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Investor Legal & General backs activist in Exxon proxy battle
  + stars: | 2021-05-11 | by ( Jennifer Hiller | ) www.reuters.com + 0.00   time to read: +2 min
Top U.S. oil producer Exxon is battling hedge fund Engine No. The fund has criticized Exxon’s poor returns, spending on fossil fuels and lack of clear plans for the energy transition. Legal & General Investment Management (LGIM) owns Exxon shares worth nearly $1 billion, according to Refinitiv data. It has signed onto the Net Zero Asset Managers Initiative, which vows to press portfolio companies to achieve net zero emissions by 2050 or sooner. Exxon has not set 2050 net zero targets as European peers have done.
Persons: LGIM, Darren Woods, Kenneth Frazier, John Hoeppner, Gregory Goff, Anders Runevad, Kaisa Hietala, Alexander Karsner, ” Hoeppner, Hoeppner, Woods, Jennifer Hiller, Leslie Adler Organizations: HOUSTON, Exxon, General Investment Management, Initiative Locations: U.S, California, New York
A California police officer was fatally shot and another was injured while serving a search warrant Monday. Few details were available Tuesday morning in the shooting, which occurred at an apartment on Camellia Court in San Luis Obispo. The injured officer was stable at a hospital, according to the San Luis Obispo Police Department. A San Luis Obispo Police Department officer was killed in the line of duty as a result of a shooting that occurred while SLOPD officers were serving a search warrant today. San Luis Obispo is on California's Central Coast, about 100 miles north of Santa Barbara.
Persons: San Luis Obispo, Derek Johnson Organizations: San Luis Obispo Police Department . Police, San Luis Obispo Police Department Locations: California, San Luis, Coast, Santa Barbara
The result has left Lawrence wary of law enforcement, a source of lasting trauma that countless Black men say they experience because of encounters that stick with them forever. They saw a white man getting arrested for what they later learned was check forgery. A white officer escorted Burch into the bank, where the detained white man claimed that Burch had given him a forged check and two identifications of a Black man with an Afro. "There are thousands of Black men in prison for no reason at all," Burch said. "So while our Black men are suffering from this form of PTSD, Black women are, as well.
Persons: Trevor Lawrence, Lawrence, It's, it's, Marvin Burch, Burch, me, I'm, Terrell Holloway, Holloway, Brandon Gamble, Gamble, We're, Andrew Smith Jr, Smith, Boyd, Breonna Taylor, — that's Organizations: Washington , D.C, Norfolk State University in, Yale University, Oakwood University, Super, Sunday, Facebook, Twitter Locations: Washington ,, Oakland , California, Norfolk State University in Virginia, Huntsville , Alabama, New York, Manhattan, Los Angeles
They included commerce as well as trust and information quality, which he saw as spanning across the product groups now under his control. In April, Raghavan rearranged several top execs in order to move faster, and he's expected to open more doors between product groups. But with Google's search and advertising business now squarely in regulators' spotlight, he'll need to tread carefully. Making Pragh-ressInside Google, Raghavan is often referred to by his internal corporate username "Pragh." The most significant one lets retailers advertise products in Google's search results for free.
Persons: Prabhakar Raghavan, He'd, Raghavan, Sundar Pichai, Ruth Porat, Elizabeth Reid, Cathy Edwards, Larry Page, Sergey Brin, Cloud's, Diane Greene, Sridhar Ramaswamy, Pichai, Greene's, Ramaswamy, Bill Ready, Prabhakar, Vanja Josifovski, wasn't, Sam Ramji, I've, Caesar Sengupta, Sissie Hsiao, Scott Huffman, There's, steadier, Sundar Organizations: Google, Apple, Stanford, Gmail, Google's, IBM, Yahoo, Employees, Google Cloud, Department of Justice, CNBC, Justice Department Locations: Pondicherry, India, Tokyo, Italy, sauvignon, San Jose , California
FACTBOX-Bitcoin's march towards the mainstream
  + stars: | 2021-05-11 | by ( Reuters Staff | ) www.reuters.com + 0.00   time to read: +3 min
* Bank of NY Mellon Corp announces a new unit aimed at helping clients trade and own cryptocurrencies and other digital assets. * Canada’s main securities regulator clears the launch of the Purpose Bitcoin ETF, the world’s first bitcoin exchange traded fund. * UK-based hedge fund Brevan Howard sets up a new fund to invest in digital assets, focusing on a long-only range of digital assets including bitcoin, according to a personal familiar with the matter. * U.S. cryptocurrency exchange Coinbase Global Inc COIN.O was valued at $86 billion at the end of its Nasdaq debut, the biggest listing yet by a crypto company. * Daniel Loeb’s hedge fund Third Point uses as a custodian cryptocurrency exchange Coinbase Global Inc, a regulatory filing shows.
Persons: Sotheby’s, Banksy, Elon Musk, Dow, Wealthfront, CoinShares, Brevan Howard, COIN.O, Morgan Stanley, Daniel Loeb’s Organizations: AXA, PayPal Holdings Inc, Tesla, Mastercard, Bank of NY Mellon Corp, Dow Jones, Nasdaq, MicroStrategy Inc, CNBC, Goldman Sachs, Inc, Tesla Inc Locations: United States, California, cryptocurrency, bitcoin
Five young undocumented migrants, including a 2-year-old and an infant, were by themselves when they were apprehended in South Texas at the U.S.-Mexico border, authorities said Monday. The oldest of the migrants, all of whom were girls from Honduras and Guatemala, was 7, Customs and Border Protection said in a statement. An agent with Customs and Border Patrol spotted the girls near Normandy, about 2½ hours southwest of San Antonio, on Sunday, the agency said. As of Friday, Mayorkas said, 700 children were in Border Patrol custody across the entire U.S.-Mexico border, down from a record of nearly 6,000 in March. The children apprehended Sunday were taken to a processing facility before being transferred to the Department of Health and Human Services, according to Customs and Border Protection.
Persons: Austin, Alejandro Mayorkas, Mayorkas, Harris Organizations: Protection, Customs, Border Patrol, Del, Chief, Homeland, Department of Homeland Security, Biden, Harris Administration, Sunday, Department of Health, Human Services Locations: South Texas, U.S, Mexico, Honduras, Guatemala, Normandy, San Antonio, Del Rio, Texas
"Ghost Boys," by Jewell Parker Rhodes. The union then tagged Broward County Public Schools. Kempinski said books like "Ghost Boys" create more tension between police and communities they are sworn to protect. The National Coalition Against Censorship wrote the Kingsbury Elementary Charter School District in California in October after it removed "Ghost Boys" from being taught. Pelizzari said representatives of the group are still reviewing the case in Broward County to determine whether it will respond officially.
Persons: Jewell Parker Rhodes, Paul Kempinski, Kempinski, Rhodes, Jerome, Nora Pelizzari, Pelizzari Organizations: Broward County Public Schools, of Police, Brown, Young, School Board, Broward County, Police, National Coalition, Kingsbury Elementary Charter School District Locations: South Florida, weren't, Broward, Florida, New York, Kingsbury, California, Broward County, U.S
Caitlyn Jenner defended her credentials in a CNN interview, pointing to her "entrepreneurial" past. Caitlyn Jenner, who is running for governor in California, defended her credentials in a one-on-one interview with CNN on Monday. When asked what made her qualified to be the governor of a state like California — which, if it were a sovereign nation, would be the fifth-largest economy in the world — Jenner pointed to her past as an "entrepreneur." Certainly, I've done that, but entertainment is a business, and you have to run that business," Jenner told CNN host Dana Bash in a televised interview on Monday night. In April, Jenner threw her hat into the race for governor of California in its recall election, but it hasn't been a smooth ride.
Persons: Caitlyn Jenner, Jenner, — Jenner, you've, I've, Dana Bash, Bash, Kardashian, Kim Kardashian West, Kylie, hasn't, Sean Hannity's Fox, TMZ Organizations: CNN, Service, Forbes, TMZ Locations: California
EXCLUSIVE Foxconn iPhone India output drops 50% amid COVID surge-sources
  + stars: | 2021-05-11 | by ( ) www.reuters.com + 0.00   time to read: +4 min
The Foxconn facility in the southern state of Tamil Nadu produces iPhones specifically for India, the world's No.2 smartphone market. Tamil Nadu is one of the worst hit states in the second coronavirus wave engulfing India. Officials imposed a full lockdown in the state from Monday, closing public transport and shuttering shops, to try slow surging infections. Foxconn similarly said strong smartphone sales contributed to a stronger-than-expected performance in the fourth quarter amid the work-from-home trend. Nokia and Chinese smartphone maker OPPO last year suspended production at factories in India after workers tested positive for COVID-19.
Persons: Stephen Lam, Foxconn, Tim Cook, Canalys, TrendForce Organizations: Apple, REUTERS, Reuters, Employees, Nokia, Samsung, Thomson Locations: San Francisco , California, U.S, India, Tamil Nadu, Chennai, Taipei, China, Washington, Beijing
American Airlines adds stops to two flights after pipeline outage
  + stars: | 2021-05-11 | by ( ) www.reuters.com sentiment -0.99   time to read: +1 min
An American Airlines Airbus A321-200 plane takes off from Los Angeles International airport (LAX) in Los Angeles, California, U.S. March 28, 2018. REUTERS/Mike BlakeAmerican Airlines (AAL.O) said on Monday it has added a stop to two long-haul flights out of Charlotte, North Carolina, because of a fuel supply shortage after the shutdown of the Colonial Pipeline following a ransomware cyber attack. American is the first U.S. airline to report an impact from the attack on Colonial, which carries nearly half the fuel consumed along the U.S. East Coast. American said its daily flight from Charlotte to Honolulu will now stop in Dallas, where passengers will change planes before flying onto Honolulu, while its daily flight from Charlotte to London will stop in Boston for additional fuel. Our Standards: The Thomson Reuters Trust Principles.
Persons: Mike Blake Organizations: American Airlines Airbus, Los Angeles International, REUTERS, Mike Blake American Airlines, Colonial, U.S, U.S ., Thomson Locations: Los Angeles , California, U.S, Charlotte , North Carolina, U.S . East Coast, Charlotte, Honolulu, Dallas, London, Boston
California governor declares drought emergency in 41 counties
  + stars: | 2021-05-11 | by ( Dan Whitcomb | ) www.reuters.com sentiment -0.98   time to read: +2 min
REUTERS/Mike BlakeCalifornia Governor Gavin Newsom on Monday issued an expanded “drought emergency proclamation” for 41 of the state’s 58 counties, citing above-average temperatures and dry conditions for April and May. The declaration also gives the state flexibility in regulatory requirements to mitigate drought impacts, which Newsom attributed in part to global climate change. The move was criticized by Save California Salmon, a wildlife protection group that accused Newsom of favoring big agriculture interests. Newsom in April proclaimed a regional drought emergency in two Northern California counties. On April 26 California's secretary of state said a Republican-led campaign to recall Newsom had qualified for the ballot.
Persons: Gavin Newsom, Mike Blake California, Newsom, Regina Chichizola, Chichizola Organizations: REUTERS, Republican, Thomson Locations: Los Angeles , California, U.S, California, Northern California, Napa Valley
Lakers expect LeBron back in lineup vs. Knicks
  + stars: | 2021-05-11 | by ( ) www.reuters.com + 0.00   time to read: +3 min
March 15, 2021; San Francisco, California, USA; Los Angeles Lakers forward LeBron James (23) during the second quarter against the Golden State Warriors at Chase Center. Mandatory Credit: Kyle Terada-USA TODAY SportsThe Los Angeles Lakers could receive a jolt of energy this week with the return of the team’s best player. According to The Athletic, LeBron James is targeting Tuesday's home contest against the New York Knicks for his return to the floor. Los Angeles is 28-15 in games that James started this season. In his last five games, Rose is averaging 21.0 points and 4.6 assists a contest.
Persons: LeBron James, Kyle Terada, James, Anthony Davis, Davis, He's, he's, Tom Thibodeau, there's, Derrick Rose, Rose, Thibodeau Organizations: Los Angeles Lakers, Golden State Warriors, Chase Center, The Athletic, New York Knicks, Atlanta Hawks, Sacramento Kings, Toronto Raptors, Lakers, Raptors, Phoenix Suns, LeBron, Western Conference ., New, Clippers, Staples Center, Knicks, Eastern Conference, Miami Heat, Rose, Chicago Bulls, Minnesota Timberwolves, Thomson Locations: San Francisco , California, USA, Los Angeles, Angeles, New York
President Joe Biden usually slips into the back pews of the mid-19th-century Catholic church during the priest's entrance procession. Kevin Gillespie, the pastor at the Holy Trinity Catholic Church in Washington's posh Georgetown neighborhood. Church has been a significant outlet for the nation's second Catholic president during his early days in office. "Proud to marry Brian and Joe at my house," Biden tweeted with a photo of the ceremony. Still a 'regular guy' at churchParishioners at St. Joseph on the Brandywine Roman Catholic Church in Wilmington are used to seeing Biden there.
Persons: Joe Biden, Biden, Kevin Gillespie, he'd, Bob Dole, Gillespie, He's, Ash, Patrick's, Donald Trump, Joseph, Chieko Noguchi, José H, Gomez, Pope Francis, Tom Williams, Roe, Wade, Brian, Joe, doesn't, Cardinal Wilton Gregory, Monsignor William Koenig, hasn't, I'm, Nancy Pelosi's, Salvatore J, Cordileone, Andrea Mitchell, America's, John F, Kennedy, Margaret McGuinness, Pope Paul VI, Bettmann, Republican Richard Nixon, Beau, John Bel Edwards, Neilia, Naomi, Stephen Colbert, Ashley, Sen, Biden's, Jill Biden, Matthew the Apostle, Chip Somodevilla, Derek Chauvin, George Floyd's, he's Organizations: Catholic, Holy Trinity Catholic Church, Kansas GOP, Trinity Catholic Church, Service, US Conference of Catholic, Capitol, Washingtonian, White, White House, Holy Trinity, US Conference of Catholic Bishops, Washington's, Biden, ABC News, MSNBC, La Salle University, Republican, Trump, Democratic, Church, Brandywine Roman Catholic Church, St, Washington DC Locations: Washington's, Georgetown, Kansas, St, Delaware, Los Angeles, Texas, Minnesota, California, Washington, In Delaware, Biden's, San Francisco, South Carolina, Philadelphia, Vatican City, Louisiana, Wilmington, Minneapolis
London (CNN Business) A startup based in California says it can help farmers be greener and more profitable by offering what it describes as the world's first fully electric, self-driving tractor. Although it doesn't need a driver, to comply with US regulations it must have a designated remote operator who receives real-time alerts and can stop the vehicle if needed. It has sensors that can detect livestock and crops, and collision prevention systems that allow it to operate autonomously alongside farm workers. 'Agriculture is ready for transformation'With nearly two decades of experience working in the mobility and energy sectors, Monarch founder and CEO Praveen Penmetsa says he understands how technology can shape an industry. "Seeing those two industries transform gave me a template and an idea that agriculture globally is ready for transformation," Penmetsa tells CNN Business.
Persons: Praveen Penmetsa, Penmetsa Organizations: London, CNN, Monarch, Agriculture, CNN Business, Read Locations: California
When It Comes to Taxes, Being Tracked Can Be a Good Thing
  + stars: | 2021-05-11 | by ( Paul Sullivan | ) www.nytimes.com + 0.65   time to read: +1 min
It often marks a maturation point for Americans with young children, who value well-regarded schools over a nightlife scene. But given the state Mr. Sheu had left and the high compensation from his work, he was concerned that his departure would not go smoothly. When people in his tax bracket leave, the state is likely to audit them to make sure they really have left. For Mr. Sheu, that involves an app on his smartphone that uses location services to track him all the time. It feels to me like a pretty undebatable way to track where I am.”
Persons: Sheu, Mr, it’s, I’m, Locations: California, Atlanta, Tampa , Fla, Philadelphia
Low mortgage rates typically signify a struggling economy, so rates should stay low for the foreseeable future. Mortgage refinance rates tend to be higher than purchase rates, but today's refinance rates are still low. How to lock in the best mortgage rateYou can lock in low mortgage or refinance rates today, as all rates are at striking lows. A 15-year fixed mortgage will cost less than a 30-year fixed mortgage in the long run. Mortgage and refinance rates by stateCheck the latest rates in your state at the links below.
Persons: Laura Grace Tarpley, Ryan Wangman Organizations: RedVentures ., Mortgage, ARM, Government, FHA, Alabama Alaska, Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho Illinois, Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan, Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri, Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode, South, South Carolina South Dakota Tennessee Utah Vermont Virginia Washington Washington DC, South Carolina South Dakota Tennessee Utah Vermont Virginia Washington Washington DC West Virginia, Finance Locations: Money.com, RedVentures, Alabama, Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho, Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland, Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi, Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon, South Carolina South Dakota Tennessee Utah Vermont, South Carolina South Dakota Tennessee Utah Vermont Virginia Washington Washington DC West, South Carolina South Dakota Tennessee Utah Vermont Virginia Washington Washington DC West Virginia Wisconsin Wyoming
Live Covid-19 Live Updates: As Deaths Fall in the West, the Virus Spreads in Southeast Asia New infections and deaths are rising in Cambodia, Malaysia, Thailand and elsewhere in the region. In India, dozens of bodies have washed up on the banks of the Ganges River. As the virus threatens Southeast Asia, the spread of new variants continues to be a danger everywhere. A cremation ground for Covid-19 victims along the banks of the Ganges River, in Garhmukteshwar, India, this month. As Covid-19 deaths have overwhelmed funeral grounds, some crematories are charging five or 10 times the usual price for last rites.
Persons: Rungroj Yongrit, Tedros Adhanom Ghebreyesus, Tedros, , Robert Schooley, , Schooley, Saskia Popescu, it’s, Archana Thiyagarajan, India’s, Witnesses, “ I’ve, Arun Kumar Srivastava, Dr, Srivastava, Kishan Dutt Mishra, Mishra, Jeffrey Gettleman, Sanford Health, What’s Organizations: World Health Organization, Malaysia, and Drug Administration, Pfizer, University of California, George Mason University, Agence France, Covid Locations: West, Asia, Cambodia, Malaysia, Thailand, India, Bangkok, Southeast Asia, Britain, United States, Brazil, Western Europe, University of California San Diego, Garhmukteshwar, Bihar, Uttar Pradesh, Chausa, Buxar
How much did Marvel heroes help lift Disney+? Answer due Thursday
  + stars: | 2021-05-11 | by ( Lisa Richwine | ) www.reuters.com + 0.00   time to read: +3 min
A smartphone with the "Disney" logo is seen on a keyboard in front of the words "Streaming service" in this picture illustration taken March 24, 2020. During the January to March quarter, the Disney+ streaming service was aided by box office heavyweight Marvel Studios. The animated Disney movie "Raya and the Last Dragon" was offered to Disney+ customers in March for $30, at the same time it was shown in theaters, which are struggling to rebound from the global health crisis. Chief Executive Bob Chapek said in early March that Disney+ had reached 100 million subscribers worldwide. The rapid build-up has made Disney+ the most formidable challenger to Netflix Inc (NFLX.O), which pioneered movie and TV streaming in 2007, and reached 207.6 million customers as of March.
Persons: Dado, Raya, Bob Chapek, Michael Nathanson, HBO Max, ViacomCBS, Peacock, Edward Jones, Dave Heger, Heger Organizations: REUTERS, Walt Disney Co, Disney, Marvel Studios, Netflix Inc, HBO, Paramount, Comcast, Netflix, Thomson Locations: Refinitiv, California, Paris
L Brands to spin off Victoria's Secret by August, hoping to nab higher valuation
  + stars: | 2021-05-11 | by ( Lauren Thomas | ) www.cnbc.com sentiment -0.99   time to read: +2 min
Shoppers pass in front of a Victoria's Secret store at a mall in San Diego, California, April 22, 2021. L Brands said Tuesday it will spin off its Victoria's Secret brand rather than selling it. It argued that L Brands had violated the terms of the agreement, when it failed to pay rent and furloughed workers. Since this past holiday season, L Brands' management team has called out growing momentum at Victoria's Secret. L Brands shares are up about 84% year to date.
Persons: Andrew Meslow, Martin Waters, Sarah Nash Organizations: Brands, Body, L Brands, Sycamore Partners, Sycamore, Citi, JPMorgan, The New York Times Locations: San Diego , California, The
Live Live Updates: Democrats Press to Expand Voting Rights at Federal Level A senate committee will debate a sweeping elections overhaul designed to blunt Republicans’ statewide efforts to limit voting rights. The White House will allow undocumented college students access to emergency pandemic aid. Undocumented students, including tens of thousands of so-called Dreamers, would be eligible for the emergency aid under a coming Biden administration regulation. Mr. Biden and Mr. Putin are expected to hold their first summit next month. That spread of 27 percentage points represents the widest approval margin in an A.P./NORC poll since Mr. Biden took office.
Persons: Biden, Mikala Compton, , , Jon Ossoff, Chuck Schumer, Donald J, Trump, Roy Blunt of Missouri, Joe Manchin III, Manchin, Tim Kaine, ” Mr, Kaine, Jim Watson, ” Miguel Cardona, Betsy DeVos, , DeVos, Cardona, , America’s, Vladimir V, Putin, Mr, Elizabeth Sherwood, Randall, Obama, ” David E, Sanger, Newsom, Gavin Newsom, Aric Crabb, Newsom’s, Shawn Hubler, Conor Dougherty Organizations: Press, Federal, Republican, Reuters, Washington, Republicans, Democratic, White House, Congress, ” Liberal, Democrat, Agence France, Trump, Biden, Education Department, Higher Education Emergency Relief Fund, Colonial Pipeline, Texas Gulf, Energy Department, Gov, Bay Area, Associated Press, National Conference of State Legislatures, NORC, Mr Locations: Austin , Texas, Georgia, Florida, New York, West Virginia, Virginia, Woodbine, Md, Texas Gulf Coast, United States, East Coast, New York Harbor, Eastern Europe, Russia, Moscow, Bay, California, — California, Oakland, Idaho, A.P
As we're an Asian family, the rise in anti-Asian hate crimes has heightened our concerns about our safety here in the nation we have called our home. He said things have improved somewhat recently with officials cracking down on hate crimes and improved access to vaccines. According to a report from the Los Angeles Police Department, anti-Asian crimes here in Los Angeles (where I live) jumped 114% in 2020. Today, with anti-Asian hate crimes on the rise, many in Asian communities fear for the safety of their parents, elderly friends, neighbors and children. Turning hate into hopeA rally against anti-Asian hate crimes in New Orleans on April 4, 2021.
Persons: Shirley, Jimmy Chung, Ms Chi, it's, Shirley Chung, Chung, Jimmy, Chi Café, transacting, Peter Ng, Ng, wouldn't, , Jacob Azevedo, Jen Louie, Louie Organizations: Finance, Workers, Pacific, Chinatown Service Center, Los Angeles Police Department, California State University, San, Pacific Islanders, Area, Xinhua News Agency, Getty, Consulting Locations: Culver City , California, Wuhan, China, Los Angeles, Chinatown, San Bernardino, Los Angeles , New York, San Francisco, Indian, Oakland, New Orleans, Fort Bragg , California
Terms of the deal were not disclosed. Apeel was most recently valued at $1.1 billion following a December funding round that included World Bank Group and Temasek Holdings, according to PitchBook. In 2012, Apeel engineered a plant-based edible coating that can make produce last two to three times as long. The coating is extracted from lipids that come from the same produce to which the coating is ultimately applied. "ImpactVision's technology can predict the internal quality of food products from hyperspectral images.
Persons: Apeel, Abi Ramanan Organizations: World Bank Group, Temasek Holdings Locations: California
AI analog chip startup Mythic raises $70 Million
  + stars: | 2021-05-11 | by ( Jane Lee | ) www.reuters.com sentiment -0.97   time to read: +2 min
Mythic, a startup making artificial intelligence chips for use in gadgets such as smart home devices or security cameras, on Tuesday said it raised $70 million in its latest round of funding. The Redwood City, California-based chip maker started in 2012, uses analog technology for its chips rather than digital. Digital chips store and process data in 1s and 0s, while analog chips can process wave forms such as speech or video and are used to digitize speech and video into 1s and 0s. "With analog compute, we could get that same compute power in a small, low power, low cost chip. The Mythic chip can process the data, such as video, locally and just send key information back to the data center for use if needed, said Henry.
Persons: Mike Henry, Henry Organizations: Nvidia Corp, BlackRock, Hewlett Packard Enterprise, Thomson Locations: Redwood City , California
President Joe Biden usually slips into the back pews of the mid-19th-century Catholic church during the priest's entrance procession. Church has been a significant outlet for the nation's second Catholic president during his early days in office. "Proud to marry Brian and Joe at my house," Biden tweeted with a photo of the ceremony. Still a 'regular guy' at churchParishioners at St. Joseph on the Brandywine Roman Catholic Church in Wilmington are used to seeing Biden there. or, 'Was that Vice President Biden?'
Persons: Joe Biden, Biden, Kevin Gillespie, he'd, Bob Dole, Gillespie, He's, Ash, Patrick's, Donald Trump, Joseph, Chieko Noguchi, José H, Gomez, Pope Francis, Tom Williams, Roe, Wade, Brian, Joe, doesn't, Cardinal Wilton Gregory, Monsignor William Koenig, hasn't, I'm, Nancy Pelosi's, Salvatore J, Cordileone, Andrea Mitchell, America's, John F, Kennedy, Margaret McGuinness, Pope Paul VI, Bettmann, Republican Richard Nixon, Beau, John Bel Edwards, Neilia, Naomi, Stephen Colbert, Ashley, Sen, Biden's, Jill Biden, Matthew the Apostle, Chip Somodevilla, Derek Chauvin, George Floyd's, he's Organizations: Catholic, Holy Trinity Catholic Church, Kansas GOP, Trinity Catholic Church, US Conference of Catholic, Capitol, Washingtonian, White, White House, Holy Trinity, US Conference of Catholic Bishops, Washington's, Biden, ABC News, MSNBC, La Salle University, Republican, Trump, Democratic, Church, Brandywine Roman Catholic Church, St, Washington DC Locations: Washington's, Georgetown, Kansas, St, Delaware, Los Angeles, Texas, Minnesota, California, Washington, In Delaware, Biden's, San Francisco, South Carolina, Philadelphia, Vatican City, Louisiana, Wilmington, Minneapolis
Facebook has been told to stop processing German WhatsApp data
  + stars: | 2021-05-11 | by ( Sam Shead | ) www.cnbc.com + 0.00   time to read: +3 min
The WhatsApp messaging app is displayed on an Apple iPhone on May 14, 2019 in San Anselmo, California. Facebook owned messaging app WhatsApp announced a cybersecurity breach that makes users vulnerable to malicious spyware installation iPhone and Android smartphones. LONDON — A German regulator ordered Facebook to stop processing data on its citizens from messaging service WhatsApp. The Hamburg Commissioner for Data Protection and Freedom of Information, or HmbBfDI, said Tuesday that it has issued an injunction that prevents Facebook from processing personal data from WhatsApp. He has issued a three-month emergency order that prevents Facebook from continuing with WhatsApp data processing in Germany.
Persons: Mark, monetize, Johannes Caspar, Caspar Organizations: Apple, Facebook, Hamburg, Data Protection, Signal, Cambridge, European Union, CNBC Locations: San Anselmo , California, Germany, Hamburg
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