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Read previewRussia equipped its deadly attack drones with cellphone parts to help improve their targeting capabilities, a war expert noted in a new report. Advertisement"Second," he said, "the Russians were sending telemetry data from the UAVs back through the mobile phone network to help plan follow up strikes." "This is only possible, however, if the mobile phone network has effective relationships with security organisations," he said. Cellphones and related technology have played a role on both sides of the war, with Russia and Ukraine using enemy signals to aid in their targeting and strikes. "Used properly, mobile phone networks can help militaries to hide in the noise, distribute critical data, and deconflict with civilian authorities."
Persons: , Jack Watling, Watling, SIMs Organizations: Service, Royal United Services Institute, Business, Kyiv, Strategic Communications, AP, US Army Locations: Russia, Iranian, Ukraine, Moscow, Kupiansk, Ukrainian
Read previewThere's been an investor gold rush to find the hottest new startup, causing a new dynamic: larger seed rounds. In some cases, the seed round is getting out of control. Tier one multi-stage firms have decided to allocate more resources to investing at the seed stage, according to several traditional seed investors who Business Insider spoke to. Related storiesMy colleague Sri Muppidi has reported on these supersized seed rounds in AI startups throughout the summer. Other supersized seed rounds this year include a $10.5 million round by Swedish legal AI startup Leya, and Gameplay Galaxy recently announced a $24 million seed round for its Web3 gaming platform.
Persons: , Greylock, they've, Let's, Sri Muppidi, Ed Sim, whiff, Sim, Sim postured, Shruti Gandhi Organizations: Service, Business, Q2 Venture Monitor, Sequoia, Felicis Ventures, Galaxy, Boldstart Ventures, Khosla Ventures, Canaan Partners, Instacart's, Ventures, Founders Locations: Canaan
New York CNN —A major ad industry group is shutting down, days after Elon Musk-owned X filed a lawsuit that claimed the group illegally conspired to boycott advertising on his platform. The end of GARM marks a temporary victory for Musk and X CEO Linda Yaccarino, even though a judge hasn’t made a ruling yet. “Everyone can see that advertising on X is a treacherous business relationship for advertisers,” they said. Following that, brands’ faced issues where their ads were placed next to illegal or harmful content, the group said in a statement. GARM said its group reduced such ads from 6.1% in 2020 to 1.7% in 2023.
Persons: Elon Musk, , GARM, Linda Yaccarino, hasn’t, ” Yaccarino, Nandini Jammi, Claire Atkin, , Ørsted —, , Musk, X, CCDH Organizations: New, New York CNN, Global Alliance, Responsible Media, World Federation, Institute, Twitter, CVS, Unilever, Mars, Facebook, Brands, Center, Media Locations: New York, Danish, Texas, Christchurch New Zealand
PIMCO economist Peder Beck-Friis says that high US debt levels do not pose an immediate threat. Before that happens, volatility will rise in financial markets and the macro economy, he noted. AdvertisementInvestors shouldn't fear US debt crisis just yet, as the situation is more benign than it appears, PIMCO econmist Peder Beck-Friis wrote on Thursday. In an op-ed in The Financial Times, Beck-Friis wrote that investors will need to prepare for higher instability before policymakers treat the debt seriously. Like many other big-name market observers, he argued that the aggressive rise in the US debt will eventually hit unsustainable levels.
Persons: Peder Beck, Friis, , PIMCO econmist Peder Beck, Beck, Bill Gross, Ronald Reagan, Bill Clinton Organizations: Financial Times, Service, Financial, US Locations: Washington, Europe
At the outset of Christopher Marlowe’s late 16th-century play “The Tragical History of Dr. Faustus,” the scholar at the center of the tale abandons all the learning he has mastered. Law, philosophy, medicine — none of these have fulfilled his boundless ambition. Vance of Ohio, who on Monday was offered and accepted the invitation to be Donald Trump’s running mate. What he has renounced in the process is in the public record for all to see. Mr. Trump’s White House tenure, he said, had changed his mind, but it’s hard to take the senator entirely at his word.
Persons: Christopher Marlowe’s, Dr, Faustus, , ” —, J.D, Vance of Ohio, Donald Trump’s, Vance, Trump, Hitler, Trump’s Organizations: Republican
Discussion of the assassination attempt, in which a gunman opened fire at a Trump campaign rally in Pennsylvania on Saturday evening, dominated Chinese social media in the hours after the attack. Trump, who said he was shot in the ear, was declared safe following the incident. As shots rang out during his speech at the rally, the former president ducked to the ground and was covered by Secret Service agents. I bet (US President Joe) Biden would take ages to crouch down,” read one social media comment that got thousands of likes and appeared to allude to concerns about Biden’s age. There were also repeated links made between the attack and recurring instances of gun violence in the United States, which are often highlighted by Chinese state media as an example of the country’s failings.
Persons: Donald Trump, Trump, Trump’s, , Joe, Biden, crouch, , Shinzo Abe, Xi Jinping “, ” Biden, , what’s, “ Chuan, “ Trump Organizations: Hong Kong CNN, Trump, Weibo, Republican, Secret Service, China’s Ministry of Foreign Affairs, Trump . State, Beijing, Sunday, Global Times, Washington Locations: China, Hong Kong, Pennsylvania, United States, Weibo, Trump, , Beijing, Russia
Brands are "shifting from one-time, short-term partnerships to long-term, recurring partnerships," said Olivia McNaughten, senior director of product marketing and partnerships at the influencer firm Grin. Influencer marketing remains a bright spot in the creator industry, whereas companies in other categories have struggled to grow. Influencer marketing, by contrast, is humming along, with billions of dollars expected to pour into the category this year. Influencer marketing may also be outperforming other creator-economy businesses because it taps into an existing market rather than inventing something new. Goldman Sachs analysts forecasted in April 2023 that influencer marketing and creator advertising would help grow the creator economy to a $480 billion industry by 2027.
Persons: , Olivia McNaughten, Grin, Fohr, Dollar Boy, it's, Lindsey Lugrin, Grace Murray Vazquez, Petit, they've, Ansley Williams, influencer, influencers, Williams, Lugrin, Goldman Sachs, Ed East, It's Organizations: Service, Business, Dollar, Voices, Cannes Lions, Southwest, Ogilvy North, YouTube Locations: London, Emarketer, South, Ogilvy North America
CNN —Vermont Sen. Peter Welch on Wednesday became the first Democratic senator to call on President Joe Biden to step aside as the party’s presidential nominee. “I understand why President Biden wants to run. He saved us from Donald Trump once and wants to do it again,” Welch continued. “Vermont loves Joe Biden,” Welch wrote. “President Biden and Vice President Harris received a larger vote percentage here than in any other state.
Persons: Vermont Sen, Peter Welch, Joe Biden, Biden’s, ” Welch, , , Biden, Donald Trump, Kamala Harris “, House . Colorado Sen, Michael Bennet, doesn’t, “ Donald Trump, ” Bennet, CNN’s Kaitlan Collins, — Montana’s Jon Tester, Ohio’s Sherrod Brown, , Welch, Harris, Trump Organizations: CNN, Vermont, Wednesday, Democratic, House . Colorado, Senate Democratic Locations: Washington, , Vermont, House
California's labor regulator on Tuesday said it fined Amazon nearly $6 million for violating a state law aimed at curtailing the use of onerous warehouse productivity quotas. The California Labor Commissioner's Office said it investigated two Amazon facilities in Moreno Valley and Redlands, both located east of Los Angeles, and found 59,017 violations of the state's Warehouse Quotas law, officials said. The Warehouse Quotas law went into effect in 2022 and requires employers to disclose productivity quotas to employees and government agencies, as well as any discipline workers may face for not meeting them. The law also prohibits employers from requiring warehouse employees to meet unsafe quotas preventing them from taking state-mandated meal and rest breaks or using the bathroom. The Labor Department's Occupational Safety and Health Administration has also cited Amazon numerous times for safety violations.
Persons: Lilia Garcia, Brower, Sen, Ed Markey, It's, Maureen Lynch Vogel, they're Organizations: Amazon, California Labor Commissioner's Office, Labor, Occupational Safety, Health Administration Locations: California, Moreno Valley, Redlands, Los Angeles, Washington, New York, Minnesota, U.S
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewThe record market rally has stalled in recent weeks, just as skeptics of stocks became believers. Advertisement9 stocks to put in your portfolio nowAlthough the market's path forward is murky with the pivotal US election season coming up, investors shouldn't fret. A team of BMO strategists headlined by Belski unveiled their latest US strategy portfolios in a June 3 note. For reference, the US tactical equity portfolio surged 4.9% last month, roughly in line with the S&P 500, and has outperformed by 0.9% this year and 2.8% in the last 12 months.
Persons: , Brian Belski, hasn't, Ed Clissold, Ned Davis, he's, David Lundgren, Belski Organizations: Service, BMO Capital Markets, UBS, Business, Ned, Ned Davis Research, BMO, Microsoft, Netflix, Nvidia Locations: Montreal, BMO's US
CNN —At Princeton High School, students are trying to combat the rapid decline of indigenous languages with some unlikely help: a furry, wide-eyed stuffed animal named Che’w. He’s a wildly intelligent generative AI robot that speaks Mam, a Mayan language spoken in the western highlands of Guatemala and Mexico and by a small population of the school’s students. At a time when some high schools are restricting the use of AI in the classroom, others, like Princeton High School, are leaning into it. Courtesy SamsungBeyond generative AISome high schools around the country are trying to teach students how to use other forms of artificial intelligence for a greater good. “It doesn’t lose patience or get sick of talking to them,” said Mark Eastburn, Princeton High School’s science, research and engineering teacher.
Persons: Che’w, Joy Barnes, Johnson, , ChatGPT, Ed ”, Noel Candelaria, ” Candelaria, Tylo Chacon, Chacon, “ We’ve, It’s, , Mark Eastburn, “ It’s, , Eastburn, they’re Organizations: CNN —, Princeton High School, UNESCO, PHS, , STEM School Highlands, Samsung, Los Angeles Unified School District, Seattle Public Schools, National Education Association, CNN, NEA, Stuyvesant High School, University of Colorado, Princeton Locations: Guatemala, Mexico, Colorado, New York City, Washington ,, Boulder, Mam
The American Kennel Club's pedophile problem
  + stars: | 2024-04-23 | by ( Katherine Long | ) www.businessinsider.com   time to read: +26 min
The mother contacted the American Kennel Club, the organization that oversees most dog shows in the country. The AKC helps local kennel clubs enforce rules about conduct and animal treatment. The bulk of the organization's income comes from the dog-show community, in the form of event and registration fees paid by local kennel clubs and breeders. The debate is taking place as kennel clubs try to entice younger children to show dogs. Many dog shows include competitions for junior handlers, including a "Pee Wee" division for kids under the age of 10.
Persons: Adam Wilkerson, She'd, Wilkerson, , It's, Brandi Hunter Munden, Munden, eyeing, Andrew Mansfield, Mansfield, Walter Palmerino, Palmerino, I'm, John Cathcart McCartney, McCartney, Eugene Zaphiris, Zaphiris, he's, Adam Stafford King, King, Jacob Boudreau, Boudreau, Dennis, Margaret Poindexter, Deb Cooper, Ashley Miller, Miller, Shimpeno's, Shimpeno, Mary Dukes, Dukes, they've, it's, Susan Shephard, West Volusia Kennel Club Shephard, hadn't, Shephard, Tonda Curry, Curry, who's, Paige McCarver, groomer, McCarver, She's, we're, Wilkerson's, she's Organizations: Westminster Kennel, Business, BI, American Kennel Club, AKC, Getty, Dog, Wisconsin, Police, American Kennel, Grand Central, Purina, ABC, ESPN, AKC Canine Health Foundation, AKC Museum, Preservation Bank, Mars, Royal, Dog News, Kids, Florida's West Volusia Kennel Club, West Volusia Kennel Club, Boy Scouts, New York Times, US Equestrian Federation Locations: Dallas, Michigan, Florida, Louisiana, Massachusetts, American, Wee, Munden, Texas, Arizona
Veteran treatment courts, which prioritize rehabilitation for convicted veterans, provide comprehensive care, but the public version of these courts fail to deliver comparable support. Landing in a treatment courtAs of 2022, there were over 4,153 adult drug courts and 511 veteran treatment courts in the United States. There are numerous ways a person who has been convicted can enter a drug treatment court. Many adult drug treatment courts are unable to admit violent offenders due to the BJA prohibition. He describes his veteran treatment court experience as going through an "intense supervised probation" that gradually lessened.
Persons: , Christopher Deutsch, Deutsch, there's, Christina Lanier, John Pendygraft, Pool Lanier, they're, Lanier, Ed Kubo, Michael Peacock, Kristen Wong Deutsch, Hondo Underwood, Underwood, BI's Ju Shardlow, Jack Milton Organizations: Service, Business, Court, Center, Criminal, AP, UNC Wilmington, Army, Treatment, Supreme Court, Marine Corps, Justice, Harbor, Veterans Affairs, Portland Press, Getty Locations: Clearwater , Florida, Raleigh, North Carolina's, Wilmington, United States, Hawaii, Colorado
Rents soared thanks to a shortage of apartment units, remote workers' desire for more space, and a daunting for-sale market that kept many renters stuck in place. Without RealPage, the plaintiffs argue, landlords would be hesitant to jack up rents; instead, they'd focus on keeping their buildings full. In short, the lawsuits that started with apartment rents could one day change how we pay for everything. By turning over pricing to the algorithm, plaintiffs say, RealPage's clients are encouraged to push rents higher than if they'd left the decisions up to humans. The RealPage cases are about far more than apartment rents.
Persons: RealPage, Kris Mayes, they'll, they'd, , Zillow, there's, Marie Claire Tran, Leung, Tran, Matt Damon, Maureen Ohlhausen, Bob, Ohlhausen, Ed Rogers, Ballard Spahr, Jeffery Cross, Smith Gambrell Russell, didn't, it'll Organizations: Revenue Management, ProPublica, National Housing Law, FBI, RealPage, Department, Federal Trade Commission, Politico, Washington, Justice Department, FTC Locations: Texas, you've, Phoenix, Tucson, Washington, DC, RealPage, Arizona, Tennessee
Rents soared thanks to a shortage of apartment units, remote workers' desire for more space, and a daunting for-sale market that kept many renters stuck in place. Without RealPage, the plaintiffs argue, landlords would be hesitant to jack up rents; instead, they'd focus on keeping their buildings full. In short, the lawsuits that started with apartment rents could one day change how we pay for everything. By turning over pricing to the algorithm, plaintiffs say, RealPage's clients are encouraged to push rents higher than if they'd left the decisions up to humans. The RealPage cases are about far more than apartment rents.
Persons: RealPage, Kris Mayes, they'll, they'd, , Zillow, there's, Marie Claire Tran, Leung, Tran, Matt Damon, Maureen Ohlhausen, Bob, Ohlhausen, Ed Rogers, Ballard Spahr, Jeffery Cross, Smith Gambrell Russell, didn't, it'll Organizations: Revenue Management, ProPublica, National Housing Law, FBI, RealPage, Department, Federal Trade Commission, Politico, Washington, Justice Department, FTC Locations: Texas, you've, Phoenix, Tucson, Washington, DC, RealPage, Arizona, Tennessee
Investors are starting to take seriously the idea that the Fed might not cut interest rates in 2024. At this point, investors are viewing economic strength as ultimately good news for the stock market, if that means a recession is delayed. AdvertisementFrom seven, to three, to now potentially zero, projected interest rate cuts in 2024 are quickly going out of style on Wall Street. So a delay in interest rate cuts, on paper, would suggest lower stock prices. And better-than-expected first quarter profits have helped put a floor on a stock market that is trading near record highs, even as talks of interest rate cuts fade.
Persons: Neel Kashkari, Kashkari, Michelle Bowman, Bowman, Ed Yardeni, Yardeni, Mohamed El, Torsten Slok, Slok, Ken Fisher Organizations: Federal Reserve, Atlanta Fed, Minneapolis Fed, Fed, Bank of America
Executives from several US carriers have expressed doubt about the Boeing 737 Max delivery schedule. Southwest expects 42% fewer jets this year, while United told Boeing to stop making the Max 10. AdvertisementCustomers may soon feel the impact of the Boeing 737 Max blowout as airlines face uncertainty about their future fleets. The airline also said it doesn't expect to receive any of the yet-to-be-certified Max 7s this year and removed them from its 2024 plan. Airlines may look to Airbus to grow their fleetsThe Airbus A320neo competes with the Boeing 737 Max.
Persons: , Max, Scott Kirby, Ed Bastian, Bastian, Richard Aboulafia, Michael O'Leary, Henry Harteveldt, Harteveldt, Kirby Organizations: Boeing, Max, Southwest, United, Service, Alaska Airlines, Delta Air Lines, Southwest Airlines, United Airlines, Bloomberg, JPMorgan, Delta Air, Ryanair, Airbus —, Airbus, Frontier Airlines, Spirit Airlines, Reuters Locations: Alaska, Delta
The disclosures highlight Zuckerberg’s sway over decisions at Meta that can affect billions of users. And they also shed light on tensions that have occasionally arisen between Zuckerberg and other Meta officials who have pushed to enhance user well-being. In response to the newly unsealed communications, Meta spokesman Andy Stone said such image filters are commonly used in the industry. “These unreacted documents prove that Mark Zuckerberg is not interested in protecting anyone’s privacy or safety. “Clegg’s comments follow a pattern and practice at Meta where employees repeatedly flagged under-investment in well-being tools, despite having the research,” Qureshi said.
Persons: Mark Zuckerberg, , Zuckerberg, Adam Mosseri, Global Affairs Nick Clegg, Karina Newton, Fidji Simo, Margaret Gould Stewart, Simo, Mosseri, Stewart, Newton, Andrew Bosworth, Andy Stone, ” Stone, , Stone, Meta, Clegg, Frances, Instagram, Haugen, ” Zuckerberg, Susan Li, Li, David Ginsberg, Ginsburg, Li “, Arturo Bejar, Bejar, Instagram’s, ” Bejar, I’ve, , Sacha Haworth, Zamaan Qureshi, ” Qureshi Organizations: CNN —, Facebook, Global Affairs, Massachusetts, Meta, CNN, ” Tech, Technology, Tech Locations: Massachusetts, United States, Mosseri
But in recent quarters, we have witnessed a dramatic shift higher in interest rates, a move that investors should not fear but embrace. In addition to the rise in nominal interest rates, we have also experienced a similar increase in real interest rates (rates adjusted for inflation). Granted, the journey to higher yields has been painful to bond investors. When calculating fixed-income returns for most bonds, there are two components: price return and income return. As an example, the Bloomberg Aggregate Bond Index posted a price return of -15.3% and an income return of +2.3%.
Persons: Bonds, Taylor Swift Organizations: Istock, Getty, Treasury, Bloomberg, Bond, Federal
A recent string of Treasury auctions has suffered from weak investor demand. But Ed Yardeni thinks yields are already at the right levels to start bringing back demand. AdvertisementAdvertisementA string of recent Treasury bond auctions saw a major slump in investor demand, and that could be a harbinger of a trend that sends yields higher, strategists said. But market veteran Ed Yardeni told Insider that bond yields could already be at the right levels to bring back demand. AdvertisementAdvertisementHe also noted that while the recent auctions didn't go well, bond yields didn't shoot to new highs.
Persons: Ed Yardeni, , Bill Ackman, Larry Fink, Bill Gross, Yardeni, Penn Wharton Organizations: Securities, Service, Treasury Department, TD Securities, Treasury
Ambitious research yields new atlas of human brain cells
  + stars: | 2023-10-12 | by ( Will Dunham | ) www.reuters.com   time to read: +5 min
The human brain is complex in terms of its utility - sensing, moving, reading, writing, speaking, thinking and more - and its cellular diversity. The research identified 3,313 cell types, roughly 10 times more than previously known, and the complete set of genes used by each cell type while also mapping their regional distribution in the brain. "The brain cell atlas as a whole provides the cellular substrate for everything that we can do as human beings," said neuroscientist Ed Lein of the Seattle-based Allen Institute for Brain Science, one of the researchers. The various cell types have distinct properties and are likely affected differently in disease, Lein said. "We are only at the very beginning of delineating the complexity of the human brain," said another of the researchers, Bing Ren, director of the University of California, San Diego Center for Epigenomics.
Persons: Denis Balibouse, Ed Lein, Lein, Trygve Bakken, Bing Ren, Will Dunham, Rosalba O'Brien Organizations: Belle Idee University, REUTERS, Rights, U.S, government's National Institutes of Health, Census Network, Allen Institute for Brain Science, Allen, University of California, San Diego Center for Epigenomics, Thomson Locations: Neuropsychiatry, Chene, Bourg, Geneva, Seattle
Sonoma State University Courtesy: Sonoma State UniversityTo help make college a reality, Sonoma State University is trying a relatively new approach: High school students who have completed the requisite coursework and have a minimum 2.5 high school GPA are now "guaranteed admission" to the Rohnert Park, California-based school. Last spring, the State University of New York sent automatic acceptance letters to 125,000 graduating high school students. College enrollment is droppingSonoma State University Courtesy: Sonoma State UniversityStill, fewer students are going to college. More high schoolers want career trainingMost Americans still agree a college education is worthwhile when it comes to career goals and advancement. High schoolers are putting more emphasis on career training and post-college employment, the nonprofit found after polling more than 5,000 high school students six times since February 2020.
Persons: Ed Mills, Mills, Robert Franek, Franek, Lakhani, Doug Shapiro, Cole Clark, Connie Livingston Organizations: Sonoma, Sonoma State University, California State University, Finance, Princeton, Virginia Commonwealth University, State University of New York, Sonoma State University Still, Nationwide, CNBC, National Center for Education Statistics, Student Clearinghouse Research, College Board, Public, USA, ECMC Group, Junior Achievement, Citizens, Brown University Locations: , California, Sonoma State, Richmond , Virginia, New York, U.S
At some point in your life, you've probably set a goal. Even setting a goal in the first place can limit you, according to Wharton organizational psychologist Adam Grant. People who set goals and stubbornly stick to them are "not seeing the dimension of possibilities," Ulukaya said on Grant's podcast in July. Of course, some parts of goal setting are highly valuable. Setting goals and thinking about self-optimization tactics can clutter your mind, unintentionally distracting you from the task at hand, he tells CNBC Make It.
Persons: Emmanuel Acho, you've, Adam Grant, Grant, Hamdi Ulukaya, James Clear, Ulukaya, Francis Sanzaro, Sanzaro Organizations: New York Times, CNBC Locations: Austin , Texas
LONDON (AP) — Beloved British electronic duo the Chemical Brothers released their 10th album on Friday, more than three decades into their career. Political Cartoons View All 1148 Images“I don’t know if it’s the right way to release an album," he smiled. The rave-ready “No Reason” became the lead single from the record — because it felt “fresh and different” and also “really fun to play live," says Rowlands. They were “the wrong people at the wrong place at the wrong time," Rowlands recalled. But as a band who are constantly looking forward, it isn't something Rowlands is quite ready to read.
Persons: Tom Rowlands, , “ Everyone’s, Rowlands, Ed Simons, Beck, , , Simons, aren’t, didn’t, Adam Smith, Marcus Lyall —, ” Rowlands, Robin Turner, “ I’m Organizations: Chemical, Audiences, , Glastonbury Festival Locations: Ibiza, Glasgow
It marks the biggest funding drive from households in Belgium's history and is likely Europe's biggest retail bond sale, the country's debt agency said on Monday. Equivalent to around 5% of Belgian deposits, it eclipses the 5.7 billion euros raised from savers at the height of the euro zone debt crisis in 2011 and beats the 18 billion euros Italy raised from savers earlier this year. European lenders awash with cash have resisted raising savings rates while market interest rates have surged as central banks fight inflation, prompting withdrawals by households looking for better returns. While demand for the bond is high, the country's biggest lenders are yet to raise rates paid on savings accounts. "This will be different for every bank, but the financial stability of every bank needs to be monitored closely."
Persons: Dado Ruvic, Bonds, Vincent Van Peteghem, Jean Deboutte, Isabelle Marchand, Van Peteghem, Marchand, Febelfin, Yoruk Bahceli, Bart Meijer, Sudip Kar, Dhara Ranasinghe, Ed Osmond Organizations: REUTERS, Reuters, Thomson Locations: Europe, Belgium, BRUSSELS, Italy, Portugal, Belgian
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