Why Elon Musk Is The Marketer Of The Moment – Forbes

CAPE CANAVERAL, FL - MAY 27: Elon Musk, founder and CEO of SpaceX, participates in a press ... [+] conference at the Kennedy Space Center on May 27, 2020 in Cape Canaveral, Florida. NASA astronauts Bob Behnken and Doug Hurley were scheduled to be the first people since the end of the Space Shuttle program in 2011 to be launched into space from the United States, but the launch was postponed due to bad weather. (Photo by Saul Martinez/Getty Images)

For many years, automobiles was the most boring category to cover from a marketing/advertising perspective. Thats partially because there were no new entrants, merely new sub-brands from the big industry players.

But the lack of competition in autos was only one factor. The environment was another. There was a cognitive dissonance between the idea of taking to the road while imperiling the planet. Half-measures like raising mileage and hybrid engines didnt satiate that inner voice that prevented consumers from fully embracing a joyride. For some, there was always that nagging sense of willful obfuscation that meant you werent dealing with life on its own terms.

For decades, it seemed like there was no way around it. There was no alternative to gas engines. Electric cars were a curiosity, not a solution. My father was a car salesman. I remember in the late 1970s he had a demo car that hed plug in to the garage outlet. He didnt think much of them, certainly not as a replacement for gas-powered models.

In the early 2000s, it became clear that battery technology had improved so much that an electric car was plausible. Yet none of the big playersFord, GM, DaimlerChrysler or any of the foreign automakersplanned to make an electric car.

The problem was that electric cars were seen as green and the idea of one going fast and offering thrills for the driver was off the table. It seemed incongruous to market a vehicle that was both green and had strong performance.

But where others saw reasons for despair, Elon Musk saw an opportunity. Electric cars could be quick off the line (0-60 in 2.3 seconds) and look flashy.

Tesla

It worked. In July, Tesla became the largest automaker by market value. Moreover, Tesla owners are free of the worry and expense of gassing up and the guilty feeling of polluting the planet.

Tesla could not have done this without Musk. The former PayPal exec is well-known in tech circles and respected as an autodidact with a range of interests (his other projects include SpaceX, Solar City and Open AI, among others).

But at the moment it seems that getting American consumers to take seriously the idea of electric cars is his greatest accomplishment.

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Why Elon Musk Is The Marketer Of The Moment - Forbes

There’s a Theory That Elon Musk Is Digging a Tunnel Between LA and Vegas – Futurism

Digging a Tunnel

Photos have emerged online of large tents and heavy tunneling machinery belonging to Elon Musks Boring Company in the California desert north east of Los Angeles, as Teslarati reports.

The machinery could suggest that the Boring Company is setting up to dig a tunnel connecting Los Angeles and Las Vegas, but neither the company nor Elon Musk have made an announcement about any such plans.

Teslarati argues the photos suggest a possible tunnel between the two cities, mainly due to the geographical location where the machinery was spotted Adelanto, California, about an hour and a half in the direction to Las Vegas from LA.

The news also comes after the Boring Company made headway in digging a tunnel connecting high-trafficked locations in Las Vegas. Musk recently showed off a concept of what a finished passenger station in the system could look like. The tunnel is scheduled to be done by January 2021.

Officials in charge of the Las Vegas Loop have also mentioned possible future service expansions on their website, with a map showing a conceptual future expansion along the Las Vegas strip. At the bottom, bolstering Tesleratis theory, is a blue arrow indicating that this conceptual expansion could even go to Los Angeles.

Service along these tunnels could operate at speeds of up to 155 mph, according to The Boring Companys website, which could end up making a big dent in the four hour car journey.

Job postings on The Boring Companys website also suggest that the company is looking to fulfill roles at Adelanto, including a machinery operator.

READ MORE: Elon Musk has a secret Boring Company station between LA to Vegas in the works [Teslarati]

More on the Las Vegas tunnel: Elon Musks New Tunnel Render Makes No Sense

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There's a Theory That Elon Musk Is Digging a Tunnel Between LA and Vegas - Futurism

Elon Musk says DeepMind is his ‘top concern’ when it comes to A.I. – CNBC

SpaceX owner and Tesla CEO Elon Musk gestures during a conversation at the E3 gaming convention in Los Angeles, June 13, 2019.

Mike Blake | Reuters

Elon Musk believes that London research lab DeepMind is a "top concern" when it comes to artificial intelligence.

DeepMind was acquired by Google in 2014 for a reported $600 million. The research lab, led by chief executive Demis Hassabis, is best-known for developing AI systems that can play games better than any human.

"Just the nature of the AI that they're building is one that crushes all humans at all games," Musk told The New York Times in an interviewpublished on Saturday. "I mean, it's basically the plotline in 'War Games.'"

DeepMind declined to comment when contacted by CNBC.

Musk has repeatedly warned that AI will soon become just as smart as humans and said that when it does we should all be scared because humanity's very existence is at stake.

The tech billionaire, who profited from an early investment in DeepMind, told The New York Times that his experience of working with AI at Tesla means he is able to say with confidence "that we're headed toward a situation where AI is vastly smarter than humans." He said he believes the time frame is less than five years. "That doesn't mean everything goes to hell in five years. It just means that things get unstable or weird," he said.

Musk co-founded the OpenAI research lab in San Francisco in 2015, one year after Google acquired DeepMind. Set up with an initial $1 billion pledge that was later matched by Microsoft, OpenAI says its mission is to ensure AI benefits all of humanity.In February 2018,Musk left the OpenAI boardbut he continues to donate and advise the organization.

DeepMind CEO Demis Hassabis at a 2017 event in China.

Source: Alphabet

Musk has been sounding the alarm on AI for years and his views contrast with many AI researchers working in the field. In May, CNBC reported that Musk's relationship with the AI community is complex.

"A large proportion of the community think he's a negative distraction," said an AI executive with close ties to the community who wished to remain anonymous because their company may work for one of Musk's businesses.

Building machines that are just as smart as humans is widely regarded as the holy grail of AI. But some, including Musk, are concerned that machines will go on to quickly outsmart humans when human-level AI is achieved.

Last October, AI pioneer Yoshua Bengio told the BBC: "We are very far from super-intelligent AI systems and there may even be fundamental obstacles to get much beyond human intelligence."

At the Beneficial AI conference in 2017, Musk and Hassabis sat on a panelalongside Oxford professor and Superintelligence author Nick Bostrom; Skype cofounder Jaan Tallinn; Google engineering director Ray Kurzweil; Berkeley University computer scientist Stuart Russell; and several others.

At the start of the panel titled "Superintelligence: Science or Fiction?" everyone agreed that some form of superintelligence is possible, except Musk. However, he appeared to be joking.Asked whether it will actually happen, everyone said "yes". When asked if they would like superintelligence to happen, Hassabis said "yes" while others gave a more nuanced "it's complicated."

In 2016, Bostrom said he believed DeepMind is winning the global AI race. Asked about the matter again earlier this year, Bostrom told CNBC: "They certainly have a world-class, very excellent, large and diverse research team. But it's a big field so there are a number of really exciting groups doing important work."

AI consultant Catherine Breslin, who used to work on Alexa at Amazon, told CNBC: "There's an idea that's popular, of raising concerns about AI by imagining a future where it becomes powerful enough to oppress all of humanity. But, projecting into an imagined future distracts from how technology is used right now. AI has done some amazing things in recent years."

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Elon Musk says DeepMind is his 'top concern' when it comes to A.I. - CNBC

Bill Gates on Elon Musks controversial coronavirus comments: Stick with electric cars and rockets – MarketWatch

Elons positioning is to maintain a high level of outrageous comments, Hes not much involved in vaccines. He makes a great electric car. And his rockets work well. So hes allowed to say these things. I hope that he doesnt confuse areas hes not involved in too much.

Thats Microsoft MSFT, -1.50% co-founder Bill Gates explaining to CNBC why Tesla TSLA, +0.13% boss Elon Musk should perhaps focus on his job and let the experts focus on theirs.

Musk has courted controversy ever since the coronavirus first broke out across the U.S., having suggested deaths have been overcounted and lockdowns were unnecessary. He also called Californias approach to combatting coronavirus fascist and drew an F-bomb from a politician.

Gates pointed out that facts travel slowly across social media compared with misinformation, which poses a challenge to Facebook FB, -0.84% and Twitter TWTR, -0.11% .

When you let people communicate, you have to deal with the fact that certain incorrect things that are very titillating can spread very rapidly compared to the truth. And weve always seen that with vaccines, Gates, whos been the subject of conspiracy theories, told CNBC. To the degree to which these media companies can see whats being said on their platform and take things that are absolutely wrong and get rid of those things or slow those things down, thats very tough.

Heres a clip from the interview:

Meanwhile, the number of U.S. cases rose to 4.29 million and the death toll hit 148,056. Texas became the fourth state with more than 400,000 cases, joining California, Florida and New York. The global tally for confirmed cases of COVID-19 climbed to 16.5 million on Tuesday, according to data aggregated by Johns Hopkins University, while the death toll rose to 654,327.

However, Gates offered up an optimistic take in the interview.

You can see the therapeutic benefit faster than the protective benefit, he said So I think theres a good chance well have substantial death-rate reduction by the end of the year.

He did, however, admit hes worried the public is concerned about the safety of the first vaccine.

Hopefully theyll look to the facts, understand the values of the people that theyre thinking about and understand that were in this together and we need to protect each other with masks and eventually probably with herd immunity with a vaccine, he said

As for the stock market on Tuesday, Tesla shares opened lower, as the Dow DJIA, +0.61% , S&P SPX, +0.36% and Nasdaq COMP, +0.35% all drifted into the red.

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Bill Gates on Elon Musks controversial coronavirus comments: Stick with electric cars and rockets - MarketWatch

India and Elon Musk show Asia the way in discount race to Mars – Nikkei Asian Review

Andrew North has reported widelyfromacross India,Pakistan, Afghanistan and central Asia, and is a regular commentator on Asian affairs.

For the first time, Arabic was the countdown language when a Japanese rocket blasted off on July 20 carrying a probe built by the United Arab Emirates toward Mars. China was close behind with its own Mars rocket loaded with a surface rover and an orbiter. NASA capped off the month with the launch of its most ambitious Mars mission yet.

One reason why it has been such a busy month for Mars missions is that the red planet's orbit has brought it much closer to Earth right now, so everyone is taking advantage of the shorter journey time. The bigger driver behind the rush to Mars is that joining the space race has never been so affordable. No longer an elite superpowers' club, the UAE's Mars mission cost the ultrarich oil state only $200 million, well within the means of many countries.

With six probes already orbiting Mars and sending back data -- variously belonging to Russia, the U.S., the European Space Agency and India -- the scientific merits of so many Mars ventures is questionable. Still, the prestige value for the UAE is incalculable -- both at home and abroad. While the UAE had some help from the U.S., its Hopeprobe was built by Emirati scientists inside the UAE, with the hopethat it will inspire more homegrown technological enterprise. And even though the spacecraft is not due to reach Mars until February 2021, the Emiratis are basking in their newly-won status as the Arab world's space leader. Watch for even more countries to follow their example.

Elon Musk, of Tesla and SpaceX fame, has been one of the pioneers in opening up the space club, starting with renting rocket space to launch satellites at cheaper rates than many governments could offer. This May, SpaceX became the first private corporation to send humans into space, costing around $55 million per astronaut, compared to the average $1.7 billion cost of NASA's space shuttle launches. Among governments, it is India that has done most to show you can do space on a budget. Its most notable success was its own Mars mission, launched seven years ago for $73 million, less than half the cost of the UAE project. This month, its Mangalyaan probe was still sending back data and photographs.

Then, too, there were questions as to the project's scientific value, and about the government's spending priorities, given the number of Indians living in poverty. I witnessed the launch from India's coastal space center in November 2013. Its space scientists testily rejected suggestions from Indian reporters that beating archrival China to the red planet was a motive -- saying that the probe would be searching for key gases in the Martian atmosphere that could support human life.

But it wasn't lost on anyone that China's first attempt to reach Mars had failed only the year before. And there was nationwide celebration at what one Indian media outlet called the "symbolic coup" of beating China and Japan to the red planet.

With the recent spike in India-China tensions, this jockeying over space achievement has intensified. "We are all wishing very bad luck to the (sic) China in this expedition," said one Indian-flagged post under a Chinese media announcement of its July 23 Mars launch. Indian online trolls also did their best to disrupt the celebratory mood on CGTN, China's international television network, deluging its launch coverage with vitriol.

Chinese viewers hit back, calling India "the world's No. 1 poverty superpower." Indians had a put-down for that too, with repeated posts of this line: "Even with no toilets and food, India still beat China." The UAE's wealthy rulers also attracted plenty of online abuse for their own Mars mission. If China does succeed in putting its rover down on Mars early next year, it will vault ahead. For the moment, this remains a one-country club of the United States. Landing and exploring the planet is both harder and pricier. The budget for NASA's Perseverance Mars mission is $2.7 billion. China has not revealed the cost of its Martian bid.

But this exclusive club is likely to be forced open too. Musk wants to send "1 million people to Mars" by 2050, along with a plan to create jobs there. Amazon's Jeff Bezos is projecting a series of floating colonies in space.

The United Arab Emirates also says it is looking to build a city on Mars, by 2117. And with the COVID-19 pandemic making the threat of global civilizational meltdown seem more real, it could act as further fuel for a new era of space exploration. The road to Mars could yet become a space highway.

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India and Elon Musk show Asia the way in discount race to Mars - Nikkei Asian Review

Elon Musk and Tom Cruise now have a studio backing their space movie, report says – CNET

Doing stunts in a helicopter won't be enough training for this gig.

Backing from Elon Musk helped Tom Cruise secure a roughly $200 million commitment from Universal Pictures for the first feature-length movie shot, at least in part, in space.

That's according to a report in Deadline Friday. Musk and SpaceX didn't immediately respond to a request for comment.

Subscribe to the CNET Now newsletter for our editors' picks of the most important stories of the day.

We've previously known that Musk and his rocket company could be involved in the project, as NASA confirmed it was working with Mission Impossible star Cruise on a plan to film aboard the International Space Station.

News that a major studio has committed to the project, even before a script has been written, makes it seem like a little more than just pie in the... uh, space?

We don't know the extent of Musk's partnership, but kicking in some free flights to the ISS aboard a SpaceX Crew Dragon in exchange for a stake or just some epic product placement could save the production millions.

SpaceX made history in May when it successfully sent NASA astronauts Doug Hurley and Bob Behnken to the ISS aboard a commercial craft for the first time. The duo are set to return in the Crew Dragon and splashdown in the ocean on Sunday.

Musk has often repeated the mantra that "space is hard," and he and Cruise are likely to find out that filmmaking in space is even harder. We'll certainly still look forward to seeing whatever the finished product is.

Now playing: Watch this: Making movies in space is way harder than you think

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Elon Musk and Tom Cruise now have a studio backing their space movie, report says - CNET

UAE space sector launches mission to find next Elon Musk with millions in funding – The National

The UAE is on a hunt to find its own Elon Musk with a new programme that aims to transform space project ideas into business start-ups.

Four teams have been chosen to be part of the UAE NewSpace Innovation Programme, run by the UAE Space Agency and start-up incubator Krypto Labs.

The three-month-long project is worth Dh2million and is currently in the incubation phase, where the teams are connected to mentors, investors, customers and potential partners from space and related fields.

For decades, space activities have been government-run, but private firms are making their mark with ground-breaking technologies and ideas. Recently, billionaire Elon Musks SpaceX became the first private company to launch human spaceflights.

The programmes participants spoke to The National about how they think they could transform the Emirates space sector.

To help improve the quality of satellite performance, Canadian-national Zaid Al Rayyes, 24, has invented sensors that send and receive noise-free signals.

Firms currently use standard sensors in satellites, such as inertial measurement units and microelectromechanical systems, that produce noisy data and is worsened by interference from magnetic disturbances in space. The data is then filtered by engineers on the ground using a software a method that is costly and time-consuming.

We are reinventing the sensors used in satellites by combining concepts in chemistry with machine dynamics, said Mr Al Rayyes, a mechanical engineer.

Were aiming to be the UAEs first producers of satellite sensors and with this achievement the UAE space sector will expand its industrial reach.

When we think of pioneering companies like SpaceX we automatically think of Elon Musk. Innovation starts with the entrepreneur behind the product, so the next success story in the UAE will also begin with the people creating the technology.

Emirati engineer Hamad Saif Alteneiji, 47, has invented solar panels that he said will cost half the price of existing technology and are easier to develop.

His solar panels generate energy from the sun by using a method called the Light Trapping Dynamic Photovoltaic Module.

The light trapping is achieved by incorporating solar reflector strips within module glasses. Their function is to trap sun light inside photovoltaic module glasses and creates internal light concentration. This leads to reduction on the expensive solar cells quantity up to 50 per cent, hence, reducing the overall cost by up to 40 per cent, said Mr Alteneiji, who works as a manager at Sharjah Electricity and Water Authority.

Today, solar panels can cost Dh1,000-1,500 per watt. For example, the Hope probe uses 1,800 watts from two solar panels.

The technology has a dynamic response feature, which includes internal cells that protect the solar panels from any internal or external impacts. There is also a passive heat dissipation system that uses metallic solar reflective strips to convert internal waste heat into usable energy ultimately extending the lifespan of a spacecraft.

The start-up space industry is becoming an important source of innovation for the government. Governments have an opportunity to leverage emerging start-up space companies to do more while spending less, he said.

Mustafa Alhashmi launched a start-up, called Smart Navigation Systems, in 2015 that is run by Emirati engineers.

The company is part of Abu Dhabi's Hub71 incentive programme and it has now become part of the UAE NewSpace Innovation project.

Mr Alhashmi said his firm offers remote-sensing services using artificial intelligence.

Our main products developed locally are based on spatial data, providing applications that serve the local community and are directed to federal and local authorities in general, he said.

Regional municipalities, educational and environmental sectors benefit from our services, increasing people's convenience and security.

He said his remote-sensing technology can offer satellite imagery that can be used by authorities for disaster mitigation planning and recovery, coastal change detection, building permit verification, measuring post Covid-19 impact, among others.

As of now, authorities use images provided by government satellites DubaiSat-1 and 2 and KhalifaSat for such services.

Another team is offering a group of mini Earth-observation satellites that will continuously gather data on the Middle East and Northern Africa region.

It will use a Synthetic Aperture Radar, a technology that offers a 2 or 3-D version of satellite images. The product is useful for municipalities for urban planning.

CubeSats - micro-satellites the size of a box - are gaining popularity in the UAE, especially among university students, who are building and launching them with the help of the space agency.

The devices are much cheaper than conventional satellites and sit in low orbit.

Updated: August 4, 2020 09:27 AM

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UAE space sector launches mission to find next Elon Musk with millions in funding - The National

What will happen when Tesla hits the S&P 500 – The Australian Financial Review

Theres no template to follow for Vanguards two dozen US traders plus a team of analysts who work on keeping transaction costs down when it comes to efficiently handling a stock as big and volatile as Tesla. Nor is it easy to predict the ripple effects in the overall market.

A shift in the index composition could be announced any time. The addition theoretically could happen along with the departures of E*Trade Financial or Tiffany & Co, which are being acquired, or as part of a routine quarterly rebalancing in September.

Index funds may get as few as a couple days notice of the switch. So they need to decide if they should start buying before the addition, the day the stock is added, or afterwards. Picking which approach is not as simple as it sounds. While Teslas stock may be bid up by traders trying to take advantage of demand from indexers, other investors may treat it as what OReilly calls a super liquidity event. That is, longtime Tesla shareholders who are looking to trim positions may try to get out when they know index funds have to buy.

The two kinds of investors could cancel each other out. There are all sorts of crosscurrents, OReilly says. He says hes confident Vanguard will be able to handle the switch without a big tracking error that is, a dislocation between the performance of the index and the funds that follow it.

Like many things about Tesla chief executive Elon Musk, his companys path into the S&P 500 is unconventional, which explains how Tesla became the gorilla in the room for the index fund crowd. Investors simply believed in the Tesla story enough to bid the share price into the stratosphere despite a record dotted with more quarterly losses than profits.

The S&P 500 is weighted by market capitalisation and the most highly valued companies take up the largest share of the index. If that were the only standard, Tesla would have qualified a while ago. The threshold to be added is a market value of a little more than $US8 billion.

The committee that decides the membership of the S&P 500 is keeping mum about when or even if it plans to add Tesla.

Companies who meet the eligibility requirements are not automatically added to the index, an S&P Dow Jones Indices spokesman said in an emailed statement. They join a pool of other eligible candidates and are considered for inclusion when an opportunity presents itself, at which point the index committee takes several factors into account, such as sector balance and size representation.

When figuring out how to weight companies in the index, the S&P adjusts their value to reflect the number of shares available for trading. Using that standard, Tesla would probably be the 17th-largest company in the S&P 500 if it were included now, with an index weight of about 0.8 per cent between PayPal Holdings and Pfizer.

One of the largest additions to the benchmark in recent history occurred a decade ago with Warren Buffetts Berkshire Hathaway, which at the time had an adjusted market value of $127 billion, far less than Teslas today. But it represented a bigger weight in the index then.

While indexers strategise about how to handle this shake-up to the passive investment world, traders with a more active approach will try to figure out how to profit from price swings created by the potential announcement. The trade would basically be; buy Tesla, sell everything else, and youd start to see that in the market, says Steve Sosnick, chief strategist at Interactive Brokers.

Still, its possible that expectation is priced into Teslas shares after a gain of as much as 293 per cent this year. A working paper posted by the National Bureau of Economic Research in July found that stock pops linked to the announcement of index inclusion have gone away, and the lasting effect on price in recent years has been downwards.

Since Tesla reported earnings, its shares have fallen 6.6 per cent. Firms included in the index perform extremely well in the year before they are included in the index, says Ren Stulz, a professor at Ohio State University and one of the papers authors. Our results would also imply that getting into the index would not lead to another boost in Teslas stock price.

Bloomberg Businessweek

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What will happen when Tesla hits the S&P 500 - The Australian Financial Review

Ascension Public Schools disinfecting all campuses ahead of new school year – WBRZ

ASCENSION PARISH Teachers and staff in Ascension are getting ready to get back into the classroom.

They'll be returning next week to prepare for the upcoming school year, which starts on Aug. 10. But before that can happen, all of the buildings are getting a deep clean to prevent the spread of COVID-19.

This company we've used actually for several years. We first engaged them in our high school locker rooms to try to help reduce staff infections for our high school athletes, Public Information Officer for Ascension Public Schools Jackie Tisdale said. "We found that this product really really worked for us."

For the very important task of keeping schools clean amid the pandemic, Tisdale says they turn to a company called DIS.IN.FX.

We expanded it to our pre-k kids, and we saw a drastic reduction in student illnesses once we started using this, Tisdale said.

Last year was the first year every school was disinfected, and this year will be the same.

According to DIS.IN.FX, the solution they use to spray down every table, chair and water fountain is a razor antimicrobial coating. It kills 99.9 percent of germs when wet, and leaves a film that prevents microorganisms to grow on surfaces.

It protects the surfaces for up to three months, Tisdale said. They come in every single month, and they actually take swabs and they test to see if the product is still working. If it shows signs of it not working, they come back and re-treat the entire school."

The disinfecting happened back in March when schools closed, again in May and now right before students are expected back on Aug. 10.

"We really think this extra disinfectant safety measure is going to help us combat the spread of any illness in the schools, Tisdale said.

All campus will be disinfected every three months during the school year. Surfaces will also be wiped down on a regular basis.

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Ascension Public Schools disinfecting all campuses ahead of new school year - WBRZ

195 Acres Rezoned Along Latson Road In Genoa Township – WHMI

By Jessica Mathews / news@whmi.com

A large rezoning has been approved for 195-acres off Latson Road, south of the I-96 interchange in Genoa Township.

The township board met Monday night and unanimously approved a rezoning ordinance, planned unit development agreement, environmental impact assessment and conceptual PUD plan. Treasurer Robin Hunt was absent. The rezoning was from country estates to interchange campus PUD and interchange commercial PUD. The applicant was Todd Wyett of Versa Development. The area west of Latson Road is intended for high-tech or light industrial use. The area east of Latson Road is intended for supportive commercial use. An application for rezoning states there is demand for different types of uses on the site and noted that having such a large land areas under single ownership sat a newly constructed interchange to I-96 presents a unique opportunity. The proposed design guidelines of the PUD also place certain restrictions on lighting and buffers between adjacent uses.

Supervisor Bill Rogers says the rezoning is consistent with the township master plan and can accommodate a number of different uses, especially considering the freeway proximity. Rogers tells WHMI theyre excited about the opportunity to potentially attract new businesses and get more people employed closer to home, which will be a big benefit.

With the rezoning, Rogers says there is the potential for multiple types of things there that couldnt be developed in the past but now totally fit in the overall scheme of things especially something like a large office building or a packing facility similar to UPS. He says theyve allowed for flexibility yet also added constraints for aesthetics and other things so there can be some amenities and attractions, especially with the expressway, and attract large businesses that need that kind of access. Rogers says the primary acreage is geared toward large commercial and could be set up to house something like a Ford, Amazon or Apple facility that involves office space and light production such as shipping but nothing industrial. As for potential building heights, Rogers says theyre anticipating three or four stories, comparable to the newer Ascension Medical Center.

Rogers said theyve been working on this for more than two years and commended staff and everyone involved. He noted there arent any specific projects tied to the rezoning that hes aware of but everyone has been working toward this for two years and getting that flexibility to attract people. He said it is right by the freeway and not interfering with neighborhoods and while he doesnt know what Wyett has planned, he hopes some things are in the works to move to Genoa Township and create jobs. Rogers noted another big benefit tied to the rezoning is that the area will be served by public utilities, meaning surrounding properties and residents can tap into water and sewer. He says Wyett paid for all of that internal work and getting the utilities across the road, which can be extended and those who desire can tap in.

A public hearing was held and one resident who lives next to the property raised some concerns about buffers, building heights and LED signage. Wyett attended the meeting by video call and didnt discuss the project but at the end instructed the board to provide his contact information to the resident.

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195 Acres Rezoned Along Latson Road In Genoa Township - WHMI

Will Karofsky Rebalance the WI Supreme Court? – Urban Milwaukee

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Wisconsin Supreme Court. Photo by Dave Reid.

A new justice joined the Wisconsin Supreme Court over the weekend, and experts are watching closely to see how partisan dynamics on the states highest court may shift just as its poised to rule on several high-profile cases.

When liberalJustice Jill Karofsky was sworn into the court over the weekend, its partisan makeup shifted from a 5-2 conservative majority to 4-3.

Some have pointed out that thenarrower conservative majority means better odds for liberal rulings from the court, because only one conservative would now need to defect from his or her colleagues to swing an opinion.

Alan Ball, a professor of history at Marquette University who runs SCOWstats, a blog that tracks and analyzes the courts decisions, said its possible conservative justices will show more of what he calls bloc cohesion in their coming term.

In an April analysis for SCOWstats, Ball found justices Rebecca Bradley and Brian Hagedorn were more likely than other conservative justices to break from their ideological colleagues in the past court term.

Ball found longtime conservative justices Patience Roggensack and Annette Ziegler ruled the same way on 96 percent of cases, but Bradley only agreed with Roggensack 67 percent of the time and Ziegler 60 percent. Hagedorn agreed even less oftenonly 64 percent of the timewith Roggensack and 55 percent with Ziegler.

Brian Hagedorn seems to be the least predictable,Ball said in an interview. Hes the one that seems most likely to go his own waythe one (who is), to put it another way, most difficult for conservatives to keep in the fold.

Notably, Hagedorn broke from his fellow conservatives inthe courts ruling on the Evers administrations safer-at-home order in May.

Douglas Hoffer, an Eau Claire attorney who closely follows the court and writes about it onSCOWISblog, agreed with Ball.

I think it is likely there will be less split decisions (in the coming term),Hoffer said.

Hoffernoted there have been a number of complicated rulings from the court recently, includingone issued in July about the governors veto powers.In that case, a majority of justices agreed on an outcome, but not why they reached it. He said thatkind of fractured ruling leads to confusion.

The newly restructured court is already poised to hear at least one high-profile case. It is set to hear arguments in the coming months in a challengebrought by a conservative advocacy group against the Wisconsin Elections Commission that could remove up to 129,000 votersfrom the states voter rolls. The court agreed to take the case in Junebut said it will not hear oral arguments before Sept. 29.

Any legal challenge to Gov. Tony Evers new statewide mask mandate would go before the court as well. Some speculate Evers timed his order to align with Karofksys ascension to the court and its new partisan balance, but he rebuffs the claim.

There is also possibility that the court could take up a legal challenge to Wisconsins next set of legislative district maps, which are scheduled to be drawn next year.

Experts: Slimmer Conservative Majority On Wisconsin Supreme Court Could Unite Justices was originally published by Wisconsin Public Radio.

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Will Karofsky Rebalance the WI Supreme Court? - Urban Milwaukee

Recent stats show it may be hard for Gandy-Golden to help in 2020 – NBC Sports Washington

There were already some decent expectations placed on Antonio Gandy-Golden for 2020 and then Kelvin Harmon went down. Now, the Day 3 selection is being labeled as someone who needs to really contribute to theWashington Football Team.

But is that too much to ask for a rookie who went on Saturday in the draft? Recent numbers indicate that answer may be yes.

From 2015 to 2019, 25 wide receivers were chosen in the fourth round, which is where Washington nabbed Gandy-Golden a few months ago. Here are some takeaways from looking back on how all of those guys performed in their first professional seasons:

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So, judging solely off of that data, it would appear that Washington shouldn't be prepared to lean heavily Gandy-Golden. Andonce you combine that history with other factors, such as the huge transition he's about to make from Libery to the NFL and the very limited offseason he's had thus far, then the outlook for Gandy-Golden becomes even dimmer.

There is a super simple counter argument, however, at least when it comes to comparing him to his past fourth-round peers, and it has to do with his potential playing time.

While the 22-year-old has to fight througha pandemic, something none of the above rookies can relate to and something that could be detrimental to his early career, he also may be in line for a massive share of snaps right away. Most players who go off the board where Gandy-Golden did are usually worried about simply making the team; he, on the other hand, very well could be a starter across from Terry McLaurin in Week 1.

That alone means Gandy-Golden could end up having enough involvement in the offense to come up with a Crowder-like, impactful debut. In 2019, McLaurin far surpassed other third-round rookie receivers due largely to the amount of opportunity he got with Washington (his ridiculous talent was a bonus of course, too). Gandy-Golden is tracking on a similar path.

A fairly general rule for any franchise is that it's not exactly prudent to need a Day 3 pass catcher to immediately act as one of your primary weapons. Stats from 2015 to 2019 seem to back up that general rule.

Every rule has an exception here or there, though. MaybeGandy-Golden, with his outstanding physical traits and possibly featured role in 2020, will be that next exception and make all this math and comparing a totally moot issue.

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Recent stats show it may be hard for Gandy-Golden to help in 2020 - NBC Sports Washington

Haynes: Beatles peace and love truly found in Jesus – Amarillo.com

On July 7 this year, Ringo Starr hosted an online music show to highlight his 80th birthday.

(Ill give my fellow baby-boomers a few seconds here to get over the fact that one of the Beatles has turned 80. OK, while were at it, know that Paul McCartney is 78, John Lennon would have been 79 and the baby, George Harrison, would have been 77 this year.)

Paul and Ringo, the surviving Fab Two, still are going strong as solo performers, and during Ringos birthday celebration, he flashed the "Peace" hand sign and ended the show saying his now-trademark, "Peace and Love."

I couldnt help thinking of Ringo when I heard the July 19 sermon by one of our pastors. Discussing Jesus promise of the Holy Spirit to believers, he quoted John 14:27: "Peace I leave with you; my peace I give you. I do not give to you as the world gives. Do not let your hearts be troubled and do not be afraid."

The pastor continued, and Im paraphrasing, that in our chaotic 2020 world and throughout history, people have sought peace but often dont look for it in the person who IS peace: Jesus Christ, who is God and the Prince of Peace.

My thoughts jumped to the Bibles statements that not only is God peace, but God is love, too. "Whoever does not love does not know God, because God is love." (I John 4:8) "And so we know and rely on the love God has for us. God is love. Whoever lives in love lives in God, and God in them." (I John 4:16)

Peace and love. Those are wonderful concepts to strive for. And I wonder exactly what Ringo means when he repeats the words and asks people to say them at noon every year on his birthday.

I like Ringo. He seems to have been the Beatle who was most agreeable most of the time when the others were squabbling. And Im sure he sincerely wants peace in the world and wants love to spread.

Im not sure, though, whether true peace and love can take root without the spirit who created them in the first place.

Our pastor pointed out that often, people try to maneuver their surroundings to produce peace in society, hoping that in turn, individuals will have peace within. He said thats backward. The biblical model is that peace within a person will radiate out to create peace in that persons environment. And that idea involves the Holy Spirit.

The pastor said that to have peace within, a person has to invite Jesus into his or her heart, which is the equivalent of having the Holy Spirit inside. That Christian definition of peace is appealing, especially this year when it seems no one can gain control of the division and hatred that spiral around us.

I would be stretching it to say the Beatles music is Christian, but much of it expresses a yearning for something better a yearning that writer C.S. Lewis believed was hard-wired into all of us by the creator of the universe. Lewis said the only true attainment of our deepest desires, of which peace and love are among the most important, is in another world, the one where Jesus promised he has prepared a place for us.

George Harrison was influenced by Eastern religions, but his song, "Within You Without You" reflects what our pastor said about the Holy Spirit. His "My Sweet Lord" has been used in Christian contexts. Paul McCartney sang for "Peace in the Neighborhood." Some of the Beatles most familiar music prods us toward compassion. "The love you take is equal to the love you make" is another way of stating the Golden Rule.

Another pastor, my cousin, says "All You Need Is Love" pretty well sums up his preaching during the past 25 years.

I havent heard Ringo expand on the meaning of his "Peace and Love" mantra, but I appreciate his intentions. And I dont know what would happen to our world if Christians everywhere let peace surge from their hearts.

But lets give it a chance.

Mike Haynes taught journalism at Amarillo College from 1991 to 2016. He can be reached at haynescolumn@gmail.com. Go to http://www.haynescolumn.blogspot.com for other recent columns.

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Here is the Best Time of Day to Save on Ethereum Gas Prices – Cryptonews

Source: Adobe/bogdandimages

The Ethereum (ETH) blockchain doesn't sleep, but people do - and this means that the time of day can be used to one's advantage to pay lower transaction fees.

"In order to save on gas prices, the best time is to submit our transaction is the early weekend morning Singapore time and the worst time is on Thursdays at around 8 PM [12 PM UTC] , Singapore time," according to Marco Marchioro, chief scientist at blockchain startup DEXTF.

Marchioro noted that there are more transactions during the Asian daytime, meaning that one can save on gas prices if they wait for the very early morning in Asia. The author particularly mentioned Singapore as "one of the most vibrant places for companies in the DeFi space."

Therefore, on average, the best time to save on fees is to submit transactions between 2 AM (18:00 UTC) and 8 AM (12 AM UTC) Singapore time. Furthermore, "the worst time during the week for gas prices is observed on Thursdays at UTC noon, or 8 PM in Singapore."

The report stated that there is a positive average surplus during the weekdays, while the gas-price surplus stays negative for most of the weekend, with small positive peaks at 14:00 and 15:00 UTC on both days. "This means that in order to save on gas, on average, it is better to wait for the weekend to submit transactions to the Ethereum blockchain."

"With the growing presence of sleepless and unfaltering bots, and the fast evolution of artificial intelligence, we expect to observe in the years to come less and less hourly or weekly periodicity on transactions in all blockchains," DEXTF's Marchioro said.

Meanwhile, crypto entrepreneur George Harrap added that "Crypto's rise has been dependent on Asia since the beginning of Mtgox in Japan."

____

Learn more:Coinbase Blames Performance Issues on Ethereum Fee SpikeMedian Ethereum Fee Up Almost 1,300% Since April, Bitcoin Fees Jump Too

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Here is the Best Time of Day to Save on Ethereum Gas Prices - Cryptonews

Penn Researchers Identify New Genetic Cause of a Form of Inherited Neuropathy – Newswise

Newswise PHILADELPHIAInherited mutations in a gene that keeps nerve cells intact was shown, for the first time, to be a driver of a neuropathy known as Charcot-Marie-Tooth (CMT) disease. This finding is detailed in a study led by researchers in the Perelman School of Medicine at the University of Pennsylvania, which published in Neurology Genetics, an official journal of the American Academy of Neurology.

The findings, thanks to siblings treated at Penn since the late 1980s, present a clearer picture of the diseases genetic underpinnings that could inform the development of gene therapies to correct it.

The mutations in the gene known as dystonin (DST) add to a growing list of malfunctions found to cause their type of CMT, known as CMT2, which is defined by the loss of the nerve fibers, or axons, in the peripheral nerve cells. The researchers also showed that these mutations affect two key protein isoforms, BPAG1-a2 and BPAG1-b2, that are involved in nerve fiber function. Mutations in other isoforms of the same protein were previously tied to a blistering skin disease.

Neuropathies are common, occurring in nearly half of all diabetic patients, while hereditary neuropathies affect nearly one of out of 2,000 people. CMT is a debilitating neurodegenerative disorder that usually strikes in the second or third decade of life, and leaves patients with numbness and weakness in the hands and feet, among other neurological-related conditions.

There are more than 100 mutations found to be associated with CMT, with likely many more out there. Past studies from Penn researchers have identified some of these mutations by studying patients treated at Penn Medicine.

We are determined to fill in the blanks of this giant jigsaw puzzle, said senior author Steven S. Scherer, MD, PhD, a professor of Neurology. This latest paper is but one of many examples of where breakthroughs have happened between patients and the doctors at Penn and the support of different organizations and institutions to bring it all together."

The researchers applied whole exome sequencing to analyze the more than 30 million base pairs of DNA that encode the 20,000 proteins in humans. By examining three siblingstwo affected and one unaffectedthe researchers were able to deduce the genetic basis of mutations that caused the two siblings to be affected.

Backed by a mouse model from past studies showing a role of dystonin in neuropathies, the researchers identified two recessive mutations on the DST gene, each received from a biological parent, as the culprit. Together, the two mutations in the affected siblings disrupt the BPAG1-a2 and BPAG1-b2 isoforms, the researchers found, which weakened their axonal health. The DST gene gives rise to proteins that regulate the organization and stability of the microtubule network of sensory neurons to allow for transport of different cellular material along the nerve fibers.

We have collaborated with this family for 30 years, and now we finally have an answer, Scherer said, and the answer was a new genetic cause of neuropathy.

The findings put the field steps closer to developing new targeted therapeutics as well as CMT gene therapies designed to replace missing genes or correct mutations driving the disease. Clinical trials to investigate these latest mutations and others are not far off in the future, the researchers believe, particularly at an institution like Penn, which is home to the second largest clinic for CMT patients in the country and well-known for its gene therapy program.

We are in the era where treatments for genetic diseases are possible, Scherer said. This brother and sister stand to benefit from that approach because we know the gene that is missing, and if we could replace it, that should at least prevent their progression.

Co-authors of the study include William Motley, MD, DPhil, a former medical student at Penn and now of Third Rock Ventures, a venture capital firm that invests in biotechnology, and Stephan Zuchner, MD, PhD, of the department of Human Genetics at the University of Miami.

This work was supported by the Judy Seltzer Levenson Memorial Fund for CMT Research, the INC (U54NS065712), which is a part of the NCATS Rare Diseases Clinical Research Network, an initiative of the Office of Rare Diseases Research, and in part by the National Institutes of Health (R25NS065729).

###

Penn Medicineis one of the worlds leading academic medical centers, dedicated to the related missions of medical education, biomedical research, and excellence in patient care. Penn Medicine consists of theRaymond and Ruth Perelman School of Medicine at the University of Pennsylvania (founded in 1765 as the nations first medical school) and theUniversity of Pennsylvania Health System, which together form a $8.6 billion enterprise.

The Perelman School of Medicine has been ranked among the top medical schools in the United States for more than 20 years, according toU.S. News & World Report's survey of research-oriented medical schools. The School is consistently among the nation's top recipients of funding from the National Institutes of Health, with $494 million awarded in the 2019 fiscal year.

The University of Pennsylvania Health Systems patient care facilities include: the Hospital of the University of Pennsylvania and Penn Presbyterian Medical Centerwhich are recognized as one of the nations top Honor Roll hospitals byU.S. News & World ReportChester County Hospital; Lancaster General Health; Penn Medicine Princeton Health; and Pennsylvania Hospital, the nations first hospital, founded in 1751. Additional facilities and enterprises include Good Shepherd Penn Partners, Penn Medicine at Home, Lancaster Behavioral Health Hospital, and Princeton House Behavioral Health, among others.

Penn Medicine is powered by a talented and dedicated workforce of more than 43,900 people. The organization also has alliances with top community health systems across both Southeastern Pennsylvania and Southern New Jersey, creating more options for patients no matter where they live.

Penn Medicine is committed to improving lives and health through a variety of community-based programs and activities. In fiscal year 2019, Penn Medicine provided more than $583 million to benefit our community.

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Penn Researchers Identify New Genetic Cause of a Form of Inherited Neuropathy - Newswise

Genetic Variant in Persons of African Descent Linked with Stroke: Analysis – DocWire News

A new meta-analysis tries to shed light on why strokes hit the black population harder than other groups.

Published in Stroke, the COMPASS (Consortium of Minority Population Genome-Wide Association Studies of Stroke) included more than 22,000 individuals of African ancestry from 13 different cohorts (3,734 cases and 18,317 controls).

Stroke is a complex disease with multiple genetic and environmental risk factors, the authors wrote. Blacks endure a nearly 2-fold greater risk of stroke and are 2 to 3 times more likely to die from stroke than European Americans.

The authors identified a single nucleotide polymorphism (rs55931441) near HNF1A gene that they reported had genome-wide significance (P=4.62108) along with at least 29 other polymorphisms at 24 unique loci that they said showed evidence of an association (P<1106). The authors compared this to other populations by performing a look-up analysis in Europeans and Hispanics (in the Stroke Genetics Network). Sixteen of 24 loci across multiple populations validated the findings for individuals of African descent. They also wrote that variants in the SFXN4andTMEM108 genes represented potential novel ischemic stroke loci.

Despite its limitations, the authors noted that genetic studies like COMPASS that include minority populations present potential for identifying underlying stroke disparities. The upshot, they said, was potential advances in precision medicine that would lead to better stroke risk stratification in diverse populations.

Given the undue burden that people of African ancestry endure from stroke and other cerebrovascular disease, the lack of investigation of risk factors in this group has been a substantial gap, said researcher Bradford B. Worrall, MD, a neurologist at UVA Health, in a press release. Our work is an important step toward filling that gap, albeit with much more work to be done. These findings will provide greater insight into ethnic-specific and global risk factors to reduce the second leading cause of death worldwide.

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Genetic Variant in Persons of African Descent Linked with Stroke: Analysis - DocWire News

Invitae Reports $46.2 Million in Revenue Driven by More Than 120000 Samples Accessioned in the Second Quarter of 2020 – Monterey County Weekly

SAN FRANCISCO, Aug. 4, 2020 /PRNewswire/ --Invitae Corporation (NYSE: NVTA), a leading medical genetics company, today announced financial and operating results for the second quarter ended June 30, 2020.

"While we experienced significant disruptions in the healthcare system due to the pandemic, we quickly established a solid recovery during the quarter. Our results highlight the strength of our operations and the benefits of our diversified menu, investments in telehealth capabilities and longstanding customer relationships, all of which position us to adapt and meet the changing needs of our customers," said Sean George, Ph.D., co-founder and chief executive officer of Invitae. "We exited the quarter with a strong footing and increasing momentum. We remain confident in our ability to continue to deliver on our mission to bring genetic information into mainstream medicine."

Second Quarter 2020 Financial Results

Total operating expense, excluding cost of revenue, for the second quarter of 2020 was $145.3 million. Non-GAAP operating expense was $105.7 million in the second quarter of 2020.

Net loss for the second quarter of 2020 was $166.4 million, or $1.29 net loss per share, compared to a net loss of $48.7 million in the second quarter of 2019, or $0.54 net loss per share. Non-GAAP net loss was $99.2 million, or $0.77 non-GAAP net loss per share, in the second quarter of 2020.

At June 30, 2020, cash, cash equivalents, restricted cash and marketable securities totaled $428.5 million. Net increase in cash, cash equivalents and restricted cash for the quarter was $78.0 million. Cash burn, including various acquisition-related expenses, was $89.2 million for the quarter and $63.8 million when excluding the $25.4 million cash paid to acquire YouScript and Genelex.

Early in the quarter, in response to impacts of the pandemic, the company took actions to significantly scale back operational expenditures. The result of these changes is expected to decrease the discretionary spend in cost of revenue and operating expense beginning in the third quarter.

"We continue to see a solid recovery in volume, improvement in our operating leverage and ability to improve revenue generation. As a result, we are well positioned with sufficient capital to execute our strategy in the coming years," continued Dr. George. "We have added or will be adding important capabilities to our platform through the acquisitions we announced this quarter and our ongoing product development efforts. With our mission clearly in focus, we can continue to navigate these unprecedented times."

Corporate and Scientific Highlights

Webcast and Conference Call DetailsManagement will host a conference call and webcast today at 4:30 p.m. Eastern / 1:30 p.m. Pacific to discuss financial results and recent developments. To register for the conference call and webcast, please use one of the methods below. Upon registering, each participant will be provided with call details and a registrant ID.

Online registration: http://www.directeventreg.com/registration/event/5882896

Phone registration: (888) 869-1189 or (706) 643-5902

The live webcast of the call and slide deck may be accessedhere or by visiting the investors section of the company's website atir.invitae.com. A replay of the webcast and conference call will be available shortly after the conclusion of the call and will be archived on the company's website.

About InvitaeInvitae Corporation(NYSE: NVTA)is a leading medical genetics company whose mission is to bring comprehensive genetic information into mainstream medicine to improve healthcare for billions of people. Invitae's goal is to aggregate the world's genetic tests into a single service with higher quality, faster turnaround time, and lower prices. For more information, visit the company's website at invitae.com.

Safe Harbor StatementThis press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements relating to the company's belief that it is well-positioned to adapt and meet the changing needs of its customers; the company's belief regarding the momentum of its business and ability to continue to deliver on its mission to bring genetic information into mainstream medicine; the impact of the COVID-19 pandemic on the company's business, and the measures it has taken or may take in the future with respect thereto; the impact of the company's acquisitions, including its proposed merger with ArcherDX, as well as its partnerships and product offerings; and the company's beliefs regarding the growth of its business, its position and impact on the genetic testing industry, its success in executing on its mission and strategy, and the benefits of genetic testing. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially, and reported results should not be considered as an indication of future performance. These risks and uncertainties include, but are not limited to: the impact of the COVID-19 pandemic on the company, and the effectiveness of the efforts it has taken or may take in the future in response thereto; the company's ability to continue to grow its business, including internationally; the company's history of losses; the company's ability to compete; the company's failure to manage growth effectively; the company's need to scale its infrastructure in advance of demand for its tests and to increase demand for its tests; the risk that the company may not obtain or maintain sufficient levels of reimbursement for its tests; the ability of Invitae and ArcherDX to obtain the approval of Invitae's and ArcherDX's stockholders, and to satisfy the other conditions to the closing of the acquisition and related financing transactions on a timely basis or at all; the occurrence of events that may give rise to a right of one or both of Invitae and ArcherDX to terminate the merger agreement; the company's failure to successfully integrate or fully realize the anticipated benefits of acquired businesses; the company's ability to use rapidly changing genetic data to interpret test results accurately and consistently; security breaches, loss of data and other disruptions; laws and regulations applicable to the company's business; and the other risks set forth in the company's Quarterly Report on Form 10-Q for the quarter ended March 31, 2020. These forward-looking statements speak only as of the date hereof, and Invitae Corporation disclaims any obligation to update these forward-looking statements.

Non-GAAP Financial MeasuresTo supplement Invitae's consolidated financial statements prepared in accordance with generally accepted accounting principles in the United States (GAAP), the company is providing several non-GAAP measures, including non-GAAP gross profit, non-GAAP cost of revenue, non-GAAP operating expense, including non-GAAP research and development, non-GAAP selling and marketing, non-GAAP general and administrative and non-GAAP other income (expense), net, as well as non-GAAP net loss and non-GAAP net loss per share and non-GAAP cash burn. These non-GAAP financial measures are not based on any standardized methodology prescribed by GAAP and are not necessarily comparable to similarly-titled measures presented by other companies. Management believes these non-GAAP financial measures are useful to investors in evaluating the company's ongoing operating results and trends.

Management is excluding from some or all of its non-GAAP operating results (1) amortization of acquired intangible assets, (2) acquisition-related stock-based compensation related to inducement grants, (3) post-combination expense related to the acceleration of equity grants or bonus payments in connection with the company's business combinations, (4) adjustments to the fair value of our acquisition-related liabilities and (5) acquisition-related income tax benefits. These non-GAAP financial measures are limited in value because they exclude certain items that may have a material impact on the reported financial results. Management accounts for this limitation by analyzing results on a GAAP basis as well as a non-GAAP basis and also by providing GAAP measures in the company's public disclosures.

Cash burn excludes (1) changes in marketable securities, (2) cash received from equity financings and (3) cash received from exercises of warrants. Management believes cash burn is a liquidity measure that provides useful information to management and investors about the amount of cash consumed by the operations of the business. A limitation of using this non-GAAP measure is that cash burn does not represent the total change in cash, cash equivalents, and restricted cash for the period because it excludes cash provided by or used for other operating, investing or financing activities. Management accounts for this limitation by providing information about the company's operating, investing and financing activities in the statements of cash flows in the consolidated financial statements in the company's most recent Quarterly Report on Form 10-Q and Annual Report on Form 10-K and by presenting net cash provided by (used in) operating, investing and financing activities as well as the net increase or decrease in cash, cash equivalents and restricted cash in its reconciliation of cash burn.

In addition, other companies, including companies in the same industry, may not use the same non-GAAP measures or may calculate these metrics in a different manner than management or may use other financial measures to evaluate their performance, all of which could reduce the usefulness of these non-GAAP measures as comparative measures. Because of these limitations, the company's non-GAAP financial measures should not be considered in isolation from, or as a substitute for, financial information prepared in accordance with GAAP. Investors are encouraged to review the non-GAAP reconciliations provided in the tables below.

INVITAE CORPORATION

Consolidated Balance Sheets

(in thousands)

(unaudited)

June 30,2020

December 31,2019

Assets

Current assets:

Cash and cash equivalents

$

168,203

$

151,389

Marketable securities

253,933

240,436

Accounts receivable

27,905

32,541

Prepaid expenses and other current assets

21,081

18,032

Total current assets

471,122

442,398

Property and equipment, net

43,381

37,747

Operating lease assets

38,239

36,640

Restricted cash

6,343

6,183

Intangible assets, net

192,644

125,175

Goodwill

211,225

126,777

Other assets

6,921

6,681

Total assets

$

969,875

$

781,601

Liabilities and stockholders' equity

Current liabilities:

Accounts payable

$

20,091

$

10,321

Accrued liabilities

99,490

64,814

Operating lease obligations

6,339

4,870

Finance lease obligations

977

1,855

Total current liabilities

126,897

81,860

Operating lease obligations, net of current portion

42,134

42,191

Finance lease obligations, net of current portion

879

1,155

Convertible senior notes, net

276,092

268,755

Deferred tax liability

10,250

Other long-term liabilities

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Invitae Reports $46.2 Million in Revenue Driven by More Than 120000 Samples Accessioned in the Second Quarter of 2020 - Monterey County Weekly

Noel R. Rose, widely regarded as the father of autoimmune disease research, dies at 92 – The Hub at Johns Hopkins

ByCarly Kempler

Noel R. Rose, a longtime Johns Hopkins Bloomberg School of Public Health faculty member and researcher widely recognized as a father of autoimmune disease research, died Thursday at home in Brookline, Massachusetts. He was 92.

"Noel was an extraordinary scientist and an exceptionally kind and humble human beingalways looking out for the well-being of faculty and students," said Ellen J. MacKenzie, the current dean of the Johns Hopkins Bloomberg School of Public Health. "I admired his steadfast commitment to excellence coupled with his dry sense of humor. He was always good at listening to different sides of an argument and reaching a decision that everyone felt good about."

Rose served from 1951 to 1973 on the faculty of SUNY Buffalo School of Medicine, where he and his mentor Ernest Witebsky discovered in 1956 that Hashimoto's diseasechronic lymphocytic thyroiditis, or hypothyroidismcould be reproduced in experimental animals by immunization with thyroglobulin, which revealed that animals produced an immune response that inflamed and destroyed their own thyroid glands. This landmark discovery of autoimmunity led to the creation of a whole new class of disease and opened the door for research for treatments and cures.

Image caption: Noel R. Rose

He then discovered the genetic basis of autoimmune disease. His lab showed for the first time that the major histocompatibility complex contains the main genes that determine the risk for all autoimmune disease. From 1973 to 1982, he was professor and chair of the Department of Immunology and Microbiology at Wayne State University School of Medicine.

Rose joined Johns Hopkins in 1982 as chair of what was then known as the Department of Immunology and Infectious Diseases and is now the W. Harry Feinstone Department of Molecular Microbiology and Immunology at the Bloomberg School. He held a full-time joint appointment in the Johns Hopkins School of Medicine's Department of Pathology, where he directed the Pathobiology Graduate Program.

After stepping down as chair in 1993, Rose directed the Department of Pathology Division of Immunology for five years and served as president of the Bloomberg School Faculty Senate. He also directed the Johns Hopkins Center for Autoimmune Disease Research, which he founded in 1999.

"As his successor as department chair, I benefitted greatly from Noel's perspective and advice. In his own quiet and considerate way, he contributed to science and the School of Public Health in multiple ways," recalled Diane Griffin, University Distinguished Service Professor at the Bloomberg School who served as chair of Molecular Microbiology and Immunology from 1994 through 2014. "He was a founding contributor to the field of autoimmunity and continued to make pioneering contributions to our understanding of these diseases."

Rose was born in Stamford, Connecticut, on December 3, 1927. His mother was a homemaker and his father a physician. He received his bachelor's degree in zoology in 1948 from Yale University, a PhD in medical microbiology from University of Pennsylvania in 1951, and his MD in 1964 from the State University of New York, Buffalo.

His numerous accolades include the Abbot Award, Professional Recognition Award, and Founder's Distinguished Service Award from the American Society for Microbiology; Ernest Lyman Stebbins Medal from Johns Hopkins Bloomberg School of Public Health, the Bloomberg School's most prestigious award; Nikolaus Copernicus Medal from the Polish Academy of Sciences; Presidential Award from the Clinical Immunology Society, and Golden Goose Award from the American Association for the Advancement of Science.

His prominent national and global leadership roles included director of the Pan American Health Organization/World Health Organization Collaborating Center for Autoimmune Disorders and chair of the Autoimmune Diseases Coordinating Committee at the National Institutes of Health. Rose was editor or co-editor of 23 books, most notably the textbook The Autoimmune Diseases, and published more than 880 articles and chapters in the fields of immunology, immunopathology, autoimmunity, and autoimmune diseases.

In 1991, Rose and Virginia T. Ladd founded the American Autoimmune Related Diseases Association, the primary research and advocacy group for autoimmune diseases. For 20 years, Rose chaired the organization's scientific committee and spearheaded the biannual Noel R. Rose Scientific Colloquium, which convenes the nation's leading researchers in autoimmune and related diseases.

Rose is survived by his wife of 69 years, Deborah H. Rose; children Alison Rose Weinstock, David Richard Rose, Bethany Rose Kramer, and Jonathan Richard Rose; 10 grandchildren; and five great-grandchildren.

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Noel R. Rose, widely regarded as the father of autoimmune disease research, dies at 92 - The Hub at Johns Hopkins

Seragon Announces GenomeScore, the First AI Platform to Measure Rate of Aging and Physiological Changes – PRNewswire

IRVINE, Calif., Aug. 4, 2020 /PRNewswire/ --Seragon Pharmaceuticals, Inc. today announced GenomeScore, the first artificial intelligence platform combining epigenetic and transcriptome analyses to predict a person's aging speed and assess different aspects of physiological function.

"How you age depends on how you lived your life up to this point, and GenomeScore looks into what's currently occurring in your body at the molecular level," said Lead Scientist Aake Vaestermark of Seragon Pharmaceuticals. While traditional genetic tests reveal genetic predisposition, the company's new platform allows individuals to understand how well their biological system is performing over time. "Conventional genetic tests are like comparing the cars that haven't been used, but our new platform is like comparing used cars to see if all the components are up and running after all those years."

Unlike existing epigenetic age tests that only provides an overall body age, GenomeScore's neural network-trained algorithms paint a more detailed and complete picture of the body's age in different areas. The platform shows both the individual's biological age and predicts one's body aging rate. By combining transcriptome analysis, an assessment of gene expression, the platform can also predict the "age" of other physiological functions such as the immune and endocrine systems.

"The platform could act like a warning sign if one of your organs is growing old particularly fast," said Dr. Vaestermark. "It can be a way of finding your weakest point physically, and people want to know that."

Traditionally, people estimate their age through chronological years, the number that one celebrates on their birthday each year. However, individuals age in different paces due to factors like genetics and lifestyles. Based on a set of proprietary epigenetic, metabolic and gene expression markers, GenomeScore platform can predict an individual's speed of aging and physiological changes.

GenomeScore provides a novel way of measuring health parameters that may translate to clinical applications for consumers to better predict how lifestyles and other factors impact their process of aging. For scientists and physicians, a better understanding of how individual ages may provide the opportunity to develop personalized medicine to target patients' medical needs in the future.

Through Seragon Pharmaceuticals' dedication to innovation and technology advancement, the company has developed a set of microarray chips based on the GenomeScore algorithms to make the platform more accessible. The technology further expands the company's bioinformatics research and product portfolio, fulfilling its commitment to creating healthier communities through advancing science and product development.

About Seragon PharmaceuticalsSeragon Pharmaceuticals, Inc., headquartered in Irvine, California, is a research-based biopharmaceutical company dedicated to improving human and animal health through innovative science. Seragon Pharmaceuticals is committed to applying cutting-edge scientific and technological advancements to the fields of metabolism, gene therapy and bioinformatics. From the research end to consumer products and clinical applications, Seragon strives to bring people access to the most significant breakthroughs in medicine. For more information, please visit http://www.seragon.com.

Media Contact: Tiffany Chen [emailprotected]

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Atsena Therapeutics acquires exclusive rights to Gene Therapy for GUCY2D-associated Leber Congenital Amaurosis – GlobeNewswire

DURHAM, N.C., July 29, 2020 (GLOBE NEWSWIRE) -- Atsena Therapeutics, a clinical-stage gene therapy company focused on bringing the life-changing power of genetic medicine to reverse or prevent blindness, today announced that it has acquired exclusive rights to a gene therapy targeting GUCY2D-associated Leber congenital amaurosis (LCA1), a genetic eye disease that affects the retina and is a leading cause of blindness in children, from Sanofi, which originally licensed it from the University of Florida. The therapy was created in the laboratory of Atsena Founder and Chief Scientific Officer Shannon Boye, Ph.D., and Founder and Chief Technology Officer Sanford Boye, M.Sc., at the University of Florida.

We are thrilled that our gene therapy for LCA1 is coming home to Atsena and that we will have the opportunity to further its development, said Shannon Boye. Atsena was founded to advance treatments for inherited retinal diseases and believes in centering patients perspectives and needs in all we do. We are honored to continue to work with LCA1 patients and their families as we strive to treat this debilitating disease.

LCA is the most common cause of blindness in children, impacting two to three per 100,000. LCA1 is caused by mutations in the GUCY2D gene and results in early and severe vision impairment or blindness. GUCY2D-LCA1 is one of the most common forms of LCA, affecting roughly 20 percent of patients who live with this inherited retinal disease.

Atsena has an ongoing Phase I/II clinical trial evaluating this gene therapy in LCA1 patients. The second cohort in the trial is expected to be dosed in the fall of 2020.

Atsenas gene therapy has the potential to be a major advance in treating blindness in both children and adults affected by this inherited retinal disease, said Benjamin Yerxa, Ph.D., Chief Executive Officer of the Foundation Fighting Blindness and Atsena board director. The foundation was instrumental in supporting proof of concept studies in the founders labs over the last 15 years. Now, via investment in Atsena through our Retinal Degeneration (RD) Fund, we are excited to support this potential breakthrough treatment for LCA1.

Atsena closed a Series 1 funding of $8.15 million in April 2020, led by founding investors Hatteras Venture Partners and the Foundation Fighting Blindness RD Fund with participation by Osage University Partners, PBM Capital and the University of Florida. Patrick Ritschel, M.B.A., co-founder and former President of gene therapy company StrideBio, serves as Atsenas Chief Executive Officer.

Atsena is pleased to have the support of an enthusiastic investor base that shares our dedication to bringing the life-changing power of genetic medicine to patients living with LCA1 and other forms of blindness, said Ritschel. We look forward to working closely with our investors and patients as we continue to grow, and expect to announce additional milestones later this year.

About Atsena Therapeutics

Atsena Therapeutics is a clinical-stage gene therapy company, focused on bringing the life-changing power of genetic medicine to reverse or prevent blindness. The company has an ongoing Phase I/II clinical trial evaluating a potential therapy for one of the most common causes of blindness in children. Its additional pipeline of leading preclinical assets is powered by an adeno-associated virus (AAV) technology platform tailored to overcome the hurdles presented by inherited retinal disease, and its approach is guided by the specific needs of each patient condition. Founded by pioneers in ocular gene therapy, Atsena has a licensing, research and manufacturing collaboration with the University of Florida and is headquartered in North Carolinas Research Triangle, an environment rich in gene therapy expertise. For more information, please visit atsenatx.com.

Media Contact:Tony Plohoros6 Degrees(908) 591-2839tplohoros@6degreespr.com

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Atsena Therapeutics acquires exclusive rights to Gene Therapy for GUCY2D-associated Leber Congenital Amaurosis - GlobeNewswire