Lifeboat Foundation

Investment in the fast-growing space industry was booming well into the first quarter of 2020 but private capital has largely frozen as the coronavirus pandemic strikes the U.S., leading both civil and military agencies to step up funding for corporate partners.

“We kicked into high gear as soon as it was apparent a lot of companies were not going to be able to conduct business as usual due to distancing requirements,” Mike Read, International Space Station business and economic development manager at NASA’s Johnson Space Center, told CNBC.

U.S. equity investment in space companies totaled $5.4 billion across 36 deals in the first quarter, according to a report Friday by NYC-based firm Space Capital. But the second quarter is likely to just see a fraction of that investment, according to Space Capital managing partner Chad Anderson, as deal flow in the U.S. will follow China’s path. Chinese investment in space was climbing by record amounts until the first quarter, when “activity in China was basically shut off,” Anderson said.

Bitcoin crossed the $8,000 mark for the first time on Wednesday since March ahead of ‘bitcoin halving’ that will take place on May 12. Som…

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Continue reading “Reversing Ageing: New Studies Show it Can be Done” »

As an AI Consultant, I often have to evaluate AI startups to determine if their solutions would make sense for us and if they can become a real business partner over the long term. Our process for evaluating startups is more or less…

During the 1918 flu, San Francisco lifted its lockdown early — and paid a dire price.
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In US news and current events today, the coronavirus pandemic, the COVID-19 outbreak has had people around the world in lockdown. People in the United States and the world at large have had to quarantine and practice social distancing and self-isolation when necessary.

Continue reading “San Francisco Paid the Price for Lifting Spanish Flu Lockdown Early | NowThis” »

The Covid-19 pandemic and the resulting lockdowns are altering how businesses operate. Here is how some leaders of the world’s biggest companies described in recent days the changes they are seeing.

Download the full report here.

In 2017, Bellingcat and Transparency International UK published their joint report, “Offshore in the UK”, describing the phenomenon of Scottish Limited Partnerships (“SLPs”) and their use as a mechanism in global money laundering scandals and a range of illicit activities. Since then, SLPs have continued to be implicated in further scandals, perhaps most notably the Azerbaijani Laundromat, a scheme where $2.9 billion was laundered through UK companies.

In the same year, SLPs became obliged to register their Person of Significant Control at Companies House, and the boom in registrations ended. The government subsequently ran a public consultation into limited partnerships, and published its conclusions in December 2018. Currently, SLP registrations are at their lowest level since 2010. Nevertheless, a lack of regulation allowed thousands of opaquely owned partnerships, typically with no tangible link to the Uk, to flourish over a seven year period. We do not have the details of the business activities of these SLPs, who controlled them, or who their true beneficial owners are.

During World War II, an amazing amount of innovation, including radar, reliable torpedoes, and code-breaking, helped end the war faster. This will be the same with the pandemic. I break the innovation into five categories: treatments, vaccines, testing, contact tracing, and policies for opening up. Without some advances in each of these areas, we cannot return to the business as usual or stop the virus. Below, I go through each area in some detail.

The scientific advances we need to stop COVID-19.

By Bill Gates

A US Senator says that the White House has “got to get it together.”