Tag Archives: 70K

Tech bros buying $150K red-light therapy beds, $70K hyperbaric chambers – Business Insider

  1. Tech bros buying $150K red-light therapy beds, $70K hyperbaric chambers Business Insider
  2. Tech Leaders Spend How Much(?!) on Their Bodies? The Information
  3. Tech execs are buying $150,000 red-light therapy beds and $70,000 hyperbaric chambers for their wellness quests Yahoo Finance
  4. Tech execs are buying $150,000 red-light therapy beds and $70,000 hyperbaric chambers for their wellness quest Business Insider India
  5. The Brain-Body Investment Survey: What 500 Subscribers Are Spending to Boost Their Performance The Information
  6. View Full Coverage on Google News

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Atlanta ‘Cop City’ activists say they’re confident of getting 70K signatures. But big hurdles remain – ABC News

  1. Atlanta ‘Cop City’ activists say they’re confident of getting 70K signatures. But big hurdles remain ABC News
  2. Atlanta ‘Cop City’ activists say they’re confident of getting 70K signatures. But big hurdles remain WDIV ClickOnDetroit
  3. Court rules Atlanta code barring outside residents from collecting petition signatures violates Firs 11Alive
  4. ‘Vote to Stop Cop City’ gets another 60 days, more signature-gatherers in major court victory – SaportaReport SaportaReport
  5. Judge gives deadline extension to organizers trying to stop ‘Cop City’ with signature campaign The Associated Press
  6. View Full Coverage on Google News

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Inside NASA’s Voyage to an Asteroid Worth 70K Times the Global Economy – Robb Report

NASA’s mission to an asteroid that could be worth 70,000 times the global economy is expected to begin this year.

The space agency decided back in 2017 that humankind would benefit from a closer look at 16 Psyche. The Psyche mission was initially slated to take place at the end of 2022 but was delayed due to “development problems.” NASA is now planning to launch the Psyche spacecraft this October. The vessel should reach the ultra-valuable asteroid in August 2029.

Here’s everything we know so far about the Psyche asteroid, the upcoming Psyche mission and the Psyche spacecraft.

What Is 16 Psyche?

Artist’s concept of the asteroid 16 Psyche.

Maxar/ASU/P. Rubin/NASA/JPL-Calt

Named after the Greek goddess of the soul, Psyche was discovered by Italian astronomer Annibale de Gasparis on March 17, 1852. The giant M-Type asteroid is thought to be the partial core of a small planet that failed to fully form during the earliest days of our solar system.

The metal-rich asteroid is about the size of Massachusetts and shaped somewhat like a potato, according to astronomers. Its average diameter is about 140 miles—or roughly the distance between Los Angeles and San Diego. The asteroid orbits between Mars and Jupiter at a distance ranging from 235 million to 309 million miles from the Sun. (You can get a real-time simulated view of Psyche here.) 

A study published by The Planetary Science Journal in 2020 suggests that Psyche is made almost entirely of iron and nickel. This metallic composition sets it apart from other asteroids that are usually comprised of rock or ice, and could suggest it was originally part of a planetary core. That would not only represent a momentous discovery, it’s key to Psyche’s potential astronomical value: NASA scientist Lindy Elkins-Tanton calculated that the iron in the asteroid alone could be worth as much as $10,000 quadrillion (yes, you read that right). For context, the entire global economy is worth roughly $110 trillion as of writing. However, more recent research out of the University of Arizona suggests that the asteroid might not be as metallic or dense as once thought. Psyche could actually be closer to a rubble pile, rather than an exposed planetary core, the research claims. If true, this would devalue the asteroid. NASA’s upcoming mission should settle the debate about Pysche’s composition for once and all.

Of course, Psyche isn’t the only valuable rock in space. NASA has previously said the belt of asteroids between Mars and Jupiter holds mineral wealth equivalent to about $100 billion for every individual on Earth. Mining the precious metals within each asteroid and successfully getting them back down to earth is the hard part. Then you have the whole supply and demand conundrum that could drive the price of specific metals up or down. We’ll leave the complexities of space mining for another day.

Why Is NASA Traveling to 16 Psyche?

NASA’s Psyche spacecraft in December 2022.

NASA/JPL-Caltech

If Psyche is, in fact, the leftover core of a planet that never properly formed, it could reveal secrets about Earth’s own core. The interior of terrestrial planets is normally hidden beneath the mantle and crust, but Psyche has no such outer layers. The asteroid’s mantle and crust were likely stripped away by multiple violent collisions during our solar system’s early formation. By examining Psyche, we can further understand how Earth’s core came to be. The mission could also provide insights into the formation of our solar system and the planetary systems around other stars.

According to NASA, this marks humanity’s first exploration of a world made largely of metal. The Psyche spacecraft will use special tools to identify the types of materials that make up the asteroid. Is it actually iron and nickel, for instance? Or something else? The craft will also measure Psyche’s gravity and magnetic field and ascertain the asteroid’s topography. All of this will tell us more about Psyche’s formation history and evolution.

What Is the Psyche Spacecraft, and How Does It Work?

Technicians at NASA’s Kennedy Space Center in Florida perform work on Psyche.

NASA/Isaac Watson

Measuring 10 feet by 8 feet, Psyche is a little larger than a smart car. Instead of running on traditional rocket fuel, the spacecraft will produce its own solar energy. It’s fitted with large solar panels, which make it as big as a tennis court once deployed, that will generate electricity to power the ion drive and the innovative new Hall thruster. Essentially, the electricity from the solar panels is used to convert the fuel source (xenon gas) to xenon ions that are expelled to provide thrust. (The xenon propellant also produces a cool blue glow.) Pysche will gradually build up speed using ion propulsion. The spacecraft will also swing past Mars for a gravitational push during its voyage to the asteroid. 

In addition, Psyche will be equipped with an array of futuristic tech. The spacecraft will test out something called “Deep Space Optical Communication,” in which messages are encoded on photons (particles of light) instead of radio waves. It could mean transmitting far more data back to Earth in a given amount of time.

The craft will also feature a gamma ray and neutron spectrometer to identify the types of materials in Psyche; a magnetometer to measure the asteroid’s magnetic field; and a multi-spectral imager to capture high-resolution snaps of it. To top it off, Psyche will use radio waves to measure the asteroid’s gravity. This, combined with maps of the asteroid’s surface features, should give us some more intel about the asteroid’s interior structure.

How Much Will the Psyche Mission Cost?

The Solar Electric Propulsion (SEP) Chassis of NASA’s Psyche spacecraft.

NASA/JPL-Caltech

NASA says the total life-cycle mission costs for Psyche (including the rocket) are $985 million. A total of $717 million have been spent on the project as of last July. Sounds like a pittance compared to that $10,000 quadrillion.

How Long Will the Psyche Mission Take?

NASA’s Jet Propulsion Laboratory in Southern California.

NASA/JPL-Caltech

Psyche will cover some 280 million miles to reach its namesake asteroid. The spacecraft is expected to launch on a SpaceX Falcon Heavy rocket in October 2023. The craft will aim for a gravity assist from Mars in 2026 to help it along the next stage of the journey. It will then spend 21 months measuring and mapping, gradually tightening its orbit until it passes just above Psyche’s surface. If all goes to plan, Psyche will arrive at the asteroid in August 2029. NASA says the mission team continues to complete testing of the spacecraft’s flight software in preparation for the October launch date. Godspeed, Psyche.

Check out a NASA video about the Psyche mission below:

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Seattle CEO who cut his pay so workers earned $70K resigns

SEATTLE (AP) — A Seattle CEO who announced in 2015 that he was giving himself a drastic pay cut to help cover the cost of big raises for his employees has announced his resignation.

Dan Price, the embattled CEO of credit card processing company Gravity Payments, resigned Wednesday, The Seattle Times reported.

Price stunned his 100-plus workers when he told them he was cutting his roughly $1 million salary to $70,000 and using company profits to ensure that everyone there would earn at least that much within three years.

“My No. 1 priority is for our employees to work for the best company in the world, but my presence has become a distraction here,” Price wrote in a statement on Twitter. He founded the company 18 years ago.

“I also need to step aside from these duties to focus full time on fighting false accusations made against me,” he wrote. “I’m not going anywhere.”

Earlier this year, Seattle prosecutors charged Price with misdemeanor assault against a woman and reckless driving. Prosecutors say Price tried to forcibly kiss a woman. He pleaded not guilty in May; the case remains ongoing.

Price, 38, has also run into other legal trouble. His brother Lucas sued him in 2015, alleging that Dan Price was overpaying himself. A King County judge ruled that Dan had not violated Lucas’ rights as a minority shareholder.

Allegations that Price had abused ex-wife Kristie Colon also surfaced that year. A Bloomberg report recounted an October 2015 TEDx talk given by Colon during which she described being beaten and waterboarded by her ex, without naming Price. Price told Bloomberg those events “never happened.”

Chief operating officer Tammi Kroll will take over a CEO.

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Cops Allegedly Found 30+ Oxycodone Pills & +$70K Cash

Fox Sports journalist Andy Slater claims to have heard the news from “multiple sources.”

As we previously reported, rumours began swirling around online earlier today (July 15) that 25-year-old Kodak Black has been taken into police custody after being stopped by Florida Highway Patrol on the south side of the state. Now, more information has been coming out surrounding all the gossip, and according to The Sun, Yak was in possession of dozens of pills and nearly $75K in cash at the time of his arrest.

Troopers are said to have conducted a traffic stop around 4:30 PM local time this afternoon after noticing that Black’s vehicle windows were tinted darker than the legal limit.

At the same time, they noticed that not only was the vehicle’s registration expired, but so was the rapper’s license.

When they smelled marijuana coming from the car, a search was conducted, upon which 31 Oxycodone pills were uncovered, along with $74,960 in cash.

Currently, Yak is said to be hanging out at Broward County Jail; at this time, no further details have been made available.

Jeremy Moeller/Getty Images

This isn’t the Back For Everything artist’s first troublesome run-in with the law this year. On the first day of 2022 he was also arrested in Florida – this time for trespassing – though those charges were eventually dropped.

Afterward, Yak said he wanted to “stay out the hood” to keep himself out of trouble, and for several months he seemed to be on the right path, even hosting his first annual Kodak Black Day festival on his birthday a few weeks back – read more about that here, and tap back in with HNHH later for any updates on the Florida native’s reported arrest.

[Via]



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Will Everyone Get Omicron? NY Smashes Single-Day Case Record With Nearly 70K New Positives as US Sets Pandemic High – NBC New York

What to Know

  • New York state smashed its single-day COVID case record Wednesday, reporting a total of 67,000 new positives, a 64% increase in the last day. Nearly 20% of the 362,000 some tests statewide were positive
  • Virus hospitalizations are at mid-February levels and climbing, with NY reporting 6,700 patients as of Wednesday, a 10% increase in the last day, and nearly triple-digit daily deaths for the first time in months
  • While this intense omicron wave is expected to be shorter-lived than the delta one, Gov. Kathy Hochul says she expects a peak on all core COVID metrics next month and says the state is prepared to handle it

New York Gov. Kathy Hochul warned lower reported COVID-19 infections across the state earlier in the week likely were a result of reduced holiday weekend testing, cautioning a surge could appear mid-week as more results came in. They’re in.

The state reported a new single-day high of 67,090 cases on Wednesday, a 64.5% increase in just the last day, Hochul said. The unprecedented total came amid a recent high in the number of daily tests — 362,594 — for a positivity rate of 18.5%.

The governor described those high testing numbers as a “very positive outcome” in that it shows the state is able to deploy sufficient resources to meet testing demand, which has skyrocketed amid this wave of omicron variant infections.

At the same time, Hochul reported 97 new COVID fatalities in New York, the first time in many months daily deaths have neared 100. It tops the most recent reported high by at least 20 lives and is “not the direction we want to go,” Hochul said.

Hospitalizations are escalating exponentially, too, rounding out at about 6,767 total statewide as of Wednesday, Hochul said. That’s a 10% increase over Tuesday’s admissions and perilously close to the 2021 highs around 8,700 from January. More than 960 patients are in ICUs, with another 17 added to Wednesday’s count.

For now, most hospitals are able to manage the increases, given omicron’s tendency to cause milder infections among the fully vaccinated. About two dozen hospitals throughout the state have paused elective surgeries to maintain at least 10% bed capacity, but that number is down from 32 in the last weeks and stable.

“We’re basically preparing for a January surge. We know it’s coming. And we’re naive to think it won’t,” Hochul said Wednesday, shaking her head at the apparent simple inevitability of the fact. “We do think there’s going to be a spike in cases that’s going to continue, not just in our positive rates but in our hospitalizations.”

The data are almost hard to fathom — nearly 20% of all COVID tests in the state came back positive Wednesday, and in just the last seven days, about 1.5% of all New York residents tested positive.

As Hochul said of omicron a day ago, “This is a different variant” as far as its unprecedented infectiousness and vaccine resistance.

Breakthrough infections have been particularly problematic with this strain, crippling everything from Broadway companies to transit operations, airlines and more as industries race to adopt new CDC isolation guidelines that account for both omicron’s heightened transmissibility and milder cases for the vaccinated.

As of New York state’s latest report, vaccine effectiveness against COVID-19 infection was 75%, meaning fully vaccinated New Yorkers had about a 75% lower chance of becoming infected than unvaccinated New Yorkers. In May, the rate was 92%. It dropped to 80% during the delta variant surge and again amid omicron.

Vaccine effectiveness against COVID hospitalization dropped to a much slighter degree under omicron (94.6% effectiveness rate, state data shows). That’s a higher rate than New York saw in mid-July amid delta’s peak (93.7%) and on par with early May efficacy rates against COVID hospitalization for the fully vaccinated.

The state does not separate fully vaccinated New Yorkers from fully vaccinated New Yorkers who have gotten boosters in this data set, so the data may be a bit skewed.


Meanwhile, positivity and transmission rates are soaring in New York City especially, which accounts for a significant share of all new COVID cases nationally.

Omicron has fueled unprecedented daily infections across the U.S. as well. America set a record seven-day case average on Tuesday, according to NBC News data.

The average of 262,034 daily cases eclipsed the former record set on Jan. 11 of 252,776 new cases a day. It dropped a bit, according to the CDC, to around 240,400 cases per day on Wednesday, still up 60% over the previous week.

“The rapid increase in cases we are seeing across the country is in large part a reflection of the exceptionally transmissible omicron variant,” CDC Director Dr. Rochelle Walensky said in a White House briefing Wednesday. “In a few short weeks, omicron has rapidly increased across the country, and we expect, will continue to circulate in the coming weeks. While our cases have substantially increased from last week, hospitalizations and deaths remain comparatively low.”

The severity of omicron is taking its toll, generating record-breaking case increases as cities from coast to coast scramble to try and slow the spread. NBC News’ Liz McLaughlin has the latest from the head of the CDC on the incubation period and more.

The variant, the first local case of which was reported on Dec. 2, accounted for 74.2% of genetically sequenced positive New York COVID samples uploaded to GISAID, the world’s largest repository of COVID-19 sequences, over the last two weeks. That’s up from 73.3% a day ago, 11.1% in the two-week period ending Dec. 18 and from 2.2% in the two-week period before that, state data shows.

CDC data for the latest two weeks says omicron could account for anywhere from 70% to 97% of current infections in the New York area for the week ending Dec. 25. Nationally, the prevalence is estimated to be as high as 74%, the agency says.

Ultimately, officials say vaccinations will quell the increases in hospitalizations and deaths associated with the omicron wave — and those metrics are a much greater concern for them than infections alone. That’s why they’re urging calm at this time — and pushing vaccinations and COVID boosters for those who have to get them.

“New Year’s Eve is coming. I do hope we can have a healthier next year, but we’re going to be smart. New Yorkers, if we’re anything, we’re tough, we’re tenacious but we’re also smart,” Hochul said Wednesday. “We’re going to do the right thing by continuing to share the message of getting vaccinated, getting children vaccinated, getting the booster shots, wearing the mask, and I know I sound like a broken record but I’m going to keep repeating it because we need to remind people that this is the way out of this. We’re not as vulnerable as we were this time last year.”

Still, the governor acknowledges the devastating toll of these last two years as she thanked healthcare workers in the North Country region for their tireless dedication.

“There’s an exhaustion setting in, they never dreamed they’d be going through not one but two winters of this with no end in sight because this variant is so wildly unpredictable,” the Democrat said. “Everyone in this whole healthcare ecosystem, they are owed a tremendous debt of gratitude.”

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‘Clear skies’ for Bitcoin price discovery if giant $70K BTC sell-wall is scaled

Bitcoin (BTC) is clinging to $68,000 on Nov. 9 after traders declared it “clear for take-off” and ready to begin further price discovery.

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

Bitcoin approaches “Great Wall of Finex”

Data from Cointelegraph Markets Pro and TradingView has tracked a second night of impressive gains in a row for BTC/USD.

The pair spent most of Sunday at near $62,000, but is now up a total of 11.4% in just over two days — including a new all-time high of $68,564 on Bitstamp.

“BTC highest weekly close ever after consolidation. We are clear for take-off,” popular trader Pentoshi forecast as the week began.

Filbfilb, co-founder and analyst at trading platform Decentrader, also built on existing bullish convictions, noting that Bitcoin was now tackling what he called the “Great Wall of Finex” — a large sell wall on exchange Bitfinex around $70,000 contrasting recent heavy whale accumulation.

Break this, and further upside potential increases considerably. End-of-month predictions of up to $98,000, just days ago pronounced all but impossible to achieve, are at the same time coming back to the table.

2021, while closely tracking behavior seen in both the 2013 and 2017 bull markets, remains comparatively modest when compared to the velocity of gains that followed Bitcoin’s two previous block subsidy halvings.

Investors “trying to get orders in” for more BTC

Institutional demand for Bitcoin, even at all-time highs, shows no signs of abating ahead of a possible spot price exchange-traded fund (ETF) launching in the United States.

Related: Ethereum back in price discovery as ETH approaches $5K

“$70k on Bitcoin coming up,” SkyBridge Capital CEO Anthony Scaramucci added Tuesday, hinting that he was still a buyer in the market.

“Large institutional demand has finally arrived. Trying to get in orders before 2022.”

Bitcoin vs. gold chart. Source: Woobull

Amid an inflationary environment, Bitcoin’s appeal over gold as hedge received a boost overnight, its market cap hitting 10.7% of gold’s.

On the sustainability of the current uptick, funding rates across exchanges are high but not unsustainable at the time of writing, with those on Binance actually lower than Monday.

BTC funding rates chart. Source: Coinglass



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