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Archive for the ‘business’ category: Page 88

Oct 24, 2022

Bill Gates-backed startup builds a massive refinery to turn alcohol into jet fuel

Posted by in categories: business, energy, sustainability, transportation

Bill Gates founded Breakthrough Energy and has recently announced that its first Catalyst project funding will come in the form of a $50 million grant to LanzaJet’s Freedom Pines Fuels sustainable aviation fuel (SAF) plant in Soperton, Georgia.

Breakthrough Energy Catalyst is a unique program that brings together businesses and nonprofits to fund key first-of-its-kind commercial-scale projects that speed up the deployment of essential technologies.

Oct 24, 2022

Hevolution Foundation Launches Grants Program to Encourage Research into the Science of Aging in Saudi Arabia

Posted by in categories: biotech/medical, business, life extension, science

RIYADH, Saudi Arabia—()— Hevolution Foundation, a non-profit organization that provides grants and early-stage investments to incentivize research and entrepreneurship in healthspan science, announces a new grants program to encourage research into the aging process in Saudi Arabia, as part of the growing Saudi scientific ecosystem. The program, Hevolution’s Open Call for Grant Applications in Saudi Arabia, will provide funding of up to 500,000 Saudi Riyals for local researchers with an interest in the mechanisms of aging.

“This grants program is the first of many through which we aim to encourage the development of the field of aging research in Saudi Arabia” Tweet this

“Saudi Arabia’s population is relatively young but has high rates of age-related conditions such as heart disease and diabetes,” commented Mehmood Khan, MD, Hevolution Foundation’s Chief Executive Officer. “Our hope is that by tackling the aging process itself, we can alleviate the burden of diseases and conditions of aging for the people of Saudi Arabia and worldwide. With this pilot program and others that we have in the works, we hope to enable Saudi Arabia’s scientific community to be a key player in the global charge to reduce the burden of age-related diseases and conditions that affect most of humanity.”

Oct 21, 2022

Microsoft Confirms Server Misconfiguration Led to 65,000+ Companies’ Data Leak

Posted by in categories: business, cybercrime/malcode, internet

Microsoft this week confirmed that it inadvertently exposed information related to thousands of customers following a security lapse that left an endpoint publicly accessible over the internet sans any authentication.

“This misconfiguration resulted in the potential for unauthenticated access to some business transaction data corresponding to interactions between Microsoft and prospective customers, such as the planning or potential implementation and provisioning of Microsoft services,” Microsoft said in an alert.

The misconfiguration of the Azure Blob Storage was spotted on September 24, 2022, by cybersecurity company SOCRadar, which termed the leak BlueBleed. Microsoft said it’s in the process of directly notifying impacted customers.

Oct 20, 2022

New Method Converts Fish Waste Into Valuable Nanomaterial in Seconds

Posted by in categories: biotech/medical, business, chemistry, computing, nanotechnology

This could enable for microgrids for sewage disposal and more lucrative businesses in waste reclaiming through making essentially computers with waste.


A synthesis procedure developed by NITech scientists can convert fish scales obtained from fish waste into a useful carbon-based nanomaterial. Their approach uses microwaves to break the scales down thermally via pyrolysis in less than 10 seconds, yielding carbon nano-onions with unprecedented quality compared with those obtained from conventional methods. Credit: Takashi Shirai from NITech, Japan.

Continue reading “New Method Converts Fish Waste Into Valuable Nanomaterial in Seconds” »

Oct 20, 2022

Microsoft Customer Data Exposed by Misconfigured Server

Posted by in categories: business, security

Sensitive information for some Microsoft customers were exposed by a misconfigured server, Microsoft Security Response Center said on Wednesday. The misconfigured endpoint was accessible on the Internet and did not require authentication.

The exposed information included names, email addresses, email content, company name, phone numbers, and files “relating to business between a customer and Microsoft or an authorized Microsoft partner,” the company said. The endpoint has already been secured to require authentication, and affected customers have been notified.

“This misconfiguration resulted in the potential for unauthenticated access to some business transaction data corresponding to interactions between Microsoft and prospective customers, such as the planning or potential implementation and provisioning of Microsoft services,” Microsoft said, noting that there is no indication that customer accounts or systems had been compromised.

Oct 19, 2022

5 Engineer Entrepreneurs Who Have Made it Big in Non-Engineering Sectors

Posted by in categories: business, engineering, mobile phones

Engineering and entrepreneurship — a match made in heaven!

Entrepreneurship is often glamorized, but in reality, it takes a lot of time and effort to make it. After all, there’s a reason why most startups fail. Additionally, managing a business requires specific skills, such as attention to detail and the ability to lead others. Having an analytical mindset is just as important.

Given these aspects, it’s not surprising that engineers make great entrepreneurs. Jeff Bezos, Bill Gates, Steve Wozniak, and Henry Ford all started their careers as engineers. However, not all engineers work in tech.

Continue reading “5 Engineer Entrepreneurs Who Have Made it Big in Non-Engineering Sectors” »

Oct 19, 2022

As turbulence ramps up, Xsolla solutions unlock new strategies for game developers

Posted by in categories: business, climatology, economics, entertainment

This GB Live News is in partnership with VB Lab funded by Xsolla.

Video games have always been resilient, even in an increasingly volatile geopolitical climate. Long-time game players are fiercely loyal, and enthusiastic new gamers keep pouring into the market, says Chris Hewish, president of Xsolla. In the first half of 2022 alone, more than 651 deals were announced or closed, for a value of $107 billion. But in a fiercely competitive market, clouded by less economic certainy, studios and indie developers are exploring an increasing number of ways to reach the audiences.

“Game companies do need to look at how their business models can function in a macroeconomic climate, heading into a recession,” he added. “Capital is going to become tighter. If you have a business model based upon growth over profitability, it’s going to be harder to find fuel for that growth. Readjusting to focus on profitability is probably one of the biggest things game companies can do right now, if they haven’t already, to weather the storm in a macro sense. But the opportunity with players and the number of people playing and spending, that’s still looking good.”

Oct 19, 2022

Saudi Arabia wants to build skyscrapers that will run for dozens of miles

Posted by in categories: business, energy

The event will take place in a man-made city with a year-round winter sports complex. Can you make snow in the desert? It seems you can, as Saudi Arabia will be hosting the 2029 Asian Winter Games, according to a report published by the South China Morning Post on Tuesday.


Saudi Arabia plans to build the world’s largest buildings as part of its $500 billion development plan called NEOM, as the country looks to steer away from its heavy dependence on oil, Bloomberg reported.

At 10.8 million barrels a day, Saudi Arabia contributes 11 percent of the global oil production and is the largest exporter of crude oil. As the world looks towards a future that is powered by cleaner sources of energy, Saudi Arabia wants to diversify its income sources and has been looking at building destinations where it can attract industries and businesses in the future.

Continue reading “Saudi Arabia wants to build skyscrapers that will run for dozens of miles” »

Oct 17, 2022

New PHP information-stealing malware targets Facebook accounts

Posted by in categories: business, cybercrime/malcode

Threat analysts have spotted a new Ducktail campaign using a new infostealer variant and novel TTPs (tactics, techniques, and procedures), while the Facebook users it targets are no longer limited to holders of business accounts.

Oct 16, 2022

Facial Recognition: The Future of Targeted Marketing

Posted by in categories: business, robotics/AI

Your Face is the Future of Targeted Marketing. Here’s Why Businesses Should Use Facial Recognition.

Facial recognition technology compliant with global data privacy laws can open new doors for targeted marketing campaigns.

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