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🤳 24th May 2023 | business activity reaches 13-month high, Russia and China sign economic pacts , Netflix's US users face official crackdown , Lakers hopeful for LeBron James, and more!

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What’s Hot A humanoid robot is now a security guard! Funded by OpenAI,1X humanoid robot EVE is already working in the U.S. and Europe. CEO Bernt Bornich stated EVE, controllable via VR, offer better, more affordable services than traditional security. Bornich envisions EVE addressing labor shortages and possibly caring for the elderly. EVE's data is used to improve task proficiency and potentially expand into other job roles.

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Kevin McCarthy: You cannot spend more money next year than you spent this year; AP

📰 White House and Republicans continue debt ceiling talks amid looming default deadline

The White House and Republicans remain in deadlock over debt ceiling negotiations as the potential default deadline nears. Despite meetings labeled as "productive", House Speaker McCarthy stated they are “nowhere close” to a deal, with contention on spending levels and social safety net requirements. The impasse comes amid heightened financial risks, with a potential cash crunch predicted by June 1.

📈 US business activity reaches 13-month high in May, S&P Global survey reveals

US business activity reached a 13-month high in May, boosted by services sector growth, says S&P Global. PMI Output Index rose to 54.5 despite rising recession risks due to interest rate hikes. Chris Williamson, chief business economist at S&P Global Market Intelligence, pointed out that the services sector is raising prices amid high demand and capacity issues. However, the manufacturing sector showed a decline.

Saudi Arabia's Crown Prince Mohammed bin Salman shakes hands with Syria's President, May 19, 2023; REUTERS

🇸🇦 Saudi Arabia's embrace of Syrian President Assad sends a strong signal to the US

Saudi Crown Prince Mohammed bin Salman's warm greeting of Syrian President Bashar al-Assad at the Arab summit underlines a shift in Saudi-US relations. Amidst skepticism of US security promises and dissatisfaction with its scolding tone, the Prince is independently engaging with global powers. As Abdulaziz al-Sager, Chairman of the Gulf Research Center, remarked, it is "reshaping and redrawing our relations without you" — a bold message to America.

Russia and China sign economic pacts despite Western criticism

Russia and China pledge deeper cooperation, shrugging off Western criticism, planning to sign bilateral agreements during Prime Minister Mishustin's Beijing visit. Defending its Moscow alliance & rejecting Ukraine war linkage, China advocates expanded bilateral trade. As Moscow banks on Beijing for strategic depth, Nikolai Patrushev, Russia's Security Council secretary affirms, 'Deepening ties with China is a strategic course for Moscow’, China defended its collaboration with Russia and asserted its right to choose partners.

🔒 Netflix's US users face official crackdown on password sharing

Netflix extends its password sharing crackdown to the US and other regions, urging users that an account is for a 'single household'. Additional features allow account control and profile transfer and allow adding an extra member for $7.99/month. Despite potential subscriber churn, analysts like Jefferies maintain a positive outlook, highlighting the initiative's role in long-term growth.

💻 Microsoft introduces AI-powered Windows Copilot assistant for Windows 11

Microsoft will launch 'Windows Copilot', an AI-powered chatbot, on Windows 11 set to launch this June. Unlike Cortana, Copilot - described as a personal assistant, offers text-based assistance, app integration, features Bing and ChatGPT plugins, and task completion using a 2,000-character limit. "It makes every user a power user," said CPO Panos Panay. This follows Bill Gates' prediction that AI agents are the future of tech.

Ukrainian Influencer: @ilonachernobai

🩸 Ukrainian protester causes Cannes commotion with fake blood stunt

Ukranian fitness influencer, Ilona Chernobai's 'Red Protest' Shock Waves Through Cannes. She stunned Cannes Film Festival with a fake blood protest in a gown indicating the Ukranian flag’s colors. Post-incident, she confessed on Instagram: “I am with Ukraine in my heart. I did what I had to do!”, revealing her ‘dragging down the carpet’ and subsequent ban from the festival, but she deemed it "worth it". Chernobai's dramatic spectacle surely made Cannes a platform for Ukraine's voice.

🏀 Lakers hopeful for LeBron James' to continue career even after retirement contemplation

Following the Lakers' exit from the Western Conference finals, LeBron James contemplates retirement. "LeBron has given as much to the game of basketball as anyone," says Laker’s General Manager, Rob Pelinka. Despite disbelief from teammates, they respect his decision. Ham promises a strong Lakers' return, hoping LeBron will join. 'Our hope would be that his career continues,' says Pelinka. Lakers aim to keep their young core & build around LeBron & Anthony Davis if James returns for his 21st season.

Ron DeSantis is seeking the Republican presidential nomination

🗳️ Florida Governor DeSantis announces 2024 presidential run in Twitter event with Musk

Florida's Governor Ron DeSantis, known for anti-lockdown stances and culture-war conservatism, will announce his 2024 Republican presidential bid on Twitter with Elon Musk, challenging Trump's potential nomination. Musk, while confirming his appearance, stated, "I'm not at this time planning to endorse any particular candidate." DeSantis' aggressive politics, including a divisive abortion law and strong economic recovery in Florida, have raised his profile and campaign funds, setting the stage for an intense rivalry with Trump.

⛪️ Illinois attorney general reports over 1,900 minors sexually abused by Catholic clergy

Illinois AG Kwame Raoul reveals Catholic clergy abused over 1,900 minors, following a 5-year investigation that discovered more cases than originally reported. The 696-page report, involving 6 dioceses, substantiated allegations against 451 clerics. Survivors faced mental health issues and struggled for justice. Cardinal Cupich apologized on behalf of the Church but questioned the report's data. Advocacy groups urged for similar investigations nationwide, believing the actual numbers may be higher.

⚠️ South Carolina set to renew 6-week abortion ban after Senate vote

South Carolina is set to reinstate a 6-week abortion ban, following Senate approval, causing public uproar. Reinstated law overturns the state's court's decision that deemed the ban unconstitutional. Critics argue it restricts women's rights, while Senate Majority Leader Shane Massey believes it prevents the state from being an "abortion destination".

Opening of the Brooklyn Bridge

On this day in 1883, New York's skyline changed forever. The Brooklyn Bridge, a marvel of 19th-century engineering, opened its lanes to the world, bridging Brooklyn and Manhattan Island. A standing ovation to John Augustus Roebling for his ingenious design!

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