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SINGAPORE, April 20 (Reuters) - Killer heat waves are putting "unprecedented burdens" on India's agriculture, economy and public health, with climate change undermining the country's long-term efforts to reduce poverty, inequality and illness, a new study showed. India is now "facing a collision of multiple, cumulative climate hazards", with extreme weather happening almost every day from January to October last year, they said. As much as 90% of India's total area now lies in extreme heat danger zones, and it is not fully prepared, he warned. "India has already done quite a bit in terms of heat mitigation - they actually now recognise heatwaves as part of their disaster relief package," he said. The researchers also warned that heatwaves were weakening India's efforts to meet its "Social Development Goals", a list of 17 U.N. objectives to cut poverty, hunger, inequality and disease.
New York CNN —Facebook users who had an active account at any point between May 2007 and December 2022 can now apply to receive a piece of parent company Meta’s $725 million settlement related to the Cambridge Analytica scandal. The California judge overseeing the case granted preliminary approval of the settlement late last month, and Facebook users can now apply for a cash payment as part of a settlement. The claim form — which requires a few personal details and information about a user’s Facebook account — can be filled out online or printed and submitted by mail. It’s not yet clear how much each settlement payment will be. “Over the last three years we revamped our approach to privacy and implemented a comprehensive privacy program.
Facebook users complained of an issue that saw random comments made to celebrity Pages appear in their own Feed. Facebook users have until August to claim their share of a $725 million class-action settlement of a lawsuit alleging privacy violations by the social media company, a new website reveals. The lawsuit was prompted in 2018 after Facebook disclosed information of 87 million users was improperly shared with Cambridge Analytica. "We pursued a settlement as it's in the best interest of our community and shareholders," a company spokesperson said at the time. Facebook users can make a claim by visiting Facebookuserprivacysettlement.com and entering their name, address, email address and confirming they lived in the U.S. and were active on Facebook between the aforementioned dates.
LONDON, April 18 (Reuters) - King Charles will be crowned next month at London's Westminster Abbey, following in a tradition that dates back some 1,000 years. Here are some little known facts about the monarch:FIRST REGAL SCHOOLBOYCharles is the first monarch to have gone to school, as all his predecessors were educated by private tutors. As part of his education, he spent two terms at Geelong Church of England Grammar School in Melbourne, Australia. SPORTYAs a young prince, Charles loved skiing, surfing, and scuba diving. MUSIC AND ARTS LOVERCAMBERLEY, ENGLAND - APRIL 14: King Charles III inspects the 200th Sovereign's parade at Royal Military Academy Sandhurst on April 14, 2023 in Camberley, England.
A federal appeals court ruled Monday that Berkeley, California, cannot enforce a ban on natural gas hookups in new buildings, saying a U.S. federal law preempts the city's regulation. In the appeal, the three-judge panel said the U.S. Energy Policy Conservation Act of 1975 preempts the city's ban on the installation of natural gas piping within new construction. The decision could have ramifications for efforts by other cities and counties in California to ban natural gas appliances in new buildings to help reduce climate-changing greenhouse gas emissions. A few dozen cities across the country, including San Francisco, New York City, San Jose, Seattle, and Cambridge, Massachusetts, have also moved to ban natural gas hookups in some new buildings, citing environmental and health reasons. The ruling reversed a 2021 decision by a U.S. district judge who had blocked the challenge to the city's ban.
"I have worked with more than 50 VCs and nobody comes close to what it is like to work with Mark Suster," said a founder backed by Suster. "Mark and the Upfront Summit helped put LA tech and investing on the map," said Jeffrey Katzenberg, the cofounder of DreamWorks and WndrCo. Several years ago, a founder whose startup Suster invested in was in a conference room rehearsing their presentation for the Upfront Summit. If you're going to put him on your board, you're letting the fox guard the henhouse. "If you're going to put him on your board, you're letting the fox guard the henhouse."
Images created through AI of ancient alien artifacts alongside Nazi soldiers have been shared online, with some claiming they show secret discoveries in Antarctica or Egypt. Similar posts were shared on Facebook (here) and (here). The images, however, can be traced back to the Instagram page of Infinite Odyssey, an online magazine that claims to be “the first fully A.I. The post sharing the images carries a disclaimer that reads “WRITTEN BY A.I. Images purporting to show ancient alien artifacts were generated through AI.
REUTERS/Brian Snyder/File PhotoWASHINGTON, April 17 (Reuters) - The U.S. Supreme Court on Monday declined to hear Novartis Pharmaceuticals Corp's (NOVN.S) bid to revive a key patent on its blockbuster multiple sclerosis drug Gilenya that was invalidated amid a legal dispute with China's HEC Pharm Co Ltd (1558.HK). Novartis sued HEC and more than a dozen other generic drugmakers for patent infringement in Delaware federal court after they applied for FDA approval of Gilenya generics. Novartis settled with some of the drugmakers, allowing for some Gilenya generics before a key patent's 2027 expiration. The Supreme Court in October rejected a Novartis emergency bid to pause the decision. HEC responded that the Federal Circuit "followed its own rules," and that "no Federal Circuit judge - including the dissenter - suggested any procedural concern" with the decision.
Inflation will be sticky around 4-5%: Mohamed El-Erian
  + stars: | 2023-04-17 | 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 EmailInflation will be sticky around 4-5%: Mohamed El-ErianMohamed El-Erian, Allianz and Gramercy advisor and president of Queens' College, Cambridge, joins 'Squawk Box' to discuss the higher yields, how sticky inflation will be, and more.
Factbox: Who is Kremlin critic Vladimir Kara-Murza?
  + stars: | 2023-04-17 | by ( ) www.reuters.com   time to read: +2 min
April 17 (Reuters) - Russian opposition figure Vladimir Kara-Murza was convicted of treason by a Moscow court on Monday and sentenced to 25 years in prison. Kara-Murza, 41, is a historian, journalist and opposition politician who holds Russian and British passports and studied in England at Cambridge University. He was a close associate of Boris Nemtsov, a leading opposition figure who was assassinated near the Kremlin in 2015, and continued to speak out against President Vladimir Putin despite the mounting risks. Twice, in 2015 and 2017, Kara-Murza suddenly fell ill in what he said were poisonings by the Russian security services, on both occasions falling into a coma before eventually recovering. Kara-Murza was arrested in April 2022, hours after CNN broadcast an interview in which he said Russia was being run by a "regime of murderers".
The Merck/Moderna collaboration is one of several combining powerful drugs that unleash the immune system to target cancers with mRNA vaccine technology. BioNTech SE (22UAy.DE) and Gritstone Bio Inc (GRTS.O) are working on competing cancer vaccines based on mRNA technology. Barr said it took about eight weeks to design a personalized mRNA vaccine for each patient. In the past, similar experimental cancer vaccines were developed targeting a single tumor mutation, or neoantigen. With mRNA technology in combination with Keytruda, "we can create this shotgun approach ... that can create a more potent immune response," Barr said.
The Merck/Moderna collaboration is one of several combining powerful drugs that unleash the immune system to target cancers with mRNA vaccine technology. BioNTech SE (22UAy.DE) and Gritstone Bio Inc (GRTS.O) are working on competing cancer vaccines based on mRNA technology. Barr said it took Moderna about eight weeks to design a personalized mRNA vaccine for each patient. In the past, similar experimental cancer vaccines were developed targeting a single tumor mutation, or neoantigen. With mRNA technology in combination with Keytruda, "we can create this shotgun approach ... that can create a more potent immune response," Barr said.
New York City Mayor Eric Adams appointed a "rat czar" to help eliminate rodents in the city. One Boston city official says the Massachusetts city should follow suit and hire a rat slayer of their own. Days later, Boston City Council President Ed Flynn recommended the Massachusetts city hire someone in a similar position ""to hopefully one day eliminate rats in Boston," the Boston Herald reported. In 2022, Chicago was named the number one "rattiest" city in the US over both New York City and Boston. "You can hear them screaming — ee, ee, ee, ee!"
The college student who tracks Elon Musk's jet said he "seems really bothered" by his account. The college student who runs a Twitter account tracking Elon Musk's private jet said the Tesla CEO "seems really bothered" by the account following comments the billionaire made in his BBC News interview this week. According to the Cambridge Dictionary, doxxing is finding or publishing private information about someone online. Sweeney's account used bots to scrape and post publicly available flight data that people would otherwise be able to find via ADS-B Exchange. When Clayton said that Sweeney was using publicly available information, Musk said: "No, actually it's not true.
Ian Hogarth — who has invested in over 50 AI companies — wrote an FT essay warning about the tech. "God-like AI could be a force beyond our control or understanding, and one that could usher in the obsolescence or destruction of the human race," he added. At some point, someone will figure out how to cut us out of the loop, creating a God-like AI capable of infinite self-improvement," Hogarth added. He also warned that the heated competition between those at the forefront of the technology, like OpenAI and Alphabet-owned DeepMind, risks an unstable "God-like AI" because of a lack of oversight. In a 2019 interview with the New York Times, OpenAI CEO Sam Altman compared his ambitions to the Manhattan Project, which created the first nuclear weapons.
April 11 (Reuters) - A U.S. appeals court handed Moderna Inc (MRNA.O) a win on Tuesday, affirming a decision to cancel an Arbutus Biopharma Corp (ABUS.O) patent related to the companies' legal fight over Moderna's blockbuster COVID-19 vaccines. The U.S. Court of Appeals for the Federal Circuit upheld a U.S. Patent and Trademark Office tribunal's ruling that the patent for Arbutus' lipid nanoparticle (LNP) technology was invalid based on an earlier Arbutus patent that disclosed the same invention. Moderna challenged the patent at the PTO's Patent Trial and Appeal Board in 2018, and the board invalidated it in 2019. Arbutus separately sued Pfizer and BioNTech for patent infringement last week over their COVID-19 shots, in a lawsuit that also does not include the canceled patent. The Federal Circuit case is Arbutus Biopharma Corp v. ModernaTX Inc, U.S. Court of Appeals for the Federal Circuit, No.
[1/5] The Central Marin Sanitation Agency facility, where wastewater samples are collected for testing, is seen in San Rafael, California, U.S. March 29, 2023. REUTERS/Nathan FrandinoSAN RAFAEL, California, April 11 (Reuters) - As the COVID-19 pandemic wanes, a California county is using the same wastewater monitoring program it used to track the coronavirus to go after another deadly public health crisis: opioids. We're losing one resident every five days in Marin County," said Dr. Matt Willis, Marin County's public health officer. Marin County, like many other places in the U.S., is grappling with a drug epidemic. Reporting by Nathan Frandino in San Rafael, Additional reporting by Brian Snyder in Cambridge, Editing by Rosalba O'BrienOur Standards: The Thomson Reuters Trust Principles.
Can India help the UK become a tech superpower?
  + stars: | 2023-04-11 | by ( ) www.cnbc.com   time to read: +1 min
The U.K. hopes to remake the region between the cities of Oxford and Cambridge into the next Silicon Valley. But Britain needs to attract more skilled talent to its shores if it's going to become a tech power. India is the third largest startup ecosystem in the world, and it has plenty of tech talent. "India has been an engineering global talent hub for the world over recent years," said Amarjit Singh, the CEO of India Business Group, a consulting firm that supports deals between the two countries. Watch the video above to learn how India can help the U.K. with its ambition to become a tech superpower.
Mohawk Industries — Shares of the flooring manufacturer gained 5% after Loop Capital upgraded the company to buy from its previous hold rating. WisdomTree — Shares of the financial firm gained 3% after the company said it had $1.9 billion of net flows in March. New York Community Bancorp — Shares of the regional bank gained 2.7% after Jefferies upgraded the stock to buy from hold. LendingClub — The lending stock gained 5% after JPMorgan initiated coverage of the stock at overweight. Murphy Oil — The natural gas company's shares gained 2.6% after Truist upgraded shares to buy from hold.
Moderna on Tuesday said it expects to see between $8 billion and $15 billion in sales from its Covid, RSV, flu and other respiratory vaccines in 2027. The biotech company said it sees a corresponding operating profit in the range of $4 billion to $9 billion. Those respiratory product estimates are supported by additional research investments of $6 billion to $8 billion "over the next few years," Moderna added. Moderna said earlier this year it expects $5 billion in mRNA Covid vaccine sales in 2023, a steep drop from the $18 billion the shot raked in last year. The Cambridge, Massachusetts-based company's Covid vaccine remains its only commercially available product.
Moderna hopes to offer a new set of life-saving vaccines targeting cancer, heart disease and other conditions by 2030, a spokesperson for the company told CNBC on Monday. "It can be applied to all sorts of disease areas; we are in cancer, infectious disease, cardiovascular disease, autoimmune diseases, rare disease." Burton's remarks also come ahead of Moderna's Vaccine Day on Tuesday. He highlighted Moderna's personalized cancer vaccine, a highly anticipated mRNA shot being developed to target different tumor types. In February, the Food and Drug Administration granted Breakthrough Therapy Designation to Moderna's personalized cancer vaccine in combination with Merck's immunotherapy drug Keytruda for patients with a deadly form of skin cancer called melanoma.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailI think we can avoid a recession, says Allianz advisor Mohamed El-ErianMohamed El-Erian, Allianz advisor and president of Queens’ College, Cambridge, joins ‘Squawk Box’ to discuss the markets, the Fed, and why the U.S. economy can avoid a recession.
The March jobs report is a win for stocks and the Fed should keep a steady pace of rate hikes in May, Mohamed El-Erian said. Stock futures closed higher after the jobs report that arrived during the Good Friday holiday. "It's good to see good economic news," El-Erian, chief economic adviser at Allianz, said on Bloomberg TV after the Labor Department released its report. US stock futures turned higher after the Labor Department released its data. Trading in stock futures was open until 9:15 a.m. Eastern time on Friday, while broader equity trading was closed for the Good Friday holiday.
Launched in February 2022, the FTX Future Fund was part of the FTX Foundation, the philanthropic arm of Sam Bankman-Fried's crypto empire which fell apart last year, in what U.S. prosecutors called an "epic" fraud. Representatives for FTX also declined to comment and declined to say whether the FTX Foundation is included in the bankruptcy proceedings. The FTX Future Fund supported research into topics that "improve humanity's long-term prospects" and was funded primarily by Bankman-Fried, according to a profile of its activities published on Twitter. FTX's statement did not reference the FTX Future Fund specifically. One FTX Future Fund beneficiary in the U.S., who asked not to be named, said they received a grant of more than $150,000.
CNN —Medieval observations of the moon are helping present-day researchers study a mysterious cluster of volcanic eruptions on Earth. Monks, and other scribes from the era, made detailed descriptions of lunar eclipses, when the moon is fully in Earth’s shadow. Guillet believes medieval manuscripts contain an important source of information about a string of large but little-understood volcanic eruptions on Earth. These dates correspond with five major volcanic eruptions identified from traces of volcanic ash found in polar ice cores — in 1108, 1171, 1230, 1257 and 1276. “These eruptions were significantly more powerful than some of the most well-known volcanic eruptions in recent history,” Guillet said.
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