DIRS.INFO The most relevant business & tech news

“The federation has worked to be able to talk to the players,” she said. “The Royal Spanish Football Federation has no right to deprive Spain of the women’s national team, even more so after having won the World Cup. Alexia Putellas controls the ball against Japan during the Women's World Cup. Of the 15 players who signed the letters, only three were in Spain’s World Cup squad: Mariona Caldentey, Aitana Bonmatí and Ona Batlle. However, now that Vilda and Rubiales have left their positions, RFEF hopes to kick-start a new chapter in women’s soccer.

Persons: Luis Rubiales, Jennifer Hermoso, Montse Tomé’s, Jorge Vilda, RFEF, Athenea del Castillo, Misa Rodríguez, Olga Carmona, Teresa Abelleira –, Friday’s, Rodríguez, Tomé, ”, “ I’ve, We’ve, Montse Tomé, Rodrigo Jimenez, Hermoso –, –, Hermoso, Víctor Francos, Francos, “, Miquel Iceta, ” Iceta, Alexia Putellas, Marty Melville, Iker Casillas, ” AFE, Mariona, Aitana, Ona Batlle, Rubiales, Thomas Coex, Carla Vall Organizations: CNN, Spanish women’s, Royal Spanish Football Federation, Sweden, Athenea, UEFA Women’s Nations League, Cadena SER, Spanish, of Sport, country’s, Sport, Spain’s Law of Sport, ’, High, women’s, Japan, Getty, Women’s Nations, England, Federation, National Court Locations: Switzerland, Spain, Madrid, AFP, RFEF, Sweden, Spanish, Australia, New Zealand, women’s soccer

☆ The golden years for NYC Airbnb hosts are over
▼ + stars: | 2023-09-18 | by ( Dan Latu | ) www.businessinsider.com time to read: +4 min

Airbnb listings in September fell to 4,600, a staggering 77% drop since June. AdvertisementAdvertisementOnly 4,600 short-term listings in New York City remain on Airbnb this month compared with over 20,000 active listings in June, according to analytics site AirDNA. It also found that Airbnb listings for stays longer than 30 days, which would be okay under the city's new rules, jumped from 54% of all listings in August to 88% in September. Florence banned new short-term rentals in the historic city center, while Paris capped how many days hosts could rent. Are you a New York City host affected by the newly enforced regulations?

Persons: Christine Blackburn, Blackburn doesn't, That's, Airbnb, Brian K, Lewis, Florence, Dan Latu Organizations: Service Locations: Wall, Silicon, New York, York, Brooklyn, Fort Greene, New York City, Ridgewood , Queens, Paris, Dallas, Philadelphia, dlatu@insider.com

☆ Microsoft product chief Panos Panay is leaving the company
▼ + stars: | 2023-09-18 | by ( Jordan Novet | ) www.cnbc.com time to read: +5 min

Panos Panay, Microsoft's chief product officer, talks about Windows 11 at the Windows 11 launch event that was streamed live on June 24, 2021. Microsoft's product chief, Panos Panay, will leave the software and hardware maker, executive vice president Rajesh Jha told employees on Monday. The shakeup represents a changing of the guard after more than a decade of sales of Microsoft's Surface PCs, which Panay has presented to consumers at company events. Team,After nearly 20 years at the company, Panos Panay has decided to leave Microsoft. Best,RajeshWATCH: The Microsoft Surface Go is a good computer, but a very bad tablet

Persons: Panos Panay, Panos, Rajesh Jha, Yusuf Mehdi, Satya Nadella, Mehdi, Charles Simonyi, Jha, I've, I'm, Pavan Davuluri, Brett Ostrum, Nino Storniolo, Linda Averett, Ken Pan, Ralf Groene, Aidan Marcuss, Carlos Picoto, Stevie Bathiche, Robin Seiler, Ruben Caballero, Anuj, Shilpa Ranganathan, Jeff Johnson, Ali Akgun, Mikhail Parakhin, Terri Chudzik, Erin Kolb, Mike Davidson, Let's, Rajesh Organizations: Windows, Microsoft Locations: Panos Panay, Panay, New York

☆ New York is cracking down on illegal weed stores as legal market struggles to take hold
▼ + stars: | 2023-09-18 | by ( Stefan Sykes | ) www.cnbc.com time to read: +3 min

A pedestrian passes a smoke shop in New York City on June 16, 2023. New York authorities are cracking down on unlicensed smoke shops that are selling cannabis. Currently, there are just 23 legal dispensaries open across the state, with only nine in New York City. But its effort has only begun to chip away at the vendors, particularly in New York City. In addition to skirting the tax system, smoke shops operating illegally may also pose significant health risks.

Persons: Spencer Platt, We're, Daniel Haughney Organizations: New, Getty, New York, Office, of Cannabis Management, CNBC, New York state's, Cannabis Management, New York City, New York Medical Cannabis Industry Association, Cannabis Control Locations: New York City, New York, New

☆ Elon Musk says Twitter, now X, is moving to small monthly subscription and has 550 million users
▼ + stars: | 2023-09-18 | by ( Lora Kolodny | ) www.cnbc.com time to read: +5 min

Among other things, Musk said the social network is "moving to having a small monthly payment for use of the X system" in order to combat "vast armies of bots. During the livestream, Musk also divulged some new metrics from X, claiming it now has 550 million "monthly users," who generate 100 million to 200 million posts per day there. However, Musk also used it to dispute the perception that his social network is full of hate speech and antisemitism. Before meeting with Netanyahu, Musk also accused George Soros's foundation of wanting to "destroy" western civilization. On Twitter, Musk has repeatedly disparaged trans people, federal regulators, politicians, journalists, whistleblowers, critics of his companies, and short sellers.

Persons: Elon Musk, Benjamin Netanyahu, Musk, Netanyahu, George Soros's, Tesla, Donald Trump, Marjorie Taylor Greene, Andrew Anglin Organizations: SpaceX, Tesla, Artificial Intelligence, Twitter, Israeli, Anti Defamation League, ADL, X Corp, Open Society, Nazi Locations: Washington ,, West, Jewish, Hungarian, American, U.S

☆ Ukraine says it will sue Poland, Hungary and Slovakia over food import bans
▼ + stars: | 2023-09-18 | by ( ) www.reuters.com time to read: +3 min

KYIV, Sept 18 (Reuters) - Ukraine plans to sue Poland, Hungary and Slovakia in the World Trade Organization over bans on Ukrainian agricultural products, Ukrainian officials said on Monday. Poland, Slovakia and Hungary announced their own restrictions on Ukrainian grain imports on Friday after the executive European Commission decided not to extend its ban on imports into Ukraine's five EU neighbours. Kachka told Politico that Ukraine could also impose reciprocal measures on the import of fruit and vegetables from Poland if Warsaw did not drop its additional measures. Ukraine ships grain by train via crossings with Poland, Slovakia and Hungary. Ukraine also shipped by rail an additional 1 million tons of oils and oilseeds.

Persons: Taras Kachka, Kachka, Robert Telus, Radoslaw Fogiel, Tom Balmforth, Pavel Polityuk, Anna Wlodarczuk, Anna Pruchnicka, Timothy Organizations: World Trade Organization, Politico, Kyiv, European Union, European Commission, EU, Timothy Heritage, Thomson Locations: Ukraine, Poland, Hungary, Slovakia, Bulgaria, Romania, Warsaw, Bratislava, Budapest

☆ I was arrested for trying to buy cannabis 15 years ago. Now, I run a multi-million dollar business selling weed.
▼ + stars: | 2023-09-17 | by ( Yoonji Han | ) www.businessinsider.com time to read: +7 min

Keshawn Warner is the cofounder of Dazed, a cannabis dispensary in Massachusetts and New York. AdvertisementAdvertisementThis is an as-told-to essay based on a conversation with Keshawn Warner, co-founder of the cannabis dispensary Dazed. Then, in 2008, at the height of the stop and frisk era, I was arrested for trying to buy cannabis. A Dazed cannabis dispensary. AdvertisementAdvertisementWhen we heard that New York had legalized cannabis and was opening up its cannabis industry, my ears perked up.

Persons: Keshawn Warner, Warner, Yoonji Han, Woodrow Wilson, There's, we'd, Andrew Lichtenstein, dink, I'd, Patrick Roberts, frisked Organizations: Warner, Morning, Getty Images, Norfolk State University, Yankees, York Locations: Massachusetts, New York, New York City, East Harlem, Puerto Rican, California, Breckenridge in Colorado . Denver, York, Manhattan

Epic Healing Eugene — Oregon’s first licensed psilocybin service center — opened in June, marking the state’s unprecedented step in offering the mind-bending drug to the public. The clients can't buy mushrooms to go, and they must stay at the service center until the drug wears off. Oregon Psilocybin Services spent two years establishing regulations and began accepting license applications in January. She expects Oregon’s psilocybin program, currently receiving millions in taxpayer dollars, to be fully supported by licensing fees by mid-2025. Little, brown psychedelic mushrooms can be found growing in fields or in the woods, but they can closely resemble poisonous varieties.

Persons: Eugene — Oregon’s, Angela Allbee, ”, ” Allbee, It’s, Eugene, Brian Lindley, Jeanette Small, Allbee, Cathy Jonas, Jonas, “, Gared Hansen, Hansen, " Hansen, that’s Organizations: Food and Drug Administration, FDA, Oregon Psychiatric Physicians Association, Services, Ashland, Service Locations: EUGENE, Eugene, Colorado, Oregon, United States, Bend, San Francisco, Springfield , Oregon, Pink Buffalo

TOPEKA, Kan. (AP) — Kansas will no longer change transgender people's birth certificates to reflect their gender identities, the state health department said Friday, citing a new law that prevents the state from legally recognizing those identities. The decision from the state Department of Health and Environment makes Kansas one of a handful of states that won't change transgender people's birth certificates. They came in response to court filings by conservative Republican state Attorney General Kris Kobach to enforce the new state law. Under the conservative Republicans who were governor before Kelly, transgender residents also couldn’t change their birth certificates. A federal judge signed off on a settlement agreement requiring the state to change transgender people’s birth certificates.

Persons: Laura Kelly's, Kris Kobach, Jaelynn, I’ve, ” Abegg, Kobach, Kelly, ” Omar Gonzalez, ”, ” Kobach, they've, ___ Hollingsworth, ___, John Hanna Organizations: of Health, Environment, Democratic Gov, Republican, GOP, Kansas, Lambda, Republicans, Lambda Legal, Kansas Supreme, American Civil Liberties Union of Kansas Locations: TOPEKA, Kan, Kansas, Wichita, U.S . Montana , Oklahoma, Tennessee, Montana, Mission , Kansas, kansas

REUTERS/Thomas White/Illustration/File Photo Acquire Licensing RightsSEOUL, Sept 15 (Reuters) - South Korea is reviewing measures to limit currency and swap traders' tenure in local dealing rooms to three to five years, starting as early as next year, two sources with direct knowledge of the matter told Reuters on Friday. "The FSS is in the process of finalizing the measures by collecting views from the bankers' federation." Money managers at local banks are fiercely opposing the move, as fraud checks are already rigorously done in their daily operations through middle- and back offices. Foreign banks with local branches will not be subject to enforcement on staffer rotations. The move could be in effect around the time the country's onshore currency market will be extended to 2 a.m. local time, or the end of London business day.

Persons: Thomas White, we're, Cynthia Kim, Kim Coghill Organizations: South, REUTERS, Rights, Reuters, Woori Bank, Financial Supervisory Service, Korean, Thomson Locations: South Korea, Rights SEOUL, London

The behind-the-scenes details on the IPO pricing decision are based on interviews with three people familiar with the discussions. Together with other previously unreported deliberations, they shed new light on why SoftBank took a conservative approach in valuing Arm in the IPO. SoftBank, which had owned 75% of Arm, agreed to buy the remaining 25% from its $100 billion Vision Fund at a $64 billion valuation last month. Representatives for Arm, SoftBank, PIF, Mubadala and Raine either declined to comment or did not immediately respond to requests for comment. VISION FUND BOUNCEBACKThe Vision Fund returned to profitability in the latest quarter thanks to investors' excitement around artificial intelligence boosting the value of some of the startups in which it invested.

Persons: Dado Ruvic, Masayoshi Son, Raine Group, Son, SoftBank, Fund's, Abu Dhabi's Mubadala, Raine, Didi Global, Echo Wang, Anirban Sen, Greg Roumeliotis, Christopher Cushing Organizations: REUTERS, SoftBank, Wednesday, Arm Holdings, Nasdaq, Vision Fund, Investors, Saudi Arabia's Public Investment Fund, Vision, Reuters, Nvidia Corp, Thomson Locations: San Francisco, New York, Mubadala, China, United States

LOS ANGELES (AP) — Environmental groups called on federal regulators Thursday to immediately shut down one of two reactors at California’s last nuclear power plant until tests can be conducted on critical machinery they believe could fail and cause a catastrophe. “We will not sit idly by while PG&E cuts corners on Unit 1’s safety,” Hallie Templeton, legal director for Friends of the Earth, said in a statement. Friends of the Earth, a longtime critic of plant safety, was a central player in negotiating the 2016 closing agreement. He noted that unlike most other reactor safety components, the pressure vessel has no independent backup system that can be called upon if it should crack or fracture and lose essential cooling water. According to the NRC, embrittlement occurs as a result of reactor operation when neutrons from the nuclear fuel irradiate the steel plates and welds used to construct the reactor vessel.

Persons: Peace, “, ” Hallie Templeton, Suzanne Hosn, ” Hosn, Gavin Newsom, Digby Macdonald, ”, Macdonald, ” Macdonald, Critics, Newsom, it’s Organizations: ANGELES, —, Nuclear Regulatory Commission, Pacific Gas &, Democratic, University of California, NRC Locations: Los Angeles, San Francisco, California, Washington, Berkeley

☆ House Republican lawmakers urge US crackdown on Huawei, SMIC
▼ + stars: | 2023-09-14 | by ( ) www.reuters.com time to read: +1 min

WASHINGTON, Sept 14 (Reuters) - A group of senior U.S. House Republicans on Thursday urged the Biden administration to crack down on Huawei [RIC:RIC:HWT.UL] and Semiconductor Manufacturing International Corp (SMIC) (0981.HK) after reports suggested Huawei has developed an advanced smartphone capable of supporting 5G. The lawmakers - including the chairs of the House of Representatives' Foreign Affairs, Energy and Commerce, Armed Services, and select China committees - urged the Commerce Department to stop granting licenses to Chinese government-controlled companies, such as SMIC, and said it called for additional U.S. pressure "and more effective export controls on our adversaries." The letter also called on the administration "to strategically bar the import of SMIC-produced semiconductors, particularly those that pose risks to national security, into the United States" and for the administration to "pursue criminal charges against executives from SMIC and Huawei." Reporting by David Shepardson; editing by Jonathan OatisOur Standards: The Thomson Reuters Trust Principles.

Persons: Biden, David Shepardson, Jonathan Oatis Organizations: U.S . House Republicans, Huawei, RIC, Semiconductor Manufacturing International Corp, HK, Representatives, Foreign Affairs, Energy, Commerce, Armed Services, Commerce Department, SMIC, Thomson Locations: China, United States

☆ Arm IPO: Should you buy shares? Here's what 4 analysts are saying
▼ + stars: | 2023-09-14 | by ( Ganesh Rao | ) www.cnbc.com time to read: +4 min

China risks Analysts have also noted Arm's limited control over its China joint venture, Arm China, which contributes 24% of revenue. "Plus, Arm can only sell to China customers via the Arm China channel, and they can offer competing product. With no direct stake in Arm China, they currently have very little control over their only means to sell in China." Valuation Analysts at New Constructs have also challenged Arm's valuation. Growth Analysts at Bernstein were also cautious, while expecting cloud, automotive, and mobile royalties to drive healthy top-line growth for Arm.

Persons: Rohit Kulkarni, Roth, SoftBank, Bernstein, Sara Russo, Russo, it's, Timm Schulze, Schulze, Melander, — CNBC's Michael Bloom Organizations: Apple, Nvidia, SoftBank Locations: British, New York, SoftBank, China, Arm China

☆ New York expands legal marijuana licenses — but some would-be retailers feel left behind
▼ + stars: | 2023-09-14 | by ( Stefan Sykes | ) www.cnbc.com time to read: +2 min

A woman walks by a smoke shop in New York City that displays a marijuana leaf in the window, June 16, 2023. Coss Marte's marijuana dispensary in lower Manhattan has already cost him over $1 million, and it's not even open yet. On Tuesday, the state's Cannabis Control Board voted for new regulations that would expand New York's meager marketplace for legal weed by allowing a wider range of applicants. New York has prioritized retail licenses for people who had been convicted of marijuana offenses before weed became legal in 2021. But lawsuits by medical marijuana and veterans groups have paused the program and barred New York regulators from issuing more licenses or opening businesses for existing licenses.

Persons: it's, Marte, we've, Chris Alexander, they've Organizations: Cannabis Control, Cannabis Management Locations: New York City, Manhattan, ., York, New York

☆ In April, Trump said his private-jet LLC was worth no more than $1,001. Then in July, he said it was worth up to $25 million. Why?
▼ + stars: | 2023-09-14 | by ( Mattathias Schwartz | ) www.businessinsider.com time to read: +6 min

Revised Trump ethics filings show massive shifts in the value of some Trump entities. In an April filing with the Office of Government Ethics, Trump claimed that the TAG Air had a value of $1,001 or less. Then, in a revised July filing, Trump valued TAG Air at between $5 million and $25 million. During the 2016 campaign, taxpayers reportedly paid TAG Air $1.6 million to cover the cost of transporting the Secret Service agents charged with protecting him. Here is Trump's first financial disclosure form, filed in April:And here is Trump's revised financial disclosure form, from July, in two parts.

Persons: Trump, Donald Trump, Letitia James, Steven Cheung, James's, Mike Pence's, General James, Richard W, Painter Organizations: Trump, Service, Trump Organization, New York, TAG Air, Inc, Boeing, Government, TAG, Secret Service, United Arab, China, Management, Briarcliff Manor Development, White, University of Minnesota, Chase Manhattan Bank Locations: cryptocurrency, Iran, China, Ukraine, Wall, Silicon, New York State, York, Ethereum, Turkey, Qatar, United Arab Emirates, Saudi Arabia, Taiwan, South Korea, Ireland, Briarcliff Manor

☆ The Arm IPO is here, but many ETFs will not be buyers
▼ + stars: | 2023-09-14 | by ( Bob Pisani | ) www.cnbc.com time to read: +6 min

The Cupertino, Calif.-based company licenses its processorIPO and tech enthusiasts are excited about the Arm Holdings Plc initial pubic offering, and with good reason: it's the first big tech IPO in more than two years. However, some investors who would like to get immediate exposure to the Arm IPO through ETFs may be disappointed. However, this particular IPO highlights several difficulties that even large companies like Arm have in acquiring a broader ownership base through ETFs. The first problem is that Arm is not a U.S. company, it's British — which generally would exclude it from the S&P indexes. Potential ETF buyers: Nasdaq-100 ETF, IPO ETFsThere are some potential ETF buyers.

Persons: Matt Bartolini, Howard Silverblatt, Van Eck, Jan Van Eck, Todd Sohn, it's, Matt Kennedy, Nate Geraci, I'm Organizations: ARM Holdings, Arm Holdings, Nasdaq, Tech, ARM, P, SPDR Technology, SPDR, SPDR Americas Research, Street Global Advisors, Global, Renaissance, Van Eck Semiconductor, CNBC, Vanguard Total U.S, Renaissance Capital Locations: Cupertino, Calif, U.S, SPDR Americas

☆ Cramer calls Arm IPO a 'Goldilocks outcome,' says it's a good sign for the IPO market
▼ + stars: | 2023-09-14 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer on Thursday gave his take on Arm Holdings ' initial public offering, saying the semiconductor designer's market debut went as well as could be expected. "I think this deal was pretty darn close, really, to a Goldilocks outcome and a good sign of things to come for the IPO market," he said. "Arm went up enough to get people excited about new offerings again, but not so much that the whole thing became a travesty of a mockery of a sham." Valued at almost $60 billion at the open, Arm is the largest company to go public since electric car manufacturer Rivian in 2021. Despite the surge, Cramer suggested investors buy a small position in the stock.

Persons: CNBC's Jim Cramer, Cramer, you've Organizations: Arm Holdings, Apple, Nvidia, CNBC

COLUMBIA, S.C. (AP) — Abortion providers are trying to lengthen the narrow window when they can legally terminate a pregnancy under a strict new ban in South Carolina. Spokespeople for both the South Carolina Senate majority leader and speaker of the House did not immediately respond to requests for comment. A decision in their favor would mark a big shift in the number of people able to legally obtain abortions at Planned Parenthood facilities in Columbia and Charleston. “It means the difference between turning away 50% of people and turning away 90% of people,” Susanna Birdsong, the general counsel for Planned Parenthood South Atlantic, told the AP. Planned Parenthood South Atlantic Communications Director Molly Rivera said the group is now fighting “for every inch of ground" after failing to get the new law completely struck.

Persons: John Kittredge, “, Catherine Humphreville, Spokespeople, ” Susanna Birdsong, Molly Rivera, ___ Pollard Organizations: COLUMBIA, —, Republican, Planned Parenthood Federation of America, Associated Press, South, South Carolina Senate, South Carolina General Assembly, AP, Atlantic Communications, America Statehouse News Initiative, America Locations: South Carolina, Columbia, Charleston

☆ US Declares Public Health Emergency in Georgia After Hurricane Idalia
▼ + stars: | 2023-09-13 | by ( Sept. | At A.M. | ) www.usnews.com time to read: +1 min

(Reuters) - The U.S. Department of Health and Human Services (HHS) on Wednesday declared a public health emergency (PHE) for the state of Georgia to deal with the ramifications of Hurricane Idalia. The hurricane hit Florida's Gulf Coast in late August with fierce winds, torrential rains and pounding surf before turning to southeastern Georgia, where floodwater trapped some residents in their homes. With the PHE declaration, healthcare providers and suppliers will have greater flexibility in meeting emergency needs of people covered by the Medicare and Medicaid health plans, the HHS said. "We are working closely with state and local health authorities, as well as our partners across the federal government, and stand ready to provide additional public health and medical support," said health secretary Xavier Becerra. The declaration waives certain requirements such as physicians or other healthcare professionals needing to hold licenses in the state in which they provide services.

Persons: floodwater, Xavier Becerra, Christy Santhosh, Rahul Paswan, Krishna Chandra Eluri Organizations: Reuters, U.S . Department of Health, Human Services, Wednesday, HHS Locations: Georgia, Coast, Bengaluru

☆ Elon Musk, Mark Zuckerberg, Bill Gates and other tech names head to Washington for a closed-door meeting on policing AI
▼ + stars: | 2023-09-13 | by ( Associated Press | ) www.businessinsider.com time to read: +4 min

Some of the world's biggest tech leaders gathered in Washington, DC for a closed-door forum on AI. Elon Musk, Mark Zuckerberg, Bill Gates, and other tech leaders all were scheduled to attend. The closed-door forum on Capitol Hill included almost two dozen tech executives, tech advocates, civil rights groups and labor leaders. Tech leaders outlined their views, with each participant getting three minutes to speak on a topic of their choosing. AdvertisementAdvertisementStill, some senators were critical of the private meeting, arguing that tech executives should testify in public.

Persons: Elon Musk, Mark Zuckerberg, Bill Gates, Musk, Chuck Schumer, Meta's Mark Zuckerberg, Tesla, OpenAI's Sam Altman, Schumer, Sen, Mike Rounds, Eric Schmidt, Zuckerberg, Arvind Krishna, Josh Hawley, Hawley, Richard Blumenthal, Conn Organizations: Service, Capitol, Microsoft, Tech, IBM Locations: Washington ,, Wall, Silicon

Arm, the chip design firm that supplies core technology to companies including Apple and Nvidia , priced its initial public offering at $51 a share. Arm's fully diluted market cap, which includes outstanding restricted stock units, is over $54 billion at the $51 offer price. Arm's valuation for a chip company is exceedingly rich when compared to any player in the market other than Nvidia. At $54 billion, Arm would carry a price-to-earnings multiple of about 104, based on profit in the latest fiscal year. Correction: A prior version of this story had the incorrect IPO priceWATCH: Arm reportedly prices IPO at $52 per share

Organizations: Apple, Nvidia, Nasdaq, Semiconductor, U.S, Google, Samsung, AMD, Intel, Taiwan Semiconductor Manufacturing Company

But he’s hoping that they will give senators some realistic direction as he tries to do what Congress hasn't done for many years — pass meaningful regulation of the tech industry. “It’s going to be a fascinating group because they have different points of view,” Schumer said in an interview with The Associated Press ahead of the forum. Many members of Congress agree that legislation will probably be needed in response to the quick escalation of artificial intelligence tools in government, business and daily life. In the United States, most major tech companies have expressed support for AI regulations, though they don’t necessarily agree on what that means. Blumenthal’s framework calls for a new “licensing regime” that would require tech companies to seek licenses for high-risk AI systems.

Persons: Chuck Schumer, Meta’s Mark Zuckerberg, Elon Musk, Bill Gates, Schumer, Republican Sen, Mike Rounds, “ It’s, ” Schumer, ” Rounds, “, ”, Mark Warner, Democratic Sen, Martin Heinrich of, Todd Young, Indiana —, Sam Altman, Forrester, Sen, Young, ” Young, “ We’ve, Dana Rao, We’ve, Richard Blumenthal, Conn, Josh Hawley, ” Blumenthal, ___ O'Brien, Ali Swenson, Kelvin Chan Organizations: WASHINGTON, Capitol, Microsoft, Republican, Associated Press, AP, Democratic, European Union, Adobe Locations: South Dakota, Martin Heinrich of New Mexico, Indiana, U.S, United States, Europe, Josh Hawley of Missouri, Providence , Rhode Island, New York, London

☆ How Luckin Coffee overtook Starbucks as the largest coffee chain in China
▼ + stars: | 2023-09-12 | by ( Sheila Chiang | ) www.cnbc.com time to read: +6 min

SHENZHEN, CHINA - 2020/10/05: Chinese coffee shop chain Luckin Coffee logo seen at a store. Founded in 2017, Luckin Coffee burst onto the Chinese coffee scene to challenge Starbucks through affordable coffee options and mobile ordering. China is Starbucks' second-largest market after the U.S. Luckin Coffee grew to 10,829 stores in China at the end of June, surpassing Starbucks as the largest coffee chain brand in the country following what one analyst calls an "aggressive" expansion. Meanwhile, Starbucks' stores worldwide are company-owned and the American coffee chain does not franchise operations, according to its website. The Chinese coffee chain said that it sold 5.42 million Moutai alcohol-infused lattes on the first day of its launch.

Persons: Alex Tai, Li, Rahul Maheshwari, Luckin, Vivian Leung, Zhang Peng, Price, it's, Jianggan Li, Leung, Kweichow Moutai, Moutai, Shawn Yang, Yang, latte Organizations: Getty, Starbucks, U.S, Luckin, Momentum, Coffee, CNBC, Lightrocket, Brand Finance, Blue Lotus Research Institute Locations: SHENZHEN, CHINA, China, Singapore, Guangzhou, TIANJIN, Asia, Beijing

☆ Column: TransWest line to recast Wyoming from coal villain to energy hero
▼ + stars: | 2023-09-12 | by ( Gavin Maguire | Thomson Reuters | Gavin Maguire Is The Global Energy Transition Columnist. He Was Previously Asia Commodities | ) www.reuters.com time to read: +4 min

LITTLETON, Colorado, Sept 11 (Reuters) - A 728-mile (1,172-km) transmission line connecting wind farms in rural Wyoming to power consumers in California and Nevada looks set to reshape Wyoming's reputation from coal stalwart to energy transition lynchpin. Wyoming is by far the largest coal producing state in the United States, accounting for more than 40% of total U.S. coal output in 2021, according to the U.S. Energy Information Administration (EIA). Reuters Image Acquire Licensing RightsAs a result, Wyoming has the potential to generate large amounts of wind power that can be exported to more populous areas which lack their own clean energy supplies. RECORD DRIVERThe main engine behind the clean energy that will flow through the TransWest line will be the Chokecherry and Sierra Madre wind energy project, which when completed will be the largest wind farm in the United States. But if the TransWest line can deliver on its promise of efficiently channelling surplus clean power to distant, needy consumers, there is a good chance more such projects will gain the necessary backing.

Persons: Gavin Maguire, Tom Hogue Organizations: U.S . Energy Information Administration, U.S, Reuters, TransWest, U.S . Department of Energy, TransWest Express, Thomson Locations: LITTLETON , Colorado, Wyoming, California, Nevada, . Wyoming, United States, Texas, U.S, California , Arizona, Sierra Madre

Search resuls for: "Licenses"

25 mentions found