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☆ Thieves can steal a car in minutes by hacking it through its headlights with devices sold online, experts warn
▼ + stars: | 2023-04-24 | by ( Bianca Giacobone | ) www.businessinsider.com time to read: +4 min

Emergency start devices sold online starting at $1,600 can hack into a car through its wire network. The easiest access to car wires is through the headlights, car security experts say. "Normally, the wake-up message happens when you've pressed your car key. The hacking device sends a message to the car's front network — a car has many networks for logistic reasons — pretending to be the key. To study the hacking system, Tindell and Tabor purchased a similar hacking device online and reverse-engineered it.

☆ German magazine apologizes to Schumacher family over A.I. interview, sacks editor
▼ + stars: | 2023-04-23 | by ( ) www.cnbc.com time to read: +2 min

The publishers of a German magazine that ran an 'interview' with Michael Schumacher generated by artificial intelligence have sacked the editor and apologized to the Formula One great's family. His family said this week that they were planning legal action against weekly magazine Die Aktuelle, owned by the Essen-based Funke media group. "Die Aktuelle editor-in-chief Anne Hoffmann, who has held journalistic responsibility for the paper since 2009, will be relieved of her duties as of today." The latest edition of Die Aktuelle ran a front cover with a picture of a smiling Schumacher and the headline promising 'Michael Schumacher, the first interview'. "We're trying to carry on as a family, the way Michael liked it and still does.

☆ A private train company just unveiled its snazzy new station at Orlando airport — see inside Brightline's 37,350-square-foot facility
▼ + stars: | 2023-04-23 | by ( Bianca Giacobone | ) www.businessinsider.com time to read: 1 min

Passengers can access Brightline's station through a bright yellow entryway in terminal C. The rest of the airport is connected to the station via an automated people mover. Courtesy of Brightline

CNN —The editor-in-chief of Die Aktuelle, a German magazine that published a fake artificial intelligence (AI) interview with Michael Schumacher, has been “relieved of her duties,” a statement from publishing house FUNKE said, alongside an apology to the Schumacher family. Schumacher has not been seen in public since he suffered a brain injury in a skiing accident in December 2013. It in no way meets the standards of journalism that we – and our readers – expect from a publishing house like FUNKE,” FUNKE magazine managing director Bianca Pohlmann said in the statement. Only toward the end of the article does it become apparent that the interview was produced by AI. Hannibal Hanschke/EPA-EFE/ShutterstockSince the accident, the Schumacher family has kept updates about the health of the motorsport legend to a minimum to protect their privacy.

☆ German magazine fires editor over AI 'interview' with Michael Schumacher
▼ + stars: | 2023-04-22 | by ( ) www.reuters.com time to read: +2 min

[1/2] Mercedes Formula One driver Michael Schumacher of Germany stands inside his team garage during the first practice session of the Japanese F1 Grand Prix at the Suzuka circuit October 5, 2012. REUTERS/Kim Kyung-HoonApril 22 (Reuters) - The publishers of a German magazine that ran an 'interview' with Michael Schumacher generated by artificial intelligence have sacked the editor and apologised to the Formula One great's family. His family said this week that they were planning legal action against weekly magazine Die Aktuelle, owned by the Essen-based Funke media group. The latest edition of Die Aktuelle ran a front cover with a picture of a smiling Schumacher and the headline promising 'Michael Schumacher, the first interview'. "We're trying to carry on as a family, the way Michael liked it and still does.

☆ Two Former Peruvian Leaders Share the Same Jail. Another May Soon Join Them.
▼ + stars: | 2023-04-21 | by ( Bianca Padró Ocasio | ) www.nytimes.com time to read: +1 min

LIMA, Peru — Two of Peru’s former presidents are behind bars, one convicted of human rights violations, the other accused of illegally trying to dissolve Congress. A third ex-president may soon join that ignominious group with all three sharing the same prison. Alejandro Toledo, who led Peru two decades ago, surrendered on Friday to law enforcement officials in California, according to a U.S. Once he is returned to Peru, Mr. Toledo is expected to be incarcerated while the case against him proceeds. Peru has endured years of political corruption and instability that has resulted in the Andean country being ruled by seven presidents in the last seven years.

☆ A new 'basic' Japanese airline is launching flights between San Francisco and Tokyo starting at $325 one-way. See what it will be like onboard the Boeing 787 jets.
▼ + stars: | 2023-04-20 | by ( Bianca Giacobone | ) www.businessinsider.com time to read: 1 min

The $325 starting price is for the airline's standard value fare, not including airport charges, fees, and taxes. Courtesy of ZIPAIRThe $325 starting price does not include an in-flight meal and allows passengers a maximum of 15 pounds of carry-on baggage.

☆ Alaska Airlines is passenger's new favorite airline according to a new customer satisfaction survey. See how US airlines ranked, from worst to best.
▼ + stars: | 2023-04-20 | by ( Bianca Giacobone | ) www.businessinsider.com time to read: +2 min

Customer satisfaction with US airlines increased slightly year over year according to American Customer Satisfaction Index's latest travel study. Alaska Airlines topped the customer satisfaction ranking, while Spirit came in last. Customer satisfaction with US airlines is pretty much the same as it was in previous years, despite reports of cancellations, delays, and staffing shortages. Alaska Airlines topped the customer satisfaction chart, scoring 81 on a 100 scale, six points higher than it was last year. Delta and JetBlue, on the other hand, saw a decrease in customer satisfaction.

☆ Millennium is on the hunt for engineers in Miami. A top tech exec for the $58 billion hedge fund details the firm's new training program.
▼ + stars: | 2023-04-19 | by ( Bianca Chan | ) www.businessinsider.com time to read: +5 min

The head of tech for Miami outlines what applicants can expect, how to stand out, and why Miami. Naumovich, who was hired in September 2022, is responsible for building out Millennium's tech presence and tech offerings in Miami. A big part of that mandate will come down to recruiting tech talent, which has previously proven challenging for Wall Street firms in the area. The rotational program is the first of its kind in Millennium's tech organization. Wall Street SouthThe LEaD program is just one aspect of Millennium's big-picture build out in Miami.

☆ Balyasny built these 4 cloud-based tools that are critical in the $19.5 billion hedge fund's push into new trading strategies
▼ + stars: | 2023-04-19 | by ( Bianca Chan | ) www.businessinsider.com time to read: +2 min

Balyasny Asset Management is a multi-strategy hedge fund that has used the cloud since 2017. The firm's chief information officer and chief data officer detail 4 tools it built on the cloud. Balyasny Asset Management is deploying an arsenal of secret weapons that the $19.5 billion hedge fund has been building on the public cloud. The firm's data, applications, and investment teams all operate on cloud-based technologies, added Grimaldi, who is a former managing director at both JPMorgan and Goldman Sachs. In turn, the firm's tech and data teams have doubled in size since 2021 to more than 450 people.

☆ United Airlines to increase flights connecting the US to Australia and New Zealand by nearly 40%
▼ + stars: | 2023-04-18 | by ( Bianca Giacobone | ) www.businessinsider.com time to read: +2 min

United plans to operate 66 flights per week connecting the US and the South Pacific region this winter. That's a 40% increase in United flights to Australia and New Zealand compared to 2022. United Airlines is planning to ramp up its flights connecting the US to Australia and New Zealand by nearly 40%, the carrier announced Tuesday. Additionally, United plans to start offering daily flights between San Francisco and Brisbane, and twice daily flights between San Francisco and Sydney, starting October 28. United currently connects San Francisco to Brisbane three times per week, and San Francisco to Sydney daily.

☆ Millennium's new Miami-based engineering program is the latest shot in hedge fund's war for young tech talent
▼ + stars: | 2023-04-17 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +4 min

Insider's Bianca Chan has a first look at Millennium Management's new engineering training program for its Miami office. Click here to read more about Millennium's new training program for engineers in Miami. JPMorgan's Jamie Dimon, BlackRock's Larry Fink, Citigroup's Jane Fraser, and Wells Fargo's Charlie Scharf shared thoughts on the banking crisis during their respective earnings calls. The world's largest money manager is open to making some deals in the wake of the banking crisis. Despite all the chatter on the recent banking crisis, JPMorgan's CEO still had thoughts on the state of the wider economy.

☆ Inside Millennium Management's new engineering-recruitment program in Miami, from what applicants can do to stand out to why the city is becoming a key tech hub for the $58 billion hedge fund
▼ + stars: | 2023-04-17 | by ( Bianca Chan | ) www.businessinsider.com time to read: +5 min

☆ Goldman Sachs just upgraded an AI-powered tool that's part of its plan to simplify options trading for its clients
▼ + stars: | 2023-04-17 | by ( Bianca Chan | ) www.businessinsider.com time to read: +5 min

Goldman Sachs is building out a tool used by institutional clients for pricing derivatives. Goldman Sachs is expanding on a tool aimed at simplifying the complex world of derivatives trading for its institutional clients. At its core, Visual Structuring is making it easier to translate an idea about the markets into a potential options trading strategy. Screenshot of Goldman Sachs' Visual Structuring tool used to price options. Visual Structuring helped them explain the risk they're taking in a way that's easy to monitor and understand.

☆ A JetBlue flight to Fort Lauderdale landed in the Bahamas after the Florida airport closed due to extreme flooding
▼ + stars: | 2023-04-14 | by ( Bianca Giacobone | ) www.businessinsider.com time to read: +3 min

A JetBlue flight from Newark, New Jersey to Fort Lauderdale, Florida was diverted to the Bahamas on April 12. After three hours in Nassau, the plane went back to Newark, some nine hours after it first left the airport. Fort Lauderdale airport had shut down because of heavy rain and flooding. JetBlue flight 205 connecting Newark with Fort Lauderdale-Hollywood International Airport was diverted to Nassau Lynden Pindling International Airport on April 12 due to the Florida airport's closure. JetBlue flight 205 was canceled on Thursday but operated normally on Friday.

☆ 3 reasons why we hate the process of boarding planes according to an airline satisfaction expert
▼ + stars: | 2023-04-14 | by ( Bianca Giacobone | ) www.businessinsider.com time to read: +4 min

Power, the speed of boarding has only a partial impact on passengers' satisfaction. "Most economy passengers like Southwest boarding process the best, because it seems more egalitarian," Taylor explained. "There's a high correlation between the people skills of an airline and how people like their boarding process," Taylor said. "It's the deadline pressure that reduces satisfaction," Taylor explained. Customer satisfaction, Taylor said, is rarely about how fast you can get something done.

☆ A flight instructor in Alaska bought 3 disused cargo planes and is turning them into Airbnbs — take a look at the project
▼ + stars: | 2023-04-14 | by ( Bianca Giacobone | ) www.businessinsider.com time to read: 1 min

"People joke and tell me to make sure to put in the really tiny tables and chairs in the planes, and put them as tight as possible to give the authentic airplane feel," he said. "'But no, we're not trying to make people feel squished or crammed. We want people to have this really cool experience, but do it comfortably."

April 12 (Reuters) - Motorcycle maker Harley-Davidson Inc (HOG.N) said on Wednesday Chief Financial Officer Gina Goetter was leaving the company at the end of April, and toymaker Hasbro Inc (HAS.O) said she would take over as its finance chief. Harley issued a statement saying that Vice President, Treasurer David Viney will serve as interim CFO after Goetter's departure on April 28. Shares of the company were down 2.8% in extended trading after falling more than 6% on Wednesday. After cutting hundreds of jobs in 2020, Harley has either beaten or met Wall Street earnings forecasts in recent years, while navigating high inflation and supply chain constraints. Hasbro said Goetter will assume the role as CFO on May 18, succeeding Deborah Thomas at the company that makes Transformers action figures.

April 12 (Reuters) - Motorcycle maker Harley-Davidson Inc (HOG.N) said on Wednesday Chief Financial Officer Gina Goetter was leaving the company at the end of April to pursue another job. The Milwaukee-based company said Vice President David Viney will take over as interim CFO after Goetter's departure on April 28. Shares of the company fell 6.3% in extended trading. Before joining Harley, Goetter held top finance roles at meat company Tyson Foods Inc (TSN.N) and cereal maker General Mills Inc. (GIS.N)The company did not respond to a request for additional information. After cutting hundreds of jobs in 2020, Harley has either beaten or met Wall Street earnings forecasts in recent years.

☆ Colorado passes first US right to repair legislation for farmers
▼ + stars: | 2023-04-12 | by ( Bianca Flowers | Thomson Reuters | Bianca Flowers Is An Award-Winning Multimedia Journalist Based In Chicago Where She Reports On The Backbone Of The U.S. Labor Market. She Covers Agriculture | ) www.reuters.com time to read: +2 min

The Consumer Right to Repair Agriculture Equipment Act passed 46-14 in Colorado's Senate late on Tuesday, after winning approval in the state House of Representatives in February. The bill garnered bipartisan support as farmers grew increasingly frustrated with costly repairs and inflated input prices denting their profits. Colorado's legislation would mandate farm machinery manufacturers like Deere and rival CNH Industrial (CNHI.MI) to provide farmers with diagnostic tools, software documents, and repair manuals starting Jan 1. State lawmakers are pushing right to repair legislation even though Deere and CNH signed a memorandum of understanding with the American Farm Bureau Federation to allow farmers to fix their equipment, or go to a third-party repair shop. The agreement does not give farmers total access for repairs, said Kevin O'Reilly, director for the campaign of right to repair at the U.S. Public Interest Research Group.

☆ Fintech dealmaking is ready for prime time
▼ + stars: | 2023-04-10 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +4 min

It seems the time has finally come for some M&A, and one group is ready to go. I wrote last week about how a couple of blockbuster deals could kick off a spree of dealmaking after a long drought. Insider's Paige Hagy and Bianca Chan identified a bunch of acquisition targets in a segment of the market that is in need of some deals: fintech. One could make the point that every industry has a backlog of potential deals, but fintech seems particularly ripe. For the complete rundown on the 16 fintech and consumer-facing deals JPMorgan has made since 2020, click here.

☆ Here's the 13-page pitch deck Stratyfy, a fintech using AI to help lenders work with the underbanked, used to raise $10 million
▼ + stars: | 2023-04-10 | by ( Bianca Chan | ) www.businessinsider.com time to read: +4 min

Stratyfy uses AI to help lenders extend more credit to underbanked communities. Here's the 13-page pitch deck Stratyfy used to raise its so-called "institutional seed." Stratyfy works to help lenders eliminate biasStratyfy uses machine-learning algorithms to help lenders remove sharp cutoffs — like those based on credit history lengths or current income — that are often used in their credit decisioning. The core engine uses a lender's traditional credit data, in addition to alternative data, to offer a breakdown of factors in a given borrower's profile. Here's the pitch deck Stratyfy used to raise $10 million.

☆ 27 fintechs that could be acquisition targets, and the firms that might buy them, according to VCs, investment bankers, and analysts
▼ + stars: | 2023-04-10 | by ( Paige Hagy | Bianca Chan | ) www.businessinsider.com time to read: +2 min

Why it's on the market: SMB lenders saw valuations skyrocket during the pandemic years fueled by cash-strapped businesses struggling to secure loans amid tightening lending requirements. "These sorts of businesses almost certainly got way over their skis on valuation," a partner at a California-based venture firm, told Insider. SMB lenders are potential acqui-hires or acquisition targets unless they can raise more capital, according to one New York-based partner at a large venture firm. A spokesperson for Pipe cited the fintech's hiring of Luke Voiles, a former Square and Intuit executive, as CEO earlier this year. Both experts expect to see consolidation throughout the segment, with larger consumer and SMB lenders like Ramp and Brex as potential buyers.

☆ A group of passengers flying from Paris to New York skipped passport control and customs due to a 'disembarkation issue'
▼ + stars: | 2023-04-07 | by ( Bianca Giacobone | ) www.businessinsider.com time to read: +2 min

Passengers on an April 4 flight from Paris to New York left the airport with no immigration check. The incident involved a Norse Atlantic Airways flight that landed at John F. Kennedy International Airport. "We are investigating a disembarkation issue that took place on arrival at New York JFK on Tuesday evening concerning a Norse Atlantic Airways flight from Paris," the statement said. The low-cost carrier is fairly new to the transatlantic flight scene. Norse's New York to Paris route, which was inaugurated on March 26, has one-way flights starting at 269 Euros, or around $300.

☆ Half of the 10 busiest airports in the world are in the US, with Atlanta topping the chart once again
▼ + stars: | 2023-04-06 | by ( Bianca Giacobone | ) www.businessinsider.com time to read: +2 min

Atlanta's airport is the busiest hub in the world for 2022 with 93 million passengers. In third place, Denver is one of the only airports to have caught up with pre-pandemic levels. Five of the busiest airports in the world are in the US, with Hartsfield-Jackson Atlanta International Airport topping the list for the second year in a row. Last year, US airports accounted for eight of the 10 busiest airports. Take a closer look at the top 10 busiest airports in the world.

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