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Biles submitted a new element on the uneven bars for consideration to the International Gymnastics Federation on Friday. Simone Biles has submitted an original skill on the Uneven Bars! Asked about the vault, Biles’ coach Cecile Landi smiled broadly. She earned her first named move in 2013, on the floor exercise and three of her elements — the Biles on beam, Biles II on floor, Biles and now Biles II on vault — rank as the most difficult skills on their respective apparatus. At the Tokyo Games in 2021, Biles withdrew from the team competition after battling the twisties.
Persons: PARIS — Simone Biles, Biles, , Svetlana Khorkina —, Khorkina, Weiler, kip —, Simone Biles, ike, andi, iles, ault, ince Organizations: International Gymnastics Federation, aker
CNN —Vending machines selling ammunition will now be in grocery stores in Alabama, Texas and Oklahoma – a move that has generated mixed feelings from officials in those states. Each machine sells ammunition for various firearm calibers, including rifles, shotguns and handguns, according to American Rounds. Earlier this month, the ammunition dispenser in Tuscaloosa, Alabama, was taken down and relocated by American Rounds. American Rounds plans to expand into more states, having already received offers from stores in California, Florida and Hawaii, among others, Magers said. The company, he said, is setting up two more dispensers in Texas and Colorado within the next couple of weeks.
Persons: Grant Magers, “ It’s, ” Magers, , , Kip Tyner, ” Tyner, Magers Organizations: CNN, Alcohol, Tobacco, Firearms, Explosives, Oklahoma, American Locations: Alabama , Texas, Oklahoma, Alabama, Texas, Tuscaloosa , Alabama, Tuscaloosa, California , Florida, Hawaii, Colorado
This time, officials were unveiling plaques designating the former Rio Vista Bracero Reception Center in Socorro, Texas, as a National Historic Landmark. While the bracero program provided a legal pathway for guest workers, crackdowns on illegal immigration were also common during that period. Why Rio Vista is so significant – and rareThe Rio Vista site, a key hub for the program, is about a 30-minute drive from El Paso, Texas. Before its role in the bracero program, the area known as Rio Vista Farm was a poor farm and an orphanage. All of this went through Corral’s mind as he revisited Rio Vista on May 11.
Persons: Sebastian Corral’s, they’d, , you’d, ” Corral, Lee G, Williams, Yolanda Chávez Leyva, it’s, ” Leyva, Sebastian Corral, , Leyva, who’s, Blanca McCreary, ” McCreary, Department of Homeland Security Leyva, Corral, , Sehila Mota Casper, They’ve, ” Mota Casper, Kip Malone, Mota Casper, ” Victor Reta, he’s, he’d, Maria, He’d, Reagan Organizations: CNN, Corral, Historic Landmark, Mexican Farm Worker, Library, Department of Homeland, Dallas Morning News, Department of Labor, University of Texas, Rio Vista, ” Patrol, National Trust for Historic Preservation, US Public Health Service, Heritage, Locations: Vado , New Mexico, America, Rio, Socorro , Texas, Mexico, Hidalgo , Texas, El Paso, Rio Vista, El Paso , Texas, South Texas, Socorro, Leyva, United States, Delicias, New Mexico, , New Mexico , Colorado , Wyoming, Texas, Mexican, Los Angeles, California
Modern HealthModern Health provides personalized mental health treatment to employers, including coaching and therapy. Lennox-Miller said it's unlikely Modern Health could snag the same valuation from its last fundraise in a deal today. DeGagne said employer-focused mental health startups such as Modern Health have the potential for more profitable growth with "stickier" recurring revenue models. He said pharmacy giants Walgreens or CVS Health might seek to pick up a mental health asset like Modern Health. In a statement provided by Modern Health, Forrester senior analyst Jonathan Roberts said, "Modern Health is certainly a partner with its finger on the pulse.
Persons: Alyson Watson, Alexander Lennox, Miller, fundraise, DeGagne, Forrester, Jonathan Roberts Organizations: Modern Health, Health, Lennox, BI, Modern, Walgreens, CVS Health, CVS
Under Rule 3.3b (3) of the USGA Rules of Golf, the world No. “Rules are rules,” he added in his post on X, formerly known as Twitter. Spieth’s fellow pro Michael S. Kim labeled the rule “stupid,” even with “many safeguards,” while PGA Tour caddie Kip Henley lamented “another benchmark in the dumbest rule in all of sports.”“Seriously, why even have scorecards on the PGA Tour?” Henley asked in another post. USGA rules do not disqualify players for returning a score higher than their actual score, only those returned that are lower. The PGA Tour, in accordance with USGA guidelines, follows a multi-step process to check the scorecards of fields peaking at 156-strong.
Persons: Jordan Spieth, Spieth, , Hideki Matsuyama, Michael S, Kim, Kip Henley, , ” Henley, , Eddie Pepperell, Dylan Wu, Wu, Jared C, Tilton, Roberto De Vicenzo, Tommy Aaron, Vicenzo, Bob Goalby, Wyndham Clark, Carlota Ciganda, Rory McIlroy’s, we’re, , ” McIlroy, Ryan Kang, Xander Schauffele, ” “ Jordan, , ” Schauffele, It’s, Scottie Scheffler, – caddie, ” Scheffler, Ronald Martinez, Luke Kerr, Dineen, Kerr, Joel Beall, ain’t, “ Spieth, “ It’s, ” Beall Organizations: CNN, Riviera Country Club, USGA, Twitter, , Tour, Royal Liverpool Golf Club, Evian, CNN Sport, ” CNN, PGA, NBC Sports, , PGA Tour Locations: American, California, , Hoylake, England
Kip Turner, 68, has spent his entire 50-year career with AT&T working as an engineer. And despite his long tenure, he tells CNBC Make It he has often been one of the youngest people on his team. Turner first joined the company as a station installer in 1973 when he was 18 years old. "Be very confident when you challenge somebody, especially somebody that's 20 to 30 years older than you that's been doing the job for so long. "I made the mistake of embarrassing people in the past and it never, ever works out well."
Persons: Kip Turner, Turner, I've, I'm, that's Organizations: CNBC Locations: Faulkner County , Arkansas, Central Arkansas
It’s been a wonderful year at the movies for cinephiles, but what do you get for the film lover who has seen everything already? There are inspiration boards, script pages with handwritten annotations, correspondence with collaborators, as well as personal introductions to each film. They even have a section where you can choose films based on running time: Only have 90 minutes or less? Another special feature looks at the development of black and white 65mm film stock they pioneered for the film. Because this license plate has serious movie cred.’” It’s easily google-able, but we won’t spoil it here.
Persons: It’s, Barbie, Sofia Coppola, “ Sofia Coppola, Coppola, “ Priscilla, , she’s, Kirsten Dunst, Bill Murray, Tomasz Ruminski, Leszek Żebrowski ’, Andrzej Krajewski ’, thoughtfully, Parker Posey, Ozu, Ousmane Sembène, “ Hitchcock, Christopher Nolan’s “ Oppenheimer ”, Nolan, Kai Bird, Kip Thorne, Matt Singer, Roger Ebert, Gene Siskel, Siskel, Ebert, Singer, , Samuel L, Jackson, Cillian Murphy, Jason Momoa, Steven Soderbergh, it’s, Joanna Bush, Soderbergh, ” It’s Organizations: Sundance Film, Criterion, , Teamsters, NICE Locations: , Park City , Utah, Chicago
An alarming debt crisis has unfolded in Laos in recent years, raising worries about the tiny nation's obligation to its biggest creditor — China. China became the largest foreign investor in Laos in late 2013 and since then, its influence has only continued to skyrocket. Laos borrowed billions from President Xi Jinping's government to finance railways, highways and hydroelectric dams, depleting its foreign reserves in the process. It's widely feared the country may be on the brink of economic collapse if the economic crisis spins out of control. But without a clear-cut debt reduction deal with China, Laos' financial hardships will not likely ease, analysts warn.
Persons: Xi Jinping's, kip Organizations: Initiative, U.S ., Asian Development Bank Locations: Vientiane, Laos, China, Beijing
If you have ever wondered what it might feel like to be sucked into a black hole — twisted, stretched, confused, doomed — you could do worse than trip through “The Warped Side of Our Universe, An Odyssey Through Black Holes, Wormholes, Time Travel and Gravitational Waves,” a collaborative book project by Kip Thorne, a physicist at the California Institute of Technology, and Lia Halloran, a visual artist and chair of the art department at Chapman University in Orange, Calif.Dr. Thorne brings impressive credentials to the task. In 2017 he won the Nobel Prize in Physics for his work on the Laser Interferometry Gravitational-Wave Observatory, or LIGO, which discovered space-time vibrations resulting from the collision of two distant black holes. He was also the executive producer of the movie “Interstellar.” Ms. Halloran, who grew up surfing and skateboarding in the Bay Area, became obsessed with science after a high school internship at the Exploratorium in San Francisco. The book consists of illustrations of what Dr. Thorne likes to call the “space-time storms” predicted by general relativity, Einstein’s theory of gravity, alternating with his own explanations of the physics, which appear in verse. Many of the illustrations, which are in ink on drafting film, portray Ms. Halloran’s wife, Felicia, being whipped around, crushed and twisted by the forces of nature.
Persons: Kip Thorne, Lia Halloran, Thorne, Ms, Halloran, Halloran’s, Felicia Organizations: California Institute of Technology, Chapman University in Locations: Chapman University in Orange, Calif, Bay, San Francisco
Kip Turner, 68, joined AT&T shortly after high school and has been with the company his entire 50-year career. He's also taken on plenty of younger mentees along the way and thinks that, despite today's culture of job-hopping, even today's young grads could build their own 50-year career. 'I have always told my supervisors to leave me alone'Turner says he's never been "especially aggressive" about trying to get promoted. Courtesy of AT&TEven so, Turner applied to plenty of promotions and has been disappointed to not get them. Turner applied and secured the role.
Persons: Kip Turner, Kip Turner wasn't, what's, he's, Turner, He's, mentees, I've Organizations: AT, CNBC Locations: Faulkner County , Arkansas
But Cross has always expressed his innocence, and Currin’s father, Joe Currin, has come to believe Cross was wrongfully convicted. CNN will be following the team of the “Wrongful Conviction” podcast as it reports on KIP’s efforts to overturn Cross’ conviction. Stubblefield testified at Cross’ trial that when the gathering wrapped up, Currin left to walk home. Perkins also testified Cross kept pulling up his pants because he wasn’t wearing a belt. Pages of newly discovered emails between Mangold and Galbreath are a part of KIP’s motion to vacate Cross’ conviction.
Persons: Jessica Currin, Quincy Omar Cross, Joe Currin, Cross, “ We’ve, ” Joe Currin, you’ve, Miranda Hellman, KIP, Joshua Lott, Maggie Freleng, Currin, Vinisha Stubblefield, Stubblefield, Jeffrey Burton, Tamara Caldwell, Victoria Caldwell, Burton, Caldwell, Chris, Mike Perkins, Perkins, Stephen Lance Dennee, AP Burton, Victoria Caldwell’s, Alford, Carlos “ Lolo ” Saxton, Jeremy Adams, Saxton, Adams, Jeffrey Burton’s, Stubblefield recanting, wasn’t, , , , Nathan Kent, Jeff don’t, Victoria Caldwell's, Jessica Currin's, KIP that’s, Hellman, Adams ’, Mayfield, Susan Galbreath, Galbreath, Tom Mangold, Mangold, Currin “, Susan Galbreath gestured, AP Galbreath, Quincy Coss, I’d, She’s Organizations: CNN, Mayfield Middle School, Kentucky Innocence, Washington Post, Paducah Sun, Graves, Kentucky Department of Corrections, Quincy Cross, AP, Cross, Caldwell, Facebook, Kentucky Attorney General’s, Kentucky State Police, Mayfield Police, Mayfield Police Department, Kentucky, Investigation, Quincy, Kentucky Bureau, Gatorade, General’s Locations: Kentucky, Graves, Mayfield, Mayfield , Kentucky, Stubblefield, Caldwell, Union City , Tennessee, Graves County
Kip Turner joined AT&T when he was 18 years old without a bachelors degree and learned everything for his engineering career on-the-job. In the summer of 1973, Turner drove to Little Rock for an interview and joined AT&T as a station installer. Turner joined AT&T without a bachelor's degree and has learned everything on the job. Kip Turner, 68, joined AT&T shortly after high school and has been with the company his entire 50-year career. "I would have loved to have completed an engineering degree," he says.
Persons: Kip Turner, he'd, Turner, he's Organizations: AT, Arkansas State University, Southwestern Bell Telephone, Little, CNBC, T, Notre Dame, University of Oklahoma, Champlain College , North, & $, & $ Locations: Champlain College , North Carolina
What the Nobel Prizes get wrong about science
  + stars: | 2023-09-29 | by ( Katie Hunt | ) edition.cnn.com   time to read: +9 min
Peter Brzezinski, the secretary of the committee for the Nobel chemistry prize, said there were no plans to change the rule. He said the Nobel Prize committees, at least for science prizes, are “innately conservative.”DiversityOther criticism leveled at the Nobel Prizes includes the lack of diversity among winners. Of course, these flaws and gaps only matter because the Nobels are far better known than other science prizes, Rees added. The Nobel Prize in physiology or medicine will be announced on Monday, followed by the physics prize on Tuesday and the Nobel Prize in chemistry on Wednesday. The Nobel Prize for literature and the Nobel Peace Prize will be announced on Thursday and Friday, respectively.
Persons: Alfred Nobel, Martin Rees, Rees, , Jonathan Nackstrand, Rainer Weiss, Barry Barish, Kip Thorne, David Pendlebury, “ Nobel, ” Pendlebury, Nobel’s, Peter Brzezinski, , ” Brzezinski, John Jumper, AlphaFold, Lasker, Pendlebury, Emmanuelle Charpentier, Jennifer Doudna, it’s, Carolyn Bertozzi, Andrea Ghez, Naomi Oreskes, Henry Charles Lea, ” Rees Organizations: CNN, Royal Society, Getty, Clarivate’s Institute for Scientific, Nobel Foundation, Academy, Google, Harvard University Locations: Swedish, AFP, Stockholm
Look a little closer and you see how long he's been with the telecom giant: 50 years and two months. Turner, who goes by Kip, has far outlasted most of us in how long he's stayed with the same company. Government figures from 2022 show that the median time US workers have been with their current employer is 4.1 years. And I think people may be afraid to do that — that they think you're unhappy. For example, he's traveled around the country to complete technical training, which has helped him keep pace with the technology.
Persons: Paul, Kip, Turner, , Paul Turner, I've, they're, that's, It's, it'll, kiddos —, Clinton's, Kip Turner, He's, I'm, he's Organizations: Service, Bell Telephone Locations: Conway , Arkansas, Faulkner County , Arkansas, Little Rock , Arkansas, Hickory Ridge , Arkansas
81st Street Studio, a Garden of Artful Delight
  + stars: | 2023-09-07 | by ( Laurel Graeber | ) www.nytimes.com   time to read: +1 min
But maybe most intriguing are two round screens, each featuring a blinking, animated eye. When a child approaches a screen, the eye shuts, and images from the Met’s collection take its place. The other eye screen, at toddler level, reveals images from modern video art. By turning dials, visitors can change variables like shadow, color, angle and distance and see how they affect the objects pictured. Art and science intersect again in the music station, whose instruments might seem more appropriate for Dr. Seuss than for a symphony.
Persons: , Nina Callaway, we’re, ” Holder, Seuss, Kip Washio Organizations: Yamaha
By Saturday, more than 35,000 residents were under an evacuation order and another 30,000 were under an evacuation alert. Ministers and government officials urged residents living in evacuation order zones to take immediate action, in the interest of their own lives and that of the firefighters. British Columbia Premier Daniel Eby also imposed a ban on non-essential travel on Saturday, in order to free-up accommodation for evacuees and firefighters. Forest fires are not uncommon in Canada, but the spread of blazes and disruptions underscore the severity of its worst wildfire season yet. The fires have drained local resources and drawn in federal government assistance as well as support from 13 countries.
Persons: Columbia Premier Daniel Eby, Krista Flesjer, Kip Lumquist, Denny Thomas, Kim Coghill Organizations: U.S ., U.S . Pacific Northwest, Ministers, Columbia Premier, Authorities, Government, REUTERS Acquire, Thomson Locations: British Columbia, Kelowna, Vancouver, U.S, U.S . Pacific, Canada, New York, U.S . East Coast, Squilax, Yellowknife, Northwest Territories, Chase, Hope, Lytton, Craigellachie
Summary British Columbia declares state of emergency after wildfiresFlames have led to evacuation orders for more than 35,000 peopleAQI of some British Columbia cities at 'hazardous' levelsREVELSTOKE, British Columbia, Aug 20 (Reuters) - Canada is sending the military to tackle fast-spreading wildfires in British Columbia, Prime Minister Justin Trudeau said on Sunday, as the western province deals with flames that have led to evacuation orders for more than 35,000 people. In some cities in British Columbia, the air quality index (AQI), which measures major pollutants including particulate matter produced by fires, was above 350, a "hazardous" level, IQAir, a real-time air quality information platform showed. West Kelowna fire chief Jason Brolund said he saw some hope after battling "epic" fires for the past four days. Since 2009, Canada has been spending more on fighting and suppressing wildfires than on maintaining its firefighting personnel and program. In British Columbia, the TransCanada highway was closed near Chase, about 400 km (250 miles) northeast of Vancouver.
Persons: Justin Trudeau, Jason Brolund, that's, Brolund, Trudeau, Krista Flesjer, Kip Lumquist, Lumquist, Nia Williams, Dan Whitcomb, Nilutpal, Denny Thomas, Mark Porter, Matthew Lewis, Lisa Shumaker, Gerry Doyle, Raju Gopalakrishnan Organizations: Columbia, Flames, British Columbia, Kelowna College, ., Canadian Broadcasting Corp, Reuters, U.S ., Canadian, REUTERS Acquire, Government, Thomson Locations: Columbia, REVELSTOKE, British Columbia, Canada, British, Kelowna, U.S, U.S . Pacific Northwest, Washington, Oregon, Squilax, Kamloops, New York, U.S . East Coast, Yellowknife, Northwest Territories, Chase, Vancouver, Craigellachie, Los Angeles, Bengaluru
Christopher Nolan's new film 'Oppenheimer' features complex science. Science advisors on his latest film, "Oppenheimer," told Insider that's because he teaches himself the science before he even sits down to write. Thorne, who attended lectures by the real J. Robert Oppenheimer while studying at Princeton, has first-hand knowledge about Oppenheimer the man, not just his science. So he said that he clarified and expanded on some of the interactions these famous men would have had with one another for Nolan's film. Oppenheimer was an expert in quantum physics, and was responsible for bringing the discipline to the US, Thorne said.
Persons: Christopher Nolan's, Oppenheimer, Nolan, Christopher Nolan, Tenet, he's, Kip Thorne, Thorne, Robert Oppenheimer, it's, David Saltzberg, Saltzberg, Prefacing he's Organizations: Service, Princeton, UCLA, Trinity Locations: Wall, Silicon
One of the problems researchers have pointed out is people are desensitized to warning labels because they seem to be everywhere. In December 2022, a federal judge ruled that the U.S. Food and Drug Administration cannot require tobacco companies to put graphic warning labels on cigarettes. When it comes to making sure people are using products safely, consumer protection advocates say warning labels should be a last resort. "And that's the problem with just relying on warning labels. Watch the video above to learn more about why warning labels aren't working and what we can do about it.
Persons: Kip Viscusi, Viscusi, Oriene Shin, that's, Shin Organizations: Vanderbilt University, U.S . Food, Drug, Consumer Locations: U.S
Cillian Murphy plays the "father of the atomic bomb", J. Robert Oppenheimer, in the new film. Science advisors said Murphy asked questions about the theories to accurately portray his character. For his part, Thorne met Murphy virtually and talked with him about scientific theory broadly, and Oppenheimer the man, whom Thorne studied under at Princeton, personally. Saltzberg met Murphy while working with production designers to draft the equations written on the chalkboards throughout the movie. For his role as a physicist in the 2007 movie "Sunshine", Murphy met with scientists at CERN to prepare for the role.
Persons: Cillian Murphy, Robert Oppenheimer, Murphy, Oppenheimer, Kip Thorne, David Saltzberg, Thorne, Saltzberg, Murphy didn't, he's Organizations: Service, UCLA, Princeton, CERN, Guardian, Demand Entertainment Locations: Wall, Silicon, Hollywood
J. Robert Oppenheimer was an immensely complex figure, and the movie's based on a biography of him. Fact: Oppenheimer mocked Strauss about isotopesJ. Robert Oppenheimer testifies before the Senate in October 1945. Fact: A big thunderstorm delayed the Trinity TestOppenheimer (Cillian Murphy) stands next to the test bomb in "Oppenheimer." If it weren't for the atomic bomb, Oppenheimer would likely be best known for bolstering theoretical physics at the University of California, Berkeley. Fiction: Oppenheimer consulted Einstein about Teller's calculations(L-R) Tom Conti as Albert Einstein and Cillian Murphy as J. Robert Oppenheimer in "Oppenheimer."
Persons: Christopher Nolan's, Oppenheimer, Robert Oppenheimer, J, Alex Wellerstein, Kai Bird, Martin Sherwin, Wellerstein, Niels Bohr wasn't, Patrick Blackett, Bird, Sherwin, Blackett, Niels Bohr, Ernest Rutherford, Bohr, Oppenheimer's, Cillian Murphy, Abraham Pais, Baudelaire, e.e, cummings, who's, Haakon Chevalier, Peter, Peter Oppenheimer, Kitty, Haakon, Barbara Chevalier, Robert, Perro, Werner Heisenberg, peppering Bohr, Heisenberg, Strauss, David Hill, Lewis Strauss, Dwight D, David Inglis, Inglis, I've, Arthur Compton, Trinity Test Oppenheimer, Jack Hubbard, Leslie Groves, Hubbard, Feynman, Richard Feynman, I'm, Groves, Robert Serber, David Bohm, Philip Morrison, Willis Lamb, Hitler, Hartland Snyder, Kip Thorne, John Wheeler, Roger Penrose, Penrose, Murphy, Trinity, there's, , Karl T, Compton, Stimson, Henry Stimson, that's, Harry Truman, Wallenstein, Einstein, Tom Conti, Albert Einstein, Melinda Sue Gordon, Edward Teller, Hans Bethe, Enrico Fermi, Bethe, Roger Robb, He's, Teller, Stanislaw Ulam, Gordon Dean, Charlotte Serber, Charlotte Serber's, she's, Serber Organizations: Service, Manhattan Project's Los Alamos Laboratory, Stevens Institute of Technology, Cambridge, Eisenhower's, Federation of American Scientists, Time, Atomic Energy Committee, Trinity Test, Trinity, Los, University of California, Clovis, National Security Research, Manhattan Project . National Security Research, FBI Locations: Wall, Silicon, England, Leiden, Holland, New Mexico, Perro Caliente, Los Pinos , New Mexico, Germany, Nazi, Denmark, Sweden, Los Alamos, Europe, Berkeley, Poland, Amarillo , Texas, Japan, Kyoto, Alamos
Those ripples are probably the distant thunder of countless collisions between supermassive black holes, throughout space and time. He predicted that the intense gravity of extremely massive objects, like black holes, warps the fabric of space-time. The NSF funded the 15-year experiment, which is called the North American Nanohertz Observatory for Gravitational Waves (NANOGrav). Supermassive black holes are thought to exist at the center of every galaxy. Her lab runs computer models of merging supermassive black holes to predict how they behave and what signals they send out into space.
Persons: , Albert Einstein's, Aurore, Sean Jones, Manuela Campanelli, NASA's James Webb, Noll, Kip Thorne, NASA Goddard Thorne, NANOGrav, LIGO, Stephen Taylor, Lorenzo Ennoggi Organizations: Service, Sciences, National Science Foundation, NSF, American Nanohertz, Rochester Institute of Technology, NASA's James Webb Space, Hubble, Telescope, NASA, ESA, Hubble Heritage Locations: Louisiana, Washington, Europe, India, Australia, China
CNN —After playing Shiv Roy in “Succession,” the critically acclaimed TV series that satirically portrayed the uber-rich but morally bankrupt Roy family grappling for control of a media empire, Sarah Snook will star in another production that skewers society. She will play all 26 roles in the “The Picture of Dorian Gray,” which will run for 12 weeks at London’s Theatre Royal Haymarket from January 2024. Directed by Kip Williams, the artistic director of the Sydney Theatre Company, the play will combine live performance and video “in an astonishing collision of form,” Theatre Royal Haymarket said. “I am elated to return to the London stage in such an astonishing piece of theatre,” Snook said, according to theater site WhatsOnStage. Snook’s “Succession” on screen parents are also returning to the London stage.
Persons: Shiv Roy, satirically, Roy, Sarah Snook, Dorian Gray, Kip Williams, Oscar Wilde’s, , ” Snook, Kip Williams ’, Williams, Eryn Jean Norvill, ” Sarah Snook, Matthew Macfadyen, Tom Wambsgans, Claudette Barius, Henrik Ibsen’s “, Ralph Fiennes, Snook’s, Brian Cox, Logan Roy, Eugene O’Neill’s Pulitzer, Harriet Walter, Caroline Collingwood, Alba ” Organizations: CNN, London’s Theatre Royal Haymarket, Sydney Theatre Company, , Royal, London, Guardian, Old Vic Theatre Locations: , Sydney, London
Such so-called secondary trades are an imperfect gauge of a company's value; their volume is thin and they lack the wider market consensus of a fundraising round or initial public offering (IPO). About 85% of pre-IPO companies are currently valued in secondary trades at an average discount of 47% to their last funding round, according to data provider Caplight. In Neuralink's last known fundraising in 2021, it raised $205 million at an approximately $2 billion valuation, according to data provider Pitchbook. The maximum amount sought for the Neuralink shares marketed for sale at a $7 billion valuation was just $500,000, according to the email seen by Reuters. Sim Desai, chief executive of Hiive, an online platform where the shares are traded, said demand for Neuralink stock has been "tremendous."
Persons: Elon, Kip Ludwig, Musk, Neuralink, Sim Desai, Arun Sridhar, Sridhar, Galvani Organizations: U.S . National Institutes of Health, Reuters, U.S . Food, GSK Plc, Sciences Locations: Neuralink's, U.S
Neuralink's valuation jump in secondary trades is in sharp contrast to other startups. About 85% of pre-IPO companies are currently valued in secondary trades at an average discount of 47% to their last funding round, according to data provider Caplight. The maximum amount sought for the Neuralink shares marketed for sale at a $7 billion valuation was just $500,000, according to the email seen by Reuters. Sim Desai, chief executive of Hiive, an online platform where the shares are traded, said demand for Neuralink stock has been "tremendous." Neuralink stock that some of the employees hold has jumped around 150% in value in just two years, based on the secondary trades.
Persons: Elon, Kip Ludwig, Musk, Neuralink, Sim Desai, Arun Sridhar, Sridhar, Galvani, Rachael Levy, Marissa Taylor, Krystal Hu, Greg Roumeliotis, David Gregorio Our Organizations: U.S . National Institutes of Health, Reuters, U.S . Food, GSK Plc, Sciences, FDA, U.S . Department of Agriculture, Department of Transportation, Thomson Locations: Neuralink's, U.S, Washington ,, New York
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