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☆ Build a tax-efficient portfolio with these funds, Bank of America says
▼ + stars: | 2024-03-19 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +4 min

April 15 is the deadline for taxpayers to file their income tax returns and pay sums owed for 2023. MLPs themselves aren't subject to federal income taxes, but limited partners owe taxes on the income distributed. MLPX has a total return of 7.6% in 2024, and MLPA's year-to-date total return is 9.3%, according to Morningstar. In 2024, IYK has a total return of nearly 4.7%, while XLU's total return is about 0.7%, according to Morningstar. MFM's total return this year is 3.66%, and NZF has a total return of 3.4% in 2024, according to Morningstar.

Persons: Jared Woodard, Woodard, —, MLPX, IYK, Morningstar, XLU, NZF Organizations: Bank of America, MLP & Energy Infrastructure, X MLP, Morningstar, Consumer Staples, Income Trust, Income Locations: MLPs, Indonesia, America, Nuveen

☆ OpenAI strikes deals with more major news publishers, posing a threat to Google's dominance
▼ + stars: | 2024-03-16 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +6 min

The ChatGPT maker announced this week it had struck partnerships with two major European media organizations: France's Le Monde and Spain's Prisa Media. This story is available exclusively to Business Insider subscribers. This is a "threat" to GooglePublishers who've signed agreements with OpenAI say they hope the partnerships will bring new life to their business. By wooing users with a better interface, OpenAI could threaten Google's dominance over online search, Zaman said. OpenAI did not immediately respond to a request for comment from Business Insider.

Persons: —, OpenAI, Brad Lightcap, Axel Springer, Roger Lynch, Condé Nast, Google Publishers who've, Le Monde, Tauhid Zaman, Zaman, Hugh Martin Organizations: Service, Prisa, Business, Politico, CNN, Fox Corp, Bloomberg, ChatGPT, Yorker, Wired, The New York Times, Microsoft, Google Publishers, Google, Facebook, Media, Yale School of Management, Publishers, Scripps School of Journalism, Ohio University Locations: OpenAI

☆ SpaceX inked $1.8 billion deal with US intelligence agency to create a network of spy satellites, report says
▼ + stars: | 2024-03-16 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +1 min

SpaceX's national security ties are deeper than previously known, a new Reuters report revealed. The astronautics company inked a $1.8 billion deal in 2021 with a US intelligence agency. Under the contract terms, SpaceX will build a network of spy satellites, the outlet reported. AdvertisementSpaceX's substantial ties to US national security are deeper than previously known, according to a new Reuters report. The astronautics company inked a $1.8 billion deal in 2021 with an American intelligence agency to create a network of spy satellites, the outlet reported, citing five sources familiar with the terms of the program.

Persons: — Organizations: Reuters, astronautics, SpaceX, Service, National Reconnaissance Office, Business Locations: American

So, I decided to put eight lip plumpers to the test to finally narrow down which one(s) reigned supreme. However, the absolute best lip plumpers rightfully come from Too Faced, with its iconic formula on the market since 2025, with my favorite being the Lip Injection Extreme Lip Plumper for its lasting, full lip effect. Lauren Dana/InsiderAdvertisementThe winner: Too Faced Lip Injection Extreme Lip PlumperLauren Dana/Insider; AmazonToo Faced's Lip Injection Extreme Lip Plumper may be the most expensive lip plumper on this list, but trust me when I say it's well worth the splurge. AdvertisementRunner-up: Tarte Maracuja Juicy Lip PlumpLauren Dana/Insider; AmazonThe TikTok-approved Tarte Maracuja Juicy Lip Plump isn't your typical lip plumper, and I mean that in the best way possible. AdvertisementGrande Cosmetics GrandeLIPS Hydrating Lip Plumper GlossLauren Dana/Insider; Grande CosmeticsThe GrandeLIPS Hydrating Lip Plumper Gloss is among Grande Cosmetics' most popular products — and for good reason.

Persons: I've, Mario MoistureGlow, Lauren Dana, Acid Lauren Dana, —, It's, I'm Organizations: Business, Walmart, Mineral, Physicians, Cosmetics

☆ Britain shows off a laser weapon that could take out drones for as little as $13
▼ + stars: | 2024-03-14 | by ( Tom Porter | ) www.businessinsider.com time to read: +3 min

The UK has showcased its new laser weapon, DragonFire. Lasers could prove an effective new form of air defense against military drones. AdvertisementThe UK's Ministry of Defence has released new footage of its laser weapon DragonFire being tested. The UK's new laser weapon, DragonFire, in a video released in March 2024. A DragonFire laser takes out a drone in an animation sequence released by the UK MOD on March 11, 2024.

Persons: —, Iain Boyd Organizations: Ministry of Defence, Service, Defence, MoD, MOD, Royal Navy, Center for National Security, University of Colorado Locations: Scotland, China, Israel, Ukraine

☆ Nick Saban: Former football coach laments the current landscape of college sports
▼ + stars: | 2024-03-13 | by ( Kevin Dotson | Ben Morse | ) edition.cnn.com time to read: +4 min

CNN —Invited to speak at a roundtable discussion with a handful of US Senators on Capitol Hill Tuesday, former football coach Nick Saban spoke about how the current landscape of college athletics contributed to his decision to retire from the University of Alabama after the 2023 season. “All the things that I believed in for all these years, 50 years of coaching, no longer exist in college athletics,” Saban said at the roundtable, a video of which was posted online by Sen. Ted Cruz (TX). “I’m for student athletes being able to share in some of this revenue. Second, committ to work with their peer institutions in this subdivision to create rules that may differ from the rules in place for the rest of Division I. At the conclusion of the roundtable, Saban again expressed his worry for the future of college sports.

Persons: CNN —, Nick Saban, ” Saban, Sen, Ted Cruz, ” “, “, I’m, Saban, ”, “ I’m, couldn’t, Charlie Baker, Baker, IX, committ, it’s Organizations: CNN, Senators, Capitol, University of Alabama, Alabama, LSU, NCAA Division, NCAA Locations: Ted Cruz (, Division

☆ 'Olympics on steroids' CEO says they'll have stewards on call in case of overdosing athletes
▼ + stars: | 2024-03-12 | by ( Joshua Zitser | Rachel Hosie | ) www.businessinsider.com time to read: +4 min

Read previewThe CEO of the Enhanced Games — dubbed the "Olympics on steroids" — said there will be on-site stewards prepared to deal with any drug overdoses at the sporting event. "It's a risk-management framework," said Aron D'Souza, who founded the Peter Thiel-backed sporting event, in a conversation with Business Insider. The controversial sporting event, which organizers say could be held for the first time next year, is pushing the boundaries of what is acceptable in athletics. "The Enhanced Games promote themselves as the 'Olympics of the future' and state that they will 'pay athletes fairly,'" she told BI. But Backhouse said she is most concerned about the message the Enhanced Games sends to the next generation of athletes.

Persons: —, Aron D'Souza, Peter Thiel, that's, D'Souza, Sue Backhouse, Backhouse, D'Souza's Organizations: Service, Business, Doping Agency, Reuters, NFL, Carnegie School of Sport, Leeds Beckett University

☆ This veteran investor is buying 'old economy' stocks that are embracing AI
▼ + stars: | 2024-03-09 | by ( Pia Singh | ) www.cnbc.com time to read: +5 min

Tengler named several attractively valued stocks she called the "picks and shovels" of AI, including Emerson Electric , L3Harris Technologies , Visa , Walmart and McDonald's . These companies are expected to boast continued strong growth and stock performance, aided by AI, she said. "Generative AI is much more compelling of a story than then the internet was in many ways," in terms of fueling productivity and growth, Tengler said. Walmart, another of Tengler's top "old economy" AI plays, has gained 14.4% so far this year, double the broader market. "They've benefited from embracing not just robotics and digitization, but generative AI in their e-commerce business and in improving margins," Tengler said of Walmart.

Persons: Nancy Tengler, Tengler, Berenberg, Emerson, L3Harris, Seth Seifman, They've, they've Organizations: Investments, Nvidia, Meta, Emerson Electric, L3Harris Technologies, Visa, Walmart, Aerospace, Defense Department, JPMorgan, Broadcom, Amazon, Microsoft Locations: Arizona, Friday's, Melbourne , Florida

☆ Microsoft's senior executives targeted in Russian hackers' password spray attack
▼ + stars: | 2024-03-09 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +1 min

Russian state-backed hackers have been targeting Microsoft systems. The hackers infiltrated a small percentage of Microsoft's corporate email accounts. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementRussian state-backed hackers have been targeting Microsoft systems, the company announced in a blog update. In February, the Russian state-sponsored actor ramped up its attacks tenfold from January when a "large volume" of cybersecurity issues emerged.

Persons: —, ramped Organizations: Microsoft, Service, SEC, Business Locations: Russian, cybersecurity

☆ Applebee’s is shrinking. Its parent company may open joint restaurants with IHOP
▼ + stars: | 2024-03-06 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +3 min

Dine Brands Global is considering an Applebee’s and IHOP combination, according to an earnings call on February 28. Dine Brands is the parent company of both restaurant chains. Because of the cost to build an Applebee’s, Dine Brands is “assembling a prototype” for another option. The revenue for the joint restaurants could double that of the standalone restaurants, the company said in the earnings call. Combination locations allowed these restaurants, such as Auntie Anne’s and Cinnabon, to expand past malls and into busier streetside spots.

Persons: New York CNN —, Anne’s, Applebee’s, Paul Weaver, Carvel, Auntie Anne’s, ”, Brian Krause, John Peyton, Peyton Organizations: New, New York CNN, Bell, KFC, Dine, Dine Brands, AP, Focus Brands, Brands Locations: New York, Susquehanna, Selinsgrove , Pennsylvania, Cinnabon, Leon , Mexico, Mexico

☆ Amer Sports losses narrow as China sales fuel holiday-quarter revenue growth
▼ + stars: | 2024-03-05 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +5 min

In fiscal 2023, the company lost $208.8 million, but its losses narrowed from $230.9 million in fiscal 2022. Between 2020 and 2022, Amer grew sales in the region from 8.3% of total revenue to 14.8%. Sales in Greater China jumped by 45% and all three of the company's segments saw "solid growth." In 2023, sales in Europe, the Middle East and Africa represented about 33% of total revenue, down from 36% in 2022. North America made up about 39.5% of sales in 2023, down from 42.4% of sales in 2022.

Persons: Wilson, Amer, Salomon, Sellers, China's, Amer's, James Zheng, Zheng, it's Organizations: Amer Sports, New York Stock Exchange, Lousiville Slugger, CNBC, Wall, FountainVest Partners, Anamered Investments, Revenue Locations: Amer, New York City, U.S, China, Wilson, Louisville, Helsinki, Finnish, Greater China, Asia, Europe, East, Africa, North America, APAC

☆ A 4,000-year-old lipstick uncovered in Iran may be the oldest ever found. It's uncannily similar to modern ones.
▼ + stars: | 2024-03-05 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +5 min

Read previewA small stone tube found among the remains of a mysterious Bronze Age culture could be the oldest known example of lipstick. That could make it the earliest example of lip paint ever found. AdvertisementA colorised picture shows the mineral composition of the paste found inside the tube, which scientists say is similar to modrn-day lipstick. AdvertisementFor Baysal, it makes sense that red paste is similar to modern-day cosmetics that would have been found millenia in the past. She said, however, that more research will be needed before we can confidently call the stone tube a lip paint container.

Persons: —, Massimo Vidale, Vidale, Emma Louise Baysal, wasn't, Jiroft Organizations: Service, Business, University of Padua, al, Ankara University Locations: Iran's Jiroft, Italy, Egypt

☆ Telcos are barely done rolling out 5G networks — and they're already talking about '5.5G'
▼ + stars: | 2024-03-04 | by ( Ryan Browne | ) www.cnbc.com time to read: +10 min

And yet bosses of major carriers are already talking about building something called "5.5G," or "5G Advanced." Carriers in China, South Korea, the United States, and Europe, properly got underway with launches of 5G networks in 2019. 5G Advanced, or the name for the next stage of 5G, is the next evolution of mobile networks. 5G advanced — 5G standalone, that's absolutely fine. Telcos haven't yet revealed how much more a 5G Advanced data plan will cost compared with 5G.

Persons: Angel Garcia, it's, GSMAi, Milind Kulkarni, Howard Watson, 5.5G, Watson, execs, Mats Granryd, Granryd, Karen Tso, Telcos, Philip Song Organizations: Bloomberg, Getty, Spain — Telecom, Mobile, Congress, MWC, Deutsche Telekom, Telefonica, BT, Vodafone, Facebook, YouTube, Netflix, Apple, Apple Vision, Meta Quest, Telecommunications, 3GPP, CNBC, telco, Huawei, 5G, 5.5G Locations: BARCELONA, Spain, Barcelona, Orange, China, South Korea, United States, Europe, East, Asia Pacific, America

☆ How to turn off the feature on X that people are freaking out about
▼ + stars: | 2024-03-04 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

X made its calling feature available to all users last week. Without the proper settings, your IP address might be visible to other X users on a call. The calling feature is on by default, so you'll have to adjust it yourself if you want to change it. Disable calls on X altogetherYou can disable calls on X altogether or limit who's able to call you. According to X, users who turn on this feature will have their IP address masked when they're on a call.

Persons: X, —, Jordan Hart Organizations: Service

☆ Top Wall Street analysts recommend these 3 stocks for the long term
▼ + stars: | 2024-03-03 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +6 min

Wall Street analysts remain focused on the long-term prospects of stocks with solid growth potential. Here are three stocks favored by the Street's top analysts, according to TipRanks, a platform that ranks analysts based on their past performance. The revised outlook reflected net sales growth across regions in the holiday sales quarter, led by continued strength in the Americas. Tarlowe highlighted that Abercrombie & Fitch continues to gain market share both domestically and worldwide. Overall, the analyst sees further upside to ANF's market share, sales and earnings.

Persons: Goldman Sachs, Toshiya Hari, Hari, TipRanks, Corey Tarlowe, Fitch, Tarlowe, Hollister, Kate McShane, McShane Organizations: Wall Street, Nvidia, Data Center, Abercrombie, Fitch, Jefferies, Hollister, Walmart Locations: Americas, U.S, India, Mexico, Central America, China, TipRanks

☆ How a warming climate is setting the stage for fast-spreading, destructive wildfires
▼ + stars: | 2024-03-03 | by ( Laura Paddison | ) edition.cnn.com time to read: +7 min

This fire adds to an ever-lengthening list of rapidly spreading, destructive wildfires in the US and elsewhere. To understand why the Texas fires have been so fierce you have to look to last spring, said Luke Kanclerz, a fire analyst at Texas A&M Forest Service. It only took a short period of warm, dry weather for them to dry out further, providing a carpet for the fire to spread. Yuki Iwamura/AFP/Getty ImagesScientists are still working to understand what impact, if any, global warming is having on the winds that whip up wildfires. Research has found climate change is fueling the rapid intensification of hurricanes, pushing storms to explode at a deadly pace.

Persons: it’s, Cpl Marc, Andre Leclerc, ”, John Abatzoglou, Luke Kanclerz, Kanclerz, Mike Flannigan, Abatzoglou, “ There’s, ” John Nielsen, Gammon, Yuki Iwamura, Dora, Kaitlyn Trudeau, Trudeau, ” CNN’s Rachel Ramirez Organizations: CNN, United, European Union, Canadian Forces, Reuters, University of California, ”, Texas, M, Service, Texas Panhandle, University of Alberta, Getty, Climate Central, The Locations: United States, Maui, California, Paradise, Canada, Greece, Chile, Mistissini, Quebec, Merced, Texas, Hawaii, West Texas, Gammon , Texas, Lahaina, AFP, Hawaii’s, The Texas, Plains

☆ The American Dream is under siege
▼ + stars: | 2024-03-02 | by ( Matt Egan | ) edition.cnn.com time to read: +15 min

Parents of young children are making difficult choices to afford child care — or they’re opting to evade it by dropping out of the workforce altogether. Even as the inflation rate has cooled across the US economy, child care remains a sore spot for many families. The weekly price of day care for a toddler surged 9% in 2023, according to Care.com, a marketplace for child care. Of course, Allison is hardly alone in feeling like the American Dream has been more difficult — and expensive — to attain than imagined. “The American dream is being taken away from the younger generation by the housing affordability challenges,” said Lawrence Yun, chief economist at the National Association of Realtors.

Persons: Hana Husković, Price, Hana, Michelle, they'll, ” Hana, “, It’s, they’ll, ’ Allison Powell, Liam Kelly, ” Allison, Allison Powell, Corinne ., ”, Allison, I’ll, homebuyers, Lotfi Karoui, Goldman Sachs, Lawrence Yun, Yun, Priscilla Almodovar, Fannie Mae, ” Almodovar, that’s, Almodovar, they’d, Homebuilding, Mark Zandi, Biden, ” Lael Brainard, Brainard, ” Brainard, ‘, Rachael Gambino, Garrett Mazzeo, Rachael, Deborah Brunswick, John General, ” Rachael, won’t, they’ve, – Organizations: New, New York CNN, Bureau of Labor Statistics, Wall, CNN, Federal, Intercontinental Exchange, ICE, Bloomberg, Getty, Rust Belt, National Association of Realtors, North, NAR, That’s, Baby Boomers, Homeowners, Federal Reserve, Moody’s Analytics, White, National Economic Council, American, Target, Starbucks, Facebook Locations: New York, United States, Atlanta, Peachtree Corners , Georgia, Decatur, Decatur , Georgia, Carolina, Yugoslavia, Italy, Mexico, Oakland , California, Livermore, San Francisco, California, Los Angeles, San Diego, Francisco, Miami, Honolulu, Rust, Des Moines , Iowa, Dayton , Ohio, Cleveland , Ohio, Scranton , Pennsylvania, Los Angeles , California, North America, America, States, Lansdale , Pennsylvania, Philadelphia

☆ CEO of 'Olympics on steroids' says the Games will see 50-year-olds breaking world records, but 1 heart attack could 'destroy the whole thing'
▼ + stars: | 2024-03-01 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +4 min

Read previewThe CEO of the Enhanced Games said the competitive sporting event, dubbed the "Olympics on steroids" by some, will witness older athletes shattering world records. But Aron D'Souza cautioned in an interview with Business Insider that one meth-induced heart attack could "destroy the whole thing." D'Souza said record-breaking sporting feats would make the Enhanced Games "the dominant sporting event in the world." D'Souza also said that the Enhanced Games would try to push back against rule-breaking with financial incentives, like base salaries and health insurance. In a response to Coe's comments, the Enhanced Games said in a statement provided to BI that it showed that it had "hit a nerve."

Persons: —, Aron D'Souza, D'Souza, Peter Thiel, It's, they're, Lord Sebastian Coe, Lord Coe Organizations: Service, Business, Doping Agency, Reuters Locations: Australian

☆ Was John Singer Sargent also the first celebrity stylist?
▼ + stars: | 2024-03-01 | by ( Leah Dolan | ) edition.cnn.com time to read: +8 min

London CNN —In the spring of 1888, New York socialite Eleanora Iselin welcomed the portrait artist John Singer Sargent into her home, feverish over the question of what she would wear. Despite curating a selection of her best frocks, Eleanor Iselin was captured in her casual day dress at the insistence of Sargent. Working during the rise of haute couture, both Sargent and his subjects were living through a new dawn of fashion. Rachel was styled in a scrap of pink fabric which Sargent manipulated on canvas to become a dress. “Their work was ready-to-wear, using off the (rack) elements of portraiture, whereas with Sargent it always was bespoke.

Persons: Eleanora Iselin, John Singer Sargent, Eager, Iselin, “ Sargent, Eleanor Iselin, Sargent, It’s, James Finch, ”, —, Finch, Margaret Oliphant, Edith Wharton, Gretchen, Rachel Warren, Isabella Stewart Gardner, Rachel, Tate Britain “ He’s, ” Finch, “ He’s, ” Sargent, Sybil Sassoon, couturier Charles Fredrick Worth, Worth, Sassoon, ’ Reframing, Lily, Lily Rose ”, Sybil Sassoon’s, “, they’ve, Ellen Terry, Lady Macbeth, Jai Monaghan, Tate Britain ‘, Sargent’s Organizations: London CNN —, Fashion, Tate, of Art, Tate Britain, CNN, Boston’s Museum of Fine Arts, Fenway Court, Isabella Stewart Gardner Museum, of Fine Arts, Boston Museum of Fine Arts Locations: New York, Tate Britain, of Art , Washington, London, Scottish, Boston, Worth, Paris

☆ AIs are more accurate at math if you ask them to respond as if they are a Star Trek character — and we're not sure why
▼ + stars: | 2024-02-29 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +6 min

AdvertisementUsing AI to speak with AIMachine learning engineers Battle and Gallapudi didn't set out to expose the AI model as a Trekkie. Instead, they were trying to figure out if they could capitalize on the "positive thinking" trend. AdvertisementThis would suggest it's not only what you ask the AI model to do, but how you ask it to act while doing it that influences the quality of the output. Still, giving the models positive statements provided some surprising results. CBS via Getty ImagesThis doesn't mean you should ask your AI to speak like a Starfleet commanderLet's be clear: this research doesn't suggest you should ask AI to talk as if aboard the Starship Enterprise to get it to work.

Persons: —, chatbots, Rick Battle, Teja, Gallapudi didn't, it's, Gollapudi, Spock, Let's, Catherine Flick, Flick Organizations: Service, Star, VMware, Business, New, Machine, AIs, CBS, Getty, Enterprise, Staffordshire University Locations: California

☆ Stocks hate this one weird trick from the calendar
▼ + stars: | 2024-02-29 | by ( Krystal Hur | ) edition.cnn.com time to read: +5 min

New York CNN —Leap Day might seem like fun and games — until you consider Wall Street. To account for that gap, Julius Caesar in 45 BC decreed that an extra day be added every four years, leading to the Julian calendar. Pope Gregory XIII in 1582 AD created the Gregorian calendar, coined the term “leap year” and established February 29 as the official leap day. He adds that a leap day can also help marginally raise corporate earnings, since companies get an extra day in a fiscal quarter to operate. History shows that stocks tend to perform worse when an additional day is added to the calendar.

Persons: Julius Caesar, Pope Gregory XIII, Matt Weller, Weller, Dow, ”, “ Barbie ”, “ Oppenheimer, ’, Samantha Delouya, It’s, Read, Sam’s, Sam, Matt Egan, Banks Organizations: CNN Business, Bell, New York CNN, Dow Jones, Bulls, Research, AMC Entertainment, AMC, Treasury Department, CNN, Treasury Locations: New York, FOREX.com

☆ An act of generosity is one of the 'quickest and easiest ways to get happier'—here's why
▼ + stars: | 2024-02-28 | by ( Renée Onque | ) www.cnbc.com time to read: +3 min

Buying someone a coffee or holding the door open for the person behind you are examples of one of the simplest ways to increase your happiness: generosity. "One of the quickest and easiest ways to get happier is to be generous," Dan Harris said in a recent episode of his podcast, "Ten Percent Happier with Dan Harris." In some ways, that's the least interesting part of it," said Chris Anderson, curator of TED who spoke with Harris for his podcast. The scientific explanation behind that is that "we are wired to be generous," Anderson said. It's really, really true now, more so than it has ever been," Anderson said.

Persons: Ruth Gottesman, Gottesman, Dan Harris, Chris Anderson, Harris, Anderson, We've Organizations: Albert Einstein College of Medicine, Research, CNBC, Harvard, Nature Communications, TED, Cleveland

☆ AI is Uncle Sam’s new secret weapon to fight fraud
▼ + stars: | 2024-02-28 | by ( Matt Egan | ) edition.cnn.com time to read: +5 min

Starting around late 2022, the Treasury Department began using enhanced fraud-detection methods powered by AI to spot fraud, CNN has learned. Treasury’s AI-powered fraud detection recovered $375 million in fiscal 2023 alone, Treasury officials tell CNN, marking the first time Treasury is publicly acknowledging it is using AI to detect fraud. Instead, Treasury officials say the type of AI they are using falls more into the bucket of machine learning and Big Data. The goal is to move with such speed that anomalies are flagged and banks are alerted before fraudulent checks are ever cashed, Treasury officials said. Catching fraud in millisecondsAmiram Shachar, co-founder and CEO of cloud security startup Upwind, told CNN the federal government should “absolutely” use AI to detect fraud.

Persons: Sam, Sam’s, Fraudsters, Wally Adeyemo, ”, ” Shachar, Steph Curry Organizations: New, New York CNN, Treasury Department, CNN, Treasury, Data, Washington, Office, Business Administration, Social, Internal Revenue Service, IRS, Google, Facebook, Penny Jar, NBA, Mastercard Locations: New York, Banks, Washington, Hong Kong

☆ How the Media Industry Keeps Losing the Future
▼ + stars: | 2024-02-28 | by ( David Streitfeld | ) www.nytimes.com time to read: +1 min

If the career of Roger Fidler has any meaning, it is this: Sometimes, you can see the future coming but get trampled by it anyway. Thirty years ago, Mr. Fidler was a media executive pushing a reassuring vision of the future of newspapers. The digital revolution would liberate news from printing presses, giving people portable devices that kept them informed all day long. But the traditional media that Mr. Fidler was championing do not receive much benefit. Sometimes it is about recently formed digital enterprises, sometimes venerable publications whose history stretches back more than a century.

Persons: Roger Fidler, Fidler

☆ Wendy's New Dynamic Pricing Plan Isn't As Crazy As It Sounds
▼ + stars: | 2024-02-28 | by ( Emily Stewart | ) www.businessinsider.com time to read: +7 min

Knee-jerk reaction and poor messaging aside, dynamic pricing isn't really novel and may actually make some sense. Platforms such as Ticketmaster often use dynamic pricing models for concerts and sporting events. While dynamic pricing may have a long history and other fast-food chains may be watching with interest, Wendy's may have doomed its own experiment. AdvertisementWhen people think of dynamic pricing, they think of Uber and airlines. "When people think of dynamic pricing, they think of Uber and airlines.

Persons: Wendy's, it's, Kirk Tanner, aren't, John Shearer, Sean Dunlop, Jonathan Maze, Uber, they're, Dunlop, what's, doesn't, —, Biggie, Emily Stewart Organizations: Ticketmaster, Morningstar, Business, CNN, Wendy's Locations: —

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