In the sprawling former industrial city of Osasco, shuttered factories have given way to a shopping malls and delivery app tech companies in what is now dubbed São Paulo’s “Silicon Valley.” The municipality voted for Brazil’s left-wing President Luiz Inácio Lula da Silva in 2022 but switched to the right-wing Flávio Bolsonaro in the first
Meta is making a big push into AI, and it’s creating a new kind of stock that could help pay for it. On Wednesday, as the company reported its third-quarter earnings, Semafor reported the company might issue non-voting stock, meaning shares that don’t give their owners a vote on company decisions, to help fund its
Meta CEO Mark Zuckerberg intends to maintain control over the company he founded in 2004 and a new class of stock will help him do just that. On Wednesday as Meta released third quarter earnings results, the company announced that it would issue a new share class of Class C stock. The share class, which
This as-told-to essay is based on a conversation with Jessica Cruel, the 37-year-old editor in chief of Allure Magazine, who lives in Newark, New Jersey. It has been edited for length and clarity. I’m the editor in chief of Allure, and I have a lot of things going on. My day is a mix of
It lasted surprisingly long, roughly 20 seconds. They gripped each other’s hands as they leaned in to whisper. The former Vice President and former Speaker of the House, before each was awarded the inaugural Yale Patriot Public Service Award, paused to embrace each other. When Nancy Pelosi walked into the room, more than halfway through
The 31st Busan International Film Festival (BIFF) has unveiled the lineup for its Master Class, Cine Class and Special Talk programs. Master Class brings together four directors reflecting on their creative work. Na Hong-Jin, who drew global attention this year with “Hope,” will discuss the roots of his creative vision. Filipino auteur Lav Diaz and