DIRS.INFO The most relevant business & tech news

☆ Elite investor Ray Dalio says risk of US civil war is up to 40% — and thinks Taylor Swift could be a good president
▼ + stars: | 2024-05-17 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +1 min

Ray Dalio sees up to a 40% chance that political division in the US escalates into civil war. The hedge fund billionaire has repeatedly warned about US debt and internal and external conflicts. Dalio half-jokingly endorsed Taylor Swift for president, citing her ability to unite people. AdvertisementRay Dalio warned the probability of a US civil war is as high as 40% — and said he might back Taylor Swift if she ran for president. This story is available exclusively to Business Insider subscribers.

Persons: Ray Dalio, Taylor Swift, — Organizations: Service, Financial Times, Bridgewater Associates, Business

☆ Japan’s economy contracts in first quarter
▼ + stars: | 2024-05-15 | by ( ) edition.cnn.com time to read: +2 min

Tokyo Reuters —Japan’s economy contracted in the first quarter, squeezed by weaker consumption and external demand and throwing a fresh challenge to policymakers as the central bank looks to lift interest rates away from near-zero levels. The reading translates into a quarterly contraction of 0.5%, versus a 0.4% decline expected by economists. “Japan’s economy hit the bottom in the first quarter,” said Yoshimasa Maruyama, chief market economist at SMBC Nikko Securities. “The economy will certainly rebound this quarter thanks to rising wages although uncertainty remains on service consumption.”Capital spending, a key driver of private demand, fell 0.8% in the first quarter, versus an expected decline of 0.7%, despite hefty corporate earnings. External demand, or exports minus imports, knocked 0.3 of a percentage point off first quarter GDP estimates.

Persons: Downwardly, ”, Yoshimasa Maruyama Organizations: Tokyo Reuters, Nikko Securities, ”, Daihatsu, Bank of Japan Locations: Tokyo, “, Noto, Toyota’s

☆ CEO: I asked ChatGPT to read my journal from my late 20s and flag my top 10 weaknesses: It was 'alarmingly accurate'
▼ + stars: | 2024-05-15 | by ( Ravin Gandhi | ) www.cnbc.com time to read: +5 min

In my late 40s, I sold GMM in a landmark buyout and stepped away last year after turning 50. I decided to upload the sprawling, disorganized document into ChatGPT and ask it to find blind spots in my youthful worldview. The experiment allowed me to reflect on the hunger and ambition I had and the challenges I faced in my 20s. Today I'm confident in my judgment, but I am mindful to not be judgmental. Close relationships with family and friends, says Ravin Gandhi, are "by far the most important thing we all have."

Persons: journaling, Ravin Gandhi, Gandhi, I've, ChatGPT, YPO, nodded, I'm, Taj Organizations: Northwestern Locations: —, Egypt, India, Africa

☆ ‘We give birth only to lose them’: Injured Palestinian mothers grieve for babies killed in Gaza
▼ + stars: | 2024-05-14 | by ( Sarah Sirgany | Jomana Karadsheh | ) edition.cnn.com time to read: +11 min

Hijazi tells her story in a faint voice lying in a hospital bed in Doha, Qatar’s capital. Hijazi was evacuated from Gaza for medical treatment a month after her injury. Doctors Hasan Abuhejleh and Ahmed AlSaadi inspect Gaza patients at the Hamad hospital in Doha, Qatar. Like many patients coming out of Gaza, she has a drug-resistant infection picked up in the territory’s struggling hospitals. Despite the different outcome of their pregnancies, Alqutati and Hijazi describe a similar despair that shackles them to the horrors of the war in Gaza.

Persons: Raneem Hijazi, Azzouz, ”, Khan Younis, “, Mariam, cesarian, Hijazi, ‘, ’ ” Hijazi, hasn’t, I’ve, Hasan Abuhejleh, Ahmed AlSaadi, Hamad, Sanjiv Talreja, Ola, Darren Bull, Shaimaa Al, Ghoul, Hothaifa, Mohamed, Abdullah, Shahed Alqutati, Ali, ‘ Ali, ’, ‘ Shahed, Sham, Alqutati, I’ll, ” Hijazi Organizations: Doha CNN, CNN, Hamad Hospital, United Nations, Shifa Locations: Qatar, Doha, Gaza, Qatar’s, Egypt, orthopedics, Israel, Rafah, Territories, Sabha, Al, Gaza City

☆ Malaysia won't use interest rates to prop up the ringgit, says central bank deputy chief
▼ + stars: | 2024-05-14 | by ( Sumathi Bala | ) www.cnbc.com time to read: +1 min

Malaysia will not use monetary policy as a tool to shore up its currency, according to the central bank's deputy governor. Bank Negara's Adnan Zaylani Mohamad Zahid said the country's monetary policy decisions will be determined by economic growth and the inflation outlook. The ringgit currently does not reflect Malaysia's economic fundamentals and growth prospects, Bank Negara said in a statement last week. This has been fueled by expectations that the U.S. Federal Reserve could hold interest rates higher-for-longer as inflation remains sticky. Adnan Zaylani said the central bank expects the U.S. interest rate cycle to turn at "some point in time," which will then reflect on the "ringgit performance."

Persons: Bank Negara's Adnan Zaylani Mohamad Zahid, CNBC's, Adnan Zaylani Organizations: Bank, Bank Negara, Korean, U.S ., U.S . Federal Locations: Malaysia

☆ Leaked Memo: The head of Citi's fastest-growing wealth business is leaving. Read Andy Sieg's announcement.
▼ + stars: | 2024-05-14 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +4 min

Read previewCiti's ailing wealth business has one bright spot: a division devoted to serving rich law-firm partners and other wealthy executives. She's one of at least 20 senior wealth executives to depart since Andy Sieg took over Citi's wealth business in September after leaving Merrill Lynch. AdvertisementAndy Sieg took over Citi's wealth division in September after leaving Merrill Lynch. Merrill LynchVahid's unit, Wealth at Work, is the smallest but fastest-growing part of Citi's wealth division. Naz then spearheaded the expansion of this successful model with the creation of Wealth at Work, a cornerstone of our Wealth business.

Persons: —, Mehrnaz, Naz, Vahid, Andy Sieg, Merrill Lynch, Sieg, Naz Vahid, Andy Organizations: Service, Citi, Business, Wealth, Law Firm Group

☆ US Air Force's F-22 Raptors lost to German Eurofighters in mock dogfights, but the verdict on the superior jet isn't as simple
▼ + stars: | 2024-05-14 | by ( Alex Hollings | Sandboxx News | ) www.businessinsider.com time to read: +29 min

German Air Force Eurofighter Typhoon fighter jets fly during a media day. Piroschka van de Wouw/ReutersDespite their generational differences, the F-22 Raptor and Eurofighter Typhoon actually have a number of things in common. A German air force Eurofighter Typhoon taxis toward the runway at Eielson Air Force Base in Alaska before departing for a combat-training mission, June 11, 2012. So what's the verdict between the F-22 Raptor and Eurofighter Typhoon? A composite image showing a German air force Eurofighter Typhoon jet and a US Air Force F-22 Raptor.

Persons: …, Valerie R, David Cenciotti's, Piroschka van de Wouw, it's, Randy Gordon, Sam Eckholm, doesn't, Rich Wells, Thomas Wiegold, John P, Michael Holzworth, It's, Marc Gruene, haven't, Gruene, isn't, Jens Stoltenberg, Bernd Wüstneck, Eurofighters, Chris Jung, That's, Eric Wicklund, Erich Hartmann, He's, Alex Muller, Andreas Pfeiffer, who's, Thomas Bergeson, Wade Tolliver, we're, Dirk Smith, Mike, Bertie Simmonds, Micheal Jordan, Chesty Puller Organizations: Service, EA, German Eurofighter Typhoons, Business, Eurofighter, Spangdahlem Air Base, US Air Force, Tactical Air Force, America's Raptors, BFM, Germany's Eurofighter, Farnborough, Air, Germany's, German Air Force Eurofighter, Reuters, Typhoon, MIT, RAF, Breaking Defense, AIM, Air Force, Staff, Raptors, Eielson Air Force Base, Tech, Germany's Air Force, Combat Aircraft, TVC, Raptor, NATO, Tactical Air, Getty, Typhoons, Seoul International Aerospace, Defense, Eurofighters, 4th, US Navy, KC, Red Flag, Navy SEAL, ISIS, Qaeda, Flag, FS, Eurofighter Typhoon Locations: Germany, Alaska, Red, Estonia, Vietnam, Flag Alaska, gun's, American

☆ China’s Alibaba stock drops almost 6% after earnings report shows profit tumbled 86%
▼ + stars: | 2024-05-14 | by ( ) edition.cnn.com time to read: +3 min

China’s largest e-commerce group by market share has had a tumultuous year since announcing the biggest shake-up in its 25-year history in March 2023, splitting into six units and refocusing on its core businesses, including domestic e-commerce. Group net income, however was 3.27 billion yuan ($452 million), compared with 23.52 billion yuan a year ago. The group reported revenue of 221.87 billion yuan in the three months ended March 31, compared with a consensus estimate of 219.66 billion yuan, according to LSEG data. The segment delivered with 45% growth, compared with an expected 39% revenue rise, according to LSEG data. It also saw losses nearly double to 4.1 billion yuan ($567 million) from 2.2 billion a year ago as it invested heavily to remain price competitive and shorten delivery times.

Persons: Joe Tsai, ”, “, Jacob Cooke Organizations: Reuters, Consumers, Tmall, Technologies Locations: Hong Kong, New York, China

Smarter grids, like Chattanooga's, are just part of what it will take to modernize the American grid in the coming decades. A troubled transition to renewable energyOffshore wind farms are one of the growing areas of renewable energy. And the Edwards & Sanborn project, the US's largest solar energy and energy storage project in California, came online in January. Renewable energy is not only cleaner than fossil fuels but also often less expensive. Breaking down barriersThe US grid isn't designed for fluctuating renewable energy, so much of it goes to waste because clean-energy projects can't connect to the grid.

Persons: Kevin Schneider, Harris, Joe Rand, Joshua Rhodes, barleyman, Edwards, Rand, Philip Odonkor, Seib, headwinds, Julia Bovey, Ørsted, Bovey, Paul Denholm, We'll, Denholm, There's, PATRICK T, FALLON, we're, Schneider, We've, EPB, MISO, it's Organizations: Infrastructure, Service, Pacific Northwest National Laboratory, Nationwide, Biden, Lawrence Berkeley National Laboratory, University of Texas, Renewables, Sanborn, of Systems, Enterprises, Stevens Institute of Technology, Trump, Fork, Eversource Energy, National Renewable Energy Laboratory, Getty, Infrastructure Law Locations: Chattanooga , Tennessee, Chattanooga, EPB, Austin, Maine, North Carolina, California, United States

☆ How to integrate OT and IT for maximum business value
▼ + stars: | 2024-05-13 | by ( Sponsor Post | ) www.businessinsider.com time to read: +7 min

By Ganesh Bukka, Vice President & Global Head, Industry 4.0, Hitachi Digital ServicesData is supposed to unlock operational efficiency and productivity. OT and IT integration can enable business agility, optimize operations, help businesses hone their competitive edge, and inform decision-making so they can quickly seize emerging business opportunities. Data integration supports intelligent decision-making, which in turn supports business continuityThe real-world perspective is essential because this is not a theoretical discussion. Realize OT and IT integration with an industry-experienced partnerAchieving that level of performance requires the intelligent integration of OT and IT. Learn more about how Hitachi Digital Services partners with companies to integrate OT and IT and empower informed decision-making.

Persons: Ganesh Bukka Organizations: Global, Industry, Hitachi Digital Services, Hitachi, Insider Studios

☆ There’s no way to be a perfect parent
▼ + stars: | 2024-05-13 | by ( Dr. Katie Hurley | ) edition.cnn.com time to read: +7 min

I was stuck in the revolving door of work and parenting, and nothing about my personal life was Instagram-worthy. Somewhere between 2006 and now, parenting became a crash course in achievement, with social media grading us at every turn. Children and parents alike have unknowingly entered a relentless pressure cooker under the constant spotlight of social media. These can result in a cycle of increased mental health issues for both the parent and the child. There are two social media tricks that can be life-changing for adults: Mute accounts (you’re the only one who will know!)

Persons: TikTok, ”, Jessica Lahey, Donald Winnicott, Winnicott, “, —, ” Lahey, Katie Hurley, Strong, Fiona McPhee Organizations: CNN, Facebook, Foods, Ohio State University College of Nursing, Netflix

☆ What moms really need this Mother’s Day: Less body-shaming, more support
▼ + stars: | 2024-05-12 | by ( Analysis Oona Hanson | ) edition.cnn.com time to read: +8 min

CNN —Flowers and brunch are lovely for Mother’s Day, but there’s an invaluable gift almost every mom would enjoy: a healthier body image. But almost all postpartum moms, celebrity or not, face an unspoken mandate to “bounce back” to their pre-baby body. If moms feel preoccupied with their appearance, exercise or what they eat (even “healthy eating”), it could be a sign of significant maternal mental health problems. “The body isn’t what it was before. Awareness of these external diet culture directives can help moms start to push back against unrealistic and harmful ideals.

Persons: Oona Hanson, CNN —, I’ll, Gisele Bündchen, shouldn’t, you’ve, ”, Jen McLellan, Jill Schwartz, ” Schwartz, Debra Benfield, perimenopause, ” Benfield, It’s, Benfield, ” McLellan, “, Agne Jurkenaite, McLellan Organizations: CNN, Vogue, National Alliance for Locations: Albuquerque , New Mexico, Los Angeles, Winston, Salem , North Carolina, midlife

☆ This Old, Old House: Would You Buy a 1702 Fixer-Upper?
▼ + stars: | 2024-05-12 | by ( Steven Kurutz | ) www.nytimes.com time to read: 1 min

Lee McColgan’s career in finance was probably doomed as soon as he started visiting historic house museums. The first one he toured was the Fairbanks House, in Dedham, Mass., the oldest surviving timber-frame home in America, built in 1637. It was 2014, and Mr. McColgan was living in Omaha, where he worked as a sales representative for a large investment company. Despite a rural childhood in Vermont and an interest in visual arts and building, he had spent much of his adulthood working in a cubicle: five years of “jacking in” at a call center outside Boston, followed by several more as a Midwestern “external wholesaler” pitching mutual funds to financial advisers.

Persons: Lee McColgan’s, McColgan, “ Organizations: Fairbanks Locations: Dedham, Mass, America, Omaha, Vermont, ”, Boston

Orleck and Tamari are among at least 50 professors arrested at campus protests across the country, according to a CNN review of police records, court filings, and news reports. (Since April 18, more than 2,400 students have been arrested amid protests on more than 50 campuses.) Officials from several universities where professors were arrested in connection with recent protests declined to comment on individual cases. All the professors, Blair said, were “expecting to get arrested.” Though Blair himself was not arrested, at least four other UCLA professors were that day. “I want to say some of my colleagues, particularly at Emory and Washington University, were treated much more brutally.

Persons: Orleck, whiplash, Steve Tamari, Louis, Tamari, “, Caroline Fohlin’s, Fohlin, Gregory Pflugfelder, Isaac Kamola, Alex Kent, ”, Kamola, “ There’s, Gregory Fenves, Fenves, Emory, Carol Folt, Andrew Guzman, Minouche Shafik, Joseph Howley, Graeme Blair, Blair, ‘, ” Orleck, she’d “, they’re, Sian Leah Beilock, WMUR, ” Tamari, Mo, Christine Tannous, Andrew Martin, hasn’t, ‘ Don’t, “ Don’t, ” Michael Allen, ” Allen, Allen, I’m, St . Louis, Michael Allen “, Chancellor Martin, Bikrum Gill, Gill, ” Gill, it’s Organizations: CNN, Dartmouth College, Washington University, Palestinian, Emory University, Columbia University, New York Times, American Association of University, ’ Center, Defense, Faculty of Columbia University, Getty, Emory, University of Southern, USC, Columbia, UCLA, Justice, Green, Hanover Police Department, Police, Louis Post, AP Protesters, Boeing Company, Israel Defense Forces, University, Desirée, Virginia Tech Locations: New Hampshire, St, Palestinian American, Atlanta, New York, Columbia’s, Palestine, Gaza, Los, Los Angeles, Dartmouth, Emory, Palestinian, American, Louis , Missouri, Missouri, Illinois, Louis, Washington, Israel, St .

☆ Read the email Target sent employees about changes to its Pride collection after 'challenging' last year
▼ + stars: | 2024-05-10 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +5 min

"As we all know, last year was challenging, and we've made some changes this year," the note said. On Friday, Target confirmed it will reduce the number of stores that carry its assortment of LGBTQ+ merchandise for Pride month in June. The company said it will offer a collection online and certain stores "based on historical sales performance." AdvertisementRead the email from Target to the LGBTQ+ employee group:Pride+ community,As you know, team members across Target have been working on our Pride 2024 plans for months. As we all know, last year was challenging, and we've made some changes this year based on guest insights and sales trends.

Persons: we've, —, Brand Marketing Carlos Saavedra, Saavedra, you'd, Ann, Jeff, Carlos Organizations: Service, Business, Bloomberg, Target, Brand Marketing, Pride Locations: Minneapolis , New York City

☆ Don’t ignore what your feet are trying to tell you about your health
▼ + stars: | 2024-05-10 | by ( Dan Baumgardt | University Of Bristol | ) edition.cnn.com time to read: +7 min

They’re also plumbed by blood vessels, which lead all the way from the heart. By the time blood vessels reach these extremities, like twigs from a tree, they have branched and got much smaller in size. This rare condition is sometimes called “trash foot,” because of the way in which the feet become so discolored. In adults, however, finding the Babinski sign is an altogether different story. In some otherwise healthy people though, the Babinski sign can be observed during deep sleep.

Persons: They’re, it’s, you’ve, “, —, Joseph Babinski, Dan Baumgardt Organizations: CNN, of Physiology, University of Bristol Locations: United Kingdom

CNN —Russia’s President Vladimir Putin said his forces were “always ready” to combat external threats, as he addressed crowds gathered at Moscow’s Red Square on Thursday to celebrate the Soviet Union’s victory over Nazi Germany in World War II. Around 27 million people in the Soviet Union died in World War II, more than in any other country. Russian Defence Minister Sergei Shoigu salutes soldiers as he is driven along Red Square. Russian Foreign Ministry spokeswoman Maria Zakharova told TASS in an interview that “unfriendly countries” were not invited for a third Victory Day since the war in Ukraine began. His Victory Day address comes just days after the Russian leader was inaugurated for a fifth term in office, in a carefully choreographed ceremony.

Persons: CNN —, Vladimir Putin, “, Putin, ” Putin, ”, Sergei Shoigu, Alexander Nemenov, Sefa, Shoigu, Alexander Lukashenko of, Emomali, Serdar, Miguel Diaz, Thongloun, Maria Zakharova, ” Zakharova, Mikhail Klimentyev, Reuters Putin Organizations: CNN, Nazi, Russian, Getty, Canel, Russian Foreign Ministry, TASS, Sputnik, Reuters, Kyiv, Kremlin Locations: Soviet, Nazi Germany, Russia, Ukraine, “ Russia, AFP, Red Square, Anadolu, Alexander Lukashenko of Belarus, Kazakhstan, Tajikistan, Turkmenistan, Cuba, Laos, Guinea, Bissau, Russian, United States

☆ A '9-to-5 millionaire' shares 2 ways to increase your day job income — and the 'offense-defense' strategy that propelled him to financial independence
▼ + stars: | 2024-05-09 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +6 min

Shao Chun Chen built wealth by sticking to simple principles: live below your means and invest early and regularly. Shao shared the strategies he used to increase his income while working his day job, plus the formula he used to achieve financial independence. Shao Chun Chen worked at Google Singapore for eight years. Shao Chun Chen"I forced myself. To play good offense, start by evaluating your day job.

Persons: Shao Chun Chen, He's, Merrill Lynch, Shao, you've, You've Organizations: Business, NTU Singapore, Google, BI, Google Singapore, National University of Singapore Locations: Singapore

☆ Neuralink's first in-human brain implant has experienced a problem, company says
▼ + stars: | 2024-05-08 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +2 min

Neuralink has built a brain-computer interface, or a BCI, that could eventually help patients with paralysis control external technology using only their minds. But in the weeks following the procedure, a number of threads retracted from Arbaugh's brain, Neuralink said in a blog post Wednesday. Neuralink shared its blog post after the Journal asked the company about the issue, according to the report. Arbaugh said the Link is like a "luxury overload," and it has helped him to "reconnect with the world," according to the blog post. Neuralink is not the only company that is building a BCI system, and the technology has been explored in academic settings for decades.

Persons: Neuralink, Noland Arbaugh, Arbaugh Organizations: Elon, BCI, Wall Street Journal, U.S . Food, Drug Administration Locations: U.S

☆ The FDIC is a 'boys club' where some senior execs pursued romantic relationships with their staff, says new report
▼ + stars: | 2024-05-08 | by ( Meghan Morris | ) www.businessinsider.com time to read: +4 min

The Federal Deposit Insurance Corporation, or FDIC, has a "patriarchal" culture, according to an independent report. The bank regulator took no action on dozens of harassment complaints and moved wrongdoers around. The report said the FDIC has dismissed myriad harassment complaints and that wrongdoers are moved around internally or promoted. AdvertisementThe independent investigators spent nine pages discussing FDIC chairman Martin Gruenberg's conduct. The FDIC did not immediately respond to a request for comment from Business Insider sent outside standard hours.

Persons: —, Cleary Gottlieb Steen, Hamilton, Martin Gruenberg's, Gruenberg, Travis Hill, Karine Jean, Pierre didn't Organizations: Federal Deposit Insurance Corporation, Service, Wall Street Journal, FDIC, Democrat, Republican, White, Business Insider Locations: wrongdoers, Gruenberg

☆ These are the top business-development execs competing to hire elite portfolio managers at hedge fund giants Citadel, Millennium, Point72, and more
▼ + stars: | 2024-05-08 | by ( Alex Morrell | ) www.businessinsider.com time to read: +34 min

Unlike business development in corporate America, which focuses on growing a company's prospects with partners and clients, hedge fund BD teams specialize in scouting, evaluating, and wooing investment talent. AdvertisementFew have been involved in hedge fund BD longer than Jennifer Blake, Balyasny's global head. The fund's BD department remains in close contact with PMs after they join as a resource and advisor. Vernon Yuen/Getty Images$61 billion AUM2,200+ employeesAdvertisementKen Griffin's Citadel has outperformed not just its immediate rivals but every other hedge fund. He runs a team of about 20 as head of business development in the Americas, the largest region of the largest player in this space.

Persons: —, Griffin's, Izzy Englander's, Goldman Sachs, Headcount, execs, Dmitry Balyasny, Brendan McDermid, Jennifer Blake, Balyasny's, Morgan Stanley, Dmitri Balyasny's, Blake, it's, Federico Chavarria, Balyasny, Dave Matz, Smith Hanley, Alistair Jacobs, Dave Black, Peter Appel, Federico Chavarria MD, Andrew McHugh, Jules Biolsi, Michael Platt, he's, BlueCrest, Michael Grad, Grad, Jake Lindsay, Mungo Strachan, BlueCrest's, Brevan Howard Brevan Howard, Alan Howard, Ringo Chiu, Brevan Howard, Alan Howard's, Aran Landy, Brevan, Abu, It's, Landy, Howard, Peter Hornick, David Abbou, Jonathan Candy, Gregoire Vidal, Vidal, Tim Williams, Andy Silver, Gautam, Ken Griffin, Vernon Yuen, Ken Griffin's, Griffin, Matt Giannini, Giannini, headhunter, Matt, I've, — Thomas DeAngelis, Lindsay Previdi, Rice, Dore, Eleanor Sharkey, Melinda Urban, Mark Hansen, Julian Ulmer, Mathur, Adam Sharkie, Michael Page, Eisler, Edward Eisler, Sam Wisnia, Chris Milner, Milner, Hilary Curran, Hilary Curran Global, Rebecca Zisser, Michael Gelband, Hornick, Jeff Gelband, Mike Tiano, Eric Han, Garrett Berg, Liu, APAC Blackstone, Euan Shand, Kevin Carroll, Emily, Needham, Ostendorf, Ben Levine, Stefan Renold, LMR, Marcus Fairhurst, He'd, LMR's, Izzy, Ronda, Singh, Mark Meskin, Justin Gmelich, Steve Keller, Benjamin Williams, Madhvani, Paritosh Singh, Ben Williams, Kristina Tully, Steven Cohen, Point72, Shayanne, Steve Cohen's, Harry Schwefel, Chandler, Steve Cohen, JT Shields, They're, Schwefel, Alyssa Friedman —, Chandler Bocklage, Reid Murphy, Jae Yang, Japan Goldman Sachs, Alyssa Friedman, Jackie Dai, Gabriel Sanders, Ajay, Steven Schonfeld, Michael Nagle, Steve Schonfeld's, Ryan Tolkin, Schonfeld, doesn't, Akshay Aggarwal, Alex Burns, Ryan McCort, Colin Lancaster, Mitesh, Sameer Buch, Brittany Lynch, DMFI, Goldman, Verition, Nicholas Maounis, Josh Goldstein, Brian Townes, Townes, Elizabeth Xiang MD, Vir, Steve Satenstein, Chris Svoboda, Will England, Thomas DeAngelis, DeAngelis, Jonathan Brenner, hasn't, Maureen Reed, John Sullivan, Brenner, Walleye's Organizations: Service, Management, Wall, Business, Balyasny, Balyasny Asset Management, Quadra Advisors, SAC, Macquarie, BD, UBS, Grad, Financial Times, Michael, Lascaux, Howard BD, Brevan, Argentum Advisors, BH Digital, McKinsey & Company, JPMorgan, Ken Griffin's Citadel, Citadel, Citadel's, decamping, Chicago, Citadel BD, Walleye Capital, of Surveyor, Millennium, Capital, Credit, Ashler, Rice, Deutsche Bank, LMR Partners, London, Dore Partnership, Soros, Soros Fund, Ronda Churchill, Bloomberg, Getty, Guggenheim, Industry, MLP, Americas Guggenheim, Americas Citadel, SAC Capital, SEC, Point72 Academy, Citigroup, BD Energi, Japan, EMEA, APAC BNP, Schonfeld, PAAMCO, KKR, DMC Partners, Topwater, LinkedIn, New, New Holland Capital, BD —, Walleye, Lehman Brothers, Hutchin, Putnam Investments, ~$ Locations: America, Asia, Balyasny, Blackstone, New Holland, Abu Dhabi, BlueCrest, Europe, Graticule, ExodusPoint, Hornick, Freestone, New York, Schonfeld, Brevan, he's, Aberdeen, Hong Kong, Zurich, Glasgow, Dubai, Americas, Point72, quant, Verition, London, Greenland, Minnesota, Citadel

☆ How AI is changing OnlyFans and adult content creation, from chatting to 'AI twins,' and where the future is headed
▼ + stars: | 2024-05-07 | by ( Marta Biino | ) www.businessinsider.com time to read: +12 min

Many AI adult influencers have turned to OnlyFans competitor Fanvue to monetize their content. MySentient has been investing in creating "sentient" AI chatbots based on people that range from adult creators like Amouranth to Jesus. Elaina St James has used different AI tools to generate images of herself in different contexts and outfits. To create these characters, they use a variety of AI tools, including Unstable Diffusion, an AI image generator that focuses on NSFW content. Others see the power of AI but also the issues it could create for the adult industry as a whole.

Persons: Riley Reid, Ana Levy, Isla Moon, Jada Sparks, Fanvue, it's, OnlyFans, Fortune, Riley Reid's Clona, immortalize, Riley, MySentient, Amouranth, Jesus, Reese Leysen, Leysen, We've, Robert Weiss, that's, she'd, James, Elaina, James Level, —, Eva AI, MyClub.ai, Eva, MyClub, Jessica Moore, Elaina St James, St James, Zoe Fox, Aika Kittie, Margot Robbie, Influencer Sophie Annaston, she's, Sophie Annaston, who's, It's, Charles Lyle Organizations: Business, MyClub, AVN, Media Locations: Philippines, India, Pakistan, Canada, Spanish, Fanvue, Lipa

☆ 2 bankers leave firm after investigation into their conduct with a cleaning contractor
▼ + stars: | 2024-05-06 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +1 min

Two Stifel employees have left following an investigation into their conduct. Stifel told The Times of London it had "investigated and have taken appropriate action." AdvertisementTwo employees of Stifel have left the investment bank following an investigation into their conduct with a cleaning contractor. The Times of London first reported the story involving workers at the US bank's offices in the City of London, near St Paul's Cathedral. Stifel opened an investigation following allegations about improper relationships between employees and a "member of the external cleaning contractor," a Stifel representative told Bloomberg.

Persons: Stifel, — Organizations: St, Times, Service, Stifel, City of, Bloomberg, Business Locations: London, Louis, City, City of London, St Paul's Cathedral, Stifel

☆ Are iPhone sales growing or shrinking in China? That depends on which data points you look at, says an analyst.
▼ + stars: | 2024-05-06 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +3 min

Tim Cook said iPhone sales grew in China, despite external research showing a decline. China accounted for 18% of Apple's sales, making it a critical market for the tech giant. However, over the last quarter, independent analysts have reported a slump in overall iPhone sales in China. iPhone sales in China are a closely watched metric because greater China accounted for 18% of Apple's sales across products in the first quarter, according to the earnings results. Related storiesCook's limited remarks on China's iPhone sales raised questions on Friday's call from analysts who compared Apple's data with independent reports.

Persons: Tim Cook, —, Cook, Max, Wells, Aaron Rakers, Will Wong, Wong Organizations: Apple, Service, Counterpoint Research, International Data Corporation, IDC, Bloomberg Locations: China, Hong Kong, Taiwan

☆ Nobel Prize-winning economist Joseph Stiglitz says the US economy is on solid footing — but warns any one of these 4 major risks could spoil the expansion
▼ + stars: | 2024-05-04 | by ( William Edwards | ) www.businessinsider.com time to read: +4 min

The US economic expansion should continue in the months ahead, assuming there are no major external shocks, according to Nobel Prize-winning economist Joseph Stiglitz. Consumer spending, which makes up about two-thirds of the US economy, is still positive, and job gains have been robust. AdvertisementDespite his generally upbeat outlook, however, Stiglitz is concerned about a number of risks. 4 economic risks to watchThe first is that economic slowdowns happening elsewhere could seep into the US. Congress could shut down again, we might not get some of the necessary bills that we need to continue government," Stiglitz said.

Persons: Joseph Stiglitz, we've, Stiglitz, Brent, Mike Johnson, Trump, Putin Organizations: Service, Columbia University, Conference, Business, Republican Locations: Europe, China, Israel, Palestine, Lebanon, Iran, Ukraine, Russia, Taiwan, Eastern Europe

Search resuls for: "External"

25 mentions found