Asset Managers Are Updating Bond Models to Capture a New Risk
A growing number of asset managers is reassessing bond values tied to real assets, as a spike in
2023-10-22 21:22
Former Twitter employee says working for Elon Musk was ‘hardest experience of her life’
A former employee of Twitter/X has spoken about the working conditions under Elon Musk, claiming that it was the ‘hardest experience of her life’. The social media platform’s head of trust and safety, Ella Irwin, resigned from the company in June, confirming the decision to Reuters. Her decision to leave the company came after Musk doubled down on his stance on trans issues, confirming he would be lobbying legislators to “criminalise making severe, irreversible changes to children below the age of consent” through gender-affirming surgery, and that “nobody knows who they are as a child”. Writing in June, Irwin said that it had become clear “there was no longer alignment” between her “nonnegotiable principles” and the policies of Twitter/X. Now, Irwin has spoken further about her decision and criticised the “terrible” decisions made by Musk. Irwin released a statement to NBC News, saying: “It absolutely was the hardest experience that I've gone through in my career. Speaking about Musk’s decision making, Irwin said: “There's more emotion behind his decisions than I would have maybe expected before I met him. “I think that contributes to some of the impulsiveness… I think there were a lot of situations in which I would have handled things very differently.” Reflecting on Musk’s leadership, Irwin added: “There were things that I wouldn't have tweeted in the middle of the night, [and] there were certainly things that could have been stated better.” It comes after Kanye West accused Musk of taking advantage of his clout in a bid to boost the “struggling” platform’s numbers. West is used to causing outrage on Twitter/X, having been banned from the platform in the past. Sign up for our free Indy100 weekly newsletter Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings
2023-10-22 16:49
Who is SypherPK? IShowSpeed challenges 'Fortnite' player to 1v1 during livestream: ‘I will bust your a**’
Prominent YouTuber IShowSpeed recently issued a challenge to SypherPK for a 'Fortnite' 1v1 showdown during a livestream
2023-10-22 16:47
Diesel Cars Moved From London to the North After Ulez Expansion
Diesel cars are being moved out of London and into the north of England and Scotland after a
2023-10-22 14:25
Map Shows Local Versions of The Boogeyman From Around the World
From Kelpie to Krampus, get to know these boogeymen (and boogeywomen) from different countries.
2023-10-22 05:22
Meteor crashes through man's roof and he sells it for millions
A man had a meteor crash through his roof. Now he's a millionaire. Josua Hutagalung was stunned when a space rock crashed into his home in Kolang, Indonesia. Hutagalung was working outside when the meteor smashed through his veranda next to the living room. It managed to bury itself 15cm deep in the soil. The meteor turned out to be 4.5 billion years old, weighing 2.1kg, boasting a price tag of £1.4 million. It was classified as an extremely rare CM1/2 carbonaceous Chondrite. The meteor was bought by a specialist collected for the equivalent to 30 years' salary. Talking of his newfound wealth, Hutagalung said he wanted to use it to build a church in his community. "I have also always wanted a daughter," he told The Sun, saying he saw the meteor as a "sign that I will be lucky enough now to have one". Three other fragments of the meteor were also found nearby. After it was bought from a collector in Indianapolis, the meteorite was shipped to the US. Jared Collins, a meteorite expert from America, who bought part of the rock, said: "My phone lit up with crazy offers for me to jump on a plane and buy the meteorite. "It was the middle of the Covid crisis and frankly it was a toss-up between buying the rock for myself or working with scientists and collectors in the US. "I carried as much money as I could muster and went to find Josua, who turned out to be a canny negotiator." Sign up to our free Indy100 weekly newsletter Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
2023-10-22 00:23
Web Summit CEO resigns after recent comments on Israeli conflict
Web Summit Chief Executive and founder Paddy Cosgrave on Saturday resigned after comments he made on the Israeli-Hamas
2023-10-21 23:17
Here's why it is 2016 in Ethiopia
Ever wanted to travel back in time? Well, now you can! (Kind of) You see, whilst the world largely uses the Gregorian calendar, introduced in 1582 by Pope Gregory XIII, some countries have different ways of dividing the year, such as Ethiopia. Prior to the Gregorian calendar most of the Roman World and Europe used the Julian calendar, introduced by Julien Caesar in 45 BCE. The reason the Julian calendar was phased out and replaced is because it was slightly out of sync with the Earth's orbit around the Sun. The transition was not easy, spanning hundreds of years and meaning countries lost between 10 and 13 days. In Ethiopia it is currently 2016 (maybe someone should warn them of what's to come?) Ethiopians follow a 13 month calendar - Meskerem, Tikimt, Hidar, Tahsas, Sir, Yakatit, Maggabit, Myazya, Ginbot, Sene, Hamle, Nehasa, and Pagume. 12 of the months consist of exactly 30 days each, with the final month having five or six days, depending on whether it's a leap year. The time of day is different to how most us understand it too, with the day divided into two 12-hour halves that begin at 6am rather than midnight. The reason it's currently 2016 in Ethiopia goes back to 500 CE. In 500 CE, the Catholic Church changed its calculations of when Jesus was born, but the Ethiopian church did not, and as an extra side bonus this places their new year on the Gregorian September 11. Due to never being colonised, Ethiopia continued to use the older calculations resulting in them living in 2016. Sign up to our free Indy100 weekly newsletter Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
2023-10-21 22:23
How New York City Turned the World’s Biggest Garbage Dump Into a Park
Staten Island’s Freshkills was once the world’s largest dump. In 2001, New York City shut it down and
2023-10-21 21:50
The Best Esports Games for 2023
If a loved one ever disparaged your video game obsession as a huge waste of
2023-10-21 21:19
Huge shipwreck discovered after 128 years by crew making a nature documentary
A massive shipwreck which hasn’t been seen since it sank 128 years ago has been discovered by a crew making a nature documentary. Filmmakers were working on a project about a mussel species which lives in the Great Lakes in the US when they made the unexpected find. Yvonne Drebert and Zach Melnick were researching the invasive quagga mussel when they stumbled upon the steamship Africa, Fox Weather reports. The ship was sunk in 1895 after travelling from Ohio to Ontario on Lake Huron in dangerous conditions. The wreck was found after the filmmakers’ underwater drone detected something big and a camera was sent down to take a look. “It got more and more definition as we got closer and closer, and all of a sudden, we could see, ‘Wow, this is a steamship, a wooden steamship!'” Melnik said. “So this is old, and it is incredibly well intact.” The discovery was made possible due to the mussel species, which had covered the wreckage. The ship was identified as the Africa. Since the discovery, families of the people who were lost on board have been in touch with the filmmakers. “One of the incredible things that’s happened since this story has come to light just a couple of weeks ago is that several of the descendants of family members who died on this wreck so many years ago have reached out to us,” Melnick said. “We’re working with those families to try to find a way to remember those sailors who had died 128 years ago.” The mussel species will eventually destroy the wreckage, and the quagga can be hugely damaging to natural environments. The Center of Invasive Species Research in Riverside, California, reports that quagga [and zebra mussels] invasions “have had catastrophic impacts in the ecosystems in which they have established.” “These organisms clog water intake structures (e.g., pipes and screens), which greatly increases maintenance costs for water treatment and power plants,” the organization adds on its website. “Recreational activities on lakes and rivers are adversely affected as mussels accumulate on docks, buoys, boat hulls, anchors and beaches can become heavily encrusted.” “Interestingly, invasions by quagga and zebra mussels have been documented as having some positive affects on receiving ecosystems. For example, filtration of water by mussels as they extract food removes particulate matter. This filtration has improved water clarity, and reduced the eutrophication of polluted lakes.” Sign up for our free Indy100 weekly newsletter Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings
2023-10-21 17:51
Best Buy 3-Day Sale: Save Big on All Things Gaming
Calling all gamers: Best Buy is hosting a sale on video games, consoles, controllers, TVs,
2023-10-21 08:26
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