Inter’s Chinese owners lose control of club to hedge fund Oaktree after failure to repay US$429 million loan Suning Holdings Group acquired the club in 2016 with chairman Steven Zhang installed as chairman in 2018, and has overseen two Serie A title wins, including this season. 05/21/2024 - 11:17 pm | View Link
Hedge Funds Trim Big Tech Exposure in Hunt for Other AI Winners Hedge funds have cut holdings in megacap technology stocks while betting on a broader array of firms that will benefit from artificial intelligence, according to Goldman Sachs Group Inc. strategists.M ... 05/21/2024 - 10:21 pm | View Link
Hedge funds cut stakes in Magnificent Seven to invest in broader AI boom Money managers invested in utility companies, chip makers, and technology firms that could benefit from the growth of the AI sector, Goldman Sachs analysis shows ... 05/21/2024 - 9:49 pm | View Link
New credit hedge fund seizes the day Now is a good time to take advantage of the inefficiencies of the credit market, according to a London-based portfolio manager who is launching a European long/short credit hedge fund. 05/21/2024 - 8:36 pm | View Link
Hedge funds buy Chinese stocks for fourth consecutive week Global hedge funds added to their holdings of Chinese equities for a fourth straight week, joining hordes of investors trying to get ahead of a rebound in the market. The beaten-down stocks in the wor ... 05/21/2024 - 4:55 pm | View Link
A lawsuit weaponizes environmental law in opposition of new urban housing.
Los Angeles-based grocer Erewhon has a reputation for health, wellness, and sustainability, selling high-end organic produce and celeb-favorite smoothies. By supporting organic and regenerative farms, and cutting down on plastic, the company claims it showcases its belief in “protecting the health of our precious planet.”
Sorry athletes. It’s hard to compete with a well-tailored medical professional.
While brands like Nike plan to dominate the Olympics with blinding new shoes on the track, Figs wants to own the sidelines through sleek medical scrubs. The medical apparel brand company just debuted a new line of red, white, and blue uniforms that Team USA doctors will wear in Paris—and in a dramatic, slow-mo walk scene, our medical professionals will finally get the full hero treatment.
Would you trust an on-device AI to listen to your calls to stop scams in progress or to record all of your computing activity so you never forget any of it?
Google and Microsoft have spent the last few weeks unspooling enormous ambitions for artificial intelligence, but their smallest-scale showings of this technology—what they call on-device AI, but which you can also think of as offline or cloud-free AI—look the most interesting.
Solutions to big problems will come from breaking down disciplinary boundaries.
A colleague once lamented about a controversy in their academic department (computer science) involving a potential new hire. The candidate in question was formally trained in physics but had a strong record studying information theory, which was of interest to the department.
Both chains began selling Beyond Meat in 2019, but now have either scaled back significantly or stopped selling it entirely.
When Del Taco began serving Beyond Meat in 2019, it was the first major Mexican fast-food chain in the country to serve a plant-based beef taco option. (It also called the offering the “future of tacos.”) The company was early when it came to all restaurant chains adopting Beyond Meat, along with brands like Dunkin’, which served a plant-based sausage, and Carl’s Jr., which offered the company’s plant-based beef burger.
Enlarge / A Waymo autonomous taxi in San Francisco. (credit: David Paul Morris/Bloomberg via Getty Images)
Tesla fans—and CEO Elon Musk himself—are excited about the prospects for Tesla’s Full Self Driving (FSD) software. Tesla released a major upgrade—version 12.3—of the software in March. Then, last month, Musk announced that Tesla would unveil a purpose-built robotaxi on August 8.