Market Watch

Collossal Biosciences aims to revive the long-extinct dodo using gene editing. Colossal Biosciences, a biotech company, says it will aim to revive the dodo using gene editing. This is the latest attempt to revive extinct animals in the face of the biodiversity crisis. Other projects include bringing back the Tasmanian wolf and the woolly mammoth. Top editors give you the stories you want — delivered right to your inbox each weekday. Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy Policy . Billion-dollar startup Colossal Biosciences claims it has come a step closer to reviving the dodo, a flightless bird that has been extinct since the 17th century. The futuristic plan is only possible now that the Dallas-based company has decrypted the dodo’s entire genome, according to a press release. The bird is the latest in the collection of long-gone animals that scientists want to bring back to life. The startup has previously said it plan to recreate the Tasmanian […]

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“Hayward Open for Business” is a new video series that highlights the resilience and diversity of our small business community. Through the COVID-19 pandemic, these entrepreneurs endured unprecedented economic disruptions. Closures of non-essential businesses, prohibitions on indoor dining and rapidly changing consumer spending patterns beginning in March 2020 led to over 450 Hayward businesses closing permanently or temporarily by the end of 2021. Today, the new normal is setting in and many of these businesses are reopening and bouncing back. To thrive again, they need your support. Business owners have asked the City of Hayward Economic Division to help jumpstart their economic recovery by encouraging customers to return to shopping and dining locally. Using the federal American Rescue Plan Act funding, this City has partnered with Cal State East Bay’s College of Business & Economics to produce a series of promotional videos to featuring small businesses. The university’s Master of Business Administration (MBA) program students are filming and producing 10 episodes that spotlight Hayward businesses new and old. Subscribe to the City’s social media channels or check this page as videos are released each month. Join us and learn about these small businesses’ stories of perseverance, the unique goods […]

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On January 4, the Irish Data Protection Commission (DPC) fined Meta €390 million ($414 million) for violating Europe’s privacy law, the General Data Protection Regulation ( GDPR ), and directed the company to bring its data processing operations into compliance within 3 months. Shortly thereafter, the European Data Protection Board ( EDPB ), which consists of all the European data protection authorities, released the text of its binding decision that dictated the Irish DPC’s ruling. The key finding is that Meta cannot rely upon its contract with users as providing a sufficient legal basis for processing user data for personalized ads. If upheld on appeal, this decision might require social media companies and other online businesses to significantly revise their data-focused advertising business model in the name of protecting privacy. I want to discuss the EDPB’s decision in two parts. In this post, I will first analyze its legal basis and assess its likely business implications. In the next part, I will consider whether this decision holds some lessons for policymakers as they seek to revise U.S. laws to protect privacy more adequately. The European Privacy Approach The European Union’s GDPR became effective in 2018. It requires companies to […]

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Netflix’s ‘gusher of cash’ makes them investable: Michael Pachter 00:00 00:0008:32GO LIVE Facebook Twitter Email Embed SpeedNormal Autoplay Additional information about Netflix’s efforts to restrict members from sharing passwords outside their households has come to light. The "Sharing your Netflix account" pages on the streaming giant’s Help Center for Costa Rica, Chile and Peru on Wednesday said "anyone in your household (those who live with you at your primary location)" can use a Netflix account. Netflix logo (Gabby Jones/Bloomberg via Getty Images / Getty Images) Those who aren’t part of what Netflix considers a household will have to get their own account. Or the owner of the account that outsiders have been using can add them as an "extra member," according to those webpages. The cost of adding an "extra member" to an account with a standard or premium plan is "less than the price of [Netflix’s] basic plan," the Help Center pages for the three countries add. That additional monthly fee will be charged to the person whose account the "extra member" gets added to. "When someone signs into your account from a device that is not part of your primary location, or if your account is accessed […]

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MINNEAPOLIS, Feb. 1, 2023 /PRNewswire/ — Scoular, a global supply chain company, today launched a new name for its food ingredient business that showcases its capabilities in providing innovative ingredients to customers. The new name – Scoular Food Innovation – reflects the company’s food industry expertise and experience supplying on-trend ingredients to meet growing consumer demand. "Scoular has long been a reliable partner delivering leading-edge food ingredients," said Brian Hansen, Scoular General Manager for Food Innovation. "The new name highlights the experience our customers get when working with us–access to custom, innovative ingredients, solutions, and services." The Scoular Food Innovation team focuses on delivering ingredients that provide superior function, texture and flavor. Scoular’s exclusive new functional chickpea flour, for example, offers gelling, emulsifying, and foaming attributes that can replace eggs in bakery applications. The combination of consumers’ growing desire to have an alternative to animal-based products along with egg prices nearly doubling over the last two years has food companies seeking effective egg-replacement solutions like Scoular’s functional chickpea flour. Scoular Food Innovation: Carries the backing of Scoular’s global supply chain network and financial stability, with the 130-year-old company posting over $9 billion in sales and ranking as the 48th […]

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North Star Mutual invests in SMSU School of Business Southwest Minnesota State University has announced a partnership with North Star Mutual Insurance Company, of Cottonwood, Minnesota, that will lead to an investment of $3 million in the SMSU School of Business. The investment will establish the North Star Mutual School of Business and provide funding for academic programming, facilities, and scholarships that will create new opportunities for students. The $3 million investment will provide funds that will make both an immediate impact for students and establish an endowment to provide ongoing support. The partnership will strengthen the current school of business by enhancing facilities and increasing funding for programs at SMSU. In addition, new scholarship and internship opportunities will be established as part of the North Star Mutual partnership to help support students in their academic endeavors and career development. North Star Mutual will receive naming rights to the business school and maintain a role on a special advisory committee made up of both school faculty and local business representatives. “We are grateful to North Star Mutual and their leadership team who see the value in further investing in the next generation of SMSU students,” said SMSU President Kumara […]

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In the end, everything is our responsibility. Opinions expressed by Entrepreneur contributors are their own. By now you’re familiar with the ongoing saga of Alec Baldwin and the tragic shooting accident of a cinematographer on the set of his film "Rust." Earlier this month, Baldwin was charged with involuntary manslaughter in Arizona, the state where the incident occurred, and faces up to 18 months in prison if found guilty. This is an awful situation. But it’s also a reminder of the liabilities we all face as business owners. Because, as a producer of the film, Baldwin was a part owner of the enterprise. And with that great opportunity for profit also comes great responsibility. And these responsibilities extend to all areas of our businesses. For example, as a certified public accountant, I’ve signed tax returns for clients in the past. And, even though I do have both professional and legal requirements I must fulfill, in the end, a company’s tax return is the responsibility of the company’s owners. If, like most small businesses, your business is owned by yourself or maybe with a partner or two any problem, error or issue with your tax return is ultimately on you. […]

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___ Fed lifts rate by quarter-point but says inflation is easing WASHINGTON (AP) — The Federal Reserve extended its fight against high inflation by raising its key interest rate a quarter-point, its eighth hike since March. And the Fed signaled that even though inflation is easing, it remains high enough to require further rate hikes. At the same time, Chair Jerome Powell said at a news conference that the Fed recognizes that the pace of inflation has cooled — a signal that it could be nearing the end of its rate increases. The stock and bond markets rallied during his news conference, suggesting that they anticipate a forthcoming pause in the Fed’s credit tightening. ___ Stocks hit summer highs as Fed sees progress on inflation NEW YORK (AP) — Wall Street rose to its best level since the summer following the latest hike to interest rates by the Federal Reserve, which said it’s finally seeing improvements in inflation. The S&P 500 rallied back from an early 1% loss Wednesday to rise 1%. As expected, the Fed raised its benchmark rate by a quarter of a percentage point to its highest level since late 2007. It’s the smallest increase in […]

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TA Services, located on 8th Street just off of Highway 78 in Leeds, was impacted when the vehicle crashed into the business. (Submitted | abc3340.com) One person was taken into custody after a car crashed into a business Wednesday afternoon in Leeds, according to Leeds Mayor David Miller. No injuries were reported but there was damage to the interior of the business. TA Services, located on 8th Street just off of Highway 78 in Leeds, was impacted when the vehicle crashed into the business. It is not clear how much damage was done to the building. SEE ALSO: Police searching for multiple people connected to different burglaries in Birmingham SEE ALSO: Train derails on Highway 21 near Sycamore There has been no information released by law enforcement in connection to this incident. This story will be updated as more information becomes available.

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NFTs seem to be all the rage these days, but can they actually work for most businesses? Opinions expressed by Entrepreneur contributors are their own. 2022 was an interesting year for NFTs (non-fungible tokens) , to say the least. This was the year that saw public knowledge of NFTs go beyond Bitcoin and other cryptocurrencies to the field of digital collectibles, such as art and photographs. But while buying art and other collectibles may be getting most of the attention from the general public, they result in some of the more practical (and profitable) business applications getting overlooked. In reality, NFTs can have a variety of practical applications that help organizations achieve their existing business goals. First things first: How do NFTs work? NFTs are is cryptographic assets that are based on blockchain technology . The non-fungible aspect is important, as it gives NFTs distinctive properties that mean they cannot be replaced or replicated. They are unique, and can’t be manipulated or forged. Most often, we see NFTs in connection with digital assets, such as art, sports cards , games and other collectibles, where the blockchain provides a certificate of authenticity. NFTs can be bought and sold on the […]

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