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☆ AppLovin's 300% surge in 2024 leaves ad-tech company with big expectations for earnings
▼ + stars: | 2024-11-04 | by ( Cj Haddad | ) www.cnbc.com time to read: +4 min

AppLovin has soared 310% in 2024, beating every U.S. tech company with a market cap of at least $5 billion, according to FactSet data. The technology helps put more targeted ads on the mobile gaming apps the company owns, and works for other studios that license the software. They said the company's "real opportunity" is to catch the influx in brand advertising towards mobile gaming from more conventional channels like social media or legacy broadcasting. Because of its position in digital advertising, AppLovin faces potential competition from some of the most well-capitalized companies on the planet. In 2022, AppLovin gave up on efforts to buy gaming software developer Unity Software for $20 billion, after Unity shareholders rejected the bid.

Persons: AppLovin, Wells Fargo, FactSet . Oppenheimer, Stifel Nicolaus, Jefferies, Adam Foroughi, could've, Foroughi, mightily, Unity, LightShed's Brandon Ross Organizations: Nvidia, Revenue, FactSet, Wedbush, Google, Facebook, Apple, Orient, Unity Software, Unity Locations: BTIG, AppLovin, U.S

☆ Peanut the squirrel: Man who took in orphaned animal says it’s ‘surreal’ officials euthanized his pet
▼ + stars: | 2024-11-04 | by ( Story Associated Press | ) edition.cnn.com time to read: +2 min

This undated image provided by Mark Longo shows him with his pet squirrel, Peanut. The state Department of Environmental Conservation took the animals Wednesday from Longo’s home and animal sanctuary in rural Pine City, near the Pennsylvania border. Longo has said he was working to get Peanut – also known as P’Nut or PNUT – certified as an educational animal. Longo said he started caring for Peanut after the animal’s mother was hit by a car in New York City seven years ago. After helping the animal recover from injuries, Longo said, he and his wife were planning to release the creature into the woods.

Persons: ” Mark Longo, Mark Longo, Longo, “, ”, Fred Organizations: of Environmental Conservation, DEC, Chemung County Health Department, New York City Locations: York, New York, Pine City, Pennsylvania, Chemung County

☆ Secret audio, overturned convictions and a jail death: The legal saga of an art dealer’s murder
▼ + stars: | 2024-11-03 | by ( Tim Stelloh | David Ketterling | Tim Stelloh Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +15 min

But nearly 16 years after Lambert’s murder, the case remains unfinished. (Niroula was fatally assaulted in jail while awaiting a new trial; two defendants previously pleaded guilty, and their convictions weren’t overturned.) Then, he and Niroula began developing a plot to defraud and murder Lambert, the prosecutor said. Four of them, including Niroula and Garcia, were charged with murder, conspiracy, grand theft and other crimes, court records show. Less than a month later, a judge overturned the four murder convictions and set the cases for retrial.

Persons: Cliff Lambert, Lambert, ”, Kaushal Niroula, Daniel Garcia, hadn’t, Niroula, Garcia, Mark Evans, Eddie Mullikin, Steven Kilkullen, Cliff, Anthony Villalobos, David Replogle, “, Kilkullen, he’d, who’d, Tom Fitzmaurice Mullikin, Mullikin, Robert Hightower, —, Hightower, Thomas White, White, — David Replogle, Garcia hasn’t, Stuart Hanlon, Tyson Wrensch, San Francisco’s Castro, Dateline ”, Niroula “, ” Wrensch, ” Tyson Wrensch, Niroula texted Garcia, Niroula —, Lambert’s —, ” Hightower, Mercedes, David Downing, Downing, wasn’t, — “, ” Mullikin, Niroula’s, Replogle, ” Villalobos, “ There’s, hasn’t, ” Kilkullen, ” Tim Stelloh, David Ketterling Organizations: Dateline, NBC News, Riverside County, Midwest, “ Dateline, San, San Francisco Bay Area, Lincoln Town, Marines, Palm, Niroula Locations: INDIO, Calif, California, Palm Springs, Nepal, San Francisco, Riverside County, Riverside, Mexico, San Francisco Bay, San Francisco’s, Coachella, Bay, Los Angeles, Lambert’s, United States, Cliff, Alameda , California, Indio

The Summary A new lawsuit challenges Louisiana’s classification of abortion medications as controlled dangerous substances. A group of Louisiana health care providers and reproductive rights advocates are suing the state over a new law that classifies abortion pills as controlled dangerous substances. It’s the first time a state has classified abortion pills as controlled substances. In Louisiana, abortion is largely banned, so the law has not had a major impact on abortion access. The Louisiana law established a crime known as “coerced abortion” — intentionally giving a pregnant woman abortion pills without her knowledge or consent.

Persons: —, misoprostol, Allison Zimmer, ” Zimmer, ”, Nancy Davis, Liz Murrill, “, ” Murrill, Zimmer, Louisiana Sen, Thomas Pressly’s, Catherine Herring, ” —, “ Ms, Pressly, Davis, Kaitlyn Joshua, Joshua, ” Joshua Organizations: American College of Medical Toxicology Locations: Louisiana, mifepristone, Texas, Baton Rouge

☆ How a free meal cost an investor his retirement savings
▼ + stars: | 2024-11-02 | by ( Laila Maidan | ) www.businessinsider.com time to read: +9 min

George Wilson learned the hard way that there's no such thing as a free lunch — or, in his case, a free dinner that cost him a chunk of his retirement savings. He also met David Escarcega, one of the hosts and a broker who would eventually advise him to invest in so-called non-correlated, fixed-income alternative products from the now-bankrupt firm GWG. AdvertisementBut those meals aren't really free, Murray said. They're referred to as "free lunch seminars," said Adam Gana, a securities attorney who worked on Wilson's case. In 2017, he decided to renew his investment, according to documents viewed by Insider.

Persons: George Wilson, Wilson, Chris Steak, David Escarcega, Michael Murray, Murray, Adam Gana, Gana, I've, Jean, Escarcega, we're, Wilson wasn't, FINRA, Craig McCann, McCann, he's, Outsized Organizations: GWG, GWG Holdings, Financial, SEC, ADV, CPA, Treasury Locations: GWG

☆ Sam Altman explains OpenAI's shift from open to closed AI models
▼ + stars: | 2024-11-02 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +5 min

CEO Sam Altman explained the company's shift to closed AI models in a Reddit AMA on Thursday. AdvertisementWhy doesn't OpenAI open-source the AI models behind ChatGPT if the company is called OpenAI? Altman responded that open source "plays an important role in the ecosystem and there are great open source models in the world." The comments from Altman follow a year in which OpenAI has received criticism for no longer open-sourcing its AI models. "There is no single open source AI definition, and defining it is a challenge because previous open source definitions do not encompass the complexities of today's rapidly advancing AI models," the spokesperson said.

Persons: OpenAI, Sam Altman, —, Altman, Elon Musk, ChatGPT, Musk, Ilya Sutskever, Mark Zuckerberg, OpenAI's GPT Organizations: Service, Microsoft, OpenAI, Meta, OSI

☆ New York state officials seize Instagram-famous squirrel named Peanut from owner
▼ + stars: | 2024-11-01 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Ap-Live-Blog-Byline-Image.Png | The Associated Press | ) www.nbcnews.com time to read: +4 min

Longo brought Peanut home and cared for him for eight months before trying to release the squirrel into the great outdoors. Longo determined that Peanut lacked the survival skills to live in the wild and would remain an indoor squirrel. Longo is aware that it’s against New York state law to own a wild animal without a license. “If we’re not following the rules, guide us in the right direction to follow the rules, you know?” Longo said. Longo is not the first animal owner to protest the confiscation of a pet by New York authorities.

Persons: Fred, —, Mark Longo’s, Longo, ”, “, Mark Longo's, Mark Longo, ” Longo, Instagram, Peanut, Daniela, we’re Organizations: of Environmental, of Environmental Conservation, DEC, New York City, USA Locations: York, Pennsylvania, Pine City, N.Y, New York, Norwalk , Connecticut, Buffalo

☆ Trump targets Washington Post, CBS with long-shot legal actions over Harris coverage, ads
▼ + stars: | 2024-11-01 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +3 min

The Washington Post office in Washington, DC, US, on Thursday, June 27, 2024. The Republican's campaign on Thursday filed a Federal Election Commission complaint accusing The Washington Post of making "Illegal Corporate In-Kind Contributions" to Harris. "There is no evidence in the allegations of any coordination between the Post and the Harris campaign," said Briffault, who specializes in campaign finance regulation and political law. A spokesperson for the newspaper told CNBC, in a statement Friday, "As part of The Washington Post's regular social media marketing strategy, promoted posts across social media platforms reflect high-performing content across all verticals and subjects." Trump has repeatedly claimed on social media and at campaign rallies that the editorial move constitutes the "biggest media scandal in broadcast history."

Persons: Donald Trump, Kamala Harris, Harris, Donald J, Richard Briffault, Briffault, Trump Organizations: Washington Post, Washington, Trump, Democratic, Columbia Law, CNBC, United, FEC, The Washington, CBS Broadcasting, CBS Locations: Washington , DC, The

☆ Chinese researchers develop AI model for military use on the back of Meta's Llama, Reuters reports
▼ + stars: | 2024-11-01 | by ( ) www.cnbc.com time to read: +2 min

Top Chinese research institutions linked to the People's Liberation Army have used Meta's publicly available Llama model to develop an AI tool for potential military applications, according to academic papers and analysts. Top Chinese research institutions linked to the People's Liberation Army have used Meta's publicly available Llama model to develop an AI tool for potential military applications, according to academic papers and analysts. It was found to outperform some other AI models that were roughly 90% as capable as OpenAI's powerful ChatGPT-4. The researchers didn't elaborate on how they defined performance or specify whether the AI model had been put into service. Meta has embraced the open release of many of its AI models, including Llama.

Persons: Army's, Meta META.O, ChatBIT, Sunny Cheung, Meta Organizations: People's Liberation Army, Reuters, PLA, Academy of Military Science, Meta, Jamestown Foundation Locations: China, U.S

☆ Instagram-famous squirrel named Peanut seized by New York state authorities
▼ + stars: | 2024-11-01 | by ( Story Associated Press | ) edition.cnn.com time to read: +4 min

Mark Longo with his pet squirrel, Peanut. Longo brought Peanut home and cared for him for eight months before trying to release the squirrel into the great outdoors. Longo is aware that it’s against New York state law to own a wild animal without a license. “If we’re not following the rules, guide us in the right direction to follow the rules, you know?” Longo said. Longo is not the first animal owner to protest the confiscation of a pet by New York authorities.

Persons: Fred, –, Mark Longo’s, Longo, Mark Longo, ”, “, ” Longo, Instagram, Peanut, Daniela, we’re Organizations: of Environmental Conservation, AP, DEC, New York City, USA Locations: York, Pennsylvania, Pine City, New York, Norwalk , Connecticut, Buffalo

☆ Trump sues CBS over ‘60 Minutes’ interview with Harris. Legal experts call it ‘frivolous and dangerous’
▼ + stars: | 2024-11-01 | by ( Rashard Rose | Jon Passantino | ) edition.cnn.com time to read: +4 min

CNN —Former President Donald Trump filed a lawsuit Thursday against CBS Broadcasting Inc. and CBS Interactive Inc., demanding $10 billion in damages over the network’s “60 Minutes” interview with Vice President Kamala Harris. Trump’s legal counsel argued that “CBS’s misconduct was unconscionable because it amounts to a brazen attempt to interfere in the 2024 U.S. Presidential Election.”A spokesperson for CBS said that Trump’s claims against “60 Minutes” are false. “The Interview was not doctored; and 60 MINUTES did not hide any part of the Vice President’s answer to the question at issue. 60 MINUTES fairly presented the Interview to inform the viewing audience, and not to mislead it. The lawsuit Trump has brought today against CBS is completely without merit and we will vigorously defend against it,” the spokesperson continued.

Persons: Donald Trump, Kamala Harris, Harris, Trump, Matthew Kacsmaryk, ”, –, Charles Tobin, Ballard Spahr, Floyd Abrams, ” Rebecca Tushnet, Frank Stanton, ” Trump, “, CNN’s Kate Sullivan, Kaanita Iyer Organizations: CNN, CBS Broadcasting Inc, CBS Interactive Inc, Court, Northern District of, CBS, Amarillo Division, Trump, Presidential, “, Pentagon, Harvard Law School Locations: Northern District, Northern District of Texas, Northern Texas, Amarillo, Texas, Henderson , Nevada

☆ Trump co-defendant Kenneth Chesebro suspended from practicing law in New York
▼ + stars: | 2024-10-31 | by ( Zoë Richards | Zoë Richards Is A Politics Reporter For Nbc News. | ) www.nbcnews.com time to read: +3 min

A state appeals court in New York on Thursday suspended Kenneth Chesebro, who struck a plea deal with prosecutors pursuing the 2020 election interference case against former President Donald Trump, from practicing law there. An attorney for Chesebro did not immediately respond to a request for comment Thursday evening. Some legal groups filed ethics complaints against Chesebro with the New York Supreme Court’s attorney grievance committee in 2022. Chesebro was admitted to practice law in New York in 2007. Jenna Ellis, another Trump attorney, was banned in May from practicing law in Colorado for three years.

Persons: Kenneth Chesebro, Donald Trump, Chesebro, Joe Biden, Trump, Scott Grubman, “ Ken Chesebro, ”, Michael Teter, Rudy Giuliani, Jenna Ellis Organizations: Trump, Biden, New York, Washington , D.C Locations: New York, Fulton County , Georgia, Fulton County, Georgia, Massachusetts , California , Texas, Florida, Illinois, Washington ,, Colorado

☆ Trump sues CBS over Harris '60 Minutes' interview
▼ + stars: | 2024-10-31 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +1 min

WASHINGTON — Republican presidential candidate Donald Trump sued CBS on Thursday over an interview of his Democratic rival Kamala Harris aired on its “60 Minutes” news program in early October that the lawsuit alleged was misleading, according to a court filing. The version that aired during the “60 Minutes” program on Oct. 6 did not include what the lawsuit calls a “word salad” response from Harris about the Biden administration’s influence on Israel’s conduct of the war. “Former President Trump’s repeated claims against 60 Minutes are false,” a CBS News spokesperson said. Trump has repeatedly assailed the network on the campaign trail over the episode and has threatened to revoke CBS’s broadcasting license if elected. CBS has said Trump backed out of his own planned interview with “60 Minutes.”

Persons: WASHINGTON, Donald Trump, Kamala Harris, Harris, Biden, “, Trump’s, ”, Trump, ” Trump Organizations: Republican, CBS, Democratic, Northern District of Locations: Northern District, Northern District of Texas, Israel, Gaza, Tuesday’s, Texas

LOS ANGELES — California and Nevada voters are weighing whether to repeal legal loopholes in their state constitutions that allow slavery and involuntary servitude to be used as criminal punishment. California and Nevada would join a growing national trend that started with voters in Colorado repealing involuntary servitude in 2018. Slavery and involuntary servitude were banned nationally by the 13th Amendment with one exception — as punishment for a crime. In 2016, Shawna Lynn Jones became the first incarcerated woman to die while fighting a fire in California, according to the state corrections department. "If it means we have to come back to California voters in two years or four years, then that's what we'll do," Nuñez said.

Persons: ” Rep, Barbara Lee, Shawna Lynn Jones, ” Alyssa Mireles, “, Lawrence Cox, Cox, ”, “ It’s, Terri Hardy, ” Hardy, —, Greg Totten, we’ve, ” Esteban Nuñez, Nuñez Organizations: Democratic, ”, “, League of United Latin American Citizens, California Department of Corrections, Rehabilitation, Firefighters, Institute of California, FBI, California — Locations: ANGELES, California, Nevada, Colorado, Utah, Nebraska, Alabama , Tennessee, Oregon, decarceration, U.S

☆ CNBC Sport: ESPN Chairman Jimmy Pitaro on the most important bet in media
▼ + stars: | 2024-10-31 | by ( Alex Sherman | In Alex-Sherman | ) www.cnbc.com time to read: +19 min

ESPN President Jimmy Pitaro , who I spoke with this week in an exclusive interview, doesn't shy away from that. Other media companies buy sports rights too, but ESPN buys more, and its entire existence is predicated on it. Yes, ESPN+ has existed since 2018, but ESPN+ has always been ESPN Lite, as I discussed in a CNBC documentary we put out earlier this year. "If that deal delivers for us in terms of growing our ratings, growing our reach – we got Flagship rights. "If that deal delivers for us in terms of growing our ratings, growing our reach – we got Flagship rights.

Persons: Alex Sherman, Jimmy Pitaro, doesn't, Pitaro, That's, it's, There's, Pitaro hasn't, Venu, Fubo, –, He's, Shams Charania, Pat McAfee, he's, Zach Lowe, Max Kellerman, Suzy Kolber, Robert Griffin III, Steve Young, Jalen Rose, We're, Alex, you've, Morgan, Cooper Flagg, Flagg, CNBC's Jess Golden, hasn't, Erik, Hag, Ruud van Nistelrooy, Ruben Amorim, Shohei, — Dwyane Wade, Wade, Michelangelo's David, Dwyane Wade Organizations: CNBC, ESPN, Walt Disney Company, Cable, Warner Bros . Discovery, Paramount Global, Disney, ESPN –, Monday, Football, NBA, WNBA, NHL, MLB, College Football, ACC, Masters, Wimbledon, UFC, Revenue, Flagship, CNBC Sport, Morgan Stanley Wealth Management, Gatorade, Manchester United, archrival Manchester City, English Premier League, Sky Sports News, Los Angeles Dodgers, Major League Baseball, Kaseya, Union of European Football Associations, The, Pickleball, CBS, Fox Sports, December's APP, ESPN Headquarters, Washington Post, The Washington Post Locations: Duke, Los Angeles, Dallas, Atlanta, Portuguese, Japan, Miami, Europe, Fort Lauderdale , Florida

NBC News spoke with a dozen trans people and their families across nine states about their hopes and concerns leading into Election Day. The agenda on his website says he would declare that any clinician who provides transgender care to minors would be terminated from Medicare and Medicaid. Advocates have hailed the Biden-Harris administration as the most pro-LGBTQ in history and have said a potential Harris administration would go even further in protecting gay and trans people. “I look at people that were trans in Trump’s first administration, I said, ‘So, did anything bad happen? She said she ultimately isn’t worried about a second Trump administration.

Persons: Donald Trump, Kamala Harris ’, Harris, Trump, they’ll, Gina Roberts, Roberts, Richard Grenell, ” Gina roberts, wasn’t, ” Roberts, “, I’ve, Biden, Ron DeSantis, Emaline, they're, she’s, ”, Katie Jenifer, Maddie, Jenifer, ” Jenifer, —, TC, Christina Nicholson TC Caldwell, ” Caldwell Organizations: Republican, Republican National Convention, NBC, Democratic, Trump, Biden, Rights, Corrections Department, NBC News, The Washington Post, Kaiser Family Foundation, Valley Center Parks, Recreation, Fire Protection, Democrats, Republican Gov, Cloverdale, U.S, White, Pride, TC Caldwell, Orchids Society, The Locations: U.S, Francisco’s, California, New Mexico, Orlando , Florida, Missoula , Montana, Cloverdale, TransVisible Montana, Israel, Gaza, Montana, Austin , Texas, Texas, New Zealand, North Carolina, Germany, Spain, Amsterdam, Malta, Europe, Selma , Alabama, Black

☆ How to charge your new electric car at home — and how much you might pay
▼ + stars: | 2024-10-30 | by ( Benjamin Zhang | Tim Levin | ) www.businessinsider.com time to read: +6 min

To get the most out of your electric car, you'll want to charge it at home, and likely overnight. This article is part of "Getting Ready for Electric," a series of guides and practical advice for buying your next EV. Going electric introduces a whole new element of car ownership: charging. "Home charging is what makes it easy and efficient to own an EV," Newman said. When it comes to choosing a charger, Sapp says it's a "safe bet" to go with a model recommended by your car's manufacturer.

Persons: —, Jenni Newman, Newman, Ken Sapp, Sapp, Cars.com, it's Organizations: Service, EV Locations: Qmerit

☆ Rumble in the Jungle: The fight that defined a decade, 50 years on
▼ + stars: | 2024-10-30 | by ( Jamie Barton | ) edition.cnn.com time to read: +9 min

CNN —In many ways, Muhammad Ali vs George Foreman in the Rumble in the Jungle didn’t start on this day 50 years ago at 4:30 a.m. local time (10:30 p.m. It would be another three years before he was permitted a license to fight, and another seven before the Rumble in Jungle offered him a chance to reclaim his title. UPI/Bettmann Archive/Getty Images“To me, it was like a charity fight,” Foreman later told the BBC. APZairean men are seen inside the stadium in Kinshasa on October 30, 1974, just before the Rumble in the Jungle. AFP via Getty ImagesA portrait of President of Zaire Mobutu Sese Seko is seen at the stadium in Kinshasa during the fight.

Persons: Muhammad Ali, George Foreman, Don King, Mobutu Sese Seko, Africa’s, ”, Thomas Hauser, Ali’s, Ali, Foreman, Cassius Clay –, Sonny Liston, John F, Kennedy, Hauser, Cassius Clay, “, Richard Nixon, ‘ Ali, bomaye ’ Ali, Mobutu, James Brown, BB, Bill Withers –, ” Ali, “ Ali, bomaye, ” Foreman, “ I’d, Joe Frazier, Ken Norton, Gene Kilroy, Big George ”, Floyd Mayweather, Manny Pacquiao, Zack Clayton, Zaire Mobutu Sese Seko, Tyson Fury, Oleksandr Usyk, we’ve, ‘, ” Hauser, Muhammad Ali couldn’t Organizations: CNN, Democratic, CNN Sport, Beatles, International Boxing Hall of Fame, Islam, US Armed Forces, Jungle, AFP, Getty, AP, Blacks, American Blacks, UPI, BBC, Stade du Locations: Zaire, Democratic Republic of the Congo, New York, Vietnam, Louisville, Kinshasa, Africa, Black, American, Mai, AFP, Saudi Arabia

☆ White ex-officer testifies in fatal shooting of Black man: 'I thought I was going to die'
▼ + stars: | 2024-10-29 | by ( Deon J. Hampton | Deon J. Hampton Is A National Reporter For Nbc News. | ) www.nbcnews.com time to read: +4 min

Moments later, Coy said Hill walked up a driveway and loudly banged on the home’s front door, but nobody answered and no lights were visible. “My intention was to go toward the back of the house,” Coy testified, but he changed his mind when he saw a light flicker in the garage. Hill walked out, holding a lit cellphone in his left hand, but his body was turned and Coy couldn’t see his right side. Thinking the phone was a distraction, Coy thought he saw Hill holding a revolver with his left hand and fired four shots. “I said, ‘f---,’ I knew at that point that I had made a mistake,” Coy testified.

Persons: “, ”, ” Adam Coy, Andre Hill, Coy, Adam Coy, Hill, Mark Collins, ” Coy, banged, What’s, Stephen Zenner, Amy Detweiler, Coy couldn’t, ’, Anthony Pierson, ” Pierson, Monday, Stephen McIntosh Organizations: Columbus Police Department, Coy, Protesters, Getty Locations: Columbus , Ohio, AFP, Columbus

☆ Man found guilty of killing 4 relatives, pregnant woman during fight about staying out late when he was a teen
▼ + stars: | 2024-10-29 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Ap-Live-Blog-Byline-Image.Png | The Associated Press | ) www.nbcnews.com time to read: +2 min

INDIANAPOLIS — An Indianapolis man was convicted of murder Friday in the shooting deaths of five people, including family members and a pregnant woman who was nearly due to give birth, prosecutors said. A jury deliberated about three hours before finding Raymond Childs III guilty of six counts of murder in the killings, the Marion County Prosecutor’s Office said. Childs, 21, was arrested a day after the January 2021 shooting inside an Indianapolis home. The attack killed Childs’ father, Raymond Childs Jr., 42; his stepmother, Kezzie Childs, 42; the couple’s daughter, Rita Childs, 13; son Elijah Childs, 18; and Elijah’s 19-year-old girlfriend, Kiara Hawkins, who died at a hospital along with her unborn son. Marion County Prosecutor Ryan Mears during a press conference, in downtown Indianapolis, on Jan. 28, 2021.

Persons: Raymond Childs III, Childs, Childs ’, Raymond Childs Jr, Kezzie Childs, Rita Childs, Elijah Childs, Kiara Hawkins, Ryan Mears, Mears, Raymond Ronald Lee Childs III, Jan, Grace Hollars, Prosecutors, ”, ” Mears, “, ” Childs Organizations: INDIANAPOLIS, Prosecutor’s Locations: An Indianapolis, Marion, Indianapolis

☆ Scandals in China and Australia hit Big 4 giant PwC, but global revenues reached a record high
▼ + stars: | 2024-10-29 | by ( Polly Thompson | ) www.businessinsider.com time to read: +3 min

After two scandals this year, PwC's business in the Asia-Pacific region has fallen. While PwC faced these regional setbacks, it hit record-high revenues and hired 10,000 new employees. AdvertisementAfter scandals in Australia and China this year, PwC has lost business in the Asia-pacific region. AdvertisementDespite the regional impact on the business, PwC posted an overall growth of 3.7% to reach record-high gross revenues of $55.4 billion. Like other leading consultancies, PwC has been hit by falling demand for consulting services, and its growth rate has slowed.

Persons: PwC, —, Mohamed Kande, Uber, we've Organizations: Service, Big, PwC, Google, Australian Financial, EY, Deloitte Locations: Asia, China, Australia, India

Gun violence in Philadelphia has become a national news story, but 22-year-old resident Isaiah Stanton knows about the gun crisis there firsthand. Gun violence remains the leading cause of death for kids and teens in the U.S.Karise and Jerel Crew. But he is also hesitant to declare that gun violence will or can end overnight. Kyle Mazza / Anadolu via Getty Images file“I lost my nephew to gun violence, two years ago now,” he said. The relationship between gun violence and the Black community is troubled, with disproportionate numbers of police shootings and community shootings leaving lasting consequences around the country.

Persons: Isaiah Stanton, Ronald Wimberley, Wimberely, Naomi, ” Stanton, “, ” Ronald Wimberly's, Kimberly Jones, Ronald, Stanton, ”, ” Isaiah Stanton, Jerel, Karise Crew, we’re, ” Karise, Crews, Jeffery Young Jr, Young, Kyle Mazza, ” Young, Ronald ., Kimberly Jones Stanton, he’s Organizations: Citizen, NBC, Karise, Department of Justice, Johns Hopkins Center for Gun, Solutions, Philadelphia, Philadelphia City Council, Trump, Getty, City Council Locations: Philadelphia, U.S, “, Pennsylvania, Philly, Anadolu

☆ How US enterprises drive digital sales with seamless and scalable payment solutions
▼ + stars: | 2024-10-28 | by ( ) www.businessinsider.com time to read: +5 min

Companies must consider customers' desire for local payment methods, frictionless transactions, and evolving government regulations. For both enterprises, a payment platform must do more than simply accept transactions: It must easily adapt to different markets, audiences, and regulatory environments. That's why they have chosen a single-source payment platform to help them innovate and grow. This included payment methods like Momo in Vietnam, Bank Transfer in Indonesia, Pix in Brazil, and UPI in India. Seamless payment processes drive businessEnterprises looking to grow need a payment partner that meets business requirements as well as consumer preferences.

Persons: Dave Wolf, Fubo, Erik Gerson, Adyen, Momo, we've, Wolf, tokenization, Gerson Organizations: Companies, Meta, Reality Labs, Fubo, UPI, tokenization, Insider Studios Locations: Vietnam, Indonesia, Pix, Brazil, India, Adyen

☆ Amazon's satellite spending has investors on edge. The payoff may be worth the wait
▼ + stars: | 2024-10-28 | by ( Paulina Likos | ) www.cnbc.com time to read: +10 min

For now, analysts and investors are looking to Amazon's third-quarter earnings report Thursday night for more clarity. Amazon hopes that Kuiper could bring broadband connectivity to some 400 million to 500 million households that currently lack it. Bank of America, on the other hand, estimates around $3.5 billion in Kuiper spending next year. The Kuiper spending estimates might seem steep, but the analysts aren't telling investors to dump shares. The "ultra-compact" version of the Project Kuiper Amazon

Persons: Jeff Marks, Andy Jassy, Kuiper's, Marks, Kuiper, Evercore, BofA, Morgan Stanley, Morgan Stanley's, Starlink, Elon Musk's, EBITDA, Jim Cramer's, Jim Cramer, Jim Organizations: Amazon, Web Services, AWS, Wedbush Securities, Federal Communications Commission, FCC, Bank of America, FactSet, SpaceX, Viasat, CNBC Locations: Amazon's

☆ Google reportedly paid $2.7 billion for a deal with Character.AI. Now, it's entangled in a lawsuit over a teen's suicide.
▼ + stars: | 2024-10-28 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +6 min

A mother is suing Character.AI after her son died by suicide moments after talking to its chatbot. Character AI's founders were re-hired by Google as part of a deal reportedly worth $2.7 billion. Garcia blames the chatbot for her son's death and, in the lawsuit against Character.AI, alleged negligence, wrongful death, and deceptive trade practices. AdvertisementAjder also said Character.AI had faced some public criticism over its chatbot before Google closed the deal. A Google spokesperson told Reuters the company was not involved in developing Character.AI's products.

Persons: Character.AI, —, Sewell Setzer, Megan Garcia, Garcia, Setzer, Jain, Megan Garcia's, Character.AI Character.AI, Noam Shazeer, Daniel De Freitas, Shazeer, De Freitas, Henry Ajder, wasn't, Ajder, it's Organizations: Google, Service, Business, BI, Tech, Law Project, Trust, Safety, Prevention, Street Journal, Reuters Locations: Character.AI

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