5 Things You Need To Know, Today, on Thursday 6th of December 2018
Five financial stories trending today, including the revelation of Facebook's intentional user data harvesting
5. A $250 Biohack is changing everyday life for those living with diabetes
This piece looks into the fascinating world of 'biohacking.' Like 15 year-old Sydney's 'homemade' pancreas that allows her to monitor her diabetes from an app-- reducing the time and energy she and her parents have to devote to keeping healthy insulin levels. The potential of open-sourced science has been a dream of some for many years, but are we witnessing it take hold?
4. Reuters poll: Sterling's fate hangs on Brexit and UK growth will be weak
The Reuters poll found that if, on December 11th, Theresa May's Brexit deal is agreed to then the sterling will gain 3.5%. However, should the deal fail to pass the sterling will have a knee-jerk reaction of falling by 2.75%.
3. The Financial Times released its Women in 2018: The Change Makers Series, highlighting female leaders across sectors
The series serves as a look into the year's most pervasive stories and trends through the women that are shaking up their fields. Among those featured are Nadia Murad, the Nobel Peace Prize winner who survived Isis, and Indian journalist Sandhya Menon on reforms necessary in India.
2. Facebook emails reveal the company tried to hide data collection from users and take out competitors
250 pages of internal Facebook emails, published by British lawmakers yesterday, showed the company undermining competitors, consciously obfuscating their user data collection, and urging employees to seek growth at all costs. The company portrayed by these emails is a far cry from the network focused solely on human connection promoted by top Facebook executives like Mark Zuckerberg and Sheryl Sandberg in recent hearings over Facebook's data use.
1. Huawei CFO arrested in Canada per US extradition request
Canadian officials arrested Meng Wanzhou, Huawei's CFO and daughter of its founder, on Wednesday. While the US justice department has not issued a statement, move is seen as the latest in a series by western governments to stem Huawei's reach on security grounds. The arrest is also likely to reignite trade tensions between Trump and XI just days after their attempt to soften the trade conflict at the G20 summit.
On today's podcast: W Resources provide an update on progress at La Parrilla, its tungsten-tin mine in Spain. Emmerson completes the Environmental Baseline Study at their potash project. Malcy talks about: Eco Atlantic O&G, Range Res, Bahamas Petroleum & Hurricane Energy. John Stepek author of Sceptical Investor.
SP Angel daily look at commodities and miners, featuring: Bluebird Merchant Ventures* (BMV LN) – Funding raised to complete pre-construction phase for Gubong gold mine Cora Gold* (CORA LN) – Sanankoro oxides demonstrate up to 97% gold recoveries Chaarat Gold* (CGH LN) – Joint venture to build gold mine in Kyrgyzstan Strategic Minerals* (SML LN) – Moving to 100% ownership of Redmoor
John Peters, Managing Director of Strategic Minerals, commented: "The recent resource upgrade has highlighted the potential world class nature of the Redmoor Tin/Tungsten project and has given the Board confidence to consolidate control.”
Emmerson (EML) announced today that its recently completed Environmental Baseline Study for the Khemisset Potash project has revealed no areas of concern regarding its scale, location, cost or profitability.
Five financial stories, trending today in a 70 second podcast, including: Accrording to the the British Chambers of Commerce, UK companies look set to cut investment by the most in 10 years in 2019 because of Brexit, even if Prime Minister Theresa May gets a deal to ease the country out of the bloc.
ImmuPharma is now in preparations for the Lupuzor Managed Access Program, in which 500 eligible patients in Europe will have early access to the medication, free of charge, for a minimum of two years.