Nabow is a One-Stop Destination for All the Latest and Greatest in the World of Technology News and Innovations.
⎯ 《 Nabow • Com 》
Disney cancels $1bn Florida theme park extension amid war with DeSantis
Disney cancels $1bn Florida theme park extension amid war with DeSantis
The Walt Disney Company has pulled the plug on a $1bn office complex in Orlando, following a warning from Disney leadership that billions of dollars in projects were on the line after Florida Governor Ron DeSantis escalated his feud with the company. The development scheduled for construction in the Orlando area was set to bring 2,000 jobs to the region, with 1,000 employees expected to be relocated from southern California. In an email to employees on 18 May, Disney’s theme park and consumer products chair Josh D’Amaro pointed to “changing business conditions” for the cancellation of the 60-acre Lake Nona Town Center project, according to The New York Times, which first reported the move. “I remain optimistic about the direction of our Walt Disney World business,” he added, noting that the company has still planned $17bn in projects over the next decade its Disney World campus. “I hope we’re able to,” he said. For years, Florida legislators and the governor’s office enjoyed a close relationship with the state’s largest taxpayers, among the state’s largest employers, which has wielded enormous political influence while bringing in billions of dollars to the state each year. Now, the company and DeSantis allies are suing one another, following a year-long feud over opposition to what opponents have called Florida’s “Don’t Say Gay” law that boiled over into political and legal battles that could shape the company’s business in the state. Moments after board appointed by Mr DeSantis voted to strip the company’s control of its Florida park, Disney filed a federal lawsuit against the governor and state officials alleging a “targeted campaign of government retaliation” for “expressing a political viewpoint.” The lawsuit follows the governor’s state takeover of the Reedy Creek Improvement District, now the Central Florida Tourism Oversight District, made up of conservative activists and DeSantis loyalists, a move that followed Florida Republicans’ punitive measures against the company after its public opposition to the “Don’t Say Gay” law. Days later, the board voted to sue Disney in state court. In March, Disney slammed the governor’s “anti-business” approach to the company, which Mr DeSantis has accused of advancing a “woke agenda” while his administration targets LGBT+ people and their families with sweeping laws to control public school education, healthcare access and speech. The governor dissolved a decades-old municipal district that allowed Disney to control its own land use, zoning rules and public services, without putting a tax burden on Florida residents. In effect, Disney taxed itself to foot the district’s bill for its municipal needs. “Does the state want us to invest more, employ more people, and pay more taxes, or not?” Disney CEO Bob Iger said on a conference call with analysts last week. A statement from Disney said the company has decided to pull out of the new campus construction “given the considerable changes that have occurred since the announcement of this project, including new leadership and changing business conditions.” The “Parental Rights in Education Act” – what opponents have called “Don’t Say Gay” – prohibits instruction of “sexual orientation or gender identity” from kindergarten through the third grade and any such discussion “that is not age-appropriate or developmentally appropriate for students” in other grades. The governor recently expanded the law to explicitly extend such restrictions to all grades. Critics have warned that the broadly written law threatens to freeze classroom speech involving LGBT+ people and issues, from civil rights history lessons to discussion of LGBT+ students, school staff and their families. Following passage of the Florida law, lawmakers across the US and in Congress have introduced similar legislation, including more than two dozen measures in current legislative sessions. Read More DeSantis v Disney: Why Florida’s governor is at war with the Mouse ‘We will not be erased’: Critics slam Ron DeSantis for unprecedented bills attacking LGBTQ+ people Penguin Random House sues Florida school district over ‘unconstitutional’ book bans Florida teacher under investigation for showing Disney movie with LGBT+ character speaks out
2023-05-19 03:55
NYC Public Schools Drop Ban on AI Tool ChatGPT
NYC Public Schools Drop Ban on AI Tool ChatGPT
New York City public schools have lifted a ban on artificial intelligence tool ChatGPT after initially banning the
2023-05-19 00:17
AI Data-Center Boom Will Spur Energy Crisis, Chip CEO Warns
AI Data-Center Boom Will Spur Energy Crisis, Chip CEO Warns
The surging demand for artificial intelligence computing has a downside, according to chip-industry veteran Renee James: It’s sucking
2023-05-18 23:20
EV Battery-Swapping Could Help Solve the US Charging Problem
EV Battery-Swapping Could Help Solve the US Charging Problem
More than a decade ago, a high-flying startup called Better Place made a billion-dollar bet that electric car
2023-05-18 20:27
Early Heat Wave Gives Tokyo a Glimpse of a Sweltering Summer
Early Heat Wave Gives Tokyo a Glimpse of a Sweltering Summer
An early heat wave is hitting Tokyo, providing a preview of what could become a sizzling summer. Tokyo’s
2023-05-18 17:20
Hydro Venture Plans to Boost Madagascar Power Generation by 50%
Hydro Venture Plans to Boost Madagascar Power Generation by 50%
Groupe Filatex, Madagascar’s largest employer, said it formed a venture with France’s Hyvity to add 50% to the
2023-05-18 13:53
Kishida Meets Intel, TSMC, Micron Execs as Japan Joins Chip Race
Kishida Meets Intel, TSMC, Micron Execs as Japan Joins Chip Race
Prime Minister Fumio Kishida met with the heads of the world’s largest chipmakers Thursday, as the country shores
2023-05-18 08:49
Sewage Spills Push Apologetic UK Water Companies to Spend More
Sewage Spills Push Apologetic UK Water Companies to Spend More
UK water companies have publicly apologized and laid out a multi-billion pound modernization plan to curb the volume
2023-05-18 07:23
Netflix Says It Has 5 Million Users for Its Cheaper Plan With Ads
Netflix Says It Has 5 Million Users for Its Cheaper Plan With Ads
Netflix Inc. said its new ad-supported subscription plan has 5 million monthly active users, six months after its
2023-05-18 06:23
Siemens Sees Itself in ‘Supercycle’ on Climate Change Demand
Siemens Sees Itself in ‘Supercycle’ on Climate Change Demand
Siemens AG is reaping the benefits of a deep shift to efficiency-boosting software that helps reduce the carbon
2023-05-17 17:15
Ex-Apple engineer charged with stealing company’s self-driving car technology
Ex-Apple engineer charged with stealing company’s self-driving car technology
A former Apple engineer who fled to China five years ago has been charged with stealing the company’s self-driving car technology. The US Justice Department charged Weibao Wang, 35, for stealing large troves of data from Apple, including trade secrets and technology related to autonomous systems that are used to design self-driving cars. Mr Wang was charged with six counts of theft or attempted theft of trade secrets, according to a press release issued by the department. “Innovation is alive and well in Silicon Valley – indeed, throughout the Northern District of California,” said US attorney Ismail J Ramsey. “Unfortunately, there will always be some who cheat the system by stealing and profiting from the fruits of others’ labour. The Wang prosecution is but one example. We are pleased that the Disruptive Technology Task Force renews energy and focus on securing innovation for those who actually create it.” The former Apple engineer was a resident of Mountain View in California and began working with the tech giant in 2016. He had signed a confidentiality agreement for the project for which he was working on, and very few people at the company knew about it at that time. He began working as staff engineer with the US-based subsidiary of a Chinese company and was working to develop self-driving cars, the indictment said. The company was identified only as “Company One” in the indictment. Mr Wang was also accused of waiting for more than four months before telling Apple that he was resigning, after he signed a new employment agreement with “Company One”. After the last day of his employment at Apple, on 16 April 2018, Apple’s officials found in their logs that he had accessed large troves of confidential data in the final days of his stint at the tech giant. His Mountain View home was searched on 27 June 2018. Law enforcement agents discovered “large quantities of data taken from Apple prior to his departure” during the search, for which Mr Wang was present. After telling the agents that he had no plans to travel, he purchased a one-way ticket to Guangzhou, China, and boarded a flight that same night. In a press conference, Mr Ramsey said Mr Wang remained in China and he could face 10 years in jail, if extradited and convicted. This is the third incident of a former Apple employee being charged for stealing of documents for China. Two other Apple employees have previously been charged in similar cases involving theft of trade secrets, reported the BBC. Read More Elon Musk calls working from home ‘morally wrong’ How many more rapists and killers are in Met? Police force ‘institutionally racist, misogynistic and homophobic’ says damning report The Independent backs calls for jailed media tycoon Jimmy Lai to be released
2023-05-17 16:52
Chevron’s Carbon Capture Flagship Is Stuck at One-Third Capacity
Chevron’s Carbon Capture Flagship Is Stuck at One-Third Capacity
Chevron Corp.’s flagship carbon capture and storage project in Australia faces years of work to hit full capacity,
2023-05-17 15:17
«49505152»