
Category: business – Page 243


I almost died from a leading American killer: Choking on food
I have a very important and scary story to share I wrote. Give it a read. It’s published the Napa Valley Register (the main paper of a community where my wine business is newly located). The article is about one of the most common and unexpected ways people around the world die. I almost did.
I recently completed a European speaking tour discussing transhumanism, a social movement whose primary goal is to live as long as possible through science.
Ironically, I’ll probably remember the month-long tour most for a specific 60 seconds—when I almost choked to death on thick, leathery bread in a German restaurant. This may be surprising, but the fourth-leading cause of unintentional death in America is asphyxiation from choking on food, according to the National Safety Council.
In fact, a few years ago, a high school friend of mine who was a talented athlete died when meat became lodged in his windpipe. In total, approximately 2,500 Americans perish every year from choking on food.
Most people never worry about the mechanics of how food travels from the mouth to the stomach—many of us have eaten tens of thousands of times without serious incident. But in today’s modern society, with a range of new types of foods and textures, and the fact many of us are always in a rush (like I was constantly on my speaking tour), people should consider choking dangers far more. People should also know that they can choke on a wide variety of foods that accidentally get stuck in the trachea instead of going down the esophagus.
The Hidden Dangers of Home DNA Tests
Consumer DNA tests have taken off in popularity, promising to give you clues to your heritage and health. But after the test is done, who owns your personal genetic data? Bloomberg QuickTake explains why you should think twice before sending in that vial.
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Saudi Fund in Talks to Invest in Tesla Buyout Deal
While Elon Musk owns 20% of Tesla, more than $60 billion would be needed to buy the business from public shareholders.
Saudi Arabia’s sovereign wealth fund is in talks that could see it becoming a significant investor in Tesla as part of Elon Musk’s plan to take the electric car maker private, according to a person with direct knowledge of the fund’s plans.
The Public Investment Fund, which has built up a stake just shy of 5 percent in Tesla in recent months, is exploring how it can be involved in the potential deal, the person said on condition of anonymity. Discussions began before the controversial Aug. 7 tweet by Musk, who is Tesla’s co-founder and chief executive officer, saying he was weighing a plan to take the company private.

UCLan unveils world’s first graphene skinned plane
The University of Central Lancashire (UCLan) has unveiled the world’s first graphene skinned plane at an internationally renowned air show. Juno, a three-and-a-half-metre wide graphene skinned aircraft, was revealed on the North West Aerospace Alliance (NWAA) stand as part of the ‘Futures Day’ at Farnborough Air Show 2018.
The University’s aerospace engineering team has worked in partnership with the Sheffield Advanced Manufacturing Research Centre (AMRC), the University of Manchester’s National Graphene Institute (NGI), Haydale Graphene Industries (Haydale) and a range of other businesses to develop the unmanned aerial vehicle (UAV), which also includes graphene batteries and 3D printed parts.
Billy Beggs, UCLan’s Engineering Innovation Manager, said: The industry reaction to Juno at Farnborough was superb with many positive comments about the work we’re doing. Having Juno at one the world’s biggest air shows demonstrates the great strides we’re making in leading a programme to accelerate the uptake of graphene and other nano-materials into industry.

African space programs will boost development with satellite data
The fascinating space adventures of Elon Musk and Jeff Bezos are essential viewing for anyone seeking to understand the future of business and industry here on Earth.
Rockets and space are increasingly important to Africa, where more countries have been partnering to launch or are launching their own satellites. Still, discussions here remain more prosaic than determining how soon we’ll be colonizing Mars or sending industrial operations to the moon.
The satellites launched by the likes of SpaceX are smaller than ever before. Powerful nano-satellites, the size of soccer balls, are able to deliver detailed imagery and information about a chosen territory from space. These advances in technology and cheaper launch vehicles mean more developing countries can use satellites to collect troves of valuable data.

The Wild Inner Workings of a Billion-Dollar Hacking Group
THE FIN7 HACKING group has leeched, by at least one estimate, well over a billion dollars from companies around the world. In the United States alone, Fin7 has stolen more than 15 million credit card numbers from over 3,600 business locations. On Wednesday, the Justice Department revealed that it had arrested three alleged members of the group—and even more important, detailed how it operates.
The Justice Department announced the arrest of three members of notorious cybercrime group Fin7—and detailed some of their methods in the process.

The only thing mythical about unicorns these days is their valuation
They used to be the billion dollar start-ups. Now we call them unicorns, a term coined five years ago by Aileen Lee of Silicon Valley-based Cowboy Ventures. In mythology, unicorns are rare, beautiful creatures. It was the perfect name – until recently.
Now unicorn is taking on new meaning: start-ups that perpetuate the myth that they are worth a billion US dollars.
These days, it does not take much money to claim a US$1 billion valuation – under US$200 million in some cases. Nor do you have to be a leading edge or disruptive tech company. Many unicorns, especially those in China, are simply smartphone apps applied to businesses that have been around for decades.

Tesla’s production problems extend to its solar roof business, too
The production problems Tesla has faced with its Model 3 have been well documented. Now, sources say the company is facing similar issues with its solar roof tile initiative. According to Reuters, former and current employees have revealed that assembly line problems, plus CEO Elon Musk’s exacting aesthetic demands, has delayed production, causing tension with partner Panasonic, and rattling officials that are keen to see a return on significant state investment.
The “Solar Roof,” produced at Tesla’s factory in Buffalo, New York, is designed to look like and function as a regular roof while also generating energy. According to sources, technical challenges have delayed production, as has Musk’s design plans. Speaking to Reuters, one source said that “Aesthetic look is the key point that Elon is not always satisfied with. That’s the big issue.”
Neither Tesla nor Reuters’ sources have revealed current production figures for the roof tiles, but the delays are such that Panasonic — which the initiative depends on for solar components — has been forced to find other buyers for the parts it had built to sell to Tesla. According to a former Panasonic employee, the company has been shipping “large volumes” of its photovoltaic cells as samples to other prospective buyers, due to low demand from Tesla. Panasonic declined to comment on the issue, stating only that it “believes Tesla will use Panasonic cells when it mass-markets the Solar roof.”