Author: Nana Media
Technology Start-up Incubator Nears £1bn Valuation Introduction to Entrepreneurs First A technology start-up incubator is closing in on a £1bn valuation after securing backing from new investors. The incubator, Entrepreneurs First (EF), is in the process of raising around $120 million from a consortium of new and existing backers. Founding and Leadership EF was co-founded by Matt Clifford, who spent six months helping to shape Downing Street’s AI approach and creating the AI Opportunities Action Plan. Clifford, who stepped down from the role for personal reasons, is also chairman of a government research agency. Funding Round Sources said EF had…
Introduction to LED Face Masks A series of advertisements for LED face masks have been banned for making unauthorized claims that they can relieve acne and rosacea. The popularity of at-home beauty devices has skyrocketed in recent years, with social media feeds abuzz with influencers unboxing the masks and calling them the latest skincare trend. However, dermatologists disagree about whether light-emitting diodes (LED) in home masks can deliver the same results as medical devices used in clinics. The Issue with LED Face Masks The advertising regulator banned advertising for cosmetic products that were not registered with the medicines authority. LED…
Introduction to a Lifetime of Love These long-time lovebirds are a rare breed. The newly crowned "world’s oldest married couple" are a charming pair of former Big Apple centenarians who met during World War II – and now swear by the power of staying curious, drinking midday beers and simply "loving each other." A Combined Age of 216 Years With a combined age of 216 years and 132 days, Eleanor and Lyle, of Miami, received the title of Guinness World Records on Wednesday. They were married more than 83 years ago and were also named the "world’s longest married couple."…
Canada’s New Budget Plan Introduction to the Budget Canada’s government has presented a new federal budget plan, which includes a massive spending spree of 280 billion Canadian dollars. This spending is aimed at bolstering the country’s economy, which has been affected by the imposition of high tariffs by the United States, its top trading partner. The Impact of US Tariffs The tariffs imposed by the US have had a significant impact on Canada’s economy. The new budget plan is seen as a way to mitigate this impact and stimulate economic growth. The spending will be allocated to various sectors, including…
Cyber Attack on Marks and Spencer The cyber attack on Marks and Spencer department store is expected to cost around £136 million directly. This figure is simply the cost of immediate incident response and recovery, as well as support from specialist legal and professional services. Financial Impact Combined with lost sales as the retailer’s online systems were down from Easter into the summer, the company’s statutory profit before tax in the first half of the year was all but wiped out. This profit metric fell from £391.9m last year to £3.4m this year. An increase to “at least the previous…
Introduction to Economic Inactivity The number of sick and disabled people out of work puts the UK at risk of a “crisis of economic inactivity”, threatening the country’s prosperity. According to a report by former John Lewis boss Sir Charlie Mayfield, 800,000 more people are currently unemployed for health reasons than in 2019, costing employers £85 billion a year. The Problem of Economic Inactivity The problem could get worse without intervention but Sir Charlie, who will lead a taskforce to help people return to work, said this was “not inevitable”. The report, commissioned by the Department for Work and Pensions…
Introduction to Asexuality and Coming Out A person has been trying to hide the fact that they’re asexual from their family for two years. They’ve been overhearing conversations between their parents and older siblings about dating, which has made them feel frustrated because their experiences are so different. The person is considering coming out to a select group of fellow students on their college campus but is worried about how their parents might react if they find out before they’re ready to tell them. Concerns About Coming Out The decision to come out would likely conflict with the family’s conservative…
Introduction to Bianca Censori Take a quick look at Bianca Censori’s Instagram account and you might think it belonged to another woman entirely. Petite, brunette and with striking doll-like features, the 30-year-old Australian model bears such a striking resemblance to Kim Kardashian that it makes you want to ask her to double-check that she’s actually a different person. The similarity between the two women has been part of the cultural discourse since Censori started dating her now-husband Kanye West, who was previously married to Kardashian for seven years. Public Appearance and Outrage Since then, the couple has been a lightning…
Champions League Defeat Disappointing Loss for Paris Saint-Germain Paris Saint-Germain suffered a loss in the Champions League against Bayern Munich with a score of 2-1. This defeat marks a significant setback for the team in the prestigious tournament. Injuries Impact the Game The match was further complicated by injuries to key players Ousmane Dembélé and Achraf Hakimi, who were forced to leave the field. Their absence significantly impacted the team’s performance and strategy, making it harder for Paris Saint-Germain to mount a comeback against Bayern Munich. Impact on Team Dynamics The loss of Dembélé and Hakimi due to injuries not…
Introduction to Solar Radiation Modification Reducing the amount of sunlight reaching Earth could halt global warming and limit the damage caused by climate change. The Royal Society has suggested that bold new technology to reflect sunlight back into space could "buy time" for cuts in fossil fuel emissions to take effect. Strategies for Solar Radiation Modification Two strategies – pumping reflective particles high into the atmosphere and spraying salt into clouds over the sea to make them whiter – were identified as likely effective and technically feasible. However, the report’s authors warn that a rogue state acting alone and attempting…