World News Daily(2024-07-22) : Biden Withdraws from 2024 Presidential Election: Shockwaves in American Politics
Biden Withdraws from 2024 Presidential Election: Shockwaves in American Politics
Biden Announces Withdrawal from 2024 Presidential Election, Shocking the American Political Scene. Under immense pressure within the Democratic Party, Biden ultimately chose to withdraw, focusing on his remaining term. Trump quickly retaliated, mocking that Biden might have forgotten his withdrawal. The Biden family felt a great sense of relief about this decision, with insiders revealing that the past few weeks have been extremely painful for Biden and his family.
The Democratic Party swiftly shifted to support Vice President Harris's candidacy. Already, 71 federal congress members, 7 governors, and the Democratic Party chairpersons from all 50 states have expressed their support. Former President Clinton and Hillary also publicly endorsed Harris. However, former House Speaker Pelosi and former President Obama have yet to表态.
After Biden's withdrawal, Democratic fundraising surged, raising over $50 million in a single day, setting the third-highest single-day online donation record in history. Harris's husband thanked Biden, calling him a true patriot.
This political storm reveals the complex dynamics within American political parties and the harsh realities of electoral politics. Biden's withdrawal not only marks the end of his personal political career but also signifies the beginning of a new round of power struggles within the Democratic Party.
ScoresPolitics
The Central Committee of the Communist Party of China plans to legislate to promote the development of the private sector.
The Central Committee of the Communist Party plans to legislate to promote the development of the private sector. Key aspects include:
- Removing barriers to market entry
- Enhancing financing support
- Strengthening regulation
- Supporting private enterprises in participating in major technological breakthroughs and projects
- Improving credit evaluation and credit enhancement systems
- Strengthening corporate governance and compliance construction
Additionally, efforts will be made to strengthen anti-monopoly and anti-unfair competition measures, and to eliminate regulations that hinder fair competition.
This initiative aims to boost the development of the private sector and enhance market vitality.
ScoresChina deepens the reform of foreign investment and outbound investment management systems.
The Central Committee of the Communist Party of China is advancing reforms, with a focus on optimizing the environment for foreign investment and protecting the rights and interests of foreign investors. Restrictions on foreign investment in manufacturing are being relaxed, and openness in sectors such as telecommunications and the internet is being expanded. Additionally, systems to facilitate the lives of overseas personnel are being improved to promote international industrial chain cooperation.
Moreover, policies support foreign investment participation in financial pilot projects, drive the internationalization of the Renminbi, and accelerate the construction of Shanghai as a financial hub. The capital market will strengthen regulation to ensure stable development. The research and application of digital Renminbi will also be steadily advanced.
Reforms in the housing system will accelerate, constructing a new model for real estate development.
Negative List for Foreign Investment Access: A list of industries where foreign investment is restricted; reducing this list means easing restrictions on foreign investment.
Digital Renminbi: The digital currency issued by the People's Bank of China, aimed at enhancing the efficiency and security of the payment system.
ScoresSociety
The Central Committee of the Communist Party of China is advancing housing reform: a dual system of renting and purchasing alongside a new model for the real estate market.
The Central Committee of the Communist Party is advancing housing reforms, emphasizing a combination of renting and purchasing. The goal is to increase affordable housing to meet the needs of the working class and support housing improvements. Policy adjustments include relaxing housing purchase restrictions, reforming financing and pre-sale systems, and improving real estate taxation. City governments are granted autonomy in regulation, allowing for tailored policies based on local conditions.
Analysis: This initiative aims to balance the real estate market by diversifying housing supply and implementing flexible policies to adapt to the needs of different cities, thereby promoting healthy market development.
ScoresGlobal IT Meltdown: CrowdStrike's Software Update Impacts 850 Million Devices
CrowdStrike, a major security software company, caused a global IT meltdown on July 19th. A botched software update crippled 8.5 million Windows devices worldwide. Recovery is manual and slow, affecting industries globally. The incident highlights the vulnerability of widespread software deployment. A simple code error, potentially preventable, has significant economic repercussions. This blunder may invite heightened regulatory scrutiny.
Scores"China's Rapid Expansion in Renewable Energy"
China's push for clean energy is massive. They are adding renewable sources at a rate equivalent to constructing five large nuclear plants every week. The Sydney-based think tank, CEF, predicts they will reach their 2030 target six years ahead of schedule.
China is installing 10 gigawatts of wind and solar power every two weeks, which is a significant amount. With China accounting for a third of the world's total emissions, these emissions might have already peaked. Their power grid is rapidly going green.
Large solar and wind farms in the west are connected to the east via massive transmission lines. They are also constructing coal plants to maintain stability, although coal's role is diminishing. Renewables could surpass coal in power generation this year.
China's focus is more on solar and wind than nuclear energy. Last year, they added 1 gigawatt of nuclear power but 300 gigawatts of solar and wind. Their nuclear plans are lagging, but their renewables are advancing.
Despite the construction of new coal plants, renewables are expected to meet all new electricity demand. Coal's future is a gradual decline. China's CO2 intensity is improving, though not as quickly as the EU, it is faster than the U.S.
ScoresEconomy
"China's Communist Party Unveils Reform Blueprint Post-Plenum"
China's Communist Party unveils a reform blueprint after third plenum, aiming for completion by 2029. The document outlines policies to stimulate economic growth, address trade tensions, and boost national security. Key areas include breaking down barriers to competition, advancing technology research, and improving the property market. Measures to counter corruption within the party and enhance leadership are emphasized. President Xi Jinping highlights the need for high-quality development amid global challenges and external pressures. The economy remains a priority, but national security is now a significant focus. The blueprint aims to navigate risks and achieve China's reform goals amidst a changing world landscape.
ScoresBobby Jain Launches Jain Global with Record-Breaking $53 Billion Fundraising
Bobby Jain, a former top executive at Millennium, launched Jain Global, a hedge fund, raising $53 billion. This marks the largest initial fundraising since 2018.
Jain, raised in New York by Indian immigrant parents, started his career in finance after studying political science at Cornell. He entered the industry through O'Connor and Associates, then moved to Credit Suisse, where he rose to global asset management.
At Millennium, Jain improved risk controls and managed over 300 investment teams, doubling assets under management to $60 billion. Despite a challenging market, Jain Global attracted significant investment by offering lower fees and shorter lock-in periods compared to industry standards.
Jain Global employs a multi-strategy approach, using various investment tactics to navigate diverse market conditions. This strategy is currently popular on Wall Street, aiming for consistent returns regardless of market volatility.
ScoresTechnology
SparseCraft: Rapid 3D Reconstruction from Sparse Views
SparseCraft: A new method for 3D shape and appearance recovery from few images. Utilizes a neural network with a Signed Distance Function (SDF) and a radiance field. Trains through ray marching and volumetric rendering, guided by multi-view stereo cues. Emphasizes linearity in the SDF field to manage noise. Achieves top performance in view synthesis and reconstruction from sparse views, training in under 10 minutes.
ScoresOpenAI Advances in AI Chip Development
OpenAI, fresh off the release of GPT-4o mini, is pushing ahead with a bold plan to develop its own AI chips. Led by Sam Altman, the initiative aims to reduce reliance on Nvidia, a leading chip manufacturer. Altman has recruited top talent from Google's TPU team, including Richard Ho, a seasoned engineer with a background from Manchester University and Stanford.
The project, slated for completion by 2027, involves potential collaboration with Broadcom, known for its work with Google on TPUs. This move could shift the balance of power in the AI chip market, where Nvidia currently dominates.
Altman's strategy also includes securing more chips from suppliers like TSMC, despite initial reluctance due to the high risk and cost. Additionally, he's exploring partnerships for new data centers, aiming to build a resilient supply chain.
The ultimate goal? Achieving Artificial General Intelligence (AGI), a far more advanced form of AI capable of tasks like colonizing Mars or developing fusion energy. This vision underscores Altman's ambitious drive to revolutionize AI capabilities.
ScoresDeepSeek: Pioneering Cost-Effective AI Models with Innovative Technology
DeepSeek, a Chinese AI startup, has ignited a price war in the global AI model market with its innovative approach. Their model, DeepSeek V2, offers unprecedented cost efficiency, significantly undercutting competitors. This move has compelled major tech companies like ByteDance and Tencent to reduce their prices.
DeepSeek's success is rooted in groundbreaking architectural innovations, particularly the MLA (Multi-Head Latent Attention) mechanism, which dramatically reduces memory usage and computational load. This innovation has garnered them praise in Silicon Valley and beyond.
The company's founder, Liang Wenfeng, emphasizes a commitment to original innovation rather than mere application development. DeepSeek focuses exclusively on research, avoiding immediate commercialization to contribute to global technological advancement.
Their strategy includes open-sourcing their work, believing that sharing knowledge strengthens the overall ecosystem and fosters a culture of innovation. This approach challenges the conventional wisdom that Chinese tech companies primarily excel in application rather than foundational technology.
DeepSeek's journey highlights the potential for Chinese tech firms to lead in global technological innovation, breaking away from traditional roles as fast followers. Their story is a testament to the power of bold, original thinking in the tech industry.
ScoresGraphene New Discovery: Challenging Traditional Perceptions and Innovating Separation Techniques
Pengzhan Sun, an Assistant Professor at the University of Macau, focuses on the development of two-dimensional material membranes and fundamental issues in separation science. He has utilized graphene to seal graphite single crystal microcavities, enhancing the precision of gas transmembrane transmission measurements by eight to nine orders of magnitude. His findings revealed that hydrogen molecules can anomalously penetrate the graphene lattice, while helium atoms cannot. This discovery challenges the conventional understanding of graphene's chemical inertness and suggests its catalytic activity.
Sun further precisely fabricated single atomic vacancy channels on the surface of graphene, discovering that these channels exhibit exponential-level sieving capabilities for different gas molecules. These research outcomes provide scientific basis for the development of high-precision molecular detection, non-precious metal catalysts, and atom-scale porous two-dimensional separation membranes.
Sun's research not only deepens the understanding of material transport processes in atomic-scale confined spaces but also aims to transform fundamental scientific findings into practical technologies, serving environmental, energy, and chemical sectors. His work demonstrates the significant potential of two-dimensional materials in addressing common separation issues such as high energy consumption and low efficiency.
ScoresNASA's Juno Spacecraft Captures Detailed Images of Jupiter's Atmospheric Chaos
NASA's Juno spacecraft captured detailed images of Jupiter's chaotic cloud patterns during its 61st flyby on May 12, 2024. The spacecraft, orbiting the solar system's largest planet, revealed turbulent cloud formations and cyclonic storms in the northern hemisphere.
These images focus on a region known as the Folded Filamentary Region, where Jupiter's banded jet streams break down, leading to rapid changes in cloud structures over just a few days. Citizen scientist Gary Eason enhanced the raw JunoCam data, boosting color and clarity.
Juno, launched in 2011, aims to understand Jupiter's composition, gravity, and magnetic fields. Its mission, part of NASA's New Frontiers program, has been extended multiple times to continue its exploration.
The spacecraft's findings offer unprecedented insights into Jupiter's atmosphere, including its storms, banded structures, and auroras. JunoCam's raw images are available for public processing, fostering community involvement in space science.
ScoresVideo Game
Tekken 8 to Introduce Heihachi Mishima in Fall 2024
Tekken 8 introduces Heihachi Mishima in Fall 2024 as the third DLC character. An interview with Katsuhiro Harada and Kohei Ikeda discusses Heihachi's return.
DLC: Downloadable Content, additional game features sold separately.
ScoresStreet Fighter 6 Adds Terry from Fatal Fury in Fall 2024
CAPCOM reveals "Terry," from "Fatal Fury," joining "Street Fighter 6" in fall 2024. Available solo or free to Year 2/Ultimate Pass holders.
CAPCOM announced a new character, Terry, for "Street Fighter 6" set to debut in fall 2024. Terry, the main character from the "Fatal Fury" series, can be purchased individually or will be accessible for free to those who own the Year 2 Character Pass or Ultimate Pass.
ScoresEntertainment
Airbnb's Hidden Camera Controversy: Privacy and Security Concerns
CNN investigated Airbnb's hidden camera issue. Over a decade, 35,000 complaints about spying devices surfaced. Airbnb downplays the scale, but police have seized countless invasive images.
Airbnb's response is slow and secretive. They don't alert authorities when cameras are found, even involving kids. Legal action against Airbnb is tough; their terms push disputes into private arbitration, away from public scrutiny. Confidentiality agreements further shield them.
Airbnb claims these incidents are rare and act swiftly when alerted. Yet, their approach seems more about managing public image than protecting guests. The tech advances, making tiny, invisible cameras easier to hide, complicating detection and trust.
ScoresUK Arts Funding and Education Lags Behind Europe, Report Reveals
Britain's arts are hurting. Funding dropped 6% since 2010. Germany, France, and Finland boosted theirs by up to 70%.
The State of the Arts report, released on Monday, details the cuts. Local government funding for culture fell 39% in Scotland, 40% in Wales, 48% in England. The DCMS's core funding shrank 18%. Arts councils in England, Scotland, Wales, and Northern Ireland saw similar drops.
Arts education also took a hit. GCSE and A-level entries in arts subjects plummeted 47% and 29% since 2010. The report calls this a "catastrophic decline."
Heidi Ashton, from the University of Warwick, says the report shows a "lack of support in all areas." She calls for a "fundamental shift" in thinking about the arts' role in society.
Earnings in the arts sector lag. Arts professionals make less than the UK median. Pay gaps exist, especially in craft skills, where men earn 70% more than women.
Jack Gamble, of the Campaign for the Arts, says the UK now ranks low in public funding for arts and culture among European nations. He urges the new government to address this.
ScoresHealth
The world's first 128-channel helium-free magnetoencephalography system has been approved for market release.
Beijing Weici Technology has launched Marvel MEG, a 128-channel helium-free magnetoencephalography (MEG) scanner. Operating at room temperature without the need for liquid helium or magnetic shielding rooms, it efficiently detects neurological disorders. Fosun Pharma is responsible for its commercialization.
Magnetoencephalography (MEG) is a diagnostic device that utilizes the weak magnetic fields generated by brain electrical activity. Helium-free: The device does not rely on liquid helium for cooling, reducing maintenance costs and operational complexity.
ScoresStudy Suggests Rapamycin Could Extend Women's Fertility
A new study on rapamycin, an immunosuppressant, shows promise in extending women's fertility by five years. Early results suggest the drug can slow ovarian aging by 20%, without common side effects.
The Vibrant study, led by Columbia University, aims to delay menopause and reduce age-related diseases. It involves women aged up to 35, with plans to expand to over 1,000 participants.
Rapamycin, already in use and inexpensive, could revolutionize women's health. It extends lifespan and revitalizes the immune system. The drug works by reducing the number of eggs released monthly, slowing ovarian aging.
Funding challenges persist, as pharmaceutical companies see no profit in an off-patent drug. Yet, the potential impact is significant, offering hope to women with age-related fertility issues.
The study's next steps include a larger phase 2 trial. If successful, women could soon have more control over their fertility and overall health.
ScoresAI Facial Temperature Analysis Predicts Health Risks
Researchers at Peking University have linked facial temperatures to chronic diseases such as diabetes and hypertension. They utilize AI with thermal imaging to identify these patterns. This technology could aid in predicting health issues and promoting healthy aging.
The study, published in "Cell Metabolism," discovered that specific areas of the face, like the nose and cheeks, exhibit particular temperature changes prior to the onset of health problems. These subtle shifts are imperceptible to touch but can be detected by AI trained on thermal data.
Lead researcher Jing-Dong Jackie Han noted that facial temperature can predict "thermal age," a measure of how rapidly one ages. Higher temperatures in the nose and lower temperatures around the eyes suggest a younger thermal age. In contrast, warmer cheeks and eyes could indicate inflammation and accelerated aging.
Interestingly, a two-week jump rope regimen reduced participants' thermal age by five years, suggesting a connection between exercise and aging markers.
The team plans to extend this method to diagnose other conditions, such as sleep disorders and heart issues. Han believes facial thermal imaging could serve as a non-invasive tool for early disease detection and health management.
ScoresSports
IOC Anticipates 15 Russian Athletes in Paris Olympics
IOC anticipates 15 Russian athletes at Paris 2024. There will be 32 Individual Neutral Athletes, 15 Russian, and 17 Belarusian athletes participating across 10 sports. Ticket sales have reached 8.8 million, setting a record for French sports events. Security measures involve 30,000 personnel. The previous record was 8.3 million during the 1996 Atlanta Olympics. The Games will run from July 26 to August 11, with the Paralympics taking place from August 28 to September 8.
ScoresSchauffele Wins Open Championship at Troon
Xander Schauffele claimed the 152nd Open Championship at Royal Troon, fending off Justin Rose with a flawless 65 to conclude at nine under par. This victory marks his second major triumph in just three months, following his win at the US PGA Championship. Schauffele's achievement makes him the first golfer since Rory McIlroy in 2014 to win both The Open and the US PGA in the same year.
Rose, who shot a 67, finished two strokes adrift of Schauffele, tying for second place with Billy Horschel. Despite a robust performance, Rose was unable to clinch his second major title, his sole victory being the 2013 US Open.
Schauffele's victory also contributes to an American clean sweep of the majors this year, a feat not accomplished since 1982. His composed demeanor during the final stretch was particularly noteworthy, contrasting with his earlier performances at the PGA.
The final round was filled with suspense, featuring six players tied for second at the outset, the most in 30 years for a major championship. Schauffele's consistent play and Rose's aggressive beginning set the stage for an engaging contest. On the challenging back nine, Schauffele managed to hold onto his lead, securing his title as the Champion Golfer of the Year.
ScoresTadej Pogacar Achieves Historic Giro-Tour Double
Tadej Pogacar, 25, secured his third Tour de France title, achieving a historic Giro d’Italia-Tour de France double. No rider had accomplished this feat in the modern era. Pogacar dominated the final time trial in Nice, finishing 6:17 ahead of Jonas Vingegaard.
Throughout the race, Pogacar won six stages in both the Giro and the Tour, a first in the event's history. His performance invites comparisons to Eddy Merckx, widely regarded as cycling’s greatest champion. Merckx won five Tours; Pogacar now has three from five starts.
The landscape of the Tour has evolved. It has become globalized, technology-driven, and commercialized. Pogacar, hailing from Slovenia, epitomizes this new era. His success stands in stark contrast to Marco Pantani’s 1998 double, achieved during a doping-riddled period.
Mark Cavendish, 39, likely participated in his final Tour. He is expected to transition to a role with his sponsors.
Pogacar’s victory was not without controversy. Questions were raised about his team’s use of carbon monoxide rebreathing. Despite this, his dominance is unquestionable.
The race also showcased new talents. Eritrean Biniam Girmay won three stages and the green jersey. Richard Carapaz, from Ecuador, claimed the King of the Mountains title.
Critics argue that the ‘Netflixisation’ of the Tour undermines tradition. However, the sport continues to attract a new, tech-savvy audience, drawn to Pogacar’s relentless performance.
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