Tag: elite

The Rich Got Richer: GameStop’s Trading Frenzy Benefited Wall Street’s Elite

While GameStop’s surge has been heralded as a victory for underdogs, “Growing evidence casts doubt on the idea that the episode mostly benefited small-time investors…” reports the Washington Post. (Alternate URLs here and here “And, in at least some cases, novice investors lost their shirts.” Giant mutual funds that own the largest stakes in GameStop saw the biggest gains in value….

How Prestige Journals Remain Elite, Exclusive And Exclusionary

An anonymous reader shares a report: Last week, Nature journals unveiled their “landmark” open-access option. Nature journals will charge authors, starting in January 2021, up to $11,400 to make research papers free to read, as an alternative to subscription-only publishing. Scientists from around the world received this news with outrage and disappointment on social media. Nature’s announcement comes on the heels…

Xbox Series X Controller Support Coming To Apple Devices

Apple and Microsoft are working on adding support for the Xbox Series X controller to Apple devices, according to an Apple Support page spotted by a Reddit user. MacRumors reports: The support page states that Apple devices only support the Xbox Wireless Controller with Bluetooth, Xbox Elite Wireless Controller Series 2, Xbox Adaptive Controller, PlayStation DualShock 4 Wireless Controller, and various…

1% of People Cause Half of Global Aviation Emissions, Study Says

Frequent-flying “super emitters” who represent just 1% of the world’s population caused half of aviation’s carbon emissions in 2018, according to a study. From a report: Airlines produced a billion tonnes of CO2 and benefited from a $100bn subsidy by not paying for the climate damage they caused, the researchers estimated. The analysis draws together data to give the clearest global…

Garmin Introduces Esports Fitness Smartwatch For Streamers

Garmin has launched the Instinct Esports Edition, a “rugged GPS smartwatch uniquely designed for esports athletes and enthusiasts to take their gaming performance to the next level.” How is that possible, you ask? Gizmodo explains: Well, for starters, the watch adds an esports activity for tracking so you can monitor your heart rate and stress during a game. Garmin also developed…

US Charges Russian Hackers Behind NotPetya, KillDisk, OlympicDestroyer Attacks

The US Department of Justice has unsealed charges today against six Russian nationals believed to be part of one of Russia’s most elite and secretive hacking groups, universally known as Sandworm. From a report: US officials said all six nationals are officers in Unit 74455 of the Russian Main Intelligence Directorate (GRU), a military intelligence agency of the Russian Army, DOJ…

Gene Editing To Produce ‘Super Dad’ Livestock

Scientists have produced gene-edited animals they say could serve as “super dads” or “surrogate sires.” The BBC reports: The pigs, goats, cattle and mice make sperm carrying the genetic material of donor animals. The researchers used a hi-tech gene editing tool to knock out a male fertility gene in animal embryos. The animals were born sterile, but began producing sperm after…

Tim Cook Hits Billionaire Status With Apple Nearing $2 Trillion

Apple CEO Tim Cook’s personal net worth has recently crossed the $1 billion mark as the company nears a $2 trillion market value, reports Bloomberg. From the report: It was valued at about $350 billion when Jobs died. Cook, meantime, has joined one of the most elite clubs for CEOs who didn’t actually found the companies they run: his net worth…