Nearly 60 nations this week moved toward phasing out oil, gas, and coal, in a climate summit that aimed to accelerate a global shift toward renewables. The countries agreed to set “roadmaps” for weaning off fossil fuels. “This may be the first multilateral meeting that I find not frustrating,” the ...
Category: Semafor
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Semafor launches Silicon Valley & The WorldSemafor launches Silicon Valley & The World
The News San Francisco, CA – As Silicon Valley’s decisions increasingly shape the priorities of governments, markets, and societies worldwide, Semafor will convene the leaders building artificial intelligence and other breakthrough technologies with the leaders responsible for shaping strategies, policies, and institutions around them. Semafor’s inaugural annualconvening will be the ...
Why the Sahel crisis matters to EuropeWhy the Sahel crisis matters to Europe
Ulf’s view Mali’s Moscow-backed military government is fighting for its survival after a coordinated jihadist and Tuareg assault killed the defense minister and forced Russian mercenaries to retreat from the north. It raises fears that instability could trigger a new wave of migration to Europe and accelerate a security collapse ...
PsiQuantum adds Intel’s Lip-Bu Tan to boardPsiQuantum adds Intel’s Lip-Bu Tan to board
Intel CEO Lip-Bu Tan has been tapped for another job. The executive is joining the board of directors for $7 billion quantum computing company PsiQuantum, the company exclusively told Semafor. It follows several investments in such businesses through the venture capital firm Tan chairs, A&E Investments. A&E participated in PsiQuantum’s ...
FCC’s Disney probe divides RepublicansFCC’s Disney probe divides Republicans
The FCC’s moves toward yanking Disney’s ABC broadcasting licenses are dividing conservatives. The agency’s review, scooped Tuesday by Semafor, is loosely tied to Disney’s corporate diversity efforts. But the timing — coming after Trump called, again, for Jimmy Kimmel to be fired over a monologue — is sparking accusations of ...
Supreme Court sparks a bipartisan redistricting rushSupreme Court sparks a bipartisan redistricting rush
The News The Supreme Court’s weakening of the Voting Rights Act, barely 24 hours old, has kicked off a new redistricting rush, with Republicans and Democrats endorsing plans to wipe out their rivals in the states they control. Some of the changes now getting discussed could come this summer. Others ...
Kenya eyes $600M in World Bank emergency fundsKenya eyes $600M in World Bank emergency funds
Kenya is eyeing around $600 million in emergency funds from the World Bank in a bid to soften the impact of the Iran war, which is upending economies across the continent. The East African nation is particularly vulnerable given it imports the vast majority of its fuels from the Gulf. ...
BP signs new natural gas exploration deal with VenezuelaBP signs new natural gas exploration deal with Venezuela
BP signed a natural gas exploration agreement with Venezuela, the latest sign of surging investor appetite in the Latin American nation. The deal follows similar ones with Italy’s ENI and Spain’s Repsol as Caracas seeks to revive fossil fuel production in the country, home to the world’s largest stated crude ...
UAE exits OPEC to chase the future economyUAE exits OPEC to chase the future economy
Judah’s view For more than five decades, Abu Dhabi sat at the table that shaped global energy markets. It helped build OPEC into the most consequential commodity cartel in history, endured its internal tensions, and absorbed its quota constraints. On May 1, that chapter ends. The Iran war was a ...
Dan Schulman, Verizon CEO, on AI, layoffs and punching backDan Schulman, Verizon CEO, on AI, layoffs and punching back
“If somebody’s going to punch me, I’m going to punch back,” Verizon CEO Dan Schulman says in this episode of The CEO Signal. Schulman, who came out of retirement six months ago to lead the $200 billion telecoms company, reveals that he initially turned the job down — twice. But ...