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download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In today's big story, the walls are closing in on New York City Mayor Eric Adams after a federal indictment . New York City Mayor Eric Adams was indicted on five criminal counts in a corruption probe accusing him of bribery and receiving illegal campaign contributions from foreign nationals. In one case, according to the indictment, that meant a Turkish Airlines manager offering to charge Adams $50 for two business-class seats worth $15,000 . AdvertisementMessages obtained by prosecutors also show Adams promising his staffer he "always" deleted texts following a discussion of alleged Turkish bribes.
Persons: , Eric Adams, Eric Adams Seth Wenig, Alyssa Powell, Adams, Damian Williams, Gary Hershorn, He's, Alex Spiro, Elon Musk's, Kathy Hochul, Jumaane Williams, Ali Jarekji, it's, David Tepper, Sam Altman's, Getty, Olivier Verriest, Andrei Akushevich, Tyler Le, Dan DeFrancesco, Jordan Parker Erb, Jack Sommers, Nathan Rennolds, Amanda Yen, Milan Sehmbi Organizations: Business, Service, New York City, New, Democrat, Brooklyn Borough, Southern, of, Turkish Airlines, FDNY, Reuters, Financial Times, YouTube, Snapchat, Publishers, York Film Locations: New, States, New York, Manhattan, of New York, Turkish, Ali, Saudi Arabia, China, London
CNBC flagged posts with the false information to Meta. A company spokesperson said, “Meta has sent them to third-party fact-checkers for further review.”Across the U.S., with 40 days until the Nov. 5 election, state and local officials say they are puzzled by what to expect from Facebook. In 2016, Facebook was hammered by Russian operatives, pushing out false posts about Hillary Clinton to bolster Trump. Given Maricopa County’s high profile during the election season, the state often attracts attention from Facebook users across the country. During a Senate hearing last week on election threats, Meta’s head of global affairs, Nick Clegg, fielded questions about the company’s election preparedness.
Persons: Derek Bowens, Bowens, ” Bowens, “ Meta, Donald Trump, Hillary Clinton, Meta, Elon Musk, Kamala Harris, Taylor Kinnerup, Kinnerup, , , ” Kinnerup, she’d, Meta’s, Nick Clegg, Sen, Susan Collins, Collins, ” Clegg, Scott McDonell, it’s, McDonell, ” McDonell, Jeramy Gray, Meta “, Gray, ” Gray, we’ve Organizations: Facebook, USA, North Carolina State Board, CNBC, Meta, Republican, Russian, Trump, Pew Research Center, Elon, Associated Press, Reuters, Democratic, Maricopa, ” Intelligence, Homeland Security, FBI Locations: Durham County , North Carolina, N.C, , North Carolina , Mississippi, New Jersey, Springfield , Ohio, U.S, Canada, Maricopa County, North Carolina , Arizona, Arizona, Maine, China, Dane County, Wisconsin, Los Angeles County, North Carolina’s Durham County
Read previewIt could be the end of an era for publishers on Snapchat. A fourth said any time publishers get mixed up with creators, it's bad for publishers, adding that their Snapchat revenue was already in decline so the platform had become less of a focus. A few years later, as user-generated content became dominant on social apps like TikTok, the company shifted focus to individual content creators. Advertisement"The way they're structured now is less built to over cater to traditional publishers," a fifth Snap publisher exec said. ESPN on Snapchat Discover SnapchatSome publishers have shifted resources away from Snapchat during a challenging period for the media business as a whole.
Persons: , Snapchat Snapchat, it's, Evan Spiegel, Presley Ann, Getty, Snap's, Spiegel, Digiday, influencers, Ben Reininga, Sophie Crowther, There's, Ben Jeffries Organizations: Service, Big Tech, Business, Publishers, Meta, Google, ESPN, The Daily Mail, CNN, Snapchat, Harvard University, Dollar Locations: Snapchat
But the news wasn't greeted warmly in some corners of media, as it raised concerns that Snapchat might become the latest in a line of Big Tech platforms to deprioritize traditional media publishers in favor of creators. A fourth said any time publishers get mixed up with creators, it's bad for publishers, adding that their Snapchat revenue was already in decline so the platform had become less of a focus. A few years later, as user-generated content became dominant on social apps like TikTok, the company shifted focus to individual content creators. Advertisement"The way they're structured now is less built to over cater to traditional publishers," a fifth Snap publisher exec said. ESPN on Snapchat Discover SnapchatSome publishers have shifted resources away from Snapchat during a challenging period for the media business as a whole.
Persons: , Snapchat Snapchat, it's, Evan Spiegel, Presley Ann, Getty, Snap's, Spiegel, Digiday, influencers, Ben Reininga, Sophie Crowther, There's, Ben Jeffries Organizations: Service, Big Tech, Business, Publishers, Meta, Google, ESPN, The Daily Mail, CNN, Snapchat, Harvard University, Dollar Locations: Snapchat
Meanwhile, multiple Facebook users in states like North Carolina, Mississippi and New Jersey continue to share the ballot misinformation without any notification that it's false. Across the U.S., with 40 days until the Nov. 5 election, state and local officials say they are puzzled by what to expect from Facebook. In 2020, the site hosted rampant misinformation about politically charged issues like Covid treatments, masking and voter fraud. Given Maricopa County's high profile during the election season, the state often attracts attention from Facebook users across the country. During a Senate hearing last week on election threats, Meta's head of global affairs, Nick Clegg, fielded questions about the company's election preparedness.
Persons: Rebecca Noble, Derek Bowens, Bowens, Meta, Donald Trump, Hillary Clinton, Elon Musk, Kamala Harris, Taylor Kinnerup, Kinnerup, she'd, Meta's, Saul Loeb, Nick Clegg, Sen, Susan Collins, Collins, Clegg, Scott McDonell, it's, McDonell, Jeramy Gray, Gray, we've, Harris Organizations: Department, Facebook, USA, North Carolina State Board, CNBC, Meta, Republican, Russian, Trump, Pew Research Center, Elon, Associated Press, Reuters, Democratic, Maricopa, National Constitution Center, AFP, Getty, Intelligence, Homeland Security, FBI Locations: Maricopa County, Mesa, Arizona, Mesa , Arizona, U.S, Durham County , North Carolina, N.C, North Carolina , Mississippi, New Jersey, Springfield , Ohio, Canada, North Carolina , Arizona, Philadelphia , Pennsylvania, Maine, China, Dane County, Wisconsin, Los Angeles County, North Carolina's Durham County
Vice President Kamala Harris would prioritize small business growth and large industry competition in shaping her own antitrust and regulatory policy if she wins the presidency in November, Maryland's Democratic Gov. A pro-growth, pro-competition approach to business in a potential Harris administration would mark a striking divergence from the aggressive trust-busting and merger-skeptical principles that have shaped the Biden administration's regulatory agenda. "As the vice president is thinking about a future-facing administration, there are going to be different dynamics that are going to require different philosophies," said Moore. "There will be different sociopolitical and just political dynamics that is going to require a different set, a different lens and a different vision." But his comments could feed the hopes of Wall Street dealmakers who are already optimistic that a potential Harris administration — while firmly rooted in progressive economic traditions — might deprioritize the aggressive antitrust regime that has been a trademark of Biden's presidency.
Persons: Kamala Harris, Wes Moore, Harris, Moore, Organizations: Maryland's Democratic Gov, Biden, Democratic Party, Citigroup, Deutsche Bank, Robin Hood Foundation, Wall Locations: Baltimore, New York
One-fifth of respondents said they follow a “high-protein diet” — more than vegetarian, vegan and gluten-free diets combined. Before recommending a high-protein diet, she looks at pre-existing health conditions, family history and lifestyle. “I really wanted to show how to include protein, from the stance of here are whole-food lean sources of protein you can incorporate that can follow a higher protein diet, but that are still balanced,” she said. When starting a new diet, Stanford, of Mass General, advised seeing a physician or registered dietitian first to evaluate any individual risks and medical history. If a high-protein diet is deemed safe, Stanford encourages patients to be thoughtful and view it as a long-term commitment.
Persons: , Fatima Cody Stanford, , Teresa Fung, Stanford, Monica D’Agostino, ” D’Agostino, Kristin Kirkpatrick, ” Kirkpatrick, Elisabetta Politi, Politi, ” Politi, dietitians, Influencer Ainsley Rodriguez, ” Rodriguez, D’Agostino, ’ ” Stanford Organizations: Massachusetts General Hospital, Harvard Medical School, Simmons University, International Food Information, Cleveland Clinic, Duke, Management, Stanford Locations: Massachusetts, New York City, Durham , North Carolina, TikTok
Read previewAmazon's recent decision to stop accepting new users for several cloud services caught some customers, partners and even a few employees by surprise. No new customers, no new featuresFor a business as important as AWS, deprioritizing services is a tricky balancing act. However, at the scale of AWS, this still means that thousands of developers and other customers likely still rely on these cloud tools. "We will continue to support our customers, whether they continue to use these services, or they migrate to other AWS offerings or alternative third-party solutions." Consider Amazon Q, Amazon Connect, Amazon Bedrock, AWS Marketplace, Amazon WorkSpaces, Amazon SageMaker, Amazon QuickSight, and many other offerings that have had significant success with customers," he wrote in an email.
Persons: , Jeff Barr, Patrick Neighorn, Neighorn, Randall Hunt, Horovits Organizations: Service, Business, Web Services, AWS, Data Pipeline, Barr's, Amazon Connect
Jodi Wellman, a positive psychology expert, was an executive leader for 17 years but realized that achieving the pinnacle of success wasn't bringing her any joy. She previously held executive positions at companies like The Sports Clubs of Canada and Bally Total Fitness. "I was probably at the end of what I could do with that company, my proverbial glass ceiling," she said. Wellman said her whole identity rested on her career, so the feelings of hopelessness and fear were intensified as a result. What she realized was that she had pinned all her hopes on finding meaning through work while overlooking every other aspect of her life.
Persons: Jodi Wellman, Wellman, I'd Organizations: CNBC, Sports Clubs of Canada, Bally
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewCreator-economy startup Jellysmack has sold its catalog-licensing business, JellyFi, a company spokesperson told Business Insider. "Jellysmack's team has been extremely professional, and we hope to continue collaborating with them on many other opportunities," Copyright Capital's CEO Jack Ojalvo told BI in a statement. AdvertisementThe company entered the catalog-licensing business in early 2022, saying it would set aside $500 million for the effort. The company chose to deprioritize JellyFi in favor of more profitable core initiatives.
Persons: , Frederic Porcherot, Jack Ojalvo, Jellysmack, Sean Atkins, deprioritize, X, it's Organizations: Service, Copyright, BI, Business, Keli Network, YouTube, Facebook, Creative, Jellysmack, Productions, Network Media LLC, Crime Network Locations: SoftBank
But while the company's profile in the industry has stayed constant and swaggering, behind the curtain, its business has been increasingly troubled, 10 insiders told Business Insider. Creator economy professionals mingled beneath glowing jellyfish and coral light fixtures inside Jellysmack's creator lounge during VidCon 2023. "As a startup in the ever-evolving creator economy, we are constantly testing and adapting our business model," the Jellysmack spokesperson told BI in a statement. Advertisement"The world was falling apart with the pandemic, but early Jellysmack felt like a dream," the second former staffer told BI. BI viewed two Jellysmack contracts and an email exchange between Jellysmack and one of its creator clients to verify the practice.
Persons: , SoftBank, lanyards, Jellymack, Jellysmack, YouTubers, Brad Mondo, Meta, Michael Philippe, Jellysmack cofounders Swann Maizil, Robin Sabban, Nathan Guetta, Condé Nast, Youri Hazanov, Sean Atkins, hasn't, Snapchat —, Amanda Perelli, JellyFi, deprioritize, that's, it's, Ollie Forsyth, They've Organizations: Service, Business, Facebook, influencers, BI, YouTube, Disney, Comcast, Keli, Big Tech, cryptocurrency, MTV, HBO, Copyright Capital, SoftBank, Productions, OKA Media, Network Media LLC, Crime, Star, Spotify, Crime Network Locations: VidCon, SoftBank
Supporters of the state laws say they foster free speech, giving the public access to all points of view. One contrarian brief, from liberal professors, urged the justices to uphold the key provision of the Texas law despite the harm they said it would cause. “Social media platforms exercise editorial judgment that is inherently expressive,” Judge Kevin C. Newsom wrote for the panel. To the surprise of many, some prominent liberal professors filed a brief urging the justices to uphold a key provision of the Texas law. In the second case, Miami Herald v. Tornillo, the Supreme Court in 1974 struck down a Florida law that would have allowed politicians a “right to reply” to newspaper articles critical of them.
Persons: Samuel A, Alito Jr, , Scott Wilkens, Ron DeSantis, John Tully, Donald J, Trump, Greg Abbott of, , Ken Paxton, , Andrew S, Oldham, Kevin C, Newsom, Lawrence Lessig, Tim Wu of, Teachout, Mandel Ngan, Richard L, “ Florida’s, Moody, Paxton, Robins, William H, Rehnquist, Pat L, Tornillo, Warren E, Burger Organizations: Facebook, YouTube, Columbia University, Big Tech, The New York Times, Gov, Republican, Computer & Communications Industry, New York Times, Fox News, U.S ., Appeals, Fifth Circuit, ISIS, Harvard, Tim Wu of Columbia, Zephyr, Fordham, Twitter, Manchester Union, Citizens United, Agence France, University of California, Miami Herald, Florida, Representatives, Constitution Locations: Florida, Texas, Greg Abbott of Texas, Ukraine, Los Angeles, Campbell , Calif
Her advice for managing stress includes setting clear boundaries and communicating your needs. Through therapy and mindfulness, I cultivated a healthier relationship with work, boundaries, and my personal identity. I also saw there was a clear need for workplace mental-health education that felt science-backed, actionable, and relatable to busy professionals, which led me to a career pivot. AdvertisementThrough my work, I've learned about creating boundaries in a professional setting, how to stop burnout, and the real reason for stress. Remember that some stress is to be expectedThere's a big misconception that our goal should be to get rid of stress.
Persons: Gloria Chan Packer, , relatable, Uber, I've, you've, I'm, It's, aren't Organizations: Service, Foods Locations: Austin
The less-ambitious approach fit with Biden's determination to pivot his foreign-policy focus from Middle East hotspots to China. Arab leaders “are very aware this is going to keep blowing up. Then, Hamas's breakout from Gaza shattered what National Security Adviser Jake Sullivan had hailed as a period of Middle East calm. Brokering those alliances would stabilize the Middle East in themselves, no Israeli-Palestinian peace accord needed, supporters have argued. The nightmare unfolding now for Israeli and Palestinian civilians argues differently, when it comes to Biden's approach, critics say.
Persons: Biden, Richard Nixon, Joe Biden, Benjamin Netanyahu's, Abdel Fattah el, Sissi, Antony Blinken, , Yezid Sayigh, Malcolm H, it’s, Sayigh, Netanyahu, Mahmoud Abbas, Donald Trump, Jake Sullivan, Prince Mohammed bin Salman's, , Jonathan Lord, Yousef Munayyer, Sam Magdy Organizations: WASHINGTON, Camp David, Israeli, West Bank, United, Palestinian, Kerr Carnegie Middle East Center, U.S, Trump, United Arab, National, Biden, Hamas's, Center, New, New American Security, Arab, Associated Press Locations: Israel, China, Gaza, United States, Cairo, East, Jordan, Egypt, East Jerusalem, Saudi Arabia, Beirut, Lebanon, American, United Arab Emirates, Bahrain, Morocco, U.S, Iran, Saudi, New American, Palestine, Washington
X Corp is suing California over content moderation law, claiming freedom of speech infringement. It requires social media companies to say how they're tackling hate speech, harassment and extremism. X argued that the law pressures platforms to remove "constitutionally-protected" content. Social media companies routinely remove accounts and content that violate local laws and their own policies. It requires social media companies to publicly share their content moderation policies and report their enforcement data to the state attorney-general twice a year.
Persons: Elon, Bill, X, Gavin Newsom, Musk Organizations: X Corp, Service, Corp, Twitter, State, Social, Media, FBI Locations: California, Wall, Silicon
New York CNN —Elon Musk’s X Corp., the parent company of the platform formerly known as Twitter, on Friday sued California’s attorney general over the state’s new content moderation law. The law requires social media companies to post their terms of service online and submit a semiannual report to the state attorney general outlining their content moderation policies and practices. It added that the law could place an “undue burden” on social media companies such as Musk’s X, which is headquartered in California. “California will not stand by as social media is weaponized to spread hate and disinformation that threaten our communities and foundational values as a country,” Newsom said in the statement. The law “‘compel[s]’ X Corp. to ‘speak a particular message,’ which necessarily ‘alters the content of’ its speech,’” in violation of its First Amendment rights, the company alleges in the complaint.
Persons: New York CNN — Elon, California’s, Gavin Newsom, Robert Bonta, impermissibly, General Bonta’s, , Newsom, ” Newsom, Jonathan Greenblatt, “ ‘, Organizations: New, New York CNN, New York CNN — Elon Musk’s X Corp, California Gov, Court, California, X Corp, CNN, Anti, Defamation League, ADL, Corp Locations: New York, California, “ California
GOP presidential candidate Vivek Ramaswamy suggested an additional criteria for college applicants. He said colleges should screen applicants on their physical fitness, such as their 1-mile run time. Ramaswamy noted the idea wasn't part of his campaign platform, but is a "serious proposal." To combat this, the candidate said that College Board should "add a physical fitness section to the SAT, instead of just math and reading sections," and noted the section could possibly resemble the former Presidential Fitness Test which consisted of a 1-mile run, sit-ups, pull-ups, and more. Ramaswamy has also previously noted that if he makes it to the White House, he'd tap Musk as a potential adviser.
Persons: Vivek Ramaswamy, Ramaswamy, Donald Trump —, Trump, Ramaswamy sqaurely, Ron DeSantis, he's, Elon Musk Organizations: Service, Twitter, Trump, Florida Gov, House, SpaceX, GOP, White Locations: Wall, Silicon
The Reserve Bank of New Zealand (RBNZ) building in Wellington, New Zealand, on Wednesday, Feb. 22, 2023. New Zealand's central bank could have its policy goals narrowed significantly and be subject to an external review if the center-right National Party opposition wins election this year, as political scrutiny of the bank intensifies. As the country heads to an election in October, opinion polls show the opposition leading the center-left Labor government, which has held office since 2017. National's platform includes returning the Reserve Bank of New Zealand's, or RBNZ, goal to a single target of keeping inflation between 1% and 3% and jettisoning recent additions of an employment mandate. "New Zealanders need confidence that the Reserve Bank will not deprioritize inflation in the pursuit of other goals," National finance spokesperson Nicola Willis said in an emailed response to questions from Reuters.
Persons: Nicola Willis Organizations: Bank of New Zealand, National Party, Labor, Reserve Bank of New, Reserve Bank, National, Reuters Locations: Wellington , New Zealand, New
Opinion | The Case for Obligation
  + stars: | 2023-05-20 | by ( Brad Stulberg | ) www.nytimes.com   time to read: +1 min
The roots of these mammoth trees, stretching some 200 feet into the air above us, run only six to 12 feet deep. Instead of growing down, they grow out, extending dozens of feet to each side, enmeshing themselves with the roots of their neighbors. This is why we never see a lone redwood: They can survive only in a grove, bound together in obligation. But in our age of autonomy, efficiency, boundaries and self-care, we too often deprioritize, if not overlook altogether, the wellspring of strength and meaning that comes from obligation. If we commit to certain people and activities, if we feel an obligation to show up for them, then it’s likely that we will, indeed, show up.
A pricing battle could accelerate EV adoption, but automakers will have to sacrifice profits. Today's pricing war (coupled with new federal EV tax credits) could boost demand, helping automakers to boost volume, further helping with cost. The problem lies in profitabilityBut Tesla and Ford's price cuts mean they'll deprioritize profitability for the time being, and that worries industry analysts. "The current EV price cuts appear to defy logic… This will make the unprofitable low-return EV business that much more challenging until massive scale is achieved." "We view the price war as being good for consumers and it should help with overall EV sales and adoption," Nelson said.
CIOs in 2023 Want to Know: Who’s Got Talent?
  + stars: | 2022-12-27 | by ( Isabelle Bousquette | ) www.wsj.com   time to read: +5 min
As the information technology talent gap continues into 2023, chief information officers are augmenting recruiting efforts with new models like upskilling, job sharing and rotations as well as raising salaries and offering perks to retain workers. Some also believe the shifting economy could make it easier to fill vacancies, although the short term talent market remains challenging. “It’s been a source of should we, not deprioritize, but re-sequence the work that we’re doing,” Kroger CIO Yael Cosset said of the talent shortage. Duke Energy is developing certification curricula and joining with software companies on education programs to help internal talent learn new skills, said CIO Bonnie Titone. SHARE YOUR THOUGHTS What do you think CIOs can do to find and retain talent in 2023?
The White House is preparing to take executive action to protect hundreds of thousands of immigrants known as “Dreamers,” people close to the White House told NBC News, as the Biden administration braces for a potential court defeat that could end the decade-old Deferred Action for Childhood Arrivals program. Circuit Court of Appeals, possibly within days. Although the Biden administration is likely to appeal the order, the Supreme Court has indicated it would agree with a 5th Circuit ruling that ends the Obama-era program. The order would direct Immigration and Customs Enforcement to deprioritize deporting DACA recipients and refrain from deporting them if they aren’t deemed threats to public safety or national security. And if something terrible comes out of the 5th Circuit, I think it could be an issue in November,” said Durbin, referring to the November midterm elections.
The CFO of Compass believes profits will catch up to the real-estate brokerage's rapid growth. The conversation took a turn when Compass' CEO and cofounder, Robert Reffkin, suggested instead that Ankerbrandt join as its chief financial officer. Earlier this year, Ankerbrandt helped steward Compass' much-anticipated initial public offering that valued the firm at about $7 billion. "We had $370 million in revenue in 2017, and we did $3.7 billion in 2020, which is pretty incredible," Ankerbrandt said. For years, upstarts in the residential real-estate business have sought to displace or deprioritize the role of the broker.
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