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☆ Netflix's 'Supersex': Where Italian porn star Rocco Siffredi is now
▼ + stars: | 2024-03-07 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +5 min

Read previewNetflix's latest biopic "Supersex" is a fictional re-telling of the life of Italian porn star Rocco Siffredi. Siffredi, whose real name is Rocco Antonio Tano, told The Independent that the new series is roughly 70% accurate. AdvertisementAlthough Siffredi is still alive, the series ends with his first retirement from the porn industry in 2004. Lorenzo Tano, Rocco Siffredi, Rosa Caracciolo and Leonardo Tano attend the red carpet for the screening of "Supersex" at Berlinale 2024 on February 22, 2024 in Berlin. Rocco Siffredi attends the Premiere of "Rocco."

Persons: —, Rocco Siffredi, Siffredi, Rocco Antonio Tano, Rosa Caracciolo, Ernesto Ruscio, Alessandro Borghi, Rosza Tassi, Tassi, Rosza, Lorenzo, Leonardo, Leonardo Tano, Lorenzo Tano, Andreas Rentz, I've, XBiz, Natale, Rocco, Pierre Suu Organizations: Service, Independent, Business, Cannes, Netflix, AVN, Academy, Venice Film, Daily Locations: Ortona, Italy, Paris, Hungarian, Cannes, France, Spanish, El, Budapest, Hungary, Berlin, Venice

When it comes to newer consumer-social startups, the environment they're entering is turbulent — investor checks have dwindled, users are facing subscription burnout, and successful advertising models require massive scale. AdvertisementSo how are the emerging, buzzy social startups approaching monetization in 2024? "There's really only two monetization business models for consumer products," said Tiffany "TZ" Zhong, founder of new social platform NoSpace and early-stage VC firm Pineapple Capital. 3 ways new social-networking startups are approaching monetizationWhile some newer social startups are already monetizing their product, many are still pre-revenue and experimenting with different models to see which will make sense for their product and audience. And Verse CEO Bobby Pinckney told BI that the social platform, centered around music, plans to add a premium subscription that will unlock advanced AI tools, analytics, and templates.

Persons: —, there's, Eric Wittman, Tiffany, Zhong, VCs, Bianca Ambrosini, Ambrosini, Marlon Nichols, Nichols, Emma Bates, Andrew Kahn, Danial Hashemi, Alexandra Debow, Bobby Pinckney Organizations: Service, Meta, Business, Pineapple, Mac Venture Capital, Twitter, Crush Ventures, Crush, BI Locations: Berlin

☆ Lufthansa is hurting as Germany is gripped by strikes
▼ + stars: | 2024-03-07 | by ( Anna Cooban | ) edition.cnn.com time to read: +4 min

The strikes have also discouraged numerous customers from booking flights — particularly last-minute ”profitable” flights — resulting in a ”significant sales loss” for the company, he added. Lufthansa Group reported operating profit of around €2.7 billion ($2.9 billion) — the third-biggest in its history, and up 76% from 2022. The Verdi union, which represents 25,000 Lufthansa ground staff, had called for them to go on strike from early Thursday and until Saturday morning. The strikes are just the latest in a wave of industrial action in Germany, famed for its strong legal protections for workers, and follow walkouts by train drivers in January over wages. Deutsche Bahn, Germany’s state-owned rail operator, said it expected the industrial action to have a “massive” impact on its operations.

Persons: Berlin CNN —, Remco Steenbergen, Verdi, Marvin Reschinsky, Michael Niggemann, Chris Stern, Olesya Dmitracova, Eve Brennan, Rob North Organizations: Berlin CNN, Berlin CNN — Germany’s, Lufthansa Group, Lufthansa, Austrian Airlines, Security, Hamburg, Monetary Fund, Deutsche Bahn Locations: Berlin, €, Frankfurt, Dusseldorf, Germany, Germany’s, London

NEW YORK (AP) — Andrea Götsch was surprised when she won her audition in 2019 that led to membership in the Vienna Philharmonic. I thought that was too far away.”A male bastion from its founding in 1842 until 1997, the Vienna Philharmonic now has 24 female players among 145 members with three vacancies as it tours the United States this week. And we want the best members, so it was the right decision.”Based since 1870 at Vienna’s Musikverein, the Vienna Philharmonic elects leadership, engages conductors, chooses programs and schedules tours and recording sessions. It selects members from the Vienna State Opera Orchestra and has had a summer residency at the Salzburg Festival since 1922. A year later, she was confirmed for the Opera Orchestra and in 2022 she became a VPO member.

Persons: — Andrea Götsch, ”, “, It’s, Daniel Froschauer, Vienna’s Musikverein, Anna Lelkes, Albena Danailova, Franz Welser, Madeleine Carruzzo, York Philharmonic’s, Stephanie “ Steffy ” Goldner, Helen Kotas, Froschauer, Anneleen Lenaerts, Xavier de Maistre, Michael Bladerer, Strauss ’, Arabella ”, ” Lenaerts, ” Götsch, Johann Hindler, Verdi’s “, Daniel Harding, Götsch Organizations: Vienna Philharmonic, Associated Press, Vienna State Opera Orchestra, Salzburg Festival, Philharmonic, Carnegie Hall, Berlin Philharmonic, York, Chicago Symphony Orchestra, State Opera Orchestra, Mahler, of, State Opera, VPO, Opera Orchestra Locations: Vienna, United States, Vienna’s, Swiss, Brussels, Bolzano, Italy, Mahler’s

☆ Off the Board Game, Onto the Digital Canvas
▼ + stars: | 2024-03-06 | by ( Travis Diehl | ) www.nytimes.com time to read: +1 min

The capricious churn of internet-charged culture is producing more main characters, apocrypha and relics than we can handle. Simon Denny, an artist working in Berlin, creates sculptures, installations, videos and prints inspired by the aesthetics of tech companies. In two concurrent shows in Manhattan he has seized on omens like the blade to explore the sociopolitical fallout of the technology industry’s taste for medieval lore. In Denny’s telling, dreams of wizards and blacksmiths, dark forests and dank castles shape the newest digital realms. The sculpture is plugged into a power strip that Denny sourced from a liquidation sale at Twitter during its Musk-mandated transition to X.

Persons: Grimes —, Elon Musk —, Simon Denny, ”, Denny Organizations: Twitter Locations: Canadian, Berlin, Manhattan, New York, Grimes

☆ Opinion: Why a line of dialogue truly can define a film
▼ + stars: | 2024-03-05 | by ( Opinion Arash Azizi | ) edition.cnn.com time to read: +10 min

“Frankly, I hate dialogue,” Villeneuve told The Times of London. I don’t remember movies because of a good line, I remember movies because of a strong image. This supposed truism is heard everywhere in the film world and even taught to film writers. Cinema has never been a language of “pure image and sound.”Even in the age of silent films, dialogue rendered as inter-titles was critical to cinema. Charlie Chaplin stars in his 1931 silent film, "City Lights."

Persons: Arash Azizi, ”, CNN — Denis Villeneuve, It’s, Zoe Prinds, ” Villeneuve, I’m, Rolling Stone, Federico Fellini, Villeneuve, Fellini, Alexander Steele, ” Josh Brolin, Gurney Halleck, Paul Atreides, Carla Simón’s “, Gorgeously, Ethan Hawke, ” Hawke, “, they’ve, Charlie Chaplin, Chaplin, Virginia Cherrill, Adenoid Hynkler, Adolf Hitler, Institute’s, Quentin Tarantino’s, Jackie Brown ”, Pam Grier, Marlon Brando’s, Mario Puzo, Francis Ford Coppola, Merve, Greta Gerwig’s, Bird ”, wouldn’t, Palme d’Or, Jane Campion, David Lynch’s, Golden, Martin Scorsese glowed, ” Scorsese Organizations: Oneworld, CNN, Warner Bros, Times, Gotham Writers, Chalet, Warner Bros ., Sundance, Film Society of Lincoln Center, United, Getty, New York Times, Villeneuve, Janus, Atlanta ”, Derry Girls ”, Cannes Locations: French, Canadian, London, Italian, Cannes, Berlin, Catalonia, Jewish, Iran, cinema’s, “

☆ Stocks making the biggest premarket moves: Target, Apple, Tesla, Microstrategy and more
▼ + stars: | 2024-03-05 | by ( Michelle Fox | ) www.cnbc.com time to read: +2 min

Check out the companies making the biggest moves in premarket trading: Target — Shares of the retailer jumped nearly 8% after a stronger-than-expected fourth-quarter report. Target generated $2.98 in earnings per share on $31.92 billion of revenue. Analysts surveyed by LSEG were looking for Target to earn $2.42 per share on $31.83 billion of revenue. Stitch Fix — Shares tumbled 13.4% a day after the online personalized styling service company reported an earnings miss for its second quarter. AeroVironment — The stock rallied nearly 18% a day after the defense company exceeded estimates for its third-quarter adjusted earnings per share and revenue.

Persons: Tesla, Microstrategy, Albemarle, GitLab, —, Jesse Pound, Lisa Han Organizations: Apple, Counterpoint Research, Reuters, Police, CNBC, Bloomberg, Department of Commerce's, of Industry, Security, Paymentus Holdings Locations: China, Berlin

☆ Tesla’s giant Berlin factory without power after arsonists attack electricity supply
▼ + stars: | 2024-03-05 | by ( Olesya Dmitracova | Fred Pleitgen | ) edition.cnn.com time to read: +2 min

Berlin/London CNN —Power supply to Tesla’s factory near Berlin has been cut following an arson attack on a high-voltage electricity pylon nearby, a German official said Tuesday. “If the initial findings are confirmed, this is a perfidious attack on our electricity infrastructure. He said power supply to the Tesla plant as well as nearby villages had been cut off. German public broadcaster ZDF reported that the factory had been evacuated and its workers sent home. It is unclear if the arson attack is connected with ongoing protests against a planned expansion of the Tesla factory.

Persons: ” Michael Stuebgen, Tesla, ” Stuebgen, Elon Organizations: London CNN —, ZDF, CNN, Reuters Locations: Berlin, London, Brandenburg, —, Europe

☆ Stocks making the biggest moves midday: Apple, Target, Tesla, Advanced Micro Devices and more
▼ + stars: | 2024-03-05 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

Target — Target surged nearly 12% after the retailer topped Wall Street's fourth-quarter estimates . Advanced Micro Devices — Shares fell more than 2% after Bloomberg said AMD failed to get a made-for-China chip past U.S. regulators. Profit forecasts also missed expectations, with GitLab guiding between 19 cents and 23 cents, versus a consensus estimate of 35 cents. Paymentus Holdings — The payment technology stock popped 21% after surpassing Wall Street's fourth-quarter revenue and earnings estimates. AeroVironment — The defense stock soared nearly 28% and headed for its second-best day ever after topping Wall Street's fiscal third-quarter expectations and offering stronger-than-expected full-year guidance.

Persons: Apple —, Tesla, — Microstrategy, Albemarle, GitLab, Wall, AeroVironment, —, Yun Li, Michelle Fox, Jesse Pound, Hakyung Kim Organizations: Apple, Apple — Apple, Research, —, Bloomberg, AMD, Commerce Department, Preferred Stock, Paymentus Holdings, Technologies, Wolfe Research Locations: China, Berlin, Australia

☆ Ukraine war live updates: Russia threatens to expel reporters, accuses ambassadors of meddling; Ukraine strikes Black Sea Fleet ship
▼ + stars: | 2024-03-05 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +2 min

Russian Foreign Ministry building is seen behind the Army billboard reading "Our Defenders! Zakharova said Tuesday that Western ambassadors in Moscow were interfering in Russian affairs and questioned their business in Russia. "They devote all their time - I mean the Western part of the ambassadors, the ambassadors of Western countries, NATO - to only one thing ... Zakharova also said that Russia would expel German journalists working in the country if Berlin decided to "touch" Russian reporters. Zakharova claimed that Germany intended to expel Russian journalists and to not renew their visas or accreditation to work in the country.

Persons: Maria Zakharova, Zakharova, Sergei Lavrov, Holly Ellyatt Organizations: Russian, Ministry, Russia's, Russian Foreign, NATO, RIA Novosti, CNBC Locations: Moscow, Berlin, Russia, Germany, Ukraine, Russian

☆ Power cut reportedly halts production at Tesla's gigafactory in Germany after suspected arson, police say
▼ + stars: | 2024-03-05 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +2 min

A power outage has reportedly halted production at Tesla's German factory. Suspected arson on an electricity pylon caused the outage, police told Business Insider. AdvertisementTesla reportedly halted production and evacuated its gigafactory near Berlin on Tuesday following a power outage in the area. Tesla told the newspaper it did not expect to resume production quickly following a consultation with energy provider E.DIS. Tesla told the publication at the time that it would now "seek dialogue with all participants to decide on further steps."

Persons: —, Tesla, Berlin Organizations: German, Business, Service, Police, Employees, Guardian Locations: Berlin, Brandenburg, Grünheide, Müggelheim, Neukölln, Europe

☆ Pritzker Prize 2024: Japanese housing pioneer Riken Yamamoto wins ‘Nobel of architecture’
▼ + stars: | 2024-03-05 | by ( Oscar Holland | ) edition.cnn.com time to read: +8 min

Calmness leads to splendor.”Across a five-decade career, Yamamoto has dedicated himself to fostering community in Japan’s rapidly expanding cities. After designing a succession of private homes in his early career, Yamamoto completed his first social housing project, in the coastal city of Kumamoto, in 1991. The central public space has no gates and can only be reached by passing through the housing blocks, a scheme designed to increase the likelihood of chance encounters. Completed in 1991, Hotakubo Housing in Kumamoto, Japan, was Yamamoto’s first social housing project. The Japanese architect will be awarded with $100,000 and a bronze medallion.

Persons: Riken Yamamoto, Yamamoto, Alejandro Aravena, Pritzker, Kenzo Tange, ” Yamamoto, “, ”, Philip Johnson, ’ “, David Chipperfield, Francis Kéré Organizations: CNN, Pritzker, Hotakubo, Saitama Prefectural University, Future University, Des, Des Moines Public Library, Neues Locations: Japan, Japan’s, Shinonome, Tokyo, Africa, America, metropolises, Yokohama, Tosu, Kumamoto, Seongnam, South Korea, Hiroshima, Koshigaya, Hakodate, Europe, Edo, Nishi, China, Switzerland, British, Des Moines, Iowa, Berlin

☆ Tesla's Berlin plant halts production after suspected arson attack at nearby substation
▼ + stars: | 2024-03-05 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +1 min

Tesla' logo is seen on the Tesla factory building in Berlin, Germany on February 22, 2024. A Tesla plant outside of Berlin was reportedly forced to halt production Tuesday after an electricity substation was set alight in a suspected arson attack. The Gruenheide factory, located southeast of the German capital, was left without power, as were parts of wider city, Reuters cited German newspaper Berliner Zeitung as saying. It comes as Tesla's expansion plans for its Gruenheide plant have come up against fierce opposition. However, last month locals voted down plans to raze nearby trees to make way for the enlarged plant.

Persons: Tesla Organizations: Berliner Zeitung, CNBC, CNBC . Police, Reuters Locations: Berlin, Germany, Grunheide, Europe, Neu Zittau, U.S

☆ How Hedge Funds Are Betting on Electricity and the Changing Power Grid
▼ + stars: | 2024-03-05 | by ( Alex Morrell | Bradley Saacks | ) www.businessinsider.com time to read: +19 min

A onetime commodities backwater, congestion trading has become a growing business in recent years as the demand for electricity and volatility on the power grid in the US has soared. The financial category, which includes specialized power-trading companies, banks, hedge funds, and large proprietary trading firms, dominates the market, in part because the physical power firms typically operate in only one or two regions. He launched three congestion trading teams for the firm, including in California and Texas after those states introduced congestion trading in 2008 and 2010, respectively. Citadel, along with Susquehanna International Group and Tower Research, has been involved in FTR trading since the market's infancy. Volatility has been increasing on the power grid, in part because of changing weather patterns, Jeev added.

Persons: Kumar Jeev, Jane Street, Richard Roseblade, who's, There's, Roseblade, Bill Clark, Jeev, DC Energy's Tyler Kuhn, DRW, California Al Seib, Brevan Howard, Jane, Stephanie Staska, Staska, couldn't, Joe Biden's, It's, Meredith Angwin, Angwin Organizations: Business, Capital, Midwest, Citadel, Tower Research, Yes Energy, Energy, Anadolu, Getty, Federal Energy Regulatory Commission, FERC, Nasdaq, York Stock Exchange, Nvidia, Johns Hopkins University, DC Energy, Wayfair, Squarepoint, Appian, Boston Energy, Susquehanna International Group, DC, Bloomberg, Commodities, Traders, Wall Street, Workers, GreenHat Energy, JPMorgan, Hill Energy Resource & Services, P, Grid, & $ Locations: Wall, East Coast, DRW, Susquehanna, FTRs, New York, Canada, Texas, Virginia, California, Berlin, Chicago, Oregon, California Al, Ukraine, Russian, Uri, Northern Virginia

☆ Ukraine war live updates: Berlin accuses Russia of 'information war' in first reaction to Russian leak of German military call
▼ + stars: | 2024-03-04 | by ( Holly Ellyatt | ) www.cnbc.com time to read: 1 min

Germany's Defense Minister Boris Pistorius has accused Russia of conducting an "information war" against Berlin to create divisions within the country. That comes after the Russian leak last Friday of a 38-minute audio recording of German military officials discussing Ukraine. In Germany's first reaction to the leak, Pistorius said Sunday that the leak — an embarrassment for Berlin that raised questions over basic military security protocol — was "part of an information war that [Russian President Vladimir] Putin is waging." "It is a hybrid disinformation attack. It is about undermining our unity," a Reuters translation of the comments stated.

Persons: Boris Pistorius, Pistorius, Vladimir, Putin Organizations: Germany's Locations: Russia, Berlin, Ukraine

☆ Germany to investigate after leaked recording emerges of secret army talks on Ukraine
▼ + stars: | 2024-03-02 | by ( Sophie Tanno | Xiaofei Xu | ) edition.cnn.com time to read: +2 min

CNN —Germany says it will investigate after a recording leaked of a conversation between several top-ranking German officers on the country’s Ukraine war strategy. A spokesperson of the German Defense Ministry confirmed to CNN the recording was authentic. “According to our assessment, a conversation in the air force sector has been intercepted. The Kerch bridge has been a targeted for Ukraine throughout the conflict. Alexey Pavlishak/ReutersGermany has been resisting sending the weapons to Kyiv, fearing they could be used for attacks on Russian territory.

Persons: CNN —, Margarita Simonyan, Olaf Scholz, ” Scholz, Alexey Pavlishak, Maria Zakharova, Roberich, ” Organizations: CNN, German Defense Ministry, Ukraine, Reuters, Russian Foreign, Christian Democratic Union, ZDF, Deutsche Welle Locations: CNN — Germany, Ukraine, Kerch, Crimean, Russia, Rome, Reuters Germany, Moscow, Germany, Russian

☆ The Absurd Problem of New York City Trash
▼ + stars: | 2024-03-02 | by ( Emily Badger | Larry Buchanan | ) www.nytimes.com time to read: +30 min

In New York City, trash has no dedicated space all its own. The Absurd Problem of New York City Trash And the Trade-Offs Required to Fix ItConsider the ubiquitous New York trash bag. The prospect has prompted much snickering: New York’s big idea to clean up trash is to … put it in trash bins? New York City Municipal Archives1913: A century in the past, but the same problems as today. New York City Municipal ArchivesBut those cans overflowed to horrifying effect during the 10-day strike:When New York streets resembled landfills.

Persons: …, that’s, ” Anthony Crispino, “, ” Cole Stallard, Stallard, Gerard Koeppel, Oscar, Neal Boenzi, New York Times Garbage, Larry C, Morris, Meyer Liebowitz, Rudy Giuliani, ‘, ”, Norman Steisel, Eric Adams, Jessica Tisch, Tisch, Hiroko Masuike, Ms, there’s, It’s, ” Harry Nespoli, workarounds, Martin Melosi, Clare Miflin, Miflin, don’t, Benjamin Miller, Martin Robertson, ” Mr, Robertson Organizations: Sanitation Department, New York City Municipal, New York Times, York’s Sanitation Department, Department, York City Municipal, District of Columbia Department of Public, New York, New York Public, The New York Times, City Hall, Avenue, West 22nd, West, Eighth, 21st, West 21st, Bronx Manhattan Queens, Financial, Center, Zero Locations: New York City, stairwells, York, New York, York City, Amsterdam, Barcelona, Berlin, Washington, Houston, what’s, Chelsea, Erie, Manhattan, ”, New Yorkers, Staten Island, New, East, Bronx, Bronx Manhattan Queens Brooklyn Staten Island, European, Harlem, New York . New York, Relatedly, Brooklyn

☆ Britain to lead 2024 European real estate boom as international buyers eye opportunities, research says
▼ + stars: | 2024-03-01 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +3 min

Richard Newstead | Moment | Getty ImagesThe U.K. looks poised to lead a European real estate resurgence this year as international investors return capital to the region's strained property market. U.S., Israeli, Japanese and Taiwanese investors are set to lead that charge, spearheading a 20% rebound in real estate investment activity in 2024 as they pump cash into Britain, Germany, Spain and the Netherlands, according to the research. European real estate revivalBritain ranked as the top European destination for cross-border investment in CBRE's 2024 European Investor Intentions Survey, with investors pointing to its discounted rates and high return potential. Busà Photography | Moment | Getty ImagesIt follows a tough year for real estate in 2023, as higher interest rates pushed up borrowing costs and weighed on investor sentiment. Global cross-border real estate investment totalled 196.3 billion euros ($212.9 billion) over the year, down 40% on the five-year average, according to Real Capital Analytics data cited by Savills.

Persons: Richard Newstead, Rasheed Hassan, Savills, Chris Brett, Knight Frank Organizations: CNBC, European Central Bank, Bank of England Locations: Kings Cross, London, European, Britain, Germany, Spain, Netherlands, Poland, Paris, Madrid, Amsterdam, Berlin, Europe, East, Africa, Americas, Asia Pacific, France

☆ Trump used note cards. So did W. Bush and the presidents before him. Should we worry that Biden uses them, too?
▼ + stars: | 2024-03-01 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +6 min

Read previewAt a recent closed-door fundraiser, President Joe Biden had to rely on note cards prepped by his staff to provide donors with detailed answers on his policy. But since the advent of mass communication technology and, as a result, an increasing expectation of US leaders to make public addresses, presidents have long relied on note cards and teleprompters to face their constituents. Even US presidents who had the public reputation of being robust and nimble needed note cards, Kastor said. John F. Kennedy, who was able to keep his medical problems, including persistent back pain, hidden from the public, used note cards. Former President Donald Trump, who is now 77, has received flack for relying on note cards albeit for different reasons.

Persons: —, Joe Biden, Axios, Robert Hur, Calvin Coolidge, of Congress Peter Kastor, Louis, Kastor, John F, Kennedy, Kennedy's, Woodrow Wilson, John Adams, Theodore Roosevelt, Ronald Reagan, Biden, Reagan, …, Barack Obama, Donald Trump, David Frum, George W, Bush's, Bush, Frum, flack, Trump, Chip Somodevilla, attentiveness, Clinton, Obama Organizations: Service, Media, Business, of Congress, Washington University, National Archives, White, Trump Locations: St, Berlin, Germany, Parkland , Florida, W

☆ A new book unearths a buried history of photography in West Africa
▼ + stars: | 2024-03-01 | by ( Thomas Page | ) edition.cnn.com time to read: +9 min

CNN —The dominant perception of early photography from West Africa is that it was taken through a colonizing lens. These are questions asked by a new book that seeks to re-examine the history of photography in the region. Her book demonstrates that gap was short, and history has been obscured in a way that has disenfranchised many Africans. Unlike some other West African nations, Senegal has no recorded history of portraiture before photography, Paoletti said. HUM Images/Universal Images Group Editorial/Getty ImagesTo Paoletti, it’s evidence photography in West Africa didn’t evolve in isolation.

Persons: Giulia Paoletti, ”, Mama Casset, “, ’, Frenchman Jules Itier, Louis, Paoletti, –, “ It’s, Adolphe Burdo, Burdo, visite, Burdo’s, Augustus Washington, Macky Kane, – Paula, ’ ”, Alfred Stieglitz, Fatou Thioune, Paula, ” Paoletti, Oumar Ka, Ka, I’d, Oumar Organizations: CNN, Department of Art, University of Virginia, CRDS, Dakar ”, Sun, The, Institut, du Sénégal, University of Dakar, Princeton University Press Locations: West Africa, Senegal, ‘, St, French West Africa, Belgian, Dakar, “, Africa, Berlin, Louis, Touba, Senegalese

☆ Why 7 prominent VCs are investing millions in new social startups like Diem, Lex, and 222
▼ + stars: | 2024-03-01 | by ( Sydney Bradley | Marta Biino | ) www.businessinsider.com time to read: +8 min

Mervana Parekh is a principal at Acrew and has invested in social startups like Diem, Afterparty, and Anything World. Best Nights VC. Nichols is a founding managing partner at MaC, which recently invested in social startups like Spill and Swsh. Boyce has backed a slew of new social startups, including Diem, Lex, Koodos Labs, and Swsh, alongside associate Rhian Horton. In 2024, Best Nights is looking to invest in companies that facilitate travel experiences after hearing people say their best nights have happened during trips or vacations, said de Silva.

Persons: —, Connie Chan, Mervana Parekh, Peter Boyce II, Marlon Nichols, Catalyst, Web3, Peter, Diem, Afterparty, Lorrain de Silva, Andrew Kahn, Miley Cyrus, Lorde, Kahn, Aaron Matusow, Dan Kruchkow, Nichols, Elizabeth Weil, Kevin Weil, John Smothers, Boyce, Lex, Rhian Horton, Lorrain, Silva, BestNights, Aaron Leithäuser, Gen Z, Peter Boyce, de Silva, Acrew Organizations: Service, Business, Acrew, Stellation, MaC Venture, VCs, Stanford University, Startup, Pudgy Penguins, Crush Ventures, VC, Crush, MaC Venture Capital, MaC, Catalyst, Koodos Labs, Big Tech Locations: 1kx, San Francisco , New York, Lisbon, Acrew, San Francisco, Berlin, Los Angeles and New York, Los Angeles, New York, Rythm

☆ Geely-backed car tech company takes aim at Nvidia's growing auto business
▼ + stars: | 2024-02-29 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +1 min

BEIJING — Companies from Nvidia to Huawei are chasing the market for in-vehicle tech as the electric car industry booms, with Ecarx emerging as a new contender. Since 2017, Chinese car conglomerate Geely's founder and chairman, Eric Li, has been building Ecarx that provides software and chip systems for digital car cockpits and driver-assist. The company on Wednesday reported its fourth-quarter revenue surged 22% from a year earlier to $263 million. Geely's car brands, such as Lynk and Co, made up 70% of that revenue. "We can't compete with them in this area," he said, but noted there's still about 70% or 80% of the car market that doesn't need such advanced tech, and can buy simpler driver-assist tech focused on safety.

Persons: Geely, Eric Li, Jensen Huang, Orin, Li, Ecarx, Ziyu Shen Organizations: BEIJING — Companies, Nvidia, Huawei, CNBC Locations: Berlin, BEIJING

☆ German warship accidentally opened fire on an American drone, nearly costing the US another Reaper in its Red Sea fight
▼ + stars: | 2024-02-29 | by ( Jake Epstein | Ryan Pickrell | ) www.businessinsider.com time to read: +5 min

A German warship accidentally tried to shoot down a US military combat drone this week. The frigate Hessen targeted the MQ-9 Reaper as it was on a mission around the Red Sea, a US official said. AdvertisementA German warship accidentally targeted an American combat drone that was operating around the Red Sea earlier this week, but a malfunction spared the US from losing another Reaper drone. A missile launches from a US Navy destroyer in the Red Sea earlier this month. Screengrab/US Central Command via XMeanwhile, with this week's engagements — which saw Germany shoot down the two Houthi drones — Berlin joins the US, UK, and France in eliminating deadly threats launched by the rebels.

Persons: —, Boris Pistorius, Sina Schuldt, Aspides, Dwight D Organizations: Service, Berlin's, Airmen, Squadron, Nevada, Air, Bomb, US Air Force, Victoria, US Central Command, Hessen, Getty, Hellfire, Prosperity Guardian, EU, US Navy, Central Command, Eisenhower Carrier Strike Locations: Hessen, American, Sachsen, Germany, Red, Yemen, Russia, France

☆ Opinion: What it means to be born Black in Germany
▼ + stars: | 2024-02-28 | by ( Opinion Josephine Apraku | ) edition.cnn.com time to read: +11 min

It is hard to group Black Germans — sometimes also referred to as Afro-Germans — under one umbrella; there is no one description that encompasses the diversity of Black people here. The same year I was born, a seminal work about Black Germans, “Showing Our Colors: Afro-German Women Speak Out,” was published. I think that these are precisely the times when Black community, Black alliances and Black spaces are so important. In 2020, the Black Student Union at the University of Bremen renamed February “Black Our Story Month,” and has been holding Black History Month events every year since, creating visibility for the complexity of Black experiences. The Black community in Germany celebrated its first Black History Month in 1990.

Persons: Josephine Apraku, I’m, I’ve, ” Josephine Apraku Dahahm Choi It’s, there’s, ” Josephine Apraku, ”, Christian Mang, Audre Lorde, Lorde, Roma, Sinti, — that’s, Steffi Loos, Schwarzer, George Floyd, Black, — Organizations: African Studies, CNN, Berlin CNN, Black, Africa, Free University of Berlin, CDU, Christian Democratic Union, Black Student Union, University of Bremen, ISD, of Black People, White Locations: Berlin, Germany, Black, East Germany, Angola, Ethiopia, Mozambique, German, Ghana, Europe, Territories, Namibia, Rwanda, Burundi, Tanzania, Cameroon, Togo, ” Josephine Apraku Germany, France, Belgium, Great Britain, United States, Tiergarten, Black Germans, Deutschland

☆ Google hit with $2.3 billion lawsuit by Axel Springer, other media groups
▼ + stars: | 2024-02-28 | by ( ) www.cnbc.com time to read: +2 min

The Google corporate logo hangs outside the Google Germany offices on August 31, 2021 in Berlin, Germany. Alphabet 's Google was hit with a 2.1-billion-euro ($2.3 billion) lawsuit by 32 media groups including Axel Springer and Schibsted on Wednesday, alleging that they had suffered losses due to the company's practices in digital advertising. "Without Google's abuse of its dominant position, the media companies would have received significantly higher revenues from advertising and paid lower fees for ad tech services. Crucially, these funds could have been reinvested into strengthening the European media landscape," the lawyers said. Others in the group include Austria's Krone, Belgian groups DPG Media and Mediahuis, Denmark's TV2 Danmark A/S, Finland's Sanoma, Poland's Agora, Spain's Prensa Iberica and Switzerland's Ringier.

Persons: Axel Springer, Schibsted, Stek, Big, Austria's, Finland's Organizations: Google, Geradin Partners, Publishers, DPG Media, Denmark's TV2, Spain's Prensa Locations: Berlin, Germany, Austria, Belgium, Bulgaria, Czech Republic, Denmark, Finland, Hungary, Luxembourg, Netherlands, Norway, Poland, Spain, Sweden, Europe, Austria's Krone

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