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For most art-world buyers, a work unsubtly called “Comedian” lacked a certain a-peel. But on Wednesday, Cattelan got the last laugh as “Comedian” sold for $6.24 million, including $1 million in fees. The buyer was soon revealed to be Justin Sun, a 34-year old cryptocurrency platform founder from China and based in Switzerland. And while some who have capitalized on those assets will inevitably purchase art, artworks themselves have their own rates of return that depend more on evolutions in taste that don’t correlate with wider macroeconomic trends. Sun, the “Comedian” buyer, used his own cryptocurrency, TRX, to make the purchase, Sotheby’s said.

Persons: ”, Maurizio Cattelan, Cattelan, Justin Sun, Sun, ” Sun, ” David Galperin, Sun’s, Alex Glauber, “, ” Glauber, Leonardo da Vinci’s “ Salvatore Mundi ”, Glauber, Duchamp, Marcel Duchamp, Jianping Mei, Michael Moses, JP Mei, ” Moses, “ It’s, Moses, Sotheby’s, CoinMarketCap, Robb, Robert Allen Organizations: Basel, Association of Professional Art Advisors, The New York Times, Moses Art Market Consultancy, NBC News, Sun Locations: Italian, Miami, China, Switzerland, Americas, South Florida, millennials, Europe, South America

Russia has fired about 60 North Korean KN-23 missiles at Ukraine this year, according to a Ukrainian defense official. These less-sophisticated missiles are part of North Korea’s growing support to Moscow, which also includes about 11,000 North Korean soldiers deployed to Russia’s Kursk region. Strikes using North Korean missiles have killed at least 28 people and injured 213 this year, the Ukrainian prosecutor general told CNN. Ukrainian investigators found evidence that crucial components used in the North Korean missiles are produced by at least nine Western manufacturers. There are more than 250 companies whose components have been identified in North Korean missiles, according to CAR.

Persons: “, Yuriy Ignat, Russia – “, ”, Andriy Kulchytskyi, Damien Spleeters, Victoria Vyshnivska, Vyshnivska, Danylo, Vladyslav Vlasiuk, Trump, Richard Blumenthal Organizations: Ukraine CNN —, CNN, Ukrainian Air Force, Korean, North Korean, Scientific Research, Forensic, Ukraine’s, Corruption, Military Research, Kyiv’s Scientific Research, Ukrainian Defense Intelligence, Research, Getty, US Commerce Department, “, US, Investigations, Defense Intelligence Locations: Kyiv, Ukraine, Ukraine CNN — Ukraine, Russia, North, Moscow, Russia’s Kursk, United States, Netherlands, United Kingdom, North Korea, Germany, Switzerland, Korean, US, China, Anadolu, Canada, Belarus, Western, Ukrainian, Russian, Iran

☆ Hungary's Orban breaks with neighbors to dismiss ICC's arrest warrant for Netanyahu
▼ + stars: | 2024-11-22 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +3 min

Hungarian prime minister Viktor Orban said Friday he would invite Benjamin Netanyahu to visit his country and that he would guarantee that an International Criminal Court arrest warrant against the Israeli prime minister would "not be observed." Ireland's prime minister Simon Harris said Friday that his country would be prepared to arrest the Israeli prime minister if he came to the country. The International Criminal Court has issued arrest warrants for former Israeli Defense Minister Yoav Gallant and Israeli Prime Minister Benjamin Netanyahu. The ICC issued arrest warrants on Thursday for Netanyahu and his former defense chief Yoav Gallant, as well as Hamas military chief Mohammed Deif, for alleged war crimes and crimes against humanity in the Gaza conflict. Benjamin Netanyahu, left, and Viktor Orban at the parliament in Budapest, Hungary, on July 18, 2017.

Persons: Viktor Orban, Benjamin Netanyahu, Simon Harris, Yoav Gallant, ” Harris, Netanyahu, Harris, Mohammed Deif, Orban, Israel’s, ” Orban, Karoly Arvai, Josep Borrell, Petr Fiala, ” Organizations: Israeli, Getty, RTE, International Law, ICC, Fidesz, Czech Foreign Ministry Locations: Ireland, Netherlands, Switzerland, Italy, Spain, Slovenia, Rome, Gaza, Hungary, “, Budapest, Czech Republic, Czech, Prague

This resolution abandoned that necessity, and for that reason, the United States could not support it. Fourteen Security Council members voted for the resolution, while only the United States voted against it. “It is a sad day for the Security Council, for the United Nations and for the international community,” said Algeria’s ambassador, Amar Bendjama. Although Security Council resolutions are considered to be international law, the Council has no means of enforcing resolutions. That month, the United States abstained from voting on a resolution that called for a temporary halt to the fighting for the month of Ramadan.

Persons: ”, Robert A ., Amar Bendjama, Carolyn Rodrigues, Birkett Organizations: United Nations Security, United, Council, Hamas, United Nations, UNRWA, Security Council, Security, Israel Locations: States, Israel, Gaza, United States, United, Washington, American, Algeria, Ecuador, Guyana, Japan, Malta, Mozambique, Republic of Korea, Sierra Leone, Slovenia, Switzerland, “, ”, Ukraine, Britain, France, Russia, China

☆ If you want to buy a coveted Patek Philippe timepiece, it'll take patience and a few social skills
▼ + stars: | 2024-11-21 | by ( Amanda Krause | ) www.businessinsider.com time to read: +6 min

AdvertisementWhere can you buy a Patek Philippe watch? Karger, a former lawyer who now runs a publication called Wrist Enthusiast, said that Patek Philippe "generally doesn't own their own stores." Representatives for Patek Philippe did not respond to a request for comment from BI on its sales processes. Reaching the level of Patek PhilippeWhen collectors, jewelers, and other fans discuss Patek Philippe watches, awe almost always enters their voices. Brad Pitt wears a Patek Philippe watch while in Venice.

Persons: Philippe, Phil Reid, Patek Philippe timepieces, Queen Victoria, it's, Birkin, Kelly, Reid, Craig Karger, Philippe timepiece, Patek Philippe, Eugene Gologursky, Karger, That's, Patek, Philippe Aquanaut, Jeremy Moeller, there's, Krager, Audemars Piguet, I've, they've, Brad Pitt, JB Lacroix, Variety, who's Organizations: Swiss, Rolex, Cartier, IWC, Nautilus, Getty Locations: London, Patek, Swiss, Miami, Lisbon, Switzerland, New York City, Venice

☆ Can the sporty be Godly? Why the Vatican is in the race to become a global sporting presence
▼ + stars: | 2024-11-20 | by ( George Ramsay | Christopher Lamb | ) edition.cnn.com time to read: +6 min

CNN —Rien Schuurhuis never expected to win this year’s cycling world championships, nor come close to claiming the race’s distinctive rainbow jersey. For the sole representative of the Vatican City in the 200-strong field, simply being at the race in Switzerland was enough. “There was one hill in the (2022) world championships and everyone was yelling: ‘The Pope’s cyclist! At every race, Schuurhuis’ ultimate aim has been to get people talking about the team and what it represents. Pope Francis, the first Latin American pontiff, is a soccer fan who played as a goalkeeper and supported San Lorenzo while growing up in Argentina.

Persons: Rien Schuurhuis, Schuurhuis, they’re, –, ”, Pope Francis, Valerio Agnoli, “, Chiara Porro, Herself, Porro, ” Schuurhuis, Pope John Paul II, Castel Gandolfo, San, Diego Maradona –, Pope Francis ’, ” Giampaolo Mattei, … Organizations: CNN, Vatican City, CNN Sport, International Cycling Union, UCI, ”, League, Australia’s Embassy, Vaticana, Swiss Guards, England, Culture, Athletica, “, Brisbane Games Locations: Vatican, Switzerland, Belgium, Vaticana, India, Australia, Asia, Rome, St, Peter's, Athletica Vaticana, San Lorenzo, Argentina, Canberra

☆ 'Go for gold' says Goldman Sachs, but other Wall Street banks aren't so sure
▼ + stars: | 2024-11-19 | by ( Ganesh Rao | ) www.cnbc.com time to read: +4 min

Three Wall Street banks have taken differing views on gold's trajectory in 2025, reflecting the complex economic outlook. Goldman Sachs expects the price of the yellow metal to reach $3,000 per ounce by December 2025, saying "Go For Gold" in a note from Nov. 17. The gold price has declined by 7% since late October as the risk of a disputed U.S. election result diminished. While maintaining a positive outlook on gold, UBS warned that its gains — gold had risen 35% this year until November — could slow down. Goldman Sachs pointed to a fivefold increase in central bank gold purchases, driven by concerns about financial sanctions and sovereign debt sustainability.

Persons: Goldman Sachs, Donald Trump's, Goldman, Daan Struyven, Karen Ward, Ward, Arend Kapteyn, Bhanu Baweja, — CNBC's Michael Bloom Organizations: Trump, JPMorgan Asset Management, UBS Locations: U.S, Europe, Middle East, Africa, Switzerland, Russia, Ukraine

Iran sent a written message via Swiss diplomats in mid-October saying that it would not seek to kill Donald Trump, according to a U.S. official. Switzerland handles U.S. diplomatic interests in Tehran as Iran and the United States do not have official diplomatic relations. In July, the Biden administration obtained intelligence about an Iranian assassination plot against Trump, and the information led the Secret Service to ramp up security for his campaign. Last week, the Justice Department charged an Iranian man with plotting to assassinate Trump as a part of a murder-for-hire scheme. Officials have found no link between the shooter in that case and the Iranian plot.

Persons: Donald Trump, Biden, Trump, Qasem Soleimani, Trump’s, Soleimani, Steven Cheung, ” Organizations: U.S, Trump, Street Journal, Iran’s United Nations, Service, Justice Department, Islamic Revolutionary Guard Corps, The Justice Department, United Nations Locations: Iran, Switzerland, Tehran, United States, U.S, Baghdad, Butler, Pa, United, Fars

☆ Quincy Jones’ cause of death revealed
▼ + stars: | 2024-11-13 | by ( Dan Heching | Cheri Mossburg | ) edition.cnn.com time to read: +4 min

Bob Parent/Hulton Archive/Getty Images Jones performs with his band in Vienna, Austria, in 1960. brandstaetter images/Hulton Archive/Getty Images Jones works with Frank Sinatra on a soundstage in 1964. Benainous/Reglain/Gamma-Rapho via Getty Images Jones poses with the six Grammys he won in 1991. Patrick Kovarik/AFP/Getty Images Jones and Oprah Winfrey appear on the red carpet together at the Academy Awards in 1995. Lois Bernstein/AP Jones poses for a photo with his daughters Kidada Jones and Rashida Jones in 2005. Charley Gallay/Getty Images Jones poses for a portrait during the Toronto Film Festival in 2018.

Persons: Quincy Jones, Jones, Ray Charles, Frank Sinatra, Michael Jackson, Bobby Holland, Michael Ochs, Bob Parent, John Dominis, Duke Ellington, David Redfern, Peggy Lipton, Shutterstock Jones, Doug Pizac, Lou Rawls, Ron Galella, Stevie Wonder, Sunny Bak, Will Smith, Miles Davis, Courtney Sale Ross, Richard Corkery, Eddie Murphy, Rick Maiman, Patrick Kovarik, Oprah Winfrey, Lois Bernstein, Kidada Jones, Rashida Jones, Donato Sardella, Kevin Mazur, Barack Obama, JIM WATSON, Michael Caine, Denise Truscello, Naomi Campbell, Charley Gallay, Chris Pizzello, ”, Lisa Respers France, Alli Rosenbloom Organizations: CNN, Associated Press, Michael Ochs Archives, Getty, CBS, HBO, United Negro College Fund, Lille, Montreux Jazz, Academy, Jones, White House, Toronto Film, Theatre, Abaca Press, AP, Recreation Locations: Bel Air , California, Los Angeles, Vienna, Austria, Redferns, Beverly Hills, Cannes, France, Switzerland, AFP, Haiti, Hollywood, Las Vegas

☆ I'm a female breadwinner who moved to Switzerland for my Google job. Our family dynamic is not easy in a conservative culture.
▼ + stars: | 2024-11-12 | by ( Elle Hardy | ) www.businessinsider.com time to read: +7 min

Annalisa Pawlosky, an AI scientist, moved her family to Switzerland in 2020 for a new role at Google. Pawlosky is the primary breadwinner for her family and handles the mental load of her household. Family dynamics are also more traditional in Switzerland, which took some getting used to. AdvertisementThis as-told-to essay is based on a conversation with Annalisa Pawlosky, a 40-year-old AI research scientist at Google in Zurich. While I was at Stanford, Google asked me to start the Google Accelerated Science biochemistry and molecular biology laboratory.

Persons: Annalisa Pawlosky, —, Google, Francisco, weren't, didn't, I've, doesn't, It's, There's, it's, We'd, Lauryn Haas Organizations: Google, Service, MIT, Stanford, lhaas Locations: Switzerland, Zurich, London, Dublin, Paris, Europe, Asia, Africa

☆ Jordan Chiles on campaign to have Olympic bronze medal returned: 'I know we were right'
▼ + stars: | 2024-11-11 | by ( Marlene Lenthang | Marlene Lenthang Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +3 min

Jordan Chiles is doubling down on her efforts to reclaim her Olympic medal that was stripped after a controversial ruling saying, "that bronze medal was given to me in the right way." While Chiles said she still physically has the medal, the official results show that she finished in 5th. Jordan Chiles competes in the floor final at the Paris Olympic Games. “With this floor medal it was like 'Wow, I never expected myself to make a floor final.'" I think right now, I’m just trying to take in what’s happened from Paris and just take day by day."

Persons: Jordan Chiles, NBC’s, Chiles, “, ” Chiles, Cecile Landi, Carmen Mandato, Landi, Romanian Ana Bărbosu, Black, Hoda Kotb, ”, “ I’ll, I’ll, ’ ”, I’m Organizations: Paris Olympics, Paris Olympic, Games, Olympic, Sport, United States Olympic, Paralympic Committee, USA, Los Angeles Summer Locations: Romanian, Paris, Tokyo, what’s

☆ My teenage daughter backpacked alone through Europe. Despite my worry, I'd let her do it again.
▼ + stars: | 2024-11-10 | by ( Elise Seyfried | ) www.businessinsider.com time to read: +5 min

She told me she wanted to travel through Europe for three months with her own money. It was so hard for me to let go of that fear while raising my five kids. She'd been working and, with her saved money, Julie wanted to travel solo through Europe for three months. I had to learn to trust herI continued to worry daily during those months, but I had to learn to let go and trust my daughter. I've asked myself: If I had it to do over again, would I still let 18-year-old Julie travel alone through those 11 countries so far from home?

Persons: —, Julie, She'd, Patrick, Sheridan's, it's, I've Organizations: Service, Newark , NJ Locations: Europe, Texas, Newark ,, Rome, Venice, Budapest, Vienna, Luzern, Switzerland, Marburg, Germany, Finland, WhatsApp, Florence, Salzburg, Prague's, Paris, New York City, Brooklyn, New Yorker

☆ Longevity doctors are scrambling to get patients to stop taking flashy, expensive supplements
▼ + stars: | 2024-11-09 | by ( Hilary Brueck | ) www.businessinsider.com time to read: +8 min

Bischof and other longevity medicine practitioners say the trend toward overdoing it has been supercharged in recent years by more aggressive and flashy online marketing of longevity supplements. Overdoing supplements can hurt your healthMore isn't always more when it comes to taking supplements Strauss/Curtis/Getty ImagesIn the past, patients typically hadn't invested in healthy aging supplements on their own. Eventually, Bischof was able to convince the patient to stop taking his longevity supplements. AdvertisementDietician Naras Lapsys, chief clinical officer at Chi Longevity, a private clinic in Singapore, says many people are piling these newer pills on top of older, popular longevity supplements. For patients who are excited about longevity supplements, Bischof recommends cycling them, taking one for a few months, and then pausing instead of taking them continuously throughout the year.

Persons: —, Dr, Andrea Maier, Maier, it's, Evelyne Bischof, isn't, Strauss, Curtis, Bischof, Pharmacologist Myriam Merarchi, Merarchi, pare, Bryan Johnson, Lapsys Organizations: Service, National University of Singapore, Facebook, McKinsey, Hollywood, Chi Longevity Locations: Singapore, China, Switzerland, Israel, Shanghai, Tel Aviv, Swiss

☆ Ukraine keeps finding Western parts in Russia's weapons, this time in the wreckage of its new heavy Hunter drone
▼ + stars: | 2024-11-08 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

Ukraine said it found Western-made parts in the wreckage of a new Russian drone. The reported find marks the latest discovery of Western parts inside Russian weapons. AdvertisementUkraine said on Friday that it found Western-made parts inside the wreckage of a new heavy Russian combat drone that crashed last month. Ukraine uploaded purported evidence of the Western-made parts to a government portal, where several other companies were listed. Ukrainian service members inspect parts of a Russian S-70 drone in eastern Ukraine on October 5.

Persons: Hunter, —, Russia's, Nuzhnenko, HUR, Lockheed Martin, Russia's Okhotnik, it's Organizations: Service, Devices, Texas Instruments, AMD, Infineon Technologies, Business, Russian Defense Ministry Press Service, AP Infineon, Royal United Services Institute, Radio Free, Radio Liberty, Lockheed Locations: Ukraine, Russian, Europe, US, Germany, STMicroelectronics, Switzerland, Russia, Radio Free Europe, Ukrainian, Kostyantynivka, Ukraine's Donetsk

☆ I'm an American who spent 6 months living in Europe. Here are 5 lifestyle changes I'll be taking back with me to the US.
▼ + stars: | 2024-11-07 | by ( Emily Pogue | ) www.businessinsider.com time to read: +1 min

As an American who spent six months living in Europe, I noticed lots of differences in lifestyle. I plan on taking some aspects of life in Europe back home with me. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . I experienced these differences firsthand as an American traveling around Europe for six months, spending time in places like the UK, Czech Republic, France, Germany, The Netherlands, and Switzerland.

Persons: — Organizations: Service Locations: American, Europe, Czech Republic, France, Germany, The Netherlands, Switzerland, States

☆ Want to dodge the market volatility and capture the upside? This JPMorgan ETF's manager reveals how he's doing it
▼ + stars: | 2024-11-07 | by ( Ganesh Rao | ) www.cnbc.com time to read: +4 min

The JPMorgan Asset Management's U.S. fund, already the largest active ETF in the world, returned 21.5% in 2021, including 8.15% as income. In 2022, when the S & P 500 index nearly fell into a bear market, the fund lost just 3.5% in value. Over the past couple of years, the fund has returned 7% to 9% in income on top of capital appreciation. Spence stressed that JPMorgan did not intentionally time its entry into Europe on one of the most volatile weeks of the year for global markets. One such fund is Global X's covered call ETF XYLD , which marginally outperformed JPMorgan's JEPI over the past two years.

Persons: Donald Trump's, JEPI, Hamilton Reiner, Travis Spence, Spence, Reiner Organizations: JPMorgan, JPMorgan Asset Management's, CNBC, London Stock Exchange, Deutsche Borse, Six Swiss, Asset Management, U.S, Presidential, Global Locations: Europe, Germany, U.S, London, Netherlands, Italy, Switzerland

☆ Trump's presidency will hurt Europe's economic growth amid renewed trade tensions, Goldman Sachs says
▼ + stars: | 2024-11-06 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +4 min

Europe could take a hit to GDP in a second Trump presidency, Goldman Sachs analysts say. Europe could face a big hit to economic growth as trade tensions increase, Goldman Sachs analysts said. The analysts downgraded their growth forecasts across the region, down to 0.8% from their previous forecast of 1.1% for 2025. AdvertisementThe analysts point to renewed trade tensions fueled by Trump's proposal for sweeping tariffs on all US imports. More significant than the actual tariff increases, though, will be the trade policy uncertainty that comes with them, the analysts say.

Persons: Goldman Sachs, —, Trump, Joachim Nagel, Christine Lagarde Organizations: Trump, Service, EU, NATO Locations: Europe, TPU, Germany, Sweden, Switzerland, China, Ukraine

☆ Jeff Bezos, Sam Altman, Tim Cook and other tech leaders congratulate Trump on election win
▼ + stars: | 2024-11-06 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +7 min

Amazon founder and Executive Chairman Jeff Bezos celebrated Trump's win in a post on X, calling it an "extraordinary political comeback and decisive victory." Trump repeatedly took aim at Bezos' ownership of the Post, Amazon's tax record and its relationship with the Postal Service. Apple CEO Tim Cook congratulated Trump on his victory in a post on X. OpenAI CEO Sam Altman said in a post on X that he hopes Trump will see "huge success in the job." Meta CEO Mark Zuckerberg called Trump's election win a "decisive victory" and said he looks forward to working with the Trump administration.

Persons: Sam Altman, Jeff Bezos, Donald Trump, JD Vance, Trump, Bezos, Kamala Harris, Andy Jassy, Jassy, Tim Cook, Cook, Mark Zuckerberg, Zuckerberg, Elon, Musk, Trump's, Tesla, Sundar Pichai, he's, Satya Nadella, Reid Hoffman, Hoffman, Harris, Gelsinger, Arvind Krishna, Chuck Robbins, Uber, Dara Khosrowshahi, Aaron Levie, Michael Dell Organizations: Economic, Amazon, U.S, Washington Post, Postal Service, Trump, Post, Democratic, Apple, Facebook, SpaceX, White, America PAC, Google, Microsoft, Venture, LinkedIn, Intel, Biden, IBM, Cisco, Dell Technologies Locations: Davos, Switzerland, Glasgow, Scotland, Pennsylvania, Bezos, United States, U.S

☆ UK's ultra-rich feel the pinch from Labour's tax-raising budget
▼ + stars: | 2024-11-05 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +5 min

New arrivals to the U.K. will receive 100% U.K. tax relief for their first four years, so long as they have been non-resident for the last 10 years. That's in addition to the £21.1 billion the independent Office for Budget Responsibility (OBR) forecast to be raised by earlier changes to the non-dom regime announced by the Conservatives in March. "Although the draft legislation has now been released, the Government still has time to create a new non-dom system that works for internationally-mobile individuals," Porter said in a statement. If they'd gone for the tiered (system), there would have been howls that you've given into the fat cats. "If they'd gone for the tiered (system), there would have been howls that you've given into the fat cats," he said.

Persons: Mike Kemp, Rachel Reeves, Reeves, Times Rich, David Lesperance, Lesperance, Steven Porter, Porter, they'd, Leslie Macleod Miller Organizations: Ford, Labour, Finance, —, Times, Associates, CNBC, Conservatives, Treasury, Government, Foreign Investors, Britain, Lesperance Locations: Kuwait, Burlington, Bond, London, United Kingdom, City, That's, Italy, Switzerland, Dubai

☆ 'Until I Kill You' tells the story of a woman who survived the so-called 'Scalp Hunter' killer. Here's what happened to them.
▼ + stars: | 2024-11-05 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +5 min

"Until I Kill You" is about Delia Balmer's relationship with the so-called Scalp Hunter killer, John Sweeney. Advertisement"Until I Kill You" tells the story of a nurse who survived being attacked by her ex-boyfriend, a serial killer known as the "Scalp Hunter." ITVXAs seen in the series, which is based on Balmer's book, Sweeney and Balmer started dating in the early 1990s. Sweeney went on the run and remained at large for six years until February 2001. Police arrested him in London and he was given four life sentences for attempting to kill Balmer.

Persons: Delia Balmer's, John Sweeney, Balmer, Sweeney, —, Netflix's, Shaun Evans, Delia Balmer, Anna Maxwell Martin, It's, Melissa Halstead, Paula Fields, Halstead, Justice Saunders, ITVX Balmer, I've, I'm Organizations: Service, ITV, Police, Advertisement Police, Guardian, BBC Locations: British, Amsterdam, Rotterdam, London, Leicestershire, Regent's Canal, Camden, Switzerland, Fields

☆ Jeff Bezos and OpenAI invest in robot startup Physical Intelligence at $2.4 billion valuation
▼ + stars: | 2024-11-04 | by ( Hayden Field | ) www.cnbc.com time to read: +2 min

Physical Intelligence, a robot startup based in San Francisco, has raised $400 million at a $2.4 billion post-money valuation, the company confirmed Monday to CNBC. Investors included Amazon founder Jeff Bezos, OpenAI, Thrive Capital and Lux Capital, a Physical Intelligence spokesperson said. Physical Intelligence's new valuation is about six times that of its March seed round, which reportedly came in at $70 million with a $400 million valuation. Physical Intelligence hopes that model will be the first step toward its ultimate goal of developing artificial general intelligence. In case studies, Physical Intelligence details how its tech could allow a robot to do laundry, bus tables or assemble a box.

Persons: Sam Altman, Jeff Bezos, OpenAI, Microsoft's Bing Organizations: Economic, Amazon, Change, Physical Intelligence, CNBC, Investors, Lux Capital, Khosla Ventures, Sequoia Capital, Tesla, Google, Intelligence Locations: Davos, Switzerland, Glasgow, Scotland, Britain, San Francisco, ChatGPT

CNN —An American-Iranian journalist who once worked for a US-funded broadcaster is believed to have been detained in Iran, according to his former employer and multiple press freedom groups. Iran has not acknowledged detaining Valizadeh and the Iranian mission to the United Nations has declined to comment on his situation. The US-based Human Rights Activists News Agency, which focuses on Iran, also believes Valizadeh is being held in Evin. Iran has a long history of using dual nationals as bargaining chips in its troubled relationship with the West. It is currently marking the 25th anniversary of the 1979 Iran hostage crisis, in which 52 US citizens were held captive for 444 days.

Persons: Reza Valizadeh, Valizadeh, Ayatollah Ali Khamenei, ”, Yeganeh Rezaian, “ Organizations: CNN, Radio Farda, Free, Radio Liberty, RFE, United Nations, US State Department, Farda, Islamic Revolutionary Guard Corps, Intelligence Organization, Protect Journalists, Rights, News Agency, Department of State’s, State Department, US Locations: American, Iranian, Iran, Tehran, Free Europe, Switzerland, United States, Israel, New York, Iran’s, Evin, East, North Africa

☆ China's Premier Li Qiang to speak at import expo in Shanghai
▼ + stars: | 2024-11-03 | by ( ) www.cnbc.com time to read: +1 min

Li Qiang, China's premier, delivers a special address on the opening day of the World Economic Forum in Davos, Switzerland, on Jan. 16, 2024. China's Premier Li Qiang will deliver remarks at the opening ceremony of this week's China International Import Expo, the Chinese commerce ministry said on Sunday, as Beijing seeks to show the faltering economy is open for business. Leaders from Malaysia, Uzbekistan, Slovakia, Kazakhstan, Mongolia and Serbia are among those expected for the opening ceremony and other events at the seventh import expo, which runs from Tuesday to Saturday in Shanghai, the foreign ministry said. Launched by President Xi Jinping in 2018, the expo this year is an opportunity to showcase China's opening up and reform agenda, as the world's second-largest economy faces growing global trade barriers and domestic challenges. The European Union plans to send representatives to the country soon for more negotiations regarding price commitments in their ongoing EV tariff dispute.

Persons: Li Qiang, Xi Jinping Organizations: Economic, China, European Union Locations: Davos, Switzerland, China, Beijing, Malaysia, Uzbekistan, Slovakia, Kazakhstan, Mongolia, Serbia, Shanghai, United States, Europe

☆ Japan plans automated cargo transport system to relieve shortage of drivers and cut emissions
▼ + stars: | 2024-11-03 | by ( ) www.cnbc.com time to read: +4 min

Apart from making up for a shrinking labor force and the need to reduce workloads for drivers, the system also will help cut carbon emissions, she said. The plan in Switzerland involves an underground pathway, while the one being planned in London will be a fully automated system running on low-cost linear motors. Japan's shortage of truck drivers is worsening due to laws that took effect earlier this year that limit the amount of overtime drivers can log. The domestic transport capacity stands at about 4.3 billion metric tons, almost all, or more than 91%, by trucks, according to the Japan Trucking Association. As is true in most places, truck drivers have tough jobs requiring them to be on the road for days at a time, work that most jobseekers find unappealing.

Persons: Stanislav Kogiku, it's, Yuri Endo, Endo Organizations: Getty, Japan, Ministry of Land, Transport, Japan Trucking Association, Trucking Association Locations: Shinjuku , Tokyo, Tokyo, Osaka, Infrastructure, Tourism, Japan, Switzerland, Great Britain, London, U.S, United States

☆ Rolls-Royce has made a one-off, ‘Goldfinger’-inspired car with solid gold features
▼ + stars: | 2024-10-31 | by ( Kathy Rose Obrien | ) edition.cnn.com time to read: +3 min

London CNN —Rolls-Royce has created a one-of-a-kind car in honor of the 60th anniversary of the James Bond movie “Goldfinger,” with bespoke gadgets that would be the envy of Q. Rolls-Royce Phantom Goldfinger pictured at Stoke Park, southern England. Benedict Campbell/Rolls-RoyceUnsurprisingly, this Bond-worthy car is full of bespoke gadgets - many of which are, obviously, gold. Rolls-Royce Phantom Goldfinger features gold-plated golf putter in the trunk. Fancy getting your hands on a similar bespoke car?

Persons: Royce, James Bond, Goldfinger, Sean Connery, ”, Benedict Campbell, Auric Goldfinger’s, Nick Rhodes, Bond, ” Rhodes, Georgina Cox Organizations: London CNN —, Royce, Fort Knox, CNN Locations: Ville, Stoke, England, Fort, Furka, Swiss, Goodwood

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