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Archive for the ‘finance’ category: Page 8

Apr 4, 2021

The Fossil Fuel Industry Used Deception To Conceal Damage To BIPOC — NAACP Report

Posted by in categories: energy, finance, health, sustainability

30 Pieces of silver for the masses.


The National Association for the Advancement of Colored People (NAACP) just published a report titled Fossil Fuel Foolery, which identified 10 tactics that the fossil fuel industry used as excuses for not accepting accountability for its impacts on the environment and human health. DesmogBlog noted that the industry used a long list of deceptive tactics that concealed environmental destruction harming Black, Indigenous, and People of Color (BIPOC) as well as low-income communities. Not surprising — the fossil fuel industry only cares about money, and if the planet and human health stand in the way of that, so be it.

The article gave a snapshot of the report findings, and one of the most disturbing things I took notice of was the common tactic that the NAACP described as “co-opt community leaders and organizations and misrepresent the interests and opinions of communities,” sometimes with financial support, to “neutralize or weaken public opposition.”

Continue reading “The Fossil Fuel Industry Used Deception To Conceal Damage To BIPOC — NAACP Report” »

Apr 1, 2021

Two tech companies announce their move to Northern Nevada

Posted by in categories: biotech/medical, employment, finance, government

In Wednesday’s announcement, StemExpress CEO Cate Dyer said the COVID-19 pandemic created new demand for her company’s expertise. “When the pandemic first hit, we reached out to the federal government and started looking at ways we could help take seven of our laboratories around the United States and start offering COVID testing on a local basis, not only to support nursing homes, but Indian Tribal Communities as well as just the general public.”

PayCertify is a financial technology (FinTech) firm that “encompasses both a complete merchant and consumer experience front to back, pulling analytics and valuable insights to connect data sets in real-time from both the consumer and merchant side of the transaction.”

The two companies are expected to bring a combined 200 biotech and fintech jobs to the region.

Continue reading “Two tech companies announce their move to Northern Nevada” »

Mar 25, 2021

WWII codebreaker Turing honored on UK’s new 50-pound note

Posted by in categories: biotech/medical, finance, security

LONDON (AP) — The rainbow flag flew proudly Thursday above the Bank of England in the heart of London’s financial district to commemorate World War II codebreaker Alan Turing, the new face of Britain’s 50-pound note.

The design of the bank note was unveiled before it is being formally issued to the public on June 23, Turing’s birthday. The 50-pound note is the most valuable denomination in circulation but is little used during everyday transactions, especially during the coronavirus pandemic as digital payments increasingly replaced the use of cash.

The new note, which is laden with high-level security features and is made of longer-lasting polymer, completes the bank’s rejig of its paper currencies over the past few years. Turing’s image joins that of Winston Churchill on the five-pound note, novelist Jane Austen on the 10-pound note and artist J. M. W. Turner on the 20-pound note.

Continue reading “WWII codebreaker Turing honored on UK’s new 50-pound note” »

Mar 24, 2021

First house on the moon could be yours for $60M: study

Posted by in categories: finance, habitats, space travel

The first house on the moon, an ambitious space-saving alternative to life on crowded Earth, could cost an out-of-this-world $60 million, according to a new study.

That’s an estimated $320000 monthly payment for 1356 square feet of interior space, so if you want to go big, stay home.

The study, conducted by the UK finance site Money.co.uk, used SpaceX’s blastoff weight pricing to estimate what it would cost to bring materials, tools and laborers to the moon to begin the work. It also factored in the costs of new technology that architecture on the moon would require for life support and other factors.

Mar 21, 2021

Tech companies predict the (economic) future

Posted by in categories: economics, finance, robotics/AI

Welcome back to The TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s broadly based on the daily column that appears on Extra Crunch, but free, and made for your weekend reading. Want it in your inbox every Saturday morning? Sign up here.

Earnings season is coming to a close, with public tech companies wrapping up their Q4 and 2020 disclosures. We don’t care too much about the bigger players’ results here at TechCrunch, but smaller tech companies we knew when they were wee startups can provide startup-related data points worth digesting. So, each quarter The Exchange spends time chatting with a host of CEOs and CFOs, trying to figure what’s going on so that we can relay the information to private companies.

Sometimes it’s useful, as our chat with recent fintech IPO Upstart proved after we got to noodle with the company about rising acceptance of AI in the conservative banking industry.

Mar 16, 2021

Bitcoin worth more than Visa & Mastercard combined

Posted by in categories: bitcoin, finance

Impressive value.


According to data, bitcoin’s market cap is currently over $1 trillion. The digital coin went from zero to $1 trillion in network value 3.6 times faster than Microsoft.

Bitcoin also achieved a higher valuation than the world’s three biggest banks combined, when it hit an all-time high of $61700 last week, as its market cap approached roughly $1.15 trillion. The combined market cap of JPMorgan, Bank of America and The Industrial and Commercial Bank of China (ICBC) is $1.08 trillion.

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Mar 16, 2021

Baidu A.I. chip unit valued at $2 billion after funding and may become standalone business

Posted by in categories: business, finance, robotics/AI

GUANGZHOU, China — Baidu has raised money for its artificial intelligence (AI) semiconductor business at a valuation of $2 billion, a person familiar with the matter told CNBC.

It comes as the Chinese search giant looks to diversify its revenue streams.

The funding round was led by CPE, a Chinese asset management and private equity firm, the person said. Venture capital companies IDG and Legend Capital were also involved. A fund under Chinese investment company Oriza Holdings also participated in the round.

Mar 14, 2021

PsiQuantum Preparing to Emerge From Stealth, Expect Commercial Quantum Computer by 2025

Posted by in categories: computing, finance, quantum physics

By the middle of the decade, the team from PsiQuantum will have a commercial quantum computer, according to the Financial Times. The founders are also indicating they are ready to emerge from stealth.

PsiQuantum has been mostly silent about its quantum computer development but with its scientific bench composed of leading UK physicists and nearly $300 million in venture capital funding, according to The Quantum Insider, that silence has been deafening.

Mar 14, 2021

Living forever, computronium, abudance, genetic engineering, ending surgery, and on and on

Posted by in categories: bioengineering, biotech/medical, finance, genetics, government, life extension, robotics/AI

Check out “How Watson Works here.”

Is it possible to live forever by using narrow AI that can perform faster and smarter than humans? Having a doctor give you the correct diagnosis and treatment plan only happens on average, 54% of the time, as the New England Journal of Medicine has pointed out. Having Watson instantly diagnose you with the correct diagnosis and treatment plan 95% of the time will become the new standard. Our crop of new personal medicine products such as continual internal diagnostics, synthetic immune systems, virtual assistants, and regenerative medicine will diagnose and stop sickness from ever occurring while constantly rebuilding and improving body and mind capabilities.

IBM has made a series of Watson computer systems so that any company can raise their industries products and services far beyond our human capability. IBM’s Watson was first featured to the public with its historic Jeopardy win over Ken Jennings and Brad Rutter the best human Jeopardy players. At the time, Watson contained 200 million pages of structured and unstructured content in a ninety server computing system with an analytical software IBM designed called DeepQA. Now, the financial markets, medicine, insurance companies, government, engineering, and customer service call centers are employing (buying) Watson is an artificial intelligence system, that can be specifically tailored to any digitized industry and quickly evolve their industries potential.

Mar 10, 2021

Scientists Discover Ways of Making Old Blood New Again

Posted by in categories: biotech/medical, finance, life extension

Creating 200 billion-plus brand-new red blood cells a day can take a toll on a body. The capacity to replace components charged with the life-sustaining task of carrying oxygen eventually wears out with aging, resulting in health problems, from anemia to blood cancers.

What if we could halt the aging process and maintain young blood cells for life? With blood cells making up a whopping 90% of the body’s cells, it makes sense that keeping them abundant and fit could boost vitality into our golden years.

Now, a group of researchers, including experts at the University of Colorado Anschutz Medical Campus, has discovered ways to do just that – keep the blood manufacturing process flowing. The work, recently published in the journal Nature, could open doors to everything from disease-preventive therapies to better blood banks.

Continue reading “Scientists Discover Ways of Making Old Blood New Again” »

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