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☆ Dollar scales fresh peaks as Fed cut bets recede
▼ + stars: | 2024-02-05 | by ( ) www.cnbc.com time to read: +3 min

"A one-two punch from Jay Powell's FOMC presser and a very strong nonfarm payrolls report have essentially closed the door on a March rate cut," said Chris Weston, head of research at Pepperstone. The Japanese yen was last 0.15% lower at 148.58 per dollar, having hit a trough of 148.82 earlier in the session. Treasury yields also jumped on expectations of higher-for-longer U.S. rates, with the two-year yield, which typically reflects near-term interest rate expectations, last up nearly seven bps at 4.4386%. That did little to help the yuan, with the offshore yuan last marginally lower at 7.2182 per dollar, pressured by a stronger greenback. "So far we've just seen speculation and some media reports talking about further support for the equity market or the property market.

Persons: Jerome Powell's, Jay Powell's FOMC presser, Chris Weston, Powell, Carol Kong, CBA's Organizations: Federal Reserve, New, Traders, Fed, CBS, Sterling, Commonwealth Bank of Australia, Treasury Locations: Buenos Aires, Argentina, New Zealand

☆ Exclusive-Eisai Expects 1,500 Alzheimer's Patients in China Launch, Sees ‘Huge’ Growth
▼ + stars: | 2024-02-04 | by ( Feb. | At P.M. | ) www.usnews.com time to read: +5 min

“China is one of the fastest-aging countries in the world and is one of the most important countries in the area of Alzheimer’s disease for Eisai,” a company spokesperson said. “The potential growth for Leqembi in China is huge.”Eli Lilly, which is developing a similar treatment called donanemab, told Reuters it has filed for approval in China. The Indianapolis-based company is now testing its drug in a 1,500-person trial with volunteers in China, Taiwan, South Korea and the EU, a spokesperson said. Leqembi, which works by removing a toxic protein called beta amyloid from the brain, is the first Alzheimer's treatment proven to alter the course of the fatal, brain-wasting disease. Once on treatment, suitable patients undergo a series of MRI scans to monitor for potentially fatal swelling and bleeding in the brain.

Persons: Julie Steenhuysen, Andrew Silver CHICAGO, ” Eli Lilly, Biogen, Liu Zhou, Eisai, ”, Hidemaru Yamaguchi, Soeren Mattke, Mattke, Andrew Silver, Caroline Humer, Bill Berkrot Organizations: Reuters, EU, Leqembi, Guangdong Medical University, ” Citi, Psychiatry, Siemens Healthineers, University of Southern, University of Southern California Brain Health Locations: SHANGHAI, China, ”, Leqembi, The Indianapolis, Taiwan, South Korea, Eisai, United States, Japan, Europe, U.S, University of Southern California, Chicago, Shanghai

WASHINGTON (AP) — Women are far more likely than men to get autoimmune diseases, when an out-of-whack immune system attacks their own bodies — and new research may finally explain why. One theory is that the X chromosome might be a culprit. The X chromosome is packed with hundreds of genes, far more than males’ much smaller Y chromosome. Every female cell must switch off one of its X chromosome copies, to avoid getting a toxic double dose of all those genes. “We think that’s really important, for Xist RNA to leak out of the cell to where the immune system gets to see it.

Persons: ”, John Wherry, wasn’t, Howard Chang, Chang, ” Chang, Epstein, Barr, Chang’s, Xist, hadn't, Penn’s, they’re, Stanford’s Chang Organizations: WASHINGTON, Stanford University, University of Pennsylvania, Howard Hughes Medical Institute, Associated Press ’ Health, Science Department, Associated Press Health, Howard Hughes Medical Institute’s Science, Educational Media Group, AP

☆ Polycystic ovary syndrome, or PCOS, linked with cognitive decline, study finds
▼ + stars: | 2024-01-31 | by ( Kristen Rogers | ) edition.cnn.com time to read: +7 min

CNN —Polycystic ovary syndrome, known as PCOS, has long been known for symptoms such as missed periods or excess body hair. Polycystic ovary syndrome refers to symptoms related to a hormonal imbalance in people assigned female at birth. “Our results suggest that people with this condition have lower memory and thinking skills and subtle brain changes at midlife. The findings highlight “potential cognitive vulnerabilities in women with PCOS, though it’s important to know that these are cognitive weaknesses, not impairments,” Maki said. For one, the study showed an association between PCOS and cognitive decline, but didn’t prove that the condition causes cognitive decline, the authors said.

Persons: ”, Pauline Maki, Maki wasn’t, Eunice Kennedy, PCOS, Heather G, Huddleston, “, ” Maki, Mateja Perović, Wiebke Arlt, wasn’t, Arlt, Katherine Sherif, Ricardo Azziz, ” Sherif Organizations: CNN, Mental Health Research, University of Illinois, National, of Child Health, Human, World Health Organization, University of California, PCOS, University of Toronto, Imperial College London’s Institute, Clinical Sciences, Thomas Jefferson University, University of Alabama Locations: midlife, University of Illinois Chicago, Philadelphia, Birmingham

☆ Rare cases of possible Alzheimer’s transmission uncovered in recipients of discontinued medical treatment
▼ + stars: | 2024-01-29 | by ( Jacqueline Howard | ) edition.cnn.com time to read: +9 min

All five adults had growth hormone deficiency as children and received pituitary growth hormones prepared in a specific way from cadavers. The treatment approach was discontinued after cases of a rare brain disorder called Creutzfeldt-Jakob disease were found to be associated with the administration of contaminated human growth hormone from cadavers. Although Alzheimer’s is not a prion disease, some separate research suggests that the two proteins that are hallmarks in Alzheimer’s disease — amyloid beta and tau — behave like prions. “This study suggests that in very rare circumstances Alzheimer’s disease may be transmitted between humans via human growth hormone from deceased donors. “I’m also intrigued by how these results may inform potential therapeutic targets and strategies in the future,” Isaacson said, regarding Alzheimer’s disease.

Persons: John Collinge, Jakob, Creutzfeldt – Jakob, Alzheimer’s, ” Collinge, ’, –, ” Dr, Susan Kohlhaas, ” Kohlhaas, “ It’s, Dr, Richard Isaacson, ”, Isaacson, “ I’m, ” Isaacson, “, Gargi Banerjee, ” Banerjee, James Galvin, Sanjay Gupta, ” Galvin, Lewy Organizations: CNN, Nature, University College London Institute, University College London, National Hospital for Neurology, Neurosurgery, Alzheimer’s Research, Science Media, Comprehensive, Brain Health, University of Miami Health, CNN Health Locations: United Kingdom, United States, United, Florida, UHealth, Creutzfeldt

☆ New blood test that screens for Alzheimer’s may be a step closer to reality, study suggests
▼ + stars: | 2024-01-22 | by ( Jacqueline Howard | ) edition.cnn.com time to read: +11 min

Alzheimer’s disease, a brain disorder that affects memory and thinking skills, is the most common type of dementia, according to the National Institutes of Health. “A blood test being negative speeds up the investigation for other causes of the symptoms and this is just as important,” Ashton said. Isaacson, who has researched blood biomarkers in people with no or minimal cognitive complaints, likened testing blood samples for signs of Alzheimer’s disease to how people undergo routine blood tests for high cholesterol. It is possible that currently available treatments for Alzheimer’s disease would work better in those diagnosed early in this way,” he said. The combination of a simple screening test with an effective treatment for Alzheimer’s disease would have a dramatic impact for individuals and for society.”

Persons: ” Nicholas Ashton, Ashton, ”, Kaj Blennow, Henrik Zetterberg, antiamyloid, immunoassay, ” Ashton, Richard Isaacson, ” Isaacson, Isaacson, ‘, “, Dr, Sanjay Gupta, David Curtis, ” Curtis Organizations: CNN, University of Gothenburg, National Institutes of Health, Quest Diagnostics, Alzheimer’s, Alzheimer’s Association, Get CNN, CNN Health, University College London, Science Media Locations: Sweden, United States, Wisconsin, Pau, Florida

☆ Shimmer is using AI to bring ADHD coaching to adults. Here's an exclusive look at the pitch deck the startup used to land $2.2 million in fresh VC funding.
▼ + stars: | 2024-01-11 | by ( Samantha Stokes | ) www.businessinsider.com time to read: +3 min

This story is available exclusively to Business Insider subscribers. The startup, which provides digital ADHD coaching for adults, just raised a $2.2 million seed round led by Worklife Ventures and SeedtoB Capital. The startup offers access to live sessions with coaches and an AI program that helps users set goals and stick to them. offers ADHD diagnoses and various treatment options, including medication. The startup offers plans ranging from $140 to $345 per month, all of which include Shimmer's flagship 1:1 coaching sessions, which are all conducted by licensed professionals.

Persons: —, Y Combinator, Shimmer, Gaingels, Y, Megan Hall, Chris Wang, Shimmer's, Wang, Vikram Sreedhar —, she's, monetize Organizations: Service, Business, Worklife Ventures, SeedtoB, Koa Labs, Aglaé Ventures, Honeystone Ventures, CVS, Shimmer, American, of Psychiatry Locations: Alma

☆ Theory About the Fed, Inflation, and Rates That May Wreck the Economy
▼ + stars: | 2024-01-11 | by ( Neil Dutta | ) www.businessinsider.com time to read: +11 min

After spending the past two years trying to get inflation under control by raising interest rates, the Fed is inching toward cutting rates soon. Setting interest rates should be about weighing costs and benefits for everyone, not engineering outcomes for a favored constituency. When people (usually those with a vested political interest) try to accuse the Fed of being biased, it erodes confidence. The real reason for the accusationsThe entire conspiracy theory about a political Fed is weak on its face and baseless on its merits. What makes anyone so sure they'll fare better in 2024 with the rate of inflation slowing, interest rates falling, and stocks rising?

Persons: there's, it's, Joe Biden's, Jerome Powell, Donald Trump, Biden, It's, Trump, Ro Khanna, Powell, Taylor, Bill Dudley, Dudley, Dudley's, Chris Waller Organizations: Federal Reserve, Fed, Democratic, Trump, Biden, New York Fed Locations: Canada, Australia, Japan

☆ The S&P 500 inclusion curse is now taking aim at Uber
▼ + stars: | 2023-12-05 | by ( Bob Pisani | ) www.cnbc.com time to read: +4 min

Uber Technologies is finally going into the S & P 500, four years after going public and just shy of an all-time high. And there are a lot of them: Roughly $12 trillion is directly or indirectly indexed to the S & P 500. First is the price: Uber went public in May 2019 at $45 and is now close to $60. Will the 'S & P 500 curse' strike again? S & P announced it would add Tesla to the S & P 500 on Nov. 16, 2020.

Persons: Uber, Tesla Organizations: Technologies, Poor's, American Express, Steel, McKinsey

Finally Souza, an innkeeper and community leader in Bela Vista do Jaraqui, said he rallied two dozen neighbors to drill a 60-meter well in the heart of the world's largest freshwater basin. With rivers forming the backbone of transportation across the Amazon region, the drought has disrupted access to food and medicine in dozens of cities. The Amazon, the world's largest rainforest, is regarded by scientists as a bulwark against climate change because its dense vegetation absorbs carbon and emits oxygen. The five researchers predicting a 2026 recovery said the effects of the drought could endure even longer if El Nino is prolonged. That would release huge amounts of carbon dioxide, contributing to climate change and wiping out a wealth of plant and animal species found only in the Amazon.

Persons: Bruno Kelly, Raimundo Leite de Souza, Souza, Luiz Inacio Lula da Silva, Michael Coe, we're, El Nino, Coe, El, Philip Fearnside, Henrique Barbosa, Eduardo Taveira, Taveira, Paulo Brando, Brando, Barbosa, Brad Haynes, Jake Spring, Ana Mano, Andre Romani, Suzanne Goldenberg Organizations: REUTERS, Rights, Rio, cobras, United, Reuters, Research Center, National Institute of, Research, University of Maryland, Honda, LG, Positivo, GIANTS, Yale University, Sao Paulo, Thomson Locations: Tefe, Amazonas, Brazil, Rights MANAUS, caimans, Bela Vista, Guyana, Suriname, French Guiana, Venezuela, Colombia, United Nations, U.S, South America, South, Pacific, North America, El Nino, University, Baltimore, Western Europe, Brazil's Amazonas, Manaus, Itacoatiara, Madeira Rivers, Sao Paulo, Sao

☆ A US Navy warship held together with coconut logs after a Japanese torpedo strike once sailed hundreds of miles in reverse to reach safe harbor
▼ + stars: | 2023-12-01 | by ( Chris Panella | ) www.businessinsider.com time to read: +3 min

Over 80 years ago, a US warship was badly damaged by a Japanese torpedo during the Battle of Tassafaronga. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. The torpedo wrecked the New Orleans' forward magazines and gas tanks and damaged its hull, but the ship didn't fully sink. With limited resources or friendly ports out near Tassafaronga Point on Guadalcanal, the New Orleans crew had to improvise. The New Orleans arrived in Sydney on December 24 and later received a new bow, among other repairs.

Persons: — Organizations: Service, US Navy, US Naval Institute, — U.S . Naval Institute, Imperial Japanese Navy, Naval, Heritage Command, Navy, New Orleans, The, New Locations: Tassafaronga, New Orleans, Sydney, Australia, —, Sound, Orleans, Guadalcanal, The New Orleans, Coral, Midway, Philippine, Japan

Signage is seen outside of the Food and Drug Administration (FDA) headquarters in White Oak, Maryland, U.S., August 29, 2020. REUTERS/Andrew Kelly/File Photo Acquire Licensing RightsNov 27 (Reuters) - The U.S. health regulator on Monday approved SpringWorks Therapeutics' (SWTX.O) drug for treating adult patients with desmoid tumors, making it the first approved treatment for this type of non-cancerous soft-tissue growth. The brokerage estimates U.S. sales of $3 million in 2023 and $79 million in 2024 and peak sales of $544 million in 2032. Desmoid tumors are rare, abnormal non-cancerous growths that occur in connective tissues and are associated with a high rate of recurrence. An estimated 1,650 people in the U.S. are diagnosed with desmoid tumors each year, according to data from the National Institutes of Health.

Persons: Andrew Kelly, Saqib Islam, Ogsiveo, Cowen, Yaron, Islam, Pratik Jain, Christy Santhosh, Shilpi Majumdar, Shailesh Organizations: Food and Drug Administration, FDA, REUTERS, Therapeutics, Food, National Institutes of Health, Thomson Locations: White Oak , Maryland, U.S, United States, Bengaluru

☆ The future of interest rates is more surprises
▼ + stars: | 2023-11-24 | by ( Edward Chancellor | ) www.reuters.com time to read: +7 min

Observing these oscillating forecasts, a bystander might conclude that nobody knows anything about the future direction of interest rates. The study examined data from 19 countries back to 1870 and found only a tenuous link between the determinants of savings and investment and real interest rates. “No single factor or combination of such factors”, the authors concluded, “can consistently explain the long-term evolution of real interest rates. Indeed, if the trend persisted Schmelzing forecast that “within a generation historically implied real interest rates will have reached negative territory”. Homer and Sylla wryly observe that people assume that the interest rates they encounter are normal and are surprised by what comes next.

Persons: Claudio Borio, “, ”, Paul Schmelzing, Sidney Homer, Richard Sylla, Sylla, Peter Thal Larsen, Streisand Neto, Thomas Shum Organizations: Reuters, U.S, Capital Economics, Bank for International, Austrian, Reuters Graphics Reuters Graphics, Financial, Boston College, Treasury, Thomson Locations: Central, U.S . Federal, London, Japan

☆ Can you hack your brain? These companies are driving innovation in the field of brain stimulation
▼ + stars: | 2023-11-21 | by ( Pia Singh | ) www.cnbc.com time to read: +12 min

These forms of deep brain stimulation require a surgical procedure during which electrodes — which generate electrical impulses to control any abnormal brain activity — are implanted into certain areas of the brain. With enough advancement in the field, doctors expect brain stimulation techniques for both severe disorders and health-and-wellness purposes will ultimately become noninvasive. Three major players There are only three companies with FDA-approved deep brain stimulation, or DBS, treatments: Medtronic , Abbott Laboratories and Boston Scientific . The spinal cord stimulation, or SCS, business is a hotbed of innovation right now, deep brain stimulation also is a key area." There is still plenty of doubt, however, about the efficacy of at-home brain stimulation devices, which offer a less direct approach to brain stimulation and don't always require FDA oversight.

Persons: —, Bernstein, Lee Hambright, Hambright, Ali Rezai, Medtronic, Abbott, Rezai, Morningstar, Debbie Wang, Wang, Elon Musk, it's Elon Musk's, Casey Halpern, it's, Halpern, Taiwan's Organizations: Drug Administration, FDA, Abbott Laboratories, Boston, Rockefeller Neuroscience, West Virginia University, American Neuromodulation Society, Boston Scientific, DBS, FactSet, Neuroscience, BCI, University of Pennsylvania, TMS Locations: neuromodulation

☆ Bigger belly in 40s and 50s linked to early signs of Alzheimer’s disease
▼ + stars: | 2023-11-20 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +8 min

CNN —Inflammation from belly fat may be linked to the early stages of Alzheimer’s disease decades before symptoms begin, new research has found. “That’s important because brain atrophy is another biomarker of Alzheimer’s disease,” Raji said. “These are people who, if they do develop Alzheimer’s disease, it won’t happen for another 20 or 25 more years. “Regardless of weight, people should find out if they have hidden visceral fat,” Raji said. Visceral fat ‘easier to lose’There’s good news: Visceral fat responds well to diet and exercise, Raji said.

Persons: “, ”, Richard Isaacson, Isaacson, Cyrus Raji, St . Louis, ” Raji, Dr, Mahsa, Raji, ” Isaacson, It’s Organizations: CNN, Washington University School of Medicine, Radiology Society, Cleveland Clinic, Mayo Clinic Locations: Florida, St .

☆ Buffalo Bills rue ‘inexcusable’ mistake which led to last-gasp 24-22 defeat to Denver Broncos
▼ + stars: | 2023-11-14 | by ( Ben Church | ) edition.cnn.com time to read: +4 min

CNN —The Denver Broncos earned a dramatic 24-22 victory over the error-prone Buffalo Bills on Monday, after Wil Lutz converted a last-minute, retaken field goal. At the end of the day, we didn’t execute it, so it’s inexcusable,” the visibly frustrated Buffalo Bills coach, Sean McDermott, told reporters after the game. Wil Lutz of the Denver Broncos kicks the game-winning field goal against the Buffalo Bills at Highmark Stadium on November 13. While the night may be remembered for the Bills’ error-strewn display, Courtland Sutton’s remarkable second quarter touchdown for Denver will also live long in the memory. Buffalo Bills safety Damar Hamlin makes a tackle in the fourth quarter of the game.

Persons: Wil Lutz, Lutz, “, Sean McDermott, Timothy T Ludwig, Josh Allen, –, ” Allen, Taron Johnson, Courtland Sutton’s, Russell Wilson, Sutton, ”, ” Hamlin, Damar Hamlin, Hamlin, Adam Trautman, Andy Cross, commotio cordis Organizations: CNN, The Denver Broncos, Buffalo Bills, Bills, AFC, Denver Broncos, Highmark, Getty, NFL, Buffalo, The Broncos, Denver, ESPN, MediaNews, Denver Post, Cincinnati Bengals Locations: Denver, Cincinnati

☆ Israel-Hamas War Israel Lowers Its Death Toll Estimate for Oct. 7
▼ + stars: | 2023-11-11 | by ( Aaron Boxerman | ) www.nytimes.com time to read: +5 min

Smoke and flares rise over Gaza City during an Israeli strike in the Gaza Strip, as seen from southern Israel on Friday. In a city increasingly cut off from the rest of the world, Mr. Matar described days full of desperation and fear. “We are trying to conserve what we have until the situation changes — until this sad story is over,” Mr. Matar said. And because there are also no bottles of water to be found in the stores, Mr. Matar has been relying on his neighbors’ reserves. “When she hears the missiles in her sleep, my 3-year-old jumps,” Mr. Matar said.

Persons: Mohammad Matar, Matar, ”, “, Mr, Juliette Touma, Ms, Touma, Philippe Lazzarini, —, ” Abeer Pamuk Organizations: Israel Defense Forces, West Bank Locations: Gaza City, Gaza, Israel, Beit Lahia, Rafah, Palestinian, San Francisco

☆ It was the most significant week in AI since the launch of ChatGPT
▼ + stars: | 2023-11-11 | by ( Samantha Kelly | ) edition.cnn.com time to read: +7 min

Elon Musk announced a sarcastic AI ChatGPT rival called Grok coming to his platform, X, formerly known as Twitter. The company unveiled a series of AI tool updates, including the ability for developers to create custom versions of ChatGPT called GPTs. Humane’s Ai PinHumane introduced its first AI wearable device called the Ai Pin From HumaneHumane, a startup founded by former Apple employees, introduced its first AI wearable device called the Ai Pin, a small blinking gadget that attaches to clothing. The Ai pin, which runs on a Snapdragon processor and boasts a Qualcomm AI engine, is packed with depth and motion sensors, features an ultra-wide camera and a laser ink display. The Ai Pin, which starts at $699, will go on sale in the US on Thursday, November 16.

Persons: OpenAI, Elon Musk, ”, Reece Hayden, Hayden, ” Hayden, Here’s, Sam Altman, Altman, Ai, Arun Chandrasekaran, “, Jaap Arriens, xAI, Douglas Adams, Elon, Grok, Musk, Chandrasekaran, Anna Coobin Organizations: CNN, OpenAI, ABI Research, Fortune, Apple, Qualcomm, Gartner, Twitter, Galaxy, Reuters, Amazon, YouTube Locations: Warsaw, Poland, British

☆ Plane takes off with missing window panes as crew fails to spot damage
▼ + stars: | 2023-11-09 | by ( Manav Tanneeru | Tamara Hardingham-Gill | ) edition.cnn.com time to read: +4 min

CNN —An Airbus A321 aircraft took off from London Stansted Airport last month with four damaged window panes, including two that were missing, according to UK air accident investigators. The plane landed back at Stansted Airport safely shortly afterward. “Having inspected the window, it was agreed the aircraft should return to Stansted,” the report continues. The flight crew initiated a descent and the aircraft arrived back at Stansted Airport a short while later. After passengers had disembarked and the plane was parked and shut down, the crew inspected the plane from the outside, and found that two cabin window panes were missing and a third was dislodged.

Persons: ”, “, David Goddard Organizations: CNN, Airbus, London Stansted Airport, Orlando International Airport, Investigation, Stansted Airport, Stansted, ” “ Aircraft Locations: London, Florida, Stansted

☆ OpenAI says ChatGPT downtime caused by targeted attack
▼ + stars: | 2023-11-09 | by ( Hayden Field | ) www.cnbc.com time to read: +1 min

ChatGPT, OpenAI's viral chatbot, is experiencing outages caused by a targeted attack, according to an OpenAI spokesperson. "We are dealing with periodic outages due to an abnormal traffic pattern reflective of a DDoS attack," OpenAI shared on Wednesday evening, just before 11 p.m. ChatGPT users were told "ChatGPT is at capacity right now," but after implementing a fix, things returned to normal, per OpenAI — but not for long. The attack also follows OpenAI's first in-person event on Monday, where the company announced it had surpassed 100 million weekly active users. It also announced its most powerful artificial intelligence model yet, GPT-4 Turbo, and a new option allowing users to create customized versions of ChatGPT.

Persons: Mira Murati, OpenAI, OpenAI's Organizations: Fortune

☆ Five tips for living with long Covid
▼ + stars: | 2023-11-09 | by ( Manav Tanneeru | Andrea Kane | ) edition.cnn.com time to read: +8 min

They struggled to define and measure long Covid, to identify a cause for or a mechanism behind it. Long Covid is not somebody else’s problem: a 2022 National Center for Health Statistics survey estimated that almost 7% of US adults, and more than 1% of children, who reported having Covid have struggled with long Covid at some point. To hear more of Putrino’s conversation on the possible causes of long Covid and the search for biomarkers, listen to the full podcast episode here:What can you do to help yourself if you have long Covid? Mind your mast cellsSometimes, during both an acute Covid infection and in long Covid, a person experiences hyperinflammation across many body systems; researchers believe that this happens because mast cells are activated. Reach out for helpThis last tip is for caregivers and friends of people with long Covid, or anyone with a chronic disease.

Persons: Sanjay Gupta, —, Covid, David Putrino, “ We’re, ” Putrino, Putrino, ”, ‘, “, ’, ’ ” Putrino, dysautonomia Dysautonomia, they’re Organizations: CNN, National Institute of Health’s, for Health Statistics, Rehabilitation, Sinai Health, MCAS Locations: United States, New York City

☆ ChatGPT outage could stem from targeted server attack, OpenAI says
▼ + stars: | 2023-11-09 | by ( Manav Tanneeru | Samantha Kelly | ) edition.cnn.com time to read: +1 min

CNN —OpenAI said recent outages of its viral ChatGPT chatbot could be caused by targeted attacks on its servers. Users on Wednesday were unable to access all of OpenAI’s tools and services and received a message that the platform was at capacity. The outage comes three days after OpenAI hosted its first developer conference, held in San Francisco. CEO Sam Altman said 2 million developers now use the platform, and about 90% of Fortune 500 companies are using the tools internally. At the event, the company unveiled a series of artificial intelligence tool updates, including the ability for developers to create custom versions of ChatGPT.

Persons: CNN — OpenAI, ” OpenAI, OpenAI, Sam Altman Organizations: CNN, Fortune Locations: San Francisco

☆ A commercial plane took off with 2 missing windows and reached 10,000 feet before anyone realized there was a problem
▼ + stars: | 2023-11-08 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +4 min

The plane climbed more than 10,000 feet before anyone realized there was a problem. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementAdvertisementA commercial plane took off with two missing window assemblies and reached more than 10,000 feet before anyone realized something was wrong, according to the Air Accidents Investigation Branch. AdvertisementAdvertisementThe plane continued to climb to an altitude of 10,000 feet and the seatbelt signs were switched off, according to the bulletin. It was agreed that the aircraft should return to Stansted, and the plane landed 36 minutes after taking off, the bulletin said.

Persons: —, AAIB, It's Organizations: Airbus, London Stansted, Service, Air, Investigation, London's Stansted Airport, Orlando International, Stansted, The Independent Locations: London, London's, FL100

Boston University said Tuesday that its initial inquiry into the antiracist research center run by best-selling author and academic Ibram X. Kendi found no issues with how it managed its finances. The university launched the inquiry into the financials of the BU Center for Antiracist Research, or CAR, in September, after acknowledging the organization was laying off about half of its staff and changing its operating model. The center has raised more than $50 million, with $30 million of that put into an endowment, the university said. The university's inquiry will continue, now focusing on the center's management of grants from outside funders, including the extent to which it complied with required reporting. The university's inquiry and finding announced Tuesday aimed to address those questions, though the university declined a request to share the audit.

Persons: Kendi, Gary Nicksa, ”, George Floyd, ” Kendi, Korn, “ I’ve, Earl Lewis, Andrew W, Lewis, “, ’ ” Lewis Organizations: Boston University, BU Center, Antiracist Research, Associated Press, BU, Mellon Foundation, University of Michigan Center for Social Solutions, Associated, Lilly Endowment Inc, AP Locations: Minneapolis, “

☆ Exclusive: China's clashing priorities behind rare money market distress
▼ + stars: | 2023-11-06 | by ( ) www.reuters.com time to read: +7 min

"Banks were grudging in lending, leaving non-banks asking each other for money in afternoon trade," he said. The reasons for the spike in interest rates and the ensuing market chaos are detailed here for the first time. They affect foreign exchange movements since the markets are the major avenue for the supply of money. The money market operator CFETS told traders to keep a 5% ceiling on repo transactions and said anyone involved in high-rate deals closed on Oct. 31 would need to explain themselves to regulators, according to sources who received the notice. "If the pattern of money supply and liquidity provision remains unchanged, the whole system remains fragile.

Persons: Xia Chun, Banks, outflows, CFETS, Tom Westbrook, Vidya Ranganathan, Raju Gopalakrishnan Organizations: People's Bank of China, China Foreign Exchange Trade, Yintech Investment Holdings, Reuters, China Everbright Bank, Co, China Central Depository, Shanghai Clearing House, Shanghai, Thomson Locations: SHANGHAI, SINGAPORE, Beijing, Shanghai, China

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