From TradeBriefs <[email protected]>
Subject Michael Jordan's racing team files antitrust lawsuit against Nascar - WSJ - Oct 4, 2024
Date October 4, 2024 1:51 AM
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- The top 25 stories curated by editors and fellow readers!

From the Editor's Desk

The C-Suite Skills That Matter Most

Landing a job as a CEO today is no longer all about industry expertise
and financial savvy. What companies are really seeking are leaders
with strong social skills. That’s what the authors discovered after
analyzing nearly 5,000 job descriptions for C-suite roles. Their
explanation for this trend? Business operations are becoming more
complex and tech-centered; workforce diversity is growing; and firms
face greater public scrutiny than ever before. Those conditions call
for leaders who are adept communicators, relationship builders, and
people-oriented problem solvers. To succeed in the future, the authors
argue, companies will need to focus on those skills when they evaluate
CEO candidates and develop in-house talent.

Continued here [[link removed]}&lead=419599&emailid=73532&nl=daily]

_TradeBriefs: Newsletters for Decision-Makers!_

Work

Michael Jordan's racing team files antitrust lawsuit against Nascar -
WSJ [[link removed]}&lead=419599&emailid=73532&nl=daily]
One of Nascar’s most high-profile teams has filed an antitrust
lawsuit against the organization and its chief executive Jim France,
seeking to upend the way the stock-car series operates amid a dispute
over revenue-sharing.

Work

People without kids are leaving money to surprised heirs - WSJ
[[link removed]}&lead=419599&emailid=73532&nl=daily]
Not having children is becoming more common, both among millennials
and older people. A July Pew Research Center analysis found that 20%
of U.S. adults age 50 and older hadn’t had children.















Work

Wall Street races to bring private credit to the masses - WSJ
[[link removed]}&lead=419599&emailid=73532&nl=daily]
Investment giants including Apollo Global Management, BlackRock,
Capital Group, KKR and State Street are jostling to launch
private-credit exchange-traded funds and other retail products. The
funds would allow anyone to buy into the $1.7 trillion market for
loans made by Wall Street’s nonbanks to corporations and consumers.

Work

SoftBank's Son: Artificial general intelligence to be achieved in a
few years - WSJ [[link removed]}&lead=419599&emailid=73532&nl=daily]
Son said he believed artificial general intelligence, in which
computers have human-level cognitive abilities, would be achieved in
two to three years. He reiterated that he believes “artificial super
intelligence," in which computers have 10,000 times the intelligence
of humans, will be achieved within a decade.














Work

Musk gave tens of millions to Republicans far earlier than previously
known - WSJ [[link removed]}&lead=419599&emailid=73532&nl=daily]
The Tesla CEO quietly gave tens of millions of dollars to groups with
ties to Trump aide Stephen Miller and supporters of Florida Gov. Ron
DeSantis’s presidential bid, according to people familiar with the
matter.

Work

Special counsel says Trump committed private crimes in bid to stay in
power - WSJ [[link removed]}&lead=419599&emailid=73532&nl=daily]
Special Counsel Jack Smith, seeking to kick-start the federal
prosecution of Donald Trump on election-interference charges, laid out
a 165-page road map for allegations that the former president
“resorted to crimes" to remain in power after losing the 2020
election.














Work

These old-school sailing ships transport cargo across the seaand youre
invited - WSJ [[link removed]}&lead=419599&emailid=73532&nl=daily]
It was midnight on the North Sea and I was trying to keep my balance
on the deck of a tall ship that looks like it dropped out of a time
portal from the 18th century. My hands, raw from handling ropes all
day, gripped a railing while my stomach churned with the sea. I prayed
that my seasickness patch would do its job.

Work

A mysterious mansion, a family feud and a locked-away Klimt
masterpiece - WSJ [[link removed]}&lead=419599&emailid=73532&nl=daily]
BRUSSELS—As university professor David Lo Buglio toiled in his
office, poring over building archives, menacing demands to stop work
kept arriving. The architect’s transgression: creating a digital
model of a local mansion.














Work

He's the real tennis champion of the world. Why won't anyone believe
him? - WSJ [[link removed]}&lead=419599&emailid=73532&nl=daily]
That is because the sport is eight centuries old, a lot less lucrative
and so different from modern tennis that John McEnroe reportedly
stinks at it. But the hardest thing about the game might be explaining
it to strangers.

Work

Uber teams with Avride to offer self-driving vehicles for rides and
food deliveries
[[link removed]}&lead=419599&emailid=73532&nl=daily]
Before spinning out as a new business concern, Yandex landed a similar
deal in 2021 for its self-driving robots to make Grubhub deliveries to
college campuses in the US. That year its autonomous vehicles reached
a milestone of 6 million miles logged under "challenging conditions,"
mostly traveled in and around Moscow.














Work

Early Prime Day Apple deals include the USB-C Apple Pencil at a
record-low price
[[link removed]}&lead=419599&emailid=73532&nl=daily]
Although being able to charge the peripheral with a USB-C cable is
handy, this version does lack some of the fancier features of the
Apple Pencil Pro (which you can also snag on discount now for $116)
and second-gen Apple Pencil. While you can attach it to the side of
iPads with magnetic holders for safekeeping and convenience, there's
no support for magnetic charging. Pressure sensitivity isn't available
and you can't use Apple's nifty double-tap feature. However, the
company says the USB-C Apple Pencil does support pixel-perfect
accuracy, low latency and tilt sensitivity.

Work

A timeline of the UK's history with the Chagos Islands
[[link removed]}&lead=419599&emailid=73532&nl=daily]
The UK agrees to hand over the Chagos Islands to Mauritius, ending
years of bitter dispute over Britain's last African colony, although
it will retain control over the military base on Diego Garcia, which
it operates jointly with the US.














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France's 31-year treasure hunt for a buried owl statue finally ends
[[link removed]}&lead=419599&emailid=73532&nl=daily]
The world's longest-running treasure hunt is believed to be The
Secret, by Byron Preiss, published in 1982. It involves a search for
12 boxes of treasure buried at secret locations in the US and Canada,
only three of which have been found.

Work

The final agenda for the Fintech Stage at Disrupt 2024 | TechCrunch
[[link removed]}&lead=419599&emailid=73532&nl=daily]
The agenda for the Fintech Stage at TechCrunch Disrupt 2024 is
officially complete. Gain insights from fintech experts on October
28-30 in San Francisco.














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The final agenda for the Space Stage at Disrupt 2024 | TechCrunch
[[link removed]}&lead=419599&emailid=73532&nl=daily]
Aria Alamalhodaei covers the space and defense industries at
TechCrunch. Previously, she covered the public utilities and the power
grid for California Energy Markets. You can also find her work at
MIT’s Undark Magazine, The Verge, and Discover Magazine. She
received an MA in art history from the Courtauld Institute of Art in
London. Aria is based in Austin, Texas.

Work

AirOps is an all-in-one platform for generating and managing AI-based
marketing content | TechCrunch
[[link removed]}&lead=419599&emailid=73532&nl=daily]
Before he joined TechCrunch in 2012, he founded SiliconFilter and
wrote for ReadWriteWeb (now ReadWrite). Frederic covers enterprise,
cloud, developer tools, Google, Microsoft, gadgets, transportation and
anything else he finds interesting. He owns just over a 50th of a
bitcoin.













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FPV Ventures, Mill, and Bullish will be onstage at Disrupt 2024 |
TechCrunch
[[link removed]}&lead=419599&emailid=73532&nl=daily]
Join these thought leaders at Disrupt 2024 to uncover how to rise
above the hype and make informed, strategic decisions for your
startup. Don’t follow the crowd; learn how to lead it. Get your
tickets here at a discounted rate and be part of the conversation that
will redefine what it means to build and invest in lasting ventures.

Work

Quoroom acquires Investory to scale up its capital-raising platform
for startups | TechCrunch
[[link removed]}&lead=419599&emailid=73532&nl=daily]
These days, private investors have a range of options for investing in
startups without having to deal with them in real life. This ecosystem
more or less

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Voyage AI is building RAG tools to make AI hallucinate less |
TechCrunch
[[link removed]}&lead=419599&emailid=73532&nl=daily]
Kyle Wiggers is a senior reporter at TechCrunch with a special
interest in artificial intelligence. His writing has appeared in
VentureBeat and Digital Trends, as well as a range of gadget blogs
including Android Police, Android Authority, Droid-Life, and
XDA-Developers. He lives in Brooklyn with his partner, a piano
educator, and dabbles in piano himself. occasionally — if mostly
unsuccessfully.

Work

Exclusive: ETH Zurich spinoff Voliro's flying robots save lives, but
don't tell its CEO
[[link removed]}&lead=419599&emailid=73532&nl=daily]
Gutzwiller is now in charge of spearheading Voliro’s growth, and
he’s bullish about its platform approach. For instance, it will soon
support third-party sensors that can detect corrosion under
insulation. In the longer term, it could go further toward repairs,
for instance, by having its robots remove rust or add coating
themselves. But first, the company will work on expanding its client
base across oil and gas, energy, and other industry sectors that could
benefit from needing less human work at height.

Work

All Social Security Retirees Should Do This on Oct. 10
[[link removed]}&lead=419599&emailid=73532&nl=daily]
If you're like most Americans, you're a few years (or more) behind on
your retirement savings. But a handful of little-known "Social
Security secrets" could help ensure a boost in your retirement income.
For example: one easy trick could pay you as much as $22,924 more...
each year! Once you learn how to maximize your Social Security
benefits, we think you could retire confidently with the peace of mind
we're all after. Simply click here to discover how to learn more about
these strategies.

Work

A Storied Luxury Liner May Soon Find New Life on the Florida Seafloor
[[link removed]}&lead=419599&emailid=73532&nl=daily]
On Tuesday, local officials and the SS United States Conservancy
announced that the Okaloosa County Board of County Commissioners in
Florida had approved a contingent contract to acquire the S.S. United
States and submerge it offshore of Destin-Fort Walton Beach on the
Panhandle.

Work

Senators Urge Justice Dept. to Hold Boeing Executives Accountable for
Safety
[[link removed]}&lead=419599&emailid=73532&nl=daily]
In their letter, Ms. Warren and Mr. Blumenthal said that the Justice
Department’s “continued refusal to criminally prosecute
responsible individuals” had allowed Boeing to engage in a culture
“that has promoted short-term profit over passenger safety.”

Work

The massive U.S. port strike is ending just days after it started
[[link removed]}&lead=419599&emailid=73532&nl=daily]
“This strike is about fairness,” Harris said Wednesday. “The
Longshoremen, who play a vital role transporting essential goods
across America, deserve a fair share of these record profits.”

Work

McDonald's is bringing the Chicken Big Mac to America
[[link removed]}&lead=419599&emailid=73532&nl=daily]
The Chicken Big Mac is the latest in a string of promotions from the
burger giant. Recently, McDonald’s extended its $5 meal deal until
December. It also launched a “Collector’s Meal” promotion in
April that merged Happy Meals with popular characters like Barbie and
Shrek.

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Elizabeth Warren says Citi has become 'too big to manage'
[[link removed]}&lead=419599&emailid=73532&nl=daily]
Warren, who has long criticized the actions of large banks, such as JP
Morgan (JPM), Bank of America (BAC), and Wells Fargo (WFC) – says
banks need to have tougher pushback from regulators and federal
agencies.

Work

A mayor promises Ozempic for all and says there 'will be no more fat
people' in his city
[[link removed]}&lead=419599&emailid=73532&nl=daily]
In September, progressive Sen. Bernie Sanders of Vermont, in a a
Senate committee hearing, called on Novo Nordisk to slash the list
price of Ozempic and Wegovy in the United States, where they currently
cost $968 per month.

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Don't expect mortgage rates to fall much further this year
[[link removed]}&lead=419599&emailid=73532&nl=daily]
Americans have also indicated that they would need a much steeper
decline in mortgage rates — with a 30-year fixed rate of 6%, if not
lower — to actually consider a move, according to a Bankrate survey.

Work

Nissan may never recover in America
[[link removed]}&lead=419599&emailid=73532&nl=daily]
Tom McParland is a contributing writer for Jalopnik and runs
AutomatchConsulting.com. He takes the hassle out of buying or leasing
a car. Got a car buying question? Send it to
[email protected]

Work

Wiz CEO Assaf Rappapport is coming to Disrupt 2024 | TechCrunch
[[link removed]}&lead=419599&emailid=73532&nl=daily]
Before TechCrunch, Ingrid worked at paidContent.org, where she was a
staff writer, and has in the past also written freelance regularly for
other publications such as the Financial Times. Ingrid covers mobile,
digital media, advertising and the spaces where these intersect.

Work

Toyota hits pause on making electric cars in America
[[link removed]}&lead=419599&emailid=73532&nl=daily]
Toyota has repeatedly shown a reluctance to embrace electrification,
instead opting to expand its offering of hybrid models like the
Corolla and Prius. That strategy appeared to be paying off for the
automaker earlier this year, when it posted rising sales and profits
as a result of the increased attention on hybrid cars.

Work

Tesla just killed its cheapest car
[[link removed]}&lead=419599&emailid=73532&nl=daily]
However, the demise of the budget-friendly Model 3 just shows the
wide-reaching impact that the tariffs could have on America’s auto
industry, with many businesses sourcing cheaper components from China
to fit into their cars. It’s for this reason that experts recently
warned that the impending tariffs could make buying new cars in the
U.S. harder and more expensive.

Work

Millionaire voters prefer Harris, but plan to leave the US either way
[[link removed]}&lead=419599&emailid=73532&nl=daily]
“For many, political instability is the factor that forces them
overseas, and elections in the United Kingdom, France, and the United
States have led many investors to find out how beneficial an
additional citizenship or residency can be.”

Work

Tesla Cybertruck sales doubled in just a few months
[[link removed]}&lead=419599&emailid=73532&nl=daily]
Despite some of the controversies around the Cybertruck — from
criticisms about its design, to accusations over the actual size of
its bed, to owners suffering wounds because of its sharp edges and
“frunk” — it recently became the best-selling vehicle priced
over $100,000 (and is a favorite among celebrities).

Work

Can a Neon Blue Gummy Worm Cocktail Save the Movies?
[[link removed]}&lead=419599&emailid=73532&nl=daily]
Movie theaters, which have struggled with declining attendance for
decades, are increasingly turning to specialty concessions like the
Sandworm Slayer to lure Americans back through their doors. Across the
country, one can now find themselves within a popcorn kernel’s throw
of a theater serving elote flatbreads, Mike’s Hot Honey milkshakes,
chocolate-hazelnut filled churros, three-meat strombolis and a host of
other items that would make a character in “The Flick” groan.

Work

How Chicken Tenders Conquered America
[[link removed]}&lead=419599&emailid=73532&nl=daily]
Along the way, the chicken tender has become a symbol, although its
meaning is hard to pin down. It can be an icon of simple,
straightforward, unpretentious American taste. It can also be an
expression of dull, unadventurous food engineered for the lowest
common denominator. Restaurants, in their drive to stand out, have
expended great effort devising crunchier breading, zestier dipping
sauces, more tender tenders. And yet all the sauces in the world will
never quite dispel the suspicion that the tender itself is, at heart,
not very exciting.

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Opinion | Why Trump Is Lying About Disaster Relief
[[link removed]}&lead=419599&emailid=73532&nl=daily]
In reality, America has low inflation and low unemployment, and the
average worker’s purchasing power is higher than it was five years
ago. Yes, some Americans are struggling, but that was as true when
Trump was president as it is now.

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StrictlyVC comes to Disrupt 2024 | TechCrunch
[[link removed]}&lead=419599&emailid=73532&nl=daily]
Loizos has been reporting on Silicon Valley since the late ’90s,
when she joined the original Red Herring magazine. Previously the
Silicon Valley Editor of TechCrunch, she was named Editor in Chief and
General Manager of TechCrunch in September 2023. She’s also the
founder of StrictlyVC, a daily e-newsletter and lecture series
acquired by Yahoo in August 2023 and now operated as a sub brand of
TechCrunch.

Work

Bazzite is the next best thing to SteamOS while we wait on Valve
[[link removed]}&lead=419599&emailid=73532&nl=daily]
Ars Technica has been separating the signal from the noise for over 25
years. With our unique combination of technical savvy and wide-ranging
interest in the technological arts and sciences, Ars is the trusted
source in a sea of information. After all, you don’t need to know
everything, only what’s important.

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Microsoft's new "Copilot Vision" AI experiment can see what you browse
[[link removed]}&lead=419599&emailid=73532&nl=daily]
Ars Technica has been separating the signal from the noise for over 25
years. With our unique combination of technical savvy and wide-ranging
interest in the technological arts and sciences, Ars is the trusted
source in a sea of information. After all, you don’t need to know
everything, only what’s important.

Work

EVgo gets $1B loan for DC chargers
[[link removed]}&lead=419599&emailid=73532&nl=daily]
Ars Technica has been separating the signal from the noise for over 25
years. With our unique combination of technical savvy and wide-ranging
interest in the technological arts and sciences, Ars is the trusted
source in a sea of information. After all, you don’t need to know
everything, only what’s important.

Work

NASA is working on a plan to replace its space station, but time is
running out
[[link removed]}&lead=419599&emailid=73532&nl=daily]
Ars Technica has been separating the signal from the noise for over 25
years. With our unique combination of technical savvy and wide-ranging
interest in the technological arts and sciences, Ars is the trusted
source in a sea of information. After all, you don’t need to know
everything, only what’s important.

Work

OpenAI rolls out Canvas, its newest ChatGPT interface
[[link removed]}&lead=419599&emailid=73532&nl=daily]
OpenAI’s Canvas feature brings ChatGPT in line with other AI
assistants that have separate workspaces to focus on certain areas of
a project like Anthropic's Artifacts and the coding focused AI model
Cursor.

Work

Tesla's fifth Cybertruck recall is due to a rear-view camera glitch
[[link removed]}&lead=419599&emailid=73532&nl=daily]
Even virtual versions of the Cybertruck had to undergo repairs shortly
after its release. The Cybertruck made an appearance in Fortnite as
part of the game’s Summer Road Trip promotion but several players
reported a weird glitch when they tried to morph a vehicle into
Tesla’s signature truck. Epic Games pushed out a fix for the bug
sometime later.

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Samsung's FAST TV Plus service is going all in on K-dramas
[[link removed]}&lead=419599&emailid=73532&nl=daily]
“K-Content is no longer niche – it’s one of the fastest growing
and most watched categories globally, and Samsung TV Plus is uniquely
positioned to deliver an unparalleled experience in this space with an
endless offering of premium K-Content,” Salek Brodsky, Senior VP and
General Manager of Samsung TV Plus, wrote in a press release.

Work

Find a new life in death in The Sims 4's Halloween-themed expansion
[[link removed]}&lead=419599&emailid=73532&nl=daily]
The Life & Death expansion pack is available for pre-order for PC,
Mac, PlayStation 4 and 5 and Xbox One and Series X|S. If you
pre-order, you’ll receive some creepy collectibles including the
Lasting Legacy Family Portrait, the Mournful Melodies Music Box and
the Plumed Elegance Mask.

Work

Google will expand Gemini Live to over 40 languages in the coming
weeks
[[link removed]}&lead=419599&emailid=73532&nl=daily]
You’ll need an Android phone to use it. Google hasn’t yet
announced any plans to bring Gemini Live to iPhone. At least for now,
the company seemingly prefers to use it to attract folks to its own
mobile platform.

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The best early Prime Day deals we could find ahead of Amazon's October
Big Deal Days event
[[link removed]}&lead=419599&emailid=73532&nl=daily]
Samsung T7 Shield (4TB) for $280 ($220 off): If you're looking for a
high-capacity portable SSD that can take a beating, this deal is the
best price we've seen on the 4TB T7 Shield since June.

Work

LG C4 OLED smart TVs hit record-low prices ahead of Prime Day
[[link removed]}&lead=419599&emailid=73532&nl=daily]
The 65-inch model is also on sale for $1,697, which is a discount of
over $1,000. For the big spenders, the massive 83-inch version is
available for $4,297. This is 20 percent off the typical price.

Work

Amazon's Smart Thermostat drops to $56 in this early Prime Day deal
[[link removed]}&lead=419599&emailid=73532&nl=daily]
It does lack a couple of the features found with some of its more
expensive rivals, like the Google Nest thermostat. There are no
touchscreen controls and no motion sensor. The voice and app controls,
however, more than make up these omissions.

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