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☆ Read the 12-page pitch deck 2 brothers used to raise $2 million for Strada, an AI startup to streamline content creation
▼ + stars: | 2023-09-14 | by ( Lucia Moses | ) www.businessinsider.com time to read: +1 min

Brothers Michael and Peter Cioni, former Adobe and Netflix execs, have raised $1.9 million for their startup, Strada. Strada is a platform that promises to make production work more efficient. Check out the pitch deck they used to raise funds from big Hollywood filmmakers and others. A pair of brother entrepreneurs is betting that they can help video creators bring their projects to life faster by harnessing AI to streamline the production process. Michael and Peter Cioni — former execs at Adobe and Netflix, respectively — left those roles to build their new startup, Strada.

Persons: Michael, Peter Cioni, Peter Cioni —, —, Glenn Ficarra, John Requa, Jason Fotter, Kim Snyder Organizations: Adobe, Netflix, Strada, Hollywood, Ataboy Studios, Donut Media, Panavision

☆ Disney starts drafting broadcast TV’s grand finale
▼ + stars: | 2023-09-14 | by ( Jennifer Saba | ) www.reuters.com time to read: +9 min

It was pretty much the only way to watch “Gunsmoke” or “Howdy Doody” until cable networks arrived in force in the 1980s, bundled together for a monthly subscription fee. For Disney, ABC represented a watershed moment. Look deeper and the big broadcasters attracted only one in five viewers, while one in three watched cable networks. The TV group, excluding cable networks such as Fox News, generated an EBITDA margin of nearly 12% for the year ending June 30. Assume any deal includes cable networks such as Disney Channel and National Geographic.

Persons: Walt Disney, Bob Iger, ”, Howdy Doody, Fox, Rupert Murdoch, Michael Eisner, Iger, what’s, “ Abbott, Singer, Morgan Stanley, Disney’s, they’re, reckons Morgan Stanley, Jeffrey Goldfarb, Sharon Lam, Aditya Sriwatsav, Oliver Taslic Organizations: Reuters, Magic Kingdom, ABC, Disney, ESPN, Charter Communications, American Broadcasting Company, NBC, CBS, Capital Cities, RJR Nabisco, Paramount Global, Comcast, Warner Bros Discovery, Fox, Paramount, National Football League, NFL, Reuters Graphics Reuters, Bloomberg, Apple, Nielsen, BET, Wall Street Journal, Charter, U.S . Federal Communications Commission, Local, Disney Channel, Geographic, Apollo Global Management, TPG, Walt Disney, Thomson Locations: U.S, United States

☆ Why we’re still learning new things about the JFK assassination
▼ + stars: | 2023-09-13 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +9 min

According to the Warren Commission, the intact bullet was discovered when it was knocked onto the floor next to a stretcher holding Connally. There are differing positions on what to make of Landis’ memoirJefferson Morley edits a substack newsletter, JFK Facts, that pushes for more transparency in the official record on the Kennedy assassination. Farris Rookstool III is a former FBI analyst who reviewed Kennedy assassination documents. They’ve got the Warren Commission report, which most people now feel was incomplete and rushed. And he made an important point that extends well beyond the Kennedy assassination.

Persons: CNN —, John F, Kennedy, Paul Landis, Jacqueline Kennedy, “, Landis, John Connally, Connally, CNN’s, Jake Tapper ”, ” Landis, Tapper, I’ve, Jefferson Morley, “ Landis, ” Morley, Abby Phillip, Farris Rookstool, Lee Harvey Oswald’s, ” Rookstool, Phillip, They’ve, Warren, Oswald, Trump, Joe Biden, ”, Philip Shenon, Larry Sabato, – Sabato, don’t, That’s, Lyndon B, Johnson, Sabato, ” Sabato, they’ve Organizations: CNN, Secret Service, Texas Gov, Warren Commission, Parkland Memorial Hospital, Secret, JFK, FBI, Texas, National Archives, CIA, Congress, Defense Department, Department of State, American, Biden, Trump, Security, University of Virginia, Cuban, Warren, CBS Locations: Parkland, Warren, Cuban, Mexico, Soviet, Vietnam, Iran, Afghanistan, Iraq

☆ Insider Today: Automating away CEOs
▼ + stars: | 2023-09-11 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +9 min

Today is always a difficult day, particularly here in New York, as we remember the innocent lives lost 22 years ago. But the group that seems immune to those concerns — CEOs — is primed for being usurped by robots, writes Ed Zitron. Ed's argument is straightforward: CEOs get paid a lot despite not providing much value for their companies. For all the talk of CEOs being transformational leaders full of business ingenuity, many are nothing more than figureheads. The Insider Today team: Dan DeFrancesco, senior editor and anchor, in New York City.

Persons: Rick Rescorla, Morgan Stanley, Rescorla, — Dan DeFrancesco, Arantza Pena Popo, —, Ed Zitron, Ed, they're, STAN HONDA, Bill Ackman, foresees, Elon Musk's, Sam Altman, Kevin Dietsch, Ryan Petersen, Flexport's, Apple's, Microsoft's, Chris Williams, he's, Joe Biden, Damar Hamlin, Joe's, Wilson, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, Tech, TED, LinkedIn, nab, Bank, America, Wynn Resorts, Broadcom, Sun, Pentagon, & Museum, The New York Jets, Buffalo Bills, Bills, Oracle, Bovis Homes Locations: Wall, Silicon, New York, China, Alaska, Savanna, New York City, San Diego, London

☆ What planning my digital afterlife at age 27 taught me about my millennial FOMO
▼ + stars: | 2023-09-11 | by ( Kai Xiang Teo | ) www.businessinsider.com time to read: +6 min

But recently, X, formerly known as Twitter, was called out by grieving relatives for purging accounts belonging to their dead loved ones. But the normalization of memorialized accounts and grieving online have made the prospect of planning your digital afterlife far less absurd, he added. To be clear, MyWishes lets you create only a nonbinding plan for your digital accounts. It doesn't allow you to pass along information such as passwords or give your loved ones full control of your social media. AdvertisementAdvertisementStill, it's a useful starting point while planning your digital afterlife.

Persons: James Norris, MyWishes, —, Norris, Kai Xiang Teo, curating, Kai Xiang Teo Notably, you've, MyWishes isn't, Andy Ho, it's Organizations: Service, Apple, Meta, Google, Twitter, Nanyang Technological University Locations: Wall, Silicon

The rivalry game between Iowa and Iowa State always ratchets up the intensity of both fan bases every year, even if the two programs are unranked as they are this season. Five Iowa State players who were projected to be starters before the season are suspended. Other football players are suspended as the two schools head into their 70th overall meeting in a series that began in 1894. Iowa State quarterback Hunter Dekkers, running back Jirehl Brock, offensive lineman Jacob Remsburg, tight end DeShawn Hanika and defensive lineman Isaiah Lee were charged. Both teams won their openers last week, and the absences of the suspended players did not appear to make an impact.

Persons: Ames, Donald Trump, “, Kirk Ferentz, ”, Tom Stawniak, Stawniak, Max Urick, ” Stawniak, Garrett Yager, You’ve, Hunter Dekkers, Jirehl Brock, Jacob Remsburg, Isaiah Lee, Noah Shannon, Michele Wiggins, ” Wiggins, there’s, Schultz, John Albeck, Nick Allman, they're, John Bohnenkamp Organizations: Iowa State, Five Iowa State, NCAA, Hawkeyes, ” Iowa’s, Criminal Investigations, Iowa, Cyclones, Associated Press, AP Locations: Iowa, ” Iowa, Urbandale , Iowa, Bellevue , Nebraska, Omaha , Nebraska, Omaha, Iowa City

☆ Kamala Harris has 'rabbit ears' for any criticism about her, a new book claims
▼ + stars: | 2023-09-03 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +4 min

The vice president has "rabbit ears" for criticism, author Franklin Foer wrote. "Harris possessed what one of her colleagues described as 'rabbit ears," Foer wrote. Advertisement Advertisement Watch: How Kamala Harris compares with Joe Biden on Medicare for All, gun control, marijuana legalization, and 7 other key issues"She let the criticism guide her," he added. The book, which is about Joe Biden's presidency, delves into the dynamic between him and his vice president. Kamala Harris and Joe Biden.

Persons: Kamala Harris, Franklin Foer, Joe Biden's, Harris, Foer, Joe Biden, Biden, Obama, Ron Klain, Al Gore, Olivier DOULIERY, OLIVIER DOULIERY, we're, I'm, it's Organizations: Service, Fox News, Central America, White, Staff, Getty Locations: Wall, Silicon, AFP

☆ Exclusive: Line Man Wongnai targets listing as early as 2025 -exec
▼ + stars: | 2023-09-01 | by ( Sam Nussey | ) www.reuters.com time to read: +2 min

The logo of Thailand Stock exchange is pictured at an exhibition hall in Bangkok, Thailand, May 12, 2016. REUTERS/Athit Perawongmetha/File Photo Acquire Licensing RightsTOKYO, Sept 1 (Reuters) - Thai food delivery startup Line Man Wongnai has begun appointing advisors to prepare for an initial public offering and is targeting a listing as soon as 2025, according to a senior executive at the Southeast Asian unicorn. Line Man Wongnai competes with Singapore-based Grab (GRAB.O), Foodpanda, and the food delivery business of Siam Commercial Bank. It was formed in 2020 from a merger of Line Man, the Thai food delivery business of Line, and restaurant aggregator Wongnai. "We are in a position to really help digitalise Thailand," said Chung, a former Goldman Sachs banker from South Korea who previously worked for Line, adding that the food delivery business is gaining market share.

Persons: Athit, Wongnai, Young Chung, Chung, Goldman Sachs, Sam Nussey, Yantoultra Ngui, Stephen Coates Organizations: Thailand Stock, REUTERS, Rights, Reuters, Siam Commercial Bank, Siam Cement, FoodStory, Thomson Locations: Bangkok, Thailand, United States, Asia, Singapore, Siam, South Korea

☆ The Fed is ‘flying blind’ on the economy. Will this week’s jobs data help?
▼ + stars: | 2023-08-28 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +9 min

The Bureau of Labor Statistics kicks things off on Tuesday with the Job Openings and Labor Turnover Survey report for July. But the pace of job creation and demand by employers for flexible labor, temporary, contract and full time jobs, while still strong, has definitely slowed. Tell me about the ASA Staffing Index, which tracks weekly changes in temporary and contract employment. The ASA Staffing Index is a real-time snapshot of employment. So I think we may have seen a trough in terms of temporary employment and we could be seeing now the beginning of the upturn.

Persons: Bell, Richard Wahlquist, Jackson, Jerome Powell, Powell’s Jackson, we’ve, We’ve, they’ve, upticks, Alicia Wallace, ”, Janelle Griffith, Marsh, Brian Fung Organizations: CNN Business, Bell, New York CNN, Labor Statistics, Labor, ADP, Reserve, American Staffing Association, Fed, ASA, Panama Canal Authority, Amazon, Apple, Google, Meta, Microsoft, Companies Locations: New York, Jackson Hole , Wyoming, Panama, North American

☆ I made $175,000 in less than a month teaching people how to use AI for their businesses. Here are 5 ways you can use ChatGPT to produce the best content.
▼ + stars: | 2023-08-26 | by ( Aaron Mok | ) www.businessinsider.com time to read: +6 min

Ole Lehmann, a crypto trader who lost money when FTX crashed, spent months experimenting with and creating content with help from ChatGPT. Earlier this month, he launched a course teaching entrepreneurs how to use AI to create marketing content. I was a crypto trader and investor for over six years. Two months later, in early August, the AI Audience Accelerator course, which teaches solopreneurs how to use AI to create content that could help market their businesses, was born. Everyone says you have to create content to get customers, but most people don't have the time or frameworks for how to do that.

Persons: Ole Lehmann, FTX, he's, Lehmann, Insider's Aaron Mok, —, OpenAI, I've, Anthropic's chatbot, Claude Organizations: Canada Locations: ChatGPT, Cyprus

Eventually, he had his own radio show in Los Angeles, “The Bob Barker Show.”American game show host Bob Barker points to himself on a nearby television screen as his wife Dorothy Jo Barker (1924 - 1981) looks on and laughs, November 4, 1977. Gabi Rona/MPTV/Reuters Barker, right, appears on a 1960 episode of "Bonanza" along with actors Jim Galante, Ken Mayer and Natalie Trundy. CBS/Getty Images Barker and Amanda Jones, who was Miss Illinois, are seen after Jones won the 1973 Miss USA Pageant. David Livingston/Getty Images Barker plays with his pet Mr. Rabbit at his home in Los Angeles in 2011. There hasn’t been a day on set that I didn’t think of Bob Barker and thank him.

Persons: Bob Barker, Roger Neal, Barker, popper, Bill Cullen, Drew Carey, ”, “, ‘, ’ ” Barker, Robert William Barker, ’ ”, “ I’d, Drury, Dorothy Jo Barker, Ralph Edwards, Edwards, wasn’t, – Barker, Barker’s, nimbly, Barker's, Jesse Grant, Gabi Rona, MPTV, Reuters Barker, Jim Galante, Ken Mayer, Natalie Trundy, Dorothy Jo, Tilly, Paul W, Bailey, NBCUniversal, Gerald Smith, Herb Ball, Amanda Jones, Jones, Ron Galella, Lennox McLendon, Dian Parkinson, Janice Pennington —, Parkinson, Jim Smeal, Adam Sandler, Happy Gilmore, Mark Mainz, Robert Hanashiro, Mark Davis, Ingrid Newkirk, David Livingston, Rabbit, Damian Dovarganes, Scott Clifton, Lisette M, Azar, CBS Barker, Monty Brinton, Dorothy Jo Gideon, Gideon, you’ve, Gilmore ’, Carey, ‘ Bob, I’m, ‘ Drew, you’re, Nancy Burnet, Gilmore, ” Sandler, Bob, hasn’t Organizations: CNN, CBS, American Television, Drury College, U.S . Navy, Springfield, NBC, Reuters, DJ, T Foundation, US Naval Reserve, Getty, Miss, Miss USA, MTV, Television Academy Hall of Fame, USA, PETA, “, Los Angeles Times Locations: Mission , South Dakota, Rosebud, Springfield , Missouri, Los Angeles, Miss Illinois, “, ”

☆ Large US tech companies face new EU regulations
▼ + stars: | 2023-08-25 | by ( Brian Fung | ) edition.cnn.com time to read: +10 min

Although the European Union’s Digital Services Act (DSA) passed last year, companies have had until now to prepare for its enforcement. Friday marks the arrival of a key compliance deadline — after which tech platforms with more than 45 million EU users will have to meet the obligations laid out in the law. But the list finalized in April includes the most powerful tech companies in the world, and, for those firms, violations can be expensive. The DSA permits EU officials to issue fines worth up to 6% of a very large platform’s global annual revenue. In a statement, a Microsoft spokesperson told CNN the DSA deadline “is an important milestone in the fight against illegal content online.

Persons: “, TikTok, “ We’ve, ”, Nick Clegg, Meta, Snap, Apple, Pinterest, Robert Grosvenor, Alvarez, ” Grosvenor, Thierry Breton, Breton, X, Agustin Reyna, Court’s, ” TikTok Organizations: CNN, Amazon, Apple, Google, Meta, Microsoft, Union’s Digital Services, EU, DSA, Companies, Facebook, European Commission, X Locations: Europe, London, “, BEUC

☆ Welcome to the rabbit hole of agony aunt-killer subreddits, where users discuss money, love, and villainy
▼ + stars: | 2023-08-23 | by ( Kai Xiang Teo | ) www.businessinsider.com time to read: +6 min

Today, Reddit's subreddits take center stage. But these advice subreddits might not be so different from the agony aunt advice columns of yesteryear. But beyond them is a funky constellation of subreddits where users come to pour out their innermost thoughts and burning questions. The poster wrote, "I feel like even at 28, no matter how hard I try to fit in and be nice, I somehow mess it up." AdvertisementAdvertisementTo be sure, Reddit's public advice columns are not without their detractors.

Persons: Abby, Dan Savage, Reddit's, —, Redditors, University of Tampa's David Gudelunas, Dorothy Dix, Ann Landers, Gudelunas Organizations: Morning, University of Tampa's Locations: London

☆ 3 easy ways you can start using AI right now to make yourself more productive at work, according to an AI consultant
▼ + stars: | 2023-08-22 | by ( Ashley Couto | ) www.businessinsider.com time to read: +8 min

A study found that over half of the participants using AI for work saw a 30% productivity increase. Here are three ways people can ease into using generative AI at work. Now I work as a generative AI consultant and trainer and use AI tools to save closer to 25 to 30 hours of work a week. A recent study by Forrester Consulting on behalf of Grammarly found that more than half of people using AI at work said they were 31% more productive . If you're hesitant about embracing generative AI, many apps and tools you already use have AI functions you can familiarize yourself with quickly.

Persons: ChatGPT, Grammarly, Slack DailyBot, Felix, Slack . Slack, DailyBot, I've, Couto's Slack, Ashley Couto, It's, Ashley Couto Felix Felix, you've, felix, Couto, Slack, Felix AI, Ashley Couto Felix, Canva, that's Organizations: Morning, Forrester Consulting, ChatGPT

☆ Ramaswamy’s Foreign Policy Approach Offers Rivals a Line of Attack
▼ + stars: | 2023-08-21 | by ( Jonathan Weisman | More About Jonathan Weisman | ) www.nytimes.com time to read: +1 min

Mr. Ramaswamy, who has never held elected office or worked in government, expresses supreme confidence in his foreign policy views. He has vowed as president to go to Moscow the way Richard M. Nixon went to China. But in a political campaign, his positions may come off as naïve or bizarre — and easy to exploit. First, he told an interviewer, “I don’t believe the government has told us the truth” about the attacks. But caveats and context are often sacrificed on the campaign trail, and Mr. Ramaswamy said on Monday that he expected further foreign policy attacks on the debate stage Wednesday night in Milwaukee.

Persons: Ramaswamy, George F, Kennan, James A, Baker III, Richard M, Nixon, “, Russell Brand Organizations: Twitter Locations: American, Moscow, China, Saudi, Israel, Milwaukee

Now, we're saving $1.2 million and investing in real estate to retire early. Another alluring aspect of real estate was that elements of the investment were under our direct control. Yieldstreet is one of the best real estate investing apps for those interested in real estate and alternative investments. A balanced approachWhile building up our real estate portfolio, we've continued to save in our 401(k) and Roth IRA accounts. There are no guarantees in investing, and we didn't want all of our proverbial eggs in the real estate basket.

Persons: Roth, Stocks, hadn't, they'd, we'd, We've, we've Organizations: FIRE, Service Locations: Wall, Silicon

☆ CNBC Daily Open: There is an alternative
▼ + stars: | 2023-08-15 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

Nvidia Stock Soar | Future Publishing | Getty ImagesThis report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Rather, it was "a pause that refreshes" — a healthy adjustment to "oversold market conditions," Stoltzfus wrote. "Fixed income just looks relatively attractive, especially [relative to] where [we] were just a couple of years ago," said Kevin Gordon, senior investment strategist at Charles Schwab . Whatever choice investors make, then, it's made under a backdrop of heathy conditions — something rare since the pandemic.

Persons: chipmakers, that's, Oppenheimer, John Stoltzfus, Stoltzfus, Kevin Gordon, Charles Schwab, Ashish Shah, it's, Adam Crisafulli Organizations: Nvidia, Future, CNBC, Dow Jones, Nasdaq, Treasury, Goldman Sachs Asset Management Locations: Hangzhou, China, U.S

☆ Disney accused of withholding hundreds of millions of dollars from 'Avatar' sequel financier
▼ + stars: | 2023-08-15 | by ( Sarah Whitten | ) www.cnbc.com time to read: +4 min

Hollywood financer TSG Entertainment is suing Disney for breach of contract. TSG co-finances the production and marketing costs of films in exchanges for a share of the defined gross receipts after the film's release. The group has helped co-finance around 140 films produced by 20th Century Fox, which Disney acquired in 2019, including "Avatar: The Way of Water." Noticing a decline in profits, TSG requested an audit of a sampling of three of the films it financed for 20th Century Fox. "Most egregiously, this scheme triggered a provision in the [revenue participation agreement] that entitles Fox to a 50% share of TSG's profits after the winding-up of TSG's investment vehicle."

Persons: Fox, Jojo Rabbit, John Berlinkski, Bird Marella, Scarlett Johansson Organizations: Hollywood financer TSG Entertainment, Disney, Los Angeles Superior Court, TSG, Century Fox, Hollywood, Fox, TSG —, FX, Warner Bros, HBO, Street Journal Locations: Los Angeles

Just as important will be persuading people like Mr. Marohn that electric cars, renewable energy and electric heaters and stoves are practical, economical and exciting. Many, conservatives in particular, chafe at the prospect of the government forcing them to buy electric cars or ditch their natural gas appliances, polls show. By The New York TimesA clean energy future will require painstaking and individually tailored persuasion campaigns. “Even if some of them deny the science of climate change, they can’t deny good-paying jobs,” he said. “I just want to change the perception that electric cars are not as good as big, noisy muscle cars,” Mr. Lawson said.

Persons: Mikey Marohn, “, ”, Marohn, Alicia Cox, Cox, , chafe, Jesus, Ms, ” “, Jae Landreth, “ That’s, “ Nobody’s, Mr, Landreth, Phil Collins, Rob Leach, Leach, ‘, “ I’ve, Jack Conness, Biden, Jennifer Granholm, Granholm, Vladimir V, Putin, Sue Burns, Burns, Marjorie Taylor Greene, William Turner, didn’t “, Jason Walsh, Walsh, Tia Williams, Ms . Granholm, ” Ms, Williams, Joe Wilson, ” “ Didn’t, Roy Cooper of, Cooper, Patrick Lawson, Ford, Lawson, Lawson’s, Susan Lawson, Cheryl, Tesla, They’re, Kent Wheeler, “ It’s, ’, Josh Hermes, Paul Rosenzweig, Rosenzweig, Mary T, Barra, ” Kenneth Boswell, Quinton Lucas, Lucas, ” Mr Organizations: Clean, Biden, General Motors, nonbelievers, Republican, Pew, The New York Times, Pew Research Center, Toyota, Clean Energy Manufacturing, Energy Innovation, Trump, Trump Biden, Savings, Yale, Pontiac, BlueGreen Alliance, Democratic, Georgia Institute of Technology, Mr, Republicans, Flex, Gov, Northern Arapaho Tribe, Tesla, Rocky Mountain Rebels, Elks, Wild West EV, Polaris, Northern Arapaho, Chevy Silverado, Mercedes, Benz, Alabama Department of Economic and Community Affairs, Kansas City, Fire Department Locations: Teton, Wyoming, Yellowstone, Baldwin City, Kan, Kansas City, G.O.P, Counties, Russia, Memphis, South Carolina, Georgia, Tennessee, Murfreesboro, Tenn, Dalton, Ga, Roy Cooper of North Carolina, Riverton, Jackson, Minnesota, Louisiana, Alabama, Missouri, Quinton Lucas , Kansas, Kansas

☆ Take Five: Are we there yet?
▼ + stars: | 2023-08-11 | by ( ) www.reuters.com time to read: +6 min

China retail sales data due on Tuesday will show whether spending can cling to the around-3% growth rate in June - a far cry from the double-digit readings earlier in the year. Meanwhile, investors will get another look at the health of the U.S. consumer with Tuesday’s retail sales report. June retail sales, released last month, rose less than expected, but nonetheless showed consumers weathered higher interest rates. Chart shows change in U.S. retail sales on a monthly basis. After shooting to a nine-year peak of 6.55% - prompting the central bank to step in to restore calm - yields have settled around 0.58%.

Persons: Kevin Buckland, Ira Iosebashvili, Naomi Rovnick, Karin Strohecker, Amanda Cooper, Christine Lagarde, there's, BoE, Morgan Stanley, Sharon Singleton Organizations: PMI, Reuters Graphics Reuters, European Central Bank, Reuters, Bank of, BOE, Bank of England, Citi, Confederation, Thomson Locations: West, Britain, U.S, Tokyo, New York, London, China, Jackson Hole , Wyoming

☆ Altice’s beaten-up debt is only a bet for the bold
▼ + stars: | 2023-08-08 | by ( Pamela Barbaglia | ) www.reuters.com time to read: +6 min

REUTERS/Violeta Santos MouraLONDON, Aug 8 (Reuters Breakingviews) - Altice’s debt is a bet for the bold. Patrick Drahi’s telecoms group is sitting on a $60 billion debt burden, and faces rising borrowing costs and a corruption investigation. Drahi will therefore need to sell assets to cut debt, which starts to come due in 2025. Both Altice France and Altice International are trying to sell their data centre businesses, which could raise some 700 million euros, bankers say. Yet Altice France alone has some $19 billion of debt coming due by 2029.

Persons: Patrick Drahi, Violeta Santos Moura, Patrick Drahi’s, Drahi –, Armando Pereira, Altice, Drahi, “, ”, Pereira, Xavier Niel’s, Manuel Magalhaes e Silva, Altice International’s, Alexandre Fonseca, Neil Unmack, Oliver Taslic Organizations: French, REUTERS, Violeta Santos Moura LONDON, Reuters, Altice USA, Altice, Bouygues Telecom, Banco Espírito Santo, Public, Thomson Locations: Paris, France, Moroccan, Europe, United States, Portugal, Israel, Dominican Republic, Orange, Altice France, Banco Espírito, Portuguese, New York, London

☆ The secret side of the Mediterranean – by boat in Turkey
▼ + stars: | 2023-08-07 | by ( Rob Hodgetts | ) edition.cnn.com time to read: +10 min

Tropez of Turkey,” but there are plentiful nooks and crannies to discover away from the crowds. Jetties jut into the emerald water enticing boat crews to dine at the small tavernas, including Captain Ibrahim’s and Rosemary Restaurant. Across the gulf on its own peninsula is pretty waterfront town Bozburun, known for its thyme honey, sponge fishing and traditional boat builders. Bestas Limani is known as Cold Water Bay as it's fed by chilly mountain springs. To the south of Fethiye is Bestas Limani, more commonly known as Cold Water Bay because of the cold springs that flow from the mountains.

Persons: Ada, Tropez of, Captain Ibrahim’s, Rosemary, Cleopatra, Mark Antony, Aphrodite, Sleepy Selimiye, Marmaris, Bükü, Mattia Sobieski, St, Nicholas –, – Organizations: CNN, Baba, Q Locations: Coast . Gulf, Gökova, Yalıkavak, Gümüşlük, Kalymnos, Fenerci, Kos, St, Tropez, Tropez of Turkey, ”, Bodrum, Orak, Maldives, North Africa, Kedrai, Değirmen, Knidos, Hisarönü, Simi, bougainvillea, Turkey, Palamut, Bençik Bay, Loryma, Hellenic, Çiftlik, Marmaris, Ekinçik, Kaunos, . Gulf, Fethiye, imageBROKER.com, Telmessos, Turkish, Tersane, Ottoman, Ruin, Wall, Kayaköy, Lausanne, Gemiler

☆ Donald Trump’s Way of Speaking Defies All Logic - The New York Times
▼ + stars: | 2023-08-04 | by ( Michael Wolff | ) www.nytimes.com time to read: +3 min

The chaos he creates is his crime; there is, however, no statute against upsetting the dependable order. Many Democrats have come to assume that the dastardly effect of Mr. Trump’s political success must mean that he has an evil purpose. During his trials, prosecutors will try to establish that precise link. He is being pursued under several broad, ill-defined statutes like the Espionage Act, RICO, conspiracy and obstruction of justice. I’d guess that the Trump opposition doesn’t much care which it is — nefarious or spontaneous — but are only grateful that Mr. Trump, in his startling transparence, has foolishly hoisted himself by his own petard.

Persons: —, Donald Trump, Michael Cohen, Stormy Daniels, Jack Smith, Fani Willis, Alvin Bragg, Trump Organizations: Democrats, Capitol, Electoral, Trump

☆ KFC is getting an unexpected boost from Trevor Noah's love of breakfast chicken
▼ + stars: | 2023-08-02 | by ( Grace Mayer | ) www.businessinsider.com time to read: +2 min

KFC's "eat fried chicken for breakfast" campaign with Trevor Noah seems to be boosting sales. The campaign, which was launched in South Africa, has lead to strong sales growth, as noted in Yum Brand's earnings call Wednesday. KFC same store sales rose 13%, adding a huge boost to Yum Brands' overall sales. Yum Brand's, which owns KFC, attributed strong sales in South Africa to a chicken campaign with comedian Trevor Noah during the company's earnings call on Wednesday. The brand recently launched chicken nuggets to expand the brand's off-the-bone offerings.

Persons: Trevor Noah, Noah, Bell Organizations: KFC, Yum Brands, Service Locations: South Africa, Wall, Silicon, China, East

☆ Ukraine is 3D printing bombs to keep up with its battlefield demands, says report, with some costing as little as $3.85
▼ + stars: | 2023-08-02 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +4 min

Ukraine is using 3D-printed "candy bombs" against Russian forces, The Economist reported. The Economist reported that Ukraine has turned to "candy bombs" amid weapons and ammunition shortages, with the publication speaking to several different amateur groups involved in the task. Bigger 3D-printed bombs are also reportedly in use in Ukraine. Ukraine has reported shortages of key ammunition as it pushes back against Russia's full-scale invasion, which started in February 2022. But Ukraine's stocks of raw explosives remain high, The Economist reported, allowing for battlefield innovation like the 3D-printed candy bombs.

Persons: Janis Ozols Organizations: Russian, Service, Economist, Washington Post, Russia's Locations: Ukraine, Wall, Silicon, Kyiv, Latvia, Europe, Ukraine's, Donetsk, Ukrainian

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