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A panel of global hunger experts warned this week that the Gaza Strip was on the brink of famine, but to many Gazans, it feels as if it is already here. “I swear our stomachs are decaying,” said Eman Abu Jaljum, 23, whose family in northern Gaza has been surviving off canned peas and beans. In a report issued on Tuesday, the experts said that almost half a million people in the territory faced starvation. They stopped short of declaring a famine, a designation that depends on a variety of criteria being met. “We are living in a famine that is more extreme than ever before,” Ms. Abu Jaljum said.

Persons: “, ”, Abu Jaljum, Ms Organizations: Hamas Locations: Gaza, Israel, Gaza City

☆ Netflix co-CEO explains why the company keeps increasing prices for ad-free plans
▼ + stars: | 2024-06-25 | by ( Jaures Yip | ) www.businessinsider.com time to read: +1 min

Netflix co-CEO Greg Peters explained the streamer's price hikes for ad-free plans. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementIt seems that every year viewers are watching streaming prices climb more and more — and Netflix is no exception. Netflix co-CEO Greg Peters explained the company's thinking behind the price hikes in a new interview. Peters recently told The Verge that the multiple price hikes to its ad-free plans in recent years are an effort to offer consumers a wider range of options — which require added investment to add that value.

Persons: Greg Peters, —, Peters Organizations: Netflix, Service, Business

☆ Netflix just tweaked its famous 'keeper test' used to drive out underperformers
▼ + stars: | 2024-06-24 | by ( Ana Altchek | ) www.businessinsider.com time to read: +4 min

Read previewNetflix overhauled its famous culture memo — and that means a new line added about its "keeper test" used by managers to determine if they should fire an employee. Netflix has long been known to operate its business like a sports team, not a family, and the keeper test is part of that culture. AdvertisementThe keeper test has since evolved to, "If X wanted to leave, would I fight to keep them?" Related stories"In the abstract, the keeper test can sound scary," Netflix says in the latest version of its culture memo. In the abstract, the keeper test can sound scary.

Persons: —, X, Reed Hastings, Greg Peters, Peters Organizations: Service, Business, Netflix

☆ Footage appears to show deadly Houthi sea drone strike on cargo ship in the Red Sea
▼ + stars: | 2024-06-22 | by ( Cameron Manley | ) www.businessinsider.com time to read: +3 min

You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewFootage released by Yemen's Houthi rebels appears to show the militant group attacking a cargo ship in the Red Sea with sea drones. The MV Tutor is the second ship that the Houthis have successfully sunk this year. The British-owned Rubymar also sank in the Red Sea after it was struck by a missile fired by the group.

Persons: —, Yemen's Houthi, Dwight D, John Kirby, CENTCOM, Rubymar, Bryan Clark, Navy submariner Organizations: Service, Business, UK's Maritime Trade Operations Center, Liberian, UK's Royal Navy, US Navy, Eisenhower Carrier Strike Group, White, US Central Command, U.S, Navy, Hudson Institute, Associated Press Locations: Iranian, Philippines, Yemen, U.S, British, Red, Aden, Israel, Gaza, Africa

☆ Nvidia tops the individual stock market values of Germany, France and the UK
▼ + stars: | 2024-06-20 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +1 min

Nvidia 's furious rally to become the king of the megacap stocks has also put it above the entire stock market value of some of the world's largest economies. On Tuesday, Nvidia surpassed $3.3 trillion in market capitalization, moving it ahead of Microsoft as the biggest stock in the U.S. But its market cap had already raced ahead of the cumulative value for entire stock markets in Germany, France and the United Kingdom, measured individually and in U.S. dollars. Only India, Japan, China and the U.S. have stock markets bigger than Nvidia alone, according to Deutsche Bank. The rally has also fueled concerns about the concentration of the U.S. stock market in just a few technology names.

Persons: Warren Buffett's Berkshire Hathaway Organizations: Nvidia, Microsoft, Deutsche Bank, U.S, Apple Locations: U.S, Germany, France, United Kingdom, India, Japan, China, OpenAI

☆ Is it too hot to be outside? Plug in your ZIP code to check your city's 'heat risk'
▼ + stars: | 2024-06-19 | by ( Jaures Yip | ) www.businessinsider.com time to read: +1 min

The CDC and National Weather Service launched a map to forecast heat-related impacts across the US. It uses a five-tier color-numeric scale to indicate potential heat risks in your area. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementWith temperatures rising alongside your electric bills, the CDC and National Weather Service launched a HeatRisk map to help you determine whether you can handle the heat. By plugging in your ZIP code, you can find out just how scorching your area will be for the next seven days — and the possible risks.

Persons: — Organizations: CDC, National Weather Service, Service, Business Locations: Midwest, Northeast

☆ US Navy faces 'most intense combat since World War II' against Yemen's Iran-backed Houthi rebels, defense experts say
▼ + stars: | 2024-06-16 | by ( Cameron Manley | ) www.businessinsider.com time to read: +5 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewThe US is facing its most intense battle since World War II against Yemen's Houthi rebels, experts say. "This is the most sustained combat that the US Navy has seen since World War II — easily, no question," he said. US warships from the US Navy's Dwight D. Eisenhower Carrier Strike Group had fired over 500 munitions fighting the Houthis, Business Insider reported on May 23. Sailors often have only a few seconds to confirm an incoming Houthi strike.

Persons: —, Yemen's Houthi, Bryan Clark, Navy submariner, Dwight D, CENTCOM, Yemen's, Mohammed Hamoud, National Intelligence Avril Haines, Cmdr, Eric Blomberg, Laboon, David Wroe, Eisenhower, Navy Carlos Del Toro, Biden, Brian Finucane, Fabian Hinz Organizations: Service, Navy, Hudson Institute, Associated Press, Business, US Navy, Congressional Research Service, Eisenhower Carrier Strike, military's, Command, National Intelligence, AP, Pentagon, Munitions, Crisis Group, Institute for Strategic Studies, Palestine Locations: Israel, Gaza, Red, Yemen, Iran, Palestine, Eilat, London

For Love & Money is a weekly Business Insider column answering relationship and money questions. This week, a reader's neighbor expects them to help pay for a garden between their homes. Write to For Love & Money using this Google form. Not to say your neighbors are scheming over their morning coffee for ways to force you to share a garden with them. Write to For Love & Money using this Google form .

Persons: —, they're, We've, doesn't Organizations: Service

Warner Bros. games since the 1980s, and its “Inside the NBA” is widely considered one of the best-ever sports studio shows. But with the end of Warner Bros. Discovery’s exclusive negotiating window looming, the N.B.A. Warner Bros. “The first thing anybody thinks about when you say TNT is the N.B.A.,” said John Skipper, the former president of ESPN.

Persons: of Famer Charles Barkley, “, ”, John Skipper Organizations: Warner Bros . Discovery, National Basketball Association, TNT, Warner Bros, Discovery, of Famer, TV, ESPN

☆ Stocks are in a sweet spot but bears still fear a bubble is near bursting. Here's what 5 forecasters are saying about a potential crash.
▼ + stars: | 2024-06-16 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +6 min

Here's what five forecasters have to say about the latest rally — and why they think the stock market is headed for a fall. In 2009, he wrote a book predicting a stock market crash and ensuing economic depression, which he said could last for 10 years or more. The research firm is predicting the S&P 500 could see a steep correction following a rally to 6,500. Yet, that could end up being an excellent opportunity for investors who are diversified in other areas of the market, Bernstein said. AdvertisementTypically, there are eight warning signs of a market bubble forming, and six of them have already flashed, the bank said.

Persons: Stocks, —, haven't, Harry Dent Stocks, Harry Dent, Dent, John Higgins, Higgins, John Hussman, Hussman, Richard Bernstein, Bernstein Organizations: Service, Nasdaq, Apple, Nvidia, Fox Business Network, Stocks, Capital Economics, John Hussman Elite, UBS

☆ Alex Jones’ personal assets to be sold to help pay Sandy Hook debt as judge decides Infowars’ fate
▼ + stars: | 2024-06-14 | by ( ) www.cnbc.com time to read: +6 min

A federal judge on Friday ordered the liquidation of conspiracy theorist Alex Jones′ personal assets and was still deciding on his company's separate bankruptcy case. Judge Christopher Lopez approved converting Jones' proposed personal bankruptcy reorganization to a liquidation. He was still set to rule on whether Jones' company, Austin, Texas-based Free Speech Systems, also should be liquidated. It wasn't immediately clear what will happen to Free Speech Systems, which is Infowars' parent company. If Free Speech Systems' case is dismissed, the company could return to the same position it was in after the $1.5 billion was awarded in the lawsuits.

Persons: Alex Jones, Infowars, Senate's Dirksen, Jack Dorsey, Jones, Sandy, Christopher Lopez, Sandy Hook, Chris Mattei, Jesse Lewis, — Organizations: U.S, Intelligence, Capitol, Elementary, Speech Systems, Free Speech Systems, Systems Locations: Washington , U.S, Austin , Texas, Austin, Texas, Newtown , Connecticut, Connecticut, Texas and Connecticut

☆ Why the Biggest City in America Can’t Get Big Things Done
▼ + stars: | 2024-06-14 | by ( Dana Rubinstein | Emma G. Fitzsimmons | ) www.nytimes.com time to read: +1 min

With New York on the verge of becoming the first city in the nation to adopt congestion pricing, a sudden, familiar chill fell over the city last week, as another ambitious project was shelved. This time, it was Gov. Chris Christie of New Jersey. In the adjoining garbage bin lies other big development projects like a football stadium on Manhattan’s West Side and smaller initiatives with potentially outsize impact, like all-door bus boarding. For a place where change is the rule and unbridled ambition the guiding light, New York can be a remarkably hard place to get things done.

Persons: Kathy Hochul, Chris Christie Organizations: York, La Guardia Airport, Port Authority, Queens, Gov Locations: Staten Island, La, Brooklyn, Hudson, New Jersey, New York

☆ The 10 best things to stream this weekend, from the new season of 'House of the Dragon' to the 'Bridgerton' finale
▼ + stars: | 2024-06-14 | by ( Caralynn Matassa | ) www.businessinsider.com time to read: 1 min

Check out "Camp Snoopy"Snoopy and the Beagle Scouts. Apple TV+You really can't go wrong with the Peanuts — and the nostalgia is a great bonus for parents who grew up with it. This new animated show centers on the beloved character and his band of Beagle Scouts after they find out their troop is on the verge of disbanding. The series is part of Apple's 2018 deal to produce more content based on Charles M. Schulz's series. Streaming on: Apple TV+

Persons: Snoopy, Charles M Organizations: Beagle Scouts, Apple

☆ Waymo recalls driverless cars to make them less likely to drive into poles
▼ + stars: | 2024-06-13 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +2 min

CNN —Waymo issued a recall for its 672 driverless cars to make them less likely to drive into telephone poles. The recall follows a May 21 accident in Phoenix, Arizona, in which a Waymo driverless car hit a telephone pole that was installed in the roadway in an alley. The vehicle was pulling over to pick up a passenger when it struck the pole at low speed, according to Waymo. While the car was severely damaged, no one was hurt, according to documents Waymo filed with the National Highway Traffic Safety Administration. The recall applies only to the fleet of modified Jaguar I-Pace SUVs Waymo owns and operates itself.

Persons: CNN — Waymo, Waymo Organizations: CNN, National, Traffic Safety Administration, Pace, Waymo, Traffic Administration, Google Locations: Phoenix , Arizona, Phoenix , Los Angeles, San Francisco

☆ These stocks are close to forming the dreaded death cross pattern
▼ + stars: | 2024-06-12 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

CNBC screened for stocks that were on the verge of forming a dreaded death cross chart pattern. A death cross occurs when a stock's 50-day moving average slips below its downward-trending 200-day counterpart. Northrop Grumman Aerospace and defense stock Northrop Grumman has pulled back roughly 9% in 2024 and is closing in on a death cross chart pattern. The stock's 50-day moving average broke above its 200-day counterpart earlier this year, a short-lived sign of improving momentum. Other stocks on the list signaling a death cross chart pattern include Pool Corporation and Fortive Corporation .

Persons: Dow Jones, Northrop Grumman, Northrop, Zimmer, Zimmer Biomet, IDEX, —, Nick Wells Organizations: Nasdaq, Federal, CNBC, Northrop Grumman Aerospace, . Navy, Zimmer Biomet Holdings, IDEX Corporation Laboratory, Corporation, Fortive Corporation

☆ Joe Biden’s agonizing wait as a jury deliberates his son’s fate
▼ + stars: | 2024-06-11 | by ( Stephen Collinson | ) edition.cnn.com time to read: +10 min

The Hunter Biden and Trump cases are vastly different, as is the way the former and current first families have responded to the trials. This is especially significant since Hunter Biden could face up to 25 years in prison if convicted, although a sentence for a first-time offender is unlikely to be that severe. The Hunter Biden trial is the latest cruel twist in the story of a family that has endured more tragedies than most could bear. The infringements on the Biden family’s dignity and privacy cut deep during the trial, which saw discomforting testimony about Hunter Biden’s former cocaine addiction. Media organizations, meanwhile, played an excerpt from Hunter Biden’s audio book that chronicles his spiral into addiction that was used in the prosecution case.

Persons: CNN —, Donald Trump, Joe Biden, Hunter, Trump, Hunter Biden, He’s, Nelson Mandela, WITCH HUNT, ” Trump, Eric, Donald Jr, Mike Johnson —, GOP nominee’s, Melania Trump, Biden, Jill Biden, Leo Wise, “, ” Wise, ”, —, Beau, It’s, Bill Clinton, Roger Clinton, Billy Carter, Jimmy Carter, Beau Biden’s, Hallie, Naomi, “ I’m, Attorney Alvin Bragg, Biden’s, General Merrick Garland, David Weiss, Wise, Joe Organizations: CNN, Biden, Trump, ABC, GOP, Media, Manhattan, Attorney, Republicans Locations: York, Wilmington , Delaware, New York, American, Wilmington, France, Europe, there’s, Mar, Georgia —, Ukraine, China

☆ Analysis: Hamas gambled on the suffering of civilians in Gaza. Netanyahu played right into it
▼ + stars: | 2024-06-11 | by ( Nic Robertson | ) edition.cnn.com time to read: +8 min

He appeared to justify the deaths of Palestinian civilians as a “necessary sacrifice” according to the messages. In recent weeks, Ireland, Spain, Norway and Portugal, all frustrated Netanyahu won’t agree a peace deal, have formally recognized Palestinian statehood. The war Sinwar started has taken Palestinian suffering to the next level – and Netanyahu has played right into it. Sinwar’s power amid the war seems to be becoming part of the perceived wisdom about Gaza and the war. And if past experience is any measure, he will likely gamble that he can play mind games better than Netanyahu.

Persons: CNN — Yahya Sinwar, –, Benjamin Netanyahu, Sinwar, Israel, Netanyahu, hasn’t, they’d, they’ve, Biden, Netanyahu won’t, belligerence, Antony Blinken, “, Sinn Fein Organizations: CNN, Israel, Wall Street, ICC, Hamas, Democratic, Northern Locations: Israel, United States, Europe, Gaza, Palestinian, Saudi Arabia, Ireland, Spain, Norway, Portugal, Rafah, Doha, Iran, Turkey

☆ Apple AI: Today’s the day for Apple to reveal its next big thing
▼ + stars: | 2024-06-10 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +7 min

Here’s a closer look at what to expect at Apple’s big event:AI, AI and more AIApple is expected to call its AI initiative “Apple Intelligence” and make it opt-in only. A strategic partnershipIn the spring, Apple was reportedly discussing partnership opportunities with both OpenAI and Google to power its AI tools. That partnership Apple could elaborate on during the opening keynote on Monday. Apple aligning itself with a company and a technology that have yet to win public trust could pose some risks for Apple down the line. Generative AI could potentially propel the headset into another level of personalization and immersion and usher in new use cases for businesses, particularly in the education and medical spaces.

Persons: OpenAI, ”, Tim Cook, Dan Ives, Here’s, –, Siri, ” Thomas Husson, Forrester, Reece Hayden, Apple, ” Hayden, Hayden Organizations: California CNN, Developers Conference, Nvidia, ” Apple, Apple, Apple Intelligence, Bloomberg, CNN, ABI Research, Google, Fortune, Apple Vision, Gartner Locations: Cupertino, California, China, Washington

CNN —Homeland Security Secretary Alejandro Mayorkas on Sunday pushed back on criticism of President Joe Biden’s new executive action restricting asylum while calling on Congress to take action on the border. Still, Mayorkas insisted the restrictions on asylum would reduce the number of people who try to cross the border. “The bipartisan deal was rejected once, we pressed forward again. And it requires the cooperation of other countries which we have secured.”But Mayorkas again called on Congress to do more. “Former President Trump tried to implement a Muslim ban, a ban on entry to this country explicitly based on one religion.

Persons: Alejandro Mayorkas, Joe Biden’s, “, ” Mayorkas, —, Donald Trump, Biden, Greg Abbott of, “ gaslighting, he’s, ” Abbott, Mayorkas, ABC’s Martha Raddatz, ”, let’s, Democratic Sen, Chris Coons, Trump, It’s Organizations: CNN, Homeland, Sunday, Republican Gov, GOP, Democratic, Department of Homeland Security, Department of State, Department of Justice, Republicans, Trump, House Republicans, Democrats, Delaware Democrat, Progressive House Democrats, ACLU, ” CNN Locations: Greg Abbott of Texas, ”, Chris Coons of Delaware

☆ Watch: How this 101-year-old D-Day veteran is on the verge of 1M followers on TikTok
▼ + stars: | 2024-06-08 | by ( Jodi Upchurch | ) edition.cnn.com time to read: 1 min

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☆ Apple prepares for its 2024 WWDC event
▼ + stars: | 2024-06-08 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +7 min

CNN —Apple is on the verge of kicking off perhaps its most important event in years as it faces a gauntlet of challenges. Apple is expected to team up with ChatGPT creator OpenAI Jaap Arriens/NurPhoto/Getty Images/FileA strategic partnershipIn the spring, Apple was reportedly discussing partnership opportunities with both OpenAI and Google to power its AI tools. But now the company is believed to have inked a deal with the ChatGPT creator, a partnership Apple could elaborate on during the opening keynote on Monday. Apple aligning itself with a company and a technology that have yet to win public trust could pose some risks for Apple down the line. Generative AI could potentially propel the headset into another level of personalization and immersion and usher in new use cases for businesses, particularly in the education and medical spaces.

Persons: OpenAI, ”, Tim Cook, Dan Ives, Here’s, Siri, Suzanne Plunkett, –, ” Thomas Husson, Forrester, Reece Hayden, OpenAI Jaap Arriens, Apple, ” Hayden, Hayden Organizations: CNN, Developers Conference, Nvidia, ” Apple, Apple, Apple Intelligence, Bloomberg, ABI Research, Google, Fortune, Apple Vision, Gartner Locations: China, Washington

☆ Bitcoin is on the verge of a bullish breakout again. What to watch on the charts
▼ + stars: | 2024-06-05 | by ( Frank Cappelleri | ) www.cnbc.com time to read: +4 min

Despite the wild ride from a performance and volatility perspective, over the last six months, BTC has continued to do one thing very well – adhere to the technicals. It never violated the breakout zone from October'23 and hit the target by early March. Each prior falling wedge pattern breakout was accompanied by its RSI moving to overbought territory. Two Bullish Patterns on One Chart The second and third bullish formations appear on this chart. To reiterate, these targets are attained simply by adding the height of each pattern to the breakout points.

Persons: bitcoin, Let's, it's, Frank Cappelleri Organizations: SEC, BTC Locations: bottoming

☆ Why you should be excited about getting an AI clone, according to Zoom's CEO
▼ + stars: | 2024-06-04 | by ( Ana Altchek | ) www.businessinsider.com time to read: +1 min

Zoom CEO Eric Yuan wants to leverage AI for "digital twins" that can attend meetings. Yuan said AI avatars can eventually handle everyday tasks, shortening workweeks to three or four days. The CEO predicted the tech will cut down on 90% of work, but won't replace in-person interactions. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementZoom's CEO Eric Yuan is ready for a world where your AI clone handles your busy work — and he painted a picture of a life that sounds pretty relaxing.

Persons: Eric Yuan, Yuan, — Organizations: Service, Business

☆ Nigeria plunged into darkness as union workers shut down national grid in minimum wage protest
▼ + stars: | 2024-06-03 | by ( Nimi Princewill | ) edition.cnn.com time to read: +4 min

Cane-swinging union workers were also seen in photos circulating on social media Monday ordering personnel of the country’s tax agency out of their offices. This strike comes after failed negotiations with the government to raise the federal minimum wage. The unions’ demands include raising the minimum wage from 30,000 naira ($22.4) to 494,000 naira ($369.6). Despite being Africa’s fourth-largest economy, Nigeria’s minimum wage is not among the continent’s top ten, lagging far behind countries like Seychelles, where workers receive a minimum wage of $465.4 monthly. 30k or 60k minimum wage in 2024 Nigeria is unsustainable and unacceptable,” wrote lawyer Festus Ogun in a post on X.

Persons: Bayo Onanuga, Onanuga, Olusina Ajidahun, “ I’m, ”, Lateef Fagbemi, Festus Ogun, Dipo Awojide, Bola Tinubu’s, Ajuri Ngelale Organizations: CNN, Transmission Company, Nigeria, Nigerian Labor Congress, Trade Union Congress, TUC, TCN, Health, Healthcare, Nigerian, Onanuga, NLC Locations: Nigeria, Seychelles, Lagos, Abuja, Nigerian

☆ Here's everything you need to know about Big Tech's AI models and tools but were too afraid to ask
▼ + stars: | 2024-06-02 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +8 min

The in-house AI model called MAI-1 is said to be trained using a public dataset and text from ChatGPT, a source told The Information. AdvertisementThe company has a text-to-image generator called Microsoft Designer, which launched last year after being tested in December 2022. MetaMeta has an AI assistant called Meta AI. NurPhoto/Getty ImagesMeta has an AI assistant called Meta AI, which is run on its open-source LLM, Llama. It also has an AI image generator called Imagine, which launched in December and was trained on public Facebook and Instagram photos.

Persons: —, Microsft, OpenAI, it's, Mustafa Suleyman, Shane Jones, VASA, Satya Nadella, OpenAI OpenAI, Sundar Pichai, OpenAI might've, Scarlett Johansson, OpenAI's chatbot, Sam Altman, Meta Meta Organizations: Service, Microsoft, Google, Apple, Business, Microsoft Microsoft, Microsft Microsoft, Federal Trade Commission, MAI, Lumiere Meta, Google Google, Meta, Facebook, Titan, Anadolu Amazon's, Olympus, Web Services, Amazon Locations: ChatGPT, Anthropic

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