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☆ NYC's EV revolution is riding on Uber and Lyft drivers
▼ + stars: | 2024-04-22 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +13 min

For Uber and Lyft drivers, time is money, so widely accessible charging is key to the EV switch. A study by the US Department of Energy found that 1,000 fast chargers were needed for every 20,000 EV drivers on the road. A mad dash for EV licensesThe transition is getting an early test this year now that thousands more ride-hailing drivers have licenses. AdvertisementIn October, the Taxi & Limousine Commission opened applications for this gig work for the first time in five years — but for EV drivers only. In exchange, Uber drivers will get up to a 25% discount when they charge.

Persons: Manhattan, Tesla, Eric Adams, Bobby Familiar, Revel, Michael Replogle, David Do, Aeraj Qazi, Qazi, Guillermo Fondeur, Uber, he's, Fondeur, Adams, EVs, Con Edison, Flo, Replogle, it's, Josh Gold, Uber's, that's, Do, we've, Juliana Kaplan Organizations: EV, US Department of Energy, Business, NYC's Department of Transportation, Chargers, Taxi, Limousine Commission, TLC, New York Taxi Workers Alliance, Rentals, Department of Transportation, DOT, LaGuardia Airport, Tesla, Gravity, Green, Initiative Locations: New York City, Queens, NYC, Canadian, Canada, EVs, Manhattan, America

☆ Ukraine is given a reprieve by the U.S., but faces race against the clock over weapons supplies
▼ + stars: | 2024-04-22 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +7 min

Ukrainian servicemen monitor the situation along the front via drones in the direction of Kreminna, Ukraine as Russia-Ukraine war continues on 31 March 2024. Defense analysts argue that while the funding could help breathe new life and morale into Ukraine's beleaguered military campaign, aid and supplies must be sent to Ukraine immediately. "It's unlikely this will create immediate parity with the Russian volume of fire, but it will help close the gap," Savill said. They point out that further U.S. aid is not guaranteed, particularly given the uncertain outcome of the presidential election later this year. One top U.S. general told Congress earlier in April that Russia was firing five artillery shells for every one fired by Ukrainian forces, and that this disparity could double in the coming weeks.

Persons: it's, Joe Biden, Volodymyr Zelenskyy, Zelenskyy, DANA, Matthew Savill, Savill, tranche, RUSI's Savill, Chasiv Yar, Roman Pilipey, Donald Trump, Timothy Ash, Ash, — Organizations: Anadolu, Getty, Ukraine, Republicans, Democratic, U.S, Senate, Defense, London, Pentagon, Kyiv, Spartan, Afp, Chatham House, RBC BlueBay Asset Management Locations: Kreminna, Ukraine, Russia, U.S, Israel, Taiwan, Ukrainian, Washington, Russian, Czech, Bakhmut, Donetsk Oblast, Roman, British, Chasiv, Donetsk, Eurasia, Western, Luhansk, Ocheretyne, Avdiivka

☆ Here’s what aid the House would provide Israel, Ukraine
▼ + stars: | 2024-04-17 | by ( Katie Lobosco | Tami Luhby | ) edition.cnn.com time to read: +3 min

CNN —House Republicans released the text of three bills Wednesday that would provide aid for Ukraine, Israel and the Indo-Pacific region, with the latter intended to help deter Chinese aggression in the area. Taken together, the House bills add up to about $95 billion in aid – the same amount the Senate bill included – with an adjustment that $10 billion in Ukraine economic assistance is in the form of a repayable loan, CNN has reported. Nearly $14 billion included in the bill would help Ukraine buy advanced weapons systems and other defense equipment. The Senate bill, by comparison, would provide $14.1 billion in assistance to Israel, including funds for missile defense systems and foreign military financing to help Israel reestablish territorial security and deterrence, and $9.2 billion in humanitarian aid. The Senate bill contained very similar provisions to bolster security in the region.

Persons: Joe Biden, Here’s what’s, Russia –, Israel, CNN’s Lauren Fox, Haley Talbot, Melanie Zanona Organizations: CNN — House Republicans, CNN, House Republicans, Ukraine, Israel, House, Foreign, United Nations Relief, Works Agency, Senate Locations: Ukraine, Israel, Russia, Iran, Taiwan

☆ See the 10 types of new US Navy warships plagued by shipbuilding delays
▼ + stars: | 2024-04-17 | by ( Lauren Frias | ) www.businessinsider.com time to read: +2 min

The Navy attributed the delays to pandemic-related supply chain issues. AdvertisementAll of the US Navy's highly anticipated shipbuilding projects face yearslong delays, the service said earlier this month. The major delays come amid concerns that China is outpacing American shipbuilding and increasing its naval capabilities. The Navy secretary said he and his team were "floored" by US ally South Korea's shipbuilding capabilities. AdvertisementIn a February statement, the Navy recognized Korean and Japanese shipbuilding as an asset to the US as "China continues to aggressively pursue worldwide shipbuilding dominance."

Persons: —, Gerald R, Navy Carlos Del Toro, Del Toro Organizations: US, Navy, Service, aircraft, Air Space, US Department of Defense, Korean Locations: Virginia, China, American

☆ Opinion: We all lose if the Olympic surveillance state becomes the norm
▼ + stars: | 2024-04-17 | by ( Opinion Jules Boykoff | ) edition.cnn.com time to read: +9 min

He is the author of six books on the politics of the Olympic Games, most recently “What Are the Olympics For?” The views expressed here are his own. France enacted an Olympic Games Law in May 2023 that legalized the use of AI-driven video surveillance this summer and allowed experimentation with intelligent video surveillance until March 31, 2025. The law made France the first nation in the European Union to greenlight biometric surveillance systems. She told me that the Olympic Law “infringes the right to privacy, the right to be anonymous in the streets.”“Everything in this is political,” Levain said. The French Ministry of the Armed Forces unveiled plans to use HELMA-P, an anti-drone laser weapon system prototype, at the Paris Games.

Persons: Jules Boykoff, Emmanuel Macron, Jules Boykoff Jessi, –, ” Noémie, “, ” Levain, ”, Gérald Darmanin, we’ve, Amelie Oudea, Macron, Natsuko Sasaki, Laurent Nuñez, Le, Danielle Simonnet, Thomas Bach Organizations: Pacific University, Olympic Games, CNN, Olympic, Games, ISIS, Stade de France –, Law, European Union, Amnesty International, European Civic Forum, Human Rights, Ministry of, France’s, French Ministry of, Armed Forces, Paris Games, Stade de France, Paris Police, Le Parisien, Paris, Patriotes, Palais Royal, National Assembly, France Insoumise Party Locations: Paris, Palestinian, Atlanta, France, Le, Europe, Moscow

☆ Australia joins global subsidy race with 'Future Made in Australia' plan
▼ + stars: | 2024-04-11 | by ( ) www.cnbc.com time to read: +1 min

Australia will launch subsidies and incentives modelled on similar efforts in the United States and Europe to help the giant commodity exporter bolster domestic manufacturing and promote industries it sees as vital to national security. The "Future Made in Australia Act" will be unveiled by Prime Minister Anthony Albanese at a speech in Queensland state on Thursday. "Our Government will be proactive when it comes to backing Australia's comparative advantages and delivering on our national interests," Albanese will say. "Only Government has the resources to do that, only Government can draw together the threads from across the economy and around our nation." In the race to roll out clean energy and compete with China in manufacturing electric vehicles and semiconductors, seen as vital for economic prosperity and national security, governments in rich nations are spending billions on subsidies.

Persons: Darrian Traynor, Stringer, Anthony Albanese, Albanese Organizations: Getty Locations: Australia, United States, Europe, Queensland, China

☆ NATO should recruit new members from Asia that share 'the alliance's vision of freedom,' former NATO commander says
▼ + stars: | 2024-04-09 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +4 min

Stavridis suggested recruiting countries like Australia, Japan, New Zealand, and South Korea. AdvertisementThe NATO military alliance should consider broadening its membership to include Asia-Pacific nations like Japan and New Zealand, said a former NATO supreme allied commander. AdvertisementIn his op-ed, Stavridis suggested recruiting Asia-Pacific countries "that share the alliance's vision of freedom, democracy, liberty and human rights." Advertisement"I'd say the challenges and the benefits feel roughly balanced, but given the practical and political hurdles, it is probably too soon to consider a global NATO," Stavridis wrote. AdvertisementThe military alliance's overtures to Asia appear to have drawn the ire of countries like China, whose defense ministry has accused NATO of being a "walking war machine."

Persons: James Stavridis, Stavridis, —, Emmanuel Macron, Wu Qian Organizations: NATO, US, Service, Bloomberg, US Southern Command, Asia, Business Insider Locations: Asia, Pacific, Australia, Japan, New Zealand, South Korea, NATO, Russia, Ukraine, Latin America, US, China, South China, Philippines, Thailand, Singapore

☆ Everything you want to know about Janet Yellen’s China visit; Russia, chopsticks, oversupply
▼ + stars: | 2024-04-08 | by ( Nectar Gan | ) edition.cnn.com time to read: +11 min

“China is now simply too large for the rest of the world to absorb this enormous capacity,” Yellen told reporters Monday. US intelligence has warned that China is providing technology and equipment to Russia that is important to Moscow’s war in Ukraine. During her last visit to Beijing, Yellen dramatically boosted business for a Yunnan restaurant chain and its mushroom dish after her delegation was spotted dining there. “As a US official, Yellen needs to know more about China than just its food. Only by understanding China better, can she correct the US worldview and its views of China and China-US relations.”

Persons: Janet Yellen, Yellen, Joe Biden, Xi Jinping, ”, China Nicholas Burns, Pedro Pardo, Li Qiang, ” Yellen, Li, Biden, “, Mao Ning, Xi, CNN’s Marc Stewart, we’ve, Andy Wong, “ Yellen, Tao Tao Organizations: Hong Kong CNN, Russia, China's, Getty, Vice, Foreign Ministry, Treasury Department ., Ukraine, China’s, Ministry, “ Locations: China, Hong Kong, Guangzhou, Beijing, United States, AFP, Washington, Xinhua, Russia, Ukraine, Treasury Department . China, San Fransisco, “, Yunnan, Weibo

CNN —Rick Slayman, the world’s first living recipient of a genetically edited pig kidney transplant, was discharged from the hospital Wednesday, two weeks after his operation, Massachusetts General Hospital said in a statement. “He is recovering well and will continue to recuperate at home with his family,” the hospital said on X, formerly Twitter. Rick Slayman in his hospital room at Massachusetts General Hospital before his discharge on Wednesday April 3, 2024. Michelle Rose/Massachusetts General HospitalHis surgery is the third such xenotransplant of a pig organ into a living human. The first two transplants were hearts transplanted into living patients that had run out of other transplant options.

Persons: Rick Slayman, Slayman, I’ve, ”, Michelle Rose, Dr, Sanjay Gupta, ” Slayman Organizations: CNN, Massachusetts General Hospital, Massachusetts Department of Transportation, CNN Health, Procurement, Transplantation Network Locations: Massachusetts, U.S

☆ NATO’s next challenge: How to reverse years of underfunding defense
▼ + stars: | 2024-04-03 | by ( Luke Mcgee | ) edition.cnn.com time to read: +8 min

For over a decade, allies have chronically underspent on defense while the West’s adversaries modernized and bolstered their own military capabilities. Defense spending stayed low across the West not just because of budget pressures, but also because everyone – including the US – was frightened to provoke Russia. However, the nature of NATO allies’ support for Ukraine – much of it direct military support – has exposed the vulnerability that years of underfunding has caused the alliance. Fabian Bimmer/Pool/ReutersThis means that the challenge in front of NATO allies now is not just how can they meet the demand for weapons coming from Ukraine, but how do they reverse years of underfunding their own defenses? Some allies don’t trust that others will be quite so generous with defense spending if the Russia-Ukraine war were to end.

Persons: Vladimir Putin’s, Putin, Volodymyr Zelensky, Murat Kula, ”, ” John Herbst, Antony Blinken, Ulf Kristersson, Andrew Caballero, Reynolds, underfunding, It’s, Herbst, NATO’s, –, Jens Stoltenberg, Olaf Scholz, Fabian Bimmer, Stoltenberg, ” Stoltenberg, Peter Ricketts, Douglas Lute, “ Organizations: CNN, NATO, Turkish, Anadolu Agency, Pentagon, “, Swedish, US State Department, Getty, Ukraine, Rheinmetall, Trump Locations: Soviet, Bosnia, Kosovo, Afghanistan, Iraq, Ukraine, United States, British, Vilnius, Russia, Kyiv, Europe, Germany, AFP, North Korea, Iran, Washington, Unterluess, Baltic, Brussels, Finland, Sweden, NATO

☆ US Army general says the 'future is not bright' for towed artillery, like the M777s America gave Ukraine to fight the Russians
▼ + stars: | 2024-03-28 | by ( Chris Panella | ) www.businessinsider.com time to read: +4 min

Read previewA US Army general said the age of the towed artillery cannon may be coming to an end and suggested the prioritization of other, more mobile options. The general's comments on towed artillery, systems like the M777 howitzer, come as these weapons are being used in the war in Ukraine. Related stories"I personally believe that we have witnessed the end of the effectiveness of towed artillery: The future is not bright for towed artillery," Rainey said, according to Breaking Defense. US soldiers fire a M777 towed 155 mm howitzer during an exercise at Vilseck, Germany on Feb. 13, 2024. Drones, for instance, have dominated the skies and have easily targeted artillery systems and denied troops mobility and access to safely move pieces to new positions.

Persons: —, James Rainey, Rainey, William Kuang, Charlie Battery, Savannah Smith, it's Organizations: Service, Army, Artillery, Business, Association of, United States Army's Global Force, US Army Futures Command, Breaking Defense, Spc, US Army, Defense, Cannon Artillery, Arkansas National Guard, 1st Battalion, 206th Field Artillery Regiment, Fort Chaffee, 119th Mobile Public Affairs, Kyiv Locations: Ukraine, Kyiv, Vilseck, Germany, Russia

☆ VP Harris announces new requirements for how federal agencies use AI technology
▼ + stars: | 2024-03-28 | by ( Brian Fung | Sam Fossum | ) edition.cnn.com time to read: +5 min

On Thursday, Vice President Kamala Harris announced a set of new, binding requirements for US agencies intended to prevent AI from being used in discriminatory ways. Under the requirements taking effect on Dec. 1, agencies using AI tools will have to verify they do not endanger the rights and safety of the American people. The new policy from the Office of Management and Budget (OMB) also directs federal agencies to designate a chief AI officer to oversee how each agency uses the technology. She said the Biden administration intends for the policies to serve as a global model. Still, the new OMB policy marks the latest step by the Biden administration to shape the AI industry.

Persons: That’s, Biden, Kamala Harris, ” Harris, Shalanda Young, “, ” Young, ” Organizations: Washington CNN, Transportation, Administration, Management, Budget, “, Department of Homeland Security, Commerce Department, White House, Government, Office, OMB Locations: European Union, United States

☆ Canada's First Nations are building the densest neighborhood in the country by reclaiming their ancestral land and defying NIMBYs
▼ + stars: | 2024-03-27 | by ( Eliza Relman | ) www.businessinsider.com time to read: +10 min

AdvertisementMindy Wight, CEO of the Squamish development group building Sen̓áḵw, called it "the creation of a modern Squamish village" in an interview with Business Insider. Canada's federal auditor general recently condemned a "distressing and persistent pattern of failure" by federal programs designed to support First Nations housing and infrastructure, among other services. The housing projects aren't the only major developments underway on indigenous land in Canada. There are no housing or infrastructure developments on US tribal land that match the scale of the First Nations projects in Canada. While some Native American tribes have spearheaded significant housing projects, most indigenous-owned land in the US isn't in the most valuable housing markets.

Persons: —, it's, Mindy Wight, Sen̓áḵw, Brennan Cook, Cook, Heather, reaps, Elisa Campbell, Jericho, Campbell, Heather Lands, Sen̓áḵw, Gordon Price, Price, Tyler Harper, aren't, Michelle Cyca, Alex Armlovich, Armlovich, Noah Smith Organizations: Service, Nations, First Nations, Business, Nation, MST, Corporation, MST Development Corporation, Vancouver City, Canada Lands Company, Energy, Technologies, British Columbia, CBC Vancouver, Bates, Niskanen Locations: Canada, Vancouver, Squamish, Squamish Nation, Wight, Jericho, British, American, MacLean's, Canadian

China’s economy has struggled to recover from severe self-imposed restrictions during the COVID-19 pandemic that it lifted only at the end of 2022. But Xi said that China was again contributing to world economic growth in the double digits percentage-wise. China's economy has been bogged down by a crisis in its property market in which builders are struggling under mountains of debt, and buyers are paying off loans on apartments that may never be completed. Other issues, such as an aging population and high youth unemployment, are prompting China's leaders to lean more heavily on boosting export manufacturing to make up for weak demand at home. “The respective successes of China and the United States create opportunities for each other," Xi was quoted as saying by Xinhua.

Persons: —, Xi Jinping, Xi, ” Xi, Stephen A, Biden, Donald Trump, “, Craig Allen, China's, Antony Blinken, Janet Yellen Organizations: BEIJING, U.S, Communist Party, China's, Xinhua News Agency, Blackstone . Trade, U.S ., China Business Council, Apple, Xinhua Locations: Beijing, China, U.S, United, Washington, San Francisco, Taiwan, Hong Kong, Tibet, Xinjiang, People's Republic, United States

☆ China's new guidelines will block Intel and AMD chips in government computers: FT
▼ + stars: | 2024-03-25 | by ( Sheila Chiang | In Sheilachiang | ) www.cnbc.com time to read: +1 min

China has rolled out new guidelines that will phase out U.S. processors in government computers and servers, effectively blocking chips from Intel and AMD , the Financial Times reported on Sunday. The procurement guidelines, unveiled on Dec. 26, are now being enforced and will also impact Microsoft 's Windows operating system and foreign-made database software as they favor Chinese alternatives, the report said. Government agencies higher the township level have been ordered to purchase "safe and reliable" processors and operating systems, FT said. AMD declined to comment on the report while Intel did not immediately respond to CNBC's request for comment. This comes as China has been boosting its domestic semiconductor industry as it seeks to reduce reliance on foreign technology.

Organizations: Intel, AMD, Financial Times, Microsoft, Government, U.S Locations: China

☆ China is trying to connect Southeast Asia by high-speed rail. Here’s how that’s going
▼ + stars: | 2024-03-25 | by ( Heather Chen | ) edition.cnn.com time to read: +10 min

CNN —Imagine jumping on a train in southwestern China, traveling some 2,000 miles and arriving in Singapore – less than 30 hours later. Southeast Asia is the “obvious” choice because of its “proximity to China,” Bowerman adds. “Beijing, I think, ultimately wants to see Southeast Asian countries within its sphere of geopolitical influence. A staff member waits for passengers to board the Jakarta-Bandung high-speed train during a week-long public trial phase at the Halim station in Jakarta on September 17, 2023. “In the example of a high-speed railway line between Malaysia and Singapore, Singapore would likely have just one stop – Malaysia would have more,” Wong told CNN.

Persons: China’s, Gary Bowerman, ” Bowerman, ”, Pon Souvannaseng, Peerapon Boonyakiat, Bowerman, Pan Wenbo, Pan, Mei Wei, Wei, “ I’m, Xi Jinping’s, Souvannaseng, Hong Kong –, Hong Kong’s, Yasuyoshi Chiba, Wong Muh Rong, ” Wong Organizations: CNN, Initiative, China Railway, Reuters, East Japan Railway Co, Malaysian, Bentley University, of, Communist Party, Laos Railway, Laos Railway cumulatively, Orient Express, Getty Locations: China, Singapore, Asia, Laos, Kunming, Vientiane –, Indonesia, Jakarta, Bandung, West Java, Thailand, Bangkok, Thai, Malaysia, Kuala Lumpur, Southeast Asia, “ China, Peerapon, Cities, Penang, Malacca, Phuket Old Town, Beijing, Vietnam, Philippines, Cambodia, Wat, Siem Reap, ”, Kowloon, Hong Kong, Shanghai, Halim, AFP, “

☆ Analysis: Europe is trying to fill a US-shaped hole in funding for Ukraine
▼ + stars: | 2024-03-23 | by ( Luke Mcgee | ) edition.cnn.com time to read: +7 min

CNN —Can Europe fill the gap left by the United States in Ukraine? Over the course of the war, European thinking has evolved. Should EU money be spent outside the bloc? So, can Europe fill the funding void in Ukraine left by Washington DC? Yes, Europe can fill the gap left by the US - and in some respects is trying to do just that.

Persons: Donald Trump, Alexander De Croo, Volodymyr Zelensky, Serhii, it’s, –, Vladimir Putin, Jens Stoltenberg Organizations: CNN, European Union, Ukraine, Belgian, Radio Free, Radio Liberty, Reuters, NATO, Diplomats, EU, Ukraine’s, Washington DC Locations: United States, Ukraine, European, Europe, Russia, Kyiv, Kiel, Radio Free Europe, EU, Moscow, Brussels, Russian, Zaporizhzhia, Czech Republic, Hungary, Czech, Eastern, Western Europe, Athens, Rome

☆ The cost of key US weapons like artillery shells for Ukraine is soaring
▼ + stars: | 2024-03-16 | by ( Michael Peck | ) www.businessinsider.com time to read: +6 min

The cost to maintain a weapon is more than twice the cost to build it, a GAO official said. Related storiesThe Army estimated that O&S costs for the Excalibur — first deployed in 2007 — had soared 183% since a baseline estimate in 2011. Still, all this does raise the question of whether higher maintenance costs for US military equipment at least partially result from problems with design and manufacturing. "We don't know the specific extent of O&S cost growth due to design problems or poor sustainment management," Maurer said. "In some respects, those problems could lower O&S costs because systems cannot fly, operate, or sail as often as planned.

Persons: —, Ukraine —, Diana Maurer, Maurer, Michael Peck Organizations: US Army, Service, GAO, DOD, Department of Defense, Army, Navy, Air Force, US Navy, Raytheon, YouTube, US, EA, Hornet, Navy Multiband, Tactical Mission, Warfighter, Pentagon, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Ukraine, China, Forbes

☆ Haiti’s prime minister is resigning. Will that bring calm to the gang-ravaged country?
▼ + stars: | 2024-03-12 | by ( Caitlin Stephen Hu | Jennifer Hansler | ) edition.cnn.com time to read: +9 min

In Henry’s place, a transitional council will be established and endowed with some powers of the presidency – including the ability to name a new interim prime minister. It is unclear how long it could take to establish a transitional council to begin the transfer of power, though Haiti’s former PM Claude Joseph told CNN that it could be created within 24 hours. The big question is whether these changes can bring calm to Haiti, and put a stop to the terrible violence tearing apart Haiti’s capital Port-au-Prince. Talks with regional leaders continued, leading into the emergency CARICOM meeting on Monday. The United States will contribute $300 million to the Kenyan-led multinational security mission, Blinken said after attending the CARICOM meeting on Monday.

Persons: CNN —, Ariel Henry, Henry, Claude Joseph, Jimmy “, Henry’s, Cherizier, Odelyn Joseph, Romaine LeCoeur, Fanmi, Petit, Jimmy Cherizier, Viv Ansanm, “ ’ Viv Ansanm ’, ” Cherizier, Guy Philippe, Philippe, ”, “ we’re, State Anthony Blinken, William Ruto, “, ” Blinken, Mia Mottley, Will Ariel Henry, Blinken Organizations: CNN, CNN — Haiti’s, Caribbean, US State Department, AP, United Nations, Initiative, Transnational, CARICOM, Montana Group, Petit Dessalinnes, United Nations Security, Kenyan, senior State Department, State, State Department Locations: Caribbean, Puerto Rico, Haiti, Kenya, Port, Prince, Swiss, EDE, CARICOM, “, Barbados, United States

So we have to talk about the drama that has been playing out in the past week between OpenAI and Elon Musk. According to OpenAI, Elon Musk wanted majority, equity, initial board control, and to be CEO of this new for-profit subsidiary. It’s basically —casey newtonIt’s like, I’m going to find a way to follow your rule, but in the worst way possible. Like, working was one I thought that, oh, I’m going to work in this all the time. kevin roose[LAUGHS]: Well, I thought, like, I’m going to take some spatial videos.

Persons: casey newton Casey, kevin roose, casey newton, Kevin, casey newton What’s, Kevin Roose, Casey Newton, OpenAI, Will, Joanna Stern, Casey, it’s, kevin roose I’m, Elon Musk, It’s, casey newton Let’s, Elon, he’s, I’ve, casey newton What’d, there’s, you’ve, we’re, GPT, Sam Altman’s, that’s, AGI, Annie “, Sam Altman, who’s, isn’t, “, we’ve, ” casey newton Go, He’s, Ilya Sutskever, Greg Brockman, Ilya, casey newton Yes, Tesla, casey newton Well, they’ll, casey newton Oh, kevin roose It’s, don’t, kevin roose Will, casey newton Right, casey newton Mhm, kevin roose They’re, Microsoft’s Bing, Microsoft Bing, Bing, Apple, Europe — casey newton, Charles Duhigg, John Gruber, they’ve, casey newton It’d, — casey newton, they’re, They’ve, you’ll, Apple’s, casey newton It’s, I’ll, casey newton Sure, GDPR, you’re, kevin roose Really, let’s, kevin roose Casey, kevin roose —, Jonah Stern, casey newton Wow, Joanna, Let’s, kevin roose Joanna Stern, joanna, casey newton Hi, kevin roose Long, joanna stern, —, kevin roose We’re, Kara Swisher, kevin roose Don’t, I’m, casey newton Don’t, casey newton That’s, Neil Patel, Um, kevin roose That’s, kevin roose Sure, casey newton Great, KEVIN, IV, wearables, Fitbits, kevin roose Oh, hadn’t, casey newton —, casey newton I’ve, Joe Rogan Organizations: The New York Times, Elon, Apple’s, OpenAI, Microsoft, Google, Google’s, Facebook, Tesla, Big, European Union, Digital Services, Giants, Apple, Digital Markets, EU, Bloomberg, Digital, Spotify, General, Apple Vision Pro, Street, Apple Vision, Vision, New York Times, “, Housewives, Club, Ray, Tesla Chargers, Vision Pro, Apple Watch, Sony Locations: Los Angeles, Europe, what’s, Elon, OpenAI, Japan, South Korea, Turkey, United Kingdom, United States, Reddit, American, America, California, Florida, United, Mars, The

☆ Automation helps insulate Rohlik from a bruising 2023 for the grocery delivery sector
▼ + stars: | 2024-03-07 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +6 min

Read previewInvestors couldn't get enough of grocery delivery startups during the pandemic. Rohlik is on a pathway to profitability and has broken even in several key cities, CEO Tomas Cupr told Business Insider. Advertisement"The online grocery industry didn't have the best year in 2023, but we're still growing, which is super positive," Cupr told BI. At least 19 grocery delivery startups were operating across Europe at the height of the market. "The grocery delivery market remains a challenging area in Europe.

Persons: —, Tomas Cupr, Cupr, we've, Turkey's, Germany's, Nalin Patel, Jan Hammer Organizations: Service, Venture, Business, Ventures Locations: Europe, Prague, Czechia, Hungary, Munich, London, Paris, Budapest, Vienna, Istanbul, New York

☆ Why a warehouse giant is planning a $25 billion push into data centers
▼ + stars: | 2024-03-06 | by ( Daniel Geiger | ) www.businessinsider.com time to read: +10 min

He will fill the newly created role of global head of data centers at the firm. Prologis's push exemplifies the growing interest among investors in data center deals, including players who have not traditionally been involved in the highly specialized industry. Warehouses have squat footprints similar to data centers and are often located in industrial areas that have proximity to the heavy electrical lines and equipment necessary to deliver voluminous power that data centers require. Warehouse growth slows as data centers accelerateDemand for data centers has steadily grown over the past decade, driven by the widespread use of cloud computing and storage across corporate America. Blackstone, for instance, has said it plans to develop as much as $50 billion of data centers in the coming years.

Persons: Chris Curtis, Curtis, Michael Hochanadel, Hochanadel, Harrison, They're, Joseph Ghazal, Ghazal, Hamid Moghadam, JLL, Morgan Stanley, Blackstone, Vince Tibone, Tibone, Prologis's, Ron Kamdem, Moghadam, Carl Beardsley, Beardsley, Chris Crosby, Prince William County, Prologis Organizations: Business, Harrison, Green, Amazon, Google, Microsoft, Brookfield, Blackstone, Compass Locations: San Francisco, Dallas, America, Brookfield, Canadian, Prince William, Virginia

☆ China calls on foreign businesses to share their problems as investment slumps
▼ + stars: | 2024-03-01 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +4 min

While the Commerce Ministry meeting did not reveal much new progress on the 24 measures to support foreign business that were announced last summer, attendees said they were able to share specific challenges about doing business in China. The ministry said representatives from more than 60 foreign businesses and 9 associations attended Wednesday's roundtable. Foreign direct investment into China has fallen to its lowest level in three years, according to official data, amid geopolitical tensions and slowing growth in the country. Hart said that it's hard for companies not yet in China to complete due diligence and approve new investments. Biden, who faces re-election this fall, has emphasized the need to compete with China while finding areas of cooperation.

Persons: Aly Song, MofCom, Jens Eskelund, Eskelund, Michael Hart, Hart, Joe Biden, Xi Jinping, Biden Organizations: Chinese Communist Party, Reuters, Reuters BEIJING — China's Ministry of Commerce, Commerce Ministry, EU Chamber of Commerce, Cyberspace Administration of, China's Ministry of Commerce, American Chamber of Commerce, U.S, U.S . Transportation Department Locations: China, U.S, Yiwu, Zhejiang province, Reuters BEIJING, Beijing, Cyberspace Administration of China, San Francisco

☆ Two years after Apple quit Russia over Ukraine, Vision Pros are for sale in Moscow
▼ + stars: | 2024-02-21 | by ( Eamon Javers | ) www.cnbc.com time to read: +8 min

On the ground in Moscow, Apple products including MacBooks, iPhones and iPads are available in stores, although prices may be higher than they were pre-invasion. Asked about Vision Pro sales in Russia, an Apple spokesperson told CNBC: "As you are aware, Apple Vision Pro is only available at Apple Retail stores in the US." Still, at a retail outlet "re:Store," (pronounced Ree-store) a former official Apple reseller offers Apple products for sale at shops in Moscow. The chain's website features a large photo of a user strapped into an Apple Vision Pro, and the iconic bitten Apple logo with text reading, "Vision Pro: The era of spatial computers has come. Apple Vision Pro is already on sale."

Persons: Kremlin . WASHINGTON —, Tim Cook, Romance768, Sergey Romantsev, Romantsev, Alexei Navalny, We're, CNBC's Steve Kovach Organizations: Apple, CNBC, Vision Pro, Apple Vision, Apple Retail, Vision, Kremlin, Russia, Pro, Meta, Russian Ministry of Industry, Trade, Sputnik, White Locations: Los Angeles , California, U.S, Moscow, London, Ukraine, Russia, United States, Kremlin . WASHINGTON, St . Petersburg, New York, Russian, Patriarshiye, York, Istanbul, American, Washington

☆ Russia's war in Ukraine is igniting an old debate in Brussels over debt
▼ + stars: | 2024-02-19 | by ( Silvia Amaro | ) www.cnbc.com time to read: +3 min

Munich, GERMANY — Should we borrow from global markets as one combined entity and raise new debt together? That's the question hanging on the shoulders of EU officials as they promise to spend more on defense amid Russia's onslaught in Ukraine. However, in 2020, the 27 members of the European Union decided that the best way to deal with the financial and extraordinary impact of the Covid-19 pandemic was to jointly raise debt. Estonian Prime Minister Kaja Kallas said in an interview with Bloomberg that joint bonds would be a good way to boost the bloc's defense capacities. Dutch Prime Minister Mark Rutte was also very clear he would not support joint debt at the EU level.

Persons: Emmanuel Macron, Volodymyr Zelenskyy, Olaf Scholz, GERMANY —, Alexander de Croo, Kaja Kallas, Christian Lindner, Lindner, Mark Rutte Organizations: European Union, CNBC, Munich Security Conference, Estonian, Bloomberg, Munich Security, Dutch, EU, MSC Locations: Paris, France, Munich, GERMANY, Ukraine, Belgium, Brussels, Russia

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