Business Daily News


Google and Harvard's AI collaboration provides unprecedented view into human brain

A collaboration between Google researchers and Harvard neuroscientists has yielded an unprecedented view into the human brain, utilizing artificial intelligence (AI) to make sense of vast amounts of data. The team combined brain imaging with AI-based image processing and analysis to reconstruct nearly every cell and its connections within a small volume of human brain tissue about half the size of a grain of rice.

SBA awards $300k to organizations for women veteran entrepreneurship training programs

Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and representative for America's over 33 million small businesses in President Biden’s Cabinet, announced today a $300,000 funding allocation to three organizations. These funds are intended to deliver the SBA’s Women Veteran Entrepreneurship Training Program (WVETP) to local veterans.

AlphaFold 3 predicts the structure and interactions of all of life’s molecules

Google DeepMind and Isomorphic Labs have unveiled AlphaFold 3, an AI model that predicts the structure and interactions of various molecules, aiming to revolutionize biological understanding and drug discovery. The model, as described in a paper published in Nature, shows significant improvements in predicting molecular interactions compared to existing methods. AlphaFold 3 extends beyond proteins to a wide range of biomolecules, potentially impacting fields like material development, agriculture, and pharmaceuticals.

Precision AI Enhances Cybersecurity Capabilities, Palo Alto Networks Leading in AI

There’s been a dramatic leap forward in what’s possible around Precision AI, and security professionals are looking for ways to leverage these advances in meaningful ways. Early instances of copilots within the cybersecurity industry left many practitioners uneasy, as demos and proof of concepts returned erroneous or even offensive responses to standard security-related questions. Relevancy and precision have become the most critical characteristics to the success of GenAI within cybersecurity.

A Quantum Leap in Work Security: Palo Alto Networks Unveils Prisma SASE 3.0 Approach

In today's work environment, employees demand the freedom to be productive from anywhere, using any device, and accessing any application. Homes, coffee shops and mobile phones have become seamless extensions of the corporate network. This unrestricted approach empowers users, but it also increases risk due to a lack of consistent security, control and visibility across devices. Security strategies must catch up, and Palo Alto Networks is once again leading that charge. Prisma SASE 3.0 isn't just an upgrade; it's a quantum leap for SASE (secure access service edge), designed...


Triple-I: US P/C Replacement Costs to Outpace Inflation by 2026

U.S. property/casualty replacement costs are currently rising at a slower rate than overall inflation and this trend is expected to persist for the next two years, according to the Insurance Information Institute’s (Triple-I) latest Insurance Economics Outlook. Despite this slowdown in cost increases, it is unlikely to ease upward pressures on insurance premiums, particularly in light of deteriorating underwriting trends and multi-year replacement cost increases. However, it may provide some short-term relief for carriers before surpassing overall inflation again by 2026.

Samsung Electronics Tops Global OLED Monitor Market

Samsung Electronics Named No.1 in Global OLED Monitor Market

Minor drop in gas prices ahead of Memorial Day: AAA report

WASHINGTON, D.C. (May 9, 2024)—In the past week, gas prices have seen a minor decrease, with the national average falling by three cents to $3.64 since last Thursday. This slight dip in prices is attributed to lukewarm domestic demand ahead of Memorial Day and oil costs remaining below $80 a barrel.

LFI Real Estate announces grand opening of latest Wild Fork location

LFI Real Estate has announced the grand opening of their ninth Illinois Wild Fork food emporium, the latest location set in Vernon Hills.

Marcus by Goldman Sachs Tops J.D. Power's Savings Account Customer Satisfaction Ranking

"Marcus by Goldman Sachs Savings Ranked #1 in Overall Customer Satisfaction by J.D. Power"

Samsung Partners with IBM to Enhance Mobile Security for Enterprises

At the RSA Conference in San Francisco, Samsung announced the next step in the evolution of its plan to re-imagine mobile device security for business customers in collaboration with IBM. Samsung will offer this solution, to be available later this year, which integrates on-device intelligence from Samsung Knox mobile device security platform into IBM Security® QRadar® Suite, a threat detection and response solution. The new integration is designed to provide security analysts and practitioners with added visibility via a “single pane of glass” experience into their...


Florida's Property Insurance Market Sees Improvement Following Legislative Reforms

The Insurance Information Institute (Triple-I) reports that Florida’s property insurance market is experiencing improvements, attributed to legislative reforms that address legal system abuse and fraud. The reforms, established in 2022 and 2023, have paved the way for stability in the market as the 2024 Atlantic hurricane season approaches.


LFI Real Estate proposes new ‘Gardens of Frankfort’ senior living development

LFI Real Estate has announced a new real estate development proposal, named "Gardens of Frankfort,” for an exclusively senior living community.

Samsung Expands 2024 OLED TV Lineup with More Series and Sizes

Samsung Electronics America has announced the expansion of its 2024 OLED TV lineup, introducing new series and size options for consumers. The latest additions include the S85D series and expanded sizes for the S90D series, catering to a variety of preferences and lifestyles."Samsung is the #1 global TV brand for 18 years running – and, the fastest growing OLED TV brand for a reason. Samsung OLED TVs deliver vivid colors and stunning contrast – plus, they are built with advanced 4K AI upscaling that instantly transforms what you’re watching with incredibly sharp...

Generali's bid leads Q1 APAC insurance market deals

Assicurazioni Generali SpA's proposal to acquire the entire shareholding of its Chinese property and casualty insurance business was the largest deal in the Asia-Pacific insurance market in the first quarter, based on transaction value, according to an analysis by S&P Global Market Intelligence. The Italian insurer agreed to acquire a 51% stake in Generali China Insurance Co. Ltd. from CNPC Capital for about 774 million yuan. This transaction will make Generali the first foreign player to obtain a controlling stake in a property and casualty insurer from a single state-owned...

Rob Kaplan Rejoins Goldman Sachs as Vice Chairman and Member of the Management Committee

NEW YORK, May 7, 2024 — The Goldman Sachs Group, Inc. (NYSE: GS) today announced that Rob Kaplan will rejoin the firm as Vice Chairman of Goldman Sachs and a member of the Management Committee. He will be a member of the Executive Office and will be based in Dallas.In this role, Rob will engage our clients around the world, working closely with our teams across Global Banking & Markets and Asset & Wealth Management to offer strategic advice. Rob will also draw on his experience in the public and private sectors to offer perspectives to our clients and other stakeholders...

Headline: Carlyle invests $180 million in Zippy Shell for strategic growth and debt refinancing

Global investment firm Carlyle (NASDAQ: CG) has invested $180 million in Zippy Shell, providing transitional capital to the US moving and storage company. The investment, in the form of preferred equity, aims to refinance existing debt and fund strategic growth initiatives, including network and fleet expansion and real estate acquisitions. This move is supported by a new first lien debt facility led by JP Morgan.