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☆ An OpenAI mystery: YouTube videos, Google throttling, and AI training data.
▼ + stars: | 2024-03-18 | by ( Alistair Barr | Ashley Stewart | ) www.businessinsider.com time to read: +5 min

Read previewThe AI community assumes that OpenAI uses vast quantities of YouTube videos to train models, including its new Sora offering. The mystery is how OpenAI accesses enough YouTube content to make this work. Business Insider asked OpenAI whether it has downloaded YouTube videos at scale and whether the startup uses this content as data for AI model training. Google, OpenAI, and other tech companies are currently arguing that using copyrighted content for AI model training is also legal. And when pressed again about sources of training data, Murati replied, "I'm not going to go into the details."

Persons: —, OpenAI, Mira Murati, Sora, I'm, Murati, Axel Springer, Ashley Stewart Organizations: Service, YouTube, Business, Google, Microsoft, Street

☆ Formed in the Cold War, former members of Germany’s Red Army Faction are now fugitives
▼ + stars: | 2024-03-17 | by ( Sophie Tanno | ) edition.cnn.com time to read: +9 min

CNN —German authorities have been tracking down the former members of the Red Army Faction (RAF), a now-defunct Cold War-era militant group, who have been on the run for nearly 30 years. The RAF, he said, emerged in what was then West Berlin, at the “crossroads” of the Cold War. The first, and most prominent period from 1970-1977, saw the group murder public officials and US soldiers and take many hostages. In April 1975, six RAF members seized the West German Embassy in Stockholm in a hostage standoff with the goal of forcing the release of imprisoned RAF members. The Red Army Faction claimed responsibility for the assassination, but the perpetrators were never brought to justice.

Persons: Baader, –, Jürgen Ponto, Siegfried Buback, Daniela Klette, Burkhard Garweg, Ernst, Volker Staub, Klette, Claudia Ivone, Garweg, Staub, pouncing, ”, Ivone, Wolfgang Kraushaar, Kraushaar, Axel, Andreas Baader, Ukrike Meinhof, Meinhof, ” Kraushaar, Helmut Schmidt, Franz Josef Strauss, Axel Springer, Springer, Alfred Herrhausen, Willy Brandt Organizations: CNN, Red Army Faction, RAF, East, Stasi, Dresdner Bank, Germany’s Public, Office, Police, ARD, ” Reuters, Bild, Red Brigades, Nihon, Springer, Criminal Police, West German Embassy, West, Meinhof Group, Reuters, Democratic, Deutsche Bank Locations: Berlin, West Germany, Kreuzberg, Bonn, Weiterstadt, German, Italy, Japan, West Berlin, Vietnam, Lower Saxony, Stockholm, Bavarian, Cologne, GDR, Democratic Republic

☆ Remote Island near Antarctica overrun with a million mice that eat rare seabirds
▼ + stars: | 2024-03-17 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +3 min

The Mouse-Free Marion project plans to eradicate the rodents with rodenticide. They've got to all sorts of places," Anton Wolfaardt, the Mouse-Free Marion project manager, told The AP. Conservationists on Marion Island photographed a mouse sitting on the bloodied head of a wandering albatross chick feeding. "Marion Island's seabirds are members of a regional seabird community innately connected to the functioning and health of the sub-Antarctic region," he said. There are estimated to be over a million mice on Marion Island, The AP report said.

Persons: —, Prince Edward Islands, They've, Anton Wolfaardt, Marion, Wolfaardt, Keith Springer Organizations: Marion, Service, Associated Press, AP, BirdLife International, Guardian Locations: Marion Island, Antarctica, Cape Town , South Africa, Marion, South Africa

☆ OpenAI strikes deals with more major news publishers, posing a threat to Google's dominance
▼ + stars: | 2024-03-16 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +6 min

The ChatGPT maker announced this week it had struck partnerships with two major European media organizations: France's Le Monde and Spain's Prisa Media. This story is available exclusively to Business Insider subscribers. This is a "threat" to GooglePublishers who've signed agreements with OpenAI say they hope the partnerships will bring new life to their business. By wooing users with a better interface, OpenAI could threaten Google's dominance over online search, Zaman said. OpenAI did not immediately respond to a request for comment from Business Insider.

Persons: —, OpenAI, Brad Lightcap, Axel Springer, Roger Lynch, Condé Nast, Google Publishers who've, Le Monde, Tauhid Zaman, Zaman, Hugh Martin Organizations: Service, Prisa, Business, Politico, CNN, Fox Corp, Bloomberg, ChatGPT, Yorker, Wired, The New York Times, Microsoft, Google Publishers, Google, Facebook, Media, Yale School of Management, Publishers, Scripps School of Journalism, Ohio University Locations: OpenAI

☆ We asked ChatGPT and Claude to analyze Biden's cognitive abilities based on the Joe Biden-Robert Hur transcript. Their verdict: the president is doing fine.
▼ + stars: | 2024-03-15 | by ( Aaron Mok | ) www.businessinsider.com time to read: +5 min

Read previewPresident Joe Biden's cognitive abilities may be better than some say they are — at least according to two AI chatbots. Some who analyzed it said Hur's claims about Biden's memory issues were overstated. And both chatbots' verdicts were that Biden's cognitive abilities are just fine. "These aspects are essential indicators of cognitive abilities and suggest that he could perform cognitively demanding tasks during the interview." AdvertisementWhen it came to Biden's memory, ChatGPT found that he displayed memory recall by describing interactions and processes related to handling classified documents with context.

Persons: —, Joe Biden's, Robert Hur, Hur, Biden, Beau, Beau died, Claude Pro, ChatGPT, Claude, Anthropic, didn't, Axel Springer Organizations: Service, Business, CNET

☆ Top websites block Google from training AI models on their data. Nowhere near as much as OpenAI, though.
▼ + stars: | 2024-03-14 | by ( Hugh Langley | ) www.businessinsider.com time to read: +4 min

Google launched a new tool that lets publishers opt out of training Google's AI models. It turns out that all this content has been stored in datasets that are the foundation for training powerful AI models, including those from OpenAI, Google, Meta, and others. Part of Google's response has been to launch a new tool that lets websites block the company from using their content for training AI models. BI asked Originality.ai CEO Jonathan Gillham why Google-Extended is being used less than other AI training data-blockers. It's unclear if the company will launch this fully in the future, or how much different it will be from the traditional Google search engine.

Persons: —, There's, Robots.txt, Jonathan Gillham, Gillham, Axel Springer Organizations: Google, Service, New York Times, CNN, BBC, Business Locations: Chicago

☆ Palantir CEO Alex Karp says he loves 'burning the short-sellers' who bet against 'great companies' to fund their cocaine habits
▼ + stars: | 2024-03-14 | by ( George Glover | ) www.businessinsider.com time to read: +2 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. This story is available exclusively to Business Insider subscribers. Goldman Sachs, Barclays, and Ken Griffin's hedge fund Citadel are among the names who've bet against Karp's company, per MarketBeat. Karp also acknowledged in his CNBC interview that some Palantir staff had left due to its vocal support for Israel. Disclosure: Palantir Technologies CEO Alexander Karp is a member of Axel Springer's shareholder committee.

Persons: —, Palantir, CNBC's, Alex Karp, who'd, Karp, Goldman Sachs, Ken Griffin's, We've, it's, Peter Thiel —, Alexander Karp, Axel Springer's, Axel Springer Organizations: Service, Business, US Army, Refinitiv, Barclays, Citadel, CNBC, Israel, Hamas, Palantir, Insider Inc Locations: Tel Aviv, Israel

☆ The CEO of Palantir says he expects to keep losing employees over the company's support for Israel
▼ + stars: | 2024-03-14 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +3 min

The CEO of Palantir said the company has lost employees due to its support of Israel. AdvertisementPalantir CEO Alexander Karp said the company has lost employees due to its public support for Israel. "We've lost employees. I'm sure we'll lose employees," Karp said in an interview with CNBC's " Money Movers " on Wednesday. From my perspective it's not just about Israel," Karp told CNBC on Wednesday.

Persons: Palantir, —, Alexander Karp, We've, Karp, CNBC's, it's, Google Israel, Axel Springer's, Axel Springer Organizations: Service, Israel, Israeli Ministry of Defense, CNBC, Hamas, Apple, Google, Microsoft, BlackRock, Wired, Business Insider, Palantir, Insider Inc, Business Locations: Israel, Tel Aviv, Ukraine, Gaza

☆ Rift between Biden and Netanyahu widens as Israeli leader vows to press on with Rafah operation
▼ + stars: | 2024-03-11 | by ( Nadeen Ebrahim | ) edition.cnn.com time to read: +5 min

“It is a red line, but I am never going to leave Israel,” Biden said. We’re not going to leave (Gaza),” Netanyahu said Sunday in an interview with German outlet Axel Springer. “You know, I have a red line. “It (Israel) cannot have 30,000 more Palestinians dead,” Biden told MSNBC Saturday. Asked about the moment, Biden told MSNBC the comment meant he intends to have a serious meeting soon with Netanyahu.

Persons: Joe Biden, Benjamin Netanyahu, Biden, Netanyahu, Israel ”, Israel, “, ” Netanyahu, ” Biden, “ We’ll, We’re, Axel Springer, Kamala Harris, ”, Bibi –, Antony Blinken, Michael Bennett, Bibi Organizations: CNN, Israeli, MSNBC, Politico, Israel, Sunday, US, Gaza Ministry, Health, Michigan Democratic Locations: Gaza, Israel, Rafah

☆ It's no wonder why 'Zone of Interest' earned 2 Oscars. It showed us the Holocaust like never before.
▼ + stars: | 2024-03-11 | by ( Mathias Döpfner | ) www.businessinsider.com time to read: +10 min

The images and sounds from A24's "Zone of Interest," which has earned a little over $24 million at the global box office, have haunted me since that weekend. AdvertisementUnlike most Holocaust films, Jonathan Glazer, the director of "The Zone of Interest," tells the story from the perpetrators' — and thus the murderers' — perspective. More precisely, he tells the story of Rudolf Höss, the camp commander of Auschwitz, one of the worst criminals of National Socialism. 'Zone of Interest' perfectly captures a life with no loveA still from "The Zone of Interest." Shortly after the meeting, the Höss family once again goes swimming in the river.

Persons: Axel Springer, Mathias Döpfner, Jonathan Glazer, —, Palme, Martin Amis, Rudolf Höss, Hedwig Höss, Rudolf, it's Rudolf Höss, Christian Friedel, Sandra Hüller, loveless, Hedwig, It's, Kurt Prüfer, Fritz Sander, Höss, Nora Mattaliano, Glazer, Queen, Mica Levi, resound, Höss strolls, Hannah Arendt, Eichmann Organizations: Service, Höss, Wannsee Conference, Holocaust, Museum Locations: WELT, Cannes, Auschwitz, Erfurt, Euphemistic, Berlin, Polish, Washington

☆ Microsoft insiders worry the company has become just 'IT for OpenAI'
▼ + stars: | 2024-03-11 | by ( Ashley Stewart | ) www.businessinsider.com time to read: +3 min

Some Microsoft insiders worry the company's AI strategy has become too focused on its partnership with OpenAI. Insiders say Microsoft is focused less on the internal services that previously made up Azure AI Services and more on the Azure OpenAI service. The Azure OpenAI service has hundreds of developers supporting customers of Microsoft's Azure cloud service who use OpenAI's GPT models. Some Microsoft employees work so closely with OpenAI that they have badges to get into OpenAI's offices, and some OpenAI employees can badge into Microsoft locations. Axel Springer, Business Insider's parent company, has a global deal to allow OpenAI to train its models on its media brands' reporting.

Persons: Eric Boyd, Scott, That's, Frank Shaw, Shaw, Ashley Stewart, Axel Springer Organizations: Microsoft, OpenAI, Business, AI Services, AI Bot

☆ US not anticipating Israeli forces to enter Rafah at the start of Ramadan
▼ + stars: | 2024-03-10 | by ( Mj Lee | Alex Marquardt | ) edition.cnn.com time to read: +4 min

CNN —The Biden administration is not anticipating that Israeli forces will imminently expand their military operations into Rafah, two US officials told CNN, with the holy month of Ramadan set to begin Monday for most Muslims. Prime Minister Benjamin Netanyahu has said that regardless of a deal, he plans to send the military into Rafah. “Once we begin the intense action of eradicating the Hamas terrorist battalions in Rafah, it’s a matter of weeks, if not months. Families are already living with severe shortages of food, water, medicine and shelter, and the daily risk of being killed. CIA Director Bill Burns, who has led US efforts, was back in the Middle East last week meeting with Qatari, Egyptian and Israeli counterparts.

Persons: CNN —, Biden, Benny Gantz, Ramadan, Benjamin Netanyahu, “ We’ll, We’re, ” Netanyahu, Axel Springer, “, Joe Biden, ” Biden, Netanyahu, ”, Bill Burns, –, John Kirby, CNN’s Mitchell McCluskey, Michelle Shen Organizations: CNN, Hamas, MSNBC, Politico, United Nations, CIA, Biden White, National Security, House Locations: Rafah, Washington, Gaza, “, it’s, Israel

☆ Netanyahu Says at Least 13,000 'Terrorists' Among Palestinians Killed
▼ + stars: | 2024-03-10 | by ( March | At P.M. | ) www.usnews.com time to read: +2 min

The Gaza health ministry does not break down the death toll between civilians and Hamas militants but has said that 72% of those killed were women and children. So there's no red line (in which) I'm going to cut off all weapons so they don't have the Iron Dome to protect them." Politico quoted Netanyahu as saying on Sunday that Israeli forces would push into Rafah, adding: "You know, I have a red line. You know what the red line is, that October 7 doesn't happen again. Three quarters of Hamas battalions had been destroyed and halting the offensive now would only allow them to regroup, Bild quoted Netanyahu as saying.

Persons: Benjamin Netanyahu, Joe Biden, Netanyahu, Axel Springer, Biden, I'm, Politico, Bild, Ludwig Burger, Michelle Nichols, Giles Elgood, Sandra Maler Organizations: Hamas, Welt, Bild, MSNBC Locations: FRANKFURT, Gaza, U.S, Israel, German, Rafah

☆ Google confirmed it 'terminated' an employee who staged a protest against Israel at a tech event
▼ + stars: | 2024-03-09 | by ( Kenneth Niemeyer | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewA Google engineer who publicly protested a talk by the head of Google Israel is now out of a job. Google did not immediately return Business a request for comment from Business Insider on Saturday. Google workers have previously voiced their concerns over fears that Israel could use the contract to support its military. Google workers also flooded the company's employee message board with comments about Project Nimbus on Thursday, CNBC reported.

Persons: —, Barak Regev, Regev, Ariel Koren, Sundar Pichai, Axel Springer Organizations: Service, Google, Business, CNBC, Tech, Nimbus, YouTube, Austin City Council Locations: New York City, Israel, Google's, York

The Dells contributed nearly $976 million to their charitable funds, which distribute gifts to a wide array of charities. Together, the 50 donors on the list contributed a total of $11.9 billion to charity in 2023. Only 23 of the richest Americans on the Forbes 400 list donated enough to appear on the Philanthropy rankings. 13 on the list, they contributed $210 million to the Institute for Protein Innovation, which shares its data with scientists for free. _____Maria Di Mento is a senior reporter and Jim Rendon is a senior writer at the Chronicle of Philanthropy, where you can read the full article.

Persons: Michael Bloomberg, Phil Knight, Penny, Michael Dell, Susan, Bill Gates, Melinda French Gates, Bernie Marcus, Ken Langone, Arthur Blank, “, ”, Renee Kaplan, — Franklin Antonio, Hugh Hoffman, —, Tim Springer, Chafen Lu, Diego’s Jay Kahn, Lauder, Sergey Brin’s, Michael J, Robert Kraft, Lucia Woods, David, Kathleen LaCross, Pierre Omidyar, Pam, They’re, John, Laura Arnold, Laura, ” Laura Arnold, Wendy Schmidt, Eric Schmidt, “ Younger, Kaplan, Jeff Sobrato, _____ Maria Di Mento, Jim Rendon, Kay Dervishi Organizations: New, New York City, Nike, Bloomberg, Knights, University of Oregon, Dells, Forbes, Forward, Qualcomm, Summer Science, SETI Institute, ALS Association , University of Cincinnati Foundation, Cincinnati Zoo, Botanical, Nature Center, Yale University, Institute for Protein Innovation, Price Club, Apple, San Diego Foundation, Discovery Foundation, Google, Fox Foundation, Parkinson’s Research, New England Patriots, Foundation, Combat, Ms, Foundation for Women, Chicago Foundation for Women, University of Virginia Darden School of Business, eBay, District of Columbia, Associated Press, Philanthropy Locations: New York, Portland , Oregon, Ohio, Moderna, California, Florida, Texas, Virginia, Washington, Hawaii, Massachusetts

☆ OpenAI's legal headaches are adding up
▼ + stars: | 2024-03-01 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +3 min

Even as it promises to disrupt the economy, OpenAI's legal headaches are adding up. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementOn Wednesday, The Wall Street Journal reported that the Securities and Exchange Commission was investigating whether OpenAI misled investors. AdvertisementIn December, The New York Times filed a suit against OpenAI and Microsoft, alleging Times articles had been used to train chatbots. In July, the FTC also began investigating OpenAI over data and privacy concerns to determine whether the company was in violation of consumer-protection laws.

Persons: Elon Musk, OpenAI, —, Tesla, Musk, Sam Altman, Jonathan Franzen, John Grisham, George R.R, Martin, That's, Sora, Axel Springer Organizations: SEC, Service, Microsoft, Street Journal, Securities and Exchange Commission, The New York Times, OpenAI, Times, Federal Trade Commission, FTC, Google, Business Locations: OpenAI

☆ How Google lost its way
▼ + stars: | 2024-02-29 | by ( Hugh Langley | Lara O'Reilly | ) www.businessinsider.com time to read: +17 min

Just two months after Google launched Gemini, its flashy new AI model, the company revealed that it had already built a better version. AdvertisementThen, days later, Google scrambled to explain why its image generation tool spit out racially inaccurate depictions of historical figures. Users have long bemoaned — and researchers recently found — a decline in the quality of Google Search results. The fact that Google is not far and away the self-driving-car leader, it's, like, a total joke," the former Google director said, adding that the problem of Google's lost supremacy is "maybe impossible to solve, frankly." Google now is reminiscent of the Steve Ballmer-era Microsoft, which missed the smartphone, search, and cloud waves and was overtaken by Apple, Google, and Amazon.

Persons: OpenAI, Sora, Sam Altman, Sundar Pichai's, Pichai, —, Larry Page, Sergey Brin, Lea Suzuki, Getty Brin, Page, Google, Googlers, Axel Springer, Diane von Furstenberg, Giovanni Giannoni, Michael Avrukin, Vuk Valcic, wouldn't, Patrick Mork, Eric Lehman, Lehman, ChatGPT, Caesar Sengupta, Sengupta, Alexa, Google's, Steve Ballmer, Satya Nadella, Hugh Langley, Lara O'Reilly Organizations: Google, Hollywood, Industry, San Francisco Chronicle, Business, Penske Media, Microsoft, Amazon, The New York Times, Oracle, YouTube, Apple, IBM, Meta Locations: Silicon Valley, Silicon, —

☆ Stocks making the biggest moves midday: Bumble, Beyond Meat, eBay, Urban Outfitters and more
▼ + stars: | 2024-02-28 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +5 min

Beyond Meat reported fourth-quarter revenue of $73.7 million, versus the $66.7 million consensus estimate, per LSEG, formerly known as Refinitiv. First Solar — Shares added more than 3% after the solar panel manufacturer reported a fourth-quarter earnings beat . Urban Outfitters — The clothing retailer plunged 15% after missing estimates for its fourth-quarter earnings and revenue. Axon Enterprise — The weapons manufacturer popped 14% after reporting a fourth-quarter earnings beat. Novavax — The vaccine maker slid 27% after Novavax missed Wall Street's estimates for its fourth-quarter revenue and earnings .

Persons: Bumble —, Bumble, FactSet, Lemonade, Viatris, LSEG, —, Novavax, Axel Springer, Schibsted, — CNBC's Brian Evans, Michelle Fox, Alexander Harring, Pia Singh, Samantha Subin Organizations: Advance, FactSet, eBay, Baidu, U.S . Securities, Exchange Commission, Attorney's, District of Massachusetts, Materials, Urban Outfitters, Boeing —, Federal Aviation Administration, Boeing, Alaska Airlines, Street, Justice Department Locations: U.S, China

☆ Google hit with $2.3 billion lawsuit by Axel Springer, other media groups
▼ + stars: | 2024-02-28 | by ( ) www.cnbc.com time to read: +2 min

The Google corporate logo hangs outside the Google Germany offices on August 31, 2021 in Berlin, Germany. Alphabet 's Google was hit with a 2.1-billion-euro ($2.3 billion) lawsuit by 32 media groups including Axel Springer and Schibsted on Wednesday, alleging that they had suffered losses due to the company's practices in digital advertising. "Without Google's abuse of its dominant position, the media companies would have received significantly higher revenues from advertising and paid lower fees for ad tech services. Crucially, these funds could have been reinvested into strengthening the European media landscape," the lawyers said. Others in the group include Austria's Krone, Belgian groups DPG Media and Mediahuis, Denmark's TV2 Danmark A/S, Finland's Sanoma, Poland's Agora, Spain's Prensa Iberica and Switzerland's Ringier.

Persons: Axel Springer, Schibsted, Stek, Big, Austria's, Finland's Organizations: Google, Geradin Partners, Publishers, DPG Media, Denmark's TV2, Spain's Prensa Locations: Berlin, Germany, Austria, Belgium, Bulgaria, Czech Republic, Denmark, Finland, Hungary, Luxembourg, Netherlands, Norway, Poland, Spain, Sweden, Europe, Austria's Krone

☆ Alphabet's Gemini AI misstep is the latest reason Cramer is getting fed up with the stock
▼ + stars: | 2024-02-28 | by ( Paulina Likos | ) www.cnbc.com time to read: +8 min

Jim thinks Google has lost focus as it struggles to shake off the narrative that it's lagging in the AI race. With all these things lining up against Google, Jim has been becoming increasingly wary of the stock. Even though Alphabet stock keeps getting dinged for AI misses, Bernstein analysts "don't subscribe to the generative AI risk to Google Search" for now. At the Club, we believe Google's AI chatbot Gemini could be competitive in attracting users, but the advertising opportunity may not be the same. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Jim Cramer, Sundar Pichai, Pichai, Jim, Google, Bard, Gemini —, —, Axel Springer, they're, Bernstein, playbook, Meta, haven't, Jim Cramer's Organizations: Google, Apple, Microsoft, Nvidia, Tesla, The Club, Politico, U.S, Club, NFL, YouTube, National Football League, Management, Sunday, Meta, Walmart, CNBC, Future Publishing, Getty Locations: U.S

"Normal people do not use OpenAI's products in this way," OpenAI wrote in the filing. The news outlet's lawsuit, filed in December, seeks to hold Microsoft and OpenAI accountable for billions of dollars in damages. In the past, OpenAI has said it's "impossible" to train top AI models without copyrighted works. "We expect our ongoing negotiations with others to yield additional partnerships soon," OpenAI wrote in the filing. But in the filing, OpenAI says the content is vital to training today's AI models.

Persons: Sam Altman, OpenAI, Altman, Axel Springer, — CNBC's Ryan Browne Organizations: Economic, The New York Times, New York Times, Microsoft, House, Times, Bloomberg, CNN, Fox Corp, CNBC PRO Locations: Davos, Switzerland, Manhattan

☆ An abrupt exit at a Goldman Sachs-backed crypto bank spotlights the industry's tug-of-war with regulators
▼ + stars: | 2024-02-26 | by ( Rebecca Ungarino | ) www.businessinsider.com time to read: +13 min

Read previewWhen the chief executive of cryptocurrency startup Anchorage Digital posted a message in the company's "announcements" Slack channel in late November about an executive's departure, employees started buzzing. Just over a year after it received the charter, the OCC issued a consent order against Anchorage in April 2022. Regulators are aggressively scrutinizing crypto players and prioritizing monitoring crypto compliance. Regulators' viewThe OCC is now led by Michael Hsu, the former Federal Reserve regulator and self-described crypto skeptic who has viewed crypto companies' regulatory compliance in some areas as inadequate. A crypto bank would face risks in safeguarding digital assets in its custody, maintaining appropriate hedges in crypto-lending, and adhering to capital requirements specific to crypto assets, said Kim, who studies crypto and blockchain technology.

Persons: —, Georgia Quinn, Nathan McCauley's, McCauley, Goldman Sachs, Andreessen Horowitz, Quinn, Brian Brooks, CoinDesk, Oliver Wyman, FTI, Brooks, Michael Hsu, Hsu, Evelyn Hockstein, Mark duBose, Seoyoung Kim, University's, Kim, Diogo Mónica, Axel Springer, Mark McCombe, Max Levchin, BNY, Seyfarth Shaw, Ellenoff Grossman, it's Organizations: Service, Anchorage, Business, Citadel Securities, Apollo Global Management, Visa, OCC, Regulators, Securities, Exchange, IBM, KPMG, Anchorage Digital Bank National Association, Federal Reserve, Reuters, Business Insider, Santander Bank, University's Leavey School of Business, KKR, BlackRock, BNY Mellon Locations: Anchorage, United States, Santa, San Francisco, Portugal

☆ Why it’s so hard to find an apartment you can afford
▼ + stars: | 2024-02-19 | by ( Anna Bahney | ) edition.cnn.com time to read: +7 min

Washington, DC CNN —Finding a new apartment to rent can be a slog. In New York City, the rental vacancy rate, which is the share of habitable unoccupied units, has dropped to a record low 1.4%. In Boston, the rental vacancy rate was a very tight 2.6% at the end of last year, according to the Census Bureau. However, the most recent vacancy rate is also lower than the more typical 3.6% from prior to the pandemic. In the fourth quarter of 2023, the rental vacancy rate was 6.6%.

Persons: Maria Torres, ”, Orphe Divounguy, “, that’s, Lawrence Yun, Yun Organizations: DC CNN, New York City Department of Housing Preservation, Development, Census, New York City, Springer, Real Estate Investment Services, Joint Center for Housing Studies of Harvard University, National Association of Realtors Locations: Washington, Northeastern, New York, Boston, New York City, Yorker, Manhattan, Northeast, Southern, Austin , Texas

LAS VEGAS (AP) — A man who leaped over a judicial bench and attacked a Nevada judge during a sentencing hearing in Las Vegas last month that was captured in a courtroom video that went viral has now been indicted for attempted murder. A grand jury returned the nine-count indictment against Deobra Redden, 30, in Las Vegas on Thursday. Clark County District Court Judge Mary Kay Holthus was about to deliver Redden’s sentence in an attempted battery case on Jan. 3 when he lunged over the bench at her. A week later Judge Holthus sentenced him to up to four years in prison for the battery charge he had pleaded guilty to in November. Clark County District Attorney Steve Wolfson said at the time that Redden’s adult criminal history included convictions for three felonies and nine misdemeanors, mostly involving violent acts.

Persons: Deobra Redden, Mary Kay Holthus, Holthus, Redden, ” He’s, Redden’s, Karen Springer, LaDonna Daniels, Steve Wolfson Organizations: LAS VEGAS, Clark Locations: Nevada, Las Vegas, Clark County, Las

PHILADELPHIA (AP) — Philadelphia 76ers team president Daryl Morey expressed optimism on Friday that reigning NBA MVP Joel Embiid would return from a knee injury in time for a possible postseason run. “We're hopeful,” Morey said before the 76ers hosted the Atlanta Hawks and three days after Embiid underwent surgery on his left knee. The initial report from the 76ers said that Embiid would be “re-evaluated” in four weeks. Morey declined to describe the exact procedure that Embiid had, which would have provided a clue to the significance of the injury. “Our priority was to get a big, but we wanted to add to our playoff rotation this year,” Morey said.

Persons: Daryl Morey, Joel Embiid, “, ” Morey, Embiid, Joel, ”, Morey, Jonathan Kuminga, Paul Reed, Buddy Hield, Cameron Payne, Patrick Beverley, Furkan Kourkmas, Jaden Springer, Marcus Morris Sr, Hield, Tyrese Maxey, Payne, Maxey, ___ Organizations: PHILADELPHIA, — Philadelphia 76ers, NBA, 76ers, Atlanta Hawks, Golden State, Philadelphia, Milwaukee, Hawks Locations: Danuel, Boston, Philadelphia

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