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Bollore: Financial information for the third quarter 2020

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BOLLOREPRESS RELEASEFinancial information for the third quarter 202020 October 2020Group activities show strong resilience in third quarter 2020despite 3% decline in revenueRevenue in the third quarter 2020: €5,915 millionRevenue at the end of September 2020: €17,527 millionRevenue for the third quarter 2020 At constant scope and exchange rates, the Group’s revenue for the third quarter 2020 was down 3% to €5,915 million. This change mainly includes:a 2% increase in the transportation and logistics business driven by freight forwarding, mainly due to exceptional air freight operations, despite the contraction in logistics activities in Africa and the impact of the end of the Douala terminal (DIT) concession in Cameroon;the decline in oil logistics (-38%) primarily attributable to the fall in oil product prices and volumes;the growth in the communications business (+1%), attributable to Vivendi which benefited from growth at UMG (+6%), the Canal+ group (+1%) and Editis (+10%);Revenue as reported was down 4% compared to the third quarter of 2019, due to a €132 million negative foreign exchange impact related to the strengthening of the euro (particularly versus the US dollar in the third quarter), which absorbed the positive changes in scope related primarily to the consolidation of M7 at the Canal+ group.Revenue at the end of September 2020 At constant scope and exchange rates, …

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Cryptocurrency This Week: Crypto Ban In The Air, Crypto Scams Everywhere

cryptocurrency this week: crypto ban in the air, crypto scams everywhere

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Even as crypto stakeholders in India argue against the perceived need for an outright ban on cryptocurrencies in India, reports of crypto ponzi schemes in different parts of the country continue to puncture their cause. Since September, several reports in Indian media outlets have highlighted incidents of unsuspecting customers being allegedly duped of their money by scamsters believed to be operating crypto ponzi schemes. In Bengaluru, the police are investigating three companies — Long Reach Global, Long Reach Technologies and Morris Trading Solutions. According to the police, these companies collected at least INR 15K each from over 11 lakh people from across the country to invest in a new cryptocurrency called Morris coin. The police have also arrested a 36-year-old man from the Malappuram district of Kerala who is the CEO of all the three entities.Last month, Delhi Police was investigating an alleged cryptocurrency exchange scam, believed to have been operated by one Pluto Exchange, which marketed itself as a cryptocurrency investment firm, and had its offices in Connaught Place. One of the complainants was asked one of the company’s founders to invest in a new cryptocurrency which Pluto Exchange had launched and told him that he would receive 20-30% …

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Dust Bowl 2.0? Rising Great Plains dust levels stir concerns

dust bowl 2.0? rising great plains dust levels stir concerns

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A dust storm in the Texas panhandle. Fueled by drought and agriculture, dust levels in parts of the Great Plains have doubled in 20 years, researchers say.

KEITH LADZINSKI/National Geographic

By Roland PeaseOct. 20, 2020 , 10:50 AM

Earlier this month, a storm front swept across the Great Plains of the United States, plowing up a wall of dust that could be seen from space, stretching from eastern Colorado into Nebraska and Kansas. It was a scene straight from the Dust Bowl of the 1930s, when farmers regularly saw soil stripped from their fields and whipped up into choking blizzards of dust.

Better get used to it. According to a new study, dust storms on the Great Plains have become more common and more intense in the past 20 years, because of more frequent droughts in the region and an expansion of croplands. “Our results suggest a tipping point is approaching, where the conditions of the 1930s could return,” says Gannet Haller, an atmospheric scientist at the University of Utah who led the study.

The dust storms not only threaten to remove soil nutrients and decrease agricultural productivity, but also present a health hazard, says Andy Lambert, a co-author on the study and a meteorologist …

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Tactile Feedback in Virtual Reality Game Has Potential in Health Care

tactile feedback in virtual reality game has potential in health care

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Technological advancements have changed the face of gaming, providing immersive and realistic video games with virtual reality. Virtual reality allows the player to experience game elements, but with a limitation: most VR systems focus on vision. So, a researcher at Nagoya University developed tactile perception for a new VR game. This integrated the sense of touch with sounds and sights. The study was published in the Journal of Robotics, Networking and Artificial Life.”Tactile sensation has a more significant effect on sensibility than audiovisual,” Yasuhiro Suzuki wrote in an article published by TechXplore.The gameThe player plays the game with a spherical object. This virtual object beats in tandem with the player’s heart. The game sends the beats from the object to the player using visual and sound effects and tactile feedback. The combination of the three effects increases the player’s immersion into the game. During gameplay, the player needs to break multiple targets using the spherical object.The game setup includes a wire that connects the sphere to where the player is standing. After breaking all targets, the player uses a pair of scissors in the game to “cut” the thread. The player will feel a sensation when …

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NFP Ventures teams up with MoneyLion on financial wellness benefit

nfp ventures teams up with moneylion on financial wellness benefit

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NFP Ventures, the early stage investment branch of insurance broker NFP, has partnered with digital finance platform MoneyLion to provide its employer clients with a financial wellness benefit.NFP Ventures will provide employers with a suite of financial tools, including MoneyLion’s Instacash program and mobile banking platform, RoarMoney. NFP is the first organization to offer MoneyLion as an employee benefit to employer clients.“We continue to focus on innovative solutions that align with the needs of our clients, including the challenges of financial wellness that have intensified during these uncertain times,” Shawn Ellis, managing director of NFP Ventures, said in a statement announcing the partnership.Americans have become more anxious about their financial stability since the outbreak of the coronavirus pandemic, with more than half of employees saying finances or money challenges are their main source of stress, according to PwC’s 2020 Employee Financial Wellness survey. Just 41% of people would be able to cover a $1,000 emergency expense, according to a BankRate poll.MoneyLion’s Instacash program allows employees to receive a cash advance of up to $250 with 0% APR. This can help employees cover an unexpected expense or even finance a fun opportunity with no interest.“Employees who may be …

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Tech censorship is on a dangerous path

tech censorship is on a dangerous path

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The following is an editorial by Armstrong WilliamsThe tech censorship by CEO Jack Dorsey’s Twitter, of a story from the NY Post, is an egregious event that cannot be fixed or erased by simply saying my company blew it. If there was any doubt before, it is now clear that Twitter’s censorship system is set up to survey, capture, control and manipulate the political narrative within this country.

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British and U.S. financial regulators renew co-operation deal

british and u.s. financial regulators renew co-operation deal

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TipRanksThe Bottom Is in for These 3 Stocks? Analysts Say ‘Buy’Markets thrive on risk, but risk is hard to talk about. It’s easy to fall back on cliches – buy low and sell high, or the bulls and bears make money while the pigs get slaughtered – but those cliches have drifted into common parlance for a reason. They have a grain of truth.Buying low and selling high has always been known as the way to make a profit, from the earliest days of human barter. And whether the market is moving up or down, whether investors follow a bullish or a bearish strategy, it’s possible to turn that profit.So, let’s talk about buying low. While the overall market has recovered nicely from the pandemic swoon of mid-winter, many stocks are still struggling with a depressed share value. Some of them are fundamentally sound – and Wall Street’s analysts have taking note.Using TipRanks database, we pinpointed three such stocks. Each is down at least 60% so far this year, but each also has a Strong Buy consensus rating and at least 40% upside potential for the coming months.Diamondback Energy (FANG)First up is Diamondback Energy, a Texas …

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The VR revolution has been 5 minutes away for 8 years

the vr revolution has been 5 minutes away for 8 years

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What does the future hold? In our new series “Imagining the Next Future,” Polygon explores the new era of science fiction — in movies, books, TV, games, and beyond — to see how storytellers and innovators are imagining the next 10, 20, 50, or 100 years during a moment of extreme uncertainty. Follow along as we deep dive into the great unknown.
Virtual reality is either better than it has ever been, or at least a few years away from mainstream acceptance, depending on who you ask. Both points of view always seem to be true. That’s because VR has been five minutes away from some kind of breakthrough for about eight years.
Which points at one very hard truth: We’re much further away from VR headsets being just another appliance in the home than many in the industry would like to admit. The promised future hasn’t happened yet, but it still feels like it’s right around the corner. What exactly is holding it back?
What’s going on?
Part of the issue, paradoxically, is that VR technology keeps getting better, and less expensive. The first Oculus Kickstarter — in which folks could buy a virtual reality development kit significantly better and much …

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Stem cell research, clinical use of ‘magic mushrooms’ among issues on state ballots this year

stem cell research, clinical use of ‘magic mushrooms’ among issues on state ballots this year

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Voters lined up last month in Fairfax, Virginia, to cast their ballots in this year’s elections.

SARAH SILBIGER/BLOOMBERG VIA GETTY IMAGES

By Rebekah Tuchscherer, Rasha AridiOct. 20, 2020 , 9:00 AM

Election Day is 3 November, but U.S. voters have already started to mail in or drop off their ballots. In addition to selecting candidates for local, state, and federal positions, voters in many states will be weighing in on more than 100 initiatives and referenda.

The measures often deal with mundane financial matters. But voters will also get to vote on a number of hot-button issues, including marijuana legalization, abortion, and health care.

There are also a few science-related initiatives that the research community is watching. Here are examples from four states: California, Colorado, Oregon, and Nevada.

Related

Renewing stem cell research funding in California

In 2004, Californians voted in favor of Proposition 71, which established the California Institute for Regenerative Medicine (CIRM) to conduct work with human embryonic stem cells, and authorized the state to sell $3 billion in bonds to fund the institute. Now, CIRM’s bond funding has nearly expired, and Proposition 14 aims to renew the flow. It asks voters to approve issuing an additional $5.5 billion in bonds. The proposition is led …

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