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Crypto Firm Gemini Halts MIT Hiring Due To Gary Gensler's Presence — Winklevoss Twin Calls Appointing Former SEC Chair A 'Bad Idea'
Thursday, January 30, 2025 - 5:24am | 865Tyler Winklevoss, co-founder of cryptocurrency exchange Gemini, announced a hiring boycott against the Massachusetts Institute of Technology on Wednesday due to its association with former SEC Chair Gary Gensler. What Happened: In an X post, Winklevoss expressed his disapproval of Gensler’s...
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Phew! AI Won't Take Your Job Just Yet, MIT Data Finds — But There's A Caveat
Tuesday, January 23, 2024 - 2:35pm | 1081With fears of job displacement by artificial intelligence spreading far and wide, workers everywhere are trying to predict whether AI will take their jobs, and what to do about it. Yet, researchers at the Massachusetts Institute of Technology (MIT) believe the rate of transformation will be slower...
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Bill Ackman Refutes Plagiarism Claims Against Wife, Says He Didn't Use Wikipedia As Source But For Definition Of 15 Words
Wednesday, January 10, 2024 - 8:09am | 569Bill Ackman, billionaire hedge fund manager, said that they used the Wayback Machine in order to refute allegations of plagiarism against his wife, Neri Oxman, in a long-format post on X (formerly Twitter) on Tuesday. What Happened: Ackman said that the lawyers for the couple used the Wayback...
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Bill Ackman Says Will Review 'Work Of All Current MIT Faculty' Including Its President And Board As Celebrity Academic Wife Faces Scrutiny For Plagued Dissertation
Saturday, January 6, 2024 - 2:12am | 744Billionaire hedge fund manager Bill Ackman has announced that he will now review the "work of all current MIT faculty" after his celebrity wife, Neri Oxman, was accused of plagiarism. What Happened: Ackman made the announcement in a post on X, formerly Twitter, adding that he will include...
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MIT Scientists Develop Solar-Powered Device To Produce Affordable Drinking Water
Monday, October 2, 2023 - 11:46pm | 462A team of scientists from MIT and Shanghai Jiao Tong University have developed a solar-powered desalination system capable of creating drinkable water at a higher volume and lower cost than existing methods. The research, titled "Extreme salt-resisting multistage...
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MIT Raises Stake In This Multibagger India Micro Cap Stock To Over 6.8%
Monday, July 24, 2023 - 8:54am | 281This story was first published on the Benzinga India portal. Massachusetts Institute of Technology raised its stake in India-listed Calcom Vision during the June quarter. As per the latest shareholding data, the U.S.-based institute bought another 114,000 shares of the company. As...
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MIT Has Coupang, Snowflake, Robinhood Among Holdings — How It Adjusted Bets In Q3
Friday, November 4, 2022 - 10:23am | 395The Massachusetts Institute of Technology (MIT) has made two changes in its holdings during the third quarter of this year that includes the purchase of Procept Biorobotics Corp (NASDAQ: PRCT) — a surgical robotics company focused on advancing patient care. According to its 13F filings, MIT...
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MIT Names Ethereum PoS 'Top Technological Breakthrough' In 2022
Tuesday, March 1, 2022 - 9:45am | 540The Massachusetts Institute of Technology has named Ethereum’s (CRYPTO: ETH) upcoming transition to a proof-of-stake blockchain to its list of top technological breakthroughs for 2022. What Happened: In a report published on its technology review website, MIT explained how a proof-...
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EXCLUSIVE: FTX CEO Sam Bankman-Fried On Regulation, Tokenization, Building 'A Global Liquidity Venue'
Wednesday, December 22, 2021 - 8:30am | 1316One would think that a deep passion for something as nuanced as blockchain and cryptocurrency would be requisite for success in such space. That’s not really the case, according to Sam Bankman-Fried, the 29-year-old billionaire co-founder of FTX and Alameda Research. Bankman-Fried’...
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MIT Looks At Sustainability — Net-Zero Carbon
Monday, August 16, 2021 - 4:29pm | 265Norfolk Southern isn't just in the business of moving freight, they're in the business of a better planet. To learn more about Norfolk Southern's industry-leading sustainability initiatives, go to nscorp.com/betterplanet. Sustainability is trendy, but how do companies turn trends into action? Net...
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MasterClass Co-Founder Secures $30M Series B Funding For Online Education Platform Outlier
Thursday, April 22, 2021 - 9:14am | 1095Nearly 600,000 first-year college students take calculus annually in the U.S., and 250,000 fail, according to Woodie Flowers, professor of mechanical engineering at MIT. At $2,000 per failed course, that’s nearly $500 million in losses for students each year. How can that failure...
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Fintech Focus For March 23, 2021
Monday, March 22, 2021 - 5:59pm | 1880Quote To Start The Day: Behind every great man is a woman rolling her eyes. Source: Jim Carrey One Big Thing In Fintech: As soon as July, officials at the Federal Reserve Bank of Boston and the Massachusetts Institute of Technology, which have been developing prototypes for a digital dollar...
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Exclusive: VC And Business Founder Randall Kaplan Talks Life, Relationships And Innovation
Monday, March 15, 2021 - 8:16am | 2148“When someone tells me something can’t be done, I think there’s always a will and a way.” That’s according to Randall Kaplan, an American entrepreneur and venture capitalist working to fuel the next wave of disruptive innovation and inspire tomorrow’s leaders....
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Fintech Focus For December 21, 2020
Sunday, December 20, 2020 - 11:32pm | 1674Quote To Start The Day: When you feel like giving up, remember why you held on for so long in the first place. Source: Paulo Coelho One Big Thing In Fintech: Seed and angel deals are projected to fall to 37% of total deal activity in 2020, down from 42% in 2019. We expect Series B rounds to finish...
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Fintech Focus For December 14, 2020
Sunday, December 13, 2020 - 8:23pm | 1738Quote To Start The Day: We’re really trying to encourage progress, not to force it. Source: Adena Friedman One Big Thing In Fintech: Massachusetts Mutual Life Insurance Co. is jumping into the institutional bitcoin game with a $100 million investment in bitcoin and a $5 million equity stake...