The number of people being dragged into paying income tax has risen by an estimated 4.4 million in three years as a result of the government’s freeze on thresholds, official data shows, a statistic likely to reignite the election debate over taxes. The figures show that an ongoing freeze on income tax thresholds, seen by … Read more
The number of Britons over retirement age paying tax on their state pension has increased significantly in the past year, according to new figures published by HM Revenue and Customs (HMRC). Tax authority data shows that annual figures on the number of people paying income tax on their pension payments have risen by 660,000, from … Read more
More than 400 million years ago, an upwelling of hot rock from the Earth’s mantle caused the Earth’s crust in Mongolia to tear apart. This created an ocean that lasted for 115 million years. The geological history of this ocean could help researchers understand the Wilson cycles, or the process by which supercontinents break apart … Read more
Aston Martin has announced it will produce an “extreme” street-legal version of its Valor sports car, called the Aston Martin Valiant, personally commissioned by F1 legend Fernando Alonso. Alonso made an immediate impact at Aston Martin after joining the team ahead of the 2023 F1 season, achieving a total of eight podium finishes in his … Read more
The FBI says rogues stole around $10 million from crypto fraud victims in just 12 months after posing as helpful lawyers offering to get their lost tokens back. Between February 2023 and 2024, scammers preyed on American victims while they were already in dire straits, taking advantage of their financial vulnerability to scam them a … Read more
Earth has undergone multiple mass extinctions during its existence; for example, the Toarcian Oceanic Anoxic Event (T-OAE) has decimated the planet’s marine ecosystems. But according to a new study by international researchers from Caltech, George Mason University, the University of Naples and elsewhere, the destructive effects of the T-OAE over a period of 300,000 to … Read more
A relatively new startup called EvolutionaryScale has secured a huge amount of funding to build AI models that can generate new proteins for scientific research. EvolutionaryScale said Tuesday it has raised $142 million in a seed round led by ex-GitHub CEO Nat Friedman, Daniel Gross and Lux Capital, with participation from Amazon and NVentures, Nvidia’s … Read more
SHIB and PEPE saw large deposits on the Binance exchange. The memecoins have remained in a bear trend. The analysis of Shiba Inu [SHIB] and Pepe [PEPE] memecoins revealed that significant deposits were taking place on exchanges from certain addresses. The deposits indicate possible increased selling pressure or preparation for trading. However, despite these large … Read more
In August 2023, as part of Mark Zuckerberg’s “year of efficiency” that led to more than 20,000 layoffs, Meta disbanded a research team of a dozen scientists who had trained a large AI language model for biology. But Alexander Rives, who led the research cohort known as Meta’s “AI protein team,” wasn’t deterred by Meta’s … Read more
A bright quasar, powered by a supermassive black hole, emits radiation that pushes clouds of gas away from its surroundings, generating winds at speeds of about 58 million kilometers per hour. Oh, and the quasar is also almost as old as the universe itself. The discovery, made by a team of scientists led by astronomers … Read more