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☆ The Indian market isn't overcapitalized: Venture Capitalist
▼ + stars: | 2024-09-25 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Indian market isn't overcapitalized: Venture CapitalistAmit Anand of Jungle Ventures explains why he's optimistic about India's venture capital scene.

Persons: Amit Anand Organizations: Venture, Jungle Ventures

President Joe Biden will address the United Nations General Assembly for the final time as commander in chief Tuesday morning amid the spiraling conflict in the Middle East, Russia’s ongoing war in Ukraine and growing global concerns about China’s influence. They are also Biden’s first remarks before the General Assembly since Hamas’ attack on Israel in October and the conflict that has ensued in Gaza, killing thousands of civilians. He’ll speak to the leaders of other nations as hope for a cease-fire deal between Israel and Hamas has dimmed. As Israel continues its battle with Hamas, its conflict with Iran-backed Hezbollah has also escalated in recent days. Other key speakers expected at the General Assembly include Iran’s new president, Masoud Pezeshkian; Ukrainian President Volodymyr Zelenskyy; Palestinian Authority President Mahmoud Abbas; and Israeli Prime Minister Benjamin Netanyahu.

Persons: Joe Biden, Kamala Harris, Donald Trump, Israel, John Kirby, Biden, ” Kirby, Kirby, António Guterres, Masoud, Volodymyr Zelenskyy, Mahmoud Abbas, Benjamin Netanyahu, Sabrina Singh, ’, Antony Blinken, “, ” Biden, Trump Organizations: United Nations General Assembly, White, Hamas, National Security, U.N, United Nations, General Assembly, Palestinian, Defense Department, Foreign Ministry, Congressional Republicans Locations: Ukraine, Israel, Gaza, Iran, Lebanon, New York, Sudan, United States, U.S, Mexico, Ukrainian, Wilmington , Delaware, Australia, India, Japan, China, Afghanistan

☆ TikTok is abandoning its plan to take on Spotify in music streaming
▼ + stars: | 2024-09-24 | by ( Dan Whateley | ) www.businessinsider.com time to read: +4 min

Read previewTikTok is shutting down its music-streaming app, TikTok Music, on November 28. AdvertisementIt's unclear how successful TikTok Music was at building a user base in the five countries where it launched. On Apple's app store, TikTok Music is the 28th most popular music-streaming app in Indonesia and the 71st most popular in Brazil. Why not send those TikTok music fans to a streaming app it owns? Going forward, the company will likely focus on its "Add To Music App" feature, which lets TikTok users add songs or pre-save tracks they hear on TikTok to other streaming services like Spotify, Amazon Music, and Apple Music.

Persons: —, Ole Obermann, TikTok, ByteDance, SiriusXM, hasn't Organizations: Service, Business, TikTok, Universal Music Group, YouTube, Spotify, Amazon Music, Apple Music Locations: Indonesia, Brazil, Singapore, Australia, Mexico, India

☆ Nomura: India and China both 'very investable' but India is better in the long term
▼ + stars: | 2024-09-24 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNomura: India and China both 'very investable' but India is better in the long termGareth Nicholson of Nomura discusses opportunities in Indian and Chinese markets, and explains why he believes India has better long-term prospects than China.

Persons: Gareth Nicholson, Nomura Organizations: Email Nomura Locations: India, China

☆ Huge diamond necklace worn to 2 British coronations goes on sale
▼ + stars: | 2024-09-24 | by ( Amarachi Orie | ) edition.cnn.com time to read: +4 min

CNN —A diamond necklace that has been worn at two British coronations, and is thought to have stones from the infamous necklace at the heart of a Marie-Antoinette scandal, is expected to fetch up to $2.8 million at auction. PA Images/Getty ImagesAfter the family parted with the diamond piece in the 1960s, it was exhibited in the American Museum of Natural History before being acquired by a private collector. Sotheby'sThe piece consists of three rows of diamonds that trail on either side into a diamond tassel. A glittering scandalSome of the diamonds from the necklace may have come from the piece at the heart of the “Affair of the Diamond Necklace” scandal, according to the auction house. The necklace, in the hands of a trickster, had in the meantime actually been broken up and sold in London.

Persons: Marie, Antoinette, Royal, Noble, Sotheby’s, Marjorie Paget, marchioness of, King George VI, Queen Elizabeth II, Lady Woolton, Marquess, Marchioness, ”, Andres White Correal, Hope Diamond, Louis XVI, of, Queen Organizations: CNN, Westminster Abbey, American Museum of Locations: Sotheby’s, London, Geneva, Switzerland, Anglesey, marchioness of Anglesey, Europe, Middle, Golconda, of France

☆ JPMorgan CEO Jamie Dimon warns 'geopolitics is getting worse'
▼ + stars: | 2024-09-24 | by ( Dylan Butts | ) www.cnbc.com time to read: +2 min

Jamie Dimon, Chairman and Chief Executive officer (CEO) of JPMorgan Chase & Co. (JPM) speaks to the Economic Club of New York in Manhattan in New York City, U.S., April 23, 2024. A year after Jamie Dimon named geopolitics as the world's biggest risk, JPMorgan Chase's CEO sounded the alarm again, warning that the state of global stability has gotten worse. During his visit to India, Dimon said in an exclusive interview with CNBC-TV18 released Tuesday: "My caution is all geopolitics, which may determine the state of the economy." "Geopolitics is getting worse, they are not getting better. The interview came almost a year after Dimon had called geopolitics, after Russia's invasion in Ukraine, the biggest risk that he sees facing the world, larger than high inflation or a U.S. recession.

Persons: Jamie Dimon, Dimon, Yemen's, I'm Organizations: JPMorgan Chase & Co, Economic, of New, JPMorgan, CNBC, TV18, ., Federal Reserve, Traders Locations: of New York, Manhattan, New York City, U.S, India, Red, Ukraine, Russia

☆ CSIS: Trump & Harris diverge on India-US economic ties
▼ + stars: | 2024-09-24 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCSIS: Trump & Harris diverge on India-US economic tiesRichard Rossow, Chair in U.S.-India Policy Studies at CSIS, compares where Harris and Trump could align and diverge on India policy, adding that military ties will likely deepen regardless of election results.

Persons: Harris, Richard Rossow, Trump Organizations: CSIS, Trump, Studies Locations: India

☆ Jamie Dimon says an 'evil axis' of countries threatening war is the biggest risk to the world economy in the next century
▼ + stars: | 2024-09-24 | by ( Matthew Fox | ) www.businessinsider.com time to read: +1 min

Jamie Dimon warns rising geopolitical tensions could weaken the global economy and stock markets. He labeled Iran, North Korea, and Russia an "evil axis" and criticized China's approach to geopolitics. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementJPMorgan CEO Jamie Dimon warned that investors are overlooking a key risk that could significantly weaken the global economy and stock markets over the next century. You have a lot of war taking place right now," Dimon told CNBC-TV18 during a visit to India on Tuesday.

Persons: Jamie Dimon, —, Dimon Organizations: Service, CNBC, TV18, Business Locations: Iran, North Korea, Russia, India

☆ Harris’ Georgia challenge: reassembling Biden’s diverse 2020 coalition
▼ + stars: | 2024-09-24 | by ( John King | ) edition.cnn.com time to read: +12 min

Georgia voter Christine Nguyen and John King in Decatur, Georgia CNNRebel Teahouse is in Decatur, in reliably blue suburban DeKalb County just outside Atlanta. It is one of the places that helped Biden to his stunning, razor-thin 2020 Georgia win and is now a key test of whether Harris can assemble a similar winning coalition. “Absolutely no,” was Gardner’s answer when we asked whether the switch from Biden to Harris would make him rethink. Republican George W. Bush won 66% in Gwinnett in 2004; in 2020, Biden carried the county with 58%. CNNLike Ngyuen, Hallmon sometimes finds herself in debates over whether Harris or Trump is better for small business and the overall economy.

Persons: Kamala Harris, Christine Nguyen, “, ” Nguyen, That’s, Nguyen, Joe Biden, Donald Trump, Harris, –, John King, Biden, Trump, Biden’s, Kamala, ” Harris, ”, Jan Gardner, ” John King, Suresh Sharma, CNN Suresh Sharma, ” Sharma, Sharma, Republican Mitt Romney, Cobb, ‘, Harris Chantá Villano, Willis, Villano, I’ve, ” Villano, ” Willis, ” Kim Cavaliere, Republican George W, Bush, Cavaliere, ” Cavaliere, ” Hallmon, Hallmon, ’ Hallmon, Martin Luther King Jr, Lakeysha Hallmon, that’s Organizations: Georgia CNN, Biden, Trump, Democratic, Decatur , Georgia CNN, Black, White, CNN, Statewide, American, Pacific Islanders, NASA, General Electric, Republican, Republican Party, Washington, Retail, Sears, Ward Locations: Decatur, Georgia, battlegrounds, Decatur , Georgia, DeKalb County, Atlanta, United States, India, Jamaica, Vietnam, Marietta, Cobb County, Mexico, Powder Springs, MAGA, cryptocurrencies . Georgia, Powder Springs , Georgia, Massachusetts, Gwinnett County, Gwinnett, Ponce City, Atlanta’s

☆ Foreign investors are diversifying investments in India, says JPMorgan
▼ + stars: | 2024-09-24 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailForeign investors are diversifying investments in India, says JPMorganKaustubh Kulkarni of the investment bank says the breadth of sectors investors are deploying capital into has "increased in a meaningful manner" in the last three years.

Persons: Kaustubh Kulkarni Locations: India

☆ Venture Capitalist: India's AI sector is 'well-entrenched' in the developed market
▼ + stars: | 2024-09-24 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailVenture Capitalist: India's AI sector is 'well-entrenched' in the developed marketSunil Goyal, Managing Director and Fund Manager of YourNest Venture Capital, discusses the investment opportunities in India's AI sector.

Persons: Sunil Goyal Organizations: Email Venture, YourNest Venture Capital

☆ Astronomers spot the most massive black hole jets ever observed
▼ + stars: | 2024-09-24 | by ( Ashley Strickland | ) edition.cnn.com time to read: +10 min

CNN —Astronomers have observed a massive pair of jets releasing from a supermassive black hole 7.5 billion light-years from Earth. The megastructure spans 23 million light-years in length, making these black hole jets the largest ever seen, according to new research. Black hole jets can accelerate radiation and particles close to the speed of light, causing them to glow in wavelengths visible to radio telescopes. The massive black hole jets could help answer both. Martijn Oei (pictured), lead author of the new study, and his colleagues will continue their search for massive black hole jets.

Persons: Martijn Oei, ” Oei, Europe’s, Oei, “, Aivin Gast, Gast, LOFAR, “ Aivin, Porphyrion, NASA's, Powell, Nelson, Martin Hardcastle, Sasha Tchekhovskoy, ”, Tchekhovskoy Organizations: CNN —, California Institute of Technology, Astrophysics, University of Oxford, NASA, JPL, Caltech, CNN, Keck, NASA's Goddard, University of Hertfordshire, Northwestern University Locations: India, Hawaii, England

☆ Biden looks to burnish foreign policy legacy at the UN as leaders grapple with a world on fire
▼ + stars: | 2024-09-24 | by ( Sam Fossum | Kayla Tausche | ) edition.cnn.com time to read: +10 min

CNN —After more than five decades at the forefront of United States foreign policy, President Joe Biden may have hoped to use his speech to over a hundred world leaders at the United Nations General Assembly in New York to burnish both his own legacy and the country’s leadership on the world stage. “The world has changed, and the world’s gotten more difficult in many ways,” one senior administration official said. Election loomingIn New York, world leaders will find themselves grappling with the growing list of global flashpoints – all while an election just weeks away looms over the US’ role as the democratic world’s champion, benefactor and leading arms supplier. While Biden will be formally representing the US at the table, former president Donald Trump and Vice President Kamala Harris are separately meeting with world leaders to bolster relationships and outline their own goals. This will be followed by a meeting focused on Ukraine reconstruction with world leaders – a critical topic ahead of Biden’s meeting with Zelensky later this week.

Persons: Joe Biden, Biden, ” Biden, ” –, Ukraine –, Volodymyr Zelensky, ”, Donald Trump, Kamala Harris, –, We’re, ” Ali Zaidi, Zelensky, Sheikh Mohamed bin Zayed Al Nahyan, we’re, Linda Thomas, Greenfield, Jon Alterman, ” Alterman, ” Thomas, “ Organizations: CNN, United, United Nations General Assembly, General, White House White, Global Coalition, United Nations, Hezbollah, UN Security Council, UN, Center for Strategic, International Studies, US, Biden Locations: United States, New York, Israel, Lebanon, Gaza, Ukraine, Lebanon’s, Russia, China, White, Vietnam, Southeast Asia, Australia, India, Japan, Wilmington, United Arab Emirates, Sudan, “, Africa, Greenfield

The international poverty line, which the U.N. uses to measure global poverty, is very low. The international poverty line is valuable because it has succeeded in drawing the world’s attention to the extreme poverty of the world’s very poorest people. But to end poverty in all its forms everywhere, studying this poverty line alone is not enough. One way to see whether this higher poverty line is reasonable is to check whether it aligns with established national poverty assessments. For this, we need an appropriately ambitious poverty line that receives the same attention as the low international poverty line.

Persons: Michail Moatsos, ”, Lant Pritchett, Lyndon Johnson Organizations: The New York Times, Getty Images, United Nations General Assembly, Democratic, Bank, World Bank Locations: adulthood.Today, New York City, Mozambique, Democratic Republic of Congo, ”, Bolivia, Nigeria, India, United States, Denmark, Switzerland, Netherlands, Norway

☆ Marxist-leaning president takes power in Sri Lanka, a country long led by dynasties
▼ + stars: | 2024-09-23 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +2 min

COLOMBO — Sri Lanka’s leftist leader Anura Kumara Dissanayake took office as president on Monday, promising change in the island nation long led by powerful political families which is emerging from its worst economic crisis in more than seven decades. Supporters of Sri Lanka's newly elected President Anura Kumara Dissanayaka, celebrate in Colombo. Before Monday’s swearing-in, Prime Minister Dinesh Gunawardena resigned to make way for the new prime minister and his cabinet. Sri Lanka’s sovereign dollar bonds shed 2.88 to 3.28 cents on the dollar in early trade on Monday to bid between 49.14 and 49.77 cents. Sri Lanka’s close neighbors India, Pakistan, and the Maldives also congratulated Dissanayake on his win, along with China, the largest bilateral creditor.

Persons: Anura Kumara Dissanayake, Lankans, “, ” Dissanayake, Sri Lanka's, Anura Kumara Dissanayaka, Ishara, Ranil Wickremesinghe, ”, beautician, Dinesh Gunawardena, Gotabaya Rajapaksa, Dissanayake, Sri Lanka’s Organizations: Sri, Kodikara, Getty, International Monetary Fund Locations: COLOMBO, Colombo, AFP, India, Pakistan, Maldives, China

☆ India rules out joining RCEP, accuses China of non-transparent trade practices
▼ + stars: | 2024-09-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIndia rules out joining RCEP, accuses China of non-transparent trade practicesIndian Commerce and Industry Minister Piyush Goyal said that it was not in India's interest to do a free trade agreement with China.

Persons: Piyush Goyal Organizations: RCEP, Indian Commerce and Industry Locations: China

☆ US to return 297 antiquities to India
▼ + stars: | 2024-09-23 | by ( Chris Lau | ) edition.cnn.com time to read: +2 min

CNN —The US is returning 297 history-spanning antiquities stolen or smuggled from India, many dating back centuries. In July, the US and India signed an agreement to protect cultural property by preventing illegal trades and streamline the process to return stolen antiquities back to India. “Prime Minister (Modi) thanked President Biden for his support in the return of these artifacts,” the India’s Ministry of External Affairs said. India has faced an uphill battle in protecting its valuable cultural treasures from looters, though it has been making headway in recent years. In 2022, the US returned 307 stolen treasures to India as part of a 15-year investigation into international trafficking networks.

Persons: Joe Biden, Narendra Modi, “, Biden’s, Modi, Biden, Subhash Kapoor Organizations: CNN, Indian, “, India’s, External Affairs, US, Indian Ministry, State Department’s Bureau, Educational, Cultural Affairs Locations: India, Eastern India, Wilmington , Delaware, Japan, Australia, Central India, New York

☆ India rules out joining world’s largest trade deal, accuses China of 'very opaque' trade practices
▼ + stars: | 2024-09-23 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +2 min

Anadolu | Anadolu | Getty ImagesIndia's commerce minister rejected the idea of joining the Regional Comprehensive Economic Partnership, the world's largest trade deal, maintaining that it is not in the country's interest to be part of a free trade agreement with China. Negotiations for the RCEP started in 2013 and initially included India, which some members viewed as a counterbalance to China. However, in 2019, India chose not to join RCEP, citing unresolved "core interest" issues. Goyal noted that at that time, India already had a free trade agreement with ASEAN, Japan and Korea, as well as a bilateral trade with New Zealand worth $300 million. "It was not in our farmers' interest, RCEP did not reflect the aspirations of our small and micro medium industries and sector, and in some form, was nothing but a free trade agreement with China," he said.

Persons: Industry Piyush Goyal, CNBC's Tanvir Gill, Goyal, RCEP Organizations: Anadolu, Getty, Regional Comprehensive Economic, ASEAN, Commerce, Industry, —, Association of Southeast Asian Nations, RCEP, New Zealand, Trade, Semiconductor Locations: China, India, Asia, South Korea, Japan, Australia, New Zealand, Korea

☆ The RBI has 'a problem of plenty' when it comes to its current account: JPMorgan
▼ + stars: | 2024-09-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe RBI has 'a problem of plenty' when it comes to its current account: JPMorganSajjid Chinoy of JPMorgan says India's foreign exchange reserves has allowed it to have a degree of monetary policy independence and that in a polycrisis world, having "more is better".

Organizations: JPMorgan Sajjid, JPMorgan

☆ Janet Jackson tells interviewer she's heard Kamala Harris is not Black, echoing election disinformation
▼ + stars: | 2024-09-22 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Dennis-Romero-Circle-Byline-Template.Jpg | Dennis Romero | ) www.nbcnews.com time to read: +3 min

Echoing well-trodden disinformation that has infected the U.S. presidential election, pop icon Janet Jackson said she has heard Vice President Kamala Harris is not Black. Jackson is quoted as saying during the interview in her adopted hometown of London. The author wrote that she responded with a correction, telling Jackson that Harris does have Indian heritage but is also Black. Father Donald J. Harris, an economist and Stanford University professor emeritus, was born in Jamaica and is Black. "I think either way it goes is going to be mayhem," Jackson is quoted as saying.

Persons: Janet Jackson, Kamala Harris, Jackson, Harris, “, ” Jackson, ”, Donald Trump, Joe Biden, Trump, Shyamala Gopalan, Father Donald J, Joe Jackson, Brother Michael Jackson, LaToya, Justin Timberlake Organizations: The Guardian, Resorts, National Association of Black Journalists, Stanford University, Guardian, Super Locations: London, Houston, India, Jamaica

☆ Quad group expands maritime security cooperation at Biden's farewell summit
▼ + stars: | 2024-09-22 | by ( ) www.cnbc.com time to read: +5 min

US Secretary of State Antony Blinken (R) prepares to pose for a group photo with Australia's Foreign Minister Penny Wong (2nd R), Japan's Foreign Minister Yoko Kamikawa (2nd L) and India's Foreign Minister Subrahmanyam Jaishankar (L) at the start of their Quad Ministerial Meeting at the Iikura Guest House in Tokyo on July 29, 2024. The leaders announced joint coast guard operations next year that will include Australian, Japanese and Indian personnel spending time on a U.S. coast guard vessel. The leaders' joint statement included sharp language about North Korea, condemning its ballistic missile launches and "malicious cyber activity." "But I think China's recent maritime aggression could be changing the equation for India and could be prompting India to become a bit more open to the idea of Quad security cooperation," she said. Before the summit, Albanese met with Biden at his home and discussed bilateral cooperation between the two close allies across defense and security, including in the Indo-Pacific.

Persons: Antony Blinken, Penny Wong, Yoko Kamikawa, Subrahmanyam Jaishankar, Joe Biden, Biden, Fumio Kishida, Narendra Modi, Anthony Albanese, Xi Jinping, he's, Lisa Curtis, Kishida, Modi, Albanese, Donald Trump, Kamala Harris Organizations: Australia's Foreign, Japan's, India's, of, Indian, Australian, Pacific Partnership, Maritime Domain, House, Analysts, East China Seas, East China, U.S, China, Center, New, New American Security, congressional Locations: Tokyo, of Australia, India, Japan, United States, China, Delaware, U.S, Beijing, South China, South, East, Taiwan, Philippines, Brunei, Malaysia, Vietnam, North Korea, Islands, Southeast Asia, Asia, New American, Australia, Philadelphia

☆ Foreign leaders jostle for meetings with Trump and Harris, even as Biden ramps up his diplomacy
▼ + stars: | 2024-09-22 | by ( Kevin Liptak | ) edition.cnn.com time to read: +8 min

Trump may hold meetings with world leaders that his campaign does not announce in advance, explained sources close to the campaign. “While President Biden will be there, he will be there as a lame duck. Since leaving office, Trump has held regular conversations with foreign leaders. Foreign leaders are among the most ardent consumers of American political news, looking for clues of what the future may hold through polls, private conversations and diplomatic information gathering. It’s not unprecedented for presidential candidates to line up meetings with foreign leaders ahead of an election.

Persons: Joe Biden, Kamala Harris, Donald Trump, Harris, Volodymyr Zelensky, Biden, Trump, It’s, ”, Jon Alterman, “ It’s, ” Alterman, it’s, Mohamed bin Zayed, hasn’t, Zelensky, ’, He’s, Hungary’s Viktor Orbán, Narendra Modi, Modi, Trump’s, Andrzej Duda, Duda, Namaste Trump, Howdy Modi, Hillary Clinton, Shinzo Abe, Petro Poroshenko, Clinton, Abdel Fattah el, Barack Obama Organizations: Washington CNN —, United Nations General Assembly, White, UN, Trump, United, United Arab Emirates, Harris, Middle, Center for Strategic, International Studies, Indian, Japanese, Ukrainian Locations: Delaware, combatting, Washington, United Arab, New York, Switzerland, Michigan, India, Brazil, China, Pennsylvania, Doylestown, Gujarat State, Houston

☆ This Chinese stock has a big U.S. buyer in consumer tech aimed at the smart glasses market
▼ + stars: | 2024-09-22 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +3 min

Smart glasses, many with components made in China, are emerging as an up-and-coming category as the fall consumer technology product season gets underway. Snap has revealed augmented reality glasses ; Meta is expected to do so at its own event starting Sept. 25. The Facebook-parent's Ray-Ban Meta Smart Glasses are already seeing traction, HSBC's Frank He, head of technology hardware research for mainland Chinese stocks, pointed out in a report earlier this month. The roughly $300 Ray-Ban Meta smart glasses allow users to take pictures, short video clips, listen to music and interact with Meta's AI features, according to promotional materials. For the year through July, the optical company's non-smartphone camera module shipments surged about 61%, which HSBC attributes to "brisk sales" of Ray-Ban Meta Smart Glasses.

Persons: parent's Ray, Frank He, Sunny, Ray, Sunny Optical's, — CNBC's Michael Bloom Organizations: HSBC, Ray, U.S, Hong, JPMorgan, HK Locations: China, Hong Kong, Vietnam, India, Europe, U.S, Friday's

☆ There's a Reason Elon Musk Isn't Fighting for Speech Rights in France: Expert
▼ + stars: | 2024-09-22 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +6 min

AdvertisementBut an expert on corporate law told Business Insider that there's a reason the billionaire isn't taking his battle of free speech principles to, say, France. Musk has previously complied with content moderation requests from other governments, including the increasingly authoritarian nations of Turkey and India. In 2023, he indicated he would abide by the European Union's rulebook on content moderation, known as the Digital Services Act, Politico reported. Alon-Beck told BI that, in countries like France with strict laws around content moderation, Musk is no different than Durov, and she would expect he could be arrested if he continues to push the boundaries of local content moderation laws. AdvertisementRepresentatives for X, Telegram, and the Brazilian Supreme Court did not immediately respond to requests for comment from Business Insider.

Persons: —, Elon Musk, X, Musk, Alexandre de Moraes, cosplaying, ZIV8KbDCmk — Elon, isn't, Pavel Durov's, Pavel, Anat Alon, Beck, Pavel Durov, Durov, Alon, Elon, Tucker Carlson Organizations: Service, Elon, New York Times, Brazil's, SpaceX, Business, The Times, Case Western Reserve University's School of Law, Alon, Digital Services, Politico, Telegram, X, Brazilian Locations: Brazil, France, Turkey, India

☆ Inside the island fortress of America's mega-billionaires
▼ + stars: | 2024-09-22 | by ( Guthrie Scrimgeour | ) www.businessinsider.com time to read: +21 min

An Israeli-designed radar system encircling the island can detect passersby, in low visibility, from half a mile away. Often described as "butlers with badges," the Indian Creek police force is unlike most of its counterparts. The Indian Creek radar can detect objects on the water and use artificial intelligence to classify them according to the risk they pose. With the new security system, the Indian Creek police appear to have turbocharged their enforcement of regulations in the surrounding waters. Properties in the neighborhood are also being bought up by opaquely named LLCs tied to Indian Creek residents.

Persons: —, I've, I'm, — they're, Norman Braman's, Tom Brady, Carl Icahn, Jeff Bezos, we've, Tiffany, William Henry Hoover, Frank Woolworth, Saratta, Gerardo Vildostegui, Vildostegui, it's, Irma Braman, Bernard Klepach —, Mike Bullman, Chandan Khanna, Justin Ross, who's, Ross, Gail Golden, Javier Holtz, Marko Gojanovic, Gojanovic, he's, Dina Goldentayer, Don Shula, opaquely, LLCs, Julio Iglesias, Surfside, Tim Will, Will, America's, Elon Musk, you'd, there's, Brian Daniel, Low, John Bernardo, Klepach, Guthrie Organizations: Public Space Research, City University of New, Indian, Jewish, Indian Creek Country, Security Solutions, Police, Getty, Biscayne, Indian Creek Police, Marquis Bank, Miami Dolphins, BI, CUNY Locations: Indian, Biscayne Bay, America, Miami, Qatar, Israeli, City University of New York, Florida, Surfside, Surfside's, York City, United Kingdom, Japan, Germany, India, stoke, Washington , DC

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