By Charles PillerDec. 6, 2018 , 2:00 PM A few years ago, scientists funded by the Wellcome Trust, one of the world's wealthiest private philanthropies, published sobering findings about the deadly effects of air pollution. In a long-term study of elderly residents of Hong Kong, China, those exposed to higher levels of smog—especially tiny particles of soot produced by burning fossil fuels—were more likely to die of cancer than people who breathed cleaner air. The study, published in Cancer Epidemiology, Biomarkers & Prevention in 2016 by researchers from the University of Hong Kong and the University of Birmingham in the United Kingdom, is one of many to highlight the health threats posed by soot. And it is just one product of the extensive investments that Wellcome, with $29.3 billion in assets, has made in environmental science. "We aim to stimulate research excellence and develop global collaborations to drive change," the London-based philanthropy explains on a web … [Read more...] about Private research funders court controversy with billions in secretive investments
Public private partnership world bank
WASHINGTON--(BUSINESS WIRE)--Apr 26, 2018--Mastercard and IFC, a member of the World Bank Group, today bolstered their partnership to drive financial inclusion, updating a $250 million global risk-sharing facility to expand access to electronic payments in emerging markets.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180426005244/en/Stephanie von Friedeburg, IFC Chief Operating Officer and Michael Froman, Vice Chairman and President, Strategic Growth at Mastercard Sign Updated Agreement in Washington, DC on Sunday During the World Bank's Annual Spring Meeting. (Photo: Business Wire)Electronic payments help underserved people and small businesses more fully participate in the formal economy. Yet, financial institutions in emerging markets often have difficulty covering their transaction settlement obligations, making it harder to rapidly scale financial services where they are needed most.Updating an agreement originally … [Read more...] about IFC and Mastercard Expand Partnership to Drive Greater Financial Inclusion in Emerging Markets
LOS ANGELES--(BUSINESS WIRE)--Apr 23, 2018--Star Mountain Capital, Star Mountain Charitable Foundation (SMCF), Military Leadership Circle (MLC), Military and Veterans Appreciation Trust (MVAT) and the Resurrecting Lives Foundation will host a special luncheon, entitled ‘Bridging the Civil-Military Divide: Panel Discussion, Lunch & Networking Event’ on Sunday, April 29, 2018 from 11:00am – 1:00pm (PDT) in Los Angeles, CA. Our Speakers include:Brett Hickey, Founder & CEO, Star Mountain Capital and Founder, Star Mountain Charitable FoundationMatt Driskill, Founder, Military Leadership CircleDon Schwarz, Chairman, Military and Veterans Appreciation TrustDr. Chrisanne Gordon, Founder & Chairwoman, Resurrecting Lives FoundationThe discussion will feature brief remarks from public and private sector leaders on policy and partnership solutions focused on:Opportunities for small and medium-sized businesses to hire … [Read more...] about Bridging the Civil-Military Divide: Panel Discussion, Lunch & Networking Event
Video: Firm finds kill switch after massive memcached DDoS attacksA team of cybersecurity researchers has come up with a proposal to help the Netherlands ward off the threat of distributed denial-of-service (DDoS) attacks.Their concept is to create a "national DDoS radar system" that could, in extreme cases, see Dutch networks disconnected from the outside world.The Netherlands was earlier this year hit by a wave of DDoS attacks that took out banks such as ABN Amro and ING Bank, along with the Dutch Taxation Authority. Although some initially pointed to the Russians as the culprits, police ended up arresting a local 18-year-old.The attacks alarmed researchers working at or associated with the University of Twente. "We were starting to worry about DDoS attacks and their scale, and then the attacks happened on the banks in the Netherlands," Jeroen van der Ham, a guest researcher at the university, told ZDNet. "They had a very big effect and that worried us. We were so surprised as … [Read more...] about Can this ‘national DDoS radar’ plan help fight off attacks on Dutch critical systems?
Spotify’s successful direct listing could change the way tech’s “unicorns” go public, possibly even saving them some money. But let’s not get self-righteous about it—this is still capitalism. Typically, when companies go public, they follow an elaborate series of protocols. They hire bankers, who charge tens of millions of dollars to help them craft a narrative, woo investors in highly orchestrated “road shows,” gauge investor demand, pre-sell shares, and then, after the CEO triumphantly rings the stock exchange opening bell and conducts breathless TV interviews (“I’m humbled”), the bankers carefully float the stock to ensure a smooth first day of trading. Spotify’s direct listing skips all of that. It’s an unusual form of going public typically used by small companies, not high-profile consumer-facing tech firms valued at $29.5 billion. By directly listing, Spotify saved a little money (but not that much) on … [Read more...] about Spotify Shunned an IPO. Now It’s Just Another Public Company