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☆ Darktrace shares pop 26% after EY concludes report into accounting allegations
▼ + stars: | 2023-07-18 | by ( Ryan Browne | ) www.cnbc.com time to read: +2 min

LONDON — Shares of British cybersecurity firm Darktrace surged 26% Tuesday after the company said that auditing firm EY had concluded a review into the company's financial processes and controls. The cybersecurity firm said its sales got a boost from client interest in generative artificial intelligence. EY conducted a "thorough review" of its policies, processes and controls, Darktrace said. Copies of the EY report are being voluntarily shared with the Financial Conduct Authority and the Financial Reporting Council, Darktrace said. "We call upon Darktrace to fully unveil the details of the EY review and facilitate an open dialogue on its findings," Quintessential said in a statement posted on Twitter.

Persons: Darktrace, EY Organizations: British, Capital Management, CNBC, Financial, Authority, Twitter Locations: New York

☆ Tired of Elon Musk? Here are the Twitter alternatives you should know about
▼ + stars: | 2023-07-09 | by ( Jennifer Korn | ) edition.cnn.com time to read: +7 min

CNN —When Elon Musk took over Twitter in October and began upending the platform, there weren’t many viable alternatives for frustrated users. ThreadsThreads is Meta’s long-anticipated answer to Twitter and the biggest threat to the social network Musk bought for $44 billion. And Zuckerberg isn’t just looking to catch up to Twitter; he wants to build a service that’s far larger. Spill has also emerged as a haven for Black Twitter users and marginalized communities seeking a safe space online. BlueskyBluesky, a service backed by Twitter co-founder Jack Dorsey, looks identical to Twitter, with one key difference.

Persons: Elon Musk, Musk, Mark, ” Sarah Oh, Alphonzo Terrell, Zuckerberg, hasn’t, ” Zuckerberg, Terrell, “, ” Oh, Meta, ”, Jack Dorsey, Bluesky, Dorsey, Mastodon, It’s, Eugen Rochko, Cohost, reposts, don’t, Jae Kaplan, we’re Organizations: CNN, Twitter, Meta, San Francisco Bay Area, Cohost, “, Facebook Locations: San Francisco Bay

☆ Opinion | Approaches to Mental Illness
▼ + stars: | 2023-06-17 | by ( ) www.nytimes.com time to read: +1 min

To the Editor:Re “There’s a Reason So Many People Quit Antipsychotic Drugs,” by Daniel Bergner (Opinion guest essay, June 4):Thank you to Mr. Bergner and The New York Times for countering hate and prejudice and raising a voice of reason on the subject of forced psychiatric treatment. There are so many of us: those who were harmed by forced treatment, those whose loved ones were harmed, those who lost loved ones to horrible physical side effects of psychotropic medications or to suicide when people chose death over another round of forced treatment. Patients flock to the few places that offer effective, humane treatment modalities (Open Dialogue, Soteria House). Providing housing without preconditions along with access to voluntary mental health services is the best evidence-based practice recommended by the Substance Abuse and Mental Health Services Administration of the U.S. Department of Health and used with great results all over the world. But it does not create a lot of profit for pharmaceutical companies and psychiatric hospitals.

Persons: Daniel Bergner, Bergner Organizations: New York Times, Mental Health Services Administration, U.S . Department of Health

☆ Twitter has suspended the accounts of a prominent Tesla and Elon Musk critic, PlainSite founder Aaron Greenspan
▼ + stars: | 2023-06-15 | by ( Lora Kolodny | ) www.cnbc.com time to read: +2 min

Twitter suspended the accounts of PlainSite and its founder Aaron Greenspan, a prolific Tesla and Elon Musk critic, on Tuesday afternoon. PlainSite is an online database that makes state and federal court filings and other public records available to users for free. Greenspan has meticulously tracked litigation by or against companies mostly in the U.S., including Tesla, Twitter (which Musk took private in an acquisition last year), as well as competitors GM , Meta and a myriad of others. The suspension stands at odds with public statements from Twitter's executive chairman and CTO Elon Musk, and newly-appointed CEO Linda Yaccarino. He also discussed some of the reasons why he started the "legal transparency initiative" PlainSite, and how he came to be regarded as an Elon Musk nemesis.

Persons: Aaron Greenspan, Elon Musk, Greenspan, Tesla, Musk, Linda Yaccarino, Yaccarino, Elon Organizations: Twitter, GM, Meta, CNBC Locations: PlainSite, U.S, NBCUniversal

☆ People are getting fired up about Twitter CEO Linda Yaccarino's 'Enter Twitter 2.0' announcement
▼ + stars: | 2023-06-13 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

Linda Yaccarino made her first big announcement as Twitter CEO on Monday. She spoke about the importance of free speech and added: "Enter Twitter 2.0." Twitter CEO Linda Yaccarino made her first big announcement on Monday, and people are getting fired up over it. Her comments provoked a number of Twitter users, many of whom mocked Yaccarino's statement, to question what "Twitter 2.0" actually means. And Yaccarino's reference to free speech comes since researchers say Twitter has seen increased levels of hate speech.

Persons: Linda Yaccarino, Yaccarino, Elon Musk, Musk, — Dr, Bucky, —, Twitter Organizations: Elon, NBC, Twitter

☆ OpenAI CEO says 'optimistic' on global AI coordination
▼ + stars: | 2023-06-12 | by ( Sam Nussey | ) www.reuters.com time to read: +2 min

[1/6] Sam Altman, CEO of ChatGPT maker OpenAI, attends an open dialogue with students at Keio University in Tokyo, Japan June 12, 2023. REUTERS/Issei KatoTOKYO, June 12 (Reuters) - The CEO of ChatGPT maker OpenAI on Monday said a tour of capital cities had left him "quite optimistic" about prospects for global coordination on artificial intelligence (AI). Altman visited Japan in April, meeting with Prime Minister Fumio Kishida and saying he was considering opening an office in country. "All of the conversations have progressed quite well," Altman said on Monday without providing detail. Reporting by Sam Nussey and Tom Bateman; Editing by Christopher CushingOur Standards: The Thomson Reuters Trust Principles.

Persons: Sam Altman, OpenAI, Issei Kato TOKYO, Altman, Fumio Kishida, Sam Nussey, Tom Bateman, Christopher Cushing Organizations: Keio University, REUTERS, Microsoft Corp, Regulators, European, Thomson Locations: Tokyo, Japan, United States, Singapore, Indonesia, Australia

☆ Twitter's new CEO just sent her first email to employees, then posted it on Twitter
▼ + stars: | 2023-06-12 | by ( Paul Squire | Madeline Berg | ) www.businessinsider.com time to read: +4 min

Twitter's new CEO Linda Yaccarino says it's time for the platform to enter "Twitter 2.0." In an email to employees, Yaccarino said: "You should have the freedom to speak your mind." Twitter's new CEO Linda Yaccarino is sharing her vision for "Twitter 2.0" — and it sounds a lot like owner Elon Musk's ambitions. In an email sent Monday to Twitter employees, Yaccarino said it's her mission to turn Twitter into "the world's most accurate real-time information source." "That's not an empty promise," she wrote, later sharing the email — with some slight tweaks — in a public thread on Twitter.

Persons: Linda Yaccarino, Yaccarino, Elon Musk's, it's, Elon Musk, Musk, Twitter, she'll Organizations: Twitter, The New York Times, US

☆ Twitter CEO Linda Yaccarino echoes Musk in emphasizing freedom of speech in debut tweet thread
▼ + stars: | 2023-06-12 | by ( Jonathan Vanian | ) www.cnbc.com time to read: +4 min

In her first tweet thread since becoming CEO of Twitter last week, Linda Yaccarino on Monday emphasized the company's focus on free speech, a topic favored by owner Elon Musk. "Twitter is on a mission to become the world's most accurate real-time information source and a global town square for communication," Yaccarino wrote on Twitter and in a memo to employees. Prior to Twitter, Yaccarino was global advertising chief at NBCUniversal, CNBC's parent company. "We have the opportunity to reach across aisles, create new partnerships, celebrate new voices, and build something together that can change the world," Yaccarino wrote. Twitter is on a mission to become the world's most accurate real-time information source and a global town square for communication.

Persons: Linda Yaccarino, Elon Musk, Yaccarino, Musk, we're, Elon, that's, Linda, Ron DeSantis Organizations: Twitter, Pew Research Center Locations: NBCUniversal

☆ Online College Classes Are Making the Student Debt Crisis Worse
▼ + stars: | 2023-06-05 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +18 min

She applied and was accepted to the online program in 2020. In exchange for expanding course offerings and recruiting students, OPMs receive a big chunk of the tuition revenue from the online programs, which usually cost the same as in-person schooling. While it's not always the case, many experts and grads told me that OPMs were offering online students a worse education for a sky-high price. A third-party provider to those schools, 2U signs a contract to offer services such as recruiting and technology to boost online enrollment. OPMs have helped fuel the student debt crisis, saddling may students with tens of thousands of dollars worth of debt and an uncertain future.

Persons: Iola Favell, Favell, Rossier, Zavareei, USC Rossier, OPMs, it's, grads, Eric Rothschild, John Katzman, Katzman, Clare McCann, McCann, —, Aaron Ament, Barack Obama, That's, STEFANI REYNOLDS, Helen Drinan, Cabrini University —, Drinan, Democratic Sens, Elizabeth Warren, Tina Smith, Sherrod Brown, Pearson, Rosa DeLauro, Virginia Foxx, Ament Organizations: University of Southern California's Rossier School of Education, USC, Student Defense, Zavareei LLP, US, Education Department upended, Education Department, Arnold Ventures, OPM, Office, Los Angeles Times, Wall Street, Canyon University, Grand Canyon, Century Foundation, Getty, Cabrini University, Simmons University, Democratic, GAO, Republican, GOP, Universities, Protection, Consumer Financial, Bureau Locations: California, Georgetown, —, Pennsylvania, Massachusetts

Speaking at the Shangri-La Dialogue, Asia's top security summit, Austin said that open lines of communication between U.S. and Chinese defence and military leaders were essential to avoid conflict and bolster stability in the Asia-Pacific. "The more that we talk, the more that we can avoid the misunderstandings and miscalculations that could lead to crisis or conflict." China's Minister of National Defence Li Shangfu had this week declined an invitation to meet Austin at the security summit. On Friday, the two shook hands on the sidelines of the conference but did not hold detailed talks, the Pentagon said. "(AUKUS) promotes greater stability and security," Austin said.

Persons: Defense Lloyd Austin, Caroline Chia, Austin, Austin Austin, National Defence Li Shangfu, Antony Blinken, Liu Pengyu, General, Lei, Zhao Xiaozhuo, Zhao, Xi Jinping, Joe Biden, Xinghui Kok, Joe Brock, Chen Lin, Gerry Doyle, Kanupriya Kapoor, Greg Torode, Ryan Woo, Idrees Ali, Phil Stewart, Yew, Raju Gopalakrishnan Organizations: Defense, REUTERS, United, People's, National Defence, Austin, Pentagon, Academy of Military Sciences, Global Times, U.S, China's Academy of Military Sciences, Australia, Thomson Locations: Singapore, China, Taiwan, Asia, Pacific SINGAPORE, United States, South China, People's Republic of China, U.S, Washington, TAIWAN, Beijing, Ukraine, Pacific, Australia, Japan, India, Philippines

☆ Online College Class Providers Screwing Over Students, Adding to Debt Crisis
▼ + stars: | 2023-06-01 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +18 min

She applied and was accepted to the online program in 2020. In exchange for expanding course offerings and recruiting students, OPMs receive a big chunk of the tuition revenue from the online programs, which usually cost the same as in-person schooling. While it's not always the case, many experts and grads told me that OPMs were offering online students a worse education for a sky-high price. A third-party provider to those schools, 2U signs a contract to offer services such as recruiting and technology to boost online enrollment. But beyond scandals, the everyday business of OPMs is leaving many online students with exorbitant bills, despite how cheap it is to administer the courses.

Persons: Iola Favell, Favell, Rossier, USC Rossier, OPMs, it's, grads, Eric Rothschild, John Katzman, Katzman, Clare McCann, McCann, —, Aaron Ament, Barack Obama, That's, STEFANI REYNOLDS, Helen Drinan, Cabrini University —, Drinan, Democratic Sens, Elizabeth Warren, Tina Smith, Sherrod Brown, Pearson, Rosa DeLauro, Virginia Foxx, Ament Organizations: University of Southern California's Rossier School of Education, USC, Student Defense, US, Education Department upended, Education Department, Arnold Ventures, OPM, Office, Los Angeles Times, Wall Street, Canyon University, Grand Canyon, Century Foundation, Getty, Cabrini University, Simmons University, Democratic, GAO, Republican, GOP, Universities, Protection, Consumer Financial, Bureau Locations: California, Georgetown, —, Pennsylvania, Massachusetts

☆ How Randi Weingarten Landed at the Heart of America’s Political Fights
▼ + stars: | 2023-04-28 | by ( Jonathan Mahler | ) www.nytimes.com time to read: +4 min

But Weingarten was friendly with McAuliffe from the Clinton days and was supporting his candidacy on Twitter and cable news, and the A.F.T. By the fall of 2021, America’s public schools were fully open, but mask mandates were still being hotly contested. gave more than $1 million to McAuliffe, and Weingarten even knocked on doors for him in Alexandria. The tabloid, which had been gleefully attacking Weingarten for years — dubbing her Whine-garten — trumpeted the story: “Powerful Teachers Union Influenced C.D.C. Senator Susan Collins of Maine grilled the C.D.C.’s director, Dr. Rochelle Walensky, at a committee hearing over what she called the C.D.C.’s “secret negotiations” with the teachers’ union.

☆ YouTube Music contractors won a historic union election, which means Google could have to negotiate with a labor group for the first time
▼ + stars: | 2023-04-26 | by ( Thomas Maxwell | ) www.businessinsider.com time to read: +5 min

Contact workers who support YouTube Music won their union election 41-0. Contract workers who support YouTube Music have won their union election and will now prepare to bargain for a labor contract. The Alphabet Workers Union launched in 2021 and represents both full-time workers employed directly by Google as well as its large contract workforce. Some Google contractors can command high salaries, while many — like those at Cognizant — make as little as $19 an hour. The YouTube Music contractors initially began organizing to seek a guaranteed work-from-home policy, saying that it's too expensive to live in Austin on the wages offered.

☆ Opinion | I Wrote a Book About the End of Dictatorships, and It Became a Best Seller in Russia
▼ + stars: | 2023-04-26 | by ( Alexander Baunov | ) www.nytimes.com time to read: +2 min

Those who remain in Russia have lost the opportunity to engage in an open dialogue on the country’s future. in Moscow, placed copies of “The End of the Regime” right next to “Putin’s Path,” a hagiography devoted to the Russian leader, and a book on Stalin. Most important, the book gives readers a new, more accurate perspective on the country they live in. It is difficult to imagine a defeat along the lines of that suffered by Germany being experienced by a nuclear power such as Russia. Similarly, the collapse of the Soviet regime came about first and foremost because of its sclerotic economic system, which left the population behind the Iron Curtain without food and consumer goods.

☆ Aaron Rodgers: New York Jets general manager calls deal 'historic' for the franchise
▼ + stars: | 2023-04-26 | by ( Wayne Sterling | ) edition.cnn.com time to read: +3 min

CNN —New York Jets general manager Joe Douglas called the deal to acquire four-time NFL MVP Aaron Rodgers from the Green Bay Packers “historic” for the franchise. Douglas spoke Tuesday on how the trade – which has not yet been finalized as the two teams work out the details – came together. “Obviously, a long time in the making,” Douglas told reporters at a previously scheduled pre-draft press conference. Rodgers is joining the New York Jets after 18 seasons with the Green Bay Packers. The NFL Draft begins Thursday night in Kansas City, Missouri.

☆ HSBC: Top shareholder Ping An calls for breakup, expressing 'deep concern'
▼ + stars: | 2023-04-18 | by ( Hanna Ziady | ) edition.cnn.com time to read: +3 min

Europe’s biggest bank is facing growing calls to spin off its Asia business. Alongside chairman Mark Tucker, he defended HSBC (HBCYF)’s strategy and said splitting the bank would not be in shareholders’ interests. “Despite sharing multiple suggestions with HSBC, we have been extremely disappointed by HSBC management’s consistent closed-minded attitude to all solutions,” Huang wrote. HSBC Asia “will be the most valuable and unique bank in Asia with the strongest growth potential within the HSBC system, and also the only local bank with global competitiveness,” he added. HSBC will hold its annual shareholder meeting on May 5.

☆ ASEAN "strongly condemns" deadly air strike in Myanmar
▼ + stars: | 2023-04-13 | by ( ) www.reuters.com time to read: +1 min

JAKARTA, April 13 (Reuters) - The chair of the Association of Southeast Asian Nations (ASEAN) said on Thursday the bloc "strongly condemns" a military air strike this week on a village in Myanmar, which is reported to have killed up to 100 people including civilians. Tuesday's attack in the Sagaing area was the deadliest in a recent string of military air attacks, with children reported to be among the dead, and has drawn global condemnation. "All forms of violence must end immediately, particularly the use of force against civilians," chair Indonesia said in a statement. "This would be the only way to create a conducive environment for an inclusive national dialogue to find a sustainable peaceful solution in Myanmar," it said. A junta spokesperson said Tuesday's attack targeted a ceremony held by the NUG for their armed People's Defence Force, adding the attack aimed to restore peace and stability in the region.

☆ Go check out these video clips of driverless cars blocking buses and trains in San Francisco
▼ + stars: | 2023-04-11 | by ( Britney Nguyen | ) www.businessinsider.com time to read: +5 min

Dashcam footage obtained by WIRED shows driverless cars in San Francisco blocking buses and trains. In one video, a light-rail train carrying San Francisco Giants fans hit its brakes before almost colliding with a driverless car operated by GM's Cruise. It reportedly took seven minutes for the driverless car to be taken off the track. Another video obtained by Wired shows an eastbound 54 bus being blocked by a driverless car from Alphabet's Waymo. To see the footage and read more about the presence of driverless cars in San Francisco, check out the Wired report here.

☆ EU concerned by Chinese drills around Taiwan, calls for restraint
▼ + stars: | 2023-04-10 | by ( ) www.reuters.com time to read: +1 min

BRUSSELS, April 10 (Reuters) - The European Union expressed concern on Monday over Chinese military drills around Taiwan, saying the island's status should not be changed by force as any escalation, accident or use of force there would have huge global implications. China's military carried out aerial and naval blockade drills around Taiwan on Monday, its last scheduled day of exercises, with a Chinese aircraft carrier joining in combat patrols as Taipei reported another surge of warplanes near the island. read more"We are concerned by the intensification of military activities of the People's Liberation Army in the Taiwan Strait and around Taiwan, with incursions in Taiwanese Air Defence Identification Zone and crossing of the median line," EU Commission spokeswoman for foreign affairs Nabila Massrali said. Any instability in the Strait resulting from escalation, accident or use of force would have huge economic and security implications for the region and globally," she said. The EU and its Member States will continue supporting efforts aiming to preserve peace and stability in the region," she said.

☆ How to co-parent a successful kid, according to a child psychologist—a 'perfect' situation is not the goal
▼ + stars: | 2023-03-28 | by ( Aditi Shrikant | ) www.cnbc.com time to read: +3 min

But, conversely, when the father was less positive than the mother about the idea of co-parenting, the child suffered. But there are ways to do it so your child thrives, says Irina Gorelik, a child psychologist at Williamsburg Therapy Group. Gorelik talked to CNBC Make It about the skills you need to work on if you want to co-parent a successful child. How to co-parent a successful, well-adjusted kidAditi Shrikant: What are some skills you should learn if you want to co-parent a child to be successful and well adjusted? This may lead to the child thinking that they have to choose sides or take care of their parents emotionally.

Members of the FIA include the major banks on Wall Street. As a clearing house, the OCC settles and guarantee options contracts, working as a central counterparty for credit risk. Apart from the group meeting with the FIA, the OCC has also discussed this issue individually with some market participants, one of the sources said. The OCC told this person it did not see a major risk, but it wanted to assess its members' views and explore different risk scenarios. Many 0DTE options have a low probability of rising in value as they approach expiration.

☆ How to 'layoff-proof' your job, from 6 top recruiters at Netflix, McKinsey, Walmart, and more
▼ + stars: | 2023-02-28 | by ( Aj Eckstein | ) www.businessinsider.com time to read: +6 min

AJ Eckstein hosts a podcast interviewing recruiters from major tech, retail, and finance companies. Recruiters from PwC, Walmart, Lockheed Martin, Netflix, and more share how to safeguard your job. I'm a podcast host and job-search expert who interviews leading recruiters at some of the world's largest companies including Netflix, McKinsey & Company, Accenture, and Walmart. I've interviewed more than 30 recruiters in order to pull back the curtain on the recruitment process and help job seekers. "In a constantly shifting job market, employees shouldn't be stagnant either," he said.

☆ U.S. Forced Labor Crackdown Is Tough, But Opaque
▼ + stars: | 2023-02-16 | by ( Richard Vanderford | ) www.wsj.com time to read: +7 min

The U.S. has mounted an aggressive crackdown on imports over concerns about Chinese forced labor, but the campaign is an opaque one, with little detailed data on which companies or sectors are being targeted. January alone saw 282 shipments stopped over forced labor concerns, according to Customs data. Luis C.deBaca helped lead the U.S. fight against forced labor in the Obama administration and now teaches law at the University of Michigan. Photo: Luis C.deBacaChina has rejected allegations that it uses forced labor in Xinjiang. The agency added that it is “committed to transparency” and is developing an interactive web-based tool to provide forced labor enforcement statistics.

Analysts said the new cash may afford Bed Bath only a few quarters to revive its business, and a weakening economy would diminish any chance of a successful turnaround. Bed Bath declined to comment on Hudson Bay Capital's role in the share sale. "All is on hold," a maker of children's apparel said last week, adding that it had stopped shipping products to Bed Bath since early January. A shopping cart is seen at a Bed Bath & Beyond store in Manhattan, New York City, U.S., June 29, 2022. Reuters reported late last month that Bed Bath had lined up liquidators to close additional stores unless a last-minute buyer emerged.

☆ TikTok-based HR conversations are coming for a new generation of workers
▼ + stars: | 2023-02-04 | by ( Mikaela Cohen | ) www.cnbc.com time to read: +5 min

"Content on TikTok accesses the younger generation in a direct way, so HR teams can set up space to communicate things like, 'How do we deal with discrimination?'" "That's just not how the younger generations communicate," Folan said. This also helps HR teams facilitate an open dialogue with employees in a faster way. It might even benefit an HR team to carve out an entire position, or even allow existing employees to dedicate time solely to TikTok content creation. Folan said HR teams, and any team within a company, stands to benefit from having younger workers to level up their internal communication methods and branch into spaces, like TikTok creation.

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