Palantir Cofounder on US Intel Stake: ‘the Whole Thing Is Very Weird’

Joe Lonsdale, the cofounder of Palantir and founding partner of Austin-based venture capital firm 8VC, said Thursday he was “uncomfortable” with the government’s $8.9 billion investment in Intel. “It’s very weird, of course, for the government to be taking a stake in something,” Lonsdale said on CNBC’s Squawk Box. “It’s also a little bit weird... Read More

Business

September 4, 2025

Companies prefer keeping up appearances with carbon reporting

Researchers have found that companies tend to favour internal environmental monitoring metrics and processes that allow them to grow, and don’t publish figures showing increased carbon emissions. New research from emlyon and TBS Business Schools has revealed businesses that voluntarily report their carbon emissions favour in-house carbon accounting tools over standardised models, despite the former... Read More

Sustainability

September 4, 2025

Lisa Cook Lawyer Slams Criminal Probe Into Fed Member’s Mortgages

A lawyer for Lisa Cook said the Justice Department appeared to open a criminal investigation in a desperate attempt to find a legal reason to fire her from the Federal Reserve’s board of governors. In a statement, Cook’s attorney Abbe Lowell described the criminal probe as “cover.” “Predictably and recognizing the flaws in challenging their... Read More

Finance

September 4, 2025

Climate scientists criticise US report on environmental change

World’s climate experts have responded negatively to a Department of Energy report that flips the consensus about human effects on the environment. More than 85 environmental scientists have submitted their review of the US government’s Climate Working Group report on climate change [PDF]. The report, released by the US Department of Energy (DOE), is heavily... Read More

Sustainability