Hedge fund Melvin sustains 53% loss after Reddit onslaught
$4.5 billion drop in assets after bets against the likes of GameStop go sour. Enlarge (credit: Innocenti | Getty Images) Melvin Capital, the hedge fund that was wrongfooted by retail traders who drove up shares in GameStop and other companies.....»»
Protein involved in the early stages of age-related macular degeneration offers hope for prevention
Age-related macular degeneration (AMD) is a leading cause of irreversible vision loss in the United States. Despite existing treatments, the underlying causes of this disease and effective therapies remain elusive. Research published in the journal D.....»»
Dish creditors “revolt” over DirecTV merger, try to block loss-making deal
Debt holders oppose $1.6 billion value reduction, throwing wrench into TV merger. DirecTV's agreement to buy the Dish satellite and streaming TV business from EchoStar is facing o.....»»
YouTube app ‘Juno’ for Apple Vision Pro removed from visionOS App Store
While Google seems in no hurry to build a YouTube app for Apple Vision Pro, developers such as Christian Selig (known for his work on Apollo for Reddit) have created alternative apps to access the platform on visionOS. Unfortunately, it seems that Go.....»»
Q&A: Extreme weather is disrupting lives in southern Africa—new policies are needed to keep the peace
Over the past decades, heavy and more frequent rainfall and dry spells in southern Africa have caused loss and damage to agriculture, livestock, the energy sector, food security and nutrition......»»
Taxpayers should fund trans surgery for inmate who murdered baby, judge rules
Taxpayers should fund trans surgery for inmate who murdered baby, judge rules.....»»
European Space Agency releases new strategy for Earth observation
The European Space Agency (ESA) has released its new Earth Observation Science Strategy, Earth Science in Action for Tomorrow's World. Responding to the escalating threats from climate change, biodiversity loss, pollution and extreme weather and the.....»»
In fear of more user protests, Reddit announces controversial policy change
Moderators now need Reddit's permission to turn subreddits private, NSFW. Enlarge (credit: Silas Stein/picture alliance via Getty Images) Following site-wide user protests last year that featured moderators turning thous.....»»
Nio secures $1.9 billion injection from parent, shareholders
A cash burn has triggered analysts’ concerns, and Nio, which has never been profitable, reported a 4.5 billion yuan second-quarter loss, though sales surged to 17.5 billion yuan......»»
Workplace well-being programs often don"t work—but here"s how to make them better
The World Health Organization (WHO) has just published alarming statistics showing that employee mental health issues result in a US$1 trillion (£747 billion) loss in productivity each year. The WHO has called on employers to take urgent action by i.....»»
Forest loss forces langur species to interbreed, study shows
Research shows a threatening development for two endangered primate species in Bangladesh: Phayre's langurs (Trachypithecus phayrei) and capped langurs (Trachypithecus pileatus). In mixed groups of these two species, hybrids have been found and genet.....»»
Galaxy Buds FE Causes Hearing Loss After Exploding in User’s Ear
At the moment, no other incidents of the same issue have been recorded. The post Galaxy Buds FE Causes Hearing Loss After Exploding in User’s Ear appeared first on Phandroid. Samsung hasn’t had the best of luck when it comes to.....»»
Climate change accelerates vulnerability and loss of resilience of a key species for the Mediterranean ecosystem: Study
A study by the University of Barcelona has analyzed the ability of red gorgonians (Paramuricea clavata), a key species for the Mediterranean marine ecosystem, to resist and recover after marine heat waves......»»
Scientists uncover a critical component that helps killifish regenerate their fins
Spontaneous injuries like the loss of a limb or damage to the spinal cord are impossible for humans to repair. Yet, some animals have an extraordinary capacity to regenerate after injury, a response that requires a precise sequence of cellular events.....»»
Extreme polar light environment of the North and South Poles sustains biodiversity, researchers suggest
Researchers working in Finland propose that the unique light environment of the Earth's polar regions creates conditions that result in circumpolar hybrid zones around the North and the South Poles. These extreme conditions increase the synchrony of.....»»
Educators and parents reveal culture of fear, censorship, and loss of learning opportunities in wake of FL policies
How can a teacher discuss Jim Crow laws without breaking state law? Should a librarian stop ordering books with LGBTQ+ characters? A new white paper by UC San Diego and NYU researchers reveals the experiences of K-12 educators and parents in Florida.....»»
White House picks Monroe Capital to develop $1 billion fund for auto suppliers
The fund will help smaller firms along the supply chain gain access to capital in what is an underserved market in finance, despite being a trillion-dollar industry, CEO Theodore Koenig said......»»
Fed jumbo rate cut puts pressure on money market fund investors
Fed jumbo rate cut puts pressure on money market fund investors.....»»
N.Y. pension buying Vista stake tied to late billionaire Brockman
New York State Common Retirement Fund agreed to pay as much as $350 million for Vista Equity Partners fund stakes tied to late billionaire Robert Brockman, an original investor in the private equity firm, according to people familiar with the matter......»»
VinFast Q2 loss widens on impairment charge, higher overseas outlays
Revenue jumped 33 percent quarter-on-quarter to $357 million but the deeper loss underscores the risks of VinFast's aggressive expansion strategy ......»»
Obesity-Drug Pioneers Win Prestigious Lasker Award for Medical Science
Three scientists are honored for developing a class of blockbuster weight-loss drugs. Is a Nobel prize on the way?.....»»