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☆ Google I/O event: first foldable phone, new tablets and more AI features
▼ + stars: | 2023-05-10 | by ( Samantha Kelly | ) edition.cnn.com time to read: +8 min

The Pixel FoldThe Google Pixel Fold is the company's first foray into foldable phones GoogleGoogle became the latest tech company to unveil a foldable smartphone. Like other foldables, the $1799 Pixel Fold features a vertical hinge that can be opened to reveal a tablet-like display. The Pixel Fold is very much a phone first: when it’s unfolded, it opens up into a 7.6-inch screen, and moves on Google’s custom-built 180-degree hinge. Under the hood, the 11-inch tablet is powered by Google’s Tensor G2 chips, which bring long-lasting battery life and AI features to the device. AI features coming to searchGoogle is also moving forward with plans to bring AI chat features to its core search engine amid a renewed arms race over the technology in Silicon Valley.

☆ Cash App creator Bob Lee's autopsy shows he died of 3 stab wounds. His suspected killer's defense is pointing to drugs found in his system.
▼ + stars: | 2023-05-03 | by ( Sindhu Sundar | Lloyd Lee | ) www.businessinsider.com time to read: +4 min

Cash App founder Bob Lee died from stab wounds that damaged his heart, a medical report reveals. Lee had himself called 911 after he was attacked in downtown San Francisco last month. The medical report states that the police officers attempted CPR when they found Lee, who had sustained wounds on his "left upper chest." (Gabrielle Lurie/San Francisco Chronicle via AP, Pool) (Gabrielle Lurie/San Francisco Chronicle via AP, Pool)Canny told reporters outside the courtroom that Lee's toxicology report would factor in the case. Representatives for the San Francisco District Attorney's office did not respond to Insider's emailed request for comment on Tuesday.

☆ Louis Vuitton dazzles luxury-seeking Seoul with first pre-fall show
▼ + stars: | 2023-04-29 | by ( ) www.reuters.com time to read: +1 min

SEOUL, April 29 (Reuters) - LVMH's (LVMH.PA) top fashion brand Louis Vuitton held its first-ever pre-fall fashion show on Saturday on a bridge in Seoul, the capital of a leading luxury market. In one of the highest profile events since chairman and CEO Pietro Beccari started at Louis Vuitton earlier this year, the runway on the lower level of the double-decker Jamsu bridge that spans the Han River was bathed in blue shadows. Models walked the 795 metre (2,608 feet) bridge, where traffic was stopped for 24 hours, wearing fitted, sporty designs with geometric patterns designed by Nicolas Ghesquière, artistic director of women’s collections at Louis Vuitton. They strode out of a tunnel on chunky-heeled shoes in slick windbreakers, miniskirts that flared out and striped suits. On Saturday the creator and director of 2021's Netflix hit drama "Squid Game" Hwang Dong-hyuk participated in the show scenography.

☆ South Korean millennials and Gen Z are raging against the idea of a 69-hour workweek. They are tired, having fewer babies, and are even working themselves to death.
▼ + stars: | 2023-04-06 | by ( Nidhi Pandurangi | Reena Koh | ) www.businessinsider.com time to read: +6 min

The South Korean government wants to increase the workweek to 69 hours. The 69-hour limit relates to a six-day workweek, while the 80.5-hour limit is applicable for a seven-day workweek, according to South Korean outlet Han Kyeo Re. In 2020, 14 delivery couriers in South Korea died of overwork stemming from increased deliveries during the COVID-19 pandemic, Reuters reported, citing a union representative. Notably, the culture of long working hours and death linked to overworking is not specific to South Korea. However, the government is trying to disconnect longer working hours from low birth rates.

[1/2] The corporate logo of financial firm Morgan Stanley is pictured on a building in San Diego, California, Sept. 24, 2013. The investor lawsuits in the U.S. District Court, Southern District of New York are Tan v. Goldman Sachs Group Inc et al, No. 21-08413; Florio v. Goldman Sachs Group Inc et al, No. 21-10286; Scully v. Goldman Sachs Group Inc et al, No. 21-10791, and Lee v. Goldman Sachs Group Inc et al, No.

[1/2] The corporate logo of financial firm Morgan Stanley is pictured on a building in San Diego, California, Sept. 24, 2013. REUTERS/Mike Blake/File PhotoNEW YORK, March 31 (Reuters) - A U.S. judge on Friday dismissed lawsuits by investors who accused Goldman Sachs Group Inc (GS.N) and Morgan Stanley (MS.N) of engaging in market manipulation before the collapse of Bill Hwang's investment firm Archegos Capital Management LP. U.S. District Judge Paul Crotty in Manhattan rejected claims that the Wall Street banks, two of Archegos' prime brokers, should be liable for selling several Archegos-linked stocks while possessing inside knowledge about the firm's imminent collapse, materially harming investors in those stocks. Reporting by Jonathan Stempel in New York; editing by Jonathan OatisOur Standards: The Thomson Reuters Trust Principles.

NEW YORK, March 23 (Reuters) - A U.S. judge on Thursday denied Archegos Capital Management LP founder Bill Hwang's effort to dismiss an indictment accusing him of fraud in the collapse of his once-$36 billion firm. U.S. District Judge Alvin Hellerstein in Manhattan rejected arguments that the 11-count indictment should be tossed because prosecutors deceived Hwang into cooperating with their probe and because Hwang's trading activity had been lawful. Authorities said Hwang concealed the size and riskiness of his bets by spreading his borrowing among several banks. When the prices of some stocks fell, Hwang was unable to meet margin calls, leading banks to dump stocks backing his swaps, and causing losses for Archegos and others. The case is U.S. v. Hwang et al, U.S. District Court, Southern District of New York, No.

☆ My small Christian college on Wall Street is on the brink of going under. It had it coming.
▼ + stars: | 2023-03-18 | by ( Paige Hagy | ) www.businessinsider.com time to read: +8 min

I just graduated from a Christian college on Wall Street, and it's on the verge of going under. The King's College is a tiny, private liberal arts school located in New York City's Financial District. And as an Asian woman who grew up in white, conservative Christian spaces, I didn't feel out of place in a student body that was predominantly white. 'Don't just go to college, come to King's'So how does a small, Christian school end up in the heart of the country's largest city? The King's CollegeThere are two kinds of King's students: those who just go to King's and those who are "King's people."

☆ A new migraine medication is coming this summer — and it promises relief in just 15 minutes
▼ + stars: | 2023-03-11 | by ( Aidan Pollard | ) www.businessinsider.com time to read: +2 min

The Food and Drug Administration on Friday approved a new nasal spray to treat migraines. The spray will be available in July and is designed to treat migraines in 15 minutes. The drug, which Pfizer acquired when it bought out Biohaven Pharmaceuticals last year for $11.6 billion, will provide an alternative to oral migraine medication, NBC News reported. The drug is not the first nasal medication of its kind, but it's anticipated to work more rapidly — the medication is intended to offer relief within 15 minutes, according to Pfizer. "Among my migraine patients, one of the most important attributes of an acute treatment option is how quickly it works."

☆ Swiss Bank UBS gave its CEO an 11% pay hike in 2022, but it cut employees' bonus pool by 10%
▼ + stars: | 2023-03-07 | by ( Huileng Tan | ) www.businessinsider.com time to read: +2 min

UBS gave CEO Ralph Hamers an 11% pay hike in 2022, taking his pay to $13 million. But the Swiss bank cut the bonus pool for its employees by 10% to $3.3 billion. The Zurich-based lender awarded CEO Ralph Hamers 12.2 million Swiss francs, or $13 million, for 2022, according to UBS' annual report published on Monday. His paycheck includes a base salary of 2.5 million francs and a performance award of 9.7 million francs. UBS shares closed 0.3% higher at 20.74 Swiss francs apiece on Monday.

☆ Morgan Stanley is cooperating with U.S. regulators on block-trading probe
▼ + stars: | 2023-02-24 | by ( Saeed Azhar | ) www.reuters.com time to read: +2 min

Feb 24 (Reuters) - Morgan Stanley (MS.N) said it was cooperating with U.S. regulators over investigations into its block-trading practices and providing authorities with information, according to a filingon Friday. The Wall Street firm added it could face civil claims from market participants who said they were harmed by the company's practices. Morgan Stanley said it has been responding to subpoenas and other requests for information from the U.S. Attorney's Office for the Southern District of New York and the enforcement division of the Securities and Exchange Commission. On Feb. 6, a New York state judge refused to dismiss a proposed class action against Morgan Stanley and other underwriters that helped the media company Viacom Inc sell $2.7 billion of stock in March 2021. Archegos collapsed in March 2021 after failing to meet margin calls on swaps on Viacom CBS and other stocks.

☆ Sorry Liverpool thrashed 3-0 at Wolves
▼ + stars: | 2023-02-04 | by ( Andrew Cawthorne | ) www.reuters.com time to read: +3 min

In their best performance of the season, Wolves cut through Liverpool's shaky defence from the off, missing two good chances before a Hwang Hee-Chan cutback went in off the heel of Joel Matip for a fifth minute own goal. Defeat left Liverpool 10th on 29 points after a terrible start to 2023 in which they have won just one of seven matches - against Wolves in the FA Cup - in all competitions. The result was the first time in a decade that Liverpool have lost three consecutive Premier League away games. "We love super Lopetegui," the Molineux crowd sang to their Spanish manager Julen Lopetegui, who took over in November charged with saving Wolves' Premier League status. Wolves' boss was thrilled with the performance but cautioned his team still had plenty of work to ensure safety.

☆ M&M’S says its taking a ‘pause’ from polarizing spokescandies
▼ + stars: | 2023-01-23 | by ( Danielle Wiener-Bronner | ) edition.cnn.com time to read: +3 min

“In the last year, we’ve made some changes to our beloved spokescandies,” the chocolate candy brand said in a statement Monday. The Green M&M, pre-makeover, is seen here in her go-go boots. Anthony Behar/Sipa USA/AP“[Rudolph] will serve as the brand’s new spokesperson, allowing the colorful cast of M&M’S spokescandies to step away and embrace a new path to pursue other passions,” An M&M’S spokesperson told CNN in an email. A petition to “keep the green M&M sexy” garnered over 20,000 signatures. Purple was recently deployed as part of a limited-edition pack of purple, brown and green M&M’S — the colors of the female spokescandies — in honor of International Women’s Day.

NEW YORK, Jan 13 (Reuters) - The U.S. Department of Justice forcefully rejected Bill Hwang's claim that it sandbagged him by concealing its plan to charge him with fraud over the collapse of his $36 billion Archegos Capital Management LP. In a Thursday night filing in Manhattan federal court, prosecutors said there was no basis to grant Hwang's motion to dismiss his indictment because of prosecutorial misconduct prior to his April 27, 2022, arrest. "Hwang's motion is predicated on a series of inflammatory claims about the government's conduct that are entirely baseless," prosecutors said. Archegos collapsed in March 2021 after failing to meet margin calls following trades through so-called total return swaps. In a separate Thursday night filing, prosecutors rejected the defendants' claims that they committed no crimes because Archegos' trading was legal.

☆ The FTC's proposed ban on noncompete agreements could create a world of opportunity for entrepreneurs
▼ + stars: | 2023-01-12 | by ( Jennifer Ortakales Dawkins | ) www.businessinsider.com time to read: +4 min

The Federal Trade Commission proposed a nationwide ban on noncompete agreements in early 2023. If approved, the ban could help many aspiring entrepreneurs start businesses. If approved, the ban would affect one out of five US workers and could create more opportunities for entrepreneurs, according to the FTC. Banning noncompetes is just one of the policy changes that Right to Start has campaigned for at the state level. "We actually are getting ready for a significant wave of Right to Start Acts across the country this year," Hwang said.

☆ M&M’s new packaging sparks ‘culture war’ outrage
▼ + stars: | 2023-01-10 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +3 min

New York CNN —M&M’S is making a statement with its latest candy pack, which features an all-female set of characters — including Purple, its newest addition. Purple, the “spokescandy” announced last year (and the first new M&M’S character in a decade), is a purple peanut M&M. An all-female M&M pack is now on sale. The all-female pack quickly sparked “culture wars” outrage on right-wing media, notably at Fox News. “Now we know for certain that M&M’S is a cultural icon.”M&M’S has no plans to restore Green’s look.

☆ Why North Korea’s missile tests are going higher and further
▼ + stars: | 2022-12-20 | by ( ) www.reuters.com time to read: +14 min

North Korea missiles Stronger, faster, higher North Korea has made steady progress in expanding its missile programme, developing weapons that can strike across the globe - or hit critical targets closer to home. North Korea has forged ahead in developing ballistic missiles, testing new capabilities, honing existing weapons and putting them into service. Like most North Korean long-range ballistic missile tests, both ICBMs were fired on lofted trajectories. Trajectories of some of North Korea’s long-range missile testsNuclear warheads South Korea and the United States have warned since early 2022 that North Korea may resume nuclear testing for the first time since 2017. Same missiles, different locationsAmong North Korea's ballistic missiles, SRBMs appear to be the most likely to be deployed, Panda said.

In March and November, North Korea sent ballistic missiles soaring more than 6,000 km (3,700 miles) into space. Although long-range weapons get more attention, North Korea has been pouring resources into shorter-range systems too, analysts say. South Korea and the United States have warned since early 2022 that North Korea may resume nuclear testing for the first time since 2017. More mundane technology such as rocket fuel is also undergoing intense testing in North Korea. On Dec. 16, scientists in North Korea tested what they called a “high-thrust” solid-fuel motor that appeared aimed at perfecting a large engine for an ICBM.

☆ Factbox: 10 memorable impressions from the Qatar World Cup
▼ + stars: | 2022-12-17 | by ( ) www.reuters.com time to read: +5 min

SAUDI ARABIA STUN ARGENTINAArgentina were cruising in their opening Group C game after Lionel Messi scored a first-half penalty. RONALDO EXITS FINAL WORLD CUP IN TEARSPortugal's talisman became the first male player to score in five World Cups with a penalty against Ghana. FIRST FEMALE REFEREE AT A MEN'S WORLD CUPFrenchwoman Stephanie Frappart was handed control of Germany's final Group E clash against Costa Rica, becoming the first female referee to officiate at a men's World Cup. Costa Rica coach Luis Fernando Suarez described it as a big step forward in 'sexist sport' and the 39-year-old Frappart produced a calm and assured display in Germany's victory. Germany needed a win over Costa Rica and for Spain to beat Japan to go through as runners-up, and at halftime that was exactly what was happening.

☆ The US may have lost in the World Cup, but soccer is more popular than ever in America
▼ + stars: | 2022-12-12 | by ( Harry Enten | ) edition.cnn.com time to read: +36 min

The Atlas Lions made history as the first African team to reach a World Cup semifinal. They made history as the first all-female refereeing crew for a men's World Cup match. It was Morocco's first World Cup win since 1998 — and its third-ever at the tournament. Less spoken about is that they also rate better on television than the men do in the World Cup. We’ll just have to wait and see, though with the US, Canada and Mexico hosting the 2026 World Cup, soccer isn’t going away anytime soon.

Seoul, South Korea CNN —South Koreans are about to get a year or two younger, thanks to a new law passed on Thursday that aims to standardize how age is calculated in the country. In South Korea, a person’s “international age” refers to the number of years since they were born, and starts at zero – the same system used in most other countries. Born on December 31, 1977, he is considered 44 by international age; 45 by calendar year age; and 46 by Korean age. The law passed Thursday will standardize the use of international age across all “judicial and administrative areas,” according to the parliament website and documents related to the bill. “The state and local governments shall encourage citizens to use their ‘international age’ and conduct necessary promotion for that,” it says.

☆ Shocks aplenty but Asia again unrepresented at business end
▼ + stars: | 2022-12-06 | by ( Nick Mulvenney | ) www.reuters.com time to read: +4 min

DOHA, Dec 6 (Reuters) - Asia will again be unrepresented in the World Cup quarter-finals but several upset wins and vibrant displays have many in the continent feeling that the gap to the best teams is closing. Japan, South Korea and Australia made it out of the group stage for a record representation in the last 16 but none were able emulate the 2002 Taegeuk Warriors and the North Korean side of 1966 by making the quarter-finals. All the people that are involved in the football in Asia as well as Japan I think can share our happiness." Of all the success for the Asian confederation sides, Australia's progressing to the last 16 was perhaps the most surprising given they had scraped into the tournament via two playoffs. "I do believe that Asian football is getting stronger and stronger and stronger, and we're catching up quickly."

“Spoiler Alert” opened in U.S. theaters Dec. 2. “Women Talking” opened in select U.S. theaters Dec. 2. “The Whale” opens in U.S. theaters Dec. 9. “Babylon” opens in U.S. theaters Dec. 23. “I Wanna Dance With Somebody” opens in U.S. theaters Dec. 23.

☆ Neymar and Danilo back with Brazil against South Korea
▼ + stars: | 2022-12-05 | by ( ) www.reuters.com time to read: +1 min

DOHA, Dec 5 (Reuters) - Brazil forward Neymar will start for the five-times champions in their World Cup last-16 match against South Korea on Monday after recovering from an ankle injury. Full back Danilo was also cleared to play and will start on the left side of defence, as both Alex Sandro and Alex Telles were ruled out by injuries. Centre back Eder Militao, who replaced Danilo at right back against Switzerland, will play against South Korea in the same role. Brazil: Alisson; Eder Militao, Thiago Silva (captain), Marquinhos, Danilo, Casemiro, Lucas Paqueta, Neymar, Vinicius Jr., Raphinha, Richarlison. South Korea: Kim Seung-gyu, Kim Moon-hwan, Kim Min-jae, Kim Young-gwon, Kim Jin-su, Lee Jae-sung, Jung Woo-young, Jeong Woo-yeong, Hwang In-beom, Son Heung-min (captain), Hwang Hee-chan, Cho Gue-sung.

☆ Brazil dances its way into World Cup quarterfinals thanks to dazzling display against South Korea
▼ + stars: | 2022-12-05 | by ( Matias Grez | ) edition.cnn.com time to read: +7 min

CNN —Brazil danced its way past South Korea and into the World Cup quarterfinals on Monday, sweeping aside its opponent 4-1 in a dazzling performance at Qatar 2022. Brazil players hold a banner showing support for Pele. South Korea, meanwhile, has impressed in reaching the round of 16, coming through a difficult group that included Portugal, Ghana and Uruguay. Michael Steele/Getty ImagesHee-Chan Hwang did force Alisson into a wonderful one-handed save soon after the penalty, but that was the closest South Korea came to scoring in the first half. This game was already long over as a contest, but it was now in danger of turning into a humiliating night for South Korea, if it hadn’t already.

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