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☆ Jordan Chiles appeals ‘unfair’ decision that cost Olympic medal
▼ + stars: | 2024-09-16 | by ( Thomas Schlachter | Kevin Dotson | ) edition.cnn.com time to read: +2 min

CNN —Jordan Chiles filed an appeal of the decision that led to the US gymnast being stripped of an Olympic bronze medal, her attorneys announced Monday. Chiles was stripped of her first individual Olympic medal after the Romanian gymnastics team challenged the decision to revise her final score in the floor exercise to the Court of Arbitration for Sport (CAS). Chiles has now opted to appeal CAS’ decision to the Federal Supreme Court of Switzerland – where CAS is based. “Jordan Chiles’ appeals present the international community with an easy legal question—will everyone stand by while an Olympic athlete who has done only the right thing is stripped of her medal because of fundamental unfairness in an ad-hoc arbitration process? The United States Olympic and Paralympic Committee (USOPC) said they are determined to see Chiles receive the recognition she deserves.

Persons: CNN — Jordan Chiles, Chiles, Romania’s Ana Bǎrbosu, ”, “, “ Jordan Chiles ’, Maurice M, Suh, ” Suh, Jordan’s, Jordan, “ Chiles Organizations: CNN, Sport, CAS, Federal, United States Olympic, Paralympic, CNN Monday Locations: Romanian, Switzerland

☆ Chemical toxins from food processing migrate into our bodies, study says
▼ + stars: | 2024-09-16 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +11 min

“The study also shows that food contact materials can contain mutagenic chemicals that harm our DNA, such as heavy metals,” Wagner said. Another chemical group in food packaging that has migrated into people is phthalates, the research revealed. “We’ve got, say, 60 years of research into the migration of chemicals into food from food processing and packaging equipment. “Given that there are (tens) of thousands of food contact chemicals, biomonitoring programs do not have the capacity to test for all chemicals we are potentially exposed to,” Wagner said. “However, there are also important gaps that need to be addressed as we undertake the work to strengthen our food chemical safety activities,” he said.

Persons: ”, Martin Wagner, Wagner, Jane Muncke, ” Muncke, Muncke, “, ” Wagner, “ We’ve, It’s, there’s, Melanie Benesh, you’re, ” Benesh, GRAS, Jim Jones, Benesh Organizations: CNN, Norwegian University of Science, Technology, Food Packaging, Getty, American Chemistry Council, National Institute of Environmental Health Sciences, National Academies of Sciences, Engineering, Medicine, US National Health, Canadian, Korean National Environmental Health Survey, National Health, Environmental, Food and Drug Administration, FDA, US, Committee, Energy Locations: Trondheim, Zurich, Switzerland, phthalates, PFAS, Europe, Biomonitoring California, United States

☆ Germany angers European neighbors as it tightens migration along all land borders
▼ + stars: | 2024-09-16 | by ( Sophie Tanno | ) edition.cnn.com time to read: +3 min

CNN —Germany has begun new controls at all of its land borders as part of a crackdown on migration, placing restrictions on a wide area of free movement known as the Schengen Zone and stirring anger among its European neighbors. From Monday, as well as existing border controls with Austria, Switzerland, the Czech Republic and Poland, Germany will now also have internal border controls with France, Luxembourg, the Netherlands, Belgium and Denmark. Berlin will have the power to reject people at all land borders, a statement from the Interior Ministry said. The move marks how far Germany has shifted in recent years on the flashpoint issue of migration. Under European Union rules, member states have the ability to temporarily reintroduce border control at internal borders in the event of a serious threat to public policy or internal security.

Persons: Angela Merkel, Maja Hitij, Nancy Faeser, Donald Tusk, “, ”, Chancellor Olaf Scholz, Ukraine – Organizations: CNN, Schengen, Interior Ministry, Union, Poland’s, Germany, Germany’s, Migration, ISIS Locations: Germany, Austria, Switzerland, Czech Republic, Poland, France, Luxembourg, Netherlands, Belgium, Denmark, Berlin, Kenya, Polish, Warsaw, Greece, Europe, East, Ukraine, Solingen

☆ The illegal maneuvers the rich use to get richer
▼ + stars: | 2024-09-13 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +8 min

Read previewTax evasion, insider trading, and money laundering. "There are routine categories of illicit acts that wealthy individuals often endeavor out of sheer greed," Matthew Barhoma, a Los Angeles defense attorney, told Business Insider. Insider trading is 'rampant' among some wealthy circlesAnother common unlawful method that some of the rich use to get richer is insider trading, according to the attorneys. Like insider trading, money laundering — a process used to conceal the source of illegally obtained cash — is another illicit tactic used by some wealthy individuals, according to the defense attorneys. "Having dealt a lot with people who devise these kinds of fraudulent financial transactions, I will say that many of them are absolutely brilliant," said Ressler.

Persons: —, Todd, Julie Chrisley, Chrisley, Mike, Matthew Barhoma, Barhoma, Tama Kudman, they've, Mark Ressler, he's, Uncle Sam, Kasowitz Benson Torres, it's, Kudman, Ressler Organizations: Service, Business, United States Treasury Department, Treasury Department, Defense, New Locations: —, Los Angeles, Switzerland, Cayman, New York City

☆ Canada and New Zealand are among the 10 best countries for a comfortable retirement—the U.S. didn't make the list
▼ + stars: | 2024-09-13 | by ( Celia Fernandez | ) www.cnbc.com time to read: +3 min

U.S. News and World Report ranked the best countries for a comfortable retirement in 2024. A recent U.S. News and World Report ranked the best countries for a comfortable retirement based on an international survey of nearly 17,000 people and a subset of 5,900 respondents in their mid-40s and older. Switzerland is the best country for a comfortable retirementFor the second year in a row, Switzerland is the best country for a comfortable retirement. The 10 best countries for a comfortable retirementSwitzerland New Zealand Portugal Australia Spain Canada Denmark Netherlands Sweden Luxembourg New Zealand is the No. 2 best country to retire comfortably, up two spots from last year.

Persons: New Zealand Beverly Goldschmidt, Istock Organizations: . News, U.S . News, U.S, European Union, Switzerland New Zealand, Switzerland New Zealand Portugal Australia Spain, Switzerland New Zealand Portugal Australia Spain Canada Denmark, New Zealand, Getty Locations: U.S, Florida, Delaware, United States, Mexico, Malaysia, Dominican Republic, Switzerland, Smartasset, New Jersey, Switzerland New Zealand Portugal, Switzerland New Zealand Portugal Australia Spain Canada, Switzerland New Zealand Portugal Australia Spain Canada Denmark Netherlands Sweden Luxembourg New Zealand, New Zealand, New

☆ Students and startups are building the next generation of space exploration technology
▼ + stars: | 2024-09-12 | by ( Amy Gunia | Woojin Lee | ) edition.cnn.com time to read: +2 min

Editor’s Note: Tech for Good is a series that highlights young innovators developing technology to improve our world. Cast your vote below to help us decide what projects to feature in a special episode of the show, airing in November. Today, private companies dominate space launches and tourism, but entrepreneurs across the world are working on technology to make space exploration cheaper, more sustainable, and more efficient. On campuses and in classrooms everywhere, students are working on ideas that could seed a new generation of startups. Innovation like this could be crucial to continue the revolution that’s gripped the space industry in recent decades.

Persons: Phil McAlister, McAlister, “, “ They’re, ” Organizations: Hong Kong CNN, SpaceX, Companies, CNN, Tech, ETH Zurich, Polytechnique Locations: Hong Kong, Switzerland, Japan, Canada

“Let’s have a good debate,” Harris said. The debate amounted to a missed opportunity for many Trump allies, who hoped that a solid performance would turn the page on Harris' "honeymoon" period. “She failed to meet the moment, with President Trump effectively reflecting the economic anxieties off Americans.”“Kamala’s joy doesn’t pay the grocery bills,” he added. “It is important that transgender individuals who rely on the state for care receive the treatment they need, which includes access to treatment associated with gender transition,” Harris wrote. In an early morning call-in to "Fox and Friends," Trump once again defended his debate performance and predicted Swift would regret her endorsement.

Persons: Kamala Harris, Harris, Donald Trump, strolled, “, ” Harris, ” Trump, Trump, Joe Biden, “ Kamala, ”, Matt Gaetz, Gavin Newsom, Sen, JD Vance, ” Elon Musk, Laura Ingraham, Harris “, Christopher Rufo, “ Harris, David Muir, Linsey Davis, “ I’m, Ed McMullen, Trump’s, Roe, Wade, ” McMullen, …, ’ Sean Hannity, ” Omeed Malik, Taylor Swift, ” Swift, Swift Organizations: Trump, Senate, “, Republican, MSNBC, PAC, Fox News, NBC News, ABC, Democratic, CNN, American Civil Liberties, California Department of Corrections, Rehabilitation, ” Fox, Wall Street, Fox Locations: Philadelphia, Florida, what’s, California, Ohio, South Carolina, Switzerland

☆ The 10 best foreign countries for a comfortable retirement, ranked
▼ + stars: | 2024-09-11 | by ( Noah Sheidlower | Jordan Pandy | ) www.businessinsider.com time to read: +1 min

Switzerland tops U.S. News & World Report's best countries for retirement. New Zealand, Portugal, and Australia also ranked high for a comfortable retirement. Switzerland once again topped this year's U.S. News & World Report's Best Countries for a comfortable retirement, as well as coming in at the top of the overall ranking of the best countries in the world. Though expensive, Switzerland ranked highly for safety, economic stability, healthcare, and retirement benefits. Switzerland also ranked third for quality of life and second for being business-friendly.

Persons: — Organizations: News, Service, U.S . News, Business Locations: Switzerland, New Zealand, Portugal, Australia, U.S

☆ Tadej Pogačar: ‘The odds are pretty good to have five Tours de France, but that’s not the goal I want’
▼ + stars: | 2024-09-11 | by ( George Ramsay | ) edition.cnn.com time to read: +8 min

“When I was younger, I was never thinking that I can win a stage in the Tour de France,” Pogačar tells CNN Sport. “After I won the first Tour de France – because that’s an ultimate goal in cycling – everything is more or less a bonus. “But three now, three Tours de France and maybe 10 more years of my career if I’m well. That includes one-day classics, which require an explosivity normally sacrificed by Tour de France contenders in favor of endurance. He said last year that Pogačar can “win everything” and called the young rider a “blessing” for cycling fans.

Persons: Tadej Pogačar, Jonas Vingegaard, la, Pogačar hadn’t, Pogačar, Marco Pantani, ” Pogačar, that’s, “ I’m, Marco Bertorello, Primož Roglič, Denmark’s Vingegaard, Jacques Anquetil, Eddy Merckx, Bernard Hinault, Miguel Indurain, Lance Armstrong –, –, ”, I’m, Jerome Delay, “, Urška Žigart, Komenda, “ Jonas, Stephane Mahe, Merckx, we’ve Organizations: CNN, de France, Tour de France, CNN Sport, ” UAE Team Emirates, France, Getty, Slovenian, Tours de, de, UAE Team Emirates, Tour de, Paris, Roubaix, Belgian, ”, Reuters Locations: Slovenia, AFP, Tours de France, de France, Milan, San Remo, Switzerland, Sierra Leone, Swiss, Zürich, Venice, Italy, Ljubljana, cycling’s, Slovenian

☆ The 10 best countries in the world, ranked
▼ + stars: | 2024-09-10 | by ( Jordan Pandy | Noah Sheidlower | ) www.businessinsider.com time to read: +1 min

Switzerland regained the top spot on U.S. News & World Report's list of best countries in the world. The 2024 rankings assessed 89 countries on factors including heritage, power, and entrepreneurship. European countries tend to offer the best quality of life, while the US excels at power and agility. AdvertisementFor the third year in a row, Switzerland was ranked the best country in the world. The 2024 rankings, released Tuesday, were determined by U.S. News & World Report, which partnered with the Wharton School at the University of Pennsylvania.

Persons: — Organizations: . News, Service, U.S . News, Wharton School, University of Pennsylvania, Commonwealth, Business Locations: Switzerland, Canada

☆ Visiting China in 2024: A guide to visas, mobile payments and more
▼ + stars: | 2024-09-10 | by ( Maggie Hiufu Wong | ) edition.cnn.com time to read: +20 min

We’ve put together a guide to some of the most frequently asked questions regarding China travel. China travel FAQsDo you need a visa to go to China? However, travelers visiting under these visa-free transit programs have more restrictions in terms of places they can visit. Exploring the country via China’s vast high-speed railway network is not an option for those entering under the two transit visa schemes. Beijing, China's capital city, accepts international travelers visiting under the 144-hour visa-free transit program.

Persons: it’s, ”, Denny Tian, Gabriela Correia, Correia, Tian, Greg Baker, Correira, ” Gabriela Correia, David Tucker, We’ve, John Seaton Callahan, China ’, Kevin Frayer, –, ” Correira, you’ve, Didi, Uber, Yan Cong, China’s Organizations: CNN, Immigration Administration, China, Google, Getty, “, Service, Shanghai Hongqiao, Hong Kong, Hong, Hong Kong Immigration, Travelers, Facebook, ”, Publishing, United, US, Baidu, Apple, China Railway, Bloomberg Locations: China, Beijing, Portugal, Shanghai, AFP, “, Hunan, Singapore, Thailand, Austria, Australia, Belgium, France, Germany, Hungary, Ireland, Italy, Luxembourg, Malaysia, Netherlands, New Zealand, Poland, Spain, Switzerland, New York, Japan, South Korea, United Kingdom, United States, Hong Kong, Macau, Jiangsu, Zhejiang, Asia, Tibet, Tibet Autonomous Region, Hainan, China's, Hawaii, ”, Canada

☆ More countries are openly flaunting their ties with Putin. They say it's just business.
▼ + stars: | 2024-09-09 | by ( Huileng Tan | ) www.businessinsider.com time to read: +7 min

Go to newsletter preferencesSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewRussian President Vladimir Putin is having a very social year as his country continues to wage war in Ukraine. So far, Putin has met top leaders from Asian countries including China, India, Vietnam, and Indonesia. Russia is the BRICS chair this year, and Putin has invited Mongolia to join the group's summit in October. Russia's push for a multipolar world order resonates with countries who desire a more equitable international order.

Persons: —, Vladimir Putin, Putin, Sean McFate, McFate, Anwar Ibrahim, Ukhnaagiin Khürelsükh, couldn't, Russia —, Serik, Li Qiang's, Syracuse University's McFate, it's, Derek Grossman, Grossman Organizations: Service, Syracuse University Maxwell School of Citizenship, Public Affairs, Business, Malaysian, Criminal, ICC, World Bank, European Union, NATO, Bloomberg, Moscow, Central, European, EU, United Nations, RAND, Foreign Locations: Ukraine, China, India, Vietnam, Indonesia, Russia, North Korea, Iran, Mongolia, Mongolian, Russia's, European, Sri Lanka, Turkey, Kazakhstan, Central Asian, European Union, Moscow, Beijing, Europe, Syracuse, Brazil, South Africa, Malaysia, Switzerland, United States

☆ Nations League Sunday review: Cristiano Ronaldo scores 901st career goal to rescue Portugal
▼ + stars: | 2024-09-09 | by ( Ben Morse | ) edition.cnn.com time to read: +3 min

CNN —Cristiano Ronaldo scored his 901st career goal on Sunday as he rescued a 2-1 victory for Portugal against Scotland in the UEFA Nations League. Portugal pushed for a winner, with Ronaldo striking the post and Scotland goalkeeper Angus Gunn twice denying João Félix with superb saves. It was his second goal in as many games during this international break, having scored his 900th career goal on Thursday against Croatia. Craig Williamson/SNS Group/Getty ImagesAfterwards, Fernandes – who was playing in his 600th career game – expressed how important Ronaldo was to the Portugal team. Full Nations League scores from SundayHome vs. away (winners in bold)Portugal 2-1 Scotland – League A, Group 1Croatia 1-0 Poland – League A, Group 1Denmark 2-0 Serbia – League A, Group 4Switzerland 1-4 Spain – League A, Group 4Slovakia 2-0 Azerbaijan – League C, Group 1Sweden 3-0 Estonia – League C, Group 1Luxembourg 0-1 Belarus – League C, Group 3Bulgaria 1-0 Northern Ireland – League C, Group 3Gibraltar 2-2 Liechtenstein – League D, Group 1

Persons: CNN — Cristiano Ronaldo, Scott McTominay’s, Bruno Fernandes, Ronaldo, Angus Gunn, João, Nuno Mendes, Al Nassr, Craig Williamson, Fernandes –, –, ” Fernandes, Cristiano, ”, Luka Modrić, Modrić, Damir Sencar, Fabián Ruiz, Robin Le Normand, Amdouni, Ferran Torres ’ Organizations: CNN, 901st, Portugal, Scotland, UEFA Nations League, Croatia, Real Madrid, Manchester United, Juventus, Sporting Lisbon, SNS, Getty, Reuters, Nations League, League, Poland, La Roja, Nations, Sunday, –, Poland – League, Serbia – League, Spain – League, Azerbaijan – League C, Estonia – League C, Belarus – League C, Ireland – League C, Liechtenstein – League Locations: Lisbon, Portugal, AFP, Spain, Switzerland, Joselu, Croatia, Poland, Denmark, Slovakia, Sweden, Luxembourg, Bulgaria, Gibraltar

☆ Stocks making the biggest moves midday: Palantir Technologies, Summit Therapeutics, JetBlue Airways and more
▼ + stars: | 2024-09-09 | by ( Sean Conlon | ) www.cnbc.com time to read: +2 min

Check out the companies making headlines in midday trading: Palantir Technologies , Dell Technologies — Palantir and Dell jumped 14% and nearly 4%, respectively, following the announcement after the bell Friday that both stocks would join the S & P 500 before the open on Sept. 23. Palantir is set to take American Airlines' spot, while Dell is going to replace Etsy. JetBlue Airways — The airline stock popped around 7% after Bank of America analyst Andrew Didora upgraded the firm to neutral from underperform. Cannabis stocks — Cannabis stocks moved higher after former President Donald Trump said in a Truth Social post that he will support legalizing adult marijuana use in Florida. A logo outside the Palantir Technologies pavilion ahead of the World Economic Forum in Davos, Switzerland, on Jan. 15, 2024.

Persons: Dell, Merck's, Andrew Didora, Didora, Arm's, Donald Trump, —, Alex Harring, Hakyung Kim, Yun Li, Jesse Pound, Michelle Fox, Stefan Wermuth Organizations: Palantir Technologies, Dell Technologies, American Airlines, Etsy, Therapeutics, Merck, JetBlue Airways —, Bank of America, JetBlue, Boeing, Citi, Federal Reserve, Arm Holdings, Financial, Apple, Monday, United States Steel, JPMorgan, Nippon Steel, Tilray Brands, Cannabis ETF, Economic, Bloomberg, Getty Locations: Florida, Davos, Switzerland

Italian phenom Jannik Sinner cast aside doping allegations and won his second Grand Slam title of the year, beating American Taylor Fritz 6-3, 6-4, 7-5 in the U.S. Open final Sunday in New York City. He won this year's Australian Open and reached the semifinals of the French Open and Wimbledon before he hoisted another trophy in Queens. Sinner's triumph denied Fritz, a San Diego-area native, his first major title and kept alive a two-decade-long streak of American men’s failing to win the biggest tennis tournament on U.S. soil. Fritz, 26, came close to Grand Slam titles with quarterfinal appearances at Wimbledon and the French Open this year and another round-of-eight visit to Wimbledon in 2022. Sunday's final culminated a U.S. Open rocked by the shocking second-round upset of Alcaraz and the surprising third-round loss by Djokovic, the defending champ.

Persons: Taylor Fritz, Sinner, Fritz, Sinner's, Andy Roddick, Spain’s Juan Carlos Ferrero, Switzerland’s Roger Federer, Spain’s Rafael Nadal, Serbia’s Novak Djokovic, Roddick, Argentina’s Juan Martin del Potro, Andy Murray, Croatia’s Marin Čilić, Stan Wawrinka, Austria’s Dominic Thiem, Russia’s Daniil Medvedev, Spain’s Carlos Alcaraz, Alcaraz, Djokovic Organizations: U.S, Tennis Integrity Agency, Wimbledon, Sunday's Locations: New York City, Queens, San Diego, U.S, Flushing

☆ A Swiss city cut red tape and ended up with many more homes. It's a model for the US.
▼ + stars: | 2024-09-07 | by ( Eliza Relman | ) www.businessinsider.com time to read: +7 min

Read previewAs part of her housing policy agenda, Democratic presidential nominee Kamala Harris has promised to "cut red tape and needless bureaucracy" to build millions of additional homes and bring down costs. Zurich, Switzerland offers the latest model. AdvertisementApartment buildings behind farm houses in Affoltern, just outside Zurich, Switzerland. One of the study's key findings is, "if you upzone, upzone a lot," said Simon Büchler, coauthor of the study and an assistant professor of finance at Miami University. A whopping 64% of Swiss residents live in apartments, compared to just 28% of US residents, and the country also has an especially comprehensive and well-connected public transportation network.

Persons: —, Kamala Harris, Michael Buholzer, Simon Büchler, upzoning, Büchler, Christian Hartmann, Matthew Maltman, who's, There's, Maltman Organizations: Service, Democratic, Business, Miami University, Reuters Locations: Zurich, Switzerland, Swiss, Canton of Zurich, Affoltern, New Zealand, Küsnacht, Lake Zurich, Canada, Europe, Australian

☆ U.S. financial markets, public companies are a growing target for Russian hackers
▼ + stars: | 2024-09-06 | by ( Cnbc.Com Staff | ) www.cnbc.com time to read: +2 min

People walk through the financial district by the New York Stock Exchange (NYSE) on August 14, 2024, in New York City. But one of the most damaging insider trading schemes in recent years can't be linked back to a U.S.-based trading floor or brokerage firm. As detailed in CNBC's new original podcast series "The Crimes of Putin's Trader," Russian entrepreneur Vladislav Klyushin's scam amassed more than $93 million as his cybersecurity firm M-13 was a front for Russian hackers to steal U.S. corporate earnings reports before they became public. Then, hackers traded based on those insights, buying and selling stock of well-known American companies like Tesla, Skechers, Snapchat and Roku. "Finances and banks and [the] financial sector itself is just one of the battlefields where the whole thing is happening."

Persons: Ivan Boesky, Martha Stewart, Mathew Martoma, Vladislav Klyushin's, Klyushin, Sandra Joyce, Eamon Javers, Javers, unconventionally, Vladimir Putin Organizations: New York Stock Exchange, SAC Capital Advisors, FBI, U.S, Department of Justice, Google, Intelligence, CNBC Senior Washington Locations: New York City, U.S, Russia, Russian, Switzerland, Eastern Europe

☆ NFL's games in Brazil, Europe are key to more revenue growth, Goodell says
▼ + stars: | 2024-09-06 | by ( Jessica Golden | ) www.cnbc.com time to read: +3 min

This season, the NFL will play five games abroad in Europe and South America. "The reality is, when we bring our brand of our regular season games here, it creates a whole new environment," Goodell said. Goodell said it has been a learning process playing games abroad, as the league sees how players handle long flights and different time zones. Some games are streaming exclusive, including Friday's matchup in Brazil, which will air on NBC's Peacock platform. Yet, Goodell said 85% of NFL games are still available on broadcast television.

Persons: Roger Goodell, CNBC's, Goodell, they'll Organizations: National Football League, NFL, Southern Hemisphere, Official NFL, Global, Miami Dolphins, Los Angeles Rams, Seattle Seahawks, CNBC, Fox, ESPN, ABC, CBS, YouTube, Netflix Locations: South America, Sao Paulo, Brazil, Europe, London, Germany, Argentina, Colombia, South Korea, Japan, Canada, Austria, Switzerland

☆ I run a global tutoring business for rich families. To survive in this field, you have to ignore the wealth.
▼ + stars: | 2024-09-05 | by ( Lian Kit Wee | ) 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 previewThis as-told-to essay is based on a conversation with Adam Caller, the CEO and founder of Tutors International. A child from a socioeconomically disadvantaged background who's struggling and a child from enormous wealth who's struggling are still both children who are struggling. The teachers who stay with us long term are the ones who don't get changed by the wealth around them. But if they talk about how they can help the children, I know they speak the right language.

Persons: —, Adam, I'd, I've, We've, they've Organizations: Service, International, Business Locations: Switzerland, France, Greece, Italy

☆ Telegram CEO says he was ‘surprised’ by his arrest and interrogation
▼ + stars: | 2024-09-05 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +2 min

Durov was arrested at a Paris airport amid an investigation into suspected offenses related to criminal activity on Telegram, according to French prosecutors. Telegram, which Durov said had 950 million users, is used both as an everyday messaging tool and a way work around authoritative governments – but White supremacist groups and Isis also favor it. In the Telegram post Thursday, his first since his arrest, Durov acknowledged that the app’s “abrupt increase” in users caused growing pains that made it easier for criminals to abuse the platform. Durov noted the app refused to hand over “encryption keys” to Russia, resulting in a ban there. The app also was banned in Iran after the app refused to block channels used by protesters, he said.

Persons: Pavel Durov, Durov, Isis, We’ve, ” Durov, “, ’, ”, Francini, Emmanuel Miculita, Anna Chernova, Zahid Mahmood Organizations: New, New York CNN —, Prosecutors Locations: New York, Paris, Switzerland, Russia, Iran

☆ Russian watchmaker upends race to design world’s thinnest watch
▼ + stars: | 2024-09-05 | by ( Oscar Holland | ) edition.cnn.com time to read: +6 min

CNN —In recent years, the giants of European horology have been locked in a heated battle to design the world’s thinnest mechanical watch. The stainless steel watch presented by Konstantin Chaykin in Geneva last week is the second prototype of his ThinKing model. Konstantin Chaykin has applied for patents for his utra-thin winding barrel, double balance wheel and strap design. He welcomed outside assessment, telling CNN that during the five-day Geneva Watch Days fair “hundreds of people” were able to inspect his creation. He was inspired to make one after being challenged by a client to design an ultra-thin watch of his own.

Persons: Piaget, Richard Mille, Mark, Konstantin Chaykin, Chaykin, Konstantin, Indépendants, Bulgari, ” James Stacey, Konstantin haykin Chaykin, ”, “, tinker, С . Organizations: CNN, Records, Visitors Locations: European, Russian, Moscow, Geneva, Switzerland, Swiss

☆ Microsoft dodges in-depth UK probe into hiring of staff from AI firm Inflection
▼ + stars: | 2024-09-04 | by ( Ryan Browne | ) www.cnbc.com time to read: +4 min

Mustafa Suleyman, co-founder and chief executive officer of Inflection AI UK Ltd., speaks at the World Economic Forum in Davos, Switzerland, on Jan. 18, 2024. In March, Microsoft announced the hiring of Suleyman from Inflection, along with a number of other key employees at the firm. Suleyman was appointed Microsoft's executive vice president and CEO of Microsoft AI. The CMA had not previously spelled out exactly how the hiring of Inflection AI employees could undermine competition. The Inflection arrangement isn't the only pact with a Big Tech company and AI startup that regulators in the U.K. are assessing.

Persons: Mustafa Suleyman, DeepMind, Suleyman, Karen Simonyan, Simonyan Organizations: Ltd, Economic, LONDON, U.K, Markets Authority, Microsoft, Windows, DeepMind, Google, CMA, CNBC Wednesday, Reuters, Street Journal, Big Tech, Amazon, Federal Trade Commission Locations: Davos, Switzerland, U.S, Britain, Redmond, Washington

☆ How the CIA tries to recruit Russians to spy on their country
▼ + stars: | 2024-08-30 | by ( Cnbc.Com Staff | ) www.cnbc.com time to read: +1 min

At the CIA's covert training facility near Williamsburg, Virginia, commonly called "The Farm," recruits are trained in the world of espionage and the many ways to get people to provide secret information. "We are in the head-hunting business, as we call it," Olson said. "We have to find individuals that we can induce to cooperate equally with us to give us their secrets." After Klyushin was arrested in Switzerland by U.S. authorities, one of the claims his lawyer made was that American intelligence officers had attempted to recruit Klyushin as a spy for the U.S. upon meeting him for the first time. However, as Olson explained to Javers, the way that intelligence officials approach that process is far different, something that he called "the recruitment cycle."

Persons: Jim Olson, —, Eamon Javers, Olson, Javers, Vladislav Klyushin, Klyushin Organizations: Counterintelligence, Central Intelligence Agency, CIA, CNBC Senior Washington Locations: Williamsburg , Virginia, Moscow, Russian, U.S, Switzerland, American

☆ Travel news: World’s best city for nightlife, according to Time Out
▼ + stars: | 2024-08-24 | by ( Maureen O'Hare | ) edition.cnn.com time to read: +4 min

Editor’s Note: Sign up for Unlocking the World, CNN Travel’s weekly newsletter. Get the latest news in aviation, food and drink, where to stay and other travel developments. CNN —In travel news this week: the world’s best party spots, the city taking a stand against electric scooters, plus the story of how the world’s tallest bridge transformed a continent. Best nightlife citiesSun, sea and samba: Rio de Janeiro in Brazil has been declared the best place in the world to party right now, according to Time Out’s new survey of thousands of people worldwide. The best place to party in Europe, unsurprisingly, is Germany’s legendary clubbing capital Berlin.

Persons: Dolly Parton —, we’ve, Dolly Parton, you’ve, James Beard, Harry Styles, they’ve Organizations: CNN, Rio, •, CNN CNN Travel, Wall Street Locations: Rio de Janeiro, Brazil, Manila, Philippines, Europe, Berlin, Melbourne, New Jersey, Monterey , California, California, Knoxville , Tennessee, Tennessee

☆ Workday stock gains as software provider widens 2027 margin target
▼ + stars: | 2024-08-23 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

Subscription revenue growth grew 17%. With respect to guidance, Workday is now looking for an adjusted operating margin of 25.25% in the 2025 fiscal year, compared with the 25% forecast it provided in May. In September 2023, Workday said it was targeting a 25% adjusted operating margin for fiscal year 2027 and subscription revenue growth between 17% and 19%. Deutsche Bank analysts led by Brad Zelnick increased their 12-month price target on Workday stock to $275 from $265. "The increased 30% operating margin target was the big upside surprise as it is now committed both sooner and greater than most were expecting," the analysts wrote.

Persons: Carl Eschenbach, Zane Rowe, Rowe, We're, Brad Zelnick, Piper Sandler, Jerome Powell, Carl Eschenbach didn't, Julie Biel Organizations: Deutsche Bank, Citi, Evercore ISI, Computing Fund Locations: Davos, Switzerland

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