thejapantimes, to business
@thejapantimes@mastodon.social avatar

Prime Minister Fumio Kishida made a public push to woo foreign investment, pledging further capital market reforms and promoting asset management in a speech to hundreds of global investors in Tokyo. https://www.japantimes.co.jp/business/2024/05/23/economy/japan-kishida-pushes-capital-market-reform/

br00t4c, to business
@br00t4c@mastodon.social avatar
thejapantimes, to business
@thejapantimes@mastodon.social avatar

Service prices, a key component of Japan’s inflation data, are sustaining momentum, adding to the case for the Bank of Japan to take another step before too long toward policy normalization. https://www.japantimes.co.jp/business/2024/05/23/economy/japan-service-price-inflation/

noellemitchell, to OpenAI
@noellemitchell@mstdn.social avatar

Another OpenAI employee announced she quit over safety concerns hours before two exec resigned

"She added that more needs to be done to improve "decision-making processes; accountability; transparency; documentation; policy enforcement; the care with which we use our own technology; and mitigations for impacts on inequality, rights, and the environment.""

https://www.businessinsider.com/another-openai-employee-quits-over-safety-concerns-2024-5

br00t4c, to business
@br00t4c@mastodon.social avatar
br00t4c, to business
@br00t4c@mastodon.social avatar

Telstra says slashing almost a tenth of its workforce will help save $350 million. Why is the business under pressure?

https://www.crikey.com.au/2024/05/23/telstra-telecommunications-artificial-intelligence-workforce-restructure/

thejapantimes, to business
@thejapantimes@mastodon.social avatar

Japan’s 10-year sovereign bond yield reached the key psychological level of 1% for the first time since the Bank of Japan ramped up unprecedented stimulus measures in 2013. https://www.japantimes.co.jp/business/2024/05/22/markets/japan-10-year-bond-yield/ #business #markets #boj #japaneseeconomy #bonds

thejapantimes, to business
@thejapantimes@mastodon.social avatar

Norinchukin, Japan's top agricultural bank, plans to raise ¥1.2 trillion ($7.7 billion) and reshape its overseas investments after significant losses on its bond holdings. https://www.japantimes.co.jp/business/2024/05/22/companies/norinchukin-bank-victim-of-surging-us-interest-rates/

br00t4c, to business
@br00t4c@mastodon.social avatar
mathgum, to productivity Russian
@mathgum@mastodon.gamedev.place avatar

We recently talked about a free personal time tracking app that we are preparing for release. And very soon we'll share it with all of you. Visually it is mega simple. No complicated dashboards with a bunch of different colors. Only the most important and very functional. We hope this is one of those "as nature intended".

Until then, here are the first screenshots with the task list and timer list. In a light and dark theme to taste.

Tasks and time tracking app. Timer editing window. Dark theme
Tasks and time tracking app. Timers list. Light theme
Tasks and time tracking app. Tasks list with groups. Dark theme

thejapantimes, to business
@thejapantimes@mastodon.social avatar

Sixteen companies at the forefront of developing artificial intelligence have pledged at a global meeting to develop the technology safely at a time when regulators are scrambling to keep up with rapid innovation and emerging risks. https://www.japantimes.co.jp/business/2024/05/22/companies/ai-summit-safety-commitments-companies/

thejapantimes, to business
@thejapantimes@mastodon.social avatar

Japan’s imports rebounded in April as the weak yen boosted their value, pushing the nation’s trade balance into deficit and highlighting the increasing economic burden stemming from the currency’s plunge. https://www.japantimes.co.jp/business/2024/05/22/economy/japan-trade-deficit-weak-yen-impact/

thejapantimes, to business
@thejapantimes@mastodon.social avatar

Carlyle Group raised ¥430 billion ($2.8 billion) for its fifth Japan buyout fund, adding to signs of investor interest in the country despite a gloomy fundraising climate for private equity firms globally. https://www.japantimes.co.jp/business/2024/05/21/carlyle-largest-japan-buyout-fund/

paninid, to business
@paninid@mastodon.world avatar

My experience has been that VCs are pattern-matchers, who spent the last 15 years finding founders and #business models which subverted any inefficient, good-faith system, abstracted away inefficiencies with code, and relied on the repeated use of the #software to generate some free #cashflow, which was the justification for the book value, that would be used to offload the speculative asset to public #markets, or subsequent #investors.

1/6

mountdiscovery, to random
@mountdiscovery@flipboard.social avatar

Watching this laptop buying guide by @SomeGadgetGuy after the recent announcement of Microsoft's Surface running on the new ARM chips from Qualcomm

Like him, I too am interested in all the new Laptops not only by Microsoft but the many OEMs (HP. Dell, Asus, Acer etc) that will hit the market in a short time, not for the AI features but for our usual day-to-day computing on devices that are now on a different architecture that will have long-lasting battery, run silently, and have plenty of performance for our tasks.

Also, looking into the chips themselves and what specs they're paired with the system RAM depending upon core counts, and performances

https://www.youtube.com/watch?v=IcGOGGG6TJE

SomeGadgetGuy,
@SomeGadgetGuy@techhub.social avatar

@RealGene @mountdiscovery
At launch it will be a massive pain and totally broken, but if we see SOME traction in the business space, it'll improve fast. Lenovo is already putting some pressure on there.

Just last week, Qualcomm announced better kernel support for Linux, and they've published an experimental debian build.

https://www.qualcomm.com/developer/blog/2024/05/upstreaming-linux-kernel-support-for-the-snapdragon-x-elite

br00t4c, to business
@br00t4c@mastodon.social avatar
br00t4c, to business
@br00t4c@mastodon.social avatar

Nestle is launching a food brand designed for Ozempic and Wegovy users

https://qz.com/nestle-wegovy-ozempic-vital-pursuit-1851490309

ajsadauskas, (edited ) to climate
@ajsadauskas@aus.social avatar

If you care about the planet, please make sure you sit down before you start reading this post about ExxonMobil.

So.

The CEO of ExxonMobil just said this in an interview: "We’ve waited too long to open the aperture on the solution sets in terms of what we need, as a society, to start reducing emissions."

https://fortune.com/2024/02/27/exxon-ceo-darren-woods-interview-pay-the-price-for-net-zero/

Who's the most influential voice on climate change? Who's to blame for inaction on climate change?

According to the CEO of ExxonMobil, it's environmental activists.

No, really:

"Frankly, society, and the activist—the dominant voice in this discussion—has tried to exclude the industry that has the most capacity and the highest potential for helping with some of the technologies."

Oh, and the CEO of ExxonMobil also apparently thinks consumers are to blame for climate inaction:

"Today we have opportunities to make fuels with lower carbon, but people aren’t willing to spend the money to do that."

Gets better.

He thinks unnamed 'people who generate emissions' should pay for it. (Rather than, say, major transnational oil companies.)

"People who are generating the emissions need to be aware of [it] and pay the price. That’s ultimately how you solve the problem."

https://fortune.com/2024/02/27/exxon-ceo-darren-woods-interview-pay-the-price-for-net-zero/

Worth including a quick reminder here that Exxon-Mobil made a US$36 billion profit in 2023: https://www.reuters.com/business/energy/exxon-beats-estimates-ends-2023-with-36-billion-profit-2024-02-02/#:~:text=HOUSTON%2C%20Feb%202%20(Reuters),higher%20oil%20and%20gas%20production.

Not gross revenue.

Profit.

So, remind me again. Who knew about climate change before most of the public?

"Exxon was aware of climate change, as early as 1977, 11 years before it became a public issue... This knowledge did not prevent the company (now ExxonMobil and the world’s largest oil and gas company) from spending decades refusing to publicly acknowledge climate change and even promoting climate misinformation."

https://www.scientificamerican.com/article/exxon-knew-about-climate-change-almost-40-years-ago/

And just who, exactly, stood in the way reducing emissions all these years?

"ExxonMobil executives privately sought to undermine climate science even after the oil and gas giant publicly acknowledged the link between fossil fuel emissions and climate change, according to previously unreported documents...

"The new revelations are based on previously unreported documents subpoenaed by New York’s attorney general as part of an investigation into the company announced in 2015. They add to a slew of documents that record a decades-long misinformation campaign waged by Exxon, which are cited in a growing number of state and municipal lawsuits against big oil."

https://www.theguardian.com/us-news/2023/sep/14/exxonmobil-documents-wall-street-journal-climate-science

@fuck_cars

thejapantimes, to business
@thejapantimes@mastodon.social avatar

Norinchukin Bank is considering raising $7.7 billion to boost capital and cover losses arising from a plan to get rid of low-yielding foreign bonds, a person familiar the matter said. https://www.japantimes.co.jp/business/2024/05/21/companies/japan-norinchukin-bank-fundraising/ #business #companies #norinchukin #banks #investments

thejapantimes, to business
@thejapantimes@mastodon.social avatar

A U.S. congressional investigation released Monday found that carmakers BMW, Jaguar Land Rover and Volkswagen had used components from a Chinese supplier banned in the United States over alleged forced labor ties. https://www.japantimes.co.jp/business/2024/05/21/us-forced-labor-automakers/

thejapantimes, to business
@thejapantimes@mastodon.social avatar

Major Japanese companies agreed to raise monthly pay by 5.58% on average in this year's spring labor-management wage talks, according to the first tally by the Japan Business Federation. https://www.japantimes.co.jp/business/2024/05/21/companies/japan-big-firms-pay-hike/ #business #companies #wages #inflation #keidanren

br00t4c, to business
@br00t4c@mastodon.social avatar
thejapantimes, to business
@thejapantimes@mastodon.social avatar

Martin Gruenberg will step down as head of the Federal Deposit Insurance Corp. after a report on the toxic working environment at the bank regulator put him at the center of a heated political fight. https://www.japantimes.co.jp/business/2024/05/21/fdic-toxic-workplace-report/

thejapantimes, to business
@thejapantimes@mastodon.social avatar

Japan aims to win a 30% share of the global market for software-defined vehicles designed to improve performance by upgrading software rather than hardware, the industry and transport ministries said. https://www.japantimes.co.jp/business/2024/05/21/economy/japan-next-generation-cars/ #business #economy #cars #carmakers #selfdriving #electricvehicles

thejapantimes, to business
@thejapantimes@mastodon.social avatar

Can India create 115 million jobs by 2030? A study suggests that Asia’s third-largest economy will need to generate 16.5 million jobs yearly to keep the economy expanding. https://www.japantimes.co.jp/business/2024/05/21/india-115-million-jobs-2030/

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