DIRS.INFO The most relevant business & tech news

☆ Viktor Orban, Putin’s greatest European ally, makes first trip to Kyiv since start of war
▼ + stars: | 2024-07-02 | by ( Luke Mcgee | ) edition.cnn.com time to read: +5 min

According to Zhovkva, Kyiv’s number one tool to end hostilities is through a second peace summit, which Ukraine is already preparing for. “We are saying that Ukraine will draft its peace plan, a roadmap for establishing peace in Ukraine. Orban also stated his desire to improve relations between Budapest and Kyiv, which have been strained by the Hungarian leader’s close relationship with Putin. Tuesday’s meeting comes as Orban and Hungary take control of the EU Council’s rotating presidency, which changes every six months. The agenda for that event is expected to be dominated by long-term plans to support Ukraine and conversations about its eventual accession to the alliance.

Persons: Viktor Orban, Volodymyr Zelensky, ”, Zelensky, Orban, Vladimir Putin, “, ” Orban, Ihor Zhovkva, Orban “, ” Zelensky, Emmanuel Macron’s, Zhovkva, Putin, Donald Trump’s, Zoltan Fischer Organizations: CNN, Russian Federation, United, EU, White, NATO, Political Locations: Hungarian, Kyiv, Moscow, Ukraine, Hungary, Russian, Budapest, Russia, United Nations, Crimea, Tuesday’s, Washington , DC, Ukrainian, United Kingdom

☆ Houthi bomb boats, including some not seen before, are threatening Red Sea ships while the US Navy's aircraft carriers are away
▼ + stars: | 2024-07-01 | by ( Jake Epstein | ) www.businessinsider.com time to read: +5 min

The Houthis have been stepping up drone boat operations, employing small watercraft that can be packed with explosives and detonate on impact. Last month, one of the Houthi drone boats struck a commercial vessel, the MV Tutor, for the first time since the campaign began in November. The Ike's eventual replacement — the Theodore Roosevelt Carrier Strike Group — won't arrive for some time. US Central Command said at the time that the Transworld Navigator was hit by a "suspected uncrewed aerial system" and did not mention a drone boat. AdvertisementFootage purporting to show a Houthi drone boat.

Persons: —, Dwight D, Theodore Roosevelt Carrier, Eisenhower, UKMTO Organizations: Service, US Navy, Business, Houthi Media, REUTERS, Eisenhower Carrier Strike, Theodore Roosevelt Carrier Strike, Hornet, Nimitz, United Kingdom Maritime Trade Operations, British Royal Navy, Transworld, US Central Command Locations: Red, Yemen, Iran

☆ I run a baby-naming site. Trends in 2024 include space-inspired names and names ending in 'ai.'
▼ + stars: | 2024-07-01 | by ( Kelly Burch | ) www.businessinsider.com time to read: +5 min

But these days, we're seeing parents bestow names typically given to girls on their sons. Parents who choose these names think it's better to grow into an adult-sounding name than outgrow a baby-ish name. Names that end in "ai" are easily pronounced in many languages, including indigenous languages, European languages, Japanese, and African languages. But now we're seeing parents embrace that names can be girly but still strong. We're seeing a rise in long, elaborate names but also in shorter, cutesy names for girls.

Persons: —, Sophie Kihm, Leslie, Ashley, Dana, John Legend, Chrissy Teigen, Wren, Rihanna, Rose, Willow Harlow Cleo June Juniper Jade Robin, Marjorie, Taylor, Martha Georgine Florence Dolores, Lionel Arthur Duncan Cedric Harold Ray, Kai, Jakai Zakai Adlai Lorelai Mordecai Ozai Azakai, Flora Talia Phoebe Petra Asha, Killian Harris Magnus Harvey Orson Archie, Collins Lennon Joanie Marceline, Zeppelin Guthrie Elton Jiraiya Cassian Anakin Chozen, Kepler Darwin, Kepler Darwin Edison Cosmo, Winslow Dorthea, Guinevere Lulu Pippa Honey Organizations: Service, Business, Martha Georgine Florence Dolores Popular, Ivy League, Nova, Kepler Darwin Edison Locations: Nameberry

☆ Kevin Costner mortgaged his home and put $38 million of his own money into "Horizon." Box-office numbers suggest this was a terrible idea.
▼ + stars: | 2024-07-01 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +7 min

Kevin Costner is the latest star to be reminded that passion projects don't always yield big box-office returns. Costner isn't as prominent in the 3-hour movie as marketing would suggestKevin Costner in "Horizon." AdvertisementDespite being the face of the franchise and its star, Kevin Costner isn't actually in a lot of "Horizon." And even though the next "Horizon" movie comes to theaters in August, who's to say audiences will come back? AdvertisementAccording to Variety, Costner and his investors are paying for the "Horizon" marketing, a spend that's around $30 million.

Persons: Kevin Costner, hasn't, Costner, Max, that's, Barbie, John Dutton, Costner isn't, Kevin Costner isn't, Hayes Ellison, who's, Richard Foreman, Warner, George Lucas, Mel Gibson's, —, Orson Welles, Francis Ford Coppola, It's Organizations: Service, Business, Paramount Network, Warner Bros, Paramount, CBS, Cannes Film, WB, Army, Variety Locations: Santa Barbara, Yellowstone, American, Utah, Texas , Arizona, Oklahoma

☆ The top arguments for Biden dropping out or staying in the presidential race
▼ + stars: | 2024-07-01 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +5 min

A CBS/YouGov poll found that 46% of registered Democrats think Biden should step aside. Yet Biden dropping out of the race at this stage is also a huge gamble, one that's fairly unprecedented in recent memory. AdvertisementHere are the most common arguments that people are making for and against Biden dropping out of the race — some of which, inevitably, may contradict each other. Why Biden should drop out of the raceThe debate was his last good shot at turning things around, and he failed. It's early, but polling so far has not shown a dramatic shift in the race since the debate.

Persons: Joe Biden's, Biden, Donald Trump, It's, —, Dave McCormick, Democratic Sen, Bob Casey, Ezra Klein, they've, Kamala Harris Organizations: Service, CBS, Suffolk University, Democratic, Biden, Trump, Pennsylvania Senate, GOP, New York Times, Democratic National Committee Locations: Pennsylvania, Trump

☆ Wimbledon 2024: Can Carlos Alcaraz and Markéta Vondroušová defend their titles?
▼ + stars: | 2024-06-30 | by ( Matias Grez | ) edition.cnn.com time to read: +6 min

Last year, Carlos Alcaraz downed Novak Djokovic in a five-set thriller in the men’s final, while Markéta Vondroušová became the first unseeded woman in history to win the Wimbledon title after beating Ons Jabeur. Reaching the quarterfinal of the French Open will have been a confidence boost, despite being comfortably beaten by Iga Świątek. Novak Djokovic was forced to withdraw from the French Open with a knee injury. 1 in the world rankings after his run to the semifinals at the French Open, where he was defeated in a five-set thriller by eventual winner Alcaraz. Her career struggles on grass are curious, especially given that she won the Junior Wimbledon title in 2018 for the only grand slam title of her junior career.

Persons: Carlos Alcaraz, Novak, Markéta Vondroušová, Alcaraz, Jannik, Roland, Argentina’s Francisco Cerúndolo, Jack Draper, Adrian Dennis, Draper, Mark Lajal, Vondroušová, Dayana Yastremska, Iga Świątek, Vondroušová’s, Rebeka, Anna Kalinskaya, Jessica Bouzas, Novak Djokovic, Roger Federer’s, Djokovic, Ibrahim Ezzat, hasn’t, Sinner, Świątek, Glenn Gervot, Roland Garros, Świątek hasn’t, America’s Sofia Kenin, Elena Rybakina, Aryna Sabalenka, Coco Gauff Organizations: CNN, Wimbledon, All England Club, Djokovic, Getty, Stuttgart, Vondroušová’s Wimbledon, Bad, Cerúndolo, Australian, Junior Wimbledon, America’s Sofia Locations: Indian Wells, British, AFP, Czech, Berlin, Alcaraz’s, SW19, Halle

☆ Russia can’t fight NATO on the battlefield – so it’s waging a hybrid war instead
▼ + stars: | 2024-06-30 | by ( Ivana Kottasová | ) edition.cnn.com time to read: +15 min

And while they might look minor in isolation, taken together these incidents amount to what security experts say is Russia’s hybrid war on the West. Thornton said Russia was resorting to a campaign of sabotage as an alternative to a full-on war with NATO, which would be disastrous for Russia. Article 5 is the cornerstone principle that an attack on one member of NATO is an attack on all members. Danylyuk said the Russian security apparatus doesn’t shy away from using criminals to do its dirty work, tapping into its links with international organized crime. Russia can only be strong if the West and NATO are weak.

Persons: –, Petr Fiala, Jens Stoltenberg, Rod Thornton, there’s, ” Thornton, Vladimir Putin, Thornton, “, ”, It’s, ” Nicole Wolkov, Andrei Averyanov, Averyanov, Sergei, Yulia Skripal, d’etat, Oleksandr Danylyuk, …, Volodymyr Zelensky’s, Danylyuk, Olga Lautman, Fiala, Sergei Skripal, Yulia, Frank Augstein, ” Lautman, Lautman, Alexander Litvinenko, Andrei Lugovoi, Theresa May, Nikolai Glushkov, Salisbury, Putin, ” “, let’s, ’ ”, that’s, Litvinenko, Skripal Organizations: CNN, Occupation, . Police, European Union, NATO, King’s College London, ”, Royal United Services Institute, Czech Police, GRU, London –, German Federal Public, Ukraine, Russian, Russia NATO, Center for, European, of Human, Duma, Metropolitan Police, Command, Soviet, West Locations: Prague, Czech, Moscow, Europe, Riga, London, Warsaw, Germany, Russia, Belarus, Russian, Spain, Lithuania, Canada, Ukraine, Kyiv, Russia –, United States, al Qaeda, France, EU, Salisbury, England, Czech Republic, Vrbetice, Montenegro, Moldova, Macedonia, Ukrainian, Poland, Salisbury , England, Finland, Estonia, Lautman, Soviet Union

☆ The IMF slams the US with urgent warnings over its debt, deficits, and trade barriers
▼ + stars: | 2024-06-30 | by ( Filip De Mott | ) www.businessinsider.com time to read: +4 min

In a report last week, it called out high debt, banking vulnerabilities, and trade barriers. These are important downside risks that could impact the global economy, it said. AdvertisementChronic deficits are leading toward a debt-to-GDP ratio of 140% by 2032, IMF said, a situation that needs to be addressed urgently. Advertisement"These create systemic risks to the U.S. and global economy that are entirely avoidable. Meanwhile, Washington's increasingly protectionist approach to trade is a risk to US and global growth, the IMF said.

Persons: —, Washington's, Biden, Trump Organizations: Monetary Fund, Service, International Monetary Fund, IMF, Republicans, Democrats, Silicon Valley Bank, Republican Locations: Washington, Silicon, Basel, China, Beijing, U.S

CNN —The United States has proposed new language to bridge gaps in discussions for a ceasefire and hostage deal between Israel and Hamas, a senior US administration official said Friday. But dashing hopes for a breakthrough, earlier this month Hamas responded to the Israeli proposal with further amendments. The US is pushing Egypt and Qatar to press Hamas to accept the change in language, according to Ravid. Jack Guez/AFP/Getty ImagesThe second phase of the proposal has been a source of disagreement in the months-long negotiation between Israel and Hamas. The total number of Palestinians killed in Gaza since Oct. 7 is now 37,834, while the number of injuries has risen to 86,858.

Persons: Joe Biden, Barak Ravid, Ravid, Benjamin Netanyahu, Jack Guez, Netanyahu, Israel’s, Fighting, Israel, Israeli Air Force “ Organizations: CNN, Hamas, US, Israel's, Getty, Israel Defense Forces, “ Troops, Israeli Air Force, Palestinian Ministry of Health Locations: United States, Israel, Gaza, Axios, Egypt, Qatar, AFP, Gaza City, Shujaiya

☆ France's shock election has rattled nerves and raised debt crisis talk
▼ + stars: | 2024-06-27 | by ( Jenni Reid | ) www.cnbc.com time to read: +6 min

Poster of Christophe Versini for the Rassemblement National (National Rally) party, with Marine Le Pen and Jordan Bardella on it, on June 24, 2024. Recent polling suggests the far-right Rassemblement National (RN, or National Rally) party, led by Jordan Bardella, could win the most seats in the National Assembly, followed by the left-wing alliance Nouveau Front Populaire (NFP, or New Popular Front). French bond yields — which move inversely to prices — have been relatively contained. Even then, he added, the spread of French bond yields over their German counterparts looked set to remain higher than before Macron called the election. There is little concern over France enacting its own "Frexit," he said, with even National Rally having moved away from actively proposing leaving the euro area or the European Union.

Persons: Christophe Versini, Jordan Bardella, Magali Cohen, Emmanuel Macron, Sunday's, Giorgia Meloni, Viraj Patel, Patel, Liz, Truss, Andrew Kenningham, Macron, Kenningham, François Mitterrand, Christian Keller, CNBC's, Keller Organizations: Rassemblement National, Afp, Getty, National Assembly, Societe Generale, BNP, Vanda Research, Capital Economics, European Central Bank, Bank of England, Barclays, European Union Locations: Germany, Italy, Europe, France, Britain

☆ Wimbledon 2024 storylines: Djokovic’s knee, Iga Swiatek on grass, Hawk-Eye challenges
▼ + stars: | 2024-06-27 | by ( Charlie Eccleshare | Matthew Futterman | ) www.nytimes.com time to read: +19 min

Is Iga Swiatek going to make her move on grass and further cement her position as the player to beat across the WTA? Probably not, since that meniscus belongs to one Novak Djokovic, the seven-time Wimbledon champion and the world’s best grass-court player. Then he showed up in London this week and started testing out the knee with practice sessions on the grass. Charlie EccleshareWill Swiatek win her first Wimbledon title? She’s never been past the quarterfinals at Wimbledon and her game isn’t a natural fit on the grass.

Persons: Novak, Matt Futterman, Charlie Eccleshare, Will Novak Djokovic, Novak Djokovic, Djokovic, Casper Ruud, Clive Brunskill, Carlos Alcaraz, Alcaraz, Daniil Medvedev, Felix Auger, Frenchman Arthur Fils, Andy Murray’s, Murray, Jack Draper, Shaun Botterill, Tim Henman’s, Draper, Charlie Eccleshare Will Swiatek, Iga, She’s, Roland Garros, Emma Raducanu, Katie Boulter, Harriet Dart, it’s Boulter, Sloane Stephens, Jessica Pegula, don’t, Boulter, Raducanu, Stephens, Jonathan Nackstrand, Hannah Klugman, Agassi, Serena, Venus Williams, It’s, Coco Gauff, Aryna, she’s, Swiatek, Gauff, Daniel Leal, Pegula, Marketa Vondrousova, Danielle Collins, Tommy Paul, Paul, Sebastian Korda, Korda, Taylor Fritz, Ben Shelton, there’s, Sally Bolton, John Walton, —, Wimbledon Charlie Eccleshare Will, Princess Catherine of Wales, Roger Federer, Rob Newell, CameraSport, Sebastian Bozon, Greece’s Stefanos Tsitsipas, Murray didn’t, ”, Jelena Ostapenko, “, Glyn Kirk Organizations: Wimbledon, WTA, Olympic Games, Court, Djokovic, England Club, British, Queen’s, London, Paris, Rothesay International, Nottingham, Eastbourne, Getty, Orange, Sampras, Wimbledon —, Swiatek, Alycia Parks, Queen’s Club, All England, U.S, All England Club, U.S ., Athletic Locations: Paris, London, Canada, SW19, Stuttgart, Warsaw, Rothesay, Eastbourne, Britain, Nottingham, Great Britain, AFP, Alycia Parks, British, Florida, American, Australia, France, Berlin, Wimbleson, Alycia, Israel, Palestine, there’s

☆ Some disgruntled 'Bridgerton' fans are turning on the showrunner
▼ + stars: | 2024-06-27 | by ( Caralynn Matassa | ) www.businessinsider.com time to read: +14 min

A two-part release schedule sidelined Colin and Penelope's story for other character arcsLuke Newton as Colin Bridgerton and Nicola Coughlan as Penelope Featherington on season three, episode two of "Bridgerton." "I'm so disappointed honestly by 'Bridgerton' season three, part two," TikToker @lightfrommars said in one video that's been viewed over 770,000 times. Complaints from 'Bridgerton' fans could affect the show — though it's probably safe for nowDoes this spell doom for the Bridgertons? "Bridgerton" season three also topped Nielsen's streaming chart, with 2.19 billion viewing minutes. AdvertisementSo no matter how mad the "Bridgerton" fans are — and how much some factions may insist they're not watching anymore — I'd put my money on the romantic drama's continuation.

Persons: —, Colin Bridgerton, Luke Newton, Penelope Featherington, Nicola Coughlan, Jess Brownell, Chris Van Dusen, Francesca Bridgerton's, Hannah Dodd, Julia Quinn, Phoebe Dynevor, Jean Page, Colin, Liam Daniel, Simon Basset, Daphne Bridgerton, Anthony Bridgerton, Jonathan Bailey, Kate Sharma's, Simone Ashley, Breadcrumbing Penelope, TikToker @lightfrommars, …, John Stirling, Victor Alli, Benedict Bridgerton's, Luke Thompson, Lady Tilley Arnold, Hannah New, Anthony, Kate, Violet Bridgerton, Ruth Gemmell, Danbury's, Lord Anderson, Daniel Francis, it's, we've, Penelope, Bridgerton, Brownell, Eloise Bridgerton, Colin doesn't, he's miffed, Colin's, Polin, Kanthony, Tom Verica, TikToker notwildlin, Maia Douglas, Douglas, Coughlan, Francesca, Michaela Stirling, Michael Stirling, Marie Soledad, fatphobia, she's, Masali Baduza, Netflix There's, Michael, Abbie Mills, We're, Van Dusen, Jenna Ortega, they're, — I'd Organizations: Service, Netflix, Business, Instagram

☆ Discovery of a Bronze Age dye workshop reveals secrets of history’s most precious pigment
▼ + stars: | 2024-06-26 | by ( Taylor Nicioli | ) edition.cnn.com time to read: +7 min

Tyrian purple was a highly prized pigment developed in the Bronze Age, and it retained its status into the late medieval period. Several pottery fragments had residue of Tyrian purple pigment, the research team revealed. The well-preserved pigment could be used to dye textiles today, lead study author Dr. Lydia Berger said. Once collected, the snails had to be kept alive until the purple dye makers were ready to crush them and extract the mollusk’s mucus glands. The process came with a fishy odor, one that the researchers recognized when they came across the purple pigment residue in the recent excavation at Kolonna, she added.

Persons: Lydia Berger, Berger, ”, Maria Melo, Dye, Melo, Rena Veropoulidou, Veropoulidou, Julius Caesar, Jesus Christ, ” Veropoulidou, “ Organizations: CNN, Paris Lodron University of Salzburg, University of Michigan, Nova University of Lisbon, Hellenic Ministry of Culture, CPA Media Locations: Byzantine Empire, Aegina, Austria, Tyre, Lebanon, Phoenicia, Portugal, Kolonna, Greece, Rome

☆ NATO Will Offer Ukraine a ‘Bridge’ to Membership, Hoping That’s Enough
▼ + stars: | 2024-06-26 | by ( Steven Erlanger | ) www.nytimes.com time to read: +1 min

NATO will offer Ukraine a new headquarters to manage its military assistance at its upcoming 75th anniversary summit in Washington, officials said, an assurance of the alliance’s long-term commitment to the country’s security that has been heralded as a “bridge” to Kyiv’s eventual membership. President Volodymyr Zelensky of Ukraine — along with some Central European nations — had fervently hoped his country would be offered membership negotiations by NATO at the summit, which runs from July 9 to 11. Instead, the alliance will announce that it has agreed to set up a mission in Germany to coordinate aid of all kinds to Ukraine over the longer term, American and NATO officials said. The move is intended to send a strong signal of allied commitment, both to Kyiv and to Moscow, which hopes the West will grow tired of supporting the war. Because the mission will be under NATO’s auspices, it is designed to function even if Donald J. Trump, a sharp critic of the alliance and of aid to Ukraine, wins the U.S. presidency in November.

Persons: Volodymyr Zelensky, —, Donald J, Trump Organizations: NATO, Central, Kyiv Locations: Ukraine, Washington, Germany, Moscow

☆ Levi's shares drop 12% as jeans maker's sales disappoint despite denim craze
▼ + stars: | 2024-06-26 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +5 min

The jeans creator on Wednesday posted fiscal second quarter revenue that fell just short of Wall Street's expectations at a time when shoppers are stocking their wardrobes with denim dresses, skirts and ultra-low-rise baggy pants. It's not clear how sales at Docker's were affected by the timing of Levi's wholesale orders. The changes are necessary because nearly half of Levi's sales these days are coming from its own website and stores. During the quarter, wholesale revenue grew 7%, but excluding the shift in timing of wholesale orders, sales in the channel decreased 4%. Singh noted that wholesale revenue improved on a sequential basis, but the company has a "conservative" view of the channel's growth moving forward.

Persons: hasn't, Levi Strauss, Levi's, Harmit Singh, Singh, Michelle Gass Organizations: LSEG, Finance, CNBC, Levi's, Nike Locations: U.S, Europe, Macy's

☆ Here are Tuesday's biggest analyst calls: Nvidia, Tesla, Disney, Gap, Ford, Rivian, Apple, Tesla, Uber, Exxon & more
▼ + stars: | 2024-06-25 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Tuesday's biggest calls on Wall Street: Bank of America reiterates Nvidia as buy The firm named Nvidia to its best-of-breed list. Goldman Sachs reiterates Microsoft as buy Goldman said it's sticking with its buy rating on the stock. "We reiterate our Buy rating ($515 Price Target) on Microsoft as we see the company yielding strong returns on its Gen-AI investments." "We are initiating on Carpenter Technology (CRS) with a Buy rating and $144 target price (47% upside potential)." "We are initiating coverage on Rivian Automotive, Inc. (RIVN) with a BUY rating and $18 PT."

Persons: BoB, Goldman Sachs, Goldman, it's, TD Cowen, Zeta, Raymond James downgrades Penn, Raymond James, Wells, Tapestry's, Tesla, Piper Sandler, Uber, Piper, AMZN, Morgan Stanley, Ford, Evercore, Truist, Guggenheim, Rivian, Robinson, CHRW, Maxim, MicroStrategy Organizations: Bank of America, Nvidia, Disney, Microsoft, Technology, RBC, Zeta Global, PENN, UBS, Exxon, Deutsche Bank, Carpenter Technology, Tesla, Ford, TAP, Ball Corp, Rivian Automotive, Inc, Apple Locations: Capri, HNST

AdvertisementAyomikun Adekaiyero: The series does a great job of showing how this toxic masculinity among the men — particularly Aegon, Daemon, and Criston — escalates this conflict. I think he's a character that — don't get me wrong, I love Daemon — got a little bit muddied in season one. Ayomikun: Also, though I do believe both Aegon and Daemon want war for the wrong reasons, they're kind of right? Ayomikun: Criston and Aegon are really like that "It's always two dumb people telling each other exactlyyyyy" meme. Ayomikun: The fight was a truly brilliant scene, especially since we as the audience can't really tell which twin is which.

Persons: —, Daemon Targaryen, Aemond, Lucerys Velaryon, Jaehaerys, Helaena, she's, Eammon Jacobs, Palmer Haasch, Ayomikun Adekaiyero, Caralynn Matassa, Theo Whitman, Palmer, Alicent, Otto, Phia, Criston, Tom Glynn, Carney, Rhaenyra, Tom, I've, Lucerys, Olivia, Rhaenys, Hugh Hammer, Ollie Upton, we've, Westeros, Hugh, Clinton Liberty, Abubakar Salim, Addam, Alyn, Corlys, it's, Poor, Ewan, It's, Daemon, She's, HBO Palmer, Jace, Baela, Ser Harwin, Bethany Antonia, Harry Collett, Hightower, Rhaenyra Rhaenyra's, Theo Whiteman, they're, Daemon —, Matt, Emma, Viserys, imbeciles, Arryk, Hand, Daeron, Erryk Organizations: Service, Aegon II, Business, Greens, Aegon, HBO, Costco Locations: Driftmark, Westeros, Westerostco, Hull, Aemond, King's, Alicent, Oldtown, Rhaenyra

☆ The new Air Force One won't fly until 2026 — 3 years after the military Boeing 747 was supposed to first take flight
▼ + stars: | 2024-06-20 | by ( Taylor Rains | Jake Epstein | ) 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. Read previewBoeing and the Trump Administration struck a $3.9 billion deal in 2018 to replace the country's aging 747 presidential fleet with two new Air Force One planes. AdvertisementAt the time, the USAF provided a one-year buffer for the planes' delivery, pushing the second's delivery to as late as 2028. In 2022, the Wall Street Journal reported that continuing to fly the old fleet may cost taxpayers $390 million. The new VC-25B program, based on the 747-8i, will replace the Air Force's current VC-25A fleet.

Persons: —, Dave Calhoun Organizations: Service, Boeing, Trump Administration, Air Force, Breaking Defense, Business, USAF, Business Insider, Wall Street Journal, Air Force's, Department of Defense

☆ ‘Black Barbie: A Documentary’ takes a deeper look at a trailblazing doll
▼ + stars: | 2024-06-20 | by ( Kaila Nichols | ) edition.cnn.com time to read: +6 min

And so she did: “Black Barbie: A Documentary,” her newly-released project, takes a deeper look at the story behind Black Barbie and its impact on representation in the toy business, and culture more broadly. The first Black Barbie (pictured center) wore a bold red dress, gold jewelry and an afro. The actual Black Barbie doll didn’t become a reality until decades later, after the company hired Kitty Black Perkins in 1976 as its first Black designer. “Having Black Barbie (dolls) just reinforces the fact that being Black is fly and amazing — and that Black women are gorgeous. Black Barbie is also validation for us filmmakers, everybody who worked on it, being seen and heard in this industry,” she added.

Persons: Lagueria Davis, Beulah Mitchell, Davis —, —, Barbie, ” Davis, Black Barbie, Black, Shonda Rhimes, Misty Copeland, Ibtihaj Muhammad, Maxine Waters, Copeland, Muhammad, Mitchell, Ruth Handler, Patricia A, Turner, Handler, “, ” Mitchell, “ Christie ”, Julia ”, Christie, Julia, Diahann Carroll, Kitty Black Perkins, Black Barbie’s, Black Perkins, ” Black Perkins, Aaliyah Williams, ”, ’, White, Yolanda Hester, Shani, Stacey McBride, Irby, McBride, Kitty, Stacy, Williams Organizations: CNN, Mattel, SXSW, Black, Netflix, “ Locations: Mitchell’s

☆ This is not the dot-com bubble and Nvidia's valuation is still 'compelling,' says Bank of America
▼ + stars: | 2024-06-20 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Bank of America warned against seeing Nvidia as a potential long-term pullback victim while cautioning that today's artificial intelligence boom is altogether different from the 1990s dot-com bubble. Nvidia briefly rallied 3.8% on Thursday, helping send the S & P 500 above 5,500 for the first time, only to later retreat as much as 3.8%. Additionally, Arya pointed to demand among cloud customers for Nvidia's new Blackwell AI accelerator systems. The analyst said on-premise enterprise and sovereign AI demand as well as software monetization is still in the "early stages." When all is said and done, Arya said that Nvidia's valuation is still "compelling."

Persons: Vivek Arya, Arya, Jensen Organizations: of America, Nvidia, Blackwell

The eventual language issued by the alliance about Ukraine during July’s summit in Washington is critical. Vague commitment in 2008It was back in 2008 at a NATO summit in Budapest that Ukraine was first offered a vague commitment of an invitation to join in the future. “Of course we’d be for ‘irreversible,’” a third Eastern European official said. Generally, throughout the conflict, British officials, the closest US allies in NATO, have consistently hoped the White House would take a more aggressive stance. “When the text is on the table and the countries start to negotiate we can see the full picture,” the Eastern European official said.

Persons: Jens Stoltenberg, we’ll, Antony Blinken, Biden, Stoltenberg, Volodymyr Zelensky, Zelensky, “, ” Stoltenberg, ”, doesn’t, It’s “, Vladimir Putin, ” Putin, Putin, Jennifer Hansler Organizations: CNN, NATO, Central, “, US, Biden, European, ”, US State Department, NATO Alliance, Eastern, Eastern European Locations: United States, United Kingdom, Washington, Russia’s, Ukraine, July’s, Russia, Prague, Hungary, Central European, Kyiv, Lithuanian, Vilnius, Budapest, Russian, ”, Kharkiv, London

☆ In 'Operation Endgame,' global law enforcement teamed up in their biggest battle against hackers. It's a start.
▼ + stars: | 2024-06-19 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +7 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. 'Largest ever operation against botnets'Europol called the sting the "largest ever operation against botnets, which play a major role in the deployment of ransomware." As part of the operation, the law enforcement agencies shut down at least four malware groups or "droppers" known as "IcedID," "Smokeloader," "Pikabot," and "Bumblebee." Mitrano said "Operation Endgame," is a "very important first step, but we have to keep going." AdvertisementThe "biggest problem" in the malware world, according to Holt, is that there is always a different iteration of malware on the horizon.

Persons: —, Adam Wandt, John Jay, botnets, Europol, Christopher Wray, alarmingly, Wandt, Ransomware, Tracy Beth Mitrano, it's, Mitrano, Thomas Holt, cybercrime, Holt, Cybercriminals, Wray, borderless cybercrime Organizations: Service, Business, European Union, FBI, cybercrime, New, John, John Jay College of Criminal, botnets, Cornell University, of Criminal Justice, Michigan State University Locations: Ukraine, Armenia, Europe, cryptocurrency, United States, Holt, ransomware

☆ AI could supercharge offshoring
▼ + stars: | 2024-06-16 | by ( Tim Paradis | ) www.businessinsider.com time to read: +11 min

There's another possibility, however: Someone who knows how to use AI — and who's based abroad — will come for your job. AdvertisementAndrew Yeung, a former product lead at Google and Meta, predicted in May that overseas workers who get their AI glow-up will someday take over numerous jobs. And it's not just learning about AI, but learning from AI. AI is also making it cheaper to bring lessons on AI and other topics to people in languages other than English. AdvertisementThe time it took for earlier technologies — including automation and robotics — to rejigger the labor market was longer than what we're seeing with Gen AI, Vincent said.

Persons: —, Andrew Yeung, Sagar Khatri, Khatri, Everyone's, Jeff Maggioncalda, Maggioncalda, Coursera, Daron Acemoglu, they're, Acemoglu, Scott Vincent, Vincent, he's, Offshoring, you've, Drew Cesario Organizations: Service, Business, Google, Sagar, Massachusetts Institute of Technology, Philippines . " Workers, Digital Futures, Futures, Cesario Locations: New York, Philippines, Mexico, India, Pakistan, Brazil, Vietnam, Egypt, Japan, Germany, Indonesia

☆ Bryson DeChambeau wins U.S. Open, beating Rory McIlroy on a wild Sunday
▼ + stars: | 2024-06-16 | by ( Gabherzig | Hugh Kellenberger | ) www.nytimes.com time to read: +7 min

McIlroy was shown on the NBC broadcast sitting in the scorer’s tent as DeChambeau won the golf tournament, turned and walked out. It is DeChambeau’s second U.S. Open win. @b_dechambeau has this putt left to win the U.S. Open! Advertisement“Probably every hole,” DeChambeau said Saturday night to Golf Channel, moments after shooting a 67 to open up a three-shot lead. Through three rounds at Pinehurst, DeChambeau was 17-for-19 from 4 to 8 feet, per The Athletic contributor Justin Ray.

Persons: — Bryson DeChambeau, DeChambeau, —, Rory McIlroy, McIlroy, Payne Stewart, Bryson DeChambeau's, McIlroy birdied, @b_dechambeau, Vleb6k6PvO, 😱, LIV, o, dou, Dal, ”, ove, ambeau and, Nic, Bob, vic Organizations: U.S ., Pinehurst, NBC, Golf, U.S, uc, fai, pla, MU Locations: PINEHURST, N.C, Pinehurst

☆ How Apple, Microsoft and 3 other tech giants can make money with AI geared to consumers
▼ + stars: | 2024-06-16 | by ( Morgan Chittum | ) www.cnbc.com time to read: +10 min

(Expected AI-driven device upgrades from Apple, Microsoft, and other personal tech makers is the reason we're invested in Best Buy . Microsoft, Apple and fellow Club name Nvidia have all eclipsed $3 trillion market values — and have been wrestling for the top spot as the most valuable U.S. company. META YTD mountain Meta Platforms (META) year-to-date performance Meta Platforms is monetizing consumer interest in AI by boosting user engagement. The Meta AI generative artificial intelligence assistant is currently free to use. AMZN YTD mountain Amazon (AMZN) year-to-performance Comparable to Meta, Amazon offers AI to consumers for free to increase engagement on its dominant e-commerce platform.

Persons: Tim Cook, Siri, Apple, WWDC, Piper Sandler, Jim Cramer, Bard, Missteps, Jim, Jim Cramer's, Eugene Mymrin Organizations: Apple, Apple Intelligence, Developer Conference, Microsoft, Services, Cook, Co, AI Party, Bloomberg, Microsoft's, Computing, Club, Nvidia, Gmail, Google, ChatGPT, Facebook, Citi, Meta, Amazon, Amazon Web Services, CNBC Locations: China, Cupertino, U.S

Search resuls for: "eventual"

25 mentions found