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"ESG is embedded into the company's DNA since ... day one," Martin Xu, who is corporate senior vice president at Honor, said Tuesday. Xu added that the business is focusing on a number of ESG-related areas, such as accessibility, environmental protection and transparent governance. ESG and IPOsHonor's Xu argued that ESG is inextricably linked to how his company functions and the business is certainly looking to make moves in the space. Among other things, this year saw Honor publish its first ESG Report, and it has also pledged that its operations will be carbon neutral by 2045. We have to focus on the R&D but link … all these factors with the company's ESG methodology," Xu said.
Persons: Martin Xu, Xu, Honor's Xu, ESG Organizations: CNBC's East Tech West, Huawei, Shenzhen Zhixin, Technology Co, Environmental Locations: ESG, Nansha, Guangzhou, China, Shenzhen
A 'revolution' is coming: KargoBot CEO
  + stars: | 2023-10-18 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailA 'revolution' is coming: KargoBot CEODuring a discussion at the East Tech West conference in China, KargoBot CEO Junqing Wei spoke about the opportunities and challenges facing his sector.
Persons: Junqing Wei Organizations: East Tech West Locations: China
U.S. chip export ban is 'great news,' says Chinese tech investor
  + stars: | 2023-10-18 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailU.S. chip export ban is 'great news,' says Chinese tech investorChloe Wang, partner and VP at the YangCheng Fund, described the U.S. Department of Commerce export ban of Nvidia’s A800 and H800 chips to China as "great news," speaking at CNBC's East Tech West conference. YangCheng invests in semiconductors for sectors including artificial intelligence training and autonomous vehicles.
Persons: Chloe Wang, YangCheng Organizations: U.S, YangCheng, U.S . Department of Commerce, CNBC's East Tech West Locations: China
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina's anti-corruption health care campaign needs to happen on 'massive scale,' says CEOSam Radwan, chief executive of consultancy Enhance International, said the Chinese government crackdown on health care professionals needs to happen on a "massive scale," speaking at CNBC's East Tech West conference. Several public bodies in China launched a campaign against bribes and other types of corruption in July.
Persons: Sam Radwan Organizations: International, CNBC's East Tech West Locations: China
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCEO: People will be able to wear VR headsets and have meetings on the street 'in the coming year'Cheng Guo, founder and CEO of StepVR, said that artificial intelligence would enable the development of virtual reality so that people could attend meetings while walking along the street or getting coffee, within a one-year timescale. Guo was speaking at CNBC's East Tech West conference.
Persons: Cheng Guo, Guo Organizations: CNBC's East Tech West
China IPOs overseas facing more hurdles, NYSE head of China says
  + stars: | 2023-10-17 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina IPOs overseas facing more hurdles, NYSE head of China saysDespite the negative impact from Covid-19, there is still "very strong and growing awareness and motivations for Chinese enterprises, who want to list their companies,” Kobe Ge, head of China at the New York Stock Exchange, told CNBC’s East Tech West conference.
Persons: Kobe Ge Organizations: China, NYSE, New York Stock Exchange, CNBC’s East Tech West Locations: China, Covid, Kobe
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUBS head of sustainable finance: Expect more greenwashing regulation, ESG transparency questionsCompanies should expect institutional investors to ask for information about responsibility in their supply chains and for regulation around greenwashing, said Tasos Zavitsanakis, UBS co-head of sustainable finance for Asia-Pacific, at CNBC's East Tech West conference. "There is an element of openness that needs to happen," he added.
Persons: Tasos Zavitsanakis Organizations: UBS, CNBC's East Tech West Locations: greenwashing, Asia, Pacific
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCost of shipping going green will contribute to inflation 'no question,' says industry CEO“There will be an inflationary impact coming from [the] decarbonization of shipping ... there is no question of it," said Bertrand Chen, CEO of the Global Shipping Business Network, speaking at CNBC's East Tech West conference. The EU will extend its Emissions Trading System to the maritime industry in 2024 — effectively a carbon tax to be paid by shipping lines, and a cost to consumers, Chen added.
Persons: Bertrand Chen, , Chen Organizations: Global Shipping Business Network, CNBC's East Tech West, EU
DALLAS (AP) — Dillon Gabriel knew he couldn’t take a sack as the pocket collapsed around him in the closing seconds of his Red River rivalry debut, the kind of big game he went to Oklahoma to play. 3 Texas on Saturday in their last matchup at the State Fair of Texas as Big 12 members before moving to the Southeastern Conference. Gabriel completed 23 of 38 passes for 285 yards and ran 14 times for 113 yards and a score. And we will.”They could play the Sooners again, if both make it to the Big 12 championship game on Dec. 2. UP NEXT Oklahoma has an open date before hosting Big 12 newcomer UCF on Oct. 21.
Persons: — Dillon Gabriel, Nic Anderson, ” Gabriel, Gabriel, Anderson, , Greg Sankey, Brent Venables, don’t, Dillon, , Bert Auburn’s, Drake Stoops, , Steve Sarkisian, Quinn Ewers, It’s, ” Ewers, ” Jonathon Brooks, Brooks, Xavier Worthy, Zach Schmit’s, Sankey, Texas superfan Matthew McConaughey, Texas ’ Malik Muhammad, Danny Stutsman, Stutsman, Venables Organizations: DALLAS, Oklahoma, State Fair of Texas, Big, Southeastern Conference, SEC, Sooners, Longhorns, UCF, Texas, Mayfield, Tampa, Cotton, College Football, Georgia, NEXT Oklahoma, Southwest Conference Locations: Oklahoma, Texas, Hawaii, ” Texas, Ewers . Oklahoma, . Texas, Houston
RENO, Nev. (AP) — The University of Nevada’s basketball team could have a new off-campus home by 2026 under an ambitious 10-year expansion plan that Reno’s largest hotel-casino announced Wednesday. The nearly $1 billion private capital investment will be the biggest in the city's history, according to officials of the Grand Sierra Resort. Before that, the team played at the Reno-Sparks convention center south of downtown. It's been the Grand Sierra Resort since 2006. Last year, Las Vegas hosted Sweet 16 games for the NCAA basketball tournament at T-Mobile Arena on the Vegas Strip.
Persons: Alex Mereulo, Brian Sandoval, Sandoval, It's, Hillary Schieve Organizations: University, Nevada’s, Grand Sierra, Las, University of Nevada, Nevada men’s, , Sierra Resort, Mountain West Conference, Reno, MGM, Reno Hilton, Las Vegas, Sweet, NCAA, Mobile, Vegas Locations: RENO, Nev, Las Vegas, Reno, Mereulo, Northern Nevada, Nevada, U.S, North America
CNN —No athlete attracts an A-list crowd quite like Lionel Messi, as demonstrated by Sunday’s Major League Soccer game between Inter Miami and Los Angeles FC. Ticket demand for Miami games has soared since the Argentinian’s arrival, with the average prices around $690 for Sunday’s match – the most expensive MLS game ever, according to online marketplace TickPick. Since moving from Paris Saint-Germain, Messi is having a huge impact on the pitch, as well as off it. Messi spoke with actor Owen Wilson after the game between LAFC and Inter Miami. It next faces Sporting Kansas City on September 9, while LAFC, currently third in the West Conference standings, plays the Portland Timbers.
Persons: Lionel Messi, Prince Harry, Leonardo DiCaprio, Owen Wilson, Edward Norton, Will Ferrell –, LAFC, Selena Gomez, Tyga, Germain, Messi, Harry, Sergio Busquets, Jordi Alba, Facundo Farías, Alba, John McCarthy, Aaron Long, Leonardo Campana, Ryan Hollingshead, Bouanga, Gary A, Vasquez, McCarthy, Gomez, , ” Messi, “ Zoolander, ” Selena Gomez, Mark J, Terrill, We’ve Organizations: CNN, Sunday’s Major League Soccer, Inter Miami, Los Angeles FC, Miami, MLS, Paris Saint, LAFC, Sunday, Reuters, BMO, , Eastern Conference, Sporting Kansas City, West Conference, Portland Timbers Locations: California, Paris, Miami, Barcelona
Missouri and Texas A&M were the first teams to join the SEC in 20 years. Financial benefits and concerns about conference stability lured Boston College to become the A.C.C.’s 12th member in 2005. Penn State, one of the last major programs to remain independent, became the Big Ten’s 11th member in 1993, setting off a wave of realignment across college football. The Missouri Valley Conference stopped sponsoring football after the 1985 season. Arkansas departed for the SEC in 1991, signaling the beginning of the end for the Southwest Conference, long associated with N.C.A.A.
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State Aztecs San Jose State Spartans South Alabama Jaguars South Carolina Gamecocks South Florida Bulls Southern Illinois Salukis Southern, Deacons Washington Huskies Washington State Cougars West Texas State Buffaloes West Virginia Mountaineers Western Carolina, Western Kentucky, Notre, . 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The semiconductor manufacturing equipment sector undergoing a bottoming process, with a positive inflection not yet visible, according to KeyBanc — meaning further upside for KLA shares is limited. KeyBanc downgraded KLA to sector weight from overweight on account of the company's shares recently exceeding its previous price target of $468. "We don't see evidence of a rapid return to industry demand exceeding supply, but we think shares may be discounting a return to those record run-rate levels," said Barger. "We think shares have discounted a significant recovery well in advance of a fundamental improvement, and earlier than we've seen in prior cycles. KLA shares were down 1.3% in premarket trading.
Persons: KeyBanc, Steve Barger, it's, Barger, we've, , Michael Bloom
Its music ambitions could ruffle feathers at record labels and publishers — unless it pays out. TikTok's app regularly sparks trends that help songs go viral, making it a favorite of marketers at major labels and independents. TikTok works closely with record labels and artists on promotional efforts like livestreamed concerts, in-person performances, and private listening parties with TikTok stars. Spotify has maintained a tenuous relationship with the labels over the years as it's sought to balance profit margins while splitting revenue with artists, labels, and publishers. Still, even as record labels and publishers push TikTok to pay more to music rights holders, they're investing more in the app.
Russia's navy has had little involvement in Ukraine, losing only one major warship so far. Russia's military closed off parts of the Sea of Okhotsk and the Sea of Japan to practice firing torpedoes, missiles, and artillery. Russia's navy received heavy investment in the 2000s, as President Vladimir Putin rebuilt the military after a decade of post-Soviet decay. While it still struggles with its larger ships, Russia's navy now has dozens of frigates and corvettes armed with effective long-range weapons. Russian navy corvette Gremyashchiy, front, and the frigate Admiral Kasatonov in St Petersburg in July 2019.
TikTok has shifted staff on its music team in North America. An exec from its song-distribution tool is now leading TikTok's artist services for the region. TikTok has shuffled staff on its music team in North America over the past few months, naming a new artist-services lead and moving a key exec into a role at its parent company. TikTok has invested heavily in its music staff over the last few years after becoming an essential platform for song discovery and artist marketing. The company may even roll out its own TikTok Music streaming service one day, a trademark filing suggests.
Its music ambitions could ruffle feathers at record labels and publishers — unless it pays out. TikTok's app regularly sparks trends that help songs go viral, making it a favorite of marketers at major labels and independents. TikTok works closely with record labels and artists on promotional efforts like livestreamed concerts, in-person performances, and private listening parties with TikTok stars. Spotify has maintained a tenuous relationship with the labels over the years as it's sought to balance profit margins while splitting revenue with artists, labels, and publishers. Still, even as record labels and publishers push TikTok to pay more to music rights holders, they're investing more in the app.
The climate crisis impacts everyone, and young people feel especially stressed about the warming planet. In a recent conversation at the South by Southwest conference in Austin, Texas, tech founder and philanthropist Alexis Ohanian spoke with two Gen Z climate leaders about how they manage their eco-anxiety. Penn says the biggest way she confronts climate anxiety is by taking action, and her biggest motivator is using hope and joy as tools of resilience. Most recently, Penn says she channels her climate anxiety through art, namely through her first animated short film "Asali: Power of the Pollinators" with executive producer Viola Davis, which comes out in April. She also stresses the need to tap into Black, Brown and Indigenous communities to measure negative impact as well as seek solutions.
Patagonia CEO Ryan Gellert is seen on stage during the "Earth Is Now Our Only Shareholder" keynote session during 2023 SXSW Conference and Festival on March 12, 2023 in Austin, Texas. Patagonia CEO Ryan Gellert is the first to admit that he's "the last person anybody should ask career advice," he said in conversation with Katie Couric at the South by Southwest conference in Austin, Texas, recently. "And they said, 'No, we'd love to offer you $6 an hour to come pack boxes in the warehouse.' What he learned from Patagonia's founderGellert became Patagonia's CEO in 2020 in the midst of the Covid-19 pandemic and racial justice protests erupting around the country. Step by step, Gellert says, Chouinard will ask himself: "What did I learn?
Kobe Johnson supplied 13 points, nine rebounds and four assists, while the Trojans' usual leading scorer, Boogie Ellis, was held to six points. Vermont (23-11) was led by Robin Duncan, Dylan Penn and Matt Veretto who each scored 11 points. Jamarius Burton added 11 points and Greg Elliott had 10, as the Panthers advanced to face No. Jordan Hawkins chipped in 13 points, Donovan Clingan posted 12 and Andre Jackson Jr. supplied 10. Adrian Baldwin Jr. paced the Rams (27-8) with 13 points on 6-of-11 shooting.
Corporate bosses are getting return-to-office requirements all wrong, global work experts and remote leaders said during a panel conversation at the South by Southwest conference in Austin, Texas, recently. Many bosses land on three days a week as if it's "the magical number. As far as best practices go, Bush says "every leader should listen better" and understand how teams work best based on one-on-one conversations, surveys, focus groups or 90-day trial runs. Sarah Fern, chief people officer at Velocity Global, says listening is the biggest challenge for remote leaders — and most importantly, understanding what you're not hearing. 'There are not good remote work policies in place'
TikTok overrode its algorithm to boost views on the World Cup and Taylor Swift, a company exec said. TikTok's Jeff Louisma compared the practice to how Netflix promotes certain movies on its homepage. Putting guardrails on TikTok's algorithm is a focus for US officials that fear influence campaigns. TikTok has manipulated its own algorithm to promote certain tentpole moments such as the World Cup or when Taylor Swift first joined the platform, a company cybersecurity exec said on Saturday, speaking at the South by Southwest conference in Austin, Texas. TikTok staff also have other mechanisms that can influence the type of content that's surfaced to users on its app.
TikTok overrode its algorithm to boost views on the World Cup and Taylor Swift, a company exec said. TikTok's Jeff Louisma compared the practice to how Netflix promotes certain movies on its homepage. Putting guardrails on TikTok's algorithm is a focus for US officials that fear influence campaigns. TikTok has manipulated its own algorithm to promote certain tentpole moments such as the World Cup or when Taylor Swift first joined the platform, a company cybersecurity exec said on Saturday, speaking at the South by Southwest conference in Austin, Texas. TikTok staff also have other mechanisms that can influence the type of content that's surfaced to users on its app.
Greg Brockman, OpenAI president and cofounder, said he's still optimistic about the future of AI. Brockman spoke to a large crowd in one of the kickoff panels at South By Southwest in Austin. Despite concerns around misinformation and sentience, he thinks that AI will be a force for good. Musk, who severed ties with the company in 2018, is putting together a team to build a rival, "anti-woke" AI chatbot, The Information reported. Greg Brockman, the cofounder of OpenAI, speaks at SXSW in Austin, Texas.
In this photo illustration, former U.S. President Donald Trump's archived Twitter account is shown on a phone screen with the Twitter logo in the background. And they happen to be the hands of Elon Musk, the richest person in the world and one of the app's most high-profile provocateurs. 2006In March, Jack Dorsey, Noah Glass, Biz Stone, and Evan Williams created Twitter, which was originally a side project stemming from the podcasting tool Odeo. 2011Twitter became an essential social media tool used during the Arab Spring, the wave of antigovernmental protests throughout Egypt, Libya and Tunisia. The combined wealth of Williams, Dorsey, and Costolo hit roughly $4 billion.
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