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☆ Discovery of 50,000-year-old baby mammoth a big boon to researchers
▼ + stars: | 2024-12-24 | by ( Hannah Peart | Hannah Peart Is An Intern In The Nbc News London Bureau. | ) www.nbcnews.com time to read: +3 min

A baby mammoth that lay almost perfectly preserved for 50,000 years in the now-melting permafrost of eastern Siberia has been unveiled by a team of scientists. The carcass of the baby mammoth, dubbed “Yana” after the Yana River basin where it was found in eastern Siberia, Russia, was unveiled by researchers on Monday. It was only the seventh baby mammoth carcass discovered globally — six in Russia and one in Canada. The mammoth is 4 feet tall, weighs about 400 pounds and is less than 6.6 feet long, according to the press release. Researchers Gavril Novgorodov and Erel Struchkov pose next to the remains of a baby mammoth discovered in June.

Persons: “, ”, Anatoly Nikolaev, “ Yana, Yana ”, Maxim Cheprasov, Yana, Cheprasov, Gavril Novgorodov, Erel Organizations: Lazarev Mammoth Museum, Eastern Federal University, Lazarev Mammoth Museum Laboratory, Russian Federation Locations: Siberia, Yakutsk, Russia, Canada, Bataga, Batagaika, Russian

☆ Baby mammoth found in Russian crater is the world’s ‘best’ preserved, says scientist
▼ + stars: | 2024-12-23 | by ( Adam Pourahmadi | ) edition.cnn.com time to read: +2 min

CNN —Russian scientists presented the carcass of a baby mammoth, whose incredibly well-preserved remains were found in the Siberian region of Yakutia in June after more than 50,000 years. The carcass of the female juvenile mammoth, nicknamed Yana, was discovered by local residents after a permafrost crater expanded, according to Russian state media outlet TASS. According to Cheprasov, the baby mammoth was about one-year-old when it died and weighed around 397 pounds [180 kilograms]. Researchers Gavril Novgorodov and Erel Struchkov pose for a picture next to the carcass of a baby mammoth, which is estimated to be over 50,000 years old. Gavril Novgorodov/ReutersBefore this baby mammoth was discovered, a total of six complete mammoth skeletons have been found in the world, five in Russia and one in Canada, according to Cheprasov.

Persons: Yana, ” Maksim Cheprasov, Cheprasov, “, ” Cheprasov, Gavril Novgorodov, Erel, ”, Anatoly Nikolaev, CNN’s Svitlana Vlasova Organizations: CNN, Mammoth Museum, Eastern Federal University, TASS, Reuters Locations: Siberian, Yakutia, Yakutsk, Russia, Canada

The cost to Israel's economy of its war with Hamas militants will be unlike anything it has experienced in decades. "This is not a hit for contractors or industrialists alone," said Raul Sarugo, president of the Israel Builders' Association. Israel was blindsided on Oct. 7 by Hamas gunmen from Gaza who rampaged through border towns in the deadliest attack on civilians in its history. The conflict has also halted the movement of thousands of Palestinian labourers from Gaza to Israel and curtailed the flow from the occupied West Bank. The Economy Ministry created a war room and put out a call for help.

Persons: Raul Sarugo, Israel, Netanel Shraga, Barak Klein, ThetaRay, Erel Margalit, Dror Bin, We've, Bin, Leo Leiderman, Amir Yaron, Yaron, Steven Scheer, Ari Rabinovich, Toby Chopra Organizations: Hamas, Israel Builders ' Association, West Bank, Columbia, HIGH, TECH, Factories, Israel Innovation Authority, Ministry, Bank Hapoalim, Israeli Finance Ministry, Reuters, of Israel, Thomson Locations: Israel, Gaza, Israel's, Iran, Lebanese

☆ World's biggest permafrost crater in Russia’s Far East thaws as planet warms
▼ + stars: | 2023-07-21 | by ( ) www.reuters.com time to read: +2 min

BATAGAI, Russia, July 21 (Reuters) - Stunning drone footage has revealed details of the Batagaika crater, a one kilometre long gash in Russia's Far East that forms the world's biggest permafrost crater. "We locals call it 'the cave-in,'" local resident and crater explorer Erel Struchkov told Reuters as he stood on the crater's rim. The "gateway to the underworld," as some locals in Russia's Sakha Republic also call it, has a scientific name: a mega-slump. "In future, with increasing temperatures and with higher anthropogenic pressure, we will see more and more of those mega-slumps forming, until all the permafrost is gone," Tananayev told Reuters. "With an increasing air temperature we can expect (the crater) will be expanding at a higher rate," he said.

Persons: Erel Struchkov, Nikita Tananayev, Tananayev, Struchkov, aren't, Lucy Papachristou, Andrew Osborn, David Holmes Organizations: Reuters, Thomson Locations: BATAGAI, Russia, Russia's Sakha Republic, Yakutsk, Sakha

☆ Oddity will start trading after pricing IPO above range — here's what the beauty and tech company does
▼ + stars: | 2023-07-19 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +4 min

In the three months ended March 31, the company saw $165.7 million in revenue, up from $90.4 million in the year-ago period. It reported net income of $19.6 million, or 35 cents a share, compared with about $3 million, or 5 cents a share, a year earlier. In fiscal 2022, Oddity brought in $324.5 million in sales and saw net income of $21.7 million, or 39 cents a share. In the year prior, the retailer saw $222.6 million in revenue and net income of $13.9 million, or 26 cents a share. In 2020, it saw $110.6 million in sales and net income of $11.7 million, or 22 cents a share.

Persons: Oran Holtzman, Holtzman, Shiran Holtzman, Lindsay Drucker Mann, Goldman Sachs Organizations: Tech, Nasdaq, CNBC, Goldman, Israeli Defense Forces Locations: U.S

☆ Israeli investor says tech sector will overcome judicial reform crisis
▼ + stars: | 2023-07-12 | by ( Steven Scheer | ) www.reuters.com time to read: +3 min

... Read moreSummaryCompanies Crucial tech sector hit by judicial reform crisisStartup funding falls 70%, emigration increasingTech execs take lead in opposing reformJERUSALEM, July 12 (Reuters) - A leading Israel investor on Wednesday predicted that the country's vital tech sector would recover quickly from its current funding downturn, in part by fighting a government judicial reform plan many blame for scaring away investment. A key driver of economic growth in Israel, the tech sector saw its funding hit last year by the global economic slowdown. "The big inventors are the warriors of democracy," Margalit told Reuters on the sidelines of a JVP Climate Tech conference. While the tech sector needs a stable Israeli economy, the economy needs a strong tech sector, which accounts for 14% of jobs and almost a fifth of gross domestic product. The fall off in tech funding has been a major factor in the weakening of the shekel , analysts say.

Persons: Erel Margalit, Benjamin Netanyahu's, Margalit, Barak Eilam, Eynat Guez, Israel's shekel, Steven Scheer, Conor Humphries Organizations: Jerusalem Venture Partners, AccorHotels Arena, Tech, Labour Party, Reuters, JVP Climate Tech, NICE, Tel, Thomson Locations: Paris, France, JERUSALEM, Israel, Israel's, Tel Aviv

☆ Beauty and tech company Oddity, which runs Il Makiage, files to go public
▼ + stars: | 2023-06-23 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +5 min

Beauty and tech company Oddity, which runs the Il Makiage and Spoiled Child brands, filed to go public Friday as the once-frozen IPO market warms up. In the three months that ended March 31, the company saw $165.65 million in revenue, up from $90.41 million in the year-ago period. In fiscal 2022, Oddity brought in $324.52 million in sales and saw a net income of $21.73 million, or $5.94 a share. In 2020, it saw $110.64 million in sales and a net income of $11.71 million, or $3.45 a share. E.L.F., a multibrand beauty company, saw $144.94 million in sales in fiscal 2014 and a net loss of $2.88 million.

Persons: didn't, Oran Holtzman, Shiran Holtzman, Lindsay Drucker Mann, Goldman Sachs, Child's, Holtzman Organizations: Nasdaq, Goldman, CNBC, Israeli Defense Forces, Technologists Locations: Israel, U.S, Canada, Europe, Australia

☆ A divided Israel stands at a perilous crossroads on its 75th birthday
▼ + stars: | 2023-04-26 | by ( Hadas Gold | ) edition.cnn.com time to read: +10 min

And weakens the pillars that hold our nation together,” Israel’s President Isaac Herzog warned this week in a speech to Jewish groups. The legislation has plunged Israel into the largest and longest protest movement in the country’s history. Frozen peace processBut as Israel celebrates 75 years since its founding with fanfare, Palestinians mark the same event with mourning. It was during the Jewish state’s creation that more than 700,000 Palestinians were forced to flee their homes in what is now Israel. “This is the end of the era of limited conflicts,” Gallant told reporters, according to the Times of Israel.

☆ This startup found success using A.I. to build beauty products. But can it keep making money?
▼ + stars: | 2023-03-01 | by ( Gabrielle Fonrouge | ) www.cnbc.com time to read: +7 min

Oddity Il Makiage Coutesy: OddityOddity — the direct-to-consumer beauty and wellness platform known for its ubiquitous Il Makiage social media ads — is making money and growing in an environment that's increasingly risky for purely digital retailers. Since its U.S. launch in 2018, Oddity has achieved profitability, the company said, making $380 million in gross sales in 2022. In Spoiled Child's first year on the market, the new brand brought in $48 million in gross sales. Oddity builds out new products and brands by using its tech to figure out what customers are looking for. Oddity is in the process of integrating the tech into its Il Makiage powermatch quiz to improve accuracy.

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