These countries are most vulnerable to the emerging market storm

Trouble in paradise: For the past decade, a river of easy money rushed into emerging markets. Now that powerful force is reversing. Rising interest rates, along with trade wars, have started a stampede out of some emerging markets. The Turkish lira and Argentine peso have crashed, while China’s stock market …

Seven reasons Big Tobacco is likely to make a move on the marijuana industry

The next catalyst for marijuana investors may come from an obvious place: Big Tobacco. While alcoholic-beverage companies have been active in the marijuana industry, Big Tobacco curiously has not. But new comments made by an Altria executive show that the company is evaluating opportunities in marijuana. Altria owns Phillip Morris …

Andy Warhol’s Multi-Million Dollar Painting Tokenized and Sold on Blockchain

In a world first, an artwork worth millions of dollars has been tokenized and sold on blockchain. 14 Small Electric Chairs, a two-meter high painting by the late renowned American visual artist Andy Warhol, was sold on blockchain-based art investment platform Maecenas to 100 participants. Approximately US$1.7 million was raised …

A.I. could spur global growth as much as the steam engine did, study shows

Artificial intelligence could contribute an additional 1.2 percent to annual gross domestic product growth for at least the next decade, according to a simulation from McKinsey Global Institute. Overall, AI could deliver $13 trillion in additional global economic activity by 2030, putting its contributions to growth on par with the …

Alibaba Has Filed for over 10% of the World’s Blockchain Patents: Research

China’s ongoing drive to dominate the emerging global blockchain technology sector has been underlined by news that Alibaba Group Holding alone filed more than 10 percent of all blockchain patents worldwide in 2017. Intellectual Property Rights Arms Race Research by Thomson Reuters shows that 56 percent of all 406 blockchain …

Australia to Build Blockchain-based Smart Legal Contracts with IBM

An independent Australian federal government agency CSIRO’s (Commonwealth Scientific and Industrial Research Organisation) research arm Data61, has formed a consortium with law firm Herbert Smith Freehills and tech giant IBM to build Australia’s first cross-industry, large-scale, digital platform to enable Australian businesses to collaborate using blockchain-based smart legal contracts. The …

Gene editing of dogs offers hope for treating human muscular dystrophy

Fighting fire with fire, researchers working with dogs have fixed a genetic glitch that causes Duchenne muscular dystrophy (DMD) by further damaging the DNA. The unusual approach, using the genome editor CRISPR, allowed a mutated gene to again make a key muscle protein. The feat—achieved for the first time in …

First CRISPR clinical trial backed by U.S. companies launches

The first clinical trial of CRISPR-Cas9 sponsored by U.S. companies has launched, testing the genome-editing technique in patients with the blood disorder beta thalassemia, according to an announcement posted Friday on the U.S. clinical trials website. The Phase 1/2 clinical trial, co-sponsored by Vertex Pharmaceuticals and using an experimental treatment …

Coinbase Survey Reveals High Interest in Cryptocurrency at Universities

A recent study conducted by Coinbase shows that university students have demonstrated a keen interest in taking courses related to blockchain technology and cryptocurrency, in addition to roughly 18% stating they own at least some cryptocurrency. The nationwide survey, which was completed by 675 students, shows that 21 of the …

Fortune’s fourth annual Change The World list

More companies than ever are using the profit motive to help the planet and tackle social problems. METHODOLOGY How We (Fortune) Chose the Companies The Change the World list recognizes companies that have had a positive social impact through activities that are part of their core business strategy. We prioritize …