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Ant plans US$17.5 billion Hong Kong IPO, no cornerstones

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(Sept 24): Jack Ma’s Ant Group Co. is seeking to raise US$17.5 billion in its Hong Kong share sale and won’t seek to lock in cornerstone investors, confident there will be plenty of demand for one of the largest equity deals in the financial hub, according to people familiar with the matter.The fintech giant has assessed investor interest, betting it can pull off the Hong Kong portion of the initial public offering without cornerstone investors that are often needed for large deals, according to the people. Ant is leaning toward inviting these big investors for the Shanghai sale to mitigate price fluctuations, the people said, asking not to be identified because the matter is private.
The Hangzhou-based firm is planning to issue new stock equal to about 11% to 15% of the shares outstanding and split the float evenly between Hong Kong and Shanghai, the people added. Ant is mulling what could be the world’s largest IPO, seeking to raise about US$35 billion in the dual listing at a valuation of about US$250 billion, people familiar have said.
Plans are still under discussion and could change. Ant declined to comment in an emailed statement.
Cornerstone investors, more common in …

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Far from home, refugees build digital heritage with virtual reality

far from home, refugees build digital heritage with virtual reality

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By Rina Chandran6 Min Read(Thomson Reuters Foundation) – Growing up, Naseem Badar heard stories from her parents, uncles and aunts of how they fled for their lives from their village in northern India amidst bloody riots during the Partition and made their way to the newly created country of Pakistan.The Partition in 1947, following India’s independence from British rule, triggered one of the biggest forced migrations in history, uprooting more than 12 million people and killing more than one million.For Badar, who lives in London and has never visited India, it was hard to picture her family in Roopnagar in Punjab state, until she saw a virtual reality film made by non-profit Project Dastaan, which documents accounts of Partition survivors.“They had very vivid memories of the village and their homes – a certain tree, the lake, the mosques. Project Dastaan was able to find these places and film them, and it was a very emotional experience for my family to see them again,” she said.“They were traumatised by the Partition and suffered a great deal, but the film brought a smile to their faces. It is important to preserve these memories because it is a big …

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Stanford professor awarded $4 million prize for education research

stanford professor awarded $4 million prize for education research

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You are hereHomeNews MediaStanford professor awarded $4 million prize for education research

Stanford professor awarded $4 million prize for education research

Carl Wieman (Photo: Andrew Brodhead)

Announcements | Awards | Science and Math Education

Stanford professor awarded $4 million prize for education research

Carl Wieman was named a recipient of the 2020 Yidan Prize, the world’s largest award in education.

September 23, 2020

By Carrie Spector

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Stanford professor and Nobel laureate Carl Wieman, an influential scholar whose work has shaped a new understanding of how to improve college science teaching and learning, was named a recipient of the 2020 Yidan Prize for education research on Wednesday.

The Yidan Prize is the world’s largest prize in education. Wieman will receive approximately $4 million in recognition of his work.

“I am thrilled and honored to be recognized with this award,” said Wieman. “It is wonderful to receive this recognition of my work, although really it is the recognition of the work of my wonderful students and postdocs over the years.”

Wieman is a professor in the Graduate School of Education and the Department of Physics in the School of Humanities and Sciences and holds the DRC chair at the …

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Best onpage SEO tools in 2020

best onpage seo tools in 2020

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The best onpage SEO tools will provide insights into how to improve your website and webpages in an easy to understand and manage manner.Best onpage SEO toolsOnpage SEO tools are an essential part of ensuring that your website is search engine friendly, and that means being able to do a proper site analysis using the SEO tools available. There are a number of site audit tools that will allow you do this, ensuring that your webpages follow a proper document structure, for example, such as the use of page titles, meta descriptions, and alt tags for images. Potential issues can be flagged, though it helps to have some idea of what is entailed by onpage SEO as some tools provide flags that are irrelevant, and are therefore best ignored.However, ensuring a website is optimized for search engines also means you need to ensure it’s properly optimized for human users. After all, SEO originated from improving website accessibility whenever webdevelopers moved away from existing web standards, such as by not having unique page titles. That means ensuring you optimize the user experience, and avoiding simple errors such as missing pages or images, broken links, and other issues that might …

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UK ‘lacking leadership’ during coronavirus crisis

uk ‘lacking leadership’ during coronavirus crisis

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The UK government has “over-promised and under-delivered” as it deals with coronavirus, a former head of the civil service is to argue in a speech later.Lord O’Donnell will say “strategy” and “leadership” have been lacking.And he will say PM Boris Johnson used “political capital” by keeping senior aide Dominic Cummings in place after his long drive north during lockdown.The government said its “clear” strategy was to save lives, while protecting the economy and education.This week it tightened up rules in England on the size of social gatherings, pub and restaurant opening hours, and the use of face coverings.The changes came amid a rising infection rate and after the government’s two most senior pandemic advisers warned there could be 50,000 cases a day by October.Meanwhile, the number of daily recorded UK Covid-19 cases rose by a quarter to 6,178 on Wednesday.In his speech to the Institute for Fiscal Studies think tank, Lord O’Donnell will say: “We have to ask why a country with such reputed health and intelligence institutions has been so incapable of combating the Covid-19 pandemic.”The crossbench peer – who served as cabinet secretary under prime ministers Tony Blair, Gordon Brown and David …

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Germanna Wins Major Funding For Its Tech Talent Pipeline Project

germanna wins major funding for its tech talent pipeline project

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FREDERICKSBURG, VA — The GO Virginia Region 6 Council and GO Virginia State Board awarded Germanna Community College $634,938 in funding to support the school’s Tech Talent Pipeline Project to train more than 200 students entering high-demand engineering, information technology, computer science and cyber-related professions in the Fredericksburg region. GO Virginia is a statewide economic development initiative that provides project-based funds to encourage collaboration among the private sector, higher education and government partners to create higher-paying jobs. The project creates pathways to Germanna for middle and high school students as well as adults entering the workforce seeking to pursue occupations in engineering, IT, computer science, or cyber technology. “This project closes a major training gap for students within our region who want to pursue a career in engineering or IT but who may not take a traditional path to reach that goal,” Amy Henecke, dean of Professional and Technical Studies and Workforce Development, at Germanna Community College, said Wednesday in a statement. The funding will allow the college to join with others “to improve career outcomes for hundreds in our region while serving the key industry sectors of engineering and computer technologies,” said Janet Gullickson, president of Germanna Community College. The Tech Talent Pipeline …

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Audio feature: smart finance for a sustainable food system

audio feature: smart finance for a sustainable food system

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Bringing about a more sustainable food system will not come cheap. How can investors, businesses and governments ensure that their money has the maximum impact? In the third audio feature for the FT’s sustainable food and agriculture special report, science and environment reporter Anna Gross talks to two experts on the intersection of food and finance: Nancy Pfund, founder and managing partner of venture capital firm DBL Partners, and Peter van der Werf, engagement specialist at asset managers Robeco.Produced by Howard Shannon and Breen Turner

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Singapore hopes artificial intelligence will help boost its tourism industry

singapore hopes artificial intelligence will help boost its tourism industry

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A tourist in Singapore taking in the iconic skyline with Marina Bay Sands and the Singapore Flyer in view.IronHeart | Moment | Getty ImagesSingapore is gradually reopening its borders again after months of coronavirus travel restrictions.As the city-state looks to salvage its battered tourism industry — which contributes around 4% to its economy — it’s hoped that artificial intelligence (AI) can help the sector bring back visitors safely.Official data shows monthly visitor arrivals were down by 76% between January to July, compared to a year ago. Visitor arrivals in July alone were down more than 99% year-on-year.Even though the Southeast Asian nation remains closed off to most foreigners, officials are now considering lifting restrictions for select groups of visitors. Local start-ups like Vouch and Travelstop are betting on their AI-powered systems to help the country navigate new security standards.Launched in 2017, Vouch is known for its AI-enabled digital concierge which is programmed to answer guest inquiries, make bookings and take room service orders. Its chatbots — seen at leading hotels such as Marina Bay Sands and the Pan Pacific in Singapore — boast of pandemic-proof features such as the ability to conduct health declarations, facilitate contactless ordering for dine-in services and manage crowd control. The …

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FUN HOME Removed from Nevada High School – National Coalition Against Censorship

fun home removed from nevada high school – national coalition against censorship

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FUN HOME Removed from Nevada High School

NCAC and five co-signing organizations are strongly urging Palo Verde High School in Las Vegas to reinstate Alison Bechdel’s much-lauded graphic novel, Fun Home, to its reading list. Media reports suggest that the Nevada high school’s principal removed Fun Home from the tenth grade English honors reading list immediately upon receipt of a complaint, despite district policy mandating the formation of a review committee to address book challenges.
Although Fun Home deals with mature themes, it has been appropriately assigned to mature sophomores at Palo Verde High under the guidance of trained educators. District regulations permit parents who object to the book to request that their children be assigned other works. However, a small group of parents, who might well represent only a tiny minority of parents in the school district, have been granted de facto veto power over the curriculum, without input from other stakeholders. That is precisely the outcome that the district’s regulations are designed to avoid.

Fun Home was lauded by critics for its groundbreaking innovations in two literary genres: The graphic novel and LGBTQ literature. In particular, critics praised it as an exemplar of how effectively …

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‘It was a dream to have my own business’ | Latinos celebrated across Franklin Boulevard Business District

‘it was a dream to have my own business’ | latinos celebrated across franklin boulevard business district

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The Franklin Boulevard Business District is made up of around 600 businesses, primarily owned by either Hispanic or Hmong families, formed in the 1980’s.

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