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☆ Stocks making the biggest moves premarket: Tesla, Nutanix, Meta and more
▼ + stars: | 2022-12-23 | by ( Peter Schacknow | ) www.cnbc.com time to read: +2 min

Check out the companies making headlines before the bell:Tesla (TSLA) – Tesla CEO Elon Musk said he would refrain from selling any more Tesla stock for 18 to 24 months. Tesla gained 1.2% in the premarket. Nutanix (NTNX) – Nutanix tumbled 16.6% in the premarket following a report that Hewlett Packard Enterprise (HPE) has ended talks to acquire the cloud computing company. Meta Platforms (META) – Meta and users of its Facebook platform settled a privacy class action lawsuit, with Meta agreeing to pay $725 million. Oilfield services stocks – Halliburton (HAL) gained 1.4% in the premarket, with Schlumberger (SLB) up 1.3% and Baker Hughes (BKR) rising 1%.

Companies Meta Platforms Inc FollowDec 23 (Reuters) - Facebook owner Meta Platforms Inc (META.O) has agreed to pay $725 million to resolve a class-action lawsuit accusing the social media giant of allowing third parties, including Cambridge Analytica, to access users' personal information. "Over the last three years we revamped our approach to privacy and implemented a comprehensive privacy program," Meta said. The users' lawyers alleged that Facebook misled them into thinking they could keep control over personal data, when in fact it let thousands of preferred outsiders gain access. Facebook argued its users have no legitimate privacy interest in information they shared with friends on social media. But U.S. District Judge Vince Chhabria called that view "so wrong" and in 2019 largely allowed the case to move forward.

Companies Meta Platforms Inc FollowDec 23 (Reuters) - Facebook owner Meta Platforms Inc (META.O) has agreed to pay $725 million to resolve a class-action lawsuit accusing the social media giant of allowing third parties, including Cambridge Analytica, to access users' personal information. "Over the last three years we revamped our approach to privacy and implemented a comprehensive privacy program," Meta said. The ensuing Cambridge Analytica scandal fueled government investigations into its privacy practices, lawsuits and a high-profile U.S. congressional hearing where Meta Chief Executive Mark Zuckerberg was grilled by lawmakers. The users' lawyers alleged that Facebook misled them into thinking they could keep control over personal data, when in fact it let thousands of preferred outsiders gain access. Facebook argued its users have no legitimate privacy interest in information they shared with friends on social media.

☆ Meta agrees to pay $725 million to settle lawsuit over Cambridge Analytica data leak
▼ + stars: | 2022-12-23 | by ( Clare Duffy | ) edition.cnn.com time to read: +3 min

New York CNN —Facebook parent company Meta has agreed to pay $725 million to settle a longstanding class action lawsuit accusing it of allowing Cambridge Analytica and other third parties to access private user information and misleading users about its privacy practices. The proposed settlement would end the legal battle that began four years ago, shortly after the company disclosed that the private information of as many as 87 million Facebook users was obtained by Cambridge Analytica, a data analytics firm that worked with the Trump campaign. The data leak sparked an intense international scandal for Facebook, drawing the scrutiny of regulators on both sides of the Atlantic. They estimated that between 250 and 280 million people may be eligible for payments as part of the class action settlement. But the improper sharing of Facebook data triggered a cascade of events that has culminated in investigations and lawsuits.

☆ Moderna's vaccine facility in Britain to create over 150 new jobs
▼ + stars: | 2022-12-22 | by ( ) www.reuters.com time to read: +1 min

[1/2] A sign marks the headquarters of the coronavirus disease (COVID-19) vaccine maker Moderna in Cambridge, Massachusetts, U.S., April 28, 2022. REUTERS/Brian Snyder/LONDON, Dec 22 (Reuters) - U.S. biotech Moderna's (MRNA.O) planned vaccine manufacturing centre in Britain will create more than 150 new jobs in the country, the UK government said on Thursday. Moderna's COVID-19 vaccines, which use messenger RNA (mRNA) technology, were among those deployed in Britain in the effort to tackle the coronavirus crisis, including in the ongoing autumn booster campaign. The facility, which is expected to start producing shots in 2025, will provide patients in Britain access to domestically manufactured mRNA respiratory shots, including the company's COVID vaccine that can protect against multiple variants. ($1 = 0.8288 pounds)Reporting by Natalie Grover in London; Editing by Leslie AdlerOur Standards: The Thomson Reuters Trust Principles.

☆ Read Mark Zuckerberg's deposition about Facebook user data, released years later thanks to a Freedom of Information Act request
▼ + stars: | 2022-12-22 | by ( Sindhu Sundar | ) www.businessinsider.com time to read: +5 min

Mark Zuckerberg told the SEC in 2019 he'd heard news of Cambridge Analytica and the 2016 US election. He was "curious" to understand the group's use of Facebook then, per a newly released deposition. The deposition with the SEC was released thanks to a Freedom of Information Act request. A newly released deposition of Zuckerberg's questioning in 2019 by the US Securities and Exchange Commission is another piece of the puzzle. In a House hearing in 2018, Representative Anna Eshoo, a Democratic Representative from California, asked Zuckerberg pointedly about Cambridge Analytica.

[1/3] A general view of hydrogen electrolysis plant called 'REFHYNE', one of the world's first green hydrogen plants, during a launch event at Shell's Rhineland refinery in Wesseling near Cologne, Germany, July 2, 2021. REUTERS/Thilo SchmuelgenLONDON, Dec 22 (Reuters) - The green hydrogen express is gathering pace, but it may have a worrying problem with leaks. At least four studies published this year say hydrogen loses its environmental edge when it seeps into the atmosphere. The United States included billions of dollars of green hydrogen tax credits in its Inflation Reduction Act and the European Union approved 5.2 billion euros ($5.5 billion) in subsidies for green hydrogen projects in September. While potential leakages of hydrogen are not expected to be on a scale that could derail all green hydrogen plans, any seepage would erode its climate benefits, they say.

☆ Zuckerberg weighed naming Cambridge Analytica as a concern in 2017, months before data leak was revealed
▼ + stars: | 2022-12-20 | by ( Brian Fung | ) edition.cnn.com time to read: +7 min

The data leak prompted a global outcry that led to hearings, an apology tour from Zuckerberg and Facebook’s $5 billion privacy settlement with the US government. Zuckerberg’s remarks in the deposition offer the clearest picture yet of what Zuckerberg knew about Cambridge Analytica, and when. But according to the court documents, Zuckerberg had originally proposed naming Russian foreign intelligence and Cambridge Analytica in the same breath. Zuckerberg testified that the reference to Cambridge Analytica was removed after a staffer recommended against naming specific organizations. But the improper sharing of Facebook data triggered a cascade of events that has culminated in numerous investigations and lawsuits.

OAKLAND, Calif., Dec 19 (Reuters) - Mark Zuckerberg considered saying in a 2017 speech that Facebook was looking into "organizations like Cambridge Analytica," according to details from a deposition of him by the U.S. Securities and Exchange Commission. Zuckerberg in the deposition also acknowledges asking colleagues in January 2017 to assess Cambridge's claims about its influence in elections. Media reports in March 2018 suggested that Cambridge kept leveraging Facebook data, prompting government investigations related to data protection practices that Facebook settled in the United States for at least $5.1 billion. In the draft obtained by the SEC, Zuckerberg proposed saying: "We are already looking into foreign actors including Russian intelligence, actors in other former Soviet states and organizations like Cambridge Analytica." Zamaan Qureshi, policy advisor for consumer advocacy group The Real Facebook Oversight Board, said the deposition should increase users' doubts of Meta.

☆ Gen Z is re-thinking college and career plans in post-Roe America: ‘I want to leave the country’
▼ + stars: | 2022-12-19 | by ( Morgan Smith | ) www.cnbc.com time to read: +7 min

There is an endless list of factors students consider while choosing a college: size, cost, campus life, proximity to home. In post-Roe America, location has never been more important to prospective and current college students deciding where to pursue a degree or build their career. The 21-year-old, now a junior studying political science at the University of South Dakota, is the president of USD Students for Reproductive Rights. Lexi McKee-Hemenway and Kyshea Koehler at an event hosted by USD Students for Reproductive Rights. Harvard University freshmen rally in Harvard Yard on May 4, 2022 to defend abortion rights.

[1/2] Claudine Gay, Dean of the Faculty of Arts and Sciences, speaks during the 368th Commencement Exercises at Harvard University in Cambridge, Massachusetts, U.S., May 30, 2019. REUTERS/Brian Snyder/File PhotoBOSTON, Dec 15 (Reuters) - Harvard University on Thursday named Claudine Gay, the school's dean of Faculty Arts and Sciences, as its 30th president, the first Black person and only the second woman to hold the job. Gay, the daughter of Haitian immigrants who joined Harvard as a professor in 2006, succeeds Lawrence Bacow as president of the prestigious, nearly 400-year-old Ivy League university. Gay, 52, will step into the job in Cambridge, Massachusetts as the university faces challenges to its admissions policies. Harvard argues that eliminating race as a consideration would hamper its efforts to create a more diverse student body.

☆ Resilience is about purpose, says Ivanhoé Cambridge president
▼ + stars: | 2022-12-15 | 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 EmailResilience is about purpose, says Ivanhoé Cambridge presidentNathalie Palladitcheff, president and CEO of Canadian real estate company Ivanhoé Cambridge, discusses resilience, and how risk can be assessed in real estate amid volatile market conditions.

☆ Fact Check-Cambridge Dictionary expanded, not changed its definition of “woman”
▼ + stars: | 2022-12-14 | by ( Reuters Fact Check | ) www.reuters.com time to read: +1 min

The Cambridge Dictionary updated its definition of the word “woman” to include a further definition that includes transgender women. However, social media users sharing the new definition mistakenly claim the dictionary replaced existing definitions of “woman” with the description. This meaning was added on Oct. 27 and reflects how the word “woman” is being used, a Cambridge Dictionary spokesperson told Reuters. The Cambridge Dictionary did not change its definition of “woman” but added another definition as a further meaning. Read more about our work to fact-check social media posts here .

☆ Fact Check-Cambridge Dictionary expanded, not replaced its definition of “woman”
▼ + stars: | 2022-12-14 | by ( Reuters Fact Check | ) www.reuters.com time to read: +2 min

The Cambridge Dictionary updated its definition of the word “woman” to include a further definition that includes transgender women. However, social media users sharing the new definition mistakenly claim the dictionary replaced existing definitions of “woman” with the description. Cambridge Dictionary now says the word ‘WOMAN’ means ‘men’,” said one person in a Facebook post. This meaning was added on Oct. 27 and reflects how the word “woman” is being used, a Cambridge Dictionary spokesperson told Reuters. The Cambridge Dictionary did not replace its definition of “woman” but added another definition as a further meaning.

Companies’ impact on biodiversity and ecosystems would become an integral part of sustainability reporting under new plans that aim to create a more complete assessment of how businesses harm the environment. Corporations should explain to investors how they are managing resources sustainably, according to reporting rules proposed Wednesday by the International Sustainability Standards Board, an arm of the International Financial Reporting Standards Foundation, an accounting-standards body. The trial could act as a beacon for such reporting and make other companies more comfortable with the idea of reporting their biodiversity impact voluntarily, Ms. Saint-Laurent said. Overcoming reporting challengesGathering data on biodiversity still poses a challenge for corporations and can often involve expensive teams of dozens of experts. “We’re not quite at the point where we’re able to have one single number,” she said, adding, “it’s multiple numbers that show performance.” Unlike carbon-emissions reporting, biodiversity assessment can be complicated and expensive.

☆ Moderna's CEO predicts how the biotech's work in cancer vaccines could transform healthcare, starting with your annual physical
▼ + stars: | 2022-12-14 | by ( Andrew Dunn | ) www.businessinsider.com time to read: +5 min

Personalized cancer vaccines could provide a new way to fight early cancer cases. Moderna CEO Stéphane Bancel told Insider he thinks cancer vaccines can upend cancer care. In an interview, Bancel shared his vision on how these personalized cancer vaccines could transform cancer care. Based off the blood work, Moderna would design vaccines that target the genetic mutations in cancerous cells that stand out from healthy cells. The blood tests could find cancer before it grows too much, and mRNA vaccines could squash it.

☆ Moderna says personalized mRNA cancer vaccine is effective for advanced melanoma
▼ + stars: | 2022-12-13 | by ( The Associated Press | ) www.nbcnews.com time to read: +2 min

The company said a possible melanoma vaccine it is studying with pharmaceutical giant Merck fared well in a small study of patients who had the cancer surgically removed. The drugmakers said a combination of the vaccine and Merck’s immunotherapy Keytruda led to a statistically significant improvement in survival before the cancer returned in patients with advanced melanoma. “We are very excited, we are moving very quickly with Merck onto phase 3 for this study,” Moderna CEO Stephane Bancel told CNBC Tuesday morning. Like Spikevax, the potential skin cancer vaccine uses mRNA technology. The patient group that took the potential vaccine and Keytruda saw a 44% reduction in the risk of death or the cancer returning, the companies said.

☆ Moderna just used a personalized vaccine to treat cancer, and it could signal a major breakthrough in how we treat the disease
▼ + stars: | 2022-12-13 | by ( Andrew Dunn | ) www.businessinsider.com time to read: +4 min

Moderna's cancer vaccine lowered the risk of death or skin-cancer recurrence in a midstage study. Moderna's CEO Stéphane Bancel compared the cancer study results to the initial outbreak of COVID-19, when Moderna scrambled to respond and develop a vaccine. Bancel said Moderna and its partner, Merck, would launch multiple late-stage studies in 2023 to test the cancer vaccine in not just melanoma patients but other types of cancer. Merck paid $250 million earlier this year to jointly develop Moderna's vaccine, extending a partnership between the two drugmakers that began in 2016. Study results have yet to be presented at a conference or published in a journal.

Researchers for decades have attempted to recreate nuclear fusion – replicating the fusion that powers the sun. Nuclear fusion happens when two or more atoms are fused into one larger one, a process that generates a massive amount of energy as heat. Scientists across the globe have been inching toward the breakthrough, using different methods to try to achieve the same goal. This heat can then be used to warm water, create steam and power turbines to generate power. “The opposing argument is that this result is miles away from actual energy gain required for the production of electricity,” he said.

☆ King Charles III releases first Christmas card of his reign
▼ + stars: | 2022-12-12 | by ( Issy Ronald | ) edition.cnn.com time to read: +1 min

NOT FOR USE AFTER 31 DECEMBER, 2021, WITHOUT PRIOR PERMISSION FROM KENSINGTON PALACE). All other requests for use should be directed to the Press Office at Kensington Palace in writing. In this image released today Friday, December 10, 2021, Princess Charlotte, Prince William, Duke of Cambridge, Catherine, Duchess of Cambridge, Prince Louis and Prince George are pictured in Jordan earlier this year. MANDATORY CREDIT: The Duke and Duchess of Cambridge. (Photo by Handout/Getty Images)The Duke and Duchess of Cambridge/Handout/Getty Images

☆ Workers who tested 4-day workweek say they'll never return to 5 days—or only with a huge pay bump
▼ + stars: | 2022-12-09 | by ( Jennifer Liu | ) www.cnbc.com time to read: +6 min

And leaders say they're willing to continue because the business didn't suffer. On average, businesses decreased their schedules by six hours, from about 41 to 35 hours per week per employee. 'Once you give people a four-day workweek, how do you take it back?' But company president Mike Neundorfer, who's been interested the four-day week concept for a while now, says they're trending the right direction. There's no going back, Mathew says, for the organization or for her personally: "Once you give people a four-day workweek, how do you take it back?

☆ Oldest DNA reveals life in Greenland 2 million years ago
▼ + stars: | 2022-12-07 | by ( Associated Press | ) www.nbcnews.com time to read: +5 min

NEW YORK — Scientists discovered the oldest known DNA and used it to reveal what life was like 2 million years ago in the northern tip of Greenland. With animal fossils hard to come by, the researchers extracted environmental DNA, also known as eDNA, from soil samples. Studying really old DNA can be a challenge because the genetic material breaks down over time, leaving scientists with only tiny fragments. In their study, published Wednesday in the journal Nature, they compared the DNA to that of different species, looking for matches. He worked on the study that previously held the “oldest DNA” record, from a mammoth tooth around a million years old.

☆ Oldest DNA sheds light on a 2 million-year-old ecosystem that has no modern parallel
▼ + stars: | 2022-12-07 | by ( Katie Hunt | ) edition.cnn.com time to read: +6 min

CNN —A core of ice age sediment from northern Greenland has yielded the world’s oldest sequences of DNA. They then compared the DNA fragments with existing libraries of DNA collected from both extinct and living animals, plants and microorganisms. It was super exciting when we recovered the DNA (to see) that very, very different ecosystem. They found no DNA from carnivores but believe predators — such as bears, wolves or even saber-toothed tigers — must have been present in the ecosystem. Further study of environmental DNA from this time period could help scientists understand how various organisms might adapt to climate change.

[1/2] Test tubes are seen in front of displayed Pfizer and Biontech logos in this illustration taken, May 21, 2021. Moderna first sued Pfizer in August, accusing the company of violating its rights in three patents related to innovations that Cambridge, Massachusetts-based Moderna said it pioneered before the COVID-19 pandemic. Moderna has also filed a related lawsuit against Pfizer and BioNTech in Germany. In its lawsuit, Moderna asked for an undisclosed amount of money damages from Pfizer COVID-19 vaccines sold since March. Pfizer and BioNTech said in their Monday filing that they developed their vaccine independently, calling Moderna's lawsuit "revisionist history" and arguing its patents "far exceed its actual contributions to the field."

☆ Chattermill helps Amazon and Uber understand customer feedback across social media and review sites. Check out the 14-slide pitch deck it used to raise a $26 million Series B.
▼ + stars: | 2022-12-06 | by ( Tasmin Lockwood | ) www.businessinsider.com time to read: +5 min

London-based Chattermill has raised $26 million to analyze customer feedback for big firms. Isupov had been working at a market research company, manually looking at customer feedback and brand perception. That essentially is a huge waste of opportunity because there is a lot of amazing insight in that data," Dubov added. As well as scraping internet data, Chattermill plugs into SurveyMonkey, Typeform, and Qualtrics. It is honoring some signed contracts with Russian customers, of which none are Kremlin-affiliated or on a sanctions list, Dubov said.

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