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That continues a trend from 2023, when generative AI companies raised $25.9 billion for the full year, up more than 200% from 2022. The average round for AI companies is 140% bigger this year compared with last, the data shows, while for non-AI companies the increase is only 10%. Most venture investors are bullish on the potential for generative AI to eventually create big returns at the application layer. John-David Lovelock, an analyst at Gartner and a 35-year veteran of the IT industry, sees a big opportunity for generative AI in the enterprise. Yet, in 2024, only 1% of the trillion dollars spent on software will be from businesses spending on generative AI products, he said.

Persons: Adam Selipsky, Anthropic, Dario Amodei, Noah Berger, aren't, They're, Melissa Incera, Chip Hazard, PitchBook, that's, Cerebras, hasn't, Jeremiah Owyang, Owyang, That's, —, Cohere, Tobias Lutke, Inovia, JPMorgan Chase, Elon Musk's, what's, NASA's, Joe Raedle, Michael Harris, David Lovelock, Lovelock Organizations: Amazon Web, Getty, Microsoft, Nvidia, Tech, P Global Market Intelligence, CNBC, U.S, Forge, Flybridge Capital Partners, Federal Reserve, Meta, Nasdaq, Benchmark, Foundation Capital, SEC, Blitzscaling Ventures, Menlo Ventures, Inovia, Menlo, SPV, AMD, Oracle, Representatives, JPMorgan, Morgan Private Ventures, Elon Musk's SpaceX, SpaceX, Polaris, NASA's Kennedy Space Center, New York Stock Exchange, NYSE, Astera Labs, Tempus, Google, Facebook, Gartner Locations: Vegas, Las Vegas, PitchBook, Anthropic, Montreal, xAI, Cape Canaveral , Florida

☆ Verizon to acquire Frontier in $20 billion deal to boost fiber network
▼ + stars: | 2024-09-05 | by ( ) edition.cnn.com time to read: +1 min

CNN —Verizon said on Thursday it would buy Frontier Communications in an all-cash deal valued at $20 billion, as the U.S. wireless carrier looks to boost its fiber network. Shares of Frontier Communications fell more than 9% in premarket trading. Verizon has offered $38.50 per Frontier share held, a premium of 37.3% to Frontier’s closing price on Sept. 3, before reports of a potential acquisition emerged. “The acquisition of Frontier is a strategic fit. It will build on Verizon’s two decades of leadership … and is an opportunity to become more competitive in more markets throughout the United States,” Verizon CEO Hans Vestberg said in a statement.

Persons: …, Hans Vestberg Organizations: CNN, Verizon, Frontier Communications, AT, Frontier, D.C Locations: Washington, North, West , Texas , California, United States

☆ The weirdest startup in healthcare has a blank check from General Catalyst
▼ + stars: | 2024-09-05 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +17 min

Hemant Taneja, the CEO of top venture firm General Catalyst, cofounded the healthcare startup Commure in 2017, and launched it in 2020. AdvertisementIt's made six acquisitions in four years — a remarkable number for a healthcare startup. He hatched Commure inside General Catalyst in 2017 alongside former leaders from Google, Salesforce, and healthcare data analytics firm Health Catalyst. The Philadelphia-based health system co-created a startup with General Catalyst, patient engagement platform Tendo, in 2020. General Catalyst said HATCo will work closely with its more than 20 health system partners, including HCA Healthcare.

Persons: Hemant Taneja, Catalyst, PitchBook, Commure, It's, Augmedix, He's, Tyler Le, Taneja, Livongo, Teladoc, Glen Tullman, Ashwini Zenooz, CommureOS, Tanay Tandon, Rusty Russell, Strongline, Tandon, didn't, General Catalyst, it's, Axios, he's, HATCo, GABRIELLA AUDI, wasn't, Hemant Organizations: Catalyst, Business, Catalyst's, Google, NASDAQ, Jefferson Health, Healthcare, HCA Healthcare, Athelas, SMP Labs, SMP, Commure, BI, FCC, Labs, Strongline Pro, Strongline, Northern District of, Canopy, General, Health, Healthcare Assurance Transformation Corporation, Summa Health, Olive AI, Augmedix, HCA, Getty, Big Tech, Commure's Locations: Livongo, Philadelphia, Commure, PatientKeeper, Athelas, Strongline, Northern District, Northern District of California, Ohio, Augmedix

☆ The no-tech Tuesday night challenge was apparently a hit at Google
▼ + stars: | 2024-09-04 | by ( Jaures Yip | ) www.businessinsider.com time to read: +5 min

Martin's personal success with the challenge inspired her to bring the tradition to the Google offices. However, asking tech bros to stay away from their tech — even for just a night — required a strategic introduction. "Pick one night a week is so much less powerful than no-tech Tuesday," she said. At the end of the challenge, Martin said that 97.2% of participants reported feeling that no-tech Tuesday in some way positively impacted their work performance and/or stress level, and 92% said they planned to continue the challenge. Advertisement"Some participants have been doing the challenge for five years and have kept up with every single Tuesday night since I first held it," Martin said.

Persons: —, Laura Mae Martin, JOMO, Martin, I'm Organizations: Service, Business, JOMO Locations: Swiss

☆ 10 ways a travel management program can benefit your small business
▼ + stars: | 2024-09-04 | by ( Sponsor Post | ) www.businessinsider.com time to read: +7 min

Business travel management programs, like IHG's Business Edge, make booking travel easier and more efficient. According to the US Travel Association, total business travel spending is expected to reach $280.8 billion by 2026. Projected US business travel spending by yearYear Projected US Business Travel Spending 2023 $247.8 2024 $265.5 2025 $276.3 2026 $280.8 2027 $282.7Below are a few ways a travel management program like IHG Business Edge can help small- and medium-sized businesses manage employee travel more effectively — no matter where they're going. Small business travelers front and centerIHG Business Edge has worked hard to understand the needs of small businesses. Travel for work — and funIn addition to business travel, employees can use their IHG Business Edge membership for personal vacation.

Persons: they're, that's Organizations: Business, US Travel Association, Resorts, Travelers, IHG, Dell Technologies, Getty Images, Edge, Best, Insider Studios Locations: —, IHG.com

☆ A top New York official was paid off by China with salted ducks, a job for her cousin, and millions to her husband's business: DOJ
▼ + stars: | 2024-09-04 | by ( Matthew Loh | ) www.businessinsider.com time to read: +6 min

Sun, 40, is accused of blocking Taiwanese officials' access to the New York governor's office and changing public messages from both governors to boost China's talking points, among other acts. According to the Justice Department, she also sent messages informing the Chinese consulate about Taiwan's requests to the governor's office. AdvertisementProsecutors said that during this time, Sun would use bogus invitation letters to set up meetings for Chinese officials with New York authorities. Hu has been charged by the Justice Department too, and is accused of laundering money and opening bank accounts with a relative's driver's license photo. AdvertisementA spokesperson for Hochul told Business Insider that the New York governor's office hired Sun more than 10 years ago.

Persons: —, Linda Sun, Kathy Hochul, Andrew Cuomo, Cuomo, Sun, Curtis, Chris Hu, Hu, that's, Hochul, Liu Pengyu, Jarrod Schaeffer, Sun's, Schaeffer Organizations: Service, New, Gov, Business, Justice Department, Queens, Hochul, New York Labor Department, Prosecutors, PRC, CCP, Chinese Communist Party, Sun, Ferrari Locations: China, Nanjing, York, New York, Honolulu, Jiangsu, Manhasset , New York, Washington

☆ This new air-to-air missile appears to be the US Navy's answer to the growing reach of China's weapons
▼ + stars: | 2024-09-04 | by ( Chris Panella | ) www.businessinsider.com time to read: +7 min

The missile helps to close the gap between US capabilities and those of China, which is fielding new beyond-visual-range air-to-air missiles with reach. Related storiesIn the most recent Pentagon report on Chinese military developments, officials noted its work on "beyond-visual-range air-to-air missiles." The PL-15 was China's answer to the US AIM-120D Advanced Medium-Range Air-to-Air Missile (AMRAAM). U.S. Navy photo by Mass Communication Specialist 2nd Class Isaiah B. GoesslThe air-to-air missile range game is expected to continue though. As the Pentagon noted in its report, China is at work on its air-to-air missiles, and the US is likewise working on next-generation systems like the AIM-260.

Persons: —, Carl Vinson, Douglas Barrie, pBur3mhRQs, 0L2bNLgTUi —, Justin Bronk, Joshua Sapien, It's, Bronk, Zheng Shuai, China's, Isaiah Organizations: Service, US Navy, AIM, Business, Navy, Hornets, Nimitz, Hawaii's, People's Liberation Army Air Force, International Institute for Strategic Studies, U.S . Navy, 0L2bNLgTUi — Doha, US AIM, Air Missile, Royal United Services, Hornet, RIM, Getty, Navy's, Observers, American, aircraft, Pentagon Locations: China, Washington

☆ India's Modi expected to usher in new era of bilateral agreements in Singapore visit
▼ + stars: | 2024-09-04 | by ( Charmaine Jacob | In Charmainemariajacob | ) www.cnbc.com time to read: +4 min

Indian Prime Minister Narendra Modi during the launch of BJP membership campaign on Sept. 2, 2024 in New Delhi, India. Modi will also be meeting Singapore President Tharman Shanmugaratnam, Senior Minister and former Prime Minister Lee Hsien Loong, and Emeritus Senior Minister Goh Chok Tong during his two-day visit. Dean Kassim | Afp | Getty ImagesEarlier this week, the Indian prime minister made his inaugural trip to Brunei where he met Sultan Hassanal Bolkiah. Modi is India's first prime minister that has made a bilateral visit to the oil-rich country. The Indian prime minister had also visited Italy for the G7 summit, Russia, Ukraine and Poland in the last three months since his reelection.

Persons: Narendra Modi, Lawrence Wong, Modi, Tharman Shanmugaratnam, Lee Hsien Loong, Goh Chok Tong, Anit Mukherjee, Mukherjee, Dean Kassim, Sultan Hassanal Bolkiah, Omar Ali Saifuddien, Nirmala Sitharaman, Jaishankar, Wong, Vivian Balakrishnan, Balakrishnan Organizations: Indian, Hindustan Times, Getty, Singapore, Senior, King's College London, CNBC, Imports, Brunei International, Afp, High Commission of, Institute of South Asian Studies, Finance, Foreign Locations: New Delhi, India, Singapore, Asia, Bandar Seri Begawan, Brunei, High Commission of India, Italy, Russia, Ukraine, Poland, Lion City

☆ One of China's neighbors is sending out more naval patrols to challenge its attempts to dominate the South China Sea
▼ + stars: | 2024-09-04 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +6 min

Read previewThe Philippines says it has stepped up its naval patrols and air surveillance around a disputed island in the South China Sea to counter the growing number of Chinese vessels in the area. In June, Chinese coast guards armed with swords and knives attacked Philippine vessels in the contested waters, resulting in injuries and one soldier losing a thumb. Chinese coast guards holding knives and machetes as they approached Philippine troops in the disputed South China Sea in June. "We once again warn the Philippines to face reality and give up illusions," Liu Dejun, a spokesperson for China's coast guard, said. Advertisement(Vietnam, Malaysia, Brunei, and Taiwan also lay claim to parts of the South China Sea.)

Persons: —, Roy Vincent Trinidad, BRP Teresa Magbanua, Trinidad, Sabina Shoal, Jay Tarriela, Tarriela, Teresa Magbanua, Liu Dejun, Liu, Sari Arho Havrén, Collin Koh, Koh, Adm, Samuel Paparo, Alexander Lopez Organizations: Service, Coast Guard, Navy, Air Force, Daily Tribune, Business, BRP, Armed Forces, AP, The Daily Tribune, Liberation Army Navy, US Department of State, Royal United Services Institute, Institute of Defence, Strategic, Singapore's Nanyang Technological University, CNN, Pacific Command, Mutual Defense, Philippine National Maritime Council Locations: South, Philippine, Sabina, Escoda, China, Philippines, South China, China's, Sabina Shoal, Vietnam, Malaysia, Brunei, Taiwan, Washington, Manila

☆ 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

☆ Retired NATO commander says Ukraine's Kursk invasion proves it can succeed without Western advice
▼ + stars: | 2024-09-03 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +5 min

Read previewA former NATO commander said that Ukraine's successful incursion into Russia's Kursk region shows what it can do without relying much on Western advice. It had taken and held 500 square miles of Russian territory as of last week, according to Ukraine's army chief. Gen. Philip M. Breedlove, a former NATO Supreme Allied Commander Europe, told the Kyiv Post that he viewed Ukraine's operation as a success. A local volunteer looks at a building damaged by Ukrainian strikes in Kursk on August 16, 2024, following Ukraine's offensive into Russia's western Kursk region. But many allies, the US among them, still forbid Ukraine from using long-range weapons within Russia, limits Ukraine's ability to hit the highest-value targets there.

Persons: —, Philip M, Vladimir Putin, TATYANA MAKEYEVA, Breedlove, Putin, George Barros Organizations: Service, Business, NATO, Allied, Kyiv Post, Getty, US Air Force, Ukraine, Institute for Locations: NATO, Russia's Kursk, Russia, Kyiv, Ukraine, Kursk, AFP, Sudzha, Ukrainian

☆ 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

The group was asked to share which topics they're most focused on between AI, worker well-being, diversity, equity, and inclusion, and C-suite transformation. While worker well-being and AI were the most commonly cited trends, there's clear overlap and intersectionality across all four topics. 'We're trying to understand a more holistic view of worker well-being'Shane Koller, senior vice president and chief people officer, AncestryThe two topics we're most focused on are worker well-being and DEI. As part of this new organizational structure, we announced our chief AI and data officer, one individual who would help bring together a cohesive strategy and vision for the organization's AI. A big focus for us is worker well-being.

Persons: Jack Azagury, nobody's, Shane Koller, we've, We've, Borgonovo, Alicia Pittman, Anant Adya, Marjorie Powell, Neil Murray, Maggie Hulce, Chen, it's, —, — there's, Kenon Chen, Sharawn Tipton, LiveRamp, there's, I'm, There's Organizations: Accenture, Mastercard, Infosys DEI, Infosys, AARP, Clear Locations: Tipton

☆ Glory days for automakers like Ford, General Motors in China are over
▼ + stars: | 2024-09-03 | by ( Hanna Ziady | ) edition.cnn.com time to read: +10 min

London CNN —Foreign automakers have dominated China’s car market for decades, selling millions of vehicles and raking in enormous profits. Ford (F) and General Motors (GM) are also among firms seeing sales and market share vanish in China as local consumers spurn overseas brands to buy Chinese instead. The American automaker’s sales in China have halved from a peak of above 4 million in 2017 to 2.1 million last year. Last year, BYD sold a record 3.02 million vehicles globally, including plug-in hybrids, up 62% from 2022. Months later, Stellantis (STLA), which makes Citroen, Fiat, and Peugeot cars, bought a 20% stake in Chinese EV maker Leapmotor for about €1.5 billion ($1.7 billion).

Persons: Arno Antlitz, GM’s, Mary Barra, ”, Michael Dunne, Dunne, Xi Jinping’s, Tesla, Yilei Sun, Reuters Tesla, Li, Tu Le, Le, BYD, ” Dunne, Raul Bravo, Stellantis, “ Organizations: London CNN — Foreign, Volkswagen, Wolfsburg, Toyota, General Motors, China Passenger Car Association, Foreign, Japan’s Mitsubishi Motors, Honda, Hyundai, Ford, GM, EV, Tesla, Yilei, Reuters, International Energy Agency, “, CNN, Visitors, Automotive, Xinhua, Shutterstock, Auto, “ Global, UBS, Port, Citroen, Fiat, Peugeot, Leapmotor, Hedin Locations: China, London, Germany, Europe, American, Shanghai, Tesla's Shanghai, Beijing, EVs, Japan, North America, San Antonio, Chile, Chilean, AFP, Xpeng, Thailand, Hungary

☆ The 4 best strategies Kamala Harris uses to handle being interrupted, according to a professional speaker
▼ + stars: | 2024-08-30 | by ( Tess Martinelli | ) www.businessinsider.com time to read: +5 min

As a leadership speaker and expert on workplace confidence, I've spent decades analyzing the best techniques for garnering attention and communicating effectively. Pointed eye contact can force the interrupter to acknowledge youWhen interrupted by Mike Pence during the 2020 Vice Presidential debate, Harris turned her attention to Pence and made pointed eye contact with him. She didn't shrink away from the interaction or internalize his disruption; rather her eye contact demonstrated authority, confidence, and control over the situation. Related storiesMaking eye contact with someone who's been dismissive of you demands their attention and forces them to acknowledge you. Harris uses this strategic repetition to highlight just how many times she's been interrupted or disrespected.

Persons: —, Selena Rezvani, It's, I've, Kamala Harris, Harris, Mike Pence, she's, Pence, who's, they're, Tess Martinelli Organizations: Service, Business Locations: Philadelphia, tmartinelli

Read previewUpdate: After this article was published, Paramount Global confirmed to Business Insider that the company had sold VidCon to Informa. Paramount Global is selling its creator conference VidCon to the UK media and events company Informa, according to two people familiar with the matter. They spoke to Business Insider on the condition of anonymity as they were not allowed to discuss details around the deal. Adding VidCon, which centers on social-media stars rather than Hollywood and comic-book talent, could help broaden the fan base and advertiser roster of its events business. BI was unable to learn the terms of the VidCon deal between Paramount and Informa.

Persons: —, VidCon, Informa, YouTubers Hank, John Green, São Paulo, Green, lanyards, Phillips, Adweek, David Ellison's Organizations: Service, Paramount Global, Business, Toronto Comicon, Cannes Lions, Paramount, Viacom, SXSW, Disney, Media, BI Locations: Anaheim , California, Baltimore, Mexico City, Anaheim

☆ UN nuclear watchdog chief pushes back on Moscow’s calls for objectivity after Kursk plant visit
▼ + stars: | 2024-08-29 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +3 min

The head of the U.N. nuclear watchdog has pushed back against Moscow's calls for further objectivity, following an inspection at the nuclear facility in the embattled Russian region of Kursk. Last week, Russia accused Ukraine of attempting a drone strike at the Kursk nuclear plant during a lightning cross-border incursion that has been under way since early August and which Moscow is still trying to repel. "The spokesperson of the Russian ministry of foreign affairs rightly says, be objective. We are saying here that this nuclear power plant ... is within range of a potential artillery strike, which means that the danger exists. On Thursday, Grossi explained that the Kursk nuclear plant contains reactors of the Soviet RBMK-type, similar to the ones present in the Chernobyl facility, which suffered one of the worst nuclear disasters in history in 1986.

Persons: Rafael Grossi, Moscow's, CNBC's, Maria Zakharova, Grossi Organizations: International Atomic Energy Agency, of Governors, CNBC, Ukrainian Ministry of Foreign Affairs, Wednesday, IAEA, Sputnik, Ria Novosti Locations: Vienna, Austria, Russian, Kursk, Russia, Ukraine, Moscow, Kiev, Soviet

☆ Most influencers say they plan to weigh in on the presidential election, even if it means losing followers
▼ + stars: | 2024-08-27 | by ( Dan Whateley | ) www.businessinsider.com time to read: +4 min

Read previewAs the 2024 presidential election heats up, some influencers are flocking to party conventions or chiming in about politics on TikTok and Instagram. And 56% of respondents said they'd unfollowed a creator based on their political views. In fact, 82% of influencer respondents said they planned to share their political views this election cycle. AdvertisementThe second reason influencers may be willing to risk losing followers by sharing their political takes online is that they are expected to. Perhaps that's why 62% of influencers told Izea they plan to address potential backlash from sharing their political views head-on.

Persons: —, they'd, Izea, influencers, Josh Helfgott Organizations: Service, Business, Pew Research, Democratic National Convention

☆ Dozens killed in strikes in southern Gaza as preparations for cease-fire talks move forward
▼ + stars: | 2024-08-24 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Ap-Live-Blog-Byline-Image.Png | The Associated Press | ) www.nbcnews.com time to read: +4 min

At least three dozen Palestinians were killed in multiple Israeli strikes in the southern Gaza Strip, officials said Saturday, even as preparations moved ahead for high-level cease-fire talks in the Egyptian capital. The hospital received a total of 33 dead who were killed in three separate strikes in and around Khan Younis. Seventeen others were killed when a strike hit a road south of Khan Younis, including the passengers on a tuk-tuk and passers-by, Nasser Hospital said. Another strike hit a tuk-tuk east of Khan Younis, killing at least five people. First responders also recovered the bodies of 10 people from a residential block west of Khan Younis.

Persons: Khan Younis, Nasser Hospital, Mahmoud Merdawy, David Barnea, Shin, Eliezer Toledano, William Burns, Brett McGurk, Joe Biden, Biden, Benjamin Netanyahu, Netanyahu, Bassem Naim, Sunday’s, Merdawy Organizations: Hospital, Aqsa Martyrs Hospital, Associated Press, Health Ministry, Hamas, Qatari, CIA Locations: Gaza, Al, Aqsa, Khan, Israel, United States, Egypt, Qatar, Cairo, U.S

A somber atmosphere pervades Ukraine’s 33rd Independence Day Saturday, as the nation’s war against Russia’s aggression reaches a 30-month milestone. No fireworks, parades or concerts are planned and instead Ukrainians will mark the day with commemorations for civilians and soldiers killed in the war. “Independence is the silence we experience when we lose our people,” President Volodymyr Zelenskyy said to the nation. “913 days ago, Russia launched its war against us, partly through Sumy region,” Zelenskyy said. Ukraine quickly seized considerable Russian territory, including scores of small towns, and captured hundreds of Russian soldiers, moves that may influence the war’s trajectory.

Persons: there’s, Volodymyr Zelenskyy, ” Zelenskyy, “, ”, Narendra Modi, Zelenskyy, Modi Organizations: Indian Locations: “, Russia, Russia’s Kursk, Sumy, Russian, Ukraine’s Donetsk, Ukraine, Kursk, Pokrovsk, Kyiv

Pontoon bridges are temporary structures that militaries often build to maintain critical supply lines when permanent structures are damaged or destroyed. NBC News was not able to verify whether the video shows the destruction of a pontoon bridge or when it was shot. Another video shared Thursday by the country’s air force chief, Lt. Gen. Mykola Oleshchuk, claimed to show Ukraine’s use of guided aerial bombs to destroy two “bridge crossings” in Kursk this week. Ukraine claimed responsibility for hitting the depot, which its army’s general staff said stored oil products used to supply the Russian army. Satellite images captured on Monday, the day after the alleged attack, show flames and thick clouds of black smoke billowing from the depot.

Persons: Mykola Oleshchuk, “, Volodymyr Zelenskyy, Vasily Golubev Organizations: NBC News, NBC, Kyiv, Kremlin, Regional Gov Locations: Kursk, Glushkovo, Russia, Proletarsk, Russia’s, Rostov, Ukraine, Ukrainian, Russian

☆ America's X-37B vs. China's Shenlong: Top space planes and their shadowy role in orbital war
▼ + stars: | 2024-08-24 | by ( Benjamin Brimelow | ) www.businessinsider.com time to read: +13 min

Jeremy Webster/US Air ForceX-37BA space plane is a reusable spacefaring craft that can maneuver in space independently and also fly and glide within Earth's atmosphere. The most well-known space planes are the American Space Shuttle and the Soviet Buran. The program is surrounded in such extreme secrecy that there are no known images of the space plane in its current form. Though the exact start date is unknown, academic models of a Chinese space plane were reported as far back as 2000. AdvertisementOne of the most impactful possible uses of the space planes is as anti-satellite assets.

Persons: —, Jeremy Webster, NASA's, Timothy Kirchner, NASA foresees, Wang Jiangbo, Paul Hennessy, NurPhoto, Shenlong, spaceplanes, Nick Hague, Benjamin Brimelow Organizations: Service, Business, Kennedy Space Center, Landing, US Air Force, American Space Shuttle, Soviet, Space Shuttle, NASA, Boeing, US Defense Department, Defense, Research Projects Agency, DARPA, United States Air Force Space Command, Orbital, NASA's Kennedy Space Center, Atlas V, U.S . Space Force, . Air Force, Space Force, Force, Getty, Cape Canaveral Air Force, China Aerospace Science, Technology Corporation, US Department of Defense, Global Affairs, Fletcher School of Law, Diplomacy, Modern, Institute Locations: United States, China, U.S, Xinhua, US, India, Russia, West

☆ Hezbollah: What weapons does it have? A visual guide
▼ + stars: | 2024-08-24 | by ( Lou Robinson | ) edition.cnn.com time to read: +4 min

Though no match for Israel’s military might, Hezbollah’s increasingly sophisticated arsenal has the potential to inflict significant damage on Israel and its allies in the region. As it fought in the trenches of that nearly decade-long war, Hezbollah became seasoned in urban warfare and solidified its alliances with other Iran-backed groups fighting in Syria. Throughout its decades-long conflict with Israel, Hezbollah has been engaged in asymmetric warfare. It has sought to grow its political and military might, while seeking to establish deterrence despite Israel’s military superiority. Because of Hezbollah’s growing power, a possible all-out war between Israel and Lebanon would thrust the Middle East into uncharted waters.

Persons: Yemen’s Houthis, Bashar al, Assad Organizations: CNN, Islamic Locations: Iran, Lebanon, Israel, Yemen, Syria, Gaza, Iraq, Red, Beirut, Islamic Republic

☆ Engaged Capital might have the recipe to build value for shareholders at Portillo's
▼ + stars: | 2024-08-24 | by ( Kenneth Squire | ) www.cnbc.com time to read: +5 min

The company was acquired by private equity firm Berkshire Partners in 2014 from the founder for approximately $1 billion. The non-Chicago locations have achieved AUVs of $6 million to $7 million, more than double quick service restaurants and fast casual industry averages. While Portillo's has much larger AUV than its peers, the company has an even larger average footprint than peers. Closing this gap will take significant capital allocation improvements, technology initiatives, marketing plans, real estate restructurings and operational advancements. Engaged is supportive of management and expects they will recruit a strong operator into the presently vacant COO role.

Persons: Portillo's, –, Ken Squire Organizations: Berkshire Partners, Berkshire, Management, NFL, Del, Shake, 13D Locations: Berkshire, Chicago, Portillo's, That's, Del Frisco's

☆ The battle of Kursk has unchained Ukraine from a failing war strategy
▼ + stars: | 2024-08-24 | by ( Michael Peck | ) www.businessinsider.com time to read: +5 min

At the start of August, Ukraine seemed doomed to remain on the defensive, slowly but relentlessly being ground into retreat by Russian onslaughts. But its successful new Kursk offensive has done more than seize 480 square miles of Russian territory and humiliate Putin. After nearly a year of a grim defensive battle, the Kursk operation has also allowed Ukraine to seize the initiative and force Moscow to dance to Kyiv's tune. The Russians no longer hold the initiative across the entirety of the theater, like they have for most of last year." Which means Ukraine has to find some economical way of keeping up the pressure on Russia, without losing more territory of its own.

Persons: Putin, George Barros, Barros, Vladimir Putin, " Barros, Michael Peck Organizations: Service, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Ukraine, Russian, Kursk, Moscow, Donetsk, Russia, Kyiv, Kharkiv, Polohy, Zaporizhia, Zabrama, Bryansk, Belgorod, Forbes

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