Wednesday, February 1, 2023

February 1, 2023 - IOC Rejects Russian Demand That Its Athletes Compete Without Restrictions

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From the Editor's Desk

This Is the Kind of Music You Should Listen to at Work

They say that listening to Mozart makes a person smarter, but it is not only classical music that boosts mental activity.

Nine out of 10 workers perform better  when listening to music, according to a study that found 88pc of participants produced their most accurate test results and 81pc completed their fastest work when music was playing.

Continued here


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IOC Rejects Russian Demand That Its Athletes Compete Without Restrictions
IOC Rejects Russian Demand That Its Athletes Compete Without Restrictions
IOC rejects Russian demand that its athletes compete without restrictions

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Opinion: How Russia outmaneuvered the US in Africa | CNN
Opinion: How Russia outmaneuvered the US in Africa | CNN
According to the 2022 African Youth Survey, 74% of young Africans say democracy is preferable to any other form of government, even if they don't want to be carbon copies of the West.

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Seeing a Prize, Russia Inundates a Ukraine City With Troops
Seeing a Prize, Russia Inundates a Ukraine City With Troops
And last week, the United States and Germany agreed, after a prolonged Ukrainian campaign, to provide battle tanks to Ukraine, among other military aid. Ukraine is also pressing its allies for jet fighters, although President Biden has resisted sending Ukraine F-16s.

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Trump's Well-Worn Legal Playbook Starts to Look Frayed
Trump's Well-Worn Legal Playbook Starts to Look Frayed
Since becoming president, Mr. Trump has been in search of his next Roy Cohn. When he was in the White House and a special counsel was appointed to investigate whether his campaign conspired with Russians in the 2016 election and whether he had obstructed justice, one of Mr. Trump’s first impulses was to meet with the people investigating him. He told his lawyers he wanted to sit with the special counsel, Robert S. Mueller III, at the outset.

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US says Russia is not complying with New Start nuclear arms treaty
US says Russia is not complying with New Start nuclear arms treaty
We use cookies and other data for a number of reasons, such as keeping FT Sites reliable and secure, personalising content and ads, providing social media features and to analyse how our Sites are used.

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Perceived corruption in the UK has hit an all-time high
Perceived corruption in the UK has hit an all-time high
Denmark gained the top-ranked spot with a score of 90 out of 100, followed by Finland and New Zealand in joint second place. Russia was way down the rankings at 137th place. South Sudan, Somalia, and Syria—all countries with ongoing internal conflicts—came at the very bottom of the list.












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White House calls Exxon record profit 'outrageous'
White House calls Exxon record profit 'outrageous'
Exxon said it increased investment by about 38% last year. In some key areas, such as Guyana and the Permian Basin, production was up more than 30%, offsetting output lost due to divestments and the change in Russia, the company said.

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Russia-Ukraine war: France to send extra howitzers; military casualties from both sides ‘total 200,000’ â€" as it happened
Russia-Ukraine war: France to send extra howitzers; military casualties from both sides ‘total 200,000’ â€
Kyiv plans to launch a major counteroffensive to recapture swathes of territory taken by Russia in the south and east of the country, but is concerned that Russia could launch its own major offensive in the coming weeks or months.

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US and UK rule out sending F-16 fighter jets to Ukraine
US and UK rule out sending F-16 fighter jets to Ukraine
A higher proportion of Russians had been killed however, the official added, because they had been on the offensive, meaning that “they’ve suffered more fatalities than the Ukrainians on balance”.

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4 Startup Terms Explained With Analogies A 10 Year Old Would Understand
4 Startup Terms Explained With Analogies A 10 Year Old Would Understand
If you dont have any background in business it could be challenging to understand a lot of the commonly used startup jargon. So, here are some of the most important startup terms explained with analogies appropriate for a ten year old.


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Narcissists share these 5 toxic money habits, says psychologist: 'They often go unnoticed or ignored'
Narcissists share these 5 toxic money habits, says psychologist: 'They often go unnoticed or ignored'
Narcissistic personality traits are on the rise, and it can be toxic in relationships where money is involved. Dr. Ramani Durvasula, a psychologist and expert on extreme self-involvement, shares the most common signs of a narcissist and how to deal with them.


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Sometimes I am in a daze and hide: Hong Kong star Tony Leung gets quirky online
Sometimes I am in a daze and hide: Hong Kong star Tony Leung gets quirky online
Hong Kong actor Tony Leung Chiu-wai has shot to mainland social media prominence after an introspective, 44-second message he posted on the short-video app, Douyin, garnered him nearly a million new followers in just six hours.


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Final Boeing 747 jet on the runway to Atlas Air
Final Boeing 747 jet on the runway to Atlas Air
Boeing will deliver its last 747 model jet to cargo carrier Atlas Air Tuesday after over 50 years and 1,574 jets made.


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South Korean exports tumble in January on rapidly cooling global demand
South Korean exports tumble in January on rapidly cooling global demand
Exports by Asias fourth-largest economy fell 16.6 per cent in January from a year earlier. Read more at straitstimes.com.


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Elon Musk Champions Twitter Fact-Checking Feature That Corrects Him
Elon Musk Champions Twitter Fact-Checking Feature That Corrects Him
Community Notes, which uses an algorithm to combat false and misleading information, has corrected tweets from the new platform owner himself.


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DARPA wants to push the boundaries of where satellites can fly
DARPA wants to push the boundaries of where satellites can fly
With Project Daedalus, the Pentagon's R&D wing is interested in satellites that can orbit in a much lower place than others. Here's why.


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Jim Cramer says we're in a bull market, so buy on the dip
Jim Cramer says we're in a bull market, so buy on the dip
Jim Cramer explained why he believes stocks are in a bull market and how investors should look for chances to buy.


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SoftBank s Bets In Startup Hit A Record Low Tightens Funding
SoftBank s Bets In Startup Hit A Record Low Tightens Funding
The firm once participated in USD 30 billion worth of financing rounds in more than 90 startups in a single quarter and participated in just eight investment rounds totaling USD 2.1 billion in the three months ending in December, , softbank, Funding dryness


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Elderly people waited nearly twice as long in A&E in England as in 2021
Elderly people waited nearly twice as long in A&E in England as in 2021
Exclusive: rise in typical delays from nine hours to 16 hours to get care or a bed puts over 80s at greater risk of dying, say doctors


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14-year-old dies after riding a bull for the first time at a rodeo, family says
14-year-old dies after riding a bull for the first time at a rodeo, family says
Paramedics responded to a call of cardiac arrest for a rider identified as Denim Bradshaw, 14, who died after he rode a bull at a rodeo, officials said.


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Will Smith and Martin Lawrence announce 'Bad Boys' sequel | CNN
Will Smith and Martin Lawrence announce 'Bad Boys' sequel | CNN
Bad boys for life! Will Smith and Martin Lawrence announced Tuesday that they are reuniting for another sequel in their "Bad Boys" franchise.


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Man who fired AR-15 rifle in a Target in Nebraska is fatally shot, police say
Man who fired AR-15 rifle in a Target in Nebraska is fatally shot, police say
No customers or workers were hurt, police said. The suspect carried an AR-15 rifle and a lot of ammunition, Omaha Police Chief Todd Schmaderer said.


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Baldwin charged for 'recklessness' in 'Rust' shooting
Baldwin charged for 'recklessness' in 'Rust' shooting
Actor Alec Baldwin was charged with involuntary manslaughter on Tuesday for showing a "reckless" disregard for safety that led to the fatal shooting of cinematographer Halyna Hutchins on the set of Western movie "Rust" in New Mexico in 2021, according to court documents.


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White House blasts Exxon over historical $56 bln annual profit
White House blasts Exxon over historical $56 bln annual profit
The White House on Tuesday expressed outrage on Tuesday at Exxon Mobil Corp's record net profit in 2022 of $56 billion, a historical high not just for the company but for the entire Western oil industry.


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The Relationship Model Is Killing Venture Capital
The Relationship Model Is Killing Venture Capital
The social and racial homogeneity of the venture capital industry has long been a source of frustration for entrepreneurs and investors alike. In recent years, this frustration has boiled over into a full-fledged movement, with a growing chorus of voices arguing that venture capitalists are ...


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Do Sleep Medications Increase Your Chances of Dementia?
Do Sleep Medications Increase Your Chances of Dementia?
People who frequently take sleeping medications are 79% more likely to develop dementia than those who never use sleeping pills to aid their rest.


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PayPal to lay off 7% of employees as part of cost-cutting push
PayPal to lay off 7% of employees as part of cost-cutting push
Chief Executive Dan Schulman announced the layoffs, which will affect about 2,000 PayPal employees, in an email to the staff Tuesday afternoon.


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Chinese broker exposed by FT investigation into North Korea oil trade arrested
Chinese broker exposed by FT investigation into North Korea oil trade arrested
South Korean authorities detain shipping agent amid fears of flight risk after activities revealed


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HubSpot to lay off about 500 employees, consolidate workspace leases
HubSpot to lay off about 500 employees, consolidate workspace leases
HubSpot Inc. said Tuesday it would layoff about 7% of its workforce, or about 500 employees, as part of a plan to cut costs. The internet marketing software...


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You have to actually be broke to file for bankruptcy, a court tells J&J
You have to actually be broke to file for bankruptcy, a court tells J&J
Johnson & Johnson tried to shed its baby powder liabilities by transferring them to a subsidiary and placing that subsidiary in bankruptcy.


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Cash-strapped Pakistan talks to IMF in bid to unlock $7 bln bailout
Cash-strapped Pakistan talks to IMF in bid to unlock $7 bln bailout
Cash-strapped Pakistan on Tuesday held a first round of talks with the International Monetary Fund (IMF) in a bid to unlock stalled funds from a $7 billion bailout to ward off economic meltdown.


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UK housing activity slowing rapidly, Bank of England data shows
UK housing activity slowing rapidly, Bank of England data shows
Mortgage approvals in Britain slumped in December to levels seen during the global financial crisis, Bank of England data showed on Tuesday in a further indication that the housing market is slowing much faster than the consensus predicted.


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Decades-old law forms biggest obstacle to nationwide TikTok ban, lawmaker says
Decades-old law forms biggest obstacle to nationwide TikTok ban, lawmaker says
TikTok's CEO agrees to testify before Congress for the first time in March.


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All countries must help prevent catastrophic war amid China-US tensions, Australian minister says
All countries must help prevent catastrophic war amid China-US tensions, Australian minister says
In a speech in London, Penny Wong calls on nations to examine how they use power and networks to avoid conflict


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Exxon posts record $56bn profit for 2022 in historic high for western oil industry
Exxon posts record $56bn profit for 2022 in historic high for western oil industry
Company took home about $6.3m an hour last year as oil majors expected to break their own annual records


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NetApp, a specialist in cloud data management, says it will lay off 8%, or around 960 people, citing economic climate
NetApp, a specialist in cloud data management, says it will lay off 8%, or around 960 people, citing economic climate
"Macroeconomic challenges and the reduced spending environment" have hit the cloud data management giant NetApp.


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Unlocking the secret to longevity in Nicoya region Costa Rica | Stanford Medicine
Unlocking the secret to longevity in Nicoya region Costa Rica | Stanford Medicine
Researchers seek to understand whats behind the extraordinary longevity and health of people in specific regions of the world.


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Shanti Bhushans Indelible Legacy Will Continue To Inspire Those Who Campaign For Accountability
Shanti Bhushans Indelible Legacy Will Continue To Inspire Those Who Campaign For Accountability
If thereis one phrase which could sum up the life and career of the eminent lawyer andformer Un


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Chinas baijiu makers risk hangover from liquor glut despite new years binge
Chinas baijiu makers risk hangover from liquor glut despite new years binge
Industry was among first to benefit from countrys reopening but distributors struggle to offload inventory


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South Korea Jan exports plunge, govt promises policy support
South Korea Jan exports plunge, govt promises policy support
SEOUL :South Korea on Wednesday posted a record monthly trade deficit for January due mainly to a far worse-than-expected drop in exports, drawing a pledge from government to employ all available resources to revive overseas sales. Finance Minister Choo Kyung-ho, while blaming long holidays in China and other


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MoviePass relaunch has seen 800,000 signups in five days, partner company Usio says
MoviePass relaunch has seen 800,000 signups in five days, partner company Usio says
Financial technology company Usio Inc. announced Tuesday that it was working with MoviePass on its relaunch and that the companies have seen so much...


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UK pulls plug on top tech incubator after setting out to become 'worlds next Silicon Valley'
UK pulls plug on top tech incubator after setting out to become 'worlds next Silicon Valley'
Total VC funding to startups in the U.K. totalled $29.9 billion in 2022, down 27% from $41 billion a year earlier. Global startup investment sank to $233.3 billion, down 33% from $359.6 billion in 2021.


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Factbox: What ending the U.S. COVID health emergency means for your pocket
Factbox: What ending the U.S. COVID health emergency means for your pocket
The U.S. government on May 11 will end the COVID-19 Public Health Emergency (PHE) that allowed millions of Americans to receive vaccines, tests, and treatments at no cost during the pandemic.


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Utilities are cutting off power to millions of Americans amid rising energy costs
Utilities are cutting off power to millions of Americans amid rising energy costs
During pandemic, nonpaying customers were protected against shut-offs. Now millions are losing electricity, gas.


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Covid-19 'baby bump' brought an increased US fertility rate in 2021 -- but also record high preterm births | CNN
Covid-19 'baby bump' brought an increased US fertility rate in 2021 -- but also record high preterm births | CNN
The number of babies born each year in the United States has been steadily dropping since the Great Recession of 2008. When the Covid-19 pandemic hit and brought another burst of uncertainty, many expected an even steeper dropoff.


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Energy X secures $20M at $120M valuation to slash building sector emissions
Energy X secures $20M at $120M valuation to slash building sector emissions
The new round, led by Shinhan Asset Management, brings the startup’s total funding to approximately $31.5 million. The funds will help Energy X expand its marketplace and energy efficiency tech, grow its team from 86 to 114 employees this year, and launch in Japan, Park said. The startup will open an office in Japan in February, Park added.


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Daily Crunch: Cell network provider Google Fi confirms customer data breach
Daily Crunch: Cell network provider Google Fi confirms customer data breach
Finally someone is turning tablets into something you can use other than surfing the internet or watching Netflix. Haje has your look at Plugable’s new dock that turns your tablet or phone into a workstation.


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TechCrunch+ roundup: SaaS spending squeeze, tax time tips, freemium frameworks
TechCrunch+ roundup: SaaS spending squeeze, tax time tips, freemium frameworks
“Every strategy is unique and depends on the company’s idea of how it wants to proceed,” writes Valiotti. “Therefore, you should consider freemium as an extension of your strategy and see if it is right for you.”


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Precision Neuroscience is making brain implants safer, smarter and reversible
Precision Neuroscience is making brain implants safer, smarter and reversible
The $41 million B round will enable Precision to continue working toward its FDA clearance and further develop and support the Layer 7 stack, from hardware to training and customer service. The round was led by Forepont Capital Partners. Mubadala Capital, Draper Associates, Alumni Ventures, re.Mind Capital, Steadview Capital, and B Capital Group.


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Black Americans Are Much More Likely to Face Tax Audits, Study Finds
Black Americans Are Much More Likely to Face Tax Audits, Study Finds
Mr. Neal said he was looking forward to working with the Treasury on the new enforcement measures — and funding levels — that Mr. Biden set in motion last year. “It’s clear we must address the discrimination at the I.R.S.,” he said.


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Teal unwraps $8.8M to build out a telehealth platform for women -- starting with cervical cancer screening
Teal unwraps $8.8M to build out a telehealth platform for women -- starting with cervical cancer screening
Commenting on Metrodora’s investment in a statement, Clinton added: “Solving massive and critical health issues, including adherence to a national cancer screening, requires innovative solutions with expertise across the entire healthcare landscape. Teal understands this complexity and is well positioned to take on the challenge through its dynamic team and strategic partner base, which spans health policy, cancer research, technology, consumer brands, and more.”


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Avoiding the pitfalls of OnlyFans with Rosie Nguyen from Fanhouse
Avoiding the pitfalls of OnlyFans with Rosie Nguyen from Fanhouse
This week, Darrell and Becca catch up with Rosie Nguyen, the co-founder and CCO of Fanhouse, a startup that helps content creators monetize their work. Rosie talked about her initial reluctance to become an entrepreneur but how issues at other content platforms pushed her to launch Fanhouse. She also talked about intentional choices Fanhouse has made to protect its content creator customers and what it was like to raise as a founder without a traditional network.


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Thrive Capital believed to be leading new multibillion-dollar investment in Stripe
Thrive Capital believed to be leading new multibillion-dollar investment in Stripe
Got a news tip or inside information about a topic we covered? We’d love to hear from you. You can reach me via Signal at 408.404.3036. Or you can drop us a note at tips@techcrunch.com. Happy to respect anonymity requests. 


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Practice your startup pitch on TechCrunch Live with Benchmark and Cambly
Practice your startup pitch on TechCrunch Live with Benchmark and Cambly
TCL’s mission is still to help founders build better venture-backed businesses. But going into 2023, there’s new urgency behind this mission. TechCrunch Live started in the heady days of 2021, and now in early 2023, the startup world is experiencing new challenges. It’s harder to fundraise, sales cycles are much longer and investors (and their LPs) have different expectations.


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Sentra raises $30M to provide a security layer for data in the cloud
Sentra raises $30M to provide a security layer for data in the cloud
“Since our inception, we have prioritized operational efficiency and have remained focused on growing in a healthy, methodical way that allows us to meet the needs of current customers, as well as our prospects,” Regev said. “Meanwhile, the ever-accelerating shift of data centers to the cloud means that solutions like ours will continue to be in high demand even in the face of an economic downturn or slowdown in tech. Even in times like these, protecting organizational data will remain a top priority for business leaders and their customers.”


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Biden Demands Details on Budget Cuts From McCarthy
Biden Demands Details on Budget Cuts From McCarthy
In the memo, Mr. Deese and Ms. Young said Mr. Biden would demand that Mr. McCarthy “commit to the bedrock principle that the United States will never default on its financial obligations.” They also took aim at some early proposals in the House that would add to the nation’s $31 trillion debt, including a bill passed this month that seeks to undercut an initiative Mr. Biden championed for the Internal Revenue Service to crack down on wealthy tax cheats.


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The Team Slide is the most important slide in a startup pitch deck
The Team Slide is the most important slide in a startup pitch deck
The ugly truth is that if you have a good idea, chances are that there are 10 other teams working on the same idea. It’s unlikely that you are special enough to have a 100% unique idea. It’s unlikely that you are the first founders to pitch a particular idea to a group of investors. So the question morphs into this: Why should the investors back you and your team?


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TrueBiz aims to help financial services providers onboard business customers faster, avoid fraud
TrueBiz aims to help financial services providers onboard business customers faster, avoid fraud
Got a news tip or inside information about a topic we covered? We’d love to hear from you. You can reach me via Signal at 408.404.3036. Or you can drop us a note at tips@techcrunch.com. Happy to respect anonymity requests. 


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TBD Health is rolling out at-home sexual healthcare to all US states
TBD Health is rolling out at-home sexual healthcare to all US states
“The true differentiator of TBD is the care that comes along with the experience. All of our clinicians are trained in sex positivity, they have sensitivity training, and they are trauma-aware. And so with TBD, you are not just getting a test result. You’re getting a partner. So what does that actually look like?” Estey asks rhetorically. “That looks like counseling. That looks like making sure you have the next steps. That looks like making sure that you have resources to think about an STI result both for yourself as well as your partners. We really walk you through the entire process. That is dramatically lacking in healthcare today, which feels very transactional. TBD is all about putting the human and compassionate approach back into the experience and making sure that people feel empowered to take ownership of their sexual healthcare.”


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Cleary raises $4.5M to reinvent the intranet
Cleary raises $4.5M to reinvent the intranet
“The tailwinds of the COVID pandemic continue to shift workplace expectations among knowledge workers, and companies that provide essential tools for remote work will thrive in the years to come,” said Kelly Perdew, general partner at Moonshots Capital. “In addition to a superior product, Cleary has extraordinary leadership from founders with deep domain expertise, and that’s what ultimately leads to success and why we are so excited to partner with Thomas and Ryan.”


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Select Star closes $15M round to add context to disparate data
Select Star closes $15M round to add context to disparate data
Kim expressed confidence that Select Star can compete — and is competing — exceptionally well, though, pointing to a customer base that includes Square parent company Block, Pitney Bowes, Fivetran, Opendoor and Handshake. She declined to comment on revenue metrics, but said that the plan is to double Select Star’s 20-person workforce by the end of the year, suggesting some optimism about the future.


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How to cut your SaaS spending by 30% in 2023
How to cut your SaaS spending by 30% in 2023
This way, you can enter negotiations with the knowledge and time you need to secure the best deal. If you fail to take this time, your supplier could realize that you need a quick turnaround and respond with inflexible terms. Though there is no one-size-fits-all solution, we typically advise that the average company begins the procurement process six to eight months before contract renewal.


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Thousands of offshore companies miss UK property register deadline
Thousands of offshore companies miss UK property register deadline
We usecookiesand other data for a number of reasons, such as keeping FT Sites reliable and secure,personalising content and ads, providing social media features and toanalyse how our Sites are used.


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How responsible credit card users profit off everyone else
How responsible credit card users profit off everyone else
Reward credit cards, which date back to the 1980s, first started out as cards for the affluent. But they are now a ubiquitous feature in the US, Canada, Australia, and the UK. In 2019, rewards cards accounted for about 60% of all new credit cards in the US, with the largest US banks paying out $35 billion worth of rewards—using the interest and late payments of the less savvy among us.


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Hundreds of thousands of UK workers will strike in response to new labor law
Hundreds of thousands of UK workers will strike in response to new labor law
Jan. 26: More than 4,200 physiotherapists in the National Health Service strike over pay. Teachers in Scotland and bus drivers in London continue their strike. Ambulance workers in Northern Ireland go on strike.


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Lithium Americas Soars After GM Invests $650 Million. The EV War Is Escalating.
Lithium Americas Soars After GM Invests $650 Million. The EV War Is Escalating.
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