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☆ AI robot’s portrait of Alan Turing that ‘challenges what it is to be human’ sets record, selling for $1.08 million
▼ + stars: | 2024-11-08 | by ( Issy Ronald | ) edition.cnn.com time to read: +5 min

The paintings depict British computer scientist, mathematician and codebreaker Alan Turing. “There’s a slightly apocalyptic view of AI art wiping out everybody. for good’ which led to Ai-Da bringing up Alan Turing as a key person in the history of A.I. “’AI God,’ a portrait of pioneer Alan Turing, invites viewers to reflect on the god-like nature of AI and computing while considering the ethical and societal implications of these advancements. Alan Turing recognised this potential, and stares at us, as we race towards this future,” the robot added.

Persons: Alan Turing, ”, Ai, Aidan Meller, Turing, Meller, “, Alastair Sooke, Pablo Picasso, ” Ai, Da, she’s, ‘, Turing’s, Sotheby’s Organizations: CNN, British Locations: New York, British, Cornwall, England, Turing’s

☆ TikTok's global head of marketing is leaving as part of a reorg. Read the leaked memo to staff outlining the changes.
▼ + stars: | 2024-09-20 | by ( Dan Whateley | ) www.businessinsider.com time to read: +6 min

Read previewKate Jhaveri, TikTok's head of global marketing, is leaving the company this month as part of a leadership shake-up, according to an internal memo shared with staffers. "Together, we decided the best way to achieve this vision is to remove the head of global marketing role, and bring everyone within Global Brand & Comms under one leader." Its former VP of global communications, Hilary McQuaide, exited the company that same month, the executive posted on LinkedIn. Together, we decided the best way to achieve this vision is to remove the head of global marketing role, and bring everyone within Global Brand & Comms under one leader, aligning our work and goals toward one comprehensive vision. AdvertisementFinally, we are also making a change to our social media team to enable a more scalable model for Global Brand & Comms.

Persons: —, Kate Jhaveri, Zenia Mucha, Mucha, Jhaveri, Zuber Mohammed, Hilary McQuaide, ByteDance, Kate, Dexter Fedor, Manish Gupta, Alistair Lennie, Zuber, Alastair Boyle, Jordan Guo, Carol Baracat, Helen Lawrence, Erin Fors Organizations: Service, Global, Business, Disney, NBA, LinkedIn, CSR, AMS, EMEA, Global Brand Locations: Beijing

☆ 'We don't do God' and massive ad spends: How UK election races differ from American ones
▼ + stars: | 2024-07-04 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +12 min

Here are a handful of them:1) CampaignsBy the time a presidential election takes place in the United States, the electorate will have already endured months of seemingly endless electioneering — with the entire election campaign process from candidacies and the campaign trail to the actual presidential election and inauguration taking up to two years. In the U.K., the time frame between a prime minister calling a general election to the actual vote is just six weeks. It sounds simple, and usually is, unless there's a "hung parliament" in which no political party wins a majority of seats. In the U.K., political advertising on TV and radio is not allowed, so U.K. voters are subjected to the somewhat quaint "party political broadcasts" during election campaigns. 6) 'Absurd' diversionsBritish political experts note that, unlike in the U.S., where broad political debates tend to remain the key focus, U.K. election campaigns can see more minor or fringe issues dominate the short election campaign.

Persons: Rishi Sunak, Joe Biden, Paul Ellis, Sir Keir Starmer, Stefan Rousseau, Bobby Duffy, Donald Trump, Tom Brenner, —, Britain's, Tony Blair, Alastair Campbell, Ben Curtis, Blair, Dan Stevens, Joe Biden's, Trump, Brian Snyder, Keir Starmer, Institute's Duffy, Duffy, Biden, Rodin Eckenroth, Rodin, John Curtice, it's, Ludovic Marin Organizations: Britain's, North Atlantic Council, NATO, South Derbyshire College, Trent, Commons, King's College London, CNBC, Brit, Republicans, U.S, Federal, Former U.S, Republican, Reuters, Electoral Commission, Inverness Royal Academy, Labour, of, Exeter University, Trump . Democratic Party, Reuters Incumbent British, Labour Party, Trump, European, Conservative Party, U.K, UK Ministry of Defence, Royal British, Afp, Getty Locations: Vilnius, Lithuania, United States, Burton, U.S, Britain, Philadelphia, Great Britain, England, Wales, Scotland, British, America, Western Europe, Atlanta , Georgia, Hollywood , California, European Union, Normandy, Ver, Gold, France

☆ A luxury Viking cruise ship helped scientists encounter the rarely-seen giant phantom jellyfish
▼ + stars: | 2024-07-01 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +5 min

The submersible rides were part of a Viking Expedition trip. Hopping in one right from Viking's cruise ship makes things a little easier. AdvertisementSix passengers can ride in Viking Expedition submersibles and witness Antarctica from under the water. An expedition ship built for luxury and discoveryViking Expedition cruises to Antarctica typically have nine scientists aboard doing research and instructing passengers. Stanwell-Smit said this capability is cutting-edge for any research vessel, not a cruise ship.

Persons: —, Antony Gilbert, Damon Stanwell, Smith, Viking's, Octantis, Viking Expedition submersibles, Gavin Newman, Alastair Miller, Smit Organizations: Service, Viking Expedition, Business, Geographic, Viking, Polar Research, Polaris Locations: Viking, Antarctica

☆ Julian Assange ends stalemate with US, exchanging guilty plea to felony charge for his freedom
▼ + stars: | 2024-06-25 | by ( Lauren Said-Moorhouse | Thomas Manglona | ) edition.cnn.com time to read: +15 min

Leon Neal/AFP/Getty Images Assange addresses the Oxford Union Society from the Ecuadorian Embassy in January 2013. David Paul Morris/Bloomberg/Getty Images Assange attends a news conference inside the Ecuadorian Embassy in London in August 2014. FABRICE COFFRINI/AFP/Getty Images Assange, on the balcony of the Ecuadorian Embassy, holds up a United Nations report in February 2016. Carl Court/Getty Images Assange speaks to the media in May 2017, after Swedish prosecutors had dropped their investigation of rape allegations against Assange. Jack Taylor/Getty Images Assange was seen for the first time in months during a hearing via teleconference in Quito, Ecuador, in October 2018.

Persons: Julian Assange, “, ” Assange, Assange, Kim Hong, Ramona Manglona, Chelsea Manning, Jack Taylor, LEON NEAL, BERTIL ERICSON, FABRICE COFFRINI, Carl Court, Geoff Caddick, Oli Scarff, CARL COURT, Leon Neal, Philip Toscano, Ricardo Patino, Frank Augstein, David Paul Morris, John Stillwell, Mike, Pompeo, Maria Sol Borja, Alastair Grant, Daniel Leal, Elizabeth Cook, Anthony Albanese, Joe Biden, ASSANGE, Adrienne Watson, Stella, ”, Gabriel Shipton, he’s, hasn’t, Julian, –, ” Shipton Organizations: Northern Mariana Islands CNN, Northern, Northern Mariana Islands . Justice Department, WikiLeaks, United States, Reuters, Army, Metropolitan Police, US Justice Department, British, Justice Department, Guardian, Getty, Swedish Trade Union Confederation, St, Paul's, Court, Ecuadorian Embassy, Oxford Union Society, Ecuadorian Foreign, Southwest Festival, Bloomberg, United Nations Human Rights, United, United Nations, CIA, CNN, Ecuadorian, Ecuador, Southwark Crown, White, Sweden, National Security, Department of Justice, BBC Radio Locations: Saipan, Northern Mariana, London, United Kingdom, Hawaii, Northern Mariana Islands, Australia, United States, Iraq, Afghanistan, Sweden, Ecuadorian, Ecuador, Westminster, AFP, Stockholm, Geneva, Switzerland, Austin , Texas, United Nations, Quito, Southwark, Baghdad, Guantanamo Bay

☆ Watch CNBC's full interview with political strategist Alastair Campbell ahead of UK election
▼ + stars: | 2024-06-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with political strategist Alastair Campbell ahead of UK electionAlastair Campbell, Labour's former director of communications, discusses the prospect of a Labour victory in the forthcoming U.K. election, and explains why he believes it is vital young people are educated on politics.

Persons: Alastair Campbell, Labour's Organizations: Labour

☆ 'Something's going very wrong': Alastair Campbell casts doubt on UK opinion polls
▼ + stars: | 2024-06-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'Something's going very wrong': Alastair Campbell casts doubt on UK opinion pollsAlastair Campbell, Labour's former director of communications, says he does not believe the Conservative Party will be "virtually wiped out" in the upcoming general election — despite what recent opinion polls indicate.

Persons: Alastair Campbell, Labour's Organizations: Conservative Party

☆ UK general election: Why the economy is the key issue
▼ + stars: | 2024-06-04 | by ( Hanna Ziady | ) edition.cnn.com time to read: +7 min

Sunak will likely point to falling inflation and a strengthening economy as proof that his plan to “restore economic stability” is working. Here’s what data shows has happened to wages, living standards, the value of the pound, house prices and waiting times for medical treatment on the NHS. “Poor income growth has been an unfortunate feature of economic life in the UK over the last 15 years. On average, households now spend more than 29% of their after-tax income on rent, up from 24% in 2010, according to Zoopla, a property company. NHS waiting lists have grown steadily since the onset of the Covid-19 pandemic, contributing to worker shortages in the UK.

Persons: Rishi Sunak, Keir Starmer, Tony Blair, Sunak, YouGov, Labour Party Keir Starmer, Jeff J Mitchell, Alastair Grant, Tom Waters, “, —, Nick Ridpath, Liz Truss, “ Brexit, Clare Lombardelli, Brexit Organizations: London CNN, Conservative Party of, European Union, Labour Party, Labour, National Health Service, Conservatives, Britain's, Institute for Fiscal Studies, Conservative, Bank of England, Office, National Statistics, NHS Locations: Ukraine, United Kingdom, “, United States, Germany, Britain, England

☆ Tatler magazine’s Catherine, Princess of Wales portrait sparks debate
▼ + stars: | 2024-05-23 | by ( Jack Guy | ) edition.cnn.com time to read: +3 min

CNN —A new portrait of Catherine, Princess of Wales has stoked controversy online, with some royal fans criticizing the work for its portrayal of the future British Queen. The painting, by British-Zambian artist Hannah Uzor, features on the cover of the July issue of Tatler magazine. The Princess of Wales pictured at the state banquet on November 21, 2023. “This looks nothing like the Princess of Wales. Tatler“I agree with the sentiments of strength and dignity but the portrait lacks any resemblance to the Princess of Wales,” said another.

Persons: Catherine , Princess, Hannah Uzor, Catherine, King Charles III’s, Uzor, ”, Yui Mok, Reuters Uzor, I’m, Wales, “, Princess, Alastair Sooke, ” Sooke, Kate Mansey, “ I’m, King Charles III, Jonathan Yeo, King Organizations: CNN, British, Tatler, Reuters, Daily Telegraph, The Times, Welsh Guards Locations: Wales, Zambian, London, British

London CNN —WikiLeaks founder Julian Assange will find out Monday whether he can make a final challenge against his extradition to the United States. LEON NEAL/AFP/Getty Images Assange attends a seminar at the Swedish Trade Union Confederation in Stockholm on August 14, 2010. LEON NEAL/AFP/Getty Images Assange and his bodyguards are seen after a news conference in Geneva, Switzerland, in November 2010. Carl Court/Getty Images Assange speaks to the media in May 2017, after Swedish prosecutors had dropped their investigation of rape allegations against Assange. Jack Taylor/Getty Images Assange was seen for the first time in months during a hearing via teleconference in Quito, Ecuador, in October 2018.

Persons: Julian Assange, Assange, Victoria Sharp, Jeremy Johnson —, Stella Assange, ” “ Julian, ”, Kristinn Hrafnsson, Jack Taylor, LEON NEAL, BERTIL ERICSON, FABRICE COFFRINI, Carl Court, Geoff Caddick, Oli Scarff, CARL COURT, Leon Neal, Philip Toscano, Ricardo Patino, Frank Augstein, David Paul Morris, John Stillwell, Mike, Pompeo, Maria Sol Borja, Chelsea Manning, Alastair Grant, Daniel Leal, Elizabeth Cook, Anthony Albanese, “, Albanese’s, Joe Biden, Trump, Biden, Sunna, it’s, Alan Rusbridger Organizations: London CNN, Foreign Press Association, Court, European, of Human Rights, WikiLeaks, Guardian, Getty, Swedish Trade Union Confederation, St, Paul's, British, Ecuadorian Embassy, Oxford Union Society, Ecuadorian Foreign, Southwest Festival, Bloomberg, United Nations Human Rights, United, United Nations, CIA, CNN, Army, Ecuadorian, Ecuador, Southwark Crown, Australian, Parliamentary, of Europe, Prospect Magazine Locations: United States, London, Westminster, Afghanistan, AFP, Stockholm, Iraq, Geneva, Switzerland, Sweden, Ecuador, Austin , Texas, Ecuadorian, United Nations, United Kingdom, Quito, Southwark, London’s, Australia

☆ Missed the dazzling northern lights show? You might get another chance Saturday night
▼ + stars: | 2024-05-11 | by ( Ramon Sanchez | Ray Sanchez | ) edition.cnn.com time to read: +6 min

Carlos Avila Gonzalez/San Francisco Chronicle/Getty Images The northern lights shine in the night sky above the Molenviergang in Aarlanderveen, the Netherlands, early May 11. Alexey Malgavko/Reuters The northern lights are seen in a rural area west of Fort Lauderdale, Florida, on Friday, May 10. Courtesy Luke Culver People photograph the northern lights from Whitley Bay, England, on May 10. Courtesy Jan Reed The northern lights glow in the night sky in Brandenburg, Germany, on May 10. Increased solar activity causes auroras that dance around Earth’s poles, known as the northern lights, or aurora borealis, and southern lights, or aurora australis.

Persons: Chad Myers, it’ll, Alastair Johnstone, Andrew Chin, Sanka Vidanagama, Carlos Avila Gonzalez, Josh Walet, Robert Nemeti, Jean, Christophe Bott, Max Slovencik, Alexey Malgavko, Luke Culver, Ian Forsyth, Robert F, Geoff Robins, Rich, Jan Reed, Patrick Pleul, Jenny Kane, Adam Vaughan, Jacob Anderson, Peter Byrne, Biden, it’s, Dr, Hakeem Oluseyi, Bill Nye, Guy, ”, “ Organizations: CNN, National Oceanic, Prediction, Midwest, Getty, San Francisco Chronicle, Keystone, AFP, Luke Culver People, Rockies, National Weather Service Locations: Alabama, Ohio, Pacific Northwest, North America, Gulf, ”, Sheffield, England, Manning, British Columbia, Christchurch , New Zealand, AFP, Berryessa , California, Aarlanderveen, Netherlands, Debrad, Slovakia, Anadolu, Le, Dessous, Switzerland, Vienna, Siberian, Tara, Russia's Omsk, Fort Lauderdale , Florida, Whitley Bay, Brunswick , Maine, London , Ontario, Ontario, Tennessee, Washington, Memphis , Tennessee, Rich Hill , Missouri, Brandenburg, Germany, Estacada , Oregon, Cumming , Georgia, Crosby , England, Edinburgh, Scotland, Crosby Beach, Liverpool, Texas, Coast, Sweden, South Africa, United States

☆ Shell and TotalEnergies listings: Europe risks losing its biggest oil companies to America
▼ + stars: | 2024-05-07 | by ( Anna Cooban | Hanna Ziady | ) edition.cnn.com time to read: +5 min

London CNN —Two of Europe’s biggest oil companies, Shell and TotalEnergies, are considering abandoning their stock exchanges for Wall Street in a move that would deal a hammer blow to London and Paris. Shares of TotalEnergies and Shell trade on a price-to-cash flow ratio of 4.7 and 5.2 respectively, compared with a ratio of 8.4 for Exxon Mobil (XOM) and 7.6 for Chevron (CVX). Alastair Syme, managing director of global energy equity research at Citi, says Shell and TotalEnergies have long traded at a discount. Investors would “be much more comfortable” buying European energy companies if they were part of the more valuable S&P 500 benchmark index of US equities, according to Syme. London languishesStill, the slightest hint that Shell may consider leaving London will have rattled the city’s beleaguered main stock exchange.

Persons: Britain’s Shell, France’s, Alastair Syme, Syme, Patrick Pouyanne, “, ”, Wael Sawan, Sawan, London languishes, Chris Beauchamp, Shell, TotalEnergies, New York “ would’ve, ” Lindsey Stewart, Ben van Beurden, ” Syme Organizations: London CNN, Shell, CAC, Exxon Mobil, Chevron, Citi, CNN, Investors, Bloomberg, London Stock Exchange, Nasdaq, BP, Morningstar, Financial, Commodities Locations: London, Paris, New York, Chevron, Europe, United States, Switzerland, “

☆ Caledonian Braves: How a tiny Scottish soccer club is chasing ‘Wrexham’-sized dreams
▼ + stars: | 2024-04-29 | by ( Issy Ronald | ) edition.cnn.com time to read: +8 min

On any given evening, Ewing receives emails informing him that some fan in a far-flung location – say, Los Angeles – has just invested in his tiny Scottish soccer club, the Caledonian Braves. “A community club, most people would think, is a local community bound by a certain geography,” says Ewing. National Basketball Association/Courtesy Caledonian BravesAgainst this backdrop, fan ownership has emerged as somewhat of a utopian panacea for some fans. As time went by, the academy’s first team started playing in the Scottish soccer leagues and separated to form the Caledonian Braves in 2019. “You can be anyone really from anywhere and you can also own a football club for as little as £10 ($13).”

Persons: Ted Lasso ”, Ryan Reynolds, Rob McElhenney’s, –, Chris Ewing, Ewing, Los Angeles –, ’ ” Ewing, ”, “, Mujtaba Elgoodah, Elgoodah, braving, ” Elgoodah, Alastair Ross, Nassir Criss, Elizabeth Ball, Kristen Hamilton, Hailie Mace, Isaiah Covington, ” Covington, ” Hamilton, that’s, ‘, ’, ” Criss, Mutjaba Elgoodah, Kiera Burns, ” Ball, Tom Brady, Matthew McConaughey Organizations: CNN — Soccer, Welsh soccer, Scottish soccer, Caledonian Braves, CNN Sport, Scottish, Scottish Premier League, NBA, US, Super League, Golden State Warriors, National, Players ’ Association, Braves, Twitter, Kansas City, Boston Celtics, NFL, National Basketball, English Premier League, St Mirren, Motherwell, Rangers, Celtic, –, Edusport Academy Locations: Wrexham, ”, Los Angeles, Scottish, Australia, Motherwell, Glasgow, – Wyoming, Kansas, Scotland, Heart of Midlothian, France

☆ Manchester United reaches FA Cup final after ‘the most humiliating victory’ against second-tier Coventry City
▼ + stars: | 2024-04-22 | by ( Ben Church | ) edition.cnn.com time to read: +5 min

But, as they have done throughout this turbulent season, things started to go very wrong for the 12-time FA Cup winner. United subsequently secured victory via a penalty shootout, but the celebrations were muted after Rasmus Højlund scored the decisive spot-kick. But defender Harry Maguire instead turned to the Coventry players and immediately congratulated them on their performance, while many other of United’s stars stayed standing around the center circle. They were 20 seconds from going out.”Manchester United manager Erik ten Hag is facing questions over his future at the club. I’m sure we have a good chance to win this final, although we play the best team in the world.

Persons: Luke Edwards, Manchester United's Harry Maguire, Alastair Grant, United, Rasmus Højlund, Harry Maguire, “, ” Edwards, Erik, Hag, Nick Potts, Erik ten, Roy Keane, ”, Keane, I’m, Jim Ratcliffe, Ochirvaani, Sir Alex Ferguson, ” Batbold, Andy Mitten Organizations: CNN, Manchester United, Coventry City, FA, Premier League, Coventry, Wembley, Reds, Manchester, Chelsea, Liverpool, United, BBC’s Football, Manchester City, ITV, ”, Dreams Locations: Coventry, Mongolia

☆ Goldman Sachs is strong, Netflix raises questions: What we learned from earnings this week
▼ + stars: | 2024-04-19 | by ( Hakyung Kim | ) www.cnbc.com time to read: +6 min

Of those companies, 73.6% have beaten earnings expectations, FactSet data shows. Investment banks doing well, BofA not so much The major banks that posted results this week — Goldman Sachs , Morgan Stanley and Bank of America — beat earnings expectations. Bank of America shares fell more than 3% despite the company beating on both top and bottom lines. Mixed earnings picture Although nearly three-quarters of the reported earnings so far have topped expectations, the broader earnings picture is more muddled. The blended earnings growth rate, which considers the reports already out and the estimates from those still pending, sits at just 0.16%.

Persons: — Goldman Sachs, Morgan Stanley, Alastair Borthwick, Wells, Mike Mayo, Goliath, Mayo, Goldman Sachs, Wells Fargo's Mayo, Goldman, Ebrahim Poonawala, cyberattack, George Hill, Doug Anmuth, Jessica Reif Ehrlich, Canaccord Genuity, Chris Harvey Organizations: Investment, Bank of America —, Bank of America, Bank of America's, JPMorgan, Wells, of America, Deutsche, Netflix, NFLX's, Revenue, Microsoft, Exxon Mobil

☆ Prince William resumes public duties after Kate’s cancer announcement
▼ + stars: | 2024-04-18 | by ( Lauren Said-Moorhouse | Max Foster | ) edition.cnn.com time to read: +3 min

London CNN —The Prince of Wales was back in action on Thursday, carrying out his first public engagements since his wife, Catherine, revealed her cancer diagnosis last month. William, 41, visited a surplus food charity in Surrey before he was expected to head to a youth center in west London. Kate’s cancer was found in tests following an abdominal surgery in January. William’s presence will be a welcome signal to royal-watchers that his wife is feeling well enough for him to resume public-facing duties. He made his most significant public appearance on Easter Sunday following the tradition family church outing.

Persons: Prince, Wales, Catherine, William, King Charles III, Prince William, Claire Hopkins, Alastair Grant, George, Charlotte, Louis, “, King Charles Organizations: London CNN, Surplus, Aston Villa, CNN’s Royal Locations: Surrey, London, Kensington, Sheffield, Birmingham

☆ Bank of America tops estimates on better-than-expected interest income, investment banking
▼ + stars: | 2024-04-16 | by ( Hugh Son | ) www.cnbc.com time to read: +1 min

Bank of America on Tuesday reported first-quarter earnings that topped analysts' estimates for profit and revenue on better-than-expected interest income and investment banking. Revenue slipped 1.6% to $25.98 billion as net interest income declined from a year earlier. That's one of the key questions after JPMorgan Chase , Citigroup and Goldman Sachs all topped estimates with help from trading and investment banking. Bank of America's Chief Financial Officer, Alastair Borthwick, told analysts last month to expect investment banking revenue to rise by 10% to 15% from a year earlier, and for trading results to be roughly flat. Analysts will also be focused on the bank's net interest income, which has been declining in recent quarters as funding costs have climbed along with the rise in interest rates.

Persons: Brian Thomas Moynihan, Goldman Sachs, Alastair Borthwick Organizations: of America, Senate Banking, Housing, Urban Affairs, Capitol, Bank of America, Revenue, JPMorgan Chase, Citigroup, Goldman, Bank of America's Locations: Washington , DC

☆ Sam Altman's act may be wearing thin
▼ + stars: | 2024-03-26 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In today's big story, we're looking into how some in Silicon Valley are starting to sour on OpenAI's Sam Altman . AdvertisementFrom hardball tactics when raising funds to relentless self-mythologizing about his role in the future of tech, Altman's act is wearing thin on some . Even VCs uninterested in AI deals are quickly becoming servants to Altman's AI empire. Big market, fall hard.

Persons: —, Baltimore's Francis Scott Key, Sam Altman, Alastair Grant, Rebecca Zisser, Darius Rafieyan, Altman, Elon Musk, à, Steve Jobs, VCs, Samantha Stokes, Eric Baradat, Torsten Slok, David Rosenberg, BofA, Drew Watson, Birkin, Abanti Chowdhury, Elon, Don Lemon, that's, Musk, Mark Zuckerberg, Google's, Meta, Dave Calhoun, Aaron Schwartz, Adam Neumann, Neumann, Robert F, Kennedy Jr, Dan DeFrancesco, Hallam Bullock, George Glover, Grace Lett Organizations: Business, Service, Baltimore Fire Department, Tech, Apple Vision, NFL, ChatGPT, Kruze Consulting, Apollo Global Management, Federal Reserve, Bank of America, Abanti, Getty Images, Street Locations: Silicon Valley, Plenty, Big, Orlando, New York, London, Chicago

☆ Activist Oasis may turn to a preferred playbook to help build value at Greencore
▼ + stars: | 2024-03-23 | by ( Kenneth Squire | ) www.cnbc.com time to read: +6 min

Business: Greencore Group is an Ireland-based manufacturer of convenience foods. Premier Foods has generated a total return of nearly 300%, while Greencore is down 41.5% in that time. It is hard to believe there is another investor more qualified to create shareholder value at Greencore than Oasis. In addition, at The Restaurant Group and Premier, Oasis pushed for the sale of non-core assets, which is consistent with streamlining operations and creating shareholder value. One Greencore director who Oasis knows well is Alastair Murray, the former CFO and once-interim CEO of Premier Foods.

Persons: Seth Fischer, Greencore, Daniel Wosner, Oasis, Gavin Darby, Darby, Wosner, Wosner's reappointment, Dalton Philips, Catherine Gubbins, Alastair Murray, Murray, Ken Squire Organizations: Greencore, Convenience Foods, Ireland, Oasis Management, Oasis, Premier Foods, Apollo, Premier, Group, 13D Locations: Ireland, United Kingdom, Hong Kong, Tokyo, Austin, Cayman Islands, Asia, Europe

☆ First it was warehouses taking over America. Now it's data centers.
▼ + stars: | 2024-03-10 | by ( Matt Turner | Jordan Parker Erb | ) www.businessinsider.com time to read: +4 min

On the agenda today:This story is available exclusively to Business Insider subscribers. Jahi Chikwendiu/The Washington Post via Getty ImagesThis week's dispatchData center boomAmerica's biggest warehouse owner is getting in on the data center game. Data centers are going up across rural America, impacting communities and placing strains on utilities. Unlike other businesses, venture firms don't suddenly go out of business. Such a dream will require more money than has ever been spent on any business venture in history.

Persons: —, Jahi, Prologis, ecommerce, Alyssa Powell, We've, Bitcoin, PitchBook, Alastair Grant, Rebecca Zisser, Altman's, Altman, Elon Musk, Jeff Peticolas, Matt Turner, Jordan Parker Erb, Dan DeFrancesco, Lisa Ryan Organizations: Service, Business, Washington, Getty, Blackstone, Big Tech, bitcoin Locations: America, Michigan, New York

☆ Sam Altman and Elon Musk are beefing, but the two share plenty in common
▼ + stars: | 2024-03-07 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're looking at Sam Altman's sprawling AI empire amid his beef with Elon Musk . AdvertisementBut first, the sun never sets on Sam Altman's AI empire. OpenAI CEO Sam Altman was thrust into the mainstream consciousness with the release of ChatGPT in 2022. Elon Musk and Sam Altman Michael M. Santiago/Getty, Nordin Catic/Getty, Tyler Le/BIThere is another tech billionaire whose vision exceeds a singular company. But unlike Musk, Altman has, somewhat incredibly, mostly skirted controversy (save for his ouster-then-return saga ).

Persons: —, There's, Sam Altman's, Elon Musk, Alastair Grant, Rebecca Zisser, Sam Altman, Altman, Darius Rafieyan, Sam Altman Michael M, Nordin Catic, Tyler Le, Elon, Musk, OpenAI, execs, Altman isn't, Robert Downey Jr, Tony Stark, Goldman Sachs, Jenny Chang, Rodriguez, Neema Raphael, Goldman's, Jerome Powell, Powell, Li Qiang's, Xi Jinping, Fernando Gutierrez, leapfrog, Ridley Scott's, Napoleon, BI's Peter Kafka, Elon Musk's, Joe Biden, Dan DeFrancesco, Hallam Bullock, Jordan Parker Erb, George Glover Organizations: Service, Elon, Business, OpenAI, Microsoft, Goldman, Beijing, Nvidia, leapfrog Apple, Apple, Google, FTC, Facebook, Variety, Tesla, Costco, Kroger, Digital Locations: China, Delaware, New York, London

☆ Julian Assange makes last-ditch attempt in UK court to avoid extradition to the US
▼ + stars: | 2024-02-20 | by ( Lauren Said-Moorhouse | Claudia Rebaza | ) edition.cnn.com time to read: +14 min

LEON NEAL/AFP/Getty Images Assange attends a seminar at the Swedish Trade Union Confederation in Stockholm on August 14, 2010. LEON NEAL/AFP/Getty Images Assange and his bodyguards are seen after a news conference in Geneva, Switzerland, in November 2010. FABRICE COFFRINI/AFP/Getty Images Assange, on the balcony of the Ecuadorian Embassy, holds up a United Nations report in February 2016. Carl Court/Getty Images Assange speaks to the media in May 2017, after Swedish prosecutors had dropped their investigation of rape allegations against Assange. Jack Taylor/Getty Images Assange was seen for the first time in months during a hearing via teleconference in Quito, Ecuador, in October 2018.

Persons: London CNN — Julian Assange’s, Priti Patel, Assange, Julian Assange, Jack Taylor, LEON NEAL, BERTIL ERICSON, FABRICE COFFRINI, Carl Court, Geoff Caddick, Oli Scarff, CARL COURT, Leon Neal, Philip Toscano, Ricardo Patino, Frank Augstein, David Paul Morris, John Stillwell, Mike, Pompeo, Maria Sol Borja, Chelsea Manning, Alastair Grant, Daniel Leal, Elizabeth Cook, Assange’s, Edward Fitzgerald, ”, “, ” Fitzgerald, Fitzgerald, Assange “, ” Mark Summers, Stella, Julia Hall, Rebecca Vincent, ” Vincent, Nick Vamos, “ It’s, Vamos Organizations: London CNN, WikiLeaks, European, of Human Rights, Ecuadorian, Guardian, Getty, Swedish Trade Union Confederation, St, Paul's, Court, British, Ecuadorian Embassy, Oxford Union Society, Ecuadorian Foreign, Southwest Festival, Bloomberg, United Nations Human Rights, United, United Nations, CIA, CNN, Army, Ecuador, Southwark Crown, Metropolitan Police, US Justice Department, Eastern, of, Department, US, UK’s, Media, Foreign Press Association, Amnesty, International Campaigns, US Espionage, Peters & Peters, Prosecution Service Locations: United States, British, Belmarsh, Queensland, Australia, Westminster, London, Afghanistan, AFP, Stockholm, Iraq, Geneva, Switzerland, Sweden, Ecuador, Austin , Texas, Ecuadorian, United Nations, United Kingdom, Quito, Southwark, America, of Virginia, Guantanamo, Australian, Europe, UK’s

☆ Exploring the Backyard
▼ + stars: | 2024-02-03 | by ( Melissa Kirsch | ) www.nytimes.com time to read: +1 min

For more than 20 years, the British adventurer Alastair Humphreys roamed the planet. He rowed across the Atlantic, traversed India on foot, cycled around the world. Each hyper-detailed map includes not just roads but footpaths, vegetation and variations in terrain. Humphreys commits to deeply exploring one small segment of his map per week, to getting intimate with his immediate environment, by walking or biking every millimeter. “I wanted it to be serendipitous, not governed by my preferences,” he writes.

Persons: Alastair Humphreys, ”, Humphreys, I’ve, “ Organizations: Ordnance Survey, U.S . Geological Survey Locations: British, India, U.S

☆ Delayed U.S. Weapons Raise Taiwan’s Vulnerability to Invasion
▼ + stars: | 2024-01-16 | by ( Alastair Gale | ) www.wsj.com time to read: 1 min

Taiwanese Vice President Lai Ching-te declared victory in the island’s presidential vote on Saturday. Lai’s Democratic Progressive Party secured an unprecedented third straight term in the presidency. Photo: An Rong Xu/Bloomberg NewsTAIPEI—Taiwan has ordered some $19 billion in American missiles, rocket launchers and other weapons to help it defend itself against threats from Beijing. The only problem: U.S. delivery on many of those orders is years away. The delays increase Taiwan’s vulnerability to a Chinese invasion or blockade, say military analysts and former Taiwanese defense officials, since the island’s own weapons industry remains small.

Persons: Lai Ching, Rong Xu Organizations: Democratic Progressive Party, Bloomberg News TAIPEI Locations: Taiwan, Beijing

☆ What Wall Street bosses from Goldman Sachs to JPMorgan are saying about the jobs outlook for 2024 in investment banking, wealth management, and more
▼ + stars: | 2024-01-16 | by ( Emmalyse Brownstein | Alex Morrell | Reed Alexander | ) www.businessinsider.com time to read: +11 min

Last year, banks opened 2023 by forecasting layoffs, including for the investment bankers who suddenly had nothing to do following the pandemic-era M&A and IPO boom. Citigroup kicked off 2024 ominously, warning that it will lay off as many as 20,000 employees by 2026. The bank expects 2024 expenses to increase further to total $90 billion, up $2.8 billion from 2023, and much of that will be focused on hiring. CFO Barnum on Friday said the bank is gearing up for a "rebound in the investment banking wallet." Headcount declined 3% to 80,006 from 82,427, while compensation expenses rose to $24.5 billion from $23 billion.

Persons: It's, it's, Jane Fraser, Jeremy Barnum, JPMorgan Chase Jamie Dimon, JPMorgan Chase, Alex Wroblewski, JPMorgan's headcount, Barnum, Friday, Patrick T, Fallon, —, Fraser, Q, Goldman Sachs Goldman Sachs, David Solomon, BRENDAN MCDERMID, Goldman Sachs, Denis Coleman, Coleman, Goldman, Bank of America Brian Moynihan, Robert Galbraith, headcount, BofA, Alastair Borthwick, execs, they've, Brian Moynihan, Wells Fargo Charles Scharf, Lucy Nicholson Wells Fargo, Michael Santomassimo, Charlie Scharf, Santomassimo, BlackRock Larry Fink, Fink, Kapito, Morgan Stanley Ted Pick, Morgan Stanley, Jeenah, Headcount, Morgan, Ted Pick, Sharon Yeshaya, Blackstone Steven Schwarzman, Blackstone, Gonzalo Fuentes Organizations: Business, Citigroup, JPMorgan, Citi, BlackRock, Blackstone, Getty, AlphaSense, Citigroup Citigroup, Bank of America, REUTERS, Robert, Robert Galbraith Bank of America's, Reuters, AP BlackRock, Global Infrastructure Partners Locations: Wall, headcount, Wells Fargo

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