All posts tagged: absorb

New York doesn’t want to sue prediction markets—it wants to absorb them

New York doesn’t want to sue prediction markets—it wants to absorb them

A staffer pretending to be 15 logged onto an online gaming site and began placing bets. For days, nothing stopped him. No warning, no verification, no barrier. Only after he won a $75 gift card did the platform ask his age. For New York State Senator Joseph Addabbo Jr., the episode crystallized what he sees as a dangerous gap in oversight. “It is gambling,” he told ReadWrite. “Whenever an individual has an opportunity of putting up money with the potential of gaining money… that’s gambling.” Great chatting to @SenJoeAddabbo on prediction markets after a new NY bill emerged. Addabbo set to open New York legal review to potentially regulate prediction markets – https://t.co/OY5jWf3bv3 — Suswati Basu (@suswatibasu) November 14, 2025 But the more revealing part of his argument comes after that. The problem, as he sees it, is not simply that prediction markets exist. It is that they are already operating, expanding, adapting, and in many cases, outpacing the state’s ability to control them. “It’s not a question of if it happens… it’s a question …

LocatED chief to depart with DfE set to absorb firm

LocatED chief to depart with DfE set to absorb firm

CEO announces she will take on ‘new challenge’ when the government-back company moves into the department CEO announces she will take on ‘new challenge’ when the government-back company moves into the department More from this theme Recent articles The boss of the Department for Education’s property arm LocatED is set to step down from the role, as the body prepares to be brought in-house. Lara Newman, its CEO, has announced she will take “on a new challenge” when the company gets absorbed back into government next month. Launched nine years ago to procure sites for new free schools, the firm’s work was extended to acquiring and selling sites on DfE’s behalf and providing “an expert commercial property consultancy service” to officials and leaders. ‘New challenge’ Posting on LinkedIn, Newman said: “After nearly a decade, I’m leaving LocatED. “I won’t be joining the team as they transfer to DfE on April 1 — instead, I’ll be taking on a new challenge that I’m not quite ready to share the details of yet.” Lara Newman The decision to …

Spreading crushed rock on farms could absorb 1 billion tonnes of CO2

Spreading crushed rock on farms could absorb 1 billion tonnes of CO2

Crushed basalt being spread in a field trial of enhanced rock weathering for carbon dioxide removal in Queensland, Australia Paul Nelson Spreading crushed silicate rocks like basalt on fields could remove up to 1.1 billion tonnes of carbon dioxide from the atmosphere annually while increasing crop yields, according to an analysis of the method’s global potential. But some researchers question whether that figure is really achievable. Known as enhanced rock weathering, this technique accelerates the breakdown of rocks by rainwater, a natural process that, over millions of years, has transferred CO2 from the atmosphere to the ocean and helped cool the planet in hothouse-Earth periods. Farmers have been spreading ground limestone on fields for centuries to improve nutrient uptake in crops. “The main benefit is through sort of solving atmospheric CO2 through chemical reactions,” says Chuan Liao at Cornell University in New York. “And there are also some side benefits, such as adding… magnesium, calcium potentially, to supplement soil nutrients.” As emissions continue to increase, the United Nations climate body has said humanity will require …