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Category Archives: Transhuman News
Tributes to former teacher and ‘one of life’s great human beings’ who died of brain tumour – North Wales Live
Posted: February 22, 2021 at 2:18 pm
Tributes have been paid to an "inspirational" PE teacher and coach who died of a brain tumour.
Tim Harding, former head of PE at Eirias High School in Colwyn Bay died peacefully at St David's Hospice on Thursday.
Eirias High School took to social media to announce the sad news.
They posted: "It is with the heaviest of hearts we have to let you know of the passing of our dear friend, former head of PE and Eirias legend Tim Harding.
"Tim was such an inspiration to his colleagues, pupils and the wider community.
"Our thoughts are with Sally, Tom and Matt."
Eirias Hockey Club posted: "The club are deeply saddened to hear of Tim Hardings passing. A former player and a keen supporter who will be missed by all at the club. Our thoughts are with Sally, Tom and Matt. "
Colwyn Bay school, Rydal Penrhos announced on its website: "It is with great sadness that we wish to announce the passing of Mr Tim Harding, beloved husband of Mrs Sally Harding (Head of Senior School) and father of Matt and Tom (former pupils).
"After many years of fighting with a brain tumour, Tim passed away peacefully in St Davids Hospice on Thursday, 18 February 2021.
"Tim has been a much-loved and highly regarded member of the Rydal Penrhos community. He has always been an absolute inspiration to everyone who knows him with his motivation and positivity.
"The school offers our condolences to Sally and the Harding family."
Haus Coffee Shop in Colwyn Bay wrote on Facebook: "We are very saddened by the news to have lost our customer, Tim Harding. We are very grateful to have met him.
"Tim's smile and kindness will be dearly missed by all the staff from Haus.
"Our thoughts are with his family and dear friends at this most difficult time."
Former students also paid tribute.
One said: "I have so much to thank Mr Harding for - amazing teacher and even better mentor to me in school.
"Rest in Peace."
Another added: "Rest in peace sir, best teacher ever."
One said: "What sad news. Tim was a great teacher and person. I was lucky enough to be taught by him from Yr 7 through to Yr 13. My thoughts are with Tims family and his colleagues at the sad time."
Another said: "Very sad news.
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"Tim was a huge influence on me growing up through Eirias, as Im sure he was to the thousands of other kids fortunate to have been taught by him. Sending all my love to his family. One of lifes great human beings who will be missed by lots."
While one said: "Such sad news - Tim was always so supportive of my son (who wasnt the best behaved) - I will always be thankful for how he treated him - Nothing but respect for such an amazing person and truly inspirational teacher - my thoughts are with Tims family."
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Small businesses post-Covid recovery: Why banks alone cannot empower MSMEs to survive and thrive – The Financial Express
Posted: at 2:18 pm
This is the most under-served category, anchored neither by the corporates nor by the Government.
Credit and Finance for MSMEs: As India focuses on post-Covid-19 recovery, the revival of MSMEs is clearly understood to be key in wider employment generation and for distribution of the benefits to the economy. The lack of working capital so far has constrained many of the shuttered, marginally functioning, and surviving MSMEs from returning to their full economic potential. Therefore, when the Reserve Bank of India called out for financial institutions to adopt cash-flow-based lending, the industry applauded the dynamism that the government wants to bring in addressing capital requirements of MSMEs, which incidentally comprise 95 per cent of all businesses in India. It would not be wrong to say that ever since cash flow-based lending has literally been trending when it comes to any discussion on MSME.
However, the uncertainty of lending in an already muted business segment has already replaced the earlier cheer as financial institutions, be it banks or NBFCs, get to action the policy push.Several operational and technological constraints come in the way. For starters, MSMEs tend to be treated as one generic pool based on their turnover, which is not appropriate to determine access to working capital. Their risk profiles and who they get funds from can be better understood by decoding who MSMEs buy from and who they sell to:
Category 1: MSMEs who are vendors or suppliers to larger Corporates or Government
This is a safer category for banks to lend since there is regulatory support to force their buyers to pay back the MSMEs. Banks and NBFCs can easily lend through platforms like Trade Receivable Discounting System or TReDS. The risk of non-payment is minimal, and the approach relieves banks from the heavy lifting task of Origination, KYC, and Invoice aggregation. And, their risk is not on the MSMEs, instead of on the corporates and the Government. In reality, this is another form of Account Payable financing for the buyers which is not to say that MSMEs do not benefit from optional early payment at a discount.
Category 2: MSMEs who buy from larger Corporates and sell to retailers or end-customers
There are lakhs of dealers and distributors of sectors such as FMCGs and other CPGs, who presently use the traditional Channel or Trade finance provided by banks via corporates to get credit periods. However, dealers hardly benefit from it; in fact, the corporates partly use early payments to pay to lenders. Given corporates have hard and soft backstops to ensure payments keep coming in Banks and NBFCs prefer this route to lend. Also, with difficulties in determining qualified origination of potential borrowers, the paucity of data, KYC/documentation challenges, and repayment risks, banks limit this to collateral-based finance within branch radius and have long decision cycles.
The recent generation of technology and algorithm-driven lenders have attempted to use eKYC and data from ITR, bank statements, etc. for quick approval of direct working capital loans to this segment. However, their own limited book size and First Loan Default Guarantee (FLDG) on leverage (when they borrow from banks) makes this a risky proposition where even a small percentage of NPAs can sink the business as we have witnessed in many cases.
Also read:Small business lender U GRO Capital expands to unorganised micro businesses; to lend up to Rs 15lakh
Category 3: MSMEs who directly sell their goods or services to end-customers
This is the most under-served category, anchored neither by the corporates nor by the Government. They form the lowest rung in access to finance and this is where fintechs and new-age tech NBFCs in India have already actioned or are fast developing lending programmes that are attuned with cash flows determined through digital acceptance and payments.
The opportunity
The vast opportunity for Banks and NBFCs to scale access to working capital lies in the second category where trade finance is playing a muted role, currently. And here, financial technology can do the trick.For example, technology can offer real-time cash flow data instead of collaterals to determine credit. Pre-validation by corporates of their approved dealers to minimize KYC requirements and use payment behavior analytics as an adjunct to credit scores makes decision making more realistic. Integration of payments rails and open banking APIs from banks to ease payments. Inbuilt soft and/or hard backstops from corporates to help mitigate lenders risk, and automating collections as an integral part of the eco-system can boost the confidence of lenders.
This has advantages for corporates too with early cash flows and lower Daily Sales Outstanding (DSO), and for MSMEs with faster access to capital.An example of this is the Government of Indias success in tax collection and adherence through e-invoicing. Simple end-to-end automation of the invoice lifecycle presentment, payment, collection and reconciliation itself can provide for real-time, transparent, and integrated sources of cash flow-based data. This will definitely empower banks and NBFCs to differentiate between actual risks and perceived risks of lending to MSMEs.
To conclude, I would say just as humanity did not shy away from technology in getting on with their lives despite COVID-19, financial institutions too must not shy from using technology to get to the task at hand. For any unfounded fears still, this quote from the great Albert Einstein can be encouraging A ship is always safe at shore but that is not what it is built for.
Mohan Krishnan is the Founder of Global PayEX. Views expressed are the authors own.
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Report Flags Human Rights Violations in Post-Lockdown Kashmir, Alleges Severe Restrictions on Civil Liberties – TheLeaflet – The Leaflet
Posted: at 2:18 pm
A report published by the Forum for Human Rights in Jammu and Kashmir has found that 18 months after the abrogation of the states special status, human rights violations are still prevalent in the state. Public and civilian safety continues to be compromised to combat counterinsurgency through illegal detention, arbitrary arrests and denial of freedom of expression. A report byMANYA SAINI.
THEForum for Human Rights in Jammu and Kashmir, an independent body recently published a report noting the violation of rights in the state between August 2020 to January 2021. It found that people in the Union Territory continue to suffer from abductions by militants, assassinations, and custodial killings and inadequate remedial measures.
The forum, co-chaired by former Supreme Court judge, Madan B. Lokur and former J&K interlocutor Radha Kumar found that statutory bodies established to redress grievance related to humans rights, women and child rights, as well as the right to information have not been reinstated yet.
The second report observed that almost every violation that it had found flagged in its first report, between August 2019-July 2020, continues in Kashmir. This includes denial of the right to a fair and free trial alongside vitiation of protections such as habeas corpus and prevention of illegal detention. Further, it alleges grievous misuse of the Public Safety Act (PSA) and the Unlawful Activities Prevention Act (UAPA) to throttle dissent.
The report in its findings alleges that there is a near-total alienation of the people in Kashmir from the central government and other states of the country. The same also exists in Jammu but not to the same extent, due to comparatively less civilian cost of insurgency, as well as economic and educational losses. As per the report,counterinsurgency concernsare prioritised by the government over the welfare of the people.
In Kashmir, it notes a marked increase in fatalities of both civilians as well the armed forces in the last year. Instances of IED blasts, cross-border shelling and grenade attacks have also risen steadily. Several local political leaders remain detained or arrested, the latest being thePeoples Democratic Partys (PDP) youth president Waheed ur Rehman Para.
The report has also taken objection to the recent pellet-firing, lathi charge and the use of tear gas on civilians during Muharram processions, calling them entirely avoidable. It has cited negligence saying, Adequate planning by the administration in cooperation with Shia leaders could have ensured sanitary measures were taken without banning the processions. It alleges that in any circumstance, the decision of the authorities to arrest 50 people participating was excessive.
Public assembly continues to be banned under Section 144 of the Code of Criminal Procedure 1973 (CrPC). It also claims that the Jammu and Kashmir administration during the district development polls has added a new category of protective detention.
Citing these reasons as contributing factors, the report concluded that therates of militant recruitment, which had fallen, have started to rise again, rendering 2020 as the year with the second-highest militant recruitment in a decade.
As per the report, Kashmir suffers from rampant unemployment, at 16.6 percent, it is nearly twice in comparison with the rest of the country. The already limited healthcare facilities have gotten steadily worse amid the COVID-19 pandemic.A childs right to a trauma-free environment is regularly ignored in the region.
Even as local and regional media functioned with little independence, they have been further eroded with the implementation of the much-criticised new media policy which has led to the disempanelment of about 20 media outlets.
This includes Rising Kashmir, whose editor, Shujaat Bukhari was assassinated in 2018 by a terror outfit. It has demanded criminal and civil action against armed forces, police personnel and paramilitary forces guilty of attacking journalists with an intent to intimidate and hamper free press.Media houses over the period have struggled with several economic, administrative and logistical problems amid targeting and assault.
The 18-month ban on 4G internet services by the government in Kashmir has added to the suffering of the people, causing trauma and stress, and impacting public health. It states that the restrictions were in violation of the rights to health and medical care under the Indian, and Jammu and Kashmir, constitutions.
The recommendations made by the Forum in the report include the release of people who were put in preventive detention after August 4, 2019. Further, it has asked that PSA be repealed alongside all legislation that allows preventive arrests. The report has urged that the Armys additional directorate for human rights be given the freedom to investigate alleged human rights violations, such as the Hokersar deaths. It has also asked for the removal of all restrictions on the freedom of representation and expression, including, the withdrawal of unsubstantiated charges against local leaders, journalists and activists.
(Manya Saini is a student at the Symbiosis Institute of Media and Communication, Pune, and an intern with The Leaflet.)
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Samsung now offers four years of security updates to Galaxy phones and tablets – 9to5Google
Posted: at 2:18 pm
Updates are one of the biggest problems facing the Android ecosystem, as some devices are abandoned far before their time, and others are delayed for months. Samsung has done an excellent job in improving both the speed and frequency of its updates, and over the past year it has also been expanding the length of support. Today, Samsung is announcing a full additional year of security updates for every Galaxy device released since 2019.
In a blog post today, Samsung revealed that all Galaxy smartphones and tablets will receive security updates for a minimum of four years after their release, and the policy extends to devices as far back as 2019. This change of policy guarantees that more Samsung devices will get security updates in the fourth year of their life. Samsung previously announced three years worth of major system updates for all of its phones and tablets last year.
Over the past decade, Samsung has made significant progress in streamlining and speeding up its regular security updates. Samsung worked closely with its OS and chipset partners, as well as over 200 carriers around the world to ensure that billions of Galaxy devices receive timely security patches. Samsung remains committed to offering security updates as quickly as possible to always stay one step ahead and keep its users safe.
For the first two years, Samsung provides devices with monthly security updates (pending delays by carrier partners and may vary by device), and then devices are dropped down to quarterly updates. Samsung publicly lists this information on a website. During this added fourth year, Samsung will be providing regular security updates, meaning they could only occur once or twice during that year.
Still, thats better than nothing. Google, for instance, cuts off support for Pixels entirely after three years, leaving those devices without any promised security or system updates. Most other Android OEMs promise only two years, and often dont live up to that. Notably, Samsung has had this four-year policy in place for Enterprise devices for over a year.
This updated policy for Samsung applies to over 40 devices going back to the Galaxy S10 and Note 10, as well as Galaxy A, Z, XCover, and Note devices. The full list includes:
Galaxy S:
Galaxy Note:
Galaxy Foldable:
Galaxy A:
Galaxy Tab:
Galaxy XCover:
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Until Recently, People Accepted the ‘Fact’ of Aliens in the Solar System – Scientific American
Posted: at 2:18 pm
One of the most intriguing aspects of the history of the human quest to discover whether or not there is other life in the universe, and whether any of it is recognizably intelligent in the way that we are, is just how much our philosophical mood has changed back and forth across the centuries.
Today were witnessing a bit of a "golden age" in terms of active work towards answers. Much of that work stems from the overlapping revolutions in exoplanetary science and solar system exploration, and our ongoing revelations about the sheer diversity and tenacity of life here on Earth. Together these areas of study have given us places to look, phenomena to look for, and increased confidence that were quick approaching the point where our technical prowess may cross the necessary threshold for finding some answers about life elsewhere.
Into that mix goes the search for extraterrestrial intelligence (SETI); as weve become more comfortable with the notion that the technological restructuring and repurposing of matter is something we can, and should, be actively looking for. If for no other reason than our own repurposing of matter, here on Earth, has become ever more vivid and fraught, and therefore critical to appreciate and modify in aid of long-term survival. But this search, labeled as both SETI and the quest for technosignatures, still faces some daunting challenges not least the catch-up required after decades of receiving a less-than-stellar allocation of scientific resources.
What is so fascinating is that in many respects we have already been here and done all of this before, just not recently, and not with the same set of tools that we now have to hand.
In western Europe, during the period from some four hundred years ago until last century, the question of life beyond the Earth seems to have been less of if and more of what. Famous scientists like Christiaan Huygens wrote in his Cosmotheoros of So many Suns, so many Earths, and every one of them stockd with so many Herbs, Trees and Animalseven the little Gentlemen round Jupiter and Saturn And this sense of cosmic plurality wasnt uncommon. It was in almost all respects far simpler and more reasonable to assume that the wealth of life on Earth was simply repeated elsewhere. That is once one let go of a sense of earthly uniqueness.
In other words, in many quarters there was no are we alone? question being asked, instead the debate was already onto the details of how the life elsewhere in the cosmos went about its business.
In the 1700s and 1800s we had astronomers like William Herschel, or the more amateur Thomas Dick, not only proposing that our solar system, from the Moon to the outer planets, was overrun with lifeforms (Dick holding the record by suggesting that Saturns rings held around 8 trillion individuals) but convincing themselves that they could see the evidence. Herschel, with his good telescopes, becoming convinced that there were forests on the Moon, in the Mare humorum, and speculating that the Suns dark spots were actually holes in a glowing hot atmosphere, beneath which, a cool surface supported large alien beings.
Even though we might question some of their scientific standards, people like Herschel and Dick were indeed following the philosophy of life being everywhere, and elevating it to the level of any other observable phenomenon. Herschel was also applying the best scientific instruments he could at the time.
All the way into the 20th century, prior to the data obtained by the Mariner 4 flyby in 1965, the possibility that Mars had a more clement surface environment, and therefore life, still carried significant weight. Although there had been extreme claims like Percival Lowells canals on Mars in the late 1800s and very early 1900s, astronomers of the time largely disagreed with these specific interpretations. Interestingly, that was because they simply couldnt reproduce the observations, finding the markings he associated with canals and civilizations to be largely non-existent (an example of how better data can discount pet theories). But aside from Lowells distractions, the existence of a temperate climate of sorts on Mars was not easy to discount, nor was life on its surface. For example, Carl Sagan and Paul Swan published a paper just ahead of Mariner 4s arrival at Mars in which they wrote:
The present body of scientific evidence suggests, but does not unambiguously demonstrate, the existence of life on Mars. In particular, the photometrically observed waves of darkening which proceed from the vaporizing polar caps through the dark areas of the Martian surface have been interpreted in terms of seasonal biological activity.
Suffice to say, this proposal went the way of many other overly optimistic ideas about finding life on the red planet. Although it is fascinating how well the periodic darkening phenomenon they discussed could indeed fit into a picture of a surface biosphere on Mars and remains perhaps a rather sobering lesson in overinterpreting limited data.
But the key point is that we have actually more often than not been of a mindset that life is out there, and could explain certain cosmic observations. The problem has been that, as data has improved, and scrutiny has intensified, the presence of life has not revealed itself from planetary exploration or from the search for extraterrestrial intelligence. And because of that weve swung to the other extreme, where the question has gone from "what" all the way back to if.
Of course, we have also likely systematically underestimated the challenge across the centuries. Even today it is apparent that the search for structured radio emissions from technological life has thus far only scratched the surface of a complex parameter space; a fact beautifully quantified and articulated by Jason Wright and colleagues in 2018, as being much like looking in a hot tub of water to draw conclusions about the contents of Earths oceans.
In that sense, perhaps the more fundamental question is whether or not we are, this time, technologically equipped to crack the puzzle once and for all. There is little doubt that our capacity to sense the most ethereal, fleeting phenomena in the cosmos is at an all time high. But there seems to be a fine line between acknowledging that exciting possibility and falling prey to the kind of hubris that some of our precursors fell prey to. Naturally, we say, this is the most special time in human existence, if we can only expand our minds and our efforts then all may be revealed!
Of course, none of us can know for sure which way this will all go. We might do better being very explicit about the uncertainty inherent in all of this, because its actually incredibly exciting to have to face the unknown, and unknowable. What we shouldnt do is allow the unpredictable nature of this particular pendulum, swinging between possibilities, to dissuade us from trying.
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Why an Animated Flying Cat With a Pop-Tart Body Sold for Almost $600,000 – The New York Times
Posted: at 2:18 pm
The nascent market for these items reflects a notable, technologically savvy move by creators of digital content to connect financially with their audience and eliminate middlemen.
Some NFT buyers are collectors and fans who show off what they have bought on social media or screens around their homes. Others are trying to make a quick buck as cryptocurrency prices surge. Many see it as a form of entertainment that mixes gambling, sports card collecting, investing and day trading.
Eye-popping NFT sale prices have attracted some of the same confusion and derision that have long haunted the cryptocurrency world, which has struggled to find a good use for its technology beyond currency trading. And there is uncertainty over the stability of values, since many of the transactions are using cryptocurrencies, which have fluctuated wildly in worth over the last two years.
But true believers remind people that most big things in tech from Facebook and Airbnb to the internet itself and mobile phones often start out looking like toys.
A lot of people are cynical about this kind of thing, said Marc Andreessen, a venture capital investor at Andreessen Horowitz, in a discussion on the social media app Clubhouse this month. But people dont buy things like sneakers, art or baseball cards for the value of their materials, he and his partner, Ben Horowitz, explained. They buy them for their aesthetics and design.
A $200 pair of sneakers is, like, $5 in plastic, Mr. Andreessen said.
Youre buying a feeling, Mr. Horowitz added.
The market for NFTs began to pick up last year, with more than 222,000 people participating in $250 million worth of sales, quadrupling the volume in 2019, according to Nonfungible.com, which tracks the market. As day trading has risen alongside the stock market in the pandemic, investors have looked for riskier and more esoteric places to make money, from sneakers and streetwear to wine and art.
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Why an Animated Flying Cat With a Pop-Tart Body Sold for Almost $600,000 - The New York Times
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‘Nothing beats that human touch’: Leeds care home boss welcomes move to allow relatives to hold hands – Yorkshire Evening Post
Posted: at 2:18 pm
Jodie Boucher, manager of Carr Croft Care Home in Meanwood said its time that the guidance took a step forward to allow families the long-awaited closer contact with their loved ones.
I think its a fantastic idea and I think it really needs to happen now.
We need to move forward and reunite people. Even just holding a hand, that touch and the emotion - it will just enhance the wellbeing of people.
Jodie, who is also chairwoman of Leeds registered managers network, acknowledged there will still be risks involved but said care homes now needed to start taking that risk, as safely as possible.
I cant wait. This has got to happen. These people may otherwise pass away without seeing their loved ones and thats just awful.
She added: People have missed their loved ones. Weve supported them to communicate in other ways - phone calls, outside visits, writing letters. But theres nothing that beats that human touch.
Under the plans, the nominated regular indoor visitor will be required to take a coronavirus lateral flow test before entry and personal protective equipment (PPE) must be worn.
Residents will be asked not to hug or kiss their relatives, though hand holding will be permitted.
Guidance for care homes is expected to be published in the next fortnight.
As the Yorkshire Evening Post reported last week, the charity issued a rallying cry to its supporters in Leeds and Yorkshire to sign a letter calling on the Government to set out a clear timetable for the re-introduction of meaningful visits from loved ones in care homes, where at least 70 per cent of residents have dementia.
Health Secretary Matt Hancock said he was "pleased" that it would soon be possible for people to be "carefully and safely reunited with loved ones who live in care homes".
Outdoor visits - as well as those inside pods or behind screens - will be able to continue, giving residents the chance to see more than just their nominated visitor.
The Government met its target to offer all care home residents - along with social care and NHS staff, all those aged over 70 and the most clinically vulnerable - a vaccine by February 15.
Scientists believe the vaccines become effective after three weeks, meaning by March 8 all those who accepted a vaccine should have a good level of protection from Covid-19.
However, vaccination will not be a condition of visiting. Visits will also be suspended during local outbreaks in individual homes.
The Department of Health said the relaxation of the restrictions represented a balance between the risk of infection and the importance of visiting for the mental and physical wellbeing of care home residents and their families.
Mr Hancock said: "I know how important visiting a loved one is and I'm pleased we will soon be in a position for people to be carefully and safely reunited with loved ones who live in care homes.
"This is just the first step to getting back to where we want to be. We need to make sure we keep the infection rate down, to allow greater visiting in a step by step way in the future."
Care Minister Helen Whately added: "One of the hardest things during this pandemic has been seeing families desperate to be reunited with their loved ones kept apart and I absolutely want to bring them back together.
"Throughout this pandemic we have sought clinical guidance on how visits can be conducted safely.
"We had to restrict the majority of visiting when the new variant was discovered but we have done all we can to enable visits to continue in some form. That includes providing funding towards costs of screens and PPE.
"As we begin to open up we will move step by step to increase visits while remembering we are still in the grip of a global pandemic."
Professor Deborah Sturdy, chief nurse for adult social care, said: "I know how much people want to visit, hug and kiss their loved ones but doing so can put lives at risk so we would ask people to continue to follow the rules.
"This is a first step towards resuming indoor visits and we all hope to be able to take further steps in the future.
"I am pleased as a result of so many people following the rules we are in a position to increase visits and hope this is just the start."
It comes as the Prime Minister Boris Johnson prepares his "road map" out of the national lockdown, the details of which he is expected to announce on Monday.
The relaxation was welcomed by charity Age UK, whose director Caroline Abrahams said: "Hundreds of thousands of older people in care homes and their loved ones will sleep a little easier tonight, now they know the journey towards fully reopening care homes to visiting is to begin soon.
"It makes sense for the first step to be to allow 'essential care giving visitors' back into care homes because these individuals are so crucial to the health and wellbeing of the residents they support.
"In their absence we know that some older people have stopped eating and drinking, despite the best efforts of staff to take their place. Sometimes, only the person you love most in the world will do and it's to the Government's credit that they have recognised this.
"However, there are relatively few of these very special people so most care home residents and their families will have to wait a little longer for permission to meet up in person again.
"Still, now they can realistically hope that their nightmarish, prolonged separation will be coming to an end soon - something that would have been inconceivable before the pandemic and that we must do everything possible to prevent from ever happening again."
However, Independent Care Group chairman Mike Padgham said: "We must sound a note of caution because Covid-19 hasn't gone away and we are caring for the most vulnerable and most susceptible to it.
"We need some clarification - for example, the announcement says holding hands will be allowed but warns against 'close contact'. How is that going to be possible? There is going to have to be some very close but compassionate supervision of these visits.
"In truth, we might have preferred a more phased return to visiting with maybe a period of no contact visits followed by some careful contact."
Shadow health and social care minister Liz Kendall said: "For the last seven months, backed by Labour and charities, families have been calling for care home visits to start again and to be treated as key workers with access to all the PPE and testing they need.
"Over this period ministers have repeatedly failed to grasp how important families are for the physical and mental health of care home residents and the appalling impact preventing visits has caused.
"Never again must families be denied the right to visit their loved ones in care homes. To have any confidence that things will really change, we need legislation to enshrine residents' rights to visits and end the scandal of blanket visiting bans."
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Ageras nabs $73M at a $244M valuation for its accountancy marketplace and bookkeeping tech stack – TechCrunch
Posted: at 2:18 pm
Vertical marketplaces continue to be a key lynchpin in the digital economy, a centralized place where people providing certain goods or services can connect with those specifically looking to buy them, a position that has, it seems, become even more prominent and in-demand in our pandemic economy. In line with that trend, today a startup out of Denmark called Ageras Group, which has built a dual-purpose platform, providing both accountancy software and a marketplace for small and medium businesses to find accountants, is announcing a round of growth funding to expand its business.
The Copenhagen-based company has closed a round of $73 million from a single investor, Lugard Road Capital.
Ageras is not disclosing its valuation, but this report in Danish publication Borsen pegs it at 1.5 billion Danish krone, or around $244 million at todays rates. Weve asked an Ageras spokesperson to confirm the figure and will update this post as we learn more.
Were also asking how much it has raised in the past. Founded in 2012, the startup was bootstrapped for its first five years, and PitchBook discloses only around $220,000 before this round. Previous investors include Investcorp which took a majority stake in the company in 2017 and more recently Rabo Bank.
The new investment comes on the heels of good growth for the company, with plans to capitalize on that. Ageras has now passed 340,000 users across Denmark, the U.S., Sweden, Norway, Holland and Germany. It says that the plan will be to use the funding to expand into what it generally describes as growth markets new countries, new customer segments and also adding more services to its software stack both through organic growth and acquisitions.
Ageras has established a market leading and best-in-class product offering that is optimally positioned for international expansion and the rising demand for automated business tools, said Rico Andersen, Ageras CEO who co-founded the company with Martin Hegelund, himself a serial investor who has backed the likes of Slack. This latest financing round will support our ongoing commitment to scaling the Ageras brand and bringing our software offering to new customers across the globe. We look forward to continuing the Ageras story in the years to come.
Ageras today follows a fairly typical labor marketplace model: SMEs seeking accountancy services submit their requirements in three areas accounting, bookkeeping or auditing and in return they receive three leads to contact. That model is one that Andersen and Hegelund know well, having previously built an online marketplace for home service professionals called Fa det Gjort (which translates to Get it done!).
Alongside this and to further diversify the business model the company has expanded into building accounting software, starting first with its own in-house Meneto suite, and then adding to it with two acquisitions, Billy in Denmark and Tellow in The Netherlands.
The investment underscores the persistent popularity of the marketplace model for online business, made popular in e-commerce by the likes of Amazon and Alibaba but extended to a range of services as well.
The labor marketplace model has been a perennial one in the world of startups Uber helped pioneer it to connect those needing a ride with mobility options for getting somewhere, the likes of Deliveroo lets people sign up to deliver food and other goods to people, there are a number of platforms out there providing a way for tradespeople to connect with those needing a home or other job done, and so on.
And the evolution of that to expand to more knowledge worker jobs is not especially new, either. Upwork, Bark, Paro and others are among those offering a way for accountants to connect with would-be customers.
What is perhaps more notable is how the space seems to be growing right now: the pandemic has reduced a lot of foot traffic for business districts, changing what offices look like these days. That has opened the door to a wider range of people providing services to others, while at the same time possibly made it harder for them to be discoverable.
Marketplaces are one way to solve that challenge, and in that regard, its no surprise to see the reports that LinkedIn is eyeing up building its own marketplace for skilled workers.
That is not the only area where Ageras faces competition, though: in the area of online accounting services, meanwhile, there are a number of players, including established companies like Intuit as well as newer entrants like Pennylane, TaxScouts, Zeitgold and Stripe-backed Pilot.
Lugard appears to be a VC affiliated with U.S. hedge fund Luxor Capital Group and it has also backed the delivery platform Glovo, inRiver and others. Investcorp, meanwhile, continues to hold a significant stake in the startup as part of its bigger tech investment strategy, which has included acquiring and then selling security firm Avira, and recently taking a stake in Indias logistics startup Xpressbees.
The combination of Ageras mission critical software, backed by a reputation for dependability, insights into the professional service market, an outstanding management team, paired with its cutting-edge research & development has ensured it has continued to grow its market position and deliver an accountancy ecosystem based on high quality recurring revenue, said Gilbert Kamieniecky, MD and head of Investcorps technology vertical, in a statement. The additional financing secured by Ageras will help to drive international expansion and support the continued innovation of its customer offering.
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Ageras nabs $73M at a $244M valuation for its accountancy marketplace and bookkeeping tech stack - TechCrunch
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Who Will Be the Next F.D.A. Chief? – The New York Times
Posted: at 2:18 pm
Early in the coronavirus outbreak, Dr. Sharfstein urged public health officials to focus on protecting racial and ethnic minorities, poor people and others who face social inequities. He has called for expanding housing to hold people with mild symptoms in quarantine; protecting tenants from eviction and offering incentives to food providers to deliver food to low-income neighborhoods for free or at a discount. He also proposed a federal coronavirus insurance program.
The last time his name was seriously floated for the top post, back in 2008, Dr. Sharfstein drew opposition from the pharmaceutical industry, which protested his criticism of off-label drug marketing and gifts from pharmaceutical companies to physicians.
Since 2015, Dr. Sharfstein has worked at the Johns Hopkins Bloomberg School of Public Health, where he is vice dean for public health practice and community engagement. He was also a former health commissioner for Baltimore.
I think Josh would be a good choice, said David Nexon, a former executive at the Advanced Medical Technology Association, known as AdvaMed. Hes a very smart guy, very committed to public health and he has a broad public health background, which would be an asset because of F.D.A.s wide-ranging responsibilities.
Dr. Woodcock, 72, also commands deep support, especially within the vast network of cancer-related patient advocacy groups, researchers and the drug companies that help finance them. But Dr. Woodcock, who has spent over 36 years working for the agency, has also generated much stiffer opposition in this round than Dr. Sharfstein.
In the past, even when the F.D.A. review of the drug was scathing, quite often Janet Woodcock or another high level F.D.A. official would be at the meeting, clearly pushing the advisory committee to recommend approval, said Diana Zuckerman, president of the National Center for Health Research, a think tank and advocacy group. But by law, these advisory committees are supposed to make recommendations independent of any F.D.A. pressure.
But the loudest objections to Dr. Woodcock focus on the F.D.A.s role in the opioid epidemic during her two stints as chief of its drug division, from 1994 to 2004 and then again from 2007 until she moved to Operation Warp Speed last May. (Between those two postings, she held other roles at the agency.)
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3 things Android 12 can do that Android 11 can’t – CNET
Posted: at 2:18 pm
Andrew Hoyle/CNET
Google unveiled the latest version of its Android operating system this week, Android 12. Available now as a developer preview, Android 12 appears to be pretty similar to Android 11, with a few new features and some performance fixes aimed at helping your phone run more smoothly.
If you're eager to try out the new OS, you can download and install the Android 12 developer preview now. But be warned that as the first developer preview, it is likely full of bugs, and isn't meant for the average person to try out at this point -- especially not on your primary device. We expect Google to launch a public beta in May, and the final version around August or September.
Here are three of the biggest new features we've seen in Android 12 so far, compared to Android 11.
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Google is adding several new privacy features to apps to give users more transparency and control, according to an Android Developers blog post. One update gives you more information about how cookies can be used across sites, while another changes how apps export information to prevent them from accidentally exporting activities, services and receivers.
It's worth noting that these policies are less strict than those in Apple's recent iOS software release, which includes new app "nutrition labels" that tell people what personal data their apps are collecting, and an upcoming change that requires developers to ask people for permission to gather data and track them across apps and websites.
Discover the latest news and best reviews in smartphones and carriers from CNET's mobile experts.
With Android 12, Google is changing up the design of notifications to make them more modern and functional. When you tap on a notification, it will take you directly to the app or action you want to take, instead of going through an intermediary service to start that action. This should make everything run faster, according to the blog post.
As noted by tech site XDA Developers, Android 12 also gets a new button that lets you snooze unimportant notifications, and choose how long to do so. You can also turn on adaptive notifications ranking to let Android rearrange your notifications based on how you work with different apps, and reset it the ranking if you don't like it.
Android 12 appears to include a few design changes that make it easier to operate Android phones with one hand and your thumb. XDA Developers noted that the updated settings UI moves the Search bar to the bottom of the display for easier one-handed access. It also uncovered a new feature called "silky home" that makes the entire interface more suitable for one-handed use.
For more, check out how to download the Android 12 developer preview, and the best Android phones to buy for 2021.
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