Lifeboat Foundation

Private sector solutions to major social problems — stephanie smith — director, humanitarian & development, mastercard.

Stephanie Smith is a Director, in the Humanitarian & Development group, at Mastercard (https://www.mastercard.us), the American multinational financial services corporation.

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Wiliot, a company developing Bluetooth-enabled sensors for tracking and analytics, has raised $200 million in venture capital.

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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Big shift in the making.

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Continue reading “Unemployment Crisis — 40% Of Americans Are About To QUIT Their Jobs” »

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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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.

Continue reading “Sergey Young — Founder, Longevity Vision Fund — Longevity Venture Partner, BOLD Capital Partners” »

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.

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.

“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.