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The Federal Trade Commission is launching an investigation into so-called "surveillance pricing," seeking more information about how artificial intelligence is used to change pricing rapidly based on data about customer behavior and characteristics. The FTC says the practice allows companies to charge different customers, different prices. "Firms that harvest Americans' personal data can put people's privacy at risk," FTC Chair Lina Khan said in a news release. Kahn describes surveillance pricing as a "shadowy ecosystem of pricing middlemen." Mastercard said in a statement, "We will cooperate with the FTC in this process."
Persons: Lina Khan, Kahn Organizations: Federal Trade Commission, CNBC, Summit, FTC, Mastercard, JPMorgan Chase, Accenture, McKinsey, Home Depot, Tractor Supply, Hannaford, Puma Locations: Washington ,
CrowdStrike has issued its own guidance on what affected organizations can do in response to the issue. One example of that has been targeting Spanish-speaking CrowdStrike customers, the company said in a separate blog post. When opened, the file installs malicious software that phones home to a server the hackers control and may use to give additional instructions to the malware. “CrowdStrike Intelligence recommends that organizations ensure they are communicating with CrowdStrike representatives through official channels and they adhere to technical guidance the CrowdStrike support teams have provided,” the company said. “Bad actors routinely try to take advantage of current events, so it’s not all surprising to see them attempting to take advantage of this one,” Callow said.
Persons: CNN —, , CrowdStrike, Kenn White, , cybercriminals, Lina Khan, Azim Khodjibaev, Brett Callow, ” Callow Organizations: CNN, Department of Homeland Security, Infrastructure Security Agency, CrowdStrike Intelligence, Federal Trade Commission, Internal Revenue Service, Social Security Administration, FTC, Cisco, FTI Consulting
Villagers clean rubbish after torrential rains caused flooding in Meizhou, Guangdong province of China on June 19. John Ricky/Anadolu/Getty ImagesA man drives through a muddy street in the aftermath of flooding from heavy storms in Meizhou, Guangdong province last month. “All my hard work for a year has come to nothing.”A road is flooded following heavy rainfall in Jiangxi province on July 4. China’s government has mounted a top-down effort to revamp how the country responds to extreme weather in recent years after 2021 floods in Henan’s Zhengzhou killed more than 300 people. But there have been past issues of misappropriation of state recovery funds, for example following the deadly 2021 floods in Zhengzhou.
Persons: John Ricky, , Xi Jinping, it’s, , Tingshu Wang, , Hongzhang Xu, Typhoon Doksuri, Li Zhao Organizations: Hong Kong CNN, Getty, Communist Party, AFP, China’s Ministry of Emergency Management, Agricultural Television, Retailers, Workers, CNN Weather, ” Observers, Australian National University, Reuters, Greenpeace East, Locations: China, Hong Kong, sweltering Henan, Nanyang, speedboats, Meizhou, Guangdong province, Guangdong, AFP, Guangzhou province, Henan, Hunan, Lake, Henan’s Nanyang, Jiangxi province, Shaanxi, Sichuan, Hunan province's Changsha, Chongqing, Hainan, Zhengzhou, breadbasket, Jiangxi, Munich, Greenpeace East Asia, Beijing,
CNN —July’s full moon will shine bright in the sky this weekend — and lands near the anniversary of a special lunar event worth celebrating. The full moon — nicknamed the buck moon — will peak at 6:17 a.m. “The first moon landing was in the afternoon on (July 20, 1969), and then they did the moonwalk that night,” Petro said. Lunar discoveriesNASA’s Artemis program aims to return astronauts to the moon for the first time since Apollo 17 in 1972. Petro recommends observing the full moon with these recent findings and future space missions in mind.
Persons: CNN —, It’s, Noah Petro, ” Petro, , Neil, Armstrong, Aldrin, Michael Collins, Petro, , Artemis III Organizations: CNN, Reconnaissance, Artemis, NASA, Farmers Locations: Northern, Southern
Tomatoes are one of the biggest wedding food trends this year, especially for events during the late summer. Hamptons Aristocrat's tomato truck and display of dishes. "We have this new truck called the Tomato Truck," she said. "It's a red 1941 pickup truck, and we do a beautiful grazing station for the cocktail hour on it. "I think brides and grooms, and brides and brides, and grooms and grooms, are feeling like they can be a little more out of the box with their menus, and that's so fun to us," she continued.
Persons: Ritsch, it's Organizations: Hamptons Locations: Italy
Instead of getting a young company with a lot of growth ahead, IPO investors are getting stocks that are already near the top of their valuations, Morgan Stanley argues. Experts say that despite barriers to investment — like high net worth standards and regulatory scrutiny — the shift to private markets is hard to stop. Deepwater offers venture capital funds that provide access to private market companies at early stages. To be sure, novice investors face hurdles exploring private markets, including steep fees and the lack of a public exchange investment vehicle. He added that public markets are still ripe with opportunity and shouldn't be ignored for the sake of private market investing.
Persons: Morgan Stanley, Edward Stanley, That's, Stanley, who's, Gene Munster, Paul Meeks, Meeks, Munster, shouldn't Organizations: Asset Management, Piper, Deepwater, Management, Federal Locations: Snowflake, Airbnb, London, Munster
And Urban Decay was the first brand to have all recycled paper cartons," she told BI. "So it's not like Caliray's wellness and sustainability is a 180 departure from Urban Decay. Wende Zomnir at an Urban Decay party in 2018. Wende Zomnir CalirayStarting fresh with CalirayConceptualizing a new makeup brand with a California aesthetic was a no-brainer for Zomnir. While on the road promoting Urban Decay, she noticed that people asked her the same questions: What's California like?
Persons: I'm, Zomnir, she's, Calvin Klein, Elizabeth Arden skincare, Leo Burnett, Sandy Lerner, Lerner, she'd, Wende, Han Myung, Carol Hamilton, Tara Simon, Caliray's mascara, Caliray, There's, She's Organizations: Business, Leo, Leo Burnett Worldwide, Cisco Systems, Beauty Independent, Urban, Fast Company, BI Locations: New Jersey, she's, Newport Beach , California, It's, Texas, California, Sandy, L'Oréal, Sephora
McGaha started plotting her move abroad as soon as she turned 18. "Travel started as a coping mechanism for me to stay excited about life and heal after surviving such a horrific experience and losing my dad," McGaha says. One of her friends suggested she look at teaching jobs in Budapest, Hungary, noting the teacher shortage there and the short visa processing timeline. Her teaching contract included a furnished one-bedroom apartment in Budapest, with a monthly stipend to help cover rent and utilities. Photo: Bence BamerSince moving to Budapest — and losing her teaching job — McGaha has had to apply for several different visas.
Persons: Denae McGaha, McGaha, McGaha's, Ronnie, , expats, — McGaha, she's, She's, hasn't Organizations: United States —, Budapest — Locations: Harvest , Alabama, Europe, London, Copenhagen, Whidbey, Washington, Budapest, Hungary, United States, American, Covid, ., Instagram, Philadelphia, Budapest's 5th, Hungarian, Seattle
Delighting in the Lavender Fields of Central Spain
  + stars: | 2024-07-10 | by ( Shaan Merchant | ) www.nytimes.com   time to read: +1 min
A day in Brihuega during the lavender bloom requires only one set plan: Get to the fields by sunset, to view an unexpected, lush swath of purple as far as the eye can see, with the orange glow of the Spanish sun directly behind it. But each year in summer, on fields where some of the bloodiest battles of the Spanish Civil War were once fought, those colors change with the bloom of a thousand hectares of lavender, the equivalent of about 2,500 acres or 3,000 American football fields. In the past decade, the lavender harvest has revitalized Brihuega, drawing welcomed visitors — and their euros — with natural beauty rivaling vacation favorites like Provence in France. “Not to say anything bad about the French, but the Spanish, we’re maybe more — dicharacheros,” said Ángel Corral Manzano, the town’s major lavender farmer, using a difficult-to-translate Spanish term that means outgoing and talkative. “We’re very eager, excited to welcome you.”
Persons: , , Ángel Corral Manzano, We’re Locations: Brihuega, Guadalajara, Madrid, Provence, France
“Life expectancy in Italy is 82.7 years, while in the US it’s 79,” he says. For Thomas, life in Latronico fits in with his artistic philosophy. Slower pace of lifeThomas was influenced by the region’s healthier, slower-paced lifestyle and hopes that living here will increase his life expectancy. Thomas hopes to transform the second “move-in-ready” home into a multi-purpose arts complex, with accommodations for visiting international youth and adult artists. “In Latronico, I can do both.”While he says he loves Latronico, Thomas has discovered that life in a remote rural village in southern Italy isn’t always as idyllic as it seems.
Persons: Bingwa Thomas, Thomas, , ” Thomas, , Vincenzo Castellano, don’t, Vincenzo Castellano Latronico’s, Latronico’s, he’s, he’d, Thomas ’, , Latronico, Italy isn’t Organizations: CNN, World Health Organization, CNN Travel, , Locations: Italy, Kansas City, Latronico, Italy’s, Basilicata, United States, Los Angeles, Africa, America, Europe, Ireland, Amsterdam, Kreuzberg, Varrazzo, Cameroon, Senegal
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe AI infrastructure build will continue for a couple more years, says tech investor Paul MeeksPaul Meeks, Harvest Portfolio Management co-CIO, joins 'Squawk Box' to discuss the state of the tech sector, investing in the future of AI, and more.
Persons: Paul Meeks Paul Meeks Organizations: Management
Wall Street is sticking with semiconductor stocks after its hot start to the year. SMH YTD mountain Share performance in 2024 That said, many investors and analysts expect another strong glide path for the industry in the second half. "The AI theme continues to remain very strong," said CFRA Research analyst Angelo Zino, who holds a buy rating on Nvidia. Many on Wall Street view this upcycle as a significant tail wind for Micron Technology as the industry edges out of its trough. But many on Wall Street viewed the sell-off as a buying opportunity , with Goldman Sachs analyst Toshiya Hari expecting market share gains in high-bandwidth memory.
Persons: frothiness, Angelo Zino, you've, Ken Mahoney, John Belton, we're, Management's Paul Meeks, that's, Harlan Sur, Baird, Ted Mortonson, Jeff deGraaf, CNBC's, Gabelli's Belton, Belton, Meeks, Goldman Sachs, Toshiya Hari, Hari, CFRA, Zino, Baird's Mortonson Organizations: VanEck Semiconductor, Nvidia, Devices, CFRA, Gabelli Funds, Broadcom, JPMorgan, KLA Corp, Cadence Design Systems, Micron Technology, Micron, Qualcomm, Apple Locations: unchartered
But health professionals are warning consumers not to take medical advice from the same companies trying to sell them food, supplements and other consumables. “People who are on (GLP-1 drugs) eat less calories. Daily Harvest, a meal kit service, has a GLP-1 food collection. In May it announced a new line of frozen meals called Vital Pursuit, pitching the brand to users of weight loss drugs. Some taking GLP-1 drugs have reported losing hair and muscle.
Persons: Ozempic, JP Morgan, , , Donny Kranson, GLP, Nestlé’s, Jorge Moreno, Jody Dushay, Tom Little, “ I’m, , 1nutrition.com, Atkins, Robert Atkins, Nestlé, Mark Schneider, Marie Callender’s, Slim Jim, Orville Redenbacher’s, Tom McGough, William Dietz Organizations: New, New York CNN, , Vontobel Asset Management, GNC, Nestlé, Visitors, Yale School of Medicine, Physicians, Harvard Medical School, Danone, Bloomberg, STOP, George Washington University Locations: New York, United States, Switzerland, Novo Nordisk's, Hillerod, Denmark, what’s, Conagra, GLP
“Without Nepal, Japan would not function.”The yellow flowers of the paperbush shrub seen in Dolakha, Nepal, in December 2023. Its bark has long, strong fibers that are perfect for making thin yet durable paper, according to the Kantou website. But as the shortage of Japanese paperbush became evident in the following years, Kanpou and the Nepali farmers ramped up production until they became the main source of the yen bill. It’s a protracted process, said Matsubara: farmers plant seedlings in early summer, harvest their branches in the fall, then spend several months processing the bark through steaming, peeling, washing and drying. The profits from the paperbush sales have provided a new revenue stream to Nepali communities, said Matsubara.
Persons: , , Tadashi Matsubara, Matsubara, Tadashi Matsubara Kanpou, It’s, it’s, Eiichi Shibusawa, , Kanpou Organizations: Tokyo CNN — Banks, Kanpou, , National Printing Bureau, Kyodo, Bank of Japan, Observatory, Ministry of Economy, Trade, Industry, government’s Japan International Cooperation Agency, CNN Locations: Japan, Nepal, China, Dolakha, Everest, Tokyo, Farmers, Kathmandu, Indian, Kolkata, Yokohama, Odawara, Ilam, Nepal’s Ilam
Yet, there are arguments that the potential problems caused by shark feeding tourism are outweighed by the benefits. When it comes to migratory patterns, the science is limited but points to shark feeding having a negligible effect on their movement. As long as there are sharks in the ocean, I’ll be diving in – hoping to cherish them in person. CNNOpponents of shark feeding will also point to several fatal accidents during shark dive tours, including one late last year. As long as there are sharks in the ocean, I’ll be diving in — hoping to cherish them in person.
Persons: Boris Sanchez, Anderson Cooper, you’re, I’m, it’s, I’ve Organizations: CNN, Central, Tiger, chum, Zoological Society, Saturn Locations: Washington , DC, Bahamas, bonito, , Australia,
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Farm-to-table dining is a way of life in France, both in restaurants and at homeI shop at farmers markets regularly. Related storiesWith two farmers markets weekly per neighborhood in Paris, I also now think in terms of seasons when it comes to food. Kasia DietzOne of the most significant lifestyle changes I've made since moving to Paris is connected to sustainability. To further celebrate local design, I even lead custom fashion tours to introduce visitors to unique and ethically-minded Parisian brands.
Persons: , Mais, I'm, Kasia Dietz, I'd, me, I've Organizations: Service, Paris ., EU, Business, New Yorker Locations: Paris, France, New York City, New York, Bordeaux, Burgundy, Candelaria, moonlighting, Western Europe, New
MU YTD mountain Micron shares this year Nvidia's seemingly limitless rally stalled in recent sessions as investors took a break from semiconductor stocks. While it isn't a given that CEO Jensen Huang shows up at Nvidia's meeting, any commentary could provide an impetus for the stocks. Meeks noted that recent comments from Huang about AI chips during a trip to Asia spurred a bounce in shares. Comments could boost sentiment and convince investors the chip behemoth has yet to reach peak revenue, he added. Meeks called the selloff in chip stocks overdone, viewing a long-term runway for the AI theme at a reasonable valuation.
Persons: You've, Paul Meeks, Jensen Huang, Meeks, Huang, Meeks —, Harlan Sur, Christopher Danely, I'm Organizations: Nvidia, Micron Technology, Portfolio Management, MU, Micron, Broadcom, Qualcomm, JPMorgan, Citi Locations: Asia
Firms like Correlation Ventures, 645 Ventures, and Fly Ventures have long used data and AI to help guide investment decisions. AdvertisementEarlier this year, Sri Chandrasekar, a partner at Point72 Ventures, noticed a startup in his portfolio was having a breakout week. Related stories"If you go to any venture firm's website, you'll find that half the names are not doing anything to do with investing," Chandrasekar said. Advertisement"If you look at the large firms, they got very, very large in the last few years," said Andy McLoughlin, managing partner at Uncork Capital. Venture firms will have to remake themselves into a combination of people and A.I."
Persons: , Matt Krna, Krna, Sri, Chandrasekar, Christina Melas, Andreeseen Horowitz, Andy McLoughlin, James Currier, Currier, McLoughlin Organizations: Service, Business, Ventures, Fly Ventures, Point72 Ventures, Bain Capital Ventures, Bain Capital, Catalyst, Lightspeed, Uncork, Venture, Deloitte, San Locations: San Francisco, Sri Chandrasekar
CNN —Despite its name, June’s full moon will not look like a strawberry. But the bright orb could still turn heads Friday night with an appearance that is bigger and more colorful than the average moon. Since a full moon is opposite the sun, this strawberry moon will shine lower in the sky than usual, according to NASA. Native American tribes across North America gave the strawberry moon its name to mark the in-season ripeness of strawberries, according to The Old Farmer’s Almanac. For optimal viewing, Dyches recommends looking when the moon is rising or setting to see the effects of the moon illusion.
Persons: , Preston Dyches, Dyches, don’t, it’s, ” Dyches, , Vega, Buck Organizations: CNN, Northern, NASA, Jet Propulsion Laboratory, North America Locations: Pasadena , California, North, Alaska, Denmark, Northern
Out west, Denes hopes to plant seeds of community with the help of the project’s host, Tinworks, an arts organization in the rapidly developing city of Bozeman. “Wheat is wonderful — it sustains humanity and is probably the most planted food next to rice. Jenny Moore/TinworksSome 200 packets of wheat were also distributed among Bozeman residents to grow concurrently with Denes' field. “Can you imagine if I could have realized 20 or 30?”Sowing seeds for changeAs with “Wheatfield,” seeds have often served as potent symbols for Denes. Courtesy Agnes Denes/Leslie Tonkonow Artworks + ProjectsWith “Wheatfield – An Inspiration,” like with all her work, Denes strives for nuance and to engender change through visitors and participants who take something meaningful from the work.
Persons: Agnes Denes, , CNN —, Denes, Bozeman . Wheat, ” Denes, , Blair, Jenny Moore, Tinworks, Kenny Van Dyke, , ” Moore, Agnes, Moore, I’d, it’s, Leslie Tonkonow, Organizations: CNN, Art Basel, Bozeman ., Bozeman, Tinworks, Montana, Locations: Lower Manhattan, Montana, Wheatfield, Budapest, New York, Battery Park City, Milan, Switzerland, Bozeman, Montana State, Ylojarvi, Finland, , Sullivan County , New York, Lewiston, Niagara, Long Island , New York, Kassel, Germany, Istanbul, Egypt, Queens , New York, “ Wheatfield
The ban on bump stocks overturned by the Supreme Court on Friday was a rarity in an era of deep division over gun violence: a restriction that won support from Democrats, Republicans and even the National Rifle Association. Bump stocks are attachments that allow a semiautomatic rifle to fire faster. The effort to limit them, which former President Donald J. Trump put in place by executive order in 2018, gained support after a gunman killed 60 people at a concert in Las Vegas. What happened in Las Vegas? The gunman killed 58 people and himself that night.
Persons: Donald J, Trump Organizations: Republicans, National Rifle Association Locations: Las Vegas, Mandalay
Tech giant Apple has made headlines this week following its artificial intelligence announcements — but one market watcher is unimpressed. "I do not like Apple," Paul Meeks, co-chief investment officer at Harvest Portfolio Management told CNBC's "Street Signs Asia" on Tuesday — while acknowledging that many people disagree with him. Apple's shares reacted positively to the announcement, surging 7% to close at a record high on Tuesday. Shares in the tech giant are up over 10% year-to-date and 16% in the past 12 months. AAPL YTD mountain Year-to-date shares in Apple Meeks, however, maintains his bearish stance on Apple.
Persons: Paul Meeks, CNBC's, , wearables, Siri, OpenAI's ChatGPT, Apple Meeks, Meeks Organizations: Tech, Apple, Portfolio Management, Wall
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailApple will continue to struggle without a large acquisition: Paul MeeksPaul Meeks of Harvest Portfolio Management remains bearish on Apple and says the company's announcements at Worldwide Developers Conference were "as expected."
Persons: Paul Meeks Paul Meeks Organizations: Apple, Worldwide Developers
Foraging on Public Lands Is Becoming More Limited
  + stars: | 2024-06-11 | by ( Jim Robbins | ) www.nytimes.com   time to read: 1 min
Beneath a row of fir trees River Shannon Aloia walks along a remote dirt road on national forest land, scanning the ground for morels. The search pays off for Ms. Aloia, an avid forager: She spies a solitary honey-colored morel, and plucks it. “You are out in the woods using all of your senses. And it’s gratifying when you can identify something and take it home and prepare it for your family.”Spring in the northern hemisphere is a favorite time of year for foragers like Ms. Aloia. It is especially popular in the American West because of the millions of acres of publicly owned lands that give foragers the freedom to roam and harvest to their liking.
Persons: Aloia, morel, Locations: Jasper, American
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNvidia will remain 'top dog' in the AI chip battle, says tech investor Paul MeeksPaul Meeks, Harvest Portfolio Management co-CIO, joins 'Squawk Box' to discuss the AI chip competition between Nvidia, AMD and Intel, which company has the upper hand in the AI chip battle, and more.
Persons: Paul Meeks Paul Meeks Organizations: Nvidia, Management, AMD, Intel
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