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Brent crude futures rose $1.43, or 1.8%, to settle at $81.07 a barrel. U.S. West Texas Intermediate crude futures rose $1.42, or 1.9%, to settle at $77.07 a barrel, the highest since April 25. "The oil market is starting to slowly price in a looming supply crunch as it is on track for its fourth week of price gains," Price Futures Group analyst Phil Flynn said. In the U.S., crude inventories (USOILC=ECI) have fallen, amid a jump in crude exports and higher refinery utilisation, the Energy Information Administration (EIA) said on Wednesday. Data from the world's second-biggest oil consumer suggests the government's 5% annual growth target will be missed.

Persons: Brent, Phil Flynn, Flynn, Suhail, Mazrouei, Jay Hatfield, Rob Haworth, Shariq Khan, Natalie Grover, Arathy, Andrew Hayley, Marguerita Choy, David Holmes Organizations: Friday, Brent, . West Texas, Futures, Energy Information Administration, EIA, UAE Energy, Reuters, Infrastructure Capital Management, P, U.S, Bank Asset Management, Thomson Locations: Russia, Ukraine, China BENGALURU, U.S, China, Bengaluru, London, Houston, Beijing

Brent crude futures rose 90 cents, or 1.1%, to $80.54 a barrel by 11:36 a.m. EDT [1536 GMT]. U.S. West Texas Intermediate futures rose 97 cents, or 1.3%, to $76.62 a barrel. "The oil market is starting to slowly price in a looming supply crunch as it is on track for its fourth week of price gains," said Price Futures Group analyst Phil Flynn. "Global supplies are starting to tighten and that could accelerate dramatically in the coming weeks. Data from the world's second-biggest oil consumer suggests the government's 5% annual growth target will be missed.

Persons: Phil Flynn, Flynn, Suhail, Mazrouei, Jay Hatfield, Shariq Khan, Natalie Grover, Arathy, Andrew Hayley, Conor Humphries, David Holmes Organizations: Brent, . West Texas, Futures, UN, Energy Information Administration, UAE Energy, Reuters, Infrastructure Capital Management, Thomson Locations: Russia, Ukraine, China BENGALURU, U.S, China, Bengaluru, London, Houston, Beijing

☆ Oil climbs, fuelled by tighter supplies, China stimulus
▼ + stars: | 2023-07-21 | by ( Natalie Grover | ) www.reuters.com time to read: +2 min

LONDON, July 21 (Reuters) - Oil prices rose on Friday, buoyed by evidence of tightening supplies and economic stimulus in slow-recovering China. Brent futures were up $1.02 at $80.66 a barrel by 1134 GMT, while U.S. West Texas Intermediate (WTI) crude climbed $1 to $76.65 a barrel. "Demand from China and India could therefore shift more towards other suppliers, which would push up oil prices," the analysts said. "That tightness in supply is already showing up in inventories," analysts from ANZ Bank said. "The announcement remains short on detail but notions of China buying more cars gives rise in hope for oil investor bulls," PVM analyst John Evans said.

Persons: Brent, John Evans, Natalie Grover, Arathy Somasekhar, Andrew Hayley, Louise Heavens, David Holmes Organizations: U.S, West Texas, Energy Information Administration, ANZ Bank, Thomson Locations: China, Russia, India, Saudi Arabia, U.S, London, Houston, Beijing

☆ Oil ticks up as markets assess falling inventories, potential Chinese stimulus
▼ + stars: | 2023-07-21 | by ( ) www.reuters.com time to read: +2 min

July 21 (Reuters) - Brent oil prices rose in Asian trading on Friday, as markets assessed the prospect of economic stimulus in China after weak economic data, falling inventories in the U.S. and supply cuts from key producers. China's weak economic figures had kept a lid on prices through the week. However, sentiment across commodity markets has picked up on hopes the central government would roll out more stimulus measures to support the economy. Higher crude prices have come "on positive commentary on China stimulus and looked through impacts from the stronger U.S. dollar index," National Australia Bank analysts said in a note. U.S. crude inventories (USOILC=ECI) fell last week, supported by a jump in crude exports as well as higher refinery utilisation, the Energy Information Administration (EIA) said on Wednesday.

Persons: Brent, WTI, Arathy Somasekhar, Andrew Hayley, Leslie Adler, Lincoln, Jamie Freed Organizations: Brent, U.S, West Texas, National Australia Bank, Beijing, ANZ Bank, ANZ, Energy Information Administration, Thomson Locations: China, U.S, Saudi Arabia, Russia, Riyadh, Moscow, Houston, Beijing

☆ TikTok NPC streams are the latest viral trend. Here's a break down of the bizarre — and lucrative — craze.
▼ + stars: | 2023-07-21 | by ( Will Gendron | ) www.businessinsider.com time to read: +4 min

A new TikTok trend has creators acting like non-playable, video game characters — or NPCs. NPC streams can be lucrative, as viewers gift creators to control their actions. It started out with a combination of words that seems a little baffling: "Mmm ice cream so good, mmm ice cream so good, yes, yes, yes, yes, yes, yes," Pinkydoll, a content creator, said during a TikTok livestream. "Yes, yes, yes, gang, gang." While her phrase "yes, yes, yes" is a response to a virtual rose.

Persons: Pinkydoll, —, Sinon, Hayley DeRoche, there's Organizations: Morning, Twitter, Creators, New York Times, Guardian

☆ Simon Pegg and Brian Cox support Hollywood strike at London rally
▼ + stars: | 2023-07-21 | by ( Sarah Mills | ) www.reuters.com time to read: +2 min

[1/3] Actors Brian Cox, Jim Carter, Imelda Staunton, Andy Serkis and Simon Pegg join demonstrators at the Equity rally in Leicester Square, in solidarity with the SAG-AFTRA strikes, London, Britain, July 21, 2023. REUTERS/Hollie AdamsLONDON, July 21 (Reuters) - "Mission Impossible" star Simon Pegg and Brian Cox from "Succession" joined a rally in London on Friday in support of U.S film and television writers and actors striking for higher pay and new terms in the streaming era. Actors union SAG-AFTRA and the Writers Guild of America want increases in base pay and residuals, plus assurances they will not be replaced by artificial intelligence (AI). British actors' union Equity organised the rally in Leicester Square, where movie theatres hosted UK premieres including "Barbie" and "Oppenheimer" last week. David Oyelowo, Andy Serkis, Imelda Staunton, Naomie Harris and Hayley Atwell also joined Friday's rally, where supporters held placards saying "Equity stands in solidarity with SAG-AFTRA".

Persons: Brian Cox, Jim Carter, Imelda Staunton, Andy Serkis, Simon Pegg, Adams, Barbie, Oppenheimer, Paul Fleming, David Oyelowo, Naomie Harris, Hayley Atwell, Rob Delaney, we're, Cox, Paul Sandle, Farouq Suleiman, Sharon Singleton, John Stonestreet Organizations: Equity, SAG, REUTERS, Hollywood, Writers Guild of America, Reuters, Thomson Locations: Leicester Square, London, Britain, U.S

☆ Catley penalty gives Kerr-less Australia winning start
▼ + stars: | 2023-07-20 | by ( Nick Mulvenney | Thomson Reuters | Leads Coverage Of Sport Across The Asia-Pacific. Still Reports On The Full Panoply Of Sport. Many Olympics World Cups World Championships Grand Slams Grands Prix | ) www.reuters.com time to read: +3 min

The second shot on goal came just before halftime but Katrina Gorry's long-range effort was easily gathered by Courtney Brosnan in the Ireland goal. Australia came out with more intent after the break and the half was only seven minutes old when Kyra Cooney-Cross sent the ball looping into the box and Ireland forward Marissa Sheva shoved Raso to the ground. Catley gave Brosnan no chance with the penalty, striking the ball with her left foot firmly into the top corner of the Ireland net. The penalty appeared to ease the Australian nerves and Mary Fowler, who had replaced Kerr up front, almost immediately stormed forward and lashed a shot high over the bar. Australia, however, held on to make a winning start to a tournament in which they feel they can be genuine contenders after wins over England, Spain and France this year.

Persons: Steph Catley, Joy SYDNEY, Sam Kerr, Kerr, Catley, Hayley Raso, Katrina Gorry's, Courtney Brosnan, Kyra Cooney, Cross, Marissa Sheva, Raso, Brosnan, Mary Fowler, Caitlin Foord, Megan Connolly, Katie McCabe, Mackenzie Arnold, Louise Quinn, Nick Mulvenney, Peter Rutherford Organizations: Soccer Football, FIFA, of Ireland, REUTERS, Australia, Ireland, England, Thomson Locations: New Zealand, Australia, of, Sydney, Ireland, Auckland, Spain, France

☆ Advocates hoping for domestic dividend from Women's World Cup
▼ + stars: | 2023-07-19 | by ( Lori Ewing | ) www.reuters.com time to read: +5 min

"Us advocates can talk about the value of women's sport, how you should sponsor it and support women's football etc, (but) until people feel it, they really don't know what's in it. Olympic champions Canada will not launch the country's first women's pro league until 2028 but they are still hoping the World Cup will help. 'DO OR DIE'Kara Nortman, a venture capitalist and co-founder of National Women's Soccer League (NWSL) team Angel City FC, knows well what impact the Women's World Cup can have on domestic football. Despite the strength of the United States team, the NWSL was on shaky ground in the lead-up to the 2019 World Cup. "I felt this immense amount of stress and pressure around the 2019 World Cup," Nortman said.

Persons: Rebecca Sowden, Chloe Kelly, tugging, it's, Sowden, Sophie Schmidt, Diana Matheson, It's, Matheson, Kara Nortman, Nortman, Natalie Portman, Oscar, Australia's, Hayley Raso, Lori Ewing, Nick Mulvenney, Peter Rutherford Organizations: SYDNEY, Wembley, England European, FIFA, Football Ferns, Olympic, Canada, Canadian Press, National Women's Soccer League, Angel City FC, United States, E Networks, Heineken, Australia, Manchester City, Guardian, Thomson Locations: France, Canada, Toronto, Vancouver, Calgary, Los Angeles, Wellington Phoenix, Europe, England, Australia

Brent futures rose $1.13, or 1.4%, to settle at $79.63 a barrel, while U.S. West Texas Intermediate (WTI) crude rose $1.60, or 2.2%, to settle at $75.75. Higher interest rates increase borrowing costs and can slow economic growth and reduce oil demand. Energy traders expect "the oil market will remain tight as Russian shipments drop and as China prepares to provide more support to households," said Edward Moya, senior market analyst at data and analytics firm OANDA. Looking ahead, the oil market is waiting for U.S. oil inventory data from the American Petroleum Institute (API), an industry group, on Tuesday and the EIA on Wednesday. Analysts in a Reuters poll forecast a 2.4-million barrel draw from U.S. crude stocks during the week ended July 14.

Persons: Edward Moya, Kristalina Georgieva, Gelber, Natalie Grover, Stephanie Kelly, Andrew Hayley, David Holmes, Jan Harvey, Jonathan Oatis Organizations: . Federal, U.S, West Texas, ING, Energy, Monetary, U.S . Energy Information Administration, American Petroleum Institute, Associates, World Meteorological Organization, Thomson Locations: China, U.S, Europe, Asia, London, New York, Beijing

Summary U.S. dollar falls to 15-month low against basket of currenciesU.S. oil output to decline in August - EIA outlookUpcoming - U.S. oil inventory data from API and EIANEW YORK, July 18 (Reuters) - Oil prices climbed more than 1% on Tuesday as a weaker U.S. dollar and expected decline in U.S. output outweighed softer-than-expected Chinese economic data. Higher interest rates increase borrowing costs and can slow economic growth and reduce oil demand. CRUDE DEMAND STILL A CONCERNComments that global economic growth activity is slowing helped keep crude price gains in check. In the U.S., shale oil production will likely decline in August for the first time since December, projections from the EIA show. Global supplies are expected to see a boost from the resumption of output at two of three Libyan fields that were shuttered last week.

Persons: Brent, Kristalina Georgieva, Jun Rong Yeap, Natalie Grover, Stephanie Kelly, Andrew Hayley, Jason Neely, David Holmes, Jan Harvey Organizations: U.S, West Texas, U.S ., . Federal, American Petroleum Institute, U.S . Energy Information Administration, Monetary Fund, IG, Thomson Locations: China, U.S, Singapore, London, New York, Beijing

☆ Oil steadies as investors eye US crude supplies
▼ + stars: | 2023-07-18 | by ( Natalie Grover | ) www.reuters.com time to read: +2 min

Summary Both benchmarks dip more than 1.5% on MondayInvestors eye US crude, product inventories dataChina's frail growth raises urgency for policy supportLONDON, July 18 (Reuters) - Oil prices were little changed on Tuesday as investors weighed a possible tightening of U.S. crude supplies against weaker-than-expected Chinese economic growth. Both benchmark contracts had fallen more than 1.5% on Monday following lacklustre economic data from China, the world’s largest oil importer, as well as the partial restart of some Libyan oilfields. Brent crude was up 26 cents at $78.76 a barrel by 1151 GMT, while U.S. West Texas Intermediate (WTI) crude rose 28 cents to $74.43 a barrel in relatively muted trading, with the contract set to expire on Thursday. Market participants were awaiting industry data later on Tuesday that is expected to show U.S. crude oil stockpiles and product inventories fell last week. Still, global supplies are expected to see a boost from the resumption of output at two of three Libyan fields that were shuttered last week.

Persons: Brent, Rong Yeap, John Evans, Evans, Natalie Grover, Stephanie Kelly, Andrew Hayley, Jason Neely, David Holmes Organizations: Investors, U.S, West Texas, Energy, Administration, IG, Thomson Locations: China, U.S, Singapore, Saudi Arabia, London, New York, Beijing

☆ Oil steadies as investors digest China gloom, eye US crude supplies
▼ + stars: | 2023-07-18 | by ( Natalie Grover | ) www.reuters.com time to read: +2 min

Summary Both benchmarks dip more than 1.5% on MondayInvestors eye US crude, product inventories dataChina's frail growth raises urgency for policy supportLONDON, July 18 (Reuters) - Oil prices were little changed on Tuesday as investors weighed a possible tightening of U.S. crude supplies against weaker-than-expected Chinese economic growth. Brent crude was down 1 cent at $78.49 a barrel by 0753 GMT, while U.S. West Texas Intermediate crude edged up 1 cent to $74.16 a barrel. Both contracts fell more than 1.5% on Monday, following lacklustre Chinese data and the partial restart of some Libyan oilfields. Market participants were awaiting industry data later on Tuesday that is expected to show U.S. crude oil stockpiles and product inventories fell last week. Still, global supplies are expected to see a boost from the resumption of output at two of three Libyan fields that were shuttered last week.

Persons: Brent, Rong Yeap, John Evans, Natalie Grover, Stephanie Kelly, Andrew Hayley, Lincoln, Jason Neely Organizations: Investors, U.S, West Texas, IG, Energy, Administration, Saudi, Thomson Locations: China, Singapore, U.S, London, New York, Beijing

CNN —Two more tourists have been caught apparently defacing the Colosseum in Rome, following a similar incident in June. The very next day, a 17-year-old student from Germany was caught allegedly doing something similar. This is the same punishment potentially faced by a 27-year-old British tourist who was filmed apparently carving his name into the wall of the ancient arena last month. Dimitrov allegedly scratched “Ivan+Hayley 23” into the wall of the Colosseum, representing his and his girlfriend’s names. A similar incident also occurred in 2020, when security staff spotted an Irish tourist allegedly carving his initials into the ancient structure and reported him to the police.

Persons: Ivan Dimitrov, “, regrettably, ”, Alexandro Maria Tirelli, Dimitrov, Ivan, Hayley, Gennaro Sangiuliano Organizations: CNN Locations: Rome, Switzerland, Province of Rome, Germany, Irish

He also urged China to partner with the United States to cut methane emissions and reduce the climate impact of coal-fired power, with the two sides aiming to rebuild trust following a suspension in talks last year. Kerry praised the "incredible job" China has been doing in building up renewable energy capacity but said it had been undercut by the construction of new coal power plants. China has pledged to start reducing coal consumption, but not until 2026, and new coal power project approvals have accelerated since last year. Kerry's third visit to China as U.S. climate envoy marks the formal resumption in top-level climate diplomacy between the two countries. Kerry and Xie met on Sunday night for a one-on-one dinner.

Persons: John Kerry, Xie Zhenhua, Xie, Kerry, Nancy Pelosi, Valerie Volcovici, Andrew Hayley, David Stanway, Sonali Paul, Jacqueline Wong Organizations: State, U.S, . House, Beijing, Thomson Locations: BEIJING, China, United States, Dubai, U.S, Beijing, Taiwan

☆ Opinion: Mark Zuckerberg’s family photo raises this crucial question
▼ + stars: | 2023-07-15 | by ( Opinion Priya C. Kumar | ) edition.cnn.com time to read: +7 min

CNN —Sandwiched between a Jiu-Jitsu video and the Threads announcement, Mark Zuckerberg’s Instagram profile recently featured a casual Independence Day snapshot of him and his family. This prompted social media comments accusing Zuckerberg of hypocrisy, given the constant outcry over his company Meta’s privacy practices. Mark Zuckerberg posted this picture with his family on Instagram on July 4, 2023. A decade ago, a research team and I interviewed more than 100 parents about their social media use. That’s the real privacy problem of social media, and it affects children and adults alike.

Persons: Priya C, Kumar, Mark Zuckerberg’s, Zuckerberg, Kumar Hayley Wildeson, There’s, Mark Zuckerberg, Ulla Autenrieth, they’ve Organizations: Pennsylvania State University, CNN, Twitter, Facebook Locations: emojis, childrearing, Instagram, Swiss

☆ How the ultra-rich use trusts to protect the family fortune if their heirs get sued or divorced
▼ + stars: | 2023-07-14 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +6 min

Four lawyers to the wealthy told Insider how these spendthrift trusts work. How spendthrift trusts workSpendthrift trusts can be used to defend an heir in virtually any kind of legal dispute. Robert Strauss, partner at Weinstock Manion, does not view spendthrift trusts as a substitute for prenups. Having separate beneficiaries and trustees is just one way to strengthen a spendthrift trust's power. Domestic asset protection trusts set up in a trust-friendly state like Delaware are very secure, he said.

Persons: Laurene Powell Jobs, Phil Knight, Karen Yates, didn't, Jere Doyle, Doyle, Spendthrift, Yates, Robert Strauss, Weinstock Manion, Strauss, Cindy Brittain, Karlin & Peebles Organizations: Apple, Nike, Mellon Wealth Management, Karlin & Locations: California, South Dakota, Delaware

☆ How you can save $500 or more on a flight to Europe this year
▼ + stars: | 2023-07-14 | by ( Greg Iacurci | ) www.cnbc.com time to read: +1 min

Airfare to Europe hit an all-time high this summer. But those dissuaded by the sticker shock can still travel overseas in coming months and cut costs by perhaps hundreds of dollars a ticket. Flying to Europe from the U.S. during the fall "shoulder season" — in September and October — instead of in the summer will save the average traveler $500 per round-trip ticket, according to data from Hopper, a travel app. Europe is the most popular overseas destination for U.S. tourists this summer. But travelers to top European cities would save 34%, on average, by going in the fall instead of June, July or August, Hopper found.

Persons: —, Hopper, Hayley Berg, Hopper's Organizations: —, Finance Locations: Europe, U.S, Rome, London, Barcelona

☆ US airline stock valuations stuck on runway despite travel boom
▼ + stars: | 2023-07-12 | by ( Rajesh Kumar Singh | ) www.reuters.com time to read: +4 min

REUTERS/Jim Vondruska/File PhotoCHICAGO, July 12 (Reuters) - Relentless travel demand has sent bookings at U.S. carriers soaring, translating into bumper earnings. Airline shares have suffered because of bearish sentiment about the broader economy as interest rates are up sharply and inflation remains high, analysts said. There are still no signs of air travel demand waning as ticket purchases for the rest of 2023 are up 4%, said Steve Solomon, ARC's chief commercial officer. Believers in airline stocks have seen signs of hope this year. Global Investors' Holmes said airline shares are poised for even more gains.

Persons: Jim Vondruska, Refinitiv, Jefferies, Sheila Kahyaoglu, TD Cowen, Frank Holmes, Steve Solomon, Hopper, Hayley Berg, Hopper's, airfares, Holmes, Rajesh Kumar Singh, Ben Klayman, Nick Zieminski Organizations: Chicago Midway International, REUTERS, Airline, US Global Jets ETF, United Airlines, Delta Air Lines, Airlines, Global Investors, U.S . Transportation, Airlines Reporting Corporation, ARC, airfare, Delta, American Airlines, Global, Thomson Locations: Chicago , Illinois, U.S, Europe, United

☆ ‘Mission: Impossible — Dead Reckoning Part One’ Review: Still Running
▼ + stars: | 2023-07-11 | by ( Manohla Dargis | More About Manohla Dargis | ) www.nytimes.com time to read: +2 min

I don’t know if anyone has ever clocked whether Tom Cruise is faster than a speeding bullet. He racks up more miles in “Mission: Impossible — Dead Reckoning Part One,” the seventh entry in a 27-year-old franchise that repeatedly affirms a movie truism. That is, there are few sights more cinematic than a human being outracing danger and even death onscreen — it’s the ultimate wish fulfillment! Once again, he plays Ethan Hunt, the leader of a hush-hush American spy agency, the Impossible Mission Force. The whole thing is complicated, as these stories tend to be, with stakes as catastrophic as recent news headlines have trumpeted.

Persons: Tom Cruise, —, Ethan Hunt, Rebecca Ferguson, Vanessa Kirby, handymen, Simon Pegg, Ving, Ethan, ”, that’s, Hunt, Harley Quinn, Rome —, Wade Eastwood, Grace, Hayley Atwell Organizations: Mission Force Locations: “, Paris, Rome

☆ SoftBank's View avoids SEC fine, but is still running low on cash. How it went from investor darling to SPAC disaster.
▼ + stars: | 2023-07-05 | by ( Hayley Cuccinello | Aaron Weinman | ) www.businessinsider.com time to read: +3 min

SoftBank-funded View Inc. has been dogged by regulatory troubles for more than a year and a half. The agency declined to fine View as the company self-reported the liability understatement, cooperated with the investigation, and "promptly undertook remedial measures." The SEC order did find that View violated several securities laws pertaining to negligence-based antifraud, internal accounting controls, and other matters. The firm's controversial CEO, Rao Mulpuri, has managed to raise cash for View multiple times when the company ran perilously low on cash, including from the now-bankrupt financier Greensill Capital. This is the second time View has been threatened with delisting since going public via SPAC in March 2021.

Persons: Vidul Prakash, Prakash, Rao Mulpuri, He's Organizations: Inc, Securities and Exchange Commission, SEC, Greensill, New York Stock Exchange Locations: California, SPAC

☆ Explainer: How is extreme weather testing China's climate resilience?
▼ + stars: | 2023-07-05 | by ( ) www.reuters.com time to read: +5 min

BEIJING, July 5 (Reuters) - Dramatic swings between extreme heat and intense rainfall are testing China's ability to cope with increasingly wild weather, as high temperatures challenge power grids and water security while floods ruin crops and threaten urban populations. The average number of high-temperature days stood at 4.1 in January-June, already higher than the full-year average of 2.2 days. Heatwaves spur demand for electricity to cool homes, malls and offices, taxing power supply and even triggering blackouts. Factories also shut when power demand exceeds supply to meet demand from residential and non-industrial users. The southern province of Hunan, which produces around 13% of China's rice, has been hit by continuous rain since late June.

Persons: Qiaoyi Li, Ethan Wang, Qin, Ryan Woo, Andrew Hayley, David Stanway, Sonali Paul Organizations: Factories, Thomson Locations: BEIJING, China, Beijing, Yunnan province, Yunnan, Sichuan, Hunan, Zhengzhou, Guangxi, CHINA

☆ The ultra-rich hopping on the AI bandwagon might be the biggest sign the tech is legit
▼ + stars: | 2023-06-30 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

The job of family offices, investment firms tasked with managing the fortunes of the ultra-rich, has never been about getting massive returns. Which is why Hayley Cuccinello's story on family offices investing in artificial intelligence is so fascinating. Hayley spoke to executives at family offices about how they're navigating the modern-day gold rush that is AI investing. Of course, a lot of those deals never materialized and most family offices have now largely eschewed digital currencies altogether. The difference is family offices have largely gotten in on AI long before the bandwagon arrived, Hayley reports.

Persons: Dan DeFrancesco, It's, we've, Samantha Lee, Hayley Cuccinello's, Hayley, it's, Read, Erin McDowell, Goldman, Bill Gates, Morgan Stanley, James Gorman, Caniacs, Jeffrey Cane, Hallam Bullock Organizations: Mastercard, Refinitiv, Intelligence, Gates Ventures, Wall Street, LinkedIn Locations: Here's, Wall, Silicon, insider.com, Spain, Austin , Texas, Midtown Manhattan, New York City, New York, London

☆ Police say tourist filmed allegedly carving ‘Ivan+Hayley’ on Rome’s Colosseum has been identified
▼ + stars: | 2023-06-29 | by ( Julia Buckley | ) edition.cnn.com time to read: +3 min

CNN —He caused shockwaves around the world when he was filmed apparently carving his name into a wall of Rome’s 2,000-year-old Colosseum – and grinning when he realized he was caught on camera. The visitor who this week allegedly scratched “Ivan+Hayley 23” on a brick wall of one of the world’s most precious buildings, has been identified, according to Italy’s culture minister. Police “identified the main suspect through traditional investigations and photographic comparison,” they wrote. In 2020, an Irish tourist was reported to the police for allegedly carving his initials into a wall. Last August, an American couple were caught carving their initials into the Arch of Augustus, a 2,000-year-old monument beside the Colosseum.

Persons: Ivan, Hayley, ”, Gennaro Sangiuliano, Hayley ”, Sangiuliano, commesso, k2apyx026A — Gennaro Sangiuliano, UK . Police “, “, ” Sangiuliano, Augustus, CNN’s Sharon Braithwaite Organizations: CNN, . Culture, Ministry, Culture, Piazza Venezia, Carabinieri, UK . Police, ” Locations: shockwaves, England, Irish, American

☆ Italian police blame couple from England for Colosseum graffiti
▼ + stars: | 2023-06-29 | by ( ) www.reuters.com time to read: +1 min

[1/2] A general view of the Colosseum, in Rome, Italy May 30, 2023. REUTERS/Remo Casilli/File PhotoROME, June 29 (Reuters) - Italian police have identified a couple from England as the likely culprits after graffiti was scribbled on a wall at the Colosseum in Rome last week, prompting widespread anger. Italy's Carabinieri police said they had been helped to identify the couple by photographic evidence but did not name them. A police source said the man had been placed under formal investigation but the couple had left the country before the authorities could catch up with them. "This act was offensive to everyone around the world who appreciates the value of archaeology, monuments and history," said Italian Culture Minister Gennaro Sangiuliano.

Persons: Remo Casilli, Ivan, Hayley, Gennaro Sangiuliano, Emilio Parodi, Keith Weir, Conor Humphries Organizations: REUTERS, Thomson Locations: Rome, Italy, England, Italian

☆ Family offices are backing AI, even as rich Americans are skeptical of the hype
▼ + stars: | 2023-06-29 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +5 min

Billionaires like Google's Eric Schmidt are betting big on AI through their family offices. Insider talked to family office insiders to learn how to find real deals amid the hype cycle. So many startups are claiming to use AI that family offices are wary of "AI washing" when considering direct venture deals, according to Karl Rogers, chief investment officer at Irish family office Elkstone. But they are still circumspect, he said, as family offices typically prioritize long-term wealth preservation over aggressive growth. "Hype cycles tend to imply immediate returns, which is contrary to how family offices usually think," said Hsu, whose fund counts the Pritzker family as investors.

Persons: Eric Schmidt, Stanley Druckenmiller, ChatGPT, Karl Rogers, Rogers, Paul Hsu, Hsu, Pritzker, They've, Jon Dutton, Dutton, Anthony Manna, he's, I've Organizations: Nvidia, Google, Mistral, Fidelity, M7 Holdings, Bloomfield Robotics

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