DIRS.INFO The most relevant business & tech news

☆ Match shares surge on report activist investor Elliott takes $1 billion stake
▼ + stars: | 2024-01-09 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +2 min

Shares of Tinder owner Match jumped as much as 12% during Tuesday morning trading after The Wall Street Journal reported that Elliott Management, the activist investing firm behind campaigns at Salesforce and Pinterest , had built a roughly $1 billion stake in the online dating company. The company had a market cap of $10 billion at the close Monday, but that pales in comparison to its more than $45 billion market cap in 2021. Elliott is expected to engage with Match management, the Journal reported citing people familiar with the matter, but it was not clear if that engagement would include nominating its own directors. But the company reported a continued tumble in so-called Tinder payers in November when it reported third-quarter earnings. A spokesperson for Elliott Management was not immediately available for comment.

Persons: Gary Swidler, Greg Blatt, Sam Yagan, Nelson Griggs, Elliott, Jesse Cohn Organizations: Match, Match Group, Nasdaq, Street Journal, Elliott Management, JPMorgan, Phillips, CNBC, Citrix, eBay, Twitter Locations: New York City, Salesforce

☆ Nvidia's stock tripled last year on AI excitement. What to expect as the next stage unfolds
▼ + stars: | 2024-01-08 | by ( Samantha Subin | ) www.cnbc.com time to read: +5 min

The company's stunning progress garnered the love of Wall Street, with analysts upping their price targets on the stock to account for future growth and naming it among their top AI picks. Nvidia's 'iPhone moment' Few could have predicted the frenzy ChatGPT would create when it debuted in late 2022, but no company could have been better prepared for the excitement than Nvidia. What to expect in 2024 Many on Wall Street don't foresee Nvidia hype dying down in the new year. In fact, many investors expect shares to keep rising as long as the company can smash expectations and guide higher. That's a feat many on Wall Street expect the company to accomplish, with the consensus price target implying another 35% upside for shares, according to FactSet.

Persons: Paul Meeks, Karl Freund, Freund, They've, Kim Forrest, Meeks, there'll, Ken Mahoney, Forrest, they've Organizations: Nvidia, Devices, Research, Bokeh Capital Partners, Intel Locations: Nvidia's

☆ 'Black Twitter' asks 'What if Sam Altman were a Black woman?' in the wake of ouster
▼ + stars: | 2023-11-23 | by ( Monica Melton | Aaron Mok | ) www.businessinsider.com time to read: +7 min

Sam Altman's high-profile firing has drawn comparisons to Timnit Gebru's exit from Google. Some tech observers and "Black Twitter" asked: "What if Sam Altman were a Black woman?" Sam Altman's shocking ouster— and reinstatement — to OpenAI drew comparisons to Steve Jobs's exit and eventual return to Apple . But a less obvious comparison has been drawn that asks the question: "What if Sam Altman was a Black Woman?" Advertisement"What If Sam Altman Were A Black Woman?

Persons: Sam Altman's, Sam Altman, —, OpenAI, Steve Jobs's, Timnit, Altman, wasn't, Gebru's, Googlers, Jeff Dean, WVBvXJZwh0 — Daniel, @growing_daniel, Eric Schmidt —, Kimberly Bryant, Bryant, TechCrunch's Dominic, Madori Davis, Greg Brockman, z5Dc1BbhbQ — Taylor Poindexter, @engineering_bae, aren't, Émile Torres, Black, Gebru, Torres Organizations: Google, Service, Apple, Microsoft, Tech, Black Locations: America, OpenAI

☆ Andrew Tate said he'd give $1M a month to Elon Musk after major companies suspended their ad campaigns on X. It's not nearly enough to help him.
▼ + stars: | 2023-11-20 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +3 min

Several large companies have pulled ads on X after Elon Musk reposted an antisemitic remark. AdvertisementAndrew Tate has stepped in to pledge funds to Elon Musk's X after antisemitism row caused several major companies to pull ads from the platform. Since returning to X, Tate seems to be earning a significant amount under Elon Musk's content-creator plan, claiming he received $20,000 during one payout. Several right-wing figures stepped in to express support for Musk, including Seth Dillon, the CEO of satirical site Babylon Bee, and commentator Tim Pool. "I will advertise X on X," he wrote on X.

Persons: Elon Musk, influencers, Andrew Tate, Tate, —, Elon Musk's, Musk, Jack Dorsey, Seth Dillon, Tim Pool, Tate —, Tristan Organizations: Service, Elon, Elon Musk's, Disney, Apple, IBM, Bloomberg, Sun Locations: Romania

With a power vacuum and years of civil conflict following the 2003 U.S.-led invasion of Iraq, militias grew and multiplied in Iraq, some supported by Iran. While he came to power with the Iranian-backed groups' support, he also wants continued good relations with the U.S. and has backed the ongoing presence of American troops in his country. U.S. Secretary of State Antony Blinken, in a meeting with al-Sudani this month, warned of consequences if Iranian-backed militias continued to attack U.S. facilities in Iraq and Syria. An official with one of the Iranian-backed militias said al-Sudani put “great pressure” on the militias not to carry out attacks during Blinken's visit. But the U.S. military response to the attacks on its forces has been minimal.

Persons: Biden, Israel, Asad, Haq, Badr, Bashar Assad, Mohammed Shia, Antony Blinken, Sudani, Ayatollah Ali Khamenei, —, Qassim Soleimani, Abu Mahdi al, Muhandis, Qassim Abdul Organizations: WASHINGTON, U.S, Islamic, Hamas, Pentagon, Islamic Jihad, WHO, State, Popular Mobilization Forces, Hezbollah, Iran’s, Islamic Revolutionary Guard Corps, Iranian Revolutionary Guard, Officials, Quds Force, Military, Associated Press Locations: Iraq, Syria, Islamic State, skyrocket, U.S, The U.S, Baghdad, Israel, Gaza, Iran, Lebanon, Yemen, Al, Tehran, Boukamal, Maysulun, Deir el, Bulbul, Mayadin ., IRAQ, Zahra

☆ Biden’s economic scorecard touts fragile advantage
▼ + stars: | 2023-11-09 | by ( Ben Winck | ) www.reuters.com time to read: +11 min

And if the political strategist James Carville was right that “it’s the economy, stupid,” the next several months could make or break Joe Biden’s economic record. As things stand, the current ruler of the free world touts a fragile advantage. Households’ disposable income after adjusting for inflation hit a record $20 trillion in the month that Biden’s measure was approved, according to the Bureau of Economic Analysis. STUDENT LOANSForgiving swaths of student debt was another of Biden’s campaign promises, but his efforts have so far failed. And with higher interest rates making debt service more expensive, Biden’s spending could come back to bite him on election day.

Persons: Joe Biden, Ken Cedeno, James Carville, Joe Biden’s, “, aren’t, Breakingviews, it’s, Biden, Donald Trump, Mitch McConnell, ”, Realtor.com, Congressional Republicans haven’t, haven’t, WALL, Lauren Silva Laughlin, Sharon Lam, Aditya Sriwatsav Organizations: Edmond's Catholic, REUTERS, Rights, Reuters, House, Republican, AMERICAN, ACT, Brookings Institution, Analysis, Walmart, Nordstrom, Deere, Caterpillar, Republicans, Commerce Department, Micron, Bank of America, Gallup, Federal Reserve, United Auto Workers, RSM, Congressional Republicans, Biden, Reuters Graphics Reuters, Conservative, Thomson Locations: St, Rehoboth Beach , Delaware, U.S, New York, Arizona, West Virginia

☆ Opinion | The War Between Israel and Hamas Is Splintering the Democratic Coalition
▼ + stars: | 2023-11-08 | by ( Thomas B. Edsall | ) www.nytimes.com time to read: +17 min

These young voters faulted Israel’s response to the attacks, 52-32 percent. This wartime shift represents a fundamental break within a liberal coalition that has long powered the Democratic Party. Clearly, the most left-leaning young adults have the lowest rating of Israel. The Arab American Institute commissioned John Zogby Strategies to conduct a survey of 500 Arab Americans between Oct. 23 and Oct. 27. In this poll, 32 percent of Arab Americans identified as Republican as opposed to just 23 percent who identified as Democrats.

Persons: Biden’s, Biden, Donald Trump, Gallup, Jennifer Medina, Lisa Lerer, Benjamin Netanyahu, Bruce Cain, nonwhite, Cain, Siena, Hillary, ”, Norman Ornstein, ” Ornstein, Ornstein, Liz Skalka, Daniel Marans, Akbar Shahid Ahmed, “, Robbie Gramer, ” Gramer, ’ Gramer, ” Amy Mackinnon, Gramer, Antony Blinken, ” Yossi Hasson, Maya Tamir, Kea, Brahms, J, Christopher Cohrs, Eran Halperin, Niloufar Zebarjadi, Eliyahu Adler, Annika Kluge, Mikko Sams, Jonathan Levy, Zebarjadi, Jeremy Konyndyk, Harris, ” Laura Royden, Eitan Hersh, ” “, Hersh, Israel favorability, Young, John Zogby, Zogby, Farah Pandith, Pandith, —, Trump, Julie Wronski, Wronski, Stephen Ansolabehere Organizations: Quinnipiac University Poll, Biden, Democratic, West Bank, Democratic Party, Stanford, American Enterprise Institute, Democratic National Committee, State Department, U.S, USAID, United States Agency for International Development, Foreign, Liberals, Aalto University, USAID’s, U.S . Foreign, Politico, U.S ., Harvard, “, Israel, Young American Left, Tufts, Republicans, U.S.A, ”, Arab American Institute, American, Council, Foreign Relations, University of Mississippi Locations: Israel, Gaza, Medina, United States, Washington, Palestinian, ”, Finland, Russia, Ukraine, U.S, Palestine, Michigan, America

☆ Starbucks pays little mind to unions’ pay push
▼ + stars: | 2023-11-06 | by ( ) www.reuters.com time to read: +2 min

People gather outside a Starbucks location while singer Billy Bragg performs for striking Starbucks Workers United Union members in Buffalo, New York, U.S., October 12, 2022. Under Starbucks’ new wage plan announced Monday morning, only baristas with more than five years of experience will win 5% raises. All other employees will come in below the 4.1% jump in average hourly pay over the last 12 months, according to the Bureau of Labor Statistics. Part-time workers at United Parcel Service (UPS.N) won a 48% average pay hike over five years, akin to a 10% annual increase. While U.S. baristas continue to organize, contracts approved at two Canadian Starbucks stores suggests employees’ bargaining power is fizzling.

Persons: Billy Bragg, Lindsay DeDario, Ben Winck, Aston Martin, Lauren Silva Laughlin, Aditya Sriwatsav Organizations: Starbucks Workers United Union, REUTERS, Rights, Reuters, Starbucks, Bureau of Labor Statistics, United Auto Workers, General Motors, United Parcel Service, X, Paramount, Macquarie, Pfizer, Thomson Locations: Buffalo , New York, U.S

☆ Climate tech is like catnip to investors. Here's why the $13 billion sector is outperforming other industries.
▼ + stars: | 2023-11-02 | by ( Tasmin Lockwood | ) www.businessinsider.com time to read: +7 min

Europe's startup ecosystem has been battered this year but climate tech founders have managed to avoid the brunt of the immense downturn so far. PwC's global analysis of the sector also points to climate tech outperforming the norm, accounting for a tenth of private market investments in 2023. Venture capital investment into European startups more broadly is primed to slump by around 46% to 58.1 billion euros in 2023. These obligations have helped make climate tech startups "catnip to investors," Sustainable Ventures' Stuart Ferguson said. Last year, European companies like electric vehicle manufacturer Polestar and batter-maker Northvolt raised 1.6 billion euros and 1 billion euros respectively.

Persons: They've, Stuart Ferguson, Fabian Heilemann, Heilemann, Biden's, Warner, Namratha, Mark Bula, Northvolt, Lisa Barclay, Ferguson, Aenu's Organizations: Steel, Venture, Sustainable Ventures, Warner, Ada Ventures, Elyos Energy, Green Steel, Nesta, Investments Locations: Swedish, British, Norwegian, London, Norway

☆ Here’s how Taylor Swift, consumer spending and this puzzling labor market fit together
▼ + stars: | 2023-10-31 | by ( Karen Firestone | ) www.cnbc.com time to read: +5 min

On several occasions, I would walk into Macy's and buy a tube of lipstick, which was something I found comforting. Considering that every lipstick I own, which is not a small number, is basically the same color, I also found that strange. For instance, rather than purchasing a new $400 dress, they might choose to buy a $35 tube of Lancôme lipstick. Let's look at the top-grossing concert tours in the U.S. this year. Taylor Swift, Beyoncé, and Ed Sheeran have collectively sold $1.48 billion in ticket sales through August 2023, or $2.22 billion on an annualized basis, according to estimates from Forbes .

Persons: Taylor Swift, Ed Sheeran, Elton John, Jessica Reif Ehrlich, Karen Firestone Organizations: Forbes, Bank of America, U.S . Census, National Association of Realtors, Asset Management Locations: Boston, U.S, Pollster

House Republicans narrowly voted to nominate Rep. Tom Emmer for speaker on Tuesday after a series of votes where he edged out the latest slate of candidates eyeing the gavel. 2 House Republican, spelling uncertainty for Emmer’s prospects in a floor vote. As a member of leadership, Emmer had an edge over his opponents in his staff operation. But like those who came before him in the speaker standoff, Emmer is not without his opposition. Emmer voted to certify the 2020 election, he reportedly encouraged House Republicans to distance themselves from Trump in the midterm elections and, like other members of House leadership, he hasn’t endorsed Trump’s 2024 bid.

Persons: Tom Emmer, –, Kevin McCarthy, Steve Scalise, Emmer, Mike Johnson of, McCarthy, he’s, speakership, Donald Trump, hasn’t, Trump’s, Trump, he’s “, Jim Jordan, Scalise, he’ll Organizations: Republicans, Republican, Minnesota Republican, National Republican Congressional, Trump Locations: Mike Johnson of Louisiana, Jordan

☆ Ride the weight loss drug wave with this gym stock set to nearly double, says Evercore ISI
▼ + stars: | 2023-10-17 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +2 min

Planet Fitness shares could soar as new weight loss drugs become popular and users flock to the gym, according to Evercore ISI. Shares of Planet Fitness have dropped about 30% in 2023, plunging 16% in a single day last month when the company announced the surprise ousting of CEO Chris Rondeau . Although GLP-1 drugs aid weight loss by suppressing appetite, it's still essential for patients to adopt healthy habits for long-term success. This is a positive development for Planet Fitness, resulting in a rush of new gym memberships, Cheng said. He estimated that one million new members would amount to roughly 15% upside in earnings per share for Planet Fitness by 2025.

Persons: Warren Cheng, Evercore, Chris Rondeau, Cheng, Citi's Peter Verdult, —, Christina Cheddar, Berk, Michael Bloom Organizations: Fitness, ISI, GLP, Planet Fitness, Planet

Learn moreSamsung's Galaxy Watch line of wearables has long been Android's answer to the Apple Watch, offering as close to a comparable experience as there is. With the recent release of the Samsung Galaxy Watch 6 and Watch 6 Classic, that distinction is true for yet another year. It does have the largest screen of any Galaxy Watch, measuring 3mm larger than the Watch 5 Pro. If it's accurate activity tracking you're after in a Galaxy Watch, the Watch 5 Pro is a far better option with more reliable GPS. AdvertisementAdvertisementThe best experience requires the use of a Samsung phoneCompatibility has long been a weakness of the Samsung Galaxy Watch, and the Watch 6 Classic is no different.

Persons: Rick Stella, It's, durably Organizations: Galaxy, Apple Watch, Samsung Galaxy Watch, Galaxy Watch, Samsung, Navigation, Samsung Galaxy, Samsung Health Monitor

☆ Opinion: The strange story of how I became a character in a North Korean novel
▼ + stars: | 2023-10-05 | by ( Opinion Mike Chinoy | ) edition.cnn.com time to read: +13 min

She is preparing to make a reporting trip to North Korea in 2009 and is wrestling with conflicting emotions. In fact, this character named “Michael Chinoy” is me — making me one of a very small number of real-life Americans who appear with a speaking part in any North Korean novels. I also met the late North Korean leader Kim Il Sung, grandfather of current dictator Kim Jong Un, three times. Former CNN International Editor Eason Jordan stands behind North Korean leader Kim Il Sung and US President Jimmy Carter in Pyongyang in 1994. Although published more than a quarter century ago, “Eternal Life” only became available on North Korea websites in the past decade.

Persons: Mike Chinoy, Kim Ryong Yon, Byun Sa, hwang, Mike Chinoy Mike Chinoy, “ Michael Chinoy ”, Meredith Shaw, Shaw, “, “ Michael Chinoy, “ Michael, Kim Il Sung, Kim Jong Un, Kim Jong Il, Mitch Farkas, Billy Graham, Ruth, Graham, Eason Jordan, Sun Myung, Moon, Kim Il, Kim, ”, Eason, Jimmy Carter, Jordan, Jimmy Carter’s, Carter, Clinton, Song Sang Won, Baek Bo Heum, Ah, “ I’ve, “ Mr, ” Jordan, “ Thunderclap, Paek Bo Hum, Sang, Will Ripley, Byun, hyang, Michael Chinoy, — it’s Organizations: University of Southern, China Institute, CNN, American Journalists, North Korean Writers ’ Union, Korean American CNN, University of Tokyo Institute of Social Science, DPRK, North, Leader, CNN International, Unification, North Koreans, Former CNN International Locations: University of Southern California’s US, Beijing, Asia, China, People’s Republic, Korean American, North Korea, Korea, American, North, Korean, “, insignificance, Russia, Pyongyang, North Koreans, Let’s, gaslighting

☆ Rapinoe retires from soccer with no regrets on activism
▼ + stars: | 2023-09-23 | by ( ) www.reuters.com time to read: +2 min

"The off-field stuff is what is most meaningful (to me) and I think what I'm most proud of leaving this team and leaving the game," she said. "I'm very excited to continue to be a part of the growth of women's sport, not just football. I want to use my platform and my leverage, but now I'll have more time to do that." Rapinoe will play her final NWSL regular season game with the OL Reign on Oct. 6 against the Washington Spirit in Seattle. Reporting by Angelica Medina in Mexico City; Editing by Josie KaoOur Standards: The Thomson Reuters Trust Principles.

Persons: Megan Rapinoe, Asanka Brendon Ratnayake, Colin Kaepernick, Donald Trump, we've, Naomi Girma, Trinity Rodman, Sophia Smith, Angelica Medina, Josie Kao Organizations: Soccer Football, FIFA, REUTERS, NFL, U.S ., Washington Spirit, Thomson Locations: New Zealand, Sweden, United States, Melbourne, Australia, South Africa, Seattle, Mexico City

☆ 'Insanity upside potential': A hedge fund manager up 734% since the start of 2019 highlights the best investing opportunity he's ever seen — and explains why the remarkable oil rally will gain steam
▼ + stars: | 2023-09-19 | by ( James Faris | ) www.businessinsider.com time to read: +5 min

Renewed optimism about the economy calmed demand concerns while expectations of the largest oil production cuts since 2007 started to sap supply. Saudi Arabia and its OPEC allies refuse to boost oil production, much to the chagrin of the US. And so that's why I think it's just really, really interesting. Boosting uranium production takes years, he added, so it may take years to fix the shortage. Oil-adjacent stocks are the second-largest part of the Praetorian Capital Fund, Kupperman said.

Persons: Harris Kupperman, Kupperman, it's, I've Organizations: Energy, OPEC, Praetorian Capital Management, Capital Fund, Uranium Trust Fund, Praetorian Capital Fund, drillers, Offshore Locations: Saudi Arabia, Kazakhstan, Uzbekistan, Russia, Ukraine

A person carries a flag with the patch from the United Auto Workers (UAW) labor union during a May Day rally for media workers held by The NewsGuild of New York on International Workers' Day in Manhattan, New York City, New York, U.S., May 1, 2021. REUTERS/Andrew Kelly/File Photo Acquire Licensing RightsDETROIT, Sept 15 (Reuters) - The United Auto Workers union launched simultaneous strikes at three Detroit Three factories early on Friday, kicking off the most ambitious U.S. industrial labor action in decades. Fain's decision to go with targeted walkouts could limit the cost to the union of strike pay. UAW President Fain has taken an unorthodox approach to the negotiations, bargaining with all three Detroit automakers simultaneously. But the Detroit automakers build some of the U.S. market's best-selling vehicles, such as the Ford F-150 and Chevrolet Silverado pickup trucks and Jeep SUVs.

Persons: Andrew Kelly, Shawn Fain, Fain, Stellantis, Sam Fiorani, Ford, Gerald Johnson, Jim Farley, Joe Biden, Biden, Biden's, Dan Ives, market's, Joseph White, David Shepardson, Peter Henderson, Mehr Bedi, Jamie Freed Organizations: United Auto Workers, UAW, International Workers, REUTERS, Rights, Detroit, Ford Bronco, Chevrolet, General Motors, Ford, Chrysler, Cox Automotive, Forecast Solutions, Bronco, Tesla, GM, Toyota, Honda, Mercedes, Chevrolet Silverado, Deutsche Bank, Thomson Locations: New York, Manhattan , New York City , New York, U.S, Chevrolet Colorado, Wayne , Michigan, Wentzville , Missouri, Toledo , Ohio, Toledo, Detroit Three's U.S, United States, Detroit, Washington, San Francisco, Bengaluru

☆ H&M looks out of sync with shoppers’ reality
▼ + stars: | 2023-09-15 | by ( ) www.reuters.com time to read: +2 min

The H&M clothing store is seen in Times Square in Manhattan, New York, U.S., November 15, 2019. REUTERS/Mike Segar Acquire Licensing RightsMILAN, Sept 15 (Reuters Breakingviews) - H&M (HMb.ST) CEO Helena Helmersson is feeling the heat. H&M has probably been operating under the illusion that it could maintain pricing power while consumers are being hit by inflation. Its $120 billion rival Inditex (ITX.MC), whose Zara brand is considered more upmarket than H&M, has started to pause price increases. Right now, H&M trades on the same 20 times forward earnings multiple than Inditex.

Persons: Mike Segar, Helena Helmersson, “, That’s, Shein, Inditex's, Lisa Jucca, George Hay, Streisand Neto Organizations: REUTERS, Reuters, RBC, X, Thomson Locations: Manhattan , New York, U.S, Swedish

☆ North Korea has a powerful arsenal of weapons and ammo that Russia desperately wants as it eats through its own stockpile battling Ukraine
▼ + stars: | 2023-09-11 | by ( Chris Panella | ) www.businessinsider.com time to read: +6 min

US officials believe the two will discuss North Korea giving weapons to Russia for its war in Ukraine. North Korea boast a fearsome artillery and ammo arsenal that would boost Russia's dwindling supply. With a clear need for firepower and a dwindling group of allies to get it from, Russia is turning to North Korea. But most experts assess that there would be a severe response from Seoul and Washington if North Korea followed through on its threats. North Korea leader Kim Jong Un observes artillery fire competition in North Korea.

Persons: Kim Jong, Putin, it's, Kim Jong Un, Vladimir Putin, It's Kim's, Rand, It's, Sergei Shoigu, Kim, Shoigu, John Kirby Organizations: Service, Democratic People's, BBC, Korean People's Army, REUTERS, Rand Corp, International Institute for Stratetic Studies, ROK, DPRK, Russian Defense, North, National Security Locations: Russia, Korea, Ukraine, North Korea, Wall, Silicon, Moscow, Democratic People's Republic of Korea, North, Korean, Seoul, South Korea, Republic of Korea, United States, counterfire, Washington, Pyongyang

The United States imported nearly $127.5 billion in goods from Vietnam in 2022, compared with $101.9 billion in 2021 and $79.6 billion in 2020, according to US government data. The United States needs a trusted partner for its supply of chips, and Vietnam can do just that, Osius said. But that compares favorably with a global growth forecast of 3%, and is noticeably faster many of the world’s major economies, such as the United States, China and the eurozone. Politically, Vietnam shares many similarities to China in that it is an authoritarian one-party state that tolerates little dissent. Vietnam is an obvious choice, because it’s a cheap alternative to manufacturing in China, said García-Herrero.

Persons: Joe Biden, ”, Donald Trump’s, Nguyen Phu Trong, Biden, Antony Blinken, Evan Vucci, ” Ted Osius, Janet Yellen, Michael Every, Alicia García, Osius, chipmaker, Ho, “ We’re, Natixis, ” Osius, “, — CNN’s Kyle Feldscher, Jeremy Diamond, Kevin Liptak Organizations: Hong Kong CNN, America, Apple, Intel, House, Communist Party of, ASEAN Business Council, CNN, United, Atlantic Council, Rabobank, White House, United State, Monetary Fund, “, Netflix, Boeing Locations: Hong Kong, Vietnam, Washington, Hanoi, China, Asia, India, Communist Party of Vietnam, United States, Hanoi Nguyen Huy Kham, United, Beijing, The California, Ho Chi Minh City, Asia underwhelms

☆ At Venice Film Festival, Trapped Women and Controlling Men
▼ + stars: | 2023-09-07 | by ( Jessica Kiang | ) www.nytimes.com time to read: +1 min

The press room at the Venice Film Festival has to be the most beautiful film festival press room in the world. On a clear day — which it almost always is — you imagine that, were it not for the curvature of the earth, you could see forever. Or at least to Croatia. Some of these men were towering real-life figures. In both these cases — and arguably to the detriment of both well-made but strangely evanescent films — the portrayal of genius pales in comparison to the portrait of a woman who supported and nurtured that genius, even when it threatened to engulf her.

Persons: hunched, Eugenio Miozzi, Penélope Cruz, Michael Mann’s “ Ferrari ”, Adam Driver, Carey Mulligan, Leonard Bernstein’s, Felicia, “ Maestro, ”, Bradley Cooper Locations: Venice, Croatia

☆ Right-wing activist James O'Keefe spent donor money on DJ equipment and hoped to play Coachella, former staffers say
▼ + stars: | 2023-09-06 | by ( Charles R. Davis | ) www.businessinsider.com time to read: +3 min

Project Veritas founder James O'Keefe used donor money on DJ equipment, two former staffers said. He spent $2,500 on the items and hoped to play Coachella, the staffers told the Washington Post. The spending was detailed in a Project Veritas audit done after O'Keefe was ousted from the group. The Project Veritas audit the newspaper obtained purports that the group's former leader spent $208,000 in three years on "black-car travel". Project Veritas, which did not publish the diary, has denied any wrongdoing.

Persons: James O'Keefe, O'Keefe, O'Keefe —, —, couldn't, O'Keefe's, Joe Biden's, Ashley, cdavis@insider.com Organizations: Veritas, Washington Post, Service, Project Veritas Locations: Wall, Silicon, California, Florida

Utah state officials didn't immediately return a request for comment Wednesday. Spencer Cox earlier this year created a position and chose the first-ever commissioner of the Great Salt Lake in an effort to find solutions. The risks of a diminished Great Salt Lake aren't merely beached sailboats and wider beaches. It threatens species extinction and toxic dust clouds ballooning over nearby communities, the lawsuit says. Already, a pelican colony on a Great Salt Lake island has floundered after their island became a peninsula, letting in coyotes, Seed said.

Persons: ”, Brian Moench, didn't, Spencer Cox, Moench, “, Stu Gillespie, Gillespie, ____ Jesse Bedayn Organizations: Utah's Republican, Utah Rivers Council, Utah Physicians, Environment, Republican Gov, Sierra Club, Center for Biological Diversity, Associated Press, America Statehouse News Initiative, America Locations: Utah, Mississippi, Environment . Utah, Salt, Earthjustice, Chile, Alaska, North America

☆ Trump’s Truth Social merger partner granted key extension to avoid liquidation
▼ + stars: | 2023-09-06 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +2 min

New York CNN —Digital World Acquisition Corp., the blank-check firm seeking to merge with former President Donald Trump’s media company, will get another extension to complete its troubled deal. Shareholders voted to grant DWAC (DWAC) another year to pull off its merger with Trump Media & Technology Group, which owns Truth Social, according to an SEC document posted Wednesday. Had shareholders voted against the extension, DWAC would have liquidated, and the social media platform would have to find another financial backer by September 8, 2023. It’s the second time DWAC asked for an extension for closing the deal, the first being in September 2022. In June, federal prosecutors arrested three investors on insider trading charges related to Digital World’s deal with Trump’s media company.

Persons: Donald Trump’s, DWAC, Devin Nunes Organizations: New, New York CNN, Trump Media & Technology Group, SEC, TMTG Locations: New York

☆ The Great Salt Lake has lost half its water, and a new lawsuit says it's Utah state lawmakers' fault
▼ + stars: | 2023-09-06 | by ( Jesse Bedayn | Associated Press | ) www.businessinsider.com time to read: +6 min

The Great Salt Lake has shrunk in half since 1847 due to freshwater demand and climate change. Spencer Cox earlier this year created a position and chose the first-ever commissioner of the Great Salt Lake in an effort to find solutions. AP Photo/Rick BowmerThe risks of a diminished Great Salt Lake aren't merely beached sailboats and wider beaches. AdvertisementAdvertisementAs the lake shrinks, it becomes saltierThe sun sets on the Great Salt Lake on June 15, 2023, near Magna, Utah. AdvertisementAdvertisementAlready, a pelican colony on a Great Salt Lake island has floundered after their island became a peninsula, letting in coyotes, Seed said.

Persons: Brian Moench, didn't, Rick Bowmer, Spencer Cox, Moench, Rick Bowmer Stu Gillespie, Gillespie, ____ Jesse Bedayn Organizations: Service, Utah's Republican, Utah Rivers Council, Utah Physicians, Environment, AP, Republican Gov, Chemicals, Sierra Club, Center for Biological Diversity, Associated Press, America Statehouse News Initiative, America Locations: Utah, Mississippi, Salt Lake, Magna , Utah, Salt, Marina, Lake, Earthjustice, Chile, Alaska, North America

Search resuls for: "pales"

25 mentions found