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☆ With a NATO war and Ukraine's knack for shooting down planes in mind, Russia is holding back its airpower and most advanced jets
▼ + stars: | 2024-07-31 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +13 min

Read previewRussia has kept much of its airpower and some of its most advanced aircraft out of the war in Ukraine. But Baum and other air warfare experts have warned Russia's air force should not be underestimated and cautioned that NATO should be ready. AdvertisementRussia's air force is weaker than NATO's airpower, but Russia's war in Ukraine shows it can still cause a lot of damage. Russia's air force has suffered high attrition rates from Ukraine's ground-based air defenses when operating in the country. Related storiesHe said that Russia "has a lot of trouble replacing lost advanced aircraft," only making a few a year.

Persons: —, John Baum, Su, Andrew Curtis, Curtis, Michael Clarke, Christopher Cavoli, it's, Clarke, Evelyn Hockstein, Baum, Peter Layton, Layton, Volodymyr Zelenskyy, Jens Büttner, Russian Sukhoi Su, Nicola Marfisi, Russia's, There's, Sukhoi Su, Aleksey Nikolskyi, REUTERS George Barros, Jake Epstein, Gustav Gressel, Tim Robinson, Russia's Su, Robinson, Mads Claus Rasmussen, Ritzau Scanpix Organizations: Service, NATO, Mitchell Institute, US Air Force, Business, UK Ministry of Defense, Russian Air Force, Royal Air Force, REUTERS, Ukraine, Griffith Asia Institute, Royal Australian Air Force, Russian, Getty Images Air, Getty Images, it's, Sukhoi, Sputnik, European Council, Foreign Relations, UK's Royal Aeronautical Society, Getty Locations: Russia, Ukraine, Europe, Washington, NATO, Russian Sukhoi, Ukrainian, Moscow, Kremlin, AFP

☆ Boar's Head recall expands to include 7 million pounds of deli meat over listeria concerns
▼ + stars: | 2024-07-31 | by ( Marlene Lenthang | Aria Bendix | ) www.cnbc.com time to read: +4 min

A recall of Boar's Head products has expanded to include a whopping 7 million additional pounds of deli and poultry items in a deadly multistate outbreak of listeria infections. As of Tuesday, 34 people have gotten sick across 13 states in the outbreak — including 33 hospitalizations and two deaths. Last week, the deli meat company had recalled more than 207,000 pounds of deli meat, including liverwurst and ham products, because they may contain the bacteria Listeria monocytogenes. Boar's Head has now expanded that recall, the U.S. Department of Agriculture's Food Safety and Inspection Service (FSIS) announced in a press release Tuesday. Boar's Head said in a statement on its website that it had initiated the recall after a liverwurst sample collected by the Maryland Department of Health had tested positive for listeria.

Persons: Boar's Organizations: U.S . Department of Agriculture's, Inspection, Brand, Maryland Department of Health, The Maryland Department of Health, Baltimore City Health Department, Centers for Disease Control, Mayo Clinic, CDC Locations: Montebello , California, Illinois, New Jersey, Cayman Islands, Dominican Republic, Mexico, Panama, Virginia, U.S

☆ A deadly Houthi attack on Tel Aviv is forcing Israel to rethink its drone defenses
▼ + stars: | 2024-07-31 | by ( Paul Iddon | ) www.businessinsider.com time to read: +12 min

Read previewThe Houthis' unprecedented July 19 drone attack against Tel Aviv from Yemen caught Israelis by surprise, piercing the country's battle-tested defenses and exposing vulnerabilities that the Yemen-based rebels were ready and willing to exploit. "This confirms that technology alone, even for one of the most advanced air defense systems in the world, is not enough to provide effective protection," Borsari said. "Firstly, the advanced Houthi drone was launched for the first time, following an atypical flight path that likely caught the Israelis off guard," Khoueiry told BI. Houthi Media Center via Getty Images'A more cunning approach'Following the deadly attack, the Israeli military promptly increased air patrols to protect Israeli airspace. "This means integrating low-tier air defense capabilities at scale, combining different types of effectors with an eye on cost-effectiveness," Borsari said.

Persons: —, Federico Borsari, Israel, Samad, Borsari, Freddy Khoueiry, RANE, Khoueiry, Yemen's, Sebastien Roblin, Roblin, harry IDF, CEPA's Borsari, Dome's Tamir, Tamir, RANE's Khoueiry Organizations: Service, Tel, Center for, Business, Eritrean, Technology, Houthi Media, Getty, Hodeidah, Red Sea, BI, Jordanian, US Navy, Navy Locations: Tel Aviv, Yemen, Red, Israel, Jordan, Egypt, Saudi Arabia, East, North Africa, Eilat, Iran, Gulf of Aden, Gaza, Eritrea, Sudan, Saudi

☆ Stocks making the biggest moves midday: JetBlue, Sprouts Farmers Market, Varonis Systems and more
▼ + stars: | 2024-07-30 | by ( Sean Conlon | ) www.cnbc.com time to read: +6 min

Check out the companies making headlines in midday trading: JetBlue — The airline soared almost 20% after reporting second-quarter earnings that beat analysts' expectations . The Phoenix-based grocery chain also raised its full-year earnings guidance, forecasting revenue rising between 9% and 10%, compared to analysts' 8.2% consensus growth estimate. Revenue of $695 million was higher than the $686 million analysts has estimated. Lattice Semiconductor — Shares pulled back 8.5% after second-quarter earnings and current-quarter revenue guidance came in below expectations. Howmet Aerospace — The aerospace manufacturer rallied 14% after second-quarter earnings and revenue beat Wall Street estimates.

Persons: Varonis, Woodward, FactSet, LSEG, Howmet, Corning, Gamble —, Stanley Black, Decker, —, Alex Harring, Samantha Subin, Lisa Kailai Han, Hakyung Kim Organizations: JetBlue —, New, Revenue, Systems, FactSet, Inc, —, Technology, Semiconductor, Bank of America, CNBC, Delta Air Lines, Microsoft, Merck, Howmet Aerospace, Wall, PayPal, LSEG, Procter, Technologies Locations: New York City, LSEG, New Jersey, Cincinnati, Connecticut

☆ The tech industry wants to create an AI utopia. Its leaders think Universal Basic Income is the answer.
▼ + stars: | 2024-07-30 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +7 min

Read previewThe tech industry has grand plans for an AI utopia — and as models become ever more advanced, some tech leaders are calling for a form of universal basic income. But as AI companies race toward artificial general intelligence, the conversion is getting more urgent. Making AI work for everyoneMany of the people developing AI think a basic income system could help mitigate the tech's negative impact on workers. Recently, the OpenAI CEO also floated the idea of what he calls "universal basic compute." AdvertisementAnna Yelizarova, a project lead at the Future of Life Institute, said tech companies have discussed sharing access to the AI models themselves.

Persons: —, UBI, Jack Dorsey, Mark Zuckerberg, Elon Musk, Matthew Johnson, Geoffrey Hinton, Sam Altman, Jason Redmond, Johnson, they're, Scott Santens, Santens, computerization, there's, It's, Altman, Axel Springer, LLMs Altman, Anna Yelizarova Organizations: Service, Tesla, Business, Northumbria University, BBC Newsnight, Getty, Politico, Life Institute Locations: Paris, AFP

☆ AI risks destroying jobs. Tech leaders think they have the answer.
▼ + stars: | 2024-07-30 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +7 min

Read previewThe tech industry has grand plans for an AI utopia — and as models become ever more advanced, some tech leaders are calling for a form of universal basic income. But as AI companies race toward artificial general intelligence, the conversion is getting more urgent. Making AI work for everyoneMany of the people developing AI think a basic income system could help mitigate the tech's negative impact on workers. AdvertisementFor prominent tech figures, there's also a PR dimension to supporting the basic income concept, he said. AdvertisementAnna Yelizarova, a project lead at the Future of Life Institute, said tech companies have discussed sharing access to the AI models themselves.

☆ Trump tells followers to 'GO AFTER' Meta and Google, citing censorship allegations shared by Elon Musk
▼ + stars: | 2024-07-30 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +3 min

Read previewDonald Trump is again railing against Big Tech, accusing both Meta and Google of censoring content about him in "another attempt at RIGGING THE ELECTION!!!" In a post Tuesday on Truth Social, Trump referenced a photo taken after his assassination attempt that a Facebook communications exec previously acknowledged had been mistakenly fact-checked across the social network. The New York Post also reported Monday that after asking about the assassination attempt, Meta's AI assistant had responded that the event had never happened. Still, Trump urged his followers on Truth Social Tuesday to "GO AFTER META AND GOOGLE. Zuckerberg had called Trump a "badass" for surviving his assassination attempt, but that didn't stop Trump from threatening to send the Facebook cofounder to prison if he's elected.

Persons: —, Donald Trump, Trump, Dani Lever, Lever, Mark Zuckerberg, Zuckerberg, he's, Elon Musk, Elon Musk —, Harris • Donald Trump, Donald Trump Jr, Ted Cruz — Organizations: Service, Big Tech, Social, Facebook, Business, New York Post, Trump, Google

☆ Record heat is set to drive the cost of fruits and vegetables higher
▼ + stars: | 2024-07-30 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +6 min

But US consumers aren’t only taking a financial hit from this summer’s extreme heat by way of their electricity bills. Shoppers could soon have to pay much higher prices for fruit and vegetables as farmers shoulder higher growing costs from the heat, a reversal of a trend seen over the past year with the cost of fruits and vegetables dropping by 1%, according to June Consumer Price Index data. For the rest of this summer, consumers aren’t likely to see markedly higher prices for seasonal fruits like blueberries because contracts with distributors and retailers tend to be worked out in advance, he said. Climate change, he said, is causing his business to suffer financially with reduced crop yields. However, the steep costs to make that switch could also contribute to higher prices consumers pay for produce.

Persons: It’s, Tom Avinelis, ”, Avinelis, Tom Avinelis “, Mohamed bin, Kumaraswamy Ponnambalam, Ponnambalam, coauthors, Henry Gordon, Smith, it’s, Gordon Organizations: New, New York CNN, Foods, Costco, Safeway, CNN, Atlantic Council, University of Waterloo, University of Artificial Intelligence, “, Smart Agriculture, Columbia University Locations: New York, Fresno , California, Willamette, Oregon, California, Ontario, Canada, University, Abu Dhabi, Santa Maria , California

☆ CrowdStrike shares plunge 11% to lowest level of the year on report that Delta may seek damages
▼ + stars: | 2024-07-30 | by ( Katie Bartlett | ) www.cnbc.com time to read: +1 min

CrowdStrike shares fell tumbled 11% on Tuesday to their lowest level of the year following a report that Delta Air Lines hired prominent attorney David Boies to seek damages from the security software vendor. CrowdStrike fell $28.98 to $228.83 as of early afternoon trading. Late Monday, CNBC's Phil Lebeau reported that Delta hired Boies, chairman of Boies Schiller Flexner, to seek compensation from CrowdStrike and Microsoft . No suit has been filed, Lebeau reported, and Delta didn't respond to a request for comment. The Department of Transportation said last week that it's investigating Delta due to the widespread flight disruptions and service failures.

Persons: CrowdStrike, David Boies, CNBC's Phil Lebeau, Boies, Boies Schiller, Lebeau, Harvey Weinstein, Elizabeth Holmes Organizations: Delta Air Lines, Microsoft, Delta, Department of Transportation, U.S, Hollywood

☆ OpenAI's GPT-5 is coming out soon. Here's what to expect, according to OpenAI customers and developers.
▼ + stars: | 2024-07-30 | by ( Darius Rafieyan | ) www.businessinsider.com time to read: +6 min

Read previewThe AI arms race continues apace, with OpenAI competing against Anthropic, Meta, and a reinvigorated Google to create the biggest, baddest, model. OpenAI set the tone with the release of GPT-4 and competitors have scrambled to catch up, with some coming pretty close. But will it be enough to set OpenAI — which is apparently hemorrhaging billions of dollars — apart from the increasingly impressive array of other AI models on offer? He expects GPT-5 to be more like going from undergrad to a PhD program, better for sure but not necessarily Earth-shattering. Already many user are opting for smaller, cheaper models and AI companies are increasingly competing on price rather than performance.

Persons: —, that's, OpenAI, Hamish Low, Jake Heller, Heller, Read, He's, Will GPT, Hooman Radfar, he's, Radfar Organizations: Service, Anthropic, Meta, Google, Business, Enders Analysis, GPT, Thomson Reuters Locations: GPT, undergrad

☆ 3 non-tech sectors ripe for AI monetization, according to $85 billion Wealth Enhancement Group
▼ + stars: | 2024-07-30 | by ( Christine Ji | ) www.businessinsider.com time to read: +5 min

So far, most of the AI winners have been confined to players further up the value chain, such as data center providers and semiconductor chip producers at the backbone of AI technology. As the buildout phase of AI matures, investors are looking further down the value chain for monetization opportunities, whether it be for consumers or businesses. Ayako Yoshioka, senior portfolio manager at Wealth Enhancement Group, sees three parts of the market that could see profit enhancements from the adoption of AI. 3 non-tech AI opportunitiesThere's significant potential for the healthcare sector to reap the benefits of AI. Large banks like JP Morgan and Goldman Sachs also use AI to comb through and sort large quantities of historical financial data, facilitate financial research, and provide investment advice.

Persons: —, Ayako Yoshioka, Yoshioka, JP Morgan, Goldman Sachs, They're, That's Organizations: Service, Big Tech, Business, Google, Security, Visa, Mastercard, Healthcare, Trust Nasdaq

51% of drivers do not trust their car insurance providers and car insurance costs continue to rise, up by 11.2% in 2023-2024. Get Car Insurance Quotes Compare affordable car insurance quotes online in minutes. How to shop for car insuranceIf you're in the market for car insurance, here's a step-by-step guide to finding the best and cheapest car insurance for you. Factors That Affect Car Insurance QuotesPersonal FactorsOne personal factor that affects your car insurance quotes is your age and gender. How to Compare Car Insurance Quotes FAQHow often should I compare car insurance quotes?

Persons: —, You'd, you've, You'll, you'll, Alani Asis Alani Asis, Forbes, She’s, Read Organizations: Get, Insurance Information Institute, Car Insurance, Liberty Mutual, Amica, Farm, Farmers Insurance, Liberty Mutual Teachers, Auto, Business, AARP, CNN, Fortune, U.S . News, Finance, University of Hawaii Locations: U.S, Manoa

☆ How Coco Gauff’s Olympic tennis run ended with a line-call argument
▼ + stars: | 2024-07-30 | by ( Matthew Futterman | Charlie Eccleshare | ) www.nytimes.com time to read: +11 min

This meant he judged the ball from Vekic to be in, and chair umpire Jaume Campistol awarded her the point because Gauff’s follow-up shot had gone into the net. Regarding the overruling of line calls, Case 7 is as follows:“If a chair umpire or line umpire calls ‘Out’ and then corrects the call to good, what is the correct decision? “Decision: The chair umpire must decide if the original ‘Out’ call was a hindrance to either player. Video line calls happen throughout top-level tennis. After the match, Vekic said, “It’s a very tricky situation.

Persons: Coco Gauff, Donna Vekic, Gauff, ”, Vekic, Jaume Campistol, ‘, It’s, ” Gauff, Patricia de Melo Moreira, “, Iga Swiatek, Clare Wood, Serena, Serena Williams, Carlos Ramos “, Naomi Osaka, Jennifer Capriati, Williams, Clive Brunskill, Wood, Swiatek, Aurelie Tourte, Tim Clayton, Corbis, Karolina Pliskova, Pierre Bacchi, —, Pliskova, Bacchi, wasn’t, Gauff steadied, David Haggerty, Haggerty, can’t, “ It’s, Nicole Auerbach, James Hansen, Charlie Scott Organizations: United States, ITF, Tennis Federation, Getty, U.S, United States Tennis Association, Swiatek, Paris Locations: Gauff, Dubai, Madrid, 150mph

Washington CNN —Secret Service acting Director Ronald Rowe provided new details about the assassination attempt of Donald Trump on Tuesday, delivering forceful testimony at a Senate hearing about the agency’s failures earlier this month in Butler, Pennsylvania. But at the joint hearing of the Judiciary and Homeland Security committees, Rowe also highlighted the missteps of local law enforcement on July 13, when the former president was shot. Moving forward, Rowe told the committees, his agency will avoid assuming local law enforcement agencies are fully capable of fulfilling their role in protecting an event. Rowe told the lawmakers that local law enforcement was positioned in a nearby building and should have had a clear line of sight of Crooks on the roof. Tobra claimed that the account in question was “pro-Biden.”The Gab account has also not been conclusively connected to Crooks.

Persons: Ronald Rowe, Donald Trump, Rowe, Thomas Matthew Crooks, Paul Abbate, Abbate, Kimberly Cheatle, Crooks, “, ” Rowe, Gary Peters, Hawley, Peters, it’s, ” Peters, we’d, ”, ” Crooks, Butler, Trump, shirk, “ I’m, they’d, Joe Biden, Sen, Josh Hawley’s, weren’t, John F, Kennedy, Cruz, ” Hawley, Republican Sen, Ted Cruz, Biden, ” Cruz, ” Abbate, Andrew Tobra, Tobra Organizations: Washington CNN, Service, Judiciary and Homeland Security, CNN, Capitol, Secret, Homeland Security, Secret Service, Department of Homeland Security, Biden, Trump, Missouri Republican, Republican, YouTube Locations: Butler , Pennsylvania, Butler, Missouri, Texas, Dallas, United States

☆ We're raising our Stanley Black & Decker price target on the stock's earnings rally
▼ + stars: | 2024-07-30 | by ( Zev Fima | ) www.cnbc.com time to read: +9 min

Stanley Black & Decker on Tuesday morning delivered solid quarterly results — enhanced by strong cash flow performance, allowing management to raise its full-year guidance. Stanley Black & Decker Why we own it: Stanley Black & Decker is in the later innings of a multi-year restructuring plan. Stanley Black & Decker, which also makes fastening and assembly systems, jumped 7.5% on Tuesday's release following last week's 9.7% gain. Full-year organic sales in Tools & Outdoor are projected to be down about 1% at the midpoint, with year-over-year margin improvement. To honor the occasion, Donald Allan, Jr., President & CEO of Stanley Black & Decker, joined by Chris Taylor, NYSE Global Head of Advisory, rings the Opening Bell®.

Persons: Stanley Black, Decker, we're, Don Allen, DeWalt, Pat Hallinan, —, Jim Cramer's, Jim Cramer, Jim, Donald Allan , Jr, Chris Taylor Organizations: Revenue, Bosch, Techtronic Industries, Federal Reserve, Management, Stanley, Aerospace, CNBC, The New York Stock Exchange, NYSE Global Locations: Europe, France, Italy, Latin America

☆ Venezuelans have seen this movie before, but Maduro should beware. This time, the ending could be different
▼ + stars: | 2024-07-30 | by ( Rafael Romo | ) edition.cnn.com time to read: +8 min

The month before, President Nicolás Maduro had declared a “constitutional state of emergency.”Julio Borges, in a photograph taken by CNN's Rafael Romo on June 9, 2016. Maduro, now 61, is a former bus driver who became a Caracas metro system union leader and rose through the ranks. In January of that year, Juan Guaidó, then president of the National Assembly, had proclaimed himself interim president of Venezuela. Supporters of Venezuelan opposition leader Juan Guaido scuffle with members of the Bolivarian National Police during a protest against the government of President Nicolas Maduro in Caracas on November 18, 2019. The Venezuelan opposition political party Voluntad Popular said Tuesday that its leader Freddy Superlano has been kidnapped.

Persons: “, Caracas Osmary Hernández, Julio Borges, colectivos, Nicolás Maduro, ” Julio Borges, CNN's Rafael Romo, Rafael Romo, Hugo Chávez, Juan Guaidó, Guaidó, Juan Guaido, Nicolas Maduro, Yuri Cortez, María Corina Machado, Machado, Chávez, Edilzon Gamez, ”, Michael, ‘, would’ve, Maduro, they’ve, Edmundo González, Jorge Fernando “ Tuto ” Quiroga, ” Quiroga, Edmundo, González, could’ve, Popular, Freddy Superlano Organizations: CNN, National Assembly, Caracas Osmary, Electoral Council, Bolivarian National Police, Getty, Bolivian Embassy, Inter, Georgetown University, Venezuela’s CNE, Venezuelan, Foro Locations: Caracas, Venezuela, Maduro, United States, AFP, North Macedonia, Bolivian

☆ Stocks making the biggest moves premarket: CrowdStrike, Merck, PayPal, JetBlue and more
▼ + stars: | 2024-07-30 | by ( Brian Evans | ) www.cnbc.com time to read: +6 min

Revenue of $695 million was also higher than the $686 million expected. Adjusted earnings of 5 cents per share topped the loss of 2 cents per share forecasted by analysts polled by FactSet. Additionally, Howmet increased its quarterly dividend to 8 cents per share from 5 cents per share, to be payable Aug. 26. JetBlue — Shares jumped 4% after the airline said adjusted earnings per share was 8 cents for the second quarter. Analysts expected a profit of $2.80 per share on revenue of $1.18 billion, according to StreetAccount.

Persons: Woodward, FactSet, LSEG, Archer, Gamble —, Leidos, StreetAccount, — CNBC's Michelle Fox, Hakyung Kim, Lisa Kailai Han, Alex Harring, Jesse Pound, Fred Imbert, John Melloy Organizations: CNBC, Delta Airlines, Microsoft, FactSet, Inc, —, Technology, Merck —, pharma, Semiconductor, Bank of America, Pfizer —, Pfizer, Varonis Systems, Howmet Aerospace, Corning, LSEG, Daniels, Midland, JetBlue —, Revenue, PayPal —, PayPal, Procter, Gamble, U.S . Pentagon Locations: FactSet .

☆ Delta hires powerful lawyer David Boies’ firm to seek compensation from CrowdStrike and Microsoft for its outage
▼ + stars: | 2024-07-30 | by ( Chris Isidore | ) edition.cnn.com time to read: +4 min

And now it wants Microsoft and the cybersecurity firm that caused the problem to compensate it for at least some of its losses. Delta has hired high-profile attorney David Boies’ law firm to seek damages from cyber security firm CrowdStrike and Microsoft for the massive service issues it suffered last week following a badly flawed software update caused problems in a key computer program. The hiring of the firm of Boies Schiller Flexner, first reported by CNBC, was confirmed to CNN by a person familiar with the decision. Delta’s costs could total between $325 million to $475 million, according to a note published Tuesday by Savanthi Syth, airline analyst for Raymond James. Boies and his firm won $290 million in 2023 from JPMorgan Chase for Jeffrey Epstein’s sexual abuse victims.

Persons: Delta, David Boies, Boies Schiller, Savanthi Syth, Raymond James . Delta, ”, CrowdStrike, Patrick T, Fallon, Boies, JPMorgan Chase, Jeffrey Epstein’s, Elizabeth Holmes, Boeis, Harvey Weinstein, Weinstein, Jeffrey Epstein's, Peter Foley, Al Gore, Brown Organizations: New, New York CNN — Delta Air Lines, Microsoft, CNBC, CNN, Delta Air Lines, Los Angeles International Airport, Getty, Endeavor Air, Delta, JPMorgan, Theranos, Bloomberg Locations: New York, AFP, Perry v

☆ Delta just issued a warning shot to CrowdStrike about the money it wants to help cover some losses from the huge outage
▼ + stars: | 2024-07-30 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +5 min

Read previewDelta Air Lines is gearing up to demand money following an outage that sent the world, including the airline, into chaos. The carrier hired star attorney David Boies to seek damages from CrowdStrike and Microsoft for the July 19 computer outage that forced Delta to cancel about 6,000 flights, CNBC reported on Monday. AdvertisementWhile no lawsuit has been filed, Delta plans to seek compensation from CrowdStrike and Microsoft, CNBC reported. AdvertisementEven individuals hoping to seek damages from CrowdStrike through proposed class action lawsuits may have little luck. Between customer agreements that favor CrowdStrike and SolarWinds largely beating the SEC, CrowdStrike stands a good chance in court, Sanchez said.

Persons: —, David Boies, Delta, Boies, Elizabeth Holmes, Al Gore, Boies Schiller, CrowdStrike, Elizabeth Burgin Waller, Woods Rogers, Mauricio Sanchez, Sanchez, SolarWinds, Andrew Selbst, Selbst Organizations: Service, Lines, Microsoft, CNBC, Business, Delta, Analysts, Bloomberg, CrowdStrike's Falcon, Dell'Oro, Fierce, Securities and Exchange, SEC, UCLA School of Law, Harvard Law, Federal Trade Commission, FTC Locations: CrowdStrike, Delta, Texas

☆ Neuralink rival Synchron lets patients control Apple Vision Pro with their thoughts
▼ + stars: | 2024-07-30 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +2 min

Neurotech startup Synchron on Tuesday announced it has connected its brain implant to Apple 's Vision Pro headset. Apple released the Vision Pro earlier this year, and users typically control it with eye movements, voice commands and hand gestures. He said Synchron will likely work to connect its BCI to other headsets, but it's starting with the Vision Pro. Apple has been "very supportive" of the Vision Pro integration, he added. Synchron is a part of an increasingly competitive BCI industry, and the company said Tuesday that it is the first to connect its system to Apple's Vision Pro.

Persons: Synchron, Thomas Oxley, Oxley, Elon Musk's, It's Organizations: BCI, U.S . Food, Drug Administration, Apple, Vision, CNBC, Neuroscience, Blackrock Neurotech Locations: U.S, Australia

☆ We put Elon Musk's dream to colonize Mars up against Jeff Bezos' vision of living in space — and one is more realistic
▼ + stars: | 2024-07-29 | by ( Ellyn Lapointe | ) www.businessinsider.com time to read: +9 min

ConstructionElon Musk's vision of a Martian city (top) and an artist's concept of Bezos' O'Neill space colony (bottom). Bezos' space stations could be built to resemble Earth more easily — no massive terraforming necessary. "If I had to pick a billionaire's vision of the future, I would definitely go with Elon Musk's Martian colony," Gonçalves told BI. That's why Rachael Seidler thinks Musk's Martian cities are a better bet than Bezos' space stations. Joe Raedle/Getty ImagesThe majority of experts BI spoke with agreed that Musk's Martian colony is more feasible than Bezos' enormous space stations.

Persons: Elon Musk, Jeff Bezos, Musk, Bezos, he's, O'Neill, Anthony Longman, Longman, I'm, Rebeca Gonçalves, Gonçalves, Elon, Rachael Seidler, SEBASTIAN KAULITZKI, roaches, we've, Adam Watkins, It's, Watkins, it's, Joe Raedle Organizations: SpaceX, Origin, Business, Elon, YouTube, Space Station, NASA, Wikimedia, University of Florida, University of Nottingham, Elon Musk

☆ Apple says its AI models were trained on Google's custom chips
▼ + stars: | 2024-07-29 | by ( Kif Leswing | ) www.cnbc.com time to read: +2 min

Apple said on Monday that the artificial intelligence models underpinning Apple Intelligence, its AI system, were pretrained on processors designed by Google, a sign that Big Tech companies are looking for alternatives to Nvidia when it comes to the training of cutting-edge AI. Apple's choice of Google's homegrown Tensor Processing Unit (TPU) for training was detailed in a technical paper just published by the company. Separately, Apple released a preview version of Apple Intelligence for some devices on Monday. Apple doesn't name Google or Nvidia in its 47-page paper, but did note its Apple Foundation Model (AFM) and AFM server are trained on "Cloud TPU clusters." "This system allows us to train the AFM models efficiently and scalably, including AFM-on-device, AFM-server, and larger models," Apple said in the paper.

Persons: Apple, they've, Mark Zuckerberg, Sundar Pichai, Zuckerberg, Emily Chang Organizations: Apple Intelligence, Google, Big Tech, Nvidia, Microsoft, Meta, Oracle, Apple Foundation, Apple

☆ The US and Japan struck a deal to make more missiles for Patriots, which have proved crucial in Ukraine
▼ + stars: | 2024-07-29 | by ( Hannah Abraham | ) www.businessinsider.com time to read: +1 min

The US and Japan on Monday announced a deal to expand Patriot missiles. Patriot systems have proven effective in Ukraine, countering many Russian air strikes. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe US and Japan agreed to expand production of the Patriot missile systems, putting the spotlight again on a weapon in the ascendancy. The US-made Patriot missile systems have exceeded expectations in Ukraine, where they have formed a crucial part of Ukrainian air defense.

Persons: — Organizations: Monday, Service, Patriot, Business Locations: Japan, Ukraine, Ukrainian

☆ I went to graduate school right after college, and I regret it. I wish I had waited and joined the workforce first.
▼ + stars: | 2024-07-29 | by ( Rashi Goel | ) www.businessinsider.com time to read: +4 min

A master's degree wasn't a prerequisite for a good job; my work during the internship earned me a job offer. I wish I had sought to get a job straight out of college. In hindsight, I realize the ideal time for an MBA is after gaining six to eight years of work experience. I also recommend getting a job or work experience whenever possible; it will teach you things that school won't. Take those risks, seize those opportunities, and remember there's no rush to pursue a master's degree.

Persons: —, there's Organizations: Service, Business Locations: undergrad

☆ How 5G technology is helping curb carbon emissions and waste at the Paris Games
▼ + stars: | 2024-07-29 | by ( Chris Stokel-Walker | ) www.businessinsider.com time to read: +6 min

Installing and using 5G technology could help minimize the Olympics' environmental impacts. Sustainability initiatives also extend to the 5G technology powering the Olympic Games. Orange, the telecommunications provider for the Paris Games, has set itself the goal of limiting its carbon emissions to 10,000 metric tons of carbon dioxide. Environmentally friendly technology that can support more fansThough 5G systems require infrastructure installation, their technology is more sustainable than older connectivity systems like analog distributed antenna systems, Swank said. Recycling 5G equipment for more sustainabilityTo work toward its carbon-emissions goal for the Paris Games, Orange decreased its equipment manufacturing and infrastructure-deployment footprint.

Persons: —, Kevin Swank, Swank, CommScope, Kelvin Chaffer, Chaffer Organizations: Service, Games, Janeiro Games, Social Sciences, Paris Games, Olympic Games, T, Dallas Cowboys, Paris Olympics, Software Locations: Rio, France, Germany, Arlington , Texas, Orange

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