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CNN —The Biden-Harris campaign on Sunday formally amended filings with the Federal Election Commission to rename its principal committee and declare Kamala Harris a candidate for president. The move means that should she remain on the ticket for the general election, according to the Campaign Legal Center, Harris could assume control of the Biden-Harris campaign account, which had nearly $96 million cash in hand at the end of June. It’s possible the Biden campaign will need to ask the Federal Election Commission for guidance, in the form of an advisory opinion, in the coming weeks, Engle added. That could allow Harris to start a new campaign account, revisit donors who had already maxed out contributions to the Biden-Harris campaign and hit them up again, one election attorney said. “I think the general consensus view is, because Harris’s name is already on the paperwork, she can accept it for the general election.

Persons: CNN —, Harris, Kamala Harris, “, Biden, ” Trevor Potter, Joe Biden, ”, “ Harris, Hans von Spakovsky, Dara Lindenbaum, Lindenbaum, Harris wouldn’t, von Spakovsky, Sean Cooksey, ” Craig Engle, ” Engle, there’s, Engle, Derek Muller, what’s, ” Muller, CNN’s Fredreka Schouten, Matt Holt Organizations: CNN, Biden, Sunday, Federal, Commission, Democratic, Legal, United States, Heritage Foundation, Democratic Party, Fox News, Republican, Democratic National Committee, University of Notre Dame

☆ Answering questions you might have about Biden’s decision to suspend his reelection
▼ + stars: | 2024-07-21 | by ( Jack Forrest | Danya Gainor | ) edition.cnn.com time to read: +8 min

In practice, whoever the presidential nominee chooses as their running mate is typically accepted by the delegates. What happens to the money raised for Biden’s reelection? Biden’s reelection efforts had raised a total of $240 million at the end of June. Those funds are split across the DNC, allied committees and Biden’s campaign committee itself. While no US president has been pressured out of a reelection campaign due to concerns over his mental fitness, it is not unprecedented for an incumbent president to abandon his reelection campaign — but it is rare.

Persons: Joe Biden, Kamala Harris, —, Biden, Mike Johnson, Elise Stefanik, Montana Sen, Steve Daines, Harris, ”, Sen, Elizabeth Warren of Massachusetts, Pramila, Delaware Sen, Chris Coons, Roy Cooper, Josh Shapiro, Zachary Wolf, Ethan Cohen, Biden couldn’t, Joe Manchin, CNN’s Jake Tapper, Manchin, Biden’s, he’ll, Charlie Spies, Lyndon B, Johnson, Harry S, CNN’s David Wright, Zachary B, Wolf, Fredreka Schouten, Alex Leeds Matthews Organizations: CNN, Sunday, Democratic, House, GOP, Biden, North Carolina Gov, Pennsylvania, Union, Democratic Party, DNC, Federal, Street, Democratic National Committee Locations: Montana, Washington, Delaware, Tennessee, Chicago, West Virginia, “ State

Within hours of Biden dropping out of the race and endorsing his vice president on Sunday, Trump’s campaign managers had released a blistering statement tying Harris to the administration’s policies. Instead, Trump’s team had orchestrated an exacting campaign around defeating Biden. But it was soon widely acknowledged within Trump’s camp that Biden bowing out would also throw their own campaign into uncertainty. Trump’s campaign also began privately ramping up and testing new lines of attack on Harris — someone they had largely ignored since she was sworn in as vice president. While polling has shown Harris is the best known among possible Democratic candidates to replace Biden, Trump’s advisers and allies maintain that most Americans don’t know much about her, creating an opening to define her to the public.

Persons: Donald Trump, Joe Biden’s, Biden, Kamala Harris, Harris, Trump, “, It’s, anoint Harris, won’t, ”, surrogates, Harris ’, Harris “, Chris LaCivita, LaCivita, can’t, –, Biden deputized, Ohio Sen, JD Vance, pollsters, Biden –, Biden’s, “ Biden, Kamala, ” Brian Bartlett, Mitt Romney’s, ” Bartlett, Arizona Sen, Mark Kelly, Josh Shapiro, Roy Cooper, they’ve, Gretchen Whitmer, Gavin Newsom, Hillary Clinton, Andy Beshear, CNN’s David Wright Organizations: CNN, Democratic, Trump, ABC, Fox News, Biden, Committee, California Democrat, Republican, Convention, MAGA Inc, Republican National Convention, Georgia, Democrats, Black, North Carolina Gov, Michigan, Kentucky Gov Locations: California, Arizona , Georgia, Nevada, Pennsylvania, Milwaukee, Central America, Arizona, Kentucky

CNN —President Joe Biden outraised – and dramatically outspent – the campaign of Republican rival Donald Trump last month, new campaign reports filed Saturday show, raising questions about how long the president’s political team can operate at full throttle if donations dry up. By contrast, Trump’s campaign spent just shy of $10 million, leaving $128 million in its war chest. One fundraiser that proceeded over the weekend in Cape Cod brought in more $2 million, campaign officials said. Trump’s campaign, meanwhile, has consistently spent far less than Biden’s. A super PAC backing Trump’s candidacy, MAGA Inc., meanwhile, entered July with nearly $114 million in available cash.

Persons: Joe Biden outraised –, Donald Trump, –, Biden’s, Ohio Sen, JD Vance, – won’t, Biden, Kamala Harris, ” Harris, Saturday’s, Harris, he’ll, Charlie Spies, Biden outraised, Trump, Reid Hoffman, Eric Schmidt, James Murdoch, Rupert Murdoch, Kathryn, MAGA, Robert Bigelow, Linda McMahon, CNN’s Edward, Isaac Dovere, Samantha Waldenberg Organizations: CNN, Republican, Democratic, Federal, Commission, Republican National Committee, Committee, Biden, Democratic Party, Republican National Convention, Ohio, Street, Trump, PAC, Save, LinkedIn, Google, Fox News, MAGA Inc, Small Business Administration, RAI Services Locations: Atlanta, Cape Cod, New York, Manhattan, Save America

☆ Why 'Twisters' star Glen Powell is going back to college: 'I'm so close, I can taste it'
▼ + stars: | 2024-07-20 | by ( Nicolas Vega | ) www.cnbc.com time to read: +3 min

Powell attended his hometown University as a teenager, but dropped out to pursue his dream of making it in Hollywood. As he prepares to shoot his newest movie in London, Powell is fitting classes into his schedule. "I'm not going to be sitting in class with other students on the regular," Powell explained. With just a few credits separating him from joining the rest of his family as a UT alumnus, Powell isn't going to let Hollywood stardom stop him. Plus, sign up for CNBC Make It's newsletter to get tips and tricks for success at work, with money and in life.

Persons: you've, Tom Cruise, Sydney Sweeney, Glen Powell, Edgar Wright's, Powell, Edgar, Wright, I'm, Powell isn't Organizations: University of Texas, hometown University, Hollywood Reporter, UT Austin, university's Moody College, OU, Longhorn, Hollywood, CNBC Locations: Austin, Hollywood, London, Texas

☆ Microsoft, CrowdStrike IT outage hits global supply chain, with air freight facing days or weeks to recover
▼ + stars: | 2024-07-19 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +8 min

The new issue for the global supply chain comes amid a rise in global demand, with shipments up 13% year-over-year in June. Air freight supply has increased, but only by 3% year-on-year, already causing higher costs for shippers due to the limited capacity, according to Xeneta. Thousands of flights were grounded or delayed at the world's largest air freight hubs in Europe, Asia and North America. "This is a reminder of how vulnerable our ocean and air supply chains are to IT failure." Ports, freight rails, report some issues, but normal operationsMost rails and ports were faring better after some early morning disruptions.

Persons: Buttigieg, Pete Buttigieg, van de Wouw, Niall van de Wouw, Xeneta, Berkshire Hathaway, Mario Cordero, Bethann Rooney, Emily Stausbøll, Stausbøll, Kpler, Matt Wright Organizations: U.S . Department of Transportation, Transportation, CNBC, Air, Microsoft, FedEx, UPS, Union Pacific, Pacific, CSX, Norfolk, BNSF, APM, Maersk, Port Authority, Port Authority of New, Port, U.S ., Harbour Master Locations: New York, U.S, China, Europe, Asia, North America, Norfolk Southern, Berkshire, Port, Houston, Los Angeles, of Long Beach, New Jersey, Port Authority of New York, Savannah, Virginia, Charleston Port, U.S . East Coast, Maritime, Gdansk, Dover, Felixstowe, Liverpool, Rotterdam

☆ Oregon Fugitive Found After Having Used a Stolen Identity for 30 Years
▼ + stars: | 2024-07-18 | by ( Sara Ruberg | More About Sara Ruberg | ) www.nytimes.com time to read: +1 min

It does not appear that Mr. Johnson had connections in Georgia, but a building manager of the apartment complex where he was living told Mr. Wright that Mr. Johnson had one friend who would visit him. The building manager also said that Mr. Johnson was known to his neighbors as William Cox or “Bud.” When U.S. Marshal officers went to question him, they had no indication that he was employed, but upon his arrest Mr. Johnson mentioned he had a pension. Before his escape in 1994, Mr. Johnson was serving a state sentence in Oregon for three counts of sex abuse and one count of attempted sodomy. Mr. Wright would not disclose details on the new technology to protect the secrecy of future investigations using the method.

Persons: Chris Wright, Johnson, Wright, William Cox, Bud, ”, Kate Brown Organizations: U.S, Marshals, Fugitive, Force, Mr, The Oregon Department of Corrections, U.S . Marshals, Diplomatic Security Service, State Department, Gov Locations: Texas, Georgia, Oregon

☆ Unusual world offers astronomers a glimpse into how planets become ‘hot Jupiters’
▼ + stars: | 2024-07-17 | by ( Ashley Strickland | ) edition.cnn.com time to read: +9 min

The star is one of a binary pair, so the planet orbits the primary star, while the primary star orbits a secondary star. While Jupiter takes 4,000 Earth days to complete one orbit around the sun, hot Jupiters complete one orbit every few days. Astronomers use “eccentric” to refer to the shape of a planet’s orbit on a scale from zero to 1. “It’s a pretty extreme process in that the changes to the planet’s orbit are massive,” Millholland said. Discovering a second hot Jupiter precursor is helping astronomers to confirm the idea that high-mass gas giants transform into hot Jupiters as they migrate from eccentric to circular orbits, the researchers said.

Persons: —, ”, Arvind Gupta, NOIRLab, Gupta, Suvrath Mahadevan, Verne, Willaman, Jason Wright, ” Wright, ” Gupta, Sarah Millholland, “, ” Millholland, Wright, James Webb Organizations: CNN —, Penn State, Astronomy, Mercury, NASA, Massachusetts Institute, Technology’s Kavli, for Astrophysics, Space Research, chrysalis Locations: Kitt, Arizona

☆ Trump Shooting Live Updates: Investigators Focus on Security Lapses and Gunman’s Motive
▼ + stars: | 2024-07-16 | by ( The New York Times | ) www.nytimes.com time to read: +8 min

“He didn’t want attention, good or negative,” said Julianna Grooms, 19, who first remembered seeing Mr. Crooks when they were freshmen. The Bethel Park School District confirmed that Mr. Crooks graduated from high school in 2022, but declined to release any other details about his school record. “He was a very good student,” said Mr. Knapp, who retired two years ago as a guidance counselor. “He liked the idea of being by himself because that was his human nature,” Mr. Knapp said. Mr. Crooks had been a member of the Clairton Sportsmen’s Club, a gun club that features a 200-yard-rifle range.

Persons: Thomas Crooks, Jim Knapp, Crooks, ”, ” Mr, Knapp, Julianna Grooms, Donald J, Trump, Jennifer Meredith, Matthew Crooks, Ms, Grooms, SpongeBob, “, Mr, Anna Dusch, ” Jill Bortz, That’s, Michael Rothfeld, Aric Toler, Susan C, Beachy, Julie Tate Organizations: Bethel Park High School, Trump, Secret, Bethel Park School District, Community College of, Republican, Democrat, eBay, Osage, Osage County Guns Locations: Bethel, Pittsburgh, Butler, Pa, Bethel Park, Bethel Park’s, Community College of Allegheny County, Osage County, Wright City, Mo

☆ ‘Twisters’ chose not to mention climate change. Here’s why
▼ + stars: | 2024-07-16 | by ( Thomas Page | ) edition.cnn.com time to read: +18 min

CNN —Like its titular tornados, “Twisters” blasts through a lot in its 122-minute runtime. Generally, scientists are the least certain about the connection between tornadoes and climate change as it’s unclear how warming temperatures are changing storms themselves or the outbreaks. Cathy, a local farmer, gripes that storms and floods are becoming more frequent, and the price of wheat more expensive, while stopping short of citing climate change. However, for a film populated by scientists and clued-in citizens to not mention climate change is a little like the twisters themselves: there’s a hole at the center. !”“Making a ‘Twisters’ movie in Tornado Alley during storm season, tornado season, it’s kind of perfect.

Persons: Glen Powell’s brawn, –, “, Lee Isaac Chung, “ We’ve, ”, Javi, Anthony Ramos, Kate, Daisy Edgar, Jones, ” Lee, Maura Tierney’s, Cathy, that’s, Lee, Glen Powell, Mark L, Smith, Joseph Kosinski, it’s, we’re, Kevin Costner, Yorgos, Matt Smith, Fabien Frankel, Anya Taylor, Joy, Max, George Miller, Chris Hemsworth, Samsik, Kang, ’, Nicola Coughlan, Luke Newton, Guy, Ryan Gosling, Emily Blunt, David Leitch, stuntmen, Jane Schoenbrun, Justice Smith, Brigette Lundy, Paine, Josh O'Connor, Idris Elba, Adam Pally, Hao Xuande, Sandra Oh, Chan, Henry Cavill, Alex Pettyfer, Guy Ritchie's, Guy Ritchie, Jerry Bruckheimer, Isabella Rossellini, Kristen Stewart, she's, Denis Villeneuve, Frank Herbert's, Jessica Chastain, Austin Butler, Ambika Mod, Leo Woodall, Molly Manning Walker, Bryan Cranston, Matthew Vaughn, Ava DuVernay, Aunjanue Ellis, Taylor, Paul Mescal, Andrew Scott, George Clooney, Pedro Alonso, Penelope Cruz, Laura Garello Ferrari, Adam Driver, Michael Mann, Emma Stone, Bella Baxter, Willem Dafoe, Mark Ruffalo, Ramy Youssef, Imelda Staunton, Dominic West, Ncuti Gatwa, Paul King, Hugh Grant's Oompa, Napoleon, Vanessa Kirby, Ridley Scott, Nicolas Cage, Emerald Fennell, Jacob Elordi, Priscilla, Sofia Coppola, Elvis Presley, Kitty Green, Justine Triet, Sandra Hüller, Palme, Ryu Seungryong, Oppenheimer, Christopher Nolan, Cillian Murphy, Robert Downey Jr, Margot Robbie, Ken, Greta Gerwig, Mattel, Tom Cruise, Christopher McQuarrie, Simon Pegg, Scarlett Johansson, Jason Schwartzman, Adrien Brody, Jeffrey Wright, Wes Anderson, Celine Song, Greta Lee, Halle Bailey, Javier Bardem, Kim Woo, Seung, Cho Ui, seok, Jan de Bont’s, ” Glen Powell, Melinda Sue Gordon, Ramos, Powell, everybody’s weirdly, ” Powell, Tyler Owens, “ I’m, anyone’s Organizations: CNN, ”, Universal Pictures, Warner Bros ., CNN CNN, Ungentlemanly, “ Locations: Midwest, Oklahoma, Arkansas, Korea, Modena, Palme d'Or, “

☆ Man who claimed to be inventor of bitcoin referred to UK prosecutors for alleged perjury
▼ + stars: | 2024-07-16 | by ( Ryan Browne | ) www.cnbc.com time to read: +1 min

Craig Wright, self-declared inventor of Bitcoin, arrives at federal court in West Palm Beach, Florida, U.S., on Friday, June 28, 2019. LONDON — Craig Wright, an Australian man who claimed to be the inventor of bitcoin , was on Tuesday referred to British prosecutors for committing alleged perjury. On Tuesday, British High Court Judge James Mellor decided to refer a case against Wright's claim to be the inventor of bitcoin to the Crown Prosecution Service — which is the organization that prosecutes criminal cases investigated by the police in England and Wales. The CPS will now consider whether Wright should be prosecuted for what Mellor called "wholescale perjury and forgery of documents," and decide on whether a warrant for arrest and possible extradition is needed. Wright has remained mostly silent since a High Court ruling was issued claiming that he had lied "extensively and repeatedly" in his evidence attempting to prove the case that he was bitcoin's inventor, Satoshi Nakamoto.

Persons: Craig Wright, James Mellor, bitcoin, Wright, Mellor, Satoshi Nakamoto Organizations: LONDON, British, Court, Crown, Service, CPS Locations: West Palm Beach , Florida, U.S, Australian, England, Wales

☆ Israel’s Netzah Yehuda: How an army unit deemed abusive by the US is shaping the fight in Gaza
▼ + stars: | 2024-07-13 | by ( Cnn S International Investigations Team | ) edition.cnn.com time to read: +25 min

In this 2014 photo, Israeli soldiers in the Netzah Yehuda battalion are seen taking part in training in the Israeli-controlled Golan Heights, near the Syrian border. While he was in Netzah Yehuda, he said, the battalion’s commanders played a key role in perpetuating a culture of violence, both by standing by as it happened and promoting it. The findings by the expert panel would have been enough to disqualify a military unit from any other country, the officials said. Lt. Col. Nitai Okashi oversaw the Netzah Yehuda battalion from 2018 to 2020. Lt. Col. Uri Levy was in charge of Netzah Yehuda from 2014 to 2016.

Persons: Yehuda, Menahem Kahana, Benjamin Netanyahu, Antony Blinken, Mike Johnson, Israel “, Blinken, Netzah Yehuda, –, ” Charles Blaha, they’re, ”, “, Biden, Israel, Netzah, Ahmad Jamil Fahd, Sanad, Shin Bet, Gil Cohen, Josh Paul, Paul, CNN’s Christiane Amanpour, Amanpour, ” Paul, Eyad Baba, Joe Biden, Leahy, Sen, Patrick Leahy, Charles Blaha, Blaha, Omar Assad, Assad, Netzah Yehuda –, Mati Shevach, Nasser Nasser, ” Blaha, Shevach, Nitai Okashi, Okashi, Der Spiegel, , Uri Levy, Levy, Johnson, don’t, ” Netzah Yehuda, Col, Shlomo Shiran, Katie Polglase, Benjamin Brown, Barbara Arvanitidis, Alex Platt, Mark Baron, Augusta Anthony, Alberto Mier, Toby Hancock, Gianluca Mezzofiore, Laura Smith, Eliza Mackintosh, Dan Wright, Matt Wells Ami Kaufman, Jennifer Hansler Organizations: CNN, West Bank, Israel Defense Forces, US State Department, State Department, Getty, IDF, State Department’s Office, Security, Human Rights CNN, Congress, Department, Israel Border Police, Internal Security Forces, ” CNN, Israeli Air Force Base, Magen, State, Human, Kfir Brigade, AP, Netzah, Urban Warfare Training Center, CBS, Battalion, Kfir Infantry Brigade, West Bank ., Jerusalem Brigade, Britain’s Guardian, Okashi, Israeli, Augusta Anthony Visual Locations: Israeli, United States, Gaza, Golan, Syrian, AFP, Palestinian, Israel, Ramallah, Rahat, Jerusalem, Jiljilya, Col, West Bank, Jiljiliya, Beit Hanoun

☆ Russia's showing NATO its hand in the air war over Ukraine
▼ + stars: | 2024-07-13 | by ( Sinéad Baker | Jake Epstein | ) www.businessinsider.com time to read: +21 min

Experts told Business Insider the Ukraine war has underscored how some elements of modern air combat are radically changing. And in fights like Desert Storm and the Iraq War, the West established air superiority by taking out its opponent's air defenses. The Russian air force can't meet Western air forces air to air in a major attack without being "shot to pieces," Bronk said. "Nobody really wants an air war with Russia," said John Baum, a Mitchell Institute expert and retired US Air Force lieutenant colonel. "It is not a highly desirable thing, I think, from either side, to want to have this air war."

Persons: It's, Justin Bronk, hasn't, DIMITAR DILKOFF, Bronk, Andrew Curtis, Mark Cancian, Guy Snodgrass, Hoshang, Giorgio Di Mizio, David Allvin, it's, James Hecker, NATO hadn't, " Hecker, that's, Maxim Shemetov, Fabian Hinz, Riivo Valge, Mattias Eken, They're, Paula Bronstein, Anthony Sweeney, US Army Cancian, REUTERS Lockheed Martin, Timothy Wright, disaggregation, Schmuelgen Jarmo Lindberg, Evelyn Hockstein Valge, John Baum Organizations: Kyiv, NATO, Business, Royal United Services Institute, Western, Getty, US Air Force, Storm, Marine, Center for Strategic, International Studies, Russian Defense Ministry Press, AP Russia, AP, Hudson Institute nonresident, International Institute for Strategic Studies, REUTERS, RAND Corp, Patriots, US Army, West, Patriot, Ukraine, REUTERS Lockheed, Finnish Defense Forces, Eurofighter Typhoons, Mitchell Institute Locations: Ukraine, Russia, Russian, AFP, Iraq, Europe, West, Afghanistan, Baltic, Western Europe, Estonian, Finnish, Finland, Washington

Barack Obama and Nancy Pelosi have spoken privately about Joe Biden and the future of his 2024 campaign. Both the former president and ex-speaker expressed concerns about how much harder they think it’s become for the president to beat Donald Trump. Democrats are desperate for the dispiriting infighting to end so they can get back to trying to beat the former president. Pelosi has made clear that she does not see Biden’s decision to stay in the race as final. But Obama’s deepening skepticism about his friend’s ability to win reelection is one of the worst kept secrets in Washington.

Persons: Barack Obama, Nancy Pelosi, Joe Biden, Donald Trump, Obama, Pelosi, Chuck Schumer doesn’t, Biden, Hakeem Jeffries doesn’t Organizations: CNN Locations: Washington

☆ Asia's wedding of the year is seriously annoying locals in Mumbai
▼ + stars: | 2024-07-12 | by ( Shubhangi Goel | Jyoti Mann | ) www.businessinsider.com time to read: +3 min

Asia's richest man is hosting a lavish wedding in Mumbai for his youngest son this weekend. Mumbai is already plagued by traffic and faces added congestion from the three-day wedding affair. AdvertisementAsia's richest man is throwing a massive wedding for his youngest son in Mumbai this weekend. Anant Ambani, son of Mukesh Ambani, is set to wed Radhika Merchant in a lavish affair. This story is available exclusively to Business Insider subscribers.

Persons: —, Anant Ambani, Mukesh Ambani, Radhika Merchant, It's, Sonam Srivastava, Srivastava, Bill Gates, Mark Zuckerberg, Ivanka Trump Organizations: Service, Business, Mumbai Traffic Police, Wright Research, Convention, Immigration Locations: Mumbai, Bandra Kurla, Bandra, Jamnagar

☆ Harry Kane seeks his defining moment to secure a place in England’s national psyche
▼ + stars: | 2024-07-12 | by ( Jack Pitt-Brooke | ) www.nytimes.com time to read: +9 min

What Kane really needs for his legacy, for his place in the public mind, is a moment. Kane scored 280 goals for Tottenham before he left last year, 14 more than the previous record set by Jimmy Greaves. Through what we may soon call the Gareth Southgate golden age, Kane has been England’s best player. Southgate consoles Kane after England’s elimination in Qatar (David S. Bustamante/Soccrates/Getty Images)Even this summer, Kane has followed a familiar pattern. With England, the team comes first and no one seems to appreciate that more than Kane himself.

Persons: Harry Kane, Dani Olmo, Alan Shearer, Kylian Mbappe, Kane, David Beckham, Bobby Moore, Jules Rimet, Geoff Hurst’s, Paul Gascoigne’s, Gascoigne, Stu Forster, Jimmy Greaves, White Hart, Arsenal’s David Ospina, Peter Shilton’s, Moore, Billy Wright’s, Gareth Southgate, Faye White, Stefan Matzke –, —, Callum Wilson, David S, Bustamante, Ollie Watkins ’, Southgate, Roberto Martinez, DOGrzegorz Wajda Organizations: England, men’s, Greece, Scotland, Tottenham, Spurs, Arsenal, Manchester City, Spurs —, League, Champions League, Ajax, Bayern Munich, Real Madrid, Getty, Nations League, Colombia, Germany, Ukraine, Denmark, Senegal, France, Southgate, Slovakia, Switzerland Locations: Spain, Berlin, England, Allsport, Leicester, —, Madrid, City, AFP, Moscow, Southgate, Tunisia, Volgograd, Panama, Nizhny Novgorod, Rome, Italy, Qatar, Netherlands, Dusseldorf, Dortmund, Portugal

This week, the 28-year-old venture capital firm debuted a new pair of funds totaling $2.3 billion, a substantial sum during an abysmal time for the industry's fundraising efforts. The European-born firm is structured in a way that investors across continents invest out of the same funds. The new funds include $800 million to invest at the early stage and $1.5 billion to invest in growth. Those figures are slightly down from the firm's last fundraise, when it collected $900 million for an early-stage fund and $2 billion for a growth fund. That year, Index saw seven portfolio companies go public at a market cap of more than $1 billion, including Roblox and Robinhood.

Persons: —, Nina Achadjian, Sofia Dolfe, Ishani Thakur, Vlad Loktev, Erin Price, Wright, Andreessen, Mark Goldberg, He's, Ethan Kurzweil, Kristina Shen, Mike Volpi, Greycroft Organizations: Service, Ventures, Business, San, Labs, Bessemer Venture Partners, Menlo Ventures Locations: San, West Coast, San Francisco, Index's London, New York, London, Europe

☆ Illegal Eviction Complaints Rise As Police Fail to Enforce
▼ + stars: | 2024-07-10 | by ( Cecilia Reyes | ) www.businessinsider.com time to read: +44 min

The nature of illegal lockouts means they are hard to track directly. One of the responding officers calls a sergeant over, who says there's nothing else they can do. While only 14% of lockout calls led to a police report, 86% of calls about shoplifting did. As they walk over, one of the officers tells the other to look up "illegal lockout" on his phone. A 2006 bill that would have defined illegal lockouts for all Illinois residents was defeated.

Persons: Alfred Perry, He'd, Perry, Dan Wright, Perry didn't, Wright, Bridget Bennett, Dan hadn't, I'd, he'd, Charlie Bliss, Matthew Desmond, Lockouts, Jersey City's, haven't, he's, David Leibowitz, Leibowitz, —, Pretium —, Kristi DesJarlais, Siegel, Sean Thueson , , Thueson, Blackstone, lockouts, Pretium, Katherine Kelly, RealPage, Jennifer Bowcock, William Prosser ,, they're, Donna Rossi, Sara Heymann, Meghan Aguilar, Misty Skinner, Skinner, Levi Wilhelm, It's, hasn't, I've, Wilhelm, they'd, Jeffrey Uno, Deirdre Orange, isn't, Daniel Benavidez, Jenny Chavez, criminalizing, Rob Bonta, Eric Carter, John Bartlett, Carter, Fred Fuchs, Steve Cohen, Michael Bennet, Sarah Saadian, Douglas Farrar, Kelly, Fuchs, Heymann, who've Organizations: Labor, Chrysler, Social Security, Business, North Las Vegas Police Department, Child Protective Services, Las Vegas Justice, Atlanta Legal, Atlanta Police Department, Atlanta, Supreme, Department of Housing, Los Angeles Police Department, Houston —, Arizona, Housing Association, Invitation Homes, Siegel, Siegel Group, Blackstone ., Progress, Homes, Union, city's Housing Department, Miami, Police, Houston, Houston Police Department, Phoenix, Criminal, Chicago, Chicago Department, LAPD, Records, Jersey City, Las Vegas Metropolitan Police Department, Las Vegas Metro Police, Legal, Foundation of Los, Phoenix Police Department, Fulton County Marshal's Department, Avondale Police Department, Avondale Police, Metropolitan Tenants Organization, Texas Justice Court, Court Training Center, Illinois, National Weather Service, Democratic, Senate, Income Housing Coalition, Consumer Financial Protection Bureau, Federal Trade Commission, FTC, AGs Locations: Las Vegas, Detroit, Vegas, United States, Perry's, Princeton, Milwaukee, Los Angeles, Chicago, Atlanta, South Chicago, Phoenix, Jersey, New Jersey, Jersey City, Houston, Nevada, . Texas, Harris County, Texas, Arizona, Washington, city's, Atlanta , Miami, California, New York City, Spring Valley, Spring Valley , Nevada, Las, Foundation of Los Angeles, Avondale , Arizona, Arkansas, Georgia , Mississippi, Pennsylvania, Wyoming, In Connecticut , Massachusetts, Minnesota , New Jersey, New York, Delaware, Illinois

☆ Startups are building robots that can perceive the human world. Here's why VC firms like Khosla and a16z say that spatial intelligence will be the next big thing in AI.
▼ + stars: | 2024-07-09 | by ( Samantha Stokes | Emma Cosgrove | ) www.businessinsider.com time to read: +7 min

Spatial intelligence allows robots to navigate and interact with their environment more efficiently, which means that robots can perform more complex tasks with higher precision and adaptability. AdvertisementEven so, investors say that spatial intelligence represents a quantum leap for the robotics industry, a space already benefiting from an AI boom. Lior Susan, CEO and founder of Eclipse Ventures, is betting that the difficulty of building AI with spatial intelligence will yield bigger returns in the future. "You see this boom of generative AI startups that are actually buying a lot of compute that do not have a business model yet," Susan said. Big tech is rolling in, tooBigger tech companies are also gearing up to compete in robotics' spatial intelligence race—both as builders and investors.

Persons: —, Andreessen Horowitz, Catalyst, Howard Morgan, Max Rimple, Erin Price, Wright, Fei, Fei Li, Kanu Gulati, Khosla, –, Gulati, Lior Susan, Susan, Jeff Bezos, Jensen Huang Organizations: Service, Khosla Ventures, Business, B Capital, Catalyst, Lightspeed Venture Partners, Coatue Management, Stanford University, Eclipse Ventures, Intelligence, Lux, Sequoia Capital, Microsoft, Nvidia, Carbon Robotics, AIs Locations: LLMs, OpenAI, Lux Capital, Taipei

☆ When your home becomes a tourist attraction
▼ + stars: | 2024-07-08 | by ( Lilit Marcus | ) edition.cnn.com time to read: +7 min

But for the people who actually do live in those homes, social media photography has changed what it means to live in a picturesque place. Once, she and a friend were walking his French bulldog when a tourist asked if they could “borrow” the pup for a quick photo op. Private lives, public placesIn that story, everybody had a good time. “I was once woken up at 6 a.m. on Easter Sunday by French teenagers taking pictures outside,” Johnston says. When private homes – and the people who live in them – become tourist attractions, clashes can occur.

Persons: you’re, Alice Johnston, Notting Hill, Julia Roberts, Hugh Grant, Johnston, ” Johnston, e.t.c, Lilit Marcus, they’ve, Chuck Henderson’s, Della, Frank Lloyd Wright, Clinton Walker, ”, Henderson, Walker, Wright, ” Henderson, –, We’ve, ” Frank Lloyd Wright's, Chris Melzer, “, Oliver Peoples, it’s Organizations: CNN, Hollywood, Residents, Notting, Carmel Heritage Society Locations: London, Notting, Portobello, –, what’s, Hong Kong, Quarry Bay, California, American, Carmel, Pennsylvania, Paris, Alfama, Lisbon

☆ Media network Group Black faces a leadership in flux
▼ + stars: | 2024-07-06 | by ( Lucia Moses | ) www.businessinsider.com time to read: +4 min

All in all, Group Black said it planned to deploy $500 million in Black-owned media by the end of 2022. Some brands have provided updates on their commitments since, but gains by Black-owned media companies have been uneven overall. Group Black's idea was to help steer ad dollars to its member companies and use some of the ad dollars to buy stakes in media companies. It listed among its founding member companies Essence, which is part of Dennis' company, Sundial Media; podcast company Pod Digital Media; and lifestyle media company She Media. Various outlets also reported that Group Black sought to acquire stakes in media companies including Sports Illustrated publisher Arena Group and Vox Media.

Persons: —, Travis Montaque, Montaque, Montaque hasn't, Kerel Cooper, Dan Bisgeier, Delida Costin, Mike Owen, Ryan Robertson, Marchelle Wright, Ashley Banks, Cooper, Holler, Richelieu Dennis, Bonin, Black, George Floyd, Breonna Taylor, Ursula Burns, Fortune, Seth Kaufman, Moët Hennessy, Dennis Organizations: Service, Business, Black, Xerox, Moët Hennessy North America ., Media, Pod Digital Media, Sports, Arena, Vox Media Locations: Black

☆ Russia has forced the West to ramp up production of older weapons — even gear it wasn't making any more
▼ + stars: | 2024-07-05 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +7 min

Read previewRussia's invasion of Ukraine has resulted in a surge in demand, orders, and manufacturing of Western weaponry, including decades-old equipment and even gear that had gone out of production. The result is more orders and manufacturing, even of Western equipment where production had stopped. Its maker, Lockheed Martin, is increasing production as well as its production of the antitank missile system. Russia has also ramped up its wartime production, which could aid it in the future and not just against Ukraine. One solution would have been countries ramping up their orders and production earlier in the war, Di Mizio said.

Persons: —, it's, Jan Kallberg, hasn't, Lockheed Martin, Diehl, Timothy Wright, Mark Cancian, Vladimir Putin, Mikhail Klimentyev, Mattias Eken, Cancian, Diego Herrera Carcedo, Giorgio Di Mizio, Kallberg, Di Mizio Organizations: Service, Business, Manufacturing, Center for, Army Cyber Institute, US Army, Air Missile System, High Mobility Artillery Rocket Systems, Getty, IRIS, Patriot, International Institute for Strategic Studies, Financial Times, Center for Strategic, International Studies, Russia Western, Military, Sputnik, REUTERS, Ukraine, Russia, RAND Corporation, Anadolu Agency Locations: Ukraine, Russia, West, Norway, Europe, Bakhmut, Donetsk Oblast, France, Kremlin, REUTERS Russia

☆ Opinion: The problem with de-aging our megastars
▼ + stars: | 2024-07-04 | by ( Opinion Holly Thomas | ) edition.cnn.com time to read: +6 min

Thanks to de-aging technology, De Niro portrayed Sheeran throughout his life, the lines on his face digitally smoothed. There are a few ways to make actors appear younger on screen using technology, each with advantages and disadvantages. In 2019’s “Gemini Man," the younger version of Will Smith’s character Henry Brogan has a fully CGI head. There’s an excruciating bit in “The Irishman” when a supposedly young Sheeran kicks another character out of his shop. This, really, is why de-aging megastars always feels a bit icky.

Persons: Holly Thomas, Katie Couric, Robert De Niro’s, ” De Niro, Vito Corleone, Marlon Brando, De Niro, Frank Sheeran, Martin Scorsese’s, ”, Sheeran, De, Thomas, Tom Hanks, Robin Wright, Robert Zemeckis, Hanks ’, Will Smith’s, Henry Brogan, Andy Serkis’s Gollum, ” Sheeran, Niro, Smith, Quentin Tarantino, acclimated, “, George Miller, Max, Charlize Theron, Indiana Jones, Harrison Ford, Marvel, Samuel L Jackson, Nick Fury, megastars, Hanks, Timothée Chalamet, Casey Affleck, ” Gwyneth Paltrow, Maggie Smith, Michael Cera, Sam Rockwell, Brando Organizations: Katie Couric Media, CNN, Paramount Pictures, Skydance Media, ” Indy Locations: London

☆ The number of Gen Zers who aren't in work or school is rising. Here's how to tackle it, according to experts.
▼ + stars: | 2024-07-02 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +8 min

Read previewA growing number of young people globally are struggling to stay in work or school. "They are searching for places where they can be true to themselves, where mental health is not looked down upon but helped, and where working sometimes from home or a coffee shop is possible." AdvertisementRather than jump on the first opportunities that come along, voluntary NEETs are holding back for the right job. Better guidanceOther career experts agreed that development should start early so students understand the variety of different paths available to them. Experts remain divided over how to address the rise in NEETs, in part because no solution would work for all.

Persons: —, Louis, there's, Sen, Tim Kaine, who's, Nezih Allioglu, Michaela Wright, Friederike Fabritius, Fabritius, Fabritus, Kleeman Organizations: Service, International Labour Organization, Louis Federal Reserve's Institute for Economic Equity, Business, European Commission, Young Enterprise, Governance Association, New Workforce, Prince's, Labour Force Survey, Sustainability, HSBC UK, Google, Deloitte, WSJ Locations: NEETs, NEETS

☆ A simple test to see if someone is using dark psychology tricks on you during a date
▼ + stars: | 2024-07-02 | by ( Julia Pugachevsky | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. But figuring out whether a date uses dark psychology tricks is more nuanced than scanning their potential red flags. Instead of trying to suss out if your charming date is a dark empath, Wright said there is a healthier — and much simpler — way to tell if a romantic partner is shady. The first is to actively learn what a healthy relationship looks like, even if it seems contrary to what feels natural. The other is to engage in somatic exercises and mindfulness so that you feel more connected to your body physically.

Persons: —, Annie Wright, Wright, I've Organizations: Service, Business Locations: Berkeley , California

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