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But it may allow Russia to reorganize and push forward, and if it works North Korea can send more. Russian Foreign Ministry spokesperson Maria Zakharova said Wednesday that the reports of North Korea sending soldiers to Russia was “fake and hype,” local media reported. "I am very concerned," James Stavridis, a retired U.S. Navy admiral and the former supreme commander of NATO forces, told MSNBC yesterday. And if a North Korean soldier is killed with NATO weapons how does the often unpredictable Kim respond? This week South Korea summoned the Russian ambassador, seeking the “immediate withdrawal” of North Korean troops from Russia.
Persons: Maria Zakharova, James Stavridis, Kim, Georgiy Zinoviev, South, Kim Hong, Putin, Xi, Pezeshkian, Mauro Vieira Organizations: North, Russian Foreign, U.S . Navy, NATO, MSNBC, NBC News Locations: Ukraine, Russia, North Korea, Korea, U.S, Ukrainian, Asia, North Korean, Russian, Seoul, Brazil, Egypt, UAE, India, United States, Kazan
A grand jury in Arizona indicted a teenager on terrorism charges, alleging he planned to attack participants at the Phoenix Pride Festival, authorities said Wednesday. The suspect, who will be tried as an adult, acquired materials to make an explosive device, prosecutors alleged. The teen, prosecutors said, discussed his intention to make an “unstable explosive that can propel shrapnel and other dangerous items outward, causing serious injury or death to people in the area." In addition to the suspect, the indictment refers to “Juvenile A” and other “unnamed co-conspirators.”The pride festival was last weekend. The indictment said the suspect's motive was to “further the goals” of the Islamic State group, also known as ISIS.
Persons: , Rachel Mitchell Organizations: Phoenix Pride Festival, Islamic State, ISIS Locations: Arizona, Maricopa County
People in the LGBTQIA+ community often use the word partner to describe their relationship to other parties. ‘Boyfriend’ can sound juvenileLike many couples, Rouzer found “boyfriend” an inaccurate description of her close companion. Carey explained that “the relationship escalator” is a concept where couples are expected to follow several steps in a romantic relationship. Even the term “partner” could feel ambiguous since people might not know if you’re talking about a life or business partner. For Rouzer, “partner” is the most appropriate label for her nine-year relationship.
Persons: Rouzer, ’ it’s, , Patricia S, Dixon, Zers, , Leah Carey, ” Carey, “ I’ve, Domenique Harrison, Carey, , , ” Harrison, Harrison, “ You’re, It’s, ” Jocelyn Solis, Moreira Organizations: CNN, National Louis University in, , United, United States Census Locations: National Louis University in Florida, Millennials, California, United States, New York
For Chinese imports, Trump has proposed an even steeper 60% tariff. Many economists have warned that tariffs planned by Trump will hurt global economic growth and drive up inflation in the US, as well as abroad if other countries introduce higher levies on US imports in response. The International Monetary Fund (IMF) also sees a hit to global gross domestic product from increased tariffs around the world, according to its latest World Economic Outlook. Mario Tama/Getty ImagesA rise in protectionism around the world means open trade is already under threat and the ability of its champion, the World Trade Organization, to settle international trade disputes is severely constrained. “What we’d see in Trump 2 is far more radical than what we saw in Trump 1.”
Persons: Smoot, Donald Trump, Federal Reserve — Trump, Trump, , Evan Vucci, he’s, Maurice Obstfeld, Kristalina Georgieva, , Mario Tama, ” Obstfeld, ” Petros Mavroidis, Scott Olson, Joe Biden, André Sapir, Bruegel, Jerome Powell, Powell, ” Trump, ” Edward Alden, ” Alden Organizations: London CNN, Federal Reserve, Bloomberg, Economic, of Chicago, Trump, Peterson Institute for International Economics, Republican, UBS, Monetary Fund, ABN AMRO, Peterson Institute, IMF, White, Port, World Trade Organization, CNN, Columbia Law School, US, European Union, EU, greenback, Foreign Relations, Locations: United States, Hawley, Washington, DC, China, Ukraine, Chicago, Japan, France, South Korea, Port of Los Angeles, Indiana, Portage , Indiana, Brussels, Trump
CNN —Police are investigating incidents of arson, vandalism and attempted burglary at a historic synagogue in Philadelphia that occurred within hours of each other Tuesday. Surveillance footage released by police shows the suspect standing inside the dumpster, then smoke coming out of the dumpster before it’s engulfed in flames. Then, around 6:30 a.m., two men attempted to break into the synagogue, police say. Philadelphia police are asking the public for help identifying the suspects in the arson and attempted break-in. The synagogue, which refers to itself as the “Synagogue of the American Revolution,” has “deep ties to Philadelphia’s and our nation’s founding,” the statement said.
Persons: haven’t, , Israel, , Brendan Boyle, ” Boyle, CNN’s Josh Campbell Organizations: CNN — Police, Mikveh Israel, Jewish Federation of Greater, Philadelphia Police Department, CNN, KYW, Philadelphia, Defamation, Islamic Relations, Jewish Federation of, Pennsylvania Locations: Philadelphia, Center City, Jewish Federation of Greater Philadelphia, Israel, United States
The Tampa Bay Lightning celebrate after defeating the Montreal Canadiens 1-0 in Game Five to win the 2021 NHL Stanley Cup Final at Amalie Arena on July 7, 2021. The Tampa Bay Lightning's ownership group is expanding. Vinik Sports Group, run by titan investor Jeff Vinik, is selling a portion of the National Hockey League team to a group of investors led by Doug Ostrover and Marc Lipschultz. As part of the Lightning deal announced Thursday, Arctos Partners will also sell a portion of its ownership and remain a minority stakeholder. Vinik acquired the Lightning in 2010 for a reported $110 million and since then has invested billions in real estate development in downtown Tampa Bay.
Persons: Jeff Vinik, Doug Ostrover, Marc Lipschultz, Vinik, Arctos, Organizations: Tampa Bay, Montreal Canadiens, Amalie Arena, Vinik Sports Group, National Hockey League, NHL's, Governors, National Football League, Lightning, Blue Owl, NFL, Stanley Locations: Tampa, U.S, Tampa Bay
While many AI companies have focused on training large language models, Groq seeks to make them run as fast as possible using chips it developed called LPUs, or language processing units. The gambit is that as AI models get better, inference — the part where the AI makes decisions or answers questions — will demand more computing power than training will, positioning Groq to reap the rewards. Groq's special (and tightly patented) sauce is its specialized chip design says Ross. Dean asked Ross's team to design a chip based on a specific type of integrated circuit they were using, and the result was Google's first tensor processing unit, a chip designed specifically for AI. Watching the AlphaGo program land a complex "shoulder hit" move on its opponent was validation for Ross that faster inference meant better, smarter AI.
Persons: Groq, Ross, , Google's, Jeff Dean, Dean, Ross's, Lee Sedol Organizations: Rivals, Nvidia, Google
Ingram Micro began trading Thursday at the NYSE under the symbol INGM, surging as much as 17% from its $22 initial public offering price . Still no signs of IPO life, despite record highs for stocks Unfortunately, Ingram is not going to change the IPO dynamic. Pre-covid, a normal year would see roughly $50 billion raised. Recent large IPOs (amount raised, and gain from IPO price) KinderCare $576 m. +20.7% StandardAero $1.4 b. In 2021, private capital was able to raise record funding for tech companies, which became benchmarks for private valuations.
Persons: Imgram, Ingram, Matt Kennedy, BlackRock, Kennedy Organizations: Ingram Micro, NYSE, Tianjin Tianhai Investment Company, HNA, Equity, KinderCare, Renaissance Capital, HPS Investment Partners Locations: Tianjin, IPOs, China
Finix is a startup that works with merchants so they can accept and manage payments. On Thursday, it raised a $75 million Series C that included Lightspeed Ventures and Acrew Capital. AdvertisementSome of the industry's biggest fintech investors just backed an up-and-coming payments startup challenging Stripe and Square. The San Francisco-based startup raised $75 million in a Series C funding round, the company announced Thursday. AdvertisementFinix processes billions of dollars every month for tens of thousands of merchants, Serna said.
Persons: , Richie Serna, Finix, Serna, " Serna Organizations: Lightspeed Ventures, Acrew, Service, Acrew Capital, Lightspeed Venture Partners Locations: San Francisco, Finix's, Serna
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNvidia CEO partners with India to supply chips to tech companiesNvidia CEO Jensen Huang, in a fireside chat with Reliance Industries Chairman Mukesh Ambani, discussed why India is poised to build an AI empire. He highlighted the country's potential to export AI innovations rather than Indian workers being displaced by the technology.
Persons: Jensen Huang, Mukesh Ambani Organizations: Reliance Locations: India
Here are Thursday's biggest calls on Wall Street: KeyBanc downgrades Verizon to sector weight from overweight KeyBanc downgraded the telecom provider following earnings. Jefferies initiates California Resources at buy Jefferies says the energy company has a differentiated offering. " TD Cowen reiterates Microsoft as buy The firm recommended Microsoft heading into earnings next week. Bank of America reiterates Amazon as buy Bank of America touted Amazon ahead of earnings next week. Morgan Stanley reiterates Tesla as overweight The firm says it's sticking with top pick Tesla following earnings on Wednesday.
Persons: KeyBanc, Jefferies, Bernstein, ServiceNow, TD Cowen, Wells, Susquehanna, Lisa Su, SRE, Morgan Stanley, Tesla, Rosenblatt, Apple Organizations: Verizon, " Bank of America, IBM, Bank of America, CRC, Facebook, Google, Microsoft, Deutsche Bank, Deutsche, JPMorgan, NextEra Energy Partners, NextEra Energy, AMD, Sempra Energy Locations: California, Regions
AdvertisementDeloitte and EY have trimmed staff as demand for professional services provided by the two Big Four firms declines. AdvertisementDeloitte is the world's largest professional services firm in the world by revenue and employees. Lucy North/PA Images via Getty ImagesMajor consulting firms are experiencing a slowdown in demand for advisory services. Professional services firm Accenture cut its revenue forecast for 2024 from between 2% and 5% to between 1% and 3%. AdvertisementAside from workforce reductions, consulting firms are also introducing new policies as they face up to an industry slowdown.
Persons: , EY, Lucy North, PwC, James Callander, Callander Organizations: Deloitte, Service, Big, Financial Times, Revenue, Getty, Accenture, UK, Business
Prabhakar, part of Business Insider's 2024 AI Power List, has headed the White House Office of Science and Technology Policy since 2022. In her role, she advises President Joe Biden on science and technology with a particular focus on AI's risks and benefits. Previously, she was the director of the Defense Advanced Research Projects Agency and was the first woman to lead the National Institute of Standards and Technology. She also founded the nonprofit Actuate, which manages research to solve societal challenges. See Business Insider's full AI Power List
Persons: Prabhakar, Joe Biden Organizations: White, Office of Science, Technology, Defense, Research Projects Agency, National Institute of Standards, Research, US Venture Partners
download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementNearly 12 years ago, I found a rudimentary app that helped me track how often and for how long I fed my baby. I told my mom about it, excited to share how advanced things had gotten since her days of feeding babies. Take, for instance, apps that don't just help parents track the minutiae of baby care but rather track the practice of parenting young children. While marketed as parent-support, most parenting apps are child-centered to the extreme, using the parent as a conduit to deliver a particular parenting approach.
Persons: , Nicholas Carr, There's Organizations: Service
The prestigious venture firm Sequoia Capital likes to say all its partners invest in every sector. But more than anyone, the growth-stage partner Grady, part of Business Insider's 2024 AI Power List, has led the firm's AI strategy, making bets on companies including OpenAI, Harvey, and Hugging Face. Along with another partner, Sonya Huang, Grady also wrote a public blog post on Sequoia's website inviting AI founders to email them their ideas and pitches directly. A successful deal for Sequoia is more about investing in the best people rather than at the best price, Grady told Business Insider last year. See Business Insider's full AI Power List
Persons: Grady, Harvey, Sonya Huang Organizations: Sequoia Capital, Sequoia
Both companies see massive potential for the technology, with a grand vision for AR glasses to usurp smartphones as the next generation of computing. Microsoft has also invested in AR technology for well over a decade, launching its HoloLens headset for enterprise in 2016. While Snap and Meta have debuted AR prototypes, they're still years away from selling those devices to consumers. Snap similarly plans to invest in building out its ecosystem, renting its AR glasses to developers who commit to paying $99 a month for a year for the Spectacles. Watch the video as CNBC's Julia Boorstin tries Meta and Snap's augmented reality glasses and explores the future of this cutting-edge tech.
Persons: Mark Zuckerberg, Evan Spiegel, Chris Cox, CNBC's Julia Boorstin, Apple, Tuong Nguyen, Gartner, they're, Zuckerberg, We're, We've, Spiegel, Boorstin, Julia Boorstin Organizations: Google, Microsoft, Meta
The remains of an unidentified missile, which Ukrainian authorities claimed to be made in North Korea, is seen at a site of a Russian strike in Kharkiv, Ukraine on January 2. China, Russia and Iran have also held four joint naval drills since 2019, and China is by far Iran’s largest energy buyer. Beijing also carefully manages its relationship with North Korea – which is almost wholly economically and diplomatically dependent on China. “Russia, North Korea, Iran is the type of grouping that China least wants to openly associate itself with,” said Tong Zhao, a senior fellow at the Carnegie Endowment for International Peace. An Iranian military boat patrols ahead of the start of a joint naval drill of Iran, Russia and China in the Indian Ocean in May.
Persons: They’ve, Lloyd Austin, George W, Bush’s, , Kim Jong, Kim, there’s, what’s, Bashar al, Assad, Israel –, Xi Jinping, Putin, Alex Gabuev, Sofiia Gatilova, Xi, Loup, , Tong Zhao, Zhao, Sydney Seiler Organizations: Hong Kong CNN, Korean, Moscow’s, US, North, West, Carnegie Russia Eurasia Center, China’s, National University of Singapore’s Middle East Institute, Carnegie Endowment, International Peace, Iranian Army, AP, UN, National Defense Strategy, NATO, Center for Strategic, International Studies Locations: Hong Kong, Russia, Ukraine, United States, Tehran, China, Iran, North Korea, Washington, Europe, Pacific, Nazi Germany, Fascist Italy, Imperial Japan, Iraq, South Korea, Pyongyang, Syria, Beijing, Moscow, Berlin, Kharkiv, Kazan, Israel, Jean, South, Taiwan, “ Russia, , Iranian, Asia, Australia, Japan, New Zealand, North Asia, Sydney
Abridge has quickly become the healthcare AI startup to watch. Rao founded Abridge in 2018 to automate medical notetaking with its large language models. It's also gotten buy-in from major investors, including CVS Health Ventures and Lightspeed Venture Partners. Abridge in February announced it raised $150 million in Series C funding at an $850 million valuation. And in August, the startup got its biggest customer yet, notching a deal to provide its tech to Kaiser Permanente's clinicians.
Persons: Abridge, Rao, it's, It's, Kaiser Organizations: Sutter Health, Yale New, Yale New Haven Health, CVS Health Ventures, Lightspeed Venture Partners, Abridge Locations: Yale New Haven
The U.S. Transportation Department announced a $50 million fine Wednesday against American Airlines over allegations it mistreated passengers with disabilities, which the department said in some cases caused injuries. “They repeatedly failed to provide prompt wheelchair assistance, and they damaged thousands of passengers’ wheelchairs, which left passengers without the device they need to live their life fully,” he said. American Airlines may not be alone in violations of laws that protect travelers with disabilities. Buttigieg said there are investigations into other airlines, although he said that “American Airlines appear to be one of the worst offenders.”“The problems that we have uncovered in our investigation are not confined to one airline,” Buttigieg said. American said last year that it transported more than 146,000 wheelchairs and other mobility devices.
Persons: Pete Buttigieg, ” Buttigieg, , , Julie Rath, Buttigieg Organizations: U.S . Transportation Department, American Airlines, Transportation, Transportation Department, Airlines, Bureau of Transportation Statistics Locations: Delta, Southwest
The president of McDonald’s USA said Wednesday that the company can "restore confidence" as it seeks to minimize the damage from an E. coli outbreak linked to the chain’s Quarter Pounders in multiple states. We took swift action yesterday to remove the Quarter Pounder from our menu. This was swift and decisive action by us,” Joe Erlinger, president of McDonald's USA, said on NBC's “TODAY” show. Customer Aaron Chapa, 22, said he eats at the restaurant a few times a week and consumed a Quarter Pounder over the weekend but never got sick. “I knew it was only the Quarter Pounder that was affected,” said Chapa, who was satisfying his hunger Wednesday with a cheeseburger.
Persons: ” Joe Erlinger, Erlinger, we’ve, It’s, Mike Railey, “ I’ll, , Railey, hadn’t, it’s, Aaron Chapa, , Chapa, “ I’m, Yash Reddy, didn’t, McDonald’s, McDonald's Organizations: McDonald’s USA, McDonald's, Centers for Disease Control, CDC, Nebraska, Guggenheim Partners Locations: McDonald’s, McDonald's USA, Colorado, Denver, Iowa , Kansas , Missouri, Montana , Oregon , Utah , Wisconsin, Wyoming
The Twrl founders say they hope the initiative they took moves those conversations forward and educates some people along the way. Later, Taiwan would claim to be the birthplace of the boba drink concept, a sweet concoction of an aromatic tea, milk and boba balls. The first U.S. boba drink shops opened in the 1990s but there’s conflicting reports on whether the San Francisco Bay Area or Southern California was the starting point, Phun said. But it didn’t come from a place of, ‘I really love boba tea,’” she said. Meanwhile, the “Dragons’ Den” episode led to some significant fallout.
Persons: Olivia Chen, Pauline Ang, Simu Liu, Liu, Chi, Twrl, , , Chen, ” Liu, Juily, South America . Colonization, boba, Phun, ” Phun, “ It’s, ” Megan Ruan, they’re, ” Chen, , ” Ruan, it’s, Ang, Manjit Minhas Organizations: ABC, San, Bobba, American, Cal State, South America ., San Francisco Bay Area, Gold House Ventures, Foods Locations: San Francisco Bay, , Quebec, Taiwan, South America, Pacific Islands, Asia, U.S, Southern California, American, Japan, China
The fifth game of this year’s WNBA Finals between the Minnesota Lynx and the New York Liberty was the most-viewed WNBA finals game in 25 years across all networks, according to ESPN, citing Nielsen data. The National Football League’s “Sunday Night Football” and Major League Baseball’s National League Championship Series aired at the same time. Viewership across the entire WNBA Finals series more than doubled compared to last year, a continuation of the growing popularity of the WNBA and women’s sports more broadly. Minnesota Lynx forward Bridget Carleton drives against New York Liberty forward Jonquel Jones in Game 5 of the WNBA Finals. The impressive viewership caps off a WNBA season that saw viewership, engagement and attendance up across the board.
Persons: Bridget Carleton, Jonquel Jones, Pamela Smith Organizations: Minnesota Lynx, New York Liberty, ESPN, Nielsen, League Baseball’s National, WNBA, Lynx, Liberty, National Basketball, CNBC, Golden State, Basketball Players, CBA, Associated Press
SEOUL, South Korea — North Korea has sent troops to Russia, the U.S. said Wednesday, its first public confirmation of a move that has rattled Western allies and could mark a major escalation of Moscow’s war in Ukraine. North Korean leader Kim Jong Un visiting Korean People's Army soldiers at an undisclosed location on Oct. 17. South Korean lawmakers said Wednesday that North Korea had sent 3,000 troops to Russia out of a promised 10,000 to be deployed by December. That is twice the 1,500 the South Korean intelligence agency had reported being sent last week. Ukrainian President Volodymyr Zelenskyy said Tuesday that two units of North Korean troops, with as many as 6,000 people each, were being trained for deployment.
Persons: Lloyd Austin, Austin, Kim Jong, KCNA, Volodymyr Zelenskyy, , Kyrylo Budanov, Vedant Patel, , ” Austin, Zelenskyy Organizations: , Democratic People’s, Korean People's Army, Getty, Kremlin, South, South Korean, Directorate of Intelligence, North Korean, State Department Locations: SEOUL, South Korea, North Korea, Russia, U.S, Ukraine, Rome, Democratic People’s Republic of Korea, Korea, AFP, Pyongyang, Moscow, Russia’s Kursk, Russian, Kyiv
“We assess that between early- to mid-October, North Korea moved at least 3,000 soldiers into eastern Russia,” National Security Council spokesman John Kirby said. “We assess that these soldiers traveled by ship from the Wonsan area in North Korea to Vladivostok, Russia. “We are seeing evidence that that there are North Korean troops that have gone to Russia,” Austin told reporters traveling with him in Rome on Wednesday. A senior administration official said earlier Wednesday that the training of North Korean soldiers and possible preparation to send them to find to Ukraine is a sign of serious desperation on Russia’s part. Meanwhile, South Korea’s spy agency, the National Intelligence Service, said Friday that North Korea has shipped 1,500 soldiers, including special forces fighters, to Russia for training.
Persons: , John Kirby, , Defense Lloyd Austin, ” Austin, Austin, Kirby, Putin, ” Kirby, Volodymyr Zelensky, Kevin Liptak, MJ Lee Organizations: CNN, Ukraine, ” National Security, Defense, US, Korean, Kremlin, UN, United, NATO, National Intelligence Service Locations: Russia, North Korea, Wonsan, Vladivostok, Ukrainian, Korea, Ukraine, Rome, Europe, Pacific, Moscow, Pyongyang, United States, Kyiv, Washington, Koreans, South
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