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☆ British author A.S. Byatt, who won Booker prize for 'Possession' dies aged 87
▼ + stars: | 2023-11-17 | by ( ) www.reuters.com time to read: +3 min

The Man Booker Prize shortlisted authors Adam Foulds (L), Hilary Mantel (2nd L), A S Byatt (2nd R) and Simon Mawer pose for photographers in London October 5, 2009. REUTERS/Toby Melville/File photo Acquire Licensing RightsLONDON, Nov 17 (Reuters) - Booker-prize winning British novelist Antonia Susan Byatt, known most commonly as A.S. Byatt, has died aged 87, her publisher said in a statement on Friday. Byatt, whose career spanned nearly 60 years, was best known for her 1990 novel "Possession: A Romance". Seven years later came her breakthrough with Possession, which became a bestseller and won the coveted Booker Prize for Fiction the same year. Byatt won a number of awards and titles including a CBE (Commander of the British Empire) and DBE (Dame of the British Empire).

Persons: Booker, Adam Foulds, Hilary, Simon Mawer, Toby Melville, Antonia Susan Byatt, Byatt, Margaret Drabble, Antonia, Charles, Gwyneth Paltrow, Harry Potter, JK Rowling, Mike Collett, White, Kylie MacLellan, Gareth Jones Organizations: REUTERS, Chatto & Windus, Penguin Random, Quaker, Cambridge, Oxford, Thomson Locations: London, British, English, Sheffield, York

☆ Opinion | College Is Undergoing a Revolution. It’s Happening Behind Bars.
▼ + stars: | 2023-11-17 | by ( Max Kenner | ) www.nytimes.com time to read: +3 min

If you’re confused about why Congress would remove education from departments of “correction,” you’re not alone. New York has an extraordinary, diverse network of partnerships that replicates the diversity of college across the state. And, inspired by Catholic mission, Holy Cross College and the University of Notre Dame, Boston College and Villanova have led the way in their red, blue and purple home states. Incarcerated students majoring in history or literature all write original senior theses that are typically 100 pages in length. Pell Grants, which average less than $4,500, never covered the cost even for modest programs.

Persons: Koch, Obama, Donald Trump, you’re, Pell Organizations: RAND Corporation ., College, Soros, Holy Cross College, University of Notre Dame, Boston College, Villanova, Bard, Union, Cambridge, Morehouse, Harvard, Columbia, Yale, Cornell, Georgetown Locations: North Carolina , Ohio, Texas, California, New Jersey, New York, N.Y.U, York

☆ Comets that bounce around the universe could be delivering the ingredients for life to alien planets
▼ + stars: | 2023-11-15 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +4 min

They could also have delivered similar building blocks of life to other planets. Scientists at Cambridge University propose that comets may "bounce" around the universe, carrying the essential ingredients to create life on alien worlds. They specifically looked at systems carrying rocky planets around low-mass stars — stars that are smaller than our sun. AdvertisementStill, Bonsor said the research suggests a low-mass planetary system is less likely to carry life than a system with a brighter star. "We're all super excited in the community about the fact that we can find habitable zone planets around low-mass stars.

Persons: —, Richard Anslow, it's, Amy Bonsor, Bonsor, she's Organizations: Service, Cambridge University, Cambridge's Institute of Astronomy, University of Cambridge, Royal Society

☆ Some fund managers see merit in China's deeply discounted stocks
▼ + stars: | 2023-11-14 | by ( Summer Zhen | ) www.reuters.com time to read: +5 min

U.S. asset manager Fidelity International is highlighting China's looser monetary policy and the government's recent 1 trillion yuan ($137.10 billion) borrowing-and-spending sovereign bond plan as a tailwind for the country's stock markets. London-based £3 billion fund manager Somerset Capital Management likewise finds China exciting. The stock market has yet to recover, but has stabilised. Morgan Stanley estimates long-only foreign investors now have their deepest underweight positions in China and Hong Kong equities in years. Chinese stocks could see a short-term sentiment pick-up given foreign funds have such light positions in the market, said Redmond Wong, Greater China market strategist at Saxo Markets.

Persons: Dado Ruvic, ”, Marty Dropkin, Mark Williams, Morgan Stanley, Patrick Ghali, Sean Ho, Vivek Tanneeru, Redmond Wong, Summer Zhen, Xie Yu, Vidya Ranganathan, Kim Coghill Organizations: REUTERS, Fidelity, Asia Pacific, Fidelity International . London, Somerset Capital Management, Nasdaq, Japan’s Nikkei, Sussex Partners, Hong, China, Hang Seng Tech, Monetary Fund, Cambridge Associates, Capital, “, Triata, Matthews Asia, Saxo Markets, Thomson Locations: HONG KONG, China, U.S, Asia, Hong Kong, London, Boston, San Francisco, Greater China

LONDON (AP) — At an age when many of his contemporaries have long since retired, King Charles III is not one to put his feet up. The king will mark his 75th birthday on Tuesday by busily highlighting causes close to his heart. With Queen Camilla at his side, Charles will visit a project that helps feed those in need by redistributing food that might otherwise go to landfills. As Prince of Wales, the future king founded a charity that helps young people get jobs and training. Although Diana’s fans initially bridled at the idea of Camilla ever becoming queen, by the time the invitations for the coronation went out Charles had made his wishes clear: “The Coronation of Their Majesties King Charles III and Queen Camilla.’’

Persons: King Charles III, Queen Camilla, Charles, Health Service’s, Queen Elizabeth II, He’s, ’, ”, Ed Owens, “, Elizabeth, ’ ’ Owens, ” Charles ’, Prince of Wales, Prince William, William, Prince Harry, Meghan, Harry, ” Owens, “ They’ve, weathers, Charles ’, Princess Diana, Camilla Parker, Bowles, Camilla Organizations: Health, Kenyans, Hill House School, University of Cambridge, Royal Navy Locations: British, London, California

☆ Two South Koreans accused of running US ‘high-end’ brothel ring to appear in court Monday
▼ + stars: | 2023-11-13 | by ( Holmes Lybrand | ) edition.cnn.com time to read: +6 min

He is accused of running part of the financial side of the brothels – renting out apartments in his or fake identities and operating numerous businesses to allegedly launder money through. The website advertised “models” – pictured on the sites in underwear in provocative poses – for photographers to hire, the affidavit says. Junmyung, investigators say, was born in Korea and is in the US on a student visa, which started in 2018. The confidential source, working with investigators, contacted James to set up a brothel in Connecticut, the affidavit says. He also mentioned during the call that he worked with a “Hana in Boston,” according to the affidavit.

Persons: Han Lee, Junmyung Lee, James Lee, Zachary Mitlitsky, Han, Junmyung, James, –, James laundered, Massachusetts Joshua Levy, ” Levy Organizations: CNN, Homeland Security, TSA, Hana Locations: Boston, Washington, Worchester , Massachusetts, California, Las Vegas and Virginia, Eastern Virginia, Virginia, Cambridge , Massachusetts, Korea, Tysons , Virginia, Connecticut, Massachusetts

☆ 15 cities where U.S. homebuyers make the largest down payments—the top 5 are in California
▼ + stars: | 2023-11-12 | by ( Mike Winters | ) www.cnbc.com time to read: +3 min

Homebuyers put down an average of 13.8% of the home price in 2023, according to a Realtor.com analysis of the 150 largest real estate markets for the quarter ending in September. Here's a look at the 15 most expensive real estate markets, based on the median cost for a typical down payment on a home. In Killeen, Texas, median down payment is only $2,182. This includes Fayetteville, North Carolina; Shreveport, Louisiana; and El Paso, Texas, where median down payments are $5,000 or less. U.S. Department of Agriculture loans also require no down payment, which might lead to low down payments in relatively rural areas.

Persons: Homebuyers, That's, Freddie Mac, Warren Buffett Organizations: PMI, Santa, Thousand Oaks, Seattle, Boston, Cambridge, Fort, Stamford -, U.S . Department of Veterans Affairs, U.S . Department Locations: California, U.S, San Jose, Sunnyvale, Santa Clara , California, Francisco, Oakland, Berkeley , California, Santa Maria, Santa Barbara , California, Angeles, Long, Anaheim , California, Santa Rosa, Petaluma , California, Oxnard, Ventura , California, Tacoma, Bellevue , Washington, Diego, Chula Vista, Carlsbad , California, Newton , Massachusetts, New Hampshire, Fort Collins , Colorado, Sacramento, Roseville, Folsom , California, Naples, Marco Island, Florida, York, Newark, Jersey City , New York, New Jersey, Pennsylvania, Portland, Vancouver, Hillsboro , Oregon, Washington, Bridgeport, Stamford, Stamford - Norwalk , Connecticut, U.S . California, Killeen , Texas, Killeen, Fayetteville, North Carolina, Shreveport , Louisiana, El Paso , Texas

☆ Meet Brother Spirit, the Buddhist monk who doesn't believe in competition and is behind one of the great partnerships in Silicon Valley
▼ + stars: | 2023-11-12 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +5 min

Brother Spirit is a monk in the French monastic community of Plum Village. Brother Spirit played a role in connecting Salesforce CEO Marc Benioff with Humane's founders. Brother Spirit said competition is not the best way to drive innovation. Brother Spirit did not respond to Insider's request for a comment, so it's unclear exactly when he befriended Benioff. Brother Spirit, who also goes by Brother Pháp Linh, appears to be active on social media.

Persons: Brother Spirit, Marc Benioff, Imran Chaudhri, Bethany Bongiorno, Benioff, Times ., Spirit, He's, Barack Obama, Tim Cook, Fleetwood Mac, —, Brother Pháp Linh, CK Lin, Lin Organizations: Brother, Humane's, Service, Apple, Google, The New York Times, Times, Salesforce, Cambridge University Locations: Plum, Salesforce, Bordeaux, France, San Francisco

☆ She led the National School Walkout after the Parkland mass shooting. Then she left America
▼ + stars: | 2023-11-11 | by ( Ramon Sanchez | Ray Sanchez | ) edition.cnn.com time to read: +7 min

These include at least 69 school shootings this year, as of October 28. CNNMurdock was a high school sophomore in Ridgefield, Connecticut, on Valentine’s Day in 2018 when a young man opened fire at Majory Stoneman Douglas High School in Parkland, Florida, killing 14 students and three teachers. She came up with a plan for students to walk out of school in protest on April 20, 2018, the anniversary of the 1999 Columbine High School massacre. Lane Murdock, then 16, discussed logistics with classmates a week before the April, 20, 2018, National School Walkout. There have been two mass shootings in the country since the laws were tightened.

Persons: CNN — Lane Murdock, Marjory Stoneman, ” Murdock, “, I’ve, “ We’ve, it’s, Lane Murdock, CNN Murdock, Stoneman, Murdock’s, Sandy Hook, Ray Sanchez, Murdock, ”, Dunblane, people’s Organizations: CNN, Marjory Stoneman Douglas High School, Gun Safety, Firearms, Edinburgh, Ridgefield High School, Stoneman Douglas High School, Columbine, Oxford, Cambridge, National School, –, Republican, Democratic, Giffords Law, Robb Elementary School, Edinburgh Napier University, America Locations: Connecticut, America, Ridgefield , Connecticut, Parkland , Florida, Ridgefield, New England, Hawaii, England, Guam, Parkland, Washington, DC, Uvalde , Texas, Scotland, ”, Scottish, Scotland –, Dunblane, “, England’s Hungerford, Cumbria, Plymouth, United States

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy Apple, Amazon and Qualcomm base their chips on Arm, helping it become the year's biggest IPOArm beat expectations in its first post-IPO earnings report Wednesday. Its low-power chip architecture is in nearly every smartphone, replaced Intel's x86 processors in Apple's Mac computers, and is the basis for Qualcomm's PC processors, and Amazon's data center chips. CNBC went to Arm in Cambridge, England, to find out how it became the year's biggest IPO despite 20% of revenue coming from China, struggling smartphone sales, and a failed $40 billion acquisition attempt by Nvidia.

Organizations: Amazon, Qualcomm, CNBC, Nvidia Locations: Cambridge, England, China

☆ Social isolation linked to early death risk, study finds
▼ + stars: | 2023-11-09 | by ( Kristen Rogers | ) edition.cnn.com time to read: +6 min

Those who don’t socialize with friends or family may see their risk of dying early increase by 39%. Many previous studies have linked loneliness or social isolation with a higher risk of premature death and other health outcomes. But few, if any, have looked into how these associations depend on the combined impact of different types of social interaction, according to a new study published Thursday in the journal BMC Medicine. Participants’ social isolation was gauged by how often they were visited by friends or family, how often they engaged in weekly group activities, and whether they lived alone. It’s also possible that any of these factors could lead to loneliness or social isolation rather than result from them, according to the study.

Persons: “, ”, Hamish Foster, weren’t, Anthony Ong, —, It’s, Foster, Jason Gill, Olivia Remes, wasn’t, Gill Organizations: CNN, BMC Medicine, School of Health, University of Glasgow, Cornell University, University of Cambridge, Social, Networks Locations: Scotland, United Kingdom, New York, England

☆ A Bundle of 18th-Century Love Letters Is Unsealed at Last
▼ + stars: | 2023-11-09 | by ( Jenny Gross | More About Jenny Gross | ) www.nytimes.com time to read: +1 min

For nearly 250 years, the letters, more than 100 of them, sat sealed in Britain’s National Archives, unopened and unexamined until a history professor stumbled upon them. He found, to his delight, a treasure trove bearing intimate details about romance and daily life in mid-18th-century France. Inside the box, Dr. Morieux found three bundles of letters. Only three of the letters had been opened, most likely by a low-level clerk shortly after the British Navy had received them from France. The clerk may have deemed them not worthy of further inspection and put them into storage, where they were forgotten about.

Persons: fiancées, pining, Renaud Morieux, Morieux Organizations: National Archives, British Navy, University of Cambridge Locations: France, London

☆ How Arm is gaining chip dominance with its architecture in Apple, Nvidia, AMD, Amazon, Qualcomm and more
▼ + stars: | 2023-11-09 | by ( Katie Tarasov | ) www.cnbc.com time to read: +8 min

Arm's big break came in 1993, when Apple launched its early handheld Newton device on the Arm610 processor. Arm's big break came in 1993 when Apple released its handheld Newton device on the Arm610 processor. Apple moved to its own Arm-based processors in Mac computers in 2020, breaking away from the Intel x86 processors that had powered them for 15 years. Qualcomm is another major customer making its latest PC processors using Arm, although that relationship is strained. This simplification is also making Arm the choice for non-chip companies like Apple, Amazon, Google and Microsoft designing their own custom silicon.

Persons: Haas, Richard Grisenthwaite, I've, Grisenthwaite, Japan's SoftBank, Grace Hopper Superchip, Grace Hopper, they're, Cash, SoftBank, Softbank, Rene Haas, CNBC's Katie Tarasov, Katie Brigham Arm, It's, Daniel Newman, Newman, O'Donnell, Apple, Nuvia, Arm's Grisenthwaite, They've, " O'Donnell, Max Thurlow Organizations: Apple, Acorn Computers, Texas, Nokia, Nvidia, Google, Samsung, Qualcomm, Futurum, Intel, Amazon, AMD, Cruise, Microsoft, Arm Holdings Locations: Cambridge, NXP, U.S, Arizona , California, North Carolina, Texas, Norway, Sweden, France, India, San Jose , California, IoT, England, China

☆ 3 Charged With Running Prostitution Service Used by Politicians and Others
▼ + stars: | 2023-11-08 | by ( Aishvarya Kavi | More About Aishvarya Kavi | ) www.nytimes.com time to read: +1 min

They are accused of using “coercive tactics” to draw the women into providing sexual services, for which clients were charged about $350 to $600 per hour. Some of the properties were leased in Mr. Han’s and Mr. Junmyung’s names, according to the affidavit from the homeland security agent. He added that the women were often flown across state lines to engage in prostitution. The women were showcased on the websites according to their height, weight and bust size along with seminude photos, according to the affidavit. The clients would then receive a “menu” of services and women.

Persons: Han’s, Zachary Mitlitsky, Junmyung Locations: Washington, Boston, Fairfax, Virginia, Cambridge, Watertown, Massachusetts

☆ DOJ announces arrests in ‘high-end brothel network’ used by elected officials, military officers and others
▼ + stars: | 2023-11-08 | by ( Holmes Lybrand | ) edition.cnn.com time to read: +3 min

CNN —Three individuals have been arrested on charges of operating a “high-end brothel network” in Massachusetts and Virginia with a clientele that included elected officials, military officers and government contractors with security clearances, the Justice Department announced Wednesday. “Pick a profession,” Joshua Levy, acting US attorney for Massachusetts, said of the sprawling client list during a press conference in Boston. The three individuals, Levy said, transported women and advertised them online for pre-approved clients to choose from through several websites and ran the brothels out of apartments they rented. The agent said about 20 sex buyers were interviewed in connection with the multiyear investigation. One customer described getting a text of available options at a brothel, including the women available, the sexual services and the hourly rate.

Persons: “, ” Joshua Levy, “ They’re, ” Levy, Han Lee, James Lee, Junmyung Lee, Levy Organizations: CNN, Justice Department, Homeland Security Investigations Locations: Massachusetts, Virginia, Boston, Massachusetts , California, Cambridge , Massachusetts, Torrance , California, Dedham , Massachusetts

☆ High-end brothels serviced elected officials, tech and pharma execs, military brass: Feds
▼ + stars: | 2023-11-08 | by ( Dan Mangan | ) www.cnbc.com time to read: +2 min

A network of "sophisticated" high-end brothels in greater Boston and eastern Virginia provided sex for pay to "elected officials, high tech and pharmaceutical executives, doctors, military officers, government contractors that possess security clearances, professors," and others, federal prosecutors said Wednesday. Three people were arrested in connection with operating the pricey sex shops, which required "interested sex buyers" to provide employer information and references before booking sessions with prostitutes, authorities said. "The investigation into the involvement of sex buyers is active and ongoing," the office said. In addition to politicians and military brass, business executives and government contractors, customers included "lawyers, scientists and accountants." About 20 "sex buyers" were interviewed by the investigators as part of a multi-year probe of the network, according to a criminal complaint.

Organizations: Attorney's, Massachusetts, Washington , D.C, Department of Homeland Security Locations: Boston, Virginia, Cambridge, Watertown , Massachusetts, Fairfax, Tysons , Virginia, The Virginia, Washington ,, U.S

Courthouse in Boston, Massachusetts, U.S., November 28, 2018. The U.S. government meanwhile seized the domains for two websites tied to the prostitution ring, authorities said. Defense lawyers for the trio either did not respond to requests for comment or could not be immediately identified. Customers were charged $350 to $600, depending on the services and included politicians, pharmaceutical and technology executives, doctors, military officers, professors, lawyers, business executives, scientists and accountants, prosecutors said. Reporting by Nate Raymond in Boston, Editing by Alexia Garamfalvi; Editing by David GregorioOur Standards: The Thomson Reuters Trust Principles.

Persons: John Jospeh Moakley, Katherine Taylor, Josh Levy, Han Lee, Junmyung Lee, James Lee, Levy, We're, Nate Raymond, Alexia Garamfalvi, David Gregorio Our Organizations: Courthouse, REUTERS, Rights BOSTON, U.S, Thomson Locations: John Jospeh Moakley U.S, Boston , Massachusetts, U.S, Boston, Virginia, Massachusetts, California, Massachusetts , Virginia, Cambridge, Watertown , Massachusetts, Fairfax, Tysons , Virginia

☆ Founder Collective has quietly built a seed-investing powerhouse that just raised a $95 million new fund. Its secret sauce: staying small.
▼ + stars: | 2023-11-08 | by ( Melia Russell | ) www.businessinsider.com time to read: +7 min

The firm has raised $95 million for its fifth and largest fund, Founder Collective tells Insider exclusively. While it's not the splashiest shop, those in the know know Founder Collective has quietly built one of the most successful venture-capital franchises on the East Coast. Founder CollectiveFounded in 2009, Founder Collective started as a bloc of founders and investors pooling their money to invest in startups. Founder Collective has always been ruthlessly focused on the seed stage, where investors take the biggest risk in pursuit of the highest returns. "We have been fastidious and we've screamed it to anyone who will listen: capital efficiency, capital efficiency, capital efficiency," Frankel said.

Persons: Eric Paley, Collective's, it's, Beezer Clarkson, Sapphire, Clarkson, Paley, David Frankel, Frankel, Amanda Herson, Herson, we've Organizations: Sapphire Partners, Cendana, Foundry Group, Forbes, Felicis Ventures Locations: Cambridge , Massachusetts, East, Coupang, Susa

☆ Steamy love letters sent to captured French sailors have been opened for the first time in 265 years
▼ + stars: | 2023-11-07 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +5 min

Love letters sent to French sailors have been opened for the first time in 265 years. For more than 265 years, these letters — along with more than 100 others sent to French prisoners — were left unread. A picture shows one of the long-lost letters addressed to french sailors over 265 years ago. Almost 20,000 French sailors were captured by the British military to thwart France's effort to crew their state-of-the-art ships during the Seven Year War. In 1758, out of 60,137 French sailors, a third were detained in Britain, according to the press release.

Persons: —, Anne Le Cerf, Jean Baptiste Emmanuel Gilbert, Renaud Morieux, Marie Dubosc, Dubosc, Morieux, didn't Organizations: Service, British, National Archives, Cambridge University, Sciences Sociales Locations: French, Kew , London, France, Britain, Europe, North America, Africa, India, England

☆ Most distant black hole discovered by Chandra, Webb telescopes
▼ + stars: | 2023-11-07 | by ( Ashley Strickland | ) edition.cnn.com time to read: +5 min

CNN —Two powerful NASA telescopes have detected the oldest and most distant black hole ever found. “We needed Webb to find this remarkably distant galaxy and Chandra to find its supermassive black hole,” said lead study author Akos Bogdan, in a statement. Potential black hole theoryTypically, black holes located at the centers of galaxies only have about 0.1% the mass of the stars within their host galaxy. The unusual black hole could be an “Outsize Black Hole” that formed when a huge cloud of gas collapsed, as theorized in 2017 by Priyamvada Natarajan, a coauthor on both studies and the Joseph S. and Sophia S. Fruton professor of astronomy and professor of physics at Yale University in New Haven, Connecticut. “We think that this is the first detection of an ‘Outsize Black Hole’ and the best evidence yet obtained that some black holes form from massive clouds of gas,” Natarajan said.

Persons: Chandra, James Webb, Webb, ”, Akos Bogdan, “, ” Bogdan, Abell, they’ve, Andy Goulding, Priyamvada Natarajan, Joseph S, Sophia S, ” Natarajan Organizations: CNN, NASA, Telescope, Harvard - Smithsonian Center for Astrophysics, Chandra, telltale, Princeton University, Yale University Locations: Cambridge , Massachusetts, New Jersey, New Haven , Connecticut

☆ Here are some key open enrollment tips and strategies for employees
▼ + stars: | 2023-11-07 | by ( Annie Nova | ) www.cnbc.com time to read: +9 min

Jimvallee | Istock | Getty ImagesOpen-enrollment workplace checklist ✔ Health insurance ✔ Savings and spending accounts ✔ Dental and vision plans ✔ Life insurance ✔ Disability insurance ✔ Retirement savings ✔ Beneficiary selection1. If your spouse has their own health insurance option at work, you'll want to both sit down and compare the different offerings. Many employees will notice that the health insurance plans offered by their company don't include dental and vision coverage. Consider life, disability insuranceDuring open enrollment, employees will typically also be presented with different disability and life insurance options. Short-term disability coverage is very limited, she said: "Everyone needs long-term disability coverage unless they have enough savings that they could basically retire if they can't work anymore."

Persons: Caitlin Donovan, Gruber, Jean Abraham, Warby Parker, Pat Greenhouse, Abraham, Donovan, you'll, Jonathan Gruber, Louise Norris, Norris, Carolyn McClanahan, McClanahan, Ryan Viktorin, Viktorin Organizations: Istock, Getty, Savings, Patient Advocate, University of Minnesota, Harvard, Boston Globe, Massachusetts Institute of Technology, IRS, Healthinsurance.org, Planning Partners, CNBC's, Pew Research Center, Partners, Fidelity Investments Locations: Cambridge , Massachusetts, Jacksonville , Florida

☆ Akamai sees Q4 profit above estimates on strong demand for cybersecurity services
▼ + stars: | 2023-11-07 | by ( ) www.reuters.com time to read: +1 min

Nov 7 (Reuters) - Akamai Technologies (AKAM.O) forecast fourth-quarter adjusted profit above Wall Street estimates on Tuesday, helped by strong demand for its cloud security services as rapid digitalization raises the risk of high-profile hacks. Spending on cybersecurity services have stayed resilient amid growing cyber crimes and privacy concerns even as companies tightened the budgets for other IT services. Cambridge, Massachusetts-based Akamai expects fourth-quarter adjusted profit at about $1.57 per share, compared with analysts average estimate of $1.54 per share, according to LSEG data. The company reported revenue of $965 million and adjusted profit of $1.63 per share for the quarter ended Sept. 30. Analysts expected revenue at $943.32 million and adjusted profit at $1.50 per share.

Persons: Akamai, Tanya Jain, Shilpi Majumdar Organizations: Akamai Technologies, Wall, Data Corporation . Cambridge, U.S . Department of Labor, Census Bureau, Department of Defense, eBay, Electronic Arts, Thomson Locations: Data Corporation . Cambridge , Massachusetts, Bengaluru

☆ We cannot have a Fed that is reacting to yesterday's data all the time, says Mohamed El-Erian
▼ + stars: | 2023-11-07 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe cannot have a Fed that is reacting to yesterday's data all the time, says Mohamed El-ErianMohamed El-Erian, Allianz chief economic advisor and president of Queens' College, Cambridge, joins 'Squawk Box' to discuss the Fed's inflation fight, why he believes the four most important central banks effectively called a 'time out' on policy action over the last two weeks and should use the strategy wisely, economic outlook, and more.

Persons: Mohamed El, Erian Mohamed El Organizations: Erian, Allianz, Queens ' College , Cambridge

☆ Bristol Myers buys Orum's blood cancer therapy for up to $180 mln
▼ + stars: | 2023-11-06 | by ( ) www.reuters.com time to read: 1 min

A sign stands outside a Bristol Myers Squibb facility in Cambridge, Massachusetts, U.S., May 20, 2021. REUTERS/Brian Snyder/File Photo Acquire Licensing RightsNov 6 (Reuters) - Bristol Myers Squibb (BMY.N) has acquired Orum Therapeutics' experimental therapy to treat a type of blood cancer for a total value of up to $180 million, the privately held company said on Monday. The therapy, ORM-6151, which helps degrade a specific protein hard to treat previously, has received the U.S. Food and Drug Administration's (FDA) clearance for an early stage study. The deal includes an upfront payment of $100 million and milestone payments, Orum said, without disclosing further details. Reporting by Khushi Mandowara in Bengaluru; Editing by Dhanya Ann Thoppil and Sriraj KalluvilaOur Standards: The Thomson Reuters Trust Principles.

Persons: Brian Snyder, Orum, Khushi, Dhanya Ann Thoppil Organizations: Bristol Myers Squibb, REUTERS, Orum Therapeutics, U.S . Food, Thomson Locations: Cambridge , Massachusetts, U.S, Bengaluru

☆ French love letters written 265 years ago opened for the first time
▼ + stars: | 2023-11-06 | by ( Ashley Strickland | ) edition.cnn.com time to read: +9 min

“These letters are about universal human experiences, they’re not unique to France or the 18th century,” Morieux said in a statement. Seeing that the small letters were still sealed, he asked whether correspondence could be opened and was granted permission. Next time you write to me, please do not forget your father,” his mother’s letter read. “Here is a son who clearly doesn’t like or acknowledge this man as his father,” Morieux said. The contents of the letters written to the crew of the Galatée have fascinated him, and he wants to keep pulling that thread.

Persons: Galatée, Renaud Morieux, they’re, ” Morieux, ” Marie Dubosc, “, Louis Chambrelan, Dubosc, Chambrelan, Morieux, ”, Nicolas Quesnel, Marguerite, Renaud Morieux Quesnel’s fiancée, Marianne, ” Marianne, Quesnel’s, ’, scriveners, …, Anne Le Cerf, ” Anne Le Cerf, Nanette, Jean Topsent, Renaud Morieux Morieux Organizations: CNN, Admiralty, British Royal Navy, Pembroke College, Cambridge, Sciences Sociales, “, National, Society of Prisoners Locations: Bordeaux, Quebec, London, United Kingdom, France, Brest

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