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CNN —A group of investors is suing Sotheby’s Holdings Inc. and others over a 2021 auction and promotion of Bored Ape Yacht Club non-fungible tokens (NFTs) following a collapse in prices for the celebrity-endorsed collectibles. Sotheby’s is among 30 defendants named in the lawsuit, with celebrities like Justin Bieber and Paris Hilton also accused of promoting the NFT collection without disclosing their financial links to it. A spokesperson for Yuga Labs meanwhile said, via email: “We believe that these new allegations, like those in the previous iteration of this opportunistic complaint, are completely without merit or factual basis. “As a media and technology company, Yuga Labs has empowered strong communities of enthusiasts and entrepreneurs to innovate, connect, and build. The Bored Ape Yacht Club, a collection of 10,000 NFTs hosted on the Ethereum blockchain, launched in April 2021.
Persons: Yuga, Justin Bieber, Paris Hilton, Sotheby’s, NFTs, , Jack Dorsey’s, LeBron James, “ Beeple, , ” —, MoonPay Organizations: CNN, Sotheby’s Holdings Inc, Paris Hilton, Labs, Yuga Labs, Twitter, Adidas, Securities and Exchange Commission Locations: California, freefall
Opinion | Biden and America’s Big Green Push
  + stars: | 2023-08-17 | by ( Paul Krugman | ) www.nytimes.com   time to read: +1 min
A year ago, defying predictions that President Biden’s agenda was dead in the water, Congress passed the Inflation Reduction Act. is sort of the Holy Roman Empire of legislation — as in being neither holy, nor Roman, nor an empire. Along with the CHIPS Act — Creating Helpful Incentives to Produce Semiconductors — the federal government is suddenly engaged in large-scale industrial policy, promoting particular sectors as opposed to the economy as a whole. Incidentally, I wish Congress would pass the ETAA — End Tacky Acronyms Act. And there were members of Congress who wanted America to promote what they saw as cutting-edge companies, including video game producers.
Persons: Biden’s Organizations: Semiconductors, Atari Democrats Locations: America
“Some accountability,” she added, would “make people think twice before pushing the envelope and trying to break the law.”Despite the flood of criminal charges, election denialism persists in American politics. Many of the 147 Republicans in Congress who voted to overturn the election were re-elected, and Mr. Trump has made false election claims central to his campaign to take back the White House. (Mr. Trump and Mr. Giuliani, among others, have said they did nothing wrong and have cast the charges as politically motivated.) It is still far from clear whether Mr. Trump and his allies who face charges will ultimately be convicted. In addition to the criminal charges, several lawyers who pushed baseless election claims in court are facing disbarment.
Persons: , Wendy Weiser, denialism, Trump, Giuliani Organizations: Brennan Center for Justice, Republicans, Trump, Fox News, Dominion Voting Systems, Department Locations: Georgia
CNN —Female reproductive health experts are calling on Meta, the parent company of Facebook and Instagram, to rethink its restrictions on reproductive health content. The company has long faced criticism for removing and restricting female reproductive health information with a prominent report from the Center for Intimacy Justice early last year accusing Meta of systematically rejecting many female and gender diverse reproductive health ads. Lets talk about p3riodsThe practice of censoring female reproductive health content is not unique to Meta, with similar issues reported on other social media platforms. CNN asked Meta about the reports that it is continuing to remove, restrict, and shadow-ban female reproductive health content. CNN also asked Meta why all female reproductive health, including menstrual health, is classified as an 18+ issue.
Persons: Meta, Jackie Rotman, ” Rotman, Hazel Wallace, , , ” Wallace, Ryan Daniels, Wallace, Tracey Lindeman, ” “ You’re, ” Lindeman Organizations: CNN, Meta, Facebook, Intimacy Justice
A man rides his bicycle across the street under the Guomao bridge at the Central Business District in Beijing, China, October 19, 2015. Bank of China didn't immediately reply to a Reuters' request for comment. The move follows pay cuts being made at investment banks such as China International Capital Corp (CICC) (3908.HK). Two of the sources said the bank had finished implementing the plan at its headquarters in the first half of the year. A third source said the bank's Shanghai branch staff last week received notice that the bank would be reducing pay gaps there.
Persons: Jason Lee, Xi Jinping, Bank of China didn't, Ziyi Tang, Rong Ma, Ryan Woo, Hugh Lawson Organizations: Central Business District, REUTERS, Bank of China Ltd, Communist Party, Bank of, China International Capital Corp, HK, of, Central Commission, Inspection, Shanghai, Thomson Locations: Beijing, China, BEIJING, Bank of China, of China, Shanghai
WARSAW, Aug 14 (Reuters) - Two Russians accused of disseminating propaganda on behalf of the Wagner mercenary group in two Polish cities have been arrested and charged with espionage, Interior Minister Mariusz Kaminski said on Monday. They fly-posted around 300 leaflets in Krakow and Warsaw, which were among around 3,000 pro-Wagner items of propaganda in their possession, the press office of the minister responsible for coordinating special services said in a statement. "Both were charged with espionage, among other things," Kaminski wrote on messaging platform X, formerly known as Twitter. Mercenaries of the Wagner Group have served as shock troops in Ukraine and are expanding their presence in West Africa. ($1 = 101.3925 roubles)Reporting by Pawel Florkiewicz; Editing by Toby Chopra and John StonestreetOur Standards: The Thomson Reuters Trust Principles.
Persons: Wagner, Mariusz Kaminski, Kaminski, Yevgeny Prigozhin, Pawel Florkiewicz, Toby Chopra, John Stonestreet Organizations: WARSAW, Wagner Group, Prosecutors, Thomson Locations: Krakow, Warsaw, Ukraine, West Africa, Russian, Belarus, Poland
One of the biggest AI moments this year involved a deepfake image of the Pope in a big coat. Now the Vatican has released a statement where Pope Francis warns against AI's dangers. The Pope said AI could lead to discrimination, but there should be an open dialogue to ensure it benefits humanity. Pope Francis was at the center of one of this year's most viral AI controversies, and now he's warned against the dangers of the budding technology. Instead, the Pope said AI should be "at the service of humanity and the protection of our common home."
Persons: Pope, Pope Francis, Francis, MiqkcLQ8Bd, Nikita S, Pablo Xavier, Buzzfeed, Sam Altman Organizations: Intelligence, Guardian, Wall Street Locations: Brooklyn, Chicago, Kenya
Pope Francis warns about AI’s dangers
  + stars: | 2023-08-09 | by ( Brian Fung | ) edition.cnn.com   time to read: +1 min
Washington CNN —Pope Francis warned that artificial intelligence could pose a risk to society, highlighting its “disruptive possibilities and ambivalent effects” and urging those who would develop or use AI to do so responsibly. Other industry experts and policymakers have expressed concerns that AI could facilitate the spread of fraud, misinformation, cyberattacks and perhaps even the creation of biological weapons. Francis himself has been the subject of AI-generated deepfakes. Earlier this year, an AI-generated image of Francis wearing a white, puffy Balenciaga-inspired coat went viral. Tuesday’s message announced the theme for 2024’s World Day of Peace, which the Pope said would focus on AI and peace.
Persons: Washington CNN — Pope Francis, Francis, ” Francis, ” Francis’s, puffy Balenciaga, Pope, Organizations: Washington CNN
The two women had originally sued other defendants, including the One America News Network and some of its top officials, but ultimately settled the case against everyone except Mr. Giuliani. It was one of a series of defamation cases where plaintiffs sought to use the courts to seek accountability against public figures or media outlets that lied about the outcome of the 2020 election and its aftermath. In April, Fox News paid more than $787 million to settle claims by Dominion Voting Systems over the network’s promotion of misinformation about the election. Ray Epps, an Arizona man who took part in the Capitol riot on Jan. 6, 2021, sued Fox this month, claiming that its former host Tucker Carlson had promoted a “fantastical story” that Mr. Epps was an undercover government agent who instigated the violence that day as a way to disparage Mr. Trump and his supporters. Last year, Ms. Freeman and Ms. Moss appeared as witnesses at a public hearing of the House select committee investigating Jan. 6 and told the story of what happened after Mr. Giuliani amplified the false claims that they had pulled thousands of fraudulent ballots from a suitcase in their vote-counting station and illegally fed them through voting machines.
Persons: ” Mr, Gottlieb, Freeman, Moss, Trump, Giuliani, Ray Epps, Tucker Carlson, Epps, Jan, Mr Organizations: One America News Network, Fox News, Dominion Voting Systems, Fox Locations: Arizona
ChatGPT excelled at predicting a stock's price direction based on news sentiment. They found that while ChatGPT excelled at predicting a stock's direction based on news sentiment, it is not without limitations. They prompted ChatGPT to assign the following scores to headlines: "1" for good news, "0" for unknown and "-1" for bad news. Is this headline good or bad for the stock price of (company name) in the term (short or long-term)?" This meant negative news had a greater and longer impact in the real world than in the simulation,, likely giving ChatGPT an advantage, Lopez-Lira noted.
Persons: ChatGPT, Bard, Alejandro Lopez, Yuehua Tang, Merrill Lynch, Lopez, Lira, Tang, Russell, BERT, Philip Morris, Gene Tipps, David Capablanca, Alpesh Patel, Praefinium, Patel, Capablanca, GPT's, it's, Cory Mitchell, would've, Mitchell, you'll, they're Organizations: University of Florida, of Florida's Department, Finance, Lira, Center for Research, Linux, NYSE, Nasdaq, GPT, Design, Cadence Design, Philip Morris Beats, Global, Global Operations, Dow Locations: GPT
India rejects BYD's $1 bln factory proposal -Economic Times
  + stars: | 2023-07-22 | by ( ) www.reuters.com   time to read: +1 min
NEW DELHI, July 22 (Reuters) - India has rejected Chinese automaker BYD Co's (002594.SZ) proposal to set up a $1 billion factory in India in partnership with Hyderabad-based Megha Engineering and Infrastructure Ltd, the Economic Times reported on Saturday. Reuters reported this month that BYD had submitted a $1 billion investment proposal to build electric cars and batteries in India in partnership with a local company. Reuters could not independently verify the contents of The Economic Times' report. India's Department of Commerce, Department for Promotion of Industry and Internal Trade (DPIIT) had sought opinions from other departments on the investment proposal, the report said. "Security concerns with respect to Chinese investments in India were flagged during the deliberations," the report quoted an Indian official as saying.
Persons: BYD, Sarita Chaganti Singh, Jason Neely Organizations: Engineering, Infrastructure Ltd, Economic Times, Reuters, India's Department of Commerce, Department, Promotion of Industry, Internal, Thomson Locations: DELHI, India, Hyderabad
The Hollywood writers' strike got a boost when actors joined the picket lines in July. Together, the SAG-AFTRA and WGA strikes have upended development and promotion of new content. Read more about the issues and demands driving the WGA and SAG-AFTRA strikes:When will the SAG-AFTRA and WGA strikes end? Some are predicting that the writers' strike appears to be on course to outlast the previous the 100-day WGA strike of 2007-8, which cost the California economy roughly $2 billion. Read more about how Hollywood companies prepared for the strikes:Getting a job in Hollywood right now: Is anyone still hiring?
Persons: AFTRA, Oppenheimer, Abbott, Fran Drescher, it's, Read, Adam Conover, Ted Sarandos, David Zaslav, picketers, showdowns, Hollywood's, Reed Alexander, Lucia Moses Organizations: Hollywood, SAG, WGA, Writers Guild of America, Alliance, Television Producers, Netflix, Warner Bros, Discovery, Employees, Wall, Big Tech Locations: Los Angeles and New York City, California, Hollywood
Actors who host podcasts were divided on how or whether to continue their programs this week, as the 8-day-old Hollywood actors’ strike reverberated through an adjacent industry that didn’t exist during the union’s last work stoppage 43 years ago. The official targets of the strike are film and television productions associated with the Alliance of Motion Picture and Television Producers, a group that includes all of the major Hollywood studios and streamers like Netflix, Amazon and Apple. But messaging from the actors’ union, SAG-AFTRA, barring promotion of past or future work for the studios has left some members unsure of whether their podcasts are in violation of union policy. The actors hosting podcasts that recap the TV shows “It’s Always Sunny in Philadelphia,” “One Tree Hill” and “Bones,” for example, canceled or did special episodes this week.
Persons: Organizations: Alliance, Television Producers, Hollywood, Netflix, SAG Locations: Philadelphia
Many social media influencers have joined them. And many influencers work directly with movie studios and other Hollywood entities, who pay them to promote shows and movies, whether it’s on TikTok, YouTube or the red carpet. This week, SAG-AFTRA announced specific guidelines for influencers during the strike. Influencers are advised to “not accept any new work for promotion of struck companies or their content.” That means no TikToks about Barbenheimer or red carpet walks for “Meg 2: The Trench.”And SAG doesn’t care if influencers are being paid for those posts or not. Any posts about struck work are considered to be crossing the picket line.
Persons: AFTRA, , Meg, Barbie ” Organizations: SAG, YouTube, influencers Locations: TikTok
CNN —Trump allies Michael Flynn and Steve Bannon have been subpoenaed by Smartmatic as part of the voting technology company’s massive defamation lawsuits against Fox News and Newsmax over their promotion of 2020 election lies. Court filings made public last week in New York and Delaware indicate that Flynn and Bannon were hit with subpoenas, demanding that they sit for depositions and answer questions under oath. Fox News and Newsmax deny wrongdoing and are fighting the lawsuits. Both Flynn and Bannon played a key role in Trump’s attempts to overturn his 2020 election defeat. Bannon was federally indicted in a fraud scheme in 2020, through Trump pardoned him before trial.
Persons: CNN — Trump, Michael Flynn, Steve Bannon, Smartmatic, Flynn, Bannon, Trump, Donald Trump, Fox News –, Trump’s Organizations: CNN, Fox News, Republican, Fox, Systems, Electoral College, Trump, FBI, Trump - Locations: New York, Delaware, Florida, Washington
The influential Fox News lineup, which debuts Monday night, is made up of Trump mouthpieces — personalities who have willfully spread propaganda and misinformation on behalf of Trump during his years in the White House. With the surprise firing of Tucker Carlson from the 8pm perch this spring, Murdoch had the opportunity to reshape Fox News prime time. Winding back the Republican Party to a previous era may be impossible, even for Murdoch. Even if Youngkin did enter the race, Murdoch surely knows that his odds of dethroning Trump would be slim. Which may explain his decision to go with a prime time lineup that has reliably championed Trump.
Persons: Rupert Murdoch, Donald Trump, Tucker Carlson, Murdoch, Trump, MAGA, Laura Ingraham, Sean Hannity, Jesse Watters, Greg Gutfeld, Murdoch’s, Ron DeSantis, DeSantis, Glenn Youngkin, Youngkin, dethroning Trump Organizations: CNN, GOP, Fox News, Republican Party, Trump, Republican, Florida Gov, Virginia Gov
BUDAPEST, July 15 (Reuters) - Thousands of Hungarians braved scorching heat for the annual Pride march in Budapest on Saturday, protesting against government controls over public displays by the LGBT community. "I think the Budapest Pride is really liberating, we can be very proud of it, but I think we are still discriminated in the grey everyday life," designer Danyi Mark. [1/5]People attend the annual Pride march in Budapest, Hungary, July 15, 2023. On Friday, the embassies of the United States, Germany and 36 other countries urged Hungary to protect LGBT rights and scrap discriminatory laws. The government stance towards Hungary's LGBT community was seen as resonating with Orban's conservative voters in the countryside ahead of his fourth-term election win in 2022.
Persons: Viktor Orban's, Gergely Varga, Danyi Mark, Bernadett Szabo, Hungary's, David Pressman, Boldizsar Gyori, Andrew Cawthorne Organizations: European Union, REUTERS, Thomson Locations: BUDAPEST, Budapest, Hungary, United States, Germany
CNN —Hungary’s second-largest bookstore, Lira, said on Friday it plans to take legal action after it received a hefty government fine for the sale of an LGBT-themed British webcomic and graphic novel aimed at teenagers without closed wrapping. The popular “Heartstopper” series, in which two gay teens fall in love, has also been adapted by Netflix as a romantic comedy-drama. Krisztian Nyary, Lira’s creative director and a well-known author himself, told Reuters the fine was disproportionate, the law vaguely worded and that the bookstore would respond legally. Books that feature LGBTQ+ characters are seen wrapped in plastic foil in a bookstore in Budapest, Hungary, on July 11. This is not the first time a Hungarian government office has fined a bookstore for a violation of the law.
Persons: CNN —, Alice Oseman’s “, Krisztian, Bernadett Szabo, , , Viktor Orban’s, ” Nyary Organizations: CNN, Lira, Netflix, Reuters, European Union, European Commission, Justice Locations: Budapest, Lira, Hungary, United States, Germany
It has already been a difficult year for movie theaters, with the North American box office down roughly 20 percent from last year. And that was when actors could promote their films. SAG-AFTRA officials convened conference calls with Hollywood’s top agencies and publicists this week to explain the strike rules for both the production and the promotion of coming projects. And on Thursday, after announcing the strike, the union released its rules for its membership. “When you don’t have any form of publicity, which is free to a certain extent, you have to try to make up that noise.
Persons: “ It’s, ” Terry Organizations: American, SAG, Con, ” Terry Press Locations: San Diego, Hollywood
It plans to more than double its boutiques in the U.S. to 50 by 2026, according to TAG Heuer CEO Frédéric Arnault. Frédéric Arnault, CEO of TAG Heuer. Arnault said TAG Heuer is making strides due in part to marketing wins and new products, such as the new TAG Heuer Monaco Chronograph with a skeleton dial worn by Verstappen, which clocks in at more than $10,000. Gosling has been sporting a 36mm TAG Heuer Carrera with a bright pink dial as part of his promotion of the new "Barbie" movie. Arnault said "Barbie" fans can expect to see other TAG Heuer watches in the film as well.
Persons: Frédéric, Bernard Arnault, Arnault, Max Verstappen, Sergio Perez, Frédéric Arnault, LVMH, Fred, Louis Vuitton, Bulgari, Philippe Nautilus, Ryan Gosling, Gosling, Barbie, Ryan Organizations: LVMH, TAG, TAG Heuer, CNBC, Oracle Red Bull Racing, Monaco, CNBC TAG, Zenith, Carrera Locations: U.S
Anas Haqqani, a Taliban official, said Twitter is more committed to "free speech" than its rivals. Haqqani's father founded the Haqqani Network, a US-designated foreign terrorist organization. The Taliban was designated a terrorist group more than a decade earlier, following the Sept. 11 terror attacks. "The Taliban wanted to counter their propaganda and that's why we too focused ourselves on Twitter," the Taliban member said. "Social media is a powerful tool to change public perception."
Persons: Anas Haqqani, Haqqani's, Haqqani, Elon Musk, Mark Zuckerberg, El Pais, Critics, Musk, Jalaluddin Haqqani, Hedayatullah Hedayat, Abdul Haq Hammad Organizations: Taliban, Twitter, Haqqani Network, Service, El, Haqqani, Radio Free, Radio Liberty, National Counterterrorism Center, Meta, Facebook, BBC Locations: Wall, Silicon, Turkey, India, Radio Free Europe, Afghanistan, WhatsApp
Public prosecutors in Japan have not released information regarding the case and did not respond to CNN’s request for comment. Rina Gonoi, a former member of Japan's Ground Self-Defense Force, checks old photos on her phone. “That makes it hard for people to speak out.”Rina Gonoi says she endured physical and verbal sexual abuse while she served in Japan's Self-Defense Forces. In 1992, Japan’s National Defense Academy finally began accepting women, which made it possible for them to become senior officers. “We are aware that the perpetrators of sexual harassment cases are scheduled to be punished severely.
Persons: Tokyo CNN — Rina Gonoi, Gonoi, , , Rina Gonoi Gonoi’s, Staff Yoshihide Yoshida, dishonorably, Rina Gonoi, Philip Fong, Japan’s, Fumika Sato, ” Sato, Sato, ” Rina Gonoi, Rina, Shinzo Abe, Richard A, Brooks, , ” Gonoi, Gonoi’s, I’d, Yasukazu Hamada, Fumio Kishida, hasn’t, you’ve, “ I’m Organizations: Tokyo CNN, Defense Force, Japan’s Ministry of Defense, Staff, Defense Forces, NHK, Public, Getty, Hitotsubashi University, Defense Ministry, CNN, National Press Club, Japan’s National Defense Academy, Defense, Japan’s, Self - Defense Force, Ministry of Defense, , , SDF Locations: Japan’s, Japan, AFP, Japan's, North Korea, China, Tokyo, Higashi, Miyagi, Fukushima
The version of most politicians that we need to worry about is the one that they don’t want us to see. That’s why campaign reporters dog them; they’re waiting for the veil to slip. But the version of Ron DeSantis that we need to worry about is the one that he proudly shows us. That’s one of the morals of a provocative anti-gay, anti-trans video that the DeSantis campaign shared late last week. But while his viciousness comes through precisely as planned, so does something unintended: an undercurrent of homoerotic kink.
Persons: Ron DeSantis, That’s, Donald Trump, coddling L.G.B.T.Q, DeSantis’s, Brad Pitt, Troy
[1/2] The logo of Russian technology giant Yandex is on display at the company's headquarters in Moscow, Russia December 9, 2022. REUTERS/Evgenia Novozhenina/File PhotoJuly 5 (Reuters) - The chief executive of Nasdaq-listed internet company Yandex faces prosecution in a Russian court for alleged offences under the country’s so-called “LGBT propaganda” law, a notice on the court's website said on Wednesday. When contacted by Reuters, Yandex said it would appeal any court finding against its CEO. The court website gave no specific details of what alleged offences Savinovsky was being prosecuted for beyond that they relate to "LGBT propaganda". Last month a court fined the company 2 million roubles ($24,242) for repeatedly refusing to provide Russia’s security services with information about its users.
Persons: Evgenia, Artem Savinovsky, Yandex, Savinovsky, Vladimir Putin, Putin, Yandex's, Bridget Jones ’, ” Kinopoisk, Russia’s, Elena Bunina, Lucy Papachristou, David Holmes Organizations: REUTERS, Nasdaq, Yandex, Reuters, State Duma, Novaya Gazeta, Kommersant, Thomson Locations: Moscow, Russia, British, Ukraine
A DeSantis campaign account tweeted a video slamming Trump for his support of Pride. "To wrap up 'Pride Month,' let's hear from the politician who did more than any other Republican to celebrate it," the DeSantis campaign tweeted. Jenner accused DeSantis' campaign of using "horribly divisive tactics!" Representatives of the DeSantis campaign did not immediately respond to requests for comment Saturday. At Trump's rally in Pickens, South Carolina, on Saturday, the crowd booed when Rep. Marjorie Taylor Greene, R-Ga., referenced to Pride month.
Persons: Trump, DeSantis, Caitlyn Jenner, , Ron DeSantis ′, Donald Trump, tate, hite, ould Organizations: Service, Republican National Convention, ust Locations: Orlando , Florida, oman
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