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Reddit co-founder resigns and calls for his job to be given to black candidate

Reddit co-founder resigns and calls for his job to be given to black candidate

Technology
A co-founder of Reddit has resigned from his position and said his spot should be filled by a black candidate.Alexis Ohanian, who started the discussion website with Steve Huffman and Aaron Swartz in 2005, said he stepped down from his role as he felt it was the right thing to do for "myself, my country and my family". Ohanian, who is married to tennis legend Serena Williams, said he wanted to be able to tell the couple's two-year-old daughter in the future what he did to show support to the black community in the US.It comes as the protests in response to the death of George Floyd, an unarmed black man who died at the hands of US police officers in Minnesota, entered their tenth day.In a video posted on his Twitter account, Ohanian, 37, said: "I co-founded @reddit 15 years ago to help ...
LIC policyholders given 30 day relaxation for premiums due in March, April in wake of Covid-19 distress

LIC policyholders given 30 day relaxation for premiums due in March, April in wake of Covid-19 distress

Finance
MUMBAI: The Life Insurance Corp of India (LIC) has announced a month-long extension to all policyholders whose premiums fall due in March and April in wake of “unforeseen difficulties” faced by people due to coronavirus. The insurance behemoth has also announced a further retrospective relaxation till April 15th for those customers whose premiums were due in February and given a grace period till March 22nd. “To mitigate the hardships being faced by policyholders in payment of premium, LIC has announced that for all policies, where premium is due in the month of March and April 2020, grace period has been extended by one month,” LIC said in a statement on Saturday. “For February premiums where grace period was expiring after 22nd March, relaxation is allowed upto 15th April.” Moreover, the

Century-old TB vaccine may work better if given in a new way

Technology
Scientists think they can make a century-old tuberculosis vaccine far more protective simply by changing how they give itBy LAURAN NEERGAARD AP Medical WriterJanuary 1, 2020, 7:31 PM3 min readWASHINGTON -- Scientists think they’ve figured out how to make a century-old tuberculosis vaccine far more protective: Simply give the shot a different way. In a study with monkeys, injecting the vaccine straight into the bloodstream dramatically improved its effectiveness over today's skin-deep shot, researchers reported Wednesday. “This offers hope,” although more safety studies are required before testing the approach in people, said Dr. Robert Seder of the National Institutes of Health, a senior author of the study. Tuberculosis kills about 1.7 million people a year, mostly in poor countries. Th
Suspected arsonist given artificial skin ‘expects death sentence’

Suspected arsonist given artificial skin ‘expects death sentence’

World
A suspected arsonist who suffered life-threatening burns on 90% of his body has undergone surgery using mostly artificial skin, Japanese media said.Shinji Aoba is accused of killing 36 people and injuring 32 others after allegedly setting fire to an animation studio in Kyoto in July as he reportedly believed the company stole his story ideas. The 41-year-old suspect was in a critical condition, with third degree burns that destroyed the innermost layer of his skin. ...
Banks may be given incentive to extend loans in backward areas: RBI Dy Guv MK Jain

Banks may be given incentive to extend loans in backward areas: RBI Dy Guv MK Jain

Finance
RBI Deputy Governor MK Jain on Wednesday made a case for incentivising banks to extend loans to poor in backward areas in a bid to promote financial inclusion. Speaking at an event organised by the National Bank for Agriculture and Rural Development (NABARD), Jain said despite impressive growth in formal agriculture granted, there are still several challenges which need to be tackled. Data on the average loan taken by agricultural households indicated that 72 per cent of the credit requirement was met by institutional sources and 28 per cent from non-institutional sources, he said quoting NABARD Financial Inclusion Survey Report 2016-17. Further, the analysis of state-wise flow of institutional agriculture credit has revealed uneven distribution of credit among states, compared to their co...