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☆ What’s a Barranca? U.S. Open Golfers Hope They Don’t Find Out.
▼ + stars: | 2023-06-15 | by ( Bill Pennington | ) www.nytimes.com time to read: +1 min

The barranca on the L.A. Country Club’s North Course comes into play repeatedly during the 18 holes, especially as protection in and around the greens. Errant golf balls that land inside the barranca may be unplayable and result in a one-stroke penalty. In other instances, expect to see competitors descending into the barranca with hopes of rescuing their golf balls. The L.A. Country Club barranca, however, is far from a random curio of the course layout. It serves an important, effective drainage role during rainy seasons and adds a natural, craggy aesthetic to the course design, which originated in the 1920s.

Persons: —, “ burr, Gil Hanse, Jim Wagner, Geoff Shackelford Organizations: Los Angeles Country, barranca Locations: U.S, Southern California

☆ Huwara: The settler attack on this West Bank town was called a 'pogrom' by Israel's military. Videos show soldiers did little to stop it
▼ + stars: | 2023-06-15 | by ( Gianluca Mezzofiore Celine Alkhaldi Abeer Salman Nima Elbagir | Gianluca Mezzofiore | Celine Alkhaldi | ) edition.cnn.com time to read: +22 min

Smoke rises over Huwara after Israeli settlers rampaged through the town, setting fire to homes, businesses and cars. Videos chronolocated at 8:25 p.m. show fire trucks and ambulances being stopped by Israeli soldiers at the roundabout leading to Huwara’s main street. Soon after, they returned with a group of Israeli soldiers in tow, Abdalmenem said. Israeli soldiers are now on permanent patrol of the town, periodically closing roads and forcing shops to shutter, according to residents, who said it is impacting their livelihoods. A man inspects the damage to a restaurant following a reported attack by Israeli settlers in Huwara on March 28.

Persons: ”, Herzi Halevi, “, Bezalel Smotrich, Nawal Dumeidi, Eyal Warshavsky, Hillel Menachem Yaniv, Ya’acov, Hillel, Yagel, Ilia Yefimovich, Kfar Tapuach, FakeReporter, Limor Son, —, Itamar Ben Gvir’s Otzma, Zvi Sukkot, Gil Cohen, Achiya Schatz, Huwara, Ronen Zvulun, ” Schatz, Hisham K, Abu Shaqra, Ziad Dumaidi, Dumaidi, Hana Abu Saris, Ronaldo Schemidt, ” Dumeidi, Sameh, Abdalmenem, Aqtash, Benjamin Netanyahu, Jaafar Ashtiyeh, won’t, Tzvi, Sukkot’s, Gabòr Friesen, Chris Osieck, ” Dumaidi, What’s Organizations: CNN, West Bank, Israel Defense Forces, IDF, Israel Border Police, Zionism, Magen, Getty, Reuters, Anadolu Agency, Palestine, Palestinian Civil Defense, Red Crescent Society, Israeli, United Nations, Twitter, “ Locations: Huwara, ”, Har Bracha, Nablus, Palestinian, Yitzhar, Samaria, ” Israel, Judea, Tapuach, Jerusalem, AFP, Israel, WhatsApp, “, Dubai, Za’tara, Kfar Tapuach, West

☆ ‘Different Than What You Expect From a Los Angeles Golf Course’
▼ + stars: | 2023-06-14 | by ( Alan Blinder | Meg Oliphant | ) www.nytimes.com time to read: +1 min

For much of Collin Morikawa’s life, the Los Angeles Country Club was a mystery. “It’s demanding — it’s very different than what you expect from a Los Angeles golf course,” Morikawa said in an interview. The West Coast is known for Kikuyu grass and very sticky poa annua greens, bumpy greens in the afternoon. That’s not what Los Angeles Country Club is.”Instead, players will confront a course of Bermuda grass, with bentgrass on greens that Morikawa sees as PGA Tour-like because of their slopes and designs. This year’s Open will include five par-3 holes for the first time since 1947, when Lew Worsham beat Sam Snead in an 18-hole playoff at St. Louis Country Club.

Persons: Collin Morikawa’s, George C, Thomas Jr, Gil Hanse, Scottie Scheffler, “ It’s, ” Morikawa, Lew Worsham, Sam Snead Organizations: Los Angeles Country Club, United States, University of California, St, Louis Country Club Locations: Southern California, U.S, Berkeley, Los Angeles, Bermuda

More than 85% of the South Korean public oppose Japan’s plan, according to a survey last month by local pollster Research View. Seven in 10 people said they would consume less seafood if the wastewater release goes ahead. "We are getting more customers than usual lately and many of them seem worried about the planned wastewater release," he said. Social media posts talking about buying salt in large amounts and urging people to do the same have also gone viral. Order volumes and inquiries about buying salt have increased as of late, according to the local branches of the National Agricultural Cooperative Federation known as Nonghyup in Sinan County, a region famous for producing sea salt.

Persons: Japan's, Hyun Yong, gil, Daewoung Kim, Jimin Jung, Hyunsu Yim Organizations: sil, South, South Korea's Ministry of, Fisheries, “, country’s, Of Fisheries Cooperatives, National Agricultural Cooperative Federation, NHK, Thomson Locations: SEOUL, Fukushima, Seoul, Tokyo, Sinan County, South Korea, Insanaga, KS, Japan

☆ Astrud Gilberto, Who Shot to Fame With ‘The Girl From Ipanema,’ Dies at 83
▼ + stars: | 2023-06-06 | by ( Jim Farber | ) www.nytimes.com time to read: +1 min

Astrud Gilberto, whose soft and sexy vocal performance on “The Girl From Ipanema,” the first song she ever recorded, helped make the sway of Brazilian bossa nova a hit sound in the United States in the 1960s, died on Monday. Ms. Gilberto enjoyed a four-decade recording career, recording albums with celebrated musicians like James Last and Gil Evans as well as working with George Michael, Chet Baker and others. But her biggest success came with “The Girl From Ipanema,” written by Antonio Carlos Jobim and Luiz Bonfa, with English lyrics by Norman Gimbel. When Ms. Gilberto recorded that song, she was married to João Gilberto, the Brazilian singer and guitarist often referred to as the father of the bossa nova. In 1963, the two of them traveled from Rio de Janeiro to New York City, where he was set to record a joint album with the jazz saxophonist Stan Getz, who had already released three albums that mixed jazz with samba and bossa nova.

Persons: Astrud Gilberto, Paul Ricci, Gilberto’s, Marcelo, “, Gilberto, James Last, Gil Evans, George Michael, Chet Baker, Antonio Carlos Jobim, Luiz Bonfa, Norman Gimbel, Ms, João Gilberto, Stan Getz Organizations: Facebook Locations: United States, Brazilian, Rio de Janeiro, New York City

In their joint venture agreement, Baker Hughes says it uses C3.ai's solutions and also sells the product to companies in the oil and gas industry. CNBC's "Last Call" aired a report Thursday night on the investor lawsuit against C3.ai and the company's relationship with Baker Hughes. The lawsuit says the publicity about the massive Baker Hughes sales force "artificially inflated C3's stock" when the company first went public. Richard Drew | APIn an April 2023 filing, Baker Hughes announced it divested 1.7 million C3.ai shares, bringing its ownership to 6.9 million shares. Kerrisdale pointed to C3.ai's "highly conspicuous growth" in unbilled receivables, largely from Baker Hughes, and wrote that "accounting red flags abound with the Baker Hughes relationship."

Persons: Tom Siebel, Siebel, Thomas M, Chris J, Ratcliffe, it's, Baker Hughes, Logan Roy, Larry Ellison, Yasmin Khorram, Dan Brennan, We've, Brennan, he's, CNBC's, Reed Kathrein, Theranos, —, Kathrein, Richard Drew, they'd, unbilled, receivables, Siebel's, Ken Goldman, Goldman, Gil Luria, Davidson, Luria, Nick Wells, Scott Zamost, Sam Woodward, Tom Siebel's Organizations: Siebel Systems, Oracle, Bloomberg Tech Summit, Bloomberg, Getty, CNBC, Forbes, Siebel, C3, U.S . Department of Defense, Shell, Northern District of, SEC, Twitter, " Traders, New York Stock Exchange, AP, Point Capital Management, Spotify, C3 Energy, Revenue, Wall Locations: London, Redwood City , CA, Redwood City , California, Northern District, Northern District of California, unbilled receivables, Point

☆ Welcome to the final phase of software eating the world. SaaS companies beware, you're on the menu this time.
▼ + stars: | 2023-05-22 | by ( Stephanie Palazzolo | ) www.businessinsider.com time to read: +7 min

This could disrupt the way software is created, distributed, and used, VCs and startup founders say. This outcome would flip the traditional software industry on its head, calling into question the value of SaaS companies in a world where everyday people can build software themselves. "This is the final chapter of software eating the world, where a bunch of people can create enterprise software within the enterprise." A 'healthy pressure' for traditional SaaS providersTo be sure, the death of the traditional software company still seems a long way off. However, even skeptics admit that the threat of generative AI to traditional SaaS will push established software companies to prove their worth.

☆ Bank of Israel to raise rates 25 bps next week, may be last in cycle
▼ + stars: | 2023-05-18 | by ( Steven Scheer | ) www.reuters.com time to read: +2 min

Israel's annual inflation rate held steady at 5% in April versus expectations it would ease to 4.7%, and stayed well above an official annual target of 1-3%. Shal believes the cycle will end next week and expects rates to stay on hold for the rest of the year, before the Bank starts cutting them in early 2024. When it began hiking rates in April of 2022, the Bank of Israel had initially hoped its front-loading stance would be able to cap its key rate at around 3%. The inflation rate has stayed at at least 5% since last October and peaked at 5.4% in January. Bank Leumi Chief Economist Gil Bufman noted "the drop in inflation in Israel since its peak is low compared to the other countries".

☆ Vietnam Changed the Way This Jazz Man Heard the World
▼ + stars: | 2023-05-15 | by ( Dwight Garner | ) www.nytimes.com time to read: +1 min

EASILY SLIP INTO ANOTHER WORLD: A Life in Music, by Henry Threadgill and Brent Hayes EdwardsIt’s rare to come across a new Vietnam War memoir from a major publisher in 2023. Henry Threadgill’s “Easily Slip Into Another World” is an unusual entrant in the genre. For one thing, this astringent book is only in part about his war experience. In fact, “Easily Slip Into Another World” is so good a music memoir, in the serious and obstinate manner of those by Miles Davis and Gil Scott-Heron, that it belongs on a high shelf alongside them. But this memoir rises toward, and then falls away from, Threadgill’s war experience.

☆ Google just showed how Big Tech will win again in AI
▼ + stars: | 2023-05-12 | by ( Hugh Langley | ) www.businessinsider.com time to read: +6 min

OpenAI and other AI startups will struggle to match this reach, unless they team up with other tech giants, like Microsoft. After Google I/O this week, it's looking like AI will be another 80/20 situation where a few Big Tech companies benefit the most. Some examples:In Google Docs, ask Google's AI model to help you write a job description. For a Google Slides presentation with photos, you can ask the company's AI model to create speaker notes based on the images. Insider ran into a high-level Google product manager at the conference who'd just watched a developer presentation.

☆ Autonomous agents are Silicon Valley's latest AI obsession. Here's why pizza-ordering bots may be coming to a computer near you soon.
▼ + stars: | 2023-05-10 | by ( Stephanie Palazzolo | ) www.businessinsider.com time to read: +7 min

"Autonomous AI agents" are AI bots that can plan and prioritize to achieve user-provided goals. However, the rise of AI agents has sparked concerns around safety and the potential for AGI. From assistants to digital friendsHowever, AI doomsdayers don't have to be too worried yet — the performance of these AI agents have often been less than stellar. Without the proper guardrails, AI agents with unrestricted access to the Internet may similarly take unanticipated steps to complete its goals, like transferring money from a bank account. And sometimes, the misuse of AI agents is intentional, rather than accidental.

☆ Investors must wait for Fed for price discovery in commercial real estate, says Colliers U.S. CEO
▼ + stars: | 2023-05-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInvestors must wait for Fed for price discovery in commercial real estate, says Colliers U.S. CEOGil Borok, Colliers U.S. CEO, joins 'Squawk on the Street' to discuss Borok's viewpoint on the ability to finance for commercial properties, if there's any impact on commercial real estate from the bank failures and much more.

☆ 7. Anduril Industries
▼ + stars: | 2023-05-09 | by ( Cnbc.Com Staff | ) www.cnbc.com time to read: +3 min

Anduril Industries operates in an increasingly complex security environment, where science and technology innovation are needed for the U.S. military to keep an edge. Throughout 2022, defense technology specialist Anduril Industries supplied drones, artificial intelligence software and training to help the Ukrainian Armed Forces conduct surveillance and reconnaissance missions. With a recent round of venture financing directed toward cutting-edge autonomous militaristic products, Anduril Industries stands to help fill this gap and scale it up. Building on that acquisition, last year Anduril Industries partnered with the U.S. Special Operations Command on a 10-year, $967 million contract to provide systems for shooting down drones. Anduril also bought startup Dive Technologies, a maker of underwater vehicles, to expand its suite of autonomous vehicles.

☆ Shares of data analytics firm Palantir surge 22% on profit forecast
▼ + stars: | 2023-05-09 | by ( ) www.reuters.com time to read: +1 min

The data analytics software maker, known for its work with the U.S. Central Intelligence Agency, late on Monday reported quarterly results that beat Wall Street's expectations, lifted by bigger projects from existing commercial and government clients. The platform uses the same technology behind ChatGPT, the popular chatbot from OpenAI. The surge on Tuesday drove Palantir's stock to its highest price since mid-February and brings its gain in 2023 to 49%. Palantir's plan to turn quarterly profits throughout 2023, helped by cost cuts, opens the potential for it to join the S&P 500 (.SPX) index, D.A. More than $1.5 billion worth of Palantir's stock had been exchanged as of midday on Tuesday, putting it among Wall Street's 12 most traded stocks by turnover.

SAO PAULO, May 9 (Reuters) - Renowned Brazilian rock singer and songwriter Rita Lee, an icon of the Tropicalia artistic movement, died on Tuesday after a two-year battle with lung cancer, her family said. Her death brought an outpouring of tributes from artists, politicians and celebrities who cheered her trailblazing role in Brazilian rock. Rita Lee Jones de Carvalho was born on Dec. 31, 1947, in Sao Paulo, to a dentist of U.S. descent and a Brazilian pianist with Italian ancestry. Kicked out of Os Mutantes by Baptista, whom she had been married to, for supposed artistic differences, Lee played with the band Tutti Frutti in the 1970s. Rita Lee was diagnosed with lung cancer in 2021 and had been undergoing treatment since then.

The new generative AI platform was launched two weeks ago and works on the same technology that's behind ChatGPT. The first iteration of the AI platform will be made available to some customers this month, Palantir CEO Alexander Karp said, adding the new offering can assist militaries in targeting enemies. Palantir's first-quarter revenue rose 18% to $525.2 million and adjusted profit stood at 5 cents per share, both above estimates. Palantir continues to tighten its cloud spending and is investing in focus areas like AI, said finance chief David Glazer. The company forecast second-quarter revenue of $528 million and $532 million, below estimates of $536.2 million, per Refinitiv data.

May 8 (Reuters) - Data analytics software maker Palantir Technologies (PLTR.N) said on Monday it expects to turn a profit every quarter in 2023 weeks after launching its new artificial intelligence platform, sending its shares up about 28% in extended trading. Palantir's new generative AI platform works on the same technology that's behind ChatGPT. The interest in the new offering has been "unlike anything we have seen", CEO Alexander Karp said in a letter to shareholders, adding the AI platform can assist militaries in targeting enemies. The company forecast second-quarter revenue in the range of $528 million and $532 million, below estimates of $536.2 million, per Refinitiv data. Palantir continues to tighten its cloud spending and is investing in focus areas like AI, said Glazer.

☆ Allen, Texas shooting:New details emerge about Texas outlet mall shooter Mauricio Garcia as investigators continue to probe for motive
▼ + stars: | 2023-05-08 | by ( Josh Campbell Ed Lavandera Elizabeth Wolfe Sara Smart | Josh Campbell | Ed Lavandera | ) edition.cnn.com time to read: +8 min

Christian LaCour was working as a security guard in the mall when he was killed, his family said. Brianna SmithIn addition to an AR-15 style firearm and another weapon found with Garcia, police also discovered several more weapons in his car, the law enforcement source told CNN. Neighbors of an address matching that of Garcia’s parents told CNN that police and the FBI arrived at the home about an hour after the attack and had the street blocked off for several hours. As part of his work, Garcia received Level II and Level III security training. He found a surviving child whose mother had been struck and killed as she shielded him from bullets, Spainhouer told CNN affiliate KTVT.

May 4 (Reuters) - Shopify Inc (SHOP.TO), posted a surprise first-quarter profit on Thursday and said it would lay off 20% of its workforce in a second round of mass job cuts, sending its U.S.-listed shares more than 18.7% higher in early trade. The layoffs announced on Thursday are expected to result in a severance charge of between $140 million and $150 million in the second quarter. "Combined with the reduction in force, management is showing its commitment to profitability which investors had been concerned about," Luria added. Adjusted profit was 1 cent per share, compared with expectations for a 4 cent loss. Reporting by Chavi Mehta and Akshita Toshniwal in Bengaluru; Editing by Krishna Chandra EluriOur Standards: The Thomson Reuters Trust Principles.

☆ Spain's drought has pushed olive oil prices to a 26-year high — and they're expected to stick
▼ + stars: | 2023-05-04 | by ( Lee Ying Shan | ) www.cnbc.com time to read: +4 min

When renowned Spanish-American chef José Andrés tweeted that eggs should be fried in olive oil a finger deep, one user commented: "Olive oil can be expensive at a finger deep. "Aldi olive oil spread used to 99p. According to data from the International Monetary Fund, global olive oil prices have hit $5,989.8 per metric ton, marking a 26-year high. The outbreak of war in Ukraine, which created a global shortage in sunflower oil, pushed up the demand for olive oil even more. "The outbreak of war in Ukraine, which created a global shortage in sunflower oil, pushed up the demand for olive oil even more," he added.

☆ DA Davidson says this software stock has 'Buffett-esque' qualities and can surge nearly 40%
▼ + stars: | 2023-05-04 | by ( Sarah Min | ) www.cnbc.com time to read: +1 min

ZoomInfo Technologies is a "Buffett-esque" stock with big upside ahead, according to DA Davidson. ZI 1D mountain ZoomInfo Technologies shares 1-day ZoomInfo made its public debut in June 2020, jumping more than 60% in its first day on the Nasdaq. Since then, trading has been volatile for the software stock. The provider of sales software should also get a boost from tech layoffs that's expected to reduce sales departments. "We see the long-term opportunity not only from the base data product, but mostly from continued expansion as the leading Sales Enablement provider," Luria wrote.

☆ Shopify tried to challenge Amazon in logistics. It never came within 100 miles. Was it all a waste?
▼ + stars: | 2023-05-04 | by ( Emma Cosgrove | Madeline Stone | ) www.businessinsider.com time to read: +7 min

Shopify is selling most of its logistics business to freight unicorn Flexport in an all stock deal. Though Shopify's logistics journey began in 2019 as Shopify Fulfillment Network, the current iteration is less than a year old, and investors had become wary of the level of investment that getting the outfit into competitive shape would take. The acquisition was previously considered key to Shopify's fulfillment ambitions, and its team has been involved in the company's efforts to develop fulfillment software. Derek Lossing, an Amazon Logistics alum-turned investment advisor with Cirrus Global Advisors, said an acquisition-driven strategy may have been the right course — especially when the alternative involved contracting with legacy logistics players, which can take months. To some, the question of whether Shopify's layover into logistics was a waste of talent, time, and resources, can't be answered until Flexport takes hold and Clark flexes the muscles he gained building Amazon Logistics.

May 4 (Reuters) - Two prominent former Google (GOOGL.O) researchers who authored the groundbreaking paper that paved the way for the generative AI boom, have raised $8 million for their new startup Essential AI, four sources told Reuters. Thrive Capital had led the round in Essential AI, founded by Ashish Vaswani and Niki Parmar. Thrive Capital, founded by Joshua Kushner, is also an investor in Microsoft-backed OpenAI. Essential AI aims to build software for enterprises to use large language models, the core software of a new artificial intelligence system that has powered generative AI applications such as ChatGPT, sources said. The raise came after Vaswani and Parmar left Adept AI, a company they also co-founded in 2021 with former Google director David Luan.

☆ Biden set to address White House Correspondents Dinner
▼ + stars: | 2023-04-29 | by ( Maegan Vazquez | ) edition.cnn.com time to read: +9 min

But undoubtedly, a White House official told CNN, his speech will address the issue of wrongfully detained Americans abroad. US President George W. Bush, left, waves with impressionist Steve Bridges at the White House Correspondents' Dinner in 2006. Roger L. Wollenberg/Pool/Getty Images The White House Correspondents' Dinner is held in 1923. It was started two years earlier by the White House Correspondents' Association, the organization of journalists who cover the president. Roosevelt was congratulating Brandt for winning the first Raymond Clapper Memorial Award, which was given by the White House Correspondents' Association for distinguished reporting.

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