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☆ Fact check: Trump and Vance keep falsely describing how tariffs work
▼ + stars: | 2024-09-09 | by ( Katie Lobosco | ) edition.cnn.com time to read: +8 min

Washington CNN —Former President Donald Trump and Republican vice presidential nominee Sen. JD Vance continue to falsely describe how one of their major policy proposals, across-the-board tariffs, would work. Trump has falsely, and repeatedly, claimed that China – not US importers – pay the tariff. Facts First: Trump and Vance’s claims about how tariffs work are false. Together, the price increases cost consumers more than $1.5 billion during the first year the tariffs were in place. It’s true that after Trump imposed tariffs on foreign-made steel, some American steel companies reopened mills and created new jobs.

Persons: Donald Trump, Sen, JD Vance, Trump, Kamala Harris, ” Trump, “, ” Vance, ” “, ”, Erica York, Joe Biden, Rick Muskat, Howard Gleckman, Jeff Ferry, Ferry Organizations: Washington CNN, Republican, Democratic, Fox News, Trump, Tax, US, US International Trade Commission, US Treasury, US Customs, Protection, Deer Stags, CNN, Brookings Tax, Coalition for, Prosperous, Tax Foundation, China Business Locations: China, Arizona, Wisconsin, American, United States, South Korea, Mexico, Prosperous America

☆ The plot to topple Putin
▼ + stars: | 2024-09-09 | by ( Paul Starobin | ) www.businessinsider.com time to read: +32 min

But it was only when Putin launched his full-scale invasion of Ukraine , in 2022, that Ammosov began to plot the overthrow of his homeland. As I found in months of wide-ranging interviews, everyone aspiring to a new Russian revolution grasps the seemingly impossible odds of their bid to topple Putin. Ponomarev — who was profiled last year in The Washington Post under the headline "Could this man bring down Putin?" Most applicants live in Russia, Sokolov tells me, but submissions have come from as far away as Uruguay. "I know a lot of good officers" in the CIA, Ponomarev told me, who "sympathize" with the anti-Putin insurgency.

Persons: Vladislav Ammosov, Ukraine —, Ammosov, wondrously, Vladimir Putin, Putin, Simona Supino, Alexey Navalny —, Ilya Ponomarev, Ponomarev —, —, Sean Guillory, Denis Sokolov, Sokolov, Galina Starovoytova, Anastasia Sergeeva, Sergeeva, Valter, Putin —, Tatiana Kosinova, Yelena Bonner, Itil, Boris Nemtsov, Nemtsov, Vladimir Lenin, specter, NurPhoto, Lenin, Leon Trotsky, Mao Zedong, Fidel Castro, Boris Akunin, Ponomarev, Trotsky, Mao, Castro, Alexei Sobchenko, Sergei Chuzavkov, Ilya Ponomarev Ponomarev, Michał Kamiński, Kosinova, Pavel Ivanovich Chichikov, Nikolai Gogol's, . Barnum, Bernie, Madoff, Donald, Leonid Nevzlin, Mikhail Khodorkovsky, Navalny, King George III, Khodorkovsky, Garry Kasparov, Putin's, Andrey Volna, Brian Fitzpatrick, Charlie Wilson's, Tom Hanks, Philip Seymour Hoffman, Daniel Fried, William Burns, Fried, Biden, We're, Evgenia, it's Organizations: Putin, Ukrainian, Russian Federation, The Washington Post, University of Pittsburgh, Civic Council, Kennan, Wilson Center, GRU, Russia, BI, International Republican Institute, CIA, Kremlin, Russian, Memorial, Soviet Union, of America, Civic, Ukraine's Ministry of Defense, Russian Volunteer Corps, European, Human Rights, Siberian Battalion, Ammosov, Ukrainian Armed Forces, Putin's Defense Ministry, True, Bolsheviks, of Russia Legion, People's Deputies, State Department, Justice Department, Polish Senate, Trump University, Trump, Khodorkovsky, FBI, Intelligence, Senate, Ukrainian Security Services, Bolshevik Locations: Siberia, Russia, Warsaw, Poland, Ukraine, Sakha, India, Putin Russia, Russian, Kyiv, The, restive North Caucasus, Washington, Soviet Union, Moscow, WhatsApp, Ukrainian, Soviet, Crimean, USSR, Europe, Uruguay, Armenia, Georgia, Kazakhstan, America, Canada, Great Britain, Germany, Australia, Belgorod, Kursk, Kremlin, China, Cuba, True Russia, Ponomarev, Northern Virginia, Polish, ., Lviv, Yukos, London, Pennsylvania, Texas, Afghanistan, Putin Russian, Tallinn, Estonia

☆ Boeing and union reach a labor deal, potentially averting a strike
▼ + stars: | 2024-09-08 | by ( ) www.nbcnews.com time to read: +1 min

Boeing and the union that represents some 33,000 of its workers have struck a new labor deal, just days before a costly strike could have begun at the plane maker’s main factories. It also secures a commitment from Boeing to build its next airplane in the Pacific Northwest, the union said. It is IAM members who will bring this company back on track,” the union said in a statement on Sunday. This proposal helps keep our legacy alive.”A vote is scheduled for Sept. 12, the union said. The current agreement was set to expire after Thursday and a strike could have started immediately if no deal was reached.

Persons: Kelly Ortberg, ”, Stephanie Pope Organizations: Boeing, International Association of Machinists, Aerospace Workers, Workers, IAM Locations: Seattle, Oregon, Pacific Northwest

☆ Syphilis is at its highest levels since the 1950s. Here's how experts are trying to fix that.
▼ + stars: | 2024-09-08 | by ( Simar Bajaj | Simar Bajaj Is A Marshall Scholar | Award-Winning Journalist Covering Stigmatized Diseases | ) www.nbcnews.com time to read: +14 min

Soon after, the mother’s syphilis test — given to all women before delivery — came back positive. In 2022, the Centers for Disease Control and Prevention reported more than 200,000 syphilis cases — the highest counts since 1950. Spreading the word about syphilisSome public health departments have launched eye-popping awareness campaigns, trying to raise the alarm among both the public and health care providers. Make syphilis testing convenientBeyond greater awareness, access to testing and treatment needs to be quick, easy and convenient, Chokshi said. But permanently bending the syphilis curve will require scaling these efforts nationally and promoting greater coordination between health care and public health.

Persons: Irene Stafford, Stafford, —, It’s, could’ve, they’re, ”, Kenneth Mayer, Mayer, Dave Chokshi, Donna Fox, Fox, ” Fox, “ We’re, “, Lucas, they’ve, we’re, ” Stafford, Chokshi, Jessica Leston, Jessica Leston “ We’re, ” Leston, Trojan Carvajal, Jai Winchell, Winchell, Arlene Seña, it’s, ” Seña, don’t, Seña, that’s, ” Chokshi Organizations: University of Texas Health Sciences Center, Centers for Disease Control, CDC, Fenway Institute, Common Health Coalition, Health, Lucas County Health Department, Alaska Natives, Johns Hopkins School of Medicine, STI, Mobile Care Clinic, Shasta, University of North, Hospital, University of Chicago, U.S, Fenway Health Locations: Houston, U.S, Boston, New York, Toledo, Lucas County, Ohio, Texas, Alaska, Cass, Minnesota, California, Shasta County, Oregon, Shasta, University of North Carolina, Grady, Atlanta, America

☆ Boeing reaches deal with union to avoid strike
▼ + stars: | 2024-09-08 | by ( Chris Isidore | ) edition.cnn.com time to read: +5 min

New York CNN —Boeing and the Machinists union, which represents 33,000 of its employees on the West Coast, have reached a tentative deal that could avoid a strike that had been set to start this Friday. Before it will take effect, the deal would need the approval of the rank-and-file union members who build commercial jets. But leadership of the union praised the tentative deal and said it achieved the union’s goals. The deal represents Boeing’s biggest pay raise for union members. The deal also includes increased job security for union members with a promise to build the next new airplane at one of the union-represented plants in the Puget Sound region.

Persons: “, “ We’ve, ” Stephanie Pope, Max, ” Jon Holden, Brandon Bryant, Dave Calhoun, ” Calhoun, “ We’re, we’re, ”, Kelly Ortberg Organizations: New, New York CNN, Boeing, International Association of Machinists, Aerospace Workers, Boeing’s, Puget, Boeing Boeing, Alaska Airlines, UPS, General Motors, Ford, Union, ” Company Locations: New York, West Coast, South Carolina, Seattle, Portland , Oregon

☆ Maui could soon ban some Airbnbs. Short-term rental owners say it will be financially devastating for them.
▼ + stars: | 2024-09-08 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +9 min

When researching the properties, he confirmed their tax status as short-term rentals on the county site. Jason Gobey, another short-term rental owner, told BI he researched and spoke to real-estate agents as well as others before buying his one-bedroom condo in Kihei in 2019. He also said he confirmed the property's tax status as a short-term rental and had no idea there could be an issue with it. Though some of the Minatoya List properties will likely be converted to long-term rentals, Church said it is not financially feasible for him. But the benefit of adding the Minatoya List properties to the housing stock is that they are already built.

Persons: —, Andrew Church, Mario Tama, Richard Bissen, Church, Jason Gobey, Gobey, Smith, Justin Tyndall, Tyndall, that's, it's Organizations: Service, Business, Church, Owners, Maui, Maui Planning, University of Hawaii Locations: Maui, Lahaina, Barcelona, New York City, South Maui, West Maui, Kihei, Arizona, Manoa

☆ Ukraine’s military is struggling with low morale and desertion
▼ + stars: | 2024-09-08 | by ( Ivana Kottasová | Kostya Gak | ) edition.cnn.com time to read: +13 min

Standing outside that office, chain smoking and drinking sweet coffee, he told CNN he just couldn’t handle watching his men die anymore. They see a lot of enemy drones, artillery and mortars,” one unit commander currently fighting in Pokrovsk told CNN. A group of Ukrainian soldiers rests after completing a long mission in Russia's Kursk region. Several commanders told CNN that many officers would not report desertion and unauthorized absences, hoping instead to convince troops to return voluntarily, without facing punishment. During recent leave in Kyiv, Horetskyi told CNN that while his role has existed for a while, it consisted mostly of paperwork.

Persons: Ukraine CNN — Dima, Dima, he’d, Pokrovsk, “, didn’t, can’t, Ivana Kottasova, ”, Andryi Horetskyi, Chasiv Yar, Serhiy Tsehotskiy, Horetskyi, Vitalii, Vladimir Putin, –, Volodymyr Zelensky, Ukraine’s, Oleksandr Syrskyi, …, ” Horetskyi, “ I’ve Organizations: Ukraine CNN, CNN, Motorized Infantry Brigade, Administrative Services Center, Ukraine’s, Kyiv, Dima’s Locations: Pokrovsk, Sumy, Kyiv, Ukraine, Russia, Russia's Kursk, Ukrainian, Ukraine’s Donetsk, Luhansk, Dnipro, Russian, Donetsk, Russia’s Kursk, Kursk, Moscow, Donetsk region, “

☆ I tried suburban living for 3 years and was miserable. I'm back to city life and never looking back.
▼ + stars: | 2024-09-08 | by ( Jane Zhang | ) www.businessinsider.com time to read: +7 min

We looked for places in the city but couldn't really find anything in our $1,500 budget that suited our needs. AdvertisementLooking back, I wish we'd spent more time looking for a place in the city instead of escaping to the suburbs. AdvertisementWhen we lived in the city, we'd see friends just about every weekend and could decide to hang out pretty spontaneously. My depression got worse, and I realized how much of my health and well-being had been tied to a city lifestyle. AdvertisementThe car culture in the suburbs really drove me over the edge; it got to the point where I stopped wanting to go out and do things.

Persons: —, Randall Galbreath, Braden, COVID, we'd, we've, I've, Jane Zhang Organizations: Service, Business, Getty Center Locations: Chicago, Los Angeles, Chicago's Uptown, Arlington Heights, Lake Michigan, LA, Randall Galbreath West Hollywood, We're

☆ 3 ways Wall Street's largest banks are leveraging AI to increase profitability
▼ + stars: | 2024-09-07 | by ( Morgan Chittum | ) www.cnbc.com time to read: +8 min

Over the past year, Wall Street's largest names — including Goldman Sachs , Bank of America , Morgan Stanley , Wells Fargo to JPMorgan Chase — ramped up their generative artificial intelligence efforts with the aim of boosting profits. MS YTD mountain Morgan Stanley YTD AI use cases for key businesses Morgan Stanley was among the first on Wall Street to publicly embrace the technology, unveiling two AI assistants for financial advisors powered by OpenAI. Launched in September 2023, the AI @ Morgan Stanley Assistant gives advisors and their staff quick answers to questions regarding the market, investment recommendations, and various internal processes. If it does, that would be welcome news for shareholders after Morgan Stanley's wealth segment missed analysts' revenue expectations in the second quarter . However, As long as these costs don't outweigh return on investment (ROI), we're happy with Wells Fargo and Morgan Stanley's moves to innovate.

Persons: Goldman Sachs, Morgan Stanley, Wells, JPMorgan Chase — ramped, Jamie Dimon, Alexandra Mousavizadeh, OpenAI's ChatGPT, Jeff McMillan, Morgan, McMillan, It's, Morgan Stanley's, Evident's Mousavizadeh, Banks, Mousavizadeh, Tracy Kerrins, Morgan Stanley's McMillan, He's, Morgan Stanley's OpenAI, Teresa Heitsenrether, Jim Cramer's, Jim Cramer, Jim Organizations: Bank of America, JPMorgan, Citi, Microsoft, Nvidia, OpenAI, CNBC, Google, Deutsche Bank, BNP, Mistral, TD Bank Group, Big, Wall, New York Stock Exchange, Bloomberg, Getty Locations: Wells Fargo, Silicon, management's, Wells, New York

☆ The US Navy sacked a destroyer captain after a persistent steering problem led to a Middle East near-miss
▼ + stars: | 2024-09-06 | by ( Jake Epstein | ) www.businessinsider.com time to read: +9 min

Read previewThe US Navy sacked the captain of a deployed warship after an unresolved steering problem resulted in a near-miss incident in the Middle East, according to a command investigation reviewed by Business Insider. But the command investigation said Yaste was relieved after the McCain lost steering during a July fuel replenishment that damaged a Navy oiler. The troubled destroyer remained at sea, and the command investigation said there was no evidence any notable troubleshooting efforts occurred after July 9. The August command investigation found that McCain crewmembers made a variety of mistakes, including failing to follow loss-of-steering procedures or communicating sufficiently between controlling stations. AdvertisementThe Navy has not publicly disclosed what happened with the McCain or acknowledged the steering issues during the deployment.

Persons: —, Theodore Roosevelt Carrier, Cmdr, Cameron Yaste, Arleigh Burke, John S, McCain, Yaste, it's, Ryo Isobe, Declan Barnes, It's, Horn, Kevin Tang Organizations: Service, US Navy, Business, Theodore Roosevelt Carrier Strike Group, Navy, McCain, BI, Iranian, US, Engineers, Big, United Arab Locations: Bahrain, Big, Big Horn, United Arab Emirates

☆ Boeing Starliner capsule returns home from space — without astronauts on board
▼ + stars: | 2024-09-06 | by ( Jackie Wattles | Ashley Strickland | ) edition.cnn.com time to read: +11 min

Relive the Boeing Starliner capsule’s return home as it happened. CNN —Boeing’s Starliner capsule returned from the International Space Station Friday evening — concluding its nearly three-month stay in space. This screengrab taken from a video shows Boeing Starliner as it touches down in White Sands Space Harbor, New Mexico, at 12:01 a.m. Boeing and NASA teams work around NASA's Boeing Crew Flight Test Starliner spacecraft after it landed uncrewed at White Sands, New Mexico, on September 7. NASA astronauts Mike Fincke, left, and Scott Tingle look inside NASA's Boeing Crew Flight Test Starliner spacecraft after it landed uncrewed at White Sands Missile Range’s Space Harbor, in New Mexico, on September 7.

Persons: CNN —, Butch Wilmore, Suni Williams, Starliner, —, “, ”, Williams, Calypso, ” Williams, you’ve, uncrewed, Aubrey Gemignani, Mark Nappi, Steve Stich, we’ve, ” Stich, we’d, ” Stitch, Butch, Suni, NASA Starliner’s, Wilmore, Stitch, Stich, Mike Fincke, Scott Tingle, NASA ‘, …, Ken Bowersox Organizations: Boeing, CNN, International, NASA, NASA's Boeing, SpaceX, White, Space Operations, Software Locations: Sands, , New Mexico, terra firma, Starliner, White Sands , New Mexico, New Mexico

That continues a trend from 2023, when generative AI companies raised $25.9 billion for the full year, up more than 200% from 2022. The average round for AI companies is 140% bigger this year compared with last, the data shows, while for non-AI companies the increase is only 10%. Most venture investors are bullish on the potential for generative AI to eventually create big returns at the application layer. John-David Lovelock, an analyst at Gartner and a 35-year veteran of the IT industry, sees a big opportunity for generative AI in the enterprise. Yet, in 2024, only 1% of the trillion dollars spent on software will be from businesses spending on generative AI products, he said.

Persons: Adam Selipsky, Anthropic, Dario Amodei, Noah Berger, aren't, They're, Melissa Incera, Chip Hazard, PitchBook, that's, Cerebras, hasn't, Jeremiah Owyang, Owyang, That's, —, Cohere, Tobias Lutke, Inovia, JPMorgan Chase, Elon Musk's, what's, NASA's, Joe Raedle, Michael Harris, David Lovelock, Lovelock Organizations: Amazon Web, Getty, Microsoft, Nvidia, Tech, P Global Market Intelligence, CNBC, U.S, Forge, Flybridge Capital Partners, Federal Reserve, Meta, Nasdaq, Benchmark, Foundation Capital, SEC, Blitzscaling Ventures, Menlo Ventures, Inovia, Menlo, SPV, AMD, Oracle, Representatives, JPMorgan, Morgan Private Ventures, Elon Musk's SpaceX, SpaceX, Polaris, NASA's Kennedy Space Center, New York Stock Exchange, NYSE, Astera Labs, Tempus, Google, Facebook, Gartner Locations: Vegas, Las Vegas, PitchBook, Anthropic, Montreal, xAI, Cape Canaveral , Florida

☆ We built a $250,000 ADU for our adult son in our backyard. He gets the support he needs, and it's cheaper than finding an apartment.
▼ + stars: | 2024-09-06 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +8 min

The kind of support Jacob needs, including having someone available 24 hours a day, is upward of $9,000 a month. With this in mind, we knew we could not afford to have Jacob living in the facility. So, my wife and I instead considered building an accessory dwelling unit (ADU) in our backyard. One of these, Independent Living Services (ILS), provides a set number of hours a week for in-home assistance with Jacob. After moving out, he qualifies for Supported Living Services (SLS), which expands the number of hours he can get in-home support.

Persons: —, Todd Kuchta, Jacob, we've, He's, Nicholas Miller, it's, Jacob's, Witnesses, Villa, Nicholas Miller Jacob Organizations: Service, Business, Autism, Villa, Redwood Credit Union, Raiders, Oakland, Living Services, Support Services Locations: Napa , California, Napa, California, Napa County

☆ Why it's so difficult to build nuclear power plants in the U.S.
▼ + stars: | 2024-09-06 | by ( Shawn Baldwin | ) www.cnbc.com time to read: +1 min

Plant Vogtle, a nuclear power plant in Waynesboro, Georgia, is the largest source of clean energy in the U.S. following the addition of two new reactors, according to Georgia Power. The plant's unit 4 reactor began commercial operations in April and unit 3 went online last year. But bringing a nuclear power plant to life is difficult and costly. The U.S. has 54 operating nuclear power plants and 94 reactors, making it the world's largest producer of nuclear power — accounting for 30% of global nuclear electricity, according to the World Nuclear Association. So why is it so hard to build nuclear reactors in the U.S. and should the new Vogtle reactors be a blueprint or a cautionary tale for the future?

Persons: Chris Womack Organizations: Georgia Power, Southern Co, World Nuclear Association Locations: Waynesboro , Georgia, U.S, Fukushima, Covid

☆ U.S. rolls out new chip-related export controls as China makes industry advances
▼ + stars: | 2024-09-06 | by ( Dylan Butts | ) www.cnbc.com time to read: +2 min

The Biden administration is rolling out new export controls on critical technologies, including quantum computing and semiconductor goods, as China makes advances in the global chips industry. The department cited "national security and foreign policy reasons" for the move, and said it was the product of extensive discussions with international partners. These restrictions cover worldwide exports, but adds exemptions for countries that add similar controls, such as Japan and the Netherlands have done in the past. "Aligning our controls on quantum and other advanced technologies makes it significantly more difficult for our adversaries to develop and deploy these technologies in ways that threaten our collective security," he added. BIS also said it is also continuing to strengthen relationships with its allies to boost the effectiveness of export controls aimed at degrading Russia's military capabilities, as well as its "enablers" such as Belarus and Iran.

Persons: Biden, Alan Estevez Organizations: U.S . Department of Commerce, department's, of Industry and Security, BIS Locations: China, U.S, Japan, Netherlands, Belarus, Iran

☆ Fontana, California: Police pressured him to confess to a murder that never happened
▼ + stars: | 2024-09-05 | by ( Rachel Clarke | Shimon Prokupecz | ) edition.cnn.com time to read: +35 min

The medication, it took over, and we need to find Daddy right now.”Later, Perez asked for medical attention. She knows, because she was walking through all the blood.”Time and again they asked Perez to imagine what could have happened. “They picked me up, they read me my rights and my mind’s going, ‘What’s going on?’,” the elder Perez told CNN. The elder Perez told CNN the samples had been identified as coming from a male, but that was all. Harrell, whose office is counsel to the city of Fontana, asked CNN to return any video it had, unaired.

Persons: California CNN — Tom Perez, Perez, ” Perez, “, Tom Perez, —, “ Papa Tom ” —, Margo —, Margo, …, That’s, ”, Joanna Piña, Cpl, Sheila Foley, Piña, ” Foley, Robert Miller, Miller, PEREZ, Fontana, David Janusz, Kyle Guthrie, Guthrie, Thomas —, Perez —, Janusz, berate Perez, Dolly Gee, ” Guthrie, “ Thomas, that’s, ” Janusz, Jeff Noble, . Miller, ” Noble, They’re, Mr, where’s, Perez’s, Carl Peraza, Peraza, Tom, ” Peraza, Police badgered Perez, ‘, ’ Janusz, … You’re, Thomas, Thomas ’, you’re, Judge Gee, “ She’s, ” Tom Perez, Noble, — Perez, Father, Thomas Perez, Miranda, ‘ What’s, Papa Tom, Jerry Steering, he’d, they’ve, it’s, Shel Harrell, Harrell, ” Judge Gee, Ruben Duran, ” Duran, he’s, Fontana Guthrie, Michael Dorsey, Perez Jr, Dorsey, there’s, CNN it’s Organizations: Fontana, California CNN, CNN, Fontana Police Department, THE, US, ” Police, Police, that’s, Los Angeles International Airport, City of, City Locations: California, Fontana , California, Fontana, Los Angeles, Oakland , California, Northern California, City of Fontana, “, United States

☆ Ukraine's wild fire-breathing drones have started popping up all around the front lines, videos show
▼ + stars: | 2024-09-04 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

AdvertisementEastern Ukraine, a Ukrainian drone drops molten thermite on a Russian-held treeline, setting it ablaze. Seen here, a Ukrainian drone from the 60th Mechanized Brigade drops a stream of molten thermite on a Russian-held treeline. Ukrainian thermite drones have hit the frontline in force, now in operation with several units. Seen here, a Ukrainian drone from the Khorne Group drops molten thermite on Russian positions in a forest, setting the area ablaze. pic.twitter.com/RPFo7gHW7f — OSINTtechnical (@Osinttechnical) September 4, 2024Business Insider was unable to immediately verify the footage.

Persons: — Organizations: Service, Business, Ukrainian, 108th Territorial Defense Brigade, 60th Mechanized Brigade, 116th Mechanized Brigade, Khorne Locations: Ukraine, Ukrainian, Russian, Russia, Kyiv, Moscow

☆ Microsoft dodges in-depth UK probe into hiring of staff from AI firm Inflection
▼ + stars: | 2024-09-04 | by ( Ryan Browne | ) www.cnbc.com time to read: +4 min

Mustafa Suleyman, co-founder and chief executive officer of Inflection AI UK Ltd., speaks at the World Economic Forum in Davos, Switzerland, on Jan. 18, 2024. In March, Microsoft announced the hiring of Suleyman from Inflection, along with a number of other key employees at the firm. Suleyman was appointed Microsoft's executive vice president and CEO of Microsoft AI. The CMA had not previously spelled out exactly how the hiring of Inflection AI employees could undermine competition. The Inflection arrangement isn't the only pact with a Big Tech company and AI startup that regulators in the U.K. are assessing.

Persons: Mustafa Suleyman, DeepMind, Suleyman, Karen Simonyan, Simonyan Organizations: Ltd, Economic, LONDON, U.K, Markets Authority, Microsoft, Windows, DeepMind, Google, CMA, CNBC Wednesday, Reuters, Street Journal, Big Tech, Amazon, Federal Trade Commission Locations: Davos, Switzerland, U.S, Britain, Redmond, Washington

☆ Ukraine appears to have developed a drone that spews fire from above, per dramatic video
▼ + stars: | 2024-09-03 | by ( Tom Porter | ) www.businessinsider.com time to read: +1 min

New video seems to show a drone dropping fire from above on a battlefield in Ukraine. Observers speculated that the drone was dropping the flaming mix of chemicals known as thermite. AdvertisementA new video appears to show a striking new use for drones in the war in Ukraine: raining fire from above. Footage posted on Monday showed a drone dropping a burning substance on a tree line. The footage seemed to show a first-person camera feed from the drone itself, followed by aerial video showing the attack from a distance.

Persons: — Organizations: Observers, Service, Business Locations: Ukraine

☆ The US Air Force's potential shift to adaptable 'light fighters' to solve budget woes is more complicated than it seems
▼ + stars: | 2024-09-03 | by ( Alex Hollings | Sandboxx News | ) www.businessinsider.com time to read: +32 min

US Air Force photo illustration by Staff Sgt. The Air Force needs new missiles, new bombers, and new fighters — but is struggling to pay for them allThe B-21 Raider in flight at Edwards Air Force Base, California. Cultural inertia in the fighter businessUS Air Force fighter aircraft fly in formation. A rendering of a future crewed next-generation air dominance aircraft by the US Air Force Research Laboratory. Nonetheless, for a cash-strapped Air Force, this would be a significant challenge.

Persons: David Allvin, Parth Satam, Allvin, Madeline Herzog, that's, it's, Will Roper, I'm, Charles, CQ, Brown, Preston Cherry, America's, Lockheed Martin, Northrop Grumman, Marine Corps Lockheed Martin, Peter Nicholls, —, Danielle Purnell, Frank Kendall, Tom Williams, Will Roper's, Kendall —, I've, Kendall, there's, Northrop Grumman's, Roper, Giancarlo Casem, today's, they've, wouldn't, John Raven, James M, Holmes, we've Organizations: Service, senior Air Force, Air Force, Global Air, Space Chiefs, Conference, UK's, Space Power Association, Business, Fighter, US Air Force, Force, American, Next, Sabre, Convair, Delta Dart, Rand Corporation, National Museum of, Staff, Joint Chiefs, Raptors, Royal Norwegian Air Force, Senior, Boeing, Lockheed, US, Marine Corps Lockheed, Royal International Air, Reuters, Getty, Capitol, Raider, Air, Edwards Air Force Base, DARPA, USAF, III, America, Minuteman, Sentinel missile, Pentagon, Lockheed Martin Aeronautics Company, Sentinel, Defense, Tech, Combat Command, US Air Force Research Laboratory, Sandboxx Locations: London, American, Fairford, Britain, Fort Worth, California, United States, Soviet Union, Marietta , Georgia, America, Europe

☆ Ukraine's surprise invasion of Russia hasn't taken the pressure off the most dire front-line battles
▼ + stars: | 2024-09-03 | by ( Jake Epstein | ) www.businessinsider.com time to read: +8 min

Ukraine's Commander-in-Chief Oleksandr Syrskyi stated last week that an objective of the Kursk invasion was to redirect Russian forces away from the Pokrovsk direction. But the Kursk invasion has limited the number of troops available for reinforcement. KIRILL CHUBOTIN/Ukrinform/Future Publishing via Getty ImagesGeorge Barros, the geospatial-intelligence team lead and a Russia analyst at ISW, said that the Kursk invasion underscores how Moscow left a major portion of its international border undefended. Even though the Kursk invasion may not be forcing Russia to redirect front-line forces from Pokrovsk, that campaign will eventually culminate. These efforts have intensified since the start of the Kursk invasion.

Persons: —, Ukraine's, Oleksandr Syrskyi, Tatarigami, Diego Herrera Carcedo, Putin, Volodymyr Zelenskyy, KIRILL CHUBOTIN, George Barros, Vladimir Putin, Barros, REUTERS Barros Organizations: Service, Kyiv, Business, AP, Institute for, Getty, Ukraine, Publishing, REUTERS Locations: Russia, Moscow, Kursk, Ukraine, Kyiv, Russia's, Ukrainian, Sudzha, Russia's Kursk, Pokrovsk, Anadolu, Russian, Korenevo

☆ Ukraine unveiled a brand new drone military unit with the goal of specializing soldiers in operating unmanned systems
▼ + stars: | 2024-09-02 | by ( Chris Panella | ) www.businessinsider.com time to read: +1 min

Ukraine presented its new unit dedicated to drone operations. The unit, named Typhoon, will focus on training soldiers to operate a variety of unmanned systems. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The move speaks to the continued dominance of unmanned systems in the war and the need to train soldiers to learn and adapt to the challenges of drone operations. Ukraine presented the first details of Typhoon, a special operations unit within the National Guard of Ukraine focused on unmanned systems, at the Art Ukraine Gallery over the weekend.

Persons: — Organizations: Service, National Guard of, Art Ukraine, Business Locations: Ukraine, National Guard of Ukraine

☆ I'm a product manager who interned at Apple, Google, and Microsoft. Now I'm opening up a candy store.
▼ + stars: | 2024-08-31 | by ( Jaures Yip | ) www.businessinsider.com time to read: +7 min

Read previewThis as-told-to essay is based on a conversation with Elly Ross, a head of product at an e-commerce company who is starting her own candy shop, "lil sweet treat." I was going on a walk to lunch one day and I passed by the unit that is now "lil sweet treat" — and I immediately knew that this was the spot for the candy shop. Product management skills in the candy shop worldA lot of the skills that I cultivated as a PM have been so helpful in building "lil sweet treat." When you buy this large amount of candy, you have to transfer that candy from one of the candy store bags into another vessel at home. Every time that your shopper reaches for a sweet treat, they see the "lil sweet treat" branding associate that sweet treat with "lil sweet treat."

Persons: —, Elly Ross, It's, I've, it's, we've, they're, I'm Organizations: Service, Business, Google, Blackstone Group, Apple, Microsoft, Big Tech Locations: Swedish, New York, Germany, New York City

☆ Brazil's top court orders nationwide suspension of Elon Musk's X
▼ + stars: | 2024-08-30 | by ( Lora Kolodny | In Lorakolodny | ) www.cnbc.com time to read: +4 min

Brazil's supreme court on Friday ordered a nationwide suspension of Elon Musk's social network X after the company vowed to defy earlier court orders concerning content moderation and the appointment of a legal representative in the country. Hours later, the court issued a second order suspending some of the measures in its first 51-page order against X. A suspension of X in Brazil could cause business problems for Musk's already embattled company. Musk has repeatedly denounced de Moraes' court orders as censorship. In its Thursday statement, X said de Moraes court had taken "illegal actions" against the company.

Persons: Elon, Alexandre de Moraes, de Moraes, Moraes, Musk, Starlink, De Moraes, X, Voldemort Organizations: Globo, Apple, Google, Twitter, World Bank, CBS, Starlink, Musk's SpaceX, U.S, Brazil weren't Locations: Brazil, NATO, U.S

☆ Uber takes stake in SoftBank-backed self-driving tech startup Wayve
▼ + stars: | 2024-08-29 | by ( Ryan Browne | ) www.cnbc.com time to read: +2 min

LONDON — Uber and British artificial intelligence startup Wayve announced a partnership Thursday that will see the two firms collaborate on autonomous driving technology. As part of the deal, Uber is also investing an undisclosed amount into Wayve for a minority stake, the companies said in a statement. He said that, together with Uber, Wayve is "excited to work with Automotive OEMs [original equipment makers] to bring autonomous driving technologies to consumers sooner." In the future, Uber intends to launch self-driving vehicles on its app equipped with Wayve's tech, the companies said. Uber has also offered rides in vehicles operated by Waymo, the Google self-driving spinoff, as part of a commercial tie-up.

Persons: Uber, Alex Kendall, Wayve's, Dara Khosrowshahi, Khosrowshahi, Cruise, Waymo Organizations: Uber, Nvidia, Microsoft, Automotive, SAE International, Aurora Technologies, General Motors, Waymo, Google, Lyft Locations: British, ., Aurora

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