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☆ The Sticking Points That Kept Russia and Ukraine Apart
▼ + stars: | 2024-06-15 | by ( Anton Troianovski | Michael Schwirtz | ) www.nytimes.com time to read: +8 min

The Sticking Points That Kept Russia and Ukraine ApartRussia and Ukraine failed to agree on a range of critical issues when they held peace talks in the spring of 2022. Russia’s Position Russia demanded that Ukraine never join NATO or other alliances; host foreign military bases or weapons; or conduct military exercises with other countries without its consent. Russia’s Position Russia agreed to much of Ukraine’s security guarantees proposal but with key exceptions. Russia’s Position Russia’s stance has also fluctuated. Russia’s Position But Russia’s definition of “denazification” shifted quickly after its initial invasion failed.

Persons: Vladimir V, Putin, —, Volodymyr Zelensky, Russia’s, ” Organizations: The New York Times, NATO, European Union, Ukraine’s, Crimea ”, Ukraine, Mr, Russia’s, ” International, United Nations Locations: Russia, Ukraine, United States, France, China, guarantors, Belarus, Turkey, Territory, Crimea, Moscow, Ukrainian, Russian

☆ ‘Just too burnt out’: Child care crisis crunches providers
▼ + stars: | 2024-06-15 | by ( Meena Duerson | Tami Luhby | ) edition.cnn.com time to read: +7 min

Nationwide, the average yearly cost of care rose to $11,582 per child last year, according to Child Care Aware of America’s latest annual report. The basic costs of employing enough staff to comply with legal and safety requirements in child care centers are already high. The typical hourly wage for a child care worker in Wisconsin is $13.78, according to the US Bureau of Labor Statistics. Facing a “child care cliff”The historic $24 billion federal investment helped more than 225,000 providers nationwide — or more than 8 in 10 licensed child care centers — and affected as many as 10 million children. My First Adventure Child Care and Preschool serves 60 families but will close this summer.

Persons: Susan Elandt, ” Elandt, I’m, “ It’s, “, Elandt, what’s, ”, Lydia Higgins, Higgins, ” Higgins, she’s Organizations: CNN, Nationwide, of Columbia, US Bureau of Labor Statistics, The Century Foundation Locations: Waupaca , Wisconsin, Wisconsin, Waupaca

☆ New college graduates are stepping into a tougher job market. It could set their earnings back for years.
▼ + stars: | 2024-06-15 | by ( Jacob Zinkula | Andy Kiersz | ) www.businessinsider.com time to read: +9 min

New college graduates are having a harder time finding work, and as a result, some of them could see their careers and earnings take a hit for years. Meaning that recent college graduates have been more likely to be unemployed than the broader population. This new normal has worked out OK for some Americans, but it's been particularly tough on new college graduates. While the tough job market could temporarily hurt some young graduates' earnings, there's reason to be optimistic that their finances could eventually recover. But if the job market continues to prove frustrating, some of them may begin to wonder.

Persons: Lohanny Santos couldn't, Zer, Santos isn't, overqualified, millennials, Gen Zers aren't, Julia Pollak, ZipRecruiter, it's, — aren't, they'd, —, grads —, Goldman Sachs, Elise Peng, Louis, who's Organizations: Service, Business, New York Fed, NY Fed, Meta, Rice University's, Bloomberg, LinkedIn, National Association of Colleges, Glass Institute, Strada Education Foundation, Federal, Louis Fed

☆ Welcome to the age of geriatric millionaires
▼ + stars: | 2024-06-15 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +8 min

While it makes sense that time is often a crucial ingredient to accruing savings and assets, the average age of millionaires in the US has been rising faster than the average age of the overall population over the last three decades. How millionaires are changingSince 1992, the average age of the country's millionaires has been going up. That means that younger millionaires aren't joining their ranks fast enough to keep the average age steady. Millionaires are overrepresented beginning around age 50, but track pretty cleanly with the cohort in their 40's. What does it mean to have so many older millionaires?

Persons: —, Chuck Collins, inequality.org, Collins, America's, aren't, Garrett Watson, that's, Watson, Xers, Gen Xers, they've, haven't, That's, It's, Ed Yardeni, They're, Redfin, King Charles, King Charles III of, it's, You've Organizations: Service, Business, Policy Studies, Forbes, Consumer, Millionaires, Tax, Security, Labor, Institute for Policy Studies Locations: United Kingdom

☆ Abortion: Trump walks fine line but allies and activists have big plans for a second term
▼ + stars: | 2024-06-14 | by ( Phil Mattingly | Andrew Seger | ) edition.cnn.com time to read: +16 min

“I believe he’ll be a pro-life president in the future also.”Many senior Trump administration alumni and allies are now mapping out and drafting policy options for a second Trump term. A second Trump term would also put back in place and expand restrictions on Title X grants – federal funds for public and nonprofit groups that provide family planning. Resurrecting these actions in a second Trump would almost entirely be up to the discretion of whomever he appoints to lead the relevant federal agencies. With Roe v. Wade’s protections erased, anti-abortion activists would like a second Trump administration to push harder than it did before – especially in restricting access to mifepristone. Abortion rights advocates worry he could play an outsize role shaping abortion restrictions in a potential second Trump administration.

Persons: Donald Trump’s, Ronald Reagan, ”, Roe, Wade, Dobbs, Trump, ” Trump, “, Trump –, Joe Biden’s, Kellyanne Conway, ’ ”, Mary Ziegler, Davis, Roger Severino, Trump’s, Reagan, Biden, ” Julie Lewis, Ziegler, David S, Cohen, Comstock, Skye Perryman, ” Mark Lee Dickson, Donald J, ” Dickson, “ He’s, Jonathan Mitchell, Mitchell Organizations: CNN, Trump, New, Capitol, “ Republicans, Democratic, Republican, Fox, Heritage Foundation, Biden’s, Department, University of California, Trump Health, Human Services, HHS, Food and Drug Administration, DOJ, UC Davis, Food, FDA, ” Drexel University, White, Justice Department, Democracy, Department of Justice, Cities, mifepristone, Time Locations: New York, Florida, Arizona, Mexico, Texas, America, United States, Colorado

☆ Harris to shine light on horrific sexual violence perpetrated during Hamas’ October attack
▼ + stars: | 2024-06-14 | by ( Priscilla Alvarez | ) edition.cnn.com time to read: +4 min

Washington CNN —Vice President Kamala Harris is expected to host a White House event focused in part on the Israel-Hamas war on Monday as part of an effort to highlight conflict-related sexual violence and amid fraught negotiations to reach a ceasefire agreement. Harris will deliver remarks on conflict-related sexual violence at the White House, followed by a panel discussion of survivors and experts from around the world, and a partial screening of documentary film, “Screams Before Silence,” on Hamas’ sexual violence on October 7, according to a White House official. “The Vice President spent her career as a prosecutor working to protect women and girls from violence, and as Vice President, she has continued this leadership globally. A United Nations report also found “clear and convincing” information that hostages in Gaza were sexually abused and there are “reasonable grounds” to believe the sexual violence is ongoing. Biden on Thursday called on the Hamas terror group to step up.

Persons: Kamala Harris, Harris, –, “, ”, Sheryl Sandberg, Sandberg, Sandberg Goldberg, Joe Biden, he’s, ” Biden, Biden Organizations: Washington CNN —, White, Association, Nova, United Nations Locations: Israel, Gaza, Selma , Alabama, ”, Italy

☆ Fires in Brazil’s Pantanal wetland break June record
▼ + stars: | 2024-06-14 | by ( Aditi Sangal | Mia Alberti | ) edition.cnn.com time to read: +4 min

Brazil’s Pantanal, the largest tropical wetland on earth, is ablaze, with fires in June breaking historical records for that month. Brazil’s National Institute of Space Research (INPE) has detected 733 fires in the Pantanal biome so far this month, with the previous record for fires in Pantanal for June being 435 registered in 2005. A view of a burnt monkey amongst the burnt vegetation in the Pantanal, the world's largest wetland, in Corumba, Mato Grosso do Sul state, Brazil, June 11, 2024. This seasonal flooding makes the Pantanal a unique biome where large swaths of land regularly turn from terrestrial into aquatic habitats and back again. In 2020, the fires destroyed unique habitats and wrecked the livelihoods of many of the Pantanal’s diverse indigenous communities.

Persons: Brazil’s Pantanal, Cynthia Santos, Ueslei Marcelino, ”, Andre Luiz Siqueira, It’s, ECOA, –, Ivana Kottasová, Henrik Pettersson, Krystina Organizations: Reuters, Brazil’s National Institute of Space Research, National Meteorological Institute, Wildlife Foundation, WWF Brazil, Fund, Nature, World Wildlife Fund, CNN Locations: Pantanal, Mato Grosso, Sul, Brazil, Corumba, Wetlands, Canada, South America, Brazilian

☆ Potential of a Trump return inspires Biden and G7 rush to guarantee long-term support for Ukraine
▼ + stars: | 2024-06-14 | by ( Kevin Liptak | ) edition.cnn.com time to read: +10 min

Trump argued, as he had before, that if he were president the war wouldn’t still be going. Opposed to additional Ukraine aid and openly skeptical of NATO, Trump could rip up the bilateral agreement Biden signed Thursday if he returned to office. Yet with uncertainty swirling around any American support in the future, the time to act appeared short. Biden pushes G7 to back reproductive rightsEven on an issue unrelated to Ukraine, Biden sought this week to consolidate G7 support in a way that would be unlikely if Trump were to return to the summit. American allies in Europe are collectively preparing for a second Trump administration with a sense both of trepidation and exhaustion.

Persons: Joe Biden, ” Biden, Volodymyr Zelensky, “, ”, Donald Trump, Biden, Trump, John Bolton, doesn’t, Zelensky, –, Putin, Ursula von der Leyen, Jake Sullivan, Ukraine “, Ukraine —, Giorgia Meloni Organizations: CNN, Republicans, Capitol, NATO, Trump, Biden, Democratic, White Locations: Italy, Ukraine, Washington, Kyiv, Paris, Iran, Russia, Puglia, Italian, Hiroshima, Japan, Europe, Sicily, haggling, Quebec, Biarritz

☆ Come inside star-studded King’s Foundation awards
▼ + stars: | 2024-06-14 | by ( Max Foster | Lauren Said-Moorhouse | ) edition.cnn.com time to read: +7 min

London CNN —King Charles III was in his element this week as he celebrated a very special moment for his foundation at St. James’s Palace in London. On Tuesday, the 75-year-old monarch attended the inaugural awards of his King’s Foundation, so we thought, why not take our Royal News readers along with us? Now, to rewind for just a moment – King Charles set up the charity back in 1990 when he was still the Prince of Wales. King’s Foundation chief executive Kristina Murrin told CNN that the charity is underpinned by the monarch’s philosophy of working in concert with nature to “build sustainable thriving communities.”King Charles III presents the Harmony Award to Ban Ki-moon, left, the former United Nations secretary-general, at the King's Foundation awards. King Charles III smells a wool sample at the King's Foundation awards.

Persons: London CNN — King Charles III, James’s, King Charles, Prince of Wales, Kristina Murrin, ” King Charles III, Ban, Kirsty Wigglesworth, ” Murrin, Rod Stewart, Penny Lancaster, David Beckham, Sienna Miller, Edward Enninful, Naomi Campbell, Raymond Blanc, King Charles III, we’ve, “, Charles, King, Alan Titchmarsh, ”, Isabelle Pennington, I’d, Beckham, “ we’ll, Murrin Organizations: CNN’s Royal, London CNN, Foundation, Royal News, King’s Foundation, CNN, United Nations, King's Foundation, Dumfries House, King Charles III Harmony, UN, Pipers, National Piping Centre, Rock Choir, King’s, England, Royal Locations: London, St, United Kingdom, Korean, James’s, Edmead, Caribbean, Germany, Iceland

☆ Amazon has a secret workaround to scrape Microsoft's GitHub for AI model training data, leaked memo shows
▼ + stars: | 2024-06-13 | by ( Eugene Kim | ) www.businessinsider.com time to read: +8 min

Microsoft is likely to be unhappy when it discovers that its arch rival Amazon is leaning hard on GitHub for AI training data. "Our LLMs are trained on data from a variety of sources, including licensed and proprietary data, open-source datasets, and publicly available data where appropriate. It also said Amazon employees should create a "classic personal token," not a "fine-grained personal token," when signing up. Tech companies, hungry for even more training data, are also granting themselves new permissions to use a lot more of consumers' information. Though Amazon's legal team has approved the GitHub data scraping workaround, the move could put Amazon in a tricky position.

Persons: —, Rohit Prasad NurPhoto, Rohit Prasad, Amazon, Amazon's, Andy Jassy, Prasad, Matthew Butterick, Joseph Saveri, Joseph Saveri's, Butterick, Copilot Organizations: Service, Business, General Intelligence Group, Amazon, Microsoft, Google, Meta, GitHub, News Corp, Tech, Alexa Locations: GitHub

☆ OpenAI adds former NSA chief to its board
▼ + stars: | 2024-06-13 | by ( Hayden Field | ) www.cnbc.com time to read: +2 min

OpenAI on Thursday announced its newest board member: Paul M. Nakasone, a retired U.S. Army general and former director of the National Security Agency. Nakasone was the longest-serving leader of the U.S. Cyber Command and chief of the Central Security Service. The company said Sarah Friar, previously CEO of Nextdoor and finance chief at Square, is joining as chief financial officer. OpenAI also hired Kevin Weil, an ex-president at Planet Labs, as its new chief product officer. Weil was previously a senior vice president at Twitter and a vice president at Facebook and Instagram.

Persons: Paul Nakasone, OpenAI, Paul M, Nakasone, OpenAI's, Adam D'Angelo, Larry Summers, Bret Taylor, Sam Altman, Sue Desmond, Hellmann, Melinda Gates, Nicole Seligman, Fidji Simo, Siri, Sarah Friar, Friar, Kevin Weil, Weil Organizations: National Security Agency, Intelligence, Capitol, U.S . Army, U.S . Cyber Command, Central Security Service, Security, Sony, Monday, Apple, Planet Labs, Twitter, Facebook Locations: Washington, U.S

☆ Maintenance and repair costs can be an unwelcomed surprise for first-time homeowners. Here are some ways to avoid bill shock
▼ + stars: | 2024-06-13 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +6 min

Experts say the "hidden costs" of owning a home, especially repairs and maintenance, can come as a shock for homeowners. Based on that calculation, Bankrate estimated, annual maintenance costs in some of the states with the highest home prices — like California, Hawaii and Massachusetts — can go over $26,000 annually. Keep your 'critical eye' as a homeownerOnce you become a homeowner, it will be important to keep up with routine maintenance in your house. To avoid surprises, try to regularly inspect your home and look for spots or corners that may need to be fixed. While homeowners are "the most critical" of a house when they're buying, they often don't keep the "critical eye" after moving in, said Hicks.

Persons: Alex Marrero, " Marrero, expats, Marrero, Angi.com, they're, Angie Hicks, Bankrate.com, Massachusetts —, you've, Jeff Ostrowski, Hicks, Dan Bawden, That's, Bawden, Tom Grill Organizations: Finance, Bankrate.com, CNBC, National Association of Realtors, Legal Eagle Contractors, Co Locations: Coral Springs , Florida, California, Hawaii, Massachusetts, Kentucky, Bellaire , Texas

☆ 3 risks to global economic growth
▼ + stars: | 2024-06-13 | by ( Krystal Hur | ) edition.cnn.com time to read: +7 min

The World Bank on Tuesday raised its 2024 outlook for global economic growth to hold steady at 2.6%, an increase from its previous projection of 2.4% growth. “Four years after the upheavals caused by the pandemic, conflicts, inflation, and monetary tightening, it appears that global economic growth is steadying,” Indermit Gill, the World Bank’s chief economist, said in a release accompanying the report. Prospects for the world’s poorest economies are even more worrisome.”Here are three risks the World Bank sees. The World Bank said that spillover risk from the Russia-Ukraine war and Israel-Hamas war could curb global growth by pushing up oil prices and shipping costs. Trade tensions are already brewing between some of the world’s biggest global economic engines.

Persons: ” Indermit Gill, Jerome Powell, ”, Ayhan Kose, Danielle Wiener, Bronner, Joe Erlinger, aren’t, TikTok, John S, James L, Donald Trump, Joe Biden’s, Biden Organizations: CNN Business, Bell, New York CNN, Bank, World Bank, European Central Bank and Bank of Canada, US Federal Reserve, European Commission, EU, Bureau of Labor Statistics, McDonald’s, Pew Research Center, Knight Foundation, TikTok Locations: New York, Russia, Ukraine, Israel, India, Mexico, United States, France, United Kingdom, China, Beijing

☆ Why we're still skeptical of Starbucks' turnaround despite a major Wall Street endorsement
▼ + stars: | 2024-06-13 | by ( Paulina Likos | ) www.cnbc.com time to read: +4 min

A new endorsement of Starbucks from a top Wall Street research firm doesn't budge our skepticism about the coffee giant's ability to deal with the multiple challenges holding back its stock. Goldman Sachs on Thursday initiated coverage of Club name Starbucks with a buy rating and a $100-per-share price target. That price target represents more than 25% upside to the prior session's close. That night, we downgraded the stock to a 2 rating and cut our price target to $90 per share. A store of Starbucks Coffee shop chain located in Amsterdam city center with people sitting inside, enjoying a coffee after shopping in the cafe, while others are walking by.

Persons: Goldman Sachs, Jim Cramer, Goldman, Jim, Laxman Narasimhan, Narasimhan, Jim Cramer's, Nicolas Economou Organizations: Starbucks, CNBC, Nurphoto, Getty Locations: China, Amsterdam

☆ Biden economic advisor unveils 'key principles' for tax policy plan ahead of expiring Trump tax cuts
▼ + stars: | 2024-06-13 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +1 min

Director of the National Economic Council Lael Brainard speaks at the White House in Washington, D.C., on Jan. 11, 2024. President Joe Biden's top economic advisor on Thursday unveiled plans to address trillions of dollars in expiring tax breaks enacted by former President Donald Trump. Some expiring individual provisions include lower federal income tax brackets, a higher standard deduction, a more generous child tax credit and doubled estate and gift tax exemption, among others. Expiring TCJA provisions could affect all Americans, but Brainard reaffirmed Biden's pledge to extend tax breaks only for those making less than $400,000. By comparison, former President Donald Trump has said he plans to extend all expiring TCJA provisions.

Persons: Lael Brainard, Joe Biden's, Donald Trump, Biden, Brainard, Biden's Organizations: National Economic, White, Washington , D.C, Tax, Finance, Fed Locations: Washington ,

☆ Biden leads new drive to cement the West’s Ukraine war effort against Putin – and Trump
▼ + stars: | 2024-06-13 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

Washington CNN —President Joe Biden is leading the world’s richest democracies in sending a beefed-up message to Russian President Vladimir Putin that the West will not forsake Ukraine despite political shocks casting doubts over its commitment. A flurry of new Western plans to help UkraineStill, the latest Western plans to help Ukraine send a strong message of intent. The sanctions target foreign financial firms aiding Putin’s war effort, restrict Russian access to some US software and information technology. Russian advances on the battlefieldThese are substantial and credible political, economic and political demonstrations of support for Ukraine. Not surprisingly, Zelensky has always chafed at the self-imposed limits of Western support for his war effort that are a symptom of Biden’s core aim of avoiding a direct NATO confrontation with Russia.

Persons: Joe Biden, Vladimir Putin, Biden, Volodymyr Zelensky, ” Biden, “, Donald Trump, Trump, lionizes Putin, wobbling, —, George H.W, George H.W . Bush, Janet Yellen, ” — Biden, Zelensky, ” Jake Sullivan, Wesley Clark, ” Clark, they’ve, ”, Kamala Harris, Sullivan, John Kirby, Putin Organizations: Washington CNN, Republican Party, Capitol, Republican, CNN, NATO, Big, Union, Ukraine, Trump, Biden, Air Force, Hudson Institute, Kremlin, Kyiv, West, White House National Security Council Locations: Russian, Ukraine, Italy, Normandy, Europe, United States, France, Germany, George H.W ., Russia, Britain, Japan, Canada, NATO, Washington, Kyiv, Cuba, China, Iran, Israel, Ukrainian, Switzerland

☆ A miraculous little plant proves life persists after deforestation
▼ + stars: | 2024-06-13 | by ( Amanda Schupak | ) edition.cnn.com time to read: +5 min

CNN —On the western slopes of the Andes in Ecuador, John L. Clark, a research botanist at Florida’s Marie Selby Botanical Gardens, happened upon what he calls a miracle. That he could see it at all, nestled there on a moss-covered rock in a remnant patch of untouched land, was impressive. Back in the lab, Clark and his team confirmed that the little plant was a species new to science, and he and his team named it Amalophyllon miraculum. That’s why we decided to call it miraculum,” research botanist John L. Clark said. To an untrained eye, it’s nearly impossible to see the plant about which he’s so excited.)

Persons: John L, Clark, ”, they’re, Clark “, Laurence Skog, Martin Schaefer, ” Schaefer, E.O, Wilson, “, ‘, ” Clark, Schaefer, Amanda Schupak Organizations: CNN, Marie, Marie Selby Botanical, Smithsonian Institution’s National, of, Jocotoco Conservation Foundation Locations: Ecuador, Marie Selby, Centinela, Washington , DC, Western Ecuador, New York City

Where patients traveled for abortions Number of patients 10,000 1,000 100 2023 171,300 patients traveled Alaska Wash. N.D. Hawaii Minn. Ore. N.Y . Number of patients 10,000 1,000 100 2023 171,300 patients traveled 2019 73,100 patients traveled Alaska Alaska Wash. Wash. Maine Mont. An exodus from Texas 10,000 1,000 100 Number of patients 2023 35,500 Texas patients traveled Wash. N.Y. Mass. Texas 10,000 1,000 100 Number of patients 2023 35,500 Texas patients traveled Wash. N.Y. Mass. Change in abortions by state State Abortions 2023 Change from 2019 Nonresident share Wyo.

Persons: Roe, Wade, Nev, S.C, W.Va Calif, “, ”, —, Amy Hagstrom Miller, “ We’re, John Seago, “ We’ve, Mia, Uber, Hagstrom Miller, Kelly Baden, Allison Cowett, Megan Jeyifo, Kelly Flynn Organizations: Nev . N.J ., Ind . Utah Colo, N.Y ., Ind . Utah W.Va, Guttmacher Institute Orange, La . Texas Fla, Md . Utah W.Va Colo, D.C, Alaska, W.Va, La . Texas, Ind . Utah D.C, La . Texas Texas, New York City, Texas Fla, Midwest, Mich . Iowa Ohio, ., Illinois Wis ., Illinois Wis . Iowa Ill, Guttmacher Institute, Republicans, Kan, Colo, Ill, Del, Utah, Hawaii, Iowa, Ohio, Maine, Family Planning, Chicago Abortion, N.Y, Tenn, California S.C Locations: Alaska, N.D, Hawaii Minn, Ore, N.Y, Idaho Wis, S.D . Mich, Pa, Nev . N.J, Nev . N.J . Ohio, Ill, Ind . Utah, W.Va Md, Calif, Kan . Va, Mo, Ky, N.C, Tenn, Ariz, ., N.M . Ala . Miss ., La . Texas Fla, N.Y . Idaho, S.D . Wis, Mich, Ind . Utah W.Va Md, Colo, Kan, Mo . Va . Ky, S.C . Ala . Miss ., Texas, New Mexico, Southern, Illinois, South Carolina, Georgia, North Carolina, Nev . N.J . Ohio Md, La . Texas, Alaska Wash . Maine, Minn, Mass, Wis, S.D . Idaho Mich, Wyo, Pa . Iowa, . Ohio Ind, Md . Utah, Va, Mo . Calif, Okla, S.C . Miss ., Ala, Hawaii, N.Y Idaho, La, Fla, N.Y Idaho Wis, Nev . Ohio Md, W.Va Colo . Va, N.M . Ala, Alaska Alaska, Wash . Maine, . Idaho, Nev Nev, N.J, Neb ., . Ohio Ohio, Ind, Ind . Utah Md . Utah, Kan . Va . Calif, S.C . Miss . Ala . Miss ., La . Texas Texas Fla, Wisconsin, Columbus , Ga, New York, ” Texas, Pa . N.J, Nev . Md, Colo . Va, N.M . Ga, N.M . Texas, Mich . Iowa, Okla ., Illinois Wis, Illinois Wis . Iowa, Miss . Texas, Maryland , Minnesota, Virginia, Conn, Houston, Albuquerque, States, ” Illinois, Chicago, N.Y Pa . N.J, Md, Va . N.C, California, Ala . Miss, . Pa . Md, Miss . Ala, Florida , Georgia, Florida, state’s, Florida , North Carolina

☆ What is Apple’s AI doing with your data?
▼ + stars: | 2024-06-13 | by ( Brian Fung | ) edition.cnn.com time to read: +8 min

As much as possible, Apple will try to process AI prompts directly on your device using smaller AI models. After fulfilling a user’s AI request, Private Cloud Compute scrubs itself of any user data involved in the process, Apple said. For example, when you use ChatGPT, OpenAI discloses that it uses your data to further train its AI models. With Private Cloud Compute, you theoretically won’t have to take Apple’s word that it doesn’t use your data for AI training. Apple’s AI models didn’t spring up out of nowhere.

Persons: Washington CNN —, you’ve, Apple, ChatGPT, Siri, didn’t, OpenAI, ChatGPT’s, ”, Craig Federighi, —, ” “, Apple hasn’t Organizations: Washington CNN, Worldwide Developers, Apple, Apple Intelligence Locations: Apple’s

☆ Beatrice Advisors launches to serve millennial and Gen Z investors from diverse backgrounds
▼ + stars: | 2024-06-13 | by ( Robert Frank | ) www.cnbc.com time to read: +6 min

Christina Lewis, founder of Beatrice Advisors, at her home office with a portrait of her father, Reginald Lewis. Her experience and success in forming her own family office and running two foundations has led her to her new venture: a multifamily office aimed at the next generation, targeting people like herself. Lewis’ company, called Beatrice Advisors, aims to change the traditional business of managing the fortunes of the wealthy and inheritors. Beatrice Advisors aims to make education and accessibility paramount since many young inheritors will be new to managing wealth, Lewis said. A growing number of ultra-wealthy families are turning to multifamily offices for generational wealth transitions, given their expertise in family wealth dynamics and governance.

Persons: Christina Lewis, Beatrice, Reginald Lewis, ”, that’s, Lewis, Christina, “, ” Lewis, ” Christina Lewis, Robert Frank, inheritors, Lewis ’, ” “, Meredith Bowen, ” Bowen, Bowen, Reginald F Organizations: Beatrice Advisors, International, Advisors, Cerulli Associates, Disney, Seven Bridges Advisors, Lewis Foundation Locations: American

☆ Apple will let users opt out of ChatGPT integration. It's a 'brilliant' move to calm mounting AI privacy concerns, analyst says
▼ + stars: | 2024-06-12 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +4 min

At the Worldwide Developers Conference on Monday, the company introduced Apple Intelligence, an in-house suite of AI services coming to devices this fall. Starting later this year, Apple users will have free access to OpenAI's ChatGPT model without having to create an account. Advertisement"I think it's brilliant," said Maribel Lopez, an AI analyst and founder of research and strategy consulting firm Lopez Research. AdvertisementThe opt-out ability on Apple devices offers customers a modicum of control amid the coming freight train of AI, Lopez added. Meanwhile, much of the marketing for Apple Intelligence already appears to be focused on safety and privacy protection, with advertisements boasting a "brand-new standard for privacy in AI."

Persons: —, OpenAI, Siri, Apple, Maribel Lopez, Lopez, Sam Altman doesn't Organizations: Service, Worldwide, Apple Intelligence, OpenAI, Business, Apple, Lopez Research, New York Times

☆ Opinion | The Supreme Court’s Bump Stock Decision Will Prove Fatal
▼ + stars: | 2024-06-12 | by ( David Firestone | ) www.nytimes.com time to read: +2 min

There was nothing abstract about the 6-to-3 decision issued Friday morning by the Supreme Court to permit bump stocks to be used on semiautomatic rifles. It is one of the most astonishingly dangerous decisions ever issued by the court, and it will almost surely result in a loss of American lives in another mass shooting. Bump stocks attach to the back of a rifle and use the gun’s recoil to enable shooting hundreds of bullets at a very rapid pace, far faster than anyone could shoot by pressing the trigger multiple times. Bump stock devices were banned the next year, just as all fully automatic machine guns are banned for public use, but the six conservative members of the court seemed entirely unbothered by their deadly potential. The opinion, written by Justice Clarence Thomas, parses in a ridiculous level of detail whether bump stocks truly fit the precise mechanical definition of a machine gun.

Persons: Clarence Thomas, parses, Trump Organizations: Vegas, Firearms Policy Foundation

☆ CNBC Daily Open: Apple shares pop, Musk drops OpenAI lawsuit
▼ + stars: | 2024-06-12 | by ( Abid Ali | ) www.cnbc.com time to read: +4 min

CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Musk drops OpenAI suit Elon Musk dropped his lawsuit against OpenAI, CEO Sam Altman and President Greg Brockman, which alleged breach of contract and fiduciary duty. Apple pops Apple 's shares rose to a record high a day after it announced its push into artificial intelligence. Get the CNBC Daily Open report in your inbox every morning and keep up to date with the markets wherever you are. For more, CNBC's Jeff Cox explains there could be a huge impact from the consumer price index and the Fed meeting.

Persons: Paul Jacobson, Elon Musk, Sam Altman, Greg Brockman, Siri, OpenAI, Morgan Stanley, Goldman Sachs, David Malpass, Dennis Lockhart, Jeff Cox, — CNBC's Lim Hui Jie, Lisa Kailai Han, Alex Harring, Spencer Kimball, Hayden Field, Samantha Subin, Ashley Capoot, Michael Wayland Organizations: New York Stock Exchange, CNBC, General Motors, GM, OpenAI, Microsoft, Apple, Apple Intelligence, Federal Reserve, Brent, Bank, Biden, Strategic Petroleum Reserve, Atlanta Fed Locations: New York City, U.S, San Francisco

The investor pitch claimed GM had already committed to an investment, along with the Menlo Park-based VC firm Tribe Capital. "GM agreed to let us collect the ground truth data in their factories," Foundation said in the document. "GM has never invested in Foundation Robotics and has no plans to do so," spokesman Darryll Harrison said in an emailed statement. The contents of the document were confirmed by someone with direct knowledge of Tribe Capital. Tribe Capital and its cofounder Sethi declined to comment, while Pathak didn't respond to messages seeking comment.

Persons: General Motors —, Darryll Harrison, cofounders, Mike LeBlanc, LeBlanc, Sankaet Pathak, Arjun Sethi, Sethi, Pathak Organizations: Synapse, General Motors, Robotics Labs, CNBC, GM, Menlo, Tribe, Foundation, Foundation Robotics, Robotics, New Foundation Foundation, Cobalt Robotics, McKinsey, Tribe Capital Locations: Mexico

☆ Politicians keep courting the TikTok vote. Users aren’t impressed
▼ + stars: | 2024-06-12 | by ( Brian Fung | ) edition.cnn.com time to read: +9 min

Many TikTok users in the survey said they care far more about entertainment, culture and friends. TikTok users don’t care much about politicsMany TikTok users, roughly 4 in 10, said they do see at least some politics content on the app, according to the survey. Only a third of TikTok users said they use the app to keep up with politics; 41% said they use it to get news. Right now, 22% of TikTok users say content on the app is mostly liberal, while 6% say it’s mostly conservative, according to Pew’s latest survey. TikTok users who identify as Republicans were slightly more likely than Democratic TikTok users to say TikTok is bad for US democracy, but only by a slim margin of 7 percentage points.

Persons: Washington CNN —, John S, James L, Donald Trump, Joe Biden’s, TikTok, Biden, Pew, ” Pew, we’ve, ”, Colleen McClain, —, Elon Musk, ” McClain, McClain, Musk, it’s Organizations: Washington CNN, Pew Research Center, Knight Foundation, TikTok, Facebook, Trump, CNN, Pew, Democratic, Elon, “, Republican Twitter Locations: China, United States, TikTok, Gaza

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