Hedge Fund That Bet Against GameStop Shuts Down
A London-based hedge fund that suffered losses betting against US retailer GameStop during the first meme stock rally in January is shutting its doors [Editor's note: the link may be paywalled; alternative source]. From a report: White Square Capital.....»»
COP28: A year after climate change funding breakthrough, poor countries eye disappointment at Dubai summit
At the COP27 summit in Sharm El-Sheikh, Egypt, an agreement to establish a loss and damage fund was hailed as a major breakthrough on one of the trickiest topics in the UN climate change negotiations. In an otherwise frustrating conference, this deci.....»»
After 14 years, chat website Omegle shuts down
Omegle, a once-popular online chat service known for connecting random users, has been permanently shut down. After 14 years, Omegle is dead. The chat website experienced a bit of a revival during the pandemic, but now it's gone offline for goo.....»»
No Apple Tax for environmental efforts applied to users, says Lisa Jackson
Apple's Lisa Jackson says that buyers do not pay an Apple tax in order to fund the company's work fighting climate change and making its products greener.Lisa JacksonWhile some reports say Apple's environmental efforts far exceed those of its rivals,.....»»
Protecto raises $4 million to empower enterprises with trusted AI
Protecto announced the close of a $4 million seed funding round. Together Fund led the round with participation from Better Capital, FortyTwo VC, Arali Ventures and Speciale Invest. The latest round brings the total raised to $5 million after Protect.....»»
Private companies fund most EV battery manufacturing investment, DOE says
As of September, there were 208 private sector investment announcements in American-made battery technologies — 89 percent of total investments......»»
Climate negotiators reach framework to aid vulnerable countries
Global climate negotiators reached a framework for a fund to help vulnerable nations deal with loss and damage from increasingly extreme weather, though the breakthrough was marred by sparring over exactly how the program would be funded......»»
1.6 million acres of Great Plains grasslands were destroyed in 2021 alone, World Wildlife Fund says
Over the course of 12 months, an area of Great Plains grasslands bigger than the state of Delaware was erased from the map......»»
Opinion: The World Bank and the IMF need to keep reforming to become fit for purpose
The World Bank and the International Monetary Fund are being challenged to make substantial reforms so that they become fit for purpose in the 21st century......»»
Sony unveils $10M Sony Innovation Fund for Africa
Sony Group announced today that it has established Sony Innovation Fund: Africa as an initiative to support African entertainment startups. Sony Group announced today that it has established Sony Innovation Fund: Africa as an initiative to suppor.....»»
Play these 3DS and Wii U games before Nintendo shutters their online features
From Super Smash Bros. to Kid Icarus Uprising, these Wii U and 3DS games will lose crucial features when Nintendo shuts down their online services in April......»»
"Roving sentinels" discover new air pollution sources
In 2019, University of Utah atmospheric scientists, the Environmental Defense Fund and other partners added a new tool to their quiver of air quality monitors—two Google Street View cars, Salt Lake Valley's roving sentinels that would detect hyper-.....»»
Taiwan cancels flights, shuts schools ahead of typhoon
Taiwan canceled flights and closed schools in parts of its southern region on Wednesday ahead of Typhoon Koinu's expected landfall, the second major storm to make a direct hit on the island in a month......»»
TikTok: Social media app shuts shop after Indonesia ban
The country's government banned the sale of goods on social media platforms to protect physical stores......»»
Detroit 3 continue to pay health benefits for striking workers
Having the companies continue to cover health benefits beyond their contractual obligations spares the UAW an additional drain on its strike fund and avoids a potential backlash......»»
UAW and Mack Trucks reach tentative deal to avoid strike
The temporary agreement must still be ratified by the UAW rank-and-file. Should the 4,000 Mack workers have gone on strike, it could have strained the UAW's $825 million strike fund......»»
Nexusflow raises $10.6 million to improve generative AI in cybersecurity
Nexusflow announced that it has raised a $10.6 million seed round led by Point72 Ventures, with participation from Fusion Fund and several AI luminaries in Silicon Valley. Nexusflow was founded by AI experts Professor Jiantao Jiao and Professor Kurt.....»»
Auto industry faced with more uncertainty if government shuts down
Congress needs to pass a spending bill before Sunday to avoid a shutdown. However, lawmakers remain at odds over the funding, with some House Republicans pushing for deep spending cuts that are unlikely to survive in the Democratic-controlled Senate......»»
Samsung plans $41M expansion of EV battery operations in Michigan
A $5 million performance-based grant, approved by the Michigan Strategic Fund board, was needed to keep the investment from going to Kokomo, Ind......»»
New study on how governments can fund radical ecological and social policies without GDP growth
According to a new study led by a researcher at Freie Universität Berlin's Otto Suhr Institute of Political Science, the level of gross domestic product (GDP) has no impact on the ability of states with monetary sovereignty to fund investments in ra.....»»
Rising number of "predatory" academic journals undermines research and public trust in scholarship
Taxpayers fund a lot of university research in the U.S., and these findings published in scholarly journals often produce major breakthroughs in medicine, vehicle safety, food safety, criminal justice, human rights and other topics that benefit the p.....»»