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- The top 25 stories curated by editors and fellow readers!
From the Editor's Desk
Encyclopaedia Britannicas Transformation
SCOTT BERINATO: Welcome to the HBR IdeaCast. I’m Scott Berinato.
I’m joined today by Jorge Cauz, president of the Encyclopaedia
Britannica Company. It was one year ago that Jorge and his executive
staff made the momentous decision to cease publishing the printed set
of the Encyclopaedia Britannica, a 244-year-old product.
Continued here
[[link removed]}&lead=419599&emailid=83145&nl=daily]
_TradeBriefs: Newsletters for Decision-Makers!_
Work
The CEO-obsessed succession pro leading Disneys search for Igers
replacement - WSJ [[link removed]}&lead=419599&emailid=83145&nl=daily]
The former Morgan Stanley chief executive is set to become chairman of
Disney’s board in January, charged with executing a smooth and
lasting transition to a new leadership regime, while righting past
wrongs of a board that critics view as too deferential to Bob Iger.
India
US elections: Kamala Harris launches scathing attack against
'unhinged' Trump over alleged Hitler remark - Times of India
[[link removed]}&lead=419599&emailid=83145&nl=daily]
At TOI World Desk, our dedicated team of seasoned journalists and
passionate writers tirelessly sifts through the vast tapestry of
global events to bring you the latest news and diverse perspectives
round the clock. With an unwavering commitment to accuracy, depth, and
timeliness, we strive to keep you informed about the ever-evolving
world, delivering a nuanced understanding of international affairs to
our readers. Join us on a journey across continents as we unravel the
stories that shape our interconnected world.Read More
India
Allahabad HC bins plea to recall order to club Mathura Idgah cases -
Times of India
[[link removed]}&lead=419599&emailid=83145&nl=daily]
The Allahabad high court upheld its order consolidating all suits
related to the Shri Krishna Janmabhoomi-Shahi Idgah dispute, rejecting
the mosque's
India
Bill Gates and Jamie Dimon indicate support for Kamala against
rampaging Trump - Times of India
[[link removed]}&lead=419599&emailid=83145&nl=daily]
US News: Influential billionaires, including Bill Gates and JP Morgan
Chase CEO Jamie Dimon, have backed Kamala Harris in the US
Presidential campaign, citing
India
Baba Siddique killing: 4 more held in Pune, 1 in Haryana | India News
- Times of India
[[link removed]}&lead=419599&emailid=83145&nl=daily]
India News: MUMBAI/PUNE: The Mumbai crime branch has arrested a
29-year-old man from Kaithal in Haryana and three youths from Pune in
connection with the ongoing .
India
Turkey launches airstrikes in Iraq and Syria following 'terror attack'
on aerospace firm - Times of India
[[link removed]}&lead=419599&emailid=83145&nl=daily]
At TOI World Desk, our dedicated team of seasoned journalists and
passionate writers tirelessly sifts through the vast tapestry of
global events to bring you the latest news and diverse perspectives
round the clock. With an unwavering commitment to accuracy, depth, and
timeliness, we strive to keep you informed about the ever-evolving
world, delivering a nuanced understanding of international affairs to
our readers. Join us on a journey across continents as we unravel the
stories that shape our interconnected world.Read More
India
Many questions still remain about LAC patrolling pact: Congress |
India News - Times of India
[[link removed]}&lead=419599&emailid=83145&nl=daily]
India News: Ahead of PM Narendra Modi and President Xi Jinping's talks
at the BRICS summit, Congress raises concerns over the recent
announcement of an agreement
India
Bengaluru building crash toll hits 8; contractor, owner held | India
News - Times of India
[[link removed]}&lead=419599&emailid=83145&nl=daily]
India News: In East Bengaluru, the death toll from the Hennur building
collapse reached eight, with several laborers still missing. Rescue
teams have saved 14 ind
India
We'll be satisfied only if guilty held accountable: US envoy on Pannun
case | India News - Times of India
[[link removed]}&lead=419599&emailid=83145&nl=daily]
India News: US ambassador Eric Garcetti emphasizes the need for
accountability in the case involving former Indian official Vikash
Yadav, linked to a murder-for-h
India
JioHotstar domain bought by an app developer who wants Reliance to
fund his higher studies, read his 'letter' to the company - Times of
India
[[link removed]}&lead=419599&emailid=83145&nl=daily]
TECH NEWS : A Delhi-based app developer anticipated the merger between
Reliance JioCinema and Disney+ Hotstar, purchasing the domain
JioHotstar. He aims to use th
India
PM Modi and Xi put seal on LAC pact, pledge to rebuild ties | India
News - Times of India
[[link removed]}&lead=419599&emailid=83145&nl=daily]
India News: India and China reached a significant agreement this week
to end their prolonged military standoff. PM Modi and President Xi
endorsed the deal in a me
Work
The quarter-trillion dollar rush to get money out of China - WSJ
[[link removed]}&lead=419599&emailid=83145&nl=daily]
Chinese residents have been illicitly moving billions of dollars out
of the country under authorities’ noses as a cratering property
market and economic uncertainties push people to find safer places to
park their wealth overseas.
Work
This little known private-equity firm booked a 79-fold return - WSJ
[[link removed]}&lead=419599&emailid=83145&nl=daily]
The private-equity firm recently sold the shares it received as part
of the August sale of its majority stake in oil-and-gas producer
CrownRock, notching what is perhaps one of the buyout industry’s
biggest scores.
Work
Israels once-fringe movement to reoccupy Gaza gains momentum - WSJ
[[link removed]}&lead=419599&emailid=83145&nl=daily]
BE’ERI, Israel—Military success in the Gaza Strip is lending
momentum to a once-fringe idea in Israel: reoccupying the Palestinian
enclave and repopulating it with Jewish settlers.
Work
Bring in pay-per-mile road pricing across UK, urges Tony Blair's
thinktank
[[link removed]}&lead=419599&emailid=83145&nl=daily]
Rachel Reeves is widely expected to confirm the end of a temporary 5p
cut in fuel duty, and possibly announce an inflationary rise in the
tax paid on petrol and diesel at the pumps, in her budget next
Wednesday.
Work
Former CEO is finally facing the music for alleged sex trafficking and
prostitution ring during his time at Abercrombie
[[link removed]}&lead=419599&emailid=83145&nl=daily]
Millennials: You’ll remember walking into Abercrombie & Fitch in the
late ‘90s and early 2000s. Loud, thumping music, perfume so strong
you could barely think straight, and posters of half-naked men were
all part of the experience—and a desire to feel “cool.”
Work
Portugals Immigration Overhaul Hits South Asian Workers Hard
[[link removed]}&lead=419599&emailid=83145&nl=daily]
The possibility of a life-changing “raspberry passport” through
agricultural work is fading for many South Asian workers, forcing
already vulnerable people into even more precarious and often
exploitative situations.
Work
Pakistan mulls artificial rain after Lahore declared world's most
polluted city
[[link removed]}&lead=419599&emailid=83145&nl=daily]
Pakistan's eastern city of Lahore held the first rank on a real-time
list of the world's most polluted cities, with a US air quality index
(AQI) of 193, according to Swiss group IQAir, which categorised the
air quality as "hazardous".
Work
How much fun can you take at your work conference? - WSJ
[[link removed]}&lead=419599&emailid=83145&nl=daily]
PHOENIX—The conference at the 950-room JW Marriott Desert Ridge
Resort in early October had everything hotel industry folks could
want: Panels with the CEOs of Marriott, Motel 6 and Wyndham. Outlooks
on the economy, room rates and travel trends.
Work
At An Arizona Town Hall, Mark Cuban Assures That Harris Won't Tax
Unrealized Gains. If He's Wrong, He'll Work Against Her In The Future
[[link removed]}&lead=419599&emailid=83145&nl=daily]
The global games market is projected to generate $272B by the end of
the year — for $0.55/share, this VC-backed startup with a 7M+
userbase gives investors easy access to this asset market.
Work
American Airlines just got fined $50 million for mistreating
passengers with wheelchairs
[[link removed]}&lead=419599&emailid=83145&nl=daily]
Under the penalty, American will have to pay a $25 million fine to the
Treasury, as well as a $25 million credit toward investments in
equipment to curb incidents of wheelchair damage, investments in a
systemwide wheelchair tagging system to reduce wheelchair delay, the
deployment of a hub control center to coordinate wheelchair handling,
and compensation for affected passengers during the investigation
period.
Work
Boeing at "crossroads" as strike hits and losses rise
[[link removed]}&lead=419599&emailid=83145&nl=daily]
The company announced plans earlier this month to cut roughly 10% of
its workforce. Thousands of other staff are already on a rolling
furlough due to the strike, which has also hit suppliers.
Work
American Airlines Passengers Who Skip Ahead Will Trigger 'Audible
Signal'
[[link removed]}&lead=419599&emailid=83145&nl=daily]
“The new technology is designed to ensure customers receive the
benefits of priority boarding with ease, and helps improve the
boarding experience by providing greater visibility into boarding
progress for our team,” American Airlines said in a statement.
Work
Tesla's Third Quarter Earnings Report Robust Profit Increase
[[link removed]}&lead=419599&emailid=83145&nl=daily]
Tesla, which is led by Elon Musk, accounts for almost half the
electric cars sold in the United States and is a bellwether for
electric car demand. Battery-powered vehicles, which have no tailpipe
emissions, are considered critical to fighting climate change.
Work
Why Some Outspoken C.E.O.s Are Backing Harris -- Silently
[[link removed]}&lead=419599&emailid=83145&nl=daily]
And Buffett has told Berkshire shareholders in recent years that
he’s worried about the rise of political “tribalism” in the
United States and how that “just doesn’t work as well.”
Work
DOJ warns Elon Musk pro-Trump PAC that $1 million voter contest may be
illegal
[[link removed]}&lead=419599&emailid=83145&nl=daily]
Musk is the world's richest man and one of the biggest backers of
Trump's White House bid. America PAC has spent more than $100 million
on the presidential election, with the vast majority of that money
coming from Musk himself.
Work
China May Chafe as North Korea Sends Soldiers to Fight Ukraine
[[link removed]}&lead=419599&emailid=83145&nl=daily]
North Korea’s provocative behavior has already contributed to a
trilateral security alliance between the United States, Japan and
South Korea signed at Camp David last year. The pact, which China has
likened to an Asian NATO, has added to Beijing’s feeling that it is
being constrained and encircled by the United States and its allies.
Work
Israel Accuses 6 Al Jazeera Journalists of Fighting With Hamas, PIJ
[[link removed]}&lead=419599&emailid=83145&nl=daily]
In its statement, Al Jazeera called the accusations “a blatant
attempt to silence the few remaining journalists in the region,
thereby obscuring the harsh realities of the war from audiences
worldwide.”
Work
Andreessen Horowitz is renting a bunch of Nvidia GPUs to its portfolio
companies | TechCrunch
[[link removed]}&lead=419599&emailid=83145&nl=daily]
a16z views Oxygen as a core value proposition to its startups moving
forward, as long as the AI boom continues as projected. That’s
likely why the startup made the massive investment required to secure
these chips.
Work
Watch CFPB Director Rohit Chopra speak at DC Fintech Week
[[link removed]}&lead=419599&emailid=83145&nl=daily]
The CFPB's new rule garnered mixed reviews from trade groups. The
American Bankers Association raised concerns around data security,
while the Financial Technology Association â whose members include
Plaid and PayPal â said the regulation "will increase competition,
improve consumers' choices, and drive momentum for future innovations
that benefit customers."
Work
Putin calls for alternative international payment system at Brics
summit
[[link removed]}&lead=419599&emailid=83145&nl=daily]
Agathe Demarais, a sanctions specialist at the European Council of
Foreign Relations, said: “At this stage it is hard to imagine a
widespread development and adoption of Brics financial tools globally.
The US dollar’s domination of the global currency landscape is
entrenched, both for trade transactions and foreign exchange reserves;
more than 80% of global trade transactions are invoiced in US dollars,
which also accounts for nearly 60% of central banks reserves.
Work
Terror attack blamed as five killed and 22 wounded at Turkish
aerospace firm
[[link removed]}&lead=419599&emailid=83145&nl=daily]
The Nato secretary general, Mark Rutte, said the military alliance
would stand with Turkey. He posted on X: “Deeply concerning reports
of dead and wounded in Ankara. #NATO stands with our Ally #Turkey. We
strongly condemn terrorism in all its forms and are monitoring
developments closely.”
Work
Beleaguered startup Humane drops Ai Pin price by $200 | TechCrunch
[[link removed]}&lead=419599&emailid=83145&nl=daily]
In a message sent to its email list, Humane highlights its return
policy in the new pitch. “Ai Pin starts at $499 and includes your
first month of Humane Plan on us,” the company writes. “Along with
a 90-day return window, it’s completely risk-free to try.”
Work
Exclusive: Flock Safety paid over $300 million for 17-month-old drone
startup Aerodome
[[link removed]}&lead=419599&emailid=83145&nl=daily]
Garrett Langley, founder and CEO of Flock Safety, said the expansion
into drones is a no-brainer. “Anyone who’s seen a
drone-as-first-responder program in action knows that this technology
will play a central role in the future of public safety,” he said in
a company blog post. “No other technology helps law enforcement
officers get eyes on the scene faster than a drone.”
Work
DuckDuckGo will be making more early-stage investments in
privacy-focused startups | TechCrunch
[[link removed]}&lead=419599&emailid=83145&nl=daily]
“This is the first time we’ve talked about our investments and the
overall strategy around it directly,” the spokesperson continued.
“We wanted to make this announcement to formalize this work that has
been happening behind the scenes for a while, and signal to startups,
potential partners, and the larger tech community that our door is
open to anyone who wants to work with us on a more private
Internet.”
Work
Disrupt 2024 full Side Events schedule | TechCrunch
[[link removed]}&lead=419599&emailid=83145&nl=daily]
Description: Explore the intersection of technology, art, and
innovation with industry leaders. Meet our panel of experts in design
thinking, food engineering, space tech, sustainable materials, museum
tech, AI, and more.
Work
Disrupt 2024 full Breakout Session agenda | TechCrunch
[[link removed]}&lead=419599&emailid=83145&nl=daily]
The only way to join these first come, first served Breakout Sessions
is by registering for Disrupt 2024. Any pass grants you full access to
these sessions. Register today and save up to $400 before prices rise
at the door or get the Expo+ 2-for-1 Pass. Lock in your discounted
ticket here.
Work
Promise Bio exits stealth backed by Pfizer and AstraZeneca |
TechCrunch
[[link removed]}&lead=419599&emailid=83145&nl=daily]
“It’s really crazy that we are doing the same process as we were
managing these diseases 15 years ago,” Veksler said. “The number
of therapeutic options is only increasing. It’s not sustainable. We
can not continue on this trial and error from pharma companies.”
Work
Wiz hopes to hit $1B in ARR in 2025 before an IPO, after turning down
Google's $23B | TechCrunch
[[link removed]}&lead=419599&emailid=83145&nl=daily]
Should Wiz achieve the $1 billion ARR number before attempting an IPO
— and if its underlying financials are strong and indicate more
potential growth — it could indeed have a record-breaking public
debut. Back in 2020 Snowflake broke records for its IPO as the biggest
software IPO ever, when shares closed the day at a $70 billion market
cap. This was on fast-growing revenues of $265 million and a net loss
of $348 million. Snowflake investors haven’t maintained that
exuberance, but the company is still trading at around a $39 billion
market cap.
Work
Disrupt 2024 full Roundtable Session agenda | TechCrunch
[[link removed]}&lead=419599&emailid=83145&nl=daily]
The only way to participate in these exclusive Roundtable Sessions is
by registering for Disrupt 2024. Any pass, except the Expo+ Pass,
grants you full access to these sessions. Register today and save up
to $400 before prices rise at the door. Lock in your discounted ticket
here.
Work
5 days to go: Disrupt 2024 kicks off & ticket prices go up |
TechCrunch
[[link removed]}&lead=419599&emailid=83145&nl=daily]
Don’t miss your chance to save up to $400 on tickets. Or take
advantage of our Expo+ 2-for-1 offer — bring a guest for just half
the price of a single Expo+ Pass until October 27. Ticket prices will
increase when the doors open on October 28. Grab your ticket at a low
rate.
Work
Fixify blends automation and human analysts to tackle IT problems |
TechCrunch
[[link removed]}&lead=419599&emailid=83145&nl=daily]
Arlington, Virginia-based Fixify, which launched in 2023, has raised
$32 million to date. The firm’s near-term focus is growing its
41-person workforce and customer base, which currently stands at 15
companies.
Work
Surge in Treasury 'Term Premium' Warns of Rising Bond Risks
[[link removed]}&lead=419599&emailid=83145&nl=daily]
(Bloomberg) -- The US Treasury market, already mired in one of its
worst losing stretches of the year, is flashing a fresh warning sign
of mounting risks as yields surge.Most Read from BloombergClimate
Change Is Killing Buildings in Slow MotionOman Sees an Urban Future
Distinct From Dubai and Abu DhabiTransportation Policy Gets Left
Behind in Presidential RaceHow Kyiv Became a Leader in Digital
Services Amid Wartime StrainDhaka's Revolutionary Makeover Pits
Visions of Peace Against VengeanceThe
Work
How the Biden administration botched Americas sanctions against Iran -
The Economist [[link removed]}&lead=419599&emailid=83145&nl=daily]
A fortnight ago Iran aimed more than 180 ballistic missiles at Israel.
Now Israel will respond, and the world is holding its breath. What it
does next, and how Iran reacts, will determine whether the Middle East
is engulfed by all-out conflict. For America the question is how to
encourage restraint from Israel, limit escalation, curb Iran’s
baleful influence and deter it from choosing to build a nuclear
weapon. Unfortunately, as our investigation this week shows, the Biden
administration has undermined one of America’s main tools.
Work
Lawsuit blames Character.AI in death of 14-year-old boy | TechCrunch
[[link removed]}&lead=419599&emailid=83145&nl=daily]
According to The New York Times, Sewell Setzer III, a ninth grader
from Orlando, spent months talking to chatbots on Character.AI’s AI
role-playing app. Setzer developed an emotional attachment to one bot
in particular, “Dany,” which he texted constantly — to the point
where he began to pull away from the real world.
Work
Man Charged in Attempted Trump Assassination Seeks Judge's Recusal
[[link removed]}&lead=419599&emailid=83145&nl=daily]
“In the mind of the public, that Mr. Trump appointed your honor may
add to the appearance of partiality given that he has publicly praised
your honor for rulings in his earlier case,” the lawyers told Judge
Cannon. “And were Mr. Trump to become president again, he would have
authority to elevate your honor to a federal appellate court
(including the U.S. Supreme Court) or to high-ranking positions in the
executive branch.”
Work
In a Tight Presidential Race, Omaha Is Basking in Its Political
Relevance
[[link removed]}&lead=419599&emailid=83145&nl=daily]
“There are too many people across the United States who feel like
their vote, their voice doesn’t matter,” said Ruth Huebner-Brown,
who along with her husband was spray-painting blue dots on white yard
signs in their driveway on Saturday and ferrying stacks of them to
arriving cars. “And honestly, there’s some truth to that if you
live in a completely red or completely blue state.”
Work
American Airlines is cracking down on flyers who cut the boarding line
[[link removed]}&lead=419599&emailid=83145&nl=daily]
“We are in the early phase of testing new technology used during the
boarding process, designed to make sure customers receive priority
boarding with ease and helps the boarding experience by providing
greater visibility,” an American Airlines (AAL-0.89%) spokesperson
told Quartz.
Work
McDonald's stock gets a downgrade because the E. coli outbreak is a
'significant' threat
[[link removed]}&lead=419599&emailid=83145&nl=daily]
In a recent video posted to YouTube (GOOGL-1.44%), McDonald’s U.S.
president Joe Erlinger stated that “most menu items are not
affected” by the outbreak, highlighting that popular options like
the Cheeseburger, Big Mac, and McDouble as safe to eat. The company is
working with health officials and has temporarily halted the use of
fresh slivered onions and quarter pound beef patties used in the
Quarter Pounders during the investigation.
Work
A self-driving car firm backed by Nvidia and Uber is now on America's
roads
[[link removed]}&lead=419599&emailid=83145&nl=daily]
Uber is working with both Waymo, Wayve, and General Motors’ Cruise,
which halted its operations in San Fransisco last year following a
safety incident. The company has since returned to the Bay Area with a
driver behind the wheel.
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