From TradeBriefs <[email protected]>
Subject Jun 7, 2024 - Biden Uses D-Day Anniversary to Swat at Trump on Veterans Issues
Date June 7, 2024 5:11 AM
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-------------------------

From the Editor's Desk

Unlock the Power of Purpose

The spring 2024 issue’s special report looks at how to take
advantage of market opportunities in the digital space, and provides
advice on building culture and friendships at work; maximizing the
benefits of LLMs, corporate venture capital initiatives, and
innovation contests; and scaling automation and digital health
platform.

The spring 2024 issue’s special report looks at how to take
advantage of market opportunities in the digital space, and provides
advice on building culture and friendships at work; maximizing the
benefits of LLMs, corporate venture capital initiatives, and
innovation contests; and scaling automation and digital health
platform.

Continued here
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Work

Biden Uses D-Day Anniversary to Swat at Trump on Veterans Issues
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The presidents campaign released a digital ad featuring three veterans
criticizing Donald Trump as a draft dodger, unfit to be commander in
chief.

Work

Group of 17 London secondary schools join up to go smartphone-free
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Measures will impact more than 13,000 pupils in Southwark, and include
confiscating phones used at school






















 










Work

The gap between CEO pay and worker pay is widening again | Business
Insider India
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CEOs in the S&P 500 earned almost 200 times the amount their average
worker did in 2023.

Work

US FDA rescinds market denial order for Juul products
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Wall Street has returned to T+1 trading for the first time in a
century. How much longer until T+0?
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SEC Chair Gary Gensler says a quicker settlement cycle benefits
investors and reduces risk. Why not make it faster?

Work

Humane, the startup behind the AI Pin, in talks with HP, telecoms to
sell
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Humane, the AI hardware startup behind the AI Pin, is seeking a buyer
and is in talks with HP, Tidal and others, according to a source.















Work

Nvidia and Salesforce double down on AI startup Cohere in $450 million
round, source says
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Work

Forty Years Later, Biden Seeks to Echo Reagan's Legacy of American
Leadership
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At Pointe du Hoc in Normandy, President Biden plans to follow one of
the former presidents most iconic speeches with his own testimonial to
democracy and the need to resist isolationism.







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Work

American Airlines flight attendants rejected a 17% raise and a strike
is getting closer
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The workers haven't gotten a raise since their contract expired in
2019

Work

American Airlines is facing pressure from the NAACP over
discrimination incidents
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"There is a dire need for continued accountability," the organization
said






















 









Work

European Central Bank Cuts Interest Rates for the First Time Since
2019
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The quarter-point reduction comes as inflation in the eurozone cools,
prompting the E.C.B. to move before the Federal Reserve in the United
States, where rates remain high.

Work

Atlassian now gives startups a year of free access | TechCrunch
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Long before product-led growth became a buzzword, Atlassian offered
free tiers for virtually all of its productivity and developer tools.
Today, that














 









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Brutal heatwave cooks US south-west, an early sign of sizzling summer
ahead
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Millions of Americans are sweltering as experts warn early heat could
herald next record-smashing summer

Work

Carta's valuation will be cut by billions in an upcoming secondary
sale | TechCrunch
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Carta, a once-high-flying Silicon Valley startup that loudly backed
away from one of its businesses earlier this year, is working on a
secondary sale that Carta, a once-high-flying Silicon Valley startup
that loudly backed away from one of its businesses earlier this year,
is working on a secondary sale that would value the company at $2
billion.






















 









Work

HSBC believes that $22 billion Byju's is now worth zero | TechCrunch
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In a research note, HSBC estimates that the Indian edtech giant
Byju's, once valued at $22 billion, is now worth nothing. HSBC
estimates that the Indian edtech giant Byju's, once valued at $22
billion, is now worth nothing.

Work

Revel to lay off 1,000 staff ride-hail drivers, saying they'd rather
be contractors anyway | TechCrunch
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New York-based Revel has made a lot of pivots since initially
launching in 2018 as a dockless e-moped sharing service. The
BlackRock-backed startup






















 









Work

Kleiner Perkins leads $14.4M seed round into Fizz, a credit-building
debit card aimed at Gen Z college students | TechCrunch
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Founded by Harvard and Cornell dropouts, Fizz is a YC alum that also
offers a suite of financial literacy content and budgeting software.

Work

Prolific Machines, with a $55M Series B, shines 'light' on a better
way to grow lab proteins for food and medicine | TechCrunch
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Prolific Machines believes it has a way of transitioning away from
molecules to something that is cheaper and easier to use: light.

Work

Qargo raises $14M to digitize and decarbonize the trucking industry |
TechCrunch
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While the transport industry does use legacy software, many such
platforms are from an earlier era.Qargo hopes newer tech can help it
leapfrog its rivals.

Work

A Death Row Prisoner Tells of Living Through a Botched Execution
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At 73, Thomas Creech is one of the few people to have survived a
failed attempt at executing the death penalty. Now he waits to see if
the state will try again.

Work

Penn Bans Protest Encampments From Its Campus for the First Time
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The new rules, which would also significantly rein in demonstrations
at the university in other ways, come on the heels of a nationwide
wave of student activism against Israels actions in Gaza.

Work

Judge Dismisses Attempted Murder Charge Over Attack at Pelosi Home
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Defense lawyers used a double jeopardy argument, saying their client
had been convicted in federal court for acts that are now the subject
of a state trial. Other charges remain.

Work

Biden Shut the Border to Asylum Seekers. The Question Is Whether the
Order Can Be Enforced.
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There are still ways for people to cross the U.S.-Mexico border
illegally, particularly without any new resources to help guard the
2,000-mile frontier.

Work

Jill Biden, a Fierce Protector of Hunter Biden, Leaves France for
Wilmington
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The first ladys departure from a high-profile foreign trip was a
dramatic illustration of the Biden familys personal priorities. She is
expected to return to France on Saturday.

Work

N.A.A.C.P. Calls on Biden to Halt Arms Deliveries to Israel
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The announcement adds to the pressure the president is facing on the
issue from leaders in the Black community, a group that is key to his
re-election.

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Kennedy's Campaign Is Accused of Lying About His New York Residency
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A group aligned with President Biden has challenged his ballot
petition with New York State officials, arguing he should not be on
the fall ballot.

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State Supreme Court Allows U.C. Berkeley to Build at People's Park
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Californias highest court rejected arguments that a proposed student
housing project would violate laws on noise pollution.

Work

One trial down. But will there be others?
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We catch up on the state of Trumps three other criminal cases.

Work

Johnson Names Trump Allies to Intelligence Panel, Prompting Concerns
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Both Representatives Scott Perry of Pennsylvania and Ronny Jackson of
Texas are close allies of the former president who have faced legal
and ethical issues.

Work

Share Your Experiences With Eviction Laws in Illinois
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The New York Times would like to hear from tenants and landlords in
Illinois who were penalized under crime-free housing ordinances.

Work

Judge Orders Bannon to Surrender for Prison Term by July 1
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The outspoken Trump ally was convicted two years ago of contempt of
Congress for refusing to comply with a subpoena from the House Jan. 6
committee. He faces a four-month sentence.

Work

Progressives Urge Biden to Push Harder on 'Greedflation'
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Greedflation is a moniker about corporate price increases that has
bolstered some Democratic senators, and now the president is being
encouraged to lean in on the issue for his economic messaging.

Work

Is This the End for Mandatory D.E.I. Statements?
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Harvard and M.I.T. no longer require applicants for teaching jobs to
explain how they would serve underrepresented groups. Other schools
may follow.

Work

Witness in Hunter Biden Trial Gives Intimate Portrait of His Drug Use
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In text exchanges between Mr. Biden and a former girlfriend, Hallie
Biden, the widow of his brother, Beau, she urged him to seek treatment
as he trawled the streets for drugs.

Work

Tim Scott Makes New Push to Woo Black and Hispanic Republicans
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The $14 million effort by Mr. Scotts super PAC comes as the South
Carolina senator is said to be high on Donald Trumps list of potential
running mates.

Work

U.C. Berkeley's Leader, a Free Speech Champion, Has Advice for Today's
Students: Tone It Down
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Just because you have the right to say something doesnt mean its right
to say, said Carol Christ, who is retiring as chancellor at the end of
this month.

Work

Big AI is finally in the antitrust hot seat. Here's what that means
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Microsoft, Nvidia, and OpenAI are reportedly being investigated by the
DOJ and FTC over alleged monopolistic behavior in the AI space

Work

Costco says it's building an ad network to keep prices low
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The warehouse retailer wants to cash in on the shopping data it
collects from more than 70 million households

Work

A major airline group will make it easier for passengers to move
between carriers
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Oneworld aims to simplify the check-in process for multi-leg trips

Work

GameStop stock surges 40% because 'Roaring Kitty' is going live on
YouTube tomorrow
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The last time meme stock booster Keith Gill hosted a livestream on
YouTube in 2020, it led to an insane GameStop rally

Work

The Juul e-cigarette ban was rolled back by the FDA after two years
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The decision paves the way for Juul to receive full federal clearance

Work

5 places to score donut deals on National Donut Day
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Dunkin' Donuts and Krispy Kreme are celebrating with special offers

Work

Elon Musk's xAI to build its "gigafactory of compute" in Memphis
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According to Ted Townsend of the Greater Memphis Chamber, the factory
could be the largest multi-billion dollar investment in the city of
Memphiss history"

Work

Rivian overhauled its R1 EVs. Here's what changed
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More than 600 parts have been changed and over half of the hardware
components have been updated

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Stablecoin bill may pass before the election, JPMorgan says
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The banking giant shared its crypto-regulation predictions in a recent
report

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Canada wants Netflix, Spotify and other streamers to pay it a cut of
revenues
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A new rule could generate $200 million for the Canadian broadcast
system

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Microsoft's weird Inflection AI deal is now in the antitrust spotlight
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The FTC is worried Microsoft poached the OpenAI rival to avoid a
government antitrust review

Work

Diesel gas prices hit their lowest level since before the
Russia-Ukraine war
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Crude oil prices were little changed in Thursday trading

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The 7 brands scammers impersonate the most
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Email fraudsters use well-known brands to gain people's trust

Work

Former Trump aide Steve Bannon ordered to jail by July 1 to serve
contempt of Congress sentence
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Steve Bannon, a former top aide to ex-President Donald Trump, was
convicted of contempt of Congress in connection with the Jan. 6
Capitol riot probe.

Work

Elon Musk's $46 billion payday is 'not about the money,' Tesla chair
says
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Even without the compensation deal, Musk is one of the richest men
alive

Work

A Tesla Cybertruck buyer can't fit it in his garage -- and can't
return it without facing a $50,000 fine
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The man's living situation changed after purchasing the Cybertruck,
and the garage in his new apartment complex wasn't big enough for the
vehicle

Work

Costco bails on books because stocking them is too much work
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The retailer said it will only sell them between September and
December

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A weight loss drug maker's stock is rising on leaked clinical data
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Zealand Pharma and Boehringer Ingelheim said they'll present results
of a phase 2 trial of the experimental weight loss drug survodutide

Work

Apple's slow AI strategy just helped it avoid a major antitrust probe
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The DOJ and FTC are investigating Microsoft, Nvidia, and OpenAI for
alleged anti-competitive practices in the AI industry

Work

Biden's rollback of strict EV rules will be worse for pollution than
expected
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A key requirement could now be met by plug-in hybrids

Work

Robinhood stock hits new high following news of $200 million Bitstamp
acquisition
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The stock trading platform is aiming to expand its crypto business
overseas

Work

Jensen Huang: Nvidia boss christened the Taylor Swift of tech
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Nvidia CEO Jensen Huang has nothing short of rock star status, which
is on full display at events.

Work

Mike Lynch: Autonomy co-founder cleared of fraud in US trial
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Former Autonomy boss Mike Lynch was accused of fraud related to the
$11bn sale of his software firm.

Work

Scientists use AI to tell if a dog is mad when it barks
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They are also digging into whether AI can tell a dog's age, gender and
breed based on the noises it makes.

Work

Plans to use Facebook and Instagram posts to train AI criticised
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Public posts, images and image captions will also be used to develop
parent company Meta's AI tools.

Work

Concern rises over AI in adult entertainment
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AI in adult entertainment could have negative effects on society and
individuals, experts say.

Work

Labour woos first-time buyers with mortgage guarantee pledge
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Sir Keir Starmer says he hopes his pledge will "turn the dream of
owning a home into a reality".

Work

Rents rise at 6.6% a year but pace is slowing
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The rate of increase is the slowest for 30 months, but competition
among potential tenants is still fierce.

Work

Conservatives vow to let high earners keep more in child benefits
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The party says it would increase the salary threshold at which a
household starts to lose its child benefits.

Work

Rishi Sunak defends
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The prime minister responds for the first time since Labour accused
him of lying over the dubious claim.

Work

Will the UK and US cut interest rates like Europe?
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The move marks the beginning of a new phase for the global fight
against inflation.

Work

Post Office: Government officials weighed up sacking Vennells in 2014
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Officials were concerned the ex-Post Office boss was unable to work
with people who challenged her.

Work

European Central Bank cuts interest rate to 3.75%
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The eurozone is the second major economy to cut its main lending rate
this week after Canada.

Work

It Looked Like a Reliable News Site. It Was an A.I. Chop Shop.
[[link removed]}&lead=419599&emailid=12391&nl=daily]  
[[link removed]}&lead=419599&emailid=12391&nl=daily&hashtags=tradebriefs&via=TradeBriefs]  
[[link removed]}&lead=419599&emailid=12391&nl=daily]
BNN Breaking had millions of readers, an international team of
journalists and a publishing deal with Microsoft. But it was full of
error-ridden content.

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