezos has sought to make The Post an international force and has encouraged digital experimentation. Patty Stonesifer, the interim chief executive for The Post, told The Times that Bezos was thrilled with "every dollar invested" in the company. Bezos encouraged digital experimentation when he first bought the newspaper, angling to make The Post into an international powerhouse. After Bezos' initial purchase of The Post, his influence was less visible in the newsroom, according to two individuals who spoke with The Times.
Persons: Jeff Bezos, Bezos, Trump, Patty Stonesifer, Stonesifer, Graham, cratered, Sally Buzbee —, Marty Baron —, Fred Ryan —, , Sally Quinn, Ben Bradlee, haven't Organizations: The New York Times, Amazon, The Washington Post, Post, The Times, Times, The, Washington Post
The New York Democrat worried the president's "regressiv[e]" approach to cannabis could carry over. "And if there's a regressiveness toward cannabis policy, it's likely to be worse on anything else." The New York Democrat is trying to remove federal limits on scientific research for psychedelics that have blocked further study of the drugs. While the White House did not comment on the record to Terris, he recounted the president's mixed approach to cannabis policy. The New York Democrat said when she first introduced her legislation in 2019, an unnamed senior member of her party laughed at her.
Persons: Alexandria Ocasio, Cortez, Biden, , she's, Joe Biden, Ben Terris, there's, he's, Dan Crenshaw, Terris, Crenshaw Organizations: New, New York Democrat, Service, Privacy, Democratic Rep, Cortez of New York, Texas Republican, Veterans Administration Locations: Alexandria, New York, Cortez of New, Washington, Las Vegas, Texas, psychedelics
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailReport finds Tesla's autopilot connected to more crashes and fatalities than previously reportedFaiz Siddiqui, Washington Post Reporter, joins 'Last Call' to break down the Washington Post's report that Tesla's driver-assistance software is connected to 736 crashes and 17 fatalities, more than previously reported.
Persons: Faiz Siddiqui Organizations: Washington Post, Washington
This week, CNN CEO Chris Licht was fired after a scathing profile was published in the Atlantic. In the profile, Licht details his own thoughts about how diversity should be defined in the media industry. In Alberta's profile, Licht claimed to be operating under his own idea of "diversity," one that does not include "virtue signaling." "I think 'Defund the police' would've been covered differently if newsrooms were filled with people who had lived in public housing," Licht continued. The diversity Licht did seem to value was geographic diversity, which can be a coded way of saying "not from the liberal coasts."
Persons: Chris Licht, Licht, MAGA, Stephen Gutowski, Trump, Tim Alberta, Jean Carroll, Kevin McCarthy, Rick Scott, Jim Acosta's, Brian Stelter's, Warner, David Zaslav, Franklin Leonard, Washington Post's Perry Bacon Jr, John Miller, Miller, Lehman, Tara Narula, Don Lemon, Reagan, Lisa Ling, Kamau Bell, New York Mondaire Jones, Jones, Kaitlin Collins, Lemon, Poppy Harlow, Collins, Laura Coates Organizations: CNN, NRA, Atlantic, Warner Bros, Discovery, Republicans, Harvard, Insider, NYPD, Stanford, Catholic, LSU, Republican, White House, Daily, White Locations: Alberta, Washington, New York City, Baton Rouge , Louisiana, Birmingham , Alabama, Mobile , Alabama, New York, Alabama, Asia
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAt the end of the day 'this is a war', says fmr. McFaul on Ukraine-U.S. Nord Stream reportMichael McFaul, fmr. Ambassador to Russia, joins 'Last Call' to discuss the Washington Post's latest report that the U.S. knew about Ukraine's plan to attach the Nord Stream pipeline for months.
Persons: Michael McFaul Locations: McFaul, Ukraine, fmr ., Russia, Washington
There's no reason to think the Discord leak has damaged US national security, Daniel Ellsberg said. "Top secret is like toilet paper" at the Pentagon, said Ellsberg, who leaked the Pentagon Papers. Ellsberg told The Washington Post that the US government tends to keep a "mystique of secrecy." "At the Pentagon, top secret is like toilet paper, it's nothing," the former military analyst told the outlet. Like Teixeira, Ellsberg was charged by the US government in January 1973 for revealing classified information.
Florida Gov. "DeSanctus is being absolutely destroyed by Disney," Trump wrote earlier this week. "DeSanctus is being absolutely destroyed by Disney," Trump crowed on his social media platform Truth earlier this week. The Florida governor wanted to burnish his national image by torching Disney. And by gobbling up intellectual property and broadcasting rights, Disney continues to be virtually inescapable.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailConsumers don't know where A.I. chatbots get their data from, says Washington Post's Nitasha TikuNitasha Tiku, Washington Post tech culture reporter, and CNBC's Steve Kovach join 'Power Lunch' to discuss the rapid trajectory of artificial intelligence and more.
His father Fred Trump was also arrested: Once in 1927 and again in 1976, per archived news reports. 1927 arrest: Ku Klux Klan riot, New York CityFred Trump was arrested in 1927 during a Ku Klux Klan riot in Queens on Memorial Day, per The New York Times. "Fred Trump of 175-24 Devonshire Road, Jamaica, was discharged," is all The Times mentioned of his name. Officials arrested Fred Trump just after he flew into Prince George's County from New York in September that year, The Post reported. Fred Trump was eventually released on a $1,000 bond and was free to return to New York, The Post reported.
[1/2] Reporter for U.S. newspaper The Wall Street Journal Evan Gershkovich appears in an undated handout image taken in an unknown location. The Wall Street Journal/Handout via REUTERSSummary Gershkovich has been reporting on Russia for six yearsFluent Russian speaker joined Wall Street Journal in early 2022His reports examined fallout of Russia's Ukraine campaignDetained for alleged espionage on trip to YekaterinburgMarch 30 (Reuters) - Evan Gershkovich, a correspondent for the Wall Street Journal arrested in Russia on espionage charges, is a 31-year-old American who has reported on Russia for various outlets for six years. "He is a brave, committed, professional journalist who traveled to Russia to report on stories of import and interest." Russia announced the start of its "special military operation" in February 2022, just as Gershkovich was in London, about to return to Russia to join the Journal's Moscow bureau. "Evan Gershkovich is a highly respected, excellent journalist, detained by Russia for doing his job," the Washington Post's Moscow bureau chief Robyn Dixon said.
A recent survey suggests Republicans are more likely to take a cruise right now than Democrats. In a December 2022 survey of 1000 US adults, 35% of Republican respondents said they were "very comfortable" going on a cruise today, a level of enthusiasm shared by only 12% of Democrats. On the flip side, 40% of Democrat respondents said they were "very uncomfortable" going on a cruise ship, nearly double that of Republican respondents. Taking a cruise vacation wasn't always politically polarized — 16% of Democrat respondents said they had gone on a cruise prior to the COVID-19 pandemic, just a few percentage points less than Republican respondents. With this month marking three years since the onset of the pandemic, industry executives claim cruise demand has officially returned to 2019 levels.
Sicily is offering discounted airfare and hotel stays, and Finland is giving away 10 free trips. Taiwan said it will pay international visitors $165 and Hong Kong is giving out 500,000 free flights. Sicily, Finland, Hong Kong, and Taiwan are giving away free flights, hotel stays, excursions, and even straight cash. Hong KongThe central district of Hong Kong. Starting March 1, the tickets will be distributed by airlines Hong Kong Express, Cathay Pacific, and Hong Kong Airlines, Time Out reported.
In the past, Elon Musk has spoken out against LiDAR, another type of self-driving sensor. Before 2021, the electric-car maker used radar sensors in addition to cameras to help the vehicles identify obstacles. Workers at Tesla train the cars to identify and respond to different obstacles by labeling footage that is taken by the car's cameras. Other self-driving sensors like LiDAR technology are popular with Tesla's self-driving rivals. In the past, Musk has said LiDAR is "doomed" and too costly.
Tucker Carlson's January 6 footage has been brought up in a January 6 seditious conspiracy trial. Lawyers representing a Proud Boys member asked a federal judge to dismiss his case. He and the co-defendants — Proud Boys Enrique Tarrio, Ethan Nordean, Joseph Biggs and Zachary Rehl — have pleaded not guilty. The lawyers cited the Washington Post's reporting that Albert Watkins, Chansley's lawyer, never saw that footage during his client's case. It's not the first time the Proud Boys members have asked for their case to be dismissed.
Mike Pompeo made veiled jabs at his former boss Donald Trump during his CPAC speech. He appeared to be referencing Trump's big personality and refusal to accept his 2020 election loss. "We can't become the left, following celebrity leaders with their own brand of identity politics — those with fragile egos who refuse to acknowledge reality," Pompeo said. While not naming Trump directly, Pompeo appeared to be referencing Trump's big personality and continued refusal to accept his 2020 election loss. However, following the Capitol riot on January 6, 2021, Pompeo distanced himself from the claims and called the attack "unacceptable."
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