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Sunday, December 8, 2019
This $15 million ‘typhoon tank’ can mimic a Classification 5 storm. It might assist enhance projections about typhoons like Dorian.

This $15 million ‘typhoon tank’ can mimic a Classification 5 storm....

Hurricane Dorian has been moving across the Atlantic Ocean for the last several days, but forecasters had some trouble predicting where it would make landfall and how much it would strengthen. After making landfall in the Bahamas as a Category 5 storm on Sunday, the hurricane is now inching toward Florida's eastern coast. Though hurricane…
This $15 million water tank can imitate a Classification 5 typhoon. It might expose hints about how storms aggravate gradually.

This $15 million water tank can imitate a Classification 5 typhoon....

Hurricane Dorian has been moving across the Atlantic Ocean for the last several days, but forecasters have had some trouble predicting its exact path. The National Hurricane Center now says Dorian is likely to bring hurricane conditions to the Bahamas on Sunday, and approach Florida's eastern coast as a Category 4 storm on Monday. That…
Could A $572 Million Fine Assist Stop The Opioid Upsurge?

Could A $572 Million Fine Assist Stop The Opioid Upsurge?

An Oklahoma judge decided Monday that drug giant Johnson & Johnson must pay the state $572 million for its part in contributing to Oklahoma’s opioid epidemic. The case by Oklahoma Attorney General Mike Hunter was the first of its kind to go to trial. The decision sets a precedent for the thousands of other cases…
Peloton is paying its 2 leading officers $214 million each, even as its losses quadrupled to $245 million in its newest

Peloton is paying its 2 leading officers $214 million each, even...

In yet another hotly-anticipated IPO for the year, connected-fitness startup Peloton just filed its first-draft S-1 IPO paperwork, giving the public its first glance at its financials. There's some good indications for IPO-loving investors in analyzing the books. In its last fiscal year, the seven-year-old company brought in revenue of $915 million, just about doubling…
The $572 million great Johnson & & Johnson needs to spend for its function in the opioid epidemic is just 4% of its yearly revenue (JNJ)

The $572 million great Johnson & & Johnson needs to spend...

The $572 million in damages that an Oklahoma judge ordered Johnson & Johnson to pay on Monday for its role in the state's opioid crisis will most likely feel like a slap on the wrist for the major conglomerate. The fine amounts to just 3.7% of the company's net profit for 2018, according to SEC…
The CEO of a $700 million start-up describes why he’s dumped the regular guidelines of employing by leaving prospects with his assistant and taking them on group lunches

The CEO of a $700 million start-up describes why he’s dumped...

Hiring the best staff is one of the toughest parts of running a succesful business. Getting the right people with the best culture fit is a major cause of stress for founders. Beyond asking a set of generic questions to get responses, how do you get people who are the right culture fit for your…
3 Physicists Win $3 Million Reward for ‘Supergravity’ Discovery

3 Physicists Win $3 Million Reward for ‘Supergravity’ Discovery

The three architects of supergravity are getting some high-profile recognition, more than four decades after they developed the influential theory. Sergio Ferrara, Daniel Freedman and Peter van Nieuwenhuizen will receive a $3 million Special Breakthrough Prize in Fundamental Physics for their formulation of supergravity in 1976, Breakthrough Prize representatives announced yesterday (Aug. 6). "The discovery…
A start-up led by a previous Google officer and a pioneering researcher simply raised $2.8 million to take on a little-understood condition that impacts 10 million individuals

A start-up led by a previous Google officer and a pioneering...

A new startup is betting that studying the vaginal microbiome — a collection of bacteria in the vagina — could hold the key to a variety of women's health conditions. The biotech, LUCA Biologics, is focusing first on urinary tract infections, a common problem among women that accounts for an estimated 10 million doctors visits…
Jeff Bezos offered another $990 million worth of Amazon shares at the end of recently (AMZN)

Jeff Bezos offered another $990 million worth of Amazon shares at...

Jeff Bezos' selling spree didn't stop at $1.8 billion. By the end of last week, he'd dumped nearly a $1 billion more of his Amazon stock. On Thursday and Friday last week, Bezos, the CEO of the e-commerce giant, sold 531,852 shares, or about 1% of his total stake, for $990 million, according to documents…
This VC’s fund handles $500 million in properties. Here’s why it’s concentrating on late-stage business and how it believes it can assist them remove. (AKAM)

This VC’s fund handles $500 million in properties. Here’s why it’s...

Venture capital firms have different strategies and philosophies when it comes to their interactions with their portfolio companies. Some VC firms take a more laid-back approach, giving founders and executive teams plenty of room to operate. Others are much more interested in playing an active role in their companies, helping direct operations and guide decision-making.…

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