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Archive for the ‘business’ category: Page 228

Jul 2, 2018

The Biggest Digital Heist in History Isn’t Over Yet

Posted by in categories: business, cybercrime/malcode, finance

Since late 2013, this band of cybercriminals has penetrated the digital inner sanctums of more than 100 banks in 40 nations, including Germany, Russia, Ukraine, and the U.S., and stolen about $1.2 billion, according to Europol, the European Union’s law enforcement agency. The string of thefts, collectively dubbed Carbanak—a mashup of a hacking program and the word “bank”—is believed to be the biggest digital bank heist ever. In a series of exclusive interviews with Bloomberg Businessweek, law enforcement officials and computer-crime experts provided revelations about their three-year pursuit of the gang and the mechanics of a caper that’s become the stuff of legend in the digital underworld.


Carbanak’s suspected ringleader is under arrest, but $1.2 billion remains missing, and his malware attacks live on.

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Jun 30, 2018

The Single Greatest Economic Myth

Posted by in categories: business, economics, employment, geopolitics, health

Recorded at “Contra Krugman: The Economic Myths of the 2016 Election”: the Mises Circle at Seattle’s historic Town Hall, on 21 May 2016.

Presidential candidates promise everything from living wages to free health care and college. Proposals about how to run whole segments of the economy are made with a straight face. The most tired and hackneyed ideas about income equality, corporate greed, creating jobs, and paying one’s fair share of taxes are trotted out. And millions of voters apparently believe it all, falling for the same promises of free stuff and prosperity from Washington.

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Jun 28, 2018

Ending Age-related Diseases — NYC Conference

Posted by in categories: biotech/medical, business, life extension

July 12th our special one-day biotech and business conference launches in New York City. This event brings together some of the leading experts in aging research and investment and promises to be an action-packed day.

For more information please visit: https://www.eventbrite.com/e/ending-age-related-diseases-inv…5733391806

Video Creator: Jason Shulkin, Motion Graphics Artist. www.jasonshulkin.com

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Jun 26, 2018

Some science journals that claim to peer review papers do not do so

Posted by in categories: business, economics, science

Behind all this is a change in the way a lot of journals make their money. Over the past decade, many have stopped selling subscriptions. Instead, they charge authors a publication fee and permit people to read the result for nothing. This “open access” business model has the advantage of increasing the dissemination of knowledge, but it also risks corrupting the knowledge thus disseminated.


WHETHER to get a promotion or merely a foot in the door, academics have long known that they must publish papers, typically the more the better. Tallying scholarly publications to evaluate their authors has been common since the invention of scientific journals in the 17th century. So, too, has the practice of journal editors asking independent, usually anonymous, experts to scrutinise manuscripts and reject those deemed flawed—a quality-control process now known as peer review. Of late, however, this habit of according importance to papers labelled as “peer reviewed” has become something of a gamble. A rising number of journals that claim to review submissions in this way do not bother to do so. Not coincidentally, this seems to be leading some academics to inflate their publication lists with papers that might not pass such scrutiny.

Experts debate how many journals falsely claim to engage in peer review. Cabells, an analytics firm in Texas, has compiled a blacklist of those which it believes are guilty. According to Kathleen Berryman, who is in charge of this list, the firm employs 65 criteria to determine whether a journal should go on it—though she is reluctant to go into details. Cabells’ list now totals around 8,700 journals, up from a bit over 4,000 a year ago. Another list, which grew to around 12,000 journals, was compiled until recently by Jeffrey Beall, a librarian at the University of Colorado. Using Mr Beall’s list, Bo-Christer Björk, an information scientist at the Hanken School of Economics, in Helsinki, estimates that the number of articles published in questionable journals has ballooned from about 53,000 a year in 2010 to more than 400,000 today. He estimates that 6% of academic papers by researchers in America appear in such journals.

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Jun 25, 2018

Australian cities are lagging behind in greening up their buildings

Posted by in categories: business, energy, habitats, policy

Covering roofs and walls of buildings with vegetation is a good way of reducing greenhouse gas emissions. And these green roofs and walls make cities look nicer. Toronto’s central business district adopted a policy of establishing green roofs on around half of all city buildings in 2009. Research shows this could reduce maximum city temperatures by up to 5℃.

We spent the past 12 months analysing the case for more greenery on Australian city buildings, drawing on international comparisons. We’ve shown that a mandatory policy, coupled with incentives to encourage new and retrofitted and walls, will provide environmental, social and business benefits.

These include improved air quality, energy conservation and reductions in stormwater run-off from buildings, which would decrease flash flooding. Green roofs and walls also become new habitats for biodiversity and can be pleasant spaces for social interaction in dense urban areas.

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Jun 21, 2018

Longevity, the Greatest Investment Opportunity of All Time

Posted by in categories: biotech/medical, business, life extension, robotics/AI

The exponential potential of longevity technologies.


Jim Mellon became a billionaire by pouncing on a wide variety of opportunities, from the dawn of business privatization in Russia to uranium mining in Africa and real estate in Germany. But all of that might eventually look small, he says, compared to the money to be made in the next decade or so from biotechnologies that will increase human longevity well past 100.

The British investor is so enthusiastic about these technologies that he co-authored a 2017 book about them, Juvenescence: Investing in the Age of Longevity, and launched a company, Juvenescence Ltd., to capitalize on them. “Juvenescence” is a real word — it’s the state of being youthful. Says Mellon, who is 61: “I’m hoping that this stuff works on me as well as on my portfolio.”

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Jun 20, 2018

10 Charts That Will Change Your Perspective On Artificial Intelligence’s Growth

Posted by in categories: biotech/medical, business, employment, information science, mapping, robotics/AI, security

  • There has been a 14X increase in the number of active AI startups since 2000. Crunchbase, VentureSource, and Sand Hill Econometrics were also used for completing this analysis with AI startups in Crunchbase cross-referenced to venture-backed companies in the VentureSource database. Any venture-backed companies from the Crunchbase list that were identified in the VentureSource database were included.

  • The share of jobs requiring AI skills has grown 4.5X since 2013., The growth of the share of US jobs requiring AI skills on the Indeed.com platform was calculated by first identifying AI-related jobs using titles and keywords in descriptions. Job growth is a calculated as a multiple of the share of jobs on the Indeed platform that required AI skills in the U.S. starting in January 2013. The study also calculated the growth of the share of jobs requiring AI skills on the Indeed.com platform, by country. Despite the rapid growth of the Canada and UK. AI job markets, Indeed.com reports they are respectively still 5% and 27% of the absolute size of the US AI job market.

  • Machine Learning, Deep Learning and Natural Language Processing (NLP) are the three most in-demand skills on Monster.com. Just two years ago NLP had been predicted to be the most in-demand skill for application developers creating new AI apps. In addition to skills creating AI apps, machine learning techniques, Python, Java, C++, experience with open source development environments, Spark, MATLAB, and Hadoop are the most in-demand skills. Based on an analysis of Monster.com entries as of today, the median salary is $127,000 in the U.S. for Data Scientists, Senior Data Scientists, Artificial Intelligence Consultants and Machine Learning Managers.

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Jun 20, 2018

5 biggest risks of sharing your DNA with consumer genetic-testing companies

Posted by in categories: biotech/medical, business, genetics, health

Some individuals worry they will discover things about their DNA that will be frightening — namely, the risks they run of contracting various diseases — and not know how to move forward with the information. Professional scientific skeptics contend the information may not even be as accurate as claimed, and lead people to make questionable health decisions. But there’s another type of risk that consumers aren’t focusing on as much, and it’s a big one: privacy. There is nothing more private than your personal genetic information, and sending away for a personal genome kit means sharing your DNA with the testing companies. What do they do with it, beyond providing consumers with genetic and health assessments?


Consumer DNA genetic testing kits are a booming business, and the biggest risk isn’t necessarily uncovering a health scare; it’s what these companies may do, or be forced to do, with your genetic data.

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Jun 17, 2018

New (?) ideas for utilizing space for business: hypergravity for isotopic enrichment

Posted by in categories: business, energy, space

One night, as I was putting my daughter to bed and waiting for her to fall asleep, I tried to think of some new markets for space utilization.

We often hear about attempts to find industrial uses for microgravity for growing crystals, for purification of electronic materials (which is an actual thing with ACME Advanced Materials: http://www.a2-m.com/), maybe growth of certain metal foams, etc. However, in space, you’re in both a hard vacuum and not physically resting on anything, so you can spin up something, and it will simply keep on spinning (stably, if you spin it around the correct axis) nearly indefinitely without any additional energy input and no wear on bearings or anything. So in fact, you can get basically any gravity level you want, including HYPERgravity, nearly for free.

What are the applications of this?

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Jun 15, 2018

NASA is about to launch astronauts into space again – and a massive business for big companies

Posted by in categories: business, space

It’s been seven years since astronauts launched into space from U.S. soil.


From idolized to anonymous, what it means to be an American astronaut is changing once more.

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