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☆ During summer my family moves from New York City to Illinois. Summer camp is more affordable there.
▼ + stars: | 2024-06-17 | by ( ) www.businessinsider.com time to read: +5 min

I've always wanted my kids to experience the joy of summer camp — hiking, singing, and weaving colorful friendship bracelets. Thankfully, I'm an educator who doesn't work full-time during the summer, so we usually pursue an economical option, the DIY "Mama Camp." The author — who has summers off — would do "mama camp" with her children in New York City. Courtesy of the authorMy kids never complained about Mama Camp — but I still wanted them to see what camp was like with other kids. This year, "Mama Camp" will allow some time for Mama to play too.

Persons: I've, —, Mama Camp —, I'm, Mama Organizations: Service, Business, Parks Department Locations: New York, New York City, Queens, —, Illinois, Chicago, Manhattan, sister's

☆ Japan did it first. Chinese stocks with some of the biggest global upside
▼ + stars: | 2024-06-16 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +5 min

If the international expansion of Japanese companies is any guide, Chinese companies still have significant potential left in the global market. The company did not break out overseas revenue for the first quarter, but said overall revenue grew by 14% from a year ago to 3.8 billion yuan. When compared to Japanese companies, the contribution of overseas revenue to the total for Chinese businesses is low across industries. "We believe Zhejiang Dingli will benefit from strong boom lift sales growth, especially in the US market," the HSBC report said. I think the conversation has moved now more toward being tough on global trade or free trade," David Chao, global market strategist, Asia Pacific (ex-Japan), at Invesco, said during a webinar Thursday.

Persons: Steven Sun, Christine Peng, Anker, Dingli, Snibe, David Chao, — CNBC's Michael Bloom Organizations: HSBC, CSI, Japan's Nikkei, HSBC Qianhai Securities, UBS Asia Pacific, Companies, Amazon, Apple, Google, U.S . Commerce Department, Shenzhen New Industries Biomedical Engineering, Asia Pacific, U.S, Association of Southeast Asian Nations, Union Locations: China, Japan's, Shanghai, Germany, Indonesia, East, South America, Shenzhen, Zhejiang, Snibe — Shenzhen, U.S, Asia, Japan, Invesco, Singapore, The U.S

☆ China wants a fleet of aircraft carriers for pride and power, and it's building it at a breakneck pace
▼ + stars: | 2024-06-15 | by ( Chris Panella | ) www.businessinsider.com time to read: +9 min

Read previewChina is building a fleet of aircraft carriers, making technological and capability jumps at a breakneck pace. An aerial drone photo taken on May 1, 2024 shows China's third aircraft carrier, the Fujian, during its maiden sea trials. The aircraft carrier USS Gerald R. Ford transits the Strait of Gibraltar, Jan. 5, 2024. For China, having aircraft carriers allows it to enjoy many of those perks. A composite image shows the American flag flying near the bridge of the US Navy's first-in-class aircraft carrier USS Gerald R. Ford and the Chinese flag flying near China's aircraft carrier Shandong.

Persons: —, Pu, would've, Matthew Funaiole, Xi Jinping, Kyle Amonson, Dane Egli, Xi, Funaiole, Gerald R, Navy Petty, Jacob Mattingly, Trenton, Li Gang, Cmdr, Michael Dahm, Peter W, Singer, Guy Snodgrass Organizations: Service, Business, Ford, Getty, China Power, Center for Strategic, International Studies, Jiangnan Shipyard, Getty Images, People's Liberation Army, Communist Party, US Coast Guard, Pacific Affairs, Chinese Communist Party, US Navy, Navy, DoD Aircraft, South China Seas, Pacific, Communication, Trenton Edly, US, New America, Defense, PLA Navy's Locations: China, Fujian, Shandong, Liaoning, Xinhua, Getty Images China, Taiwan, People's Republic of China, Gibraltar, Jan, South, Beijing

☆ The complicated partnership between Apple and OpenAI
▼ + stars: | 2024-06-14 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +9 min

Nearly an hour later, the iPhone maker announced a much-rumored partnership with OpenAI to bring its ChatGPT technology to devices later this year. “I think Apple will take a pragmatic approach to the OpenAI partnership,” Wood said. Apple said it will not share any personal user information with OpenAI, so inquiries made through ChatGPT won’t be linked to an Apple user’s account. So it came as no surprise when some industry watchers, including Elon Musk, were quick to react to Apple’s partnership with OpenAI. “When users do query ChatGPT, Apple will track the prompts and gather metrics to improve its own models,” he said.

Persons: Sam Altman, Steve Wozniak, OpenAI, Altman, Tim Cook, ”, Ben Wood, “ Apple, Siri, Apple, ” Wood, Jeff Chiu, It’s, ” Cook, it’ll, Wood, Reece Hayden, Elon Musk, Musk, ” Musk, Annette Zimmermann, ” Andrew Cornwall, Forrester, “ Organizations: CNN, Apple, Insight, Apple Intelligence, Nvidia, Microsoft, ChatGPT, ABI Research, Industry, OpenAI, SpaceX, Gartner Locations: China, Washington, Cupertino , Calif

☆ Beatrice Advisors launches to serve millennial and Gen Z investors from diverse backgrounds
▼ + stars: | 2024-06-13 | by ( Robert Frank | ) www.cnbc.com time to read: +6 min

Christina Lewis, founder of Beatrice Advisors, at her home office with a portrait of her father, Reginald Lewis. Her experience and success in forming her own family office and running two foundations has led her to her new venture: a multifamily office aimed at the next generation, targeting people like herself. Lewis’ company, called Beatrice Advisors, aims to change the traditional business of managing the fortunes of the wealthy and inheritors. Beatrice Advisors aims to make education and accessibility paramount since many young inheritors will be new to managing wealth, Lewis said. A growing number of ultra-wealthy families are turning to multifamily offices for generational wealth transitions, given their expertise in family wealth dynamics and governance.

Persons: Christina Lewis, Beatrice, Reginald Lewis, ”, that’s, Lewis, Christina, “, ” Lewis, ” Christina Lewis, Robert Frank, inheritors, Lewis ’, ” “, Meredith Bowen, ” Bowen, Bowen, Reginald F Organizations: Beatrice Advisors, International, Advisors, Cerulli Associates, Disney, Seven Bridges Advisors, Lewis Foundation Locations: American

☆ Ukraine's big strike on Crimea shows how its older missiles can take out Russia's most advanced air defenses
▼ + stars: | 2024-06-13 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +5 min

Read previewUkraine's latest claimed strike on Crimea is likely another example of how its older, Western-supplied missiles can foil even Russia's most advanced air-defense systems. Rybar, an influential Russian military blogger, said on Monday that Ukraine had attacked Crimea with at least 12 ATACMS missiles. AdvertisementThe S-400 is Russia's most advanced air defense system. Ukraine said none of its missiles were downed in the attack, while mocking Russia's descriptions of its own air defenses. "None of our missiles fired were intercepted by the enemy's 'highly effective' air defense," Ukraine's General Staff said.

Persons: —, Rajan Menon, DIMITAR DILKOFF, Ian Williams, Fredrik Mertens, Maxim Shemetov, George Barros, Philip Karber Organizations: Service, Ukraine's, Staff, Business, Washington, for, Defense, Getty, US, UK Ministry of Defence, Russian Telegram, Missile Defense, Center for Strategic, International Studies, Storm, Hague, Strategic Studies, REUTERS, Institute for Locations: Crimea, Russian, Russia, Ukraine, AFP, France, Ukrainian, Moscow, Russian Kerch

☆ The digital dermatologist will see you now
▼ + stars: | 2024-06-13 | by ( Susan Griffin | ) edition.cnn.com time to read: +8 min

video calls and digital images to discuss skin concerns remotely) compared to 14.1% pre-Covid, said the American Academy of Dermatology. The advent of digital dermatology, pushed forward by increasingly innovative and sophisticated digital tools — not only smartphones and video calling apps but artificial intelligence — is enabling a growing number of global brands to diagnose, prescribe and produce bespoke creams via virtual consultation rooms. I tried Klira, a digital dermatology service co-founded in 2021 by British dermatologist Dr. Emma Craythorne. From Simon Ourian MDWhile digital dermatology makes it possible to access the expertise of people who might otherwise be out of your price bracket or zip code, there are inevitable drawbacks and limitations to using a digital dermatologist exclusively. “Although it was not a total transformation, my skin did get a bit better and I would recommend the digital dermatologist route,” she said.

Persons: tweens, ”, Shoshana Marmon, Emma Craythorne, Klira’s, dermatologists, Craythorne, Claire Todd, Emily Thompson, Dr Simon Ourian, Kim Kardashian, Megan Fox —, Dr Simon, “ I’d, Simon Ourian, Thompson, ” Dr, Ifeoma Ejikeme, Bryony Firth, “, I’d, I’ve, Ejikeme Organizations: CNN, Technology, American Academy of Dermatology, Dermatology, New York Medical College, Klira, Adonia Medical Clinic Locations: Cleethorpes, England, Los Angeles, London, Bernard, Gloucestershire, New York

☆ Electric ‘seagliders’ that skim over water could make ferries a thing of the past
▼ + stars: | 2024-06-12 | by ( Jacopo Prisco | ) edition.cnn.com time to read: +8 min

More than 600 seagliders have already been sold for a total of over $9 billion, according to Thalheimer. “When you’re coming in on a bumpy approach, then sort of get right over the runway, and the plane just sort of floats for a second before landing — that’s the ground effect at work. Wouldn’t that be a great place to spend the entire flight, that nice calm state over the runway?”The United States and Germany also experimented with ground effect vehicles, but ultimately the concept never took off. First, Thalheimer says, seagliders are better at dealing with waves than vintage ekranoplans. Old ground effect vehicles were more akin to aircraft, with pilots controlling them at all times.

Persons: “ We’re, ”, Billy Thalheimer, REGENT, seagliders, Regent, Thalheimer, ekranoplans, Rather, “, Brittany Ferries, Ras Al Khaimah, Darren Biddlecombe Organizations: CNN, REGENT, United Arab, Regent, Air Mobility, Key West, Japan Airlines, New, Abu Dhabi Department of Transport Locations: Boston, North America, Abu Dhabi, United Arab Emirates, Europe, Asia, Dubai, Soviet Union, United States, Germany, Hawaii, Miami, Key, Bahamas, Brittany, France, Italy, New Zealand, Ras Al

☆ Amtrak Pays Executives Six-Figure Bonuses as Losses Continue
▼ + stars: | 2024-06-12 | by ( Mark Walker | ) www.nytimes.com time to read: +1 min

Fourteen Amtrak executives received more than $200,000 each in incentive bonuses last year despite the service’s poor recent financial performance and struggles with its capital improvement projects, according to documents obtained by The New York Times. In 2023, Amtrak paid out more than $5 million in short- and long-term incentive bonuses to its executives even as the passenger rail service posted $1.7 billion in losses, according to records obtained from Senator Ted Cruz’s office. “It’s inexplicable that a dozen-plus Amtrak executives collected six-figure bonuses on the taxpayer’s dime.”Amtrak says the executive bonuses are necessary to attract and retain talent and rail expertise. Its incentive bonus program for 2021 came under intense scrutiny after The New York Times reported that the company had paid about $2.3 million in bonuses when the rail service reported its lowest revenue and biggest losses in more than a decade. On Wednesday, the House Transportation and Infrastructure Committee held a hearing to discuss two bills to increase transparency and accountability around the Amtrak bonus payouts.

Persons: Ted Cruz’s, Mr, Cruz, “ Organizations: Amtrak, The New York Times, D.C, New York Times, House Transportation, Infrastructure Locations: Boston, Washington

☆ Exclusive: Health AI startup Anterior raised $20 million from NEA and Sequoia. Here's the pitch deck it used.
▼ + stars: | 2024-06-10 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +4 min

Many healthcare startups have targeted administrative tasks on the provider side, like SmarterDx, which just raised a $50 million Series B in June. Wu said NEA chose to invest in Anterior in part because of its focus on health plans. Anterior's $20 million Series A will help the startup accelerate hiring to take on more health plan customers, Mahmoud said. Wu said the firm sees a big opportunity for Anterior to package a range of tools for health plans as AI technologies become more widespread. See the 18-slide pitch deck Anterior used to grab a $20 million Series A.

Persons: —, It's, Mustafa Suleyman, Adrian Aoun, Blake Wu, Abdel Mahmoud, we'd, we've, Mahmoud, Wu, Anterior's Organizations: Service, NEA, Business, Sequoia, Lion, Microsoft, Cohere, Meta, Google, McKinsey & Company, Amazon Locations: Sequoia Arc

A Southwest Airlines jet comes in for a landing at Laguardia Airport in New York City, New York, U.S., January 11, 2023. Activist hedge fund Elliott Management has amassed a $1.9 billion stake in Southwest Airlines and plans to push for leadership changes at the airline that has lagged big rivals. Elliott said it intends to "pursue all available pathways to deliver the leadership changes" the activist believes Southwest needs. Jordan and Kelly have "presided over a period of stunning underperformance at" Southwest, Elliott said. In just the last few months, the activist has taken a $2.5 billion stake in semiconductor firm Texas Instruments , a $2 billion stake in Japanese conglomerate SoftBank and a $1 billion stake in mining concern Anglo American .

Persons: Elliott, Bob Jordan, Gary Kelly, Jordan, Kelly, Henry Harteveldt, Elliott's Organizations: Southwest Airlines, Laguardia, Elliott Management, Southwest, Delta Air Lines, United Airlines, CNBC, Atmosphere Research, Boeing, Crown, Texas Instruments Locations: New York City , New York, U.S, Southwest, Texas

☆ What Gen Z gets wrong about work
▼ + stars: | 2024-06-10 | by ( Clay Routledge | ) www.businessinsider.com time to read: +11 min

Gen Z wants to talk about mental health. In a 2023 survey of nearly 3,000 people, Gen Z was almost twice as likely as other generations to say they struggled with their mental health. Related storiesA healthy work environment is one where people feel supported and encouraged to do meaningful work — not one that fixates on their mental health. What does have a tangible impact on people's well-being at work is whether they find their work meaningful. Instead, employers should ensure their staff have access to mental-health care while building a positive culture that promotes meaningful work.

Persons: Z, Gen Z, Gen Zers, Selena Gomez, Simone Biles, Demi Lovato, they've, They've, Mercer, isn't, Gallup, Severance, it's, There's, I've, Clay Routledge Organizations: US Chamber of Commerce, American Psychiatric Association, CVS, Harris, CNN, National Alliance, Mental, Workers, Research, Archbridge Institute

☆ With EVs, Honda may be North America's most committed automaker, for the moment
▼ + stars: | 2024-06-09 | by ( Kevin Williams | ) www.cnbc.com time to read: +6 min

While missing a host of brands, this year's edition of the Los Angeles Auto Show debuted a range of new models. But at least one automaker says it is ramping up its North American EV strategy in 2024: Honda Motor Company. Honda's EV moves come against the backdrop of EV pullbacks from other major auto manufacturers; and in some cases, shelved EV plans altogether. GM itself is playing a key role in the first mass-market EV Honda is introducing, the Prologue. The All-Electric Acura ZDX is displayed during the 2023 Los Angeles Auto Show at the Los Angeles Convention Center on November 24, 2023 in Los Angeles, California.

Persons: Josh Lefkowitz, Ford, Bob Nelson, Nelson, BEV, It's, Honda, Cliff Banks, Banks, Mary Barra, Jenni Newman, Kelley Blue, Tesla, Newman Organizations: Angeles Auto, Los Angeles Convention Center, Los Angeles Auto, Getty, Honda Motor Company, Canadian EV, pullbacks, GM, American Honda Motor Co, Honda, EVs, Banks, Auto, NBC News, EV Honda, Acura, Subaru Locations: Los Angeles , California, Canadian, Ohio, American, Canada

☆ US officials who resigned over Biden’s Gaza policy are working together to put pressure on admin
▼ + stars: | 2024-06-08 | by ( Jennifer Hansler | Kylie Atwood | ) edition.cnn.com time to read: +10 min

CNN —A group of US officials who publicly resigned over the Biden administration’s Gaza policy are banding together to support ongoing dissent and put pressure on the government to change course. Many of the officials who resigned publicly said they would instead seek to have an impact outside the government. Some of those who publicly resigned had particular breaking points; others said it was the collective toll of incidents throughout the conflict. Biden administration officials have said that they respect differences of opinions. Many officials told CNN they spoke with other officials who had resigned publicly to seek advice before going public with their own resignations.

Persons: Joe Biden, Josh Paul, Harrison Mann, Tariq Habash, Annelle Sheline, Hala Rharrit, Lily Greenberg, Alex Smith, Stacy Gilbert –, Josh Paul CNN “, ”, Paul, …, ” Mann, Gilbert, “, Israel, Stacey Gilbert, Stacey Gilbert “, ” Gilbert, Biden, Matthew Miller, Samantha Power, ‘, Smith, Mann, ” Smith, Alex Smith CNN, Greenberg, ” Lily Greenberg, didn’t, ” “, ” Greenberg Organizations: CNN, Biden, Israel, State Department, ”, US Agency for International Development, USAID, NPR, Interior Department, Army, Defense Intelligence Agency Locations: Gaza, Israel, –, United States

☆ Scientists develop ultra-thin battery for smart contact lenses that could be charged by tears
▼ + stars: | 2024-06-06 | by ( Nessa Anwar | ) www.cnbc.com time to read: +1 min

Scientist Lee Seok Woo said a scene from a "Mission Impossible" movie inspired his latest invention: batteries for smart contact lenses. In the fourth film of the series, an agent wears contact lenses capable of facial recognition and eye tracking. "I was thinking, 'How can I work in this field of smart contact lenses?'" He realized smart contact lenses would need safe and compact batteries, which would be crucial for advancing development of these devices. Contact lenses themselves are extremely thin, at 0.5 mm, thus the size and flexibility of these batteries are key to preventing user discomfort.

Persons: Lee Seok Woo, Lee, CNBC's Organizations: Nanyang Technological University's, of Electrical, Electronical Engineering Locations: Nanyang

☆ The super-thin battery that could power smart contact lenses
▼ + stars: | 2024-06-06 | by ( Nessa Anwar | ) www.cnbc.com time to read: +5 min

For over a decade, companies around the world have attempted to create smart contact lenses, but they never got down to incorporating electronic components to make a safe battery. LEE SEOK WOO: So, when I decided to work on contact lenses and the power supply to the smart contact lens, I was concerned about the safety because the lithium-ion battery has the issue of the explosion or catching fire. Unlike traditional contact lenses, smart contacts have the potential to do more than just correcting the users' eyesight. So, it might be hard to implant all the devices into one smart contact lens. And of course, the technology needs to be patented first before these smart contact lenses become a reality.

Persons: Let's, Lee Seok Woo, NESSA ANWAR, LEE SEOK WOO, Lee's, . LEE, LEE, Li Zongkang, LI Organizations: Nanyang Technological University's, of Electrical, Electronic Engineering, CNBC Locations: Singapore

☆ China is trying to overcome weaknesses in its military by 'aggressively recruiting' Western pilots to train its aviators, Five Eyes intel allies warn
▼ + stars: | 2024-06-05 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

Read previewChina is "aggressively recruiting" Western military personnel to train its air force pilots and naval aviators, attempting to lure them in with "lucrative" contracts and promises of opportunities to fly "exotic aircraft," the US and its allies are warning. Related storiesChinese schemes target Western pilots, flight engineers, air operations center personnel, and technical experts knowledgeable about military tactics, techniques, and procedures. The Chinese military "wants the skills and expertise of these individuals to make its own military air operations more capable while gaining insight into Western air tactics, techniques, and procedures," the newly released bulletin said. Advertisement"The insight the PLA gains from Western military talent threatens the safety of the targeted recruits, their fellow service members, and US and allied security," it added. Despite efforts from Western governments to warn its veterans and military personnel about the Chinese poaching efforts, the recruitment continues to evolve, the bulletin noted.

Persons: —, New Zealand —, Michael Casey, Chen Jimin, Casey, Wang Jingtian Organizations: Service, New Zealand, NATO, People's Liberation Army, Business, PLA, US National Counterintelligence and Security, Zhuhai Air Show, China News Service, Getty, US, Job, US Marine Corps Locations: China, Canada, Australia, New, Beijing, Washington, Changchun, China's Jilin Province

☆ Allies Warn Former Fighter Pilots Not to Train Chinese Military Members
▼ + stars: | 2024-06-05 | by ( Julian E. Barnes | Helene Cooper | ) www.nytimes.com time to read: +1 min

For years, U.S. officials have accused China of stealing American technology to design and build fighter planes. But while China learned how to build advanced fighters, its pilots could not fly them so well. U.S. and allied intelligence officials warned on Wednesday that Beijing was intensifying a campaign to entice former fighter pilots from Western nations to train Chinese pilots. “To overcome their shortcomings, China’s People’s Liberation Army has been aggressively recruiting Western military talent to train their aviators, using private firms around the globe that conceal their P.L.A. ties and offer recruits exorbitant salaries,” said Michael C. Casey, the director of the U.S. National Counterintelligence and Security Center.

Persons: —, “, ”, Michael C, Casey Organizations: Liberation Army, U.S . National Counterintelligence and Security Center Locations: China, Beijing, United States, Britain, Canada, Australia, New Zealand

☆ How to get better at public speaking by learning from Sheryl Lee Ralph, Lizzo, and other icons
▼ + stars: | 2024-06-05 | by ( Sarah Gershman | In Greenroomspeakers | ) www.cnbc.com time to read: +4 min

Sheryl Lee Ralph accepts the Outstanding Supporting Actress in a Comedy Series award for "Abbott Elementary" on stage during the 74th Annual Primetime Emmy Awards on September 12, 2022. But occasionally, I witness an acceptance speech that takes my breath away. Here are five lessons from some of my favorite acceptance speeches that you can adopt to become a riveting public speaker. Lesson 1: Surprise us like Sheryl Lee RalphThere's an old public speaking adage: "Tell them what you are going to tell them. Watch Sheryl Lee Ralph deliver her 2022 Emmys acceptance speech for Best Supporting Actress in "Abbott Elementary."

Persons: Sheryl Lee Ralph, Abbott, I've, Sheryl Lee Ralph There's, Dianne Reeves, doesn't, Michelle Yeoh, Alfred Hitchcock, Irving G, Thalberg

☆ Opinion | Will A.I. Be a Creator or a Destroyer of Worlds?
▼ + stars: | 2024-06-05 | by ( Thomas B. Edsall | ) www.nytimes.com time to read: +4 min

— artificial intelligence — is spurring curiosity and fear. paper, Acemoglu contended that artificial intelligence has the potential to improve employment prospects rather than undermine them:It is quite possible to leverage generative A.I. as an informational tool that enables various different types of workers to get better at their jobs and perform more complex tasks. Think of a generative A.I. To turn generative A.I.

Persons: Will A.I, Daron Acemoglu, David Autor, Simon Johnson, Johnson, Acemoglu, ” Acemoglu, — Tyna Eloundou, Pamela Mishkin, Sam Manning, Daniel Rock Organizations: Machines, of, World Trade Association, A.I, OpenAI, Centre, University of Pennsylvania, Labor Locations: M.I.T, United States, Autor, China, A.I

☆ White House again forced into damage control effort to dispel concerns about Biden’s age
▼ + stars: | 2024-06-05 | by ( Stephen Collinson | ) edition.cnn.com time to read: +10 min

CNN —It’s the recurring threat President Joe Biden’s reelection bid will never be able to fully outrun. Democrats accused Republicans quoted or referred to in the account of making false claims and contradicting previous statements to damage Biden politically. But all it takes is one halting on-camera moment or media report to revive the frenzy over Biden’s age. Biden’s team habitually dismisses any concern over his capacity, and his doctors have certified him fit for duty. But they are concerned about Biden’s age.

Persons: CNN —, Joe Biden’s, Biden, Washington Sen, Patty Murray, Donald Trump isn’t, Trump, it’s, Biden —, —, he’s, ” Biden, that’s, ” Massimo Calabresi, Calabresi, ”, Joe, Kevin McCarthy, “ He’s, Mike Johnson, “, Andrew Bates, Robert Hur’s, — François Mitterrand, Helmut Kohl –, Ronald Reagan Organizations: CNN, Wall, White, Republicans, ABC, “, Trump, Republican, White House, Congressional, Atlantic Locations: Ukraine, Time’s Washington, “, New York, Hell, Egypt, Mexico, ”, France, California, Italy

☆ Space elevators could get us to Mars in record time — and Japan is planning one for 2050
▼ + stars: | 2024-06-05 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +8 min

The concept of space elevators isn't new, but engineering such a structure would be no easy feat, and many other issues besides technology stand in the way. Japan aims to build a space elevator by 2050Japan's Skytree Tower is tall, but it's nowhere near as big as a space elevator. AdvertisementAccording to some designs, space elevators would shuttle cargo to orbit on electromagnetic vehicles called climbers. Other estimates for space elevators in general have put the price at $227 per pound. For instance, a space elevator's tether would be under such incredible tension that it would be prone to snapping, Johnson said.

Persons: —, Yoji Ishikawa, Ishikawa, Christian Johnson, Johnson, Garlic, There's, Victor Habbick, Obayashi, haven't Organizations: Service, Business, Obayashi Corporation, Kyodo, Science, Getty, NASA, Obayashi Locations: Japan, Tokyo, Earth

Opinion Guest Essay Why the Pandemic Probably Started in a Lab, in 5 Key Points Illustration by Mike McQuade. Here’s what we now know:1 The SARS-like virus that caused the pandemic emerged in Wuhan, the city where the world’s foremost research lab for SARS-like viruses is located. Wuhan China Taiwan Laos South China Sea Thailand The pandemic started roughly 1,000 miles away, in Wuhan, home to the world’s foremost SARS-like virus research lab. Wuhan China East China Sea india Taiwan Myanmar Laos South China Sea philippines Thailand The pandemic started roughly 1,000 miles away, in Wuhan, home to the world’s foremost SARS-like virus research lab. In the United States, virologists generally use stricter Biosafety Level 3 protocols when working with SARS-like viruses.

Persons: Mike McQuade, Anthony Fauci, —, Shi Zhengli, Shi’s, Sarah Temmam et, Shi, coronavirus, EcoHealth, Peter Daszak, Biden, Daszak, Baric, Jesse Bloom, Fauci Organizations: Getty Images, National Institute of Allergy, Wuhan Institute of Virology, China East China, U.S, New York, Facebook Locations: United States, Wuhan, China, Yunnan, Southeast Asia, Laos, Yunnan province Taiwan Laos, Laos South China, Thailand, China East China, Taiwan Myanmar Laos South China, Laos philippines Thailand, Taiwan Laos South China, China East, philippines Thailand, Wuhan China Taiwan Laos South China, Wuhan China East China, China Wuhan East China, Covid, MERS

☆ Top MBAs are flocking to search funds. One Harvard grad explained why he founded a $600,000 fund to buy tech companies.
▼ + stars: | 2024-06-03 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +5 min

He landed on an option that's becoming increasingly popular with top MBAs and entrepreneurs: launching his own search fund. AdvertisementHere are three reasons why he decided on a search fund:Shift in the search fund businessSingh graduated from Harvard's MBA program in 2022. "Historically, tech people have stayed away from search funds because it's not exciting to them," he said. These could be projects that convert on-premise software companies to cloud companies or projects that change one-time software purchases to yearly subscriptions. Singh said he knew of about 20 MBAs from his Harvard cohort who started search funds, out of about 800 in his class.

Persons: —, Gaurav Singh, Singh, that's, he'd, wouldn't, Harvard Organizations: Service, Harvard Business School, Business, Stanford Graduate School of Business, Stanford, Investors Locations: Toronto, Stanford, Midwest

☆ I made $100,000 selling my backyard. Now a developer will use it to build more homes California so desperately needs.
▼ + stars: | 2024-06-03 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +6 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. I have a moderate front yard that wraps around because it's a corner lot, and then a large backyard. You don't do anything with your backyard and you're always complaining about affordable housing for people in Sacramento. It would become its own separate lot with its own separate address, and a developer would build a stacked duplex on it. I hate yard work, and now I'm going to have to do a lot less of it.

Persons: —, Jeremy Cullifer, I've, It's, BuildCasa, Bill, it's, I'm, Cullifer, you've, We've Organizations: Service, Business Locations: Sacramento, New York City, California, It's

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