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Fintech Focus For September 30, 2020
Tuesday, September 29, 2020 - 9:05pm | 2989Quote Of The Day: The man with a new idea is a crank, until the idea succeeds. - Mark Twain Fintech Movers: Brian Armstrong, CEO of Coinbase, took a strong stance against employee-driven corporate activism over the weekend, explaining that, going forward, his company would be “mission...
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3M Working With MIT To Develop New Coronavirus Rapid Diagnostic Test
Wednesday, July 15, 2020 - 6:57am | 2933M Co (NYSE: MMM) is working with Massachusetts Institute of Technology researchers to explore the viability and accuracy of a new rapid test for COVID-19 that could potentially provide accurate diagnosis in minutes and is suitable for mass manufacturing. What Happened The rapid test has been...
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Buffalo Wild Wings To Deliver Food By Drone
Tuesday, June 16, 2020 - 12:22pm | 712A Mobile, Alabama franchisee of a Buffalo Wild Wings restaurant wants to deliver food to nearby customers' doors by drone. To test the service, Brian Jordan of Potters Wings Mobile partnered with Deuce Drone. The two companies plan to begin local food deliveries by drone in late August. "...
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Michigan-Based Derq Assists Dubai Silicon Oasis Authority With Smart City Solutions
Thursday, June 11, 2020 - 11:33am | 402Derq, a predictive analytics solution that leverages deployable cameras, sensors, and AI to increase user safety and awareness, formally announced its partnership with the Dubai Silicon Oasis Authority (DSOA). Empowering Public Safety As part of the partnership, DSOA will have access to a...
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MIT Finds No Evidence Bill Gates, Leon Black Acted To 'Launder' Jeffrey Epstein's Money
Friday, January 10, 2020 - 5:01pm | 355While the Massachusetts Institute of Technology accepted $850,000 from convicted sex offender Jeffrey Epstein over several years, there's no evidence Epstein used Bill Gates or Apollo Global Management Founder Leon Black to funnel money to the school, an independent report released Friday found...
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Uji Capital's Broderick Donates $9M To Harvard, MIT For Cannabinoid Research
Wednesday, May 1, 2019 - 3:46pm | 376Harvard and MIT will receive $4.5 million each for cannabinoid research. The donation comes from the universities' alumnus Charles Broderick, the managing director of Uji Capital, a New York family office with extensive investments in the cannabis industry. What Happened Harvard Medical School...
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Alibaba Is Setting Aside $15 Billion For R&D Spend Across The World
Wednesday, October 11, 2017 - 8:52am | 343Alibaba Group Holding Ltd (NYSE: BABA) desires to transform itself from a Chinese e-commerce giant into a global e-commerce giant may have been made more apparent after announcing plans to spend $15 billion across the world. Alibaba said Wednesday it will spend billions of dollars over the next...
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MIT Researchers Make Strides In Robotic Limbs
Friday, June 2, 2017 - 3:35pm | 523Imagine an artificial limb that responds to muscle movement and can bend at the knee or elbow almost as deftly as the real deal. Researchers at the Massachusetts Institute of Technology did just that on rats, and the potential result is a breakthrough in the science of blurring the line between man...
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Did You Hear About MIT's New Civil Disobedience Award?
Thursday, March 16, 2017 - 8:37am | 357Did you hear about the MIT Media Lab's new proposition? If not, it's simple: win $250,000 by breaking the rules or shaking up the status quo. Yes, that's right. The MIT Media Lab's "Disobedience Award" will be presented to "a person or group engaged in what we believe...
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Princeton Vs. MIT: Who's Got The Better Investing Strategy?
Monday, October 3, 2016 - 5:05pm | 823The Peeptrade University Challenge kicks off Monday, where graduate students from nine top business schools will manage competing portfolios of $10,000 for 2 months. As the contest gets underway, Benzinga caught up with one of the members of the MIT and Princeton teams to find out how they...
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Autonomous Driving Goes Beyond Cars With The 'Roboat' Project
Monday, September 19, 2016 - 4:28pm | 324Ford Motor Company (NYSE: F), General Motors Company (NYSE: GM), Tesla Motors Inc (NASDAQ: TSLA), Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG), Uber, Mobileye NV (NYSE: MBLY) and Delphi Automotive PLC (NYSE: DLPH) are some of the most notorious players in the autonomous driving race. However,...
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Singapore Debuts The World's First Self-Driving Taxi Service
Thursday, August 25, 2016 - 4:22pm | 267Sorry Uber, but MIT spinout nuTonomy just beat you in the self-driving taxi race. The ride-hailing leader announced that it would include self-driving cars in its Pittsburgh fleet as soon as this month. To the surprise of many, nuTonomy became the first company to make driverless cars available...
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Pearson Fails In Testing; Stock Plummets
Friday, July 29, 2016 - 3:17pm | 357Education giant Pearson PLC (ADR) (NYSE: PSO) plummeted nearly 9 percent Friday after missing earnings and revenues estimates in Q2. A major reason for the decline was the drop in testing revenue in the U.S. and the U.K., according to Seeking Alpha. Pearson has lost several U.S. testing contracts...
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Barron's: Why The Stock Market Won't Crash
Sunday, May 29, 2016 - 5:12pm | 600The cover story in this weekend's Barron's offers five reasons why the stock market is unlikely to crash any time soon. The key to the outlook is the historical relationship between crashes and recessions. Other featured articles include the latest Alternatives Monthly report. With the markets...
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Jim Cramer Wants To Sit Down With 'Half-Blind Grandmothers' To Solve Twitter's Woes
Thursday, April 28, 2016 - 9:14am | 278CNBC's Jim Cramer has a plan to save Twitter Inc (NYSE: TWTR) if he were ever to become its chief executive officer. During Cramer's Wednesday night segment of "Mad Money," he said that there "seems to be a lot to like" about Twitter, including a pickup in users, a positive cash flow and a loss...