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This year's Cannes Lions ad festival is taking place as advertisers are reeling from major shifts. The Cannes Lions organizers said that none of the three execs have been confirmed as speakers. Generative AI must boost creativity without stealing jobsThe rapid rise of generative AI took the advertising and media worlds by storm. Attendees will also have the opportunity to hobnob with the company that kicked off the generative AI storm last November. Simon Cook, Cannes Lions CEO, told Insider that top executives from ChatGPT developer OpenAI like chief operating officer Brad Lightcap will attend the festival.
Persons: Twitter's Elon Musk, Linda Yaccarino, Oliver Schusser, Michael Kassan, he's, execs, Bud Light, influencer Dylan Mulvaney, Bud, Busch, Fura, Leslie Klein, Sir Martin Sorrell, David Droga, Nick Law, Simon Cook, Brad Lightcap, Huge's, Elon Musk, Ben Hovaness, They've, Jon Williams, Akram Chetibi, Craig Atkinson Organizations: Cannes Lions, Apple, Twitter, Netflix, Hollywood, UTA, Target, Bud Light, Anheuser, Busch, Accenture, Cannes, Apple News, Carlton Hotel, Omnicom Media, Amazon Web Locations: Cannes
A few weeks after Caleb Martin joined the Miami Heat, he didn’t yet have much social capital with his teammates. Martin had heard that Butler had an aggressive personality, that he was known to bark at teammates and coaches. But Martin wasn’t thinking about the potential consequences of upsetting Butler during a pickup game on one of those early days. He marched up to Butler and said, “Anything you got a problem with, come say it to me.”For a split second, Martin wondered if his boldness would irritate Butler. “He didn’t view it as disrespectful or nothing like that,” Martin said.
Persons: Caleb Martin, Jimmy Butler, Martin, Butler, ” Martin, It’s Organizations: Miami Heat
In other words, the lessons learned from months or years of experience are baked into an AI tool. The rise of AI tools could help millions of new software developersMicrosoft CEO Satya Nadella for example recently told Time that AI tools could lower the barriers to entry for software developers. This doesn't mean the great software developers won't remain great software developers but the ability for more people to enter the field will increase. That's good news for many wannabe software developers, but it's also bad news for many existing ones. "But for the most part, people in these jobs will just face more competition, similar to taxi drivers as Uber proliferated."
Persons: Uber, , you'll, Carl Benedikt Frey, Erik Brynjolfsson, Lindsey R, Raymond, Danielle Li, Satya Nadella, it's, Aki Ito, Frey Organizations: Service, Transport, Oxford Martin School, Fortune Locations: London
Brands fearful of right-wing backlash are discussing scaling back their Pride Month activities. Right-wing media personalities have declared a "war on woke," with The Daily Wire's Matt Walsh recently rallying his Twitter followers to "make 'pride' toxic for brands." This month, the LGBTQ+ dating app Taimi initiated an ad campaign that included billboards in states including Florida, Oklahoma, Texas, and others. Those billboards were largely on privately-owned farmland and most of the landowners rejected Taimi's ad campaign, many requesting "no nudity" in the images. The North Face, which debuted its "Summer of Pride" ad campaign starring drag queen Pattie Gonia late last month, is holding firm.
Persons: Bud Light, Matt Walsh, Ross Martin, Martin, Bud Light's, influencer Dylan Mulvaney, Hannah Lewman, Pattie Gonia, rightwing firebrands, Amy Luca, Media.Monks, Brian Stout, It's, We've, Dean Crutchfield, Crutchfield, Mark Borkowski, I've, Mekanism's, There's, Benjamin Cohen Organizations: Target, Daily, Brands, Partners, Gay and Lesbian Alliance, Defamation, Pink Locations: Florida , Oklahoma , Texas, Taimi's
Insider: Let's talk about Benny Dugan, the salty, streetwise investigator who works with prosecutors for the Southern District of New York. And I would say, "What makes you think I'm a good person?" Insider: Correct me if I'm wrong, but don't all the good people get bought up by the end of the book? There are at least 57 FBIs — a New York FBI, a Saint Louis FBI, headquarters, the Washington Field Office. I don't think we've grappled with the implications of that, and whether it fits within our normal Fourth Amendment framework.
Persons: James Comey's, Benny Dugan, Dugan, Smith, , — relents, Donald Trump, Trump, Comey, Hillary Clinton, Steele, wasn't Comey, Long, Kenneth McCabe, Benny, Kenny, Nora, I've, John le Carré, that's shortsighted, Matt Parker, James Comey, I'm, You've, Martin Scorsese, they've, Mattathias Schwartz Organizations: Wesson, Trump —, FBI, Southern, of, Justice Department, Twitter, US, CIA, New York FBI, Saint Louis FBI, Washington Field Office, State Department, Justice, New Yorker Mafia, La Cosa Nostra, Cosa Nostra, FISA Locations: of New York, Washington, Brooklyn, New York, Manhattan
Patrick O'Neill worked closely with the disgraced Theranos CEO Elizabeth Holmes. "Seeing those people be brought to justice is a comfort," he says of Holmes going to jail. I hadn't heard about Theranos before Elizabeth Holmes approached TBWA/Chiat/Day, the ad agency where I was a creative director, in 2012. Working with Holmes closely, I felt like she had to bring herself down to earth to communicate with me. Elizabeth Holmes and the Theranos story are now so well-known that when people ask me what my story is, I have to decide whether I'm going to talk about it.
Persons: Patrick O'Neill, Elizabeth Holmes, Holmes, TBWA, Steve Jobs, I'd, Theranos, Elizabeth, we'd, Apple weren't, We'd, It's, Errol Morris, Martin Schoeller, Elizabeth's, hadn't, I've Organizations: Morning, Starco Brands, Apple, Visa, Olympics, Walgreens, Wall Street, Forbes, Wall Locations: Theranos, Arizona, Silicon
More specifically, AI could disproportionately impact the middle class of white-collar workers — the folks who are mid-career, mid-ability, mid-level, and yes, in some cases, mediocre. In other words, the lessons learned from months or years of experience are baked into an AI tool. Microsoft CEO Satya Nadella for example recently told Time that the same could be true for software developers. This doesn't mean the great software developers won't remain great software developers but the ability for more people to enter the field will increase. That's good news for many wannabe software developers, but it's also bad news for many existing software developers.
Persons: , Erik Brynjolfsson, Lindsey R, Raymond, Danielle Li, Satya Nadella, it's, Aki Ito, Carl Benedikt Frey, Uber, Frey, Mark Muro, Jacob Zinkula, Richard Baldwin, Aaron Mok Organizations: Service, Fortune, Microsoft, Oxford Martin School, London, BT Group, Workers, Brookings Institution, Geneva Graduate Institute Locations: London, British, Switzerland
The USS Boxer dumped fuel into the ocean, which contaminated its own water supply. A Marine veteran from that deployment told Insider they drank and showered in the contaminated water for as long as a few weeks. Boxer's crew soon noticed the smell of fuel in the drinking water, and Marines and sailors told Military.com that Boxer leadership had claimed that the water was safe to drink. The Boxer is not the only US Navy ship to be stricken with contaminated water over the last few years. One sailor aboard the USS Abraham Lincoln told Insider in an interview last year that the ship's water tasted "horrible" and they couldn't "escape it."
Persons: , Military.com, Boxer, Wally Schirra, Machinist's, Michael Gonzales, Daniel Martin, Martin, it'll, Abraham Lincoln, USS Abraham Lincoln Organizations: US Navy, Service, Naval Surface Force, Navy Locations: Japan
Japan's Asahi Group Holdings has plans to dive back into the China market as it looks to revive investments in the world's largest beer market. The company divested from China years ago due to the lack of "premiumized products" and "very low" prices at that time, Katsuki said. In 2017, Asahi announced it would sell its nearly 20% stake in China's Tsingtao Brewery to Fosun Group and its subsidiaries. "But with the entry of the international brands and also craft beer, the premium segment in China is now really taking off and growing substantially." "Asahi Super Dry has the largest sales already from the China market now and it's growing double digits every year, so we want to continue to really invest into this premium market," he added.
Persons: We've, Atsushi Katsuki, CNBC's Martin Soong, we're, Katsuki Organizations: Japan's Asahi Group Holdings, Asahi, Fosun Group Locations: China, Tsingtao
Al Pacino, 83, expecting child with Noor Alfallah
  + stars: | 2023-05-31 | by ( Jack Guy | ) edition.cnn.com   time to read: +1 min
CNN —Hollywood actor Al Pacino is set to become a father again at the age of 83, with his 29-year old partner Noor Alfallah expecting a child, according to multiple reports. Al Pacino (second right) pictured with his children in February 2020. Anton James Pacino (left), Olivia Pacino (second left), and Julie Marie Pacino (right). Pacino won the Academy Award for Best Actor for 1992’s “Scent of a Woman,” and has also received multiple nominations throughout his career. At the age of 79, actor Robert De Niro has recently welcomed his seventh child.
Persons: Al Pacino, Noor Alfallah, Pacino’s, , Beverly D’Angelo, Jan Tarrant, Anton James Pacino, Olivia Pacino, Julie Marie Pacino, Kevork Djansezian, Pacino, , I’m, Martin Scorsese’s “, Robert De Niro Organizations: CNN, Hollywood, New Yorker
‘Anatomy of a Fall’ wins Palme d’Or at Cannes Film Festival
  + stars: | 2023-05-27 | by ( ) www.cnbc.com   time to read: +4 min
The 76th Cannes Film Festival - The Palme d'Or Award - Cannes, France, May 16, 2023. A Chopard representative displays the Palme d'Or, the highest prize awarded to competing films, during an interview on the day of the opening ceremony of the festival. Justine Triet's "Anatomy of a Fall" won the Palme d'Or at the 76th Cannes Film Festival in a ceremony Saturday that handed the festival's prestigious top prize to a twisty French Alps courtroom drama. "Anatomy of a Fall," which stars Sandra Hüller as a writer trying to prove her innocence in her husband's death, is only the third film directed by a woman to win the Palme d'Or. Quentin Tarantino, who won Cannes' top award for "Pulp Fiction," attended the ceremony to present a tribute to filmmaker Roger Corman.
[1/3] The 76th Cannes Film Festival - Press conference for the film "Asteroid City" in competition - Cannes, France, May 24, 2023. Director Wes Anderson speaks. REUTERS/Yara NardiCANNES, May 27 (Reuters) - Veteran directors Wes Anderson, Ken Loach and Wim Wenders are among those in the running for the Cannes Film Festival's coveted Palme d'Or at Saturday's closing ceremony, with 21 films in competition for the top prize. This year has a record seven female directors in the running for the top prize, which only two women have previously won - Jane Campion in 1993 and Ducournau in 2021. More than 14,000 participants from over 120 countries crowded the film market this year, surpassing 2019's previous peak of 12,500.
New York CNN —The White House and House GOP negotiators are rushing to finalize a deal to raise the country’s debt limit. With that X-date only about one week away, there’s still no deal to raise the debt ceiling – putting Americans’ finances in danger. If you invest in bonds, pay attention to when your Treasury bills are maturing. Stick with high-quality investmentsSteer clear of corporate junk bonds or emerging market bonds, CNN has previously reported. Federal government contractors could also see a lag in payments, which could affect their ability to compensate their workers, CNN previously reported.
[1/2] The 76th Cannes Film Festival - Screening of the film "Perfect Days" in competition - Red Carpet Arrivals - Cannes, France, May 25, 2023. REUTERS/Gonzalo FuentesCANNES, May 25 (Reuters) - Most directors would be thrilled to have one film shown at the Cannes Film Festival. The result, "Perfect Days", premiers on Thursday, starring acclaimed Japanese actor Koji Yakusho as a toilet cleaner in Tokyo. Cannes organizers liked the "spontaneous" work, which came together in just a few months, and wanted to show it, Wenders said. By comparison, "Anselm" is more of an experience than a film, Wenders said.
The Gap logo is displayed at a Gap store on April 25, 2023 in Los Angeles, California. On an adjusted basis, the company reported earnings of $3 million, or 1 cent per share. Shares jumped more than 15% in after-hours trading on the improvement in gross margins. In its most recent quarter, comparable sales were down 3% and store sales decreased 4% compared to last year. Gross margins increased by 5.6 percentage points year over year to 37.1%, and improved on the prior quarter, too, when margins were 33.6%.
Martin Shkreli is out of jail and earning $2,500 a month working as a consultant at a law firm. Shkreli is also living in Queens with his sister, per a report by the US Probation Office. A year after getting out of jail, Martin Shkreli — also known as "Pharma Bro" — is earning $2,500 as a consultant for a law firm, and living with his sister in Queens, New York. However, Shkreli was released from jail early in May 2022, after which he was transferred to a halfway house, where he lived until September. Upon getting out of jail, he posted a selfie of himself on Facebook, saying: "Getting out of real prison is easier than getting out of Twitter prison."
His death, at an assisted living center, was confirmed on Wednesday by Spencer Glesby, a spokesman for Sprüth Magers, a gallery that has represented Mr. Anger since 2009. He said an announcement of the death had been delayed while matters involving Mr. Anger’s estate were being put in order. Mr. Anger embodied the love-hate relationship between underground art and mass culture. Few other avant-garde filmmakers borrowed so liberally or so subversively from popular iconography. And with his sensuous, mystical imagery and pioneering use of pop soundtracks, perhaps none saw their work so readily absorbed back into the mainstream.
Aftonbladet, a Swedish daily newspaper, is trying to appeal to young people. In response, Swedish daily newspaper Aftonbladet got creative, using AI to create rap songs that summarize the news and music to pair with written stories, the paper said. Aftonbladet acknowledged the murky ethics of AI-generated content. "The AI-generated rap is also, as hip-hop tends to be, loaded with some values. The paper has an AI policy in place, which allows journalists to use the technology for various parts of their jobs, including to create headlines, interview transcriptions, and video subtitles.
[1/4] The 76th Cannes Film Festival - Photocall for the film "Killers of the Flower Moon" Out of Competition - Cannes, France, May 21, 2023. In the film "Killers of the Flower Moon", which premiered at this year's Cannes Film Festival, Gladstone plays Mollie Burkhart, a member of the Osage Nation whose family members die under suspicious conditions in 1920s Oklahoma. Because of his global reputation, Scorsese was uniquely placed to dispel the myths that have prevailed, she said. Referring to deceptions that have prevailed, Gladstone asked: "Why the hell does the world not know about these things? In the film, Gladstone marries her white driver Ernest Burkhart (Leonardo DiCaprio), whose uncle is the "King of the Osage Hills" William Hale (Robert De Niro).
Birol warned that the region's energy market still has three main hurdles to overcome this year, however. China's exit from its zero-Covid policy in December has caused energy demand to increase, with the IEA forecasting that global oil demand will increase by more than 2 million barrels per day this year. Birol said a U.S. debt default would cause oil demand and prices to drop, but agreed that such a scenario was unlikely. And I don't see a major risk for the global oil markets. But of course, oil markets are always involved with risks."
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEurope may have averted an energy crisis for now but is 'not out of the woods,' says IEA chiefFatih Birol, Executive Director of the International Energy Agency, speaks to CNBC's Martin Soong on the sidelines of the G-7 leaders' summit in Hiroshima, Japan. He says 60% of the increase in oil demand is expected to come from China, and outlines the energy risks that Europe faces.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere's increasing recognition that multilateral trade system has been 'largely resilient,' says WTONgozi Okonjo-Iweala, Director-General of the World Trade Organization, tells CNBC's Martin Soong: "We were beginning to take multilateralism and the multilateral trading system for granted." Speaking on the sidelines of the G-7 leaders' summit in Hiroshima, Japan, she said although disruptions in supply chains still need to be dealt with, trade has been a "source of resilience" in past crises.
World Trade Organization Director-General Ngozi Okonjo-Iweala urged diversification in global supply chains, amid ongoing efforts to progress the body's reform. "I agree that we need to build resilience, that the world cannot be reliant on a few countries for a few key products." The WTO's chief pitched the dual benefits of pursuing diversification in developing countries to simultaneously boost their economic growth and meet global supply requirements. One is we build global resilience beyond just our neighbors and our friends, because you never know who is your friend. The emphasis on "reglobalization" comes as geopolitical tensions and recent U.S. legislation have stoked worries over the potential fragmentation of global trade.
CNN —Longtime collaborators Leonardo DiCaprio, Robert De Niro and Martin Scorsese continue to create magic at the movies. Their latest project, true-crime drama “Killers of The Flower Moon” starring DiCaprio and De Niro, premiered at the swanky Cannes Film Festival on Saturday and the post-screening reception was instantly impressive with a minuteslong standing ovation. A video posted to the Cannes Film Festival’s YouTube channel shows the audience inside the Grande Theatre Lumiere exuberantly applauding the movie for at least seven minutes, with more applause coming after director Scorsese thanked the audience. (From left) Robert De Niro and Leonardo DiCaprio in Martin Scorese's 'Killers of the Flower Moon.' The cheers and applause grew louder for DiCaprio, De Niro and Lily Gladstone, who were all in attendance at the premiere.
[1/7] The 76th Cannes Film Festival - Screening of the film "Killers of the Flower Moon" Out of Competition - Red Carpet Arrivals - Cannes, France, May 20, 2023. Cast members Tantoo Cardinal, Leonardo... Read moreCANNES, May 20 (Reuters) - Martin Scorsese's "Killers of the Flower Moon," one of the most anticipated premieres of this year's Cannes Film Festival, had the red carpet abuzz on Saturday evening as its star-studded cast attracted throngs of fans to the Croisette boulevard. Apple has teamed up with Paramount Pictures to release the film exclusively in theatres on Oct. 6 before streaming it - one of the preconditions of being eligible to compete at Cannes. Scorsese won Cannes' top prize with 1976's "Taxi Driver," starring De Niro. Reporting by Miranda Murray; editing by Clelia OzielOur Standards: The Thomson Reuters Trust Principles.
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