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Search resuls for: "of Innovation"


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Family enterprises have historically focused on legacy, pride in what they built, and passing down success through generations. This nimble structure gives family enterprises an advantage in adopting new innovations when the leadership sees or endorses the potential benefits. With passion for their legacy and proper planning, family enterprises can set themselves up for success far into the future. But as anyone who's been involved in running a family business or family office will know, emotions can run high among relatives. Click here to learn more about how Deloitte Private can help thriving family enterprises transform ideas into action.
Persons: Adrian Batty, they've, Batty, they're, who's, " Batty Organizations: Deloitte, Family Enterprise, Deloitte Private, America, Insider Studios Locations: Australia
Apple unveiled the iPhone 15 and iPhone 15 Pro on Tuesday at its "Wonderlust" event. Apple unveiled four new iPhones at its "Wonderlust" event on Tuesday , alongside a range of other products including new Apple Watches. "The iPhone 15 launch is the most disappointing and underwhelming flagship launch in the past decade," read one post on the site. "The Action button on the iPhone 15 Pro series can only be configured to perform one function?" AdvertisementAdvertisementThe iPhone 15 will go on sale on September 22 , with prices for the base model starting at $799 and $999 for the titanium-framed iPhone 15 pro, which is significantly lighter than previous models.
Persons: ange, ake Organizations: Apple, Service, ust Locations: Wall, Silicon
Another said the whole design process for a large metal mold would typically cost about $4 million. To overcome the obstacles, Tesla turned to firms that make test molds out of industrial sand with 3D printers. To cast subframes with hollows as part of one gigacasting, Tesla plans to place solid sand cores printed by the binder jets within the overall mold. But despite that greater flexibility achieved in both the design process and the complexity of the large frames, there was still one more major hurdle to clear. And once Tesla is happy with the prototype mold, it can then invest in a final metal one for mass production.
Persons: Elon Musk, Tesla, Musk, Terry Woychowski, Woychowski, Tesla's, David Clarke Organizations: Caresoft, U.S, GM, Reuters, Thomson Locations: AUSTIN, Texas, Britain, Germany, Japan, United States
Another said the whole design process for a large metal mold would typically cost about $4 million. To overcome the obstacles, Tesla turned to firms that make test molds out of industrial sand with 3D printers. To cast subframes with hollows as part of one gigacasting, Tesla plans to place solid sand cores printed by the binder jets within the overall mold. But despite that greater flexibility achieved in both the design process and the complexity of the large frames, there was still one more major hurdle to clear. And once Tesla is happy with the prototype mold, it can then invest in a final metal one for mass production.
Persons: Norihiko Shirouzu, Tesla, Elon Musk, Musk, Terry Woychowski, Woychowski, Tesla's, David Clarke Organizations: Caresoft, U.S, GM, Reuters Locations: Norihiko Shirouzu AUSTIN , Texas, Britain, Germany, Japan, United States
Some of CEO and entrepreneur Elon Musk's most polarizing attributes may have also enabled his success so far, says biographer Walter Isaacson. That reckless streak can't be separated out from Musk's track record of innovation at companies like Tesla and SpaceX, Isaacson told CNBC's "Squawk Box" on Tuesday. "I didn't believe in vacations. I didn't believe in weekends. I didn't believe the people I worked with should either," Gates said, adding that he didn't realize he needed to change until he became a dad.
Persons: Elon Musk's, Walter Isaacson, Musk, Isaacson, CNBC's, Elon Musk, Mark Zuckerberg, Mark Cuban, Cuban, Let's, Bill Gates, Gates, Satya Nadella, Nadella, He's, Kimbal Organizations: SpaceX, Microsoft, Northern, Harvard Business, CNBC Locations: Northern Arizona
In an email to staff, Google's top lawyer told employees to "refrain from speculating or commenting." Google's top lawyer has asked employees not to speculate on its blockbuster antitrust court battle with the Justice Department, which goes to trial Tuesday. "Please refrain from speculating or commenting on this (or any legal case), internally or externally," Walker wrote. Today we go to trial in Washington DC to defend ourselves against a lawsuit focused on how we distribute Google Search. Please refrain from speculating or commenting on this (or any legal case), internally or externally.
Persons: Kent Walker, Walker, we've, We've, – Kent Organizations: Justice Department, DOJ, Google, Washington DC Locations: Washington
What China’s new smartphone means for Wall Street
  + stars: | 2023-09-11 | by ( Nicole Goodkind | ) edition.cnn.com   time to read: +9 min
Huawei’s feat could mean that Chinese technology has been progressing much faster than previously thought. Before the Bell spoke to Zino about what’s happening and what it means for Wall Street. Huawei’s new smartphone uses an internally developed, very powerful chip that’s manufactured by the Semiconductor Manufacturing International Corporation (SMIC), a partially state-owned Chinese semiconductor foundry. In the long term, this is probably a good thing for the leading semiconductor companies like Nvidia (NVDA) and Qualcomm (QCOM). Furniture companies are in a rutPeople aren’t buying furniture like they used to, reports my colleague Samantha Delouya.
Persons: there’s, Mike Gallagher, Michael McCaul, Angelo Zino, Bell, There’s, they’ve, They’ve, it’s, Anna Cooban, Samantha Delouya, Hooker, , ” Williams, Laura Alber Organizations: CNN Business, Bell, New York CNN —, Huawei, House, Skyworks, Materials, Semiconductor Manufacturing International Corporation, Nvidia, Qualcomm, Intel, Federal Reserve, West Elm Locations: New York, China, Taiwan, Korea, United States, Asia, Saudi Arabia, Europe, Virginia, Wayfair, Williams, Sonoma
[1/3] The Rogers Building, the green-topped corporate campus of Canadian media conglomerate Rogers Communications is seen in downtown Toronto, Ontario, Canada July 14, 2022. François-Philippe Champagne, minister of innovation, science and industry, also said all carriers operating in Toronto must expand their existing network coverage to provide full voice, text and data services throughout the subway system. The lack of reliable cellular connectivity across the transit system has been a pain point for metro riders in Toronto, hampering access to emergency services when commuting via public transit, leaving passengers frustrated. Currently, only some carriers, including Rogers Communications (RCIb.TO) and Freedom Mobile, provide customers with wireless service in the subway system. "Cellular connectivity on the subway is about more than just convenience.
Persons: Chris Helgren, Philippe Champagne, Champagne, Deborah Sophia, Shailesh Organizations: Rogers, Rogers Communications, REUTERS, Canadian, Monday, Champagne, Freedom Mobile, Thomson Locations: Toronto, Ontario, Canada, François, Bengaluru
OpenAI's Sam Altman thinks Silicon Valley no longer has an innovation culture. "Before OpenAI, what was the last really great scientific breakthrough that came out of a Silicon Valley company?" Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. "There used to be great research that happened in companies in Silicon Valley, Xerox PARC being the obvious example. To this, Altman responded by saying Silicon Valley did have a product innovation culture, but he felt it missed the mark on groundbreaking research.
Persons: OpenAI's Sam Altman, Sam Altman, Altman, Nicolai Tangen, I'm, Marc Andreessen, Andreessen, Horowitz, Matt Miller, Altman's OpenAI, ChatGPT, OpenAI Organizations: Service, Xerox PARC, Norges Bank Investment, Sequoia Capital, Biosciences Locations: Wall, Silicon, Silicon Valley, China, California, OpenAI
LONDON (AP) — Britain is rejoining the European Union’s $100 billion science-sharing program Horizon Europe, the two sides announced Thursday, more than two years after the country's membership became a casualty of Brexit. British scientists expressed relief at the decision, the latest sign of thawing relations between the EU and its former member nation. Britain is also rejoining Copernicus, the EU space program’s Earth observation component. Relations between Britain and the bloc were severely tested during the long divorce negotiations that followed Britain’s 2016 vote to leave the EU. British scientists, who feared Brexit would hurt international research collaboration, breathed sighs of relief at the Horizon deal.
Persons: Copernicus, , Ursula von der Leyen, Rishi Sunak, , Sunak, Boris Johnson, Johnson, Paul Nurse, Francis Crick, didn’t, Peter Kyle Organizations: EU, Horizon, Northern, Republic of Ireland, Labour Party, Labour Locations: Britain, EU, Northern Ireland, Republic of, Europe
An easyJet Airbus A320neo aircraft is parked on the tarmac of Adolfo Suarez Madrid-Barajas Airport, in Madrid, Spain, June 22 2022. REUTERS/Isabel Infantes/File Photo Acquire Licensing RightsCompanies Easyjet PLC FollowLONDON, Sept 6 (Reuters) - Decarbonisation efforts in the aviation sector will cost more money, but that cost should not fall to the consumer, easyJet Chief Executive Johan Lundgren said on Wednesday. He added that options to decarbonise, like creating sustainable aviation fuels, are not yet at scale and cost three to five times more than typical jet fuel. Lundgren also said a wide range of stakeholders including governments needed to chip in to ensure decarbonisation costs remain low. A lot of the cost will depend on the speed of innovation, which Lundgren is hopeful can mitigate price hikes.
Persons: Adolfo Suarez, Isabel Infantes, Johan Lundgren, Lundgren, Sarah Young, Joanna Plucinska, Sachin Ravikumar, William James, Mark Heinrich Our Organizations: Airbus, Adolfo Suarez Madrid, Barajas Airport, REUTERS, Reuters IMPACT, Reuters, Thomson Locations: Madrid, Spain, London
5 Minutes That Will Make You Love Max Roach
  + stars: | 2023-09-06 | by ( Marcus J. Moore | ) www.nytimes.com   time to read: +6 min
Listen on YouTube◆ ◆ ◆Joseph Patel, producer of ‘Summer of Soul’Max Roach, “Drums Unlimited”I discovered and fell in love with jazz while in college. From this study, I could put my finger on the records, musicians and lineups at the forefront of change in the genre — and at every step of the way, there was Max Roach. On “Freedom Day,” Max’s drum playing represents a heart dealing with the emotions of becoming a free human being. Listen on YouTube◆ ◆ ◆Brandi Waller-Pace, musician, educator and scholar-activistClifford Brown and Max Roach, “Joy Spring”Few drummers have reached the level of innovation and influence Max Roach did throughout his long and prolific career. “Joy Spring,” recorded with the legendary and tragically short-lived Clifford Brown and Max Roach Quintet, is a jazz classic and a personal favorite.
Persons: , , Abstrutions ”, Stanley Cowell’s, ◆ Joseph Patel, ’ Max Roach, Max Roach, Roach, Abbey Lincoln, ◆ Nicole Sweeney, Lincoln’s, Max, Booker Little, ◆ Brandi Waller, Clifford Brown, Kenny Clarke, Roach’s, Harold Land’s, I’m, ◆ Elena Bergeron, Charles Mingus, Duke Ellington, Mingus, Ellington Organizations: YouTube, Calif, Harlem Cultural, Pace Locations: Davis, Harlem
“With us, you know what you get, which is rare nowadays!” Alexandre Edelmann, head of Presence Switzerland, a government agency that promotes the country abroad, says in an email. “People love our country without always knowing why,” says Jacques Pitteloud, Switzerland’s ambassador to the U.S. and a veteran diplomat. We are constantly leading the pack in terms of innovation.”This is evident in the prominent role Switzerland plays in some key areas of the global economy. Acknowledging "the elephant in the room," Pitteloud says Switzerland and the EU have "a complex relationship." And as a relatively small, landlocked country in which many areas are difficult to inhabit due to terrain, Switzerland is facing challenges related to population and resources.
Persons: Roger Federer, Philippe, , Alexandre Edelmann, , Jacques Pitteloud, Pitteloud, ” Delphine Donné, Ruag, yearslong, ” Georg Klingler, Donné Organizations: Wimbledon, U.S . News, European Union, Bank, Presence Switzerland, Nestle, Roche, Novartis, Atlas, Logitech, ETH Zurich, Zurich University of Applied Sciences, EU, Greenpeace, Associated Press Locations: Switzerland, Europe, U.S, Swiss, France, China, Canada, Lausanne, Ukraine, Greenpeace Switzerland
Apple buys Swedish classical record label
  + stars: | 2023-09-05 | by ( Jonathan Vanian | ) www.cnbc.com   time to read: +2 min
Apple has acquired BIS Records, a 50-year-old Swedish record label with a focus on classical music, as part of its continuing efforts to attract classical music fans. BIS Records founder Robert von Bahr said Tuesday that Apple recently bought his record company and will fold it into its Apple Music Classical and Platoon music services. The acquisition is another example of Apple attempting to distinguish itself from streaming-music rival Spotify by focusing on classical music. In 2021, it bought the classical music streaming service Primephonic for an undisclosed sum. Eventually, the tech giant debuted its own Apple Music Classical streaming app this past spring, pitching it as a way for current Apple Music subscribers to access over five million classical tracks that can be searched via data like composer, conductor or catalog number.
Persons: Robert von Bahr, Von Bahr, von Bahr, Apple, Primephonic Organizations: Apple, BIS Records, CNBC, Spotify, Apple Music, Artists
Last summer, two data centers in London experienced heatwave-linked failures, with the incident affecting clinical IT systems at a number of hospitals. Data centers have become "a very important aspect of running entire business models, and even our day-to-day lives. Losing the information processed by data centers would be detrimental not only to companies and individuals, but also governments and society as a whole. This puts the firms that develop and operate data centers in a tricky position, not least because today's facilities are resource hungry. Companies can deploy a range of innovations to put these metrics at the core of tomorrow's data centers.
Persons: Pankaj Sharma, Schneider, we're, it's, Sharma Organizations: Facebook, Secure, Ofcom, US, McKinsey, EU, International Energy Agency, Pact, European Commission . Companies, Amazon Web Services, Google, IBM, Companies, Schneider Electric, Insider Studios Locations: London, Paris, Europe
It's been a rough 2023 for China, with Beijing failing to stop deflation or contain an ever-worsening property crisis. A brain drain could present the next big threat for the world's second-largest economy. Brain drains are almost always bad news for a country, robbing its economy of a key engine for growth. AdvertisementAdvertisementBrain drains are "horrible for the economy – you need leaders to drive your economy forward," Nuzum said. "If one entrepreneur leaves, whatever – but if tens or hundreds of thousands move across the border, that's a big problem."
Persons: It's, Xi Jinping, Jack Ma, Rich Nuzum, Nuzum Organizations: Service, Wall Street, Henley & Partners, Big Tech Locations: China, Beijing, Wall, Silicon, North America, Europe, that's
BMWMUNICH, Germany — BMW and Mercedes are making their biggest push yet into electric cars in a bid to fend off rising competition from Chinese players and catch up with U.S. giant Tesla . On Saturday, rival BMW showed off the "Vision Neue Klasse," another electric concept car that highlights the company's EV ambitions. This is the companies' biggest push yet toward a new platform for the electric vehicle era. Tesla commanded 20% of the global EV market in the second quarter, followed by 15% for BYD, according to Counterpoint Research. GTI Concept electric vehicle at the IAA show, and said a production version of the car is scheduled to hit the road in 2027.
Persons: Warren Buffett, BYD, Elon Musk's Tesla, Mercedes, Ola Kallenius, Kallenius, CNBC's Annette Weisbach, Oliver Zipse, CNBC's Arabile, Zipse, Daniel Roeska, Roeska, Tesla Organizations: BMW, IAA, BMW MUNICH, Mercedes, IAA Mobility, Benz, Analysts, Bernstein Research, CNBC, Tesla, BYD, Research, U.S ., EV, Volkswagen Locations: Munich, Germany, Tesla, China
German automaker BMW on Saturday launched a hotly anticipated electric concept car, saying the so-called "Vision Neue Klasse" represents the dawn of a new era for the company. BMW's latest design showcases a platform that will underpin the brand's next generation of electric vehicles. The first electric vehicles based on the Neue Klasse — or new class — architecture are set to enter production in 2025. That's the purpose of our show at the IAA," Zipse said. The Vision Neue Klasse is set to make its public debut in the coming days at the IAA motor show in Munich, which also serves as the headquarters of BMW.
Persons: Oliver Zipse, CNBC's Arabile, Zipse Organizations: BMW, Saturday, Neue Klasse, Neue, IAA Locations: circularity, Munich
They create buzz and urgency, which help decades-old brands like Kit Kat stay relevant. A few years later, Rowntree’s renamed the product Kit Kat Chocolate Crisp. Nigel Roddis/ReutersAfter manufacturing and distributing Kit Kat for decades, the British company entered into a deal with Hershey, giving it control over US Kit Kat distribution in 1970. Nostalgic candies, like traditional Kit Kat bars, exert a powerful hold over those who loved them in their childhood, she noted. When people reach for a Kit Kat, they’re reaching for a reliable jolt of sweetness and good feelings, she said.
Persons: Kit, Kit Kat, Kat, Kats, Behrouz Mehri, Nestlé, Lynn Dornblaser, Dornblaser, , Kit Kat wasn’t, Chocolate Crisp, Rowntree’s, Kat Chocolate Crisp, Rowntree's Kit Kat, Nigel Roddis, Hershey, Kit Kats, Rowntree Mackintosh, Milo Kit Kat, Chris O’Donnell, , O’Donnell, it’s, Milo, Kit Kat Japan, Kat Churro, Justin Kukura, Marcia Mogelonsky, they’re Organizations: New, New York CNN, Target, Walmart, Hershey, Getty, Mintel Consulting, Reuters, Nestlé, Lotus, Hershey Company Locations: New York, United States, Japan, AFP, British, Hershey , Pennsylvania, ., Australia, Hershey
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBMW CEO says Vision Neue Klasse concept car represents the dawn of a new era of innovationBMW CEO Oliver Zipse discusses the launch of the German automaker’s “Vision Neue Klasse” concept car and says electromobility “will be the largest growth segment in the world for the automotive industry.”
Persons: Oliver Zipse, electromobility, Organizations: BMW
REUTERS/Jordan Vonderhaar Acquire Licensing RightsAug 31 (Reuters) - Even a robot invasion can't beat a slowing economy. Robot sales boomed through the pandemic, as producers scrambled to use the machines to churn out badly needed goods. Burnstein added that A3 expects the softness in robot orders to continue until the fourth quarter or early next year. In the past, they were concentrated in auto factories and their suppliers, which still make up a large share of all robot orders. Since construction projects vary in size and complexity, he said, there are spells when the robot isn't needed at all.
Persons: Jordan Vonderhaar, Nancy Kleitsch, Kleitsch, Jeff Burnstein, Burnstein, Aaron Anderson, Anderson, Timothy Aeppel, Dan Burns, Paul Simao Organizations: REUTERS, Companies, Association for Advancing Automation, Commerce Department, Reuters, Labor Department, Thomson Locations: San Antonio , Texas, U.S, North America, Phoenix, Concord , California
Why airlines aren't boarding planes the most efficient way
  + stars: | 2023-08-31 | by ( Emily Lorsch | In | Elorsch | ) www.cnbc.com   time to read: +1 min
"Boarding is one of the most difficult parts of air travel and frustrating to a lot of passengers," said Leslie Josephs, CNBC's airline reporter. In the 1970s, Southwest Airlines' average turn time, from the moment a plane arrives at the gate to the time it leaves, was only 10 minutes. Flight delays cost airlines and passengers about $33 billion each year, according to government data. But experts say speeding up the boarding process is not really a priority for airlines — they've monetized everything about it. "The different boarding groups that we see today have emerged because people value their priority in boarding," said Kerry Philipovitch, former senior vice president of customer service at American Airlines.
Persons: Leslie Josephs, Chris Parks, Josephs, Kerry Philipovitch, Kerry Organizations: Southwest Airlines, American Airlines
WBD named Mark Thompson as CNN's new CEO in a shift by David Zaslav to an experienced news leader. Thompson is widely credited with turning the Times into a digital powerhouse, transforming a news organization that was teetering financially. Under Thompson, there also were flops along the way to success for the Times, like the failed NYT Now mobile app. Thompson is expected to be involved in editorialObservers and insiders expressed optimism about the Thompson news. They also will be watching to see how he will carry out WBD CEO David Zaslav's commitment to providing a wider range of political viewpoints, including conservative ones.
Persons: WBD, Mark Thompson, David Zaslav, Thompson, Chris Licht, Ken Doctor, Meredith Kopit Levien, who'd, Times —, Levien, Nate Silver, Jill Abramson, Abramson, wouldn't, Mark, Donald Trump, David Zaslav's, He'll, Jeff Zucker, I've, Zaslav, Licht, he'd, Semafor, James Harding, Andrew Ross Sorkin, he's, Jonathan Miller, Miller, Amy Entelis, David Leavy, Virginia Moseley, Eric Sherling, who's, Leavy Organizations: CNN, New York Times, Warner Bros, Discovery, Max, longtime Times, Times, ESPN, ABC, Observers, BBC, Company, Integrated Media Co, Editorial Locations: British
Mark Thompson is stepping in as the next CEO and chairman of CNN. Discovery CEO David Zaslav told staff in a note Wednesday. Before closing the deal, Zaslav had appointed Licht as CNN's CEO, who was previously the chief executive behind the "CBS This Morning" news program and "Morning Joe" on MSNBC. While network executives Amy Entelis, Virginia Moseley, Eric Sherling and David Leavy led CNN since Licht left CNN, Warner Bros. Shortly, we will announce that highly respected news executive Mark Thompson will be joining our leadership team as Chairman and CEO, effective October 9, reporting directly to me.
Persons: Mark Thompson, Thompson, Chris Licht, Thompson's, David Zaslav, Jeff Zucker, , Andrew Cuomo, Zucker's, Chris Cuomo, Zucker, Zaslav, Licht, Joe, network's, Donald Trump, Kaitlan Collins, Amy Entelis, Virginia Moseley, Eric Sherling, David Leavy, Read, Mark, Amy, Eric, I've, David Read, you've, David Zaslav's, Wagner, you'll Organizations: CNN, Parent, Warner Bros, Discovery, The New York Times, BBC, Warner Bros . Discovery, Max, New York Gov, MSNBC, CNN Worldwide, Times, Tiananmen Locations: U.S, David, Virginia, London, Washington, DC
I am confident he is exactly the leader we need to take the helm of CNN at this pivotal time,” David Zaslav, the chief executive of CNN parent company Warner Bros. At the Times, Thompson successfully transformed the newspaper into a digital powerhouse. CNN+, which launched last year as the network’s ownership changed hands from AT&T to Warner Bros. The standalone streamer also didn’t fit into Warner Bros. Discovery’s larger plans to house all content inside a single super-streamer. The streaming service will be located inside the Max app, alongside content from HBO, Discovery, and Warner Bros. Pictures.
Persons: Mark Thompson, “ Mark, ” David Zaslav, Thompson, Donald Trump, Trump, Jeff Zucker, Chris Cuomo, Don Lemon, Chris Licht, nosediving, Licht, Zaslav, Amy Entelis, Virginia Moseley, Eric Sherling, David Leavy, , CNN Max, Jake Tapper ” Organizations: CNN, The New York Times, BBC, Warner Bros, Discovery, Times, MSNBC, Atlantic, CNN Digital, The Times, CNN.com, U.S, Warner Bros . Discovery, HBO, Warner Bros .
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