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☆ China's government-approved AI chatbots were released to the public this week. Baidu's chatbot Ernie reportedly says a Chinese military takeover of Taiwan is possible.
▼ + stars: | 2023-09-02 | by ( Aaron Mok | Alistair Barr | ) www.businessinsider.com time to read: +4 min

The Chinese government recently approved several generative AI chatbots for public use. Baidu's new Ernie AI chatbot weighed in on the future of Taiwan. Zhipu, from shopping-platform Meituan, gave the best results, he said, though "all the Chinese bots have catching up to do." On Taiwan: When the reporter asked these AI bots whether Taiwan is a country, Ernie declared that a Chinese military takeover of Taiwan is possible, according to the report. When the reporter asked these AI bots whether Taiwan is a country, Ernie declared that a Chinese military takeover of Taiwan is possible, according to the report.

Persons: Ernie AI chatbot, Baidu's, Ernie, Baidu, SenseTime's SenseChat, Bytedance's, Zheping Huang, Tencent's, SenseTime, Xi Jinping Organizations: Bloomberg News, Morning, Baidu, Reuters, Bloomberg Locations: Taiwan, China

☆ An 800-year-old Belgian city is at the forefront of tech innovation, using 5G to power a smarter city
▼ + stars: | 2023-08-31 | by ( Chris Stokel-Walker | ) www.businessinsider.com time to read: +4 min

It's integrating 5G into city services, such as energy management, to build a smarter city. The project also includes affordable or free 5G internet access for residents, depending on needs. AdvertisementAdvertisementThe Belgian city of Wavre has had its city status since 1222. It will also enable a peer-to-peer energy-sharing model that helps businesses and organizations share energy depending on needs. The project's participants have said the CONNECTOW project may transform Wavre into a fully smart city by 2030.

Persons: Anne Masson, Masson Organizations: European Union, CONNECTOW, 5G Locations: Wavre, Belgium, Belgian

☆ Video-game experts say 5G is the key to next-level play, from high-definition mobile gaming to VR experiences
▼ + stars: | 2023-08-17 | by ( Chris Stokel-Walker | ) www.businessinsider.com time to read: +5 min

The tech helps game development and playing, especially in the growing sector of cloud gaming. One of the biggest and longest-standing cloud-gaming platforms is Xbox Cloud Gaming, which was launched by Microsoft in 2019. Whatley said he believed that the success of Xbox Cloud Gaming was dependent on the rollout of 5G technology worldwide. Changes in gaming could trickle down to other industriesWhat happens in the games industry often trickles down to the wider world in time. Given that, Bharkhada said she believed that an increase in the quality of mobile and cloud gaming would also have positive effects on industries that borrowed elements from the gaming industry.

Persons: It's, Bharkhada, James Whatley, Whatley Organizations: AAA, 5G, Research, Ericsson, Cloud Gaming, Microsoft, Xbox Cloud Gaming, Apple Vision Locations: Ukie

☆ Ron DeSantis refuses to say what he'd do if one of his kids is gay or trans: 'We'll leave that between my wife and I'
▼ + stars: | 2023-08-16 | by ( Taylor Berman | ) www.businessinsider.com time to read: +2 min

Ron DeSantis refused to say how he would respond if one of his children is gay. DeSantis has fought to pass restrictions in Florida on how gender identity and other topics can be taught. But when asked by Time Magazine how he would respond if one of his three kids turned out to be gay or trans, he didn't have much to say. DeSantis' presidential campaign has been struggling, to put it mildly. As of today, according to FiveThirtyEight, DeSantis trails Trump by nearly 40 percentage points in major national polls.

Persons: Ron DeSantis, DeSantis, Molly Ball, he's, Time's Molly Ball, He's, Donald Trump, Chris Christie Organizations: Service, Disney, Time Magazine Locations: Florida, Wall, Silicon, New Hampshire, FiveThirtyEight, Trump

☆ More than 1,000 people died on Virginia's roadways last year, but a high-tech trial showed safer streets might be just a couple of years away
▼ + stars: | 2023-08-10 | by ( Chris Stokel-Walker | ) www.businessinsider.com time to read: +6 min

A trial on a controlled-access road in Virginia used 5G to power split-second safety data. This article is part of "5G Playbook," a series exploring one of our time's most important tech innovations. But technology being trialed on a controlled-access rural road in Virginia could help save lives. Safer, high-tech roads require more 5G accessIt's important because too many people fall victim to serious or fatal crashes on Virginia's — and the nation's — roads. The project comes at a critical moment for Virginia, whose pedestrian fatalities increased 37% in 2022 over 2021 data.

Persons: Masahiko Mack Nakagawa, Nakagawa, —, Mike Mollenhauer Organizations: National, Traffic Safety, 2G, NEC, Virginia Smart Roads, Virginia Tech Transportation Institute Locations: Virginia, Blacksburg , Virginia, Smart Virginia, Japan

☆ 13 Hollywood production companies making brand films that streamers like Netflix and Apple want to buy
▼ + stars: | 2023-08-09 | by ( Lucia Moses | ) www.businessinsider.com time to read: +11 min

said Marc Gilbar, who runs the brand division at Imagine Entertainment. Some are also looking to brand films to offset some of the revenue they're losing in the dual Hollywood strikes. (Brand films are often unscripted and thus aren't governed by the Hollywood unions.) They also see brand work being a positive for below-the-line workers who are idled by the work stoppage. Led by EVP Kate Oppenheim, Tribeca Studios' projects have included "We Could be King" (ESPN2) for Dick's Sporting Goods and P&G's Queen Collective series (BET).

Persons: Ben Silverman, Issa Rae's Hoorae, Kevin Hart's Hartbeat, Julian Jacobs, we've, Marc Gilbar, Samuel L, Jackson, Emma Stone, Zac Ryder, Olivia Wilde, Laurene Powell Jobs, Caitlin McGinty, It's, James Gay, Rees, Paul Martin, Kevin Hart's, Hart, Hartbeat, Brian Price, Chase Sapphire, Procter, Reese Witherspoon, Zoe Fairbourn, Ron Howard, Brian Grazer's, Ron Howard's, Bryce Dallas Howard, Gilbar, Rocco DiSpirito, General Mills, Rupert Maconik's Saville, Werner Herzog, Barry Levinson, Sugar23, Oscar, Michael Sugar, Trevor Noah's, he's, Kennedy, Matt Rotondo helms, Sugar, Mike Beck, Alexa Conway, Trevor Noah, Kate Oppenheim, HBO Max, Paul McCartney, Mary McCartney Ventureland, Kerstin Emhoff, Paul Hunter, John Battsek, Stacy's Pita Chips, Will, Jada Pinkett, REI, Gargi Organizations: Hollywood, Brands, Mattel, Netflix, Apple, UTA, Imagine Entertainment, Producers, Adobe, IBM, Anonymous, HP, Afghan Girls National Soccer Team, Showtime, Pepsi Boardwalk Pictures, Relativity Media, Super, Pepsi, REI, Unilever, Marriott, Surf League, Major League Soccer, Sam's, Gamble, Weinstein Co, Hulu, Imagine, Paramount, Saville Productions, Disney, Time Studios, Procter & Gamble, Anheuser, Busch, InBev, CAA, Studios, MSNBC, ABC, NBC, Tribeca Studios, Dick's Sporting Goods, HBO, CNN, Mobile, Stacy's, Everest, Vice Studios, Westbrook Media, Meta, Logitech, Samsung Locations: Hollywood, Subway, Magnolia

☆ Natalie Portman says "theatre" of soccer perfect venue to fight for gender equity
▼ + stars: | 2023-08-04 | by ( Lori Ewing | ) www.reuters.com time to read: +3 min

Cast member Natalie Portman poses. Israeli-American Portman is the co-founder of National Women's Soccer League (NWSL) team Angel City and is in Australia for the ongoing Women's World Cup along with many of the club's co-owners and staff. And it was really the female players being such icons and heroes... "I could like barely walk across the street without tripping, so this is definitely an unusual, unexpected turn of events in my life - my love for (soccer)," Portman said. "It was the fact that it was Natalie Portman, you know, queen of Star Wars, first female Thor, and I thought, well, if Natalie thinks it's possible, maybe it's possible," Nortman said.

Persons: Natalie Portman, Sarah Meyssonnier, Oscar, Portman, Julie Foudy, Mia Hamm, General Fatma Samoura, Kara Nortman, Star, Thor, Natalie, it's, Nortman, Angel, Lori Ewing, Christian Radnedge Organizations: Cannes, National Women's Soccer League, Angel City, Angel, Equity Summit, Sydney Opera House, FIFA, Hollywood, Star Wars, Thomson Locations: France, Angel, Australia, U.S, Angel City, Harare, Zimbabwe

☆ The famed Cleveland Clinic just opened a 'smart hospital' where 5G may eventually power everything from check-ins to surgery
▼ + stars: | 2023-08-03 | by ( Sarah Sloat | ) www.businessinsider.com time to read: +4 min

It's a first-in-the-nation "smart hospital" powered by 5G technology. On July 11, the Cleveland Clinic, the esteemed healthcare system based in Ohio, opened its 23rd hospital. The Cleveland Clinic Mentor Hospital is the first hospital in the country built with a private 5G network. Mentor Hospital is in the early stages of its 5G rolloutThe hospital is just starting to implement its 5G-enabled features. Cleveland Clinic5G holds promiseBeyond Mentor Hospital, 5G is already used to perform remote surgery, and some experts speculate it will fuel a rise in robotic surgery.

Persons: It's, Shibu Thomas, Cleveland, Thomas Organizations: Cleveland Clinic, 5G, Cleveland Clinic Mentor, Cleveland Clinic's, Mentor Hospital Locations: Mentor , Ohio, Ohio, China, South Korea, Thailand, Israel

If you want to know how to watch Spence vs. Crawford live streams without paying absurd pay-per-view prices, you're not alone. How to watch Spence vs. Crawford live stream from anywhereWhen it comes to the Spence vs. Crawford PPV price, you can't beat the UK. How to watch Spence vs. Crawford with a VPNSign up for a VPN if you don't have one. Shop at ShowtimeHow to watch Spence vs. Crawford in AustraliaKayo Sports will offer the championship bout for Australian viewers. Spence vs. Crawford fight scheduleAhead, we list a schedule of other bouts happening, listed in reverse chronlogical order starting from the main event.

Persons: Errol Spence Jr, Terence Crawford, Spence, Crawford, We've, ExpressVPN, CEST, There's, Terence Crawford —, Isaac Cruz, Giovanni Cabrera —, Alexandro Santiago, Yoenis Tellez, Sergio Garcia — Organizations: Showtime, TNT Sports, BT Sport, TNT, USA Showtime, Apple, TV, LG, Samsung, Xbox, Sports, UK's TNT Sports, Spence, Giovanni Cabrera — WBC, WBC Locations: Las Vegas, USA, Australia

☆ A city in Colorado improved trash collection, streetlights, and more by using 5G to get 'smart'
▼ + stars: | 2023-07-27 | by ( Kristina Etter | ) www.businessinsider.com time to read: +5 min

In 2018, Colorado Springs, Colorado, embraced 5G technology to become a "smart" city. In 2018, John Suthers, then the mayor of Colorado Springs, Colorado, announced a plan to turn his hometown into a smart city. How 5G connectivity made trash cans 'smart'In various aspects of city operations in Colorado Springs, 5G integration is proving valuable. Discussing future applications of 5G, Pace told Insider: "We've researched using 5G for kiosks, cameras, and autonomous vehicles." Informational kiosks using 5G connectivity would provide local information and could be used for advertising, Pace said.

Persons: John Suthers, Joshua Pace, Streetlights, Pace Organizations: 5G, city's, Innovation, Pace, Colorado Springs Locations: Colorado Springs , Colorado, Colorado Springs, Colorado

☆ The CEO of a nonprofit that gathers sound to catch illegal activity in the rainforest says 5G technology can get high-quality audio into the hands of those who need it — fast
▼ + stars: | 2023-07-26 | by ( Sarah Sloat | ) www.businessinsider.com time to read: +8 min

Bourhan Yassin became the CEO of Rainforest Connection in 2022 after years of working in tech. Rainforest Connection gets a tech upgradeA few years ago, Rainforest Connection switched from cellphones to a custom-made device called the Guardian. To access a 3G or 4G signal, Rainforest Connection points the Guardian's antennas toward the cellphone tower of a nearby town. For example, Rainforest Connection has previously collaborated in Puerto Rico with the US Fish and Wildlife Service, where 5G coverage is expanding. Before he worked with Rainforest Connection, Yassin said he measured success through metrics such as funding.

Persons: Bourhan Yassin, Yassin, —, — Yassin, we've Organizations: Rainforest Connection, Guardian, Google, Connection, Guardian ., US Fish and Wildlife Service, Rainforest Locations: Dubai, United Arab Emirates, Costa Rica, Kenya, Brazil, Tanzania, Indonesia, Ecuador, Poland, Puerto Rico

☆ Shakespeare's works have inspired innovation for over 400 years. Now, 5G could make his plays even more immersive.
▼ + stars: | 2023-07-25 | by ( Sarah Sloat | ) www.businessinsider.com time to read: +6 min

The Royal Shakespeare Company has been using tech to transform The Bard's work for years. The Royal Shakespeare Company is a theater group based in Stratford-upon-Avon, England — Shakespeare's birthplace. The Royal Shakespeare Company hasn't used 5G in production yet, but the deployment is on "a very close horizon," Ellis said. In 2016, the Royal Shakespeare Company incorporated a digital avatar into a real-time performance of "The Tempest," Shakespeare's last play. A Royal Shakespeare Company actor performs in "Dream."

Persons: William Shakespeare, Sarah Ellis, Ellis, that's, Ellis —, it's, Ariel, Stuart Martin Organizations: Royal Shakespeare Company, Ericsson Locations: Stratford, Avon, England, Swedish

☆ China's slow AI roll-out points to its tech sector's new regulatory reality
▼ + stars: | 2023-07-12 | by ( Josh Ye | ) www.reuters.com time to read: +6 min

[1/3] An AI (Artificial Intelligence) sign is seen at the World Artificial Intelligence Conference (WAIC) in Shanghai, China July 6, 2023. New rules Chinese firms have to comply with range from algorithm vetting to accepting security reviews of data they want to export. They definitely stifle the innovation and slow down the ability of Chinese firms to catch up." A key motivation behind China's reluctance to release AI chatbots is that Beijing fears uncensored chatbots may start influencing societal views in potentially subversive directions, said Mark Natkin, managing director of research firm Marbridge Consulting. "While the U.S. is racing ahead with AI, China is hitting the brakes with more rules."

Persons: Aly, HONG KONG, OpenAI's ChatGPT, Henry Gao, Ernie Bot, Robin Li, Shi, Mark Natkin, Heatherm Huang, Bard, Microsoft's Bing, Xi Jinping, Baidu, Josh Ye, Brenda Goh, Jamie Freed Organizations: Artificial Intelligence, REUTERS, China, Baidu, HK, Ant Group, Western, Singapore Management University, Microsoft, SenseChat, Nomura, Marbridge Consulting, Huawei Technologies, Thomson Locations: Shanghai, China, HONG, Beijing, Alibaba, Tencent, Hong Kong, U.S

☆ Analysis: China's slow AI roll-out points to its tech sector's new regulatory reality
▼ + stars: | 2023-07-12 | by ( Josh Ye | ) www.reuters.com time to read: +6 min

☆ Trump aide Walt Nauta finally enters not-guilty plea in Mar-a-Lago document case after he spent a month trying to find a Florida lawyer
▼ + stars: | 2023-07-06 | by ( Kimberly Leonard | ) www.businessinsider.com time to read: +4 min

After two previous delays, Nauta hired attorney Sasha Dadan to represent him in the case. Like Trump, Nauta didn't have to post a bond and won't face restrictions on his travel as the case moves forward. Trump directed Nauta "to move boxes of documents to conceal them from Trump's attorney, the FBI, and the grand jury," the indictment alleges. Nauta is a longtime personal aide for Trump, who remains the frontrunner for the 2024 GOP presidential nomination. US District Judge Aileen Cannon, who Trump appointed when he was president, is expected to preside over the trial itself.

Persons: Walt Nauta, Sasha Dadan, Nauta, —, Donald Trump's, Waltine, Stanley Woodward, Woodward, Edwin Torres, Dadan, He'd, Torres, wasn't, Trump, Jonathan Goodman, Trump's, Bruce Reinhart, Aileen Cannon, Cannon, Jack Smith Organizations: Service, MIAMI, Florida House, Trump, White, FBI, Navy, Department of Justice Locations: Fort Pierce , Florida, Miami, Florida, Newark , New Jersey, Hewas, Newark, Bedminster , New Jersey, Mar, White, Lago

☆ Elon Musk and Mark Zuckerberg were grumbling about each other behind closed doors long before talk of a potential cage fight, report says
▼ + stars: | 2023-06-23 | by ( Grace Kay | ) www.businessinsider.com time to read: +4 min

Before the cage match offer, Elon Musk and Mark Zuckerberg privately grumbled about each other, WSJ reported. Tensions between Elon Musk and Mark Zuckerberg appear to have been simmering for quite some time — long before the two indicated they might be ready to settle their differences in a cage match. The Tesla CEO was named as Time's Person of the Year in 2021 and has received wide recognition for running five different companies, including Tesla and SpaceX. The Meta CEO was quick to respond to Musk's taunt, telling him "Send me location." Meanwhile, a spokesperson for Meta told The Verge that Zuckerberg is serious about the offer to fight.

Persons: Elon Musk, Mark Zuckerberg, Zuckerberg, gripes, Musk, Bill Gates, Jeff Bezos, Forbes, Tesla, Dana White, Insider's Hasan Chowdhury Organizations: Morning, Elon, Street, Meta, Tesla, SpaceX, Facebook, Bloomberg, Vegas, UFC, Twitter, DraftKings

☆ The cult of Emily Oster
▼ + stars: | 2023-06-22 | by ( Sarah Todd | ) www.businessinsider.com time to read: +30 min

Emily Oster is sitting in the back of a car, checking her Garmin watch as we lurch through rush-hour traffic toward the Holland Tunnel. A self-described expert in data, Oster uses her economics training to dig into studies on things like circumcision and screen time and translate them for popular consumption. There doesn't seem to be much of a gap between the way Oster presents herself in her books and newsletters and the way she conducts her life. Unsurprisingly, economics informs every aspect of the way Oster sees the world. When Oster was a toddler, her mother told a Yale colleague that Oster often talked to herself before falling asleep.

Persons: Emily Oster, doesn't, Oster, Taylor Swift, Spock, —, Mandy Moore, Emily DiDonato, Amy Schumer, " Oster, Emily, Aisha McAdams, Claudia Goldin, who's, Lori Feldman, " Feldman, Winter, It's, reopenings, Timothy Caulfield, Oster's Brown, OSTER, She's, Sheryl Sandberg's, Brown, Denis Tangney Jr, graham, Eminem, Sharon Oster, Ray Fair, Jesse Shapiro, Katherine Nelson, Carl, Choate Rosemary Hall, John F, Kennedy, Glenn Close, Ivanka Trump, Goldin, Steven Levitt —, Oster —, Paul Farmer, Steven Levitt, Oster's, Levitt, Robert Barro, demographer Monica Das Gupta, Joseph Delaney, she'd, I've, Matt Notowidigdo, Chicago Booth, hadn't, Udo Salters, Patrick McMullan, Shapiro, Jessica Calarco, Dr, Anthony Fauci, Donald Trump, Calarco, Rochelle Walensky, Delaney, University of Manitoba epidemiologist, Abigail Cartus, Justin Feldman, Delivette Castor, they're, COVID, Castor, Notowidigdo, Carter, you'd, she's, there's Organizations: Garmin, Brown University, New York Times, American Academy of Pediatrics, Yorker, Yale School of Management, Yale, Harvard, Connecticut, Choate, University of Chicago, Forbes, Wall, Publicly, University of Manitoba, Getty, Oster, Centers for Disease Control, Columbia University, Harvard Business School Locations: Holland, Montclair , New Jersey, Montclair, Harvard, Providence , Rhode Island, New Haven , Connecticut, China, Canada, Chicago, Ohio, New Jersey

☆ Gender biases not improved over past decade, U.N. says
▼ + stars: | 2023-06-12 | by ( Federica Urso | ) www.reuters.com time to read: +2 min

[1/2] A demonstrator looks on during a rally to mark the International Women's Day in Buenos Aires, Argentina, March 8, 2023. In its latest report, the United Nations Development Programme tracked the issue through its Gender Social Norms Index, which uses data from the international research programme World Values Survey (WVS). The survey draws from data sets spanning 2010-2014 and 2017–2022 from countries and territories covering 85% of the global population. The latest analysis showed that almost nine out of 10 men and women hold fundamental biases against women and that the share of people with at least one bias has barely changed over the decade. "We need to change the gender biases, the social norms, but the ultimate goal is to change the power relations between women and men, between people," Aroa Santiago, gender specialist in inclusive economies at UNDP, told Reuters.

Persons: Cristina Sille, Heriberto Tapia, Aroa, Federica Urso, Simon Jessop, Matthew Lewis Organizations: REUTERS, United Nations, United Nations Development, UNDP, Reuters, Thomson Locations: Buenos Aires, Argentina, United States, Aroa Santiago, Rome

☆ Elon Musk is wrong about a housing-market crash
▼ + stars: | 2023-06-02 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +4 min

Selma Hepp, the chief economist at CoreLogic, said that's not going to happen. The nation's dearth of housing supply will keep home prices high and prevent a crash. On Monday, the billionaire — who has built a multi-million dollar portfolio of real estate properties — shared one of his most contentious opinions so far in 2023: "Commercial real estate is melting down fast. She said the housing naysayers are wrong and that the housing market is instead heading towards a recovery. Hepp attributes the real estate market's rebound to an imbalance of housing supply and demand that has heightened competition amongst borrowers.

Persons: Elon Musk, Selma Hepp, that's, —, Ray Farris, Ian Shepherdson, Freddie Mac, Hepp, CoreLogic, San Francisco — Organizations: Service, Privacy, SpaceX, Credit Suisse, San Locations: West Coast, Diego, Durham , Connecticut, Boston, New York City, Redfin

☆ When couples say they broke up over money, it's not the real reason, therapist says. Here's what is
▼ + stars: | 2023-05-25 | by ( Annie Nova | ) www.cnbc.com time to read: +5 min

Guralnik is the star of the Showtime documentary series "Couples Therapy," in which she analyzes real patients in a room with hidden cameras. While financial issues can spark intense conflict for couples, Guralnik doesn't believe money, or the lack of it, is the real reason they split up. "If you're refusing to look at your bank account when you're pulling out your credit card, you can accrue debt," Guralnik said. People are "shielding themselves from knowing reality" when they refuse to pay attention to their finances, Guralnik said. Two people in a relationship can have vastly different attitudes about money, Guralnik said.

Persons: Orna, he'd, doesn't, George Frederick Watts, Orna Guralnik, Guralnik doesn't, Guralnik, It's, what's, I'm, Kristi, Brock, Guralnik they're, Jamie Grill Organizations: Showtime, Finance, Guralnik

☆ Hollywood writers' strike halts production of 'Stranger Things,' 'Severance,' Marvel's ‘Blade’
▼ + stars: | 2023-05-08 | by ( Sarah Whitten | ) www.cnbc.com time to read: +4 min

More than 11,000 film and television writers, who say their compensation doesn't match the revenue generated in the streaming era, are on strike for the first time since 2008. Since then, a number of notable films and shows have halted or wrapped production early, including Netflix's "Stanger Things," Disney and Marvel's "Blade," AppleTV+'s "Severance" and Paramount's "Evil." Beyond the delayed production, and likely delayed releases, of these titles, industry experts worry the work pause could have a financial toll greater than that of the previous writers' strike. A number of productions with finished scripts, like Amazon's "The Rings of Power," have decided to continue filming without writers or showrunners on set. "While we're excited to start production with our amazing cast and crew, it is not possible during this strike.

☆ I shifted my work schedule to fit mostly into a 4-day week. Now I devote Fridays to my side hustle.
▼ + stars: | 2023-05-07 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +4 min

Priyanka Jain works in communications at Arup, a British design firm with flexible work options. Before moving around her work schedule, her side hustle felt like an "afterthought." Knowing Arup was flexible with work in that way, I decided to pitch the idea of a different work schedule to my boss. I felt like I had all this creativity, all these ideas for my business, but I couldn't juggle it with my work schedule at the time. Because I've seen flexible work done well, I would think twice if there was a company that had a very rigid structure.

☆ CNBC Daily Open: 10th time's the charm
▼ + stars: | 2023-05-04 | by ( Jihye Lee | ) www.cnbc.com time to read: +2 min

WASHINGTON, DC - MAY 03: Federal Reserve Board Chairman Jerome Powell arrives to a news conference following a Federal Open Market Committee meeting on May 3, 2023 in Washington, DC. The Federal Reserve announced a 0.25 percentage point interest rate increase bringing the key federal funds rate to more than 5%, a 16-year high. (Photo by Anna Moneymaker/Getty Images)This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Subscribe here to get this report sent directly to your inbox each morning before markets open.

19 of our favorite Amazon Pet Day dealsAmazon#1 Yaheetech Cat Tree - $66 $51 (with coupon)Wow, that's a lot of cat tree for your money. In our testing for the best dog beds, this was easily our favorite calming bed. Amazon#6 AirTag Breakaway Cat Collar - $12.99 $7.98If you fancy picking up some AirTags from the deal below, these affordable collars are a decent match as they have a disc slot for Apple's tracking device. ), be sure to head on over to our best cat collar guide. We named it the best dog harness because it's suitable for dogs that walk nicely on leash as well as vigorous pullers.

☆ The creator economy could be a $250 billion industry, a Goldman Sachs report says. Here are 4 other takeaways.
▼ + stars: | 2023-05-01 | by ( Marta Biino | ) www.businessinsider.com time to read: +5 min

Goldman Sachs released in April a report that maps out the creator economy. The firm estimates the creator economy is a $250 billion industry, and could reach $480 billion by 2027. As the industry continues to take hold, Goldman Sachs released in April a report that maps out the creator economy, estimating its size and predicting key platform and engagement trends. Here are five key takeaways:The creator economy could be worth an estimated $250 billionGoldman Sachs estimates the creator economy represents a $250 billion total addressable market, which could reach about $480 billion by 2027. The data reflects total capital raised by companies labeled under the categories "content creator," "creator platform" and "creator economy."

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