DIRS.INFO The most relevant business & tech news

☆ Hammerhead sharks 'hold their breath' when deep diving up to 2,500 feet to avoid freezing to death
▼ + stars: | 2023-05-11 | by ( Marianne Guenot | Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +6 min

Hammerhead sharks are able to deep dive to frigid, near-freezing waters to catch rare prey. The study, published in the peer-reviewed journal Science on Thursday, found scalloped hammerhead sharks are able to conserve their body temperature while diving over 2,500 feet under the surface to hunt for deep-sea prey. Keeping the cold water outA hammerhead shark. This video spotted a hammerhead shark swimming during a deep dive off the coast of Tanzania. The strategy gives them an evolutionary advantage, but there's a catchA hammerhead shark caught in a net.

☆ Taiwan's wind industry braves cross-strait risks in clean energy boom
▼ + stars: | 2023-05-10 | by ( Sarah Wu | ) www.reuters.com time to read: +8 min

With large swathes of Taiwan's territorial waters restricted due to defense, shipping and other uses, offshore wind developers will soon run out of space. It's a question of whether you want to pay the price," insurance broker Clive Lin told offshore wind developers in a packed lecture hall in Taipei. Political risk insurance is typically not covered in mainstream insurance policies, so developers have to buy it additionally. The risk of a military confrontation and its impact on Taiwan's wind farms are hard to quantify, analysts say. "In a kinetic conflict invasion, Taiwan's going to have so many other problems, offshore wind is going to be way down on the list," Cancian said.

☆ Rare day at Vatican as two popes share stage
▼ + stars: | 2023-05-10 | by ( Philip Pullella | ) www.reuters.com time to read: +2 min

Tawadros, dressed in black robes, was the guest of honour at Francis' general audience in a rainy St. Peter's Square. In his greeting to Tawadros, Francis recalled the 20 Egyptian Copts who were kidnapped and beheaded on a beach in Libya by Islamic State in 2015. Copts comprise about 10 percent of Egypt's mostly Muslim population and there are small Coptic Christian communities throughout the Middle East and Africa. Coptic Orthodox Christians trace their origins to St. Mark the Apostle. Tawadros is due to have a private meeting with Francis on Thursday and visit the Vatican department that promotes Christian unity.

☆ Groves wins chaotic Giro stage five after dog causes Evenepoel crash
▼ + stars: | 2023-05-10 | by ( ) www.reuters.com time to read: +3 min

May 10 (Reuters) - Favourite Remco Evenepoel crashed twice on stage five of the Giro d'Italia on Wednesday, the first time after a dog strayed on to the road in treacherous conditions caused by driving rain, before Kaden Groves won the stage in a bunch sprint. The second crash did not affect Evenepoel's time as it happened inside the three-km mark, effectively neutralising the general classification times. But the crash left the Belgian world champion fuming while the rest of the bunch surged ahead and Alpecin–Deceuninck's Groves dominated the sprint to win the stage. The breakaway trio of Thomas Champion, Samuele Zoccarato and Stefano Gandin had built up a head of steam before they were absorbed by the peloton with seven km to go. Just super bad luck, with the second crash," he said.

☆ Debt ceiling: Denmark has one, too. It's never been a problem
▼ + stars: | 2023-05-09 | by ( Julia Horowitz | ) edition.cnn.com time to read: +7 min

President Joe Biden will host Republican House Speaker Kevin McCarthy and other congressional leaders at the White House on Tuesday for a critical meeting on raising the US debt ceiling. The closest analogue to the US debt ceiling is the set-up in Denmark. Lawmakers did not want the debt ceiling to become a proxy for difficult conversations about the government’s fiscal plans. That makes it less likely the debt ceiling could be turned into a political football. Even so, it’s clear that in Denmark, the debt limit has enabled the smooth functioning of government, Kirkegaard said.

☆ Barbara Corcoran says 90% of her 'Shark Tank' investments don't make her money—here's why she doesn't regret any of them
▼ + stars: | 2023-05-09 | by ( Megan Sauer | ) www.cnbc.com time to read: +2 min

Barbara Corcoran doesn't want to hear your startup pitches outside of ABC's "Shark Tank." Rather, it's because only one in every 10 of her "Shark Tank" investments actually earns a profit, she said. Because of the high-risk nature of investing, the 74-year-old said she only pulls out her wallet for a select few "Shark Tank" pitches. She's not the only "Shark Tank" investor who feels that way. Disclosure: CNBC owns the exclusive off-network cable rights to "Shark Tank."

☆ Parades, pomp and parties mark coronation of King Charles
▼ + stars: | 2023-05-08 | by ( Jeremy Schultz | ) www.reuters.com time to read: 1 min

Protesters, dressed in yellow t-shirts to make themselves stand out, were demanding an elected head of state and say the royal family has no place in a modern constitutional democracy.

☆ Mark Cuban loved this 24-year-old 'Shark Tank' CEO's company—here's why he rejected it: 'You're making a boatload of money'
▼ + stars: | 2023-05-08 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

Sophie Nistico seemed to have all the pieces in place for a big investment deal on ABC's "Shark Tank." She spent no money on advertising, due to a large social media presence, and had more than $400,000 in the bank, she added. "You are making a boatload of money," Mark Cuban added. "I don't really know how to help you," said Kevin O'Leary. "This thing where you don't know anything about business, I don't really buy it anymore.

☆ A 'Shark Tank' winner and stay-at-home dad who Mark Cuban called a 'compassionate capitalist' doubled down on his business when his wife's health took a sudden turn: 'There is no greater incentive to
▼ + stars: | 2023-05-07 | by ( Jason Lalljee | ) www.businessinsider.com time to read: +5 min

Freya Williams was a CEO and her family's breadwinner before contracting long COVID. Her husband dove into his small business and landed an investment from Mark Cuban of "Shark Tank." But COVID led to "long COVID" for her. Thousands of Americans have likely left the workforce because of long COVID, and Williams is among them. Delaney added that his wife's suffering and his family's precarious position had changed his drive as a business owner.

☆ Mark Cuban knew the Dallas Mavericks' CEO had no prior experience in basketball—here's the advice he gave her for Day 1
▼ + stars: | 2023-05-07 | by ( Ashton Jackson | ) www.cnbc.com time to read: +2 min

Mark Cuban always tries to push himself out of his comfort zone, so it's no surprise that he does the same for others. Cynt Marshall, CEO of the Dallas Mavericks, experienced it firsthand when Cuban cold-called her with a job offer in 2018, she recently told LinkedIn's The Path newsletter. Second, she said: "I was well aware of the fact that I did not know the business of basketball." In response, Cuban gave Marshall some simple yet effective advice, she recounted: "He said, 'You don't worry about that. Prior to her appointment, the Mavericks had no women or people of color in leadership, LinkedIn noted.

☆ A fund manager who's outperformed 99% of his peers in 2023 shares exactly how he finds undervalued gems that others overlook — and his 7 favorite stocks to buy now
▼ + stars: | 2023-05-07 | by ( James Faris | ) www.businessinsider.com time to read: +5 min

Portfolio manager Mark Costa, who runs the Brandes International Small Cap Value Fund (BISAX) alongside three of his colleagues, is among the top investors so far this year. The outstanding run for Costa's fund this year follows a difficult 2022 for international stocks, in which the fund fell by 8.7% but still managed to crush its index, which lost 18.4%. "Over the long run, we can generate very strong risk-adjusted returns because of the quality of the businesses," Costa said. 7 top international stocks to buy nowCosta said that right now he's finding strong opportunities in the aerospace and defense, banking, consumer staples, and healthcare industries. After providing an overview of his investing strategy, Costa shared seven of his favorite stocks to buy and hold right now.

☆ Video appears to show Ukraine striking a Russian warehouse in Bakhmut with devastating effects using US-made smart bombs
▼ + stars: | 2023-05-06 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +2 min

A video shows bombs being dropped on what appears to be a Russian military warehouse in Bakhmut. The kits transform unguided free-fall bombs into all-weather, precision-guided smart weapons. The bomb kits, which transform unguided, free-fall bombs into precision-guided munitions, have been sent to Ukraine in recent months, per reports. The kits can be bolted to unguided bombs ranging from 500 to 2,000 pounds, and its pop-out wings allow it to glide up to 45 miles. The account noted that this appears to be one of the first videos showing bombs equipped with JDAM-ERs in action in Ukraine.

☆ Mark Cuban says the potential impact of AI tools like ChatGPT is 'beyond anything I’ve ever seen in tech'
▼ + stars: | 2023-05-05 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +1 min

Billionaire Mark Cuban believes artificially intelligent (AI) chatbots like Open AI's ChatGPT are still in the beginning stages of development. But the potential impact of this new technology is "beyond anything I've ever seen," he tells CNBC Make It. On Monday, Cuban compared ChatGPT's debut to the introduction of HTML in the early days of the Internet in a tweet. "Everyone knew it would be impactful, but we made it seem far more complicated that it was," Cuban said of HTML. It's the basic coding language used to build websites and determine how they appear to users.

☆ Ukraine's talking loudly about its coming counterpunch but holding key secrets tight because the stakes couldn't be higher. Here's what we know.
▼ + stars: | 2023-05-05 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +9 min

Insider spoke to military experts about the possible timing, location, and goals of the coming assault. Ahead of this specific offensive, Ukraine was also likely waiting for the ground to dry after a cold and muddy winter. But there's more than just military strategy to consider — politics plays a key role as well, military experts said. Military experts and analysts are betting the bulk of the offensive will be focused in Ukraine's southeast, particularly in the Zaporizhzhia region. The single most important aim for Ukraine's next push is taking back its territory, the military experts said.

☆ Canada's Justin Trudeau may be struggling but he still commands his party
▼ + stars: | 2023-05-04 | by ( Steve Scherer | ) www.reuters.com time to read: +3 min

OTTAWA, May 4 (Reuters) - Canada's Prime Minister Justin Trudeau will kick off what is likely to be the last Liberal Party convention before the next election on Thursday, and though fatigue with his government has deepened there is little question that he is fully in command of his party. Though some cabinet members and former central banker Mark Carney appear to have ambitions to lead the party after Trudeau, no one has come out publicly against him. "Trudeau is the party brand, for better or worse," said Shachi Kurl, president of Angus Reid research group. Conservatives would win 35% of the vote compared to 29% for the Liberals, according to the Angus Reid poll. But in Montreal, the Liberals lead 38% to 15%, and in the suburbs of Toronto the Liberals are ahead 40% to 34%, Angus Reid said.

☆ Denmark's central bank raises key rate, following ECB hike
▼ + stars: | 2023-05-04 | by ( ) www.reuters.com time to read: +1 min

COPENHAGEN, May 4 (Reuters) - Denmark's central bank raised its key interest rate by 0.25 percentage points to 2.85% on Thursday, following a rate hike earlier in the day by the European Central Bank. "The interest rate increase is a consequence of the increase by the European Central Bank of its main monetary policy rate, the deposit facility rate, by 0.25 percentage point," the central bank said in a statement. The move was Denmark's seventh rate hike since July last year, closely tracking the ECB and other central banks across the globe that are tightening monetary policy to combat inflation. Denmark's benchmark current account interest rate and the certificate of deposit rate were each raised by 0.25 percentage points to 2.85% from 2.6%, while the so-called lending rate was raised by 0.25 percentage points to 3% from 2.75%. Reporting by Nikolaj Skydsgaard and Jacob Gronholt-Pedersen, editing by Mark HeinrichOur Standards: The Thomson Reuters Trust Principles.

☆ MLB roundup: Dodgers stun Phillies on walk-off slam
▼ + stars: | 2023-05-04 | by ( ) www.reuters.com time to read: +13 min

Brandon Drury also hit a homer for the Angels, who won for the sixth time in their last eight games. Starter Seth Lugo (3-2) held the Reds to one run on seven hits over six innings to earn the win. Pfaadt, a touted pitching prospect, went 4 2/3 innings and allowed nine hits -- four of which were home runs -- and seven runs. Texas starter Andrew Heaney allowed six runs on four hits in 4 2/3 innings, with four walks and five strikeouts. Losing pitcher Eric Lauer (3-3) allowed four runs -- all unearned -- on four hits and struck out six in 4 2/3 innings.

☆ NAIA power outage: Philippines to shut airspace on May 17 in bid to tackle recent outages
▼ + stars: | 2023-05-03 | by ( Kathleen Magramo | ) edition.cnn.com time to read: +3 min

But getting there is not always a smooth journey, as anyone unfortunate enough to be at Manila’s airport during two crippling power outages this year discovered. Those outages, on Labor Day and New Year’s Day, caused widespread chaos with hundreds of flight cancellations affecting tens of thousands of passengers. In a bid to solve that issue, the Philippines will close the whole country’s airspace for 6 hours on May 17 to replace malfunctioning electrical equipment. “It’s the entire Philippine airspace that will be shut down,” Bryan Co, senior assistant general manager at the Manila International Airport Authority, said in a press briefing on Tuesday. The airport handled 48 million passengers in 2019, despite being designed to handle 31.5 million, it said, and the revamp is expected to cost $1.8 billion (100 billion Philippine pesos).

☆ Where the royal family goes in London, from Indian restaurants to theme parks
▼ + stars: | 2023-05-02 | by ( Julia Buckley | ) edition.cnn.com time to read: +13 min

Well, they’re not, obviously – but sometimes they do put down their tiaras, leave their palaces and join the hoi polloi at restaurants, bars and even theme parks. He once called Brilliant Restaurant in Southall, west London his favorite Indian restaurant – and Gordon Ramsay is also a fan. Stuart C. Wilson/Getty ImagesBack in the noughties, party Prince Harry was a regular at Mahiki, a Tiki-themed bar-club-restaurant in Mayfair. Simon Dack/AlamyIn his memoir “Spare,” Prince Harry wrote about popping out to shop for clothes at T.K. Toby Melville/Getty ImagesThe-then Meghan Markle was apparently spied In the heart of Chelsea while she was engaged to Prince Harry, getting a facial from Sarah Chapman.

☆ The Fed pursuing 2% inflation is an 'absolute trap' for the economy, 40-year market veteran says
▼ + stars: | 2023-05-02 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

The Fed's 2% inflation goal is an "absolute trap," according to 40-year market veteran Barry Knapp. Knapp pointed to tightening credit conditions, suggesting more tightening from the Fed could cause a recession. Elevated prices aren't always a drag on the economy, he added, pointing to 3%-4% inflation in the 90s. "The whole 2% target is an absolute trap," The Ironsides Macroeconomics founder said in an interview with CNBC on Tuesday. But elevated inflation isn't necessarily a hindrance to the economy, Knapp said, pointing to 3%-4% inflation in the early 90s, years when the economy expanded and benefited from a huge boom in business spending.

☆ MLB roundup: Guardians rally in 9th to stun Yankees
▼ + stars: | 2023-05-02 | by ( ) www.reuters.com time to read: +5 min

[1/5] May 1, 2023; Bronx, New York, USA; Cleveland Guardians first baseman Josh Naylor (22) hits a two run single in the ninth inning against the New York Yankees at Yankee Stadium. After Peralta struck out Andres Gimenez, Zunino fouled off three straight pitches before drawing a walk on a low pitch. It was his third career multi-home run game. Atlanta starter Spencer Strider (4-0) pitched five innings and allowed four runs on five hits, three walks and eight strikeouts. Lane Thomas homered with two outs in the second inning for Washington's run.

☆ Bank sector still has small segment with 'real problems,' says Cato Institute's Mark Calabria
▼ + stars: | 2023-05-01 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBank sector still has small segment with 'real problems,' says Cato Institute's Mark CalabriaCato Institute’s Mark Calabria and Janey Montgomery’s Timothy Coffey join 'The Exchange' to discuss the banking crisis and fallout and the outlook for the sector.

Jeremy Selwyn/WPA Pool/Getty Images Camilla stands next to Queen Elizabeth II during a Diamond Jubilee pageant on the River Thames in June 2012. Chris Jackson/Getty Images From left, Camilla, Charles, Queen Elizabeth II and Prince Philip attend the state opening of Parliament in May 2013. From left are Camilla, Charles, Queen Elizabeth II, Prince Louis, Duchess Catherine, Princess Charlotte, Prince George and Prince William. Frank Augstein/WPA Pool/Getty Images In pictures: Britain's Queen Camilla Prev NextShe reportedly met Prince Charles at a polo match in Windsor in 1970 and they became friends. From left are Camilla, Charles, Queen Elizabeth II, Prince Louis, Duchess Catherine, Princess Charlotte, Prince George and Prince William.

☆ Mark Cuban says he's losing nearly 1,000 Twitter followers a day—and paying $8 for a blue check hasn't helped
▼ + stars: | 2023-04-29 | by ( Megan Sauer | ) www.cnbc.com time to read: +3 min

And his experiment to fix the problem — paying for Twitter Blue, which costs $8 per month, to give his account the blue checkmark it used to sport for free — isn't working. Last month, he asked Twitter CEO Elon Musk in a tweet for suggestions on how to "retain or grow" his follower count. In December, Musk tweeted Twitter was "working on a software update" where users would be able to see if their accounts were shadow-banned or not. "We're rapidly improving transparency & fairness on this platform, but there is still a lot of work to do," Musk tweeted on Monday. The act damaged the blue checks' value by making them both less exclusive and less credible, Cuban suggested.

☆ Bitcoin keeps wavering between a store of value and a high-risk asset. How investors square that with their traditional investments.
▼ + stars: | 2023-04-28 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +5 min

"If you make an investment into bitcoin, you understand that this is par for the course, it just is," he told CNBC. "Because bitcoin takes on a lot of asset profiles – risk asset, store of value, VC-like nascent asset class – investing in it is actually really attractive," said Greg King, CEO of investment company Osprey Funds. A very early technology play Looking at the price path on short timeframes, bitcoin will and often does mimic high-risk assets. Ross had a nuanced view, arguing that bitcoin remains a highly volatile asset. New crypto investors often overlook the Bitcoin technology, focusing instead on bitcoin the crypto asset.

Search resuls for: "Mark C"

25 mentions found