Could new US investment curbs complicate China’s biotech licensing surge?
Chinese biotech firms face fresh headwinds in their global expansion as Washington’s proposed outbound investment restrictions threaten to disrupt deal structures, even though drug licensing agreements remain untouched for now, analysts say. The US Treasury Department’s draft rules released last week would “make it much harder for Chinese biotech firms to attract direct US investment or enter joint ventures”, according to David Zhang, an analyst at policy research firm Trivium China. US Treasury...
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Standard Chartered-led Anchorpoint plans retail stablecoin as HSBC RedCoin launches
After HSBC RedCoin launched on Friday, Anchorpoint – the stablecoin-issuing joint venture led by Standard Chartered – said it plans to launch a retail product on a public blockchain, even as it takes a “prudent approach”. “Our next major milestone is to [help] bring regulated digital money into everyday payments and commercial applications, while connecting traditional payment infrastructure with this emerging digital finance,” said Dominic Maffei, CEO of Anchorpoint. “This is a public...
Why cloud computing pioneer Wang Jian thinks space is the next AI frontier
Long before artificial intelligence became the next big thing in the tech industry, Wang Jian was crafting the foundational infrastructure that would eventually power it. In 2008, he joined Alibaba Group Holding – owner of the South China Morning Post – as chief architect and founded Alibaba Cloud in 2009, convincing the company’s leadership to invest heavily in building a cloud computing infrastructure from scratch. Today, Wang’s purview has expanded considerably. As an academician at the...
In pictures: Storm Boelo leaves a trail of destruction across Scotland
The severe weather brought strong winds and heavy rain to large parts of Scotland.
Man killed by falling tree as Storm Boelo batters Scotland
The 60-year-old man was struck by the tree near Castle Douglas as Storm Boelo brought strong winds and heavy rain to Scotland.
I've exorcised 50,000 people... and I believe the devil is now using technology in the fight for our souls
An American exorcist, who claims to have evicted demons from 50,000 people over 50 years, has described what he believes is a terrifying new way the devil is claiming victims.
The aftermath of Storm Boelo across Scotland
Flooding, travel disruption and fallen trees - Storm Boelo has left it's mark across Scotland.
Travel disruption and power cuts after back-to-back storms
Authorities said they were dealing with flooding and fallen trees as Storm Boelo followed Storm Austen.
When will the weather settle after Storm Boelo?
Gillian Smart has the weather forecast after the worst of Storm Boelo.
NASA's dark matter web simulation reveals the universe's hidden cosmic web
NASA’s dark matter web simulation reveals the universe’s hidden cosmic webNASA has created a simulation of the cosmic web to help scientists understand how dark matter shapes the entire universe and the formation of galaxies.NASA’s Astronomy Picture of the Day on October 25...
New UFO files detail sightings of six-foot 'skinwalkers' and 'portal to another world' near America's famous paranormal hotspot
The Pentagon released a new batch of declassified UFO documents on Friday, including an investigation into mysterious portals and creatures near America's famous paranormal hotspot.
Police using AI risks making discrimination worse, researchers warn
AI tools learn from biased records and may deepen discrimination against minorities without oversight, researchers say.
Why your house is a magnet for silverfish: Horrified Brits say their homes are crawling with the insects - here's what's behind the invasion
If you've spotted more silverfish lurking around your home lately, experts say it could be a warning sign that damp and excess moisture are building up inside your property.
