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☆ Smartcat is using AI to translate content into any language. Check out the six-slide pitch deck the startup used to land $43 million in fresh VC funding.
▼ + stars: | 2024-09-16 | by ( Samantha Stokes | ) www.businessinsider.com time to read: +3 min

The startup, Smartcat, just raised $43 million in Series C funding led by New York-based VC firm Left Lane Capital with Lead Edge Capital also participating. Smartcat previously raised a $4.5 million seed round in 2017, a $7 million Series A in 2018, and a $15 million Series B in 2020, according to PitchBook data. VC investment in AI startups is continuing to go gangbusters, topping out at a whopping $24 billion in the second quarter of 2024 — the biggest quarter for AI funding in recent years, according to Crunchbase. AdvertisementWhile some consumer and healthcare AI startups have raised eye-popping rounds, the tech is creating plenty of opportunities in the B2B space. Check out the six-slide presentation Smartcat used to raise $43 million in Series C funding.

Persons: —, Smartcat, Ivan Smolnikov, Smolnikov Organizations: Service, Left Lane, Lead Edge Capital, Marbruck Investments, Chrome, Business Locations: New York, Koro, Smartcat

☆ Michaela DePrince, a Sierra Leonean American ballerina for Boston ballet, dies at 29
▼ + stars: | 2024-09-14 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +2 min

LOS ANGELES — Sierra Leonean ballerina Michaela Mabinty DePrince, who starred in TV show “Dancing with the Stars” and Beyonce’s “Lemonade” music video album, died on Friday at the age of 29, her family said. “It is with profound sadness we announce the sudden passing of our beautiful sister, Michaela Mabinty DePrince. She was an unforgettable inspiration to everyone who knew her or heard her story,” her family said in its statement. She was adopted in 1999 at the age of four by New Jersey couple Elaine and Charles DePrince, who enrolled her in ballet classes. Aged 14, DePrince was awarded a scholarship to attend the Jacqueline Kennedy Onassis School to study ballet.

Persons: Michaela Mabinty DePrince, Michaela, ”, DePrince, Misty Copeland, ” Copeland, Mabinty, Elaine, Charles DePrince, Jacqueline Kennedy Onassis Organizations: ANGELES, Sierra Leonean, Facebook, New, Jacqueline Kennedy Onassis School, Boston Ballet Locations: Sierra, American, ’, Kenema, Sierra Leone, malnourishment, New Jersey

☆ Ancient DNA adds to evidence debunking theory of Easter Island collapse
▼ + stars: | 2024-09-14 | by ( Katie Hunt | ) edition.cnn.com time to read: +6 min

CNN —Rapa Nui, also known as Easter Island, never experienced a ruinous population collapse, according to an analysis of ancient DNA from 15 former inhabitants of the remote island in the Pacific Ocean. Settled by Polynesian seafarers 800 years ago, Rapa Nui, today part of Chile, has hundreds of monumental stone heads that echo of the past. But that theory remains contentious, and other archaeological evidence suggests that Rapa Nui was home to a small but sustainable society. Easter Island genomesTo investigate Rapa Nui’s history further, researchers sequenced the genomes of 15 former residents who lived on the island during the past 400 years. But the ancient genomes add to a growing body of evidence that the idea of a self-inflicted population collapse on Easter Island is a false narrative, said Matisoo-Smith, who wasn’t involved in the study.

Persons: Christopher Columbus ’, Jared Diamond, ”, J, Víctor Moreno, Raraku, De Agostini, Moreno, Mayar, Lisa Matisoo, Smith, Matisoo, wasn’t, “, ” Matisoo, Alphonse Pinart, Alfred Métraux Organizations: CNN, Easter, Mankind, French National Museum of, University of Copenhagen’s Globe Institute, Easter Islanders, New Zealand’s University of Otago, Polynesian, New Zealand’s Science Media Locations: Rapa, Easter, Americas, Rapa Nui, Chile, Paris, Peru, Denmark, American, South America, Columbus, Pacific, ”, French, Swiss

A Delaware judge agreed to send another 2020 election defamation case to trial Thursday, ruling that the Newsmax Media published false claims saying Smartmatic voting machines rigged the 2020 election. Florida-based voting machine company Smartmatic, alleging defamation, sued Newsmax Media, also based in Florida, in 2021, arguing that the network claimed its devices rigged the 2020 election. Former President Donald Trump and his allies have repeatedly claimed that the 2020 election was rigged. But in wins for Smartmatic, he ruled firmly that the rigged election claims were definitely false, published by Newsmax and specific to Smartmatic. Smartmatic's case is quite different, in large part because the voting machine company was used only in Los Angeles during the 2020 election.

Persons: Newsmax, Smartmatic, Eric Davis, Donald Trump, Davis, ” Davis, “, ” Erik Connolly, Smartmatic’s Organizations: Media, Associated Press, Newsmax Media, Smartmatic, Dominion Voting Systems, Fox News, One America News Network Locations: Delaware, Florida, Los Angeles

☆ How the New Hampshire National Guard failed to protect women
▼ + stars: | 2024-09-13 | by ( Haley Britzky | ) edition.cnn.com time to read: +19 min

His attorney told CNN Patterson is expected to retire as a major, one rank below lieutenant colonel, by November 1. His case is perhaps the most high-profile example of a problem women say has plagued the New Hampshire National Guard for years: A toxic, sexist work environment. The New Hampshire National Guard told CNN in a statement that 2023 was an anomalous year for sexual assault reports. “There’s way too much of ‘foxes guarding the henhouse’ in every angle of the [National Guard Bureau],” the IRC member said. “The National Guard belongs to the governors, and so they can do what they want.”The office of New Hampshire Gov.

Persons: Mark Patterson, Patterson, ”, he’d, CNN Patterson, “, Kennith Kruger, Patterson “, ’, Katrina Dupuis, Dupuis, weren’t, ’ ” Dupuis, ” Dupuis, she’d, “ aren’t, David Mikolaities, didn’t, Emily Paige Kamal, ” Kamal, Kate Kuzminski, ” Kuzminski, Maj, Charles Johnston, Chris Sununu, Sununu, Jaleesa Ackerman, Ackerman, ’ ”, Keri Wareing, Wareing, ” Wareing, Jeanne Shaheen, they’ve, Shaheen, OCI, Shaheen “, They’re Organizations: CNN, New Hampshire National Guard, Army, National Guard, Guard, New Hampshire National, New Hampshire National Guard’s Army, Department of, New, New Hampshire Department of Military Affairs, Veterans Services, The New Hampshire National Guard, ‘, Pentagon, Military, Veterans, Center, New American Security, Pembroke , New Hampshire . Tech, Defense, Independent Review Commission, National Guard Bureau, New Hampshire Gov, Services, Manchester Police Department, Mikolaities, Criminal, Organization, Independent, Capitol, Senate Armed Services Committee, Senate National Guard Caucus Locations: New Hampshire, Wyoming, NH, The, New American, Pembroke , New Hampshire, New

Harvey Weinstein, the disgraced Hollywood mogul whose alleged sexual misconduct fueled the #MeToo movement, has been indicted on new charges by a New York City grand jury, Manhattan prosecutors announced during a court hearing Thursday. The new indictment is under seal, prosecutor Nicole Blumberg told Judge Curtis Farber, who has set a trial date for Nov. 12. NBC News was the first to report this month that a grand jury had been convened to hear from women who had come forward with new accusations against Weinstein, 72. Weinstein was convicted in 2020 of third-degree rape of one woman and first-degree criminal sex act against another woman after a trial in New York, where he was sentenced to 23 years in prison. New York prosecutors announced months later that they intended to recharge Weinstein for the same crimes and possibly bring forward new charges.

Persons: Harvey Weinstein, Nicole Blumberg, Curtis Farber, Weinstein, Oscar, Bob Weinstein, ”, Love, Weinstein's Organizations: Hollywood, New, NBC, Bellevue Hospital Locations: New York City, Manhattan, Bellevue, New York, York, Los Angeles

Here's a rapid-fire update on all 32 stocks in Jim Cramer's Charitable Trust, the portfolio we use for the CNBC Investing Club. AMD shares have caught a bid in recent days, but they're still cheap considering the growth of its AI processors. Broadcom : Investors who don't own any Broadcom yet should consider starting a position here, Jim said. Although it's tempting to offload shares, Jim said to stick with Honeywell for now because there's huge value in individual businesses like aerospace. There's little negative to say about this portfolio stock.

Persons: Jim Cramer's, Jim, Apple, haven't, it's, that's, he'll, Bob Iger, Bob Chapek, Larry Ellison, Biogen, Eli Lilly, Lowe's, Vimal Kapur, We'd, Linde, Lilly, Morgan Stanley, Goldman Sachs, It's, Jensen Huang, Kamala Harris, Republican Donald Trump, CrowdStrike, Palo, — we're, we're, Brian Niccol, Sands, Stanley Black, Decker, Wells, Charlie Scharf's, Jim Cramer, Angela Weiss Organizations: Jim Cramer's Charitable Trust, CNBC, Club, Abbott Laboratories, Abbott Labs, AMD, Amazon, Web, Broadcom, VMWare, Federal Reserve, Costco Wholesale, Coterra, DuPont, New York Times, Oracle, GE Healthcare, GE, Honeywell, Linde, Microsoft, Nvidia, Republican, Palo Alto Networks, Palo, Procter & Gamble, Procter, Gamble, Constellation Brands, Modelo, Stanley, TJX, Marshalls, Jim Cramer's Charitable, Traders, New York Stock Exchange, AFP, Getty Locations: Nvidia's, San Francisco, China, Dover, United States, industrials, OpenAI, Palo Alto, Wells Fargo

New York Police Department Commissioner Edward Caban speaks during the first quarter crime briefing press conference Wednesday, April 3, 2024, in Manhattan, New York City. NYPD Commissioner Edward Caban resigned Thursday from his post helming the country's largest police department amid a federal investigation into its nightclub enforcement, according to a memo obtained by News 4. I have therefore decided it is in the best interest of the Department that I resign as Commissioner." Caban, who was appointed to the job in July 2023, became the first Latino to serve as commissioner of the NYPD in its 179-year history. Several sources tell NBC New York federal investigators want to know if James Caban profited from his ties to his powerful brother and the NYPD.

Persons: Edward Caban, Caban, Eric Adams, Adams, Tom Donlon, James Caban, Caban's, Russell Capone, Rebekah Donaleski Organizations: New York Police, NYPD, News, NYPD –, Department, U.S, Attorney's, Southern, of, IRS, NBC New, New York City Police Department, Cooley Locations: Manhattan , New York City, of New York, NBC New York, Midtown, Queens

☆ A promising cancer treatment is poised for explosive growth, says Redburn Atlantic. These stocks are on its buy list
▼ + stars: | 2024-09-12 | by ( Michelle Fox | ) www.cnbc.com time to read: +5 min

The latest weapon in the battle against cancer is showing promising results — and it's a growing opportunity for investors, according to Redburn Atlantic. To treat cancer, targeted radiopharmaceutical therapy directly goes after tumors with radiation by binding a radioactive particle to a targeting molecule. Delving into diagnostics There are also opportunities in the radiopharma diagnostics space, according to Redburn Atlantic. It has a "strong pipeline of radionuclides for both diagnosis and therapy," he said. "Lantheus benefits from its focus on this rapidly expanding market, with 78% of revenues from radiopharmaceuticals and related products," Ridley-Day added.

Persons: Ed Ridley, Eli Lilly, Myers, Ridley, Astra's, Lantheus Organizations: Big pharma, Novartis, Mariana Oncology, Biopharma, Myers Squibb, RayzeBio, AstraZeneca, Fusion Pharmaceuticals, GE Healthcare Technologies, Lantheus Holdings, GE Healthcare, GE Locations: Bristol, radiopharmaceuticals

☆ Apple relies on carriers to drive iPhone sales. What to expect this upgrade cycle
▼ + stars: | 2024-09-10 | by ( Morgan Chittum | ) www.cnbc.com time to read: +6 min

Among the offers at AT & T for new and existing customers: a free iPhone 16 or up to $830 off the iPhone 16 Plus if they meet a few eligibility requirements. Apple's list price for the Phone 16 and iPhone 16 Plus start at $799 and $899, respectively. Now consider that despite inflation, Apple left the prices of iPhone 16 models the same as the prior generation while adding AI capabilities and improved battery life, among others. "All of these things will be incremental, just enough to eventually convince millions" to upgrade their devices, Jim said. Apple CEO Tim Cook delivers remarks before the start of an Apple event at Apple headquarters on September 09, 2024 in Cupertino, California.

Persons: –, Max, Jim Cramer, Tim Cook, Cook, Bernstein, John Stankey, Stankey, aren't, Jim, Jeff Marks, Jim Cramer's, Justin Sullivan Organizations: Verizon, Mobile, Apple, Consumer Intelligence Research Partners, UBS, CNBC, Club, Markets, Apple Intelligence, Barclays Locations: U.S, China, Europe, Cupertino , California

☆ Bali considering a ban on new hotels amid overtourism struggles
▼ + stars: | 2024-09-10 | by ( ) edition.cnn.com time to read: +2 min

The moratorium is part of the government’s bid to reform tourism on Bali, one of Indonesia’s main attractions, to try to boost quality and jobs while preserving the island’s indigenous culture. The governor’s office and Indonesia’s tourism ministry did not immediately respond to requests for comment on Monday. Luhut has previously said about 200,000 foreigners now live in Bali, contributing to problems such as crime, over-development and competition for jobs. Foreign arrivals in Bali have surged since it re-opened for tourism after the COVID-19 pandemic. There were 541 hotels in Bali last year, the figures show, up from 507 in 2019.

Persons: Hermin, Sang, Mahendra Jaya, Luhut Pandjaitan, Luhut Organizations: Reuters —, Coordinating Ministry of Maritime and Investment Affairs, Reuters Locations: Reuters — Indonesia, Bali, Indonesia

☆ Wall Street Apple analysts underwhelmed by new iPhone's AI features
▼ + stars: | 2024-09-10 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Apple 's high stakes September launch event left some Wall Street analysts feeling unsettled. The largest company in the U.S. announced a host of new products Monday at its California headquarters, including a new Apple Watch, AirPods and the highly anticipated iPhone 16 that harnesses AI tools called Apple Intelligence. The delayed AI launch also creates uncertainty for sales volumes over the next two quarters, Long added. UBS analyst David Vogt viewed the event as "anticlimactic," adding that Apple offered no "killer" AI application. Elsewhere, Piper Sandler's Matt Farrell reiterated his neutral rating and $225 price target, noting that a slow rollout of Apple Intelligence could actually hamper enthusiasm for the features.

Persons: Tim Long, Apple, Long, Bernstein's Toni Sacconaghi, David Vogt, Wells, Aaron Rakers, Samik Chatterjee, MoffettNathanson's Craig Moffett, Tim Cook, Piper, Matt Farrell, Brandon Nispel Organizations: Apple, U.S, Apple Watch, Apple Intelligence, Barclays, UBS, Beta Locations: California, China, Europe

☆ Trump’s claim terrorists are pouring over southern border does not stand up to scrutiny
▼ + stars: | 2024-09-08 | by ( Peter Bergen | ) edition.cnn.com time to read: +4 min

Discussing the US southern border, Trump asserted that “more terrorists have come into the United States in the last three years. In fact, there have been no reported terrorist attacks in the US during the past three years carried out by jihadist terrorists crossing the southern border. The ordinarily voluble Trump typically doesn’t have much to say when far-right domestic terrorists perpetrate terrorism in the United States. To be sure, there are reasonable concerns about the southern border, like the fact that, as CNN reported in June, eight Tajikistan nationals in the US who had crossed the southern border were arrested on immigration charges “following the discovery of potential ties to terrorism,” including possibly to ISIS. This is all a far cry from Trump’s claim on Fox that “more terrorists have come into the United States in the last three years.

Persons: Donald Trump, Kamala Harris, Trump, voluble Trump, Christopher Wray, “ Organizations: CNN, Fox News, New, Naval Air Station, Pentagon, New America, Fox, US Customs, Protection Patrol, CBS News Locations: United States, New York City, Saudi, Pensacola , Florida, Buffalo , New York, Allen , Texas, Pensacola, Manhattan, Tajikistan, Customs, Canada

☆ Snap sued by New Mexico over 'sextortion' of kids by predators
▼ + stars: | 2024-09-05 | by ( Dan Mangan | ) www.cnbc.com time to read: +1 min

The New Mexico attorney general has filed a lawsuit against Snap , alleging that the design and algorithmic recommendations of its social media app Snapchat "openly foster and promote illicit sexual material involving children and facilitate sextortion and the trafficking of children, drugs, and guns." The suit calls Snapchat "a breeding ground for predators to collect sexually explicit images of children and to find, groom and extort them." New Mexico Attorney General Raúl Torrez, who has a pending lawsuit against Facebook owner Meta alleging the company enables the sexual exploitation of children, in a statement Thursday said, "Snap has misled users into believing that photos and videos sent on their platform will disappear, but predators can permanently capture this content and they have created a virtual yearbook of child sexual images that are traded, sold, and stored indefinitely." "Through our litigation against Meta and Snap, the New Mexico Department of Justice will continue to hold these platforms accountable for prioritizing profits over children's safety," Torrez said.

Persons: Snapchat, General Raúl Torrez, Torrez Organizations: New, Facebook, Meta, New Mexico Department, Justice Locations: New Mexico, Mexico

☆ Walmart is taking dollar stores’ customers
▼ + stars: | 2024-09-04 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +6 min

Dollar Tree also owns the long-struggling Family Dollar chain. While dollar stores once expanded to reach a growing number of financially strapped Americans, they underestimated just how financially strapped many Americans would become. “They missed the fact in tough times the consumer would be looking for consumables.”Meanwhile, Dollar Tree has been weighed down by its purchase of Family Dollar. Earlier this year, Dollar Tree announced that Family Dollar will close more than 900 stores, and it subsequently said it will explore a sale or spinoff of Family Dollar. In previous times of financial stress, Dollar General has seen middle-income and slightly more affluent households trade down into Dollar General to save money.

Persons: Michael Lasser, —, Todd Vasos, Vasos, Mike Creedon, aren’t, “ They’re, ” David D’Arezzo, “, ” Neil Saunders, ” Organizations: New, New York CNN, Walmart, UBS, Dollar General, Dollar, CNN, Target Locations: New York

☆ The recession crowd has regained the stock market narrative, for now
▼ + stars: | 2024-09-04 | by ( Bob Pisani | ) www.cnbc.com time to read: +3 min

Every jobs number moves markets now In the meantime, every data point on jobs is a potentially market moving event. Nvidia's multiple is falling, not its earnings Meanwhile, there was much gnashing and wailing around Nvidia 's big 9% drop yesterday. Nvidia lost $279 billion in market value Tuesday. The forward multiple for Nvidia's next fiscal year (February 2025-February 2026) is 28.8, well below the 36 multiple in June. While Nvidia is certainly not a value stock, it is much more reasonably priced than it was two months ago.

Persons: Goldman Sachs, you've, they've, Tom Lee, Fundstrat, Joe Zicherman, Big, CNBC's Robert Hum Organizations: Citigroup, Bulls, CNBC, Nvidia, Meta Locations: China

☆ The US Air Force's potential shift to adaptable 'light fighters' to solve budget woes is more complicated than it seems
▼ + stars: | 2024-09-03 | by ( Alex Hollings | Sandboxx News | ) www.businessinsider.com time to read: +32 min

US Air Force photo illustration by Staff Sgt. The Air Force needs new missiles, new bombers, and new fighters — but is struggling to pay for them allThe B-21 Raider in flight at Edwards Air Force Base, California. Cultural inertia in the fighter businessUS Air Force fighter aircraft fly in formation. A rendering of a future crewed next-generation air dominance aircraft by the US Air Force Research Laboratory. Nonetheless, for a cash-strapped Air Force, this would be a significant challenge.

Persons: David Allvin, Parth Satam, Allvin, Madeline Herzog, that's, it's, Will Roper, I'm, Charles, CQ, Brown, Preston Cherry, America's, Lockheed Martin, Northrop Grumman, Marine Corps Lockheed Martin, Peter Nicholls, —, Danielle Purnell, Frank Kendall, Tom Williams, Will Roper's, Kendall —, I've, Kendall, there's, Northrop Grumman's, Roper, Giancarlo Casem, today's, they've, wouldn't, John Raven, James M, Holmes, we've Organizations: Service, senior Air Force, Air Force, Global Air, Space Chiefs, Conference, UK's, Space Power Association, Business, Fighter, US Air Force, Force, American, Next, Sabre, Convair, Delta Dart, Rand Corporation, National Museum of, Staff, Joint Chiefs, Raptors, Royal Norwegian Air Force, Senior, Boeing, Lockheed, US, Marine Corps Lockheed, Royal International Air, Reuters, Getty, Capitol, Raider, Air, Edwards Air Force Base, DARPA, USAF, III, America, Minuteman, Sentinel missile, Pentagon, Lockheed Martin Aeronautics Company, Sentinel, Defense, Tech, Combat Command, US Air Force Research Laboratory, Sandboxx Locations: London, American, Fairford, Britain, Fort Worth, California, United States, Soviet Union, Marietta , Georgia, America, Europe

☆ A recent study suggests companies are vulnerable to cyberattacks after layoffs. Here's how they can avoid costly data breaches.
▼ + stars: | 2024-09-03 | by ( Erica Sweeney | ) www.businessinsider.com time to read: +6 min

A new study suggests layoffs can lead to cyberattacks from disgruntled employees. A new study suggests they may also fuel a desire for revenge, which could put companies at risk of a cyberattack. Tran discussed what companies should know about the connection between layoffs and cybersecurity breaches and how organizations can minimize their risk. Being proactive and emphasizing ethical conduct and data security during layoffs could reduce the risk of data breaches in those situations. What aspect of layoffs and data breaches do you plan to study next?

Persons: Thi Tran, —, Binghamton University Tran, Tran, We'll Organizations: Service, Binghamton University, Pacific Asia Conference, Information Systems Locations: Vietnam

☆ Ulta misses Wall Street expectations first time in 4 years, trims guidance after quarterly sales decline
▼ + stars: | 2024-08-29 | by ( Ece Yildirim | In Ecedyildirim | ) www.cnbc.com time to read: +5 min

An Ulta Beauty store in New York, US, on Monday, Aug. 19, 2024. Ulta Beauty shares sank 7% in extended trading Thursday as the company fell short of second-quarter expectations and trimmed its full-year guidance after a decline in same-store sales during the most recent period. The company now forecasts full-year same-store sales in a range of flat to 2% down, compared with prior guidance of 2% to 3% growth. Earlier this month, Warren Buffet's Berkshire Hathaway disclosed a $266 million stake in the beauty retailer, sending Ulta shares surging. Clarification: This story has been updated to clarify that Ulta Beauty forecast full-year earnings per share of $22.60 to $23.50, down from a previous forecast of $25.20 to $26.

Persons: Dave Kimbell, Kimbell, Paula Oyibo, Ulta, Warren Buffet's Berkshire Hathaway Organizations: LSEG Locations: New York

☆ Stocks like Nvidia are table-pounding buys, Bank of America says
▼ + stars: | 2024-08-24 | by ( Michael Bloom | ) www.cnbc.com time to read: +5 min

The other stocks include: Ralph Lauren, Yeti, Goldman Sachs, and GE Aerospace. "We rate YETI shares Buy as we expect continued momentum supported by new product categories & international expansion," he said. Ralph Lauren "A hit down the fairway," analyst Christopher Nardone titled his recent recap of Ralph Lauren earnings. Meanwhile, Ralph Lauren shares are up 20% this year with plenty more room to run. ... We rate YETI shares Buy as we expect continued momentum supported by new product categories & international expansion.

Persons: Ralph Lauren, Goldman Sachs, Alexander Perry, Perry, Christopher Nardone, Nardone, Ebrahim Poonawala, Goldman, Poonawala Organizations: of America, Nvidia, GE Aerospace, U.S, Goldman, Bank of America, GE, Investment Locations: Europe, China, N.A, North America, N.A .

☆ A photo captures what Harris’ nomination could mean for young girls
▼ + stars: | 2024-08-23 | by ( Arit John | ) edition.cnn.com time to read: +2 min

One image, however, has captured what the moment could mean for young girls. Amara Ajagu watches as Vice President Kamala Harris, the Democratic presidential nominee, speaks on the fourth day of the Democratic National Convention at the United Center in Chicago, on Thursday, August 22, 2024. More so than most little girls, Ajagu can say that Harris could be the first president who looks like her. Harris’ potential to be the first has been an undercurrent of her presidential runs since her first campaign in 2020. Prior to the vice president’s speech, Amara and her younger sister, Leela, led the crowd in a lesson on how to pronounce their great-aunt’s first name: “Comma,” like the punctuation mark, then “La,” like the sing-song “la, la, la.”

Persons: Kamala Harris, Amara Ajagu, Todd Heisler, grandnieces, Harris, Ajagu, Shirley Chisholm —, —, Hillary Clinton, Harris ’, Amara, Leela, ” Organizations: CNN, Democratic, Democratic National Convention, United Center, New York Times, New York Rep Locations: American, Chicago

☆ France's 'Olympics truce' ends, returning political tensions to the fore
▼ + stars: | 2024-08-14 | by ( Jenni Reid | ) www.cnbc.com time to read: +5 min

Tom Weller/voigt | Getty Images Sport | Getty ImagesTime is running out on the so-called "Olympic political truce" declared by French President Emmanuel Macron in late July, pushing the country's rocky political landscape back into focus. The left-wing New Popular Front alliance won the highest number of seats and prevented a much-discussed victory for the far-right National Rally. Meanwhile, Macron's own politics and allied government have been "widely rejected by the French," Massoc added, and no party will form an alliance with far-right National Rally. Even within the leftist grouping, parties are divided and some will refuse any sort of alliance with centrists, she said. Under the French political system, the parliament has relatively little power and between 2017 and 2022, 65% of texts adopted were laws proposed by the government rather than parliament, Massoc noted.

Persons: Emmanuel Macron, Tom Weller, voigt, Macron, —, tussles, Gabriel Attal, Lucie Castets, Elsa Clara Massoc, Gallen, Castets, Massoc, Les, Renaud Foucart Organizations: Stade de France, Olympic Games, Getty, Paris, Front, New Popular, National Assembly, University of St, CNBC, centrists, CAC, Lancaster University Locations: France, Paris, —

☆ Reddit's increased reliance on Google traffic has Wall Street anxious to see if visitors sign up
▼ + stars: | 2024-08-14 | by ( Jonathan Vanian | In | ) www.cnbc.com time to read: +10 min

Reddit calls them logged-out users and, based on some industry estimates, they only monetize at about one-third the rate of logged-in users. The number of logged-out users surpassed logged-in users in the fourth quarter, and the gap has since widened. Logged-in users increased 31% in the second quarter to 42 million, while logged-out users increased at a much more robust rate of 74% to 49.2 million. Alan Gould, managing director at Loop Capital, said Google makes up "the vast majority of the logged-out users." By 2025, Reddit's logged-in users could represent an ARPU of $17.60 compared to $5.90 for logged-out users, Black said, based on the firm's estimates.

Persons: Spencer Platt, Tom Wahlin's, Hacker, Wahlin, we're, Lily Ray, Amsive, Ray, Reddit, Alan Gould, Daniel Konstantinovic, Konstantinovic, Benjamin Black, monetization, they'll, Reddit's, Black, Jen Wong, Wong, Steve Huffman, They'll, Huffman Organizations: New York Stock Exchange, Getty, Aer, Google, U.S, Loop, Deutsche Bank, CNBC, AllGear Digital, YouTube Locations: New York City, U.S, Reddit

☆ 9 Things Musk and Trump Said About Climate Change, Annotated
▼ + stars: | 2024-08-13 | by ( Brad Plumer | Raymond Zhong | ) www.nytimes.com time to read: +1 min

Former President Donald J. Trump covered a range of topics on Monday during his two-hour, live-streamed chat on X with Elon Musk, the tech billionaire who has endorsed Mr. Trump’s latest presidential run. On climate issues, Mr. Musk described himself as “pro-environment,” saying that the electric vehicles produced by Tesla, his car company, disproved the idea that “caring about the environment should mean that you have to suffer.” Mr. Trump emphasized the importance of fossil fuels to the economy. Here are a few highlights from their discussion, with annotations by New York Times climate reporters. Musk: The economy would collapse without oil and gas“If we were to stop using oil and gas right now, we would all be starving and the economy would collapse. Yet even the most aggressive plans for tackling global warming envision a far-less abrupt transition that would phase out the burning of oil, gas and coal over several decades.

Persons: Donald J, Trump, Elon Musk, Trump’s, Musk, Tesla, Mr Organizations: New York Times

☆ Whoever can finally coin an effective economic message could win the White House
▼ + stars: | 2024-08-13 | by ( Stephen Collinson | ) edition.cnn.com time to read: +10 min

CNN —Voters keep telling pollsters that their economic insecurities are the biggest issue in the 2024 election. Former President Donald Trump will try to make a case against Kamala Harris’ role in the Biden economy on Wednesday in North Carolina. President Joe Biden dedicated his domestic agenda to restoring economic fairness and sought to revive manufacturing and repair the country’s crumbling infrastructure. As the effective incumbent in this race, Harris is vulnerable to any sudden shifts in the economic outlook. But with Trump seeking an opening to define her negatively — especially on the economy — Harris must act fast.

Persons: Donald Trump, Kamala Harris, Biden, Trump, Joe Biden, Harris, Kamala, He’s, Price, “, Biden Administration’s, ”, —, ” Harris, ” Trump, hasn’t, “ You’ve, Scott Jennings, Anderson Cooper, “ You’re, Brad Todd, CNN’s Kasie, he’s, ” Todd, Kevin McCarthy, Elon Musk, Sen, JD Vance, Harris ’, Bill Clinton, Barack Obama, Clinton, Obama, Obama –, –, — Harris, Tim Walz, She’s Organizations: CNN — Voters, Trump, Home Depot, Republican, Democratic, Biden, CNN, Fox News, Air Force, Democratic National Convention, NPR, PBS, Marist, New York Times, Siena College, Minnesota Gov, pharma Locations: North Carolina, Asheville , North Carolina, Maryland, Raleigh, Ohio, Chicago, Nevada, Phoenix, California, States, Pennsylvania, Michigan, Wisconsin

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