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☆ Vietnam PM courts U.S. companies, seeks investment in chip sector
▼ + stars: | 2023-09-19 | by ( ) www.reuters.com time to read: +2 min

[1/2] Semiconductor chips are seen on a printed circuit board in this illustration picture taken February 17, 2023. Chinh pledged to facilitate future investments by Nvidia and Synopsys in Vietnam, the statement said. The statement quoted Nvidia CEO Jensen Huang as telling Chinh that "Nvidia wants to cooperate with Vietnam in semiconductor, information technology and artificial intelligence." Synopsys, which has plans to build chip design centres in Vietnam, on Monday signed memorandums of understanding with Vietnam's information ministry and with the investment ministry. Nvidia, a top supplier of servers to Vietnam, and Synopsys did not immediately respond to Reuters requests for comment.

Persons: Florence Lo, Pham Minh Chinh, Joe Biden, Chinh, Jensen Huang, Synopsys, Amkor, Khanh Vu, Edwina Gibbs Organizations: REUTERS, Rights, Nvidia, U.S, Synopsys, Monday, Intel, United Nations General Assembly, Thomson Locations: Rights HANOI, Vietnam, San Francisco, United States, Hanoi, Chinh, U.S, Brazil

☆ The new T-14 tank Russia has been bragging about? We haven't seen it 'a single time,' Ukraine's military intel chief says
▼ + stars: | 2023-09-19 | by ( Michael Peck | ) www.businessinsider.com time to read: +6 min

Russian media has reported that the new T-14 tank has seen combat in Ukraine. But Ukraine's military intel chief says Ukrainian forces haven't seen any T-14s in action. It's possible the T-14 has been used, but the war has tarnished the reputation of Russian tanks. "We haven't seen a single instance of this machine being used," Lt. Gen. Kyrylo Budanov, chief of Ukrainian defense intelligence, said in response to a question about the T-14 during a recent conference in Kyiv. Not only is the T-14 expensive, but Russian defense industry publications have reported development and manufacturing problems with it.

Persons: haven't, Kyrylo Budanov, Armatas, weren't, Sean Gallup, Abrams, Budanov, ALEXANDER NEMENOV, RIA, Michael Peck Organizations: intel, Service, RIA, Southern Military, Getty, Russia, British Defence Ministry, International Military Forum Army, REUTERS, Defense, Foreign Policy, Twitter, LinkedIn Locations: Ukraine, Wall, Silicon, Russia, Kyiv, Moscow, AFP, India, Kharkiv, Soviet, Forbes

☆ Both Ukraine and Russia are sending troops to fight over a bunch of small islands. It's a way to distract from the front lines, UK intel says.
▼ + stars: | 2023-09-19 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +2 min

Ukrainian and Russian forces are battling each other for islands in the Dnipro River, UK intel said. Both sides have "launched raids with teams in small boats," said the UK's Ministry of Defense. The troops are using the opportunity to distract from combat on the front lines, the intel said. Ukrainian and Russian troops have "launched raids with teams in small boats against the islands and against the opposite riverbanks," the UK's Ministry of Defense said. In June, Ukraine launched its counteroffensive to reclaim Russian-occupied territory in the east and south of the country, but it's been largely slow-moving.

Persons: it's Organizations: UK intel, UK's Ministry of Defense, intel, Service, Kyiv Locations: Dnipro, UK, Wall, Silicon, Ukraine's Kherson Oblast, Zaporishshia, Donetsk, Ukraine

The capability, which Intel showed off during a software developer conference held in Silicon Valley, could let businesses and consumers test ChatGPT-style technologies without sending sensitive data off their own computer. It is made possible by new AI data-crunching features built into Intel's forthcoming "Meteor Lake" laptop chip and from new software tools the company is releasing. Intel said on Tuesday that it was building a new supercomputer that would be used by Stability AI, a startup that makes image-generating software. China's Alibaba Group Holdings (9988.HK) is using its newest central processors to serve up chatbot technology, Intel said. If Intel Chief Gelsinger can make AI "so that anyone can use it, that creates a much bigger market for chips – the chips that he makes," Hutcheson said.

Persons: Arnd, Taylor Swift, Pat Gelsinger, Gelsinger, Sachin Katti, Dan Hutcheson, TechInsights, Hutcheson, Stephen Nellis, Max Cherney, Peter Henderson, Lincoln, Josie Kao Organizations: Intel Corporation, REUTERS, JOSE, Intel, ., Taiwan Semiconductor Manufacturing, Nvidia, Stability, Alibaba, Holdings, Meta, Reuters, Thomson Locations: Davos, Switzerland, California, Silicon Valley, HK, San Francisco, San Jose , California

☆ Intel core processors expected to bring AI to PCs by December 14
▼ + stars: | 2023-09-19 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIntel core processors expected to bring AI to PCs by December 14Karen Firestone, Aureus Asset Management CEO, Sarat Sethi, DCLA managing partner, Josh Brown, CEO at Ritholtz Wealth Management, Jim Lebenthal, partner at Cerity Partners, and CNBC's Kristina Partsinevelos, join 'Halftime Report' to discuss Intel as the company kicked of its developer conference on Tuesday.

Persons: Karen Firestone, Sarat Sethi, DCLA, Josh Brown, Jim Lebenthal, CNBC's Kristina Partsinevelos Organizations: Intel, Aureus Asset Management, Ritholtz Wealth Management, Cerity Partners

☆ Intel CEO Pat Gelsinger on new AI chips: We're very competitive with market leader Nvidia
▼ + stars: | 2023-09-19 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIntel CEO Pat Gelsinger on new AI chips: We're very competitive with market leader NvidiaIntel CEO Pat Gelsinger joins 'Closing Bell Overtime' to talk the semiconductor space, competition with Nvidia, the AI boom and much more.

Persons: Pat Gelsinger Organizations: Nvidia

☆ US lawmaker to urge chip industry group to reduce China investments -source
▼ + stars: | 2023-09-19 | by ( Stephen Nellis | ) www.reuters.com time to read: +2 min

REUTERS/Nathan Howard/File Photo Acquire Licensing RightsSept 19 (Reuters) - The chair of the U.S. House of Representatives' committee on China is planning to meet with a semiconductor industry group to express concerns over U.S. investments in China's chip industry, according to a source familiar with the matter. The group represents major chip firms such as Nvidia (NVDA.O) and Intel (INTC.O), whose sales to China have been affected by recent changes in U.S. export rules. The source added that Gallagher also aims to talk with the group about reducing the number of semiconductor manufacturing machines that could be sent to China. Also among the planned discussion topics is U.S. investment in Chinese chip firms, according to the source. A representative for the Semiconductor Industry Association declined to comment.

Persons: Mike Gallagher, Nathan Howard, Biden, Gallagher, Stephen Nellis, Nick Zieminski, Rosalba O'Brien Organizations: Republican U.S . Rep, U.S, Capitol, REUTERS, U.S . House, Representatives, Republican, Semiconductor Industry Association, Nvidia, Intel, Qualcomm, San, Thomson Locations: Washington , U.S, China, San Francisco

☆ AI startup SambaNova launches new chip designed for higher quality AI
▼ + stars: | 2023-09-19 | by ( Max A. Cherney | ) www.reuters.com time to read: +2 min

Argonne National Laboratory/Handout via REUTERS/File Photo Acquire Licensing RightsSept 19 (Reuters) - Artificial intelligence chip startup SambaNova Systems announced a new semiconductor on Tuesday, designed to allow its customers to use higher quality AI models at a lower overall cost. Security, accuracy and privacy are all areas that AI technology must be designed differently to be useful for enterprise customers. Nvidia (NVDA.O) dominates the market for AI chips, but a surge in demand triggered by interest in generative AI software made the coveted chips difficult for some companies to obtain. The new SambaNova chip is capable of powering a 5 trillion parameter model, and includes two advanced forms of memory. The company said that its combination of hardware enables customers to run larger AI models without trading size for accuracy.

Persons: ChatGPT, Rodrigo Liang, Liang, Max A, Michael Perry Organizations: U.S . Department of Energy’s, U.S . Department of Energy’s Argonne National Laboratory, Argonne National Laboratory, REUTERS, Systems, Palo, Nvidia, Intel, Devices, Taiwan Semiconductor Manufacturing Company, Thomson Locations: U.S . Department of Energy’s Argonne, Lemont , Illinois, U.S, Palo Alto , California, San Francisco

☆ Russia is using elite paratrooper units as regular infantry, with the rest of its forces overstretched, UK intel says
▼ + stars: | 2023-09-18 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +3 min

Russia is using elite paratroopers as regular infantry, the UK MOD said. The VDV force isn't at full strength and is being used to help overstretched Russian lines, it said. The situation is one that is unlikely to please the elite force's hierarchy, it added. AdvertisementAdvertisementThe VDV forces have likely reinforced Russia's 58th Combined Arms Army, part of Russia's ground forces, according to the UK MOD, with the situation coming about as Russia's military finds itself overstretched. Once again, they are being used as line infantry to augment over-stretched ground forces," the MOD said.

Organizations: MOD, Service, UK Ministry of Defence, Arms Army, Washington DC, for Locations: Russia, Wall, Silicon, Ukraine, Robotyne

☆ Nvidia or Arm? Dan Niles reveals which he'd 'much rather' own
▼ + stars: | 2023-09-18 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

U.K.-based chip design company Arm debuted on the Nasdaq on Thursday, and now it's trading at a premium to even fellow semiconductor firm Nvidia . But hedge fund manager Dan Niles told CNBC's " Squawk Box Asia " that he'd "much rather own" Nvidia for the AI play. He pointed out that 75% of Nvidia's revenues are data center-driven, whereas less than 15% of Arm's revenues are driven by AI. Nvidia is also down around more than 7% so far in September and Niles describes that as a "very healthy consolidation." "Those are all names you can buy at much better valuations than you can buy Arm and I'm not arguing Arm isn't a great company," Niles said.

Persons: Dan Niles, CNBC's, Niles Organizations: Nasdaq, Nvidia, Fund, it's, Intel, Meta

Importantly, the site is near Wright-Patterson Air Force Base and the headquarters of the U.S. Air Force Research Laboratories. With this announcement, that aspiration has been realized.”Political Cartoons View All 1163 ImagesThe Wright brothers, Orville and Wilbur, lived and worked in Dayton. Joby CEO JoeBen Bevirt told the AP that the company chose Ohio after an extensive and competitive search. 3 in the nation on manufacturing jobs — and that depth of manufacturing prowess, that workforce, is critical to us as we look to build this manufacturing facility. That included the loss of tens of thousands of auto and auto parts manufacturing jobs in the early 2000s and the loss of ATM maker NCR Corp.'s headquarters to an Atlanta suburb in 2009.

Persons: Wright, Mike DeWine, Jon Husted, ” Husted, Orville, Wilbur, Orville Wright's, Hawthorn Hill, Joby, JoeBen Bevirt, Bevirt, J.P, Nauseef, that’s, —, ” Bevirt, DeWine —, John Glenn, Neil Armstrong Organizations: Joby Aviation Inc, ” Republican Gov, Associated Press, Intel, Dayton International, Republican, Gov, Patterson Air Force Base, U.S . Air Force Research Laboratories, “, U.S, Hawthorn, Wright Model B, Toyota, Delta Airlines, Air Force, U.S . Department of Energy, AP, Boeing, Airbus, NCR Corp, U.S . Air Force’s, . Space Command, Space Force Locations: COLUMBUS , Ohio, Ohio, Wright, Dayton, Santa Cruz , California, “ Ohio, Atlanta, Springfield, Marina , California

☆ Russia is likely growing its cruise missile stockpile to attack Ukraine's energy infrastructure this winter, says UK intel
▼ + stars: | 2023-09-16 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +2 min

Russia is likely increasing its stockpile of air-launched cruise missiles, the UK MOD said. The weapons could be used to strike Ukraine's energy infrastructure this winter, it said. Last year, Russia bombarded Ukrainian energy targets, cutting off electricity and heat to millions. This suggests that Russia will likely be able to generate a "significant" stockpile of the weapons and there is a "realistic possibility" they will be used to strike Ukraine's energy infrastructure targets in the winter, according to the UK ministry. Last winter, Russia conducted mass long-range strikes against such targets, cutting off electricity, heat, and water to millions of civilians.

Organizations: MOD, Service, UK Ministry of Defence, Atlantic Council Locations: Russia, Ukrainian, Wall, Silicon, Kodiak, Ukraine

☆ Ukrainian partisans say a double agent in the Russian military helped them plan the devastating attack at a shipyard in Crimea
▼ + stars: | 2023-09-15 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +2 min

A Ukrainian partisan group says a Russian military member helped Ukraine with its strike in Crimea. "We managed to attract one of the military members of the Russian Black Sea Fleet," ATESH told the outlet. That intel helped Ukrainian forces strike the crucial Russian naval base in Sevastopol, Crimea, on the Black Sea. ATESH told the Kyiv Post that it wasn't just a mole in the Russian military that gave them the crucial intel, but also local residents. AdvertisementAdvertisement"The constantly growing Ukrainian underground partisan movement demonstrates that the inhabitants of Crimea are ready to fight against Russia," ATESH told the Kyiv Post.

Persons: —, ATESH Organizations: Service, Kyiv Post, intel, Russia Locations: Ukrainian, Russian, Ukraine, Crimea, Sevastopol, Wall, Silicon, Crimean Tatars, Russia, Kyiv, Rostov, Minsk, Don

CNN —China appears to have suspended its surveillance balloon program following a major diplomatic incident earlier this year, when one of the country’s high-altitude spy balloons transited the United States, multiple sources familiar with US intelligence assessments told CNN. The apparent suspension of the program comes as both the US and China have sought to stabilize an increasingly tense relationship. The US assessed at the time that the spy balloon was part of an extensive surveillance program run by the Chinese military, CNN has previously reported. “We believe that (the balloon) did not collect while it was transiting the United States or flying over the United States, and certainly the efforts that we made contributed,” Pentagon Press Secretary Brig. The more sensitive radar systems led the US military to spot more unidentified objects in US airspace, however, leading to three additional shootdowns of unidentified high-altitude objects in the weeks following the Chinese balloon incident.

Persons: Liu Pengyu, majeure, ” Liu, Joe Biden, Xi Jinping, Xi “, Xi, ”, Biden, Antony Blinken, Nancy Pelosi, enraging Xi, Christopher Johnson, Johnson, ’ ” Johnson, Pat Ryder Ryder, Trump, Glen VanHerck Organizations: CNN, Communist Party, US, Economic Cooperation, CIA, Center for Strategic, International Studies, Foreign Ministry, FBI, Pentagon, Northern Command, North American Aerospace Defense Command Locations: China, United States, American, Beijing, Taiwan, Hainan, Alaska, Canada, Idaho, Montana, Asia, San Francisco, United

☆ Supply chains moving out of China could create new winners in the Southeast Asian middle-class, says an official
▼ + stars: | 2023-09-15 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

Global supply chains moving away from China is an opportunity for Southeast Asia, said one Malaysian minister. Southeast Asia countries could take the chance to attract manufacturing investments, he said. Liew Chin Tong, the deputy minister of investment, trade, and industry in Malaysia, thinks supply chains moving to other parts of Asia isn't exactly a bad thing. Liew's comments came amid intense global discussions on the future of supply chains following disruptions during the COVID-19 pandemic. Manufacturers are now allowing processes to have some breathing room in what's known as the "just-in-case" supply chain model because "they want resiliency" in the supply chains, Long added.

Persons: Liew Chin Tong, Liew, Liew's, Steven Long, Long, Donald Trump, Biden Organizations: Service, Milken Institute, Asia, Intel, Manufacturers, China Locations: China, Southeast Asia, Malaysian, Wall, Silicon, Malaysia, Asia, Milken Institute Asia, Singapore, Asia Pacific, Japan, Washington, Beijing

☆ SoftBank's Arm by the numbers
▼ + stars: | 2023-09-15 | by ( ) www.reuters.com time to read: +3 min

Arm CEO Rene Haas rings the opening bell, as Softbank's Arm, chip design firm, holds an initial public offering (IPO) at Nasdaq Market site in New York, U.S., September 14, 2023. Arm says it has a 10% share in cloud computing chips, 41% in automotive chips, 25.5% in networking and 64.5% in Internet of Things. That makes Arm China, not better-known names like Apple (AAPL.O) or Qualcomm (QCOM.O), Arm's largest customer. Arm China, in which Arm itself is in effect only a minority shareholder, underwent a nearly two-year boardroom battle between its local chief and shareholders that ended last year. In its latest earnings for the June quarter, SoftBank valued Arm at $45 billion, but two months later, it bought back a 25% stake in Arm that had been owned by SoftBank's investment vehicle, the Vision Fund, at a $64 billion valuation.

Persons: Rene Haas, Brendan McDermid, Group's, Arm, SoftBank, Anton Bridge, Miyoung Kim, Kim Coghill Organizations: Nasdaq, REUTERS, Arm Holdings, Apple, Qualcomm, SoftBank, Nvidia, Devices, Intel, Samsung Electronics, Vision, Thomson Locations: New York, U.S, United States, China, CHINA, Tokyo

☆ A Russian sub took 'catastrophic' damage from a Ukrainian missile strike despite attempts to downplay it, UK intel says
▼ + stars: | 2023-09-15 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +3 min

A key Russian submarine suffered "catastrophic" damage in a recent Ukrainian attack, UK intel said. The loss is significant, the MOD said, as it's one of four cruise-missile-capable subs in Russia's Black Sea Fleet. It could take "many years" before the submarine can return to service, the UK MOD said. The UK MOD added that "the complex task of removing the wreckage from the dry docks" will also place the facility out of use for many months. "The demilitarization of the Russian Black Sea fleet is a real long-term guarantee of security for regional trade routes and the "grain corridor," he added.

Persons: Don —, OSINTtechnical, Ben Hodges, Mykhailo Podolyak, Volodymyr Zelenskyy Organizations: UK intel, MOD, Service, Fleet, Ministry of Defence, Kilo, Russian Ministry of Defence, Russia's Defense, US Army Locations: Russian, UK, Wall, Silicon, Sevastopol, Minsk, Rostov, Ukraine, Crimea, US Army Europe

☆ Arm China 'doing well,' CEO says, even as SoftBank's Masa Son reduces China exposure
▼ + stars: | 2023-09-14 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +2 min

You can watch David Faber's interview with Arm CEO Rene Haas and SoftBank CEO Masayoshi Son live on CNBC Pro. But SoftBank CEO Masayoshi Son, who made a fortune through Chinese juggernaut Alibaba , said SoftBank had reduced its "exposure in China" by a significant amount. Neither Arm nor SoftBank, which acquired Arm for $32 billion in 2016, directly control their China subsidiaries. Arm now only directly owns around 5% of Arm China, but the group still accounts for nearly a quarter of Arm's fiscal 2023 revenue, according to pre-offering filings. Son was focused on SoftBank's stake in Alibaba, which SoftBank has been reducing steadily over the last few years.

Persons: David Faber's, Rene Haas, Masayoshi, Masayoshi Son, Alibaba, SoftBank, Biden, Son, CNBC's David Faber, ByteDance Organizations: CNBC Pro, Arm, CNBC, Nasdaq, Intel, Nvidia, Vision, U.S Locations: China, Alibaba, SoftBank

"I was literally living under the poverty line for like four years, but it was a good experience," he says. Hassam Sheikh, 33, earns about $250,000 per year as an AI research scientist. In May 2020, Sheikh began an internship at Intel Labs that would, about seven months later, turn into a full-time gig as a research scientist. In addition to his $187,000 annual base salary, Sheikh receives bonuses and stock compensation which, in 2023, have him on track to earn about $250,000. When he's not working on machine learning, he's likely working around the house.

Persons: Hassam Sheikh's, didn't, Sheikh, —, Hassam Sheikh, Clint Boland, I've, hasn't, Deborah Donatella, Diana Wintour —, Sheikh stashes, he's, it's, there's Organizations: CNBC, University of Central, Intel Labs, University of Lahore, University of Manchester, Intel, UCF, Amazon Music, Walmart, Home, Michelin Locations: Orlando , Florida, University of Central Florida, That's, Lahore, Pakistan, Orlando, United States

☆ SoftBank's Arm set to debut on Nasdaq after biggest IPO since 2021
▼ + stars: | 2023-09-14 | by ( ) www.reuters.com time to read: +3 min

A smartphone with a displayed Arm Ltd logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsSept 14 (Reuters) - SoftBank's chip designer Arm Holdings (ARM.O) is set to debut on the Nasdaq on Thursday, in what is expected to be the biggest test for the U.S. IPO market after a listing drought that lasted for nearly 16 months. Hopes of a revival in the IPO market largely depend on the success of the high-profile listings of Arm and other marquee startups, including grocery delivery firm Instacart and marketing firm Klaviyo. Arm also told investors its royalty fees, which account for most of its revenue, were accumulating since it started collecting them in the early 1990s. Royalty revenue came in at $1.68 billion at the latest fiscal year, up from $1.56 billion a year ago.

Persons: Dado Ruvic, iPhones, it's, Susannah Streeter, Hargreaves Lansdown, Goldman Sachs, JPMorgan Chase, Manya Saini, Niket, Arun Koyyur Organizations: REUTERS, Arm Holdings, Nasdaq, U.S, Apple, Intel, London Stock Exchange, SoftBank, Android, Nvidia, Devices, Broadcom, Qualcomm, Micron Technology, Barclays, JPMorgan, Mizuho Financial Group, Thomson Locations: Samsung's, China, New York, Bengaluru

☆ Arm is trading at a premium to Nvidia after IPO pop even though it's a 'no-growth company'
▼ + stars: | 2023-09-14 | by ( Ari Levy | ) www.cnbc.com time to read: +5 min

Arm CEO Rene Haas and executives cheer, as Softbank's Arm, chip design firm, holds an initial public offering (IPO) at Nasdaq Market site in New York, U.S., September 14, 2023. Arm's Nasdaq debut on Thursday looks good for SoftBank, which just spun the company out after acquiring it in 2016. The UK-based chip design company saw its stock jump 25% to $63.59 after its IPO, lifting the company's fully diluted market cap to almost $68 billion. For now, there's not a big open market for Arm's stock. Of the $4.9 billion worth of shares SoftBank sold, $735 million were purchased by a group of strategic investors including Apple , Google , Nvidia, Samsung and Intel .

Persons: Rene Haas, Jay Ritter, there's, SoftBank, Masayoshi Son, We've, CNBC's David Faber, Matt Oguz, it's, —, Oguz, Kif Leswing, SoftBank's Masayoshi, Arm's Rene Haas Organizations: Nasdaq, Wall, Nvidia, Semiconductor, U.S, University of Florida, Apple, Google, Samsung, Intel, Venture Science, AMD Locations: New York, U.S

☆ Is Arm Holdings a smart way to play the booming AI market? Experts break down 2023's biggest IPO, and why you should invest with caution.
▼ + stars: | 2023-09-14 | by ( Mark Reeth | ) www.businessinsider.com time to read: +9 min

Arm Holdings, the British semiconductor and software maker, is set to go public on Thursday in the biggest initial public offering of 2023. This isn't the first time Arm shares have been available to the public. In its F-1 filing to go public, Arm said its CPUs "run the vast majority of the world's software." That would make Arm stock impressively expensive compared to peers in the tech sector. That said, while Arm shares are looking expensive today, if the company lives up to its high expectations, then the price begins to look more reasonable.

Persons: SoftBank, Arm, it's, Seth Farbman, ARM's, Farbman, Matt Bryson, he's, Bryson, Peter C, Earle, We've, It's Organizations: Arm Holdings, Bank of America, SoftBank, Taiwan Semiconductor Manufacturing, Nvidia, ARM, Apple, Google, AMD, Samsung, VStock, Intel, Wedbush Securities, American Institute for Economic Research, IPOs, China Arm's Locations: China

☆ A kid posed with his pilot dad in an airplane. Almost 30 years later they recreated the photo
▼ + stars: | 2023-09-13 | by ( Francesca Street | ) edition.cnn.com time to read: +8 min

Meanwhile Flowers’ father – also called Ruben Flowers – was nearing retirement and readying for his final Southwest flight as Captain. “It was just great to be able to recreate that moment,” says the younger Flowers. “It was a dream come true moment.”Family affairHere's Captain Ruben Flowers and First Officer Ruben Flowers recreating the 1990s photo in 2023. The Flowers family aviation legacy began when the older Flowers was a kid growing up in Michigan in the 1960s and 70s. The older Flowers is excited for that day too, and says he’s unendingly proud of his three children.

Persons: CNN — Ruben Flowers, Flowers, He’d, –, Ruben Flowers –, readying, they’d, ”, Ruben Flowers, there’s, didn’t, it’s, Louis Freeman, Freeman, “, He’s, he’s, he’ll, he’s unendingly Organizations: CNN, Southwest Airlines, CNN Travel, Southwest, ”, intel, Airlines, Organization of Black Aerospace Locations: Southwest, Omaha , Nebraska, Chicago , Illinois, Michigan

☆ Russia enticed soldiers to join a unit by saying it wouldn't fight in Ukraine for months, then sent it straight to the front, UK intel says
▼ + stars: | 2023-09-13 | by ( Sophia Ankel | ) www.businessinsider.com time to read: +2 min

Russia recruited a unit of soldiers and told them they would only be deployed until December. But the unit was "rushed into action early," UK intelligence said in an update on Wednesday. AdvertisementAdvertisementThe Ministry of Defense also said that Russian military officials could use the 25CAA "to regenerate an uncommitted reserve force in the theatre to provide commanders with more operational flexibility." The update comes as Ukraine makes advances in its grueling counteroffensive, which was launched in early June. AdvertisementAdvertisementMeanwhile, tens of thousands of Russian military equipment and weapons have been destroyed and captured.

Organizations: Service, Combined Arms Army, British Ministry of Defense, Ministry of Defence, of Defense, — Ministry of Defence Locations: Russia, Wall, Silicon, Ukraine

Arm, the chip design firm that supplies core technology to firms including Apple and Nvidia , priced its IPO at $52 a share, according to a source familiar with the matter. Arm is listing at least 95.5 million American depository shares on the Nasdaq, and SoftBank, its current owner, will control about 90% of the company's outstanding shares. The offering is priced above Arm's expected price range of $47 to $51. It's set to be the biggest technology IPO of the year. Arm's instruction set uses less power than the x86 architecture used in PC and server chips by Intel and AMD.

Organizations: Apple, Nvidia, Nasdaq, Google, Samsung, AMD, Intel, Taiwan Semiconductor Manufacturing Company

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