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According to the CCP's plan, by 2020, China was supposed to have "achieved iconic advances in AI models and methods, core devices, high-end equipment, and foundational software." Censorship requirements may slow China's AI development and limit the commercialization of domestic models, but they will not stop Beijing from benefiting from AI where it sees fit. We're not seeing a huge gap between the models Chinese companies have been able to roll out. The current price war is a race to the bottom, similar to what we've seen in the Chinese technology space before. A race to the bottom may simply beggar China's AI ecosystem.
Persons: Xi Jinping, China doesn't, there's, Beijing's, Reva Goujon, We're, It's, ChatGPT, Xie Huanchi, couldn't, you'll, , Kenneth DeWoskin, it's, Matt Sheehan, they're, chatbot, Sheehan, Ernie Bot, There's, Alibaba, ByteDance's, Paul Triolo, Albright, we've, haven't, DeWoskin, Sam Altman, Elon Musk Organizations: Chinese Communist Party, CCP, Intelligence, Cyberspace Administration, Getty, Freedom, University of Michigan, Deloitte, CAC, Carnegie Endowment, International Peace, Baidu, Bloomberg, Companies, Brookings Institution, Beijing, The Commerce Department Locations: China, Beijing, China's, Hong Kong, Xinhua, , Washington, Brussels, Berlin, Taiwan, US, Xinjiang
While Musk hasn't formally endorsed Trump, one reason Silicon Valley heavy-hitters could be gravitating toward a convicted former president is a desire to see less regulation on tech development in America. AdvertisementCuban, a vocal opponent of Trump who has expressed his support for Joe Biden, told Business Insider in an email that he views the support from Silicon Valley and Wall Street billionaires for Trump as "self-serving." "So unless it's very light touch, which is unlikely at this point, the more influence they have over Ai regulation the better the opportunity to advantage themselves." "It's still very early to be imposing regulation," Sacks said. That's not to say every Silicon Valley player investing in AI and Trump hopes to see an unrestrained, Wild West of artificial intelligence development.
Persons: , Donald Trump, Elon Musk, Shaun Maguire, Trump, David Sacks, Biden, Puck, Sacks, hasn't, Mark Cuban, Joe Biden, Cuban, BRENDAN SMIALOWSKI, Maguire, Sacks didn't, Garry Tan, Y, That's, Chamath, Palihapitiya, Musk, Rishi Sunak Organizations: Service, Silicon, Trump, Business, Sequoia Capital, Venture, Wall, acc, Securities and Exchange Commission, and Wildlife Service, British Locations: Russia, Ukraine, San Francisco, America, Silicon Valley, Cuban
Executive Edge: Dismal Memorial Day weekend for movies
  + stars: | 2024-05-28 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailExecutive Edge: Dismal Memorial Day weekend for moviesMatt Belloni, Puck founding partner, joins 'Squawk Box' to discuss the reasons behind the record-low Memorial Day box office weekend, what's happening with AMC, and more.
Persons: Matt Belloni, Puck Organizations: AMC
Read previewWhether you're having people over or bringing a meal to a potluck, grilled chicken is always a crowd-pleaser. Buy high-quality chicken from a trusted sourceIt's important to read the labels on your chicken. Joe Gough/ShutterstockFirst and foremost, buy a good chicken from a trusted source. AdvertisementDon't underestimate the power of marinades, cures, and brinesA good marinade or brine can add even more flavor to a chicken. Getty ImagesA good BBQ sauce can bring finger-licking qualities to your chicken, but don't add it too soon.
Persons: , I've, Joe Gough, Shutterstock, isn't, wiggle Organizations: Service, Business
It's been nearly two years since Ivanka Trump announced she was "done" with Washington politics. Advertisement"It's becoming more of a reality that President Trump could be president again," R. Couri Hay, a society publicist and longtime acquaintance of the Trump family, told Business Insider. My understanding is that privately she's saying she's ready to be first lady again if called." Hay added: "Then why are we so shocked and surprised that Ivanka could, too, feel the call of the siren? "The idea of assuming some sort of role is something I can imagine Ivanka might be thinking about."
Persons: It's, Ivanka Trump, she's, Donald Trump's, Puck, Trump, Couri Hay, Hay, Ivanka, Jared, they'd, it's, Nordstrom, Scarlett Johansson, Alexa Chung, reputational, , Ambani, Kim Kardashian's, Donald Trump, Ivanka's Organizations: Service, Business, Republican, Trump Organization Locations: Washington, Maui
Chris Kreider wouldn’t let the New York Rangers lose again. After losing Games 4 and 5 following a 3-0 series start, the Rangers were in trouble again Thursday, down 3-1 entering the third period. AdvertisementOn just their second power play of the game 5:11 later, Kreider tipped a waist-high shot by Artemi Panarin behind Andersen to tie it. Andersen keeps Rangers in it, tooThe biggest difference in the series was in net, as many expected. The final special teams tally for the series: The Rangers went 5-for-19 on the power play and Carolina went 2-for-21 while allowing two Rangers shorthanded goals.
Persons: Chris Kreider wouldn’t, Kreider, Frederik Andersen, Artemi Panarin, Andersen, Ryan Lindgren, Barclay Goodrow, Igor Shesterkin, Jordan Staal, Shesterkin, Andrei Svechnikov, CHRISTOPHER JAMES KREIDER 🤩, hird, rick C hallenge, rick, hort, eriod, ross, ade, ake G, kate Organizations: New York Rangers, Rangers, Eastern Conference, Carolina Hurricanes, Hurricanes, ust Locations: York, New York, ried, osh
The company has also leaned into live comedy shows, broadcasting a slew of events including the recent roast of Tom Brady. But on its most recent earnings call in April, co-CEO Ted Sarandos said Netflix isn't "anti-sports, but pro-profitable growth." Conway teaches courses about sports leadership and management, and he spent much of his career as a marketing executive for two Major League Baseball teams. Over the past few years, Apple has bought the rights to air Major League Baseball and Major League Soccer games. CNBC reported last year that Netflix, as well as Amazon, Apple, Comcast's NBCUniversal/Peacock, had expressed potential interest in a contract.
Persons: Rafael Nadal, Tom Brady, Sarandos, Ted Sarandos, Mike Tyson, Jake Paul, Marty Conway, Conway, Needham, Laura Martin, Martin, Brandon Katz, Katz, NBCUniversal, Peacock, William Mao, Octagon, Tyson, Paul, Mao Organizations: Netflix, WWE, Georgetown University, Major League Baseball, Apple, Disney, Warner Bros . Discovery, Fox, Warner Bros, Major League Soccer, National Football League, National Basketball Association, CNBC, NFL, NBA, Comcast
Now Netflix looks like it is close to a deal to stream two NFL games on Christmas Day, reports Puck's John Ourand, citing "a bevy of sources." Does that mean Netflix doesn't know how much it will pay for the games? The NFL declined to comment; Netflix didn't respond to a request for comment. If the deal does happen, it will be easy to step back and see how Netflix got there. The NFL now plans on releasing details about its upcoming schedule on May 15 — which also happens to be the day Netflix will host its "upfront" event in New York, catered to advertisers.
Persons: , Puck's John Ourand, they'd Organizations: Service, Netflix, Business, NFL Locations: America, New York
FTX founder Sam Bankman-Fried, who was convicted on seven counts, gave an interview from prison to Puck. SBF told Puck he spends his days in a large dormitory room with 35 other men. He said he lives off beans and rice purchased from the commissary, and his rice is now prison currency. AdvertisementSam Bankman-Fried has a new currency to trade in prison at the Metropolitan Detention Center in Brooklyn. He told Puck that he has not been abused and does not "fear for his safety."
Persons: Sam Bankman, SBF, Puck, , Fried, William D, Cohan, Cromwell, Damian Williams, Crypto, FTX Organizations: Service, Metropolitan Detention, Alameda Research, Puck News, Bureau of Prisons, Business, Sullivan Locations: Puck, Brooklyn, Alameda
In today's big story, we're looking at how a sports bettor trying to hedge a $1.7 million payout shows the gambling world is taking a page out of Wall Street's book . The big storySports gambling goes Wall StreetiStock; Rebecca Zisser/BIHow would you like to turn $100 into $1.7 million in a little over a year? Thanks to a secondary market for gambling tickets, Shelton could sell his ticket to another bettor. And not unlike Wall Street's feelings about retail traders, Shelton is the type of gambler sportsbooks love. Unlike mom-and-pop gamblers who often bet on a whim, so-called sharps' systematic approach to gambling can pose a problem for sportsbooks.
Persons: , Rebecca Zisser, Wayne Shelton, Shelton, Matthew Fox, Anthony Edwards, Joshua Gateley, sportsbooks, Shelton's longshot, Goldman Sachs, Sam Bankman, Fried, Puck, SBF, Justin Sullivan, Getty Sundar Pichai, Pichai, Jack Dorsey, he'd, Mike Solana, Dorsey, Bluesky, Demis, Microsoft's Mustafa Suleyman, they'd, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Business, Service, Sports, MLB, NFL, NBA, Oklahoma City Thunder, Thunder, Dallas Mavericks, Western Conference, ESPN, Boston Celtics, Minnesota Timberwolves, Getty, Detention, MDC, Bloomberg, Bay Area, YouTube, Spotify, Apple, Warner Brothers, Justice League, Big, Honda Locations: China, Russia, Brooklyn's, Young, New York City, New York, Bay, London
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPuck's Matt Belloni talks the latest speculation around a Paramount dealHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.
Persons: Matt Belloni, Brian Sullivan, Organizations: Paramount, CNBC
Read previewElon Musk, at an exclusive April dinner, commiserated with a group of billionaires about their distrust in Democratic politicians like Joe Biden, according to a new report by Puck. The outlet reported that Musk and venture capitalist David Sacks hosted the private event at Sacks' $23 million estate in the Hollywood Hills. This story is available exclusively to Business Insider subscribers. Related storiesRepresentatives for Musk, Sacks, and other dinner attendees identified by Puck did not immediately respond to requests for comment from Business Insider. "In the past I voted Democrat, because they were (mostly) the kindness party," Musk wrote in a tweet in May 2022.
Persons: , Elon, Joe Biden, Puck, David Sacks, Sacks, Peter Thiel, Travis Kalanick, Steven Mnuchin, Donald Trump, Biden, Musk, Michael Milken, Milken's, Milken, Trump, OpenSecrets, Don Lemon, Lemon Organizations: Service, Hollywood, Business, Democratic, Biden, Houston Chronicle, SpaceX hasn't, Trump, National Republican Congressional Committee, Democratic Party, Republican, The New York Times, CNN Locations: Palm Beach , Florida
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPuck's Matt Belloni on Paramount-Skydance merger talks: Still see the deal happeningMatt Belloni, Puck founding partner, joins 'Squawk Box' to discuss the departure of Paramount CEO Bob Bakish, the impact on Paramount's merger talks with Skydance, and more.
Persons: Matt Belloni, Puck, Bob Bakish, Skydance Organizations: Paramount
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Discovery's TNT is dangerously close to being left out of the NBA's next TV deal after rival NBC made a massive offer, according to a recent report from The Wall Street Journal. A source familiar with the negotiations told Business Insider that a deal hasn't been finalized and offers are always changing. Still, it's not clear that paying an average of $2.5 billion a year for NBA rights will be profitable. AdvertisementJoe Bonner, a media analyst at Argus Research, has been under the assumption that WBD can and will retain NBA rights even though its cable-TV revenue is steadily shrinking.
Persons: , hasn't, NBA hasn't, Craig Moffett, Peacock, Moffett, it's, Joe Bonner, Bonner Organizations: Service, Warner Bros, TNT, NBC, Wall Street Journal, Business, NBA, ESPN, Amazon, Puck, Comcast, Argus Research
No questions were taken and the call ended with the Mission: Impossible theme being played on loop. The company announced the departure of its president and CEO Bob Bakish before the call. AdvertisementParamount executives didn't take any questions during the company's earnings call on Monday, and ended up blasting the Mission: Impossible theme music on loop to their investors instead. The entertainment studio's first quarterly earnings call of the year took place after Paramount announced the ouster of its president and CEO Bob Bakish. The earnings call ran for only 8 minutes and 50 seconds, and the executives in attendance weren't open to taking questions.
Persons: Bob Bakish, , didn't, Bakish, George Cheeks, Chris McCarthy, Brian Robbins, Jaime Morris, Anna Nicolaou, Matthew Belloni, Alex Stedman, Shari Redstone, David Ellison's Skydance, David Ellison, Larry Ellison, There's, Paramount didn't Organizations: Paramount, Service, — CBS, Showtime, MTV Entertainment, Paramount Pictures, Nickelodeon Nickelodeon, Financial Times, Netflix, David Ellison's Skydance Media, Oracle, BI
CNN —There is a major disconnect between two CNN stories on Wednesday about Russia and the US. While it is mostly Republicans who oppose additional funding for Ukraine, they are still a minority, even within their own party. In February, 22 Republicans in the Senate joined all but three Democrats to form a 70-vote majority in favor of the funding. Asked about that propaganda comment by Tapper earlier this month, Rep. Mike Turner of Ohio, who chairs the House Intelligence Committee, agreed. The two appeared together at Mar-a-Lago last week, and Johnson has bought into Trump’s proposal to structure some Ukraine aid as a loan rather than direct aid.
Persons: Sean Lyngaas, , Mike Johnson, Johnson, , ” Johnson, CNN’s Jake Tapper, “ We’re, Matt Gaetz, Chip Roy didn’t, he’s, it’s, Marjorie Taylor Greene, Defense Lloyd Austin, Thomas Massie of Kentucky, Tucker Carlson, Vladimir Putin, Ralph Norman, Thomas Massie, Chip Roy, Tom Williams, It’s, Liz Cheney, Donald Trump, Michael McCaul, Puck, Tapper, Mike Turner of Ohio, ” Turner, Greene, Ken Buck, Moscow Marjorie ”, Putin, Trump Organizations: CNN, Capitol Hill, GOP, White, Conservative, Ukraine, Republicans, Senate, Florida, ” Texas, Defense, Republican, Fox News, Putin, Texas Republican, Foreign Affairs, House Intelligence, Trump, Mar, Lago Locations: Russia, Texas, Russian, Ukraine, Israel, Taiwan, Marjorie Taylor Greene of Georgia, Wyoming, Colorado
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDisney has done so much in the past 6 months to try to appease shareholders: Puck's Matt BelloniMatt Belloni, Puck founding partner, joins 'Squawk Box' to preview the Disney shareholders vote this week, the latest on the Disney proxy battle, and more.
Persons: Matt Belloni Matt Belloni, Puck Organizations: Disney
It’s difficult to succinctly summarize the disastrous state of affairs at the news division, given that multiple engines are failing simultaneously. sand and refusing to dump McDaniel until after his top television personalities, including Chuck Todd and Rachel Maddow, went on the air and excoriated the hire. Ironically, NBC News’ attempt to make inroads with Republicans through the hiring of McDaniel has had the opposite effect. On Wednesday, Trump spent part of the day ranting on Truth Social against the Comcast boss over the McDaniel disaster, characterizing Roberts as a weak leader whose employees are running amok. I asked Comcast spokespeople on Wednesday if either Roberts or Cavanagh were taking any action.
Persons: Brian Roberts, Cesar Conde, Conde, , Ronna McDaniel, McDaniel, Chuck Todd, Rachel Maddow, Puck’s Dylan Byers, Byers, Carrie Budoff Brown, Republican Richard Walters, Todd, ” Brown, Richard Walters, Stephen Labaton, Labaton bashed, Labaton, Rashida Jones, Jones, Rebecca Blumenstein, Blumenstein, I’m, Elon Musk, Donald Trump’s, Biden, Tom Cotton, Roberts, Trump, ” Trump, It’s, can’t bode, Conde’s, Michael Cavanagh, Cavanagh Organizations: New York CNN, Comcast, NBC News, NBC Universal News Group, Republican National, NBC, MSNBC, NBC News ’, Republican, NBCU, Fox, The New York Times, NBCU News, , Comcast spokespeople Locations: New York, Miami, Washington, MSDNC
CALGARY, Alberta (AP) — Alex Ovechkin scored twice and became the third player in NHL history to have at least 20 goals in 19 consecutive seasons as the Washington Capitals beat the Calgary Flames 5-2 on Monday night. The 38-year-old Ovechkin had two power-play goals in the second period as Washington won its third straight game. He was the spark we needed tonight.”The Capitals have been helped in their playoff chase by a rejuvenated power play. “ ... It’s on the penalty kill guys have to do a better job, myself right up there.”Calgary was 0 for 3 on the power play. For me, that was the difference in the game,” Calgary coach Ryan Huska said.
Persons: — Alex Ovechkin, Ovechkin, Gordie Howe, Brendan Shanahan, , Spencer Carbery, , ” Dylan Strome, Hendrix Lapierre, Tom Wilson, We’re, Kevin Rooney, MacKenzie Weegar, Charlie Lindgren, Dustin Wolf, Wolf, Max Pacioretty, John Carlson, ” Wolf, — Wayne Gretzky, ” Lapierre, we’re, Lapierre ’, , ” Rooney, It’s, Ryan Huska, ” Jacob Markstrom, ___ Organizations: Washington Capitals, Calgary Flames, Washington, Eastern Conference, Capitals, Calgary, The Flames, Flames, NEXT, Toronto, Vancouver Locations: CALGARY, Alberta, ” Washington, Detroit, Washington, Pacioretty, Calgary
Jimmy Donaldson, also known as MrBeast on the internet, on Monday announced a new reality competition show in collaboration with Amazon MGM Studios, aiming to further blur the lines between YouTube and traditional television. The new series, "Beast Games," is billed as "the biggest reality competition series ever" and will feature 1,000 contestants competing for a $5 million cash prize. "It's like our normal videos, but just 20 times better," Donaldson said on the podcast. "This will probably be six plus hours of content, where my normal videos are 20 minutes long. The character building, the storytelling, will be out of this world compared to our normal videos."
Persons: Jimmy Donaldson, Donaldson, TikTok, Colin, Samir, D'Amelio Organizations: Monday, Amazon MGM Studios, YouTube, Lamborghini, Puck, Amazon Prime, Netflix, Hulu Locations: U.S
From Caitlin Clark fever in Iowa to a packed house of 92,000 fans for women's volleyball in Nebraska, women's sports have never been more at the forefront. Last year saw record media deals for women's sports as the NCAA and NWSL both inked groundbreaking agreements. David Dow | Getty ImagesCathy Engelbert, commissioner of the Women's National Basketball Association: One of the obstacles is the undervaluation of our assets. Jayna Hefford, senior vice president of operations for the Professional Women's Hockey League: Women's sports still struggle to secure prime broadcast windows, consistent airtime and traditional media coverage. Steven Ferdman | Getty ImagesAmy Howe, FanDuel CEO: Women's sports need to continue to position their star athletes (i.e.
Persons: Caitlin Clark, Matthew Holst, there's, Renie Anderson, Jessica Berman, Jesse Grant, CNBC Jessica Berman, Cathy Engelbert, Breanna Stewart, David Dow, Jessica Gelman, John Lamparski, KAGR, Caitlin Clark's, Jayna Hefford, Haley Rosen, Mollie Marcoux Samaan, Michael Reaves, LPGA we've, Katrina Adams, Louis Armstrong, USTA Billie Jean King, Steven Ryan, Sabrina Ionescu, Coco Gauff, , Berman, Pamela Duckworth, Engelbert, Magic Johnson, Larry Bird, Michael Jordan, Amy Howe, Steven Ferdman, FanDuel, Ionescu, A'ja Wilson, Rosen, Adams, they've, Renie, Anderson, I'm, influencers, Duckworth, Angel Reese, Billie Jean King, Jayna, Mark Blinch Organizations: Iowa Hawkeyes, NCAA, Michigan Wolverines, Carver, Getty, women's, Deloitte, CNBC, NFL, National Women's Soccer League, National Women's Soccer, WNBA, New York Liberty, Kia, Connecticut Sun, National Basketball Association, Business, New York Marriott Marquis Hotel, MIT Sloan Sports Analytics, MIT Sloan Sports Analytics Conference, Sports, Professional Women's Hockey, Association, Tiburon Golf Club, Professional, LPGA, USTA, Louis, USTA Billie, USTA Billie Jean King National Tennis Center, United States Tennis Association, Women's Tennis, Fubo Studios, FuboTV, NBA, Nike, Wall, Spring Studios, Renie Anderson NFL, Toronto, New York, Mattamy Athletic Centre Locations: Iowa City , Iowa, Iowa, Nebraska, Brooklyn , New York, New, New York City, Naples , Florida, NY, Toronto , Ontario, Canada
For the last six years, Finland has been ranked the happiest country in the world. I've lived here most of my life, and as a psychologist and happiness researcher, I'm often asked: what exactly makes people in Finland so satisfied with their lives? However, research has shown that those most desperately seeking happiness tend to be less happy. 'Who has happiness should hide it'In Finland, we tend to believe that if you've found happiness, you shouldn't show it. 'The pessimist will never be disappointed'This is an old Finnish saying without any clear origin.
Persons: I've, I'm, you've, Eino Leino, It's, Charles Peirce, Faber Organizations: Nordic Locations: Finland, Helsinki, American, Rome
But there are some signs of hope. The new class of news start-ups — Puck, Punchbowl News, The Ankler and Semafor are among the most prominent — have kept spending down and hired carefully. They have attracted top journalists by putting them at the heart of the enterprise, sometimes as part owners in the companies. “There was possibly a mismatch 10 or 15 years ago between funding structures and media companies,” said Jon Kelly, the co-founder and editor in chief of Puck, whose 14 reporters write about topics including politics, finance and media. “And I think that the entire industry has learned from that.”
Persons: , fatefully, , Jon Kelly, Puck Organizations: Punchbowl News Locations: Punchbowl
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLast night's Oscars was 'a big coronation for Oppenheimer', says Puck's Matt BelloniMatt Belloni, Puck founding partner, joins 'Squawk Box' to discuss last night's 96th annual Academy Awards, key takeaways from the awards ceremony, and more.
Persons: Oppenheimer, Matt Belloni Matt Belloni, Puck
Famed chef and restaurateur Wolfgang Puck spoke to CNN's Elizabeth Wagmeister on the red carpet a short time ago. He's the man behind the menu at the exclusive Governors Ball, the lavish after-party held after each Academy Awards. Some of the night's biggest stars will feast on smoked salmon, macaroni and cheese, mushroom risotto with truffles, Peking duck and much more, Puck said. He also told Wagmeister about some of his favorite interactions with A-listers, including the time actor Joaquin Phoenix stepped into the kitchen to enjoy his meal with the staff, and the time Julia Roberts kissed the chefs as she exited through the kitchen. Legendary funny-man Bill Murray also made an appearance on one occasion, throwing steak salt everywhere.
Persons: Wolfgang Puck, CNN's Elizabeth Wagmeister, Ball, Puck, Wagmeister, Joaquin Phoenix, Julia Roberts, Bill Murray Locations: Peking
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