DIRS.INFO The most relevant business & tech news

☆ Elon Musk sues OpenAI and CEO Sam Altman over contract breach
▼ + stars: | 2024-03-01 | by ( Sam Meredith | Www.Linkedin.Com In Samuelmeredith | ) www.cnbc.com time to read: +1 min

Sam Altman, CEO of OpenAI, attends the 54th annual meeting of the World Economic Forum, in Davos, Switzerland, on Jan. 18, 2024. Elon Musk is suing Microsoft -backed OpenAI and its CEO Sam Altman, among others, alleging they abandoned the company's founding mission to develop artificial intelligence "for the benefit of humanity broadly." "To this day, OpenAI, Inc.'s website continues to profess that its charter is to ensure that AGI benefits all of humanity.' In reality, however, OpenAI, Inc. has been transformed into a closed-source de facto subsidiary of the largest technology company in the world: Microsoft," the lawsuit filing said. Musk's lawyers said in the lawsuit that OpenAI's focus on maximizing profits for Microsoft breaks that agreement.

Persons: Sam Altman, Elon Musk, Altman, OpenAI, Greg Brockman, Musk Organizations: Economic, Microsoft, San Locations: Davos, Switzerland, San Francisco

☆ Anant Ambani pre-wedding bash: Celebrities, tycoons jet to Indian billionaire heir’s celebrations in Jamnagar
▼ + stars: | 2024-03-01 | by ( Story Reuters | ) edition.cnn.com time to read: +3 min

New Delhi Reuters —Charter jets for tycoons and celebrities, a performance by Rihanna and directions to don “jungle fever” outfits when visiting an animal rescue center — that’s how billionaire Mukesh Ambani is kickstarting big fat Indian wedding celebrations for his son. The occasion of the moment that has India transfixed is a three-day pre-wedding jamboree for his youngest son Anant Ambani, 28, who is set to marry his long-time girlfriend Radhika Merchant, 29. Anant is a director at Reliance’s new energy business and one of Ambani’s three children who are the heirs to his empire. Ambani also made headlines with his daughter Isha’s wedding in 2018 which was described by some as a mini-Davos summit. Guests to Anant Ambani’s celebrations are set to savor 500 dishes created by around 100 chefs.

Persons: Rihanna, Mukesh Ambani, Ambani, Anant Ambani, Radhika Merchant, Anant, David Blaine, Bill Gates, Meta’s Mark Zuckerberg, Gautam Adani, Kumar Mangalam Birla, Shah Rukh Khan, Salman Khan, Bob Iger, Hillary Clinton, John Kerry, Anant Ambani’s Organizations: Delhi Reuters —, Reliance, Forbes, Disney, Reliance’s, Encore, Former U.S, Reuters Locations: Delhi, India, Jamnagar, Reliance’s, Gujarat, Davos, Former, New Delhi, Mumbai

☆ Elon Musk sues OpenAI and CEO Sam Altman for breach of contract
▼ + stars: | 2024-03-01 | by ( David Goldman | ) edition.cnn.com time to read: +2 min

Musk, who co-founded OpenAI in 2015, has since left and has formed his own AI company, xAI. Musk is asking for a jury trial and for the company, Altman and co-founder Greg Brockman to pay back the profit they received from the business. But Altman, Brockman and Chief Scientist Ilya Sutskever in 2019 formed OpenAI LP, a for-profit entity that exists within the larger company’s structure. Musk’s complaint said that company and its partnership with Microsoft violated OpenAI’s charter, representing a breach of contract. “Where some like Mr. Musk see an existential threat in AGI, others see AGI as a source of profit and power,” the complaint stated.

Persons: CNN — Elon Musk, OpenAI, Sam Altman, ChatGPT, Musk, Altman, Greg Brockman, Brockman, Ilya Sutskever, “ Organizations: CNN, Microsoft, “ Locations: AGI

☆ Dubai wants to build the biggest airport in the world. Here’s how that’s going
▼ + stars: | 2024-02-29 | by ( Miquel Ros | ) edition.cnn.com time to read: +9 min

To put that in perspective, that’s nearly 63 million more travelers than the world’s current busiest airport, Hartsfield–Jackson Atlanta International, handled in 2022 and nearly 100 million more than Dubai International. philipus/Alamy Stock PhotoThe recent Dubai Air Show, held at a purpose-built venue at Al Maktoum International Airport in 2023, offered some intriguing hints about what’s ahead for DWC – and some insights into Dubai Airports’ long-term strategy. “We have prioritized expansion and investments at DXB to meet our customers’ requirements and plans,” Paul Griffiths, Dubai Airports CEO, tells CNN. Changing the business modelNew artist renderings haven't been released in a decade, but Dubai Airports CEO Paul Griffiths says the team will soon be working on ambitious new designs. It will have capacity for 185 million passengers per year, or almost seven times the number it handled in 2022.

Persons: Al Maktoum, it‘ll, that’s, Hartsfield –, let’s, DWC, ’ Al Maktoum, DWC –, ” Paul Griffiths, ”, Griffiths, ” Griffiths, “, haven't, Paul Griffiths, “ We’re, Mohammed bin Rashid, Nadine Itani, Abu Dhabi’s, Foster Organizations: CNN, Al, Al Maktoum International Airport, Dubai World, Dubai Airports, Dubai International, Al Maktoum International, Hartsfield, Hartsfield – Jackson Atlanta International, Emirates Cargo, UAE, ‘, ’ Al Maktoum International, Dubai Air, Dubai, AFP, Traveller, Emirates, University of Surrey, Hamad International Airport, Kuwait International, Partners, Sharjah International Airport, Air, Riyadh Air Locations: Budapest, Al Maktoum, Dubai, Dubai’s, Eastern Europe, Russia, Central Asia, Emirates, England, India, Middle, Europe, Qatar, Muscat , Oman, Bahrain, Gulf, Kuwait, British, Sharjah, Saudi Arabia, Riyadh, Saudi

☆ I'm a job-hopper who's worked 4 jobs in 6 years. I can take risks in my 20s — but I plan to stop in my 30s.
▼ + stars: | 2024-02-29 | by ( Ella Hopkins | ) www.businessinsider.com time to read: +6 min

Having been a job-hopper in her 20s, she says she expects to stay in jobs longer in her 30s. I quit my 2nd job because I couldn't see a future thereI started searching for jobs in the nonprofit sector. I was asked why I had moved jobs so often in an interviewI think job-hopping is good for your 20s. AdvertisementJob-hopping doesn't work foreverI'm only job-hopping because I'm able to take more risks at this stage in my life. I'm planning on staying longer in future roles and plan to be more cautious when accepting new roles in the future.

Persons: Bremda Acosta, —, I've, I'd, I'm Organizations: Service, Syracuse University Locations: I'm, New York City, Dominican Republic, Spanish, Brooklyn, Montana, Iowa, New York

☆ Broadcom is still likely to spinoff its Carbon Black unit: Analyst
▼ + stars: | 2024-02-28 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBroadcom is still likely to spinoff its Carbon Black unit: AnalystEdward Snyder of Charter Equity Research discusses the potential spinoff of Broadcom's Carbon Black unit following the sale of VMWare to KRR.

Persons: Edward Snyder Organizations: Broadcom, Charter Equity Research, VMWare

☆ Step inside the $37 million French-made private jet that's a favorite among the wealthy elite, like John Travolta and F1 star Michael Schumacher
▼ + stars: | 2024-02-27 | by ( Marielle Descalsota | ) www.businessinsider.com time to read: +1 min

A new Falcon 2000LXS costs around $36.5 million, while a pre-owned jet costs $24 million. The cockpit of a Dassault Falcon 2000LXS. Flying on the Falcon 2000LXS for 300 hours a year amounts to around $5 million in operating costs, per Guardian Jet. On average, the jet burns some 280 gallons of fuel per hour, which amounts to $1,400 in hourly fuel costs. Both these jets cost around $24.5 million new, per Guardian Jet.

Persons: Falcon, Pratt & Whitney Organizations: Dassault Falcon, Dassault Aviation, Guardian Jet, Guardian, Pratt &, Gulfstream, Bombardier

☆ An abrupt exit at a Goldman Sachs-backed crypto bank spotlights the industry's tug-of-war with regulators
▼ + stars: | 2024-02-26 | by ( Rebecca Ungarino | ) www.businessinsider.com time to read: +13 min

Read previewWhen the chief executive of cryptocurrency startup Anchorage Digital posted a message in the company's "announcements" Slack channel in late November about an executive's departure, employees started buzzing. Just over a year after it received the charter, the OCC issued a consent order against Anchorage in April 2022. Regulators are aggressively scrutinizing crypto players and prioritizing monitoring crypto compliance. Regulators' viewThe OCC is now led by Michael Hsu, the former Federal Reserve regulator and self-described crypto skeptic who has viewed crypto companies' regulatory compliance in some areas as inadequate. A crypto bank would face risks in safeguarding digital assets in its custody, maintaining appropriate hedges in crypto-lending, and adhering to capital requirements specific to crypto assets, said Kim, who studies crypto and blockchain technology.

Persons: —, Georgia Quinn, Nathan McCauley's, McCauley, Goldman Sachs, Andreessen Horowitz, Quinn, Brian Brooks, CoinDesk, Oliver Wyman, FTI, Brooks, Michael Hsu, Hsu, Evelyn Hockstein, Mark duBose, Seoyoung Kim, University's, Kim, Diogo Mónica, Axel Springer, Mark McCombe, Max Levchin, BNY, Seyfarth Shaw, Ellenoff Grossman, it's Organizations: Service, Anchorage, Business, Citadel Securities, Apollo Global Management, Visa, OCC, Regulators, Securities, Exchange, IBM, KPMG, Anchorage Digital Bank National Association, Federal Reserve, Reuters, Business Insider, Santander Bank, University's Leavey School of Business, KKR, BlackRock, BNY Mellon Locations: Anchorage, United States, Santa, San Francisco, Portugal

☆ Altice USA shares spike 50% on report Charter is considering acquisition
▼ + stars: | 2024-02-26 | by ( Jacob Pramuk | ) www.cnbc.com time to read: +1 min

Altice USA shares spiked as much as about 50% on Monday following a report that Charter Communications is considering buying the broadband company. Charter is working with financial advisors as it considers whether it would make sense to buy Altice USA, Bloomberg reported Monday, citing people with knowledge of the matter. Charter declined to comment on the report, while Altice USA could not immediately be reached for comment. Altice USA shares had plunged more than 40% this year before their jump Monday, while Charter's stock has fallen about 25%. Altice USA owns brands led by broadband, TV and phone company Optimum.

Persons: — CNBC's Alex Sherman Organizations: Altice USA, Communications, Bloomberg, Altice Locations: USA, Altice USA

☆ Live updates: Russia-Ukraine war rages on second anniversary of invasion
▼ + stars: | 2024-02-24 | by ( Chris Lau | Andrew Raine | ) edition.cnn.com time to read: +2 min

Bernd von Jutrczenka/picture alliance/Getty ImagesAs Russia's war in Ukraine nears its second anniversary, world leaders continue to urge for support and aid in Ukraine. “We have learned, unfortunately, over the two years, this is not only a war against Ukraine, it's a war against the European peace order. United Kingdom Prime Minister Rishi Sunak said the free world must renew its determination to stand behind Ukraine. “When Putin launched his illegal invasion two years ago, the free world was united in its response. And on this grim anniversary, we must renew our determination," Sunak said, according to a statement released late Friday.

Persons: Annalena Baerbock, Bernd von Jutrczenka, Vladimir, Putin, ” Baerbock, Baerbock, Rishi Sunak, “, Sunak, Laurent Bili, ”, Justin Trudeau, Canada’s Organizations: United Nations Security, Ukraine, United Nations, United, Prime, European Union, NATO, Canadian Locations: Ukraine, New York, Here's, Europe, United States, it's, Kyiv, Trudeau, Canada, Russia

☆ Google cofounder Sergey Brin faces wrongful-death lawsuit from pilot's widow over fatal plane crash
▼ + stars: | 2024-02-23 | by ( Camilo Fonseca | Joshua Zitser | ) www.businessinsider.com time to read: +5 min

Google cofounder Sergey Brin is facing a wrongful-death lawsuit stemming from a plane crash last year that killed two crew members en route to a private island in the South Pacific. The lawsuit also alleges that Brin intentionally delayed the recovery process. The suit identifies Brin, Google, and Bayshore Global Management — Brin's family office — as the "owner/operators" of the aircraft. While the lawsuit does mention various recovery efforts conducted by Brin's team, it alleges frequent and drawn-out delays. Olarte Maclean alleges that Brin's representatives cited weather conditions at the crash site and their interactions with the USCG as excuses.

Persons: Sergey Brin, Brin, Lance Maclean, Dean Rushfeldt, Olarte Maclean, Steven C, Marks, Larry Page Organizations: South Pacific, Business, Coast Guard, Los Angeles Times, Google, Bayshore Global Management, Bayshore, LA Times, Oceanic, Atmospheric Administration, NOAA, Brin's, Seafly LLC, Southern Cross Aviation, BI Locations: South, California, Hawaii, Santa Rosa , California, Fiji, Honolulu, Fiji's Mamanuca

☆ My daughter attends an IB charter school. Her student-driven classes are more about mastery than memorization.
▼ + stars: | 2024-02-20 | by ( Jamie Davis Smith | ) www.businessinsider.com time to read: +5 min

That’s when she enrolled in an IB program, and everything changed for her. When my daughter started middle school, she enrolled in a public charter school with an International Baccalaureate (IB) program. AdvertisementThe IB program focuses on mastery of skills — not memorizationOne of the things that drew me and my daughter to the IB program is its emphasis on mastering skills instead of rote memorization. Learning in the IB program is more student-drivenOne of the first classes my daughter took at her IB school was called Student-Led Learning. Whatever my daughter winds up doing in life, I am confident that her IB education will be an asset.

Persons: — Organizations: Business, IB Locations: Washington ,

☆ Israel’s Occupation of Palestinian Territories Draws Focus of U.N. Court
▼ + stars: | 2024-02-19 | by ( Marlise Simons | ) www.nytimes.com time to read: +1 min

The International Court of Justice began hearing arguments on Monday on the legality of Israel’s occupation of Palestinian territories. It is the first time the world’s highest court has been asked to give an advisory opinion on the issue, which has been the subject of years of debates and resolutions at the United Nations. The hearings are expected to focus on decades of Israeli actions in the Palestinian territories, including the West Bank and East Jerusalem. What is the International Court of Justice? All countries belonging to the United Nations are automatically members of the court and are expected to accept its jurisdiction.

Organizations: Court of, United Nations, West Bank, International Court of Justice Locations: Palestinian, East Jerusalem, Gaza, Israel, The Hague

☆ They built a waterfront home in the Bahamas. Then it was destroyed by a hurricane
▼ + stars: | 2024-02-18 | by ( Tamara Hardingham-Gill | ) edition.cnn.com time to read: +14 min

Handshake agreementThe Slezyckis love watching the sunrise from their waterfront home in the Bahamas. ”But we do it once a year.”Storm damageSadly their home was destroyed when Hurricane Dorian hit in 2019. Nobody was [left] unscathed.”Unfortunately, the Slezyckis weren’t able to return to Great Guana Cay for a while as the nearest airports had also been damaged by the storm. “No crowds, no traffic, no road rage, little to no crime.”Although the hurricane devastated Great Guana Cay, the island has since recovered, and “in some ways is better than ever,” says Norvell. We’re really spread out over here.”In 2020, she launched a TikTok account, SouthPauseIslandGirl, on the suggestion of her niece, and eventually began posting about Great Guana Cay.

Persons: CNN — They’d, Mark Slezycki, “, ” Norvell, they’d, ‘, ”, Mark, Norvell, ’ ”, you’re, Mark “, Hurricane Dorian, Norvell Slezycki, Dorian, “ We’ve, they’ve, Kim Kardashian, Tom Brady, “ It’s, It’s, We’re, she’s, it’s, “ There’s, “ You’ve, you’ve Organizations: CNN, CNN Travel, ”, Fort, Fort Lauderdale Executive, Ocean, Ocean Club, US State Department Locations: Bahamas, Norvell, New York City, Nassau, Florida, Guana, Abaco, Lighthouse Point , Florida, Pompano Beach, Fort Lauderdale, Treasure Cay, “, ”, Marsh Harbour, Great, New Providence, Freeport

☆ Pay TV distributors may be planning their attack against new sports joint venture
▼ + stars: | 2024-02-15 | by ( Alex Sherman | ) www.cnbc.com time to read: +2 min

It's been about a week since Disney , Warner Bros. Discovery and Fox announced a new joint venture to offer live sports outside the traditional cable bundle, and pay TV distributors are still trying to figure out just how disruptive the new service will be. If Disney, Warner Bros. Discovery and Fox allow distributors to offer the same product, in addition to the standard cable bundle, there's likely to be minimal consternation about the joint venture. Privately, however, leaders at Disney, Warner Bros.

Persons: It's Organizations: Disney, Warner Bros . Discovery, Fox, Comcast, Charter, DirecTV, ABC, ESPN, ESPN2, TNT, TBS

☆ Philippines Committed to South China Sea Code of Conduct
▼ + stars: | 2024-02-15 | by ( Feb. | At A.M. | ) www.usnews.com time to read: +2 min

By Karen LemaMANILA (Reuters) - The Philippines is firmly committed to negotiations for a code of conduct between China and Southeast Asian countries to avert confrontations in the South China Sea, its foreign minister said on Thursday. Foreign Secretary Enrique Manalo also said tensions in the South China Sea were not all about a rivalry between superpowers the United States and China, and the Philippines, and others, had legitimate rights and interests to uphold. The idea of a code of conduct was hatched more than two decades ago but parties only committed to begin the process in 2017. China has chided the Philippines for encroaching on what it says is its territory. Manalo said a high-level "2+2" meeting of the defence and foreign ministers of the Philippines and United States was planned and dates not yet been finalised.

Persons: Karen Lema MANILA, Enrique Manalo, Manalo, Karen Lema, Neil Jerome Morales, Martin Petty Organizations: Beijing Locations: Philippines, China, Southeast, South China, United States, Taiwan, Beijing, Manila

☆ Suddenly, there's real competition for broadband internet
▼ + stars: | 2024-02-14 | by ( Peter Kafka | ) www.businessinsider.com time to read: +5 min

AdvertisementThere are some people who really, really like Super Bowl ads. I’ve heard for years about the idea that wireless carriers would eventually take on the big broadband companies by selling “fixed wireless” broadband — broadband you can get via 5G airwaves using a box you put in your window instead of relying on cables buried in the ground. If I were, I would know that competition from fixed wireless has been keeping the broadband guys up at night for some time. The broadband guys are happy to tell you why they think their internet is better than the wireless internet the telco guys are selling. But for the moment, we know the cable guys — that is, the broadband guys — are no longer taking the fixed wireless guys for granted.

Persons: —, hadn’t, I’ve, Starry, Craig Moffett, MoffettNathanson, that’s, they’ve, Moffett Organizations: Service, Mobile, Super Bowl, Biden White House, Verizon, Comcast Locations: Boston

☆ Biden Denounces Trump’s Support for Russian Attack on Allies as ‘Un-American’
▼ + stars: | 2024-02-13 | by ( Peter Baker | ) www.nytimes.com time to read: +1 min

President Biden denounced former President Donald J. Trump on Tuesday for encouraging Russia to attack some NATO allies, calling the comments “dumb,” “shameful,” “dangerous” and “un-American” as he implored House Republicans to defy their putative nominee and pass new security aid for Ukraine and Israel. In a televised statement, Mr. Biden said a $95 billion spending package passed earlier in the day on a bipartisan vote in the Senate was imperative to help defeat the “vicious onslaught” of President Vladimir V. Putin’s Russia against Ukraine. And he linked the legislative debate to Mr. Trump’s campaign speech siding with Moscow over European allies he deemed “delinquent.”“Can you imagine?” Mr. Biden told reporters at the White House. No other president in our history has ever bowed down to a Russian dictator. Not only would he not help them, Mr. Trump said, he would “encourage” Russia “to do whatever the hell they want” against them.

Persons: Biden, Donald J, Trump, Vladimir V, ”, Mr, “, ” Mr, Putin, Russia “ Organizations: NATO, Ukraine, White Locations: Russia, Ukraine, Israel, Moscow, United States, Russian

☆ Congress acted to protect NATO. But it might not be enough to stop Trump
▼ + stars: | 2024-02-13 | by ( Zachary Wolf | Analysis Zachary B. Wolf | ) edition.cnn.com time to read: +8 min

Bettmann Archive/Getty ImagesPulling American generals out of NATO might force other NATO countries to seek their own nuclear deterrents. More members hit 2% benchmarkTrump frequently complains that NATO members other than the US don’t pay dues, which is a misstatement of facts. Multiple NATO countries do not hit that benchmark, although spending has risen since Russia’s invasion of Ukraine. “It’s just like any relationship,” said Bergmann of the likelihood of permanent damage if Trump were to materially alter the NATO alliance. I know exactly what he has done and will do with the NATO alliance,” Rubio said, although he added, “But there has to be an alliance.”

Persons: Donald Trump’s, Joe Biden, Trump, “, Biden, Peter Bergen, Vladimir Putin, CNN’s Jim Sciutto, ” Sciutto, What’s, Kurt Volker, Chip Somodevilla, Volker, ” Volker, “ It’s, ”, Dwight D, Eisenhower, Max Bergmann, Bergmann, It’s, ” Marco Rubio, Sen, Marco Rubio, ” Rubio, he’s Organizations: CNN — Lawmakers, Trump, NATO, Republicans, Ukraine, CNN, Biden, Senate, House Intelligence, Allied, Eurasia Program, Center for Strategic, International Studies, Palais, Bettmann, World Trade Center, Pentagon Locations: Russia, “, Russian, Soviet Union, NATO, United States, Atlantic, Washington ,, Europe, American, Chaillot, Sweden, Finland, Ukraine, Afghanistan, France, Marco Rubio of Florida, “ State

NATO describes the threshold as a “guideline,” and it is not a requirement that would put any nation in delinquency. The NATO charter also provides that if any NATO country is attacked, the other members will come to its aid. You can be sure that they all cheered when they heard Donald Trump and heard what he said," Biden said. For as long as I'm president, if [Russian President Vladimir] Putin attacks a NATO ally, the United States will defend every inch of NATO territory." But House Speaker Mike Johnson, Louisiana Republican, has signaled he will not allow a floor vote on the bill, a measure Trump opposes.

Persons: Joe Biden, Donald Trump, Biden, Trump, Putin, –, Republicans –, Trump's, Sen, Marco Rubio, Vladimir, Mike Johnson, Johnson Organizations: Office, GOP, Trump, White, Republican Party, NATO, Republicans, America, Louisiana Republican Locations: NATO, Ukraine, America, U.S, Russia, Russian, Marco Rubio of Florida, United States, Israel, Louisiana

Oliver’s mom, also named Derry Oliver, questioned the school’s assessment and didn’t give consent for therapy. “It was very emotional for both of us because I understood her frustrations and fears,” the younger Oliver recalled. Differing perspectives on mental health aren’t new for parents and kids, but more conflicts are emerging as young people get more comfortable talking openly about mental health and treatment becomes more readily available. Schools have invested pandemic relief money in hiring more mental health specialists as well as telehealth and online counseling to reach as many students as possible. Without access to therapy, the younger Oliver has sought advice about managing her emotions through friends, school social workers, and the internet.

Persons: — Derry Oliver, Oliver, Derry Oliver, ”, Chelsea Trout, Jessica Chock, Goldman, she’s, didn’t, There’s, Eric Adams, Oliver hasn’t, Trout, don’t Organizations: Brooklyn, Bard Early College High School, New York City, Centers for Disease Control, Associated Press Locations: Georgia, New York, Brooklyn, Manhattan, California, Colorado, North Carolina, —, AP.org

One NTSB investigator arrived at the crash site Friday afternoon, with several more expected to arrive on Saturday. Brianna Walker saw the wing of the plane drag the car in front of hers and slam into the wall. The tower lost contact, and then airport workers saw the smoke from the interstate just a few miles away, King said. According to the FlightAware aircraft tracker, the plane was operated by Hop-a-Jet Worldwide Charter based in Fort Lauderdale, Florida. A spokesperson for Ohio State University said the aircraft is not affiliated with the university, and they had no further information about it.

Persons: Brianna Walker, ”, Walker, ” Walker, Robin King, “ we’re, King, Adam Fisher, didn’t, “ Organizations: —, Federal Aviation Administration, Bombardier Challenger, FAA, National Transportation, NTSB, Ohio State University, We’ve, Naples Daily News, Sheriff’s, Jet Worldwide, Fort, Jet, Naples Daily Locations: NAPLES, Fla, Florida, Naples, Fort Lauderdale, Columbus , Ohio, Collier, Fort Lauderdale , Florida

CNN —The CEO of a major Nigerian bank, along with his wife and son, were among six people killed in a helicopter crash in the Mojave Desert near the California-Nevada border late Friday night, according to a World Trade Organization official. Both of the helicopter’s pilots were also killed, according to authorities. The aircraft, which was operated by California-based charter company Orbic Air, took off around 8:45 p.m. PT and crashed just after 10 p.m. near Interstate 15 in Halloran Springs, California, Graham said. The NTSB is investigating the cause of the crash and was on the scene in Halloran Springs, California, Saturday night collecting evidence, Graham said at a news conference. Authorities have yet to publicly identify the people killed but condolences have began pouring in for the Wigwe family and Ogunbanjo.

Persons: Herbert Wigwe, Abimbola Ogunbanjo, Ngozi Okonjo, Iweala, Michael Graham, Graham, Witnesses, Godwin Obaseki, ”, ” “ Wigwe, ” Obaseki, Wigwe Organizations: CNN, California -, World Trade Organization, Access Bank, Nigeria Stock Exchange, WTO, Airbus, National Transportation Safety, Orbic Air, NTSB, Authorities, Bank, San Bernardino County Sheriff’s Department Locations: Nigerian, California, California - Nevada, Palm Springs , California, Boulder City , Nevada, Las Vegas, Halloran Springs , California, Nigeria’s Edo, Nigeria, San Bernardino County, Graham

☆ The big business of the Super Bowl, from competing advertisers to the ultrawealthy networking
▼ + stars: | 2024-02-09 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

In today's big story, we're looking at the big business of the Super Bowl, from advertisers to the ultraweal thy . Developing and filming a Super Bowl ad typically runs 50% to 60% more than a regular one. AdvertisementFor some first-time Super Bowl advertisers, the commercial is a jumping-off point for a bigger campaign, writes BI’s Lauren Johnson. The Super Bowl is also a calendar staple for the ultrawealthy, writes BI’s Madeline Berg. A record 68 million Americans are projected to bet $23.1 billion on the Super Bowl, according to the American Gaming Association.

Persons: —, Taylor Swift, Travis Kelce, Patrick Smith, Emily Stewart, that’s, Ryan Joe, Lara O’Reilly, Ryan, BI’s Lauren Johnson, RYU, BI’s Madeline Berg, Elon Musk, Rupert Murdoch —, VistaJet, BI’s Taylor Rains, Grace Kay, it’s, BI’s Juliana Kaplan, Cork Gaines, Usher, David Rosenberg, Quants, Getty, David Butow Here’s, Tesla, Sissie Hsiao, Bard, Gemini, Uber, Dara Khosrowshahi, Lucas Jackson, Dan DeFrancesco, Hallam Bullock, Jordan Parker Erb, George Glover Organizations: Business, Service, ign, Super, Elon, Private, American Gaming Association, San Francisco 49ers, Kansas City Chiefs, Renaissance Technologies, Man, AHL, UBS, Google, Reuters, Merchants, Conference, PepsiCo Locations: Sun Valley, YOLO, New York, London

☆ From million-dollar private boxes to carpooling on private jets, here's how billionaires are doing the Super Bowl
▼ + stars: | 2024-02-09 | by ( Madeline Berg | ) www.businessinsider.com time to read: +6 min

The Super Bowl has always been a draw for billionaires and powerful executives. Elon Musk and Rupert Murdoch at the Super Bowl on Sunday. For an extra $10,000 to $250,000, Carrega arranges in-suite meet-and-greets, pre-game huddles, and photo ops with former Super Bowl champions or commentators. Kevin Mazur/Getty ImagesWhen it comes to accommodations, Vegas is proving easier than many other Super Bowl destinations, Brown said. Charter service VistaJet , whose private flights cost between $14,000 and $25,000 an hour, recorded a 25% increase in flight bookings over last year’s Super Bowl.

Persons: —, Taylor Swift, Hunt, Denise York, Elon Musk, Rupert Murdoch, ’ Michael Rubin's, Josh Harris, Robert Kraft, Goldman Sachs, David Solomon, Caitlin O’Hara, ” Elisabeth Brown, Barnabas Carrega, they're, Brown, “ Price, ” Carrega, Carrega, ” Brown, ” She’s, Savage, Kevin Mazur, Wynn, Leona Qi, you’re, ” Qi, “, ” Organizations: Service, Business, Chiefs, 49ers, Forbes, Patriots, Reuters, “, Knightsbridge, Super, Vegas, Davos Locations: Las Vegas, Sin City, Las, Tampa , Florida, Vegas, “

Search resuls for: "Charter"

25 mentions found