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New research based on the findings, published in several papers Wednesday in Nature and its sister journals, represents a “leap in understanding of the human body,” according to the Human Cell Atlas consortium. Regev compared scientific knowledge of cell biology before the Human Cell Atlas initiative with a “15th century map.”“Now, years later, the resolution of the map is a lot higher,” she said. The cell atlas aims to fill in a missing link between genes, diseases and treatment therapies. During the Covid-19 pandemic, the Human Cell Atlas community used the available data to reveal that the nose, eyes and mouth were most vulnerable to infection. “It was only clear through the Human Cell Atlas data that those cells were … entry points before the virus continued into the internal organs.
Persons: , , Aviv, Daniel Montoro “, we’ve, Regev, , Sarah Teichmann, Ken, Blain, Robert Hooke, ” Teichmann, Jeremy Farrar, ” Farrar Organizations: CNN, Human Cell Atlas, Genome, Cell, Google, Human, Human Cell, Cambridge Stem Cell, UK’s University of Cambridge, Wellcome Sanger Institute, Institut, la Vision, HCL, Lyon, World Health Organization Locations: Nature, Genentech, South San Francisco , California, Cambridge, England, Paris, Lyon English
CNN —Cambridge Dictionary has put it out to the universe, naming “manifest” as its word of the year for 2024. “That in a way is setting that idea, that intention in the back of my mind,” she added. Taken from Latin and French, in English the word “manifest” originally meant “easily noticed or obvious” before it started to be used as a verb meaning “to show something clearly.”In the early 20th century it started to be used to mean “to make something happen by internalizing it, intentionally or unintentionally,” according to Cambridge Dictionary. “In 2024, the word manifest jumped from being mainly used in the self-help community and on social media to being mentioned widely across mainstream media,” it wrote. Earlier this month, Collins Dictionary named “brat” its word of the year, defining it as someone “characterized by a confident, independent, and hedonistic attitude.”
Persons: Dua, Lipa, , ’ ” Lipa, Simone Biles, , Wendalyn Nichols, Nichols, Charli, Collins Organizations: CNN, Cambridge, Glastonbury, Cambridge Dictionary Locations: Glastonbury, , lookups
Mark Zuckerberg played it safe this election — deemphasizing politics on Meta's platforms. In the elections of 2016 and 2020, Facebook came under intense scrutiny. In 2024, Zuckerberg and Meta played it safe by trying to stay as far away from the election as possible. It was part of the rhetoric from Trump grumbling about the 2020 election outcome. After the assassination attempt on Trump in July, Zuckerberg referred to Trump as looking "badass."
Persons: Mark Zuckerberg, Donald Trump, Zuckerberg, that's, , Meta, there's, Zuckerberg's, Elon Musk, Trump, he's, — Zuckerberg, Jeff Bezos Organizations: Meta, Big Tech, Service, Facebook, Cambridge, Trump, Trump grumbling
The only approved treatments for Alzheimer’s disease are medications with limited effectiveness and a risk of severe, sometimes deadly, side effects. Researchers found that when the device was aimed at the right spot in the brain, it could slow the development of symptoms, such as memory loss, compared to an inactive treatment. In Alzheimer’s, nerve cells in the brain at some point start to dysfunction, leading to the debilitating symptoms of memory loss. What’s more, during the yearlong TMS trial, participants receiving the experimental treatment showed little decline in their abilities to perform the activities of daily living. Sinaptica’s weekly brain stimulation therapy is intended to strengthen connections in areas of the brain that control memory.
Persons: Giacomo Koch, ” Koch, Koch, Irina Skylar, Scott, , , Lawrence Honig, Honig, Ryan Darby, Darby Organizations: University of Ferrara, Sinaptica, NBC News, TMS, Alzheimer’s Association, Food and Drug Administration, Stanford University’s Center, Memory Disorders, Columbia University Irving Medical Center, Vanderbilt University Medical Center Locations: Madrid, Cambridge , Massachusetts, U.S
But while she was in the hospital, Becky contracted a bone infection that would ultimately require nine arm operations. “I wish I’d make less money so that I can get more benefits, because I’m actually more in debt now.”The challenge of a high deductibleOf all the reasons a family can face medical debt from childbirth, high deductibles are among the most common. “Many workers used to have zero-deductible health care plans, but that’s less true today. “I’m never going to pay off all of our debt, so add on the hospital debt to it. But other changes, like getting rid of deductibles altogether or even instituting universal health care, feel impractical, if not impossible.
Persons: Jessica, , ” Lauren Crocks, SUI, Becky Munge, Jovie, Becky, Cole, Gavin, Ava, Becky Munge Jovie, ” Becky, “ We’re, we’re, I’m, , Adam Gaffney, Wesley Bruce, Ashley Perez’s, Ashley Perez, Ashley Perez Bruce, Perez, ’ ” Perez, “ I’m, they'd, ” Nick Olson, Sanford Health’s, Becker Organizations: Health, SIU, NBC News, Medicaid, Health Care Cost, D.C, Children’s Health, Mayo Clinic, of Illinois, Cambridge Health Alliance, Sanford Health, NBC Locations: Washington, Morton , Illinois, Rochester , Minnesota, Massachusetts
AI mostly outperformed human executives in an experiment by University of Cambridge researchers. But AI wasn't as good at making decisions in unexpected "black swan" events. That led to AI getting fired by a virtual board of directors more quickly than humans. Because of that, AI got fired more quickly by a virtual board of directors than its human counterparts, which navigated unexpected situations better. When a "black swan" event occurred, the bot couldn't address it as quickly — or as well — as the human executives and students.
Persons: , Hamza Mudassir, Mudassir, LLMs Organizations: University of Cambridge, Service, Cambridge, Harvard Business Locations: Cambridge, OpenAI
Soon, Daily Harvest had narrowed its internal investigation to a new ingredient used for its high-protein content: tara flour. Tara flour is one of two products made from the seed pods of a thorny shrub native to Peru. The pods of the tara plant are used to make tara gum and tara flour. As some consumers had discovered, tara flour was not safe, the FDA decreed in May 2024 — nearly two years after the ingredient sickened hundreds. During that time, however, other manufacturers could have used the now-“unapproved food additive.”“This incident shows how broken our food regulatory system is.
Persons: Gwyneth Paltrow, Serena Williams, “ I’ve, ” Cory Silverstein, Silverstein, Luke Wesley Pearson, tara, we’ve, Rachel Drori, GRAS, , It’s, , Pieter Cohen, Cohen, , Tara, Tragically, Alexi Giannoulias, Sarah Gallo, “ GRAS, ” Gallo, Sarah Silbiger, Melanie Benesh, BVO, Giannoulias, Benesh, ” Benesh, Jim Jones, ” Jones, Thomas Galligan Organizations: CNN, Leek Crumbles, Harvest, CNN Business, Food and Drug Administration, FDA, Daily Harvest, Daily, Cambridge Health Alliance, The New England, of Medicine, Consumer Brands Association, Office, Natural Resources Defense Council, Environmental, Industry, Union, Illinois Food Safety, Illinois Senate, Getty, European Union, Human Foods, Center for Science, Locations: Peru, United States, Somerville , Massachusetts, The, California, Illinois, Jena
Stocks with smaller market capitalizations are set to reap the benefits from the start of the Federal Reserve's latest rate-cutting campaign. Sarepta's total debt is more than one-and-a-half times bigger than its total equity. Civitas' total debt recently stood at about 79% of total equity. Chart's total debt currently eclipses its total equity by 1.4 times. "GTLS's core portfolio is comprised of natural gas, energy transition and renewables applications, where our outlook remains constructive," wrote analyst Devin McDermott.
Persons: Russell, Gavin Clark, Gartner, Clark, Zach Parham, Parham, Morgan Stanley, Devin McDermott Organizations: Dow Jones Industrial, Nasdaq, CNBC, Sarepta Therapeutics, ISI, Civitas Resources, Wednesday, JPMorgan, Civitas, Industries Locations: U.S, Cambridge, Sarepta, Friday's
Surveys indicate that health care is among the top priorities for voters in the November presidential election. Former President Donald Trump has given little detail about his health care vision; his running mate, JD Vance, has suggested deregulation. Each country was graded on five categories: access to care, care process, administrative efficiency, equity and health outcomes. “For far too many people, high-quality medical care is out of reach.”Dr. Adam Gaffney, a critical care physician at the Cambridge Health Alliance in Massachusetts, pointed out that the U.S. differs from the other countries in one critical area: universal health care coverage. Thursday’s report also listed solutions to the country’s health care problems, including lowering the cost of care and expanding access to coverage.
Persons: Kamala Harris, Donald Trump, JD Vance, ” Dr, Joseph Betancourt, David Blumenthal, , , ” Blumenthal, Lawrence Gostin, Gostin, ” Gostin, Dr, Adam Gaffney, ” Gaffney, Reginald Williams II Organizations: U.S, Commonwealth Fund, Affordable, Australia, New, Centers for Disease Control, O’Neill Institute for National, Global Health Law, Georgetown University, United, Cambridge Health Alliance, Fund, International Health Locations: U.S, United States, Australia, Canada, France, Germany, Netherlands, New Zealand, Sweden, Switzerland, United Kingdom, Massachusetts
Mark Zuckerberg reveals his '20-year mistake'
  + stars: | 2024-09-13 | by ( Sarah Jackson | ) www.businessinsider.com   time to read: +4 min
Read previewMark Zuckerberg is opening up about one of his biggest regrets from his two decades of running Facebook, now Meta. But Zuckerberg, with some newfound swagger and a new T-shirt he designed, kicked things off by saying he was done apologizing, TechCrunch reported. "And my guess is if the IPO was a year-and-a-half mistake, I think that the political miscalculation was a 20-year mistake." "Still not my best thing, but getting a bit more comfortable just being me as I get older." As the Facebook cofounder enters his 40s and reflects on his decades at the helm of Facebook, one thing is increasingly clear: Zuckerberg is in his unapologetic era.
Persons: , Zuckerberg, wasn't, Casey, hasn't, Meta, Newton, — Zuckerberg, GOP Sen, Josh Hawley, He's, Elon Musk Organizations: Service, Chase Center, TechCrunch, Business, Facebook, Meta, GOP, Elon Locations: San Francisco, Newton, Myanmar, Cambridge
The next highest level was found in cinnamon powder from EGN (2.91 ppm), followed by Mimi’s Products ground cinnamon (2.03 ppm), ShopRite Bowl & Basket ground cinnamon (1.82 ppm), Rani Brand ground cinnamon (1.39 ppm), Zara Foods cinnamon powder (1.27 ppm), Three Rivers cinnamon stick powder (1.26 ppm), Yu Yee Brand five spice powder (1.25 ppm), BaiLiFeng five spice powder (1.15 ppm), Spicy King five spices powder (1.05 ppm), Badia cinnamon powder (1.03 ppm) and Deep cinnamon powder (1.02 ppm). told CNN via email that the company’s ground cinnamon products comply with all federal and international law. These include ground cinnamon and organic ground cinnamon sold by 365 Whole Foods Market, which contained 0.12 ppm and 0.02 ppm of lead, respectively. Morton & Bassett San Francisco 100% organic ground cinnamon, Loisa organic cinnamon and Sadaf cinnamon powder tested at 0.04 ppm of lead. The latest, published in August, listed 10 different cinnamon products with levels as high as 3.93 ppm of lead.
Persons: Paras, Rani, Yu Yee, EGN, Mimi’s, Nuria Lambert, Karen O’Shea, Alina Lasta, ” Guitar, Bassett, James Rogers, ” Rogers, Rogers, , Dr.Pieter Cohen, Cohen, we’re, ” Cohen, Courtney Rhodes, Rhodes Organizations: CNN, Consumer Reports, Mimi’s, ShopRite, Consumer, Mimi’s Products, Wakefern Food Corp, Badia Spices, FDA, American Spice Trade Association, World Health Organization, Food and Agriculture Organization, United, New York State Department of Health, US Environmental Protection Agency, WHO, Morton, Bassett San, WanaBana, Weis, Food and Drug Administration, Cambridge Health Alliance, Biden, Food Locations: Zara, Badia, United Nations, New York, Connecticut , New Jersey, Bassett San Francisco, Ecuador, Schnucks, Somerville , Massachusetts
Concerns about the use of cryptocurrencies for illegal activity resulted in an effective ban on crypto mining and transactions. After a massive public outcry at the end of 2021, mining companies in Kazakhstan were effectively cut off from the grid. Today, the US makes up about 40% of the global hashrate — up from 17% during China's 2021 peak — making America the biggest hub for bitcoin mining. However, in recent years, bitcoin mining has become increasingly concentrated in the hands of a small number of private companies. Given how much energy bitcoin mining consumes, it's worth questioning whether its presence in the US is really worth the trade-off.
Persons: Xi Jinping, Zoe Liu, hasn't, pushback, haven't, Jeremy Fisher, Fisher, Gladys Anderson, Kelley Sayre, Stephanie Marsh, Marsh, Gavin Newsom, would've, Donald Trump, Trump, Satoshi Nakamoto, Saifedean Ammous, Cheyanne Diehl, wasn't, Biden, Joe Biden, Liu Pengyu, America Organizations: Council, Foreign Relations, Mining, Cambridge, Goodyear, Sierra, Environmental, New York Times, Tech, Gov, Securities and Exchange Commission, July's Bitcoin, SEC, National Bureau of Economic Research, Inc, Nasdaq, Embassy, EV, Sierra Club, City Council, Digital Locations: China, Kazakhstan, America, Utah, West Virginia, Akron , Ohio, Rockdale , Texas, Murphy , North Carolina, Massillon , Ohio, Bono , Arkansas, Vilonia , Arkansas, Akron, California, Nashville, Massillon, Ohio, Chinese, Massillon's City, In Arkansas, Wyoming, Washington, Harrison , Arkansas
Harris hasn’t yet released many details about her strategy to wipe out medical debt, but policy experts say a newly implemented medical debt relief program from North Carolina could offer a roadmap. Roy Cooper announced that nearly 100 hospitals in the state had signed on to participate in the Medical Debt Relief Incentive Program, which he said will incentivize hospitals to eliminate $4 billion in medical debt for 2 million low- and middle-income patients over the next two years. At a campaign event last week in Raleigh, North Carolina, Harris thanked Cooper for canceling medical debt in his state, and Cooper introduced Harris at the convention Thursday. Hospitals will get additional federal funds if they forgive existing debt and move to prevent future medical debt. “I see medical debt as the most salient example of a health care system which isn’t working,” he said.
Persons: Kamala Harris, Harris, Harris hasn’t, Roy Cooper, Cooper, Neale Mahoney, , ” Mahoney, , Adam Gaffney, Larry Levitt, Levitt, , Mahoney, Harris ’, ” Levitt, Will, aren’t, Ciara Zachary, Zachary, it’s, Barack Obama, ” Zachary Organizations: Democratic, Convention, North Carolina Gov, Debt Relief, Stanford University, White, National Economic Council, Cambridge Health Alliance, Consumer Financial, White House, North Carolina Department of Health, Human Services, Medicaid, UNC Gillings School of Global Public Health, Medicare, Services, Republican, Affordable Locations: United States, Chicago, U.S, KFF, North Carolina, Raleigh , North Carolina, “ North Carolina, Massachusetts,
The Mankato West Scarlets, who had started the 1999 high school football season with a miserable record of 2-4, had improbably swaggered into a state championship game. Their defense, though, would first have to repel the Cambridge-Isanti Bluejackets, who were from north of Minneapolis and trailed by a single touchdown. But inside the 10-yard line, a Scarlet defender intercepted the ball, effectively clinching a 35-28 victory and Mankato West’s first championship. A coach lifted Tim Walz, then the defensive coordinator and now the Democratic candidate for vice president, skyward. In Mr. Walz’s telling, the victory also eventually proved a launchpad for politics.
Persons: Minneapolis’s, Isanti Bluejackets, Tim Walz, Walz’s Organizations: Minneapolis’s Metrodome, Mankato West Scarlets, Mankato West’s, Democratic, skyward Locations: Cambridge, Minneapolis
(Photo by Alberto PIZZOLI / AFP) (Photo by ALBERTO PIZZOLI/AFP via Getty Images)Dolce and Gabbana's luxury perfume for dogs — costing over $100 — has sparked concerns from some animal welfare organizations. The Italian fashion house's alcohol-free fragrance mist for dogs, which costs £83 ($105) on its U.K. website, is inspired by Fefé, the pet dog of brand-owner Domenico Dolce. However, the fragrance has drawn some concern from animal welfare organizations and experts who warn that perfumes can interfere with a dog's sense of smell. Oils such as ylang ylang which is included in Fefé, can also have a positive effect, he said. RSPCA's Potter also noted that some "lightly-scented products," which do not use aversive scents or interfere with a dog's sense of smell, can have a calming effect.
Persons: Domenico Dolce's, Alberto PIZZOLI, ALBERTO PIZZOLI, , Fefé, Domenico Dolce, Ylang, Gabbana, Alice Potter, Donald Maurice Broom, Broom, RSPCA's Potter, we'd, Potter, Dolce Organizations: Dolce, Gabbana, Getty, RSPCA, Cambridge Veterinary School Locations: Rome, AFP, Fefé
Eugenicists used photographs and IQ tests to determine which people were "inferior," and sterilized those who didn't measure up — which usually turned out to be anyone who wasn't white and rich. Before he worked with photographs, Kosinski was interested in Facebook. It's just picking up on the way gay people present themselves on dating sites — which, not surprisingly, is often very different from the way straight people present themselves to potential partners. Kosinski thinks AI's ability to make the kind of personality judgments he studies will only get better. That is the future Kosinski fears — even as he continues to tinker with the very models that prove it will come to pass.
Persons: Michal Kosinski, Kosinski, I'm, they'd, isn't, Oppenheimer, David Stillwell, Stillwell, aren't, Brian Stauffer, Aleksandr Kogan, Donald Trump, , Kosinski isn't, MAGA, Bernie bros, Alexander Todorov, It's, they've, — Francis Galton, Ronald Fisher, Karl Pearson —, Aubrey Clayton, Hitler, Trump, They're, Adam Rogers Organizations: Stanford University, Kosinski, Facebook, Cambridge, Cambridge Psychometrics, National Academy of Sciences, Psychometrics, BI, intuit, Guardian, Rights, GLAAD, Stanford, HRC, University of Chicago, US Supreme, tinker, Business Locations: California, Stanford, Kosinski, Russia
Read previewI've traveled around the world, but even after a dozen visits, Paris remains my favorite city. The Eiffel Tower is iconic, but the view from the Montparnasse Tower is equally stunningThe Montparnasse Tower offers panoramic views of Paris. AdvertisementBut if I were looking for Instagrammable views of Paris' most famous landmark, I'd head to the Montparnasse neighborhood. The rooftop terrace atop Paris' only skyscraper, Montparnasse Tower, has 360-degree city views and tons of space to spread out. It's scheduled to open later this year, and it's a must-see if you're visiting Paris for the first time.
Persons: , I've, shomos uddin, Mona Lisa, Musée, Venus de Milo, Napoleon, Monet, Manet, Renoir, Les Catacombes, Miguel Sánchez Villafán, Jim Morrison's, I'd, Les, you've, Le, Le Mary Celeste, It's, Breizh Café, Kelly Magyarics Organizations: Service, Business, Eiffel, Gare d'Orsay, Cambridge Public House, Paris, Notre, Dame, Dame Cathedral, pes, Bretagne Locations: Paris, Montparnasse, d'Orsay, Musée d'Orsay, Gare, Père Lachaise, Le Marais, La, Montmartre, Brittany, France
New York CNN —With Vice President Kamala Harris the front runner to receive the Democratic Party’s nomination for president, America’s most powerful industry is set to have a candidate on the ballot from its home turf. Harris’ failed 2020 presidential bid received support from various tech luminaries, including Salesforce CEO Marc Benioff and legendary venture capitalist Ron Conway. Despite her friendly relationships with the industry’s leaders, Harris has also pushed for tech accountability in key areas. As vice president, Harris has taken a key role in the White House around establishing safety measures for artificial intelligence, which is widely viewed as the most consequential new technology in decades. In an interview with CNN, Hoffman added: “In Silicon Valley, actually there’s many threads that are very excited about her.
Persons: Kamala Harris, Harris, Sheryl Sandberg, Reed Hastings, Melinda French Gates, Donald Trump’s, Elon Musk, “ There’s, Biden, ” Aaron Levie, , ” Harris, Sean Parker, she’s, Steve Jobs ’, Laurene Powell Jobs, Harris ’, Marc Benioff, Ron Conway, Mark Zuckerberg, ” Jeffrey Sonnenfeld, Trump Harris, Trump, ” Sonnenfeld, I’ve, didn’t, ” Levie, “ Kamala Harris, Reid Hoffman, Hoffman, , – CNN’s Matt Egan Organizations: New, New York CNN —, Democratic, Bay Area, Netflix, White, CNN, Cambridge, OpenAI, Google, Microsoft, Yale School of Management, Trump Locations: New York, Oakland , California, California, White, Silicon Valley, Silicon
AdvertisementThe Thiel effectFor Vance, Thiel's influence first left its mark when he was still a student. Thiel also got a shoutout on the acknowledgments page of Vance's 2016 book, "Hillbilly Elegy." The former PayPal CEO has given $15 million to Vance's campaign, Politico reported — the largest donation ever given to one Senate candidate. AdvertisementOne of Trump's biggest donors in the 2016 presidential campaign, Thiel has re-emerged as a key player in the MAGA movement after largely sitting out the 2020 election. Thiel also appears to have pulled some of his Silicon Valley strings to advance Vance's campaign.
Persons: , JD Vance, Peter Thiel, Vance, Donald Trump, Thiel, Palantir, Elon Musk, Thiel's, meaninglessness, Tolkien, Steve Case, Trumper, Win McNamee, MAGA, Trump, David Sacks, Musk, Sacks, Tucker Carlson, Nordin Catic, Mark Zuckerberg Organizations: Service, Republican National Convention, Republican, White, Business, PayPal, Trump, Bloomberg, Yale, Yale Law School, Thiel's, Mithril, Narya, Politico, Republican Party, Fox News, Cambridge University Union, Facebook, Palantir Technologies, Spotify Locations: Milwaukee, Ohio, Mithril, Mar, Cambridge, England, Airbnb
London CNN —Investors are snapping up the shares of a British maker of tiny computers after it went public on the London Stock Exchange Tuesday. Raspberry Pi stock soared as much as 40% in early trade before paring those gains slightly by 11.54 a.m. The Cambridge-based company started life in 2012 as a commercial subsidiary of the Raspberry Pi Foundation, a charity founded four years earlier to promote computer science in schools. To date, Raspberry Pi has sold more than 60 million computers worldwide, according to its website. Raspberry Pi plans to invest the funds raised in developing its products and expanding its educational activities.
Persons: Pi, Eben Upton, “ It’s, ” Russ Mould, AJ Bell, haven’t, Organizations: London CNN —, London Stock Exchange, Pi, Pi Foundation, Industrial, University of Cambridge, Nasdaq, Cambridge University, Sony, SONY, CNN Locations: British, Cambridge, New York, London
British tech pioneer Mike Lynch acquitted at U.S. fraud trial
  + stars: | 2024-06-06 | by ( ) www.cnbc.com   time to read: +3 min
Mike Lynch, former chief executive officer of Autonomy, arrives at federal court in San Francisco, California, US, on Monday, March 18, 2024. Representatives for Lynch and U.S. prosecutors said Lynch was acquitted on all 15 charges — one count of conspiracy, and 14 counts of wire fraud, each connected to specific transactions or communications. Former Autonomy finance executive Stephen Chamberlain, who faced the same charges at trial alongside Lynch, was also acquitted on all counts, the Lynch representative said. The trial where prosecutors said Lynch and Chamberlain schemed to inflate Autonomy's revenue was the latest chapter in a legal saga stemming from the failed deal. Lynch was one of the UK's leading tech entrepreneurs, drawing comparisons to Apple cofounder Steve Jobs and Microsoft cofounder Bill Gates.
Persons: Mike Lynch, Lynch, Stephen Chamberlain, Chamberlain schemed, Leo Apotheker, Prosecutors, Chamberlain, Sushovan Hussain, Autonomy's, Hussain, Steve Jobs, Bill Gates Organizations: Autonomy, Hewlett, Packard, Former Autonomy, HP, Cambridge University, Cambridge Locations: San Francisco , California, San Francisco, U.S, British, London
It's so treacherous to summit Mount Everest that human remains are a common sight on its frigid mountainside. Among the frozen bodies are many ethnic Sherpas — an Indigenous people who make up the majority of Everest climbing guides. AdvertisementSherpa Tenzing Norgay and Edmund Hillary were the first to successfully summit Mount Everest in 1953. AdvertisementClimbing Mount Everest can be deadly, no matter who you are. Mountaineers line up during their ascent to summit Mount Everest in Nepal.
Persons: , Norgay, Edmund Hillary, Phurba Wangchhu, Sam Rashid, Rashid, it's, Andrew Murray, Geljen Sherpa, Rully Anwar, LAKPA SHERPA, Nachhiring Rai Organizations: Service, Everest, Business, University of Cambridge, Cambridge, NPR, International Federation of Mountain Guides Association, Nepal's Department of Tourism, World Bank, Mountaineers, Getty, Dawa Locations: Everest, Nepal, Kathmandu
This means there's a lag time when selling private shares, unlike stocks that can be sold within a millisecond of hitting a button. AdvertisementFinally, when a company goes public, there's a lock-up period. Depending on the platform the shares were purchased through, pre-IPO holders may still sell their shares to others within the platform, Endoso said. One example of a private AI company that recently went public in late March is Astera Labs (ALAB), which was trading near $69 as of Tuesday. 5 early-stage AI companiesAs for forward-looking AI investment opportunities with IPO prospects, Endoso pointed to five promising companies he's excited about.
Persons: , scurrying, Russell, It's, Joe Endoso, it's, Endoso, there's, Anthropic, Claude, Elon Musk Organizations: Service, Business, Venture, Cambridge Associates, Venture Capital, Securities and Exchange Commission, Astera Labs, Endoso, Bloomberg, Elon, Nvidia
Hundreds of students walked out of Harvard University’s commencement ceremony on Thursday morning as degrees were conferred, while hundreds chanted “Let them walk!”, a reference to 13 student protesters who were not allowed to graduate after a vote Wednesday by the Harvard Corporation, the university’s governing body. The walkout was a jarring reminder of continuing unrest on the Cambridge campus, on a day when more than 9,000 graduates and their families were gathered in Harvard Yard for celebration and reflection. At the start of the ceremony, the university’s interim president, Alan Garber — loudly booed by some in the crowd — acknowledged the turmoil, and the possibility that “some among us may choose to take the liberty of expressing themselves to draw attention to events unfolding in the wider world.”“This moment of joy coincides with moments of fear and dread, grief and anger, suffering and pain,” he said. “Elsewhere, people are experiencing the worst days of their lives.” He asked the crowd to observe a minute of silence.
Persons: Alan Garber —, , , Organizations: Harvard, Harvard Corporation, Cambridge, Harvard Yard
After a period of steady underperformance, investors should pick up shares of biotech Prime Medicine as regains the market's favor, according to Citi. Analyst Samantha Semenkow upgraded the preclinical-stage company to buy from neutral and kept her price target of $10 per share, which implies 47.9% potential upside from the stock's latest close. To be sure, Semenkow said she remains cautious on Prime's cash position and expects the Cambridge-based company to need to raise again in the next 12 to 18 months. Ongoing [business development] efforts could provide a source of non-dilutive cash and potential upside to her target price, she added. The company also had significantly more cash and cash equivalents on hand at the end of the previous quarter compared to the end of last year.
Persons: Samantha Semenkow, Semenkow Organizations: Prime Medicine, Citi, and Drug Administration, Cambridge, Research Locations: hematology
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