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  • US star Christian Pulisic fractured his leg in World Cup loss to Belgium


    U.S. star Christian Pulisic fractured his right leg during the Americans’ World Cup loss to Belgium and will be sidelined for several weeks.

    Pulisic has a bone bruise and a microfracture of his tibia and fibula, the U.S. Soccer Federation said Thursday. The diagnosis was made after an X-ray and MRI on Tuesday.

    He would not have been able to play during the remainder of the tournament had the U.S. advanced.

    Pulisic is expected to resume training before AC Milan’s Serie A opener at Torino on Aug. 23.

    Pulisic hit a leg of Belgium captain Youri Tielemans while attempting a shot in the 52nd minute of Monday’s 4-1 round-of-16 loss at Seattle. He remained in the game but was hobbling and Sebastian Berhalter replaced him in the 59th minute.

    Pulisic failed to score in the World Cup, missing one of the Americans’ five matches because of a calf injury and leaving two other games early. He has 30 goals in 90 international appearances.

    Pulisic, who turns 28 in September, is entering his fourth season with Milan.

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    See more of AP’s World Cup coverage here


  • Coco Gauff ‘panicked’ on match-point miss in drama-filled Wimbledon semifinal loss


    LONDON (AP) — Coco Gauff had just the shot she was looking for.

    Seven years after her breakthrough at Wimbledon, the American player was on the verge of reaching her first final at the All England Club.

    All she needed to do was execute what appeared to be a manageable put-away on her first match point.

    The thing is, it’s never that simple in a Grand Slam semifinal, especially toward the end of a decisive super tiebreaker on Centre Court — the sport’s most hallowed venue.

    Gauff fluffed a forehand drop-shot attempt into the net and her opponent Karolina Muchova went on to see out a drama-filled tiebreaker to win 6-2, 1-6, 7-6 (10) on Thursday.

    On the match point, Gauff hit a well-placed serve down the T on the ad court and Muchova’s weak forehand return bounced before the service line — right in Gauff’s attack zone. But Muchova’s shot had some topspin on it and kicked up higher than Gauff was anticipating.

    “The bounce kind of caught me off guard,” Gauff said. “I just panicked a little bit.”

    After the miss, Gauff ran her non-hitting hand over her face and practiced a full-swing forehand that perhaps she would have preferred in hindsight.

    “People who don’t watch tennis are going to be like, ’Why did you do that?” Gauff said. “At the end of the day, that’s the choice I made. Was it the right one in that moment? Maybe not. But then also, if I make it, everyone’s going to say how clutch of a shot that was.

    “That’s just tennis. You lose some points off margins.”

    A ‘roller coaster’ for Muchova

    Muchova also lost a match point before she came out on top when Gauff hit a forehand into the net.

    “It was such a big fight,” Muchova said. “It was a roller coaster.”

    Muchova will meet Linda Noskova in an all-Czech final on Saturday after Noskova beat Marta Kostyuk of Ukraine 6-4, 6-4.

    Clearly flustered after her miss, Gauff called for a ball to serve again before she realized it was time to change ends since it was 9-9.

    “I’m going to think about it tonight,” Gauff said.

    “I look at Roger (Federer, in the 2019 final) lost match points here, Jannik (Sinner) obviously at Roland Garros (in last year’s final). Every great champion has this happen in their career,” Gauff added. “Maybe this is something I need to be on their level.”

    Tracy Austin suggested on the BBC that Gauff looked like “she changed her mind three times as to where to hit that ball.”

    But Gauff said, “Honestly, I didn’t change my mind too much. I feel like if I had to do it over, I probably would have gone for a slice forehand down the line.

    “It’s a learning experience,” Gauff added. “I know I can do better and improve on that, and going with a higher-margin shot in a pressure moment, for sure.”

    Diving like Boris Becker

    On the point after Gauff’s miss, Muchova produced a lob winner to set up her first match point, which she lost when she slipped to the grass and a passing shot from Gauff sailed by her.

    But Muchova quickly set up another match point and produced a series of shots to the corners. Gauff, on the full run, reached the last ball but her forehand response landed in the net and Muchova covered her hands in disbelief.

    “You’re up and down in 10 seconds. You have a match point, then match point down. It’s no time to think, but very nerve-wracking,” Muchova said. “I’m really kind of shaking and trying to sink it in.”

    Earlier in the tiebreaker, Muchova produced a diving forehand volley winner at full stretch that brought back memories of the way three-time Wimbledon champion Boris Becker used to play. She ended up face down on the grass, her racket lying next to her, as the crowd roared.

    There will be a third Czech champion in four years after Marketa Vondrousova in 2023 and Barbora Krejcikova in 2024.

    Gauff’s Wimbledon history

    For Gauff, it was still her most successful Wimbledon. Previously, the seventh-ranked American had gone only as far as the fourth round three times – including as a 15-year-old in 2019 in her Grand Slam debut.

    Gauff had had won six of her seven previous matches against Muchova.

    But Muchova has been nearly unbeatable on grass this year and extended her record this season on the surface to 11-1 after a title in Bad Homburg, Germany. Her only loss on grass this year came against Madison Keys in the Berlin Open round of 16.

    Muchova beat Gauff for the first time in April on clay in Stuttgart, Germany.

    It was another hot day in London with the temperature soaring to 91 degrees Fahreinheit (33 Celsius), prompting spectators to fan themselves in the stands in an attempt to keep cool.

    Muchova appeared to be struggling physically as the match wore on, bending over in exhaustion after one long rally and holding her abdomen in apparent pain during the final game.

    “I’m OK,” Muchova said. “I just was trying to catch a breath.”

    The men’s semifinals on Friday feature top-ranked and defending champion Jannik Sinner against seven-time Wimbledon winner Novak Djokovic and French Open champion Alexander Zverev against British wild card Arthur Fery.

    Mixed doubles

    In the mixed doubles final, second-seeded Marcelo Arevalo and Jelena Ostapenko beat Marc Polmans and Storm Hunter 4-6, 7-5, 6-2.

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    Associated Press writer Mattias Karén contributed to this report.

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    AP tennis: https://apnews.com/hub/tennis


  • Catherine Zeta-Jones, Rod Stewart, Bryan Adams and more mourn the death of Bonnie Tyler


    Celebrities across the entertainment industry mourned the death of Bonnie Tyler at age 75, expressing affection and admiration for the gravelly voiced, Grammy-nominated Welsh pop star.

    The singer, best-known for her chart-topping power ballad “Total Eclipse of the Heart,” died unexpectedly in a hospital in Portugal where she was being treated for an illness, her family said Thursday. She was hospitalized in May in Faro, where she had a home, for emergency intestinal surgery. She had been placed in an induced coma for a period but was reportedly improving last month.

    Some notable reaction:

    Catherine Zeta-Jones

    “My heart is broken with the news that our dearest Bonnie Tyler has passed away. Bonnie was married to my cousin and has been such a part of my life. We are photographed here together the night before my wedding. So sang and rocked it at my wedding. An extraordinary woman with vocals to match. A one of kind artist, who so easily could have been a comedian because she was one of the funniest people I ever met. Thank you Bonnie for the joy you brought so many. Sleep tight beautiful lady. We shall forever ‘Keep A Welcome In The Hillsides’ of Wales for you. Sending my love to Robert and the family. God Bless” — on Instagram

    Rod Stewart

    “We shared similar styles of vocalizing. She was a good pal, a true soul stirrer. I sing ‘It’s A Heartache’ every night on tour. I’ll miss you darling Bonnie.” — on Instagram

    Bryan Adams

    “Dear Bonnie Tyler passed today, she had such a great voice and I’ll always be grateful of her beautiful version of Straight From The Heart. Thanks Bonnie. RIP” — on X

    Katrina Leskanich of Katrina and the Waves

    “I’m so sad for Robert, Bonnie’s extended family and the whole world who loved Bonnie Tyler. She was incredibly fun to tour with, always laughing, warm hearted and effervescent. There will never be a voice so instantly recognisable and distinctive. She will be so missed but like Bonnie, her iconic sons will be in our hearts forever.” — on Instagram

    Kevin Bacon

    “One of the great voices of rock. … I could not imagine chicken racing a tractor to any other song. RIP” — in a statement to Entertainment Weekly, referencing the use of Tyler’s “Holding Out For a Hero” in his iconic 1984 film, “Footloose”

    Tony Hadley

    “So sad to hear about Bonnie Tyler. She was an incredible woman, so kind and friendly to me as a young artist. Over the years, we met several times and she was always the same Bonnie. Her voice was truly amazing and standing next to her you really got to feel her power. A beautiful legend. My sincere condolences to her lovely husband Bob, her family and her wonderful band at this very sad time.” — on Instagram

    Sir Cliff Richard

    “Another wonderful friend gone too soon. Bonnie’s infectious zest for life entertained so many around the world, and to be a good friend to all, including me. It is shocking news to wake up to you this morning and I send my love to her family at this very sad time. RIP Bonnie…. Cliff xx” — on Facebook


  • Museum honors a late artist by covering its floor in enough peanut butter to make 15,000 sandwiches


    ROTTERDAM, Netherlands (AP) — More than 800 pounds of peanut butter — enough for around 15,000 sandwiches — has been spread across the floor of a museum in the Netherlands in tribute to Dutch artist Wim T. Schippers, who died last month.

    The conceptual artist, who died at the age of 83, first created the Pindakaasvloer, or peanut butter floor, in 1969. The work was unveiled on Thursday at the Depot offshoot of Museum Boijmans Van Beuningen in the Dutch port city of Rotterdam for a two-month show.

    Schippers was a beloved non-conformist character in the Netherlands, where he also voiced Ernie and Kermit the Frog in the Dutch version of “Sesame Street,” and created absurdist and silly works that challenged conventional ideas about the meaning of art.

    “Isn’t it fantastic that we are all standing here looking at peanut butter?” Schippers told journalists gathered at the Central Museum in Utrecht in 1997 where Pindakaasvloer was on display for the second time.

    Schippers created the work as part of a Floor Covering Series, which also included floors covered with glass shards and salt.

    The aroma, redolent of breakfasts and lunch boxes, is what lingers with many who experience the work first hand. Museum staff directed visitors for the opening to “follow the smell” which was wafting by the ticket counter, three floors below where the artwork is laid out.

    “The thing I remember is the smell,” Mieke Weismann told The Associated Press. The food photographer and writer saw the 1997 exhibition as a teenager.

    The art installation may not be for everybody. A sign at the museum’s entrance warns visitors with peanut allergies that they might not want to enter the space.

    It took two employees of the Museum Boijmans Van Beuningen several days to spread 40 buckets of peanut butter across a 25-square-meter (270-square-foot) hexagon last week.

    “It was a lot of work,” Leon Duenk, one of the two men who installed the artwork, told AP.

    The pair used drywall trowels to smear the peanut butter to a thickness of 2 centimeters (0.8 inch).

    Prior to his death the museum and Schippers discussed how to recreate the work in the future, producing a 20-point plan that included the requirement to apply the peanut butter “as smoothly and boringly as possible” and that “no one is supposed to stand in, or lie down on the peanut butter.”

    Schippers did not specify the size or shape of the work, but he did say it needed to be smooth peanut butter and that he preferred the Dutch peanut butter brand Calvé. The company donated 40 tubs of peanut butter for the work.

    Multiple visitors stepped into the sticky artwork when it was on display in 2011. In 1997, the work was “vandalized” when a group of people placed 12 slices of bread and several bags of hagelslag — chocolate sprinkles commonly eaten on bread at breakfast in the Netherlands — on the floor.

    “It doesn’t look bad,” Schippers told Dutch newspaper Volkskrant at the time. “The sprinkles have been applied with a sense of proportion and a skillful hand.”

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    Associated Press writer Mike Corder in The Hague, Netherlands, contributed.


  • Pogacar crushes Tour de France rivals and storms the Tourmalet to regain overall lead


    GAVARNIE-GEDRE, France (AP) — Tadej Pogacar produced a tremendous solo ride on the iconic Col du Tourmalet on Thursday to earn a 23rd Tour de France stage victory, reclaim control of the race and sap his rivals’ morale after just six days of racing.

    Pogacar, who first wore the yellow jersey after winning at Les Angles earlier this week, made the most of the first big mountain trek of this year’s Tour in the Pyrenees to stamp his authority, sending a clear message to his rivals that he remains in a class of his own.

    The two-time world champion covered the final 43 kilometers (around 27 miles) alone, crossed the Stage 6 finish line 2 minutes, 38 seconds ahead of his main challenger, Jonas Vingegaard, and reclaimed the coveted jersey.

    “I would say this one goes in the top five of my Tour de France victories,” Pogacar said. “This is an incredible victory, and one of the sweetest for sure. I was not calculating seconds or minutes, I just wanted to go full gas all the way to the finish.”

    Pogacar’s teammate, Isaac del Toro, was third, 2:57 off the pace, ahead of Remco Evenepoel and Paul Seixas. Overall, Vingegaard lags 2:42 behind Pogacar, with del Toro in third place.

    With his latest show of force, the UAE Emirates-XRG leader took a big step toward a record-equaling fifth Tour victory. Only Belgian Eddy Merckx, Spaniard Miguel Indurain and Frenchmen Jacques Anquetil and Bernard Hinault have won five Tours.

    Scorching heat and iconic ascents

    The stage started in scorching heat and was marked by several unsuccessful attempts of breakaways early on. Pogacar’s teammates, along with those of Vingegaard in Visma-Lease a Bike, set a fast tempo even before the day’s biggest climbs.

    The last stage in the Pyrenees took riders through two iconic ascents, the Col d’Aspin and the Tourmalet.

    Once Ben O’Connor managed to get away, he was allowed some freedom because he was not a threat in the general classification. He was first at the foot of Aspin and was caught with about 5 kilometers of the climb left.

    Riders then tackled the grueling 17.1 kilometer ascent up the Tourmalet, the first HC climb of the 2026 Tour — which means Hors Catégorie (beyond classification), because it is the hardest level.

    Overnight leader Torstein Træen was dropped before del Toro accelerated with his leader on his wheel about 4.5 kilometers from the summit. Træen later crashed on the descent and was assessed by the race’s medical team before resuming his effort.

    Pogacar then went solo, with Vingegaard digging deep to limit his losses. Pogacar reached the summit first, and Vingegaard tried to claw back his 30-second deficit in the downhill. But tucked into an aerodynamic position, his rival took the same risks and was even faster.

    Pogacar had a lead of more than a minute as he tackled the final climb up to the finish line in the town of Gavarnie-Gedre. He never looked back and the gap kept increasing.

    “I woke up at 7 this morning and my mind was going crazy,” Pogacar said. “I was really excited for today. I knew it was going to be a good day.”

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    AP sports: https://apnews.com/sports


  • AI notetakers promise easy meeting recaps, but some professionals question their use


    NEW YORK (AP) — Launching an artificial intelligence tool to take notes and summarize important information from a virtual meeting can be alluring. Seconds after one of the agents attends an hour-long video conference, it can deliver a recap of key points and outline a to-do list for all the participants.

    But the way popular AI notetakers accomplish those tasks makes some people avoid using them. The technology turns everything said during meetings into data. Confidential personnel information, corporate strategies, trade secrets and remarks that could later be seen as incriminating — all of it could end up in the wrong hands.

    “There are huge risks to the organization on AI notetakers,” Amy Dufrane, the chief executive of human resources training and certification provider HRCI, said. “I don’t think companies should use it at all.”

    An AI notetaker is a software application or device that uses artificial intelligence, speech recognition and large language models to record, transcribe and summarize conversations. The tools are intended to save time and improve participation, but professionals in a number of fields say there are reasons to be wary.

    Chief among them is uncertainty about where the collected data is stored and for how long. Privacy advocates worry the companies behind the AI notetakers are creating voiceprints without consent. Voiceprints — a type of biometric profile similar to a fingerprint but tuned to the unique intonations and characteristics of one’s voice — can be used to access restricted or confidential information, including the contents of bank accounts.

    Some tech companies resell data from the notetaking tools they created or use confidential meeting transcripts and recordings to train their AI models. There’s also the risk that conversations between an attorney and client could become fair game in legal proceedings; a New York federal judge in February ordered a criminal defendant to provide prosecutors with documents he created for his lawyers because it already had been shared with a third party, which was Anthropic’s Claude.

    “People who use AI notetakers, they don’t always know where the data goes,” said Justin Daniels, an Atlanta-based corporate attorney at law firm Baker Donelson. “And in my context, if the data goes anywhere else and they’re not aware of it, that attorney-client-privileged conversation may not be attorney-client-privileged anymore.”

    Here are some tips on the etiquette of kicking an AI notetaker out of a meeting, the risks of using one and how to protect yourself.

    The first step when you join a meeting is check for bots

    When you join a meeting, make it a habit to check whether an AI notetaker is present. It might appear as a meeting attendee, often labeled as an AI notetaker, or a pop-up message on the screen informing participants the meeting is being recorded. The latter could signal the presence of an AI notetaker.

    Virtual meeting platforms such as Zoom and Google Meet let users know when recording is underway, but some meeting software does not make it clear when a notetaker is present, according to Thorin Klosowski, the Electronic Frontier Foundation’s senior security and privacy analyst.

    Participants also may use personal notetaking devices that are separate from the meeting platform, in which case the other attendees wouldn’t necessarily know a discussion was being recorded and transcribed.

    “You hope the other person would tell you that they’re doing that,” Klosowski said. “Asking everyone for consent before doing a sensitive meeting would be the most polite approach to take.”

    If you’re unsure whether someone has deployed an AI notetaker, you can ask. You can also state at the beginning that a meeting is not authorized for recording.

    A polite way to establish such a boundary is to say, “Our company policy is that this meeting cannot be recorded,” Dufrane suggested. This relieves the employee, such as a salesperson who wants to make a good impression, of having to be the “bad guy,” putting the onus on the company instead, she said.

    Another option is to allow the notetaker for part of the gathering but turn if off at the end to dedicate time for more delicate topics.

    “I won’t start talking about anything substantive until it’s shut off, because I just don’t want to take the risk,” Daniels said.

    Assert your privacy rights to protect voiceprints

    Many AI notetakers determine unique acoustic signatures, or voiceprints, for each speaker in the room, said Chris Pluymers, associate attorney at The Dillon Law Group in East Lansing, Michigan. That’s how the companies distinguish one speaker from another, labeling them with monikers “Speaker 1” or “Speaker 2.”

    One way voiceprints are used is to verify the identities of bank account holders over the phone. If bad actors got ahold of a person’s vocal signature, they could use it to access files, commit fraud or take over accounts, he said.

    Laws in some states govern how voiceprints can be created and stored and provide rights that individuals can assert to object to the use of an AI notetaker during meetings they attend.

    In Illinois, voiceprints are considered biometric identifiers, similar to fingerprints, and are covered under the state’s Biometric Information Privacy Act, which requires written notice and informed consent before an AI notetaker or other agent collects voiceprints. The law also mandates a documented data retention schedule and destruction policy, Pluymers said. But most companies using the tools have none of those systems in place, Pluymers said.

    “In the world of AI, the world of data and privacy, the world of biometric identification, I don’t think you can have such a lax approach to it,” Pluymers said. “I think getting out ahead of it is crucial.”

    Under the Illinois law, employees can say they don’t want to attend a meeting with an AI notetaker until they have assurances of where and why the data is being stored, and when it will be deleted, Pluymers said. They can also ask if there is a policy and written consent form to sign.

    If an AI notetaker shows up at a meeting unexpectedly, a participant could say, “I prefer we keep this meeting without AI recording or transcript tools and I’d be happy to take my own notes and share a recap if that’s helpful,” Pluymers suggested. “Just being warm and genuine about it and asking them to respect your wishes.”

    Know where your data goes

    When working with AI notetaking apps, find out whether the companies that built them retain recordings, transcripts or metadata indefinitely or use them to train AI models, said Danielle Kays, a partner at Fisher Phillips who represents businesses on privacy and employment law matters.

    “If there is some sort of speaker ID or voice recognition, really understand what that is and how it works,” Kays said.

    Even when content is deleted, metadata about meetings can remain stored with the vendor, meaning sensitive business information could influence how the model behaves and in some cases could be memorized or reproduced, she said.

    AI notetakers generate text, and that’s easier for outsiders to search through than video or audio files, according to EFF.

    “Storing a bunch of video isn’t easy, it’s costly and hard to look through, but text is much easier to search and cheaper to store,” said Klosowski of the Electronic Frontier Foundation.

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    Share your stories and questions about workplace wellness at cbussewitz@ap.org. Follow AP’s Be Well coverage, focusing on wellness, fitness, diet and mental health at https://apnews.com/hub/be-well


  • Yahoo Sports launches college fantasy football leagues featuring Power Four players and Notre Dame

    How about Texas quarterback Arch Manning paired with Ohio State receiver Jeremiah Smith on the same college football roster. While at it, add Michigan tailback Jordan Marshall, too.

    No transfer portal needed, either. Just some savvy drafting by a college fantasy football team owner.

    Yahoo Sports is expanding more into college fantasy football this season by launching leagues that feature players from Power Four conferences along with Notre Dame.

    So fill that QB1 slot with Heisman Trophy favorites Manning or the Fighting Irish’s CJ Carr. Grab Marshall or LJ Martin of BYU to round out the RB spots. Pick up Smith or Cam Coleman of Texas at receiver.

    These stars of the college game today could help you win a fantasy title later this fall. Down the road, maybe even help your NFL fantasy team.

    “This will be an interesting opportunity to really develop fandom not just of the sport, but also the players and the schools,” Ryan Spoon, president of Yahoo Media Group, said in an interview before Thursday’s launch of the leagues. “The content … is now available to make a really robust, awesome experience.”

    There have been sites with college fantasy football leagues before. This takes it even more mainstream in this era of name, image and likeness. Yahoo is coming off a season in which it set all-time highs for most fantasy football users and teams.

    “It’s understandable to all fans,” Spoon said, “not just the mega-college fan.”

    A lot like NFL fantasy football, only not quite

    The college fantasy format is similar to the NFL version. It starts with the draft, of course, and then head-to-head matchups (scoring begins Sept. 3).

    The 18-player rosters feature the Big Ten, SEC, Big 12 and ACC, along with Notre Dame. There’s another wrinkle, too, with an “offense” position in play. Go ahead and draft, say, Buckeyes quarterback Julian Sayin along with the Ohio State “offense.” That means bonus points for team TDs, total yards, field goals and a win, along with deductions for losses.

    It’s a way to spice things up.

    “We’ve run millions of permutations,” Spoon said of testing formats and game structure. “The variability is the awesome part of this.”

    Iowa State running back Aiden Flora knows whom he would pick in a college fantasy draft.

    “Might as well trust myself,” Flora said at Big 12 media days. “I feel like it’s a thing that a lot younger people would love to do, even though I feel like a lot of them (would) just try to get the guys that they are cheering for.”

    It’s also a way to keep up with players in this ever-changing college football landscape that includes the volatile transfer portal.

    Martin, the AP Big 12 offensive player of the year last season, rushed for 1,305 yards and 12 TDs. He figures to be a high selection.

    “I’m trying to go out there,” he said, “and get as many yards as I can every time.”

    A word of caution

    One thing Brody Ruihley, a professor of sport leadership and management at Miami University (Ohio), cautioned was to keep in mind these are college students, first and foremost.

    This is just fun and games.

    NFL players have reported being contacted by fantasy football owners through social media in all sorts of ways.

    “We need to remember that the college athlete is accessible in class, on campus, at poorly secured practices/games, and pretty much anywhere on a college campus. They are young adults still finding their way just like non-athlete college students,” Ruihley wrote in an email. “Protection is and should be a primary function for state agencies when collegiate fantasy sport or sports betting is in play.”

    Scrutiny has almost become part of the territory — no matter the level.

    “If somebody drops the game-winning catch, you’ve got to know they’re going to hear about,” Arizona State running back Kyson Brown explained. “We’ve been kind of going through the same things those guys have been going through.”

    Gambling in college football made headlines over the saga of former Texas Tech quarterback Brendan Sorsby. The Red Raiders had planned to let Sorsby play even after the Cincinnati transfer admitted he placed bets on Indiana games when he was a freshman with the Hoosiers. Sorsby ultimately abandoned a legal effort to regain his eligibility and is expected to enter next year’s NFL draft.

    This is gameplay

    Spoon stressed this was gameplay.

    “Obviously, there’s a subset of users, which is much larger today than it was five years ago, that is choosing through other operators to also place wagers or predictions, whatever those might be. That’s not us,” Spoon said. “Every passing year college (football) becomes bigger and more interesting and fandom increases.”

  • PepsiCo says economic concerns weighed on customers in North American during recent quarter


    NEW YORK (AP) — PepsiCo reported stronger-than-expected revenue in the second quarter despite weaker demand in North America, where it said consumers tightened their budgets as the Iran war caused gas prices to spike.

    “I think the consumer is worse than what we had anticipated, and it’s driven mainly by gas prices,” PepsiCo CEO Ramon Laguarta said Thursday during a conference call with investors.

    PepsiCo’s shares fell 4% in morning trading Thursday.

    The food and beverage giant said its net revenue rose 6.4% to $24.2 billion for the April-June period. That was better than the $23.9 billion Wall Street expected, according to analysts polled by FactSet.

    PepsiCo began cutting prices on value brands like Santitas last year as U.S. customers grew increasingly exasperated after years of price hikes. In February, ahead of the Super Bowl, PepsiCo slashed U.S. prices on Lay’s, Doritos, Cheetos and Tostitos chips by up to 15%, which boosted snack demand in the first quarter.

    But in the second quarter, as gas prices rose, PepsiCo’s snack sales volumes were flat in North America, while its beverage volumes fell 4%. Laguarta said impulse purchases at gas stations and convenience stores were particularly hard hit.

    Laguarta said the company is working with those stores to entice customers with more affordable pack sizes and meal bundles.

    “Will it change in the coming months? It all depends on the price of gas. So clearly that’s something that is beyond our control,” Laguarta said.

    Americans’ attitudes toward the economy have improved slightly as gas prices declined, but their outlook remains mostly negative. And hostilities in Iran have begun to escalate again, driving gasoline prices higher over the past two days.

    Sales were stronger overseas, and its overall snack volumes rose 3% while beverage volumes rose 2%. World Cup -themed products, including limited-edition Lay’s flavors like Portuguese Chorizo and Onion, boosted sales, particularly in Europe, the company said.

    PepsiCo, based in Purchase, New York, said it will continue to invest in making its products more affordable. The company is also trying to meet consumer demand for healthier products. In March it introduced Doritos Protein and Gatorade Lower Sugar, which has no artificial flavors or colors.

    The company said it’s working with retailers to add shelf space for its products, which should help boost sales in the second half of this year.

    Net income more than doubled in the second quarter to $2.98 billion. Adjusted for one-time items, the company earned $2.20 per share, ahead of analysts’ forecast of $2.19.


  • US home prices hit an all-time high as sales slow and mortgage rates rise


    Sales of previously occupied U.S. homes slowed in June, but a key measure of home prices climbed to an all-time high, adding to affordability challenges for prospective homebuyers.

    Existing home sales fell 2.4% last month from May to a seasonally adjusted annual rate of 4.09 million units, the National Association of Realtors said Thursday. Sales rose 2.8% compared with June last year.

    The latest sales tally fell short of the roughly 4.21 million pace economists were expecting, according to FactSet.

    Home sales have been mostly hovering close to a 4-million annual pace going back to 2023, far short of the historic norm that is closer to 5.2-million.

    Sales have remained sluggish as mortgage rates have mostly trended higher in the months since the war between the U.S. and Iran started. Expectations of higher inflation amid surging oil prices have pushed up the long-term bond yields that lenders use as a guide to pricing home loans, causing mortgage rates to climb. Still, mortgage rates remain below where they were a year ago.

    Despite the lackluster sales, home prices continued to rise nationally last month. The U.S. median sales price increased 1.8% in June from a year earlier to $440,600, an all-time high on data going back to 1999, NAR said. Home prices have risen on an annual basis for 36 months in a row.

    First-time buyers accounted for 33% of home purchases last month, down from 35% in May and up from 30% in June last year. Historically, they made up 40% of home sales.

    “Without a doubt, the affordability is a major challenge for people who want to become homeowners, which is the reason why we need more supply,” said Lawrence Yun, NAR’s chief economist.

    The U.S. housing market has been in a slump since 2022, when mortgage rates began to climb from pandemic-era lows. Sales of previously occupied U.S. homes were essentially flat last year, stuck at a 30-year low.

    Through the first half of this year, seasonally adjusted sales of existing U.S. homes are up only 0.7% compared to the same period in 2025.

    Years of soaring home prices, especially in the early part of this decade when rock-bottom mortgage rates fueled a buying frenzy, have left many would-be homebuyers frozen out of the market. And a chronic shortage of homes for sale nationally, due partly to years of below-average new home construction, has helped prop up home prices even in a multiyear sales slump.

    Many of the homes purchased last month likely went under contract in April and May, when the average rate on a 30-year mortgage ranged from 6.23% to 6.53% — the highest level going back to late August, according to mortgage buyer Freddie Mac.

    Those who can afford to buy at current mortgage rates or pay all cash are likely to encounter buyer-friendly trends in many markets. In June, median list prices fell 2.5% from a year earlier, the steepest annual drop on data going back to 2017, according to Realtor.com.

    Still, housing market pricing trends vary widely regionally and locally. Consider, since peaking in 2022 at $449,000, list prices have come down 7.3% in the West and 3.5% in the South, but are up 10% in the Midwest and 12.6% in the Northeast, according to Realtor.com.

    Meanwhile, home shoppers have more homes on the market to choose from than this time last year, although home inventory levels remain well below historical norms.

    There were 1.56 million unsold homes at the end of last month, down 0.6% from May and up 1.3% from June last year, NAR said. That’s still well short of the roughly 2 million homes for sale that was typical before the COVID-19 pandemic.

    June’s month-end inventory translates to a 4.6-month supply at the current sales pace. Traditionally, a 5- to 6-month supply is considered a balanced market between buyers and sellers.

    “We need to see 30%-40% growth in inventory,” Yun said. “We’re not seeing that, so inventory (is) still remaining relatively tight.”


  • News outlets urge a judge to sanction OpenAI in a high-stakes AI copyright fight


    NEW YORK (AP) — The New York Times, the Daily News and other media outlets are asking a federal judge to impose sanctions on OpenAI, escalating a fight over artificial intelligence and copyright that could shape the future of a struggling news industry.

    The newspapers allege the ChatGPT maker is hiding evidence important to what could be a landmark copyright infringement trial over how OpenAI and its business partner, Microsoft, built their AI technologies using millions of news articles. At issue is whether AI chatbots are unfairly competing as an information source, siphoning off web traffic without doing the journalistic work involved in gathering the news.

    A filing Thursday in a Manhattan federal courthouse alleges OpenAI “chose obstruction” over releasing datasets and ChatGPT logs that could show how the AI system used copyrighted news content. The plaintiffs are asking the judge to penalize the company for “discovery misconduct” that could distort evidence, saying the recent deposition of an OpenAI employee contradicts the company’s earlier claims.

    New York Daily News attorney Steven Lieberman said OpenAI has been “making misrepresentations” for two years about its ability to search for copyrighted content in its AI training datasets and logs.

    “This motion asks the court to punish OpenAI for hiding and destroying evidence showing how ChatGPT was trained on stolen journalism,” said Lieberman, who represents the Daily News and seven of its sister papers.

    OpenAI has described its limitations in sharing ChatGPT logs as a measure to protect user privacy.

    “As the Times’ case weakens and they’ve been forced to drop claims against us, they’re persisting with their efforts to invade the privacy of people who have nothing to do with this case, including by making these blatantly false allegations,” said a statement Thursday from OpenAI spokesperson Drew Pusateri. “We’ll continue defending our users’ privacy and the long-established principles of fair use.”

    The New York Times sued OpenAI and Microsoft in late 2023, about a year after ChatGPT’s debut sparked a commercial AI boom and began changing the way people search for information online. The threat to news publications became even more apparent when Google in 2024 introduced AI-generated summaries at the top of online search results, cutting off the advertising dollars that come when people click a link to the information’s original source.

    The Times has since been joined by other news organizations, including MediaNews Group-owned newspapers the Daily News and the Chicago Tribune, digital media publisher Ziff Davis and the nonprofit Center for Investigative Reporting.

    OpenAI and other tech companies have argued the process of training their AI systems on digitized books, online articles and other writings found on the internet is protected by the “fair use” doctrine of U.S. copyright law. It’s a theory being tested in dozens of lawsuits as visual artists, novelists, music record labels and other creative industries take AI companies to court, with mixed results.

    In the case involving the biggest copyright settlement so far, OpenAI rival Anthropic agreed to pay book authors $1.5 billion for training its chatbot Claude on their pirated works — an amount that represents a small fraction of Anthropic’s $965 billion market valuation as it prepares to become publicly traded.

    The New York Times’ arguments are different from those brought by book authors. In its original lawsuit and an amended complaint filed last month, it focused on the unfair competition of companies that “seek to free-ride on The Times’s massive investment in its journalism by using it to build substitutive products without permission or payment.”

    The Times has already spent more than $28 million on fighting AI companies in court, according to filings with financial regulators that disclose its litigation costs. The costs include another lawsuit the newspaper filed last year against AI company Perplexity. Among the sanctions sought by the newspapers Thursday are attorney fees that would pay for the efforts to secure “improperly withheld” evidence.

    The mounting costs come as a growing number of media organizations have signed licensing deals with OpenAI and other AI companies such as Google and Facebook parent Meta that typically pay the outlet a fee to be able to train AI systems on their news feeds or archives. The Associated Press was the first to announce such a deal with OpenAI in 2023.

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    O’Brien reported from Providence, Rhode Island.