DIRS.INFO The most relevant business & tech news

Based in Palo Alto, California, Tidal was started by technology bankers David Handler and David Neequaye. Their firm, which employs just two dozen people according to its website, was the sole financial adviser to Cisco, while larger investment banking peers Qatalyst Partners and Morgan Stanley (MS.N) advised Splunk. Tidal's win comes as more technology bankers decide to launch their own firm amid an overall slowdown in dealmaking in the sector. Three former Qatalyst Partners bankers launched a new technology-focused investment banking boutique called AXOM Partners earlier this week, Reuters reported. The group went on to advise other major technology companies including Cisco, Qualcomm Inc (QCOM.O) and Twilio Inc (TWLO.N).

Persons: Centerview Partners dealmakers, David Handler, David Neequaye, Qatalyst, Morgan Stanley, MS.N, Splunk, David, Handler, we've, Chuck Robbins, Tidal's, Neequaye, Centerview, Milana Vinn, Anirban Sen Organizations: Centerview Partners, Cisco Systems Inc, Splunk Inc, Cisco, Qatalyst Partners, AXOM Partners, Reuters, Qualcomm Inc, Twilio Inc, UBS Group AG, Thomson Locations: Palo Alto , California, New York

☆ Cisco working with M&A firm Tidal to acquire cybersecurity firm Splunk in $28 billion deal
▼ + stars: | 2023-09-21 | by ( ) edition.cnn.com time to read: +1 min

A new mergers and acquisitions advisory firm launched last year by former Centerview Partners dealmakers has scored a big win by advising Cisco Systems on its $28 billion acquisition of cybersecurity firm Splunk. Based in Palo Alto, California, Tidal Partners was started by technology bankers David Handler and David Neequaye. “We’ve known David (Handler) and his partner David (Neequaye) for a very long time. Handler and Neequaye helped launch Centerview’s technology advisory group in 2008. The group went on to advise other major technology companies, including Cisco, Qualcomm Inc and Twilio.

Persons: Centerview Partners dealmakers, David Handler, David Neequaye, Qatalyst, Morgan Stanley, Splunk, Handler, “, David, we’ve, Chuck Robbins, Tidal’s, Neequaye, Bloom, Centerview Organizations: Centerview Partners, Cisco Systems, Tidal Partners, Cisco, Qatalyst Partners, NDS Group, AXOM Partners, Reuters, Qualcomm Inc, G2K, UBS Group Locations: Palo Alto , California, Centerview

The head of the Anti-Defamation League said in a post on X on Thursday that he was in touch with Adidas CEO Bjorn Gulden who apologized for his remarks about Kanye West and reiterated the sportswear company's fight to end antisemitism. “I think Kanye West is one of the most creative people in the world,” Gulden said in an episode released Sept. 12. “Very unfortunate, because I don’t think he meant what he said and I don’t think he’s a bad person. In a statement emailed to The Associated Press on Thursday, Adidas confirmed that the company had been in touch with ADL. Almost a year ago, Adidas ended a major partnership with Ye over his statements, discontinued Ye’s line of Yeezy shoes and moved up the planned departure of its CEO.

Persons: Bjorn Gulden, Kanye, Jonathan Greenblatt's, Gulden's, Ye, “, Gulden, Greenblatt, ”, Ted Deutch, David Hamilton Organizations: Defamation League, Adidas, Associated Press, ” Adidas, Jewish, AP Locations: “, San Francisco

☆ Why former Goldman Sachs partners say they left the firm
▼ + stars: | 2023-09-20 | by ( Dakin Campbell | ) www.businessinsider.com time to read: +23 min

Goldman Sachs partners are leaving — some 202 during David Solomon's five years as CEO by Insider's calculation. In particular, before Solomon, Goldman nurtured many fiefs and then spread the wealth from the most successful ones across the firm. Of the former Goldman executives that Insider interviewed, here are the most cited reasons they gave for leaving Goldman. When both men struggled, senior partners left, and Goldman stumbled in its efforts to wind down its balance-sheet investments. Goldman Sachs partners are paid well by any standard: $950,000 in base salary and often multiples of that in annual bonuses.

Persons: Goldman Sachs, David Solomon's, Solomon, Goldman, David Solomon, John Waldron, Goldman's, Adebayo Ogunlesi, Mike Mayo, Andrew Toth, Devin Ryan, Ryan, Waldron, Tony Fratto, Mike Blake, Eric Lane, Julian Salisbury, Lane, Luke Sarsfield, Sarsfield, Marc Nachmann, he's, Fratto, Stephanie Cohen, Cohen, Kathy Ruemmler, Charles Dharapak, Barack Obama's, Kenneth Lay, Jeffrey Skilling, Ruemmler, Unbeknown, Jeffrey Epstein, dealmaking, David S, Holloway, Mayo, David doesn't, GreenSky, Brendan McDermid, It's, Alison Mass, Hank Paulson, Russell Horwitz, David, it's, Emmalyse Brownstein Organizations: Wall, JPMorgan, Wells, Wells Fargo Securities, Investors, Goldman, AWM, Sarsfield, BAE Systems, Justice Department, Street Journal, Bloomberg, Employees, Partners, Federal Reserve, United Capital Financial Partners, Reuters, GreenSky Locations: New York, Wells Fargo, Salisbury, Manhattan, Texas, Plano, London, Paris, Chicago

☆ UAW Strike Collides With Biden’s Manufacturing Agenda
▼ + stars: | 2023-09-19 | by ( David Harrison | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/autos/uaw-strike-biden-manufacturing-agenda-dc6e90f5

Persons: Dow Jones Organizations: uaw, biden

☆ Comedian Larry David confronted Elon Musk at a wedding about voting Republican: 'Do you just want to murder kids in schools?'
▼ + stars: | 2023-09-19 | by ( Grace Kay | ) www.businessinsider.com time to read: +3 min

Larry David had harsh words for Elon Musk for supporting the Republican Party, a new biography said. The "Curb Your Enthusiasm" creator asked Musk: "Do you want to just murder kids in schools?" David made the comments at a wedding that took place days after the Uvalde school shooting. AdvertisementAdvertisementIsaacson wrote that Musk was "baffled and annoyed" by the question, and said he's "anti-kid murder." "Then how could you vote Republican?"

Persons: Larry David, Elon Musk, David, Walter Isaacson's, Isaacson, Musk, Ari Emanuel, Uvalde, Emanuel, Tucker Carlson, Biden, didn't, Ron DeSantis, Alan Dershowitz, Donald Trump, Page, Emanuel's, —, Ari Gold Organizations: Republican Party, Service, Endeavor, Democratic Party, Republican, Twitter, Republican Gov, Harvard, HBO, Tesla Locations: Wall, Silicon, Uvalde , Texas, California, Florida, Saint

☆ Moscow has been surrounded by air defenses for a century, but they were never designed to stop the drones Ukraine is using now
▼ + stars: | 2023-09-17 | by ( David Hambling | ) www.businessinsider.com time to read: +11 min

In recent months, Moscow has seen high-profile drone attacks thought to be launched by Ukraine. Moscow has had air defenses for a century, but they haven't been designed for what Ukraine is doing. This is actually the inner defensive ring: The A135 system originally had an outer ring of 51T6 Gorgon missiles with megaton-class warheads. STR/NurPhoto via Getty ImagesAs far back as this January, Russian planners realized that Moscow was wide open to drone attacks. AP PhotoThe first drones hit Moscow in May, with waves of subsequent attacks continuing through July, August and September.

Persons: Yuriy Shipilov, Sefa, David Hambling Organizations: Ukraine, Service, UK's Ministry of Defense, Central Press, Kremlin, Ballistic, US Safeguard, Sprint, Spartan, Anadolu Agency, Getty, 1st Air Defense Army, National Security, Russian Federation, Aerospace Defense, Ministry of Defense, SA, Defense Ministry, Arsenal, Fatherland, Moscow Investigators, AP, Aviation, Forbes, The, New, Popular Mechanics, WIRED Locations: Moscow, Ukraine, Wall, Silicon, Filatov Lug, Lug, American, North Dakota, Soviet, Crimea, Syria, Libya, Russian, London

☆ Voters Feel Better About the Economy, but Few Credit Biden, Polls Find
▼ + stars: | 2023-09-11 | by ( Tarini Parti | David Harrison | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/politics/policy/voters-feel-better-about-the-economy-but-few-credit-biden-polls-find-3c7d98c9

Persons: Dow Jones, biden

PITTSBURGH (AP) — Dr. Richard W. Moriarty, a retired pediatrician from Pittsburgh who helped create the bright green Mr. Yuk sticker that warns kids away from poisonous substances, has died. Moriarty passed away on Thursday, according to Jeffrey Fugh of the funeral home John A. Freyvogel Sons Inc., which is handling arrangements in Pittsburgh. Moriarty was involved in establishing and developing the Pittsburgh Poison Center, where he served as director. He told the newspaper that the response by children in focus groups to the Mr. Yuk sticker's sickly green color and upset face was instrumental — "the Mr. Yuk symbol was designed by kids for kids.” The poison awareness campaign began in 1971. Visitation is Sunday and Monday, with a private funeral on Tuesday.

Persons: Dr, Richard W, Moriarty, Yuk, Jeffrey Fugh, John A, David Hairhoger Organizations: PITTSBURGH, Inc, Pittsburgh Poison Center, UPMC, Pittsburgh Post, Gazette, University of Pittsburgh, Carnegie Museum of, Pittsburgh Public Theater Locations: Pittsburgh, UPMC Shadyside, Pittsburgh's Lawrenceville

☆ The Government Has a Bridge to Sell You. Or Give You.
▼ + stars: | 2023-09-05 | by ( David Harrison | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/lifestyle/travel/bridges-infrastructure-truss-civil-engineering-70afdb51

Persons: Dow Jones

☆ Following Donald Trump, GOP Candidates Talk Tough on Trade
▼ + stars: | 2023-08-30 | by ( Alex Leary | David Harrison | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/politics/following-donald-trump-gop-candidates-talk-tough-on-trade-7775297

Persons: Dow Jones

☆ ‘Gran Turismo’ Review: Once Upon a Pair of Sticks
▼ + stars: | 2023-08-24 | by ( Nicolas Rapold | ) www.nytimes.com time to read: +1 min

Since the late 1990s, the Gran Turismo racing games for PlayStation have brought in billions of dollars, rivaling the box-office bounties of some movie franchises. It was only a matter of time before a movie offshoot arrived, following in the tracks of other live-action adaptations of PlayStation games, including last year’s “Uncharted.” “Gran Turismo” the movie tells the true (but unlikely) story of Jann Mardenborough, a Gran Turismo maven who became a professional racer of actual cars on actual tracks. Mardenborough’s leap from pixels to asphalt was an effective advertisement for Gran Turismo as more than a game, but his transition wasn’t all smooth. After Jann’s father (Djimon Hounsou) says there’s no future in gaming and brings Jann to his job at a rail yard, Jann goes off and wins a contest held by Nissan to recruit promising Gran Turismo players. Once again Jann exceeds expectations and beats out a more TV-ready competitor for the chance to race professionally.

Persons: Jann Mardenborough, Neill Blomkamp’s, Jann, Archie Madekwe, Madekwe’s Jann, Jann’s, Djimon, Geri Halliwell Horner, David Harbour, Orlando Bloom Organizations: Gran Turismo, PlayStation, Turismo, Gran Turismo maven, Nissan Locations: Cardiff, Wales

☆ Hidden investors took over Corizon Health, a leading prison healthcare company. Then they deployed the Texas Two-Step.
▼ + stars: | 2023-08-21 | by ( Nicole Einbinder | Dakin Campbell | ) www.businessinsider.com time to read: +63 min

The nurse practitioner on duty that day was employed by Corizon Health, Inc., one of the nation's largest private prison healthcare providers. Under federal law, a bankruptcy judge may respond to evidence of self-dealing or perjury by appointing a trustee to take control of the bankrupt company, bankruptcy experts told Insider. Just six months before the Garcia family was scheduled to have their day in court, Corizon filed for bankruptcy. "The Corizon bankruptcy is presently in a court ordered mediation, and we are seeking a global resolution for all the parties involved." Goldberger's attorney, Joseph Haspel, responded to queries with a statement saying that "Mr. Goldberger is a passive investor" in Corizon, Tehum, YesCare, Perigrove, and Perigrove 1018.

Persons: Hector Garcia, Garcia, wriggling, Adria Malcom, Corizon, Bryan Baker, —, Doña Ana, Corizon ., Garcia's, Daniel Jimenez, Gina Macias, Belen Lowery, Hector Garcia , Jr, it's, Johnson, Tehum, Sen, Elizabeth Warren, I've, Isaac Lefkowitz, James Hyman, YesCare, Lefkowitz, Ian Cross, Lynn LoPucki, Tracey Grissom, William Kelly, Kelly, Hector Garcia Jr, Hector Jr, Ricky, he'd, Hector Garcia's, Ana County , New Mexico Hector Jr, Matt Coyte, Coyte, Hyman, didn't, Sara Tirschwell, Kholood, Tirschwell, Jason S, Ana County, Nick Tomecek, Christopher Atkinson, Wendy McGee, McGee, Stephanie Kiger, Anita Skipper, Atkinson, He's, Simche Steinberger, England, Steinberger's, Steinberger, Michael Flacks, Sylvia Jarrus, Cross, he's, David Gefner, Abraham Goldberger, Gefner, Perigrove, Terrence A, they'd, Oved, Goldberger, CHS Dana Anna, Flacks, Moneyman, Joel Landau, Joseph Haspel, Haspel, Andrew Levander, Landau, James Hyman's, It's, Genesis, David Harrington, Bill de Blasio, there'd, Hindenburg, David Paterson, Mark Roe, availing, Dick Durbin, Gefner . Lefkowitz, Tirschwell —, Davidson Kempner, Tim Hunter, Tirschwell's, catastrophically, Tirschwell's playbook, Jeff Sholey, Sholey, Steven Storch, Daniel's Organizations: Detention, Insider, Corizon Health, Inc, Housing, University of Missouri Health Care, Arizona Department of Corrections, Rehabilitation, Senate Banking Committee, Court, Middle, University of Florida, Alabama, futon, Health Services, New, Arizona, BlueMountain Capital Management, Flacks, Revenue, Corizon, New York Times, Tehum Care Services, CHS, YesCare Holdings, Okaloosa, Wyoming Department of Corrections, University of West, YesCare, Public, Alabama Department of Corrections, . Alabama Department of Corrections, Tehum, US, University of Missouri, LinkedIn, Flacks Group, Consulate Health Care, Justice Department, YesCare Corp, United Staffing Solutions, Charlotte, CHS Okaloosa, United, Solutions, Pharmacorr, Trade Center, Securities and Exchange Commission, Hindenburg Research, Alabama Department, Corrections, Geneva Consulting, Genesis Healthcare, Trade, Geneva, New York Stock Exchange, Pinta Capital Partners, The, Pinta Capital, New York Gov, Staffing Solutions, DG Realty, Harvard Law School, ACLU, Public Justice, Lawyers, Seven Trade, World Trade, Gefner, Southern, Southern District of Texas, The Alabama Department of Corrections, Southern Poverty Law Center, Medicare, Services, Quest Turnaround Advisors, New York City, Republican, city's Campaign Finance, CFB, Campaign Finance, Finance Locations: Ana, Las Cruces , New Mexico, facility's, Doña, Jimenez's, Las Cruces, Houston, New, Rockland County, Texas, Middle District, Tennessee, Michigan, Virginia, New York, Oregon, Idaho, New Mexico, Ana County , New Mexico, Corizon, Florida, New York City, A, York, Nashville, Missouri, Brentwood , Tennessee, Delaware, Okaloosa, Florida's panhandle, Okaloosa County, Okaloosa County , Florida, University of West Florida, YesCare, Wyoming, Shawnee County , Kansas, Bernalillo County , New Mexico, Tehum, Perigrove, Suffern, Brooklyn, America, Manhattan, Suffern , New York, Geneva, nonpayment, United States, Rivington, Alabama, Southern District, Wexford, Maine, Corizon's Texas, Mexico, Tirschwell's, YesCare Corp

☆ Russia has lost more than 2,200 tanks in Ukraine, and it may be reaching the limit of its ability to 'rebuild' older ones
▼ + stars: | 2023-08-21 | by ( David Hambling | ) www.businessinsider.com time to read: +10 min

Russia has lost more than 2,200 main battle tanks since invading Ukraine in February last year. Russian storage depots are deep, but they don't have an unlimited supply of armor to throw into a new fight. In fact, Russia is rebuilding tanks rather than building them, and their capacity to do so may be reaching its limit. Russia has vast stockpiles of old tanks, from T-90s barely 20 years old to rusting T-62s from the 1960s. More importantly, Russia's supply of old tanks for rebuilding is showing signs of running down.

Persons: Alexander Zemlianichenko, Stalin, UVZ, Sergio Miller, Abrams, ANATOLII STEPANOV, Shoigu, Putin's, Dmitry Medvedev, OLGA MALTSEVA, Jakub Janovsky, Medvedev, Nobody, Putin, David Hambling Organizations: Service, Russia, Victory Day, AP, Stalin Ural Tank, British Army, Sierra Army, Omsk Transport Machine Factory, —, Getty, Defence, Moscow Times, Chelyabinsk Tractor Plant, Aviation, Forbes, The, New, Popular Mechanics, WIRED Locations: Russia, Ukraine, Wall, Silicon, AP Russia, Nizhny Tagil, Moscow, Stalin Ural, Doyle , California, Omsk, St Petersburg, Siberia, Venezuela, Vietnam, Nicaragua, Russian, Rostov, Izyum, AFP, OmskTransMash, Laos, St . Petersburg, Buryatia, Mongolia, Urals, USSR, Germany, Kremlin, London

☆ David Wainer — Columnist at The Wall Street Journal
▼ + stars: | 2023-08-17 | by ( David Wainer | ) www.wsj.com time to read: 1 min

David WainerDavid Wainer is a Heard on the Street columnist based in New York, where he writes about healthcare. David spent over a decade as a correspondent in Israel before moving to New York in 2018. He was awarded the Elizabeth Neuffer gold prize in 2019 for his coverage of China's effort to reshape the United Nations during the Donald Trump presidency. David was born and raised in Rio de Janeiro, Brazil. David has a bachelor's degree in finance from Boston University's Questrom School of Business.

Persons: David Wainer David Wainer, David, Elizabeth Neuffer, Donald Trump Organizations: Bloomberg News, United Nations, Boston University's Questrom School of Business Locations: New York, Israel, Rio de Janeiro, Brazil

CNN —President Joe Biden is using the presidential retreat at Camp David to help with a diplomatic mission – hosting the first-ever trilateral summit with Japan and South Korea, two countries that are putting aside a fraught history in the face of shared security challenges. The gathering will mark the first time Biden is hosting foreign leaders at the Camp David retreat, a site of historic diplomatic negotiations for past presidents. From the start of his administration, Biden has sought to draw Asian allies like Japan and South Korea closer, in part, to counter an ascendant China. Biden’s first foreign leader visits at the White House were Japan and South Korea, and he visited the countries back-to-back in May 2022. Biden has worked to foster his individual relationships and cooperation with South Korea and Japan.

Persons: Joe Biden, David, Fumio Kishida, Yoon Suk, Biden, ”, Camp David, Yoon, ” Rahm Emanuel, Biden’s, Jake Sullivan, Kishida, “, ” Biden, serenaded, Don McLean, Yoon’s, Yoon Ki Jung, Franklin D, Roosevelt, Dwight D, Eisenhower, Winston Churchill, Jimmy Carter’s, Bill Clinton, Ehud Barak, Yasser Arafat, Barack Obama, Donald Trump Organizations: CNN, Japanese, South, Camp, Japan, Brookings Institution, ”, White, NATO, Korean, US, White House, South Korean, British, Camp David Accords, Israeli Locations: Japan, South Korea, North Korea, China, Catoctin, Maryland, Seoul, Tokyo, Korea, Korean, Pyongyang, Beijing, Madrid, Hiroshima, Annapolis , Maryland, Ukraine, Washington, Delaware, Israel, Egypt

☆ Biden nods to Camp David history by inviting Yoon, Kishida
▼ + stars: | 2023-08-17 | by ( Steve Holland | ) www.reuters.com time to read: +4 min

Most famously, President Jimmy Carter brokered the Camp David accords in 1978 between Egyptian President Anwar al-Sadat and Israeli Prime Minister Menachem Begin. The first foreign leader to visit Camp David, then known as "Shangri-La," was British Prime Minister Winston Churchill who was there for World War Two talks with Roosevelt. Eisenhower, who named Camp David for his father and grandson, would grill steaks for family and friends. One time George W. Bush hosted Russian leader Vladimir Putin at Camp David and introduced Putin to his Scottish terrier, Barney. The seemingly mundane at Camp David can sometimes erupt into major headlines, like the time President George H.W.

Persons: Joe Biden, Vladimir Putin, Biden, David, Camp David, Japan's Fumio, Korea's Yoon Suk Yeol, Franklin Roosevelt, Jimmy Carter, Anwar al, Sadat, Menachem Begin, Winston Churchill, Roosevelt, Churchill, Nikita Krushchev, Dwight Eisenhower, Bill Clinton, Ehud Barak, Yasser Arafat, Arafat, Clinton, ” Clinton, “, ”, Harry Truman, Ronald Reagan, Donald Trump, Eisenhower, George W, Bush, Carter, Putin, Barney, George H.W, Marlin, Marlin Fitzwater, Steve Holland, Heather Timmons, Grant McCool Organizations: U.S, ., ROK, Works Progress Administration, Israeli, British, Cuban Missile Crisis, White, Camp, Thomson Locations: Ukraine, Camp, Thurmont, WASHINGTON, Japan, South Korea, Maryland, U.S, Laurel Lodge, Aspen Lodge, Roosevelt . U.S, Catoctin, Soviet, Russian, Russia

☆ Google A.I. researcher says he left to build a startup after encountering 'big company-itis'
▼ + stars: | 2023-08-17 | by ( Jordan Novet | ) www.cnbc.com time to read: +4 min

Sakana AI founders Llion Jones, left, and David Ha, meet at a rooftop bar in Tokyo. Jones, a co-author of Google's prominent Transformers research paper, is the generative AI research lab's technology chief, and Ha, a former Google research scientist, is its CEO. He was one of eight authors of the pivotal Transformers research paper, which is central to the latest in generative artificial intelligence. He's joining fellow ex-Google researcher David Ha to build a generative AI research lab in Tokyo called Sakana AI. The T stands for Transformers, an architecture behind much of today's frenetic generative AI activity.

Persons: Llion Jones, David Ha, Jones, He's, Ha, Sakana, OpenAI, they've Organizations: Google, itis, CNBC, University of Birmingham, YouTube, Microsoft Locations: Tokyo, Ha

Aug 17 (Reuters) - Two prominent former Google (GOOGL.O) researchers, one of whom was a co-inventor of the “transformer” artificial intelligence architecture that paved the way for the generative AI boom, announced on Thursday they had started a new AI company based in Tokyo. Sakana AI, founded by David Ha and Llion Jones, declined to disclose funding details. Ha was previously the head of research at Stability AI and a Google Brain researcher. After the famous paper came out, advances in generative AI foundation models have centered around making the “transformer”-based models larger and larger. Instead of doing that, Sakana AI will focus on creating new architectures for foundation models, Jones told Reuters.

Persons: David Ha, Llion Jones, Jones, Ha, “, ”, Noam Shazeer, Aidan Gomez, Anna Tong, Frances Kerry Organizations: Google, Reuters, Thomson Locations: Tokyo, San Francisco

☆ Top tanks worth millions and other expensive heavy armor are being hunted in Ukraine by cheap exploding drones worth only a few hundred bucks
▼ + stars: | 2023-08-08 | by ( Ryan Pickrell | ) www.businessinsider.com time to read: +11 min

Ukrainian and Russian heavy armor, including their better tanks, are facing a growing threat: FPV drones. Wojciech Grzedzinski/Anadolu Agency via Getty ImagesWhat are FPV drones? Instead, individual units are putting in orders for FPV drones, and these outfits are doing what they can to meet the demand. It is unclear if or how the FPV drones factored into this figure. Electronic warfare can have an effect on FPV drones, as can the rough cope cages some armored-vehicle crews have welded on their tanks and fighting vehicles to shield it from the exploding FPV drones, though not always.

Persons: Samuel Bendett, Wojciech Grzedzinski, David Hambling, Bendett, Steve Wright, Yuriy Mate, Jack Watling, Nick Reynolds, it's Organizations: Service, Center for Naval, Mechanized Brigade, Anadolu Agency, Getty, Army, Drones, Newsweek, Ukraine, Royal United Services, PBS Locations: Russian, Wall, Silicon, Ukraine, Russia, Ukrainian, Donetsk Oblast, China

☆ Moody misses out on NZ squad for World Cup, Retallick included
▼ + stars: | 2023-08-07 | by ( ) www.reuters.com time to read: +3 min

Rugby Union - 2018 Bledisloe Cup Rugby Championship - Australia v New Zealand - Eden Park, Auckland, New Zealand - August 25, 2018 - New Zealand's Joe Moody celebrates with teammates after scoring a try. "But with the compilation of his time off and our programme, having to go into the first part of this World Cup fully loaded, we just want him to go and get some game time. "So whether it'll be round one, round two of the World Cup, we're not sure. Retallick's frequent second-row partner Sam Whitelock was selected for his fourth World Cup. The All Blacks will play the Springboks at Twickenham in London on Aug. 25 and start their World Cup campaign against hosts France in Paris on Sept. 8.

Persons: Joe Moody, Ross Setford, Brodie Retallick, Sam Cane, Loosehead Moody, Ian Foster, We've, he's, Retallick, Josh Lord, Foster, we're, Sam Whitelock, Braydon Ennor, David Havili, Finau, scrumhalf Brad Weber, George Bell, Codie Taylor, Dane Coles, Samisoni Taukei'aho, Ethan de Groot, Fletcher Newell, Nepo, Ofa, Tamaiti Williams, Tyrel Lomax, Scott Barrett, Tupou Vaa'i, Ardie Savea, Dalton Papalii, Luke Jacobson, Shannon Frizell, Aaron Smith, Finlay Christie, Cam Roigard, Beauden Barrett, Damian McKenzie, Richie Mo'unga, Anton Lienert, Jordie Barrett, Rieko Ioane, Caleb Clarke, Emoni Narawa, Leicester Fainga'anuku, Mark Telea, Will Jordan, Nick Mulvenney, Jamie Freed Organizations: Rugby Union, Rugby, REUTERS, All Blacks, Australia, Braydon, Wallabies, last, South, Blacks, Springboks, Twickenham, France, Thomson Locations: New Zealand, Eden, Auckland , New Zealand, France, Hawkes Bay, New, Dunedin, Europe, South Africa, London, Paris, Lincoln

☆ As the drone battle in Ukraine unfolds, the US Army is scrambling to get its soldiers a new one-way tank-buster
▼ + stars: | 2023-08-07 | by ( Michael Peck | ) www.businessinsider.com time to read: +5 min

The US Army is rushing to develop its own tank-killing drone that soldiers can carry into combat. The weapon will be a loitering munition, a type of drone being used widely in the war in Ukraine. Though loitering munitions such as the US-made Switchblade have been around for years, they have seen their most prolific use in Ukraine. Russia has used military-grade Lancet 3 loitering munitions to hunt Ukrainian artillery and disrupt Ukraine's counteroffensive. What is also interesting about LASSO is that the Army is emphasizing it as an anti-armor weapon.

Persons: LASSO, Narciso Contreras, Oleksii, David Hambling, Russia's, Michael Peck Organizations: US Army, Service, Army's Infantry Brigade, Army's, Executive, Department of Defense, Anadolu Agency, Getty, Army, Marine Corps, Command, Defense, Foreign Policy, Twitter, LinkedIn Locations: Ukraine, Wall, Silicon, Ukrainian, Russia, Afghanistan, Russian, Kyiv, Forbes

☆ Investors should take profits in stocks and assess risks to market, says Summit Global's David Harden
▼ + stars: | 2023-08-02 | 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 EmailInvestors should take profits in stocks and assess risks to market, says Summit Global's David HardenDavid Harden, Summit Global Investments CEO and CIO, joins 'The Exchange' to discuss Harden's gut reaction to Fitch's rating downgrade of U.S. debt, what this means for stocks and bonds, and more.

Persons: David Harden David Harden Organizations: Summit Global Investments

☆ Obama-era rules banning low-efficiency light bulbs are now in full force. You don't have to throw away your incandescents, but switching to LEDs could lower your utility bills.
▼ + stars: | 2023-08-02 | by ( David Hamilton | Associated Press | ) www.businessinsider.com time to read: +4 min

They effectively end the sale and manufacture of incandescent light bulbs. You don't have to throw away incandescent bulbs you already own, but switching could save you money. You can thank — or blame — new federal energy efficiency regulations that went into full effect Tuesday. Practical incandescent bulbs, which trace their origin to an 1880 Edison patent, can't meet those standards. How LED bulbs save energy and moneyIncandescent bulbs create illumination by running an electric current through a filament that heats it until it glows.

Persons: —, Thomas Edison, Obama, Donald Trump, Biden, Volodymyr Plysiuk Organizations: Service, FRANCISCO, Energy Department, Energy Information Administration, Getty Locations: Wall, Silicon

The company has also begun offering retired workers meals at the canteen so they can share knowledge of recently re-started lines producing Soviet-era ammunition for Ukraine, he added. Jiri Hynek, president and executive director of the Defence and Security Industry Association (DSIA) of the Czech Republic, told Reuters a lack of workers could push production out of central Europe. The association, which represents more than 160 companies, said exports accounted for around 90 percent of the industry's production of weapons and military-related supplies. Of that, Hynek estimated that supplies of military equipment to Ukraine accounted for 40% of exports. PITCHING PATRIOTISMOther sectors in Poland – emerging Europe's biggest economy – and the Czech Republic have struggled in recent years to find workers: a situation that has driven up labor costs and dampened growth.

Persons: David Hac, Hac, Jiri Hynek, Hynek, Lukas Visingr, Artur Zaborek, Zaborek, Michael Kahn, Anna Koper, Daniel Flynn Organizations: Europe's, STV, Reuters, European Union, Defence and Security Industry Association, WB Group, Central, Stockholm International Peace Research Institute, Thomson Locations: PRAGUE, WARSAW, Europe, Poland, Czech Republic, Ukraine, Policka, Prague, Czech, Central Europe, Stockholm, Poland's

Search resuls for: "David Ha"

25 mentions found