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Richemont digital strategy goes back to square one
  + stars: | 2023-11-29 | by ( Lisa Jucca | ) www.reuters.com   time to read: +3 min
The logo of the luxury goods company Richemont is pictured at its headquarters in Bellevue near Geneva, Switzerland, June 2, 2022. REUTERS/Denis Balibouse Acquire Licensing RightsMILAN, Nov 29 (Reuters Breakingviews) - Johann Rupert’s digital strategy may be heading back to the drawing board. But even if Rupert can extricate himself from the Farfetch situation, Richemont’s digital plans will still be unclear. In August 2022 Richemont agreed to sell a 47.5% stake in its digital platform, Yoox Net-A-Porter, to Farfetch. Shares in Richemont were up 1.5% by 1100 GMT on Nov. 29.
Persons: Denis Balibouse, Johann Rupert’s, Porter, Cartier, Rupert, Farfetch, José Neves, Richemont, Financiere Richemont, Peter Thal Larsen, Oliver Taslic Organizations: REUTERS, Reuters, The Telegraph, Financiere, Telegraph, Thomson Locations: Bellevue, Geneva, Switzerland, Swiss, U.S, YNAP, New York, Richemont
Thompson had spent five years teaching English in Madrid after college, but quit when she started on Upwork. "I've always loved teaching English —that's what I've always been about," she said. She created another YouTube channel for teaching EnglishThompson's videos about how to be a freelance transcriber were gaining popularity, ultimately being viewed 340,000 times. She started the Sparkle English channel in February 2020. She plans to make her side hustle her main channelToday, Thompson does far less freelancing and her Upwork YouTube channel is her main income.
Persons: Jennifer Thompson, Thompson, I've, She'd, I'm, I'd, ChatGPT Organizations: YouTube Locations: Madrid, Canada, Spain
ROME (AP) — Italian communications company TIM said Sunday that its board of directors has approved the binding acquisition offer by the KKR investment company, following months of negotiations. In a statement, TIM said the approval took the form of a majority vote. The board rejected a non-binding offer for Sparkle, TIM’s undersea cable unit. Italian state TV said the government, under the deal with KKR, would be a significant shareholder. Political Cartoons View All 1234 ImagesThe binding offer values NetCo — TIM’s fixed network assets but excluding Sparkle — at 18.8 billion euros (some $20 billion), said a statement from TIM.
Persons: della Sera Organizations: ROME, TIM, KKR, European Union, TV Locations: Italian, Milan
PARIS, Oct 30 (Reuters) - Winning the women's Ballon d'Or is a testimony to Spain's football culture, this year's winner Aitana Bonmati said after her triumph kept the trophy in the country for the third year in a row on Monday. Bonmati, a Champions League winner with Barcelona and World Cup winner with Spain, succeeds fellow Spaniard Alexia Putellas, who was also the 2021 winner. In recent years we have achieved a lot with our clubs and the national team," Bonmati told reporters. Being at the great gala of world football is unique and to be valued," the 25-year-old said. "I play for a big club and for the national team.
Persons: Aitana Bonmati, Alexia Putellas, Bonmati, you've, haven't, Julien Pretot Organizations: Champions League, Barcelona, we've, Thomson Locations: Spain
But none made her feel more beautiful or purposeful as the pageant for people with albinism that was held this month in Zimbabwe's capital, Harare. “I can be that inspiration for young girls, especially those with albinism, to feel comfortable and beautiful in their own skin," Muhitu said. I don't feel shamed, I feel empowered," she said, shaking hands with people eager to congratulate her. The Mr. Albinism Southern Africa title was claimed by Zimbabwean Ntandoyenkosi Mnkandla, 26, a trainee paralegal. Muhitu, who received $250 for winning the Miss Albinism prize, commended the growing number of events that celebrate people with albinism in Africa.
Persons: Andreia Solange Sicato Muhitu, Muhitu, ” Muhitu, Brenda Mudzimu, , Mudzimu, Mnkandla Organizations: Human Rights, AP Locations: HARARE, Zimbabwe, Southern Africa, Angolan, Zimbabwe's, Harare, , Africa, Malawi, Tanzania, Angola's, Cubango, Saharan Africa, North America, Europe, South Africa, Zambia, Mozambique, Angola, africa
How 2023 became the year of the lab-grown diamond
  + stars: | 2023-10-26 | by ( Diana Pearl | ) edition.cnn.com   time to read: +9 min
The company isn’t the only one seeing big sales from this category: Lab-grown diamond brand Brilliant Earth saw a 15.7 percent net sales increase in 2022, to $440 million. Dorsey, another exclusively lab-grown jewelry brand, sold over a million stones last year. Broadening the marketMany consumers plough the savings from buying a lab-grown diamond into more jewelry — a bigger engagement ring, for instance. Valeria Mongelli/Bloomberg/Getty Images/File“The lab-grown diamond is not in competition with mined diamonds, it’s a complement to mined diamonds,” said Sayed Haider, COO, merchandising and operations at Diamond Nexus, which added a line of lab-grown diamonds to its offering earlier this year. Lab-grown diamond brand Dorsey sold over a million stones last year.
Persons: CNN CNN —, Pandora, , Pamela Anderson, Dorsey, Tiffany, Lionel Bonaventure, haven’t, Paul Zimnisky, Golan, De, Mary Carmen Gasco, Megan Strachan, Valeria Mongelli, Sayed Haider, , Strachan, Grace Coddington, Pandora Dorsey, influencers, Bella Hadid, Justin, Hailey Bieber, that’s, Zuo Dongchen, Anderson, Precious Lee, De Beers, Bruce Cleaver, Fred, Ashley Barrett It’s, Shah Organizations: The, Fashion, CNN CNN, Diamond District, New, Brands, Cartier, Getty, De Beers, Pandora, Business, Bloomberg, Diamond Nexus, , Vogue, Marketing, Publishing, British Fashion Council, Business of Fashion, CNN Locations: New York, Astor, Paris, AFP, Zhengzhou, China
It was a night of comfort food and canny comfort dressing — strange adjectives for a state dinner, an event normally known for pomp, circumstance and grand gowns. But everything is relative, and these are complicated times, demanding a careful balance between displays of power and humility in the face of other people’s pain. Then she put her outfit where her words had been. She went with Reem Acra, and she went beige. It was her equivalent of the roasted vegetables, butternut squash soup and braised short ribs on the menu.
Persons: Jill Biden, Anthony Albanese, Reem Acra Organizations: U.S . Marine, Army and Air Force
Banks’ wealth-management heyday may have passed
  + stars: | 2023-10-18 | by ( Liam Proud | ) www.reuters.com   time to read: +8 min
For wealth managers, that will make revenue growth much harder to come by, shifting the focus to controlling expenses. LOSING ITS SPARKLEIn Wall Street parlance, wealth management is a capital-light business. Little wonder Morgan Stanley boss James Gorman focused on wealth management after taking charge in 2010. The good news for UBS and Morgan Stanley is that they are better placed than most to handle these pressures. The bank’s wealth-management business generated a 35% ROTE, while the division that houses investment banking and trading managed just 8%.
Persons: UBS –, Morgan Stanley’s, Morgan Stanley, James Gorman, Sergio Ermotti, Goldman Sachs, Italy’s, Iqbal Khan, Morgan Stanley’s Andy Saperstein, Peter Thal Larsen, Sharon Lam, Oliver Taslic Organizations: Reuters, Wealth, UBS, Credit Suisse, HSBC, HK, Lloyds Banking Group, Revenue, Treasury, Big, Thomson Locations: Swiss, United States, Americas, Switzerland, Britain’s St, James’s
Bank of America predicts people will continue to spend big on live entertainment. AdvertisementAdvertisementMaybe the epic summer of Taylor Swift, Beyoncé, and "Barbenheimer" was just the beginning and not just a one-off outlier. On the surface, this contradicts some earlier warnings that while entertainment spending did prop up the economy, it would be fleeting. Bank of America did warn in its report that there is some risk in betting on "funflation" to continue. But if Bank of America's predictions are correct, the economy may feel the effects of entertainment spending despite the diminished sparkle of the performers.
Persons: Taylor Swift, , Beyoncé, Kevin Mazur, Grace Smith, Swift Organizations: of America, Service, Bank of America, Force, Bloomberg, MediaNews, Denver, Getty, Bloomberg Economics Locations: Stockholm, Denver, Swift
Explainer: What's at stake in Telecom Italia grid deal?
  + stars: | 2023-09-25 | by ( ) www.reuters.com   time to read: +3 min
TIM is selling NetCo, a venture comprising both TIM's domestic fixed-access network and international wholesale telecoms operator Sparkle. TIM's landline network covers nearly 89% of the country's households and its fibre cable stretches over 23 million kilometres across the country. Beyond TIM's grid, a second major network is being rolled out by Open Fiber, a company controlled by CDP and Australian investment group Macquarie. There had long been talks of trying to combine TIM's network with Open Fiber but competition concerns have hampered such a deal so far. With its 24% voting stake, Vivendi could throw a spanner in the works at any TIM shareholder meeting to vote on a deal or challenge it in the courts.
Persons: Yara, Pietro Labriola's, Giorgia, Elvira Pollina, Keith Weir, Anil D'Silva Organizations: REUTERS, KKR, Italian Treasury, Telecom Italia's, TIM, WHO, Vivendi, Treasury, Trade, Macquarie, Thomson Locations: Rome, Italy
HANGZHOU, China (AP) — The opening ceremony of the Asian Games on Saturday in China offered all the staples of a major international sports event. One big thing, however, was missing: real fireworks, the exploding kind that smell of power and burnt fuses. Instead, the high-tech games — billed of course as “green games” — offered electronic flash, 3D animations and a virtual torchbearer. Delayed for a year by the pandemic, the Asian Games are China's largest sports event since the country scrapped its zero-COVID-19 policy early in the year. China won almost 300 medals in the Asian Games five years ago and is sure to dominate again followed by Japan and South Korea.
Persons: Xi Jinping, , Xi, Bashar al, Assad, Thomas Bach, King Norodom Sihamoni, Bach, Vladimir Putin, there’s, ___ Didi Tang Organizations: Asian Games, Sports Center, International Olympic, Olympic Council of, Hangzhou Asian, Xinhua, Olympics, China, , Afghan, ___ AP Asia Locations: HANGZHOU, China, Hangzhou, Taiwan, North Korea, Hong Kong, Cambodia, Olympic Council of Asia, Russia, Paris, Beijing, Shanghai, , Hangzhou Asian Games, Los Angeles, Brisbane, Australia, Japan, South Korea, Afghanistan, Washington, ___, asia
REUTERS/Yara Nardi/File Photo Acquire Licensing RightsMILAN, Sept 20 (Reuters) - U.S. fund KKR and Italy's Treasury are set to ask Telecom Italia (TIM) for more time to arrange a joint bid for its landline grid, three sources close to the matter said. KKR (KKR.N) last month won the backing of Prime Minister Giorgia Meloni's government, which authorised the Treasury to join its bid for an asset deemed of strategic national interest. The U.S. fund's preliminary bid valued the business -- dubbed NetCo -- at around 23 billion euros ($25 billion) including debt and taking into account a number of variables. The French group, which owns 24% of TIM, has so far shown little appetite for a deal under KKR's terms. The Treasury is evaluating the request, one of these people said, without adding further details.
Persons: Yara, Giorgia, Arnaud de Puyfontaine, Giancarlo Giorgetti, Elvira Pollina, Giuseppe Fonte, Alvise Armellini, Alexander Smith Organizations: REUTERS, KKR, Italy's Treasury, Telecom Italia, Treasury, TIM, NetCo, Reuters, Vivendi, Thomson Locations: Rome, Italy, U.S
See below for some of the red carpet’s best looks so far. Johnny Nunez/Getty ImagesTinashe Gilbert Flores/Variety/Getty ImagesChloe Bailey Andrew Kelly/ReutersMåneskin mastered ensemble dressing in a selection of complementary outfits by Rick Owens. Jamie McCarthy/WireImage/Getty ImagesOlivia Rodrigo brought the sparkle in a low-cut bejeweled Ludovic de Saint Sernin silver gown made of 150,000 Swarovski crystals. Gilbert Flores/Variety/Getty ImagesColton Haynes Dimitrios Kambouris/Getty ImagesKarol G embraced the see-through trend in a sparkling sheer beige dress by French label Ashi Studio. Dia Dipasupil/FilmMagic/Getty ImagesOffset Evan Agostini/Invision/APDemi Lovato Jamie McCarthy/WireImage/Getty Images
Persons: , Mariah Carey’s risqué, Jared Leto, Emily Ratajkowski, Cardi, Dilara, Dipasupil, Selena Gomez Doug Peters, Shakira Noam Galai, Tiffany Haddish Gilbert Flores, Jared Leto Andrew Kelly, Doechii Jason Kempin, Billy Porter Kevin Mazur, Evan Agostini, Gilbert Flores, Anitta, Noam Galai, Bebe Rexha Angela Weiss, Stephen Sanchez, tote, Johnny Nunez, Tinashe Gilbert Flores, Chloe Bailey Andrew Kelly, Måneskin, Rick Owens, Angela Weiss, Ballerini, Jamie McCarthy, Olivia Rodrigo, Ludovic de Saint, Roger Vivier, Christopher Polk, Anthony Harvey, Megan Thee, Brandon Blackwood, Jacob &, Colton Haynes Dimitrios Kambouris, Karol G, Dia Dipasupil, Demi Lovato Jamie McCarthy Organizations: CNN, Prudential Center, Variety, Schiaparelli's, Couture, Getty, New York, Jewelry, Ashi, Dia Locations: Newark , New Jersey, Turkish, British, New
Shoppers will soon see jewelry designed by Kendra Scott at about 150 Target stores. Target said Tuesday that it has struck a deal with jeweler Kendra Scott to carry exclusive collections of earrings, bracelets and more, as it looks to get its sparkle back ahead of the key holiday season. With the new deal, colorful jewelry designed by Kendra Scott for Target will be available online and at about 150 stores. Most items cost less than $40, Target said. The big-box retailer declined to share the deal's financial terms, but described it as "a long-term strategic partnership."
Persons: Kendra Scott, Target, Levi Strauss, Organizations: Disney, Apple, Target
And there have been plenty of elegant looks on display, from Spanish model Eugenia Silva’s dramatic Armani Privé gown to Italian designer Pierpaolo Piccioli’s effortless white suit. Andreas Rentz/Getty ImagesSpanish model Eugenia Silva arrived in a dramatic pink feather coat and a black strapless gown by Armani Privé. Ernesto Ruscio/Getty ImagesDanish actress Amanda Collin wore matching Chanel separates on the red carpet for "Bastarden (The Promised Land)." Pascal Le Segretain/Getty ImagesModel Madisin Rian wowed in an all-white Armani Privé outfit. Luca Carlino/NurPhoto/ShutterstockItalian fashion journalist and former Vogue Japan editor-at-large Anna Dello Russo wore bright pink Armani Privé.
Persons: , Eugenia Silva’s, Pierpaolo, listers, Adam Driver, Ferrari ”, Enzo Ferrari, Ferrari, Stefania D'Alessandro, Jonica T, Gibbs, Chanel, Andreas Rentz, Barbara Palvin, Giorgio Armani, Eugenia Silva, Armani Privé, Franco Origlia, Dalle, Ernesto Ruscio, Amanda Collin, Pascal Le Segretain, Rian wowed, Armani, John Phillips, Valentino, Pierpaolo Piccioli, Toni Garrn, Alberta Ferretti, Luca Carlino, Anna Dello, Privé, Georgina Rodriguez, Cristiano Ronaldo, Pasquale Bruni, Alfonso Catalano, Bella Thorne, Dior, Sofia Coppola's, Priscilla, Elvis Presley's, Matteo Rasero, Jacob Elordi, Elvis Presley, Neelam Gill, Armani Privè, David Fisher, Leonie Hanne, Mahboobeh Bolandy, Serena de Ferrari, Stephane Cardinale, Corbis Organizations: CNN, Venice, Writers Guild of America, Screen Actors Guild, American Federation of Television, Radio Artists, SAG, Getty, Italian, Vogue Japan Locations: Venice, Spanish, Australian, Turkish
But as it turns out, I was just not using my imagination, because this year’s Burning Man was an absolute nightmare. casey newtonA bit more of a Drowning Man than a Burning Man, I have to say. kevin rooseYeah, so as someone who’s been to Burning Man, I was fascinated by just the logistics of it all, because it is already a mess to get in and out of Burning Man. kevin rooseSo you are, in addition to a Burning Man escapee this year, you’ve been actually going to Burning Man for a long time. When I say I don’t know what happened, I don’t know what happened to prompt the things that were being directed at us.
Persons: casey newton, kevin roose, I’ve, KEVIN, casey newton It’s, you’ve, it’s, I’ll, casey newton What’s, kevin roose Bluetooth, Kevin Roose, ” casey newton, Casey Newton, Jonathan Greenblatt, Elon, Kevin, casey newton Oh, casey newton You, “ shay, denfreude, kevin roose Schadenfreude, shay, who’s, It’s — casey newton, casey newton That’s, Smart, casey newton Ugh, kevin roose —, casey newton Right, — casey newton, kevin roose What’s, casey newton Sure, ” casey newton Never, Adrian Aoun, He’s, ” adrian aoun, adrian aoun, Larry Page, Adrian, I’m, casey newton Amen, here’s, you’d, we’ve, you’re, Larry, roose, Max, Harry Potter, adrian aoun I’m, they’re, adrian aoun —, , Rice Krispie, kevin roose Wow, let’s, adrian aoun Oh, adrian aoun She’s, She’s —, We’re, wrenches, hitchhike, I, Gerlach, kevin roose She’s, Y, It’s, They’re, — you’re, casey newton We’re, it’s Elon Musk, Elon Musk, Mark Zuckerberg, Donald Trump, West, kevin roose It’s, Casey, casey newton Well, Linda Yaccarino, Jonathan, kevin roose Jonathan, ” jonathan greenblatt, jonathan greenblatt, CHUCKLES, I’d, Linda, kevin roose You, Nick Fuentes, haven’t, Kevin —, that’s, what’s, we’re, casey newton I’ve, jonathan greenblatt I’m, We’ve, — what’s, Here’s, That’s, John, , , CASEY, kevin roose Totally, Hank Green, Hank, ” Hank, hank, It’s Hank, Ben Shapiro, kevin roose Hank, Diana Dionisio, Diana, Snapchat, Jay Hepler, Jay, ” Casey, don’t, casey newton Really, casey newton I’m, Holly Godfrey, Holly, Kevin Scott, Kevin Scott’s, Bing, Rachel Cohn, Jen Poyant, Caitlin Love, Chris Wood, Dan Powell, Elisheba Ittoop, Marion Lozano, Paula Szuchman, Tam, Nell Gallogly, Kate LoPresti, Jeffrey Miranda, CASEY CHUCKLES Organizations: The New York Times, Defamation League, porta, Electric, Google, Labs, Black Rock, casey newton Fair, Burning, Reno, Defamation, Elon, Labor, Twitter, Center, ADL, Nazi, Anti, Twitter’s Trust, Safety, OG, YouTube, Cato Institute, US, Microsoft, Kevins, Davis Locations: Nevada, La Habra , California, Spanish, East, Iraq, Coachella, Bay, Solano County, Toronto, San Francisco, Silicon Valley, Hogwarts, playa, Haiti, Dunkirk, , Gerlach, LA, New York, Reno, it’s Reno, America, Florida, chemo, Tokyo, That’s, hardfork@nytimes.com
Thailand Gets Ready to Sparkle
  + stars: | 2023-09-07 | by ( David Belcher | ) www.nytimes.com   time to read: +1 min
Thailand’s history is rich with gemstones, beginning in the 1400s when its mines first produced the sapphires and rubies that adorned the crowns, swords and even the footwear of the country’s royalty. And as recently as May, jewelry fans took note of the glittering sapphire and diamond necklace and earring set that Queen Suthida of Thailand wore at King Charles III’s coronation in London. But since the 1970s, Thailand has mostly been known as a global hub for cutting, polishing, heating and trading stones, doing business with its gem-rich neighbors Myanmar, Vietnam, Cambodia and Laos, along with countries far beyond. The event offers “a lot of opportunities for local businesses to be exposed to overseas buyers,” said Sumed Prasongpongchai, chief executive of the Gem & Jewelry Institute of Thailand (G.I.T. “We promote the fair heavily in the Middle East, Europe and America.”
Persons: Suthida, King Charles III’s, , Sumed Prasongpongchai Organizations: & Jewelry Institute of Thailand, Ministry of Commerce Locations: Thailand, London, Myanmar, Vietnam, Cambodia, Laos, Bangkok, East, Europe, America
Armani stages star-studded fashion spectacle in Venice
  + stars: | 2023-09-02 | by ( Hanna Rantala | ) www.reuters.com   time to read: +1 min
[1/5] The 80th Venice Film Festival - Armani fashion show "One Night Only" - Venice, Italy, September 2, 2023 - Models present creations by designer Giorgio Armani as a part of a special fashion show to celebrate cinema. REUTERS/Yara Nardi Acquire Licensing RightsVENICE, Sept 2 (Reuters) - Italian fashion designer Giorgio Armani brought sparkle and stars to the canal city on Saturday with a "One Night Only" fashion show coinciding with the 80th Venice Film Festival. The Venice Film Festival has lacked its usual star power this year with many Hollywood A-listers forced to shun the event because of the actors' strike. However, Armani, one of Italy’s greatest postwar designers, had no problem filling the city's old armoury with glitz and glamour. Armani’s "One Night Only" fashion spectacles have previously been held in cities including Tokyo, New York, London and Dubai.
Persons: Giorgio Armani, Yara, Armani, Jessica Chastain, Sophia Loren, Sydney Sweeney, Rege, Jean Page, Ang Lee, Ava DuVernay, Hanna Rantala, Diane Craft Organizations: harlequin, Hollywood, Thomson Locations: Venice, Italy, Tokyo , New York, London, Dubai
Telecom Italia (TIM) logo is seen displayed in this illustration taken, May 3, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsMILAN, Aug 29 (Reuters) - Italy's Treasury can take full ownership of Telecom Italia's (TIM) (TLIT.MI) submarine cable unit Sparkle as part of an agreement with U.S. fund KKR (KKR.N) to jointly bid for the group's landline grid, a draft government decree showed on Tuesday. The cabinet on Monday approved two decrees providing for the Treasury to take a 15-20% stake in NetCo, a venture comprising both TIM's domestic fixed-access network and submarine cable unit Sparkle. It was valued at up to 1.2 billion euros in KKR's preliminary bid for NetCo, sources have said. The Treasury stake in Telecom Italia's grid would have the same property rights assigned to other shares, one of the decrees indicated.
Persons: Dado Ruvic, TIM's, Elvira Pollina, Giuseppe Fonte, Alvise Armellini, Jason Neely Organizations: Telecom Italia, REUTERS, Treasury, Telecom Italia's, U.S, KKR, Reuters, Telecom, Thomson Locations: NetCo, TIM's Milan
[1/2] The 79th Venice Film Festival - Awards Ceremony - Venice, Italy, September 10, 2022 - Director Laura Poitras poses with the Golden Lion Award for Best Film. REUTERS/Guglielmo Mangiapane/File Photo Acquire Licensing RightsAug 28 (Reuters) - The Venice International Film Festival is the oldest film festival in the world, with its 80th edition opening this week. WHEN IS THE VENICE FESTIVAL? The festival opens on Aug. 30 with the premiere of Italian World War Two film "Comandante", directed by Edoardo De Angelis. There are several categories making up the official selection of films shown, the top being those competing for the coveted Golden Lion award.
Persons: Laura Poitras, Guglielmo Mangiapane, Edoardo De Angelis, El Conde, Pablo Larrain, Luc Besson, Ferrari, Michael Mann, Nikolaj, Saverio Costanzo, Maestro, Bradley Cooper, Stefano, Allem, Timm Kroger, David Fincher, Bertrand Bonello, Priscilla, Sofia Coppola, Agnieszka Holland, Pietro Castellitto, Ava DuVernay, Matteo Garrone, Giorgio Diritti, Holly, Szumowska, Michal Englert, Michel Franco, Stephane Brize, William Friedkin, Woody Allen's, Roman Polanski, Henry Sugar, Wes Anderson, Harmony Korine, Travis Scott, Crispian Balmer, Mark Heinrich Our Organizations: Golden, Film, REUTERS, Society, Hollywood, Thomson Locations: Venice, Italy, VENICE, Spanish, Chile, Denmark, Austria, Switz, Canada, France
Forest sign U.S. keeper Turner from Arsenal
  + stars: | 2023-08-09 | by ( ) www.reuters.com   time to read: +1 min
Aug 9 (Reuters) - Nottingham Forest have signed goalkeeper Matt Turner from Arsenal with the United States international signing a four-year deal, the two clubs announced on Wednesday. No financial details were given but British media said Forest will pay seven million pounds ($8.92 million) for Turner plus three million in performance-related add-ons. Turner shot to fame in Major League Soccer where he made 111 appearances for New England Revolution before moving to Arsenal last year. It's felt right from the start and I'm happy it's got done." Arsenal are expected to replace Turner with Brentford keeper David Raya, according to British media.
Persons: Matt Turner, Turner, Aaron Ramsdale, Steve Cooper, It's, Ola Aina, Anthony Elanga, David Raya, Rohith Nair, Ken Ferris Organizations: Nottingham Forest, Arsenal, United States, CONCACAF Gold, CONCACAF Nations League, Major League Soccer, New England, Gunners, Premier League, Brentford, Thomson Locations: Nottingham, Bengaluru
Telecom Italia (TIM) logo is seen displayed in this illustration taken, May 3, 2022. The preliminary agreement could be signed as early as this week, one of the sources said, adding that discussions were still ongoing. The Treasury could join KKR in its preliminary 23 billion euro ($25 billion) bid for TIM's grid and secure a government stake in the venture that will own the network, alongside other potential state-backed investors, the sources said. Debt-laden TIM has granted KKR an exclusivity period until the end of September to negotiate a binding bid for Netco, a venture comprising both TIM's fixed domestic access grid and submarine cable unit Sparkle. ($1 = 0.9127 euros)Reporting by Elvira Pollina and Giuseppe Fonte; writing by Valentina Za; Editing by Alvise ArmelliniOur Standards: The Thomson Reuters Trust Principles.
Persons: Dado Ruvic, Elvira Pollina, Giuseppe Fonte, Valentina Za, Alvise Organizations: Telecom Italia, REUTERS, Treasury, KKR, Telecom Italia's, TIM, Netco, Thomson Locations: MILAN
When I wrote my college-admissions essay, I took a risk and wrote: "I want to be like Barbie." I thought about what I liked; I liked film. Barbie chose all of her dreams, and through pursuing film as a career, I could too. With help from Barbie, I consistently chose it all, and through film, I could bring my ballerina-astronaut dreams to life. Now, two years later, I'm entering my sophomore year of studying film and television production at Chapman University, one of the world's top film schools.
Persons: Barbie, She's, Seuss, Barbie —, I've Organizations: Service, Hollywood, Chapman University Locations: Wall, Silicon, Southern California
Barbiecore is 2023's hottest design trend, thanks to Greta Gerwig's "Barbie," starring Margot Robbie as the famous doll. Margot Robbie as Barbie. Warner Bros. The namesake design trend is maximalist and feminine. It features bold pink hues and often a dash of a metallic sparkle.
Persons: Greta Gerwig's, Barbie, Margot Robbie, Warner Organizations: Warner Bros
AI investment is booming. How much is hype?
  + stars: | 2023-07-23 | by ( Anna Cooban | ) edition.cnn.com   time to read: +7 min
The investment into Mistral AI is just one of many this year by venture capitalists jostling for a seat aboard the AI rocketship. In the first six months of 2023, they plowed $15.2 billion into generative AI companies globally, according to Pitchbook data. The bulk of this sum comes from Microsoft (MSFT)’s $10 billion investment, announced in January, in OpenAI, the developer of popular generative AI chatbot ChatGPT. But even excluding Microsoft’s bumper deal, the value of VC investments in generative AI was up by almost 58% compared with the same period in 2022. “Buying a ‘dot-ai’ domain, and claiming to be an AI company… doesn’t really make you an AI company,” Jacobs told CNN.
Persons: Antoine Moyroud, wasn’t, , Arthur Mensch, Nathan Laine, hasn’t, ” Mostaque, jostling, Moyroud, , ’ “, , ” Moyroud, It’s, Jaap Arriens, Goldman Sachs, Stocks, Mike Reynolds, Reynolds, , “ It’s, ” Reynolds, ” Jordan Jacobs, … doesn’t, ” Jacobs Organizations: London CNN, Lightspeed Venture Partners, CNN, Mistral, Viva Tech, Bloomberg, Getty, Stability, Microsoft, Meta, Nvidia, Nasdaq, Cisco, Radical Ventures Locations: French, Paris, California, OpenAI, , Toronto
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