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The UK is building an alarm system for climate tipping points - MIT Technology Review (No paywall) - Sep 5, 2024
| From | TradeBriefs <[email protected]> |
| Subject | The UK is building an alarm system for climate tipping points - MIT Technology Review (No paywall) - Sep 5, 2024 |
| Date | September 5, 2024 2:05 AM |
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- The top 25 stories curated by editors and fellow readers!
From the Editor's Desk
Charted: Millionaire Growth by Global Region
This graphic illustrates the growth in the number of millionaires per
region from 2016 to 2023, in absolute and percentage terms.
Continued here
[[link removed]}&lead=419599&emailid=59561&nl=daily]
_TradeBriefs: Newsletters for Decision-Makers!_
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The UK is building an alarm system for climate tipping points - MIT
Technology Review (No paywall) [[link removed]}&lead=419599&emailid=59561&nl=daily]
The UK’s new moonshot research agency just launched an £81 million
($106 million) program to develop early warning systems to sound the
alarm if Earth gets perilously close to crossing climate tipping
points.
Work
Here are 3 reasons you can't stop comparing yourself financially to
others, says bestselling author
[[link removed]}&lead=419599&emailid=59561&nl=daily]
People can easily fall into "false financial comparisons," a scenario
in which we believe we can afford the same lifestyles people we
perceive as "just like us" have, said author Manisha Thakor in her new
book, "MoneyZen: The Secret to Finding Your 'Enough.'"
Work
Should you include Reits in Your Portfolio? And if so, which ones? -
WSJ (No paywall) [[link removed]}&lead=419599&emailid=59561&nl=daily]
Many investors have real-estate investment trusts in their portfolios
because they provide exposure to the real-estate market without having
to buy property directly. But which of the many types of REITs on the
market have performed best over the long run, and do they provide the
housing-like returns investors seek?
Work
The soccer world's new big spender slashes budget for stars - WSJ (No
paywall) [[link removed]}&lead=419599&emailid=59561&nl=daily]
The Saudi Pro League’s spending on new players fell to just over
$530 million this summer, according to soccer data website
Transfermarkt. The kingdom picked up fewer high-profile stars, adding
Premier League standouts Ivan Toney, João Cancelo and Moussa Diaby.
Work
Companies' AI bets are at astronomical heights. C-suite likes its odds
anyway. - WSJ (No paywall) [[link removed]}&lead=419599&emailid=59561&nl=daily]
Sequoia Capital last September published a report arguing that Nvidia
infrastructure would have to collectively generate $200 billion in
lifetime revenue to justify companies’ spending on those advanced AI
systems over the course of just one year—and the spending wasn’t
anywhere near that mark.
Work
Russia built covert trade channel with India, leaks reveal - FT (No
paywall) [[link removed]}&lead=419599&emailid=59561&nl=daily]
Files outline Moscow's plan to spend rupees from oil sales on
sensitive electronics for war effort
Work
How Machines Learned to Discover Drugs - The New Yorker (No paywall)
[[link removed]}&lead=419599&emailid=59561&nl=daily]
When I first became a doctor, I cared for an older man whom I’ll
call Ted. He was so sick with pneumonia that he was struggling to
breathe. His primary-care physician had prescribed one antibiotic
after another, but his symptoms had only worsened; by the time I saw
him in the hospital, he had a high fever and was coughing up blood.
His lungs seemed to be infected with methicillin-resistant
Staphylococcus aureus (MRSA), a bacterium so hardy that few drugs can
kill it. I placed an oxygen tube in his nostrils, and one of my
colleagues inserted an I.V. into his arm. We decided to give him
vancomycin, a last line of defense against otherwise untreatable
infections.
Work
Moderna's First mRNA Mpox Vaccine Beats Licensed Rival Shots In Early
Testing - Forbes (No paywall) [[link removed]}&lead=419599&emailid=59561&nl=daily]
The first mRNA mpox vaccine to be pitted against licensed vaccines
beat its rivals by easing symptoms and potentially cutting
transmission, according to new research published Tuesday, a coup for
manufacturer Moderna as it strives to prove itself beyond COVID-19
amid efforts to contain an escalating outbreak of mpox in Africa.
Work
The Snoo can't help the people who need it most - STAT (No paywall)
[[link removed]}&lead=419599&emailid=59561&nl=daily]
When you have a baby, sleep becomes the holy grail. You become
convinced that getting your baby to go the hell to sleep depends on
the right swaddles, the right pacifier, the right settings on the
white noise machine, the right order of events. If a routine gets
disrupted or a special object misplaced, you fear that the kid will be
awake for days, and thus, so will you.
Work
What to Do When You Know More Than Your Boss - Harvard Business Review
(No paywall) [[link removed]}&lead=419599&emailid=59561&nl=daily]
There are instances when, as a newer professional, you might have more
experience in certain areas than your manager. This could be a deeper
understanding of the technologies you grew up, some innovations in
your field, or even foundational leadership skills that you’d like
to share. There are ways to communicate your knowledge with your
superiors while maintaining humility and a collaborative mindset. The
key is to be curious and collaborative — asking questions to better
understand their perspectives and framing your insights as resources
that will benefit the team.
Work
Federal Drug Policy on Marijuana May See a Major Shift in December -
Inc.com (No paywall) [[link removed]}&lead=419599&emailid=59561&nl=daily]
A decision on whether to reclassify marijuana as a less dangerous
drug in the U.S. won't come until after the November presidential
election, a timeline that raises the chances it could be a potent
political issue in the closely contested race.
Work
Can we solve quantum theory's biggest problem by redefining reality? -
New Scientist (No paywall) [[link removed]}&lead=419599&emailid=59561&nl=daily]
With its particles in two places at once, quantum theory strains our
common sense notions of how the universe should work. But one group of
physicists says we can get reality back if we just redefine its
foundations
Work
How Often Do Satellites Crash Back to Earth and Are There Dangers in
Their Return? - Discover Magazine (No paywall)
[[link removed]}&lead=419599&emailid=59561&nl=daily]
Satellites have become a vital part of our daily lives, quietly
orbiting Earth to enable technologies from weather forecasting to
global communications. But while these modern marvels work tirelessly
above us, they don’t last forever. Eventually, every satellite
reaches the end of its life — and that often involves a fiery dive
back through Earth’s atmosphere.
Work
Republicans sue Biden again over student debt relief
[[link removed]}&lead=419599&emailid=59561&nl=daily]
A group of Republican-led states are taking legal action against the
federal government in an effort to end plans that would lower or
eliminate debt for millions of student loan borrowers. In a lawsuit
filed on Tuesday by Missouri Attorney General Andrew Bailey and joined
by Georgia, Alabama, Arkansas, Florida, North Dakota and Ohio, the
plaintiffs argue that Biden and Cardona have "unlawfully tried to mass
cancel hundreds of billions of dollars in loans."
Work
How to organize your fridge, with tips from chefs
[[link removed]}&lead=419599&emailid=59561&nl=daily]
Independent journalism is more important than ever. Vox is here to
explain this unprecedented election cycle and help you understand the
larger stakes. We will break down where the candidates stand on major
issues, from economic policy to immigration, foreign policy, criminal
justice, and abortion. We’ll answer your biggest questions, and
we’ll explain what matters — and why. This timely and essential
task, however, is expensive to produce.
Work
Does Text Therapy Really Work?
[[link removed]}&lead=419599&emailid=59561&nl=daily]
More than a decade ago, Thomas Derrick Hull, a clinical psychologist
who researches digital health, had what felt like a wild thought. What
if therapists, who can’t keep up with demand for mental-health care
in the U.S., started texting their patients instead of making them
come into the office?
Work
Solar will get too cheap to connect to the power grid.
[[link removed]}&lead=419599&emailid=59561&nl=daily]
The cost of solar panels is plummeting, and this will flood the power
grid with cheap electricity. But that’s just Act 1. We won’t stop
building solar at the limits of the grid - we’ll build a lot more.
Work
Investor doubts about Wegovy copycats weigh on health startups - FT
(No paywall) [[link removed]}&lead=419599&emailid=59561&nl=daily]
US groups including Hims & Hers and Ro benefiting from shortages of
blockbuster anti-obesity jabs could find revenue streams under threat
Work
Volkswagen is running out of time
[[link removed]}&lead=419599&emailid=59561&nl=daily]
Cavalo also asked Blume to explain why Volkswagen is prioritizing its
up to $5 billion partnership with electric truck startup Rivian over
protecting German jobs. The deal — which provides Rivian with some
sorely-needed cash — is intended to help both companies launch
vehicles with new technology and slash production costs.
Work
An AI startup founded by OpenAI's chief scientist raised $1 billion
[[link removed]}&lead=419599&emailid=59561&nl=daily]
“We’ve identified a new mountain to climb that’s a bit different
from what I was working on previously,” Sutskever said in a
statement shared with Quartz. “We’re not trying to go down the
same path faster. If you do something different, then it becomes
possible for you to do something special.”
Work
Amazon-backed Anthropic rolls out Claude AI for big business
[[link removed]}&lead=419599&emailid=59561&nl=daily]
As startups such as Anthropic and OpenAI gain steam in the generative
AI business, they â alongside tech giants such as Google,
Amazon, Microsoft and Meta â have been part of an AI arms
race to integrate the technology to ensure they don't fall behind in a
market that's predicted to top $1 trillion in revenue within a
decade.
Work
Intel manufacturing business will see 'meaningful' revenue in 2027,
CFO says
[[link removed]}&lead=419599&emailid=59561&nl=daily]
The company is "not likely to see money" until the end of the year
from the U.S. CHIPS Act, Zinsner said. The act is allocating billions
in grants and other incentives to spur chip manufacturing in the
United States.
Work
Humana cutting Medicare Advantage plans that cover 10% of members
[[link removed]}&lead=419599&emailid=59561&nl=daily]
Susan Diamond, Humana’s chief financial officer, detailed the
company’s plans Wednesday at the Wells Fargo Healthcare Conference
after first hinting at them during Humana’s second quarter earnings
call in July.
Work
Black Hole Detectors Fulfill Moore's Law - Scientific American (No
paywall) [[link removed]}&lead=419599&emailid=59561&nl=daily]
In 1965 the engineer and future Intel co-founder Gordon Moore famously
noticed that the number of transistors on microchips has been
exponentially growing for several years, and predicted their
unstoppable increase would thenceforward drive computing. Now known as
“Moore’s law,” this remarkable forecast has largely held ever
since.Given the constant changes and advances in making microchips, a
consistent trend of exponential growth seems nothing short of
miraculous. But in fact, various other realms of technological
innovation now exhibit this trend, too. One that’s most interesting
to us—and, so far, largely overlooked—is the ongoing development
of a technology, called gravitational-wave antennas, which detects
distant black holes.Black holes form when gravity is so strong that no
other force of nature can stop the collapse of matter. They most often
are born from the deaths of massive stars, which have enough matter
and density to trigger the runaway gravitational collapse. And such
stellar-mass (or larger) black holes endure for very long periods of
time—practically forever, in comparison to the lifetime of any star.
Because of this, black holes are fairly ubiquitous in the universe,
with many millions estimated to exist in our galaxy alone.As these
strange objects have extremely strong gravity, they pull in everything
that approaches them, even light—hence the name black hole. While
this makes them uniquely interesting, it also makes them difficult to
observe. Fortunately, we can study them by virtue of their
gravitational waves, ripples propagating out across space that arise
when a black hole accelerates. We can detect these waves on Earth
using sophisticated instruments that discern the perturbations of
space caused by the waves’ passage. These changes are almost
inconceivably minuscule—for instance, the distance between the sun
and Earth (about 150 million kilometers!) changes less than the
thickness of a human hair when a typical cosmic gravitational wave
passes by.The more that a black hole accelerates, the stronger its
emitted gravitational waves will be, and thus the easier we can detect
them here on Earth. It turns out that the best way to accelerate a
black hole is to collide it with another black hole. These collisions
from a cosmic billiard game are currently our key source of
information about black holes.Technology development to detect the
collision of black holes began around the time Moore made his famous
prediction, in the 1960s. It was neither easy nor cheap. While
detectors improved over time, it took over half a century, and over a
billion dollars, to reach the first actual detection, in 2015. Since
then, however, the rapid improvement of detectors has brought new
detections—new discoveries—at an ever-increasing rate, and up to
today about 100 confirmed black hole collisions have been reported.As
Moore used the number of transistors in a microchip to quantify
technological progress, we propose using the rate of detected
collisions to quantify the advance of black hole detectors. Using this
metric, we have studied the results from the most sensitive black hole
detector, called the Laser Interferometer Gravitational-Wave
Observatory (LIGO), and its planned upgrade called Cosmic Explorer,
all to quantify past performance and forecast future improvement. We
measured performance by the actual or expected number of detected
collisions per year of observation, starting in 2000 and extending out
to after 2040.We found that the rate of technological improvement can
be described remarkably well as exponential growth, starting with the
first discovery in 2015 and projecting out some two decades into the
future. The rate of detections has been doubling about every two
years. And, provided Cosmic Explorer or its equivalent is actually
built and operated, that trend will continue for quite some time.
Moore’s law apparently applies to black hole detectors as well.
Work
As stock prices fall, investors prepare for an autumn chill - The
Economist (No paywall) [[link removed]}&lead=419599&emailid=59561&nl=daily]
Investors returning from summer holidays might feel dispirited upon
checking their portfolios. Stocks have had a poor start to September.
America’s benchmark S&P 500 index dropped by 2% on its first day of
trading. European shares followed suit on September 4th; those in
Japan have fallen by even more. It is a striking change from the calm
that had settled over markets before Labor Day. American share prices
ended August less than a hundredth of a percentage point below an
all-time high reached in July, European ones fared similarly and
Japanese stocks were just a few percentage points below their peak.
Adding to the good vibes, rich-world inflation had continued to cool,
setting the scene for the Federal Reserve to begin cutting interest
rates when its policymakers next meet on September 17th and 18th.
Work
Biden Expected to Block U.S. Steel Takeover
[[link removed]}&lead=419599&emailid=59561&nl=daily]
For months, the Committee on Foreign Investment in the United States,
or CFIUS, has been scrutinizing the deal over potential risks. There
has been mounting speculation that the Biden administration could
intervene before the November election.
Work
U.S. Announces Plan to Counter Russian Influence Ahead of 2024
Election
[[link removed]}&lead=419599&emailid=59561&nl=daily]
The State Department has offered a $10 million reward for information
pertaining to foreign interference in an American election. The
department specifically said it was seeking information on a group
known as Russian Angry Hackers Did It, or RaHDit.
Work
Most Americans do not feel rich with a million dollars, survey finds
[[link removed]}&lead=419599&emailid=59561&nl=daily]
With prices for everything from groceries to housing continuing to
rise, Americans continue to feel less well off than they did prior to
the pandemic
Work
U.S. Steel stock sinks on reports that Biden will reject Nippon Steel
takeover
[[link removed]}&lead=419599&emailid=59561&nl=daily]
A spokesperson for Nippon told CNBC that “U.S. Steel and the entire
American steel industry will be on much stronger footing because of
Nippon Steel’s investment in U.S. Steel – an investment that
Nippon Steel is the only willing and able party to do so.”
Work
A home isn't the first thing Americans want when interest rates fall
[[link removed]}&lead=419599&emailid=59561&nl=daily]
But rates would have to drop considerably for potential buyers to
finally bite. Just 2% of homeowners surveyed by Bankrate in June said
they would purchase a home this year at a mortgage rate of 6% or
higher. And nearly half said mortgage rates would need to be below 5%
for them to feel comfortable buying a home this year
Work
Researchers say their new brain chip tech rivals Elon Musk's Neuralink
[[link removed]}&lead=419599&emailid=59561&nl=daily]
“If all goes well, there will be hundreds of people with Neuralinks
within a few years, maybe tens of thousands within 5 years, millions
within 10 years,” Musk wrote on Aug. 21, replying to Neuralink’s
post about its second patient on X.
Work
Lyft is laying off workers and doubling down on e-bikes
[[link removed]}&lead=419599&emailid=59561&nl=daily]
“E-bikes in particular are growing so fast globally. It would be
insane not to take it on ourselves,” Lyft CEO David Risher told
TechCrunch. “So we said, let’s do this ourselves and bring it to
the real standard of excellence that we have for our whole
business.”
Work
The 10 cities with the best commutes in America
[[link removed]}&lead=419599&emailid=59561&nl=daily]
Lyft said that 35% of its riders are commuters and many of them are
worried about the cost of rideshare services. To use the price lock
feature, riders will have to pay Lyft $2.99 a month, on top of the
price of their rides, but then won’t be subject to surge pricing
during their commute.
Work
Only a third of America's millionaires actually feel 'wealthy'
[[link removed]}&lead=419599&emailid=59561&nl=daily]
But savings figures across the board continue to fall short of the
amount Americans actually believe they’ll need to retire
comfortably. That figure, known as the “magic number,” hit $1.46
million this year, according to Northwestern Mutual.
Work
Alert issued over potentially deadly fake bottles of Glen's Vodka
[[link removed]}&lead=419599&emailid=59561&nl=daily]
After the FSS released a warning in Scotland on Tuesday, a
spokesperson for the Loch Lomond Group, which owns Glen’s Vodka,
said: “Our priority is the health and safety of the public which
includes our many thousands of loyal Glen’s customers.
Work
Jim Riswold, Creator of 'Bo Knows' and Air Jordan Ads, Dies at 66
[[link removed]}&lead=419599&emailid=59561&nl=daily]
“Jim had this incredible sense of how you can meld advertising and
culture together and make it truthful and entertaining,” Susan
Hoffman, his longtime colleague at Wieden+Kennedy, the global ad
agency founded in Portland, Ore., said in an interview. “He was
brilliant. You never wanted to tell him that, though.”
Work
Leonard Riggio, 83, Dies; Founded Barnes & Noble and Upended
Publishing
[[link removed]}&lead=419599&emailid=59561&nl=daily]
The company’s strong-arm practices upended the industry. Thousands
of independent bookstores went out of business as Barnes & Noble grew.
And Mr. Riggio — a dapper Brooklyn-raised liberal and art lover
devoted to civil rights and Democratic causes — found himself
roundly vilified as the publishing world’s most heinous bad guy and
as a neighborhood killer and a philistine.
Work
U.S. targets Russia over 2024 election influence operation
[[link removed]}&lead=419599&emailid=59561&nl=daily]
"4. 2016 called and it wants its clichés back," the RT press office
wrote. "5. Three things are certain in life: death, taxes and RT's
interference in the US elections 6. We gotta earn our Kremlin paycheck
somehow 7. Somewhere Secretary Clinton is sad that it's not because of
her."
Work
Venezuelan and Proxy Forces Linked to at Least 6 Protester Deaths,
Rights Group Says
[[link removed]}&lead=419599&emailid=59561&nl=daily]
The report said it also independently verified 11 of the 24 reported
deaths by reviewing photos, videos and death certificates. The
organization also interviewed 20 sources, including family members,
witnesses, journalists and other human rights groups.
Work
U.S. Steel shares plunge on report White House preparing to block
Nippon Steel takeover
[[link removed]}&lead=419599&emailid=59561&nl=daily]
"Simply put, U. S. Steel and the entire American steel industry will
be on much stronger footing because of Nippon Steel's investment in U.
S. Steel - an investment that Nippon Steel is the only willing and
able party to do so," the spokesperson said.
Work
Report: A quarter of X advertisers plan to cut spending next year
[[link removed]}&lead=419599&emailid=59561&nl=daily]
X didn’t immediately respond to a request for comment. The company
told the Financial Times that “advertisers know that X now offers
stronger brand safety, performance and analytics capabilities than
ever before, while seeing all-time-high levels of usage.”
Work
US charges Russian state media employees over a social media influence
scheme
[[link removed]}&lead=419599&emailid=59561&nl=daily]
The State Department sanctioned RT and four other state-funded
publishers. It is also offering a $10 million reward for information
regarding to foreign interference over an American election.
Work
Bitcoin ATM scams have cost Americans over $10 million per month this
year
[[link removed]}&lead=419599&emailid=59561&nl=daily]
If you have an older person in your life, it's best to warn them about
potential BTM scams before they get targeted, because recovering the
money they lose from these schemes would most likely be impossible. In
addition, it may be time for all BTM operators, as well as the
supermarkets, convenience stores and other locations where the
machines are installed, to post warnings next to BTMs about these
scams.
Work
Acer expands Swift line with four new AI laptops
[[link removed]}&lead=419599&emailid=59561&nl=daily]
The Swift 14 AI (SF14-51/T) will be available in the US, EMEA and
Australia this September, while the Swift 16 AI comes out during
October unless you’re in Australia, where it comes out Q1 2025. Both
the Swift Go 14 AI and Swift 14 AI (SF14-61/T) will come out in the US
and EMEA during September, but Australian customers must wait for a
bit, as the release date is slated to be during Q4 2024.
Work
Public sector workers need above-inflation pay rises, says TUC chief
[[link removed]}&lead=419599&emailid=59561&nl=daily]
Nowak admitted frustration over the right’s description of unions as
Labour’s paymasters. “What they’re describing is hundreds of
thousands of working people who’ve opted to pay 50p, 75p a week to
support their union to give them a political voice. It’s the
cleanest money in politics.”
Work
Those 'Founder mode' memes keep coming | TechCrunch
[[link removed]}&lead=419599&emailid=59561&nl=daily]
Good news for Microsoft: The U.K.’s antitrust regulator says that
the tech titan’s high-profile acquihire of the team behind AI
startup Inflection doesn’t cause competition concerns, and thus it
won’t…
Work
E-bike maker Cowboy raises a small funding round as it targets
profitability next year | TechCrunch
[[link removed]}&lead=419599&emailid=59561&nl=daily]
“We’ve invested lots of time, efforts and capital into building
that platform that works really well. And now we want to capitalize on
it and essentially build a family of products,” Roose said. “So we
have the Classic, the Cruiser, the Cross. And you will see more bikes
from us in the future.”
Work
Paylocity is acquiring corporate spend startup Airbase for $325M |
TechCrunch
[[link removed]}&lead=419599&emailid=59561&nl=daily]
Want to reach out with a tip? Email me at [email protected] or
send me a message on Signal at 408.204.3036. You can also send a note
to the whole TechCrunch crew at [email protected]. For more secure
communications, click here to contact us, which includes SecureDrop
and links to encrypted messaging apps.
Work
Ryan Breslow's $450M Bolt deal said to involve a restraining order now
| TechCrunch
[[link removed]}&lead=419599&emailid=59561&nl=daily]
Good news for Microsoft: The U.K.’s antitrust regulator says that
the tech titan’s high-profile acquihire of the team behind AI
startup Inflection doesn’t cause competition concerns, and thus it
won’t…
Work
Ilya Sutskever's startup, Safe Superintelligence, raises $1B |
TechCrunch
[[link removed]}&lead=419599&emailid=59561&nl=daily]
The $499 Paper Pro — a new naming convention to indicate it is a
higher-end alternative to the now-$379 reMarkable 2, not a direct
successor — is momentous for its addition of both color and a
“frontlight,” though both features are what you might call muted.
TradeBriefs Publications are read by over 100,000 Industry Executives
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-------------------------
- The top 25 stories curated by editors and fellow readers!
From the Editor's Desk
Charted: Millionaire Growth by Global Region
This graphic illustrates the growth in the number of millionaires per
region from 2016 to 2023, in absolute and percentage terms.
Continued here
[[link removed]}&lead=419599&emailid=59561&nl=daily]
_TradeBriefs: Newsletters for Decision-Makers!_
Work
The UK is building an alarm system for climate tipping points - MIT
Technology Review (No paywall) [[link removed]}&lead=419599&emailid=59561&nl=daily]
The UK’s new moonshot research agency just launched an £81 million
($106 million) program to develop early warning systems to sound the
alarm if Earth gets perilously close to crossing climate tipping
points.
Work
Here are 3 reasons you can't stop comparing yourself financially to
others, says bestselling author
[[link removed]}&lead=419599&emailid=59561&nl=daily]
People can easily fall into "false financial comparisons," a scenario
in which we believe we can afford the same lifestyles people we
perceive as "just like us" have, said author Manisha Thakor in her new
book, "MoneyZen: The Secret to Finding Your 'Enough.'"
Work
Should you include Reits in Your Portfolio? And if so, which ones? -
WSJ (No paywall) [[link removed]}&lead=419599&emailid=59561&nl=daily]
Many investors have real-estate investment trusts in their portfolios
because they provide exposure to the real-estate market without having
to buy property directly. But which of the many types of REITs on the
market have performed best over the long run, and do they provide the
housing-like returns investors seek?
Work
The soccer world's new big spender slashes budget for stars - WSJ (No
paywall) [[link removed]}&lead=419599&emailid=59561&nl=daily]
The Saudi Pro League’s spending on new players fell to just over
$530 million this summer, according to soccer data website
Transfermarkt. The kingdom picked up fewer high-profile stars, adding
Premier League standouts Ivan Toney, João Cancelo and Moussa Diaby.
Work
Companies' AI bets are at astronomical heights. C-suite likes its odds
anyway. - WSJ (No paywall) [[link removed]}&lead=419599&emailid=59561&nl=daily]
Sequoia Capital last September published a report arguing that Nvidia
infrastructure would have to collectively generate $200 billion in
lifetime revenue to justify companies’ spending on those advanced AI
systems over the course of just one year—and the spending wasn’t
anywhere near that mark.
Work
Russia built covert trade channel with India, leaks reveal - FT (No
paywall) [[link removed]}&lead=419599&emailid=59561&nl=daily]
Files outline Moscow's plan to spend rupees from oil sales on
sensitive electronics for war effort
Work
How Machines Learned to Discover Drugs - The New Yorker (No paywall)
[[link removed]}&lead=419599&emailid=59561&nl=daily]
When I first became a doctor, I cared for an older man whom I’ll
call Ted. He was so sick with pneumonia that he was struggling to
breathe. His primary-care physician had prescribed one antibiotic
after another, but his symptoms had only worsened; by the time I saw
him in the hospital, he had a high fever and was coughing up blood.
His lungs seemed to be infected with methicillin-resistant
Staphylococcus aureus (MRSA), a bacterium so hardy that few drugs can
kill it. I placed an oxygen tube in his nostrils, and one of my
colleagues inserted an I.V. into his arm. We decided to give him
vancomycin, a last line of defense against otherwise untreatable
infections.
Work
Moderna's First mRNA Mpox Vaccine Beats Licensed Rival Shots In Early
Testing - Forbes (No paywall) [[link removed]}&lead=419599&emailid=59561&nl=daily]
The first mRNA mpox vaccine to be pitted against licensed vaccines
beat its rivals by easing symptoms and potentially cutting
transmission, according to new research published Tuesday, a coup for
manufacturer Moderna as it strives to prove itself beyond COVID-19
amid efforts to contain an escalating outbreak of mpox in Africa.
Work
The Snoo can't help the people who need it most - STAT (No paywall)
[[link removed]}&lead=419599&emailid=59561&nl=daily]
When you have a baby, sleep becomes the holy grail. You become
convinced that getting your baby to go the hell to sleep depends on
the right swaddles, the right pacifier, the right settings on the
white noise machine, the right order of events. If a routine gets
disrupted or a special object misplaced, you fear that the kid will be
awake for days, and thus, so will you.
Work
What to Do When You Know More Than Your Boss - Harvard Business Review
(No paywall) [[link removed]}&lead=419599&emailid=59561&nl=daily]
There are instances when, as a newer professional, you might have more
experience in certain areas than your manager. This could be a deeper
understanding of the technologies you grew up, some innovations in
your field, or even foundational leadership skills that you’d like
to share. There are ways to communicate your knowledge with your
superiors while maintaining humility and a collaborative mindset. The
key is to be curious and collaborative — asking questions to better
understand their perspectives and framing your insights as resources
that will benefit the team.
Work
Federal Drug Policy on Marijuana May See a Major Shift in December -
Inc.com (No paywall) [[link removed]}&lead=419599&emailid=59561&nl=daily]
A decision on whether to reclassify marijuana as a less dangerous
drug in the U.S. won't come until after the November presidential
election, a timeline that raises the chances it could be a potent
political issue in the closely contested race.
Work
Can we solve quantum theory's biggest problem by redefining reality? -
New Scientist (No paywall) [[link removed]}&lead=419599&emailid=59561&nl=daily]
With its particles in two places at once, quantum theory strains our
common sense notions of how the universe should work. But one group of
physicists says we can get reality back if we just redefine its
foundations
Work
How Often Do Satellites Crash Back to Earth and Are There Dangers in
Their Return? - Discover Magazine (No paywall)
[[link removed]}&lead=419599&emailid=59561&nl=daily]
Satellites have become a vital part of our daily lives, quietly
orbiting Earth to enable technologies from weather forecasting to
global communications. But while these modern marvels work tirelessly
above us, they don’t last forever. Eventually, every satellite
reaches the end of its life — and that often involves a fiery dive
back through Earth’s atmosphere.
Work
Republicans sue Biden again over student debt relief
[[link removed]}&lead=419599&emailid=59561&nl=daily]
A group of Republican-led states are taking legal action against the
federal government in an effort to end plans that would lower or
eliminate debt for millions of student loan borrowers. In a lawsuit
filed on Tuesday by Missouri Attorney General Andrew Bailey and joined
by Georgia, Alabama, Arkansas, Florida, North Dakota and Ohio, the
plaintiffs argue that Biden and Cardona have "unlawfully tried to mass
cancel hundreds of billions of dollars in loans."
Work
How to organize your fridge, with tips from chefs
[[link removed]}&lead=419599&emailid=59561&nl=daily]
Independent journalism is more important than ever. Vox is here to
explain this unprecedented election cycle and help you understand the
larger stakes. We will break down where the candidates stand on major
issues, from economic policy to immigration, foreign policy, criminal
justice, and abortion. We’ll answer your biggest questions, and
we’ll explain what matters — and why. This timely and essential
task, however, is expensive to produce.
Work
Does Text Therapy Really Work?
[[link removed]}&lead=419599&emailid=59561&nl=daily]
More than a decade ago, Thomas Derrick Hull, a clinical psychologist
who researches digital health, had what felt like a wild thought. What
if therapists, who can’t keep up with demand for mental-health care
in the U.S., started texting their patients instead of making them
come into the office?
Work
Solar will get too cheap to connect to the power grid.
[[link removed]}&lead=419599&emailid=59561&nl=daily]
The cost of solar panels is plummeting, and this will flood the power
grid with cheap electricity. But that’s just Act 1. We won’t stop
building solar at the limits of the grid - we’ll build a lot more.
Work
Investor doubts about Wegovy copycats weigh on health startups - FT
(No paywall) [[link removed]}&lead=419599&emailid=59561&nl=daily]
US groups including Hims & Hers and Ro benefiting from shortages of
blockbuster anti-obesity jabs could find revenue streams under threat
Work
Volkswagen is running out of time
[[link removed]}&lead=419599&emailid=59561&nl=daily]
Cavalo also asked Blume to explain why Volkswagen is prioritizing its
up to $5 billion partnership with electric truck startup Rivian over
protecting German jobs. The deal — which provides Rivian with some
sorely-needed cash — is intended to help both companies launch
vehicles with new technology and slash production costs.
Work
An AI startup founded by OpenAI's chief scientist raised $1 billion
[[link removed]}&lead=419599&emailid=59561&nl=daily]
“We’ve identified a new mountain to climb that’s a bit different
from what I was working on previously,” Sutskever said in a
statement shared with Quartz. “We’re not trying to go down the
same path faster. If you do something different, then it becomes
possible for you to do something special.”
Work
Amazon-backed Anthropic rolls out Claude AI for big business
[[link removed]}&lead=419599&emailid=59561&nl=daily]
As startups such as Anthropic and OpenAI gain steam in the generative
AI business, they â alongside tech giants such as Google,
Amazon, Microsoft and Meta â have been part of an AI arms
race to integrate the technology to ensure they don't fall behind in a
market that's predicted to top $1 trillion in revenue within a
decade.
Work
Intel manufacturing business will see 'meaningful' revenue in 2027,
CFO says
[[link removed]}&lead=419599&emailid=59561&nl=daily]
The company is "not likely to see money" until the end of the year
from the U.S. CHIPS Act, Zinsner said. The act is allocating billions
in grants and other incentives to spur chip manufacturing in the
United States.
Work
Humana cutting Medicare Advantage plans that cover 10% of members
[[link removed]}&lead=419599&emailid=59561&nl=daily]
Susan Diamond, Humana’s chief financial officer, detailed the
company’s plans Wednesday at the Wells Fargo Healthcare Conference
after first hinting at them during Humana’s second quarter earnings
call in July.
Work
Black Hole Detectors Fulfill Moore's Law - Scientific American (No
paywall) [[link removed]}&lead=419599&emailid=59561&nl=daily]
In 1965 the engineer and future Intel co-founder Gordon Moore famously
noticed that the number of transistors on microchips has been
exponentially growing for several years, and predicted their
unstoppable increase would thenceforward drive computing. Now known as
“Moore’s law,” this remarkable forecast has largely held ever
since.Given the constant changes and advances in making microchips, a
consistent trend of exponential growth seems nothing short of
miraculous. But in fact, various other realms of technological
innovation now exhibit this trend, too. One that’s most interesting
to us—and, so far, largely overlooked—is the ongoing development
of a technology, called gravitational-wave antennas, which detects
distant black holes.Black holes form when gravity is so strong that no
other force of nature can stop the collapse of matter. They most often
are born from the deaths of massive stars, which have enough matter
and density to trigger the runaway gravitational collapse. And such
stellar-mass (or larger) black holes endure for very long periods of
time—practically forever, in comparison to the lifetime of any star.
Because of this, black holes are fairly ubiquitous in the universe,
with many millions estimated to exist in our galaxy alone.As these
strange objects have extremely strong gravity, they pull in everything
that approaches them, even light—hence the name black hole. While
this makes them uniquely interesting, it also makes them difficult to
observe. Fortunately, we can study them by virtue of their
gravitational waves, ripples propagating out across space that arise
when a black hole accelerates. We can detect these waves on Earth
using sophisticated instruments that discern the perturbations of
space caused by the waves’ passage. These changes are almost
inconceivably minuscule—for instance, the distance between the sun
and Earth (about 150 million kilometers!) changes less than the
thickness of a human hair when a typical cosmic gravitational wave
passes by.The more that a black hole accelerates, the stronger its
emitted gravitational waves will be, and thus the easier we can detect
them here on Earth. It turns out that the best way to accelerate a
black hole is to collide it with another black hole. These collisions
from a cosmic billiard game are currently our key source of
information about black holes.Technology development to detect the
collision of black holes began around the time Moore made his famous
prediction, in the 1960s. It was neither easy nor cheap. While
detectors improved over time, it took over half a century, and over a
billion dollars, to reach the first actual detection, in 2015. Since
then, however, the rapid improvement of detectors has brought new
detections—new discoveries—at an ever-increasing rate, and up to
today about 100 confirmed black hole collisions have been reported.As
Moore used the number of transistors in a microchip to quantify
technological progress, we propose using the rate of detected
collisions to quantify the advance of black hole detectors. Using this
metric, we have studied the results from the most sensitive black hole
detector, called the Laser Interferometer Gravitational-Wave
Observatory (LIGO), and its planned upgrade called Cosmic Explorer,
all to quantify past performance and forecast future improvement. We
measured performance by the actual or expected number of detected
collisions per year of observation, starting in 2000 and extending out
to after 2040.We found that the rate of technological improvement can
be described remarkably well as exponential growth, starting with the
first discovery in 2015 and projecting out some two decades into the
future. The rate of detections has been doubling about every two
years. And, provided Cosmic Explorer or its equivalent is actually
built and operated, that trend will continue for quite some time.
Moore’s law apparently applies to black hole detectors as well.
Work
As stock prices fall, investors prepare for an autumn chill - The
Economist (No paywall) [[link removed]}&lead=419599&emailid=59561&nl=daily]
Investors returning from summer holidays might feel dispirited upon
checking their portfolios. Stocks have had a poor start to September.
America’s benchmark S&P 500 index dropped by 2% on its first day of
trading. European shares followed suit on September 4th; those in
Japan have fallen by even more. It is a striking change from the calm
that had settled over markets before Labor Day. American share prices
ended August less than a hundredth of a percentage point below an
all-time high reached in July, European ones fared similarly and
Japanese stocks were just a few percentage points below their peak.
Adding to the good vibes, rich-world inflation had continued to cool,
setting the scene for the Federal Reserve to begin cutting interest
rates when its policymakers next meet on September 17th and 18th.
Work
Biden Expected to Block U.S. Steel Takeover
[[link removed]}&lead=419599&emailid=59561&nl=daily]
For months, the Committee on Foreign Investment in the United States,
or CFIUS, has been scrutinizing the deal over potential risks. There
has been mounting speculation that the Biden administration could
intervene before the November election.
Work
U.S. Announces Plan to Counter Russian Influence Ahead of 2024
Election
[[link removed]}&lead=419599&emailid=59561&nl=daily]
The State Department has offered a $10 million reward for information
pertaining to foreign interference in an American election. The
department specifically said it was seeking information on a group
known as Russian Angry Hackers Did It, or RaHDit.
Work
Most Americans do not feel rich with a million dollars, survey finds
[[link removed]}&lead=419599&emailid=59561&nl=daily]
With prices for everything from groceries to housing continuing to
rise, Americans continue to feel less well off than they did prior to
the pandemic
Work
U.S. Steel stock sinks on reports that Biden will reject Nippon Steel
takeover
[[link removed]}&lead=419599&emailid=59561&nl=daily]
A spokesperson for Nippon told CNBC that “U.S. Steel and the entire
American steel industry will be on much stronger footing because of
Nippon Steel’s investment in U.S. Steel – an investment that
Nippon Steel is the only willing and able party to do so.”
Work
A home isn't the first thing Americans want when interest rates fall
[[link removed]}&lead=419599&emailid=59561&nl=daily]
But rates would have to drop considerably for potential buyers to
finally bite. Just 2% of homeowners surveyed by Bankrate in June said
they would purchase a home this year at a mortgage rate of 6% or
higher. And nearly half said mortgage rates would need to be below 5%
for them to feel comfortable buying a home this year
Work
Researchers say their new brain chip tech rivals Elon Musk's Neuralink
[[link removed]}&lead=419599&emailid=59561&nl=daily]
“If all goes well, there will be hundreds of people with Neuralinks
within a few years, maybe tens of thousands within 5 years, millions
within 10 years,” Musk wrote on Aug. 21, replying to Neuralink’s
post about its second patient on X.
Work
Lyft is laying off workers and doubling down on e-bikes
[[link removed]}&lead=419599&emailid=59561&nl=daily]
“E-bikes in particular are growing so fast globally. It would be
insane not to take it on ourselves,” Lyft CEO David Risher told
TechCrunch. “So we said, let’s do this ourselves and bring it to
the real standard of excellence that we have for our whole
business.”
Work
The 10 cities with the best commutes in America
[[link removed]}&lead=419599&emailid=59561&nl=daily]
Lyft said that 35% of its riders are commuters and many of them are
worried about the cost of rideshare services. To use the price lock
feature, riders will have to pay Lyft $2.99 a month, on top of the
price of their rides, but then won’t be subject to surge pricing
during their commute.
Work
Only a third of America's millionaires actually feel 'wealthy'
[[link removed]}&lead=419599&emailid=59561&nl=daily]
But savings figures across the board continue to fall short of the
amount Americans actually believe they’ll need to retire
comfortably. That figure, known as the “magic number,” hit $1.46
million this year, according to Northwestern Mutual.
Work
Alert issued over potentially deadly fake bottles of Glen's Vodka
[[link removed]}&lead=419599&emailid=59561&nl=daily]
After the FSS released a warning in Scotland on Tuesday, a
spokesperson for the Loch Lomond Group, which owns Glen’s Vodka,
said: “Our priority is the health and safety of the public which
includes our many thousands of loyal Glen’s customers.
Work
Jim Riswold, Creator of 'Bo Knows' and Air Jordan Ads, Dies at 66
[[link removed]}&lead=419599&emailid=59561&nl=daily]
“Jim had this incredible sense of how you can meld advertising and
culture together and make it truthful and entertaining,” Susan
Hoffman, his longtime colleague at Wieden+Kennedy, the global ad
agency founded in Portland, Ore., said in an interview. “He was
brilliant. You never wanted to tell him that, though.”
Work
Leonard Riggio, 83, Dies; Founded Barnes & Noble and Upended
Publishing
[[link removed]}&lead=419599&emailid=59561&nl=daily]
The company’s strong-arm practices upended the industry. Thousands
of independent bookstores went out of business as Barnes & Noble grew.
And Mr. Riggio — a dapper Brooklyn-raised liberal and art lover
devoted to civil rights and Democratic causes — found himself
roundly vilified as the publishing world’s most heinous bad guy and
as a neighborhood killer and a philistine.
Work
U.S. targets Russia over 2024 election influence operation
[[link removed]}&lead=419599&emailid=59561&nl=daily]
"4. 2016 called and it wants its clichés back," the RT press office
wrote. "5. Three things are certain in life: death, taxes and RT's
interference in the US elections 6. We gotta earn our Kremlin paycheck
somehow 7. Somewhere Secretary Clinton is sad that it's not because of
her."
Work
Venezuelan and Proxy Forces Linked to at Least 6 Protester Deaths,
Rights Group Says
[[link removed]}&lead=419599&emailid=59561&nl=daily]
The report said it also independently verified 11 of the 24 reported
deaths by reviewing photos, videos and death certificates. The
organization also interviewed 20 sources, including family members,
witnesses, journalists and other human rights groups.
Work
U.S. Steel shares plunge on report White House preparing to block
Nippon Steel takeover
[[link removed]}&lead=419599&emailid=59561&nl=daily]
"Simply put, U. S. Steel and the entire American steel industry will
be on much stronger footing because of Nippon Steel's investment in U.
S. Steel - an investment that Nippon Steel is the only willing and
able party to do so," the spokesperson said.
Work
Report: A quarter of X advertisers plan to cut spending next year
[[link removed]}&lead=419599&emailid=59561&nl=daily]
X didn’t immediately respond to a request for comment. The company
told the Financial Times that “advertisers know that X now offers
stronger brand safety, performance and analytics capabilities than
ever before, while seeing all-time-high levels of usage.”
Work
US charges Russian state media employees over a social media influence
scheme
[[link removed]}&lead=419599&emailid=59561&nl=daily]
The State Department sanctioned RT and four other state-funded
publishers. It is also offering a $10 million reward for information
regarding to foreign interference over an American election.
Work
Bitcoin ATM scams have cost Americans over $10 million per month this
year
[[link removed]}&lead=419599&emailid=59561&nl=daily]
If you have an older person in your life, it's best to warn them about
potential BTM scams before they get targeted, because recovering the
money they lose from these schemes would most likely be impossible. In
addition, it may be time for all BTM operators, as well as the
supermarkets, convenience stores and other locations where the
machines are installed, to post warnings next to BTMs about these
scams.
Work
Acer expands Swift line with four new AI laptops
[[link removed]}&lead=419599&emailid=59561&nl=daily]
The Swift 14 AI (SF14-51/T) will be available in the US, EMEA and
Australia this September, while the Swift 16 AI comes out during
October unless you’re in Australia, where it comes out Q1 2025. Both
the Swift Go 14 AI and Swift 14 AI (SF14-61/T) will come out in the US
and EMEA during September, but Australian customers must wait for a
bit, as the release date is slated to be during Q4 2024.
Work
Public sector workers need above-inflation pay rises, says TUC chief
[[link removed]}&lead=419599&emailid=59561&nl=daily]
Nowak admitted frustration over the right’s description of unions as
Labour’s paymasters. “What they’re describing is hundreds of
thousands of working people who’ve opted to pay 50p, 75p a week to
support their union to give them a political voice. It’s the
cleanest money in politics.”
Work
Those 'Founder mode' memes keep coming | TechCrunch
[[link removed]}&lead=419599&emailid=59561&nl=daily]
Good news for Microsoft: The U.K.’s antitrust regulator says that
the tech titan’s high-profile acquihire of the team behind AI
startup Inflection doesn’t cause competition concerns, and thus it
won’t…
Work
E-bike maker Cowboy raises a small funding round as it targets
profitability next year | TechCrunch
[[link removed]}&lead=419599&emailid=59561&nl=daily]
“We’ve invested lots of time, efforts and capital into building
that platform that works really well. And now we want to capitalize on
it and essentially build a family of products,” Roose said. “So we
have the Classic, the Cruiser, the Cross. And you will see more bikes
from us in the future.”
Work
Paylocity is acquiring corporate spend startup Airbase for $325M |
TechCrunch
[[link removed]}&lead=419599&emailid=59561&nl=daily]
Want to reach out with a tip? Email me at [email protected] or
send me a message on Signal at 408.204.3036. You can also send a note
to the whole TechCrunch crew at [email protected]. For more secure
communications, click here to contact us, which includes SecureDrop
and links to encrypted messaging apps.
Work
Ryan Breslow's $450M Bolt deal said to involve a restraining order now
| TechCrunch
[[link removed]}&lead=419599&emailid=59561&nl=daily]
Good news for Microsoft: The U.K.’s antitrust regulator says that
the tech titan’s high-profile acquihire of the team behind AI
startup Inflection doesn’t cause competition concerns, and thus it
won’t…
Work
Ilya Sutskever's startup, Safe Superintelligence, raises $1B |
TechCrunch
[[link removed]}&lead=419599&emailid=59561&nl=daily]
The $499 Paper Pro — a new naming convention to indicate it is a
higher-end alternative to the now-$379 reMarkable 2, not a direct
successor — is momentous for its addition of both color and a
“frontlight,” though both features are what you might call muted.
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