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☆ Samsung really wants to outsmart Apple in the Galaxy-iPhone battle
▼ + stars: | 2024-07-06 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +5 min

From the city of Suwon, Samsung — the family-led titan of Korean industry — has been the world's top smartphone seller, beating Apple. Last month, Apple unveiled Apple Intelligence, a vision of generative AI that will give its devices a total refresh. In doing so, Apple hopes to inspire consumers to upgrade their iPhones so they can access its suite of AI features. (Only newer models like the iPhone 15 Pro and upcoming iPhone 16 line-up will offer Apple Intelligence). It debuted Galaxy AI, its first take on generative AI features for its devices, at the January launch of its flagship Galaxy S24 range.

Persons: —, Lee Jae, Park, Lee, Siri Organizations: Service, Samsung, Apple, Business, IDC, Samsung Electronics, Bloomberg, South, Apple Intelligence, AI, Samsung Galaxy, Google Locations: South, Suwon, Paris, China

☆ Students Target Teachers in Group TikTok Attack, Shaking Their School
▼ + stars: | 2024-07-06 | by ( Natasha Singer | ) www.nytimes.com time to read: 1 min

In February, Patrice Motz, a veteran Spanish teacher at Great Valley Middle School in Malvern, Pa., was warned by another teacher that trouble was brewing. Some eighth graders at her public school had set up fake TikTok accounts impersonating teachers. Ms. Motz, who had never used TikTok, created an account. “Answer: Sí.”In the days that followed, some 20 educators — about one quarter of the school’s faculty — discovered they were victims of fake teacher accounts rife with pedophilia innuendo, racist memes, homophobia and made-up sexual hookups among teachers. Hundreds of students soon viewed, followed or commented on the fraudulent accounts.

Persons: Patrice Motz, Motz, — Organizations: Middle Locations: Spanish, Malvern , Pa, ”

☆ The ‘fearless young activists’ thrown in jail for climate campaigns in Cambodia
▼ + stars: | 2024-07-06 | by ( Heather Chen | ) edition.cnn.com time to read: +9 min

“We demand that our friends in Mother Nature Cambodia, and all political prisoners, be released immediately,” said Fridays for Future, the youth-led global climate strike movement founded by Thunberg, in a statement. “Like what we are seeing with dictators in other countries, Cambodia is becoming more repressed,” said Alejandro Gonzalez-Davidson, a Spaniard who co-founded Mother Nature Cambodia over a decade ago, alongside local Cambodian activists. Environmental activists stage a mock funeral procession in the streets of Phnom Penh. Video footage showed activists Mother Nature Cambodia activists Ly Chandaravuth, Long Kunthea, Thun Ratha, Phuon Keoraksmey and Yim Leanghy surrounded by dozens of armed police officers and dragged away into waiting cars, bound for prisons across the country. “This week, a new generation of Cambodian activists was born – one that did not exist back in 2012,” he said.

Persons: Greta Thunberg, ”, Thunberg, Mu Sochua, “, ” “, ” Mu Sochua, Chantha Lach, Hun Sen –, Hun Manet, Hun Sen, Alejandro Gonzalez, Davidson, Pen Bona, Ole von Uexkuell, Magnus Lejhall, Gonzalez, Valeria Mongelli, –, Ly Chandaravuth, Long, Phuon Keoraksmey, Yim, Pilorge, lèse, Thameen Al, Kheetan Organizations: CNN, Nature Cambodia, Reuters, United States Agency for International Development, USAID, Nature, TT, Agency, AFP, Getty, Facebook, Court, Cambodian League, Promotion, Human, Journalists, ” United Nations Human Rights Locations: Cambodia, Nature, Reuters Cambodia, Nature Cambodia, Phnom Penh, Cambodian, Sweden, Stockholm, Sihanoukville, Thun

☆ This Italian vacation hotspot is turning tourists away as it runs out of water
▼ + stars: | 2024-07-06 | by ( Barbie Latza Nadeau | ) edition.cnn.com time to read: +9 min

CNN —Set atop a hill on the Italian island of Sicily, Agrigento is a heritage tourist’s paradise. Sicily began enforcing water restrictions in February when the region declared a state of emergency amid a relentless drought. Tourists at the Temple of Concordia, an ancient Greek archeological site outside of Agrigento in southern Sicily, Italy. Sicily’s regional president, Renato Schifani, said the island’s losses — between crops, empty reservoirs and dying livestock — have already topped €1 billion. “The consortium used to guarantee water rotation every five or six days,” he said, referring to a farmers representative group.

Persons: Leisa Tyler, LightRocket, “, ” Giovanni Lopez, Diana Santanchè, Summers, Marco Maccarrone, ”, Maccarrone, Fabrizio Villa, Nicola Farruggio, Francesco Picarella, ” Picarella, Luca Cammarata, He’s, Alberto Pizzoli, ANBI, Renato Schifani, CNN’s Antonia Mortensen Organizations: CNN, of, Sicilian, Italian National Institute for Environmental Protection, Research, Getty, Sicily’s Hotel Federation, Agrigento’s Hotel Federation, of Culture, Water Resources Locations: Sicily, Agrigento, Italy, Rome, Syracuse, Pergusa, Italian, Caltanissetta, Mount Etna, AFP

☆ She invited a stranger to join her on vacation in Italy. ‘It went from zero to 100, really, really quick’
▼ + stars: | 2024-07-05 | by ( Francesca Street | ) edition.cnn.com time to read: +25 min

“I was like, ‘Okay, let’s see what the guys look like in Vienna,’” Carter recalls. “If I’m going to meet up with this guy, I should FaceTime him to make sure he’s real,” she thought. “I was thinking, ‘This is either going to go really good or really bad,’” Carter recalls. “It went from zero to 100, really, really quick, in terms of comfort. And either I’m going to have to move here, or he’s going to have to move to America.

Persons: CNN — Carter Leathers, Italy –, Carter, Max Ratzenböck, ” Carter, Max, she’d, ’, “, ‘ I’m, ’ ”, whiling, ”, ’ ” Carter, I’d, it’s, I’m, Bumble, Max swiped, Max couldn’t, ” Max, Carter Ratzenböck Carter, Florence –, he’d, “ I’m, We’d, you’re, Carter’s, –, Pretty, Max's, Carter Ratzenböck, Florence’s, ” Here's Carter, marveling, He’s, they’d, ‘ We’re, They’d, Alex Katz, Austria who’d, “ It’s, “ I’ve, Max’s, ” Carter didn’t, Europe – she’d, Carter –, serendipitously, Max it’s, Max – Organizations: CNN, CNN Travel, Austrian, Opera House, Schönbrunn, Ferris, Viennese Opera, Vienna, Intelligence, ”, America Locations: Florence, Italy, Sacramento , California, Europe, California, Rome, Vienna, Austria, Austrian, Tuscany, Italian, Ponte Vecchio, osterias, ”, “, America, Sacramento, San Francisco, Napa Valley, Monterey, Paris, accilimatize, Ponte

☆ Semiconductor stocks just capped off a strong start to 2024. What to expect in the second half
▼ + stars: | 2024-07-05 | by ( Samantha Subin | ) www.cnbc.com time to read: +6 min

Wall Street is sticking with semiconductor stocks after its hot start to the year. SMH YTD mountain Share performance in 2024 That said, many investors and analysts expect another strong glide path for the industry in the second half. "The AI theme continues to remain very strong," said CFRA Research analyst Angelo Zino, who holds a buy rating on Nvidia. Many on Wall Street view this upcycle as a significant tail wind for Micron Technology as the industry edges out of its trough. But many on Wall Street viewed the sell-off as a buying opportunity , with Goldman Sachs analyst Toshiya Hari expecting market share gains in high-bandwidth memory.

Persons: frothiness, Angelo Zino, you've, Ken Mahoney, John Belton, we're, Management's Paul Meeks, that's, Harlan Sur, Baird, Ted Mortonson, Jeff deGraaf, CNBC's, Gabelli's Belton, Belton, Meeks, Goldman Sachs, Toshiya Hari, Hari, CFRA, Zino, Baird's Mortonson Organizations: VanEck Semiconductor, Nvidia, Devices, CFRA, Gabelli Funds, Broadcom, JPMorgan, KLA Corp, Cadence Design Systems, Micron Technology, Micron, Qualcomm, Apple Locations: unchartered

☆ Indian wedding industry: Elephants, Michelin stars and Mughal jewels make it a $130 billion business
▼ + stars: | 2024-07-05 | by ( Diksha Madhok | ) edition.cnn.com time to read: +9 min

Sujit Jaiswal/AFP/Getty ImagesThe Indian wedding industry has boomed since the country emerged from the pandemic. “And this is irrespective of the economic classes.”At about $15,000, the average Indian wedding costs more than three times the average annual household income. Indian weddings are often spread across several days, with an average guest list of 326, compared with 115 in the United States, according to The Knot Worldwide. Rihanna, couture and emeraldsThe average luxury Indian wedding can cost anywhere between $200,000 and $400,000, according to Jefferies. No luxury Indian wedding is complete without lavish meals, which at times involves flying in Michelin star chefs and the finest of ingredients from across the world.

Persons: Anant Ambani, Mukesh Ambani, Radhika Merchant, Mukesh Ambani’s, Tim Chi, Nita, Anant, Sujit Jaiswal, it’s, Jefferies, ” Jefferies, Nasir Kachroo, ”, Sima Taparia, Aditya Motwane, Priyanka Chopra, Nick Jonas, “, you’ve, Ambani’s, Mark Zuckerberg, Bill Gates, Rihanna, Motwane, —, Stringer, Knight Frank, Tina Tharwani, Nita Ambani, Olivier Polet, Tharwani, Virat, Vanessa Almeida, Almeida, videographers, Katy Perry, Andrea Bocelli, Rafiq Maqbool, Narendra Modi, ” Modi Organizations: New, New Delhi CNN, Silicon, CNN, Getty, Netflix, Motwane Entertainment, Shaadi, Michelin, Backstreet Boys Locations: New Delhi, Radhika Merchant . India, India, Mumbai, AFP, South Asia, Jammu, Kashmir, United States, Indian, Jamnagar, Monte Carlo, Jodhpur, Rajasthan, Florence, Indian Italian, Tuscany, Goa, Italian, Genoa

☆ Investors look to upcoming earnings to keep stock rally going
▼ + stars: | 2024-07-05 | by ( Krystal Hur | ) edition.cnn.com time to read: +6 min

New York CNN —With interest rate cuts on the backburner, Wall Street is looking to corporate earnings to continue powering the 2024 stock market rally. Analysts polled by FactSet expect second-quarter earnings of S&P 500 companies to grow about 8.7% on average from the prior year. Strong corporate earnings have helped the S&P 500 gain a whopping 16% and notch repeated record high closes this year. Since the Fed isn’t likely to cut rates anytime soon, the onus is on strong corporate earnings to continue driving the market rally. Earnings season kicks off July 12 when big banks including JPMorgan Chase, Wells Fargo and Citigroup report results.

Persons: FactSet, Jerome Powell, ”, Jeffrey Buchbinder, Wells, Dow, Lisa Shalett, Jessie Yeung, Hanako Montgomery, Junko Ogura, “, Tadashi Matsubara, ” Read, Laura He, Pan Gongsheng, Read Organizations: CNN Business, Bell, New York CNN, Federal, LPL, JPMorgan Chase, Citigroup, Nvidia, Microsoft, Meta, Dow Jones, Morgan Stanley Wealth Management, Kanpou, “, Beijing Money, Silicon Valley Bank, People’s Bank of China, prudential Locations: New York, Sintra , Portugal, Wells Fargo, Banks, Japan, Nepal, China, Beijing, Silicon, United States, Shanghai

☆ Wells Fargo gives its best tactical trades for the third quarter
▼ + stars: | 2024-07-05 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

Against this backdrop, Wells Fargo ran a screen looking for stocks that its analysts rate overweight, and that have positive catalysts in the third quarter quarter. Here's which stocks made the cut: Capital One has a potential catalyst if the Discover merger goes through, according to Wells Fargo. Wells Fargo is out of step on Wall Street, as the average analyst has a hold rating on Capital One. The typical price target implies nearly 16% upside, while Wells Fargo sees the stock soaring more than 37% from Monday's close. On the other hand, Wells Fargo said Tesla and Old Dominion Freight Line could see downside from negative catalysts in the third quarter.

Persons: Wells, Wells Fargo, LSEG, Tesla Organizations: Nasdaq, Algonquin Power & Utilities, Semiconductor, iShares Semiconductor, Old Dominion, Tesla Locations: Wells Fargo, Wells, Ontario, China, Monday's

☆ New Factories and Jobs Are Not Enough to Stem France’s Far Right Surge
▼ + stars: | 2024-07-05 | by ( Liz Alderman | ) www.nytimes.com time to read: +1 min

Between abandoned coal mines and an engine plant scheduled for closure, a gleaming new factory hovers like a phoenix over Billy-Berclau, a small industrial town in northern France. Inside, 700 newly hired workers are making next-generation electric vehicle batteries for the Automotive Cells Company — part of a grand project to revive the wider region’s flailing fortunes. A “Battery Valley” is rising here from the remains of industries that shuttered during a wave of globalization. “Industry is an anti-National Rally weapon, because in places where anger has risen, we’re restoring hope,” Roland Lescure, Mr. Macron’s deputy industry minister, said earlier this year. Billy-Berclau, and nearly every other town in this region of Pas-de-Calais handed a resounding victory last week to National Rally in parliamentary elections — a trend that is likely to be repeated in a final voting round on Sunday.

Persons: Berclau, Emmanuel Macron’s, ” Roland Lescure Organizations: Automotive Cells Company, “, Calais, Rally Locations: France, Pas

☆ The 10 most expensive places to buy a home in the U.S.—the top 5 are in California
▼ + stars: | 2024-07-05 | by ( Jade Thomas | ) www.cnbc.com time to read: +1 min

Half of the 10 most expensive places to buy a home in the U.S. in 2024 are in California, according to a recent study by SmartAsset. The study, which analyzed Zillow's housing data of the 100 largest metro areas in 2019, 2023 and 2024 found that median home sale prices have increased this year in all of the most expensive metro areas. While the Golden State is home to some of the country's wealthiest zip codes, it is also currently experiencing a housing shortage. What's happening in California is a snapshot of a larger national trend, with home prices now 47% higher than they were at the beginning of 2020. Here are the top 10 most expensive places to buy a home in the United States.

Organizations: National Association of Realtors, Golden State Locations: U.S, California, San Jose, Silicon Valley, Golden, United States

CNN —Israel’s government has approved a large land seizure in the occupied West Bank – the biggest since the 1993 Oslo Accords set out a path for peace between Israel and the Palestinians, according to the Israeli rights group Peace Now. The declaration covers a 1,270 hectare (3,138 acre) section of the Jordan Valley in the eastern West Bank near Jericho, the document from the Civil Administration shows. Once land is designated as state land, Israel no longer recognizes it as privately owned by Palestinians. Smotrich spoke about preventing the occupied West Bank from becoming a part of an independent Palestinian state, according to leaked audio of a speech he gave in June. On Sunday, Israel sparked condemnation after the finance minister announced plans to legally recognize five unauthorized Jewish settlements in the occupied West Bank.

Persons: CNN —, wasn’t, ”, Bezalel Smotrich, Smotrich, Israel Organizations: CNN, West Bank, Civil Administration, Israel, Israel’s Civil Administration, Peace, Planning, Israel’s, Defense Ministry, Higher Planning Locations: Oslo, Israel, Jordan, West Bank, Jericho, Palestinian

☆ Jeffrey Donaldson: Former top Northern Irish politician to stand trial over alleged sex offenses
▼ + stars: | 2024-07-03 | by ( Niamh Kennedy | ) edition.cnn.com time to read: +2 min

CNN —The former leader of Northern Ireland’s most prominent pro-union party, Jeffrey Donaldson, will stand trial over allegations of historical sex offenses including one charge of rape. Eleanor Donaldson, center, is also set to stand trial in September. Niall Carson/PADonaldson led the DUP from 2019, throughout much of the turbulent Brexit process, regularly voicing his opposition to the Northern Ireland Protocol, a key part of the Brexit withdrawal agreement that ensured there was no hard border between Northern Ireland and the Republic of Ireland. Donaldson’s trial was announced as people in Northern Ireland were preparing to vote in the UK general election. Northern Irish politicians can choose to either run for a seat in Westminster or for a seat in the devolved legislature, the Northern Ireland Assembly.

Persons: Jeffrey Donaldson, Donaldson, “, ”, Eleanor Donaldson, Niall Carson, Both Donaldson, RTÉ, Donaldson’s, Sinn Féin, Jonathan Buckley Organizations: CNN, Northern, Northern Ireland Courts, Democratic Unionist Party, PA Media, DUP, Republic of Ireland, Northern Ireland Assembly, Lawmakers, Nationalist Locations: Northern Ireland, Republic of, Westminster, Lagan

☆ Chinese government bonds are on fire. That’s ringing alarms bells in Beijing
▼ + stars: | 2024-07-03 | by ( Laura He | ) edition.cnn.com time to read: +7 min

“What worries policymakers is the interest rate risk, which will rise once the dominant narrative shifts from deflation to reflation,” Hu from Macquarie said. If that happens, bond yields will rise as investors switch back into riskier stocks. The country’s “4,000 or so small and medium-sized banks” will be particularly vulnerable to the interest rate risk, he added. “The bubble formed by the rush of funds into the bond market is accumulating interest rate risks,” the Securities Times said in an editorial. Economic risksThe rapid decline in Chinese bond yields also poses significant risks to the economy.

Persons: “, ”, Pan Gongsheng, SVB, Larry Hu, ” Hu, Macquarie, Hu, Zhang Jiqiang, Ken Cheung Organizations: Hong Kong CNN, Silicon Valley Bank, People’s Bank of China, prudential, “, Federal Reserve, Macquarie Group, Zheshang Securities, Securities Times, Japan’s Norinchukin Bank, Huatai Securities, Mizuho Securities Locations: Hong Kong, Silicon, United States, Shanghai, China, Beijing, SVB, outflows

☆ Some Californians Found Dream Homes Inland. But It Sure Is Hot There.
▼ + stars: | 2024-07-03 | by ( Jonathan Wolfe | Mike Kai Chen | ) www.nytimes.com time to read: 1 min

When Farwa Ali and her family wanted to buy a bigger home, Mountain House, Calif., seemed to check all of their boxes. The fast-growing community, just 40 miles inland from where they were living in the San Francisco Bay Area, offered good schools, a diverse population and dozens of large houses for sale within their budget. It seemed to be a perfect match — at least until their first summer, when the scorching temperatures of California’s Central Valley set in. “We never had an idea that it would be this hot,” Ms. Ali said on Tuesday as she darted through a grocery store parking lot where the temperature was well over 100 degrees.

Persons: Farwa Ali, “, Ms, Ali Organizations: Calif, San Francisco Bay Area Locations: House, San Francisco Bay

☆ U.S. Awards $504 Million for ‘Tech Hubs’ in Overlooked Regions
▼ + stars: | 2024-07-02 | by ( Madeleine Ngo | Ana Swanson | ) www.nytimes.com time to read: +1 min

The Biden administration awarded $504 million on Tuesday to a dozen projects across the country in a bid to transform communities that had been overlooked in the past into technological powerhouses. The grants will fund “tech hubs” that aim to bolster the production of critical technologies in regions including western Montana, central Indiana, South Florida and upstate New York. The hubs are meant to accelerate the growth of advanced industries in the United States, such as biomanufacturing, clean energy, artificial intelligence and personalized medicine. Proponents say the projects will help create “good-paying” jobs and tap into underutilized pools of workers and resources across the country. The idea of spreading technology funding beyond Silicon Valley helped the legislation win broader support from lawmakers representing parts of the country that were eager to benefit.

Organizations: Biden Locations: Montana, Indiana, South Florida, New York, United States, Silicon Valley

☆ How thousands of Americans got caught in fintech’s false promise and lost access to bank accounts
▼ + stars: | 2024-07-02 | by ( Hugh Son | ) www.cnbc.com time to read: +10 min

Craft had her wages deposited directly into a Yotta account and used the startup's debit card to pay for all her expenses. CNBC reached out to fintech customers whose lives have been upended by the Synapse debacle. Instead of spending years and millions of dollars trying to acquire or become banks, startups got quick access to essential services they needed to offer. They account for 60% of all new fintech account openings, according to data provider Curinos. The FDIC's exact language about whether fintech customers are eligible for coverage: "The short answer is: it depends."

Persons: Natasha Craft, Craft, fintech, Adam Moelis, Sankaet Pathak, Michele Alt, Scott Sanborn, Sanborn, LendingClub, she's, Rick Davies, Taylor Stitch, " Davies, He's, he's, Davies, hasn't Organizations: FedEx, CNBC, Federal Deposit Insurance Corp, Synapse, Indiana FedEx, Disney, Bank, Trust, JPMorgan Chase, Klaros, PayPal, Getty, Financial Technology Association, D.C, Block, Regulators, Federal Reserve, FDIC, Oakland, San, OCC Locations: Mishawaka , Indiana, Craft, Oakland , California, New York City, Santa Barbara , California, Maryland, Bristol , Connecticut, Seattle, Tennessee, Yotta, Boston, Washington, fintechs, Silicon, San Francisco

☆ Gen Z is ditching dating apps to meet people in real life. Here are 4 top tips.
▼ + stars: | 2024-07-02 | by ( Sawdah Bhaimiya | ) www.cnbc.com time to read: +2 min

Gen Z is tired of dating apps and would prefer meeting people in real life, but the tech-savvy generation isn't as experienced with navigating romance in person. Dating apps have been losing their appeal amongst singles in recent years, especially Gen Z, the generation born between 1997 and 2012. "It feels like signing up for dating apps makes tech boys and Silicon Valley investors richer," Guenther told CNBC Make It in an interview. It's a vulnerable thing to be in real life and go up and approach somebody or ask somebody on a date," Guenther said. Guenther and Courtney Boyer, a relationship and sexuality expert, shared four top tips for Gen Z to meet people in real life.

Persons: Jeff Guenther, Guenther, it's, Gen Z, Zers, Eventbrite, haven't, Courtney Boyer Organizations: CNBC, iPhones Locations: U.S, Silicon

☆ An ancient earthquake rerouted the Ganges River
▼ + stars: | 2024-07-02 | by ( Kate Golembiewski | ) edition.cnn.com time to read: +7 min

Now, for the first time, scientists have evidence that earthquakes can reroute rivers: It happened to the Ganges River 2,500 years ago. The study collected core samples of sand and mud from the Ganges Delta in depths up to nearly 300 feet below ground surface. Liz ChamberlainSediment reveals ancient secretsTo determine how long ago this massive earthquake hit, Chamberlain and her colleagues used a method called optically stimulated luminescence. “It’s directly measuring sand or mud grains and looking at when these sediment grains were last exposed to sunlight,” she said. Monitoring quakes todayIf a similar earthquake happened in the Ganges Delta today, more than 140 million people in the area could be affected.

Persons: ”, Elizabeth Chamberlain, Chamberlain, Steve Goodbred, ” Chamberlain, Michael Steckler, Rachel Bain, Liz Chamberlain, Jonathan Stewart, Syed Humayun Akhter, ” Kate Golembiewski Organizations: CNN — Earthquakes, Nature Communications, Wageningen University & Research, Steve, Columbia Climate School, Vanderbilt University, UCLA, Bangladesh Open University, Studies Locations: India, Bangladesh, Meghna, Bengal, Congo, Dhaka, Netherlands, New York, San Francisco, Nashville, Delta, Chicago

☆ An ex-Googler reveals why she's selling her construction startup to a Saudi company with still a year of runway in the bank
▼ + stars: | 2024-07-02 | by ( Melia Russell | ) www.businessinsider.com time to read: +6 min

She's now selling her startup to WakeCap, a Saudi Arabia-based company that has contracts with many of the kingdom's construction megaprojects such as "desert cities." Instead, Eisnor exited early, selling her startup to help it scale faster. WakeCapBuilt toughFor nine years, Eisnor had a front-row seat at a tech rocketship, Waze, the Israeli-born maps and navigation company. "There is a reality in construction software that a lot of the names that you might know, they're going to be hovering around, say, $10 million in ARR. Eisnor is staying on as chief strategy officer, and Crews by Core's chief technology officer, Gene Gutnik, now leads tech for the combined company.

Persons: Ann Eisnor, Crews, Eisnor, I'm, Caterina Fake's, Hassan Albalawi, Albalawi, Kajima, —, WakeCap's Albalawi, they're, Gene Gutnik, WakeCap Organizations: Service, Business, NFX, GV, Google, McKinsey & Company, Autodesk, Core, Core's Locations: Saudi Arabia, United States, Saudi, Silicon, Silicon Valley, Israeli, hyperscale, WeWork

☆ Supreme Court Declines to Rule on Tech Platforms’ Free Speech Rights
▼ + stars: | 2024-07-01 | by ( Adam Liptak | Abbie Vansickle | ) www.nytimes.com time to read: +1 min

Instead, the justices unanimously agreed to return the cases to lower courts for analysis. In the majority opinion, Justice Elena Kagan wrote that neither lower appeals court had properly analyzed the First Amendment challenges to the Florida and Texas laws. The laws were prompted in part by the decisions of some platforms to bar President Donald J. Trump after the Jan. 6, 2021, attack on the Capitol. Supporters of the laws said they were an attempt to combat what they called Silicon Valley censorship. The laws, they added, fostered free speech, giving the public access to all points of view.

Persons: Elena Kagan, Donald J, Trump Organizations: Republicans, Capitol Locations: Florida, Texas

☆ The Rubik’s Cube Turns 50
▼ + stars: | 2024-07-01 | by ( Siobhan Roberts | ) www.nytimes.com time to read: +1 min

A big math conference was underway and Dr. Rokicki, a retired programmer based in Palo Alto, Calif., had helped organize a two-day special session about “serious recreational mathematics” celebrating the 50th anniversary of the Rubik’s Cube. Dr. Rokicki instead recommends the old-fashioned strategy: Set out on a lone path and discover a solving method, even if it takes weeks or months. (It took the computer scientist Donald Knuth less than 12 hours, starting at his dining table in the evening and working straight through to the morning.) Mr. Rubik said that, yes, he indeed did corners-first. Mr. Rubik, who is known to take a philosophical approach to cubology and to life in general, added: “My method was understanding.”‘Cubitus magikia’

Persons: Bright, Tomas Rokicki, Rokicki, Erno Rubik, Rubik, Erik Demaine, Robert Hearn, Mr, Donald Knuth Organizations: Moscone, YouTube Locations: downtown San Francisco, Palo Alto, Calif, videoconference, Spain, Hungarian, Portola Valley

☆ The author of 'Silicon Valley's bible' is back with a new report predicting how life will change for students and teachers
▼ + stars: | 2024-07-01 | by ( Jaures Yip | ) www.businessinsider.com time to read: +3 min

Read previewMary Meeker is back with a new report about AI and education — and it predicts how life will change for both students and teachers. And after a four-year break since publishing a report, Meeker has returned to give her industry insights. For teachers, she writes that using AI to accelerate learning, even for students who miss out on in-person lectures, will be "a new art form." Related stories"As technology evolves and becomes more widely available, teachers should be able to save time and increase productivity," Meeker writes. "On the research side, technical resource availability, such as GPU access, will likely be key to differentiation/leadership," Meeker writes.

Persons: —, Mary Meeker, Morgan Stanley, Meeker Organizations: Service, Business, Bond, Universities

☆ See how different Elon Musk, Jeff Bezos, and other tech CEOs looked when they first started their companies
▼ + stars: | 2024-07-01 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +1 min

Some of Silicon Valley's biggest names are in their tech bro era. It wasn't always like this — many Big Tech CEOs have shed more nerdy personas from their startup days. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Other Big Tech leaders have significantly changed up their looks since starting their companies; some are nearly unrecognizable (we're looking at you, Jeff Bezos.) Here's a look at the style transformations of some of tech's biggest names:

Persons: —, Mark Zuckerberg, Jeff Bezos Organizations: Big Tech, Service

☆ Elon Musk gives a hint at just how much his AI chatbot cost to develop
▼ + stars: | 2024-07-01 | by ( Ana Altchek | ) www.businessinsider.com time to read: +3 min

Read previewElon Musk just hinted at how much it cost to make his AI chatbot Grok. Knowing how many H100 GPUs Musk is getting allows us to do some napkin math to figure out a rough estimate of the cost. Mark Zuckerberg said in January that Meta will have purchased about 350,000 Nvidia H100 GPUs by the end of 2024. Aravind Srinivas, founder and CEO of AI startup Perplexity, talked about getting turned down by a Meta AI researcher he was trying to poach in part because of Zuckerberg's huge collection of AI chips. 'Come back to me when you have 10,000 H100 GPUs,'" Srinivas said.

Persons: —, Elon, chatbot, Hopper, Musk, Nicolai Tangen, xAI, Mark Zuckerberg, Meta, Aravind Srinivas, Srinivas Organizations: Service, Business, Nvidia, Twitter, Meta Locations: Silicon Valley

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