| 26.09.2023 16:04
Billionaire Moguls and a Trillion Trees
At last week's Climate Forward event , I asked Bill Gates how he offsets his own substantial carbon footprint. Gates mentioned paying for direct air capture , funding heat pumps and installing solar panels. He also told me what he wasn't doing. "I don't use some of the less proven approaches," he s...
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| 26.09.2023 15:30
For Amazon's Andy Jassy, a Cleanup Job Just Got a Lot Bigger
In the two years since Andy Jassy replaced Jeff Bezos as Amazon's chief executive, he has been cleaning up after his company's aggressive pandemic expansion and after Mr. Bezos. Mr. Jassy has reined in Amazon's voracious warehouse growth, culled from the company's sprawl of products and laid off th...
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| 26.09.2023 14:28
JPMorgan to pay $75M to settle Jeffrey Epstein lawsuit with US Virgin Islands
JPMorgan Chase agreed on Tuesday to pay the US Virgin Islands $75 million to settle a lawsuit alleging the Wall Street behemoth enabled Jeffrey Epstein's sex-trafficking ring by ignoring red flags related to Epstein's accounts at the investment bank. The settlement comes just one month before JPMor...
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| 26.09.2023 11:00
Phoebe Gates, 21, starts fashion biz with Extinction Rebellion activist, slams ‘conspiracies' about dad Bill
She just turned 21, is outspoken about the environment, fashion, reinstating Roe vs. Wade and loves posing on TikTok. And her father is worth $108.9 billion . Meet Bill Gates' daughter Phoebe, who combines normal college life with being an outspoken activist who is using her high-society connection...
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| 25.09.2023 23:44
Even Bill Gates is backtracking - the air's gone out of the climate-crisis balloon
Has the air gone out of the "climate crisis" balloon? It's starting to look like it. Some other causes du jour are looking limp lately, too. Oh, hysteria is still out there. In Boston this month, I passed a church whose door bore a lurid poster reading "DUE TO GLOBAL CLIMATE CRISIS, WORSHIP IN SANC...
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| 25.09.2023 06:30
Giving Pledge Ousts Billionaire T. Denny Sanford Following Child Porn Inquiry
South Dakota's richest man, banking billionaire T. Denny Sanford , has been ousted as a member of the Giving Pledge in the wake of a child pornography investigation. Signatories of the Giving Pledge-a brainchild of billionaires Bill Gates, Melinda French Gates, and Warren Buffett-commit to giving a...
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| 20.09.2023 14:00
Can We Put a Price on Climate Damages?
There is nothing the modern world sees more clearly than a dollar figure. But whenever anyone tries to put an actual price on the damages from global warming - to calibrate a carbon tax, assess past responsibility or aid in litigation against fossil-fuel malefactors - the numbers are almost too muc...
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| 19.09.2023 22:34
Prince William commends Americans' traits during New York environmental summit
Prince William, the founder and president of the Earthshot Prize, is eager to see solutions for the climate crisis "scale faster." As he prepares for the second annual Earthshot Prize Innovation Summit, Prince William has joined forces with global leaders to continue the search for innovative ideas...
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| 19.09.2023 16:19
Prince William grows 'impatient' during environmental summit in New York
Prince William, who is the founder and president of Earthshot Prize, wants solutions for climate crisis to 'scale faster'. Prince William has teamed up with global leaders to continue finding solutions for climate change worldwide. Ahead of his second annual Earthshot Prize Innovation Summit, the P...
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| 18.09.2023 10:13
Melinda French Gates calls maternal deaths in childbirth "needless," urges action to save moms, babies
Melinda French Gates, philanthropist, businesswoman and advocate, is in New York City this week for the annual Goalkeepers event, which brings together leaders to tackle urgent global challenges. The focus of this year's Goalkeepers Report is the alarming rate of maternal deaths related to pregnanc...
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| 16.09.2023 08:00
Tech Fears Are Showing Up on Picket Lines
The United Automobile Workers strike is in its second day, and already it's being framed as potentially the most costly of work stoppages from the " summer of strikes ." Unions aren't just fighting for an inflation-beating wage boost. They also are campaigning for job security at a time when worker...
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| 15.09.2023 16:00
Exes Bill and Melinda Gates reunite for daughter's 21st birthday dinner
Another reunion post-split. Exes Bill Gates and Melinda French Gates reunited at Italian eatery Carbone to celebrate their daughter Phoebe's 21st birthday in New York City on Thursday. The Microsoft co-founder, 67, wore a simple brown sweater and casual light wash jeans for the outing. Melinda, 59,...
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| 15.09.2023 02:00
Spain leads way with task force as governments rush to regulate AI
Spain's plan follows the European Union's Artificial Intelligence Act released earlier this year. Spain has established Europe's first artificial intelligence (AI) policy task force, taking a decisive first step in determining laws around the promising but controversial technology as many governmen...
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| 14.09.2023 17:54
Elon Musk appears to ‘make nice' with Bill Gates at AI summit following 18-month feud: sources
Is Elon Musk finally trying to make nice with Bill Gates? That may be the hottest speculation coming out of Sen. Chuck Schumer's AI summit this week. Tesla's CEO has aired a bitter beef with Gates over the past year and a half - partly over the billionaire's massive bet against Tesla shares - but o...
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| 14.09.2023 04:00
The simple lesson from Disney, Bud Light fiascos is too obvious
As a former CEO and a former corporate communications executive, we offer a suggestion for just about any business. When your company's market cap drops about 15 percent in five months despite a billionaire's efforts to prop it up, you've got a problem. That's where Anheuser-Busch InBev ("AB") find...
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| 13.09.2023 22:39
Elon Musk calls for artificial intelligence ‘referee' at closed-door Senate AI summit
Billionaire Elon Musk called for an artificial intelligence "referee" on Wednesday as tech tycoons and lawmakers met for a closed-door summit in Washington, D.C. to discuss the best way to regulate the burgeoning technology. Organized by Senate Majority Leader Chuck Schumer, Musk was joined by Open...
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| 13.09.2023 20:00
Elon Musk says artificial intelligence needs "a referee" after tech titans meet with lawmakers
The nation's biggest technology executives on Wednesday loosely endorsed the idea of government regulations for artificial intelligence at an unusual closed-door meeting in the U.S. Senate. But there is little consensus on what regulation would look like, and the political path for legislation is d...
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| 13.09.2023 17:09
Chuck Schumer urges bipartisan AI policy at summit with Musk, Zuckerberg: ‘Congress must play a role'
American technology leaders including Tesla CEO Elon Musk, Meta Platforms CEO Mark Zuckerberg and Alphabet CEO Sundar Pichai met with lawmakers at Capitol Hill on Wednesday for a closed-door forum that focused on regulating artificial intelligence . Lawmakers are grappling with how to mitigate the...
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| 12.09.2023 15:30
What Is 'It Is What It Is'?
On a recent podcast , Bill Gates asked me my least favorite word or expression. On the fly, I chose "It is what it is." As I explained, "People say it when really what they mean is 'I don't care.'" Since the podcast aired, I have been surprised to see this passing comment getting around quite a bit...
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| 11.09.2023 17:40
Elon Musk has ‘demon-like' outbursts and ‘multiple personalities': biographer
Elon Musk is prone to "demon-like" outbursts that he can "hardly remember" in the aftermath, according to his biographer. Walter Isaacson, who followed the Tesla tycoon around for three years for the bombshell biography set to be released Tuesday, described the billionaire as having "multiple perso...
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| 11.09.2023 15:46
Bill Gates says Elon Musk was ‘super mean to me' after Tesla stock feud
Billionaire Elon Musk was "super mean" to fellow billionaire Bill Gates after the Microsoft co-founder purchased a short position on Tesla stock , Gates says. Gates made the comment to author Walter Isaacson, who has been writing a biography of Musk for the past three years. An excerpt from the upc...
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| 11.09.2023 05:02
Microsoft, Google and Antitrust: Similar Legal Theories in a Different Era
The Justice Department argues in a federal antitrust suit that Google is a dominant tech company that has abused its market power to bully industry partners, protect its monopoly and thwart competition. That has a familiar ring. As U.S. et al. v. Google goes to trial this week, the echoes of the la...
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| 07.09.2023 17:37
Bill Gates' nearly $100M Bud Light bet is a 'mistake,' ex-Anheuser-Busch exec warns
Despite Bud Light's parent company Anheuser-Busch's recent struggles, billionaire investor Bill Gates has poured nearly $100 million into the beer maker . A former executive of the brand warned simply, it is a "mistake." "Bill Gates is definitely making a mistake," former Anheuser-Busch executive A...
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| 07.09.2023 15:07
Catalyzing Africa's Climate Potential
Hopes were running high in Nairobi, Kenya, this week as African leaders gathered for an inaugural climate summit designed to urgently kick-start the continent's transition to clean energy. The summit, which included leaders from Kenya, Ghana, Tanzania, Rwanda, the U.S. and the E.U., tried to create...
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| 07.09.2023 13:14
Join the Times Climate Event With Bill Gates, Marie Kondo and Others
Climate change is an issue that stretches across borders, touching every facet of our lives. Addressing it likewise requires shifts in almost every industry and institution. On Sept. 21, The New York Times will bring together newsmakers, including innovators, activists, scientists and policymakers,...
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| 07.09.2023 13:04
Bill Gates' foundation buys Anheuser-Busch stock worth $95 million after Bud Light financial fallout
Bill Gates' foundation trust bought 1.7 million shares of Anheuser-Busch InBev after the company experienced a few months of controversy and declining stock prices. The Bill and Melinda Gates Foundation Trust bought the shares - valued at about $95 million - last quarter, according to an SEC filing...
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| 07.09.2023 07:54
Presidential Centers Warn of Fragile State of US Democracy
Concern for U.S. democracy amid deep national polarization has prompted the entities supporting 13 presidential libraries dating back to Herbert Hoover to call for a recommitment to the country's bedrock principles, including the rule of law and respecting a diversity of beliefs. The statement rele...
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| 06.09.2023 14:23
Bill Gates buys $95M worth of Anheuser-Busch shares following Bud Light disaster
Bill Gates appears to believe the owner of Bud Light is poised for a comeback, recently paying $95 million to buy up 1.7 million shares of Anheuser-Busch, according to financial data firm TipRanks . The 67-year-old billionaire bought up the shares via his Bill & Melinda Gates Foundation Trust durin...
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| 06.09.2023 05:01
In Its First Monopoly Trial of Modern Internet Era, U.S. Sets Sights on Google
The Justice Department has spent three years over two presidential administrations building the case that Google illegally abused its power over online search to throttle competition. To defend itself, Google has enlisted hundreds of employees and three powerful law firms and spent millions of doll...
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| 02.09.2023 04:56
Jimmy Buffett, Roguish Bard of Island Escapism, Is Dead at 76
Jimmy Buffett, the singer, songwriter, author, sailor and entrepreneur whose roguish brand of island escapism on hits like "Margaritaville" and "Fins" made him something of a latter-day folk hero, especially among his devoted following of so-called Parrot Heads, died Saturday at 76. "Jimmy passed a...
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| 01.09.2023 20:13
Dallas apartment building managers threw out belongings - including relative's ashes - of wrong tenant in bungled eviction: attorney
A Texas man had all his worldly possessions taken from his apartment and thrown in the trash by the managers of his apartment building who were trying to evict a tenant - the problem was, they went to the wrong unit. Johnny Abney says he lost nearly everything he owned - from his grandmother's ashe...
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| 30.08.2023 23:19
Hollywood honchos to join tech moguls at Chuck Schumer's AI summit amid strike
Senate Majority Leader Chuck Schumer's upcoming summit on artificial Intelligence could have implications for Hollywood - and the ongoing strikes that have shuttered the industry, On The Money has learned. Both Writers Guild President Meredith Stiehm and the Motion Picture Association Chairman and...
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| 29.08.2023 16:32
Keeping the actual energy industry out of the room for climate talks is crazy
The fossil fuel industry has a role to play in managing climate change. Excluding them from COP 28 is madness. A concerted effort is being made to exclude representatives from the oil, natural gas and coal industries from participating in the upcoming COP 28 conference, which will be held in Decemb...
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| 26.08.2023 21:32
Ultra-secretive club that hosts some of the US' most powerful men underpays, overworks employees in ‘frat house' environment: lawsuit
Workers at Bohemian Grove , one of the oldest and most secretive men's retreats in the country, complain that they are underpaid and overworked, especially during two weeks in July when some of the most powerful men in the country descend on its woodland camps in northern California, according to a...
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| 25.08.2023 15:48
Celeb developer Joe Farrell buys up coveted Palm Beach land
As equestrians gear up for the Hampton Classic Horse Show over Labor Day weekend, celeb developer Joe Farrell has closed on a deal inside the storied Palm Beach Polo Golf & Country Club . Farrell, who has built more than 500 East End homes for moguls and stars like Madonna, paid $13 million for 23...
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| 23.08.2023 13:51
MacKenzie Scott has donated an estimated $146 million to 24 nonprofits so far this year
MacKenzie Scott has already donated an estimated total of $146 million to 24 nonprofits this year, according to The Chronicle of Philanthropy. Scott, whose ex-husband is Amazon founder Jeff Bezos, usually posts a tally of her donations on her Yield Giving website , but has not listed any for 2023....
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| 19.08.2023 00:56
Epstein referred former Obama White House counsel to JPMorgan as client
Disgraced financier Jeffrey Epstein referred former Obama White House counsel Kathryn Ruemmler to JPMorgan Chase as a client in 2019, months before he was arrested on charges related to federal sex trafficking, court documents showed. Epstein's assistant emailed JPMorgan Chase executive Mary Erdoes...
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| 17.08.2023 05:01
What Alex Jones, Woody Allen and Robert F. Kennedy Jr. Share
Skyhorse Publishing is not a large company, but it has an outsize reputation for taking on authors that others avoid. Its list includes figures on the left, the right and those outside the mainstream altogether, like Alex Jones, the conspiracy broadcaster whose recent book examines "the global elit...
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| 15.08.2023 06:00
Jeffrey Epstein Connected JPMorgan With Trump's Casino Guy Nick Ribis
JPMorgan was accepting client referrals from Jeffrey Epstein years after he left the bank and just months before his 2019 arrest for child sex-trafficking, court documents reveal. Kathy Ruemmler, who served under Presidents Clinton and Obama before joining white-collar defense firms, was one such r...
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| 14.08.2023 14:00
Michigan community stops Chinese company's latest land grab: Fighting them 'every step of the way'
Residents say the fight is still 'far from over' in Green Charter Township. A Michigan community has successfully blocked a Chinese energy company's latest attempt to purchase two parcels of farmland in Green Charter Township, but despite the victory, residents say the fight is still far from over....
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| 13.08.2023 05:00
The Dream Was Universal Access to Knowledge. The Result Was a Fiasco.
Information wants to be free. That observation, first made in 1984, anticipated the internet and the world to come. It cost nothing to digitally reproduce data and words, and so we have them in numbing abundance. Information also wants to be expensive. The right information at the right time can sa...
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| 07.08.2023 12:41
Bill Gates knocked sleep as ‘laziness,' would try to get less shuteye than colleagues
Billionaire Bill Gates revealed he would sleep as little as possible while building his Microsoft fortune, calling the need for shuteye lazy and "unnecessary." The tech titan said he realized the folly of his thinking while discussing brain health during a podcast with comedian Seth Rogan and his w...
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| 05.08.2023 07:00
The Most Important Trial in U.S. History Should Be Televised
The only issue that Americans on all sides of our vast political divide seem to agree on is that we cannot agree on anything. Even basic facts have become matters of opinion. It is a fact, not an opinion, that Bill Gates did not mastermind a plot to embed microchips into Covid vaccines so that Amer...
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| 04.08.2023 07:00
Liberal groups supporting IRS push to build government-run tax filing system
Lawmakers draw line in sand over contentious IRS plan derided by GOP as power grab. Left-wing groups and Democrats in Congress are backing a plan by the Internal Revenue Service (IRS) to build a government-run tax filing program that critics argue would give the agency too much power. The new tax f...
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| 31.07.2023 07:58
JPMorgan Paid Women for Epstein-Even After Cutting Him Off
Even after JPMorgan cut Jeffrey Epstein as a client in 2013, the investment bank transferred more than $1 million to women and girls in his circle, new legal filings allege. The revelation comes from an ongoing legal brawl between JPMorgan and the U.S. Virgin Islands (USVI) government, which is sui...
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| 27.07.2023 22:38
Unimpressed by Bill Gates' private club: ‘Everyone has bitched about it'
A-list members at Manhattan's members-only Aman Club include ... shush! Last night at its jazz club, a certain thrice-married bank executive was seen at the table of a hot young ... shush! For the $200,000 initiation fee you get ... shush! New York is awash with private clubs. Some, like the Union...
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| 27.07.2023 05:01
What Happened When 15 of Twitter's Top Celebrities Joined Threads
Threads , the new social app from Meta, had a fast start this month when it racked up 100 million downloads in less than a week. With so much momentum, the app seemed well on its way to dethroning Twitter . But rapid downloads do not necessarily translate to long-term success. Now the question is w...
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| 23.07.2023 09:36
Bill Gates on next-generation nuclear power technology
Kemmerer is remote even by Wyoming standards - a 50-mile detour off Interstate 80. Its elevation is actually higher than its population and it attracts tourists who stop in to hunt for local fossils. But the best jobs come from different kinds of fossils - fossil fuels. A coal mine and natural gas...
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| 20.07.2023 08:09
Frustrated by Biden, China Courts 'Old Friends' Like Kissinger
The red carpet welcome in Beijing for Henry A. Kissinger, the 100-year-old former secretary of state, included China's top leader, Xi Jinping, telling him that "the Chinese people will always remember you." It featured praise from China's top diplomat for his wisdom. And it involved a meeting with...
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| 19.07.2023 02:00
Big Tech took your data to train AI. We're suing them for it
Americans didn't consent to having their personhoods mined all in the name 'training' artificial intelligence machines. Big Tech needs to understand that. On a crisp autumn day in 1992, President George H.W. Bush's reelection campaign arrived at my hometown of Wixom, Michigan. Speaking from the rea...
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