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Crypto VC Funding Picks Up As Investors Target Infrastructure, DePINs, And Decentralized AI - Forbes - Oct 1, 2024
| From | TradeBriefs <[email protected]> |
| Subject | Crypto VC Funding Picks Up As Investors Target Infrastructure, DePINs, And Decentralized AI - Forbes - Oct 1, 2024 |
| Date | October 1, 2024 2:11 AM |
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-------------------------
- The top 25 stories curated by editors and fellow readers!
From the Editor's Desk
Kashmir Holds First Regional Elections Since Losing Statehood -
Foreign Policy
As the northern Indian region of Jammu and Kashmir heads to the polls
for its first regional-level elections in nearly a decade, voters and
candidates alike are still feeling the political hangover from Prime
Minister Narendra Modi’s 2019 decision to revoke the region’s
special autonomous status.
In August 2019, the Indian government scrapped Article 370 of the
Indian Constitution, reducing the former state of Jammu and Kashmir to
two union territories—Jammu and Kashmir and Ladakh—and bringing
them under the direct control of New Delhi. The decision, a watershed
in the region’s troubled history, sparked outrage. It also marked a
shift in how India intended to govern Kashmir, which remains disputed
territory with Pakistan.
Continued here [[link removed]}&lead=419599&emailid=72152&nl=daily]
_TradeBriefs: Newsletters for Decision-Makers!_
Work
Crypto VC Funding Picks Up As Investors Target Infrastructure, DePINs,
And Decentralized AI - Forbes [[link removed]}&lead=419599&emailid=72152&nl=daily]
After a sluggish 2023, crypto venture capital is slowly bouncing back.
As of July 2024, over $2.2 billion has been raised across 24 funds,
according to data from PitchBook, putting the market on track to
surpass last years $2.6 billion total.
India
Will Sensex touch the coveted 1,00,000 mark early next year? Experts
weigh in | Business Insider India
[[link removed]}&lead=419599&emailid=72152&nl=daily]
In just the past year, Sensex has delivered returns worth
30.62%. Despite the ongoing, sturdy momentum, many experts think it is
unlikely that Sensex will breach the 1L mark anytime soon next year.
Most experts anticipate that Sensex will comfortably hit this
milestone within the next 2 years, i.e. by 2026.
India
Max Estates sells Rs 4,100 cr worth properties within 1 month in
Gurugram
[[link removed]}&lead=419599&emailid=72152&nl=daily]
"Within 30 days of the launch, Estate 360 has garnered a pre-sales
booking value of around Rs 4,100 crore surpassing the guidance of
around 4,000 crore provided by the company for FY'25," Max Estates
said in a statement.
India
Sebi board gives approval for new asset class, MF Lite regulations
[[link removed]}&lead=419599&emailid=72152&nl=daily]
Doesn't discuss charges against Buch, takes up staff protest
India
Care Health Insurance shareholders approve Rashmi Saluja's
reappointment
[[link removed]}&lead=419599&emailid=72152&nl=daily]
Rashmi Saluja: Kedaara Capital votes against Saluja's reappointment
India
Afcons Infrastructure likely to opt for Rs 4,000 cr pre-IPO placement
[[link removed]}&lead=419599&emailid=72152&nl=daily]
Pre-IPO placements occur after filing the offer document. The amount
raised through this route results in a reduction of the IPO size to
that extent
India
Sebi likely to maintain status quo on largecap stock pool expansion
[[link removed]}&lead=419599&emailid=72152&nl=daily]
Largecap, Midcap Mutual Funds: SEBI Board Meeting: Plan to add more
stocks shelved citing 20% midcap, smallcap investment legroom with
largecap funds, say sources
India
Care Health stands firm: Burman family's bid to oust Rashmi Saluja as
chairperson rejected
[[link removed]}&lead=419599&emailid=72152&nl=daily]
The Burman family’s attempt to consolidate control over REL follows
their open offer to acquire an additional 26% stake in the company, a
move that has triggered heightened tensions within the boardroom.
REL’s controlling stake in CARE, combined with the ongoing legal
disputes, underscores the growing friction between Saluja’s
leadership and the Burman family’s strategic aspirations.
India
'This kind of grinding is a toxic work culture': Netizens react after
Bengaluru AI startup co-founder says he works for 18-hour everyday
[[link removed]}&lead=419599&emailid=72152&nl=daily]
After receiving a lot of criticism, Tushar decided to delete the post,
admitting it may have conveyed the wrong message. He explained that he
didn’t intend to promote an unhealthy work ethic but that running a
startup with limited resources often leaves them with few choices. In
a follow-up, Tushar said, “Many of you expressed concern for our
health and work-life balance. We appreciate your responses. No one
wants to work non-stop for months, but sometimes it's unavoidable when
resources are scarce.”
India
Ex-Google employee's quirky CV includes Mia Khalifa, vodka shots, gets
calls from 29 top firms
[[link removed]}&lead=419599&emailid=72152&nl=daily]
Second, Jerry Lee emphasized the importance of highlighting measurable
achievements. He said, "Big names catch eyes, but don’t stress if
you haven’t worked at a major company—what really matters is that
your accomplishments stand out." He encouraged job seekers to focus on
the skills they offer, no matter where they gained them. Finally, Lee
pointed out the need for a simple and organized resume. He explained,
"Recruiters appreciate a clear, well-structured format because they
can quickly find the information they need."
India
'Take care of mummy, papa...never asked for anything': Bajaj Finance
employee dies by suicide due to toxic work culture, unrelenting stress
[[link removed]}&lead=419599&emailid=72152&nl=daily]
The Chairman of EY India acknowledged the discussions surrounding the
company's work practices on social media. He emphasized, "The
well-being of our people is my top-most priority, and I will
personally champion this objective. I am fully committed to fostering
a harmonious workplace and will not rest until this goal is achieved,"
he declared in a LinkedIn post. Amid the backlash prompted by the
letter, the Union Labour Ministry has initiated an investigation into
the circumstances surrounding her daughter's tragic passing.
Work
US faces potential double whammy hurricane after Helene battering
[[link removed]}&lead=419599&emailid=72152&nl=daily]
Meteorologists have warned that they are keeping a close eye on two
weather systems "in the eastern tropical Atlantic," one of which "has
a high (80 percent) chance" of developing into a tropical cyclone
within a week, according to the National Hurricane Center (NHC).
Another weather disturbance in the west Caribbean has a "medium (50
percent)" chance of becoming a tropical depression (a tropical cyclone
with maximum winds of 38 mph) and the U.S. Gulf Coast "should monitor
its progress," the NHC warned.
Work
Israeli Tanks Mass on Lebanon Border
[[link removed]}&lead=419599&emailid=72152&nl=daily]
Hundreds of Israeli tanks are massing along the Lebanese border as
fears rise of a ground invasion into the country. The Israel Defense
Forces also announced that it has mobilized two reserve brigades for
its operations on the Northern border.
Work
In Brazil, X Backs Off Censorship Claims - Inc.com
[[link removed]}&lead=419599&emailid=72152&nl=daily]
In a major climbdown, Elon Musk's X told Brazil's Supreme Court it had
complied with orders to stop the spread of misinformation and asked a
judge to lift a ban on the platform, according to a document seen by
Reuters.
Work
The astrophysicist unravelling the origins of supermassive black holes
- New Scientist [[link removed]}&lead=419599&emailid=72152&nl=daily]
Supermassive black holes are, as you might expect, rather large
millions and sometimes billions of times as massive as the sun. They
lurk at the centre of all large galaxies, including our Milky Way,
shaping the growth of these cosmic structures. And yet we can say
precious little for certain about how they form and why they grow so
big.
Work
5 Ways to Ask Your Boss to Advocate for You - Harvard Business Review
[[link removed]}&lead=419599&emailid=72152&nl=daily]
In an ideal world, higher-ups would instinctively and unquestioningly
champion your efforts. But the truth is, your supervisor is busy
juggling multiple priorities and your project may have slipped their
mind. Many leaders simply dont recognize when their advocacy is
needed, how impactful it can be, or the obstacles youre facing. So how
do you manage up and ask for the help you need? There are five
strategies you can try: 1) Highlight whats in it for them 2) Offer
specific ideas 3) Give your boss a spiel 4) Implement a weekly win
routine 5) Leverage reciprocity.
Work
Has Social Media Fuelled a Teen-Suicide Crisis? - The New Yorker
[[link removed]}&lead=419599&emailid=72152&nl=daily]
Lori and Avery Schott wondered about the right age for their three
children to have smartphones. For their youngest, Annalee, they
settled on thirteen. Theyd held her back in school a year, because she
was small for her age and struggled academically. Shed been adopted
from a Russian orphanage when she was two, and they thought that she
might possibly have mild fetal alcohol syndrome. Anna was very
literal, Lori told me when I visited the family home. If you said, Go
jump in a lake, shed go, Why would he jump in the lake?
Work
Laurene Powell Jobs is betting on these AI startups
[[link removed]}&lead=419599&emailid=72152&nl=daily]
Emerson went on to invest in AI startups around the world, including a
$4.6 million seed round for Norway's Curipod, which helps teachers
create interactive lessons, and a $415 million Series A round for
Mistral, the French maker of large language models.
Work
What Nvidia CEO Jensen Huang told the founder of this Google rival
after investing in his startup
[[link removed]}&lead=419599&emailid=72152&nl=daily]
Three times each week, Yahoo Finance Executive Editor Brian Sozzi
fields insight-filled conversations and chats with the biggest names
in business and markets on Opening Bid. You can find more episodes on
our video hub or watch on your preferred streaming service.
Work
A radiopharmaceuticals startup raises $175 million
[[link removed]}&lead=419599&emailid=72152&nl=daily]
CRISPR player Arbor Biotechnologies recently downsized, and cofounder
Winston Yan wrote in a LinkedIn post that he’s looking to help his
employees find new roles. The news comes as the biotech industry
experiences a wave of layoffs.
Work
These remote workers moved to Portugal for work-life balance. Is their
life as fun as it looks?
[[link removed]}&lead=419599&emailid=72152&nl=daily]
Theres a pressure that you feel as an American, and in LA, I certainly
felt like I needed to work as much as possible, either to make my rent
or buy Whole Foods, and so my quality of life really suffered there,
Mascardo, 42, said.
Work
Trump, No Stranger to Playing Storm Politics, Visits a Battered
Georgia
[[link removed]}&lead=419599&emailid=72152&nl=daily]
Mr. Trump, who wore a red “Make America Great Again” cap along
with his trademark blue suit and long red tie, added: “I guess, uh,
they’re not, they’re not being responsive. The federal government
is not being responsive.”
Work
Pentagon Sends Additional Troops to the Middle East
[[link removed]}&lead=419599&emailid=72152&nl=daily]
On Sunday, Defense Secretary Lloyd J. Austin III warned that “should
Iran, its partners or its proxies use this moment to target American
personnel or interests in the region, the United States will take
every necessary measure to defend our people,” according to a
Pentagon statement.
Work
Biden Expands Asylum Restrictions at the Southern Border
[[link removed]}&lead=419599&emailid=72152&nl=daily]
While the border numbers have fallen precipitously since June, critics
say Mr. Biden’s executive actions not only violate the law but also
go against the traditional American promise of allowing anyone who
steps foot on U.S. soil the opportunity to seek protection.
Work
Trump Golf Course Suspect Pleads Not Guilty
[[link removed]}&lead=419599&emailid=72152&nl=daily]
The case was assigned to United States District Judge Aileen M.
Cannon, the same judge who presided last year over the federal
prosecution of Mr. Trump involving the mishandling of classified
documents and obstruction of the government’s attempts to retrieve
them. Judge Cannon dismissed that case this summer, a decision the
Justice Department has appealed.
Work
In Iowa, Democrats Count on Backlash to Abortion Law to Bolster Bids
for Congress
[[link removed]}&lead=419599&emailid=72152&nl=daily]
At campaign stops and canvassing events and in television ads, they
are hoping to harness a backlash to a law that took effect in Iowa in
July banning most abortions after about six weeks of pregnancy to
target Republican incumbents who have opposed abortion rights. In
addition to Mr. Nunn, who once said he believed that all abortions
should be illegal in the United States, they are targeting
Representative Mariannette Miller-Meeks, who in her first term in
Congress cosponsored a bill that would effectively outlaw abortions by
giving embryos constitutional rights.
Work
TikTok's owner will Huawei chips for a new AI model as China cracks
down on Nvidia
[[link removed]}&lead=419599&emailid=72152&nl=daily]
The Chinese government, meanwhile, is encouraging tech companies to
buy AI chips from local companies, and become less dependent on
Nvidia, Bloomberg reported. Nvidia has developed three AI chips for
the Chinese market in compliance with export controls, including the
H20, which ByteDance has ordered hundreds of thousands of.
Work
A port strike has already hit Canada as the U.S. braces for its own
massive walkouts
[[link removed]}&lead=419599&emailid=72152&nl=daily]
On Thursday, the United States Maritime Alliance filed an unfair labor
practice charge and requested the National Labor Relations Board
require the union to resume bargaining. In response, the ILA slammed
the charge as “another publicity stunt.”
Work
Super Micro Computer's big stock split is today. Here's what to know
[[link removed]}&lead=419599&emailid=72152&nl=daily]
Following these accusations, Super Micro’s stock price took a
significant hit. The company refuted the claims, stating that the
report contained misleading and inaccurate information and that it
would address the allegations in due course.
Work
American car prices could spike and sales could slump thanks to
Biden's ban on Chinese EVs
[[link removed]}&lead=419599&emailid=72152&nl=daily]
The rules are being drawn up by the Biden administration in an attempt
to reduce “the chance of a catastrophic attack,” reports Reuters.
Without Chinese software and hardware in our cars, the American people
would reportedly be safe from data thefts and “remote manipulation
of connected vehicles,” the site explains.
Work
Dogecoin, Shiba Inu, Pepe, Solana, and more: Cryptocurrencies to watch
this week
[[link removed]}&lead=419599&emailid=72152&nl=daily]
XRP has been surging in response to a new project from Ripple, the
blockchain technology company behind the cryptocurrency. Ripple is
preparing to launch a stablecoin called RLUSD, which will be pegged
1:1 with the US dollar. The stablecoin will be fully backed by US
dollar deposits, short-term US government treasuries, and other cash
equivalents. Ripple’s president, Monica Long, recently suggested
that the official launch of RLUSD could happen before the end of 2024.
Work
Mark Cuban warns Elon Musk: Donald Trump will betray you
[[link removed]}&lead=419599&emailid=72152&nl=daily]
Cuban — who has signed at least two pledges to support Harris, one
featuring prominent former and current business executives and another
designed for venture capitalists — has promoted Harris as staunchly
pro-business and a political moderate. Her economic plan, according to
Goldman Sachs (GS), would be a boon to the U.S. economy, thanks to new
spending and tax credits aimed at middle-income Americans.
Work
Hertz is selling EVs at big discounts
[[link removed]}&lead=419599&emailid=72152&nl=daily]
The rental giant originally planned to purchase thousands of EVs from
GM as part of its push to make its rental fleet electric
Work
F.T.C. Clears Chevron's Purchase of Hess With Board Condition
[[link removed]}&lead=419599&emailid=72152&nl=daily]
In this case, the F.T.C. called out the chief executive of Hess, John
B. Hess, for praising the Organization of the Petroleum Exporting
Countries, a foreign cartel that coordinates oil output in ways that
would be illegal in the United States.
Work
DirecTV Strikes Deal to Acquire Dish Network
[[link removed]}&lead=419599&emailid=72152&nl=daily]
The deal would create one of the largest pay-TV providers in the
United States. Dish has roughly 8.1 million subscribers, according to
the analyst firm MoffettNathanson, and DirecTV has about 11 million
U.S. subscribers. Comcast, a cable heavyweight, has roughly 13.2
million video subscribers.
Work
We Tried to Shop Our Way to Cheaper Car Insurance. It Didn't Work.
[[link removed]}&lead=419599&emailid=72152&nl=daily]
We started with our current insurance companies and began by making
sure we understood our existing coverage. This wasn’t easy; Ron made
a spreadsheet with 24 lines on it, representing all the features of
the USAA policy for his 2021 Toyota RAV4 Prime.
Work
Israel Conducted Raids in Lebanon
[[link removed]}&lead=419599&emailid=72152&nl=daily]
Israel’s cabinet also met this evening to discuss whether and when
to launch a major ground operation in southern Lebanon, which would be
Israel’s first there in nearly two decades. American officials said
that they believed that the invasion would be a limited one.
Work
Corn futures climb on USDA report showing lower than expected stocks
(NYSEARCA:CORN)
[[link removed]}&lead=419599&emailid=72152&nl=daily]
U.S. corn futures surged after the USDA reported lower-than-expected
grain stocks.
Work
Systems used by courts and governments across the US riddled with
vulnerabilities [[link removed]}&lead=419599&emailid=72152&nl=daily]
CNMN Collection WIRED Media Group © 2024 Condé Nast. All rights
reserved. Use of and/or registration on any portion of this site
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Privacy Policy and Ars Technica Addendum. Ars may earn compensation on
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California Privacy Rights | Do Not Sell My Personal Information The
material on this site may not be reproduced, distributed, transmitted,
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Condé Nast.Ad Choices
Work
Verizon customers face mass-scale outage across the US
[[link removed]}&lead=419599&emailid=72152&nl=daily]
CNMN Collection WIRED Media Group © 2024 Condé Nast. All rights
reserved. Use of and/or registration on any portion of this site
constitutes acceptance of our User Agreement (updated 1/1/20) and
Privacy Policy and Ars Technica Addendum. Ars may earn compensation on
sales from links on this site. Read our affiliate link policy.Your
California Privacy Rights | Do Not Sell My Personal Information The
material on this site may not be reproduced, distributed, transmitted,
cached or otherwise used, except with the prior written permission of
Condé Nast.Ad Choices
Work
American man pleads guilty in Moscow court to charge of fighting for
Ukraine
[[link removed]}&lead=419599&emailid=72152&nl=daily]
In June 2022, two American men were captured by Russian-backed
separatist forces in Donbas while fighting alongside Ukrainian forces
during a battle north of Kharkiv. The men were later released along
with five British citizens as part of a prisoner swap between Russia
and Ukraine that was brokered by Saudi Arabia.
Work
Exclusive: 11x.ai, a developer of AI sales reps, has raised $50M
Series B led by A16Z, sources say
[[link removed]}&lead=419599&emailid=72152&nl=daily]
Raspberry Pi, the company that sells tiny, cheap, single-board
computers, is releasing an add-on that is going to open up several use
cases — and yes, because it’s 2024, there’s an…
Work
Exclusive: Series, a GenAI game development platform, has quietly
raised $28M from Netflix, Dell, a16z, others
[[link removed]}&lead=419599&emailid=72152&nl=daily]
Raspberry Pi, the company that sells tiny, cheap, single-board
computers, is releasing an add-on that is going to open up several use
cases — and yes, because it’s 2024, there’s an…
Work
AI reading coach startup Ello now lets kids create their own stories |
TechCrunch
[[link removed]}&lead=419599&emailid=72152&nl=daily]
With over 700,000 books read and tens of thousands of families served,
Ello is priced at $14.99/month. Meanwhile, families receiving
government assistance can access it for just $2.99/month. Ello also
partners with low-income schools to offer the subscription at no
additional cost.
Work
Beta Technologies unveils first passenger carrying electric aircraft |
TechCrunch
[[link removed]}&lead=419599&emailid=72152&nl=daily]
Raspberry Pi, the company that sells tiny, cheap, single-board
computers, is releasing an add-on that is going to open up several use
cases — and yes, because it’s 2024, there’s an…
Work
Airship wants to build better sales tools for HVAC contractors |
TechCrunch
[[link removed]}&lead=419599&emailid=72152&nl=daily]
Raspberry Pi, the company that sells tiny, cheap, single-board
computers, is releasing an add-on that is going to open up several use
cases — and yes, because it’s 2024, there’s an…
Work
Bank of America Says These 5 Stocks Could Benefit from Rising Power
Demand
[[link removed]}&lead=419599&emailid=72152&nl=daily]
The analysts said that they have targeted those five companies because
the regions they cover— Texas, the Southwest, the Northwest, and
the 14 states in the Southwest Power Pool—are likely to have the
greatest growth rates. Shares of all five are higher year-to-date.
Work
Rare Florida Fossil Finally Ends Debate About How Porcupine Jaws and
Tails Evolved - Discover Magazine [[link removed]}&lead=419599&emailid=72152&nl=daily]
A rare, nearly complete fossil of an extinct North American porcupine
helped me and my colleagues solve a decades-long debate about how the
modern North American porcupine evolved from its ancestors.
Work
An Overwhelming Amount of Plastic Water Bottles - Scientific American
[[link removed]}&lead=419599&emailid=72152&nl=daily]
Rachel Feltman: Happy Monday, listeners! And happy autumn. I hope
youre enjoying some lovely crisp sweater weather wherever you are
right now. For Scientific Americans Science Quickly, Im Rachel
Feltman. Youre listening to our weekly science news roundup. But
before we get into some of the science stories you might have missed
last week, weve actually got a special little segment to share with
you so lets just dive right in.
Work
California Bans Legacy Preferences at Private Universities
[[link removed]}&lead=419599&emailid=72152&nl=daily]
Schools with legacy preferences have argued that they have not
compromised their high standards and that children of alumni who are
admitted are highly qualified, or they would not have been accepted.
TradeBriefs Publications are read by over 100,000 Industry Executives
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-------------------------
- The top 25 stories curated by editors and fellow readers!
From the Editor's Desk
Kashmir Holds First Regional Elections Since Losing Statehood -
Foreign Policy
As the northern Indian region of Jammu and Kashmir heads to the polls
for its first regional-level elections in nearly a decade, voters and
candidates alike are still feeling the political hangover from Prime
Minister Narendra Modi’s 2019 decision to revoke the region’s
special autonomous status.
In August 2019, the Indian government scrapped Article 370 of the
Indian Constitution, reducing the former state of Jammu and Kashmir to
two union territories—Jammu and Kashmir and Ladakh—and bringing
them under the direct control of New Delhi. The decision, a watershed
in the region’s troubled history, sparked outrage. It also marked a
shift in how India intended to govern Kashmir, which remains disputed
territory with Pakistan.
Continued here [[link removed]}&lead=419599&emailid=72152&nl=daily]
_TradeBriefs: Newsletters for Decision-Makers!_
Work
Crypto VC Funding Picks Up As Investors Target Infrastructure, DePINs,
And Decentralized AI - Forbes [[link removed]}&lead=419599&emailid=72152&nl=daily]
After a sluggish 2023, crypto venture capital is slowly bouncing back.
As of July 2024, over $2.2 billion has been raised across 24 funds,
according to data from PitchBook, putting the market on track to
surpass last years $2.6 billion total.
India
Will Sensex touch the coveted 1,00,000 mark early next year? Experts
weigh in | Business Insider India
[[link removed]}&lead=419599&emailid=72152&nl=daily]
In just the past year, Sensex has delivered returns worth
30.62%. Despite the ongoing, sturdy momentum, many experts think it is
unlikely that Sensex will breach the 1L mark anytime soon next year.
Most experts anticipate that Sensex will comfortably hit this
milestone within the next 2 years, i.e. by 2026.
India
Max Estates sells Rs 4,100 cr worth properties within 1 month in
Gurugram
[[link removed]}&lead=419599&emailid=72152&nl=daily]
"Within 30 days of the launch, Estate 360 has garnered a pre-sales
booking value of around Rs 4,100 crore surpassing the guidance of
around 4,000 crore provided by the company for FY'25," Max Estates
said in a statement.
India
Sebi board gives approval for new asset class, MF Lite regulations
[[link removed]}&lead=419599&emailid=72152&nl=daily]
Doesn't discuss charges against Buch, takes up staff protest
India
Care Health Insurance shareholders approve Rashmi Saluja's
reappointment
[[link removed]}&lead=419599&emailid=72152&nl=daily]
Rashmi Saluja: Kedaara Capital votes against Saluja's reappointment
India
Afcons Infrastructure likely to opt for Rs 4,000 cr pre-IPO placement
[[link removed]}&lead=419599&emailid=72152&nl=daily]
Pre-IPO placements occur after filing the offer document. The amount
raised through this route results in a reduction of the IPO size to
that extent
India
Sebi likely to maintain status quo on largecap stock pool expansion
[[link removed]}&lead=419599&emailid=72152&nl=daily]
Largecap, Midcap Mutual Funds: SEBI Board Meeting: Plan to add more
stocks shelved citing 20% midcap, smallcap investment legroom with
largecap funds, say sources
India
Care Health stands firm: Burman family's bid to oust Rashmi Saluja as
chairperson rejected
[[link removed]}&lead=419599&emailid=72152&nl=daily]
The Burman family’s attempt to consolidate control over REL follows
their open offer to acquire an additional 26% stake in the company, a
move that has triggered heightened tensions within the boardroom.
REL’s controlling stake in CARE, combined with the ongoing legal
disputes, underscores the growing friction between Saluja’s
leadership and the Burman family’s strategic aspirations.
India
'This kind of grinding is a toxic work culture': Netizens react after
Bengaluru AI startup co-founder says he works for 18-hour everyday
[[link removed]}&lead=419599&emailid=72152&nl=daily]
After receiving a lot of criticism, Tushar decided to delete the post,
admitting it may have conveyed the wrong message. He explained that he
didn’t intend to promote an unhealthy work ethic but that running a
startup with limited resources often leaves them with few choices. In
a follow-up, Tushar said, “Many of you expressed concern for our
health and work-life balance. We appreciate your responses. No one
wants to work non-stop for months, but sometimes it's unavoidable when
resources are scarce.”
India
Ex-Google employee's quirky CV includes Mia Khalifa, vodka shots, gets
calls from 29 top firms
[[link removed]}&lead=419599&emailid=72152&nl=daily]
Second, Jerry Lee emphasized the importance of highlighting measurable
achievements. He said, "Big names catch eyes, but don’t stress if
you haven’t worked at a major company—what really matters is that
your accomplishments stand out." He encouraged job seekers to focus on
the skills they offer, no matter where they gained them. Finally, Lee
pointed out the need for a simple and organized resume. He explained,
"Recruiters appreciate a clear, well-structured format because they
can quickly find the information they need."
India
'Take care of mummy, papa...never asked for anything': Bajaj Finance
employee dies by suicide due to toxic work culture, unrelenting stress
[[link removed]}&lead=419599&emailid=72152&nl=daily]
The Chairman of EY India acknowledged the discussions surrounding the
company's work practices on social media. He emphasized, "The
well-being of our people is my top-most priority, and I will
personally champion this objective. I am fully committed to fostering
a harmonious workplace and will not rest until this goal is achieved,"
he declared in a LinkedIn post. Amid the backlash prompted by the
letter, the Union Labour Ministry has initiated an investigation into
the circumstances surrounding her daughter's tragic passing.
Work
US faces potential double whammy hurricane after Helene battering
[[link removed]}&lead=419599&emailid=72152&nl=daily]
Meteorologists have warned that they are keeping a close eye on two
weather systems "in the eastern tropical Atlantic," one of which "has
a high (80 percent) chance" of developing into a tropical cyclone
within a week, according to the National Hurricane Center (NHC).
Another weather disturbance in the west Caribbean has a "medium (50
percent)" chance of becoming a tropical depression (a tropical cyclone
with maximum winds of 38 mph) and the U.S. Gulf Coast "should monitor
its progress," the NHC warned.
Work
Israeli Tanks Mass on Lebanon Border
[[link removed]}&lead=419599&emailid=72152&nl=daily]
Hundreds of Israeli tanks are massing along the Lebanese border as
fears rise of a ground invasion into the country. The Israel Defense
Forces also announced that it has mobilized two reserve brigades for
its operations on the Northern border.
Work
In Brazil, X Backs Off Censorship Claims - Inc.com
[[link removed]}&lead=419599&emailid=72152&nl=daily]
In a major climbdown, Elon Musk's X told Brazil's Supreme Court it had
complied with orders to stop the spread of misinformation and asked a
judge to lift a ban on the platform, according to a document seen by
Reuters.
Work
The astrophysicist unravelling the origins of supermassive black holes
- New Scientist [[link removed]}&lead=419599&emailid=72152&nl=daily]
Supermassive black holes are, as you might expect, rather large
millions and sometimes billions of times as massive as the sun. They
lurk at the centre of all large galaxies, including our Milky Way,
shaping the growth of these cosmic structures. And yet we can say
precious little for certain about how they form and why they grow so
big.
Work
5 Ways to Ask Your Boss to Advocate for You - Harvard Business Review
[[link removed]}&lead=419599&emailid=72152&nl=daily]
In an ideal world, higher-ups would instinctively and unquestioningly
champion your efforts. But the truth is, your supervisor is busy
juggling multiple priorities and your project may have slipped their
mind. Many leaders simply dont recognize when their advocacy is
needed, how impactful it can be, or the obstacles youre facing. So how
do you manage up and ask for the help you need? There are five
strategies you can try: 1) Highlight whats in it for them 2) Offer
specific ideas 3) Give your boss a spiel 4) Implement a weekly win
routine 5) Leverage reciprocity.
Work
Has Social Media Fuelled a Teen-Suicide Crisis? - The New Yorker
[[link removed]}&lead=419599&emailid=72152&nl=daily]
Lori and Avery Schott wondered about the right age for their three
children to have smartphones. For their youngest, Annalee, they
settled on thirteen. Theyd held her back in school a year, because she
was small for her age and struggled academically. Shed been adopted
from a Russian orphanage when she was two, and they thought that she
might possibly have mild fetal alcohol syndrome. Anna was very
literal, Lori told me when I visited the family home. If you said, Go
jump in a lake, shed go, Why would he jump in the lake?
Work
Laurene Powell Jobs is betting on these AI startups
[[link removed]}&lead=419599&emailid=72152&nl=daily]
Emerson went on to invest in AI startups around the world, including a
$4.6 million seed round for Norway's Curipod, which helps teachers
create interactive lessons, and a $415 million Series A round for
Mistral, the French maker of large language models.
Work
What Nvidia CEO Jensen Huang told the founder of this Google rival
after investing in his startup
[[link removed]}&lead=419599&emailid=72152&nl=daily]
Three times each week, Yahoo Finance Executive Editor Brian Sozzi
fields insight-filled conversations and chats with the biggest names
in business and markets on Opening Bid. You can find more episodes on
our video hub or watch on your preferred streaming service.
Work
A radiopharmaceuticals startup raises $175 million
[[link removed]}&lead=419599&emailid=72152&nl=daily]
CRISPR player Arbor Biotechnologies recently downsized, and cofounder
Winston Yan wrote in a LinkedIn post that he’s looking to help his
employees find new roles. The news comes as the biotech industry
experiences a wave of layoffs.
Work
These remote workers moved to Portugal for work-life balance. Is their
life as fun as it looks?
[[link removed]}&lead=419599&emailid=72152&nl=daily]
Theres a pressure that you feel as an American, and in LA, I certainly
felt like I needed to work as much as possible, either to make my rent
or buy Whole Foods, and so my quality of life really suffered there,
Mascardo, 42, said.
Work
Trump, No Stranger to Playing Storm Politics, Visits a Battered
Georgia
[[link removed]}&lead=419599&emailid=72152&nl=daily]
Mr. Trump, who wore a red “Make America Great Again” cap along
with his trademark blue suit and long red tie, added: “I guess, uh,
they’re not, they’re not being responsive. The federal government
is not being responsive.”
Work
Pentagon Sends Additional Troops to the Middle East
[[link removed]}&lead=419599&emailid=72152&nl=daily]
On Sunday, Defense Secretary Lloyd J. Austin III warned that “should
Iran, its partners or its proxies use this moment to target American
personnel or interests in the region, the United States will take
every necessary measure to defend our people,” according to a
Pentagon statement.
Work
Biden Expands Asylum Restrictions at the Southern Border
[[link removed]}&lead=419599&emailid=72152&nl=daily]
While the border numbers have fallen precipitously since June, critics
say Mr. Biden’s executive actions not only violate the law but also
go against the traditional American promise of allowing anyone who
steps foot on U.S. soil the opportunity to seek protection.
Work
Trump Golf Course Suspect Pleads Not Guilty
[[link removed]}&lead=419599&emailid=72152&nl=daily]
The case was assigned to United States District Judge Aileen M.
Cannon, the same judge who presided last year over the federal
prosecution of Mr. Trump involving the mishandling of classified
documents and obstruction of the government’s attempts to retrieve
them. Judge Cannon dismissed that case this summer, a decision the
Justice Department has appealed.
Work
In Iowa, Democrats Count on Backlash to Abortion Law to Bolster Bids
for Congress
[[link removed]}&lead=419599&emailid=72152&nl=daily]
At campaign stops and canvassing events and in television ads, they
are hoping to harness a backlash to a law that took effect in Iowa in
July banning most abortions after about six weeks of pregnancy to
target Republican incumbents who have opposed abortion rights. In
addition to Mr. Nunn, who once said he believed that all abortions
should be illegal in the United States, they are targeting
Representative Mariannette Miller-Meeks, who in her first term in
Congress cosponsored a bill that would effectively outlaw abortions by
giving embryos constitutional rights.
Work
TikTok's owner will Huawei chips for a new AI model as China cracks
down on Nvidia
[[link removed]}&lead=419599&emailid=72152&nl=daily]
The Chinese government, meanwhile, is encouraging tech companies to
buy AI chips from local companies, and become less dependent on
Nvidia, Bloomberg reported. Nvidia has developed three AI chips for
the Chinese market in compliance with export controls, including the
H20, which ByteDance has ordered hundreds of thousands of.
Work
A port strike has already hit Canada as the U.S. braces for its own
massive walkouts
[[link removed]}&lead=419599&emailid=72152&nl=daily]
On Thursday, the United States Maritime Alliance filed an unfair labor
practice charge and requested the National Labor Relations Board
require the union to resume bargaining. In response, the ILA slammed
the charge as “another publicity stunt.”
Work
Super Micro Computer's big stock split is today. Here's what to know
[[link removed]}&lead=419599&emailid=72152&nl=daily]
Following these accusations, Super Micro’s stock price took a
significant hit. The company refuted the claims, stating that the
report contained misleading and inaccurate information and that it
would address the allegations in due course.
Work
American car prices could spike and sales could slump thanks to
Biden's ban on Chinese EVs
[[link removed]}&lead=419599&emailid=72152&nl=daily]
The rules are being drawn up by the Biden administration in an attempt
to reduce “the chance of a catastrophic attack,” reports Reuters.
Without Chinese software and hardware in our cars, the American people
would reportedly be safe from data thefts and “remote manipulation
of connected vehicles,” the site explains.
Work
Dogecoin, Shiba Inu, Pepe, Solana, and more: Cryptocurrencies to watch
this week
[[link removed]}&lead=419599&emailid=72152&nl=daily]
XRP has been surging in response to a new project from Ripple, the
blockchain technology company behind the cryptocurrency. Ripple is
preparing to launch a stablecoin called RLUSD, which will be pegged
1:1 with the US dollar. The stablecoin will be fully backed by US
dollar deposits, short-term US government treasuries, and other cash
equivalents. Ripple’s president, Monica Long, recently suggested
that the official launch of RLUSD could happen before the end of 2024.
Work
Mark Cuban warns Elon Musk: Donald Trump will betray you
[[link removed]}&lead=419599&emailid=72152&nl=daily]
Cuban — who has signed at least two pledges to support Harris, one
featuring prominent former and current business executives and another
designed for venture capitalists — has promoted Harris as staunchly
pro-business and a political moderate. Her economic plan, according to
Goldman Sachs (GS), would be a boon to the U.S. economy, thanks to new
spending and tax credits aimed at middle-income Americans.
Work
Hertz is selling EVs at big discounts
[[link removed]}&lead=419599&emailid=72152&nl=daily]
The rental giant originally planned to purchase thousands of EVs from
GM as part of its push to make its rental fleet electric
Work
F.T.C. Clears Chevron's Purchase of Hess With Board Condition
[[link removed]}&lead=419599&emailid=72152&nl=daily]
In this case, the F.T.C. called out the chief executive of Hess, John
B. Hess, for praising the Organization of the Petroleum Exporting
Countries, a foreign cartel that coordinates oil output in ways that
would be illegal in the United States.
Work
DirecTV Strikes Deal to Acquire Dish Network
[[link removed]}&lead=419599&emailid=72152&nl=daily]
The deal would create one of the largest pay-TV providers in the
United States. Dish has roughly 8.1 million subscribers, according to
the analyst firm MoffettNathanson, and DirecTV has about 11 million
U.S. subscribers. Comcast, a cable heavyweight, has roughly 13.2
million video subscribers.
Work
We Tried to Shop Our Way to Cheaper Car Insurance. It Didn't Work.
[[link removed]}&lead=419599&emailid=72152&nl=daily]
We started with our current insurance companies and began by making
sure we understood our existing coverage. This wasn’t easy; Ron made
a spreadsheet with 24 lines on it, representing all the features of
the USAA policy for his 2021 Toyota RAV4 Prime.
Work
Israel Conducted Raids in Lebanon
[[link removed]}&lead=419599&emailid=72152&nl=daily]
Israel’s cabinet also met this evening to discuss whether and when
to launch a major ground operation in southern Lebanon, which would be
Israel’s first there in nearly two decades. American officials said
that they believed that the invasion would be a limited one.
Work
Corn futures climb on USDA report showing lower than expected stocks
(NYSEARCA:CORN)
[[link removed]}&lead=419599&emailid=72152&nl=daily]
U.S. corn futures surged after the USDA reported lower-than-expected
grain stocks.
Work
Systems used by courts and governments across the US riddled with
vulnerabilities [[link removed]}&lead=419599&emailid=72152&nl=daily]
CNMN Collection WIRED Media Group © 2024 Condé Nast. All rights
reserved. Use of and/or registration on any portion of this site
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Privacy Policy and Ars Technica Addendum. Ars may earn compensation on
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Work
Verizon customers face mass-scale outage across the US
[[link removed]}&lead=419599&emailid=72152&nl=daily]
CNMN Collection WIRED Media Group © 2024 Condé Nast. All rights
reserved. Use of and/or registration on any portion of this site
constitutes acceptance of our User Agreement (updated 1/1/20) and
Privacy Policy and Ars Technica Addendum. Ars may earn compensation on
sales from links on this site. Read our affiliate link policy.Your
California Privacy Rights | Do Not Sell My Personal Information The
material on this site may not be reproduced, distributed, transmitted,
cached or otherwise used, except with the prior written permission of
Condé Nast.Ad Choices
Work
American man pleads guilty in Moscow court to charge of fighting for
Ukraine
[[link removed]}&lead=419599&emailid=72152&nl=daily]
In June 2022, two American men were captured by Russian-backed
separatist forces in Donbas while fighting alongside Ukrainian forces
during a battle north of Kharkiv. The men were later released along
with five British citizens as part of a prisoner swap between Russia
and Ukraine that was brokered by Saudi Arabia.
Work
Exclusive: 11x.ai, a developer of AI sales reps, has raised $50M
Series B led by A16Z, sources say
[[link removed]}&lead=419599&emailid=72152&nl=daily]
Raspberry Pi, the company that sells tiny, cheap, single-board
computers, is releasing an add-on that is going to open up several use
cases — and yes, because it’s 2024, there’s an…
Work
Exclusive: Series, a GenAI game development platform, has quietly
raised $28M from Netflix, Dell, a16z, others
[[link removed]}&lead=419599&emailid=72152&nl=daily]
Raspberry Pi, the company that sells tiny, cheap, single-board
computers, is releasing an add-on that is going to open up several use
cases — and yes, because it’s 2024, there’s an…
Work
AI reading coach startup Ello now lets kids create their own stories |
TechCrunch
[[link removed]}&lead=419599&emailid=72152&nl=daily]
With over 700,000 books read and tens of thousands of families served,
Ello is priced at $14.99/month. Meanwhile, families receiving
government assistance can access it for just $2.99/month. Ello also
partners with low-income schools to offer the subscription at no
additional cost.
Work
Beta Technologies unveils first passenger carrying electric aircraft |
TechCrunch
[[link removed]}&lead=419599&emailid=72152&nl=daily]
Raspberry Pi, the company that sells tiny, cheap, single-board
computers, is releasing an add-on that is going to open up several use
cases — and yes, because it’s 2024, there’s an…
Work
Airship wants to build better sales tools for HVAC contractors |
TechCrunch
[[link removed]}&lead=419599&emailid=72152&nl=daily]
Raspberry Pi, the company that sells tiny, cheap, single-board
computers, is releasing an add-on that is going to open up several use
cases — and yes, because it’s 2024, there’s an…
Work
Bank of America Says These 5 Stocks Could Benefit from Rising Power
Demand
[[link removed]}&lead=419599&emailid=72152&nl=daily]
The analysts said that they have targeted those five companies because
the regions they cover— Texas, the Southwest, the Northwest, and
the 14 states in the Southwest Power Pool—are likely to have the
greatest growth rates. Shares of all five are higher year-to-date.
Work
Rare Florida Fossil Finally Ends Debate About How Porcupine Jaws and
Tails Evolved - Discover Magazine [[link removed]}&lead=419599&emailid=72152&nl=daily]
A rare, nearly complete fossil of an extinct North American porcupine
helped me and my colleagues solve a decades-long debate about how the
modern North American porcupine evolved from its ancestors.
Work
An Overwhelming Amount of Plastic Water Bottles - Scientific American
[[link removed]}&lead=419599&emailid=72152&nl=daily]
Rachel Feltman: Happy Monday, listeners! And happy autumn. I hope
youre enjoying some lovely crisp sweater weather wherever you are
right now. For Scientific Americans Science Quickly, Im Rachel
Feltman. Youre listening to our weekly science news roundup. But
before we get into some of the science stories you might have missed
last week, weve actually got a special little segment to share with
you so lets just dive right in.
Work
California Bans Legacy Preferences at Private Universities
[[link removed]}&lead=419599&emailid=72152&nl=daily]
Schools with legacy preferences have argued that they have not
compromised their high standards and that children of alumni who are
admitted are highly qualified, or they would not have been accepted.
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