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The Organization of Petroleum Exporting Countries on Monday said the oil and gas industry is being unjustly vilified ahead of a pivotal United Nations conference on the climate crisis later this week. OPEC Secretary General Haitham Al Ghais pushed back against accusations that the industry is not doing enough to reduce carbon emissions. The industry was taken to task last week for its role in the climate crisis and its commitment to clean energy by the Paris-based International Energy Agency (IEA). Just 1% of global investment in clean energy comes from the oil and gas industry, according to the IEA. Al Ghais also said oil and gas companies are making major investments in renewables and technologies that reduce emissions.
Persons: Haitham Al Ghais, who's, Al Ghais, Fatih Birol, Birol Organizations: OPEC, of Petroleum, United Nations, International Energy Agency, Change, United Arab, UAE, Exxon, Chevron, Natural Resources, IEA, Producers, Occidental Petroleum, U.N Locations: Russia, Paris, Kuwaiti, United Arab Emirates, U.S, Al
AMERICUS, Ga. (AP) — Rosalynn Carter will make her final journey to the Jimmy Carter Presidential Center on Monday as her family begins three days of memorials for the former first lady and global humanitarian who died Nov. 19 at the age of 96. President Joe Biden and first lady Jill Biden, longtime friends of the Carters, lead the dignitaries expected to attend the Atlanta service. Some well-wishers began honoring Rosalynn Carter soon after her death, including an uptick in visitors to the Presidential Center campus. At the campus's Rosalynn Carter Health and Human Sciences Complex, there will be a wreath-laying ceremony attended by the current leadership of the Rosalynn Carter Institute for Caregiving. A brief service of repose is scheduled for 3:30 p.m. — before public access — once her remains arrive at Carter Presidential Center.
Persons: — Rosalynn Carter, Jimmy Carter, Rosalynn Carter's, Joe Biden, Jill Biden, Jimmy Carter's, , Kim Fuller, we’re, Rosalynn Carter, Brendan Green, ” Green, Carter's, Carter, Kamala Harris, Doug Emhoff, Glenn, Carters, Fuller, ” Fuller, Sudhin Thanawala Organizations: Jimmy Carter Presidential Library and Museum, Maranatha Baptist Church, White House, Maranatha, , Presidential Center, Medical, Georgia Southwestern State University, Georgia Southwestern College, Carter Health, Human Sciences, Carter Institute for Caregiving, Carter, Luke’s Episcopal Church, Peachtree, Glenn Memorial Church, Emory University, Emory, Methodist, Plains Methodist Church, Associated Press Locations: AMERICUS, Ga, Sumter County, Georgia, Atlanta, Plains, caregiving, Maranatha, Chicago, Americus, St, Luke’s, Peachtree St
The resort hotel has 20 rooms which will be open for stays from Dec. 1, 2023. Source: The Bus CollectiveIt only costs a dollar to ride a Singapore bus — but 398 Singapore dollars to sleep in one. The Bus Collective is Southeast Asia's first resort hotel to repurpose decommissioned public buses into luxury hotel rooms. The resort hotel officially opens on Dec. 1 and bookings are now available on its website. A look into the resortThe Bus Collective is located in Changi Village, Singapore — occupying 8,600 square meters of land.
Persons: Queen Victoria Organizations: SBS Transit, Changi Village Hawker Centre, Changi East Boardwalk, Changi Chapel & Museum, CNBC, Changi Sailing Club, WTS Travel, LHN Group, Sky Win Locations: Singapore, Changi Village, Changi, Hamilton, Pulau Ubin
ST. PAUL, Minn. (AP) — Iris Logan was having a hard time growing grass in the front yard of her St. Paul, Minnesota, home, so she covered the space with stones, statues and decorative art. Logan, 70, has been given notice to clean up the “planters, wood, metal cans, large rocks and miscellaneous debris” cited after a recent inspection, the St. Paul Pioneer Press reported. The City Council will take up the matter Dec. 6. This also keeps the tree roots clear and provides a place to shovel snow in the winter," Rodriguez said in an email to the Pioneer Press. “The quick support from our neighbors has been a clear signal of how much this art means to our community," Lewandowski said.
Persons: — Iris Logan, . Paul, Logan, , “ I’m, ” Logan, Casey Rodriguez, Rodriguez, Justin Lewandowski, He’s, Lewandowski, It’s Organizations: PAUL, ., . Paul Pioneer Press, City Council, St, Paul Department of Safety, Pioneer Press Locations: Paul , Minnesota, Logan, Mississippi
Chuck Schumer Doesn’t Know How Gas Prices Work
  + stars: | 2023-11-26 | by ( Jonathan Chanis | ) www.wsj.com   time to read: +1 min
Senate Majority Leader Chuck Schumer (D., N.Y.) gives remarks at a press conference in the U.S. Capitol Building in Washington, Nov. 15. Photo: Anna Moneymaker/Getty ImagesSenate Majority Leader Chuck Schumer and 22 Democratic senators recently wrote to Federal Trade Commission Chairman Lina Khan calling for an investigation into the proposed mergers between Exxon Mobil and Pioneer Natural Resources and Chevron and Hess . The letter argues that these mergers will enable “anticompetitive coordination in the industry” and raise U.S. gasoline prices. A fair assessment of the proposed mergers and the fossil-fuel market doesn’t reveal a firm legal and economic basis to initiate antitrust enforcement proceedings against these deals. If the senators really want a competitive energy market that supplies American consumers with lower-priced fuel, they should support these mergers, not obstruct them.
Persons: Chuck Schumer, Anna Moneymaker, Lina Khan Organizations: U.S, Capitol, Getty, Democratic, Federal Trade, Exxon Mobil, Natural Resources, Chevron, Hess Locations: N.Y, Washington
Former Google engineer Anthony Levandowski is relaunching his "Way of the Future" AI church. Levandowski was previously pardoned by Donald Trump after pleading guilty to stealing trade secrets. AdvertisementAnthony Levandowski, a pioneer of self-driving cars and controversial Silicon Valley figure, announced the return of his AI-dedicated church in an episode of Bloomberg's AI IRL podcast. Levandowski started his "Way of the Future" church in 2015 while he was working as an engineer on Google's self-driving project Waymo. The engineer was pardoned in 2021 by the outgoing president at the time, Donald Trump.
Persons: Anthony Levandowski, Levandowski, Donald Trump, , Peter Thiel Organizations: Google, Service, Bloomberg, Trump, Peter Thiel White House, Pollen Locations: America
How the Three Camel Lodge was bornThe Three Camel Lodge was the brainchild of 68-year-old Mongolian-American businessman Jalsa Urubshurow. In 2002, Jalsa decided to build something more permanent in the Gobi, and the Three Camel Lodge was born. Despite being in the desert, it’s one of just a few regions in the Mongolian Gobi that’s covered in mounds of sand. Considered a pioneer in sustainable tourism, the Three Camel Lodge today follows three main pillars: sustainable stewardship, preservation and community empowerment. Getting thereGetting to and from the Three Camel Lodge isn’t for the travel-weary – did we mention it’s remote?
Persons: Khan, Mongolia CNN —, Jalsa Urubshurow, , Jalsa, “ I’ve, , Roy Andrews, Buyandelger, Andrews ’, Moltsog Els, , we’ve Organizations: CNN, Mongolia CNN, Mongolian, , herder, Nomadic Expeditions, American Museum of, Expeditions, CNN Travel, birdlife, Investment, Dalanzadgad Locations: Khan khongor, Mongolia, Khan konghor, Central Asia, gers, Kalmykia, Russia, New Jersey, Bayanzag, Ulaanbaatar
We tested dozens of suitcase brands for our guide to the best luggage and Monos is a top editor pick. If you're unsure where to start, we've pulled out some of the best deals available on some of our favorite Monos luggage products below. Shop all Black Friday deals from MonosBest Black Friday deals on Monos suitcasesBest Black Friday deals on Monos bags and accessoriesMonos Metro Duffel $179.00 $210.00 Save 15% This duffel’s roomy interior is designed to keep all your essentials organized, with a sleeve that fits a laptop and inner side pockets that provide easy access to your essentials. Monos Black Friday Deals FAQWhat is the most popular Monos suitcase? We've also rounded up the best Black Friday Away deals if you're interested in comparison shopping.
Persons: we've, Monos, We've Organizations: Monos, Metro, Plus
The Gorgon liquefied natural gas (LNG) and carbon capture and storage (CCS) facility, operated by Chevron Corp., on Barrow Island, Australia, on Monday, July 24, 2023. The oil and gas industry needs to let go of the "illusion" that carbon capture technology is a solution to climate change and invest more in clean energy, the head of the International Energy Agency said Thursday. Just 1% of global investment in clean energy has come from oil and gas companies, according to Birol. The industry needs to face the "uncomfortable truth" that a successful clean energy transition will require scaling back oil and gas operations, not expanding them, the IEA chief wrote. One of the major pitfalls in the energy transition is excessive reliance on carbon capture, according to the report.
Persons: Fatih Birol, Birol, Hess Organizations: Chevron Corp, International Energy Agency, United Nations, IEA, Exxon Mobil, Chevron, Shell, BP, Exxon, Resources Locations: Barrow Island, Australia, Dubai
YouTuber sues Google Spain for alleged wrongful dismissal
  + stars: | 2023-11-23 | by ( ) www.reuters.com   time to read: +3 min
REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsMADRID, Nov 23 (Reuters) - A Spanish YouTuber is suing Google Spain, a unit of Alphabet Inc (GOOGL.O), for wrongful dismissal in a case that could set a precedent for content creators' labour rights, Spanish union UGT said on Thursday. Google Spain blocked Jota's YouTube channel "Último Bastión" (Last Stronghold) from earning advertising revenue in August. He said they had called on the court to classify Jota and YouTube's a labour relationship and his effective dismissal as "wrongful". Garcia and the union would not comment on the reasons for advertising revenue to his channel being cut. Google says that content creators are not employees and that in this particular case Jota's channel did not comply with YouTube monetisation policies.
Persons: Dado Ruvic, UGT, Bernardo Garcia, Garcia, Eduardo Magaldi, Emma Pinedo, Aislinn Laing, Mark Heinrich Our Organizations: REUTERS, Rights, Google, Alphabet Inc, YouTube, Reuters, Thomson Locations: Rights MADRID, Google Spain, Jota, Madrid, Spain, Europe
In its announcement of Altman’s firing, OpenAI claimed that Altman had been insufficiently “candid” with the board. But then hundreds of OpenAI employees, nearly the company’s entire staff, threatened to leave, potentially for Microsoft, if the company’s board didn’t resign and reinstate Altman as CEO. It’s unclear how Shear will be affected by Altman’s return. “We are encouraged by the changes to the OpenAI board,” Microsoft CEO Satya Nadella said on X. Publicly, Altman has long cautioned about risks posed by AI, and he has pledged to lawmakers and customers that he would move OpenAI forward responsibly.
Persons: Sam Altman, Bret Taylor, Adam D’Angelo, Larry Summers, , Altman, Steve Jobs, OpenAI, Kara Swisher, Nadella, Greg Brockman, Altman’s, , Emmett Shear, didn’t, Shear, , ” Brockman, Satya Nadella, Jony, CNN’s Juliana Liu, Diksha Madhok Organizations: New, New York CNN, Twitter, Microsoft, CNN, Twitch Locations: New York, OpenAI, Silicon
Amundi signed a 10-year distribution accord in 2017 when it bought UniCredit's Pioneer Investments for 3.6 billion euros. Credit Agricole CEO Philippe Brassac told reporters this month it was no secret UniCredit was looking at ways "to optimise" the accord with Amundi. Orcel, sources have said, is unhappy with the amount of Amundi funds the accord binds UniCredit to place with customers. UniCredit had 134 billion euros in AUM from fund and portfolio management as of Sept. 30. If their relationship ended after 2027, it would still take UniCredit time to replace Amundi funds with other products.
Persons: Sarah Meyssonnier, Amundi, Andrea Orcel, UniCredit, Philippe Brassac, Brassac, Orcel, Azimut, Valentina Za, Mathieu Rosemain, Silvia Aloisi, Alexander Smith Organizations: REUTERS, Reuters, Investments, Agricole, Credit, Amundi, Thomson Locations: Paris, France, MILAN, Italy, Italian, Milan
HAWSTON, South Africa (AP) — Nearly every house in Hawston has a boat in its yard, sometimes two. It's reduced the endangered South African abalone to unprecedented low levels, wildlife groups say. Political Cartoons View All 1256 ImagesAt first, the South African government banned abalone fishing completely. Hong Kong is importing between 2,000-3,000 metric tons of illegal South African abalone a year, the report estimated. Chan also rates South African abalone highly, as so many do, with its rich taste and slightly chewy texture.
Persons: Raphael Fisher, perlemoen, Fisher, , “ It’s, Wendy Chan, Chan, , Keet, It's, Bertus van, van Oordt, Van Oordt, we'll, ” van Oordt, “ We'll, Markus Burgener, ” Burgener, Burgener, Zara, Toby, ” Fisher, Kanis Leung, Alice Fung Organizations: South, Global, Transnational, International Union for Conservation, Nature, Divers, Lookouts, Trade Monitoring, AP Locations: South Africa, Hawston, East Asia, Hong Kong, China, Japan, Taiwan, Gansbaai, HIK, Hawston's, Africa, africa
That was nearly equal to the valuation OpenAI commanded in its last fundraise. "If Microsoft lost Altman, he could have gone to Amazon, Google, Apple, or a host of other tech companies," said Wedbush Securities analyst Dan Ives. We view Microsoft now even in a stronger position with Altman and Brockman at Microsoft running AI. Altman will lead a new research team at the software giant following his surprise ouster by OpenAI that shocked the tech industry. "The OpenAI for-profit subsidiary was about to conduct a secondary at a $80 billion+ valuation.
Persons: Satya Narayana Nadella, Lucas Jackson, Sam Altman, Altman, Dan Ives, Brockman, OpenAI, Greg Brockman, Szymon Sidor, SemiAnalysis, Mira Murati, Aditya Soni, Akash Sriram, Sriraj Organizations: Microsoft, REUTERS, Google, Wedbush Securities, Thomson Locations: Manhattan, New York City, OpenAI, Bengaluru
Microsoft emerges as big winner from OpenAI turmoil
  + stars: | 2023-11-20 | by ( Aditya Soni | ) www.reuters.com   time to read: +3 min
[1/2] Microsoft Chief Executive Officer (CEO) Satya Narayana Nadella speaks at a live Microsoft event in the Manhattan borough of New York City, October 26, 2016. The turmoil at OpenAI since Friday had raised fears about the fallout for Microsoft, which has pumped in billions of dollars and uses the pioneer's technology for most of its AI offerings. That was nearly equal to the valuation OpenAI commanded in its last fundraise. We view Microsoft now even in a stronger position with Altman and Brockman at Microsoft running AI. "The OpenAI for-profit subsidiary was about to conduct a secondary at a $80 billion+ valuation.
Persons: Satya Narayana Nadella, Lucas Jackson, Sam Altman, Altman, Dan Ives, Brockman, OpenAI, Greg Brockman, Szymon Sidor, SemiAnalysis, Mira Murati, Aditya Soni, Akash Sriram, Sriraj Organizations: Microsoft, REUTERS, Google, Wedbush Securities, Thomson Locations: Manhattan, New York City, OpenAI, Bengaluru
of OpenAI, the leader in commercializing generative A.I. By Monday, he had not only been fired by his board — he had also joined Microsoft, the start-up’s biggest backer. A recap:OpenAI’s board fired Altman for not being “consistently candid.” Greg Brockman, another co-founder, was stripped of his chairman title and quit. Talks to bring Altman back broke down, with OpenAI’s board eventually naming Emmett Shear, the former C.E.O. (Some OpenAI employees workers wrote on X that “OpenAI is nothing without its people,” posts that Altman liked.)
Persons: Sam Altman, Altman, Greg Brockman, OpenAI —, , Emmett Shear, Mira Murati, Brockman, Ilya Sutskever, Elon Musk, Geoffrey Hinton Organizations: Microsoft, up’s, OpenAI Locations: OpenAI, ChatGPT
Sam Altman was ousted from OpenAI then accepted a top job at Microsoft over the weekend. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementOver the course of a whirlwind weekend, OpenAI cofounder Sam Altman was ousted from ChatGPT's parent company and promptly accepted a job running a new AI research team at Microsoft. [Microsoft CEO Satya] Nadella says they're still committed to OpenAI. (Ware predicted brain drain as other OpenAI employees follow Altman to Microsoft or join other rivals now he's no longer in charge.)
Persons: Sam Altman, OpenAI, , Microsoft didn't, Dan Ives, Altman, — that's, Jason Ware, They've, Satya, Nadella, they're, They're, Ware, Ben Laidler, Emmett, Joshua Mahony, Jim, Fan, Satya swoops, I'm, Jason Calacanis, It's Organizations: Microsoft, Wall Street, Service, Nasdaq, Albion Financial, CNBC, Markets, Nvidia Locations: OpenAI
Walsh died Nov. 12 at his home in Myrtle Point, Oregon, his daughter, Elizabeth Walsh, said Monday. “I knew we were making history,” Walsh told The World newspaper of Coos Bay, Oregon, in 2010. “There was an opportunity to pioneer,” Walsh told The World. It wasn’t until later they told us what they had in store.”Walsh was born Nov. 2, 1931, in Berkeley, California. Walsh traveled the world, including many trips to Antarctica, where the Walsh Spur pointed rock is named in his honor.
Persons: Don Walsh, Mariana Trench —, Walsh, Elizabeth Walsh, Jacques Piccard, Mariana Trench, , ” Walsh, ” Piccard, Piccard, “ Walsh, Kurt Rothenhaus, Kelly, Don’t, , “ He’s, Kelly Walsh, Victor Vescovo, ” Vescovo, Don Walsh’s, Joan, ___ Thiessen Organizations: U.S . Navy, Navy, U.S . Naval Academy, University of Southern, Public, U.S . State Department, Naval, Dallas, Twitter Locations: Myrtle Point , Oregon, U.S, Swiss, Trieste, Guam, Pacific, Coos Bay , Oregon, San Diego, Berkeley , California, Texas, University of Southern California, Antarctica, Kelly, Anchorage , Alaska
Last month, I interviewed Sam Altman and Mira Murati of OpenAI. Now she is taking over his job. Certainly not them. The ouster of OpenAI’s Altman, one of tech’s most visible chief executives, shocked the business and tech world on Friday. It also put the company’s chief technology officer, Murati, in charge of tech’s biggest and most daunting job: leading the AI pioneer without disrupting life as we know it.
Persons: Sam Altman, Mira Murati, OpenAI’s Altman Locations: OpenAI
ATLANTA (AP) — Reactions to the death of Rosalynn Carter, former first lady and global humanitarian:___President Joe Biden said the Carters “brought grace” to the White House. “There was no greater advocate of President Carter, and their partnership set a wonderful example of loyalty and fidelity. “The State of Georgia and the United States are better places because of Rosalynn Carter," Ossoff said in a statement. “Georgia Democrats join our entire state, nation, and the world in mourning the loss of former First Lady Rosalynn Carter – an extraordinary humanitarian, fierce mental health advocate, and beloved daughter of Georgia," Williams said. In lieu of flowers, Carter requested that those wishing to honor her memory do so through contributions to the Carter Center’s Mental Health Program or the Rosalynn Carter Institute for Caregivers, the statement said.
Persons: Rosalynn Carter, Joe Biden, , , ” Biden, Jimmy Carter, ___, George W, Bush, Carter, ” Bush, Laura Bush, Sen, Jon Ossoff, Ossoff, ” ___, Donald Trump, Carter “, ” Trump, Melania Trump, ” Melania Trump, Nancy Pelosi, Lady Carter, ” Pelosi, Bill, Hillary Clinton, Andre Dickens, ” Dickens, Georgia —, Lady Rosalynn Carter, Michelle Obama, I’ll, Obama, Nikema Williams, Rosalynn Carter –, Williams Organizations: ATLANTA, Air Force, U.S, Navy, Georgia, Carter Center, Habitat, Humanity, Truth, World Health Organization, Carter, Atlanta, White, Rep, Democratic Party of Georgia, “ Georgia Democrats, Mental Health Locations: Norfolk , Virginia, Georgia, The State, United States, Latin America, Atlanta,
The stock of Club holding Morgan Stanley (MS) dropped to $70 from $100 before bouncing back to $80 when interest rates recently peaked. Morgan Stanley and Schwab did nothing bad or shameful, but their multiples are shadows of their former selves. At least Morgan Stanley has a nice dividend yield of 4.25%. Key, Huntington, First Horizon, Morgan Stanley and Schwab are all good franchises that are regarded as cheap. The Morgan Stanley headquarters is seen in New York City on Jan. 17, 2023.
Persons: It's, Huntington Bancshares, Stephen Steinour, Chris Gorman, Bryan Jordan, Morgan Stanley, That's, Charles Schwab, Schwab, We're, Macy's, Albert Bourla, Myers, Meyers, Eli Lilly, let's, Mills, Campbell Soup, WK Kellogg, McCormick, Neutrogena, Johnson, Edwards, Zimmer Biomet, Becton Dickenson, Baxter, BAX, Ford, Hess, Tesla, Jim Cramer's, Jim Cramer, Jim, Michael M Organizations: Dominion, Federal Reserve, Nordstrom, Pfizer, Bristol, Myers, Hostess Brands, Novo Nordisk, PepsiCo, Hershey, Brands, Spice, Johnson, Moderna, American Electric Power, Duke Energy, Motors, JetBlue, EOG Resources, ConocoPhillips, Exxon Mobil, Nvidia, Apple, Federal Trade Commission, CNBC, Santiago, Getty Locations: Huntington, Memphis, Tennessee, Toronto, United States, Celgene, Bristol, New York City
Ousted OpenAI CEO Altman welcome in France, minister says
  + stars: | 2023-11-18 | by ( ) www.cnbc.com   time to read: +2 min
Sam Altman, CEO of OpenAI, speaks during The Wall Street Journal's WSJ Tech Live Conference in Laguna Beach, California on October 17, 2023. Ousted OpenAI CEO Sam Altman is welcome in France, France's digital minister said in a statement on X, a day after the board of the company behind ChatGPT fired Altman without giving a reason. "Sam Altman, his team and their talents are welcome in France if they want to," Digital Minister Jean-Noel Barrot said in a statement on X on Saturday. It uses generative AI meaning it can learn from past data to create new content including text, images and computer code. In a video message to tech leaders on Friday, Macron said generative AI has huge potential and that France plans a conference about AI in Paris next year.
Persons: Sam Altman, ChatGPT, Altman, Jean, Noel Barrot, Emmanuel Macron, OpenAI, Macron, Xavier Niel, Rodolphe Saade, Eric Schmidt Organizations: OpenAI, Tech, Conference, Digital, Microsoft, French CMA, CMA, U.S Locations: Laguna Beach , California, France, Europe, Paris, French
“Rustin,” a biopic that depicts how Rustin navigated a gantlet of personal and political hurdles to pull off the March on Washington, debuts on Netflix today. Rustin was the “glue guy” leader for the civil rights movement. Colman Domingo, center, as Bayard Rustin in "Rustin," which premiered Nov. 17 on Netflix after a brief run in theaters. Colman Domingo as Bayard Rustin exhorts young civil rights volunteers in a scene from "Rustin." Some of that patriotism may seem naïve now, but it furnished the civil rights movement with tremendous vitality.
Persons: Bayard Rustin, Clark, Rustin, Martin Luther, , Puddington, “ He’d, ” Puddington, “ Rustin, , Michelle Obama’s, “ Bayard Rustin, Michael G, George C, Wolfe, Colman Domingo, Martin Luther King Jr, ” Rustin, it’s, Malcolm X, Elijah Muhammad, Malcolm, Philip Randolph, Glynn Turman, Randolph, King, King —, Gandhi, ” Bayard Rustin, Donaldson, Michael Ochs, King he’s, Black, Omar Bradley, Parrish Lewis, Netflix Rustin, Ella Baker, Ying, Yang, Martin, Rebecca Solnit, “ Hope, ” Solnit, Bayard Rustin exhorts, David Lee, President’s, Obama’s, “ Bayard, Martin Luther King's, American Gandhi, Mr, Cathy Young, ” John Blake Organizations: CNN, Washington, Netflix, Rustin, Lincoln Memorial, Denver Post, of Prisons, Michael Ochs Archives, Getty, NBA, , Society, Freedom, Quaker Locations: Washington, Inside Ashland, , Islam, Vietnam, India, Pennsylvania's Lewisburg, American, America, Europe, New York City
REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsLOS ANGELES, Nov 17 (Reuters) - Three music publishers are asking a federal court judge to issue a preliminary injunction that would prevent artificial intelligence company Anthropic from reproducing or distributing their copyrighted song lyrics. The three publishers filed a suit against Anthropic on Oct. 18, which accused the San Francisco company of "systematic and widespread" infringement of their copyrighted song lyrics. The publishers allege Anthropic "profits richly" from its infringement of their repertoires of copyrighted works, achieving a valuation of $5 billion while paying "nothing" to publishers or their songwriters. "Anthropic must not be allowed to flout copyright law," the publishers said in a court document supporting its request for a preliminary injunction. "If the court waits until this litigation ends to address what is already clear -- that Anthropic is improperly using publishers' copyrighted works -- then the damage will be done."
Persons: Dado Ruvic, ” Anthropic, Anthropic, Claude, Don McLean's, Buddy Holly, Dawn Chmielewski, Mary Milliken, Franklin Paul Organizations: REUTERS, Universal, Concord Music, ABKCO, Reuters, Anthropic, San, Franklin Paul Our, Thomson Locations: San Francisco, Los Angeles
Roth MKM downgrades ChargePoint to neutral from buy Roth said it's concerned about weak demand for charging equipment. UBS upgrades Pacific Biosciences to buy from neutral UBS said the biotech company has growth potential. Citi reiterates Microsoft as buy Citi said it's standing by its buy rating on the stock. Morgan Stanley upgrades Analog Devices to overweight from equal weight Morgan Stanley said the bottom is in sight for the semiconductor company. Truist initiates Dick's as buy Truist said in its initiation of the stock that it sees an attractive buying opportunity. "
Persons: Evercore, Roth, it's, CHPT, Wolfe, underperform Wolfe, RBLX, GitLab, Hubbell, Morgan Stanley, Carvana, Raymond James, Cava, Redburn, Piper Sandler, Piper, buybacks, Baird, Truist, Lululemon, Kimberly, Clark Organizations: EV, UBS, Pacific Biosciences, Citi, Microsoft, Barclays, JPMorgan, HSBC, UW, downgrades, Products, Nvidia, Coherus BioSciences, Goods, Zim Locations: ChargePoint, billings, 2Q24
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