DIRS.INFO The most relevant business & tech news

But consumer advocacy groups complained, arguing PG&E could save ratepayers money and still reduce wildfire risk by putting a protective covering over the power lines instead of burying them. Commissioners decided to let PG&E bury 1,230 miles (1,979 kilometers) of power lines, which would be $1.7 billion cheaper than PG&E's proposal. For low-income customers who qualify for discounted rates, PG&E said typical monthly bills will increase by $21.50 next year, followed by a $3 per month increase in 2025 before decreasing by $5.50 per month in 2026. The turning point for PG&E came in 2018 when a windstorm knocked down one of its power lines in the Sierra Nevada foothills that started a wildfire. The company has pledged to bury 10,000 miles (16,093 kilometers) of power lines over the next decade.

Persons: ”, John Reynolds, Patti Poppe, undergrounding powerlines, Gavin Newsom, ratepayers, Darcie Houck, Cheryl Maynard Organizations: Pacific Gas & Electric, California Public Utilities Commission, Reform Network, E, Democratic Gov, & $ Locations: SACRAMENTO, Calif, California, Sierra Nevada

☆ Flexport fires CFO, HR chief departs weeks after sudden ouster of Dave Clark as CEO
▼ + stars: | 2023-09-27 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +4 min

Three weeks after Flexport founder Ryan Petersen fired Dave Clark as CEO and returned to run his supply chain software startup, the company has ousted its chief financial officer, and its human resources chief has resigned, CNBC has learned. Flexport informed CFO Kenny Wagers last week that he was being let go, according to people familiar with the situation. Clark and Petersen worked as co-CEOs of Flexport starting last September, and Clark took over as the company's sole CEO in March. Stuart Leung will become Flexport's Chief Financial Officer and report to Ryan Petersen, CEO, effective immediately. WATCH: Flexport CEO Petersen on company's plan to reinvest profits

Persons: Ryan Peterson, Ryan Petersen, Dave Clark, Flexport, Kenny, Stuart Leung, Leung, Petersen's . Petersen, Clark, Jeff Bezos, Petersen, Peter Thiel's, Jennifer Boden, Boden, Darcie Henry, Michael Brown, Stuart, Jennifer, " Petersen, Henry, Teresa Carlson, Tim Collins, Kelly Cheeseman, Andreessen Horowitz, SoftBank, it's, excoriated Clark, — CNBC's Rohan Goswami Organizations: Flexport Inc, CNBC, Amazon, Fund, Restructuring, Founders Fund Locations: San Francisco , California, U.S, Flexport, Shopify, Andreessen

☆ Self-driving car company Cruise agreed to reduce its driverless fleet by 50% after a spate of recent crashes. San Francisco officials previously pushed for a slower rollout of robotaxis.
▼ + stars: | 2023-08-20 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +5 min

City officials previously told Insider the approval would be "premature." Cruise, a self-driving car company, agreed to slash its driverless taxi operation in San Francisco by half on Friday following reports of two separate crashes involving its vehicles. One Cruise vehicle also drove into wet concrete at a construction site. Another collision occurred that evening, in which another vehicle ran a red light "at a high rate of speed," the company told Insider. Tilly Chang, executive director of the San Francisco County Transportation Authority (SFCTA), previously told Insider that her agency believes approving the permits would be "premature."

Persons: Alphabet's Waymo, Darcie Houck, robotaxis, Cruise, San Francisco, Tilly Chang, Chang, We've, Joe Castiglione, SFCTA's, CPUC, Castiglione Organizations: California Department of Motor Vehicles, DMV, California Public Utilities Commission, CBS, City, San, San Francisco County Transportation Authority Locations: California, San Francisco, San Francisco County, —

☆ Robotaxis get the green light to roam the streets of San Francisco at any hour of the day
▼ + stars: | 2023-08-11 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

Cruise and Waymo got the go-ahead from state officials Thursday to offer driverless rides 24/7. Robotaxi companies Cruise and Waymo have been given the go-ahead from state officials to offer driverless rides in San Francisco at any hour of the day. Before it got the green light from officials, Cruise and Waymo had been authorized to offer its services from 10 p.m. to 6 a.m in limited areas of San Francisco. "Today's permit marks the true beginning of our commercial operations in San Francisco," Waymo co-CEO Tekedra Mawakana said in a blog post . San Francisco firefighters were forced to smash the front window of a Cruise driverless taxi in January to stop it from running over their hoses as they were engaged in active firefighting.

Persons: Cruise, Waymo, CPUC, Kyle Vogt, Tekedra Mawakana, Darcie Houck, Francisco firefighters, AVs, John Reynolds, Waymo didn't Organizations: California Public Utilities, Morning, California Public Utilities Commission Locations: California, San Francisco, Los Angeles, Mountain, Francisco

☆ Driverless Taxis Can Expand San Francisco Services, Regulators Say
▼ + stars: | 2023-08-10 | by ( Yiwen Lu | More About Yiwen Lu | ) www.nytimes.com time to read: +1 min

The expansion plan was the first indication that driverless cars could be commercially viable after billions of dollars in investments by the tech and auto industries. “San Francisco would be a proof of concept” for the rest of the country, said Matt Wansley, a law professor at Cardozo School of Law in New York. Darcie Houck, a commissioner who voted for the expansion, said the companies had met requirements that the state set out. Cruise operates 300 vehicles in San Francisco during the night and 100 during the day, while Waymo operates 250 throughout the day. Waymo said its driverless fleet would “align” with rider demands, while Cruise said it would focus on expanding the market to new parts of the city, since it had offered paid rides only in northwest San Francisco.

Persons: Matt Wansley, Darcie, Waymo, Cruise Organizations: Cardozo School of Law, Cruise Locations: San Francisco, New York

☆ Kim Jong Un may be prepping his daughter as his successor because he wants a woman in charge to modernize North Korea's image, experts say
▼ + stars: | 2023-02-24 | by ( Tom Porter | ) www.businessinsider.com time to read: +6 min

But it will likely have little impact on the lives of ordinary North Korean women. North Korean leader Kim Jong Un and his sister Kim Yo Jong attend a meeting with South Korean President Moon Jae-in on April 27, 2018. "Kim Jong Un is a feminist — at least if judged by the incredibly low standards of North Korea," Andrei Lankov, a North Korea expert recently wrote for NK News. North Korean leader Kim Jong Un talks with his daughter Kim Ju Ae at a banquet in Pyongyang, North Korea February 7, 2023. "Discrimination against women and girls in North Korea is widespread and is accepted as a natural part of everyday life in North Korea," said Joon.

☆ Flexport Names Former Amazon Executive as President
▼ + stars: | 2023-01-05 | by ( Paul Berger | ) www.wsj.com time to read: +2 min

com Inc. executive, is joining Flexport Inc. as the digital-focused freight forwarder boosts its growth ambitions under the leadership of former Amazon consumer chief executive Dave Clark. The San Francisco-based company named Ms. Carlson president and chief commercial officer, overseeing sales, marketing and communications, Flexport said Thursday. Ms. Carlson specializes in cloud computing. Mr. Clark in September took on the role of Flexport co-CEO alongside the company’s founder and CEO Ryan Petersen. Mr. Clark has hired former Amazon employees including public-relations executive Kelly Cheeseman, logistics executive Parisa Sadrzadeh and human-resources executive Darcie Henry.

☆ Analysis: In male-dominated North Korea, leadership prospects of Kim Jong Un's daughter are uncertain
▼ + stars: | 2022-11-22 | by ( Josh Smith | ) www.reuters.com time to read: +6 min

Chun Su-jin, the South Korean author of a book on North Korean women leaders, said the chance of North Korean elites welcoming Kim's daughter as ruler is close to zero. “That gives ample time for North Korea's political culture to change and create the conditions for a female successor,” Madden said. The increased participation of North Korean women in elite politics does not necessarily indicate change to the broader social or political systems, 38 North said in a 2020 report. North Korea is deeply isolated from world geopolitics and is under UN sanctions for its weapons programmes, which include nuclear bombs. "In North Korea, gender is still important to be a leader," said Hyun In-ae, a North Korean defector who now works at the Ewha Institute of Unification Studies in Seoul.

☆ New Flexport CEO Dave Clark is shaking up the top of Ryan Petersen's $8 billion supply-chain startup
▼ + stars: | 2022-09-21 | by ( Emma Cosgrove | ) www.businessinsider.com time to read: +4 min

Former Amazon boss Dave Clark took his seat as the co-CEO of Flexport on September 1. Petersen told The Verge that Clark will have more direct reports than he did when he was sole CEO. On September 1, former Amazon Global Consumer CEO Dave Clark officially took his spot as co-CEO of the supply chain unicorn. He took the role of senior vice president of operations at Flexport on September 12, and reports directly to Clark. On the podcast, Petersen touted Clark's decisiveness as a key asset.

Search resuls for: "Darcie"

9 mentions found