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Editor’s Note: CNN Style is one of the official media partners of Paris Fashion Week. Fashion house Coperni took over Disneyland Paris on Tuesday evening and staged their show in front of the iconic Sleeping Beauty castle. Brand history was similarly front and center at Alexander McQueen, where Seán McGirr showed his second collection for the label. River Callaway/WWD/Getty ImagesBirds were a recurring motif in the Stella McCartney collection shown during Paris Fashion Week and chosen by the designer to protest their use in the fashion industry. Jerome Domine/Abaca Press/Sipa USA"I’ve been thinking of the billions of birds that get killed for the fashion industry," said McCartney.
Persons: Coperni, Lyvans Boolaky, Chemena Kamali, Pascal Le Segretain, Valentino, Alessandro Michele, Gucci, Michele, Alexander McQueen, Seán McGirr, , Johanna Geron, Ann Demeulemeester, Stefano Gallici, ” Gallici, Francois Durand, Alphonse Maitrepierre’s, Donald Duck, Miyake, Julien De Rosa, Kristy Sparow, Issey Miyake, Wool, knitwear, Mickey, Sébastien Meyer, Arnaud Vaillant, , Chanel, Van Noten, Sarah Meyssonnier, Stella McCartney, I’ve, McCartney, Jerome Domine, Jerome, Andreas Kronthaler, Vivienne Westwood’s, Paul Watson, Dame Vivienne, Vivienne Westwood, Louis Sullivan, Junya Watanabe, Dior, , Sagg Napoli, Sofia Ginevra Giannì, Jonathan Anderson's, Loewe, Ik, Louis Vuitton, Miu Miu, Miuccia Prada, Goshka Macuga, Saint Laurent, Yves Saint Laurent, Demna Gvasalia, Giovanni Giannoni, Dykes, Williams, Harri Shanahan, Thatcher, Antonin Tron, Gigi Hadid, McGirr, Donald, Justin Shin, Mary Jane, Victor Virgile Organizations: CNN, Paris, Paris CNN, Paris Fashion, Disneyland Paris, Getty, Pompidou, Disney, Balmain, Reuters, Callaway, Fashion, Abaca, Louis, Art, femmes, Lingerie Locations: France, Europe, Chloé, AFP, Paris, Bermuda, Greenland, Stockholm, London, Balenciaga, Siân
This report is from this week's CNBC's "Inside India" newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse and the big businesses behind its meteoric rise. Over the years, the services sector of the Indian economy has grown to account for 45% of total exports, up from 30% a decade ago. The Indian government, meanwhile, has been eager to support the manufacturing sector in creating mass employment, a key economic and political challenge that the services sector alone hasn't been able to address. These companies also boast moats that make them unique compared to the large BPO firms of the last three decades. Perhaps it could also address some of the risks to employment created in the BPO sector from artificial intelligence.
Persons: hasn't, Cyient isn't, Peers, Larsen, Toubro's, Kunal Desai, Desai Organizations: Capital Economics, nab, Microsoft, Siemens, GIB Asset Management, CNBC Locations: India, London, Philippines, Mexico, Brazil, Poland, Malaysia
Automation is a core issue at play in the ongoing dockworker strike at Eastern US ports. AdvertisementStriking dockworkers at US ports say they're worried that jobs could plummet as shipping companies increasingly turn to automation. Picketing workers gathered at ports in New York and Miami carrying signs reading "Machines don't feed families" and "Fight automation, Save jobs." AdvertisementThe union's objection to the way shipping companies are using automation now is a key sticking point in the negotiations for a new labor contract. The move eventually contributed to the ILA earning the unusual distinction of being a labor union being named in an unfair labor practices complaint filed by management.
Persons: , USMX, Harold Daggett, Jesus Olarte, Daggett, it's, Stephen Edwards, Dominick Organizations: Service, International Longshoremen's Association, US Maritime Alliance, Business, Port, Getty, Maersk, APM, New York Times, ILA Locations: Eastern, New York, Miami, East Coast, Anadolu, Mobile , Alabama, Port of Virginia, Norfolk, Baltimore
"All of it is very important, but the things we take for granted around us in the physical world are actually far more important." Spatial AI allows models to understand and interact with the physical world in ways previously limited to human cognition, and Nvidia is not the only one building on it. It's a spatial intelligence company building "large world models" to understand, interact with, and build on the three-dimensional world around us. AI for robotics, not just humanoid robotsIn contemplating the ultimate use of artificial intelligence, Nvidia concluded that robotics is the answer. Physical world will be changed by AI within yearsMany companies that focus on robotics and spatial intelligence are homing in on the world of manufacturing.
Persons: ChatGPT, Lebaredian, Fei, Fei Li, Andreessen Horowitz, Jensen Huang, Agustin Huerta, Globant's Huerta, Huerta Organizations: Nvidia, Stanford, Labs, Apple, North America, Franklin, Marshall College, International Locations: New Orleans, San Francisco, North, Globant, London
“I believe all fuels will be made in this way, and we won’t be using fossil fuels anymore at all. Zero continued its foray into motorsport in April, linking up with 2B Autosport to become the first synthetic fuel partner in rally car racing. Zero PetroleumZero could perhaps seek to emulate P1 Fuels, a synthetic fuel firm that is already an established player in the industry. Porsche announced this year that the Porsche Mobil 1 Supercup – a one-make stock car series – would run exclusively on synthetic fuels produced at the Haru Oni plant. In addition, some experts suggest that electric power, a significantly cheaper alternative to synthetic fuels, would be a much more efficient way of decarbonizing the sport than synthetic fuel.
Persons: BloombergNEF, Haru, , Paddy Lowe, , Lowe, Nigel Mansell, Nico Rosberg, Mika Häkkinen, Lewis Hamilton, Peter J Fox, “ petrolhead, “ I’ve, Damon Hill, Zero, Valtteri Bottas, Zhou Guanyu, Lamborghini Miura, Diehard, Jean Todt, Loredana Sangiuliano Organizations: CNN, Zero Petroleum, diesel, Vehicles, NASCAR, CNN Sport, Hydrogen Insight, McLaren, Mercedes, Constructors, Formula One, Sauber, Autosport, British Royal Air Force, Zero, P1, World, Porsche, Porsche Mobil, Aramco, Former International Automobile Federation, FIA, E Locations: Bicester , England, Southern Chile, Bicester, Saudi
Hong Kong CNN —China has taken a step forward in its ambitious plan to land astronauts on the moon by 2030 – unveiling the specially designed spacesuit its crew will don for what’s expected to be a landmark mission in the country’s space program. An image of China's new lunar spacesuit as it appeared in a video shared by state media. The agency revealed a protoype of its Artemis III spacesuit prototype, the AxEMU, in 2023. Thanks to its thin exosphere, the moon is an unforgiving place, exposed to both the sun’s rays and the cold of space. “Unlike low-Earth orbit missions, astronauts will be in a harsh natural lunar environment during lunar extravehicular activities.
Persons: Zhai Zhigang, Wang Yaping, Elon Musk, , China’s, Artemis, Wu Zhiqiang, Wang Chunhui Organizations: Hong Kong CNN, China Manned Space Agency, SpaceX, Federal Aviation Administration, CNN, FAA, NASA, Xinhua, China National Space Administration, China Astronaut Research, Training Center Locations: Hong Kong, China, America, United States, China’s Dunhuang
Apple needed the iPhone 16 to be a big seller after years of sluggish iPhone sales. In particular, demand for the higher priced iPhone 16 Pro devices were down sharply year-over-year compared with the iPhone 15 launch. Analysts say there appears to have been greater demand for the lower priced iPhone 16 and iPhone 16 Plus devices than the Pro and Pro Max, which could affect the average selling price and overall iPhone sales revenue. In the first weekend of presales, Apple sold 9.8 million iPhone 16 Pros and 17.1 million iPhone 16 Pro Max devices, down 27% and 16% year-over-year, respectively, according to Kuo. “It’s all about a monster holiday quarter and the supercycle begins for iPhone 16 in our view,” Ives told CNN in an email.
Persons: New York CNN — Apple, Long, It’s, it’s, Chi Kuo, Dan Ives, Angelo Zino, Pro Max, Kuo, Zino, ” Zino, ” Kuo, Lex Chiew, CFRA’s Zino, Mike Sievert, , ” Ives Organizations: New, New York CNN, Apple, TF International Securities, Research, Pro, Apple Intelligence, iOS, Mobile, CNBC, CNN Locations: New York, China, , presales
Israel announced on Saturday that its forces have killed Hassan Nasrallah, the powerful leader of the Lebanese militant and political group, Hezbollah, in what would mark a major escalation amid mounting hostilities at its northern border with Lebanon. An Iranian woman hold a poster of Hezbollah Hassan Nasrallah, with text in Arabic reading: "At your service Nasrallah" during an anti-Israeli rally in Tehran, Iran, on Friday. Vahid Salemi / APEarlier on Friday, a Hezbollah spokesman had said Nasrallah, who was seldom seen in public, was not in one of the buildings struck by Israeli forces and was "fine." Hezbollah has vowed to continue its campaign against Israel until it ends its nearly yearlong offensive in Gaza. “Israel no longer seems to fear clashing head-on with Iran,” Hussain said, adding, “Israel will not fear entering a larger operation."
Persons: Israel, Hassan Nasrallah, Nasrallah, “ Hassan Nasrallah, Vahid, Bashar al, Assad, Amal, Sayyed Abbas Musawi, Ed Husain, Israel ”, , ” Hussain, Najib Mikati, Benjamin Netanyahu, Netanyahu, Hussain, Husain, Biden Organizations: Lebanese, Israel Defense Forces, Hezbollah, NBC, Amal, Associated Press, Party, United, Council, Foreign Relations, Friday, NBC News, Hariri International, Lebanese Health Ministry, Reuters, Hamas, U.S . Locations: Lebanon, Iran, Beirut, Iranian, Tehran, Israel, Syria, Gaza, Karantina, Najaf, Iraq, Islam, Beqaa, U.S, United Nations, “ Israel, Dahieh, New York, Washington
Deutsche Bank reinstated Dell Technologies as a buy, calling for nearly 14% upside. 7:04 a.m.: Citi says Walmart remains a top pick, hikes price target Walmart is poised for more growth ahead, according to Citi. The firm upgraded the stock to overweight from neutral and raised its price target by $66 to $395. WYNN mountain 2024-08-30 WYNN month to date — Sean Conlon 5:49 a.m.: Deutsche Bank reinstates Dell Technologies as buy The stars are aligning for Dell Technologies , according to Deutsche Bank. Analyst Matt Niknam resumed coverage of the PC maker with a buy rating and a price target of $144, which implies upside of nearly 14%.
Persons: Morgan Stanley, Paul Lejuez, — Sean Conlon, Piper Sandler, Accenture Piper Sandler, Arvind Ramnani, GenAI, Ramnani, Sean Conlon, Bumble, Justin Patterson, Patterson, Stephen Grambling, WYNN's, they've, Matt Niknam, Niknam, DELL, Fred Imbert Organizations: CNBC, Deutsche Bank, Dell Technologies, Wynn Resorts, Citi, Walmart, Accenture, Markets, Wynn, Las, MGM Resorts, Caesars Entertainment, Deutsche Bank reinstates Dell Technologies, DELL, Dell Locations: Grambling, UAE, WYNN
The structure would be more straightforward for investors and would make it easier for OpenAI employees to realize liquidity, the source added. News of the discussions comes after OpenAI Chief Technology Officer Mira Murati said Wednesday that she is leaving the company after six and a half years. They’re the latest high-level executive to depart OpenAI, which has exploded in popularity and value since releasing the ChatGPT chatbot in late 2022. Murati became a well-known name when OpenAI’s board abruptly ousted Altman last November and Murati was named interim CEO. Days later, Altman was back at the company and Murati moved back to her former role as CTO.
Persons: Mira Murati, Sam Altman, Bob McGrew, Barret Zoph, Murati, , “ There’s, ” Altman, OpenAI, Ilya Sutskever, Jan Leike, John Schulman, Anthropic, it’s, Altman, OpenAI’s, Sutskever, Helen Toner, Tasha McCauley, ” Murati, , ” McGrew, he’s, Mark Chen, Zoph Organizations: Microsoft, Tiger Global, Nvidia, Apple, Street, Tech Locations: OpenAI
Read previewIn a Monday blog post, OpenAI CEO Sam Altman argued that massive investment in AI infrastructure is key to market dominance — and avoiding global conflict. "If we don't build enough infrastructure, AI will be a very limited resource that wars get fought over, and that becomes mostly a tool for rich people." Representatives for OpenAI did not respond to a request for comment from Business Insider. He noted that data centers consume tons of water for their cooling systems — some of which evaporates, so it cannot be reused. "Any human endeavor that involves an optimization challenge can be made more efficient through artificial intelligence," Coglianese said.
Persons: , Sam Altman, Altman, OpenAI, Alex de Vries, de Vries, Goldman Sachs, Shaolei Ren, he's, Ren, Cary Coglianese, Coglianese, we'll, I'm Organizations: Service, Business, Microsoft, BlackRock, White, Meta, Big Tech, University of California, University of Pennsylvania Locations: United States, United Nations, Riverside
"We just gutted our product and rebuilt it using generative AI." 'The rules of physics have changed'Even before its sabbatical, Klarity was well-versed in natural language processing and computer vision. Nadhamuni gave a talk on generative AI, its history, and the latest breakthroughs in the technology. If the new tech could do those five things, they would rebuild the core of Klarity's platform using generative AI. Nadhamuni also wrote a playbook on how to run a generative AI sabbatical that's available on Tola Capital's blog.
Persons: , Nat Friedman, Daniel Gross, Nischal Nadhamuni, Nadhamuni, Klarity, Friedman, Gross, Aaron Fleishman, Fleishman, OpenAI, Miro, Tola Organizations: Service, Business, MIT, Venture Partners, Tola, Picus, Invus, Engineers
OpenAI CTO Mira Murati announces she's leaving the company
  + stars: | 2024-09-25 | by ( Hayden Field | ) www.cnbc.com   time to read: +3 min
Mira Murati, chief technology officer of OpenAI, during an interview on "The Circuit with Emily Chang" in San Francisco on April 4, 2023. OpenAI Chief Technology Officer Mira Murati said Wednesday that she is leaving the company after six and a half years. Murati also wrote that she is "stepping away because I want to create the time and space to do my own exploration. Murati became a well-known name when OpenAI's board abruptly ousted CEO Sam Altman last November and Murati was named interim CEO. Days later, Altman was back at the company and Murati moved back to her former role as CTO.
Persons: Mira Murati, Emily Chang, There's, Ilya Sutskever, Jan Leike, John Schulman, Anthropic, Murati, OpenAI, Sam Altman, OpenAI's, Altman, Sutskever, Helen Toner, Tasha McCauley Organizations: OpenAI, Reuters, Microsoft, Tiger Global, Nvidia, Apple, Tech, Street Locations: San Francisco, OpenAI
Before this change, 988 callers were routed to a call center based on their area code rather than physical location. Next month, the Federal Communications Commission will vote on a rule that would require all wireless carriers in the US to implement georouting for 988 calls. “In times of crisis, every minute matters – especially when seeking help for yourself or a loved one in need of mental health support. The line operates 24 hours a day, seven days a week, and comprises over 200 local crisis centers across the country. “No more 988 calls and messages will be needlessly sent to crisis centers hundreds of miles away,” Rosenworcel said.
Persons: , ” Miriam E, Jessica Rosenworcel, SAMHSA, Dr, Sanjay Gupta, Rosenworcel, ” Rosenworcel, “ I’m, ” CNN’s Jacqueline Howard, Mira Cheng Organizations: CNN, US Department of Health, Human Services, Federal, Mental Health Services Administration, Verizon, Mobile, Federal Communications Commission, Lifeline, Prevention, CNN Health, National Alliance, Mental, FCC, HHS Locations: Los Angeles, New York
AdvertisementNow, he said, it's changing fast, driven by Lithuania's burgeoning tech startup scene. Tech Zity, an ambitious project a short walk from Cyber City, could help to turbocharge Lithuania's tech scene. Tech Zity is set to become Europe's biggest tech campus. Like Cyber City, Tech Zity is being developed on the site of a Soviet-era factory. Tech Zity, on the site of a Soviet-era sewing factory, is under construction, and it is set to become Europe's biggest tech campus.
Persons: , Joshua Nelken, Marijus, Vinted, Briedis, that's, Valdas Benkuskas, it's, Kipras Krasauskas, Krasauskas, gesturing Organizations: Service, Vilnius Old Town, Business, Cyber, Nord Security, Nord Security's, Security's, Soviet Union, Vilnius, BI, Tech, Kilo Health Locations: Vilnius Old, Soviet, Lithuania, Vilnius, Silicon Valley, Baltics, Central, Eastern Europe, Lithuanian, Berlin, London, Amsterdam, Cyber, Cyber City, European, City, Soviet Union
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. More important: Unlike other face-computing tech I've tried over the years — Google's Glass, Apple's Vision Pro, Meta's own line of Quest goggles — this is one I can actually imagine buying, and using, in real life. Meta's Orion glasses can serve many of the same purposes as a smartphone. Meta's Orion glasses are connected to a wristband that reads muscle movements. If Orion, or any other device Meta makes, becomes the future of computing, then Zuckerberg can operate his business on his devices.
Persons: , Mark Zuckerberg, Alex Heath, I've, Orion, who's, Meta Orion, It's, Zuckerberg, Meta, he's Organizations: Service, Orion, Business, Meta, Apple, Google
Egyptology has come a long way from Victorian mummy-unwrapping parties. The mask of King Tutankhamun, which was damaged and glued back together, is seen at the Egyptian Museum in Cairo. Some royal mummies were unveiled by running a knife straight from their head to their toes, with little care. The way early excavators treated mummified remains partly explains why the remains of King Tutankhamun, a Pharaoh of the 18th dynasty buried with the famous golden mask, are in such poor shape today. "CT scanning and X-rays are the basic ways of searching mummies nowadays because you cannot unwrap mummies in museums," Ejsmond said.
Persons: King Tutankhamun, Pharaoh, Ejsmond Organizations: Egyptian, Reuters Locations: Cairo
Read previewThis as-told-to essay is based on a conversation with Robert Doyle, a Walmart store manager in Cibolo, Texas. As a store manager, each day is a little different, but the process is the same. At about 8 o'clock I'll start working with my morning management team, which includes a few coaches and some team leads. The technology is growing so fast and it changes day to day to day, and we're working to stay on top of it. I like to present my store as the best store in town — whatever competitor I have, I've got the best store.
Persons: , Robert Doyle, I've, There's, that's, We've, Dominick Organizations: Service, Walmart, Business, Home Office Locations: Cibolo , Texas, DeLand , Florida, Germany, Florida, Illinois, North Carolina, Pennsylvania, Texas
Read previewSouth Korean companies are investing billions of dollars in the US to take advantage of two big laws meant to boost American manufacturing. A Financial Times analysis of United Nations data found South Korean companies invested $21.5 billion in US projects in 2023, more than any other country. Related storiesAnd South Korean investments span multiple states, mainly in the South. In the past decade, South Korean companies have created about 7,000 jobs in Texas and nearly 8,000 jobs in Indiana. Those provisions have incentivized South Korean companies to divert from China and focus more on the US.
Persons: , Yeo, South, Biden, South Korea —, " Yeo, Joe Biden's Organizations: Service, United, Business, Samsung, LG, Hyundai, South, Peterson Institute for International Economics, EV, Financial, Kia, SK Hynix, Korea's Ministry of Trade, Industry, Energy, Wall Street, World Bank, Biden Locations: United Nations, South Korea, Taiwan, Southern, China, US, Georgia, South, Texas, Arizona, Indiana, Korea's
Read previewOpenAI CEO Sam Altman is working on a new AI device startup with former Apple design chief Jony Ive and Laurene Powell Jobs, the widow of the late Apple founder Steve Jobs. Marc Newson, who cofounded LoveFrom with Ive, told The Times that they were still figuring out the product and its release date. Advertisement"I'm interested in this topic, I think it is possible," Altman told The Journal's tech columnist Joanna Stern at the event. Notably, Altman told Stern in October 2023 that he didn't think AI devices would eclipse smartphones. Related storiesFormer Apple employees Imran Chaudhri and Bethany Bongiorno cofounded their own AI startup, Humane in 2019 and launched their first product, the Ai Pin in November.
Persons: , Sam Altman, Jony, Laurene Powell Jobs, Steve Jobs, Brian Chesky, Altman, Airbnb, Emerson, Powell Jobs, Marc Newson, Joanna Stern, Stern, Imran Chaudhri, Bethany Bongiorno, Zoz Organizations: Service, Apple, The, The New York Times, The Times, Business, Apple Watch, Times, Bloomberg, Humane, Emerson, Business Insider Locations: OpenAI
The technology is similar to Apple's Face ID but mobile platform-agnostic, given that many Worldcoin users have Android devices. So I can take a photo of your face, and, through complicated AI, I could fool Face ID, for example. If it is the first time, the orb takes the iris code and cryptographically processes the iris code. Individually, neither of those new codes looks anything like the iris code, nor can they be brought back to the iris code on their own. To get an iris code, you have to recombine all of those pieces.
Persons: Sam Altman's, Worldcoin, It's, Damien Kieran, Elon Musk, Kieran, they're, it's, Alex, Sam Altman Organizations: Service, Business, Companies, Humanity, Twitter, Google Locations: Germany, France, Kenya
A major strike is on the horizon for thousands of maritime workers, posing a threat to East Coast ports responsible for billions of dollars of goods. The union is arguing for better wages and continued protections against automation and new technology in its terminals. The ILA has argued that the USMX is denying workers fair contracts with adequate wage raises and proper benefits. In all of its updates since July 18, USMX has maintained that the union refuses to return to negotiations. The ILA and USMX will need to agree upon a new master contract by Oct. 1, before the current six-year contract expires and the ILA pledges to go on strike.
Persons: Harold J, Daggett, , Steve Burns, “ USMX, USMX, ’ ” Daggett, Organizations: Longshoremen’s Association, Gulf, can’t, United States Maritime Alliance, ILA, Port Authority of New, NBC News, Port Authority Locations: East Coast, North America, Gulf Coast, USMX, Port Authority of New York, New Jersey
Pagers, devices that are used every day as a crucial form of communication for health care professionals, became a deadly weapon Tuesday as thousands of them simultaneously exploded in Lebanon, killing 37 people and injuring thousands. The explosions targeted the militant and political group Hezbollah, after the devices had reportedly begun beeping and heating up. Pagers are wireless communication devices that receive radio signals from short- or long-range paging networks. The pagers that exploded in Lebanon were made to appear as if they were Gold Apollo’s AR-924 pagers, but The New York Times reported that they were actually created by Israeli intelligence workers. Following the explosions on Tuesday, Hezbollah told Al Jazeera that the “treacherous and criminal enemy will certainly be punished for this aggressive act.”How did the pagers explode?
Persons: Al Jazeera, ” Israel, Mohamed Azakir, Amer Al Sabaileh, Matthew Pines, ” “, John Brennan, ” Brennan, Muhammad Mahdi, Firas Abiad, Mojtaba Amani Organizations: Hezbollah, New York Times, Consulting KFT, Consulting, NBC News, , American University of, American University of Beirut Medical Center, Strategic Advisory, CIA, National News Agency, Lebanese, Cross, American University of Beirut Medical Locations: Lebanon, Israel, Hungarian, Hungary, American University of Beirut, Syria
Stifel warns of a sharp stock market correction by year-end, with the S&P 500 potentially dropping 12%. "Our instruments tell us to expect an S&P 500 correction to the very low 5,000s by 4Q24," Bannister said. AdvertisementInvestors should prepare for a sharp and quick correction in the stock market before the end of the year, according to Stifel. In a note on Thursday, chief equity strategist Barry Bannister of Stifel warned that the S&P 500 could trade 12% lower in the fourth quarter. "Our instruments tell us to expect an S&P 500 correction to the very low 5,000s by 4Q24," Bannister said.
Persons: Stifel, Barry Bannister, Bannister, Organizations: Service
The technology is similar to Apple's Face ID but mobile platform-agnostic, given that many Worldcoin users have Android devices. So I can take a photo of your face, and, through complicated AI, I could fool Face ID, for example. If it is the first time, the orb takes the iris code and cryptographically processes the iris code. Individually, neither of those new codes looks anything like the iris code, nor can they be brought back to the iris code on their own. The one person that can access that information is the owner of the world ID — the user.
Persons: Sam Altman's, Worldcoin, It's, Damien Kieran, Elon Musk, Kieran, they're, it's, Alex, Sam Altman Organizations: Service, Business, Companies, Humanity, Twitter, Google Locations: Germany, France, Kenya
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