DIRS.INFO The most relevant business & tech news

☆ Tiger Woods: Inflatable dome collapse delays indoor golf venture by a year
▼ + stars: | 2023-11-21 | by ( Jack Bantock | ) edition.cnn.com time to read: +4 min

CNN —Tiger Woods and Rory McIlroy’s high-tech indoor golf venture, the TGL, has been delayed by a year after the inflatable dome of its custom-built Florida venue deflated, organizers announced Monday. Organizers said the league’s 24 players, six team ownership groups and other key partners, including the PGA Tour, had been consulted ahead of the postponement. TGLThe venture is the brainchild of TMRW Sports, a company co-founded by Woods and McIlroy. Both players are set to compete in the league, for Jupiter Links Golf Club and Boston Common Golf respectively. TGLEach team represents a different US city, state or town; Atlanta, Boston, Los Angeles, New York, San Francisco and Jupiter.

Persons: Woods, Rory McIlroy’s, “, McIlroy, “ I’ve, ” Woods, ” McIlroy, –, Patrick Cantlay, Xander Schauffele, Matt Fitzpatrick, Max Homa, Wyndham Clark, Jon Rahm, ” Rahm, Serena, Venus Williams, Steph Curry Organizations: CNN, PGA, SoFi, Palm Beach State College, PGA Tour, TGL, TMRW Sports, Jupiter, Boston, ESPN, Golf, San Francisco, Fenway Sports Group, Boston Red Sox, Pittsburgh Penguins, NASCAR’s RFK Racing, English Premier League football club Liverpool Locations: Florida, Palm, Atlanta, Boston, Los Angeles , New York, San Francisco

REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsNov 20 (Reuters) - OpenAI's board of directors approached rival Anthropic's CEO about replacing chief Sam Altman and potentially merging the two AI startups, according to two people briefed on the matter. The news, reported earlier by The Information on Monday, follows various reported calls to find Altman's successor days after OpenAI's board ousted him. OpenAI declined to comment and board member Adam D'Angelo did not immediately respond to a request for comment. On Sunday the board offered ex-Twitch CEO Emmett Shear to be its interim chief, who accepted. By Monday, nearly all of the startup's more than 700 employees threatened to quit, including one of its executives on OpenAI's now four-person board.

Persons: Dado Ruvic, Sam Altman, Dario Amodei, OpenAI's, OpenAI, Adam D'Angelo, Emmett Shear, Altman, Anthropic, Claude, Jeffrey Dastin, Urvi, Nivedita Bhattacharjee, Sam Holmes Organizations: REUTERS, Sunday, Microsoft, OpenAI, Google, Thomson Locations: San Francisco, Bengaluru

Nov 20 (Reuters) - Rivian Automotive (RIVN.O) said on Monday that CEO RJ Scaringe would directly oversee all product development effective immediately as the electric-vehicle maker gears up to unveil and launch its smaller and cheaper vehicle family. Chief Product Development Officer Nick Kalayjian would move to the role of executive vice president, vehicle engineering and propulsion before transitioning to an advisory role, the company said. "It's a big year for product for Rivian, so RJ is doubling down on the introduction of our new technologies in 2024 and the design and development of R2," a spokesperson for Rivian told Reuters. The company's product reporting structure will include software, autonomy, design, vehicle, electrical, propulsion and programs categories, Rivian said. "I know that (Scaringe) spending more time working with our product teams will create significant value for all of us and our shareholders," Kalayjian, who joined Rivian in 2020, said in another internal email seen by Reuters.

Persons: RJ Scaringe, Nick Kalayjian, Rivian, Nick, Scaringe, Tesla, Elon Musk, Kalayjian, Abhirup Roy, Bhanvi, Shilpi Majumdar, Bill Berkrot Organizations: Rivian, RJ, Reuters, General Motors, Ford, Thomson Locations: Rivian, San Francisco, Bengaluru

☆ Founder and CEO of GM’s self-driving car unit resigns in wake of safety problems
▼ + stars: | 2023-11-20 | by ( Chris Isidore | ) edition.cnn.com time to read: +4 min

New York CNN —Kyle Vogt, the head of General Motors’ self-driving car unit Cruise, resigned from the company late Sunday. Despite the myriad of problems and the turnover at the top, GM said Sunday it was sticking with Cruise and its efforts to develop self-driving cars. Besides the safety issues at Cruise, the unit has cost the company $5.9 billion before interest and taxes since the start of 2020. The most serious accident involving Cruise was one on October 2 involving a pedestrian in San Francisco who was critically injured when hit, first by a traditional human-driven car, then by a Cruise driverless car. Two weeks later the National Highway Traffic Safety Administration said that accident and reports of other accidents involving Cruise vehicles and pedestrians, prompted it to launch a safety probe into Cruise vehicles.

Persons: Kyle Vogt, Cruise, robotaxis, ”, Vogt, ” Vogt, Craig Glidden, Mo Elshenawy, “, ” – CNN’s Peter Valdes, Dapena Organizations: New, New York CNN, General Motors, Honda, GM, Cruise, Ford, Volkswagen, Traffic Safety Administration, Cruisers, Reuters, “ Locations: New York, San Francisco, Japan, California

☆ Kyle Vogt Resigns as CEO of GM’s Driverless-Car Unit Cruise
▼ + stars: | 2023-11-19 | by ( Meghan Bobrowsky | ) www.wsj.com time to read: 1 min

Kyle Vogt co-founded Cruise a decade ago. Photo: Jordan Vonderhaar/Bloomberg NewsKyle Vogt has resigned as chief executive of Cruise, the self-driving car unit of General Motors , following a turbulent month in which the company lost some of its permits in California and paused operations. Vogt co-founded Cruise a decade ago and was named CEO in February 2022. Since then, Cruise expanded its driverless robotaxi fleet in San Francisco and started launching operations in cities across the country.

Persons: Kyle Vogt, Jordan Vonderhaar, Cruise, Vogt Organizations: Bloomberg, General Motors Locations: California, San Francisco

☆ Kyle Vogt Resigns as CEO of GM’s Cruise
▼ + stars: | 2023-11-19 | by ( Meghan Bobrowsky | ) www.wsj.com time to read: 1 min

Kyle Vogt co-founded Cruise a decade ago. Photo: Jordan Vonderhaar/Bloomberg NewsKyle Vogt has resigned as chief executive of Cruise, the self-driving car unit of General Motors , following a turbulent month in which the company lost some of its permits in California and paused operations. Vogt co-founded Cruise a decade ago and was named CEO in February 2022. In recent years, Cruise launched a driverless robotaxi fleet in San Francisco and started expanding to cities across the country.

Persons: Kyle Vogt, Jordan Vonderhaar, Cruise, Vogt Organizations: Bloomberg, General Motors Locations: California, San Francisco

Taiwan's APEC envoy Morris Chang attends a press conference during the APEC (Asia-Pacific Economic Cooperation) Summit in San Francisco, California, U.S. November 17, 2023. REUTERS/Carlos Barria Acquire Licensing RightsSAN FRANCISCO, Nov 17 (Reuters) - Taiwan's APEC envoy Morris Chang said on Friday that he had informal interactions with U.S. President Joe Biden and discussions with Secretary of State Antony Blinken at a summit in San Francisco, but none with Chinese President Xi Jinping. The White House has not elaborated on those conditions, but Biden asked Xi to respect Taiwan's presidential election process next year, according to a U.S. official. Taiwan's envoy Chang said he supported those U.S. export controls on China. Reporting by Michael Martina in San Francisco and Ben Blanchard in Taipei; Editing by Chris Reese, Kim Coghill and Tom HogueOur Standards: The Thomson Reuters Trust Principles.

Persons: Morris Chang, Carlos Barria, Joe Biden, Antony Blinken, Xi Jinping, Chang, Kamala Harris, Xi, Biden, Blinken, Fumio Kishida, Wang Wentao, Michael Martina, Ben Blanchard, Chris Reese, Kim Coghill, Tom Hogue Organizations: APEC, Economic Cooperation, REUTERS, FRANCISCO, U.S, Japanese, Biden, China's, Thomson Locations: Asia, San Francisco , California, U.S, San Francisco, Taiwan, Taipei, Beijing, Thailand, China, United States, Washington

☆ San Francisco is moving forward with its tallest-ever apartment building as California's new laws to fight the housing crisis start to pay off
▼ + stars: | 2023-11-17 | by ( Eliza Relman | ) www.businessinsider.com time to read: +3 min

A new law fast-tracking affordable and mixed-income housing is paying off in San Francisco. Plans for the tallest-ever apartment building in the city are being fast-tracked under the new state law. The tower at 530 Howard Street will be the tallest residential building in San Francisco and the third-tallest building citywide, the San Francisco Chronicle reported. Newsom signed more than 50 housing bills last month that loosen restrictions imposed by CEQA, fast-track affordable housing projects, and encourage more dense, infill residential construction. "Turning a parking lot into housing, including affordable housing, is exactly what we need to do to build a stronger, more resilient San Francisco," Breed said in a statement to the Chronicle.

Persons: —, Bill, Paul Paradis, Paradis, Gavin Newsom, Newsom, San Francisco Mayor London Breed, Breed Organizations: Service, Affordable, Commission, Supervisors, San Francisco Chronicle, JPMorgan Chase, Gov, CEQA, San Francisco Mayor London, Bloomberg Locations: San Francisco, Bay Area, Francisco, —, California, Washington

The San Diego Zoo sent its pandas home in 2019 and the last bear at the Memphis, Tennessee, zoo went home earlier this year. Whatever the reason, San Diego Zoo officials were hopeful. "It is a moment with some heartbreak in it,” National Zoo Director Brandie Smith said at the time. The San Diego Zoo has been panda-less for four years and may need to upgrade or refurbish its facilities. The National Zoo had announced plans to renovate its panda house and outdoor enclosure, but the timing on those plans is unclear.

Persons: —, Xi Jinping, Xi, Mei Xiang, Tian Tian, Xiao Qi Ji —, ”, Daniel Ashe, ” Dennis Wilder, ” Wilder, Wilder, Gavin Newsom's, Xi’s, Paul A, Baribault, Ling, Hsing, Brandie Smith, Le Le, Didi Tang, Amy Taxin Organizations: WASHINGTON, San Diego Zoo, National Zoo, Atlanta Zoo, Veteran, Economic Cooperation, Association of Zoos, Aquariums, Georgetown University’s Initiative, U.S, California Gov, San Diego Zoo Wildlife Alliance, “, Zoo, Associated Press Locations: America, California, San Diego, U.S, Memphis , Tennessee, China, Veteran China, People's Republic, Asia, San Francisco, United States, Washington, Memphis, Santa Ana , California

A Cruise self-driving car, which is owned by General Motors Corp, is seen outside the company?s headquarters in San Francisco, California, U.S., September 26, 2018. In an email to staff seen by Reuters, Cruise CEO Kyle Vogt said the company will re-evaluate the employee equity program in light of the suspension, which "pushed out our commercialization and revenue generation timelines." The regulator said Cruise had not initially disclosed all video footage of an Oct. 2 accident where Cruise's car dragged a pedestrian in San Francisco. The unlisted Cruise unit last year introduced the equity program under which current and former employees can sell their vested equity to GM and other investors every quarter. Asked about the Thursday's email from Vogt, a Cruise spokesperson said, "GM and Cruise are working together on what competitive compensation packages at Cruise will look like going forward."

Persons: Heather Somerville, Kyle Vogt, Cruise, Sam Abuelsamid, Vogt, Hyunjoo Jin, Greg Bensinger, David Shepardson, Jonathan Oatis, Matthew Lewis, Daniel Wallis Organizations: General Motors Corp, REUTERS, General Motors, GM, Reuters, Cruise, California Department of Motor Vehicles, United Auto Workers, UAW, Thomson Locations: San Francisco , California, U.S, California, San Francisco, California , Arizona, Washington

While digital outlets have emerged to fill some voids, they're closing at roughly the same rate as new ones start, the report said. “I don't think there's a demand problem for local news,” Franklin said. “I think there's a supply problem. I don't think there's one solution to these problems. While new local digital sites have emerged in New York, Chicago, San Francisco and Boston, for example, most were based in more affluent, suburban communities with strong broadband access.

Persons: ”, Tim Franklin, Jezebel, “, ” Franklin, Penny Abernathy Organizations: Northwestern University, Northwestern's Medill, Washington Post, NPR, Associated Press, Northwestern, Media, Boston, Medill, Courier of, PBS Locations: United States, Northwestern, Texas, New York, Chicago, San Francisco, Courier of Charleston, S.C, Bath, Highland, Alleghany, Virginia

U.S. President Joe Biden delivers remarks on the White House initiative on climate change, at the White House in Washington, November 14, 2023. REUTERS/Tom Brenner Acquire Licensing RightsSAN FRANCISCO, Nov 14 (Reuters) - U.S. President Joe Biden on Tuesday attacked former President Donald Trump for using the word "vermin" to refer to his political enemies, saying it echoed the language of Nazi Germany. Biden said Trump's comments echoed language heard in Nazi Germany in the 1930's. "Trump also recently talked about quote, 'the blood of America is being poisoned'... Again, echoes the same phrases used in Nazi Germany." Steven Cheung, a Trump campaign spokesman, has previously rejected the comparisons to Nazis, Hitler and Italy's Mussolini.

Persons: Joe Biden, Tom Brenner, Donald Trump, Trump, Biden, Trump's, he's, autocrats, Steven Cheung, Hitler, Italy's Mussolini, Cheung, Trevor Hunnicutt, Nandita Bose, Raju Gopalakrishnan Organizations: White, REUTERS, FRANCISCO, Tuesday, Republican, Trump, Thomson Locations: Washington, Nazi Germany, New Hampshire, America, San Francisco

☆ Takeaways from the Biden-Xi summit, where low expectations were met
▼ + stars: | 2023-11-15 | by ( Stephen Collinson | ) edition.cnn.com time to read: +13 min

U.S. President Joe Biden shakes hand with Chinese President Xi Jinping on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit, in Woodside, California, U.S., November 15, 2023. The Biden administration is worried about scores of what it calls “unprofessional” operations by Chinese planes and ships near US assets. Biden balances his job as commander in chief with huge political risksBiden knew his meeting with Xi would unleash a political firestorm. Biden had huge political incentives to make this summit a success but also needed to show he was tough on Xi. Meeting low bars at a moderately successful summit will not change the fundamentals of their rivalry.

Persons: Joe Biden’s, Xi Jinping, Biden, Xi, ” Biden, ” Xi, China’s, Joe Biden, Kevin Lamarque, “, Nancy Pelosi’s, Sen, Jim Risch, lacerated Biden, Bill Clinton’s, George H.W, Nikki Haley, Ron DeSantis, Donald Trump’s, it’s, ” Sue Mi Terry, George W, Bush, Barack Obama, CNN’s Erin Burnett, reaffirmation, “ I’m, that’s, ”, he’d, he’s Organizations: CNN, Economic Cooperation, United, US Air Force, Soviet Union, People’s Liberation Army, Republican, Senate Foreign Relations, US, Biden, South Carolina Gov, Florida Gov, GOP, Barack Obama National Security Council, Center for Strategic, International Studies, Congress, New York Times, Trump Locations: San Francisco, perilously, Asia, China, United States, ., Woodside , California, U.S, Taiwan, Chinese, Hainan, Soviet, Ukraine, Moscow, Syria, The Idaho, Beijing, George H.W . Bush, Iowa, Washington

☆ 10 cities where people are moving for a new job
▼ + stars: | 2023-11-15 | by ( Noah Sheidlower | Juliana Kaplan | ) www.businessinsider.com time to read: +4 min

Many workers reported cost of living as the most significant reason for moving states for a new job. Cities including San Francisco and Miami saw net population losses in the third quarter of 2023. New data from the Bank of America Institute looks at where job switchers are moving for those new roles , and which cities are increasingly luring in more new workers. San Francisco had one of the lowest shares of job changers moving in at under 11%. For many of these cities, Bank of America found population change and job growth went hand-in-hand.

Persons: —, San Francisco, they're, Gen Zers, Bostonians Organizations: Miami, Service, Boston, Bank of America Institute, Los Angeles . Bank of America, of America, Bank of America, Workers, Sun, San Franciscans Locations: Boston, Portland, San Francisco, Boston —, Oregon, Chicago, New York City, Miami, Los Angeles, Columbus, Austin, San Antonio, Las Vegas, Tampa, Seattle

☆ North Korea vows more offensive response to US 'threats' -KCNA
▼ + stars: | 2023-11-15 | by ( Soo-Hyang Choi | ) www.reuters.com time to read: +3 min

Song Kyung-Seok/Pool via REUTERS Acquire Licensing RightsSEOUL, Nov 16 (Reuters) - North Korea on Thursday criticised a recent visit to South Korea by top U.S. defence officials and vowed more "offensive" responses to what it called military threats from the United States and its allies, state media reported. During Austin's visit, South Korea and the United States revised a bilateral security agreement aimed at deterring North Korea's advancing nuclear and missile threats. South Korea's defence ministry said the revision was necessary because the existing strategy did not adequately address rapid advancements in North Korea's missile and nuclear programs. Austin's visit followed U.S. Secretary of State Antony Blinken's trip to South Korea last week. North Korea and Russia have denied any arms deals, though their leaders pledged closer military cooperation at their September summit.

Persons: Defense Lloyd Austin, South Korean Defense Minister Shin Won, sik, Kyung, Defense Lloyd Austin's, Austin's, Antony Blinken's, Jin, Yoko Kamikawa, Soo, hyang Choi, Chris Reese, Cynthia Osterman, Gerry Doyle Organizations: Defense, South Korean Defense Minister, United Nations Command, UNC, Defense Ministry, REUTERS Acquire, Rights, DPRK, Democratic People's, United, Pentagon, U.S . State Department, U.S . Defense Security Cooperation Agency, South Korean Foreign, Thomson Locations: South Korea, Seoul, Rights SEOUL, North Korea, United States, Defense Lloyd Austin's Seoul, DPRK, Democratic People's Republic of Korea, Korea, Republic of, Russia, San Francisco

☆ Target CEO says he's pleased with the progress that's been made against retail theft
▼ + stars: | 2023-11-15 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

In a Wednesday interview with CNBC's Jim Cramer, Target CEO Brian Cornell said retail theft is an issue plaguing the entire industry, not just his company. Cornell said the company has been upfront about its problems with theft in order to advocate for government reforms for the industry. "I'm really pleased with the progress that we've seen," he said, "but this isn't a Target issue, this is a retail issue." Target said in September it would close nine stores in major cities, including New York City, Seattle, San Francisco and Portland, citing violence, theft and organized retail crime. So we are very committed to those stores, we're committed to growing our store base."

Persons: CNBC's Jim Cramer, Brian Cornell, Cornell, I'm, We've, we're Organizations: New Locations: New York City, Seattle, San Francisco, Portland, New York, Manhattan, Union

☆ Inside the remarkably intricate planning for Biden’s meeting with Xi
▼ + stars: | 2023-11-14 | by ( Mj Lee | Kevin Liptak | ) edition.cnn.com time to read: +7 min

That included the timing and location of the summit, which is occurring amid a larger gathering of Pacific leaders in San Francisco. “China – normally, if they come to United States, they want everything. San Francisco and the Bay Area are home to one of the largest populations of Chinese or Chinese-Americans in the United States. One-fifth of the population of San Francisco has Chinese roots, according to US census data. “Chinese officials will want to project to their domestic audience that Xi is received by Biden with dignity and respect.

Persons: Xi Jinping, Joe Biden, Xi, Biden, ”, Victor Cha, San, Xi ”, Barack Obama, Donald Trump, Obama, Trump, –, Xi’s, Ryan Hass, John L, ” Hass, Wednesday’s, “ Organizations: San Francisco CNN, Beijing, CNN, White House, Center for Strategic, International Studies, APEC, Area, Biden, Communist Party, Trump, Mar, Thornton China Center, Brookings Institution, House Locations: San, United States, San Francisco, China, Asia, China American, California, Palm Springs, Beijing

☆ As Target shutters some stores, retailer looks to prove it can grow and avoid new setbacks
▼ + stars: | 2023-11-13 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +4 min

Melissa Repko | CNBCIn the Harlem neighborhood of New York City, Target 's first store to open in Manhattan has permanently shut its doors. This week, Target for the first time since the surprise store closures will update investors on its sales trends and efforts to overcome a string of challenges. Some other retailers, such as Nordstrom and Walmart , have also shut stores in major cities — though they have not specifically blamed theft. A bumpy ride for TargetFor more than a year, Target has endured rocky sales and stock performance. Target cut its full-year forecast in August, after already warning investors it expected lower sales than a year ago.

Persons: Melissa Repko, John Mulligan, Paul, Target's Mulligan, Greg Melich, They've Organizations: CNBC, NRF, Target, Nordstrom, Walmart, Evercore ISI Locations: Harlem, New York City, Manhattan, New York, Minneapolis, St, Chicago, San Francisco, Seattle, Portland

U.S. President Joe Biden meets with Chinese President Xi Jinping on the sidelines of the G20 leaders' summit in Bali, Indonesia, November 14, 2022. REUTERS/Kevin Lamarque/File Photo Acquire Licensing RightsWASHINGTON, Nov 13 (Reuters) - The White House said on Monday President Joe Biden and Chinese President Xi Jinping will discuss strengthening communication and managing competition when they meet on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit this week. Biden and Xi have known each other for more than a decade and have shared hours of conversation over six interactions since Biden's 2021 inauguration. However, they have met only once in person since then and Xi has not visited the United States since 2017. Sullivan said that at APEC Biden would put forward his economic vision for the region and speak about "how the United States is the preeminent driver of inclusive, sustainable economic growth in the Asia Pacific."

Persons: Joe Biden, Xi Jinping, Kevin Lamarque, President Joe Biden, Xi, Jake Sullivan, Biden, Sullivan, Nancy Pelosi, we've, Matt Murray, Steve Holland, Nandita Bose, David Brunnstrom, Alistair Bell Organizations: REUTERS, Rights, President, Economic Cooperation, San Francisco Bay Area, Biden, House, U.S ., United, U.S, APEC, Wednesday, APEC Biden, Thomson Locations: Bali , Indonesia, Asia, San Francisco Bay, U.S, People's Republic of China, United States, Washington, China, Taiwan, San Francisco, Israel, Ukraine, North, Russia, Beijing, Iran, East

Their last meeting was at the Group of 20 summit in Indonesia last fall. The U.S. has consistently viewed military relations with China as critical to avoiding any missteps and to maintaining a peaceful Indo-Pacific region. Sullivan also said there were other areas where U.S. and Chinese interests overlap, particularly on the effort to combat fentanyl trafficking. The White House announced Monday that Biden would also meet with Mexican President Andrés Manuel López Obrador later this week. Associated Press Writers Janie Har in San Francisco and Lolita C. Baldor and Didi Tang in Washington contributed to this report.

Persons: Joe Biden, Xi Jinping, The, Biden, Xi, Jake Sullivan, ” Sullivan, “, Sullivan, Andrés Manuel López Obrador, Janet Yellen, ___ Madhani, Janie Har, Lolita C, Baldor, Didi Tang Organizations: WASHINGTON, —, Economic Cooperation, The Biden, Group, Biden, White House, U.S . Navy, Air Force, Disease Control, Drug Enforcement Administration, U.S, Democratic, White, Moscone Center, APEC, Finance, San Francisco Police Department, Union Square, Associated Press Locations: Asia, San Francisco, Indonesia, China, U.S, Pacific, Washington, Mexico, Iran, Taiwan, Beijing, Taipei, Taiwan Strait, Tehran, Israel, Union

WASHINGTON (AP) — The United States and China are the two global economic heavyweights. The meeting will bring together 21 Pacific Rim countries, which collectively represent 40% of the world’s people and nearly half of global trade. Indeed, imports of Chinese goods to the United States were down 24% through September compared with the same period of 2022. Xi, too, has reason to try to restore economic cooperation with the United States. “This will not be an easy sell.’’Complicating matters is that the tensions between Washington and Beijing go well beyond economics.

Persons: Joe Biden, Xi, Eswar Prasad, “, Prasad, Donald Trump, Trump, Biden, Chad Bown, Janet Yellen, Lifeng, —, ” Yellen, ’ ’, Wendy Cutler, Raja Krishnamoorthi, ’ ’ Krishnamoorthi, ’ Organizations: WASHINGTON, International Monetary Fund, “, Cornell University, Economic Cooperation, Biden, World Trade Organization, U.S, Peterson Institute for International Economics, Prosperity, Trump, Group, Bain & Co, Micron, IMF, United, Asia Society Institute, Chinese Communist Party, Republicans, Pew Research Center, Center for Strategic, International Studies, Rep, Illinois Democrat Locations: United States, China, Washington, Beijing, U.S, Ukraine, Gaza, Asia, San Francisco, Shanghai, Hong Kong, Xinjiang, India, Philippines, South China, Taiwan, Chinese, Kenya, Nigeria, Illinois

☆ Meet Brother Spirit, the Buddhist monk who doesn't believe in competition and is behind one of the great partnerships in Silicon Valley
▼ + stars: | 2023-11-12 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +5 min

Brother Spirit is a monk in the French monastic community of Plum Village. Brother Spirit played a role in connecting Salesforce CEO Marc Benioff with Humane's founders. Brother Spirit said competition is not the best way to drive innovation. Brother Spirit did not respond to Insider's request for a comment, so it's unclear exactly when he befriended Benioff. Brother Spirit, who also goes by Brother Pháp Linh, appears to be active on social media.

Persons: Brother Spirit, Marc Benioff, Imran Chaudhri, Bethany Bongiorno, Benioff, Times ., Spirit, He's, Barack Obama, Tim Cook, Fleetwood Mac, —, Brother Pháp Linh, CK Lin, Lin Organizations: Brother, Humane's, Service, Apple, Google, The New York Times, Times, Salesforce, Cambridge University Locations: Plum, Salesforce, Bordeaux, France, San Francisco

Lockbit was discovered in 2020 when its eponymous malicious software was found on Russian-language cybercrime forums, leading some security analysts to believe the gang is based in Russia. The gang has not professed support for any government, however, nor has any government formally attributed it to a nation-state. "We are located in the Netherlands, completely apolitical and only interested in money," the gang says on its dark web blog. The cybercrime gang infects a victim organisation's system with ransomware - malicious software that encrypts data - and then coerces targets into paying ransom to decrypt or unlock it. On the dark web, Lockbit's blog displays an ever-growing gallery of victim organisations that is updated nearly daily.

Persons: Lockbit, cybercriminals, Zeba Siddiqui, James Pearson, Rod Nickel Organizations: FRANCISCO, LONDON, Commercial Bank of China, Boeing, ION, Thomson Locations: Russia, Netherlands, United States, ICBC's U.S, San Francisco, London

WASHINGTON (AP) — President Joe Biden and Chinese President Xi Jinping will meet Wednesday in California for talks on trade, Taiwan and managing fraught U.S.-Chinese relations in the first engagement between the leaders of the world's two biggest economies in nearly a year. Thousands of protesters are expected to descend on San Francisco during the summit. Thousands of people protesting climate destruction, corporate practices, the Israel-Hamas war and other issues are expected to descend on San Francisco during the summit. San Francisco Police Department Chief Bill Scott said his department expects several protests a day but doesn't know which ones will materialize where and when. ___Associated Press writer Janie Har in San Francisco and Ken Moritsugu in Beijing contributed reporting.

Persons: Joe Biden, Xi Jinping, Biden, Xi, Karine Jean, Pierre, ”, Janet Yellen, Lifeng, Tsai Ing, Nancy Pelosi's, ” Biden, Bill Scott, Janie Har, Ken Moritsugu Organizations: WASHINGTON, Economic Cooperation, White, APEC, U.S ., Biden, Communist Party, Democratic, U.S, Beijing, Senate Intelligence, Pentagon, San Francisco Police Department, Associated Press Locations: California, Taiwan, Asia, San Francisco, U.S, China, San Francisco Bay, Beijing, United States, North Korea, Pyongyang, Russia, Ukraine, Iran, Tehran, Israel, Bali , Indonesia, Taipei, American, South China, Philippines, States

☆ Is shoplifting getting worse? It depends on how you measure it.
▼ + stars: | 2023-11-10 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +4 min

While rates are up in New York and Los Angeles, they're down in Seattle and San Francisco. In short, the question of whether shoplifting is getting worse depends a lot on how you define "worse." New York and Los Angeles led the pack with the largest increases in shoplifting (more than 60%) from 2019 to 2023. AdvertisementAdvertisementIn other words, apart from New York and Los Angeles, shoplifting incidents are at or below levels long considered "normal" in the US. Target, for example, closed nine stores after CEO Brian Cornell said in August that shoplifting incidents "involving violence or threats of violence" had more than doubled since January.

Persons: they're, —, CCJ, Brian Cornell Organizations: Service, Seattle Locations: New York, Los Angeles, Seattle, San Francisco, Francisco

Search resuls for: "Francisco and"

25 mentions found