Daily Archives: 06.10.2020

Survey Says: Fintech On The Rise During COVID

Eighty percent of Americans now say they can manage their finances without a physical bank branch, according to a new survey commissioned by Plaid. Fintech is viewed as the “new normal” by 73 percent of Americans, according to the report, and 67 percent plan to continue managing most of their finances digitally after COVID. Plaid commissioned the report to understand ...

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‘Never So Much Time’: Remembering STS-41 and Ulysses, 30 Years On

Ulysses drifts serenely above Earth in the moments after deployment on 6 October 1990. Shortly after this image was taken, the attached Inertial Upper Stage (IUS) and Payload Assist Module (PAM)-S boosters would propel the craft faster than any previous man-made object out of Earth’s gravitational clutches. Photo Credit: NASA Three decades ago, today, on 6 October 1990, the crew ...

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Estonia’s central bank launches research project to assess digital currency

The Bank of Estonia (Eesti Pank) is launching a multi-year research project to assess the suitability of its e-Government technology in operating a central bank digital currency. The initiative, in collaboration with the technology companies Guardtime, the long-term blockchain partner of the Estonian government, and The SW7 Group, will focus on a solution based on the KSI Blockchain, a core ...

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Toward a machine learning model that can reason about everyday actions

The ability to reason abstractly about events as they unfold is a defining feature of human intelligence. We know instinctively that crying and writing are means of communicating, and that a panda falling from a tree and a plane landing are variations on descending. Organizing the world into abstract categories does not come easily to computers, but in recent years ...

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Tourism Recovery Taskforce urges VAT cut, more grants

Tourism supported 260,000 jobs prior to the onset of the Covid-19 pandemic in early 2020 A cut in the tourism and hospitality VAT rate, an extra bank holiday, increased spending on marketing and grants of €120m are among the suggestions put forward by the taskforce established to look at ways of helping the tourism industry recover from Covid-19. The Tourism ...

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2020 Is The Year Of The SPAC

If direct listings were the most-talked-about way to go public in 2019, SPACs are the new direct listings. Special purpose acquisition companies (SPACs) have been popping up in SEC filings left, right and center, with high-profile names often attached to them: venture capitalist Chamath Palihapitiya, former Speaker of the House Paul Ryan and LinkedIn co-founder Reid Hoffman have all launched ...

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NG-14 Cygnus Arrives at Space Station, Ahead of Expedition 64 Launch Next Week

The 57.7-foot-long (17.6-meter) Canadarm2 edges ever closer to the NG-14 Cygnus cargo ship, ahead of Monday’s grapple and berthing. Photo Credit: NASA Four spacecraft are safely moored at the International Space Station (ISS) today, as Northrop Grumman Corp.’s NG-14 Cygnus supply ship—named in honor of STS-107 astronaut Kalpana “K.C.” Chawla—was robotically captured and berthed at the Earth-facing (or “nadir”) port ...

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