DIRS.INFO The most relevant business & tech news

1 pick in the AP Top 25 preseason men's basketball poll released Monday, earning 46 of 63 first-place votes to easily outdistance No. 2 in Jon Scheyer's second season, and Purdue got three first-place nods as they try to avenge a stunning end to last season. Defending national champion UConn was sixth with two first-place votes after losing standouts Adam Sanogo and Jordan Hawkins. Also on the outside were Xavier and Kansas State, both of whom were in the top 15 entering last year's NCAA Tournament. 2 Duke will play fourth-ranked Michigan State and top-ranked Kansas will face No.

Persons: Bill Self, Duke, It's, ”, Kevin McCullar Jr, DaJuan Harris Jr, KJ Adams, Elmarko Jackson, Hunter Dickinson, Kevin, ” Duke, Jon Scheyer's, Zach Edey, Fairleigh Dickinson, “, Matt Painter, Shaka Smart, Tyler Kolek, standouts Adam Sanogo, Jordan Hawkins, Dusty May, ” Gonzaga, Saint Organizations: Jayhawks, Purdue, Kansas, Texas, Big, NCAA, Boilermakers, Fairleigh, ” Purdue, Michigan State, Golden Eagles, Warriors, UConn, Huskies, Houston, Owls, Conference USA, American Athletic Conference, Kentucky, San Diego State, Baylor, CONFERENCE, SEC, Big East, Creighton, The ACC, UCLA, Bruins, Kansas State, AP Locations: Kansas, Lawrence, Arkansas, McCullar, Michigan, Caribbean, Marquette, Creighton , Tennessee, Florida, Arizona, Miami , Arkansas, Texas, North Carolina, Southern California, Villanova, Saint Mary's , Alabama, Illinois, Tennessee, Wisconsin, Colorado, Xavier, Chicago, Kentucky

The Bulldogs received 43 first-place votes, Michigan got 16, and Ohio State and Florida State each had one. The last time Washington was ranked this highly this late in the season was 2016, when the Huskies made the College Football Playoff. Seventh straight meeting with both teams ranked. Consecutive seasons with both teams ranked for the Third Saturday in October rivalry. Third straight meeting with both teams ranked after the Utes won both last year to take the Pac-12 title.

Persons: Washington, Kalen DeBoer, hasn't, Nick Saban's, —, Duke, Ralph D, Russo Organizations: Associated Press, Huskies, Oregon, Air Force, Ohio State, Florida State, Bulldogs, Michigan, Washington, Penn State, College Football, Ducks, Texas ., Miami, Notre Dame, Irish, Wyoming, Oregon State, Beavers, Alabama, Arkansas, Crimson Tide, South, LSU, Tide, Auburn, Force, Falcons, —, Kentucky, Tulane, American Athletic Conference, Memphis, Big, Wisconsin, SEC, ACC —, Seminoles, USC, Utes, AP Locations: Georgia, Michigan, Oklahoma, Oregon, Texas, Texas . North Carolina, Southern California, South Florida . Alabama, Tennessee, Alabama, Missouri, Iowa, Washington State , Kansas , Kentucky, Miami, Florida, Utah

“I made the wrong call,” Cristobal said. Miami led Georgia Tech 20-17 and could have been in victory formation — taking a knee to essentially end the game — when a running play was called. Don Chaney fumbled the ball with 26 seconds left, and Georgia Tech took over on its own 26-yard line. What’s said on the headsets is between us, and ultimately, I called the play. Cristobal said players have responded the right way, which is all he can ask.

Persons: Mario Cristobal, Shannon Dawson, “, ” Cristobal, Don Chaney, ” Dawson, … I’m, What’s, Cristobal, ” Miami, Chaney, Christian Leary, Kam, Lance Guidry, ” Organizations: —, Hurricanes, Georgia Tech, Yellow Jackets, Miami, Atlantic Coast Conference, ACC, AP Locations: Fla, — Miami, Miami, Carolina, ”, America

Miami managed to hang on to a spot in the rankings, dropping eight places after losing for the first time this season. The top six schools by appearances in the AP men’s college basketball poll are Kentucky, North Carolina, Duke, Kansas, UCLA and Louisville. Missouri lost to LSU and also slipped out after two weeks ranked. For the first time since 2005-06, the Trojans and Fighting Irish are playing with both teams ranked in consecutive seasons. For the first time since 2001, both teams are ranked, and it's the second straight home game for the Beavers hosting a ranked opponent.

Persons: Miami's, Duke, ___, Ralph D, Russo Organizations: Associated Press, Hurricanes, bloods, Auburn, Bulldogs, Michigan, Wolverines, Ohio State, Florida State, Oklahoma, Texas, Penn State, USC, Arizona, Miami, Georgia Tech, Yellow Jackets, AP, UCLA, Kentucky, Louisville, Notre Dame, Vanderbilt, Saturday, Fresno State, LSU, Washington State, UCF, SEC, ACC —, Ducks, Huskies, Trojans, Oregon State, Beavers Locations: Georgia, Kentucky, Florida, Washington, Oregon, North Carolina, Duke , Kansas, Louisville, Kansas, Missouri, Mississippi, Tennessee, Wyoming

☆ What's causing the chronic haze across Southeast Asia?
▼ + stars: | 2023-10-06 | by ( ) www.reuters.com time to read: +4 min

Despite pleas by Malaysia this week not to "normalise" the haze, Indonesia has flatly denied any responsibility. Global consumption of palm oil, used in a wide range of products such as cookies, candles and as a cooking oil, is growing rapidly. Palm oil is the world's most used edible oil, accounting for 60% of global vegetable oil exports. For Indonesia, the world's biggest palm oil producer, the product is one of the biggest export earners after coal. Export earnings from palm oil and its derivatives stood at $39.28 billion in 2022, according to the Indonesian Palm Oil Association.

Persons: Siti Nurbaya Bakar, Ananda Teresia, Kate Lamb, Bernadette Christina, Naveen Thukral Organizations: of Southeast Asian Nations, Control, ACC, El, Greenpeace, Indonesian Palm Oil Association, Thomson Locations: JAKARTA, Southeast Asia, Indonesian, WHAT'S, Malaysia, Indonesia, Borneo, Singapore, Greenpeace Indonesia

☆ Explainer: What's causing the chronic haze across Southeast Asia?
▼ + stars: | 2023-10-06 | by ( ) www.reuters.com time to read: +4 min

CLEMSON, S.C. (AP) — Jordan Travis threw a 24-yard touchdown pass to Keon Coleman to start overtime and No. 4 Florida State completed a second-half to defeat Clemson 31-24 on Saturday and snap a seven-game losing streak against the Tigers. And Florida State struggled to find space much of the first half and had only 21 yards with less than 8 minutes left before the half. THE TAKEAWAYFlorida State: The Seminoles overcame perhaps their biggest ACC hurdle to supplant Clemson as the league heavyweight. Clemson: The Tigers needed a win here to get themselves back in the ACC and College Football Playoff chase.

Persons: — Jordan Travis, Keon Coleman, Travis, Kalen DeLoach, Cade Klubnik, Jonathan Weitz, Coleman, Clemson couldn't, Klubnik’s, Jameis Winston’s, playmakers, Weitz, Dabo Swinney, they've Organizations: CLEMSON, Florida State, Clemson, Tigers, Seminoles, Atlantic Coast Conference, FSU, Florida, Duke, ACC, College Football Playoff, State, Virginia Tech Locations: S.C, Death, Florida, Charleston, Syracuse

Florida State, Miami and Florida were all ranked in The Associated Press college football poll on Sunday. 1 Georgia (3-0)Next: vs. UAB, Saturday. 4 Florida State (3-0)Next: at Clemson, Saturday. 7 Penn State (3-0)Next: vs. No. 21 Washington State (3-0)Next: vs. No.

Persons: Billy Napier, Charlotte, Mike Bobo's, we're, Xavier Worthy, Jonathon Brooks, Jerrin Thompson, Jordan Travis, DE Chop Robinson, Sam Hartman, Audric Estime, Quinshon Judkins, Duke, Travis Hunter, Thomas Gore, Leonard Taylor, Cameron Ward, Dante Moore, Joe Milton, Hendon Hooker, Kaleb Johnson, Billy Napier's, Ralph D, Russo Organizations: Florida State, Associated Press, Seminoles, Hurricanes, Gators, Tennessee, Florida, SEC, Kentucky, Vanderbilt, Georgia Tech, Atlantic Coast Conference, Carolina, Clemson, LSU, ACC, UAB, South, Rutgers, Big, Baylor, Arizona State, Ohio State, Notre Dame, Penn State, DE, Washington, Audric, UCLA, Mississippi State, USF, Oregon State, Washington State, Quinshon, Cincinnati, Iowa State, OU, Pittsburgh, Power, App State, UConn, Devils, Colorado State, Miami, UTSA, Hendon, Vols, Charlotte, Volunteers, AP Locations: Miami, Florida, South Carolina, Georgia, Temple, Tallahassee, Michigan, Texas, Wyoming, California, Kentucky, Iowa, Oregon, Colorado, Utah, . Arkansas, Mississippi, Alabama, Oklahoma, Cincinnati, Carolina, Salt Lake City, Tennessee, Louisiana, Lafayette

☆ The 9 best college football towns for investing in short-term rentals
▼ + stars: | 2023-09-14 | by ( Dan Latu | ) www.businessinsider.com time to read: +2 min

Analytics site AirDNA ranked the best college football towns for investing in Airbnbs and Vrbos. It weighed competition, revenue potential, and occupancy to find the most ideal future investment. The Big 10 Conference towns dominate the top ranking with five spots, followed by the SEC with two. Analytics site AirDNA cobbled together college towns across five major conferences — SEC, ACC, Big 10, Big 12, and PAC-12 — in order to determine which places were the best for those seeking to invest in short-term rentals like Airbnbs and Vrbos. To be sure, the top-scoring towns aren't just the ones that have the highest revenue potential.

Persons: AirDNA, — Organizations: SEC, Service, ACC, Big, Washington State Cougars Locations: Airbnbs, Wall, Silicon, aren't, Washington

Caleb Williams passed for 281 yards and three touchdowns and ran for another score while playing only the first half, Zachariah Branch returned a punt 75 yards for a TD, and No. 6 USC routed Stanford 56-10 on Saturday night. USC: This rivalry game clearly meant plenty to the Trojans, who celebrated every big play on the sideline and poured it on throughout the first half. Riley's team has a week off before the schedule gets tougher, and the Trojans appear ready to take the next step. POLL IMPLICATIONSAlabama's loss to Texas could clear a Top 5 spot for USC, or the Longhorns could leapfrog the Trojans despite this impressive victory.

Persons: Caleb Williams, Zachariah Branch, MarShawn Lloyd, Austin Jones, Dorian Singer, Brenden Rice, Lake McRee, Lincoln Riley, they’ve, “ We’re, ”, Riley, I’m, ” Williams, Stanford's Zahran Manley, Rice, “ I’m, USC, Cardinal, Troy Taylor, ” Ashton Daniels, Justin Lamson, Taylor, Daniels, We’re, ” Taylor, . Branch, Jamil Muhammad, Williams Organizations: ANGELES, Stanford, USC, Heisman, Big, ACC, SC, Trojans, Branch, Las Vegas, ., NEXT Stanford, Sacramento State, Arizona State, AP Locations: Southern California, Hawaii, Texas

The Pac-12's previous high was six ranked teams, achieved multiple times including last week. After Washington State beat Wisconsin on Saturday night, Cougars coach Jake Dickert noted his school's unfortunate position. OUTFalling out along with Texas A&M were Wisconsin, which lost at Washington State, and Tulane, which lost at home to Mississippi. CONFERENCE CALLWith Tulane dropping out, there are no ranked teams from conferences outside the Power Five. RANKED vs. RANKEDNo games match ranked teams this week.

Persons: Quinn Ewers, Nick Saban, Jake Dickert, ” Dickert, —, Duke, Ralph D, Russo Organizations: Associated Press, Alabama, Georgia, Florida State, Texas, Longhorns, BCS, Crimson Tide, Power, SEC, Clemson, Atlantic Coast Conference, Penn State, USC, Southeastern Conference, Washington, Oregon State, Washington State, UCLA, Wisconsin, Cougars, ESPN, Ohio State, Notre Dame, — Clemson, Miami, Hurricanes, Aggies, Hawkeyes, Iowa State, Tulane, Tigers, Charleston Southern, ACC —, AP Locations: Michigan, Alabama, Quinn Ewers , Texas, Southern California, , Oklahoma, Utah, Oregon, Pullman, — Nebraska, — Florida, Miami, Florida, Iowa, Wisconsin, Mississippi

☆ Stellantis plans to expand battery capacity to 400 GWh
▼ + stars: | 2023-09-08 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Pascal Rossignol/File Photo Acquire Licensing RightsMILAN, Sept 8 (Reuters) - Carmaker Stellantis (STLAM.MI) aims to expand its battery building capacity to 400 GWh to support growing production of electric vehicles, its head of global propulsion systems said on Friday. We believe we need to go to 400 gigawatt hours of capacity around the world," Bly said during the inaugurating the group's new Battery Technology Center in Turin, Italy. Bly, however, did not specify whether the group planned to build more gigafactories on top of those already announced to expand the capacity. As part of its effort to boost capacity, Stellantis on Friday said it had invested 40 million euros ($43 million) in its Turin's Battery Technology Center, in the Mirafiori complex, which will be focused on in-house testing and development of EV battery packs for upcoming group vehicles. More than 100 people will be employed in the Turin's Battery Technology Center, mostly retrained Stellantis workers, the group said adding that a similar facility for North America was being built in Windsor, Canada.

Persons: Pascal, Micky Bly, Stellantis, Bly, Giulio Piovaccari, Federico Maccioni, Keith Weir Organizations: REUTERS, Global Propulsion Systems, Battery Technology, ACC, Mercedes, Battery Technology Center, Turin's Battery Technology Center, Thomson Locations: Hordain, France, Turin, Italy, Germany, U.S, Canada, North America, Windsor , Canada

Oregon State and Washington State on Friday filed a complaint in Washington state court against the Pac-12 and Commissioner George Kliavkoff, seeking to prevent departing member schools from taking any actions that could stand in the way of the Pacific Northwest schools' effort to rebuild the conference. Each school has cited the desire for more financial stability in abandoning the “Conference of Champions” and leaving only Oregon State and Washington State. Political Cartoons View All 1148 Images"We owe it to our student-athletes, coaches, and fans to do everything in our power to protect the Pac-12 Conference and explore all future options,” Washington State President Kirk Schulz said. “WSU and OSU are working in lockstep to identify the best path forward. The future of the Pac-12 must be determined by the remaining members, not by those who are leaving.”___Follow Ralph D. Russo at https://twitter.com/ralphDrussoAP and listen at http://www.appodcasts.com___AP college football: https://apnews.com/hub/college-football and https://apnews.com/hub/ap-top-25-college-football-poll

Persons: George Kliavkoff, Kliavkoff, Kirk Schulz, “, Ralph D, Russo Organizations: Oregon State, Washington State, Pacific Northwest, Big, Stanford, Cal, ACC, Conference, Washington, “ WSU, OSU, AP Locations: Oregon, Washington, Whitman County, Southern California, UCLA, Arizona, Arizona State , Colorado, Utah, lockstep

☆ First funding tranche for Verkor battery gigafactory near complete- co-founder
▼ + stars: | 2023-09-06 | by ( Gilles Guillaume | ) www.reuters.com time to read: +2 min

PARIS, Sept 6 (Reuters) - Verkor should complete the first tranche of fundraising for its future battery gigafactory in Dunkirk, France, in the coming weeks, co-founder and chief customer officer Philippe Chain told Reuters. The Grenoble-based startup's gigafactory is one of four electric vehicle battery factories planned in northern France. Verkor has already raised around 350 million euros, mainly for a new innovation centre, a pilot production line already in operation and a "battery school" to train future employees. Construction of the gigafactory has begun and it will have an initial annual production capacity of 16 gigawatt hours (GWh) - including 12 for Renault (RENA.PA), which owns more than 20% of Verkor. Taiwan's ProLogium also plans a gigafactory in Dunkirk with a capacity of 30 GWh in 2030.

Persons: Philippe Chain, Verkor, Taiwan's ProLogium, Nick Carey, Gilles Guillaume, David Evans Organizations: European Union, Renault, Automotive Cells Company, ACC, Mercedes, TotalEnergies, Thomson Locations: Dunkirk, France, Munich, Grenoble

4 Florida State jumped into the top five after its resounding victory over LSU in Week 1's marquee game. 3 Alabama moved up a spot and Florida State climbed four places and received the remaining three first-place votes after beating LSU, 45-24. Duke capped the long Labor Day weekend of college football by knocking off Clemson 28-7 on Monday night in Durham, North Carolina. It was the Blue Devils' first victory against a team ranked in the top 10 since 1989 against a Clemson team ranked seventh. POLL POINTSHaving Florida State near the top of the AP poll is a familiar sight, just not as much recently.

Persons: Duke, Deion's Sanders, Sanders, Mike Elko, Jimbo Fisher, Mike Norvell's, Bobby Bowden, ___, Ralph D, Russo Organizations: Associated Press, Florida State, LSU, Georgia, Michigan, Seminoles, Ohio, Clemson, Duke, TCU, Buffaloes, Buffs, NFL, Penn State, Notre Dame, Devils, AP, Texas, Florida, FSU, Florida State's, Pac, SEC, ACC —, Athletic, Tulane Locations: Colorado, Alabama, Southern California, Penn State , Washington , Tennessee, Durham , North Carolina, Florida, Texas, Tuscaloosa , Alabama, Mississippi

☆ Mercedes boss: EV costs will remain higher for foreseeable future
▼ + stars: | 2023-09-03 | by ( ) www.reuters.com time to read: +2 min

Ola Kaellenius's comments come as Mercedes-Benz disclosed more details about its newest electric vehicle architecture, the CLA compact electric sedan, which will launch next year and target 30% to 35% more driving range. "The variable costs for an electric car are higher. It will remain that way for the foreseeable future," Kaellenius told journalists at the IAA car show in Munich, adding higher costs could not be passed on to customers on a like for like basis. Variable costs weighing on the price tag of EV production include raw materials for batteries, software development, and electricity prices. Batteries for the CLA will be produced by key supplier CATL (300750.SZ) and ACC, in which Mercedes owns a third.

Persons: Ola Kaellenius's, Kaellenius, Markus Schaefer, Mercedes, Schaefer, Christina Amann, Christoph Steitz, Frances Kerry Organizations: Benz, Mercedes, IAA, ACC, Victoria, Thomson Locations: Woodstock , Alabama, MUNICH, Munich

☆ NCAA Football: Why you should cherish this college football season
▼ + stars: | 2023-08-31 | by ( Andy Scholes | ) edition.cnn.com time to read: +5 min

CNN —When it comes to tradition, passion and rivalries, there is nothing quite like college football. Stetson Bennett of the Georgia Bulldogs celebrates winning the College Football National Championship game in January. Legendary broadcaster Brad Nessler, who has called college football games all over the country for 30 years, said the Pac-12’s demise is a loss for the sport. The Super Conference eraNext year will mark the Super Conference Era for college football. Everybody makes the playoffsThe 2023 season will be the last for college football with just four playoff teams.

Persons: Stetson Bennett, Ezra Shaw, “, Brad Nessler, you’ve, it’s, ”, “ You’re, Pat Chun, Katelyn Mulcahy, Chun, Mike Gundy, Gundy, Michael Ezeike, Harry, Sam Wasson, you’re Organizations: CNN, ESPN, Fox, USC, UCLA, Georgia Bulldogs, College Football, Rutgers, Washington, Oregon State . Washington State, USC Trojans, San Jose State Spartans, Conference, Southeastern Conference, SEC, Atlantic Coast Conference, ACC, Oklahoma State, Oklahoma, UCLA Bruins, Texas Tech, Stanford, Apple, Washington State, Oregon, Texas, LSU, Florida State, Pittsburgh Panthers, Sun Bowl, Tulane, Boise State Locations: Texas, Oklahoma, Colorado, Arizona, Arizona State, Utah, Washington, Oregon, Stanford, California, Washington State, Alabama, El Paso , Texas, Boise, Cincinnati

☆ Value investing is having a moment in China. Here are some funds that are winning
▼ + stars: | 2023-08-20 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +3 min

They are: BOCIP China Value A Fidelity China Focus A Dist USD Ninety One GSF All China Eq A Acc HKD The first two have a value-style tilt – and not only beat the MSCI China Index in the first half of this year, but also in all of 2022, according to Morningstar. Although both value and growth China funds have generally posted losses over the three years ended July 2023, growth has lagged value by 12% a year, Liang said. However, she was quick to point out that just focusing on a single investment style such as value versus growth isn't enough. In terms of Morningstar's fund ratings — based on factors the firm calls people, process and parent — Schroder's ISF China Opps and FSSA China Growth have gold ratings for strong performance in the "people" and "process" categories. Closely watching valuations helped Schroders China's portfolio manager take some timely profits on "some overheated information technology" stocks, Liang said.

Persons: Warren Buffett, –, Claire Liang, Morningstar's, Liang, Benjamin Graham's, Goldman Sachs, It's, Timothy Moe Organizations: Morningstar, Fidelity, Acc, China, House Research Institute, Netflix, Suzhou Maxwell Technologies Locations: China, Fidelity China, Asia, Suzhou

In this article SBGINXSTGTNSSP Follow your favorite stocks CREATE FREE ACCOUNTChristian Petersen | Getty Images Sport | Getty ImagesTensions are building among broadcast station owners and pay TV providers as the local rights to air NBA, NHL and MLB games go up for grabs. Pay-TV providers are also exploring alternatives to keep local games in the bundle. The NBA's Phoenix Suns and Utah Jazz recently reached deals to be be aired on local broadcast networks run by Gray and Sinclair, respectively. "The reality is that the issue people keep talking about is the rights fees. But the rights fees aren't necessarily the question," said Berke.

Persons: Christian Petersen, Sinclair, Diamond, Bill Morrow, RSNs, George Kubas, Lee Berke, There's, Gray, Brian Lawlor, Lawlor, Jeff Speer, —, Ion, Berke, David Peralta, Kole Calhoun, Starling Marte Organizations: Getty, NBA, NHL, MLB, Scripps Co, Gray Television, Nexstar Media Group, Diamond Sports Group, Warner Bros, Broadcasters, Comcast, Charter, DirecTV, Gray, Nexstar, Communications, Ohio, Bally Sports, Cincinnati Reds, Cleveland Guardians, Progressive, Diamond Sports, Diamond, Phoenix Suns, Utah Jazz, Clipper, Las Vegas Golden Knights, NHL Stanley, Scripps, Scripps Sports, Knights, Warnes Bros, Vegas Golden Knights, Florida Panthers, Mobile, — ABC, NBC, CBS, Fox, CW Network, Nexstar's CW Network, ACC, Nascar, Suns, Arizona Diamondbacks, Oakland Athletics, Chase Field, The Diamondbacks Locations: Cleveland, Los Angeles, Las Vegas, Las Vegas , Nevada, Phoenix , Arizona

☆ Florida State University taps JPMorgan to help find potential investors
▼ + stars: | 2023-08-04 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +2 min

Florida State University has been working with JPMorgan as it explores options to bring in funding from institutional investors, according to a person familiar with the matter. The discussions have been ongoing in recent months, and Sixth Street Partners has expressed interest as an investor, the person said. The discussions with potential equity investors are not tied to FSU's potential push to leave the conference, according to the person familiar with the matter. Sportico earlier reported that FSU was working with JPMorgan and that Sixth Street was part of the discussions. "That effort fell apart, mainly because it was a challenge to mesh private investors with the potential media rights for public schools," said sports media consultant Lee Berke.

Persons: Lee Berke, we're, Berke Organizations: Florida State University, JPMorgan, Sixth Street Partners, Atlantic Coast Conference, NCAA, FSU, Sixth, ACC, Southeastern Conference, ESPN, Media

A view shows Ambuja Cement bags, to be carried to a construction site, in a load carrier in Ahmedabad, India, July 29, 2022. REUTERS/Amit Dave/File PhotoNEW DELHI, Aug 1 (Reuters) - India's Ambuja Cements (ABUJ.NS) has reached a deal to acquire a majority stake in operations of Sanghi Industries (SNGI.NS), two sources with direct knowledge said, a transaction that will add heft to cement operations of billionaire Gautam Adani's firm. The deal by Ambuja is likely to be announced as soon as Wednesday, the sources said, declining to be named because the decision is not public. One of the sources said the deal was done by considering Sanghi's enterprise value at 60 billion rupees ($729 million). Sanghi Cement declined to comment.

Persons: Amit Dave, Gautam Adani's, Ambuja, Adani, Aditya Kalra, Leslie Adler Organizations: REUTERS, Sanghi Industries, Economic, Sanghi, UltraTech, ACC Ltd, Adani Group, Reuters, Thomson Locations: Ahmedabad, India, Gujarat

☆ Get the lowdown on 'e/acc' — Silicon Valley's favorite obscure theory about progress at all costs, which has been embraced by Marc Andreessen
▼ + stars: | 2023-07-28 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +5 min

There's a new ideological interest in Silicon Valley: effective accelerationism. It's called effective accelerationism. The more formalized e/acc idea has taken shape on Twitter and through Substack newsletters since 2022. In an e/acc world, no idea that offers hypothetical value should be considered too absurd, too dangerous, too out there to make a reality. But one thing does seem certain: as long as AI remains front and center, so too will effective accelerationism.

Persons: Marc Andreessen, It's, Garry Tan, Sam Bankman, Fried, Michael M, Nick Land, Freeman, ChatGPT, Marc Andreessen's, Tan, Y Organizations: Tech, acc, Morning, Twitter, Getty, University of Warwick Locations: Silicon Valley, British, Francisco

☆ A 72-year-old woman in Phoenix got her power cut over a $51 bill when it was 107 degrees — and she died. Her memory is behind efforts to stop future deaths.
▼ + stars: | 2023-07-25 | by ( Associated Press | ) www.businessinsider.com time to read: +4 min

Stephanie Pullman, 72, died after her power was shut off over a $51 late bill. Pullman's death in 2018 led to changes in how power companies deal with overdue bills in the summer. A recent heatwave in Arizona has the governor asking power companies to put policies in writing. The medical examiner's office said Pullman died from "environmental heat exposure " combined with cardiovascular disease after the shutoff. Electric utilities can choose to pause disconnections from June 1 through October 15 or pause them on days forecasted to be above 95 degrees Fahrenheit or below 32 degrees Fahrenheit.

Persons: Stephanie Pullman, Stacey Champion, Pullman, Patrick T, Fallon, Katie Hobbs Organizations: Service, Arizona Public Service, Getty, Arizona Corporation Commission, APS, Tucson Electric Power, ACC, National Weather Service, Gov Locations: Arizona, Wall, Silicon, sweltering Arizona, Phoenix, Mohave, Santa Cruz, Maricopa County, shutoffs

☆ Factbox: Graphite producers doing deals with automakers and battery groups
▼ + stars: | 2023-06-21 | by ( ) www.reuters.com time to read: +4 min

Tomas Bergman/Handout via REUTERSLONDON, June 21 (Reuters) - Automakers are rushing to lock in graphite supply from outside dominant producer China as mined graphite demand for electric vehicle (EV) batteries outpaces other uses. Below are details of some Western companies producing, or planning to produce graphite, and their deals with auto makers and battery producers. It aims to start annual production at a battery anode plant in Mauritius in 2024 at 3,600 metric tons. SYRAH RESOURCES LTD (SYR.AX)Operates Balama mine in Mozambique, which doubled graphite production to 163,000 metric tons in 2022 from the year before. MAGNIS ENERGY TECHNOLOGIES LTD (MNS.AX)Developing Nachu graphite mine in Tanzania, aiming to produce 236,000 metric tons of graphite concentrate.

Persons: Tomas Bergman, Handout, steelmaker Thyssenkrupp, Talga, Magnis, Tesla, China's, Eric Onstad, Sharon Singleton Organizations: Talga Group, Reuters, REUTERS LONDON, INC, TALGA, Automotive Cells Company, ACC, Stellantis, Mercedes, Benz, Renault, LG Energy, Ford Motor Company, SK, MONDE, Panasonic Energy, Thomson Locations: Norrbotten, Sweden, China, Madagascar, Mauritius, Lulea, Mozambique, U.S ., Louisiana, Tanzania, United States, New York, South Australia, Macquarie, Canada, India, Alabama, Coosa

"We'll make your life easier and help you set up shop here," he told ProLogium's Chief Executive Vincent Yang. It is one of four such gigafactories Macron hopes will transform the poor, former coal mining area near Belgium into a hub for the EV battery industry, creating jobs and helping to put France at the forefront of Europe's energy transition. "Results don't just fall from the sky," Macron told Reuters in Dunkirk. At the moment, however, France lags well behind Germany when it comes to attracting battery makers. Still, the IRA almost threw ProLogium's investment in France off course, one French presidential adviser told Reuters.

Persons: Emmanuel Macron, Vincent Yang, Ludovic Marin, Taiwan's ProLogium, Macron, Yang, ProLogium, we've, it's, ACC's, Heiner Heimes, Stellantis, Mercedes, Ola Kaellenius, Marc Mortureux, We're, GUY, Xavier Bertrand, ProLogium's Yang, Fabien Roussel, Leigh Thomas, Michel Rose, Silvia Aloisi, David Clarke Organizations: Business, EV, Macron, ACC, Mercedes, Reuters, RWTH Aachen University, Automotive Cells Company, Franco, Benz Group, EU, PFA French, U.S . IRA, French Communist Party, Thomson Locations: of Versailles, Paris, France, Versailles, Dunkirk, Germany, Netherlands, Taiwan, Belgium, EUROPE, Korean, United States, Europe, French, Hungary, Italy, Brussels, Washington

Search resuls for: "ACC"

25 mentions found