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TradeBriefs Editorial

From the Editor's Desk

Artificial intelligence is taking over drug development - The Economist (No paywall)

The most striking evidence that artificial intelligence can provide profound scientific breakthroughs came with the unveiling of a program called AlphaFold by Google DeepMind. In 2016 researchers at the company had scored a big success with AlphaGo, an AI system which, having essentially taught itself the rules of Go, went on to beat the most highly rated human players of the game, sometimes by using tactics no one had ever foreseen. This emboldened the company to build a system that would work out a far more complex set of rules: those through which the sequence of amino acids which defines a particular protein leads to the shape that sequence folds into when that protein is actually made. AlphaFold found those rules and applied them with astonishing success.

The achievement was both remarkable and useful. Remarkable because a lot of clever humans had been trying hard to create computer models of the processes which fold chains of amino acids into proteins for decades. AlphaFold bested their best efforts almost as thoroughly as the system that inspired it trounces human Go players. Useful because the shape of a protein is of immense practical importance: it determines what the protein does and what other molecules can do to it. All the basic processes of life depend on what specific proteins do. Finding molecules that do desirable things to proteins (sometimes blocking their action, sometimes encouraging it) is the aim of the vast majority of the world’s drug development programmes.

Continued here


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Arvind Kejriwal 'non-cooperative', named Atishi during interrogation: ED tells Delhi court  
  

Arvind Kejriwal 'non-cooperative', named Atishi during interrogation: ED tells Delhi court
Additional solicitor general (ASG) SV Raju, appearing for the Enforcement Directorate, on Monday, April 1, told a Delhi court that chief minister Arvind Kejriwal, arrested in a money laundering case linked to the now-scrapped Delhi excise policy, was not cooperating with the investigation.



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New rule brings relief for passengers stuck in planes for delay in take-off   
  

New rule brings relief for passengers stuck in planes for delay in take-off
Long delays due to reasons such as poor weather have on occasions forced airlines to confine passengers for up to 12 hours within an aircraft waiting on ground for its turn for a take-off. But this is set to change soon.


India
As Jio Institute waits for Eminence status, its ex-Caltech Provost quits  
  

As Jio Institute waits for Eminence status, its  ex-Caltech Provost quits
EVER since it was selected by an expert panel in 2018 for the coveted “Institution of Eminence (IOE)” status, Reliance-backed Jio Institute has been waiting to receive the formal recognition from the government. On Monday, Dr G Ravichandran, one of the institute’s most high-profile hires, resigned as Provost well before the end of his term.



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Tech layoffs in 2024 touch 50,000: IBM, Dell, Ericsson and Vodafone and others cut 100s of jobs in March | - Times of India  
  

Tech layoffs in 2024 touch 50,000: IBM, Dell, Ericsson and Vodafone and others cut 100s of jobs in March | - Times of India
The TOI Tech Desk is a dedicated team of journalists committed to delivering the latest and most relevant news from the world of technology to readers of The Times of India. TOI Tech Desk’s news coverage spans a wide spectrum across gadget launches, gadget reviews, trends, in-depth analysis, exclusive reports and breaking stories that impact technology and the digital universe. Be it how-tos or the latest happenings in AI, cybersecurity, personal gadgets, platforms like WhatsApp, Instagram, Facebook and more; TOI Tech Desk brings the news with accuracy and authenticity.Read More


India
Arvind Kejriwal arrest: This will be the Delhi CM's routine in Tihar's jail number 2  
  

Arvind Kejriwal arrest: This will be the Delhi CM's routine in Tihar's jail number 2
Discover the latest business news, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!













India
Byju's holds off staff salaries second month in a row amid wait for NCLT nod over rights issue funding  
  

Byju's holds off staff salaries second month in a row amid wait for NCLT nod over rights issue funding
Discover the latest business news, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!


India


Editor's Note: About 1m Indians apply each year for about 1,000 slots, making it one of the most selective bureaucracies in history. Yet India has just 16 public employees per 1,000 people, one of the lowest ratios in the world. Indian officials also hop from position to position across various different tiers of government, moving every 15 months on average. As a recent retiree notes, this means that they have far too little time to develop proper expertise in any one area. Therefore problems go unresolved.


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What 10 Years of Modi Rule Has Meant for India’s Economy  
  

What 10 Years of Modi Rule Has Meant for India’s Economy
While America was experiencing a “vibecession,” feeling glum despite upbeat economic news, India has been doing the opposite. Here many of the signals are mixed — but the vibes are fantastic. International surveys show India’s consumers have become the most upbeat anywhere.


India



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Iran says Israel bombs its embassy in Syria, kills commanders  
  

Iran says Israel bombs its embassy in Syria, kills commanders
Reporting by Firas Makdesi in Damascus, Laila Bassam in Beirut, Parisa Hafezi in Dubai, Humeyra Pamuk in Washington, Michelle Nichols at the United Nations and Adam Makary in Cairo; Writing by Maya Gebeily, Peter Graff and Arshad Mohammed; Editing by Kevin Liffey and Cynthia Osterman



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Iran vows revenge after two generals killed in Israeli strike on Syria consulate  
  

Iran vows revenge after two generals killed in Israeli strike on Syria consulate
Tehran is likely to be closely monitoring the US response and for any signs President Joe Biden approved of the attack – or if he was simply notified when it began. The US has classified the al-Quds force as a terrorist force, but US diplomats have been working hard to avoid the Gaza war escalating into a wider conflict directly between Iran and Israel.



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4 Top Growth Stocks to Buy in April  
  

4 Top Growth Stocks to Buy in April
Neil Rozenbaum has positions in Rocket Lab USA, SoFi Technologies, and Tesla. The Motley Fool has positions in and recommends Tesla. The Motley Fool recommends Rocket Lab USA. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.


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Stocks are mirroring prior bubbles as the Fed is too 'loosey-goosey' with liquidity, top strategist says  
  

Stocks are mirroring prior bubbles as the Fed is too 'loosey-goosey' with liquidity, top strategist says
Edwards, who was among the few on Wall Street who foresaw the dot-com crash, has been warning for years that stocks could be in a similar bubble, especially amid the market\'s frenzy for artificial intelligence. That suggests stocks could be set up for a major correction, especially if the US tips into recession, he previously warned.


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Here's why YouTube is shelling out to get creators to make short videos | CNN Business  
  

Here's why YouTube is shelling out to get creators to make short videos | CNN Business
YouTube says hundreds of thousands of creators are now earning a paycheck from posting short-form videos on the platform, as it ramps up its race to compete with rivals like TikTok and Instagram. It hasn't been cheap: the Google-owned platform is shelling out tens of thousands of dollars to some of its top Shorts creators — like beauty influencer Sydney Morgan — every month.


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Latin America's new hard right: Bukele, Milei, Kast and Bolsonaro - The Economist (No paywall)  
  

Latin America's new hard right: Bukele, Milei, Kast and Bolsonaro
Try our new AI-powered search.css-1mui2f{background-color:var(--ds-color-new-york-90);box-sizing:border-box;color:var(--ds-color-london-5);font-family:var(--ds-type-system-sans-smallcaps);font-style:normal;font-size:0.9375rem;font-weight:500;margin-left:0.5rem;padding:0.125rem 0.5rem;}beta


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A Transgender Holiday Fell on Easter. Republicans Lashed Out at Biden.  
  

A Transgender Holiday Fell on Easter. Republicans Lashed Out at Biden.
Mr. Biden released a proclamation on Friday to “honor the extraordinary courage and contributions of transgender Americans and reaffirm our nation’s commitment to forming a more perfect union — where all people are created equal and treated equally throughout their lives.”


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How One Tech Skeptic Decided A.I. Might Benefit the Middle Class  
  

How One Tech Skeptic Decided A.I. Might Benefit the Middle Class
The researcher, whom The Economist once called “the academic voice of the American worker,” started his career as a software developer and a leader of a computer-education nonprofit before switching to economics — and spending decades examining the impact of technology and globalization on workers and wages.


Work
You Can Bet on Caitlin Clark Making Threes. The N.C.A.A. Isn’t Happy.  
  

You Can Bet on Caitlin Clark Making Threes. The N.C.A.A. Isn’t Happy.
The wagering is the latest signal of the growing popularity of women’s basketball. According to BetMGM, there have been 2.5 times as many bets placed on women’s basketball as last year. Clark has received the second-most bets of any player, man or woman, in both events. Americans will legally wager $2.7 billion on the men’s and women’s N.C.A.A. tournaments this year, according to the American Gaming Association.


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Two defendants in Trump Media insider trading case signal possible guilty pleas  
  

Two defendants in Trump Media insider trading case signal possible guilty pleas
Shvartsman also allegedly took steps to hide the source of the money. They included using \"corporate forms, multiple bank transfers, and legal agreements, to conceal the source of the funds used to purchase the yacht, as well as the ownership and control of the yacht once acquired,\" the indictment says.


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Trump seeks delay of hush money trial over 'prejudicial' press coverage, as he slams the case  
  

Trump seeks delay of hush money trial over 'prejudicial' press coverage, as he slams the case
Merchan in that hearing ordered jury selection to begin April 15 following his rejection of claims by Trump\'s attorneys that the DA\'s office had violated evidence-sharing rules. But the judge allowed those lawyers to file their motion to adjourn the trial on the grounds of negative press coverage.


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Trump posts $175 million bond in civil fraud case  
  

Trump posts $175 million bond in civil fraud case
The bond comes after a state appeals court ruled last week that the former president and his co-defendants had 10 days to post the amount, which was reduced from the $464 million judgment that was originally due March 25.


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Amazon is trying to get rid of its signature brown boxes. The retail shipping giant has a long way to go  
  

Amazon is trying to get rid of its signature brown boxes. The retail shipping giant has a long way to go
Matt Semmelhack, CEO and co-founder of Boox, supplies largely luxury direct-to-home brands like Goop and Rhode with reusable shipping boxes, but since the boxes have to be returned in a separate step, the return rate is lower, at 20%. Still, he is optimistic that with legislation, consumer habits will change. \"There\'s going to be an inflection point, and it\'s probably going to be when Walmart or Amazon starts doing it,\" he said.


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Al Jazeera faces 'security threat' ban as Israel passes new law  
  

Al Jazeera faces 'security threat' ban as Israel passes new law
In mid-October, Israel's government approved wartime regulations permitting the temporary closure of foreign media outlets that were viewed as posing a threat to the nation's interests.


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Middle East crisis: Iran's Revolutionary Guards Corps says two of its generals killed in Damascus consulate strike - as it happened  
  

Middle East crisis: Iran's Revolutionary Guards Corps says two of its generals killed in Damascus consulate strike - as it happened
Monday afternoon's strike removed a key figure in Iran's military heirarchy. Zahedi commanded units from the Quds forces - the Guards' clandestine foreign intelligence and paramilitary wing - in Lebanon and Syria and would have been a critical figure in Tehran's relationship with Hezbollah and Syria's president, Bashar al-Assad.


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Israeli forces withdraw from Gaza's al-Shifa hospital after two-week raid leaving facility in ruins  
  

Israeli forces withdraw from Gaza's al-Shifa hospital after two-week raid leaving facility in ruins
Guardian Newsroom: The unfolding crisis in the Middle EastOn Tuesday 30 April, 7-8.15pm GMT, join Devika Bhat, Peter Beaumont, Emma Graham-Harrison and Ghaith Abdul-Ahad as they discuss the fast-developing crisis in the Middle East.Book tickets here or at theguardian.live


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Iranian journalist stabbed in London discharged and 'residing at safe place'  
  

Iranian journalist stabbed in London discharged and 'residing at safe place'
Cdr Dominic Murphy, head of the Met's counter-terrorism command, said: "I appreciate the concern this incident has caused, for local people as well as for those in similar lines of work and from Iranian communities."


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Keep winning at tennis? You may see more images each second, scientists say  
  

Keep winning at tennis? You may see more images each second, scientists say
“At this stage we don’t really know much about where this variation is coming from, and what it is connected to. It could have to do with our eyes, or it could be related to the brain filtering out information.”


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Labour under pressure to say whether it would keep free hours childcare system  
  

Labour under pressure to say whether it would keep free hours childcare system
“Labour has been clear: we will not take away entitlements. We have asked Sir David Bell to lead a review into delivering a more effective childcare system, far from the shambles that the Conservatives have created.”


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Four in five Labour members back Keir Starmer, polling shows  
  

Four in five Labour members back Keir Starmer, polling shows
Guardian Newsroom: What is Labour’s plan?On Tuesday 16 April, 8pm–9.15pm BST, join Gaby Hinsliff, Tom Baldwin, Polly Toynbee and Kiran Stacey as they discuss the ideas and the events that might shape Labour in power.Book tickets here or at theguardian.live


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Thames Water hires restructuring advisers amid fears of collapse  
  

Thames Water hires restructuring advisers amid fears of collapse
James Wallace, a campaigner for River Action, said: “Whatever Thames Water tries to do in their final death throes we will be guaranteed of one thing: putting shareholders greed before customer needs. Following decades of rampant profiteering of a privatised geographic monopoly, this is the price we pay for deregulation and cutting so-called red-tape, AKA environmental protection.”


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Scotland's first minister defends Hate Crime Act amid barrage of criticism  
  

Scotland's first minister defends Hate Crime Act amid barrage of criticism
There has been a marginal decrease in overall hate crime charges being brought in Scotland. Racial crime remained the most commonly reported hate crime, followed by those with a sexual-orientation aggravating factor.


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Trump posts $175m bond in civil fraud case and averts asset seizures  
  

Trump posts $175m bond in civil fraud case and averts asset seizures
The case is part of a maelstrom of legal troubles Trump faces, including a criminal trial in New York set to begin on 15 April. Trump, who has pleaded not guilty, is accused in that case of illegally covering up hush money payments to a porn star ahead of the 2016 election.


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Trump's stake in Truth Social falls by $1bn after company reveals $58m loss  
  

Trump's stake in Truth Social falls by $1bn after company reveals $58m loss
John Rekenthaler, vice-president for research at Morningstar, recently argued Trump Media was akin to a cryptocurrency. "As with bitcoin, people buy Trump Media not for future cash flows but because: 1) they expect its price to rise, and 2) they feel an affiliation for the asset," he wrote. For Trump Media investors, "DJT shares represent a currency by which they can express their beliefs and commitment."


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California's Highway 1 road conditions will only get riskier, experts say  
  

California's Highway 1 road conditions will only get riskier, experts say
"There is another route - if you want to drive up safely you go up 101," Griggs said. "But you see lettuce and vegetables along that route. You don't see the spectacular Big Sur coast that people want to see."


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Robert F Kennedy Jr claims he qualifies for ballot in swing state North Carolina  
  

Robert F Kennedy Jr claims he qualifies for ballot in swing state North Carolina
“And I feel that that will be catastrophic, honestly, for not just our country, but for the world. So, I feel that the stakes couldn’t be higher, frankly. So, you know, I would love more than anything to sit out on the sidelines on this one and not be in this position, but I don’t feel like I can do that.”


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Florida supreme court clears way for both abortion ballot measure and six-week ban  
  

Florida supreme court clears way for both abortion ballot measure and six-week ban
“The Florida supreme court was right to let the ballot initiative go before voters – and it’s a good thing they did because voters will need to head to the polls to undo the damage the court is causing with its decision to allow an extreme ban on abortion to go into effect,” Mini Timmaraju, Reproductive Freedom for All president, said in a statement on Monday. “This is devastating news for access to abortion care in the state and the entire south.”


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Extremist ex-adviser drives 'anti-white racism' plan for Trump win - report  
  

Extremist ex-adviser drives 'anti-white racism' plan for Trump win - report
Ty Cobb, a former Trump White House lawyer, recently told the Guardian those close to the former president were now "looking for lawyers who worship Trump and will do his bidding. Trump is looking to Miller to pick people who will be more loyal to Trump than the rule of law."


Work
Can a Nursing Home Take Our Savings? We Have $350,000 in IRAs  
  

Can a Nursing Home Take Our Savings? We Have $350,000 in IRAs
You probably won\'t have to pay for a nursing home, but you definitely will have to pay for food, lodging and other essentials of ordinary living. SmartAsset\'s cost of living comparison calculator shows you how much you could save by moving to a less costly location.


Work
I'm Selling My Home and Netting $750k to Downsize for Retirement. Do I Have to Pay Capital Gains Taxes?  
  

I'm Selling My Home and Netting $750k to Downsize for Retirement. Do I Have to Pay Capital Gains Taxes?
Selling a home is a major financial decision but a financial advisor can help you evaluate its impact on your overall financial plan. Finding a financial advisor doesn\'t have to be hard. SmartAsset\'s free tool matches you with up to three vetted financial advisors who serve your area, and you can have a free introductory call with your advisor matches to decide which one you feel is right for you. If you\'re ready to find an advisor who can help you achieve your financial goals, get started now.


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Trump Media's stock is almost certain to crash  
  

Trump Media's stock is almost certain to crash
Still, I\'d guess Trump has much better odds of winning the White House (or ending up with some criminal convictions) than he does seeing his mediocre social-media company take off. He might want to call up someone on TMTG\'s board — say, his son Don Jr. — and see about them getting a meeting on the books to let him start offloading shares sooner rather than later.


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"I Refuse to Be the First Fatality": Elon Musk's The Boring Company's Safety Record Reportedly Left Employees Fearing For Their Lives  
  


As The Boring Company continues its endeavors, the recent OSHA citations and ongoing scrutiny from former employees and safety advocates underscore the critical need for a balance between ambitious technological advancement and the fundamental right to a safe working environment. The future of Musk’s vision for underground transportation may well depend on his ability to prioritize the safety and welfare of those tasked with turning his ambitious ideas into reality.


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George Soros Fund Buys $400 Million Stake In 227 US Radio Stations Going Into 2024 Election  
  

George Soros Fund Buys $400 Million Stake In 227 US Radio Stations Going Into 2024 Election
While it\'s unclear what implications this will have on radio stations across the U.S. or the 2024 election, it\'s likely to draw continued speculation and controversy going into the election this November.


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Health Insurers Tumble as Final Medicare Advantage Rates Disappoint  
  

Health Insurers Tumble as Final Medicare Advantage Rates Disappoint
The Medicare Advantage program paid private health insurers $455 billion last year, and the plans now cover 31.6 million people — more than half of people on Medicare. But the plans have faced intensifying scrutiny over costs and patients’ access to care.


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Trump Media stock tanks as new filing reveals heavy losses, 'greater risks' on Trump's involvement  
  

Trump Media stock tanks as new filing reveals heavy losses, 'greater risks' on Trump's involvement
In the filing, Truth Social maintained its goal of providing a \"\'home\' for cancelled content creators\" and a space to hold \"honest global conversation without fear of being censored or cancelled\" due to political viewpoints.


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Over 500,000 fast-food workers in California just got a huge raise thanks to a new law—but not everyone is celebrating  
  

Over 500,000 fast-food workers in California just got a huge raise thanks to a new law—but not everyone is celebrating
“They’ve already developed this buffer,” Bustamante said. “They’ve already basically developed these unnecessary price hikes in the past that allow them to now either be able to actually absorb higher operating costs without actually necessitating increases in prices or impacting labor in any negative way.”


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Trump Media shares plummet 21% days after debut  
  

Trump Media shares plummet 21% days after debut
(Reporting by Yuvraj Malik and Priyanka G in Bengaluru; Additional reporting by Tom Hals in Wilmington, Delaware and Saqib Ahmed in New York; Editing by David Gaffen, Arun Koyyur, Anil D\'Silva and Krishna Chandra Eluri)


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Investor in Trump SPAC to Change Plea in Insider Trading Case  
  

Investor in Trump SPAC to Change Plea in Insider Trading Case
The three men were arrested in June and charged with securities fraud, conspiracy and other counts. If found guilty, they each face as many as 25 years in prison on the most serious fraud charges, though they would probably get less time under federal sentencing guidelines.


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Vanguard Answers: What's the Ideal Tipping Point For My Roth Conversion?  
  

Vanguard Answers: What's the Ideal Tipping Point For My Roth Conversion?
Don’t miss out on news that could impact your finances. Get news and tips to make smarter financial decisions with SmartAsset’s semi-weekly email. It’s 100% free and you can unsubscribe at any time. Sign up today.


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Trump suffers $2bn hit as Truth Social stock slumps  
  

Trump suffers $2bn hit as Truth Social stock slumps
Broaden your horizons with award-winning British journalism. Try The Telegraph free for 3 months with unlimited access to our award-winning website, exclusive app, money-saving offers and more.


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This is the Platform Nancy Pelosi Used to Make Her Private Investment in Databricks  
  

This is the Platform Nancy Pelosi Used to Make Her Private Investment in Databricks
Collecting passive income from real estate just got a whole lot simpler. A new real estate fund backed by Dara Khosrowshahi gives you instant access to a diversified portfolio of rental properties, and you only need $100 to get started.


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Why Intel Stock Climbed While the Market Fell Today  
  

Why Intel Stock Climbed While the Market Fell Today
Eric Volkman has no position in any of the stocks mentioned. The Motley Fool recommends Intel and recommends the following options: long January 2023 $57.50 calls on Intel, long January 2025 $45 calls on Intel, and short May 2024 $47 calls on Intel. The Motley Fool has a disclosure policy.




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