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☆ This startup uses AI to predict wildfires. Check out the 10-slide deck OroraTech used to raise a $27 million Series B.
▼ + stars: | 2024-10-15 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +2 min

Munich-based startup OroraTech has secured a $27 million Series B funding round. The startup uses AI and thermal data to predict and monitor wildfire risks globally. The startup provides thermal data and insights to customers for a range of use cases — predominantly to predict and monitor the risk of wildfires. AdvertisementOroraTech has gained interest from various stakeholders, including governments and insurance companies. The startup makes its money by charging a monthly subscription to companies that can use its API to stream OroraTech data into their own systems.

Persons: OroraTech, Martin Langer, Langer Organizations: Service, Bayern Kapital, Ananda Impact Ventures, ConActivity, Findus Venture Locations: Munich, Greece

☆ Kapital: 2024 CNBC Disruptor 50
▼ + stars: | 2024-05-14 | by ( Cnbc.Com Staff | ) www.cnbc.com time to read: 1 min

Small businesses dominate the global economy, and yet few banks focus on lending credit to this underserved demographic. According to the World Bank, small and medium-sized businesses make up 90% of global companies but only get 10.5% of total bank credit available. Even those that do get bank credit often don't have the kind of robust business management platform that large enterprises have. It gives businesses access to capital through revolving credit lines and business credit cards, while its business management platform provides real-time visibility into operations, cash flows, management of loans, payroll, benefits and invoicing. "That's what we're fixing — we give them visibility of their finances," Rene Saul, who co-founded Kapital with Fernando Sandoval in 2020, told TechCrunch.

Persons: Rene Saul, Fernando Sandoval Organizations: World Bank

☆ The viral 'Twitter menswear guy' just wants an affordable home in a walkable neighborhood
▼ + stars: | 2024-03-16 | by ( Eliza Relman | ) www.businessinsider.com time to read: +6 min

It belongs to San Francisco-based fashion writer Derek Guy, also known as the "Twitter menswear guy" behind the @dieworkwear account. But, increasingly, he's been sounding off on his other passion: affordable housing. "I'm probably never going to be able to afford a home in San Francisco, that's my guess, or anywhere in the Bay Area, unless I move really, really, really far out," he said. But Guy has written about how diversity in cities — made possible by affordable housing — is essential for creative inspiration. How about you put me in the middle of a ton of affordable housing."

Persons: —, you've, Derek Guy, Guy, he's, I'm, Maison, ragamuffins, KP6dM0W62T, derek, Guy's, YIMBYs, we're, Matthew Yglesias, Kate, Kate her, Princess, Wales, Middleton, He's Organizations: Service, Business, Franciscans Locations: San Francisco, Bay, North America, Vietnam, —, Tokyo

☆ ‘Amusing insight’ revealed in Marx’s ‘Das Kapital’ gift to Darwin
▼ + stars: | 2024-02-22 | by ( Jack Guy | ) edition.cnn.com time to read: +4 min

CNN —Karl Marx once gifted a signed copy of “Das Kapital” to scientist Charles Darwin, but the book remained largely unread, providing an “amusing insight” into the dynamics between these two intellectuals, according to experts. In “Das Kapital,” economist and philosopher Marx explored how the capitalist system works and, he argued, its tendencies toward self-destruction. The gift copy of "Das Kapital" with Marx' inscription top right. Down House, Darwin's former home, in Kent, southern England. The catalog includes 9,300 links to copies of the library contents that are available for free online, inviting the public to peruse what Darwin read.

Persons: CNN — Karl Marx, “, Charles Darwin, Marx, Darwin, Karl Marx, ”, Mankind, Darwin's, Tal Cohen, Reuters Tessa Kilgarriff, Kilgarriff, Francis Darwin, Francis Organizations: CNN, Heritage, Down, Cambridge University Library, Reuters, Kapital, Darwin Locations: Darwin, Kent, England

☆ A Hulu exec details how elaborate partnerships 'surprise and delight' audiences and boost followings for big releases like Oprah-produced 'Black Cake'
▼ + stars: | 2023-11-01 | by ( Lucia Moses | ) www.businessinsider.com time to read: +6 min

Disney's Hulu has a lot riding on "Black Cake," its adaptation of Charmaine Wilkerson's New York Times bestseller that centers on a Black family and spans decades and geographies from Jamaica to Scotland to California. Several Caribbean bakeries across the US will give out samples of black cake, the rum-soaked treat that's at the heart of the story. Hulu's partnerships start with the audienceMatthews and her team put together about a dozen partnerships a year tied to big releases. For "Black Cake," the book's fan base and defining themes were front and center for Hulu. Customers must be members of Barnes & Noble's Premium Membership ($39.99 a year) to see the "Black Cake" sneak peek, which let the bookseller promote its rewards program.

Persons: Charmaine Wilkerson's, Marissa Jo Cerar, Oprah Winfrey, Aaron Kaplan, Hulu, Noble, Adia Matthews, Matthews, screeners, —, Danny Trejo —, Postmates, Selena Gomez's, Cynthia Di Meo, Mabel Mora, Influencers, Barnes Organizations: Hulu, Charmaine Wilkerson's New York Times, Harpo Films, Entertainment, Barnes, Spelman College, Howard University, Hollywood, Con, Samba, Walt Disney Co, Disney Locations: Jamaica, Scotland, California, Caribbean, it's, Southern California, Los Angeles, LA, American, Hollywood

☆ German startup Fernride raises $50 mln for self-driving freight trucks
▼ + stars: | 2023-09-20 | by ( Nick Carey | ) www.reuters.com time to read: +2 min

LONDON, Sept 20 (Reuters) - German self-driving startup Fernride said on Wednesday that it has raised $50 million in Series A funding to increase the use of its "human-assisted" autonomous freight trucks in customer's logistics yards. The Munich-based startup had initially closed the funding round with $31 million, but had extended it due to high investor interest, the company said. New investors include Munich Re's venture capital arm Munich Re Ventures, Bavarian venture capital firm Bayern Kapital and former Siemens Klaus Kleinfeld, who will become chairman of the board at Fernride. Existing investors, including strategic investors HHLA (HHFGn.DE) and Deutsche Bahn (DBN.UL) unit DB Schenker also participated in the funding round. Fernride's trucks currently operate autonomously around 80% of the time, then remote human operators to step in to help the remainder of the time.

Persons: Siemens Klaus Kleinfeld, Hendrik Kramer, DB, Kramer, Nick Carey, David Evans Organizations: Munich Re Ventures, Bayern Kapital, Siemens, Deutsche Bahn, DB Schenker, Volkswagen, Thomson Locations: Munich, Bavarian, Fernride, Hamburg

LONDON, Feb 22 (Reuters) - Buyout financier Ares Management Corp (ARES.N) has been offering funds to support a takeover of Manchester United (MANU.N), three sources familiar with the matter told Reuters. It is the latest U.S. asset manager to seek a financing role in the battle for the English soccer club. It was unclear whether Ares has been looking to finance bids for Manchester United through that fund, which has already invested in Spain's Atletico de Madrid soccer club and Inter Miami CF, or another vehicle. Last Friday, Manchester United received indicative offers from bidders including chemicals firm INEOS, led by long-time fan Jim Ratcliffe, and Qatari Sheikh Jassim Bin Hamad Al Thani. INEOS wants to fund an offer without external financing, but could consider bringing in a minority equity partner, one source said.

☆ Not Just for Cowboys Anymore: 4 Stylish Ways to Wear a Bandana
▼ + stars: | 2022-12-28 | by ( Ashley Ogawa Clarke | ) www.wsj.com time to read: +1 min

FLY FISHERMEN, ramen chefs and John Wayne impersonators rejoice: The bandana is back in style. Though silk neckties and ascots may be passé, their more-relaxed cotton cousins seem to be enjoying a resurgence. Meanwhile, in the real world, George Vlagos, the owner of Chicago menswear store Independence, said he can barely keep the bandanas by Japanese fashion brand Kapital in stock. And you’re at no risk of resembling an extra in a Spaghetti Western: A wave of playful, modern takes from brands like NOMA t.d. They feature such things as painterly florals, raver-style smiley faces or cats in space suits (you did read that correctly).

☆ How to 'act your wage,' according to 2 millennials who did it: 'If a company is paying you, let's say minimum wage, you're gonna put in minimum effort'
▼ + stars: | 2022-11-27 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +5 min

Workers are quiet quitting and acting their wage by doing their jobs as written — and nothing more. Here's how Soto's characters and other workers are quiet quitting, or, as some workers have rebranded it, "acting your wage." "If a company is paying you, let's say minimum wage, you're gonna put in minimum effort," Soto said. "If you're acting your wage, that means that the amount of labor that you're putting in reflects the amount that you're getting paid. And those victories of making work work for you — and acting your wage — can push towards something even greater.

☆ Семья Стати проиграла судебную тяжбу против Казахстана
▼ + stars: | 2020-12-21 | by ( Mld Media Srl | Степанов Георгий | ) noi.md time to read: +1 min

Верховный суд Нидерландов принял решение в пользу Казахстана и постановил пересмотреть решение об аресте акций фонда ФНБ «Самрук-Казына» в компании KMG Kashagan B.V. в споре по делу Стати, сообщает eNews. «Министерству юстиции Казахстана и ФНБ «Самрук Казына» удалось добиться успеха в судебном разбирательстве в Верховном суде Нидерландов против Анатолия Стати, Габриэля Стати, Ascom S.A. и Terra Raf Trans Traiding Ltd. 18 декабря 2020 года Верховный суд Нидерландов отменил решение Апелляционного суда Амстердама от 7 мая 2019 года относительно ареста акций АО «Самрук-Казына» в KMG Kashagan BV в споре между Сторонами Стати и Республика Казахстан», - пояснили в ведомстве, передает point.md со ссылкой на kapital.kzВерховный суд Голландии основал свое решение на статье 19(с) Конвенции ООН о юрисдикционных иммунитетах государств и их собственности, признав данную статью международным обычаем и передал дело на пересмотр в Апелляционный суд Гааги. В результате законность ареста акций «Самрук-Казыны» в KMG Kashagan B.V. будет пересмотрена Апелляционным судом Гааги. В Минюсте считают, что Апелляционный суд Гааги сочтет арест незаконным.

Persons: Стати, Анатолий Стати, Габриэль Стати Organizations: Ascom S.A, Trans Traiding, Верховный суд, ФНБ, СамрукКазына, Самрук Казына, Апелляционный суд, АО «СамрукКазына», ООН, СамрукКазыны, Минюст Locations: Нидерландов, Казахстан, Амстердам, Республика Казахстан, Голландия, Гаага

Omul de afaceri Veaceslav Platon susține că prejudiciul direct ce poate fi solicitat de la Vneshekonombank ar fi de aproximativ 13 miliarde lei. „Am încercat să fac legătura cu domnul Armașu, să mă întâlnesc cu dumnealui, i-am trimis acum o lună scrisoare cu privire la modalitatea în care ar putea fi returnat statului miliardul furat, de la Gazprombank și Vnesheconombank. Și domnul Armașu nu vrea se întâlnească cu mine. Domnul Armașu periclitează și activitatea procuraturii, îi sunt solicitate anumite acte, dumnealui transmite doar o mică parte. Domnul Armașu este robul lui Plahotniuc, iar dovadă sunt acțiunile lui, care contravin intereselor RM”, a declarat Veaceslav Platon,UNIMEDIA a solicitat reacția șefului BNM, care nu a comentat, deocamdată, acuzațiile omului de afaceri.

Persons: Platon, Ilan Şor, BEM, Veaceslav Platon, Domnul Armașu, Plahotniuc, UNIMEDIA Organizations: Gazprom, Banca Națională, Naționale Locations: Moldova, Rusia, Gazprombank, BEM, Chișinău, Federația Rusă

☆ Когда открываешь свой бизнес, самое сложное – найти партнера, который бы поверил в твою идею
▼ + stars: | 2020-11-03 | by ( Сайт | Комсомольской Правды | ) kp.md time to read: +2 min

Думитру Наконечный из села Ратуш некоторое время работал менеджером по продажам, но 3 года назад он решил открыть собственное дело – линию по очистке и розливу питьевой воды. Свой бизнес он открыл в 24 года. «Самое сложное – это начало, когда тебе приходится убедить всех поверить в твою идею. Таким образом, я решил, что производство и розлив питьевой воды – это то, что мне подходит». Я очень рад, что мне удалось открыть свой бизнес, и что я получил необходимую поддержку в нужное время.

Persons: Думитру Наконечный, Думитру Organizations: Думитру, АГРО Locations: Ратуш, Кишинев

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