DIRS.INFO The most relevant business & tech news

Paramount’s proposed merger with Skydance has been the most tumultuous media deal in years. Now it has taken yet another turn after the exclusivity period for negotiations expired without an agreement in hand. Paramount shareholders grumbled that granting exclusivity was a mistake, and that the company should have engaged with Apollo instead. This week, the special committee told Skydance that it was letting the exclusivity period lapse. But it does allow Paramount to open up negotiations with Apollo and Sony Pictures Entertainment, which joined Apollo’s bid.

Persons: Paramount’s, Skydance, David Ellison — Organizations: Apollo Global Management, Paramount, Skydance, Apollo, Sony Pictures Entertainment

☆ India deports Myanmar refugees who fled 2021 coup
▼ + stars: | 2024-05-02 | by ( Story Reuters | ) edition.cnn.com time to read: +2 min

Guwahati, India — India on Thursday deported the first group of Myanmar refugees who had sought shelter after a 2021 military coup, a top state minister said, following weeks of efforts that were hampered by fighting between Myanmar’s rebel forces and the ruling junta. Thousands of civilians and hundreds of troops from Myanmar have crossed the border to India after the coup. This has worried New Delhi, which has announced plans to fence its border with Myanmar and end a visa-free movement policy. “Without any discrimination, we have completed the first phase of deportation of illegal immigrants from Myanmar,” Manipur Chief Minister N. Biren Singh said in a social media post. “The state government is continuing the identification of illegal immigrants.”Thousands of people have crossed from Myanmar into India since the 2021 coup, like these civilians seen in India's border state of Mizoram on November 20, 2021.

Persons: Biren Singh, Rupak De Chowdhuri, Singh, Narendra Modi’s, Modi Organizations: “, Reuters, Indian, Refugee Convention, Narendra Modi’s Bharatiya Janata Party Locations: Guwahati, India, Myanmar, New Delhi, Manipur, India's, Mizoram

☆ Here are Monday's biggest analyst calls: Apple, Nvidia, Tesla, Meta, Amazon, Microsoft, Spotify, Ferrari & more
▼ + stars: | 2024-04-22 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Morgan Stanley reiterates Apple as overweight Morgan Stanley lowered its price target on the stock to $210 per share from $220 but says it's sticking with Apple. Bank of America reiterates Amazon as buy Bank of America said it's bullish heading into Amazon earnings next week. Bank of America reiterates Tesla as neutral Bank of America said it's sticking with its neutral rating on Tesla shares. Morgan Stanley upgrades Alcoa to equal weight from underweight Morgan Stanley said it sees a more balanced risk/reward for shares of Alcoa. Bank of America reiterates Apple as buy Bank of America says Apple is a top pick at the firm.

Persons: Goldman Sachs, Goldman, Morgan Stanley, it's, Piper Sandler, Piper, Apple, Q, Q revs, Papa, Stifel, Papa John's, Jefferies, Mizuho, JPMorgan, Raymond James downgrades, Raymond James, TD Cowen, BRBR, BMO downgrades, Tesla, Oppenheimer Organizations: Nvidia, NVIDIA, RBC, Apple, Microsoft, Meta, Bank of America, JPMorgan, Cisco, Deutsche Bank, Realty Trust, Deutsche, Brands, BMO, of America, Alcoa, Kymera Therapeutics, " Bank of America Locations: Singapore, Asia, Brazil

☆ I could have made $2,100 cashing in on solar eclipse tourism—why I chose not to, from a U.S. retiree in Mazatlán, Mexico
▼ + stars: | 2024-04-04 | by ( Janet Blaser | ) www.cnbc.com time to read: +4 min

She moved away in advance of the April 8 total solar eclipse. The resort town of Mazatlán, Mexico — where I lived from 2006 until last month — is one of the best spots to witness the total solar eclipse on April 8. A chance to make $300 a night for a weekRumors started circulating roughly three years ago about people renting their places for inflated prices during the eclipse week. One local friend's family charged up to four times the regular rates for their 10 vacation rental condos for the eclipse week. They told me they were offered $400 a night for the eclipse week.

Persons: Janet Blaser, Mazatlán, Eric, Jenna Streit, Eric said, Ashley, Williams, I'd, it's, San Antonio Tlayacapan, pang, Lisa Shoop Organizations: Tourism, Centro Historico, Los Muertos Locations: Mazatlán, Mexico, American, Austin , Texas, Sinaloa, Los Angeles, Covid, Airbnb, Los, San Antonio, Guadalajara, San

☆ Here are Thursday’s biggest analyst calls: Nvidia, Rivian, Sunrun, DoorDash and more
▼ + stars: | 2024-02-22 | by ( Hakyung Kim | ) www.cnbc.com time to read: +6 min

Here are Thursday's biggest calls on Wall Street: Morgan Stanley raises Nvidia price target Morgan Stanley increased its price target on shares to $795 from $750 after the chipmaker's earnings announcement. " UBS reiterates Nvidia as buy, but trims price target UBS reiterated its buy rating on Nvidia but reduced its price target to $800 from $850. Morgan Stanley upgrades DoorDash to overweight from equal weight Morgan Stanley's upgrade comes after the stock fell around 10% since its earnings report on Feb. 15. Morgan Stanley reiterates overweight rating on Rivian Automative Morgan Stanley kept its overweight rating on Rivian , but cited concerns on the company's outlook. Jefferies reiterates Sunrun as buy Jefferies also raised its price target on Sunrun to $31 from $25, implying shares nearly doubling from Wednesday's close.

Persons: Morgan Stanley, Goldman Sachs, Nvidia Goldman, Morgan, Rivian, Automative Morgan Stanley, Jefferies, Sunrun, Bernstein, Wendy's, Wendy, TD Cowen, Cowen, COTY, Cantor Fitzgerald, Root, Cantor, Remitly Organizations: NVIDIA, UBS, Nvidia, Data Center, RBC, Rivian Automotive, EV, Petrobras, ITC, Coty, BMO, Markets Locations: Argentine, China, Brazil, 2024E

☆ How one man’s walk across America became a journey of advocacy
▼ + stars: | 2024-01-20 | by ( Brammhi Balarajan | ) edition.cnn.com time to read: +7 min

That day, “tiny seeds were planted,” and Ringer got a sense that he could do this one day – he could walk across America. Courtesy Holden Minor RingerCreating walkable communitiesTo prepare for his journey – which started in March 2023 – Ringer started going on longer walks, eventually doing a nine-day walk from Vancouver to Seattle. He started off the journey with a backpack full of gear, but a lot has changed over the months. The journey also opened his eyes to the intense safety risks of walking through a country that centers around vehicle use. “At the start of the walk, I was thinking – maybe I want to walk across the world next.

Persons: CNN — Holden Ringer, he’s, Ringer, “, ” Ringer, didn’t, Forrest Gump, ’ ”, ” He’s, Holden Ringer, Holden, He’s, Smiley, it’s, ”, who’ve, –, he’d, hadn’t Organizations: CNN, KFC, Emory University, America Locations: America, Seattle, Georgia, Kansas, Atlanta, Nashville , Tennessee, Vancouver, Washington ,, New York, Connecticut, Oregon, Dia de, Boise , Idaho, Missouri, Colorado

☆ Mouthwatering tamale recipes you can (and should!) make at home
▼ + stars: | 2023-12-03 | by ( Meghan Hynes Cole For Food Network | ) edition.cnn.com time to read: +4 min

The hearty Mexican dish includes a flavorful filling wrapped in masa, then steamed in corn husks. Once you unwrap a freshly made tamale at your own table and take a bite, you’ll know your effort was worth it. This recipe encompasses Vianney’s love for her abuelita and honors her memory with a twist on chicken tamales. “The dried flowers also add a fragrant, earthy taste to the poached chicken filling,” Vianney says. Everyone has their favorite filling — chicken, beef and pork are all popular.

Persons: Jason David Page, Vianney Rodriguez, marigolds, Dia, ” Vianney, Emile Wamsteker, poblano, Teri Lyn Fisher, masa, Michael Moriatis Organizations: Food Network, Muertos, Television Food Network, Food Locations: masa, United States, Dia de, Oaxaca, Mexico, chiles

☆ The biggest debate in tech
▼ + stars: | 2023-11-02 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. In today's big story, we're looking at the tech industry's debate over whether AI poses a real threat to humanity. The big storyBig Tech's big lieAP Photo/Julia Nikhinson; Arantza Pena Popo/InsiderWant to get someone in tech riled up? The private event, which had an exclusive guest list, has been criticized for favoring Big Tech executives over actual AI experts. "When big tech companies, big startups, and powerful VCs start calling for regulation of their hottest new technology, something is very wrong," Alistair Barr, Insider's global tech editor, told me.

Persons: —, Heidi Klum's, Klum, Julia Nikhinson, Arantza Pena Popo, Andrew Ng, Ng, Big, BlackRock's Larry Fink, Spencer Platt, Elon Musk, Alistair Barr, It's, Alistair, Insider's Beatrice Nolan, Sam Bankman, Aaron Schwartz, Stanley Druckenmiller, Druckenmiller, Tyler Le, SBF, Wendy Lee, Alba Santaliestra, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, Fed, Tech, Google, Australian Financial, Big Tech, Getty Images Tech, Wired, Xinhua, Getty, Market, Apple, YouTubers, YouTube, Mexico City Locations: Israel, Muertos, Mexico, New York City, San Diego, London, New York

☆ Day of the Dead is full of longstanding traditions meant to honor ancestors
▼ + stars: | 2023-11-01 | by ( Leah Asmelash | Nicole Chavez | ) edition.cnn.com time to read: +5 min

Día de los Muertos is a tribute to the afterlife, a day meant to honor those who have died and keep their memory alive. Unlike Halloween, which historically was a day to ward off evil spirits, Day of the Dead is more about paying respects to loved ones who have died. Just like in Mexico, Filipinos visit their loved ones’ graves and also create altars to those who have passed. Many people honor Day of the Dead by visiting the graves of dead relatives and loved ones. People come together to share stories of their loved ones — helping keep their memory alive.

Persons: CNN —, you’ve, papel, Coco ”, Día, Baron Samdi, Hector Retamal, José Guadalupe Posada, Pedro Pardo Organizations: CNN, Cite Soleil, Getty, Aztecs Locations: los, Mexico, calaveras, Día de los, America, Philippines, Haiti, Port, Prince, AFP, Americas, Spanish, de los, de los Muertos, Mexico City, Mexican

☆ A Brunch for Both the Living and the Dead
▼ + stars: | 2023-11-01 | by ( Becky Duffett | ) www.nytimes.com time to read: +1 min

Stepping into the courtyard of Bombera, the acclaimed Mexican restaurant in Oakland, Calif., always feels like arriving at a party. Papel picado in marigold orange and saffron yellow flutters overhead, seemingly waving guests into the space, an airy former firehouse. But the restaurant reaches its full splendor in the fall, when the dining room is decorated in preparation for Mexican Day of the Dead. “From day one, she’s been helping us make sure that Bombera’s dressed up in bows,” Rice-Cisneros said. And when Momoca, who is based in Mexico City, mentioned last year that Japan also honors the dead by decorating altars, during the Obon spirit festival, Rice-Cisneros suggested she make one for Bombera, hatching a plan to unveil the installation during a party that would bring together their two communities.

Persons: Papel, Dominica Rice, Cisneros, Momoca, she’s, ” Rice, Rice Organizations: Día de Locations: Bombera, Oakland, Calif, Día de los, Mexico City, Japan

☆ Quiet cutting: How power in U.S. offices may be shifting back to bosses
▼ + stars: | 2023-10-13 | by ( Anuz Thapa | ) www.cnbc.com time to read: +1 min

In the American workplace of 2023, a new labor market trend has taken over where "quiet quitting" left off. Quiet cutting. "Quiet cutting is what some people consider a subcategory of quiet firing," said Nadia De Ala, a leadership and negotiation coach. "Quiet cutting suggests that the balance is shifting, with employers gaining more control." Watch the video above to learn more about quiet cutting and what this workplace trend tells us about the U.S. job market and the overall economy.

Persons: Nadia De, we've, Joanne Lipman Organizations: Yale University Locations: American, Nadia De Ala

☆ The ‘Barbie’ movie has people buying ‘emotional support’ dolls. Psychologists say that’s a good thing
▼ + stars: | 2023-09-26 | by ( Aj Willingham | ) edition.cnn.com time to read: +7 min

CNN —The “Barbie” movie is a bona fide cultural moment. Some videos show people carefully roaming toy aisles to pick out dolls that speak to their careers, identities or just their sense of whimsy. In one popular TikTok, a daughter surprises her mom with a Dia De Muertos Barbie, and no one comes away dry-eyed. Greene thought the idea of an emotional support Barbie was a little silly at first, but she found herself in a Target one weekend and caved. When Flora saw the “Barbie” movie with her daughter, she says nearly the whole audience was decked out in pink, sparkles and sunglasses, bubbling over with excitement.

Persons: Barbie, it’s, ”, “ Barbie, ” “, Muertos, “, Kristin Flora, she’s, ” Flora, Cameron Greene, Greene, Justin Sullivan, Flora, Pat Cafaro, tutu, ” Cafaro Organizations: CNN, Warner Bros, Pictures, Warner Bros ., Dia, Franklin College in, “, Retailers, rec Locations: Franklin College in Indiana, Lanham , Maryland, Corte Madera , California, Sarasota , Florida

Some deal makers wonder whether tennis, which has already confirmed initial talks with Saudi Arabia, will be the fund’s next target. “Of all the important sports around the world, I think tennis is clearly the one with the greatest opportunity for financial growth and the most unrealized value,” Maria Sharapova, the retired tennis star, told DealBook. Despite the popularity of tennis, the sport brings in only 1.3 percent of earnings from global media sports rights. That’s partly because tennis is made up of myriad entities — including the Women’s Tennis Association; the U.S. Tennis Association; and independent tournaments. The independently operated organizations make scheduling tournaments difficult and diminish bargaining power for sponsorship and media deals.

Persons: Novak Djokovic, Coco Gauff, Aryna Sabalenka, ” Maria Sharapova, DealBook Organizations: U.S, Saudi Arabia’s Public Investment Fund, Women’s Tennis Association, U.S . Tennis Association Locations: Saudi Arabia, U.S

☆ Nvidia deepens bets on AI in drug discovery with Recursion investment
▼ + stars: | 2023-07-12 | by ( ) www.reuters.com time to read: +2 min

July 12 (Reuters) - Chip designer Nvidia (NVDA.O) will invest $50 million to speed up training of Recursion's (RXRX.O) artificial intelligence models for drug discovery, the companies said on Wednesday, sending the biotech firm's shares surging about 62%. Recursion, whose advisers include AI pioneer Yoshua Bengio, will use its biological and chemical datasets exceeding 23,000 terabytes to train AI models on Nvidia's cloud platform. Nvidia, seen as a big winner of the boom in artificial intelligence, could then license those models to biotech firms through BioNeMo, a generative AI cloud service for drug discovery that it rolled out earlier this year. The investment comes as Recursion strengthened its AI focus in May by snapping up two companies in the AI-driven drug discovery space for $87.5 million. The Salt Lake City, Utah-based company's current partners include Bayer (BAYGn.DE) and Roche (ROG.S).

Persons: Nvidia, Roche, Mubadala, Baillie Gifford, Chavi Mehta, Stephen Nellis, Mariam Sunny, Shilpi Majumdar, Sriraj Organizations: Nvidia, Bayer, Baillie Gifford & Co, Thomson Locations: BioNeMo, Salt Lake City , Utah, Abu, Bengaluru, San Francisco

☆ New L&G CEO has ways to tackle Brexit discount
▼ + stars: | 2023-06-15 | by ( ) www.reuters.com time to read: +2 min

LONDON, June 15 (Reuters Breakingviews) - Britain’s Legal & General (LGEN.L) is betting on an outsider to offset a valuation discount against non-UK rivals. The $17 billion insurer has picked Banco Santander’s (SAN.MC) regional head of Europe António Simões as its new CEO. The unit’s non-UK assets accounted for 43% of new money last year. The arrival of the Portuguese-born banker will cost L&G 1.175 million pounds in annual basic salary, 9% more than Wilson’s base pay. That adds pressure for Simões to tackle L&G’s Brexit valuation gap.

Persons: Nigel Wilson –, –, Simões, Assicurazioni, Wilson, Pamela Barbaglia, Lisa Jucca, Oliver Taslic Organizations: Reuters, Banco Santander’s, Allianz, HSBC, HK, G Capital, Twitter, Bank, Thomson Locations: Europe, Zurich, London, Hong Kong, United States, Portuguese, India

☆ Read Your Way Through Los Angeles
▼ + stars: | 2023-05-17 | by ( Héctor Tobar | ) www.nytimes.com time to read: +2 min

Read Your Way Around the World is a series exploring the globe through books. Outsiders often think of Los Angeles as an anti-intellectual place, all Hollywood glitz and no substance, but writers have always been drawn to my hometown. In David L. Ulin’s “Writing Los Angeles: A Literary Anthology,” I read about Simone de Beauvoir’s 1947 journey to L.A.’s Eastside, where she learned about the city’s anti-Mexican prejudice and admired Dia de los Muertos skulls. It’s no accident that two very different, canonical works of L.A. literature climax with riots, even though they were written more than a half century apart: Nathanael West’s 1939 novel “The Day of the Locust,” and Anna Deavere Smith’s play “Twilight: Los Angeles, 1992.”Is there a book, or a writer, who captures the essence of Los Angeles? With her iconic 1960s and ‘70s essays about Los Angeles and the West, in collections such as “Slouching Towards Bethlehem,” Didion helped invent New Journalism.

Follow for live updates on the Trump CNN town hall meeting. Those objections intensified on Tuesday after Mr. Trump was found liable for the sexual abuse and defamation of the writer E. Jean Carroll. And foes of Mr. Trump will cringe at seeing him on air at all. He is backed by David Zaslav, the Warner chief executive, who has batted away objections to Wednesday’s Trump town hall. There is the awkward fact that Mr. Trump still has a pending $475 million defamation lawsuit against the network.

☆ Cinco de Mayo: Frequently asked online questions about the holiday
▼ + stars: | 2023-05-05 | by ( Brandon Griggs | ) edition.cnn.com time to read: +2 min

These are actual questions people asked on Google and other search engines about the Mexican holiday, which is a bigger deal in the US than it is in Mexico. Cinco de Mayo. Many Americans assume Cinco de Mayo is Mexico’s Independence Day. It’s not a federal holiday, although the day is celebrated in the Mexican state of Puebla with parades and fireworks. If your party game is strong, Cinco de Mayo could even be a state of mind.

☆ Tony Finau caddies for young sons, just hours after Mexico Open win
▼ + stars: | 2023-05-01 | by ( Jack Bantock | ) edition.cnn.com time to read: +3 min

Hours after clinching the Mexico Open title with a three-shot win over world No. On Sunday, his sixth PGA Tour victory fell on El Día Del Niño – Children’s Day in Mexico – and Finau had a message for youngsters. If you do that, then you can do some great things.”Finau and his family celebrate his Mexico Open win. Having finished joint runner-up to Rahm at last year’s Mexico Open, Finau derailed the Spaniard’s title defense to clinch his fourth win in his last 18 starts and jump five places to world No. Finau denied Rahm back-to-back Mexico Open titles.

☆ George Santos's elaborate lies has seen the Congressman compared with a 19th-century huckster. History bears that out.
▼ + stars: | 2023-02-20 | by ( Allegra Rosenberg | ) www.businessinsider.com time to read: +15 min

My obsession is summed up pretty well by a tweet from @blagojevism: "George Santos is essentially a 19th-century character. Media depicting these characters found inspiration from real life: in a time before digital records and facial recognition, opportunity was everywhere. George Santos's brand of full-throated scammery is particularly American, something that belongs to this country as much as Abraham Lincoln and apple pie. The phrase "and if you believe that, I've got a bridge to sell you" comes from his legendary real-life method. But Santos, so far, has avoided jail time, giving him at least one leg up over the Yellow Kid.

☆ Djokovic says injury doubters give him extra motivation
▼ + stars: | 2023-01-24 | by ( ) www.reuters.com time to read: +2 min

MELBOURNE, Jan 24 (Reuters) - Novak Djokovic said any questions over whether he has genuinely been struggling with a hamstring injury at the Australian Open only give him extra strength and motivation. In his English post-match press conference, the 35-year-old said he felt as good as he had since he sustained the injury in an Adelaide warm-up tournament, but in later comments to Serbian media he rounded on the doubters. "I leave the doubting to those people; let them doubt," he said, according to the Tennis Majors website. When some other players are injured, then they are the victims, but when it is me, I am faking it. "But I am used to it, and it just gives me extra strength and motivation.

☆ Renault considers making mass-market EVs in India, sources say
▼ + stars: | 2023-01-09 | by ( ) www.cnbc.com time to read: +3 min

It also points to the shifting perception of the auto market in India, which posted the fastest growth of any major market in 2022. Renault is studying launching a made-in-India electric version of its Kwid hatchback, the people told Reuters. Renault India declined to comment on product plans but said the company has a "strong focus on electrification globally" as part of the strategy outlined by CEO Luca de Meo and that "India is one of the key markets" for the group. India is set to become the world's third-largest market for passenger and other light vehicles, displacing Japan, according to a forecast by S&P Global Mobility. Industry-wide sales grew an estimated 23% to 4.4 million vehicles in 2022.

[1/2] The rear light of a Dacia Spring electric car is pictured during the Brand Manifesto Dacia event at Le Bourget near Paris, France, September 13, 2022. It also points to the shifting perception of the auto market in India, which posted the fastest growth of any major market in 2022. Renault is studying launching a made-in-India electric version of its Kwid hatchback, the people told Reuters. To qualify for incentives in India, Renault would have to build the car at its alliance plant in southern India and source components locally, the first person said. As a part of the India reboot, Renault also plans to invest in refurbishing and upgrading some of its major dealerships in big cities, the person said.

☆ Berlusconi-backed MFE notifies Austrian watchdog about Prosiebensat.1 holding
▼ + stars: | 2022-12-18 | by ( ) www.reuters.com time to read: +2 min

ZURICH, Dec 18 (Reuters) - Italian businessman Silvio Berlusconi family's MediaForEurope NV vehicle has notified the Austrian competition authority about the "acquisition of de facto sole control of ProSiebenSat1 Media DE Deutschland" (PSMGn.DE), the competition watchdog said. MFE had no comment on the notification, which was first reported by German media portal DE24LIVE. The announcement, dated Dec. 13 on the Austrian regulator's website was made because ProSieben also operates in German-speaking Austria. MFE, controlled by the former Italian prime minister's family, has built, partly through derivatives, a 29.9% voting stake in its German rival, cementing its position as single biggest shareholder. "We haven't really seen ProSieben address the big challenges the industry faces: audience decline, digital transformation ... and the need for scale to compete with digital giants," MFE finance chief Marco Giordani told analysts.

Search resuls for: "Dia de"

25 mentions found