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In this article AAPL Follow your favorite stocks CREATE FREE ACCOUNTApple CEO Tim Cook gestures during the annual developer conference event at the company's headquarters in Cupertino, California, U.S., June 10, 2024. Carlos Barria | ReutersApple could launch a connected ring to rival Samsung by 2026, according to CCS Insight, adding to the U.S. tech giant's focus on health. In fact, I would go so far as to say, at the point that Tim Cook decides to relinquish control and he retires ... "Given how deeply and personally invested Tim Cook is in health, I think that a ring is a very complimentary extension to Apple," he said, referring to Apple CEO Cook. Similar to smartwatches, a smart ring is embedded with various sensors to track health metrics like heart rate.
Persons: Tim Cook, Carlos Barria, Ben Wood, CNBC's, Cook, Wood Organizations: Reuters Apple, Samsung, CCS Insight, Apple, Apple Watch, Samsung Galaxy, South Locations: Cupertino , California, U.S, Cupertino, South Korean
Almost everyone else seems to want to deploy AI in some meaningful way but don't seem to know how. It's available on HP 's AI personal computers right now but hasn't really attracted a lot of interest yet — good for Club company Best Buy 's forward earnings. For some companies, companies like CVS , this is a no brainer. One that can build things or get things or just give you a cup of your coffee. I don't know what will happen to people who are doing this now.
Persons: Jensen Huang, Marc Benioff, Copilot, hasn't, Uber, San Francisco —, Amazon's, Benioff, Benioff's, Agentforce, Tesla, Elon, Donald Trump, Pat Gelsinger, gunning, Lisa Su, Jensen, Su, wasn't, Nvidia's Blackwell, Blackwell, Mike Sievert, Jim Cramer's, Jim Cramer, Jim, Carlos Barria Organizations: Microsoft, Club, Nvidia, Oracle, HP, Devices, AMD, Saks Fifth, CVS, Siemens, Starbucks, Intel, Qualcomm, Arm Holdings, Enterprise, Constellation Energy, GE Vernova, Apple, Mobile, Jim Cramer's Charitable, CNBC Locations: San Francisco, Atlanta, Austin , Texas, Dreamforce, bailiwick, Eaton, Dover, California
Mark Zuckerberg is in his fashion designer era
  + stars: | 2024-08-04 | by ( Jordan Hart | ) www.businessinsider.com   time to read: +5 min
Read previewAfter finally ditching his daily navy tees to show off more of his personal style, Mark Zuckerberg is taking his fashion journey a step further. Since then, Mark has made his own gold chain meme (using Meta AI, of course.) In April Zuckerberg said he was working with a jewelry designer to create the perfect gold necklace dedicated to his daughters. Meta CEO Mark Zuckerberg predicted that smart glasses, enabled with AI technology, will become commonplace. AdvertisementAnd with such a positive response to his new "drip," it won't be surprising if Zuckerberg keeps pushing into the fashion industry.
Persons: , Mark Zuckerberg, he's, Zuckerberg, Adam Mosseri, Ban, Cooper Neill, Mark, hasn't, Augustus, Carlos Barria, Ray Organizations: Service, Business, Ray, Getty, Meta, Google, REUTERS Locations: Instagram, libertatem
It could help former President Donald Trump's hush-money conviction survive the US Supreme Court immunity opinion. Trump's lawyers are about to file what's known as a 330.30 motion to set aside the verdict. The Supreme Court presidential immunity opinion bars official-act evidence. US Supreme Court/BITrump's lawyers now say there were at least four times that the judge improperly let Manhattan prosecutors show official-act evidence to the jury. Trump's hush-money conviction appeal will take years and could even lead back to the US Supreme Court.
Persons: , Donald Trump's, SCOTUS, Juan Merchan, he'll, John Moscow, Lewis Baach Kaufmann Middlemiss, It's, Donald Trump, Michael Cohen, Stormy Daniels, Trump, Cohen, Carlos Barria Trump, Diana Florence, Florence, Donald J, Hope Hicks, Andrew Harnik Trump, Joshua Steinglass, he's, Hicks, Said Florence, Charles Solomon, Solomon, Thomas Franczyk, Merchan, Trump's, Moscow, Justice Clarence, Thomas, Cannon, Aileen Cannon Organizations: Service, Business, New, Trump, Trump Organization, Attorney's, BI Trump, White House, White House Communications, AP, Prosecutors, Manhattan, BI Locations: York, Manhattan, New York, Moscow, Florence, Buffalo, Erie County, Florida
Japan said basing the new fighter aircraft in the country would enhance US capabilities there. But from 2022, as the twin-engine fighters neared the end of their service life, the US Air Force began pulling them from Kadena. The F-15EX is the Air Force’s newest fighter jet, with the first operational plane delivered to the Oregon Air National Guard in early June. The F-35As that will be stationed at Misawa Air Base are the Air Force’s newest stealth fighters. F-35s deliver “an enhanced capability to survive in the advanced threat environment in which it was designed to operate,” an Air Force fact sheet says.
Persons: Yoshimasa Hayashi, Carlos Barria, 15EX, Peter Layton, ” Layton, Layton, , CNN’s Hanako Montgomery Organizations: CNN, Defense Department, Pentagon, Japan Alliance, Misawa Air Base, Kadena Air Base, Marine Corps Air Station Iwakuni, U.S . Air Force, Chinese Communist Party, US Air Force, Boeing, Military, Air Force’s, Oregon Air National Guard, USAF, Air Force, Griffith Asia Institute, Royal Australian Air Force, Japan Locations: Japan, Okinawa, Hiroshima, Honshu, United States, U.S, China, Russia, North Korea, Tokyo, East, North, Pyongyang, Britain, Australia, Nevada, Taiwan, Kadena, Washington
Like many flags and historical symbols, the Appeal to Heaven flag has multiple meanings and has been used in differing capacities. What is ‘An Appeal to Heaven?’The Appeal to Heaven flag, or “Pine Tree” flag, features a green pine tree on a white field, with the words “An Appeal to Heaven” in black text above it. The pine tree retained this meaning of resistance, and has appeared on some state flags and seals. However, the polarizing recent history of the Appeal to Heaven flag is starting to become known. This week, the city of San Francisco made the decision to remove an “Appeal to Heaven” flag that flew alongside several other flags over City Hall.
Persons: Samuel Alito, Mike Johnson’s, George Washington’s, Alito, Johnson, , John Locke’s “, Donald Trump, Trump, Carolyn Kaster, Jemar Tisby, Tisby, Barack Obama’s, Sheets, “ It’s, it’s, ” Sheets, “ There’s, Mike Johnson, CArlos Barria, George Washington, , ” Alito, San Francisco, Daniel Montez, Josh Du Lac Organizations: CNN, American, Continental Army, Trump, Simmons College, Tea Party, Republican, Christian, Associated Press, , City, Francisco Recreation, Parks Locations: New Jersey, Massachusetts, San Francisco’s, British, New England, Washington ,, Kentucky, Gadsden, Ohio, San, Francisco
Carlos Barria | Afp | Getty ImagesDifferences between U.S.-led Western and China-aligned economic blocs threaten global trade cooperation and economic growth, a top official with the International Monetary Fund warned on Tuesday. IMF Deputy Managing Director Gita Gopinath said in a speech at Stanford University that events such as the global pandemic and Russia's invasion of Ukraine have disrupted global trade relations in ways not seen since the Cold War. "Increasingly, countries around the world are guided by economic security and national security concerns in determining who they trade with and invest in," she said, adding that this has resulted in countries increasingly picking sides between China and the U.S. Trade between the China and U.S. blocs has declined compared with trade among countries within the groupings, Gopinath said. The U.S. bloc mainly includes Europe, Canada, Australia and New Zealand, while China-leaning countries include Russia, Eritrea, Mali, Nicaragua and Syria.
Persons: Xi Jinping, Carlos Barria, Gita Gopinath, Gopinath Organizations: National Committee, China Relations, China Business Council, Economic Cooperation, APEC, Afp, International Monetary Fund, Stanford University, U.S, IMF, Trade, West Locations: Asia, San Francisco , California, China, Ukraine, Washington, Beijing, U.S, South, Taiwan, Europe, Canada, Australia, New Zealand, Russia, Eritrea, Mali, Nicaragua, Syria
So far, though, many public health experts don't think this rings alarm bells about the safety of the food supply. Nathan Frandino/ReutersThe FDA oversees the nation's milk supply, and the US Department of Agriculture oversees dairy cows. Both say they believe the commercial milk supply is safe, due to the pasteurization process and the practice of disposing of milk from sick cows. Some states allow the sale of unpasteurized, aka "raw," milk or cheese, which the CDC recommends avoiding. "To date, we have seen nothing that would change our assessment that the commercial milk supply is safe.
Persons: , Dr, Jerome Adams, Trump, Pasteurization, Nathan Frandino, Carlos Barria, Adams, Samuel Alcaine, Cook, who's, I'm Organizations: Service, Drug Administration, Business, Purdue University, Johann, FDA, US Department of Agriculture, Washington Post, The New York Times, Mountain Creamery, Cornell University, CDC, Workers Locations: Fresno , California, Middletown , Maryland
META YTD mountain Meta Platforms YTD Meta has the biggest tailwind on Earth being dangled in front of it — the newly signed law that says Chinese company ByteDance must sell TikTok or face a U.S. ban on the short-form video platform. AMZN YTD mountain Amazon YTD Amazon is also in the loved category but reports this coming Tuesday. NVDA YTD mountain Nvidia YTD I have no idea how Nvidia got to be a fence-sitter. AVGO YTD mountain Broadcom YTD Broadcom is iffy. CRM YTD mountain Salesforce YTD Salesforce has become mighty complicated.
Persons: I'm, Mark Zuckerberg, Meta, Andy Jassy, It's, Claude AI, Jensen Huang, Nvidia's, hasn't, it's, Hock Tan, Salesforce, Marc Benioff, what's, that's, Jim Cramer's, Jim Cramer, Jim, Carlos Barria Organizations: Microsoft, Meta, he's, Google, Amazon, Services, Nvidia, Broadcom, Blackwell, VMWare, calvary, PayPal, Informatica, Apple, CNBC, Facebook Locations: U.S, Oregon, Informatica, China, Menlo Park , California
China's President Xi Jinping speaks at an event held by the National Committee on US-China Relations and the US-China Business Council on the sidelines of the Asia-Pacific Economic Cooperation (APEC) Leaders' Week in San Francisco, California, on November 15, 2023. Carlos Barria | Afp | Getty ImagesBEIJING — Chinese President Xi Jinping told U.S. executives on Wednesday that bilateral relations can improve, and pledged that Beijing would keep working to improve the business environment. In the Chinese side's readout, Xi described China's economy as "sound and sustainable," and pushed back on some forecasts that the country would soon "peak." The National Committee on U.S.-China Relations did not provide a statement. "I commend [Xi's] personal engagement in the U.S.-China relationship, including a meeting like this.
Persons: Xi Jinping, Carlos Barria, Stephen Schwarzman, Cristiano Amon, Evan G, Greenberg, Harvard's John F, Dean Graham Allison, Craig Allen, Xi, Wang Yi, Zheng Shanjie, Commerce Wang Wentao, Rajesh Subramaniam, Chubb Organizations: National Committee, China Relations, China Business Council, Economic Cooperation, APEC, Afp, Getty, U.S, China -, Blackstone, Qualcomm, Kennedy School of Government, U.S ., China Business, Authorities, National Development, Commerce, FedEx, CNBC, Committee Locations: Asia, San Francisco , California, BEIJING, Beijing, China, United States, U.S
Other regional bank stocks got slammed: By the end of the day, most saw their stock down by double-digit percentages. Kori Suzuki/ReutersIt’s been exactly one year since that fateful day marked the start of a string of subsequent bank failures. Because of that, “there will be bank failures,” Federal Reserve Chair Jerome Powell warned senators in his semi-annual testimony last week. Bruce Van Saun: People like to call last year’s bank failures regional bank failures. Office real estate is just one component of commercial real estate, albeit the most worrisome to banks and economists.
Persons: Bruce Van Saun, NYCB, Kori Suzuki, Reuters It’s, it’s, Jerome Powell, Van Saun, Richard Drew, didn’t, Michael Nagle, Joseph Otting, Otting, CARLOS BARRIA, we’re, we’ve Organizations: New, New York CNN, Citizens Financial Group, New York Community Bank, NYCB, Reuters, CNN, Signature Bank, Silicon Valley Bank, Citizens Financial, Providence, Financial Group, Bloomberg, SVB, we’re, SoFi, Citizens, OneWest Bank, CIT Group, REUTERS Locations: New York, Silicon, San Francisco , California, Providence , Rhode Island, Covid
New York CNN —It’s no secret that commercial real estate (CRE) has become a source of stress for banks. Regional banks were on high alert recently after New York Community Bancorp (NYCB) reported steeper-than-expected future losses on commercial real estate loans. So why is it that the smaller, regional banks are so much more exposed to commercial real estate? Office real estate is among the bank’s smaller commercial real estate subcomponents. Robbins of Valley National Bank told CNN “we remain comfortable with our diverse and granular commercial real estate portfolio.”Office real estate is just one component of commercial real estate, albeit the most worrisome to banks and economists.
Persons: New York CNN —, Goldman Sachs, Fitch, Banks, BankRegData, Flagstar, , JPMorgan Chase, , Michael Brochstein, it’s, Ira Robbins, Robbins, CNN “, Carlos Barria, Organizations: New, New York CNN, New York Community Bancorp, Flagstar Bank, Federal Deposit Insurance Corporation, National Bank, JPMorgan, Getty, Valley National Bank, CNN, Fitch, FDIC, Reuters Locations: New York, Morristown , New Jersey
CNN —With its bright lights, big names and halftime shows, the Super Bowl has always been the biggest sporting ticket in the US. Kansas City Chiefs quarterback Patrick Mahomes holds the Lombardi Trophy after the Chiefs won Super Bowl LVIII on Sunday, February 11. Steph Chambers/Getty Images Chiefs tight end Travis Kelce kisses his girlfriend, singer Taylor Swift, during the postgame celebrations. This was just the second Super Bowl in history to go to overtime. Swift, Ice Spice, Blake Lively and others were in attendance for Super Bowl LVIII.
Persons: Taylor Swift, Patrick Mahomes, Mahomes, Steph Chambers, Travis Kelce, Brynn Anderson, Trey Smith, Eric Gay, Adam Hunger, Andy Reid, Julio Cortez, Kyle Juszczyk, Mecole Hardman Jr, Jamie Squire, Hardman, Ezra Shaw, Tim Nwachukwu, Christian McCaffrey, Jake Moody, Frank Franklin II, Bill Vinovich, Mike Blake, Reuters Kelce, Fred Warner, David J, Phillip, Moody, Harrison Butker, Jauan Jennings, Kirby Lee, Chris Jones, Brock Purdy, George Walker IV, Kyle Shanahan, Marquez Valdes, Scantling, David Gray, Ray, Ray McCloud III, Stephen R, James Lang, Brian Snyder, Ji'Ayir Brown, Doug Benc, Gregory Bull, McCaffrey, Jennings, Dre Greenlaw, Achilles, Kelce, Reid, Isiah Pacheco, Pacheco, Harry, Trent McDuffie, Deebo Samuel, Chris Conley, Javon Hargrave, Sam Lutz, George Kittle, Getty Images Purdy, Michael Reaves, Nick Bolton, Candice Ward, Reba McEntire, Lively, McEntire, Andra Day, Jay, Blue Ivy, Rumi, Steve Luciano, Carlos Barria, Sterling, ’ Taylor, cutaways, Jason’s, Swift, Blake Lively, Vince Lombardi, Bill Belichick, Belichick, Don Shula’s, Hall, Tom Landry, Belichick hasn’t, Alex Grimm, Joe Flacco, Damar Hamlin, Hamlin, commotio cordis, Jeffrey T, Barnes, Dan Campbell, Aaron Rodgers, Rodgers, Robert Saleh, There’s, Organizations: CNN, Super, Kansas City Chiefs, San Francisco 49ers, NFL, Chiefs, Getty, AP Chiefs, Hardman, AP 49ers, 49ers, Reuters, USA Today Sports Chiefs, AP, USA, Network, Sports, Reuters 49ers, CBS, Reuters Chiefs, Getty Images, Allegiant, Vegas, New England Patriots ’, Green Bay Packers, Patriots, The Patriots, Kansas City Super, New England Patriots, of Fame, Hall of Fame, Atlanta Falcons, Indianapolis Colts, Deutsche Bank, Cleveland Browns, Buffalo Bills, Bills, Miami Dolphins, Dallas Cowboys, Detroit Lions, Lions, NFC, New York Jets, Jets Locations: Las Vegas, Brittany, Japan, Allegiant, , Kansas, Massachusetts, Foxborough, Frankfurt, Germany, Cincinnati, East Rutherford
Steph Chambers/Getty Images Chiefs tight end Travis Kelce kisses his girlfriend, singer Taylor Swift, during the postgame celebrations. Adam Hunger/AP Chiefs head coach Andy Reid, second left, celebrates with staff members after the game. Jamie Squire/Getty Images Chiefs wide receiver Marquez Valdes-Scantling celebrates after catching a 16-yard touchdown pass in the third quarter. George Walker IV/AP Kelce yells at Reid after Chiefs running back Isiah Pacheco fumbled in the red zone during the second quarter. Mike Blake/Reuters Chiefs cornerback Trent McDuffie defends a pass intended for 49ers wide receiver Deebo Samuel during the second quarter.
Persons: Travis Kelce, Andy Reid, Jason, Kelce, it’s, Aw, , Reid, Jerick McKinnon, I’d, , ” Travis, , Reid –, , ” Kelce, Patrick Mahomes, Mahomes, Steph Chambers, Taylor Swift, Brynn Anderson, Trey Smith, Eric Gay, Adam Hunger, Julio Cortez, Kyle Juszczyk, Mecole Hardman Jr, Jamie Squire, Hardman, Ezra Shaw, Tim Nwachukwu, Christian McCaffrey, Jake Moody, Frank Franklin II, Bill Vinovich, Mike Blake, Reuters Kelce, Fred Warner, David J, Phillip, Moody, Harrison Butker, Jauan Jennings, Kirby Lee, Chris Jones, Brock Purdy, George Walker IV, Kyle Shanahan, Marquez Valdes, Scantling, David Gray, Ray, Ray McCloud III, Stephen R, James Lang, Brian Snyder, Ji'Ayir Brown, Doug Benc, Gregory Bull, McCaffrey, Jennings, Dre Greenlaw, Achilles, Isiah Pacheco, Pacheco, Harry, Trent McDuffie, Deebo Samuel, Chris Conley, Javon Hargrave, Sam Lutz, George Kittle, Getty Images Purdy, Michael Reaves, Nick Bolton, Candice Ward, Reba McEntire, Lively, McEntire, Andra Day, Jay, Blue Ivy, Rumi, Steve Luciano, Carlos Barria, Sterling, That’s Organizations: CNN, Kansas City Chiefs, Chiefs, San Francisco 49ers, CBS, Philadelphia Eagles, Super, Getty, AP Chiefs, Hardman, AP 49ers, 49ers, Reuters, USA Today Sports Chiefs, AP, USA, Network, Sports, Reuters 49ers, Reuters Chiefs, Getty Images, Allegiant, Vegas, Bowl Locations: Las Vegas, Brittany
Atmospheric rivers are rivers of water vapors low in the Earth's atmosphere. Below, we answer some FAQs about atmospheric rivers. What causes an atmospheric river? Atmospheric rivers and hurricanes have a few things in common, Cordeira said, but "the processes in the atmosphere that give rise to a hurricane are different than the processes that give rise to atmospheric rivers." In 1994, MIT researchers Yong Zhu and Reginald E. Newell published a paper about "atmospheric rivers and bombs."
Persons: Jason Cordeira, Cordeira, El, it's, Carlos Barria, they're, Yong Zhu, Reginald E, Newell, Ralph et al Organizations: Service, Los Angeles Times, Scripps Institution of Oceanography's Center, Western, National Oceanic, Atmospheric Administration, West, Scripps Institution of Oceanography, REUTERS, MIT, University of California Locations: West Coast, Southern California, Mississippi, California, California , Oregon, Washington, Europe, Chile, New Zealand, Australia, West, Bolinas , California, Hawaii, San Diego
Meta and IBM Launch AI Alliance
  + stars: | 2023-12-05 | by ( Belle Lin | ) www.wsj.com   time to read: 1 min
Meta Platforms, led by CEO Mark Zuckerberg, has sought to stake its claim in the red-hot AI market as an open-source AI system through its Llama 2 AI model. Photo: CARLOS BARRIA/REUTERSMeta Platforms and International Business Machines launched a coalition of more than 50 artificial intelligence companies and research institutions that are pushing a so-called open model of AI, hoping to gain traction in a fast-growing market. The AI Alliance, whose members include Intel, Oracle , Cornell University and the National Science Foundation, said it is pooling resources to stand behind “open innovation and open science” in AI. Its members largely support open source, an approach in which technology is shared free and draws on a history of collaboration among Big Tech, academics and a fervent movement of independent programmers.
Persons: Mark Zuckerberg, CARLOS BARRIA Organizations: REUTERS, Business Machines, AI Alliance, Intel, Oracle, Cornell University, National Science Foundation, Big Tech
So far, Woods' plans have turned investors demanding an energy transition strategy into believers - at least on climate. At the same time, the company plans to have a leading role in the vehicle electrification business. Reuters GraphicsMORE OIL VS GREEN AMBITIONExxon's ambitious agenda includes starting up the world's largest hydrogen power plant by 2027. RISKY BUSINESSThe $17 billion budget for low carbon technologies as the company's total revenue grows next year "will continue to rise", the CEO said. Spending in low carbon currently is constrained by scarcity of customers willing to sign up for contracts and insufficient regulations, Woods said.
Persons: Darren Woods, Carlos Barria, Woods, , Paul Sankey, Sankey, Chris James, Dan Ammann, Goldman Sachs, Neil Mehta, Ammann, Brian Weeks, Chris Bohn, Sabrina Valle, Richard Valdmanis, Gary McWilliams, Anna Driver Organizations: ExxonMobil, Economic Cooperation, REUTERS, Exxon Mobil, Natural Resources, Chevron, Reuters, Exxon, Sankey Research, Carbon Solutions, Thomson Locations: Asia, San Francisco , California, U.S, United States, Sankey, Americas, Brazil, Guyana, Texas, Gulf of Mexico, Houston, Dubai
REUTERS/Carlos Barria Acquire Licensing RightsNEW YORK, Dec 4 (Reuters) - Former U.S. President Donald Trump is seeking permission to appeal a decision reinstating gag orders in his New York civil fraud case to the state's highest court, a court filing showed on Monday. A mid-level state appeals court last week reinstated the gag orders, which barred Trump and his lawyers from making public statements about court staff. Justice Arthur Engoron imposed the gag order on Trump on Oct. 3 after Trump accused Engoron's top clerk of political bias in a post on his Truth Social platform. The post left the court "inundated" with hundreds of threats from Trump supporters, Engoron said in a court filing. In Monday's filing, Trump lawyer Clifford Robert asked the mid-level appeals court, known as the Appellate Division, to allow Trump to appeal its reinstatement of the orders to the Albany-based Court of Appeals.
Persons: Donald Trump, Carlos Barria, Trump, Arthur Engoron, Engoron's, Engoron, Clifford Robert, Luc Cohen, Nick Zieminski Organizations: U.S, Republican, REUTERS, Former U.S, Trump, Appeals, Thomson Locations: Ankeny , Iowa, U.S, Former, New York, Albany
Speaking at a campaign event in Iowa, Trump said it was important to scrutinize the vote in the battleground states likely to determine the general election. "So the most important part of what's coming up is to guard the vote. Trump did not specify who he was asking to "go into" the battleground-state cities. In a second Iowa event on Saturday in Cedar Rapids, Trump reiterated plans to reform the Affordable Care Act, known informally as Obamacare, calling the healthcare insurance program "a disaster." Reporting by Nathan Layne in Cedar Rapids, Iowa, and Gram Slattery in Washington Editing by Matthew LewisOur Standards: The Thomson Reuters Trust Principles.
Persons: Donald Trump, Carlos Barria, Trump, Joe Biden, Timothy Naftali, Naftali, Biden, Nathan Layne, Gram Slattery, Matthew Lewis Organizations: U.S, Republican, REUTERS, Democratic, Trump, Republican National Committee, Republicans, Columbia University's School of International and Public Affairs, Capitol, Affordable, Thomson Locations: Ankeny , Iowa, U.S, RAPIDS , Iowa, Philadelphia, Iowa, Michigan , Pennsylvania, Georgia, what's, Detroit, Atlanta, Ankeny, Des Moines, Nazi Germany, Cedar Rapids, Cedar Rapids , Iowa, Washington
Darren Woods, CEO of ExxonMobil, reacts at the Asia-Pacific Economic Cooperation (APEC) CEO Summit in San Francisco, California, U.S., November 15, 2023. "So, you could say that about carbon capture today, you could say that about electric vehicles, about wind, about solar. The future role of carbon capture technology and fossil fuels is a key issue at the conference. Exxon has announced $17 billion of investment in its low carbon business, which includes carbon capture, and has argued that greenhouse gas emissions are the problem causing climate change, not the fossil fuels themselves. Woods declined to provide details of the contracts, but said U.S. subsidies in last year's Inflation Reduction Act of up to $85 a ton for carbon capture and sequestration would make the investments profitable.
Persons: Darren Woods, Carlos Barria, Woods, EVs, We're, Richard Valdmanis, Katy Daigle Organizations: ExxonMobil, Economic Cooperation, REUTERS, Rights, Exxon Mobil, International Energy, Reuters, Exxon, IEA, Thomson Locations: Asia, San Francisco , California, U.S, Dubai, Gulf of Mexico, United States
Foundation models like the one built by Microsoft (MSFT.O)-backed OpenAI are AI systems trained on large sets of data, with the ability to learn from new data to perform various tasks. In a meeting of the countries' economy ministers on Oct. 30 in Rome, France persuaded Italy and Germany to support a proposal, sources told Reuters. Until then, negotiations had gone smoothly, with lawmakers making compromises across several other conflict areas such as regulating high-risk AI, sources said. France-based AI company Mistral and Germany's Aleph Alpha have criticised the tiered approach to regulating foundation models, winning support from their respective countries. Other pending issues in the talks include definition of AI, fundamental rights impact assessment, law enforcement exceptions and national security exceptions, sources told Reuters.
Persons: Carlos Barria, Thierry Breton, Geoffrey Hinton, Alpha, Mistral, Mark Brakel, Supantha Mukherjee, Josephine Mason, Alexander Smith Organizations: Technology, Intelligence, REUTERS, Rights, Reuters, Foundation, Microsoft, European Commission, Mistral, Lawmakers, Life Institute, Thomson Locations: San Francisco, California, U.S, Rights STOCKHOLM, BRUSSELS, LONDON, France, Germany, Italy, Rome, Spain, Belgium, Stockholm
China's Xi tells coast guard to enforce maritime law
  + stars: | 2023-12-01 | by ( ) www.reuters.com   time to read: +1 min
China's President Xi Jinping attends the Leaders Retreat at the Asia-Pacific Economic Cooperation (APEC) Summit in San Francisco, California, U.S. November 17, 2023. REUTERS/Carlos Barria/File Photo Acquire Licensing RightsBEIJING, Dec 1 (Reuters) - China's President Xi Jinping has said the country's coast guard must enforce maritime law and crack down on "criminal activities" to defend China's territorial sovereignty, state media reported on Friday. Xi made the comments as he inspected the China Coast Guard's command office for the East China Sea area and the performance of the coast guard's ships by video, Xinhua news agency reported. "It is necessary to establish and improve the coordination and cooperation mechanism of maritime law enforcement, severely crack down on illegal and criminal activities at sea," Xi said. The Chinese coast guard has had several confrontations with vessels from the Philippines in disputed territorial waters in the South China Sea.
Persons: Xi Jinping, Carlos Barria, Xi, Ella Cao, Bernard Orr, Christina Fincher, Barbara Lewis Organizations: Economic Cooperation, REUTERS, Rights, East, Thomson Locations: Asia, San Francisco , California, U.S, Rights BEIJING, East China, Xinhua, Philippines, South China
Darren Woods, CEO of ExxonMobil, speaks at the Asia-Pacific Economic Cooperation (APEC) CEO Summit in San Francisco, California, U.S., November 15, 2023. REUTERS/Carlos Barria/File Photo Acquire Licensing RightsHOUSTON, Nov 29 (Reuters) - Exxon Mobil Corp (XOM.N) Chief Executive Darren Woods is making plans to attend the COP28 climate summit in Dubai next week, two people familiar with the matter said, in what would mark a first for an Exxon CEO, if confirmed. Woods is expected to advocate that reducing carbon emissions should be a priority in addressing climate change, rather than reducing oil production. "We commit to solving the world’s energy and emissions challenges simultaneously," Darren Woods said at the APEC CEO summit earlier this month. Exxon says technology advancements allowed it to join the initiative and that the decision guards no relation with Pioneer's acquisition.
Persons: Darren Woods, Carlos Barria, Woods, Sultan al, Jaber, Exxon's, Matt Kolesar, Sabrina Valle, Sarah McFarlane, Josie Kao, Aurora Ellis Organizations: ExxonMobil, Economic Cooperation, REUTERS, Rights, Exxon Mobil Corp, Exxon, APEC, Abu, Abu Dhabi National Oil Company, United, Natural Resources, Gas Methane Partnership, Reuters, United Nations Environment Programme, Shell, BP, Conoco, Chevron, Thomson Locations: Asia, San Francisco , California, U.S, Dubai, Abu Dhabi, United Nations, OGMP, Occidental
Prospective students tour the University of California, Berkeley campus before beginning of the new semester, in Berkeley, California, U.S., June 8, 2023. The complaint also said "no fewer" than 23 law school groups have anti-Jewish policies. Law school dean Erwin Chemerinsky, a constitutional law specialist, said the complaint painted a "stunningly inaccurate" picture of the school. The law school, UC Berkeley Chancellor Carol Christ, the University of California system and its President Michael Drake are among the other defendants. Other plaintiffs include the Brandeis Center's Jewish Americans for Fairness in Education, a nationwide group whose members include UC Berkeley staff and students.
Persons: Carlos Barria, Louis, Erwin Chemerinsky, UC Berkeley Chancellor Carol Christ, Michael Drake, Hitler, Louis D, Jonathan Stempel, Richard Chang Organizations: University of California, REUTERS, Louis D, Brandeis Center, UC Berkeley's, UC Berkeley, UC Berkeley Chancellor, Brandeis Center's, Fairness, UC, New York University, NYU, Regents, Court, Northern District of, Thomson Locations: Berkeley, Berkeley , California, U.S, Israel, San Francisco federal, Northern District, Northern District of California, New York
An aerial view of the San Francisco city skyline in California, U.S., October 28, 2021. REUTERS/Carlos Barria/File Photo Acquire Licensing RightsSAN FRANCISCO, Nov 28 (Reuters) - Videogame software provider Unity Software (U.N) will eliminate 265 jobs or 3.8% of its global workforce and end an agreement with a digital video effects company founded by the "Lord of the Rings" director as part of a "reset," the company said on Tuesday. Tuesday's announcement includes termination of the professional services piece of an agreement Unity struck with movie director Peter Jackson's visual effects company Weta FX in 2021 after Unity purchased the technology and engineering division of Weta FX. As a result, 265 employees whose jobs are related to the agreement will be laid off, the company said. Reporting by Anna Tong in San Francisco Editing by Matthew LewisOur Standards: The Thomson Reuters Trust Principles.
Persons: Carlos Barria, John Riccitiello, Jim Whitehurst, Roelof Botha, Peter Jackson's, Whitehurst, Anna Tong, Matthew Lewis Organizations: REUTERS, FRANCISCO, Unity Software, San, Unity, Sequoia Capital, FX, Weta, Reuters, Thomson Locations: San Francisco, California, U.S, Berlin, Singapore, Bellevue , Washington
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