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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMeta’s Nicola Mendelsohn on the 'Working with Cancer' initiativeMarking World Cancer Day 2023, the Publicis Foundation has launched a cross-industry coalition to erase the stigma of cancer in the workplace. Meta was one of the founding partners and CNBC’s Tania Bryer caught up with Vice President, Global Business Group at Meta, Nicola Mendelsohn, to talk about the ‘Working with Cancer’ pledge, her own diagnosis and founding the Follicular Lymphoma Foundation.
[1/2] A 3D printed Facebook's new rebrand logo Meta is seen in front of displayed Google logo in this illustration taken on November 2, 2021. Google-owner Alphabet Inc (GOOGL.O) on Thursday reported a slight fall in quarterly ad revenue, missing Wall Street expectations and surprising investors as the world's largest digital ad platform has traditionally been resilient compared to smaller rivals. Meta Platforms Inc (META.O), the second-largest digital ad platform, lifted Wall Street on Wednesday with its cost cuts and big share buyback, though it posted its third consecutive quarter of year-over-year revenue decline. Lower ad spending from brands in the financial services and technology sector was one reason for the revenue decline, the company said. Reporting by Sheila Dang in Dallas; Editing by Christopher CushingOur Standards: The Thomson Reuters Trust Principles.
[1/2] A Microsoft logo is seen a day after Microsoft Corp's $26.2 billion purchase of LinkedIn Corp, in Los Angeles, California, U.S. June 14, 2016. REUTERS/Lucy Nicholson/File PhotoFeb 3 (Reuters) - Big Tech companies have a new obsession: artificial intelligence. Executives from Microsoft Corp (MSFT.O) and Alphabet Inc (GOOGL.O), behind the latest big rivalry in tech, took their battle to the conference-call front lines. We can bring those to life using generative (AI) art, which I think is really exciting," he said. "One of my goals for Meta is to build on our research to become a leader in generative AI," said Zuckerberg.
Hello 10 Things on Wall Street readers! As you might know, for the last few years Insider has been highlighting some of the most talented young people on Wall Street. Take a look at all the photos from Insider's celebration of Wall Street's rising stars here. A decade after the private-equity giant helped launch Athene Holdings, more private money managers are moving into insurance as they hunt for higher yields, the Wall Street Journal reports. Adam Berry, head of US loan trading is leaving Wall Street to join the Philadelphia Eagles, according to Bloomberg.
Nelson Peltz is suing Plan Design Events, a Florida company that worked on his daughter's 2022 wedding to Brooklyn Beckham. Planners are accused of botching the RSVP list for three days of events celebrating Nicola Peltz and Beckham. Activist investor Nelson Peltz is suing event planners who helped work on his daughter Nicola's splashy wedding to Brooklyn Beckham last spring, according to a December court filing. The documents state the billionaire wants his deposit back from their company, Plan Design Events. "Peltz is Hoodwinked by the Party Planners," Peltz lawyers wrote in the filing, which references Plan Design as PDE.
The CDC's Vaccine Safety Datalink, which monitors serious reactions to vaccines, showed a possible risk of stroke in late November. The FDA launched an extensive review of federal data after investigators at the Centers for Disease Control and Prevention detected a possible risk of stroke for seniors who received Pfizer's booster. The Food and Drug Administration hasn't found an increased risk of stroke for seniors who've received Pfizer's omicron booster shot, a federal health official said Thursday. The FDA reviewed CMS data from 4.25 million seniors who received Pfizer's omicron booster and did not identify any increased stroke risk. The Department of Veterans Affairs has also conducted preliminary review of its database and did not identify an increased stroke risk, Forshee said.
CHINA OUT./File Photo/File PhotoSummarySummary Companies Energy transition front and centre at Davos meetingEurope energy crisis forces moment of reckoningClimate activists sceptical of oil industry inclusionDAVOS, Switzerland, Jan 20 (Reuters) - A different type of energy transition has taken place at this year's World Economic Forum (WEF) meeting. Unlike 2021's COP26 climate conference in Glasgow, where oil and gas executives were personae non gratae, fossil fuel chiefs and renewable energy bosses sat cheek by jowl in Davos. Thunberg's was not the only voice at Davos with strong objections to the industry's new mantra that the energy crisis justifies new oil investments. Like Birol, British opposition leader Keir Starmer said the oil and gas sector has a role to play in the energy transition. Jaber, who is the founding CEO of Abu Dhabi’s renewable energy firm Masdar and has overseen the UAE's mandate to adopt renewables is not without green credentials.
Nicola Mendelsohn talks about Meta's prospects in 2023
  + stars: | 2023-01-19 | 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 EmailNicola Mendelsohn talks about Meta's prospects in 2023CNBC's Tania Bryer sits down with Vice President, Global Business Group at Meta, Nicola Mendelsohn, to talk about the metaverse, the global economy, future of work and what else is ahead for Meta in 2023.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMeta didn't sit around twiddling thumbs after Apple privacy changes, VP saysNicola Mendelsohn, vice president of Meta's global business group, discusses bleak outlook for technology, the impact of Apple's curbs on advertiser tracking on its business, and the company's appeal of a $400 billion fine from the Irish data privacy watchdog.
The Scottish government is likely to challenge the decision at the U.K. Supreme Court. Scottish First Minister Nicola Sturgeon called the decision by Prime Minister Rishi Sunak’s Conservative government “a full-frontal attack” on the Scottish parliament, which approved the bill last month. “The Scottish Government will defend the legislation and stand up for Scotland’s Parliament,” she said on Twitter. This is the first time a U.K. government has blocked a Scottish law since the Scottish government and parliament were established a quarter century ago. The move will provide fodder for nationalists who want Scotland to break away from the U.K. and become an independent country.
Summary UK uses power to block Scottish bill for the first timeSturgeon: decision is an attack on devolved powersUnclear how issue may impact support for independenceLONDON, Jan 16 (Reuters) - The British government will block a bill passed by the Scottish parliament that makes it easier for people to change their legal gender, its Scottish Secretary Alister Jack said on Monday, the first time it has invoked the power to veto a Scottish law. The move sparked a fresh argument with the devolved Scottish government, which has also been thwarted in its attempts to hold a new independence referendum. Scottish First Minister Nicola Sturgeon, in charge of the devolved nationalist government, said she would defend the legislation and "stand up for Scotland's parliament." "This is a full-frontal attack on our democratically elected Scottish Parliament and its ability to make its own decisions on devolved matters," Sturgeon, who leads the Scottish National Party's (SNP), said on Twitter. But it is unclear whether the move by Britain to overrule Scotland's gender bill will fuel appetite for independence, as the SNP's own leadership is divided on the issue.
Nudged by private equity funds, those supplying the booming luxury goods industry are now finding strength in unity. Largely family-owned and small in size, these businesses often struggle to meet the changing needs of the luxury brands they work for. "Luxury brands have been growing exponentially: our customers needed us to grow with them," said Nicola Giuntini, whose Tuscany-based company makes luxury coats and jackets for brands including Celine, Burberry (BRBY.L) and Stella McCartney. PRODUCTION NICHESItaly's manufacturing sector has also been a hunting ground for big luxury brands keen to secure their supply chain. Italian private equity firm XENON International, for example, has bet on producers of materials and finishes for luxury items which it has grouped together in MinervaHub.
[1/2] British Prime Minister Rishi Sunak leaves after his visit to Port of Cromarty Firth at Invergordon, Scotland January 13, 2023. REUTERS/Russell Cheyne/PoolJan 13 (Reuters) - British Prime Minister Rishi Sunak is poised to block Scottish laws that make it easier for people to change their gender, The Times reported on Friday. British Prime Minister's office did not immediately respond to a Reuters request for comment. Scotland has always been clear the bill does not impact the Equality Act, a Scottish Government spokesperson said in an emailed statement to Reuters. The British National government had further said that it would examine the bill and could look at blocking it if necessary.
Italy's Meloni renews criticism of euro zone bailout fund
  + stars: | 2023-01-12 | by ( ) www.reuters.com   time to read: +2 min
ROME, Jan 12 (Reuters) - Italy's Prime Minister Giorgia Meloni on Thursday renewed her criticism of the euro zone bailout fund, a 500-billion-euro ($541.55 billion) facility held back by Rome's reluctance to ratify its recently-adopted reform. The ESM was created in 2012, replacing a temporary fund established in 2010, at the height of the euro zone's sovereign debt crisis. The ESM can offer a lifeline to euro zone governments cut off from markets, or lend to recapitalise banks and provide precautionary credit. The fund was reformed with a 2021 treaty that needs to be ratified by all members of the euro zone before it can enter into force, and Italy is the only country that is dragging its feet over the issue. New ESM tasks under the reformed treaty include providing a backstop to the Single Resolution Fund, which is responsible for dealing with failing banks in the context of the Banking Union.
Edison CEO denies EDF planning to sell Italian company - paper
  + stars: | 2023-01-05 | by ( ) www.reuters.com   time to read: +1 min
MILAN, Jan 5 (Reuters) - Edison's (EDNn.MI) chief executive said on Thursday that rumours French power group EDF (EDF.PA) plans to sell its Italian arm are "groundless". There is not an Edison dossier at the moment", Nicola Monti was quoted as saying in an interview with Italian daily La Stampa. EDF denied an Italian media report last August that it was considering a sale of its Italian unit. Energy analysts have said a sale of Edison could help EDF reduce its debt and press ahead with an ambitious investment plan. Italian media reported in August that EDF planned to kick off a sale process for Edison in the first quarter of this year once the nationalisation process had been completed.
Watch: Death of Retired Pope Benedict XVI Announced
  + stars: | 2023-01-01 | by ( Wall Street Journal | ) www.wsj.com   time to read: 1 min
Covid in China: What’s Next for Travelers as U.S., Others Impose Tests As China reopens after nearly three years of isolation, the U.S. and several other countries will require travelers to show a negative Covid test. WSJ explains why some pandemic restrictions are back and what they mean for people traveling to and from China. Photo: Nicola Marfisi/Avalon via ZUMA Press
Barbara Walters Dies at Age 93
  + stars: | 2022-12-31 | by ( Wall Street Journal | ) www.wsj.com   time to read: 1 min
Covid in China: What’s Next for Travelers as U.S., Others Impose Tests As China reopens after nearly three years of isolation, the U.S. and several other countries will require travelers to show a negative Covid test. WSJ explains why some pandemic restrictions are back and what they mean for people traveling to and from China. Photo: Nicola Marfisi/Avalon via ZUMA Press
Here are 22 of our top LGBTQ news stories of the year. Ron DeSantis signed the controversial Parental Rights in Education law — or what critics have dubbed the “Don’t Say Gay” bill — on March 28. 'It’s already having an impact': LGBTQ people fear abortion rights reversalA supporter of gay marriage waves a flag in front of the Supreme Court on June 25, 2015. Nicola Goode / Prime VideoAmazon’s “A League of Their Own” series, which debuted Aug. 12 and was inspired by the 1992 cult classic by director Penny Marshall, brought much-needed representation to the screen for lesbians and other queer women, who celebrated how “gay, gay, gay” it was. Biden signs same-sex marriage bill at White House ceremonyPresident Joe Biden signs the Respect for Marriage Act on the South Lawn of the White House on Dec. 13.
Mostly led by women, Finland, Iceland, Scotland, Wales and New Zealand are all members of the Wellbeing Economy Governments partnership. "Which I think is why we're seeing such growing interest in the well-being economy approach, both here in Scotland and around the world." A post-growth society is one that resists the demand for constant economic growth. Mostly led by women, Finland, Iceland, Scotland, Wales and New Zealand are all members of the Wellbeing Economy Governments partnership. 'GDP is not a way to measure richness'The push to look beyond economic growth comes at a time of growing calls to end fossil fuel production worldwide.
Apparently, some tech workers are also missing their companies' holiday festivities — but not because they're bopping around in the Mountain West. As tech companies pull back on spending, big office holiday parties are on the chopping block. Cost-cutting is coming for startups — and big office holiday parties are first on the list. For startup founders and venture capitalists, the office holiday party is a December tradition. But this year, holiday parties in startup-land look a little different.
LONDON, Dec 20 (Reuters) - A Sun newspaper column by British television presenter Jeremy Clarkson about Prince Harry's wife Meghan has become the press standards regulator's most complained about article, it said on Tuesday, with more than 17,500 complaints received. In a column published on Friday, Clarkson, who gained worldwide fame as presenter of motoring show "Top Gear", wrote of Meghan: "I hate her. The Independent Press Standards Organisation (IPSO) said it had received more than 17,500 complaints so far, the most about any article since it was established in 2014. We cannot allow this type of behaviour to go unchecked any longer," said the letter, which was posted on Twitter by Nokes. Reporting by Kylie MacLellan; additional reporting by Farouq Suleiman; editing by Jonathan OatisOur Standards: The Thomson Reuters Trust Principles.
Medical device makers drop products as EU law sows chaos
  + stars: | 2022-12-19 | by ( Maggie Fick | ) www.reuters.com   time to read: +9 min
LONDON, Dec 19 (Reuters) - Nicola Osypka's German company has been selling medical devices used in surgery on newborn babies in Europe for decades, but new European Union rules have forced her to make tough decisions. While some companies say the products they have cut have no impact on patients or profits, others say some of withdrawn devices are essential, and doctors agree. Under the EU's Medical Devices Regulation (MDR), which came into effect in May 2021, all medical devices, from implants and prosthetics to blood glucose meters and catheters, must meet stricter safety criteria, sometimes with new clinical trials. Under the old system, it took about 15,000 euros and a few months to get a similar device approved, he said. Tom Melvin, an associate professor of medical device regulatory affairs at Trinity College Dublin, said there were nearly 100 such agencies a decade ago under the old system.
LONDON, Dec 19 (Reuters) - British television presenter Jeremy Clarkson said on Monday he was "horrified to have caused so much hurt" after a column he wrote in the Sun newspaper about Prince Harry's wife Meghan attracted more than 6,000 complaints. In a column published on Friday, Clarkson, who gained worldwide fame as presenter of motoring show "Top Gear", wrote of Meghan: "I hate her. In a column I wrote about Meghan, I made a clumsy reference to a scene in Game of Thrones and this has gone down badly with a great many people." "I’m horrified to have caused so much hurt and I shall be more careful in future," added Clarkson, who is known for being outspoken and controversial. Britain's press standards regulator, the Independent Press Standards Organisation (IPSO), said it had so far received "over 6,000 complaints about the article in question".
Nov 30 (Reuters) - The head of Meta Platforms' (META.O) business group said on Wednesday that the holiday shopping season started earlier than usual this year and produced a Black Friday sales weekend that appeared to be the biggest on record. Consumers anxious about supply shortages were stocking up early on desired gifts, while businesses with excess inventory sought to clear it out with heavy discounts, said Meta Vice President of Global Business Nicola Mendelsohn, speaking in an interview at the Reuters NEXT conference. The holiday ad sales could be a welcome respite for Meta, which has been struggling this year as advertisers and consumers pulled the plug on spending amid soaring costs and rapidly rising interest rates. [1/3] Vice President for the Global Business group at Meta Nicola Mendelsohn speaks during a Reuters NEXT Newsmaker event in New York City, U.S., November 30, 2022. To view the Reuters NEXT conference live on Nov. 30 and Dec. 1, please click hereReporting by Katie Paul and Aditya Soni; Editing by Lisa ShumakerOur Standards: The Thomson Reuters Trust Principles.
Scottish First Minister Nicola Sturgeon, leader of the pro-independence Scottish National Party (SNP), announced earlier this year that she intended to hold an advisory independence vote on Oct. 19, 2023, but that it had to be lawful and internationally recognised. Polls suggest voters remain evenly split over whether or not they support independence and a vote would be too close to call. The Scottish government's most senior law officer had asked the UK Supreme Court whether the Scottish government could pass legislation paving the way for an advisory second referendum without the approval of the UK parliament. "The Scottish parliament does not have the power to legislate for a referendum on Scottish independence," said Robert Reed, the president of the UK Supreme Court. Under the 1998 Scotland Act, which created the Scottish parliament and devolved some powers from Westminster, all matters relating to the Union of the Kingdoms of Scotland and England are reserved to the UK parliament.
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