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☆ Why North Korea’s Princess Will Never Wear Kim Jong-un’s Crown - The New York Times
  + stars: | 2023-05-30 | by ( Chun Su-Jin | ) www.nytimes.com   time to read: +1 min
SEOUL — For more than six months, Kim Jong-un, the leader of North Korea, has seemingly been giving the world an unprecedented glimpse into his private life. The first set of photos revealed a ponytailed girl in red shoes strolling hand in hand with Mr. Kim around a Hwasong-17 intercontinental ballistic missile. Later, she’s gazing into his eyes at a celebration for weapons scientists and tenderly patting his shoulder at a military parade. State media has released the daddy-daughter images on over a dozen occasions since November, assuredly choreographed from curls to gloves. Now that the country’s routine missile tests aren’t generating the headlines he craves, Mr. Kim appears to be leveraging his daughter’s global star power.
☆ These ETFs could see big moves higher if U.S. lawmakers overcome this latest obstacle and reach a debt ceiling deal
  + stars: | 2023-05-19 | by ( Brian Evans | ) www.cnbc.com   time to read: +2 min
The Direxion Daily Financial Bull 3x Shares (FAS) includes a wide range of banking stocks, including Berkshire Hathaway Class B Shares , Bank of America and J PMorgan Chase . FAS YTD mountain Direxion Daily Financial Bull 3x Shares. In chips, the Direxion Daily Semiconductor Bull 3x Shares (SOXL) includes behemoths like Nvidia , Broadcom and Qualcomm . SOXL YTD mountain The Direxion Daily Semiconductor Bull 3x Shares ETF. Some of the standouts in the ProShares UltraPro S & P 500 ETF (UPRO) are Walmart , Wells Fargo and Yum!
☆ ‘Ted Lasso,’ Season 3, Episode 8 Recap: Ends and Beginnings
  + stars: | 2023-05-03 | by ( Christopher Orr | ) www.nytimes.com   time to read: +2 min
But the tug that Henry exerts on his father’s heart, while scarcely new, is ever more evident — in particular during the goodbyes that close the episode, when Ted can scarcely let go of Henry’s backpack. NateWhen we first run across Nate this episode, he is in bed in the morning. Upon waking, she quickly determines that, charmingly, Nate had already gotten up, showered, shaved, brushed his teeth and gotten back into bed. We’ve gone straight from romantic tension to romantic fulfillment without witnessing the romantic journey at all, at least so far. Which is perhaps part of the reason Nate’s most moving relationship is still his complicated one with Ted.
☆ Social media apps are all starting to look the same. Here are the 4 biggest consequences of that and why creators will only get more rich.
  + stars: | 2023-04-03 | by ( Alex Kantrowitz | Big Technology | ) www.businessinsider.com   time to read: +5 min
He writes that every social media app is unleashing the same pool of content, and one app will win. Social media feeds are melting together. This week, let's look at four key ways the growing homogenization of social media will likely play out:1. And though the U.S. has more to debate on its advisability, he's spot on regarding how the state of social media will factor. But when the format appears on TikTok, Instagram, YouTube, and Facebook, that type of standardization is appealing.
☆ The latest US bank crisis is opening doors for China to assert global ascendancy, Yale economist says
  + stars: | 2023-03-27 | by ( Jennifer Sor | ) www.businessinsider.com   time to read: +3 min
Volatility in the US banking system is an opportunity for China, Yale's Stephen Roach said. "A rising China is taking dead aim at crisis-prone America," Roach said. "A rising China could hardly ask for more." "That's precisely the point of the increasingly worrisome interplay between another US-made financial shock and a sharply escalating Sino-American cold war. A rising China is taking dead aim at crisis-prone America," Roach warned.
☆ Another smartphone supports satellite connectivity, as mobile space race heats up
  + stars: | 2023-02-24 | by ( Ryan Browne | ) www.cnbc.com   time to read: +5 min
British smartphone firm Bullitt on Friday launched a new phone capable of sending text messages via space, joining a crowded race to commercialize satellite-enabled devices. They will have to have Bullitt Messenger — the firm's proprietary satellite messaging app — installed in order to reply. Satellite phones have been in the works for decades, but have not yet entered mainstream usage. Bullitt is also launching a Bluetooth accessory, the Motorola Defy Satellite Link, that lets any Android or iOS device connect to its Bullitt Satellite Messenger app, effectively enabling any phone to become a satellite phone. "The company is a trailblazer for satellite messaging but competition is snapping at its heels," Wood told CNBC.
☆ How Bed Bath & Beyond ended up on the verge of bankruptcy
  + stars: | 2023-02-08 | by ( Nathaniel Meyersohn | ) edition.cnn.com   time to read: +8 min
Here’s how Bed Bath & Beyond, once a retailer pioneer, veered to the edge of bankruptcy and where it turns next. Brands coveted a spot on Bed Bath & Beyond’s shelves, knowing it would lead to big sales. Discount chains such as HomeGoods and TJ Maxx and have also undercut Bed Bath & Beyond’s prices. Without the differentiators of the lowest prices or widest selection, Bed Bath & Beyond’s sales stagnated from 2012 to 2019. Otherwise, too much of Bed Bath & Beyond’s revenue will go toward repaying debt that it won’t be able to turn a profit.
☆ Kevin McCarthy elected speaker of the House, ending days of Republican chaos and division in Washington
  + stars: | 2023-01-07 | by ( Brent D. Griffiths | ) www.businessinsider.com   time to read: +5 min
Kevin McCarthy finally realized his goal and was elected speaker of the House. McCarthy was elected after days of failure amid the most chaotic speaker election in over a century. McCarthy clinched the speaker's gavel after 15 ballots and in the wee hours of the fifth day of voting. House GOP leaders then scrambled to delay future votes until Monday before abruptly reversing and forcing an immediate 15th vote. He'll also have to grapple with a Democratic-controlled Senate and White House, which will certainly block many conservative priorities.
☆ Generative AI startups were already hot with VCs. ChatGPT poured gasoline onto the fire.
  + stars: | 2023-01-06 | by ( Emilia David | ) www.businessinsider.com   time to read: +5 min
Generative AI firms, the category that ChatGPT falls under, saw big valuations in the past year. But even before the rise of ChatGPT, the space was buzzing as generative AI companies began raising large amounts of cash from venture capital. Startups using generative AI rose eyeball-popping amounts in the past year, especially during an overall bad year for VC investments. A hot market gets even hotterInvesting in generative AI and machine learning is nothing new for VCs. Defensibility is a key concern for generative AI startups that rely on OpenAI.
☆ Trump told a blatant lie in his latest fundraising text — and his scare tactics could make vulnerable seniors the biggest losers
  + stars: | 2022-10-04 | by ( Dave Levinthal | ) www.businessinsider.com   time to read: +7 min
A text message sent to prospective donors on October 4, 2020, by Donald Trump's political fundraising operation. There's also no "membership bill" for donors to view, because Trump's committee doesn't send donors bills. Trump's political operation has also recently blasted MAGA Republicans with other bogus fundraising missives. Misleading political fundraising messages are hardly a new phenomenon. Fat from contributions raised through emails and text messages, Save America reported having nearly $92.8 million cash on hand as of August 31, according to Federal Election Commission records.
☆ Recounts, debt, and litigation: Here's why Donald Trump keeps asking for your money even while votes are still being counted
  + stars: | 2020-11-04 | by ( Dave Levinthal | ) www.businessinsider.com   time to read: +7 min
President Trump's campaign sent supporters several solicitations Tuesday imploring them to send more money — even though polls had closed. Donate NOW & receive a 1000%-MATCH," President Donald Trump's campaign wrote supporters around 4 p.m.Trump on Tuesday almost certainly didn't scan names of strangers. During October, the Trump campaign burned through much of its once-sizable cash reserve. The Trump campaign faces significant scrutiny over its financial practices, and former Department of Justice and Federal Election Commission officials tell Insider that federal investigators may already be discreetly investigating the Trump campaign. If so, the Trump campaign will need money to fight.
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