Author: prosperplanetpulse.com

(Bloomberg) — Nvidia Inc. Executive Vice President Simona Jankowski will become LightMatter Inc.’s chief financial officer, joining the semiconductor startup that is aiming to play a part in the artificial intelligence computing boom.Most read articles on BloombergJankowski takes on the role after spending nearly seven years at Nvidia in investor relations and strategic finance, and was previously a longtime semiconductor analyst at Goldman Sachs Group Inc. He announced his departure from Nvidia last month.Jankowski said he had no plans to leave Nvidia, one of the world’s most valuable companies, until LightMatter came along. The Mountain View, California-based startup is hoping…

Surprisingly, out of hundreds of eligible businesses, only 17 startups have applied for the tax benefits offered through the Startup Sandbox, while the rest missed the June 30 deadline to register. According to industry insiders, the number of companies affected is around 300 to 500, but the lack of awareness across the industry was the reason for the lack of response. Startups regretting the missed opportunity are calling for an extension of the deadline. Industry experts said startups that register in the sandbox will see a huge difference in their tax bill as the minimum tax on turnover will be…

Afloat, a gift delivery app that lets you shop locally and have gifts delivered to loved ones the same day, is now available across the U.S. The startup announced Monday that it’s expanding the service nationwide, after it was previously only available in select cities, including Atlanta, Dallas, Charleston, Fort Worth, Kansas City, Nashville and Wichita. The startup was founded by Sarah Allen Preston after experiencing the stress of newborn heart surgery and receiving thoughtful gifts from loved ones, and wanted to make it possible for anyone to give gifts instantly to support loved ones in need, even if they…

European financial markets reacted favorably to the results of the first round of French parliamentary elections, easing concerns about unbridled government spending in Paris. Moreover, weaker than expected German inflation increased optimism about further interest rate cuts by the European Central Bank, lifting risk sentiment. what happened: The far-right National Union Party Marine Le Pen and Jordan Bardellawon the first round of hastily called parliamentary elections with 33% of the vote. Now read: Trump team hints at intention to pull US out of Paris climate accord again The result was significant, but not as strong as some polls had predicted,…

The Supreme Court has expanded its power more than any other court in history by gutting decades of administrative law, ignoring women’s privacy rights, and thwarting the federal government’s ability to regulate securities laws. But we saw a small ray of hope on Friday. Fisher In this case, thanks to the efforts of Justice Ketanji Brown Jackson, judicial greed may be curbed.As a result of her vote, the Supreme Court majority left the charges against felon and former president Donald Trump unchanged (for now) and significantly limited the impact on hundreds of other cases connected to the January 6th riot.…

The stock market is hitting new highs, but most stocks are struggling. Even news that would normally move stocks is not doing the trick, suggesting that stocks aren’t an attractive investment for the time being.of S&P 500 Index It fell 0.1% for the week. Dow Jones Industrial Average It fell 0.1% Nasdaq Composite Index It increased by 0.2%. However, Invesco S&P 500 Equal Share Exchange-traded funds fell 0.7%. Unlike market-cap-weighted indexes, the ETFs hold equal amounts of each stock, so their moves reflect a worsening actual performance of the average stock. The equal-weighted ETF has been trying but failing to…

In 2021, residents of Yakutia, eastern Russia, discovered wolves amid thick permafrost that normally stays frozen all year round but is starting to thaw in many places as average global temperatures rise.Now, researchers from North-Eastern Federal University in Yakutsk, Russia, are studying the mummified remains to learn more about the animal.The frozen environment allowed the Pleistocene predator to be perfectly mummified and preserved, with most of its teeth and fur still intact, as well as some of its organs. The wolf has its teeth and fur completely intact. Northeastern Federal University “It’s actually shocking,” Robert Losey, an anthropologist at the…

The state Department of Water Resources has begun using laser and sonar technology to measure reservoir capacity and has found that Lake Oroville, the State Water Resources Project’s largest reservoir, has been shrinking since its creation in 1960.In 2021, DWR used an airplane-mounted laser pulse to map parts of the basin’s topography that were not submerged at the time because the lake’s water level was historically low. Then, in 2022, a boat sent sonar pulses into Lake Oroville to map the underwater topography. Engineers calculated that the reservoir’s capacity was 3% less than previous estimates, more than 100,000 acre-feet less.”You…

Indian brokerage Zerodha, one of the early entrants in the Indian startup ecosystem, says it is now time for the next big era of corporate venture capital in India. With an expected annual growth rate of 8%, robust capital markets, a favorable regulatory environment, and a young workforce, India has always been a great investment destination. However, Indian investors and startups have not always had access to capital markets. Zerodha, one of India’s largest brokerages, wanted to change that. In 2016, when corporate venture capital was still quite rare in India, Zerodha launched its venture arm, Rainmatter, in hopes of…

Today on Backpacker Radio, hosted by The Trek and brought to you by Helinox, our guest is John Mackey. On the trail he’s known as “Strider” and off the trail he’s known as the co-founder and former CEO of Whole Foods. In addition to being a world-class entrepreneur, Mackey is also an avid backpacker and has hiked the AT, PCT, Colorado Trail, and many other trails abroad, including the Alps and Patagonia. It’s a fun, informative, and wide-ranging conversation where he shares his experiences traversing the AT while serving as CEO of Whole Foods, how he saved Gossamer Gear from…