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    pennywise it clown

    Hollywood loves adapting Stephen King stories.

    He has a knack for crafting simple premises — what if you woke up and had psychic powers? What if your car had a mind of its own? — and taking them horrifying places.

    Not all of them are worth watching, as Will Leitch and Tim Grierson wrote in their definitive ranking of 40 Stephen King movie adaptations for Vulture. But some of them rank among the best works Hollywood has ever produced.

    This year is shaping up to be one of King's signature years. His "It" was recently adapted into an acclaimed horror movie. "The Dark Tower" was adapted into a, let's say, less-than-acclaimed one. "Mr. Mercedes" just ended a single-season run on the Audience network. Hulu will air a "Castle Rock" anthology series sometime early next year. Netflix recently released a well-reviewed adaptation of "Gerald's Game" and, on October 20, it will release an adaptation of his novella "1922."

    Oh — and he writes, too! In fact, he just released a novel written with his son Owen, called "Sleeping Beauties." His other son, who writes under the pen name Joe Hill, is also a much-loved horror novelist.

    With everything King has going on, it's a good time to dive into the movies and TV shows based on his work.

    See below for our picks for the 15 best TV and movie adaptations based on King's work.

    15. "Under the Dome" (2013-2015)

    After "The Stand" (a movie adaptation is in development hell; the TV adaptation hasn't aged well) and "It," King's novel "Under the Dome" is his longest. It was adapted into a TV show over three seasons on CBS. The enthusiasm from critics waned as the season went on, but the first incredible season alone makes it worth the watch.

    14. "The Mist" (2007)

    When it was announced that Frank Darabont planned to direct another Stephen King adaptation, fans freaked out. His "Shawshank Redemption"ranks among the most beloved movies ever made, and "The Green Mile" has its fans as well. A movie about a creepy mist that attacks a small town would be a new challenge.

    "The Mist" proved itself a love-it-or-hate-it movie. Itc split fans and critics, with a 72% rating on Rotten Tomatoes. Some were miffed by an altered ending, but most people relished the terror.

    13. "Christine" (1983)

    Not all critics loved it in its release, but the John Carpenter-directed "Christine" has turned into a cult classic. It's a high school movie about a sentient Plymouth Fury that goes nuts and tries to kill its owner.

    See the rest of the story at Business Insider

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    Donald TrumpWelcome to Finance Insider, Business Insider's summary of the top stories of the past 24 hours. Sign up here to get the best of Business Insider delivered direct to your inbox.

    The stock market doesn't revolve around Donald Trump, regardless of what the president tries to claim.

    Sure, politicians and their supporters like to take credit for good news, no matter where it comes from. And it's true that Trump inspired a rally immediately after the election — something Business Insider noted in a recent assessment of the president's market proclamations — but for the past several months, other factors have lifted stocks to all-time highs.

    Business Insider spoke with the managers of three multibillion-dollar funds, and they all say the so-called Trump bump has faded. While they think any tax plan that Congress passes could renew the president's influence on stocks, they credit the records to factors outside the president's control.

    And interestingly enough, they each provided a different reason, which speaks to the fact that a great deal is going right for the US market outside Trump.Here's what they had to say

    Trump has indicated he is close to making a decision on arguably his most powerful economic appointee: the next chair of the Federal Reserve. Here's what you need to know about his final five candidates for Fed chair. 

    In Wall Street news, a fund chief at $2.6 trillion giant State Street says America's hottest investment product is warping the stock market. And American Express' CEO is stepping down.

    In fintech, Betterment, the investing startup that's attracting $12 million a day, is now valued at $1 billion in private market trading. Startup Tezos raised $232 million issuing a new digital currency, but now key players are fighting. And we asked cryptocurrency experts to respond to Jamie Dimon's bitcoin bashings — here's what they said.

    In deal news, Google's parent company just led a $1 billion investment into Lyft — valuing it at $11 billion. An Alibaba-backed fintech company founded by a 34-year-old just had an amazing IPO. And MongoDB skyrocketed 30% on its first day of trading.

    In London, police are raiding offices after people lost £18 million to "boiler room" scams. London Stock Exchange CEO Xavier Rolet — one of the City's loudest voices on Brexit — is to step down at the end of 2018. And Goldman Sachs CEO Lloyd Blankfein trolled the UK on Twitter.

    Thirty years ago, the Dow Jones industrial average plunged by 22.6% — a gut-wrenching 508 points — to 1,738.74 on what is now referred to as Black Monday. Here's what you need to know:

    And in other markets news and views:

    Lastly, the country's most elite boarding school has an Instagram that's like "Humans of New York" crossed with a J.Crew catalog

    Join the conversation about this story »

    NOW WATCH: THE RAY DALIO INTERVIEW: The billionaire investor on Bridgewater’s 'radically transparent' culture and how to bet on the future

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    Carson Wentz

    The NFL season is now in Week 7, and the computers are picking their winners for every game.

    We took a look at two popular systems used to pick NFL games: Cortana, Microsoft's digital assistant, and Elo, the modeling system used by Nate Silver's FiveThirtyEight.

    In both cases, the computers are picking outright winners and not against the spread. However, each gives a likelihood of a team's winning, which, in theory, could help measure the strength of certain lines.

    The two models have struggled in recent weeks with a lot of underdogs winning outright in the NFL. ELO went just 6-8 in Week 6 and has the overall lead at 55-36 (60%). Cortana was even worse at 5-9 and is now four games back at 51-40 (56%) overall.

    Here are the picks for Week 7, with each model's percent chance of winning in parentheses. Games in bold are where the two models disagree on who has the best chance to win. Point spreads are just for reference, via Vegas Insider as of Thursday morning.


    • Kansas City Chiefs (-3) at Oakland Raiders — CHIEFS (Elo 67%, Cortana 67%)


    • Tennessee Titans (-6) at Cleveland Browns — TITANS (Elo 68%, Cortana 78%)
    • Jacksonville Jaguars (-3) at Indianapolis Colts — COLTS (Elo 55%), JAGUARS (Cortana 64%)
    • Cincinnati Bengals at Pittsburgh Steelers (-5.5) — STEELERS (Elo 72%, Cortana 63%)
    • Baltimore Ravens at Minnesota Vikings (-5.5) — VIKINGS (Elo 68%, Cortana 64%)
    • New York Jets at Miami Dolphins (-3) — DOLPHINS (Elo 65%, Cortana 55%)
    • Tampa Bay Buccaneers at Buffalo Bills (-3) — BILLS (Elo 67%, Cortana 51%)
    • Carolina Panthers (-3) at Chicago Bears — PANTHERS (Elo 61%, Cortana 63%)
    • New Orleans Saints (-4.5) at Green Bay Packers — PACKERS (Elo 63%), SAINTS (Cortana 67%)
    • Arizona Cardinals at Los Angeles Rams (-3) — CARDINALS (Elo 53%, Cortana 53%)
    • Dallas Cowboys (-6) at San Francisco 49ers — COWBOYS (Elo 73%, Cortana 65%)
    • Seattle Seahawks (-5.5) at New York Giants — SEAHAWKS (Elo 54%, Cortana 79%)
    • Denver Broncos at Los Angeles Chargers (-1) — BRONCOS (Elo 55%), CHARGERS (Cortana 55%)
    • Atlanta Falcons at New England Patriots (-3.5) — PATRIOTS (Elo 68%, Cortana 58%)


    • Washington Redskins at Philadelphia Eagles (-4.5) — EAGLES (Elo 69%, Cortana 66%)

    SEE ALSO: NFL POWER RANKINGS: Where all 32 teams stand going into Week 7

    Join the conversation about this story »

    NOW WATCH: How to train a falcon — according to a falconer at Medieval Times

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    Two Air Berlin pilots decided to "make a mark" by flying low over an airport and buzzing by the control tower, sparking an FAA investigation. Following is a transcript of the video.

    This plane flew incredibly close to a control tower. The stunt was pulled off by two pilots during an Air Berlin flight.

    The Airbus A330 was returning to Germany from Miami, and 200 passengers were on board at the time. It was one of the last flights for the bankrupt airline.

    The plane was supposed to make a standard landing, but the two pilots decided to "make a mark." Instead of landing, the plane made a low pass over the airport.  It buzzed right by the control tower.

    Pilots are only allowed to abort landings for safety reasons. Witnesses at the airport thought the plane was about to crash.

    The stunt triggered an FAA investigation and both pilots have been suspended, but a German watchdog wants an explanation from Air Berlin.

    Lufthansa bought large parts of Air Berlin for $247M. The airline will fly its final short flights later this month, but this stunt may keep them in headlines for a bit longer.

    Join the conversation about this story »

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    In early September, Amazon announced that it plans to build a $5 billion campus, dubbed HQ2, and bring 50,000 jobs to an undetermined North American location. 

    At least 50 cities in the United States and Canada are expected to submit proposals for sites they believe would be the best fit for the e-commerce giant. 

    For some cities, the offer sounds too good to pass up. Many are offering generous tax incentives and opportunities to develop huge swaths of land to the company.

    Here are some of the most ambitious sites that cities are proposing for HQ2:

    SEE ALSO: Austin, Texas is most likely to get Amazon's $5 billion headquarters, according to the data

    Chula Vista, California — an 8 million-square-foot site near the US-Mexico border that would include "the world's first binational university"

    Chula Vista, a city 10 miles outside of downtown San Diego, California, promises to give Amazon 8 million square feet of space next to a larger redevelopment project.

    Called "Millenia," the 20-year project calls for 11 new neighborhoods that will house approximately 60,000 new residents, according to the city. The plan mostly focuses on new housing, though it also includes a giant office park, more retail space, and a hotel.

    The city's proposal, called "Welcome Home Amazon," also calls for the creation of "the world's first binational university" near Amazon's headquarters — which would have campuses in both California and Mexico.

    Millennia will be completed whether or not the company comes. If Amazon picks Chula Vista, the deal will also include a $400-million tax incentive package.

    McKinney, Texas — a 2,500-acre development for 30,000 people

    The North Texas area is proposing several sites for Amazon's HQ, including one that would include a 2,500-acre planned district in McKinney, Texas, according to Dallas News.

    Located around 35 miles outside Dallas' downtown, McKinney wants to entice Amazon to a $300 million mixed-used development called Honeycreek. The first section, which will include 313 acres of single-family residential units, commercial, and retail development, is set to open in 2019.

    The project is expected to house 30,000 people, and include two lakes, 300 acres of green space, farmers markets, a 200-acre office park, and commercial space.

    Dallas, Texas — a development surrounding a proposed station for a $15 billion bullet train

    Developers from the firms Matthews Southwest and Texas Central Partners are pitching a transit-oriented development for Amazon's HQ2 campus, according to the Dallas Business Journal. It would surround a proposed station for a bullet train, which Dallas magazine reports is expected to cost $15 billion. If approved by the city, the 240-mile line will transport passengers from Houston to Dallas in 90 minutes.

    Houston Mayor Sylvester Turner has formally expressed support for the train plan, which is likely to happen with or without Amazon. Developers hope to start construction on the development by late 2018.

    See the rest of the story at Business Insider

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    Netflix has a new sleeper hit that you've been missing. It's called "American Vandal," and it's outrageously good. 

    American Vandal

    "American Vandal" is essentially "Making a Murderer," but about a fictional high school where a crime was committed. The crime, however, was spray-painting 27 cars in the faculty parking lot with the same repeated image: a cartoon penis. 

    You'd think a fake documentary about genitalia graffiti would be too ridiculous a premise. That's what I thought! I was wrong.

    SEE ALSO: Netflix satirizes itself with 'American Vandal,' a mockumentary about true-crime obsession and shows like 'Making a Murderer'

    "American Vandal" takes its stupidity very, very seriously.

    On paper, an eight-episode fake documentary series about a dumb high school vandalism sounds ridiculous. It is ridiculous, but "American Vandal" manages to make the investigation as intriguing as the very thing it mocks: Shows like "The Jinx" and "Making a Murderer," and podcasts like "S-Town" and "Serial."

    The reason for that is because it treats the situation at hand — a hilarious juvenile image spray-painted identically on 27 cars — as seriously as a real murder case.

    "In a way this is a four-hour d--- joke," series co-creator Dan Perrault told Vanity Fair in an interview last month. "But in a more general sense, it’s basically taking very silly things and treating them extremely seriously."

    That ethos is evident right from the jump, which features a splashy intro and an interview with the main suspect: Dylan Maxwell.

    Not only is "American Vandal" a fake documentary about a high school vandalism, but many of its characters — including the fake documentarians themselves — are high schoolers.  

    Dylan Maxwell, above, is considered the senior class clown by his fellow students. He's notorious for drawing cartoon penises all over his high school. A montage, supposedly pulled from social media videos and YouTube, shows Maxwell humping a piñata. 

    His first interview for the documentary opens the show, intercut with footage from the local news about the vandalism and brief interviews with other students. The news report says it could be upwards of $100,000 in damages. His fellow students think it's obvious who's responsible. He's facing expulsion, and potential criminal charges.

    American Vandal

    Maxwell, of course, claims innocence. And he doesn't know who did it. "It's super f---ing funny, so that's all chill," Maxwell says. "But letting me get expelled for something I didn't even do? It's just suuuuch a b---- move."

    This is the tone of "American Vandal": deadly serious about something very dumb.

    "American Vandal" is full of amazing little details that make it feel incredibly real.

    The show is produced "In Association With The Hanover High School TV Department," and it's executive produced by "Mr. Baxter" (a teacher at Hanover High). 

    That said, the production values are just as high as any of the big name docs out there.

    There are 3D re-creations of events, for instance, but the tactic is used in "American Vandal" as a means of exploring whether or not an average-looking guy hooked up with an especially pretty lady, for example.

    American Vandal

    "American Vandal" does a remarkable job of working within the boundaries it sets for itself. The documentary's production team are friends, and they're interviewing teachers who they may or may not have classes with. That might mean one of the crew members mysteriously drops out of an episode or two, for instance.

    It sounds sitcom-y, but it plays out in a shockingly mundane way that's far more comparable with real high school life. Some of the "evidence" revealed throughout the course of the show results in real issues — like parents finding out how many times their teens had hooked up, for instance. The relationships aren't overdramatized or played up for dramatic effect. It's the same awkward nonsense you remember from high school, but more charming.

    See the rest of the story at Business Insider

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    ptv vs trad

    This is a preview of a research report from BI Intelligence, Business Insider's premium research service. To learn more about BI Intelligence, click here.

    The TV ad industry is one of the largest ad segments in the US — and it's ripe for digital disruption. The first TV commercial aired in the US in 1941, and it featured an ad for Bulova watches during a Brooklyn Dodgers baseball game.

    While there have been advancements in TV ad buying since Bulova’s commercial, the audiences that TV commercials target are still based on broad demographic data, like age and gender, and are aimed at maximizing reach. Although TV ads remain highly effective, targeting can be greatly improved by introducing more digital data into the mix.

    Digital display advertising was disrupted by programmatic technologies because of the operational efficiencies gained from automating manual processes. But TV is a completely different animal. The TV advertising space is entrenched in traditional processes that largely depend on direct negotiations between ad buyers and sellers. By incorporating more data, TV advertisers can fine-tune their targeting beyond broad consumer groups, and potentially see higher returns on their ad spend.

    But the way consumers watch TV content is changing, and data collection is getting more expansive. Disrupting an ad industry with a history spanning over eight decades will be a significant hurdle for programmatic TV (PTV) adoption.

    A new report by BI Intelligence explores the drivers of programmatic TV adoption and the value advertisers and TV companies can derive from hyper-targeted audiences. It also highlights the key differences and similarities between programmatic TV and digital display, and assesses several potential barriers to PTV adoption. 

    Here are some of the key takeaways from the report:

    • Programmatic TV is a small, but growing opportunity. PTV is still in very early days, with ad spend reaching an estimated $1 billion in 2016, just over 1% of traditional TV’s $73 billion.
    • Precise targeting is what will drive more PTV adoption. Unlike in digital display advertising, where the promise of programmatic is tied to increased efficiency through automation, PTV’s value proposition is tied to better targeting.
    • Programmatic is slowly infiltrating the upfront process for primetime buying. More networks are providing tools for advertisers to incorporate advanced data targeting with premium upfront buys.
    • There are several barriers for PTV adoption. Some TV execs are worried that incorporating programmatic trading of TV inventory can potentially devalue their stores. 

    In full, the report:                                        

    • Forecasts US programmatic TV ad revenue through 2021.
    • Highlights the top beneficial attributes of PTV.
    • Explores some of the top barriers and challenges to PTV adoption, including measurement hurdles and fears around commoditizing TV inventory.
    • Outlines strategies some networks are taking when incorporating PTV in their upfront offerings.

    Interested in getting the full report? Here are two ways to access it:

    1. Subscribe to an All-Access pass to BI Intelligence and gain immediate access to this report and over 100 other expertly researched reports. As an added bonus, you'll also gain access to all future reports and daily newsletters to ensure you stay ahead of the curve and benefit personally and professionally. » Learn More Now
    2. Purchase & download the full report from our research store. » Purchase & Download Now

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    bigraphics thumb3

    Introducing the Rising Stars in Asset Management age 35 and under.

    We scoured our contacts for ideas on who we should include, receiving recommendations from bosses, colleagues, recruiters and others working in the asset management industry. The editors made final decisions.

    We've included people with a variety of roles and experiences, from companies including D.E. Shaw, State Street, Fidelity, BlackRock, Bridgewater, Point72, Millennium, AllianceBernstein, Och-Ziff, and Vanguard.

    Some have risen to senior roles within established firms. Take Karen Karniol-Tambour, 32,who oversees research and about 100 staffers at Bridgewater Associates, the world's largest hedge-fund firm with $160 billion. We've also included Eric Evans, a 26-year-old director of research at Weiss Multi-Strategy Advisers, a New York hedge fund.

    Others have put up particularly strong numbers. Brian Lempel, 35, who manages about $12 billion at Fidelity, was up about 44% in his portfolio for the first half of this year.

    Others have embarked on launching their own companies, like Fahmi Quadir, 27, who, after making an impressive short bet on Valeant, is launching a short-selling-focused hedge fund, Safkhet Capital.

    We came across many talented people, and this list is by no means comprehensive. To be eligible, we asked that nominees be based in or around the New York area, age 35 or under, and distinguished in some way from the pack.

    Eric Evans, 26, Weiss Multi-Strategy Advisers

    Evans, 26, is head of research and an investment analyst at Weiss Multi-Strategy Advisers, a hedge-fund firm in New York that manages more than $1.8 billion.

    Evans was appointed head of research at age 25, in April 2016. His responsibilities include leading process enhancement and the cost-management effort at the firm. That includes figuring out how to make the investment teams work more efficiently, developing tools that help the firm monitor skills and behavioral biases.

    Evans also manages relationships with more than 100 counterparties that work with Weiss.

    As an investment analyst, Evans focuses on investing in energy stocks and derivatives, one of several sectors Weiss invests in. Evans got his start at the firm as a summer intern ahead of his senior year of college at the University of Florida. He worked at Citi as an analyst in leveraged finance before moving back to Weiss.

    A Miami native, Evans holds a bachelor's and master's degree in finance from the University of Florida, which he completed in four years.

    Fahmi Quadir, 27, Safkhet Capital

    Quadir, 27, is launching a short-selling-focused hedge fund, Safkhet Capital. The fund, which is targeting a $200 million soft close for next year, will focus on betting against fraudulent companies.

    Quadir previously worked at Deallus Consulting, where she did investigative work for pharmaceutical clients. One of the companies she came across was Valeant Pharmaceuticals, which became valuable when she moved to hedge fund Krensavage Asset Management as an analyst. There, she initiated a short position on Valeant in June 2015 and continued to press as her conviction increased, leading to major gains for the fund as the stock plummeted.

    Quadir holds a bachelor's degree in math and biology from Harvey Mudd College.

    Jesse Reinherz, 27, Millennium Management

    Reinherz, 27, is a stock-focused portfolio manager at Millennium Management, a $35 billion New York-based hedge-fund firm. He focuses on consumer and tech investing.

    Reinherz joined Millennium earlier this year, and is one of the youngest portfolio managers in the firm's history. He previously was a senior investment analyst at Moore Capital, and worked on the sell side at Stifel, where he covered the beverage sector.

    He holds a bachelor's degree in economics and math from Boston University.

    See the rest of the story at Business Insider

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    LeBron James jersey tear

    As the 2017-18 NBA season tips off this week, many players will make their debut with new teams after one of the wildest offseasons in the history of the league.

    But one of the biggest changes in the league has not just one player switching jerseys, but every player, as the NBA ended their partnership with Adidas and made Nike their official outfitter. According to ESPN's Darren Rovell, the eight-year deal was worth approximately $1 billion.

    The new jerseys came out to much fanfare, with every team releasing a new look with a Nike swoosh (or Jordan Jumpman logo in the cast of the Hornets), and many teams featuring corporate sponsorship for the first time. Nike was also quick to do away with the much-maligned sleeved jerseys that fans and players alike largely disliked.

    But while there were many things to like about Nike's new jerseys, they have already showed that they have a major flaw — they rip a little too easily.

    On opening night, LeBron James' jersey tore straight down the back, right between the numbers. The tear came after Jaylen Brown defended James and grabbed at his back.

    In other circumstances, the tear could've been chalked up to an unfortunate accident, but between the massive investment Nike recently made in getting the jersey rights, and the fact that the tear happened on the back of Nike's most high-profile spokesman LeBron James, the whole event played out as something of a nightmare for Nike PR.

    Nike did not comment publicly, Rovell also reports that executives within the company were as he put it, "extensively reviewing why the back of LeBron James' jersey split down the middle on Tuesday night."

    Heading into the season, Nike was confident in how the new jerseys would perform, saying that they'd wick sweat 3 percent faster than their Adidas counterparts with the help of a combination of recycled polyester and what the brand called "Alpha Yarns."

    Now, it's possible that the materials making up the jersey are a part of the problem, although select college teams did wear similar jerseys last season from Nike and had no tears of this nature.

    While this tear was a particular nightmare because happened in primetime on national television to a high-profile player, it was not the first time the new jerseys have come apart during their brief stint of in-game action — during the preseason, Lakers' guard Tyler Ennis' jersey tore around the numbers.

    Basketball fans on Twitter were quick to notice the tear, and make their jokes accordingly.

    It is still early, but if problems like this persist, Nike may have to make adjustments to the way they construct their jerseys. At the very least, it's not the type of publicity the brand was hoping for this early into their NBA debut.

    That said, LeBron's torn jersey will still be put to good use — the league announced before the start of the season that some game-worn jerseys would be auctioned off in order to raise money for hurricane relief, and the tear in the back of James' jersey makes it quite a unique souvenir.

    As of Thursday afternoon, the bidding for James' jersey had already cleared $10,000.

    SEE ALSO: NBA stars offered prayers and support after Gordon Hayward's horrific injury

    Join the conversation about this story »

    NOW WATCH: Watch LeBron James defend calling Trump a bum on Twitter

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    Cisco CEO Chuck Robbins

    • Cisco is acquiring machine learning startup Perspica.
    • Perspica will be combined with AppDynamics, an application performance monitoring company that Cisco acquired in January for $3.7 billion.
    • The hope is that Perspica's AI will help AppDynamics work faster and better across the complex IT setups that are common at most companies today. 

    Cisco on Thursday announced its intent to acquire a machine learning and data startup called Perspica. The San Jose-based Perspica team will join the existing crew at AppDynamics and the products will ultimately be merged into one. 

    Cisco didn't say how much it paid for Perspica but the startup had raised $8.5 million, according to Crunchbase.

    Cisco sent ripples through the enterprise market in January when it acquired AppDynamics in January at the premium price of $3.7 billion — the night before the startup was set to hold its initial public offering (IPO).

    AppDynamics does application performance monitoring — Silicon Valley speak for a program that makes sure a website or cloud software is running well for customers. 

    Perspica's specialty is machine learning and data science, which Cisco plans to use to make AppDynamic's existing monitoring system better and faster. The goal is to use artificial intelligence to catch problems quicker. 

    "Ultimately, it will enable us to deliver our vision for the future of performance that is infinitely scalable and ridiculously fast to keep pace with developments in the enterprise,"wrote Bhaskar Sunkara, chief technology officer and senior vice president of product management at AppDynamics. 

    Both acquisitions are part of an overall strategic shift at Cisco, led by CEO Chuck Robbins, to move the company away from dependence on its hardware business, and into the software space.

    "There's been a lot of opinion out in the world that infrastructure companies like Cisco have to move away from hardware, and they're embracing that strategy," said Greg Young, a research vice president at Gartner. "For large established companies like Cisco, we see them having trouble being agile. So bringing in startups around hot areas like AI is a good sign."

    Perspica, incidentally, is Cisco's 200th acquisition ever, and its seventh in 2017. (It's very first acquisition was of the switching company Crescendo Communications in 1993.) 

    This is also not Cisco's first foray into artificial intelligence.

    In May, Cisco acquired MindMeld, a platform for developing human-like conversational interfaces across applications. The company also announced a new set of switches and software in June which it claims can detect malware in encrypted files — a problem previously thought to be unsolvable. The switches and software use machine learning to search through data for telltale signs of malicious software.

    SEE ALSO: Cisco thinks it’s solved an “unsolvable” encryption security challenge

    Join the conversation about this story »

    NOW WATCH: The 5 best hidden features from the latest iPhone update

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    suns fastbreak

    The NBA regular season kicked off this week, and amid exciting plays and brutal injuries, perhaps the most talked-about clip thus far is a mesmerizing fastbreak by the Phoenix Suns.

    In the first quarter, Suns guard Eric Bledsoe picked off a pass from Portland Trail Blazers guard Pat Connaughton.

    The Suns all began racing down court the other way, but it had an odd symmetry, as all five players began running at the exact same moment.

    Watch the play below:

    Perhaps the highlight only looks as mesmerizing as it does because all five players first stepped with their left foot. Either way, the resulting play looked like a glitch in a video game.

    Unfortunately, it didn't help the Suns — they lost 124-76, the largest loss on opening night in NBA history. 

    SEE ALSO: NFL POWER RANKINGS: Where all 32 teams stand going into Week 7

    Join the conversation about this story »

    NOW WATCH: I went on the Tom Brady diet and workout plan and it changed my life — here's what it was like

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    CAR-T patient

    • The FDA approved a second gene therapy to treat cancer, called Yescarta.
    • The therapy works by taking a person's own cells, reprogramming them, and inserting them back into the body to fight the cancer — in this case, certain forms of blood cancer.
    • This second approval could have a bigger impact than the first, because it could be used treat more than 10,000 adults a year, whereas the original approval could only impact a few hundred a year. 


    A wave of new cancer treatments that reprogram a person's own cells to fight cancer is gaining momentum.

    On Wednesday, the FDA approved Yescarta, which treats a type of blood cancer called aggressive B-cell non-Hodgkin lymphoma.

    The highly personalized cancer treatment is a type of CAR T-cell therapy (CAR is short for chimeric antigen receptor). It was the second of such treatments to get approved following the August approval of Kymriah, which was approved to treat pediatric acute lymphoblastic leukemia in people up to age 25.

    But Wednesday's approval could up being a much bigger deal, in large part because the drug is approved in adults.

    Dr. Fred Locke, an oncologist and researcher at Moffitt Cancer Institute in Tampa, Florida, estimates that there are more than 10,000 adults who might benefit from these treatments, whereas the pediatric approval was initial geared for only about 600 patients a year. Moffitt has been working with CAR-T since 2015, helping run clinical trials for Kite Pharma, the company that developed Yescarta that has since been acquired by Gilead Sciences

    Novartis, the company that makes Kymriah, is also working to get the drug approved in an aggressive form of lymphoma in adults, which could introduce some competition into the adult market. 

    That competition could help drive down prices, as the one-time treatments don't come cheap. Yescarta has a list price of $373,000, which is lower than Kymriah's $475,000 price tag. Because not everybody with these advanced forms of cancer respond to the treatment, if patients don't respond to Kymriah within a month, the patient doesn't have to pay for it. Yescarta did not make the same arrangement.

    How CAR-T cell therapy works

    Yescarta and Kymriah aren't your run-of-the-mill pill — or even a biologic drug, like insulin — that can be mass produced. Since the therapy is made from a person's own immune system, the process can take about three weeks.

    • To start, a doctor removes some white blood cells, the part of our body's immune system responsible for combatting infections and foreign substances, from a patient. In a healthy body, the immune system can recognize abnormal, cancerous cells, but for people with cancer, it doesn't recognize that the cells are spreading.
    • Then the cells are taken to a manufacturing facility at which point the cells are reengineered to recognize cancer cells and wipe them out.
    • Those reprogrammed cells are sent back and administered to the patient.

    How Car-T Therapy Works cancer

    While that's a one-time process, it's not the end of the road. Many experience cytokine-release syndrome, a response to the reprogrammed cells running loose in the body. The treatments can also cause neurotoxicity, which can lead to brain damage. The side effects can lead to high fevers and flu-like symptoms, and it can be life-threatening. 

    SEE ALSO: A cancer treatment that's part of 'a big new field of medicine' just got approved

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    Under Amazon's massive umbrella of businesses lies Amazon Prime, the paid membership program that provides members with access to a laundry list of benefits including free two-day shipping and unlimited access to Prime Video and Music. Since it first launched in 2005, the service has grown in leaps and bounds and successfully created a loyal customer base. According to Consumer Intelligence Research Partners estimates charted here by Statista, Amazon Prime gained 25 million paying members in only a year.

    CIRP also estimated that 63% of all Amazon customers are Prime members. Given that Prime members spend more on average than non-members ($1,300 a year versus $700 for non-members), this is great news for Amazon. The list of perks continues to add up, and in September 2017, 95% of Prime members reported they had no plans to cancel their membership. 

    10 19 2017 chart

    SEE ALSO: One chart shows how careless young Americans are with online passwords

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    patty murray lamar alexander

    • The bipartisan Alexander-Murray Obamacare stabilization bill debuted on Tuesday.
    • The bill's authors announced 24 co-sponsors in the Senate, 12 in each party.
    • GOP leadership, especially President Donald Trump, still needs to get on board for it to pass.

    The push to stabilize the Obamacare individual insurance exchanges is getting some key support in the Senate, but there is one major hurdle the bill must jump in order to pass.

    On Tuesday, Sens. Lamar Alexander and Patty Murray debuted their bipartisan stabilization package for the exchanges, which included both funding to support the marketplace and provisions to allow states some flexibility to customize their healthcare markets.

    The bill drew praise from many Democrats, including Senate Minority Leader Chuck Schumer, for shoring up the market and protecting consumers. More importantly, it also drew support from Republican members.

    In fact, Alexander announced that 11 other GOP senators will co-sponsor the legislation. They are:

    • Mike Rounds (SD)
    • Lindsey Graham (SC)
    • John McCain (AZ)
    • Bill Cassidy (LA)
    • Susan Collins (ME)
    • Joni Ernst (IA)
    • Lisa Murkowski (AL)
    • Charles Grassley (IA)
    • Johnny Isakson (GA)
    • Richard Burr (NC)
    • Bob Corker (TN)

    The mix includes moderates who were against the attempts by Republicans this past summer to repeal and replace Obamacare (Murkowski, McCain, Collins), the authors of the last attempt at repeal (Graham, Cassidy), and both senators from Iowa — a state that had its own waiver to stabilize the Obamacare marketplace denied by the Trump administration.

    Given the number of cosponsors, if all of the Democrats support the proposal and the bill is brought to the floor, it would have a filibuster-proof majority.

    There is one issue, however. The bill may never see the floor.

    Senate Majority Leader Mitch McConnell has been mum on the Alexander-Murray plans and other Republican leaders, including Senate Finance Chair Orrin Hatch and House Speaker Paul Ryan, came out against the bill after its release.

    Schumer told reporters that all 48 Democratic members would vote for the bill and urged McConnell to put the bill on the floor.

    "Now that a number of Republican Senators have come forward to support this sensible, bipartisan package, I strongly urge Leader McConnell to put it on the floor without delay," Schumer said. "If he does, it is virtually certain that it would pass."

    Perhaps, most importantly, however, would be support from President Donald Trump. The president has sent incredibly mixed signals on the bill over the past two days. Press Secretary Sarah Huckabee Sanders said Wednesday that as it stands right now Trump is not on board with the proposal. 

    What it would take for Trump to get on board is unclear, but Alexander told reporters that Trump called him on Wednesday night to encourage him to keep working on the bill.

    "So, I have great respect, as you know, for both of the senators that you mentioned and if they can come up with a short term solution," Trump said Thursday during a White House meeting with Ricardo Rosselló, the governor of Puerto Rico. "What I did say though is, I don't want the insurance companies making any more money... than they have to."

    If Trump comes out in support of the Alexander-Murray bill, it would go a long way in getting it passed.

    SEE ALSO: Trump's Obamacare changes are already causing chaos in the healthcare system

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    Consumer Demand for Digital Channels

    This is a preview of a research report from BI Intelligence, Business Insider's premium research service. To learn more about BI Intelligence, click here.

    Weighed down by a sluggish global economy, turbulent capital markets, and heavier regulation after the 2008 financial crisis, many big banks have scrimped on innovation.

    In doing so, they've failed to keep up with customers' embrace of and demand for all things digital and mobile. That's opened the door to a new breed of banks dedicated to delivering an optimal digital customer experience: digital-only "challenger banks," or "neobanks."

    These players' agile, modular, wholly digital systems let them adapt quickly to changing consumer demands and expectations, threatening incumbents. However, the big banks still have the edge in consumer trust. This gives legacy firms a window of opportunity to launch digital subsidiaries of their own to fend off the upstarts.

    In a new report from BI Intelligence, Business Insider's premium research service, we look at the features that make neobanks a distinct new competitor, the range of models they're adopting, and the regions in which neobanks are particularly flourishing. We also discuss the challenges neobanks still face, and the opportunity these obstacles present for incumbents to get ahead in the transition to digital banking.

    Here are some of the key takeaways:

    • Digital-only challenger banks, also called neobanks, focus on digital delivery channels, either online or mobile. They are dedicated to improving on incumbent retail banks’ weakest point — customer experience.
    • Now that customers have more options focused on a better user experience, incumbents are being forced to raise their game. Challenger banks are finding ways to deliver cutting-edge banking services to consumers, meaning incumbents no longer set the terms.
    • Neobanks' biggest challenge — winning consumer trust and users — is also incumbents’ best chance to fight back. They can use their brand recognition and trust to promote their own digital subsidiaries.
    • Challenger banks' emergence is about banking moving over to digital. The only question is who will win in the race to transition to this new landscape: independent players or incumbents’ digital subsidiaries.

    In full, the report:

    • Looks at the different business models neobanks are adopting to compete with incumbents.
    • Gives an overview of the neobank scene in different geographies.
    • Explains the biggest obstacles neobanks still face, and how they can navigate them.
    • Examines the opportunity big banks have to win the race to digital.
    • Discusses what the banking scene of the future will look like, and who might come out on top.

    Interested in getting the full report? Here are two ways to access it:

    1. Subscribe to an All-Access pass to BI Intelligence and gain immediate access to this report and over 100 other expertly researched reports. As an added bonus, you'll also gain access to all future reports and daily newsletters to ensure you stay ahead of the curve and benefit personally and professionally. >> Learn More Now
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    Eli J. Finkel, a professor at Northwestern University and the author of "The All-or-Nothing Marriage," explains three different ways you can strengthen your relationship.

    Eli Finkel: What can we do to make our marriage a bit stronger? Well, the "All-or-Nothing Marriage" perspective that I introduce in the book suggests that we have three options. 

    The first option is, we can say, "I really want this highly intensive sort of marriage, this extraordinary sort of marriage that is available today and I'm willing to work as much as it takes in order to make the marriage as strong as possible."  So that's extra time, that's extra attention to the relationship. 

    But that's not the only option, right? It may be that we have to young kids at home, or we're dealing with a medical emergency, or it's a slow-burning crisis at work.

    Are there other things we can do to strengthen the marriage? And the answer is yes, and I talk about two other options in the book. The first of which is, think about our partner's behavior in a different sort of way.

    For example, your partner does something neglectful,  forgets your birthday, shows up late, doesn't call when he or she is supposed to call. There are various ways we can think about that behavior. One of which is, "My partner is a jerk."

    And it turns out, research is clear on this point, that to the degree that you tend to be somebody who makes that sort of attribution or explanation for your partner's behavior, your marriage will struggle. 

    Instead, you have options to say, "Well, my partner probably had a difficult day," or "It probably wasn't my partner's fault at all, there was probably a traffic accident that led to the traffic," right? And these sorts of explanations are much more benign and much more relationship-friendly.

    There is a third option that I wish people would consider more seriously, which is, we can ask less. There is no rule that says you absolutely have to ask the following things of your marriage. And so, if you find yourself chronically disappointed in one element of your marriage, or in a subset of elements of your marriage, one of the really good ways to dealing with that is to think about, "Is it really essential that I try to meet this need in particular through the marriage?"

    There may be some cases where you say, "Yes, absolutely. There's no way I would ever want to meet this need through another person or on my own." But there are many things we look to our partner to help us meet that we could just as easily look somewhere else.

    And one of the best ways you can actually improve the marriage is to find those places of imbalance, find the places where the demands you are placing on the marriage are clearly exceeding the amount that the marriage can actually meet. Well, just take off some of the demands, especially in those cases.

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    e commerce forecast fixed

    This story was delivered to BI Intelligence "Payments Briefing" subscribers. To learn more and subscribe, please click here.

    JPMorgan Chase has agreed to acquire payment company WePay, marking the firm's first major acquisition of a fintech company, according to The Wall Street Journal.

    Chase plans to leverage WePay's technology — the fintech company provides payments-as-a-service APIs, which have been used by online marketplaces and crowdfunding websites, like GoFundMe and FreshBooks, for payment processing — to give its 4 million small business customers the ability to accept digital payments instantly and to get paid faster.

    For Chase, this is also an opportunity to push its products and services to a wider audience. In the payments space, software-enabled payments represent a major opportunity for providers — these payments are growing at four times the industry average — but integrating payments is no easy task, as security and regulatory requirements make for a friction-filled process.

    However, WePay's service makes it easier for players in the space, specifically independent software vendors (ISVs) and business app developers, to integrate payments into their own software with its APIs, which in turn could make Chase a more attractive option for these providers. It's also important to note that this latest acquisition could be a shift in strategy for Chase in how it handles fintech challengers.

    The payments industry is inundated with fintech challengers, putting increased pressure on traditional financial firms to react. 

    • Fintechs around the globe have seen increased interest, thanks to their ability to challenge legacy players in the financial space. Global fintech funding is growing at a rapid pace — for example, this funding hit $19 billion in 2015, but by mid-August 2016, funding had already reached $15 billion. This includes major investments from Chase — the bank has invested in a number of fintechs, including, LevelUp, OnDeck Capital, and Prosper. 
    • However, this acquisition by Chase could point to a strategy shift for traditional financial firms. Rather than just simply working with or investing in WePay, Chase decided to acquire the payment company for an estimated price north of $200 million. This gives the bank immediate access to the payment company's technology, consumer base, and knowledge — WePay is expected to operate as Chase's payments innovation incubator. More firms will likely adopt this same strategy, not only to ensure their position in the market remains unthreatened by fintechs, but also to keep pace with competitors that are scaling quickly with these acquisitions.

    Dan Van Dyke, senior research analyst for BI Intelligence, Business Insider's premium research service has written a detailed report that explores the digital payments ecosystem today, its growth drivers, and where the industry is headed. The report also: 

    • Traces the path of an in-store card payment from processing to settlement across the key stakeholders.  
    • Forecasts growth and defines drivers for key digital payment types through 2021.
    • Highlights five trends that are changing payments, looking at how disparate factors, such as surprise elections and fraud surges, are sparking change across the ecosystem.

    To get the full report, subscribe to an ALL-ACCESS Membership with BI Intelligence and gain immediate access to this report AND more than 250 other expertly researched deep-dive reports, subscriptions to all of our daily newsletters, and much more. >> Learn More Now

    You can also purchase and download the report from our research store.

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