DIRS.INFO The most relevant business & tech news

☆ 10 ways artificial intelligence is changing the workplace, from writing performance reviews to making the 4-day workweek possible
▼ + stars: | 2023-07-27 | by ( Aaron Mok | ) www.businessinsider.com time to read: +13 min

Here are 10 ways AI tools such as ChatGPT have entered the workplace — and what may come out of it. Nick Patrick, the owner of the music-production company Primal Sounds Productions, told Insider he used ChatGPT to fine-tune legal contracts for clients. "You really got to find time to, like, learn this skill," Nigam previously told Insider. Companies are using AI to write their performance reviewsManagers may find writing performance reviews for their employees a tough task. He told Insider: "Any technology that increases productivity, ChatGPT included, makes a shorter workweek more feasible."

Persons: OpenAI, Nick Patrick, Shannon Ahern, hadn't, Jensen Huang, Huang, Akash Nigam, Nigam, Neil Taylor, ChatGPT, Taylor, Insider's Beatrice Nolan, Nolan, would've, Jasmine Cheng, Cheng, WorkLife, Carl Benedikt Frey, Michael Chu, iHeartMedia, Goldman Sachs, Goldman, Suumit Shah, chatbot, Anu Madgavkar, Richard Baldwin, Fran Drescher, Jezebel — Organizations: Morning, IBM, Workers, Primal Sounds Productions, Google, Twitter, Companies, Employers, Nvidia, ChatGPT, Sky News, Hulu, Spotify, Mobile, Oracle, Columbia Business School, McKinsey Global Institute, Apple, JPMorgan, Northrop Grumman, AIs, Writers Guild of America, SAG, Journalists, GMG Union of, Media Locations: Taipei, Taiwan, Oxford

☆ Public and Private Lives, Playing Out in Four Sultry Romance Novels
▼ + stars: | 2023-07-19 | by ( Olivia Waite | ) www.nytimes.com time to read: +1 min

An emotional reactionary, he was bumping right up against the on-page shenanigans limit for me. But he was her coward.” This line changes nothing except the reader’s perspective — but that perspective is all-important. Bashir might have the money — and the yachts, and the hotels — but the book gives Yusra the right of claiming. Lily Chu’s two most recent books, last year’s THE STAND-IN (Sourcebooks Casablanca, 384 pp. paperback, $14.99) and THE COMEBACK (Sourcebooks Casablanca, 400 pp., paperback, $16.99), also star wealthy heroes, but here, the heroines are the ones who are up to shenanigans.

Persons: Bashir, He’s, Yusra, Lily Chu’s, Sourcebooks Locations: Casablanca, Sourcebooks Casablanca

☆ ‘Boys Love’ genre finds new audiences in South Korea
▼ + stars: | 2023-07-17 | by ( Jake Kwon | ) edition.cnn.com time to read: +9 min

Not only was the TV series part of a genre — Boys’ Love, or BL for short — that was lesser-known in South Korea, it depicted something rarely seen on the country’s screens: same-sex romance. “Semantic Error,” which was based on a popular web novel of the same name, tells the story of two male college students who fall in love. And the risk paid off: “Semantic Error” became a hit upon its release in 2022. There are currently more than 20 BL shows being produced in South Korea. The on-screen adaptation of "Semantic Error" stars Park Seo-ham as Jang Jae-young and Jaechan as Chu Sang-woo.

Persons: Park Jae, chan, ” Jaechan, Jaechan, Chu Sang, “, ”, —, Kim Hyo, Jeong Areum, Kakao, Kim, Jennifer Konig, J, Kim Hye, ” Kim, Jang Jae, Thomas Baudinette, Jeong, South Korea’s, Go Tae, Holland, ” Holland, “ That’s Organizations: CNN, Elle, Cosmopolitan, BL, Seoul National University . Local, Sydney’s Macquarie University, South Locations: South Korean, South Korea, Japan, Seoul, Asia, Taiwan, Thailand, Korean

☆ Malaysian PM Anwar discusses Tesla investment, Starlink with Musk
▼ + stars: | 2023-07-14 | by ( ) www.reuters.com time to read: +1 min

KUALA LUMPUR, July 14 (Reuters) - Malaysian Prime Minister Anwar Ibrahim said on Friday he held a call with billionaire Elon Musk to discuss automaker Tesla's investment in the country and SpaceX's satellite communications service. "I welcome the company's interest and decision to invest in Malaysia, and Elon Musk's willingness to come to Malaysia," Anwar said in a statement. Anwar said Tesla's operations in Malaysia will begin this year. The two also discussed Starlink, the satellite communications service started by Musk and operated by his company SpaceX, Anwar said. Reporting by A. Ananthalakshmi and Mei Mei Chu; Editing by Kanupriya KapoorOur Standards: The Thomson Reuters Trust Principles.

Persons: Anwar Ibrahim, Elon Musk, Elon Musk's, Anwar, Tesla's, Tesla, Mei Mei Chu, Kanupriya Kapoor Organizations: Malaysian, Musk, SpaceX, Thomson Locations: KUALA LUMPUR, Malaysia

☆ Investor confidence dissipating ahead of 'reality check' earnings season, says Peter Boockvar
▼ + stars: | 2023-07-06 | 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 EmailInvestor confidence dissipating ahead of 'reality check' earnings season, says Peter BoockvarPeter Boockvar, Bleakley Financial Group CIO and CNBC's Dominic Chu, join 'The Exchange' to discuss the bond market's recent performance, if investors are confident in the situation with the banks, and much more.

Persons: Peter Boockvar Peter Boockvar, CNBC's Dominic Chu Organizations: Bleakley Financial

☆ Hydrocarbons will be important part of future ASEAN energy mix
▼ + stars: | 2023-06-26 | by ( Mei Mei Chu | ) www.reuters.com time to read: +2 min

[1/4] Logo of Energy Asia conference is seen during the event in Kuala Lumpur, Malaysia June 26, 2023. REUTERS/Hasnoor HussainKUALA LUMPUR, June 26 (Reuters) - Hydrocarbons will continue to be an important part of the energy mix in Southeast Asia, Malaysian Prime Minister Anwar Ibrahim said on Monday, as affordability and energy security remain key concerns for the region of more than half a billion people. Achieving net-zero emissions targets should not come "at the expense of economic growth or vice versa", Anwar said in opening the inaugural Energy Asia conference, hosted by Malaysia's state oil firm Petronas (PETRA.UL). Anwar said natural gas would play an important role in the energy mix for Malaysia, which is among the world's top five LNG exporters. The event brings together global energy leaders, companies and policymakers to discuss the region's energy transition.

Persons: Anwar Ibrahim, Anwar, IRENA, Kanupriya Kapoor, Kim Coghill, Himani Organizations: Energy Asia, REUTERS, Malaysian, Petronas, Malaysia, Organization of, Petroleum, International Renewable Energy Agency, Saudi Aramco, TotalEnergies, Thomson Locations: Kuala Lumpur, Malaysia, Hussain KUALA LUMPUR, Southeast Asia, Asia, Saudi

India's top solar power producing state Rajasthan has been getting "early warnings" of technical challenges that could arise as the use of renewables increases, a federal power ministry official said. "If proper tariff structures incentivising flexible thermal generation are not introduced, it could result in slower renewable energy adoption," he said. Reuters GraphicsSOLAR, PLUS COALGreen energy capacity in Asia grew 12% in 2022, the fastest rate among major regions, according to the International Renewable Energy Agency. However, authorities in India's sun-drenched Rajasthan state are finding it increasingly difficult to control voltage fluctuations due to the inconsistent nature of solar power output. "Many of these renewable plants are not actually able to comply with such requirements," the official said.

Persons: Rystad, Wood Mackenzie, Lauri Myllyvirta, Pablo Hevia, Koch, Hevia, Florence Tan, Yuka Obayashi, Andrew Hayley, Fransiska, Gopal Sharma, Mei Mei Chu, Joyce Lee, Tony Munroe, Jamie Freed Organizations: Engie, Centre for Research, Clean Energy, Air, Reuters, International Renewable Energy Agency, International Energy Agency, Thomson Locations: China, India, Asia, Wood Mackenzie SINGAPORE, Rajasthan, Pacific, Malaysia, Pakistan, Bangladesh, Vietnam, Singapore, Tokyo, Bangkok, Beijing, Jakarta, Khanh Vu, Hanoi, Kathmandu, Kuala Lumpur, Seoul

☆ FTC files lawsuit against Amazon related to Prime enrollment practices
▼ + stars: | 2023-06-21 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFTC files lawsuit against Amazon related to Prime enrollment practicesCNBC's Dominic Chu reports on the latest news surrounding the Amazon lawsuit.

Persons: Dominic Chu Organizations: Amazon

☆ BlackRock files for bitcoin ETF in push into crypto
▼ + stars: | 2023-06-16 | by ( ) www.reuters.com time to read: +2 min

BlackRock's iShares Bitcoin Trust will use Coinbase Custody as its custodian, according to a filing with the U.S. Securities and Exchange Commission (SEC). Last year, BlackRock launched a spot bitcoin private trust for institutional clients in the United States. A spot bitcoin ETF would track bitcoin's underlying market price. The SEC rejected Grayscale Investment LLC’s application last year to convert its flagship spot Grayscale Bitcoin Trust (GBTC.PK) into an ETF. The SEC has also rejected proposals for spot bitcoin ETFs from firms including Fidelity, Cboe Global Markets and NYDIG.

Persons: Brendan McDermid, Joshua Chu, CoinDesk, Manya Saini, Niket, Ankur Banerjee, Rae Wee, Devika Syamnath, Pooja Desai Organizations: BlackRock, New York Stock Exchange, REUTERS, U.S . Securities, Exchange Commission, SEC, Fidelity, Cboe, Thomson Locations: New York City, U.S, BlackRock, United States, Bengaluru, Singapore

☆ House Democrats press Walmart, Costco, Kroger to sell abortion pill mifepristone
▼ + stars: | 2023-06-15 | by ( Spencer Kimball | ) www.cnbc.com time to read: +2 min

In this photo illustration, packages of Mifepristone tablets are displayed at a family planning clinic on April 13, 2023 in Rockville, Maryland. House Democrats on Thursday called on Walmart, Costco , Kroger , Safeway and Health Mart to publicly commit to sell the prescription abortion pill mifepristone at their retail pharmacies. Goldman and Rep. Judy Chu, D-Calif., sent a letter asking the companies' CEOs to confirm by June 23 whether their pharmacies will get certified to sell the abortion pill. Democratic governors and senators asked the companies in March whether their pharmacies will get certified to dispense the medication. The largest retail pharmacies in the U.S. have found themselves increasingly caught in the middle of the national battle over abortion access, which was set in motion by the Supreme Court's decision to overturn Roe v. Wade last June.

Persons: Dan Goldman, Goldman, Judy Chu, Roe, Wade Organizations: House Democrats, Walmart, Costco, Kroger, Safeway, Health Mart, Drug Administration, FDA, Democratic, U.S, U.S . Constitution Locations: Rockville , Maryland, U.S, U.S .

☆ Think A.I. is Coming for the Watch World? It’s Already There.
▼ + stars: | 2023-06-15 | by ( Victoria Gomelsky | ) www.nytimes.com time to read: +2 min

During a press roundtable event at the Cartier booth at Watches and Wonders, Cyrille Vigneron, the brand’s chief executive, said that A.I. “By having so much data coming from call centers or web inquiries or even what words customers use on comments or on their own social media, you have a lot of words,” Mr. Vigneron said. “What we’ve done for the last five years is be distinctively ourselves,” Mr. Vigneron said. “That’s collective intelligence, and not artificial.”Expansion plansBrands aren’t the only watch-world entities looking to optimize their operations with A.I. Wristcheck, a Hong Kong retailer of pre-owned watches, is planning to introduce what it calls Wristcheck Intelligence this year.

Persons: Cyrille Vigneron, Cartier, Mr, Vigneron, “, ”, “ We’re, ” Mr, ” Austen Chu Organizations: Cartier, Normale, A.I Locations: Hong Kong

☆ A supernova that exploded in a nearby galaxy is one of the brightest in a decade. Here's how to see it.
▼ + stars: | 2023-06-12 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +5 min

A supernova has exploded in the Pinwheel Galaxy 21 million light-years away. Named SN 2023ixf, it sets itself apart by being one of the brightest seen in a decade. The supernova, which appeared in the Pinwheel Galaxy 21 million light-years away, is one of the biggest and brightest in our skies in a decade, Space.com reported. But this supernova, named SN 2023ixf, sets itself apart by its proximity to Earth: it's located in the Pinwheel Galaxy, which is only about 21 million light-years away. The Pinwheel Galaxy is located close to two of the stars in the handle of the Big Dipper.

Persons: —, Space.com, Dan Perley, Kuntz, Mould, Chu, Jacoby, Hanna, Miller, Rodriguez, de Martin, Koichi Itagaki, Webb, Perley, It's Organizations: Galaxy, Service, Liverpool John Moores Observatory, Hubble, Gemini, NASA, ESA, K, JHU, Bresolin, University of Hawaii, Jet Propulsion, University of Illinois, CSA Locations: Urbana, Canada, France, Hawaii, T.A

☆ Wicked movie: Cynthia Erivo says she 'fell to tears' after filming emotional musical number on set
▼ + stars: | 2023-06-11 | by ( Alli Rosenbloom | ) edition.cnn.com time to read: +2 min

CNN —Cynthia Erivo shared a moving message about her experience so far filming the “Wicked” movie and the flood of emotions she felt after shooting a musical number. Posting a photo on her verified Instagram page of her long green nails and a movie script for the two-part film, Erivo, who plays the Wicked Witch of the West, Elphaba, said her heart “broke open and tears fell” after she finished filming scenes for the song, “I’m Not That Girl.”“I thought of us, the ones who often feel like they’re on the outside. The ones who don’t know that their differences, oddities, quirks are what make them beautiful and special. Jon M. Chu directs, with Ariana Grande starring as Glinda alongside Erivo’s Elphaba. Jeff Goldblum, Oscar-winner Michelle Yeoh, Jonathan Bailey and Bowen Yang round out the cast.

Persons: Cynthia Erivo, “, ”, ” Erivo, Oz, Elphaba, Jon M, Chu, Ariana Grande, Glinda, Erivo’s Elphaba, Jeff Goldblum, Oscar, Michelle Yeoh, Jonathan Bailey, Bowen Yang, you’ll, Jon, Ari Organizations: CNN, Broadway Locations: Oz

☆ The Week That Was: June 9, 2023
▼ + stars: | 2023-06-09 | 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 EmailThe Week That Was: June 9, 2023CNBC's Dom Chu looks ahead to what are likely to be next week's top business and financial stories.

Persons: Dom Chu

☆ The Week Ahead: June 9, 2023
▼ + stars: | 2023-06-09 | 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 EmailThe Week Ahead: June 9, 2023CNBC's Dom Chu looks ahead to what are likely to be next week's top business and financial stories.

Persons: Dom Chu

☆ Here's the 18-page deck a fintech looking to broaden access to private credit used to raise a $30 million Series B
▼ + stars: | 2023-06-07 | by ( Paige Hagy | ) www.businessinsider.com time to read: +5 min

It supports borrowers, investors, and underwriters with its software solution. This startup is building a digital solution for the historically analog world of private credit. Private credit is an alternative asset class consisting of loans privately negotiated outside of the public debt markets. Examples of private credit include student loans taken from outside the government, small-business loans, and consumer loans. "We're ready to scale in a market and a time right now that is all in favor and support of private credit," Chu said.

Persons: Nelson Chu, Chu, it's Organizations: underwriters, Goldman Sachs, Management, White Star Capital, Underwriters, Fitch Group, Juniper Locations: Chu

☆ Percent is looking to digitize the analog world of private credit. Here's the 18-page pitch deck it used to raise a $30 million Series B.
▼ + stars: | 2023-06-02 | by ( Paige Hagy | ) www.businessinsider.com time to read: +5 min

This startup is building a digital solution for the historically analog world of private credit. Private credit is an alternative asset class consisting of loans privately negotiated outside of the public debt markets. Examples of private credit include student loans taken from outside the government, small-business loans, and consumer loans. Digitizing an analog marketplaceThe private-credit market traditionally operates in an analog system, with deals being conducted over phone calls and emails and monitored on spreadsheets. "We're ready to scale in a market and a time right now that is all in favor and support of private credit," Chu said.

Persons: Nelson Chu, Chu, it's Organizations: underwriters, Goldman Sachs, Management, White Star Capital, Underwriters, Fitch Group, Juniper Locations: Chu

☆ New Oral History Peers Back at Obama, His Era and the Tradeoffs He Made
▼ + stars: | 2023-05-31 | by ( Peter Baker | ) www.nytimes.com time to read: +1 min

The first tranche of interviews being made available does not include those of the former president, first lady or other major recognizable figures from the Obama era. Instead, it is tightly focused on one issue that the researchers deemed vital to his presidency, a wonk’s feast of policy discussion rather than a broader look at Mr. Obama himself or his overall eight years in power. As he sucked down his favorite Fiji water, Mr. Obama would tease scientists and engineers. We don’t need to look at any more of those.”The focus on climate change in the first set of interviews also highlighted the larger trade-offs Mr. Obama made between competing priorities. At one point as he was expending all of his influence to pass the Affordable Care Act, he ruefully explained his priorities to Mr. Chu.

Persons: Obama, “, ”, I’m, Steven Chu, Steve, we’ve, We’ve, ruefully, Chu Organizations: “ Energy Locations: Fiji

☆ Elon Musk’s visit underscores China's importance to global EV market, analysts say
▼ + stars: | 2023-05-31 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +3 min

Xiaolu Chu | Getty Images News | Getty ImagesFrom handshakes with Chinese officials to visits to China's top ministries, Elon Musk's visit to Beijing is putting the spotlight on China's place in the global electric vehicle market. The Tesla CEO's visit to China is a "very important one" for him, said Anthony Sassine, senior investment strategist at investment manager Kraneshares. Price warsTesla slashed prices for its EV sales in China last October and January, but subsequently raised prices again in May. "It signals how important the China market is to defend and how important it is to your global system, you need the scale of China working for you," he said on CNBC's "Squawk Box Asia." He noted that China the most competitive market for EVs, with Tesla competing with multiple local companies for supremacy.

Persons: Xiaolu Chu, Elon Musk's, Tesla, Anthony Sassine, Sassine, CNBC's, Musk, Jamie Dimon, Bill Russo, Russo Organizations: Getty, Kraneshares, Communist Party, Musk, JPMorgan, U.S, EVs Locations: Shanghai, China, Beijing, U.S

☆ Reaction: Biden, McCarthy debt ceiling deal
▼ + stars: | 2023-05-28 | by ( ) www.reuters.com time to read: +4 min

WASHINGTON, May 27 (Reuters) - U.S. President Joe Biden and top congressional Republican Kevin McCarthy have reached a tentative deal to raise the federal government's $31.4 trillion debt ceiling, ending a months-long stalemate. DEMOCRATIC REPRESENTATIVE TED LIU"Tonight, I have been informed that there is an agreement in principle between the White House and House Republicans. This was a House Republican manufactured crisis. REPUBLICAN REPRESENTATIVE BOB GOOD "I am hearing the 'deal' is for a $4 trillion increase in the debt limit. "If we didn't reach a deal … the average American person would clearly see a hit ... we had to reach some kind of conclusion here."

☆ Petronas says Malaysian anti-graft probe found no wrongdoing by the firm
▼ + stars: | 2023-05-27 | by ( ) www.reuters.com time to read: +1 min

KUALA LUMPUR, May 27 (Reuters) - Malaysia's state oil firm Petronas (PETR.UL) said on Saturday an anti-corruption probe into the firm's dealings involving a $90 million project had not found any wrongdoing by the company. Petronas said the investigation was opened in relation to its award of a contract to a Malaysian subsidiary of an international upstream company in 2021. "Petronas had given full cooperation to MACC in the investigation that had not found any wrongdoing by Petronas, its employees, and directors," the company said in a statement to Reuters. The MACC said it had found "several weaknesses in practices, systems and work procedures" in its probe, and proposed improvements to Petronas' standard operating procedures as preventive measures. Petronas said it continues to improve and strengthen its standard operating procedures as part of an effort to prevent and fight all forms of corruption and misconduct.

☆ The Week Ahead: Debt ceiling deadline looms
▼ + stars: | 2023-05-19 | 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 EmailThe Week Ahead: Debt ceiling deadline loomsCNBC's Dominic Chu looks ahead to what are likely to be next week's top business and financial stories.

☆ The Week That Was: Disney fights back
▼ + stars: | 2023-05-19 | 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 EmailThe Week That Was: Disney fights backCNBC's Dominic Chu looks ahead to what are likely to be next week's top business and financial stories.

☆ A New Hope for Manhattan’s Chino Latino Restaurants: TikTok
▼ + stars: | 2023-05-12 | by ( Christina Morales | ) www.nytimes.com time to read: +1 min

All of the cooks at La Dinastia’s kitchen are Chinese and have learned to make Cuban dishes over time. Many original cooks and waiters retired during the pandemic. Michael Lan, an owner at La Dinastia who has worked there for decades and is knowledge about the kitchen, is planning his own exit. “I’ll be there for him,” Mr. Lan, 64, said about the younger Mr. Lam. “But they’re getting old,” said Marvin Chu, 40, an owner who operates the restaurant’s three locations with his brother and great-uncle.

☆ Tesla to recall 1.1 million cars in China over potential safety risks, Chinese regulator says
▼ + stars: | 2023-05-12 | by ( Laura He | ) edition.cnn.com time to read: +2 min

Hong Kong CNN —Tesla will recall more than 1.1 million cars in China due to potential safety risks, the country’s top market regulator said on Friday. The models to be recalled include imported Model S, Model X, Model 3 and China-made Model 3 and Model 6. An aerial view of Tesla's Shanghai Gigafactory on March 29, 2021. The company plans to make adjustments or add notification features to the recalled vehicles to reduce the risk, it added. In March, Tesla recalled more than 2,600 imported Model S cars in China, according to the SAMR.

Search resuls for: "CHU"

25 mentions found