Lifeboat Foundation

Venture capitalist Chamath Palihapitiya stunned CNBC anchor Scott Wapner and generated widespread applause on social media by declaring in a television interview Thursday that the U.S. government should let hedge funds and billionaire CEOs “get wiped out” by the coronavirus-induced economic collapse and instead focus its attention on rescuing Main Street.

When Wapner, seemingly incredulous at what he was hearing, asked Palihapitiya why he would support the collapse of large companies, the Social Capital CEO said “this is a lie that’s been purported by Wall Street.”

Continue reading “Venture Capitalist Stuns CNBC” »

As part of its economic stimulus package, Japan has earmarked $2.2 billion to help its manufacturers shift production out of China. The Japanese government’s panel on future investment had last month discussed the need for manufacturing of high-added value products to be shifted back to Japan, and for production of other goods to be diversified across Southeast Asia.

👏Europe’s largest economy is looking to make its post-virus recovery compatible with its ambition of becoming carbon-neutral by 2050.

The EU has similarly pledged to make its stimulus plan aligned with its climate commitments.

Germany’s green energy shift may get a financial shot in the arm when the impact of the coronavirus ebbs, according to a senior member of Chancellor Angela Merkel’s cabinet.

Continue reading “Germany Touts Green Stimulus in Post Covid-19 Policy Push” »

An ongoing long-term trial suggests high levels of amyloid proteins in the brain do serve as an early sign of Alzheimer’s disease before cognitive decline becomes apparent.

A new study presenting the first data from a long-running US government trial is suggesting high levels of amyloid proteins in the brains of cognitively normal older adults can be an effective presymptomatic sign of early stage Alzheimer’s disease.

Over the last few decades, the amyloid hypothesis has guided the majority of research into an Alzheimer’s disease treatment. The idea is that a build up of toxic amyloid proteins in the brain, called plaques, is the primary degenerative driver behind the disease.

Continue reading “Alzheimer’s trial supports high amyloid levels as early sign of disease” »

The Spanish government is taking action in the wake of the coronavirus outbreak.

So-called zero-day exploits—hacking techniques that take advantage of secret software flaws—were once the calling card of only the most sophisticated hackers. But today, the global map of zero-day hacking has expanded far beyond the United States, Russia, and China, as more countries than ever buy themselves a spot on it.

Security and intelligence firm FireEye today released a sweeping analysis of how zero days have been exploited worldwide over the last seven years, drawing in data from other security research organizations’ reporting as well as Google Project Zero’s database of active zero days. FireEye was able to link the use of 55 of those secret hacking techniques to state-sponsored operations, going so far as to name which country’s government it believes to be responsible in each case.

The resulting map and timeline, with a tally of which countries have used the most zero days over the last decade, are far from comprehensive. Countries like the US almost certainly have used zero days that remain undetected, FireEye acknowledges, and many others couldn’t be pinned with certainty on any particular country. But it does show how the collection of countries using those hacking techniques now includes less expected players like the United Arab Emirates and Uzbekistan.

The Royal Society is to create a network of disease modelling groups amid academic concern about the nation’s reliance on a single group of epidemiologists at Imperial College London whose predictions have dominated government policy, including the current lockdown.

It is to bring in modelling experts from fields as diverse as banking, astrophysics and the Met Office to build new mathematical representations of how the coronavirus epidemic is likely to spread across the UK — and how the lockdown can be ended.

The first public signs of academic tensions over Imperial’s domination of the debate came when Sunetra Gupta, professor of theoretical epidemiology at Oxford University, published a paper suggesting that some of Imperial’s key assumptions could be wrong.

Continue reading “Coronavirus: tensions rise over scientists at heart of lockdown policy” »

This week, the U.S. government approved the first blood test in the country that will look for the antibodies produced by the body to fight the novel coronavirus. Such a test can reveal whether someone is actively infected by the virus, as well as whether they were previously infected but recovered. While these tests are very much needed to better understand the scale of the outbreak, they have a few major limitations.

On Thursday, the Food and Drug Administration issued an Emergency Use Authorization to a covid-19 antibody test developed by the company Cellex. The test looks for two types of antibodies, IgM and IgG, created by the body’s immune system in response to the new coronavirus, known as SARS-CoV-2. The test, which requires blood drawn from a vein, can return results within 15 to 20 minutes, though the testing itself has to be done in a certified laboratory, not at a doctor’s office, unlike some other rapid covid-19 tests.

congress

“The big test for the administration right now is: Can you scale up the production of hundreds of millions of tests,” he says.