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☆ Kursk incursion: Russia evacuates Belgorod after Ukraine attack; Fire at nuclear plant rages
▼ + stars: | 2024-08-12 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Yuliya-Talmazan-Circle-Byline-Template.Jpg | Yuliya Talmazan | ) www.nbcnews.com time to read: +3 min

Meanwhile, the two sides accused each other of endangering Europe’s largest nuclear plant after a major fire broke out at the site. Refocusing some attention on southern Ukraine, President Volodymyr Zelenskyy shared a video Sunday appearing to show smoke billowing from one of the towers at the Zaporizhzhia Nuclear Power Plant. Handout footage released by Ukraine on Sunday shows a fire at the Russian-controlled Zaporizhzhia Nuclear Power Plant in southern Ukraine. Ukrainian Presidential Press Service / AFP - Getty ImagesWhile smoke billowed from the site of the nuclear plant in southern Ukraine, it was also rising from the new battlefield in southern Russia. And the Russian defense ministry acknowledged Sunday it was still fighting Ukrainian troops with forces stationed in Kursk and newly-arrived reserves.

Persons: Volodymyr Zelenskyy, Evgeny Balitsky, Zelenskyy, Obshchy, Valery Gerasimov Organizations: Kremlin, International Atomic Energy Agency, United Nations, Sunday, Presidential Press Service, Getty, NBC Locations: Russia, Kursk, Belgorod, Ukraine, Moscow, Enerhodar, Ukrainian, Russian, Tolpino

☆ Moscow and Kyiv trade barbs over nuclear plant fire as tempers flare over Ukraine's ongoing incursion
▼ + stars: | 2024-08-12 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +7 min

A fire broke out Sunday in Europe's largest nuclear power plant, located in southern Ukraine, with Ukraine and Russia trading blame over the incident. "As long as Russian terrorists retain control of the nuclear power plant, the situation is not and cannot be normal. A view of the Russian-controlled Zaporizhzhia nuclear power plant in southern Ukraine on June 15, 2023. He said he had met with Russia's President Vladimir Putin who had "clearly indicated increasing vigilance and attention to strategic infrastructure facilities, which include the nuclear power plant." International Atomic Energy Agency (IAEA) inspectors are seen at the Russian-controlled Zaporizhzhia nuclear power plant in southern Ukraine on June 15, 2023.

Persons: Volodymyr Zelenskyy, Zaporizhzhia, Zelenskyy, Olga Maltseva, Yevgeny Balitsky, Balitsky, Vladimir Putin, Alexei Smirnov, Roman Pilipey, Putin Organizations: Anadolu, Getty, Zaporizhzhya NPP, Afp, NATO, CNBC, International Atomic Energy Agency, IAEA, AFP, Russian Ministry of Defense, Russian, Ukrainian Armed Forces, Institute for, Kremlin, AP Locations: Zaporizhzhia, Ukraine, Russia, Anadolu, Moscow, Kyiv, Russian, Enerhodar, Europe, Zaporizhia, Kursk, Kursk Oblast, Soviet, Sumy, Ukrainian, Sudzha

☆ White House launches broad new regulatory effort, as Harris prepares to unveil economic plan
▼ + stars: | 2024-08-12 | by ( Josephine Rozzelle | ) www.cnbc.com time to read: +3 min

U.S. President Joe Biden attends a press conference during NATO's 75th anniversary summit, in Washington, U.S., July 11, 2024. "I think we can all relate to this," White House domestic policy advisor Neera Tanden told reporters Friday. Democratic presidential nominee and Vice President Kamala Harris is preparing to unveil her presidential campaign's first economic policy plans this week. "The CFPB will identify when the use of automated chatbots or automated artificial intelligence voice recordings is unlawful, including in situations in which customers believe they are speaking with a human being," according to a White House fact sheet. The initiative also calls on health insurance companies to allow policyholders to submit claims online.

Persons: Joe Biden, Leah Millis, Neera Tanden, Biden, Kamala Harris, Broad, Harris, Craig Hudson, Tanden, policyholders, Xavier Becerra, Julie Su Organizations: NATO's, Biden, House, Democratic, U.S, Las Vegas Aces, White, Reuters, Consumer Financial Protection Bureau, Federal Communications Commission, Federal Trade, FTC, of Health, Human Services, of Labor Locations: Washington , U.S

☆ America's subscription trap nightmare could be coming to an end
▼ + stars: | 2024-08-12 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +1 min

They include a proposal to make it easier to cancel subscriptions and memberships. They would also address bad customer service with a rule to make it easier to speak with a human. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . These rules would ensure people are not stuck paying subscriptions they don't want, losing money and time in the process.

Persons: —, Joe Biden's Organizations: White, Service, Federal Trade Commission, Department of Transportation, Consumer Financial Protection Bureau, Business

☆ Top general says Ukrainian forces have captured almost as much Russian territory in the last week as Russia has land in Ukraine this year
▼ + stars: | 2024-08-12 | by ( Jake Epstein | ) www.businessinsider.com time to read: +5 min

Read previewIn under a week, Ukrainian forces have captured around 1,000 square kilometers in their surprise offensive into Russia, Kyiv's top commander said on Monday. The amount of Russian territory that Ukraine has seized in a matter of days — roughly 386 square miles — is almost as much as Moscow has captured in Ukraine this year. Advertisement"As of now, we control about 1,000 square kilometers of the territory of the Russian Federation. According to Mitch Belcher, a geospatial analyst at the Institute for the Study of War, which tracks battlefield movements and developments, Russian forces occupied around 108,163 square kilometers of Ukrainian territory on December 31. "We assess that Russian forces have occupied an additional 1,175 square kilometers of Ukrainian territory thus far in 2024," he told BI on Monday.

Persons: —, Oleksandr Syrskyi, Zelenskyy, Syrskyi, Mitch Belcher, Vladimir Putin, John Kirby, Biden, Ryan Pickrell Organizations: Service, Business, Russian Federation, Ukrainian, REUTERS, Institute for, Sputnik, Kremlin, White, National Security Council Locations: Russia, Kyiv's, Ukraine, Moscow, Russia's Kursk, Kyiv, Russian, Ukraine's Sumy, Kursk, Kremlin, Kursk Oblast

☆ Here is what Ukraine probably wants from its wild assault on Russian territory
▼ + stars: | 2024-08-12 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +8 min

Read previewUkraine has surprised the world with its attack on Kursk, a rare ground invasion of Russian soil. As of Monday, the Kremlin announced that Ukrainian troops had advanced almost 19 miles into the western Russian region. In a public meeting that afternoon, Russian President Vladimir Putin instructed his military to purge Ukrainian troops from Kursk. Matthew Savill, director of military sciences at the London-based Royal United Services Institute, assessed on Monday that some Russian troops had been moved from within Ukraine, but the scale is unclear. He said this would likely only be incidental to Ukraine's main strategic goal in the Kursk attack.

Persons: —, Patrick Bury, Vladimir Putin, We're, Matthew Ford, Ford, Matthew Savill, Savill, Russia's, West, Ukraine —, Bury, we've, they've, Putin, Vladimir, Peter Dickinson Organizations: Service, UK's University of Bath, Kremlin, Business, Agence France, Presse, BI, UK's University of Sussex, Royal United Services Institute, West Ford, Ukraine, Pentagon, Trump, Atlantic, Moscow Times Locations: Ukraine, Kursk, Russian, Russia, Kyiv, London, Kharkiv

☆ Nvidia wants to help California train its residents on advanced AI
▼ + stars: | 2024-08-11 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +1 min

Nvidia is partnering with California to train residents on AI technology. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementChipmaker Nvidia is teaming up with the State of California to help educate students and educators on AI. The partnership — cosigned by California Gov. Gavin Newsom and Nvidia CEO Jensen Huang — will train residents on how to use the technology to support job creation, promote innovation, and leverage AI to solve everyday problems, according to a press release from California Gov.

Persons: Gavin Newsom, —, Jensen Huang — Organizations: Nvidia, Gov, Service, State, California Gov, Business Locations: California

☆ Can Free Rent Revive Downtown San Francisco?
▼ + stars: | 2024-08-11 | by ( Joe Gose | ) www.nytimes.com time to read: +1 min

There’s a buzz of energy in downtown San Francisco from a source that has been missing for years: occupied storefronts. One of those shops is Paper Son Coffee, a roaster with flavors popular among Latin and Asian American communities that has been operating in the South of Market neighborhood since June. “People who work or live in the neighborhood stop in and are like, ‘Wow, there is something here!’” said Alexander Pong, an owner of Paper Son. “They’re excited.”Paper Son is part of an initiative to help San Francisco return to the days before it became a devastating example of what could go wrong with U.S. cities during the pandemic. Downtown San Francisco has the highest concentration of vacant storefronts in the city.

Persons: ”, Alexander Pong, “, Francisco Organizations: “, London, Financial District, Downtown Locations: San Francisco, Market, Downtown San Francisco

☆ 'It’s mayhem and craziness': Californians react to Gavin Newsom’s order to remove homeless encampments
▼ + stars: | 2024-08-10 | by ( Elleiana Green | Elleiana Green Is A Digital Politics Intern With Nbc News | ) www.nbcnews.com time to read: +8 min

Gavin Newsom’s recent executive order requiring state agencies to remove homeless encampments on public property, leaving the homeless community caught in the middle and uncertain where they will go. Now it’s time for locals to do their job.”But members of the homeless community say they have nowhere to go. “It’s absolute mayhem and craziness,” said Jeni Shurley, a member of the homeless community in Los Angeles. San Francisco has about 8,000 homeless people — the second most in the state behind Los Angeles, with about 75,000. Barger added that the city was working to maintain the trust of the homeless community while working to dismantle the camps.

Persons: Gavin Newsom’s, Newsom, “, ” Newsom, We’ve, ”, Jeni Shurley, Shurley, that’s, “ I’ve, ” Laura Valdez, Tara Gallegos, Newsom’s, Mayor London Breed, Kathryn Barger, Barger, Darrell Steinberg, Steinberg, they’re, ” Steinberg Organizations: Gov, Department of Housing, Urban Development, Democrat, Supreme, D.C, Public, Institute of California, San Francisco’s Mission, NBC News, Mayor London, Los Angeles County, Supervisors, Republican, NBC, Sacramento Locations: California, New, —, Los Angeles, Oregon , Colorado , Louisiana , Missouri, Washington, San Francisco’s, San Francisco, Los, Sacramento

☆ Ex-trucker awaiting trial in North Carolina murder is charged with suspected serial killings in California
▼ + stars: | 2024-08-10 | by ( Tim Stelloh | Tim Stelloh Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +3 min

A former long-haul trucker awaiting trial in the 1992 murder of a North Carolina woman was charged in the suspected serial killings of three more women in California more than four decades ago, authorities said Thursday. The women, all sex workers, were found dead in Port Hueneme, Oxnard and an unincorporated part of Ventura County, respectively, in May, September and December of that year, officials said. Cobb, 29, was found dead on an interstate northwest of Winston-Salem on July 7, 1992, according to the North Carolina State Bureau of Investigation. Court records for Alexander’s case in North Carolina were unavailable Friday night and it isn’t clear if he has entered a plea or who is defending him. Authorities are now working with the Federal Bureau of Investigation through its Highway Serial Killings Initiative to help identify other potential victims linked to Alexander, Nasarenko said.

Persons: Warren Luther Alexander, Kimberly Fritz, Velvet Sanchez, Lorraine Rodriguez, Facebook Alexander, Nona Cobb, Erik Nasarenko, Cobb, Alexander, Nasarenko, Cobb’s Organizations: Facebook, North Carolina State Bureau of Investigation, NBC, Authorities, Federal Bureau of Investigation Locations: North Carolina, California, Ventura County, Port Hueneme, Oxnard, Southern Calif, Winston, Salem, Diamondhead , Mississippi, Los Angeles

☆ Israel's urban warfare tactics in Gaza offer lessons for NATO armies
▼ + stars: | 2024-08-10 | by ( Michael Peck | ) www.businessinsider.com time to read: +7 min

Urban warfare in Gaza has revealed a painful truth for NATO: Many of its armies are ill-prepared for fighting in crowded cities. There is good reason for concern: urban warfare has become a fixture of warfare on a rapidly urbanizing planet, from Fallujah in 2003 to Bakhmut in 2023. Israeli troops and their vehicles have faced challenges operating in sections of Gaza that the Israeli Air Force shattered. The biggest lesson of Gaza is the importance of firepower in urban warfare, according to RUSI. Related storiesFirepower played a decisive role "in determining initiative during the fighting in Gaza," RUSI said.

Persons: RUSI, Jack Watling, Nick Reynolds, Watling, Reynolds, Michael Peck Organizations: Service, NATO, Israel Defense Forces, British Army, Business, Royal United Services Institute, US Army, IDF, Israeli Air Force, Anadolu, Getty, Fighters, Hamas, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Gaza, British, Fallujah, Bakhmut, Israel, Ukraine, Russia, Forbes

☆ A transgender woman was found killed in a West Baltimore alleyway, prompting demands for answers and justice
▼ + stars: | 2024-08-10 | by ( Alaa Elassar | ) edition.cnn.com time to read: +7 min

Police had not publicly speculated on a motive or announced an arrest in connection with the killing as of Thursday. Homicide detectives were investigating her death and no further details regarding her death were available, Baltimore police Detective Niki Fennoy told CNN on Thursday. The impact of anti-trans violence negatively impacts our mental health and our ability to live healthy and happy lives,” Cooper told CNN. “I’m very stressed and distraught about the death of Tai, especially in this time due to her tragic and violent death,” Desire Bandz, a 30-year-old transgender woman also living in Baltimore, told CNN. Maryland has had 18 killings of transgender people since 2013 – the eighth-highest total by state in that time, tied with Illinois, according to HRC.

Persons: Tai’Vion Lathan, Tai, ’, ” Lathan’s, Carolyn Robinson, Owens, Lathan, Tai’Vion, Niki Fennoy, Lathan’s, Mary Robinson, Tori Cooper, ” Cooper, “, it’s, ” Desire Bandz, ” Bandz, ”, “ We’re, Baltimore Mayor Brandon Scott, CNN’s Nia Mclean Organizations: CNN, Police, Human, Homicide, Baltimore, Baltimore police, Metro, Baltimore Safe, “, Baltimore Mayor, WMAR, Illinois, HRC Locations: Baltimore’s West Baltimore, United States, West, Baltimore, America, WMAR . Maryland

☆ In New Zealand, Māori are using Indigenous knowledge to combat climate change
▼ + stars: | 2024-08-10 | by ( Alaa Elassar | ) edition.cnn.com time to read: +18 min

It’s that “interconnectedness” that makes Māori ideal stewards of Aotearoa New Zealand, Parkin-Rae says. Whenua (Land)The work at Oaro River is part of a reforestation and predator control project led by Te Rūnanga o Kaikōura, a Māori tribal council in Kaikōura. Thomas Kahu, left, and Wiremu Stone are both descendants of Paikea the whale rider and work for Whale Watch Kaikōura. A Whale Watch Kaikōura boat full of tourists viewing sperm whales off the coast of South Island, New Zealand. Alaa Elassar/CNN“Incorporating te ao Māori (the Māori world) into our work is valuable to all of Aotearoa.

Persons: , New Zealand CNN — Justin Parkin, Rae, Te Waipounamu, Tamati, ” Wikiriwhi, Parkin, Justin Parkin, Alaa Elassar, Ngāti, Ngāi Tahu, “, ”, –, Te, Rawiri, kawau, toto, ā roto, it’s, ” Parkin, Thomas Kahu, Kahu, Tim Clayton, Corbis, ” Kahu, Māori, Wiremu Stone, Takoko, ” Takoko, ” Rangi, Daniel Gaussen, Aoraki Mackenzie, Sanka, ” Gaussen, CNN Mikey Ratahi, ” Ratahi, Gaussen, ” Kaitiaki, Kaikōura, Elassar, tangata whenua, don’t, it’ll Organizations: , New Zealand CNN, New Zealand, CNN, CNN Aotearoa New Zealand’s Ministry, Environment, Aotearoa New Zealand, Rawiri Manawatu, Manawatu, Aotearoa New, Whale Watch, Aotearoa New Zealand’s Department of Conservation, CNN Whale Watch, Conservation International Aotearoa, Pacific Whale Fund, Ocean Initiative, Aoraki, Sky Reserve, Southern, Sky Resource, University of Canterbury, Ministry Locations: , New Zealand, New, Māori, Aotearoa, Alaa, CNN Aotearoa, Ngāi, Aotearoa New, Oaro, Te Rūnanga, Kaikōura, Rūnanga, ” Moana, Aotearoa New Zealand, South Island , New Zealand, wonderment, Mackenzie, Lake Takapō, Mana, Wai, Zealanders, “

☆ A new experimental US Air Force bomb can sink warships, but the question is if it's the right weapon for a war with China
▼ + stars: | 2024-08-10 | by ( Jake Epstein | ) www.businessinsider.com time to read: +7 min

Read previewA US Air Force B-2 Spirit stealth bomber recently used a new anti-ship weapon to sink a decommissioned warship in the Pacific and a cargo ship off the coast of Florida. A US Air Force B-2 Spirt receives fuel from a KC-135 Stratotanker in the sky over northwest Missouri in August 2018. According to the Air Force Research Laboratory, the goal is to replicate the combat potential of a submarine with an aircraft that can cover a much larger area. QUICKSINK is not the only initiative indicative of the Air Force's desire to increase its maritime strike capabilities. The Air Force remains interested in developing more affordable munitions for maritime strikes.

Persons: —, Vincent De Groot, Bryan Clark, Lindsey Heflin, Mark Gunzinger, QUICKSINK, Clark, Gunzinger Organizations: Service, Air Force, American, Business, US Air Force, KC, US Air National Guard, Air Force Research Laboratory, US Navy, Hudson Institute, US, People's, Army, China News Service, Getty, Mitchell Institute for Aerospace Studies, Ship, Navy Locations: Pacific, Florida, China, Missouri, Hawaii, Gulf of Mexico, Washington, Beijing, Western Pacific

☆ Most high schools in a London borough are banning smartphones. A principal explains how the plan took shape.
▼ + stars: | 2024-08-10 | by ( Nora Redmond | ) www.businessinsider.com time to read: +5 min

Read previewA group of schools in London have joined together to announce a smartphone ban. The ban will affect over 13,000 students at more than a dozen of the 20 government-funded middle and high schools in the borough of Southwark. Power in numbersFor Baxter, the most effective way to get rid of smartphones is by acting with other schools. For smartphones, parents have to come to collect it after school, which Baxter said they would be made aware of. And that's what schools are doing, that's what parents are doing," he said.

Persons: —, Headteachers, Mike Baxter, Matt Jones, Baxter, doesn't, Daisy Greenwell, Clare Fernyhough Organizations: Service, Business, of London Academy ,, Ark Globe Academy Locations: London, Southwark, of London Academy , Southwark, Baxter's

☆ Trump Media reports $16 million loss for quarter as revenue falls
▼ + stars: | 2024-08-09 | by ( Dan Mangan | Dan Mangan Is A Reporter Covering Politics For Cnbc.Com. | ) www.nbcnews.com time to read: +3 min

Trump Media, the social media company whose majority shareholder is former President Donald Trump, on Friday reported a net loss of more than $16 million for the most recent financial quarter, mostly due to legal expenses, as well as consulting and licensing expenses. Trump Media stock closed at $26.21 per share Friday afternoon, a decrease of .49%. In its 10-Q filing Friday afternoon, Trump Media reported a loss of $16.37 million for the quarter ending June 30, compared to a $22.8 million loss for the same quarter in 2023. Revenue for the most recent quarter was just $839,000, compared to $1.2 million for the same quarter last year. Trump Media said it ended the quarter with $344 million in cash and cash equivalents, with no debt.

Persons: Donald Trump, ”, “, Sen, JD Vance, Kamala Harris, Tim Walz Organizations: Trump Media, Trump, ” Trump Media, Revenue, Business, Company, Republican, Democratic, Minnesota Gov Locations: Ohio, November’s

Leavitt later clarified, "As President Trump said numerous times during the press conference, the questions being asked were difficult to hear. His position on mifepristone remains the same — the Supreme Court unanimously decided on the issue and the matter is settled." Also at Thursday's press conference, Trump was also asked how he planned to vote in Florida’s ballot initiative this fall to expand abortion access. In June, the Supreme Court ruled that the plaintiffs did not have standing to win the case, preserving access nationwide to abortion pills. At the time, RNC spokeswoman Danielle Alvarez said in a statement: "The Supreme Court has unanimously decided 9-0.

Persons: Donald Trump, Trump, Karoline Leavitt, Leavitt, ” Harris, Walz, Julie Chavez Rodriguez, Trump's, Roe, Wade, Danielle Alvarez Organizations: NBC News, Food and Drug Administration, CNN, Trump, NBC, Heritage Foundation, Alliance for Hippocratic Medicine Locations: Lago, Florida, Texas

— President Joe Biden signed the CHIPS and Science Act into law on Aug. 9, 2022, authorizing nearly $53 billion to rebuild the nation’s semiconductor industry. A Purdue University summer program gives undergrads hands-on experience in the chip-development process. The domestic semiconductor manufacturing workforce has dropped from a peak of 714,500 in 2001 to 392,100 as of July, according to government data. In addition, the CHIPS Program Office, run out of the Commerce Department, has announced major commitments for research and development, including workforce skilling, with a $5 billion package unveiled in February. Some of the students in Purdue University’s inaugural STARS program last summer, which began with about 70 trainees.

Persons: Joe Biden, Robert Zhang, doesn’t, ” Zhang, Feichi Huang, Mark Lundstrom, Purdue University Bill Wiseman, ”, Lundstrom, Sujai, Shivakumar, “, that’s, Taylor Roundtree, there’s Organizations: WEST LAFAYETTE, Purdue University, Semiconductors, Intel, Texas, STARS, Purdue, U.S, McKinsey & Co, Semiconductor Industry Association, Micron, Commerce Department, McKinsey, South, SK Hynix, Apple, Nvidia, TSMC, Center for Strategic, International Studies . Universities Locations: Ind, Syracuse , New York, Phoenix, U.S, Taiwan, Korea, Japan, Singapore, West Lafayette , Indiana, South Korean, United States, “

☆ This remote, mystical forest has been protected for centuries. Now it’s under threat
▼ + stars: | 2024-08-09 | by ( Nell Lewis | ) edition.cnn.com time to read: +17 min

He and most of the community believe it is their duty to protect it – and in turn, they believe the forest will protect them. In photos: The plants and animals of Naimina Enkiyio Prev NextShared landIn a shady clearing, a group of Maasai elders sit in a circle on the grass. Peter Achammer/Helicopter Charter EA Ltd.For centuries, local communities have protected the forest, but today they are facing new threats. As the culture modernizes, Maasai elders fear this will be forgotten. “We shall protect the forest so that we retain this fresh air for our communities and also everyone in the world,” he says.

Persons: CNN — Naimina, Ntirua, Obibi, ”, Nell Lewis, CNN Ntirua Koikai, Enkiyio, Mara, Rob O’Meara, Sarah, Kirk's dik, dik, Peter Achammer, Ole Koikai, Ntirua Koikai, Mbuvi Musingo, “, O’Meara, “ We’re, Josephat Olokula, sparky, you’re, “ I’m, Ntasikoi Oloimoeja, Oloimoeja Organizations: CNN, Initiative, Hansen Global, Forest Guardians, Guardians, Government, Helicopter Charter EA, Kenya Forestry Research Institute, ” Locations: “, Kenya, Nairobi, Mara, Narok

☆ Turns out being a venture capitalist can be really hard and some VCs want out
▼ + stars: | 2024-08-09 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, turns out being a venture capitalist can be really hard, and some VCs want out . The big storyWe were promised big returnsiStock; Rebecca Zisser/InsiderFor venture capitalists, when the going gets tough, the tough get going…toward the exits. Some VC workers are reconsidering their future as the industry goes through a rough patch, writes Business Insider's Sri Muppidi. The ink was barely dry on a deal before startups were raising another round, doubling their VCs' investment (on paper) along the way. One Bay Area partner told Sri junior investors need to meet dozens of companies a week.

Persons: —, Rebecca Zisser, It's, That's, VCs, dobi, Goldman Sachs, duMond, Chip Somodevilla, Alyssa Powell, Jamie Dimon, we're, Jamie, David Zalubowski, Chelsea Jia Feng, Meta's Instagram, Grzegorz Wajda, Elon Musk, Musk's X, he's, Grimes, Sam Altman, Kamala Harris, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Amanda Yen Organizations: Service, Business, VCs, Tiger Global, Area, JPMorgan, YouTube, Dell, Getty, Elon, Federation, Global Alliance, Responsible Media, UK Prime, Democratic, Trump, Disney Locations: Patagonia, Dimon, Anaheim , California, North Carolina, Virginia, New York, London

☆ The AI world's most valuable resource is running out, and it's scrambling to find an alternative: 'fake' data
▼ + stars: | 2024-08-09 | by ( Hasan Chowdhury | Hugh Langley | ) www.businessinsider.com time to read: +11 min

OpenAI CEO Sam Altman has argued that AI models should eventually produce synthetic data good enough to train themselves effectively. As the well of usable human-generated data dries up, more companies look into using synthetic data. Rather than being pulled from the real world, synthetic data is generated by AI systems that have been trained on real-world data. Synthetic data may help offer some effective "countertuning" to the biases produced by real-world data, too. 'Habsburg AI'While the AI industry found some advantages in synthetic data, it faces serious issues it can't afford to ignore, such as fears synthetic data can wreck AI models.

Persons: —, that's, Sam Altman, Gary Marcus, It's, Nathan Lambert, Gretel, SynthLabs, Meta, Timnit Gebru, Margaret Mitchell, LLMs, Sadowski, Alexandr Wang, AlphaGeometry, Marcus Organizations: Service, Google, Business, Oxford, Gartner, New York University, Allen Institute, AI, Nvidia, Meta's, Anadolu, Getty, Rush, Microsoft, Monash University Locations: Cambridge, Habsburg

☆ Elon Musk’s X just sued a nonprofit advertising group out of existence
▼ + stars: | 2024-08-09 | by ( Ramishah Maruf | Clare Duffy | ) edition.cnn.com time to read: +4 min

New York CNN —A major ad industry group is shutting down, days after Elon Musk-owned X filed a lawsuit that claimed the group illegally conspired to boycott advertising on his platform. The end of GARM marks a temporary victory for Musk and X CEO Linda Yaccarino, even though a judge hasn’t made a ruling yet. “Everyone can see that advertising on X is a treacherous business relationship for advertisers,” they said. Following that, brands’ faced issues where their ads were placed next to illegal or harmful content, the group said in a statement. GARM said its group reduced such ads from 6.1% in 2020 to 1.7% in 2023.

Persons: Elon Musk, “, GARM, Linda Yaccarino, hasn’t, ” Yaccarino, Nandini Jammi, Claire Atkin, ”, Ørsted —, ’, Musk, X, CCDH Organizations: New, New York CNN, Global Alliance, Responsible Media, World Federation, Institute, Twitter, CVS, Unilever, Mars, Facebook, Brands, Center, Media Locations: New York, Danish, Texas, Christchurch New Zealand

☆ Google and X lag peers in addressing non-consensual explicit images, lawmakers say
▼ + stars: | 2024-08-09 | by ( Clare Duffy | ) edition.cnn.com time to read: +3 min

New York CNN —Google, X and Discord are among a group of tech giants that could be doing more to address the rising threat of non-consensual explicit images online, according to a letter that a group of senators sent to the companies Friday. The letter criticizes nearly a dozen tech firms for their lack of participation in two programs that make it easier for people to request the removal of non-consensual explicit images and videos from the internet. The letter was spearheaded by Democratic Sen. Jeanne Shaheen and Republican Sen. Rick Scott, and co-signed by ten other senators. Most of the companies named in the letter have policies against the creation or sharing of non-consensual, explicit images, and in some cases offer their own ways for users to report or request the removal of such content. The fight to address non-consensual explicit images and deepfakes has received rare bipartisan support.

Persons: popstar Taylor Swift, OpenAI, Democratic Sen, Jeanne Shaheen, Republican Sen, Rick Scott, deepfakes, Ted Cruz, —, Amy Klobuchar Organizations: New, New York CNN, Google, CNN, Microsoft, National Center for, Democratic, Republican, Capitol Locations: New York

☆ Elon Musk has a weak case against advertisers — but he's playing the long game
▼ + stars: | 2024-08-08 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +9 min

Read previewOn Tuesday, Elon Musk's X fulfilled his promise to sue advertisers over their boycotting of the platform. GARM creates frameworks to provide common definitions around areas like hate speech and misinformation; it's voluntary whether advertisers use them. It doesn't rank platforms on these issues, and its role isn't to advise advertisers on where to spend their dollars. US advertisers are also protected by the First Amendment to spend or not spend on whichever media platforms they please. If the X suit moves into the discovery phase, there could be a whole lot more.

Persons: —, Elon Musk's X, X, Ørsted, Musk, Ruben Schreurs, Ørsted didn't, GARM, Jim Jordan, colluded, WPP's GroupM, Rob Rakowitz, Rumble, Jamie Barnard, Jim Jordan of Ohio, Win McNamee, Jordan, Brian Wieser, Wieser Organizations: Service, Federation, Global Alliance of Responsible Media, Twitter, Unilever, Mars, CVS, Business, WFA, Republican, Procter, Gamble, WPP's, Committee, Verizon, Chanel, PepsiCo, WPP, Media, Madison Locations: Texas, Ohio

☆ The Global Alliance for Responsible Media is 'discontinuing' after Elon Musk's X filed an antitrust lawsuit against it
▼ + stars: | 2024-08-08 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +4 min

Read previewThe advertising trade group The World Federation of Advertisers told its members on Thursday that it was "discontinuing" activities for its Global Alliance for Responsible Media initiative following an antitrust lawsuit filed by Elon Musk's X against the company earlier this week. This story is available exclusively to Business Insider subscribers. AdvertisementRepresentatives for the WFA and GARM didn't immediately respond to requests for comment from Business Insider. The platform's lawsuit alleged that after Musk acquired Twitter in 2022, GARM persuaded top brands not to advertise on it. The Committee has been investigating whether GARM members illegally colluded to demonetize conservative platforms and voices.

Persons: —, Elon Musk's, Stephan Loerke, Loerke, GARM, colluded, Ørsted, GARM didn't, Linda Yaccarino, wasn't, Musk, Jim Jordan, Russell Dye, Rumble, X didn't Organizations: Service, Federation, Global Alliance, Responsible Media, WFA, Business, Twitter, Unilever, Mars, CVS, WPP Locations: Texas, US, Ohio

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