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OpenAI’s video generation app Sora is currently struggling after rocketing to the top of the App Store in October. New data suggests that both app downloads and consumer spending are declining as the initial hype around AI video social networks fades. The iOS version, powered by OpenAI’s Sora 2 video generation model, surpassed 100,000 installs on its first day, despite being an invite-only experience. It quickly took the number one spot in the US App Store and reached the 1 million download milestone faster than ChatGPT. At the time, Sora’s app was iOS-only and still required an invitation, making its…
Iran has been preparing for war with the United States for nearly half a century. Unable to match U.S. military might, the Iranian government is instead focused on ways to impose large costs that could shake up the Middle East and the global economy. A US carrier strike group has arrived in the Middle East, reigniting fears of a broader war as US President Donald Trump warns it could attack Iran. Experts say that despite being severely weakened by last summer’s Israeli and American attacks and experiencing recent domestic unrest, the Iranian regime still has a wide range of options…
16. Iscove had to fight to keep the now-iconic prom scene in the film, but explained to Cosmo that she really “wanted a big dance number” despite the studio’s reservations. Solution: More Usher scenes where he was the school DJ (hey, it was the 90s!) “So we went back and shot more of Usher’s (his) stuff, saying, ‘Remember what we taught you in dance class,’ or whatever,” he said. “We went back to Chicago, where Usher was making the album, and shot more scenes and added more intercuts.” 17. According to Prinze, one person who was not happy with the…
Italy will manage Olympic security with 6,000 police officers, drones and cyber units, with ICE also involved.Italy has revealed details of its sweeping security plan for the Winter Olympics, stressing that it will maintain command of all operations following news that U.S. Immigration and Customs Enforcement (ICE) agents will assist the U.S. delegation.The tournament will be one of the most complex security operations Italy has ever had to manage, with the tournament being split between two main hubs in Milan and Cortina d’Ampezzo, with additional events held elsewhere in the north.Recommended stories list of 4 itemsend of listAround 3,500 athletes…
Workers work at the construction site of the coastal road project in Mumbai, January 12, 2022.Punit Paranjpe | AFP | Getty ImagesIndia expects economic growth in fiscal 2027 to be between 6.8% and 7.2%, faster than most major economies.The world’s fourth-largest economy aims to conclude a trade deal with the United States “by the end of the year” and aims to achieve this growth on the back of a stable domestic economy and reduced external uncertainty, India’s Ministry of Finance said in its economic review for fiscal year 2026. According to the International Monetary Fund, India is expected to remain…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Happy Thursday. Yesterday, Federal Reserve Chairman Jerome Powell’s standard line seemed to be, “I have nothing to say about that,” to reporters at least five times during his press conference.Stock futures were little changed this morning. The three major indexes ended yesterday’s trading with slight gains.Here are five important things investors need to know to start their trading day.1. Front and centerU.S. Federal Reserve Chairman Jerome Powell speaks during a press conference after two days of Federal Open Market Committee (FOMC) meetings on interest rate policy…
Emilia Clarke’s brain aneurysmEmilia Clarke, who filmed battle scenes for Game of Thrones, published an essay in The New Yorker in 2019 titled “A Battle for My Life.”After suffering a severe headache at the gym, the actress writes, “I made it to the bathroom and fell to my knees feeling very, very sick.” “During that time, the pain was getting worse with shooting, stabbing, squeezing pain. On some level, I knew what was happening: my brain was damaged.”She was taken to the hospital for a brain scan.”The diagnosis was swift and ominous: a subarachnoid hemorrhage (SAH) is a life-threatening type…
A former Chinese football manager and national team coach is among the 73 people to be permanently banned for match-fixing.The Chinese Football Association has permanently banned 73 people, including former national team coach Li Tie, and punished 13 top professional clubs for match-fixing and corruption.Under President Xi Jinping, a crackdown on corruption has been rampant in Chinese soccer in recent years, exposing the corrupt state of professional soccer.Recommended stories list of 4 itemsend of listSeveral executives of the Chinese Football Association (CFA) have been sacked and dozens of players have been suspended on charges of match-fixing and gambling.The statement Thursday…
A version of this article first appeared in CNBC’s Inside Wealth newsletter by Robert Frank, a weekly guide for high-net-worth investors and consumers. Sign up to receive future editions directly to your inbox.Many ultra-wealthy investment firms are keen to buy shares in private companies directly, rather than through fee-heavy and loosely managed private equity funds.However, cutting out intermediaries can be costly and require hiring an in-house investment team to source your own deals. But family offices have found a way to have their cake and eat it, too, by making direct investments while backing PE funds. In this type of…
Google announced Thursday that Google Maps users can now access Gemini hands-free while walking or biking. This update comes several months after Google Maps rolled out a hands-free conversational driving experience powered by Gemini. This announcement marks Google’s continued commitment to embed Gemini into more parts of people’s daily lives, moving Google Maps from static directions to real-time conversational navigation. As you walk around and navigate with Maps, you can now ask Gemini questions like “Tell me more about your area” and “What are the must-see attractions?” “Are there any cafes with restrooms along the route?” Google says it can…