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When regulation is good for business
By now, I think I have established both my view that I am a fan of ESG investing and the benefits of regulating what is and isn’t a sustainable investment, and my view that in Europe, ESG regulation has gone too far and become too costly. It almost feels like the old Aristotelian maxim of doing things in moderation that leads to the best outcomes is valid in regulatory efforts as well. To give you an example, let’s look at a study by the National Bank of Belgium on the impact of the EU’s Sustainable Finance Disclosure Regulation (SFDR) on fund flows of conventional and ESG funds. The SFDR was announced on 27 November 2019 and came into effect on 10 March 2021. It was implemented in several stages and split funds marketed in the EU into three broad categories: (i) Art. 6 funds that are basically conventional funds without any specific ESG integration, (ii) Art. 8 funds that ‘promote environmental or social characteristics’, which must provide additional reporting how they do that, and (iii) Art. 9 funds that are impact funds. The gaps between the announcement and the phased implementation give us an idea of how fund flows were affected by the regulation. It is clearly visible in the figure below that once the new regulation was announced and when it was initially implemented, fund flows in Art. 8 and Art. 9 funds increased significantly. Conventional Art. 6 funds also saw more inflows, but the increase was not statistically significant. I should add that the data below is pure fund flow, cleaned of performance effects and of any reclassified funds that moved from one classification to another. Note also that once the initial rush in ESG funds was over, additional, stricter regulatory requirements didn’t create that many new flows. This implies that with additional regulation, the funds incurred higher costs to comply but didn’t benefit in terms of new inflows and higher assets under management. Fund flows as the SFDR regulation was implemented in the EU Source: Emiris et al. (2026) When examining the drivers of these flows, the authors of the study found that institutional investors were more likely to switch to ESG funds and particularly so in countries where concerns about sustainability are culturally more accepted. In a society where buy-in into environmental and social risks is higher, private investors were shifting more of their assets into ESG funds as the regulation made it clear which funds are really green and which ones are not. And institutional investors in these countries did so as well, given the societal pressures and reputational risks of sticking with conventional funds. Meanwhile, fund managers reacted to the changing regulatory environment as well. Many funds that were mildly green before the regulation was announced became greener and more sustainable as the regulation was introduced to attract new assets and new investors. Cleverly, and unsurprisingly, these ESG funds also charge on average higher fees, which means that not only did fund managers gather fresh assets, but their profitability increased as well.
Mechanics say they're losing business as vehicles get more high tech
High-tech features are making vehicles more expensive and difficult to repair, putting pressure on already strained car owners and posing an existential crisis for mom-and-pop mechanics.
Business Implications of Mexico’s Judicial Reform
Mexico’s judicial elections are politicizing courts and complicating dispute resolution. Explore four risk mitigation strategies for cross-border companies.
Top 8 Heavyweights Collide at UFC 331 in Los Angeles
On September 19, the UFC 331 event takes place at the Crypto.com Arena in Los Angeles, California. Waldo Cortes-Acosta puts his top-5 ranking on the line in a heavyweight showdown against Curtis Blaydes.Multiple sources have confirmed the match-up to Heavy.com after an initial report by journalist Danny Segura. Contrary to initial reports listing Noche UFC, […] The post Top 8 Heavyweights Collide at UFC 331 in Los Angeles appeared first on HEAVY.
Quantum Computers Identify Nuclear Fusion Fuel Chemistry in Major First
Computing the future of fusion.
Lindsey Graham sacrificed his reputation to Donald Trump. He got plenty in return.
His career explains why so many Republicans made peace with Trump — and what they gave up to do it.
Speak Silently With An Ultrasound Probe
Speaking is much faster than typing, and while it’s an increasingly convenient way to interact with computers, it’s hardly private. Providing speech privacy in a way we haven’t se…
The Right Way to Get Rid of Old Laptops, PCs and Printers (and It's Free)
Getting rid of old computers and printers responsibly is free, accessible and considerably simpler than most people assume.
Switzerland boss furious over 'unacceptable rule' after World Cup elimination
The Swiss were left fuming at the officials after they were beaten 3-1 by Argentina in the World Cup, with a disputed VAR red card decision drawing fierce criticism from the Swiss camp
Scientists’ Side Hustle? Using AI and Quantum Computing to Generate New Peptides
Researchers cobbled together funding and time to show how quantum computing could aid in the development of drugs to help underserved populations and combat rare diseases.
They're Building Half A Bridge to Save Science...
Today’s post is about science: what you can do now to protect it from unprecedented threats, and how your action is the first half of a long-term program that Congress must take up next. Let me start with describing the embryonic state of science advocacy. There are many well-meaning organizations: the American Association for the Advancement of Science, Research!America, and subject-specific organizations such as the Society for Neuroscience and the American Physical Society. Their general approach is to emphasize the common good: the remarkable value that science and innovation have provided to all Americans. However, these organizations are offering an incomplete solution. Before I start, a preliminary: If you already know about the threat, go ahead and weigh in with OMB at this link. Ideas about what to say come from Research!America and the American Physical Society. You have until Monday, July 13 at 11:59pm Eastern. Then come back here and read the rest of this post. Finally, get in touch with whoever is likely to be your next member of Congress in 2027. The threat: An end to merit-based science… The onslaught of attacks on science is accelerating. It’s not just cuts to grants, which was the last battle. That battle is not done yet, but there is a new and worse threat. Now comes a proposed public rule from the Office of Management and Budget. The rule would take decision-making power over grants away from experts and put it into the hands of political appointees. Former NIH official Elizabeth Ginexi wrote an excellent summary of what OMB is trying to do, which is codify the executive branch’s ability to award or terminate grants, for arbitrary cause or no stated cause. Since World War II, a necessary step in scientific grant-making has been consideration of scientific merit. This approach has made America into a dominant scientific superpower, the envy of the world. Of course, political considerations do come into the mix. The proposed rule tilts the balance dramatically away from merit. …but why? Many people have difficulty comprehending why Russell Vought and OMB would want to damage science in this way. If you’re a working scientist, you are likely to be particularly uncomprehending. Who would hurt an activity so self-evidently good? The answer is: this is part of the program to replace the rule of law with a personalist regime. OMB Director Russell Vought, a Christian nationalist, would like to implement what legal scholars call a “unitary executive,” and what I would call a dictatorship. Or if you like, a personalist authoritarian regime. I am a working scientist. This rule will debilitate my research. It may chill the speech of scientists for speaking freely in the public sphere. It is a form of personalizing power and decision-making within the executive branch. In short, it sacrifices science in the service of tyranny. To Russell Vought, a decrease in the quality of science might be an acceptable cost. He might even consider it an added benefit to weaken a pillar of soft U.S. power based on knowledge and skepticism. The professional societies are building half a bridge The nonprofits are asking you to make public comment. Public comment is like building the first half of a bridge. Before implementation, OMB is compelled by law to have a period of public comment. Rules have to be consistent with the law and the Constitution. They express the federal government’s stance toward how those laws will be implemented. When a presidential administration works in good faith, these public comments are used to inform their eventual action, and sometimes mitigate it. The comment period reflects our First Amendment right to petition our government. The executive branch is then supposed to take those comments into account - completing the bridge between us, the people, and our government. Project 2025 seeks to take away the second half of the bridge. We have to replace it. The first half of the bridge Organizations like AAAS, Research!America, and SfN are partly right. You should certainly comment. Their core model is earnest: if enough of us make noise, then we will achieve change. This idealistic point of view is offered in good faith. That point of view is also currently bullshit. The fundamental reason is that the federal rulemaking process has two parts: There has to be a period of public comment. OMB makes the final rule…but is free to disregard public comment. Oops. That’s a loophole. However, not all is lost. Congress can complete the bridge Congress has enormous power. That power suggests a roadmap for how to proceed. This lawless administration is still going to issue that rule. Nonetheless, your comments still play an essential role. Here are two steps you can take. Step 1: Send your comment to your Representative and Senator. Whether they are Democrats or Republicans, many of them support science. Whatever you wrote as public comment in the Federal Register, also send it to your member of Congress. You can include information about jobs in your district or state by looking at Joshua Weitz’s ScienceMatters interactive map. Call the U.S. Capitol switchboard at (202) 224-3121 and give your town, zip code, or state, then deliver your message. Step 2: Politicize the hell out of science. You heard me, politicize it as an issue. We hear a lot from the old scientific establishment about science being nonpartisan. This is obsolete, sentimental thinking. Under normal conditions, it was true. But we can no longer make that assumption. We can keep on pretending, but we’re putting science at risk. There is a way forward. Rules are subordinate to the law…and Congress makes laws. Therefore Congress can step in. In this fall’s election, it is likely that Democrats will retake the House of Representatives. That puts at least one chamber of Congress in the hands of Democrats. They are far more inclined than the current Congress to investigate and legislate. This opens a path to undoing the damage. It also creates a permission structure for pro-science Republicans to find a way back from the brink. We have to encourage them. In the House, every district is up every two years. In your district, contact both of the major party candidates. If your state has a Senate race, contact those candidates too. Specifically mention the proposed OMB rule. Ask for two things: For this year’s appropriations process in August and September, ask that amendments be added to stop the implementation of the new rule. Those amendments should support peer-reviewed science and stop political interference. Looking ahead to next year, ask the Congressman/Congresswoman/Senator to work to hold hearings in 2027 on the importance and benefits of peer-reviewed science for health and prosperity. What hearings and amendments will accomplish Congress can use its investigatory power to summon heads of agencies and the director of the OMB. That will allow fact-finding regarding the consequences of this rule. Congress can override the rule through the appropriations process. They can write into statute a requirement to follow peer review and best scientific practices. In this way, Congress can stop the attacks on science. Postscript: Moving forward Now I have a request for you, to help me. As many of you know, I ran for Congress in order to save democracy and science. Although I did not win, that battle continues by other means. I met and heard from thousands of supporters both here in New Jersey and nationally. I learned that pro-science, pro-democracy activists have the potential to become a much greater force. In the weeks and months ahead, I will be building ways to harness that energy. I will be announcing those plans soon. In the meantime, an important step is to wind down the Congressional campaign, which has a few remaining bills to pay. Please help me retire that last debt.
2026 World Cup: FIFA disputes sky-cam wire contact as controversial calls help England past Norway
Norway fell 2-1 to England in extra time after a goal in the second half was overturned.
Man with mental health issues missing in Santa Clarita
A 27-year-old man who suffers from mental health issues is missing in the Santa Clarita area, according to the Los Angeles County Sheriff’s Department. Deputies are asking for the public’s help fin…
They harvest the nation’s food — and a new rule may strip them of health insurance
For farmworkers who rely on Medicaid, common employment patterns could put their health coverage at risk under new rules.
49ers 1st-Round Pick Flagged After ‘Subpar’ Rookie Season
PFF's Bradley Locker put "subpar" 49ers edge rusher and 2025 1st-round pick Mykel Williams on list of players under Year 2 pressure. The post 49ers 1st-Round Pick Flagged After ‘Subpar’ Rookie Season appeared first on HEAVY.
Is the ‘Drake curse’ real? Here’s what the data says…and what Drake says
The “Drake curse” is being put to the test on Saturday night when Conor McGregor returns to the octagon to fight Max Halloway at UFC 329. If you weren’t aware, rapper Drake is an avid gamble…
Astronomers discover unexplained spin pattern in early galaxies - Futura-Sciences
A consistent pattern in the deep universe Lior Shamir, an associate professor of computer science at Kansas State University, analyzed images of 263 early galaxies captured through the JWST Advanced Deep Extragalactic Survey. Shamir used quantitative shape analysis to determine the rotation of each galaxy. The data revealed that roughly...
Judge holds Justice family business reps personally responsible in multimillion-dollar dispute
That conclusion, to 'pierce the corporate veil,' would allow the court to hold the owners personally responsible for the companies' liabilities.
Steeplegate Mall owner seeking to evict Zoo Health Club ahead of redevelopment
A simmering dispute between the owner of the Steeplegate Mall and one of its three remaining tenants, the Zoo Health Club, is slated for a jury trial this fall. In a series of court filings, Onyx Partners argues that the gym has long been in violation of its lease. The gym’s owner argued Onyx is […]
US, Canada strike deal to open bridge linking Detroit and Windsor after dispute delayed launch
The U.S. and Canada settled on favorable terms on how to administer tolls on the newly-constructed Gordie-Howe International Bridge. It will open on July 27.
UW’s sports and academics both had deficits. Only 1 got a bailout
The UW is propping up Athletics with loans as costs go up, but has put its main teaching arm, the College of Arts & Sciences, through rounds of cuts.
Unstable building brings scrutiny to office conversions
The evacuation of a building on East 42nd Street undergoing conversion from office space to apartments is putting these projects under scrutiny.
'Moana' is Disney's latest reminder that nostalgia isn't enough
Disney remaking its animated classics as live-action movies has become as much a certainty as death and taxes. It’s a big blue Will Smith genie we just can’t put back
Savannah liquor license dispute: Business owner, city leaders respond
A dispute over liquor licenses that divided Savannah City Council during its July meeting is continuing, with a local business owner and city leaders responding.
Apple accuses OpenAI of playing dirty in the AI talent wars
Apple accused OpenAI of stealing trade secrets in a lawsuit filed Friday. OpenAI's recruiting techniques were put on blast.
Business-backed group challenges signatures to put political spending ban on ballot
Protect MI Free Speech says it found problems with signatures submitted by a group backing the ballot initiative.
Outrageous California wage change will put wildfire-fighting goats out of business, owners say
Goat grazing companies says their herds can be gone unless a state wage issue is fixed.
Yes, Computer Science Can Teach Social-Emotional Skills. Here's How
Though seemingly disparate, computer science and student mindfulness can mutually reinforce one another.
Couple, Both 45, Sold Their Business For $3 Million — Now They're Fighting Over Whether To 'Play It Safe' Or 'Go Big'
A married couple, both 45, sold the manufacturing business they built together for $3 million after a buyer approached them out of nowhere. Now they can’t agree on what to do with the money: one wants to put nearly all...
Melton Little puts in another $100K, pushing HD 71 war chest past $500K
'I am very proud of everyone who is standing with me to Make Manatee Great Again.'
New Athletic Director Shawn Eichorst is at home at UW-Madison
A former deputy athletic director for the Badgers, Eichorst already has relationships with coaches like Greg Gard and Mark Johnson.
GLP-1 drugs linked to long-term benefits for PAD patients
PAD patients treated with GLP-1 receptor agonists lived longer, stayed out of the hospital more and experienced fewer amputations than those given metformin.
Here’s what happens when you put politicians in charge of science
Proposed federal rules would rely on political appointees to decide how a lot of U.S. science gets done. History shows the consequences of such actions.
Here’s what happens when you put politicians in charge of science
Proposed federal rules would rely on political appointees to decide how a lot of U.S. science gets done. History shows the consequences of such actions.
MAGA's attack on science is even worse than it looks
In my post on America’s 250-year anniversary, I argued that respect for the individual was the “secret sauce” in the U.S.’ long-lasting preeminence among nations. But it was certainly not the only factor. There were plenty of institutional innovations that helped the U.S. stay on top — economically, militarily, and in terms of the attractiveness of its society. One of these was American science. Today we take things like the modern research university, government grants for science, public-to-private research spinoffs, etc. for granted, but a lot of that infrastructure wasn’t there before World War 2. It was either invented or scaled up massively by the U.S. government in the postwar period, led by far-sighted scientist-bureaucrats like Vannevar Bush (pictured above). If you want to read about this history, a good place to start would be Jonathan Gruber and Simon Johnson’s excellent book Jump-Starting America. Those scientific institutions didn’t exist in a vacuum, however. They were backed by the U.S. government’s abiding faith in the power of science — and, even more fundamentally, by deep popular trust in the scientific enterprise. Science gave us radar and the atom bomb in wartime, and in peacetime it gave us plastics, vaccines, cheap food, and a thousand other things that made our lives easier. Science was also the driver behind American industry — chemicals, aerospace, telecommunications, computers, electronics, and so on. We owed science our jobs, our livelihoods, our comfortable living standards, and our greatness and power as a nation. It’s little wonder that both political parties, even as they fought viciously over other issues, were steadfast in their support of science. For a long time, the only people who distrusted science were a hippie fringe on the left who disliked modernity (or thought they did, anyway), who also disliked American industry and American power, and who subscribed to an early version of degrowth environmentalism. America’s scientific enterprise is still strong, especially compared to the systems in Europe, Japan, Korea, and other developed countries. It has lost a lot of ground to China in a relative sense, but a lot of that is because of China’s incredible growth; as China has poured untold amounts of money and talent into its research labs, spending and output have overtaken the U.S. by some measures. There are a few ways in which China’s rise creates problems for American science — for example, top scientists can choose to work in China instead of in the U.S. — and of course there’s the concern that China’s technological strength will help its military to reign supreme. But overall, China’s rise in science should be good for American science, since American scientists can use Chinese discoveries for free and build on them. The much bigger problem is that the scientific enterprise America built during and after World War 2 is now being threatened with absolute decline. The biggest problem, of course, is that much of the country — the Republican half — has basically lost faith in the scientific enterprise. To what degree this loss of faith is justified is an open question, and deserves to be discussed openly. But the larger point — that the system that powered American dominance is under threat — is true either way. Most Americans still trust science, but MAGA Republicans don’t There’s a myth, popular in right-wing circles, that scientists have lost the trust of regular Americans — either due to the increasingly left-wing composition of academic departments, or to misbehavior during Covid, or to DEI-related research taking over science, etc. This also fits with a wider narrative that Americans are losing trust in all of our institutions. But it just isn’t true. Poll after poll shows that on the whole, Americans still trust scientists and want to spend more on science. For example, here’s a Pew poll from late 2025 showing that although about a fifth of Republicans did lose confidence in science in 2020, two thirds still have at least “a fair amount” of confidence: That same poll found that scientists are among America’s most trusted groups — even better trusted than the military! In fact, Americans trust scientists more than people in most other countries do. Other polls show that although Republican trust in science has dropped somewhat, Republican support for spending more on science remains very strong: A Pew poll in 2023 found the exact same thing: So when MAGA types tell you about scientists losing their credibility, or a drop in trust in science, they’re only talking about themselves. Whatever left-wing politicization of science happened during the Biden administration — and there was definitely some of that — it was not enough to make most Republicans lose faith in the scientific enterprise, or favor research cuts in order to purge unwanted ideology from the system. That doesn’t mean I think progressives should continue down the path of politicizing scientific research. They should not, and Biden made real missteps in this area. Objectivity clearly matters for public trust of science in the long term. But as of right now, there’s no crisis of trust in science, except among the smallish minority of people who are running around screaming that there’s a crisis of trust in science. But despite science’s overwhelming popularity and public trust, Trump and his administration are launching an unprecedented and devastating attack on American science — cutting funding, and forcing science projects to undergo ideological review by government commissars. Trump’s comprehensive attack on science
‘Palworld 1.0’ Is Putting Up Enormous Steam Player Numbers At Launch
Palworld, the former viral sensation, has just launched its 1.0 version, and it has shown it still has a huge audience eager to play.
Politics Puts a Spotlight on TV, Film Production Exodus From L.A.
On today's 'Strictly Business' podcast, Luminate analyst Tyler Aquilina details his report, 'Hollywood Exodus,' onthe production crisis in L.A.
Meta Weighs Renting AI Compute as Cloud Business Takes Shape
Zuckerberg says strong demand for AI computing power could support cloud services and premium infrastructure deals.
Computer science student gains experience in IT and business operations at Stuckey's internship
Adir Ali Yerima ’29 shares how Oglethorpe prepared him for his current internship at Stuckey’s Corporation.
Sports quiz of the week: England v Norway, Wimbledon and Alexia Putellas
Have you followed the big stories in football, tennis, rugby union, cricket, cycling, rugby league and swimming?
‘Action required,’ ‘Leadership chose, YOU’: The recipe behind fundraising emails that can spread like weeds
Campaigns and political causes are mining for small-dollar donations through a flood of email solicitations. Wind up on one list and the asks will multiply.
Seahawks’ Mike Macdonald Gets Blunt on Potential Super Bowl Repeat
The Seattle Seahawks aren’t getting much attention despite being the reigning Super Bowl champions. Seattle hasn’t made any blockbuster moves this offseason to put themselves in the spotlight, while their NFC West rival, the Los Angeles Rams, has. Los Angeles made trades for Myles Garrett and Trent McDuffie this offseason to improve their defense and […] The post Seahawks’ Mike Macdonald Gets Blunt on Potential Super Bowl Repeat appeared first on HEAVY.
Jayden Daniels, other Commanders putting in work before training camp
Jayden Daniels and several of his teammates gather for some work ahead of training camp.
AJ Dybantsa, Darryn Peterson put on a show and hint at what's to come in Summer League showdown
Cubs Minor League Wrap: Iowa routs the Saints, 21-7
Iowa puts up 3 TDs on the Saints. South Bend also wins big.
Opinion | Northern Metropolis’ science and education focus key to Hong Kong’s future
Developing a ‘science and education city’ will put Hong Kong on course to support China’s national strategy.
Spatial transcriptome for cell segmentation
Nature Computational Science - A diffusion-based multimodal framework called DISSECT leverages transcriptomic gradients to refine segmentation boundaries, enabling high-precision single-cell...
Mayor Johnson names Dr. Garth Walker to lead Chicago Department of Public Health
Chicago Mayor Brandon Johnson has named Dr. Garth Walker as his choice to lead the Chicago Department of Public Health, putting the current chief medical officer of Rush Health in line to become the city's next public health commissioner.
Phillies Eyeing Padres Closer Mason Miller to Strengthen Struggling Bullpen
Despite the disappointing start to the 2026 MLB season, which led to the firing of manager Rob Thomson, the Philadelphia Phillies are right back in postseason talks. While interim manager Don Mattingly and the current roster have put the team back into contention, there are several areas of concern. The bullpen has been a clear weakness, which the Phillies are expected to address before the Aug. 3 trade deadline.
Meta’s Zuckerberg Says Exploring AI Cloud Business Makes Sense
Meta Platforms Inc. needs all the computing power it can get, Chief Executive Officer Mark Zuckerberg said, but in a market starved for resources necessary to run and develop artificial intelligence products he’s also considering whether some of Meta’s AI infrastructure could be more valuable if rented to outsiders.
Quantum computing wielded to create extremely rare material critical to nuclear fusion
Nuclear fusion inches closer after scientists combine supercomputing, AI and quantum computing to blueprint a way to create more tritium.
Three New College of Arts and Sciences Masters Programs Will Take Students to the Cutting Edge
School launches graduate degrees in quantum computing, data-driven economics, and artificial intelligence
Khosla-Backed Startup Claims Breakthrough With Largest-Ever AI Model on an iPhone
Apple is on a quest to shrink powerful AI models to run on iPhones, which could cut down on cloud computing costs and enhance user privacy. But a small startup that emerged from stealth mode earlier this year says it recently got an AI model running on an iPhone bigger than any previous mobile ...
America's Top States for Business 2026: See the full rankings and where your state finished
CNBC's annual study puts all 50 states to the test across 138 metrics and 10 categories of competitiveness. These are America's Top States for Business.
Beloved computer science professor who brought internet to University of Calgary retires after 6 decades
Sixty-two years after Jon Rokne stepped foot on campus, the computer science professor who brought the internet to the University of Calgary has retired — on paper. There isn’t a chance the 85-year-old will stop working.
Why Putin’s nuclear threats aren’t working anymore
Ukraine is striking deep into Russia and pressuring Crimea. Does Putin have any “red lines” anymore?
Referees’ reputations are being impugned by politicians. FIFA needs to defend them
Officials just want to do their jobs quietly but when they are targeted by politicians with agendas, they need protecting
Russian Rail Giant Wants Business to Bear More War Economy Pain
Russia’s largest employer is trying to address mounting financial pressures with new measures that some businesses worry will come at their expense, underscoring the growing strains on the economy as President Vladimir Putin’s war in Ukraine drags on.
The UAE is putting a homegrown satellite constellation into orbit
The company is working to mass manufacture commercial satellites and help the United Arab Emirates build sovereign space capabilities.
‘Check your ingredients’: A new blueprint for using Fermi’s ‘Golden Rule’
Fermi’s “Golden Rule” is a formula that connects theoretical quantum mechanics and what scientists observe in experiments, yet it is often misapplied. A new study by Yale physicists put this foundational formula through its paces.
C&H offloads sugar at industrial terminal due to strike, sparking health concerns
Concerns are growing over how raw sugar destined for the C&H Sugar refinery is being stored at a private terminal during an ongoing labor dispute, prompting calls for investigation by local officials and criticism from union leaders.
Graham Platner debacle puts Democrats in grave danger of blowing it in the midterms
The meltdown in Maine’s Senate race risks the Democrats’ opportunity to turn Trump into a lame duck president.
China bets on AI to speed up science despite chip limits
Driven by aggressive state policies and a national supercomputing network, Chinese labs are rapidly embedding AI into daily research
UF Health doctor arrested on child porn charges, Alachua County deputies say
Alachua County Sheriff’s deputies arrested a University of Florida assistant professor and UF Health doctor on child porn charges
International Business Machines (IBM) Unveils New AI Infrastructure, Is The Stock Fully Priced?
International Business Machines (IBM) stock has been in focus after a cluster of technology announcements, including quantum computing work on fusion energy, new z17 and LinuxONE 5 rack mount systems, and expanded cybersecurity partnerships. See our latest analysis for International Business Machines. Against this backdrop of quantum computing progress, new z17 and LinuxONE systems, and expanded cybersecurity partnerships, International Business Machines’ share price has moved sharply, with a...
Google Photos rolling out ‘Video Remix’ powered by Gemini Omni
Google Photos is using Gemini’s “create anything from any input” model to offer a new Video Remix capability for fast and stylized editing.
Computer Science Alum Pair Gains Key Experience Overseeing Data Science Projects as BU Spark! Postbaccalaureate Fellows
Learn how a pair of MET CS alums—one MS in Software Development alum and one who earned a MS in Computer Science with a concentration in Data Analytics—got vital experience overseeing data science projects as postbaccalaureate fellows in the BU Spark! program.
Scientists used AI to crack one of water's biggest mysteries
Water’s odd behavior becomes even more dramatic when it is supercooled, but scientists have struggled to compare the many different ways of describing its microscopic structure. Researchers at the University of Osaka used an AI model trained on computer simulations to evaluate 16 different structural descriptors. The system identified the most effective ways to distinguish between water’s two competing liquid states, providing a clearer framework for studying one of nature’s most mysterious substances.
Hungary moves to overhaul university models banned from Horizon Europe
Hungary’s new government is aiming to overhaul the governance model of the institutions and universities that lost access to Horizon Europe and Erasmus+ funds “in a short timeframe,” according to Péter Horváth, the new state secretary for science policy and innovation. “As of today, the two non-university foundation-controlled institutions under my remit have been transformed,” he told Science|Business. “We hope the universities will follow and that this will be enough to satisfy the EU’s demands.”Under the previous government, led by Viktor Orbán and his Fidesz party, many academic and scientific institutions were restructured and made into special public trust foundations, with members strongly linked to the government given lifelong mandates and significant decision-making powers with little oversight. The European Commission deemed that this undermined academic freedom and transparency in the country, leading to a ban on 34 institutions in 2022, including 21 universities, which saw academics in Hungary lose access to Horizon Europe grants. The new Hungarian government, elected in May and led by Péter Magyar and his Tisza Party, has promised to dismantle this governance model and restore the institutions to EU programmes. As a result, the European Commission has promised to return access to the Erasmus+ education mobility programme, but so far no concrete agreement has been made on the Horizon Europe programme for research and innovation. Hungary has already made legislative changes in June to allow the institutions to be reformed and set a timeline for the implementation.The non-university foundations, which are mainly cultural centres such as the Foundation for Hungarian Culture or the Makovecz Campus Foundation, will all be dissolved by August 31 this year, a date tied to EU-set milestones that Hungary must meet to unlock frozen funds, with control transferred to relevant ministries. Meanwhile, the universities will have until 31 August 2027. For each university foundation, the government will set the dissolution date and the body to take over operations. There is no final decision on a permanent new model for the universities, according to Hungarian MEP Eszter Lakos, who is shadow rapporteur for the Horizon Europe specific programme, a separate piece of legislation detailing implementation rules for the EU’s next research programme, due to start in 2028. “The aim of the transition year is to settle this with [the universities], not to impose a model, and not to put them under state control,” she told Science|Business. “The goal is to give academic independence back to universities.”There are three models that are most likely to be implemented. One would be a return to a traditional, state-run model. Another could be a newer, more self-standing public institution. A third option would be a reformed version of the foundation models that meet EU standards. According to Lakos, the dismantling of the system put in place by the Orbán government is well underway and if all goes according to plan, Hungary could regain access to EU research money by the start of the next academic year in 2027. “I believe that the Hungarian government is doing the necessary changes so the universities could return as beneficiaries to Horizon from the next school year,” she said. In the meantime, “the universities, institutes and cultural assets carry on under proper public stewardship rather than a handful of unaccountable trustees,” said Lakos. The laws passed in June impose new safeguards: board terms are capped at four years and renewable only once, appointments are made through open competitions and sitting politicians cannot join joining these boards.It remains unclear whether a domestic science funding programme set up as a back-up scheme by the former government following the EU funding ban, called HU-rizon, could be continued. “This programme should never have had to have been established in the first place, but it has proven to be quite popular,” he said. “I am considering continuing this programme with a refined focus on helping international collaborations.”Re-organising the research network One of the first priorities for Horváth and his cabinet is to resolve questions over the future of the Hungarian Research Network, Hun-Ren. The network of academic institutes was taken away from the Hungarian Academy of Sciences in 2019 and turned into a quasi-private organisation, with similarities in its governance to the public trust foundations.Horváth and his team have consulted over 5,000 representatives from the network and the conclusion is broad unhappiness with the directors of all the institutes involved. “We have presented the results to the president and the chief executive of the network and this is currently being discussed,” Horváth said. The plan is to re-integrate the network back into the Academy of Sciences but in an improved way, “learning from mistakes of the past,” he added. The government also wants to reintegrate four humanities and social science research centres into the network that the previous government had transferred to Eötvös Loránd University. The transfer brought sharp criticism from the academic community, with a group of Hungarian research heads, including European Research Council grant recipients, sending an open letter to Orbán warning that the transfer would “cause historically significant harm to the entirety of Hungarian scientific life.” The transfer was “one of the biggest shames in Hungarian research in the past 20 years,” Horváth said. “We want to immediately re-integrate them back into the research network and to regain the trust of these institutions, because the way they were treated was really unfair.”Another pressing issue is the Élvonal Excellence Research and Talent Development Foundation, led by Nobel laureate Ferenc Krausz. The foundation signed a financing agreement with the former government earlier this year for a budget of over €730 million over the next five years. The goal is to create a world-class centre to attract top talent from abroad and to develop local researchers. But there was little transparency about this foundation, and news of its huge budget, which is nearly as much as Hungary’s entire research budget, caused a stir in the media following the recent elections. Another issue is that, as with the foundation boards of the institutes banned from Horizon Europe, there was little-to-no oversight of decisions led by Krausz. “It was an excellent idea but an unacceptable execution,” Horváth said of the foundation. “The fact that this is out of the Hungarian funding scheme, mostly concentrating on one person who decides on the budget is unacceptable for us.”The government plans to merge the centre with the National Research, Development and Innovation Office, the country’s R&D funding agency, with a reduced budget. Horváth is hopeful that Krausz will still be involved. The new government’s R&D goalsA phrase that crops up regularly during the discussion with Horváth is “democratic process.” The new state secretary is determined to involve Hungary’s research community in shaping future policies. This marks a departure from the previous government’s approach, and several people in Hungary’s research community have commented on the openness of the new government. In terms of concrete goals, Horváth and his team already have plans. He wants to create a new science fund in Hungary, based on the best practices of other European countries. The fund would not be tied to annual government budgets and would provide long-term, stable financing. “If we were to succeed in creating this fund, then I think it would be one of the biggest achievements for me in this period of government,” Horváth said. On the innovation side, he is looking into how best to bring in the private sector. “We want to make sure that we are working with the private sector to support innovation,” Horváth said. One of his big aims is to introduce entrepreneurship teaching into high schools. Hungary already has a reputable national academy offering research and innovation training in the field of natural sciences, and Horváth wants to expand this to all disciplines and across the whole country. “One of the main ways to elevate our innovative businesses is to teach our children to be innovative,” he said. “This will probably need ten years to pay off, but this is what we should do. Our aim is to make Hungary strong in our region, and this is what is needed.” Related articlesHungary’s Horizon Europe performance in numbersCommission unlocks Erasmus+ cash for Hungary, Horizon could be next‘Academic Huxit.’ Hungarian researchers speak out on impact of EU ban A more difficult task will be funding. The new government is aiming to increase research spending to 2% of the GDP by 2030, and then increase it to 3% in line with EU objectives. Currently, spending sits around 1.3%. But according to Horváth, the current budget, inherited from the previous government, is “heavily in the negative,” so any plans to increase research spending will have to start next year. Achieving 2% by 2030 already needs a big push, almost doubling the research budget. “This is something we’d definitely like to reach, and something I can see us achieving,” he said. “From the 2030s, I’d like to see an innovative generation growing up that can help us reach the 3% target.” Positivity in the new governmentDespite the many challenges facing Horváth and his team, the mood is positive. “It feels a bit like a start-up right now. Everyone is working 24/7, day and night, trying to do as much as they can. There is a lot of energy,” he said. It is a big change for the state secretary who, like many in his cabinet, is coming from a background in research or business, and not in politics. “Six weeks ago, I was sitting with my microscope and my research PhDs, so it’s been a big change for me,” said the computer scientist, who was previously the director of the Institute of Biochemistry at the Hun-Ren Biological Research Centre in Hungary and worked at the Institute for AI for Health at Helmholtz Munich. But he is relishing the task to transform the country’s R&D landscape. “We feel enormous support from the Hungarian people, but also from Europe,” he said. “We’ve received a lot of letters of support from around Europe. There is big trust there, and huge responsibility on our side. We want to get everything back on track, and there’s a lot to do.”
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