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Dhaka, Bangladesh CNN —Using his sleeve to wipe tear gas from his burning eyes, 25-year-old Mugdho weaves through the crowd, handing out bottles of water to the protesters whose demands for reform would soon topple Bangladesh’s leader. Identical twins Mugdho and Snigdho were inseparable since birth – eating, sleeping and studying together, sharing clothes as well as secrets. “Because of him, people got the strength to do the protest,” Snigdho said. Cultural activists and members of civil society clashing with police at a march for victims killed during the recent nationwide student protests, in Dhaka, Bangladesh, on July 30, 2024. Mohammad Ramzan Ali holds a photo of his 13-year-old son Mubarak, who was killed during anti-government protests in Bangladesh.

Persons: Bangladesh’s, Mugdho –, Mir Mahfuzur Rahman –, Mir Mahbubur Rahman –, “, Sheikh Hasina, Salman Saeed, ”, Farah Porshia, ” Hasina, Muhammad Yunus, “ I’m, ” Porshia, ” Snigdho, Snigdho, Mugdho, Dipto – Mir Mahmudur Rahman, –, Mugdho’s, ” Mugdho, Abu Sayed, Ahmed Salahuddin, Sayed, Porshia, Mubarak, Mubarak’s, Mohammad Ramzan Ali, ” Mubarak, he’d, Fareeda, Ali, ” “, ” CNN’s Esha Mitra Organizations: Bangladesh CNN, CNN, Police, Peace, Amnesty, ” CNN, UNICEF Locations: Dhaka, Bangladesh, India, Italy, Europe, Sayed

☆ Trump Media’s revenue remains very tiny as it launches Truth+ streaming
▼ + stars: | 2024-08-12 | by ( Matt Egan | ) edition.cnn.com time to read: +4 min

Even though Trump Media & Technology Group (DJT) is valued at $5 billion, the Truth Social owner revealed Friday evening it made just $837,000 in revenue last quarter. But Trump Media is hoping to turn things around by building a streaming business catering to conservatives. Trump Media wants ‘neglected’ contentLast week, Trump Media launched Truth+, a TV streaming platform available on Android, iOS and the Web versions of Truth Social. Trump Media said it will have the right to secure the source code in the future for the streaming technology. Trump not only serves as the chairman of Trump Media, he is the dominant shareholder, with 114.75 million shares.

Persons: Donald Trump’s, Trump, Kamala Harris, ‘, “, ”, Devin Nunes, ” Nunes Organizations: New, New York CNN, Trump Media & Technology, Trump Media, Trump, White House, Fox News, ” Trump Media, Big Tech, Amazon, Netflix, Republican, ” Trump Locations: New York, Silicon Valley

☆ Elon Musk is interviewing Trump tonight. He wasn't always so political.
▼ + stars: | 2024-08-12 | by ( Alice Tecotzky | ) www.businessinsider.com time to read: +1 min

Elon Musk used to try and stay out of politics, but that's all changed this election. He posts about politics on X significantly more now than he did just a few years ago. Musk formed the America PAC, which is supporting Trump and mobilizing swing state voters. Go to newsletter preferences Thanks for signing up! AdvertisementIn 2015, Elon Musk said that he gets "involved in politics as little as possible."

Persons: Elon Musk, Musk, —, Donald Trump Organizations: America PAC, Trump, Service, Tesla, SpaceX, Washington Post, Business

☆ There's a hidden risk lurking for AI stocks in 2025
▼ + stars: | 2024-08-11 | by ( Matthew Fox | ) www.businessinsider.com time to read: +6 min

Depreciation costs could lead to AI stock price declines and valuation scrutiny, according to Baird's Ted Mortonson. AdvertisementThe lurking problem is that the useful lifetime of AI GPU chips can be a lot shorter than many expect, especially as AI chips go through an ever-accelerating innovation cycle, leading to higher-than-expected depreciation expenses that ultimately drag down profits. For example, the bank expects Alphabet to record $28 billion in depreciation costs in 2026, which is 24% more than current consensus estimates of $22.6 billion. AdvertisementBut even that has its limits because of how quickly Nvidia is releasing new GPU chips. And for Mortonson, it all comes back to the return on invested AI capital.

Persons: Ted Mortonson, —, doesn't, outlays, Ross Sandler, Baird, Morton, Sandler, Mortonson, there's Organizations: Barclays, Service, Companies, Nvidia, Business

☆ How to increase your attention span amid digital overload
▼ + stars: | 2024-08-11 | by ( Riane Lumer | ) edition.cnn.com time to read: +10 min

While a dwindling attention span is not due to a personal failing (despite individual variability) a majority of the time, experts say there are changes you can make to regain control over your mind. “Tech companies and ad marketing companies use this information to construct profiles about us, and then they design algorithms that are targeted to capture our attention,” Mark said. “We have a tank of attentional resources (that) gets drained when we keep switching our attention,” Mark said. Additionally, he suggested using an app that places time limits on social media or websites you find yourself addicted to using. “The way I feel at the moment is like somebody is pouring itching powder over us all day,” Hari said.

Persons: I’m, it’s, Gloria Mark, Mark, Graham Burnett, ”, Burnett, Henry Charles Lea, ” Mark, Shoshana Zuboff, “ I’m, Johann Hari, ” Hari, Hari, ’, There’s Organizations: CNN, University of California, Computing Systems, Institute, Strother School, Princeton University, “ Tech, Harvard Business School, Facebook, New York Times, Association of Computing Locations: Irvine, Brooklyn , New York, New Jersey, Boston, Silicon Valley

☆ On paper the stock market should be great, not on a knife's edge. But that's the opportunity
▼ + stars: | 2024-08-11 | by ( Jim Cramer | ) www.cnbc.com time to read: +13 min

For example, this season started with the banks roaring higher on great numbers, legitimately great numbers led by a phenomenal Bank of America quarter. The later just made no sense because it is pulling away from Intel on the low end and if Nvidia really does have production problems then AMD is the de facto winner. In fact, the only stock that didn't suffer from an Nvidia relation, Apple, got through earnings without too much trouble. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.

Persons: —, techs, We've, Warren Buffett, Buffett, industrials Eaton, Donald Trump, we've, execs, I've, Kamala Harris, Trump, Jim Cramer's, Jim Cramer, Jim, Rob Kim Organizations: Federal Reserve, of America, Bank of America, Club, Apple, Fed, SL Green, Boston Properties, Nvidia, Arista Networks, Micron, Dell, Hewlett Packard Enterprise, Devices, Intel, AMD, Accenture, Deloitte, McKinsey, White, Jim Cramer's Charitable, CNBC Locations: Lowe's

☆ Harris Appeals to Tech Leaders in a Return to San Francisco
▼ + stars: | 2024-08-11 | by ( Theodore Schleifer | ) www.nytimes.com time to read: +1 min

Vice President Kamala Harris, whose political career was born in San Francisco two decades ago, on Sunday returned to the city for the first time since clinching the Democratic presidential nomination, hoping to reset relations with a tech community that has soured some on President Biden. Ms. Harris’s late-morning event raised $13 million from the region’s white-collar establishment that counts her as their own. But her trip was as much a rally as a fund-raiser, with about 700 people piling into the Grand Ballroom of the Fairmont Hotel atop Nob Hill. (Some donors with a connection or two found a way, as they do, to skip the line.) Ms. Harris dropped in on each one, in descending order of price and intimacy, as donors enjoyed peach mimosas and shrimp cocktails before her remarks in the grand ballroom.

Persons: Joe Biden, Kamala Harris, Biden, Harris’s, givers, Harris Organizations: Sunday Locations: San Francisco, Nob, Woodside, Menlo

☆ Tech companies want nuclear power. Some utilities are throwing up roadblocks
▼ + stars: | 2024-08-10 | by ( Spencer Kimball | ) www.cnbc.com time to read: +2 min

A cooling tower at the Constellation Nine Mile Point Nuclear Station in Scriba, New York, US, on Tuesday, May 9, 2023. Tech companies are increasingly looking to directly connect data centers to nuclear plants as they race to secure clean energy to power artificial intelligence, sparking resistance from some utilities over the potential impact on the electric grid. Data centers, the computer warehouses that run the Internet, in some cases now require a gigawatt or more of power, comparable to the average capacity of a nuclear reactor in the U.S. Tech companies are building out data centers just as power supply is increasingly constrained due to the retirement of coal plants and as demand is climbing from the expansion of domestic manufacturing and the electrification of vehicles. PJM covers 13 states primarily in the Mid-Atlantic region, including the world's largest data center hub in northern Virginia.

Persons: Joe Dominguez, Dominguez, Constellation's Dominguez Organizations: Constellation, Tech, U.S, Constellation Energy, Vistra Corp, Nvidia, PJM Locations: Scriba , New York, China, U.S, Baltimore, Dallas, Virginia

☆ Why Apple should buy Warner Bros. Discovery. No, seriously.
▼ + stars: | 2024-08-10 | by ( Peter Kafka | ) www.businessinsider.com time to read: +5 min

So I've got a not-so modest proposal: Time for Apple to jump in with both feet, and buy HBO — along with the rest of Warner Bros. I know, I know: "Apple should buy X, Y or Z" is a long-running piece of techworld fanfic. But now I think Apple should spend real money and buy WBD. And then, boom: Apple's services business — the part of the company Apple needs to keep growing while its hardware business slows — instantly grows by nearly 50%. AdvertisementIt's one thing for a tech company to buy a minor studio and 50% of the James Bond franchise.

Persons: —, I've, that's, Maxes, Warner, James Bond, hoover, It's, Tim Cook, Steve Jobs, Xi Jinping, Donald Trump, WBD Organizations: Service, Apple, HBO, Warner Bros, Business, Warner Bros . Studios, CNN, Warner mergred, Microsoft, Activision, Big Tech, Comcast, Paramount, Warners Locations: writedowns

☆ 'These are not normal;' A new type of dealmaking for AI startups is rattling Silicon Valley
▼ + stars: | 2024-08-10 | by ( Ben Bergman | Sri Muppidi | ) www.businessinsider.com time to read: +7 min

Google unnerved Silicon Valley last week when it agreed to pay $2.5 billion to license Character.AI's technology, hire its two superstar cofounders and 20 percent of employees. The deal came after AI developers Adept and Inflection both effectively sold themselves to Amazon and Microsoft, respectively, in recent months. It was only last year Character.AI raised $150 million in venture funding, which valued the company at $850 million. Its appeal as a chatbot that uses AI to make virtual characters that interact with users seems decidedly niche. Related storiesMost of the founders and investors Business Insider spoke to for this story say Google has little interest in Character.AI's actual product.

Persons: cofounders, Brent Queener, Kyle Sanford, Character.AI, Iris Sun, Noam Shazeer, Daniel De Freitas, Jack Selby, Peter Thiel's, Steve Brotman, Shazeer, De Freitas, PitchBook's Sanford, they're, Roy Bahat, Arvind Jain, Cameron Lester, Lester Organizations: Service, Microsoft, Bonfire Ventures, Business, Apple, Big Tech, AZ, Biden Administration, Federal Trade Commission, Department of Justice, Alpha Partners, FTC, DOJ, New York Times, Google, Madrona Venture, Bloomberg Beta, Jefferies

☆ Former YouTube CEO and Silicon Valley trailblazer Susan Wojcicki has died at age 56
▼ + stars: | 2024-08-10 | by ( Jennifer Elias | ) www.cnbc.com time to read: +5 min

CEO Youtube Susan Wojcicki speaks during the 'What Matters Next' session during the Cannes Lions Festival 2018 on June 19, 2018 in Cannes, France. Former YouTube CEO Susan Wojcicki, who was also one of the most influential early Google employees, has died at the age of 56 according to posts shared online by her husband Dennis Troper and Google CEO Sundar Pichai on Friday night. Wojcicki's husband Dennis Troper wrote on Facebook early Friday night, "It is with profound sadness that I share the news of Susan Wojcicki passing. Pichai confirmed the death and cancer condition in a post on social media Friday, writing that he was "unbelievably saddened" by the loss. During Wojcicki's tenure as YouTube CEO, she oversaw the company's rapid expansion, helping turn it into the largest video platform in the world.

Persons: Susan Wojcicki, Dennis Troper, Sundar Pichai, Wojicki, Wojcicki's, Pichai, Sergey …, Susan, she'd, shepherding, Larry Page, Sergey Brin, Brin, Wojcicki, Google's, Patrick Keane, couldn't, Kim Scott, Neal Mohan, Sheryl Sandberg, @SusanWojcicki, Jeff Dean Organizations: Cannes Lions, YouTube, Facebook, Google, Intel Locations: Cannes, France, Silicon Valley, Park , California

☆ The rise of OpenAI and Microsoft's $13 billion bet on the AI startup
▼ + stars: | 2024-08-10 | by ( Magdalena Petrova | ) www.cnbc.com time to read: +1 min

OpenAI, the company behind the ChatGPT chatbot, was founded in 2015 by a number of researchers, academics and entrepreneurs, including Sam Altman, Greg Brockman and Elon Musk. At the time, OpenAI said Musk left to avoid a conflict of interest with his other company, Tesla , which was becoming increasingly focused on AI. In the years since, OpenAI has grown into one of the prominent leaders in AI development. OpenAI now reportedly generates annual revenue of $3.4 billion, and has notable customers, including PwC, Moderna and Estée Lauder. Microsoft has invested about $13 billion into the AI startup.

Persons: Sam Altman, Greg Brockman, Elon Musk, Altman, Brockman, Musk, OpenAI, Estée Lauder Organizations: Tesla, Moderna, Microsoft, Big Tech Locations: OpenAI

☆ I landed a job in venture capital at 24 after changing my career path twice. Here's how I got the coveted job with a varied résumé.
▼ + stars: | 2024-08-09 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +6 min

My first job out of university was at a tech PR firm. I've always liked wearing different hats, and these threads led me to join Playfair, a generalist VC fund. I was so surprised at how relevant my PR experience wasI was so surprised at how relevant my PR experience was because so much of VC is investor relations. If your background is generalist and diverse, that kind of VC fund would likely suit you. But if you started your career with a technical background, you'd perhaps be suited to a deep tech fund.

Persons: Lucia Polverino, —, Piper Sandler, I've, I, Playfair, It's, it's, that's, grads Organizations: Service, Business, KKR, LexisNexis Locations: London, American

☆ U.S. Vies With Allies and Industry to Tighten China Tech Controls
▼ + stars: | 2024-08-09 | by ( Ana Swanson | ) www.nytimes.com time to read: +1 min

The Biden administration is fighting to overcome opposition from allied nations and the tech industry as it prepares to expand restrictions aimed at slowing China’s ability to make the most advanced semiconductors, which could be used to bolster Beijing’s military capacity. The rules are aimed at blocking off some of the newer routes that Chinese chipmakers have found to acquire technology, despite international restrictions. The United States has been pushing allies like Japan and the Netherlands to toughen their restrictions on technology shipments to China, during visits to those countries as well as a Japanese state visit to Washington in April. Those nations are home to companies that produce chip-making machinery, like ASML Holding N.V. and Tokyo Electron Limited. But industry in the United States and other countries has argued the rules could hurt them, and it remains unclear when or if foreign governments will issue limitations.

Persons: Biden Organizations: United, Tokyo Electron Locations: China, United States, Japan, Netherlands, Washington, Tokyo

☆ Antiaging enthusiasts are getting $16,500 injections to make their knees young again
▼ + stars: | 2024-08-09 | by ( ) www.businessinsider.com time to read: +11 min

For now, here's what we know — and what we don't know — about stem-cell therapy for knees. Bryan Johnson flew to the Bahamas to get MSC stem cells injected into his knees, hips, and shoulders — for about $16,500 per joint. Plus, even Sampson warns that young donor stem cells should not be seen as a quick fix or a panacea. Done with proper medical oversight, some studies have found no adverse effects from stem-cell treatments for various conditions. Botched stem-cell treatments can cause infection, blindness, and excessive cell growth, which can trigger the formation of tumors.

Persons: —, Bryan Johnson, Johnson, hasn't, Josh DeAngelis, Rasul Chaudhry, Chaudhry, Steven Sampson, Chaundhry, Sampson, Peyton Manning, Patrick Smith, George Kittle, Hulk Hogan, TJ Dillashaw, Rafael Nadal, Jack Nicklaus, I've, it's, Paul Knoepfler, he's, It's, Mattias Bernow, we'll, Knoepfler Organizations: Service, Business, MSC, Oakland University, NFL, FDA, UFC, ESPN, CNN, UC Davis School of Medicine Locations: Bahamas, Panama

☆ Google and X lag peers in addressing non-consensual explicit images, lawmakers say
▼ + stars: | 2024-08-09 | by ( Clare Duffy | ) edition.cnn.com time to read: +3 min

New York CNN —Google, X and Discord are among a group of tech giants that could be doing more to address the rising threat of non-consensual explicit images online, according to a letter that a group of senators sent to the companies Friday. The letter criticizes nearly a dozen tech firms for their lack of participation in two programs that make it easier for people to request the removal of non-consensual explicit images and videos from the internet. The letter was spearheaded by Democratic Sen. Jeanne Shaheen and Republican Sen. Rick Scott, and co-signed by ten other senators. Most of the companies named in the letter have policies against the creation or sharing of non-consensual, explicit images, and in some cases offer their own ways for users to report or request the removal of such content. The fight to address non-consensual explicit images and deepfakes has received rare bipartisan support.

Persons: popstar Taylor Swift, OpenAI, Democratic Sen, Jeanne Shaheen, Republican Sen, Rick Scott, deepfakes, Ted Cruz, —, Amy Klobuchar Organizations: New, New York CNN, Google, CNN, Microsoft, National Center for, Democratic, Republican, Capitol Locations: New York

☆ Online disinformation sparked a wave of far-right violence in the UK — here's how
▼ + stars: | 2024-08-09 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +7 min

This escalated into days of riots in the U.K. that saw attacks on mosques, immigration centers and hotels that house asylum seekers. The disinformation circulated online tapped into pre-existing biases and prejudice, Ondrak explained, adding that incorrect reports often thrive at times of heightened emotions. Many of the right-wing protestors claim the high number of migrants in the U.K. fuels crime and violence. Ondrak also noted that many groups that had previously circulated false information about the attack had started walking it back, saying it was a hoax. On Wednesday, the U.K. media regulator Ofcom issued a letter to social media platforms saying they shouldn't wait for the new law to come into force.

Persons: Christopher Furlong, Ali, Hannah Rose, Joe Ondrak, It's, Ondrak, it's, ISD's Rose, Rose, Thabo Jaiyesimi, Elon Musk, pushback, Benjamin Cremel Organizations: Riot, Getty, LinkedIn, Institute for Strategic, CNBC, Police, Telegram, Ofcom, Afp Locations: Rotherham, United Kingdom, Southport, Britain, U.K, Walthamstow, London

☆ Amazon's $4 billion investment in AI firm Anthropic faces U.K. merger investigation
▼ + stars: | 2024-08-08 | by ( Ryan Browne | ) www.nbcnews.com time to read: +4 min

LONDON — E-commerce giant Amazon’s multibillion-dollar investment in the U.S. artificial intelligence firm Anthropic is formally being investigated by a U.K. competition regulator. Amazon completed in March a $4 billion investment in Anthropic. As part of the deal Amazon will make Anthropic’s powerful large language models available on its Bedrock platform for building generative AI applications. An Anthropic spokesperson told CNBC: “We are an independent company. The CMA is separately scrutinizing U.S. software giant Microsoft’s multibillion-dollar partnership and investment in AI giant OpenAI.

Persons: Anthropic, Anthropic “, ”, Matt Calkins, Appian, ” Calkins, you’ve, “ Organizations: Markets, CMA, Amazon, CNBC, Microsoft, U.S . Federal Trade Commission, Google, Big Tech Locations: U.S, Anthropic

☆ Middle East wealth funds are scrambling to rescue their big bets on the future
▼ + stars: | 2024-08-08 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +6 min

Go to newsletter preferencesSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. A particular focus for these funds built on the back of petrodollars has been to build ownership and influence in the tech sector. FETHI BELAIDOver the past week, PIF and Mubadala have been busy figuring out what to do when their unbridled ambitions for tech companies face reality. Reports from the Financial Times and Bloomberg have shone a light on efforts being made by the sovereign wealth fund to boost returns in European startups in which it has invested billions of dollars. AdvertisementSeveral of these nascent tech companies, such as the insurance firm WeFox, have been bruised by shifting sentiment in the markets in recent years.

Persons: —, Abu Dhabi's Mubadala, SoftBank's, ByteDance, Prince Mohammed bin Salman, Peter Rawlinson, Lucid, John Keeble, Rawlinson, PIF, it's, Mubadala Organizations: Service, Saudi, Public Investment Fund, Business, PIF, Financial Times, Bloomberg Locations: Middle, petrodollars, Saudi, California

☆ OpenAI worries people may become emotionally reliant on its new ChatGPT voice mode
▼ + stars: | 2024-08-08 | by ( Clare Duffy | ) edition.cnn.com time to read: +3 min

New York CNN —OpenAI is worried that people might start to rely on ChatGPT too much for companionship, potentially leading to “dependence,” because of its new human-sounding voice mode. ChatGPT’s advanced voice mode sounds remarkably lifelike. Now, OpenAI is apparently concerned that fictional story is a little too close to becoming reality, after it says it observed users talking to ChatGPT’s voice mode in language “expressing shared bonds” with the tool. Some people are already forming what they describe as romantic relationships with AI chatbots, prompting concern from relationship experts. For now, OpenAI says it’s committed to building AI “safely,” and plans to continue studying the potential for “emotional reliance” by users on its tools.

Persons: New York CNN — OpenAI, ”, “, Liesel, ” OpenAI, what’s, OpenAI, it’s Organizations: New, New York CNN, Arizona State University, CNN Locations: New York, OpenAI

☆ The New A.I. Deal: Buy Everything but the Company
▼ + stars: | 2024-08-08 | by ( Erin Griffith | Cade Metz | ) www.nytimes.com time to read: +1 min

Last week, Mr. Shazeer and Mr. De Freitas announced that they were returning to Google. research arm, along with roughly 20 percent of Character.AI’s employees, and provide their start-up’s technology, they said. Instead, Google agreed to pay $3 billion to license the technology, two people with knowledge of the deal said. About $2.5 billion of that sum will then be used to buy out Character.AI’s shareholders, including Mr. Shazeer, who owns 30 percent to 40 percent of the company and stands to net $750 million to $1 billion, the people said. While big tech companies typically buy start-ups outright, they have turned to a more complicated deal structure for young A.I.

Persons: Noam Shazeer, Daniel De Freitas, Shazeer, De Freitas, Character.AI Organizations: Google Locations: Silicon Valley

☆ Elon Musk has a weak case against advertisers — but he's playing the long game
▼ + stars: | 2024-08-08 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +9 min

Read previewOn Tuesday, Elon Musk's X fulfilled his promise to sue advertisers over their boycotting of the platform. GARM creates frameworks to provide common definitions around areas like hate speech and misinformation; it's voluntary whether advertisers use them. It doesn't rank platforms on these issues, and its role isn't to advise advertisers on where to spend their dollars. US advertisers are also protected by the First Amendment to spend or not spend on whichever media platforms they please. If the X suit moves into the discovery phase, there could be a whole lot more.

Persons: —, Elon Musk's X, X, Ørsted, Musk, Ruben Schreurs, Ørsted didn't, GARM, Jim Jordan, colluded, WPP's GroupM, Rob Rakowitz, Rumble, Jamie Barnard, Jim Jordan of Ohio, Win McNamee, Jordan, Brian Wieser, Wieser Organizations: Service, Federation, Global Alliance of Responsible Media, Twitter, Unilever, Mars, CVS, Business, WFA, Republican, Procter, Gamble, WPP's, Committee, Verizon, Chanel, PepsiCo, WPP, Media, Madison Locations: Texas, Ohio

☆ Banks face tough new security standards in the EU — their tech suppliers are under scrutiny, too
▼ + stars: | 2024-08-08 | by ( Ryan Browne | ) www.cnbc.com time to read: +7 min

DORA requires banks, insurance companies and investment to strengthen their IT security. The EU regulation also seeks to ensure the financial services industry is resilient in the event of a severe disruption to operations. These IT providers often deliver "critical digital services to customers," said Joe Vaccaro, general manager of Cisco-owned internet quality monitoring firm ThousandEyes. This has made banks and other financial services providers more vulnerable to cyberattacks and other incidents. DORA will focus more on banks' digital supply chain — which represents a new, potentially less comfortable legal dynamic for financial firms.

Persons: DORA, DORA —, Charles Schwab —, Mike Sleightholme, Joe Vaccaro, Banks, Vaccaro, Sleightholme, it's, Carl Leonard, Leonard, Stephen McDermid, Okta, Fredrik Forslund, Blancco, there's, Forslund Organizations: Getty, Financial, European Union, CNBC, JPMorgan Chase, Santander, Visa, Broadridge, Cisco, EU, Data Locations: European, EU, DORA, noncompliance

☆ A 68-year-old cofounded a biotech business instead of retiring. He's not getting paid for his work but values staying 'mentally engaged.'
▼ + stars: | 2024-08-08 | by ( John Towfighi | ) www.businessinsider.com time to read: +5 min

Two years ago, when he was 68, that opportunity arose: McCaman cofounded Orion Therapeutics, a small company developing new ways for RNA medicine to reach specific areas of the human body. AdvertisementMcCaman, now 70, is the vice president and chief strategy officer at Orion Therapeutics. McCaman is passionate about staying engaged with his interests and said remote work has enabled him to extend his career. McCaman and Fischer launched Orion with Deidra Mountain, a University of Tennessee professor, and Jennifer Zachry, a graduate student. Are you a baby boomer who founded a small business?

Persons: —, Michael McCaman, McCaman, It's, Davis, Intellia, Trey Fischer, Fischer, Jennifer Zachry, there's, John Deere Organizations: Service, Orion Therapeutics, Business, University of California San, University of California, Intellia Therapeutics, University of Tennessee, Orion, University of Tennessee Research Foundation, Launch Locations: Frederick , Maryland, Knoxville , Tennessee, University of California San Diego, California, Lonza, Maryland, Launch Tennessee

☆ Delta lashes out at CrowdStrike for its ‘vastly inadequate’ apology
▼ + stars: | 2024-08-08 | by ( David Goldman | ) edition.cnn.com time to read: +4 min

Boies, hired to lead Delta’s lawsuit against CrowdStrike, said the tech company was “grossly negligent” and was solely responsible for the outage. But Boies called Delta’s IT systems “world class” and claimed Delta’s outage lasted longer because it was so heavily reliant on CrowdStrike and Microsoft. He also disputed the companies’ claims that Delta turned down help and worked around the clock to bring Delta back online. “CrowdStrike also did not work “tirelessly” to help Delta restore its systems,” Boies said. CrowdStrike said Delta ignored its help, and Microsoft said Delta’s mismanagement contributed to the cancellations.

Persons: Delta’s, David Boies, CrowdStrike, Delta, Boies, ’ ”, misstatements, ”, ” Boies, “ CrowdStrike, “, “ CrowdStrike’s, George Kurtz, David DeWalt, DeWalt, Ed Bastian, ” Bastian Organizations: CNN, ” Delta, Microsoft, Delta, LinkedIn, CNBC, “, US Department of Transportation Locations: Delta

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