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☆ Tottenham and NFL extend partnership through 2029-30 season
▼ + stars: | 2023-09-14 | by ( ) www.reuters.com time to read: +2 min

Tottenham first hosted NFL fixtures in October 2019, a year later than planned due to delays with the stadium's construction. Tottenham Hotspur Stadium, the only stadium purpose-built for NFL games outside of the United States, has already hosted 12 of the league's 32 teams and will be given official status as the "Home of the NFL in the UK." "Growing the game globally is a major strategic priority for the league," NFL Commissioner Roger Goodell said in a joint news release. "Our commitment to Tottenham Hotspur Stadium will allow us to continue to bring extraordinary NFL experiences to fans in London, while creating a positive social and economic impact on the local community." "Our partnership with the NFL has been integral to our wider vision for the stadium and delivering a sports and entertainment destination in London," said Tottenham Chairman Daniel Levy.

Persons: Kirby Lee, Roger Goodell, Daniel Levy, Frank Pingue, Pritha Sarkar Organizations: New Orleans Saints, Minnesota Vikings, Tottenham Hotspur, USA, Premier League, National Football League, Tottenham, Tottenham Hotspur Stadium, NFL, Buffalo Bills, Jacksonville Jaguars, Baltimore Ravens, Tennessee Titans, Thomson Locations: London, United Kingdom, United States, Toronto

☆ Taiwan blasts Elon Musk over latest China comments
▼ + stars: | 2023-09-14 | by ( ) www.reuters.com time to read: +2 min

"Their (Beijing's) policy has been to reunite Taiwan with China. Taiwan Foreign Minister Joseph Wu, in a post on X late Wednesday, responded that he hoped Musk could ask China to "open @X to its people". China blocks X, along with other major Western social media like Facebook. This is not the first time Musk, whose Tesla had a large factory in Shanghai, has riled Taiwan. Last October, he suggested that tensions between China and Taiwan could be resolved by handing over some control of Taiwan to Beijing, drawing a similarly strong reprimand from Taiwan.

Persons: Elon Musk, waded, Joseph Wu, Ukraine's, Wu, Taiwan's, Tesla, Ben Blanchard, Stephen Coates Organizations: YouTube, U.S . Pacific Fleet, Taiwan, Facebook, Russia, Thomson Locations: TAIPEI, Taiwan, China, Beijing, Taipei, Los Angeles, Hawaii, Sevastopol, People's Republic of China, Shanghai

☆ CNBC Daily Open: Don’t worry about August’s hotter-than-expected CPI
▼ + stars: | 2023-09-14 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Core inflation, which excludes food and energy prices, was up 4.3% on the year and 0.3% on the month. Chinese developers "were able to borrow liberally from shadow banks," a researcher said, which pushed up land prices and housing costs. Read what four analysts have to say about the risks and benefits of buying Arm shares.

Persons: it's, Softbank, Elon Musk Organizations: Labor, CNBC, Dow Jones, Japan's Nikkei, Elon, Taiwan's Ministry of Foreign Affairs Locations: Beverly Hills , California, Asia, Pacific, China, Taiwan, Hawaii

☆ Why has Ukraine stepped up its strikes on occupied Crimea?
▼ + stars: | 2023-09-14 | by ( Christian Edwards | ) edition.cnn.com time to read: +5 min

CNN —Ukraine has ramped up missile and drone strikes on occupied Crimea in recent weeks, as it attempts to land both strategic and symbolic blows against Russian forces that annexed the peninsula in 2014. The next night, Russian air defenses shot down 11 Ukrainian drones over Crimea, according to the Russian Ministry of Defense. The shift in focus to Crimea occurred after Russia allowed the Black Sea Grain Initiative to lapse in July. Russia’s Black Sea Fleet has since resumed its blockade of Ukraine’s ports, preventing vital grain exports and threatening global food security. Symbolic valueYet the strikes on Crimea also have huge symbolic value and are intended to damage Russian President Vladimir Putin’s prestige.

Persons: Russia –, Russia’s, Vladimir Putin’s, “, Putin, Marilyn Monroe, Vasyl Maliuk, ”, Stringer, Rybar Organizations: CNN, Russian, Kyiv, Russian Ministry of Defense, Fleet, Kremlin, Russia, Security Service, Reuters, Ukraine’s Air Force Locations: Ukraine, Crimea, Russian, Sevastopol, Ukrainian, Kerch, Russia, Odesa, ” Russia, Europe, Novorossiysk, United Kingdom, France

☆ Once upon a time, the 'Disney adult' was ridiculed. Now, kidless millennials and Gen Z-ers with money to burn are packing into the parks — here's how Disney is winning them over.
▼ + stars: | 2023-09-14 | by ( Reed Alexander | ) www.businessinsider.com time to read: +22 min

Newlyweds Natalie and Brett Schwartz exchanged vows at Walt Disney World in Orlando this summer. "Our approach was to shine a light on the beautiful tapestry of people that come to Walt Disney World," Trejo said. Francis Dominic, the former parks worker turned influencer, has also been tapped to promote Disney parks and films. It's a difficult tightrope to navigate, but it could define the future of Disney parks. Are you a Disney parks or Walt Disney Co. insider?

Persons: Sarah Rachul, I'm, Rachul, Orlando —, —, Molly May, Francis Dominic, Dominic, who's, Taylor, Ron DeSantis —, Japan pavilion's Takumi, Jonathan de Araujo, it's, Tara Goldstein, Ann van Oostendorp, Disney, Van Oostendorp, Natalie Schwartz, Brett, Schwartz, Sierra Keller's, Keller, Natalie, Brett Schwartz, Jason Petrina, he's, Disney's, He's, They're, Petrina, Mickey, Chris Evans, Zoe Saldaña, What's, Wan Kenobi, Emperor Palpatine, she'd, welling, haven't, Neph Trejo, Walt, " Trejo, It's, Halle Bailey, Kent Phillips, Gaston, Jeremy Singh, I'd, Singh couldn't, he'd, Singh, they're, Patrick Dougall, Mark Eades, Eades, we've, Amanda Krause, Reed Alexander Organizations: Walt Disney, Epcot, Disney Vacation, Disney, Mouse, Disneyland, Disney Parks, Walt Disney Co, Florida Gov, Universal, Guardians, Galaxy, University of Tampa, Disney World, Honeymooners, Star Wars, Marvel, Magic, Cafe Orleans, Disney World's Hollywood Studios, Hollywood Studios, Star, Gucci, Dooney, Animal, Dole, Walt Disney World's, ABC, Getty, Management, Disney Imagineer, Disneyland Alumni Locations: Ohio, Disney, Orlando , Florida, Anaheim , California, Italy, China, Tuscany, Orlando, Florida, Disneyland Paris, Tokyo, Japan, Epcot, California, Anaheim, Belle Terrace, Hollywood

“Listen up, Taiwan is not part of the PRC [and] certainly not for sale!” Taiwan Foreign Minister Joseph Wu said in a Wednesday statement on X, formerly known as Twitter, referring to the country by its official name, the People’s Republic of China. Joseph Wu is Taiwan's foreign minister. China tiesMusk’s comments were made in response to a question about the challenges faced by American businesses in China. In recent years, some Chinese government ministries have banned the company’s vehicles from entering their premises over purported security fears. In Taiwan, Tesla has a sales and charging network.

Persons: Elon Musk, ”, “, Joseph Wu, Sam Yeh, Wu, Musk, ” Musk, Tesla’s, ” Tesla, BYD, Tesla Organizations: Hong Kong CNN — Taiwan’s Ministry of Foreign Affairs, US Pacific Fleet, Communist, Taiwan, Getty, CCP, Chinese Communist Party, Musk Locations: Hong Kong, China, Summit, Los Angeles, United States, Taiwan, Hawaii, Beijing, PRC, People’s Republic of China, AFP, Shanghai

☆ Elon Musk was rebuked by Taiwan after appearing to defend the one-China policy: 'Listen up, Taiwan is not for sale'
▼ + stars: | 2023-09-14 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

Elon Musk compared Taiwan to Hawaii, suggesting it was "an integral part of China." The Tesla CEO met with China's foreign minister during a trip to the country in May. During a virtual appearance at the All-In Summit while onboard his private jet, Musk explained how Beijing's "policy has been to reunite Taiwan with China." AdvertisementAdvertisementElon Musk met with Chinese Foreign Minister Qin Gang in May. "If one is to take China's policy recently, and probably one should, then force will be used to incorporate Taiwan into China," he added.

Persons: Elon Musk, Elon, Musk, Joseph Wu, Hope @elonmusk Organizations: Service, US Pacific Fleet, CCP, 外交部 Ministry of Foreign Affairs, ROC Locations: Taiwan, Hawaii, China, Wall, Silicon, Russia

CNN —Ukraine has identified the ships hit in its attack against a Russian naval base in occupied Crimea, claiming the vessels are beyond repair. On Wednesday, Andrii Yusov, a representative of the Defense Intelligence of Ukraine, said the landing ship Minsk and the submarine Rostov-on-Don had been destroyed in the attack. A satellite image shows Sevastopol after a Ukrainian missile attack in Crimea on September 13, 2023. Smoke rises from the shipyard that was hit by a Ukrainian attack in Sevastopol, Crimea, on September 13, 2023. A day after the Sevastopol attack, Ukraine carried out another operation, attacking two ships in the early hours of Thursday morning.

Persons: Andrii, Don, Yusov, Sergei Kotov, ”, Volodymyr Zelensky, Dmytro Kuleba Organizations: CNN, Defense Intelligence, BlackSky, Reuters Kyiv, Ukraine’s General Staff, The Defense Intelligence, The General Staff, Russia’s Defense, “, United Nations, Fleet, European Commission, European Union, Ukrainian, Commission Locations: Ukraine, Russian, Crimea, Sevastopol, Minsk, Rostov, Ukrainian, Russia, Crimean, Turkey, Moscow, Europe, Bulgaria, Hungary, Poland, Romania, Slovakia

☆ Arm’s $52 bln IPO value sets stage for a fall
▼ + stars: | 2023-09-14 | by ( Karen Kwok | ) www.reuters.com time to read: +4 min

Arm’s IPO investors are effectively paying a slight premium while also betting that both growth and profitability are about to soar. Haas could then charge higher royalty rates. In the last calendar year, the company estimated that its royalty revenue equated to 1.7% of total worldwide spending on Arm-based chips. It’s not clear how many important Arm customers like Apple (AAPL.O), Nvidia (NVDA.O) and Samsung Electronics (005930.KS) have agreed to pay higher royalty rates. Nor will rising royalty rates necessarily compensate for possibly ongoing sluggish sales of smartphones, its key historic market.

Persons: Rene Haas, Haas, It’s, SoftBank, Liam Proud, Sharon Lam Organizations: Reuters, SoftBank Group, Cadence Design Systems, Apple, Nvidia, Samsung Electronics, Reuters Graphics Reuters, Thomson Locations: KS, British, New York

☆ Taiwan slams Elon Musk, says it's 'not for sale' nor part of China
▼ + stars: | 2023-09-14 | by ( Lee Ying Shan | ) www.cnbc.com time to read: +1 min

Taiwan is "not for sale," and neither is it part of China, said Taiwan's Ministry of Foreign Affairs, in a rebuke to Elon Musk who called the island "an integral part of China." "Listen up, Taiwan is not part of the PRC and certainly not for sale!" PRC refers to the People's Republic of China, the official name of China. Taiwan has been governed independently of China since the island split from the mainland in a civil war in 1949. Musk, the CEO of X, SpaceX, as well as electric car maker Tesla , went on to say: China's policy "has been to reunite Taiwan with China.

Persons: Elon Musk, Tesla, Joseph Wu, Musk, I've Organizations: Senate, Artificial Intelligence, Capitol, Ministry of Foreign Affairs, Foreign, Twitter, SpaceX, CNBC Locations: Washington , DC, Taiwan, China, People's Republic of China, Los Angeles, Beijing, Hawaii

☆ Snowflake CEO says people will soon not be able to remember a world without AI
▼ + stars: | 2023-09-11 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Frank Slootman, CEO of data storage and analytics company Snowflake , likened artificial intelligence to search engines, saying that soon many may not remember a world without it. "I've lived long enough that I remember what the world was like before search ... search changed everything," Slootman said. "People will not be able to remember a world before AI pretty soon because it becomes so integral to their life experience." However, he also noted that the hype around generative AI doesn't mean much to big data companies. We've been infatuated with using generative AI for "planning our next trip to Yellowstone and summarizing 'The Great Gatsby' — but "that's not what enterprises do," he said.

Persons: Frank Slootman, I've, Slootman, Snowflake, We've Locations: Yellowstone

☆ World leaders visit Mahatma Gandhi's memorial as the G20 comes to a close
▼ + stars: | 2023-09-10 | by ( Rhea Mogul | ) edition.cnn.com time to read: +4 min

Indonesia's President Joko Widodo, India's Prime Minister Narendra Modi and US President Joe Biden at the Mahatma Gandhi memorial at Rajghat in New Delhi on September 10, 2023. When India won its independence from the British in 1947, right-wing Hindu nationalists rallied for the carving of British India into two separate states: Hindu-majority India and Muslim-majority Pakistan. Gandhi, on the other hand, was against the country’s partition, instead advocating for a united India of all faiths. At the same time, the BJP and its supporters have been accused of downplaying the legacy of India’s first prime minister, Jawaharlal Nehru, a longtime Gandhi admirer and ally. Modi has condemned Godse’s worship and continuously praised and paid his respect to Gandhi, both inside and outside of India.

Persons: CNN — Narendra Modi’s, Mohandas K, Gandhi, India’s, Modi, Joe Biden, Rishi Sunak, ” Modi, Joko Widodo, Narendra Modi, Kenny Holston, Nathuram Godse, Jawaharlal Nehru, Godse’s, Mahatma Gandhi, ”, Gandhi Ji Organizations: CNN, British, India's, Getty, Bharatiya Janata Party, BJP, Rashtriya Swayam Sangh, India, RSS Locations: New Delhi, Gujarat, India, Rajghat, Pakistan

☆ After Her Husband Died, She Found a Creative Way to Move Forward
▼ + stars: | 2023-09-08 | by ( Tim Mckeough | ) www.nytimes.com time to read: 1 min

When her husband, Ashton B. Carter, the former defense secretary under President Barack Obama, died of a heart attack at home last October, Stephanie Carter was left with many questions about the future. But one thing she knew right away: She no longer wanted to live in the three-bedroom rental in Boston where it happened. “I knew immediately I did not want to be in that apartment,” Ms. Carter, 54, said. “I think people underestimate — or, at least, I did before this — how much grief, loss and trauma inhabit your physical space,” she said. “We don’t think about how our physical surroundings can really be so integral to how we’re feeling.”

Persons: Ashton B, Carter, Barack Obama, Stephanie Carter, “, ” Ms, ” Locations: Boston

“They just come and say ‘vote.’ So people vote,” Baska told CNN. “Here, when you buy a SIM card for your phone, you immediately get an SMS from the Ministry of Internal Affairs and United Russia Party,” Baska said. The text messages carry pro-Kremlin messaging, informing voters that “about 90% of voters are ready to vote for Yedianaya Rossiya (United Russia),” or that “United Russia is helping Zaporizhzhia region,” she added. Guerrilla activity by Ukrainian partisans has taken place but is more difficult to achieve now, Baska told CNN. ‘Nothing to do with democracy’Few residents in Melitopol are interested in the bogus elections taking place, Baska told CNN.

Persons: ”, Alexander Ermochenko, ” Baska, Yedianaya Rossiya, ’, Vladimir Putin’s, “, Jens Stoltenberg, Baska, Melitopol, …, Republic Denis Pushilin, Yuriy Sobolevskyi, ” Sobolevskyi Organizations: CNN, Communist, National Resistance Center, Ministry of Internal Affairs, United Russia Party, Kremlin, “, NRC, Ukrainian Ministry of Foreign Affairs, of, NATO, Yale Humanitarian Research, United Russia, Russian, Russian Guard Locations: Melitopol, Ukrainian, Russian, Russia, Ukraine, Moscow, United Russia, Donetsk, Zaporizhzhia, Kherson, Luhansk, Kyiv, of Europe, ”, Mariupol, Crimea, Republic

☆ Kroger and Albertsons sell 400 stores to Piggly Wiggly’s parent company
▼ + stars: | 2023-09-08 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +4 min

New York CNN —Kroger and Albertsons are selling roughly 400 stores to Piggly Wiggly’s parent company in an attempt to win antitrust approval for the mega merger between the grocery stores. C&S, a privately held company, operates 500 grocery stores under the Piggly Wiggly and Grand Union banners and is also a major grocery wholesaler. On Friday, Kroger reported $33.85 billion in revenue for the second quarter, slightly under analyst estimates of $34.63 billion. Company executives said part of the quarterly loss related to economic headwinds, organized retail theft and opioid settlement payments. The largest to date is a $26 billion settlement involving several companies that began paying out last year and continues for 18 years.

Persons: New York CNN —, ” Kroger, ”, Mark McGowan, Kroger Organizations: New, New York CNN, New York CNN — Kroger, Albertsons, S Wholesale Grocers, Union, Walmart, Costco, Aldi, ., Kroger Locations: New York, Arizona , California, Colorado, Wyoming, Amazon, Aldi, Dixie, ” State

A vessel carrying liquefied natural gas (LNG) cargo from Russia's Yamal LNG project, is seen at Rudong LNG Terminal in Nantong, Jiangsu province, China July 18, 2018. The key word Simonelli used is "destination," as it implies that LNG and natural gas are in the energy mix for a long time to come. The second bet is that the LNG industry will be able to convince government policymakers, companies and consumers that their fuel is better than the dirtier alternative of coal-fired generation. Overall, the industry is probably correct that energy demand, especially in Asia, is going to rise strongly in coming decades. But the LNG industry will also need to have policy settings just right and deploy technologies at a scale not yet seen to remain in the energy mix in a net-zero world.

Persons: Stringer, Lorenzo Simonelli, Baker Hughes, Jamie Freed Organizations: REUTERS, Rights, LNG, CCS, Reuters, Thomson Locations: Nantong, Jiangsu province, China, Rights SINGAPORE, Singapore, Asia, Gastech, Vietnam, India

☆ Chains Move Up in the World
▼ + stars: | 2023-09-07 | by ( Nazanin Lankarani | ) www.nytimes.com time to read: +1 min

Chains, a foundational element of jewelry design, have been integral to crafting ornaments for as long as humans have been making interlocking rings to adorn our bodies. As Otto Jakob, a German master jeweler, said: “Chains are an archetype in jewelry, and they tell a symbolic and universal story with their own alphabet.”Evolving from Babylonian loop-in-loop techniques to the opulent pieces worn by medieval kings, from Coco Chanel’s gracefully draped chains to the chunky links embraced by rappers, chains have enjoyed an enduring appeal as a cornerstone of jewelry craftsmanship. This year, chains have been bold elements in both high jewelry and fine jewelry lines, reimagined as stand-alone pieces or pulling double duty to carry a pendant. Showcasing the artistry and imagination of their designers, these well-crafted pieces have gone from supporting to starring roles, becoming focal points in collections.

Persons: Otto Jakob, Coco Chanel’s Locations: German

☆ Exclusive: Musk-owned X's content moderation shift complicated effort to win back brands -former exec
▼ + stars: | 2023-09-07 | by ( Sheila Dang | ) www.reuters.com time to read: +5 min

'X' logo is seen on the top of the headquarters of the messaging platform X, formerly known as Twitter, in downtown San Francisco, California, U.S., July 30, 2023. "I didn't always have access to other people who were doing (brand safety) work," he said of his time at Twitter. Before acquiring Twitter, Musk had criticized the platform for limiting free speech by removing certain content and having a politically liberal bias. Still, Brown said he felt supported in his brand safety work by Musk and Ella Irwin, Twitter's then-head of trust and safety, who resigned days before Brown. FALLING REVENUEOn Monday, Musk said X's declining ad revenue was primarily due to pressure from the Anti-Defamation League (ADL).

Persons: Carlos Barria, AJ Brown, Musk, Linda Yaccarino, Brown, NBCUniversal, Ella Irwin, Twitter's, AJ, Jonathan Greenblatt, X, Sheila Dang, Kenneth Li Organizations: REUTERS, Elon Musk, Twitter, Brand Safety Institute, BSI, Kroger, Defamation League, Anti, Defamation, ADL, Center, X, Thomson Locations: San Francisco , California, U.S, Dallas

☆ Armenia says it will stage joint military exercise with US next week
▼ + stars: | 2023-09-06 | by ( ) www.reuters.com time to read: +1 min

Sept 6 (Reuters) - Armenia said on Wednesday it would host a joint military exercise with the United States next week, a development likely to irritate Russia. The Armenian Defence Ministry said the purpose of the Sept. 11-20 "Eagle Partner 2023" exercise was to prepare its forces to take part in international peacekeeping missions. Russia has a military base in Armenia and sees itself as the pre-eminent power in the South Caucasus region, which until 1991 was part of the Soviet Union. It maintains a peacekeeping force in the region to uphold an agreement that ended a war between Armenia and Azerbaijan in 2020, the second they have fought since the Soviet collapse. "Russia plays a consistent, very important role in stabilising the situation in this region ... and we will continue to play this role."

Persons: Nikol Pashinyan, Dmitry Peskov, Pashinyan's, Mark Trevelyan, Christina Fincher Organizations: United, Armenian Defence Ministry, Eagle, Thomson Locations: Armenia, United States, Russia, U.S, South Caucasus, Soviet Union, Azerbaijan, Soviet, Italian, Ukraine

☆ Armenia to exercise with US troops next week, Russia voices concern
▼ + stars: | 2023-09-06 | by ( ) www.reuters.com time to read: +2 min

Sept 6 (Reuters) - Armenia said on Wednesday it would host a joint military exercise with the United States next week, a development that Russia said was cause for concern. The Armenian Defence Ministry said the purpose of the Sept. 11-20 "Eagle Partner 2023" exercise was to prepare its forces to take part in international peacekeeping missions. Russia has a military base in Armenia and sees itself as the pre-eminent power in the South Caucasus region, which until 1991 was part of the Soviet Union. Armenian Prime Minister Nikol Pashinyan said in a weekend interview with an Italian newspaper that Russia had failed to protect Armenia against what he called continuing aggression from Azerbaijan. "Russia plays a consistent, very important role in stabilising the situation in this region ... and we will continue to play this role."

Persons: Dmitry Peskov, Nikol Pashinyan, Peskov, Pashinyan's, Mark Trevelyan, Andrew Osborn, Alexandra Hudson Organizations: United, Armenian Defence Ministry, Eagle, Kansas National Guard, Alexandra Hudson Our, Thomson Locations: Armenia, United States, Russia, U.S, South Caucasus, Soviet Union, Azerbaijan, Soviet, Italian, Ukraine

☆ Pipeline operator Enbridge Inc will buy three natural gas utilities from Dominion Energy for $9.4 billion
▼ + stars: | 2023-09-05 | by ( Samantha Delouya | ) edition.cnn.com time to read: +1 min

CNN —Canadian pipeline operator Enbridge Inc. announced Tuesday that it plans to acquire three gas distribution companies from Dominion Energy. The deal is valued at $14 billion, including $9.4 billion in cash and $4.6 billion in debt, and will create North America’s largest natural gas utility platform, according to Enbridge. Enbridge will buy three of Dominion’s gas utilities: The East Ohio Gas Company, Public Service Company of North Carolina, Incorporated, and Questar Gas Company, which serve about 3 million homes and businesses. “Adding natural gas utilities of this scale and quality, at a historically attractive multiple, is a once in a generation opportunity,” Enbridge CEO Greg Ebel said in a statement. “These businesses and employees have been an integral part of the Dominion Energy team, which is why we approached this decision with careful and deliberate consideration,” Dominion Energy CEO Robert Blue said in a statement about the company’s agreement with Enbridge.

Persons: Enbridge, ”, Greg Ebel, Dominion, Warren Buffett’s, Robert Blue Organizations: CNN, Canadian, Enbridge Inc, Dominion Energy, Dominion, East Ohio Gas Company, Public Service Company, Questar Gas Company, Warren, Warren Buffett’s Berkshire Hathaway Energy, ” Dominion Energy, Enbridge Locations: Enbridge, Richmond , Virginia, Calgary, Canada, United States, North Carolina

☆ Cash in or lose out: Banks are turning to AI, cloud computing, and Web3 to gain competitive advantage and customer loyalty
▼ + stars: | 2023-09-05 | by ( Nicholas Fearn | ) www.businessinsider.com time to read: +11 min

AI and cloud tech are giving some banks an edge over competitors and enticing brand loyalty. Traditional banks that ignore this reality risk losing loyal customers to digital banks that have emerged over the past few years, research suggests. Digital transformation is a must for banksWith online banking now the norm, digital transformation is no longer optional for banks. Legacy banking systems were not designed to provide the banking experience that people expect today," she said. As a result, banking customers and employees can view transactions in real time and deliver "a more seamless and personalized experience" for all stakeholders, she added.

Persons: Banks, Victoria Newton, Newton, Laura Merling, Merling, Jay Venkateswaran, WNS, Eno, Goldman Sachs, Nigel Vaz, Publicis, Publicis Sapient Nigel Vaz, Venkateswaran, Vaz, James Whybrow Organizations: Service, Starling Bank, Arvest Bank, Banking, Capital One, Microsoft, Bank of America, Amazon Web Services, Google, Economist Intelligence Unit, Arvest, Software AG, Software Locations: Wall, Silicon, It's, Starling, WNS, Morgan

☆ How private equity giants like Apollo and EQT are using the cloud to improve dealmaking, boost portfolio companies, and tap into AI
▼ + stars: | 2023-09-05 | by ( Bianca Chan | ) www.businessinsider.com time to read: +5 min

Here's how Apollo and EQT use Google Cloud to improve themselves and their portfolio companies. The cloud represents big cost savings and efficiency gains among portfolio companies; for example, buyout firm THL migrated one of its portfolio companies to the cloud to save 50% on annual IT infrastructure costs. PE firms benefit from having their data — and their portfolio companies' data — in one place to gain better business insights and check out opportunities. Using cloud to improve portfolio companies and investment firms themselvesBoosting employee productivity with the cloud and AI is top of mind for Apollo's Mahidhar. Google Cloud's tech talent has also helped Swedish PE giant EQT speed up cloud projects among portfolio companies.

Persons: Vikram Mahidhar, THL, Mahidhar, Carl, Magnus Hallberg, execs, Adaire Fox, Martin, Hallberg, Apollo's Mahidhar, it's, —, Zac Maufe, Maufe, it'll, Fox Organizations: Apollo Global Management, Apollo, Google, KKR Locations: EQT, Swedish

☆ Celebrity florist Jeff Leatham is in full bloom
▼ + stars: | 2023-09-04 | by ( Emily Kirkpatrick | ) edition.cnn.com time to read: +9 min

In his latest book, “The Art of the Flower,” Leatham returns to some of those signature, emotive moments. Weldon Owen/The Art of the Flower Forsythia branches and phalaenopsis orchids arranged in the lobby of the Four Seasons Philadelphia. Weldon Owen/The Art of the Flower Roses, hydrangeas, and leather leaf installed around a chapel at a private wedding in Texas. Weldon Owen/The Art of the Flower Pictures: Jeff Leatham in full bloom Prev NextLeatham’s floral designs don’t just take you into the past, they make a definitive imprint on the present. Weldon Owen/The Art of the FlowerWell, my relationship started with her mom, Kris Jenner.

Persons: Jeff Leatham, florals, Kardashian, Jenner, —, France’s Chevalier, Leatham, Weldon Owen, Kim Kardashian, Philadelphia . Weldon Owen, There’s, Ross Harvey Weldon Owen, ”, George V, Styles, Flowers, Karl Lagerfeld, Lee McQueen, Tom Ford, Marc Jacobs, Louis Vuitton, McQueen, Kris Jenner, she’s, Kimberly, She’s, They’re, Kim, It’s Organizations: CNN, Philadelphia, George V Hotel, Pictures, George Locations: Beverly Hills, Paris, Texas, New York, Palm Beach , Florida, Woodstock, England, —

☆ Continental integrates Google Cloud into vehicle cockpit
▼ + stars: | 2023-09-04 | by ( ) www.reuters.com time to read: +1 min

A man walks by the logo of German company Continental, one of the world's largest automotive suppliers, at its new plant in Aguascalientes, Mexico March 4, 2021. REUTERS/Fernando Carranza/File Photo Acquire Licensing RightsMUNICH, Sept 4 (Reuters) - Continental (CONG.DE) will integrate Google Cloud services into its vehicle cockpit system, the company said on Monday, enabling drivers to ask the vehicle for assistance such as context on nearby sights or information on the vehicle while driving. Technology companies from Google to Apple and Amazon are in a race to control carmakers' dashboards as software becomes an integral part of car design. Carmakers including General Motors, Renault, Nissan and Ford use embedded Google technology via a Google Automotive Services (GAS) package, offering features like Google Maps, Google Assistant and other applications, while others are integrating only a portion of Google's services into their cars. Reporting by Victoria Waldersee; editing by Matthias WilliamsOur Standards: The Thomson Reuters Trust Principles.

Persons: Fernando Carranza, Victoria Waldersee, Matthias Williams Organizations: Continental, REUTERS, Rights, Google, IAA, Technology, Apple, General Motors, Renault, Nissan, Ford, Google Automotive Services, Thomson Locations: Aguascalientes, Mexico, Munich, Germany

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