DIRS.INFO The most relevant business & tech news

☆ Container explodes on cargo ship at China's key Ningbo port
▼ + stars: | 2024-08-09 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +1 min

An aerial photo is showing containers at Beilun Port in Ningbo, Zhejiang province, China, on April 11, 2024. BEIJING — A hazardous goods container exploded Friday on a cargo ship in China's high-traffic Ningbo port, Taiwanese vessel owner Yang Ming Marine Transport Corp. told CNBC in a statement. State-owned port operator Ningbo-Zhoushan said the ship was docked at the Beilun 2 container terminal, according to a post on Chinese social media. The port operator and Yang Ming both said the cause of the incident was not yet clear. Ningbo-Zhoushan is China's second-highest traffic port, located in eastern China's Zhejiang province.

Persons: Yang, Zhoushan, Yang Ming, Ruxandra Iordache Organizations: Yang Ming Marine Transport Corp, CNBC, YM, Shanghai Locations: Port, Ningbo, Zhejiang province, China, BEIJING, Liberia, Zhoushan, China's Zhejiang, Shanghai, Singapore

☆ I moved from the US to Spain, where life is more affordable and relaxed. I finally feel like I belong.
▼ + stars: | 2024-08-08 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +9 min

I always say that that trip to Spain was my Goldilocks moment: I finally found where I belonged. It took years before I moved to SpainIn my 20s, I didn't see a clear path to living in Spain. AdvertisementAt 26, I moved to Spain to teach English for a year but then returned to Texas. AdvertisementBecoming a citizen felt like a major achievement because I had dreamed of living in Spain since I was 21. Courtesy of Cepee TabibianI would say I adapted pretty quickly to living in Spain since I had visited in the past.

Persons: —, Cepee Tabibian, I'm, I've, it's, It's Organizations: Service, Business, New, Facebook, Lake Como Locations: Houston, Spain, Europe, Texas, Netherlands, Madrid, America, Tabibian, Marbella, Austin, Malaga, New York City, Berlin, London, Paris, Barcelona, Valencia, €, Spanish, Canada, Lake, Italy

☆ JPMorgan's Jamie Dimon thinks people overreact too much about market fluctuations
▼ + stars: | 2024-08-08 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +1 min

Meanwhile, the Federal Reserve is eyeing a potential interest rate cut in September. JPMorgan CEO Jamie Dimon thinks those two events aren't as significant as many think. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy .

Persons: Jamie Dimon, —, CNBC's Organizations: Federal, JPMorgan, Service, Federal Reserve, Bank of, Business

☆ JD Vance said migrants are the reason it's so expensive to rent or buy homes. He's wrong.
▼ + stars: | 2024-08-07 | by ( Alcynna Lloyd | Eliza Relman | ) www.businessinsider.com time to read: +5 min

With ongoing affordability challenges exacerbated by high interest rates and inflated home values, housing is a major concern for Americans across the political spectrum. "When I talk to Americans, one of the biggest concerns I hear is, 'Why are housing costs so high?' In the past, Vance has blamed the housing affordability crisis largely on high interest rates. Many economists disagree with Vance's argument about the source of the housing affordability crisis and his solution to it. They've also blamed the current administration for relatively high interest rates, which are determined by the independent Federal Reserve and designed to control inflation.

Persons: —, JD Vance, Vance, Sean Hannity, Kamala Harris, Daryl Fairweather, Fairweather, hasn't, Ned Davis, There's, Donald Trump's, Biden, Harris, They've Organizations: Service, Fox News, Republican, Business, Federal Reserve, Ned Davis Research, Trump Locations: Ukraine

☆ Attorneys say Austin violated military rules in halting deal for alleged 9/11 conspirators
▼ + stars: | 2024-08-07 | by ( Haley Britzky | ) edition.cnn.com time to read: +8 min

Wednesday’s pretrial hearing, which has been scheduled for months, followed a whiplash decision by Austin to revoke a plea deal that had been announced just two days prior last week. “What he did was illegal,” Eugene Fidell, who teaches military justice at Yale University and co-founded the National Institute of Military Justice, told CNN. But Sowards argued Wednesday that by revoking the deal, Austin was actually doing more harm to the families. While the terms of the pretrial agreement had not been released publicly, among them was the assurance that the detainees would answer questions by 9/11 victim family members. Sowards said family members had already “been submitting questions in good faith,” and expecting answers in return as part of the deal.

Persons: Lloyd Austin, ”, ” Walter Ruiz, Mustafa Ahmed Adam al Hawsawi, Austin, Susan Escallier, Khalid Shaikh Mohammad, Walid Muhammad Salih Mubarak Bin ‘ Attash, Ruiz, “, ” Austin, ” Eugene Fidell, Gary Sowards, Mohammad, ” Sowards, Clayton Trivett, ’ ”, Austin “, Antony Blinken, “ I’m, Sowards, Wells Dixon, Majid Khan, Khan, Dixon, ” Dixon, Eugene Fidell’s Organizations: CNN —, Defense, Guantanamo, Pentagon, White, White House, Yale University, National Institute of Military, CNN, Military Commissions, Austin, Military, Australian, American, ”, Center for Constitutional Rights Locations: Guantanamo, Austin, Belize

Beirut, Lebanon CNN —Hezbollah leader Hassan Nasrallah said his group will respond to Israel “regardless of the consequences” to avenge the assassination of the group’s top commander a week ago, but keeping Israelis waiting is “part of the punishment.”“Their government, their army, their society, their settlements and their occupiers are all waiting,” Nasrallah said. Keeping Israel waiting is “part of the battle,” he added. The monthslong, cross-border exchange of fire intensified Tuesday morning after Hezbollah launched a “swarm” of drones towards what it said are military targets in northern Israeli cities. The Israeli military said the building was used by Hezbollah. Iran’s Supreme Leader Ali Khamenei and his Islamic Revolutionary Guard promised Israel a “painful” response for the killing of Haniyeh in Tehran.

Persons: Hassan Nasrallah, ” “, ” Nasrallah, ”, Fuad Shukr, Ismail Haniyeh, Ali Khamenei, Israel, Asad, Defense Lloyd Austin, Antony Blinken, Haniyeh Organizations: Lebanon CNN, CNN, Israel Defense Forces, Iran’s, Islamic Revolutionary Guard, Al, Pentagon, Defense, Officials, Organization of Islamic Cooperation Locations: Beirut, Lebanon, Israel, Nahariya, Iran, Shukr, Tehran, Haniyeh, Asad Airbase, Iraq, Jordanian, Jeddah

☆ Sam Altman and generative AI can't be trusted, says leading expert
▼ + stars: | 2024-08-05 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +1 min

Gary Marcus, founder of Geometric Intelligence, testified before the Senate with Sam Altman in 2023. Once hopeful of Altman, Marcus now says that the OpenAI CEO can't be trusted. The AI expert also wrote in The Guardian that we're on the wrong path to AI. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . But a leading AI expert says the CEO's actions contradict his public pronouncements, and the current path to AI is headed in the wrong direction.

Persons: Gary Marcus, Sam Altman, Altman, Marcus, — Organizations: Geometric Intelligence, Guardian, Service, Intelligence, Business Locations: OpenAI

Editor’s Note: A version of this story appears in CNN’s Meanwhile in the Middle East newsletter, a three-times-a-week look inside the region’s biggest stories. Such escalation could also jeopardize efforts to reach a ceasefire in Gaza and release hostages, despite recent progress in negotiations. Israeli Defense Minister Yoav Gallant and US Secretary of Defense Lloyd Austin discussed comprehensive security strategies to protect Israel, according to a statement on Monday. Israel was considering its options to prepare for a regional attack over the weekend. The country braces for war in its own way and tends to pick up after itself.

Persons: Ayatollah Ali Khamenei, Ismail Haniyeh, ”, Israel, Israel hasn’t, “, Yoav Gallant, Defense Lloyd Austin, Michael Kurilla, Kurilla, Ayman Safadi, Badr Abdelatti, Ali Bagheri Kani, ‘, Masoud Pezeshkian, Safadi, Nasser Kanaani, Fu’ad Shukr, Majdal Shams, Hassan Nasrallah, Benjamin Netanyahu, ” “, ” Netanyahu, Ali Bagheri, Netanyahu, Gallant, Daniel Hagari, Lebanon scrambledto, floaties, Samer Othman, Jalaa Marey, Othman, Liz Nicholas, David Adom, Be’er, Ivana Reiser, Zeev Jabotinsky, Naama, ” Be’er, ” Baer, Reiser, Roy Dror, Ron Heckmann, they’re, Dror, ” Heckmann, Uri Shacham, Shacham Organizations: Jerusalem CNN —, Iran’s, Islamic Revolutionary Guard Corps, Saturday, US, Israeli, Defense, US Central Command, Jordanian, Egypt’s, Zionist, Israel, Iran, Sunday, Getty Images Israel, Hezbollah, CNN, Mount, Mount Herzl Military, Getty, MDA Locations: Beirut, Tel Aviv, Jerusalem, Israel, Iran, Tehran, Lebanon, Gaza, United States, Syria, Majdal, Golan, ”, AFP, Cairo, Lebanese, Beirut’s, Mount Herzl, London, Nahariyah

☆ ‘Several’ US personnel injured in rocket attack on Iraq base
▼ + stars: | 2024-08-05 | by ( Haley Britzky | ) edition.cnn.com time to read: +2 min

CNN —Several US personnel were injured in a suspected rocket attack Monday against US and coalition forces at Al-Asad Airbase in Iraq, a US defense official said. “We can confirm that there was a suspected rocket attack today against US and Coalition forces at Al-Asad Airbase, Iraq,” the official said. While it’s unclear who carried out the rocket attack on Monday, US officials have long blamed attacks on troops in Iraq and Syria on Iran-backed militia groups. Deputy Pentagon Press Secretary Sabrina Singh said last month after a drone attack on Al-Asad that it was “most likely” carried out by Iranian-supported groups. Between October 17 and January 29, there were more than 150 attacks on US personnel in Iraq and Syria.

Persons: Asad, Ismail Haniyeh, Haniyeh, Lloyd Austin, Sabrina Singh, ” Singh, ” Biden Organizations: CNN, US, Coalition, Base, Pentagon Locations: Al, Asad Airbase, Iraq, Israel, Tehran, Lebanon, Beirut, Syria, Iran, Jordan, United States

☆ Some of Saudi Arabia's 15 stadiums proposed for the 2034 FIFA World Cup look straight out of a video game
▼ + stars: | 2024-08-04 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +1 min

FIFA unveiled Saudi Arabia's plans for the 2034 FIFA World Cup. One of the stadiums will be built inside the country's ambitious eco skyscraper, The Line. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementFIFA released Saudi Arabia's ambitious plans for the 2034 World Cup, and it involves building 11 new stadiums, including a 46,000-seat venue inside the country's planned horizontal skyscraper, The Line.

Persons: — Organizations: FIFA, Service, Saudi, Business Locations: Saudi, Saudi Arabia

☆ How the 9/11 Plea Deal Came Undone
▼ + stars: | 2024-08-04 | by ( Carol Rosenberg | Eric Schmitt | ) www.nytimes.com time to read: 1 min

In the space of three days last week, the Sept. 11 case was rocked by two decisions that stunned victims’ families and jolted a political debate. First, a Pentagon official authorized a plea agreement meant to resolve the case with lifetime sentences. Then, Defense Secretary Lloyd J. Austin III abruptly canceled the deal, reviving the possibility that the man accused of planning the attacks, Khalid Shaikh Mohammed, and two accused accomplices could someday face a death penalty trial. Suddenly, a case that had mostly drifted from public consciousness in 12 years of pretrial proceedings was back in the spotlight and no closer to the trial that some relatives of the nearly 3,000 victims had been aching for at Guantánamo Bay. This account of those fateful three days is based on interviews and conversations with Pentagon officials, Sept. 11 family members and parties to the case.

Persons: Lloyd J, Austin III, Khalid Shaikh Mohammed Organizations: Pentagon Locations: Guantánamo

☆ U.S. increasing military presence in Middle East after Hamas leader's killing
▼ + stars: | 2024-08-03 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Courtney-Kube-Circle-Byline-Template.Jpg | Courtney Kube | ) www.nbcnews.com time to read: +3 min

Defense Secretary Lloyd Austin on Friday ordered more destroyers and other military forces to the Middle East following this week’s assassination of Hamas’ political leader in Iran, the military said. The U.S. military statement does not specifically mention Haniyeh's killing. "The Department is also taking steps to increase our readiness to deploy additional land-based ballistic missile defense," the Pentagon statement said. Israel declared war against Hamas and its leaders after the Oct. 7 attacks launched from Gaza, which Hamas controls. Israel’s military has declared the Hamas leader in Gaza, Yahya Sinwar, a "dead man walking."

Persons: Lloyd Austin, Theodore Roosevelt —, Ismail Haniyeh, Sabrina Singh, Haniyeh, ”, Singh, Austin, Israel, Yahya Sinwar, Yoav Gallant, Benjamin Netanyahu Organizations: USS Lincoln, Department of Defense, Pentagon, Hamas, U.S . European Command, U.S . Central Command, USS, Israel, Defense Department Locations: Iran, —, U.S, Israel, Gaza, USS Lincoln, Lebanese

WASHINGTON — Defense Secretary Lloyd Austin on Friday withdrew the plea deal for the three men accused of planning the 9/11 attacks. Austin announced the move in a letter addressed to Susan Escallier, the convening authority for military commissions, who had worked to negotiate the deal. "Effective immediately, I hereby withdraw your authority in the above-referenced case to enter into a pre-trial agreement and reserve such authority to myself," Austin said in the letter. Officials said on Wednesday that Khalid Sheikh Mohammed, Walid Muhammad Salih Mubarak Bin ‘Attash and Mustafa Ahmed Adam al Hawsawi had reached plea agreements. The three men were expected to plead guilty to lesser charges that would prevent them from receiving the death penalty.

Persons: Lloyd Austin, Austin, Susan Escallier, Khalid Sheikh Mohammed, Walid Muhammad Salih Mubarak Bin ‘ Attash, Mustafa Ahmed Adam al Hawsawi Organizations: WASHINGTON —, Friday

☆ Elizabeth Warren says Jerome Powell needs to come back from vacation and cut interest rates now
▼ + stars: | 2024-08-03 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +1 min

Sen. Elizabeth Warren has been a vocal critic of Fed Chair Jerome Powell's interest-rate hikes. Friday's weak jobs report suggests the Fed may have kept interest rates high for too long. Warren grilled Powell on X and said the time to cut interest rates is now. AdvertisementSen. Elizabeth Warren is grilling Federal Reserve Chair Jerome Powell on social media following Friday's weak jobs report that showed a jump in the unemployment rate and a slowdown in hiring. In an X post on Friday, the Massachusetts senator said that Powell "made a serious mistake not cutting rates" in light of the jobs report.

Persons: Sen, Elizabeth Warren, Jerome Powell's, Warren, Powell, —, Jerome Powell, He's Organizations: Service, Business Locations: Massachusetts

☆ A millennial transformed a house into her pink '90s dream home with a movie theater and arcade. Now she has to sell.
▼ + stars: | 2024-08-03 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +3 min

Go to newsletter preferencesSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. She's painted her front door and shutters pink, and placed pink flamingo figurines on either side of the path that leads to it. This story is available exclusively to Business Insider subscribers. AdvertisementShe asked to be referred to by her social-media name for privacy reasons, but Business Insider has verified her identity. But when another supplier started selling a suspiciously similar version of her cup-holder purses on Amazon, Gabrielle started struggling financially.

Persons: —, Kate Gabrielle, She's, Instagram, Gabrielle, she's, It's, I've Organizations: Service, Business Locations: Hamilton , New Jersey, Trenton

Some American warships already in the Mediterranean will move closer to the coast of Israel, according to a senior Pentagon official. The killing of the Hamas leader, Ismail Haniyeh, in an explosion at a military-run guesthouse in Tehran on Wednesday, was a stunning breach of security in the Iranian capital. Iran arrested more than two dozen people, including senior intelligence officers, in response. The country’s supreme leader, Ayatollah Ali Khamenei, has issued an order for Iran to strike Israel directly for the killing, according to Iranian officials. “We will be bolstering our force protection in the region,” she said.

Persons: Lloyd J, Austin III, Ismail Haniyeh, Ayatollah Ali Khamenei, Benjamin Netanyahu, Israel, Sabrina Singh, Austin, Yoav Gallant, Austin “, ”, “, Mr, Haniyeh Organizations: . Defense, American, Pentagon Locations: Israel, Iran, Tehran, Qatar, Gaza, United States, Yemen, Iraq

☆ US sending aircraft carrier, warships and fighter squadron to Middle East as region braces for Iranian retaliation
▼ + stars: | 2024-08-02 | by ( Oren Liebermann | ) edition.cnn.com time to read: +1 min

CNN —The US is sending a carrier strike group, a fighter squadron and additional warships to the Middle East as the region braces for an Iranian retaliation to the killing of a senior Hamas leader in Tehran earlier this week. Defense Secretary Lloyd Austin ordered the USS Abraham Lincoln strike group to replace the USS Theodore Roosevelt strike group, which is currently operating in the Gulf of Oman, according to a statement from Pentagon deputy press secretary Sabrina Singh. In addition, destroyers and cruisers capable of ballistic missile defense will also be sent to the Middle East and the Mediterranean Sea. Austin also ordered the deployment of a fighter squadron to the region, Singh said. Iran has vowed to attack Israel for the assassination of Hamas political leader Ismail Haniyeh in Tehran.

Persons: Lloyd Austin, Abraham Lincoln, Theodore Roosevelt, Sabrina Singh, Austin, Singh, Israel, Ismail Haniyeh Organizations: CNN, Defense, Pentagon, Israel, USS, 24th Marine Expeditionary Unit Locations: Tehran, Gulf of Oman, Iran, Lebanon, Tehran . Israel

☆ Defense Secretary Revokes Plea Deal for Accused Sept. 11 Plotters
▼ + stars: | 2024-08-02 | by ( Carol Rosenberg | ) www.nytimes.com time to read: +1 min

Defense Secretary Lloyd J. Austin III on Friday overruled the overseer of the war court at Guantánamo Bay and revoked a plea agreement reached earlier this week with the accused mastermind of the Sept. 11, 2001, attacks and two alleged accomplices. Gen. Susan K. Escallier, signed a pretrial agreement on Wednesday with Mr. Mohammed, Walid bin Attash and Mustafa al-Hawsawi that exchanged guilty pleas for sentences of at most life in prison. In taking away the authority, Mr. Austin assumed direct oversight of the case and canceled the agreement, effectively reinstating it as a death-penalty case. He left Ms. Escallier in the role of oversight of Guantánamo’s other cases. Because of the stakes involved, the “responsibility for such a decision should rest with me,” Mr. Austin said in an order released Friday night by the Pentagon.

Persons: Lloyd J, Austin III, Khalid Shaikh Mohammed, Susan K, Escallier, Mohammed, Walid bin Attash, Mustafa al, Austin, ” Mr Organizations: Pentagon, Defense Department Locations: Guantánamo, New York City, Pennsylvania, Brig

☆ Opinion | The Gaza Conflict Enters ‘Uncharted Territory’
▼ + stars: | 2024-08-02 | by ( Serge Schmemann | ) www.nytimes.com time to read: +2 min

He was right; war is never inevitable until it breaks out. He was killed by an explosive device planted in an Iranian guesthouse weeks earlier, and both Iran and Hamas accused Israel of doing it. For Iran, the killing of a senior Hamas leader while he was attending the inauguration of the new Iranian president was a humiliation that the supreme leader, Ayatollah Ali Khamenei, declared it was “our duty” to avenge. Mr. Haniyeh, moreover, was a top Hamas negotiator in cease-fire talks, raising questions about whether those negotiations would be put on a long hold. Nonetheless, Mr. Austin, who was on a visit to the Philippines, went on to suggest that there was still room for diplomacy.

Persons: Lloyd Austin, Israel, Fuad Shukr, Ismail Haniyeh, Ayatollah Ali Khamenei, ”, Haniyeh, Austin, Antony Blinken Organizations: ”, Mr Locations: Beirut, Lebanon, Tehran, Israel, Iran, United States, Philippines, Asia

☆ Defense secretary abruptly revokes plea deal with alleged 9/11 mastermind KSM, co-conspirators
▼ + stars: | 2024-08-02 | by ( Oren Liebermann | Evan Perez | ) edition.cnn.com time to read: +5 min

CNN —Defense Secretary Lloyd Austin abruptly revoked a plea deal for the alleged mastermind of the September 11, 2001, terror attacks and his co-conspirators, and he relieved the overseer in charge after years of effort to reach an agreement to bring the cases to a close. Prosecutors in the case had been discussing the possibility of a plea deal for more than two years, which would have avoided a lengthy trial complicated by questions over the admissibility of evidence obtained during torture. The US had said it would seek the death penalty for Mohammed. US criminal courts for decades have dealt with high profile terror trials, including with death sentences, which Holder had authorized. “They were dealt a bad hand by political hacks and ideologues who lost faith in our justice system.

Persons: Lloyd Austin, Austin, Khalid Sheikh Mohammed, Walid Bin ‘ Attash, Hawsawi –, Susan Escallier, ” Austin, Mohammed, ”, Brett Eagleson, Democratic Sen, Richard Blumenthal, ” Sen, Lindsey Graham, “, George W, Bush, Eric Holder, Barack Obama’s, Holder, ” Holder, Daniel Pearl, ideologues, CNN’s Manu Raju, Morgan Rimmer Organizations: CNN —, Pentagon, Prosecutors, Democratic, Richard Blumenthal of Connecticut, CNN, South Carolina Republican, Wall Street Journal Locations: Guantanamo, Pearl, Richard Blumenthal of, Manhattan, Pakistan

☆ U.S. Poised to Send More Combat Aircraft to Middle East, Officials Say
▼ + stars: | 2024-08-02 | by ( Eric Schmitt | More About Eric Schmitt | ) www.nytimes.com time to read: +1 min

The United States is preparing to send additional combat aircraft to the Middle East in response to threats from Iran and its proxies in Gaza, Lebanon and Yemen to attack Israel in the coming days to avenge the death of Ismail Haniyeh this week, American officials said on Friday. How many planes to send is still being worked out, as are final approvals from senior officials including Defense Secretary Lloyd J. Austin III. Officials said they were seeking to calibrate the American response to send enough of the right types of aircraft as quickly as possible to help defend Israel without appearing to escalate the conflict. Iran fired more than 300 drones and missiles against Israel in a major attack in April, but only a handful got through, causing only slight damage. U.S. Air Force jets based in Jordan and in Saudi Arabia coordinated with French, Jordanian and British Air Force fighters to shoot down more than 80 drones.

Persons: Israel, Ismail Haniyeh, Lloyd J, Austin III Organizations: U.S, Defense, U.S . Air Force, French, British Air Force Locations: States, Iran, Gaza, Lebanon, Yemen, Israel, U.S, Jordan, Saudi Arabia, Jordanian

☆ Apple just bought itself some time
▼ + stars: | 2024-08-01 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +1 min

Apple reported a decline in iPhone revenue for its third quarter. With its Q3 results, Apple just bought itself some time before it has to show payoffs on AI. AdvertisementApple may have just bought itself some time to show off any returns from its big artificial intelligence investments despite a decline in its critical iPhone business for the third quarter. The company reported on Thursday that Q3 revenue from iPhone sales was $39.3 billion, down year-on-year from $39.67 billion. This story is available exclusively to Business Insider subscribers.

Persons: — Organizations: Apple, Service, Huawei, Business Locations: China

☆ Mark Zuckerberg has brilliantly cornered us
▼ + stars: | 2024-08-01 | by ( Lloyd Lee | Hasan Chowdhury | ) www.businessinsider.com time to read: +5 min

Read previewMark Zuckerberg looks poised to dominate the AI adoption race thanks to a technicality: Meta has three billion-plus captive users who have no choice but to use it. As the company reported second-quarter earnings on Wednesday, Zuckerberg gloated about Meta AI — its AI assistant rolled out earlier this year — being "on track to achieve our goal of becoming the most used AI assistant by the end of the year." Related storiesIn effect, then, that gives Zuckerberg a lot of engaged users to introduce AI-powered technology to. Meta's family of apps now has 3.27 billion daily active users. Zuckerberg also seems intent on showing users that AI can inherently make their experience of his apps vastly better.

Persons: —, Zuckerberg, It's, Mike Proulx, Forrester, WhatsApp, Susan Li Organizations: Service, Harvard, Business, Meta, Facebook, Apple, Apple Intelligence, OpenAI

☆ The US tried to secure Alexey Navalny's release in a historic prisoner swap with Russia before his death
▼ + stars: | 2024-08-01 | by ( Lloyd Lee | Kelsey Vlamis | ) www.businessinsider.com time to read: +1 min

Several countries, including the US, carried out a major prisoner swap with Russia on Thursday. The US wanted Alexey Navalny, Putin's most vocal political dissident, to be part of the deal. The Wall Street Journal reported that Putin was open to the idea before Navalny's death in a Russian prison. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementVladimir Putin was open to releasing Alexey Navalny, the Russian leader's fiercest critic and political rival whose unexpected death in an Arctic penal colony sparked international backlash, as part of Thursday's historic prisoner swap, according to The Wall Street Journal.

Persons: Alexey Navalny, Putin, —, Vladimir Putin, Evan Gershkovich, Paul Whelan, Alsu Kurmasheva, Vladimir Kara, Murza Organizations: Russia, Street Journal, Service, Wall Street Journal, Street, Washington Post, Business Locations: Russian, American

☆ Wealthy people keep ditching California and New York for Florida and Texas — but their moves could actually hurt the South's biggest draw
▼ + stars: | 2024-08-01 | by ( Alcynna Lloyd | Noah Sheidlower | ) www.businessinsider.com time to read: +1 min

High-earning Americans are ditching New York and California for Florida and Texas, a study found. Southern states attract wealthier people in part because of their relatively lower cost of living. 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 . This story is available exclusively to Business Insider subscribers.

Persons: — Organizations: Service, Business Locations: New York, California, Florida, Texas, Southern, American

Search resuls for: "lloyd"

25 mentions found