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At issue is RISC-V, pronounced "risk five," an open-source technology that competes with costly proprietary technology from British semiconductor and software design company Arm Holdings (O9Ty.F). RISC-V can be used as a key ingredient for anything from a smartphone chip to advanced processors for artificial intelligence. The RISC-V technology came from labs at the University of California, Berkeley, and later benefited from funding by the Pentagon's Defense Advanced Research Projects Agency (DARPA). Its executives said in August they believe RISC-V will speed up chip innovation and transform the tech industry. Jack Kang, vice president of business development at SiFive, a Santa Clara, California-based startup using RISC-V, said potential U.S. government restrictions on American companies regarding RISC-V would be a "tremendous tragedy."

Persons: Florence Lo, Joe Biden's, Marco Rubio, Mark Warner, Mike Gallagher, Biden, Michael McCaul, McCaul, " Rubio, Warner, Jack Kang, Kang, Kevin Wolf, Akin Gump, Barack Obama, Wolf, Max A, Cherney, Stephen Nellis, Will Dunham, Kenneth Li Organizations: REUTERS, U.S ., Arm Holdings, Republican, Democratic, Reuters, Commerce Department, People's, CCP, Chinese Communist Party, House Foreign Affairs, of Industry, Security, Commerce, University of California, Pentagon's Defense, Research Projects Agency, DARPA, HUAWEI, Huawei Technologies, Qualcomm, Google, Thomson Locations: China, U.S, Beijing, People's Republic of China, Communist China, Swiss, Berkeley, United States, SiFive, Santa Clara , California, San Francisco

☆ Congressional U.S.-China Commissioner Warns of Global Tech Supply Chain Risk
▼ + stars: | 2023-10-05 | by ( Belle Lin | Steven Rosenbush | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones

☆ Inside the consulting industry's race to become AI rainmakers
▼ + stars: | 2023-10-04 | by ( Tim Paradis | ) www.businessinsider.com time to read: +9 min

Big consulting companies are racing to add to their offerings around artificial intelligence. That's the bet consulting companies have been making as they rush to build out their generative AI offerings. To help companies figure out how to use AI, the consulting giants are racing to scoop up companies that specialize in the technology. Consulting firms' push to bulk up on AI comes as many workers are worried that AI bots will snatch their jobs . That same month, Deloitte introduced a set of services called Quartz AI to help clients use technology like GenAI.

Persons: —, they're, OpenAI's ChatGPT, They're, Sawhney, ChatGPT, Steve Chase, he's, Chase, EY EY, EY, PwC PwC, PwC, Shannon Schuyler, Bain, BCG Organizations: Service, Accenture, McKinsey, PriceWaterhouseCoopers, Northwestern University's Kellogg School of Management, Deloitte, LinkedIn, Fortune, KPMG, Microsoft, KPMG US, Bain Bain & Company, Boston Consulting, OpenAI, Deloitte Deloitte, Nvidia, QuantumBlack, QuantumBlack Labs Locations: Mexico

☆ AI will help the US maintain its economic dominance over China, strategists say
▼ + stars: | 2023-09-30 | by ( George Glover | ) www.businessinsider.com time to read: +3 min

No country is better positioned to benefit from the technology's rise, Capital Economics said. 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 . AdvertisementAdvertisementArtificial intelligence could transform the global economy – and it's the US that's best placed to benefit, according to Capital Economics. AdvertisementAdvertisement"AI is likely to help the US economy sustain its primacy over China in terms of GDP measured at market exchange rates," the strategists wrote.

Persons: —, Mark Williams, Williams Organizations: Capital Economics, Service, Country Locations: Singapore, Asia, Capital Economics China, China

☆ Take Five: Roll on Q4!
▼ + stars: | 2023-09-29 | by ( ) www.reuters.com time to read: +5 min

A possible shutdown would be further evidence of how political polarization in Washington is weakening fiscal policymaking, Moody's says. Economists polled by Reuters expect the U.S. economy created 150,000 jobs in September versus 187,000 in August. 2/ NEW CHIEF IN TOWNThe Reserve Bank of Australia's new governor Michele Bullock, the first woman to head the bank, chairs her first meeting on Tuesday. Meanwhile, New Zealand's Reserve Bank meets on Wednesday. With the cost of living a key election battleground, the drastic cut brings relief to those struggling with mortgage repayments.

Persons: Andrew Kelly, Ira Iosebashvili, Kevin Buckland, Harry Robertson, Karin Strohecker, Marc Jones, Joe Biden, Moody's, Michele Bullock, Bullock, Adam Glapinski, Dhara Ranasinghe, Sonali Paul Organizations: REUTERS, ., China, Democratic, Reuters, Reserve Bank of, New, Reserve Bank, Reuters Graphics Reuters, Equity, Treasury, Reserve, ING reckons, Thomson Locations: Manhattan , New York City, U.S, there's, Australia, Poland, Ira, New York, Tokyo, London, Washington, China, Beijing, Poland's

A digital artwork by Chinese artist Snow Fish. The controversy has fueled online protests on the Chinese internet against the creation and use of AI-generated images, with several other artists claiming their works had been similarly used without their knowledge. Hundreds of artists have posted banners on Xiaohongshu saying “No to AI-generated images,” while a related hashtag has been viewed more than 35 million times on the Chinese Twitter-like platform Weibo. Besides Trik AI, Xiaohongshu has also developed a new function called “Ci Ke” which allows users to post content using AI-generated images. Snow Fish added that these complaints had been slowly growing within the artist community but had mostly been privately shared rather than openly protested.

Persons: Snow Fish, Fish, Bard, ERNIE Bot, SenseTime’s, Xiaohongshu, Snow, “, ”, Zhang, ’ Organizations: Hong Kong CNN — Artists, CNN, Xiaohongshu, City University of Hong, European, Capitol Hill Locations: China, Hong Kong, Weibo, United States, City University of Hong Kong, London, California

☆ India's top 20 start-ups to work for, according to LinkedIn — most are new on the list
▼ + stars: | 2023-09-28 | by ( Goh Chiew Tong | ) www.cnbc.com time to read: 1 min

The days of easy money are over as entrepreneurs face a funding winter amid a slowing global economy — and start-ups in India are not exempt. According to a local report, venture funding came in at $2.19 billion from January to March, dropping from the $11.34 billion invested in the same quarter last year. However, there are sectors that have "demonstrated resilience amid challenging times," said Pooja Chhabria, LinkedIn APAC's head of editorial. "Fintech remains a bright spot for investors despite the downturn, especially as we see funding on the recovery path and global tech giants eyeing fintech in India," she added. "The rise of edtech also underscores the continued demand for upskilling among professionals and students, especially with rapid changes due to technologies such as AI."

Persons: Pooja Chhabria, edtech Locations: India

☆ Elon Musk's X is being used as a key 'weapon of mass manipulation' for Russian disinformation, the EU says, and warns it is 'watching' the social network
▼ + stars: | 2023-09-27 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

An EU report found X has the highest proportion of Russian disinformation of any major social network. AdvertisementAdvertisementThe EU has warned that X, the social media company owned by Elon Musk, must clamp down on disinformation, after a study found that Russian propaganda was proliferating on the site. A report from the European Commission found that X, formerly Twitter, had the highest proportion of Russian disinformation of any of the major social media platforms, as Musk continues to overhaul the social network's anti-disinformation policies. The report examined 6,000 posts from Spain, Slovakia, and Poland made across a number of social media platforms. Posting on X, the company's Global Government Affairs team said that X was committed to complying with the Digital Services Act.

Persons: —, Elon Musk, Musk, Vera Jourova, Mr Musk, Jourova, X Organizations: Service, Elon, Commission, Twitter, Bloomberg, European, BBC, EU, Google, Meta, Microsoft, Digital Services, company's Global Government Affairs Locations: EU, Spain, Slovakia, Poland, Ukraine

Jefferies analysts wrote in a note the Federal Reserve putting the brakes on interest rate hikes has given acquirers more certainty around their funding costs, helping dealmaking. Cisco's deal valued Splunk at 7 times projected 12-month revenue, according to Jefferies. "We note that the typical security company with 20% growth trades at about 7 times (sales)," BTIG analysts wrote in a note last week. Private software companies may also be more receptive to takeovers. "A tidal wave of software M&A (is) on the horizon," Wedbush analysts wrote in a note last week.

Persons: Chuck Robbins, David Chen, Morgan Stanley, Chen, Jefferies, Keith Skirbe, Houlihan Lokey's, Milana Vinn, Anirban Sen, Anna Driver Organizations: Cisco Systems, Cisco, Crowdstrike Holdings, Microsoft, Adobe, Oracle, Francisco Partners, TPG Inc, Federal Reserve, IBM, Reuters Graphics Reuters, Jefferies, Thomson Locations: New York

☆ How companies are embracing generative AI...or not
▼ + stars: | 2023-09-22 | by ( Jennifer Korn | ) edition.cnn.com time to read: +9 min

New York CNN —Companies are struggling to deal with the rapid rise of generative AI, with some rushing to embrace the technology as workflow tools for employees while others shun it – at least for now. Some companies are enacting internal bans on generative AI tools as they work to better understand the technology, and others have already begun to introduce the trendy tech to employees in their own ways. Among media companies that produce news, Insider editor-in-chief Nicholas Carlson has encouraged reporters to find ways to use AI in the newsroom. Of the companies currently banning ChatGPT, some are discussing future usage once security concerns are addressed. “I don’t think it’s that companies are against AI and against machine learning, per se.

Persons: JPMorgan Chase, Northrup, it’s, Mark McCreary, Fox Rothschild, McCreary, “, ” Jonathan Gillham, Nicholas Carlson, ”, ChatGPT, Larry Feinsmith, ” Northrop Grumman, “ They’re, they’re, ” Vern Glaser, Cheryl Ainoa, Donna Morris, PwC, “ Lilli ”, Lilli, Jacky Wright, EY.ai, OpenAI, ” Glaser Organizations: New, New York CNN — Companies, JPMorgan, Northrup Grumman, Apple, Verizon, Spotify, Accenture, Fox, Fox Rothschild LLP, CNN, “ Companies, Gannett, The Columbus Dispatch, UBS, JPMorgan Chase, Wall Street Journal, Entrepreneurship, Enterprise, University of Alberta, Walmart, Emerging Technologies, Consulting, McKinsey, PwC, ChatGPT, Fortune, ChatGPT Enterprise, Microsoft, Bing Locations: New York, ChatGPT, America

REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsBRUSSELS/STOCKHOLM, Sept 21 (Reuters) - European Union lawmaker Brando Benifei, who is leading negotiations on artificial intelligence rules, on Thursday urged EU countries to compromise in key areas in order to reach agreement with the bloc's executive by the end of the year. The thorniest issues are biometric surveillance and copyrighted material used by ChatGPT and other generative AI. Lawmakers want a ban on AI use in biometric surveillance but EU countries led by France want exceptions for national security, defence and military purposes. Lawmakers also want AI legislation to cover copyrighted material used by companies like OpenAI, backed by Microsoft Corp (MSFT.O), while EU countries say the bloc's current copyright rules offer sufficient protection. Copyright should be dealt with in the copyright law," she told Reuters, chiming with EU countries on the second matter.

Persons: Dado Ruvic, Brando Benifei, Benifei, Alexandra van Huffelen, Svenja Hahn, Guillaume Couneson, Linklaters, Foo Yun Chee, Martin Coulter, Kirsten Donovan Organizations: REUTERS, Union, European Commission, Microsoft Corp, Reuters, UN, Assembly, Global Tech Sector, Thomson Locations: BRUSSELS, STOCKHOLM, France, Europe, New York, Spain, London

The Viking Star cruise ship is moored at Greenwich with the City of London financial district in the distance, in London, Britain, August 29, 2023. It is absolutely the time for action over words," Alasdair Haynes, CEO of Aquis Exchange, a share trading platform, and chair of financial industry body TheCityUK's Business Council, told Reuters. The main problem for trade bodies is the vast scope of Britain's financial services industry, with each sub-sector and TheCityUK presenting their own reform priorities and ideas, often overlapping. In the meantime, top financial sector executives running global teams of bankers and traders are increasingly bewildered by Britain's inability to make faster progress on a matter of such economic significance. ELECTION LOOMINGSome senior financial industry sources say politics may hamper the City's reform agenda even further, with a general election expected next year.

Persons: Kevin Coombs, Alasdair Haynes, Jeremy Hunt, Nicholas Lyons, TheCityUK, ” Samuel Gregg, Richard Gardner, Huw Jones, Sinead Cruise, Hugh Lawson Organizations: Viking, City, REUTERS, London’s, Mayor, European Union, Aquis, Business, Reuters, Finance, stoke, of, Arm Holdings, Labour, Conservative, American Institute for Economic Research, Investment Funds Association, EU, Thomson Locations: Greenwich, London, Britain, Europe, Asia, United States, Edinburgh, of London, New York, Amsterdam, City, France

☆ Morgan Stanley loves these 4 tech stocks which provide parts for Tesla's supercomputer
▼ + stars: | 2023-09-15 | by ( Amala Balakrishner | ) www.cnbc.com time to read: +3 min

Morgan Stanley has revealed a list of global stocks it likes, with four of them providing parts for Tesla 's supercomputer system. Morgan Stanley says its list of tech stocks are "well-positioned for US hyperscalers' acceleration of custom chip design," especially since custom chips are expected to outgrow the AI graphics processing units in the long term. Powering Tesla's Dojo In its research note, Morgan Stanley pointed out that Taiwan Semiconductor Manufacturing Company is the wafer foundry vendor for Tesla's Dojo 1 (D1) and Dojo 2 (D2). Morgan Stanley raised their price target on AIchip to 2,880 Taiwanese dollars, a 14% upside from its Sept. 12 price. They have priced the stock at 95,000 Korean won ($71.45), giving it a 35% upside from its Sept. 12 price.

Persons: Morgan Stanley, Tesla, Morgan Stanley's, — CNBC's Michael Bloom Organizations: Tesla's, Taiwan Semiconductor Manufacturing Company, Samsung, Nvidia, NVIDIA Locations: Korean, HBM

☆ Arm IPO: China is huge for the SoftBank-owned company. That's a risk for its new investors
▼ + stars: | 2023-09-14 | by ( Michelle Toh | ) edition.cnn.com time to read: +6 min

Arm China is “an entity that operates independently of us and is our single largest customer,” the company said in its prospectus. A complex relationshipIn its filing, Arm said it held just a “4.8% indirect ownership interest in Arm China,” through a 10% non-voting stake in a SoftBank-controlled entity that owns less than half of the Chinese company. Arm has had trouble with Arm China before. Arm China has also been subject to a legal battle with its former CEO, Allen Wu. As of August, the cases had been resolved in favor of Arm China, it said, but the outcome could still be appealed.

Persons: SoftBank, Arm, ” Kirk Boodry, Japan’s SoftBank, Masayoshi Son, David Paul Morris, ”, Kyle Stanford, ” Stanford, Jay Clayton, Ivana Delevska, Spear, …, Allen Wu, Wu, hasn’t, Delevska Organizations: Hong Kong CNN —, Vision Fund, CNN, Nvidia, Bloomberg, Getty, US Securities and Exchange, Spear Invest, “, Arm, Companies, Apple, Google, AMD, Samsung Locations: Hong Kong, British, China, Washington, Beijing, Arm China, Cambridge, United States, United Kingdom, San Jose , California, America, decouple

Some analysts feel the Huawei moves could be a first step in comeback efforts by China's "national champion" to rival Apple. By contrast with the hit for Apple suppliers, Huawei's extended recent gains. Reuters GraphicsSCOPE OF CURBS UNCLEARIt was not immediately clear how wide China's iPhone curbs are, but one employee at an affected state-owned enterprise (SOEs) in the capital said they extended to visitors. However, Canalys analyst Nicole Peng said Huawei could present a greater threat to domestic peers, such as Honor, which had benefited from Huawei's woes. The U.S. Commerce Department is seeking more information on the "character and composition" of the new Huawei chip that may violate trade curbs, it said on Thursday.

Persons: Ann Wang, chipmaker TSMC, China's, Ivan Lam, Ming, Chi Kuo, Nicole Peng, TechInsights, Jeanny Kao, David Kirton, Jason Xue, Yelin Mo, Ellen Zhang, Sam Nussey, Miyoung Kim, Clarence Fernandez Organizations: Taiwan Semiconductor Manufacturing, REUTERS, Rights, Huawei, Apple, Largan, Industry, Semiconductor Manufacturing International Corp, Reuters, Bank of America, TF International Securities, Street, Washington, U.S . Commerce Department, Shanghai Newsroom, Thomson Locations: Hsinchu, Taiwan, Rights SHANGHAI, TAIPEI, U.S, Beijing, Taipei, TW, iPhones, China, Shenzhen, Shanghai, Tokyo

☆ American economic power is potent but unstable
▼ + stars: | 2023-09-08 | by ( Peter Thal Larsen | ) www.reuters.com time to read: +8 min

LONDON, Sept 8 (Reuters Breakingviews) - For the past 15 years, the iPhone has been a totem of U.S. economic power. If the country is cooling on the $2.8 trillion company, it’s a potent indicator of increasingly frosty relations with the United States. Perhaps most significantly, the U.S. government realised it could use the internet to spy on adversaries and the financial system to subdue them. The tendency of capitalism to produce a handful of giant companies, many of them headquartered in the United States, helped successive administrations exert their authority. A complete severing of economic links between China and the United States is hard to imagine.

Persons: Norman Angell, Thomas Friedman, Vladimir Putin, Edward Snowden, Henry Farrell, Abraham Newman, Johns Hopkins SAIS, Putin, Biden, ”, Farrell, Newman, Donald Trump, ” Farrell, Allen Lane, Jeffrey Goldfarb, Aditya Sriwatsav Organizations: Reuters, Apple, World Trade Organization, New York Times, National Security Agency, U.S . Treasury, Johns Hopkins, Georgetown University, WTO, Huawei, BNP, Biden Administration, Intel, U.S ., European, United, Thomson Locations: China, Beijing, United States, France, Russian, U.S, North Korea, Iran, New York, Washington, Sudan, Cuba, Ukraine, America, Russia, Germany, United, Europe

☆ Arm IPO: British chip designer targets valuation of $52 billion. Apple, Google and Nvidia show interest
▼ + stars: | 2023-09-05 | by ( Michelle Toh | ) edition.cnn.com time to read: +2 min

That could rise to $5.2 billion if the banks underwriting the IPO exercise an option to buy additional shares from SoftBank. In 2020, SoftBank tried to offload Arm to Nvidia for $40 billion, in what would have been the biggest chip deal of all time. The company’s return to the public market is being closely watched as it promises to be the biggest US IPO since 2021. Arm made nearly $2.7 billion in revenue in the fiscal year ended March, according to its prospectus. SoftBank will continue to own approximately 90% of Arm’s shares following the listing, according to the filing.

Persons: SoftBank, Japan’s SoftBank, It’s Organizations: London CNN, Big Tech, Nasdaq, Securities and Exchange Commission, Apple, Google, Nvidia, AMD, Samsung, Intel, Vision, Porsche Locations: British, SoftBank, Cambridge, Frankfurt

"This quarter puts Salesforce in a league of its own and isn't being appreciated nearly enough at these prices," Jim says. CRM YTD mountain Salesforce's year-to-date stock performance. That is likely why Salesforce stock traded at a valuation "well below" its peers, Smith argued at the time. For context, here's the full list of Salesforce peers included Starboard's presentation: Club holding Microsoft 's (MSFT) productivity and business processes segment, Adobe, Club holding Oracle (ORCL), Intuit (INTU), ServiceNow, Workday and SAP (SAP). Importantly, that $265 target is strictly the result of applying current average peer valuation to Salesforce's current growth/profit mix.

Persons: Marc Benioff, Jim Cramer, Jim, Salesforce, Jeff Smith —, Smith, Salesforce's, —, it's, Jim Cramer's, Patrick T Organizations: —, Club, ServiceNow, Adobe, Microsoft, Oracle, Intuit, SAP, CRM, CNBC, Salesforce.com Inc, Global Technology, Fallon, Bloomberg, Getty Locations: That's, TurboTax, Salesforce's, Laguna Beach , California, U.S

☆ Nvidia results burnish AI rally, lift global tech shares
▼ + stars: | 2023-08-24 | by ( ) www.reuters.com time to read: +3 min

Nvidia's shares rose to $510.14 in premarket trading, set to surpass a record high of $481.87 hit earlier this week. That represents another three-fold increase in the stock's value from current levels. Elsewhere, shares of Taiwan Semiconductor Manufacturing Co (TSMC) (2330.TW), which supplies to Nvidia, rose 2.2%. A lot rested on Nvidia posting strong results, as most of the S&P 500's over 15% year-to-date gains have come from the AI-driven rally in Nvidia and other Big Tech stocks. Investing.com analyst Thomas Monteiro said Nvidia's results validated "the narrative that has been propping tech stocks in general this year."

Persons: Ann Wang, ”, Hargreaves, Sophie Lund, Yates, Elazar, Bernstein, Stacy Rasgon, Ipek Ozkardeskaya, Thomas Monteiro, Susan Mathew, Chavi Mehta, Varun Organizations: REUTERS, Nvidia, Elazar Advisors, Rosenblatt Securities, Devices, Micron Technology, Broadcom, Marvell Technology, Taiwan Semiconductor Manufacturing, ASM International, BE Semiconductor, Aixtron, Swissquote Bank, Big Tech, Thomson Locations: Taipei, Taiwan, Bengaluru

☆ How Bob Iger's big plan to shrink Disney could pay off and how it could backfire, according to industry insiders
▼ + stars: | 2023-08-22 | by ( Lucia Moses | ) www.businessinsider.com time to read: +11 min

After a run of acquisitions during his first tour as Disney CEO, Bob Iger is looking to shrink the company. "They are our film studios, our parks business, and streaming, all of which are inextricably linked to our brands and franchises." Verizon has reached out to Disney about partnering on a new ESPN streaming service, The Information reported. 2024 will bring some clarity to Disney's streaming business. "The streaming business with ESPN going direct to consumer can generate a lot of subscriptions and hopefully be a positive earnings contributor.

Persons: Bob Iger, He's, Iger, Wells, Steven Cahall, MoffettNathanson's Michael Nathanson, Iger's, hasn't, Macquarie, Tim Nollen, Doug Shapiro, Shapiro, Disney, It'll, there's, Tim Cook, Eddy, Drew Angerer, Disney's, Penn, Joel Simkins, Stratechery's Ben Thompson, Thompson, — Iger, mused, signups, he's, Kevin Lansberry, I'm, Nollen Organizations: Disney, ABC, FX, Geographic, ESPN, Google, Netflix, Warner Bros, Discovery, Warner Bros . Discovery, Comcast, Marvel, Pixar, Apple, Walt Disney, Turner Broadcasting System, Apple's, Hulu, ESPN Iger, Penn Entertainment, Houlihan, Global Technology Group, LightShed Partners, Verizon, Flagship Locations: Orlando , Florida, Sun

☆ Goldman says these stocks have the most upside, even as markets become choppy
▼ + stars: | 2023-08-19 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

The firm named a list of buy-rated stocks that it says are well positioned to withstand choppy markets. The firm said it sees "upside in [the] face of improving industry trends" after AppLovin's strong second-quarter earnings report earlier this month. Both continue to enjoy double-digit subscription revenue growth year over year, he said. Gartner "2Q beat, as healthy Research CV growth and margin upside should offset muted tech vendor trends to drive valuation upside. … We continue to see attractive valuation upside at Gartner following 2Q results, which outperformed our estimates and consensus on revenue, EBITDA margins & EPS."

Persons: Goldman Sachs, Eric Sheridan, he's, Sheridan, Lizzie Dove, Cedar's, George Tong, Tong, Archer, Gartner, … Gartner, …, Phillips Organizations: CNBC, Cedar Fair, Investments, Gartner, adv, The League, 2Q, Consulting, Refining, Chemicals, & & Locations: Gartner, Sheridan, Ohio

☆ Brilliant Planet: Growing and burying algae in the Sahara is the latest solution for the climate crisis
▼ + stars: | 2023-08-18 | by ( Tom Page | Thomas Page | ) edition.cnn.com time to read: +7 min

Algae absorbs atmospheric carbon dioxide and emits oxygen via photosynthesis, and has been doing so since before the first land plants ever existed. “Nature-based solutions are a great way of removing carbon,” Taylor told CNN, arguing that deserts are an under-utilized environment. Many carbon capture solutions have been proposed, the most headline-grabbing being direct air capture. “There are enormous desert regions in the country that might be converted for carbon capture and storage projects,” she added. courtesy Brilliant PlanetTaylor hopes the tangible, weighable algae flakes will make Brilliant Planet’s model attractive.

Persons: Adam Taylor, Taylor, “, ” Taylor, ”, You’re, Halldor Kolbeins, Fatna Ikrame El Fanne, El Fanne, Robert Höglund, Höglund, ” Höglund Organizations: CNN, US Department of Energy, Getty, Climate, “ Locations: London, Akhfenir, Morocco, Sahara, Reykjavik, Iceland, AFP, Climate Morocco, Namibia, Manhattan

☆ Bob Iger is moving to shrink Disney — here's how industry insiders see his playbook and its potential pitfalls: 'Everything is not OK'
▼ + stars: | 2023-08-18 | by ( Lucia Moses | ) www.businessinsider.com time to read: +11 min

After a run of acquisitions during his first tour as Disney CEO, Bob Iger is looking to shrink the company. He's looking to Disney's IP-driven parks, streaming, and film studios to drive growth. "They are our film studios, our parks business, and streaming, all of which are inextricably linked to our brands and franchises." 2024 will bring some clarity to Disney's streaming business. "The streaming business with ESPN going direct to consumer can generate a lot of subscriptions and hopefully be a positive earnings contributor.

☆ On San Francisco stop, Taiwan VP says will take peace as his 'lighthouse'
▼ + stars: | 2023-08-17 | by ( ) www.reuters.com time to read: +2 min

[1/2] Taiwan's Vice President William Lai addresses supporters at the San Francisco Airport Marriott Waterfront hotel in Burlingame, California, U.S. August 16, 2023. REUTERS/Loren Elliott Acquire Licensing RightsTAIPEI, Aug 17 (Reuters) - Taiwan Vice President William Lai has promised during a visit to San Francisco to take peace as his "lighthouse" and democracy as his guide, on the final leg of a trip that China has condemned. China, which claims Taiwan as its territory, has denounced the transit stops in the United States and called Lai a "troublemaker". "Taiwan is a crucial partner in U.S. efforts to maintain global peace and stability, including in the Taiwan Strait," Rosenberger said. The United States has no formal ties with Taiwan but is bound by law to provide the island with the means to defend itself.

Persons: William Lai, Loren Elliott, Lai, Taiwan's, Laura Rosenberger, Rosenberger, Biden, likeminded, Yimou Lee, Ben Blanchard, Robert Birsel Organizations: San Francisco, Marriott, REUTERS, Rights, Taiwan, American Institute, Thomson Locations: Burlingame , California, U.S, Rights TAIPEI, San Francisco, China, Taipei, Paraguay, New York, Taiwan, United States, Silicon, Taiwan Strait

☆ Americas - Latest News and Analysis from Canada, Mexico, Central and South America
▼ + stars: | 2023-08-14 | by ( ) www.wsj.com time to read: 1 min

Warns of Trade Fight Over Canada’s Digital-Tax PlanCanada plans to impose a digital-services tax at the start of 2024, even as other countries agree to delay global tech tax accord until 2025.

Organizations: Tax, Canada

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