DIRS.INFO The most relevant business & tech news

CAPE CANAVERAL, Fla. (AP) — Astronomers have discovered what may be the brightest object in the universe, a quasar with a black hole at its heart growing so fast that it swallows the equivalent of a sun a day. The record-breaking quasar shines 500 trillion times brighter than our sun. The black hole powering this distant quasar is more than 17 billion times more immense than our sun, an Australian-led team reported Monday in the journal Nature Astronomy. The rotating disk around the quasar's black hole — the luminous swirling gas and other matter from gobbled-up stars — is like a cosmic hurricane. Further analysis shows the mass of the black hole to be 17 to 19 billion times that of our sun, according to the team.

Persons: —, Christian Wolf, ”, Priyamvada Natarajan Organizations: —, Australian National University, Southern Observatory, ” Yale, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: CAPE CANAVERAL, Fla, Australian, gobbled, Australia

☆ Startup funding is falling in most major cities. So why is Boston pulling ahead?
▼ + stars: | 2024-02-05 | by ( Melia Russell | Rebecca Torrence | ) www.businessinsider.com time to read: +8 min

AdvertisementThe Bay Area took the lion's share of capital raised on Carta in 2023, followed by Boston, then New York. AdvertisementAccording to Carta data, select metro areas saw the total early-stage funding raised decline by at least a third from 2022 to 2023. Yet early-stage funding was only down 24% in Boston, however, the smallest decrease of the metro areas that Carta tracks. According to Carta data, about $2.6 billion of capital raised in biotech flowed to Boston startups last year. Beyond biotechThe Carta data shows Boston also had strong showings across investment in software-as-a-service and hardware.

Persons: —, Zach Weinberg, Roche, Carta, Founders, that's, Rudina Seseri, Seseri, Peter Walker, Michael Greeley, Greeley, Mark Castleman, Castleman, Clement Cazalot, Cazalot, Walker Organizations: Service, Massachusetts Turnpike, Partners, Business, Carta, Boston, East Coast, Companies, Area, Flare Capital Partners, pharma, Intel Ignite, Glasswing Ventures, Founders, Machinery, Pritzker Group, Armory Square Ventures, Way Ventures, Klaviyo's, New York Stock Exchange Locations: Boston, New York City, East, Boston , Cambridge, Newton , Massachusetts, Newark, Jersey City , New Jersey, New York, San Francisco, Bay, France, Copley

☆ Astrobiotic thinks it knows what caused the fuel leak that doomed the first US moon mission since Apollo
▼ + stars: | 2024-01-10 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +3 min

Read previewAstrobotic has a theory for what may have caused its lander to fail on its mission to the moon. This story is available exclusively to Business Insider subscribers. But its hopes were quickly dashed after a fuel leak caused a failure in the spacecraft's propellant system. It does, however, hope to gather as much scientific information as it can while the spacecraft is still operational, Business Insider previously reported. AdvertisementAnother US firm, Houston-based Intuitive Machines, aims to send its own NASA-backed spacecraft, Nova-C, toward the moon in mid-February.

Persons: —, Astrobotic, Peregrine Organizations: Service, Business, United Launch Alliance, United, NASA, Planetary Society Locations: Houston

The US's first lunar lander in decades has met its doom. After launching on Monday, Peregrine Mission One started leaking fuel, Astrobotic said. Peregrine Mission One, a lunar lander built by Astrobotic, started leaking fuel hours after it launched from Cape Canaveral in Florida on Monday. The helium may have put the oxidizer tank under too much pressure, causing it to rupture and create the fuel leak, Astrobotic added. Peregrine Mission One is a nearly 2,900-pound uncrewed lander that carries 20 payloads from seven countries and 16 companies.

Persons: Peregrine, Astrobotic, — Organizations: Peregrine Mission, Service, Grumman, DHL MoonBox, DHL, Peregrine, United Launch Alliance Vulcan Locations: Cape Canaveral, Florida, Hungary, Seychelles

☆ We're updating price targets for 6 stocks and changing our rating for Palo Alto
▼ + stars: | 2023-12-01 | by ( Jeff Marks | ) www.cnbc.com time to read: +7 min

The Club on Friday is changing the rating and price target on one of our favorite stocks, and updating the price targets on 5 other names in the portfolio to reflect recent quarterly earnings reports, new developments at the companies and broader economic forces. We're increasing our price target on shares of Palo Alto (PANW) to $300 from $280. We're raising our price target on shares of Salesforce (CRM) to $275 from $240. We're lowering our price target for Ford (F) stock to $13 from $16. We're lifting our price target on shares of Eli Lilly (LLY) to $630 from $600.

Persons: PANW, Ford, Linde's, Linde, Eli Lilly, it's, It's, Jim Cramer's, Jim Cramer, Jim Organizations: Palo, Palo Alto Networks, Costco, Ford, UAW, Management, Motors, GM, Linde, LIN, P Healthcare, donanemab, Novo Nordisk, Pfizer, CNBC Locations: Alzheimer's, Lilly, Santa Clara , California

☆ Average homebuyers are beating out Wall Street landlords
▼ + stars: | 2023-11-29 | by ( James Rodriguez | ) www.businessinsider.com time to read: +15 min

The shutdowns of 2020 created a perfect storm for the housing market — and supercharged the clash between Wall Street and regular homebuyers. Given the attention these markets received during the pandemic, it's no wonder that the battle between Wall Street and Main Street became the dominant story of COVID-era homebuying. Advertisement"If Wall Street was really gobbling up Main Street," Sharga told me, "we would see homeownership rates go down." Wall Street landlords have also been increasingly selling off homes to regular people, a Business Insider analysis found. Still circlingWhile average homebuyers have staged a comeback over the past three years, Wall Street isn't ready to jump out of the housing market altogether.

Persons: homebuyers, That's, Wall, elbowed, Rick Sharga, CJ Patrick Company, they're, who've, Axios, Sharga, CoreLogic, Pretium —, John Voorheis, Voorheis, —, Freddie Mac, James Rodriguez Organizations: Rage, Federal Reserve Bank of Philadelphia, Parcl Labs, Labs, National Association of Realtors, Wall Street, Investor, Wall, Tricon, Associates, Investors, Center for Economic Studies, Census Locations: Phoenix, Chicago, homebuilders, homeownership, Dallas, Charlotte, North Carolina, Atlanta

☆ A supermassive black hole is actually losing energy instead of gobbling it all up, new research shows
▼ + stars: | 2023-11-21 | by ( Sonam Sheth | ) www.businessinsider.com time to read: +2 min

Scientists have obtained the first ever proof that black holes can lose energy. They've long believed that magnetic fields could suck energy out of black holes but didn't have proof — until now. The M87 supermassive black hole is emitting energy like "million-light-year-long Jedi lightsabers," the co-author of a new study said. AdvertisementScientists have long believed that black holes, which generally swallow up everything around them, can also lose energy. Space.com noted that Albert Einstein's theory of relativity predicted that black holes can lose energy and scientists have believed since the 1970s that magnetic fields can extract energy from black holes.

Persons: —, Alexandru Lupsasca, George Wong, Space.com, Albert Einstein's Organizations: Service, TNT

☆ If you get sued for an AI-generated creative work, OpenAI says it will protect you while Anthropic says you're on your own
▼ + stars: | 2023-11-14 | by ( Darius Rafieyan | ) www.businessinsider.com time to read: +4 min

At its first ever developer's day conference earlier this month, OpenAI tried to tackle the situation head on by announcing Copyright Shield. That's a promise that OpenAI will pay the legal fees of its business customers in the event they're sued for something they made using its products. "We can defend our customers and pay the costs incurred if you face legal claims around copyright," said OpenAI CEO Sam Altman in his keynote speech. But OpenAI rival Anthropic, founded by former OpenAI researchers and backed by billions of dollars from investors like Google and Amazon is taking a different approach. But to the extent that liability does exist, Anthropic says it's the person using the product that bears the blame.

Persons: Anthropic, it's, OpenAI, Sam Altman, Janel Thamkul, Thamkul, Erika Fisher, Fisher, I'm, they've, Darius Rafieyan Organizations: New York Times, Business, Google, United States Copyright, Sega Enterprises, Accolade, Sega

☆ Earth's mysterious core appears to be leaking, leaving scientists baffled
▼ + stars: | 2023-10-20 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +4 min

This could suggest the Earth's core is "leaking" helium. The study suggests the Earth's core may be leaking the rare helium, upheaving the belief that the giant ball of molten iron at the center of our planet is sealed away. AdvertisementAdvertisementWhat puzzled scientists in this latest study is just how much ³He was in the Baffin Islands lava olivine rocks. An illustration of Earth's core. AdvertisementAdvertisement"One important question is, assuming helium is leaking out of the core, whether any other elements also escape from the core?

Persons: Forrest Horton, Horton Organizations: Service, Oceanographic, Nature Locations: Baffin

That adds to tech-related tensions between the West and China, which is one of Europe’s biggest trading partners and the world’s biggest auto market. Chinese EV makers are drawn to Europe because auto import tariffs are just 10% versus 27.5% in the U.S., independent auto analyst Matthias Schmidt said. MG — owned by SAIC Motor, China’s biggest automaker — is the largest Chinese EV player in Europe. One reason Chinese companies can offer high-quality cars at affordable prices stems from the rules to enter the Chinese market. Chinese EV makers, meanwhile, are trying to stand out in a crowded field.

Persons: Laima Springe, Janssen, “, ” Springe, I’m, ”, Matthias Schmidt, John Kirkwood, —, Kirkwood, Warren Buffett, Ursula von der Leyen, Alfa, China’s EVs, Carlos Tavares, we’re, Alexander Klose, ” Klose, Schmidt, Justin Nicholls, Nicholls Organizations: Volvo, Nissan, Skoda, Union, EV, Volkswagen Passat, Kia, MG, SAIC Motor, China’s, —, Lotus, Chinese Commerce Ministry, EU, World Trade Organization, Tesla’s, Peugeot, Citroen, Alfa Romeo, Fiat, Global, Wall Motors Locations: Copenhagen, Denmark, Europe, China, West, U.S, British, Western, France, Germany, Beijing, Shenyang, Shanghai, Israel

☆ Tesla's dominance in the EV market is fading — and all hinges on the Cybertruck
▼ + stars: | 2023-10-12 | by ( Alexa St. John | Nora Naughton | ) www.businessinsider.com time to read: +4 min

Tesla needs the Cybertruck to claw back market share from other brands. After years of little-to-no competition, Tesla's EV dominance is being tested. Four years later, the Cybertruck finally arrives in an increasingly crowded EV market and, for the first time, as a late-arriver to its electric truck segment. Even as total EV sales in the US hit a record high in the third quarter, Tesla's share fell to a record low of 50%, according to Cox Automotive . AdvertisementAdvertisementTesla's first foray into the lucrative truck market is supposed to hit consumer driveways any day now , and it couldn't be coming at a better time.

Persons: Tesla, —, Tesla's, that's, It's, Cox, Musk, Sam Fiorani Organizations: Service, Elon, Cox Automotive, Ford, GM, Volkswagen, Hyundai, Chevrolet, AutoForecast Solutions, Tesla

☆ The Silicon Valley investors who secretly bought up $800 million in Northern California real estate reveal unexpected plans for 'a city of yesterday'
▼ + stars: | 2023-09-26 | by ( Chris Kaye | Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +4 min

A mysterious company backed by Silicon Valley investors has been purchasing land near San Francisco. They're planning to build a retro city on the 52,000 acres of farmland they bought. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertisementThe Silicon Valley investors that got the government's attention by gobbling up $800 million worth of land outside San Francisco say the mystery city they plan on building is, well… kinda retro. Solano County Google Maps"The plans that people put forward will be very inspired by those great old American neighborhoods that someone who was born 100 years ago will recognize," Sramek told KQED.

Persons: —, we've, Jan Sramek, Sramek, Goldman Sachs, Marc Andreessen, Laurene Powell Jobs, Michael Moritz of, Reid Hoffman, Flannery, who've, Catherine Moy, Moy, Bill Gates, Elon Musk, Musk, Chap Ambrose, Ambrose, Azmi Haroun Organizations: Service, KQED, The New York Times, Michael Moritz of Sequoia Capital, Flannery Associates, Travis Air Force Base, Solano County Google, Boring Company, SpaceX, Washington Post Locations: Silicon, San Francisco, California, Solano County, Bay, Fairfield, Solano Silicon, Austin , Texas, Bastrop Country

A parking bay reserved for electric car charging can be seen on display in London, Britain, October 19, 2018. REUTERS/Simon Dawson/File photo Acquire Licensing RightsSINGAPORE, Sept 18 (Reuters) - Fully electric refrigerated trucks for delivering food and pharmaceuticals are expected to give a Singapore-based startup the edge to crack into the crowded Chinese electric vehicle (EV) market. A viable cold storage electric vehicle could be a lucrative niche for Singauto inside the Chinese EV market, the world's largest. The constraint has slowed the adoption of pure electric trucks by cold-chain fleet operators, though automakers including Geely (GEELY.UL) and Toyota (7203.T) offer hybrid models and hydrogen-powered trucks as alternatives. Liu said Singauto can turn profitable with sales of 30,000 trucks, in part because it has outsourced the design, engineering and manufacturing of the vehicle.

Persons: Simon Dawson, Liu Yuqiang, Liu, China's CATL, Wang Xun, ” Wang, We're, Chen Aizhu, Kevin Krolicki, Zhang Yan, Miyoung Kim Organizations: REUTERS, Rights, Singauto Technology, Reuters, EV, Toyota, Shanghai, Automotive Technology, Cynergy Global Investment, Thomson Locations: London, Britain, Rights SINGAPORE, Singapore, Beijing, Qingdao, Southeast Asia, China, U.S, Asia

The falling shares mean that Mr. Arnault (now worth about $195 billion, Forbes says) dropped to the second-richest person in the world in June, eclipsed by Elon Musk. Mr. Arnault has broadened LVMH beyond extravagant playthings into the world of experiences, acquiring over 50 grand hotels and resorts. Mr. Arnault’s changes mean he doesn’t have to retire next year as originally expected. The French media is full of headlines comparing the Arnaults to the Roys, the fictional family in the HBO series. There are TikTok videos explaining why the Arnaults are “the real ‘Succession’ family.” The family hates this talk, and takes pains to play down parallels to the show.

Persons: Arnault, Forbes, Elon Musk, LVMH, —, gobbling, Delphine, Dior Organizations: Denmark’s Novo Nordisk, HBO

☆ Black holes mysteriously burp up fragments of stars they destroyed years earlier, and scientists have no idea why
▼ + stars: | 2023-09-05 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +5 min

Black holes have been spotted spitting up remnants of stars years after gobbling them up. AdvertisementAdvertisementSince then, the collaborators have been turning their instruments to monitor 24 black holes for years on end. In another two of the cases, Cendes noticed the black holes peaking, then fading, then turning on again. Everything we know about accretion disks may be wrongThe findings could mean we need to rethink how black holes swallow up stars, Cendes said. The new findings suggest astronomers will have to rethink the relationship between stars and black holes.

Persons: Yvette Cendes, we'd, Cendes, They've, She's, Cendres, I've Organizations: Service, Harvard, Smithsonian Center for Astrophysics, ESO, ESA, Hubble, Kornmesser Locations: Wall, Silicon, TDEs

Apple | Spotify | Stitcher | Amazon | Google Listen and follow ‘Hard Fork’A group of tech titans is gobbling up land north of San Francisco with aspirations to alleviate the Bay Area’s housing crisis, promote innovation, and experiment with new forms of governance. It’s not the first time ultra-wealthy people have tried to build the place of their dreams. Then, note-taking apps claim to make us smarter. Casey Newton, a productivity cult member, on how A.I. Plus, Kevin and Casey play HatGPT.

Persons: It’s, Casey Newton, Kevin, Casey, HatGPT Organizations: Apple, Spotify Locations: San Francisco

☆ Colleen Hoover is the hottest author in America. She also may be the most controversial
▼ + stars: | 2023-08-27 | by ( Aj Willingham | ) edition.cnn.com time to read: +13 min

“Colleen Hoover books always leave me speechless and in tears,” one TikTok reader said. However, Hoover’s work, she says, blurs that line with the addition of painful – and decidedly non-aspirational – narrative arcs. She pointed out what she saw as a pattern in Hoover’s books of women who endure disturbing behavior from their partners. Probably not.”Blake Lively and Justin Baldoni are set to star in the movie adaptation of Colleen Hoover's book "It Ends With Us." Hoover’s books are cloaked in bright, fashionable colors, and her author website offers boutique-style merchandise with flowers and calligraphy and inside jokes from her books.

Persons: doesn’t, Colleen Hoover, Hoover, ”, Blake Lively, Stephen King, It’s, “ Colleen Hoover, Lily Bloom, Atlas Corrigan, Ryle Kincaid, Lily, Ryle, –, influencer Whitney Atkinson, Atkinson, Colleen Hoover's, AJ Willingham, CNN Atkinson, ” Atkinson, “, ” Hoover, “ I’ve, Jenna Bush Hager, ” Amanda Diehl, Smart, “ I’m, Jennifer Prokop, ” Blake Lively, Justin Baldoni, Critics, ” Prokop, — that’s, problematically, Chick, ” Diehl, Diehl, that’s, it’s Organizations: CNN, New York Times, Trade, YouTube, ” CNN, “ Trade Locations: Texas

☆ Nvidia's blowout earnings report shows chipmaker is gobbling up all the profit in AI
▼ + stars: | 2023-08-23 | by ( Kif Leswing | ) www.cnbc.com time to read: +4 min

About half of Nvidia's data center revenue comes from cloud providers, followed by big internet companies. The growth in Nvidia's data center business was in "compute," or AI chips, which grew 195% during the quarter, more than the overall business's growth of 171%. Some startups have even gone into debt to buy Nvidia GPUs in hopes of renting them out for a profit in the coming months. On an earnings call with analysts, Nvidia officials gave some perspective about why its data center chips are so profitable. Nvidia's AI software, called Cuda, is cited by analysts as the primary reason why customers can't easily switch to competitors like AMD .

Persons: Jen, Hsun Huang, Huang, Chaim Siegel, Elazar, OpenAI, Meta, Colette Kress, Raymond James, H100s, Jensen Huang Organizations: Consumer, Audi, Nvidia, Elazar Advisors, Microsoft, AMD, Center Locations: Las Vegas, USA

☆ Carbon accounting was red hot in 2021. Now it's facing widespread consolidation, investors say.
▼ + stars: | 2023-08-22 | by ( Tasmin Lockwood | ) www.businessinsider.com time to read: +8 min

Carbon accounting startups peaked in 2021, raising over $5 billion from investors. The rise of carbon accountingThere are around 50 European carbon accounting companies, many of which didn't exist before 2019, according to Insider's own research. Venture capitalists are typically bullish on SaaS because it can scale quickly with few overheads, which is the promise many carbon accounting companies make. Carbon accounting business models often fell short of true SaaS scalability and instead relied on employees doing tasks manually, despite touting automation, investors said. The next generation of carbon accounting companies should be hyper-focused on one niche – for example, accounting for methane in the agricultural industry or water use.

Persons: Niklas Kaskeala, Antero Vartia, grimly, Kaskeala, That's, Namrata Sandhu, Luca Schmid, ClimateTrade, Germany's, Australia's Envizi, EcoOnline, Germany's Planetly, Buyers aren't Organizations: Sequoia, Octopus Ventures, Cherry Ventures, Balderton, Investors, Venture, Germany's TeamClimate, Watershed, IBM, Sage, SoftBank, KPMG, Enterprise, SAP, Oracle Locations: Helsinki, Finnish, Coatue, Europe, Zalando, London

☆ How $7.75 billion Hopin went from pandemic darling to selling off its flagship business for $50 million and handing back some investor cash
▼ + stars: | 2023-08-10 | by ( Callum Burroughs | Tasmin Lockwood | Michael Cogley | ) www.businessinsider.com time to read: +10 min

Virtual-events startup Hopin was a pandemic winner when it hit a $7.8 billion valuation in 2021. Now its CEO is stepping down, it's selling off parts of its business, and is set to hand back investor cash. But as vaccinations arrived and the travel restrictions eased, demand for Hopin's platform waned. "The pandemic was an extraordinary time to be investing," one London-based tech investor who had not backed Hopin said. Armed with more than $1 billion in investor cash, Boufarhat opted to make acquisitions.

Persons: Johnny Boufarhat, Boufarhat, Andreessen Horowitz, Catalyst, Slack, Hopin, Johnny ", Hopin Boufarhat, outsized, Streamyard, Badri Rajasekar, Klarna Organizations: Tiger, UPS, RingCentral, University of Manchester, Financial Times, Venture, Founders, Microsoft, Private Locations: London, Australia, Lebanese, US, Dubai, Papua New Guinea, Switzerland, Hopin

Paramount is preparing to announce an agreement to sell Simon & Schuster, one of the country’s top publishers, to KKR, a private-equity firm, marking the end of a yearslong attempt to sell the publishing house. The deal, which values Simon & Schuster at roughly $1.62 billion, could be announced as soon as Monday, according to three people familiar with the deal who spoke on condition of anonymity on Sunday to discuss a confidential process. The deal has the potential to reshape book publishing, an industry in which Simon & Schuster is one of the most significant players in the country. Paramount (formerly ViacomCBS) put Simon & Schuster up for sale in 2020. About nine months later, it announced a deal to sell the company to Penguin Random House for $2.18 billion.

Persons: Simon, Schuster Organizations: Paramount, KKR, Penguin Random, & $

☆ Ongoing strikes could kill Hollywood's momentum after the 'Barbenheimer' bump, but 4 industry insiders and analysts are still optimistic about the future of these 5 entertainment companies
▼ + stars: | 2023-07-29 | by ( James Faris | ) www.businessinsider.com time to read: +11 min

Here's which entertainment companies will outperform, according to analysts and industry insiders. Four industry veterans Insider spoke with unanimously agreed that unless the strikes are resolved soon, the movie industry's much-needed revival will fizzle out. In a mid-July note about the movie industry, Reese and Pachter highlighted three theater-related companies that are best positioned to survive in this difficult environment. FuboTV should be a winner since it's a solid alternative for cord cutters who still need news and sports coverage, which aren't impacted by the strikes, Pachter noted. Netflix is perhaps the most fascinating company in the media industry right now.

Persons: Barbie, Oppenheimer, Paul Dergarabedian, Alicia Reese, David A, Gross, Strikes, Reese, Michael Pachter, Dergarabedian, Pachter, Richard Gelfond, JPMorgan's David Karnovsky, Wedbush's Pachter, aren't, it's Organizations: Hollywood, Wedbush Securities, Entertainment Research, Alliance, Television Producers, Consumers, Netflix Locations: Hollywood, creatives

☆ Premarket stocks: The stock market is dominated by just a handful of companies. The Biden administration is worried
▼ + stars: | 2023-07-25 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +9 min

What’s happening: Two years ago, Lina Khan, 34, became the youngest and perhaps most progressive leader of the FTC’s 100-plus year history. Khan, meanwhile, was unable to successfully block Microsoft from closing its $69 billion purchase of videogame publisher Activision Blizzard last week. The rise of gig workers is changing the face of the US economyFrom CNN’s Samantha DelouyaLazarus Limo usually starts his day at 10 a.m. But workplace experts say the number of gig workers is growing, and and their impact is being felt throughout the economy. But whether the success of both films will translate into a sustained revival of the movie industry remains to be seen.

Persons: New York CNN —, Biden, Lina Khan, haven’t, Khan, Kevin Kiley, Joe Biden, —, Brian Fung, ” Khan, “, ” What’s, She’s, Samantha Delouya Lazarus, ”, that’s, Louis Hyman, ” Read, “ Barbie ”, “ Oppenheimer, Anna Cooban, “ Barbie, Barbie ”, ” Daniel Loria, Disney’s “ Indiana Jones Organizations: CNN Business, Bell, New York CNN, Apple, Microsoft, Nvidia, of America, Big Tech, Federal Trade Commission, FTC, White, Activision Blizzard, Republican, Economic, of New, Yale Law, Amazon, Bloomberg, Tech, Meta, Uber, CNN, DoorDash, of Labor Statistics, Cornell University, “ Society, Insiders, Warner Bros, Universal Studios, Warner Bros ., AMC, Hollywood Locations: New York, California, of New York, Hill , North Carolina, “, United States, Instacart, Disney’s

☆ How 30,000 metric tons of coconuts are processed a year in Sri Lanka
▼ + stars: | 2023-07-24 | by ( Korey Isbell | Dorian Barranco | ) www.businessinsider.com time to read: 1 min

Western wellness influencers once dubbed coconuts the new "it" superfood. Even though nutritionists couldn't agree if they deserved the hype, people kept gobbling them up. Well, harvesting coconuts is dangerous work. Farmers risk their lives climbing 80-foot palm trees to get the fruit. We visit Sri Lanka to see how coconut farmers bear the burden of the West's superfood obsessions.

Persons: nutritionists couldn't Organizations: Farmers Locations: Sri Lanka

To refine their popular technology, new artificial intelligence platforms like ChatGPT are gobbling up the work of authors, poets, comedians and actors — without their consent. Sheera Frenkel, a technology correspondent for The Times, explains the rebellion that’s now brewing.

Persons: —, Sheera Frenkel Organizations: The Times

Search resuls for: "gobbling"

25 mentions found