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Archive for the ‘business’ category

Oct 7, 2018

A Man Of 3 Worlds: The Russian-American Billionaire Giving Millions To U.S. and U.K. Universities

Posted by in categories: business, education

Len Blavatnik, the Ukrainian-born and Russian-raised billionaire businessman with a net worth of $17.9 billion, says he has given away $500 million to charity so far, mostly to world-renowned universities like Oxford, Harvard, Stanford and Yale. When asked why he favors donating to higher education institutions, he explains shrewdly that for him, conducting philanthropy is like running a business.


Len Blavatnik, who made his first billions in Russia, credits much of his success to his academic parents and to his education. He’s given hundreds of millions to universities mostly in America and England.

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Oct 6, 2018

MCA & DfT awarded £1million to boost autonomous shipping industry

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

The funding, awarded by the UK Government’s Department for Business, Energy and Industrial Strategy’s Regulators’ Pioneer Fund, will be used to pioneer new ways of regulating the autonomous and smart shipping industries to help them deliver innovative new technologies to the traditional maritime sector.

The global autonomous shipping industry is predicted to grow into a $136 billion behemoth by 2030, with UK businesses already playing a key role. The funding will see the creation of the Maritime Autonomy Regulation Lab, where regulators from the MCA and DfT can work with academia and support industry to promote on-water testing and flagship projects and help the UK grow its presence in the global marketplace.

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Oct 6, 2018

Did China hack US motherboards?; Industrial-base report, previewed; New tool to fight fake news; ‘Light footprints’ mean shaky intel; And a bit more

Posted by in categories: business, cybercrime/malcode, employment, government, surveillance

China put tiny spy chips on many U.S. servers. That’s the word from Bloomberg Businessweek, whose cover story published Thursday asserts that Beijing persuaded Chinese hardware manufacturers to install a surveillance chip, half the size of a grain of rice, on the motherboards of hundreds of thousands of data servers sold around the world by a U.S. company called Supermicro, including to Amazon and Apple.

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Oct 5, 2018

Are You Sure Eighty Years Are Enough?

Posted by in categories: business, life extension

Sometimes, people say that around 80 years of life will be enough for them, but have they thought it through?


When asked how long they want to live, people often say no more than ten years above their country’s average lifespan. This, mind you, is in a world where aging is still inevitable; people know they won’t be in top shape during those ten extra years, and yet, perhaps hoping they might be an exception to that rule, they still wish they could get that little extra time. Even when told that they will live these extra years in complete health, the most common choice is the current maximum recorded human lifespan, which is roughly 120 years.

If we assume that no rejuvenation therapies are available to extend the time you spend in youthful health, then it is somewhat understandable if you don’t feel up for a very long life, because the odds are that its final decades will be increasingly miserable ; however, if rejuvenation therapies were available, and you could be fully healthy for an indefinite time, why stop at 120 years? Life extension advocates have probably all had their fair share of conversations with people who insist that 80-odd years will be more than enough for them, health or no health—worse still, some don’t care about preserving their health precisely because they think that 80 years is a sufficiently long time to live.

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Oct 2, 2018

As stem cell and gene technologies advance, La Jolla conference mushrooms

Posted by in categories: biotech/medical, business

Now in its 12th year, the Cell & Gene Meeting on the Mesa continues to grow, much like the stem cells that are the center of its business and scientific discussions.

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Sep 30, 2018

What Happened To Tesla’s Solar Roof Tiles?

Posted by in categories: business, Elon Musk, sustainability, transportation

Elon Musk unveiled prototypes of Tesla’s Solar Roof tiles In October 2016. They came in four styles that looked just like normal roofing material but were essentially miniaturized versions of traditional solar panels.

The announcement helped Tesla justify its $2.6 billion acquisition of SolarCity one month later and represented Musk’s vision for what the businesses could do together.

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Sep 29, 2018

HPE powered an AI that beat the best poker players

Posted by in categories: business, robotics/AI

Imagine what it can do for business.

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Sep 27, 2018

DNA Money Edit: Telecom sector awaits a turnaround

Posted by in categories: biotech/medical, business, economics, employment, finance, government, health, internet, policy, robotics/AI

The new digital communications policy (NDCP) 2018, approved by the Cabinet on Wednesday, looks too good to believe. It has promised to create an additional four million jobs in five years and reskill another one million people in new-age skills and sectors such as 5G LTE and artificial intelligence. Six lakh villages will be connected which will eventually lead to creating jobs and several earning avenues such as managing WiFi hotspots and laying optical fibre, among others. The policy will give an impetus to the job market.

NDCP is bound to create a massive infrastructure and help the debt-ridden telecom sector emerge from its current turbulence. The policy document envisages the reduction in levies and ease of doing business, and this will help restore the financial health of the long-bleeding sector. The focus will be on the proliferation of telecom services and facilitating low-cost financing. The government’s ambitious plan of Digital India will get a booster shot. Thanks to the promise of 50 Mbps speed in the broadband connection, the consumer will be the ultimate beneficiary.

Plans are afoot to reform the licensing and regulatory regime to facilitate investments and innovation, besides promoting ease of doing business. The success of the policy will depend on the execution of the policy.

Continue reading “DNA Money Edit: Telecom sector awaits a turnaround” »

Sep 27, 2018

Salesforce’s Einstein has found its voice

Posted by in categories: business, robotics/AI

Salesforce has showcased new natural language features for enabling its Einstein AI platform to further simplify the work of sales agents, marketers and business leaders.

On ‘AI Day’ at the Dreamforce conference, members of Salesforce’s data science team demonstrated how Einstein Voice—an emerging speech interface—can be used to better access sales figures and projections, automate repetitive tasks, and receive business insights, including through Amazon’s and Google’s smart speakers.

Jim Sinai, Salesforce’s vice president of marketing, said in a keynote that Salesforce had been working on Einstein Voice for the last year to better deliver Einstein’s data discovery, deep learning and machine learning capabilities.

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Sep 22, 2018

Extreme biohacking: the tech guru who spent $250,000 trying to live for ever

Posted by in categories: bioengineering, biotech/medical, business

Very interesting article on the ideas and daily life of the businessman and biohacker Serge Faguet.


Silicon Valley millionaire Serge Faguet thinks pills, injections and implants will turn him into a superhuman. Could they?

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