DIRS.INFO The most relevant business & tech news

☆ A pro-Trump European leader predicts he will abandon Ukraine: 'The Americans will quit this war'
▼ + stars: | 2024-11-08 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +3 min

He said that the US "will quit" the war and there's a "military defeat in Ukraine," per reports. AdvertisementHungary's leader, Viktor Orbán, has a chilling forecast: the US will abandon Ukraine under President-elect Donald Trump. Orbán's forecast comes as world leaders hold key meetings this week, in part to discuss the war in Ukraine. European leaders are convening at a European Council summit in Budapest on Friday, where they are expected to discuss security and geopolitics in Ukraine. Orbán was among the first European leaders to congratulate Trump on his victory.

Persons: Viktor Orbán, —, Donald Trump, Vladimir Putin's, Trump, Kamala Harris, Keith Kellogg, Fred Fleitz, Orbán, Axel Springer, Volodymyr Zelenskyy Organizations: Trump's, Service, Reuters, European Union, Trump, White, NATO, Street, National Security, Political Locations: Ukraine, Russia, Budapest, Europe

☆ The 4 most interesting things from Airbnb's earnings
▼ + stars: | 2024-11-08 | by ( Alex Bitter | ) www.businessinsider.com time to read: +4 min

Airbnb reported earnings after the market closed on Thursday. AdvertisementAirbnb's third-quarter earnings report showed that the company keeps growing — and that 2025 will be the year it breaks into a new business. Here are the highlights from the earnings report:Airbnb's third-quarter revenue grew despite a slow startAirbnb's revenue for the quarter rose 10% to $3.73 billion. Bookings were slow early in the quarter but picked up later, CEO Brian Chesky said on Thursday's earnings call. "We'll remain focused on accelerating growth while preparing for Airbnb's next chapter, which will take us beyond accommodations," the press release read.

Persons: Airbnb, Brian Chesky, —, Chesky, Airbnb's, Axel Springer Organizations: Service, Reuters, Inc Locations: Airbnb

☆ See the 95 executives Goldman Sachs tapped to join its exclusive partnership — a record high under David Solomon
▼ + stars: | 2024-11-07 | by ( Reed Alexander | ) www.businessinsider.com time to read: +11 min

Goldman Sachs on Thursday promoted 95 executives to its partnership. AdvertisementDavid Solomon, CEO of Goldman Sachs. The average tenure of the partner class is 16 years at Goldman Sachs. Marine Abiad, Global Banking & Markets, ParisBenny Adler, Global Banking & Markets, New YorkAdvertisementShahzad Ali, Controllers, New YorkAsh Ang, Global Banking & Markets, SingaporeLucia Arienti, Global Banking & Markets, LondonMatthew Armas, Asset & Wealth Management, New YorkAdvertisementPatrick Armstrong, Asset & Wealth Management, New YorkSebastian Ayton, Global Banking & Markets, ParisAmitayush Bahri, Asset & Wealth Management, LondonRob Barlick Jr, Asset & Wealth Management, MiamiAdvertisementDavid Bear, Global Banking & Markets, New YorkAmanda Beisel, Controllers, New YorkJeff Bernstein, Asset & Wealth Management, New YorkLyla Bibi, Global Banking & Markets, New YorkAdvertisementAnne Bizien, Global Banking & Markets, ParisTristan Blood, Asset & Wealth Management, LondonBrittany Boals Moeller, Asset & Wealth Management, AtlantaMarc Boheim, Asset & Wealth Management, LondonAdvertisementChris Bonner, Global Banking & Markets, New YorkKevin Boova, Global Banking & Markets, New YorkRelated storiesOonagh Bradley, Compliance, LondonTimothy Braude, Asset & Wealth Management, New YorkAdvertisementSteven Budig, Asset & Wealth Management, New YorkJacqueline Cassidy, Global Banking & Markets, New YorkSorubh Chandani, Asset & Wealth Management, New YorkPamela Codo-Lotti, Global Banking & Markets, New YorkAdvertisementBracha Cohen, Asset & Wealth Management, New YorkShaun Cullinan, Asset & Wealth Management, New YorkMarc d'Andlau, Global Banking & Markets, ParisAdam Davis, Global Banking & Markets, New YorkAdvertisementMatthew Doherty, Asset & Wealth Management, New YorkJason Eisenstadt, Global Banking & Markets, New YorkAshley Everett, Global Banking & Markets, New YorkAlex Finston, Global Banking & Markets, New YorkAdvertisementAlison Flood, Global Banking & Markets, New YorkArvind Giridhar, Global Banking & Markets, New YorkAshwin Gupta, Asset & Wealth Management, New YorkSonia Gupta, Global Banking & Markets, San FranciscoAdvertisementTerry Hagerty, Global Banking & Markets, New YorkRobert Hamilton Kelly, Asset & Wealth Management, West Palm BeachAxel Hoefer, Global Banking & Markets, FrankfurtDylan Hogarty, Global Banking & Markets, New YorkAdvertisementTim Holliday, Corporate Treasury, LondonKazuya Iketani, Global Banking & Markets, TokyoSumedh Jaiswal, Global Banking & Markets, LondonKyle Jessen, Global Banking & Markets, San FranciscoAdvertisementLotfi Karoui, Global Investment Research, New YorkFeroz Khosla, Global Banking & Markets, New YorkLarry Kleinman, Tax, New YorkJared Klyman, Asset & Wealth Management, New YorkAdvertisementDaniel Korich, Global Banking & Markets, New YorkRebecca Kruger, Global Banking & Markets, New YorkKosuke Kurosawa, Global Banking & Markets, TokyoShane Lee, Global Banking & Markets, CalgaryAdvertisementMichael Leister, Global Banking & Markets, New YorkMatthew Leskowitz, Global Banking & Markets, New YorkHilary Lopez, Asset & Wealth Management, LondonCedric Lucas, Asset & Wealth Management, New YorkAdvertisementMazen Makarem, Global Banking & Markets, New YorkMatthew Mason, Global Banking & Markets, Hong KongJans Meckel, Global Banking & Markets, ParisPatrick Moran, Legal, New YorkAdvertisementLeonie Morel, Global Banking & Markets, LondonJohn O'Connor, Global Banking & Markets, New YorkSteve Orr, Global Banking & Markets, New YorkLeke Osinubi, Engineering Division, New YorkAdvertisementElizabeth Overbay, Platform Solutions, New YorkJonathan Perry, Engineering Division, LondonThomas Plank, Global Banking & Markets, SingaporeCaitlin Pollak, Global Banking & Markets, New YorkAdvertisementLing Pong, Asset & Wealth Management, Hong KongJoe Porter, Global Banking & Markets, San FranciscoVishaal Rana, Global Banking & Markets, New YorkAlexandre Reinert, Global Banking & Markets, Hong KongAdvertisementMonique Rollins, Corporate Treasury, New YorkMarcos Rosenberg, Asset & Wealth Management, RichardsonMarc Schaffer, Global Banking & Markets, New YorkJan Scheffel, Global Banking & Markets, LondonAdvertisementRahul Sharma, Engineering Division, Menlo ParkEric Sheridan, Global Investment Research, New YorkSalil Sheth, Global Banking & Markets, New YorkJonathan Shugar, Global Banking & Markets, New YorkAdvertisementAlyson Shupe, Asset & Wealth Management, New YorkAaron Siegel, Global Banking & Markets, New YorkAdam Siegler, Global Banking & Markets, New YorkCraig Smart, Global Banking & Markets, New YorkAdvertisementAndre Souza, Global Banking & Markets, LondonThom Spoto, Asset & Wealth Management, West Palm BeachLesley Steele, Risk, LondonTeppei Takanabe, Global Banking & Markets, TokyoAdvertisementLaura van Alkemade, Global Banking & Markets, LondonDennis Walsh, Asset & Wealth Management, New YorkAlexandra Wilson-Elizondo, Asset & Wealth Management, New YorkSylvia Yeh, Asset & Wealth Management, New

Persons: Goldman Sachs, David Solomon, —, Solomon, John Waldron, Goldman, Michael Kovac, Beth Hammack, Stephanie Cohen, Katie Koch, Paris Benny Adler, Shahzad Ali, York Ash Ang, Singapore Lucia Arienti, London Matthew Armas, Patrick Armstrong, New York Sebastian Ayton, Paris Amitayush, London Rob Barlick Jr, David Bear, New York Amanda Beisel, Jeff Bernstein, New York Lyla Bibi, Anne Bizien, Tristan Blood, London Brittany Boals Moeller, Atlanta Marc Boheim, Chris Bonner, New York Kevin Boova, Oonagh Bradley, Timothy Braude, Steven Budig, Jacqueline Cassidy, New York Sorubh, New York Pamela Codo, Bracha Cohen, Shaun Cullinan, New York Marc d'Andlau, Paris Adam Davis, Matthew Doherty, New York Jason Eisenstadt, New York Ashley Everett, New York Alex Finston, Alison Flood, New York Arvind Giridhar, Ashwin Gupta, New York Sonia Gupta, Terry Hagerty, New York Robert Hamilton Kelly, Beach Axel Hoefer, Frankfurt Dylan Hogarty, Tim Holliday, London Kazuya Iketani, Kyle Jessen, Lotfi, New York Feroz Khosla, New York Larry Kleinman, New York Jared Klyman, Daniel Korich, New York Rebecca Kruger, New York Kosuke Kurosawa, Tokyo Shane Lee, Michael Leister, New York Matthew Leskowitz, New York Hilary Lopez, London Cedric Lucas, Mazen, New York Matthew Mason, Hong Kong Jans, Paris Patrick Moran, Leonie Morel, London John O'Connor, Steve Orr, New York Leke, Elizabeth Overbay, New York Jonathan Perry, Thomas Plank, Singapore Caitlin Pollak, Ling, Hong Kong Joe Porter, San Francisco Vishaal Rana, New York Alexandre Reinert, Monique Rollins, New York Marcos Rosenberg, Richardson Marc Schaffer, New York Jan Scheffel, Rahul Sharma, Eric Sheridan, New York Salil, New York Jonathan Shugar, Alyson, Aaron Siegel, New York Adam Siegler, New York Craig Smart, Andre Souza, London Thom Spoto, Palm Beach Lesley Steele, Laura van Alkemade, London Dennis Walsh, New York Alexandra Wilson, New York Sylvia Yeh, Piotr Zurawski, Emmalyse Brownstein, Reed Alexander Organizations: Service, Goldman, Business, Wall Street, Global Banking, Markets, Paris, New, Wealth Management, Asset, London, Atlanta, Compliance, San, Beach, Frankfurt, Corporate Treasury, Global Investment Research, Hong, Engineering Division, Solutions, Engineering, Menlo, Palm Beach Locations: Wall, New York, York, Singapore, London, Paris, Paris Amitayush Bahri, Miami, New, San Francisco, Tokyo, Calgary, Hong Kong

☆ Private equity giant KKR is in talks to acquire the adtech company Integral Ad Science
▼ + stars: | 2024-11-06 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +4 min

KKR is in talks to acquire adtech firm Integral Ad Science, sources told Business Insider. AdvertisementPrivate equity firm KKR is in talks to acquire the publicly listed adtech company Integral Ad Science, three people familiar with the process said. In its second quarter, the company grew revenue by 14% to $129 million and raised its full-year guidance. A take-private deal by a private equity firm like KKR could help IAS grow further without the quarterly Wall Street scrutiny. In September, Axel Springer announced it would separate its media properties into a privately-owned company, while KKR retained the classifieds side of the business.)

Persons: Jefferies, —, acquirers, Axel Springer, Ted Oberwager Organizations: KKR, Ad, Business, Service, Bloomberg, IAS, Google, Vista Equity Partners, Vista, FGS Global, Publishers

☆ 5 reasons BYD is surging ahead after eclipsing Tesla's quarterly sales for the first time
▼ + stars: | 2024-11-01 | by ( Tom Carter | ) www.businessinsider.com time to read: +5 min

The Chinese EV giant said in its third-quarter earnings on Wednesday it had surpassed Tesla's revenues from EV sales for the first time. Executives have said they want half of BYD's sales to come from abroad in the future. Unlike its rival, Tesla, BYD also offers a selection of hybrid vehicles, which are popular in China. Some 311,000 of the 500,000 passenger vehicles BYD sold in October were hybrids, with hybrid sales rising by 62% year-on-year. JADE GAO/AFP via Getty ImagesBYD has sold nearly two million hybrid vehicles this year.

Persons: BYD, Elon Musk, —, Tesla, Elon, GAO, Dylan Khoo, Stella Li, MotorTrend, Axel Schmidt, David Bailey Organizations: EV, Service, BYD, Getty, Mercedes, BMW, China, ABI Research, University of Birmingham Locations: China, Costfoto, Mexico, Brazil, Americas

☆ OpenAI launches ChatGPT search, competing with Google and Microsoft
▼ + stars: | 2024-10-31 | by ( Hayden Field | ) www.cnbc.com time to read: +3 min

ChatGPT search offers up-to-the-minute sports scores, stock quotes, news, weather and more, powered by real-time web search and partnerships with news and data providers, according to the company. Zoom In Icon Arrows pointing outwards OpenAI's ChatGPT search OpenAIThe move also positions OpenAI as more of a competitor to Microsoft and its businesses. ChatGPT will "automatically search the web based on what you ask," according to an OpenAI blog post. Users can manually click the web search icon within ChatGPT to search if they choose. Zoom In Icon Arrows pointing outwards OpenAI's ChatGPT search OpenAI

Persons: Sam Altman, Didem, Bing, OpenAI, Altman, Axel Springer, Condé Nast, Dotdash Meredith Organizations: Anadolu, Getty, Microsoft, Google, ChatGPT, Associated Press, Reuters, Hearst, Financial Times, News Corp, Vox Media Locations: ChatGPT, OpenAI

☆ Southport attack: Teen charged with girls’ murder at UK dance class facing terrorism charge, prosecutors say
▼ + stars: | 2024-10-29 | by ( Lauren Kent | Lauren Said-Moorhouse | ) edition.cnn.com time to read: +3 min

London CNN —The teenager charged with the murder of three young girls in a July stabbing attack at a dance class in northwest England will face a terrorism charge, British prosecutors announced Tuesday. The new charges he faces in relation to the attack in the town of Southport, England, are in addition to three charges of murder, 10 charges of attempted murder and one charge of possession of a knife. “Searches of Axel Rudakubana’s home address resulted in an unknown substance being found – testing confirmed the substance was ricin,” Kennedy told reporters at a news conference. The attack on July 29 has not been declared a terrorist incident, the police chief said. The matter for which Axel Rudakubana has been charged with under the Terrorism Act does not require motive to be established.

Persons: Axel Rudakubana, – Bebe King, Elsie Dot Stancombe, Alice da Silva Aguiar –, Taylor Swift, Constable Serena Kennedy, “, Axel Rudakubana’s, ” Kennedy, ” Dr, Renu, ” Bindra, CNN’s Helen Regan, Maija Ehlinger Organizations: London CNN, United, Service, UK Health Security Agency Locations: England, Westminster, videolink, Southport, Merseyside

☆ How Blackstone made 18,000 workers owners of their HVAC company
▼ + stars: | 2024-10-17 | by ( Alex Nicoll | ) www.businessinsider.com time to read: +11 min

Earlier this year, Blackstone rolled out an ownership plan for employees of HVAC company Copeland. The newest rage in private equity seeks to flip that model on its head by offering employees equity on top of their regular salaries. Success in private equity is often evaluated by how much money a deal generates compared to the initial investment. Joe Baratta, global head of private equity at Blackstone BlackstoneAcross the industry, high interest rates have squeezed returns and exit opportunities. KKR's global cohead of private equity, Pete Stavros, also helped found the nonprofit Organizing Works to encourage the adoption of this model across the private equity industry and beyond.

Persons: Blackstone, Copeland, Here's, —, Ross Shuster, Shuster, Stuart Dalgleish, Joe Baratta, Dalgleish, we've, Copeland's Shuster, outsized, Pete Stavros, KKR's Stavros, NPR's, Ted, Stavros, Josh Ryan, Leonard Green, Axel Springer Organizations: Service, Business, Blackstone, Emerson Climate Technology, Blackstone ., BI, Human, Emerson Electric, Employees, Merlin Entertainment, Blackstone Blackstone, KKR, CHI, NPR, GeoStabilization, Leonard Green & Partners Locations: New York City, Manhattan

☆ Pressure from China does not limit growth ambitions, Hyundai Mobi's Maschka says
▼ + stars: | 2024-10-15 | 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 EmailPressure from China does not limit growth ambitions, Hyundai Mobi's Maschka saysAxel Maschka, executive vice president at Hyundai Mobis, discusses the pressure from China's growing EV industry and his take on European EV tariffs.

Persons: Hyundai Mobi's Maschka, Axel Maschka Organizations: Hyundai, Hyundai Mobis Locations: China

If you're part of an online bank, transactions aren't processed on holidays. We've included a list of holidays when most banks (including the best banks in the U.S) close, plus alternatives for accessing cash if you need money quickly. Others, like TD Bank and Regions Bank, have separate pages with bank holiday schedules. Most banking transactions don't process on bank holidays, regardless of whether you use an online or brick-and-mortar bank. Transactions at brick-and-mortar banks like Chase, Wells Fargo, and Bank of America won't be processed until the next business day.

Persons: We've, Martin Luther King, Jr, doesn't, Sophia Acevedo, Sophia, Axel Springer, Education Sophia, Kit Pulliam, They’ve, Kit Organizations: Federal Reserve, Columbus, Indigenous Peoples, TD Bank, Regions Bank, Ally Bank, Bank of America, Business, Finance, Bank, Savings, Education, California State University Fullerton, National Association of Hispanic Journalists, Angeles, Pulliam, Tax, MSN, Vanderbilt University Locations: U.S, Chase, Wells Fargo, California

☆ Google's share of the search ad market could drop below 50% for the first time in a decade as AI search engines boom
▼ + stars: | 2024-10-13 | by ( Kenneth Niemeyer | ) www.businessinsider.com time to read: +4 min

Google's search ad market share in the US could fall below 50% for the first time in a decade. Perplexity AI, meanwhile, says it is attracting "top-tier" advertisers. It launched Gemini, its own large language model that now presents Google search results in natural language at the top of the page, in March 2023. Google is also leveraging AI to better present ads in its search results. AdvertisementGoogle and Perplexity AI did not immediately return requests for comment for this story.

Persons: —, Axel Springer, Alpha, Mark Shmulik, ChatGPT, Brendon Kraham, We've, Dmitry Shevelenko, Jeff Bezos, Forbes, Perplexity, Shevelenko Organizations: Google, Service, Business Insider, Bernstein Research, Wall Street, Nvidia

☆ Why The New York Times' lawyers are inspecting OpenAI's code in a secretive room
▼ + stars: | 2024-10-10 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +11 min

Lawyers for The New York Times are poring through ChatGPT's source code and training material. It is there to be inspected by lawyers for The New York Times. The Times' lawyers can share their notes with up to five outside consultants to help them understand what the code does. That text includes stories from The New York Times, articles from other publications, and an untold number of copyrighted books. OpenAI similarly used high-quality, well-researched, well-written, and fact-based New York Times articles to make ChatGPT so impressive, the Times argues.

Persons: morass, —, Sam Altman, Susman Godfrey, Mother Jones, George RR Martin, Jodi Picoult, Nehisi Coates, Kristelia García, Axel Springer, García, OpenAI, Justin Nelson, Godfrey, Nelson, Daniel Ek, Sean Parker, Matthew Sag, poring, Christa Laser Organizations: The New York Times, Service, Times, Publishers, Fox News, The New York Daily News, Georgetown University Law, Business, New York Times, Microsoft, Napster, Anthropic, OpenAI, Spotify, Emory University, America, Cleveland State University Locations: United States, Manhattan

☆ X Is back up and running in Brazil after it caved and paid a fine — because there are some battles Elon Musk can't win
▼ + stars: | 2024-10-09 | by ( Lian Kit Wee | ) www.businessinsider.com time to read: +4 min

X can operate in Brazil again, after an August ban over noncompliance with court orders. But its return to Brazil was further delayed after the court said that X had transferred the $5 million to the wrong bank. In X's Wednesday X post, the company said that it would continue to defend free speech "within the boundaries of the law." Related storiesThe country is key to X's business — it's the sixth-largest market globally, with over 21.5 million users, Reuters reported in September. X did not respond to a request for comment sent by Business Insider outside business hours.

Persons: —, Elon, Alexandre de Moraes, X, Musk, de Moraes, De Moraes, Matteo Ceurvels, eMarketer, Axel Springer Organizations: Service, Supreme, Reuters, Associated Press, Business, Business Insider Locations: Brazil, China

☆ The battle of the face computers is on
▼ + stars: | 2024-10-04 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +6 min

Meta debuted its Orion augmented reality glasses last week without a consumer release date. AR glasses are a substantial step toward a future that ditches the handheld smartphone for face computers. AdvertisementThe battle of the face computers is here, and Meta just launched a highly compelling salvo. Last Wednesday, CEO Mark Zuckerberg unveiled the company's latest innovation, Orion — augmented reality eyewear that weighs about 3.5 ounces. Snap's Spectacles are augmented reality glasses that run on the company's in-house OS.

Persons: Meta, —, Mark Zuckerberg, Orion —, BI's Peter Kafka, Gene Munster, Apple, Greg Peters, we're, it's, " Peters, There's, Alistair Barr, Tim Cook, Cook, It's, Munster, Andrej Sokolow, BI's Jordan Hart, Justin Post, Andrew Bosworth, Jacob Bourne, Emarketer, Axel Springer, Bosworth, Bloomberg's Mark Gurman, Zuckerberg, Spokespeople Organizations: Orion, Apple, Service, Meta, Deepwater Asset Management, Bloomberg, Vision Pro, Netflix, Vision, Getty, Munster, CNBC, BI Locations: Cupertino

☆ John Ashton, ‘Beverly Hills Cop’ actor, dies at 76
▼ + stars: | 2024-09-29 | by ( Associated Press | ) edition.cnn.com time to read: +2 min

AP —John Ashton, the veteran character actor who memorably played the gruff but lovable police detective John Taggart in the “Beverly Hills Cop” films, has died. Ashton died Thursday in Fort Collins, Colorado, his family announced in a statement released by Ashton’s manager, Alan Somers, on Sunday. In a career that spanned more than 50 years, Ashton was a regular face across TV series and films, including “Midnight Run,” “Little Big League” and “Gone Baby Gone.”But in the “Beverly Hills Cop” films, Ashton played an essential part of an indelible trio. Ashton co-starred in all four of the films, beginning with the 1984 original and running through the Netflix reboot, “Beverly Hills Cop: Axel F,” released earlier this year. “Bobby started handing me these matches, and I went to grab the matches, and he threw them on the floor and stared at me,” said Ashton.

Persons: John Ashton, John Taggart, Ashton, Alan Somers, Eddie Murphy’s Axel Foley, — Billy Rosewood, Reinhold, Ashton’s Taggart —, Taggart —, Sarge ”, Billy —, Axel F, ”, Martin Brest’s, Charles Grodin’s, Duke ”, Robert De Niro’s Jack Walsh, De Niro, “ Bobby, “, ‘, ’, ” Ashton, Robin Hoye Organizations: Big League, Netflix, Beverly Hills, Collider Locations: Beverly, Fort Collins , Colorado, Detroit, Los Angeles, he’s

The Barclays 6 Month Online CD is paying 5.10% APY, but it may not be for long. This is because CD rates are directly impacted when the Federal Reserve changes rates. Most notably, the well-known online bank Barclays Bank still has a 6-month CD paying 5.10% annual percentage yield (APY) on a 6-month CD, but it may not be for long. How to earn 5.10% APY on a Barclays CDSince Barclays is an online-only bank, you'll have to apply for the Barclays 6 Month Online CD online. She edits and updates articles about banks, checking and savings accounts, CD rates, budgeting, and general saving.

Persons: you'll, Sophia Acevedo, Sophia, Axel Springer, Education Sophia Organizations: Fed, Barclays, Federal Reserve, Barclays Bank, Business, Finance, Bank, Savings, Education, California State University Fullerton, National Association of Hispanic Journalists, Angeles Locations: California

☆ German media empire Axel Springer to split in deal with KKR
▼ + stars: | 2024-09-19 | by ( ) www.cnbc.com time to read: +3 min

Passers-by walk in front of the main entrance to the Axel Springer high-rise. The two sides had reached a deal in the summer to split Axel Springer, a source told Reuters on Saturday. KKR and its partner CPP Investments currently hold a 35.6% and 12.9% stake in Axel Springer, respectively, while Doepfner and Friede Springer hold 21.9% and 22.5%. Axel Springer had been preparing to float Stepstone but the planned initial public offering was shelved when war broke out in Ukraine in 2022. KKR and CPP Investments are now likely to target an IPO in the second half of 2025, according to an industry source.

Persons: Axel Springer, Mathias Doepfner, Axel Springer's, Springer, Friede Springer, Axel's, Doepfner, Friede Organizations: Politico, KKR, Reuters, Investments, Friede Springer, Springer Locations: Hamburg, North America, Aviv, Ukraine

Business vs. personal bank account interest rates at brick-and-mortar banks*Regional differences are possible at Regions Bank. Rates are as of July 22, 2024.Business vs. personal bank account interest rates at online banksPersonal bank accounts at online banks generally pay more than their business banking options. Business vs. personal bank account interest rates at credit unionsCredit unions also tend to offer competitive rates on business and personal bank accounts. Comparing account fees and accessibilityOpening a business bank account involves more documentation than opening a traditional bank account. Business vs. personal banking FAQsWhy might business savings accounts offer different interest rates than personal accounts?

Persons: you'll, Sophia Acevedo, Sophia, Axel Springer, Education Sophia Organizations: U.S . Bank, Business, Regions Bank, American, Consumers Credit Union, Federal Reserve, Finance, Bank, Savings, Education, California State University Fullerton, National Association of Hispanic Journalists, Angeles Locations: Florida, Alabama, U.S, Illinois, Wisconsin, California

☆ The secret to a Netflix movie's success? Don't promote it.
▼ + stars: | 2024-09-19 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +5 min

When Netflix released a rundown of its most-watched movies and TV shows for the first half of the year on Thursday, its TV rankings offered few surprises. (Netflix bases the data on hours viewed for every title — original and licensed — that was watched for over 50,000 hours.) That robust landing page has allowed Netflix to eschew spending tens of millions of dollars promoting many of its original films. AdvertisementOf course, that's not the strategy for every single Netflix Original. Here's another example of Netflix's strategy in action.

Persons: Griselda, Ripley, Millie Bobby Brown, Kevin Hart's, John Wilson, that's, Eddie Murphy, Axel F, Murphy, Quim Vives, It's, Ted Lasso, Severance, it's, Napoleon, Martin Scorsese, Oscar, doesn't, baileylikemovie Organizations: Service, Netflix, Business, Society, Detroit Lions, Apple Locations: Beverly Hills, Sunset, Hollywood

☆ As disinformation spreads during UK riots, regulators are currently powerless to take action
▼ + stars: | 2024-08-08 | by ( Ryan Browne | ) www.cnbc.com time to read: +5 min

But even as online disinformation related to stabbings in the U.K. has led to real-world violence, Ofcom, Britain's online safety regulator finds itself unable to take effective enforcement actions. Shortly after the attack, social media users were quick to falsely identify the perpetrator as an asylum seeker who arrived in the U.K. by boat in 2023. U.K. officials subsequently issued warnings to social media firms urging them to get tough on false information online. Peter Kyle, the U.K.'s technology minister, held conversations with social media firms such as TikTok, Facebook parent company Meta , Google and X over their handling of misinformation being spread during the riots. watch nowUnder the Online Safety Act, the sending of false information intended to cause non-trivial harm is considered a punishable criminal offense.

Persons: Christopher Furlong, knifeman, Taylor Swift, Axel Rudakubana, Peter Kyle, Gill Whitehead, Whitehead Organizations: Riot, Ofcom, Police, Facebook, Meta, Google, CNBC Locations: Rotherham, U.K, Southport, Merseyside

Violence broke out in several towns and cities across the country after three young girls were killed in a knife attack at a Taylor Swift-themed dance party in the seaside town of Southport in northwest England last week. Amid false rumors that the suspect was a Muslim asylum seeker, mobs have since attacked hotels housing asylum seekers, as well as mosques, leading to hundreds of arrests. The suspect Axel Rudakubana, 17, was born in the Welsh capital of Cardiff and had lived for years in a village near Southport itself, police saidMusk's remarks were quickly rebuffed by Prime Minister Keir Starmer’s office, which said in a statement that such comments had “no justification.”In a separate video message posted to X, Starmer said: “Whatever the apparent motivation, this is not protest. This month, he said he was pulling his businesses out of California to protest a new state law that bars schools from requiring that trans kids be outed to their parents. The U.K. riots have become one of the first major challenges for Starmer, whose center-left Labour Party took power last month in a landslide election victory, ousting the Conservative Party, who after 14 years in government left office without dispute.

Persons: Taylor Swift, Axel Rudakubana, Musk's, Keir Starmer’s, Starmer, ”, Musk Organizations: Labour Party, Conservative Party Locations: Southport, England, Welsh, Cardiff, Britain, California

☆ Why Google should feel nervous about OpenAI's SearchGPT, according to a search engine expert
▼ + stars: | 2024-08-06 | by ( Ana Altchek | ) www.businessinsider.com time to read: +5 min

Read previewWith the recent launch of SearchGPT, OpenAI has positioned itself to compete with Google in the search engine market. The new tool allows users to search the web in real time and automatically summarize results from Microsoft's Bing. Chris Rodgers, the CEO at SEO agency CSP, has worked in the search engine industry for over 20 years. He told Business Insider that SearchGPT may not pose an immediate threat to Google Search. He also said Google should feel the heat because OpenAI has presented a better strategy than Google in its rollout of SearchGPT.

Persons: —, OpenAI, Microsoft's Bing, hasn't, Chris Rodgers, Rodgers, that's, Axel Springer, SearchGPT, it's Organizations: Service, Google, Business, Astra, Vox Media, News Corp Locations: ChatGPT

☆ Elon Musk says ‘civil war is inevitable’ as UK rocked by far-right riots. He’s part of the problem
▼ + stars: | 2024-08-06 | by ( Hanna Ziady | ) edition.cnn.com time to read: +6 min

London CNN —Social media has played a big role in fueling the anti-immigration riots engulfing towns and cities in the United Kingdom. Musk later apologized for what he called his “dumbest” ever social media post. The UK government this week vowed to prosecute “online criminality” and has pushed social media companies to take action against the spread of false information. “Social media has put rocket boosters under… not just the misinformation but the encouragement of violence,” UK Home Secretary Yvette Cooper said Monday. It is unclear that the UK government has the tools to hold social media platforms accountable for their role in the riots.

Persons: Elon Musk, Tesla, “, ”, Axel Rudakubana, ” Isabelle Frances, Wright, Musk, White, dumbest, Tommy Robinson, Yvette Cooper, Keir Starmer, Peter Kyle, Rob Picheta, Lauren Kent Organizations: London CNN — Social, Institute for Strategic, IDS, CNN, BBC Radio, Facebook, Meta, Ofcom Locations: United Kingdom, ”, England, Israel, Gaza

☆ Elon Musk is helping fuel the flames of far-right rioting on X. An expert says his own platform is radicalizing him.
▼ + stars: | 2024-08-06 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +5 min

"A lot of these individuals had been deplatformed, so they wouldn't have had an opportunity to amplify," Van der Linden said. Musk has also claimed that the UK police's response "does seem onesided" — a viewpoint commonly promoted by far-right activists. Van der Linden said Musk might be being radicalized by his own platform. Musk's echo chamber on X is increasingly conspiratorial, Van der Linden added. Representatives for X did not immediately respond to a request for comment from Business Insider, made outside normal working hours.

Persons: —, Axel Muganwa Rudakubana, Elon Musk's, Ali Al, Shakati —, Taylor Swift, Andrew Tate, Sander van der, Tommy Robinson, Stephen Yaxley, Lennon, Tate, Musk, Van der Linden, Downing, Kier Starmer, he's, he's radicalizing Organizations: Service, Business, Facebook, The, University of Cambridge, Twitter, Prime Locations: Britain, South Yorkshire, Cardiff , Wales, Southport, Liverpool, London, Sander van der Linden, Soviet Union

☆ Meta's AI keeps pretending to be me and giving my phone number out to strangers
▼ + stars: | 2024-08-05 | by ( Rob Price | ) www.businessinsider.com time to read: +10 min

You only need to save my phone number," the AI responded in Spanish — before sharing my phone number. Someone in this WhatsApp group had asked Meta AI for its phone number — and again it shared my number. It had replied that it did, and Maxi simply had to message a phone number — my phone number — to access the content. Since I asked Meta's communications team for help, I haven't received any more messages from people looking for Meta AI. Another time, Meta AI said it didn't have a phone number (it actually does, +1 313-555-0002, although it doesn't advertise it publicly).

Persons: Franco, escuadron lobo, Tell Gretel, he'd, Franco chimed, Meta, chatbot, Taylor, Taylor Swift, Maxi, I'm, I've, Pablo Morano, Meta's Emil Vazquez, Mark Zuckerberg, that's, Axel Springer, Cooper Neill, Getty, LLMs, Meta's, haven't, you've Organizations: Meta, alfa buena, Alpha, Business, Tech, LinkedIn, Facebook, Team Alpha, Squadron, Maxi, BSR Agency, Business Insider, CBC News Locations: Peruvian, Spanish, LLMs, scammers, WhatsApp, Memphis , Tennessee

Search resuls for: "Axel"

25 mentions found