Homeland Security Funds 5 New Projects Exploring Blockchain Technology

The Homeland Security Department tapped one U.S.-based and four international blockchain companies to explore the emerging, record-keeping technology’s potential to help refresh how the agency conducts operations.

The five startups were selected to receive phase I awards amounting to more than $800,000 collectively through the DHS Science and Technology Directorate’s Silicon Valley Innovation Program, or SVIP. Their work could eventually lead to the potential production of a Social Security number alternative that won’t divulge personally identifiable information, extend the agency and its subcomponents’ visibility into multiple supply chains—and more. 

Homeland Security leverages SVIP to invest in technological solutions that can be rapidly prototyped, and holds promise to modernize its own capabilities. Blockchain is a contemporary technology that tracks, records and authenticates information and transactions. Recognizing the burgeoning tech’s potential to transform its internal pursuits, the department launched a “Preventing Forgery and Counterfeiting of Certificates and Licenses” solicitation in 2018 calling

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Invesco to Launch Four New Funds Tied to Flagship QQQ Tech ETF

Invesco


IVZ 3.25%

is adding more Qs to its fund lineup, a wager by the world’s fourth-biggest issuer of exchange-traded products that investors’ love affair with technology stocks will continue.

The Atlanta-based asset manager will launch four new investment products tied to its flagship ETF, the

Invesco QQQ Trust

fund. At $134 billion, the Qs, as it is known across Wall Street, has grown to become one of the biggest exchange-traded products in the world and accounts for roughly 42% of Invesco’s ETF assets.

QQQ offers investors exposure to the 100 biggest nonfinancial companies listed on Nasdaq Composite Index and has proved to be a huge draw since the throes of the 2008-09 financial crisis. The four new products look to build on that popularity and help Invesco compete in an industry dominated by

BlackRock Inc.,


BLK 4.48%

Vanguard Group and

State Street Corp.

“This is going to be an

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US Homeland Security Funds Anti-Forgery Blockchain Projects in Latest R&D Round

A CBP officer inspects a shipment of flowers entering the U.S.

The U.S. Department of Homeland Security’s research and development wing, the Science & Technology (S&T) Directorate, on Friday awarded $817,712 in total to five blockchain startups in a bid to reimagine the federal government’s anti-forgery and counterfeit prevention operations.

From creating digital Social Security Number alternatives to building e-commerce tracing systems, the winners have up to six months to develop blockchain proofs-of-concepts for DHS’ client agencies. S&T’s Silicon Valley Innovation Program (SVIP), essentially an equity-free tech accelerator within S&T, is funding the round.

  • Spherity GmbH received $145,000 to develop a “digital twin” record of inbound e-commerce packages. The German company’s system would share critical information among parties without compromising privacy, SVIP said. U.S. Customs and Border Protection (CBP) is the client.
  • New Zealand-based MATTR LIMITED will build U.S. Citizenship and Immigration Services a digitally issued essential worker license using its $200,000 prize. S&T officials said COVID-19’s work shutdowns have proven
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HIV and lung cancer in East Africa: CWRU and UH secure research funds

Cleveland–Researchers with the Case Western Reserve University School of Medicine and University Hospitals Cleveland Medical Center (UHCMC) have secured $4 million in funding from the National Institutes of Health (NIH)/National Cancer Institute (NCI) to establish an HIV-associated Malignancy Research Center (HAMRC) focused on lung cancer in East Africa.

The team will collaborate with Ugandan and Tanzanian researchers at the Joint Clinical Research Centre in Kampala, Makerere University Lung Institute, Uganda Cancer Institute, Mulago National Hospital, National Institute for Medical Research (NIMR), Muhumbili National Hospital and the Ocean Road Cancer Institute. The HAMRC will investigate novel approaches to characterize lung cancer epidemiology, somatic mutation burden, HIV and accelerated aging, and radiological features of lung cancer and the relationship to HIV-1 infection.

The focus of this new research center includes establishing national lung cancer diagnostic referral networks in Uganda and Tanzania, teleradiology telepathology, technology transference and training of early career investigators and

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Hedge Funds Have Never Been This Bullish On MACOM Technology Solutions Holdings Inc (MTSI)

We know that hedge funds generate strong, risk-adjusted returns over the long run, which is why imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. With billions of dollars in assets, professional investors have to conduct complex analyses, spend many resources and use tools that are not always available for the general crowd. This doesn’t mean that they don’t have occasional colossal losses; they do. However, it is still a good idea to keep an eye on hedge fund activity. With this in mind, let’s examine the smart money sentiment towards MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) and determine whether hedge funds skillfully traded this stock.

MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) investors should pay attention to an increase in support from the world’s most elite money managers of late. MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) was in 23 hedge funds’ portfolios

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Hedge Funds Are Bullish On dMY Technology Group, Inc. (DMYT)

The latest 13F reporting period has come and gone, and Insider Monkey have plowed through 823 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F filings show the funds’ and investors’ portfolio positions as of June 30th, when the S&P 500 Index was trading around the 3100 level. Since the end of March, investors decided to bet on the economic recovery and a stock market rebound. S&P 500 Index returned more than 50% since its bottom. In this article you are going to find out whether hedge funds thought dMY Technology Group, Inc. (NYSE:DMYT) was a good investment heading into the third quarter and how the stock traded in comparison to the top hedge fund picks.

dMY Technology Group, Inc. (NYSE:DMYT) was in 22 hedge funds’ portfolios at the end of the second quarter of 2020. The all time high for

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How Dan Sundheim became the LeBron James of investing, launched one of the hottest hedge funds on earth, and minted a billion-dollar fortune along the way

The world has changed drastically in the two years since D1 Capital launched.



Ole Andreas Halvorsen posing for the camera: Dan Sundheim has quickly become an investor to follow since launching his fund D1 Capital after working as the chief investment officer at Andreas Halvorsen's Viking Global. Alastair Grant/AP Photo; Streeter Lecka/Getty Images; Brendan McDermid/Reuters; Scott Olson/Getty Images; Samantha Lee/Business Insider


© Provided by Business Insider
Dan Sundheim has quickly become an investor to follow since launching his fund D1 Capital after working as the chief investment officer at Andreas Halvorsen’s Viking Global. Alastair Grant/AP Photo; Streeter Lecka/Getty Images; Brendan McDermid/Reuters; Scott Olson/Getty Images; Samantha Lee/Business Insider

And Dan Sundheim made money through it all, thanks to a string of bets that have emerged as winners in the new normal. The Wharton grad now has at least $1 billion in personal wealth between his assets in his firm, stake in the NBA’s Charlotte Hornets, real-estate portfolio, and art collection.

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The former Viking Global Investors chief investment officer started trading at D1 in July 2018 with more than $5 billion — including more than $500 million of his own money — and hasn’t looked back.

Business Insider’s

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Edmonton non-profit funds forest creation for natural carbon capture in Alberta

Project Forest planting crew

Treetime Services planting crew work to reforest a pipeline right of way in Northeast Alberta near Lac La Biche. Photo credit: Supplied by Project Forest
Treetime Services planting crew work to reforest a pipeline right of way in Northeast Alberta near Lac La Biche. Photo credit: Supplied by Project Forest
Treetime Services planting crew work to reforest a pipeline right of way in Northeast Alberta near Lac La Biche. Photo credit: Supplied by Project Forest

EDMONTON, Oct. 01, 2020 (GLOBE NEWSWIRE) — It’s been proven that forests capture carbon naturally—they literally suck. And one Alberta non-profit, run by a team of passionate silviculturists, wants to harness that power for good by creating opportunities to rewild local landscapes close to home. 

“Forests are arguably the most cost-effective means of capturing atmospheric carbon,” says Mike Toffan, General Manager of Reclamation and Forestry for Tree Time Services and founder of Project Forest. “They clean the air and water, support animal habitat and provide us with a natural playground.”

While there are a number of

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Russian surveillance tech startup NtechLab nets $13M from sovereign wealth funds

NtechLab, a startup that helps analyze footage captured by Moscow’s 100,000 surveillance cameras, just closed an investment of more than 1RUB billion ($13 million) to further global expansion.

The five-year-old company sells software that recognizes faces, silhouettes and actions on videos. It’s able to do so on a vast scale in real time, allowing clients to react promptly to situations It’s a key “differentiator” of the company, co-founder Artem Kukharenko told TechCrunch.

“There could be systems which can process, for example, 100 cameras. When there are a lot of cameras in a city, [these systems] connect 100 cameras from one part of the city, then disconnect them and connect another hundred cameras in another part of the city, so it’s not so interesting,” he suggested.

The latest round, financed by Russia’s sovereign wealth fund, the Russian Direct Investment Fund, and an undisclosed sovereign wealth fund from the Middle East, certainly

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Which U.S. Stock Funds Upped Their Technology Exposure The Most?

Over the past two years, a key driver of top performance for mutual funds was how big their exposure was to the big technology and Internet companies such as Microsoft (MSFT) and Apple (AAPL).

As these technology and communications stocks rallied, many funds rode the rising tide higher, leading to organically higher portfolio positions in these sectors. The average U.S. stock-fund allocation to the communication services and information technology sectors rose to 28.6% at the end of August 2020 from 24.7% in October 2018. More specifically, funds ended up holding much larger positions in software, semiconductor, and IT service stocks.

But some funds went even further, increasing their exposure well above the market indexes against which funds measure their portfolio weightings and performance—in some cases, adding another 10% of their portfolio to these stocks beyond the increase in the index holdings.

For most of 2020, a higher exposure to

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