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They also shared their findings with X Corp. days ahead of publication. Musk has claimed, without providing data, that bot activity has fallen since he acquired Twitter. In recent weeks, X Corp. sued Bright Data and the Center for Countering Digital Hate, for example, raising the ire of House Democrats. NCRI partners with Bright Data for pro-bono access to social media data, Goldenberg noted. X Corp. did not immediately respond to a request for comment.
Persons: Sam Bankman, NCRI, Elon Musk, Pepe, altcoin PEPE, Musk, Alex Goldenberg, Goldenberg Organizations: Twitter, Alameda Research, Network, Research, New Jersey GovSTEM, X Corp, Tesla, SpaceX, NCRI, Bright Data, Center, Democrats, Bright Locations: Hong Kong, China, New Jersey
Crude oil storage tanks are seen in an aerial photograph at the Cushing oil hub in Cushing, Oklahoma, U.S. April 21, 2020. Gasoline inventories fell by 1.7 million barrels, the API data showed, compared with estimates for a 1.3 million barrel drop. Both are indicators of robust prompt fuel demand in the U.S."The seasonal peak demand period (for transportation fuels) and supply cuts by oil producing countries have caused oil prices to rise," said CMC Markets analyst Leon Li. Oil prices may continue to rise, but they may not exceed $90 a barrel given recessionary pressures in some regions such as Europe, said Li. Furthermore, after the summer demand peak passes, "oil prices have entered the end of this round of upward trend", he said.
Persons: Leon Li, Li, Philip Jones, Arathy Somasekhar, Trixie Yap, Christian Schmollinger Organizations: REUTERS, Brent, West Texas, American Petroleum Institute, Organization of, Petroleum, Sparta Commodities, Lux, Thomson Locations: Cushing , Oklahoma, U.S, China, SINGAPORE, Saudi Arabia, Europe, Sparta, Houston, Singapore
Oil prices rise more than 1% after sharp drop in U.S. crude stocks
  + stars: | 2023-08-02 | by ( ) www.cnbc.com   time to read: +2 min
Oil prices rose more than 1% on Wednesday, trading near their highest since April, after industry data showed a much steeper-than-expected draw last week in crude oil inventories in the U.S., the world's biggest fuel consumer. U.S. oil inventories fell by 15.4 million barrels in the week ended July 28, according to market sources citing American Petroleum Institute figures, compared with analysts' estimates for a drop of 1.37 million barrels. OPEC oil output fell in July on Saudi Arabia's voluntary cut as well as an outage that curbed Nigerian supply, a Reuters survey found on Monday. On the demand side, gasoline inventories fell by about 1.7 million barrels, according to the API data, compared with estimates for a 1.3 million barrel drop. Distillate inventories fell by about 510,000 barrels, compared with analysts estimates for a build of 112,000 barrels.
Persons: Biden Organizations: Brent, U.S, West Texas, American Petroleum Institute, Organization of, Petroleum, Reuters, U.S . Strategic Petroleum Reserve, Energy Department Locations: U.S, Saudi Arabia, Saudi
The price hikes have led some beloved third-party Reddit apps such as Apollo to shut down, instigating an uproar among the website's community of volunteer moderators, who often rely on third-party apps to run the site's 100,000+ discussion communities, called subreddits. But tensions remain high, and some say that if Reddit doesn't rebuild trust, its most passionate users will go elsewhere. Ohanian rejoined Reddit as executive chairman in 2014 and Huffman rejoined as CEO the next year. But it's not just tech giants who use Reddit's API. These third-party apps are largely just alternatives to Reddit's official mobile app, which didn't even exist until 2016.
Persons: Reddit, David DeWald, Alexis Ohanian, Steve Huffman, Paul Graham, Ohanian, Huffman, Y Combinator, Condé Nast, Debra Aho Williamson, George Floyd's, it's, Apollo, Jakub Porzycki Organizations: University of Virginia, Advance, Facebook, Insider Intelligence, GameStop, AMC, Google, Getty
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailReddit's rise and recent revoltsReddit has grown to become one of the most popular websites in the world, but the company's recent API price increases have put many third-party Reddit apps out of business, leading to protests from the company's contingent of volunteer moderators. As Reddit looks to go public, ongoing tension between its leadership team and the Reddit community at large could impact its valuation.
North Korea unveiled two new aircraft this week that very closely resemble US military drones. Thousands of people can be seen standing along the sidelines and waving North Korean flags. North Korean leader Kim Jong Un walks with Russian Defense Minister Sergei Shoigu in Pyongyang, North Korea, on July 27, 2023. This photo provided by the North Korean government, shows what it says Hwasong-18 intercontinental ballistic missile during a military parade on Thursday. North Korea has not conducted a nuclear test since 2017 but remains determined to stand among the world's nuclear powers, despite widespread international pressure and concern.
Persons: Kim Jong, Sergei Shoigu, Kim Il, Phil Speck, it's, Hawk, Bobbi Zapka, Kim Jong Un, Shoigu, Kim, Vladimir Putin Organizations: American, Kim Jong Un, Service, North, North Korean, Korean Central News Agency, Korea News Service, AP, US Air National Guard, ISIS, Russian Defense, Getty, Air Force, U.S . Air Force, REUTERS, Korean, Russian, AP Pyongyang, DPRK, White, Democratic People's, UN Locations: Korea, China, Russia, Wall, Silicon, Pyongyang, North Korea, Wyoming, Handou, Korean, South Korea, Ohio, Kentucky, American, Ukraine, North, United States, Democratic People's Republic of Korea
Over the course of the holiday break last year, Tian built what would become the main tool for his startup, GPTZero. They became some of the earliest adopters of GPTZero, Tian explained. "You have to imagine, this is before TurnItIn even knew what AI detection was, and OpenAI wasn't considering this at all either," Tian said. As customer and media interest grew in GPTZero, Tian realized he had built something that could be a full-fledged startup. Tian and the GPTZero team acknowledge that errors can happen with GPTZero as well, but that focusing on "human" detection can be one way around it.
Persons: Edward Tian, he's, He's, Tian, Bard, TurnItIn, OpenAI, Alex Cui, Cui, Jack Altman's, Emad Mostaque, Tom Glozer, Mark Thompson, GPTZero, Greylock's Asheem, graf, It's, they've, we've Organizations: Princeton, Princeton University, NPR, Educators, BBC, University of Toronto, Uncork Capital, Altman, New York Times, Microsoft Locations: British, GPTZero, Uganda, Kenya
Kim Jong-Un showed off his arsenal, including North Korea's newest ICBM, a powerful missile that is among the most troubling. And part of the jam-packed state visit's agenda included Kim Jong Un showing off his arsenal of missiles capable of carrying nuclear warheads, including its newest ballistic missile achievement. On Thursday, Kim met with Russian Minister of Defense Sergei Shoigu to discuss military and security issues, according to North Korean state media. North Korea hasn't conducted a nuclear test since 2017, so it's unclear what the priorities and timeline of their program are. It's also currently unclear whether Russia and China's visit this week could potentially conclude with a demonstration of the Hwasong-18 missile or other military assets.
Persons: Kim Jong, Kim, Sergei Shoigu, North Korea hasn't, Ian Williams, REUTERS Kim, It's, China's Organizations: Service, Russian, UN, Getty, Missile Defense, CSIS, REUTERS, Korean Locations: Korea, Russian, North, Wall, Silicon, Korean, Russia, China, North Korea
New digital business models generate immense growth opportunities, but also increase risk. Businesses need to move beyond traditional application monitoring to full stack observability to identify and mitigate vulnerabilities and ensure optimal performance. Cisco's Business Risk Observability is an enhancement upon and part of Cisco Full Stack Observability. Assessing risk with Cisco Full Stack ObservabilityCisco's Business Risk Observability helps shore up businesses from attacks and challenges. Find out more about how Cisco's Full Stack Observability can help you identify vulnerabilities.
Persons: Randy Birdsall, They're, Birdsall, We're, Cisco Kenna Organizations: Business, IT, IDC, Cisco AppDynamics, Cisco, Cisco Panoptica, Insider Studios
Overture is aiming to establish a baseline for maps data so that companies can use it to build and operate their own maps. For many companies, Google 's and Apple 's maps aren't ideal, because they don't provide access to the underlying data. For example, app makers pay per thousand Google Maps lookups through an application programming interface (API). Apple allows access to Apple Maps for free for native app developers, but web app developers need to pay. Overture is only offering the underlying map data, leaving it up to companies to build their own software on top of it.
Persons: Marc Prioleau, Prioleau Organizations: Google, Apple, Meta, Microsoft, Amazon Web Services, CNBC
The crude benchmarks have already chalked up four weekly gains in a row, with supplies expected to tighten due to output cuts from the Organization of the Petroleum Exporting Countries (OPEC) and allies. Earlier-loading Brent contracts are selling above later loadings, a price structure known as backwardation indicating traders see tight supply, with the six-month spread near a two-and-a-half month high. In China, the world's second-biggest oil consumer, leaders pledged to step up economic policy support. U.S. industry data on inventories is expected at around 2030 GMT. Four analysts polled by Reuters estimated on average that crude inventories fell by about 2 million barrels in the week to July 21.
Persons: Brent, Sudarshan Varadhan, Jan Harvey, Susan Fenton Organizations: U.S, West Texas, Organization of, Petroleum, ING, Fed, European Central Bank, Reuters, Thomson Locations: China, United States, Baton Rouge
Summary China to step up policy adjustments amid tortuous recoveryPOLL-US crude, product inventories seen down last weekComing up: API data on U.S. crude stocks at 4:30 p.m. ETJuly 25 (Reuters) - Oil prices edged higher for the third straight session on Tuesday, as signs of tighter supplies and pledges by Chinese authorities to shore up the world's second-biggest economy lifted sentiment. Still, bearish data in the euro zone and U.S. underlined weakness across the global economy. Later on Tuesday, industry data on U.S. crude inventories is expected. Four analysts polled by Reuters estimated on average that crude inventories fell by about 2 million barrels in the week to July 21.
Persons: Brent, Edward Moya, Jerome Powell, Christine Lagarde, Stephanie Kelly, Shri Navaratnam, Stephen Coates Organizations: U.S, West Texas, Organization of, Petroleum, Energy, OANDA, Fed, European Central Bank, ECB, Reuters, Thomson Locations: China, Russia, OPEC, U.S
Emplifi analyzes thousands of brand social-media channels each quarter on platforms including Instagram, Facebook, TikTok, and Twitter. The company has collected samples that ranged from thousands to hundreds of thousands of brand profiles on these platforms year-over-year between 2022 and 2023, as well as during Q2 2023. But aside from follower counts, Instagram reels outperformed TikTok content in reach, interactions, and video views during the period. On Instagram, brands received an average of 56 impressions in Q2 2023, compared to nine on Facebook and four on Twitter. In Q2 2023, reels shared by brands earned an average of 75 interactions, while carousels earned 74.
Persons: Instagram, TikTok, Kyle Wong, Emplifi, Wong, , carousels, Brands Organizations: Facebook, Twitter Locations: Emplifi
BRUSSELS, July 20 (Reuters) - Short-video app TikTok on Thursday opened up its research software to researchers in Europe ahead of new EU rules requiring Big Tech to do more to police online content. "TikTok is proactively rolling-out its Research API ahead of further technical guidance and launching a commercial content library ahead of the DSA compliance deadline," the social media app said in a statement. "All researchers will need to have their own TikTok for Developers account and be located in the United States or Europe to access our Research API." The company released an initial version of its Research API to academic researchers in the United States earlier this year. TikTok on Thursday also allowed researchers access to its commercial content API.
Persons: TikTok, Foo Yun Chee, Alex Richardson Organizations: Big Tech, Digital Services, European Commission, Thomson Locations: BRUSSELS, Europe, United States
LONDON, July 19 (Reuters) - Global oil prices were little changed on Wednesday as markets weighed U.S. demand concerns against China's pledge to support economic growth. Brent futures were flat at $79.63 a barrel by 0800 GMT, while U.S. West Texas Intermediate (WTI) crude edged 10 cents lower to $75.65 per barrel. "With the Fed likely to raise interest rates for the last time in July, concerns about U.S. demand that will limit oil price gains are likely to remain," said CMC Markets analyst Leon Li. However, on the positive front, China's top economic planner pledged on Tuesday it would roll out policies to "restore and expand" consumption in the world's second-largest economy, which could boost oil demand. On the supply side, data from the American Petroleum Institute (API), an industry group, showed crude oil, gasoline and distillate inventories all fell last week.
Persons: China's, Brent, Leon Li, Claudio Galimberti, John Evans, Natalie Grover, Katya Golubkova, Trixie Yap, Jamie Freed, David Holmes Organizations: U.S, West Texas, American Petroleum Institute, Thomson Locations: China, Europe, America, Russia, London, Tokyo, Singapore
Brent futures rose $1.13, or 1.4%, to settle at $79.63 a barrel, while U.S. West Texas Intermediate (WTI) crude rose $1.60, or 2.2%, to settle at $75.75. Higher interest rates increase borrowing costs and can slow economic growth and reduce oil demand. Energy traders expect "the oil market will remain tight as Russian shipments drop and as China prepares to provide more support to households," said Edward Moya, senior market analyst at data and analytics firm OANDA. Looking ahead, the oil market is waiting for U.S. oil inventory data from the American Petroleum Institute (API), an industry group, on Tuesday and the EIA on Wednesday. Analysts in a Reuters poll forecast a 2.4-million barrel draw from U.S. crude stocks during the week ended July 14.
Persons: Edward Moya, Kristalina Georgieva, Gelber, Natalie Grover, Stephanie Kelly, Andrew Hayley, David Holmes, Jan Harvey, Jonathan Oatis Organizations: . Federal, U.S, West Texas, ING, Energy, Monetary, U.S . Energy Information Administration, American Petroleum Institute, Associates, World Meteorological Organization, Thomson Locations: China, U.S, Europe, Asia, London, New York, Beijing
Summary U.S. dollar falls to 15-month low against basket of currenciesU.S. oil output to decline in August - EIA outlookUpcoming - U.S. oil inventory data from API and EIANEW YORK, July 18 (Reuters) - Oil prices climbed more than 1% on Tuesday as a weaker U.S. dollar and expected decline in U.S. output outweighed softer-than-expected Chinese economic data. Higher interest rates increase borrowing costs and can slow economic growth and reduce oil demand. CRUDE DEMAND STILL A CONCERNComments that global economic growth activity is slowing helped keep crude price gains in check. In the U.S., shale oil production will likely decline in August for the first time since December, projections from the EIA show. Global supplies are expected to see a boost from the resumption of output at two of three Libyan fields that were shuttered last week.
Persons: Brent, Kristalina Georgieva, Jun Rong Yeap, Natalie Grover, Stephanie Kelly, Andrew Hayley, Jason Neely, David Holmes, Jan Harvey Organizations: U.S, West Texas, U.S ., . Federal, American Petroleum Institute, U.S . Energy Information Administration, Monetary Fund, IG, Thomson Locations: China, U.S, Singapore, London, New York, Beijing
These signals are data points that indicate things like share price and trading volume, to name a few. He has a checklist of variables that he looks for before deciding to short a stock. He's also able to shop around for the best locate fee, or a flat per-share fee to borrow shares to short sell. This indicates the price point where many traders purchased shares before the price plunged, leaving them stuck holding the shares. This price point could indicate a resistance line and a possible area to short the stock, he said.
Persons: David Capablanca, TraderSync, David Olivares, Olivares, Capablanca, He's, VWAP David Capablanca, it's, I'm Organizations: Capablanca's, Interactive, Capablanca, Growth Corp, Insider
Amazon is internally scrambling to take advantage of the generative AI boom. AWS just created a new org focused on getting customers to use generative AI to build on its cloud. Amazon Web Services has created a new organization focused on helping customers use generative AI tech on its cloud as the company scrambles to respond to the AI boom, an internal email viewed by Insider shows. "Across AWS (and Amazon), teams are experimenting with generative Al tools to improve builder productivity," DeSantis wrote. "Generative AI will also make it easier to enable a broader group of builders to develop applications on AWS," DeSantis wrote.
Persons: Peter DeSantis, DeSantis, Deepak Singh, Swami Sivasubramanian, I've, Jeff Bezos, Doug Seven, Jonathan Weiss, Harry Mower, Adam Seligman, Adam Selipsky, Selipsky, Ashley Stewart, Eugene Kim Organizations: Services, Insider, Amazon, AWS, Integrated Development, Singh, Web Services
But as he continued researching online, he came across the idea of stock trading. He noted that when you sell a stock short, your gain is limited to the value of the stock. However, your loss is unlimited, depending on how high a stock's price could rally. Since the stock's price was below $2, he waited for a reversal for confirmation. The short interest rate could indicate how many traders are trying to short a stock.
Persons: David Capablanca, didn't, it's, Capablanca, Timothy Sykes, Sykes, he'd, TraderSync, David Olivares, Olivares, isn't, Norman Zadeh, Jim Chanos, John Paulson, Zadeh, CISO Organizations: University of Florida, University of California, Millionaire, Capablanca's, Interactive, United States, Capablanca, Super League, Gamestop, Twitter Locations: Los Angeles
Threads feels a lot like joining Twitter in its early days. A lot of its energy comes from people enjoying watching the downfall of Twitter. Threads feels like the early days of Twitter. MetaBut it differs from Threads in one important way: Early Twitter was also...kind of lonely. Like a lot of others on Threads right now, the new app harks bark to brighter days of early Twitter — hopefully the calm doesn't turn into chaos.
Persons: Hasan Chowdhury Organizations: Twitter Locations: Meta
Belgian insurance tech startup Qover has raised $30 million in Series C funding. Belgian insurance tech startup Qover has raised $30 million in a Series C funding round. "2022 was pivotal for our business because VC funding slowed down, metrics changed and we have a strong exposure to VC-backed companies," Colmant said. The Series C funding round came from investors including Anthemis, Alven, Kreos Capital and Zurich Global Ventures at an increased valuation. Check out Qover's 18-slide Series C pitch deck below:
Persons: Qover, Quentin Colmant, Colmant, Monese Organizations: Kreos, Zurich Global Ventures Locations: Belgian, Brussels, Kreos Capital
July 5 (Reuters) - ChatGPT, the wildly popular AI chatbot launched in November, saw monthly traffic to its website and unique visitors decline for the first time ever in June, according to analytics firm Similarweb. Worldwide desktop and mobile traffic to the ChatGPT website decreased by 9.7% in June from May, while unique visitors to ChatGPT’s website dropped 5.7%. ChatGPT set off a frenzied use of generative AI in daily tasks from writing to coding and reached 100 million monthly active users in January, two months after its launch. OpenAI also released the ChatGPT app on the iOS system in May, which could sap some traffic from its website. ChatGPT is free to use but also provides a premium subscription, where users can pay $20 a month to access OpenAI's more advanced model, GPT-4.
Persons: chatbot, OpenAI, ChatGPT, Bing, Bard chatbot, Sam Altman, Krystal Hu, David Gregorio Our Organizations: Microsoft, Thomson Locations: OpenAI, YipitData, New York
U.S. West Texas Intermediate crude rose $2.15 from Monday's close, or 3.1%, to $71.91 a barrel by 11:36 a.m. EDT (1536 GMT). Brent crude futures rose 45 cents, or 0.5%, to $76.66 a barrel, after gaining $1.60 a barrel on Tuesday. "The July voluntary cuts and the extension into August should considerably tighten the oil market, but investors will stay on the sidelines until oil inventories will show substantial draws," said UBS analyst Giovanni Staunovo. The American Petroleum Association will report its weekly U.S. crude oil and products inventory report after 4:30 p.m. EDT (2030 GMT) on Wednesday. Morgan Stanley on Wednesday lowered its oil price forecasts, predicting a market surplus in the first half of 2024 with non-OPEC supply growing faster than demand next year.
Persons: Prince Abdulaziz bin Salman, Giovanni Staunovo, Staunovo, Morgan Stanley, Shariq Khan, Natalie Grover, Yuka Obayashi, Muyu Xu, David Goodman, Jan Harvey, David Gregorio Our Organizations: Brent's Tuesday, Brent, . West Texas, American Petroleum Association, U.S . Energy, Administration, U.S, Thomson Locations: Saudi Arabia, Russia, BENGALURU, Monday's, Algeria, Saudi, OPEC, China, Europe
July 5 (Reuters) - ChatGPT, the wildly popular AI chatbot launched in November, saw monthly traffic to its website and unique visitors decline for the first time ever in June, according to analytics firm Similarweb. Worldwide desktop and mobile traffic to the ChatGPT website decreased by 9.7% in June from May, while unique visitors to ChatGPT’s website dropped 5.7%. The amount of time visitors spent on the website was also down 8.5%, Similarweb data shows. "I think there are growing pains when you go from zero to 100 million users that quickly. OpenAI also released the ChatGPT app on the iOS system in May, which could sap some traffic from its website.
Persons: chatbot, OpenAI, ChatGPT, Bing, Bard chatbot, Sarah Hindlian, Bowler, Sam Altman, Krystal Hu, David Gregorio Our Organizations: Microsoft, Technology Research, Macquarie, Thomson Locations: OpenAI, YipitData, New York
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