DIRS.INFO The most relevant business & tech news

☆ Ivanka Trump and Jared Kushner knew the 2020 election wasn't stolen and began to distance themselves before the results were even called, a new book says
▼ + stars: | 2022-09-28 | by ( Peter Baker | Susan Glasser | ) www.businessinsider.com time to read: +17 min

In their new book, journalists, Peter Baker and Susan Glasser go behind the scenes of the Trump White House. As the 2020 election results came in, Jared Kushner and Ivanka Trump had already moved on, the book says. They had their own future to think about, one that would no longer involve the White House. While still in the White House, he began writing a memoir focused on Middle East peacemaking. "We either have a vote WE control and WEwin OR it gets kicked to Congress 6 January 2021," Don Jr. wrote.

☆ Can a lesbian in Texas be the next 'queen of country music'? 'Monarch' star Beth Ditto gives it a shot
▼ + stars: | 2022-09-27 | by ( Max Gao | Max Gao Is A Freelance Journalist Based Out Of Toronto. He Has Written For The New York Times | Nbc News | ) www.nbcnews.com time to read: +7 min

As a multiplatinum recording artist and the frontwoman of the indie rock band Gossip, Beth Ditto knows a thing or two about the cutthroat nature of the music industry. I know this person,’” Ditto, who hails from a liberal family of nine in Arkansas, told NBC News in a recent video interview. I grew up with country music. But I never changed the way that I was.”But Ditto also recognized the dearth of positive representation she had growing up. “We were in Hawaii with [record producer] Rick Rubin, and we made the record, and it’s been cooking,” Ditto said.

☆ Google says shared network costs is 10-year-old idea, bad for consumers
▼ + stars: | 2022-09-26 | by ( Foo Yun Chee | ) www.reuters.com time to read: +2 min

FILE PHOTO: The logo for Google LLC is seen at the Google Store Chelsea in Manhattan, New York City, U.S., November 17, 2021. REUTERS/Andrew Kelly/BRUSSELS, Sept 26 (Reuters) - Alphabet (GOOGL.O) unit Google on Monday rebuffed a push by European telecoms operators to get Big Tech to help fund network costs, saying it was a 10-year-old idea that was bad for consumers and that the company was already investing millions in internet infrastructure. Register now for FREE unlimited access to Reuters.com RegisterThe idea, floated more than 10 years ago, could disrupt Europe's net neutrality or open internet access, Brittin said. "In 2021, we invested over 23 billion euros in capital expenditure - much of which is infrastructure," Brittin said. Register now for FREE unlimited access to Reuters.com RegisterReporting by Foo Yun Chee; Editing by Alex RichardsonOur Standards: The Thomson Reuters Trust Principles.

☆ From quantum computing to augmented reality, here's how 10 top Wall Street firms are looking to use cutting-edge tech
▼ + stars: | 2022-09-26 | by ( Carter Johnson | Bianca Chan | ) www.businessinsider.com time to read: +3 min

JPMorgan is preparing for a quantum futureDavid Castillo, Andrew J. Lang, and Marco Pistoia. The difference could allow users of the tech to process algorithms and execute calculations at blistering speeds. That's because quantum computing uses quantum mechanics, a kind of physics that leverages quantum bits, or qubits, instead of ones and zeros used by classic computers. But JPMorgan researchers say there are signs the industry is getting close to the point where quantum computers can process real-world problems faster than classic computers, often referred to as quantum advantage. The platform, run by Castillo, is also hardware-agnostic, meaning it can interface with quantum computers from different providers without needing to rewrite the application code.

☆ Credit Suisse bankers are preparing for 'Uli the Knife' to carve up the investment bank.
▼ + stars: | 2022-09-26 | by ( Aaron Weinman | ) www.businessinsider.com time to read: +5 min

It's a tense time for many insiders at Credit Suisse. One person told me it's a case of "rinse and repeat," as Credit Suisse undergoes its second strategic review in less than a year. Law firm sued Credit Suisse over claims it misled investors on business dealings related to Russian oligarchs. Among the plans reported to be under consideration are a three-way split of the investment bank, according to the Financial Times. Under Chief Executive Ulrich Körner, Credit Suisse wants to transform its investment bank into a "capital-light, advisory-led banking business."

☆ Cubans head to polls to vote on government-sponsored code to legalize gay marriage, adoption
▼ + stars: | 2022-09-25 | by ( ) www.reuters.com time to read: +3 min

referring to a family code referendum to take place on September 25, is displayed in Havana, Cuba, September 19, 2022. Register now for FREE unlimited access to Reuters.com Register"My expectation is that most of the population will vote 'yes'," Diaz-Canel said. The code, which has undergone 25 drafts, nearly 80,000 townhall-style meetings and 300,000 suggestions from the public, is expected to draw millions of Cubans to the polls. There are no independent, outside observers of Cuban elections, however, citizens may observe the count at their precincts immediately following the vote. "The vote will be close ... aspects of this code have divided the opinions of the public, even families," she said.

☆ Parents of Donor-Conceived Children Face New Calls for Candor
▼ + stars: | 2022-09-24 | by ( Amy Dockser Marcus | ) www.wsj.com time to read: 1 min

Parents of children conceived from donated sperm, eggs or embryos can be reluctant to tell their kids about their genetic origins out of concern that doing so would compromise the parents’ privacy or upend family harmony. These mothers and fathers are facing pressure to change. Research now shows that donor-conceived people fare better emotionally when they learn about their origins early on. And states are starting to enact laws that require people intending to make use of donor gametes or embryos be informed about the importance of telling donor-conceived children about their origins.

☆ House Democrats Ask Who Will Lead Them After the Election
▼ + stars: | 2022-09-22 | by ( Natalie Andrews | ) www.wsj.com time to read: 1 min

WASHINGTON—Democrats’ improved but still slim prospects for keeping control of the House are further clouding the party’s opaque leadership succession plans. In interviews with more than two dozen lawmakers and aides, Democrats said they expect the party’s top three leaders to step aside if their party loses the majority in the midterm elections. But House Speaker Nancy Pelosi (D., Calif.) and her lieutenants, all in their 80s, haven’t said if they see it that way. While election analysts still favor Republicans to win the chamber this fall, a surprise victory by Democrats in November could upend all bets.

☆ Dozens of Trump’s phony electors, many under investigation, still hold powerful GOP jobs in key states
▼ + stars: | 2022-09-21 | by ( Natasha Korecki | Kaitlyn Francis | Natasha Korecki Is A Senior National Political Reporter For Nbc News. | ) www.nbcnews.com time to read: +13 min

Law enforcement activity has not pushed these false electors from their political perches. Al Drago / Bloomberg via Getty ImagesAll told, 23 of those false electors hold positions of power within their Republican parties. Then there are additional actors that didn’t serve in the slate of false electors themselves but were instrumental in the scheme. Others hold positions of power within the state GOP, including Shafer, who is chair; Joseph Brannan, state GOP treasurer; Vikki Consiglio, the state party’s assistant treasurer; and Ken Carroll, the assistant secretary. On June 21, federal agents scattered across key states to deliver subpoenas to those who acted as Trump electors.

AcuityMD helps medtech companies sell their products to doctors more efficiently. Total funding: $38 millionWhat it does: AcuityMD provides software to medical-device companies designed to improve how they sell their products to doctors. AcuityMD assists teams in marketing their products to doctors and training those doctors to use the devices. "As B2B enterprise sales scale in sophistication, medical-technology companies have been underserved by their software," Effron said. "AcuityMD changes this and brings best-in-class enterprise software tools to the medical-technology industry."

Investors nominated startups both inside and outside of their own portfolios. Check out the 61 startups identified as the most promising fintechs. Startups that were nominated included a mix of investors' portfolio companies and ones they have no financial interest in. In total, 61 startups that haven't raised beyond a Series B round were identified. Many investors noted B2B startups are one of the biggest bright spots in the sector as businesses and financial institutions continue to streamline their processes and cut costs where they can.

The National Hurricane Center said Puerto Rico could get 12 to 18 inches of rain, with 30 inches possible in some areas. Nelson Cirino secures the windows of his home Sunday as the winds of Hurricane Fiona blow in Loiza, Puerto Rico. He said the first responders were prepared to be in Puerto Rico for as long as two weeks. Biden was briefed on the situation in Puerto Rico during his trip abroad, a senior administration official said. Nelson Cirino looks in his bedroom Sunday after Hurricane Fiona tore the roof off his house in Loiza, Puerto Rico.

☆ JPMorgan is trying to harness the power of quantum-computing to solve problems at lightning speed, from options pricing to fraud detection
▼ + stars: | 2022-09-08 | by ( Bianca Chan | Carter Johnson | ) www.businessinsider.com time to read: +5 min

As an emerging alternative to the traditional computer, JPMorgan execs believe quantum computing could upend how finance firms perform computations. Unlike classical computers, which can store only a one or a zero, quantum computers use quantum bits, or qubits. Qubits can store multiple values at the same time, which theoretically gives the quantum computers big speed advantages. Meanwhile, Fidelity has been exploring the potential of quantum computing in wealth management. Wells Fargo, too, has invested in quantum computing to process complex data structures used for fraud detection.

☆ 3 of Trump's high-profile Senate picks — Dr. Oz, Herschel Walker, and JD Vance — are in serious trouble despite a favorable 2022 midterm climate for the GOP
▼ + stars: | 2022-07-19 | by ( Jake Lahut | ) www.businessinsider.com time to read: +9 min

A seemingly dormant Mehmet Oz campaign has struggled to unify the MAGA base in Pennsylvania. "Since Dr. Oz's victory remarks on June 9th, he has been to over 75 events," Oz campaign spokesperson Brittany Yanick told Insider in a statement. The Oz campaign would not say when it has plans to launch new TV ads. The Vance campaign responded to Insider's request for comment by attacking Rep. Tim Ryan. "It's why Democrats have a chance of holding onto the Senate," he told Insider, "is just the horrible class of candidates they've nominated."

☆ Biden names board to help end freight railroad and union contract disputes
▼ + stars: | 2022-07-18 | by ( David Shepardson | ) www.reuters.com time to read: +2 min

[1/4] A commercial freight train carries a load of shipping containers at the Port of Savannah, Georgia, U.S. October 17, 2021. REUTERS/Octavio JonesJuly 17 (Reuters) - U.S. President Joe Biden on Sunday named the members of an emergency board tasked with helping resolve disputes between freight rail carriers and their unions, the White House said. read moreBiden named Ira F. Jaffe to chair the presidential emergency board. If Biden had not created the board by Monday, railroads and unions could have opted for operational shutdowns or strikes, respectively. Talks between major freight railroads, including Union Pacific (UNP.N) and Berkshire Hathaway (BRKa.N)-owned BNSF, and unions representing their workers have dragged on for more than two years.

☆ What to know about the booming psychedelics industry, where companies are racing to turn magic mushrooms and MDMA into approved medicines
▼ + stars: | 2022-06-30 | by ( Yeji Jesse Lee | ) www.businessinsider.com time to read: +17 min

In the early days of the industry, nonprofits and scrappy startups made up the psychedelics space. Research on compounds like psilocybin, the active compound found in magic mushrooms, and MDMA is resurfacing after years of neglect amid the war on drugs. Soon, VC firms focused on psychedelics companies began to emerge. Some psychedelics VCs, however, are still wary about entering the newest psychedelics space: Oregon's soon-to-be-legal magic mushroom market. Insider published a list of the psychedelics startups that raised the most cash in 2020.

☆ America's Overachievers Are Finally Leaning Back
▼ + stars: | 2022-03-02 | by ( Aki Ito | ) www.businessinsider.com time to read: +13 min

Today, Justin is working the least he ever has: 40 hours a week. But what these executives are missing is that some employees don't want to pal around with their coworkers. In peak hustle culture, work was where we expected to find everything we needed to live the good life: joy, purpose, community. Then he started billing for 40 hours a week of labor that often took him only a few hours to complete. But after nine months of leaning back, a solid 40 hours is starting to look pretty attractive.

☆ A sentence that never ends: How probation kept a Pennsylvania man locked up through the pandemic — even after his release date
▼ + stars: | 2022-02-04 | by ( Charles R. Davis | ) www.businessinsider.com time to read: +39 min

He was still a teenager when, a year after his school went under, he graduated to a new form of state supervision. Inmates walk the hallways during a media tour of the Curran-Fromhold Correctional Facility in Philadelphia, Pennsylvania, August 7, 2015. And such violations have bloated the probation system, with roughly 250,000 people now subject to restrictions on their freedom. Philadelphia District Attorney Larry Krasner listens during a press conference announcing Danielle Outlaw as the new Police Commissioner on December 30, 2019 in Philadelphia, Pennsylvania. Pennsylvania State Senator Katie Muth was elected in the 2018 "blue wave," defeating the incumbent Republican.

☆ I moved from California to New York City with just 3 months' savings to boost my career as an influencer. Here's my advice to anyone thinking of doing the same.
▼ + stars: | 2021-07-23 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +4 min

YouTuber Elena Taber moved to New York City from California in 2018, when she was 21 years old. She'd only visited once and knew one person nearby, but she knew it would open doors for her career. "A few months before graduation, I was like, you know what, I think I'm going to move to New York City in the fall." "I just kind of hit the ground running where I thought, OK, let me learn the city," she said. As a YouTuber, Taber knew moving to New York would open doors for herTaber said moving to New York was tough because she is naturally more shy and introverted.

☆ Andy Jassy officially starts as Amazon CEO today. Insiders describe his 'CHOP' meetings, micromanagement, and 'Nice' emails.
▼ + stars: | 2021-07-05 | by ( Eugene Kim | Ashley Stewart | ) www.businessinsider.com time to read: +22 min

On July 5, Andy Jassy officially became Amazon CEO, succeeding Jeff Bezos, who steps into the position of executive chairman. When Amazon Web Services CEO Andy Jassy has a big decision to make, it usually comes at the Chop. "If you go to a Chop meeting with Andy, you better be ready," one former senior-level employee told Insider. Though he's one of the longest-serving executives at Amazon and a close confidant of CEO Jeff Bezos, Jassy still remains relatively little-known outside tech circles. Early on in the pandemic, Jassy told AWS employees that "the world is relying on Amazon," according to an email seen by Insider.

Persons: Andy Jassy, Jeff Bezos, Jassy, Andy, —, Dan Ives, Bezos, It's, Jassy's, Steve Ballmer, Satya Nadella, Travis Kalanick, he's, Dave Matthews, Rothschild, Scott Chancellor, who's, let's, Jeff, Taimur Rashid, AWS's, Rashid, it's, Tim Bray, Bray, Marc Benioff, Salesforce, Chancellor, MARK RALSTON, He's, Trump, Donald Trump's, Jeff Wilke, it'll, didn't, Ashley Stewart, Eugene Kim Organizations: Amazon, Amazon Web, Seattle, Charterhouse, Wedbush Securities, Services, AWS, they're, Harvard, New York Times, Redis Labs, Amazon ., Getty, Lawmakers, Defense Department, Microsoft, Black, Google, Netflix, Black Employee Network, African, Lambda, Web Services Locations: Parma, Jassy, manila, Bezos, AFP, DynamoDB

Search resuls for: "upend"

20 mentions found