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Archive for the ‘finance’ category

Feb 18, 2018

Will 100 be the new 60? Stem cell start-up that raised $250 million could extend lifespan

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

Longevity become hottest object for investments;

Startup founded 5 moths ago just raised $250 million.


The start-up, which launched in September and is headquartered in Warren, N.J., announced Thursday it has raised $250 million in venture capital from global biopharmaceutical company Celgene, biotechnology company United Therapeutics Corporation, biopharmaceutical company Sorrento Therapeutics, DNA sequencing and machine learning company Human Longevity, Inc.

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Feb 4, 2018

Lloyds Bank to ban credit card owners from buying cryptocurrencies | Reuters | Yahoo News

Posted by in categories: bitcoin, cryptocurrencies, finance

“Lloyds Banking Group Plc said on Sunday it would ban its credit card customers from buying Bitcoin and other cryptocurrencies.”

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Feb 3, 2018

UN Calls on Investors to Align Portfolios with Paris Agreement | UNFCCC

Posted by in categories: business, environmental, finance

“Greater ambition to divest from fossil fuel investments and consistent climate action is needed from the global investor community to accelerate the move towards a low-carbon economy and a climate-resilient future, top UN officials said at a major investor summit in New York this week.”

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Jan 25, 2018

Behind the simulations imagining the nuclear apocalypse

Posted by in categories: cybercrime/malcode, finance

Security experts say more of these hands-on demonstrations are needed to get an industry traditionally focused on physical protection to think more creatively about growing cyber threats. The extent to which their advice is heeded will determine how prepared nuclear facilities are for the next attack.

“Unless we start to think more creatively, more inclusively, and have cross-functional thinking going into this, we’re going to stay with a very old-fashioned [security] model which I think is potentially vulnerable,” said Roger Howsley, executive director of the World Institute for Nuclear Security (WINS).

The stakes are high for this multibillion-dollar sector: a cyberattack combined with a physical one could, in theory, lead to the release of radiation or the theft of fissile material. However remote the possibility, the nuclear industry doesn’t have the luxury of banking on probabilities. And even a minor attack on a plant’s IT systems could further erode public confidence in nuclear power. It is this cruelly small room for error that motivates some in the industry to imagine what, until fairly recently, was unimaginable.

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Jan 19, 2018

China publishes more scientific articles than the U.S.

Posted by in categories: engineering, finance

A new analysis of global science and engineering competence shows that the United States is struggling to fight off an increasingly competitive China.

The numbers: According to the National Science Foundation, China published over 426,000 research papers in 2016. America pumped out almost 409,000. If you consider the number of citations for those papers, a measure of the influence they have in the scientific community, America does better—it placed third internationally, while China comes in fifth (Sweden and Switzerland took the top spots).

Strengths elsewhere: The report does, however, note that America invests the most in R&D, attracts the most venture capital, and awards the most advanced degrees compared with every other nation in the world.

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Jan 17, 2018

Philip K. Dick and the Fake Humans

Posted by in categories: finance, information science, internet, robotics/AI

Standard utopias and standard dystopias are each perfect after their own particular fashion. We live somewhere queasier—a world in which technology is developing in ways that make it increasingly hard to distinguish human beings from artificial things. The world that the Internet and social media have created is less a system than an ecology, a proliferation of unexpected niches, and entities created and adapted to exploit them in deceptive ways. Vast commercial architectures are being colonized by quasi-autonomous parasites. Scammers have built algorithms to write fake books from scratch to sell on Amazon, compiling and modifying text from other books and online sources such as Wikipedia, to fool buyers or to take advantage of loopholes in Amazon’s compensation structure. Much of the world’s financial system is made out of bots—automated systems designed to continually probe markets for fleeting arbitrage opportunities. Less sophisticated programs plague online commerce systems such as eBay and Amazon, occasionally with extraordinary consequences, as when two warring bots bid the price of a biology book up to $23,698,655.93 (plus $3.99 shipping).

In other words, we live in Philip K. Dick’s future, not George Orwell’s or Aldous Huxley’s. Dick was no better a prophet of technology than any science fiction writer, and was arguably worse than most. His imagined worlds jam together odd bits of fifties’ and sixties’ California with rocket ships, drugs, and social speculation. Dick usually wrote in a hurry and for money, and sometimes under the influence of drugs or a recent and urgent personal religious revelation.

Still, what he captured with genius was the ontological unease of a world in which the human and the abhuman, the real and the fake, blur together. As Dick described his work (in the opening essay to his 1985 collection, I Hope I Shall Arrive Soon):

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Jan 11, 2018

Bioquark Inc. — Power of Attorney Show — Ira Pastor

Posted by in categories: aging, bioengineering, business, chemistry, DNA, finance, genetics, health, life extension, science

https://www.facebook.com/letonya.moore.5/videos/1970919586269818/

Jan 11, 2018

Playboy — DNA To Find The One — Bioquark Commentary

Posted by in categories: biological, biotech/medical, business, DNA, finance, genetics, health, philosophy, science, sex

http://www.playboy.com/articles/dna-to-find-the-one



Jan 11, 2018

Chinese Workers Abandon Silicon Valley for Riches Back Home

Posted by in categories: finance, government, robotics/AI

U.S.-trained Chinese-born talent is becoming a key force in driving Chinese companies’ global expansion and the country’s efforts to dominate next-generation technologies like artificial intelligence and machine learning. Where college graduates once coveted a prestigious overseas job and foreign citizenship, many today gravitate toward career opportunities at home, where venture capital is now plentiful and the government dangles financial incentives for cutting-edge research.

“More and more talent is moving over because China is really getting momentum in the innovation area,” said Ken Qi, a headhunter for Spencer Stuart and leader of its technology practice. “This is only the beginning.”

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Jan 7, 2018

Revenue Neutral model reduces altcoin investment risk

Posted by in categories: bitcoin, cryptocurrencies, economics, finance, geopolitics, internet

Titles are chosen by editors and not journalists or experts. I fought my editor over the above title. Yes, I address the teaser—and I explain a solid altcoin investment model. But, that comes after the break. The first part of this article should be titled “Why would anyone quote cost or value in Bitcoin?”. The subjects are highly related, so bear with me…

Today, a reader asked this question:

Some financial sites discuss value in Bitcoin terms, rather
than dollars or Euros. Why would I calculate the value of a
new car, my rent or an investment in this way? It’s hard to
understand how much money I need!

Answer: Your right! It’s difficult to estimate the value of a car or your rent in terms of Bitcoin. You are paid in dollars or Euros—and your landlord quotes rent in the same currency.

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