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☆ In AI rivalry with the U.S., China is behind on a key asset: Its own OpenAI
▼ + stars: | 2024-03-31 | by ( Rebecca Fannin | ) www.cnbc.com time to read: +4 min

In China, which is angling to produce its own chips or get more from Nvidia, no dominant gen AI contender to OpenAI has emerged yet among dozens of Chinese tech titans and startups. Last year, funding of gen AI upstarts accounted for nearly half of $42.5 billion invested globally in artificial intelligence companies, according to CB Insights. "China is at a big disadvantage in building the foundation models for Gen AI," said Rui Ma, an AI investor and co-founder of investment syndicate and podcast TechBuzz China. China does have the tech talent to make a difference in the AI rivalry in the years ahead. Additionally, among top-tier AI researchers working at U.S. institutions, 38% have China as their country of origin, compared with 37% from the U.S.New Chinese gen AI market entries can also reach mass adoption quickly.

Persons: Ernie Bot, OpenAI, Paul Triolo, Jenny Xiao, Rui Ma, Triolo, Sora, Ma, Marco Polo, Baidu's, Ernie, Leong Organizations: Global, Trade, Hangzhou International, Nvidia, tech titans, titans Microsoft, Google, Amazon, U.S, Dentons Global Advisors, Leonis Capital, OpenAI, Paulson Institute, U.S ., Samsung, Apple, Baidu Locations: Hangzhou, Zhejiang Province, China, Washington ,, Silicon, San Francisco, The U.S, U.S, OpenAI

☆ South Koreans mourn as country’s first celebrity panda, Fu Bao, heads to China
▼ + stars: | 2024-03-12 | by ( Yoonjung Seo | ) edition.cnn.com time to read: +5 min

Fu Bao fandomBorn to parents Ai Bao and Le Bao in July 2020 as part of China’s “panda diplomacy” program, Fu Bao is South Korea’s first naturally-bred panda. Some South Koreans said Fu Bao provided them with moments of joy during the pandemic. In one video, Fu Bao clings tightly to Kang’s leg, unwilling to let go, as he spins gently around the room. The other short video shows Fu Bao clinging to Kang’s arm while relaxing on a wooden bench. Once Fu Bao departs for China, there will be four giant pandas left at Everland – Fu Bao’s mother Ai Bao, father Le Bao, and their twin babies Rui Bao and Hui Bao, who were born last July.

Persons: Fu Bao, Fu, Fu Bao’s, Ai Bao, Le Bao, ”, you’re, zookeeper, grandpa, Kang Chul, ” Kang, 판다월드, Everland, Rui Bao, Hui Bao Organizations: CNN, South Korea’s, South, YouTube, China Conservation and Research Center, Samsung, China Wildlife Conservation Association Locations: South, Yongin city, South Korea, China, Everland, Sichuan Province

LOS ANGELES (AP) — D'Angelo Russell scored 30 points, Austin Reaves added 27 and the Los Angeles Lakers rode a spectacular 87-point first half to a 139-122 victory over the New Orleans Pelicans on Friday night. Anthony Davis added 20 points as Los Angeles dominated on the second night of a back-to-back set, surging ahead with a 51-point second quarter and staying in front throughout the second half. With Russell's 21 points leading the way, all five starters scored at least 12 while Los Angeles hit 11 3-pointers and 67.4% of its shots overall. “I thought we started the game well, but that second quarter got away from us. The Lakers responded with 51 points in the second, led by 16 from Russell and 12 by Reaves.

Persons: — D'Angelo Russell, Austin Reaves, LeBron James, Rui Hachimura, Anthony Davis, ” Reaves, “ It’s, ” Russell, ” Davis, “ Rui, ” Zion Williamson, Brandon Ingram, Willie Green, “, Russell’s, they’re, Spencer Dinwiddie, Rob Pelinka, Dinwiddie, “ We've, He's, ” Jonas Valanciunas, Davis, Russell, Reaves, Max Christie, spraining, Darvin Ham, Cam, ___ Organizations: ANGELES, Los Angeles Lakers, New Orleans Pelicans, Lakers, Los Angeles, New, Los, Pelicans, ” Pelicans, Denver, Western Conference, Brooklyn, Dallas ’, Madison, Nets, Dallas, Clippers, Ingram, Saturday, Detroit Locations: Los, New Orleans, Los Angeles, Toronto, Brooklyn, Williamson, Portland

BOSTON (AP) — Austin Reaves scored a season-high 32 points and hit a career-high seven 3-pointers to help a Los Angeles Lakers team missing LeBron James and Anthony Davis stun the Boston Celtics 114-105 on Thursday night. James sat out because of a left ankle injury and Davis was sidelined by an Achilles tendon issue and left hip spasms. The Lakers hit 19 of 36 3-pointers, holding off the NBA-leading Celtics to end a two-game losing streak. Photos You Should See View All 45 ImagesBoston never got closer than seven points in the fourth quarter. Lakers big man Jarred Vanderbilt had 10 points, seven rebounds and three steals in 16 minutes.

Persons: — Austin Reaves, LeBron James, Anthony Davis, James, Davis, Achilles, Reaves, D’Angelo Russell, Jaxon Hayes, Jayson Tatum, Jarred Vanderbilt, Tatum, Russell, Taurean Prince, Hayes, Rui Hachimura, Darvin Ham, ___ Organizations: BOSTON, Los Angeles Lakers, Boston Celtics, Lakers, NBA, Celtics, Boston, Vanderbilt, Western, NEXT, New York, Memphis, ___ AP NBA Locations: Angeles, New

☆ Roberto ‘Pico’ Lopes: He ignored a Linkedin message once, but not the second time. When he responded his life changed forever
▼ + stars: | 2024-01-12 | by ( Alasdair Howorth | ) edition.cnn.com time to read: +9 min

I just thought it was a welcome message … so I ignored it.”Fortunately for Lopes, Cape Verde head coach time Rui Águas messaged the Shamrock Rovers defender again nine months later – this time in English – asking if he had considered his offer. Roberto Lopes, who plays for Cape Verde, was born and raised in Dublin. French forward Just Fontaine (L) scores in France's World Cup 5-2 semifinal defeat to Brazil in 1958. France’s captain at the first ever World Cup in 1930 was Algerian-born Alexandre Villaplane. But having recently reversed that policy, the Taifa Stars will have a number of players born outside the continent in its squad for the 2024 tournament.

Persons: CNN —, Roberto “ Pico ” Lopes, Lopes, “, ” Lopes, Rui Águas, Roberto Lopes, Ulrik Pedersen, Mohamed Salah, Lopes won’t, Alexandre Villaplane, Fontaine, Eusébio, Samuel Eto’o, Bryan Mbeumo, Yoane Wissa, ” Wissa, Darren Lewis, Benoît Assou, Ekotto, Ryan Byrne, ”, ‘, ’, Abdoulaye Doucouré, Wilfred Zaha, Les, Patrice Beaumelle, I’ve, I’m, ” Carlos ‘ Caluccha ’ Lopes, Roberto’s, Roberto, “ It’s, he’s, hasn’t Organizations: CNN, Shamrock Rovers, Cape, CNN Sport, Africa, of Nations, LinkedIn, AP, Google, Blue Sharks, Rovers, Professional, Association of Ireland’s, body’s, AFP, Getty, France, UEFA, Benfica, English Premier League, Cameroon soccer, Brentford, Ireland, Democratic, Former Cameroon, Tottenham Hotspur, Lions, League of Ireland Premier Division, Everton, Mali, Ivorian national team, Galatasaray, Cape Verde Locations: Dublin, Republic of Ireland, Cape Verde, Lopes , Cape Verde, Ireland, Egypt, Cape Verde’s, Ghana, Mozambique, Brazil, Africa, Algerian, French, Marrakech, Morocco, Mozambican, Angolan, Portuguese, Portugal, Algeria, Tanzania, Cameroon, Europe, Democratic Republic of Congo, DRC, France, Poland, you’re, Ivory Coast, Cape Verdean, Verdean

☆ I'm Black and my wife is Japanese. Here's why raising my biracial kids in Japan is better than in the US.
▼ + stars: | 2023-12-03 | by ( Darryl Wharton-Rig | ) www.businessinsider.com time to read: +5 min

In 2005, I visited Japan for work and ended up meeting my wife, with whom I have two boys and a girl. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAs biracial Japanese stars such as Rui Hachimura and Naomi Osaka shine on the world stage, being Black and Japanese is having a moment. AdvertisementTheir lives include a mix of Japanese and Black cultureOur tranquil suburban enclave in Saitama, which I call the "New Jersey of Japan," offers my children a typical Japanese lifestyle. And like other kids in Japan, they frequent the mall, savor ramen and melon pan, and belt out tunes at karaoke.

Persons: —, Rui Hachimura, Naomi Osaka, shoji, Finn Organizations: Service, Japan Exchange, YouTube Locations: Japan, Saitama, Jersey, Tokyo

☆ Lakers take down Grizzlies for third straight win
▼ + stars: | 2023-11-15 | by ( Field Level Media | ) www.reuters.com time to read: +2 min

[1/126] Nov 14, 2023; Los Angeles, California, USA; Los Angeles Lakers guard Austin Reaves (15) with guard Max Christie (10) before playing against the against the Memphis Grizzlies at Crypto.com Arena. The Lakers improved to 5-0 at home this season, while two victories in their win streak have come during in-season tournament games. Xavier Tillman and Desmond Bane each scored 15 points for the Grizzlies, who don't play again until Saturday at San Antonio. The Grizzlies' Bane and the Lakers' Russell also were assessed technicals. Los Angeles also grabbed its first halftime lead of the season, going up 74-51 at the break by shooting 55.6 percent from the field.

Persons: Austin Reaves, Max Christie, Gary A, Vasquez, D'Angelo Russell, Rui Hachimura, Anthony Davis, LeBron James, Russell, James, Santi Aldama, David Roddy, Xavier Tillman, Desmond Bane, Steven Adams, Brandon Clarke, Achilles, Derrick Rose, Ja Morant, Marcus Smart, Luke Kennard, Davis, Aldama, Bane, Los Angeles Organizations: Los Angeles Lakers, Memphis Grizzlies, Crypto.com, NBA, Lakers, Grizzlies, Clippers, San, Thomson Locations: Los Angeles , California, USA, Los Angeles, San Antonio, Los

☆ NBA roundup: Wolves earn ejection-marred win over Warriors
▼ + stars: | 2023-11-15 | by ( ) www.reuters.com time to read: +7 min

Saddiq Bey supplied 19 points and Bogdan Bogdanovic tossed in 17 for the Hawks in their NBA in-season tournament opener. Bam Adebayo had 21 points and 11 rebounds and Duncan Robinson made four 3-pointers on the way to 18 points for Miami. The Jazz also improved to 2-0 in Group West A play of the NBA's in-season tournament. Mikal Bridges added 21 points for Brooklyn. Franz Wagner led Orlando with 21 points, but the Magic scored 18 points in the final quarter of their first tournament game.

Persons: Karl, Anthony Towns, John Hefti, Mike Conley, Klay Thompson, Draymond, Jaden McDaniels, Thompson, McDaniels, Anthony Edwards, Rudy Gobert, Green, Edwards, Brandin Podziemski, Dario Saric, Stephen Curry, Nikola Jokic, Aaron Gordon, Paul George, James Harden, Kawhi Leonard, Harden, D'Angelo Russell, Rui Hachimura, Anthony Davis, Austin Reaves, LeBron James, Santi Aldama, Steven Adams, Brandon Clarke, Achilles, Derrick Rose, Ja Morant, Marcus Smart, Luke Kennard, soreness, Dejounte Murray, Saddiq Bey, Bogdan Bogdanovic, Trae Young, Marvin Bagley III, Ausar Thompson, Jimmy Butler, Bam Adebayo, Duncan Robinson, Butler, LaMelo Ball, Obi Toppin, Myles Turner, Turner, trey, Joel Embiid, De'Anthony Melton, Tyrese Maxey, Shai Gilgeous, Alexander, Antonio's Victor Wembanyama, Chet Holmgren, Holmgren, Wembanyama, Brandon Ingram, Jordan Hawkins, Zion Williamson, Herbert Jones, Naji Marshall, Dyson Daniels, Tim Hardaway Jr, Kyrie Irving, Luka Doncic, Jordan Clarkson, Lauri Markkanen, Jerami Grant, Deandre Ayton, Spencer Dinwiddie, Dinwiddie, Mikal Bridges, Franz Wagner, Paolo Banchero Organizations: Minnesota Timberwolves, Golden State Warriors, Chase Center, Draymond Green, Timberwolves, Minnesota, NBA, Golden State, Nuggets, Clippers, Denver, West Group, Lakers, Grizzlies, Memphis, Los, Hawks, Pistons, Atlanta, Detroit, Hornets, Miami, Charlotte, Pacers, 76ers, Haliburton, Indiana, Philadelphia, Sixers, Thunder, Spurs, Oklahoma City, Mavericks, New, Pelicans, Dallas, Jazz, Trail Blazers, Utah, Portland, Nets, Brooklyn, Orlando, East Group, Magic, Thomson Locations: San Francisco , California, USA, San Francisco, New Jersey, Golden, Los Angeles, Philadelphia, P.J . Washington, Haliburton, San Antonio, New Orleans, Utah, Portland, Salt Lake City, New York, Brooklyn

☆ NBA roundup: Nikola Jokic, Nuggets edge Warriors
▼ + stars: | 2023-11-09 | by ( ) www.reuters.com time to read: +9 min

Michael Porter Jr. added 17 points while Aaron Gordon finished with 14 points and 11 rebounds for Denver, which swept a four-game homestand. 1 draft pick Victor Wembanyama each had 14 points for the Spurs, who have lost three straight. Brandon Ingram scored 24 points on 11-for-25 shooting and rookie Jordan Hawkins added 14 points for the Pelicans, who lost their third straight game. Bobby Portis had 18 points for the Bucks, and Brook Lopez added 14, including a pivotal 3-pointer in the late going. Scottie Barnes contributed 14 points, 14 rebounds, seven assists and four steals.

Persons: Chris Paul, Nikola Jokic, Isaiah J, Downing, Reggie Jackson, Michael Porter Jr, Aaron Gordon, Stephen Curry, Klay Thompson, Draymond, Gary Payton II, Jamal Murray, Joel Embiid, Tyrese Maxey, Tobias Harris, Kelly Oubre Jr, Kristaps Porzingis, Derrick White, Jayson Tatum, Porzingis, Domantas, Malik Monk, Jerami Grant, Monk, Sabonis, Grayson Allen, Kevin Durant, Jusuf Nurkic, Nurkic, Bradley Beal, Bam Adebayo, Adebayo, Miami's Tyler Herro, Jaren Jackson Jr, Herro, Jackson, Kyle Kuzma, Charlotte, Danilo Gallinari, Delon Wright, LaMelo Ball, Gordon Hayward, Green, Alperen Sengun, Sengun, Anthony Davis, Rui Hachimura, Aaron Nesmith, Myles Turner, Bennedict Mathurin, Tyrese Haliburton, Jordan Clarkson, Lauri Markkanen, Julius Randle, Randle, Jalen Brunson, RJ Barrett, Jeremy Sochan, Malaki Branham, Victor Wembanyama, Wembanyama, Lonnie Walker IV, James Harden, Walker, Cam Thomas, Royce O'Neale, Paul George, Harden, Anthony Edwards, Karl, Anthony Towns, Rudy Gobert, Brandon Ingram, Jordan Hawkins, Damian Lillard, Giannis Antetokounmpo's, Bobby Portis, Brook Lopez, Antetokounmpo, Isaiah Stewart, Cade Cunningham, Marcus Sasser, Pascal Siakam, Dennis Schroder, Scottie Barnes, Luka Doncic, Kyrie Irving, Tim Hardaway Jr, Shai Gilgeous, Alexander, Caris LeVert, Evan Mobley, Donovan Mitchell, Mitchell Organizations: Golden State Warriors, Denver Nuggets, Ball, USA, NBA, Denver, Warriors, 76ers, Celtics, Philadelphia, Boston, Sixers, Milwaukee Bucks, Trail Blazers, Sacramento, The, Blazers, Suns, Bulls, Chicago, Phoenix, Grizzlies, Miami, Los Angeles Lakers, Hornets, Washington, Wizards, Rockets, Lakers, Houston, Angeles, Pacers, Jazz, Utah, Knicks, Spurs, New, San, Nets, Clippers, Brooklyn, Timberwolves, Pelicans, Minnesota, Bucks, Pistons, Milwaukee, Detroit, Raptors, Mavericks, Toronto, Dallas, Cavaliers, Oklahoma City, Thomson Locations: Denver , Colorado, USA, Portland, Durant, Memphis, Los Angeles, Indiana, Indianapolis, New York, San Antonio, Philadelphia, New Orleans, Minneapolis, Cleveland

☆ Rockets go wire-to-wire, crush short-handed Lakers
▼ + stars: | 2023-11-09 | by ( Field Level Media | ) www.reuters.com time to read: +2 min

[1/63] Nov 8, 2023; Houston, Texas, USA; Los Angeles Lakers forward LeBron James (23) looks over video with assistant coach Phil Handy before playing against the Houston Rockets at Toyota Center. Sengun matched Green in efficiency, going 8 of 10 from the floor while, like Green, adding seven rebounds. The Rockets ran away and hid from the Lakers early, amassing 20 points in the paint in the opening period. The ease with which Houston scored was enhanced by superior ball security -- the Rockets committed only two turnovers in the first quarter -- and sticky defense. Rockets reserve Tari Eason paired nine points with nine rebounds in his season debut.

Persons: LeBron James, Phil Handy, Thomas Shea, Jalen Green, Alperen Sengun, Green, Sengun, Anthony Davis, Rui Hachimura, D'Angelo Russell, Austin Reaves, Tari Eason Organizations: Los Angeles Lakers, Houston Rockets, Toyota Center, Rockets, The Lakers, Los Angeles, Lakers, Houston, . Rockets, Thomson Locations: Houston , Texas, USA, Phoenix, Houston

LOS ANGELES (AP) — LeBron James had 35 points and 11 rebounds, Austin Reaves scored seven of his 15 points in overtime and the Los Angeles Lakers snapped an 11-game losing streak against the Los Angeles Clippers with a 130-125 victory Wednesday night. D'Angelo Russell scored 27 points and Anthony Davis had 27 points and 10 rebounds for the short-handed Lakers, who beat their local rivals for the first time since July 2020 in the Florida bubble. The 17-time NBA champion Lakers hadn’t beaten the Clippers on the Lakers' home court at their shared arena since Christmas 2016, also losing 11 in a row. “It’s just been a process this year of us figuring each other out as a group,” Lakers coach Darvin Ham said." Leonard scored a career-high 18 points in the first quarter, hitting seven of his eight shots with four 3-pointers.

Persons: LeBron James, Austin Reaves, D'Angelo Russell, Anthony Davis, Lakers hadn’t, ” Reaves, ”, James Harden, Kawhi Leonard, Paul George, “, Tyronn Lue, George, Russell, Reaves, Leonard, James, Russell Westbrook, Christian Wood, Westbrook, “ It’s, Darvin Ham, P.J, Tucker, Harden, ” Lue, They’re, Jarred Vanderbilt, Rui Hachimura, Gabe Vincent, Jalen Hood, Prince, Hachimura, ” Leonard, “ They’re, ” George, ___ Organizations: ANGELES, Los Angeles Lakers, Los Angeles Clippers, Lakers, NBA, Clippers, ” Clippers, Sacramento, ” Lakers, Philadelphia, Los, Southern, NEXT Clippers, New York, Monday, Orlando Locations: Florida, Los Angeles, Southern California, warmups, New

☆ Awaiting James Harden, Clippers square off with Lakers
▼ + stars: | 2023-11-01 | by ( Field Level Media | ) www.reuters.com time to read: +3 min

November 1 - While the Los Angeles Lakers are, without question, the most popular NBA team in Southern California, the Los Angeles Clippers continue to develop into the homegrown squad. With the Lakers set to play host, the team's 12 championship banners from their Los Angeles tenure will hang over the proceedings -- the titles earning fans from multiple generations. The Clippers, though, are an assemblage of local talent, with the pending trade for 10-time All-Star James Harden only adding to that collection. Harden, a product of Artesia High School in nearby Lakewood, Calif., joins three other All-Stars from the Los Angeles area: Kawhi Leonard, Paul George and Russell Westbrook. Despite the Lakers' pedigree, the Clippers have gotten the most from the teams' recent matchups.

Persons: Star James Harden, Harden, Kawhi Leonard, Paul George, Russell Westbrook, Norman Powell, Harden's, Tyronn Lue, Lue, that's, Westbrook, D'Angelo Russell, Russell's, Anthony Davis, LeBron James, he's, Darvin Ham, Russell, He's, Davis, Christian Wood, James, Rui Hachimura Organizations: Los Angeles Lakers, NBA, Los Angeles Clippers, Lakers, Los, The Clippers, Star, Artesia High School, Clippers, Orlando Magic, Thomson Locations: Southern California, Los Angeles, Artesia, Lakewood, Calif, San Diego

☆ Lakers escape with tight win, hand Magic first loss
▼ + stars: | 2023-10-31 | by ( Field Level Media | ) www.reuters.com time to read: +2 min

[1/94] Oct 30, 2023; Los Angeles, California, USA; Orlando Magic forward Paolo Banchero (5) before playing against the against the Los Angeles Lakers at Crypto.com Arena. Anthony Davis scored 26 points and grabbed 19 rebounds for the Lakers. However, two empty possessions for Los Angeles gave Orlando the ball with 20.6 seconds remaining. The Lakers closed the third quarter on a 9-0 run for an 81-80 advantage after the Magic held their largest lead at 80-72. Los Angeles played without forward Rui Hachimura, who came out of the Sunday game against the Kings with a left eye contusion.

Persons: Paolo Banchero, Gary A, Vasquez, D'Angelo Russell, Anthony Davis, LeBron James, Gary Harris, Franz Wagner, Jalen Suggs, Markelle Fultz, Russell, Suggs, Davis, Wagner, James, Kevin Willis, Angeles, Rui Hachimura Organizations: Orlando, Los Angeles Lakers, Crypto.com, Orlando Magic, Lakers, Sacramento, Los Angeles, Magic, Thomson Locations: Los Angeles , California, USA, Orlando

☆ How the Azores islands went from whale hunting to whale watching
▼ + stars: | 2023-10-12 | by ( Anne Pinto | ) edition.cnn.com time to read: +10 min

Soon, factories processing whale oil, meat and bones sprung up on the islands. After crude oil was discovered in 1859, the demand for whale oil decreased dramatically in the following decades. In 1990, French national Serge Viallele set up the first whale watching company in the archipelago, on Pico island. The number of whale watching boats is strictly limited by a license system, which issues a maximum number per island – or per zone for the smaller islands. For now, whale watching remains a major draw for visitors to the islands.

Persons: ”, Rui de Souza Martins, Azorean, they’d, De Agostini, –, – didn’t, José Carlos Garcia, São Miguel, Pedro Madruga, wasn’t, Francois Gohier, Serge Viallele, “ Viallele, Miguel Cravinho, Francisco Garcia, ” de Souza Martins, you’ll, Martin Zwick, Jean, Michel Cousteau, Luís Silva, Garcia, “ Organizations: CNN, University of, Whaling, Whalers, Netflix, International Whaling Commission, IWC, Azul, World Cetacean Alliance, Centre for Research Locations: Azores, Lisbon, Azoreans, Portugal, United States, Nantucket and New Bedford , Massachusetts, Massachusetts, Pico, Francois, Terra Azul, Miguel, Europe

☆ Brazil touts climate credentials as Amazon deforestation falls — but draws criticism over oil bet
▼ + stars: | 2023-09-29 | by ( Sam Meredith | ) www.cnbc.com time to read: +7 min

It's welcome news for Lula, who has promised to achieve zero deforestation in the Amazon by 2030 and is seeking to repair his country's environmental reputation. The government, however, has received criticism over its plans to open new oil fields near the mouth of the Amazon River. Dave Benett | Getty Images Entertainment | Getty ImagesThe Amazon is critical in absorbing the planet's carbon dioxide — making it a vital bulwark in the fight against climate change. Txai Surui, an indigenous leader and activist from the Brazilian Amazon, welcomed the trend of falling Amazon deforestation but criticized Lula's administration for its willingness to potentially develop offshore oil. "How are you doing agreements about deforestation and all these things and yet you want to explore [for oil]?"

Persons: Michael Dantas, Luiz Inácio Lula da Silva, Lula, Jair Bolsonaro's, Guajajara, Bolsonaro, Sonia Guajajara, Txai Surui, Dave Benett, Buda Mendes, Rui Costa, Costa, Lula's, Surui, Brazil's, Brazil Luiz Inácio Lula da Silva, Andressa Anholete, Guillermo Lasso, Tipping, Brazil's Guajajara Organizations: Afp, Getty, CNBC, IBAMA, FUNAI, Indigenous Peoples, Petrobras, Reuters, Amazon, Nature Sustainability, U.N Locations: Manaquiri, Amazonas, London, Indigenous Peoples of Brazil, Annabel's, England, Brazil, Maracana, Rio de Janeiro, Buda, Planalto, Brasilia, Ecuador

☆ Carousell says it's 'on track' to profitability, plans to reduce losses this year
▼ + stars: | 2023-09-26 | by ( Sheila Chiang | ) www.cnbc.com time to read: +1 min

Secondhand goods marketplace Carousell expects to "healthily" reduce its losses this year, putting it on track to profitability, the firm's CEO told CNBC. And I think in a very promising sign, we actually are going to be healthily reducing our losses this year as well," said Quek Siu Rui, co-founder and CEO of Carousell said Monday, adding that the firm is "on track" with its plan to profitability. In 2022, the Singapore-based company posted $82.5 million in revenue, a 67% jump from the year before, according to regulatory filings. The Singapore-based firm was founded in 2012 as an online classified advertisements marketplace where users can list and sell their used goods for money. Research shows that the global circular economy — which seeks to reduce waste and promote recycling and reusing — could generate $4.5 trillion in additional economic output by 2030.

Persons: Siu Rui, Carousell, Quek Organizations: CNBC, Research Locations: Singapore

☆ China's e-commerce discount race to the bottom puts incumbents under pressure
▼ + stars: | 2023-09-26 | by ( Casey Hall | Thomson Reuters | Casey Has Reported On China'S Consumer Culture Her Base In Shanghai For More Than A Decade | ) www.reuters.com time to read: +6 min

REUTERS/Florence Lo/Illustration/File Photo Acquire Licensing RightsSHANGHAI, Sept 26 (Reuters) - Discount e-commerce is set to dominate globally during the critical upcoming holiday shopping season in the West and Singles’ Day in China, analysts said. Platforms in China, the world’s largest e-commerce market, have recently described a “value-for-money battle” stoked by economic insecurity and a slower-than-expected retail recovery following the lifting of COVID-19 curbs late last year. “There was a clear vacuum for the discount retailer online experience ... Across the world, executives are now focusing on price pressures as discount online retailers gain increasing market share. In the West, the inflation driven consumer wants something cheaper because they're going through a moment of financial insecurity,” Ho said.

Persons: Florence Lo, ”, thrall, Sharon Gai, ” Humphrey Ho, Rui Ma, Trudy Dai, Alibaba, ” Ho, Casey Hall, Vanessa O'Connell, Aurora Ellis Organizations: PDD Holdings, REUTERS, Rights, West, Deal, Hylink, Amazon ., Tmall, Thomson Locations: China, Southeast Asia, North America, Europe, United States, Douyin, Canada, Australia, America, U.S, Amazon, Amazon . Indonesia

☆ Rui Jiang: Armed man arrested at the Park Valley Church in Virginia after posting threats on Instagram, police say
▼ + stars: | 2023-09-26 | by ( Jessica Xing | ) edition.cnn.com time to read: +3 min

Rui Jiang, 35, was arrested Sunday at the Park Valley Church in Haymarket, Virginia, the Prince William County Police Department said in a statement. The Prince William County Public Defender’s Office declined to identify his attorney to CNN. Jiang wasn’t at the residence, but investigators were also able to give a description of his vehicle to officers in Prince William County. Letters and other documents related to the case were found in Jiang’s home, Prince William County Police Sgt. “We are equally grateful for the coordination with Fairfax County Police Department and Prince William County Police Department to bring this individual into custody.

☆ We'll be 'healthily reducing' our losses this year, Carousell CEO says
▼ + stars: | 2023-09-25 | 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 EmailWe'll be 'healthily reducing' our losses this year, Carousell CEO saysQuek Siu Rui, CEO and co-founder of the Singapore-based online marketplace for secondhand goods, says "the best advice that we've gotten is to stay really focused on a few critical priorities."

Persons: Carousell, Quek Siu Rui, we've Locations: Singapore

☆ Football Leaks' Rui Pinto gets suspended sentence, to remain free
▼ + stars: | 2023-09-11 | by ( Sergio Goncalves | ) www.reuters.com time to read: +3 min

Rui Pinto, the Portuguese man believed to be the mastermind behind Football Leaks, waits before his trial at the court in Lisbon, Portugal September 4, 2020. REUTERS/Rafael Marchante Acquire Licensing RightsLISBON, Sept 11 (Reuters) - A Lisbon court on Monday handed a four-year suspended prison sentence to Rui Pinto, the Portuguese man behind the Football Leaks website, for attempted extortion, illegal access to data and breach of correspondence, Judge Margarida Alves said. "The court decided Rui Pinto will be handed a single four-year sentence... but there is no need to serve the sentence in prison," the judge said. Pinto's targets included the football club Sporting, the Portuguese Football Federation, investment fund Doyen Sports and law firm PLMJ. Football Leaks' data seen by Reuters showed how some of the richest and most prominent figures in soccer avoided tax by channelling earnings offshore.

Persons: Rui Pinto, Rafael Marchante, Judge Margarida Alves, Pinto, Judge Alves, Anibal Pinto, Pinto's, Francisco Teixeira da Mota, Sérgio Gonçalves, Andrei Khalip Organizations: REUTERS, Rights, Football, Lisbon Central Criminal Court, Sporting, Portuguese Football Federation, Sports, Reuters, English Premier League, Manchester City, European Champions League, Thomson Locations: Lisbon, Portugal, Rights LISBON, Portuguese, Hungary

☆ Brazil's Lula unveils $350 bln 'growth acceleration' plan
▼ + stars: | 2023-08-11 | by ( Rodrigo Viga Gaier | ) www.reuters.com time to read: +3 min

A general view of the Copa Cabana beach during Independence Day celebrations, in Rio de Janeiro, Brazil September 7, 2022. Critics say it incurred excessive spending, exacerbating Brazil's fiscal crisis, while failing to bring fundamental advances in infrastructure. The government did not immediately detail the fiscal impact of the initiative, or give a specific time frame for the plan. Yet Lula is under pressure to deliver much-needed growth to poor, under-developed regions and he wants Petrobras to be an engine of growth. "We'll accelerate growth in our country and help stop degradation of our planet," Haddad said in a speech.

Persons: Ricardo Moraes, Luiz Inacio Lula da Silva, Dilma Rousseff, Staff Rui Costa, Lula, Jair Bolsonaro, Fernando Haddad, Haddad, Rodrigo Viga Gaier, Gabriel Araujo, Steven Grattan, Anthony Boadle, Kirsten Donovan Organizations: Copa Cabana, REUTERS, Staff, Petrobras, PETR4, Finance, Sao Paulo, Thomson Locations: Rio de Janeiro, Brazil, JANEIRO, Sao

☆ Brazil's jobless rate hits lowest since 2014 for a quarter through June
▼ + stars: | 2023-07-28 | by ( ) www.reuters.com time to read: +2 min

SAO PAULO, July 28 (Reuters) - Brazil's jobless rate fell in the quarter through June to its lowest level for the period in nine years, statistics agency IBGE said on Friday, underscoring the labor market's resilience despite its high interest rates. It was the fourth consecutive drop for a rolling quarter, according to IBGE, which said the move reflected seasonally lower vacancy rates. Finance Minister Fernando Haddad cautioned that despite the positive data, the unemployment rate should not be perceived as an indicator of a strong economy, given the country's 10% real interest rate leading to an activity slowdown. Some economists also expect high interest rates to take their toll going ahead, as economic growth softens in the country. "All in all, the labor market remained strong in the second quarter, defying the drag from stiflingly high interest rates," Pantheon Macroeconomics' chief economist for Latin America, Andres Abadia, said.

Persons: Fernando Haddad, Haddad, Andres Abadia, Luiz Inacio Lula da Silva's, Rui Costa, Gabriel Araujo, Steven Grattan, Alistair Bell Organizations: SAO PAULO, IBGE, Reuters, Finance, Macroeconomics, Twitter, Thomson Locations: Brazil, America

☆ Keira Walsh injury overshadows England's 1-0 win over Denmark
▼ + stars: | 2023-07-27 | by ( Ben Morse | ) edition.cnn.com time to read: +5 min

Women’s World Cup 2023: Live scores, fixtures, results, tables and top scorersCNN —England’s 1-0 win over Denmark at the Women’s World Cup on Friday was overshadowed by a serious-looking injury sustained by its star midfielder Keira Walsh who had to be stretchered off in the first half. Williamson, Mead and Walsh played major roles in England’s Euro 2022 title win. James and her teammates celebrates England's goal against Denmark. Knowing a win would secure its spot in the knockout phase of the tournament, Denmark ramped up the pressure on England’s goal, but was unable to find a way past Mary Earps. Initially China midfielder Zhang Rui was given a yellow card for a challenge on Sherly Jeudy.

Persons: CNN —, Keira Walsh, Lauren James, Walsh –, ”, Walsh, Leah Williamson, Beth Mead, Williamson, Mead, James, Justin Setterfield, Denmark ramped, Mary Earps, Amalie Vangsgaard’s, Earps, Sarina Wiegman, Wiegman, Banyana Banyana, Linda Motlhalo, Thembi Kgatlana, Kgatlana, Sophia Braun, Argentina's, Joe Allison, Núñez, Zhang Rui, Mondésir, – Melchie Dumornay, Wang Shuang, Dumornay, Zhu Yu, Maddie Meyer, Mathurin, Zhang Linyan, Wang Organizations: CNN, Denmark, BBC, ”, South, FIFA, Group, China, Lyon Locations: Barcelona, England, Denmark, China, ” Argentina, Africa Argentina, South Africa, Dunedin , New Zealand, Argentina, Africa, Sweden, Italy, South, Haiti, Adelaide

☆ Silence Is a ‘Sound’ You Hear, Study Suggests
▼ + stars: | 2023-07-10 | by ( Bethany Brookshire | ) www.nytimes.com time to read: +1 min

What is it that we hear when we hear nothing at all? Or are we just hearing nothing and interpreting that absence as silence? The “Sound of Silence” is a philosophical question that made for one of Simon & Garfunkel’s most enduring songs, but it’s also a subject that can be tested by psychologists. In a paper published Monday in the Proceedings of the National Academy of Sciences, researchers used a series of sonic illusions to show that people perceive silences much as they hear sounds. While the study offers no insight into how our brains might be processing silence, the results suggest that people perceive silence as its own type of “sound,” not just as a gap between noises.

Persons: Simon, it’s, ”, Rui Zhe Goh Organizations: National Academy of Sciences, Johns Hopkins University

[1/4] Police gather drugs ahead of burning six tonnes of cocaine, hashish and other substances to mark the United Nations' International Day Against Drug Abuse, in Lisbon, Portugal, June 26, 2023. REUTERS/Miguel PereiraLISBON, June 26 (Reuters) - Portuguese police on Monday burned six tonnes of cocaine, hashish and other substances to mark the United Nations' international day against drug abuse and illicit trafficking at a time the illegal trade is booming worldwide. Sousa said 11 tonnes of cocaine, 30 tonnes of hashish and smaller amount of other types of drugs have been seized in Portugal so far in 2023, already above the amounts seized last year as a whole. He said most of the cocaine was trafficked from Latin America and the Caribbean, while the hashish came from Morocco. Sousa said Portuguese authorities needed more resources to tackle the surge as the southern European nation, facing the Atlantic Ocean, was a key entry point of drugs into the European continent.

Persons: Miguel Pereira LISBON, Rui Sousa, Sousa, Catarina Demony, Miguel Pereira, Angus MacSwan Organizations: Police, Nations, REUTERS, United Nations Office, Drugs, Portuguese, Thomson Locations: Lisbon, Portugal, America, Caribbean, Morocco, Europe, European

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