DIRS.INFO The most relevant business & tech news

☆ Bronze Age-style ship recreates a 4,000-year-old journey
▼ + stars: | 2024-07-13 | by ( Ashley Strickland | ) edition.cnn.com time to read: +6 min

Fast-forward to seventh century East Anglia in the United Kingdom, where an Anglo-Saxon warrior king was buried alongside exquisite goods within a massive ship. Researchers are hoping to reconstruct the ship — and it’s not the only vessel gaining new life centuries after disappearing from time. Emily Harris/Zayed National MuseumUsing a supply list written on a clay tablet, a team of experts in the United Arab Emirates has reconstructed a Bronze Age ship. Once upon a planetScientists excavated a 52,000-year-old woolly mammoth skin from the Siberian permafrost. Love Dalén/Stockholm UniversityThe freezing temperatures of the Siberian permafrost preserved a piece of 52,000-year-old woolly mammoth skin so well that it contains a first-of-its-kind genetic treasure trove.

Persons: it’s, Emily Harris, Shipwrights, Jacob, Alex Braczkowski, Griffith University Jacob, Tibu, Butch Wilmore, Suni Williams, James Webb, Ashley Strickland, Katie Hunt Organizations: CNN, East, Zayed National, United Arab Emirates, Zayed National Museum, Griffith University, Uganda’s Queen Elizabeth, International Space Station, NASA, Boeing, European Space Agency, James Webb Space, Penguin, —, CNN Space, Science Locations: Siberia, East Anglia, United Kingdom, Persian, Mesopotamia, Zayed, Abu Dhabi, Sweden, Denmark, Peru, Machu Picchu, Uganda’s, Stockholm, Western Australia

☆ How a Trump 2.0 presidency could threaten dollar dominance, according to a think tank
▼ + stars: | 2024-07-12 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

If elected, Donald Trump has promised to maintain the dollar as the world's reserve currency. But his policies risk deteriorating faith in the greenback, according to one think tank. At number 13, the former president pledged to keep the US dollar in place as the world's main reserve currency. But a second Trump term might actually erode greenback's dominant role, wrote Mark Sobel, US chair of the Official Monetary and Financial Institutions Forum. During his first term, Trump threatened to leave NATO and took the US out of key agreements, such as the Iran nuclear deal, Paris Climate Accord and Trans-Pacific Partnership, Sobel wrote.

Persons: Donald Trump, OMFIF, —, Donald Trump's, Mark Sobel, Sobel, Trump, Biden Organizations: Service, Republican National, Trump, Monetary, Financial, Treasury, Social Security, NATO, Paris Climate Accord, Pacific Partnership Locations: Iran, Paris

☆ Fossils of ancient chromosomes found for the first time in 52,000-year-old woolly mammoth skin
▼ + stars: | 2024-07-11 | by ( Jacopo Prisco | ) edition.cnn.com time to read: +11 min

CNN —A piece of woolly mammoth skin excavated from the Siberian permafrost has been found to contain fossil chromosomes in a first-of-its-kind discovery, according to a new study. The new study revealed that fossils of ancient chromosomes survive in this skin sample. But the DNA from elephants was also needed to assemble the mammoth genome. The researchers hope to use the findings to assemble the woolly mammoth genome completely. “This structural information provides insights into functions of the woolly mammoth genome that were invisible using previous genomic methods,” Heintzman said in an email.

Persons: ”, Erez Lieberman Aiden, Lieberman Aiden, Olga Dudchenko, Dudchenko, Elena Kizilova, Kevin Campbell, ” Campbell, ” Dudchenko, ” Aiden, “, Cynthia Pérez Estrada, ” Pérez Estrada, there’s, Adam Fotos “, Marcela Sandoval, Velasco, Pérez Estrada, Peter Heintzman, ” Heintzman, Dmitry Filatov, ” Filatov, ” Hendrik Poinar, Poinar Organizations: CNN, Baylor College of Medicine, Center, Theoretical, Rice University, of Cytology, University of Manitoba, Stockholm University, Houston Astros, Center for Genome Architecture, Baylor, Rice’s, University of Copenhagen, University of Oxford, McMaster University Locations: Belaya Gora, Siberia, Canada, Stockholm, Denmark, “, Sweden, paleogenomics, United Kingdom, Ontario

☆ When is the Ambani wedding? A timeline of the couple’s 7 months of celebrations
▼ + stars: | 2024-07-11 | by ( Leah Dolan | ) edition.cnn.com time to read: +6 min

But a wedding that spans seven months is an outlier — even in the extravagant world of big Indian weddings. January: The engagement partyActor Ranveer Singh and his wife actor Deepika Padukone attend the engagement ceremony in January. Ahead of the party, the Ambani family also hosted a communal dinner for more than 50,000 villagers outside Jamnagar. July 2-5: Mass wedding and musical nightBrides and grooms perform rituals during a mass wedding ceremony for underprivileged couples hosted by Anant Ambani's parents, Nita and Mukesh. The Ambani family residence Antilia, which will host some of the weekend's festivities, has been extravagantly decorated ahead of the ceremony.

Persons: Anant Ambani, Mukesh Ambani, Forbes, Radhika Merchant, Rihanna, Justin Bieber, you’ve, Ranveer Singh, Deepika Padukone, NIHARIKA KULKARNI, REUTERS Merchant, Aishwarya Rai Bachchan, Salman Khan, Ram Charan, Shah Rukh Khan, Aamir Khan, Reuters Don’t, Mark Zuckerberg, Bill Gates, Ivanka Trump, Jared Kushner, Ambani, Pitbull, David Guetta, Katy Perry, Andrea Bocelli, Anant Ambani's, Nita, Mukesh, Divyakant Solanki, Shutterstock, Nita Mukesh Ambani, Anant’s, Anamika Khanna, Sandeep Khosla, Adele, Drake, Lana Del Rey, Punit Paranjpe, “ Ashirwad, Mangal Utsav Organizations: CNN, REUTERS, Reliance Industries, Reuters, Tech, Backstreet Boys, des, Convention, Getty Locations: Rajasthan, Jamnagar, Gujarat, Sicilian, Palermo, Rome, Cannes, Portofino, ”, Palghar, Mumbai, —, AFP, Antilia

☆ ETF Innovators: 11 people disrupting the industry, creating unique products, and delivering mammoth returns
▼ + stars: | 2024-07-11 | by ( William Edwards | ) www.businessinsider.com time to read: +1 min

We highlight 11 people disrupting the ETF industry and delivering impressive returns for investors. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . According to PwC, total ETF assets under management have grown by almost 19% a year over the last five years. And asset management giants seem more willing to enter the ETF space, according to Nate Geraci, president of The ETF Store. This story is available exclusively to Business Insider subscribers.

Persons: —, It's, Morningstar, Nate Geraci Organizations: issuances, Service, Securities, Exchange, Business Locations: PwC

☆ A Mammoth First: 52,000-Year-Old DNA, in 3-D
▼ + stars: | 2024-07-11 | by ( Siobhan Roberts | ) www.nytimes.com time to read: +1 min

They probed the sample with an innovative experimental technique that revealed the three-dimensional architecture of the mammoth’s genome. Hendrik Poinar, an evolutionary geneticist at McMaster University in Canada, was “floored” — the technique had successfully captured the original geometry of long stretches of DNA, a feat never before accomplished with an ancient DNA sample. “It’s absolutely beautiful,” said Dr. Poinar, who reviewed the paper for the journal. An organism’s full genome resides in cell nuclei, in long, unfragmented DNA strands called chromosomes. “To have the actual architectural structure of the genome, which suggests gene expression patterns, that’s a whole other level,” Dr. Poinar said.

Persons: —, Hendrik Poinar, ”, Poinar Organizations: McMaster University Locations: Houston, Copenhagen, Barcelona, Siberia, Canada

☆ Zelensky blasts Modi meeting with Putin the same day Russian attack devastates Ukraine hospital
▼ + stars: | 2024-07-08 | by ( Helen Regan | ) edition.cnn.com time to read: +7 min

Two people were killed and at least 16 others were injured in the strike on Kyiv’s Okhmatdyt hospital. Rescuers work at Ohmatdyt Children's Hospital that was damaged during a Russian missile strikes, in Kyiv, Ukraine July 8, 2024. Reducing the trade imbalance would be a “matter of priority” in Modi’s discussions with Putin, he said, ahead of the trip. Russian Presidential Aide Yury Ushakov said the Kremlin attaches “primary importance” to Modi’s visit, Russian state-run news agency TASS reported. Biden called Russian missile strikes in Kyiv – including on the children’s hospital – a “horrific reminder of Russia’s brutality,” in a statement Monday evening.

Persons: Volodymyr Zelensky, ”, Narendra Modi, Vladimir Putin, Putin, ” Zelensky, Gleb Garanich, Iryna Filimonova, Volker Turk, Modi, ” Putin, “, Modi’s, Matthew Miller, Randhir, Yury Ushakov, Joe Biden, Biden, ” Biden Organizations: CNN, Indian, Ohmatdyt, United, Kremlin, US State Department, UN, United Nations, NATO, Russian Locations: Moscow, Russian, Kyiv, Novo, Ogaryovo, Russia, Ukraine, Dnipro, Kryvyi, United Nations, Ukrainian, India, Delhi, China, Western, United States, Washington

☆ Paleolithic tool reveals when clothing as a form of self-expression may have gotten its start
▼ + stars: | 2024-07-08 | by ( Jacopo Prisco | ) edition.cnn.com time to read: +7 min

The circumstances surrounding eyed needles raised a number of questions. How do you alter your appearance for social purposes? “We don’t need to have eyed needles to manufacture clothing,” he said. This evidence would support the theory that eyed needles played a role in decoration, without ruling out their use for tailoring. “Our study shows that eyed needles are a marker for this change in the function of clothing, from thermal to social necessity,” he added.

Persons: ”, Ian Gilligan, Gilligan, ” Gilligan, “, Mariana Ariza, they’re, ” It’s, Liza Foley, Foley, Nowell, ” Nowell Organizations: CNN, University of Sydney, Ghent University, Royal Museums of Art, Lansdowne, University of Victoria Locations: Siberia, Europe, East, Southeast Asia, Africa, Australia, Eurasia, Moscow, Brussels, Belgium, Canada

☆ The folding wingtips on Boeing's massive new 777X are a first in commercial aviation. Here's why the plane needs them.
▼ + stars: | 2024-07-06 | by ( Taylor Rains | ) www.businessinsider.com time to read: +1 min

You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewBoeing's latest addition to its growing fleet of commercial jets is the innovative 777X. This story is available exclusively to Business Insider subscribers. AdvertisementThat's thanks to its mammoth engines and wingspan, the latter sporting a revolutionary technology not yet seen in commercial aviation but necessary for the plane's success: folding wingtips.

Persons: —, Tim Clark Organizations: Service, Boeing, Dubai Airshow, Airbus, British Airways, Emirates, Lufthansa, Business

☆ While much of Europe embraces hard-right parties, the UK has swung wildly to the left. Here’s why
▼ + stars: | 2024-07-05 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +5 min

Francois Lo Presti | Afp | Getty ImagesLONDON — A somewhat strange and ironic political shift has gripped Europe over the last few years. "There's an anti-incumbency mood again in Europe," Dan Stevens, professor of politics at Exeter University, told CNBC. Shared concernsThe U.K. is not alone in looking for a political change of scenery. A similar shift has been observed in much of western and eastern Europe in recent years, with hard-right populist and nationalist parties upsetting and unseating the old political establishment. Political analysts point out that, although far-right political parties in France, Germany and Italy made gains in the recent European Parliament elections, they also did not perform quite as well as expected.

Persons: Jordan Bardella, Francois Lo Presti, Dan Stevens, Stevens, Christopher Granville, leaderships, they've, Granville, Sofia Vasilopoulou Organizations: Union, Afp, Getty, Labour Party, Conservative Party, Europe —, Exeter University, CNBC, Conservative, Party for Freedom, EMEA, TS Lombard, King's College London Locations: France, Henin, Beaumont, Europe, euroskeptic, Ukraine, Italy, Netherlands, Germany

With plenty of dates still remaining in their 2024 tour, there are a few avenues for how to buy Foo Fighters tickets this year. We've got you covered if you're looking for how to get tickets to Foo Fighters' 2024 tour. Foo Fighters 2024 tour scheduleFoo Fighters' European tour concludes on July 7, 2024. How to buy tickets for Foo Fighters 2024 concert tourYou can buy original tickets to Foo Fighters' 2024 Everything Or Nothing at All Tour on Ticketmaster. The least expensive standard original tickets for Foo Fighters' 2024 tour begin at $36 for the band's August 3 show in Denver.

Persons: Dave Grohl, Grohl, Nate Mendel, Chris Shiflett, Pat, Josh Freese, Rami Jaffee, We've, Alex G, they'll Organizations: Business, Foo Fighters, Fighters, Ticketmaster, Denver, Vivid, WA Mammoth, WA Locations: Seattle, North America, Europe, New York City, United States, Bridgeport , Connecticut, Werchter, Belgium, York City, NY, Boston, Hershey, Cincinnati, Minneapolis, Denver, San Diego, Los Angeles, CA, Concord, Portland, WA, Bridgeport, Cincinnati ,, Los Angeles , CA, Hershey ,, San Diego ,, Los Angeles ,, San Diego , CA

☆ Semiconductor stocks just capped off a strong start to 2024. What to expect in the second half
▼ + stars: | 2024-07-05 | by ( Samantha Subin | ) www.cnbc.com time to read: +6 min

Wall Street is sticking with semiconductor stocks after its hot start to the year. SMH YTD mountain Share performance in 2024 That said, many investors and analysts expect another strong glide path for the industry in the second half. "The AI theme continues to remain very strong," said CFRA Research analyst Angelo Zino, who holds a buy rating on Nvidia. Many on Wall Street view this upcycle as a significant tail wind for Micron Technology as the industry edges out of its trough. But many on Wall Street viewed the sell-off as a buying opportunity , with Goldman Sachs analyst Toshiya Hari expecting market share gains in high-bandwidth memory.

Persons: frothiness, Angelo Zino, you've, Ken Mahoney, John Belton, we're, Management's Paul Meeks, that's, Harlan Sur, Baird, Ted Mortonson, Jeff deGraaf, CNBC's, Gabelli's Belton, Belton, Meeks, Goldman Sachs, Toshiya Hari, Hari, CFRA, Zino, Baird's Mortonson Organizations: VanEck Semiconductor, Nvidia, Devices, CFRA, Gabelli Funds, Broadcom, JPMorgan, KLA Corp, Cadence Design Systems, Micron Technology, Micron, Qualcomm, Apple Locations: unchartered

☆ Oakley founder lists $68 million brutalist home — see inside the concrete compound that looks like a Bond villain's lair
▼ + stars: | 2024-07-02 | by ( Jaures Yip | ) www.businessinsider.com time to read: +1 min

James Jannard listed a Beverly Hills compound for $68 million shortly after his record Malibu sale. The Oakley founder recently set a record with a $210 million Malibu mansion sale, surpassing Jay-Z. Jannard's net worth is an estimated $1.3 billion, per Forbes. AdvertisementJust days after making a record-breaking Malibu mansion sale for $210 million, Oakley founder James Jannard is back with another mammoth listing. The sunglasses mogul just put his Beverly Hills cement compound up for sale at $68 million, as first reported by Realtor.com.

Persons: James Jannard, Jay, —, Oakley, Realtor.com, Jannard Organizations: Malibu, Oakley, Forbes, Service, Beverly, Business Locations: Beverly, Malibu

☆ Chewy shares fall after surging on revelation of ‘Roaring Kitty’ meme trader’s 6.6% stake
▼ + stars: | 2024-07-01 | by ( Krystal Hur | ) edition.cnn.com time to read: +2 min

New York CNN —Shares of online pet products retailer Chewy went on a wild ride Monday after Keith Gill, the influential meme stock trader also known as ”Roaring Kitty,” revealed a large stake in the company. On Monday, Gill said in a Securities and Exchange filing that he purchased about 9 million Chewy shares (CHWY), amounting to a 6.6% stake in the company. Chewy shares slipped about 5% mid-morning on Monday after jumping as much as 10% earlier in the session. Ryan Cohen, the founder of Chewy, is the chief executive of GameStop, the embattled video game retailer Gill is known for championing. Gill revived the meme stock frenzy in May after breaking a three-year social media hiatus to post a cartoon on X.

Persons: Chewy, Keith Gill, ”, Gill, Ryan Cohen, ” Gill Organizations: New, New York CNN, Securities, Exchange, GameStop, CNN, Financial Services Locations: New York, Texas

☆ India’s women break multiple records in astonishing Test match against South Africa
▼ + stars: | 2024-06-30 | by ( Aimee Lewis | ) edition.cnn.com time to read: +1 min

CNN —So astonishing was the first innings of the Test between India’s women and South Africa’s women that multiple new entries needed to be made into cricket’s record books by the time India had declared on the second day of play. In posting 603 for six before declaring in Chennai, India scored the highest total in women’s Test cricket and became the first to surpass the 600-mark in first-class cricket, according ESPN’s cricinfo. The opening day’s 525 for 4 was the most runs scored by any team, men or women, in a day’s play of Test cricket, and the first 500-plus total on day one in women’s Test cricket. Shafali Verma was the standout performer in an unforgettable start to the one-off encounter, scoring 205 for the fastest double century in women’s Test history. Her partnership of 292 runs with Smriti Mandhana is the highest opening stand in women’s Test cricket.

Persons: Shafali Verma, Smriti Mandhana, Harmanpreet Kaur, Richa Ghosh, ” Shafali, “ Organizations: CNN, women’s, “ Locations: South, India, Chennai, South Africa

☆ Gautam Adani wants to transform India’s biggest slum
▼ + stars: | 2024-06-29 | by ( Jessie Yeung | Noemi Cassanelli | ) edition.cnn.com time to read: +18 min

Noemi Cassanelli/CNNA man works at Shaikh’s workshop in Dharavi slum on April 14. “All slum redevelopment is quite fraught,” Kamath said. Noemi Cassanelli/CNNWomen chatting in Dharavi on April 14 Noemi Cassanelli/CNNA woman carrying fabric walks along a narrow alley in Dharavi on April 14. He is India’s largest airport operator and owns India’s biggest private port operator and private thermal power operator. The state and Adani deny any wrongdoing, but that hasn’t stopped many residents from viewing Adani and his government ties with suspicion.

Persons: Noemi Cassanelli, Masoom Ali Shaikh, ”, “, Gautam Adani, Jeff Bezos, ” Adani, ” Shaikh, ” Lofty, Dharavi, they’re, Lalitha Kamath, ” Kamath, aren’t, Dilip Gabekar, Narendra Modi, Adani, ’, Gabekar, Shaikh, They’re, Baburao Mane, Mane, CNN Neeta Jadhav, Neeta Jadhav, Jadhav, Dhanshuk Purshottamwala, He’s, Kamath, Prasant, hasn’t, Modi, ferociously, Reshma Prasant Organizations: CNN, India CNN, Adani, Tata Institute of Social Sciences, Reuters, Adani Enterprises, Bharatiya Janata Party, Private, Manohar Joshi, NDTV Locations: Mumbai, India, CNN Mumbai, Dharavi, Uttar Pradesh, Gujarat, Tamil Nadu, “, Adani, Maharashtra, It’s, India’s

☆ A frozen wolf discovered in Siberia turned out to be 44,000 years old. It's so well-preserved that scientists are checking its gut for ancient viruses.
▼ + stars: | 2024-06-28 | by ( Jenny Mcgrath | Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +5 min

"It's the only complete adult Pleistocene wolf that's ever been found, so that in itself is really remarkable and completely unique," he added. AdvertisementThe wolf's stomach may hold its last meal and much moreScientists are investigating the wolf's stomach for signs of its last meal and ancient microbes. This discovery is just part of a larger collaboration to study other ancient animals, including fossil hares, a horse, and a bear. The researchers previously studied a wolf head from the Pleistocene era and have another wolf fossil awaiting dissection. Any ancient viruses or bacteria in the guts of the Yakutia wolf could help researchers better understand the microbes hiding inside permafrost creatures.

Persons: —, Robert Losey, wasn't, Losey, Jean, Michel Claverie, Claverie Organizations: Service, Eastern Federal University, Business, University of Alberta, Institute of Experimental Medicine, Eastern, CNN Locations: Yakutia, Russia, North, Yakutsk, Yukon

☆ Elon Musk is trying to woo advertisers after telling them to ‘go f–k yourself’
▼ + stars: | 2024-06-20 | by ( Oliver Darcy | ) edition.cnn.com time to read: +4 min

New York CNN —Elon Musk told advertisers last year to “go f**k yourself.” This year, he is showcasing a much different attitude. The erratic billionaire, realizing that he very much needs major advertisers to power X, was in the South of France on Wednesday, attending Cannes Lions, the world’s largest advertising festival. Put together, it’s is no mystery why major brands have taken their advertising dollars elsewhere. Musk even said at the time that the damage to X’s bottom line was so great, it could eventually kill the company. Musk likely does not want to see the platform go the way of the woolly mammoth, which is why he is now trying to woo advertisers back.

Persons: New York CNN — Elon Musk, Mark Read, Musk, —, ” Read, Andrew Ross Sorkin, hadn’t, “, ” Musk, X, it’s, ”, Joe Biden’s, Donald Trump Organizations: New York CNN, France, Cannes Lions, WPP, SpaceX, Associated Press, Washington Post, Democratic Party, Republicans Locations: New York, South, Israel, Mexico, Washington

☆ Baltimore bridge: Attorneys reach deal that could allow some Dali crew members to fly home after months stuck onboard
▼ + stars: | 2024-06-20 | by ( Holly Yan | Gabe Cohen | ) edition.cnn.com time to read: +7 min

Crew members haven’t been able to get off the ship for a variety of reasons. Bennett’s email identifies the eight eligible crew members, which include a cook, a fitter and an oiler. As part of the deal, those crew members will not need to stay in Baltimore. But with the new agreement Wednesday night, the eight crew members would be able to leave the country before they’re deposed. But it’s still unclear exactly when the eight crew members – and the rest of their colleagues – will be able to leave.

Persons: Dali, Francis Scott Key, haven’t, “, ” Adam Levitt, Levitt, William Bennett, Grace Ocean, DALI, ”, ” Bennett, James Bredar, ” Levitt, Jerry Jackson, Jason Foster, Foster, they’re, Darrell Wilson, ” Wilson, Bro Chen Chuanyi, Gwee Guo Duan, it’s, –, CNN’s Mary Kay Mallonee, Jeff Winter Organizations: CNN, City, Court, Synergy Marine, Synergy, U.S . Coast Guard, DOJ, Coast Guard, Department of Justice, ”, Baltimore Sun, TNS, Getty, Federal, Singapore Organisation of Seamen, Singapore Maritime Officers ’ Union Locations: Baltimore, City of Baltimore, Lankan, United States, London, of Baltimore, Dali, Singapore

☆ Elon Musk sure seems to be following Donald Trump's playbook
▼ + stars: | 2024-06-13 | by ( Aditi Bharade | Jyoti Mann | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewElon Musk seems to be taking a page out of Donald Trump's playbook. This story is available exclusively to Business Insider subscribers. Musk admitted in his March interview with Don Lemon that he takes a "small amount" of ketamine every other week. Representatives for Musk didn't immediately respond to a request for comment from Business Insider, made outside normal working hours.

Persons: —, Elon, Donald Trump's playbook, Trump, Musk, David Sacks, Chamath Palihapitiya, they've, Zuck, Mark Zuckerberg, Sam Altman, There's, Don Lemon, Lemon, Musk didn't Organizations: Service, White, Business, Tesla, SpaceX, Wall Street, Trump, Reuters, Republican, OpenAI, Microsoft, Representatives Locations: San Francisco

☆ Tesla shareholders vote to reinstate Elon Musk’s $56 billion pay package
▼ + stars: | 2024-06-13 | by ( Lora Kolodny | In Lorakolodny | ) www.cnbc.com time to read: +4 min

Tesla shareholders on Thursday voted to ratify CEO Elon Musk's mammoth 2018 pay plan, five months after a judge in Delaware ordered the company to rescind the package, finding it had been improperly granted by the board. Watch Elon Musk speak at the Tesla shareholder meeting nowThe compensation package was previously worth as much as $56 billion in Tesla stock. However, during last year's meeting, Musk promised shareholders he would spend less time on the app going forward, calling the business a "short-term distraction." Regarding the Cybertruck, which hit the market in late 2023, Musk said deliveries are picking up. Musk promised Tesla would move into "limited production" of Optimus in 2025 and test out humanoid robots in its own factories next year.

Persons: Elon, Musk, Judge Kathaleen McCormick, didn't, Tesla, He's, Pony.ai, Didi, Waymo, Optimus, Cathie Wood Organizations: ., Shareholders, SpaceX, Tesla, ARK Locations: Delaware, Austin , Texas, China, Texas

☆ Short-seller Jim Chanos warns of 2021-style market mania — and says Elon Musk should get his mammoth pay package
▼ + stars: | 2024-06-13 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +1 min

Jim Chanos warned market speculation is approaching the absurd excesses of 2021. The short seller flagged the resurgence of meme stocks like GameStop and SPACs as dangerous trends. The longtime Tesla bear said the company should honor Elon Musk's mammoth compensation deal. AdvertisementJim Chanos clanged the alarm on market mania — and called for Elon Musk to receive his contested mammoth pay package. He pointed to the resurgence of meme stocks such as GameStop, special-purpose acquisition vehicles (SPACs) and the "absolutely insane valuations" of some restaurant chains.

Persons: Jim Chanos, Tesla, Elon, —, Elon Musk, we're, Chanos Organizations: GameStop, Service, Bloomberg, Business

☆ Forget Beatlemania. Taylor Swift fever is sweeping Liverpool
▼ + stars: | 2024-06-12 | by ( Anna Cooban | ) edition.cnn.com time to read: +6 min

On Thursday, it expects to welcome Taylor Swift fans heading to Anfield for the first of the superstar’s three “Eras Tour” concerts in Liverpool. Banners outside St George's Hall in Liverpool saying "Liverpool loves Taylor," seen in May 2024. Taylor Swift performs at the Scottish Gas Murrayfield Stadium on June 7, 2024, in Edinburgh, UK. A fan poses at an art installation representing Taylor Swift's "Lover" album era, in Liverpool in June 2024. People walk past an art installation representing Taylor Swift's album "The Tortured Poets Department" in Liverpool in June 2024.

Persons: Sandon, Taylor Swift, Ceri Smith, It’s, ”, Swift, Smith, Liverpool, Taylor, Phil Noble, Harry Doyle, Gareth Cattermole, Natalia Lechmanova, “, ” Taylor, deconstruct Taylor, Taylor Swift's, Peter Byrne, ’, Doyle, “ She’s, Frankie Goes, Kevin McManus, they’ve, ” McManus Organizations: London CNN, Anfield, Liverpool Football Club, CNN, Reuters, Amion Consulting, Liverpool City Council, Liverpool …, Liverpool ONE, Mastercard, Institute, Fans, Scottish Gas Murrayfield, “, Wembley, Liverpool, University of Liverpool, Cavern, National Museums Liverpool, Beatles, UNESCO, Music, Department Locations: Anfield, Liverpool, Sandon, George's, United Kingdom, English, United States, Edinburgh, London, Taylor

☆ Morale plummets inside The Washington Post as staffers express alarm over publisher’s attempts to squash story
▼ + stars: | 2024-06-07 | by ( Oliver Darcy | ) edition.cnn.com time to read: +7 min

New York CNN —Will Lewis is quickly losing the confidence of his newsroom. At The Post, according to more than a half-dozen staffers who spoke with CNN Thursday, morale has fallen off a cliff since Lewis abruptly ousted Executive Editor Sally Buzbee on Sunday. Lewis’ uncouth dispatching of Buzbee poisoned much of the goodwill he had earned with his employees over the preceding six months. Indeed, the day after he announced Buzbee’s exit, staffers pressed him in a town hall about the circumstances that led to her departure. Will Lewis, the publisher of The Washington Post, finds himself embroiled in a scandal affecting the newsroom itself.

Persons: Will Lewis, —, Lewis, Sally Buzbee, “ It’s, Lewis ’, Buzbee, Matt Murray, Robert Winnett, Rupert Murdoch’s, Prince Harry, Carlotta Cardana, David Folkenlik, Lewis “, heatedly —, Folkenflik, ” Folkenflik, Puck’s Dylan Byers, Byers, Sarah Ellison, Elahe Izadi, ” Lewis, “, Ellison, Izadi, Jeff Bezos, “ He’s, ”, don’t Organizations: New York CNN, The Washington Post, CNN, Wall Street, Fleet Street, News Corporation, The New York Times, Bloomberg, Getty, NPR, “, Columbia Journalism School Locations: New York, —, Washington

☆ SpaceX launches fourth Starship test flight
▼ + stars: | 2024-06-06 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +3 min

SpaceX launched a fourth test flight of its Starship rocket on Thursday, as the company looks to push development of the mammoth vehicle past new milestones. Cheney Orr | ReutersSpaceX has flown the full Starship rocket system on three spaceflight tests previously, with launches in April 2023, November and March. Each of the test flights have achieved more milestones than the last, but each result destroyed the rocket before the flight's end. SpaceX will be looking to surpass the third test flight's milestones. "The primary objectives will be executing a landing burn and soft splashdown in the Gulf of Mexico with the Super Heavy booster, and achieving a controlled entry of Starship," SpaceX wrote.

Persons: Elon, SpaceX's, Cheney Orr, we've, Joe Skipper, it's Organizations: SpaceX, Elon Musk's, Boca Chica, Reuters SpaceX, NASA, Reuters, Super Locations: Boca Chica , Texas, Gulf of Mexico, Brownsville , Texas, U.S, Gulf, Mexico

Search resuls for: "Mammoth"

25 mentions found