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☆ Product managers rule Silicon Valley. Not everyone is happy about it.
▼ + stars: | 2024-11-20 | by ( Amanda Hoover | ) www.businessinsider.com time to read: +10 min

Several companies, from Airbnb to Snap, are now reconsidering the utility of product managers entirely, while others claim that the product manager's reign will only expand in the age of AI. Advertisement"The shift in power moved from engineering to product managers," says Hubert Palan, the CEO of Productboard, a company that provides software for product managers. "The product manager is at the center of everything," says Avi Siegel, a former product manager who's working on his own startup, Momentum. Whether their coworkers are happy about it or not, product managers are gaining recognition. "The future really does belong to product managers," says Frank Fusco, a product manager turned CEO of a software company called Silicon Society.

Persons: Elle, Sundar Pichai, Satya Nadella, YouTube's Neal Mohan, Gamble, Hubert Palan, doesn't, Avi Siegel, who's, Aaron, he's, ZipRecruiter, Zippia, I've, they're, Palan, Meg Watson, Watson, Brian Chesky, Paul Graham —, Frank Fusco, Fusco Organizations: LinkedIn, Procter, Hewlett, Packard, Microsoft, Apple, Google, Companies, Big Tech, Carnegie Mellon University, . News, McKinsey, Software, Spotify, Chesky, Silicon Society

☆ Here's why investors are so excited about Disney's quarterly results
▼ + stars: | 2024-11-14 | by ( Zev Fima | ) www.cnbc.com time to read: +7 min

Revenue in the fiscal fourth quarter totaled $22.57 billion, topping the $22.45 billion expected by analysts, according to estimates compiled by LSEG. And the good run should continue, with management forecasting earnings growth acceleration over the next couple of years. Roughly $15 billion in cash flow from operations vs. $14.8 billion expected, and about $8 billion in capital expenditures vs. $6.54 billion expected. That implies free cash flow of about $7 billion vs. $8.1 billion expected. In entertainment, the team forecasts double digit percentage growth in operating income, with 10% operating margin in its streaming businesses.

Persons: Robert Iger's, Iger, hasn't, Jim Cramer's, Jim Cramer, Jim, Mickey Mouse, Mouse, Gary Hershorn Organizations: Disney, Revenue, LSEG, Management, ESPN DTC, ESPN, DIS, Comcast, Netflix, Warner Bros Discovery, Paramount Global, Sports, CNBC, Magic, Walt Disney World, Corbis, Getty Locations: Florida, India, Orlando , Florida

☆ Paralyzed by Choice: the Golden Age of Online Shopping Is Over
▼ + stars: | 2024-11-04 | by ( Emilie Friedlander | ) www.businessinsider.com time to read: +13 min

Online shopping, which the US Census Bureau estimates accounts for roughly 16% of all retail sales, theoretically makes it easier to find exactly what we are looking for. AdvertisementThe golden age of comparison shopping isn't so golden after all. Ursu has studied two factors in shopping: search costs and search fatigue. Ursu guessed that the most exhausting stage of shopping is comparison shopping — when people pore over minuscule details between products to find the best one. Related storiesIf people abandon their shopping carts because they get overwhelmed by search fatigue, it can come back to bite retailers.

Persons: We'd, It's, Barry Schwartz, Jason Goldberg, Publicis, they've, Marsh, Samantha Kleinberg, you've, moisturizer, New York University's Leonard N, Ursu, Qianyun Zhang, Elisabeth Honka, lockdowns, Lauren Ralph Lauren, Goldberg, Rufus Organizations: Ikea, Amazon, Accenture, Swarthmore College, Walmart, Shoppers, Lehigh University, Stevens Institute of Technology, Cognitive, New York, Stern School of Business, Google Locations: New, Netherlands, Wayfair

Here's a rapid-fire update on all the stocks in Jim Cramer's Charitable Trust, the portfolio we use for the CNBC Investing Club. Broadcom: Of course, we love the company's AI business — both its custom silicon solutions for companies such as Alphabet and its networking chips that help stitch data centers together. Stanley Black & Decker: Jim said that this stock is the "most significant beneficiary" from lower rates in the entire portfolio. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Jim Cramer's, Jim, there's, Lisa Su, Wells, Salesforce, CrowdStrike, it's, we've, Walt Disney, —, Eaton, we're, Kamala Harris, Harris, Jim's, Linde, Eli Lilly, Lilly isn't, That's, Morgan Stanley, Goldman Sachs, D.A, Satya Nadella's, Palo, cybersecurity, Brian Niccol, We're, Stanley Black, Decker, TJX, Charlie Scharf, Wells Fargo's, Jim Cramer, Angela Weiss Organizations: Jim Cramer's Charitable Trust, CNBC, Club, Apple Intelligence, Abbott Laboratories, Devices, AMD, Nvidia, Broadcom, Apple, Federal Reserve, Costco Wholesale, Costco, Coterra, DuPont, Disney, ESPN, GE Healthcare, Democratic, Biden, Honeywell, Linde, Adobe, Microsoft, Davidson, Palo Alto Networks, Constellation Brands, Modelo, Corona, TJX, Jim Cramer's Charitable, New York Stock Exchange, AFP, Getty Locations: Wells Fargo, BlackRock, Dover, Eaton, China, U.S, Chipotle, New York City

☆ NATO fighter pilots break down their Eurofighter vs F-35 dogfight with cockpit video and paper airplanes
▼ + stars: | 2024-10-11 | by ( Chris Panella | ) www.businessinsider.com time to read: +4 min

Two NATO fighter jet pilots discussed their recent Eurofighter vs F-35 dogfighting competition. The pilots used paper airplanes to talk about their fight and their various maneuvers. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementTwo NATO fighter jet pilots recently compared notes after going head-to-head in a "dogfight" in the skies above Germany. Patrick Pearce discussed their battle during a dogfighting competition at Ramstein Air Base and the differences between their respective Eurofighter and F-35 jets.

Persons: —, Alexander Grant, Patrick Pearce, they've, Grant, Leonardo, Pearce, Lockheed Martin, they'd, I've, Valerie R, Seelye, weren't Organizations: NATO, US, Service, US Department of Defense, Ramstein Air Base, Eurofighter, US Air Force, Airbus Defense, Space, BAE Systems, Lockheed, German Eurofighter, Allied Air Command Locations: Germany, Europe, European, Belgium, Denmark, Finland, France, Netherlands, Norway, United Kingdom, United States

☆ 15 stocks top funds and legendary investors are piling into, including those held most by billionaires like Warren Buffett and Ken Fisher
▼ + stars: | 2024-10-10 | by ( Laila Maidan | ) www.businessinsider.com time to read: +3 min

The S&P 500 and Vanguard's Total Stock Market Index Fund have surged over 30% in 2024. GuruFocus tracks top investors' stock picks, highlighting 15 popular stocks among gurus. The stock market has boom-and-bust cycles and periods of sector rotations. Some have taken to copying the so-called investing gurus of our world. The bucket of allocators adds up to more than 140 investors and funds, including Buffett and Fisher.

Persons: Ken Fisher, Warren Buffett, contrarian, —, it's, He's, Buffett, Fisher Organizations: Market, Service, Market Index

☆ A year on from October 7, the Middle East is facing its greatest upheaval in a half-century
▼ + stars: | 2024-10-07 | by ( Nic Robertson | ) edition.cnn.com time to read: +8 min

Propelled by US incentives, Saudi Arabia and Israel seemed closer than ever to a historic normalization of relations. It was October 10, and Major General Itai Veruv of the Israel Defense Forces (IDF) was leading the first international press access to see the devastation of Hamas’ attacks. Israel's Prime Minister Benjamin Netanyahu is unwilling to be a partner in a deal that would resow Middle East relations. Nearly 42,000 Palestinians in Gaza have been killed, many by US bombs and bullets in Israel’s hands, authorities in Gaza say. Tehran’s Shia proxies in Iraq have also answered its calls and begun escalating drone attacks on Israel.

Persons: Butchery, Yahya Sinwar, Itai Veruv, General Eisenhower, Benjamin Netanyahu, Jack Guez, haven’t, Israel’s, Netanyahu, Joe Biden’s, Hassan Nasrallah, Israel –, Biden, Mohammed Bin Salman, Anwar Gargash, cleaver Organizations: CNN, Hamas, Aza, Israel Defense Forces, Israel's, Getty, West Bank, Saudi, Saudi’s Crown, MBS Locations: Israel, Saudi Arabia, Gaza, AFP, Lebanon, Iran, United States, Tehran, Tel Aviv, Iraq, Saudi, Palestinian, UAE

☆ What screams 'status' on Wall Street? Here's how the movers and shakers of finance are spending their money.
▼ + stars: | 2024-10-02 | by ( Emmalyse Brownstein | ) www.businessinsider.com time to read: +14 min

That said, everyone seemed to agree that the days of logo-forward purchases and other conspicuous signs of wealth are over — even on Wall Street. The industry's movers and shakers are still into name brands but are leaning into those that exude "quiet luxury." And where there are celebrities and influencers, there tend to be Wall Street dealmakers. It's not surprising that high-earners on Wall Street would have second homes (or, in many cases, multiple). The HamptonsThe beach towns of the Hamptons have long been a Wall Street favorite thanks to their proximity to Manhattan.

Persons: —, Ken Griffin, David Solomon, Goldman Sachs, Stephen Schwartzman, Blackstone, Jessica Cadmus, Cadmus, Marie Kondo —, I've, I'd, Zegna, Tom Ford, Claudio Lavenia, Van, Cartier, Jeremy Moeller, Hermes, Gucci, Jeremy Strong, Armani, Max Mara, Celine, Bottega, It's, it's, Sean Zanni, Wall Streeters Organizations: Service, Goldman, JPMorgan, Business, Paris Olympics, Bloomberg, Citadel, Anadolu, Getty, Wall Street, Street, BI, Wall, HBO, Hamptons Locations: Queens, New York, New York City, Africa, Costa Rica, Bottega Veneta, Manhattan, Montauk, Nantucket, Cape Cod, East Hampton , NY, Hudson

☆ 'The Wild Robot' director reveals he had 2 different endings for the movie
▼ + stars: | 2024-09-29 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +4 min

"I didn't want to finish the story with a presumption that we would make more 'The Wild Robot' movies. Warning: Spoilers ahead for "The Wild Robot" book and movie. 'The Wild Robot' movie's ending is more cinematic than the book's"The Wild Robot." DreamWorks AnimationBrown has written two other books in the series, "The Wild Robot Escapes" and "The Wild Robot Protects." When asked if he'd begun work on a sequel to "The Wild Robot," Sanders answered slyly, "Maybe we are."

Persons: Chris Sanders, Peter Brown's, Sanders, —, Peter Brown, Roz, Lupita Nyong'o, gosling, Stephanie Hsu, Kit Connor, Brightbill, she's, Brown, he'd, slyly, She's Organizations: DreamWorks, Service, DreamWorks Animation Locations: Brightbill

☆ The latest animated tearjerker has a scene inspired by Mufasa's death in 'The Lion King,' so get your tissues ready
▼ + stars: | 2024-09-28 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +4 min

Sanders says working on "The Lion King" helped him pull off a shocking moment in "The Wild Robot." So when it came to crafting another heartwarming yet tear-jerking animated classic, he took cues from his work on "The Lion King" and the film's most devastating moment. But with the mother goose's death, Sanders knew he would have to play it straight. So he used the death of Mufasa in "The Lion King" as a guide. AdvertisementMufasa's death scene in "The Lion King."

Persons: Chris Sanders, Sanders, King, —, Peter Brown, Roz, gosling, Bambi's, Catherine O'Hara Organizations: Service, Disney Animation, Walt Disney Studios, Disney

☆ Lupita Nyong'o damaged her vocal cords so badly doing a happy robot voice on 'The Wild Robot' that she almost needed surgery
▼ + stars: | 2024-09-26 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +3 min

Lupita Nyong'o voices the main character Roz in "The Wild Robot," in theaters Friday. Lupita Nyong'o voices Roz in "The Wild Robot." She'd strained her vocal cords so much doing Roz's voice that they formed a polyp, a growth on the vocal cords that forms due to overuse or misuse. Related stories"I wasn't even aware, honestly, of the stress she was putting on her own voice," Sanders said. "The Wild Robot" director Chris Sanders and Lupita Nyong'o.

Persons: Roz, Nyong'o, —, Lupita Nyong'o, Chris Sanders, Sanders, She'd, Lupita, Craig Barritt, Getty Nyong'o, Seth Meyers, Taylor, who's Organizations: Service, DreamWorks

☆ I had $1 million in the bank at 36. When I turned 40, I vowed to pursue my passions instead of running a billion-dollar company.
▼ + stars: | 2024-09-25 | by ( Kelly Burch | ) www.businessinsider.com time to read: +5 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. After graduation I was hired by McKinsey & Company, a management consulting firm, where I was a business analyst. I traveled the globe as an exec, but returned home for the Renaissance fair every yearI first went to a Renaissance faire on a middle school field trip. Courtesy of George ApplingFrom 2015 to 2018 I had a foot in both worlds: running the faire while also launching a tech company. But the most important thing to me is the joy that the faire and its summer camp bring to people.

Persons: —, George Appling, I'd, Sherwood, I've Organizations: Service, Texas, Business, McKinsey & Company, Harvard, Texas Renaissance, Mobile World Locations: Texas, Australia, England, Russia, Sherwood, Austin, Barcelona

☆ Boeing Starliner capsule returns home from space — without astronauts on board
▼ + stars: | 2024-09-06 | by ( Jackie Wattles | Ashley Strickland | ) edition.cnn.com time to read: +11 min

Relive the Boeing Starliner capsule’s return home as it happened. CNN —Boeing’s Starliner capsule returned from the International Space Station Friday evening — concluding its nearly three-month stay in space. This screengrab taken from a video shows Boeing Starliner as it touches down in White Sands Space Harbor, New Mexico, at 12:01 a.m. Boeing and NASA teams work around NASA's Boeing Crew Flight Test Starliner spacecraft after it landed uncrewed at White Sands, New Mexico, on September 7. NASA astronauts Mike Fincke, left, and Scott Tingle look inside NASA's Boeing Crew Flight Test Starliner spacecraft after it landed uncrewed at White Sands Missile Range’s Space Harbor, in New Mexico, on September 7.

Persons: CNN —, Butch Wilmore, Suni Williams, Starliner, —, “, ”, Williams, Calypso, ” Williams, you’ve, uncrewed, Aubrey Gemignani, Mark Nappi, Steve Stich, we’ve, ” Stich, we’d, ” Stitch, Butch, Suni, NASA Starliner’s, Wilmore, Stitch, Stich, Mike Fincke, Scott Tingle, NASA ‘, …, Ken Bowersox Organizations: Boeing, CNN, International, NASA, NASA's Boeing, SpaceX, White, Space Operations, Software Locations: Sands, , New Mexico, terra firma, Starliner, White Sands , New Mexico, New Mexico

☆ Large desert tortoise rescued from Arizona highway after escaping from ostrich ranch 3 miles away
▼ + stars: | 2024-08-12 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Ap-Live-Blog-Byline-Image.Png | The Associated Press | ) www.nbcnews.com time to read: 1 min

PICACHO, Ariz. — How long does it take a large desert tortoise to get to the other side of a southern Arizona highway? It’s still a mystery, after a state Department of Public Safety trooper recently helped rescue an escaped sulcata tortoise that was attempting to cross Interstate 10 near Picacho. A motorist contacted authorities on July 30 to report a tortoise trying to cross the busy highway that’s halfway between Casa Grande and Tucson in Pinal County. Troopers saw the name “Stitch” labeled across the tortoise’s shell and contacted an ostrich ranch that was 3 miles away. According to the Arizona Republic, the ranch confirmed Stitch was one of it resident tortoises and had recently escaped from his habitat.

Persons: Steven Sekrecki, Stitch Organizations: of Public Safety, Troopers Locations: Arizona, Picacho, Casa Grande, Tucson, Pinal County, Arizona Republic

☆ Police Nab Fugitive Tortoise on Slow Run to Freedom
▼ + stars: | 2024-08-12 | by ( Sara Ruberg | ) www.nytimes.com time to read: 1 min

On an interstate highway between Phoenix and Tucson, Ariz., drivers on their morning commute called 911 to report a runaway. He was miles from home and ambling across the four-lane highway when he was finally caught by police. State troopers, with the help of a few good Samaritans, stopped traffic and picked up the escapee: Stitch, a giant sulcata tortoise with a sand-colored shell. The 14-year-old tortoise had broken out of his enclosure and a few layers of fences at the nearby Rooster Cogburn Ostrich Ranch, a roadside animal park open to the public, before making a run for it. Danna Cogburn, an owner of the ranch, said he had been missing for two to three hours before officers told the owners they had found him on the road.

Persons: Danna Organizations: State Locations: Phoenix, Tucson, Ariz

☆ Disney is hoping for a box office rebound built on sequels, prequels and pixie dust
▼ + stars: | 2024-08-10 | by ( Sarah Whitten | ) www.cnbc.com time to read: +8 min

Yet, the company's post-pandemic box office was also beset by executive decisions to increase content production to pad its fledgling streaming service Disney+. As the company seeks to rebuild its reputation and recapture magic at the box office, it is relying heavily on existing, and beloved, franchises. Revisiting old favoritesHeading into D23, Disney had two major box office successes under its belt from two major franchises. Its latest Pixar film, "Inside Out 2," is now the highest-grossing animated film of all time, topping $1.5 billion at the global box office. Robert Downey Jr. speaks onstage during the Marvel Studios Panel in Hall H at SDCC in San Diego, California on July 27, 2024.

Persons: Bob Iger, Araya Doheny, Iger, —, Auli'i Cravalho, Dwayne Johnson, Disney, Elio, Adrian Molina, Zoe Saldana, Jon Hamm, Bobby Moynihan, Mando, Grogu, Cassian Andor, Jude Law, jettison, Thanos, Kevin Feige, San Diego Comic Con, Robert Downey Jr, Doom, Jesse Grant Organizations: Walt Disney Company, Disney Entertainment, Getty, Honda Center, Disney, Disney's, Pixar, Walt Disney Studios, Lucasfilm, stormtroopers, ATs, Galactic, Star, Marvel, Marvel Studios, San Diego Comic Locations: Anaheim , California, Hollywood, SDCC, San Diego , California

☆ Can Kamala Harris Rebuild the Democratic Coalition?
▼ + stars: | 2024-08-02 | by ( Nate Cohn | ) www.nytimes.com time to read: +1 min

With a little over three months until the presidential election, Kamala Harris inherited a Democratic coalition that was badly frayed. In polls this year, young, Black and Hispanic voters abandoned President Biden in droves. To win, Vice President Harris will need to stitch a winning Democratic coalition back together. While it’s still early, the first polls since Ms. Harris all but locked up the nomination suggest she has already made some progress. To win the Electoral College, she’ll need additional gains in the months ahead.

Persons: Kamala Harris, Biden, Harris, it’s, she’s Organizations: Democratic, Trump, Republican, Electoral College

☆ We're adding to this beaten-up chipmaker and would be buyers of a peer stock
▼ + stars: | 2024-08-02 | by ( Jeff Marks | ) www.cnbc.com time to read: +3 min

Following the trade, Jim Cramer's Charitable Trust will own 700 shares of AVGO, increasing its weighting in the portfolio to 3.16% from 2.94%. The stock market is headed for another rough day as concerns about the economy grow. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer's, payrolls, Ben Reitzes, Dell, Lisa Su, Jim Cramer, Jim Organizations: Broadcom, AVGO, Federal Reserve, VMware, Intel, Melius Research, HP, AMD, CNBC Locations: U.S

☆ Tom Daley unveils his latest Olympic knitting handiwork
▼ + stars: | 2024-08-01 | by ( Leah Dolan | ) edition.cnn.com time to read: +3 min

CNN —While most Olympic divers sitting poolside at Paris’ Aquatic Center are anxiously twiddling their thumbs, one athlete has been twiddling a pair of knitting needles. Tom Daley, the 30-year-old Team GB diver who won his fifth Olympic medal earlier this week, has unveiled his latest achievement: a handknitted Paris Games themed sweater. Daley has been photographed knitting during every stolen moment while in Paris for the Olympic Games — whether he is watching his teammates compete or resting between his own events. “I don’t know how to just do nothing,” Daley said during an interview with CNN in Paris on Thursday. “So I sketched it out, made tension gauges and did the measurements and the maths to be able to figure out how to make it… You know (knitting) can be quite technical at times.

Persons: Tom Daley, Jack, “ Daley ”, Daley, ” Daley, Dustin Lance Black, “, ”, Daley’s, Tom Organizations: CNN, Team, Paris Games, Paris, Olympic, YouTube, Games, Tokyo, Instagram Locations: Paris, “

☆ Stitch by Stitch, Pacita Abad Crossed Continents and Cultures
▼ + stars: | 2024-08-01 | by ( Andrew Russeth | ) www.nytimes.com time to read: +1 min

However, in New York, where Abad lived briefly in the 1970s, while studying painting at the Art Students League, her work has been scarce. The Museum of Modern Art owns nothing by her, and the Metropolitan Museum of Art just acquired its first piece. During her life, she proposed shows to U.S. museums and received around 100 rejection letters, her family has said. MoMA PS1 is hosting the first retrospective dedicated to Abad, which was organized by Victoria Sung at the Walker Art Center in Minneapolis, where it ran last year. It consists of more than 50 works, and while it should be two or four times larger — she was protean and prolific — it is still thrilling.

Persons: Pacita Abad, Abad, Victoria Sung Organizations: Art Students League, Modern Art, Metropolitan Museum of Art, Walker Art Center Locations: Singapore, Asia, Manila, New York, Minneapolis

☆ NASA says it can ask SpaceX to bring Boeing astronauts home if needed, as they reach 51 days on the space station
▼ + stars: | 2024-07-27 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +5 min

He was referring to the Boeing Starliner and SpaceX's Crew Dragon. AdvertisementSpaceX got astronauts to space a lot faster than BoeingA Crew Dragon approaches the International Space Station with astronauts on board. AdvertisementBoeing's Starliner spaceship, which Williams and Wilmore flew on, docked at the space station 262 miles above Egypt. As of Friday, the astronauts and their spaceship had been on the station for 51 days. Engineers have been replicating the thruster issues that developed while Williams' and Wilmore's ship was on its way to the space station.

Persons: —, Suni Williams, Butch Wilmore, Steve Stich, " Stich, Elon Musk, Williams, FREDERIC J . BROWN, Starliner, Mark Nappi, Nappi, Wilmore, we're, hasn't, Stitch, haven't, Butch, Suni Organizations: Service, Space Station, SpaceX, Business, Boeing, NASA, Program, Getty, NASA NASA, Engineers Locations: AFP, Egypt, New Mexico

“We look at this 1-year-old as our miracle baby, (because) he was still alive,” Calcasieu Parish Sheriff Stitch Guillory said this week. Detectives eventually learned the 4-year-old had last been seen on Saturday with his mother, Aaliyah Jack, 25, of Lake Charles, and his 1-year-old brother, the sheriff’s office said. The 1-year-old was found near mile marker 10 – about 9 miles from the rest stop where his brother had been found dead the day before, the sheriff’s office said. He was taken to a hospital and later released to the state Department of Children and Family Services, Calcasieu Parish Sheriff’s Office spokesperson Kayla Vincent told CNN. In this still from a video, truck driver Reginald Walton speaks to CNN affiliate KADN.

Persons: Hurricane, Stitch Guillory, Beryl, Aaliyah Jack, –, Reginald Walton, ’ ” Walton, KADN, Walton, ” Walton, Kayla Vincent, Jack –, Guillory, “, ”, ‘, Jack, Aaliyah Jack’s, Conswella Jack, …, Conswella, Lake Charles, CNN’s Taylor Ward Organizations: CNN, Police, KADN, Department of Children, Family Services Locations: Louisiana, Mississippi, Gulf Coast, Calcasieu, Louisiana’s Calcasieu Parish, Texas, Lake Charles, Meridian , Mississippi, Calcasieu Parish, Houston, Lake

☆ How thousands of Americans got caught in fintech’s false promise and lost access to bank accounts
▼ + stars: | 2024-07-02 | by ( Hugh Son | ) www.cnbc.com time to read: +10 min

Craft had her wages deposited directly into a Yotta account and used the startup's debit card to pay for all her expenses. CNBC reached out to fintech customers whose lives have been upended by the Synapse debacle. Instead of spending years and millions of dollars trying to acquire or become banks, startups got quick access to essential services they needed to offer. They account for 60% of all new fintech account openings, according to data provider Curinos. The FDIC's exact language about whether fintech customers are eligible for coverage: "The short answer is: it depends."

Persons: Natasha Craft, Craft, fintech, Adam Moelis, Sankaet Pathak, Michele Alt, Scott Sanborn, Sanborn, LendingClub, she's, Rick Davies, Taylor Stitch, " Davies, He's, he's, Davies, hasn't Organizations: FedEx, CNBC, Federal Deposit Insurance Corp, Synapse, Indiana FedEx, Disney, Bank, Trust, JPMorgan Chase, Klaros, PayPal, Getty, Financial Technology Association, D.C, Block, Regulators, Federal Reserve, FDIC, Oakland, San, OCC Locations: Mishawaka , Indiana, Craft, Oakland , California, New York City, Santa Barbara , California, Maryland, Bristol , Connecticut, Seattle, Tennessee, Yotta, Boston, Washington, fintechs, Silicon, San Francisco

☆ What the Arrival of A.I. Phones and Computers Means for Our Data
▼ + stars: | 2024-06-23 | by ( Brian X. Chen | ) www.nytimes.com time to read: +1 min

Apple, Microsoft and Google are heralding a new era of what they describe as artificially intelligent smartphones and computers. But to make that work, these companies need something from you: more data. To provide the new bespoke services, the companies and their devices need more persistent, intimate access to our data than before. In the past, the way we used apps and pulled up files and photos on phones and computers was relatively siloed. “Do I feel safe giving this information to this company?” Cliff Steinhauer, a director at the National Cybersecurity Alliance, a nonprofit focusing on cybersecurity, said about the companies’ A.I.

Persons: Cliff Steinhauer Organizations: Apple, Microsoft, Google, National Cybersecurity Alliance

☆ Boeing Starliner: Two astronauts wait to come home amid spacecraft issues
▼ + stars: | 2024-06-19 | by ( Jackie Wattles | ) edition.cnn.com time to read: +9 min

Spaceflight veterans Suni Williams and Butch Wilmore arrived at the space station aboard the Starliner on June 6. It’s not uncommon for astronauts to unexpectedly extend their stay aboard the space station — for days, weeks or even months. But the situation makes for a moment of uncertainty and embarrassment that joins a long list of similar blunders by the Boeing Starliner program, which is already years behind schedule. The Starliner spacecraft on NASA's Boeing Crew Flight Test is pictured docked to the Harmony module's forward port on June 13 as the International Space Station orbited 262 miles above Egypt's Mediterranean coast. The first Starliner test mission, flown without crew in late 2019, was riddled with missteps.

Persons: CNN —, Suni Williams, Butch Wilmore, Williams, Wilmore, it’s, “, ”, Steve Stich, Mark Nappi, It’s, Stich, Starliner, Wilmore —, Robert Behnken, Douglas Hurley, Joel Kowsky, Bob Behnken, Doug Hurley —, Hurley, Behnken’s, ” Stich, Michael Lembeck, Lembeck, —, Dragon, ” Lembeck, ” Nappi, “ Everything’s, ” Williams Organizations: CNN, NASA, International, Spaceflight, Boeing, NASA's Boeing, Harmony, SpaceX, International Space, University of Illinois Locations: firma, University of Illinois Urbana, Champaign

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