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• [[Los Angeles Times]]
  • L.A. to delay $30 minimum pay for hotel and airport employees
    • Deal with businesses will still bring hourly wage to $25 in July and additional increments.
    • LABOR groups accused city officials of giving “in to blackmail.” Above, union members rally in L.A. last year.
  • Disney accused of misusing its technology with facial recognition
    • Visitor files lawsuit alleging Disneyland is violating privacy laws with data collection.
  • Erewhon opens its 14th SoCal grocery store in Glendale
  • FTC investigation of Roblox sought
    • Safety groups allege manipulative design leads to exploitation of children in game.
    • THE gaming platform Roblox is accused of making kids spend an unhealthy amount of time and money.

• [[USA Today]]
  • GLP-1s changing shopping habits
    • Various industries are taking notice and making changes
    • Megan McDonald, 36, of Boxford, Massachusetts, has noticed her shopping habits have changed in the two years she’s been on a GLP-1. ● Since McDonald began using the GLP-1, Zepbound, and she lost 175 pounds, she focuses on the produce and meats found on the outer edges of the supermarket. And she has no interest in the snack food aisle. ● “For myself, there’s not much in the middle of the store for myself except for protein bars. But it’s mostly the produce, the meats and the dairies that I’m going for,” she said. “Those are more expensive, but because I don’t need as much, I would say I’ve redistributed” the costs.
    • “This drug is accelerating the convergence of health, consumerism, retail and creating opportunity for businesses.” Ali Furman U.S. consumer markets industry leader for PwC
    • GLP-1 is changing the way those consumers are shopping for food, clothes and health and beauty products, as well as how they eat out.
    • Megan McDonald of Boxford, Massachusetts, says her eating habits – and grocery lists – have changed since she began taking GLP-1 drugs to lose weight.
  • Update estate planning for future
    • Title assets can help skip long probate mess
  • Texas AG investigates meatpackers over prices
  • Disney faces $5 million lawsuit over biometric data collection at parks
    • A new class action lawsuit filed against The Walt Disney Company alleges that Disneyland and Disney California Adventure Park, both in California, are not properly disclosing the company’s biometric collection policies.

• [[The New York Times]]
  • How Google Is Starting to Win the A.I. Race
    • Despite its early stumbles, Google’s Gemini has leapfrogged ChatGPT in relevance and usefulness. Soon, it will be ubiquitous.
  • OpenAI Prepares to File to Go Public in Coming Weeks
    • OpenAI would be one of the most highly anticipated potential initial public offerings, in what is set to be a major year of I.P.O.s for Silicon Valley.
    • Sam Altman, OpenAI’s chief executive. The company is facing challenges from the tech giant Google and an A.I. rival, Anthropic.
  • James Murdoch, Intent on ‘Thoughtful Journalism,’ Buys Half of Vox Media
    • The media scion is buying Vox Media’s podcast network, New York magazine and Vox.com for more than $300 million.
    • James Murdoch, left, with Jim Bankoff, the chief executive of Vox Media.
  • Meta Lays Off 8,000 Employees, as A.I. Casualties Mount
    • Employees have signed petitions against being tracked by A.I. and were trying to figure out who had been let go on Wednesday, as the Silicon Valley giant tries to transform into an A.I.-first company.
    • Meta’s headquarters in Menlo Park, Calif. The company, which renamed itself for the metaverse, is transforming itself for the era of artificial intelligence.

• [[Wall Street Journal]]
  • OpenAI Closes In on IPO Filing
    • Goldman, Morgan Stanley bankers aid in a draft prospectus expected within days
  • Target Logs Big Sales Gain but Stays Wary
    • Target executives said the balance of the year contains uncertainty in the consumer and macroeconomic environment.
  • BlackRock CEO’s Pay Vexes Shareholders
    • 65% Only this many shareholder votes cast approved Fink’s compensation plan
  • JPM Banker in Sex Case Charges Accuser Made Life a ‘Nightmare’
    • Chirayu Rana has worked at several Wall Street firms.
  • Nvidia’s Results Skyrocket On Rise of AI Agents

• [[Financial Times]] 영국에 위치한 니케이 소유 회사입니다.
  • Intesa explores bid for wealth man­ager Sin­gu­lar to expand Span­ish pres­ence
    • Italy's Intesa Sanpaolo is exploring a bid for Spanish private bank Singular in a move that would represent a rare example of cross-border dealmaking among European lenders.
    • The bank's bid is expected to fall below the €300mn asking price
  • UK tele­coms sec­tor shows invest­ment bubbles can be bene­fi­cial
    • By next year, 95% of UK homes are set to have full fibre, putting it in line with Europe's leaders, including Spain and Luxembourg
  • China banned Nvidia gam­ing chip dur­ing visit by Huang
    • ▸ Beijing looks to boost local sup­pli­ers ▸ CEO was part of Trump del­eg­a­tion
    • The RTX 5090D V2 chip was added to Beijing's list of banned goods
  • OpenAI puts final touches to draft IPO pro­spectus
    • OpenAI is preparing to file for a public listing as early as this week, with the AI lab aiming for a blockbuster initial public offering as soon as September.