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Category: finance – Page 121

Alternative financing for lunar mining exploration

The space industry is in the midst of a widespread transformation, as the last decade has seen several young, private companies seek to profit in areas historically dominated by governmental interests. Among these areas is lunar mining, which represents a crucial step for the development of the space economy by enabling the utilization of lunar resources. Though significant opportunities exist for wealth creation and societal benefits, it will require sustained multibillion-dollar investment to develop a vibrant lunar mining industry.

Exploration is the essential first step for any mining endeavor, terrestrially or otherwise, but with the technical challenges of lunar mining largely solved, access to capital has become the prevailing constraint. While the uncertainty of operating in space is the commonly used explanation for capital constraints, in reality, terrestrial explorers have seen funding steadily decline for a decade, with investors favoring lower risk, passive exposure to the mining sector. For lunar mining firms seeking to attract capital for exploration, this essay details the incompatibility of traditional investment options, the financing strategies developed by the similarly cash-strapped terrestrial mining industry, and how prospective lunar miners should capitalize on emerging trends in project finance.

Tesla releases first Model Y production picture, hints at body manufacturing breakthrough

Tesla has released the first official picture of a Model Y production vehicle, as well as pictures of the production line pictures — hinting at their previously discussed body manufacturing breakthrough.

With the release of Tesla’s Q4 2019 financial results, the automaker also announced the start of Model Y production, which happened earlier this month, and the start of deliveries in March.

For almost a year now, we have seen Model Y pre-production prototypes on public roads as part of Tesla’s extensive test program.

WHO declares China coronavirus that’s killed 171 a global health emergency

The World Health Organization said the fast-spreading coronavirus that’s infected more than 8,200 people across the world is a global health emergency — a rare designation that helps the international agency mobilize financial and political support to contain the outbreak.

The announcement comes just hours after the U.S. confirmed its first human-to-human transmission of the virus, which has killed at least 171 people in China and has now spread to at least 18 other countries.

Since emerging less than a month ago in Wuhan, China, the coronavirus has infected more people than the 2003 SARS epidemic, which sickened roughly 8,100 people across the globe over nine months. As of Thursday, there are at least eight cases in four countries, outside of China, of human-to-human transmission of the new coronavirus.

How to Clear Data Facebook Collects About You from Other Sites and Apps

Dear followers, you all should use this tool to find which 3rd-party ‘websites you visited’ or ‘apps you used’ have shared your activity data with Facebook and DELETE it.

How to use off-facebook activity tool?

However, it’s important to note that the feature doesn’t actually allow users to delete their browsing information from Facebook servers; instead, it simply lets users dissociate collected data from their Facebook account.

For example, I tried it and found that over 1000 apps and websites had shared my online activity with Facebook in the past 180 days, many of which are news, banking, and healthcare organizations, and even LinkedIn.

The Invisible ‘Global Currency’ That’s 24 Times Bigger Than Bitcoin

How many credit cards do you have? If you’re like the average American, you carry four in your wallet.

Chances are your credit cards are from different banks. But if you dumped out your wallet on the table and laid all your cards side by side, you’d notice something odd.

While all the cards are from different banks—and they all have their own special privileges, prestigious names, and color schemes—most have one thing in common:

Quantum computing talent war: JPMorgan Chase poaches a top IBM exec

Editor’s note: Geoff Woollacott is Senior Strategy Consultant and Principal Analyst at Technology Business Research. IBM and NC State are coperating on quantum computing development.

HAMPTON, N.H. – JPMorgan Chase announced on Jan. 22 the hiring of Marco Pistoia from IBM. A 24-year IBM employee with numerous patents to his credit, Pistoia most recently led an IBM team responsible for quantum computing algorithms. Algorithm development will be key to developing soundly engineered quantum computing systems that can deliver the business outcomes enterprises seek at a faster and more accurate pace than current classical computing systems.

A senior hire into a flagship enterprise in the financial services industry is the proverbial canary in the coal mine, as TBR believes such actions suggest our prediction of quantum achieving economic advantage by 2021 remains on target. Quantum executives discuss the three pillars of quantum commercialization as being:

In a Recent Simulation, a Coronavirus Killed 65 Million People

Three and a half hours later, the group finished the simulation exercise — and despite their best efforts, they couldn’t prevent the hypothetical coronavirus from killing 65 million people.

The fictional coronavirus at the center of the Event 201 simulation — a collaboration between the Johns Hopkins Center for Health Security, the World Economic Forum, and the Bill and Melinda Gates Foundation — was called CAPS, and it started with pigs in Brazil before spreading to farmers, not unlike how 2019-nCoV reportedly began with animals before spreading to people.

In the simulation, CAPS infected people all across the globe within six months, and by the 18-month mark, it had killed 65 million people and triggered a global financial crisis.

How smartphone apps changed the way people live in China

Fast forward 10 years and Li’s life has completely changed. No longer in finance, he communicates via WeChat and uses apps on his iPhone XS to order food, hail taxis, pay bills, and shop.

Most of the apps that permeate the daily life of Li and hundreds of millions of other Chinese had their beginnings at the start of the decade.

The 2010s will be remembered as the decade when smartphone apps became ubiquitous, spawning new Chinese tech giants whose platforms forever changed the way people live.

Survey: Capitalism ‘doing more harm than good,’ and technology is ‘out of control’

Most people believe that modern day capitalism “does more harm than good in the world,” according to a new survey.

The closely-followed 20th annual Edelman Trust Barometer — an annual survey of 34,000 people across 28 countries that measures the public’s trust in NGOs, business, government, and media — underscored how a strong global economy and a booming stock market have failed to completely allay the public’s worries about their own economic prospects.

Edelman released the survey timed to the 50th annual World Economic Forum in Davos, Switzerland. This year’s forum centers around the idea of stakeholder capitalism, proclaiming that a company’s purpose goes beyond generating wealth and instead should be measured by its environmental, social, and good governance objectives.

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