Author: prosperplanetpulse.com

in short situationOn June 21, 2024, the U.S. Department of the Treasury (“Treasury”) issued a notice of proposed rulemaking to implement President Biden’s Executive Order requiring national security review of certain U.S. investments in China. resultThe proposed regulations would outright ban or require government notification of certain investments in the semiconductor and microelectronics, quantum information technology, or artificial intelligence (“AI”) sectors in “countries of concern,” currently defined as China and its administrative territories, Hong Kong and Macau. Future outlook: The Treasury Department is seeking industry feedback on the proposed regulations until August 4, 2024. U.S. investors and businesses that operate…

Sweden has enjoyed 200 years of neutrality and non-alignment. But after Russia launched a full-scale invasion of Ukraine in 2022, Sweden and Finland both applied for NATO membership. Finland was successful in joining the alliance in 2023; Sweden was accepted in March, Swedish Prime Minister Ulf Kristerson told The Post’s Larry Weymouth on the eve of his departure for the NATO summit in Washington this week.This interview has been edited for length and clarity. Excerpts:Larry Weymouth: What would you say to NATO prime ministers about Ukraine?Ulf Christersson: We will tell them that it is vital that we enable Ukraine to…

Just 1.4%. That’s how much of the continent’s venture capital (VC) funding has been secured by EdTech startups in 2023. The sharp decline from the funding peak in 2021 has left founders facing a harsh reality: smaller deal sizes and a lack of exits. The issue was a central focus during a panel discussion at the Mastercard Foundation’s EdTech conference in Abuja. The funding dearth is in line with broader trends in the venture capital world: investors burned by inflated valuations in the past are writing checks less, and big EdTech deals are no longer happening. Data from Disrupt Africa…

Their techniques span multiple disciplines, including agricultural hardware, nutrition, new farming systems, animal health and regenerative aquaculture, and the Crest program kicked off Monday with a week-long on-site workshop at NELHA in Hawaii. “The strong interest and competitive applications from aquaculture startups around the world validated our redesign of the accelerator model. The first phase of the program in Hawaii is crucial as it is where we will co-develop strategic outcomes with startups. Hawaii is one of the few places on earth where aquaculture entrepreneurs can be exposed to a wide range of species and aquaculture operations and meet world-class…

Wendy’s announced two new development agreements with franchisees in the Republic of Ireland and Romania, supporting the brand’s expansion goals of opening hundreds of restaurants across Europe over the next 10 years. The Republic of Ireland and Romania are new markets for Wendy’s, with the company planning to open restaurants there from 2025. Wendy’s is well positioned to re-enter the UK in 2021 and continue to expand in the market to 400 stores over time. The company is actively seeking franchisees in European markets to expand its restaurant footprint across the continent. DUBLIN, Ohio , July 9, 2024 /PRNewswire/ –…

Accounting firm Ernst & Young LLP has announced the winners of its Bay Area Entrepreneur Awards, which recognize ambitious leaders of fast-growing companies who are creating a more equitable, sustainable and prosperous world for future generations. Regional winners were selected by an independent judging panel comprised of past winners, leading CEOs and other business leaders. Nominees were evaluated based on their entrepreneurial spirit, commitment to purpose and success in creating long-term value through demonstrated growth and measurable impact, among other key metrics. This year’s Entrepreneur Awards celebrate the ingenuity, courage and entrepreneurial spirit of business leaders of all types. The…

Federal Reserve Chairman Jerome Powell appeared before the Senate Banking Committee on Tuesday to kick off his semi-annual report to Congress. He is scheduled to appear before the House Financial Services Committee tomorrow.Jennifer Schonberger of Yahoo Finance reports.Powell said he was encouraged by evidence that inflation was moderating and that more “good data” would help get it to the level the Fed wants, suggesting the central bank is nearing a point where it would feel comfortable cutting rates.In testimony before Congress on Tuesday, he said inflation was “showing some further progress” after a first-quarter increase, and that “further better data…

Kochi: Neetu Mariam Joy, the first woman founder of GenAI from the Kerala Startup Mission (KSUM), has been selected for the prestigious Antler Entrepreneur Residency programme to further the company’s goal of building next-generation e-commerce solutions. Neethu is the founder of ‘Mila’, a GenAI startup that provides online shopping experiences that enhance personalised shopping, customer satisfaction and engagement. Headquartered in Singapore and operating from 27 locations across six continents, Antler Residency is an intensive, face-to-face talent development program that provides a platform to grow an idea into a global, venture-backed startup in just a few weeks. This year’s residency program…

Paramount’s Times Square offices. Getty Images Credit reporting firms are closely watching the company, which just completed a deal to transfer control of entertainment giant Paramount Global to David Ellison’s Skydance. Moody’s has put Paramount’s ratings on review for downgrade and warned that if that were to happen, the company’s debt could be rated at “junk” bond level. “The consideration for downgrade is triggered by continued secular pressure on the company’s television networks, a slow shift toward greater scale in direct-to-consumer (DTC) streaming, and Paramount’s agreement to merge with Skydance, a smaller independent film and TV studio,” the credit research…

NASA Solar System Ambassador Tim Campbell shows visitors moon rock highlights in the traveling exhibit “Journey to Tomorrow.” Credit: NASA/Christopher Hartenstein Staff from NASA Glenn Research Center traveled to Selfridge Air National Guard Base in Michigan to participate in the Air Show, Open House and STEAM Expo on June 8 and 9. NASA’s 53-foot traveling exhibit, “Journey to Tomorrow,” was a popular exhibit showcasing aerial and space exploration. Additionally, experts from NASA’s Nuclear Fission Surface Power Project shared information about NASA’s current and future efforts in this area. From left, Lindsay Cardone, project manager for the Fission Surface Power Project,…