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☆ Poland says it will bid to hold Olympics in 2036
▼ + stars: | 2023-09-27 | by ( ) www.reuters.com time to read: +2 min

Poland, which hosted the multi-sports European Games this summer in Krakow and Malopolska, has never hosted an Olympic Games, summer or winter. The International Olympic Committee has awarded the 2032 Games to Brisbane, while there are already several interested potential candidates for the 2036 Games. "From everything the EOC saw there, Poland is well qualified to host the Olympic Games too," Arat said. The IOC usually awards the summer Olympics at least seven years in advance. Paris will host next year's summer Games while Los Angeles will stage the 2028 Games.

Persons: Henryk Reyman, Sarah Meyssonnier, Andrzej Duda, Hasan Arat, Arat, Alan Charlish, Pawel, Karolos Grohmann, Sharon Singleton Organizations: European Games REUTERS, Rights, Olympic Games, Polish Olympic, Sport, Games, Olympic, European Olympic, European Games, Olympics, IOC, Thomson Locations: Krakow, Poland, Indonesia, Mexico, India, Malopolska, Zakopane, Brisbane, Turkey, Hungary, Gulf, Paris, Los Angeles

[1/4] Bening Widayati, 40, sells clothes live on a social media platform inside her stall at the International Trade Center (ITC) mall in Jakarta, Indonesia, September 27, 2023. The government said the move, which takes effect immediately, is aimed at protecting offline merchants and marketplaces, adding that predatory pricing on social media platforms is threatening small and medium-sized enterprises. The move comes just three months after TikTok pledged to invest billion of dollars in Southeast Asia, mainly in Indonesia, over the next few years in a major push to build its e-commerce platform TikTok Shop. He warned of letting social media become an e-commerce platform, shop, and bank all at the same time. Indonesia Deputy Trade Minister Jerry Sambuaga earlier this month named TikTok's live streaming features as an example of people selling goods on social media.

Persons: Widayati, Willy Kurniawan, TikTok, China's ByteDance, Zulkifli Hasan, Zulkifli, Jerry Sambuaga, Fahmi, Edri, Dewi Kurniawati, Stefanno Sulaiman, Fransiska Nangoy, Stanley Widianto, Johan Purnomo, Kanupriya Kapoor, Alexandra Hudson, Miyoung Kim, Mark Porter Organizations: International Trade Center, REUTERS, Indonesia Trade, Wednesday, Reuters, Indonesia Deputy Trade, Research, BMI, HK, Lazada, Momentum Works, Thomson Locations: Jakarta, Indonesia, Southeast Asia, JAKARTA, Shop, TikTok, Europe, United States

☆ Indonesia bans e-commerce transactions on social media in major blow to TikTok
▼ + stars: | 2023-09-27 | by ( ) edition.cnn.com time to read: +3 min

Jakarta Reuters —Indonesia has banned e-commerce transactions on social media platforms, the trade minister said on Wednesday, in a blow to short video app TikTok, which is doubling down on Southeast Asia’s biggest economy to boost its e-commerce business. TikTok, owned by China’s ByteDance, has 125 million active monthly users in Indonesia and has been looking to translate the large user base into a major e-commerce revenue source. He warned of letting social media become an e-commerce platform, shop and bank all at the same time. Indonesia Deputy Trade Minister Jerry Sambuaga earlier this month named TikTok’s live streaming features as an example of people selling goods on social media. E-commerce transactions in Indonesia amounted to nearly $52 billion last year and of that, 5% took place on TikTok, according to data from consultancy Momentum Works.

Persons: TikTok, China’s ByteDance, “, Zulkifli Hasan, Zulkifli, Jerry Sambuaga, Sea’s Shopee, Fahmi, ” Organizations: Jakarta Reuters —, Indonesia Trade, Wednesday, Reuters, Indonesia Deputy Trade, Research, BMI, Momentum Works Locations: Jakarta, Jakarta Reuters — Indonesia, Southeast Asia, Indonesia, Shop, TikTok, Europe, United States

☆ Indonesia to ban purchases on social media like TikTok, says it will further regulate e-commerce
▼ + stars: | 2023-09-27 | by ( Sheila Chiang | ) www.cnbc.com time to read: +1 min

Indonesia's ministry of trade said Tuesday it is working to further regulate e-commerce, adding that the country does not allow transactions on social media platforms. "One of the things that is regulated is that the government only allows social media to be used to facilitate promotions, not for transactions," the ministry said in an official release. The government said it will also bar social media companies from doubling as e-commerce platforms to prevent misuse of public data. Indonesia also said it would also regulate which overseas goods can be sold, adding these products would receive the same treatment as offline domestic goods. The move comes as foreign goods become increasingly available in Indonesia through social media platforms.

Persons: Zulkifli Hasan Organizations: Facebook Locations: Indonesia

☆ An OpenAI staffer who had 'personal, emotional' conversations with ChatGPT has sparked a massive debate about using AI chatbots for therapy
▼ + stars: | 2023-09-27 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +5 min

On Tuesday, Lilian Weng, head of safety systems at OpenAI, wrote on X that she "just had a quite emotional, personal conversation" with ChatGPT in voice mode. Try it especially if you usually just use it as a productivity tool," Weng wrote. AdvertisementAdvertisementJust had a quite emotional, personal conversation w/ ChatGPT in voice mode, talking about stress, work-life balance. OpenAI and Weng did not immediately respond to Insider's request for comment made outside of normal working hours. Mehtab Khan, fellow at Harvard University's Berkman Klein Center for Internet & Society, described Weng's post as "a dangerous characterization of an AI tool, and also yet another example of anthropomorphizing AI without thinking about how existing rules apply/don't apply."

Persons: it's, —, OpenAI, Lilian Weng, Weng, 9S97LPvBoS — Lilian Weng, Greg Brockman, chatbots, Gebru, Eliza, Joseph Weizenbaum, ELIZA chatbot, Eliza wasn't, Tom Insel, Margaret Mitchell, OpenAI's Weng, Khan, Harvard University's Berkman Klein Organizations: Service, MIT, Google, Harvard, Harvard University's Berkman Klein Center, Internet & Society Locations: OpenAI

☆ More than 100 dead, 150 injured in fire at Iraq wedding party
▼ + stars: | 2023-09-26 | by ( Timour Azhari | ) www.reuters.com time to read: +1 min

NINEVEH, Iraq, Sept 27 (Reuters) - More than 100 people were killed and 150 were injured in a fire at a wedding party in Hamdaniya district in Iraq's Nineveh province that left civil defence searching the charred skeleton of a building for survivors into the early hours of Wednesday. Nineveh Deputy Governor Hasan al-Allaq told Reuters that 113 people had been confirmed dead, with state media putting the death toll at at least 100, with 150 injured. The fire ripped through a large events hall in the north-eastern region after fireworks were lit during the celebration, local civil defence said, according to state media. Preliminary information indicated that the building was made of highly flammable construction materials, contributing to its rapid collapse, state media said. Ambulances and medical crews were dispatched to the site by federal Iraqi authorities and Iraq's semi-autonomous Kurdistan region, according to official statements.

Persons: Hasan al, Allaq, Timour Azhari, Enas, Sonali Paul, Jacqueline Wong Organizations: Reuters, Thomson Locations: NINEVEH, Iraq, Hamdaniya district, Iraq's Nineveh, Nineveh, Kurdistan, Baghdad, Cairo

☆ Apple's revenue from products made in China could plummet to less than a third in the next five years, a top investor says
▼ + stars: | 2023-09-26 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +2 min

Apple has become a revenue-generating machine thanks in large part to products made in China. Apple's revenue from products made in China could drop to less than a third of overall revenue. AdvertisementAdvertisementApple's dependence on China for manufacturing could drastically drop within the next five years, with revenue from products manufactured in the country projected to plummet to less than a third, analysts said. Deepwater Asset Management's managing partner Gene Munster and research analyst Brian Baker predicted on Monday that revenue from Apple products manufactured in China could drop from an estimated 40-45% today to 25-30% by 2027. AdvertisementAdvertisementIndia increasingly looks like it will provide that alternative, Munster and Baker said, with around half of the revenue projected to be lost from products manufactured in China estimated to go to the sub-continent state.

Persons: —, Gene Munster, Brian Baker, Luxshare, Baker, Muster Organizations: Apple, Service, Asset, Munster, Huawei Locations: China, Beijing, Washington, India

☆ Amazon spreads its AI bets with $4 billion investment into OpenAI rival Anthropic
▼ + stars: | 2023-09-25 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +2 min

Amazon plans to invest $4 billion in AI startup Anthropic, the firm announced Monday. The move gives Amazon a stake in a foundational AI company to compete with Microsoft and Google. Anthropic, which bills itself as an "AI safety and research company," was founded in 2021 by former employees of OpenAI . AdvertisementAdvertisementThe investment by Amazon marks ongoing competition in the AI wars , as major companies take bets on emerging, cutting-edge startups. Amazon said that AWS customers will be able to gain access to Anthropic's technology, with Anthropic set to provide "early access to unique features" around customization and fine-tuning capabilities.

Persons: Anthropic, Claude, OpenAI, Andy Jassy Organizations: Amazon, Microsoft, Google, Service Locations: Wall, Silicon, Anthropic, OpenAI

☆ Why Amazon's $4 billion AI startup bet has 'predator moves' against Microsoft and Google written all over it
▼ + stars: | 2023-09-25 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +3 min

Amazon plans to invest $4 billion in AI startup Anthropic, the firm announced Monday. The move gives Amazon a stake in a foundational AI company to compete with Microsoft and Google. Conor Grennan, dean of students and head of generative AI at NYU Stern, wrote in a LinkedIn post that "this Anthropic deal has predator moves against Microsoft and Google written all over it." Google invested $300M months ago & Anthrophic should have used GCP as their preferred cloud provider. Instead:"Anthropic selects AWS as its primary cloud provider."

Persons: Anthropic, Claude, —, OpenAI, Conor Grennan, Grennan, Gergely Orosz, GCP, NYU Stern's Grennan Organizations: Amazon, Microsoft, Google, Service, NYU Stern, Nvidia, Alexa, GCP, NYU, AWS Locations: Anthropic, OpenAI

☆ ChatGPT can now talk back to you with an eerily human-like voice
▼ + stars: | 2023-09-25 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +3 min

OpenAI is introducing a new feature that gives the chatbot a voice to respond to you with audio. "Voice chat was created with voice actors we have directly worked with. The bid to make chatbots more human-like comes as companies seek to transform generative AI technology into useful tools that act as personal assistants for users. ChatGPT will also have a new feature that allows it to "see," with users able to show ChatGPT what they're talking about by showing them images. "Voice and image give you more ways to use ChatGPT in your life," OpenAI said.

Persons: —, Joanna Stern, OpenAI, We're, Siri Organizations: Service, Apple Locations: Wall, Silicon, Ember

☆ Saudi Arabia and the UAE are battling to become the Middle East's economic superpower
▼ + stars: | 2023-09-24 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +11 min

Saudi Arabia's crown prince is shaking up his economy in a move escalating its UAE rivalry. In March, Saudi Arabia unveiled Riyadh Air , a new airline serving as an alternative to the UAE's Emirates and Etihad Airways. If you want to do business with Saudi Arabia or Saudi state-owned entities, you've got to base your regional HQ in Saudi Arabia." "Saudi Arabia sees the separation project in Yemen as a way to let the Houthis control the north and therefore have a more-threatening border at the south of Saudi Arabia." Bandar Algaloud/Courtesy of Saudi Royal Court/Handout via REUTERSHow far the rivalry between the two nations goes largely depends on Saudi Arabia's actions.

Persons: Saudi Arabia's, Mohammed bin Salman, Sheikh Mohamed bin Zayed Al Nahyan, MBZ, Obama, You've, Kristian Ulrichsen, Rice, Sheikh Mohamed, Prince Mohammed, Sheikh Mohamed —, —, Leon Neal, Shaybah, Ulrichsen, Sheikh Zayed, Sultan Al Nahyan, Abu, Prince Mohammed bin Salman, Neom, Abishur Prakash, Jorg Greuel, Abdullah Alaoudh, Prakash, you've, Saudi Crown Prince Mohammed, Ludovic Marin, Mohammed's, Jamal Khashoggi, Biden, Baker Institute's Ulrichsen, Alaoudh, wouldn't Organizations: United Arab Emirates, UAE, Service, Baker Institute, Saudi, UAE —, Qatar, Dubai, United, Freedom Initiative, UAE's Emirates, Etihad Airways, Saudi Public Investment Fund, Newcastle United FC, English Premier League, Manchester City, Saudi Crown, Getty, Ritz Carlton, Saudi Royal Court, REUTERS, Saudi Aramco, United Nations Locations: Saudi, Wall, Silicon, Saudi Arabia, East, Washington, London, UAE, Persian, Al Ain, British, Qatar, Abu Dhabi, United Arab, Riyadh, Manchester City . Saudi Arabia, New Delhi, Istanbul, Yemen, Iran, Saudi Arabia's, Bandar, Ukraine

☆ Microsoft's $68.7 billion Activision acquisition clears key hurdle after UK regulator provisionally approves deal
▼ + stars: | 2023-09-22 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +3 min

The CMA provisionally greenlit Microsoft's acquisition of the "Call of Duty" developer. It comes after a lengthy period in which the deal was threatened because of competition concerns. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. The CMA will conduct a consultation until October 6, before the acquisition agreement expires on October 18. Activision said in a statement issued to Insider, "The CMA's preliminary approval is great news for our future with Microsoft."

Persons: Activision Blizzard, Sarah Cardell, Brad Smith, We're Organizations: Microsoft, Activision Blizzard, CMA, Service, Activision, Markets, Ubisoft, Cloud Gaming Locations: Wall, Silicon

☆ Why Hasan Minhaj’s fabrications could invalidate real accounts of racism and Islamophobia
▼ + stars: | 2023-09-21 | by ( Brahmjot Kaur | ) www.cnbc.com time to read: +7 min

Many are saying they are worried Minhaj's fabrications could invalidate people's accounts of actual racism and Islamophobia. People can stereotype and say, 'Oh, look, that South Asian comedian lied. Vishal Kalyanasundaram, a South Asian comedian, said he can understand the backlash but believes it shouldn't be such a big deal. "Just because he's South Asian doesn't mean he's the golden child and the voice for our people. Nylah Burton, a freelance journalist, also defended Minhaj, recognizing that the comedy industry is difficult to break into, especially for a South Asian Muslim comedian.

Persons: Hasan Minhaj, Lakshmi Srinivas, Minhaj, Brother Eric, Srinivas, He's, Sarah Suzuki Harvard, Harvard, Vishal Kalyanasundaram, it's, Kalyanasundaram, Nylah Burton Organizations: University of Massachusetts, Yorker, Netflix, NBC Asian, NBC News, FBI, Hollywood, NBC, Harvard, Twitter Locations: Boston, NBC Asian America, Asian

☆ This storm chaser captures stunning photographs of extreme weather
▼ + stars: | 2023-09-20 | by ( Nadia Leigh-Hewitson | ) edition.cnn.com time to read: +5 min

Ad FeedbackThough she is an accountant by trade, Sarah Hasan Al-Sayegh calls herself the first Kuwaiti-Arab female storm chaser. “Storm chasing made me see the world more,” she says. Al-Sayegh recalls that on May 31, 2016, she and fellow storm chaser Mike Olbinski came across a huge storm structure near Lamesa, Texas. She now hopes to expand her meteorological knowledge and raise awareness around climate change. “I just hope to be able to put that message to everybody through my photography and through my storm chasing,” Al-Sayegh says.

Persons: Sarah Hasan Al, Sayegh, ”, “, sandstorms, Storm Daniel, Mike Olbinski, “ Don’t, ” Al Organizations: CNN, UN, United Arab, Kuwait City Locations: Kuwaiti, Kuwait, East, North Africa, Iran, Iraq, Syria, Dubai, Libya, Saudi Arabia, United Arab Emirates, Qatar, Al, Lamesa , Texas, Gulf

☆ China's Huawei borrowed a trick from its rival Apple by designing its own processors for new superfast smartphone, report says
▼ + stars: | 2023-09-20 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +2 min

Huawei used its own chip designs for its new 5G smartphone, The FT reported. It's a sign that the Chinese firm can implement its own designs in the same way as Apple. Huawei's phone led to panic in Washington amid fears over the effectiveness of China's export controls. The findings suggest a significant step forward in technical capabilities for Huawei as it begins to implement its own chip designs in smartphones in much the same way Western smartphone makers such as Apple have done for years. There are questions, though, about how successful Huawei would be in scaling the production of smartphones with advanced chips.

Persons: Gina Raimondo Organizations: Huawei, FT, Apple, Service, ARM, Financial Times, US government's Commerce Department, Semiconductor Manufacturing International Corp, Bloomberg, Reuters Locations: Washington, Wall, Silicon, China

☆ Elon Musk denied a report that Tesla planned to build a factory in Saudi Arabia. It's the latest development in his complicated history with the nation.
▼ + stars: | 2023-09-20 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +8 min

Elon Musk has denied a report suggesting Tesla has plans to set up a factory in Saudi Arabia. It marks the latest twist in a long and complex history between Musk and Saudi Arabia. "Obviously, the Saudi sovereign fund has more than enough capital needed to execute on such a transaction." Funding secured. Funding secured."

Persons: Elon Musk, Tesla, Musk, — Elon, Yasir al, hadn't, Jty05oJUTk, Saudi Prince Alwaleed bin Talal, Yasir Organizations: Street Journal, Service, Wall, Journal, Democratic, Saudi, Public Investment Fund, Tesla, New York Times, Lucid Motors, JPMorgan, Financial Times, Lucid, @elonmusk, Twitter, Kingdom Holding Co, Reuters, Bloomberg Locations: Saudi Arabia, Wall, Silicon, Democratic Republic of the Congo, Saudi, Here's, Tesla, Saudi Prince, San Francisco

☆ Lying in Comedy Isn’t Always Wrong, but Hasan Minhaj Crossed a Line
▼ + stars: | 2023-09-20 | by ( Jason Zinoman | More About Jason Zinoman | ) www.nytimes.com time to read: +2 min

All artists teach their audience how to view them, by the way they tell jokes, their style, the level of absurdity. What makes Hasan Minhaj such a troubling example is that his style, onstage and often off in interviews, suggested we should believe him. Lying in comedy isn’t necessarily wrong. The problem with only considering the standard of emotional truth is that it can blind you to the impact on the actual world outside your emotions. You could say that the emotional truth behind the Patriot Act was that the terrorism of Sept. 11 required extreme tactics to feel safe, but that doesn’t make the legislation right.

Persons: Taylor Tomlinson, Kate Berlant, Hasan, Minhaj, didn’t, ”, It’s Organizations: Patriot

☆ Massive LLMs like Google's forthcoming Gemini could be a rare breed as generative AI enters a downsizing period
▼ + stars: | 2023-09-18 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +3 min

Google is preparing to release a massive LLM called Gemini. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. It's a release that may become an exceedingly rare occurrence since the AI sector is gearing up for a significant downsizing period. To date, the generative AI boom has been driven by algorithms known as large language models (LLMs). GPT-4, the latest AI model from the ChatGPT creator , is thought to be trained on more than a trillion bits of data known as tokens.

Persons: OpenAI's, They're, Sam Altman, it's, Altman, Ebtesam Almazrouei, Almazrouei's Abu Organizations: Google, Service, WIRED, Technology, Cross Center Unit Locations: Wall, Silicon, Almazrouei's Abu Dhabi

☆ Nvidia has a stranglehold on AI companies as a chip shortage begins to bite. This rival CEO is eager to offer an alternative.
▼ + stars: | 2023-09-15 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +4 min

Nvidia's GPUs have become a vital resource in the race to develop AI models like GPT-4. Huge demand for GPUs has created a shortage that risks stunting AI development. In other words, Nvidia has a stranglehold on companies looking to accelerate the development of their AI models in ways that could revolutionize how the entire economy operates. AdvertisementAdvertisementHaving a more advanced bit of hardware isn't enough to pry companies away from Nvidia. It's also working on its own software, known as Poplar, to offer that same kind of plug-and-play usability as Nvidia.

Persons: Nigel Toon, Google's Bard, Jensen Huang, Graphcore, Toon, It's, we'll, they'll Organizations: Service, Nvidia, Sequoia Locations: Wall, Silicon, Graphcore, China

☆ Bangladesh upset India despite Gill ton
▼ + stars: | 2023-09-15 | by ( ) www.reuters.com time to read: +1 min

Put into bat, Bangladesh overcame a top order wobble to post a competitive 265-8 with skipper Shakib Al Hasan topscoring for his side with a breezy 80. After Rohit Sharma elected to field, Bangladesh slumped to 59-4 before Shakib and Towhid Hridoy (54) steadied the ship. When they returned to defend the total, Tanzim Hasan Shakib claimed two wickets in his first two overs in international cricket to put India immediately under pressure. While wickets kept tumbling at one end, Gill stood tall amid ruins to keep India in the hunt. Mahedi Hasan ended Gill's 133-ball knock but Axar kept India on course until his dismissal in the penultimate over.

Persons: Shakib Al Hasan topscoring, Gill, Axar Patel, Virat Kohli, Jasprit, Kuldeep Yadav, Rohit Sharma, Towhid Hridoy, Nasum Ahmed, Mahedi Hasan, Tanzim Hasan Shakib, Axar, Amlan Chakraborty, Pritha Sarkar Organizations: Sri, Thomson Locations: COLOMBO, Bangladesh, Asia, India, Sri Lanka, Sunday's, New Delhi

☆ LinkedIn cofounder Reid Hoffman thinks pausing AI development is 'foolish' and 'anti-humanist'
▼ + stars: | 2023-09-14 | by ( Sawdah Bhaimiya | Hasan Chowdhury | ) www.businessinsider.com time to read: +3 min

Reid Hoffman dismissed efforts to pause AI development in an interview at CogX Festival. Hoffman compared the development of AI to cars which also posed many risks and dangers at first. Hoffman pointed to other powerful technologies built in the past as an example of why the letter didn't have a logical basis. AdvertisementAdvertisement"When we built the car, we didn't know about safety belts, we didn't know about window washers, we didn't know about the crumple zone," Hoffman told the audience. Experts are divided on their opinions about the rapid development of AI.

Persons: Reid Hoffman, Elon, Hoffman, Elon Musk, Steve Wozniak, Pinterest, Evan Sharp, Emad Mostaque, we'd, Eliezer Yudkowsky Organizations: CogX, Service, Apple, Greylock Partners Locations: Wall, Silicon, London, OpenAI

☆ All eyes are on ARM as the chipmaker prepares to start trading in 2023's biggest IPO. It will be a massive test of confidence in the AI boom.
▼ + stars: | 2023-09-14 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +3 min

ARM is set to return to the public markets with a massive IPO on Thursday. The SoftBank-owned chip designer has built its success offering designs to smartphone makers. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. The chip designer, which has been privately owned since being bought for $32 billion by Japanese conglomerate SoftBank in 2016, has priced its shares at $51 . However, a slowdown in the smartphone market, where growth has become increasingly stagnant in recent years, has led ARM to explore new growth opportunities.

Persons: Masayoshi Son Organizations: Service, ARM, NASDAQ, Apple, SEC, Nvidia Locations: Wall, Silicon, Cambridge

CNN —The Taliban has welcomed Zhao Sheng as China’s new ambassador to Afghanistan during a lavish ceremony held at the presidential palace in Kabul on Wednesday. China is among a handful of countries, including Pakistan, Iran and Russia that have maintained a diplomatic presence in Afghanistan since the Taliban retook control of the country in 2021. In the palace ceremony, Taliban Prime Minister Mohammad Hasan Akhund shook hands with Zhao and “accepted the credentials of the new Chinese Ambassador,” the prime minister’s office said on X, formerly known as Twitter. China’s Ministry of Foreign Affairs said in a statement the appointment was the “normal rotation of China’s ambassador to Afghanistan” and was “intended to continue advancing dialogue and cooperation” between the two countries, according to Reuters. The ministry said, “China’s policy toward Afghanistan is clear and consistent.”CNN has reached out to China’s Ministry of Foreign Affairs.

Persons: Zhao Sheng, Mohammad Hasan Akhund, Zhao, “, Mr Zhao Sheng, Zabiullah Mujahid, ”, Mujahid, Afghanistan ”, Qin Gang Organizations: CNN, Taliban, Honorable, China’s Ministry of Foreign Affairs, Reuters, Pakistan Economic Locations: Afghanistan, Kabul, Wednesday, China, Pakistan, Iran, Russia, China’s, Islamabad, Xinjiang

☆ Elon Musk has been a sleep-deprived, workaholic since starting his first business. Those habits set the stage for a bitter RTO battle among CEOs.
▼ + stars: | 2023-09-12 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +4 min

Elon Musk has been a workaholic since at least 1995. Musk's obsession with work has set a precedent for CEOs who are aggressively enforcing RTO policies. AdvertisementAdvertisementJim Ambras, an early employee at Zip2, recalled that Elon Musk had no pillow or sleeping bag. This kind of approach to work has stayed with Elon Musk throughout his career. AdvertisementAdvertisementMany of Elon Musk's and other CEOs' employees excel in their roles but have little interest in pursuing a workaholic, "hardcore" lifestyle.

Persons: Elon Musk, Kimbal, Walter Isaacson, Zip2, Elon Musk's, Isaacson, Jim Ambras, Mohr, Goldman Sachs, David Solomon Organizations: Service, YMCA, Elon, Mohr Davidow Ventures, Twitter, Wall Street Locations: Wall, Silicon, Palo Alto, Zip2

☆ Customer data, transactions, financials: Still reeling from the market implosion, VCs are demanding to see numbers to back up founder pitches
▼ + stars: | 2023-09-12 | by ( Darius Rafieyan | Melia Russell | ) www.businessinsider.com time to read: +7 min

Founders say VCs are increasingly demanding detailed data and visibility into their startups before considering a deal. But some in the industry say that for early stage startups, a reliance on data can create an illusion of certainty. Half a dozen early stage startup founders tell Insider that gone are the days when a good idea and flashy pitch deck were enough to close a deal. He described it as looking for "the golden playbook for investing in early stage startups." For his part Hasan says that when speaking to potential investors, he views an obsession with financials and data as a red flag.

Persons: Miguel Guerrero, Guerrero, He's, Fahad Hassan, Hasan, Keyvan Firouzi, Firouzi, Jason Calacanis, it's, Dorothee Grant, Avante Price, James Cham, Cham, Hassan Organizations: IRL, Activant, Stanford, Carta, Investors, Bloomberg Beta Locations: New York

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