 NATO said that the Ukraine-Russia war could last years and that the West must prepare for a long-term conflict. The assessment from NATO Deputy Secretary-General Mircea Geoana came after Russian missiles struck Kyiv while U.N. Secretary-General António Guterres was visiting the city. More: - Ukrainian President Volodymyr Zelensky said at a press conference that Russian strikes on Kyiv on Thursday were an attempt to "humiliate the UN and everything that the organization represents."
- The German government described the attack as "inhumane."
- A journalist from the U.S.-funded Radio Free Europe/Radio Liberty (RFE/RL) media organization was killed by the Russian missile strikes in Kyiv.
- Vira Hyrych, who worked for RFE/RL since 2018, was described as "a bright and kind person, a true professional."
- Ukrainian officials said they may try to evacuate hundreds of civilians who are holed up in a steel plant in the besieged town of Mariupol.
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 Canadian finance minister Chrystia Freeland. The Canadian government plans to invest CA$1B ($780M USD) to create a new high-tech innovation agency over the next five years. Canada is expected to take cues from other elite research agencies like the U.S. Defense Advanced Research Projects Agency (DARPA). More: - Canada has already developed five regional research "superclusters" focused on particular industries, but the new agency will have a national emphasis and will support research in a broad array of industries.
- Dan Breznitz, co-director of the Innovation Policy Lab at the University of Toronto, said that the new agency should be a "nimble, fast-moving, independent organization that is deeply engaged with business."
- Canada may look to the Israel Innovation Agency (IIA) or the Finnish Funding Agency for Technology and Innovation (TEKES) as models.
- Breznitz described these two agencies as global research and innovation hubs.
- The new agency will need to coordinate actors from the government, academic research, and private companies in order to stimulate innovative R&D.
- The Canadian government plans to consult with stakeholders before offering more details about the planned agency later this year.
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 A senior official at the U.S. Department of Labor said that Fidelity’s recently announced plan to allow Bitcoin in 401(k) accounts may be too risky for many investors. Last month the Labor Department published guidance on its concerns about including cryptocurrencies in 401(k) plans, and Fidelity's recent move to do just that drew pushback from the agency. More: - In its guidance, the Labor Department said that employers offering cryptocurrencies should expect questions "about how they can square their actions with their duties of prudence and loyalty" under U.S. pension law.
- Officials from the Employee Benefits Security Administration (EBAS), which is part of the Labor Department, have scheduled a meeting with Fidelity executives to discuss their concerns.
- They are particularly interested in Fidelity's plan to offer investors the opportunity to put up to 20% of their 401(k) fund into Bitcoin.
- Fidelity, which administers 401(k)-style accounts for more than 20 million people, said that as well as Bitcoin, it may add other cryptocurrencies in the future.
- EBAS is also concerned about the crypto offerings of ForUsAll, a 401(k) provider that has partnered with Coinbase to offer investors the opportunity to put up to 5% of their contributions into digital assets.
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 GOOD NEWS: The U.S. Army has delivered a birthday cake to a 90-year-old Italian woman to make up for one stolen from her 77 years ago. When U.S. troops arrived in Italy at the end of World War II some soldiers pilfered a cake from the home of Meri Mion, who had just turned 13. More: - Col. Matthew Gomlak said that the people in Vincenza gave bread and wine to weary U.S. soldiers during a 1945 battle that saw 19 American casualties.
- The morning after the battle, Mion's mother made her a cake for her 13th birthday, and let it cool on the windowsill.
- "[Mion's] happiness turned into disappointment later when the resourceful American soldiers made off with [the cake.]" Col. Gomlak said.
- This week, to make amends for that theft, U.S. Army officials held a ceremony to celebrate Mion's 90th birthday near Vincenza, in northeast Italy, presenting her with a cake that read, "Buon 90 Compleanno!"
- Mion said she will eat the cake "with all my family, remembering this wonderful day that I will never forget."
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 A message from LAIKA If you’re trying to close deals, SOC 2 is probably a thorn in your side. What is it, and who cares? Your business needs SOC 2. But building compliance from scratch is complicated, time-consuming, and the cost can be crippling. Laika has you covered. Uncomplicate SOC 2 with our guide for growth-minded founders. In the guide by Laika you’ll learn: - What is SOC 2 compliance and why it matters for your startup
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 The Philadelphia 76ers beat the Toronto Raptors 132-97, winning their playoff series 4-2 and moving on to face the Miami Heat in the next round of the NBA playoffs. The Phoenix Suns also won their first-round series 4-2, beating the New Orleans Pelicans 115-109. 76ers v. Raptors: - Philadelphia big man Joel Embiid scored 33 points and snagged 10 rebounds in 36 minutes.
- 76ers star James Harden said after the win: "We weren't going back to Philly for a Game 7."
- The 76ers are hoping to reach the Eastern Conference finals for the first time since 2001.
- Philadelphia will begin its series against the top-seeded Miami Heat on Monday night.
Suns v. Pelicans: - Chris Paul, who scored 33 points, joined record-setting NBA legend Wilt Chamberlain as one of the two players to score 14 or more baskets without a miss.
- Suns guard Devin Booker complimented Paul, saying that his hot shooting "gives you the utmost confidence playing with him."
- The Suns will play the Dallas Mavericks in the next round.
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 LeVar Burton, U.S. actor and former host of the PBS show "Reading Rainbow," will receive the first Lifetime Achievement Award at the inaugural Children's and Family Emmys in December. As the host of "Reading Rainbow," which ran between 1983 and 2006, Burton read books, interviewed public figures, and taught social skills to children, allowing him to become a popular figure among a generation of U.S. children. More: - "Reading Rainbow" won over 200 awards, including 12 Daytime Emmys and a Peabody Award.
- The actor is also known for playing the character of Kunta Kinte in the 1977 slavery drama "Roots."
- Burton responded to the news on Twitter with one word: "Whoa..."
- The Children's and Family Emmys, which are scheduled for Dec. 11, will be the first new standalone Emmys awards event since 1979.
- Previously, children's programs were nominated for Daytime Emmys.
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- The Jacksonville Jaguars picked Georgia defensive end Travon Walker with the first overall pick in the 2022 NFL Draft.
- Legislators in Oklahoma passed two anti-abortion bills on Thursday. One will ban abortions after six weeks and the other — like the anti-abortion legislation that went into effect in Texas in September last year — will allow private citizens to file civil lawsuits against abortion providers.
- Elon Musk reportedly told banks that he plans to slash costs at Twitter by reining in executive and board pay while finding new ways to monetize tweets.
- The Justice Department sued Paul Manafort for $3M for failing to report his financial interest in foreign accounts. Manafort, who was one of the managers of Donald Trump's 2016 presidential campaign, was convicted on charges of tax evasion and bank fraud in 2018. Trump pardoned him in late 2020.
- To deliver real-time analytics on massive datasets developers must balance latency, throughput, concurrency, and data freshness. Watch Molecula's Webinar.*
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 Design for the set of Romeo and Juliet by Salvador Dali. 1942
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 |  | Daniel Smith is an Inside Analyst who currently resides in Miami, Florida. A native of Brooklyn, New York, Daniel spent the last four years as a PhD candidate in Politics and International Studies at Cambridge University in the United Kingdom. He is fascinated by tech, business, politics, venture capital, and everything in between. When he’s not writing for Inside he can be found kicking a ball on the nearest rugby pitch. Follow him on Twitter @DanSmithInside. |  | | Editor | Eduardo Garcia is a writer and editor based in New York. He is writing an illustrated book about climate change that will be published by Ten Speed Press, an imprint of Penguin Random House. Bylines in The New York Times, The Guardian, Slate, Scientific American, and others. In one of his previous lives, Eduardo worked as a Reuters correspondent in Latin America for nearly a decade. | |
Controlling Complexity: a video featuring Simone Biles. Presented by Axonius. Watch now. | |
Laika is a unified compliance platform that automates workflows for audits, infosec monitoring, and vendor due diligence in a single, collaborative space. | |
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