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☆ What ARM's expected debut means for the IPO market and SoftBank
▼ + stars: | 2023-08-21 | by ( Ryan Browne | ) www.cnbc.com time to read: +8 min

Its debut will be a big deal for an IPO market that's been in the doldrums since 2022, but the company's listing has big implications for SoftBank as well. SoftBank agreed to acquire Arm in 2016 for $32 billion, which at the time was the biggest-ever purchase of a European technology company. The unit also swung to a 9.5 billion yen loss, having made a profit of 29.8 billion yen in the same period a year earlier. SoftBank said its Vision Fund booked an investment gain of 159.8 billion yen, its first gain in five consecutive quarters. In July, the company led a $65 million investment in U.K. insurance technology company Tractable.

Persons: Son, Tomohiro Ohsumi, SoftBank, It's, Rene Haas, Haas, Nvidia SoftBank, Arm, Grace Hopper, Didi, Uber, Yoshimitsu Goto, Leswing Organizations: SoftBank Group Corp, ARM Holdings, Bloomberg, Getty, Apple, reining, Acorn Computers, Acorn, Machines, VLSI Technology, CNBC, ARM, Nvidia, Vision, Investors, AMD, Vision Fund Locations: Tokyo, Cambridge, England, Switzerland, European, Europe, U.S, London, New York

☆ ‘Birds Are My Eyesight’
▼ + stars: | 2023-08-03 | by ( Alexandra Marvar | ) www.nytimes.com time to read: +14 min

‘Birds Are My Eyesight’ For some blind birders, avian soundscapes are a way to map the world around them. Cheer up, cheer, cheer. Pretty, pretty, pretty, pretty.” Northern Cardinal Watch here! Pretty, pretty, pretty, pretty, pretty, pretty, pretty, pretty. To some, the Northern cardinal sounds like it’s saying “pretty, pretty, pretty.” Audubon Vermont compares its call to a Star Wars light saber.

Persons: Susan Glass, ”, “, Michael Hurben Ms, Glass, martin, lockdowns, Sarah Courchesne, Courchesne, Freya McGregor, birdsong, Jim Wilson, cheerily, Robin Cheer, Jerry Berrier, Berrier, Berrier's, Kayana, Berrier’s, ’, Jerry Berrier Mr, that’s, ” Mr, ‘, ’ ”, I’ve, ” Trevor Attenberg, Mr, Attenberg, Hurben, —, Michael Hurben, Claire Strohmeyer, piha, trekked, Werner Herzog’s, “ Aguirre, I’ll Organizations: West Valley Community College, Massachusetts Audubon, New York Times, Audubon Society, New Haven Birding Club, ”, “, The New York Times, Baltimore oriole, Indiana University of Pennsylvania, Cornell University, Watch, Audubon, Star, Ornithologists Locations: Saratoga , Calif, Pittsburgh, Erie, Michigan, Massachusetts, Newburyport, Cape Cod, Colombian, Ipswich, Malden , Mass, Audubon Vermont, Portland ,, Mexican, U.S, California, Bloomington, Minn, Cape, N.J, Brazil

☆ ‘Happy Valley’ Review: The End of the Hero’s Journey
▼ + stars: | 2023-05-19 | by ( Mike Hale | ) www.nytimes.com time to read: +2 min

She’s a contemporary knight errant, upholding a code of decency against the terrors of modern life. “Happy Valley,” whose final season premieres on Monday (streaming on Acorn TV and AMC+, broadcast on BBC America), is a pocket-size, prosaic saga — a hero’s tale contained in three six-episode seasons and embedded in a family drama. Like all mythical heroes, Cawood has an antagonist, the psychopathic rapist and killer Tommy Lee Royce (James Norton), who is the father of her grandson. In its structure, “Happy Valley” is very much a traditional British crime series, with seemingly unconnected plot strands and investigations that wind themselves together against a backdrop of cop-shop politics. In the new season’s major subplot, a less-than-sympathetic female character is caught between two seemingly more capable men whose weaknesses run deeper than hers.

ECB chief Christine Lagarde said the central bank for the 20 countries that share the euro was not pausing. "This is a very restrictive policy and it will turn into credit tightening and that will bring a recession." The ECB has now increased its key deposit rate by some 375 bps since last July, from -0.5%. U.S. rates have jumped 500 bps, with the Federal Reserve hiking again on Wednesday while opening the door to a pause. Gareth Rudd, a European equity fund manager at Chelverton Asset Management, said he was negative on European bank stocks because regulators will want them to conserve capital instead of paying dividends.

☆ Markets bracing for 'no landing' world economy scenario curb risk appetite
▼ + stars: | 2023-02-22 | by ( Naomi Rovnick | Davide Barbuscia | ) www.reuters.com time to read: +5 min

LONDON/NEW YORK (Reuters) - Markets, bracing for a “no landing” scenario where global economic growth is resilient and inflation stays higher for longer, are dialling back appetite for both risk assets and government debt. But recent data reflecting still tight jobs markets has traders entertaining a new scenario where economic growth holds up and inflation remains sticky. “We’ve gone from softer landing to no landing - no landing being that (financing) conditions will remain tight,” said David Katimbo-Mugwanya, head of fixed income at EdenTree Asset Management. GOODBYE RECESSION RISK? Graphic: Economic growth forecasts turn high hereEuro zone recession expectations mostly faded in mid January as energy prices tumbled.

But recent data reflecting still tight jobs markets has traders entertaining a new scenario where economic growth holds up and inflation remains sticky. World stocks hit one-month lows on Wednesday, while Wall Street had its worst day of the year so far on Tuesday. "We've gone from softer landing to no landing - no landing being that (financing) conditions will remain tight," said David Katimbo-Mugwanya, head of fixed income at EdenTree Asset Management. Bond prices fall, and yields rise, when expectations of higher rates on cash make their fixed interest payments less appealing. Reuters GraphicsEuro zone recession expectations mostly faded in mid January as energy prices tumbled.

☆ ChatGPT launches boom in AI-written e-books on Amazon
▼ + stars: | 2023-02-21 | by ( Greg Bensinger | ) www.reuters.com time to read: +8 min

In the edition, Sammy the Squirrel, crudely rendered also using AI, learns from his forest friends about saving money after happening upon a gold coin. While that may not sound like much, it is enough to inspire him to compose other books using the software. There were over 200 e-books in Amazon’s Kindle store as of mid-February listing ChatGPT as an author or co-author, including "How to Write and Create Content Using ChatGPT," "The Power of Homework" and poetry collection "Echoes of the Universe." There is even a new sub-genre on Amazon: Books about using ChatGPT, written entirely by ChatGPT. In the video, White says anyone with the wherewithal and time could create 300 such books a year, all using AI.

[1/2] Men walk past an electric board displaying Nikkei and other countries' indexes outside a brokerage in Tokyo, Japan January 16, 2023. After $14 trillion was wiped off world shares in 2022, $4 trillion has been added back this month. "Markets are in this Goldilocks-scenario of OK growth, slowing inflation and softer monetary policy," said Richard Dias, founder of London-based investment consultancy Acorn Macro. Major central banks have added almost 3,000 basis points to global borrowing costs in this tightening cycle to date. "We've had a monumental rally in government bonds based on expectations we've reached the peak in interest rates," he said.

Power giant Orsted aims to build a huge offshore windfarm to help the country meet renewable goals. Last year the North Sea Transition Authority (NSTA), which regulates offshore energy activity, concluded that large crossovers between such ventures were unfeasible with current technology. This largely unreported clash risks undermining Britain's drive to meet its climate goals, according to the companies involved and a North Sea green transition expert. The BP-Orsted showdown could also presage similar disputes elsewhere in an increasingly crowded North Sea, the experts told Reuters. There is hope on the horizon for wind and CCS projects that share ground, say regulators and industry experts.

You can also get a rewards credit card to get cash back or travel miles on everything you buy. Capital One Venture Rewards Credit Card Learn More Information about the Capital One Venture Rewards Credit Card has been collected independently by Select and has not been reviewed or provided by the issuer of the card prior to publication. The Capital One Venture X Rewards Credit Card is one of the more affordable cards in this category. Capital One Venture X Rewards Credit Card Learn More Information about the Capital One Venture X Rewards Credit Card has been collected independently by Select and has not been reviewed or provided by the issuer of the card prior to publication. There are many types of coverage you can get with credit card travel insurance.

☆ UK PM reportedly restarts talks with SoftBank about listing Arm in London
▼ + stars: | 2023-01-09 | by ( Ryan Browne | ) www.cnbc.com time to read: +2 min

SoftBank has stopped working on a London initial public offering for chip designer Arm because of political upheaval in the British government, the Financial Times reported. British Prime Minister Rishi Sunak reportedly reopened negotiations with the CEOs of SoftBank and Arm, in a renewed attempt to have the chip designer list its shares in London. Sunak is the third British prime minister to try to convince SoftBank to list its Arm division in the U.K. since a proposed buyout of Arm by Nvidia was scrapped. In May, former PM Boris Johnson wrote to SoftBank appealing for the Japanese firm to list Arm in London. With 6,000 staff globally and 3,000 in the U.K., Arm is widely regarded as the jewel in the crown of the British tech industry.

Carbon capture and storage (CCS) technology removes CO2 emissions from the atmosphere and stores them underground. * Smeaheia, a project by Equinor to develop a storage site in the North Sea with a potential to inject up to 20 mtpa from 2027/2028. The project plans to transport CO2 via pipelines to a storage site some 145 km offshore in the southern North Sea. ICELAND* The Coda Terminal will be a cross-border carbon transport and storage hub in Straumsvík, operated by Icelandic carbon storage firm Carbfix. The full capture, transport and storage chain will handle up to 100,000 mtpa of CO2.

☆ AMC Networks CEO Christina Spade, who worked for just 3 months, is entitled to a payout of over $10 million
▼ + stars: | 2022-11-30 | by ( Aaron Mok | ) www.businessinsider.com time to read: +3 min

AMC Networks CEO Christina Spade stepped down after only three months in her new role. She is entitled to a severance payout of at least $10.5 million. A November 28 filing details that Spade would receive the severance benefits laid out in her employment agreement. Spade, who joined AMC Networks as CFO last year and became CEO in September, had a minimum annual base salary of $1.75 million, as well as a bonus of double that salary, according to the agreement. "We of course realize that this will cause significant concern and anxiety for our employees and those who rely on AMC Networks for their livelihood," the memo said.

☆ The Visions of Octavia Butler
▼ + stars: | 2022-11-17 | by ( Lynell George | ) www.nytimes.com time to read: +27 min

As a science fiction writer, Butler forged a new path and envisioned bold possibilities. Mural with a portrait of Octavia Butler and her name, composed of dots of various densities in 3-D space. In 1995, she became the first science fiction writer to be awarded a MacArthur “genius” grant. “‘Kindred’ was a story of ordinary people trapped in fantastic circumstances,” Butler wrote in a 1988 notebook. Her point of view was one not traditionally found in science fiction and, simply by writing, she demanded a larger world.

☆ Twitter employees expect layoffs as Elon Musk preps 'aggressive' cuts
▼ + stars: | 2022-10-31 | by ( Jordan Parker Erb | ) www.businessinsider.com time to read: +5 min

And that's not to mention that employees are preparing for layoffs after Twitter leaders and VPs made lists of who to keep. Twitter employees expect layoffs to begin very soon. By Saturday afternoon, they handed Elon Musk lists of employees "to keep," two people said. Elon Musk fired Twitter execs "for cause" in a bid to avoid paying out tens of millions in severance. Among this year's biggest losers are those who've invested heavily in the metaverse (Meta CEO Mark Zuckerberg) and crypto (Binance CEO Changpeng Zhao).

☆ The craziest Airbnb designs that just won $100,000, from a ghost town gondola and acorn treehouse to a salt cave and Koi fish dome-house,
▼ + stars: | 2022-10-30 | by ( Sarah Belle Lin | ) www.businessinsider.com time to read: +1 min

Airbnb awarded 100 recipients $100,000 each to design out-of-this-world properties. But for those looking to step inside an Airbnb and have their minds blown, there's a specific category for that: the OMG! Judges representing Airbnb chose 100 winners from more than 20 countries to award $100,000 each to bring their designs to life. properties. Common themes submitted included stargazing experiences, musical themes, fruit-, mushroom- and wine-inspired, treehouses, and solar panels to boost sustainable energy.

Sam Zimmerman, AMC NetworksZimmerman. AMCWant to break bread with Zimmerman, VP of programming at AMC Networks' horror destination, Shudder? One of the first original documentary projects he commissioned for Shudder was "Horror Noire," focused on Black stories and creators. Zimmerman oversees a team of creatives who acquire and develop feature films and television series. "She taught me a lot about building audiences for films and when they'll reject new discoveries," Zimmerman said.

☆ How former Amazon execs built their own successful startups by adopting famous aspects of the retailer's culture, from writing super-short pitches to measuring meeting costs
▼ + stars: | 2022-10-17 | by ( Lauren Johnson | ) www.businessinsider.com time to read: +3 min

Below are three Amazon business tactics former execs used — from writing press releases for products that haven't been built yet to tallying the cost of meetings — that helped them launch their own successful companies. Ko Umeno, founder and CEO, Globalive, said he used these types of documents to win adtech clients including ID5, Browsi, and Acorn-i. Umeno said the process for writing Amazon-style documents requires rigorous research, and Umeno's clients thought his Amazon-style pitch was unique and packed with information. "I was quite happy that I worked at Amazon and learned how to write this stuff," he said. Walker used the strategy to determine what challenges clients have with Amazon, which guides what services the firm offers.

☆ Don’t look up: Close encounters of the disaster movie kind
▼ + stars: | 2022-09-25 | by ( Gene Seymour | ) edition.cnn.com time to read: +6 min

The latter movie, whose threat was, as with “Don’t Look Up,” a comet, was a more earnest, conscientiously assembled and far less flustered variation on this theme. By the way, I bet you’re wondering whether a feature-length “Chicken Little” movie was ever made. All I’ll say here is that it sounds a lot more interesting than the movie turned out to be. The title character in 2005's animated "Chicken Little" faces ridicule after warning that the sky is falling. But that doesn’t necessarily mean the movies will altogether abandon “Chicken Little” themes.

An animal voyage is special because it requires us to make many journeys all at once. To return home from an animal voyage is to become, yourself, a new animal living in your old habitat. “If the snow leopard should manifest itself, then I am ready to see the snow leopard,” Matthiessen writes. The best trips, like Peter Matthiessen’s search for the snow leopard, find a way to make themselves permanent. To return home from an animal voyage is to become, yourself, a new animal living in your old habitat.

☆ Inside an Animal Sanctuary in Bolivia Where Tourists Can Help
▼ + stars: | 2022-09-21 | by ( Photographs Yael Martínez | Yael Martínez | ) www.nytimes.com time to read: +22 min

An animal voyage is special because it requires us to make many journeys all at once. My favorite record of an animal voyage is a book that’s fluent in failure. To return home from an animal voyage is to become, yourself, a new animal living in your old habitat. “If the snow leopard should manifest itself, then I am ready to see the snow leopard,” Matthiessen writes. To return home from an animal voyage is to become, yourself, a new animal living in your old habitat.

☆ Lessons From a Lifetime of Animal Voyages
▼ + stars: | 2022-09-21 | by ( Sam Anderson | Photographs Yael Martínez | ) www.nytimes.com time to read: +22 min

☆ Where the Wild Things Are
▼ + stars: | 2022-09-21 | by ( The New York Times Magazine | Photographs Yael Martínez | ) www.nytimes.com time to read: +22 min

To return home from an animal voyage is to become, yourself, a new animal living in your old habitat. “If the snow leopard should manifest itself, then I am ready to see the snow leopard,” Matthiessen writes. “We’ve seen so much, maybe it’s better if there are some things that we don’t see.”Today, nearly 50 years later, if you are so inclined, you can go see a snow leopard at the zoo. The best trips, like Peter Matthiessen’s search for the snow leopard, find a way to make themselves permanent. To return home from an animal voyage is to become, yourself, a new animal living in your old habitat.

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