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Telangana Chief Minister Revanth Reddy has honoured <keyword id="23309990" type="General" weightage="20" keywordseo="Paralympic-athlete" source="keywords">Paralympic athlete</keyword> <keyword id="20452398" type="General" weightage="100" keywordseo="Deepthi-Jeevanji" source="keywords">Deepthi Jeevanji</keyword> with a cheque of Rs 1 crore for her impressive <keyword id="20257145" type="General" weightage="20" keywordseo="bronze-medal" source="keywords">bronze medal</keyword> finish at the <keyword id="20420017" type="General" weightage="20" keywordseo="Paris-Paralympics" source="keywords">Paris Paralympics</keyword>. Her coach also received Rs 10 lakh in recognition of his contribution. The rewards were handed over at the Chief Minister’s residence in Jubilee Hills, in the presence of Sports Chairman Siva Sena Reddy and other officials, an ANI report said. Earlier this month, the Chief Minister had promised to ensure Deepthi would receive not only the Rs 1 crore reward but also a Group-2 government job and 500 square yards of land in Warangal. At Tuesday’s event, Deepthi and her coach expressed their satisfaction at the swift fulfilment of this promise. Deepthi’s achievement at the Paris Paralympics made headlines. Competing in the Women’s 400m T20 event, she finished third with a time of 55.82 seconds, behind Ukraine's Yuliia Shuliar, who won gold, and Turkey's Aysel Onder, who took silver. Despite falling behind in the final stretch, Deepthi’s performance was a proud moment for India, adding a bronze medal to the country’s tally. Her journey to the final was impressive as well. In the qualification round, she topped her heat in the Women’s 400m T20 Round 1 with a time of 55.45 seconds, setting her up as a strong contender. Ukraine's Yuliia Shuliar clocked her season-best in the same round, while Brazil's Antonia Keyla Da Silva Barros also performed exceptionally to qualify for the final. Deepthi’s rise in para-athletics has been rapid. She was first discovered by Sports Authority of India (SAI) coach N Ramesh in Hyderabad back in 2019. Since then, she has quickly established herself as one of India’s top athletes, joining the Khelo India programme in 2018 and becoming a part of the Target Olympic Podium Scheme (TOPS). Her success includes a gold medal at the Asian Para Games and another at the 2024 World Championship, where she broke the world record. At just 21, Deepthi has already made a significant impact in both the national and international sports scene. From winning medals at the Khelo India Youth Games to her recent bronze at the Paralympics, she has consistently demonstrated her talent and determination. (With ANI inputs)

Telangana CM Revanth Reddy awards Rs 1 Crore to paralympian Deepthi Jeevanji for bronze medal victory

The Paralympic Committee of <keyword id="19895063" type="General" weightage="20" keywordseo="India" source="keywords">India</keyword> (<keyword id="20557619" type="General" weightage="20" keywordseo="PCI" source="keywords">PCI</keyword>) vice-president <keyword id="22855884" type="General" weightage="20" keywordseo="Satya-Prakash-Sangwan" source="keywords">Satya Prakash Sangwan</keyword>, chosen as the Indian contingent's Chef-De-Mission for the <keyword id="20420017" type="General" weightage="20" keywordseo="paris-paralympics" source="keywords">Paris Paralympics</keyword> 2024, said that at least 25-30 <keyword id="19934348" type="General" weightage="20" keywordseo="medals" source="keywords">medals</keyword>, including eight to ten <keyword id="19895579" type="General" weightage="20" keywordseo="gold" source="keywords">gold</keyword> medals, are a target this time. After the sporting extravaganza that was the Paris Olympics, the sporting action will continue with the Paris <keyword id="20396851" type="General" weightage="100" keywordseo="Paralympics" source="keywords">Paralympics</keyword> from August 28 onwards. PCI on Tuesday announced the appointment of Satya Prakash as the Chef de Mission for the Indian Paralympic team for the competition. He brings with him over a decade of dedicated service and experience within the Paralympic movement. Speaking to ANI, Satya Prakash said, "This day is a historic one for me. I have been chosen as the Chef-De-Mission for the Indian contingent at the Paris Paralympics. I will fulfil this duty with great responsibility. I am thankful to PCI and the central government for considering me capable for this job." Noting the progress India has made over the years in the Paralympics, including four medals in 2016 and a massive 19 medals at the 2020 <keyword id="20830393" type="General" weightage="20" keywordseo="Tokyo-Paralympics" source="keywords">Tokyo Paralympics</keyword>, Satya Prakash said, "We are expecting at least 25-30 medals this time. We are expecting at least eight to ten gold medals. It would be a matter of pride for us. <keyword id="19929069" type="General" weightage="20" keywordseo="athletes" source="keywords">Athletes</keyword> have prepared really well. Whatever they needed, was provided to them. We hope they will make our country proud at global stage. We sent our athletes outside for their training, held camps all over the country. The preparation has been nice." He credited PCI chief coach Satyanarayana for providing great equipment, facilities, and preparation to the athletes. As Chef de Mission, Sangwan will lead India's largest-ever contingent of 84 para-athletes competing across 12 sports disciplines. His role will be pivotal in ensuring that the Indian team has the support and guidance they need to excel on the global stage. The position of Chef de Mission is a multifaceted role that requires leadership, mentorship, and strategic planning. Sangwan will be responsible for overseeing the seamless operation of the national delegation, fostering a positive and supportive environment, and inspiring the athletes to perform at their best. At 2020 Tokyo Paralympics, India won five gold medals, eight silver and six bronze medals, bringing home a record-total of 19 medals.

India expecting 25-30 medals, at least 8-10 gold in Paralympics: PCI Vice-President

Paris: Indian para-athlete <keyword id="20460399" type="General" weightage="20" keywordseo="Navdeep" source="keywords">Navdeep</keyword> expressed happiness at his <keyword id="20342188" type="General" weightage="20" keywordseo="gold-medal" source="keywords">gold medal</keyword> win at the Paris <keyword id="20396851" type="General" weightage="100" keywordseo="Paralympics" source="keywords">Paralympics</keyword> and opened up on his admiration for star javelin thrower and World Champion <keyword id="19968766" type="General" weightage="20" keywordseo="Neeraj-Chopra" source="keywords">Neeraj Chopra</keyword>. Navdeep's silver was upgraded to a gold medal after the initial winner, Islamic Republic of Iran's Sadegh Beit Sayah, got disqualified from the men's javelin F41 final at the Paris Paralympics on Saturday. Navdeep had initially finished second with a throw of 47.32 m, while Sadegh took the top honours with a Paralympic record of 47.64 m. Speaking to ANI, Navdeep, who started javelin throwing after being inspired by Neeraj, refused to be compared with India's Olympic gold medallist, saying, "I have been inspired by Neeraj, but I am not like him. He will always be my senior, and I cannot compare with him." On his medal win, he said, "It feels good that India could win the gold and when Paralympics were concluding, the national anthem was played. I am happy that medal tally has been concluded with a gold." Talking further about his win, Navdeep said that the coach gave him a target of 47 m to prove himself as a great javelin thrower to him and also recalled an episode of sportsmanship with the disqualified Irathlete Sadegh. "I had trained really well and analysed the track by talking to other players. I had gathered information about the track and talked to everything with my coach. Coach gave me a target to hit 46, but told me that I should hit 47, and he would consider me really great for that. When I got to know that the Iranian athlete was disqualified, I tried to console him and make him feel good. But I am happy to have got the gold," said Navdeep. He said that the medal was due to fine support from his family, the Sports Authority of India (SAI), the <keyword id="21310141" type="General" weightage="20" keywordseo="Olympic-Gold-Quest" source="keywords" meta.keywordsubtype="org" meta.entityname="Olympic Gold Quest" meta.hostid="261" meta.entityid="Olympic Gold Quest">Olympic Gold Quest</keyword> (OGQ), the central government, and the Athletics Federation of India (AFI). On talking with Prime Minister Narendra Modi after the medal win, Navdeep said, "I felt proud on talking with PM Modi. This produces a lot of motivation to do something so that we get to meet him again." The Indian contingent concluded its historic Paris Paralympics campaign with a total of 29 medals, including seven gold, nine silver, and 13 bronze medals, the most by the country in the history of the competition. With this landmark campaign, India has surpassed their previously most-successful campaign at Tokyo 2020 Paralympics, which gave them 19 medals, including five golds, eight silvers and six bronze medals.

Cannot be compared to Neeraj Chopra: India's Paralympics gold medalist Navdeep after Paris triumph

Paris: <keyword id="22739954" type="General" weightage="20" keywordseo="India-wrestler" source="keywords">India wrestler</keyword> <keyword id="21375924" type="General" weightage="100" keywordseo="Reetika" source="keywords">Reetika</keyword> Hooda stormed into the quarterfinals with a 12-2 technical superiority win in the women's <keyword id="22739955" type="General" weightage="20" keywordseo="76kg-freestyle" source="keywords">76kg freestyle</keyword> event at the <keyword id="20006192" type="General" weightage="20" keywordseo="Paris-Olympics" source="keywords" meta.keywordsubtype="org" meta.entityname="Paris Olympics" meta.hostid="261" meta.entityid="Paris Olympics">Paris Olympics</keyword>. Reetika dazzled in the bout, played on an aggressive note and got her grip around her opponent, Bernadett Nagy of Hungary. She brought down her opponent and got two points. While still in an attacking position, Reetika seized the opportunity and converted it into four. Bernadett tried to script a comeback after she got hold of Reetika's thigh and pinned her down to take two points. However, she failed to roll Reetika over and settled for just two points. Reetika retaliated with an aggressive move to take down Bernadett and take a 6-2 advantage. She earned consecutive points after getting a hold of Bernadett's stomach, flinging the Hungarian to her back. She put the final nail in the coffin by taking away the final two points to storm into the next round with a 12-2 win by technical superiority. Reetika will be in action later in the day against Kyrgyzstan's Aiperi Medet Kyzy. She will eye India's second medal in wrestling at the Paris Olympics. On Friday, Indian grappler Aman Sehrawat beat Puerto Rico's Darian Cruz to clinch the bronze medal in the 57 kg freestyle wrestling event. The 21-year-old Indian wrestler clinched a 13-5 victory over Puerto Rico's Darian Cruz to clinch the bronze medal. Aman brought India's first wrestling medal in his debut Olympic Games. Aman Sehrawat becomes the 7th Indian wrestler to medal at the Olympics. The Puerto Rican started with a dominating move by getting hold of Aman's single leg and taking him out of the blue zone to win the first point. However, Aman made a comeback and targeted Darian's shoulders to put him outside the blue zone to get two points. Darian Toi got hold of Aman's legs, winning two points and taking the lead.

Paris Olympics: India wrestler Reetika Hooda beats Bernadett Nagy, storms into quarter-finals in style

<keyword id="20425572" type="General" weightage="20" keywordseo="Balraj-Panwar" source="keywords">Balraj Panwar</keyword> finished fifth in the quarterfinals in men’s single Sculls. He clocked his personal-best timing of 7:05.10 but fell short by close to 11 seconds to qualify for the semi-finals. He will now further compete for the 13-24th place. Despite the disappointment on Tuesday, Balraj’s feat was nothing short of a miracle. Just four years ago when the world gathered at Tokyo for the <keyword id="19933819" type="General" weightage="20" keywordseo="olympics" source="keywords">Olympics</keyword>, he barely knew the sport and wouldn’t have even dreamt of participating in the next Olympics in Paris. <h2>Humble Beginnings</h2>Born in Kaimla village in <keyword id="19904807" type="General" weightage="20" keywordseo="Haryana" source="keywords">Haryana</keyword>’s Karnal district, Balraj Panwar's journey to the <keyword id="20006192" type="General" weightage="100" keywordseo="Paris-Olympics" source="keywords">Paris Olympics</keyword> is a serendipitous turn of events and a testament to his resilience. He came from humble beginnings and faced significant challenges early in life, including the loss of his father. To support his family, he sought a post in the <keyword id="19908736" type="General" weightage="20" keywordseo="Indian-Army" source="keywords" meta.keywordsubtype="org" meta.entityname="Indian Army" meta.hostid="261" meta.entityid="Indian Army">Indian Army</keyword>, unaware that this decision would lead him to become India's sole representative in <keyword id="20419957" type="General" weightage="20" keywordseo="rowing" source="keywords">rowing</keyword> at the 2024 Paris Olympics. Balraj's introduction to rowing came as late as in 2020 when a coach noticed his six-foot frame and suggested he try the sport. His dedication and natural talent quickly became evident, and by the end of the year, he moved to the Army Rowing Node for better training facilities. <h2>Rise to Prominence</h2>Despite a slow start in domestic competitions, Balraj's breakthrough came in 2023 when he won gold at the national championships. This victory secured his spot in the camp for the Asian Games, where he narrowly missed out on a medal, finishing fourth. This performance, however, gave him the self-belief needed to succeed on larger stages. In May 2023, Balraj secured his place at the Paris Olympics by winning bronze at the Asian and Oceanian Rowing Olympic Qualification Regatta in South Korea. <h2>Eyes on the finish line</h2>Balraj's preparations for the Olympics had been meticulous. He was coached by Bajrang Lal Takhar, who won India's first individual rowing Gold medal at the 2010 Asian Games held in <keyword id="20063751" type="General" weightage="20" keywordseo="Guangzhou" source="keywords">Guangzhou</keyword>. His target for the Paris Olympics was clear: to clock a personal best. And he did just that! Despite not advancing further, his journey from a small village in Haryana to competing at the Paris Olympics is a remarkable achievement. Nicknamed "<keyword id="19899524" type="General" weightage="20" keywordseo="MS-Dhoni" source="keywords">MS Dhoni</keyword> of Indian rowing" on the Olympics website, Balraj's story is one of relentless effort. As he readies for his next challenge, he carries the hopes of a nation and the promise of a bright future in Indian rowing. Also Read: <a href="https://www.businessinsider.in/tech/news/how-5g-technology-is-helping-curb-carbon-emissions-and-waste-at-the-paris-games/amp_articleshow/112115743.cms" data-type="tilCustomLink">How 5G technology is helping curb carbon emissions and waste at the Paris Games</a> <a href="https://www.businessinsider.in/sports/article/bite-sized-tradition-why-do-olympic-winners-bite-their-medals/articleshow/112097005.cms" data-type="tilCustomLink">Bite-sized tradition: Why do Olympic winners bite their medals?</a>

Paris Olympics 2024: Meet Haryana’s Balraj Panwar, who mastered the sport in just four years, only to miss semis by 11 seconds

<ul class="summary-list"><li>The West is seemingly divided over whether to allow Ukraine to strike targets deep inside Russia.</li><li>Ukraine is not allowed to use Western weapons to carry out deep strikes in Russia.</li></ul>As Ukraine pushes for more aggressive military strategies in its fight against Russia, its Western allies find themselves at odds over how far Kyiv should be allowed to go.Ukraine is still currently not allowed to use Western weapons to carry out <a target="_blank" class="" href="https://www.businessinsider.com/why-ukraine-is-striking-deep-inside-russian-territory-experts-2024-8">deep strikes within Russia</a>, despite the <a target="_blank" class="" href="https://www.businessinsider.com/russia-missile-attack-shows-us-must-drop-weapon-restrictions-ukraine-2024-8">pleas of Ukrainian President Volodymyr Zelenskyy</a>.But while the US and Germany remain reluctant to lift such restrictions, fearing provoking Russian President Vladimir Putin, the UK and France have been quietly pushing for that to change.<a target="_blank" rel=" nofollow" class="" href="https://www.telegraph.co.uk/news/2024/08/27/uk-backs-ukraine-use-storm-shadow-missiles-russia/">The Telegraph</a> and the <a target="_blank" rel=" nofollow" class="" href="https://www.ft.com/content/274d8994-c0fb-4f9b-8572-0ffb00b5de23">Financial Times</a> reported this week that the UK has privately been asking the US to give the green light to let Ukraine use its Storm Shadow missiles — known as SCALP missiles in France — on Russian soil.The FT said "well-placed" sources had told the publication that the UK government had sent a request to Washington and Paris earlier this summer asking that Ukraine be allowed to fire British Storm Shadows at targets within Russia. The outlet noted that Ukraine's use of the Storm Shadow may rely on US capabilities, potentially preventing the UK from unilaterally allowing it to use them.French President Emmanuel Macron has also expressed support for allowing Ukraine to strike Russian military sites with Western weapons."We have to allow [Ukrainians] to neutralize the military sites from which the missiles are fired, but not other civilian or military targets. We're not being escalatory by doing this," <a target="_blank" class="" href="https://www.politico.eu/article/eu-ukraine-russia-war-defense-military-vladimir-putin/">he said in May</a>.But the US nevertheless remains worried over the possibility of escalation should these missiles or its own ATACMS missiles be used on Russian territory.Maximilian Hess, a fellow at the Foreign Policy Research Institute, told Business Insider: "From the US standpoint, in particular, Jake Sullivan, the national security advisor, has repeatedly paid significant attention to Russia's stated red lines and sought to avoid treading over them," adding that this argument has been very influential on the administration's thinking.But Hess added that it was "pretty clear that Putin's supposed red lines on this stuff aren't really that red.""Just a few years ago, Russia was saying the US sending Javelin missiles to Ukraine for targeting helicopters would be a serious escalation," he said.Hess said he believed that privately, the UK and France would argue that the risks of potential escalation are hugely overblown and that the long-standing practice of Russia was to seek to intimidate the West into pulling back support.Kyiv is also keen to get its hands on the German-made Taurus missile, which has a 500km (around 310 miles) range — double that of the Storm Shadow. But Berlin has repeatedly refused to send them, echoing the US's fears of escalation. The US-made ATACMS has a range of around 300km (186 miles).<div type="image" title="Two Storm Shadow missiles just after they were dropped from a jet over brown fields." height="1548" width="2228" msid="112949168" hostid="261" sizebytes="70180"></div>Zelenskyy has long argued that the ability to hit targets deep within Russia is crucial to defend Ukraine."We need sufficient range to defend Ukraine from Russian missiles and guided aerial bombs, to prevent the transfer of Russian troops, and to counter the occupier's pressure on key frontlines," he said in August.Ukraine is particularly keen to target Russian air bases where aircraft used to drop missiles and glide bombs on Ukraine are stationed.But one unnamed Biden administration official told <a target="_blank" rel=" nofollow" class="" href="https://www.politico.com/news/2024/08/23/ukraine-biden-weapons-restrictions-00176210">Politico</a> earlier this month that Russia had moved targets out of range of Western-donated missiles like the ATACMS or Storm Shadow.An unnamed senior administration official added that "90% of the planes that launch glide bombs" from Russian airspace had already <a target="_blank" class="" href="https://www.businessinsider.com/ukraine-long-range-palianytsia-rocket-drone-hybrid-russia-war-2024-8">been relocated out of range</a> of those missiles, the report said.The Institute for the Study of War said that while it had "observed confirmation of redeployments of Russian aircraft," it did "not reduce the importance of allowing Ukraine to use ATACMS against hundreds of other Russian military objects."Despite the limits imposed by the West, Ukraine has still claimed some success in carrying out deep strikes in Russia using drones.In July, Ukraine said it had <a target="_blank" class="" href="https://www.businessinsider.com/ukraine-says-hit-tu-22m3-supersonic-bomber-deep-inside-russia-2024-7">struck a Russian Tu-22M3 supersonic bomber at Olenya airbase</a> in Murmansk, 1,100 miles inside Russian territory, while in May, Ukraine's Security Service said a long-range Ukrainian drone <a target="_blank" class="" href="https://www.businessinsider.com/ukraine-says-struck-oil-refinery-930-miles-into-russia-drone-2024-5">struck a Gazprom oil refinery roughly 930 miles away</a>.

Why the US and the UK are at odds about allowing Ukraine to strike targets deep inside Russia 

The sensational <keyword id="20241095" type="General" weightage="100" keywordseo="Manu-Bhaker" source="keywords">Manu Bhaker</keyword>'s dream of a grand treble went up in smoke after she lost the tie-shoot for <keyword id="20257145" type="General" weightage="20" keywordseo="bronze-medal" source="keywords">bronze medal</keyword> to Hungarian shooter <keyword id="22650177" type="General" weightage="20" keywordseo="Veronika-Major" source="keywords">Veronika Major</keyword> by the narrowest of margins in the women's 25m <keyword id="22654167" type="General" weightage="20" keywordseo="sports-pistol" source="keywords">sports pistol</keyword> event at the Olympic Games on Saturday. In a high-quality final, Bhaker gave it her all and was placed No.1 among eight shooters for a brief period, but she could not maintain her consistency and eventually finished. Nonetheless, the 22-year-old will return home with her twin bronze-medal feat in women's 10m air pistol and mixed team 10m air pistol, where she partnered with Sarabjot Singh. The affable Indian shot 28 in the final, to be tied at third place along with Veronika after the eighth series of five shots. The Indian missed two of the five shots to aggregate three points, while Veronika drilled in four bullets into the target to clinch the third spot, leaving Bhaker to pack up her kit and leave her firing station. Expectations were really high from Bhaker to bring home a hat-trick of medals given her awe-inspiring form. She stood up to the challenge even after slipping to sixth position early in the final. The first series was a disaster in which Bhaker missed three out of five targets, but gradually she cut down on the errors and bounced back in the second and third series, shooing two consecutive 'fours' to take her points tally to 10 going into the elimination round. The elimination round was topsy-turvy to say the least. Bhaker's chances waxed and waned until she took the top spot for a brief period in the seventh series (fourth elimination round). However, South Korea's <keyword id="22654169" type="General" weightage="20" keywordseo="jin-yang" source="keywords">Jin Yang</keyword> wrested back the top spot immediately, even as Bhaker slipped in ranks with three misses in the eighth round, which saw her slump from second spot to joint third with Veronika, on 28 points. The <keyword id="22618045" type="General" weightage="20" keywordseo="shoot-off" source="keywords">shoot-off</keyword> was nerve-jangling for both the markswomen, and Bhaker had three clear shots out of five on target, while Veronika had four. Bhaker's finish just outside the medal bracket once again brought to the fore the saga of fourth-place finishes for Indian shooters in the quadrennial showpiece. She joined the likes of <keyword id="22654168" type="General" weightage="20" keywordseo="joydeep-karmakar" source="keywords">Joydeep Karmakar</keyword> (men's 50m rifle prone, 2012 London), Abhinav Bindra (men's 10m air rifle, 2016 Rio) and Arjun Babuta (10m air rifle, 2024 Paris Olympics). Post event, Bhaker admitted she was a bit nervous during the 25m sports pistol final, where she finished fourth. "I got like really nervous about it, but again, I was trying my best to keep calm and to just try to do my best. But that was not enough," Manu said after the event. "It (Olympics) turned out to be very good for me, but well, there's always a next time so I'm already looking forward to the next one," she said. "I'm glad that I got two medals, but right now, I'm not very... well, fourth place is not a very good place," said Manu with tears in her eyes. Manu said she wasn't distracted by all the expectations around her and had completely switched off. "Honestly, I've been off the social media and I have not been checking my phone, so I don't know what's going on. But I just know that I was trying my best and I was trying to deliver a good performance," she said. "In most of the events I was able to (give a good performance), and in this one, I was not able to do as good. The moment my match was over, I was like, 'okay, the next time'," said Manu, already setting her sights on the 2028 Los Angeles Olympics. "There has been a lot of hard work going on backstage. Like I'm here -- what you see -- but like so many people have been working hard so that I can make it to the podium and so that India can win a medal," she said. "I am so happy that my entire team was there for me to support me throughout my journey," Manu added.

Heartbreak for Manu Bhaker as she misses out on grand treble at Paris Olympics

<ul class="summary-list"><li><a target="_blank" class="" href="https://www.businessinsider.com/disney-kid-problem-cable-tv-decline-disney-channel-watching-youtube-2024-7">Disney</a> is the latest big company to have its data leaked online.</li><li>Hacking group Nullbulge said it published internal Slack information from "almost 10,000 channels."</li></ul>An apparent leak has made messages, files, code, and other data from Disney's internal Slack public.A hacking group known as Nullbulge claimed responsibility for the leak in a blog post. In it, it said people could gain details on Disney's planned projects, some log-in information, and more, all taken from the company Slack messaging system.Nullbulge said it accessed "almost 10,000 channels" to dump "every message and file possible." The group remains anonymous but said its mission includes advocating for artist rights, The Wall Street Journal <a target="_blank" class="" href="https://www.wsj.com/business/media/internal-disney-communications-leaked-online-after-hack-b57baaeb?st=7v2b2my64y794ez&amp;reflink=article_copyURL_share">reported</a>. Business Insider couldn't verify Nullbulge's claims regarding the size of the hack.Disney artist contracts, "approach to AI," and "blatant disregard for the consumer" motivated the group to target the entertainment company, according to the Journal.The X account @NullBulgeGroup spent weeks posting about infiltrating Disney's Slack. One post from July 4 appears to show a dashboard with the daily attendance at Disneyland Paris. A Disney spokesperson told BI that the company is investigating the matter.Disney is the latest major corporation to experience a data leak in the past week. On Friday, <a target="_blank" class="" href="https://www.businessinsider.com/attt-hackers-stole-call-text-records-wireless-customers-2024-7">AT&amp;T said that hackers stole</a> "nearly all" of its customers' call and text records.An unidentified Nullbulge spokesperson gave the Journal some insight into why hackers might release data first and ask questions later."If we said, 'Hello Disney, we have all your Slack data,' they would instantly lock down and try to take us out. In a duel, you better fire first," the spokesperson said.

Disney's internal Slack message data leaked in latest hack targeting a major company

<ul class="summary-list"><li>This post originally appeared in the Insider Today newsletter.</li></ul>Welcome back! If you're like me, you might not eat the healthiest on weekends. But a dietitian highlighted some <a target="_blank" href="https://www.businessinsider.com/healthy-snacks-dietitian-eats-instead-of-ultra-processed-foods-2024-6">healthy snacks you can substitute for ultra-processed foods</a>.In today's big story, we're looking at <a target="_blank" href="https://www.businessinsider.com/artificial-intelligence-is-coming-for-venture-firms-2024-6">how AI could completely upend venture capitalism</a> amid <a target="_blank" href="https://www.businessinsider.com/venture-capitalism-funding-market-contraction-scott-stanford-acme-2024-6">a wider shakeup for the industry</a>.What's on deck:<ul><li>Markets: Bobby Jain's highly anticipated hedge fund is <a target="_blank" rel="noopener" href="https://www.businessinsider.com/bobby-jain-global-hedge-fund-launch-2024-6">finally ready for primetime</a>.</li><li>Tech: OpenAI's GPT Store developers are finding creative <a target="_blank" href="https://www.businessinsider.com/developers-adding-ads-and-affiliate-links-to-their-chatgpt-apps-2024-6">ways to get paid for their work</a>.</li><li>Business: Jeff Bezos' plan for <a target="_blank" href="https://www.businessinsider.com/jeff-bezos-plan-for-washington-post-imploding-winnett-lewis-2024-6">The Washington Post is imploding</a>.</li></ul>But first, how the tables have turned.If this was forwarded to you, <a target="_blank" href="https://www.businessinsider.com/subscription/newsletter/insider-today">sign up here.</a><h3 id="7fa5f018-5b05-4a37-a8dc-d3f89138bcb3">The big story</h3><h2 id="5fd547b9-ec52-41fc-8e08-4f4b27dd8097">AI comes for VCs</h2><div type="image" title="Photo illustration of a robot hand with money floating" height="882" width="1654" msid="111237229" hostid="261" sizebytes="180536"></div>Like turkeys setting the table for Thanksgiving dinner, VCs are backing tech that might lead to their demise.The generative AI boom was a welcome change for a venture industry looking for a new trend to back (and hopefully profit from).But the transformative technology <a target="_blank" href="https://www.businessinsider.com/artificial-intelligence-is-coming-for-venture-firms-2024-6">could greatly impact the people bankrolling it</a>. The result could be a reduction of roles and changes to how the job is done, writes Business Insider's Ben Bergman.Some of the adjustments aren't novel to the VC industry. Back-office roles everywhere are ripe for automation from AI, and venture capital is no different.But things get really interesting when it comes to actual investing. Finding and assessing new startups — often key responsibilities of junior employees — is the type of work large-language models could do more efficiently at a large scale.VCs won't get entirely automated away by AI — after all, how could they still justify all those fees if they only relied on AI? But a human-AI hybrid approach seems like the future, according to some insiders Ben spoke to.However, balancing between man and machine for investment decisions isn't easy. Just ask hedge funds.Long before the generative AI boom, funds dreamed of combining the best of machine-based quantitative strategies and human-led fundamental approaches. The concept — known as "quantamental" — <a target="_blank" href="https://www.businessinsider.com/man-group-bridgwater-schonfeld-explain-quantamental-and-how-it-works-2020-5">struggled to find success</a> as the two cultures often clashed.Now consider venture investing, where ultimately, a singular decision needs to be made: invest or don't. When push comes to shove, does man or machine reign supreme?<div type="image" title="Scott Stanford, ACME Capital's cofounder, believes major changes are coming for the venture-capital industry." height="2202" width="2936" msid="111237239" hostid="261" sizebytes="401568"></div>The VC industry might be doomed with or without AI.Scott Stanford, a cofounder and partner at early-stage VC firm ACME Capital, told BI's Blake Dodge that <a target="_blank" href="https://www.businessinsider.com/venture-capitalism-funding-market-contraction-scott-stanford-acme-2024-6">half of today's VC firms will shutter in the next decade</a>.Stanford's theory is pretty simple: There are too many VCs and not enough exit opportunities. And this isn't a knee-jerk reaction to how chilly the IPO market has been the past few years.VCs' explosive growth over the past few decades created an "overcrowded, overcapitalized, and overvalued market," Stanford and ACME's cofounder Hany Nada told investors in a recent letter shared with BI.The writing is already on the wall. Look no further than the rise of "zombie" VCs, or <a target="_blank" href="https://www.businessinsider.com/2024-year-of-vc-reckoning-2024-2">investors running out of money</a>.But if anyone can fix things, maybe it's… VCs? After all, venture investors tout themselves as disruptors who pride themselves on finding and helping to grow solutions for big problems.Now, VCs might have their toughest task yet: Saving themselves.<h3 id="77f31a4c-8462-4e3d-a71f-838cb79493fb">News Brief</h3><h2 id="1fcd294b-3f53-425f-9f20-4093e8623b59">Your Monday headline catchup</h2>A quick recap of the top news from over the weekend:<ul><li><a target="_blank" rel="noopener noreferrer" href="https://www.businessinsider.com/ukraine-needs-to-stop-fighting-the-war-russia-wants-2024-6">Ukraine needs to stop fighting the war Russia wants</a>.</li><li><a target="_blank" rel="noopener noreferrer" href="https://www.businessinsider.com/prosecutors-recommend-doj-federal-criminal-charges-against-boeing-report-2024-6">Prosecutors recommend DOJ file criminal charges against Boeing: report</a>.</li><li><a target="_blank" rel="noopener" href="https://www.businessinsider.com/elon-musk-starts-new-beef-with-lucasfilm-chief-kathleen-kennedy-2024-6">Elon Musk starts new beef with Lucasfilm chief Kathleen Kennedy</a>.</li><li><a target="_blank" rel="noopener" href="https://www.businessinsider.com/nvidia-ceo-jensen-huang-openai-ilya-sutskever-ai-revolution-2024-6">Nvidia CEO Jensen Huang shouts out OpenAI cofounder Ilya Sutskever for sparking 'the big bang of deep learning'</a>.</li></ul><h2 id="8120060b-ae66-48dc-b149-f0489a30ffa2">3 things in markets</h2><div type="image" title="bobby jain" height="975" width="1300" msid="111237241" hostid="261" sizebytes="45284"></div><ol><li>A top Jain Global executive explains how the firm will stand out on the eve of its massive launch. Bobby Jain's hedge fund launch has been the talk of Wall Street. Jonathan Barton, Jain Global's chief operating officer, spoke to BI about <a target="_blank" rel="noopener" href="https://www.businessinsider.com/bobby-jain-global-hedge-fund-launch-2024-6">how the fund is built to quickly grow once it starts trading on July 1</a>.</li><li>The end of a US-Saudi deal could dent dollar dominance. Saudi Arabia chose not to renew the landmark "petrodollar" deal that ensured the use of US dollars in the oil trade. That's <a target="_blank" href="https://markets.businessinsider.com/news/currencies/dollar-dominance-dedollarization-petrodollar-saudi-crude-greenback-china-yuan-brics-2024-6">bad news for the dollar's supremacy</a>. The move is part of the kingdom's grand plan to diversify trade and expand beyond US and European partners.</li><li>There is a light at the end of the interest-rate tunnel. A July rate cut, while still a longshot, could be on the table, according to one economist. Jobless claims and housing data show an economic slowdown, which <a target="_blank" href="https://www.businessinsider.com/fed-interest-rate-cuts-july-economy-recession-forecast-housing-jobs-2024-6">could lead the Fed to finally offer some relief next month</a>.</li></ol><h2 id="f4b54806-7f81-450c-ba32-92560d4fae9b">3 things in tech</h2><div type="image" title="A red electric car on a spinning globe" height="1500" width="2000" msid="111237234" hostid="261" sizebytes="247238"></div><ol><li>Chinese EV makers are slowly taking over the world. Despite efforts from the US and Europe to shut them out, <a target="_blank" href="https://www.businessinsider.com/byd-saic-chinese-ev-makers-plot-world-takeover-2024-6">Chinese EV firms are expanding rapidly in developing markets like Brazil and Southeast Asia.</a> This poses a major problem for legacy automakers like Ford, who risk being left behind.</li><li>OpenAI's GPT Store developers are finding new ways to get paid. OpenAI has yet to widely roll out plans to pay developers making applications for its GPT Store — <a target="_blank" href="https://www.businessinsider.com/developers-adding-ads-and-affiliate-links-to-their-chatgpt-apps-2024-6">so some are getting creative</a>. They're turning to ads, affiliate links, and "freemium" models to get paid.</li><li>Apple accused of breaching EU rules. The European Commission has accused Apple of <a target="_blank" href="https://www.businessinsider.com/european-regulators-accuse-apple-of-breaching-new-rules-2024-6">stifling competition with its App Store</a>. Regulators said the company breached new tech rules by preventing app developers from steering customers to alternatives.</li></ol><h2 id="9260fa45-d397-4b3c-b4f8-4bb193976216">3 things in business</h2><div type="image" title="Jeff Bezos distraught on top of Washington Post logo" height="900" width="1200" msid="111237236" hostid="261" sizebytes="111624"></div><ol><li>Jeff Bezos' plan to revamp The Washington Post is imploding. Incoming newsroom editor Robert Winnett pulled out of the job Friday morning after a slew of revelations about his past as a writer in London. Meanwhile, Will Lewis, the Washington Post's publisher, has also come under fire. <a target="_blank" href="https://www.businessinsider.com/jeff-bezos-plan-for-washington-post-imploding-winnett-lewis-2024-6">That's bad news for Bezos</a>, who needed the two men to breathe new life into the newsroom.</li><li>The American dream of home ownership is becoming an American fantasy. A recent Harvard study found monthly payments for a median-priced home after taxes and insurance have hit about $3,100. <a target="_blank" href="https://www.businessinsider.com/home-prices-housing-costs-market-affordability-crisis-harvard-mortgage-payment-2024-6">That's the highest level it's been in more than three decades</a>. That payment requires a household income of at least $120,000 a year, which only 6% of renters have.</li><li>The silver lining of sports betting scandals. The series of high-profile gambling scandals that recently rocked the sports world thrust the long-overlooked issue into the spotlight. Leagues are now focusing on educating athletes who may be betting-prone, and the industry's gotten <a target="_blank" href="https://www.businessinsider.com/why-more-betting-scandals-are-pervading-us-sports-2024-6">a lot better at catching bad actors</a>.</li></ol><h2 id="1ad7b482-3f4b-44b4-81b6-a864aa386478">In other news</h2><ul><li><a target="_blank" href="https://www.businessinsider.com/elon-musk-third-child-with-neuralink-exec-shivon-zilis-2024-6">Elon Musk confirms 3rd child with his Neuralink executive Shivon Zilis.</a></li><li><a target="_blank" href="https://www.businessinsider.com/yellowstone-timeline-of-controversy-criticism-conflict-kevin-costner-2023-4">Kevin Costner is leaving 'Yellowstone' before the final season is over. Here's a complete timeline of the behind-the-scenes drama</a>.</li><li><a target="_blank" href="https://www.businessinsider.com/perplexity-ceo-advice-startup-founders-2024-6">Perplexity CEO explains why you need to understand your 'dopamine system' if you want to start your own company</a>.</li><li><a target="_blank" href="https://www.businessinsider.com/nvidia-jensen-huang-ai-demand-chips-microsoft-apple-2024-6">Jensen Huang's Nvidia sure hopes the AI bubble doesn't burst anytime soon</a>.</li><li><a target="_blank" href="https://www.businessinsider.com/who-timothy-mellon-robert-kennedy-donald-trump-billionaire-2024-6">The reclusive billionaire who's spent $75 million on Trump and $25 million on RFK Jr</a>.</li><li><a target="_blank" rel="noopener" href="https://www.businessinsider.com/alpine-investors-ceo-training-program-application-interview-tips-2024-6">This exclusive CEO training program doesn't care about your 4.0 GPA</a>.</li><li><a target="_blank" href="https://markets.businessinsider.com/news/stocks/stock-market-democrats-republicans-etf-performance-demz-vs-maga-2024-6">Companies that give money to Democrats are beating Republican donors in the stock market.</a></li></ul><h2 id="9f5d80ac-3466-429f-a50a-2ffbb70c65ff">What's happening today</h2><ul><li>Paris Fashion Week begins.</li></ul>The Insider Today team: Dan DeFrancesco, deputy editor and anchor, in New York. Jordan Parker Erb, editor, in New York. Hallam Bullock, senior editor, in London. Annie Smith, associate producer, in London. Grace Lett, associate editor, in Chicago. Amanda Yen, fellow, in New York.

Venture firms could be the latest target for AI disruption, and that's not the only threat to VCs

<ul class="summary-list"><li>Internet and phone services in six regions of France were disrupted after fiber optic cables were cut overnight.</li><li>It is the second attack on French infrastructure while the country hosts the Olympics.</li></ul>French phone and internet services were targeted on Sunday night, in the second incident to affect French infrastructure while the nation hosts the Olympics.Multiple telecommunications operators were experiencing disruption after fiber optic cables were "sabotaged" across six regions of France, French police told <a target="_blank" class="" href="https://x.com/AFP/status/1817829878370312202">Agence France-Presse</a>.The regions of Bouches-du-Rhône, Aude, Hérault, Drôme in the south and Oise and Meuse in the north had been affected, according to <a target="_blank" class="" href="https://www.francetvinfo.fr/faits-divers/des-reseaux-de-fibres-optiques-coupes-dans-six-departements_6693414.html#xtor=CS2-765-%5Bautres%5D-">France Info</a>."Damages committed in several departments last night affected our telecommunications operators," confirmed. Marina Ferrari, Secretary of State for Digital Affairs, in <a target="_blank" class="" href="https://x.com/Marina_Ferrari/status/1817839721931829550">a post on X</a>.She called the attacks "cowardly and irresponsible."Authorities were working with the operators to restore services, she said. No one has claimed responsibility.SFR, one of the affected providers, told France Télévisions that access gates to at least five locations had been damaged and very large cables had been cut, likely with some kind of grinder, France Info reported.The disruption to broadband services is the second major incident for France's infrastructure as it hosts the 2024 Olympics. It is not known if the two incidents are connected.On Friday, as Paris prepared for the Olympics opening ceremony, three major railway lines were <a target="_blank" class="" href="https://www.businessinsider.com/paris-olympics-arson-attack-transport-woes-2024-7">damaged by arson attacks</a> causing disruption across the transport network.The attacks came as up to 800,000 travelers were expected to travel for vacation over the weekend. Two trains taking Olympic athletes to Paris were reportedly impacted, the Associated Press reported.<div type="image" title="Railway workers in orange stand around the side of a rail track working to fix black cables spread over the ground." height="900" width="1600" msid="112110891" hostid="261" sizebytes="364666"></div>France's national railway company, the SCNF, later said it made emergency repairs and would resume normal service on Monday. France's transport minister said details made clear that the arson attacks had been coordinated.On Sunday, French authorities arrested an activist from an ultra-left movement at a site belonging to SNCF in Oissel, northern France, <a target="_blank" class="" href="https://x.com/AFP/status/1817878486570430776">AFP</a> reported.This is not the first time that French fiber-optic cables have been targeted.In 2022, <a target="_blank" class="" href="https://apnews.com/article/technology-europe-france-marseille-business-49d27ccc0195f1c48b33a5634232031f">two high-profile incidents</a> of cable cutting around the country led to internet outages.The French police launched an investigation on charges including "damaging goods of a nature of harming the fundamental interests of the nation."SFR and the Center for the Defense of Electronic Communications did not immediately reply to a request for comment from Business Insider.

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