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☆ JetBlue and Spirit Call Off Their Merger
▼ + stars: | 2024-03-04 | by ( J. Edward Moreno | More About J. Edward Moreno | ) www.nytimes.com time to read: +1 min

JetBlue Airways and Spirit Airlines announced on Monday that they would walk away from their planned $3.8 billion merger after federal antitrust regulators successfully challenged the deal in court. JetBlue said it would pay Spirit $69 million to exit the deal. A federal judge in Boston blocked the proposed merger on Jan. 16, siding with the Justice Department in determining that the merger would reduce competition in the industry and give airlines more leeway to raise ticket prices. “We wish the very best going forward to the entire Spirit team.”JetBlue and Spirit appealed Judge Young’s decision. JetBlue filed an appellate brief last week arguing that the deal should be allowed to go through.

Persons: William G . Young, ”, Joanna Geraghty, “, Judge Young’s Organizations: JetBlue Airways, Spirit Airlines, JetBlue, Justice Department, U.S, District of, Spirit Locations: Boston, District of Massachusetts

☆ In ‘Oppenheimer’ and ‘The Zone of Interest,’ We Hear What We Are
▼ + stars: | 2024-03-03 | by ( Alissa Wilkinson | ) www.nytimes.com time to read: +2 min

Both “Oppenheimer” and “The Zone of Interest” tangle with the psychology involved in creating highly efficient killing machines. In both “Zone” and “Oppenheimer,” though, sound plays against image in a way that draws attention to itself, disconcerting the audience. THE DIRECTOR OF “OPPENHEIMER,” Christopher Nolan, has long played around with sound in his films, which are often very loud and propelled by an intense, driving score. (Watching one of his films can feel at times as if you’re immersed in one very, very long montage.) Nolan also prefers not to rerecord actors’ dialogue, leaving them mixed into the sound as they were recorded during the performance, which can make them a little hard to hear.

Persons: “ Oppenheimer, It’s, “ OPPENHEIMER, ” Christopher Nolan, Nolan

☆ Trump used note cards. So did W. Bush and the presidents before him. Should we worry that Biden uses them, too?
▼ + stars: | 2024-03-01 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +6 min

Read previewAt a recent closed-door fundraiser, President Joe Biden had to rely on note cards prepped by his staff to provide donors with detailed answers on his policy. But since the advent of mass communication technology and, as a result, an increasing expectation of US leaders to make public addresses, presidents have long relied on note cards and teleprompters to face their constituents. Even US presidents who had the public reputation of being robust and nimble needed note cards, Kastor said. John F. Kennedy, who was able to keep his medical problems, including persistent back pain, hidden from the public, used note cards. Former President Donald Trump, who is now 77, has received flack for relying on note cards albeit for different reasons.

Persons: —, Joe Biden, Axios, Robert Hur, Calvin Coolidge, of Congress Peter Kastor, Louis, Kastor, John F, Kennedy, Kennedy's, Woodrow Wilson, John Adams, Theodore Roosevelt, Ronald Reagan, Biden, Reagan, …, Barack Obama, Donald Trump, David Frum, George W, Bush's, Bush, Frum, flack, Trump, Chip Somodevilla, attentiveness, Clinton, Obama Organizations: Service, Media, Business, of Congress, Washington University, National Archives, White, Trump Locations: St, Berlin, Germany, Parkland , Florida, W

☆ ‘Geisha paparazzi’ are back in Kyoto – and the city is ready to take action
▼ + stars: | 2024-02-29 | by ( Lilit Marcus | ) edition.cnn.com time to read: +5 min

As a result, an unfortunate nickname has even been given to these tourists: “geisha paparazzi.”Foreign tourists have sometimes struggled to understand Japanese customs and etiquette. In 2015, Kyoto created pamphlets and paper handouts that used pictograms to illustrate travel “nuisance activities” like littering, using selfie sticks, smoking in prohibited areas, and taking photos of geisha and maiko. Plenty of rules, little enforcementToday, signs in three languages also explain that geisha photography is not allowed without a permit, and that violators could be charged up to ¥10,000 ($67). Most maiko and geisha (these words are both singular and plural in Japanese) use this road, making it the prime spot for “paparazzi” to gather. Still, Ota and other Gion residents are looking for ways to curb the “geisha paparazzi” issues.

Persons: women’s kimonos, Gion, Isokazu Ota, Kike Calvo, ”, Ota, maiko Organizations: CNN, Theatre Locations: Gion, Kyoto, women’s, Side, Japan, Ota, ”, Easter

☆ The Politics Behind Trump and Biden’s Dueling Border Stops
▼ + stars: | 2024-02-29 | by ( Shane Goldmacher | ) www.nytimes.com time to read: +1 min

For Mr. Trump, the border is a familiar backdrop and represents almost the background music of his candidacy, as he warns of a nation slipping out of reach and an “invasion” he promises to stop. For Mr. Biden, immigration represents a top vulnerability as border crossings reached record highs in late 2023 and images of mass migration and its fallout have become fixtures on the news. In the fall of 2020, Mr. Trump was more trusted on immigration by a sizable 16 percentage points, according to NBC News polling at the time. That margin has more than doubled to 35 percentage points as of this January — the largest advantage either Mr. Biden or Mr. Trump had on any of the nine issues tested. The package would have made asylum claims more difficult, expanded detention capacity, increased fentanyl screening and paid for more border officers.

Persons: Biden, Donald J, Trump, —, Trump’s Organizations: Trump, Republicans, Mr, NBC, Republican Locations: Texas

☆ Opinion | Why Authoritarians Like Saddam Hussein Confound U.S. Presidents
▼ + stars: | 2024-02-28 | by ( Steve Coll | ) www.nytimes.com time to read: +2 min

America committed its worst foreign policy mistake of the post-Cold War era when it invaded Iraq in 2003 to disarm Saddam Hussein of his supposed weapons of mass destruction. Another central question has rarely been examined: Why did Mr. Hussein sacrifice his long reign in power — and ultimately his life — by creating an impression that he held dangerous weapons when he did not? Mr. Hussein recorded his private leadership conversations as assiduously as Richard Nixon. He left behind about 2,000 hours of tape recordings as well as a vast archive of meeting minutes and presidential records. And they clarify the complicated matter of why he could not persuade U.N. inspectors, multiple spy agencies and many world leaders that he did not possess weapons of mass destruction.

Persons: America, Saddam Hussein, Biden, George W, Hussein, Richard Nixon, Bush Locations: Iraq, Iran, Washington, United States, China, Russia

Michael Cargill, owner of Central Texas Gun Works in Austin, opposes the ban on bump stock sales. “During the Trump administration, the bump stock ban cropped up as a rather glaring example of unlawful administrative power,” Philip Hamburger, a founder of the New Civil Liberties Alliance, said in an email. Image A bump stock attaches to a semiautomatic rifle and enables it to fire at a much higher rate. In response, the Justice Department promised to review the legality of bump stocks, but A.T.F. Eventually, the full court agreed with Mr. Cargill by vote of 13 to 3, split along ideological lines.

Persons: Michael Cargill, ”, Cargill, Trump, ” Philip Hamburger, Elizabeth B, Prelogar, George Frey, Cargill strolled, “, Mark Chenoweth, ” Mr, Chenoweth, Obama, ” “, Mr, Charles Koch, Jonathan F, Mitchell, Donald J, Stephen Paddock, Erin Schaff, Jennifer Walker Elrod Organizations: Central Texas Gun, Government, Army, New Civil Liberties Alliance, —, Alcohol, Tobacco, Firearms, Explosives, National Firearms, Charles Koch Foundation, Koch Industries, Colorado Supreme, National Rifle Association, Justice Department, Congress, The New York Times Federal, U.S ., Appeals, Fifth Circuit, Mr, Gun Control Locations: Austin, Las Vegas, ”, “, Texas

☆ Stocks making the biggest moves midday: Bumble, Beyond Meat, eBay, Urban Outfitters and more
▼ + stars: | 2024-02-28 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +5 min

Beyond Meat reported fourth-quarter revenue of $73.7 million, versus the $66.7 million consensus estimate, per LSEG, formerly known as Refinitiv. First Solar — Shares added more than 3% after the solar panel manufacturer reported a fourth-quarter earnings beat . Urban Outfitters — The clothing retailer plunged 15% after missing estimates for its fourth-quarter earnings and revenue. Axon Enterprise — The weapons manufacturer popped 14% after reporting a fourth-quarter earnings beat. Novavax — The vaccine maker slid 27% after Novavax missed Wall Street's estimates for its fourth-quarter revenue and earnings .

Persons: Bumble —, Bumble, FactSet, Lemonade, Viatris, LSEG, —, Novavax, Axel Springer, Schibsted, — CNBC's Brian Evans, Michelle Fox, Alexander Harring, Pia Singh, Samantha Subin Organizations: Advance, FactSet, eBay, Baidu, U.S . Securities, Exchange Commission, Attorney's, District of Massachusetts, Materials, Urban Outfitters, Boeing —, Federal Aviation Administration, Boeing, Alaska Airlines, Street, Justice Department Locations: U.S, China

☆ Plaza de Espana: Seville to charge fee for visiting landmark square
▼ + stars: | 2024-02-27 | by ( ) edition.cnn.com time to read: +2 min

CNN —Tourists visiting the southern Spanish city of Seville may soon have to pay a fee to explore the wide, ornate Plaza de Espana square, the city hall said, as part of plans to control tourist overload in a public open space. Although Sanz made clear that local residents would still be allowed free access, many X users, including those from Seville, were quick to criticize the plan. “A tourism tax for ALL visitors provokes less debate and generates more income. Another added: “What people want from you is a tourism tax and general regulation of mass tourism which is destroying our city”. Italy’s lagoon city of Venice will introduce a trial fee from April to limit the number of day trippers.

Persons: Jose Luis Sanz, Sanz, ” Organizations: CNN — Tourists, de Espana, ”, Star Wars Locations: Spanish, Seville, Spain, Italy’s, Venice

☆ How the GOP’s rightward shift on immigration helps explain Trump’s primary success
▼ + stars: | 2024-02-27 | by ( Ron Brownstein | Analysis Ronald Brownstein | ) edition.cnn.com time to read: +17 min

Amid widespread discontent over President Joe Biden’s management of the border, the overall electorate is moving rightward on immigration too, polls show. For now, there’s no question that hardening GOP attitudes on immigration have been critical to Trump’s strong performance through the early primaries. Then, 56% of GOP primary voters said undocumented immigrants should be offered legal status; in last month’s primary, 55% said they should be deported. Immigration ranked as the most important issue for most GOP primary voters in South Carolina, and finished close behind the economy in both Iowa and New Hampshire. McLaughlin said Trump’s dominance among the GOP primary voters most concerned about immigration encapsulates a broader reason for his early success: widespread satisfaction among Republicans about his record in office.

Persons: Donald Trump’s, Joe Biden’s, Trump, What’s, “, Donald Trump, ”, Jim McLaughlin, Joe Biden, ’, Nikki Haley, Trump’s, Haley, Leah Askarinam, McLaughlin, Robert P, Jones, Charles Franklin, Adolf Hitler, ” Biden, Biden, Stephen Miller, Charlie Kirk, Miller, Dwight D, Eisenhower, Matt Barreto, Barreto, Democratic pollster, ” Barreto, Maria Cardona, Tom Suozzi, George Santos, Suozzi, Bill Clinton Organizations: CNN, GOP, Republican, Trump, Biden, Edison Research, Immigration, Former South Carolina Gov, Quinnipiac University, Survey, Religion Research Institute, Marquette Law School, Marquette, Gallup, Republicans, CBS, National Guard, Democratic, UCLA, New, Republican Rep, White, House Republicans Locations: Alabama, Mississippi, New Hampshire, South Carolina, Iowa, New York, Wisconsin, Mexico, United States, American, Trump, Marquette, America, Texas, Celinda, Arizona, Nevada, Mexico ”, week’s State, Brownsville

☆ Angry farmers once forced India’s hardline leader into a rare retreat. As the election looms, they’re back
▼ + stars: | 2024-02-27 | by ( Rhea Mogul | ) edition.cnn.com time to read: +9 min

Modi promised “a fresh start,” agreeing to meet the farmers’ demands and work with them to move forward. Police fire teargas to disperse farmers marching towards New Delhi during a protest at the Haryana-Punjab state border on February 21, 2024. It was a massive victory for the farmers, who pushed the Indian leader into a rare and uncharacteristic climbdown. The abject poverty and debt faced by many of India’s farmers has forced some to take extreme measures. “About 86% of Indian farmers are dependent on the markets.

Persons: Narendra Modi, Modi, “, ”, Narinder Nanu, Devinder Sharma, Gurpreet, Prakash Singh, Arjun Munda, Sharma, ” Sharma, ’ Modi, Arati Jerath, Jerath, ” X Organizations: CNN, Police, Getty, Bharatiya Janata Party, BJP, Rapid Action Force, Bloomberg, Agriculture, India Brand Equity Foundation, country’s Department of Commerce, Farmers, “ Farmers, Roads Locations: New Delhi, Punjab, Haryana, AFP, Uttar Pradesh, China, India, Brazil, BJP, Pakistan, Bangladesh, Afghanistan, Shambhu, Patiala district

☆ House Speaker Mike Johnson faces a defining dilemma on Ukraine
▼ + stars: | 2024-02-27 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

CNN —House Speaker Mike Johnson has the fate of a democracy and a people in his hands. It’s not the United States, which will survive – even if the coming general election results in another existential test for the constitutional system. Johnson, a backbencher who was the last-ditch choice to lead the mutinous House GOP majority last year, could relieve Ukraine’s agony and help ensure its survival as an independent nation in the coming days. Nothing can be guaranteed in a fractious Congress, with a House GOP majority that has rendered the United States close to ungovernable and is threatening America’s global leadership role. And history is watching whether Speaker Johnson will put that bill on the floor.

Persons: Mike Johnson, It’s, Johnson, Vladimir Putin, –, Donald Trump, speakership, Joe Biden, Kevin McCarthy, Volodymyr Zelensky, CNN’s Kaitlan Collins, McCarthy, Hakeem Jeffries, Mitch McConnell, Chuck Schumer —, ”, Jake Sullivan, ” Sullivan, Putin, ” Trump, Trump, Biden, ” Rep, Byron Donalds of, ” Zelensky, “, ” Johnson, David Cameron, Marjorie Taylor Greene, Radoslaw Sikorski, ” Sikorski, CNN’s “ Fareed Zakaria, Seth Moulton of, Xi, ” Moulton, Frederick Kagan Organizations: CNN —, GOP, Pentagon, Democratic Senate, White, Trump, Republican, Democratic, Ukraine, ” Biden, Biden, Washington, Democrats, House Republicans, ”, CNN, British, ” Democratic, Seth Moulton of Massachusetts, CNN News Central, NATO, American Enterprise Institute Locations: United States, Ukraine, Russia, Kyiv, Louisiana, Western, Moscow, ungovernable, “ State, America, America’s, Byron Donalds of Florida, Zelensky, Marjorie Taylor Greene of Georgia, British, Asia, Taiwan, Japan, China, Ukrainian

CNN —There is still no clear path to avert a partial government shutdown at the end of the week, with just four days until Congress runs into a key funding deadline. Lawmakers had hoped to release the text of a bipartisan spending deal Sunday evening, but the bill has yet to be unveiled. As the clock ticks down to the deadline, Senate Democrats expressed anger and frustration Monday at the growing risk of a shutdown as many criticized House Republicans over the impasse. “Right now, the Republicans can’t seem to get themselves organized just to sign off on the basic work they’re supposed to do. In the Senate, agreement would need to be reached with the consent of all 100 senators to swiftly move any legislation before the deadline to avert a partial shutdown.

Persons: Mike Johnson, ” Sen, Elizabeth Warren of, CNN’s Manu Raju, “, Republicans can’t, Jon Tester, ”, Raju, Joe Manchin, Chuck Schumer, Johnson, Schumer, ” Johnson, Mitch McConnell, McConnell, We’re, Joe Biden, Alejandro Mayorkas, It’s, Kevin McCarthy, Manu Raju, Sam Fossum, Melanie Zanona, Haley Talbot, Betsy Klein, Tami Luhby, Priscilla Alvarez Organizations: CNN, Lawmakers, Louisiana Republican, House Republicans, Republicans, Montana Democrat, West, West Virginia Democrat, House Republican, GOP, Senate, Capitol, White, Senators, Homeland, Schumer, Agriculture, Energy, Transportation, Veterans Affairs, Urban, and Drug Administration, Justice, Commerce, Defense, Homeland Security, State, Education, Human Services, Environmental Protection Agency Locations: Louisiana, Elizabeth Warren of Massachusetts, Montana, West Virginia, New York, Ukraine, Washington, Housing

☆ Nikki Haley’s South Carolina loss is unique in US politics
▼ + stars: | 2024-02-25 | by ( Annette Choi | Zachary Wolf | ) edition.cnn.com time to read: +4 min

Now she has lost the primary in her home state of South Carolina, where she was a two-term governor. Fellow Floridian Jeb Bush, a former governor, dropped out earlier, after a disappointing finish in nearby South Carolina. Former Rep. Dennis Kucinich also made an argument about influencing the agenda when he refused to drop out of the 2004 Democratic primary race. Could Haley win delegates without winning states? Heading into South Carolina, Trump had 63 delegates and Haley had 17.

Persons: Nikki Haley, Donald Trump, won’t, Sen, Marco Rubio, Trump, Jeb Bush, Elizabeth Warren of Massachusetts, Warren, Amy Klobuchar, Ron Paul, wasn’t, Mitt Romney, Paul’s, Dennis Kucinich, Kucinich, Haley, Haley isn’t, It’s, CNN Haley, ”, Jake Tapper, Tapper she’ll Organizations: CNN, Republican, Florida Republican, GOP, Florida ., Democratic, Former, Republicans, Trump, South Locations: Iowa, New Hampshire, Nevada, South Carolina, Florida, Massachusetts, Minnesota, Texas, Ohio

☆ Space nukes are raising tensions between Moscow and Washington. Here’s what you need to know
▼ + stars: | 2024-02-22 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +8 min

Kari Bingen director of the aerospace security project and senior fellow in the international security program at the Centre for Strategic International Studies. Space-based anti-satellite nuclear weapons — or so-called space nukes — are a type of weapon designed to damage or destroy satellite systems. "It's an indiscriminate weapon," Bingen said. The deployment of a space-based nuclear weapon would mark a major advancement of Russia's military capabilities and a serious escalation of geopolitical tensions. Kari Bingen director of the aerospace security project and senior fellow in the international security program at the Centre for Strategic International Studies.

Persons: Vladimir Putin, Alexander Ryumin, Mike Turner, Joe Biden, It's, Kari Bingen, Bingen, Juan Barreto, Putin, CNBC's Silvia Amaro Organizations: Sputnik, Chelyabinsk, Afp, Getty, U.S, White, CNBC, . House Intelligence, Bloomberg, Centre, Strategic International Studies, Analysts, Strategic International, United Nations Office, Outer Space Affairs, Elon Musk, Reuters, U.S ., Space Foundation, The, NATO, General, Saturday, Munich Security Conference Locations: Russian, Chelyabinsk Region, Chelyabinsk, Washington, Moscow, Russia, Ukraine, China, Bogota, U.S, The U.S

☆ Myanmar military conscription law sparks panic and fear as youth prepare to flee
▼ + stars: | 2024-02-22 | by ( Helen Regan | Angus Watson | ) edition.cnn.com time to read: +14 min

It’s a terrifying prospect that could become a reality for Anna and millions of her peers across Myanmar after the military junta activated a mandatory conscription law for all young men and women. “While wounded and increasingly desperate, the Myanmar military junta remains extremely dangerous,” Tom Andrews, United Nations Special Rapporteur for human rights in Myanmar, said in a statement. “People know for sure that no matter what is written in the conscription law, they will have to go to the front lines. “In Myanmar, young people are not safe anymore,” said Maung Nyein, who also requested to use a pseudonym for safety reasons. “Our villagers won’t join the military forces or leave the country, instead we will join our resistance forces.

Persons: Anna, ”, “, ” Tom Andrews, — “, Aung, —, Ting Aung, Zaw Min Tun, Young, Kyaw Naing, Sen, Min Aung Hlaing, Kyaw, doesn’t, ” Anna, he’s, he’ll, Khin Ohmar, Stringer, Maung, Maung Nyein, terrifies, Ko, Maung Aye, he’d Organizations: CNN, Thai Embassy, Getty, Analysts, United Nations, People’s Defense Forces, National Unity Government, United, CNN Defense, Armed Forces, Reuters, Facebook, Foreign Ministry, Myanmar, Mandalay People's Defense Forces, Immigration, International Labour Locations: Myanmar, Myanmar’s, Yangon, AFP, United States, Naypyidaw, Thailand, Rakhine, Mandalay, Shan State, “, Shwebo, Sagaing

☆ Chip analysts boost Nvidia price targets in race to catch up to chipmaker's relentless 'joyride'
▼ + stars: | 2024-02-22 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

That led several Wall Street banks to hike their price targets to account for the unrelenting demand. Bernstein and other Wall Street shops raced to catch up with Nvidia's share price, hiking their price targets in reaction to nonstop demand and the company's enormous total addressable market. Rasgon's new target was the equivalent of 48% upside from Wednesday's close, while the average price target according to FactSet implied more than 22% upside. Bank of America's Vivek Arya also lifted his Nvidia price target to $925 per share, equal to about 37% upside. JPMorgan analyst Harlan Sur boosted his price target to $850 to reflect strong data center growth and future product launches.

Persons: Bernstein's Stacy Rasgon, Bernstein, America's Vivek Arya, Harlan Sur, allaying, Sur, Goldman Sachs, Toshiya Hari, Morgan Stanley's Joseph Moore, Moore, Deutsche Bank's Ross Seymore, Seymore, Timothy Arcuri, Arcuri, — CNBC's Michael Bloom Organizations: Nvidia, Bank, America's, JPMorgan, Deutsche, UBS Locations: CY24

☆ Israel’s Druze Arabs, fiercely loyal to the state, feel let down after ‘paying with their blood’
▼ + stars: | 2024-02-21 | by ( Lianne Kolirin | ) edition.cnn.com time to read: +11 min

About a million-strong, the global Druze community is largely spread across Israel, Lebanon and Syria. Some 130,000 Israeli Druze live in the Carmel and Galilee in the country’s north. There have been rumblings of discontent since 2018, when tens of thousands of demonstrators gathered in Tel Aviv to protest Israel’s controversial “nation-state” law. “The (nation-state) law didn’t affect our identity – it affected our sense of belonging,” he said in a video call with CNN. “The Druze community has no dream to have a country – we don’t want it, we don’t believe in it.

Persons: Alim Abdallah, Abdallah, we’d, ” Abdallah’s, Mona, Mona Abdallah Saad, “, ” Mona, ”, Alim Abdallah Saad, Adam, Maya, ” Abdallah, CNN hasn’t, Col, Salman Habaka, Be’eri, Habaka, Gadeer Kamal, Kamal, ‘ I’m, I’m, ’, Corinna Kern, Anwar Saab, It’s, Omri Eilat, Ariel Schalit, Benny Gantz, Bejamin Netanyahu, Bibi –, “ It’s Organizations: CNN, Israel Defense Forces, 300th Baram Regional Brigade, Washington DC, Jewish Agency for, Reuters ‘, Saab, University of Haifa, Druze Heritage Center, National Unity, Israeli Locations: Lebanon, Israel, Yanuh, Lebanese, Syria, Carmel, Galilee, Golan, Egypt, Israel’s, Hala, Gaza, Tel Aviv, Druze, Washington, Jewish Agency for Israel, Iran, Isfiya, Yanuh Jat

☆ Einstein's last message was a dire warning against nuclear war that's still relevant today. Here's what it said.
▼ + stars: | 2024-02-21 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +11 min

A new Netflix docudrama, “ Einstein and the Bomb ,” uses footage and reenactments of the famous scientist and his shifting view of nuclear weapons. It quotes his 1945 Nobel Prize address expressing concern over the future use of nuclear weapons, saying, “The war is won, but the peace is not.”Albert Einstein warned that nuclear weapons could lead to the end of humankind. The general public, and even many men in positions of authority, have not realized what would be involved in a war with nuclear bombs. But we now know, especially since the Bikini test, that nuclear bombs can gradually spread destruction over a very much wider area than had been supposed. Although an agreement to renounce nuclear weapons as part of a general reduction of armaments3 would not afford an ultimate solution, it would serve certain important purposes.

Persons: Einstein, Roosevelt, —, Albert Einstein, Bertrand Russell, Russell, Franklin D, “ Einstein, “, ” Albert Einstein, Stringer, Joseph Rotblat, Rotblat, Frederic Joliot, Curie, Linus Pauling, ”, White Organizations: Service, Einstein, Manhattan Project, Manhattan, Netflix, Central Press, Science, World Affairs, Communist Locations: Germany, Hiroshima, Nagasaki, Manhattan, London , New York, Moscow, East, West, Pearl

☆ AI boom drove Nvidia profits up 580% last year
▼ + stars: | 2024-02-21 | by ( Clare Duffy | ) edition.cnn.com time to read: +3 min

That result helped bring the company’s full-year profits up more than 580% from the year earlier. Nvidia also posted fourth quarter revenue gains of 265% year-over-year, also exceeding analyst projections, as the company continues to ride the wave of massive AI investment. And US restrictions introduced last year on exports of advanced AI chips to China, which affected products like Nvidia’s H800 and A800 chips, threaten to choke off access to a massive and fast-growing market. Still, others on Wall Street believe the company still has plenty of room to run. “The outlook for Nvidia is positive as AI chip competition from Intel, AMD, Meta and Microsoft could be months away while demand for Nvidia chips is only surging,” Insider Intelligence senior analyst Gadjo Sevilla said in a note earlier this week.

Persons: Jensen Huang, Dan Morgan, Goldman Sachs, Nvidia’s, China “, ” Morgan, Gadjo Sevilla Organizations: New, New York CNN, Nvidia, Wall Street, IBM, Microsoft, Synovus Trust Company, Google, Cisco, Intel, AMD, Meta, ”, Intelligence Locations: New York, China

☆ AI isn't driving tech layoffs — but it does make a good scapegoat
▼ + stars: | 2024-02-21 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

Layoffs have been sweeping the tech sector and some are blaming AI. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementFears about AI leading to job cuts are increasingly common, especially as everyday usage of the technology grows. The development was causing anxiety in the ad sales departments, per the report, which later faced a round of job cuts. While AI may not simply replace workers, companies' investment in AI development may be causing cutbacks in other areas.

Persons: —, Duolingo, Hugh Langley, Fortune's Jeremy Kahn Organizations: Service, Bloomberg, Google, Business

☆ A Massachusetts high school wants to call in the National Guard to help quell a 'disturbing increase' in violent fights, drug abuse, and truancy
▼ + stars: | 2024-02-20 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

A high school committee in Massachusetts has asked the National Guard for help as it struggles to rein in student violence and drug abuse in its halls. "The National Guard does bring positivity, we use them to deploy COVID vaccinations." Rodrigues suggested that National Guard service members or staff be deployed as hall monitors and substitute teachers. "I know that the first thought that comes to mind when you hear 'National Guard' is uniform and arms," said Gomes. National Guard soldiers are not the answer," he said in a statement on Monday, per local station Boston 25 News.

Persons: Brockton, Maura Healey, Robert Sullivan, Healey, We're, Ana Oliver, Tony Rodrigues, Rodrigues, Claudio Gomes, Gomes, They're, Winthrop Farwell, Sullivan, Brockton's, Ana Reyes Organizations: National Guard, Business, ABC, Guard, Facebook, Boston, Brockton, PBS Locations: Massachusetts, Brockton, Boston, truancy, Commonwealth

☆ Some hear echoes of the Web3 frenzy around generative AI. But its future is likely to play out very differently.
▼ + stars: | 2024-02-19 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +7 min

Mariam Pettit, partner at Global Founders Capital, said the rush toward AI was in part driven by investor FOMO. While investors and industry insiders don't anticipate the same fate for generative AI startups, many see the parallels between the two industries. Indeed, VCs are paying premiums and pre-empting rounds into hot AI startups in a bid to get a place on the cap table. AI founders are aware that they need to differentiate themselves in order to survive, at the very least. "And with vertical AI startups, it's much clearer that all the data we have is approved by the creator of that data."

Persons: Marc Andreessen, ChatGPT, Mariam Pettit, FOMO, Rainer Haeckl Web3, Sam Bankman Fried, Ash Arora, LocalGlobe, Arora, Sam Altman, Andreessen Horowitz, Ayman Fadil, Fadil, Pettit, Devang Agarwal Organizations: Business, Alpha, Global Founders Capital, Investors, Tech, Talis Locations: German, London, Web3, LocalGlobe, Jasper

☆ Reports of Russia building nuclear space weapons have alarmed officials, but security experts aren't panicked — yet
▼ + stars: | 2024-02-19 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +5 min

Cryptic intelligence reports this week of Russia building an unspecified nuclear space weapon stoked fear among Americans who worried escalating nuclear threats could mean global catastrophe is near. Experts on space security and the risks posed by nuclear weapons told Business Insider that rumors of Russia creating such a weapon are likely true but that it's not time to panic just yet. NPR reported the White House confirmed that Russia is working on a weapon that could threaten satellites in space but that nothing has been deployed. However, Russia has been developing anti-satellite weapons for years, John Erath, senior policy director at the Center for Arms Control and Non-Proliferation, told BI. But that's where this gets a little bit complicated because a nuclear weapon isn't really that."

Persons: US —, John Erath, They've, they've, Erath, Victoria Samson, Samson Organizations: Service, Business, CNN, NPR, White House, Soviet Union, US, Center for Arms Control, Prime, Station, Hubble, SpaceX, GPS, Starfish, Secure, Foundation Locations: Russia, Soviet, United States, Iraq

☆ Opinion: The best tribute we can pay to Navalny
▼ + stars: | 2024-02-17 | by ( Opinion Daniel Treisman | ) edition.cnn.com time to read: +7 min

In his courageous and too short life, Navalny became a symbol of hope for the younger generations of his compatriots. Rather than attack Navalny as a political rival, the authorities peddled a concocted image of Navalny as a petty swindler. Navalny’s death will leave a gaping hole at the center of Russia’s opposition movement, already fragmented and scattered across the globe. To Western leaders who have called on Russia to respect human rights, Navalny’s death is an open affront. A year ago, while he was serving his sentence, Navalny called for Russia to withdraw from Ukraine — and pay it compensation — with posts from his Twitter account.

Persons: Daniel Treisman, Sergei Guriev, Alexey Navalny, Putin, ”, Navalny, Navalny’s, ” Putin, Tucker Carlson, Yaroslav the Wise, Novichok, “, Boris Nadezhdin, Joe Biden, “ Putin, —, Sergei Magnitsky, Biden, ” Navalny Organizations: University of California, CNN, Navalny’s, Kremlin, Federal Security Service, Putin, Navalny, Republicans, Ukraine — Locations: Los Angeles, Russia, Soviet Union, Moscow, Russian, Ukrainian, ”, Europe, Ukraine

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