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☆ Elon Musk's Trump bump keeps growing
▼ + stars: | 2024-11-15 | by ( Jordan Hart | ) www.businessinsider.com time to read: +1 min

AdvertisementElon Musk's businesses are thriving from his relationship with Trump, boosting his net worth. Musk's AI startup xAI is raising $5 billion, while SpaceX plans a share tender offer, the FT reported. Elon Musk's businesses are booming and that appears to be at least in part the result of his deepening relationship to the now president-elect, Donald Trump. Musk's AI startup xAI is now raising $5 billion in funding, the Financial Times reported. Trump's granddaughter, Kai Trump, said Musk was "achieving uncle status" in an X post on Sunday.

Persons: Trump, Donald Trump, xAI, Musk, Kamala Harris, Vivek Ramaswamy, Ramaswamy, Kai Trump Organizations: Elon, SpaceX, Financial Times, Trump, of Government Locations: Tesla

☆ Why Jim Cramer is nervous about Best Buy, plus a bright spot in this down market
▼ + stars: | 2024-11-15 | by ( Paulina Likos | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Jim said he was nervous about Best Buy , the electronics retailer expected to benefit from the refresh AI-powered PC cycle. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Jim, Trump, we're, Nextracker, Stocks, Berkshire Hathaway, Jim Cramer's, BBY Organizations: CNBC, Trump, Berkshire Locations: China, U.S, Alibaba

☆ Peter Thiel says Elon Musk's embrace of Donald Trump helped other Silicon Valley leaders feel safe supporting him
▼ + stars: | 2024-11-15 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +4 min

Peter Thiel attributed recent Trump support in Silicon Valley, in part, to Elon Musk's efforts. Thiel told journalist Bari Weiss that Musk provided "cover" for other tech leaders to support Trump. AdvertisementBillionaire Peter Thiel credited Elon Musk, in part, with helping other tech leaders feel comfortable publicly supporting President-elect Donald Trump. Weiss asked Thiel if the Tesla CEO was "the critical ingredient" that allowed other business leaders to feel safe endorsing the divisive president. Thiel characterized the feeling inside Silicon Valley as one of growing frustration toward "corporate governance" and "how ridiculous it's gotten to manage these ideologically deranged millennial employees."

Persons: Peter Thiel, Trump, Elon, Thiel, Bari Weiss, Musk, —, Elon Musk, Donald Trump, Marc Andreessen, David Sacks, Shaun Maguire, Reid Hoffman, Ron Conway, Mark Cuban, Kamala Harris, Weiss, Tesla, Vivek Ramaswamy, It's Organizations: Service, PayPal, Trump, Department of Government, SpaceX Locations: Silicon Valley, Silicon, November's, California, Texas

☆ Analysis of Chang’e-6 lunar samples reveals first detailed information about moon’s far side
▼ + stars: | 2024-11-15 | by ( Katie Hunt | ) edition.cnn.com time to read: +8 min

Lunar samples from the Chang'e-6 mission could help explain differences between the near and far side of the moon. Li and his team studied 108 basalt fragments contained in two small samples of the lunar far side soil. Future Chang’e-6 sample researchThe Chang'e-6 probe's return capsule, which contained lunar samples from the moon's far side, is shown on June 25 after landing in China's Inner Mongolia Autonomous Region. Xinhua/ShutterstockThese initial analyses of the lunar soil samples raise questions that will take more time and the study of additional samples to address, Neal said. The space agency declined to comment on the studies but said it is coordinating with US researchers who applied for access to Chang’e-5 lunar samples.

Persons: NASA’s, Russia’s Luna, Clive Neal, China’s Chang’e, ” Neal, ”, Richard W, Carlson, ” Carlson, Qiu, Li, Neal, Bill Nelson, CNSA Organizations: CNN, NASA, Arizona State University, University of Notre Dame, Chang’e, Carnegie Institution, Planets Laboratory, State Key Laboratory, Chinese Academy of Sciences ’, of Geology, Geophysics, Mongolia Autonomous, Xinhua, China National Space Administration, Apollo, FBI, ” NASA Locations: China, Washington , DC, Xinhua, Mongolia, Mongolia Autonomous Region

☆ Editor-in-chief of America’s oldest magazine resigns after calling Trump voters fascists
▼ + stars: | 2024-11-15 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —Laura Helmuth is resigning as editor-in-chief of Scientific American magazine following an expletive-filled rant about Donald Trump voters. Posting on Bluesky, an X rival, Helmuth said Thursday that she’s “decided to leave Scientific American after an exciting 4.5 years as editor in chief” without mentioning her previous comments. In a series of now-deleted posts on the same platform, she called Trump voters the “meanest, dumbest, most bigoted” group and “fascists” following the former president’s reelection last week. Helmuth had apologized in a separate post, calling them “offensive and inappropriate” and that they don’t “reflect the position” of Scientific American. “We wish her well for the future.”At 179-years-old, Scientific American says it’s the “oldest continuously published magazine” in the United States and has published pieces from more than 200 Nobel winners.

Persons: Laura Helmuth, Donald Trump, Helmuth, she’s “, ”, “, ” Helmuth, ” Kimberly Lau, Laura, ” Lau, Kamala Harris, Trump Organizations: New, New York CNN, Scientific, Trump, CNN Locations: New York, United States

☆ Norwegian F-35s called into action after Russian aircraft spotted off Norway and over Baltic Sea
▼ + stars: | 2024-11-15 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +2 min

AdvertisementNATO scrambled jets to respond to Russian aircraft "not adhering to international norms" this week. Italy's air force intercepted a Russian Coot-A aircraft over the Baltic Sea, NATO Air Command said. Norwegian F-35s identified multiple Russian aircraft off the coast of Norway, it added. Norwegian F-35s were called into action on Tuesday as NATO scrambled jets in response to Russian aircraft "not adhering to international norms," NATO's Air Command said in a post on X.Italy's air force intercepted a Russian Coot-A plane flying over the Baltic Sea, while the Norwegian F-35s identified multiple Russian aircraft off the coast of Norway, NATO Air Command said. In July, Russian fighter jets scrambled to intercept two US Air Force B-52H bombers approaching Russia's border, the Russian Ministry of Defense said at the time.

Persons: Henrik Omtvedt Jenssen, Jenssen, Lockheed Martin Organizations: NATO, NATO Air Command, Command, Norwegian Armed Forces, NRK, Russian, Royal Air Force, British Ministry of Defence, BBC, Typhoons, US Air Force, Russian Ministry of Defense, Lockheed, Kongsberg Defence, Aerospace Locations: Russian, Baltic, Norwegian, Norway, Russia, State, Kongsberg

☆ Japanese Princess Yuriko, oldest member of imperial family, dies at 101
▼ + stars: | 2024-11-15 | by ( Associated Press | ) edition.cnn.com time to read: +2 min

Tokyo (AP) — Japanese Princess Yuriko, the wife of wartime Emperor Hirohito’s brother and the oldest member of the imperial family, has died after her health deteriorated recently, palace officials said. Yuriko died Friday at a Tokyo hospital, the Imperial Household Agency said. Imperial Household Agency/APThe 1947 Imperial House Law, which largely preserves conservative prewar family values, allows only males to take the throne and forces female royal family members who marry commoners to lose their royal status. She enjoyed exercise in the morning while watching a daily fitness program on television, the Imperial Household Agency says. Her overall condition deteriorated over the past week, the Imperial Household Agency said.

Persons: Yuriko, Emperor Hirohito’s, Prince Mikasa, Hirohito, Emperor Naruhito, Princess Yuriko, Prince Hisahito —, Emperor Naruhito — Organizations: Tokyo, Imperial Household Agency, Law Locations: Tokyo

☆ A Ukrainian brigade armed with French tanks, artillery, and heavy weaponry is about to enter the fight
▼ + stars: | 2024-11-15 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +3 min

"Now they are able to fight, they are able to maneuver," a French colonel said. AdvertisementA Ukrainian brigade made up of thousands of soldiers trained in France and armed with French-supplied tanks, artillery, and heavy weaponry is about to enter the fight against Russia. It will also have 18 AMX 10 light tanks, 18 truck-mounted Caesar artillery pieces, 128 armored troop carriers, as well as anti-tank and antiaircraft missile systems, the French military said. The Ukrainian military is also training other troops for the brigade back in Ukraine, according to French authorities. The new Ukrainian brigade will enter the war at a critical time.

Persons: —, Anne, France —, Caesar, Ukraine's, Donald Trump Organizations: Service, Russia, Associated Press, Western, White, Trump Locations: France, Russia, French, Champagne, Ukraine, Kyiv, Ukrainian, Kursk, Europe

☆ Inside the Quest to Make Fusion Energy a Reality
▼ + stars: | 2024-11-15 | by ( Raymond Zhong | ) www.nytimes.com time to read: +15 min

The Quest to Build a Star on Earth Start-ups say we’re closer than ever to near-limitless, zero-carbon energy from fusion. Today’s fusion start-ups aren’t just preparing for this moment in the lab. Such advances helped the Lawrence Livermore National Laboratory produce more fusion energy than the energy in the incoming laser beams, for the briefest of moments, in 2022. They also helped European researchers generate record amounts of fusion energy at a facility in Britain last year. What worries researchers is how much some fusion start-ups are promising, and how soon.

Persons: General Atomics, Lawrence, —, Charles Darwin’s, Lord Kelvin, Darwin, Arthur Eddington, Nicolas Tucat, Bill Gates, Jeff Bezos, Vinod Khosla, Sam Altman, Kitty, presale, Gerald Navratil, Navratil, “, it’s, ”, Robert Goldston, you’ve, David James Bartho, Simon Simard, Tony Stark, Robert Downey Jr, Stark, Bob Mumgaard, Mumgaard, Brandon Sorbom, Sorbom, “ We’re, Dr, Earl Marmar, Thea Energy, Salvador Dalí, Cary Forest, Grant Hindsley, Richard Magee, “ It’s, Jean Paul Allain, there’s, Steven Cowley, Cowley, ” David Gates, you’d, Gates, ” Thea, Thea, Eos Organizations: Nuclear Fusion Facility, Lawrence Livermore National Laboratory, Agence France, Princeton University, University of Sydney, Underwood Archives, Getty, Fairfax Media, Commonwealth Fusion Systems, SPARC, The New York Times, ARC, Commonwealth, The New York, Dawn Princeton Plasma Physics, tokamaks, That’s, Massachusetts Institute of Technology, Energy, Thea, Zap Energy, Helion, Microsoft, General Fusion, West, Technologies, Department of, Princeton Plasma Physics Locations: France, Columbia, Princeton, Harwell , England, Britain, Massachusetts, Russian, Commonwealth, Seattle, Vancouver, Southern California

☆ Trump’s transition team caught off guard by Hegseth allegation
▼ + stars: | 2024-11-15 | by ( Kristen Holmes | Kaitlan Collins | ) edition.cnn.com time to read: +2 min

CNN —President-elect Donald Trump’s transition team was in the middle of announcing new Cabinet picks this week when they were informed of a sexual assault allegation about one of his previous selections, Pete Hegseth, stunning several members of Trump’s team who have since raised questions about the viability of his nomination, according to two people close to the situation. Within 48 hours, the heads of Trump’s transition team were brought a complaint about a sexual assault allegation regarding Hegseth. The campaign was brought information that aligns with what Monterey, California, police described as an investigation into “an alleged sexual assault” involving Hegseth on October 8, 2017. Wiles asked Hegseth if there were any other issues the team should be aware of moving forward. One source insisted that despite the surprise, the president-elect and the transition team were moving forward with the nomination at this time.

Persons: Donald Trump’s, Pete Hegseth, Trump’s, Trump, “, Hegseth, Susie Wiles, Wiles, Hegseth wasn’t Organizations: CNN, Fox News, California Federation of Republican Women, Facebook, Trump, Department of Veterans Affairs Locations: Monterey , California, Hegseth, Monterey County

☆ WNBA star Cameron Brink says she saves 90% of her income: 'I don't want to be working forever'
▼ + stars: | 2024-11-15 | by ( Morgan Smith | ) www.cnbc.com time to read: +1 min

While some athletes celebrate their first big paycheck with a splurge — NFL star Travis Kelce dropped $10,000 on a limited-edition pair of sneakers, Shaquille O'Neal spent $150,000 on a Mercedes Benz — WNBA star Cameron Brink hasn't touched hers. Brinks says she's saved about 90% of her total earnings from her first year in the league, adding that the WNBA isn't the principal driver of her income. "I want to ensure that I'm setting myself up for a comfortable lifestyle down the line because I definitely don't want to be working forever." Brink, who in college signed an endorsement deal with New Balance to become the brand's first female basketball player, had an NIL valuation topping $200,000 while at Stanford University, Sports Illustrated reports. In a league where player salaries are still as low as they are, such sponsorships can make all the difference.

Persons: Travis Kelce, Shaquille O'Neal, Cameron Brink, Caitlin Clark —, Brinks, she's, Brink, Taylor, Steph Curry, Armour, Chase Organizations: NFL, Benz, WNBA, Los Angeles Sparks, CNBC, Stanford University, Sports, Women's, Basketball Players, Vogue Business, Golden State Warriors

☆ I tried every flavor of Rao's tomato sauce I could find and ranked them from worst to best
▼ + stars: | 2024-11-15 | by ( Lizzy Briskin | ) www.businessinsider.com time to read: 1 min

AdvertisementI tried 14 flavors of Rao's Homemade tomato sauce and ranked them from worst to best. Today, the company that makes Rao's jarred sauces is owned by Campbell Soup. Rao's also sells more varieties of jarred sauce than some shoppers realize. To find out which versions were best, I tried every flavor of tomato-based pasta sauce I could find. Here's how they ranked from worst to best.

Persons: Rao's, Campbell Soup Locations: United States, Canada, India, New York City

☆ Opinion | Yes, Most People Probably Should Hold Off on Claiming Social Security
▼ + stars: | 2024-11-15 | by ( Peter Coy | ) www.nytimes.com time to read: +2 min

Many readers said that while they didn’t absolutely need to start collecting Social Security early, they calculated that they would come out ahead by investing some or all of their checks in the stock market rather than waiting. I agree with Peggy Bishop that some people simply have to collect Social Security at the first opportunity. They don’t have enough savings to tide them over to age 70 without Social Security. Saying you should delay claiming Social Security when possible is not the same as saying you should keep working past the breaking point of body and soul. Readers brought up other cases where claiming early might be the right decision, although it’s impossible to generalize.

Persons: it’s, Peggy Bishop, Teresa Ghilarducci, you’ve, you’ll, Readers, you’re Organizations: Social, Social Security

☆ Get more active to extend your life expectancy, study suggests
▼ + stars: | 2024-11-15 | by ( Kristen Rogers | ) edition.cnn.com time to read: +7 min

Increasing your physical activity levels could extend your life by several years, a new study has found. skynesher/E+/Getty ImagesMany studies have examined the connections between physical activity and longevity. The activity levels in that study were measured with accelerometers — wearable activity-tracking devices. Total activity levels in the lowest quartile were equivalent to walking for 49 minutes at roughly 3 miles (4.8 kilometers) per hour daily. Total activity levels in the second-, third- and fourth-highest quartiles were equivalent to 78, 105 and 160 minutes, respectively.

Persons: “, ”, Lennert Veerman, Veerman, ” Veerman, Andrew Freeman, wasn’t, Freeman, hasn’t, Peter Katzmarzyk, Katzmarzyk wasn’t, ” Katzmarzyk Organizations: CNN’s, CNN, British, of Sports Medicine, School of Medicine, Dentistry, Griffith University, National Health, National Center for Health Statistics, Jewish Health, Louisiana State, Pennington Biomedical Research, World Health Organization Locations: USA, Australia, Denver, United States, Europe

☆ The Trump trade that could have more to run as overall market loses steam
▼ + stars: | 2024-11-15 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +1 min

Bank stocks have popped since President-elect Donald Trump's win, but their move eight years ago suggests this rally still has more upside. Drilling down to bank stocks, specifically, within financials still shows that the group could have room to run. In 2016, bank stocks outperformed by 11.5 percentage points, compared to 6.9 points this year, according to the note. Bank stocks have seen big moves since Trump's win, as investors react to the expectation of a lighter regulatory touch from his administration. And while postelection rally for the broader market has cooled this week , bank stocks still look like one of the bests going forward, Harvey said.

Persons: Donald Trump's, Wells, Christopher Harvey, Harvey Organizations: Trump's, Bank, Bank of America, UST, Trump Locations: financials

☆ Germany's Scholz urges Putin in phone call to open talks with Ukraine
▼ + stars: | 2024-11-15 | by ( ) www.cnbc.com time to read: +2 min

German Chancellor Olaf Scholz (SPD, r) and Russian President Vladimir Putin look up after several hours of one-on-one talks at a joint press conference. Scholz met the Russian president for talks on the situation on the Ukrainian-Russian border. German Chancellor Olaf Scholz urged Russian President Vladimir Putin in a rare phone call on Friday to begin talks with Ukraine that would open the way for a "just and lasting peace." In a one-hour phone conversation, their first in almost two years, Scholz also demanded the withdrawal of Russian troops from Ukraine and reaffirmed Germany's continued support for Ukraine, a German government spokesman said. "He stressed Germany's unbroken determination to back Ukraine in its defence against Russian aggression for as long as necessary," the spokesperson added.

Persons: Olaf Scholz, Vladimir Putin, Scholz, Germany's, Volodymyr Zelenskiy, Putin, Donald Trump's, Trump Organizations: Ukraine, U.S, Social Democrats Locations: Russian, Ukraine, Russia, Germany, United States

☆ Musk Adds Microsoft to OpenAI Lawsuit, Accusing Them of an AI Monopoly
▼ + stars: | 2024-11-15 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +4 min

Elon Musk has added Microsoft as a defendant to an amended lawsuit against OpenAI. The suit, which also adds Reid Hoffman as defendant, accuses Microsoft and OpenAI of forming a monopoly. AdvertisementThe suit describes Microsoft's partnership with OpenAI as a "de facto merger" and said, "Microsoft is now OpenAI, and OpenAI, Microsoft." The amended lawsuit is the latest escalation between longtime rivals Musk and Sam Altman, the CEO of OpenAI. Microsoft, OpenAI, and Hoffman didn't immediately respond to requests for comment from Business Insider, made outside normal working hours.

Persons: Elon Musk, Reid Hoffman, OpenAI, —, Shivon Zilis, Zilis, Musk, Mustafa Suleyman, Sam Altman, cofounders Altman, Greg Brockman, SoftBank, Navneet Govil, Govil, BI's Hasan Chowdhury, Hoffman didn't, Hoffman Organizations: Microsoft, OpenAI, Service, Bloomberg, New York Times, OpenAI's San, Financial Times, Business Locations: Neuralink, Northern California, OpenAI's, OpenAI's San Francisco

☆ Oil dips on oversupply concerns, heads for weekly loss
▼ + stars: | 2024-11-15 | by ( ) www.cnbc.com time to read: +2 min

Oil prices edged down early on Friday as oversupply concerns and demand worries stemming from a stronger dollar outweighed a steep draw in U.S. fuel stocks. Distillate stockpiles, which include diesel and heating oil, also fell unexpectedly by 1.4 million barrels, the data showed. Signs of stronger demand supported oil prices, ANZ analyst Daniel Hynes said. The Paris-based agency raised its 2024 demand growth forecast by 60,000 barrels per day to 920,000 bpd, and left its 2025 oil demand growth forecast little changed at 990,000 bpd. Also pressuring oil prices, the dollar surged on Thursday to a one-year high and headed for a fifth-straight daily gain fueled by higher yields and Donald Trump's presidential election victory in the United States.

Persons: Brent, Daniel Hynes, group's, Donald Trump's Organizations: Brent, . West Texas, Energy Information Administration, EIA, ANZ, International Energy Agency, Organization of, Petroleum, greenback Locations: Russia, U.S, Paris, China, India, United States

☆ Josh Brolin says he uses nicotine pouches '24 hours a day' and sleeps with them in his mouth
▼ + stars: | 2024-11-15 | by ( Amanda Goh | ) www.businessinsider.com time to read: +3 min

Josh Brolin says he uses nicotine pouches almost all the time, including while he's asleep. He switched to nicotine pouches after getting cavities from nicotine lozenges, he said on a podcast. Nicotine pouches like Zyn are getting increasingly popular but aren't FDA-approved to help quit smoking. Brolin said he switched to using nicotine pouches after he got cavities from nicotine lozenges. Nicotine pouches are small microfiber pouches that contain a powdered mix of nicotine, flavorings, and other ingredients, per the CDC.

Persons: Josh Brolin, —, Marc Maron, Brolin, I'm Organizations: FDA, Service, National Library of Medicine, CDC, Wall, Business

☆ Mortgage rates may be stabilizing after the election. Here's what to expect into early 2025
▼ + stars: | 2024-11-15 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +3 min

Don't expect 'huge swings' on mortgage ratesElection uncertainty contributed to an upward swing in mortgage rates during October. But now that we have a president-elect, mortgage rates are expected to gradually come down over time, Lautz said. Experts say that mortgage rates might head into a "bumpy" or "volatile" path over the next year. "Our expectation is that rates are going to be in the 6% range as we move into 2025," she said. For example, if you bought your home around this time last year, when mortgage rates peaked at around 8%, you might benefit from a mortgage refinance, Lautz said.

Persons: Freddie Mac, it's, Jessica Lautz, Lautz, Jerome Powell, Robert Dietz, Jessica Lautz Jessica Lautz, Jeff Ostrowski, Jacob Channel Organizations: Getty, Federal Reserve, National Association of Realtors, Treasury, Trump, Federal, CNBC Locations: U.S

☆ Elon Musk's DOGE is looking for people to help cut government spending. But is he offering a real job? And is it paid?
▼ + stars: | 2024-11-15 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +3 min

DOGE hasn't answered questions about pay, or whether you need an X account to apply. AdvertisementMusk didn't respond to an email from BI, and the DOGE account didn't respond to a direct message. Representatives for Vivek Ramaswamy, who incoming President Trump tapped to co-lead DOGE alongside Musk, also didn't respond to a request for comment. DOGE's post on X asks prospective applicants to send their resumes via direct message to its X account. Still, a job seeker would need to have an X account — even if just a free one — to send a direct message to DOGE.

Persons: Musk, hasn't, Elon Musk, —, didn't, Brian Hughes, Trump, Vivek Ramaswamy Organizations: Elon Musk's Department, Government, Department of Government, Trump, — Department, DMs, BI

☆ Alibaba shares rise 5% in premarket after Chinese tech giant posts 58% jump in profit
▼ + stars: | 2024-11-15 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +2 min

Alibaba said net income rose 58% year-on-year to 43.9 billion Chinese yuan ($6.07 billion) in the company's quarter ending Sept. 30, on the back of the performance of its equity investments. This compared with a LSEG outlook of 25.83 billion yuan. Revenue, meanwhile, came in at 236.5 billion yuan, 5% higher year-on-year but below an analyst forecast of 238.9 billion yuan, according to LSEG data. Investors are closely watching the performance of Alibaba's main business units, Taobao and Tmall Group, which reported a 1% annual uptick in revenue to 98.99 billion yuan in the September quarter. The e-commerce giant's overseas online shopping businesses, such as Lazada and Aliexpress, meanwhile posted a 29% year-on-year hike in sales to 31.67 billion yuan.

Persons: Alibaba, — Organizations: Tmall, ING Locations: York, London, Beijing

☆ Why Australian zoo is asking Sydney residents to catch deadly funnel-web spiders
▼ + stars: | 2024-11-15 | by ( Issy Ronald | ) edition.cnn.com time to read: +3 min

CNN —If you saw an enormous, deadly funnel-web spider sitting on her egg sac, your first instinct might be to run away. Funnel-webs, whose most dangerous species lives in and around Sydney, are known for their deadly, fast-acting venom. The zoo is the sole supplier of funnel-web spider antivenom, which it produces by milking the spiders collected. “We want to encourage the spider with her egg sac into the jar in one movement, trying not to make her so angry that she destroys the egg sac,” Teni says in the video. Each egg sac contains about 150-200 spiderlings, making it a valuable source of antivenom.

Persons: Emma Teni, Teni, antivenom, ” Nicole Webber, Karen Wright, “, ” Organizations: CNN Locations: New South Wales, Sydney

☆ YouTube has added a 'gifting' feature to its vertical streams, ramping up the competition for livestream e-commerce
▼ + stars: | 2024-11-15 | by ( Kenneth Niemeyer | ) www.businessinsider.com time to read: +3 min

YouTube is adding a "gifting" feature for vertical livestreams that allows users to purchase digital gifts for streamers, similar to a feature that fuels livestream sales on TikTok. Related Video TikTok could be banned in US after House voteTikTok's LIVE Gifts feature operates similarly. Livestream e-commerce in the United States is expected to grow to $68 billion by 2026, according to Statista, a data research firm. AdvertisementGoogle is also looking to expand its own shopping feature. YouTube Shopping allows creators to make "collections" of products that viewers can purchase.

Persons: TikTok, ByteDance Organizations: YouTube, Google, Forbes Locations: China, TikTok, United States, livestreams, Culver City , California, Indonesia

☆ CNBC's Inside India newsletter: India's growing wealth divide
▼ + stars: | 2024-11-15 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +9 min

The rise in India's income and wealth inequality is not a result of the poor getting poorer, Sumedha Dasgupta, senior analyst at the Economist Intelligence Unit (EIU) flags. India's income gap (which is the difference in wages earned between different demographic) comes alongside a worsening wealth divide too. Instead, the phenomenon comes as the "rich are getting much richer at a faster rate," she told CNBC's Inside India. India's 3 household groupsA more pressing issue brought on by India's wealth and income divide is the emergence of different categories of households with distinct standards of living. Unequal education opportunitiesThe EIU's Dasgupta attributes India's vicious wealth and income gap cycle in large part to mismatched education opportunities.

Persons: Knight Frank, Dasgupta, CNBC's, Shumita Deveshwar, Deveshwar Organizations: Economist Intelligence Unit, Blume Ventures, Oxfam, Private, Department of School Education, Global Commons Alliance, TS Lombard Locations: India, United States, Brazil, South Africa, Venture, Saharan Africa, Indian

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