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☆ US commander appeared to suggest UK special forces were operating in Ukraine
▼ + stars: | 2024-05-12 | by ( Nathan Rennolds | ) www.businessinsider.com time to read: +1 min

A US commander appeared to suggest UK special forces were operating in Ukraine. Gen. Bryan Fenton told The AP that the US was "taking a lot of lessons" from UK special forces in Ukraine. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementA US commander has appeared to suggest that UK special forces were operating in Ukraine. In an interview with The Associated Press, Gen. Bryan Fenton, the Commander of US Special Operations Command (USSOCOM), spoke about plans to restructure Green Beret teams based on lessons from British special forces in Ukraine.

Persons: Bryan Fenton, —, Fenton Organizations: AP, UK Ministry of Defence, Service, Associated Press, Operations Command, Green Beret, Air Force, Business Locations: Ukraine

☆ New York Democrat who sharply criticizes Israel faces ouster threat
▼ + stars: | 2024-05-12 | by ( Edward-Isaac Dovere | Manu Raju | ) edition.cnn.com time to read: +16 min

By December, he was standing with hunger strikers outside the White House, upping his criticism of the actions in Gaza. Shelley Mayer, a state senator whose district largely overlaps with the congressional district, initially backed Bowman. New York state Sen. Shelley Mayer at a state Senate Judiciary Committee hearing in April 2023, in Albany. Explaining how his response to the Israel-Hamas war fits his district, Bowman cited a poll conducted by his campaign that he claimed showed an overwhelming majority in his district support a permanent ceasefire. The Democratic Majority for Israel (DMFI) has endorsed Latimer and is expecting to spend to boost him.

Persons: Jamaal Bowman’s, Manu Raju ”, Jamaal Bowman, Israel’s, Israel, Bowman, upping, He’s, Benjamin Netanyahu, Joe Biden, Netanyahu, Shelley Mayer, George Latimer, Sen, Hans Pennink, ” Mayer, “, ”, We’ve, ” Bowman, Rashida Tlaib, Jonathan Jackson, Cori Bush, Nathan Howard, Biden, Chuck Schumer, –, New Yorker, Usamah Andrabi, Jeenah, Latimer, Jimmy Carter, Hakeem Jeffries, Kevin Riley, Riley, Israel doesn’t, ” Latimer, he’s, he’d, ‘, ’ ” Bowman, Amy Paulin, it’s, ” Paulin, Jamaal, Mandel Ngan, Latimer hasn’t, Patrick Dorton, Jeremy Ben, Ami, Ben, ” Ben, Steny Hoyer, Hoyer, ” Hoyer Organizations: CNN, Democrat, United Nations, J, New York Democrats, Democratic, Westchester, Republican, Capitol, Fox News, ”, Reps, House, Iron, Democratic Socialists, America’s, Michigan Rep, Palestinian, Israel, American Israel Public Affairs Committee, New, George Latimer voters, Democrats, Washington Post, House Democratic, Conservative, Getty, Jewish Voters, Empowerment, Black, AIPAC, PAC United Democracy, Democratic Party, ” Maryland Locations: Gaza, Bronx, Westchester County, That’s, New York, Washington, Israel, Washington groaned, George Latimer . New York, Albany, Palestine, Palestinian, York, Palestinian American, ”, White Plains , New York, Yonkers, Rye, Brooklyn, Westchester, Scarsdale, Washington ,, AFP

☆ Ukrainian attacks on Russian oil refineries may be proving the Biden Administration wrong, experts say
▼ + stars: | 2024-05-11 | by ( Nathan Rennolds | ) www.businessinsider.com time to read: +4 min

Ukraine has been targeting Russian oil refineries in recent months. The Biden Administration has criticized the strikes, warning of global energy price rises. AdvertisementUkraine has been ramping up attacks on Russian oil refineries in recent months as it seeks to hamper Russian export revenues and curtail fuel supplies to Russian President Vladimir Putin's forces. Advertisement"Those attacks could have a knock-on effect in terms of the global energy situation," Austin said. Related storiesThe experts said that Ukrainian attacks on oil refineries would only hinder Russia's ability to turn its oil into refined products such as gasoline and would not impact the volume of oil it can extract or export.

Persons: Biden, —, Vladimir Putin's, Radiy Khabirov, Lloyd Austin, Austin, Michael Liebreich, Lauri Myllyvirta, Sam Winter, Levy, Alexander Novak Organizations: Biden Administration, Service, Reuters, Russia's, Defense, Foreign Affairs, Bloomberg New Energy Finance, Centre for Research, Energy, Clean, Princeton University, Bloomberg Locations: Ukraine, Russia's Kaluga, Russia's Republic, Bashkortostan, Russia, China, India

☆ US Marines Special Ops test rifle-wielding, AI-powered robot dogs, report says
▼ + stars: | 2024-05-11 | by ( Nathan Rennolds | ) www.businessinsider.com time to read: +3 min

The US Marines are testing rifle-equipped robot dogs, The War Zone reported. Onyx Industries supplied the rifle system. AdvertisementThe US Marine Forces Special Operations Command (MARSOC) is testing rifle-equipped "robot dogs," according to a report in The War Zone. "MARSOC is aware of and follows all DoD policy on autonomous weapons, and comments by Onyx Industries may be more indicative of their current or future offerings." Business Insider has reached out to Onyx Industries and MARSOC for comment.

Persons: —, MARSOC, Eric Shell, Nvidia Xavier Organizations: US Marines, Ghost Robotics, Onyx Industries, Marine Forces Special Operations Command, Service, US Marine Forces Special Operations Command, The Department of Defense, Robotics, Nvidia, US Department of Homeland Security Science, Technology Directorate Locations: Philadelphia

☆ Russia keeps accidentally dropping bombs on its own people as it struggles to hit intended targets, UK intel says
▼ + stars: | 2024-05-11 | by ( Nathan Rennolds | ) www.businessinsider.com time to read: +3 min

In early May, reports circulated that Russia had accidentally bombed its own territory in Belgorod. UK intelligence said such instances highlight Russia's struggles to employ munitions on intended targets. AdvertisementThere have been numerous reports over the last year of incidents of Russian aircraft accidentally dropping bombs and missiles on Russian civilian areas around border regions with Ukraine. Belgorod, a region of Russia close to the besieged northeastern Ukrainian territory of Kharkiv, has borne the brunt of the apparent errors. It noted that increasing reports of such incidents likely pointed to fatigued troops and poor training.

Persons: — Organizations: Service, Russian, Telegram, Astra, Russian FAB, Russian Defense Ministry, Getty, British Ministry of Defence, MoD Locations: Russia, Belgorod, It's, Ukraine, Kharkiv, Russian, Anadolu

☆ U.S. economy looks like 'mixed picture' despite resilience from consumer, says Citi's Nathan Sheets
▼ + stars: | 2024-05-10 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailU.S. economy looks like 'mixed picture' despite resilience from consumer, says Citi's Nathan SheetsNathan Sheets, Citi global chief economist, joins 'Money Movers' to discuss what grounds Citi to their previous forecasts, consumers who seem more price-sensitive, and more.

Persons: Nathan Sheets Nathan Sheets Organizations: U.S, Citi

☆ Russia’s Victory Day parade masks simmering tensions inside Putin’s government and beyond
▼ + stars: | 2024-05-09 | by ( Nathan Hodge | ) edition.cnn.com time to read: +7 min

CNN —Russian President Vladimir Putin presided over a pared-back Victory Day parade Thursday, showcasing his country’s unity and resolve to continue the war on Ukraine. But since Russia launched its full-scale invasion of Ukraine, the massive military parade has been somewhat downsized. “The fate of the motherland, its future depends on each of us … We celebrate Victory Day in the context of the special military operation. All of Russia is with you!”But this year’s Victory Day is also happening against the background of a bribery scandal roiling Russia’s Ministry of Defense. Under Putin, Victory Day has assumed greater importance in national life.

Persons: Vladimir Putin, Putin, Putin —, “, ”, Timur Ivanov, Mikhail Klimentyev, Alexander Nemenov, Ivanov, Sergei Shoigu, Shoigu’s protégé, —, Alexey Navalny, Stanislav Krasilnikov, Maria Pevchikh, that’s Organizations: CNN, Nazi, “, Ministry of Defense, Defence, Sputnik, Getty, Financial, Corruption Foundation, AP, ACF, Prestige, — Locations: Ukraine, Russia, Nazi Germany, Russian, It’s, AFP, Mariupol, Putin’s Russia, Sochi, Moscow

☆ Emily Oster says parents should be focused on raising independent children. Her kids walk alone to school and don't have social media.
▼ + stars: | 2024-05-08 | by ( Kelly Burch | ) www.businessinsider.com time to read: +5 min

Still, Oster understands that all the research in the world can't balance out the emotional and lifestyle impacts that come with pregnancy complications. AdvertisementParents should be more worried about raising independent kidsA big picture concern that parents don't spend enough time on is fostering independence, Oster said. She encourages physical independence by having her kids walk home from school, a distance of about three blocks. The school was somewhat skeptical, but when Oster explained why the kids would be walking, they acquiesced. In addition, Oster doesn't drop off items her kids forget at home, like cleats for practice or a school folder.

Persons: Emily Oster, she's, —, Oster, Nathan Fox Organizations: Service, Mount Sinai School of Medicine, Fox Locations: New York City

☆ Georgia appeals court will hear Trump bid to disqualify D.A. Fani Willis in election case
▼ + stars: | 2024-05-08 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +2 min

Fani Willis, the district attorney of Fulton County, Georgia, photographed on Sept. 20, 2022, and former President Donald Trump, photographed on Aug. 8, 2023. A Georgia appeals court Wednesday agreed to hear a bid by Donald Trump to disqualify Fulton County District Attorney Fani Willis from the former president's criminal election interference case. Trump still faces 10 criminal counts in Willis' case. That order grants Trump's application to appeal McAfee's disqualification ruling while Willis' case is ongoing. The appeals court gave Trump 10 days to file the notice of appeal.

Persons: Fani Willis, Donald Trump, Scott McAfee, Willis, Trump, Joe Biden, Steve Sadow, Fulton County DA Willis, Nathan Wade, Wade, McAfee Organizations: Fulton, Trump, Fulton County, Georgia, McAfee, Trump —, NBC Locations: Fulton County , Georgia, Georgia, Fulton County, Georgia's

☆ Georgia Court Will Hear Appeal of Ruling That Kept Prosecutor on Trump Case
▼ + stars: | 2024-05-08 | by ( Richard Fausset | More About Richard Fausset | ) www.nytimes.com time to read: +1 min

The Georgia Court of Appeals will hear an appeal of a ruling that allowed Fani T. Willis, the district attorney in Fulton County, to continue leading the prosecution of former President Donald J. Trump on charges related to election interference, the court announced on Wednesday. The decision to hear the appeal, handed down by a three-judge panel, is likely to further delay the Georgia criminal case against Mr. Trump and 14 of his allies, making it less likely that the case will go to trial before the November election. The terse three-sentence announcement reopens the possibility that Ms. Willis could be disqualified from the biggest case of her career, and one of the most significant state criminal cases in the nation’s history. At issue is a romantic relationship she had with Nathan Wade, a lawyer she hired to handle the prosecution of Mr. Trump. Defense lawyers argued that the relationship amounted to an untenable conflict of interest, and that Ms. Willis and her entire office should be removed from the case.

Persons: Fani, Willis, Donald J, Trump, Nathan Wade Organizations: Trump . Defense Locations: Georgia, Fulton County

☆ The judge in Trump's classified documents case just gave him exactly what he wanted — again
▼ + stars: | 2024-05-08 | by ( Katherine Tangalakis-Lippert | Kelsey Vlamis | ) www.businessinsider.com time to read: +6 min

Judge Aileen Cannon on Tuesday delayed Donald Trump's classified documents case indefinitely. AdvertisementUS District Judge Aileen Cannon handed former President Donald Trump yet another legal win when she delayed his classified documents case indefinitely on Tuesday. It's just the latest legal win for Trump in the classified documents case handed to him by Cannon. Ty Cobb, a former Trump White House attorney, told CNN on Tuesday that Cannon's latest decision was "a combination of bias and incompetence." In light of Cannon's latest delay, Kalir said it was not surprising given her prior actions on the case.

Persons: Aileen Cannon, Donald Trump's, It's, —, Donald Trump, Cannon, Trump, Jack Smith's, Canon, Katie Charleston, Justice Department —, Paula Reid, Judge Cannon, I'm, She's, aren't, Ty Cobb, galvanizes, Charlie Kolean, Kolean, Tre Lovell, it's, Doron Kalir, Fani Willis, Nathan Wade, Kalir Organizations: Trump, Service, Business, Justice Department, FBI, Mar, Appeals, Associated Press, Court, Trump White House, CNN, RED PAC, Cleveland State University College of Law Locations: Lago, Southern Florida, Trump's, South Florida, Georgia, New York

☆ Kim Kardashian and Kanye West’s daughter North West to costar in ‘Lion King’ concert event at Hollywood Bowl
▼ + stars: | 2024-05-08 | by ( Alli Rosenbloom | ) edition.cnn.com time to read: +2 min

“The Lion King at the Hollywood Bowl” live concert event will take place later this month at Los Angeles’ iconic outdoor concert venue the Hollywood Bowl. Tickets are available to purchase now for “The Lion King at the Hollywood Bowl” live concert event, which will take place on May 24 and 25 in Los Angeles. The live concert will eventually be available to stream as a Disney+ Original Special at a later date. West is not the only celebrity child to be attached to the storied “Lion King” franchise in some capacity. Beyoncé and Jay Z’s 12-year–old daughter Blue Ivy Carter is part of the cast of the upcoming “Mufasa” movie – the live-action prequel to “The Lion King.”

Persons: CNN — Kim Kardashian’s, North, King, Heather Headley –, Nala, Lebo, ”, Billy Eichner, Jeremy Irons, Bradley Gibson, Nathan Lane, Jennifer Hudson, Kardashian, Kanye West, “, Jay Z’s, Blue Ivy Carter Organizations: CNN, Hollywood, Broadway, Hollywood Bowl, Los Angeles, Disney Locations: North West, Los, Los Angeles

☆ New ‘The Office’ comedy series will center on reporters at a ‘dying’ newspaper
▼ + stars: | 2024-05-08 | by ( Alli Rosenbloom | ) edition.cnn.com time to read: +1 min

CNN —Over a decade after viewers said goodbye to beloved NBC series “The Office,” a new comedy set in the same universe as everyone’s favorite paper company Dunder Mifflin is coming to Peacock. Daniels and Koman will also produce the series with original “Office” creators Ricky Gervais and Stephen Merchant. Many cast members became household names following the widespread and early success of the series, which won five Emmys throughout its run. Like its predecessor starring Gervais, the series followed a mockumentary-style format with cast members breaking the fourth wall as a crew followed staffers around an office, capturing tedious day-to-day tasks, office romances and at-times outlandish behavior. It is not yet known if any previous cast members will make cameos in the Peacock series, which is set to begin production in July.

Persons: “, Domhnall Gleeson, Sabrina Impacciatore, Dunder, Greg Daniels, “ Nathan, Michael Koman, Daniels, Koman, Ricky Gervais, Stephen Merchant ., Steve Carell, John Krasinksi, Jenna Fischer, Mindy Kaling, Rainn Wilson, BJ Novak, Gervais Organizations: CNN, NBC, Dunder Mifflin Locations: Scranton

☆ Georgia appeals court says it will consider Trump’s effort to disqualify DA Fani Willis from election subversion case
▼ + stars: | 2024-05-08 | by ( Devan Cole | Holmes Lybrand | ) edition.cnn.com time to read: +2 min

CNN —The Georgia Court of Appeals will consider an effort by Donald Trump and his co-defendants to disqualify District Attorney Fani Willis from the 2020 election subversion case. In a brief order Wednesday, the court said it will hear the appeal from Trump and others challenging the ruling from Judge Scott McAfee that allowed Willis to remain on the case. No trial date has been set in the sprawling election subversion conspiracy case against Trump, and the decision to consider the appeal is another sign that pre-trial efforts to delay a trial are succeeding. Tuesday, a federal judge in Florida indefinitely postponed Trump’s trial on mishandling classified documents at his Mar-a-Lago estate. Willis testified that she paid Wade back for the expenses in cash.

Persons: Donald Trump, Fani Willis, Trump, Scott McAfee, Willis, Willis ’, Steve Sadow, “, Fulton County DA Willis, ”, Nathan Wade, Wade, McAfee, Weeks, McAfee’s, Willis “, flagrantly Organizations: CNN, Trump, Appeals, Fulton County Locations: Georgia, Florida, Lago, Fulton

☆ Tech: Big inflows with one exception
▼ + stars: | 2024-05-06 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTech: Big inflows with one exceptionNathan Geraci, The ETF Store President, joins CNBC’s Bob Pisani on ETF Edge to discuss the big inflows into tech

Persons: Nathan Geraci, Bob Pisani Organizations: Email Tech, Edge

☆ Donald Trump says he doesn't care too much about his legal troubles: 'Life is life'
▼ + stars: | 2024-05-05 | by ( Nathan Rennolds | ) www.businessinsider.com time to read: +3 min

Read previewDonald Trump told attendees at a private donor event in Florida on Saturday that he wasn't too bothered about his numerous legal troubles. Nevertheless, Trump told those in attendance that he was shocked when he first found out he had been indicted. I got indicted," Trump said, per the report. REUTERS/Jane RosenbergDuring the Mar-a-Lago event, Trump also took the opportunity to hit out at Democrats, saying they were "running a Gestapo administration," referencing the Nazi secret police force. Doug Burgum, Ohio Sen. JD Vance, Florida Sen. Marco Rubio, and Florida Rep. Byron Donalds.

Persons: —, Donald Trump, It's, Trump, Stormy Daniels, Jane Rosenberg, Biden, South Carolina Sen, Tim Scott, Elise Stefanik, Doug Burgum, Doug Burgum , Ohio Sen, JD Vance, Florida Sen, Marco Rubio, Byron Donalds, Mike Johnson, cochair Lara Trump, Donald Trump's Organizations: Service, Mar, NBC News, Business, REUTERS, Manchurian, Republican National Committee's, Sunshine, CNN, Tim Scott , New York, North Dakota Gov, Florida Rep, House GOP Locations: Florida, New York, China, Russia, Ukraine, Sunshine State, South Carolina, Tim Scott ,, North, Doug Burgum , Ohio

☆ Disney World theme parks are becoming remote working hotspots
▼ + stars: | 2024-05-05 | by ( Nathan Rennolds | ) www.businessinsider.com time to read: +1 min

Increasingly more people are choosing to work remotely from Disney theme parks. The trend began in the wake of the pandemic, as remote working became more popular and parks reopened. Writers and social media workers are among those heading down to work in Orlando. AdvertisementMore and more people are choosing to work remotely from Disney World theme parks — and it's not just Disney bloggers. Writers, techies, and social media workers are just some of those heading down to Orlando and sharing their experiences online.

Persons: —, it's Organizations: Service, Disney, Workers, Business Locations: Orlando

☆ Apple just unveiled a $110 billion buyback plan. Here's why that doesn't make the stock a sure winner
▼ + stars: | 2024-05-05 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

Shares of Apple surged 6% on Friday as investors cheered better-than-expected fiscal second-quarter results and the announcement of the biggest stock buyback program in U.S. corporate history. In theory, Apple's $110 billion stock buyback program should provide a boost to its share price. However, recent history shows that spending billions on share repurchases isn't guaranteed to make the stock a runaway winner. So they've been retiring these shares," Nathan said. AAPL YTD mountain Shares of Apple are still down year to date despite Friday's bounce.

Persons: Dan Nathan, they've, Nathan, hasn't, They've, Apple isn't Organizations: Apple, RiskReversal Advisors, CNBC, Big Tech, Nasdaq, Mobile

☆ A $1.5 million house for sale comes with its own graveyard
▼ + stars: | 2024-05-04 | by ( Nathan Rennolds | ) www.businessinsider.com time to read: +1 min

A £1.2 million ($1.5 million) house for sale in the UK comes with its own graveyard. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementA £1.2 million ($1.5 million) house on sale in the UK comes with its own graveyard. This story is available exclusively to Business Insider subscribers.

Persons: —, Clay Coton —, Jonathan Lloyd, Ham Organizations: Service, Fine & Country, Business Locations: Northamptonshire, England, Clay, Buckingham

Fulton County District Attorney Fani Willis attends a hearing on the Georgia election interference case, March 1, 2024, in Atlanta, Georgia, U.S. A California man was indicted by a federal grand jury in Atlanta on charges of threatening Fulton County District Attorney Fani Willis, the U.S. Attorney's Office for the Northern District of Georgia announced Friday. The indictment detailed more threats Schultz made, including, "FANI WILLIS WILL BE DEAD IN 2024," and other threats using racial slurs. In a statement released by Willis' office, she referenced GOP state Sen. Bill Cowsert, who is leading an investigation of Willis' office. In March, Fulton County Superior Court Judge Scott McAfee ruled Willis could continue prosecuting the case, but she and Wade could not work on it together.

Persons: Fani Willis, Willis, Nathan Wade, Donald Trump, Mark Schultz, Schultz, FANI WILLIS, Trump, Keri Farley, Sen, Bill Cowsert, Ryan Buchanan, Wade, Scott McAfee Organizations: U.S, Attorney's, Northern, Northern District of Georgia, Department of Justice, American, United States Attorney, FBI, African American, Trump Locations: Fulton County, Georgia, Atlanta , Georgia, U.S, California, Atlanta, Northern District, Chula Vista

☆ Why Warren Buffett’s shareholders line up at 2 a.m. to see him in Omaha: He’s 'the guy who changed our life'
▼ + stars: | 2024-05-04 | by ( Ryan Ermey | ) www.cnbc.com time to read: +5 min

Such is the scene every year at the shareholders meeting at Berkshire Hathaway , the $826 billion conglomerate helmed by the Oracle of Omaha himself, Warren Buffett . And I wanted to see Warren Buffett in person. Warren Buffett is the guy who changed our life. So we appreciate what Warren Buffett brought us. Or you can come here, see Warren Buffett in person, and just enjoy the conference.

Persons: Buffett, Warren Buffett, James F, Walter Chang, Graham, Dodd, Warren, Charlie, Matt McAllister, Omaha's, Jason Garner, James Hunt, Nathan Prottsman, It's, We're, Munger, Barbara Govan, Charlie Munger, Yuan Fang, Tom Keady, That's, Giuliano Guarino, Eleanor Abney, Hayden, Parker McIntosh Organizations: CNBC, Berkshire Hathaway, Oracle, CHI, Center, Berkshire Locations: Omaha, Berkshire, Fairhope , Alabama, Taipei, Taiwan, Oakville, Canada, South Africa, Omaha , Nebraska, Houston , Texas, Dublin, Ireland, New Market , Maryland, Milan, Italy, Louisville , Kentucky

☆ The US Navy wants a lot more of a missile that just recently scored its first kill to counter Pacific threats like China
▼ + stars: | 2024-05-01 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

The US Navy used its SM-3 missile interceptor in combat for the first time last month. AdvertisementThe US Navy will need a lot more of its SM-3 missile, an interceptor that only recently scored its first-ever kill, to counter Pacific threats like China, the sea service's top civilian official said on Wednesday. The Missile Defense Agency's budget request for FY25 cuts procurement of SM-3 Block IB variant, which became operational a decade ago. During Wednesday's hearing, South Carolina Rep. Joe Wilson referred to this variant as the Navy's "primary defense against tactical ballistic missiles for the Aegis Ballistic Missile Defense" weapons system. AdvertisementThe Navy, however, is already getting a taste of what it's like to battle anti-ship ballistic missiles.

Persons: —, Navy Carlos Del Toro, Del Toro, Joe Wilson, Paul Ignatius, MCS2 Nathan T, Beard Organizations: US Navy, China, Service, Navy, House Armed, Missile Defense Agency, Combat, Missile Defense, South Carolina Rep, Aegis Ballistic Missile Defense Locations: China, Tehran, Israel, Lake Erie, Kauai, Hawaii, Washington, Beijing, American, Iran, Gulf of Aden

☆ Roblox steps up its 'year of scale' with new ad formats, hires, and key partnerships as it aims to build a $1 billion ads business
▼ + stars: | 2024-05-01 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +6 min

Video ads within Roblox are similar to real-world digital out-of-home advertising. A Roblox Portal Ad for a "Teenage Mutant Ninja Turtles" pizza party experience. Roblox/GamefamRoblox's partnerships boss, Christina Wootton, previously told Business Insider that while 2023 was a year of testing, 2024 would be the "year of scale" for its ads business. Roblox ads are labeled and can only be served to users over the age of 13, the company said. "If you literally just slap ads within the game, people are going to run a mile," Litman added.

Persons: Roblox, we'll, Stephanie Latham, Christina Wootton, Michael Guthrie, Latham, Ben Fox, David Vesper, it's, Nathan Pillot, Pillot, It's, Michael Litman, Litman Organizations: Business, Walmart, Warner Bros . Pictures, HUGO, Meta, Yahoo, Google, Social, viewability, Media.Monks, Logitech Locations: Roblox

☆ Shares of two big online education stocks tank more than 10% as students use ChatGPT
▼ + stars: | 2024-04-30 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

As a result, Jefferies downgraded the stock to underperform from hold and lowered its price target to $4 from $7, suggesting 2% downside from Monday's close. Both stocks sank by more than 10% on Tuesday after issuing disappointing guidance in part because of students using AI tools such as ChatGPT. The rapid rise of artificial intelligence appears to be taking a toll on the shares of online education companies Chegg and Coursera . After Chegg's most recent results, Morgan Stanley lowered its price target to $6.50 from $7 and maintained its underweight rating. He maintained his neutral rating and cut his price target to $8 from $9.

Persons: James, Brent Thill, Jefferies, Chegg, Daniel L, Rosensweig, Nathan Schultz, Thill, ChatGPT, Morgan Stanley, Josh Baer, Schultz, Bryan Smilek, Coursera Organizations: LSEG, JPMorgan, StreetAccount Locations: Shepherdsville , Kentucky

☆ How Berlin's techno scene came to define the post-wall city and earn UNESCO cultural heritage status — with a little help from Detroit
▼ + stars: | 2024-04-28 | by ( Nathan Rennolds | ) www.businessinsider.com time to read: +7 min

Berlin's techno scene was recently added to the UNESCO intangible cultural heritage list in Germany. The impact on Berlin's identity has been so significant that it has now received official recognition, with the city's techno scene recently added to UNESCO's intangible cultural heritage list in Germany. Dimitri HegemannWhen Dimitri Hegemann first entered the space that was to become the original site of Tresor, now one of Berlin's most iconic techno clubs, he was silent. A DJ performing during the Rave The Planet techno parade in Berlin, 2023. Lutz Leichsenring, a board member at the Clubcommission, told BI that the recognition was a "milestone for Berlin techno producers, artists, club operators and event organizers."

Persons: —, Dimitri Hegemann, Hegemann, Jeff Mills, Juan Atkins, Christian Ender, Nathan Rennolds Polish, Jennifer Kucza, Sean Gallup, Berliners, Lutz Leichsenring Organizations: UNESCO, Service, Business, BBC, Reuters, Berlin Locations: Germany, Berlin, Tresor, Detroit, New, —

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