DIRS.INFO The most relevant business & tech news

☆ I visited the ExploreAI summit in Singapore. Here's how AI is helping businesses solve real-world problems.
▼ + stars: | 2024-03-14 | by ( Sponsor Post | ) www.businessinsider.com time to read: +7 min

I attended the ExploreAI summit on January 29, which marked the successful conclusion of the AI Trailblazers initiative. Minister Josephine revealed AI Trailblazers 2.0 to advance Singapore's National AI Strategy 2.0 and deepen AI use across Singapore. The event marked the successful conclusion of the AI Trailblazers initiative — an effort to help Singapore-based organizations develop 100 generative AI (GenAI) solutions over 100 days. Minister Teo announced plans to build on the success of the first AI Trailblazers program with AI Trailblazers 2.0. This collaboration between AI Trailblazers and Google exemplifies Singapore's dedication to using AI for the betterment of everyone, from residents to businesses.

Persons: Josephine, Kris LeBoutillier, he's, I'm, Mark Micallef, John Ang, Temus, Ang, Tan, Keow, —, Long Yin, What's, Josephine Teo, Teo Organizations: Google Asia Pacific, Singapore's Ministry of Communications, Information, MCI, Digital Industry Singapore, Smart Nation Group, Enterprise Singapore, Google, Southeast, of Information Technology, Nanyang Polytechnic, People's Association, AI, Ministry of Communications, Insider Studios, Singapore Economic Development Board Locations: Singapore, Asia, ExploreAI, Southeast Asia, Temus

☆ Putin said Trump wasn't happy with him in 2020 because he thought the Russian leader wanted 'Sleepy Joe to win'
▼ + stars: | 2024-03-14 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

Vladimir Putin said Donald Trump was upset in 2020 because he thought Putin wanted Joe Biden to win. Last month, Putin expressed his preference for a second Biden term over a Donald Trump win in 2024. AdvertisementRussian leader Vladimir Putin said former President Donald Trump was upset with him in 2020 over his supposed preference for President Joe Biden in that year's election. "President Putin of Russia has just given me a great compliment, actually," Trump told rallygoers in South Carolina last month, per ABC News. He wants Biden because he's going to be given everything he wants, including Ukraine," Trump said then.

Persons: Vladimir Putin, Donald Trump, Putin, Joe Biden, Trump, Joe, —, Biden, he'd, he's, rallygoers, Putin's Organizations: Biden, Service, Trump, GOP, ABC, Business, Republicans Locations: Russia, South Carolina, Ukraine, America

☆ Trump will win the 2024 election if it's held now, says GOP mega-donor Ken Griffin
▼ + stars: | 2024-03-14 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +1 min

Donald Trump will win the 2024 election if it's held now, says Citadel founder Ken Griffin. He now says that a Trump term "is good for our capital markets." download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementKen Griffin might have once criticized former President Donald Trump's bid for the White House, but the Citadel founder and CEO says he's confident Trump will beat President Joe Biden at the polls. "I think for investors, overall, a Trump Administration is good for our capital markets," Griffin told Eisen, but stopped short of endorsing Trump.

Persons: Donald Trump, it's, Ken Griffin, Nikki Haley, —, Donald Trump's, Joe Biden, Griffin, CNBC's Sara Eisen, Eisen, Trump Organizations: Citadel, GOP, Service, White, Trump, Trump Administration

☆ Morningstar: Property, debt and geopolitical risk will limit Chinese equity market gains
▼ + stars: | 2024-03-14 | 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 EmailMorningstar: Property, debt and geopolitical risk will limit Chinese equity market gainsLorraine Tan of Morningstar says attractive valuations of Chinese stocks is holding up the equity market, but there will be "limits to the appreciation" if a floor in investor confidence is not established.

Persons: Lorraine Tan, Morningstar Organizations: Morningstar

☆ A factory in Japan is ramping up measures to avoid animals sneaking in after a cat fell in a toxic vat and went on the loose
▼ + stars: | 2024-03-14 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +3 min

A cat snuck into a factory in Fukuyama, Japan, and fell into a toxic vat before escaping. AdvertisementOfficials in Fukuyama, Japan, put the city on alert after a cat snuck into a metal plating factory and fell into a toxic vat before then escaping. The factory, Nomura Plating, now plans to ramp up security measures to prevent animals from causing problems in the future. AdvertisementA spokesperson told AFP that it immediately alerted police, city officials, and neighboring buildings. In turn, the city's environmental division warned residents of the potential health risks, urging them to keep their distance if they spotted the toxic cat.

Persons: — Organizations: Service, Nomura, Asahi Shimbun, UK Health Security Agency, Agence France, Press, Business, AFP, Agency, Toxic Substances, Japan's Nippon TV Locations: Fukuyama, Japan

☆ China's property crisis could get even uglier. This time, a state-backed developer is the one raising concerns.
▼ + stars: | 2024-03-13 | by ( Huileng Tan | ) www.businessinsider.com time to read: +1 min

China's years-long property crisis could get worse. There are concerns over Vanke amid reports the state-backed property developer was seeking debt maturity extensions. AdvertisementChina's years-long real-estate debt crisis has already taken down property giant Evergrande, which is undergoing liquidation. But China's property crisis could still get worse. This story is available exclusively to Business Insider subscribers.

Persons: —, that's, Charlene Chu Organizations: Service, Autonomous Research, Bloomberg, Business Locations: China

☆ Bank of Japan may exit its negative rate policy next week. Here's what you need to know
▼ + stars: | 2024-03-13 | by ( Clement Tan | In Clemtan | ) www.cnbc.com time to read: +3 min

Speculation is swirling that the Bank of Japan may move to exit the world's last negative rate policy as early as next week, when policymakers gather for their March meeting. "We continue to expect that the BOJ will terminate NIRP in April," Goldman Sachs economists led by Tomohiro Ota wrote in a Tuesday note, referring to the negative interest rate policy. "While a March rate hike cannot be ruled out, we believe that the BOJ's communications at this juncture are not clear enough to justify assuming the March hike as the base case scenario." "The Bank of Japan has no right to keep monetary policy where [they are now]. The economy is not in any shape or form to have that ultra-loose monetary policy and quantitative easing, which we have been calling a major policy error," Amir Anvarzadeh, a market strategist at Asymmetric Advisors, told CNBC Tuesday.

Persons: Goldman Sachs, Tomohiro Ota, Kazuo Ueda, Amir Anvarzadeh Organizations: Bank of Japan, Asymmetric Advisors, CNBC Locations: NIRP, Japan

☆ Sell Nvidia or stick with it? Here's what investors say
▼ + stars: | 2024-03-13 | by ( Weizhen Tan | ) www.cnbc.com time to read: +6 min

Here's what those who currently hold Nvidia shares are doing — or planning to do — with their positions. Sell at least some Some are saying it's time to sell or that they have already sold part of their Nvidia shares. Paul Gambles, managing partner of MBMG Family Office Group, told CNBC Pro on Monday that he'd sell Nvidia right now. Stick with it Louis Navellier of Navellier and Associates is still fairly bullish, and says it's definitely not time to sell any Nvidia shares yet. After Nvidia's selloff, he reiterated his position, saying he has no plans to sell Nvidia.

Persons: it's, Vahan Janjigian, CNBC's, Paul Gambles, Gambles, NVDA, Jordan Cvetanovski, Cvetanovski, I'm, we've, Craig Johnson, Piper Sandler, Louis Navellier, Nvidia's selloff Organizations: Nvidia, Greenwich Wealth Management, Trust, VanEck Semiconductor, Family, CNBC Pro, Sydney, Pella Funds Management, Navellier Locations: Pella, NVDA

☆ Sell Nvidia or stick with it? Here's what experts say
▼ + stars: | 2024-03-13 | by ( Weizhen Tan | ) www.cnbc.com time to read: +6 min

Here's what those who currently hold Nvidia shares are doing — or planning to do — with their positions. Sell at least some Some are saying it's time to sell or that they have already sold part of their Nvidia shares. Vahan Janjigian, chief investment officer at U.S.-based Greenwich Wealth Management, says he had a "big position" in Nvidia until recently. Paul Gambles, managing partner of MBMG Family Office Group, told CNBC Pro on Monday that he'd sell Nvidia right now. Stick with it Louis Navellier of Navellier and Associates is still fairly bullish, and says it's definitely not time to sell any Nvidia shares yet.

Persons: it's, Vahan Janjigian, CNBC's, Paul Gambles, Gambles, NVDA, Jordan Cvetanovski, Cvetanovski, I'm, we've, Craig Johnson, Piper Sandler, Louis Navellier Organizations: Nvidia, Greenwich Wealth Management, Trust, VanEck Semiconductor, Family, CNBC Pro, Sydney, Pella Funds Management, Navellier Locations: Pella

☆ There's a point to this terrifying fox costume — it helps save fox kits' lives
▼ + stars: | 2024-03-13 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +2 min

Read previewA staff member at a wildlife center in Richmond, Virginia, had to put on an unconventional get-up while caring for an orphaned baby fox. On Tuesday morning, the Richmond Wildlife Center posted a Facebook video of a staff member feeding a kit while wearing a furry fox mask. In the video, the kit rests on a fox stuffed toy while the staff member feeds it with a syringe. The wildlife center told the AP that the fox kit will soon be transferred to the Animal Education and Rescue Organization, where it will eventually be released back into the wild. This isn't the first time wildlife staff have had to mimic the appearances of the animals in their charge.

Persons: —, Melissa Stanley, Stanley Organizations: Service, Richmond Wildlife Center, Business, Associated Press, AP, Animal Education, Rescue Organization, Biologists Locations: Richmond , Virginia, Wisconsin, China

☆ John Oliver can't look away from the 'Katespiracy' either
▼ + stars: | 2024-03-13 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

John Oliver is getting swept up in the "Katespiracy" too. Oliver said he didn't care about where Kate Middleton had gone until he saw the doctored photo of her. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementIt's not just the internet — the "Katespiracy" has John Oliver in its clutches, too. The bizarre turn of events was puzzling for Oliver and Cohen, with the latter expressing his bemusement at Kate's apology.

Persons: John Oliver, Oliver, Kate Middleton, —, It's, we've, Andy Cohen, Kate, Kensington, Wales, Cohen, Oliver hasn't, Queen Elizabeth II, Kate's, Prince William Organizations: Service, Associated Press, Reuters, Agence France, BI Locations: British

☆ Russian defectors fighting for Ukraine are attacking their motherland and rolling across the border in tanks: reports
▼ + stars: | 2024-03-13 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

Paramilitary groups comprising Russian defectors attacked their own country on Tuesday. One group, the Freedom of Russia Legion said they were there to liberate their countrymen. AdvertisementArmed groups of Russian defectors attacked their homeland on Tuesday ahead of the upcoming Russian presidential elections. "We are not coming to kill, erase, or punish," the Freedom of Russia Legion said in a video statement, per the Kyiv Post. AdvertisementIn December, the Freedom of Russia legion claimed responsibility for an attack near Terebreno village, in Belgorod.

Persons: —, Vladimir Putin, Putin, Andriy Yusov, Yusov, weren't Organizations: of Russia Legion, Service, Siberian Battalion, Kremlin, of Russia, Ukraine's, Russian Volunteer Corps, Russian Federation, TASS, Russian Locations: Russia's, Kyiv, Ukraine, Belgorod, Russia, Terebreno

Listen and follow The DailyApple Podcasts | Spotify | Amazon MusicIn 2020, motivated to try a different way to combat drug use, Oregon voted to decriminalize the possession of small amounts of hard drugs including fentanyl, heroin and methamphetamine. Things didn’t turn out as planned. Mike Baker, a national reporter for The Times, explains what went wrong.

Persons: Mike Baker Organizations: Spotify, The Times Locations: Oregon

☆ Jamie Dimon says the Fed should wait on the rate cuts as its credibility is 'a bit at stake'
▼ + stars: | 2024-03-12 | by ( Huileng Tan | ) www.businessinsider.com time to read: +2 min

JP Morgan Chase CEO Jamie Dimon said the US Federal Reserve should delay cutting interest rates until the second half of the year. He said the Fed should wait for more data before cutting rates. Despite the market's optimism for a soft landing, Dimon says there's a 65% chance of a recession in the next two years. AdvertisementThe US Federal Reserve should wait until the second half of the year before cutting interest rates, JP Morgan Chase CEO Jamie Dimon said on Tuesday. So, the market is pricing in a 70% to 80% chance of a soft landing.

Persons: Morgan Chase, Jamie Dimon, there's, —, JP Morgan Chase, “, Dimon, ” Organizations: US, Reserve, Service, Federal, Australian Financial, Business

☆ Check out the hilariously low-effort website for the Musk Foundation, where billions of Elon Musk's philanthropy money goes
▼ + stars: | 2024-03-12 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +1 min

Elon Musk's charity platform, the Musk Foundation, has come under some scrutiny from The New York Times. Set up in 2002, the foundation's website has a very plain looking design that is devoid of graphics. In 2002, the billionaire started his charity platform, the Musk Foundation, with his brother, Kimbal. But its website appears to be fairly sparse for an organization endowed with billions of dollars from Musk's fortune. This story is available exclusively to Business Insider subscribers.

Persons: Elon, —, Kimbal, Musk Organizations: Musk Foundation, New York Times, The Times, Service, Business

☆ China's propaganda actors may go rogue and try to influence the 2024 election, US intelligence says
▼ + stars: | 2024-03-12 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +1 min

China could attempt to influence the 2024 elections, says a new US intelligence report. This is because of China's desire to "magnify US societal divisions," the report said. The report added that China may not be able to reign in influence operations even if they want to. AdvertisementChina may try to influence the 2024 elections, and some propaganda actors might go rogue and operate outside Beijing's control, according to a newly released threat assessment by the US intelligence community. According to the annual threat assessment report, China's desire "to sideline critics of China and magnify US societal divisions" could spur it to meddle with this year's elections.

Persons: — Organizations: Service Locations: China

☆ China's propaganda actors may go rogue and try to influence the 2024 elections, US intelligence says
▼ + stars: | 2024-03-12 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

China could attempt to influence the 2024 elections, says a new US intelligence report. The report added that China may not be able to reign in influence operations even if they want to. AdvertisementChina may try to influence the 2024 elections, and some propaganda actors might go rogue and operate outside Beijing's control, according to a newly released threat assessment by the US intelligence community. China's propaganda arm, the report said, had used TikTok accounts to target candidates from the GOP and Democratic Parties during last year's midterm elections. It added that China's propaganda actors "increased their capabilities to conduct covert influence operations and disseminate information."

Persons: —, Xi Jinping, Xi, Joe Biden, Biden, Wang Wenbin Organizations: Service, GOP, Democratic, Economic Cooperation, CNN, Business Locations: China, Beijing, Asia, Australia, New Zealand, Canada, United States

☆ Lauren Boebert says she's dropped her restraining order against her ex-husband Jayson, who she once accused of attacking her teen son and threatening to hurt her
▼ + stars: | 2024-03-12 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +1 min

Rep. Lauren Boebert says she is dropping her restraining order against her ex-husband, Jayson. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementRep. Lauren Boebert said on Monday that she's dropping her restraining order against her ex-husband, Jayson. Last month, Boebert was granted a temporary restraining order after she accused her ex of attacking their teenage son Tyler during a fight on January 9 and threatening to harm her several times.

Persons: Lauren Boebert, Jayson, Boebert, —, Tyler Organizations: Service

☆ The Princess of Wales is in the spotlight — for not being in the spotlight
▼ + stars: | 2024-03-12 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. In today's big story, we're looking at the curious case of Kate Middleton's edited photo that's got the internet buzzing. The big storyPrincess problemsChris Jackson/Getty Images; Ian Vogler - WPA Pool/Getty Images; Chelsea Jia Feng/BIA picture is worth a thousand words. AdvertisementBut this time around, it's the Princess of Wales in the spotlight… for not being in the spotlight. She explained away the issue by saying she does "occasionally experiment with editing," but plenty of people weren't buying it .

Persons: —, we've, Kate Middleton's, that's, Chris Jackson, Ian Vogler, Chelsea Jia Feng, hasn't, Prince Andrew , Duke, York, Prince Harry, Meghan Markle, Duke, Duchess of Sussex, Wales, Kate, Insider's Kwan Wei Kevin Tan, Mikhaila Friel, Kensington, Kensington Palance, Patrick Witty's, Patrick, Kate Middleton, King Charles, Mikhaila, Easter, Katie Notopoulos, BI's Hasan Chowdhury, Beatrice Nolan, Chris Gash, Stephanie Pomboy, Max, Aravind Srinivas, Nvidia's, Artur Debat, Eric Boyd, Joe Biden, Dan DeFrancesco, Hallam Bullock, Jordan Parker Erb, George Glover Organizations: Service, Business, Royals, JPMorgan, Anadolu, Apple, Meta, New York Times, Tesla, Microsoft, OpenAI, International Brotherhood of Teamsters Locations: London, Kensington, British, China, Georgia , Mississippi, Washington, New York

☆ Beijing says property developers in deep trouble must go bankrupt
▼ + stars: | 2024-03-11 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

China's housing minister, Ni Hong, said real-estate developers in serious trouble should be bankrupted and restructured. Analysts suggest Beijing's priority is to ensure delivery of property projects, not to save developers. AdvertisementChina's housing minister said Beijing will not be bailing out the country's distressed property developers. China's real-estate debt crisis has already taken down property giant Evergrande, which is currently undergoing liquidation. "We view the tone on the property sector set at the 'Two Sessions' as negative," they added, referring to China's parliamentary sessions.

Persons: Ni Hong, —, Xi, Li Qiang's, Ni, Jizhou Dong, Riley Jin Organizations: Service, Authorities, Nomura Locations: China, Beijing, Hong Kong

☆ India inks 'watershed' $100 billion free trade deal with four non-EU nations
▼ + stars: | 2024-03-11 | by ( Clement Tan | In Clemtan | ) www.cnbc.com time to read: +1 min

India flag, stock market, exchange economy and Trade, oil production, container ship in export and import business and logistics. India will lift most tariffs on four nations in Europe in a "watershed" deal that is expected to yield $100 billion worth of investment over 15 years and one billion jobs for the world's fifth-largest economy. The trade deal with European Free Trade Association nations, not part of the EU, was inked ahead of the country's general elections due in the next few months that may give Prime Minister Narendra Modi a third-straight term in office. This "marks a new turn and watershed moment in the bilateral relationship between India and [European Free Trade Association] countries of Switzerland, Iceland, Norway and Liechtenstein," India Prime Minister Narendra Modi said in comments shared on X, formerly Twitter. India expects this free trade agreement to stimulate its key exports in IT services, business services, audio-visual services among others, said Commerce and Industry Minister Piyush Goyal.

Persons: Narendra Modi, Piyush Goyal Organizations: European Free Trade Association, Free Trade Association, Twitter, Commerce, Industry Locations: India, Europe, Great Britain, Switzerland, Iceland, Norway, Liechtenstein

☆ Japan averts technical recession as revised fourth-quarter data shows economy grew 0.4%
▼ + stars: | 2024-03-11 | by ( Clement Tan | In Clemtan | ) www.cnbc.com time to read: +1 min

Japan averted a technical recession as revised official data on Monday showed the economy returned to growth in the the October-December period last year. Japan's gross domestic product expanded 0.4% in the fourth quarter compared with a year earlier. Provisional data last month had showed GDP contracting 0.4%. The Japanese economy also expanded 0.1% in the fourth quarter from the previous three months, compared with the provisional data that showed a 0.1% contraction. The economy had shrunk 0.8% in the third quarter from the previous three months.

Persons: Kazuo Ueda Organizations: Provisional, Bank of Japan, Ministry of Finance, Reuters, Bank of Locations: Japan, Bank of Japan

☆ Wow, Elon Musk really hates the Oscars
▼ + stars: | 2024-03-11 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +1 min

"Winning an Oscar now just means you won the woke contest," Musk said on Sunday. Musk said the awards have been "diluted" and "no longer commands respect." "Winning an Oscar now just means you won the woke contest," Musk wrote on X on Sunday, as this year's award ceremony began. "When an award is diluted, everyone knows, including those who received it, and it no longer commands respect," he said in a subsequent post. Musk did not specify what exactly he thought was "woke" about this year's Oscar-nominated films, which include Greta Gerwig's "Barbie" and Christopher Nolan's "Oppenheimer."

Persons: Elon, Musk, —, Oscar, Greta Gerwig's, Christopher Nolan's, Oppenheimer Organizations: Academy, Service

☆ Trump just couldn't resist spending his Sunday night hate posting about the 'really bad politically correct' Oscars
▼ + stars: | 2024-03-11 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

"A really bad politically correct show tonight," Trump said in a Truth Social post. "A really bad politically correct show tonight, and for years — Disjointed, boring, and very unfair," Trump said of the Oscars in a Truth Social post on Sunday. Besides dunking on the awards, Trump also took pot shots at this year's host, Jimmy Kimmel. "Thank you President Trump. ALSO, BRING BACK A GREAT HOST," Trump said.

Persons: Donald Trump, Trump, —, Donald Trump didn't, dunking, Jimmy Kimmel, Kimmel, didn't, I'm, Jimmy Kimmel's, Billionaire Elon Musk, Musk Organizations: Service, Trump, THE ACADEMY, Sunday, Business Insider

☆ Watch CNBC's full interview with Y Combinator CEO Garry Tan
▼ + stars: | 2024-03-11 | 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 EmailWatch CNBC's full interview with Y Combinator CEO Garry TanGarry Tan, Y Combinator CEO, joins 'Closing Bell Overtime' to talk the collapse of SIlicon Valley Bank one year later, the OpenAI board situation, Reddit's IPO and more.

Persons: Y, Garry Tan Garry Tan

Search resuls for: "TAN"

25 mentions found