DIRS.INFO The most relevant business & tech news

☆ Critics said Musk 'overpaid' for Twitter. Thanks to Trump and xAI, it could actually be a steal.
▼ + stars: | 2024-12-02 | by ( Hasan Chowdhury | Robert Scammell | ) www.businessinsider.com time to read: +8 min

Twitter, now X, has also been a valuable data source for Musk's $50 billion startup xAI. When Elon Musk bought Twitter for $44 billion, it was panned as one of the worst tech acquisitions in history. AdvertisementIn late 2023, Musk blocked other organizations from scraping X data for free — but gave xAI continued access. AdvertisementxAI gets a boost from X data. Should X be unsuccessful, it would raise questions about the value of the X to xAI data pipeline.

Persons: Trump, Elon Musk, Dan Ives, it's, Musk, Sam Altman, xAI, Ellen Keenan O'Malley, EIP, O'Malley, X, Shmuel Chafets, Warren Buffett, Musk's, Donald Trump, Anna Moneymaker, Vivek Ramaswamy, Volodymyr Zelensky, Sundar Pichai, isn't, Howard Lutnick, Scott Bessent, MAGA, Calum Chace Organizations: Elon, Twitter, Wedbush Securities, Street, Qatar Investment Authority, Sequoia Capital, Wired, MMC Ventures, Trump, Queensland University of Technology, Republican, Target, Berkshire Hathaway, Fidelity, Getty, of, SpaceX, Reuters, UFC, Wall Street, Trump's, X Corp, Bright Locations: Pennsylvania, Lago, Palm Beach, California

☆ It’s been one year since the Ethereum merge. Here’s how the network is doing on its goals.
▼ + stars: | 2023-09-17 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +6 min

Despite ether's recent price action, the network has been thriving since the "merge" – and could just be getting started. Still, market participants are seeing and feeling the success of the Ethereum merge. Here's how Ethereum is doing on some of its post-merge goals: Yields Ether's staking reward reference rate was 5.854% per annum on Sept. 15, 2022, according to Ethereum data provider Beaconchain. The percentage of ether supply being staked has risen from 11.99% on Sept. 15, 2022, to 20.46% on Aug. 30 of this year. Burning fees and decreasing supply Ethereum has a mechanism programmed in to regulate the network's notoriously high transaction fees, called gas fees, by "burning" them.

Persons: Ethereum, it's, Ethereum haven't, Matthew Sigel, Andrew Ballinger, hadn't, Maria Shen, Shen, It's Organizations: Metrics, First, ETH, Electric Locations: Bitcoin, FTX, First Republic, Shanghai, ETH, Solana, Cardano

☆ Iberdrola, Masdar to develop $1.5 billion Baltic wind farm, Expansion reports
▼ + stars: | 2023-07-05 | by ( ) www.reuters.com time to read: +1 min

MADRID, July 5 (Reuters) - Spanish utility Iberdrola (IBE.MC) has signed an exclusive deal with Abu Dhabi's Masdar to develop a 476 megawatt (MW) offshore wind farm in German waters in the Baltic Sea, Expansion newspaper reported on Wednesday, citing unidentified market sources. The Baltic Eagle wind farm being built off Germany's northeastern coast will have 50 wind turbines and is part of Iberdrola's strategy to sell advanced renewable projects to raise cash to help finance its 47 billion euro investment plan. Masdar, a renewable energy company owned by the United Arab Emirates' sovereign wealth fund Mubadala, could buy a stake of up to 49% in the project, Expansion said. The newspaper had previously reported that the top candidates jostling for the stake were Masdar, Swiss fund EIP and Australian asset manager Macquarie's green investment arm GIG. This would be the third agreement this year between Iberdrola and a large sovereign wealth fund, having previously agreed deals with Norway's Norges Bank Investment Management (NBIM) and Singapore's GIC.

Persons: Abu Dhabi's Masdar, Iberdrola, GIC, David Latona, David Goodman Organizations: United Arab Emirates, Baltic Eagle, Norway's Norges Bank Investment Management, Thomson Locations: MADRID, Baltic, Iberdrola

The settlement between BP Products North America Inc., the Justice Department and the Environmental Protection Agency will also require the company to invest approximately $197 million in new technology and other capital improvements to reduce air pollution. The BP refinery near Lake Michigan released nearly 16 times the legal limit of benzene allowed by the Clean Air Act, the EPA said in 2009. Following the EPA's investigation, BP spent about $4 billion to expand the Whiting refinery to process heavy Canadian crude. The company also agreed to undertake a $5 million supplemental environmental project to reduce diesel emissions in the communities surrounding the Whiting Refinery and install 10 air pollutant monitoring stations. Reporting by Sarah N. Lynch and Laura Sanicola in Washington; Editing by Chizu NomiyamaOur Standards: The Thomson Reuters Trust Principles.

☆ 11 podcasts that busy venture capitalists and founders say they trust right now
▼ + stars: | 2023-01-15 | by ( Robin Madell | ) www.businessinsider.com time to read: +11 min

Investors at JetBlue Ventures, Mighty Capital, and other VC firms shared their favorite podcasts. Another recommendation is "Origins" by partners at the biotech VC firm Notation Capital. Here are 11 great options, recommended by VCs, founders, CEOs, and other industry insiders. "The main thing about the VC world is building relationships, and Harry is an example of a great networker," Gershfeld said. "BTC is the single-most important asset in the world, and that podcast gets to the heart of why that is."

☆ Fact Check-Election graphs published by Mike Lindell do not indicate U.S. voter fraud
▼ + stars: | 2022-11-24 | by ( Reuters Fact Check | ) www.reuters.com time to read: +9 min

A series of graphs published by My Pillow CEO Mike Lindell on his social media channels and livestreams appearing to show real-time U.S. midterm election updates do not indicate or prove fraud, experts told Reuters. Lindell published four graphs on his Instagram account purporting to show real-time vote counts during the elections. But such ‘spikes’ seen in graphs using unofficial election data do not indicate or provide proof of fraud, with races rarely officially called on election night (here). The four graphs appearing to show real-time midterm election data do not point to fraud or nefarious activity. Visualizing unofficial vote counts in real-time where the incoming data may be non-uniform in distribution can lead to apparent “spikes” in graphs, experts told Reuters.

☆ Credit Suisse sells stake in EIP venture to management
▼ + stars: | 2022-10-21 | by ( ) www.reuters.com time to read: +1 min

ZURICH, Oct 21 (Reuters) - Credit Suisse (CSGN.S) has sold its 30% stake in Energy Infrastructure Partners to EIP's managing partners, EIP said on Friday without giving any financial details. Energy Infrastructure Partners is a Swiss-based manager of large-scale renewables and energy assets. It said Credit Suisse will remain an important partner through vehicles serving Swiss pension funds. Credit Suisse earlier placed an 8.6% stake in Allfunds Group (ALLFG.AS) via an accelerated bookbuilding offering that raised 334 million euros ($326.2 million). Register now for FREE unlimited access to Reuters.com RegisterReporting by Michael Shields; Editing by Kirsten DonovanOur Standards: The Thomson Reuters Trust Principles.

Oct 21 (Reuters) - Money managers such as Janus Henderson Group (JHG.N) and investment firms including Blue Owl Capital Inc (OWL.N) are weighing potential offers for Credit Suisse Group AG's (CSGN.S) U.S. asset management unit, people familiar with the matter said on Friday. read moreJanus and rival asset manager AllianceBernstein Holding (AB.N), and Blue Owl as well as private equity firms Centerbridge Partners and Clearlake Capital are considering bids, the sources said. Credit Suisse, Blue Owl, Clearlake, Invesco and Janus Henderson declined to comment. Janus Henderson emerged in 2017 from the combination of Janus Capital Group and Henderson Group, and Blue Owl was formed last year from the three-way merging of Owl Rock Capital Group, Dyal Capital Partners and a blank check firm. Meanwhile, both Ameriprise and Invesco have been active buyers of asset managers in recent years.

☆ Patagonia's charitable change will inspire founders. We spoke to 8 VCs about how startups can create their own climate change legacy.
▼ + stars: | 2022-09-16 | by ( Hasan Chowdhury | Tasmin Lockwood | Riddhi Kanetkar | ) www.businessinsider.com time to read: +5 min

Patagonia's Yvon Chouinard said he was giving away his $3 billion company to fight climate change. Insider spoke to 8 VCs about how hard it is for founders to follow suit and what they can do instead. "Instead of 'going public', you could say we're 'going purpose'," Chouinard wrote. Insider spoke to eight investors to find out why venture capital-backed startups would struggle to replicate Patagonia's model and what they could do instead. This means founders need to be active at an early stage in deciding what to do with their business.

Femeile au început să aloce și mai mult timp treburilor casnice, precum și monitorizării și acordării de ajutor copiilor în condițiile învățământului la distanță. 6% dintre femeile chestionate au suferit de violență domestică (în principal fizică și emoțională) și toate au depus plângeri. Incapacitatea copiilor de a frecventa regulat școala va aprofunda și mai mult discrepanțele dintre performanța elevilor avantajați și a celor defavorizați din punct de vedere social. Liberii profesioniști s-au confruntat cu scăderea vânzărilor, limitarea accesului la materii prime și reducerea cererii pe piața internă și au probleme serioase legate de lichidități/fluxurile de numerar. „Nu există o cale ușoară pentru depășirea pandemiei și pentru restabilire, dar depinde de cetățenii Republicii Moldova să reușească să depășească problemele existente prin solidarizare între diferite vârste, regiuni și sectoare.

Locations: Republicii Moldova, Republica Moldova

☆ Studiu: COVID-19 afectează cele mai vulnerabile categorii de populație și sectoarele economiei care oferă cele mai multe locuri de muncă
▼ + stars: | 2020-12-01 | by ( Diana Severin | ) www.zdg.md time to read: +12 min

Acestea ar putea include digitalizarea și modernizarea serviciilor publice și a întreprinderilor, precum și dezvoltarea de competențe și un sistem de educație modern, promovarea unei economii durabile, a bunei guvernări, accelerarea luptei cu corupția. Incapacitatea copiilor de a frecventa regulat școala va aprofunda și mai mult discrepanțele dintre performanța elevilor avantajați și a celor defavorizați din punct de vedere social. de a frecventa regulat școala va aprofunda și mai mult discrepanțele dintre performanța elevilor avantajați și a celor defavorizați din punct de vedere social. Transportul a avut de suferit din cauza mobilității reduse a pasagerilor și a cererii scăzute de mărfuri. a avut de suferit din cauza mobilității reduse a pasagerilor și a cererii scăzute de mărfuri.

Persons: Dima Al Organizations: PNUD, ONU Locations: Moldova, PNUD Moldova, Republica Moldova, UE, Statistică, Magenta

Search resuls for: "EIP"

11 mentions found