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☆ American fast-food giants are going big on a China wager, betting they can get the country's new middle class to love them back
▼ + stars: | 2024-09-10 | by ( Matthew Loh | ) www.businessinsider.com time to read: +11 min

An expansion rate surpassing America'sKFC, run by Shanghai-headquartered Yum China, has historically enjoyed the lion's share of the country's fast-food cravings. Hopes for a new middle class in ChinaCities in China are unofficially grouped into tiers according to their status, size, and wealth. Chinese KFC has nearly doubled its menu itemsExpanding during a sluggish economy might make sense for fast food brands, which are often classified as recession-proof as consumers downgrade their spending. Advertisement"Now, they are doubling down further on this strategy by expanding into the inland regions of China, especially Tier Three and Tier Four cities with a growing middle class," they told BI. Yum China has also been expanding aggressively in the country's burgeoning coffee scene, establishing a popular spin-off called KCoffee.

Persons: —, It's, McDonald's, Shaun Rein, Rein, Allison Malmsten, Malmsten, Cui Nan, Wang Gang, Jonathan Bernstein, Bernstein, Kung Fu, Daxue, it's, They've Organizations: Service, Thursday, Business, McDonald's, Tier, China Market Research Group, KFC, LONG, Future Publishing, Getty Images, China, US, Yum China, Daxue Consulting, Publishing, China News Service, Getty, Analysts, Yonder Consulting Locations: China, Kentucky, Weibo, Hangzhou, China's, Shanghai, China Cities, Beijing, Guangzhou, Shenzhen, Chengdu, Chongqing, Nanyang, Suqian, Jiangsu, London, Asia, Shanghai thronged

☆ Starting college life? Here are 5 tips to manage mental health
▼ + stars: | 2024-09-10 | by ( Andrea Kane | ) edition.cnn.com time to read: +8 min

(CNN) — College students are carrying a lot of baggage with them as they head off to campus this fall — and not just the usual dorm accoutrements. One of the biggest challenges facing students, Roy said, is the same one confronting society at large. Know that relationships will evolveRelationships with family members and friends will likely change during college, Roy said. “Often, what’s needed is a caring, compassionate support system and time to navigate the ups and downs of college life,” she said. We hope these five tips help set up your family for a successful transition to college life.

Persons: Sanjay Gupta, it’s, Dr, Nance Roy, Roy, ” Roy, “ They’ve, ‘, ’ ”, ”, “ Organizations: CNN, — College, US Centers for Disease Control, JED, Yale School of Medicine’s, “, ” Locations: Gaza

☆ The investigation into OceanGate's doomed submersible is set to go public as the company's insiders gear up to testify
▼ + stars: | 2024-09-10 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +1 min

OceanGate employees are set to testify in a hearing about the doomed Titan submersible. The Coast Guard announced that the hearing will start on September 16. It aims to examine the facts surrounding the incident and discuss how to prevent a similar incident. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementOceanGate employees are set to testify at a hearing about the doomed Titan submersible more than a year after it imploded in the North Atlantic.

Persons: — Organizations: Coast Guard, Service, Titan, North Atlantic, The Coast Guard Marine Board of Investigation, Business Locations: North, North Charleston , South Carolina

☆ Existing newborn screenings may be able to identify risk of sudden infant death syndrome, study finds
▼ + stars: | 2024-09-09 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Aria-Bendix-Byline-Jm.Jpg | Aria Bendix | ) www.nbcnews.com time to read: +6 min

But a new study has found that a particular group of chemicals called metabolites, which are tested for as part of routine newborn screenings, could identify babies with an elevated risk. The researchers compared the results of newborn screening tests for 354 infants who died of SIDS with 1,416 infants who did not. “Maybe we’re looking at some food sensitivities,” she said, but added that much more research is needed into the link between SIDS risk and metabolism. Dr. Joanna Parga-Belinkie, a neonatologist at Children’s Hospital of Philadelphia who also wasn’t involved, similarly questioned whether newborn screenings can provide enough answers. “But every baby that’s born isn’t going to get a deep-dive genetic evaluation — they do get newborn screenings,” she added.

Persons: SIDS, Laura Jelliffe, ”, Pawlowski, “, we’re, ’ ”, Stephanie Napolitano, Joanna Parga, “ It’s, Debra Weese, Mayer, wasn’t, isn’t, it’s, ” Napolitano Organizations: U.S, Disease Control, New York University, University of California, Nationwide Children’s, Children’s Hospital of Philadelphia, Lurie Children’s Hospital of Chicago Locations: SIDS, San Francisco, California

☆ Draghi urges radical European Union reform requiring extra 800 billion euros a year
▼ + stars: | 2024-09-09 | by ( Jenni Reid | ) www.cnbc.com time to read: +4 min

Massimo Di Vita | Mondadori Portfolio | Getty ImagesThe European Union needs up to 800 billion euros ($884 billion) in additional investment per year to meet its key competitiveness and climate targets, according to a report from economist and politician Mario Draghi. The bloc's goals of bolstering its geopolitical relevance, social equality and decarbonization are being threatened by weak economic growth and productivity compared with the U.S. and China, the report states. The EU is meanwhile suffering an "innovation deficit" which must be tackled through reforms to research and development funding and policy, the report states. To fast-track policymaking, the report proposes limiting the voting items that require support from an absolute majority of member states. Funding questionPublic and private investments are being hindered by the size of the EU budget, its lack of focus and its risk aversion, the Draghi report says.

Persons: Mario Draghi, Massimo Di Vita, Draghi —, —, NextGenerationEU Organizations: Italian, European Union, U.S, European Central Bank, European, European Securities and Markets Authority, U.S . Securities, Exchange Commission, SEC Locations: Rome, Italy, China, EU, Europe, Germany

☆ Women will soon be notified about their breast density after a mammogram. Here’s what that means
▼ + stars: | 2024-09-09 | by ( Jacqueline Howard | ) edition.cnn.com time to read: +11 min

“The second reason that breast density is important is because having dense breast tissue raises a woman’s level of risk of developing breast cancer,” Feigin said. Breast cancer survivor JoAnn Pushkin, 64, has advocated for more than a decade that there be a national requirement for women to be notified of their breast density. Now I have lymphedema, and all because it was detected at that later stage,” said Pushkin, who has testified before the FDA about breast density and co-created the website DenseBreast-info.org, which features resources on breast density. The new FDA changes require facilities to provide patients with information about their breast density and include specific language in the mammogram result letter to explain how breast density can influence the accuracy of a mammogram. A study published in 2022 found that the breast cancer death rate dropped by 43% within three decades, from 1989 to 2020, translating to 460,000 fewer breast cancer deaths during that time.

Persons: Kimberly Feigin, ” Feigin, JoAnn Pushkin, Pushkin, she’d, “, ” Pushkin, ‘, Pushkin’s mammogram, ”, wasn’t, Wendie Berg, Berg, ” Berg, it’s, Molly Guthrie, Susan G, Komen, ” Guthrie, we’ve, Dr, Sanjay Gupta Organizations: CNN, US Food, Breast Imaging Service, Assurance, Memorial Sloan Kettering Cancer Center, District of Columbia, FDA, University of Pittsburgh School of Medicine, Magee, Womens Hospital of UPMC, American Cancer Society, CNN Health Locations: United States

☆ James Earl Jones, iconic voice of Darth Vader in ‘Star Wars’ and Mufasa in ‘The Lion King,’ dead at 93
▼ + stars: | 2024-09-09 | by ( Brandon Griggs | Alli Rosenbloom | ) edition.cnn.com time to read: +14 min

“I lucked out.”Back then nobody imagined “Star Wars” would become a blockbuster, let alone an enduring franchise and cultural phenomenon. James Earl Jones and Darth Vader during "Star Wars: Episode II - Attack of the Clones" premiere event. Jesse Dittmar for The Washington Post/Getty Images Jones, seen here in 1960, was born in Arkabutla, Mississippi, in 1931. Steve Ringman/San Francisco Chronicle/Getty Images Jones appears with Alec Baldwin in a scene from "The Hunt for Red October" (1990). The LIFE Picture Collection/Getty Images Jones appears next to Darth Vader, who he famously voiced in the "Star Wars" movies.

Persons: James Earl Jones, Jones, Darth Vader, King ”, ”, Bob Iger, “, ” Jones, George Lucas, David Prowse, “ George, Lucas, Vader, Jim Spellman, WireImage, ‘, you’ve, Luke Skywalker, Mark Hamill, ” Hamill, He’ll, ’, ’ ”, Robert Earl Jones, James, Langston Hughes, Bettmann, Stanley Kubrick’s “, Strangelove, Jack Johnson, Tony, Sidney Poitier, Alex Haley, TV’s, Thulsa, Conan, ” Kevin Costner’s, Admiral Greer, Costner, Jones ’, King Jaffe Joffer, Wan Kenobi, Mufasa, “ L.A, Law ”, King James, Rachael Ray, ” James Earl Jones, Jesse Dittmar, William Shakespeare's, Stanley Kubrick's, Julienne Marie, Alan Aaronson, Harry Benson, Richard Nixon, Julie Harris, Angela Lansbury, Jerry Orbach, Muhammad Ali, King Lear, Jack Mitchell, Paul Robeson, Robeson, Hulton, Marlon Brando, Ronald Reagan's, AP Jones, Thulsa Doom, Everett, Steve Ringman, Alec Baldwin, Nick Ut, George H.W, George H.W . Bush, Bush, Doug Mills, Cecilia Hart, Flynn, Paul Simon, Chita Rivera, Laura Bush, George W, Alex Wong, Grace, Chris Haston, Rosa Parks, Faith Ringgold, Richard Drew, Kevin Wolf, Matt Rourke, Debbie Allen, Evan Agostini, Forest Whitaker, Kevin Winter, Vanessa Redgrave, Daisy, Sara Krulwich, Astrid Stawiarz, Marian Anderson, Matt Slocum, Grant Lamos IV, Steven Senne, John Atashian, Jones “, …, Arthur Miller Organizations: CNN, “, Walt Disney Company, American Film Institute, ‘, University of Michigan, Army, Disney, The Washington Post, US Army, Newspapers, Broadway, CBS, Getty, New York Daily, Daily, ABC, Walt Disney Television, Everett, Hulton Deutsch, AP, San Francisco Chronicle, Mondadori, Arts, Kennedy, NBC, Elementary, NBA, National Constitution Center, Screen, New York Times, Harvard University, Globe, Academy of Locations: “, Michigan, Mississippi, New York, Hollywood, America, “ The, African, Iowa, Arkabutla , Mississippi, New, Vietnam, Washington , DC, George H.W ., Montgomery, Independence, Philadelphia

☆ Study shows how the pandemic may have affected teens’ brains
▼ + stars: | 2024-09-09 | by ( Kristen Rogers | ) edition.cnn.com time to read: +7 min

“Teens need our support now more than ever.”Significant socioemotional development occurs during adolescence, along with substantial changes to brain structure and function. The researchers originally intended to track ordinary adolescent brain development over time, starting with MRIs the authors conducted on participants’ brains in 2018. The study revealed accelerated cortical thinning in the post-pandemic brains of teens — occurring in 30 brain regions across both hemispheres and all lobes for girls, and in only two regions for boys. The prevalence of the thinning amounted to 43% and 6% of the studied brain regions for girls and boys, respectively. The regions affected in boys’ brains are involved in processing objects in the visual field as well as faces.

Persons: ”, Patricia K, Kuhl, Max Wiznitzer, Wiznitzer wasn’t, Wiznitzer, It’s, Ian Gotlib, wasn’t, ” Kuhl, Gotlib Organizations: CNN, National Academy of Sciences, Institute for Learning, Sciences, University of Washington, Case Western Reserve University School of Medicine, Stanford, Stanford University Locations: Seattle, Washington

☆ Syphilis is at its highest levels since the 1950s. Here's how experts are trying to fix that.
▼ + stars: | 2024-09-08 | by ( Simar Bajaj | Simar Bajaj Is A Marshall Scholar | Award-Winning Journalist Covering Stigmatized Diseases | ) www.nbcnews.com time to read: +14 min

Soon after, the mother’s syphilis test — given to all women before delivery — came back positive. In 2022, the Centers for Disease Control and Prevention reported more than 200,000 syphilis cases — the highest counts since 1950. Spreading the word about syphilisSome public health departments have launched eye-popping awareness campaigns, trying to raise the alarm among both the public and health care providers. Make syphilis testing convenientBeyond greater awareness, access to testing and treatment needs to be quick, easy and convenient, Chokshi said. But permanently bending the syphilis curve will require scaling these efforts nationally and promoting greater coordination between health care and public health.

Persons: Irene Stafford, Stafford, —, It’s, could’ve, they’re, ”, Kenneth Mayer, Mayer, Dave Chokshi, Donna Fox, Fox, ” Fox, “ We’re, “, Lucas, they’ve, we’re, ” Stafford, Chokshi, Jessica Leston, Jessica Leston “ We’re, ” Leston, Trojan Carvajal, Jai Winchell, Winchell, Arlene Seña, it’s, ” Seña, don’t, Seña, that’s, ” Chokshi Organizations: University of Texas Health Sciences Center, Centers for Disease Control, CDC, Fenway Institute, Common Health Coalition, Health, Lucas County Health Department, Alaska Natives, Johns Hopkins School of Medicine, STI, Mobile Care Clinic, Shasta, University of North, Hospital, University of Chicago, U.S, Fenway Health Locations: Houston, U.S, Boston, New York, Toledo, Lucas County, Ohio, Texas, Alaska, Cass, Minnesota, California, Shasta County, Oregon, Shasta, University of North Carolina, Grady, Atlanta, America

☆ Burnout Cure for Girlbosses: Female Executives Vs. Hustle Culture
▼ + stars: | 2024-09-08 | by ( Aki Ito | ) www.businessinsider.com time to read: +36 min

But for few has its pursuit been more complicated than for the elite career women Byars strives to help. AdvertisementWhen she finally felt ready to go back to corporate life, she looked for a more sustainable way to pursue professional success. The issue with high-achieving women, Byars says, is they focus on meeting only two of those needs — security (money) and esteem — while neglecting the rest. When the clients cry, it's mostly related to the need Byars says is the trickiest to meet: esteem. But if you're a woman with four kids and a senior-level corporate job, is there really any amount of mindset shifting you can do to avoid burnout?

Persons: Erin, She's, I've, Erin needn't, They've, Kathleen Byars, Byars, Kate, there's, Mary Kay, Scott, —, Ali, she's, that's, Erin interjects, Let's, I'm, They're, they're, she'll, Kiersten, We're, it's, It's, LeAnn Rimes, isn't, Erin's, strum, Aki Ito Organizations: Virgin, Goodlife Institute, CWU, Habitat, Humanity, BI, Business Locations: Nashville, I'm, Dallas, Chile, CWU, Byars

☆ A teacher caught students using ChatGPT on their first assignment to introduce themselves. Her post about it started a debate.
▼ + stars: | 2024-09-08 | by ( Jaures Yip | ) www.businessinsider.com time to read: +8 min

Yet many of the students enrolled in her ethics and technology course decided to introduce themselves with ChatGPT. AdvertisementSecond week of the semester and I've already had students use (and own up to using) ChatGPT to write their first assignment: "briefly introduce yourself and say what you're hoping to get out of this class". AdvertisementThe calculator argument — why ChatGPT is not just another problem-solving toolMany of the commenters who defended using AI likened ChatGPT for writing to using a calculator for math problems. OpenAI even partnered with Arizona State University to offer students and faculty full access to ChatGPT Enterprise for tutoring, coursework, research, and more. A professor in another post that received over 600 upvotes said that ChatGPT was "ruining" their love of teaching.

Persons: —, Megan Fritts, Fritts, I've, they're, clued, ChatGPT, they've, Charles Harvey, Harvey, I'm, They're, Curby Alexander, Anna Cunningham, Joel Nishimura, OpenAI, upvotes Organizations: Service, Business, University of Arkansas, University of Central, EdWeek Research, Texas Christian University, Arizona State University, ChatGPT Enterprise Locations: Little, University of Central Arkansas, Arizona

☆ Iran wants Israelis to worry that Hezbollah has a rare and powerful EMP weapon
▼ + stars: | 2024-09-08 | by ( Michael Peck | ) www.businessinsider.com time to read: +8 min

Nuclear EMP pulses can travel hundreds of miles depending on their altitude of detonation, while NNEMP devices only have ranges of about 5 miles. AP Photo/Mohammed ZaatariIran does have a nuclear program, and probably could build a nuclear EMP weapon if it wanted to. But a non-nuclear EMP weapon might enable Iran to sidestep any red lines. But this raises another question: would Iran give EMP weapons to Hezbollah, its most important proxy? Giving EMP weapons to Hezbollah would risk the possibility that Israel and other nations would hold Iran responsible.

Persons: Islamic Revolutionary Guard Corps —, Mohammed Zaatari, Trump, Israel, Joseph Votel, Votel, Israel —, It's, Michael Peck Organizations: Service, Hezbollah, Lebanese, Quds Force, Islamic Revolutionary Guard Corps, Kuwaiti, Al, Force, National and Homeland Security, AP, Iranian, American, US Central Command, Middle East Institute, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Israel, Lebanon, Iran, The, Tehran, Russia, Europe, Mohammed Zaatari Iran, Iranian, Jerusalem, China, North Korea, Washington, New Jersey, Northern Israel, Beirut, Forbes

In mid-December 2005, back when U.S.-Russia relations remained on relatively friendly terms, a new media channel called Russia Today began broadcasting English-language news. “It’s a very good start,” Russian President Vladimir Putin was quoted as saying of Russia Today at the time. In subsequent years, Russia Today would rebrand to RT, expand into other languages, and even open a studio in Washington, D.C. in 2010. The Tennessee company was not named in the indictment but appears to be Tenet Media, according to a review by NBC News of details included in the indictment. Instead of shuttering, the state media organization found alternate ways to distribute content, including a social media bot farm, the DOJ said in a July news release outlining its efforts to remove the content.

Persons: “, Vladimir Putin, Russia wasn’t, Margarita Simonyan, Elena Mikhaylovna Afanasyeva, Kostiantyn Kalashnikov, Melanie Smith, We’ve, there’s, ” Smith, ”, Eduard Grigoriann, Lauren Southern, Donald Trump, Hillary Clinton, Darren Linvill, ” Linvill, ” Simonyan Organizations: Russia Today, RIA, U.S, Institute for Strategic, NBC News, Kremlin, RT, Government, Tenet Media, NBC, YouTube, Justice Department, WikiLeaks, RT America, DirecTV, DOJ, Clemson University’s, Espanol Locations: Russia, RIA Novosti, Washington ,, U.S, Europe, Tennessee, London, Ukraine, America

☆ 3 ways Wall Street's largest banks are leveraging AI to increase profitability
▼ + stars: | 2024-09-07 | by ( Morgan Chittum | ) www.cnbc.com time to read: +8 min

Over the past year, Wall Street's largest names — including Goldman Sachs , Bank of America , Morgan Stanley , Wells Fargo to JPMorgan Chase — ramped up their generative artificial intelligence efforts with the aim of boosting profits. MS YTD mountain Morgan Stanley YTD AI use cases for key businesses Morgan Stanley was among the first on Wall Street to publicly embrace the technology, unveiling two AI assistants for financial advisors powered by OpenAI. Launched in September 2023, the AI @ Morgan Stanley Assistant gives advisors and their staff quick answers to questions regarding the market, investment recommendations, and various internal processes. If it does, that would be welcome news for shareholders after Morgan Stanley's wealth segment missed analysts' revenue expectations in the second quarter . However, As long as these costs don't outweigh return on investment (ROI), we're happy with Wells Fargo and Morgan Stanley's moves to innovate.

Persons: Goldman Sachs, Morgan Stanley, Wells, JPMorgan Chase — ramped, Jamie Dimon, Alexandra Mousavizadeh, OpenAI's ChatGPT, Jeff McMillan, Morgan, McMillan, It's, Morgan Stanley's, Evident's Mousavizadeh, Banks, Mousavizadeh, Tracy Kerrins, Morgan Stanley's McMillan, He's, Morgan Stanley's OpenAI, Teresa Heitsenrether, Jim Cramer's, Jim Cramer, Jim Organizations: Bank of America, JPMorgan, Citi, Microsoft, Nvidia, OpenAI, CNBC, Google, Deutsche Bank, BNP, Mistral, TD Bank Group, Big, Wall, New York Stock Exchange, Bloomberg, Getty Locations: Wells Fargo, Silicon, management's, Wells, New York

☆ How some workers are using AI to save time — even though they fear the tech could replace them
▼ + stars: | 2024-09-07 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +9 min

Despite the potential downsides of AI adoption in the workplace, several workers told Business Insider that they're using AI tools to enhance their skill sets, productivity, and job performance. AI fears have led some people to embrace the technologyTricia LaRue said using AI tools like ChatGPT has helped her save time as a marketing professional. Meanwhile, others are "very resistant" to using AI, view it as "concerning and scary" and want to avoid using it for as long as possible. In addition to concerns about AI job replacement, Granger said the overall uncertainty of the AI future can stress out some workers. Mastering AI might not be the only way to protect oneselfSainag Nethala said using AI tools typically save him about 10 to 15 hours a week on work tasks.

Persons: —, Gabrielle Gerbus, Jasper, ChatGPT, Gerbus, she's, Goldman Sachs, they're, Ben Granger, Tricia LaRue, Tricia LaRue Granger, Granger, It's, LaRue, Anchlia, Ankit, James Delage, Claude, Sainag Nethala, Sainag, Grammarly, Nethala, he's, I'm Organizations: Service, Business Locations: California, Missouri, Minnesota, Texas, Illinois

☆ Google's second antitrust trial could help shape the future of online ads
▼ + stars: | 2024-09-06 | by ( Jennifer Elias | Jennifer Covers Google Parent Company Alphabet Inc. | Silicon Valley Culture For Cnbc.Com In San Francisco. | ) www.nbcnews.com time to read: +8 min

For Google, the focus turns to its ad tools, which are part of the company’s $200 billion digital ad business. In the first antitrust case, the court found that Google violated Section 2 of the Sherman Act, which outlaws monopolies. The company’s M&A strategy “set the stage for Google’s later exclusionary conduct across the ad tech industry,” the Justice Department alleges. Google has long fought back against claims that it dominates online ads, pointing to the market share of competitors including Meta. It will argue that buyers and sellers have many options especially as the online ad market has evolved.

Persons: Biden, Donald Trump, Meta, Sherman, Goldman, Bernstein, Amit Mehta, ” Mehta, Google’s, Neal Mohan, Mohan, it’s, AdMeld, Jerry Dischler, It’s, Sissie Hsiao, Scott Sheffer, Prabhakar Raghavan, Simon Whitcombe Organizations: Department of Justice, Google, Microsoft, Big Tech, DOJ, Apple, Federal Trade Commission, Facebook, Amazon, Citibank, NYSE, New York Stock Exchange, YouTube, Google Network, U.S, District of Columbia, Department, DoubleClick, Meta, Stanford, Harvard, New York Times Locations: Alexandria , Virginia, California , Colorado , Connecticut , New Jersey , New York, Rhode Island and Tennessee, Google’s

That continues a trend from 2023, when generative AI companies raised $25.9 billion for the full year, up more than 200% from 2022. The average round for AI companies is 140% bigger this year compared with last, the data shows, while for non-AI companies the increase is only 10%. Most venture investors are bullish on the potential for generative AI to eventually create big returns at the application layer. John-David Lovelock, an analyst at Gartner and a 35-year veteran of the IT industry, sees a big opportunity for generative AI in the enterprise. Yet, in 2024, only 1% of the trillion dollars spent on software will be from businesses spending on generative AI products, he said.

Persons: Adam Selipsky, Anthropic, Dario Amodei, Noah Berger, aren't, They're, Melissa Incera, Chip Hazard, PitchBook, that's, Cerebras, hasn't, Jeremiah Owyang, Owyang, That's, —, Cohere, Tobias Lutke, Inovia, JPMorgan Chase, Elon Musk's, what's, NASA's, Joe Raedle, Michael Harris, David Lovelock, Lovelock Organizations: Amazon Web, Getty, Microsoft, Nvidia, Tech, P Global Market Intelligence, CNBC, U.S, Forge, Flybridge Capital Partners, Federal Reserve, Meta, Nasdaq, Benchmark, Foundation Capital, SEC, Blitzscaling Ventures, Menlo Ventures, Inovia, Menlo, SPV, AMD, Oracle, Representatives, JPMorgan, Morgan Private Ventures, Elon Musk's SpaceX, SpaceX, Polaris, NASA's Kennedy Space Center, New York Stock Exchange, NYSE, Astera Labs, Tempus, Google, Facebook, Gartner Locations: Vegas, Las Vegas, PitchBook, Anthropic, Montreal, xAI, Cape Canaveral , Florida

☆ Director of Disney's Lion King says AI is a 'Wild West,' echoes how animation changed film
▼ + stars: | 2024-09-06 | by ( Ryan Browne | ) www.cnbc.com time to read: +6 min

Kevin Winter | Getty ImagesArtificial intelligence is a "Wild West" with "very few rules" — but it has the potential to democratize the film industry in the long term, according to the director of "The Lion King." Minkoff was speaking with CNBC ahead of the Reply AI Film Festival. 'Hyperbole' versus 'legitimate concerns'The arrival of new technology has for decades been a fear among people working in the film industry, Minkoff noted. Alexander de Lukowicz, co-director of "Gia Pham," told CNBC that humans are essential to how he and his team work to generate short films. We wanted to produce something like a film to really check the boundaries of what's possible," de Lukowicz told CNBC.

Persons: Lion, Roger Allers, Rob Minkoff, Kevin Winter, it'll, Minkoff, Stuart Little, Simba, Filippo Rizzante, Rizzante, Gia Pham, Alexander de Lukowicz, It's, de Lukowicz Organizations: CNBC, American Society for Composers, Publishers, Broadcast, Inc Locations: Venice

☆ OpenAI gives artists access to unreleased tools like Sora for New York gallery exhibit
▼ + stars: | 2024-09-06 | by ( Hayden Field | ) www.cnbc.com time to read: +6 min

OpenAI announced Friday a New York City art gallery collaboration that gives artists access to unreleased artificial intelligence tools. Some of Hill's artists echoed the sentiment about not being left behind, regarding access to AI tools or representation within them. For the Strada exhibit, that same work is suspended in the gallery, and Hackett used Sora to animate the still canvas scenes. "And as a black artist, it's not a given that our forms of media will show up in these models. She told CNBC she was already adept at Photoshop and other retouching software, and that's how she thinks of AI tools like Sora.

Persons: OpenAI, Strada, Paul Hill, Hill, Minne, ChatGPT, Sora, Regina Gloriana, Jonathan Franzen, John Grisham, George R.R, Martin, Jodi Picoult, Strada's Hill, I've, Curry Hackett, Hackett, it's, Sophia Wilson, Wilson, " Wilson, — Organizations: New, CNBC, Stability Locations: New York City, Nuova, Nigeria, California, Kyoto, Japan, Brooklyn, New York

☆ U.S. rolls out new chip-related export controls as China makes industry advances
▼ + stars: | 2024-09-06 | by ( Dylan Butts | ) www.cnbc.com time to read: +2 min

The Biden administration is rolling out new export controls on critical technologies, including quantum computing and semiconductor goods, as China makes advances in the global chips industry. The department cited "national security and foreign policy reasons" for the move, and said it was the product of extensive discussions with international partners. These restrictions cover worldwide exports, but adds exemptions for countries that add similar controls, such as Japan and the Netherlands have done in the past. "Aligning our controls on quantum and other advanced technologies makes it significantly more difficult for our adversaries to develop and deploy these technologies in ways that threaten our collective security," he added. BIS also said it is also continuing to strengthen relationships with its allies to boost the effectiveness of export controls aimed at degrading Russia's military capabilities, as well as its "enablers" such as Belarus and Iran.

Persons: Biden, Alan Estevez Organizations: U.S . Department of Commerce, department's, of Industry and Security, BIS Locations: China, U.S, Japan, Netherlands, Belarus, Iran

☆ The Hard-Partying Lawyers Who Get Negligent Companies to Pay Billions
▼ + stars: | 2024-09-05 | by ( Jack Newsham | ) www.businessinsider.com time to read: +23 min

In 2023, mass-tort lawyers spent $152 million on TV ads and millions more on social media. The data provider X Ante estimated that in 2023, mass-tort lawyers spent $152 million on TV ads and millions more on social media. The decades that followed mass torts' onset on the national stage showed the big risks and big rewards of mass torts. AdvertisementIn a class action, a settlement is public, and the judge has to approve the lawyers' fees. But others are confident that indebted mass-tort lawyers can bounce back from a few bad bets.

Persons: Mike Papantonio, Pap, Johnson, Paul Cody, Bayer, Chris Seeger, audibles, Budd, Ness Motley, Motley Rice, South Carolina —, doling, Seeger, Wyeth, Phil Federico, Paul Hanly who'd, Federico, Lejeune, who've, Camp Lejeune, mack, Curt Miner, I've, Don Worley, Worley, —, Daniel A, Mark Lanier, wouldn't, Elizabeth Chamblee Burch, Burch, Ellen Relkin, Merck, Vioxx, There's, Lucian Pera, Keller Postman, Jeremy Troxel, Keller, Troxel, Michael McDonald, Warren Postman, Postman, Kelsey Vlamis, Jack Newsham Organizations: Wynn, Vegas, Camp Lejeune, pharma, Supreme, X, Pfizer, Defense, Marines, Veterans, Foreign, US Marine Corps, Johnson, University of Georgia, Business, Intuit, Rihanna, Morning Investments, Fortress Investment, Gramercy Funds, Deepwater, Investments Locations: Camp, Texas, South Carolina, Baltimore, North Carolina, Camp Lejeune, America, Beverly Hills , California, nonbanks

☆ Jessica Fern's 'Polysecure' promised a world beyond monogamy. She didn't say it would be easy.
▼ + stars: | 2024-09-05 | by ( Anna Silman | ) www.businessinsider.com time to read: +40 min

The psychotherapist's 2020 book, "Polysecure," has become the poly bible for an increasingly queer and fluid generation. As consensual nonmonogamy went mainstream, searches for Fern's "Polysecure" spiked. "I've heard authors joke they get a cup of coffee from their book," Fern said. When Jessica Fern and Dave Cooley opened up their relationship, Cooley was surprised at the "searing anguish" he felt about his wife seeing other men. Fern, Cooley, and Fern's partner bought the property together and settled in, planning to live there long term.

Persons: Jessica Fern, Feeld, Lionel Messi, Fern, John, nonmonogamy, Molly Roden Winter's, Miranda July's, I've, Nielsen BookScan, you've, we're, Hannah, Dave Cooley, Cooley, Esther Perel, Dan Savage, Guralnik —, Ross Geller, it's, butch barista, deblasio, Chirlane McCray, Suki Waterhouse, Allison P, Davis, Clinton, isn't, Gilmore, Diego, — they're, Fern disentangled, polyamory, Julia, Apryl, Jessica, John Bowlby, Mary Ainsworth, Fern's polyamorous, she's, It's, Mike Belleme, Tobias, Lindsay, Molly Roden Winter, compersion, Fern's, —, Abby, she'd, Axios they'd, Christopher Gleason, they'd, Gleason, We've, curt, Escher, Franklin Veaux, Eve Rickert's, Rickert, aren't, I'm, Daniel Lavery, " Lavery, polysecurity hasn't, She's, pats, hasn't, polysecurity, Fern isn't, We're, Myers, Briggs, there's Organizations: New York Times, New York Magazine, SUNY, Kinsey Institute, George Mason University Locations: Costa Rica, North Carolina, Russian, Manhattan, Asheville, patrick, Fort Greene, San Francisco, Cooley, Sheepshead Bay , Brooklyn, British, polyworld, Boulder , Colorado, Vancouver, Brooklyn, COVID, Bahamas, Feeld, Fern

☆ Trump adopts Elon Musk plan for government reform, lays out economic blueprint ahead of debate with Harris
▼ + stars: | 2024-09-05 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +2 min

Former President Donald Trump and GOP Presidential Nominee speaking at the New York Economic Club in New York on Sept. 5, 2024. He added that Musk could be a "good one" to lead the commission "if he has the time." Hughes added that details on how the efficiency commission would be staffed and operated are yet to come. But Musk has repeatedly raised his hand to helm such a commission: "I look forward to serving America if the opportunity arises. The government efficiency commission plan also gives Trump a concrete proposal to attach to his attacks on what he sees as frivolous spending in the Biden-Harris administration.

Persons: Donald Trump, Elon, Harris, Trump, Brian Hughes, Hughes, Musk Organizations: New York Economic, Tesla, Biden, Economic, of New, Trump Locations: New York, of New York, America

☆ This new air-to-air missile appears to be the US Navy's answer to the growing reach of China's weapons
▼ + stars: | 2024-09-04 | by ( Chris Panella | ) www.businessinsider.com time to read: +7 min

The missile helps to close the gap between US capabilities and those of China, which is fielding new beyond-visual-range air-to-air missiles with reach. Related storiesIn the most recent Pentagon report on Chinese military developments, officials noted its work on "beyond-visual-range air-to-air missiles." The PL-15 was China's answer to the US AIM-120D Advanced Medium-Range Air-to-Air Missile (AMRAAM). U.S. Navy photo by Mass Communication Specialist 2nd Class Isaiah B. GoesslThe air-to-air missile range game is expected to continue though. As the Pentagon noted in its report, China is at work on its air-to-air missiles, and the US is likewise working on next-generation systems like the AIM-260.

Persons: —, Carl Vinson, Douglas Barrie, pBur3mhRQs, 0L2bNLgTUi —, Justin Bronk, Joshua Sapien, It's, Bronk, Zheng Shuai, China's, Isaiah Organizations: Service, US Navy, AIM, Business, Navy, Hornets, Nimitz, Hawaii's, People's Liberation Army Air Force, International Institute for Strategic Studies, U.S . Navy, 0L2bNLgTUi — Doha, US AIM, Air Missile, Royal United Services, Hornet, RIM, Getty, Navy's, Observers, American, aircraft, Pentagon Locations: China, Washington

☆ Dollar Tree shares plunge 22% after discounter cuts full-year forecast
▼ + stars: | 2024-09-04 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +4 min

A sign is posted in front of a Dollar Tree and Family Dollar store on March 13, 2024 in Rio Vista, California. Shares of Dollar Tree fell more than 22% on Wednesday after the discounter cut its full-year outlook, citing increasing pressures on middle-income and higher-income customers. Dollar Tree includes two store chains, its namesake, which sells a wide variety of lower-priced items like party supplies, and Family Dollar, which carries more food. At Dollar Tree, same-store sales increased by 1.3% and at Family Dollar, same-store sales fell by 0.1%. Dollar Tree bought Family Dollar for nearly $9 billion in 2015 and since then, it's struggled to strengthen the grocery-focused chain and better compete with Dollar General.

Persons: Jeff Davis, Todd Vasos, Davis, it's, —, Robert Hum Organizations: LSEG, Dollar, Walmart Locations: Rio Vista , California

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