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An Australian judge ruled that a 75-year-old man had died intestate — or without a will — even though a document was found. That's because the names of beneficiaries on the will were obscured by black ink splodges. A judge in Australia ruled that a 75-year-old man had died without a will after the names of his beneficiaries were obscured by black ink on the document, according to a recent court filing. "The markings effectively obliterate the names of the executors and beneficiaries, on its face stripping the will of its essential elements," he said. Thomas wasn't married or in a domestic relationship, did not have any immediate relatives, or left any records of alternative beneficiaries.
Persons: Howard Edwin Thomas, Richard, Deborah Nightingale —, Thomas, Steven Moore, Moore, " Moore, Thomas wasn't Organizations: Supreme, Australian Financial Locations: Australian, Australia, Victoria, Melbourne
Russian jamming seems to be affecting Ukraine's communications and US-provided weapons, experts say. "The problem may well be the sheer power of the jamming signal that can be brought to bear," Withington said. "Moreover, the closer the GPS receiver is to the R-330Zh's jamming antenna, the stronger the jamming signal becomes." Russia's counter-GPS efforts are part of a massive electronic-warfare campaign that has also disrupted Ukrainian radio communications and drone operations. John Moore/Getty ImagesAccording to the RUSI report, Russian EW troops are also "highly capable" at intercepting and decrypting Ukrainian radio communications.
Persons: , Thomas Withington, Withington, Serhii, HIMARS, Worthington, Denis Abramov, Mil.ru Worthington, Russia's, John Moore, hasn't, countermove, Michael Peck Organizations: Ukrainian, Service, Ukraine —, NATO, Britain's Royal United Services Institute, Pentagon, Getty, U.S, GPS, Russian Defense Ministry, Mil.ru, Russian, Russian GPS, Russian Army, Defense, Foreign Policy, Twitter, LinkedIn Locations: Russia, Ukraine, Russian, Soviet, Ukrainian, Kharkiv Oblast, Withington, Forbes
Washington CNN —The Supreme Court’s landmark ruling Thursday on affirmative action pitted its two Black justices against each other, with the ideologically opposed jurists employing unusually sharp language attacking each other by name. Justice Clarence Thomas and the court’s other four conservatives joined Roberts’ opinion. Thomas has previously acknowledged that he made it to Yale Law School because of affirmative action, but he has long criticized such policies. (While Jackson recused herself from the Harvard case, she did hear the UNC case, and her dissent was focused on the latter.) In his memoir, “My Grandfather’s Son,” Thomas says he felt “tricked” by paternalistic Whites at Yale who recruited Black students.
Persons: John Roberts, Clarence Thomas, Roberts, Thomas, Ketanji Brown Jackson, , ” Thomas, , Jackson, Sonia Sotomayor, Thomas ’, “ ‘, ” “, ” Jackson, Black, he’d Organizations: Washington CNN, Harvard, University of North, Yale Law School, UNC, CNN, Whites, Yale, , University of Michigan Law School, White, Bollinger Locations: University of North Carolina, Independence, United States, Yale
Ketanji Brown Jackson said Clarence Thomas's opinion showed "an obsession with race consciousness." In his own 57 page long concurring opinion, Associate Justice Clarence Thomas — a staunch conservative appointed by Republican President George H.W. "Worse still, Justice Jackson uses her broad observations about statistical relationships between race and select measures of health, wealth, and well-being to label all blacks as victims. "Given our history, the origin of persistent race-linked gaps should be no mystery," Jackson wrote. "Justice Thomas ignites too many more straw men to list, or fully extinguish, here," Jackson wrote.
Persons: Ketanji Brown Jackson, Clarence Thomas's, , Clarence Thomas —, George H.W, Bush —, Joe Biden, Thomas, Jackson Organizations: Service, United States Supreme, Republican, University of North Locations: University of North Carolina
“The Harvard and UNC admissions programs cannot be reconciled with the guarantees of the Equal Protection Clause. We have never permitted admissions programs to work in that way, and we will not do so today,” Roberts wrote. During oral arguments, Solicitor General Elizabeth Prelogar stressed the unique interests of the military and argued that race-based admissions programs further the nation’s compelling interest of diversity. Steve Vladeck, CNN Supreme Court analyst and professor at the University of Texas School of Law, said the decision will still not end the legal fight over college admissions. The Supreme Court stepped in to consider the case before it was heard by a federal appeals court.
Persons: John Roberts, , ” Roberts, Clarence Thomas, , ” Thomas, Sonia Sotomayor, Elena Kagan, Ketanji Brown Jackson, ” Sotomayor, Sotomayor, Martin Luther King, Jackson, “ ‘, Roberts, Elizabeth Prelogar, ” Jackson, Kevin McCarthy, Republican Sen, Ted Cruz, Donald Trump, ” Trump, Mike Pence, ” Pence, Chuck Schumer, Laura Coates, Steve Vladeck, ” Vladeck, ” Long, SSFA, Loretta C, Biggs, ” Biggs, SFFA, Cameron T, Norris, Harvard “, Prelogar, Lewis F, Powell Jr Organizations: CNN, Harvard, University of North, UNC, Supreme, GOP, Republican, America, Truth, New York Democrat, University of Texas School of Law, Asian, Fair, Court, Middle, Middle District of, University, US, University of California, Bakke Locations: University of North Carolina, Independence, United States, Lower, Middle District, Middle District of North Carolina
The Supreme Court struck down affirmative action policies at Harvard and UNC. Thomas said he's aware of the obstacles faced by 'my race,' but ruled affirmative action was discriminatory. Thomas declared "the Constitution prevails" in his opinion as the Supreme Court effectively outlawed affirmative action at US colleges and universities. In a 6-3 decision, the high court ruled that policies at Harvard University and the University of North Carolina were unconstitutional. Thomas then wrote affirmative action is also discrimination, calling the policies "rudderless, race-based preferences designed to ensure a particular racial mix in" Harvard and UNC's "entering classes."
Persons: Justice Clarence Thomas, Thomas, he's, , Clarence Thomas, Brown, Neil Gorsuch, Ketanji Brown Jackson — Organizations: Harvard, UNC, Justice, Service, Supreme, Harvard University, University of North, of Education Locations: Independence, United States, University of North Carolina
His two-year-old boy, Thomas, asked to ride in the “big boy seat,” the child safety seat his older brother usually rode in, the one right behind the driver’s seat. Thomas died strapped into his safety seat, as his small body was simply overcome by the heat. Cestia’s truck had a rear seat reminder but, he said, he somehow didn’t notice it when he got to work. He bought his daughter a child safety seat with a heat sensor on the buckle that alerts him if she’s buckled in and it’s getting too hot. And he also listens for the rear seat reminder and habitually checks the backseat.
Persons: Tyler Cestia, Thomas, ” Tyler Cestia, , , David Muscat, Cestia, Rollins, she’s, it’s, “ It’s Organizations: CNN, GMC, Volvo, Hyundai MOBIS, Hyundai Group, Continental, Hyundai Locations: Louisiana, South Korea, Muscat
admissions programs cannot be reconciled with the guarantees of the equal protection clause,” Chief Justice John G. Roberts Jr. wrote for the majority. The court had repeatedly upheld similar admissions programs, most recently in 2016, saying that race could be used as one factor among many in evaluating applicants. The university responded that its admissions policies fostered educational diversity and were lawful under longstanding Supreme Court precedents. Writing for the majority, Justice Anthony M. Kennedy said that courts must give universities substantial but not total leeway in devising their admissions programs. The Texas decision essentially reaffirmed Grutter v. Bollinger, a 2003 decision in which the Supreme Court endorsed holistic admissions programs, saying it was permissible to consider race to achieve educational diversity.
Persons: , John G, Roberts, , Sonia Sotomayor, Edward Blum, Antonin Scalia, Elena Kagan, Justice Anthony M, Kennedy, Ruth Bader Ginsburg, Stephen G, Breyer, Justice Sotomayor, Justice Kennedy, Brett M, Kavanaugh, Ginsburg, Amy Coney Barrett, Justice Breyer, Justice Ketanji Brown Jackson, Justice Jackson, Grutter, Bollinger, Sandra Day O’Connor, Clarence Thomas Organizations: Harvard, University of North, Civil, Asian, Fair, University of Texas Locations: University of North Carolina, North Carolina, Austin, Texas
Jackson and Thomas, reflecting a deep divide in the United States, diverged on how race must be treated in the law. Thomas wrote a concurring opinion accompanying the ruling that said Jackson's "race-infused world view falls flat at each step." "Our country has never been colorblind," Jackson wrote in her dissenting opinion, which was joined by the two other liberal justices. Much of what Thomas wrote on Thursday was directed at Jackson. "Justice Thomas ignited too many straw men to list, or fully extinguish," Jackson wrote.
Persons: Ketanji Brown Jackson, Clarence Thomas, Jackson, Thomas, Jackson myopically, Ilya Somin, Jim Crow, Michael Dorf, Justice Jackson, John Roberts, Black, Joe Biden, Andrew Chung, Will Dunham Organizations: U.S, Supreme, Constitution, George Mason University, Black, Cornell Law, Harvard, UNC, Democratic, Thomson Locations: United States, U.S, Southern, New York
The push to assemble slates of pro-Trump electors from swing states won by Mr. Biden is one of a number of components of Mr. Smith’s investigation. It remains unclear whether Mr. Giuliani will face charges in the special counsel’s investigation. His name has appeared on several subpoenas sent to former aides to Mr. Trump and to a host of Republican state officials involved in the plan to create fake slates of electors. Last year, shortly before Mr. Smith was appointed to his job as special counsel, the Justice Department issued a subpoena to Mr. Giuliani for records related to his representation of Mr. Trump, including those that detailed any payments he had received. A group of federal prosecutors including Thomas Windom had been pursuing various strands of the inquiry into Mr. Trump’s efforts to remain in power before Mr. Smith’s appointment and they continue to play key roles in the investigation.
Persons: Biden, Trump, Giuliani, Mr, Roman’s, Gary Michael Brown, Brad Raffensperger, Smith, Thomas Windom, Smith’s Organizations: Trump, Mr, Prosecutors, Justice Department, Capitol, Court, York City’s Locations: Fulton County ,, Washington, Georgia, York
The Supreme Court struck down a fringe right-wing elections theory in a 6-3 ruling. Two lawmakers in the state asked the Supreme Court to take up the case based on the independent state legislature theory. But the balance of power shifted on the North Carolina Supreme Court, which went back and allowed the map. Thomas wrote that with the original case now decided in the lawmakers' favor, the argument before the Supreme Court was "moot." In his dissent, Thomas wrote that the court's purpose is to "resolve not questions and issues but 'Cases' or 'Controversies.'"
Persons: Clarence Thomas, , Clarence Thomas —, Moore, Harper —, Thomas, Thomas wasn't, Harper Organizations: Service, Republican, Voters, North, North Carolina Supreme Locations: North Carolina
CNN —As she took to the start line of the 100-meter hurdles, Jolien Boumkwo was at first met with confusion, then amusement, then raucous support. The Belgian shot putter emerged as an unlikely hero from the European Athletics Team Championships in Poland on Saturday after injuries to her teammates compelled her to step into the hurdles event at the last minute. Boumkwo, who had placed seventh in the shot put the day before, eventually finished in 32.18 seconds – 19 seconds behind the next slowest athlete. The crowd screamed their support as she ran towards the finish line, her teammates applauded her can-do spirit, and online she was inundated with positive messages. Boumkwo races to finish line in the 100-meter hurdles.
Persons: Jolien Boumkwo, Boumkwo jogged, CNN Sport’s Don Riddell, Boumkwo soaks, Thomas Windestam, ” Boumkwo, , Boumkwo, Erik Van Leeuwen, , … It’s, “ I’m, Organizations: CNN, European Athletics Team, MAG, Getty, BELGA MAG Locations: Belgian, Poland, Belgium, AFP
Within two years, Mr. Sands had worked with Mr. Ivory and Mr. Russell, two directors with wildly different styles. “James Ivory is like an Indian miniaturist, and Ken Russell is a graffiti artist,” Mr. Sands told The Times. “Happily, Figgis has chosen well, with Sands effortlessly carrying by far the most demanding role of a man of isolating self-absorption.”Julian Richard Morley Sands was born on Jan. 4, 1958, in Otley, England, to Richard and Brenda Sands and grew up in nearby Gargrave. He began acting as a child, inspired in part by his mother’s work in amateur theater. When he was 6, he told The Yorkshire Post in 2013, he appeared in a play; his first line was “My master, the great Aladdin.”
Persons: Sands, Ivory, Russell, “ James Ivory, Ken Russell, , Mike Figgis, Figgis, Adam, ., ” Kevin Thomas, ” Julian Richard Morley Sands, Richard, Brenda Sands Organizations: Mr, Times, Vegas, Los Angeles Times, Yorkshire Post Locations: British, Otley , England, Gargrave
The North Carolina controversy arose after the state Supreme Court struck down the state’s 2022 congressional map as an illegal partisan gerrymander, replacing it with court drawn maps that favored Democrats. Reggie Weaver, at podium, speaks outside the Legislative Building in Raleigh, North Carolina, Feb. 15, 2022, about a partisan gerrymandering ruling by the North Carolina Supreme Court. Gary D. Robertson/APAfter the state high court ruled, North Carolina Republican lawmakers appealed the decision to the US Supreme Court, arguing that the state Supreme Court had exceeded its authority. After the last election, the North Carolina Supreme Court flipped its majority to Republican. With the US Supreme Court rejecting the lawmakers’ theory that state courts could not police federal election rules, lawyers for the legislature’s opponents celebrated Tuesday’s ruling.
Persons: Donald Trump, John Roberts, ” Roberts, Roberts, , , Brett Kavanaugh, Amy Coney Barrett, Sonia Sotomayor, Elena Kagan, Ketanji Brown Jackson, Barack Obama, ” Obama, Reggie Weaver, Gary D, Robertson, Tuesday’s, Neal Katyal, Today’s, court’s, Clarence Thomas, Neil Gorsuch, Samuel Alito, ” Thomas, Gorsuch, Thomas, , Jessica Ring Amunson, Sam Hirsch, Jenner, Hilary Harris Klein – Organizations: CNN, North Carolina, Independent, Chief, Federal, North Carolina Supreme, AP, North, North Carolina Republican, Supreme, North Carolina Supreme Court, Republican, US, Block, Southern Coalition for Social Justice Locations: North Carolina, Federal, Raleigh , North Carolina,
Just ask Belgian shot put thrower Jolien Boumkwo, who competed in the 100-meter hurdles at the European Athletics Team Championships on Saturday after her teammates had to withdraw through injury. After placing seventh in the shot put on Friday, Boumkwo turned her attention to the hurdles at the last minute and duly finished in a time of 32.81 seconds – 19 seconds behind the seventh-placed athlete. Footage of Boumkwo carefully stepping over each hurdle while the other athletes race away ahead of her has since gone viral on social media. She smiled and laughed throughout before being congratulated by other competitors at the finish line. Boumkwo negotiated the 100-meter hurdles without colliding with any of the barriers.
Persons: Jolien Boumkwo, Boumkwo, Thomas Windestam Organizations: CNN, European Athletics, BELGA MAG, Belgium Locations: Belgian, AFP, Poland
June 16 (Reuters) - Iowa's highest court did not revive a 2018 ban on most abortions on Friday, meaning that abortion will remain legal in the state up to 20 weeks of pregnancy for now. Iowa passed a law banning abortion once a fetal heartbeat is detected, usually around six weeks, in 2018. The law was blocked because of the U.S. Supreme Court's longstanding 1973 ruling in Roe v. Wade, which guaranteed abortion rights nationwide. The Supreme Court overturned Roe last year, and Reynolds immediately sought to revive the 2018 law. The trial court judge said there was no legal mechanism for doing that, and three Supreme Court justices agreed.
Persons: Kim Reynolds, Roe, Wade, Alexis McGill Johnson, Chris Schandevel, today's, Reynolds, Thomas Waterman, Christopher McDonald, inequitable, Waterman, McDonald, Dana Leanne Oxley, Brendan Pierson, Alexia Garamfalvi, Aurora Ellis Organizations: Republican, Planned, U.S, Thomson Locations: Iowa, U.S ., Roe, New York
Interstate 95 Highway Collapse Snarls Philadelphia Traffic
  + stars: | 2023-06-12 | by ( ) www.wsj.com   time to read: 1 min
What to Do if Dozens of Your Passwords Have Been HackedPassword managers can inform you if your login credentials have been stolen. But what if you've used the same password for multiple sites? WSJ reporter Dalvin Brown joins host Zoe Thomas with tips on what to do.
Persons: you've, Dalvin Brown, Zoe Thomas
Chief Justice Roberts' report revealed he rented out properties in Ireland and Maine. A report for Justice Elena Kagan revealed she rented out a parking spot in Washington, DC. Chief Justice John Roberts and Justice Elena Kagan both earned extra income by renting out properties — though the properties are vastly different. According to Roberts' report, shared online by SCOTUSblog, Roberts rented out cottages in Ireland's Limerick County and Maine's Knox County. Kagan, meanwhile, rented out a parking space at a building in Washington, DC, according to her report, also shared by SCOTUSblog.
Persons: Justice Roberts, Elena Kagan, , John Roberts, Roberts, Kagan, Justice Sonia Sotomayor, Sotomayor, Clarence Thomas, Samuel Alito, Thomas, Alito, Harlan Crow Organizations: Supreme, Service, SCOTUSblog, NPR Locations: Ireland, Maine, Washington ,, Ireland's Limerick County, Maine's Knox County, Washington , DC, New York
Ron DeSantis rarely mentions the specifics of his religion, faith, or practice of it. Ron DeSantis delivers remarks during the Project Opioid conference at First Presbyterian Church in Orlando on Aug. 20, 2019. Ron DeSantis and his wife Casey stand during the Pledge of Allegiance at a campaign event, Wednesday, May 31, 2023, in Cedar Rapids, Iowa. Ron DeSantis and his wife, Casey, bow their heads during a prayer at a campaign event, Wednesday, May 31, 2023, in Cedar Rapids, Iowa. Ron DeSantis speaks during a campaign event, Tuesday, May 30, 2023, in Clive, Iowa.
Persons: Ron DeSantis, wouldn't, , Joe Burbank, Brian Burch, Burch, DeSantis, Donald Trump, Joe Biden, Biden, He's, Nate Hochman, Hochman, Maria Sullivan, Casey, Charlie Neibergall, Sullivan, Piers Morgan, there's, that's, Phelan M, Paul Harvey, Cary McMullen, John F, Kennedy, El Paso Bishop Mark Seitz, Miami Archbishop Thomas Wenski, Wenski, heartburn, US Sen, Joni Ernst, David Polyansky, Ted Cruz, Bob Vander Plaats, Vander Plaats, John Stemberger, Stemberger, we've, Trump, Mike Pence, Tim Scott, Pat Robertson, Michael Binder, Tom O'Shields Organizations: Catholic, Service, Florida Gov, First Presbyterian Church, Orlando Sentinel, DeSantis, GOP, New York, Our Lady Star, Republican, Gov, AP, Lourdes Catholic School, The, Catholic Church, El Paso Bishop, Miami Archbishop, Florida Conference of Catholic, US, Policy Council, Trump, University of North, Lilly Endowment Inc Locations: Florida, GREENVILLE, S.C, Iowa, South Carolina, Orlando, Tallahassee, DeSantis, Catholic Church, Northeast Florida, Cedar Rapids , Iowa, Dunedin , Florida, Ohio, Galilee, Israel, Tampa , Fla, Lakeland , Florida, California, Texas, Des Moines , Iowa, Clive , Iowa, University of North Florida, Greenville, Easley , South Carolina
CNN —The Supreme Court on Thursday ordered Alabama officials to redraw the state’s congressional map to allow an additional Black majority district to account for the fact that the state is 27% Black. The federal court ordered the creation of another majority Black district to be drawn. He said it would be impossible to draw a second majority Black district in the state without taking race into consideration. Instead, she wrote, the state plan “divides the Black voters within this well-established community of interest across several districts, and as a result, Black Alabamians have no chance to elect their preferred candidates outside of” the one Black majority district. “Black voters are significantly numerous and compact to form a majority in a reasonably configured district, as the district court specifically found,” she said.
Persons: John Roberts, Brett Kavanaugh, ” Roberts, Roberts, , Terri Sewell, , ” Sewell, General Merrick Garland, , Democrats –, Steve Vladeck, ” Vladeck, Sen, John Thune, ” Thune, Samuel Alito, Neil Gorsuch, Clarence Thomas, Gorsuch, ” Thomas, Alito, Amy Coney Barrett, ” Thomas ’, Edmund LaCour Jr, Alabama’s, LaCour, NAACP –, Abha Khanna, Khanna, ” Khanna, Alabamians, Biden, dilutions, Elizabeth Prelogar Organizations: CNN, Alabama, Republicans, Democratic, , Central, Supreme, Trump, Democrats, University of Texas School of Law, Representatives, Republican, Judiciary, Black, , NAACP Locations: Alabama, United States, Black, Louisiana, Mobile , Montgomery,
Supreme Court Justice Clarence Thomas dissented in Thursday's 5-4 ruling on Allen v. Milligan. Thursday's ruling found that Alabama violated the Voting Rights Act's ban on racial gerrymandering. The surprise ruling prevented the court from gutting the Voting Rights Act of 1965. Chief Justice John Roberts and Justice Brett Kavanaugh, both conservatives, joined the Supreme Court's liberal-leaning justices in the ruling. Thomas said he's "long been convinced" that the Voting Rights Act only regulates voters' ability to actually get to the ballot or cast it.
Persons: Clarence Thomas, Milligan, Thursday's, , John Roberts, Brett Kavanaugh, Thomas, he's Organizations: Allen, Service, Black, Supreme, Republicans, Alabama Locations: Thursday's, Alabama
The Supreme Court justice got an extension to file his financial disclosures. Thomas now has up to 90 more days to file his disclosures, according to the Administrative Office of the US Courts. Fellow Supreme Court Justice Samuel Alito also asked for and received an extension, the court office said. The Supreme Court justices are under stricter ethics rules this year to publicly reveal more gifts, trips, or meals they may have accepted from organizations or businesses. Crow told ProPublica that he and Thomas are just "dear friends" and that they never discussed Supreme Court business.
Persons: Clarence Thomas won't, Thomas, , Clarence Thomas, who's, ProPublica, Harlan Crow, Samuel Alito, Crow Organizations: Service, Supreme, Administrative, Judicial Conference, Washington Post
Associate Supreme Court Justice Clarence Thomas arrives for the swearing in ceremony of Judge Neil Gorsuch as an Associate Supreme Court Justice in the Rose Garden of the White House in Washington, U.S., April 10, 2017. Supreme Court Justice Clarence Thomas asked for more time to file his annual financial disclosure as he faces an ethics controversy over accepting pricey vacations and other largesse from Republican billionaire Harlan Crow. Justice Samuel Alito, another conservative, was the only other Supreme Court justice to request an extension. The Texas real estate developer also purchased properties belonging to the conservative justice's family in Georgia, and funded part of his great-nephew's private school education. The revelations sparked harsh criticism of Thomas for failing to disclose the ties, and calls for ethics reform of the Supreme Court.
Persons: Clarence Thomas, Judge Neil Gorsuch, Harlan Crow, Thomas, Samuel Alito, ProPublica, Crow Organizations: Justice, White, Supreme, Democratic Locations: Rose, Washington , U.S, Crow, Texas, Georgia
CNN —When Supreme Court Justice Clarence Thomas appeared for the first time before the Florida Federalist Society in January 2020, Florida Gov. Some of DeSantis’ state court appointees became Trump federal court appointees, and their entire approach to the bench is fueled by Federalist Society figures like Leo. WaPo: Supreme Court justice's wife received thousands in 'hidden payments' 01:49 - Source: CNNUsing the Trump playbookBy using Leo for advice on state judicial appointments, DeSantis already is following a Trump playbook. He has filled a majority of the seats on the seven-member Florida Supreme Court, some twice over. Midway through his term, he wrote on Twitter, “The Supreme Court was one of the main reasons I got elected President.”
Persons: Clarence Thomas, Ron DeSantis, Thomas, Leonard Leo, Leo, Donald Trump’s, DeSantis, , ” Leo, Ginni Thomas, , ProPublica’s, Thomas ’, Harlan Crow, Octavio Jones, Roe, Wade, Sullivan, Don McGahn, Gregory Katsas, Trump, ” DeSantis, ” Thomas, Katsas, WaPo, DeSantis ’, Jesse Panuccio, ” Panuccio, Barbara Lagoa, Robert Luck, Ruth Bader Ginsburg, Lagoa, Amy Coney Barrett, “ I’ve, Barrett, Neil Gorsuch, Brett Kavanaugh, Barack Obama’s, Antonin Scalia Organizations: CNN, Florida Federalist Society, Florida Gov, Disney, Federalist Society, White, Harvard Law School, Politico, Representatives, Trump White House, Republican, Trump, Republicans, DeSantis, Tampa Bay Times, Zuma Press, GOP, New York Times, US, DC Circuit, Gov, Orlando Federalist Society, Appeals, Circuit, Florida Supreme, Twitter Locations: Florida, Iowa, , Washington, Georgia, America, New Hampshire
Chinese quants redouble AI bets amid ChatGPT frenzy
  + stars: | 2023-06-05 | by ( ) www.reuters.com   time to read: +4 min
REUTERS/Thomas White/Illustration/File PhotoSHANGHAI/SINGAPORE, June 5 (Reuters) - Chinese quant hedge fund managers are rushing to explore ChatGPT-style tools, embracing the emerging AI technology that has sparked a global frenzy since the release of the widely popular Microsoft-backed OpenAI chatbot. His hedge fund already uses ChatGPT to better understand a company's fundamentals and avoid value traps, project earnings power, and identify investment opportunities and risks. A ChatGPT-like tool boosts quants' ability to process text-related data, said Feng Ji, chairman of Baiont Capital. Feng's hedge fund, backed by former Google China chief and AI veteran Kai-Fu Lee, has invested heavily in hardware to enhance computing power required for model-training. Regulators are looking for ways to tackle the impact of generative AI technology.
Persons: Thomas White, Steve Chen, Feng Ji, ChatGPT, Feng, Kai, Fu Lee, Feng's, Larry Cao, Cao, it's, Samuel Shen, Tom Westbrook, Himani Sarkar Organizations: Microsoft, Baiont, Google China, Flyer, Zhishan Investment, Wall, Regulators, HK, Baidu, CFA Institute, Thomson Locations: SHANGHAI, SINGAPORE, Shanghai, Beijing, Feng's Nanjing, China
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