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-------------------------

The top stories being read around the world right now!

From the Editor's Desk

Generative AI Wont Revolutionize Search Yet

Generative AI has the potential to drastically change what users
expect from search, and companies such as Microsoft and Google are
placing big bets on what it might yield. But despite the hype around
ChatGPT — and generative AI overall — there are major practical,
technical, and legal challenges to overcome before these tools can
reach the scale, robustness, and reliability of an established search
engine such as Google. These include problems of keeping large
language models up to date, issues around sourcing, and convincing
fabrications by the AIs. That said, these tools might be strong fits
for narrower, more specialized forms of search.

Continued here
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Work

US man who planned 2020 Venezuela coup attempt arrested for arms
smuggling
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The US justice department declined to comment. An attorney for
Álvarez, Christopher A Kerr, told AP that Álvarez is “seeking
asylum in the United States and has been living here peacefully with
other family members, several of whom are US citizens.

Work

TikTok is throwing $20 million a month at OpenAI via Microsoft
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Other big-name customers that reportedly purchase OpenAI models
through Microsoft include AT&T, Coca-Cola, Fidelity, Volvo, and
Walmart. Other OpenAI corporate customers — such as Zoom, Klarna,
and Salesforce — buy its software directly from the AI startup.















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Washington Prepares for the 'Super Bowl of Tax'
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Many of the expiring tax measures are ones that benefit middle-class
Americans, including a larger standard deduction, lower marginal
income tax rates and a more generous child tax credit. Republicans
chose to let those tax cuts expire — while making other measures
like a lower 21 percent corporate rate permanent — in a bet that
Democrats would eventually vote to protect them.

Work

Trump Questions Harris's Racial Identity, Saying She Only 'Became a
Black Person' Recently
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He began the interview by denouncing one of the reporters on the
panel, Rachel Scott of ABC News, as “nasty” and “rude” after
she questioned him about racist statements he had made in the past,
including accusing former President Barack Obama of not being born in
the United States and describing a Black prosecutor as an
“animal.”














Work

As Republicans Attack Harris on Immigration, Here's What Her Record
Shows
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But those successes only underlined the scale of the gulf in economic
opportunity between the United States and Central America, and how
policies to narrow that gulf could take years or even generations to
show results.

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Mastercard doesn't expect consumers to stop spending anytime soon
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Despite signs of healthy spending, Americans still aren’t feeling
entirely optimistic about the U.S. economy. The University of Michigan
survey of consumer sentiment found that U.S. sentiment “remains
guarded,” due to persistent inflation and looming uncertainty about
this year’s presidential election.














Work

Oreos and Chips Ahoy are getting too expensive for shoppers
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Even with quirky promotions, sales in North America slipped 3.4%,
while European sales fell 1.8%. Sales in Asia declined by 1.4%. In a
bright spot, sales in Latin America nudged up just 0.3%.

Work

Tezi is building an AI agent for hiring managers | TechCrunch
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OpenAI began rolling out ChatGPT’s Advanced Voice Mode on Tuesday,
giving users their first access to GPT-4o’s hyperrealistic audio
responses. The alpha version will be available to a small group…














Work

Meta: Instagram and Facebook ads help drive profit surge
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In a call following the earnings update on Wednesday though, its chief
financial officer Susan Li said at the end of 2024 its headcount would
be "meaningfully higher" when compared with the year before.

Work

Can technology fix the 'broken' concert ticketing system?
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But whether AI will be the answer for fans like Jacki Thrapp remains
to be seen. "This was the first time I've ever left America to see one
of my favourite artists, but there has to be a better way to do
this,” she says.














Work

Why Are So Many Americans Choosing to Not Have Children?
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“I don’t see it as a lack of a commitment to family,” said Mary
Brinton, a sociologist who studies low fertility rates at Harvard.
“I think the issues are very much on the societal level and the
policy level.”

Work

9/11 mastermind Khalid Sheikh Mohammad, 2 others charged in terror
plot reach plea deals
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Almost 3,000 people were killed in the Sept. 11 attacks, when four
teams of terrorists hijacked four airliners in the United States,
flying two of them into the Twin Towers at the World Trade Center in
New York City, and the third plane into the Pentagon building.














Work

Election Results Presented by Venezuela's Opposition Suggest Maduro
Lost Decisively
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Note: National result refers to the share of votes Maduro’s party
obtained in the 2015 legislative election; 2018 presidential election;
2021 governors and state lawmakers election; and the stated share of
votes he received in the 2024 presidential election.

Work

Watch: Investors pour money into non-alcoholic beverages
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There’s also a newer startup called Not Beer, which offers sparkling
water. And beyond the companies that are branding themselves as
alternatives to alcohol, there’s also mushroom drinks from Odyssey,
healthier sodas from Olipop, and lemonade alternatives from Lemon
Perfect, just to name a few.














Work

Kamala Harris says 'the American people deserve better' ?as it
happened
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"Greek letter organizations who have worked in the trenches, some for
over 100 years, never received any kind of publicity, any kind of
notoriety," Representative Frederica S. Wilson of Florida, who is also
a member of Alpha Kappa Alpha, told the New York Times earlier this
week. Once Ms. Harris ran for president, in 2020, she said, that
changed. "The A.K.A.s shouted to the highest hills, 'That's our soror!
That's our sister!'"

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Fintech Execs join the Fintech Stage at Disrupt 2024 | TechCrunch
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OpenAI began rolling out ChatGPT’s Advanced Voice Mode on Tuesday,
giving users their first access to GPT-4o’s hyperrealistic audio
responses. The alpha version will be available to a small group…













Work

AI startups ramp up federal lobbying efforts | TechCrunch
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OpenAI began rolling out ChatGPT’s Advanced Voice Mode on Tuesday,
giving users their first access to GPT-4o’s hyperrealistic audio
responses. The alpha version will be available to a small group…

Work

A comprehensive list of 2024 tech layoffs | TechCrunch
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OpenAI began rolling out ChatGPT’s Advanced Voice Mode on Tuesday,
giving users their first access to GPT-4o’s hyperrealistic audio
responses. The alpha version will be available to a small group…

Work

Global startup funding is picking up with AI still in the spotlight
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You also can follow Equity on X and Threads, at @EquityPod. For the
full episode transcript, for those who prefer reading over listening,
check out our full archive of episodes over at Simplecast.

Work

Sybill raises $11M for its AI assistant that helps salespeople reduce
administrative burden | TechCrunch
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OpenAI began rolling out ChatGPT’s Advanced Voice Mode on Tuesday,
giving users their first access to GPT-4o’s hyperrealistic audio
responses. The alpha version will be available to a small group…

Work

Pentagon Data Shows High Suicide Rates Among Troops Exposed to Blasts
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The report released on Wednesday does not mention blast exposure as a
factor, and offers no insights into what may be contributing to the
different suicide rates. Still, the correlation between deaths by
suicide and levels of blast exposure is a common theme in the figures.

Work

'We Just Need a Break': Another Flood in Vermont Wears Out Residents
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The highest amount of rain recorded was 8.4 inches in St. Johnsbury, a
town of about 7,000 people located an hour northeast of Montpelier,
according to the National Weather Service office in Burlington. Other
parts of the region drew six to eight inches of rain.

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Fires Burning at 'Full Tilt' Across the Western U.S. Stretch Resources
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Mr. Robertson said the Forest Service had already had to request about
80 aviation and fire operations experts from Australia and New Zealand
to help manage the fires spreading in California and other states,
including Washington, Oregon and Colorado.

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How the Shock of Catastrophic Floods Is Changing Farming in Vermont
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Vermont farmers have long adapted to the twists and turns of climate:
tapping maple trees earlier as winters have warmed, for example, and
investing less in berry crops as hotter, wetter weather makes them
more vulnerable to pests and fungus. But the shock of last summer’s
catastrophic flooding — followed by another damaging deluge on July
11, and a third on Tuesday — underscored a level of risk that is
hard to mitigate, given the state’s mountainous terrain and its
proximity to the Atlantic.

Work

Vance's Links to the Project 2025 Leader Complicate Trump's Attempts
at Distance
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Will Martin, a spokesman for Mr. Vance, wrote in an email Wednesday
that “the foreword has nothing to do with Project 2025.” Mr. Vance
“has plenty of disagreements with what they’re calling for,” Mr.
Martin wrote, adding: “Only President Trump will set the policy
agenda for the next administration.”

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Abraham Hamadeh Wins G.O.P. House Primary in Arizona
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But both lost to their Democratic rivals in November. Mr. Masters was
defeated by Senator Mark Kelly, who is under consideration to be Vice
President Kamala Harris’s running mate this year, by nearly 5
percentage points. Mr. Hamadeh narrowly lost the attorney general’s
race to Kris Mayes, falling short by 280 votes out of about 2.5
million votes cast.

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Border Arrests in July Drop to Low Under Biden
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Republicans and immigration opponents argue that the numbers are not
comparable. They say the Biden administration is simply letting
migrants enter the country through other means, like a U.S. Customs
and Border Protection app that allows a certain number of migrants a
day to schedule entering the country at a port of entry. Altogether,
they say, entries still exceed the totals at almost any point in the
Trump administration.

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When It Comes to Trump, Harris Tries Lightening Up
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Her ebullient tone made for a sharp contrast from Trump’s
contentious and combative appearance at the National Association of
Black Journalists this afternoon, where he lashed out at reporters and
suggested that Harris was not really Black.

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Fact-Checking Trump's Remarks on Race
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But Ms. Harris never hid her biracial background during various
campaigns. In her 2019 autobiography, “The Truths We Hold,” Ms.
Harris wrote that her family instilled “pride in our South Asian
roots” in her and her sister, Maya, but that “my mother understood
very well that she was raising two Black daughters.”

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Trump Says He Would Pardon Jan. 6 Rioters Who Attacked Police
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Simon J. Levien is a Times political reporter covering the 2024
elections and a member of the 2024-25 Times Fellowship class, a
program for journalists early in their careers. More about Simon J.
Levien

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Trump Clashed With Black Journalists. Then He Bragged About It to His
Supporters.
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As he set off for a campaign rally in Harrisburg, Pa., scheduled for
later in the day, he continued to post plaudits he had received from
other supporters for his performance on Wednesday afternoon. It all
made for tremendous content.

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Accused Sept. 11 Plotters Agree to Plead Guilty at Guant

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Alma Powell, 86, Esteemed Military Spouse of a Revered Statesman, Dies
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Back-to-Back Assassinations in Middle East Scramble Biden's Hopes for
Peace
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Musk-Backed Super PAC Shakes Up Pro-Trump Field Program
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The super PAC, which as of recently is being run by the firm of Phil
Cox, a prominent Republican operative, had over the last two months
spent more than $15 million with In Field, according to federal
filings. It is unclear what will happen to that money.

Work

Man Gets 20 Years for Fatally Stabbing Teenager on River Tubing Trip
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Mr. Miu was “bothering a group of juveniles on their tubes,”
according to interviews with witnesses and victims. Members of the
group were calling for help “from other individuals floating down
the river nearby,” according to the documents.

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Autoworkers Union Endorses Kamala Harris for President
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The group is one of Mr. Biden’s closest allies — having endorsed
him in January — but it had questioned his policies toward Israel
during the war in Gaza. In July, it joined a coalition of several
unions that sent a letter to Mr. Biden urging him to “immediately
halt all military aid to Israel as part of the work to secure an
immediate and permanent cease-fire in the war in Gaza.”

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Death by Firing Squad Is a Legal Punishment, South Carolina's Top
Court Rules
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The law passed by the Republican-controlled state legislature, Mr. Few
wrote, was not “an effort to inflict pain,” but rather a
“sincere effort to make the death penalty less inhumane while
enabling the state to carry out its laws.”

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Missouri Man Is Freed After 1991 Murder Conviction Is Overturned
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Mr. Dunn was convicted in 1991 in the murder of Ricco Rogers, 15, who
was fatally shot in May 1990 while running away from a shooter who had
fired at a group he was in as they sat on the porch of a St. Louis
home around midnight. Mr. Dunn, who was 19 when he was convicted, was
found guilty of first-degree murder, first-degree assault and armed
criminal action.

Work

'20th Hijacker' Is Denied Transfer From Federal Supermax to French
Prison
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Mr. Moussaoui, 56, was arrested in Minnesota a month before the
hijackings, which killed nearly 3,000 people in New York, at the
Pentagon and in Pennsylvania. For a time after Sept. 11, U.S.
officials theorized he was the would-be 20th hijacker in the attacks
carried out by 19 men, but later dropped that assertion.

Work

Some Republicans Embrace Conspiracy Theories on Trump Assassination
Attempt
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But in the telling of Mr. Crane and several of his right-wing
Republican colleagues in Congress, as well as G.O.P. candidates
seeking election this fall, there is far more to the story. They are
trafficking in dangerous conspiracy theories that insinuate that
Democrats and government forces played a role in trying to take out
Mr. Trump.

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Justice Dept. Watchdog Criticizes Barr for 'Chaotic' Response to
Protesters in 2020
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“We found that the decision to clear the area of protesters on the
evening of June 1 was made by the U.S.P.P. and U.S.S.S. unified
command at Lafayette Park and not by Barr, and that Barr did not
impact the timing of the clearing operation,” Mr. Horowitz wrote in
an exhaustive 168-page report that included more than 100 interviews.

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Apex Capital Trust's $43 million bid to buy Paramount might be a hoax
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“Paramount’s global future is bright, but it requires resources,
which we have and are enthusiastic to deploy, making it a win-win
situation for all of Paramount’s stakeholders,” wrote Tatiana
Logan, General Counsel for Apex Trust, in the since-redacted release.

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Disney laid off employees from its struggling TV division
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Last week, Disney and Warner Bros. Discovery launched a new bundle
that combines all of their streaming platforms — Disney+, Hulu, and
Max — under one monthly subscription plan starting at $16.99 a
month. Disney is also reportedly working on giving its streaming
platform a facelift that’ll make it look like a mashup of regular TV
and Netflix to boost viewership.

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The Alaska Airlines-Hawaiian Airlines merger is on shaky ground
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“There are some limitations on what we can do during the period up
to [the deal closes], but we are also very mindful of the fact that we
are two independent airlines today and we need to compete
independently,” he said. “And so when we talk about decisions from
a network or pricing standpoint, those are entirely within the control
of Hawaiian Airlines to do up to and until the deal is closed.”

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Google's Olympics-themed AI ad gives some viewers the ick
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Although a different use-case, Gemini is one of the most-used AI tools
at work, according to FlexOS. In May, a survey by Microsoft and
LinkedIn found that three in four workers are using generative AI in
the workplace.

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Arm issues light earnings guidance as the company stops disclosing
number of chips reported as shipped
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The company is now investing in Arm Compute Subsystems that will lower
development costs and accelerate time to market, Haas and Child wrote.
They said the technology also can boost royalty revenue fees per chip.

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The "shadow work" fad, explained
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Today’s email was written by Catherine Baab-Muguira (invented gothic
self-help) and edited and produced by Morgan Haefner (invented no kind
of self-help but does indulge in the work of others).

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Marc Cuban, Reid Hoffman lead venture capital push for Harris: 'Not
all VCs have turned MAGA'
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David Marcus, the co-founder and CEO of Lightspark and a former Meta
and Paypal executive, became the latest tech leader to back Trump on
Wednesday. In a post on X, formerly Twitter, he cited Trump’s
stances on Bitcoin and immigration as reasons for his support.

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Nasdaq jumps 450 points as Fed hints at rate cuts ahead
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On Wednesday, Boeing is set to report before the bell, while Meta,
Carvana, and Qualcomm are among the names set to report after the day
ends. On Thursday, crypto companies such as Coinbase and MicroStrategy
will report their earnings. Berkshire Hathaway’s earnings will come
on Friday.

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