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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
Disney has offered Comcast $8.6 billion to take full control of Hulu. AdvertisementAdvertisementDisney has offered to pay $8.6 billion to take full control of Hulu from Comcast, which holds a 33% stake in the streaming platform. Disney regards Hulu as a crucial part of its push to reach wider audiences, The Wall Street Journal reported. Hulu has about 48 million subscribers compared with almost 162 million for Disney+, per Forbes, but is one of the few profitable streaming platforms, alongside Netflix. Hulu is already offered by Disney in a bundle with its Disney+ and ESPN+ streaming services.
Persons: Bob Iger's, , Bob Iger, Iger, Charley Gallay Organizations: Disney, Comcast, Hulu, Service, Street Journal, Forbes, Netflix, ESPN, ABC Locations: Hulu
Brijesh Goel, a former investment banker at Goldman Sachs, was jailed for three years. US District Judge P. Kevin Castel told Goel he "lied again and again and again" on the stand. AdvertisementAdvertisementA former Goldman Sachs investment banker who was found guilty of insider trading and obstruction of justice was jailed for three years by a New York judge. AdvertisementAdvertisement"You took the stand right in this chair and you lied again and again and again," the judge told Goel. "I apologize to Goldman Sachs, to my colleagues, everyone who felt betrayed by my actions."
Persons: Brijesh Goel, Goldman Sachs, P, Kevin Castel, Goel, , Akshay Niranjan, Niranjan, Goel texted Akshay, he'd, Akshay, Damian William Organizations: US, Service, Goldman, Barclays, Securities Exchange Commission, Southern, of, Bloomberg Locations: New York, of New York
A California jury found Tesla's Autopilot function did not cause a 2019 crash that killed a driver. Micah Lee's wife and son were seriously injured and sued Elon Musk's EV maker for $400 million-plus. AdvertisementAdvertisementTesla's Autopilot feature was not responsible for a 2019 crash that killed a driver and left two passengers seriously injured, a California jury ruled. Tesla denied its software was to blame and argued that the driver had consumed alcohol before getting behind the wheel. The EV maker also questioned whether Autopilot was in use at the time of the crash.
Persons: Micah Lee's, , Tesla, Bryant Walker Smith Organizations: Elon, Service, Reuters, University of South, Washington Post, National, Traffic, Administration, Department of Justice Locations: California, Riverside County , California, University of South Carolina
The Guardian accused Microsoft of causing "significant reputational damage" with an AI-generated poll. A poll speculating how a woman died appeared next to a Guardian news story on Microsoft Start. AdvertisementAdvertisementA newspaper publisher accused Microsoft of damaging its reputation after an AI-generated poll appeared next to one of its articles on an aggregation platform. An AI-generated poll asking readers to vote on whether they thought the woman had died by murder, suicide or accident appeared next to the article on Microsoft Start. She also called for the software company to stop using experimental AI alongside Guardian news stories.
Persons: , Lilie James, Anna Bateson, Bateson, Brad Smith, Smith Organizations: Guardian, Microsoft, Service, Guardian Media Group Locations: Sydney, Australia
More details of Kanye West's conduct during his partnership with Adidas were revealed by The New York Times. The rapper drew a swastika on a shoe design and told a Jewish employee to kiss a photo of Hitler, per the Times. In another detail of his troubling antisemitic behaviour, Ye told one Jewish manager at the company to kiss a picture of Hitler every day. The last Adidas Yeezy restock AdidasAdidas CEO Bjørn Gulden has defended Ye, saying that the rapper had been misunderstood. The company told the Times it had "no tolerance for hate speech and offensive behavior, which is why the company terminated the Adidas Yeezy partnership."
Persons: Kanye, Hitler, Ye, , Adidas Yeezy, Bjørn Gulden Organizations: Adidas, The New York Times, Times, Service, New York Times, Adidas Adidas Locations: Germany
The incidents prompted the UN agency to warn that civil order is starting to break down in Gaza. Flour, hygiene products, and other basic supplies were taken from depots in the middle and southern areas of the Gaza strip, the UN Relief and Works Agency (UNRWA) said Sunday. "Supplies on the market are running out, while the humanitarian aid coming into the Gaza Strip on trucks from Egypt is insufficient," said White. AdvertisementAdvertisementAround 84 aid trucks carrying food, water, and medicine have entered Gaza since the Rafah crossing was opened on October 21, according to UN Secretary-General Antonio Guterres. Before the conflict, about 500 trucks entered the Gaza Strip every day to deliver supplies, per Reuters.
Persons: , Balah, Thomas White, Mohammed Abed, Antonio Guterres, Col Elad Goren Organizations: UN, Service, United Nations, UN Relief and Works Agency, Associated Press, Reuters, Guardian Locations: Gaza, Israel, Deir al, Rafah, Egypt
SpaceX CEO Elon Musk has offered his Starlink internet services to aid organizations in Gaza. AdvertisementAdvertisementElon Musk said that Starlink satellite internet will be made available to aid organizations in Gaza after communications were cut off late Friday. AdvertisementAdvertisementIn response to her comment, Musk said: "Starlink will support connectivity to internationally recognized aid organisations in Gaza." Starlink will support connectivity to internationally recognized aid organizations in Gaza. The role of Starlink connectivity in the Ukraine war has attracted controversy over the control it offered Musk in the conflict.
Persons: Elon Musk, , Alexandria Ocasio, Cortez, Musk, — Elon, Mark Regev, Benjamin Netanyahu, Starlink, Shlomo Karhi, He's Organizations: SpaceX, Communications, Service, Guardian, Democrat, BBC Radio, Street, Tech Crunch Locations: Gaza, Israel, Ukraine, Crimea, Russian
But what she thought was a job interview turned out to be a country club lunch with an older man. AdvertisementAdvertisementThis is an as-told-to essay based on a transcribed conversation with Jenna Vaught about her experience of being baited on LinkedIn. Insider has verified her LinkedIn messages with the man as well as the details he posted on the site. AdvertisementAdvertisementHe set a date for the job interview, but something wasn't rightHe set a date and sent me a location. Now I work for womenIn college LinkedIn was the only platform I could use to really find something, but now I can't rely on it, especially for networking.
Persons: Jenna Vaught, , Judy, Jenna, Merrill Lynch, We've, I'm, It's Organizations: Service, LinkedIn, Florida Gulf Coast University Locations: Naples , Florida
Office vacancies are at a 30-year high as WFH continues after the pandemic. But the White House initiative will make more than $35 billion available from existing federal programs in the form of grants and low-interest loans to encourage developers to convert offices into residential. Office vacancies stand at a 30-year high of 18.2%, according to research by CBRE. AdvertisementAdvertisementThe White House hopes the initiative will alleviate both these problems, creating more housing and revitalizing the commercial real estate sector. Conversions are faster than new construction, 20% cheaper, and produce fewer greenhouse gas emissions, the White House added.
Persons: , Joe Biden's, Biden, Silverstein, Lael Brainard Organizations: Biden Administration, Service, Resources, Department, Transportation, CBRE, National Association of Realtors, It's, National Economic Council, ABC News Locations: Manhattan, New York, San Francisco, It's
Boeing lost another $482 million in the third quarter on the new Air Force One aircraft. AdvertisementAdvertisementBoeing lost another $482 million on building two planes that will become the new Air Force One, according to its latest earnings report. Known as VC-25Bs, the new aircraft will be larger and more fuel efficient, allowing the US Air Force to save roughly $1.9 billion in operations and maintenance costs during the jets' 20 to 30-year lifespans. When Air Force One was last replaced during the George H.W. Revenue rose 13% to $18.1 billion, reflecting the delivery of 105 commercial aircraft, while the net loss narrowed from $3.3 billion to $1.6 billion.
Persons: , Donald Trump, George H.W, Dave Calhoun, Calhoun Organizations: Boeing, Air Force One, Service, Air Force, US Air Force, CNN, White, Los Angeles Times, Force, Defense, Security, Revenue Locations: Bush
The Senate on Tuesday confirmed Michael G. Whitaker, a former Obama administration official, to lead the Federal Aviation Administration, filling a key vacancy that had persisted for more than 18 months. His swift bipartisan confirmation underscored the desire of lawmakers on both sides of the aisle to install a permanent administrator atop the nation’s aviation regulator. Mr. Whitaker now faces the challenge of stabilizing an agency that has been in turmoil and providing the flying public with the confidence that the country’s air travel system is safe and reliable. A system outage grounded flights nationwide in January, and a series of near collisions at airports around the country have raised fears about whether the air travel system is being stressed to the point of danger. has been without a permanent leader since Stephen Dickson, a former Delta Air Lines executive and an appointee of President Donald J. Trump, stepped down last year.
Persons: Michael G, Whitaker, Obama, Biden’s, Stephen Dickson, Donald J, Trump, Polly Trottenberg Organizations: Federal Aviation Administration, Delta Air Lines
AdvertisementAdvertisementArvind Krishna, the CEO of IBM, has some thoughts for young professionals worried about what AI means for their working lives. Developing critical thinking skills is the key to future-proofing your career against AI, he said in an interview with London's Sunday Times. The 61-year-old, who's spent his entire career at IBM, doesn't think AI will have as much impact as some fear. He predicts that only 6% of the workforce is at risk of having their job replaced by AI. While the IBM CEO is not worried about the threat to jobs, Krishna told the Sunday Times that other fears surrounding AI are more well-founded.
Persons: Arvind Krishna doesn't, Krishna, , Arvind Krishna, who's, MUGoI4mU8K, — Arvind Krishna, There's, Goldman Sachs Organizations: Service, IBM, London's Sunday Times, Bloomberg, Goldman, Sunday Times, Safety, Bletchley Locations: @IBM, London
Gen Z seems OK with their parents using location sharing apps to keep tabs on them. Rising levels of anxiety among young people may be driving the embrace of location apps. The embrace of location tracking is thought to be related to rising levels of anxiety among younger generations. AdvertisementAdvertisement"During uncertain times, this generation has come to crave the added layer of security that location sharing provides," she said. Life360's survey found 94% of Gen Z saw the benefits of location sharing, with more than half regarding such apps as being synonymous with safety.
Persons: , Gen Z, Life360, Michele Borba, Michael Organizations: Service, Street Journal, Wall Street, City , University of London, New York Times
Researchers used AI to determine the personality traits of 21,000 startup founders. They found that the success of a startup is linked to the personality traits of its founder. Here are the six personality traits you need to be a successful founder. AdvertisementAdvertisementA startup founder's personality traits may have a major impact on their company's success, a study published in Nature suggests. AdvertisementAdvertisementThe researchers found that these core personality traits were dramatically different to the wider population, the report says.
Persons: , Paul X, McCarthy, It's, " McCarthy, Melanie Perkins, Steve Jobs, Richard Branson, Jeff Bezos, Mark Zuckerberg, Larry Page, Sergey Brin, Horacio Villalobos Organizations: Service, Oxford Internet Institute, University of Oxford, University of Technology Sydney, University of Melbourne, University of New Locations: Nature, University of New South Wales, Sydney
While on vacation, Susan Hodgson's neighbor called to say her house was being completely torn down. Hodgson says she's not even had an apology from the demolition company, which is investigating the incident. AdvertisementAdvertisementA woman is mulling the next steps after a company mistakenly demolished a home she owned in southwest Atlanta. Hodgson said a neighbor called while she was away and asked if someone had been hired to tear down the vacant house. When a person in charge at the site checked the permit, Hodgson said he admitted he was at the wrong address.
Persons: Susan Hodgson's, Hodgson, she's, , Susan Hodgson, Everett Tripodis Organizations: Service, Associated Press, Atlanta -, Atlanta, WSB Locations: Atlanta
A record number of subprime borrowers are behind on auto loan payments by more than 60 days. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertisementA record number of subprime borrowers are behind on their auto loan payments by 60 days or more, according to figures from Fitch Ratings reported by Bloomberg. More than a third of Americans are considered subprime borrowers, according to an Experian study, meaning they have lower credit scores and are deemed less likely to meet their repayments on loans. AdvertisementAdvertisementFor subprime borrowers, rates for new cars average 11.5% and 18.5% for used autos, according to Experian.
Persons: , Margaret Rowe, Zers Organizations: Fitch, Bloomberg, Service, CNN, Fed, Economic, Cox Automotive Locations: Edmunds
He explains how Ukraine is using the company's AI tool to streamline intelligence gathering. The world before February 24, 2022 was a difficult place for defense tech startups. But since Russia's invasion of Ukraine there's been a paradigm shift. Now, my company, SensusQ, is applying the AI revolution to the defense sector and helping Ukraine on the battlefield. AdvertisementAdvertisementThe SensusQ AI system collates intelligence from multiple sources.
Persons: Erik Kannike, Kannike, , Ukraine there's, James Bond, There's, they're, Europe There's Organizations: Service, NATO, intel, Spotify, Anadolu Agency Locations: Estonian, Ukraine, Estonia, Russia, Europe, Ukrainian
The rockets will allow the rollout of Starlink's Direct to Cell service next year. The number of launches has steadily risen as SpaceX's Starlink satellite internet service has expanded. AdvertisementAdvertisementDescribed as "a cellphone tower in space" on its website, Direct to Cell will offer mobile services through Starlink satellites. Thank you to all of our customers around the world 🛰️🌎❤️ → https://t.co/D6L8BSisQq pic.twitter.com/jVfWTEfHkz — Starlink (@Starlink) September 23, 2023Though far ahead of its competitors, more are following Elon Musk into space. AdvertisementAdvertisementIn early October, Jeff Bezos' Amazon launched the first two prototype satellites in what will become its Project Kuiper internet service.
Persons: , Musk, Elon Musk Organizations: Cell, Amazon, Service, SpaceX, Ars Technica, Ars
The European Union may crack down on visa-free travel after revealing the scale of the passport trade. AdvertisementAdvertisementTens of thousands of passports have been obtained by Russians, Iranians, Chinese and others from Caribbean nations, granting them visa-free travel to European countries, according to a report by the European Commission. AdvertisementAdvertisementThe scale of the "golden passport" trade has sparked security concerns from the European Commission, which is proposing a crackdown on visa-free travel for people using them. Some 150,000 people have used the visa-free travel arrangements to claim asylum once in a European country, according to the EU home affairs commissioner, Ylva Johansson. Such passports became more popular after citizens of the Caribbean countries were granted visa-free travel in 2015, The Guardian reported.
Persons: , Dominica –, Muammar Gaddafi, Ylva Johansson, Gary Kalman Organizations: European, Service, European Commission, The, St, The Guardian, Guardian, Transparency International US Locations: Caribbean, Antigua, Barbuda, Grenada, St Kitts, Nevis, St Lucia, Dominica, Afghan
YouTube wants to launch a AI feature to let users make music using their favorite singers' voices. It's been delayed by ongoing talks with record companies about the rights needed to train AI software. The arrival of AI-generated music has created significant legal issues for the music industry. The new tools are aimed at streamlining the creative process for YouTube users. The AI music function could potentially give YouTube users the ability to recreate any song with their favorite musician's voice, or create entirely new music replicating a singer.
Persons: It's, , didn't, Alexander Ross, that's, Drake, Munch ”, , Daniel Ek, Grimes, Elon Musk, who's Organizations: YouTube, Service, Bloomberg, Spotify
To win, he'll need support from nearly every House Republicans, having few votes to spare in a chamber they only narrowly control. “One person says disruption," Jordan told The Associated Press in 2017. That helped him land a coaching job at Ohio State University before his election to the Ohio legislature in the mid 1990s. I never saw, never, heard of, never was told about any kind of abuse,” Jordan told Fox News in 2018, suggesting that the allegations against him were politically motivated. Jordan repeatedly cast doubt on the outcome of the contest while organizing the House Republican response.
Persons: Jim Jordan, John Boehner, he'd, Boehner, Jordan, Donald Trump, Kevin McCarthy, Jordan speakership, Liz Cheney, ” Cheney, ” Jordan, , Bob Taft, , Richard Strauss, Strauss, ” Adam DiSabato, DiSabato, “ Jim Jordan, “ He’s, Polly, I’m, ’ ”, Matt Huffman, Joe Biden, Biden, corruptly, Trump, Scott Perry, Bryan Cutler, Mike Pence, Cassidy Hutchinson, Mark Meadows, ” Trump, Hutchinson Organizations: WASHINGTON, , Republican Party, Republican, Republicans, Capitol, Ohio State University, Associated Press, University of Wisconsin, GOP, Republican Gov, Caucus, Ohio State, Fox News, Congress, Trump, White, Committee, House Intelligence, Locations: , Dayton, Ohio, Columbus, Congress, Washington, Russia, House, Pennsylvania
It's not adopted the strict return-to-office mandates enforced by some Silicon Valley firms. But Nvidia, whose chips are powering the AI revolution, is not enforcing strict return-to-office mandates. Nvidia CEO Jensen Huang speaks during a press conference at The MGM during CES 2018 in Las Vegas on January 7, 2018. Mandel Ngan/AFP/Getty ImagesYet the companies snapping up Nvidia's chips don't all agree. But Nvidia's astounding growth undermines the claims made by some Silicon Valley bigwigs.
Persons: Bard, It's, Jensen Huang, , Beau Davidson, Davidson, Mandel Ngan, Mark Zuckerberg, Sam Altman, OpenAI, they're Organizations: Nvidia, Service, Venture, Commerical Observer, MGM, Getty, Meta, Reuters, CNET Locations: Silicon, Las Vegas, AFP, China, Hong Kong, Santa Clara
Netflix is planning to open two permanent locations in the US by 2025. Fans will be able to eat, drink, and shop at stores based on its most popular shows, Bloomberg reported. Two "Netflix House" venues are in the works for the US with others to follow, its consumer products chief, Josh Simon, told Bloomberg. Netflix Houses will be a mix of entertainment and retail experiences, where customers can eat, drink, and buy merchandise. Further details about the locations of Netflix Houses are yet to be announced.
Persons: , Josh Simon, we've, Simon, Ilya S, he's, It's Organizations: Netflix, Bloomberg, Service, Disney, NBC Universal, NPR, Las Vegas Locations: New York, Las
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