Spending the Day with British Tech Enthusiasts and Nigel Farage: One of the Rare Politicians Embracing Cryptocurrencies

A gray morning greets Shadwell in east London. Yet, within the historical confines of Tobacco Dock, the gloom is transformed into vibrant neon lights, sleek vehicles, and buzzing conversations about cryptocurrency.

Over two days, advocates of Web3, the envisioned future of the Internet, gathered at the venue of its former exchanges. For many attendees, the highlight is a singular figure: Nigel Farage.

“I don’t care if you like me or not, I’m a champion of this space,” declared the Reform UK leader to an audience predominantly composed of male crypto enthusiasts at the Zebu Live conference.

“Either I’m here to bolster your community, or your community is here to bolster me. Regardless, this partnership benefits us both.”

Farage is aiming to forge a business relationship, emulating Donald Trump’s strategy, with hopes it will evolve into a financial backing for his forthcoming campaign. This year, the Reform Party became the inaugural major UK political party to accept contributions via Bitcoin and other cryptocurrencies.

Attendees noted Farage’s active presence on the circuit, having recently visited a digital asset summit just a mile away in Old Billingsgate.


Zebu Live conference at Tobacco Dock. Photo: George on the boat

“I aim to bring digital assets and cryptocurrencies from chilly London,” he stated at the Zev event.

“I recognized this after my bank account was depleted. [Cryptocurrency] represents ultimate freedom. It’s about managing your finances independently, making your own choices, and escaping authoritarian governments. Cryptocurrency embodies the ultimate 21st-century freedom, a lesson I’ve learned throughout my life.”

This sentiment resonates with the liberal leanings of crypto aficionados, who prize the anonymity and self-determination offered by digital currencies.


Conference panel speaker. Photo: George on the boat

Many attendees became increasingly anti-establishment after Farage’s conflict with NatWest, following the bank’s closure of his accounts. They showed their support for the reformist leader by tweeting selfies during his presentations.

Farage’s hustler-like personality aligns with the cryptocurrency world. He asserts he would have been a crypto trader in the 1980s and expresses a keen interest in dabbling.

His narrative resonates with numerous young entrepreneurs present, who advocate for an internet that ensures anonymity, infiltrating every facet of life while allowing for rapid wealth accumulation.

The flashier, the better appears to be the mantra. At the conference entrance, a black Rolls-Royce Wraith convertible showcases CryptoAutos, a platform enabling purchases or rentals of cars using cryptocurrencies.


The conference featured advanced technology, swag, and gadgets. In a designated area, Sam Altman’s startup WorldCoin showcased a silver sphere inviting participants to scan their eyes as part of a project utilizing biometrics to differentiate between humans and AI entities.

It began rather quietly. The HMRC and the Secret Ledger panel on managing crypto taxation attracted fewer than 40 participants in a space that comfortably accommodated 200. The energy only escalated in the afternoon as Farage’s keynote approached.

“I don’t particularly like him,” mentioned one attendee. “But if he can ease complexities for people in this sector, they will be willing to listen, even if they don’t align with his political viewpoints.”


Zebu Live conference at Tobacco Dock. Photo: George on the boat

Farage stands out as the only prominent British political figure to clearly express his stance on cryptocurrencies. In a move likely to win over many audience members in east London, he proposed legislation to cut capital gains tax on crypto assets from 24% to 10%.

Keir Starmer’s administration aims for the UK to lead in securities tokenization, but the Prime Minister has remained largely silent on the matter. Similarly, Conservative Party leader Kemi Badenoch has not voiced strong opinions. For Farage, this relatively small yet well-resourced group of crypto enthusiasts presents a significant opportunity.

However, some have expressed concerns about his approach to engaging with the sector. Simon Jones, an investor in open finance startup Burnx, walked out after news of Farage’s participation, labeling the event a “political extravaganza.”

“I believe he shouldn’t have been invited,” Jones commented. “He operates solely on a campaign platform, despite it being an industry event lacking proper oversight.”

“He’s emulating Donald Trump’s tactics here, and Trump has mastered this area, accruing substantial funds.”

The U.S. president has amassed millions in political donations from cryptocurrency billionaires and other tech giants, witnessing a rise in the value of his family’s crypto ventures, thereby enhancing the Trumps’ wealth.


In the UK, however, crypto donations face intense scrutiny due to fears they could disguise the origins of party funding and pave the way for hostile foreign influence.

Liam Byrne, the Labour MP for Birmingham and Hodge Hill, as well as chair of the Chamber of Commerce and Industry, contends that crypto donations pose a significant risk to corrupt British politics.

Meanwhile, researchers at the Center for Financial Security (CFS) and the Royal United Services Institute (Rusi) have begun examining the potential threats these donations may pose to democracy, security, and transparency.

As the crowd headed to the afterparty across the road, many seemed unconcerned that they could hold the key to Farage’s political ascent.

“Nigel Farage is one of the rare politicians supportive of cryptocurrencies,” remarked a conference attendee. “He’s shrewd to be here. If the crypto community rallies behind him, he stands to gain significantly.”

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Source: www.theguardian.com

Trump Proposes Slashing Domestic Spending to Historic Lows

National Health Secretary Robert F. Kennedy Jr. emphasizes that addressing the “epidemic” of chronic illness is fundamental to his vision for American health, frequently citing alarming statistics as a pressing need for reform in public health across the nation.

On Friday, President Trump proposed a budget that would nearly halve funding for the Centers for Disease Control and Prevention, completely eliminating the Chronic Disease Center, a move that left many state and city health officials in disbelief.

“Most Americans suffer from some form of chronic illness,” stated Dr. Matifha Frathschwei Davis, health director for the city of St. Louis.

Addressing the proposed cuts, she asked, “How do you reconcile this with an effort to make America healthy again?”

Last month, the Federal Health Administration eliminated 2,400 jobs at the CDC. The Chronic Disease Center, which handles the largest budget within the CDC, was particularly impacted.

In a reorganization last month, programs focused on lead poisoning, smoking cessation, and reproductive health were discontinued.

The proposed budget would slash CDC funding to around $4 billion, down from $9.2 billion in 2024.

Moreover, the budget plan does not account for the $1.2 billion Prevention and Public Health Fund, suggesting that the cuts could surpass what Trump has proposed.

Programs targeting injury prevention, including those related to firearms, along with HIV surveillance and public health emergency preparedness grants, would also be affected.

According to the budget proposal, reductions aim to eliminate “duplicate, DEI, or simply unnecessary programs.” While Congress will formulate a federal budget, it remains uncertain how Trump’s proposal will evolve given the Republican majority and his allegiance to Trump.

Robert F. Kennedy Jr. of the Department of Health and Human Services at the White House last month.credit…Eric Lee/The New York Times

CDC officials have been informed that the functions of the Chronic Disease Center will be relocated to a new entity within the health department called Management for a Healthy America.

Additionally, the proposal released on Friday seems to allocate $500 million to the Health Secretary for initiatives focusing on “nutrition, physical activity, healthy lifestyle choices, medications, and treatments.”

Yet, the Chronic Disease Center’s budget at the CDC was nearly tripled. Even if some chronic disease centers are revived under AHA, it’s unlikely that CDC scientists, who have relocated from Atlanta, will be involved.

“The actual subject matter experts managing the program may no longer be at the CDC,” remarked Dr. Scott Harris, Alabama’s state health officer. “We certainly don’t have the same level of expertise in my state.”

The Department of Health and Human Services did not respond to requests for comment.

The CDC’s Chronic Disease Center has launched programs aimed at the prevention of cancer, heart disease, diabetes, epilepsy, and Alzheimer’s disease. However, it also supports initiatives beyond traditional boundaries, like developing walking trails and ensuring healthy food options are available in airports.

Dr. Davis from St. Louis indicated that her department has already been impacted by cuts that affect smoking cessation programs, lead poisoning initiatives, and health equity efforts, with a loss of over $11 billion in funding that the CDC previously provided to the state’s health department.

Diabetes Prevention Program at the Bronx YMCAcredit…Benjamin Norman from New York Times
The center is involved in various initiatives, from developing walking paths to ensuring that healthy food options like salads are available at airports.credit…Tony Senicola/The New York Times

“I’m going to see the impacts of COVID-19 reflected in our current situation,” Dr. Davis emphasized.

In the proposed budget, the administration claims that discontinued programs could be more effectively managed at the state level. However, the state’s health department already oversees most chronic disease initiatives, with approximately three-quarters of the CDC Center’s funding dedicated to these programs.

Dr. Harris expressed that the funding loss is “devastating for us.”

Alabama has one of the highest chronic disease rates nationwide, with upwards of 84% of the Department of Public Health’s budget sourced from the CDC, Dr. Harris noted. Approximately $6 million is estimated to support chronic disease initiatives, including blood pressure screenings, diabetes education, and promoting physical activity.

If these funds are cut, he added, “I have no idea now where the funding will come from.” “No one truly seems to know what to expect, and we are not solicited for input on these matters.”

The Minnesota health department has already terminated 140 positions, with hundreds more potentially at risk if CDC funding reductions continue. Cuts to chronic disease prevention have direct repercussions on nursing homes, vaccination clinics, and public health efforts for Native Americans in the region.

“Federal decisions have left us unsupported in a fragile situation without a safety net,” stated Dr. Brooke Cunningham, the state health commissioner.

Dr. Cunningham noted that until recently, there seemed to be a shared understanding at all levels of government regarding the importance of investing in health.

In 2023, Dr. Brooke Cunningham, Commissioner of the Minnesota Department of Health.credit…David Joles/Star Tribune via the Associated Press

The impact of the CDC Chronic Disease Center is felt in many surprising facets of American life.

In Prairie Village, Kansas, Stephanie Barr learned about the center when she worked as a waitress without health insurance and discovered a lump in her breast 15 years ago.

Thanks to the CDC’s National Early Breast and Cervical Cancer Detection Program, she received mammograms and ultrasounds, with staff assisting her in registering for Medicaid for treatment after a biopsy revealed the mass was cancerous, Barr recounted.

“It was caught just in time,” said Barr, now 45 and cancer-free.

Since its inception in 1991, the program has provided over 16.3 million screenings for more than 6.3 million individuals, with no other affordable options available.

The organization 530 Health has circulated a petition urging lawmakers to reject the proposed HHS budget, which could cut discretionary funding by approximately one-third. The signers contend that these cuts would “effectively devastate” the nation’s research and public health infrastructure.

The budget also suggests dismantling the disease registry and surveillance system.

“Without collecting data or maintaining these surveillance systems, we lose sight of trends,” mentioned Dr. Philip Fan, director of Dallas County Health and Human Services in Texas.

“You’re losing all historical context,” he explained.

In a previous role as Director of Chronic Diseases in Texas, Dr. Huang worked closely with CDC specialists who effectively decreased tobacco use among Americans.

“Abolishing smoking cessation efforts is utterly irrational if you aim to address chronic illnesses,” he stated.

The Chronic Disease Center’s programs target cancer, heart disease, diabetes, epilepsy, and Alzheimer’s disease.credit…Tony Leon of the New York Times
Smoking continues to be a leading cause of preventable deaths in the U.S., causing over 480,000 fatalities annually, according to the CDC.credit…Jenny Kane/Applications

Smoking remains a top contributor to preventable deaths in the United States, leading to over 480,000 deaths each year, per CDC data.

More than one in ten Americans smoke regularly; however, rates vary significantly by region, and CDC monitoring is crucial for targeting areas where cessation programs are most necessary.

“While smoking rates have declined, if the federal government eases regulations, tobacco companies are poised to regain ground,” cautioned Erica Seward, vice president of advocacy for the American Lung Association.

She highlighted that tobacco firms continually innovate new products, such as nicotine pouches. Usage among teenagers doubled last year. “It would be significantly more challenging to reverse this trend,” she added.

The CDC Chronic Disease Center collaborates with both community and academic organizations to promote effective programs, ranging from engaging youth in rural areas of Iowa to training members of Black churches in Columbia, South Carolina.

In rural Missouri, numerous walking trails have been established in the Bootheel region, an area with high obesity and diabetes rates, as noted by Ross Brownson, a public health researcher at Washington University in St. Louis, who is partnering with the CDCC to lead the Center for Prevention Research.

“Research indicates that enhancing walkability in a community can significantly increase physical activity levels,” Dr. Brownson commented. “Though there may be no fitness centers in rural areas, residents can enjoy nature and outdoor walking, and land is relatively affordable.”

In Rochester, New York, CDC support is training both deaf and hearing individuals to lead exercise and wellness programs targeted at others who are deaf and often excluded from mainstream fitness classes.

In San Diego, investigators are exploring strategies to shield farmworkers from ultraviolet and heat-related health issues.

“When they initiate these efforts from the ground up, they’re community-driven and not reliant on government support,” commented Allison Bey, who recently lost her position overseeing such initiatives at the CDC.

The CDC’s reorganization has also resulted in the termination of the lead poisoning program. Lead poisoning is “among our most significant public health challenges in Cleveland,” pointed out Dr. David Margolius, the city’s public health director.

While the CDC does not directly fund Cleveland’s lead program, the state provides the necessary resources. “We rely on federal expertise to guide us toward a lead-free future, so this will have a profound impact on us,” he stated.

Source: www.nytimes.com

Microsoft Sees 18% Profit Surge Despite Reduced AI Spending

Following the launch of the ChatGpt Chatbot in 2022, Microsoft has been pouring substantial funds into developing a data center, as highlighted by one industry analyst. Dubbed “Constructing the largest infrastructure ever created by humanity.”

Nevertheless, the company has put the brakes on spending after 10 consecutive quarters marked by increased investment in artificial intelligence, as indicated in the financial results released Wednesday.

In the first quarter of 2025, Microsoft allocated $21.4 billion toward capital expenses, which is over $1 billion less than the previous quarter.

The organization intends to invest more than $80 billion in capital expenditures for the current fiscal year, which concludes in June. However, these pullbacks suggest that, even if marginally, the tech sector’s enthusiasm for AI spending might not be limitless.

Overall, Microsoft’s results showcased unexpected strength in its operations. Revenue surpassed $70 billion, marking a 13% increase from the same period last year. Profits rose by 18% to reach $25.8 billion. These results significantly exceeded Wall Street’s forecasts.

Satya Nadella, CEO of Microsoft, stated, “The cloud and AI are fundamental components for every business aiming to enhance efficiency, lower expenses, and boost growth.”

Following the announcement, Microsoft’s stock surged by over 5% in after-hours trading.

The company is aggressively expanding, and in the last quarter, Microsoft noted that sales would have been even greater if additional data centers were operational to meet the demand for cloud computing and AI services from its clients.

Sales for Azure, Microsoft’s premier cloud service, increased by 33% during the quarter, greatly surpassing Wall Street’s expectations, with nearly half of that growth attributed to AI services.

Investors have experienced fluctuations in infrastructure spending following reports from analysts at TD Securities in late February that Microsoft had exited several data center contracts. Analysts suggested that Microsoft is linked to a project intended to develop advanced AI systems, in collaboration with partner OpenAI. OpenAI is currently planning to partner with Oracle under the Stargate Project.

Microsoft has acknowledged a slowdown in projects in Ohio and Wisconsin, mentioning the suspension of “early stage projects” as part of its Refinement Process.

(The New York Times has filed a lawsuit against OpenAI and Microsoft, claiming copyright infringement related to AI system-generated news content. Both companies have denied the allegations.)

Analysts at Raymond James reported last week that they have not yet noticed significant reductions in spending from Microsoft’s Enterprise Cloud customers. However, they expressed concerns that tariffs and economic uncertainty could prompt customers to cut back on growth initiatives and focus more on maintaining operations.

Microsoft’s personal computing segment grew by 6%, reaching $13.4 billion, while commercial sales of productivity tools for businesses, including Excel, Teams, and Word, increased by 15%.

Microsoft’s results would have shown even greater performance if revenues exceeded $1 billion and profits had not been impacted by over $400 million due to the depreciation of the US dollar.

Source: www.nytimes.com

Spending Time Without Screens: How Can I Connect with My Husband Again? |Family

My husband is with his IP, Advertisement or his phone. That’s the last thing he does before going to bed and the first thing he attends to in the morning.

We have toddlers and are pretty good at sharing childcare, but the moment we show up after work, he gets me.pad out. It grabs me more than I can say (especially if I’m eating the dinner I’ve cooked). Parenting is lonely and boring, and I think he likes to relax at the end of the day, but I hope we spend time together as a family.

I know that there’s nothing sexier and more fun than devices designed by a lot of rich people silicon. I’m a volleyball expert, but I try so hard not to be on my phone all the time with my kids, as I don’t want it to impact them negatively. The phone seems more important to him than spending time with me. We thought we were on the same page about this, but it appears that my partner doesn’t see the disconnect between “our kids aren’t getting an iPad” and “I’ll be on mine all the time.”

I feel like I’m becoming more isolated, and I don’t know how to address it. Despite my love for him and thinking he is kind, fun, and cheerful, I miss having a relationship without the constant device presence.

In rare cases, we have a date night away from the baby, and he spends time with me without reaching for his phone. It was amazing, and I desire more of these moments in our daily lives. I want to establish some boundaries, but there never seems to be a good time to discuss it since we are always tired. How can I request one screen-free night a week together?

Eleanor says: I see multiple issues here. The screen use is affecting your connection with each other and potentially your child. When he falls into an iPad Vortex, it may feel like he’s bringing work home. There’s also the challenge of finding the right time to address this, but he may not realize how you feel unless you communicate your concerns to him.

It appears that each screen use case may require a tailored approach to resolve.

It’s easy to assume that once the screen is out of the equation, everything will return to normal. However, in today’s age, there is a new void created when we push away the iPad, where old hobbies and social connections used to exist.

On the flip side, excessive screen use can lead to neglecting other aspects of life. When we put down the screens, it might feel like we are waiting for something that never comes. This realization can lead to a sense of emptiness. By immersing in screens, we may inadvertently isolate ourselves from non-screen activities.

I believe the antidote to excessive screen use isn’t just avoiding screens but engaging in activities outside the digital realm that make screens seem less appealing.

You might find it helpful to propose positive alternatives for the various aspects of your lives. Not only should you aim for screen-free nights, but also plan concrete activities – games, outings, or movies that you both enjoy. Don’t just focus on avoiding the screen with your kids; think about creating meaningful experiences together.

Even activities that were once considered recreational – like date nights, movie nights, or reading to your kids – may feel burdensome due to screen immersion. Instead of considering them as chores, view them as opportunities to connect and recharge.

Given his willingness to abstain from the phone on date nights, it seems like he values your time together. If not, expressing your feelings about missing him and cherishing the moments spent with him, even when tired and stressed, could be enlightening. It’s evident how much you appreciate his company.

Asking him to reduce screen time shouldn’t feel like an imposition. Instead, it can be a way of showing him your love for spending time together. This could serve as a gentle reminder of the connection you share beyond the digital realm. Communicate your feelings, and it may pave the way for a positive change.

Ask Eleanor

Source: www.theguardian.com

Less than 1% of agency spending goes to federal health workers

Recently, Health Secretary Robert F. Kennedy Jr. made headlines by defending his decision to terminate thousands of employees in his department.

Last week, he announced plans to eliminate 10,000 jobs, in addition to the 10,000 positions cut during the early days of the Trump administration.

Kennedy referred to the Department of Health and Human Services as “the largest agency in the government, twice the size of the Pentagon, with a budget of $1.9 trillion.” News Nation. He suggested that the department does little to enhance the health of Americans.

Despite having a discretionary budget of around $850 billion, HHS spends more than the Department of Defense. However, experts argue that the majority of the HHS budget is not allocated to staff expenses.

According to three budget experts, a small fraction of the federal health agency budget goes towards officials’ salaries. This includes FDA staff, CDC, and NIH.

The majority of funds are spent on Medicare and Medicaid for elderly and low-income individuals, respectively. These funds support private insurance plans, hospitals, clinics, pharmaceutical companies, and more.

Melinda Bunting, a health policy professor, stated that HHS staff costs represent less than 1% of the department’s budget, despite overall spending increases.

Bobby Cogan, from the Center for Progress in America, criticized Kennedy’s depiction of HHS budgeting as “misleading.”

Kogan argued that the focus should be on the aging population, not misleading budget claims. HHS seeks to reduce federal spending by $1.8 billion annually through workforce cuts.

Another HHS institution, the administration for children and families, allocates billions to programs like Head Start and welfare support.

Christounner, from the Responsible Federal Budget Committee, estimated HHS staff costs to be less than 1% of spending, accounting for highly qualified health professionals.

While the Trump administration has focused on Medicare fraud, Congress is exploring potential fraud within Medicare Advantage Plans, involving hundreds of billions of dollars annually. Hundreds of Billions Annual dollars.

Source: www.nytimes.com

Elon Musk asserts influence in Washington by vetoing spending bill | Elon Musk

Elon Musk utilizes his social media platforms and threat to spend millions against Republicans in primaries to advocate for a bipartisan Congressional spending bill to keep the government running, but the bill was diluted. House Republicans rushed to create a new deal after Musk’s initial failure. The revised agreement provided funding for several months while suspending the debt limit at Trump’s request, but it did not pass in the House of Representatives.

Musk, the world’s richest man, played a significant role in the 2024 election, supporting Trump and spreading right-wing rumors. He criticized the spending bill on social media, misrepresenting its contents and impact. Trump and Vice President-elect Vance opposed the bill, but Musk’s public opposition was more prominent.

Musk urged the public to contact legislators to defeat the bill and celebrated its failure as a victory for the people. While he has no formal role in the Trump administration, he wields significant influence over the party and future president through his organization.

The incident exemplifies Musk’s influential role in using social media to attack opponents and influence public opinion. He vowed that no legislation should pass until Trump takes office and pledged to hold dishonest politicians accountable.

Congressional Republicans largely supported Musk, with Senator Rand Paul suggesting him as Speaker of the House. Representative Marjorie Taylor Greene also expressed openness to the idea. Democrats criticized Musk’s influence and power, with Congressman Pocan creating images depicting Musk controlling Trump.

Musk spread misinformation about the bill, falsely claiming lawmakers would receive a significant pay raise. Fact-checks have disproven these claims, but Musk continued to mislead on social media. Republican Rep. Crenshaw was also caught in rumors about a pay increase, which he denied.

Musk responded to Crenshaw’s claims, emphasizing that Congress should only give raises with a balanced budget. Crenshaw advised Musk to verify sources before amplifying misleading information.

Source: www.theguardian.com

Investors React to Plans for Increased Spending on AI, Leading to $190 Billion Drop in Meta’s Value

Meta’s stock price tumbled 15% on Wall Street Thursday in response to commitments to ramp up spending on artificial intelligence, resulting in approximately $190 billion being wiped off the market value of the Facebook and Instagram parent company.

During a conference call on Wednesday, Mark Zuckerberg, Meta’s CEO, emphasized the necessity of increasing spending on AI technology in order to generate “significant revenue” from the company’s new AI products. “There is a need for an increase,” he stated.

The stock price of Meta had previously benefited from stringent cost-cutting measures in 2023, which Zuckerberg referred to as “the year of efficiency.” However, investors were spooked when Meta raised the upper limit of its capital spending guidance from $37 billion to $40 billion on Wednesday.

Meta recently launched Llama 3, the latest iteration of its AI model and image generator, which can update images in real-time while users input prompts. This update also sees the expansion of Meta AI, the company’s AI-powered assistant, to more than 10 markets outside the US, including Australia, Canada, Singapore, Nigeria, and Pakistan. Chris Cox, Meta’s chief product officer, mentioned that the company is still working on implementing this in Europe.

The decline in stock price comes after Meta Inc. experienced a record increase in market value in February, adding $196 billion to its market capitalization following the announcement of its first dividend, which was, at the time, the largest single-day gain in Wall Street history. However, Nvidia, a prominent supplier of chips for AI models, later surpassed this record with a $277 billion profit.

Source: www.theguardian.com

Research reveals that spending time with a dog can enhance focus

Owning a dog can bring happiness, but recent research suggests that spending time with your furry friend can also have a positive impact on your brain function, enhancing focus and creativity.

Various studies have explored the connection between mood, hormone levels, and interactions with dogs. This new study delved deeper by using electroencephalography (EEG) scans to monitor brain activity while participants engaged with their dogs, resulting in unexpected findings.

During the study, participants interacted with a trained 4-year-old poodle that had a “compatible personality.” Researchers from Konkuk University in South Korea found that participants experienced increased brain wave activity when engaging with the dogs. The study, published in the journal Pro Swan, involved 30 participants who performed various activities with the poodles.

The researchers noted that activities like walking or playing with the dogs strengthened alpha-band brain wave oscillations, indicating a state of relaxation. On the other hand, activities such as grooming and gentle massages led to increased beta-band vibrations, associated with improved concentration.

Even participants without pets experienced these benefits, suggesting that interacting with dogs can positively impact brain activity regardless of pet ownership. However, it’s worth considering that the participants likely had an existing interest in dogs, potentially influencing the results.

Researchers hope this study will spark further investigation into using service dogs to provide physiological benefits like reducing anxiety in various environments. They see potential for animal-assisted interventions to improve well-being in places like hospitals and schools.

“This study offers valuable insights into the therapeutic effects and mechanisms of animal-assisted interventions,” stated the researchers.

Read more:

Source: www.sciencefocus.com

TikTok Achieves Landmark $10 Billion in Consumer Spending, Surpassing Gaming Apps

TikTok’s short-form video app is reaching a new milestone. The app is the first non-gaming mobile app to reach 1 billion monthly active users in 2021 and generate $10 billion in consumer spending across the Apple App Store and Google Play combined, according to new analysis by the app intelligence provider. It is said that it became. data.ai. The only other apps to achieve this include all games including King/Activision Blizzard’s Candy Crush Saga, which is the top earner at over $12 billion, Tencent’s Honor of Kings, XFLAG/Mixi’s Monster Strike, Including Supercell’s Clash of Clans.

Image credits: data.ai

The report notes that TikTok already entered 2023 with more than $6.2 billion in consumer spending and has since added another $3.8 billion over the course of the year, representing 61% year-to-date growth. This figure is 15% higher than the total of $3.3 billion in 2022, according to data.ai. For reference, that report only includes consumer spending on TikTok across iOS and Google Play, and does not include third-party Android app stores in China. In other words, TikTok’s total consumer spending could increase further.

This spending comes from TikTok’s in-app purchases of “coins,” a virtual currency that users can spend on gifts to creators on the platform. These gifts reward creators for their content and can be cashed out as fiat currency, with TikTok keeping his 50% of the payments. The app’s most popular in-app purchase is a bundle of 1,321 coins for $19.99, which accounts for a quarter of its revenue. TikTok also generates revenue from other sources besides in-app purchases, such as advertising and e-commerce through the TikTok Shop, but these are not counted in data.ai’s analysis.

Image credits: data.ai

According to Data.ai, US consumers and Chinese iOS users accounted for the majority of the in-app spending that pushed TikTok to the $10 billion milestone, with both markets accounting for around 30% of each revenue and In other words, it drives 60% of the total. Total when combined. This was followed by other markets such as Saudi Arabia, Germany, the UK, and Japan, which together accounted for 13% of his in-app purchase revenue.

TikTok is the only non-gaming app to reach $10 billion, but other non-gaming apps have also made billions of dollars, but far behind TikTok. The next closest competitors are Tinder and YouTube, both of which have a $2 billion to $3 billion lead over TikTok, the report said.

Image credits: data.ai

“TikTok is poised to become the most profitable mobile app in history, approaching the $15 billion milestone in 2024. Consumers are tipping their favorite content creators with more than $11 million per day. , which makes TikTok the world’s most lucrative mobile game ever, surpassing the beloved Candy Crush Saga,” said Lexi Sydow, Head of Insights at data.ai. At the announcement About new milestones. “TikTokers will spend 40 hours of work time each month within the app by the end of 2024, a 22% increase from 2023,” she added.

office Predict TikTok’s revenue will rise again in 2024, with consumer spending reaching $15 billion.

Source: techcrunch.com