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A Personalized Brain Pacemaker for Parkinson's - Aug 20, 2024

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The top stories being read around the world right now!


From the Editor's Desk

Gen AI Is Coming for Remote Workers First - Harvard Business Review (No paywall)

Automation has historically impacted blue-collar jobs first, whereas white-collar jobs benefited. The wave of remote work brought on by the Covid-19 pandemic further empowered white-collar workers with more autonomy through remote work. However, generative AI is changing this narrative. Remote workers are now more susceptible to automation due to their tasks being digital and thus more easily automated, but also indicates large potential productivity benefits. But three larger forces are going to drive far more extensive gen AI automation than most expect: ease of use, firms have self-primed for gen AI automation, and growing gen AI autonomy. This means that while some remote workers will lose their jobs, many, many millions of them will soon experience extensive job change that will require reskilling, particularly in management and AI-specific skills, to adapt to the changing job landscape and maintain productivity.

Continued here


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A Personalized Brain Pacemaker for Parkinson's  

The researchers found that for Mr. Connolly and the three other participants, the individualized approach, called adaptive deep brain stimulation, cut in half the time they experienced their most bothersome symptom.


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All eyes are on Jerome Powell at Jackson Hole as investors wait for interest rate cuts  

While such rate cuts won’t instantly transform Americans’ lifestyles, they provide crucial insights into economic performance and the outlook for monetary policy. These decisions have broader implications, affecting not only the U.S. economy but also global financial markets.






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Top Harris campaign donors have dozens of private, VIP events this week. Here's the schedule  

The Trump team, meanwhile, raised just $138.7 million in July, less than half of what Harris pulled in. After having outpaced Biden\'s fundraising in June, the Trump team had some cash reserves to help pad the bottom line.


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Spiders may lure male fireflies to their death with a call of love - Animals (No paywall)  

Spiders have evolved an impressive array of hunting techniques—from trapping their prey with spit to building webs strong enough to capture snakes. Now, researchers have discovered a particularly malicious tactic that some orb-weaver spiders might use to trick fireflies into their webs.




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LVMH CEO Bernard Arnault's family office goes shopping for AI startups   

While famous for his dedication to luxury craftsmanship, historic brands, and emotional connections to designs and artists, Arnault is also a big technology fan with a history of backing successful tech startups. His family office was an early investor in Netflix in 1999, Spotify in 2014 and Airbnb in 2015.


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Israel Accepts Proposal to Bridge Differences on Cease-Fire, Blinken Says  

Mr. Netanyahu’s office said in a statement that the meeting with Mr. Blinken had been “positive” and that the prime minister had “reiterated Israel’s commitment to the current American proposal on the release of our hostages, which takes into account Israel’s security needs, which he strongly insists on.”




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Apple's ninth-generation iPad hits an all-time low of $199  

It’s worth keeping in mind that this model uses a Lightning connector rather than the USB-C that Apple has shifted its product lineup toward. It includes a charger in the box, but you may want to consider that if you’ve already chucked all your old Lightning cables. On the other hand, some may consider it a bonus that it still includes Apple’s now-defunct headphone jack.


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What margins? AI's business model is changing fast, says Cohere founder | TechCrunch  

Some parents have reservations about the South Korean government’s plans to bring tablets with AI-powered textbooks into classrooms, according to a report in Financial Times. The tablets are scheduled to…




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Jorge Ramos, the Voice of Latino America - The New Yorker (No paywall)  

For decades, his voice was omnipresent in Latino households. Two million people tuned in to Univision every night to watch the man with silver hair and pale-green eyes deliver the headlines in a clear, level tone. If war broke out in Latin America or a leader was deposed, if inflation soared in the United States or deportations went up, he would be on the story. The news, he’d say, needed to go out on time or it would rot. Poll after poll ranked him among the most influential Latinos in the United States; during his thirty-eight years as an anchor at Univision, the network’s standing came to rival that of the Catholic Church. He drew comparisons to both the avuncular American broadcaster Walter Cronkite and the combative Italian reporter Oriana Fallaci, but his audience saw him most importantly as a fellow-immigrant—someone who, like them, was working to decode the mores of his adopted home. He embodied the power of a community that, in four decades, has grown from fifteen million people to more than sixty million. He believed firmly in Cesar Chavez’s prediction, from 1984: “We’ve looked into the future, and the future is ours.”


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UK tech tycoon Mike Lynch among six missing after yacht sinks  

The sinking of the yacht came on the same day that Mr Lynch\'s co-defendant in the fraud case, Stephen Chamberlain, was confirmed by his lawyer as having died after being hit by a car in Cambridgeshire on Saturday.




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Google IPO banker tracks two-decade journey from Silicon Valley upstart to $2 trillion  

Google now stands accused of stifling innovation by U.S. and European regulators, and although the company is at the forefront of the generative AI platform shift, search and advertising — still its bread and butter — is facing its biggest existential threat in decades.


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Are Bookstores Just a Waste of Space? - The New Yorker (No paywall)  

The pandemic wasn’t good for much, but it was good for bookstores. Exactly how good is a little hard to measure. For all sorts of reasons, the data on book sales, bookstores, and most things bookish are notoriously inexact. Not only is there no settled definition of what counts as a bookstore; there is no settled definition of what counts as a book.




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The top 10 Labor Day travel destinations in America  

“This is the time of year to go on an Alaska cruise,” Paula Twidale, senior vice president of AAA Travel, said in a statement. “There are fewer crowds compared to earlier in the summer, and if you’re lucky, you might even catch a glimpse of fall colors! It’s no surprise Alaska cruises are sold out this Labor Day weekend.”


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Pfizer is betting on next-gen cancer drugs to offset slowing demand for COVID vaccines  

The pharma giant expects that cancer drugs developed by Seagen, a biotech company it acquired last year, could generate $10 billion in yearly sales by 2030, the Wall Street Journal reported.




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Kamala Harris Leads Polls and Betting Odds Against Trump as DNC Starts  

It’s a remarkable turnaround from when former President Donald Trump entered the Republican National Convention a month ago, with the betting odds in his favor and leading the polls by a comfortable margin.


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Why the underground home of the world's weirdest wildlife is in danger - New Scientist (No paywall)  

One moment Stefano Mammola is standing in a mossy forest overlooking northern Italy’s Po plain. The next, he has vanished through a hole little wider than his body, into the forest floor. With less grace, I clamber after him, landing in a pit 2 metres below. A tunnel ahead is the gateway to a 3-kilometre-long cave network. As I falter, Mammola, a cave biologist at the Water Research Institute in Verbania, Italy, encourages me with tales of an exotic spider living deep inside. It has cocoon silk that can stretch to more than seven times its length without breaking – outstanding even by arachnid standards.




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Financial Firms' WhatsApp Chats Yield $400 Million in SEC Fines - Inc.com (No paywall)  

When the pandemic forced countless employees to begin doing their jobs from home instead of in the office, most businesses relaxed their tech rules to facilitate the switch. Rather than insisting staff use only company-issued computers and mobile phones as before, many companies embraced the Bring Your Own Device (BYOD) approach and allowed workers to use their personal IT gear for work instead. But the pragmatism created some risks for employers allowing a mix of private and business communications. That's especially so in the financial sector, where over two dozen companies were fined billions by regulators over repeated employee use of prohibited third-party apps like Whatsapp.


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The More Senior Your Job Title, the More You Need to Keep a Journal - Harvard Business Review (No paywall)  

Being a CEO can be a lonely job–there is no obvious person in whom to confide. Keeping a journal can fill that void, by giving a new leader a chance for structured reflection of recent past events and decisions, and mental rehearsal for future ones. Despite the time and discipline it takes to keep a journal, it should be part of every new leader’s toolkit.


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Bernard Arnault Becomes World's 3rd-Richest AgainOvertaking Mark Zuckerberg - Forbes (No paywall)  

Bernard Arnault, the billionaire chairman and CEO of the global luxury goods company LVMH, has surpassed Meta founder Mark Zuckerberg as the third-richest person in the world, as LVMH's shares continue a multi-day surge.


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San Francisco Democrats are embracing "law and order" politics - The Economist (No paywall)  

“ARE YOU in a good spot for hearing?” one woman asks another as they shuffle into a sitting room at a retirement home near Japantown in San Francisco. They fold their walkers and await Mark Farrell, a Democratic candidate for mayor in the city’s November elections. Mr Farrell launches into a typical stump speech—he grew up in San Francisco, is raising kids here—but the conversation quickly turns darker. What will he do about crime, homelessness and drugs, the grey-haired audience wants to know. Mr Farrell has an answer characteristic of liberal San Francisco’s changing politics. “We’re gonna bring them off the streets,” he says. “Hopefully it’s shelter, maybe it’s hospital, maybe it’s county jail.”


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British tech entrepreneur Mike Lynch reported missing after superyacht sinks off Sicily  

In his role as a venture capitalist, Lynch was closely involved in helping British cybersecurity firm Darktrace and legal software startup Luminance get off the ground, backing both firms with sizable sums.


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Phil Donahue, Talk Host Who Made Audiences Part of the Show, Dies at 88  

Few subjects, if any, were off limits for Mr. Donahue, who was said to have told his staff, “I want all the topics hot.” It mattered little that at times the subjects made some viewers, and local station managers, squirm. His very first guest was guaranteed to stir controversy: Madalyn Murray O’Hair, at the time America’s most famous, and widely unpopular, atheist.


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Waymo's sixth-generation autonomous fleet has fewer sensors 'without compromising safety'  

Waymo says the new generation already has thousands of miles of real-world driving experience (and “millions more” in simulations). The company expects it to be ready for consumers sooner than previous models — about half the time — thanks to learning from the system’s “shared knowledge” from its previous generations.


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Swarmbotics founders grew 'obsessed with robot swarms' and now plan to bring them to the battlefield | TechCrunch  

Some parents have reservations about the South Korean government’s plans to bring tablets with AI-powered textbooks into classrooms, according to a report in Financial Times. The tablets are scheduled to…


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Complex, Hidden Landscape Mapped a Mile under Greenland Ice - Scientific American (No paywall)  

Scientists have been trying for decades to uncover the true geology of Greenland, an island one-third the size of Australia and almost entirely concealed under mile-deep ice sheets. For a recent study in Geophysical Research Letters, scientists constructed a new map that suggests geological details and dramatic terrain hidden underneath the ice.


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6 Things to Watch For at the Democratic Convention  

A handoff from a Clinton: Hillary Clinton is set to speak on Monday night, and thoughts about what might have been will not be lost on anyone in the hall. In 2016, Mr. Trump defeated her in her bid to be the first female president, a loss that some Democrats argued was at least in part a sign of Americans’ unwillingness to elect a woman to the nation’s highest office.


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Warning Signs Flash in a Labor Survey as Fed Officials Watch for Weakness  

But the slowdown in the labor market has not been widely backed up by other data. Jobless claims have moved up but remain relatively low. Consumer spending remains robust, with both overall retail sales data and company earnings reports suggesting that shoppers continue to open their wallets.


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Carl Icahn to Pay $2 Million to Settle S.E.C. Charges  

Shares of Icahn Enterprises fell roughly more than 1 percent in Monday morning trading. Its stock is down more than 60 percent since Hindenburg released a report last year accusing the company of running “Ponzi-like economic structures.” Short sellers profit when stock prices fall. Hindenburg said Icahn Enterprises was paying shareholders a dividend it could not afford. In August 2023, Icahn Enterprises cut its dividend in half.


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Matthew Perry's Death Shines a Harsh Light on Ketamine Treatment  

“Matthew Perry sought treatment for depression and anxiety and went to a local clinic where he became addicted to intravenous ketamine,” Anne Milgram, the head of the federal Drug Enforcement Administration, said at a news conference last week. “When clinic doctors refused to increase his dosage, he turned to unscrupulous doctors who saw Perry as a way to make quick money.”


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Trump says he would offer Tesla CEO Elon Musk a Cabinet slot, but might end EV tax credit  

Former President Donald Trump on Monday said he would offer Tesla and SpaceX CEO Elon Musk a Cabinet position or an advisory role in his administration if he wins a second term in the White House.


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Former New York Rep. George Santos pleads guilty to wire fraud, identity theft  

A month later, Samuel Miele, who had raised money for Santos\' campaign, pleaded guilty to wire fraud in connection with impersonating a top aid to former House Speaker Kevin McCarthy while soliciting donations for Santos. Miele also admitted to charging the credit cards of donors for personal expenses.


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Watch now: ETF Edge on capturing profitable small caps and diving back into dividends  

CNBC\'s ETF Edge is dedicated to the fastest-growing trend in investing right now: ETFs. Every Monday, Bob Pisani will be joined by a panel of top market participants to offer educational and actionable advice to help you build your best portfolio.


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Armed conflict is stressing the bones of the global economy  

What does British Airways’ recent decision to suspend its London-Beijing route have to do with the war in Ukraine? How does the Israel-Palestine conflict lead to cargo ships with containers falling overboard in rough weather off the southern African coast? What does an earthquake in Tonga tell us about the vulnerability of Taiwan’s communications infrastructure?


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Why are People Ticklish? - Discover Magazine (No paywall)  

There are two kinds of tickles. Knismesis is a soft, gentle kind of tickling, such as when an insect crawls across your skin, or someone strokes you with a feather. But here we’re talking about the other kind. It’s called gargalesis and is the full-on, go-for-the-ribs or armpits tickling that makes you laugh out loud and wiggle and squirm.


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Ted Baker: What went wrong for the British fashion label?  

Susannah Streeter, head of money and markets at Hargreaves Lansdown, said that while bigger operations like Next and M&S were able to \"switch focus\" to establish digital channels and more laid-back ranges, \"Ted Baker floundered as the company failed to shift gears\".


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At Least 1 Dead and 6 Missing After Yacht Sinks Off Sicily  

One of those unaccounted for is Mike Lynch, a British software mogul who was acquitted in the United States in June of fraud, according to a person with knowledge of the matter who spoke on the condition of anonymity because they were not authorized to speak publicly about it.


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5 days left to secure ticket savings for TechCrunch Disrupt 2024 | TechCrunch  

Some parents have reservations about the South Korean government’s plans to bring tablets with AI-powered textbooks into classrooms, according to a report in Financial Times. The tablets are scheduled to…


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ElevenLabs' text-to-speech app Reader is now available globally | TechCrunch  

Some parents have reservations about the South Korean government’s plans to bring tablets with AI-powered textbooks into classrooms, according to a report in Financial Times. The tablets are scheduled to…


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AMD, Palantir, fuboTV: Top stocks making news today  

The preliminary injunction comes after fuboTV filed a lawsuit against the media giants behind the joint venture in February, seeking to block the service. At the time, fubo cited \"the extreme suppression of competition in the US sports-focused streaming market.\"


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Looking for work is a struggle and headhunters are making it even harder--More than 8 in 10 recruiters say they post 'ghost jobs'  

“The empowered job seeker isn\'t just empowering themselves through the use of technology to boost their brand,” she says. “The empowered job seeker is also putting out information that is supporting other job seekers in a very powerful way. And that includes reviewing companies and talking about what is working and what\'s not working with certain companies.”




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