KKR closes $15 billion fund targeting consumption and urbanization in Asia
KKR has just closed $15 billion for its Asia-focused private equity fund, exceeding its original target size after receiving “strong support” from new and existing global investors, including those in the Asia Pacific region. The new clos.....»»
Apple backs out of backing OpenAI, report claims
Apple dropped out of the $6.5 billion investment round at the 11th hour. Enlarge / The Apple Park campus in Cupertino, California. (credit: Anadolu Agency | Getty) A few weeks back, it was reported that Apple was explori.....»»
Study finds about 40% of public supports rationing measures to fight climate change
Rationing of goods such as meat and fuel can both effectively and fairly reduce consumption with high climate impact. Almost 40% of the public say they could accept such measures. These are the findings of new research from the Climate Change Leaders.....»»
New method achieves first-ever imaging of pathogens on lettuce leaves in real-time
As the global population surpasses 8 billion, the challenge of producing sufficient food becomes increasingly pressing. The Netherlands stands as the world's second-largest food exporter, efficiently cultivating a wide variety of crops. However, plan.....»»
Where flood policy helps most—and where it could do more
Flooding, including the devastation caused recently by Hurricane Helene, is responsible for $5 billion in annual damages in the U.S. That's more than any other type of weather-related extreme event......»»
Nio secures $1.9 billion injection from parent, shareholders
A cash burn has triggered analysts’ concerns, and Nio, which has never been profitable, reported a 4.5 billion yuan second-quarter loss, though sales surged to 17.5 billion yuan......»»
Workplace well-being programs often don"t work—but here"s how to make them better
The World Health Organization (WHO) has just published alarming statistics showing that employee mental health issues result in a US$1 trillion (£747 billion) loss in productivity each year. The WHO has called on employers to take urgent action by i.....»»
ChatGPT subscription cost could potentially double in a few years; OpenAI raising $7 billion
According to a report from The New York Times, OpenAI is planning on gradually increasing the price of ChatGPT+ over the course of the next five years. This information was obtained from internal documents that are being circulated to potential inves.....»»
Apple not investing in OpenAI after all, new report says
Apple is no longer planning to invest in OpenAI, according to a new report from The Wall Street Journal. This comes as OpenAI plans to close a $6.5 billion funding round next week, with investments possible from both Microsoft and Nvidia. more….....»»
BMW recalls more cars over new issue with Continental"s brakes
The action highlights fresh issues with Continental parts after BMW was forced to recall 1.5 million vehicles over an electric component fault that may cost the automaker $1.11 billion to fix.....»»
Grocery stores that donate expiring food instead of price discounting or discarding make higher profits, says researcher
All major supermarkets and retailers that sell groceries, such as Kroger, Walmart and Costco, give large amounts of food to food banks and pantries. In 2022, retailers donated close to 2 billion pounds of food across the United States, which amounted.....»»
New research offers fresh hope to curb illegal orchid trafficking in Vietnam
Orchids, with their captivating beauty, have become a multi-billion-dollar industry. Unfortunately, many species are on the brink of extinction, particularly in Vietnam, due to unsustainable wild harvesting and minimal enforcement of laws restricting.....»»
Hurricanes, storms, typhoons... Is September wetter than usual?
With typhoon Yagi battering Asia, storm Boris drenching parts of Europe, extreme flooding in the Sahel and hurricane Helene racing towards Florida, September so far has been a very wet month......»»
‘That’s weird’: This galaxy could help astronomers understand the earliest stars
Astronomers using the James Webb Space Telescope have spotted a weird galaxy that originated just a billion years after the Big Bang......»»
Climate scientists sound alarm over Asia"s rising seas
Immediate action is needed at all levels to protect communities in the Asia Pacific from sea levels that are rising significantly faster than the global average, say climate scientists ahead of the next key UN climate summit......»»
Editorial: Ugly presidential politics, not national security, blocking U.S. Steel acquisition by Nippon Steel
Nippon Steel's proposed $14.9 billion acquisition of U.S. Steel has been wrongly sidetracked by presidential politics. It should be approved......»»
Can the "hard steps" in the evolutionary history of human intelligence be recast with geological thresholds?
What took so long for humans to appear on Earth? The Earth is 4.6 billion years old, and life began about 4 billion years ago, yet humans—the only intelligent, technological species we know of in the universe—have existed only for the last 200,0.....»»
Microchip can save millions of liters of milk from going down the drain
Large amounts of the food we produce do not end up in our stomachs, but in landfills, sewers, or elsewhere. According to the UN, in 2022, this was the fate of 1.05 billion tons of food, which ended up as food waste—corresponding to approximately 13.....»»
Transportation, logistics companies targeted with lures impersonating fleet management software
Financially motivated threat actors are targeting North American companies in the transportation and logistics sector with tailored lures, info-stealing malware, and a clever new trick. How the attack unfolds According to Proofpoint threat researcher.....»»
How to watch SpaceX’s Crew-9 launch to the ISS on Thursday
SpaceX and NASA are targeting Thursday for the launch of the Crew-9 mission to the space station, though a storm in the area could cause a delay......»»
White House picks Monroe Capital to develop $1 billion fund for auto suppliers
The fund will help smaller firms along the supply chain gain access to capital in what is an underserved market in finance, despite being a trillion-dollar industry, CEO Theodore Koenig said......»»