Big Profits from Low Priced Stocks

August 23, 2023
How low will stocks go? That is the question on everyone’s mind as the recent highs for the S&P 500 (SPY) seem like a distant memory as stocks have been…

As Better.com readies for its public debut, CEO Vishal Garg says he went through ‘a lot of leadership training’

August 23, 2023
Online mortgage lender Better.com is making its public debut Thursday on the Nasdaq Capital Market under the ticker symbols “BETR” and “BETRW.” After merging with SPAC Aurora Acquisition Corp., the combined entity is called Better Home & Finance Holding Company. The deal unlocks about $565 million of fresh capital for Better.com, including a $528 million […]

QIA invests $1 billion in Ambani’s Reliance Retail at $100 billion valuation

August 23, 2023
QIA, Qatar’s sovereign fund, will invest $1 billion in Reliance Retail for a 1% stake in India’s largest retail chain, the two firms said Wednesday. The investment values Reliance Retail, part of Mukesh Ambani’s Reliance Industries, at $100 billion. Reliance Retail — which operates 18.500 stores and digital commerce platforms, selling everything from electronics to […]

The fascinating evolution of typing Chinese characters

August 23, 2023
This story first appeared in China Report, MIT Technology Review’s newsletter about technology developments in China. Sign up to receive it in your inbox every Tuesday. The idea of downloading a third-party keyboard to your phone may seem unnecessary to most people, but in China it’s the norm.  Chinese is the only modern language that’s logographic, meaning…

Job titles of the future: Chief heat officer

August 23, 2023
In Miami, extreme heat is a deadly concern. Rising temperatures now kill more people than hurricanes or floods, and do more harm to the region’s economy than rising sea levels. That’s why, in 2021, Florida’s Miami-Dade County hired a chief heat officer, Jane Gilbert—the first position of its kind in the world. Heat has been…

A cell that does it all

August 23, 2023
From “The Troubled Hunt for the Ultimate Cell” (1998), by Antonio Regalado: “If awards were given for the most intriguing, controversial, underfunded and hush-hush of scientific pursuits, the search for the human embryonic stem (ES) cell would likely sweep the categories. It’s a hunt for the tabula rasa of human cells—a cell that has the…