SRN News

No formal investigation into AI chips, EU antitrust regulators say (Mon, 02 Oct 2023)
BRUSSELS (Reuters) – EU antitrust regulators have not opened a formal investigation into chips used for artificial intelligence, the European Commission said on Monday, days after the French competition authority raided Nvidia for alleged anti-competitive practices. “There is no formal investigation by the Commission into the matter you refer to,” a spokesperson for the EU executive said in an email to Reuters when asked about the issue. Nvidia had declined to comment following the French raid. Bloomberg News last week said the EU antitrust watchdog was informally collecting views on potentially abusive practices in the market for graphics process units. (Reporting by Foo Yun Chee) Brought to you by www.srnnews.com
>> Read more

Hungarian and U.S. scientists win medicine Nobel for COVID-19 vaccine work (Mon, 02 Oct 2023)
By Niklas Pollard and Ludwig Burger STOCKHOLM (Reuters) -Scientists Katalin Kariko and Drew Weissman from Hungary and the United States respectively won the 2023 Nobel Prize in Physiology or Medicine for discoveries enabling the development of mRNA COVID-19 vaccines, the award-giving body said on Monday. The prize, among the most prestigious in the scientific world, is selected by the Nobel Assembly of Sweden’s Karolinska Institute medical university and also comes with 11 million Swedish crowns (about $1 million). “The 2023 NobelPrize in Physiology or Medicine has been awarded to Katalin Karikó and Drew Weissman for their discoveries concerning nucleoside base modifications that enabled the development of effective mRNA vaccines against COVID-19,” the body said. Kariko was senior vice president and head of RNA protein replacement at BioNTech until 2022 and has since acted as an adviser to the company. She is also a professor at the University of Szeged in Hungary and adjunct professor at the University of Pennsylvania’s Perelman School of Medicine. Weissman is professor in vaccine research at the Perelman School. Kariko found a way to prevent the immune system from launching an inflammatory reaction against lab-made mRNA, previously seen as a major hurdle against any therapeutic use of mRNA. Together with Weissman, she showed in 2005 that adjustments to nucleosides, the molecular letters that write the mRNA’s genetic code, can keep the mRNA under the immune system’s radar. “So this year’s Nobel Prize recognizes their basic science discovery that fundamentally changed our understanding of how mRNA interacts with the immune system and had a major impact on society during the recent pandemic,” said Rickard Sandberg, member of the Nobel Assembly at Karolinska Institute The medicine prize kicks off this year’s awards with the remaining five to be unveiled in the coming days. The prizes, first handed out in 1901, were created by Swedish dynamite inventor and wealthy businessman Alfred Nobel, and are awarded for achievements in science, literature and peace, and in later years also for economics. The Swedish king will present the prizes at a ceremony in Stockholm on Dec. 10, the anniversary of Nobel’s death, followed by a lavish banquet at city hall. Last year’s medicine prize went to Swede Svante Paabo for sequencing the genome of the Neanderthal, an extinct relative of present-day humans, and for discovering a previously unknown human relative, the Denisovans. Other past winners include Alexander Fleming, who shared the 1945 prize for the discovery of penicillin, and Karl Landsteiner in 1930 for his discovery of human blood groups. ($1 = 11.0129 Swedish crowns) (Reporting by Niklas Pollard, Johan Ahlander in Stockholm, and Ludwig Burger in Frankfurt; additional reporting by Terje Solsvik in Oslo; editing by Andrew Cawthorne) Brought to you by www.srnnews.com
>> Read more

Audio News – SRN News

WALL STREET BUSINESS REPORT 10-2 (Mon, 02 Oct 2023)
WALL STREET BUSINESS REPORT 10-2 Brought to you by www.srnnews.com
>> Read more

AM SPORTSCAST 10-2 (Mon, 02 Oct 2023)
AM SPORTSCAST 10-2 Brought to you by www.srnnews.com
>> Read more