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Desmond Lachman, a former IMF deputy director, says there are "plenty of reasons to worry" about the US economy in the months ahead. Another risk is the prospect of a second Trump presidency, given his proposed policies around tariffs and taxes, Lachman said. Advertisement"There are a huge number of risks," Lachman said. "The Fed could cut interest rates midmeeting but that would be because the sky was falling. But if the sky is not falling, the Fed doesn't want to give the impression that the sky is falling," Lachman said.
Persons: Desmond Lachman, Lachman —, Lachman, Trump, , France Organizations: Service, Business, Lachman, American Enterprise Institute, AEI, Trump, EU Locations: China, Israel, Gaza, Lebanon, Palestine, Iran, France, Italy, Europe
We found one long-slot toaster represented the best value and the best toasting performance: the Breville "A Bit More" Toaster. Breville 'A Bit More' Long Slot Toaster The Breville “A Bit More” Long Slot Toaster is a modern and thoughtfully designed, high-performance appliance with easy cleanup and user-friendly controls. Check price at Amazon Check price at Crate & Barrel Check price at Williams Sonoma What we like Check mark icon A check mark. AdvertisementCons to considerIf you're in the market for a top-quality slot toaster, it's hard to find any criticisms of the Breville "A Bit More" Toaster. Taylor Tobin/Business InsiderBetween its remarkably even toasting abilities, modern design, and helpful special features, the Breville "A Bit More" Toaster represents the absolute best of the slot toaster field.
Persons: who's, thoughtfully, you'll, Taylor Tobin, There's Organizations: Business, Amazon, Williams
Sweden’s economy has, in many ways, suffered from the same tribulations as the rest of Europe: recent bouts of crushing inflation and recession, and now the prospect of meager growth in a world split by geopolitical and economic conflict. Nevertheless, this tiny Nordic country has a roster of high-tech entrepreneurs that is the envy of its neighbors. Klarna, a financial tech firm, and King Digital Entertainment, the maker of the video game juggernaut Candy Crush, are other examples of homegrown tech powerhouses. “They have something — particularly in the tech sector — which other European countries do not really have to the same extent,” said Jacob Kirkegaard, a senior fellow at the German Marshall Fund. That entrepreneurial track record has been attracting renewed attention at a time when anxieties are mounting about Europe’s ability to compete with American and Chinese advancements in high technology.
Persons: Candy, , Jacob Kirkegaard Organizations: Spotify, Skype, King Digital Entertainment, German Marshall Fund Locations: Europe
CNN —Israeli Prime Minister Benjamin Netanyahu lambasted his Defense Minister Yoav Gallant on Monday and accused him of adopting an “anti-Israel narrative,” revealing a deep rupture at the top of the Israeli government as the Middle East risks spiraling into a full-scale regional conflict. “When Gallant adopts the anti-Israel narrative, he harms the chances of reaching a hostage deal,” the prime minister’s office said in a statement. Critics have accused Netanyahu of being more interested in defeating Hamas and preserving his government than returning the hostages. He has previously called on Netanyahu to declare that Israel would not establish civilian or military control over Gaza, although the prime minister has remained vague on his plans for the “day after” the war. “The conditions today for a Lebanon war are the opposite of what they were at the beginning of the war,” Gallant reportedly told lawmakers.
Persons: Benjamin Netanyahu, Yoav Gallant, Gallant, , Saul Loeb, Ismail Haniyeh, Fu’ad Shukr, Haniyeh’s, Haniyeh, Netanyahu, , Joe Biden, ” Gallant, Yahya, Sinwar, Daniel Hagari, Organizations: CNN, Israeli, US State Department, Getty Images, Qatari, ” CNN, American Enterprise, Institute for Locations: Israel, Gaza, Iran, Lebanon, United States, Washington ,, Getty Images Iran, Tehran, Beirut, of Israel, Egypt, Qatar, Cairo, Doha
In conversations with nearly a dozen Democratic lawmakers and candidates running in competitive races across the country, a common theme emerged. Tim Walz, Democrats have felt a tangible bump of energy in their districts, through spikes in volunteers, donations and event turnout. Rep. Chris Deluzio, who supports Harris, told CNN he was glad to see that she has moved away from her previous position on fracking. The Republican campaign arm has seized on some of her past positions from his first presidential run, including fracking, as they’ve attempted to develop a strategy to target Democrats in tough races. Brendan Smialowski/AFP/Getty ImagesWalz serves ‘meat-and-potatoes’ politicsIn selecting Walz, the Harris campaign provided many down ballot Democrats running in competitive races with a welcomed partner.
Persons: Susie Lee of, Lee, Kamala Harris, ” Lee, Harris, , Tim Walz, Kirsten Engel, Caitlin O'Hara, ” Engel, Trump, Biden, , Joe Biden, Chris Deluzio, “ I’m, hasn’t, Rudy Salas, David Valadao, Irfan Khan, Will Rollins, Ken Calvert of, Rollins, Harris ’, ” Rollins, “ It’s, Brendan Smialowski, Getty Images Walz, Walz, Ann Kuster, ” Kuster, Tim, Vicente Gonzalez, Donald Trump’s, Ohio Sen, JD Vance, Biden’s, Jahana Hayes, Hayes, Sue Altman, Thomas Kean Jr, ” Altman, wasn’t, Rosa Parks, Martin Luther King Jr, “ We’ve Organizations: CNN — Democratic, Democratic, CNN, Representatives, Nevada Democrat, Minnesota Gov, Bloomberg, Getty, Republican, Democrat, Republican US, Los Angeles Times, GOP, Getty Images, Minnesota, Republicans, , Vicente Gonzalez of Texas, Ohio, Army National Guard, Democratic Rep, Trump, Democratic House Locations: Susie Lee of Nevada, Nevada, Arizona, Phoenix , Arizona, Lee, Mexico, Pennsylvania, Bakersfield , California, Harris, California, Salinas, Ken Calvert of California, University's, Philadelphia , Pennsylvania, AFP, , New Hampshire, Vicente Gonzalez of, Iraq, Jahana Hayes of Connecticut, New Jersey, Alabama, Montgomery
Image Smoke billowing after an Israeli airstrike on Khan Younis in the southern Gaza Strip on Sunday. In a statement on Sunday, the group said it objected to “more rounds of negotiations” and the introduction of any new proposals or conditions. Officials in Gaza said over the weekend that dozens of people had been killed in Israel’s strike on the school compound. The authorities in Gaza do not distinguish between combatants and civilians in reporting death tolls. Israel’s political and military leaders have argued that it is essential to keep up the military pressure on Hamas, to force it to come to terms on a cease-fire deal.
Persons: Biden, Khan Younis, Bashar Taleb, Abdel Fattah el, Sheikh Tamim bin Hamad, Israel, Benjamin Netanyahu, Netanyahu, Tisha B’Av Organizations: Lebanese Hezbollah, ., Agence France, Getty Locations: Beirut, Tehran, Israel, Iran, Gaza, Egypt, Qatar, Thani, Cairo, Doha, Jerusalem, Aqsa
It’s hard to condense a two-week period as jam-packed with memorable moments as these incredible Paris Olympics, but this is our best attempt. Bronze medalist Noah Lyles of Team United States reacts after competing in the Men's 200m Final on day thirteen of the Olympic Games Paris 2024 at Stade de France. Athletes dive into the Seine river to start the swimming stage of the men's individual triathlon at the Paris 2024 Olympic Games in central Paris on July 31, 2024. But Paris 2024 organizers insisted the water quality in the Seine was at a “very good” level on the morning of the individual triathlons. US' Cole Hocker crosses the finish line to win the men's 1500m final of the athletics event ahead of US' Yared Nuguse at the Paris 2024 Olympic Games.
Persons: Paris CNN —, Simone Biles, Biles, CNN Sport’s Coy Wire, ” Biles, , , Imane Khelif, Khelif, Angela Carini, Carini, Algeria's Imane Khelif, Peter Cziborra, Reuters Peter Cziborra, Mark Adams, Khelif “, I’m, “ I’ve, Nabil Boudi, Katie Ledecky, Jenny Thompson, Ledecky, Katie Ledecky basks, CNN “, Philippe Katerine, Dionysus, Katerine, we’d, ” Katerine, Noah Lyles ’, Paris Noah Lyles, Kishane Thompson, Noah Lyles, Richard Heathcote, Justin Gatlin, Lyles, Botswana’s, Tebogo, Kenneth Bednarek, Anne, Christine Poujoulat, Léon Marchand, Leon Marchand, Quinn Rooney, Bob Bowman, Michael Phelps, Marchand, Yusuf Dikec, Ilayda, Cagla Gurdogan, Yusuf Dikeç, Dikeç, Turkey’s, Şevval Ilayda, Mondo Duplantis, Korea’s Kim Ye, Gabriel Medina, Kanoa Igarashi, Medina, Jerome Brouillet, Brazil's Gabriel Medina, Novak Djokovic, Djokovic outdueled Spain’s Carlos Alcaraz, Roland Garros, Djokovic, Rafael Nadal, Andre Agassi, Steffi Graf, Serena Williams, Carlos Alcaraz, Matthew Stockman, “ I’m, Sydney Mclaughlin, Tara Davis, Ryan Crouser, Cole Hocker, ANTONIN THUILLIER, , Armand “ Mondo, Duplantis, USA’s Sam Kendricks, Karalis, Amanda Davies Organizations: Paris CNN, Paris, Olympic Games, Tokyo, Paris Olympics, CNN, CNN Sport’s, Reuters, International Olympic Committee, Olympic, Games, CNN Sport, , Catholic, French Catholic Church, Paris Games, Stade de France, Team United, Getty, USA, Team USA, National Olympic Committees, Gold, Team France, Paris La Defense, Défense Arena, Tokyo Olympics, Agence France, Presse, Team Serbia, Spain, Woodhall Locations: France, Paris, Algerian, Los Angeles, French, Gaza, Ukraine, , Jamaica, Athens, American, Lyles, Seine, AFP, Belgium, Switzerland, Nanterre, Turkish, Ankara, Turkey, Tahiti, Teahupo'o, Serbia, Tokyo, Swedish
Last summer, an Erie County judge threw out his conviction in a 1993 murder that had set off a raft of accusations involving bad cops, famous killers and prosecutorial misconduct. Nearly a year later, the crime is still unsolved and Mr. Lorenz remains behind bars. In 1994, Mr. Lorenz and a co-defendant were found guilty of the savage slaying of a young mother, Deborah Meindl, in the Buffalo suburb of Tonawanda. But the Erie County district attorney’s office continues to appeal the overturned convictions, raising the prospect of a second trial despite a paucity of physical evidence or potential prosecution witnesses. “It just seems like it’s never going to end,” Mr. Lorenz, 54, said in a recent interview from jail in Erie County.
Persons: Brian Scott Lorenz, Lorenz, Deborah Meindl, it’s, Mr, , Locations: Erie, Buffalo, Tonawanda, Erie County
Five years after the series finale of "Game of Thrones," Kit Harington is reflecting on his time with the massively popular series — and he thinks that season eight could have gone a bit better. In a GQ profile tied to his role in "Industry," which returned on Sunday, Harington also reflected on his time with "Game of Thrones." "Everyone is entitled to their opinion," Harington told GQ. Harington told GQ that HBO came to him about the prospect of a spinoff. And so I understand some people thought it was rushed and I might agree with them," Harington told GQ.
Persons: Kit Harington, Harington, GQ, Jon Snow, Jon Snow's, that's, I'm Organizations: Service, Apple, Business, Sunday, HBO Locations: London
I grew up in Southern California in the 80s and 90s, where my dad introduced my brother, my sister and me to the surprisingly big ice hockey scene there. I went on to be a member of the U.S. Women's Hockey team in 1998, 2002, 2006 and 2010. Watching them, I've thought a lot about what it was like to come back from my own critical injury. With both injuries, I had to go to physical therapy in order to return to hockey. I learned to be emotionally resilientI don't think my trajectory, in sports and in business, would have been possible without the lessons I learned from my physical therapy.
Persons: Simone Biles, Suni Lee, I've Organizations: International Olympic, Athletes ', IOC, Women's Hockey, Harvard, University of Minnesota Locations: Southern California, Paris, U.S, Tokyo
But the process ended as abruptly as it began, leaving many Jewish Democrats with a heightened sense of anxiety. Tim Walz of Minnesota, an affable Midwesterner who has warm relationships with the Jewish community in his state — but with an activist-driven campaign against Mr. Shapiro, who is Jewish. For some, it confirmed or inflamed simmering fears about antisemitism on the left. Jews have been a loyal Democratic constituency dating back at least to the 1930s. But Mr. Shapiro’s defenders noted that he holds mainstream Democratic views on the Middle East that were generally seen as in line with the other — non-Jewish — top contenders.
Persons: Josh Shapiro, Kamala Harris, elation, Tim Walz, Midwesterner, Shapiro, Mr, Shapiro’s Organizations: Pennsylvania, Democrats, Mr, Democratic, Democratic Party Locations: Israel, Minnesota, Gaza
Read previewAs a freshman at Penn State University, Ezra Gershanok was set on landing a job in consulting after graduation. Four Gen Z consultants told BI they were not in the industry for the long haul. Related storiesYet she doesn't expect the consulting industry will go hungry for workers because of the opportunities the experience can bring. AdvertisementShe said the learning opportunities can help some young consultants cope with the long hours and stress of the gig. Gen Z consultants said the hours are worth it as long as they pick up new skills.
Persons: , Ezra Gershanok, There's, Gershanok, It's, he'd, Gen Zers, Vicki Salemi, Monster, Salemi, Gen, Jorge García Febles, I'm, PwC, it's, Spencer Rascoff, Surabhi Gupta Organizations: Service, Penn State University, Deloitte, McKinsey & Company, Business, Ritz Carlton, Consulting, McKinsey
Four bitcoin wallets that led to sex-trafficking fugitive Michael Pratt's capture are seen in the bottom left corner. AdvertisementFrom Michael Pratt's 2019 criminal complaint. Federal prosecutors say Pratt increased traffic by forwarding each victim's video link to her school, work, family, and social connections. Michael Pratt's Swiss ID and Barcelona Mailboxes Etc. AdvertisementThese days, DeBarber runs the Baltimore-based Phoenix AI cybersecurity firm with cofounder Justine Li, a Girls Do Porn victim and plaintiff.
Persons: , Michael James Pratt —, Pratt, Michael Pratt's, Michael Pratt, it's, Charles DeBarber, ike, ake, ould, ong, hough, erving, J ames, rove, ratt, ong K ong, egan, ove, arlene, lew, anni, rooke,, rian H olm,, wiss Organizations: Service, Spanish, Business, Spain's Policia Nacional, Policia Nacional, ust Locations: New Zealander, Madrid, Southern California, Spain, bitcoin, omiting,, ife, ictim
For example, this season started with the banks roaring higher on great numbers, legitimately great numbers led by a phenomenal Bank of America quarter. The later just made no sense because it is pulling away from Intel on the low end and if Nvidia really does have production problems then AMD is the de facto winner. In fact, the only stock that didn't suffer from an Nvidia relation, Apple, got through earnings without too much trouble. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.
Persons: , techs, We've, Warren Buffett, Buffett, industrials Eaton, Donald Trump, we've, execs, I've, Kamala Harris, Trump, Jim Cramer's, Jim Cramer, Jim, Rob Kim Organizations: Federal Reserve, of America, Bank of America, Club, Apple, Fed, SL Green, Boston Properties, Nvidia, Arista Networks, Micron, Dell, Hewlett Packard Enterprise, Devices, Intel, AMD, Accenture, Deloitte, McKinsey, White, Jim Cramer's Charitable, CNBC Locations: Lowe's
While there was some demand for protection against the prospect of volatility reemerging, overall sentiment across Wall Street had gotten more bullish. Until Wall Street can be sure that the consumer will hold on (or not), conviction is easily shaken. After years of weird times and outsize gains, Wall Street is dancing on a knife's edge. After years of weird times and outsize gains, Wall Street is dancing on a knife's edge. What happened on Monday was a sudden realization that the new structure may assert itself before Wall Street imagined it would.
Persons: , Jerome Powell, we've, they'd, corporates, Dow, Mandy Xu, Cboe's, Wall, Torsten Slok, Slok, Shake, Kevin Gordon, Charles Schwab, they've Organizations: Dow Jones, Bank of Japan, Big Tech, Federal Reserve, Nasdaq, Wall, Apollo Global Management, Corporations, Companies Locations: Asia, Japan, Mexico
CNN —Not even three months into her time as head coach of the US women’s soccer team, Emma Hayes is already going for an Olympic gold medal. Only Brazil and the legendary Marta stand between the US and a record-extending fifth Olympic title, which would be the team’s first gold medal since 2012. ET at the Parc des Princes, but a Marta-inspired Brazil is a challenging prospect for any team. “It will be a chaotic game, I’m sure … I expect it to be quite a battle, quite feisty. For the most storied team in women’s soccer, it would happily usher in the end of a long tournament and the start of a new era.
Persons: Emma Hayes, Marta, Hayes ’, “ It’s, ” Hayes, Amanda Davies, Sophia Smith, Trinity Rodman, Agustin Marcarian, “ I’m, , Hayes, ” Rodman, , “ I’ve, I’m, Nir Elias, Chelsea’s, “ You’ve, Alex Livesey, Emma, ” Smith, It’s Organizations: CNN, Zambia, Japan, US, Parc des Princes, France, Spain, Paris, Sweden, Germany, Reuters, Australia, Getty Locations: Brazil, Paris, Germany, Australia, Japan, Parc des, France, women’s
Disney's classic baddies are getting their own theme park land at the Magic Kingdom in Orlando, Florida. This area will differ from the one at Disney California Adventure, D'Amaro told the audience, and will take place in the wilderness. As part of the Tropical America's land Disney is creating Pueblo Esperanza, which means village of hope. DisneylandThe world of "Avatar" will make its way to Disney's California Adventure, D'Amaro shared Saturday. The Walt Disney World Resort version of the ride opened in June.
Persons: Walt Disney, Mickey Mouse, Gary Hershorn, Disney, Josh D'Amaro, Parks, Rita Ora, D'Amaro, Shaboozey, Billy Crystal, Mike Wazowski, Crystal, Indiana Jones, Huy Quan, Josh, Quan, Madrigal, Antonio, Ash, Ali Rubinstein, Walt Disney Imagineering, Miguel, Deadpool, King Thanos, King, Scott Trowbridge Organizations: Magic, Walt Disney World, Corbis, Big, Honda Center, Disney, Walt Disney, Disney California, Hollywood Studios, Inc, Pirates, Defense, Stark, Disneyland, Walt Disney Imagineering, Marvel . Disney Cruises, Disney Cruise Locations: Orlando , Florida, Anaheim , California, California, Florida, Indiana, Orlando, Pueblo Esperanza, New York City, Disneyland Paris, Pride, Shanghai, Hong, Tokyo
The video, released Wednesday by the Kremlin, showed the Russian president was not happy with news from the southern region of Kursk. The head of the city of Rylsk – some distance from the most advanced Ukrainian units – said Friday more than half the population of 15,000 had left. An expeditionary forceUkrainian troops, even if reinforced, cannot expect to occupy several hundred square kilometers of Russian territory. But holding a large chunk Russian territory is beyond their capacity and probably beyond their goal. “The unfolding events demonstrate the extent to which Moscow has deeply depended on sanctuary in Russian territory to wage its war against Ukraine,” Barros told CNN.
Persons: CNN — Vladimir Putin, General Valery Gerasimov, Putin, George Barros, , Volodymyr Zelensky, Aleksander Kots, Andrey Gurulyov, , Malaya Loknya, Emil Kastehelmi, Barros, Matthew Schmidt, , Vladislav Shurygin, Izvestia, That’s, ” Daniel Fried, George Washington’s, , ” Barros, Darya Tarasova, Maria Kostenko Organizations: CNN, Kremlin, Russian Defense Ministry, Telegram, 61st Mechanized Brigade, Gazprom, Social, , US Army’s Command, General Staff College, Atlantic Council, National Guard, Ukraine, Locations: Russian, Kursk, Sudzha, Russia, Kyiv, Donetsk, Washington, Kharkiv, Rylsk, Europe, Ukrainian, Ivashkovsky, Malaya, Olgovka, Finland, Moscow, Shurygin, Delaware, Ukraine, “ Russia
Before you were in politics, you ran the largest Baptist youth camp in the country, Falls Creek. That’s what my wife and I did for 22 years, to be able to just love on families and to encourage them. And in 2008 and 2009, we really felt a calling to be able to run for Congress in the central district. As I joke with some of my Democrat colleagues, we’re friends, but they’re wrong all the time. They vote wrong all the time, but we can still be friends in our conversation and relationship and try to be able to engage.
Persons: James, , It’s Organizations: Republican Party, Baptist, Republican Locations: Trump, Oklahoma
Read previewDespite what the title may suggest, "It Ends With Us" is just the first chapter in Colleen Hoover's viral BookTok series. "I think there are better people for that one," Baldoni told Entertainment Tonight at the film's New York premiere when asked about the potential for a sequel. AdvertisementBlake Lively as Lily Bloom and Justin Baldoni as Ryle Kincaid in "It Ends With Us." On the prospect of a sequel, Christy Hall, who adapted the novel for the big screen, told Business Insider that the movie rights may have already been snapped up — by someone else. The book sequel picks up immediately after the end of 'It Ends With Us'The sequel, which was published in 2022, picks up immediately after the final scene from "It Ends With Us."
Persons: , Colleen Hoover's, Blake Lively, Justin Baldoni, Baldoni, Blake Lively's, Lily Bloom, Ryle Kincaid, Lively, Christy Hall, Colleen Hoover, Brandon Sklenar, Atlas Corrigan, Jojo Whilden, Colleen, she's, Hall, I'd, Hoover, Lily, Josh, Verity Organizations: Service, Business, Entertainment, Sony Pictures, Rotten, Hollywood, Variety, Amazon MGM Studios Locations: York, Hollywood
Here’s a look at what voters had to say as part of four different groups: Trump loyalists, center-right voters conflicted about Trump, young progressives and traditional Democrats. But a group of these women did admit that the decision by Democrats to swap out Biden for Harris does concern them. “My concern about Trump is him making too aggressive of choices and us not being able to recover from it. But that does make me nervous because, did we vet everything that’s going to happen?” said Alyssa, a 29-year old woman who is still undecided on how she’s voting this fall. That’s powerful.”Traditional Democrats think Biden had to goThat support for Biden hanging up his political spikes extended to the group of traditional Democrats too.
Persons: Donald Trump, Kamala Harris, That’s, Elise Jordan, Trump, Harris, — they’re, Joe Biden’s, Tara, Biden, , ” Kelly, we’ve, , Amy, , ” Mary, “ Trump, Kelly, they’ve, they’re, Alyssa, it’s, Dawn, she’s, Karen, ” Karen, he’s, Kamala, ” Young, Nicholas, I’ve, Joe, “ It’s, we’re, ” Myra, Brett, “ I’m, Richard, Jolenta, wasn’t, ” Richard Organizations: Wisconsin, MSNBC, Trump loyalists, Trump, Kia, Biden Young, Democrats, Hamas, Biden Locations: Wisconsin
The historic endorsement of the Democratic presidential ticket is the first for the civil rights group, which formed in 1929 to protect the rights of Americans of Mexican descent. LULAC leaders announced the endorsement first to NBC News and plan to join Harris and Walz at a rally in Las Vegas on Saturday. The Trump campaign never replied. In 1956, LULAC President Felix Tijerina personally endorsed the Eisenhower-Nixon ticket. LULAC members were active in Viva Kennedy clubs in 1960 and members have supported local Mexican American candidates, such as El Paso Mayor Raymond Telles.
Persons: Kamala Harris, Tim Walz, Harris, Walz, , ” Domingo Garcia, LULAC, Donald Trump, Juan Proaño, ” Garcia, , Julie Chavez Rodriguez, They've, Chavez Rodriguez, Cesar Chavez, Proaño, Joe Biden, Trump, Biden, ” Proaño, Felix Tijerina, Nixon, Raymond Telles Organizations: of United Latin, Minnesota Gov, Democratic, NBC News, LULAC, Trump, Eisenhower, Viva Kennedy, El Paso, NBC Locations: Las Vegas, Viva
Former Hells Angels chapter president Pat Matter breaks down biker gang scenes in movies and television, such as "Sons of Anarchy," for realism. Matter discusses life during and after joining the Hells Angels, such as the initiation ceremony for a prospect in "Hells Angels on Wheels," starring Jack Nicholson; the role of women in outlaw motorcycle clubs in "Yellowstone" S3E4 (2020); and the plausibility of law enforcement going undercover to infiltrate outlaw motorcycle clubs in "Beyond the Law," with Charlie Sheen. This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account?
Persons: Pat Matter, Angel —, Robert De Niro, Austin Butler, Tom Hardy, S2E1, Jack Nicholson, Charlie Sheen Organizations: Hells Angels, Outlaws, Business
PitchBook forecast in a May report that venture firms would raise less than $200 billion in 2024, a 48% drop from the industry's peak in 2021. "They may not see any carry dollars for a long time, maybe into full deployment to the next fund," the growth-stage principal said. AdvertisementBut this type of internal competition, including deal theft and sabotage, has always existed, the growth-stage principal added. 'A ton of people looking to get out everywhere'As the market continues to correct itself, more turnover is likely. "I know a ton of people looking to get out everywhere," the growth-stage principal said.
Persons: , Michael Moritz, Combinator, they're, Will Champagne, it's, Ellis, Rebecca Zisser, VCs, Junior VCs, there's, Champagne, I'm, inbounds, I've Organizations: Service, Business, TechCrunch, Venture, Bay Area, Big Law, Kirkland, Haize Labs, Area, Junior
OpenAI CEO Sam Altman has argued that AI models should eventually produce synthetic data good enough to train themselves effectively. As the well of usable human-generated data dries up, more companies look into using synthetic data. Rather than being pulled from the real world, synthetic data is generated by AI systems that have been trained on real-world data. Synthetic data may help offer some effective "countertuning" to the biases produced by real-world data, too. 'Habsburg AI'While the AI industry found some advantages in synthetic data, it faces serious issues it can't afford to ignore, such as fears synthetic data can wreck AI models.
Persons: , that's, Sam Altman, Gary Marcus, It's, Nathan Lambert, Gretel, SynthLabs, Meta, Timnit Gebru, Margaret Mitchell, LLMs, Sadowski, Alexandr Wang, AlphaGeometry, Marcus Organizations: Service, Google, Business, Oxford, Gartner, New York University, Allen Institute, AI, Nvidia, Meta's, Anadolu, Getty, Rush, Microsoft, Monash University Locations: Cambridge, Habsburg
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