Thursday☕️

Thursday☕️

Trending:

  • New York City Crime
  • Elon Musk vs OpenAI

Markets:

  • Yesterday’s U.S. stock market:
TradingView
  • Yesterday’s commodity market:
TradingView @9:20 PM EST
  • Yesterday’s crypto market:
TradingView @9:19 PM EST

New York City Crime:

  • Governor Kathy Hochul of New York has ordered the deployment of 1,000 members of the National Guard and State Police to patrol the New York City subway system. This decision came in response to a significant increase in serious crimes within the subway, which saw a 47% rise in major felonies in January compared to the previous year, along with three incidents of homicide in the first two months.
  • Following these events, Mayor Eric Adams declared the reintroduction of random bag inspections across the subway system. The very next day, Governor Hochul declared that the state's deployment of the National Guard and police would assist in carrying out these random bag checks at some of the subway's most frequented stations. The deployment of National Guard soldiers and State Police officers to the New York City subway occur against the backdrop of New York City's status as a sanctuary city.
  • As a sanctuary city, New York City has policies in place that limit cooperation with the federal enforcement of immigration law, aiming to offer protection to undocumented immigrants. This stance has made the city a destination for a significant number of migrants. The influx of migrants has put a strain on the city's infrastructure, including housing, healthcare, and public transportation systems, due to the rapid increase in population needing services and support.
  • The New York City Police Department (NYPD) has reported a 38 percent increase in overall crime since last year, attributing part of the rise to the challenges posed by the growing population and the pressure it places on the city's resources. The decision to enhance security measures in the subway system with National Guard and State Police presence, as well as conducting bag checks, is a response not only to the immediate surge in subway felonies and violent incidents but also to the broader context of increasing crime rates in the city.

Elon Musk vs OpenAI:

  • Elon Musk has brought a lawsuit against OpenAI and its CEO, Sam Altman, alleging that they have strayed from the company's foundational goal of benefiting humanity to chase after profits. As a key figure in the tech world and an original founder of OpenAI, Musk argues that Altman's actions, particularly the financial partnership with Microsoft, betray the organization's original mission.
  • Filed in San Francisco, the lawsuit contends that OpenAI's focus on developing advanced AI technologies capable of performing at or above human levels—known as artificial general intelligence (AGI)—is driven more by profit motives than by the desire to advance societal well-being. It accuses OpenAI of becoming a secretive extension of Microsoft, aimed at bolstering Microsoft's financial bottom line rather than serving humanity's broader interests.
  • OpenAI's statement in response to Elon Musk's lawsuit includes detailed references to past communications and decisions to show how their relationship with Musk evolved over time. Initially, Musk supported OpenAI with the idea of securing a large amount of funding to make significant progress in AI development. However, as the project's needs grew, it became clear that even more resources were necessary, leading to discussions about turning OpenAI into a profit-making entity to gather those resources. Musk and OpenAI had disagreements about how this should be done, especially regarding control over the organization, which eventually led to Musk leaving OpenAI.
  • After Musk left, he continued to have doubts about OpenAI's success without a drastic increase in funding and resources. OpenAI's statement aims to demonstrate their commitment to their mission of developing AI for the benefit of humanity. They highlight their efforts to make AI technology widely available and useful, pointing out specific instances where their AI has had a positive impact. This is meant to address Musk's lawsuit by showing OpenAI's continuous focus on societal good despite the challenges and disagreements with Musk.

Statistic:

Largest companies by market cap:

  1. 🇺🇸 Microsoft: $2.987T
  2. 🇺🇸 Apple: $2.611T
  3. 🇺🇸 NVIDIA: $2.217T
  4. 🇸🇦 Saudi Aramco: $2.045T
  5. 🇺🇸 Amazon: $1.802T
  6. 🇺🇸 Alphabet (Google): $1.640T
  7. 🇺🇸 Meta Platforms: $1.264T
  8. 🇺🇸 Berkshire Hathaway: $874.85B
  9. 🇺🇸 Eli Lilly: $740.90B
  10. 🇹🇼 TSMC: $734.32B
  11. 🇺🇸 Broadcom: $625.61B
  12. 🇺🇸 Visa: $576.02B
  13. 🇩🇰 Novo Nordisk: $569.79B
  14. 🇺🇸 Tesla: $562.24B
  15. 🇺🇸 JPMorgan Chase: $545.91B
  16. 🇺🇸 Walmart: $487.75B
  17. 🇫🇷 LVMH: $459.36B
  18. 🇺🇸 Mastercard: $439.95B
  19. 🇺🇸 UnitedHealth: $435.70B
  20. 🇺🇸 Exxon Mobil: $423.64B
  21. 🇳🇱 ASML: $404.74B
  22. 🇺🇸 Johnson & Johnson: $383.81B
  23. 🇺🇸 Home Depot: $375.65B
  24. 🇺🇸 Procter & Gamble: $375.47B
  25. 🇰🇷 Samsung: $365.27B
  26. 🇺🇸 Costco: $343.10B
  27. 🇺🇸 AMD: $340.33B
  28. 🇯🇵 Toyota: $340.19B
  29. 🇨🇳 Tencent: $331.00B
  30. 🇺🇸 AbbVie: $319.83B
  31. 🇺🇸 Merck: $313.41B
  32. 🇺🇸 Oracle: $308.62B
  33. 🇺🇸 Salesforce: $294.04B
  34. 🇨🇳 Kweichow Moutai: $293.18B
  35. 🇺🇸 Bank of America: $278.84B
  36. 🇨🇭 Nestlé: $275.92B
  37. 🇺🇸 Chevron: $275.48B
  38. 🇫🇷 Hermès: $263.23B
  39. 🇺🇸 Netflix: $258.65B
  40. 🇫🇷 L'Oréal: $258.52B
  41. 🇺🇸 Coca-Cola: $256.80B
  42. 🇺🇸 Adobe: $245.77B
  43. 🇨🇳 ICBC: $245.71B
  44. 🇮🇳 Reliance Industries: $245.58B
  45. 🇦🇪 International Holding Company: $238.90B
  46. 🇮🇪 Accenture: $238.77B
  47. 🇺🇸 Thermo Fisher Scientific: $225.54B
  48. 🇩🇪 SAP: $225.54B
  49. 🇺🇸 Pepsico: $224.03B
  50. 🇬🇧 Linde: $223.26B

Article Links:

Encryption Explained
Encryption is a significant area of cybersecurity, an essential tool in protecting information in the age of the internet. At its core, encryption is the process of converting data or information into a code to prevent unauthorized access. This process transforms readable data, known as plaintext, into an encoded form,
The Dark Web
The dark web is a complex segment of the internet, often associated with anonymity and illicit activities. This analysis delves deeply into its technological infrastructure, the nature of its security threats, and the crucial role of dark web intelligence platforms for security. The origins of the dark web are closely

Thanks for reading!

TIME IS MONEY: Your Free Daily Scoop of Markets📈, Business💼, Tech📲🚀, and Global 🌎 News.

The news you need, the time you want.

TIME IS MONEY
TIME IS MONEY: A Free Daily Email Newsletter of Markets📈, Business💼, Tech📲🚀, and Global 🌎 News.

Support/Suggestions Emails:

timeismoney@timeismon.news