JPMorgan Chase Admits Cryptocurrency Is a ‘Risk’ to its Business for the First Time

Despite JPMorgan Chase CEO Jamie Dimon having called Bitcoin a “fraud,” the big bank is now taking cryptocurrency very seriously—acknowledging the blockchain-based technology as a veritable threat to its future. In JPMorgan Chase’s annual report, released Tuesday afternoon, the bank counted cryptocurrencies such as Bitcoin and Ethereum as “risk factors” to its business for the first time, recognizing the digital currencies as new forms of competition that could, quite literally, give the bank a run for its money. “Both financial institutions and their non-banking competitors face the risk that payment processing and other services…

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Amazon is buying Ring, a business that was once rejected on ‘Shark Tank’

Adam Taylor | ABC | Shark Tank Ring CEO Jamie Siminoff on ABC’s “Shark Tank” in season 5. Tuesday, Amazon agreed to buy Ring, a company that makes smart doorbells, according to representatives of both companies. “Ring’s home security products and services have delighted customers since day one. We’re excited to work with this talented team,” an Amazon spokesperson told CNBC Tuesday. While the official deal hasn’t yet been announced, it could cost Amazon over $1 billion, according to Reuters. Amazon buys digital doorbell maker Ring For Ring’s CEO and founder Jamie Siminoff, achieving…

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Ford is setting up for an autonomous ride-hail and delivery business in Miami

An Argo AI-powered Ford vehicle driving down the streets of Miami. Ford Ford is laying the groundwork for its autonomous vehicle business in Miami, Fla. It’s a three-pronged approach that is still in its infancy, but includes a delivery pilot in partnership with Dominos and Postmates, testing self-driving cars around the city and setting up a fleet-management center. Many other companies in the self-driving space have begun testing both delivery and ride-hail services, but few have established dedicated fleet-management centers that will facilitate the maintenance and operation of these driverless vehicles.…

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Is it safe to eat snow? Here’s what research has to say

How safe is it to eat snow? A Romanian university has published the results of just such a study. The 2017 experiment showed it was safe to eat snow that was a half-day old, and safer to eat it in the colder months. But by two days old, the snow is not safe to eat, said Istvan Mathe, a professor at the Sapientia Hungarian University of Transylvania. Scientists collected snow from a park and from a roundabout in Miercurea Ciuc, central Romania, in January and February, and placed it in…

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Cape Town’s water crisis is already posing a risk to public health

People queue to collect water from a natural spring in Cape Town. (AP Photo/Anwa Essop) The water crisis hitting Cape Town is increasing the danger of diseases that surge when people do not wash their hands. The four million residents of South Africa’s second-largest city are being urged to get by on 50 liters (13 gallons) of water per person per day. That leaves roughly 2 liters (0.5 gallons) a day for washing hands and brushing teeth, or roughly one-eighth the amount of water than most people consume each time they wash their hands and face.…

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This is why you should never wear makeup in the gym

Whether it’s a little bit of concealer or a full face of foundation, many women choose to wear makeup when working out – and it could be wreaking havoc on your skin. Exercise makes us sweat, right? Sweating is our body’s way of cooling us down and it also helps push impurities out of our skin… The thing is, when your skin is covered in makeup, those impurities can’t get out. Here, Dr Preethi Daniel, Medical Director of London Doctors Clinic explains: “Sweat and natural skin oils can clog these pores and cause…

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