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☆ 2023 on track to be the hottest year as September shatters heat records
▼ + stars: | 2023-10-04 | by ( Laura Paddison | ) edition.cnn.com time to read: +5 min

CNN —The Northern Hemisphere may be transitioning into fall, but there has been no let up from extreme heat. New data shows last month was the hottest September – the fourth consecutive month of such unprecedented heat – putting 2023 firmly on track to be the hottest year in recorded history. That’s well above the 1.5 degrees Celsius threshold to which countries aim to limit global warming under the Paris Climate Agreement. The extreme September “has pushed 2023 into the dubious honor of first place – on track to be the warmest year and around 1.4 degrees Celsius above pre-industrial average temperatures,” Burgess said. The significant margin by which heat records are being broken matters, she told CNN.

Persons: Copernicus, ”, Samantha Burgess, Paulo Amorim, Zeke Hausfather, Maximiliano Herrera, ” Herrera, Chris Ratcliffe, ” Burgess, El Niño, Friederike Otto, ” Otto Organizations: CNN, Bloomberg, Oceanic, Atmospheric Administration, Grantham Institute, Climate, “, United Locations: Paris, Libya, Greece, Bulgaria, Turkey, Canada, South America, York, Brazil, Spain, Poland, Austria, France, Europe, London, Dubai, United Nations, COP28

☆ People are criticizing a major women-in-tech event, saying its jobs fair was dominated by pushy men
▼ + stars: | 2023-10-02 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +6 min

People are criticizing a women's tech conference after it was flooded by men. AdvertisementAdvertisementA tech conference celebrating women and non-binary people in computer science sparked a backlash after people said it was dominated by men. "Instead of feeling inspired and energized, I feel drained and overwhelmed," one woman named Nandini Agarwal wrote, saying she waited in line for hours to get in. "Chaos was the word of the day," wrote a woman named Preeti Ladwa. Another woman named Nivrithi Garimella said left one line "due to unchecked men displaying aggressive behavior, ganging up to trample women completely."

Persons: Grace Hopper, —, Gabby, Lily Li, It's, Li, Nandini Agarwal, I've, Preeti Ladwa, Nivrithi Garimella, AnitaB, Bo Young Lee Organizations: Service, US Navy, AnitaB Locations: Computing, Orlando

☆ Saudi Arabia is pouring billions into soccer, golf, and Formula 1. Its crown prince doesn't care if anyone calls it 'sportswashing.'
▼ + stars: | 2023-09-30 | by ( George Glover | ) www.businessinsider.com time to read: +9 min

Saudi Arabia is pouring billions into sports in a bid to transform its economy. Crown Prince Mohammed bin Salman has made the sector a key part of his Vision 2030 plan. But the reality is that the crown prince has a grander ambition: to level up Saudi Arabia's economic growth. "But Saudi Arabia is piling into other sports too, because they want to achieve a lot in a short period of time." AdvertisementAdvertisementAs Crown Prince Mohammed made clear last week, all this forms part of a broader strategy to supercharge Saudi Arabia's economy through investment.

Persons: Prince Mohammed bin Salman, bankrolled, —, Cristiano Ronaldo, Phil Mickelson, Anthony Joshua, –, Jamal Khashoggi, they've, Steve Luciano, AP Ronaldo, Al Nassr, Ballon, Karim Benzema, Neymar, Sadio, PIF, LIV Golf, Mickelson, Dustin Johnson, Brooks Koepka, LIV, Joshua, that's, Tyson Fury, Oleksandr Usyk, Frank Warren, Prince Mohammed, Mohammed bin Salman, Leon Neal, Simon Chadwick, Chadwick, megastars, Ronaldo –, Salman, bin Salman, Saudi Arabia –, St Andrews, Nick Kyrgios, who've, Elsa, he'd, they'll Organizations: Newcastle United, Service, Washington Post, Saudi, Investment Fund, Premier League, UEFA Champions League, Saudi Public Investment Fund, Newcastle, AP, Saudi Pro League, Georgetown University Qatar, PGA, WWE, Fox News, SKEMA Business School, Indian Premier League, FIFA Locations: Saudi Arabia, Saudi, England, Riyadh, Brazil, Liverpool, Kingdom, Jeddah, Lille, France, Reiche, Iran, Miami, Augusta, bankroll

☆ ABC News staffers ‘freaking’ out over reports Disney is in talks to sell the outlet
▼ + stars: | 2023-09-14 | by ( Oliver Darcy | ) edition.cnn.com time to read: +4 min

Bloomberg’s Christopher Palmeri and Thomas Buckley reported that Disney has “held exploratory talks” about selling ABC to Nexstar Media Group. The duo also reported that media mogul Byron Allen has also spoken with Disney about a possible deal. “Everyone is freaking the f**k out,” one ABC News staffer bluntly told me about the state of affairs inside the network. Whether a deal to offload ABC and Disney’s linear stations is ultimately in the cards remains to be seen. “I’m ridiculously passionate about news,” Iger told senior company leaders.

Persons: Bloomberg’s Christopher Palmeri, Thomas Buckley, Byron Allen, ”, anxiousness, Will, Robert F, Kennedy Jr, Disney, Bob Iger’s, ABC News’ers, they’re, Iger —, ” Iger, “ Organizations: CNN, ABC News, Disney, Magic Kingdom, ABC, Nexstar Media Group, Nexstar, CW, ESPN, Bloomberg, CNBC, Sun Locations: New York City

☆ Biden’s Climate Law Is Reshaping Private Investment in the United States
▼ + stars: | 2023-09-13 | by ( Jim Tankersley | More About Jim Tankersley | ) www.nytimes.com time to read: +1 min

The 2022 law, which passed with only Democratic support, aided factory investment in conservative bastions like Tennessee and the swing states of Michigan and Nevada. The law also helped underwrite a spending spree on electric cars and home solar panels in California, Arizona and Florida. The law so far has failed to supercharge a key industry in the transition from fossil fuels that Mr. Biden is trying to accelerate: wind power. Domestic investment in wind production declined over the past year, despite the climate law’s hefty incentives for producers. And so far the law has not changed the trajectory of consumer spending on some energy-saving technologies like highly efficient heat pumps.

Persons: Biden Organizations: Democratic Locations: United States, American, Midwest, Tennessee, Michigan, Nevada, California , Arizona, Florida

Biden previously had mocked Republicans over a possible impeachment and the White House said they have no basis to do so. [1/4]U.S. House Speaker Kevin McCarthy (R-CA) calls for an impeachment inquiry into U.S. President Joe Biden while delivering a statement on allegations surrounding President Biden and his son Hunter Biden, on Capitol Hill in Washington, U.S., September 12, 2023. Senate Democratic Leader Chuck Schumer called the impeachment inquiry "absurd." Richard Nixon resigned in 1974 as he faced an impeachment vote. Public opinion polling has shown many Americans believe Hunter Biden has received special treatment.

Persons: Kevin McCarthy, Joe Biden, Donald Trump, Trump, Biden, Hunter, McCarthy, Ian Sams, Trump's, Hunter Biden, Elizabeth Frantz, Mitt Romney, coddled Hunter Biden, Romney, Kevin McCarthy’s, Pramila Jayapal, Ken Buck, Chuck Schumer, Bill Clinton, Andrew Johnson, Richard Nixon, Lisa Murkowski, Moira Warburton, Jason Lange, David Morgan, Andy Sullivan, Will Dunham, Scott Malone, Daniel Wallis Organizations: Republican U.S, Democratic, House, Republicans, White, U.S, Biden, OF HUNTER Republicans, ., Capitol, REUTERS, GOP, Senate, Trump, Reuters, Thomson Locations: Ukraine, McCarthy's, America, Washington , U.S

☆ Alfredo Martinez, Who Fused Art World and Underworld, Dies at 56
▼ + stars: | 2023-09-11 | by ( Alex Traub | More About Alex Traub | ) www.nytimes.com time to read: 1 min

Alfredo Martinez lived on New York City’s margins, a squatter who shook off one eviction after another. He was an artist who usually lacked a gallery and sometimes put on exhibits in a storage locker. Yet Mr. Martinez was also a player in the world capital of culture and media. Mr. Martinez synthesized those qualities into an idiosyncratic strategy as a bohemian provocateur: Use prison to supercharge an art career. He did that in the early 2000s, after he pleaded guilty to art forgery.

Persons: Alfredo Martinez, Martinez, Anna Sorokin Locations: New York

☆ The economic cost of obesity is expected to soar to $4 trillion by 2035. Weight loss drugs like Ozempic could change that, Goldman Sachs says.
▼ + stars: | 2023-09-08 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

But a new class of weight-loss drugs could change all of that, and represents a big opportunity for investors. But a new class of GLP-1 weight-loss drugs has the potential to change that, and it represents a big opportunity for investors. Popular drugs include Ozempic and Wegovy from Novo Nordisk, and Mounjaro from Eli Lilly. AdvertisementAdvertisementA recent study from Novo Nordisk showed that its Wegovy drug reduced the chance of heart attacks, strokes, and cardiovascular deaths by 20%. Novo Nordisk became the biggest European company, as measured by market value, earlier this week, so investors are starting to catch on.

Persons: Goldman Sachs, Jenny Chang, Eli Lilly, Chang, Eli Lilly's Organizations: Service, Novo Nordisk Locations: Wall, Silicon, Novo

However, as government policies started to line up in the industry's favor in recent years, offshore wind developers unveiled a host of new project proposals, mostly off the U.S. East Coast. Many contracts for offshore wind projects have no mechanism for adjustment in the case of higher interest rates or costs. In New York, offshore wind developers also sought to boost the price of power produced at their projects. Norway's Equinor EQNR.OL and its partner BP (BP.L) are seeking a 54% increase for the power produced at three planned offshore wind farms - Empire Wind 1 and 2 and Beacon Wind. But the offshore wind industry is not fully satisfied.

Persons: Joe Biden, Kevin Lamarque, Eli Rubin, Rubin, Equinor, France's, Scott DiSavino, Nerijus, Nichola Groom, Simon Webb, Marguerita Choy Organizations: Federal, State, White, REUTERS, U.S ., Dominion, EBW Analytics, Reuters, U.S . Federal Reserve, Commonwealth, BP, Nichola, Thomson Locations: Washington , U.S, U.S, Europe, U.S . East Coast, Rhode, Virginia, Massachusetts, New York, Oslo, Culver City

☆ Opinion | The Fight for Your Kids’ Brains Has Already Begun
▼ + stars: | 2023-09-06 | by ( Jessica Grose | ) www.nytimes.com time to read: +2 min

Much of the drama in the charming new Netflix teen comedy “You Are So Not Invited to My Bat Mitzvah” revolves around the pitfalls of social media, specifically the public sharing of private videos. A mild spoiler: Stacy completes the jump without injury and to great applause, until her maxi pad floats up next to her and the applause dissolves into laughter. A humiliation like this used to be confined to the memory of the kids who witnessed it, and at worst, it became local lore. They’re 10 and 7 and I don’t allow them to use social media yet, and I feel some comfort having equipped them with as much information as I can about the digital world. I’m not naïve and I don’t think they’re perfect angels — I know they’ll make mistakes, but hopefully they have enough foresight and knowledge that their errors aren’t catastrophic ones.

Persons: Stacy, I’ve, Devorah Heitner, Heitner Organizations: Netflix, ricochet, Northwestern University

☆ Apple buying Disney would be a storybook ending for Iger, but fairy tales aren't real
▼ + stars: | 2023-09-06 | by ( Alex Sherman | ) www.cnbc.com time to read: +3 min

Apple co-founder Steve Jobs became Disney's largest individual shareholder after Disney acquired Pixar, then owned by Jobs, for $7.4 billion in 2006. The deal also gave Jobs a seat on the Disney board and fostered a close friendship between Jobs and Disney Chief Executive Bob Iger. Buying Disney wouldn't even classify as a bet-the-company transaction. Still, it's not clear Apple would have any interest in buying Disney. On one hand, buying Disney would supercharge those fledging businesses, which could help with Apple device churn while growing subscription revenue.

Persons: Will Apple, Steve Jobs, Bob Iger, Iger, Jobs, Steve, Steve —, it's, Apple, Apple hasn't, that's Organizations: Apple, Beats Electronics, Microsoft, Activision Blizzard, Disney, Pixar, Jobs, ESPN

☆ Nvidia's stock closes at record after Google AI partnership
▼ + stars: | 2023-08-29 | by ( Kif Leswing | ) www.cnbc.com time to read: +1 min

Nvidia President and CEO Jensen Huang speaks at the COMPUTEX forum in Taiwan, May 28, 2023. Nvidia shares rose 4.2% Tuesday to close at a record, after the chipmaker announced a partnership with Google that could expand distribution of its artificial intelligence technology. The day after the better-than-expected earnings report, the stock climbed to a record intraday high of $502.66 before retreating in the afternoon. On Tuesday, Nvidia CEO Jensen Huang appeared at a Google conference to tout an AI agreement between the two companies. Through the partnership, Google's cloud customers will have greater access to technology powered by Nvidia's powerful H100 GPUs.

Persons: Jensen Huang, Huang Organizations: Nvidia, Google, Facebook, Meta, Microsoft Locations: Taiwan

☆ Ferrari CEO says nearly a third of new buyers are under 40, even as wait lists grow
▼ + stars: | 2023-08-22 | by ( Robert Frank | ) www.cnbc.com time to read: +3 min

"We are a brand that is not looking for volume," Ferrari CEO Benedetto Vigna told CNBC in an exclusive interview from Pebble Beach. Founder Enzo Ferrari famously said Ferrari would produce "one less car than the market demand." Ferrari Purosangue Source: FerrariVigna said that despite limited supply, the company continues to expand its reach among younger, new clients. Vigna added that buying a Ferrari should never be easy or quick, since it's the ultimate aspirational car. "Getting a Ferrari is an experience that starts from the time you first see a Ferrari," he said.

Persons: Ferrari, Benedetto Vigna, Francesca Volpi, Enzo Ferrari, Ferrari Vigna Organizations: CNBC, Ferrari, Ford, General Motors, Ferrari NV, Bloomberg, Getty Locations: Pebble Beach, Maranello, Italy

[1/2] Monrovia NSU CHALLENGER bulk carrier transits the expanded canal through Cocoli Locks at the Panama Canal, on the outskirts of Panama City, Panama April 19, 2023. The Panama Canal Authority has reduced maximum ship weights and daily ship crossings in a bid to conserve water. Container ships are the most common users of the Panama Canal and transport more than 40% of consumer goods traded between Northeast Asia and the U.S. East Coast. Some shipping executives are bracing for more reductions later this year, noting that in 2020 a less severe drought prompted canal operators to reduce crossings to 27 per day. "The Panama Canal is just the latest example."

Persons: Aris Martinez, Max, Drew Lerner, Peter Sand, Steve Ferreira, STRI's Steven Paton, Paton, Brian Bourke, Lisa Baertlein, Marianna Parraga, Elida Moreno, Louise Breusch Rasmussen, Deepa Babington Organizations: Monrovia NSU CHALLENGER, REUTERS, ANGELES, Evergreen Marine, Pacific, Panama Canal Authority, Northeast, U.S ., Smithsonian Tropical Research, El Nino, Central American, Canal Authority, SEKO Logistics, Thomson Locations: Cocoli, Panama, Panama City, HOUSTON, China, U.S, Northeast Asia, U.S . East Coast . U.S, United States, Chile, Brazil, Suez, Gatun Lake, El, U.S . East Coast, Los Angeles, Houston, Copenhagen

“If you were to throw gasoline on a fire that’s already burning, that fire would grow really rapidly, really quickly. “Being hurricane season prepared also means being compassionate and kind to yourself during times of hardship,” NOLA Ready, the city’s emergency preparedness campaign, advised in a post on Instagram. Ms. Sibley, an administrative assistant and Ms. Ozane’s sister, has tried to save money to help with riding out hurricanes only for other demands to interfere with that. “What am I going to do if a hurricane really comes?” she said. “I pray we don’t have a bad one this year,” Ms. Sibley said.

Persons: El Niño, ”, Roishetta Sibley Ozane, Phil Klotzbach, “ There’s, Hurricane Ida, Emily Kask, The New York Times El, El, Eric Blake, Andrew, Craig E, Blake, Michael, Laura, Ian, Clay Tucker, NOLA Ready, Hurricane Laura, Ozane, “ They’re, Lake Charles, Ms, Meoshia Sibley, Sibley, Ozane’s, ” Ms, “ Organizations: Biscayne, El, Colorado State University, ”, National Oceanic, Atmospheric Administration, Atlantic, The New York Times, National Hurricane Center, Experts, Louisiana State University, University of Southern, Delta, of Louisiana Locations: Biscayne Beach, Florida, Westlake, La, Hurricane, Galliano, United States, University of Southern Mississippi, New Orleans, Lake Charles, Louisiana

And according to a report from Consumer Intelligence Research Partners, they're especially popular among young adults — the same group that dominates PC gaming, according to Statista. However, these days, most MacBooks run on a single chip called either the M1 or M2, also known as Apple silicon, that holds both the CPU and GPU. Steam, the most popular PC gaming app, even has its own dedicated macOS catalog now. It features thousands of fantastic games, including:You also have access to a wealth of popular games outside of Steam, like Fortnite and The Sims 4. And don't forget cloud gaming services like Xbox Game Pass that let you stream popular games on your MacBook.

Persons: MacBooks, you'll, Whoopi Goldberg's, you'd, William Antonelli, I've, you've, aren't Organizations: Consumer Intelligence Research Partners, Apple, AMD, Intel, Nvidia, Mac, Forza, Xbox Cloud Locations: itch.io

☆ Analysis: Trump's fourth indictment moves America closer to an election precipice
▼ + stars: | 2023-08-15 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

“Call it election interference or election manipulation—it is a dangerous effort by the ruling class to suppress the choice of the people. Video Ad Feedback 'Much bigger than Watergate': John Dean weighs in on Georgia indictment 00:38 - Source: CNNA damning tale of alleged wrongdoingIndictments represent the best presentation of the evidence by the prosecution. But unelected citizens also played a role – like Georgia election workers Ruby Freeman and Wandrea “Shaye” Moss, who have said the extreme pressure Trump inflicted on them ruined their lives. So a fourth Trump indictment is unlikely to be any more ruinous to his political career than the previous three – at least, in the Republican primary, where rivals like Florida Gov. Ron DeSantis have so far failed to take advantage of Trump’s political liabilities without alienating vast numbers of his supporters.

Persons: Donald Trump’s, Trump, Joe Biden’s, quagmire, Mike Pence, “ Trump, –, Jack Smith, Rudy Giuliani, Fani Willis, ’, Richard Nixon, Bill Clinton, Biden, John Dean, Brad Raffensperger, Ruby Freeman, Wandrea, ” Moss, he’s, Hillary Clinton, Hunter Biden, they’ve, Trump’s, Ron DeSantis, Elise Stefanik, President Trump, ”, Marc Short, Pence, ” Short, CNN’s Jake Tapper Organizations: CNN, Republican, Trump, Capitol, Fulton, Democrat, White, Georgia, Biden’s, Republicans, Democratic, Electoral College, Florida Gov, House Republican, Attorney, New, “, White House Locations: Georgia, Manhattan, Fulton County, American, America, Ukraine, Arizona, Russia, New York

☆ Democrats are increasingly optimistic about the IRS' plan to offer free tax prep software and break TurboTax and H&R Block's stranglehold
▼ + stars: | 2023-08-14 | by ( Madison Hall | ) www.businessinsider.com time to read: +5 min

A small part of the Inflation Reduction Act instructed the IRS to look into developing a free tax filing program. According to a Bloomberg Second Measure report, TurboTax is by far the most popular tax filing service with a 73 percent market share in May 2021. "The Free File program, which was created in partnership with tax preparation companies, clearly has not been successful in over two decades." Intuit, which makes TurboTax, and H&R Block both pulled out of the Free File Alliance during the pandemic. "Americans will be powerless when the IRS completely controls the tax filing process from start to finish."

Persons: It's, Joe Biden, Don Beyer, Beyer, Katie Porter, it's, Porter, Sen, Elizabeth Warren, Jason Smith Organizations: IRS, Service, Privacy, Democratic, Internal, Bloomberg, Coalition For Free, Rep, Alliance, Intuit, Office, Republican, Biden Administration Locations: Wall, Silicon, California

☆ Lionel Messi: Can the superstar give professional soccer a boost in the U.S.?
▼ + stars: | 2023-08-11 | by ( Anuz Thapa | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLionel Messi: Can the superstar give professional soccer a boost in the U.S.? Messi-mania has swept the nation, drawing crowds to sold-out stadiums to witness the 36-year-old in action. Messi merchandise is in high demand, and Apple attributes a surge in Apple TV+ subscribers to his Major League Soccer presence. The MLS aims to harness Messi's popularity as the U.S. prepares to co-host the 2026 FIFA World Cup. Watch the video above to find out whether Messi wearing the Inter Miami jersey until 2025 could supercharge professional soccer in the U.S.

Persons: Lionel Messi, Messi Organizations: Apple, Major League Soccer, MLS, Inter Miami Locations: U.S

☆ Dan Loeb hails AI as a decade-defining technology like the PC and Internet - and says a severe recession looks unlikely
▼ + stars: | 2023-08-02 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

Dan Loeb heralds AI as a game-changing technology in his second-quarter letter to investors. Loeb predicts a mild recession, as he expects the Fed to offset a slump in consumer spending. Loeb singled out the big three cloud providers as likely beneficiaries, noting that many AI companies will rely heavily on their services. Loeb singled out Microsoft in particular, pointing to its stake in ChatGPT-owner OpenAI, its plans to add AI features to its Office applications, and its ability to offer related services to businesses. The upshot is a mild recession appears more likely than a severe one, he said.

Persons: Dan Loeb, Loeb, OpenAI Organizations: Service, Third, Investors, Microsoft, Google, Federal Reserve, Offshore Fund, AMD Locations: Wall, Silicon, ChatGPT

☆ Google reshuffles Assistant unit, lays off some staffers, to 'supercharge' products with A.I.
▼ + stars: | 2023-08-01 | by ( Jennifer Elias | ) www.cnbc.com time to read: +4 min

Google CEO Sundar Pichai speaks on-stage during the Google I/O keynote session at the Google Developers Conference in Mountain View, California, on May 10, 2023. Google wants to "supercharge" its seven-year-old smart assistant using new advancements in generative artificial intelligence, as part of the latest major reorganization of the Assistant unit. A portion of the Assistant team has already started working on the efforts, Ranjan added. As a part of the reorganization, executives announced a dozen changes to the company's "Speech" team, which oversees voice commands. Some members of the Speech team will focus their efforts specifically on Bard, she wrote.

Persons: Sundar Pichai, Peeyush Ranjan, Ranjan, Apple's Siri, Alexa, We've, Axios, Francoise Beaufays, Sissie Hsiao, Bard, Beaufays, Jennifer Rodstrom, we're, It's, Hsiao, OpenAI's, Microsoft Bing Organizations: Google, Google Developers, CNBC, Employees, Microsoft Locations: Mountain View , California

☆ CEO of eBay lays out his master plan to fend off new rivals like TikTok and Shein with AI and live-shopping features
▼ + stars: | 2023-07-29 | by ( Madeline Stone | ) www.businessinsider.com time to read: +5 min

Jamie Iannone, eBay's CEO, spoke with Insider about the next phase in the e-commerce giant's evolution. Iannone said eBay's size would empower it against emerging competitors such as TikTok and Shein. But the number of new eBay buyers grew for the second straight quarter, Iannone said. The next version of that product is set to use image recognition, allowing eBay's sellers to create a product listing based on a photo. When asked about new competitors such as TikTok, Shein, and Temu, Iannone said eBay was "focused on our strategy and how we win."

Persons: Jamie Iannone, Iannone, what's, we've Organizations: eBay, Walmart, Reuters, Brand Locations: China

☆ Google, Microsoft, and Meta can't stop talking about A.I. — here's why Apple rarely mentions it
▼ + stars: | 2023-07-28 | by ( Kif Leswing | ) www.cnbc.com time to read: +6 min

Stefani Reynolds | AFP | Getty ImagesMicrosoft, Google and Meta are rallying everyone around AI, even though the future is murkyGoogle launched Bard AI, it's own chatbot to rival Microsoft and OpenAI's ChatGPT. Google, for example, has announced its plans to revamp its search engine using an AI model called Search Generative Experience. Google and Pichai say that the company's text-generating AI models will make its search engine better and could even answer questions that normal Google search can't. Zuckerberg was effusive about AI technology and its applications in virtual reality, ad targeting and recommending content from accounts users don't follow. UBS analyst Lloyd Walmsley wrote this week that generative AI was still an "overhang" over Google.

Persons: Tim Cook, Narendra Modi, Stefani Reynolds, ChatGPT, Jonathan Raa, OpenAI's, Amy Hood, we'll, Nadella, Pichai, it's, Zuckerberg, Meta, Bing, Gartner, Mark Murphy, Laura Martin, Lloyd Walmsley, monetization, Walmsley, Scott Olson Organizations: India's, White, AFP, Getty, Microsoft, Google, Nurphoto, Meta, Apple, Big Tech, Nvidia, Venture, JPMorgan, UBS Locations: Washington ,, iPhones, Brussels, Belgium, Chicago

☆ Why big banks like JPMorgan and Citi want to put Wall Street on a blockchain
▼ + stars: | 2023-07-26 | by ( Jordan Smith | ) www.cnbc.com time to read: +1 min

Banking titans such as JPMorgan and Citi want to supercharge Wall Street by borrowing a tool from crypto — tokenizing assets on a blockchain. The firm projects $5 trillion in assets could be tokenized on blockchains over the next five years. It takes time to transfer ownership of an asset on Wall Street. U.S. agencies like the Securities and Exchange Commission are cracking down on crypto companies. Watch the video above to learn why big banks are spending millions on tokenization.

Persons: Elliot Han, Cantor Fitzgerald, Bernstein, Banks, James Angel, Gary Gensler Organizations: Banking, JPMorgan, Citi, Georgetown University, Securities and Exchange Commission Locations: U.S

☆ Ocean temperatures around South Florida hit hot-tub levels
▼ + stars: | 2023-07-25 | by ( Maria Cardona | ) www.reuters.com time to read: +2 min

[1/2] Citizen scientist from Mote Laboratories replants corals on Florida's Keys vulnerable reefs, in Key West, Florida, U.S., July 13, 2023. REUTERS/Maria Alejandra Cardona/File PhotoKEY LARGO, Florida, July 25 (Reuters) - The surface ocean temperature in and around the Florida Keys soared to typical hot tub levels this week, amid recent warnings from global weather monitors about the dangerous impact of warming waters on ecosystems and extreme weather events. The WMO and NOAA say temperatures like those in South Florida can be deadly for marine life and threaten ocean ecosystems. He's also been seeing more dead fish in waters around Key Largo. Reporting by Maria Alejandro Cardona in Key Largo and Brad Brooks in Lubbock, Texas; editing by Donna BrysonOur Standards: The Thomson Reuters Trust Principles.

Persons: Maria Alejandra Cardona, Dustin Hansel, He's, Hansel, Maria Alejandro Cardona, Brad Brooks, Donna Bryson Organizations: Citizen, Mote Laboratories, REUTERS, National Oceanic, Atmospheric Administration, NOAA, National Data, United Nations, World Meteorological Organization, El Nino, WMO, Key Largo, Reuters, Thomson Locations: Key West , Florida, U.S, LARGO , Florida, Florida, Manatee, United States, South Florida, Key, Lubbock , Texas

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