NEW YORK (AP) — Stocks fell in morning trading Friday as Wall Street closes out a holiday-shortened week. The S&P 500 fell 1.4%, with more than 80% of stocks in the benchmark index losing ground. Still, the index is managing to hold onto a modest gain for the week. The Dow Jones Industrial Average fell 402 points, or 0.9%, to 42,945 as of 10:41 a.m. Eastern time. The Nasdaq composite fell 2%. Both the Dow and the Nasdaq are also holding on to weekly gains. Technology stocks were the biggest drag on the market Friday. Semiconductor giant Nvidia slumped 3.2%. Its enormous valuation gives it an outsize influence on indexes. Other Big Tech stocks losing ground included Microsoft, with a 2.2% decline. A wide range of retailers also fell. Amazon fell 2.2% and Best Buy slipped 1.9%. The sector is being closely watched for clues on how it performed during the holiday shopping season. Energy was the only sector within the S&P 500 rising. It gained 0.5% as crude oil prices rose 0.8%. Investors don't have much in the way of corporate or economic updates to review as the market moves closer to another standout annual finish. The S&P 500 is on track for a gain of around 25% in 2024. That would mark a second consecutive yearly gain of more than 20%, the first time that has happened since 1997-1998. The gains have been driven partly by upbeat economic data showing that consumers continued spending and the labor market remained strong. Inflation, while still high, has also been steadily easing. A report on Friday showed that sales and inventory estimates for the wholesales trade industry fell 0.2% in November, following a slight gain in October. That weaker-than-expected report follows an update on the labor market Thursday that showed unemployment benefits held steady last week. In Asia, Japan’s benchmark index surged as the yen remained weak against the dollar. Stocks in South Korea fell after the main opposition party voted to impeach the country’s acting leader. Markets in Europe gained ground. Bond yields held relatively steady. The yield on the 10-year Treasury remained at 4.59% from late Thursday. The yield on the two-year Treasury slipped to 4.32% from 4.33% late Thursday. Wall Street will have more economic updates to look forward to next week, including reports on pending home sales and home prices. There will also be reports on U.S. construction spending and snapshots of manufacturing activity.All Wright scores 26 and Valparaiso earns 93-77 win over Central Michigan
The large mysterious drones reported flying over parts of New Jersey in recent weeks appear to avoid detection by traditional methods such as helicopter and radio, according to a state lawmaker briefed Wednesday by the Department of Homeland Security. In a post on the social media platform X, Assemblywoman Dawn Fantasia described the drones as up to 6 feet in diameter and sometimes traveling with their lights switched off. The Morris County Republican was among several state and local lawmakers who met with state police and Homeland Security officials to discuss the spate of sightings that range from the New York City area through New Jersey and westward into parts of Pennsylvania, including over Philadelphia. The devices do not appear to be The dronees wereffffflown by hobbyists, Fantasia wrote. Dozens of mysterious nighttime flights started last month and have raised growing concern among residents and officials. Part of the worry stems from the flying objects initially being spotted near the Picatinny Arsenal, a U.S. military research and manufacturing facility; and over President-elect Donald Trump’s golf course in Bedminster. Drones are legal in New Jersey for recreational and commercial use, but they are subject to local and Federal Aviation Administration regulations and flight restrictions. Operators must be FAA certified. Most, but not all, of the drones spotted in New Jersey were larger than those typically used by hobbyists. The number of sightings has increased in recent days, though officials say many of the objects seen may have been planes rather than drones. It’s also possible that a single drone has been reported more than once. Gov. Phil Murphy and law enforcement officials have stressed that the drones don’t appear to threaten public safety. The FBI has been investigating and has asked residents to share any videos, photos or other information they may have. Two Republican Jersey Shore-area congressmen, U.S. Reps. Chris Smith and Jeff Van Drew, have called on the military to shoot down the drones. Smith said a Coast Guard commanding officer briefed him on an incident over the weekend in which a dozen drones followed a motorized Coast Guard lifeboat “in close pursuit” near Barnegat Light and Island Beach State Park in Ocean County. Coast Guard Lt. Luke Pinneo told The Associated Press Wednesday “that multiple low-altitude aircraft were observed in vicinity of one of our vessels near Island Beach State Park.” The aircraft weren't perceived as an immediate threat and didn't disrupt operations, Pinneo said. The Coast Guard is assisting the FBI and state agencies in investigating. In a letter to U.S. Defense Secretary Lloyd Austin, Smith called for military help dealing with the drones, noting that Joint Base McGuire-Dix-Lakehurst has the capability "to identify and take down unauthorized unmanned aerial systems.” However, Pentagon spokeswoman Sabrina Singh told reporters Wednesday that “our initial assessment here is that these are not drones or activities coming from a foreign entity or adversary.” Many municipal lawmakers have called for more restrictions on who is entitled to fly the unmanned devices. At least one state lawmaker proposed a temporary ban on drone flights in the state. “This is something we’re taking deadly seriously. I don’t blame people for being frustrated," Murphy said earlier this week. A spokesman for the Democratic governor said he did not attend Wednesday's meeting. Republican Assemblyman Erik Peterson, whose district includes parts of the state where the drones have been reported, said he also attended Wednesday's meeting at a state police facility in West Trenton. The session lasted for about 90 minutes. Peterson said DHS officials were generous with their time, but appeared dismissive of some concerns, saying not all the sightings reported have been confirmed to involve drones. So who or what is behind the flying objects? Where are they coming from? What are they doing? “My understanding is they have no clue,” Peterson said. A message seeking comment was left with the Department of Homeland Security. Most of the drones have been spotted along coastal areas and some were recently reported flying over a large reservoir in Clinton. Sightings also have been reported in neighboring states. James Edwards, of Succasunna, New Jersey, said he has seen a few drones flying over his neighborhood since last month. “It raises concern mainly because there's so much that's unknown,” Edwards said Wednesday. “There are lots of people spouting off about various conspiracies that they believe are in play here, but that only adds fuel to the fire unnecessarily. We need to wait and see what is really happening here, not let fear of the unknown overtake us." —— AP reporters Mike Catalini in Morrisville, Pennsylvania; and Wayne Parry in Point Pleasant, New Jersey, contributed to this report.
NEW YORK , Nov. 22, 2024 /PRNewswire/ -- Report with the AI impact on market trends - The global mechanical connectors market size is estimated to grow by USD 4.77 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 5.6% during the forecast period. Increasing demand for mechanical connectors in automotive industry is driving market growth, with a trend towards product launches. However, fluctuating raw material prices of mechanical connectors poses a challenge.Key market players include 3M Co., ABB Ltd., Axis Electrical Components India Pvt. Ltd., Birkett Electric Ltd., Componect AG, Conex Metals, Connector Subsea Solutions, Conway, Electrofocus Electricals, HellermannTyton GmbH, Hirpara Metal Industries, Hubbell Inc., Nexans SA, NILED, NSI Industries LLC, Panduit Corp., Prysmian Spa, Raychem RPG Pvt. Ltd., STATS Group, TE Connectivity Ltd., and Tempo Communications Inc.. AI-Powered Market Evolution Insights. Our comprehensive market report ready with the latest trends, growth opportunities, and strategic analysis- View Free Sample Report PDF Forecast period 2024-2028 Base Year 2023 Historic Data 2018 - 2022 Segment Covered Type (Aluminum, Copper, Brass, and Others), Application (Automotive, Industrial, Aerospace and defense, and Others), and Geography (APAC, North America, Europe, South America, and Middle East and Africa) Region Covered APAC, North America, Europe, South America, and Middle East and Africa Key companies profiled 3M Co., ABB Ltd., Axis Electrical Components India Pvt. Ltd., Birkett Electric Ltd., Componect AG, Conex Metals, Connector Subsea Solutions, Conway, Electrofocus Electricals, HellermannTyton GmbH, Hirpara Metal Industries, Hubbell Inc., Nexans SA, NILED, NSI Industries LLC, Panduit Corp., Prysmian Spa, Raychem RPG Pvt. Ltd., STATS Group, TE Connectivity Ltd., and Tempo Communications Inc. Key Market Trends Fueling Growth The Mechanical Connectors market is experiencing significant growth due to the increasing demand for fixed broadband connections with higher bandwidth. Fiber optic connectors and coaxial cables are popular choices for high-speed data transfer in various sectors. Internal cables & connectors are essential for electronic systems integration in industries like Telecom, Defense, and Oil & Gas. External cables & connectors are crucial for power and signal transmission in Infrastructure Development and Data Centre Investments. Miniature connectors find applications in consumer electronics, automotive sector, and automation technology. Factors like urbanization, raw material prices, and governmental policies impact the market. Fiber optic connectors, copper, and high-speed connectors are key products driving the market. Emerging technologies like 5G, IoT, and autonomous vehicles also provide opportunities. Industries like Aerospace and Defense, Energy & Power, and Submarine Communication are significant consumers. The Mechanical Connectors Market is witnessing significant growth as key players are strategically expanding their product portfolios through new product launches. In February 2022 , Nexans introduced a new mechanical power connector to their GPH cable connectors and cable lugs range for medium-voltage cables. Likewise, HellermannTyton launched cast resin cable joints in May 2022 , featuring a cable connector and constant force springs with straight ends for effortless installation. These new offerings enable companies to cater to diverse end-user requirements and boost their market presence. International and local players dominate the market, with new product launches being a popular growth strategy. Insights on how AI is driving innovation, efficiency, and market growth- Request Sample! Market Challenges The Mechanical Connectors Market is experiencing significant growth due to the increasing demand for fixed broadband connections with higher bandwidth. Fiber optic connectors and coaxial cables are popular choices for high-speed data transfer in various sectors. These include Telecom, Military & Defense, Commercial, Civil, Oil & Gas, Energy & Power, Submarine Communication, Digital Data Storage, Automotive Sector, Electric Vehicles, Infrastructure Development, Data Centre Investments, and more. Challenges in this market include raw material prices, signal transmission, and power transmission in various applications such as electronic systems, electrical systems, urbanization, consumer electronics, automation technology, autonomous vehicles, and more. Additionally, the telecom sector's shift towards 5G technology and IoT technology requires miniature connectors, PCB connectors, and high-speed connectors. Industrialization, governmental policies, and aerospace and defense also impact the market. Copper's electrical conductivity continues to drive demand for mechanical connectors in various industries. The market's future looks promising with the ongoing infrastructure development, urbanization, and advancements in technology. The cost of raw materials significantly influences the pricing of mechanical connectors. Key materials used in their manufacturing include aluminum, copper, and brass. Fluctuations in demand from industries utilizing these materials can impact their prices negatively. Additionally, international political scenarios can cause imbalances in the supply and demand of these raw materials, leading to price fluctuations. For instance, in March 2022 , aluminum contracts reached record highs of USD3,820 /t. Producers must closely monitor these trends to maintain competitive pricing. Insights into how AI is reshaping industries and driving growth- Download a Sample Report Segment Overview This mechanical connectors market report extensively covers market segmentation by Type 1.1 Aluminum 1.2 Copper 1.3 Brass 1.4 Others Application 2.1 Automotive 2.2 Industrial 2.3 Aerospace and defense 2.4 Others Geography 3.1 APAC 3.2 North America 3.3 Europe 3.4 South America 3.5 Middle East and Africa 1.1 Aluminum- Aluminum connectors are cylindrical components used for terminating electrical wires in machines and electrical equipment, particularly in applications where vibration is a concern. These connectors are commonly found in military, automotive, industrial, and medical equipment. Military-grade aluminum connectors have metal outer shells for sealing. Commercial-grade aluminum connectors are also widely used in industries and automotive applications. TE Connectivity Ltd. And 3M are notable vendors offering aluminum connectors like the AMPLIMITE Ultra-Lite D-Subminiature connector and the metal D-SUB aluminum lightweight connector, respectively. The increasing demand for lightweight miniature connectors is driving market growth, making aluminum connectors a significant segment in the overall market. Download complimentary Sample Report to gain insights into AI's impact on market dynamics, emerging trends, and future opportunities- including forecast (2024-2028) and historic data (2018 - 2022) Research Analysis The Mechanical Connectors Market is witnessing significant growth due to the increasing demand for Fixed Broadband Connections with higher bandwidth. Fiber Optic Connectors and Coaxial Cables are the primary types of mechanical connectors, finding extensive applications in various industries. Internal Cables & Connectors and External Cables & Connectors are essential components in numerous systems, including those used in Military & Defense, Commercial, Civil, Oil & Gas, Energy & Power, Electronic systems, and Electrical systems. Signal transmission and power transmission are the major applications for mechanical connectors. Urbanization, Consumer electronics, Automation technology, Automotive segment, Advanced safety features, Autonomous vehicles, and the Telecom sector are some key areas driving the market's growth. The market is also influenced by raw material prices and technological advancements such as 5G technology and IoT technology. Market Research Overview The Mechanical Connectors Market is witnessing significant growth due to the increasing demand for Fixed Broadband Connections with higher bandwidth. Fiber Optic Connectors and Coaxial Cables are the primary types of mechanical connectors, with the former gaining popularity in telecommunications, data centers, and infrastructure development due to their superior signal transmission capabilities. Internal Cables & Connectors and External Cables & Connectors are essential components in various industries, including Military & Defense, Commercial, Civil, Oil & Gas, Energy & Power, Submarine Communication, Digital Data Storage, Automotive Sector, Electric Vehicles, and Infrastructure Development. The market is also driven by the growing demand for High-Speed Data Transfer, Urbanization, Consumer electronics, Automation technology, Autonomous vehicles, Telecom sector, 5G technology, IoT technology, Miniature connectors, PCB connectors, and Quick connectors. Raw material prices, Electronic systems integration, Copper's electrical conductivity, Industrialization, Governmental policies, High-speed connectors, and applications in Aerospace and defense are other factors influencing the market's growth. Table of Contents: 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation Type Aluminum Copper Brass Others Application Automotive Industrial Aerospace And Defense Others Geography APAC North America Europe South America Middle East And Africa 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Company Landscape 11 Company Analysis 12 Appendix About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/ View original content to download multimedia: https://www.prnewswire.com/news-releases/mechanical-connectors-market-to-grow-by-usd-4-77-billion-2024-2028-driven-by-rising-demand-in-automotive-industry-ai-transforming-the-market-landscape---technavio-302313566.html SOURCE Technavio © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
SAINT CHARLES, Mo. (AP) — Jaylon McDaniel's 22 points helped Lindenwood defeat IU Indianapolis 81-63 on Saturday night. McDaniel shot 9 of 12 from the field and 4 of 6 from the free-throw line for the Lions (5-6). Markeith Browning II scored 18 points while going 8 of 19 (1 for 3 from 3-point range) and added seven rebounds, five assists, and three steals. Reggie Bass shot 3 for 6 (2 for 5 from 3-point range) and 6 of 7 from the free-throw line to finish with 14 points, while adding seven rebounds and six assists. Paul Zilinskas finished with 18 points for the Jaguars (5-8). IU Indianapolis also got 13 points and two steals from Jarvis Walker. Alec Millender also recorded 11 points and five assists. NEXT UP Lindenwood's next game is Thursday against Tennessee Tech at home, and IU Indianapolis visits Florida International on Saturday. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .
Chess grandmaster Magnus Carlsen returns to a tournament after a dispute over jeans is resolved NEW YORK (AP) — Top ranked chess player Magnus Carlsen is headed back to the World Blitz Championship on Monday. That's after its governing body agreed to loosen a dress code that got him fined and denied a late-round game in another tournament for refusing to change out of jeans. The International Chess Federation president said in a statement Sunday that he’d let World Blitz Championship tournament officials consider allowing “appropriate jeans” with a jacket, as well as other "minor deviations” from the dress code. Carlsen quit the World Rapid and Blitz Chess Championships on Friday. He said Sunday he would play — and wear jeans — in the World Blitz Championship. 'Sonic 3' and 'Mufasa' battle for No. 1 at the holiday box office Two family films are dominating the holiday box office, with “Sonic the Hedgehog 3” winning the three-day weekend over “Mufasa” by a blue hair. According to studio estimates Sunday, the Sonic movie earned $38 million, while “Mufasa” brought in $37.1 million from theaters in the U.S. and Canada. The R-rated horror “Nosferatu” placed third with an unexpectedly strong $21.2 million. Thanksgiving release holdovers “Wicked” and “Moana 2” rounded out the top five. Christmas Day had several big film openings, including the Bob Dylan biopic “A Complete Unknown,” the Nicole Kidman erotic drama “Babygirl” and the boxing drama “The Fire Inside.” Charles Shyer, ‘Father of the Bride’ and ‘Baby Boom’ filmmaker, dies at 83 An Oscar-nominated writer and filmmaker known for classic comedies like “Private Benjamin,” “Baby Boom” and “Father of the Bride," Charles Shyer has died. He was 83. On Sunday his daughter Hallie Meyers-Shyer told The Associated Press that he died Friday in Los Angeles. No cause was disclosed. Born in Los Angeles in 1941 to a filmmaker father, Shyer's big breakthrough came with co-writing “Private Benjamin” for which he and Nancy Meyers received an Oscar nomination. He and Nancy Meyers were frequent collaborators through their nearly 20-year marriage, including on the remake of “The Parent Trap," starring Lindsay Lohan. LeBron James at 40: A milestone birthday arrives Monday for the NBA's all-time scoring leader When LeBron James broke another NBA record earlier this month, the one for most regular-season minutes played in a career, his Los Angeles Lakers teammates handled the moment in typical locker room fashion. They made fun of him. Dubbed The Kid from Akron, with a limitless future, James is now the 40-year-old from Los Angeles with wisps of gray in his beard, his milestone birthday coming Monday, one that will make him the first player in NBA history to play in his teens, 20s, 30s and 40s. He has stood and excelled in the spotlight his entire career. Belgium will ban sales of disposable e-cigarettes in a first for the EU BRUSSELS (AP) — Belgium will ban the sale of disposable electronic cigarettes as of Jan. 1 on health and environmental grounds in a groundbreaking move for European Union nations. Health minister Frank Vandenbroucke tells The Associated Press that the inexpensive e-cigarettes have turned into a health threat since they are an easy way for teenagers to be drawn into smoking and get hooked on nicotine. Australia outlawed the sale of “vapes” outside pharmacies earlier this year in some of the world’s toughest restrictions on electronic cigarettes. Now Belgium is leading the EU drive. Belgium's minister wants tougher tobacco measures in the 27-nation bloc. Charles Dolan, HBO and Cablevision founder, dies at 98 Charles F. Dolan, who founded some of the most prominent U.S. media companies including Home Box Office Inc. and Cablevision Systems Corp., has died at age 98. Newsday reports that a statement issued Saturday by his family says Dolan died of natural causes. Dolan’s legacy in cable broadcasting includes founding HBO in 1972, Cablevision in 1973 and the American Movie Classics television station in 1984. He also launched News 12 in New York City, the first U.S. 24-hour cable channel for local news. Dolan also held controlling stakes in companies that owned Madison Square Garden, Radio City Music Hall, the New York Knicks and the New York Rangers. Snoop's game: Snoop Dogg thrills the crowd in the bowl that bears his name TUCSON, Ariz. (AP) — Miami of Ohio beat Colorado State in the Arizona Bowl, but Snoop Dogg was the main attraction. The Snoop Dogg Arizona Bowl presented by Gin & Juice by Dre and Snoop was much a spectacle as a football game. Snoop Dogg seemed to be everywhere all at once, from a pregame tailgate to the postgame trophy presentation. Snoop Dog donned a headset on Colorado State's sideline, spent some time in the broadcast and even led both marching bands as conductor during their halftime performance. Snoop Dogg saved the best for last, rolling out in a light green, lowrider Chevy Impala with gold rims and accents, the shiny Arizona Bowl trophy in his hand as fans screamed his name. Mavs star Luka Doncic is latest pro athlete whose home was burglarized, business manager says DALLAS (AP) — Luka Doncic of the Dallas Mavericks is the latest professional athlete whose home has been burglarized. The star guard’s business manager tells multiple media outlets there was a break-in at Doncic’s home Friday night. Lara Beth Seager says nobody was home, and Doncic filed a police report. The Dallas Morning News reports that jewelry valued at about $30,000 was stolen. Doncic is the sixth known pro athlete in the U.S. whose home was burglarized since October. Star NFL quarterbacks Patrick Mahomes of Kansas City and Joe Burrow of Cincinnati are among them. The NFL and NBA have issued security alerts to players over the break-ins. Victor Wembanyama plays 1-on-1 chess with fans in New York Victor Wembanyama went to a park in New York City and played 1-on-1 with fans on Saturday. He even lost a couple of games. Not in basketball, though. Wemby was playing chess. Before the San Antonio Spurs left New York for a flight to Minnesota, Wembanyama put out the call on social media: “Who wants to meet me at the SW corner of Washington Square park to play chess? Im there,” Wembanyama wrote. It was 9:36 a.m. And people began showing up almost immediately. Norwegian chess grandmaster Magnus Carlsen quits a tournament in a dispute over jeans NEW YORK (AP) — The International Chess Federation says top ranked player Magnus Carlsen has left the World Rapid and Blitz Chess Championships after refusing to change out of the jeans he wore to the competition. The federation said Friday that its regulations include a dress code that bars participants from wearing jeans at the event. The Norwegian chess grandmaster says he accepted a $200 fine but refused to change his pants out of principle before leaving the competition in New York. The federation said the dress code is designed to ensure professionalism and fairness for all participants.Labour’s promises to be laser-focused on growth and get value for taxpayers are in danger of looking like sick jokesA 7-year-old rivalry between tech leaders Elon Musk and Sam Altman over who should run OpenAI and prevent an artificial intelligence "dictatorship" is now heading to a federal judge as Musk seeks to halt the ChatGPT maker's ongoing shift into a for-profit company. Musk, an early OpenAI investor and board member, sued the artificial intelligence company earlier this year alleging it had betrayed its founding aims as a nonprofit research lab benefiting the public good rather than pursuing profits. Musk has since escalated the dispute, adding new claims and asking for a court order that would stop OpenAI’s plans to convert itself into a for-profit business more fully. The world's richest man, whose companies include Tesla, SpaceX and social media platform X, last year started his own rival AI company, xAI. Musk says it faces unfair competition from OpenAI and its close business partner Microsoft, which has supplied the huge computing resources needed to build AI systems such as ChatGPT. “OpenAI and Microsoft together exploiting Musk’s donations so they can build a for-profit monopoly, one now specifically targeting xAI, is just too much,” says Musk's filing that alleges the companies are violating the terms of Musk’s foundational contributions to the charity. OpenAI is filing a response Friday opposing Musk’s requested order, saying it would cripple OpenAI’s business and mission to the advantage of Musk and his own AI company. A hearing is set for January before U.S. District Judge Yvonne Gonzalez Rogers in Oakland. At the heart of the dispute is a 2017 internal power struggle at the fledgling startup that led to Altman becoming OpenAI's CEO. Musk in an email outlined a plan where he would “unequivocally have initial control of the company” but said that would be temporary. He grew frustrated after two other OpenAI co-founders said he would hold too much power as a major shareholder and chief executive if the startup succeeded in its goal to achieve better-than-human AI known as artificial general intelligence, or AGI. Musk has long voiced concerns about how advanced forms of AI could threaten humanity. “The current structure provides you with a path where you end up with unilateral absolute control over the AGI," said a 2017 email to Musk from co-founders Ilya Sutskever and Greg Brockman. “You stated that you don't want to control the final AGI, but during this negotiation, you've shown to us that absolute control is extremely important to you.” In the same email, titled “Honest Thoughts,” Sutskever and Brockman also voiced concerns about Altman's desire to be CEO and whether he was motivated by “political goals.” Altman eventually succeeded in becoming CEO, and has remained so except for a period last year when he was fired and then reinstated days later after the board that ousted him was replaced. OpenAI published the messages Friday in a blog post meant to show its side of the story, particularly Musk's early support for the idea of making OpenAI a for-profit business so it could raise money for the hardware and computer power that AI needs. It was Musk, through his wealth manager Jared Birchall, who first registered “Open Artificial Technologies Technologies, Inc.”, a public benefit corporation, in September 2017. Then came the “Honest Thoughts” email that Musk described as the “final straw.” “Either go do something on your own or continue with OpenAI as a nonprofit,” Musk wrote back. OpenAI said Musk later proposed merging the startup into Tesla before resigning as the co-chair of OpenAI's board in early 2018. Musk didn't immediately respond to emailed requests for comment sent to his companies Friday. Asked about his frayed relationship with Musk at a New York Times conference last week, Altman said he felt “tremendously sad” but also characterized Musk’s legal fight as one about business competition. “He’s a competitor and we’re doing well,” Altman said. He also said at the conference that he is “not that worried” about the Tesla CEO’s influence with President-elect Donald Trump. OpenAI said Friday that Altman plans to make a US$1 million personal donation to Trump’s inauguration fund, joining a number of tech companies and executives who are working to improve their relationships with the incoming administration.
The single mother who runs OnlyFans and insists it's a feminist site amid Lily Phillips and Bonnie Blue controversy READ: OnlyFans star reveals grim reality of Lily Phillips' sleeping with 100 men By KATHERINE LAWTON Published: 02:49, 30 December 2024 | Updated: 02:51, 30 December 2024 e-mail View comments A single parent of two daughters who juggles motherhood with a dazzling career as a chief executive, Keily Blair could pass as the ultimate inspiration to women. The lawyer turned CEO of OnlyFans , 42, has seen her corporate career fly from one success to the next, advocating for women's 'choice' over their money, jobs and bodies since taking on the role in July 2023. But while the porn-friendly site is painted as a feminist platform for women to get rich and gain sexual agency, OnlyFans is also home to 'dangerous' sex stunts that put vulnerable women at risk. OnlyFans star Lily Phillips recently shocked the world after revealing she'd had sex with over 100 men in one night - and that her next goal was to bed 1,000 men in 24 hours. Lily, who posted the explicit content to her OnlyFans page, was filmed in tears after the ordeal, which she admitted was more 'intense' than she'd hoped and forced her to 'dissociate' from what was happening. The controversial stunt received backlash from fellow OnlyFans stars, who called it a form of 'self harm' and argued it 'sends a message' to other creators that 'pushing yourself to dangerous extremes is normal'. The sex work life differs from the corporate one of Blair's, who went from London-based partner at Orrick, Herrington & Sutcliffe LLP - specialising in cyber, privacy, and security - to an executive at her former client, OnlyFans. The mother-of-two speaks publicly about women having 'choice' over their own lives, arguing in a recent interview: 'I fundamentally believe that people should be able to make choices about what they do. Keily Blair (pictured) has been the CEO of porn-friendly site OnlyFans since July 2023 Frankie Sims, Blair and Demi Sims pose in the winners room with the Most Inspiring TV Show Award at the National Reality TV Awards 2024 English OnlyFans star Lily Phillips (pictured) was left in tears after sleeping with 100 men in one night and filming it 'I think as a society, and particularly women, we've had a lot of people telling us what we can do, with our bodies, with our jobs, with our money, with our lives. I've no interest in that.' Born and raised in Dublin, Blair moved to Britain to study Law and Politics at Oxford Brookes University, before qualifying as a solicitor in 2007. A cybersecurity and privacy expert, her early career included time at PwC and law firms Forsters and Allen & Overy. Read More OnlyFans star reveals the grim reality of Lily Phillips' sleeping with 100 men in one day Blair was even the first winner of the Inspirational Women in Law Awards in 2016 - after which she opened up about the struggles of balancing motherhood to daughters Eden and Bea with a high flying career. 'There are things that have happened to me probably uniquely because I'm female,' she said. 'I remember coming back from maternity leave and I remember there was a project being discussed that would involve international travel. There was an automatic assumption that I wouldn't want to go.' She added: 'I remember going into the managing partner's office and sitting down and I said, 'This may be coming from a place of kindness, but do you realise that you just ruled me out of a really interesting job because I've just come back from maternity leave because you think I won't want to spend time away from my baby'.' In January 2020, Blair joined Orrick, Herrington and Sutcliffe, a London law firm. At Orrick, she was head of the firm's cyber, privacy and data innovation practice - with OnlyFans among her clients. Keily is a single mother to two daughters Eden and Bea, and has spoken about women being overlooked because of motherhood The lawyer turned CEO advocates for women's 'choice' over their money, jobs and bodies Blair at a Taylor Swift concert for The Eras Tour earlier this year Blair loves trainers and has a lot of pairs of Jordan Shoes in her collection Born and raised in Dublin, Blair moved to Britain to study Law and Politics at Oxford Brookes University, before qualifying as a solicitor in 2007 She became the company's chief strategy and operations officer, before being promoted to CEO in July last year. She succeeded Amrapali 'Ami' Gan, who stepped down to pursue new endeavors, OnlyFans said at the time. On securing the position, Blair reiterated the importance of 'choice' for the site's creators, sating: 'OnlyFans only succeeds when creators succeed. It is our mission to make OnlyFans the platform of choice for a diverse range of creators and fans across the world. Read More The astonishing amount of money OnlyFans' female CEO reports paying out to creators 'I will continue to put our creators at the heart of every business decision and will provide them with an inclusive, safe, and innovative platform to connect with their fans and monetize their content.' Speaking to Fortune about her decision to leave a 'professional background', she said she was ready for a 'negative reaction', but describes the site as a 'UK tech success story'. In October this year, she claimed a top priority of the company was to provide safety to OnlyFans users. 'Everyone assumes it's sexy content. Some of it sexy content and we're very happy with that, we're an inclusive platform, and we're that way for a reason,' she said. 'We believe it's very important for adult content creators to have a safe space, to be able to monetize and also to be able to do that alongside other content creators.' But some high profile OnlyFans stars have found themselves the victims of terrifying death threats. Bonnie Blue, famed for bragging about sleeping with 'barely legal 18-year-olds', revealed she gets up to 300 death threats a day from women and was told she would 'end up in a box' after her sex marathons. The 25-year-old said she makes up to a whopping £750,000 a month, which includes posting X-rated content on her OnlyFans account. OnlyFans star Bonnie Blue said she gets 200 to 300 death threats a day and was told she would 'end up in a box' Bonnie says she makes up to a whopping £750,000 a month, which includes posting X-rated content on her OnlyFans account Last month, she planned to fly to Australia for a free sex marathon with teenage school leavers. In exchange, they had to consent to her posting the content online. But Bonnie - who has been slammed by parents - was forced to contact the police after receiving vicious death threats on social media that left her fearing for her life. 'I must get 200 to 300 plus death threats a day,' she told The Sun. 'The one I got this morning was like: ''When you arrive in Surfers Paradise [in Australia], you're going to be leaving in a box. You should kill yourself before we have to kill you.''' 'Wishing someone dead and wishing harm on them? That's a bad person, not me.' From December 2021 to June 2023, the UK-based company saw its global user base increase to more than 220 million fans and over 3 million creators. OnlyFans, which is based in the UK, relies solely on subscriptions, pay-per-view events or tips for its online creators, with a large portion creating adult content. The company has paid out $20billion to its creators since its inception in 2016 , it was revealed earlier this year. Despite her success, Blair has experienced negative reactions since becoming CEO, one example being when a bank rejected her as a customer for a personal account because of her association with OnlyFans. 'I was an equity partner at a law firm, one of only a handful of women who was an equity partner, and I had a team of people working for me,' she told the FT . 'That institution would previously have been incredibly keen to have my business. Nothing about me has changed, nothing about my risk profile has changed.' Financial institutions, fearful of facilitating financial transactions for illegal sex work or crimes like sex trafficking, often turned down those associated with such platforms. Lily Phillips Bonnie Blue OnlyFans London Share or comment on this article: The single mother who runs OnlyFans and insists it's a feminist site amid Lily Phillips and Bonnie Blue controversy e-mail Add commentMichelle Keegan gives fans a rare look inside her family Christmas – and food she ‘can’t stop’ eating