Melvin Capital, Hedge Fund Torpedoed By the GameStop Frenzy, is Shutting Down
Melvin Capital, the hedge fund run by Gabe Plotkin that struggled with heavy losses last year as it reeled from wrong-way bets on GameStop, is shutting down, according to a letter sent to investors on Wednesday that was reviewed by The New York Times.....»»
COP29 hosts urge fossil fuel majors to donate to climate fund
Azerbaijan said Friday it hopes to raise money from fossil fuel producers for green projects in developing countries as the petro-state prepares to host the world's most important climate summit......»»
Washington DC among US cities most vulnerable to space weather, scientists say
Several cities in the United States—including the nation's capital—have power grids particularly vulnerable to the threat of space weather—but experts are still trying to understand why......»»
Negative sentiment in environmental advocacy emails found to boost engagement
People find it hard to resist negative messages. A recent University of Michigan study reveals that recipients are more likely to engage with emails containing negative sentiment sent by the Environmental Defense Fund, a U.S. based nonprofit organiza.....»»
Pindrop secures $100 million to further develop its audio, voice, and AI technologies
Pindrop announced it has secured $100 million in debt financing from Hercules Capital. This significant funding will enable Pindrop to further develop its audio, voice, and AI technologies, enhancing its offerings for customers in the banking, financ.....»»
This is your last chance to get some heavily discounted Xbox 360 games
Microsoft is shutting down the Xbox 360 store on July 29, but is making it easy to fill up your library......»»
Kandji announces $100M funding round to continue Apple endpoint management expansion in the enterprise
Kandji, an Apple endpoint management and security platform, has announced that it has raised $100 million in capital from General Catalyst. Of this $100 million, $50 million is allocated to equity financing and $50 million for go-to-market expansion.....»»
Apple announces Bay Area Housing Innovation Fund to create more affordable homes
Apple has announced the launch of a new Bay Area Housing Innovation Fund, intended to help the creation of more affordable homes in and around San Francisco. It’s the latest phase of the company’s multi-year initiative to help tackle the Calif.....»»
Kandji announces $100M Series D round to continue Apple endpoint management expansion in the enterprise
Kandji, an Apple endpoint management and security platform, has announced that it has raised $100 million in capital from General Catalyst. Of this $100 million, $50 million is allocated to equity financing for its Series D and $50 million for go-to-.....»»
Hundreds more Californians get housing with Apple"s help
Apple is continuing its investment in affordable housing in California with a new partnership that aims to fund new developments in San Francisco.Render of a proposed new housing development in San Francisco, backed by Apple. (Source: Apple)Apple has.....»»
How a "social good" firm is defined can impact its value creation and value capital
Ventures that pursue both commercial and social value creation have grown in popularity in recent years, but a study published in the Strategic Entrepreneurship Journal better defines four distinct types of social ventures. By training a business mod.....»»
Crucial farm jobs dry up in drought-stricken Morocco
In a sun-baked village north of Morocco's capital Rabat, Mustapha Loubaoui and other itinerant workers wait idly by the roadside for farm work made scarce by a six-year drought......»»
Warren Buffett Recommends This Magnificent Index Fund. It Could Turn $500 Per Month Into $986,900
Warren Buffett Recommends This Magnificent Index Fund. It Could Turn $500 Per Month Into $986,900.....»»
Beryl is just the latest disaster to strike the energy capital of the world
It's pretty weird to use something I've written about in the abstract for so long. Enlarge / Why yes, that Starlink dish is precariously perched to get around tree obstructions. (credit: Eric Berger) I'll readily grant.....»»
OpenAI thinks a medical chatbot is the future of health care
Andrew Martonik / Digital Trends In a Time op-ed published Sunday, OpenAI co-founder and Huffington Post founder Arianna Huffington announced they are teaming up to fund development of an “AI health coach” via the Thrive AI Health startup. The di.....»»
When it comes to sustainability reporting, it depends on how serious companies are about making change
Companies are facing pressure to become more open about how they do business. With income inequality, governance failures and the mismanagement of natural resource capital threatening both society and the environment, there are growing calls for more.....»»
GameStop investor retracts suit accusing Roaring Kitty of pump-and-dump scheme
Roaring Kitty was briefly accused of deceiving his meme stock army. Enlarge (credit: jetcityimage | iStock Editorial / Getty Images Plus) Keith Gill—the meme stock influencer known as "Roaring Kitty" and "DeepF—Value.....»»
Google Chrome’s plan to limit ad blocking extensions kicks off next week
Chrome's Manifest V3 transition is here. First up are warnings for any V2 extensions. Enlarge / Someone really likes Google Chrome. (credit: Isaac Bowen / Flickr) Google Chrome will be shutting down its older, more capab.....»»
A risky path to meeting climate targets for Stockholm
The Swedish capital Stockholm aims to capture more carbon dioxide than is emitted by 2030. Therefore, the city is investing in new technology at a combined heat and power plant. But it is a strategy that has been adopted without sufficient discussion.....»»
Google is killing off the messaging service inside Google Maps
Google Maps has had its own chat platform since 2018, but it's shutting down in July. Whether you want to call it "Google Business Messaging" or "Google Business Profile Chat,.....»»
Delhi temperature hits highest ever in India: weather bureau
Temperatures in India's capital soared to a national record-high of 52.3 degrees Celsius (126.1 Fahrenheit) on Wednesday, figures from the government's weather bureau showed, as it warned of dangerous heat levels in the sprawling megacity......»»