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☆ Sports gambling is taking a cue from Wall Street, and it could be a problem for sportsbooks
▼ + stars: | 2024-05-10 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're looking at how a sports bettor trying to hedge a $1.7 million payout shows the gambling world is taking a page out of Wall Street's book . The big storySports gambling goes Wall StreetiStock; Rebecca Zisser/BIHow would you like to turn $100 into $1.7 million in a little over a year? Thanks to a secondary market for gambling tickets, Shelton could sell his ticket to another bettor. And not unlike Wall Street's feelings about retail traders, Shelton is the type of gambler sportsbooks love. Unlike mom-and-pop gamblers who often bet on a whim, so-called sharps' systematic approach to gambling can pose a problem for sportsbooks.

Persons: —, Rebecca Zisser, Wayne Shelton, Shelton, Matthew Fox, Anthony Edwards, Joshua Gateley, sportsbooks, Shelton's longshot, Goldman Sachs, Sam Bankman, Fried, Puck, SBF, Justin Sullivan, Getty Sundar Pichai, Pichai, Jack Dorsey, he'd, Mike Solana, Dorsey, Bluesky, Demis, Microsoft's Mustafa Suleyman, they'd, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Business, Service, Sports, MLB, NFL, NBA, Oklahoma City Thunder, Thunder, Dallas Mavericks, Western Conference, ESPN, Boston Celtics, Minnesota Timberwolves, Getty, Detention, MDC, Bloomberg, Bay Area, YouTube, Spotify, Apple, Warner Brothers, Justice League, Big, Honda Locations: China, Russia, Brooklyn's, Young, New York City, New York, Bay, London

☆ There's too much pressure for what Mother's Day should be. I let my family celebrate me however they want.
▼ + stars: | 2024-05-09 | by ( Rebecca Hastings | ) www.businessinsider.com time to read: +3 min

Mother's Day used to stress me because I'd always end up disappointed. AdvertisementWhen I looked at this month's calendar, one day stood out: Mother's Day. Related storiesSo, instead of trying to manage Mother's Day, I chose to let my family celebrate me however they wanted to. Instead of planning the day or silently seething when things don't go my way, I let my family decide what to do. Letting go of pressure and disappointment to enjoy my family is more important than the idea of what Mother's Day should be.

Persons: I'd, —, Mother's Organizations: Service

☆ Are R.F.K. Jr. Signature Gatherers Misleading New Yorkers for Ballot Access?
▼ + stars: | 2024-05-09 | by ( Rebecca Davis O Brien | ) www.nytimes.com time to read: +1 min

The top of the petition was folded underneath itself, so that the names of the candidates were not visible, Ms. Bernstein said. The campaign needs 45,000 but is aiming for more than 100,000. Candidates often collect far more signatures than they need in case some end up being invalidated for various reasons. “At a minimum, it’s misleading,” Ms. Bernstein said of the interaction. “I was just pretty much taken aback.”

Persons: Amy Bernstein, Bernstein, “, Robert F, Kennedy Jr, Ms, ” Locations: Brooklyn, New York, New York State

☆ Lubrizol CEO discusses product innovations and regulations
▼ + stars: | 2024-05-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLubrizol CEO discusses product innovations and regulationsLubrizol CEO Rebecca Liebert speaks with Becky Quick at the Berkshire Hathaway Annual Meeting about her background as a chemical engineer and discusses new product innovations at Lubrizol.

Persons: Rebecca Liebert, Becky Quick Organizations: Berkshire Hathaway

Learn moreAside from cushioned sneakers with adequate arch support, a well-fitting sports bra is arguably the most important item you can invest in when it comes to workout wear. Speaking from experience, the best sports bras for a large bust typically have a sturdy band, wider adjustable straps, and separated cups. With that in mind, the SheFit Ultimate Sports Bra comes out on top because it can accommodate any type of workout. Still, finding the right bra often depends on what type of physical activity you'll be engaging in. For more articles about finding the right fit with a larger chest, see our piece on the best swimsuits for large busts and the best bralettes for large busts.

Organizations: Business

☆ 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

☆ AstraZeneca Is Withdrawing Its Covid Vaccine Worldwide, Citing Low Demand
▼ + stars: | 2024-05-08 | by ( Rebecca Robbins | More About Rebecca Robbins | ) www.nytimes.com time to read: +1 min

AstraZeneca has started to pull its Covid-19 vaccine from global markets because of low demand, the pharmaceutical giant said. The move was not related to any concerns about the shot’s side effects, the company said. Since the vaccine was approved in Britain in December 2020, over three billion doses have been supplied globally. The company said that it had decided to voluntarily withdraw all licenses to market its Covid vaccine. In March, AstraZeneca requested that the vaccine be withdrawn from most European countries.

Organizations: AstraZeneca, Oxford University, European Commission Locations: Britain

☆ Inside one of the world’s most expensive hotel suites
▼ + stars: | 2024-05-07 | by ( Rebecca Cairns | ) edition.cnn.com time to read: 1 min

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☆ Atlantis The Royal, Dubai: Inside the Middle East’s ‘best’ hotel
▼ + stars: | 2024-05-07 | by ( Rebecca Cairns | ) edition.cnn.com time to read: +9 min

Atlantis, The Royal Atlantis, The Royal: The double-height bar is perfect for sunset cocktails — although you won't be making your own drinks, as there's a 24-hour bartender ready to make your favorites. Atlantis, The Royal Atlantis, The Royal: The triple-height library provides a secluded space to work, read or relax. Atlantis, The Royal Atlantis, The Royal: The entertainment room is kitted out with a 98-inch LED screen for a home cinema experience. Atlantis, The Royal Atlantis, The Royal: Every room has stunning views — including the marble-clad bathrooms. Atlantis, The Royal Atlantis, The Royal: Guests can enjoy designer amenities made by French fashion house Hermès, as well as bespoke gold toothbrushes, combs and brushes.

Persons: Swedish House Mafia —, there’s, ”, Tom Roelens, There’s, Cabana, Rebecca Cairns, Kendall Jenner, “ We’ve, we’ve, Graff, bathrobes, Jay Z, Louis, Valentino —, “, it’s, Estiatorio Milos, Costas Spiliadis, — Organizations: CNN, Swedish House Mafia, Royal, Atlantis Resorts, Dolce, Gabbana, cabanas, Atlantis, “ Royal, Nobu, —, Chefs, Sky Locations: Dubai, Beyoncé, isn’t, Arabian, Atlantis Royal Dubai

☆ Inside the Middle East’s ‘best’ hotel
▼ + stars: | 2024-05-07 | by ( Rebecca Cairns | ) edition.cnn.com time to read: 1 min

☆ Biden set to meet with executives from Citi, United Airlines, Marriott and others
▼ + stars: | 2024-05-07 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +2 min

US President Joe Biden speaks about his Investing in America agenda at the Wilmington Convention Center in Wilmington, North Carolina, on May 2, 2024. President Joe Biden is set to meet Tuesday afternoon with a slate of executives from a variety of industries, some of which have been the targets of his regulatory agenda. The guest list includes United Airlines CEO Scott Kirby, Citi CEO Jane Fraser, Evercore founder and senior chairman Roger Altman, Marriott International CEO Anthony Capuano, Flex CEO Revathi Advaithi, Bechtel Group CEO Brendan Bechtel, former Xerox CEO Ursula Burns and Corning CEO Wendell Weeks, according to a White House official. Biden is planning to discuss his "strategy of investing in America and rebuilding international alliances," the official said in a statement. And as part of a broader siege against what Biden calls "junk fees," the White House has issued rules prohibiting certain fees from airlines and credit card companies.

Persons: Joe Biden, Scott Kirby, Jane Fraser, Roger Altman, Anthony Capuano, Revathi Advaithi, Brendan Bechtel, Ursula Burns, Corning, Wendell Weeks, Biden Organizations: Wilmington Convention, United Airlines, Citi, Marriott International, Flex, Bechtel, Xerox, White, Federal Trade Commission, Department Locations: Wilmington, Wilmington , North Carolina, America

☆ SEC Chair Gensler dodges Trump Media campaign finance questions
▼ + stars: | 2024-05-07 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +1 min

Securities and Exchange Commission Chair Gary Gensler on Tuesday refused to comment on speculation of whether Trump Media is a funding organ for Donald Trump's presidential campaign. "What's important is that their disclosures are accurate and that folks aren't in the market front-running or trading on insider information." As the majority shareholder, Trump stands to gain the largest financial boost from DJT upswings. On Friday, Trump's stake added 36 million more shares to his existing 78.8 million, due to a clause in the company's contract that unlocks bonus shares as the stock hits certain checkpoints. Given that bump, Trump's stake had a paper value of over $5 billion at Tuesday's market open.

Persons: Gary Gensler, Donald Trump's, I'm, Gensler, Trump, upswings, Trump's Organizations: Securities, Exchange, Trump Media, Nasdaq, Trump

☆ I tried the app TikTokers could embrace if a ban becomes reality — I'm not convinced it will attract Gen Zers
▼ + stars: | 2024-05-07 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +6 min

The app's founder, Edison Chen, described it as "a space for the older generations to feel more comfortable" in an interview with D Magazine last year and somewhere "the parents of TikTok users can express themselves." AdvertisementThe spokesperson said that since the House voted on a TikTok ban, Clapper has seen 30,000 new users. While the app heavily leans on Gen X and Y, the spokesperson said Clapper is adjusting its strategy "to appeal to younger audiences." It would remind me a bit of early Vine, but a lot of content I'm being served seems to be reposted old clips scraped from YouTube and other platforms. On Clapper, I'm watching without really thinking.

Persons: —, Joe Biden, Edison Chen, Chen, I'm, Zers, TikTok, Shannon Lee, Allie, Rebecca Starkey, It's, vaxxers Organizations: Service, Business, D, Pew Research Center, YouTube, Facebook

Early-stage investing is a delicate dance. It demands an understanding of markets, a knack for recognizing potential, and sheer tenacity to weather the cyclical storms of the startup world. Now in its fourth year, our Seed 40 list illuminates the women who have mastered this craft. They are on the front lines, locking arms with visionary founders to transform ideas into full-fledged businesses, often putting money and support behind those builders before others see the opportunity. This story is available exclusively to Business Insider subscribers.

Organizations: Business

☆ Why investing solo lets Refactor Capital's Zal Bilimoria be a 'lifeline' for founders
▼ + stars: | 2024-05-06 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +4 min

Now 42, Bilimoria is the sole partner of Refactor Capital, the early-stage venture-capital firm he launched in 2016. Through Refactor Capital, Bilimoria has backed unicorn companies including the green-chemical manufacturer Solugen and the space startup Astranis. AdvertisementTwo years later, Lee stepped down as a general partner — making Bilimoria the firm's sole investor. Life as a solo partnerAs a solo partner, "all the successes and all the challenges are on my shoulders," Bilimoria said. Refactor Capital invests in about eight companies every year and is deploying capital out of its third fund.

Persons: —, Bilimoria, Andreessen Horowitz —, weren't, Andreessen Horowitz, David Lee, Lee Organizations: Service, University of Pennsylvania, Business, Microsoft, Netflix, Google, Twitter, Fund, SV Angel Locations: Northwest Indiana

☆ Hamas says it accepts cease-fire proposal from Egyptian, Qatari mediators, as U.S. and Israel review details of plan
▼ + stars: | 2024-05-06 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +2 min

Hamas said it told Egyptian and Qatari negotiators that it has approved a cease-fire proposal to halt the war in Gaza. Israel is examining the proposal that Hamas approved and has not confirmed whether it would accept or reject it, an Israeli official told NBC News. Hostage release negotiations intensified over the weekend, with facilitation from U.S. CIA Director William Burns, alongside mediators from Egypt and Qatar. U.S. officials have repeatedly warned Israel against an offensive in Rafah, where millions of civilians have taken refuge. President Joe Biden reiterated that stance on a half-hour Monday call with Israeli Prime Minister Benjamin Netanyahu, which took place before Hamas had announced its approval of a cease-fire proposal.

Persons: Ismail Haniyeh, Ashraf Amra, Daniel Hagari, Matthew Miller, William Burns, Burns, Joe Biden, Benjamin Netanyahu Organizations: Hamas, Anadolu, Egyptian, Qatari, NBC, Israel Defense Forces, Department, NBC News, CIA, Israeli Locations: Palestinian, Sakura, Istanbul, Turkiye, Gaza, Israel, Egypt, Qatar, Arab, Gaza's, Rafah

☆ Chris Pine is 'stunned' the 'Wonder Woman' franchise is over
▼ + stars: | 2024-05-06 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +3 min

Read previewIt's been four years since the last "Wonder Woman" movie debuted in theaters, and Chris Pine still can't believe the successful franchise has ended. In the movies, Pine played American spy Steve Trevor, the love interest of Gal Gadot's Diana Prince/Wonder Woman character. In 2017's "Wonder Woman," directed by Patty Jenkins, Trevor teams up with Prince to fight with the Allies in World War I, and eventually, the two fall in love. Chris Pine and Gal Gadot in "Wonder Woman." The rest is history, as the first "Wonder Woman" movie became a sensation.

Persons: —, Chris Pine, Pine, Steve Trevor, Gal Gadot's Diana Prince, Patty Jenkins, Trevor, Prince, Jenkins, James Gunn, Peter Safran, I'm, Patty, Steve, gonzo, Gal Gadot, Rebecca Blackwell Organizations: Service, Allies, Business, Warner Bros, DC, DC Comics, Galaxy, DC Studios Locations: American, Casablanca

As Robert F. Kennedy Jr. tries to get on the presidential ballot in all 50 states, he’s confronting fierce resistance from his opponents. Rebecca Davis O’Brien, who covers campaign finance and money in U.S. elections for The New York Times, discusses the high-stakes battle playing out behind the scenes.

Persons: Robert F, Kennedy Jr, Rebecca Davis O’Brien Organizations: The New York Times

Behind most startup founders is an early-stage investor who saw their potential, nurtured their ambition, and backed their ideas. The end of a record bull run in tech rebooted the startup landscape, and now early-stage investors are embracing the change. Founders have gone back to basics, staying lean and mean from the start and harnessing tailwinds of the artificial intelligence boom. This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now.

Organizations: Business

☆ The new power figures in hedge funds do not manage money
▼ + stars: | 2024-05-05 | by ( Matt Turner | ) www.businessinsider.com time to read: +4 min

NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . On the agenda:But first: Why Wall Street is so happy to see the job market slowing down. New data from Vanguard shows a two-tier job market: one divided between a blue-collar boom and a white-collar recession. Also read:AdvertisementiStock; Rebecca Zisser/BIThe portfolio-manager whisperersThe new power figures in hedge funds do not manage money.

Persons: —, it's, Brian Rose, It's, Christie Hemm, Jan Sramek, Goldman Sachs, Reid Hoffman, Marc Andreessen, Alyssa Powell, Stefano Spicca, Jenny Chang, Rodriguez, Rebecca Zisser, whisperers, Gates Organizations: Business, Service, Federal Reserve, Fed, UBS Global Wealth Management, Big, Silicon, California, Vanguard, Microsoft, Big Tech Locations: Austrian, Solano County, Napa, Sacramento, California, Silicon Valley, New York City

☆ Trump VP hopeful Kristi Noem suggests Biden's dog Commander should also be put down
▼ + stars: | 2024-05-05 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +2 min

South Dakota Governor Kristi Noem speaks at the NRA-ILA Leadership Forum during the National Rifle Association (NRA) annual convention in Houston, Texas, U.S. May 27, 2022. Republican South Dakota Gov. Kristi Noem implied that President Joe Biden's dog, Commander, should meet the same ill fate as her own 14-month-old dog Cricket, who she shot due to its aggressive behavior, as she revealed in her upcoming memoir. "Joe Biden's dog has attacked 24 Secret Service people. In the days since Noem's memoir anecdotes went public, the South Dakota governor has been doing damage control to save her VP bid.

Persons: Kristi Noem, Joe Biden's, Noem, Biden, vies, Donald Trump's, Newt Gingrich, Donald Trump Organizations: NRA, ILA, National Rifle Association, Republican South Dakota Gov, Cricket, CBS, Secret Service, South Locations: Houston , Texas, U.S, White, South Dakota

☆ R.F.K. Jr. Claims Censorship After Facebook and Instagram Briefly Block New Ad
▼ + stars: | 2024-05-05 | by ( Rebecca Davis O Brien | ) www.nytimes.com time to read: +1 min

Robert F. Kennedy Jr. has made censorship — specifically, claims that the government, news media and tech platforms have tried to stifle his message — a cornerstone of his independent presidential campaign. This weekend, Mr. Kennedy got more fodder for his argument when Facebook and Instagram blocked a link to a new, sleekly produced 30-minute ad supporting his candidacy. The link appeared to have been blocked from Friday late afternoon until Saturday around midday. Andy Stone, a spokesman for Meta, said the link had been incorrectly flagged as spam. “It was mistakenly blocked, and it was corrected within a few hours” after the issue was discovered, Mr. Stone said.

Persons: Robert F, Kennedy Jr, Kennedy, sleekly, Andy Stone, Stone, Tony Lyons Organizations: Facebook, Meta

☆ Russian soldiers were convicted of over 100 murders when they returned home last year, a report says
▼ + stars: | 2024-05-05 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewRussian military personnel were convicted of 116 murders in 2023, Mediazona, a local news website, reported. Advertisement"The high number of homicides by serving and veteran Russian soldiers are likely in part due to enduring war-related chronic poor mental health issues," it wrote. "It is a story about invisible violence," said Kirill Titaev, a Russian sociologist and criminology expert at Yale, told the Times. Last year, Russian President Vladimir Putin called the risk of pardoned convicts re-offending upon their release "inevitable," per the Times.

Persons: —, Olga Romanova, Storm Z, Wagner, ROMAN ROMOKHOV, Kirov, Viktor Savvinov, Kirill Titaev, Vladimir Putin, Putin Organizations: Service, UK Ministry of Defence, Judicial Department, Business, The New York Times, Wagner Group, Storm, Getty, New York Times, Yale, Times Locations: Mediazona, Ukraine, Russia, Russian, Rostov, AFP

☆ The UK could need an Israeli-style Iron Dome air defense system, says former US national security advisor
▼ + stars: | 2024-05-05 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +5 min

Read previewFormer US National Security Advisor General HR McMaster has said the UK must prepare for possible future conflicts by building an Israeli-style Iron Dome air defense system. Indeed, the UK is considering developing its own Iron Dome air defense system amid growing tensions with Russia and its allies. The Israeli modelMissiles launched from the Iron Dome defense system attempt to intercept a rocket fired from Gaza strip. Related storiesIsrael's short-range Iron Dome is a mobile all-weather air defense system that has been in service since 2011. Aside from internal discussions on an Iron Dome, the UK is in talks to join Europe's aerial defense system.

Persons: —, McMaster, Adm, Sir Tony Radakin, Michael Clarke, Clarke, MAHMUD HAMS, Rishi Sunak, Israel, Aleksey Zhuravlyov, Putin, Vladimir Solovyov, I've, T6GN35UGtG — Anton Gerashchenko Organizations: Service, US National Security, McMaster, LBC, Business, Britain's Armed Forces, Iron, Getty, UK, Newsweek, Design, Sky, UK Ministry of Defense, NATO Locations: United Kingdom, United States, Israel, Russia, Europe, China, Iran, North Korea, Gaza, AFP, London, Ukraine, British, Russian, Baltic

☆ There's a messy battle over AI going on in DC — and there's no end in sight
▼ + stars: | 2024-05-05 | by ( Madison Hall | ) www.businessinsider.com time to read: +10 min

Why does the US not have federal AI regulation? Biden signed the executive order on "Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence" near the end of 2023. Another challenge comes from AI experts and researchers choosing private sector jobs instead of ones in the government, a kind of "brain drain," Zhang said. "Less than 40% go to government looking to create all those AI regulations and governance structures." AdvertisementThe vast majority of AI experts end up working in the private sector rather than for universities or federal governments.

Persons: —, hasn't, Joe Biden, Trump, Kevin McCarthy, Biden, I'm, Jason Green, Lowe, It's, Sen, Martin Heinrich, Sam Altman, Bill O'Leary, Rebecca Finlay, Finlay, we're, she's, Daniel Zhang, Zhang, Drew Angerer, That's, there's Organizations: Service, White, Business, Bills, Republican, Artificial Intelligence, Federal Government, Science & Technology, Congress, Microsoft, Google, Defense, Center, Senate, Washington, Getty, Stanford Institute for, AI, Stanford's, for, Biden Locations: Silicon Valley, Korean, Washington , DC, Congress, North America

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