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☆ The Israel-Hamas war shows how social media has given up on facts
▼ + stars: | 2023-10-18 | by ( Kali Hays | ) www.businessinsider.com time to read: +9 min

The Israel-Hamas war shows how social media platforms no longer want to deal with the news. AdvertisementAdvertisementNot too long ago, social media was the future of news. To accompany this flow of verified information, Facebook, Twitter and other social media companies built large content moderation teams and partnerships. Reading these, it's easy to see how social media can divide people during difficult times. The social media account posed as a BBC journalist to share this misinformation for engagement.

Persons: —, Jack Dorsey, Mark Zuckerberg, Elon Musk's, Adam Mosseri, Karan Singhal, Singhal, there's, Cristiano Ronaldo, Marcus Hutchins, Mosseri, we're, Andy Stone, Zuckerberg, Alex Stamos, TikTok Organizations: Service, Facebook, Twitter, Elon Musk's Twitter, CNBC, BBC, Palestinian, Meta Locations: Israel, Moroccan, Israeli, Syria, Meta, France, Germany, Canada

SummaryCompanies India's Avendus to launch investment banking in Southeast AsiaKKR-backed Avendus' managing director Gupta to move to SingaporeAvendus expects Southeast Asia to grow fast in coming yearsMUMBAI, Oct 17 (Reuters) - Indian financial services firm Avendus will start offering investment banking services from Singapore to cash in on an expected technology sector dealmaking boom in the Southeast Asia region. Karan Sharma, a managing director for Avendus in India said the operations from Singapore will focus on advising technology sector funding rounds of $40-50 million in Southeast Asia. Sharma said Avendus India Managing Director Varun Gupta will lead the Southeast Asia operations and relocate to Singapore early next year. The demographics and infrastructure challenges are similar," said Sharma, who co-heads Avendus' Digital & Technology Investment Banking division in India. Dealmaking in Southeast Asia should help lift Asian mergers and acquisitions (M&A) activity in the second half of the year, bankers told Reuters in June.

Persons: Gupta, Avendus, Karan Sharma, Sharma, Varun Gupta, GoTo, Morgan Stanley, Goldman Sachs, Sriram, Yantoultra Ngui, Aditya Kalra, Sharon Singleton Organizations: Asia KKR, Singapore Avendus, U.S, KKR, Avendus, & Technology Investment Banking, Tiger Global, Reuters, Asia, Accel, Lightspeed, Venture Intelligence, Thomson Locations: Asia, Singapore, Southeast Asia, MUMBAI, India

☆ India same-sex marriage: The Supreme Court may be about to legalize it for millions
▼ + stars: | 2023-10-16 | by ( Rhea Mogul | ) edition.cnn.com time to read: +8 min

But they’re up against a tough opponent: the ruling government of the Bharatiya Janata Party (BJP), which argues that same-sex marriage is a “Western” concept without “any basis” in the constitution. Since then, India’s LGBTQ community – likely one of the world’s largest given its population of 1.4 billion people – has faced widespread marginalization from society. But Victorian laws governing same-sex marriage are one throwback to the colonial past his party has fought to retain. In 2018, after a decade-long battle, the Supreme Court struck down the colonial-era law that criminalized same-sex intercourse – though it left intact the legislation limiting marriage to heterosexual couples. Anand agreed, adding that what started off as a conversation in their home has morphed into a movement that has united India’s LGBTQ community.

Persons: Aditi Anand, Susan Dias, ” Anand, “, ” Weeks, Dias, Anand, Susan Dias India, ”, Dipa Chakraborty, India’s, –, Narendra Modi, Vivek, Vivek Kishore, Karan Johar, ” Vishwa, Suvir Saran, Saran, ” Saran, Anish Gawde, ” Gawde, ” Vivek, It’s Organizations: CNN, India’s, Bharatiya Janata Party, BJP, Pride, Future Publishing, Bollywood, Pink List Locations: Mumbai, India, India’s British, England, Wales, New Delhi, Bengaluru, Pink List India

☆ The fashion show that changed hip-hop forever
▼ + stars: | 2023-10-10 | by ( Sowmya Krishnamurthy | ) edition.cnn.com time to read: +8 min

CNN —Chanel’s 1991 Fall-Winter ready-to-wear show was set in Paris, but its soul was right off the streets of New York City. “He listens to everything, reads everything, sees everything, and then distills it into these potent fashion images.”Linda Evangelista and Karl Lagerfeld (center) walk the runway during the finale of Chanel's 1991 Fall-Winter fashion show in Paris, France. Victor Virgile/Gamma-Rapho/Getty ImagesWhat would become known colloquially as Chanel’s “hip-hop collection” was a watershed moment, the pinnacle of French prêt-à-porter (ready-to-wear) welcoming hip-hop into its sanctum. It’s unclear whether Mizrahi and the like appreciated hip-hop or saw it as a grab for cache and cash. Editor’s Note: This piece is excerpted from Sowmya Krishnamurthy’s “FASHION KILLA: How Hip-Hop Revolutionized High Fashion,” published by Gallery Books, a subsidiary of Simon & Schuster.

Persons: CNN —, Nancy Sinatra’s “, Rocky, Sylvester Stallone, Dolph Lundgren, gazed, Karen Mulder, Helena Christensen, Linda Evangelista, CHANEL, ”, glitz, “ Chanel ”, Jeans, risqué, “, Karl Lagerfeld, Lagerfeld, Tim Blanks, ” Linda Evangelista, Victor Virgile, Chanel, ” gushed Rose Marie Bravo, Isaac Mizrahi, Charlotte Neuville, Adrienne Vittadini, Randolph Duke, Norma Kamali, Arthur Hubbert, Katharine Hamnett, Rifat Ozbek, Queen Latifah, Donna Karan, Mizrahi, ” Mizrahi, Freddy, Chuck D, Flav, Al Pereira, Michael Ochs, Denise Burrows, Pat Cleveland, Dorothy “ Terri ” Springer, Gucci, Louis Vuitton, Simon, Schuster, Sowmya, Simon & Schuster Organizations: CNN, Co, Magazine, Newsweek, Penske Media, Getty, Women’s, Michael Ochs Archives, Fashion, New York Times, Gallery Books, Simon & Locations: Paris, New York City, Harlem, France, Chanel

☆ Naomi Campbell, Cindy Crawford, Linda Evangelista, Christy Turlington star in first trailer for ‘Super Models’ docuseries
▼ + stars: | 2023-09-06 | by ( Dan Heching | ) edition.cnn.com time to read: +1 min

CNN —Four of the women who inspired the term “supermodel” are getting some majorly overdue recognition in a new docuseries set to premiere on Apple TV+ later this month. The first trailer for “The Super Models” premiered on Wednesday, featuring a mix of old and new footage of models Naomi Campbell, Cindy Crawford, Linda Evangelista and Christy Turlington reflecting on their careers. (From left) Linda Evangelista, Cindy Crawford, Lauren Hutton, Beverly Johnson, Christy Turlington and Naomi Campbell in 1993. Time is also dedicated to George Michael’s pop classic “Freedom ’90” and its iconic black and white music video, which made the quartet of beauties – Naomi, Cindy, Linda and Christy – household names. “The Super Models,” a four-part series, will premiere on Apple TV+ on September 20.

Persons: ”, Naomi Campbell, Cindy Crawford, Linda Evangelista, Christy Turlington, Evangelista, Campbell, “, Lauren Hutton, Beverly Johnson, Frank Micelotta, Donna Karan, Gianni Versace, George Michael’s, – Naomi, Cindy, Linda, Christy – Organizations: CNN, Apple

The company already owns digital streaming rights to the popular Indian Premier League Twenty-20 (IPL T20) tournament. Ambani snatched away the rights from the Disney Plus Hotstar streaming service in a $2.9 billion bid last year, and then streamed games for free. This prompted Disney subscribers to flee - out of 61 million users in October 2022, about 21 million had left by July this year. Last year, Disney renewed its media rights to show International Cricket Council's tournaments in India from 2024 to 2027 after winning a bid for $3 billion. It later licensed the TV broadcast rights to India's Zee Entertainment (ZEE.NS) and only regained the digital streaming rights, a source told Reuters.

Persons: Mukesh Ambani, Francis Mascarenhas, Mukesh Ambani's, Walt Disney, Viacom18, Ambani, Karan Taurani, Aditya Kalra, Nandan Mandayam, Biplob Kumar Das, Sonia Cheema Organizations: Reliance Industries, REUTERS, Walt, Control, Cricket, BCCI, Indian Premier League, Disney, Elara, Reuters, Asia Cup, ICC Cricket, India's Zee Entertainment, Thomson Locations: Mumbai, India, India's

☆ ‘Made In Heaven’ creators dispute claims they appropriated author Yashica Dutt’s story
▼ + stars: | 2023-08-19 | by ( Harmeet Kaur | ) edition.cnn.com time to read: +10 min

The show’s creators responded with a statement saying the character of Pallavi is fictional and denying any claim that they appropriated Dutt’s life or work. Throughout the episode, Pallavi brushes up against how her choices to publicly embrace her caste have affected her brother and parents. The creators of "Made In Heaven" said in a statement that they deny any claim that they appropriated Dutt's work. Prime VideoThe statement goes on to point out that the character Pallavi is fictional and details the ways that her story differs from Dutt’s. It continues, “None of the above is drawn from Yashica Dutt’s life or her book — ‘Coming Out As Dalit’.

Persons: Pallavi Menke, “, Yashica Dutt, ”, ” Dutt, Dutt, ” Zoya Akhtar, Reema, Tara Khanna, Karan Mehra —, —, Pallavi, Neeraj Ghaywan, Prakash Ambedkar, B.R . Ambedkar, — Dutt isn’t, Ghaywan, ’, ” Ghaywan, Instagram, Sumit Baudh, Akhtar, Kagti, Alankrita Shrivastava, “ Neeraj, Yashica, I’m, they’ve, Ghaywan’s Instagram Organizations: CNN, Amazon, Columbia University, Pallavi, US, Dalit, ” CNN, Prime Video India Locations: India, Dutt’s, Delhi, Britain

☆ Subway India is now charging extra for a cheese slice
▼ + stars: | 2023-08-11 | by ( ) edition.cnn.com time to read: +2 min

Reuters —Subway sandwiches in India will no longer come with the option of a free cheese slice following revisions to its menu that analysts say are more about cost-cutting than just a matter of taste. They now charge 30 rupees ($0.40) extra for the cheese slice in most sandwiches, but are offering a free “cheezy” sauce instead. Subway has “replaced the cheese slice with liquid cheese blend … You just lost a loyal customer,” one unimpressed customer, Sumit Arora, wrote on X, the social media platform formerly known as Twitter. A Subway store manager in New Delhi told Reuters the new cheese sauce costs 400 rupees per kilogram. If a customer adds the cheese slice — which was once free — it will now cost up to 15% more.

Persons: Domino ’, “, ”, Sumit Arora, Mayur, Karan Taurani Organizations: Reuters, Subway India, Brands, Twitter, India’s, Subway Locations: India, Nepal, New Delhi

☆ Subway India takes away free cheese slice, offers sauce as inflation bites
▼ + stars: | 2023-08-11 | by ( Riddhima Talwani | ) www.reuters.com time to read: +3 min

They now charge 30 rupees ($0.40) extra for the cheese slice in most sandwiches, but are offering a free "cheezy" sauce instead. Subway has "replaced the cheese slice with liquid cheese blend ... You just lost a loyal customer," one unimpressed customer, Sumit Arora, wrote on X, the social media platform formerly known as Twitter. A Subway store manager in New Delhi told Reuters the new cheese sauce costs 400 rupees/kilogram. A cheese slice, said Culinary Brands' marketing head Mayur Hola, "can be added on at a small cost". A Subway sandwich costs around 200-300 rupees ($2.4 to $3.6) in India, and if a customer adds the cheese slice - which was once free - will now cost up to 15% higher.

Persons: Andrew Kelly, Everstone, Sumit Arora, Mayur, Karan Taurani, Riddhima Talwani, Varun Vyas, Jatindra, Saurabh Sharma, Aditya Kalra, Simon Cameron, Moore Organizations: REUTERS, Subway, Brands, Twitter, Reuters, India’s, Thomson Locations: Manhattan , New York City, U.S, India, DELHI, Nepal, New Delhi, Bengaluru, Bhubaneswar, Lucknow

Bahanaga Bahanaga Bazar rail station Site of initial impact Coromandel Express passenger train Freight train carrying iron ore Bahanaga Bahanaga Bazar rail station Site of initial impact Coromandel Express passenger train Freight train carrying iron ore Bahanaga Bahanaga Bazar rail station Site of initial impact Freight train carrying iron ore Coromandel Express passenger train The New York Times; aerial drone image via ReutersInvestigators of the deadly multi-train crash in India have focused on the possibility that it was caused by an electronic signal system failure. 1 Two passenger trains approach◀ South to Chennai North to Kolkata ▶ Other freight train Second passenger train Coromandel Express Freight train with iron ore ◀ South to Chennai North to Kolkata ▶ Other freight train Second passenger train Coromandel Express Freight train with iron oreAt around 7 p.m. local time, the Coromandel Express passenger train approached from the north at a speed of about 80 miles per hour. 2 Coromandel Express veers onto occupied trackOther freight train Second passenger train (exact position unknown) Possible signal system failure Coromandel Express Freight train with iron ore Second passenger train (exact position unknown) Other freight train Coromandel Express Possible signal system failure Freight train with iron oreThe Coromandel Express veered onto an adjacent track occupied by an idled freight train that was loaded with iron ore. An Indian Railways official said that a problem with the signal system was most likely the overall cause of the crash, though investigations were still underway. 3 First passenger train collides with freight trainOther freight train Second passenger train (exact position unknown) Coromandel Express Freight train with iron ore Collision Second passenger train (exact position unknown) Other freight train Coromandel Express Freight train with Iron ore CollisionThe Coromandel Express collides with the freight train. 4 Second passenger train is hitOther freight train Second passenger train Freight train with iron ore Derailed cars strike second passenger train Coromandel Express Other freight train Freight train with Iron ore Derailed cars strike second passenger trainThe derailed cars from the Coromandel Express strike the second passenger train as it passes, causing two cars at the end of the second passenger train to derail.

Organizations: New York Times, Reuters Investigators, Coromandel, Indian Railways, Coromandel Express Locations: India, Chennai North, Kolkata, Howrah, Coromandel

A second passenger train, heading in the opposite direction, then struck some of the dislocated cars. More than 2,200 passengers in all were onboard the passenger trains, according to railway officials, and at least 23 cars were derailed. The other passenger train was a Yesvantpur-Howrah Superfast Express train, running from a commuter hub in the southern city of Bengaluru to Kolkata, the capital of the northeastern state of West Bengal. Site of the train crash An initial government report said that the Coromandel Express passenger train derailed while traveling at full speed. In 2016, 14 train cars derailed in India’s northeast in the middle of the night, killing more than 140 passengers and injuring 200 others.

Persons: Ashwini Vaishnaw, Vaishnaw, Derailments, Jitendra Prakash, Narendra Modi, Modi, Modi’s, Amit Dave, Suresh Prabhu, Mr, Mujib Mashal Organizations: Chennai Coromandel Express, South Eastern Railway, Express, Coromandel, INDIA, Economic, Disaster Management, Reuters Rail Locations: India, Balasore, Odisha State, Shalimar, Chennai Coromandel, India’s, Howrah, Bengaluru, Kolkata, West Bengal, Odisha, Bhubaneswar, Odisha’s, Bihar, Pukhrayan, Delhi, Mumbai, Ahmedabad

NEW DELHI, May 13 (Reuters) - Indian billionaire Mukesh Ambani’s streaming platform JioCinema announced premium pricing of 999 Indian rupees ($12) a year, its first step to move away from a free content model to fight global rivals such as Netflix and Disney in the country. The JioCinema website on Saturday showed the new premium pricing for Hollywood content, with the much-awaited Succession series available for streaming. JioCinema has become popular for showing the IPL cricket tournament on the platform for free in the ongoing season. The new pricing, according to the website, is only for premium content, while the matches continue to stream for free. Viacom18 won the IPL digital streaming rights from 2023 to 2027 for around $2.9 billion, rights which Disney previously held.

REUTERS/Anushree Fadnavis/File PhotoSummarySummary Companies Reliance's JioCinema to lock horns with Netflix, DisneyWarner deal to boost English content, local content in focus tooExecutives say Warner deal will boost Reliance streaming plansJioCinema content quality key to beat rivals, analyst saysMUMBAI, April 28 (Reuters) - The video streaming business of Mukesh Ambani, Asia's richest person, is likely to focus on pricing and local content following a deal with Warner Bros as it seeks to challenge the likes of Disney and Netflix, industry sources said. While Netflix and other rivals boast of content specially created for the India audience, JioCinema's current free offerings largely include old Hindi and local language movies. The big challenge is lack of fresh local and global content on JioCinema, something that will be become even more critical as the IPL season ends next month. They have also diversified into regional local language content. The only way to scale up is to really differentiate your content and make sure execution is right," he said.

☆ Factbox: What is embattled British business group the CBI?
▼ + stars: | 2023-04-22 | by ( ) www.reuters.com time to read: +5 min

Below is some information about the CBI and its role:WHAT IS THE CBI? Founded in 1965, the CBI is Britain's top business lobby group. A not-for-profit organisation, the CBI says it represents 190,000 businesses employing nearly 7 million people, including many of Britain's biggest companies. In his speech, Sunak called the CBI "a valued institution in this country and a powerful voice for business". A spokesperson for NatWest said the bank had no confidence in the CBI's capacity to be a strong representative voice for British business at present.

☆ What’s in Our Queue? ‘Elephant Whisperers’ and More
▼ + stars: | 2023-04-06 | by ( Karan Deep Singh | ) www.nytimes.com time to read: 1 min

I fell hard for Bomman and Bellie, the husband-and-wife conservationists who have devoted their lives to caring for elephants. Their love for Raghu, an orphaned baby, is central to this film, which won this year’s Oscar for short documentary. It’s a poetic, visual treat about man’s relationship to nature and wildlife on a warming planet.

☆ Premarket stocks: Banking chaos has been bittersweet for crypto and wine
▼ + stars: | 2023-03-30 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +8 min

But it also gave the fine wine and crypto industry a big boost as panicking investors rushed out of the financial sector and into alternative assets. Bittersweet banking: SVB lent over $4 billion to winery clients since 1994, with over 400 wine industry clients (including wineries, vineyards and vendors) working with the bank’s premium wine division, according to the bank’s website. Recent SEC filings, meanwhile, indicated SVB had about $1.2 billion in outstanding loans to high-end wine clients when the bank collapsed. Circle, the company behind popular stablecoin USDC, said it had about $3.3 billion of its $40 billion in reserves at SVB. The collapse of Signature Bank, a major crypto lender, also had serious implications for the industry.

☆ Meet the brothers building massive spacecraft to leverage SpaceX’s Starship
▼ + stars: | 2023-03-10 | by ( Michael Sheetz | ) www.cnbc.com time to read: +4 min

What we're finding is that, with the new launch capabilities of vehicles like Starship, there's actually an interesting opportunity to go the opposite direction," Karan Kunjur told CNBC. Los Angeles-based startup K2 Space, co-founded by CEO Karan Kunjur and CTO Neel Kunjur, is setting out to build satellite buses — the physical structure of a spacecraft that provides power, movement and more. A pair of brothers is aiming to challenge the way spacecraft are built, by going against the industry trend and designing massive satellites in a bet that towering rockets such as SpaceX's Starship are the way forward. K2 Space, a play on the brothers' surname and a nod to astronomer Nikolai Kardashev's scales of civilization, marks Karan and Neel's first venture together and fuses their previously divergent careers. For K2, the company is targeting prices that would be unheard of for satellite buses of these sizes.

☆ Has the Basic Black Dress Disappeared?
▼ + stars: | 2023-03-04 | by ( Christine Lennon | ) www.wsj.com time to read: +1 min

AS A BABY EDITOR at fashion magazines in the 1990s, I was raised on a steady visual diet of the chicest black clothes. The office grown-ups at Harper’s Bazaar, W and Vogue would glide down the halls in form-fitting knits or svelte Helmut Lang pants that grazed their Manolo Blahnik BB pumps. Their sleek black Jil Sander suits and pencil skirts were constructed with care. My middle-aged years, it seemed, were going to be sartorially amazing: Choosing an artful black wardrobe would give me license to ignore lesser trends, signify maturity and fill my closet with essentials to rely on for decades—especially once I had the financial leeway to splurge on quality pieces. My commute is 30 feet to an office above our garage, my co-workers two terriers that shed shamelessly, leaving anything I wear covered in hair.

☆ Turkish families shelter on a train after earthquake brought life to a standstill
▼ + stars: | 2023-03-02 | by ( Dave Lucas | ) www.reuters.com time to read: 1 min

Damaged buildings and local people living in tents are seen from the balcony of Sabriye and Nehir Karan's home, following the deadly earthquake in Iskenderun, Turkey, February 23, 2023. The mother and daughter visit their apartment for a couple of...moreDamaged buildings and local people living in tents are seen from the balcony of Sabriye and Nehir Karan's home, following the deadly earthquake in Iskenderun, Turkey, February 23, 2023. The mother and daughter visit their apartment for a couple of hours every other day. They move through it with caution but shower, do the laundry and take some food. "I don't know if when I come back, it will still be standing or not," she said.

☆ Turkish families shelter on a train after earthquake shatters cities
▼ + stars: | 2023-03-02 | by ( Eloisa Lopez | ) www.reuters.com time to read: 1 min

Filed: March 2, 2023, 8 a.m. GMTSabriye Karan’s late husband worked for the Turkish national rail company for 32 years and her daughter Nehir grew up riding trains. After powerful earthquakes struck Turkey and damaged her home, she and Nehir moved into one. “We never imagined we would live here,” said Sabriye, who has been sharing a two-bed sleeper cabin with 13-year-old Nehir for the past 18 days. “Normally, it’s a joy to travel on the train. Survivors have been sheltering in tents, container homes, hotel resorts and even train carriages in Iskenderun, a port city in the province of Hatay, badly hit by the earthquakes.

☆ Trump rape case: After 3 years, the former president finally agrees to submit DNA. Here's why it could be too late.
▼ + stars: | 2023-02-10 | by ( Ashley Collman | Laura Italiano | ) www.businessinsider.com time to read: +6 min

Trump is now willing to submit a DNA sample for his civil rape case in NY, new court papers say. Trump's sudden willingness to submit a DNA sample — something requested by his accuser for three years — was confirmed in court papers Friday. Carroll's lawyers said they planned to respond to Trump's DNA offer later Friday. A photo from the lab report that Donald Trump rape accuser E. Jean Carroll submitted in January, 2020 as part of her defamation lawsuit against the former president. Letting Trump's DNA into the case would be an 11th-hour roll of the dice for both sides.

On Tuesday, the Adani group appeared to have fought back the attack by the New York-based short-seller Hindenburg and rallied investors behind the $2.5 billion share issue of flagship firm Adani Enterprises (ADEL.NS). It was a rare defeat for a man who has seemed unstoppable in recent years. In recent years, the $220 billion Adani Group empire has attracted foreign investment - France's TotalEnergies (TTEF.PA), for example, partnered with Adani last year to develop the world's biggest green hydrogen ecosystem. On Wednesday, Adani said his company felt it wasn't "morally correct" to proceed with the share sale following the volatility in the market. But he said in a statement to the exchange the company was financial stable and that the withdrawal of the share issue will not impact its future plans.

Adani, whose home state is Gujarat in western India, built his business empire from scratch after starting as a commodities trader. Adani's business empire grew rapidly and his wealth ballooned. In recent years, the $220 billion Adani Group empire has attracted foreign investment - France's TotalEnergies (TTEF.PA), for example, partnered with Adani last year to develop the world's biggest green hydrogen ecosystem. It is not known what was discussed and Adani Group did not respond to a request for comment on Friday. Adani Group's consolidated gross debt stands at $23.34 billion, Jefferies says.

☆ The Workers Who Deliver in Minutes
▼ + stars: | 2023-01-12 | by ( Karan Deep Singh | ) www.nytimes.com time to read: 1 min

The Workers Who Deliver in MinutesThere’s an army of drivers working for Indian apps that deliver most things imaginable. I spent a few days shadowing several of the deliverymen. Here’s what it was like →

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