• News
  • National

Obama urges entrepreneurs to embrace diversity

Kenia is one of four Jamaicans in this years U.S. State Department, Global Entrepreneurship Summit (GES) 2016, held in Silicon Valley California, United States, from June 22-24, 2016.

Obama enters his final months in office with that sense of certainty shattered by the U.K.'s decision to leave the European Union and the resignation of Prime Minister David Cameron, one of his closest collaborators on the world stage.

As headliner for the seventh annual Global Entrepreneurship Summit at Stanford University's Memorial Auditorium, the president hobnobbed with a slew of tech luminaries, including CEO Mark Zuckerberg, Google CEO Sundar Pichai and AOL co-founder Steve Case.

Zuckerberg also explained how Facebook was created with young entrepreneurs.

Facebook founder Mark Zuckerberg joined the president onstage to interview three young entrepreneurs from other countries.

Clinton failed to hand over key email to State Department
It has recently interviewed Clinton's top aides, including former chief of staff Cheryl Mills and deputy chief of staff Abedin. The FBI has been investigating for months whether Clinton's use of the private email server imperiled government secrets.

For the first 7½ years of his presidency, Barack Obama could rely on the United Kingdom to back him up at almost every turn. "But it's this deep belief that you're trying to make a change, you're trying to connect people in the world, and I really do believe if you do something good and you help people out, then eventually some portion of that good will come back to you", he said. He said that boosting Internet connections would help founders around the world gain access to information and opportunities.

In today's world, Obama said, where economies undergo tremendous shifts, entrepreneurship remains the engine of growth and has the ability to turn an idea into reality.

Throughout this week, we'll be taking stock of America's innovative progress over the last seven-and-a-half years and announcing new steps we're taking to build on those efforts - including supporting advanced manufacturing and making, laying the groundwork for smart and connected cities, and expanding inclusive entrepreneurship across the United States. Obama said he was "confident" the United Kingdom was in an orderly transition from its 43-year membership in the union.

Obama is the first American president to visit India twice. Obama gave a keynote speech, where he addressed the need for more diversity in the tech industry and support from governments worldwide. "Hola, mucho gusto", Obama said, waving to the Cuban contingent from his podium onstage at Stanford University. A female entrepreneur from Egypt explained how legal and funding problems and general push-back from institutional sources ("Egypt is not startup-friendly", she said) caused her to "do workarounds" with nearly everything in order to get her business off the ground.

"It's never been more important", he said.

Leave Your Comment

Leave Your Comment

Latest News

  • Pennsylvania Rep. Chaka Fattah steps down after racketeering conviction

    Pennsylvania Rep. Chaka Fattah steps down after racketeering conviction

    Fattah had initially wanted to stay on, Brady said, out of concern for employees at his offices in Washington and Philadelphia. A Philadelphia jury on Tuesday convicted Fattah on 29 counts of bribery, racketeering, money laundering and fraud.

    Facing Argentina, Messi in Copa semis not overwhelming

    A chance to get ourselves into a final of a big tournament in our home country", Bradley told ussoccer.com. In the previous game , he came off the bench to score a hat-trick versus Panama in group play.
    Riots hit South African capital over mayoral candidate

    Riots hit South African capital over mayoral candidate

    Cases of murder, malicious damage to property and intimidation have been opened following protests in Tshwane , police have said. After robbing their victims, reports said, protesters burnt the bus the Zimbabweans were travelling, reducing it to a shell.
  • Brexit: Boris Johnson Declares That June 23 Could Be British "Independence Day"

    He said an Australia-based points system could do away with "a huge and uncontrolled influx of people who didn't have jobs to go to".

    After decades of war, Colombia, FARC rebels announce definitive cease-fire

    Santos has vowed to put the FARC deal to a referendum vote so Colombians can express their opinion. Peace talks received a boost when the FARC declared a unilateral ceasefire a year ago.
    Jury finds Led Zeppelin did not steal riff for 'Stairway'

    Jury finds Led Zeppelin did not steal riff for 'Stairway'

    A major deciding factor in the trial occurred when the jury was allowed to hear both " Stairway to Heaven " and " Taurus ". Led Zeppelin has been not guilty of stealing the opening chords from their legendary tune Stairway to Heaven .
  • World's Ugliest Dog of 2016 is a blind Chihuahua/Chinese Crested mix

    World's Ugliest Dog of 2016 is a blind Chihuahua/Chinese Crested mix

    The champion, SweePee, was a four-pound pup and in much better shape when Jason Wurtz got her as a gift for his first wife. Himisaboo's blond combover hairstyle drew comparisons to the presumptive Republican presidential nominee's 'do on Friday.

    VW to pay about $10.2B to settle emissions claims

    Former owners of the polluting vehicles will also be eligible for compensation - although less than current owners, sources said. Earlier this year the German company more than doubled its provisions for the scandal to €16.2bn (£12.6bn).
    Twilio shares soar 70 percent in stock market debut

    Twilio shares soar 70 percent in stock market debut

    Twilio , in its IPO prospectus , identified this concentration of revenue as a potential risk. Twilio Inc . shares rose $10.83, or 72 percent, to $25.83 in afternoon trading Thursday.
  • Former NBA MVP Derrick Rose traded from Bulls to Knicks

    Grant was selected by the Washington Wizards with the 19th overall selection (possessed by the Knicks ) in the 2015 NBA Draft. The last few years have been hard on him, as they have the Knicks , and maybe they can find success together.
    $333M Mega Millions Results for Tuesday June 21

    $333M Mega Millions Results for Tuesday June 21

    On the contrary, the jackpot has not been won for about three months now with the last victor getting $157 million on March 8. Based on its history, the biggest prize money the draw has ever given away was $656 million back in 2012.
    Solar plane begins trans-Atlantic stretch of global journey

    Solar plane begins trans-Atlantic stretch of global journey

    As Piccard flew above the Atlantic Ocean this morning, he took the time to tweet out a photo of his majestic view. A statement on the Solar Impulse website said it took off from JFK airport at 2:30 a.m. local time (6:30 a.m.
  • Here's How Brexit Will Hit the US Economy

    Banks had to project greater losses this time around, including $113 billion in trading losses for the eight biggest firms. So testing the largest USA financial institutions under negative interest rates is not outside the realm of possibilities.
    Macy's CEO Terry Lundgren to step down next year

    Macy's CEO Terry Lundgren to step down next year

    Many of America's traditional retail stores have struggled to adapt to the shift toward online shopping and fast-fashion chains. People are spending more of their money on experiences like restaurants, travel and home improvement and less on clothing.

    In speech, Trump to ramp up critique of Clinton as failure

    Even as Trump blasted Clinton , he returned to some of the core themes that first powered his surprising presidential campaign. Reading from a Teleprompter, he repeatedly referred to family, children, LGBT and women's rights.
  • Ireland needs 1st win over Italy in 22 years to advance

    We waited for the right time. "We didn't give them anything in the first half". Both of Lukaku's goals came via blistering counter-attacking moves.
    More crews to battle growing Colorado fire

    More crews to battle growing Colorado fire

    There are about 30 structures almost 1.5-miles south of the fire, some of which are private, but others are forest-service owned. Firefighters are working to secure the eastern flank of a wildfire that still threatens some communities in eastern Arizona.

    Israeli troops 'mistakenly kill Palestinian bystander'

    Others were shot dead by Israeli security forces during protests or killed by Israeli air strikes on the Gaza Strip. Israeli soldiers "mistakenly" shot and killed 15 year old Mahmoud Badran and injured four others.

Breaking News


Wales tops Northern Ireland, reaches Euro 2016 quarterfinals

- Northern Ireland scored an own goal for the first time since October 2011, which was also scored by Gareth McAuley (v Italy). The first among equals in this Wales ensemble, Bale accepted his team-mates' joy with arms outstretched.

APTV At The Movies: 'THE NEON DEMON' cast interview

Barely after exchanging names, Ruby invites her to a party-"a fun one", she says, after Jesse asks what kind. As those relationships curdle, Refn makes some salient points about our destructive notions of beauty.

Euro 2016: Alan Shearer says teams won't fear England in knockout stage

Finishing second means the Three Lions will play the second place team in Group F in Nice on Monday, June 27 at 8pm. Just couldn't get the goal, if we'd have got the goal it would have been a canter.

The Supreme Court Upholds Affirmative Action In University Of Texas Admissions Case

Fisher asserted that she was denied admission because the university impermissibly considered race as a factor in its decision. Powell Jr. said was a model for race-conscious admissions because it didn't use explicit quotas to achieve diversity.

AstraZeneca's FluMist Vaccine Fails Again, CDC Recommends Shots This Flu Season

The vaccine which is sprayed up the nose had been reported to be more effective in some seasons than some injected vaccines. In contrast, FluMist contains weakened (attenuated) but live viruses and works by stimulating a person's immune system.

Trump says he's not getting enough GOP support

Trump told Fox News Channel that he's "not looking to spend a billion dollars". "I may do that again in the general election". In perhaps the most important category, Pennsylvania voters said they would rather invite Trump to their barbecue.

Donald Trump's campaign has less cash than a bunch of MA politicians'

That's hard to believe, given the very bad few weeks Trump has had on the trail, which even he acknowledged this morning. In a speech Tuesday in OH , the former secretary of state is questioning Trump's temperament to guide the economy.

Cops: Gun got into Detroit building when guard stepped away

But on Monday, someone got through that security and slipped through the system in the unique county-city building. Craig added that only on-duty law enforcement officers are allowed to have weapons inside the municipal building.

Trump now claims he never suggested arming club-goers

An off-duty Orlando police officer was working security at the club when the shooting occurred, authorities have said. Although Trump frequently reminds us he has a permit to carry a gun, there's no indication he's ever done so.

The Conjuring 2 Reviews are in with Praise to James Wan

They make the best "we're married AND we're demonologists" vibe into something that very plausibly works on a marital level. However, the educated guess we can give says that it will be available for purchase on Amazon some time in September 2016.