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Archive for the ‘finance’ category: Page 23

Sep 25, 2023

Elon Musk’s Little Sister Says She Is Overcharged Because People Assume Her Brother Pays For Everything — Despite Being the Richest Man in The World, He Doesn’t

Posted by in categories: Elon Musk, finance, sustainability, transportation

In an interview this year, Tosca Musk, entrepreneur and sister of Tesla Inc. and SpaceX CEO, Elon Musk, shed light on the unexpected burdens that come with her famous last name. While speaking to the Daily Mail, Tosca discussed the misconceptions and financial pressures she faces because of her sibling’s astronomical wealth. She is the younger sister of the richest man in the world who has a net worth of around $230 billion, according to Forbes.

Tosca, renowned for her role as founder of the streaming service and production company Passionflix, shared a particular incident that highlighted these issues. She revealed that when she sought to secure a location for her ventures, she was initially quoted $5,000 per day. As soon as her identity was recognized, the rate mysteriously skyrocketed to $25,000. Musk expressed her frustration, stating that such assumptions were hardly equitable.

Sep 24, 2023

Funded Small Business Spotlight: Juvena Therapeutics Unlocking the Secrets of Tissue Regeneration

Posted by in categories: business, finance, life extension

As we age, our muscles and other tissues break down in much the same way as degenerative diseases progress. What we learn from studying degenerative diseases such as muscular dystrophy could help researchers develop new interventions to fight common age-related ailments and chronic illnesses.

With help from NIA, biotechnology company Juvena Therapeutics has begun unlocking the secrets of proteins for regenerative medicine. Juvena scientists are using a form of muscular dystrophy — myotonic dystrophy type 1 (DM-1) — as a model to sift through proteins that are produced by the body’s stem cells. These cells have the potential to become any type of cell in the body, from liver tissue to skin cells. The goal is to find proteins that encourage tissue growth and repair, ultimately designing new drugs to prevent and treat degenerative diseases like DM-1. As part of this process, Juvena hopes to learn more about how to reduce the effects of aging on muscles and other tissues, too.


A new biotech trying to establish itself can feel isolated from the larger scientific community. For example, Juvena is unable to submit findings for publication before taking care of intellectual property protections. But NIH’s peer-review process offered confidential, scientifically rigorous feedback to fill that critical gap, and the NIA Small Business Programs staff offered helpful advice.

Continue reading “Funded Small Business Spotlight: Juvena Therapeutics Unlocking the Secrets of Tissue Regeneration” »

Sep 24, 2023

Thinner Than the Photon Itself — Scientists Invent Smallest Known Way To Guide Light

Posted by in categories: computing, finance, particle physics

Channeling light from one location to another is the backbone of our modern world. Across deep oceans and vast continents, fiber optic cables transport light containing data ranging from YouTube clips to banking transmissions—all within fibers as thin as a strand of hair.

University of Chicago Prof. Jiwoong Park, however, wondered what would happen if you made even thinner and flatter strands—in effect, so thin that they’re actually 2D instead of 3D. What would happen to the light?

Through a series of innovative experiments, he and his team found that a sheet of glass crystal just a few atoms thick could trap and carry light. Not only that, but it was surprisingly efficient and could travel relatively long distances—up to a centimeter, which is very far in the world of light-based computing.

Sep 23, 2023

Job Seekers, Look Out for Job Scams

Posted by in categories: business, cybercrime/malcode, economics, finance

The economic downturn is already a devastating blow to job seekers everywhere. Now scammers are taking advantage of the situation by ramping up their methods of swindling people.

Job scamming is a threat to job seekers all over the world. For example, the Better Business Bureau (BBB) reported an increase in job scam complaints in the United States and Canada in the past several years. Singapore job seekers lost $660 million SGD ($495 million USD) in 2022 alone. And in the UK, 10,000 people were approached on LinkedIn and Facebook by “foreign spies and malicious actors” to steal information.

Phishing attacks and malware are the primary methods of scamming job seekers, according to a February Trellix report. Scammers create fake websites, often employing typosquatting. A fake site uses a real name like Indeed that’s slightly misspelled (such as “Indeeed”) or extends the URL in hopes the job seeker will not notice the base domain name. These sites appear legitimate but are used to steal passwords and financial information.

Sep 21, 2023

Intel Plans a Quantum Computing Approach to Leapfrog Rivals

Posted by in categories: finance, quantum physics, robotics/AI

The chipmaker is developing a sequel to its Tunnel Falls quantum processor. Quantum computing in coming years could improve batteries, finance and AI.

Sep 19, 2023

In The Age Of AI, Everything Is An API

Posted by in categories: biotech/medical, business, education, finance, governance, information science, robotics/AI

The API-AI nexus isn’t just for tech enthusiasts; its influence has widespread real-world implications. Consider the healthcare sector, where APIs can allow diagnostic AI algorithms to access patient medical records while adhering to privacy regulations. In the financial sector, advanced APIs can connect risk-assessment AIs to real-time market data. In education, APIs can provide the data backbone for AI algorithms designed to create personalized, adaptive learning paths.

However, this fusion of AI and APIs also raises critical questions about data privacy, ethical use and governance. As we continue to knit together more aspects of our digital world, these concerns will need to be addressed to foster a harmonious and responsible AI-API ecosystem.

We stand at the crossroads of a monumental technological paradigm shift. As AI continues to advance, APIs are evolving in parallel to unlock and amplify this potential. If you’re in the realm of digital products, the message is clear: The future is not just automated; it’s API-fied. Whether you’re a developer, a business leader or an end user, this new age promises unprecedented levels of interaction, personalization and efficiency—but it’s upon us to navigate it responsibly.

Sep 18, 2023

Hook: New Android Banking Trojan That Expands on ERMAC’s Legacy

Posted by in categories: finance, robotics/AI

Discover the evolution of Android trojans — ‘Hook’ inherits its powers from ‘ERMAC.’ How does it outperform its predecessor? Read on.

Sep 17, 2023

Tesla Developing Gigacasting Breakthrough; U.S. BEV Sales Soar — Autoline Daily 3648

Posted by in categories: finance, robotics/AI, sustainability, transportation

Autoline reports breaking global car news, with great insight and analysis. Also, top auto executive interviews. We cover electric vehicles (EV), autonomous vechicles (AV) and internal combustion engine technology (ICE), as well as car sales & financial earnings snd new car reviews.

0:00 UAW Lays Out Stand Up Strike Strategy.
1:41 Ford Fumes After UAW Rejects Counter Offer.
3:12 Tesla Develops Gigacasting Breakthrough.
5:23 China Upset Over EU EV Investigation.
6:06 U.S. BEV Sales Soar 67% Through July.
6:41 GMC Unveils All-New Acadia.
7:39 Cadillac Updates CT5 Sedan.
8:16 Jeep Gladiator Gets Slight Refresh.
8:42 Volvo Adds Video Streaming to Its Cars.

Continue reading “Tesla Developing Gigacasting Breakthrough; U.S. BEV Sales Soar — Autoline Daily 3648” »

Sep 17, 2023

IoT Sparks New DDoS Alert

Posted by in categories: cybercrime/malcode, finance, transportation

When the botnet floods the target with excessive requests, service failures occur which jeopardize the availability of the targeted system and even put the integrity of the whole infrastructure at risk. When aimed against essential infrastructures such as healthcare or transportation, the hazards go beyond financial and reputational harm to endangering people’s lives.

Incorporating IoT Devices into Botnets

IoT devices that are unpatched, unattended, or misconfigured, or are already under botnet DDoS attack, are at risk of being incorporated into a botnet. To expand the botnet, an attacker hacks new IoT devices. This process involves two entities: the botnet itself and the loader server, a special server that infects other devices.

Sep 15, 2023

REM Atoms and Nanophotonic Resonator Offer Path to Quantum Networks

Posted by in categories: biotech/medical, computing, finance, government, quantum physics, security

Researchers at Max Planck Institute of Quantum Optics (MPQ) and Technical University of Munich (TUM) demonstrated a potential platform for large-scale quantum computing and communication networks. Secure quantum networks are of interest to financial institutions, medical facilities, government agencies, and other organizations that handle personal data and classified information due to their much higher level of security.

To create an environment that supported quantum computing, the researchers excited individual atoms of the rare-earth metal erbium. The excitation process caused the erbium atoms to emit single photons with properties suitable for the construction of quantum networks.

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