Transcript

Hello and welcome to “Just a Moment News,” I’m your host, Erika, bringing you today’s headlines on this 3rd of October, 2024. Let’s dive into the stories making waves today.

Starting off, Roy Bagattini, the CEO of Woolworths, has received substantial share awards through the company’s long-term incentive scheme, totaling almost one hundred million Rand over two years. In the most recent financial year, he was awarded sixty-seven million Rand in shares and an additional thirty million Rand between July 2023 and June 2024. Despite these significant awards, his total remuneration for FY2024 was sixty-five point three million Rand, a notable decrease from the previous year. Bagattini also sold one million shares for seventy-one million Rand and currently holds unvested shares valued at one hundred eleven million Rand. His employment contract has been extended, with a revised restraint of trade agreement.

In tech news, OpenAI has raised six point six billion dollars in its latest funding round, marking the largest venture capital deal ever with the company now valued at one hundred fifty-seven billion dollars. This round was led by Joshua Kushner’s Thrive Capital, with major contributions from Microsoft, Nvidia, SoftBank, and others. This funding is part of OpenAI’s planned shift to a for-profit model, with investors having the option to pull out if this transition isn’t completed within two years.

Switching gears to science, researchers have unveiled a detailed map of the entire brain of a fruit fly, an effort that took over a decade to complete. This model contains over one hundred forty thousand neurons and about four hundred ninety feet of neural wiring. The detailed map was created by capturing over twenty-one million images through slicing the brain into thin sections. This achievement is expected to provide valuable insights into brain function that could be applied to other species, including humans.

In entertainment, Dr. Mark Chavez, a 54-year-old ketamine clinic operator, has pleaded guilty in connection with the drug-related death of actor Matthew Perry. Chavez admitted to conspiring to distribute ketamine, which he sold to another doctor who then supplied the drug to Perry. Chavez is one of five individuals charged in the case and faces up to ten years in prison. He has surrendered his medical license and will remain free on bail until sentencing.

From Japan, an unexploded American World War II bomb buried at Miyazaki Airport detonated on Wednesday, causing a large crater and the cancellation of over eighty flights. Fortunately, there were no injuries, and no aircraft were nearby during the explosion. The bomb, a five hundred-pound U.S. ordinance, was confirmed as the cause after an investigation by the Self-Defense Forces and police.

In lighter news, the popular South African outdoor cooking competition, Ultimate Braai Master, is back for its fifth season, airing on BBC Lifestyle. This season features teams competing across stunning South African locations like the Drakensberg Mountains and the Wild Coast, with a prize package worth over two million Rand.

Lastly, Apple TV Plus has renewed the detective series Sugar for a second season. The show, starring Colin Farrell, has transitioned into sci-fi territory after a mid-season twist in its first season. The second season will focus on another missing persons case in Los Angeles.

That wraps up today’s episode of “Just a Moment News.” I’m Erika, and I hope you found today’s stories insightful. Thanks for tuning in, and we’ll see you next time.

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