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☆ Video shows one of Taiwan's F-16s tracking a Chinese J-15 fighter jet with its sniper pod during war games
▼ + stars: | 2024-10-15 | by ( Chris Panella | ) www.businessinsider.com time to read: +4 min

A new video shows one of Taiwan's F-16 tracking a Chinese J-15 fighter jet. The "Joint Sword-2024B" drill involved a record number of Chinese aircraft, as well as warships. AdvertisementA new video from Taiwan's response to China's military exercises this week shows a Chinese J-15 carrier-based fighter jet through the sniper pod on an American-made F-16. In the footage, a Taiwanese F-16 uses its sniper pod surveillance system to track a Chinese J-15, presumably from the Chinese carrier that participated in the Chinese drills. Taipei rejects China's claims of sovereignty over it and has consistently worked to bolster Taiwan's military to deter and defend.

Persons: —, Lockheed Martin, URfScDhgdj — Ryan Chan 陳, China's, Lai Ching Organizations: Service, Military News Agency, Ministry of National Defense, Lockheed, China PLA Navy, CAP, Getty, People's Liberation Army, Independence Locations: Taiwan, Taiwanese, Russian, China, Shenyang, Liaoning, Taiwan Strait, Xinhua, People's Republic of China, Republic of China, Beijing, Taipei

☆ As a warning, China sent warplanes and warships, including its first aircraft carrier, to practice assaulting Taiwan
▼ + stars: | 2024-10-14 | by ( Chris Panella | ) www.businessinsider.com time to read: +6 min

China conducted a large-scale military exercise surrounding Taiwan on Monday. China employed a number of warships, as well as its first aircraft carrier, and dozens of aircraft. AdvertisementIn a warning, China's military surrounded Taiwan during a military exercise on Monday, demonstrating its ability to blockade key ports, execute strikes, and assault positions. China's military, the People's Liberation Army, announced the "Joint Sword-2024B" exercises on Monday morning, with its Eastern Theater Command dispatching troops to conduct joint military drills in the Taiwan Strait and around Taiwan and its outlying islands. In response to the Chinese military drills, Lai posted on X that China aimed "to undermine stability and the status quo, failing to live up to global expectations."

Persons: —, Li Xi, Li, Daniel Ceng, URfScDhgdj — Ryan Chan 陳, Lai Ching, X3SvV8sQY4 — Ian Ellis, Lai Organizations: Service, People's Liberation Army, Eastern Theater Command, PLA Eastern Theater Command, Getty, Taiwan's Ministry of National Defense, PLA, PLA Navy, Ministry of Defense, Liaoning, Sanya Naval, China PLA Navy Locations: China, Taiwan, Anadolu, Liaoning, Sanya, Sanya Naval Base, Hainan, South, Taiwan Strait, Taiwan's, Beijing

He’s lived through many storms in his 30 years on Longboat Key, but Bob Parrish said he’s never before seen the level of destruction that Hurricane Helene blew into town a little more than two weeks ago. It also brought a double whammy of destruction from two major hurricanes to a string of islands and their residents who were still rebuilding from Hurricane Ian in 2022. Honestly, I only cried a little bit after Milton because I cried so much after Helene. Even before Helene and Milton brought the one-two punch, Rodocker was still reeling from Hurricane Debby’s path of destruction in August. “It was like a right, a left and an undercut.”Marco Island, seen here on Sept. 26, was badly flooded by Hurricane Helene.

Persons: He’s, Bob Parrish, he’s, Helene, Milton —, Mary, what’s, “ We’ve, ” Parrish, ”, Angela Rodocker, Anna Maria Island, “, ” David Farrar, everybody’s, Farrar, Milton, ” Rodocker, Maria Island, Rodocker, Marco, Hurricane Helene, Scott Schilke, Bradenton Beach Mayor John Chappie, ” Chappie, Chappie, Mike Norman, Norman, ” Amy Ace Lance, Hurricane Milton, Thomas Simonetti, John Lai, ” Lai, Ian, Rod Nibert, Parrish —, cancer —, Parrish Organizations: NBC, Island Estates, Silver Resorts, AP Residents, Bradenton Beach Mayor, Florida Department of Transportation, Bradenton Beach, Hurricane, Washington, Getty Locations: Lakeland, Sarasota, Hurricane, Island, Clearwater, Bradenton Beach, “, ”, Sanibel, Cape Coral, Charlotte County, Orlando

☆ A Black Workday employee sued the company after it sent police to his home for a 'wellness check'
▼ + stars: | 2024-10-11 | by ( Rosalie Chan | ) www.businessinsider.com time to read: +9 min

A Black Workday employee sued the company, claiming race and disability discrimination. AdvertisementA Black Workday employee filed a race and disability discrimination lawsuit against his employer after it sent police to his house for a "wellness check" while he was being treated at a hospital and had requested medical leave. He also sent a completed leave request form and said he would file the required Family and Medical Leave Act paperwork soon. On October 20, 2022, while he was still at the hospital, Workday sent police to his house for a "wellness check." In May 2023, Hill went on approved disability and medical leave, although he said he was denied long-term disability leave.

Persons: Anthony Hill, —, Hill, Hill's, Cassie Lenning, Lenning, didn't, Anthony, George Floyd, Breonna Taylor Organizations: Service, Business, Department, Labor, Court, District of Columbia Locations: Northern, California's, California, Maryland, Montgomery County

Major infrastructure upgrades meant to protect Florida’s Tampa Bay area from flooding are months away from completion, as the vulnerable region braces for what could be the worst hurricane in more than a century, officials said. Hurricane Milton is expected to strike the Tampa area overnight Wednesday and into Thursday morning with life-threatening storm surge of up to 15 feet, said Austen Flannery, a meteorologist with the National Weather Service’s Tampa office. Since then, the region’s population has grown from roughly 400,000 people to 3.8 million, and the number of buildings has either tripled or quadrupled, according to the Tampa Bay Regional Planning Council. The National Weather Service said Tuesday was the last full day for Florida residents to do so. “This is playing out to be one of our worst case scenarios for our area,” said Wren Krahl, the Tampa Bay Regional Planning Council's executive director.

Persons: Hurricane Milton, Austen Flannery, Ian, Helene, ” Flannery, ” Milton, Joshua Cascio, ”, ” Cascio, Cascio, Adam Smith, ” Smith, Dennis Smith, Smith, Ron DeSantis, Flannery, Wren Krahl, “ I’ve Organizations: Hurricane, Weather, National Weather Service, Workers, Florida State University’s Department of Urban, World Bank, Tampa, Tampa Bay Regional Planning, Statewide, Florida Gov, Tampa Bay Regional Locations: Florida’s Tampa Bay, Tampa, ”, Florida, Seminole, Milton, “ Tampa, Miami, Tampa Bay, Milton’s

☆ Mark Zuckerberg just turned Porsche's minivan concept into a reality. Sort of.
▼ + stars: | 2024-10-07 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +4 min

Chan's car was retrofitted into what's likely the only Porsche minivan in existence. AdvertisementMark Zuckerberg's garage just got an update: a Porsche 911 GT3 with a touring package and, for his wife, Priscilla Chan, a Porsche Cayenne Turbo GT … minivan? Priscilla wanted a minivan, so I've been designing something I'm pretty sure should exist: a Porsche Cayenne Turbo GT Minivan," he wrote. "Threw in a manual GT3 Touring to make it his and hers." Before options, the 911 GT3 Touring cost $164,650, he wrote.

Persons: Mark Zuckerberg, Porsches, Priscilla Chan, —, Mark Zuckerberg's, Priscilla, Zuckerberg, Justin Bieber, Shaquille O'Neal, Angus Fitton, Fitton, West Coast Customs spokespeople, Chan, Pagani Organizations: Porsche, Service, Porsche Cayenne, Porsche Cayenne Turbo GT, West Coast Customs, Turbo, Acura TSX, Honda, Business, BI Locations: California, Italian

Wall Street's top performers are hard workers who tend to work long, intense hours. Business Insider asked its 2024 class of Wall Street stars about how they stay mentally sharp. Here's what we learned about the hacks, habits, and routines that help top talent on Wall Street stay on their game. The routine helps him stay present with his home life as well as work, he added. But I think those two things help me to at least stay recharged and stay ready each day," he said.

Persons: —, Mark Zhu, Craig Kolwicz, Goldman Sachs, Corey White, Nina Gnedin, Blake Cecil, Chi Chen, Robert Sapolsky, Justin Elliott, Read, Palmer Osteen, KKR's, I've, That's, Daniela Cardona, America's White, Ben Carper, it's, there's, Matthew Eid, Holm, Reinhard Dirscherl, Melissa Ding, Wells, Annie Cheslin, she's, Margaret Williams, Morgan Stanley, Williams, Apollo's Austin Anton, Erica Wilson's, deadlifted, Harrison DiGia, Patrick Lenihan, barre, Elizabeth Stone Redding, Stone Redding, Matt Gilbert, Thoma, Gilbert, I'm, Dan, Feroz Khosla, isn't Organizations: Business, Service, Blackstone, Finance, Goldman, of America, Man Group, Productivity, Bridgewater Associates, Bank of America, Fidelity Investments, RBC, Bank, America's, Jefferies, Capital Advisory, Ares Management, Getty, BlackRock, Blue, General Atlantic, JPMorgan Asset Management, TPG, Thoma Bravo, Citadel Securities Locations: Blackstone, Chicago, San Francisco, Coast, Boston, Silicon Valley, New York, I'm, Maldives, he's, Thailand, Central Park

The World War II tank commander and recipient of the Navy Cross, the military’s second-highest recognition for valor, was one of the first service members exposed to a contaminated water supply at Camp Lejeune. His granddaughter sought to prove he was sickened at the Marine Corps training facility in North Carolina. Now, she plans to share what she believes is the largest private collection of Camp Lejeune materials with the veterans named in her documents. “I want to give these hard copies back.”Leo Case was stationed at Camp Lejeune after earning a Navy Cross for valor during World War II. Hoerman said she started digging into her grandfather’s history after the PACT Act of 2022 expanded benefits to millions of veterans exposed to burn pits and other toxic substances.

Persons: Leo Case, Camp Lejeune, It’s, ”, Jessie Hoerman, Louis, “, ” Leo Case, Lejeune, Case, Hoerman Organizations: Pacific, Navy, Marine Corps, Camp Lejeune, Agency, Toxic Substances, Veterans Administration, NBC News Locations: Iwo Jima, Camp, North Carolina, St, Syracuse , New York

☆ Hong Kong plans to install thousands of surveillance cameras. Critics say it’s more proof the city is moving closer to China
▼ + stars: | 2024-10-05 | by ( Jessie Yeung | ) edition.cnn.com time to read: +11 min

Hong Kong CNN —Glance up while strolling through parts of downtown Hong Kong and, chances are, you’ll notice the glassy black lens of a surveillance camera trained on the city’s crowded streets. Hong Kong police had previously set a target of installing 2,000 new surveillance cameras this year, and potentially more than that each subsequent year. Facial recognition gates at the departure hall of Hong Kong International Airport. Tang and the Hong Kong police have repeatedly pointed to other jurisdictions, including Western democracies, that also make wide use of surveillance cameras for law enforcement. Protesters on the streets covered their faces with masks and goggles to prevent identification, at times smashing or covering security cameras.

Persons: Chris Tang, Budrul Chukrut, Tang, haven’t, Kong’s, ”, Samantha Hoffman, Hoffman, Joshua Wong –, –, “, Miguel Candela, Qilai Shen, ” Hoffman, Sing, Sing Tao, Steve Tsang, it’s, doesn’t, Normann Witzleb, Chan Long Hei, Witzleb, they’re, ” Witzleb Organizations: Hong Kong CNN —, Hong Kong, Hong Kong International Airport, Budrul, CNN, Hong Kong Police Force, National Bureau of Asian Research, New, London, Protesters, New Town, QR, New York Times, Bloomberg, Getty, SOAS China Institute, University of London, Chinese University of Hong Locations: Hong Kong, China, Hong, Singapore, United Kingdom, Tao, United States, Hong Kong Hong Kong, New York City, Beijing, Xinjiang, Bund, Shanghai, Sing Tao, Chinese University of Hong Kong, Victoria Harbour

Business Insider asked 27 venture-capital investors to nominate the most promising fintechs. VCs highlighted startups that haven't raised beyond a Series C.Here are the 49 most promising fintechs. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Business Insider asked 27 top investors — including Index Ventures, QED Investors, and Bain Capital Ventures — to name some of those diamonds in the rough. Check out the 49 startups identified as most promising by 27 top investors.

Persons: —, fintechs Organizations: Service, Business, Index Ventures, Bain Capital Ventures

☆ The beginner's guide to nepo babies
▼ + stars: | 2024-10-04 | by ( Amanda Yen | ) www.businessinsider.com time to read: +9 min

AdvertisementThere's one other field that's become a magnet for nepo babies with something new to say: journalism. The coastersBrooklyn Peltz Beckham and Nicola Peltz Beckham at the Academy Museum Gala in December 2023. Brooklyn Peltz Beckham and Nicola Peltz Beckham also fall into this category. The activistsSome nepo babies use their inherited millions to address social issues they're passionate about. The normiesLastly, there are some nepo babies who have chosen professions in fields where their connections won't help them quite as much.

Persons: —, John Quincy Adams, John Adams, Liza Minnelli, Judy Garland, Chan Zuckerberg, Mark Zuckerberg, Taylor Swift, Zuckerberg, Forbes — isn't, ultrarich, Alexandre Arnault, Antoine Arnault, Delphine Arnault, Bernard Arnault, Vianney Le Caer, Murdoch, Donald Trump, Fred Trump, Bill Gates, David Ellison, Larry Ellison, Jessica Pegula, Emma Navarro, Bruce Springsteen, Michael Bloomberg, Lance, Lawrence, Williams, Logan Sargeant, McLaren, Lando Norris, Jack Schlossberg, Kennedy, who's, Z's, Ronan Farrow, Mia Farrow, Woody Allen, rocketed, Harvey Weinstein, Brooklyn Peltz Beckham, Nicola Peltz Beckham, Frazer Harrison, Paris Hilton, Olivia Jade Giannulli, Lori Loughlin, she's, David, Victoria Beckham, Nelson Peltz, Abigail Disney, She's, Zers, Elon Musk's, Vivian Wilson, Jennifer Gates Nassar, Charles Shaffer, Anna Wintour Organizations: Service, Fox, News Corp, Oracle, Skydance Media, Aston Martin, New Yorker, Brooklyn, Academy Museum, Paris, Hilton, University of Southern, Zen, Disney, Bank of Mom, Vogue, Columbia University Locations: —, New, University of Southern California, Mount Sinai

Scientists with the National Weather Service and the National Hurricane Center began sounding the alarm as early as Sept. 23. In a YouTube video posted that morning, the National Hurricane Center’s deputy director, Jamie Rhome, described a tropical cyclone that would “briskly develop” into a hurricane. Monday night, the National Weather Service posted on X that heavy rain and powerful wind gusts would hit the Southeast later in the week. “It is not common for the National Weather Service to use words like ‘catastrophic’ to describe forecasts,” Buncombe County Manager Avril Pinder said at a news conference Thursday morning. That has made even apolitical groups like the National Oceanic and Atmospheric Administration (NOAA) and the National Weather Service a target of some Republicans.

Persons: Hurricane Helene, Amanda Wright, Wright, ” Wright, “, Jamie Rhome, David Novak, Avril Pinder, grimly, ” Novak, ”, Mae Creadick, Donald Trump, Helene, ” Trump, Kelli Burns, ” Burns, Chris Gloninger, Gloninger, we’re, ” Gloninger, Asheville ”, ” Ophir Organizations: Hurricane, National Weather Service, National Hurricane Center, NWS, Prediction, Social, NBC News, ”, Oceanic, Atmospheric Administration, NOAA, University of South, University of Buffalo Locations: U.S, Knoxville , Tennessee, Asheville , North Carolina, Florida’s Big Bend, Hurricane, North, Buncombe, Taylor County , Florida, Buncombe County, Asheville, Columbia , South Carolina, ” In Tennessee, University of South Florida, North Carolina, Kings Mountain , North Carolina, Ophir

A severely damaged water system that could take weeks to repair. Hundreds of miles from where it made landfall in Florida’s Big Bend, Hurricane Helene caused unprecedented damage in western North Carolina, where at least 49 people have died and dozens of others are missing. “The devastation was beyond belief,” North Carolina Gov. “Were they stationing water off the mountain ready to be trucked up here, knowing how fragile our water system is? Anyone acting like this is a surprise has not been here long enough and is not from the mountains and does not understand how water works.”

Persons: Hurricane Helene, Roy Cooper, that’s, Deanne Criswell, Cooper, Devonna Brown, ”, “, ” Sara Legatski Organizations: North Carolina Gov, Federal Emergency Management Agency, FEMA Locations: Florida’s Big Bend, Hurricane, North Carolina, Asheville, “

☆ The US dockworkers strike is here, and it's impacting more than just packages
▼ + stars: | 2024-10-01 | by ( Alex Bitter | ) www.businessinsider.com time to read: +5 min

A strike at ports along the US East and Gulf Coasts presents huge challenges for the economy. The strike could lead to billions in daily economic losses and stall imports ranging from mangoes to auto parts. The dockworkers are pushing for higher wages and a ban on automation at the ports. AdvertisementA major strike at US ports started on Tuesday and could snarl everything from holiday shopping to auto production lines. But the strike could halt shipments of those foods, including mangoes, bananas, and other fresh fruit from Central and South America.

Persons: —, Bruce Chan, Costamare, Alan Murphy, Jonathan Gold, Mia Ginter, Robinson, Joe Biden, Biden, Taft, Hartley, Sean M, O'Brien Organizations: Gulf Coasts, Service, Workers, International Longshoremen's Association, United States Maritime Alliance, JPMorgan, . Shipping, ZIM Integrated Shipping Services, FedEx, UPS, Intelligence, Jefferies, Retailers, National Retail, Joe Biden Trade, National Retail Federation, Teamsters Locations: Maine, Texas, Central, South America, East Coast, West Coast, Taft

☆ The biggest stock market winners and losers of the US port strike
▼ + stars: | 2024-10-01 | by ( Matthew Fox | ) www.businessinsider.com time to read: +5 min

Port workers are demanding a 61.5% raise and oppose the adoption of automation in new contract negotiations. According to Stifel analyst Bruce Chan, the ramifications of the port strike won't be sizable unless the strike is drawn out for more than two weeks. Robinson Worldwide and Expeditors International of Washington have seen gains of 4% and 5% in the past week, respectively, as investors anticipate increased business due to the port strike. Biggest losersThe biggest losers, so far, appear to be shipping container companies that are directly exposed to the port strike. That means railroads and trucking companies with significant exposure to the east coast could take a hit.

Persons: —, Bruce Chan, Chan, It's, Robinson, Biden, Hartley Organizations: Air, UPS, FedEx, Service, Workers, International Longshoremen's Association, Yahoo Finance, ILA, Expeditors International of Washington, ZIM Integrated Shipping Services, Lease, Taft, CSX, NSC, Walmart, Costco, Target Locations: Gulf, East, West, Canada, Taft, Coast

Patrick Lenihan, 33, JPMorgan Asset ManagementJP Morgan Asset ManagementAt JPMorgan Asset Management, Lenihan manages $21 billion in 8,000 customizable portfolios that provide generous tax advantages for the firm's clients. The dual role of fund manager and product developer combines his interest in finance with his engineering background. Lenihan led the development of a product that required buy-in from across internal tech teams, third-party partners, and operations. Lenihan also launched a mentoring program that seeks to build connectivity among different teams at the asset manager. "I have learned firsthand about how successful you can be with those close partnerships when you work together, " he said.

Persons: Patrick Lenihan, Lenihan, Ted Dimig Organizations: JPMorgan Asset, Asset Management, JPMorgan Asset Management, JPMorgan, Chrysler, University of Michigan, CFA, Wharton

No ballot will have a gun-related initiative led by voters this fall. Among the four proposed reforms, voters in Washington state wanted to ban assault weapon sales, while voters in California proposed requiring trigger locks on firearms and annual gun license renewals. Heyne said it is a sign that state and federal legislators are enacting gun laws, meaning voters no longer have to take matters into their own hands. In a landslide, voters in California greenlit proposals that strengthened gun laws. In May, the state passed a law preventing local governments from enforcing red-flag laws.

Persons: Victoria Rose, Rose, Christian Heyne, Brady, Heyne, ” Heyne, Joe Biden, ”, “, Randy Kozuch, Kozuch, ” —, Jonathan Skrmetti, Skrmetti Organizations: Safer Communities, NRA Institute for Legislative, NRA, ILA, Colorado, Tennessee Locations: Oregon, Washington, California, Nevada, New York, Memphis

Hurricane Helene killed at least 22 people and left millions without power across the Southeast before weakening on its way north Friday morning, officials said. Hurricane-felled trees caused two deaths in Anderson County, South Carolina, officials said. Debris left by Hurricane Helene in Cedar Key, Fla., on Friday. Miguel J. Rodriguez Carrillo / AFP - Getty ImagesMeanwhile, more than 4.3 million people are experiencing power outages in South Carolina, Georgia, Florida, North Carolina and Virginia, according to poweroutage.us, which tracks utility data. At 11 a.m., the storm was 30 miles southwest of Bryson City, North Carolina, moving northward with maximum sustained winds of 45 mph.

Persons: Helene, Floridians, Jamie Cruse, “ We’re, ”, “, Bruce Rector, NBC’s, Megan Varner, Brian Kemp, Ron DeSantis, Roy Cooper, Hurricane, Miguel J, Rodriguez Carrillo, Ana Gibbs, Ronda Bell, Mike Stewart, Joe Biden, Deanne Criswell Organizations: National Hurricane Center, NBC, ” Clearwater, Georgia Gov, Florida Gov, Gov, North Carolina, Highway Patrol, AFP, Getty, Florida, & Light Company, Duke Energy Florida, Duke Energy, Federal Emergency Management Locations: Big Bend, Florida’s, Perry , Florida, Clearwater, Gulf Coast, Atlanta, Georgia, Pinellas County , Florida, Florida, Dixie County, North Carolina, Catawba County, Charlotte, Anderson County , South Carolina, Cedar Key, Fla, South Carolina , Georgia, Virginia, Valdosta, Ga, Carolinas, Charleston, Wilmington, Raleigh, Norfolk, Bryson City , North Carolina, Georgia , Florida , Alabama, South Carolina

Chin-Hong said the variant is a so-called recombinant of two other strains — KS.1.1 and KP.3.3 — meaning that genetic information was exchanged between them to form a third strain, XEC, Chin-Hong said. Is the XEC variant more contagious? Chan School of Public Health, said there’s no evidence yet that the XEC variant is much more transmissible than what’s currently circulating. The variant is closely related to KP.2, the strain targeted by the updated vaccines from Pfizer and Moderna. Bright, however, cautioned that clinical data is ultimately needed to determine how well the updated vaccines work against the XEC variant.

Persons: “, ”, Peter Chin, ” XEC, we’re, Rick Bright, Hong, Bill Hanage, ” Hanage, It’s, XEC, Hanage, “ It’s, Marc Johnson, Johnson, There’s, ” Chin, ” Johnson, ” Bright Organizations: Centers for Disease Control, Prevention, University of California, Biomedical, Research, Development Authority, Department of Health, Human Services, CDC, Harvard, of Public Health, University of Missouri School of Medicine, Pfizer, Moderna Locations: United States, San Francisco, Europe, Chin, U.S, Chan, Germany, Netherlands, France

☆ 64% of Chinese Americans think tense U.S.-China relations affects how others treat them
▼ + stars: | 2024-09-25 | by ( Kimmy Yam | Kimmy Yam Is A Reporter For Nbc Asian America. | ) www.nbcnews.com time to read: +6 min

For the study, released jointly by Chinese American civic engagement nonprofit Committee of 100 and NORC at the University of Chicago, researchers sampled 504 Chinese Americans in March. But the Biden-Harris administration published a memorandum in 2021 condemning the use of racist rhetoric toward Asian Americans. About two-thirds of respondents said they felt that the rhetoric used by U.S. media when reporting on the issue negatively affects how strangers treat them. Land restrictions, like in Florida, that limit Chinese citizens from buying property, could be affecting the Chinese community as well. “Regardless of the intention of these tough-on-China policies, there are unintended consequences on the treatment of Chinese Americans.”

Persons: ”, Nathan Chan, Steven Cheung, Donald Trump’s, Kamala Harris, Harris, ” Chan, Trump, ” Trump, Chan, Ann Yoo, Yoo, ” Yoo Organizations: U.S, University of Chicago, Loyola Marymount University, Chinese Communist Party, Democratic, Biden, Federal Government, Pacific Islanders, Trump, China Initiative, Republicans, FBI, Justice Department, Republican, Asian American Federation Locations: China, New York City, Florida

☆ 1 in 3 children worldwide is now nearsighted, study shows
▼ + stars: | 2024-09-25 | by ( Jack Guy | ) edition.cnn.com time to read: +4 min

Nearsightedness, or myopia, refers to when closer objects are clear, but distant objects are blurry. Nearsightedness is expected to keep rising among children and adolescents. This could be due in part to the fact that East Asian children start formal education at the age of 2 or 3, earlier than kids in other regions, the researchers say. Progression of nearsightedness in children can be slowed by taking breaks and avoiding hour after hour on the phone or computer, he wrote. Limiting up-close reading time outside of school — screen time or otherwise — may help slow the progression of nearsightedness in children, he added.

Persons: Sun, Dibyangshu Sarkar, “, Dr, Benjamin Botsford, ”, Botsford Organizations: CNN, British, Ophthalmology, University, UMass Chan Medical Locations: Guangzhou, China, AFP, Singapore, Taiwan, Japan, nearsighted, South Korea

☆ Micron shares surge after upbeat first-quarter forecast due to AI demand for memory chips
▼ + stars: | 2024-09-25 | by ( ) www.cnbc.com time to read: +2 min

Micron Technology shares surged roughly 14% in after-hours trading after the memory maker forecast higher-than-expected first-quarter revenue due to the thirst for its memory chips used in artificial intelligence computing. HBM is a space-saving, power-efficient type of dynamic random access memory chip, or DRAM, crucial for AI-focused graphics processing units, that aid in processing vast amounts of data. "Demand from data center customers continues to be strong and customer inventory levels are healthy," Micron CEO Sanjay Mehrotra said on a conference call with analysts. The AI boom has also helped Micron cushion the hit from a memory chip inventory glut in PC and smartphone markets. Personal computers infused with AI technologies are expected to have more memory chips, helping firms such as Micron.

Persons: Sanjay Mehrotra, Wall, Kinngai Chan, Sumit Sadana Organizations: Micron Technology, Micron, South Korea's SK Hynix, Samsung, Nvidia Locations: U.S

☆ An 'AI associate' for PE firms just launched. Here's a look at the pitch deck that helped it raise a $1.5 million seed round.
▼ + stars: | 2024-09-24 | by ( Bianca Chan | ) www.businessinsider.com time to read: +5 min

On Tuesday, Goldman and his cofounder, Shivaal Roy, launched Mako AI after building the startup for about a year. Before cofounding Mako with Goldman, Roy was an early engineering hire at Glean, an AI-enabled enterprise-search startup valued at $2.2 billion. So far, Mako has a handful of clients, including mid-market PE firms and growth-equity firms, including L.A.-based Shamrock Capital and San Francisco firm GroundForce Capital. Advertisement"The most important thing right now is getting this product from a first-year associate to a second-year associate," Goldman said. Here's the pitch deck Mako used to raise its $1.55 million seed round led by Khosla Ventures.

Persons: —, Danny Goldman, Goldman, Shivaal Roy, Mako, hasn't, Blackstone, OpenAI's, Roy, cofounding Mako Organizations: Service, Bain, Co, Business, Khosla Ventures, KKR, Shamrock Capital, GroundForce, Mako Locations: San Francisco

☆ As threats grow, funds for election security see a squeeze
▼ + stars: | 2024-09-21 | by ( Bob Ortega | Anna-Maja Rappard | ) edition.cnn.com time to read: +17 min

That’s why Maricopa County has spent over $864,000 in federal funds and more than $3 million in county funds to bolster its election security and processes over the past four years. Officials readily shared their worries with CNN, citing death threats, harassment, baseless lawsuits, onerous public-records requests and various security threats spurred by false claims about voter fraud. Amid these challenges, budgets for election security have been squeezed in several ways. Thousands of election workers across the country have reported receiving harassing, offensive or hostile communications, including since the 2022 midterms, according to the Department of Justice’s Election Threats Task Force. As recently as Tuesday, Trump threatened to prosecute and imprison election officials if he wins in November, as he cast doubt on the integrity of the upcoming election.

Persons: ”, Bill Gates, MAGA, Donald Trump’s, —, Ben Hovland, ” Hovland, ” Ben Hovland, Patrick Semansky, Hovland, Joe Biden, Biden, Sen, James Lankford, “, Louisiana hasn’t, they’ll, Colorado —, CNN they’ve, “ We’re, they’ve, John Michael Catalano, Elijah Nouvelage, Isaac Cramer, Katharine Clark, we’re, Cramer, Mark Zuckerberg, Priscilla Chan, Zuckerberg, Trump, Chan, George Christenson, Republicans don’t, Jim Jordan of, Alex Jones swooped, Kelli Ward, Rudy Giuliani, Mark Meadows, Jenna Ellis, Kari Lake, She’s, Stephen Richer, Michael Chow, who’ve, Judge Scott Blaney, denialism, Kamala Harris, Arizona’s, Jeff Woolf, ” Woolf Organizations: Phoenix CNN, county’s, Supervisors, CNN, “, U.S, Election, Commission, National Association of, State, Help, Congress, FBI, US Postal Service, Tech, Civil, Center, Election Innovation, Research, Department, Force, South Carolina, South, Charleston County, Facebook, Democratic, Biden, Trump, FEC, GOP, Republicans, Democrats, Arizona Senate Republican, USA, Network, Arizona Superior Court, Republican Locations: Maricopa, Maricopa County, Washington, California , Georgia, Nevada , Oregon , Texas, Arizona , Georgia, North Carolina, Takoma Park , Maryland, Oklahoma, “ Louisiana, Nevada, Michigan, Louisiana, Delaware, Virginia, Colorado, Arizona, Georgia, Oregon, South, South Carolina, Fulton County, Atlanta, Charleston, Santa Fe , New Mexico, Pennsylvania, In Wisconsin, Milwaukee County, Wisconsin, Jim Jordan of Ohio, China, Republic

☆ These are the 3 patterns of the ‘chronically single,’ says breakup expert
▼ + stars: | 2024-09-20 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: +4 min

The term "chronically single" has gone viral on TikTok with some videos reaching more than 10 million viewers globally. There are two types of single people: single people who are happy being single, and single people who are not happy being single, Amy Chan told CNBC Make It. After experiencing a gut-wrenching breakup in her 20s, Chan set off to change the breakup and dating experience for people everywhere. Today, she works as a relationship and breakup coach, and runs two weekend retreats, called "The Breakup Bootcamp" and "The Dating Bootcamp." They sabotage their relationshipsAnother pattern of the "chronically single" is that they tend to sabotage their relationships, said Chan.

Persons: Amy Chan, you've, Chan, —, They've Organizations: CNBC Locations: TikTok

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