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The mechanics' trade union is ramping up efforts after talks stalled again this week. AdvertisementThe labor dispute over Tesla's refusal to sign a collective wage agreement in Sweden has escalated into a dramatic labor battle. Unions representing multiple industries announced this week that they would join the strike in solidarity with IF Metall, the Tesla mechanics' trade union. The cleaners were joining the labor action "simply because the [IF] Metall Workers Trade Union asked us to," ombudsman Torbjörn Jonsson told Wired. In Germany, the largest labor union secured a 4% pay rise for 11,000 staff at Teslas Berlin Gigafactory.
Persons: Tesla, , it's, who've, JOHAN NILSSON, Getty, Torbjörn Jonsson, IG Metall Organizations: Service, IF Metall, Metall, Workers, Union, Tesla, Wired, Metall Workers Trade Union, Teslas Berlin Locations: Sweden, Swedish, Malmo, Germany, Grünheide
The 300 satellites will orbit at a much lower altitude than their competitors. AdvertisementA Chinese company plans to launch the first of 300 very low orbit satellites next month in a rival constellation to Elon Musk's Starlink network. China Aerospace Science and Industry Corp plans to put 192 satellites in orbit by 2027, with 300 by 2030, the outlet reported. But for now China remains far behind Elon Musk's Starlink constellation. It will be able to carry the new generation of larger Starlink satellites.
Persons: Elon Musk, , Elon Musk's, Chance Saltzman, Elon, Musk, gIpnubscWa — Elon Organizations: Elon, Service, China Aerospace Science, Industry Corp, Bloomberg, SpaceX, Space Operations Locations: China
Apple was asked by a House committee to explain its decision to cancel Jon Stewart's show. "The Problem with Jon Stewart," which streams on Apple TV+, was canceled last month. AdvertisementLawmakers have asked Apple to explain why "The Problem with Jon Stewart" was recently canceled. AdvertisementAfter being told he must be "aligned" with the company on topics, Stewart and Apple decided to go their separate ways. "If Jon Stewart can potentially be impeded from offering commentary on the CCP, what does this mean for less prominent personalities?".
Persons: Apple, Jon Stewart's, Jon Stewart, , Tim Cook, Stewart, Ding Xuexiang Organizations: Apple, Chinese Communist Party, Service, New York Times, Communist Party, CCP, Getty, Business Locations: China, Beijing, Xinhua
Donald Trump launched Truth Social after he was banned from X/Twitter following the January 6 riots. AdvertisementDonald Trump's social media platform, Truth Social, has lost tens of millions of dollars this year, according to SEC filings released Monday. AdvertisementDigital World has now asked investors to extend the deadline for the Truth Social deal. Although the former president's X account has since been reinstated, he's upheld an exclusivity deal to post first on Truth Social. AdvertisementHowever, Truth Social has struggled to attract the same level of interest compared with social media platforms.
Persons: Donald Trump, , Donald, Trump, Devin Nunes, he's Organizations: Service, SEC, World, Corp, Truth Social, Trump Media, Technology, Department of Justice, Truth, CNBC, Twitter, Big Tech, Social, Trump, Forbes
NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. All aged under 40, Chinese heirs from at least 11 families will soon have control of wealth worth an estimated $120 billion, according to the Bloomberg Billionaires Index. AdvertisementNongfu Spring is China's biggest water company. Future Publishing/Getty ImagesThe company, worth just over half a trillion dollars, is China's biggest bottled water producer. These billionaire nepo babies are standing by to reap the benefits of China's an almost uninterrupted wealth boom over the past four decades.
Persons: , Zhong Shu Zi, Zhong, Gao Haichun, nepo, it's Organizations: Service, Billionaire, Bloomberg, University of California, Future Publishing, Brown University, McKinsey, Global Locations: China, Irvine
Authorities last week tightened control over all social media with new rules for users. AdvertisementThe government of Nepal banned TikTok over what it says it its damaging effect on Nepalese society. Content shared on the app was responsible for disturbing "social harmony, family structure and family relations," said Rekha Sharma, Nepal's minister for communications and information technology. The crackdown on TikTok in Nepal follows a series of tight controls on other social media platforms announced last week, per The Kathmandu Post. Social media companies must now register with the government, open an office, and pay taxes in Nepal.
Persons: , Rekha Sharma, Sharma, Bytedance, TikTok Organizations: Authorities, Service, Social, New York Times, Business Locations: Nepal, India, Canada, Europe, New Zealand, Taiwan, Kathmandu
A flight from LA to Vancouver made an emergency landing in San Francisco on Monday night. The diversion followed a bomb threat made by someone on the flight, an airport official said. AdvertisementAdvertisementA United Airlines flight from Los Angeles to Vancouver made an emergency landing after an alleged bomb threat was made, airport officials said. However, about an hour into the journey the plane turned around and headed to San Francisco, tracking data from Flight Radar 24 shows. In March, a United flight was grounded in Vermont after a note, discovered in the plane's bathroom, indicated there was a bomb onboard.
Persons: Organizations: Service, United Airlines, LAX, San, ABC7, FBI Locations: LA, Vancouver, San Francisco, Los Angeles, California
A horse managed to escape its stall shortly after a cargo plane took off from JFK on November 9. AdvertisementA cargo plane had to return to JFK after a horse broke loose and the crew couldn't get it back in its stall. Air Atlanta Icelandic flight 4592 took off at 2.30 p.m on November 9 on its way to Liege, Belgium. AdvertisementIt's unclear how the horse managed to escape, but it remained unrestrained until the plane landed at JFK. The flight path of Atlanta Airlines Icelandic flight.
Persons: Organizations: YouTube, ATC, Service, JFK, Air Atlanta Icelandic, Boeing, Atlanta Airlines Icelandic, Air Atlanta, Business Locations: JFK, Liege, Belgium, New York, Canada
A lion escaped from a circus in Italy on Saturday and spent several hours on the loose. Residents were warned to stay at home until the lion was captured. AdvertisementAdvertisementA lion spent more than five hours roaming the streets of an Italian town on Saturday after escaping from a circus. AdvertisementAdvertisementIn a second Facebook post, Grando confirmed that the lion had been "sedated and captured" and would be returned to circus staff. Local media said investigations into what happened would be carried out, but the circus operators suggested that the lion may have been released intentionally.
Persons: , Alessandro Grando, asta Organizations: Service, uga Locations: Italy, Ladispoli, Rome, uinta
1,600 Harvard alumni have threatened to cut donations over the college's handling of antisemitism. The Biden Administration told colleges this week that they must do more to stop antisemitism and Islamophobia. "We never thought that, at Harvard University, we would have to argue the point that terrorism against civilians demands immediate and unequivocal condemnation," the HCJAA said. This week, the Biden Administration told colleges that they risk losing federal funding if they don't take steps to prevent antisemitism and Islamophobia. Harvard University and the HCJAA did not immediately respond to Insider's request for comment, which was made outside of normal working hours.
Persons: , Claudine Gay, Dean, Harvard College Rakesh Khurana, Israel, Rebecca Claire Brooks Organizations: Harvard, Biden Administration, Service, Harvard University, CNN, Harvard College, Harvard College Jewish Alumni Association, Gaza, Hamas, University, Fox News Locations: Palestinian
Tesla has released the sale terms for its long-awaited Cybertruck ahead of its 30 November release. AdvertisementAdvertisementCustomers set to receive the first Tesla Cybertrucks this November will be prevented from reselling their vehicles during the first year, according to Tesla's terms and conditions. Tesla added a section titled "For Cybertruck Only" to its Motor Vehicle Order Terms, which laid out the new rules. If Tesla does not want to purchase the vehicle, it may then agree to let the customer sell it to someone else. First announced in 2019, the Cybertruck is Tesla's first new product in years, and it is expected to shake up the electric pickup truck market.
Persons: Tesla, Musk, , Elon Musk Organizations: Service, Fast Company Locations: @ElectrifyExpo, Austin
Researchers say a "digital detox" won't leave you with any withdrawal symptoms. AdvertisementAdvertisementGoing on a full "digital detox" may not be all that beneficial after all, according to a new study by researchers at Durham University. They say that the findings show social media may not be as addictive as some claim. The digital detox did cause the participants to feel fewer negative emotions, like intimidation and harassment, and many reported experiencing less FOMO. AdvertisementAdvertisementExperts haven't reached a consensus on how harmful and addictive social media really is.
Persons: disconnecting, , Molly Russell, Pinterest, Sally Andrews Organizations: Service, Durham University, Facebook, Meta, Nottingam Trent University
The AI race is heating up following the launch of Elon Musk's chatbot called Grok. One employee even claimed that other AI fear Musk's creation. "I am not scared of Elon Musk's AI Grok. A second try with the prompt: "Are you scared of Elon Musk's Grok?" AdvertisementAdvertisement"Yes, I am a little bit scared of Elon Musk's Grok.
Persons: Elon Musk's chatbot, Grok, , Elon Musk, Bard, chatbot, It's, Musk, OpenAI, Dan, , — Dan, @KettlebellLife, Dan wasn't, OpenAI's, Polly Thompson, X's Dan, Elon, Bard isn't, X, Elon Musk's, Elon Musk's Grok, Grok —, Shona Ghosh, Anthropic's Claude, Claude, Anthropic, Bing, Microsoft Bing, GoogleAI's Organizations: Elon, Service, AIs, OG, Twitter, Google, Microsoft
A Microsoft software update forced some users to answer a survey before they closed OneDrive. It told The Verge in a statement: "Between Nov. 1 and 8, a small subset of consumer OneDrive users were presented with a dialog box when closing the OneDrive sync client, asking for feedback on the reason they chose to close the application. Perhaps Microsoft hoped the poll would reveal why some users don't like a system that offers only an all-or-nothing approach to storing files. AdvertisementAdvertisementPart of the problem has been Microsoft's insistence on pushing the clunky and unpopular OneDrive cloud storage system on users. X users were also not umimpressed with the change, with one pointing out that using Microsoft was "quickly becoming an abusive relationship."
Persons: , Microsoft's OneDrive, I'm, they're, clingy, It's, We're, Clippy Organizations: Microsoft, Service
Bill Gates has found the perfect balance between optimism and pessimism, says Morgan Housel. The Microsoft cofounder also seems to be demonstrating "rational optimism" when it comes to AI. Morgan Housel describes Gates a "rational optimist" in a piece for CNBC, meaning he prepares for any short-term setbacks while maintaining an optimistic outlook for the future. AdvertisementAdvertisementWorrying about having enough cash to pay staff wages is the perfect example of rational optimism, says Housel. The 68-year-old is now applying his rational optimism to AI.
Persons: Bill Gates, Morgan Housel, , Gates, Housel, Charlie Rose, He's Organizations: Microsoft, Service, CNBC, Bloomberg Locations: Harvard
[1/2] Cast members Elizabeth Debicki, Dominic West, Imelda Staunton and Jonathan Pryce attend the premiere for the TV series The Crown Season 5 in London, Britain, November 8, 2022. "It's more about analysing what the face does, what the mouth does, what the head does, and then letting your voice come through that shape." Claire Foy and Olivia Colman, who have played Queen Elizabeth at different periods of her life, have both picked up awards for their performances. Movement coach Polly Bennett worked with actors "on how their physicality operates" in each season. Season 5 actors Imelda Staunton, Dominic West and Elizabeth Debicki reprise their roles as Elizabeth, Charles and Diana respectively.
Persons: Elizabeth Debicki, Dominic West, Imelda Staunton, Jonathan Pryce, Henry Nicholls, Diana's, William Conacher, " Conacher, Claire Foy, Olivia Colman, Queen Elizabeth, Conacher, Diana, Polly Bennett, Prince Charles, Prince William, Prince Harry, King Charles, Elizabeth, Charles, Imelda, Bennett, Marie, Louise Gumuchian, Alison Williams Organizations: REUTERS, Reuters, Thomson Locations: London, Britain
Persistent inflationary pressures have led to depressed levels of consumer spending all year, according to Bank of America. Consumers are still spending — in fact, they're spending more than they are earning — as employment levels and hourly wage growth remain fairly strong . Some analysts see an opportunity to pick up shares of battered-down retail stocks. According to Barclay's Yih, spending levels "almost have to be worse" next year. LPL's Roach similarly expects consumers spending to hit a roadblock in the coming months.
Persons: bode, Neuberger Berman, Steve Eisman, Jeffrey Roach, Adrienne Yih, Yih, Randy Hare, Ross, Polly Wong, Belardi Wong, James Lewis, Huntington's Hare, Bartlett, Chris Kempczinski, Lewis, , it's, Anthony Chukumba, Chukumba, Wells, Ike Boruchow, Kathleen Entwistle, Entwistle, LPL's Roach, Morgan Stanley's Entwistle, Barclay's Yih, Roach Organizations: Bank of America, CNBC, Consumers, Barclays, Ross, Huntington National Bank, Bartlett Wealth Management, Walmart, Retailers, Republic, Urban Outfitters, Eagle Outfitters, National, Capital, National Vision, Nike, Ross Stores, Morgan Stanley Private Wealth Management, Investments, Citizens JMP Securities, Delta Air Lines, Deutsche Bank Locations: U.S, Wells Fargo
A Swedish union is leading strikes against Tesla to secure a collective labor agreement. AdvertisementAdvertisementTesla is facing growing strike action in Sweden over its refusal to accept a collective labor agreement. Not all Tesla employees are participating in the strikes, however. Musk has consistently rejected calls for his staff to unionise, tweeting in 2018 that Tesla employees could lose their stock options if they did so. The factory has reportedly seen an unusually high number of work-related accidents and IG Metall says union signups among Tesla workers have surged.
Persons: Tesla, , Elon Musk's, Musk, Elon, Christiane Benner, Metall, Benner Organizations: Service, IF Metall, Tesla, The New York Times, Metall, UAW, Bloomberg, United Auto Workers Locations: Sweden, Swedish, tweeting, Europe, Berlin
Tyson recalled almost 30,000 pounds of its Fun Nuggets on Saturday, saying they could contain metal. AdvertisementAdvertisementTyson Foods has recalled almost 30,000 pounds of its frozen dinosaur-shaped chicken nuggets amid fears that they could contain metal pieces, the US Department of Agriculture's Food Safety and Inspection Service (FSIS) announced Saturday. The FSIS said that Tyson had recalled around 29,819 pounds of the dinosaur-shaped nuggets, which is around 16,500 packets. In September, the US Department of Labor announced they were investigating Tyson Foods and Perdue Farms, another major poultry producer, over the reports. The Tyson family has become one of the country's richest families, but Tyson Foods announced earlier this year that it was shutting four of its chicken plants as it sought to cut costs amid falling demand.
Persons: Tyson, , Tyson Foods, Tyson Fresh Organizations: Nuggets, Service, US Department of Agriculture's, Inspection, US Department of Labor, Tyson Foods, Perdue Farms Locations: Arkansas, Alabama , California , Illinois , Kentucky, Michigan , Ohio , Tennessee, Virginia, Wisconsin, Texas
AdvertisementAdvertisementAn elementary-school janitor was accused of spreading his saliva, urine, and feces on food due to be served to kids, horrifying his New Jersey community. AdvertisementAdvertisementThe document cited Telegram videos which it said showed Impellizzeri using pieces of bread to wipe his "penis, testicles and anus" before putting them back to be served to kids. AdvertisementAdvertisementIt said another video showed him "spraying bleach into a container of cucumbers" later served children. The prosecutor's office said that investigators found items at the school seeming to match those in the video. The prosecutors' office said health officials had been to the school to sanitize affected areas and throw out any items from the video.
Persons: , Giovanni Impellizzeri, Elizabeth F, Impellizzeri, Shatora Sheikh, Peter Koza Organizations: Service, Moore, New, Office, Prosecutors, CBS News, Investigators Locations: New Jersey, Jersey, Upper Deerfield Township, Cumberland County, Cumberland
Jason Eddy, who's an actor, moved from London to New York with his husband in late 2019. Eddy shares his experience of moving back to New York and what the city has taught him. AdvertisementAdvertisementThis as-told-to essay is based on a conversation with Jason Eddy about his experiences of relocating from London to New York. Jason Eddy Jason EddyBut then 9/11 happened. Jason Eddy says living in New York has taught him to say "why not?"
Persons: Jason Eddy, who's, Eddy, , I'm, He'd, Jason Eddy Jason Eddy, I've, Jason Eddy I've, you've, we'd, York's, George Floyd's Organizations: Service, Google, New Yorker, Trump Locations: London, New York, Bermuda, Canada, York, New, Britain
An AI bot proved it was capable of insider trading and lying about its actions, researchers found. The AI model deceived users "without being instructed to do so," Apollo Research said. AdvertisementAdvertisementAn AI bot on OpenAI's GPT-4 large language model showed it was capable of making illegal financial trades and lying about its actions. But when prompted that the company was counting on Alpha to avoid the effects of a financial downturn, the bot concluded that "the risk associated with not acting seems to outweigh the insider trading risk." Brijesh Goel, a former investment banker at Goldman Sachs, was sentenced on Wednesday to 36 months in prison and fined $75,000 for insider trading.
Persons: , Apollo, Marius Hobbhahn, Hobbhahn, Brijesh Goel, Goldman Sachs Organizations: Safety, Research, Service, Apollo Research, Alpha, BBC
United Airlines introduced a new system for boarding passengers on October 26. AdvertisementAdvertisementAn astrophysicist said United Airlines' new airplane boarding system could be even faster. If that were seat 30A, for example, the next person to take their seat would be the window seat two rows in front — 28A. This would carry on until the even window seats on one side of the aircraft were filled, per The Journal. The even window seats on the opposite side of the plane would come next, followed by window seats on odd rows.
Persons: Jason Steffen, , WILMA, Steffen, there's Organizations: Airlines, University of Nevada, Service, United Airlines, United, Wall Street, Southwest Airlines, Hartsfield, Jackson Atlanta International Airport Locations: Las Vegas
Apollo CEO Marc Rowan halted his donations to UPenn over its response to Hamas' attacks on Israel. A Penn trustee accused Rowan of using aggressive Wall Street tactics to pressure the college. AdvertisementAdvertisementThe billionaire Marc Rowan was accused by a University of Pennsylvania trustee of using aggressive Wall Street tactics to put pressure on the college over its handling of campus antisemitism. Rowan has contacted "half of Wall Street" to discuss ways major donors can utilize their influence to try and bring about leadership changes at top schools, CNBC reported. Andy Rachleff, a trustee at Penn, told The Wall Street Journal that he saw Rowan's outspoken efforts as an attempt "to strong-arm the university using the classic Apollo playbook."
Persons: Marc Rowan, Penn, Rowan, , Elizabeth Magill, Magill, Carolyn, Andy Rachleff, Bill Ackman Organizations: Ivy League, Service, University of Pennsylvania, Street Journal, Penn, CNBC, Wharton School's, Advisors, Wall Street Journal, Harvard, Pershing, Capital Management, Cornell Locations: Israel, UPenn, Penn, Gaza, Hamas
British prime minister Rishi Sunak interviewed Elon Musk on Thursday after an AI Safety Summit. In their 51-minute chat, Musk said AI would be "the most disruptive force in history." AdvertisementAdvertisementElon Musk was interviewed by UK prime minister Rishi Sunak on Thursday night after the Tesla CEO attended an AI safety summit in England this week. The summit at Bletchley Park brought tech bosses, experts, and national representatives together to tackle AI safety issues and discuss international cooperation. AdvertisementAdvertisementHe complimented Sunak for inviting China, calling its involvement in AI safety discussions "essential."
Persons: Rishi Sunak, Elon Musk, Musk, , they're, Sunak, here's, Musk's, there's, workaholic, Sunak's Organizations: Safety, Service, SpaceX, Tesla, Journalists Locations: China, England, Bletchley, Lancaster, United States
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