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☆ AudioStack can create voice adverts in 8 seconds with AI. Check out the 18-slide pitch deck it used to raise $3.1 million.
▼ + stars: | 2024-02-06 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +2 min

Read previewAudioStack, an AI audio production startup, has raised $3.1 million in funding. The company works with major businesses that produce thousands of pieces of content a month to generate audio, mix, level, and master voice and music for advertising purposes. AdvertisementThe startup works with large advertising agencies to ingest audio content and speech, with the intention of reducing the speed and cost of producing adverts. AudioStack has raised $3.1 million to scale its operations in a funding round led by Quadri Ventures. "The landscape has fundamentally changed previously it was all about Web3, and it was hard to raise as an AI company despite our good traction," Kunz added.

Persons: —, Timo Kunz, Kunz, AudioStack, " Kunz Organizations: Service, Porsche, Business, Quadri Ventures Locations: London

☆ He’s Worked a Lot of Odd Jobs, and Has the Poems to Prove It
▼ + stars: | 2023-08-29 | by ( Jeff Gordinier | ) www.nytimes.com time to read: +4 min

You can pick up the echo in “Fixer," the haunting second collection of poems from Edgar Kunz. The narrator of these poems bounces from one side hustle to another, each more absurd than the last. In “Model,” he’s paid to pose in jeans at a gas station. In “Shoulder Season,” he’s paid to slice window panes out of massive sheets of glass. I am notany of those things, but I amnot comfortedNo one will accuse Edgar Kunz of being out of step with the zeitgeist.

Persons: Edgar Kunz, Herman Melville, noncompliant scrivener, ”, Charles Bukowski’s, Edgar Kunz ., ” he’s, Kunz, —, you’re, WillRobotsTakeMyJob.Com, Edgar Kunz of, Raymond Carver, Kunz doesn’t flinch, “ Organizations: “ Locations: American

As Vene Chun guided his Hawaiian canoe to shore past tourists learning to surf at one of Maui’s public beaches, his thoughts were a jumble. He had just come from spreading ashes at sea with a family devastated by the fire that scorched the town of Lahaina farther west. For days, he and his outrigger canoe were right there, too, bringing food, water, whatever survivors needed. Mr. Chun, 52, stood beside his canoe in a grassy park 20 miles from the ashen disaster wearing a wreath reflecting his Native Hawaiian roots. “We’ve got to move on — and constantly help each other at the same time.”

Persons: Vene Chun, Chun, longboards, “ There’s, ”, “ We’ve Locations: Lahaina

ZURICH, July 11 (Reuters) - A rare Swiss parliamentary investigation due to start this week aims to establish what went wrong before the dramatic fall of Credit Suisse, once Switzerland's second biggest bank. It was apparent that Credit Suisse was in difficulties over the last two years after a string of scandals, with customers withdrawing money on a massive scale at the end of 2022. Could the central bank have done more, for example by promising Credit Suisse unlimited liquidity to reassure customers and stem the outflow of funds? It is unclear whether Credit Suisse and UBS executives are obliged to appear if asked, but they are expected to do so due to intense political and public pressure. POSSIBLE OUTCOMESWhile some experts have said the inquiry offers the Swiss authorities an opportunity to redeem themselves, others have warned it could simply become political theatre.

Persons: Peter V Kunz, Isabelle Chassot, Franziska Ryser, John Revill, Tomasz Janowski, Alexander Smith Organizations: Credit Suisse, UBS, Bern University, Swiss, Swiss National Bank, Suisse, Swiss People's Party, Social Democrats, Greens, Green Liberals Party, Thomson Locations: ZURICH, Swiss, Switzerland, Mitte

PARLIAMENT 'CIRCUMVENTED'The Credit Suisse/UBS merger marked the first time that parliament had withheld its support for emergency laws designed to deal quickly with crises. Swiss Finance Minister Karin Keller-Sutter defended the use of the emergency powers, saying Switzerland was not an "emergency dictatorship." "The emergency law is based on the federal constitution and I don't think it's correct to say it's illegal." "Politicians might have wanted to show their disapproval about what happened, but they don’t want the UBS takeover to fail." The use of such emergency legislation, overturning antitrust rules, is a problem for Swiss democracy and rule of law.

☆ UBS only party that could derail Credit Suisse takeover, law professor says
▼ + stars: | 2023-04-05 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUBS only party that could derail Credit Suisse takeover, law professor saysPeter V. Kunz, managing director of the Institute for Economic Law at the University of Bern, weighs in on the legal path ahead for the UBS takeover of Credit Suisse.

☆ Switzerland faced a full-scale bank run if Credit Suisse went bankrupt, Swiss regulator argues
▼ + stars: | 2023-04-05 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +7 min

It would have erased the holding company Credit Suisse Group, along with the parent bank Credit Suisse AG and its branches, while retaining the Credit Suisse (Schewiz) AG entity because of its "systemic importance." "The parent bank Credit Suisse AG would have gone under – a Swiss bank with total assets of over CHF 350 billion and ongoing business also running into many billions," Angehrn warned. Many other Swiss banks would probably have faced a run on deposits, as Credit Suisse itself did in the fourth quarter of 2022." Angehrn said the regulator has been in recent dialogue with the U.S., but did not experience international pressure in its supervision of Credit Suisse. The authorities would have risked not stopping a looming financial crisis by using the tool of resolution, but rather triggering such a financial crisis."

☆ Bayer says chemicals farmers use to fight insects are safe, but it's more complicated than that, says its ESG head
▼ + stars: | 2023-02-06 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +7 min

The European Union, also in 2018, banned some pesticides that Bayer makes because scientists and regulators linked them to deaths of bees. "It felt like we were on the grill at a barbecue," Kunz, Bayer's head of environmental, social, and governance strategy, told Insider. Beyond neonicotinoids, Kunz said Bayer's strategy to meet its environmental targets involved what he called a more systems-based approach. Bayer also makes digital tools that help farmers apply fertilizer and pesticides more precisely, which can dramatically reduce how much they're needed, Kunz said. Bayer's sustainability efforts are attracting at least some ESG investors and ratings firms.

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