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☆ Vance says Trump wouldn’t ban abortion pill days after Trump indicated he would be open to it
▼ + stars: | 2024-08-11 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Summer-Concepcion-Byline-Jm.Jpg | Summer Concepcion | ) www.nbcnews.com time to read: +4 min

“What the president has said very clearly is that abortion policy should be made by the states, right? Vance similarly said that people at the press conference had difficulty hearing and understanding the question. He reiterated that the former president stands by the Supreme Court’s decision to allow mifepristone to stay on the market. “Maybe he couldn’t hear that person super clearly, so I don’t want to put words in President Trump’s mouth,” Vance said. We want to give them more options to choose to have that baby, to make it easier to raise that baby.”

Persons: Sen, JD Vance, Donald Trump’s, Vance, ”, ” Vance, Trump, “, ” Karoline Leavitt, ” Leavitt, Roe, Wade, Trump’s, “ I’ll, Donald Trump Organizations: CBS, Ohio Republican, and Drug Administration, NBC News, CNN, Trump, NBC, ABC Locations: Lago, Florida

Republican vice presidential nominee Sen. JD Vance on Sunday defended his 2021 comments about allocating more votes to people with children, saying they were a “thought experiment.”In a widely circulated video clip from a 2021 speech he gave to a conservative organization called the Intercollegiate Studies Institute, Vance suggested giving more votes to people with children than to people who have none. “Let’s give votes to all children in this country, but let’s give control over those votes to the parents of those children,” Vance said in his 2021 speech. “And I said, well, if we’re going to give the rights to the children, then we should actually just allow the parents to cast those votes. She said her husband’s “quip” was an effort to bring attention to U.S. policies that fall short of providing the support families need. What is it about our leadership and the way that they think about the world that makes it so hard sometimes for parents?’” she added.

Persons: Sen, JD Vance, Vance, “ Let’s, ” Vance, ” “, ”, “ I’ve, Kamala Harris, “, Tucker Carlson’s, Harris, Kelly, Usha Vance, ” Usha Vance, ’ Organizations: Intercollegiate Studies Institute, ABC, United States Senate, Fox News, “ Fox, Friends, “ Fox & Friends Locations: R, Ohio

Vice President Kamala Harris on Saturday pledged to eliminate taxes on tipped wages for service workers, matching a proposal from former President Donald Trump. “When I am president, we will continue our fight for working families of America, including to raise the minimum wage, and eliminate taxes on tips for service and hospitality workers,” Harris said. Harris would push the proposal with an increase in the minimum wage as well, the official said. “Kamala Harris, whose ‘Honeymoon’ period is ENDING, and is starting to get hammered in the Polls, just copied my NO TAXES ON TIPS Policy,” he wrote. “She can only steal from me.”Trump announced a policy proposal to eliminate taxes on tips during a June rally in Las Vegas.

Persons: Kamala Harris, Donald Trump, Tim Walz, Harris, ” Harris, Harris ’, Trump, “ Kamala Harris, ”, TRUMP, ” Trump, Karoline Leavitt, Sen, Ted Cruz, Lael Brainard, Brainard, Joe Biden, “ Organizations: Minnesota Gov, Culinary Workers Union, Las, NBC News, Yale University, Republican, Biden White, West Wing Locations: Las Vegas, America, Texas, Nevada

The U.S. women’s national soccer team won gold in the 2024 Paris Olympics, defeating Brazil 1-0 in Saturday’s final. The result returns Team USA to the summit of women’s soccer, with its fifth Olympic and first women’s gold medal since the 2012 London Games. It definitely made me.”Hayes came to the U.S. women’s team from English club Chelsea in May. Saturday’s final also marked the end of an era in women’s soccer. The U.S. women’s team congratulated Marta on her career by posting on X, “A legend and one of our sport’s fiercest competitors.

Persons: Mallory Swanson, Lorena, Ludmila, Alyssa Naeher, Brazil’s Gabi Portilho, Swanson, Naeher, Brazil’s Adriana, Mallory, Emma Hayes, “, I’ve, it’s, ” Hayes, Marta, women’s, ” Organizations: U.S, soccer, Brazil, USA, Games, NBC Sports, Chelsea, Saturday’s Locations: Saturday’s, Brazil, U.S, Naeher, England, America, Germany, Australia, Japan, Brazilian

GLENDALE, Ariz. — Vice President Kamala Harris made immigration a key component of her stump speech Friday night during a packed rally in a Phoenix suburb after making no mention of the topic during rallies this week in Michigan and Wisconsin. “We will move forward and take on the biggest issues facing our nation, for example, the issue of immigration,” Harris told the crowd of supporters. Harris has faced intense scrutiny on immigration from the Trump campaign since rocketing to the top of the Democratic ticket. Vice President Kamala Harris and running mate Gov. Ross D. Franklin / APSince launching her presidential bid, Harris has touched on immigration during past visits to Sun Belt states.

Persons: Kamala Harris, “, ” Harris, Harris, Donald Trump, “ Donald Trump, ”, Trump, Biden, Gov, Tim Walz, Sen, Mark Kelly, Gabby Giffords, Ross D, Walz, Kamala Harris ’, Halee Dobbins, Joe Biden, ’, Arizona Sen, Kelly, ” Kelly, “ Tim, Ruben Gallego, Kari Lake, Gallego Organizations: ”, Democratic, Republicans, Northern, Desert Diamond, Franklin, AP, Sun, “, Republican, Arizona, Arizona’s Senate, Marine Locations: GLENDALE, Ariz, Phoenix, Michigan, Wisconsin, Guatemala, El Salvador, Honduras, Glendale, Georgia, Arizona, Arizona’s, Iraq

Former President Donald Trump’s plane landed in Billings, Montana, on Friday night after suffering a mechanical issue, according to the U.S. Secret Service. The Secret Service said the plane's mechanical problem was not related to any security issue. The Trump campaign did not immediately respond to a request for comment on Friday night. Margo Martin, deputy director of communications for the Trump campaign, posted to X a video of Trump from his plane. Trump made no specific mention of any plane issue in the video clip.

Persons: Donald Trump’s, Trump, Margo Martin, Kamala Harris Organizations: Secret Service, Service Locations: Billings , Montana, Billings, Bozeman, Montana

Robert F. Kennedy Jr.’s independent presidential campaign is disappearing — both on the trail and in the polls. Kennedy’s public poll numbers are dropping, from around 9% or 10% in national surveys before Biden dropped out, to about half that level now. The Kennedy campaign did not respond to questions for this article. The Kennedy and Trump campaigns have not commented or provided any details about whether Trump made Kennedy a specific offer. Kennedy posted a video on Aug. 2 announcing an endorsement from Russell Brand, the actor and comedian who has been accused of sexual assault by multiple women.

Persons: Robert F, Kennedy Jr, Kennedy, Joe Biden, it’s, Nicole Shanahan, Biden, Republicans colluded, Kennedy groped, Eliza Cooney, Cooney, ” Kennedy, Kamala Harris ’, Trump, ”, Las Vegas . Kennedy, Kennedy’s, Bobby Kennedy, “, Lori Spencer, Russell Brand, Joe Rogan, Cheryl Hines Organizations: Republicans, Yorker, Democratic, Trump, Bitcoin Conference, Inman, NBC News, Republican National Convention, Boston Globe, New Locations: Freeport , Maine, New, Las Vegas ., Iowa, Wisconsin, New York, California

Arizona Attorney General Kris Mayes’ office announced Monday that Jenna Ellis, a former Donald Trump attorney and one of the 18 defendants in the Arizona “fake electors” case stemming from the 2020 election, is cooperating with the prosecution. Ellis signed the cooperation agreement Monday morning, according to the announcement, which said prosecutors are dropping the charges against her. “This agreement represents a significant step forward in our case,” Mayes, a Democrat, said in a statement. In 2023, Ellis pleaded guilty in the Georgia election interference case in which Trump was also charged. Those accused of being “fake electors” and the others alleged to have been accomplices are charged with fraud, forgery, and conspiracy.

Persons: Kris Mayes ’, Jenna Ellis, Donald Trump, Ellis, ” Mayes, “, Trump, Mayes, Nicholas Klingerman, we’ll, Klingerman, Biden, Resnik, ” Organizations: Trump, Electoral College, Republican Party, National Archives Locations: Arizona, Georgia, Phoenix

The state’s GOP Senate candidate, Kari Lake, has long challenged her Democratic competitor, Rep. Ruben Gallego, to take the debate stage. Hobbs still did not agree to the Arizona Clean Elections proposal for a traditional debate, saying Lake would create a "spectacle." Hobbs then participated in a separate Q&A with Arizona PBS, which has no affiliation with Arizona Clean Elections. Given Hobbs’ Q&A was not affiliated with Arizona Clean Elections, the organization’s executive director says Lake’s frustration is misplaced. “Traditionally, for the last, I think, three Senate races, every Senate debate has happened at the Clean Elections debate,” Gallego said last week.

Persons: Donald Trump, Kamala Harris, Kari Lake, Ruben Gallego, Gallego, ”, Lake, “, chuckles, ” Lake, Katie Hobbs, Hobbs, Thomas Collins, Collins, ” Gallego, proclivity, Harris Organizations: PHOENIX, Arizona Senate, GOP Senate, Democratic, Lake, NBC News, GOP, Arizona, Elections, Republican, Arizona Clean, Arizona PBS, Trump Locations: Arizona, Phoenix, Paradise Valley, ’, Gallego

☆ What Trump 2.0 Could Mean for the Environment
▼ + stars: | 2024-07-16 | by ( Brad Plumer | Lisa Friedman | ) www.nytimes.com time to read: +1 min

As president, Donald Trump’s sweeping attempts to roll back federal environmental regulations were often stymied — by the courts, by a lack of experience, even by internal resistance from government employees. “It’s going to be easier,” said Myron Ebell, who led the transition at the Environmental Protection Agency after Mr. Trump won in 2016. “They’re going to have better people, more committed people, more experienced people. They will be able to move more quickly, and more successfully, in my view.”On the campaign trail, Mr. Trump has promised to repeal federal regulations designed to cut greenhouse gas pollution that is rapidly heating the planet. They are drafting plans to slash budgets, oust career staffers, embed loyalists in key offices and scale back the government’s powers to tackle climate change, regulate industries and restrict hazardous chemicals.

Persons: Donald Trump’s, Trump, “ It’s, ”, Myron Ebell, “ They’re Organizations: House, Mr, Environmental, Agency

☆ Amazon's Asian rival Shein wants to be supply chain giant, but some fear Chinese cyber spying inside global trade links
▼ + stars: | 2024-07-08 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +13 min

Shein logistics software is in beta testing with select supply chain customers, according to a person familiar with its plans. "Shein's software could provide unprecedented access to sensitive supply chain data, which the Chinese government could seize under its laws. This exposure poses a direct threat to U.S. supply chain integrity, making it vulnerable to exploitation and manipulation." Even with a headquarters based in Singapore, company supply chain data could be subject to seizure by the Chinese. Shein's fast rise to dominance Shein's dominance lies in the company's hyper-flexible supply chain, according to a recent report from supply chain intelligence firm Zero100.

Persons: Jade Gao, Shein, cybersecurity, Lee Kair, Kair, Dewardric McNeal, McNeal, Ram Ben Tzion, Ben Tzion, Department of Homeland Security's, Shein's, Srini Cherukuri, Chris Xu's, Zero100, Eric Fullerton, Project44 Organizations: Shein, Afp, Getty, Transportation Security Administration, U.S, Authentic Holdings, Simon Property Group, Longview Global, Obama administration's Department of Defense, CNBC, Standards Organization, Secretariat, IAF, Microsoft U.S, EU, Social, International, Uyghur Forced Labor, Department of Homeland, Border Patrol, New York, ITS Logistics, Logistics Locations: Guangzhou, China's Guangdong, Jade, China, U.S, Exiger, Shein, Asia, Singapore, Frankfurt, Germany, Xinjiang Province, Customs, York, United States

☆ Millennium org chart: The 47 executives behind Izzy Englander's $64 billion hedge-fund behemoth
▼ + stars: | 2024-06-05 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +5 min

A decade ago, Millennium Management managed $21.1 billion and had 18 senior people — all a part of the executive committee — listed on its website. Now the $64 billion multistrategy manager has 47 names on its leadership page split among divisions like the relatively new Office of the CIO. Executive teams are often just a firm's founder and a few trusted lieutenants. Many departures from the firm's top level have been executives launching their own funds or joining Millennium colleagues starting their own funds. Michael Gelband and Hyung Lee, who once ran fixed income and equities, respectively, brought the business-development pro Peter Hornick and the risk executive Dev Joneja with them when they launched ExodusPoint.

Persons: —, Izzy Englander, hasn't, Englander, Bobby Jain, Ajay Nagpal, Michael Chung, Peter Santoro, Izzy, Jain, Stephen Haratunian, Michael Gelband, Hyung Lee, Peter Hornick, Dev Joneja, Kurt Baker, Jonathan Xiong Organizations: Millennium Management, Business, Fidelity, Bloomberg, Citadel, Millennium Locations: BlackRock, New York, Asia

☆ Jamie Dimon might finally be ready to call it quits
▼ + stars: | 2024-05-21 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

The big storyA retirement loomsMarianne Ayala/BIThe world's most recognizable banker might finally be ready to call it quits. The comings and goings of Wall Street executives are common, even at the highest levels. Wall Street has long speculated about who will ultimately succeed Dimon. Martin Gruenberg has told staff he'll stand down as chairman once a replacement has been found , per The Wall Street Journal. A report from the Wall Street Journal says the company hopes to conduct its next implant in June.

Persons: —, Jamie Dimon's, Marianne Ayala, Jamie Dimon, Insider's Paul Squire, nodded, Morgan Stanley, JPMorgan's, Tom Williams, Dimon, Jennifer Piepszak, Marianne Lake, Troy Rohrbaugh, BI's Reed Alexander, Reed, M, Alyssa Powell, Goldman Sachs, Lindsay MacMillan, Nancy Lazar, Piper, Martin Gruenberg, OpenAI, Scarlett Johansson, Sam Altman's, Andrea Chronopoulos, they're, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Service, Navy SEAL, Business, JPMorgan, Street, Citi, Bank, Inc, Getty, Wall, Dimon, Bank of America, FDIC, Microsoft, Wall Street Journal Locations: New York, London

In the Opinion video above, Dr. Samer Attar, an American surgeon from Chicago, shows us the unfathomable brutality of the war in Gaza. He was a member of the first delegation of international doctors to embed in the northern part of the territory this spring. Over two weeks, Dr. Attar volunteered at local hospitals and filmed what he saw. Dr. Attar’s video diaries capture the war’s toll on civilians and the struggle among Palestinian medical workers to save lives amid extreme shortages of critical medicine, blood and basic supplies in Gaza’s shattered health care sector. As pressure for a cease-fire mounts, Dr. Attar argues in this video that any agreement must include three concrete terms to save thousands of innocent lives in Gaza.

Persons: Samer Attar, Dr, Attar, —, Attar’s Organizations: Awda, Sunday Locations: American, Chicago, Gaza

☆ Neuralink will embed wires deeper in the brain to fix problems after its first patient: WSJ
▼ + stars: | 2024-05-20 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +1 min

Neuralink has gotten the FDA go-ahead for a second implant, the Wall Street Journal reports. This time, it's implanting the wires a few millimeters deeper to prevent retraction. Neuralink's first patient lost some function but has since greatly improved, the Journal reported. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementNeuralink has gotten the go-ahead to implant its device into a second patient — and has settled on a fix for the error that plagued its inaugural trial.

Persons: Neuralink, it's, Neuralink's, — Organizations: Wall Street, Service, Street, Food and Drug Administration, Business

☆ Opinion: Israel could defeat Hamas in Gaza more quickly if the US didn’t hold it back, this military expert says
▼ + stars: | 2024-05-17 | by ( Hilary Krieger | ) edition.cnn.com time to read: +20 min

CNN: Do you think that Israel can defeat Hamas without conducting a ground invasion in Rafah? The fact is that Rafah’s where the hostages and remaining Hamas military power and leadership are believed to be, their rockets and weapons production and other capabilities, everything. CNN: Couldn’t Israel’s offensive still have the effect of creating more militants who are going to join Hamas and fight against Israel? But it’s also a very winnable war for Hamas at this point because wars are not determined just by military capability. The problem is that the international community pushed Israel into this framework of going slower, going methodically, evacuating every area beforehand.

Persons: CNN —, John Spencer, Spencer, John Spencer Spencer, He’s, ” Spencer, JACK GUEZ, they’ve, we’re, there’s, Couldn’t, David Petraeus, Petraeus, who’s, it’s, You’ve, Dawoud Abo, Israel, I’ve, Israel doesn’t, that’s, — we’re, they’re, would’ve Organizations: CNN, Israel Defense Forces, Hamas, Modern, Institute, IDF, United Nations Relief, Works Agency for Palestine Refugees, Getty, Israel, Nazi, Spencer, Shiva, Dawoud Abo Alkas, ISIS, UN, Gaza, Twitter, Facebook Locations: Israel, Gaza, Iraq, West, Rafah, Spencer, Israeli, Hamas, Gaza City, AFP, Iran, Palestine, Northern Gaza, Afghanistan, United States, Egypt, Sinai, Anadolu, Qaida, Mosul, Panama, Tokyo

☆ Citi names one under-the-radar stock to buy on an AI opportunity, giving it 22% upside
▼ + stars: | 2024-05-16 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

Citi recently named one under-the-radar company to buy on a "data and AI opportunity." The bank pointed out that ExlService has the talent to meet the demand too, with its more than 13,000 AI, generative AI, data and digital "experts." "EXLS also provided medium-term targets (2024-25) of double digit revenue growth, incremental margin improvement, and faster-than-revenue EPS growth," Citi analysts wrote. The current demand pipeline for its data and AI services stand at $2 billion, according to Citi. The bank gave the stock a buy rating and a price target of $37, or potential upside of 22%.

Persons: ExlService Organizations: Citi, ExlService Holdings

☆ Chinese asylum seekers in New York City live in limbo, caught between China and the US
▼ + stars: | 2024-05-15 | by ( Tara John | Yong Xiong | ) edition.cnn.com time to read: +14 min

It was his only day off from working 12-hour shifts at a Chinese restaurant in New York City. Evelio Contreras/CNNAfter arriving in New York, Ye spent a week in a Manhattan shelter. For Chinese asylum seekers like Ye, there is a well-trodden route to residency in the US. … It’s impossible for them to be spies.”But the rhetoric around the rise of undocumented Chinese migrants highlights growing tensions between the US and Chinese governments. He received permanent US residence a year later and has gone on to help Chinese migrants in Flushing.

Persons: Ye Chengxiang, “, ”, Ye, Evelio Contreras, Amy Hsin, Jiang Zhen, Yong Xiong, Xi Jinping, Biden, Mark Green of, Wan Yanhai, …, Jiang, “ It’s, I’m, Melanie Stetson Freeman, ’ Wan, Flushing . Li Jiada, Li Jiada, Jesus, Li Organizations: NY CNN, Central America, CNN, Queens College, Customs and, Embassy, Central, Chinese Ministry of Foreign Affairs, China, Republicans, Republican, House Homeland Security Committee, Communist Party, Christian Science, Customs Enforcement, of, Yorker Locations: Flushing, NY, New York City, China, Communist, Ye, States, Colombia, Darien, South, Central, New York, Manhattan, Flushing’s, Sunset, Mexico, Central America, Queens, Hunan province, Guangdong, Chinatown, , Flushing , New York, San Francisco, Mark Green of Tennessee, Beijing, Flushing ., Flushing , Queens

☆ Opinion: How an ICC arrest of Netanyahu could play out
▼ + stars: | 2024-05-14 | by ( Opinion Dan Perry | ) edition.cnn.com time to read: +10 min

CNN —The signs are mounting that the International Criminal Court (ICC) is weighing an indictment against Israeli Prime Minister Benjamin Netanyahu and other top Israeli officials over Israel’s conduct of its war against Hamas in Gaza. But in 2015 the ICC stepped in to decide that implicitly it is, by accepting it — without consulting the Assembly of States Parties (ASP), representing ICC member states. Could the highly respected chief prosecutor, Britain’s Karim Khan, be feeling some pressure to play his part in ramping up the pressure on Netanyahu? Netanyahu is on the ropes politically and would almost certainly be trounced in an election held today. Israel desperately needs Netanyahu to be gone, as does the region and the world.

Persons: Dan Perry, Read, Benjamin Netanyahu, ”, Russia’s Vladimir Putin, Sudan’s Omar al, Bashir, Moammar Ghadhafi’s, Saif, Netanyahu, Israel’s, Jordan, Egypt —, Dan Perry Moreover, —, Britain’s Karim Khan, Joe Biden’s, Israel Organizations: London, Associated Press, CNN, Criminal Court, Israeli, ICC, West Bank, ISIS, UN, States Parties, West, The West Bank, Bank, Palestinian Authority Locations: Cairo, Europe, Africa, Israel, Gaza, United States, Jerusalem, Sudan, Britain, Iraq, al, Libya, Yemen, Palestine, Palestinian, West Bank, East Jerusalem, Egypt, ramping, Iran

☆ OpenAI unveils newest AI model, GPT-4o
▼ + stars: | 2024-05-13 | by ( Clare Duffy | ) edition.cnn.com time to read: +5 min

The new model, called GPT-4o, is an update from the company’s previous GPT-4 model, which launched just over a year ago. Rivals including Google and Meta have been working to build increasingly powerful large language models that power chatbots and can be used to bring AI technology to various other products. The OpenAI event came one day ahead of Google’s annual I/O developer conference, at which it’s expected to announce updates to its Gemini AI model. OpenAI executives demonstrate the company's latest large language model, GPT-4o. Free ChatGPT users will have a limited number of interactions with the new GPT-4o model before the tool automatically reverts to relying on the old GPT-3.5 model; paid users will have access to a greater number of messages with the latest model.

Persons: OpenAI, Mira Murati, ” Murati, ChatGPT, “ You’re, Scarlett Johansson, ”, Sam Altman, it’s Organizations: New, New York CNN, Monday, San, Rivals, Google, Gemini, Apple, Worldwide Developers Conference, Microsoft Locations: New York, ChatGPT, San Francisco

☆ Work Culture in Norway: Strict Working Hours and No Online Shopping
▼ + stars: | 2024-05-10 | by ( Megan Carnegie | ) www.businessinsider.com time to read: +7 min

There's a mentality that you should strive to have a life outside work by working set hours and having boundaries. Deep work is the defaultAt work, Norwegians are working, and deep work is expected of everyone. I've set up my notification systems so that only important things come through outside work hours. Talking of work outside work is not taboo, but you don't want to be the guy who can't shut up about work. You get used to this dynamic where time is precious and hate it when someone's late outside work.

Persons: —, Sondre Kvam, Norway that's, they're, there's, I've, she's Organizations: Service, VR, Companies Locations: Norway, Norwegian, Oslo, Sweden

☆ A catchy propaganda song praising North Korea's authoritarian leader is enchanting TikTok and being compared to ABBA, reports say
▼ + stars: | 2024-05-04 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +1 min

Kim Jong Un's latest propaganda song, "Friendly Father," is trending on TikTok. The song is part of North Korea's strategy to embed ideological messages in catchy pop tunes. AdvertisementNorth Korean leader Kim Jong Un dropped his latest propaganda song a fortnight ago, and the synth-pop track is seemingly winning over TikTokers, BBC News reported. With its upbeat tempo and catchy melody, "Friendly Father" is reminiscent of an ABBA track — but with a Soviet-sounding twist. While experts say the song is a calculated attempt to feed state propaganda to the masses, TikTokers are just enjoying the tune.

Persons: Kim Jong, —, Kim Jong Un Organizations: Service, TikTokers, BBC News, Business Locations: North, Chinese, Soviet

☆ How rich are we? The wealthy families who don't prepare their heirs
▼ + stars: | 2024-04-29 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +4 min

Rich families across the globe are concerned about how to prepare their children to manage their wealth, but few are doing anything about it. According to a survey by JPMorgan, 69% of ultra-wealthy families cite succession planning as a top priority. That said, she attributed some of the reluctance to many of these family offices being formed within the past 10 or even five years. "Conversations about wealth can be challenging and, in our experience, families often have found it difficult to get started," she told Business Insider. Only 15% of family offices with at least $1 billion in assets kept heirs unaware compared with 27% for firms with $50 million to $500 million.

Persons: Rich, Elisa Shevlin Rizzo, Goldman Sachs, Ackah, Edward Jones Organizations: JPMorgan, Business, Forbes, UBS

☆ AI has yet to be truly transformational like the internet, CEO says
▼ + stars: | 2024-04-29 | by ( Camilo Fonseca | ) www.businessinsider.com time to read: +2 min

AI-powered solutions need to incorporate real-time data into their responses to be the most useful, he added. "My life has not been transformed by AI," MongoDB CEO Dev Ittycheria said in an interview with TechCrunch. AdvertisementAI services will have to incorporate "real-time data" to make them transformative to the average person, Ittycheria said. "I think that's where we will start seeing much more sophisticated apps, where you can embed real-time data along with all the reasoning." Bill Gates has compared AI to seismic tech advancements like the invention of the PC or the internet.

Persons: it's, Dev Ittycheria, —, Ittycheria, Bill Gates, Mark Zuckerberg Organizations: Service, TechCrunch

☆ The man who led Google Photos to 1 billion users is now the newest group partner at Y Combinator
▼ + stars: | 2024-04-18 | by ( Melia Russell | ) www.businessinsider.com time to read: +7 min

Lieb, having a background in semiconductors and not server management, reached out to his fellow Y Combinator founders for support. After a year and a half of advising at the accelerator, he's stepping up as a group partner, Y Combinator tells Business Insider exclusively. It was never released, but many of the ideas would later come back in the form of Google Photos. From there, he reached into the Y Combinator alumni network to find other promising upstarts. David Lieb, second from left, speaks to a group of Y Combinator founders.

Persons: David Lieb, Lieb, Alex Polvi, Combinator —, Garry Tan, Jared Friedman, Harj Taggar, Michael Seibel, Sam Altman, it's, Y Combinator, " Lieb, Dan Lieb, Y, Xoogler, Patrick, John Collison's, Mixpanel, Jake Mintz, Forbes, Kevin Systrom, Flock, Andy Huibers, Mary, 72m2YgJZq8 — David Lieb, Ryan Peterson, He's Organizations: Apple, Business, Investors, Google Locations: Cloudkick, San Francisco, Silicon Valley, Flexport

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