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Archive for the ‘finance’ category: Page 77

Jun 14, 2021

Qualcomm reportedly offers to invest in Arm as regulators threaten to block Nvidias $40 billion acquisition

Posted by in categories: computing, finance

U.S. chip goliath Qualcomm has said it is open to the idea of investing in U.K. chip designer Arm if the company’s $40 billion sale to Nvidia is blocked by regulators, according to The Telegraph newspaper.

Qualcomm’s incoming CEO, Cristiano Amon, said Qualcomm would be willing to buy a stake in Arm alongside other industry investors if SoftBank, Arm’s current owner, listed the company on the stock market instead of selling it to Nvidia, the newspaper reported Sunday.

“If Arm has an independent future, I think you will find there is a lot of interest from a lot of the companies within the ecosystem, including Qualcomm, to invest in Arm,” Amon said. “If it moves out of SoftBank and it goes into a process of becoming a publicly-traded company, [with] a consortium of companies that invest, including many of its customers, I think those are great possibilities.”

Jun 11, 2021

UK air taxi firm Vertical Aerospace to float on New York stock market

Posted by in categories: finance, transportation

The aircraft could be used to transfer passengers between home and airports, Virgin believes. It would be able, for example, to make the 56-mile journey from Cambridge to Heathrow in 22 minutes, compared with a 90-minute drive.

The announcement represents another step in the race to making mass electric flight and air taxis a reality. Some analysts have predicted the sector could be worth £150bn by 2040 but significant hurdles remain, including regulation and safety certification. The VA-X4 has yet to take its first test flight. Dómhnal Slattery, the chief executive of Avolon, said its order would “accelerate the inevitable commercial rollout of zero-emissions aircraft. Before the end of this decade, we expect zero-emission urban air mobility, enabled by eVTOLs, to play an increasingly important role in the global commercial aviation market.”

Jun 10, 2021

Emerging Ransomware Targets Dozens of Businesses Worldwide

Posted by in categories: business, cybercrime/malcode, energy, finance, food, government, law

An emerging ransomware strain in the threat landscape claims to have breached 30 organizations in just four months since it went operational, riding on the coattails of a notorious ransomware syndicate.

First observed in February 2021, “Prometheus” is an offshoot of another well-known ransomware variant called Thanos, which was previously deployed against state-run organizations in the Middle East and North Africa last year.

The affected entities are believed to be government, financial services, manufacturing, logistics, consulting, agriculture, healthcare services, insurance agencies, energy and law firms in the U.S., U.K., and a dozen more countries in Asia, Europe, the Middle East, and South America, according to new research published by Palo Alto Networks’ Unit 42 threat intelligence team.

Jun 8, 2021

Aldehyde-stabilized cryopreservation

Posted by in categories: biotech/medical, chemistry, cryonics, finance, life extension, neuroscience

Circa 2015 brain immortality through aldehyde stabilized cryopreservation.


We describe here a new cryobiological and neurobiological technique, aldehyde-stabilized cryopreservation (ASC), which demonstrates the relevance and utility of advanced cryopreservation science for the neurobiological research community. ASC is a new brain-banking technique designed to facilitate neuroanatomic research such as connectomics research, and has the unique ability to combine stable long term ice-free sample storage with excellent anatomical resolution. To demonstrate the feasibility of ASC, we perfuse-fixed rabbit and pig brains with a glutaraldehyde-based fixative, then slowly perfused increasing concentrations of ethylene glycol over several hours in a manner similar to techniques used for whole organ cryopreservation. Once 65% w/v ethylene glycol was reached, we vitrified brains at −135 °C for indefinite long-term storage. Vitrified brains were rewarmed and the cryoprotectant removed either by perfusion or gradual diffusion from brain slices. We evaluated ASC-processed brains by electron microscopy of multiple regions across the whole brain and by Focused Ion Beam Milling and Scanning Electron Microscopy (FIB-SEM) imaging of selected brain volumes. Preservation was uniformly excellent: processes were easily traceable and synapses were crisp in both species. Aldehyde-stabilized cryopreservation has many advantages over other brain-banking techniques: chemicals are delivered via perfusion, which enables easy scaling to brains of any size; vitrification ensures that the ultrastructure of the brain will not degrade even over very long storage times; and the cryoprotectant can be removed, yielding a perfusable aldehyde-preserved brain which is suitable for a wide variety of brain assays.

Jun 8, 2021

Dr. Helene Gayle — President / CEO, Chicago Community Trust — Health, Equity and Economic Growth

Posted by in categories: biotech/medical, economics, finance, health

Health, Equity, And Economic Growth — Dr. Helene Gayle, MD, MPH, President and CEO, The Chicago Community Trust.


Dr. Helene D. Gayle, MD, MPH, is President and CEO of The Chicago Community Trust (CCT), one of the nation’s oldest and largest community foundations, and under her leadership, CCT has adopted a new strategic focus on closing the racial and ethnic wealth gap in the Chicago region.

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Jun 4, 2021

Why Two Pounds Of Dirt From Mars Costs $9 Billion | So Expensive

Posted by in categories: business, finance, space

The Perseverance rover began a two-year mission to collect Martian soil samples this year. It’s the first of three missions, jointly sponsored by NASA and ESA, aiming to bring Martian soil back to Earth in hopes of finding evidence of past life. The total costs of the missions will likely exceed more than $9 billion.

MORE SO EXPENSIVE VIDEOS:
Why Japanese Eel Is So Expensive.

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Jun 3, 2021

New internet woven from ‘spooky’ quantum links could supercharge science and commerce

Posted by in categories: computing, finance, internet, quantum physics, science

For that, they will need the quantum equivalent of optical repeaters, the components of today’s telecommunications networks that keep light signals strong across thousands of kilometers of optical fiber. Several teams have already demonstrated key elements of quantum repeaters and say they’re well on their way to building extended networks. “We’ve solved all the scientific problems,” says Mikhail Lukin, a physicist at Harvard University. “I’m extremely optimistic that on the scale of 5 to 10 years… we’ll have continental-scale network prototypes.”


Advance could precisely link telescopes, yield hypersecure banking and elections, and make quantum computing possible from anywhere.

Jun 1, 2021

Microsoft wants to unite APAC governments with cybersecurity council

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

Microsoft has galvanised policy makers across seven Asia-Pacific markets, including Singapore and Indonesia, in a bid to facilitate the sharing of threat intelligence and resources amongst their respective public sector. The US software vendor says “collective” efforts across the region are critical in combating cybersecurity threats, which are inevitable in an increasingly interconnected world.

It noted that Asia-Pacific saw malware and ransomware attacks at higher frequencies, clocking 1.6 and 1.7 times higher, respectively. than the global average. Citing numbers from its 2019 threat report, Microsoft said developing markets such as Indonesia, India, and Sri Lanka were most vulnerable to such threats that year.

It added that cybercrime not only resulted in financial losses and brought down operations, but also posed risks to national security and eroded trust in digital economies.

May 26, 2021

Nora Super — Milken Institute — Center for the Future of Aging — Alliance to Improve Dementia Care

Posted by in categories: education, finance, life extension, neuroscience, policy, security

Senior director, milken institute center for the future of aging, milken institute; executive director, alliance to improve dementia care.


Nora Super is the Senior Director of the Milken Institute Center for the Future of Aging (CFA) (https://milkeninstitute.org/centers/center-for-the-future-of-aging) and the Executive Director of the Milken Institute Alliance to Improve Dementia Care (https://milkeninstitute.org/centers/center-for-the-future-of…tia-care).

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May 25, 2021

Samsung Develops a Very Fast 512GB DDR5 Memory Module

Posted by in categories: biotech/medical, finance, robotics/AI, supercomputing

2 sticks of RAM giving you 1TB of memory will be the norm soon.


While consumers today typically use computers with 8GB or 16GB of DDR4 RAM inside, Samsung is pushing ahead with the next generation of memory modules. Its latest stick of RAM is a 512GB DDR5 module running at 7200Mbps.

The new module will be used in servers performing “the most extreme compute-hungry, high-bandwidth workloads.” That means supercomputers, artificial intelligence, and machine learning. It was made possible thanks to advanced HKMG technology, which Samsung adopted back in 2018 for its GDDR6 memory. Basically, HKMG replaces the insulator layer in DRAM structures. The high dielectric material contained in the layer reduces current leakage and therefore allows higher performance. At the same time, Samsung managed to reduce power usage in the new module by 13%.

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