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☆ Rural hospitals keep getting attacked by cybercriminals. Microsoft and Google are working to fix that
▼ + stars: | 2024-06-10 | by ( Sean Lyngaas | Michelle Watson | ) edition.cnn.com time to read: +4 min

CNN —Microsoft and Google will offer free or discounted cybersecurity services to rural hospitals across the United States to make them less vulnerable to cyberattacks that have disrupted patient care and threatened lives, the White House and Microsoft said Monday. Microsoft said in a statement to CNN that it would provide free security updates for eligible rural hospitals, as well as security assessments and training for hospital staff. Google will provide free cybersecurity advice to rural hospitals and start a pilot program to match the firm’s cybersecurity services with the needs of rural hospitals, Anne Neuberger, the top cyber official at the White House National Security Council, told reporters on Sunday. The nation’s roughly 1,800 rural community hospitals are among the most vulnerable to dangerous ransomware attacks because they often lack IT security resources and cybersecurity-trained staff. “We do see a much more permissive environment in Russia by both hacktivists and criminals, and it’s of concern,” Neuberger, the White House official, told reporters.

Persons: Anne Neuberger, Biden, “, ” Neuberger, ” Cleveland, Justin Bibb’s, Cleveland, Bibb’s Organizations: CNN, Microsoft, Google, White House, White House National Security Council, Sunday, American Hospital Association, National Intelligence, UnitedHealth, FBI, Department of Public Safety, Department of Public Utilities Locations: United States, Russia, City, Cleveland

☆ Europe's climate ambitions thrown into doubt as Green vote collapses
▼ + stars: | 2024-06-10 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +6 min

That's significantly lower than the 71 seats the Greens/EFA secured when the green faction enjoyed its strongest ever showing five years ago. Nationalist and far-right parties — traditionally skeptical of climate issues — have also been vocal critics of green policies. Bas Eickhout Lead candidate for the Green PartyBas Eickhout, lead candidate for the Green Party, said that support for the far-right parties across the bloc could jeopardize Europe's progress on climate action. Green Deal 'cannot go back'Ahead of the vote, researchers warned that the outcome of the European elections was likely to put significant pressure on the European Green Deal, the region's showcase carbon neutrality program. Which means [the] Green Deal cannot go back, but we are prepared to give it this additional twist, which is a Green Deal, but taking care of the transitions," Marques told CNBC's Silvia Amaro.

Persons: Emmanuel Macron, —, we're, Eickhout, CNBC's Silvia Amaro, Ricarda Lang, Grünen, Terry Reintke, Omid, Reintke, Pedro Marques, Marques, Jorg Asmussen, Asmussen, CNBC's Annette Weisbach, John Macdougall Organizations: Afp, Getty, European Free Alliance, Greens, EFA, Democracy, European Union, European Conservatives, Social Democrats, Free Democrats, French, Union, Nationalist, Bas Eickhout, Green Party, Green, Green Deal, Socialist, Democrats Group, German Insurance Association Locations: The Hague, Germany, Austria, France, Bas, China, United States, Europe, European, Berlin's Columbiahalle, Denmark, Netherlands, Sweden, Finland, Croatia, Latvia, Slovenia, Lithuania, EU, den Linden, Berlin

☆ Caitlin Clark excluded from USA Women’s Basketball Olympic roster, CNN sports analyst says
▼ + stars: | 2024-06-08 | by ( Kevin Dotson | ) edition.cnn.com time to read: +2 min

CNN —USA Basketball’s roster for the women’s Olympic basketball team that will chase gold in Paris this summer will not include WNBA rookie sensation Caitlin Clark, according to CNN sports analyst Christine Brennan. The US women’s team will play an exhibition game against Germany in London on July 23 before their first game of the 2024 Paris Olympics on July 29. The USA women’s 3x3 team features some of America’s younger talent. 3x3 basketball is being contested in just its second Olympic games, with the US winning the inaugural women’s gold medal in Tokyo in 2021. The USA women’s national team, consistently loaded with a surplus of talent, has won gold at seven straight Olympic Games dating back to 1996.

Persons: Caitlin Clark, Christine Brennan, Brennan, ”, Brittney Griner, Diana Taurasi, Breanna Stewart, Griner, “, Cameron Brink, Hailey Van Lith, Rhyne Howard, Cierra Burdick Organizations: CNN, USA, Olympic, WNBA, ” CNN, USA Basketball, Olympics, US, Germany, USA women’s Locations: Paris, Russia, London, Japan, Belgium, Germany, Spain, Tokyo

☆ White Politician Poised for Power Faces Hurdle in South Africa
▼ + stars: | 2024-06-07 | by ( John Eligon | Lynsey Chutel | ) www.nytimes.com time to read: +1 min

Nine months ago, John Steenhuisen, who leads South Africa’s second-largest political party, the Democratic Alliance, stood before news cameras and signed an agreement not to work with the long-governing party, the African National Congress. “So help me God,” Mr. Steenhuisen said, raising his right hand and chuckling. He and the Democratic Alliance are now plowing ahead with the most important political negotiations in South Africa since the end of apartheid in 1994 and have drafted a document laying out their core principles for joining a government with the African National Congress, or A.N.C. The governing party’s slide — taking just 40 percent of the vote, ending three decades of dominance — has left Mr. Steenhuisen, 48, standing at the brink of his political dreams. As head of the party that took second place, with nearly 22 percent of the vote, Mr. Steenhuisen seems likely to get a leading role in the next government, political analysts say.

Persons: John Steenhuisen, ” Mr, Steenhuisen, — Organizations: South, Democratic Alliance, African National Congress Locations: South Africa

☆ Senators demand UnitedHealth own patient data hack
▼ + stars: | 2024-06-07 | by ( Sean Lyngaas | ) edition.cnn.com time to read: +4 min

Federal law known as the Health Information Portability and Accountability Act (HIPAA) generally requires health care providers to notify people within 60 days of discovering a breach affecting their personal health data. The Department of Health and Human Services is already investigating whether UnitedHealth is compliant with HIPAA obligations to protect patient data. HHS can use HIPAA to fine companies for failing to protect patient data. The department announced a $4.75 million settlement in February with a nonprofit hospital system in New York for “data security failures” that the department said resulted in an employee stealing and selling patient data. On May 31, the HHS Office for Civil Rights clarified that health care providers can delegate that obligation to Change Healthcare.

Persons: Andrew, New Hampshire Democratic Sen, Maggie Hassan, Tennessee Republican Sen, Marsha Blackburn, ”, Eric Hausman, Hassan, Blackburn, Sen, Ron Wyden, UnitedHealth’s Organizations: Washington CNN, UnitedHealth, New, New Hampshire Democratic, Tennessee Republican, of Health, Human Services, CNN, HHS, Healthcare, Civil Rights, American Hospital Association, Optum, Capitol, Senate, Oregon Democrat, Federal Trade Commission, Securities and Exchange Commission, SEC Locations: New Hampshire, Tennessee, New York, Wyden

☆ Opinion: The female gaze is taking over page and screen, and it is hot
▼ + stars: | 2024-06-07 | by ( Opinion Sara Stewart | ) edition.cnn.com time to read: +8 min

In Amazon’s movie, Hathaway’s character, Solène, meets cute with Harry Styles-esque singer Hayes Campbell (Galitzine) at Coachella. The movie launches into a montage-heavy romp around Europe before the couple’s outed publicly, at which point a million cougar headlines take flight. I’d like to think this hoopla is overblown, that it wouldn’t really happen in this day and age. But that beautiful bed in her living room … she probably f**ked or fondled or kissed people on it all the time. “But on the other side of that it’s like, ‘Why the f**k weren’t you greenlighting it before?”

Persons: Sara Stewart, we’ve, Sara Stewart Todd Thompson “, ”, Annie Mumolo’s, Tracy, Anne Hathaway’s, Nicholas Galitzine, Harry Styles, Hayes Campbell, she’s, Olivia Wilde, “ Hayes, Styles, Wilde, —, Vogue —, Sam Taylor, Johnson, Aaron Taylor, Miranda, who’s, Davey, “, wasn’t, Glynnis MacNicol, MacNicol, we’re, heartening, I’ve, — Nicola Coughlan’s “, Penelope Featherington —, Karen Tang’s, ” Tang, “ Barb, ” I’ve, Kristen Wiig, Jamie “, there’s, Wiig, Barb, Star ”, Bridesmaids ”, ” Wiig Organizations: CNN, Vogue, New York Times, Del, Variety, Star Locations: Pennsylvania, Coachella, Europe, New York, Paris, Del Mar

☆ How a humble Indian fabric became a symbol of luxury in 1960s America
▼ + stars: | 2024-06-05 | by ( Christy Choi | ) edition.cnn.com time to read: +9 min

But this staple of preppy American fashion has humble origins, far from Martha’s Vineyard or the hallways of Yale or Harvard, in Chennai, India, the coastal city from which it takes its name. Krishnan Nair,” a biography of the Indian textile magnate and hotelier who first sold Jacobson the madras, in a video interview with CNN. From Chennai to shores of the CaribbeanFort St. George was established in the 1630s, helping the British cement a monopoly on the highly lucrative Indian textile industry. Research by the London School of Economics estimates that Indian cotton textiles, which were often exchanged for slaves, accounted for 30% of the total export value of 18th century Anglo-African trade. A madras fabric weaving workshop in Chennai, the Indian city once known as Madras, circa 1990.

Persons: Lisa Birnbach’s “, Ralph Lauren, Brooks, William Jacobson, ”, Bachi Karkaria, Captain C.P, Krishnan Nair, Jacobson, Tony Cenicola, Karkaria, — Nair, “, ’, David Ogilvy, Leonard McCombe, Nair, Ogilvy, Elihu Yale, George, Hathaway, India Madras ”, Eli Yale, King George I, Hathaway Yale, Yale, Kai Toussaint Marcel, Marcel, Tommy Hillfiger, Kimberly M, Jenkins, Patrick Horvais, madras “ Organizations: CNN, Brooks Brothers, Yale, Harvard, New York Times, Milton Academy, madras, Ivy League, East, Yale College, Yale University, Yale . Yale, East India Company, Metropolitan Museum of Art, Parsons School of, London School of, Princeton, Miss College, Sports Locations: madras, Bahamas, Chennai, India, Madras, West Africa, Milton , Massachusetts, superstardom, East India, Fort St, India Madras, Scottish, North Africa, Nigeria, America, Caribbean, St, West Indies, England, France, New Orleans, East Coast, Bermuda, madras Bermuda, Rhode Island, Newport, South Florida, Palm, Fisher

Mexico City may run out of drinking water by the end of this month. Often, the problem lies in how the water is managed rather than how much is available. Experts predict that the city of 8.8 million people could run out of drinking water this month. But Mexico City is not the first city with a water crisis and it won't be the last. This story is available exclusively to Business Insider subscribers.

Persons: what's Organizations: Service, Business Locations: Mexico

Saeed Abiyar, an adviser to Iran’s Islamic Revolutionary Guards Corps (IRGC) in Syria, died in the attack, Iran’s semi-official Tasnim news agency reported. Israel fired back, a US official told CNN, targeting a major Iranian military airbase near the city of Isfahan. Iran has deployed military advisers to Syria in support of Syrian President Bashar al-Assad since civil war broke out there in 2011. “The era of strategic patience is over,” said Mohammad Jamshidi, deputy chief of staff to the Iranian president. Israel contested this, claiming the target was an Iranian military headquarters.

Persons: Saeed Abiyar, SANA, Israel, Bashar al, Assad, ”, Mohammad Jamshidi, Monday’s, Trita, Ebrahim Raisi, Hossein Amir, “, ” Parsi, Joe Biden, Parsi Organizations: CNN, Islamic Revolutionary Guards Corps, Israel, Israel Defense Forces, Islamic, Washington DC, Quincy Institute, Foreign Locations: Syrian, Aleppo, Israel, Iran, Syria, Damascus, Lebanon, Isfahan, Gaza, Washington, Iranian, Tehran

CNN —Constance Glantz had been in a nursing home – in hospice care. No evidence of criminal intent had been found, Chief Deputy Ben Houchin told reporters. She again was pronounced dead, Houchin said later, adding an autopsy was conducted Tuesday morning. Constance’s family was told all about what happened, Houchin said, and the sheriff’s office started an investigation, including visiting the nursing home. The funeral home and the nursing home have been “totally cooperative” with the sheriff’s office investigation, Houchin said.

Persons: CNN — Constance Glantz, –, ’, Ben Houchin, “, ”, Constance, Houchin, Constance –, ” Houchin, “ I’m Organizations: CNN, KOLN, Lincoln, “, Rescue, Lincoln Police Department Locations: Lancaster County , Nebraska, Waverly, Lincoln, Butherus

☆ A ‘House of the Dragon’ Party Without a Silvery Wig in Sight
▼ + stars: | 2024-06-04 | by ( Nancy Coleman | ) www.nytimes.com time to read: 1 min

Where does the story pick up this season on HBO’s fantasy epic “House of the Dragon”? “So,” the actor Tom Glynn-Carney told a reporter on Monday night at the Season 2 premiere at Manhattan’s Hammerstein Ballroom, everything “hits the fan.”His character in the “Game of Thrones” prequel, the newly crowned King Aegon II Targaryen, holds a grip on the throne that is tenuous at best. His brother has just killed their nephew in what could best be described as death by dragon chomp. And his sister Queen Rhaenyra Targaryen is on the brink of going nuclear — as Targaryens tend to do — likely with more dragon chomping. Even as Mr. Glynn-Carney, Matt Smith and other “Dragon” actors laid out the violence in store for the new season — which returns June 16 — the show’s impending civil war stood in stark contrast to the evening’s cocktails and joviality, with not a single silvery wig in sight.

Persons: Tom Glynn, Carney, Manhattan’s, Rhaenyra Targaryen, Glynn, Matt Smith Organizations: King Aegon

☆ The Ukraine war is a huge opportunity for US intel to recruit Russian spies
▼ + stars: | 2024-06-02 | by ( Analysis Josh Campbell | ) edition.cnn.com time to read: +5 min

Editor’s Note: The CNN Original Series “Secrets & Spies: A Nuclear Game” examines the tenuous global geopolitics during the Cold War through the lens of two notorious double agents: Oleg Gordievsky and Aldrich Ames. CNN —Russia’s brutal ongoing invasion of Ukraine has provided US intelligence services with a rare opening to recruit Kremlin insiders furious with the handling of the war. “Disaffection creates a once-in-a-generation opportunity for us,” said CIA Director Bill Burns last year during a speech in the United Kingdom. Russian Foreign Ministry building is seen behind a billboard showing Z, a tactical insignia of Russian troops in Ukraine, on October 13, 2022. As the documentary underscores, the espionage lessons of the Cold War could very well determine future global stability.

Persons: Oleg Gordievsky, Aldrich Ames, CNN —, ”, Bill Burns, “, David McCloskey, Alexander Nemenov, James Schlesinger, Douglas London, Edgar Hoover, Stefani Reynolds, Jim Sciutto, Tim Naftali, –, Sarah Moon, Alex Marquardt, Donie O’Sullivan Organizations: CNN, Kremlin, CIA, Russian Foreign Ministry, Getty, FBI, BBC, Edgar Hoover FBI Locations: Ukraine, United Kingdom, Moscow, AFP, Virginia, Russia’s, Washington, Washington ,, Soviet Union, Europe

☆ What Donald Trump Didn’t Say After His Trial
▼ + stars: | 2024-06-01 | by ( A.O. Scott | ) www.nytimes.com time to read: +1 min

The way to evaluate a political speech — I mean as a literary critic, not as a pundit or a partisan — is to examine how the rhetoric rises to the occasion. In the case of Donald J. Trump’s 33-minute address in the lobby of Trump Tower on Friday, the occasion was both bizarre and momentous. Mr. Trump has never been an orderly orator or a methodical builder of arguments; he riffs and extemporizes, free-associates and repeats himself, straying from whatever script may be at hand. The matter was also curiously flat: a rehash of the trial, with a few gestures toward the larger political stakes. The persona Mr. Trump presented on Friday was that of an aggrieved New York businessman — a Trump that seemed like a throwback to an earlier, pre-MAGA era.

Persons: Donald J, Trump, —, MAGA Organizations: Trump Locations: New York

☆ Inside Henrik Fisker's staff meeting, where the CEO announced more layoffs hitting his electric car company
▼ + stars: | 2024-05-29 | by ( Grace Kay | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewHenrik Fisker had grim news for his staff when they logged on to a short all-hands meeting Wednesday morning. Related storiesAt least one Fisker employee took to the company's internal Microsoft Teams channel to criticize Henrik Fisker's comments, according to a screenshot viewed by Business Insider. The recent layoffs represent the latest in a series of cuts at Fisker, including a round last week. AdvertisementFisker has repeatedly warned over the past few months that the company may go out of business within the year.

Persons: —, Henrik Fisker, John DiDonato, Fisker, Henrik, they'd, Henrik Fisker's, It's Organizations: Service, Business, Huron Consulting Group, Securities and Exchange Commission, Microsoft, BI, Worker Locations: Fisker

☆ Caitlin Clark makes WNBA history in Indiana Fever defeat to Los Angeles Sparks
▼ + stars: | 2024-05-29 | by ( Matias Grez | ) edition.cnn.com time to read: +3 min

CNN —The Indiana Fever’s early season struggles continued on Tuesday with an 88-82 defeat to the Los Angeles Sparks, but Caitlin Clark produced her most scintillating performance so far. She is now also the fastest rookie in WNBA history to record 100 points and 50 assists. “Honestly, I think I just played with an aggressive mindset,” Clark told reporters. Despite the Fever’s difficult start to the season, Clark continues to draw huge crowds with more than 16,000 again in attendance for Tuesday’s game, including Indiana Pacers star Tyrese Haliburton. I think I’ve done a better job as well of understanding who’s guarding me.

Persons: Caitlin Clark, –, “, ” Clark, Sparks, Christie, they’ve, Clark, Cameron Brink, Kia Nurse, Tyrese, ”, – I’ve Organizations: CNN, Indiana Fever’s, Los Angeles Sparks, Sparks, LA, Indiana Pacers, Tyrese Haliburton, Seattle Storm, Gainbridge Locations: Indiana

We have everything you need on where to watch a Sparks vs. Fever live stream tonight. ET / 4 p.m. PT on NBA TVHow to watch Sparks vs. Fever in the USThe Sparks vs. Fever game airs tonight at 7 p.m. You can watch NBA TV on a live TV streaming service like Fubo if you don't have cable. Shop at FuboHow to watch Sparks vs. Fever from anywhereIf you'll be traveling outside the US when the game airs, you can still tune in to your subscriptions using a VPN. Sign up for a live TV streaming package if you don't already have one.

Persons: Cameron Brink, Los Angeles Sparks, Caitlin Clark, Brink, Clark, It's, ExpressVPN Organizations: Business, Los Angeles, Indiana, Sparks, WNBA, NBA, PT, ION Locations: ExpressVPN

☆ Opinion | Men Fear Me, Society Shames Me, and I Love My Life
▼ + stars: | 2024-05-25 | by ( Glynnis Macnicol | ) www.nytimes.com time to read: +1 min

I was once told that the challenge of making successful feminist porn is that the thing women desire most is freedom. If that’s the case, one might consider my life over the past few years to be extremely pornographic — even without all the actual sex that occurred. It definitely has the makings of a fantasy, if we allowed for fantasies starring single, childless women on the brink of turning 50. It’s that I’ve exempted myself from the central things we’re told give a woman’s life meaning — partnership and parenting. The world is more available to me than it’s ever been.

Persons: It’s, I’ve, we’re

☆ The Business Ties That Bind the U.S. and China Are Strong but Fraying
▼ + stars: | 2024-05-24 | by ( Jeff Sommer | ) www.nytimes.com time to read: +1 min

If you follow the news, you know that tensions between the United States and China are high and that the commercial relationship between the two biggest trading nations on the planet has been fraying. Yet, amid the ominous headlines about a possible “decoupling” of the United States and China, you may be surprised by how strong and binding their financial ties remain. The two economies are closely linked, and, as an old China hand, I think that’s a good thing. Consider that while the publicly traded U.S. companies in the S&P 500 obtain almost 60 percent of their revenue domestically, the biggest source of their foreign sales is China. The second-largest foreign source was Japan, with 2.6 percent; followed by Germany and Britain, with 2.2 percent each; and then Taiwan, with 1.8 percent.

Locations: United States, China, Japan, Germany, Britain, Taiwan

Learn moreTonight's Indiana Fever vs. Los Angeles Sparks game will see a can't-miss rookie-on-rookie match-up. Below, we'll show you everything you need to know about where to watch the Indiana Fever vs. Los Angeles Sparks game, whether you have cable or are seeking a live streaming alternative. Indiana Fever's Caitlin Clark will face off with Los Angeles Sparks' Cameron Brink, with both rookies fresh off their standout college basketball careers. With five games under their belt, the Indiana Fever has been having a slow season so far with no wins. ET / 7 p.m. PT on IONHow to watch Indiana Fever vs. Los Angeles Sparks in the USThe Indiana Fever vs. Los Angeles Sparks game will air on Friday at 10 p.m.

Persons: Los Angeles, Indiana Fever's Caitlin Clark, Angeles Sparks, Cameron Brink, Clark, Brink, Rickea Jackson, Sparks, ExpressVPN Organizations: Business, Indiana Fever, Los, Los Angeles Sparks, Angeles, Sparks, ION, Indiana, WNBA Locations: ExpressVPN

☆ Biden's gasoline sale likely won't have a major impact on summer pump prices
▼ + stars: | 2024-05-24 | by ( Spencer Kimball | ) www.cnbc.com time to read: +4 min

Gas prices trending lowerOil prices surged last month as Israel and OPEC member Iran stood on the brink of war, raising concern at the White House that gasoline prices could jump heading into the summer. When adjusting for inflation, pump prices are about 2% lower compared to last year, according to the Energy Information Administration. Even in costly California, gasoline prices are down about 27 cents over the past four weeks, he said. But de Haan said gasoline prices will likely edge lower through the Fourth of July holiday as refiners increase output, which should keep downward pressure on pump prices. "Since the pandemic, the summer driving season has not seen a surge in demand, which can push pump prices higher," said Gross, the AAA spokesperson.

Persons: Kevin Carter, Biden, Patrick de Haan, It's, de Haan, Andrew Gross, De Haan, Superstorm Sandy, Donald, Trump, Brent, Gross Organizations: Getty, The Department of Energy, Northeast Gasoline Supply, AAA, Energy Information Administration, Congress, Reserve Locations: San Diego, San Diego , California, Israel, Iran, California

☆ Bhutan turns to 'Gross National Happiness 2.0' as crisis deepens
▼ + stars: | 2024-05-24 | by ( Monica Pitrelli | Penny Sadler | ) www.cnbc.com time to read: +2 min

Bhutan's governing philosophy of "Gross National Happiness" has been heralded the world over for balancing economic growth with the well-being of its citizens. But recent discussions of "Gross National Happiness 2.0" by its newly elected Prime Minister Tshering Tobgay suggest that change on some level is underway as the country struggles with an economic crisis that's left it — as Tobgay has said— "teetering on the brink of collapse." But with youth unemployment rates of nearly 30% and about one in eight people living in poverty, has Bhutan reached a point where its quest for national happiness must change? Seen from the successes of the social progress area, we have failed economically." But seen from the successes of the social progress area, we have failed economically."

Persons: Tshering Tobgay, Tobgay, Jigme Singye Wangchuck, we've, We've Organizations: CNBC Locations: Bhutan, Asia

☆ Sweeping changes to America's aging power grid are on their way to help bypass NIMBY roadblocks and state infighting
▼ + stars: | 2024-05-23 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +9 min

America's power grid is old and stressed. The main problem: It takes way too long to build towering high-voltage power lines that carry electricity across state lines and to hook up new power to the grid. AdvertisementBut upgrading the power grid gets bogged down by several issues. A new rule issued by the Federal Energy Regulatory Commission this month is aimed at tackling some of the problems. If the US doesn't invest in regional transmission lines, customers will pay the price in the form of congestion and more life-threatening outages.

Persons: Brett White, Larry Gasteiger, Allison Clements, West Virginia —, Jeffrey Shields, PJM, Shields, Manu Asthana's, Asthana, Mark Christie, Neil Chatterjee, Chatterjee, Christine Powell, Chuck Schumer, Gasteiger Organizations: Service, Business, Energy, Princeton University, Federal Energy Regulatory, Democrat, Sierra Club, Republican, Department of Energy, DOE, FERC, Earthjustice's Clean Energy, University of Chicago, wouldn't Locations: Pine, States, Maryland, Pennsylvania, West Virginia, New Jersey, California

☆ Ether could surge 60% after ETFs are approved, trading firm says
▼ + stars: | 2024-05-23 | by ( Filip De Mott | ) www.businessinsider.com time to read: +2 min

The price of ether could rise 60% if spot ETFs are approved, QCP Capital wrote. The previous success of spot bitcoin ETFs serves as an example of potential upside. Eyes are currently on the second-biggest cryptocurrency as US regulators are deciding on whether to approve the first ether spot ETFs in the country. That token's stellar run was set off in mid-January when the SEC similarly greenlit spot bitcoin ETFs. What's more, head of FX Research Geoff Kendrick wrote that the spot ether ETFs are unlikely to stumble on the same issues that tormented bitcoin, such as heavy inflow volatility.

Persons: —, bitcoin, QCP, Geoff Kendrick Organizations: QCP, SEC, Service, BlackRock, [ Depository Trust, Clearing Corporation, Chartered, FX

☆ Things are about to get a lot tougher for Jensen Huang's Nvidia
▼ + stars: | 2024-05-22 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +4 min

The 61-year-old Silicon Valley veteran running Nvidia has overseen a $2 trillion surge in its value since the start of last year. Justin Sullivan/Getty ImagesThe hype behind Nvidia's chips is no joke. But competitors have been busy developing AI chips of their own to reduce reliance on Nvidia's increasingly expensive offerings. AMD CEO Lisa Su, who's Huang's cousin, is aiming to pry Nvidia customers away with a chip named the MI300X that costs between $10,000 and $15,000. If they succeed in using Triton, they could be one step closer to a future in which alternatives to Nvidia's chips are easier to use.

Persons: —, Jensen Huang, Sam Altman, Mark Zuckerberg, Matt Bryson, Huang, isn't, Justin Sullivan, Taylor Swift, Nvidia's, Blackwell, Zuckerberg, Lisa Su, who's, Jensen, AMD, CUDA, OpenAI Organizations: Service, Silicon, Nvidia, Microsoft, Apple, Business, GTC, AMD, Google, Meta, Financial Times Locations: San Jose , California, Woodstock

☆ Read a Transcript of Volodymyr Zelensky’s Interview With The Times
▼ + stars: | 2024-05-21 | by ( ) www.nytimes.com time to read: +1 min

President Volodymyr Zelensky of Ukraine spoke to the Times journalists Andrew Kramer, Philip P. Pan and Bill Brink for 50 minutes at the presidential office in Kyiv on Monday. This transcript of the interview has been edited and condensed for clarity. This is very important, and what we have always asked of President Biden — and not only President Biden, but the leaders of many countries — is that we want to use the weapons for defense. We don’t have long-range shells. You must understand that for the last year and a half, Ukraine hasn’t had any long-range shells.

Persons: Volodymyr Zelensky, Andrew Kramer, Philip P, Pan, Bill Brink, Biden, Biden —, Ukraine hasn’t Organizations: Times Locations: Ukraine, Kyiv, Russia

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