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Ric Tapia | Getty Images Sport | Getty ImagesSports team owners benefiting from soaring team values are also facing new pressure from two of the oldest certainties in American wealth: death and taxes. With the average age of team owners rising, and team values skyrocketing into the billions, owners and leagues are increasingly focused on how to ensure smooth ownership transitions to the next generation of buyers. Succession and taxes have become especially important in the National Football League, where the average age of team owners is now over 72 and team values are all surging. The average NFL team is now worth $6.49 billion, and no team is valued at less than $5.25 billion, according to CNBC's Official 2024 NFL Team Valuations. So owners have to be planning for the potential for more punitive estate taxes in the coming years.
Persons: Ric Tapia, Stephen Amdur, Pillsbury Winthrop Shaw Pittman, Robert Frank, Pat Bowlen, Rob Walton, Bud Adams, Grant Halverson, Amy Adams Strunk, Tom Benson, Gayle, Jonathan Bachman, Joe Robbie, George " Papa Bear, Halas, George Halas, Amdur, That's, Roger Goodell Organizations: NFL, Los Angeles Rams, Houston Texans, NRG, Getty, Sports, Pillsbury, National Football League, Former Denver Broncos, Tennessee Titans, Minnesota Vikings, Getty Images Tennessee Titans, Longtime New Orleans Saints, National Basketball, New Orleans Pelicans, New, New Orleans Saints, Mercedes, Benz, Miami Dolphins, NBA, Chicago Bears, Bettmann Locations: Houston, Nashville , Tennessee, New Orleans, New Orleans , Louisiana
A.I. is helping hackers make better phishing emails
  + stars: | 2023-06-08 | by ( Bob Violino | ) www.cnbc.com   time to read: +5 min
"Historically, phishing emails have been somewhat easy to spot thanks to sloppy drafting," Finch said. "In particular, phishing emails created by a hacker unfamiliar with a certain language [have] tended to be easy to spot due to poor grammar, illogical vocabulary, and bad spelling." But AI allows many more people — regardless of their language skills — to quickly and cheaply generate convincing text for use in phishing emails, Finch said. Here are three steps cybersecurity leaders can take to strengthen their organizations' cybersecurity programs in the age of AI. The framework should include risk indicators, the AI ecosystem and regulations, and should "address the unique security considerations associated with AI within their organizations, and reducing their AI security risk," he said.
Persons: Chino, , Brian Finch, Pillsbury Winthrop Shaw Pittman, Finch, Kyle Kappel, Kappel, CISOs Organizations: KPMG
M&A deals involving large tech companies may get harder as US regulators ramp up scrutiny. If regulators increase scrutiny, it could deter other large tech companies from buying startups. More challenges to proposed tech M&A deals may also mean that the pool of potential acquirers shrinks. Of course, there are cases where a large tech company seeks to buy out a smaller, more innovative competitor because it is scared of getting displaced. ​​"There has to be the hope and dream of selling to a larger tech company some day," Sherman said.
Most members of the Congressional Black Caucus are twice as old as the median Black person living in the US. The Congressional Black Caucus, a powerful voice for Black Americans, is significantly older than those it speaks for. Clay had replaced his father, William Lacy Clay Sr., a civil-rights icon and founding Congressional Black Caucus member who had represented the area since 1969. Tom Williams/CQ-Roll Call, Inc via Getty ImagesThe Congressional Black Caucus is reckoning with a leftward shift it's struggled to embrace. A spokesperson for the Congressional Black Caucus did not respond to Insider's request for comment.
Advocacy groups sued Wednesday to block a new Florida rule that bars Medicaid coverage of gender-affirming health care, such as puberty blockers, hormone therapy and surgery. The Florida Agency for Health Care Administration adopted the rule last month after it issued a report that claimed gender-affirming procedures have the “potential for harmful long term affects.” The rule took effect Aug. 21. in the lawsuit, said the new Medicaid rule will prevent her and her husband, Joshua, from being able to access puberty-blocking medication prescribed by K.F.’s doctors. They are also represented by two health advocacy groups, the Florida Health Justice Project and the National Health Law Program. Accredited medical groups — including the American Medical Association, the American Academy of Pediatrics and the American Psychological Association — say gender-affirming medical care is safe and medically necessary.
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