Analysis: Banks are Twitter-deal escape hatch that Musk would struggle with

Published by
Reuters

By Anirban Sen and Greg Roumeliotis (Reuters) – The banks that agreed to finance Elon Musk’s $44 billion acquisition of Twitter Inc have a financial incentive to help the World’s richest person walk away but would face long legal odds, according to people close to the deal and corporate law experts. Twitter has sued Musk to force him to complete the transaction, dismissing his claim that the San Francisco-based company misled him about the number of spam accounts on its social media platform as buyer’s remorse in the wake of a plunge in technology stocks. The Delaware Court of Chancery, where … Read More “Analysis: Banks are Twitter-deal escape hatch that Musk would struggle with”

New prime minister must up R&D funding or risk ushering in ‘low skilled’ economy

Published by
City AM

By Millie Turner The next prime minister must up the UK’s spending on science research and development (R&D) or risk losing its standing as a global leader, Tory-backed think tank Onward has urged today. In a report, supported by several MPs including former science minister George Freeman, Onward said the lack of spending risks damaging the UK’s core products, such as pharmaceuticals. Since 2010, the UK’s pharma exports have fallen from 4th highest in the World to 98th and a $9.7bn (£7.9bn) trade surplus has turned into a $1bn trade deficit (£821m), MPs noted. “Unless there is proper plan, we… Read More “New prime minister must up R&D funding or risk ushering in ‘low skilled’ economy”

Battle for Number 10: From tax to NHS, here are all the promises Liz Truss and Rishi Sunak have made so far

Published by
City AM

By Michiel Willems Yesterday, Liz Truss has this morning performed a screeching U-turn on a policy to pay regional public sector workers less than their London counterparts. it came after a severe backlash from Tory MPs and Tees Valley mayor Ben Houchen. The embarrassing move comes as Truss and her rival Rishi Sunak continue to flesh out their policy positions on a range of issues as ballot papers begin to drop on Tories’ doormats. Over the next few weeks it will be up to Conservative members to decide which of the two will take on the top job in No 10. The pair have so far navigated two of th… Read More “Battle for Number 10: From tax to NHS, here are all the promises Liz Truss and Rishi Sunak have made so far”

5 tips for turning around a blow-up meeting

Published by
CIO

A few years back, I wrote an article for CIO on how to handle the blow-up meeting and create breakthroughs. Now almost three years later, I share one of my blow-up meeting moments in my new book, Digital Trailblazer: Essential Lessons to Jumpstart Transformation and Accelerate Your Technology Leadership. In this short excerpt from the book, published with permission from Wiley, I show how these blow-up moments often happen when you least expect them: Charles does his demo at the meeting, and I read the room. It’s the first time the executives have really spent time on this product, and I see a… Read More “5 tips for turning around a blow-up meeting”

Here are all the positive environmental stories from 2022 so far

Published by
Euronews (English)

Eco-anxiety, climate doom, environmental existential dread – as green journalists, we see these terms used a lot – and often feel them ourselves. There’s a lot to be worried about when it comes to the climate and nature crises, but when a sense of hopelessness becomes the overarching emotion, apathy begins to creep in too. Last year three environmental educators, all part of EcoTok, penned this excellent piece for us about dealing with eco-anxiety and the need to remain hopeful – or “stubbornly optimistic”, as Christiana Figueres puts it. The media has a huge part to play in combatting climate… Read More “Here are all the positive environmental stories from 2022 so far”

Terran Orbital Concludes TCM-2 for CAPSTONE

Published by
Cerebral Overload

Terran Orbital Corporation (NYSE: LLAP), a global leader in satellite solutions, primarily serving the United States and Allied aerospace and defense industries, today announced the successful execution of CAPSTONE’s TCM-2 burn. The burn occurred in two parts with final success declared on July 26 at 1:45 UTC. As with TCM 1-a and TCM 1-c, this burn confirms the NASA satellite will maintain the proper trajectory to continue charting a groundbreaking path to the Moon. For each burn, navigation information is collected by NASA’s Deep Space Network and processed by the Advanced Space flight dynami… Read More “Terran Orbital Concludes TCM-2 for CAPSTONE”

‘Absolutely disastrous’: Air conditioners take horror toll on the environment, campaigners warn

Published by
Euronews (English)

If you’ve coped in a sweltering heatwave by blasting the air conditioning, you aren’t alone. As the planet heats up, more people are turning to AC to stay cool. But these energy-guzzling, chemical-leaking units take a huge toll on the planet. With the worldwide number of air conditioners projected to triple by 2050, experts warn that we urgently need to change course. Guatemalan families are falling into “vicious cycle” of chronic malnutritionParis’ eco-friendly underground cooling system to become the largest in the worldHere’s why – and where in Europe is best for alternatives. How bad is ai… Read More “‘Absolutely disastrous’: Air conditioners take horror toll on the environment, campaigners warn”

The CIO’s guide to mastering IT trends

Published by
CIO

Monitoring IT trends is no trivial task. After all, the deluge is considerable. Every day, single-shingle IT cognoscenti blog, tweet, and podcast their thoughts about the future of IT. Every week, vendors — the supply side of the tech community — release whitepapers and forecasts about where they think (or hope you will think) technology is going. Every month, consultancies, research firms, the press — the tech community’s services side — adjust and amplify annual technology predictions. Every quarter, government agencies, think tanks, academic centers — the administrative/regulatory side — pu… Read More “The CIO’s guide to mastering IT trends”

War in Ukraine is fundamentally changing the relationship between the internet and geopolitics

Published by
Global Voices

Image courtesy of Flora Weil, Alexandra Smorodinova, and Danya Orlovsky In the early 1990s, Nicholas Negroponte, the founder of MIT Media Lab, heralded that the internet would “flatten organizations, globalize society, decentralize control, and help harmonize people.” Thirty years later, this prediction could not be further from the truth. While the internet has led to unprecedented globalization, innovation, and participation in sectors previously inaccessible, in the last two decades, slow and persistent efforts by governments across the World have reigned private technological pursuits into… Read More “War in Ukraine is fundamentally changing the relationship between the internet and geopolitics”

How a CIO’s approach to cloud, AI and ML is transforming Nigeria’s Dangote Industries

Published by
CIO

Prasanna Burri began his career as a mechanical engineer in India but had a secret passion for IT. His endeavour to get into the technology space led him to learn about enterprise application platforms and he eventually started his ERP career at IBM. Later he joined SAP Labs in the US where he was immersed in product management for cloud technology. Since 2013 he’s been overseeing the Dangote Group’s IT operations across Africa. In a big group like Dangote, how challenging is it to manage IT in all parts of the company? It’s a complex organisation with a lot of diversified business lines and r… Read More “How a CIO’s approach to cloud, AI and ML is transforming Nigeria’s Dangote Industries”