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☆ Trump Prosecutor in Georgia Rebukes Critics in Speech to Black Church Group
▼ + stars: | 2024-06-13 | by ( Richard Fausset | ) www.nytimes.com time to read: +1 min

With her prosecution of former President Donald J. Trump bottled up in a state appeals court fight, the Georgia district attorney who brought the case pushed back at her conservative critics on Thursday, appearing to single out recent remarks made about her by Mr. Trump’s co-defendant Rudolph W. Giuliani. At a recent stop on the ReAwaken America tour, a right-wing Christian event, Mr. Giuliani referred to the district attorney, Fani T. Willis, as a “ho,” using a stylized version of the word “whore” borrowed from the African American vernacular. He also said he chose to deliberately mispronounce Ms. Willis’s first name as “Fanny,” as opposed to the proper pronunciation, “FAHN-ee.”Ms. Willis spoke on Thursday to leaders of the African Methodist Episcopal Church, who were meeting at a church in Marietta, Ga.“I’ve lived the experience of a Black woman who is attacked and over-sexualized,” she said. “See, I’m so tired of hearing these idiots call my name as ‘Fanny,’ in a way to attempt to humiliate me. Because, like silly schoolboys, the name reminds them of a woman’s rear, of her behind.”

Persons: Donald J, Trump, Trump’s, Rudolph W, Giuliani, Fani, Willis, ”, Willis’s, Fanny, Ms, I’ve, ’ Organizations: America, African Methodist Episcopal Church Locations: Georgia, Marietta , Ga

☆ Veteran shares his harrowing bear attack survival story
▼ + stars: | 2024-05-28 | by ( Marnie Hunter | ) edition.cnn.com time to read: +6 min

I never let go of the bear spray can,” Burke wrote in the post. He interlaced his fingers behind his neck with the bear spray canister caught in one of his fingers,” NPS said via email. “I recorded a short video telling my people that I loved them.”A photo provided by the National Park Service shows the airlift operation. “The number one thing that kept me alive during the attack was reading and understanding what to do in the event of a bear attack and being prepared with the bear spray,” he said in his post. • Carry bear spray, know how to use it, and keep it readily accessible.

Persons: CNN — Shayne Patrick Burke, Burke, “, ”, ” Burke, “ I’ve, Chloe Organizations: CNN, grizzlies, National Park Service, Army, NPS, Teton Interagency Dispatch Center, John’s Locations: Wyoming, Grand Teton, South Hadley , Massachusetts, Massachusetts, Teton, St

☆ Opinion | Rita, Anita, My Mother and Me
▼ + stars: | 2024-05-11 | by ( Deborah Paredez | ) www.nytimes.com time to read: +1 min

Some Latina mothers teach their daughters how to spoon masa or plátano onto a corn husk or banana leaf when making tamales or pasteles. My Latina mother taught me to love musicals. Perhaps it’s because, like all musicals, “West Side Story” is a complex form of representation that revels in both its messiness and its marvelousness. My mother was showing me a diva who could move across these imposed limits. Many of us have cataloged and condemned the musical’s depictions of criminal youth and blatantly sexual women all speaking in exaggerated accents.

Persons: Barbra Streisand, Fanny Brice, Diana Ross, Rita Moreno, Anita, ” Organizations: Broadway Locations: “, America

☆ FDA approves new drug that may help stop and even reverse a rare, fatal condition that doctors call a ‘ticking time bomb’
▼ + stars: | 2024-03-26 | by ( Brenda Goodman | ) edition.cnn.com time to read: +15 min

These proteins cause the walls of a person’s blood vessels to keep growing and thicken over time. As the blood vessels narrow, the heart is forced to work harder to pump blood to the lungs. Treatment with a combination of drugs that dilate, or relax, blood vessels can improve this outlook, but they are not a cure. Both groups were also taking the standard medications for the condition, which help relax blood vessels to improve blood flow. But Galiatsatos said that as promising as the drug looks, there are still many unknowns, including whether the drug will benefit all PAH patients equally.

Persons: Katrina Barry, Barry, “, ”, Winrevair, Merck Winrevair, Vallerie McLaughlin, Panagis, Galiatsatos, isn’t, ” Barry, I’m, fanny, She’s, sotatercept, PAH, Sotatercept, “ There’s, Kristin Highland, Highland, ” Merck, Merck, Dr, Sanjay Gupta, Aaron Waxman, Barry’s, he’s, they’ve, Johnson –, Waxman, “ I’ve, “ It’s, who’ve Organizations: CNN, American Lung Association, US Food and Drug Administration, Merck, FDA, University of Michigan, PAH, Johns Hopkins Bayview Medical Center, New England, of Medicine, Cleveland Clinic, Institute, Clinical, CNN Health, Brigham, Women’s Hospital, Johnson Locations: PAH, American, Greece, Boston

☆ Sam Smith opens Vivienne Westwood’s Fall-Winter 2024 show in Paris
▼ + stars: | 2024-03-04 | by ( Leah Dolan | ) edition.cnn.com time to read: +5 min

The discombobulating outfit was, in fact, the opening look of Vivienne Westwood’s Fall-Winter 2024 show in Paris — a collection that has proved divisive online. “Vivienne Westwood will be turning in her grave watching Sam Smith in this get up,” wrote one disgruntled fan on X. While many online lamented how Kronthaler’s latest season has “defiled” and “tainted” Westwood’s fashion reputation. The 1990s era of Vivienne Westwood was defined by shape and silhouette, as demonstrated here with Linda Evangelista walking the Fall-Winter 1995 show in Paris. Kronthaler's first solo show for Vivienne Westwood at Paris Fashion Week felt more aligned with the brand's popular 90s silhouettes.

Persons: Sam Smith, trudging, fanny, Mel Gibson’s, Vivienne Westwood’s, Andreas Kronthaler, —, Pascal Le Segretain, Vivienne Westwood, Alexander McQueen, John Galliano, Gen, ”, Linda Evangelista, PL, Kronthaler, Kate Moss, “, Vivienne Westwood's, Giovanni Giannoni, Bella Hadid, Kronthaler's Organizations: CNN, Westwood, PL Gould, Vogue, Penske Media, Paris Fashion, Financial Times Locations: Paris, Sharpie

☆ A Brooklyn D.I.Y. Landmark Changes With the Times
▼ + stars: | 2024-02-21 | by ( Alex Vadukul | ) www.nytimes.com time to read: +1 min

Just before midnight on Saturday, hard techno began pulsating from the Market Hotel, a D.I.Y. music venue located beside the elevated tracks of a Myrtle Avenue subway station in Bushwick, Brooklyn. The party, “Market Hotel Sweet Sixteen,” was meant to commemorate the venue’s legacy as a D.I.Y. Over a decade ago, the Market Hotel nurtured a middle-class bohemia, providing a stage to punk and indie bands like Real Estate, Vivian Girls, Titus Andronicus and the So So Glos. If you knew, you knew.

Persons: fanny, ”, Vivian Girls, Titus Andronicus Locations: Myrtle, Bushwick , Brooklyn, bohemia

☆ Gen X and boomers love Temu. I asked them why.
▼ + stars: | 2024-02-04 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +6 min

Recent research showed that boomers and Gen Xers shopped more frequently on Temu than younger people. I was surprised when I read a research study recently that said that Gen X and boomer Temu shoppers tended to spend slightly more per order and placed orders more often than younger shoppers. AdvertisementSo I asked readers who were boomers or Gen Xers to write in and tell me: Why do they love Temu so much? The Gen X and boomers denied this — most of them said they ignored the annoying roulette wheels. —LanieA variety of items bought by a Gen Xer on Temu Kristy MeeksA crafter who gets jewelry-making supplies:I shop on Temu mostly for jewelry, crafting and jewelry supplies.

Persons: Gen Xers, —, fanny, Elsa, X, Temu, Xers, Tyrone A, I'm, They're, it's, — Linda, Kristy Meeks, Lydia, I've, Randy, Bill Craft supples, Bill Eldridge The Organizations: Service, Amazon Locations: Temu, Toronto, China

☆ 8 things to pack for a Disney vacation and 3 to leave behind, from a travel planner who's been to the parks over 40 times
▼ + stars: | 2024-01-31 | by ( Kari Becker | ) www.businessinsider.com time to read: +6 min

Read previewAfter going to Disney World over 40 times, I've become quite the packing professional. If you've spent any time in the Orlando area, you know it will most likely rain during your Disney trip. My favorites are the rose-gold Minnie ears, but I've been eyeing the Haunted Mansion and It's a Small World ones for a while. Kari BeckerYou can pay for almost everything at Disney World with Disney gift cards, including dining, merchandise, and resort charges. I love this aspect of Disney World because it means there are wonderful dining options with upscale food that are still family-friendly.

Persons: —, I've, I'm, you've, Kari Becker I've, fanny, Kari Becker It's, Mickey, Minnie, Kari Becker, Alberts, you'll Organizations: Service, Disney, Business, Disney Genie, Magic Kingdom, Floridian, Yacht Locations: Orlando, River, Victoria

☆ Singapore to triple AI talent to 15,000 experts, deputy PM says
▼ + stars: | 2023-12-04 | by ( ) www.reuters.com time to read: +1 min

AI (Artificial Intelligence) letters are placed on computer motherboard in this illustration taken, June 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsSINGAPORE Dec 4 - Singapore plans to triple its pool of artificial intelligence experts, including machine-learning scientists and engineers, to 15,000, as part of its national AI strategy, deputy prime minister Lawrence Wong said on Monday. Singapore also pledged under its AI strategy to increase government incentives for the sector, including by backing accelerator programs for AI startups and encouraging companies to set up AI "centres of excellence." Singapore's Infocomm Media Development Authority (IMDA) announced on Monday a $52.3 million ($70 million SGD) initiative to develop Southeast Asia's first large language model, catering to the region's languages. Reporting by Fanny Potkin in Singapore; Editing by Bill BerkrotOur Standards: The Thomson Reuters Trust Principles.

Persons: Dado Ruvic, Lawrence Wong, Singapore's, Fanny Potkin, Bill Berkrot Organizations: REUTERS, SINGAPORE, Microsoft, Nvidia, U.S Securities and Exchange Commission, Media Development Authority, Thomson Locations: Singapore, U.S, China, Taiwan

☆ My husband and I spent Thanksgiving on a cruise ship with friends. It cost us $3,800, but we'd do it again for other major holidays.
▼ + stars: | 2023-11-30 | by ( Katrina Wilson | ) www.businessinsider.com time to read: +6 min

I spent Thanksgiving on a, eight-day Carnival Cruise with my husband and 12 of our friends. We booked an eight-day Carnival Cruise over the Thanksgiving holiday to celebrate our friends Tai and Darien's wedding anniversary. My husband and I spent about $3,800 to book the tripThe cruise cost $2,050 for the two of us. AdvertisementThe ship didn't satisfy our Thanksgiving cravings, but we still had nice mealsThe ship's Thanksgiving dinner, unfortunately, didn't tickle our fancy. But it felt good to lay in bed on the cruise and watch films I hadn't seen in years.

Persons: —, Tai, fanny, Katrina Wilson, à, Stevie Wonder, we're, Lawrence, Whitney, I'd Organizations: Service, gratuities Locations: Florida, formalwear

Some of our top-rated duffel bags, travel wallets and hardside suitcases are on sale, as well as the travel essentials that Buy Side staffers always pack for smooth trips. AmazonAmong the ton of deals the mega-retailer is offering for Cyber Monday, we found these great sale prices on travel necessities. Dagne DoverDagne Dover’s neoprene travel gear has made it onto our lists of the best gym bags and fanny packs and travel must-haves, and for good reason. MonosMonos’ sleek luggage, including rolling bags, duffels and backpacks, is on sale for Cyber Monday—you can save up to 40% sitewide. Also shop this versatile luggage set and large spinner if you’re in the market for hardside travel gear.

Persons: Madeline Diamond, Bellamy Richardson, Béis, Cuyana, Sons Lo, you’ve, We’ve, it’s, You’ll, Now’s Organizations: Sons, Catalina, luxe Locations: Calpak

The California-based AI chip giant had been expected to launch the new products as early as Nov. 16, chip industry newsletter SemiAnalysis reported this month. However, the H20 launch has now been pushed back until the first quarter of next year, the sources said, with one saying they were advised it could take place in February or March. In addition to the H20, Nvidia has been planning two other chips to comply with new U.S. export rules - the L20 and L2. The sources said the L20 was not facing delays and would launch according to its original schedule. Chinese internet giant Baidu (9888.HK) placed a sizeable order for Huawei AI chips this year, Reuters reported this month citing sources.

Persons: Dado Ruvic, Baidu, Fanny Potkin, Yelin, Brenda Goh, Jamie Freed Organizations: NVIDIA, REUTERS, Rights, Nvidia, Huawei, U.S, Baidu, HK, Reuters, Thomson Locations: Rights SINGAPORE, BEIJING, China, The California, U.S, Singapore, Yelin Mo, Beijing, Shanghai

☆ Barbra Streisand, in Her Own Words
▼ + stars: | 2023-11-12 | by ( Desiree Ibekwe | More About Desiree Ibekwe | ) www.nytimes.com time to read: +1 min

This year’s memoirs have kept ravenous consumers of celebrity culture well fed. Now, Barbra Streisand joins their ranks with “My Name Is Barbra,” a memoir released on Tuesday. At almost 1,000 pages, “it’s not a book you inhale,” the Times critic at large, Wesley Morris, writes. “Streisand is poring over, pouring out, her life.”Her childhood, in a Brooklyn housing project, was emotionally fraught. Her father died when she was just over a year old; her mother was emotionally unavailable, and her stepfather was distant.

Persons: Prince Harry plumbed, Britney Spears, Elliot Page, Patrick Stewart, Henry Winkler, Kerry Washington, Pamela Anderson, Barbra Streisand, “, ”, “ it’s, Wesley Morris, Streisand, Fanny Brice, Marlon Brando, Pierre Trudeau Organizations: Paris Hilton, Greenwich Village, Canadian Locations: Brooklyn

The 118-day work stoppage will end officially just after midnight, the SAG-AFTRA union said in a statement after its negotiating committee voted unanimously to support the deal. "We have arrived at a contract that will enable SAG-AFTRA members from every category to build sustainable careers," the union said. George Clooney and other A-list stars voiced solidarity with lower-level actors and had urged union leadership to reach a resolution. While WGA members returned to writing scripts in late September, the ongoing SAG-AFTRA work stoppage left many productions dark. It also led movie studios to delay big releases such as "Dune: Part 2" because striking actors could not promote them.

Persons: Jim Kulick, Mario Anzuoni, Fran Drescher, Walt Disney, I'm, Fanny Grande, It's, Jessica Payne, Rati Gupta, Anu, George Clooney, Lisa Richwine, Stephen Coates Organizations: SAG, Paramount Studios, REUTERS, Alliance, Television Producers, Walt, Netflix, Hollywood, CBS, Writers Guild of America, WGA, Milken, United Auto Workers, Detroit carmakers, Thomson Locations: Los Angeles , California, U.S, New York, Los Angeles, Los Angeles and New York, California

The Southeast Asian electronics manufacturing hub already hosts U.S. giant Intel's (INTC.O) largest semiconductor packaging and testing plant worldwide and is home to several chip designing software firms. It is working on a strategy to attract more semiconductor investment, including from foundries, which focus on manufacturing chips. Meetings with half a dozen U.S. chip firms took place in recent weeks, including with fab operators, Vu Tu Thanh, head of the Vietnam office of the US-ASEAN Business Council, told Reuters. He declined to identify the firms because talks were still at a preliminary stage. John Neuffer, President of the U.S. Semiconductor Industry Association, at the same conference recommended the government focus on chip sectors where Vietnam was already strong, such as assembling, packaging and testing.

Persons: Florence Lo, PSMC, Tu Thanh, Joe Biden, GlobalFoundries, Hung Nguyen, Viettel, Robert Li, John Neuffer, Francesco Guarascio @fraguarascio, Khanh Vu, Fanny Potkin, Lincoln Organizations: REUTERS, Hanoi, U.S, ASEAN Business Council, Reuters, GlobalFoundries, Industry, Hanoi's University Vietnam, BET, Vietnam Semiconductor, European Union, U.S . Semiconductor Industry Association, Reuters Graphics Reuters, Thomson Locations: Vietnam, HANOI, U.S, Hanoi, China, South Korea, Singapore

With a population of more than 270 million, Indonesia generated nearly $52 billion in e-commerce transactions last year, according to data from consultancy Momentum Works. TikTok is holding talks for potential partnerships with local e-commerce players, including GoTo's Tokopedia, while building a standalone TikTok Shop app for Indonesia, the people said. Until TikTok Shop stopped operations in Indonesia this month, it was delivering about 3 million parcels a day in Indonesia, two sources said. Alphabet's (GOOGL.O) YouTube is also planning to apply for an e-commerce license, two sources said, without specifying the type of permit planned. TikTok and YouTube's plans to apply for e-commerce permits in Indonesia have not been previously reported.

Persons: Dado Ruvic, GoTo's Tokopedia, TikTok, Tokopedia, Isy Karim, Isy, Stanley Widianto, Fanny Potkin, William Mallard Organizations: REUTERS, Rights, YouTube, Meta, Momentum Works, TikTok, Reuters, Facebook, Thomson Locations: Rights JAKARTA, Indonesia, Southeast, Southeast Asia, U.S, Indonesian

Domestic equipment manufacturers, such as toolmaker Naura (002371.SZ) and etching equipment maker AMEC, are winning a much higher proportion of tenders from Chinese foundries than in previous years, as chipmakers race to replace foreign-made equipment with domestically made alternatives, research showed. "There is definitely huge progress happening in the Chinese semiconductor equipment space, as reflected in the strong revenue growth metrics," he said. The Huatai Securities report revealed that for the first eight months of 2023, only one tender for lithography equipment was awarded to a Chinese company, out of many bids. "Local players still lack capability to supply a full set of equipment, such as EUV," said Nori Chiou, investment director at White Oak Capital, saying Chinese manufacturers are focused on covering mature node equipment. "It’s a long way to go to see advanced semiconductor equipment made in China."

Persons: Florence Lo, Xi Jinping, Biden, Hua Hong, SMIC, Nori, Fanny Potkin, Yelin, Ellen Zhang, Brenda Goh, Sharon Singleton Organizations: REUTERS, Companies, Huatai Securities, Beijing, Reuters, HK, Hua Hong Semiconductor, CINNO Research, Analysts, Materials Inc, Lam Research Corp, U.S, Huawei Technologies, White Oak, Thomson Locations: China, SINGAPORE, BEIJING, Japan, Netherlands, U.S, ASML, Singapore, Yelin Mo, Beijing

The logo of Powerchip Semiconductor Manufacturing Corp's Japanese business in pictured in Tokyo, Japan July 21 2023. REUTERS/Sam Nussey/File Photo Acquire Licensing RightsSINGAPORE/TOKYO, Oct 17 (Reuters) - Taiwan chipmaker Powerchip Semiconductor Manufacturing Corp (6770.TW) is considering around five sites in Japan, including Mie prefecture, for setting up a potential $5.4 billion factory as talks on subsidies progress, sources said. Powerchip is looking at around five sites for the factory, the source said. One option is Mie prefecture in central Japan, two sources said, close to the industrial hub of Nagoya and fabs operated by Taiwan's UMC (2303.TW) and Japan's Kioxia. A factory from Powerchip would mark a further commitment by Taiwanese chipmakers into manufacturing in Japan, with TSMC (2330.TW) building a factory in Kyushu in western Japan and eyeing a second.

Persons: Sam Nussey, Powerchip, Taiwan's UMC, eyeing, chipmaker, Fanny Potkin, Miho Uranaka, Muralikumar Organizations: Powerchip Semiconductor Manufacturing, REUTERS, Rights, Powerchip Semiconductor Manufacturing Corp, SBI Holdings, SBI, Reuters, Thomson Locations: Tokyo, Japan, Rights SINGAPORE, TOKYO, Taiwan, Mie, Nagoya, Powerchip, Kyushu

Reuters reviewed a confidential draft of the 10-member Association of Southeast Asian Nations' (ASEAN) "guide to AI ethics and governance," whose content has not previously been reported. In contrast to the EU's AI Act, the ASEAN "AI guide" asks companies to take countries' cultural differences into consideration and doesn’t prescribe unacceptable risk categories, according to the current version reviewed. With almost 700 million people and over a thousand ethnic groups and cultures, Southeast Asian countries have widely divergent rules governing censorship, misinformation, public content and hate speech that would likely affect AI regulation. The ASEAN guide advises companies to put in place an AI risk assessment structure and AI governance training, but leaves specifics to companies and local regulators. EU officials and lawmakers told Reuters that the bloc would continue to hold talks with Southeast Asian states to align over broader principles.

Persons: Stephen Braim, Alexandra van Huffelen, Fanny Potkin, Supantha Mukherjee, Panu, Sam Holmes Organizations: Reuters, Association of Southeast Asian Nations, ASEAN Digital, Companies, IBM, Google, ASEAN, Technology, United States, NIST, U.S . Department of Commerce's National Institute of Standards, Meta, Southeast, EU, European Commission, Thomson Locations: SINGAPORE, STOCKHOLM, Thailand, United, Southeast Asia, Japan, South Korea, Brussels, Singapore, Stockholm, Bangkok

☆ Exclusive: Huawei unit ships Chinese-made surveillance chips in fresh comeback sign -sources
▼ + stars: | 2023-09-20 | by ( ) www.reuters.com time to read: +4 min

Hauwei also unveiled new smartphones in recent weeks that use advanced chips, which analysts say are domestically made. "These surveillance chips are relatively easy to manufacture compared to smartphone processors," said the source familiar with the surveillance camera industry's supply chain, adding that HiSilicon's return would shake up the market. A key factor is that the company appears to have worked around U.S. restrictions on chip design software. Huawei has not commented on the phone's 5G capabilities or how it produced the advanced chip. The United States has no evidence that Huawei can produce smartphones with advanced chips in large volumes, U.S. Commerce Secretary Gina Raimondo said on Tuesday.

Persons: Hauwei, Frost, Sullivan, HiSilicon, Taiwan's TSMC, Gina Raimondo, Dan Hutcheson, Shanghai Newsrooms, Fanny Potkin, Gerry Doyle Organizations: Huawei Technologies, Huawei, Securities, Novatek Microelectronics Corp, Semiconductor Manufacturing International Corp, HK, Kirin, United, . Commerce, Cadence Design Systems, Synopsys Inc, Siemens, Thomson Locations: BEIJING, SHANGHAI, U.S, Kirin, China, United States, Beijing, Shanghai, Singapore

☆ Exclusive: Huawei unit ships Chinese-made surveillance chips in fresh comeback sign
▼ + stars: | 2023-09-20 | by ( ) www.reuters.com time to read: +5 min

Huawei also unveiled new smartphones in recent weeks that use advanced chips, which analysts say are domestically made. "These surveillance chips are relatively easy to manufacture compared to smartphone processors," said the source familiar with the surveillance camera industry's supply chain, adding that HiSilicon's return would shake up the market. A key factor is that the company appears to have worked around U.S. restrictions on chip design software. HiSilicon mainly supplies chips for Huawei equipment but has had external customers such as Dahua Technology (002236.SZ) and Hikvision (002415.SZ). The United States has no evidence that Huawei can produce smartphones with advanced chips in large volumes, U.S. Commerce Secretary Gina Raimondo said on Tuesday.

Persons: Florence, Frost, Sullivan, HiSilicon, Taiwan's TSMC, Gina Raimondo, Dan Hutcheson, Shanghai Newsrooms, Fanny Potkin, Gerry Doyle Organizations: Security China, REUTERS, Rights, Huawei Technologies, Huawei, Securities, Novatek Microelectronics Corp, Semiconductor Manufacturing International Corp, HK, Kirin, United, . Commerce, Cadence Design Systems, Synopsys Inc, Siemens, Thomson Locations: Beijing, China, Rights BEIJING, SHANGHAI, U.S, Kirin, United States, Shanghai, Singapore

MILAN (AP) — Thousands came out in a rain to watch an open-air Diesel show during Milan Fashion Week on Wednesday, making the denim-centric brand the hottest ticket in town. A latex dress hugged the form in a nearly nude beige, somewhere on the border between transparency and cover. Zip pockets are sewn into bra tops, while a trio of fanny packs become a bandeau top: perfect for the festival circuit. The technology going into the textiles is so cutting-edge that Rosso said that part of the production site is sealed off from the rest to protect the secrecy. “Touch the garments, and you will go out of your mind,’’ Rosso said.

Persons: Glenn Martens, Jaden Smith, Martens, fanny, Renzo Rosso, ’, Rosso, ’ ’ Rosso Organizations: MILAN, Milan Locations: tatters

☆ Deep tech VC launched by ex-Nvidia, Samsung execs raises $140 mln fund
▼ + stars: | 2023-09-19 | by ( ) www.reuters.com time to read: +1 min

SINGAPORE, Sept 19 (Reuters) - Global Frontier Technology Ventures (GFT), a venture capital firm launched by former Nvidia and Samsung executives, on Tuesday said it has raised $140 million for its inaugural fund. The Palo Alto-headquartered fund will focus on investing in early-stage artificial intelligence (AI) startups and other firms focusing on cutting-edge science, known as "deep tech." "Given the transformational shift (caused by AI and data science), there's a huge opportunity to invest in startups that are leveraging those technologies." Herbst previously led business development and startup investments at U.S AI powerhouse Nvidia (NVDA.O), while other-co founder Jay Eum was formerly the managing director of Korean technology giant Samsung's (005930.KS) corporate investment arm. Earlier investments by GFT ventures include South Korean autonomous trucking company Mars Auto, U.S data engineering platform automation platform Switchboard and U.S health tech startup Mighty Health.

Persons: Jeff Herbst, Herbst, Jay Eum, Fanny Potkin, Varun Organizations: Frontier Technology Ventures, Nvidia, Samsung, U.S, Reuters, Mars Auto, Health, Thomson Locations: SINGAPORE, Alto, Israel, Asia

☆ Shrek Crocs are officially real
▼ + stars: | 2023-09-17 | by ( Aj Willingham | ) edition.cnn.com time to read: +2 min

CNN —In the distant future, archaeologists will happen upon a Shrek Croc, its soft vinyl unsullied by the ages, and they will have questions. Crocs, the brand behind everyone’s favorite unapologetically ugly shoe, has collaborated with DreamWorks to craft an extremely important cultural artifact: The Shrek Croc. Green, freckled, and just a little scary, the Shrek Croc (or Shroc, if you will) has long been a dream for some Croc lovers. There actually is a 2018 Change.org petition floating around to “Make Shrek Crocs Real.” The good people at Crocs know what’s up too: In the run-up to the shoe’s launch on September 13, the official Croc X account retweeted 20 identical messages from an account called “Shrek Crocs,” all reading “Make Shrek Crocs real.”“The wait is over for the most wonderfully hideous Classic Clogs,” the shoe’s description reads. There are Pop Tarts Crocs (Croc-Tarts), Lisa Frank Crocs, Barbie Crocs, Crocs with fanny packs and even scented Crocs Jibbitz — a combination of words commanding almost as much dark energy as “Shrek Crocs.”Most reactions to the Shrek Crocs fall into one of two categories: “I need them immediately,” or “If you wear these in public I will perform a citizen’s arrest.” If your thoughts lean toward the former, you may want to hurry.

Persons: Margaritaville, Crocs, Lisa Frank Crocs, Barbie Crocs, fanny Organizations: CNN, DreamWorks

The instruction by TSMC, which is grappling with delays at its $40 billion chip factory in Arizona, is aimed at controlling costs and reflects the company's growing caution about the outlook for demand, the sources said. Suppliers currently expect the delay to be short-term, the sources said, declining to be named as the information is not public. Companies affected by the instruction to delay include Dutch firm ASML (ASML.AS), which makes lithography equipment essential for high-end chipmaking, one of the sources said. ASM International (ASMI.AS), a smaller equipment firm that is also a supplier to TSMC, fell 4.2% with BE Semiconductor (BESI.AS), a packaging equipment firm, down 2.4%. CHIP CYCLE WORRIESThe Taiwanese chip giant is not alone in worrying a bounce back in demand may take longer than expected.

Persons: Dado Ruvic, TSMC, chipmaker, C.C, Wei, Peter Wennink, We've, Wennink, they're, Mark Liu, Sam Nussey, Fanny Potkin, Toby Sterling, Miyoung Kim, Stephen Coates Organizations: Taiwan Semiconductor Manufacturing, REUTERS, Suppliers, Reuters, ASM, BE Semiconductor, Apple, Media, Huawei, Analysts, chipmaker Semiconductor Manufacturing International Corp, HK, Thomson Locations: TOKYO, SINGAPORE, AMSTERDAM, Arizona, China, Taiwan, Beijing, Washington, Tokyo, Singapore, Amsterdam

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