DIRS.INFO The most relevant business & tech news

☆ Ancient carved drawings found next to dinosaur footprints in Brazil
▼ + stars: | 2024-04-11 | by ( Jacopo Prisco | ) edition.cnn.com time to read: +7 min

CNN —Prehistoric humans in Brazil carved drawings in the rock next to dinosaur footprints, suggesting that they may have found them meaningful or interesting, a new study has found. A dashed line indicates petroglyphs made by indigenous people, while a continuous line shows theropod dinosaur footprints. “I think rock art creation was embedded in some sort of ritual context: people gathering and creating something, perhaps utilizing some psychotropics. I think they were interested in what the footprints represent, and I suppose they identified them as footprints. “This was the case in various parts of the world where rock art was practiced, and it is very clearly visible, among others, in the North American Southwest/U.S.

Persons: ”, Leonardo Troiano, We’ll, ” Troiano, Australia —, Troiano, Radosław, ” Palonka, Leonardo Troiano Jan Simek, Simek, Adrienne Mayor, ’ Simek Organizations: CNN, Institute of National Historic, Heritage, Jagiellonian University, Southwest, University of Tennessee, Stanford University Locations: Brazil, Paraíba, Brasilia, Australia, Serrote, United States, Poland, Kraków, U.S, Knoxville

☆ Marco Raduano: Italian mafioso who escaped prison by tying bedsheets arrested during romantic dinner in France
▼ + stars: | 2024-02-02 | by ( Barbie Latza Nadeau | ) edition.cnn.com time to read: +1 min

Rome CNN —An Italian mafia boss who escaped from a maximum security prison last year by using bed sheets to scale the walls has been captured in France, authorities say. Marco Raduano, the 40-year-old boss of the Gargano Mafia in the southern Italian region of Puglia, was caught Thursday outside a luxury restaurant in Bastia, Corsica, where he was dining with a female companion. Also apprehended was his right-hand man, Gianluigi Troiano, who fled house arrest in 2021 after detaching his electronic bracelet. Raduano’s escape by tying bed sheets from his prison window just under a year ago was caught on the penitentiary’s surveillance cameras. The escape lasted 16 seconds and he fled on foot with no guards noticing or giving chase, which led to an internal investigation of the maximum security prison.

Persons: Rome, Rome CNN —, Marco Raduano, Matteo Messina Denaro, Rauduona, Gianluigi Troiano, Raduano, Omar Trott Organizations: Rome CNN, Gargano Mafia, Anti, Mafia, The Spanish Guardia Civil, French Gendarmerie Nationale Locations: Italian, France, Puglia, Bastia, Corsica, Granada, Spain, Bari, Foggia, The Spanish, Vieste, Italy

WASHINGTON (AP) — A project to build a first-of-a-kind small modular nuclear reactor power plant was terminated Wednesday, another blow to the Biden administration's clean energy agenda following cancellations last week of two major offshore wind projects. Oregon-based NuScale Power has the only small modular nuclear reactor design certified for use in the United States. “We absolutely need advanced nuclear energy technology to meet (the Biden administration’s) ambitious clean energy goals,'' spokeswoman Charisma Troiano said. In 2020, the Trump administration approved up to $1.4 billion for the project, known as the Carbon Free Power Project. Most prospective subscribers were unwilling to take on the risks associated with developing a first-of-a-kind nuclear project, the Utah group said.

Persons: Joe Biden's, Biden, Charisma Troiano, “, Timothy Fox, Fox, Trump, Obama, John Hopkins, NuScale, Ken Cook, ” Cook, ___ McDermott Organizations: WASHINGTON, Biden, Idaho National Laboratory, Energy Department, DOE, ClearView Energy Partners, The Energy Department, Energy Department's, Energy Department's Idaho National Laboratory, Carbon, Power, Congress, Utah Associated Municipal Power Systems, Nuclear Energy Institute, Environmental, U.S . Nuclear Regulatory Commission, AP Locations: Oregon, United States, Utah, Idaho, New Jersey, U.S, Washington, Idaho Falls , Idaho, Energy Department's Idaho, California, Providence , Rhode Island

☆ Sam Bankman-Fried set to take the stand in his fraud trial
▼ + stars: | 2023-10-26 | by ( Cnn'S Allison Morrow | Nicole Goodkind | ) edition.cnn.com time to read: +1 min

FTX founder Sam Bankman-Fried attends as FBI agent Marc Troiano testifies as Bankman-Fried faces fraud charges over the collapse of the bankrupt cryptocurrency exchange, at federal court in New York City, today. Jane Rosenberg/ReutersMost days, Sam Bankman-Fried gets up around 4 am to prep for his defense. Breakfast at the Metropolitan Detention Center in Brooklyn, where he’s been held since August, is served at 6 am. Bankman-Fried is also “friendly” with Genaro García Luna, the former head of Mexico’s FBI, who is awaiting sentencing for drug trafficking, this person said. When his trial began earlier this month, observers quickly noted changes to Bankman-Fried’s appearance.

Persons: Sam Bankman, Fried, Marc Troiano, Jane Rosenberg, he’s, Genaro García Luna Organizations: Metropolitan Detention, Southern, of, MDC, CNN, FBI Locations: New York City, Brooklyn, of New York, Honduras

☆ Sam Bankman-Fried could take stand at fraud trial over FTX collapse
▼ + stars: | 2023-10-26 | by ( Luc Cohen | Thomson Reuters | Reports On The New York Federal Courts. Previously Worked As A Correspondent In Venezuela | ) www.reuters.com time to read: +3 min

Sam Bankman-Fried, the founder of bankrupt cryptocurrency exchange FTX, arrives at court as lawyers push to persuade the judge overseeing his fraud case not to jail him ahead of trial, at a courthouse in New York, U.S., August 11, 2023. Bankman-Fried has pleaded not guilty and maintained that while he made mistakes running FTX, he never intended to steal funds. They say Alameda looted FTX funds through special trading privileges on the exchange. Cohen said the defense plans to call three brief witnesses before Bankman-Fried takes the stand. Reporting by Luc Cohen in New York; Editing by Noeleen Walder and Jonathan OatisOur Standards: The Thomson Reuters Trust Principles.

Persons: Sam Bankman, Eduardo Munoz, Fried, Mark Cohen, Bankman, Mark Troiano, Cohen, FTX, Luc Cohen, Noeleen Walder, Jonathan Oatis Organizations: REUTERS, Alameda Research, Thomson Locations: New York, U.S, Alameda, Manhattan

☆ PE firm Novacap has acquired the TV adtech platform Cadent, which now plans to go on an acquisition spree
▼ + stars: | 2023-08-09 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +3 min

PE firm Novacap has acquired TV adtech company Cadent. Canadian private equity firm Novacap has acquired the US TV adtech platform Cadent, the pair said Wednesday. With traditional TV viewing long in decline, advertisers have increasingly turned to connected-TV platforms. US broadcast and cable TV ad spending is expected to drop by 8% this year, but will still be significant at $61.3 billion, per Insider Intelligence's forecast. Cadent had previously been owned by another private equity firm, Lee Equity Partners, which acquired the company in 2013.

Persons: Novacap, Nick Troiano, Troiano, Cadent, Pascal Tremblay Organizations: Cross Mediaworks, CTV, Intelligence, Fund, Investment, RBC Capital Markets, TD Securities, Scotiabank, Lee Equity Partners

Biden said his administration's actions over the weekend meant "Americans can have confidence that the banking system is safe", while also promising stiffer regulation after the biggest U.S. bank failure since the 2008 financial crisis. Shares in U.S. banking giants JP Morgan Chase (JPM.N), Morgan Stanley (MS.N) and Bank of America (BAC.N) nevertheless weakened. But your second thought is, how big was that crisis, how big were the risks that this step had to be taken?" U.S. regulators stepped in on Sunday after the collapse of SVB, which had seen a run after a big bond portfolio hit. [1/3] U.S. President Joe Biden delivers remarks on the banking crisis after the collapse of Silicon Valley Bank (SVB) and Signature Bank, in the Roosevelt Room at the White House in Washington, D.C., U.S. March 13, 2023.

The European Central Bank (ECB), which supervises euro zone banks, believes some lenders have overly optimistic assumptions about the economy, based on models that cannot fully capture the damage from the current bout of inflation, the sources say. Source: S&P Global-EBAMorgan Stanley estimates euro zone banks will pay out 40 billion euros ($40 billion) in 2022 dividends plus an additional 60 billion euros in share buybacks between this year and next - an outsized return by recent standards. "It's not a good idea to pay out capital during a recession," Intesa's Chief Executive Carlo Messina told analysts last week. "With the economy entering recession, the time of massive bank payouts is over," Marco Troiano, a managing director at Scope Ratings, said. "Running down capital cushions would weaken banks."

☆ GOP Rep. Dan Crenshaw says election deniers privately admit the conspiracy to challenge Biden's legitimacy 'was always a lie'
▼ + stars: | 2022-11-06 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +3 min

Rep. Dan Crenshaw in an episode of his podcast recalled arguments in the GOP over election denial claims. Behind closed doors, he said, GOP officials acknowledge fraudulent election claims are "a lie." In private conversations between members of the Republican party and political personalities, Crenshaw said, he has had arguments over members perpetuating the lies. Trust me, they'll be fine,'" Crenshaw said election deniers have said to him to justify their public support of an unfounded claim to the presidency. "So we have a lot of people in the political world that are just willing to say things they know aren't true," Crenshaw said in his podcast.

Search resuls for: "Troiano"

9 mentions found