Putin Warns of Nuclear War Readiness ⚠️ OpenAI Partners with Le Monde and Prisa Media🤝

Good morning. It's Thursday, Mar. 14, and we're covering, Adidas Pledges $150 Million to Anti-Hate Groups from Yeezy Shoe Sales, OpenAI Partners with Le Monde and Prisa Media to Provide News Content to ChatGPT Users, Putin Warns of Nuclear War Readiness, and much more. First time reading? Sign up to get this newsletter: Sign up here.

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MARKETS

Cryptocurrency Prices by Market Cap

• The global cryptocurrency market cap today is $2.75 Trillion, 0.82% in the last 24 hours.

• The total crypto market volume over the last 24 hours is $138.21B, which makes a 12.94% decrease.

• The total volume in Defi is currently $12.85B, 9.29% of the total crypto market 24-hours.

• The volume of all stablecoins is now $124.21B, which is 90.28% of the total market 24-hour volume.

• Bitcoin’s dominance is currently 52.11%, a decrease of 0.13% over the day.

In the volatile world of cryptocurrency markets, Solana (SOL) has recently witnessed a notable surge, with its price soaring more than 8% within 24 hours.
Positive sentiment surrounding Solana and its underlying technology may be fueling investor interest in the cryptocurrency. ( Read Deeper )

BUSINESS & FINANCE

Adidas Pledges $150 Million to Anti-Hate Groups from Yeezy Shoe Sales

Adidas, the renowned German sportswear brand, announced on Wednesday its intention to donate over $150 million to organizations combatting antisemitism and other forms of hate. This substantial contribution stems from the sales of Yeezy shoes, following the company's decision to sever ties with Ye, the rapper formerly known as Kanye West, due to his offensive comments.

Takeaway: After ending its partnership with Ye in October 2022, Adidas found itself with a surplus of Yeezy sneakers valued at 1.2 billion euros ($1.3 billion). To address this surplus, the company opted to release batches of the remaining shoes for sale, with a portion of the proceeds earmarked for donations to anti-hate groups. ( Read Deeper )

Under Armour Announces Leadership Changes: Kevin Plank Returns as CEO, Mohamed El-Erian Named Board Chair

Under Armour, the athletic apparel brand, revealed on Wednesday that CEO Stephanie Linnartz is stepping down from her position after just over a year, with founder Kevin Plank set to return as the company's chief executive. Linnartz assumed the role of Under Armour's CEO in February 2023, following nearly three decades at Marriott International, where she served as president.

Why it matters: Plank's re-assumption of the CEO role brings back the company's founder and visionary leader, whose strategic guidance and entrepreneurial spirit have been instrumental in shaping Under Armour's identity and growth trajectory. Meanwhile, El-Erian's appointment brings a wealth of expertise and perspective from the financial sector, further enhancing the company's governance and strategic decision-making processes. ( Read Deeper)

TECHNOLOGY & SCIENCE

OpenAI Partners with Le Monde and Prisa Media to Provide News Content to ChatGPT Users

OpenAI has announced a partnership with leading media publications Le Monde and Prisa Media to provide ChatGPT users with access to French and Spanish news content. This collaboration aims to enhance the quality of information available to AI users while also contributing to the training of generative artificial intelligence models.

Why it matters: This collaboration builds upon OpenAI's existing partnerships with renowned news publishers, including Axel Springer and the Associated Press. By working closely with media organizations, OpenAI seeks to harness the potential of generative AI to advance news consumption and engagement while addressing challenges such as copyright protection and fair compensation for content usage. ( Read Deeper )

SpaceX Is Aiming to Launches Starship Rocket for Third Test Flight

SpaceX is gearing up for another milestone attempt as it plans to launch its massive Starship rocket for the third time early Thursday morning. Following regulatory approval, the company is targeting a 110-minute launch window opening at 7:00 a.m. CT for the ambitious mission.

Takeaway: This test flight aims to showcase new capabilities, including a fuel transfer demonstration, payload door operation, and the first-ever in-space engine relight of a Raptor engine. Additionally, SpaceX is targeting a new flight trajectory, with the upper stage expected to splash down in the Indian Ocean. ( Read Deeper )

Elon Musk Cancels Don Lemon's Show on X Following "Tense" Interview

Lemon, a former CNN anchor, revealed on Wednesday that Musk pulled the plug on his show after their interview, which is set to be featured in the premiere episode of "The Don Lemon Show." Lemon asserted that Musk, known for advocating free speech, was displeased with the interview's tone, despite Lemon's respectful and wide-ranging questions covering topics from SpaceX to the presidential election.

Takeaway: The situation has escalated into a legal dispute, with Lemon's spokesperson insisting that Lemon has a contractual agreement with X and expects compensation for the canceled show. On the other hand, X clarified that while there was a mutual understanding of a forthcoming agreement, no signed contract was in place. ( Read Deeper )

AROUND DE WORLD & POLITICS

Putin Warns of Nuclear War Readiness Amid Escalating Tensions with West

Speaking ahead of Russia's upcoming presidential election, Putin emphasized that while Russia is prepared from a military-technical standpoint, he sees no immediate need for the use of nuclear weapons in Ukraine. He clarified that any U.S. deployment of troops to Russian territory or Ukraine would be perceived as intervention and treated accordingly by Moscow.

Takeaway: The Ukraine conflict and the broader Russia-West confrontation have repercussions beyond Eastern Europe, affecting regional and global stability. The prospect of military conflict, whether conventional or nuclear, could disrupt economic markets, trigger refugee crises, and undermine international security arrangements. ( Read Deeper )

Israel Expands Aid Efforts to Address Humanitarian Crisis in Gaza

Rear Adm Daniel Hagari, speaking on behalf of Israel's military, revealed that additional aid convoys would be facilitated, including deliveries through newly opened land routes, as well as by air and sea. The move comes in the wake of warnings from the United Nations about the risk of famine in Gaza, with hundreds of thousands of Palestinians facing food insecurity.

Why it matters: Ultimately, the humanitarian situation in Gaza is a pressing concern that requires immediate attention and concerted efforts from all stakeholders. Israel's expanded aid efforts represent a step in the right direction but there are need for sustained engagement and support to address the complex challenges facing the region. ( Read Deeper )

ENTERTAINMENT & SPORTS

Jennifer Lopez Cancels Several Tour Dates; Fans Seek Explanation

Jennifer Lopez, set to embark on her first tour in five years with "This Is Me…Now The Tour," has announced the cancellation of shows in seven cities, leaving fans disappointed and seeking clarification. According to Ticketmaster's website, Lopez's scheduled stops in Nashville, New Orleans, Raleigh, Atlanta, Houston, Cleveland, and Tampa have been canceled. The website indicates that the event organizer has called off the shows, with refunds automatically processed for ticket holders. However, the reason for the cancellations remains undisclosed. ( Read Deeper )

Atletico Madrid Stuns Inter Milan in Champions League Thriller

Atletico, trailing by a single goal from the first leg, faced a daunting task when Federico Dimarco netted for Inter at the Estadio Metropolitano. However, Antoine Griezmann swiftly equalized for the hosts, setting the stage for an intense battle. Substitute Memphis Depay delivered a crucial goal three minutes before the end of regular time, leveling the tie at 2-2 and pushing the game into extra time. The deadlock persisted, leading to a nail-biting penalty shootout. ( Read Deeper )

PODCAST(WHAT WE ARE LISTENING TO)

Struggling to make your mark in the world of entrepreneurship? Wondering if diving into the realm of artificial intelligence (AI) could give your business the boost it needs? ( Listen )

EXTRA BREVITI

• The United States House of Representatives has passed a bill that would compel ByteDance, the Chinese tech company that owns TikTok ( Read More )

• Cypher, a leading provider of advanced robotics solutions, has announced the launch of its latest innovation: an inventory drone designed to operate from an autonomous mobile robot (AMR) base. ( Read More )