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What we still don't know: Why would someone pay $50 a month for this? AdvertisementAfter all, if you like paying for streaming TV, you can pay $73 a month for YouTube TV. So, again: If you're a big enough sports fan that you want to pay for streaming TV, don't you also want all of the sports on streaming TV? And, yes: Spending $50 a month on something instead of $73 a month on something is meaningfully cheaper. Now he's asking them to pay an extra $50 a month — and not get everything they want.
Persons: Lachlan Murdoch, it's, , Here's, Murdoch, Brendan McDermid, they're, They're, he'll Organizations: Service, Fox Corp, Disney, Warner Bros, Comcast, YouTube, REUTERS, NFL, CBS, league's AFC, NBC, Amazon, Media Locations: America
Conestoga wagons were developed by local carpenters and blacksmiths to carry goods, including farm produce and items bartered from Native Americans, to markets in Philadelphia. An original 19th century Conestoga wagon at the Conestoga Area Historical Society in Conestoga, Pennsylvania in 2024. For just that reason, Conestoga wagons had the controls on the left side, close to the wagon driver’s right hand. Lay, was that all traffic had to stay to the right — just like the Conestoga wagons did. on September 3, 1967 when cars switched from left to right side driving.
Persons: I’ve, Cooper, Napoleon Bonaparte, Henry Ford, that’s, Tesla, John Stehman, Peter Valdes, ‘ Gee, ” Stehman, , , M.G ., Ford, Maximilien Robespierre —, , Napoleon, William Van, Yevgenia Organizations: Conestoga, CNN, Ford, Historical Society, M.G, Lions, Hulton, Getty, Ford Motor Co, Guildhall Library, Art, Britain, Avis, Avis Budget Group, ” Avis Budget Locations: England, London, United States, United Kingdom, Europe, Conestoga , Pennsylvania, Conestoga, Pennsylvania, Philadelphia . Philadelphia, Lancaster County , Pennsylvania, Philadelphia, Lancaster, New York, Britain, Paris, France, Stockholm, Sweden
Analysts at Morgan Stanley have named a slate of stocks to buy as March gets underway. The firm said investors should bet on the market's momentum by scooping up shares of undervalued companies. They include HashiCorp , Rivian Automotive , Dell Technologies, Sun Country Airlines and Huntington Bancshares. The stock is down 26% over the last 12 months, but the firm said investors should buy the dip. HashiCorp Analyst Sanjit Singh upgraded the cloud-computing infrastructure company to overweight from equal weight earlier this week.
Persons: Morgan Stanley, scooping, Ravi Shanker, Shanker, Sanjit Singh, Singh, Adam Jonas, , Jonas, Rivian, Dell, , Huntington, HBAN Organizations: CNBC, Rivian Automotive, Dell Technologies, Sun Country Airlines, Huntington, Amazon, Rivian, Airlines Locations: Huntington Bancshares
Musk, who co-founded OpenAI in 2015, has since left and has formed his own AI company, xAI. Musk is asking for a jury trial and for the company, Altman and co-founder Greg Brockman to pay back the profit they received from the business. But Altman, Brockman and Chief Scientist Ilya Sutskever in 2019 formed OpenAI LP, a for-profit entity that exists within the larger company’s structure. Musk’s complaint said that company and its partnership with Microsoft violated OpenAI’s charter, representing a breach of contract. “Where some like Mr. Musk see an existential threat in AGI, others see AGI as a source of profit and power,” the complaint stated.
Persons: CNN — Elon Musk, OpenAI, Sam Altman, ChatGPT, Musk, Altman, Greg Brockman, Brockman, Ilya Sutskever, Organizations: CNN, Microsoft, Locations: AGI
New Delhi Reuters —Charter jets for tycoons and celebrities, a performance by Rihanna and directions to don “jungle fever” outfits when visiting an animal rescue center — that’s how billionaire Mukesh Ambani is kickstarting big fat Indian wedding celebrations for his son. The occasion of the moment that has India transfixed is a three-day pre-wedding jamboree for his youngest son Anant Ambani, 28, who is set to marry his long-time girlfriend Radhika Merchant, 29. Anant is a director at Reliance’s new energy business and one of Ambani’s three children who are the heirs to his empire. Ambani also made headlines with his daughter Isha’s wedding in 2018 which was described by some as a mini-Davos summit. Guests to Anant Ambani’s celebrations are set to savor 500 dishes created by around 100 chefs.
Persons: Rihanna, Mukesh Ambani, Ambani, Anant Ambani, Radhika Merchant, Anant, David Blaine, Bill Gates, Meta’s Mark Zuckerberg, Gautam Adani, Kumar Mangalam Birla, Shah Rukh Khan, Salman Khan, Bob Iger, Hillary Clinton, John Kerry, Anant Ambani’s Organizations: Delhi Reuters —, Reliance, Forbes, Disney, Reliance’s, Encore, Former U.S, Reuters Locations: Delhi, India, Jamnagar, Reliance’s, Gujarat, Davos, Former, New Delhi, Mumbai
Sam Altman, CEO of OpenAI, attends the 54th annual meeting of the World Economic Forum, in Davos, Switzerland, on Jan. 18, 2024. Elon Musk is suing Microsoft -backed OpenAI and its CEO Sam Altman, among others, alleging they abandoned the company's founding mission to develop artificial intelligence "for the benefit of humanity broadly." "To this day, OpenAI, Inc.'s website continues to profess that its charter is to ensure that AGI benefits all of humanity.' In reality, however, OpenAI, Inc. has been transformed into a closed-source de facto subsidiary of the largest technology company in the world: Microsoft," the lawsuit filing said. Musk's lawyers said in the lawsuit that OpenAI's focus on maximizing profits for Microsoft breaks that agreement.
Persons: Sam Altman, Elon Musk, Altman, OpenAI, Greg Brockman, Musk Organizations: Economic, Microsoft, San Locations: Davos, Switzerland, San Francisco
To put that in perspective, that’s nearly 63 million more travelers than the world’s current busiest airport, Hartsfield–Jackson Atlanta International, handled in 2022 and nearly 100 million more than Dubai International. philipus/Alamy Stock PhotoThe recent Dubai Air Show, held at a purpose-built venue at Al Maktoum International Airport in 2023, offered some intriguing hints about what’s ahead for DWC – and some insights into Dubai Airports’ long-term strategy. “We have prioritized expansion and investments at DXB to meet our customers’ requirements and plans,” Paul Griffiths, Dubai Airports CEO, tells CNN. Changing the business modelNew artist renderings haven't been released in a decade, but Dubai Airports CEO Paul Griffiths says the team will soon be working on ambitious new designs. It will have capacity for 185 million passengers per year, or almost seven times the number it handled in 2022.
Persons: Al Maktoum, it‘ll, that’s, Hartsfield –, let’s, DWC, ’ Al Maktoum, DWC –, ” Paul Griffiths, , Griffiths, ” Griffiths, , haven't, Paul Griffiths, “ We’re, Mohammed bin Rashid, Nadine Itani, Abu Dhabi’s, Foster Organizations: CNN, Al, Al Maktoum International Airport, Dubai World, Dubai Airports, Dubai International, Al Maktoum International, Hartsfield, Hartsfield – Jackson Atlanta International, Emirates Cargo, UAE, , ’ Al Maktoum International, Dubai Air, Dubai, AFP, Traveller, Emirates, University of Surrey, Hamad International Airport, Kuwait International, Partners, Sharjah International Airport, Air, Riyadh Air Locations: Budapest, Al Maktoum, Dubai, Dubai’s, Eastern Europe, Russia, Central Asia, Emirates, England, India, Middle, Europe, Qatar, Muscat , Oman, Bahrain, Gulf, Kuwait, British, Sharjah, Saudi Arabia, Riyadh, Saudi
Having been a job-hopper in her 20s, she says she expects to stay in jobs longer in her 30s. I quit my 2nd job because I couldn't see a future thereI started searching for jobs in the nonprofit sector. I was asked why I had moved jobs so often in an interviewI think job-hopping is good for your 20s. AdvertisementJob-hopping doesn't work foreverI'm only job-hopping because I'm able to take more risks at this stage in my life. I'm planning on staying longer in future roles and plan to be more cautious when accepting new roles in the future.
Persons: Bremda Acosta, , I've, I'd, I'm Organizations: Service, Syracuse University Locations: I'm, New York City, Dominican Republic, Spanish, Brooklyn, Montana, Iowa, New York
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBroadcom is still likely to spinoff its Carbon Black unit: AnalystEdward Snyder of Charter Equity Research discusses the potential spinoff of Broadcom's Carbon Black unit following the sale of VMWare to KRR.
Persons: Edward Snyder Organizations: Broadcom, Charter Equity Research, VMWare
A new Falcon 2000LXS costs around $36.5 million, while a pre-owned jet costs $24 million. The cockpit of a Dassault Falcon 2000LXS. Flying on the Falcon 2000LXS for 300 hours a year amounts to around $5 million in operating costs, per Guardian Jet. On average, the jet burns some 280 gallons of fuel per hour, which amounts to $1,400 in hourly fuel costs. Both these jets cost around $24.5 million new, per Guardian Jet.
Persons: Falcon, Pratt & Whitney Organizations: Dassault Falcon, Dassault Aviation, Guardian Jet, Guardian, Pratt &, Gulfstream, Bombardier
Read previewWhen the chief executive of cryptocurrency startup Anchorage Digital posted a message in the company's "announcements" Slack channel in late November about an executive's departure, employees started buzzing. Just over a year after it received the charter, the OCC issued a consent order against Anchorage in April 2022. Regulators are aggressively scrutinizing crypto players and prioritizing monitoring crypto compliance. Regulators' viewThe OCC is now led by Michael Hsu, the former Federal Reserve regulator and self-described crypto skeptic who has viewed crypto companies' regulatory compliance in some areas as inadequate. A crypto bank would face risks in safeguarding digital assets in its custody, maintaining appropriate hedges in crypto-lending, and adhering to capital requirements specific to crypto assets, said Kim, who studies crypto and blockchain technology.
Persons: , Georgia Quinn, Nathan McCauley's, McCauley, Goldman Sachs, Andreessen Horowitz, Quinn, Brian Brooks, CoinDesk, Oliver Wyman, FTI, Brooks, Michael Hsu, Hsu, Evelyn Hockstein, Mark duBose, Seoyoung Kim, University's, Kim, Diogo Mónica, Axel Springer, Mark McCombe, Max Levchin, BNY, Seyfarth Shaw, Ellenoff Grossman, it's Organizations: Service, Anchorage, Business, Citadel Securities, Apollo Global Management, Visa, OCC, Regulators, Securities, Exchange, IBM, KPMG, Anchorage Digital Bank National Association, Federal Reserve, Reuters, Business Insider, Santander Bank, University's Leavey School of Business, KKR, BlackRock, BNY Mellon Locations: Anchorage, United States, Santa, San Francisco, Portugal
Altice USA shares spiked as much as about 50% on Monday following a report that Charter Communications is considering buying the broadband company. Charter is working with financial advisors as it considers whether it would make sense to buy Altice USA, Bloomberg reported Monday, citing people with knowledge of the matter. Charter declined to comment on the report, while Altice USA could not immediately be reached for comment. Altice USA shares had plunged more than 40% this year before their jump Monday, while Charter's stock has fallen about 25%. Altice USA owns brands led by broadband, TV and phone company Optimum.
Persons: — CNBC's Alex Sherman Organizations: Altice USA, Communications, Bloomberg, Altice Locations: USA, Altice USA
Bernd von Jutrczenka/picture alliance/Getty ImagesAs Russia's war in Ukraine nears its second anniversary, world leaders continue to urge for support and aid in Ukraine. “We have learned, unfortunately, over the two years, this is not only a war against Ukraine, it's a war against the European peace order. United Kingdom Prime Minister Rishi Sunak said the free world must renew its determination to stand behind Ukraine. “When Putin launched his illegal invasion two years ago, the free world was united in its response. And on this grim anniversary, we must renew our determination," Sunak said, according to a statement released late Friday.
Persons: Annalena Baerbock, Bernd von Jutrczenka, Vladimir, Putin, ” Baerbock, Baerbock, Rishi Sunak, , Sunak, Laurent Bili, , Justin Trudeau, Canada’s Organizations: United Nations Security, Ukraine, United Nations, United, Prime, European Union, NATO, Canadian Locations: Ukraine, New York, Here's, Europe, United States, it's, Kyiv, Trudeau, Canada, Russia
Google cofounder Sergey Brin is facing a wrongful-death lawsuit stemming from a plane crash last year that killed two crew members en route to a private island in the South Pacific. The lawsuit also alleges that Brin intentionally delayed the recovery process. The suit identifies Brin, Google, and Bayshore Global Management — Brin's family office — as the "owner/operators" of the aircraft. While the lawsuit does mention various recovery efforts conducted by Brin's team, it alleges frequent and drawn-out delays. Olarte Maclean alleges that Brin's representatives cited weather conditions at the crash site and their interactions with the USCG as excuses.
Persons: Sergey Brin, Brin, Lance Maclean, Dean Rushfeldt, Olarte Maclean, Steven C, Marks, Larry Page Organizations: South Pacific, Business, Coast Guard, Los Angeles Times, Google, Bayshore Global Management, Bayshore, LA Times, Oceanic, Atmospheric Administration, NOAA, Brin's, Seafly LLC, Southern Cross Aviation, BI Locations: South, California, Hawaii, Santa Rosa , California, Fiji, Honolulu, Fiji's Mamanuca
That’s when she enrolled in an IB program, and everything changed for her. When my daughter started middle school, she enrolled in a public charter school with an International Baccalaureate (IB) program. AdvertisementThe IB program focuses on mastery of skills — not memorizationOne of the things that drew me and my daughter to the IB program is its emphasis on mastering skills instead of rote memorization. Learning in the IB program is more student-drivenOne of the first classes my daughter took at her IB school was called Student-Led Learning. Whatever my daughter winds up doing in life, I am confident that her IB education will be an asset.
Persons: Organizations: Business, IB Locations: Washington ,
The International Court of Justice began hearing arguments on Monday on the legality of Israel’s occupation of Palestinian territories. It is the first time the world’s highest court has been asked to give an advisory opinion on the issue, which has been the subject of years of debates and resolutions at the United Nations. The hearings are expected to focus on decades of Israeli actions in the Palestinian territories, including the West Bank and East Jerusalem. What is the International Court of Justice? All countries belonging to the United Nations are automatically members of the court and are expected to accept its jurisdiction.
Organizations: Court of, United Nations, West Bank, International Court of Justice Locations: Palestinian, East Jerusalem, Gaza, Israel, The Hague
Handshake agreementThe Slezyckis love watching the sunrise from their waterfront home in the Bahamas. ”But we do it once a year.”Storm damageSadly their home was destroyed when Hurricane Dorian hit in 2019. Nobody was [left] unscathed.”Unfortunately, the Slezyckis weren’t able to return to Great Guana Cay for a while as the nearest airports had also been damaged by the storm. “No crowds, no traffic, no road rage, little to no crime.”Although the hurricane devastated Great Guana Cay, the island has since recovered, and “in some ways is better than ever,” says Norvell. We’re really spread out over here.”In 2020, she launched a TikTok account, SouthPauseIslandGirl, on the suggestion of her niece, and eventually began posting about Great Guana Cay.
Persons: CNN — They’d, Mark Slezycki, , ” Norvell, they’d, , , Mark, Norvell, ’ ”, you’re, Mark “, Hurricane Dorian, Norvell Slezycki, Dorian, “ We’ve, they’ve, Kim Kardashian, Tom Brady, “ It’s, It’s, We’re, she’s, it’s, “ There’s, “ You’ve, you’ve Organizations: CNN, CNN Travel, , Fort, Fort Lauderdale Executive, Ocean, Ocean Club, US State Department Locations: Bahamas, Norvell, New York City, Nassau, Florida, Guana, Abaco, Lighthouse Point , Florida, Pompano Beach, Fort Lauderdale, Treasure Cay, , , Marsh Harbour, Great, New Providence, Freeport
Philippines Committed to South China Sea Code of Conduct
  + stars: | 2024-02-15 | by ( Feb. | At A.M. | ) www.usnews.com   time to read: +2 min
By Karen LemaMANILA (Reuters) - The Philippines is firmly committed to negotiations for a code of conduct between China and Southeast Asian countries to avert confrontations in the South China Sea, its foreign minister said on Thursday. Foreign Secretary Enrique Manalo also said tensions in the South China Sea were not all about a rivalry between superpowers the United States and China, and the Philippines, and others, had legitimate rights and interests to uphold. The idea of a code of conduct was hatched more than two decades ago but parties only committed to begin the process in 2017. China has chided the Philippines for encroaching on what it says is its territory. Manalo said a high-level "2+2" meeting of the defence and foreign ministers of the Philippines and United States was planned and dates not yet been finalised.
Persons: Karen Lema MANILA, Enrique Manalo, Manalo, Karen Lema, Neil Jerome Morales, Martin Petty Organizations: Beijing Locations: Philippines, China, Southeast, South China, United States, Taiwan, Beijing, Manila
It's been about a week since Disney , Warner Bros. Discovery and Fox announced a new joint venture to offer live sports outside the traditional cable bundle, and pay TV distributors are still trying to figure out just how disruptive the new service will be. If Disney, Warner Bros. Discovery and Fox allow distributors to offer the same product, in addition to the standard cable bundle, there's likely to be minimal consternation about the joint venture. Privately, however, leaders at Disney, Warner Bros.
Persons: It's Organizations: Disney, Warner Bros . Discovery, Fox, Comcast, Charter, DirecTV, ABC, ESPN, ESPN2, TNT, TBS
AdvertisementThere are some people who really, really like Super Bowl ads. I’ve heard for years about the idea that wireless carriers would eventually take on the big broadband companies by selling “fixed wireless” broadband — broadband you can get via 5G airwaves using a box you put in your window instead of relying on cables buried in the ground. If I were, I would know that competition from fixed wireless has been keeping the broadband guys up at night for some time. The broadband guys are happy to tell you why they think their internet is better than the wireless internet the telco guys are selling. But for the moment, we know the cable guys — that is, the broadband guys — are no longer taking the fixed wireless guys for granted.
Persons: , hadn’t, I’ve, Starry, Craig Moffett, MoffettNathanson, that’s, they’ve, Moffett Organizations: Service, Mobile, Super Bowl, Biden White House, Verizon, Comcast Locations: Boston
President Biden denounced former President Donald J. Trump on Tuesday for encouraging Russia to attack some NATO allies, calling the comments “dumb,” “shameful,” “dangerous” and “un-American” as he implored House Republicans to defy their putative nominee and pass new security aid for Ukraine and Israel. In a televised statement, Mr. Biden said a $95 billion spending package passed earlier in the day on a bipartisan vote in the Senate was imperative to help defeat the “vicious onslaught” of President Vladimir V. Putin’s Russia against Ukraine. And he linked the legislative debate to Mr. Trump’s campaign speech siding with Moscow over European allies he deemed “delinquent.”“Can you imagine?” Mr. Biden told reporters at the White House. No other president in our history has ever bowed down to a Russian dictator. Not only would he not help them, Mr. Trump said, he would “encourage” Russia “to do whatever the hell they want” against them.
Persons: Biden, Donald J, Trump, Vladimir V, , Mr, , ” Mr, Putin, Russia “ Organizations: NATO, Ukraine, White Locations: Russia, Ukraine, Israel, Moscow, United States, Russian
Bettmann Archive/Getty ImagesPulling American generals out of NATO might force other NATO countries to seek their own nuclear deterrents. More members hit 2% benchmarkTrump frequently complains that NATO members other than the US don’t pay dues, which is a misstatement of facts. Multiple NATO countries do not hit that benchmark, although spending has risen since Russia’s invasion of Ukraine. “It’s just like any relationship,” said Bergmann of the likelihood of permanent damage if Trump were to materially alter the NATO alliance. I know exactly what he has done and will do with the NATO alliance,” Rubio said, although he added, “But there has to be an alliance.”
Persons: Donald Trump’s, Joe Biden, Trump, , Biden, Peter Bergen, Vladimir Putin, CNN’s Jim Sciutto, ” Sciutto, What’s, Kurt Volker, Chip Somodevilla, Volker, ” Volker, “ It’s, , Dwight D, Eisenhower, Max Bergmann, Bergmann, It’s, ” Marco Rubio, Sen, Marco Rubio, ” Rubio, he’s Organizations: CNN — Lawmakers, Trump, NATO, Republicans, Ukraine, CNN, Biden, Senate, House Intelligence, Allied, Eurasia Program, Center for Strategic, International Studies, Palais, Bettmann, World Trade Center, Pentagon Locations: Russia, , Russian, Soviet Union, NATO, United States, Atlantic, Washington ,, Europe, American, Chaillot, Sweden, Finland, Ukraine, Afghanistan, France, Marco Rubio of Florida, “ State
NATO describes the threshold as a “guideline,” and it is not a requirement that would put any nation in delinquency. The NATO charter also provides that if any NATO country is attacked, the other members will come to its aid. You can be sure that they all cheered when they heard Donald Trump and heard what he said," Biden said. For as long as I'm president, if [Russian President Vladimir] Putin attacks a NATO ally, the United States will defend every inch of NATO territory." But House Speaker Mike Johnson, Louisiana Republican, has signaled he will not allow a floor vote on the bill, a measure Trump opposes.
Persons: Joe Biden, Donald Trump, Biden, Trump, Putin, , Republicans –, Trump's, Sen, Marco Rubio, Vladimir, Mike Johnson, Johnson Organizations: Office, GOP, Trump, White, Republican Party, NATO, Republicans, America, Louisiana Republican Locations: NATO, Ukraine, America, U.S, Russia, Russian, Marco Rubio of Florida, United States, Israel, Louisiana
CNN —The CEO of a major Nigerian bank, along with his wife and son, were among six people killed in a helicopter crash in the Mojave Desert near the California-Nevada border late Friday night, according to a World Trade Organization official. Both of the helicopter’s pilots were also killed, according to authorities. The aircraft, which was operated by California-based charter company Orbic Air, took off around 8:45 p.m. PT and crashed just after 10 p.m. near Interstate 15 in Halloran Springs, California, Graham said. The NTSB is investigating the cause of the crash and was on the scene in Halloran Springs, California, Saturday night collecting evidence, Graham said at a news conference. Authorities have yet to publicly identify the people killed but condolences have began pouring in for the Wigwe family and Ogunbanjo.
Persons: Herbert Wigwe, Abimbola Ogunbanjo, Ngozi Okonjo, Iweala, Michael Graham, Graham, Witnesses, Godwin Obaseki, , ” “ Wigwe, ” Obaseki, Wigwe Organizations: CNN, California -, World Trade Organization, Access Bank, Nigeria Stock Exchange, WTO, Airbus, National Transportation Safety, Orbic Air, NTSB, Authorities, Bank, San Bernardino County Sheriff’s Department Locations: Nigerian, California, California - Nevada, Palm Springs , California, Boulder City , Nevada, Las Vegas, Halloran Springs , California, Nigeria’s Edo, Nigeria, San Bernardino County, Graham
One NTSB investigator arrived at the crash site Friday afternoon, with several more expected to arrive on Saturday. Brianna Walker saw the wing of the plane drag the car in front of hers and slam into the wall. The tower lost contact, and then airport workers saw the smoke from the interstate just a few miles away, King said. According to the FlightAware aircraft tracker, the plane was operated by Hop-a-Jet Worldwide Charter based in Fort Lauderdale, Florida. A spokesperson for Ohio State University said the aircraft is not affiliated with the university, and they had no further information about it.
Persons: Brianna Walker, , Walker, ” Walker, Robin King, “ we’re, King, Adam Fisher, didn’t, Organizations: , Federal Aviation Administration, Bombardier Challenger, FAA, National Transportation, NTSB, Ohio State University, We’ve, Naples Daily News, Sheriff’s, Jet Worldwide, Fort, Jet, Naples Daily Locations: NAPLES, Fla, Florida, Naples, Fort Lauderdale, Columbus , Ohio, Collier, Fort Lauderdale , Florida
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