Talk of possible bitcoin fund sends its value above $60,000

By Paul R. La Monica, CNN Business Bitcoin prices continued their October surge on Friday, topping $60,000 on hopes that the Securities and Exchange Commission will soon approve a bitcoin futures exchange-traded fund. Cryptocurrency investors were excited by a tweet from the verified account of the SEC’s Office of Investor Education and Advocacy late Thursday that said, “before investing […]

Chapel Hill’s Ultraloop, which focuses on sanitation tech, cleans up with in new funding

CHAPEL HILL – Ultraloop Technologies, Inc. has closed on $225,000 in new funding, according to an SEC filing. The company, based in Chapel Hill, could raise an additional $275,000.  Three investors participated in the funding, according to the filing, and the proceeds will be used as working capital. Uktraloop makes sanitation devices that use UV-C wavelengths, which […]

Duke computer scientist wins ‘Nobel Prize’ worth $1M for artificial intelligence work

  DURHAM – Whether preventing explosions on electrical grids, spotting patterns among past crimes, or optimizing resources in the care of critically ill patients, Duke University computer scientist Cynthia Rudin wants artificial intelligence (AI) to show its work. Especially when it’s making decisions that deeply affect people’s lives. While many scholars in the developing field […]