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Archive for the ‘finance’ category: Page 57

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.

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.

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.

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.

Continue reading “Superfluid raises $9M To Build the Real-Time Finance Economy” »

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.

Continue reading “The argument for a permanent Olympic City” »

Jul 12, 2021

Sun Valley Conference 2021—billionaire summer camp explained and who is attending

Posted by in categories: business, finance

Some of the biggest names in technology, media and finance have gathered this week in Sun Valley, Idaho, for the latest edition of the annual conference hosted by Allen & Company, a private investment bank. The event has been dubbed the “summer camp for billionaires” due to its guest list.


Facebook CEO Mark Zuckerberg, Apple CEO Tim Cook and Microsoft co-founder Bill Gates are reportedly among those who have been spotted at this year’s event, which began Tuesday and concludes on July 10.

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Continue reading “Sun Valley Conference 2021—billionaire summer camp explained and who is attending” »

Jul 10, 2021

I’m 11, I have a physics degree and want to make humans immortal

Posted by in categories: 3D printing, existential risks, finance, food, government, law enforcement, nanotechnology, quantum physics, robotics/AI, transhumanism

As someone with a passionate interest in longevity, transhumanism and biological immortality — I am naturally both excited and optimistic that medical technology will continue to advance in my lifetime — hopefully to the point where humanity has cured or at least greatly mitigated the signs & symptoms of most diseases as well as disabilities, radically expanded human biological lifespan regardless of age, and created a more dignified existence for all as a result of rapid breakthroughs in robotics, AI, automation, nanotechnology, 3D printing and biotechnology — which I hope in turn will largely eradicate poverty, disease, food & shelter insecurity, natural resource scarcity, environmental degradation and income inequality. I know that some of my likeminded friends are far more skeptical that we will ever see outright cures or significant mitigations for major diseases and disabilities — much less radical life extension or perhaps biological immortality in human beings — which are widely available on a commercial basis. They cite their belief that pharmaceutical giants, a plethora of not for profit organizations (i.e., American Cancer Society), and many other allegedly “self-interested parties” supposedly allied with government regulatory bodies — apparently do not want to see diseases or disabilities cured or lifespan significantly extended — EVER — as this would prevent them from earning untold sums selling treatments and supports for such things on a regular ongoing basis (i.e., chemo drugs for cancer, statins for cardiovascular disease, inhaled/oral steroids for lung disease, renal replacement therapy for kidney disease, mobile supports for spinal cord injuries, ect.) They believe that too much money would be at stake, too many jobs on the line and the entire “pharma-medical-academic industrial complex” supposedly at great risk, if actual cures or significant mitigations ever saw the light of day. Some of these friends even cite their belief that fully autonomous, accident proof, self-driving cars will most likely never occur — as it would supposed put the entire auto insurance industry at existential risk as well as deprive law enforcement agencies of a key source of reliable revenue (issuing speeding tickets) This one makes me giggle! 🤭 My friends also believe that radical life extension in human beings — much less biological immortality — would apparently upset the proverbial apple cart — where the “powers that be” are concerned — in terms of everything from the highly lucrative profits which are derived from pharmaceutical sales, old age homes, life and health insurance plans, personal financial services and all of the sales of key products and services associated with the aging process — to macroeconomic considerations such as the long term viability of government entitlement programmes. They believe that government regulatory authorities allegedly working at the behest of the aforementioned self-interested parties will always seek to delay, disrupt or even derail ANY and ALL significant progress into cures/mitigations for disease/disabilities, radical human life extension and/or human biological immortality. Apparently, new biotech start ups which do advance the aforementioned things are allegedly “always aggressively bought out by monopoly capital — with their cures and advances indefinitely suppressed” I personally tend to be more on the positive and optimistic side where these things are concerned — but perhaps these rather pessimistic arguments do have some validity — minus the implied conspiracy theory aspect. Do you think human beings will ever be “allowed” to truly be free from illnesses and disabilities? Will we ever be “permitted” to radically expand our lifespans or even become biologically immortal at some point? Please discuss.


I have already taken a few courses for a master’s in physics at the University of Antwerp and I want to complete it there. In a bachelor’s degree you get a basis of knowledge in physics and quantum physics, but it gets more detailed in a master’s.

The main reason I chose to study physics is because my end goal is to achieve immortality. One of the areas that is important in the study of immortality is physics, but as of yet, there is no mapped out path to achieve it.

Continue reading “I’m 11, I have a physics degree and want to make humans immortal” »

Jul 9, 2021

Harvard-MIT Quantum Computing Breakthrough – “We Are Entering a Completely New Part of the Quantum World”

Posted by in categories: finance, particle physics, quantum physics, supercomputing

Team develops simulator with 256 qubits, largest of its kind ever created.

A team of physicists from the Harvard-MIT Center for Ultracold Atoms and other universities has developed a special type of quantum computer known as a programmable quantum simulator capable of operating with 256 quantum bits, or “qubits.”

The system marks a major step toward building large-scale quantum machines that could be used to shed light on a host of complex quantum processes and eventually help bring about real-world breakthroughs in material science, communication technologies, finance, and many other fields, overcoming research hurdles that are beyond the capabilities of even the fastest supercomputers today. Qubits are the fundamental building blocks on which quantum computers run and the source of their massive processing power.

Jul 8, 2021

Team develops quantum simulator with 256 qubits, largest of its kind ever created

Posted by in categories: finance, particle physics, quantum physics, supercomputing

A team of physicists from the Harvard-MIT Center for Ultracold Atoms and other universities has developed a special type of quantum computer known as a programmable quantum simulator capable of operating with 256 quantum bits, or “qubits.”

The system marks a major step toward building large-scale quantum machines that could be used to shed light on a host of complex quantum processes and eventually help bring about real-world breakthroughs in , , finance, and many other fields, overcoming research hurdles that are beyond the capabilities of even the fastest supercomputers today. Qubits are the fundamental building blocks on which quantum computers run and the source of their massive processing power.

“This moves the field into a new domain where no one has ever been to thus far,” said Mikhail Lukin, the George Vasmer Leverett Professor of Physics, co-director of the Harvard Quantum Initiative, and one of the senior authors of the study published today in the journal Nature. “We are entering a completely new part of the quantum world.”

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