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Jul 29, 2021

Melinda French Gates and McKenzie Scott team up to give $40 million to support women

Posted by in categories: business, finance

French Gates and Scott, who were formerly married to Seattle-based tech founders Bill Gates and Jeff Bezos, respectively, have become powerful philanthropists in their own rights. Both women, who are among the richest people in the world, have signed The Giving Pledge, promising to give away the majority of their wealth in their lifetimes.


In a powerful philanthropic pairing, Melinda French Gates and McKenzie Scott have teamed up to direct $40 million to advancing the power and influence of American women over the next decade.

The donation is being awarded to winners of the Equality Can’t Wait Challenge, a competition hosted by French Gates’ investment firm Pivotal Ventures, with financial support from Scott and her husband, Dan Jewett, as well as from the Charles and Lynn Schusterman Family Philanthropies. The challenge billed itself as “the first competition centered on gender and equality in the U.S. with an award of this magnitude and … an opportunity to invest in and empower women leaders.”

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Jul 29, 2021

Unemployment Crisis — 40% Of Americans Are About To QUIT Their Jobs

Posted by in categories: business, finance

Big shift in the making.


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Jul 29, 2021

FDA clears Synchron’s brain-computer interface device for human trials

Posted by in categories: biotech/medical, computing, Elon Musk, finance, neuroscience

A company that makes an implantable brain-computer interface (BCI) has been given the go-ahead by the Food and Drug Administration to run a clinical trial with human patients. Synchron plans to start an early feasibility study of its Stentrode implant later this year at Mount Sinai Hospital, New York with six subjects. The company said it will assess the device’s “safety and efficacy in patients with severe paralysis.” https://www.engadget.com/fda-brain-computer-interface-clinic…ml?src=rss


A company that makes an implantable has been given the go-ahead by the Food and Drug Administration to run a clinical trial with human patients. Synchron plans to start an early feasibility study of its Stentrode implant later this year at Mount Sinai Hospital, New York with six subjects. The company said it will assess the device’s “safety and efficacy in patients with severe paralysis.”

Synchron received the FDA’s green light ahead of competitors like Elon Musk’s. Before such companies can sell BCIs commercially in the US, they need to prove that the devices work and are safe. The FDA will provide guidance for trials of BCI devices for patients with paralysis or amputation during a webinar on Thursday.

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Jul 27, 2021

Sergey Young — Founder, Longevity Vision Fund — Longevity Venture Partner, BOLD Capital Partners

Posted by in categories: finance, life extension, Peter Diamandis

The science and technology of growing young — sergey young, founder, longevity vision fund.


Sergey Young (https://sergeyyoung.com/) is a longevity investor, visionary, and author, with a mission to help one billion people extend their healthy lifespans by making longevity affordable and accessible for everyone. As part of this mission, he is the Founder of the Longevity Vision Fund (LVF — https://lvf.vc/), a $100 Million venture capital fund that invests in technologies with the potential to disrupt life sciences and healthcare to help people live longer and healthier lives.

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Jul 23, 2021

Can foreign venture capitalists make good money from Indian tech?

Posted by in categories: computing, economics, finance

India has undeniable strengths, too, of course. Its computing and commercial talent makes it natural territory for venture capital. The potential to spawn game-changing startups is there. But the money flowing into venture capital worldwide is not really seeking originality. Like a Hollywood producer, it prefers to back variants of ideas that have already been hits. India is a decent story, but only a few will make decent money from it. The numbers just don’t add up.


The formula for success cannot simply be copied across from America or China | Finance & economics.

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Jul 22, 2021

Major outage hits major websites as 911 goes down in multiple cities

Posted by in categories: finance, habitats, internet

A major internet outage has affected the websites of major retail, financial, logistics and travel websites, while 911 service in several Virginia cities appears to be affected by a cut fiber optic cable.

Down Detector, a service that detects whether websites are working properly or not, began reporting a series of at least 50 major website outages shortly before 12pm EST on Thursday.

The websites of UPS, Delta Air Lines, Costco, American Express and Home Depot were down, displaying domain name system (DNS) service errors.

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Jul 16, 2021

Fossil fuel electricity generation has peaked worldwide

Posted by in categories: economics, energy, finance

“Emerging markets have no need to build up huge electrical infrastructure based on fossil fuels. Instead, they are leapfrogging this stage and meeting growth in demand by deploying clean energy systems — such as wind and solar — with huge potential to boost economic development and bring electricity to millions more people.”


Fossil fuel electricity generation has peaked worldwide as emerging markets seize the opportunities of low-cost renewables, according to a report published this week by India’s Council on Energy, Environment and Water (CEEW) and the financial think tank Carbon Tracker.

Renewables are already the cheapest source of new electricity additions in 90% of the world, the report notes. Emerging markets (non-OECD nations plus Chile, Colombia, Mexico and Costa Rica) therefore have no need to build up huge electrical infrastructure based on fossil fuels. Instead, they are leapfrogging this stage and meeting growth in demand by deploying clean energy systems – such as wind and solar – with huge potential to boost economic development and bring electricity to millions more people.

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Jul 14, 2021

Superfluid raises $9M To Build the Real-Time Finance Economy

Posted by in categories: economics, finance, internet

When thinking of the crypto community, or any other movement for that matter, it’s common to think of where it is now. Hundreds of projects, thousands of developers, millions of users. But crypto started, not so long ago, with a nobody, Satoshi Nakamoto.

By building a small, but incredibly dedicated community of supporters, crypto has become an unstoppable force which will define this century, changing the core of our economic system: money itself.

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Jul 13, 2021

Silicon Valley bets on crypto projects to disrupt finance

Posted by in categories: finance, law

Lawyers and venture capitalists said DeFi inhabits a largely unregulated grey area that could face pressure from the new Securities and Exchange Commission chair Gary Gensler. Some investors drew comparisons between DeFi and the boom in initial coin offerings four years ago, which collapsed following interventions by regulators.


Wave of ‘DeFi’ projects aim to reinvent exchanges, insurance, lending and more.

Jul 12, 2021

The argument for a permanent Olympic City

Posted by in categories: biotech/medical, entertainment, finance, internet, policy

Olympic stadiums can be costly and wasteful. Some have argued for a single, more sustainable, location that can be used year after year.


The summer Olympics have been a quadrennial tradition ever since the late 1800s—when modern sports and rivalries freshened up the ancient tradition. Since COVID-19 crashed the schedule for last years’ events, now the world is gearing up again for another round of competition in Tokyo.

Transporting athletes and fans from all over the world and to cities hosting the Olympic games comes with a gigantic carbon footprint, for example, the 2021 London Olympics had an estimated footprint of over 400 thousand tons of CO2 emissions. Constantly building brand-new stadiums every few years that often go unused after the games, with very few exceptions, is also extremely wasteful. The 2016 Rio Olympics whipped up a whopping 3.6 million tonnes of carbon when including all that went into infrastructure. Eerie listicles of decaying stadiums, including Rio’s, litter the internet with costly examples of the wasted hundreds of millions of dollars worth of labor and materials that go into just one site.

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