Author: prosperplanetpulse.com

Dutch venture capital fund manager LUMO Labs is launching a new €100 million fund for impact-focused technology startups in Europe. The new Rise Fund will build on LUMO Lab’s existing investment strategy and target startups developing emerging technologies that align with the United Nations Sustainable Development Goals (SDGs). These technologies include AI, blockchain, IoT, VR and AR. These applications should contribute to LUMO Labs’ SDG focus areas: Good Health and Well-Being, Quality Education, Sustainable Cities and Communities, and Climate Action. The Rise Fund aims to diversify geographically beyond LUMO Labs’ primary operations in the Netherlands, Germany and Belgium. The investment…

Prince’s former business advisors, L. Londell McMillan and Charles Spicer Jr., have reportedly won a significant judgment in an ongoing estate lawsuit against several of the late artist’s heirs. BillboardMcMillan and Spicer currently serve as managers of Prince Legacy LLC, an estate management holding company they co-founded with several of Prince’s legal heirs, but several family members, including Prince’s half-sisters Sharon and Noreen Nelson, and his niece and nephew Breanna and Allen Nelson, have allegedly tried to oust McMillan and Spicer from the company. On July 5, a Delaware judge ruled that the four family members could not amend the…

PARIS — Take a sober look at the relief and euphoria sweeping across France after Sunday’s election thwarted a far-right takeover. If the so-called victory seemed like a Pyrrhic one, that’s what it was.First, the euphoria among center and left-wing French voters is largely due to bad pre-election polls that predicted a landslide victory for the populist Rally National, which has roots in a nationalist party founded by Nazi collaborators and anti-Semites.But beating flawed polls is not the same as winning. The numbers show that the Rally National, which until recently seemed out of touch, continues to grow fast. In…

Mr. President: I first wrote you about your age almost two years ago, when I, a longtime member, welcomed you into the Octogenarian Club. I tried to explain the good and bad things that come with entering your 80s.A year later, I returned to this topic and concluded in my September 15, 2023 column that you deserved to be reappointed, despite calls for you to resign on ageist grounds.My judgment is based not only on your performance but also on the statement of your physician, Kevin O’Connor, on February 16, 2023, in which he stated that you are “a healthy,…

Dean Kamen, founder of FIRST & DEKA and investor in Segway and iBOR Power Wheelchair Speakers … [+] With Cybernetics Ventures General Partner Mark Martin Three Circles Studio Robotics is poised to transform many sectors, yet as an industry it is still in its infancy. Robotics Invest, held in Boston in June, brought together nearly 300 founders, investors, and thought leaders from nine countries to discuss emerging trends, assess the global market landscape, and build an ecosystem of pioneers that will enable the next wave of robotics unicorns. One of the key trends discussed at the event, which was organized…

In recent years, the entrepreneurial world has seen a notable movement of more business leaders relocating outside the United States. This emerging trend is not only a pursuit of new personal adventures, but also a strategic decision to take advantage of global markets and diverse talent pools. Entrepreneurs are realizing that expanding their businesses internationally and basing themselves in different cultural and economic environments can bring significant benefits. These benefits range from enhanced opportunities for innovation and growth to significant financial incentives, such as tax savings and reduced operational costs.Katelynn Minott, CEO and CPA of Bright!Tax, offers valuable insight into…

U.S. stocks rose on Monday, kicking off a crucial week that could provide important signals on the direction of near-term interest rates.The S&P 500 (^GSPC) rose 0.1% and the tech-heavy Nasdaq Composite Index (^IXIC) rose 0.3%, with each index hitting a new record. The Dow Jones Industrial Average (^DJI) lost 0.1%, erasing the previous day’s gains.The S&P and Nasdaq both hit record highs on Friday after the jobs report suggested the labor market continued to cool. That led to a buying spree in anticipation of a September interest rate cut by the Federal Reserve, with roughly three in four traders…

ESPN recently offered Stephen A. Smith a $90 million contract over five years, at $18 million per year. Smith is expected to turn down the offer, seeking closer to $25 million annually.We anticipate ESPN will, eventually, meet Smith’s demands. He holds leverage behind the scenes. The race card is firmly in his back pocket. He is already using it, lamenting that three white men – Joe Buck, Troy Aikman, and Pat McAfee – make more than him. Sources tell OutKick that executives within ESPN fear Smith becoming its fiercest critic on the outside. He already criticizes the company on his self-owned podcast.…

DETROIT – The Detroit Smart Parking Lab, a Detroit mobility incubator founded by Bedrock, Bosch, Ford and the State of Michigan, today welcomed four new startups to its portfolio that will operate under the Lab’s recently established team. Autonomous Mobility InitiativeOver the next six months, these startups will leverage more than $250,000 in grant funding awarded through the Michigan Mobility Funding Platform to deploy, test and demonstrate the latest technologies related to autonomous and electric vehicle charging solutions.”The Detroit Smart Parking Lab fills a critical need in Detroit’s growing mobility scene,” said Kevin Mull, Bedrock’s senior urban strategy and innovation…

Kraft Heinz has formed a joint venture with AI company NotCo to fast-track the development of plant-based products. … [+] Kraft Heinz and other brands hope these collaborations will help them keep bringing on-trend products to customers’ tables, combining the flexibility and scientific innovation of a startup with the deep resources and broad marketing capabilities of a big company.AFP via Getty Images While many companies talk about what they’re doing, Kraft Heinz recently spoke about what they’re not doing. They launched plant-based macaroni and cheese (Knot Cheese), Knot mayonnaise (a plant-based spread), and plant-based “Knot Cheese American Style Slices.” Thanks…