Oct 18, 2021

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How Financial Services Can Avoid Compliance Issues in the Cloud

By Doug Bonderud
  • As noted by The Financial Brand, many organizations worry about risks associated with data sharing and accidental exposure, while research firm Deloitte highlights C-suite concerns about data security across multiple cloud environments.
  • With compliance regulations continually evolving, Meng notes that financial institutions “need to consider how to deploy data security and data privacy effectively and determine how they’ll exchange encrypted data with external companies in the public cloud environment.”
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Pixel 6 Leak Reveals Its Surprisingly Low Price

By Sam Rutherford
  • The Pixel 6's official announcement is just a day away, but a flurry of new leaks may have just revealed all the details we didn’t know about Google’s upcoming phone—including a surprisingly low starting price.
  • Compared to other flagship phones, the Pixel 6's $599 price tag would put it $200 less than the standard iPhone 13 and even $100 less the iPhone 13 Mini, while still offering what looks to be a much bigger screen and all the typical flagship phone specs like wireless charging, water resistance, and more.
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Canon Sued Over All-in-One Printer That Stops Scanning When It Runs Out of Ink

By Andrew Liszewski
  • Leacraft, who is named as the plaintiff in a class-action complaint against Canon filed in a U.S. federal court in New York last week, found that their Canon Pixma MG6320 all-in-one printer would no longer scan or fax documents when it was out of ink, despite neither of those functions requiring any printing at all.
  • More often than not, these home printers will become completely disabled through software when just a single color cartridge runs low, forcing owners to keep buying replacements, even if they only intend to print black-and-white text.
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Neuron Bursts Can Mimic Famous AI Learning Strategy | Quanta Magazine

By Allison Whitten
  • A new model of learning centers on bursts of neural activity that act as teaching signals — approximating backpropagation, the algorithm behind learning in AI.
  • A team of researchers led by Richard Naud of the University of Ottawa and Blake Richards of McGill University and the Mila AI Institute in Quebec revealed a new model of the brain’s learning algorithm that can mimic the backpropagation process.
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Notable Momentive Global Insider Trades $370K In Company Stock

By Benzinga Insights
  • Dana Evan, Director at Momentive Global (NASDAQ: MNTV ), made a large buy and sell of company shares on October 15, according to a new SEC filing.
  • What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission states that Dana Evan exercised options to purchase 12,722 Momentive Global shares at a price of $4.50 per share for a total of $57,249 on October 15.
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Scientists achieve the coldest temperature ever recorded

By John.Loeffler@futurenet.com (John Loeffler)
  • Absolute zero is the coldest anything can ever get in the universe, and scientists just broke a record by coming within trillionths of a degree of achieving it in a new experiment.
  • It was this limit that scientists at the University of Bremen, Germany, approached when they took a cloud of about 100,000 rubidium atoms trapped in a magnetic field and cooled them to around 2 billionths of a degree Celsius in a vacuum chamber, creating something known as a Bose-Einstein condensate (BEC).
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SVP And Life Sciences Of Phreesia Trades $380K In Company Stock

By Benzinga Insights
  • David Linetsky, SVP And Life Sciences at Phreesia (NYSE: PHR ), made a large buy and sell of company shares on October 15, according to a new SEC filing.
  • What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission states that David Linetsky exercised options to purchase 5,452 Phreesia shares at a price of $4.71 per share for a total of $25,679 on October 15.
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NAHB: Builder Confidence Increased to 80 in October

By Calculated Risk
  • “Although demand and home sales remain strong, builders continue to grapple with ongoing supply chain disruptions and labor shortages that are delaying completion times and putting upward pressure on building material and home prices,” said NAHB Chairman Chuck Fowke.
  • Strong consumer demand helped push builder confidence higher in October despite growing affordability challenges stemming from rising material prices and shortages.
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Ransomware is now a billion-dollar market

  • An analysis of several hundred cryptocurrency wallets used for ransomware -related payments has revealed transactions totaling over a whopping $5 billion.
  • A blockchain analysis by the US Treasury Department's Financial Crimes Enforcement Network (FinCEN) of transactions tied to the 177 convertible virtual currency (CVC) wallets, has identified roughly $5.2 billion in outgoing bitcoin (BTC) transactions potentially tied to ransomware payments.
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Notable Loop Media Insider Trades $3.1M In Company Stock

By Benzinga Insights
  • Bruce Cassidy Sr, Director at Loop Media (OTC: LPTV ), made a large buy and sell of company shares on September 30, according to a new SEC filing.
  • What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission states that Bruce Cassidy Sr purchased 7,004,619 Loop Media shares at prices ranging from ($0.00) to $2.92 per share for a total of $3,148,608 on September 30.
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SaaS’ future will be open-sourced

By Frederic Lardinois
  • But before joining the company, she was also the executive director of the Cloud Foundry Foundation, where she helped shepherd one of the largest and most active enterprise-focused open-source projects through a time of change.
  • The company recently launched new open-source projects like its Kuma control plane (which it then donated to the Cloud Native Computing Foundation ), for example.
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Facebook’s Ad-Tracking Loss Is Startups’ Gain

By Malique Morris
Apple’s clampdown on ad tracking has prompted some small online merchants to cut back their ad spending on social media sites like Facebook, which they see as a less effective outlet than in the past. Among the beneficiaries are e-commerce software firms that specialize in collecting data on how consumers behave on merchants’ websites—and then helping merchants use the data to more effectively market to those shoppers. We decided to take a look at three such firms, Klaviyo, Yotpo and Rokt, each of which reported rapid growth in the past 12 months. That’s thanks to merchants like Vanity Planet, a skin-care seller. Alex Dastmalchi, CEO of […]Read more >Similar articles >
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Astronomers catch a white dwarf turning itself on and off for the first time

By John.Loeffler@futurenet.com (John Loeffler)
  • This kind of shift isn't unusual in other objects like neutron stars, but it is the first time it has been observed in a white dwarf, which makes it especially interesting to astronomers studying the physics of 'accretion'.
  • The researchers, lead by Dr. Simone Scaringi at the Centre for Extragalactic Astronomy, at Durham University, UK, were studying how the white dwarf accreted material – a fancy way of saying gobbling up – from its stellar partner when they observed the brightness of the white dwarf suddenly plummet.
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10% Owner Of Graphite Bio Makes $670K Buy

By Benzinga Insights
  • Srinivas Akkaraju, 10% Owner at Graphite Bio (NASDAQ: GRPH ), made a large insider buy on October 15, according to a new SEC filing.
  • What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Friday showed that Akkaraju purchased 50,800 shares of Graphite Bio at at prices ranging from $12.49 to $13.22.
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Notable Cognition Therapeutics Insider Trades $2.3M In Company Stock

By Benzinga Insights
  • By: Aaron Fletcher, Director at Cognition Therapeutics (NASDAQ: CGTX ), made a large buy and sell of company shares on October 13, according to a new SEC filing.
  • What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission states that By: Aaron Fletcher exercised options to purchase 3,912,932 Cognition Therapeutics shares at prices ranging from ($0.00) to $12.00 per share for a total of $2,281,072 on October 13.
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Humans are crap navigators because the brain is lazy, new research indicates

By John.Loeffler@futurenet.com (John Loeffler)
  • New research from the Massachusetts Institute of Technology (MIT), published this week in the journal Nature Computational Science, looked at how the human brain tries to navigate through city streets and found that rather than look for the shortest possible path – and thus the more efficient one – it instead settles for the "pointiest path" because it was easier.
  • By sacrificing the efficiency of the truly shortest path, our brains can focus their attention on other things, like keeping an eye out for dangers or performing other tasks requiring more active attention.
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State Street Stock To Beat Consensus In Q3?

By Trefis Team, Contributor
  • While the servicing fees and management fees benefited from an increase in Assets under Custody & Administration (AuC/A) and Assets under Management (AuM) respectively, NII was down due to the continued effect of the lower interest rate environment.
  • Further, the bank posted an adjusted net income of $728 million in the quarter – up 10% on a year-on-year basis, primarily due to a decrease in operating expenses as a % of revenues and loan loss reserve release.
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Facebook hits back at claims its AI has minimal success in fighting hate speech

By Aimee Chanthadavong
  • Rosen's post was in response to a Wall Street Journal article that reported, based on leaked internal documents, the social media giant's AI technology created to remove offensive content such as hate speech and violent images has had little success .
  • The report pointed out that a team of Facebook employees in March estimated the AI systems were removing posts that generated 3% to 5% of the views of hate speech on the platform, and 0.6% of all content that violated the company's policies against violence and incitement.
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EVP And Chief Medical Officer Of Intellia Therapeutics Trades $340K In Company Stock

By Benzinga Insights
  • David Lebwohl, EVP And Chief Medical Officer at Intellia Therapeutics (NASDAQ: NTLA ), made a large buy and sell of company shares on October 14, according to a new SEC filing.
  • What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission states that David Lebwohl exercised options to purchase 2,400 Intellia Therapeutics shares at a price of $12.62 per share for a total of $30,288 on October 14.
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Interest rate drumbeat grows louder as BoE governor warns it may ‘have to act’ over inflation

  • During an online panel discussion organised by the Group of Thirty, an independent global body that seeks to deepen understanding of global economic and financial issues, Mr Bailey warned that he and his colleagues on the monetary policy committee (MPC) would "have to act" in response to surging inflation.
  • A number of other central banks around Europe have done so since the pandemic, among them the Czech National Bank, which last month raised its main policy rate from 0.75% to 1.5% in what was its biggest hike in 24 years.
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Disney Stock Slides 3% As Analysts Warn Of Subscriber Slowdown

By Sergei Klebnikov, Forbes Staff
  • Shares of streaming and entertainment giant Walt Disney fell 3% on Monday morning after analysts at Barclays downgraded the stock, warning that the company’s long-term subscriber goals appear overly optimistic.
  • While the streaming giant expects to have around 250 million total subscribers by 2024, Barclays analysts are skeptical, pointing to slowing growth and the fact Disney+ has been producing far less new content than its chief competitor, Netflix.
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How ‘volcanic’ black holes and cosmic bubbles are sculpting intergalactic space

By John.Loeffler@futurenet.com (John Loeffler)
  • In a new study published this week in Nature Astronomy shows for the first time how the evolution of the warm gases produced by active supermassive black holes blow off into intergalactic space like the smoke stacks of an erupting volcano, which in turn shapes the intergalactic medium around the galaxy and influences the evolution of the galaxy itself.
  • "The similarity [between a black hole's jets and volcanoes] is not only by chance but the same physics is involved as in both cases we have bubbles of light gas rising and expanding in a surrounding medium which is more dense at the center and less dense at higher distances," Brienza told TechRadar via email, adding that "the density of our own atmosphere is higher at the Earth's surface than up in the sky, the same as the gas surrounding a galaxy."
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I don’t recognize my own country anymore in Ghana’s new anti-gay bill

By Arthur Musah
  • The bill prescribes up to 10 years for anyone who advocates for LGBTQ+ people, forced medical procedures for intersex children, a requirement for families and teachers to report queer relatives and students or be subject to jail time, and even an extradition clause to allow the bill to nab Ghanaian activists abroad.
  • Queer Ghanaians, our friends, and our families would not be safe.
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Notable Olema Pharmaceuticals Insider Trades $175K In Company Stock

By Benzinga Insights
  • Sean Bohen, President And CEO at Olema Pharmaceuticals (NASDAQ: OLMA ), made a large buy and sell of company shares on October 14, according to a new SEC filing.
  • What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission states that Sean Bohen exercised options to purchase 5,000 Olema Pharmaceuticals shares at a price of $4.82 per share for a total of $24,120 on October 14.
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TripleBlind secures $24M for a new approach to enterprise-level, privacy-preserving data sharing

By Ingrid Lunden
  • In the latest development, a startup called TripleBlind — which has devised a way to encrypt data so that it can be shared without ever being decrypted or even leaving the data owner’s firewall, and keeping the whole process compliant with data protection regulations — is announcing new funding on the heels of strong demand for its technology.
  • At TripleBlind, Das said that he started to think about trying out a new approach to sharing data without compromising data protection or privacy when he was previously working at Alibaba’s Ant. The financial services giant had, in 2017, acquired eye-scanning biometrics startup EyeVerify for $100 million — where Das was the product architect — but the acquisition was not developing as Ant had hoped: it ran into controversy over privacy issues, or what Das described as “data access issues.”
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Housing Stocks Are Worth A Look Despite Mixed Building Data

By Trefis Team, Contributor
  • Our theme of Housing Stocks which includes the stocks of home builders, building products companies, and home improvement players, continues to outperform rising by about 30% year-to-date, well ahead of the S&P 500 which has gained about 19% over the same period.
  • Our theme of Housing Stocks which includes the stocks of home builders, building products companies, and home improvement companies, continues to outperform rising by about 20% year-to-date, well ahead of the S&P 500 which has gained about 16% over the same period.
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Intel CEO Blames Predecessors For Manufacturing Woes

By msmash
When it comes to Intel’s recent manufacturing problems, Intel CEO Pat Gelsinger places the blame squarely on his predecessors — many of whom he notes were not engineers deeply steeped in chip technology, as he is. Axios: Gelsinger has announced a broad plan to reinvigorate Intel by doubling down on manufacturing. However, the strategy depends on the venerable semiconductor giant recovering from recent stumbles. Gelsinger told me that the company had grown so successful that leaders wanted to move the strategy away from what had made Intel a chip juggernaut. Especially lacking, he said was the "maniacal" focus on […]Read more >Similar articles >
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What’s Happening With Axsome Therapeutics Stock?

By Trefis Team, Contributor
  • Last month we discussed that Axsome Therapeutics (NASDAQ: AXSM) stock is likely to continue to see higher levels after it rose 6% in a week following the U.S. FDA’s acceptance of a new drug application for the company’s migraine drug - AXS-07.
  • According to the Trefis Machine Learning Engine, which identifies trends in the company’s stock price using six years of historical data, returns for AXSM stock average around 12.5% in the next one-month (twenty-one trading days) period after experiencing a 6.4% rise over the previous week (five trading days), implying that the stock will likely continue to rise in the near term.
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Council Post: How AI-Powered Call Centers Can Help With Your Digital Transformation Efforts

By Gregg Johnson
  • Though many of their hands were forced in this regard, the flexibility and faster innovation from cloud-based SaaS contact center solutions inevitably presented itself as an opportunity to derive more valuable first-party data from phone calls to provide better buying experiences for customers.
  • What many marketers don’t realize is that phone calls with human representatives have become more important as customers look for assistance in making big-ticket online purchases.
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Practical strategies for navigating growth in a complex world (VB Live)

By VB Staff
  • Employees become more and more detached from the central heart of the company and its leaders, and middle management begins to spend its time focused inwardly, on the minutia of bureaucracy and internal metrics, instead of outwardly, on creating the kinds of products, services, and customer service that drives real growth in a sustainable way.
  • But as a company grows and expands its focus, enlarges its target market, and begins to add new products, complexity begins to build up like a plaque on the company’s arteries.
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MuJoCo — Advanced Physics Simulation

By mujoco.org
  • MuJoCo makes it possible to scale up computationally-intensive techniques such optimal control, physically-consistent state estimation, system identification and automated mechanism design, and apply them to complex dynamical systems in contact-rich behaviors.
  • The DeepMind Robotics Simulation team is working hard to prepare the codebase for full open sourcing in 2022, and we look forward to developing it further together with the community.
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Inside Expensify’s IPO filing

By Alex Wilhelm
  • Expensify filed to go public late last Friday, adding its name to the growing roster of technology companies looking to list during this period of hot valuations and strong recent debuts.
  • This morning, let’s get into the guts of this profitable, growing technology company that hasn’t raised material primary capital since its 2015-era Series C .
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Amazon Misled Congress, U.S. Lawmakers Say While Teasing Potential Criminal Probe

By Whitney Kimball
  • On Monday, five House Judiciary Committee members published a letter accusing executives, including Amazon founder and Chairman Jeff Bezos, of possibly lying to Congress during an antitrust investigation, adding that they’re considering referring this to the Department of Justice for a criminal investigation.
  • They added that Amazon’s internal policy “prohibits the use of individual seller data to develop Amazon private label products” and that Amazon investigates potential violations.
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‘Elden Ring’ is delayed by five weeks

By Kris Holt
  • FromSoftware has postponed the release of its massively anticipated action RPG by five weeks, from January 22nd to February 25th, saying in a tweet that "the depth and strategic freedom of the game exceeded initial expectations." The studio apologized for the delay and added that "your patience and understanding mean a great deal to us.”
  • ELDEN RING will release on Feb 25, 2022, as the depth & strategic freedom of the game exceeded initial expectations.
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The world’s first AI powered, Pay-as-You-Need and Peer-to-Peer life insurance model has launched!

By Brandstories
  • That’s why our world-first Pay-As-You-Need life insurance model uses powerful AI to automatically adjust your cover every year in line with your changing needs, so you’re no longer locked into a 50-year contract,” says Greg Smith, co-founder and Joint CEO of OneSpark.
  • Regardless of the fact that your needs change every year, with traditional life insurance you’re locked into a static policy that remains level in real terms.
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Toyota has gone from lobbying against EVs to spending billions on battery development

By Andrew J. Hawkins
  • As part of the deal, Toyota will build a new $1.29 billion factory in the US to make batteries for electric and hybrid vehicles, which the company says will generate 1,750 new jobs.
  • Toyota, the largest automaker in the world, announced that it will spend $3.4 billion on “automative batteries” in the US through 2030 — a little more than two months after it was revealed that the company was quietly lobbying elected officials in Washington, DC to slow the transition to electric vehicles.
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Dance Church raises $4.7M to get your bootie back on the (virtual) dance floor

By Haje Jan Kamps
  • “Dance Church offers joyful and inclusive movement classes that are one part performance, one part fitness and one part dance party,” explains long-time Dance Church community member Clara Siegel, who joined the company as its CEO at the start of the year.
  • The company started with four to five people gathering in a dance studio in Seattle, but rapidly grew in popularity and impact, to the point where Dance Church’s founder, Kate Wallich, decided it was time to shift gears, turning the passion project into a full-fledged tech endeavor.
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Apple’s ‘Unleashed’ Fall 2021 Mac Event: rumors, news, and announcements

By Chaim Gartenberg
Image: Apple The event kicks off at 1PM ET / 10AM PT today Ever since the MacBook Pro line made significant departures from its winning formula with the introduction of the Touch Bar and the removal of MagSafe charging, people have been clamoring for a return to form. Last year’s M1-powered MacBook Air and 13-inch MacBook Pro were a step in the right direction — as was the revised M1 Mac Mini — but there’s still room to revitalize the “Pro” in MacBook Pro. That is a big part of what’s expected at Apple’s next event, dubbed “Unleashed,” which is scheduled for Monday, October 18th, at 1PM ET / 10AM PT. The rumors have been widespread that […]Read more >Similar articles >
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More US water treatment plants have been hit by ransomware

  • Details about the series of attacks on the water and wastewater systems (WWS) sector facilities in the US comes via a joint security advisory published by the Federal Bureau of Investigation (FBI), the Cybersecurity and Infrastructure Agency (CISA), the Environmental Protection Agency (EPA), and the National Security Agency (NSA).
  • “Although cyber threats across critical infrastructure sectors are increasing, this advisory does not intend to indicate greater targeting of the WWS Sector versus others,” clarify the agencies as it uses these incidents to share detailed mitigations to help businesses prevent, detect, and respond to such cyber incidents.
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Acer confirms new attack on servers

  • Acer has confirmed that its servers in Taiwan have also been breached, after hackers themselves shared details about the incident with privacy watchdogs, PrivacyAffairs .
  • “We have recently detected an isolated attack on our local after-sales service system in India and a further attack in Taiwan,” confirmed Acer spokesperson Steven Chung in a statement.
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Amazon accused of lying about its business practices to Congress

By Kris Holt
  • Members of Congress have accused Amazon executives of misleading or lying to an antitrust committee about its business practices, following recent reports that the company uses third-party seller data to copy products and promotes those versions in search results.
  • “We strongly encourage you to make use of this opportunity to correct the record and provide the Committee with sworn, truthful, and accurate responses to this request as we consider whether a referral of this matter to the Department of Justice for criminal investigation is appropriate,” the lawmakers wrote in the letter.
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Does the SEC’s green light for a bitcoin ETF mark the peak?

By John Detrixhe
  • The launch comes after SEC chairman Gary Gensler signaled during the summer that the agency was open to an ETF tied to CME Group’s bitcoin futures, which allow traders to hedge or bet on bitcoin prices at some later date.
  • Gensler may be open to an ETF that buys crypto futures, rather than actual bitcoin, because those derivatives are available on an exchange whose roots go back to the 19th century and is regulated by the Commodity Futures Trading Commission.
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NEXT: Squirrels & Drones | Columbus Underground

By www.columbusunderground.com
  • I am reminded of the squirrels on the Oval as I have observed all this semester the steady movements—one cannot describe it as scampering—of a fleet of Grubhub robots, delivering food across campus.
  • Anyone who has spent time wandering Ohio State’s Oval cannot help but to encounter a squirrel scampering around, going about their business, usually avoiding people.
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Stellantis will open a 40 GWh/year battery plant in the US in 2024

By Jonathan M. Gitlin
  • On Monday morning, the car conglomerate Stellantis and LG Energy Solution announced a new joint venture that will produce lithium ion battery cells destined for electric vehicles in North America.
  • Stellantis will require plenty of lithium ion cells to make that happen, with pack capacities ranging from 37 kWh for the smallest vehicles to monster-sized 200 kWh packs for the longest-range body-on-frame BEVs. That will necessitate several massive battery plants, of which this North American joint venture will be but one.
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It’s ridiculously hard to find EV chargers — hopefully this hackathon will fix it

By Cate Lawrence
  • The city of Leeds was tested during the hackathon, with the app revealing 144 of the best potential charge point sites found on city council land, and a further 650 possible locations.
  • Hackathon participants had access to OS data and APIs, UK-wide datasets from EV routing planning and charger app WattsUp, and OS’s team of Geographic Information System (GIS) specialists to help with the challenge.
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How IoT and AI are helping keep truck drivers safe

By Mary Shacklett
  • "All of these were manual approaches, like one-on-one coaching that didn't scale and were completely hit-or-miss when it came to identifying risky drivers and risky driving behaviors," Banin said.
  • AI, and also more big data technology like computer vision, gave fleet managers the more complete and comprehensive picture of driver safety and road conditions that they had been looking for.
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After Dune, You’ll Never Think About Water the Same Way Again

By George Dvorsky
  • As Liet Kynes, the fictional ecologist of Arrakis, said: “With a Fremen suit in good working order you won’t lose more than a thimbleful of moisture a day.”
  • Celina Osuna, assistant director at the Desert Humanities Initiative, said there are lessons to be learned from the Fremen approach, such as viewing water and not the spice melange—the enabler of faster-than-light travel in Dune —as the most valuable resource on Arrakis.
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Bitcoin Comes To the Big Board

By msmash
Bitcoin has been on a tear in recent weeks, approaching record high prices above $60,000, as crypto enthusiasts anticipate history in the making. Tomorrow morning, ProShares will launch a long-awaiting exchange-traded fund on the New York Stock Exchange linked to Bitcoin futures, the firm and the exchange told DealBook. From a report: The E.T.F. will give investors exposure to Bitcoin without having to hold the cryptocurrency directly, via any ordinary brokerage account. "2021 will be remembered for this milestone," said Michael Sapir, the C.E.O. of ProShares. Investors who are curious about crypto but hesitant to engage with […]Read more >Similar articles >
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Notable Charles Schwab Insider Trades $4.0M In Company Stock

By Benzinga Insights
  • Joseph Martinetto, Senior EVP And COO at Charles Schwab (NYSE: SCHW ), made a large buy and sell of company shares on October 15, according to a new SEC filing.
  • What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission states that Joseph Martinetto exercised options to purchase 25,484 Charles Schwab shares at a price of $42.99 per share for a total of $1,095,557 on October 15.
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Lucy’s solar panel hasn’t latched—a problem for a mission powered by the Sun

By Eric Berger
Enlarge / One of the Lucy spacecraft’s solar arrays, with a human for scale. (credit: NASA) NASA’s Lucy spacecraft launched safely into space early on Saturday morning from Florida, but after the deployment of its two large solar arrays, one of them failed to latch properly. Combined, the two solar arrays have a collecting area of 51 square meters. Such large arrays are necessary because the spacecraft will spend much of its 12-year journey about five times the distance from the Sun as the Earth is located. Lucy’s solar panels can only generate about 3 percent of the energy at a Jovian distance than they can at […]Read more >Similar articles >
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Call analytics provider CallMiner acquires screen capture platform OrecX

By Kyle Wiggers
  • OrecX’s expertise in flexible, efficient audio capture is a true value-add within our strategy of expanding our market-leading conversation analytics platform, and delivering the insights that drive real business improvement for our customers,” CallMiner CEO and president Paul Bernard said in a press release.
  • The company is the lead developer of Oreka GPL, an open source project that enables contact centers, enterprises, and services providers to leverage third-party speech analytics solutions from Avaya, Cisco, and others for compliance and risk management.
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Is Bed Bath & Beyond Stock A Buy?

By Trefis Team, Contributor
  • Bed Bath & Beyond (NASDAQ: BBBY) released its Q2 report, wherein revenues came in 4% below our estimates, and earnings per share came in negative as compared to our expectations of 52 cents.
  • For the third quarter, Bed Bath & Beyond expects flat comparable sales, net sales between $1.96 billion to $2 billion, and adjusted EPS to range between even ($0.00) and $0.05.
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Facebook AI moderator confused videos of mass shootings and car washes

By Tim De Chant
  • But as recently as March, internal Facebook documents reveal the company found its automated moderation tools were falling far short, removing posts that were responsible for only a small fraction of views of hate speech and violence and incitement on the platform.
  • Company spokesperson Andy Stone told WSJ that figures about posts removed do not include other actions the platform takes, such as decreasing the reach of suspect content.
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Halloween Kills’ box office success shows that day-one streaming isn’t always a bad thing

By henry.stleger@futurenet.com (Henry St Leger)
  • But Halloween Kills' success show that the picture is more complicated than merely theaters vs streaming, and that it doesn't necessarily mean a box office flop if people have the option of watching a film in their homes.
  • That figure is comfortably on a par with the opening weekend of the latest James Bond movie, No Time To Die, despite the latter currently only playing in theaters – suggesting the usual criticism of day-one streaming eating into ticket sales might no hold water in today's market.
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Seti: why extraterrestrial intelligence is more likely to be artificial than biological

By Martin Rees
  • But it is only recently that we’ve had an actual chance of finding out, with initiatives such as Seti (Search for Extraterrestrial Intelligence) using radio telescopes to actively listen for radio messages from alien civilisations.
  • The equation includes various assumptions, such as how many planets there are, but also how long a civilisation is able to release signals into space, estimated to be between 1,000 and 100 million years.
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Chief Financial Officer Of Cryoport Trades $3.8M In Company Stock

By Benzinga Insights
  • Robert Stefanovich, Chief Financial Officer at Cryoport (NASDAQ: CYRX ), made a large buy and sell of company shares on October 14, according to a new SEC filing.
  • What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission states that Robert Stefanovich exercised options to purchase 49,918 Cryoport shares at a price of $7.80 per share for a total of $389,360 on October 14.
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Artificial Intelligence (AI) Newsletter by Towards AI #15

By Towards AI Team
  • Awesome MLOps : Larysa Visengeriyeva has compiled an exciting and curated list for MLOps. It contains free talks, papers, books, communities, articles, and more for machine learning operations.
  • Matt Turck compiled this exciting “ AI landscape ” showcasing where we are in 2021 in terms of projects and products (many of them unicorns) that are dominating the AI market.
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Facebook to create 10,000 jobs in EU to help build ‘metaverse’

By Dan Milmo Global technology editor
  • Facebook and other tech firms envision the metaverse as a world where people lead their social and professional lives virtually, via virtual reality headsets such as Facebook’s Oculus Rift, and through augmented reality where a digital layer is placed on top of real life, such as the popular Pokémon Go game.
  • The company envisages an interconnected web of metaverses, as users step from Facebook’s realm seamlessly into an adjoining world created by other tech firms such as Google, Apple or a big video games publisher.
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2 Innovative Growth Stocks That Could Turn $200,000 Into $1 Million

By Trevor Jennewine
  • Here's the bottom line: Given Docebo's sizable opportunity and strong financial performance, I think this growth stock -- which currently has a market cap of $2.5 billion -- could surge fivefold in the next decade.
  • In general, employees with access to ongoing learning opportunities tend to be more productive and more satisfied, which translates into better retention rates and (potentially) higher revenue for their employers.
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6 things we want to see from the Apple AirPods 3

By olivia.tambini@futurenet.com (Olivia Tambini)
  • While this design has served Apple well – after all, the AirPods are probably the most easily-recognizable true wireless earbuds on the market – we think it’s time for a change.
  • Apple has proven that its true wireless earbuds can sound very good indeed - the AirPods Pro are far more sonically impressive than their predecessors.
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Toyota sets aside $3.4 billion for American electric vehicle batteries

By Jonathan M. Gitlin
Enlarge / Toyota’s current lineup of electrified vehicles will be joined by a battery electric crossover in 2022. (credit: Toyota) In 2025, Toyota will open a new North American battery manufacturing plant as part of the automaker’s electrification strategy. The company made the announcement on Monday morning, stating that it will spend $3.4 billion (¥ 380 billion) on high-voltage batteries for electric vehicles in the US between now and 2030. "This investment will help usher in more affordable electrified vehicles for US consumers, significantly reduce carbon emissions, and importantly, create even more American jobs tied […]Read more >Similar articles >
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Will the remastered Grand Theft Autos’ American satire hold up?

By Simon Parkin
  • Now, with the announcement of so-called remasters of the three formative 3D games in the series – 2001’s Grand Theft Auto III, 2002’s Vice City and 2004’s San Andreas, set respectively in modified versions of New York, Miami and Los Angeles – another dimension has been added to the would-be critic’s already impossible mission: how to consider each game’s much-vaunted satire from a contemporary perspective.
  • Still, this has never stopped critics from attempting to review the Grand Theft Auto video games holistically, despite the fact each one contains similar multitudes to the American metropolises from which they borrow their settings.
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More African startups get into Techstars Toronto

By Tage Kene-Okafor
  • In March, two Nigerian startups, Treepz ( formerly Plentywaka ) and TalentQL got into the Techstars Toronto accelerator program alongside eight other companies.
  • In 2019, Techstars began making inroads into Africa after backing payments infrastructure company Korapay and cryptocurrency exchange platform Quidax the following year.
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EVP And Scientific Strategy Cso Of Exelixis Trades $1.3M In Company Stock

By Benzinga Insights
  • Peter Lamb, EVP And Scientific Strategy Cso at Exelixis (NASDAQ: EXEL ), made a large buy and sell of company shares on October 15, according to a new SEC filing.
  • What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission states that Peter Lamb exercised options to purchase 47,500 Exelixis shares at a price of $6.21 per share for a total of $294,975 on October 15.
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CFO And COO Of Morphic Holding Trades $2.2M In Company Stock

By Benzinga Insights
  • Marc Schegerin, CFO And COO at Morphic Holding (NASDAQ: MORF ), made a large buy and sell of company shares on October 15, according to a new SEC filing.
  • What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission states that Marc Schegerin exercised options to purchase 29,486 Morphic Holding shares at a price of $15.00 per share for a total of $442,290 on October 15.
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Toyota earmarks $3.4 billion to boost EV battery production in the U.S. through 2030

By Aria Alamalhodaei
  • The investment, which comes through the Japanese automaker’s North American arm, includes plans for a new $1.3 billion electric vehicle battery plant under a new company and with its metals unit Toyota Tsusho.
  • The new plans are part of Toyota’s larger aim to invest $13.5 billion globally to keep up with other automakers who have already pledged to earmark massive sums to boost battery development and electrify their respective portfolios.
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S&P 500 Is Reporting Third Highest Net Profit Margin Since 2008 for Q3

By media_request@factset.com (John Butters)
  • At the sector level, eight sectors are reporting (or are expected to report) a year-over-year increase in their net profit margins in Q3 2021 compared to Q3 2020, led by the Energy (8.7% vs.
  • However, only two sectors are expected to report a quarter-over-quarter increase in their net profit margins for Q3 2021 compared to Q2 2021: Energy (8.7% vs.
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Wireless electric vehicle charging explained

  • Vehicle manufacturers like BMW have already experimented with the technology, and today there are trials already in operation where specially-equipped cars can be charged wirelessly in public parking spaces.
  • These are designed to work with a US domestic 240V output, fit to existing cars, and the company claims power can be delivered through an air gap of up to 12 inches, meaning wireless charging of taller vehicles like SUVs and trucks could be possible.
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The challenges of hybrid cloud adoption find answers in HCI

By Christine McMonigal
  • Microsoft and Intel are working together to take the best of software and combine it with the best of hardware technologies to provide organizations with a flexible infrastructure that can handle today’s demands with agility and set the pace for digital transformation.
  • The on-premises side of hybrid cloud is best deployed via hyperconverged infrastructure, or HCI, which enables modernization that eases the transition by blending old and new.
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#AppleToo activist says Apple fired her for deleting apps from her devices

By Anna Kramer
  • Unlike most other companies, Apple asks that its employees use their work phones like personal ones — and for five years, Apple program manager Janneke Parrish did as she was told.
  • "They didn't find anything, because I didn't do anything." She handed over her devices after deleting some apps — which she said held personal information and information about political campaigns she's involved in — and then Apple told her they were firing her for doing so.
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Learn the fundamentals of AI and machine learning with our free online course – Raspberry Pi

By Michael Conterio
  • By the end of this free online course, you will have an appreciation for what goes into machine learning and artificial intelligence systems — and why you should think carefully about what comes out.
  • Although artificial intelligence (AI) was once the province of science fiction, these days you’re very likely to hear the term in relation to new technologies, whether that’s facial recognition, medical diagnostic tools, or self-driving cars, which use AI systems to make decisions or predictions.
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Canon Sued For $5 Million For Disabling Scanner When Printer Runs Out of Ink

By msmash
couchslug writes: Canon, best nown for manufacturing camera equipment and printers for business and home users, is being sued for not allowing customers to use the scan or fax functions in multi-function devices if the ink runs out on numerous printer models. David Leacraft filed a class action lawsuit against Canon USA, alleging the company engaged in deceptive marketing and unjust enrichment practices. Read more of this story at Slashdot. […]Read more >Similar articles >
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Automating Data Analysis Is a Must for Midsize Businesses

By Robert Sher
  • To deal with both the external (California’s improvements) and internal (HdL’s overloaded IT department and laborious manual analysis) stressors, HdL — a midsize company with a midsize budget — hired a talented intern who was earning her master’s degree in data analytics full-time.
  • And even if a company is currently deriving value from its data, the people doing the work might move on, leaving the business tasked with having to find, attract, and hire expensive data analysts in a hurry.
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Live from Apple’s ‘Unleashed’ event

By Brian Heater
  • It was just over a month ago that the company unveiled a whole bunch of new devices, including iPhones, iPads and the latest Apple Watch.
  • As Apple makes a line-wide transition to first-party silicon, we expect a number of new products, including (potentially) a new MacBook, Mac Mini and a larger iMac, all powered by the latest M1X chip.
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Updates From Aquaman 2, Indiana Jones 5, and More

By James Whitbrook and Gordon Jackson
  • THREE EPISODES LEFT UNTIL THE SERIES FINALE - Supergirl (Melissa Benoist) is determined to keep everyone safe from Lex (guest star Jon Cryer) and Nyxly (Peta Sergeant) so she doubles down on patrol, especially as Alex (Chyler Leigh) and Kelly’s (Azie Tesfai) bachelorette party is coming up.
  • Plus, what’s next for Legends of Tomorrow and 4400, and what if you watched the new The Batman trailer, but shorter?
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What Would Religious Leaders Do if Aliens Showed Up?

By Josh Wilbur
  • Imam Asad Zaman, the executive director of the Muslim American Society of Minnesota, was less tentative on the question of unidentified flying objects: “I think people equating UFOs with extraterrestrial life is definitely a stretch.”
  • Jimmy Akin, an expert on Catholic theology and the host of Jimmy Akin’s Mysterious World, a podcast that examines “fascinating phenomena in the physical world” from a Catholic perspective, said that “if there are intelligent aliens, they are simply other creatures of God. We should learn about them and their place in God’s plan.”
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Want to know what a just transition to a green economy looks like? Ask the workers | Anna Markova

By Anna Markova
  • To give the at-risk jobs of today a future, governments must invest to build the pioneering zero-carbon steel plants, the fabrication yards and ports, and the domestic supply chains that the industries of tomorrow need.
  • If you really want to know what a just transition looks like, don’t start with the official speeches of Cop26 .
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Windows 11 is hit by another serious slowdown bug – but a fix is in the works

  • What’s happening, as Microsoft explains in the blog post for preview build 22478 of Windows 11 – which contains the cure for the issue – is that the command bar is being forced to do unnecessary extra calculations when the user switches between different folders, causing what the software giant describes as “an unexpected decrease in performance”.
  • Windows 11 has another bug which slows down performance on the desktop, with this latest glitch wrapped up in the changes made to File Explorer – but the good news is that a fix has been deployed, albeit only in preview (testing) at the moment.
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Equity Monday: Welcome to bigtech hardware week

By Alex Wilhelm
  • This is Equity Monday, our weekly kickoff that tracks the latest private market news, talks about the coming week, digs into some recent funding rounds and mulls over a larger theme or narrative from the private markets.
  • Equity drops every Monday at 7:00 a.m. PST, Wednesday, and Friday at 6:00 a.m. PST, so subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts!
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Here are some smart financial moves for new parents

  • One important consideration: Families may wish to get additional insurance on a stay-at-home parent who doesn't earn an income, since the surviving spouse would likely incur higher costs via child care, for example, Francis said.
  • Expecting parents should also cut back on unnecessary expenses, and save or pay down debt (like credit cards, car loans and student loans) aggressively before the baby arrives to free up wiggle room in their budget, according to Sophia Bera, CFP, founder of Gen Y Planning in Austin, Texas.
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Lawmakers say Bezos and others at Amazon may have lied to Congress

By Ben Brody


Top Amazon officials, including former CEO Jeff Bezos, appear to have misled Congress regarding the company's treatment of third-party sellers, according to a bipartisan group of lawmakers.


The leaders of the House Judiciary Committee's antitrust probe into Big Tech said in a Monday letter to Andy Jassy, that recent reports contradict company officials' claims that Amazon doesn't preference its own offerings above those of third-party sellers on the site and doesn't use the private data of individual sellers to compete against them.

The letter comes after a Reuters report found last week that Amazon engaged in "a formal, clandestine strategy" in India of copying other sellers' goods with its own brands and then ensured its offerings appeared near the top of searches. An investigation in The Markup found similar behavior in the U.S.

"At best, this reporting confirms that Amazon's representatives misled the Committee," the five lawmakers wrote. "At worst, it demonstrates that they may have lied to Congress in possible violation of federal criminal law."

The members of Congress urged Amazon to send "truthful" responses "as we consider whether a referral of this matter to the Department of Justice for criminal investigation is appropriate."

The letter cited several instances of testimony from Amazon lawyers and officials that the lawmakers said "directly contradicts" the recent reports, including the appearance last year from Bezos, who was then CEO.

Committee leaders had previously expressed worries about the truthfulness of Amazon's answer on the topic, suggesting ahead of securing Bezos' testimony that he needed to appear to put the matter to rest.

[…]Read more >Similar articles >
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Baidu Shares Pop On China’s Next Antitrust Move To Rein Alibaba, Tencent

By Anusuya Lahiri
  • China's Ministry of Industry and Information Technology is debating rules to make articles onTencent Holdings Ltd's(OTC: TCEHY) WeChat messaging app available via search engines likeBaidu Inc's(NASDAQ: BIDU),Bloomberg reports.
  • It could divert advertising revenue away from services like WeChat or Douyin toward search engines like

Full story available on Benzinga.com

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Barclays Considers Disney Fair Priced, Downgrades To Equal Weight

By Anusuya Lahiri
  • BarclaysanalystKannan VenkateshwardowngradedThe Walt Disney Co(NYSE: DIS)to Equal Weight fromOverweight with a price target of $175, down from $210, implying priced at the current level.
  • The growth of Disney+ has slowed significantly despite the launch of new franchise titles and Star+, Venkateshwar notes.
  • As such, the analyst believes Disney

Full story available on Benzinga.com

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Here’s why you can’t buy an iPhone or iPad from Apple right now

By tom.bedford@futurenet.com (Tom Bedford)
  • Apple sells iPhones, iPads, Macs, Apple Watches, TV hardware and AirPods on its website, and while you can still find the listings for them live, clicking any of the 'buy' links takes you to a page saying "be right back".
  • That's right - Apple's online store is currently down, meaning you can't buy a new iPhone, iPad, Apple Watch or other such gadget there.
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Colin Powell Dies of Complications From Covid-19

By Tom McKay
  • Powell was both the youngest and first Black chairman of the Joint Chiefs of Staff under President George H.W. Bush from 1989 to 1993, and at the time of his appointment as secretary of state under President George W.
  • Colin Powell, the former chairman of the Joint Chiefs of Staff, a key figure in multiple Republican administrations, and the first Black person to serve as secretary of state, has died of complications from covid-19 at the age of 84.
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Immerse says VR training could help deal with the ‘great resignation’

By Dean Takahashi
  • “We work with large blue-chip organizations, helping them transform the way that they deliver training and assessment into their companies,” Symonds said.
  • These points and more suggest that switching to VR training, which can be more engaging and less expensive than other types of training, could help alleviate this newfound mobility brought about by the pandemic, said Tom Symonds, CEO of Immerse.
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In defense of the sensible embargo: How tech startups can do PR right

By Ayelet Noff
  • Top-tier publications naturally want to publish first, but embargos make sure nothing is announced before it’s ready and that all journalists pitched have the same amount of time (and breathing room) to cover, no matter where they work.
  • Embargoes allow every journalist you pitch an opportunity to cover your news at the same time, meaning no publication feels like they’re starting in second place.
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Twitch downplays recent high-profile breach

  • In its latest update on the confirmed breach of its servers, popular video game live streaming service Twitch has shared that the attackers didn’t get their hands on the login credentials of users.
  • From its very first update confirming the breach, Twitch has maintained that the incident wouldn’t have exposed login credentials, even though it did acknowledge that “some data was exposed to the internet.”
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One of the most vital tools in Windows 11 is getting a serious upgrade

  • When clicking on Microsoft Edge in Task Manager, users will now see a list of processes under the browser, including specific tabs, extensions and subframes - and will now be able to select any of these to close individually.
  • Microsoft has revealed Task Manager in Windows 11 will be getting two major updates as it looks to offer users more customization and efficiency options when using Windows 11.
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Getting To Net-Zero

By Jennifer L. Schenker
  • Decarbonization technologies being developed by startups such as carbon-capture storage solutions and green fuels are needed to hit the global goal of net-zero emissions by 2050.
  • To scale these green technologies and take them to market, at least a tenfold increase in investment is needed, according to How to Finance Industry Net-Zero, a World Economic Forum report released on Oct. 14.
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Fortnite may be a great video game but it would make a pointless movie

By Ben Child
  • It is a behemoth that constantly reinvents itself in ways that encourage players to keep spending money, and has become so confident in its own financial weight that its creator, Epic Games, is currently going mano a mano with Apple over fees the latter charges for enrolment in its App Store.
  • Fortnite players, even if Epic could not coax them into the cinemas, could be lured into virtual multiplexes within the game itself, a trick the company has already begun pulling off with DJ appearances and live concerts.
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The 1% Show: Life, Investing & Kindness

By Barry Ritholtz
I spend some quality time on the other side of the Mic in this one: If you are unfamiliar with the works of Vishal Khandelwal, you should get up to speed. I especially like his book “The Sketchbook of Wisdom” whio9ch goes far beyond investing to discuss what really matters. When he invited me onto to his new podcast, The One Percent Show to discuss thinking independently in a noisy world and creating meaning in life — my favorite topics in philosophy and investing — I was thrilled to say yes. As soon as you have a few hours to kill, tee this one up — we go pretty deep. Vishal Khandelwal sums up the philosophy of the 1% […]Read more >Similar articles >
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Google Cloud Next: Meeting the enterprise where it lives

By Tony Baer (dbInsight)
  • As we've noted in the past, we're hoping that Google Cloud also starts extending native integrations to Cloud Dataflow, BigQuery, and Vertex AI services that could extend these database services to end-to-end solutions akin to, for example, Azure Synapse Analytics .
  • We let out a hint earlier about extending the reach of the open source database partners to its various data, analytics, and AI services.
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‘The pandemic has made Irish enterprises change how they do business’

By by Blathnaid O’Dea
  • CSO figures from 2021 reveal Irish businesses stepped up to the online retail challenge, with many using cloud computing, AI and IoT tech.
  • The most common facility provided by a business on their website or homepage were links to references to their social media profiles (43pc) followed by a facility to access online ordering or reservations (27pc).
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Does GM’s Stock Have An Upside At $58?

By Trefis Team, Contributor
  • This will increase the EPS figure to $5.99, which coupled with the P/E multiple of 11.7x will lead to GM’s valuation around $70, which is 20% above the current market price.
  • Further, its net income is likely to rise to $7.8 billion, increasing its EPS figure to $5.45, which coupled with the P/E multiple of 12.4x will lead to GM’s valuation around $68 per share, up by 13% from the current market price.
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Which Stocks Might Generate Higher Return Than Restaurant Brands?

By Trefis Team, Contributor
  • QSR’s current price-to-operating income ratio (P/EBIT) of 11.9x is higher than levels of 10.8x for Conagra Brands (NYSE: CAG), 7.7x for B&G Foods (NYSE: BGS), 6.7x for Coca-Cola Consolidated (NASDAQ: COKE) and 6.3x for Berry Plastics Group (NYSE: BERY).
  • The three-year average operating income growth for Restaurant Brands’ stands at -3.5%, lower than 15.2% for Conagra Brands, 7.8% for B&G Foods, 46.5% for Coca-Cola Consolidated, and 19.7% for Berry Plastics Group.
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UBS Turns Bearish On This Aerospace Company – Read Why

By Akanksha
  • UBSanalyst Myles Walton downgradedVirgin Galactic Holdings Inc(NYSE: SPCE) toSell from Neutral and slashed the price target to $15(implying a downside of 25%), from $26.
  • Walton cites yet another delay for the company's next powered flights, which had already been delayed from late September to late October following a supplier part issue, stating that the next launch has now been pushed back to Q3 of next year

Full story available on Benzinga.com

[…]Read more >Similar articles >
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No Innovation With Affirm Holdings, Just Overvaluation

By David Trainer, Contributor
  • doing the math: the stock price implies Affirm will be the largest BNPL firm in the world, as measured by gross merchandise volume (GMV)
  • As Affirm’s share of the U.S. market fades, its gross merchandise volume (GMV), a measure of total sales facilitated by Affirm’s BNPL service, of $8 billion remains well below Klarna, at $70 billion, and Afterpay (recently acquired by Square [SQ]), at $21 billion.
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