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Read previewRich millennials in China are experiencing world travel in a very different way from their parents. These tours offered a safer and more accessible way to explore new destinations, Elisa Harca, CEO of consultancy firm Red Ant Asia, previously told Business Insider. New technology has made solo travel much less dauntingSocial media platforms like Xiaohongshu are the go-to place for local travel tips. BORIS HORVAT/Getty"They're a lot more used to being tourists,'' Jack Porteous of China-focused consultancy firm Tong Global told Business Insider. The rise of social media platforms for travel has also spurred the accessibility of solo travel.
Persons: , Elisa Harca, Ant Asia, — millennials, Z, BORIS HORVAT, Jack Porteous, Tong, China's, Sally Maier, Yip, Porteous, Mark Kolbe, Getty, Maier, they've Organizations: Service, Business, Tong Global, Consulting Locations: China, China ., Europe, glamping, Inner Mongolia
Frank McCourt, civic entrepreneur, executive chairman of McCourt Global and founder of Project Liberty, speaks at The Wall Street Journal’s Future of Everything Festival in New York City, U.S., May 22, 2024. "I don't want to be the CEO of a social media platform. His pitch has drawn a key group: Parents whose children died after being influenced by social media or bullied on various platforms. He founded the non-profit Project Liberty to build a healthier version of social media. Project Liberty is working with Guggenheim Securities and law firm Kirkland & Ellis to buy the viral video platform.
Persons: Frank McCourt, McCourt, Frank's, Sam Chapman, Sammy, Chapman, Kirkland, Ellis Organizations: McCourt Global, Project Liberty, Everything, Liberty, Guggenheim Securities Locations: New York City, U.S
CNN —One of the world’s largest democratic exercises gets underway this week, with some 373 million people across the European Union eligible to vote in elections for the next European Parliament. Pedestrians walk past a banner displayed on the building of the European Parliament in Brussels on May 17, 2024. The European Parliament sits primarily in Brussels, Belgium, but moves roughly once a month to Strasbourg, France. National elections are set to take place in France in 2027, in which right-wing populist Le Pen could emerge victorious. There are EPP members (and certainly ECR members) who will agree with ID members on matters such as immigration and climate change.
Persons: Kenzo Tribouillard, Germany’s Ursula von der Leyen, Ursula von der Leyen, Giorgia Meloni, Yara Nardi, Pen, Emmanuel Macron’s, What’s, Simona Granati, der Leyen, Von der Leyen, it’s Organizations: CNN, European Union, Voters, EU, Getty, European Commission, European Council, Italian, European, European People’s Party, EPP, Progressive Alliance of Socialists, European Conservatives, ECR, Corbis, Von Locations: Ukraine, Gaza, EU, Brussels, AFP, European, Belgium, Strasbourg, France, Lampedusa, China, Europe, Italian, Rome, Italy, Germany
One legal expert even warned that AI could potentially usher in a new, modern-day "dark age," or a period of societal decline if the relatively new industry of AI goes largely unregulated. AdvertisementAI regulation, Pasquale said, could prevent many of the problems that could pave the way for this so-called new dark age dynamic. US intellectual property laws related to copyright infringement and state-level publicity rights are among the main legal frameworks being used to potentially regulate AI in the country. That includes how social media affects youth's mental health and the propagation of disinformation and misinformation, he said. AdvertisementHe noted that the ability to regulate social media today exists, but that it's not clear what the effective legal solutions are for the societal problems that have arisen.
Persons: , Frank Pasquale, OpenAI, Pasquale, Mark Bartholomew, Bartholomew, Harry Surden, We've, Surden Organizations: Service, Business, Cornell Tech, Cornell Law School, Microsoft, University, Buffalo, University of Colorado Law School, Stanford, CodeX, Legal Informatics Locations: United States
While final votes are still being tallied, India’s election authority has confirmed that the NDA coalition had secured the majority needed with 272 seats. Indian Prime Minister Narendra Modi gestures as he arrives at Bharatiya Janata Party (BJP) headquarters in New Delhi, India, on June 4. Adnan Abidi/ReutersSupporters of the Bharatiya Janata Party (BJP) celebrate as they learn early election results on June 04, 2024 in Bengaluru, India. Preliminary results also suggest they have chipped away at BJP seats, including in some of the ruling party’s traditional strongholds. “He comes from a poor background and that helps him understands the people of India,” Varanasi BJP president Dileep Patel previously told CNN.
Persons: Narendra Modi, ” Modi, , Modi, Adnan Abidi, Abhishek Chinnappa, Rahul Gandhi, , , , thirstily, Rajgopal Kashyap, Nilanjan Mukhopadhyay, Surjeet Singh, Christophe Jaffrelot, Dileep Patel, Sunita Gautam, “ Modi Organizations: New, New Delhi CNN, National Democratic Alliance, NDA, Bharatiya Janata Party, BJP, Indian, Reuters, India’s National, Congress, CNN Locations: New Delhi, tatters, India, Bengaluru, Asia, United States, China, Russia, Washington, Delhi, Moscow, Ukraine, , Gujarat, ” Varanasi
Wisconsin is the latest state to bring charges against people connected to the former president involved in the broad effort to overturn the presidential election results. “We hereby reaffirm that Joseph R. Biden, Jr. won the 2020 presidential election and that we were not the duly elected presidential electors for the State of Wisconsin for the 2020 presidential election,” a portion of their statement said. “We oppose any attempt to undermine the public’s faith in the ultimate results of the 2020 presidential election.”Chesebro was previously charged, and pleaded guilty, in the Georgia probe. This undercut his testimony to state prosecutors in which he said the fake electors were contingent on winning the litigation. Chesebro discussed the episode with Wisconsin investigators when he sat for an interview as part of the attorney general’s probe into the fake electors plot.
Persons: Donald Trump, Kenneth Chesebro, Jim Troupis, Michael Roman, Tony Evers, , Chesebro, CNN’s KFile, Joe Biden’s, Trump, , Joseph R, Biden, Jr, ” Chesebro, Jack, Trump . Roman, Troupis, Mike Pence, CNN’s Marshall Cohen, Katelyn Polantz, Alison Main Organizations: CNN, Trump, Troupis, Democratic Wisconsin Gov, ” CNN, State, Trump ., White, Wisconsin, Wisconsin GOP Locations: Wisconsin, Michigan , Arizona , Nevada, Georgia, , Arizona, Michigan, Washington, DC, Milwaukee
It's all unraveling at OpenAI (again)
  + stars: | 2024-06-04 | by ( Madeline Berg | ) www.businessinsider.com   time to read: +10 min
In a statement to Business Insider, an OpenAI spokesperson reiterated the company's commitment to safety, highlighting an "anonymous integrity hotline" for employees to voice their concerns and the company's safety and security committee. Safety second (or third)A common theme of the complaints is that, at OpenAI, safety isn't first — growth and profits are. (In a responding op-ed, current OpenAI board members Bret Taylor and Larry Summers defended Altman and the company's safety standards.) "I have been disagreeing with OpenAI leadership about the company's core priorities for quite some time, until we finally reached a breaking point." (Altman and OpenAI said he recused himself from these deals.)
Persons: , Sam Altman, Daniel Kokotajlo, OpenAI, Altman, Helen Toner, Tasha McCauley, Toner, McCauley, Bret Taylor, Larry Summers, Kokotajlo, Jan Leike, Ilya Sutskever, Leike, Stuart Russell, NDAs, Scarlett Johansson, lawyered, Johansson, " Johansson, I've, Sam Altman — Organizations: Service, New York Times, Business, Times, Twitter, Microsoft, The New York Times, BI, Street, OpenAI, OpenAI's, Apple Locations: OpenAI, Russian, Reddit
The Washington Post is in trouble. This third newsroom will be comprised of service and social media journalism and run separately from the core news operation. AdvertisementStill, it's quite clear that Lewis, installed by Bezos last fall, has surveyed the existing Washington Post business strategy — run a newspaper with national ambitions and a subscription-based revenue model — and concluded that it didn't work. The more concerning part of Lewis' plan is that he now has two plans: There's The Washington Post, which will presumably continue to act like the old Washington Post. And there's the new, unnamed version of The Washington Post, which will operate very differently.
Persons: — Jeff Bezos, , Will Lewis, That's, Lewis, It's, he's Organizations: Service, Washington Post, Business, Bezos, Facebook, Daily, Washington, The Washington Post Locations:
According to the CCP's plan, by 2020, China was supposed to have "achieved iconic advances in AI models and methods, core devices, high-end equipment, and foundational software." Censorship requirements may slow China's AI development and limit the commercialization of domestic models, but they will not stop Beijing from benefiting from AI where it sees fit. We're not seeing a huge gap between the models Chinese companies have been able to roll out. The current price war is a race to the bottom, similar to what we've seen in the Chinese technology space before. A race to the bottom may simply beggar China's AI ecosystem.
Persons: Xi Jinping, China doesn't, there's, Beijing's, Reva Goujon, We're, It's, ChatGPT, Xie Huanchi, couldn't, you'll, , Kenneth DeWoskin, it's, Matt Sheehan, they're, chatbot, Sheehan, Ernie Bot, There's, Alibaba, ByteDance's, Paul Triolo, Albright, we've, haven't, DeWoskin, Sam Altman, Elon Musk Organizations: Chinese Communist Party, CCP, Intelligence, Cyberspace Administration, Getty, Freedom, University of Michigan, Deloitte, CAC, Carnegie Endowment, International Peace, Baidu, Bloomberg, Companies, Brookings Institution, Beijing, The Commerce Department Locations: China, Beijing, China's, Hong Kong, Xinhua, , Washington, Brussels, Berlin, Taiwan, US, Xinjiang
Here’s who is running for president:Claudia SheinbaumThe 61-year-old Sheinbaum is a former Mexico City mayor and climate scientist. A longtime political ally of incumbent President Andrés Manuel López Obrador, she was the Mexico City environment secretary from 2000-2006 when he was mayor. Her close alignment with López Obrador has been both a blessing and a curse politically. (López Obrador has repeatedly dismissed whispers that he favors a candidate that he could influence, telling press in February that he would “retire completely” after his term.) For a relative newcomer, Galvez’s entry into the presidential race has gained impressive momentum, experts say.
Persons: Here’s, Claudia Sheinbaum, Andrés Manuel López Obrador, Sheinbaum, López Obrador, she’s “, , Lopez, , Xóchitl, Vicente Fox, • Galvez, ” Jorge Álvarez Máynez, Jorge Álvarez Máynez, San Pedro Garza García, • Máynez, López, Myriam Guadalupe Castro Yáñez, Greg Abbott, Gálvez, CNN’s Rafael Romo, David Shortell Organizations: Mexico City, National Guard, PRI, PAN, Federal Electricity Commission, Institute for Economy, National Migration Institute, National School of Social, National Autonomous University of Mexico, Texas Gov, Washington Locations: Mexico City, Chiapas, Guanajuato, Jalisco, Morelos, Puebla, Tabasco, Veracruz, Yucatán, Mexico, San, prohibitionism, UNAM, Texas, United States
Meta vs TikTok: Breaking down the user trends of social media
  + stars: | 2024-05-31 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMeta vs TikTok: Breaking down the user trends of social mediaCNBC's Julia Boorstin with Andrew Selepak, University of Florida professor, joins'Power Lunch' to discuss social media trends
Persons: Julia Boorstin, Andrew Selepak Organizations: University of Florida
Taylor Hill | Getty ImagesTop proxy advisor Institutional Shareholder Services on Friday recommended Tesla shareholders vote against the re-approval of CEO Elon Musk's $56 billion pay package and withhold their support from the re-election of News Corp . Tesla's shareholder meeting is on June 13. Tesla's board is seeking shareholder approval to reinstate Musk's pay after a Delaware court voided the package earlier this year. The proxy advisor recommended support for some shareholder proposals that Tesla management opposes, including one that would declassify Tesla's board. Pay package pushTesla has been courting shareholder support in both time-tested and novel ways.
Persons: Elon Musk, Elon Musk's, James Murdoch, Glass Lewis, Tesla, Innisfree, Robyn Denholm, Leo KoGuan, KoGuan, Go Nakamura Organizations: Academy Museum of Motion Pictures, Getty, Services, News Corp, CNBC, ISS, FGS Global Locations: Los Angeles , California, Taylor, Delaware, Texas, Austin, Austin , Texas, U.S
Calvin Klein, a brand that recently made waves with an ad campaign featuring the actor Jeremy Allen White in nothing but his underwear, is getting a little more buttoned up. On Thursday, it announced it would restart its high-end Collection business under a new creative director, Veronica Leoni, along with a return to the runway — and, perhaps, to its former position as a tentpole of New York Fashion Week. Ms. Leoni will be the first named designer Calvin Klein has had in five years and the first woman to lead the house. She is one of the few women to be appointed to the top of the creative side of a major brand in the last year, when most of the big jobs have been given to white men. Calvin Klein reported 2023 revenues of $3.9 billion, a growth of only 3 percent.
Persons: Calvin Klein, Jeremy Allen White, Veronica Leoni, Ms, Leoni, Valentino, Alexander McQueen, Moschino Organizations: New York
Argentina's President Javier Milei waves during the commemoration of the 214th anniversary of the May Revolution that led to the independence from Spain, at Plaza San Martin in Cordoba, Argentina, on May 25, 2024. On his seventh overseas trip since taking office late last year, Argentina's Milei traveled to San Francisco late Monday and has since met with OpenAI CEO Sam Altman, Google's Sundar Pichai and Apple CEO Tim Cook. The right-wing leader, and self-described "anarcho capitalist," is scheduled to meet with Meta CEO Mark Zuckerberg before departing from the U.S. on Friday. On a separate trip to the U.S. last month, Milei met with tech billionaire Elon Musk at a Tesla electric car factory in Austin, Texas. The growth of AI data centres will also require significant energy and water resources, of which Argentina has in abundance."
Persons: Javier Milei, Diego Lima, Argentina's Milei, Sam Altman, Google's Sundar Pichai, Tim Cook, Mark Zuckerberg, Milei, Elon Musk, Nicolas Saldias, Saldias, Mariano Machado, Verisk Maplecroft, We're, " Machado, Javier Milei's, Luis Robayo Organizations: Plaza San, Afp, Getty, Apple, Meta, U.S, Analysts, America, Economist Intelligence Unit, CNBC, Americas, Verisk Locations: Spain, Plaza San Martin, Cordoba, Argentina, San Francisco, U.S, Austin , Texas, Olivos, Buenos Aires Province
America's young men aren't working. The effect was driven almost entirely by young men: Unemployment went up by 2.7 percentage points for young men but by only 0.1 percentage points for young women. AdvertisementEmployers might also see young men as riskier to bring on board. Fairly or unfairly, there's a stereotype that young men are more volatile, more immature, and less responsible than their female counterparts. As for why so many young men aren't working, it's a doozy.
Persons: they're, willy, it's, Matt Darling, Darling, , aren't, There's, Emily Stewart Organizations: Social Security, Niskanen, Unemployment, Lawmakers, Capitol, Business Locations: Washington, Oregon
America's young men aren't working. The effect was driven almost entirely by young men: Unemployment went up by 2.7 percentage points for young men but by only 0.1 percentage points for young women. AdvertisementEmployers might also see young men as riskier to bring on board. Fairly or unfairly, there's a stereotype that young men are more volatile, more immature, and less responsible than their female counterparts. As for why so many young men aren't working, it's a doozy.
Persons: they're, willy, it's, Matt Darling, Darling, , aren't, There's, Emily Stewart Organizations: Social Security, Niskanen, Unemployment, Lawmakers, Capitol, Business Locations: Washington, Oregon
Eyes being on Rafah has not stopped the violence, wrote scientist Ayesha Khan on Instagram. The phrase “All Eyes on Rafah” has been appearing in various graphics and images associated with the war in Gaza for months and is not necessarily tied to this specific viral image. “Because you’re directing everyone’s gaze to an image that doesn’t really show the horror of what happens in conflict zones.”What does ‘All Eyes on Rafah’ mean? Others have pointed out that the image does not actually include the words “Palestine” or “Gaza” — names that have been widely politicized even before October 7. “Rafah does not have the immediate name recognition for people who haven’t been paying attention,” said writer Heben Nigatu on X.
Persons: Gaza —, It’s, Tim Dillon, it’s, Ayesha Khan, Khan, Rik Peeperkorn, , Peeperkorn, shahv4012, Faiza Hirji, Hirji, there’s, ” Hirji, haven’t, , Heben Nigatu, George Floyd’s, — “ Organizations: CNN, NBC, Health, West Bank, Ontario’s McMaster University Locations: Rafah, Gazan, Gaza, Instagram, West,
In a letter to BuzzFeed’s board, a copy of which Ramaswamy posted online, the MAGA hardliner and former Republican presidential candidate recommended laying off large swaths of the company’s existing staff. He encouraged BuzzFeed’s board to transform the outlet into a creator-driven platform, suggesting it hire personalities akin to fellow radicals Candace Owens and Tucker Carlson. “Address your audience directly and candidly admit: We failed in our obligation to tell you the truth,” Ramaswamy encouraged BuzzFeed. But it was apparent that he does not view the right-wing entrepreneur’s ideas for the future of BuzzFeed as compelling. “I’m very skeptical it makes business sense to turn BuzzFeed into a creator platform for inflammatory political pundits.
Persons: Vivek Ramaswamy —, , Ramaswamy, MAGA hardliner, BuzzFeed’s, Candace Owens, Tucker Carlson, BuzzFeed, Donald Trump, ” Ramaswamy, Jonah Peretti, MAGA, ” Jeffrey A Sonnenfeld, , Vivek, Vivek Ramaswamy, Peretti, ” Peretti, , Sonnenfeld Organizations: New York CNN, Republican, , Yale School of Management, Facebook, Huffington Locations: New York, Covid, BuzzFeed
Yet, there's a notable lack of attention and concern given to the social aspect of retirement, experts said. It's a facet of retirement planning that's almost "hidden in plain sight," said Robert Waldinger, a clinical professor of psychiatry at Harvard Medical School. Money is the "obvious" focus when it comes to retirement planning, Waldinger said. Put another way: "Social connections are really good for us" and "loneliness kills," Waldinger explained in a 2015 TED Talk titled "What makes a good life?" "Some people say, 'It's too late for me'" to make new social connections, Waldinger said.
Persons: Jose Luis Pelaez, there's, that's, Robert Waldinger, Waldinger, General, David Sbarra, Sbarra, It's, Yochai Shavit, Shavit, it's Organizations: Social Security, Finances, Allianz Life, Harvard Medical School, Waldinger, Harvard, TED, U.S, Laboratory, University of Arizona, Finance, Stanford University Center, Longevity, CNBC Locations: People
Barry Kemp, an archaeologist whose decades of painstaking digging at the abandoned capital of a mysterious pharaoh helped revolutionize our understanding of how everyday ancient Egyptians lived, worked and worshiped, died on May 15 in Cambridge, Britain, one day after his 84th birthday. The death was announced by the Amarna Project, an archaeology nonprofit where Mr. Kemp was director. Almost from the moment he arrived to teach at Cambridge University in 1962, fresh out of college, Mr. Kemp was a phenomenon. Much of his work had little to do with the pharaohs, though. He was among the first to apply the questions of social history, in which scholars explore the lives of everyday people in the past, to ancient Egypt.
Persons: Barry Kemp, Kemp Organizations: Amarna, Cambridge University Locations: Cambridge, Britain, Egypt
On an overcast April day in South Africa’s administrative capital, Pretoria, President Cyril Ramaphosa delivered a lackluster speech commemorating the end of white-minority rule in South Africa. On several occasions, the former South African president Jacob Zuma proclaimed that the A.N.C. would rule “until Jesus comes back.” Now Mr. Zuma is hoping to unseat the party that enabled his notorious graft. The party’s emergence is one of the many morbid symptoms in South Africa today. Thirty years on from apartheid’s end, South Africa is in the midst of another complex transformation.
Persons: Cyril Ramaphosa, Nelson Mandela, Ramaphosa’s, Jacob Zuma, , Jesus, Zuma, uMkhonto, , , Ramaphosa Organizations: African National Congress, South, Mr Locations: South Africa’s, Pretoria, South Africa, South
But while retirees might imagine spending their golden years full of pasta and palazzos, the realities of moving abroad are much less romantic. He didn’t think retiring abroad was feasible. Packing up shopAs America’s retirement crisis grows, so too does the dream of retiring abroad. “People need to think about estate planning, which is often different abroad,” said Brett Spencer, the founder of Impact Financial, a financial advisory firm that specializes in Americans living abroad. I think that’s the reality that a lot of people probably aren’t prepared for,” said Peddicord, who splits her time with her husband between Paris and Panama City, Panama.
Persons: Laura Barnett, She’s, Chris, Chris Barnett, didn’t, Laura, , We’ve, , ” Chris, there’s, won’t, It’s, Brett Spencer, ” Spencer, he’s, Italy Patience Dunbar, Charles Ippoliti, Patience Dunbar Patience Dunbar, Charles, they’ve, Patience, Giorgia, We’re, you’ll, Kathleen Peddicord, Peddicord, don’t, Jacki Dahl, Bill Dahl, Bill Organizations: New, New York CNN, US Department of Defense, CNN, Gallup, Social, Impact, Invest Overseas, , , Rocky, Expiatorio Locations: New York, Kentucky, Poitiers, France, Fayetteville , North Carolina, Portugal, Aveiro, Europe, Monmouth, Italy, Arona, Milan, Oregon, Kansas, United States, Paris, Panama City, Panama, States, Reno, Guadalajara, Mexico,
Opinion | Debating the Best Way to Fix Social Security
  + stars: | 2024-05-26 | by ( ) www.nytimes.com   time to read: +1 min
To the Editor:Re “Want to Fix Social Security? The Well-Off Must Accept Smaller Checks,” by Peter Coy (Opinion, nytimes.com, May 13):I find it maddening that the only solution to the Social Security Trust Fund difficulties offered by conservatives is reducing benefits. There are a number of acceptable increases that could solve the funding problems of Social Security and Medicare. Let me suggest a few: The Social Security tax stops at a relatively low income level, $168,600 annually, this year. Speaking of all of a person’s income, why is it that only “earned” income is taxed for Social Security?
Persons: Peter Coy, stiffs Organizations: Social Security Trust Fund, Social Security
Dr. Sanjay Gupta: Rewiring your brain for happiness
  + stars: | 2024-05-25 | by ( Dr. Sanjay Gupta | ) edition.cnn.com   time to read: +10 min
CNN —Happiness is an idea that has been woven into the fabric of humanity, going back to ancient civilizations. Santos believes, however, that with some diligent and intentional practice, you can start to turn up your thermostat of happiness. “Every available study of happy people suggests that happy people are more social,” Santos said. And I would gather the opposite is also true: Social people are happier. Listen to the full episode with happiness professor Laurie Santos here, and join us next week on the podcast when we explore the surprising link between happiness and anxiety.
Persons: Rebecca, I’m, It’s, Laurie Santos, we’re, , Santos, Kelly McGonigal, ” Santos, , ” She’s, Robert Waldinger, , Waldinger Organizations: CNN, Independence, Liberty, Gallup, Yale University, Harvard Locations: United States
Read previewA wealthy family wants to hire a private tutor for their two young children. The position includes a minimum annual salary of $180,000, nine weeks of annual vacation, and accommodation and travel expenses. The UK-based tutoring agency Tutors International, searching for the highly lucrative tutoring role, has been described as the "Dom Perignon" of the industry. "In 2001, we thought charging a client £28,000 ($35,000) a year was a lot of money," Caller told Business Insider. Advertisement"Graduates from elite universities are often making a Faustian pact: serving the wealthy to pay their post‐graduation debts," he said.
Persons: , Dom Perignon, Adam, Jerome Barty, Taylor, Lu ShaoJi, Mark Bray, Bray, it's, Lee Elliot Major, you've Organizations: Service, Business, International, Oxford, Cambridge University, Ivy League grads, UNESCO, Comparative, University of Hong, Monaco, Social Mobility, University of Exeter Locations: Europe, Hong Kong, Champagne, Cambridge, Oxford, Dubai, University of Hong Kong, London, Russia, Britain
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