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But the program has since moved to another station, and its legacy in San Diego is a faint, fond memory. AdvertisementWith such a rich history of aerial dynamism, it's no surprise that San Diego has become a major hub of this technology. Defense, AI, and a warming reception from VCsLong before AI became a household buzzword, Shield AI launched in San Diego. AdvertisementBut San Diego seemed to be a better fit with its access to open land and proximity to the ocean. That pipeline continues to feed into the San Diego tech ecosystem, feeding and driving the aerial innovation it has become known for over a century.
Persons: , Tom Cruise, Larsen Jensen, Palmer Luckey's Anduril, Brandon Tseng, VCs Long, Tseng, Ryan, presciently, Hivemind, It's, shouldn't, Jensen, Ian Muceus, Muceus, we've, Firestorm's, Firestorm, Glenn Curtiss, Grant Jordan, Andreessen Horowitz, — Jordan, Jordan, SkySafe, Tim Draper, Aleksey Matyushev, Matyushev, Oakland — Natilus, Natilus, General Atomics, Northrop Grumman, Lockheed Martin Organizations: Service, Kawasaki Ninja, hotshot Navy, US Naval Air Station, Business, Navy, Harpoon Ventures, Defense, aha, Navy SEAL, US Department of Defense, Coast Guard, Air Force, Marine Corps, BAT, SpaceX, Marque Ventures, Silent Ventures, US Navy, Soma, Oakland, San Diego International Airport, Brown Field Municipal, Northrop, Lockheed Locations: San Diego, Miramar, Diego's, Diego, Afghanistan, Persian, Israel, Caribbean, Bay, San Diego Bay, West, San Jose, San Francisco, Central Valley, Vallejo, Kona
Artificial intelligence has been a big boon for San Francisco real estate. The vacancy rate for San Francisco office space reached a fresh record of 34.5% in the second quarter, according to a report Monday from commercial real estate firm Cushman & Wakefield. "San Francisco is certainly the center of AI, but AI is not going to save the San Francisco commercial real estate market," Sammons said. Vacant office space across San Francisco for the quarter totaled 29.6 million square feet, Cushman & Wakefield said. WATCH: Commercial real estate vacancies in San Francisco are at an all-time high
Persons: OpenAI, Robert Sammons, Anthropic, Sammons, That's, Cushman & Wakefield Organizations: San, Tech, Microsoft, Cushman &, San Francisco, Wells Locations: San Francisco, Wakefield, Mission, Cushman & Wakefield, Francisco, Wells Fargo, Cushman
Soma Golden Behr, a longtime senior editor at The New York Times who was a centrifuge of story ideas — they flew out of her in all directions — and whose journalistic passions were poverty, race and class, which led to reporting that won Pulitzer Prizes, died on Sunday in Manhattan. She was 84. Her death, in the palliative care unit of Mount Sinai Hospital, came after breast cancer had spread to other organs, her husband, William A. Behr, said. Ms. Golden Behr, whose economics degree from Radcliffe led to a lifetime interest in issues around inequality, was instrumental in overseeing several major series for The Times that examined class and racial divides. Each enlisted squads of reporters and photographers for intensive, sometimes yearlong assignments.
Persons: Soma Golden Behr, , William A . Behr, Golden Behr, Radcliffe, , Gerald M, Boyd Organizations: The New York Times, Mount Sinai, The Times Locations: Manhattan, Mount, America
Read previewHaize Labs, an AI safety startup, is raising an early-stage round that investors are clamoring to invest in, Business Insider has learned. However, for hot startups, there can be more investor demand than a startup can accommodate, as with Haize Labs' round. One source indicated that Haize Labs received term sheets with valuations ranging from $30 million to over $100 million. Haize Labs is building automated red-teaming and stress-testing algorithms to identify risks in AI models and agents. AI safety has increasingly become a concern, especially as AI usage increases among both consumers and enterprises.
Persons: , Leonard Tang, VentureBeat, OpenAI, Sama, Steve Li, Richard Liu, Tang Organizations: Service, Business, Haize, Haize Labs, Soma, Google, Netflix, Harvard, Carnegie Mellon, Washington Post
Master chef and restaurateur Paul Liebrandt rates 11 fine-dining scenes in movies and television, such as "The Bear," for realism. He also explains cooking and plating techniques, along with the evolution of French cuisine, via the molecular gastronomy scene in "The Hundred-Foot Journey," with Helen Mirren; the use of foie gras in "Cook Up a Storm"; the cooking competition scene "Food Wars! : Shokugeki no Soma," and the omelet-making scene at Le Cordon Bleu in "Julie & Julia," starring Meryl Streep as Julia Child. This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now.
Persons: Paul Liebrandt, Jeremy Allen White, Jon Favreau, Bradley Cooper, Anya Taylor, Joy, Ralph Fiennes, Helen Mirren, Cook, Julie, Julia, Meryl Streep, Julia Child Organizations: Michelin, Business
Somasegar and Nadella are among the key owners of Seattle's cricket team, named the Orcas. Microsoft CEO Satya Nadella and Adobe CEO Shantanu Narayen are among the executives investing in the new U.S. professional league, Major League Cricket. Other cricket investors include Iconic Ventures, Madrona Venture Group and executives from Google . As the Men's T20 Cricket World Cup , co-hosted by the U.S. for the first time, ramps up, investors have pumped nearly a billion dollars into their American ambition. Venture capitalist Anurag Jain, part owner of Major League Cricket team the San Francisco Unicorns, said the U.S. national team is primarily made up of players in the league.
Persons: Somasegar, They're, Soma Somasegar, Satya Nadella, Shantanu Narayen, Monank Patel, StubHub, Anurag Jain, Satyan Gajwani, Gajwani, Rangaswami, , Jessica Golden Organizations: Microsoft, CNBC, Madrona, Adobe, Major League Cricket, Iconic Ventures, Madrona Venture Group, Google, U.S, team, ICC, Grand Prairie Cricket, Pakistan, Sunday, The New York Times, Venture, San Francisco Unicorns, U.S ., Times Internet Locations: Bellevue , Washington, America, U.S, Pakistan, Dallas, West Indies, India, Nassau County, New York, of India, North America, South Asia, Australia
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The Scripps National Spelling Bee on Thursday came down to its second-ever spell-off, a fast-and-furious tiebreaking round that rewards speed as much as accuracy. When the results were tallied, Bruhat — a 12-year-old from Tampa, Fla. — came out on top with a superhuman total of 29 correct words, seven more words than the previous spell-off winner in 2022. If you weren’t able to watch the finals on Thursday night, here are three takeaways. The difficulty of the finals was immediately apparent: The first speller onstage, Rishabh Saha, misspelled “desmotrope,” a chemistry term. As an eighth-grader, Rishabh will not be eligible to compete in the 2025 Scripps Bee.
Persons: Soma, Faizan Zaki, Bruhat, Rishabh Saha, , Rishabh Organizations: Scripps, Spelling, Scripps Bee Locations: Tampa, Fla,
PinnedTing Shen for The New York TimesTing Shen for The New York TimesCredit... Ting Shen for The New York TimesBruhat Soma held his trophy high after winning the second-ever spell-off at the Scripps Bee. The Scripps National Spelling Bee on Thursday came down to its second-ever spell-off, a fast-and-furious tiebreaking round that rewards speed as much as accuracy. Image Credit... Ting Shen for The New York TimesThe next competitor, Aditi Muthukumar, was asked to spell Lillooet, a Salishan people of the Fraser River valley in British Columbia. Immediately after Aditi came Bruhat, the night’s eventual champion, who correctly spelled “Okvik,” from an Alaskan geographical name. Image Credit... Ting Shen for The New York TimesFaizan, who is from the Dallas area, came in second place after spelling 20 words correctly in the spell-off.
Persons: Ting Shen, The New York Times Ting Shen, Soma, Faizan Zaki, Bruhat, Rishabh Saha, , Rishabh, The New York Times Shrey Parikh, , Ananya Prassanna, YY Liang, Kirsten Santos, “ Jumano, Aditi Muthukumar, Aditi, “ Okvik, The New York Times Faizan Organizations: The New York Times, The New York Times Credit, Scripps Bee, Scripps, Spelling, Texas, Bee, Lone Star State, Texans Locations: Tampa, Fla, , Philippines, Southwest, South Plains, Lillooet, Fraser, British Columbia, Texas, Dallas, United States, spellers, California, New York
The cost per square foot in South of Market — also known as SoMa — is $5,415. Just over 120 miles away is Northwest Auburn, California, the second-highest priced U.S. neighborhood at $4,416 per square foot. The Old Town neighborhood of the beachside California town of Carpinteria comes in third in the rankings, with a cost per square foot of $4,129. In contrast, the Homewood North neighborhood in Pittsburgh ranks last amongst the 20,000 neighborhoods examined for the study, with homes costing $29 per square foot. The rankings are based on average price per square foot data for U.S. homes using Homes.com listing data.
Persons: Organizations: Northwest Auburn, Downtown, Port Royal, Stinson, Casa, Fisher, Hudson, downtown, Rush, Homes Locations: San Francisco, U.S, Market, Auburn , California, Carpinteria, California, Downtown Bellevue, Bellevue , Washington, Naples, Florida, Shores, Stinson Beach , California, Hibiscus Islands, Miami Beach , Florida, Newport Beach , California, Lago, Palm Beach , Florida, , New York City, Hill , New York City, Miami, downtown San Francisco, Northwest Auburn , California, Sierra Nevada, Auburn, Sacramento, Old, Homewood, Pittsburgh, Montana , South Dakota , Wyoming, North Dakota, Virginia
The No Surprises Act is causing lengthy billing disputes with health insurers and reimbursement delays, according to some healthcare companies that are under increased financial pressure. Photo: Getty Images/iStockphotoA law designed to protect patients from surprise medical bills is contributing to the financial distress of some medical-service providers, which say lengthy billing disputes and payment delays with insurers are hurting their ability to stay afloat. The No Surprises Act, which took effect last year, aims to protect patients from surprise medical bills from out-of-network healthcare providers when there are disagreements over reimbursements between insurers and providers. Previously, providers often billed patients to make up for the amounts insurers were unwilling to pay.
Italy judge seizes 780 mln euros from Airbnb in tax probe
  + stars: | 2023-11-06 | by ( ) www.reuters.com   time to read: +1 min
[1/2] A woman talks on the phone at the Airbnb office headquarters in the SOMA district of San Francisco, California, U.S., August 2, 2016. REUTERS/Gabrielle Lurie/File Photo Acquire Licensing RightsROME, Nov 6 (Reuters) - An Italian judge has ordered the seizure of 779.5 million euros ($836.40 million) from short-term rentals platform Airbnb's Ireland unit for alleged tax evasion, Milan prosecutors' office said on Monday. The probe concerns Airbnb's (ABNB.O) alleged failure to withold 21% of landlords' rental income and pay it to Italian tax authorities, as required by a 2017 law, prosecutors in the northern Italian city said in a statement. Airbnb's Italian press office did not immediately reply to a request for comment. Prime Minister Giorgia Meloni's administration is meanwhile planning a crackdown on tax cheating on short-term rentals, and wants to raise taxes from 21% to 26% for owners of multiple short-term rental properties.
Persons: Gabrielle Lurie, Milan, Giorgia, Emilio Parodi, Alvise, Chris Reese, Franklin Paul, Tomasz Janowski Organizations: REUTERS, Rights, EU, Justice, Thomson Locations: SOMA, San Francisco , California, U.S, Italian
KARACHI, Pakistan, Oct 5 (Reuters) - Pakistani ecommerce logistics startup Rider, backed by YCombinator, is looking into acquiring BlueEx (UNIV.PSX) the only listed Express Courier Logistics Company in Pakistan, it told Reuters on Thursday. "We are carving out and acquiring the e-commerce logistics business which currently operates under the brand name BlueEx. This is not an acquisition of Universal Network System Limited as a whole," said Salman Allana, founder and CEO of Rider. If the transaction goes through, this will be the first acquisition of a listed company by a startup, and the first major acquisition of a company listed on Pakistan's Growth Enterprise Market (GEM) board at the Pakistan Stock Exchange (PAKS.PSX). While Rider has not disclosed the transaction value, it claims the acquisition will make Rider the third largest player in the ecommerce logistics space.
Persons: Salman Allana, Rider, Allana, Ariba Shahid, Michael Perry Organizations: Express Courier Logistics Company, Reuters, Venture, Universal Network System, Pakistan Stock Exchange, GEM, YCombinator, Global Founders Capital, Flexport, i2i Ventures, Fatima, Ventures, Soma, Rebel Fund, Thomson Locations: KARACHI, Pakistan, Karachi
Sept 28 (Reuters) - Chico's FAS (CHS.N) will be taken private by Sycamore Partners for $938.1 million in an all-cash deal, the apparel retailer said on Thursday, sending its shares surging 63% in premarket trading. Sycamore is known to bet on retail and consumer investments and has stake in department store operator Belk, discount retailer Dollar Express and mall and web-based specialty retailer Hot Topic. The private equity firm has been trying to acquire Florida-based Chico's since 2015 after it failed to secure acceptable financing terms for its bid. In 2019, Sycamore had offered $407.8 million, which was eventually lowered to $350 million after Chico's financial performance worsened, but the deal was rejected by its shareholders. ..three brands Chico's, White House Black Market and Soma," Chico's CEO Molly Langenstein said.
Persons: Sycamore, Molly Langenstein, Savyata Mishra, Sriraj Kalluvila, Arun Koyyur Organizations: Chico's FAS, Sycamore Partners, Chico's, Belk, Dollar Express, Barington Capital Group, Black, Thomson Locations: Sycamore, Florida, U.S, Bengaluru
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Persons: Dow Jones, ed1f0450
Roblox has a great business model, says SoMA Equity's Simon
  + stars: | 2023-09-27 | 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 EmailRoblox has a great business model, says SoMA Equity's SimonGil Simon, SoMA Equity Partners founder and CIO, joins 'Squawk on the Street' to discuss how Simon is screening for stocks in today's environment, how Roblox fits into Simon's duration thesis, and more.
Persons: SoMA Equity's Simon Gil Simon, Simon Organizations: SoMA Equity Partners
Watch CNBC's full interview with SoMA Equity Partners' Gil Simon
  + stars: | 2023-09-27 | 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 SoMA Equity Partners' Gil SimonGil Simon, SoMA Equity Partners founder and CIO, joins 'Squawk on the Street' to discuss how Simon is screening for stocks in today's environment, how Roblox fits into Simon's duration thesis, and more.
Persons: Gil Simon Gil Simon, Simon Organizations: SoMA Equity Partners
Russia mulls joining China in banning Japanese seafood imports
  + stars: | 2023-09-26 | by ( ) www.reuters.com   time to read: +3 min
Japan started releasing the water from the plant into the ocean last month, drawing strong criticism from China. Russia is one of the biggest marine product suppliers to China and is seeking to increase its market share. "Taking into account the possible risks of radiation contamination of products, Rosselkhoznadzor is considering the possibility of joining with Chinese restrictions on supplies of fish products from Japan," Rosselkhoznadzor said in a statement. So far this year, Russia has imported 118 tonnes of Japanese seafood, the regulator said. Japan will scrutinise Tuesday's announcement by Russia, the top Japanese government spokesperson Hirokazu Matsuno said on Wednesday.
Persons: Kim Kyung, Rosselkhoznadzor, Hirokazu Matsuno, Matsuno, Alexander Marrow, Olga Popova, Katya Golubkova, Bernadette Baum, Gerry Doyle Organizations: Food, REUTERS, China, Japan, International Atomic Energy Agency, IAEA, Japan's Ministry, Environment, Thomson Locations: Soma, Fukushima Prefecture, Japan, Russia, Moscow, Russian, China, South Korea, Tokyo
Real wages adjusted for inflation fell in July for a 16th straight month in a sign households continued to feel the pinch from rising prices, separate data showed, boding ill for consumption. Exports remained solid in April-June with net external demand contributing 1.8% points to GDP growth, unchanged from the preliminary reading. But shipments to China slumped 13.4% in July to mark the 8th straight month of falls. Japan's economy has seen a delayed recovery from the COVID-19 pandemic this year, as rising living costs faltering global demand cloud the outlook. Given such uncertainties, Bank of Japan policymakers have stressed their resolve to keep monetary policy ultra-loose until the recent cost-driven inflation turns into price rises driven by domestic demand and higher wage growth.
Persons: Kim Kyung, Takeshi Minami, Yoshifumi Takemoto, Sam Holmes Organizations: Food, REUTERS, Norinchukin Research, Private, Bank of Japan, Thomson Locations: Soma, Fukushima Prefecture, Japan, TOKYO, China, Norinchukin
For Miyazaki, who painstakingly crafts thousands of hand drawings for a film, it's a long and laborious process. Several of Miyazaki's films rank among the biggest box-office hits ever in Japan; there are few other filmmakers today as revered — and fiercely beloved — as Miyazaki. “I am making this movie because I do not have the answer," Miyazaki told The New York Times in 2021. We are again, invited into a dizzyingly colorful otherworldly fantasy of Miyazaki's making. If this is to be the last Miyazaki movie (it would be unwise to ever really count him out), it's a tremendously moving goodbye.
Persons: Miyazaki's, Miyazaki, , , , Mozart, Guillermo del Toro, Mahito Maki, Soma Santoki, It's, Mahito's mother's, Yoshino Kimura, Mahito's, Masaki Suda, Mei, Mahito, Jake Coyle Organizations: TORONTO, Toronto, New York Times, Twitter Locations: Japan, Miyazaki, Toronto, Tokyo
FILE PHOTO: A woman talks on the phone at the Airbnb office headquarters in the SOMA district of San Francisco, California, U.S., August 2, 2016. REUTERS/Gabrielle Lurie/File PhotoHere are some of the tickers on my radar for Tuesday, Sept. 5, taken directly from my reporter's notebook:If you like this story, sign up for Jim Cramer's Top 10 Morning Thoughts on the Market email newsletter for free.
Persons: Gabrielle Lurie, Jim Cramer's Organizations: REUTERS Locations: SOMA, San Francisco , California, U.S
Two Cruise driverless taxis blocked an ambulance carrying a critically injured patient who later died at a hospital, a San Francisco Fire Department report said, in another incident involving self-driving cars in the city. It said that a police vehicle in another lane had to be moved in order for the ambulance to leave. The patient, who had been struck by a car, was pronounced dead about 20 to 30 minutes after arriving at the Zuckerberg San Francisco General Hospital, about 2.4 miles away from the accident. Cruise, an autonomous vehicle subsidiary of General Motors, said that it was not at fault. The footage also showed that other vehicles, including another ambulance, passed by the right side of the Cruise taxi.
Organizations: San Francisco Fire Department, Zuckerberg San Francisco General Hospital, General Motors, The New York Times, Cruise
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Persons: Dow Jones, 78455b9f
[1/3] Supermarket owner Takashi Nakajima, 67, prepares sashimi, or raw fish, to sell at his store, near the tsunami-crippled Fukushima Daiichi nuclear power plant, in Soma, Fukushima prefecture, Japan, August 9, 2023. It's been a long battle to get radiation-wary customers back to the seafood from waters near the Fukushima nuclear power plant that was wrecked in the 2011 tsunami, Nakajima says. Now, with the imminent release of treated radioactive water from the plant into the Pacific, he fears a return to square one. "This can't be happening," the 67-year-old said in the backyard kitchen of his supermarket in Soma city, just 45 km (28 miles) north of the stricken power plant. The problem is, this water release will go on for at least 30 years."
Persons: Takashi Nakajima, Akiko Okamoto, It's, Nakajima, Yasutaka Shishido, Kiyoshi Takenaka, Tom Bateman, Chang, Ran Kim, Stephen Coates Organizations: REUTERS, Tokyo Electric Power, Thomson Locations: Soma, Fukushima prefecture, Japan, China
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/bankrupt-trucker-yellow-taps-estes-express-for-1-3-billion-real-estate-sale-97d819f3
Persons: Dow Jones
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