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Exclusive: AI digital employee startup 11xAI raises $24M led by Benchmark - Sep 17, 2024
| From | TradeBriefs <[email protected]> |
| Subject | Exclusive: AI digital employee startup 11xAI raises $24M led by Benchmark - Sep 17, 2024 |
| Date | September 17, 2024 12:48 AM |
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-------------------------
- The top 25 stories curated by editors and fellow readers!
Editor's Pick
Nothing: Simply Do Nothing
[[link removed]}&lead=419599&emailid=65437&nl=daily
timer that tracks your intentional choice to do... nothing. No goals
to chase, no notifications clamoring for your attention, no pressure
to fill the silence with productivity. It simply exists, quietly
counting each second you allow to pass. This is a space where
inactivity is the point—a digital oasis amidst the chaos of endless
tasks and to-dos.
Yet the essence of Nothing isn't about fixating on your screen, though
you're welcome to if you wish. It's about setting aside your phone or
computer, taking a step back from the relentless grind, and
reconnecting with the world around you. Nothing is more a concept than
an app—a quiet reflection rather than a tool to be used. It stands
as a gentle rebellion against the incessant noise of modern life,
which demands constant action.
Continued here [[link removed]}&lead=419599&emailid=65437&nl=daily]
"What I love about TradeBriefs is their knack for uncovering the
stories that most miss. Their focus on the business landscape, coupled
with research and commentary, makes it a must-read for anyone serious
about staying ahead in the market."
- Sarah Davis, Director of Strategy, Innovate Corp
Work
Exclusive: AI digital employee startup 11xAI raises $24M led by
Benchmark
[[link removed]}&lead=419599&emailid=65437&nl=daily]
AWS today announced that it is transitioning OpenSearch, its open
source fork of the popular Elasticsearch search and analytics engine,
to the Linux Foundation with the launch of the very…
Work
Tabloids are about more than trashy headlines - The Economist (No
paywall) [[link removed]}&lead=419599&emailid=65437&nl=daily]
BEFORE any journalist thought to use the word, a drugs company
trademarked it in 1884. “Tabloid”, a portmanteau of “tablet”
and “alkaloid”, denoted drugs in tablet form but quickly assumed a
broader meaning: “anything compressed or concentrated for easy
assimilation”. That also describes what has come to be known as
tabloid journalism: brief sentences, punchy (and often incendiary)
headlines, short articles, famous subjects.
Work
After layoffs, Tesla's supercharger expansion slows - WSJ (No paywall)
[[link removed]}&lead=419599&emailid=65437&nl=daily]
Tesla’s expansion of its Supercharger network has slowed in recent
months, after widespread layoffs in April gutted the team responsible
for installing new electric-car chargers and stations.
Work
Why Washington and Big Oil are investing billions in ammonia - WSJ (No
paywall) [[link removed]}&lead=419599&emailid=65437&nl=daily]
Most people think of ammonia as a household cleaner. To big oil
companies, climate investors and the U.S. government, it is a hot
commodity that is attracting billions of dollars for its use in
fertilizer and low-carbon energy.
Work
The crude system of coded messages keeping Hamas's leader alive - WSJ
(No paywall) [[link removed]}&lead=419599&emailid=65437&nl=daily]
Hamas’s top leader Yahya Sinwar could well be dead today if not for
a low-tech communications system honed in prison that shields him from
Israel’s intelligence-gathering dragnet.
Work
How to Lead Your Team when the House Is on Fire
[[link removed]}&lead=419599&emailid=65437&nl=daily]
The tech industry is going through challenging times: from one side,
funding dried up due to the end of the Zero Interest-Rate Period; on
the other one, the rapid rise of AI disrupts previously safe domains
and business models. These forces are pushing companies to "wartime"
mode, a concept I first read about in the works of David B. Black,
some of which were published in "Wartime Software: Building Software
when Speed Matters"; or the Peacetime CEO / Wartime CEO article from
Ben Horowitz, similarly from more than a decade ago.
Work
New tech can make air-conditioning less harmful to the planet - The
Economist (No paywall) [[link removed]}&lead=419599&emailid=65437&nl=daily]
In many parts of the world, the cool blast of an air-conditioner on a
hot day is nowadays seen as a luxury rather than a necessity. Climate
change is tipping the balance. Average global temperatures are now
roughly 1.2°C higher than they were before the Industrial Revolution:
by mid-century they are projected to be about 2°C higher.
Air-conditioning (AC) use, correspondingly, is set to soar. By one
estimate, the number of room-cooling ACs could nearly triple between
now and 2050.
Work
The Death of the Magazine
[[link removed]}&lead=419599&emailid=65437&nl=daily]
Each of these companies has encountered many problems since 1960—but
they all grew significantly. Even if we adjust revenues for the
declining value of the dollar, most have outpaced inflation.
Work
The suave Italian banker who wants to be the Jamie Dimon of Europe -
WSJ (No paywall) [[link removed]}&lead=419599&emailid=65437&nl=daily]
Andrea Orcel made his name helping banks choose the moment to pounce
on a rival. Last week, the CEO of Italy’s deal-hungry UniCredit made
his own move on Germany’s Commerzbank.
Work
TikTok's US future hangs in the balance in court - WSJ (No paywall)
[[link removed]}&lead=419599&emailid=65437&nl=daily]
A law signed by President Biden this spring requires TikTok’s parent
company, Beijing-based ByteDance, to sell the platform by Jan. 19 with
a possible 90-day extension. The law doesn’t make it a crime to use
TikTok, but it does prohibit mobile app stores from letting users
download or update it.
Work
20-somethings learn to love their corporate jobs - WSJ (No paywall)
[[link removed]}&lead=419599&emailid=65437&nl=daily]
Some days Hubbard, 29 years old, leaves for lunch at 11 a.m. sharp,
walking to the office elevator and heading home to microwave a meal.
Others, he visits a fast-food drive-through, eating in his car and
back in his office swivel chair by 11:50. In videos of his routine
posted to TikTok, he flashes a thumbs-up to the camera and gets back
to work.
Work
Boeing machinist strike adds cash crunch to new CEO's rescue mission -
WSJ (No paywall) [[link removed]}&lead=419599&emailid=65437&nl=daily]
When the jet maker’s largest union went on strike Friday, the
walkout compounded the list of problems facing Kelly Ortberg, who took
Boeing’s top job five weeks ago. Among them: rapid cash burn, a
struggling supply base and a manufacturing quality crisis.
Work
Elon Musk has beef with the FAA. The agency still puts in a lot of
work for him. - Business Insider (No paywall)
[[link removed]}&lead=419599&emailid=65437&nl=daily]
Recently, the billionaire and his rocket company, SpaceX, have been
beefing with federal regulators, blaming the FAA for delaying the next
launch of Starship to late November rather than mid-September. The
company said on Tuesday that the delay was "not based on a new safety
concern, but instead driven by superfluous environmental analysis."
Work
Oracle turns rivals into partners in pursuit of cloud ambitions - WSJ
(No paywall) [[link removed]}&lead=419599&emailid=65437&nl=daily]
Oracle announced a partnership with Amazon’s cloud unit, cementing
its strategy of joining with once sworn rivals, and finding its own
niche in the cloud and artificial intelligence era.
Work
Meet The Japanese Noodle Billionaire Taking On McDonald's And KFC -
Forbes (No paywall) [[link removed]}&lead=419599&emailid=65437&nl=daily]
When Takaya Awata used his meager savings to open a small restaurant
in Kakogawa, a coastal city off Japan’s Seto Inland Sea, the
then-23-year-old named it Toridoll Sanban-kan, or Toridoll store No.
3. It was a promise to himself that stores number one and two were
only a matter of time and he would soon achieve his modest goal of
owning three restaurants.
Work
Disney World Is Getting Rid of One of Its Most Historic
Attractions--and Replacing It With Cars
[[link removed]}&lead=419599&emailid=65437&nl=daily]
In August, at the biennial Disney fan convention D23, the chairman of
Disney Experiences, Josh D’Amaro, announced an ambitious slate of
updates to the company’s theme parks. The reveal of a new
villains-themed land in Disney World’s Magic Kingdom captured most
Disney fans’ attention, along with a Monsters, Inc. area at
Hollywood Studios and a Coco ride at Disney California Adventure.
Work
These millionaires can afford their dream home. They're renting
instead. - WSJ (No paywall) [[link removed]}&lead=419599&emailid=65437&nl=daily]
George Goognin, the millionaire founder of a fintech startup, moved to
the U.S. two years ago from Russia. He planned to rent while he
searched for a place to buy in Silicon Valley. But after a monthslong
househunt, he saw nothing he liked. So he moved on.
Work
FX Outduels Bigger Rivals to Collect Huge Emmy Haul
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“Shogun,” an adaptation from a 1975 best-selling book centered on
17th century feudal Japan on the brink of civil war, had a dominant
night at the Emmys. It set a record for most Emmys won by a show in a
single year, winning 18 in all. It was also the first time a foreign
language show (roughly 70 percent of the show was in Japanese) had
taken the best drama award that is normally the domain of shows that
take place in the United States, the United Kingdom or Westeros.
Work
Ohio GOP Gov. DeWine says 'at least 33' bomb threats prompt
Springfield to begin daily school sweeps
[[link removed]}&lead=419599&emailid=65437&nl=daily]
"We have people, unfortunately overseas, who are taking these actions.
Some of them are coming from one particular country," he said, not
specifying the country to which he was referring. "We think that this
is one more opportunity to mess with the United States, and they're
continuing to do that. So we cannot let the bad guys win."
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Mixed bag for Labor and the rise of the Libertarians: the key
surprises in the NSW local elections
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In Australia, the national family violence counselling service is on
1800 737 732. In the UK, call the national domestic abuse helpline on
0808 2000 247, or visit Women’s Aid. In the US, the domestic
violence hotline is 1-800-799-SAFE (7233). Other international
helplines may be found via www.befrienders.org.
Work
What We Know About the Trump Suspect
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Thomas Gibbons-Neff, The Times’s Ukraine correspondent, interviewed
Routh for a 2023 article about American volunteers fighting in
Ukraine. The man had wanted to fly Afghan veterans to fight Russia. He
was, Thomas writes, “in way over his head.” This is what we know
about Routh.
Work
Brazilian Politician Upends Debate by Hitting Opponent With Chair
[[link removed]}&lead=419599&emailid=65437&nl=daily]
Mr. Marçal quickly capitalized, posting multiple videos on social
media after the attack, including a dramatized clip of him being
rushed to the hospital and breathing with the help of an oxygen mask.
He also posted from the hospital, clad in a hospital gown with an arm
sling.
Work
OpenAI's new safety board has more power and no Sam Altman
[[link removed]}&lead=419599&emailid=65437&nl=daily]
OpenAI's latest safety initiative also includes plans to enhance
security measures, increase transparency about their work, and
collaborate with external organizations. The company has already
reached agreements with the US and UK AI Safety Institutes to
collaborate on researching emerging AI safety risks and standards for
trustworthy AI.
Work
Europe beats the US for walkable, livable cities, study shows
[[link removed]}&lead=419599&emailid=65437&nl=daily]
“You still see a lot of cars on the street,” said Harris. “In
terms of the pedestrian experience, it’s lovely, I truly cannot
think of other cities I’ve been to where it feels easier to walk …
but in terms of cycling, and the special relation between cycling and
cars, it seems like there’s still friction.”
Work
Fisker Ocean owners stuck paying for recall repairs
[[link removed]}&lead=419599&emailid=65437&nl=daily]
AWS today announced that it is transitioning OpenSearch, its open
source fork of the popular Elasticsearch search and analytics engine,
to the Linux Foundation with the launch of the very…
Work
Runway announces an API for its video-generating AI models |
TechCrunch
[[link removed]}&lead=419599&emailid=65437&nl=daily]
AWS today announced that it is transitioning OpenSearch, its open
source fork of the popular Elasticsearch search and analytics engine,
to the Linux Foundation with the launch of the very…
Work
Gogoro CEO resigns as subsidy fraud investigation continues
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AWS today announced that it is transitioning OpenSearch, its open
source fork of the popular Elasticsearch search and analytics engine,
to the Linux Foundation with the launch of the very…
Work
Generative AI startup Typeface acquires two companies, Treat and
Narrato, to bolster its portfolio | TechCrunch
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A decade after the wildly popular game Flappy Bird disappeared, an
organization calling itself the Flappy Bird Foundation announced plans
to “re-hatch the official Flappy Bird® game.” But this
morning,…
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AI coding assistant Supermaven raises cash from OpenAI and Perplexity
co-founders | TechCrunch
[[link removed]}&lead=419599&emailid=65437&nl=daily]
AWS today announced that it is transitioning OpenSearch, its open
source fork of the popular Elasticsearch search and analytics engine,
to the Linux Foundation with the launch of the very…
Work
Mark Cuban Asks Elon Musk He Can Directly Question Him About Kamala
Harris' Economic Policies, But Wants This In Exchange
[[link removed]}&lead=419599&emailid=65437&nl=daily]
Elon Musk and Jeff Bezos are bullish on one city that could dethrone
New York and become the new financial capital of the US. Investing in
its booming real estate market has never been more accessible.
Work
The $22.6 Trillion Crisis Neither Harris Nor Trump Mentioned, But It's
The Top Concern For Millions Of Working Americans
[[link removed]}&lead=419599&emailid=65437&nl=daily]
The U.S. national debt is already a staggering $34 trillion, and it's
expected to keep growing. For perspective, in 2000, the debt was $3.4
trillion – yes, it's grown tenfold in just a generation.
Work
BlackRock Warns on Bonds, Saying Fed Rate Bets Are Overdone
[[link removed]}&lead=419599&emailid=65437&nl=daily]
While Li acknowledges recession risks may have increased, she said her
base case is still for the US economy to slow down rather than to
contract. At the same time, policymakers remain wary of
“persistent” inflation in some parts of the economy, she said.
Work
Paraguay Loves Mickey, Its Cartoon Mouse. Disney Doesn't.
[[link removed]}&lead=419599&emailid=65437&nl=daily]
The other is a third-generation family firm with 280 workers that
packages hot sauce, soy beans, multicolored sprinkles, a herb called
horsetail, six varieties of panettone and seven kinds of salt for sale
in Paraguayan supermarkets.
Work
The roadblock to Gen Z's degree-free dreams - Business Insider (No
paywall) [[link removed]}&lead=419599&emailid=65437&nl=daily]
Wakeham's decision was partly inspired by her father's background. He
was born in Mexico, and after moving to the US when he was five, he
taught himself "pretty much everything," she said. Despite not having
a high school diploma or college degree, he started multiple
successful businesses that allowed him to financially support his
family.
Work
The US is considering a sovereign wealth fund. Alaska already has one,
and it's funding a universal basic income. - Business Insider (No
paywall) [[link removed]}&lead=419599&emailid=65437&nl=daily]
At the White House, President Joe Biden's top aides have circulated
plans for a fund to finance national security interests. And former
President Donald Trump recently called for a similar state-owned
investment fund to finance "great national endeavors" during a
campaign stop at the Economic Club of New York.
Work
Consumers have a debt problem: Not enough of the right kind - WSJ (No
paywall) [[link removed]}&lead=419599&emailid=65437&nl=daily]
The Federal Reserve’s next interest-rate decision could be a fateful
one for many consumers and in turn for debates about the health of the
American spender. Consumers have increasingly been turning to one of
the more expensive forms of borrowing—credit cards—in part because
other kinds of credit and sources of cash have been harder to come by.
Cutting rates could unlock other avenues for borrowing and give
consumers a crucial relief valve.
Work
Man Arrested at Trump Golf Course Had a History of Crusading for
Causes
[[link removed]}&lead=419599&emailid=65437&nl=daily]
Mr. Routh has been a serial crusader for causes large and small dating
back to at least 1996, when he campaigned against graffiti in
Greensboro, N.C., where he lived for decades. In July, he urged
President Biden and Vice President Kamala Harris on the social media
platform X to visit the victims of the assassination attempt against
Mr. Trump in Butler, Pa., writing that “Trump will never do anything
for them.”
Work
America's favorite electric truck is the Cybertruck
[[link removed]}&lead=419599&emailid=65437&nl=daily]
Combined registrations for Rivian’s R1S and R1T pickup, its two
consumer models, were down 0.3 percent in July to 2,522. Rivian shut
down its Normal, Ill., factory in April to retool for freshened R1
vehicles. Rivian, including its commercial vans, fell to seventh place
among EV brands in July from fourth place in June, the registration
data showed.
Work
Boeing has to cut a big check to an upstart rival
[[link removed]}&lead=419599&emailid=65437&nl=daily]
Now, Boeing is still trying to keep up with Airbus (AIR), which has
surpassed its American counterpart to become the biggest planemaker in
the world. Plus, thanks to another 737 Max mess, Embraer is reportedly
plotting to take on both Boeing and Airbus in the commercial airliner
market.
Work
Trading stocks right now is like Bruce Willis walking barefoot on
glass in 'Die Hard,' Bank of America says
[[link removed]}&lead=419599&emailid=65437&nl=daily]
According to Goldman Sachs, the best outcome of the 2024 election for
the U.S. economy would be an overwhelming victory for Vice President
Kamala Harris and her Democratic allies. A Republican sweep in
Congress and win for Trump, on the other hand, would diminish economic
output next year, Goldman said.
Work
Exclusive: TeamBridge, founded by former Uber execs, raises $28M to
build HR software for hourly workers
[[link removed]}&lead=419599&emailid=65437&nl=daily]
A decade after the wildly popular game Flappy Bird disappeared, an
organization calling itself the Flappy Bird Foundation announced plans
to “re-hatch the official Flappy Bird® game.” But this
morning,…
Work
'Disaster has arrived' at Stellantis
[[link removed]}&lead=419599&emailid=65437&nl=daily]
This isn’t the first time dealers across America have let Tavares
know how they really feel, with dealers sending a letter earlier this
year outlining issues they needed addressing. That letter was followed
by a meeting with company bosses that led to a summer incentive
campaign to support sales and more freedom to order certain models.
Work
Boeing warns of job losses and makes spending cuts after strike
[[link removed]}&lead=419599&emailid=65437&nl=daily]
The company, which employs more than 170,000 people, the majority of
whom are based in the US, said it was also "considering the difficult
step of temporary furloughs for many employees, managers and
executives in the coming weeks".
Work
macOS 15 Sequoia: The Ars Technica review
[[link removed]}&lead=419599&emailid=65437&nl=daily]
CNMN Collection WIRED Media Group © 2024 Condé Nast. All rights
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Privacy Policy and Ars Technica Addendum. Ars may earn compensation on
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California Privacy Rights | Do Not Sell My Personal Information The
material on this site may not be reproduced, distributed, transmitted,
cached or otherwise used, except with the prior written permission of
Condé Nast.Ad Choices
Work
A Top E.U. Commissioner Resigns, Citing 'Questionable Governance'
[[link removed]}&lead=419599&emailid=65437&nl=daily]
She had asked member countries to nominate both men and women for
commission roles. After most countries nominated only men, several
countries, under pressure from Ms. von der Leyen, in recent weeks
switched their nominations to female candidates. Slovenia, embroiled
in a domestic political dispute, has not yet named a commissioner.
Work
Boeing Will Cut Spending as Strike Takes Financial Toll
[[link removed]}&lead=419599&emailid=65437&nl=daily]
The employees represented by the union last went on strike in 2008 for
nearly two months. The contract the union ultimately reached with the
company after that walkout has been extended several times before it
expired at midnight on Thursday. Boeing and the union are scheduled to
restart talks on Tuesday, with the help of federal mediators.
Work
The Star-Making Machine That Created 'Donald Trump'
[[link removed]}&lead=419599&emailid=65437&nl=daily]
That program, “The Apprentice,” would at its essence be a game
show, with a job in this office as the ultimate prize. But that prize,
in a literal sense, stank. Making viewers believe the central conceit
— that Ivy League grads would eagerly connive and humiliate
themselves for a chance to learn at the side of this icon of success
— would test the bounds of reality television magic.
Work
Future of Murdoch Empire Comes Down to a Court in Nevada
[[link removed]}&lead=419599&emailid=65437&nl=daily]
The final decision in the case will have wide-ranging effects in media
and politics, determining whether Fox News and the Murdochs’ other
populist conservative clarions stay on their hard-right course, as
Lachlan Murdoch prefers, or move toward the more centrist
sensibilities of the three siblings, James, Elisabeth and Prudence,
who Mr. Murdoch fears will outvote Lachlan upon his passing.
Work
YouTube CEO Says Google Faces Plenty of Ad Tech Competition
[[link removed]}&lead=419599&emailid=65437&nl=daily]
The lawsuits are part of a greater push by regulators to rein in the
power of technology companies, which control much of public discourse,
commerce, and entertainment online. The Justice Department has also
brought an antitrust suit against Apple, while the Federal Trade
Commission has sued both Amazon and Meta, which owns Instagram and
WhatsApp, over anticompetitive behavior.
Work
How Does Pregnancy Change the Brain? Clues Are Emerging.
[[link removed]}&lead=419599&emailid=65437&nl=daily]
The study participant, Elizabeth Chrastil, is a neuroscientist at the
University of California, Irvine. She became pregnant in 2019, at 38,
after in vitro fertilization. That allowed precise tracking of her
pregnancy from the start.
TradeBriefs Publications are read by over 100,000 Industry Executives
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-------------------------
- The top 25 stories curated by editors and fellow readers!
Editor's Pick
Nothing: Simply Do Nothing
[[link removed]}&lead=419599&emailid=65437&nl=daily
timer that tracks your intentional choice to do... nothing. No goals
to chase, no notifications clamoring for your attention, no pressure
to fill the silence with productivity. It simply exists, quietly
counting each second you allow to pass. This is a space where
inactivity is the point—a digital oasis amidst the chaos of endless
tasks and to-dos.
Yet the essence of Nothing isn't about fixating on your screen, though
you're welcome to if you wish. It's about setting aside your phone or
computer, taking a step back from the relentless grind, and
reconnecting with the world around you. Nothing is more a concept than
an app—a quiet reflection rather than a tool to be used. It stands
as a gentle rebellion against the incessant noise of modern life,
which demands constant action.
Continued here [[link removed]}&lead=419599&emailid=65437&nl=daily]
"What I love about TradeBriefs is their knack for uncovering the
stories that most miss. Their focus on the business landscape, coupled
with research and commentary, makes it a must-read for anyone serious
about staying ahead in the market."
- Sarah Davis, Director of Strategy, Innovate Corp
Work
Exclusive: AI digital employee startup 11xAI raises $24M led by
Benchmark
[[link removed]}&lead=419599&emailid=65437&nl=daily]
AWS today announced that it is transitioning OpenSearch, its open
source fork of the popular Elasticsearch search and analytics engine,
to the Linux Foundation with the launch of the very…
Work
Tabloids are about more than trashy headlines - The Economist (No
paywall) [[link removed]}&lead=419599&emailid=65437&nl=daily]
BEFORE any journalist thought to use the word, a drugs company
trademarked it in 1884. “Tabloid”, a portmanteau of “tablet”
and “alkaloid”, denoted drugs in tablet form but quickly assumed a
broader meaning: “anything compressed or concentrated for easy
assimilation”. That also describes what has come to be known as
tabloid journalism: brief sentences, punchy (and often incendiary)
headlines, short articles, famous subjects.
Work
After layoffs, Tesla's supercharger expansion slows - WSJ (No paywall)
[[link removed]}&lead=419599&emailid=65437&nl=daily]
Tesla’s expansion of its Supercharger network has slowed in recent
months, after widespread layoffs in April gutted the team responsible
for installing new electric-car chargers and stations.
Work
Why Washington and Big Oil are investing billions in ammonia - WSJ (No
paywall) [[link removed]}&lead=419599&emailid=65437&nl=daily]
Most people think of ammonia as a household cleaner. To big oil
companies, climate investors and the U.S. government, it is a hot
commodity that is attracting billions of dollars for its use in
fertilizer and low-carbon energy.
Work
The crude system of coded messages keeping Hamas's leader alive - WSJ
(No paywall) [[link removed]}&lead=419599&emailid=65437&nl=daily]
Hamas’s top leader Yahya Sinwar could well be dead today if not for
a low-tech communications system honed in prison that shields him from
Israel’s intelligence-gathering dragnet.
Work
How to Lead Your Team when the House Is on Fire
[[link removed]}&lead=419599&emailid=65437&nl=daily]
The tech industry is going through challenging times: from one side,
funding dried up due to the end of the Zero Interest-Rate Period; on
the other one, the rapid rise of AI disrupts previously safe domains
and business models. These forces are pushing companies to "wartime"
mode, a concept I first read about in the works of David B. Black,
some of which were published in "Wartime Software: Building Software
when Speed Matters"; or the Peacetime CEO / Wartime CEO article from
Ben Horowitz, similarly from more than a decade ago.
Work
New tech can make air-conditioning less harmful to the planet - The
Economist (No paywall) [[link removed]}&lead=419599&emailid=65437&nl=daily]
In many parts of the world, the cool blast of an air-conditioner on a
hot day is nowadays seen as a luxury rather than a necessity. Climate
change is tipping the balance. Average global temperatures are now
roughly 1.2°C higher than they were before the Industrial Revolution:
by mid-century they are projected to be about 2°C higher.
Air-conditioning (AC) use, correspondingly, is set to soar. By one
estimate, the number of room-cooling ACs could nearly triple between
now and 2050.
Work
The Death of the Magazine
[[link removed]}&lead=419599&emailid=65437&nl=daily]
Each of these companies has encountered many problems since 1960—but
they all grew significantly. Even if we adjust revenues for the
declining value of the dollar, most have outpaced inflation.
Work
The suave Italian banker who wants to be the Jamie Dimon of Europe -
WSJ (No paywall) [[link removed]}&lead=419599&emailid=65437&nl=daily]
Andrea Orcel made his name helping banks choose the moment to pounce
on a rival. Last week, the CEO of Italy’s deal-hungry UniCredit made
his own move on Germany’s Commerzbank.
Work
TikTok's US future hangs in the balance in court - WSJ (No paywall)
[[link removed]}&lead=419599&emailid=65437&nl=daily]
A law signed by President Biden this spring requires TikTok’s parent
company, Beijing-based ByteDance, to sell the platform by Jan. 19 with
a possible 90-day extension. The law doesn’t make it a crime to use
TikTok, but it does prohibit mobile app stores from letting users
download or update it.
Work
20-somethings learn to love their corporate jobs - WSJ (No paywall)
[[link removed]}&lead=419599&emailid=65437&nl=daily]
Some days Hubbard, 29 years old, leaves for lunch at 11 a.m. sharp,
walking to the office elevator and heading home to microwave a meal.
Others, he visits a fast-food drive-through, eating in his car and
back in his office swivel chair by 11:50. In videos of his routine
posted to TikTok, he flashes a thumbs-up to the camera and gets back
to work.
Work
Boeing machinist strike adds cash crunch to new CEO's rescue mission -
WSJ (No paywall) [[link removed]}&lead=419599&emailid=65437&nl=daily]
When the jet maker’s largest union went on strike Friday, the
walkout compounded the list of problems facing Kelly Ortberg, who took
Boeing’s top job five weeks ago. Among them: rapid cash burn, a
struggling supply base and a manufacturing quality crisis.
Work
Elon Musk has beef with the FAA. The agency still puts in a lot of
work for him. - Business Insider (No paywall)
[[link removed]}&lead=419599&emailid=65437&nl=daily]
Recently, the billionaire and his rocket company, SpaceX, have been
beefing with federal regulators, blaming the FAA for delaying the next
launch of Starship to late November rather than mid-September. The
company said on Tuesday that the delay was "not based on a new safety
concern, but instead driven by superfluous environmental analysis."
Work
Oracle turns rivals into partners in pursuit of cloud ambitions - WSJ
(No paywall) [[link removed]}&lead=419599&emailid=65437&nl=daily]
Oracle announced a partnership with Amazon’s cloud unit, cementing
its strategy of joining with once sworn rivals, and finding its own
niche in the cloud and artificial intelligence era.
Work
Meet The Japanese Noodle Billionaire Taking On McDonald's And KFC -
Forbes (No paywall) [[link removed]}&lead=419599&emailid=65437&nl=daily]
When Takaya Awata used his meager savings to open a small restaurant
in Kakogawa, a coastal city off Japan’s Seto Inland Sea, the
then-23-year-old named it Toridoll Sanban-kan, or Toridoll store No.
3. It was a promise to himself that stores number one and two were
only a matter of time and he would soon achieve his modest goal of
owning three restaurants.
Work
Disney World Is Getting Rid of One of Its Most Historic
Attractions--and Replacing It With Cars
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In August, at the biennial Disney fan convention D23, the chairman of
Disney Experiences, Josh D’Amaro, announced an ambitious slate of
updates to the company’s theme parks. The reveal of a new
villains-themed land in Disney World’s Magic Kingdom captured most
Disney fans’ attention, along with a Monsters, Inc. area at
Hollywood Studios and a Coco ride at Disney California Adventure.
Work
These millionaires can afford their dream home. They're renting
instead. - WSJ (No paywall) [[link removed]}&lead=419599&emailid=65437&nl=daily]
George Goognin, the millionaire founder of a fintech startup, moved to
the U.S. two years ago from Russia. He planned to rent while he
searched for a place to buy in Silicon Valley. But after a monthslong
househunt, he saw nothing he liked. So he moved on.
Work
FX Outduels Bigger Rivals to Collect Huge Emmy Haul
[[link removed]}&lead=419599&emailid=65437&nl=daily]
“Shogun,” an adaptation from a 1975 best-selling book centered on
17th century feudal Japan on the brink of civil war, had a dominant
night at the Emmys. It set a record for most Emmys won by a show in a
single year, winning 18 in all. It was also the first time a foreign
language show (roughly 70 percent of the show was in Japanese) had
taken the best drama award that is normally the domain of shows that
take place in the United States, the United Kingdom or Westeros.
Work
Ohio GOP Gov. DeWine says 'at least 33' bomb threats prompt
Springfield to begin daily school sweeps
[[link removed]}&lead=419599&emailid=65437&nl=daily]
"We have people, unfortunately overseas, who are taking these actions.
Some of them are coming from one particular country," he said, not
specifying the country to which he was referring. "We think that this
is one more opportunity to mess with the United States, and they're
continuing to do that. So we cannot let the bad guys win."
Work
Mixed bag for Labor and the rise of the Libertarians: the key
surprises in the NSW local elections
[[link removed]}&lead=419599&emailid=65437&nl=daily]
In Australia, the national family violence counselling service is on
1800 737 732. In the UK, call the national domestic abuse helpline on
0808 2000 247, or visit Women’s Aid. In the US, the domestic
violence hotline is 1-800-799-SAFE (7233). Other international
helplines may be found via www.befrienders.org.
Work
What We Know About the Trump Suspect
[[link removed]}&lead=419599&emailid=65437&nl=daily]
Thomas Gibbons-Neff, The Times’s Ukraine correspondent, interviewed
Routh for a 2023 article about American volunteers fighting in
Ukraine. The man had wanted to fly Afghan veterans to fight Russia. He
was, Thomas writes, “in way over his head.” This is what we know
about Routh.
Work
Brazilian Politician Upends Debate by Hitting Opponent With Chair
[[link removed]}&lead=419599&emailid=65437&nl=daily]
Mr. Marçal quickly capitalized, posting multiple videos on social
media after the attack, including a dramatized clip of him being
rushed to the hospital and breathing with the help of an oxygen mask.
He also posted from the hospital, clad in a hospital gown with an arm
sling.
Work
OpenAI's new safety board has more power and no Sam Altman
[[link removed]}&lead=419599&emailid=65437&nl=daily]
OpenAI's latest safety initiative also includes plans to enhance
security measures, increase transparency about their work, and
collaborate with external organizations. The company has already
reached agreements with the US and UK AI Safety Institutes to
collaborate on researching emerging AI safety risks and standards for
trustworthy AI.
Work
Europe beats the US for walkable, livable cities, study shows
[[link removed]}&lead=419599&emailid=65437&nl=daily]
“You still see a lot of cars on the street,” said Harris. “In
terms of the pedestrian experience, it’s lovely, I truly cannot
think of other cities I’ve been to where it feels easier to walk …
but in terms of cycling, and the special relation between cycling and
cars, it seems like there’s still friction.”
Work
Fisker Ocean owners stuck paying for recall repairs
[[link removed]}&lead=419599&emailid=65437&nl=daily]
AWS today announced that it is transitioning OpenSearch, its open
source fork of the popular Elasticsearch search and analytics engine,
to the Linux Foundation with the launch of the very…
Work
Runway announces an API for its video-generating AI models |
TechCrunch
[[link removed]}&lead=419599&emailid=65437&nl=daily]
AWS today announced that it is transitioning OpenSearch, its open
source fork of the popular Elasticsearch search and analytics engine,
to the Linux Foundation with the launch of the very…
Work
Gogoro CEO resigns as subsidy fraud investigation continues
[[link removed]}&lead=419599&emailid=65437&nl=daily]
AWS today announced that it is transitioning OpenSearch, its open
source fork of the popular Elasticsearch search and analytics engine,
to the Linux Foundation with the launch of the very…
Work
Generative AI startup Typeface acquires two companies, Treat and
Narrato, to bolster its portfolio | TechCrunch
[[link removed]}&lead=419599&emailid=65437&nl=daily]
A decade after the wildly popular game Flappy Bird disappeared, an
organization calling itself the Flappy Bird Foundation announced plans
to “re-hatch the official Flappy Bird® game.” But this
morning,…
Work
AI coding assistant Supermaven raises cash from OpenAI and Perplexity
co-founders | TechCrunch
[[link removed]}&lead=419599&emailid=65437&nl=daily]
AWS today announced that it is transitioning OpenSearch, its open
source fork of the popular Elasticsearch search and analytics engine,
to the Linux Foundation with the launch of the very…
Work
Mark Cuban Asks Elon Musk He Can Directly Question Him About Kamala
Harris' Economic Policies, But Wants This In Exchange
[[link removed]}&lead=419599&emailid=65437&nl=daily]
Elon Musk and Jeff Bezos are bullish on one city that could dethrone
New York and become the new financial capital of the US. Investing in
its booming real estate market has never been more accessible.
Work
The $22.6 Trillion Crisis Neither Harris Nor Trump Mentioned, But It's
The Top Concern For Millions Of Working Americans
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The U.S. national debt is already a staggering $34 trillion, and it's
expected to keep growing. For perspective, in 2000, the debt was $3.4
trillion – yes, it's grown tenfold in just a generation.
Work
BlackRock Warns on Bonds, Saying Fed Rate Bets Are Overdone
[[link removed]}&lead=419599&emailid=65437&nl=daily]
While Li acknowledges recession risks may have increased, she said her
base case is still for the US economy to slow down rather than to
contract. At the same time, policymakers remain wary of
“persistent” inflation in some parts of the economy, she said.
Work
Paraguay Loves Mickey, Its Cartoon Mouse. Disney Doesn't.
[[link removed]}&lead=419599&emailid=65437&nl=daily]
The other is a third-generation family firm with 280 workers that
packages hot sauce, soy beans, multicolored sprinkles, a herb called
horsetail, six varieties of panettone and seven kinds of salt for sale
in Paraguayan supermarkets.
Work
The roadblock to Gen Z's degree-free dreams - Business Insider (No
paywall) [[link removed]}&lead=419599&emailid=65437&nl=daily]
Wakeham's decision was partly inspired by her father's background. He
was born in Mexico, and after moving to the US when he was five, he
taught himself "pretty much everything," she said. Despite not having
a high school diploma or college degree, he started multiple
successful businesses that allowed him to financially support his
family.
Work
The US is considering a sovereign wealth fund. Alaska already has one,
and it's funding a universal basic income. - Business Insider (No
paywall) [[link removed]}&lead=419599&emailid=65437&nl=daily]
At the White House, President Joe Biden's top aides have circulated
plans for a fund to finance national security interests. And former
President Donald Trump recently called for a similar state-owned
investment fund to finance "great national endeavors" during a
campaign stop at the Economic Club of New York.
Work
Consumers have a debt problem: Not enough of the right kind - WSJ (No
paywall) [[link removed]}&lead=419599&emailid=65437&nl=daily]
The Federal Reserve’s next interest-rate decision could be a fateful
one for many consumers and in turn for debates about the health of the
American spender. Consumers have increasingly been turning to one of
the more expensive forms of borrowing—credit cards—in part because
other kinds of credit and sources of cash have been harder to come by.
Cutting rates could unlock other avenues for borrowing and give
consumers a crucial relief valve.
Work
Man Arrested at Trump Golf Course Had a History of Crusading for
Causes
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Mr. Routh has been a serial crusader for causes large and small dating
back to at least 1996, when he campaigned against graffiti in
Greensboro, N.C., where he lived for decades. In July, he urged
President Biden and Vice President Kamala Harris on the social media
platform X to visit the victims of the assassination attempt against
Mr. Trump in Butler, Pa., writing that “Trump will never do anything
for them.”
Work
America's favorite electric truck is the Cybertruck
[[link removed]}&lead=419599&emailid=65437&nl=daily]
Combined registrations for Rivian’s R1S and R1T pickup, its two
consumer models, were down 0.3 percent in July to 2,522. Rivian shut
down its Normal, Ill., factory in April to retool for freshened R1
vehicles. Rivian, including its commercial vans, fell to seventh place
among EV brands in July from fourth place in June, the registration
data showed.
Work
Boeing has to cut a big check to an upstart rival
[[link removed]}&lead=419599&emailid=65437&nl=daily]
Now, Boeing is still trying to keep up with Airbus (AIR), which has
surpassed its American counterpart to become the biggest planemaker in
the world. Plus, thanks to another 737 Max mess, Embraer is reportedly
plotting to take on both Boeing and Airbus in the commercial airliner
market.
Work
Trading stocks right now is like Bruce Willis walking barefoot on
glass in 'Die Hard,' Bank of America says
[[link removed]}&lead=419599&emailid=65437&nl=daily]
According to Goldman Sachs, the best outcome of the 2024 election for
the U.S. economy would be an overwhelming victory for Vice President
Kamala Harris and her Democratic allies. A Republican sweep in
Congress and win for Trump, on the other hand, would diminish economic
output next year, Goldman said.
Work
Exclusive: TeamBridge, founded by former Uber execs, raises $28M to
build HR software for hourly workers
[[link removed]}&lead=419599&emailid=65437&nl=daily]
A decade after the wildly popular game Flappy Bird disappeared, an
organization calling itself the Flappy Bird Foundation announced plans
to “re-hatch the official Flappy Bird® game.” But this
morning,…
Work
'Disaster has arrived' at Stellantis
[[link removed]}&lead=419599&emailid=65437&nl=daily]
This isn’t the first time dealers across America have let Tavares
know how they really feel, with dealers sending a letter earlier this
year outlining issues they needed addressing. That letter was followed
by a meeting with company bosses that led to a summer incentive
campaign to support sales and more freedom to order certain models.
Work
Boeing warns of job losses and makes spending cuts after strike
[[link removed]}&lead=419599&emailid=65437&nl=daily]
The company, which employs more than 170,000 people, the majority of
whom are based in the US, said it was also "considering the difficult
step of temporary furloughs for many employees, managers and
executives in the coming weeks".
Work
macOS 15 Sequoia: The Ars Technica review
[[link removed]}&lead=419599&emailid=65437&nl=daily]
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Privacy Policy and Ars Technica Addendum. Ars may earn compensation on
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California Privacy Rights | Do Not Sell My Personal Information The
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cached or otherwise used, except with the prior written permission of
Condé Nast.Ad Choices
Work
A Top E.U. Commissioner Resigns, Citing 'Questionable Governance'
[[link removed]}&lead=419599&emailid=65437&nl=daily]
She had asked member countries to nominate both men and women for
commission roles. After most countries nominated only men, several
countries, under pressure from Ms. von der Leyen, in recent weeks
switched their nominations to female candidates. Slovenia, embroiled
in a domestic political dispute, has not yet named a commissioner.
Work
Boeing Will Cut Spending as Strike Takes Financial Toll
[[link removed]}&lead=419599&emailid=65437&nl=daily]
The employees represented by the union last went on strike in 2008 for
nearly two months. The contract the union ultimately reached with the
company after that walkout has been extended several times before it
expired at midnight on Thursday. Boeing and the union are scheduled to
restart talks on Tuesday, with the help of federal mediators.
Work
The Star-Making Machine That Created 'Donald Trump'
[[link removed]}&lead=419599&emailid=65437&nl=daily]
That program, “The Apprentice,” would at its essence be a game
show, with a job in this office as the ultimate prize. But that prize,
in a literal sense, stank. Making viewers believe the central conceit
— that Ivy League grads would eagerly connive and humiliate
themselves for a chance to learn at the side of this icon of success
— would test the bounds of reality television magic.
Work
Future of Murdoch Empire Comes Down to a Court in Nevada
[[link removed]}&lead=419599&emailid=65437&nl=daily]
The final decision in the case will have wide-ranging effects in media
and politics, determining whether Fox News and the Murdochs’ other
populist conservative clarions stay on their hard-right course, as
Lachlan Murdoch prefers, or move toward the more centrist
sensibilities of the three siblings, James, Elisabeth and Prudence,
who Mr. Murdoch fears will outvote Lachlan upon his passing.
Work
YouTube CEO Says Google Faces Plenty of Ad Tech Competition
[[link removed]}&lead=419599&emailid=65437&nl=daily]
The lawsuits are part of a greater push by regulators to rein in the
power of technology companies, which control much of public discourse,
commerce, and entertainment online. The Justice Department has also
brought an antitrust suit against Apple, while the Federal Trade
Commission has sued both Amazon and Meta, which owns Instagram and
WhatsApp, over anticompetitive behavior.
Work
How Does Pregnancy Change the Brain? Clues Are Emerging.
[[link removed]}&lead=419599&emailid=65437&nl=daily]
The study participant, Elizabeth Chrastil, is a neuroscientist at the
University of California, Irvine. She became pregnant in 2019, at 38,
after in vitro fertilization. That allowed precise tracking of her
pregnancy from the start.
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