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☆ Inside the island fortress of America's mega-billionaires
▼ + stars: | 2024-09-22 | by ( Guthrie Scrimgeour | ) www.businessinsider.com time to read: +21 min

An Israeli-designed radar system encircling the island can detect passersby, in low visibility, from half a mile away. Often described as "butlers with badges," the Indian Creek police force is unlike most of its counterparts. The Indian Creek radar can detect objects on the water and use artificial intelligence to classify them according to the risk they pose. With the new security system, the Indian Creek police appear to have turbocharged their enforcement of regulations in the surrounding waters. Properties in the neighborhood are also being bought up by opaquely named LLCs tied to Indian Creek residents.

Persons: —, I've, I'm, — they're, Norman Braman's, Tom Brady, Carl Icahn, Jeff Bezos, we've, Tiffany, William Henry Hoover, Frank Woolworth, Saratta, Gerardo Vildostegui, Vildostegui, it's, Irma Braman, Bernard Klepach —, Mike Bullman, Chandan Khanna, Justin Ross, who's, Ross, Gail Golden, Javier Holtz, Marko Gojanovic, Gojanovic, he's, Dina Goldentayer, Don Shula, opaquely, LLCs, Julio Iglesias, Surfside, Tim Will, Will, America's, Elon Musk, you'd, there's, Brian Daniel, Low, John Bernardo, Klepach, Guthrie Organizations: Public Space Research, City University of New, Indian, Jewish, Indian Creek Country, Security Solutions, Police, Getty, Biscayne, Indian Creek Police, Marquis Bank, Miami Dolphins, BI, CUNY Locations: Indian, Biscayne Bay, America, Miami, Qatar, Israeli, City University of New York, Florida, Surfside, Surfside's, York City, United Kingdom, Japan, Germany, India, stoke, Washington , DC

☆ Russia-Ukraine war: Putin signals he’s open to peace talks, but Ukraine is right to be wary
▼ + stars: | 2024-05-25 | by ( Nick Paton Walsh | ) edition.cnn.com time to read: +7 min

Eastern Ukraine CNN —Russian President Vladimir Putin’s signaling this week that he is open to peace talks should be viewed with vast, overshadowing caveats, and the weight of Ukraine’s - and the West’s - past experience of Russian diplomacy. Putin questioned the legitimacy of Ukraine’s President Volodymyr Zelensky, who Moscow has repeatedly assailed, after Kyiv had to delay elections because of the very war Putin started. Zelensky has said he hopes China - Russia’s most potent ally but only partial supporter in the Ukraine war - will attend. Putin may be talking peace now to suggest to Beijing to not be involved in diplomacy about Russia without Russia present. Valentyn Ogirenko/ReutersUkraine’s Foreign Minister, Dmytro Kuleba, said Friday that Putin’s hints at peace talks were directly aimed at sabotaging the summit.

Persons: Vladimir Putin’s, Putin, Moscow’s, Alexander Lukashenko, Volodymyr Zelensky, Viktor Yanukovich, Russian Yanukovich, Lukashenko, Tatyana Makeyeva, –, Zelensky, Valentyn Ogirenko, Dmytro Kuleba, “ Putin, Ukraine ”, MAGA, Dmitri Peskov, Donald Trump, ferociously Organizations: Eastern, Eastern Ukraine CNN —, Reuters, Belarus ’, Kremlin, Kyiv, European Union, NATO, Kharkiv, Reuters Ukraine’s Foreign, Ukraine, American, MAGA Republicans, Congress Locations: Eastern Ukraine, Moscow, Ukraine, Kharkiv, Russia, Istanbul, Kyiv, Donetsk, Belarus, Russian, Syria, Debaltseve, Switzerland, China, Beijing, Valentyn, West, Europe, United States, France, Baltic

☆ More Teams in March Madness? Say Goodbye to the Cinderella Stories.
▼ + stars: | 2024-03-22 | by ( Billy Witz | ) www.nytimes.com time to read: +1 min

Greg Sankey, the commissioner of the Southeastern Conference, is the ultimate soft power player. Instead, he speaks opaquely, often requiring something like a college sports Kremlinologist to interpret his intentions. constitution and scoffing out of existence the possibility that the SEC would be shut out of the football playoff last season. Recently, he teamed up with the Big Ten commissioner, Tony Petitti, to leverage a deal that will award their conferences about 60 percent of the television revenue for the 12-team College Football Playoff that begins next year, leaving crumbs for everyone else. So, when Sankey told ESPN this month that it was time to rethink the N.C.A.A.

Persons: Greg Sankey, coauthoring, Tony Petitti, Sankey Organizations: Southeastern Conference, SEC, Big, Football, ESPN Locations: Oklahoma, Texas

☆ OpenAI CEO Sam Altman went on an 18-month, $85 million real-estate shopping spree — including a previously unknown Hawaii estate
▼ + stars: | 2023-11-30 | by ( Katherine Long | Hugh Langley | ) www.businessinsider.com time to read: +11 min

AdvertisementYears before the recent drama at OpenAI turned CEO Sam Altman into a household name, the former Y Combinator president went on an extraordinary 18-month, $85 million real-estate shopping spree, according to records reviewed by Business Insider — including a previously unreported $43 million Hawaii estate on land that locals describe as historically significant. AdvertisementSam Altman's Hawaii estate is immediately adjacent to the reconstruction of the royal temple of King Kamehameha I. Maxar TechnologiesA $43 million estate in HawaiiIn July 2021, Altman bought a twelve-bedroom estate in Kailua-Kona, on the big island of Hawaii, for $43 million. Altman's purchase of the Hawaii property has not been previously reported. AdvertisementAnnie had been unaware that her oldest brother owned property in Hawaii until Business Insider asked her about it, she said. A $27 million San Francisco homeAltman's weekday residence is a home on San Francisco's Russian Hill that was once described — inaccurately — as the most expensive home in San Francisco.

Persons: Sam Altman, Altman, —, OpenAI, he's, He's, Sam Altman's, King Kamehameha I, King Kamehameha, Jennifer Serralta, Serralta, Jack, Max, — Sam Altman, Mark Zuckerberg, Larry Ellison, Marc Benioff, Jeff Bezos, Peter Thiel, Annie Altman, Annie, Sam's, Napa Altman, Cade Metz, Bob Dickinson Organizations: Service, Business, Bloomberg Tech Summit, Wall Street Journal, YouTube, Altman, LinkedIn, Apollo, Opportunity Fund, Silicon Valley, Business Insider, San, SEC, 9Point Ventures, Uncommon Ventures, New York Times, Capital Management, San Francisco Chronicle, New Yorker, Israeli Defense Force, Tesla Locations: San Francisco, Napa, Hawaii, Napa , California, Sam Altman's Hawaii, Kailua, Kona, wakesurfing, Kauai, Lanai, San, Russian, California, Hollywood, Big Sur

☆ How OpenAI so royally screwed up the Sam Altman firing
▼ + stars: | 2023-11-19 | by ( David Goldman | ) edition.cnn.com time to read: +8 min

A company’s board of directors has an obligation, first and foremost, to its shareholders. Strange board structureThe bizarre structure of OpenAI’s board complicated matters. And some, including former OpenAI board member Elon Musk, fear the technology will surpass humanity in intelligence and could wipe out life on the planet. Microsoft, despite its massive stake, does not hold an OpenAI board seat, because of the company’s strange structure. Alternatively, it could become a competitor to Altman, who may ultimately decide to start a new company and drain talent from OpenAI.

Persons: New York CNN —, Sam Altman, Altman, –, Bing, “, Kara Swisher, weren’t, Greg Brockman, Brockman, OpenAI, mulligan, Ilya Sutskever, they’re, Swisher, Elon Musk, Mark Zuckerberg, OpenAI’s, Satya Nadella Organizations: New, New York CNN, Microsoft, Altman, Co, Office, Google, Amazon, IBM, Economic, Twitter, Wall Street, New York Times Locations: New York, Silicon Valley, Bing

☆ Open-source software braces for trade war
▼ + stars: | 2023-02-27 | by ( Pete Sweeney | Thomson Reuters | Asia Economics Editor Pete Sweeney Joined Reuters Breakingviews In Hong Kong In September Previously He Served As Reuters' Chief Correspondent For China Economy | ) www.reuters.com time to read: +6 min

HONG KONG, Feb 27 (Reuters Breakingviews) - The open-source software movement has been an unprecedented driver of global innovation and productivity growth. As with most Chinese handset makers, founder Ren Zhengfei relied on Android’s open-source code to run his company’s smartphones. Beijing has reciprocated, per a Nikkei report, by instructing its own tech companies not to incorporate ChatGPT into their platforms - a rare example of a mutual firewall. Dividing the world into competing open-source camps would mark another reverse for free trade. Follow @petesweeneypro on TwitterCONTEXT NEWSRegulators have told major Chinese tech companies not to offer ChatGPT services, the Nikkei news service reported on Feb. 22 citing sources with direct knowledge, causing shares in Chinese companies building chatbots to fall.

☆ Larry Page, Sergey Brin Post-Google Lives: Investments, Yachts, Islands
▼ + stars: | 2022-12-11 | by ( Hugh Langley | Rob Price | ) www.businessinsider.com time to read: +33 min

Even before their retirement from Google, Page and Brin relied heavily on their respective family offices to bring order to their worlds. The Bay Area headquarters of Koop, Larry Page's family office, is nondescript and gives little indication of the billionaire's empire. Insider; Marianne Ayala/Insider Show less Bayshore Global Management, Sergey Brin's family office, is based in Palo Alto and has a bit more of a public face. Insider; Marianne Ayala/Insider Show lessThe difference in styles holds true for Brin's family office, Bayshore Global Management. The CEO of Page's family office is Wayne Osborne, a former elder in the Presbyterian Church who attended Princeton Theological Seminary.

☆ On China's internet, only plaudits for the party and Xi
▼ + stars: | 2022-10-24 | by ( Eduardo Baptista | ) www.reuters.com time to read: +3 min

BEIJING, Oct 24 (Reuters) - While financial markets judged the outcome of China's Communist Party Congress harshly on Monday, on China's internet the only permitted response has been full-throated support. But no such reaction was visible on China's internet, which was already heavily policed and saw a tightening up of censorship before and during the Congress, analysts said. Some social media users voiced criticism in opaquely written posts. State and party groups across China, meanwhile, promoted the Congress energetically in their online postings, highlighting praise for Xi and the outcome of the party's deliberations. Hashtags for state media congress coverage dominated the top of Weibo's viral topics list.

☆ Are ESG ETFs a gimmick? The debate surrounding the transparency and social agendas of sustainable investing
▼ + stars: | 2022-10-08 | by ( Noah Sheidlower | ) www.cnbc.com time to read: +6 min

"What ESG investing is, is very simply put, an incorporation of publicly available data into investment processes," Noack said. Small but controversialSome investors like Noack have pointed out that debates surrounding ESG investing may be getting more attention than they deserve. However, grouping all ESG funds into one classification is too wide-ranging, Todd Rosenbluth, head of research at VettaFi, said in the same segment. The SPDR S&P 500 ESG ETF (EFIV) tracks an index designed to select S&P 500 companies meeting ESG criteria, while the Xtrackers MSCI USA ESG Leaders Equity ETF (USSG) corresponds to the performance of its underlying index. The Xtrackers S&P 500 ESG ETF (SNPE) , for instance, doesn't target the 25% worst S&P 500 companies from an ESG perspective of each industry group.

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