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Showing posts from January, 2023

Carbon technology captures billions in funds

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  CO2 removal technology is not just for greenhouse gases. It’s also siphoning billions of investor dollars. After its debut 50 years ago Carbon Tech — technology that captures, stores and uses emitted carbon. Reduce emissions from other sectors. Monitoring carbon-laden physical assets has long been considered too expensive and inefficient to be a viable climate solution. But a surge in venture capital (VC) deals in 2022 (plus the grim reality that it will take eight more years to halve global emissions under the Paris Agreement) has awakened carbon tech finance from its stagnation. . Now is the time to focus on the tech sector. Carbon tech has raised $10.7 billion in VC investment in 517 deals in the first three quarters of this year, according to Pitchbook’s 2022 Carbon & Emissions Tech Report. This includes standout deals such as Climeworks’ $634.4 million Series F funding and Carbon Clean’s $150 million Series C. Funding, and Twelve’s $130 million Series B funding. (Compare...

Intel’s ‘Historic Collapse’ Sparks Selloff In Chip Stocks

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  Intel Corp spooked Wall Street with a pessimistic first-quarter outlook, sparking a plunge in chipmaker stocks on Friday, with some analysts expressing concerns about its cash position amid a semiconductor recession. The company’s shares fell 10% in pre-market trading after Intel predicted unexpected losses below expectations and provided earnings guidance that he undershot expectations by $3 billion. Intel supplier KLA Corp is down more than 5% on his own pessimistic forecast, while Advanced Micro Devices, Nvidia, Applied Materials and Qualcom are between 0.8% and 3.2% on him. fell. The forecast puts Intel on track to deliver its worst performance to date, with sluggish PC demand and slowing growth in his data center business following the pandemic prompting CEO Pat Gelsinger’s highlights the challenges faced by “There are no words to describe or explain Intel’s historic collapse,” said Hans Mosesmann, an analyst at Rosenblatt Securities. Once a dominant player in both the PC an...

At Retail, Pink Slips Start to Surface

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  With layoffs spilling over into the technology, finance and telecommunications sectors, will retail be next? There have been corporate layoffs. It sheds light on what has raised concerns that this is just the tip of the industry iceberg. Saks.com laid off about 100 employees. TheBay.com is his 250 and Kohl’s is about 60. This is a far cry from thousands of job cuts in the tech sector, but it is clear that retailers will need to recalibrate and manage costs to better cope with lower revenues. Consumers are spending less on goods, holiday sales are below expectations and a recession is looming. Margins are under pressure as retailers now face pricing resistance from buyers due to overstocking and discounting to curb inflation. Originally published at  https://businessdor.com  on January 27, 2023.

Fintech’s Growth Potential In A Bear Market

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  In the early 2010s, pundits wondered whether Europe would spawn billion-dollar tech companies. As 2023 begins, the European tech ecosystem has spawned around 150 unicorns. Fintech success stories like Revolut, Checkout.com and Adyen are leading the way with incredible success rates. Fintech has been the crown jewel of the European tech industry for over a decade. But after a decade of tremendous growth, fintech is weathering its first big storm. Already feeling the effects of the tech slump, layoffs, cost of living crisis and looming recession, the Wall Street Journal news that fintechs will outperform both financial and tech stocks in 2022 comes as a surprise. It’s depressing, if not what it should be. Vulnerability to rising interest rates, the disappearance of the pandemic’s catalyst, and increased focus on profitable companies and those with a clear path to profitability have all been cited as reasons for the poor performance of fintech stocks. I’m here. These are all valid a...

Top 5 NFTs Under 1 ETH To Buy In February 2023

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  The non-fungible token (NFT) space has grown exponentially in 2021. From Snoop Dogg and Mark Cuban to Stephen Curry, many celebrities are capitalizing on the trend of owning digital art. In this article, we present his top 5 NFTs under 1 ETH to buy in February 2023. What is NFT: NFT or Non-Fungible Token (NFT) is a type of cryptographic token based on blockchain technology. Unlike fungible cryptocurrencies, NFTs cannot be exchanged or traded on an equal basis. It represents Internet collectibles such as art, music, and games. 1 The top 5 NFTs of ETH are: If you want to enter this market, the top 5 NFTs under 1 ETH are worth considering. The Sandbox: The Sandbox is an Ethereum-based metaverse game that allows a user to purchase virtual land in the form of his NFTs. At the time of writing, the sandbox has a minimum price of 0.85 ETH and a 24-hour trading volume of 34,570 ETH. Deadfellaz: Zombie enthusiasts will be familiar with Deadfellaz, an Ethereum-based NFT collection of 10,000...

Twitter co-founder Biz Stone joins board of audiovisual startup Chroma — Business d’Or

  Chroma, a startup working to create a new kind of audiovisual entertainment exclusively for mobile devices, now has the co-founder of Twitter on its board. The company announced today that Biz Stone, co-founder of Twitter and Medium, as well as the founder of Pinterest and an angel investor in his Chroma, will join the board of directors, with a focus on areas such as design, product development, filmmaking and scaling. announced that it will utilize its expertise in Carrying the brand. A former Google employee, Stone worked on the Blogger team after the acquisition, and in 2006 he co-founded Twitter. He remained on Twitter for years as the company grew and was embraced by millions of users around the world. In 2011, when Twitter’s active user count reached his 100 million, the entrepreneur left the company to pursue a new venture at Obvious Corporation. Obvious Corporation is the startup’s incubator and investment firm to which Twitter co-founder Evan Williams and former Twitter...

Göteborg Film Fest Champions New Nordic Talent, Addresses Colonialism With Screenings of ‘Godland’ and ‘Empire’

  The Gothenburg Film Festival, taking place from 27th January to 2nd January 5, welcomes familiar faces for its 46th edition. But Joseph Klengard, industry director for the film festival and Nordic His Film His Market, says they are still looking for new talent. “We want to be the place to discover new Nordic talent,” he tells Variety. “This year has been a good year for projects in development, while the work-in-progress section has welcomed newcomers to established directors like Eric Poppe [who launched ‘Quisling’] and ‘Sons of We’ll see people like Ullah Salim, who came out with Eternal after Denmark. Oscar-winner Alicia Vikander also introduces a new wave of directors, Alicia Vikander Film Lab 2022. “When she became an Honorary Fellow of the Sten A. Olson Foundation for Research and Culture, her reaction was, ‘Let’s do something with this money.’ says artistic director Jonas Holmberg. “This year is the year of the ‘Nepo Babies’ and we need to pioneer the field of filmmaking. ...

Warren Buffett Shares Advice on Becoming Successful

If you’re looking for the secret to success, look no further than Warren Buffett, one of the richest and most successful investors and CEOs in the world. Known as the “Oracle of Omaha,” Buffett has conducted numerous interviews sharing his top tips for achieving lasting happiness and prosperity. is it? Surprisingly, developing strong habits that pave the way to lasting success is much more important than just making money. and passion. I really like going to work every day.” — Warren Buffett A positive attitude towards life and work is essential to success. A person’s mindset can determine whether or not they will be successful in the long run. Our unwavering belief that anything is possible with dedication and hard work is irreplaceable. To make progress in a particular field, you have to be passionate about it. Throwing yourself into the pursuit of your ambitions allows you to grow and go further than you ever thought possible. It’s important to focus on positive outcomes rather than...