Markets News 

Bernie Sanders’ drug price controls would stifle medical innovation

“If the United States imposes drug price controls, medical innovation will grind to a halt, and ultimately hurt patients” reports washingtonexaminer.com. Ro Khanna, D-Calif., recently proposed bills that would impose price controls on prescription drugs.Currently, the U.S. is a leader in medical innovation. Source: washingtonexaminer.com Share This:

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Crypto News 

UNICEF Innovation Fund to Invest in Blockchain-Related Projects

“The UNICEF Innovation Fund is investing $100,000 in six companies for developing blockchain projects, according to an announcement published Dec. 10” writes Ana Alexandre for cointelegraph.com. The UNICEF Innovation Fund was launched specifically to finance early stage and open-source technology that can benefit children.The fund identifies solutions in tech areas like blockchain, machine learning, quantum computing, artificial intelligence (AI), and others.In April, UNICEF Australia announced an initiative that would allow the public to use their computer’s processing power to mine cryptocurrency as a donation to the charity. Source: cointelegraph.com Share This:

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Chinese province pledges billions to drive tech, innovation

“SHANGHAI (Reuters) – China’s coastal province of Zhejiang, home to e-commerce giant Alibaba , has pledged more than $17 billion to drive the tech industry and innovation in the coming five years, the state news agency Xinhua reported” writes Midwest Communications Inc for 95kqds.com. As part of the plan, the province introduced 50 measures to boost the tech sector, Xinhua said, including increasing the ratio of R&D spending in provincial GDP, cultivating leading innovators and increasing patent numbers.”The total investment on research and development (R&D) is expected to reach around…

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Crypto News 

PayPal Launches Blockchain-Based Innovation Reward System for Employees

“Major global online payments system PayPal has launched a blockchain-based reward system for its employees” writes Ana Berman for cointelegraph.com. On the website designed for the token program, employees “can like and comment on and see all the activity going on within PayPal related to innovation,” Todasco explained.Employees using the program are granted tokens for participating in innovation-related programs and contributing ideas.According to Cheddar, the program was prepared by PayPal’s innovation team, which is based in San Jose, California, over a six-month period and was launched in mid-November.Financial news channel…

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Crypto News 

Huobi Opens First Russian Office in Partnership with State Bank’s Digital Tech Center

“The Center of Digital Transformation was created by VEB to promote blockchain and other crypto-related technologies, as its website states” writes Helen Partz for cointelegraph.com. Founded in 1922, VEB bank, or “the state corporation Bank for Development and Foreign Economic Affairs,” is the first international bank of the Soviet Union, originally named Roskombank.The bank is responsible for developing the Russian economy, as well as managing Russia’s state debts and pension funds.Recently, major Russian state-backed bank Sberbank conducted an over-the-counter (OTC) monetary repurchase agreement based on blockchain technology. Source: cointelegraph.com Share This:

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Robot lawyers, smart cities and a political crisis could sum up 2019, UK firm predicts

“A “highly authentic-looking malicious fake video,” robot lawyers, smart cities and an exam-free curriculum for students are some of the things that the world could see by the end of 2019, according to Global innovation foundation Nesta” writes unknown author for cnbc.com. Tech and innovation experts from the organization published 10 predictions on Tuesday, with both risks and benefits on the cards. Source: cnbc.com Share This:

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The battery industry is blowing up and it’s changing everything, from cars to phones

“But to propel us into a fully electric future, we may need new battery technology on a scale never before seen” writes unknown author for cnbc.com. Battery technology has been ever-evolving since the late 18th century as our energy-storage needs have continued to grow.The lithium-ion battery industry alone is worth $23 billion and is expected to grow to $93 billion by 2025, according to Grand View Research. Watch to learn about how battery innovation is changing our world. Source: cnbc.com Share This:

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Carbon Dividend Act is a reasonable solution to climate threat | Letters

“Man has no effect on global warming and only during global warming periods in history did the Earth have abundant food sources” writes South Florida Sun-sentinel for sun-sentinel.com. Hundreds of reliable studies by physicists and meteorologists refute the global warming consensus reports, but they are not published and highly technical.The dividend portion of the bill will provide funds to households who will be impacted by, initially, increased costs. Source: sun-sentinel.com Share This:

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Cisco looks to Southeast Asia for its global digitization program

“Information technology giant Cisco is on a mission to increase global digitization and it has its eyes set on Southeast Asia” writes Josep Lago for cnbc.com. Southeast Asia is “primed” for the program, Guy Diedrich, vice president and global innovation officer at Cisco, told CNBC’s Akiko Fujita on Thursday.Cisco hopes to increase a country’s competitiveness, economic growth, job creation and innovation through investments in the startup space, education, infrastructure and healthcare. Source: cnbc.com Share This:

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Data Sheet—Innovation With Chinese Characteristics

“In China these days, innovation and technological breakthroughs often outpace the ability of the government to create legal and institution frameworks to regulate it” writes Clay Chandler for fortune.com. China’s rise as a technology and innovation superpower will be a recurring theme: Fortune president Alan Murray will referee a lively session entitled “Escaping Thucydides” focusing on U.S.-China tech tensions. Source: fortune.com Share This:

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