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Federal agreement paves way for closer scrutiny of burgeoning AI industry 2024-06-10 20:23:00+00:00 - Federal regulators have agreed to the broad outlines of a deal that could lead to tighter government oversight of the rapidly emerging artificial intelligence industry, including heavyweights in the sector such as Microsoft, Nvidia and OpenAI, two people familiar with the talks confirmed to CBS News. The Federal Trade Commission and Justice Department will split oversight of different companies in the sector, the people said, with the FTC regulating the business practices and conduct of OpenAI and Microsoft and the Justice Department's antitrust division overseeing chipmaker Nvidia. News of the agreement was first reported by the New York Times. The move comes as the federal government grapples with rapid advancements in AI technologies and their broadening influence on the U.S. economy and society, with the White House advocating for more scrutiny of Big Tech. Monitoring AI's impact on competition Federal officials have indicated for more than a year that they are looking out for monopolistic behavior as AI products produce human-like text, illustrations and sound. The Justice Department in February announced the appointment of the agency's first AI officer and, in May, said it was "actively examining the AI ecosystem." Lina Khan, chair of the FTC, stated in January that the agency would closely review deals that "enable dominant firms to exert undue influence or gain privileged access in ways that could undermine fair competition." The FTC at the time said it was launching a probe into ties between AI startups such as OpenAI and Anthropic and cloud-computing providers like Amazon, Google and Microsoft that have invested heavily in them. Microsoft, for instance, provides OpenAI with the huge computing resources needed to train generative AI systems like ChatGPT. And the whole AI industry counts heavily on chipmaker Nvidia's semiconductors to run AI applications. Open AI last month paused use of its ChatGPT voice mode function, called Sky, after Hollywood star Scarlett Johansson complained that it sounded "eerily similar to mine." The company denied that Sky's voice was the actor's. In the latest example of the tech industry embracing machine intelligence, Apple on Monday announced that it is weaving AI into many of its products, including iPhones. As part of that effort, Apple will work with OpenAI to integrate its ChatGPT tool into upcoming software releases, including iOS 18, iPadOS 18 and macOS Sequoia. —The Associated Press contributed to this report.
Here's what probation interviews ask guilty defendants like Trump 2024-06-10 20:14:44+00:00 - Ahead of his July 11 sentencing, Donald Trump faces an aspect of the system that other guilty criminal defendants have to go through as well. NBC News reported Trump’s probation interview will take place Monday, though he has received the benefit of doing it remotely from Mar-a-Lago (incidentally, also the alleged crime scene of his classified documents case). It’s unclear what other conveniences this defendant might be afforded regarding the interview. But here’s a brief explainer of what this process is generally for. New York’s criminal procedure law requires that: “In any case where a person is convicted of a felony, the court must order a pre-sentence investigation of the defendant and it may not pronounce sentence until it has received a written report of such investigation.” Trump was found guilty of 34 felony counts of falsifying business records in the first degree. Just because it’s referred to as a probation interview doesn’t mean that Trump is getting probation. Judge Juan Merchan has several options in front of him, including, among others, probation and imprisonment for up to four years. Incarceration isn’t mandatory. But it’s the probation department that conducts the pre-sentence interview and report for Merchan that may inform the judge’s sentence. During these interviews, defendants are asked a range of questions about both the case itself and their personal lives, such as their finances, employment and criminal history, although this is the presumptive GOP presidential nominee’s first criminal conviction. (Whether it’s his last will depend partly on whether he wins the White House again in November and gets rid of his two federal cases, while his fourth case, in Georgia state court, which U.S. presidents can’t dismiss or pardon, is currently tied up on a pre-trial appeal.) “The pre-sentence report is a chance for the defendant’s lawyer to say good things about the defendant, like that the defendant is in a counseling program or has a steady job and takes care of an ailing family member,” according to the state website. With defense lawyer Todd Blanche by his side (which Merchan gave permission for Friday), we can be sure that the lawyer will say good things about his client, though perhaps he’ll cite different examples. “The pre-sentence interview is a chance for the defendant to try to make a good impression and explain why he or she deserves a lighter punishment,” the site goes on to say. On that note, Blanche may seek to play down any substantive remarks Trump tries to make about the case, given that his statements throughout the trial earned him a whopping 10 gag order violations. Yet, Trump seemingly steered the defense strategy at the trial that quickly ended with unanimous guilty findings on all counts, so it’s unclear how much power Trump gives his attorney here, however much it would benefit him to do so. Ultimately, Trump may do himself more harm than good with his comments. At any rate, the report’s recommendation to Merchan probably won’t make or break the judge’s sentencing call, and the prosecution and defense are also set to weigh in. But this mandated process brings the historic matter a step closer to the judge’s crucial decision. Subscribe to the Deadline: Legal Newsletter for weekly updates on the top legal stories, including news from the Supreme Court, the Donald Trump cases and more.
The US military has a plan to turn the Taiwan Strait into an 'unmanned hellscape' if China invades, top admiral says 2024-06-10 20:12:25+00:00 - By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. Access your favorite topics in a personalized feed while you're on the go. download the app Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview If China invades Taiwan, it may face a large, lethal drone force meant to make its military "miserable." At least that's the plan, according to the top US admiral in the Pacific, who said the "Hellscape" strategy is designed to distract China and buy the US time to respond. "I want to turn the Taiwan Strait into an unmanned hellscape using a number of classified capabilities," Adm. Samuel Paparo, the commander of US Indo-Pacific Command, told The Washington Post at the International Institute for Strategic Studies' Shangri-La Dialogue Summit. This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. In doing so, he said, "I can make their lives utterly miserable for a month, which buys me the time for the rest of everything." Advertisement The plan involves launching thousands of unmanned systems, from surface vessels and submarines to aerial drones, to fight Chinese invading forces as soon as they begin to cross the Taiwan Strait, effectively acting as a kind of first line of defense. Related stories This type of strategy would require heavy investments in cheap, reliable drones, which the US has been doing with its Replicator initiative. Last year, the Department of Defense officially announced the program, which is a long-term plan to field thousands of autonomous systems. DJI Matrice 300 reconnaissance drones, bought in the frame of program 'The Army of Drones' are seen during test flights in the Kyiv region on August 2, 2022, prior to being sent to the front line. SERGEI SUPINSKY/AFP via Getty Images While progress on the ambitious plan has been relatively quiet, there have been some signs of movement. Back in March, Deputy Defense Secretary Kathleen Hicks said the Pentagon aims to spend $1 billion this fiscal year on Replicator. A few capabilities have been highlighted as necessary for the first drones in the program, and the Pentagon is working with defense partners to develop and acquire these systems. Advertisement Last summer, Hicks said Replicator aimed to counter China's "biggest advantage," which is its mass: "More ships. More missiles. More people." She said that "we'll counter the [People's Liberation Army's] mass with mass of our own, but ours will be harder to plan for, harder to hit, harder to beat." The previous INDOPACOM commander said last year that US unmanned capabilities "will be an asymmetric advantage." He said "operational concepts that we are working through are going to help amplify our advantages in this theater," adding, "There's a term, hellscape, that we use." Paparo's remarks on the "Hellscape" strategy come on the heels of a massive Chinese military drill around Taiwan, during which it effectively surrounded the island and showed off joint force capabilities. While the exercise showed Taiwan and the US how quickly and easily China could employ a blockade, it was also a learning opportunity for the US military. Advertisement After the drills concluded, Paparo said they "looked like a rehearsal" for an invasion, telling Japan's Nikkei newspaper: "We watched it. We took note. We learned from it. And they helped us prepare for the future."
U.A.W. Reaches Accord on Pay and Safety at E.V. Battery Plant 2024-06-10 20:11:10+00:00 - The United Automobile Workers union on Monday announced a tentative contract agreement at an Ohio factory making batteries for electric vehicles, a step that it called a milestone in enhancing pay and safety in the E.V. supply chain. The accord covers 1,600 workers at a Lordstown plant operated by Ultium Cells, a joint venture between General Motors and a South Korean partner, LG Energy Solution. It produces batteries for G.M. electric vehicles. The workers had not been unionized when the plant opened in 2022, but they were brought into the U.A.W. under the terms of the national contract the union negotiated with G.M. last fall. This new contract, subject to ratification by the plant’s workers, defines wages and working conditions specific to that location. Shawn Fain, the U.A.W. president, said in a letter to union members that the accord was “a game changer for the electric vehicle battery industry.”
Apple just made a big AI announcement. Here's what to know. 2024-06-10 20:10:00+00:00 - Apple's annual Worldwide Developers Conference is typically a springboard for the company to announce new tech features for its software programs, and not as flashy as its yearly September event to trumpet its latest iPhone rollout. But this year, the WWDC could be a make-or-break moment for the tech giant. That's because CEO Tim Cook on Monday announced Apple's strategy for integrating artificial intelligence into its tech, an area in which Wall Street analysts say the tech giant has so far lagged behind rivals such as Microsoft and Google. The WWDC announcement may be "a pivotal moment in Apple's future," according to Wedbush Securities analyst Dan Ives, in a report issued before the conference. The announcements come at a time when Apple needs to juice up its iPhone business, with sales of the devices plunging 10% in the first three months of 2024, the steepest quarterly decline since the start of the pandemic. "Apple is taking the right path to implement AI across its ecosystem while laying out the foundation for the company's multi-year AI strategy across the strongest installed base of 2.2 billion iOS devices over the coming years," Ives said. The Worldwide Developers Conference kicked off on June 10 and will run through June 14, with developers attending in person at Apple's Cupertino, California-based headquarters. The event is geared toward developers, with Apple set to announce new iOS, iPadOS, macOS, watchOS, tvOS, and visionOS technology. Apple says the event is geared to helping developers create new apps and games for its devices. Here are some of the top announcements from WWDC. "Apple Intelligence" Cook announced what the company is calling "Apple Intelligence," or its version of AI-enhanced capabilities that will expand services such as its Siri voice assistance as well as other apps. The company said it's working with OpenAI to integrate its ChatGPT access into its upcoming software releases, including iOS 18, iPadOS 18 and macOS Sequoia. The new AI service is designed to be intuitive and personalize, as well as built with privacy in mind, Cook noted. Apple won't collect data on users as consumers rely on the new AI services to answer questions, search personal data stored on their devices or engage in other tasks, the company said. The new AI will work across apps, tapping personal data to help users find specific information, such as photos or emails. For instance, you'll be able to ask your phone to search for photos that only include yourself and a parent. Apple's AI will also be able to suggest options for writing or rewriting emails, summarize emails that landed in your inbox and create images based on your photos that you can send as a text, among other functions. Apple is also introducing something called "Genmoji" that will create custom emoji based on a description, such as a dinosaur on a surfboard. The new AI services will be "game changers," Cook said at the conference. New texting options — including emoji tapbacks — in Messages Messages, Apple's texting app, is getting an overhaul. The company said it's expanding its tapbacks, which are the responses such as "?" or a thumbs up or thumbs down, that users can use in responding to messages. That will allow you to add any emoji as a text tapback. In addition, the app will let people add text formatting to their messages, including writing in bold, italics or strikethrough. Apple is also adding satellite service so users can send and receive texts even when they don't have wifi or cellular service. Shake or nod your head to answer calls on AirPods AirPods will soon have a new feature that allows people to answer or decline calls on their AirPods by either nodding or shaking their heads. The company said this could be useful for people who receive calls in a public situation and who might not want to talk in a busy setting. Its AirPods Pro devices will include a service called Voice Isolation, which will screen out background noise if you call someone from a noisy location. New organization in Photos Apple announced a number of improvements in other apps and services, including Photos and its control center. Photos will provide new organizational frameworks, such as grouping snapshots from specific trips and allowing users to customize photo collections.
Alzheimer’s drug that can slow disease gets backing from FDA advisers 2024-06-10 20:05:04+00:00 - WASHINGTON (AP) — A closely watched Alzheimer’s drug from Eli Lilly won the backing of federal health advisers on Monday, setting the stage for the treatment’s expected approval for people with mild dementia caused by the brain-robbing disease. Food and Drug Administration advisers voted unanimously that the drug’s ability to slow the disease outweighs its risks, including side effects like brain swelling and bleeding that will have to be monitored. “I thought the evidence was very strong in the trial showing the effectiveness of the drug,” said panel member Dean Follmann, a National Institutes of Health statistician. The FDA will make the final decision on approval later this year. If the agency agrees with the panel’s recommendation, the drug, donanemab, would only be the second Alzheimer’s drug cleared in the U.S. that’s been shown to convincingly slow cognitive decline and memory problems due to Alzheimer’s. The FDA approved a similar infused drug, Leqembi, from Japanese drugmaker Eisai last year. The slowdown seen with both drugs amounts to several months and experts disagree on whether patients or their loved ones will be able to detect the difference. But Lilly’s approach to studying its once-a-month treatment prompted questions from FDA reviewers. Patients in the company’s study were grouped based on their levels of a brain protein, called tau, that predicts severity of cognitive problems. That led FDA to question whether patients might need to be screened via brain scans for tau before getting the drug. But most panelists thought there was enough evidence of the drug’s benefit to prescribe it broadly, without screening for the protein. “Imposing a requirement for tau imaging is not necessary and would raise serious practical and access concerns to the treatment,” said Dr. Thomas Montine of Stanford University, who chaired the panel and summarized its opinion. At a high level, Lilly’s results mirrored those of Leqembi, with both medications showing a modest slowing of cognitive problems in patients with early-stage Alzheimer’s. The Indianapolis-based company conducted a 1,700-patient study showing patients who received monthly IV infusions of its drug declined about 35% more slowly than those who got a sham treatment. The FDA had been widely expected to approve the drug in March. But instead the agency said it would ask its panel of neurology experts to publicly review the company’s data, an unexpected delay that surprised analysts and investors. Several unusual approaches in how Lilly tested its drug led to the meeting. One change was measuring patients’ tau, and excluding patients with very low or no levels of the protein. But panelists said there was enough data from other measures to feel confident that nearly all patients could benefit from the drug, regardless of their levels. In another key difference, Lilly studied taking patients off its drug when they reached very low levels of amyloid, a sticky brain plaque that’s a contributor to Alzheimer’s. Lilly scientists suggested stopping treatment is a key advantage for its drug, which could reduce side effects and costs. But FDA staff said Lilly provided little data supporting the optimal time to stop or how quickly patients might need to restart treatment. Despite those questions, many panelists thought the possibility of stopping doses held promise. “It’s a huge cost savings for the society, we’re talking about expensive treatment, expensive surveillance,” said Dr. Tanya Simuni of Northwestern University. She and other experts said patients would need to be tracked and tested to see how they fare and whether they need to resume treatment. The main safety issue with donanemab was brain swelling and bleeding, a problem common to all amyloid-targeting drugs. Most cases identified in Lilly’s trial were mild. Three deaths in the donanemab study were linked to the drug, according to the FDA, all involving brain swelling or bleeding. One of the deaths was caused by a stroke, a life-threatening complication that occurs more frequently among Alzheimer’s patients. FDA’s panel agreed that those the risks could be addressed by warning labels and education for doctors as well as medical scans to identify patients at greater risk of stroke. ___ The Associated Press Health and Science Department receives support from the Howard Hughes Medical Institute’s Science and Educational Media Group. The AP is solely responsible for all content.
Our Comprehensive Risk Tolerance Assessment 2024-06-10 20:00:00+00:00 - Understanding your risk tolerance is essential to making sound investment decisions. An accurate risk tolerance assessment will help you choose suitable investment strategies to create a balanced portfolio that matches your risk appetite. And when your investment choices align with your financial goals and comfort levels, i can prevent unnecessary anxiety and promote long-term financial stability. Factors like age, financial status, and investment experience significantly influence risk tolerance. Younger investors might have a higher risk tolerance because their investment horizon is longer, whereas older investors nearing retirement might prefer safer, low-risk investments. Get analyst upgrade alerts: Sign Up So, what is your appetite for risk? Perform our self-assessment below to find out. Take Our Risk Tolerance Assessment Answer these five questions to help you determine how much risk you can comfortably manage. 1. How do you feel about losing money on an investment? I can't stand losing any money I can handle small losses I'm okay with losing some for higher gains 2. How long is your typical investment horizon? Less than 3 years 3 to 7 years More than 7 years 3. If your investment portfolio lost 20% in one year, what would you do? Sell everything to stop losing more Hold on and wait for things to get better Buy more while prices are low 4. How would you describe your current financial situation? Lots of debt, no savings Some debt, some savings Little to no debt, good savings 5. What are your primary investment goals? I want to avoid losses and keep my capital safe I like moderate, consistent gains I aim for the highest returns and maximum growth Understand Your Risk Tolerance Assessment Results Add up the points from your answers to find your risk tolerance category. A: 1 point B: 2 points C: 3 points 5-7 Points: Conservative Risk Tolerance You prefer low-risk investments like bonds or savings accounts, aiming to keep your money safe and seeking modest, steady returns. You value stability and are more concerned with safeguarding your assets than achieving high returns. A conservative approach to risk is particularly suitable for individuals nearing retirement or those with short-term financial goals who cannot afford to take significant risks. 8-11 Points: Moderate Risk Tolerance You are willing to accept some risk for the chance of higher returns. A balanced mix of stocks and bonds suits you, offering growth, stability, and protection against market volatility. Most investors fall within this category, as it allows for reasonable growth potential without exposing them to extreme risks. Many mid-career individuals with a long-term investment horizon and moderate financial stability find this strategy aligns well with their goals and risk comfort levels. 12-15 Points: Aggressive Risk Tolerance You are comfortable with taking on quite a bit of risk in pursuit of significant returns, often choosing to invest heavily in high-growth stocks, emerging markets, and other high-reward opportunities. Aggressive investors are often younger individuals with a long investment horizon, allowing them to weather short-term market volatility in exchange for the potential of high long-term gains. This approach requires a strong stomach for market fluctuations and a keen focus on long-term growth rather than immediate stability. It's ideal for those who seek maximum capital appreciation and are prepared to handle the associated risks. Explore Your Investing Options with MarketBeat Once you have determined your risk tolerance, selecting the right investments becomes much easier. MarketBeat provides comprehensive tools and resources to help you compare a wide variety of investment options. Whether you are conservative, moderate, or aggressive in your risk approach, MarketBeat can assist you in finding investments that align with your goals and comfort levels, ensuring you are on the right path to achieving your financial objectives.
Trump smooching Joe Arpaio was MAGA masculinity in a nutshell 2024-06-10 19:59:06+00:00 - This edition of “This Week in MAGA masculinity” brings us a bizarre moment from Trump’s speech at Arizona's Dream City Church last Thursday: the kiss. As the saying goes, “a picture is worth a thousand words.” And virtually all the words expressed in the image below — of Donald Trump kissing and embracing former Maricopa County Sheriff Joe Arpaio — are about the way Trump has made his toxic masculinity into a political credo. “I don’t kiss men, but I kissed him,” Trump said as he was introducing Arpaio onstage during a campaign stop in Arizona on Thursday. “We had a real border with this guy,” Trump said. “People said he was too tough or too — now they’re saying, ‘Where is Sheriff Joe?’ You know, he’s 170 years old, but we want him back. Joe say something.” The moment was the epitome of one of the animating forces in conservative politics: MAGA masculinity. It unites men around an ethos of hypermasculine paranoia, perpetual victimhood, overt rule-breaking and, most importantly, fawning praise for Donald Trump. All of which Trump managed to distill — the paranoia, the rule-breaking, even anticipatory victimhood — into eight words and a gesture. Arpaio had the praise covered. Donald Trump, right, and Joe Arpaio during a Turning Point PAC town hall in Phoenix, on June 6, 2024. Justin Sullivan / Getty Images As you may recall, the former sheriff was convicted in 2017 of contempt of court in Arizona for defying court orders and proceeding with an anti-immigration crackdown that was rife with racial profiling and largely deemed illegal (Trump pardoned Arpaio shortly thereafter). Arpaio, 91, returned that favor as best he could with a gushing speech that sang Trump's praises. He joked about birtherism, the racist conspiracy theory both men perpetuated about President Barack Obama being a foreigner; he appeared to reference his legal troubles when he called Trump “the only hero I’ve ever had in my life”; he suggested Trump is more heroic than the late Arizona Sen. John McCain; and he argued that Trump’s poll numbers would only go up the more the media reports negative stories about him. Biden’s campaign has already turned the men’s cringeworthy moment into an ad targeting Latinos, a group well-versed in Arpaio's political terrorism. The ad is just smart politicking. Trump’s embrace of Arpaio didn’t just message his plans for bigoted and illiberal anti-immigrant crackdowns if he’s elected president — it also highlighted the pitiful ties that bind MAGA men together: a shared belief in Trump’s greatness and a defiance of accountability.
An explosion and a fire at an armaments plant in Poland kills 1 person and injures another 2024-06-10 19:56:57+00:00 - WARSAW, Poland (AP) — An explosion at an armaments plant in Poland on Monday caused a fire that killed a 59-year-old man who worked there and injured another person, officials said. Prime Minister Donald Tusk said that there was no reason to assume that an “external force” was behind Monday’s explosion at the Mesko plant. Poland has recently witnessed a string of fires, and officials have been investigating whether these could be the results of sabotage by Russian or Belarusian secret services in reaction to Polish support for Ukraine. The blast occurred at the Mesko plant in the town of Skarzysko-Kamienna, according to a statement published by the Polska Grupa Zbrojeniowa (Polish Armaments Group), a state holding group that unites weapons manufacturing companies. “This is a huge tragedy for the entire Polish Armaments Group,” the group said on its website. It said an investigation was underway. The plant is a manufacturer of ammunition, including missiles. Skarzysko-Kamienna is about 135 kilometers (85 miles) south of Poland’s capital, Warsaw.
Buying a home? Expect to pay $18,000 a year in additional costs 2024-06-10 19:34:00+00:00 - Soaring prices for homeowners insurance, property taxes and utility bills are adding thousands of dollars to the cost of owning a home. The increases come at a time of record-high real estate prices and elevated mortgages and closing fees. The average annual cost of insurance, taxes and utilities for a single-family home in the U.S. is currently about $18,118, according to an analysis from Bankrate. That's up from $14,428 in 2020, the personal finance website said. Those costs are rising for several reasons, including rising home values, rising costs from construction companies hired to build properties, and rising homeowners insurance rates as a result of climate-related natural disasters, Bankrate said. "These numbers show that the costs of owning a home are at the same level as buying a used car every year," Bankrate analyst Jeff Ostrowski said in a statement Monday. "Homeownership is an important wealth-builder for many Americans, but it ain't cheap," he added. Homeownership is becoming such a financial burden that an April survey from Redfin found that some homeowners have had to skip meals, take a second job or sell their belongings to keep up with their mortgage. The nation's median asking price on a home — what sellers hope their property goes for — reached a record $420,250 during the four weeks ending May 19, a 6.6% rise from a year ago, according to Redfin. Record-high home prices and mortgage rates nearing 7% have put a damper on the 2024 home-buying season so far, with many buyers opting to remain renters. Elevated mortgage rates have also caused some homeowners to refrain from placing their property on the market because they would then face paying higher mortgage rates on another property. Prices not likely to fall With both home prices and interest rates climbing, some buyers might be tempted to wait until those numbers drop. But as "[home] prices are unlikely to go down this summer," there's little to no benefit in waiting, Holden Lewis, mortgages spokesperson at NerdWallet, told CBS News. Homeowners in coastal states like California and Massachusetts are paying the highest costs, along with Hawaii, which has the most expensive home ownership costs in the country, according to Bankrate's survey. The most expensive states for hidden housing costs, according to Bankrate, are: Hawaii pay $29,015 a year California pay $28,790 a year Massachusetts pay $26,313 a year New Jersey pay $25,573 a year Connecticut pay $23,515 a year The states with the lowest amount of additional homeownership costs, according to Bankrate, are: Kentucky at $11,559 Arkansas at $11,692 Mississippi at $11,881 Alabama at $12,259 Indiana at $12,259 Bankrate reached its findings by totaling the average price of property taxes, homeowners insurance, energy bills, internet and cable subscriptions and home maintenance jobs between March 2020 and March 2024. Bankrate researchers obtained raw data for those costs from Redfin, the U.S. Energy Information Administration, the National Association of Insurance Commissioners and real estate data collector ATTOM.
Apple Jumps Into A.I. Fray With Apple Intelligence 2024-06-10 18:48:32+00:00 - Nearly two years after OpenAI ignited a race to add generative artificial intelligence into products, Apple jumped into the competition on Monday, as it revealed plans to bring the technology to more than a billion iPhone users around the world. During a two-hour presentation from its futuristic Silicon Valley campus, Apple said that it would be using generative A.I. to power what it is calling Apple Intelligence. The system will prioritize messages and notifications and will offer writing tools that are capable of proofreading and suggesting what users have written in emails, notes or text. It also will result in a major upgrade for Siri, Apple’s virtual assistant. Apple’s plans to offer A.I. in its iPhones represents the next step in bringing artificial intelligence into the consumer mainstream. Apple, the marquee name of Silicon Valley, could do more than any other company to add credibility to a technology that has more than a few critics, who worry that it is mistake-prone and could add to the flood of misinformation already on the internet. Apple’s new A.I. features could also help calm concerns that the iPhone maker had slipped behind its biggest rivals in the tech industry’s embrace of artificial intelligence. The value of other tech companies, like Microsoft and Nvidia, has ballooned because of their aggressive A.I. plans. Earlier this year, Microsoft dethroned Apple as the most valuable technology company in the world.
In Wyoming, Bill Gates moves ahead with nuclear project aimed at revolutionizing power generation 2024-06-10 18:30:59+00:00 - Bill Gates and his energy company are starting construction at their Wyoming site for a next-generation nuclear power plant he believes will “revolutionize” how power is generated. Gates was in the tiny community of Kemmerer Monday to break ground on the project. The co-founder of Microsoft is chairman of TerraPower. The company applied to the Nuclear Regulatory Commission in March for a construction permit for an advanced nuclear reactor that uses sodium, not water, for cooling. If approved, it would operate as a commercial nuclear power plant. The site is adjacent to PacifiCorp’s Naughton Power Plant, which will stop burning coal in 2026 and natural gas a decade later, the utility said. Nuclear reactors operate without emitting planet-warming greenhouse gases. PacifiCorp plans to get carbon-free power from the reactor and says it is weighing how much nuclear to include in its long-range planning. The work begun Monday is aimed at having the site ready so TerraPower can build the reactor as quickly as possible if its permit is approved. Russia is at the forefront for developing sodium-cooled reactors. Gates told the audience at the groundbreaking that they were “standing on what will soon be the bedrock of America’s energy future.” “This is a big step toward safe, abundant, zero-carbon energy,” Gates said. “And it’s important for the future of this country that projects like this succeed.” Advanced reactors typically use a coolant other than water and operate at lower pressures and higher temperatures. Such technology has been around for decades, but the United States has continued to build large, conventional water-cooled reactors as commercial power plants. The Wyoming project is the first time in about four decades that a company has tried to get an advanced reactor up and running as a commercial power plant in the United States, according to the NRC. It’s time to move to advanced nuclear technology that uses the latest computer modeling and physics for a simpler plant design that’s cheaper, even safer and more efficient, said Chris Levesque, the company’s president and chief executive officer. TerraPower’s Natrium reactor demonstration project is a sodium-cooled fast reactor design with a molten salt energy storage system. “The industry’s character hasn’t been to innovate. It’s kind of been to repeat past performance, you know, not to move forward with new technology. And that was good for reliability,” Levesque said in an interview. “But the electricity demands we’re seeing in the coming decades, and also to correct the cost issues with today’s nuclear and nuclear energy, we at TerraPower and our founders really felt it’s time to innovate.” A Georgia utility just finished the first two scratch-built American reactors in a generation at a cost of nearly $35 billion. The price tag for the expansion of Plant Vogtle from two of the traditional large reactors to four includes $11 billion in cost overruns. The TerraPower project is expected to cost up to $4 billion, half of it from the U.S. Department of Energy. Levesque said that figure includes first-of-its-kind costs for designing and licensing the reactor, so future ones would cost significantly less. Most advanced nuclear reactors under development in the U.S. rely on a type of fuel — known as high-assay low-enriched uranium — that’s enriched to a higher percentage of the isotope uranium-235 than the fuel used by conventional reactors. TerraPower delayed its launch date in Wyoming by two years to 2030 because Russia is the only commercial supplier of the fuel, and it’s working with other companies to develop alternate supplies. The U.S. Energy Department is working on developing it domestically. Edwin Lyman co-authored an article in Science on Thursday that raises concerns that this fuel could be used for nuclear weapons. Lyman, the director of nuclear power safety with the Union of Concerned Scientists, said the risk posed by HALEU today is small because there isn’t that much of it around the world. But that will change if advanced reactor projects, which require much larger quantities, move forward, he added. Lyman said he wants to raise awareness of the danger in the hope that the international community will strengthen security around the fuel. NRC spokesperson Scott Burnell said the agency is confident its current requirements will maintain both security and public safety of any reactors that are built and their fuel. Gates co-founded TerraPower in 2008 as a way for the private sector to propel advanced nuclear energy forward to provide safe, abundant, carbon-free energy. The company’s 345-megawatt reactor could generate up to 500 megawatts at its peak, enough for up to 400,000 homes. TerraPower said its first few reactors will focus on supplying electricity. But it envisions future reactors could be built near industrial plants to supply high heat. Nearly all industrial processes requiring high heat currently get it from burning fossil fuels. Heat from advanced reactors could be used to produce hydrogen, petrochemicals, ammonia and fertilizer, said John Kotek at the Nuclear Energy Institute. It’s significant that Gates, a technological innovator and climate champion, is betting on nuclear power to help address the climate crisis, added Kotek, the industry group’s senior vice president for policy. “I think this has helped open people’s eyes to the role that nuclear power does play today and can play in the future in addressing carbon emissions,” he said. “There’s tremendous momentum building for new nuclear in the U.S. and the potential use of a far wider range of nuclear energy technology than we’ve seen in decades.” ___ The Associated Press’ climate and environmental coverage receives financial support from multiple private foundations. AP is solely responsible for all content. Find AP’s standards for working with philanthropies, a list of supporters and funded coverage areas at AP.org.
Extended power outage that hit Puerto Rico angers and worries many during heat advisories 2024-06-10 18:28:45+00:00 - COAMO, Puerto Rico (AP) — Towns in central and southern Puerto Rico are struggling to emerge from a prolonged power outage that forced authorities in the U.S. territory to activate an emergency response team on Monday and request food distribution to those in need. The outage occurred more than a week ago, leaving tens of thousands of clients without power after a transformer that twice exceeded its useful life collapsed. Officials with Luma Energy, which operates transmission and distribution for Puerto Rico’s power authority, have said repairs could take more than a month. The announcement sparked widespread anger, especially since the outage has disrupted water service and comes amid daily excessive heat warnings, with the Atlantic hurricane season just starting. Some politicians are demanding that Gov. Pedro Pierluisi declare a state of emergency. “The people of Santa Isabel, Coamo and Aibonito cannot endure another day without electricity,” Puerto Rico Sen. Héctor Santiago Torres said on Monday, referring to towns in the Caribbean island’s central and southern regions. “This situation is unsustainable.” More than 40% of Puerto Rico’s 3.2 million people live below the poverty level, and not everyone can afford generators or replace costly electric appliances damaged by the outages. “My fridge broke because of the voltage issues, so I had to throw away all the spoiled food,” said Carmen Franco, 68, as she spoke over the roar of generators in the southern town of Coamo, where she joined dozens awaiting a free lunch on Saturday. Officials had transformed a music school into a huge kitchen as people cooked rice and chicken, delivering hundreds of lunches to hard-to-reach areas in the town, where nearly a fifth of the population is over the age of 65. “Clearly, we are not prepared for this,” Coamo Mayor Juan Carlos García Padilla said of the ongoing outages. He told The Associated Press that residents already are struggling with a high cost of living. “They don’t have anything left over to save.” One resident, Carlos Ávila, 51, said he struggled to reach his cardiologist over the weekend to get a prescription sent to the pharmacy because phone lines were down as a result of the power outages: “I’ve been waiting over a week to get my blood pressure prescription refilled.” Chronic power outages have plagued Puerto Rico ever since Hurricane María struck in September 2017 as a Category 4 storm and razed the island’s already fragile grid. But the most recent outage has persisted longer than most. Puerto Rico relies on power plants that use coal, petroleum and natural gas to generate about 97% of the island’s electricity, and efforts to switch to renewable energy are slow-going. In addition, a federal control board that oversees the island’s finances has challenged the net-metering policy, which compensates solar-equipped households for their contributions to the grid, arguing it undermines the independence of energy regulators. Solar advocates warn the challenge could hinder the adoption of rooftop solar and battery systems, especially for low-income communities, jeopardizing the island’s progress towards its renewable energy goals. No ruling on the legal challenge has been issued. Madelyn Vives, a 52-year-old caretaker and mother of two, said the outages hit Puerto Rico’s older population the hardest. Her father, who can’t walk, lives in a home that she’s been visiting more often to bring him food. “I try to grab as many lunches as I can to feed my family, but if I get just one, it goes to my father,” she said.
South West Water owner’s boss should lose all bonuses after Devon parasite outbreak | Nils Pratley 2024-06-10 18:12:00+00:00 - Here’s a rarity: a chief executive turning down an annual bonus two years in a row out of solidarity with the suffering customers. But when the company is Pennon Group, owner of South West Water, the operation currently knee-deep in a diarrhoea and vomiting outbreak in Devon caused by polluted water, Susan Davy had little real choice. She cannot expect applause for leading “from the front” and “living our values”, as she described her decision to turn down £237,000 in cash. In fact, the question is why she still thought it appropriate to collect £298,000 under her separate long-term share-based scheme. That award sent her overall pay up from £543,000 to £860,000, a figure that may cause stomach pain across the south-west, not just in the coastal town of Brixham, where the parasite cryptosporidium was found in the system. A year ago, she saw the short- and long-term schemes as a job lot and waived both. If anything, the case for surrendering both elements of variable pay should have been more compelling this time because an outbreak of illness is bad even by the standards of the modern water industry. There was no explanation of the different logic in the annual report. skip past newsletter promotion Sign up to Business Today Free daily newsletter Get set for the working day – we'll point you to all the business news and analysis you need every morning Enter your email address Sign up Privacy Notice: Newsletters may contain info about charities, online ads, and content funded by outside parties. For more information see our Newsletters may contain info about charities, online ads, and content funded by outside parties. For more information see our Privacy Policy . We use Google reCaptcha to protect our website and the Google Privacy Policy and Terms of Service apply. after newsletter promotion A deeper question is why the bonus issue even arose in the first place. Why wasn’t it automatically reduced to zero in current circumstances? The answer lies with the usual suspect – the fact the standard “balanced scorecard” of objectives for an executive includes so many elements that it is hard to miss them all. In Davy’s case, the formula spat out a ratio of 46.5% of maximum, which the remuneration committee cut to 38.5% after applying its “discretion framework in respect of South West Water’s environment and pollution performance”. Come on though, outsiders will still be baffled as to why the committee’s discretion could be so minor (and so precise). Even ignoring the parasite outbreak, South West Water is still falling substantially short on the Environment Agency’s most important annual measure: the company got two stars, when four is the aim, under the latest industry-wide environmental performance assessment. Nor is it the case that Pennon’s shareholders are having a better time. Yes, they got a £127m dividend even as the Devon outbreak was in full swing, but the share price has roughly halved during Davy’s four years as chief executive. Not for the first time, one must ask what is the point of these “balanced scorecards” if they produce unbalanced outcomes that miss the wider picture. In a month’s time, Ofwat, the sector’s economic regulator, will unveil its first view of the English and Welsh water suppliers’ business plans for the next five years, including the company-by-company increases in bills to fund greater investment. Bill rises are inevitable and South West Water is looking for 30%-ish, which may be at the lower end of the industry’s range but will still come as a shock to many customers. Davy should have read the room: if it was right to turn down short- and long-term awards last year, it was right to do so again. Half measures don’t cut it.
Law Enforcement Unit Is Formed to Crack Down on Illegal E-Cigarettes 2024-06-10 17:26:24+00:00 - A multi-agency coalition of law enforcement agents will begin tackling the unruly market of illegal e-cigarettes, under pressure from antismoking groups, lawmakers and the tobacco industry urging federal authorities to stop the flood of vaping devices favored by adolescents. The Justice Department and the Food and Drug Administration announced the new effort, which is expected to target fruit- and candy-flavored vapes containing high levels of addictive nicotine. The new coalition would include the Bureau of Alcohol, Tobacco, Firearms and Explosives; the U.S. Marshals Service; the Federal Trade Commission and the U.S. Postal Service, tapping into federal laws that could include significant fines and jail terms. “Unauthorized e-cigarettes and vaping products continue to jeopardize the health of Americans — particularly children and adolescents — across the country,” Benjamin C. Mizer, the acting associate attorney general, said. Until now, enforcement efforts have largely involved warning letters and limited penalties issued by the F.D.A. to various vendors like gas station and convenience store owners, ordering them to stop selling the items.
California pension fund opposes 'ridiculous' Elon Musk pay package at Tesla 2024-06-10 17:23:00+00:00 - The head of a massive California pension fund told CNBC on Monday that he is voting against the revised pay package for Tesla CEO Elon Musk. The vote this week is to effectively reinstate a 2018 pay package that was struck down by a judge in January. California State Teachers’ Retirement System Chief Investment Officer Chris Ailman said the fund opposed the pay package previously and will do so again. “We’ll pay him 140-times the average worker pay. How about that deal? I think that’s more than fair. This pay package is ridiculous,” Ailman said on “Squawk on the Street.” CalSTRS held just under 4.7 million shares of Tesla as of June 30, 2023, according to its website. CalSTRS has owned a stake in Tesla since before it went public, Ailman said. Tesla was then headquartered in California but moved to Texas in late 2021. Musk’s pay package consists of performance-based stock options worth roughly $50 billion. CalSTRS is not the only major shareholder opposed to the proposal. Norway’s sovereign wealth fund has also come out in opposition. Ailman said the fund does not plan to sell its Tesla shares but that he does think the valuation for the stock is too high. “Even if these cars had AI in them, they are not worth 60-times earnings. That is absurd,” Ailman said. In addition to Tesla, Musk also helms social media company X and rocket company SpaceX, among others. The billionaire has indicated that he might focus more on his other projects if the Tesla pay package is rejected. Ailman said he does not want to see Musk completely walk away from Tesla, but added that Musk should let some professional managers handle more day-to-day operations at the electric car company. “He needs to focus in on, either on cars, either on X or on going to Mars. And I think his heart really is in going to Mars,” Ailman said. As of April, CalSTRS managed more some $333 billion in assets.
Nvidia 10-for-1 stock split puts share price within reach of more investors 2024-06-10 16:50:00+00:00 - Shares chipmaker Nvidia Monday are trading at a fraction of what they were last week, as the result of the company's 10-for-1 stock split, which went into effect at the close of trading on Friday. The move gives each investor of the AI titan nine additional shares for every share they already own. Shares declined slightly to $119.77 shortly after the market open on Monday. Nvidia's stock price has more than doubled this year after more than tripling in 2023 and it's now the third most valuable company in the S&P 500. The meteoric ride allowed Nvidia to briefly surpass Apple last week as the second most valuable company in the U.S. Nvidia surpassed $3 trillion in market value. The chipmaker has seen soaring demand for its semiconductors, which are used to power artificial intelligence applications. The company's revenue more than tripled in the latest quarter from the same period a year earlier. Nvidia, which has positioned itself as one of the most prominent players in AI, has been producing some eye-popping numbers. Here's a look: Nvidia's total market value as of Wednesday. Earlier this year, it passed Amazon and Alphabet to become the third most valuable public company, behind Microsoft ($3.168 trillion) and Apple ($3.029 trillion). The company was valued at around $418 billion two years ago. That's the one-day increase in Nvidia's market value on Wednesday. Companies often conduct stock splits to make their shares more affordable for investors. Nvidia's stock closed Wednesday at $1,224.40 and it's just one of 11 companies in the S&P 500 with a share price over $1,000. Revenue for Nvidia's most recent fiscal quarter. That's more than triple the $7.2 billion it reported in the same period a year ago. Wall Street expects Nvidia to bring in revenue of $117 billion in fiscal 2025, which would be close to double its revenue in 2024 and more than four times its receipts the year before that. Nvidia's estimated net margin, or the percentage of revenue that gets turned in profit. Looked at another way, about 53 cents of every $1 in revenue Nvidia took in last year went to its bottom line. By comparison, Apple's net margin was 26.3% in its most recent quarter and Microsoft's was 36.4%. Both those companies have significantly higher revenue than Nvidia, however.
California is sitting on millions that could boost wage theft response 2024-06-10 16:08:58+00:00 - SACRAMENTO, Calif. (AP) — As lobbyists for businesses and labor groups negotiate with Gov. Gavin Newsom’s administration on how to amend a unique California labor law that allows workers to sue their bosses, the two sides seem to agree on at least one puzzling reality. The law, known as the Private Attorneys General Act, generates millions each year for a state fund reserved for enforcing state labor laws, including those against wage theft. But despite rising worker complaints of labor violations and severe understaffing hampering the state Labor Commissioner’s Office’s response, California leaves much of the money untouched. The money comes from the state’s cut of the settlements and fines that businesses pay in response to these lawsuits. For years, the fund has grown faster than lawmakers and Newsom have directed it to be spent, according to state budget documents. In 2022-23 they left $197 million in the fund unspent; the 2023-24 budget leaves $170 million. The state draws from the fund each year for portions of the Labor Commissioner’s budget, as well as other agencies. And the fund has paid for some worker outreach and enforcement. Those programs include $8.6 million in recent grants to 17 local prosecutors to pursue criminal charges in wage theft cases, and a pandemic-era partnership with community groups to inform workers in 42 different languagesabout workplace rights. But the fund’s single biggest use in the past five years has been to shore up the state budget. In 2020, the state borrowed $107 million from the labor fund for other uses. In April, an early budget deal between Newsom and legislative leaders allowed the state to borrow another $125 million as they sought to reduce a record shortfall. Neither of these loans need to be repaid until at least 2027. The administration has proposed to leave $119 million in the fund unused in the 2024-25 budget it’s negotiating with lawmakers this month. They’re seeking to cover the remaining $28 billion shortfall. The fund’s use has frustrated businesses and labor groups alike, who say the state should spend much more of the money to help the Labor Commissioner’s Office hire or retain more staff needed to process a record number of workers’ wage theft claims. In response to questions from CalMatters, Department of Industrial Relations spokesperson Erika Monterroza wrote in an email that the loans are not unusual during budget deficits and only come from money that’s not being used. She said $7.6 million from the fund is already allocated this year to processing wage claims. But the department has struggled to fill those new positions. A state audit released in May found the staff shortages are caused in part by a slow hiring process and salaries that are lower than some comparable state and local government jobs. Monterroza said it’s out of her department’s hands whether the money could be used to increase salaries or speed up hiring, saying that must be bargained with state employee unions. Newsom’s office declined to comment, referring questions to the department. The fund is also part of the negotiations between business and labor on potential changes to the Private Attorneys General Act to take a business-backed measure to repeal the law off the November ballot. Recent polling suggests voters support a legislative fix over a ballot measure. The sides face a June 27 deadline for the Legislature to approve changes. If a deal is reached to avert the costly ballot measure, it is likely to address how to spend the enforcement fund. “The Labor Commissioner’s Office has hundreds of millions currently available,” said Kathy Fairbanks, a spokesperson for the coalition of employers sponsoring the ballot measure. “We strongly support using these funds to quickly hire and train staff to help resolve employee claims.” Between 30,000 and 40,000 workers a year file wage theft claims with the office. The state audit found chronic understaffing has led to a backlog of 47,000 cases, and the claims regularly take six times longer than the time state law allows to resolve. Lorena Gonzalez, leader of the California Labor Federation and a former state Assemblymember, said labor groups have advocated in past budgets to allow Labor Commissioner Lilia García-Brower to use the money to address the backlogs. “Obviously we have a crisis and we have been asking and pushing the Legislature and the governor to beef up spending, to hire up,” Gonzalez told CalMatters. “We were having a hard time getting attention. It’s one of many examples that it’s not a priority to process wage theft claims.” The Assembly’s current and former labor committee chairpersons, San Jose Democrat Ash Kalra and Hayward Democrat Liz Ortega, both declined to comment through spokespersons. Sen. Lola Smallwood-Cuevas, a Los Angeles Democrat who leads the Senate labor committee, could not be reached for comment last week. California Chamber of Commerce CEO Jennifer Barrera also said she supported using available money to increase staff. Still, an agreement for the state to appropriate the funds depends on broader negotiations about the scope of the PAGA law. The two-decade-old state law allows the Labor Commissioner’s office to outsource the role of suing employers over alleged labor violations to private attorneys, with a worker standing in as plaintiff on behalf of the state and their coworkers. Most suits are brought over wage theft claims, according to a UCLA Labor Center report. Business groups have pushed to repeal it for years, arguing it primarily enriches lawyers while subjecting businesses to frivolous cases over technical violations. Their ballot measure would direct cases back to the Labor Commissioner’s Office, where Fairbanks said workers stand to keep more money if they win individual wage theft claims. Labor advocates say that would only worsen the backlogs at the Labor Commissioner’s Office, and take away an option for workers to bring workplace-wide suits against problem employers. Gonzalez said even if the enforcement funds are spent on beefing up Labor Commissioner staff, the law should still stand. The May state audit concluded the office would need nearly 900 employees to efficiently process all wage claims. That’s almost triple the positions currently approved for the office — and a third of those are vacant. “The Labor Commissioner itself is not equipped to handle all the cases we’re seeing in California today,” Gonzalez said. “We’re not fine with taking away the right of employees to sue.” ___ This story was originally published by CalMatters and distributed through a partnership with The Associated Press.
Facebook owner Meta seeks to train AI model on European data as it faces privacy concerns 2024-06-10 15:52:39+00:00 - LONDON (AP) — Meta wants to use data from users in privacy-conscious Europe to train its artificial intelligence models, the social media giant said Monday as it faces concerns about data protection while battling to keep up with rivals like OpenAI and Google. The company, which owns Facebook, Instagram and WhatsApp, said that in order to better reflect the “languages, geography and cultural references” of its users in Europe, it needs to use public data from those users to teach its Llama AI large language model. Meta’s AI training efforts are hampered by stringent European Union data privacy laws, which give people control over how their personal information is used. Vienna-based group NOYB, led by activist Max Schrems, complained last week to 11 national privacy watchdogs about Meta’s AI training plans and urged them to stop the company before it starts training Llama’s next generation. AI language models are trained on vast pools of data that help them predict the most plausible next word in a sentence, with newer versions typically smarter and more capable than their predecessors. Meta’s AI assistant feature has been baked into Facebook, Instagram and WhatsApp for users in the U.S. and 13 other countries, but notably not Europe. “If we don’t train our models on the public content that Europeans share on our services and others, such as public posts or comments, then models and the AI features they power won’t accurately understand important regional languages, cultures or trending topics on social media,” Stefano Fratta, global engagement director of Meta’s privacy policy, said in blog post. “We believe that Europeans will be ill-served by AI models that are not informed by Europe’s rich cultural, social and historical contributions.” Fratta said other companies including Google and OpenAI have already trained on European data. Meta won’t use private messages to friends and family nor content from European users who are under 18, he said. Since May 22, the company has sent 2 billion notifications and emails to European users explaining its plans and linking to an online form to opt out, Fratta said. The latest version of Meta’s privacy policy is set to take effect on June 26, indicating that training for the next model will start soon after.
New details emerge about Israel's deadly hostage rescue — and how it almost fell apart 2024-06-10 15:42:00+00:00 - RAMAT GAN, Israel — New details emerged Monday about the rescue of four hostages — a high-risk operation that proved to be Israel's most successful of the eight-month war, but that brought death and horror to the central Gaza refugee camp where they had been held by Hamas. The surprise daytime raid reunited Noa Argamani, 26, Almog Meir Jan, 21; Andrey Kozlov, 27; and Shlomi Ziv, 40, with their families, sparking emotional scenes of celebration and relief in Israel. For Jan's family, the joy was tempered by grief following the death of his father on Saturday morning. In the Nuseirat refugee camp, Palestinian families mourned after at least 274 people, including dozens of children, were killed during the raid, according to local health officials. The Israeli military acknowledged there were casualties, but estimated the number was less than 100 and said it did not know how many were Hamas fighters. NBC News could not independently verify the death toll. An Israeli commando was also killed, the Israel Defense Forces said. And on Monday the IDF confirmed to NBC News that a vehicle carrying the three male hostages broke down during the rescue operation while under militant fire. Commandos were forced to hastily load the hostages into a separate vehicle under fire before driving them to a waiting helicopter, the IDF said. The rescue may have been perilously close to going badly wrong, but Prime Minister Benjamin Netanyahu enjoyed a rare moment of triumph in the wake of its success. He quickly faced global outrage over the scale of the raid's destruction in Gaza, however, as well as division at home following the resignation of a key rival from his war Cabinet and renewed concern from the families of remaining hostages. Witnesses told NBC News' crew in Gaza of the bloody intensity of the surprise Israeli assault, while the IDF described how the precarious operation unfolded. 'We have the diamonds' Among the hostages rescued on Saturday was Argamani, whose kidnapping during Hamas’ Oct. 7 attacks was captured in video that was shared around the world. She was seized alongside her boyfriend, Avinatan Or, who is believed to remain held in Gaza. In a news briefing following the raid, IDF spokesman Rear Adm. Daniel Hagari said Israeli forces launched their operation during the daytime to give them a greater element of surprise. The United States provided intelligence in support of the rescue operation, according to a U.S. official with knowledge of the matter. The apartment Argamani was held in was about 200 meters (or about 220 yards) from the one where the three other hostages were kept, Hagari said. The two apartments housed civilians in buildings with roughly three to four stories and families living in them, Hagari said, adding that both apartments also had armed guards inside. The IDF launched raids on both apartments simultaneously, Hagari said. He did not expand on how Israeli forces made their way into the heart of Nuseirat.