DIRS.INFO The most relevant business & tech news

☆ Stocks making the biggest moves midday: MicroStrategy, Boeing, Nvidia and more
▼ + stars: | 2024-12-30 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +2 min

Boeing — The aircraft stock shed 2% after South Korea ordered an inspection of all 737-800 planes operated by domestic carriers following the deadly Jeju Air crash over the weekend, which involved a plane of that model. Technology stocks — Tech stocks struggled Monday, with the S & P 500 sector losing 1%. Super Micro Computer — The technology stock shed 2% after Super Micro terminated its financing and securities agreement with the Taiwan affiliate of HSBC Bank. Crypto stocks — Stocks tied to bitcoin moved lower with the cryptocurrency Monday. Nvidia — The leading AI chipmaking stock added 1%, bucking the broader market downtrend and tech sell-off.

Persons: MicroStrategy, EQT, Stocks, bitcoin, Mara, Block, — CNBC's Sean Conlon, Alex Harring, Samantha Subin Organizations: Boeing, South, — Tech, Apple, Microsoft, Super Micro, HSBC Bank, Mara Holdings, Nvidia Locations: South Korea, Taiwan

☆ Trump’s pick for NASA chief: Jared Isaacman has close ties with Elon Musk
▼ + stars: | 2024-12-06 | by ( Jackie Wattles | ) edition.cnn.com time to read: +12 min

Isaacman, who has twice traveled to space on private missions and has close ties to SpaceX CEO Elon Musk but lacks experience in government or academia, is an unorthodox selection. If confirmed, Isaacman would be only the fourth of 15 NASA administrators to have actually traveled to space. Isaacman’s relationship with SpaceXIsaacman’s close ties with SpaceX and Musk are likely to raise questions about conflicts of interest. Trump, Musk and Isaacman’s visionDespite Isaacman’s close relationship with Musk, the two have adopted starkly different tones regarding politics. “I don’t need to have a public opinion on his politics because there is much more to the man and his companies,” Isaacman said of Musk in an October 11 post.

Persons: Donald Trump’s, Jared Isaacman —, Elon Musk, Jared Isaacman, Patrick T, Fallon, Isaac Arthur, ” Arthur, Garrett Reisman, Isaacman, ”, Reisman, —, Joe Skipper, Reuters Isaacman, Dawn —, Jeff Bezos, Shift4, Musk, Donald Trump, Brandon Bell, ” Isaacman, Elon, Bezos, “, ” Bezos, Eugene Gologursky, SpaceX’s, Bill Nelson, landers, ” Nelson, NASA's, Kevin Dietsch, Nelson, Trump, “ It’s, … It’s Organizations: CNN, —, NASA, SpaceX, Shift4, Getty, National Space Society, US Senate, Trump, Air Force, Kennedy Space Center, Polaris, Reuters, Department of Government, Origin, New York Times DealBook, New York Times, Jazz, Lincoln Center, The New York Times, Orion, NASA's Kennedy Space Center Locations: Hawthorne , California, AFP, Cape Canaveral , Florida, Shift4, Brownsville , Texas, Trump, New York City

WASHINGTON — Tech billionaire Elon Musk and conservative activist Vivek Ramaswamy on Thursday began in-person discussions with congressional Republicans about ways they could slash federal spending and regulations once President-elect Donald Trump takes office. Musk and Ramaswamy traveled to Capitol Hill for a series of meetings with House and Senate members. Musk has repeatedly faced questions about potential conflicts of interest in advising on the federal budget. Musk and Ramaswamy are seeking individuals with business backgrounds with an interest in “gutting bureaucracy” to fill those roles. Musk has shown a willingness to consider cuts to some of the federal government’s most popular programs including Social Security.

Persons: Elon Musk, Vivek Ramaswamy, Donald Trump, Trump, Ramaswamy, Mike Johnson, Musk, Sen, Thom Tillis, ” Tillis, Tillis, I’d, ”, “, Mike Lee, John Thune, Eric Schmitt, Shelley Moore Capito, Elon, Vivek, Ro Khanna, Harry Truman, Brendan Boyle, … Trump, ” Boyle, Obama, DOGE, Zach Mallove, Patty Murray, Mallove Organizations: WASHINGTON — Tech, Ramaswamy, Capitol, Department of Government Efficiency, Social Security, SpaceX, Trump White House, Trump, PAC, America PAC, Federal, Commission, Republican, Defense Department, NASA, Rivian, Peterson Foundation, Capitol Hill, Management, NBC News, Republicans, Truman, GOP, “ Republicans, ”, “ Locations: Trump, Pennsylvania, U.S, Utah

☆ European tech CEOs urge 'Europe-first' mentality to counter U.S. dominance after Trump victory
▼ + stars: | 2024-11-18 | by ( Ryan Browne | ) www.cnbc.com time to read: +7 min

Thomas Plantenga, CEO of used fashion resale app Vinted, on center stage during Web Summit 2024 in Lisbon, Portugal. The Republican politician's victory was a key topic on various prominent tech bosses' lips at the Web Summit conference in Lisbon, Portugal. "It's time for Europe to step up," Yen told CNBC on the sidelines of Web Summit. US Big Tech 'playing extremely unfairly'However, Proton's Yen urged the EU not to water down its push to rein in America's tech giants. 'AI sovereignty' now a key battlegroundAnother theme that attracted much chatter on the ground at Web Summit was the idea of "AI sovereignty."

Persons: Thomas Plantenga, Harry Murphy, Donald Trump's, Andy Yen, Yen, Trump, Proton's Yen, Mitchell Baker, Baker, it's, Plantenga, we'll, OpenAI, Christian Kroll, Shelley McKinley, GitHub, McKinley Organizations: Web, Getty Images, Portugal — Tech, Big, Republican, Proton, CNBC, European Union, Apple, Microsoft, Meta, Markets, US Big Tech, Mozilla Foundation, Google, Trump Locations: Lisbon, Portugal, Getty Images LISBON, Europe, America, EU, Lithuania

☆ Tech giants are investing in 'sovereign AI' to help Europe cut its dependence on the U.S.
▼ + stars: | 2024-11-14 | by ( Ryan Browne | ) www.cnbc.com time to read: +7 min

Sovereign AI is "more driven by the industry naming it that, than it is from the policymakers' side," Gow said. On Wednesday, Denmark laid out a landmark white paper outlining how companies can use AI in compliance with the incoming EU AI Act — the world's first major AI law. How regulation fueled a mindset shiftThat's not to say regulations haven't proven an important factor in getting tech giants to think more about building localized AI infrastructure within Europe. The concept of AI sovereignty is also getting buy-in from local European tech firms. Orange hasn't yet selected a partner for these sovereign AI model ambitions.

Persons: Dado Ruvic, Chris Gow, Anthropic's Claude, Filippo Sanesi, Sanesi, hasn't, —, Cisco's Gow, Rather, " Gow, Gow, It's, David Hogan, Hogan, OVHCloud's Sanesi, Qwant, Bruno Zerbib, Zerbib Organizations: Reuters, Portugal — Tech, CNBC, Data, of Justice, EU, General Data Protection, U.S, Sovereign, Nvidia, Orange Locations: Reuters LISBON, Portugal, Brussels, U.S, Europe, OVHCloud, Italy, Italia, Denmark, Berlin, Paris, French

☆ Chase is driving the future of banking through a digital and tech overhaul
▼ + stars: | 2024-11-14 | by ( Sponsored Chase | ) www.businessinsider.com time to read: +10 min

Chase, with Chief Product Officer Rohan Amin and CIO Gill Haus at the helm, is focused on advancing technology and modernizing digital experiences. Tech, product, design, data, and digital teams collaborate to serve customer needs, operating as a product-focused organizationInternally called PXT, the organization is the heart and brain driving the future of digital banking at Chase. This prompted rapid deployment of tech solutions for employees supporting digital experiences. This prompted rapid deployment of tech solutions for employees supporting digital experiences. Enhanced customer experience: Improved satisfaction ratings in the Chase Mobile ® app and other digital platforms.

Persons: Chase, Rohan Amin, Gill Haus, Rohan, Gill, JPMorgan Chase Organizations: Chase, Chase Mobile, Insider Studios, JPMorgan, Disability, JPMorgan Chase & Locations: United States, Mobile

WASHINGTON — Tech mogul Elon Musk briefly joined President-elect Donald Trump's phone call with Ukrainian President Volodymyr Zelenskyy on Wednesday, according to a source familiar with the matter. Neither Zelenskyy nor Trump had previously disclosed that Musk was on the call. Musk has also had phone conversations with Russian President Vladimir Putin, according to a source with knowledge of the matter. Near the start of the war, after Russia invaded, Musk helped provide internet support for Ukraine. In October 2022, he suggested that Ukraine cede Crimea to Russia as part of a possible peace deal, drawing rebukes from Zelenskyy and other Ukrainian officials.

Persons: Elon Musk, Donald Trump's, Volodymyr Zelenskyy, Zelenskyy, Trump, Musk, Axios, Kamala Harris, JD Vance, Vladimir Putin Organizations: WASHINGTON — Tech, Elon, Trump, Ukrainian Embassy, Washington , D.C, Wall Street, Emergency, SpaceX Locations: Ukrainian, Washington ,, Ukraine, U.S, Russia, Crimea

☆ Chinese smartphone maker Oppo doubles down on AI, says in regular talks with Google and Microsoft
▼ + stars: | 2024-10-24 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +3 min

Chinese smartphone company Oppo ranks second in mainland China, and fourth worldwide, according to Canalys. Nurphoto | Nurphoto | Getty ImagesBEIJING — Chinese smartphone company Oppo is doubling down on artificial intelligence as it holds weekly talks about AI with senior management at Google and Microsoft in the run-up to the launch of its flagship phone overseas. The rise of generative AI — tech that can produce human-like responses when prompted — has companies from Apple to Honeywell rushing to tap its capabilities. AI smartphones set for growthOppo in June announced it plans to integrate generative AI in 50 million of its devices this year. Apple next week is due to publicly release its first software update with AI tools.

Persons: —, Billy Zhang, Zhang, Xiaomi, Oppo Organizations: Nurphoto, Getty, Google, Microsoft, Apple, Honeywell, CNBC, Samsung, Tech Locations: China, BEIJING, Shenzhen, Europe, Southeast Asia, U.S

☆ North Korea knows its troops could desert in Ukraine. It has chilling ways to keep them in line.
▼ + stars: | 2024-10-24 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +6 min

The US says North Korean troops are in Russia, possibly bound for the war in Ukraine. AdvertisementAny North Korean troops sent to fight in Ukraine would be subject to harsh measures to ensure they don't desert, observers have told Business Insider. On Wednesday, US Defense Secretary Lloyd Austin said "there is evidence" that North Korean troops were training in Russia. Scattered reports have claimed that smaller numbers of North Korean troops are already in Ukraine. Bennett said that the presence of North Korean troops in Ukraine could offer a rare opportunity to reach high-placed North Korean citizens.

Persons: —, Lloyd Austin, Hromadske, Kim Jong Un, Joseph S, Bermudez Jr, Kim Jong, It's, Mark Collins, Kim, Bermudez, They're, Bruce W, Bennett, they've, Kim's, Kim Yo Jong, we've Organizations: North, Service, US, Business, Center for International, Strategic Studies, National Intelligence Service, South, Workers ' Party of Korea, RAND Locations: Russia, Ukraine, North Korea, South Korea North Korea, North Koreans, Pyongyang, Korea, Nazi, Soviet, South Korea

☆ UK regulator warns of big fines, service suspensions for tech giants ahead of new safety rules
▼ + stars: | 2024-10-17 | by ( Ryan Browne | ) www.cnbc.com time to read: +2 min

The Online Safety Act includes sweeping new rules that will force large tech firms to do more to combat illegal content online. Over the past six months, Ofcom has consulted on its codes and guidance for illegal harms, pornography age verification and children's safety. The regulator added that, while these are positive steps, more changes will be needed wen the Online Safety Act comes into force. From December this year, Ofcom will publish first edition illegal harms codes and guidance. Tech platforms will then have three months to complete an illegal harms risk assessment.

Persons: it's Organizations: — Technology, Ofcom Locations: British

☆ Mark Zuckerberg should forget the Quest: Meta's Orion is the real game changer, tech analysts say
▼ + stars: | 2024-09-27 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +4 min

But some tech analysts contend people are most interested in truly wearable tech, like Orion. Quest is limiting because of its bulk — and Orion AR glasses are an improvement, the analysts said. Some said they're persuaded that augmented-reality wearable glasses like Orion have more potential than mixed-reality headsets, like the bulky Quest. Meta's Quest, pictured in May, doesn't have as much potential as its new Orion glasses, some analysts say. AdvertisementHe said that's why he likes Zuckerberg's vision of more easily wearable tech, like Orion.

Persons: —, Mark Zuckerberg, they're, Zuckerberg, Gene Munster, Munster, doesn't, It'll, Justin Post, Meta hasn't, Ben Thompson, Andrew Bosworth, Orion Organizations: Meta, Service, Orion, Quest, Deepwater Asset Management, Munster, Orion . Bank of America Locations: Orion .

☆ AMD CEO talks competition with Nvidia: 'there’s no one size fits all in computing'
▼ + stars: | 2024-09-18 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

When CNBC's Jim Cramer asked AMD CEO Lisa Su about competition with artificial intelligence powerhouse Nvidia , she said there was room for more than one major player in the red-hot semiconductor industry. "The way to think about it is, there's no one size fits all in computing," she said. Both AMD and Nvidia design semiconductor chips essential for the new generative AI technology everyone in the enterprise is clamoring for. To Su, the "technology ecosystem" works well when there's competition and partnership, saying there should be areas where rivals work together and where they compete. Su also discussed the future of AI, saying the world is just beginning to recognize what AI can do.

Persons: Jim Cramer, Lisa Su, Su, It's Organizations: Nvidia, AMD, Intel, Big Tech

☆ Sports gambling is bigger than ever. It's also gotten incredibly weird.
▼ + stars: | 2024-09-05 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

I live in the great state of New York, where online sports gambling has been legal since 2022. Different state, different gambling rulesMy trash-chute gambling pilgrimage is specific to me, but it represents one of the many quirks of the legalized gambling industry. When you're in New York, you're not allowed to bet on in-state colleges. Leagues love gambling, until they don'tBut what makes this new era of sports gambling particularly confusing is the relationship between sportsbooks and the leagues they're setting lines for. Yet despite all the promotion (and sponsorship money) touting sports gambling, athletes betting on their own games is still very much banned.

Persons: —, it's, York's, Pete Rose, LeBron James, Connor McDavid, Jayden Daniels, Malik Nabers Organizations: Service, Business, Syracuse University, Leagues, NFL, NBA, MLB, NHL, sportsbooks, Sports, ESPN, ESPN Bet Locations: New York, Connecticut, Illinois, sportsbooks

☆ I'm quitting my job at a big tech company to travel. Hustle culture is overrated — I'm taking a year off.
▼ + stars: | 2024-08-23 | by ( Maria Noyen | ) www.businessinsider.com time to read: +6 min

Read previewThis as-told-to essay is based on a conversation and emails with Nadia Said, a 25-year-old IT project manager at a major tech company where she started working full-time in 2020. When I was in my second year at Temple University, I got the opportunity to work at my company as an intern. Nadia Said, 25, is putting her burgeoning career in tech to focus on her mental health and passion for travel. I was talking to a friend who was working at a tech company. My big fear is that when I come back, I'm going to be ready to get a job and there won't be one available for me.

Persons: —, Nadia Said, Said, Hannah Vy Nguyen, ED JONES, what's, haven't, it's, I'm, I've Organizations: Service, Business, Temple University, Google, Microsoft, Getty Locations: Asia, South Korea, Europe, India

☆ Real Estate Status Symbol: New Home From Your Favorite Luxury Brand
▼ + stars: | 2024-08-14 | by ( James Rodriguez | ) www.businessinsider.com time to read: +11 min

This spring, the company unveiled plans for Pagani Residences, a 70-unit condo development in Miami's North Bay Village. Beyond automakers, there's a growing list of luxury brands hoping to use real estate to turn their cultural cachet into cold, hard cash. New York's five-star Sherry-Netherland Hotel began welcoming long-term residents almost a century ago, and since then roughly 700 branded residences have graced skylines around the world. But when it comes to branded residences, there are real selling points for buyers. The Elle project may seem out of left field, but Itani told me he's talking with another publication interested in making similar inroads.

Persons: carmaker Pagani, Pagani, Carlo Dipasquale, Aston Martin, Carbone, Gabbana, Elle, Sherry, we've, that's, Itani, Drake, Giorgio Armani, aren't, Brand, They're, they're, Laura Steinbruckner, Ferrari, Rob Sykes, WATG, hadn't, Cipriani, they've Organizations: Pagani Residences, Mercedes, Benz, Porsche, Bentley, Global, Condo, Brands, Carlton, Nobu, Peruvian, Armani Casa, South Florida —, Villa Miami, Major Food Group, Gabbana, Hilton, Fiat, Apple Locations: Bay, South Florida, Miami, Miami Beach, Dubai, London, New York, Netherland, Spain, Toronto, homebuilding, Plenty, Villa

☆ Customers didn’t stop spending. Companies stopped serving
▼ + stars: | 2024-08-09 | by ( Allison Morrow | ) edition.cnn.com time to read: +6 min

It’s called a sector rotation, and it happens all the time as part of the natural course of a business cycle. The US economy is still pretty strong, growing at an annualized rate close to 3% in the most recent quarter. But it’s not as if Americans have stopped going to restaurants — they’re just being a bit more discerning when they do. Instead, they’re going to Texas Roadhouse, where they can sit down and have some service with their meal. Or they’re swinging through Chipotle, which saw sales shoot up 11% last quarter at stores open at least a year.

Persons: CNN Business ’, they’ve, that’s, it’s, they’re, ”, Mark Hoplamazian, Marriott’s, Disney, Hugh Johnston, — they’ve, Pete Werner, wouldn’t Organizations: CNN Business, New York CNN, Wall, Texas, Disney, CNN, Bloomberg Locations: New York, —, Texas

☆ Tech's Divorced Dad Energy: Silicon Valley Is Letting Down Customers
▼ + stars: | 2024-08-06 | by ( Ed Zitron | ) www.businessinsider.com time to read: +15 min

Big Tech companies became less known for one particular product. Instead, Big Tech became obsessed with a series of half-baked boondoggles that seemed revolutionary, yet in practice, were either not reliable enough to be trusted or simply not that useful. Big Tech has become sullen, entitled, and lazy, believing that nobody else could snatch away its precious customers. Related storiesEven when tech companies aren't trying to shove AI down our throats, they fall into a similar trap. AdvertisementWhen the public eventually walks out, I don't believe Big Tech is even capable of making the adjustments necessary to win them back.

Persons: Smart, surly, Apple, Meta, Tesla, Elon Musk, Musk, —, Goldman Sachs, Jim Covello, Sundar Pichai, it's, Tech's, Satya Nadella Organizations: Google, Microsoft, Apple, Big Tech, Siri, Amazon, Meta, Tech, Facebook, cryptocurrency, Porsche, Microsoft Windows Locations: America

☆ Nvidia is the early winner in Big Tech's latest earnings season
▼ + stars: | 2024-07-31 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +1 min

Big Tech companies are reporting earnings this week, and there's already one early winner: Nvidia. Microsoft said it was spending big on buying tech to power its AI — tech made by Nvidia. AdvertisementA slew of Big Tech companies are reporting earnings this week, and already at least one clear winner has emerged: Nvidia. Nvidia makes a good chunk of the technology used to power AI. Tech giants are expected to be grilled on their AI spending in this week's earnings calls, and some already have been.

Persons: — Organizations: Big Tech, Nvidia, Microsoft, Service, Tech

☆ Lockheed Martin's new compact hypersonic missile enables America's stealth fighters to engage targets at Mach 5 speeds
▼ + stars: | 2024-07-26 | by ( Alex Hollings | Sandboxx News | ) www.businessinsider.com time to read: +12 min

Hypersonic missiles are weapons that are capable of achieving sustained speeds in excess of Mach 5 while maneuvering. It is a true hypersonic weapon that operates and maneuvers in a high-altitude hypersonic regime," Paul Sudlow from Lockheed Martin Missiles and Fire Control previously told Sandboxx News. AdvertisementAdding the Mako missile to America's stealth fightersA render of an F-35 equipped with Mako missiles. Designed in a 'digital engineering ecosystem'A render shows the Mako hypersonic missile in flight. Leon Neal/Getty ImagesOne of the biggest challenges facing the laundry list of hypersonic weapons in active development for the US military is cost.

Persons: —, Lockheed Martin, Mako, Paul Sudlow, Sudlow, Nano Calvo, Northrop Grumman, Rick Loy, Lockheed Martin's, Lockheed, Lockheed Martin Lockheed Martin, Leon Neal Organizations: Service, Mako, Lockheed, US Air Force, US Navy, Business, Lockheed Martin Missiles, Control, Sandboxx, Air, Sandboxx News, EA, AIM, Air Force, Navy, Marine Corps, Getty, US Air, Northrop, Naval News, Visitors, Defense Department, Congressional Locations: Mako, Lockheed Martin Europe, London

☆ The AI hype train is still running at full tilt — just don't ask where the profits are
▼ + stars: | 2024-07-25 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +7 min

pic.twitter.com/0licQGfphn — Mustafa Suleyman (@mustafasuleyman) October 20, 2023Expectations for the AI boom to generate serious money are absurdly high, then, which helps explain why the hype train for the technology is still running at full tilt. AdvertisementThat was probably hard for investors to hear given AI has pushed Google to spend more. Similar questions around the gap between returns and hype have shown themselves this week in startup land, too. Toronto-based AI startup Cohere, founded by ex-Googlers in 2019, announced a fresh funding round of $500 million on Monday, putting its valuation at about $5.5 billion. Last year, veteran venture capitalist Vinod Khosla suggested most startups were overvalued and that most investments in AI "will lose money."

Persons: —, Mustafa Suleyman, — Mustafa Suleyman, Sundar Pichai, Philipp Schindler, Katherine Tangalakis, Lippert, Pichai, Cohere, It's, Harvey —, Winston Weinberg, Gabriel Pereyra —, Harvey, Vinod Khosla Organizations: Service, Business, Google, Microsoft, BI, Google Ventures Locations: California, Toronto, Cohere

☆ OpenAI is testing an artificial intelligence search engine
▼ + stars: | 2024-07-25 | by ( Clare Duffy | ) edition.cnn.com time to read: +3 min

New York CNN —OpenAI on Thursday announced its most direct threat yet to its stalwart Big Tech rivals: a search engine that uses artificial intelligence baked in from the beginning. The company is testing SearchGPT, which will combine its AI technology with real-time information from the web to allow people to search for information in the same way they talk to ChatGPT. While the search engine is currently in an early test for a limited number of users, OpenAI said it plans to integrate the tools into ChatGPT in the future. SearchGPT could also pose a threat to Microsoft’s Bing, the also-ran search engine player that last year incorporated OpenAI’s own technology in an effort to better compete with Google. However, OpenAI said Thursday that it partnered with publishers to build the tool and give them options to “manage how they appear” in SearchGPT’s results.

Persons: OpenAI, SearchGPT, Microsoft’s Bing, ChatGPT –, they’ll, they’ve Organizations: New, New York CNN, Big Tech, Google, Magazine Locations: New York, Minnesota

☆ 'Every trench' in Ukraine needs a close-range electronic warfare shield against drones and other threats, top official says
▼ + stars: | 2024-06-25 | by ( Jake Epstein | ) www.businessinsider.com time to read: +5 min

Read previewRussia and Ukraine have relied heavily on electronic warfare tactics throughout the conflict, leaning on cheap — but highly effective — technology to interfere with the targeting process of precision strike weapons like attack drones and guided munitions. With the battlefield full of such threats, especially the drones that threaten anything that moves, the need for electronic warfare systems is tremendous. "Different EW tools are needed to conduct strategic missions, but there is also a huge need for so-called 'close-range' EW," Fedorov said. Related storiesClose-range electronic-warfare systems would be particularly useful against enemy drones, specifically the small quadcopters that conduct reconnaissance and strike missions. "You can have the best drone, but what's the sense if it can't fly under electronic warfare?"

Persons: —, Mykhailo Fedorov, we've, Fedorov, Yar, Jose Colon, Doug Bush, Bush, Khrystyna Lutsyk, Nicole Petrucci, Petrucci Organizations: Service, Kyiv, Business, AP, 22nd Infantry Brigade, Anadolu, Getty, 24th Mechanized Brigade, US Space Force, Air & Space Forces Magazine Locations: Russia, Ukraine, Ukrainian, Bakhmut, Donetsk, Kyiv, China

☆ How one rising Miami VC raised more money for his first fund. Other emerging investors haven't been so lucky.
▼ + stars: | 2024-05-16 | by ( Vishal Persaud | ) www.businessinsider.com time to read: +7 min

Evans is the founder of Exceptional Capital, which launched in 2022 among the many emerging VC firms that sprouted during the fundraising boom years. Before pursuing a life in venture capital and tech, Evans hoped to make it to the NFL as a linebacker at the University of Michigan. And then in 2022, Evans decided to launch Exceptional Capital and invest as a solo VC. Exceptional CapitalBecause he's been able to increase the size of his fund, Evans has been able to expand his team. "I could see that for Marell as well, just his work with Exceptional Capital and kind of his determination there."

Persons: —, Marell Evans, Evans, he's, Dave Brandon, Brandon, Ben Horowitz, Andreessen Horowitz, Horowitz, A16z, Okta, Owen Van Natta, Hustling, Melissa Morano Aurigemma, Graham Stoddard, Andrew Van Nest, I've, Cody Coleman, Coleman, what's Organizations: Service, Exceptional, Business, NFL, University of Michigan, NCAA, IBM, Facebook, Vision, SV Angel, A16z, Exceptional Capital Locations: Miami, Michigan, San Francisco, Okta, Silicon Valley, SoftBank, —, Bessemer

☆ Floods in Brazil spark conspiracy theories over the cause, including toxic jet vapor trails and antennas in Alaska
▼ + stars: | 2024-05-12 | by ( Cameron Manley | ) www.businessinsider.com time to read: +4 min

Floods in Brazil's Rio Grande do Sul have sparked a number of online conspiracy theories. Jefferson Bernardes/Getty Images"What's happening in Rio Grande do Sul is definitely not natural," one user wrote on X. Advertisementvapor trails — "chemtrails" — spread by the government and then activated by HAARP antennas in Alaska to alter the weather, AFP reported. In the 1990s, a conspiracy theory evolved that they contained dangerous chemicals purposely put in the trails. Advertisement"The warmer atmosphere can store much more water vapor, fueling more frequent and intense episodes of rainfall that lead to disasters like this," he said, while also dismissing the HAARP theory.

Persons: —, Eduardo Leite, El Niño, Porto Alegre . Jefferson Bernardes, Hugo Chavez, Russell Brand, nesta, Gc4PiOiPv1 — Frederico Athia, Carlos Nobre Organizations: Service, National Institute of Meteorology, Research, AFP, BBC, Brazil's National Institute of Science, Technology, United Arab Emirates, University of Cambridge Locations: Brazil's Rio Grande do Sul, Rio Grande do Sul, Brazil, Porto Alegre ., American, Haiti, Alaska, Dubai

☆ I lived in Cuba for 20 years. Moving back to the US has me questioning the meaning of 'home.'
▼ + stars: | 2024-05-07 | by ( Conner Gorry | ) www.businessinsider.com time to read: +6 min

After living there for 20 years, she saw herself as an immigrant, rather than an expat. I'm in the toothpaste aisle at Target, dumbfounded by a selection that runs several shelves long and as many high. After more than 20 years in Cuba, where Close-Up and La Perla were the only choices for most of that time, I'm overwhelmed by the number of options. In Cuba, moreover, women have full autonomy over their bodies, which I feel is the only way it should be. Comfort food, like a juicy hamburger, is one of the great things about living back in the US.

Persons: Conner Gorry, —, La Perla, Davidson Jose Salgado, Harley, Davidson, Fidel Castro, I'd, you've, I'm, doctor's, Carolyn Gorry, I've Organizations: Service, La, World Trade, Harley, Diplomats Locations: New York, Havana, Target, Cuba, Detroit, Pakistan, Haiti, —, Dijon

Search resuls for: "— Tech"

25 mentions found